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Month: September 2021

Quanex Building Products Announces Third Quarter 2021 Results and Reaffirms Full Year 2021 Guidance

Solid Net Sales Growth Realized Across All Operating Segments Strong Balance Sheet Liquidity Continues to Increase Repaid $15 Million of Bank Debt HOUSTON, Sept. 02, 2021 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months ended July 31, 2021. The Company reported the following selected financial results:QUANEX BUILDING PRODUCTS CORPORATION                Q3 2021 Earnings Release                        Three Months Ended July 31,   Nine Months Ended July 31,($ in millions, except per share data)     2021   2020   2021   2020Net Sales     $279.9   $212.1   $780.4   $596.2Gross Margin     $60.0   $49.7   $175.7   $126.6Gross Margin %     21.4%   23.4%   22.5%   21.2%Net Income     $13.6   $10.8   $36.0   $16.3Diluted...

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CooperCompanies Announces Third Quarter 2021 Results

SAN RAMON, Calif., Sept. 02, 2021 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced financial results for its fiscal third quarter ended July 31, 2021.Revenue increased 32% year-over-year to $763.4 million. CooperVision (CVI) revenue up 24% to $557.5 million, and CooperSurgical (CSI) revenue up 60% to $205.9 million. GAAP diluted earnings per share $12.37, up $11.25 from last year’s third quarter. Non-GAAP diluted earnings per share $3.41, up $1.13 or 50% from last year’s third quarter. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, Cooper’s President and CEO said, “I am pleased to report another strong quarter with record revenues at both CooperVision and CooperSurgical driving record earnings and robust free cash...

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Oxford: Owner of Tommy Bahama, Lilly Pulitzer, and Southern Tide Reports Record Second Quarter Earnings, Raises Full Year Guidance

Record second quarter sales exceeded high end of revenue guidance range Record second quarter GAAP EPS of $3.05 and adjusted EPS of $3.24 exceeded high end of earnings guidance range Raises full-year EPS guidance to $6.03 – $6.28 on a GAAP basis and $6.45 – $6.70 on an adjusted basisATLANTA, Sept. 02, 2021 (GLOBE NEWSWIRE) — Oxford Industries, Inc. (NYSE:OXM) today announced financial results for its fiscal 2021 second quarter ended July 31, 2021. Due to the material impact of COVID-19 on the Company’s business in fiscal 2020, this release includes comparisons of fiscal 2021 results to both fiscal 2019 and fiscal 2020. Consolidated net sales in the second quarter of fiscal 2021 were $329 million compared to $192 million and $302 million in the second quarters of fiscal 2020 and fiscal 2019, respectively. Earnings...

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Caribou Biosciences Provides Business Update and Reports Second Quarter 2021 Financial Results

Completed upsized initial public offering of common stock, raising $349.6 million in gross proceeds including full exercise of underwriters’ option to purchase additional shares ANTLER Phase 1 clinical trial of CB-010 in relapsed or refractory B cell non-Hodgkin lymphoma ongoing Expanded company’s board of directors with appointment of Nancy Whiting, Pharm.D. BERKELEY, Calif., Sept. 02, 2021 (GLOBE NEWSWIRE) — Caribou Biosciences, Inc. (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today reported business highlights and financial results for the second quarter of 2021. “2021 has been a transformational year for Caribou, and we believe that our highly successful IPO speaks to the enormous potential of the company’s chRDNA technology to deliver innovative, transformative therapies for patients...

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Cytek Biosciences Reports Second Quarter 2021 Financial Results

FREMONT, Calif., Sept. 02, 2021 (GLOBE NEWSWIRE) — Cytek® Biosciences, Inc. (“Cytek Biosciences” or “Cytek”) (Nasdaq: CTKB) today reported financial results for the second quarter ended June 30, 2021. Recent HighlightsRevenue was $30.4 million for the second quarter, representing a 59% increase over the second quarter of 2020 Expanded the installed base to 855 instruments, with 104 instrument placements during the second quarter Launched the Cytek Aurora Cell Sorter (CS), a high-dimensional benchtop cell sorter that delivers high resolution single-cell capabilities regardless of assay complexity or autofluorescence level Launched the Automated Sample Loader, an integrated plate and tube loader that streamlines the sample loading process – offering ‘walk away’ capabilities and expanding high-throughput acquisition options for...

