Bowlero, World’s Largest Owner and Operator of Bowling Centers, Outperforms Q1 2022 Fiscal Year Expectations and Dramatically Outpaces Pre-Pandemic Performance

Written by Customer Service on November 15, 2021. Posted in Earnings Releases And Operating Results.

Leisure revenue, which accounts for the bulk of total revenue, rose 22% from pre-pandemic levels. Net Income for the quarter was $25 million vs. a loss of $20 million in the first quarter of fiscal year 2021. Adjusted EBITDA rose 140% vs. pre-pandemic quarter to $59 million, as operational efficiencies continue to drive significant margin expansion. Balance sheet further strengthened by $54 million of cash generated from operating activities, net over the period. Total bowling center revenue, gross profit, EBITDAR, and EBITDAR margin outperformed expectations. Fourth highest revenue quarter in Bowlero’s history, in what is seasonally a lower sales volume quarter. RICHMOND, Va., Nov. 15, 2021 (GLOBE NEWSWIRE) — Bowlero Corp (“Bowlero”), the world’s largest owner and operator of bowling centers and owner of the Professional Bowlers...

Skylight Health Group Reports Record Third Quarter 2021 Financial Results

Written by Customer Service on November 15, 2021. Posted in Earnings Releases And Operating Results.

Revenue Growth of 269% Year over Year and 16% Growth Compared to the Previous Quarter TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — Skylight Health Group Inc. (NASDAQ:SLHG; TSXV:SLHG) (“Skylight Health” or the “Company”), a multi-state primary care management group in the United States, today announced its financial results for the third quarter ended September 30, 2021. Third Quarter Highlights: Revenue increased 269% to $12.2 million, compared to $3.3 million for the same period last year, and up 16% from the second quarter 2021; Approximately 8% QoQ organic growth driven by improved revenue cycle management, provider access and patient flow post acquisition; Adjusted EBITDA loss of $2.6 million, driven by bench strengthening investments in people, technology and acquisition related expenses; Entered into Pennsylvania with the acquisition...

Agora, Inc. Reports Third Quarter 2021 Financial Results

Written by Customer Service on November 15, 2021. Posted in Earnings Releases And Operating Results.

SANTA CLARA, Calif., Nov. 15, 2021 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the third quarter ended September 30, 2021. “We delivered another quarter of strong revenue growth, underpinned by the continued adoption of our real-time engagement platform by developers,” said Tony Zhao, founder, chairman and CEO of Agora. “At our recent RTE 2021 conferences in the United States and China, I was overwhelmed by the enthusiasm from developers around the world for real-time engagement technology, and I’m very excited about the innovative applications they are building with our platform, such as live audio cast, virtual concert and metaverse. In this quarter, we released several important new products, such as the full-path...

Consolidated Water Reports Q3 2021 Results

Written by Customer Service on November 15, 2021. Posted in Earnings Releases And Operating Results.

GEORGE TOWN, Cayman Islands, Nov. 15, 2021 (GLOBE NEWSWIRE) — Consolidated Water Co. Ltd. (Nasdaq Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, reported results for the three and nine months ended September 30, 2021. Quarterly and first nine-month comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). Financial and Operational Highlights Retail revenue for the third quarter of 2021 increased 5% to $5.2 million and bulk revenue increased 13% to $6.9 million. For the first nine months of 2021, revenue totaled $50.2 million, which included bulk revenue up 8% to $19.8 million and services revenue up 6% to $10.5 million. As of...

ERES REIT Declares November 2021 Monthly Distribution

Written by Customer Service on November 15, 2021. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the November 2021 monthly cash distribution of €0.00917 per Unit and Class B LP Unit (the “November Distribution”), being equivalent to €0.110 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on November 30, 2021, with payment on December 15, 2021. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01312 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...

OMNIQ Announces 30% increase YOY in Q3 Revenue to $20.5 Million, Nine-Month Revenue increased 26% to a Record $53.4 Million, Q3 YoY Gross Profit increased 66% to $4.7M

Written by Customer Service on November 15, 2021. Posted in Earnings Releases And Operating Results.

SALT LAKE CITY, Nov. 15, 2021 (GLOBE NEWSWIRE) — OMNIQ Corp. (NASDAQ: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its financial results for the three month period ended September 30, 2021. OMNIQ Q3 2021 and recent highlights include: 30% YoY increase in Q3 sales to $20.5 million 26% YoY increase in 9-months sales to $53.4 million 56% sequential increase in Q3 sales over Q2 2021 68% YoY increase in gross profit Gross margins of 23% in Q3 increased by 5% over Q3 2020 Gross Margins of 18% Cash grew by 118% since December 31, 2020 to approximately $10 million Began trading on Nasdaq Closed a Private Placement of Unregistered Common Stock Closed acquisition of 51% of Dangot Computers Dangot Computers Ltd awarded with an approximate $2 million order for...

Riot Blockchain Reports Record Third Quarter 2021 Financial Results, Current Operational and Financial Highlights

Written by Customer Service on November 15, 2021. Posted in Earnings Releases And Operating Results.

CASTLE ROCK, Colo., Nov. 15, 2021 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Blockchain” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and hosting, reported financial results for the three month period ended September 30, 2021. The unaudited financial statements are available on Riot’s website and here. “We are extremely pleased to report another quarter of record financial results,” said Jason Les, CEO of Riot. “These results demonstrate the continuous financial and operational improvements that management is focused on delivering for shareholders. Riot’s technology-focused, vertically integrated strategy significantly de-risks the Company’s future growth plans. Additionally, it enhances future capital efficiencies as technological improvements, such as industrial-scale immersion...

PetVivo Reports Second Quarter 2022 Financial Results – Updated

Written by Customer Service on November 15, 2021. Posted in Public Companies.

Raised approximately 11.25 million in connection with Initial Public Offering Rebranded Kush™ as Spryng™ and commenced sales of Spryng™ Conference call begins at 4:00 p.m. Central time today EDINA, MN, Nov. 15, 2021 (GLOBE NEWSWIRE) — PetVivo Holdings, Inc. (Nasdaq: PETV, PETVW), an emerging biomedical device company focused on the commercialization of innovative medical therapeutics for animals, announces financial results for the three and six months ended September 30, 2021. Highlights from the second quarter of 2022 and recent weeks include the following (all comparisons are with the second quarter of 2021, unless otherwise indicated): Raised approximately $11,254,000 from a registered public offering of our units, which closed on August 13, 2021 Uplisted to Nasdaq in connection with the registered offering, where our common...

WELL Health Announces $65 Million Bought Deal Offering of Convertible Debentures

Written by Customer Service on November 15, 2021. Posted in Public Companies.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Nov. 15, 2021 (GLOBE NEWSWIRE) — WELL Health Technologies Corp. (TSX: WELL) (“WELL” or the “Company”) is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and Scotiabank as joint bookrunners, together with a syndicate of underwriters including Stifel GMP as co-lead underwriter with Eight Capital and Scotiabank (collectively, the “Underwriters”), will purchase, on a bought deal basis, $65 million aggregate principal amount of convertible senior unsecured debentures of the Company due December 31, 2026 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”). The Debentures will...

RioCan Real Estate Investment Trust Announces November 2021 Distribution

Written by Customer Service on November 15, 2021. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 8 cents per unit for the month of November. The distribution will be payable on December 7, 2021 to unitholders of record as at November 30, 2021. About RioCanRioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2021, our portfolio is comprised of 210 properties with an aggregate net leasable area of approximately 36.9 million square feet (at RioCan’s interest) including office, residential rental and 15 development properties. To learn more about us, please visit www.riocan.com. Information...

Day: November 15, 2021

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