Day: November 15, 2021

J&J Snack Foods’ Fourth Quarter Net Sales Increase 28%, Driving 187% Rise in Net Earnings

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

Fourth Quarter and Full-Year Fiscal 2021 EPS of $0.98 and $2.91 PENNSAUKEN, N.J., Nov. 15, 2021 (GLOBE NEWSWIRE) — J&J Snack Foods Corp. (NASDAQ: JJSF) today reported financial results for the fourth quarter and full year ended September 25, 2021. Fourth Quarter Full-YearActuals % v. LY Actuals % v. LY Net Sales $323.1M 28% $1,145M 12%Operating Income $25.3M 543% $71.2M 314%Net Earnings $18.9M 187% $55.6M 204%Earnings per Diluted Share (EPS) $0.98 180% $2.91 203%Dan Fachner, J&J’s President and CEO, commented, “We are pleased with the strong finish to the year and the positive trends we see across our business, including exceeding pre-Covid sales levels in the fourth quarter despite an incredibly challenging operating environment. While fiscal 2019 was one of our strongest years, our net...

KULR Technology Group Reports Third Quarter 2021 Financial Results

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

The Company Recorded Over 300% Increase in Year-over-Year Revenue and Expects Growth Momentum to Continue into 2022 SAN DIEGO, Nov. 15, 2021 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today reported results for the third quarter ended September 30, 2021 (“Q3”). KULR’s Q3 revenue increased by over 300% year-over-year as the Company began to steadily expand the commercialization of its products. KULR continues to make significant investments in all areas of its business and is increasingly seeing the number of partnerships and product development initiatives ramp up. As KULR accelerates investments into new technology developments such as smart battery...

Vintage Wine Estates Direct-to-Consumer Business Grows 37% Driving Total Revenue to $56 million in First Quarter Fiscal 2022

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

Upgrades Annual Revenue & Adjusted EBITDA GuidanceExecuting on omni-channel, multi-brand strategy with expanded bottling capacity to drive growth and margins; delivering growth while addressing supply chain headwinds Gross margin expanded 24 basis points over the prior-year period to 42.1% Net income of $2.8 million with adjusted EBITDA1 of $11.8 million, or 21.1% of revenue Putting capital to work and executing strategy to build adjacent categories with acquisition of ACE Cider, leading U.S. cider brand Expected organic growth combined with two fiscal-year-to-date acquisitions upgrades fiscal 2022 revenue guidance to $265 million to $275 million Expect fiscal 2022 adjusted EBITDA2 of $63 million to $65 million, or approximately 24% of sales at mid-point of range Strong acquisition pipeline expected to advance further in fiscal...

Unrivaled Brands Reports Third Quarter 2021 Financial Results

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

Reports Year Over Year Quarterly Revenue Growth of 668% SANTA ANA, Calif., Nov. 15, 2021 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQX: UNRV) (“Unrivaled” or the “Company”), a multi-state vertically integrated company focused on the cannabis sector with operations in California, Oregon, and Nevada, today reported its financial results for the quarter ended September 30, 2021. Frank Knuettel, Chief Executive Officer of Unrivaled Brands stated, “I’m pleased to report the operating results for our first quarter after merging with UMBRLA, which was an important step forward in our effort to become the dominant west coast multi-state operator in the cannabis industry. During the third quarter, we recorded $23.4 million in revenues, up 274% from $6.3 million in revenues during the second quarter of this year...

AgileThought Inc. Reports Third Quarter 2021 Financial Results

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

AgileThought, Inc.Quarterly Revenue (in millions)AgileThought, Inc.Quarterly Gross Margin (in millions)IRVING, Texas, Nov. 15, 2021 (GLOBE NEWSWIRE) — AgileThought, Inc. (“AgileThought” or the “Company”) (NASDAQ: AGIL), a global provider of digital transformation services, custom software development, and next generation technologies, today reported results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights and Results:Revenue was $40.4 million, a 3.8% increase over Q2 2021 revenue of $38.9 million 10 new clients added during the quarter $61.4 million in bookings (Total Contract Value) a 11.9% increase over Q2 2021 of $54.9 million 1.5x Book to Bill ratio in Q3 2021 (Total Contract Value/Revenue) 17.2% revenue growth Q3 of 2021 vs Q4 of 2020 13.8% YTD billable employee...