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Greenlight Re Innovations Announces Investment in Construction Insurance Start-up Shepherd

GRAND CAYMAN, Cayman Islands, Sept. 02, 2021 (GLOBE NEWSWIRE) — Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), has announced an investment in Shepherd Labs, Inc. (“Shepherd”), a construction insurance MGA focused on providing insurance options to middle-market contractors that devote resources to utilizing technology and data. The construction industry has historically been a slow adopter of technology solutions. Shepherd is a technology-centric MGA that plans to leverage new construction technologies to optimize all components of the value chain. By integrating with construction management platforms, Shepherd has access to more underwriting data at a significantly faster speed than traditional, manual data collection methods. Simon Burton, Chief Executive...

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Worksport Announces Closing of Underwriters’ Option to Purchase Additional Shares of Common Stock in Connection with its Underwritten Public Offering

TORONTO, Sept. 02, 2021 (GLOBE NEWSWIRE) — Worksport Ltd. (Nasdaq: WKSP, WKSPW) (“Worksport” or the “Company”), a company that designs and distributes pickup truck covers called tonneau covers throughout the United States and Canada, including Tonneau covers that provide security and protection for cargo to personal pickup truck owners, today announced the closing of the sale of an additional 210,909 shares of its common stock at a price of $5.49 per share pursuant to the exercise of the underwriters’ over-allotment option in connection with its public offering that closed on August 6, 2021, resulting in gross proceeds of approximately $1.2 million and bringing the total gross proceeds of the public offering to approximately $19.2 million. Maxim Group LLC acted as sole book-running manager for the offering. The offering was conducted...

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Lowell Farms Inc. to Participate in Upcoming September Investor Conferences

Attendees are invited to hear updates on company growth and milestones from Chairman of the Board George Allen SALINAS, Calif., Sept. 02, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF), a vertically-integrated cannabis company with advanced production capabilities supporting every step of the supply chain, including cultivation, extraction, manufacturing, brand sales, marketing, and distribution, will participate in the following investor conferences in September 2021: Viridian Capital Cannabis Expert SeriesAttendees are invited to join George Allen in an open discussion hosted by Viridian’s Director of Equity Research Jon DeCourcey. Date: September 8, 2021Time: 10 a.m. ETLink to register: https://us02web.zoom.us/webinar/register/WN_J2epmCH0QeaNJQZUd8C3iA Beacon Securities Virtual Cannabis ConferenceChairman...

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Donlin Gold Initial 2021 Drill Program Results Continue to Deliver for Project Advancement

FIGURE 1 Drill Hole Collar LocationsDepicted grid system is based on NAD83 UTM zone 4N coordinates.Results Support Mineral Resources, With Significant New High-Grade Intercepts Improving Definition of Controls on Mineralization Has Been Beneficial in Preparation for the Feasibility Study Update ANCHORAGE, Alaska, Sept. 02, 2021 (GLOBE NEWSWIRE) — Donlin Gold LLC (“Donlin Gold”), owned 50/50 by Barrick Gold Corporation (“Barrick”) (TSX: ABX) (NYSE: GOLD) and NOVAGOLD RESOURCES INC. (“NOVAGOLD”) (TSX, NYSE American: NG), is pleased to report initial assay results for 18 completed drill holes, plus additional partial results for 11 holes from the 2021 drill program.Assay results have been received from approximately 7,500 meters of drilling:Significant new high-grade drill hole intercepts in ACMA and in areas...

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Proactive news headlines including Virgin Galactic, Bragg Gaming, Benchmark Metals and Lingo Media

New York , Sept. 02, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Benchmark Metals expands Marmot Zone at flagship Lawyers project to over 350 metres strike-length click here BioLargo introduces new PFAS testing and treatment system selection program click here Boosh Plant-Based Brands appoints sustainability proponent Dave Richardson as special advisor click here CO2 GRO announces CO2 Delivery Solutions commercial feasibility with major EU-based greenhouse vegetable grower click here Bragg Gaming says its Wild Streak Gaming unit extends relationship with Sega Sammy Creation click here GlobeX Data closes oversubscribed C$6.3M financing to accelerate US launch of Sekur email and messaging system click here African...

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