FlexShopper, Inc. Reports Third Quarter 2021 Financial Results

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

Q3 2021 Net Revenues Up 25.6% to $30.9 million; Net Income of $1.7 million; EPS of $0.05 BOCA RATON, Fla., Nov. 15, 2021 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced its financial results for the quarter ended September 30, 2021, highlighted by a significant improvement in bottom-line profitability. Results for Third Quarter Ended September 30, 2021 vs. Third Quarter Ended September 30, 2020:Total net revenues and fees increased 25.6% to $30.9 million from $24.6 million Originated 30,407 gross leases, down 35.7% from 47,317; average origination value increased to $522 from $480 Gross lease originations decreased $6.7 million, or 29.8%, to $15.9 million from $22.6 million Gross profit increased 42.3%...

Autoscope Technologies Corporation Announces Financial Results and Dividend Declaration

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

SAINT PAUL, Minn., Nov. 15, 2021 (GLOBE NEWSWIRE) — Autoscope Technologies Corporation (Nasdaq: AATC) today announced results for its quarter and nine months ended September 30, 2021, and that its Board of Directors has authorized and declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on November 29, 2021 to shareholders of record at the close of business on November 22, 2021. Third Quarter 2021 Financial SummaryThird quarter royalties were $2.5 million, an increase of 12 percent from the same period in the prior year. Third quarter product sales were $805,000, a decrease of 48 percent from the same period in the prior year. Operating expenses totaled $2.0 million in the third quarter of 2021, a decrease of 11 percent from the prior year period. Net income for the third quarter...

Xcel Brands, Inc. Announces Third Quarter 2021 Results

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

Third quarter total net revenue of $11.3 million, up 52% from Q3, 2020 Third quarter net wholesale and direct-to-consumer sales up over 100% from Q3, 2020 Third quarter licensing revenue up 31% from Q3, 2020NEW YORK, Nov. 15, 2021 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company, today announced its financial results for the third quarter ended September 30, 2021. Robert W. D’Loren, Chairman and Chief Executive Officer of Xcel commented, “We are pleased with our third quarter top-line growth across our businesses and distribution channels. Our teams continue to work hard to navigate challenges associated with the pandemic and global supply chain. Xcel’s strong brands, innovative distribution channels, and robust balance sheet create a solid foundation...

First Financial Northwest, Inc. Declares Quarterly Cash Dividend of $0.11 per Share

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

RENTON, Wash., Nov. 15, 2021 (GLOBE NEWSWIRE) — First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share on the Company’s outstanding common stock. The cash dividend will be payable on December 17, 2021, to shareholders of record on December 3, 2021. First Financial Northwest, Inc. is the parent company of First Financial Northwest Bank; an FDIC insured Washington State-chartered commercial bank headquartered in Renton, Washington, serving the Puget Sound Region through 15 full-service banking offices. For additional information about us, please visit our website at ffnwb.com and click on the “Investor Relations” link at the bottom of the page. Forward-looking...

LMP Automotive Holdings, Inc. Announces Third Quarter 2021 Financial Results

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

Third Quarter 2021 Highlights All financial comparisons stated below are compared to the third quarter of 2020, unless otherwise noted.Revenue increased $128.0M to $141.4M Overall Gross Profit increased by $26.7M to $27.6M Gross Profit Margin increased by 12.9% to 19.5% Adjusted Net Income1was $8.6M or $0.85 per share Adjusted EBITDA1increased by $12.1M to $11.9M or $1.18 per share Adjusted Shareholder Equity1 increased by $19.3M to $50.9MFORT LAUDERDALE, Fla., Nov. 15, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today reported its third quarter 2021 financial results. Management will hold a conference call at 4:30p.m. ET today to review and discuss the Company’s business and results. Sam Tawfik,...

Day: November 15, 2021

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