Year: 2021

REE Automotive Announces Third Quarter 2021 Financial Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

Leopard VehicleREE unveils Leopard, a fully autonomous concept vehicle based on REE’s modular EV platform geared for customers including last-mile autonomous and electric delivery companies, delivery fleet operators, e-retailers and technology companies seeking to build fully autonomous solutions.Navya FrameREE platform and frame that will be used to secure hardware such as lidars and sensors during completion of first phase of validation tests of REEcornerTM and control technology for Navya’s next-generation autonomous vehicles.REE PlatformREE prototype platform for first phase of REEcornerTM and control technology validation tests for Navya’s next-generation autonomous vehicles.UK Eng CenterREE co-founder and CEO Daniel Barel with REE team at UK Engineering Center at Mira...

Quipt Announces Execution of LOI To Acquire Leading Respiratory Supplier With Approximately $13 Million in Annualized Revenue and $1.6 Million in Net Income and Provides Outlook for 2022 Calendar End Run-rate of $180-$190 Million With $38-$43 Million in Adjusted EBITDA

Written by Customer Service on November 16, 2021. Posted in Mergers And Acquisitions.

Target Is Located and Services a Major Metro Hub in the Midwestern United States and Would Add Over 15,000 Active Patients CINCINNATI, Nov. 16, 2021 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce it has executed a non-binding letter of intent (the “LOI”) today to acquire an arm’s length private respiratory care company in the Midwestern United States reporting unaudited trailing 12-month annual revenues of approximately $13 million, $1.6 million in net income, and positive Adjusted EBITDA. The Company is also pleased to provide an outlook for 2022 calendar end. Acquisition Details The target has a heavily weighted respiratory product mix, serving as a leader...

OneWater Marine Reaches Agreement to Acquire Norfolk Marine

Written by Customer Service on November 16, 2021. Posted in Mergers And Acquisitions.

Acquisition will further expand presence in the Mid-Atlantic U.S. BUFORD, Ga., Nov. 16, 2021 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or “the Company”) announced today that it has reached an agreement to acquire Norfolk Marine Inc., which will expand the Company’s presence in the Mid-Atlantic U.S. and enhance new and pre-owned boat sales, finance, and parts and services offerings. The transaction is expected to close in the fourth quarter of calendar 2021. “The OneWater family welcomes Jason Murphy and the Norfolk Marine team as we continue to execute on our growth strategy. This acquisition will add to our growing presence in the Mid-Atlantic region and will mark our first dealer in Virginia,” said Austin Singleton, Chief Executive Officer for OneWater. “Jason and his team have contributed to the rich...

Mydecine Reports Third Quarter 2021 Financial Results and Provides Business Update

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

—To Launch Phase 2/3 Smoking Cessation Clinical Trial with Johns Hopkins University (JHU) Signed 5-Year Research Agreement with JHU to Further Mydecine’s Research of Multiple Molecules for a Variety of Indications — DENVER, Nov. 16, 2021 (GLOBE NEWSWIRE) — Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company’), a biotechnology and digital technology company aiming to transform the treatment of mental health and addiction disorders, today reported its financial results for the third quarter ended September 30, 2021 and provided a business update. “During the third quarter of 2021, we entered into a 5-year research agreement with Johns Hopkins University School of Medicine, one of the most experienced university departments in conducting clinical research related to the therapeutic...

Clear Blue Technologies Reports 139% Year-Over-Year Revenue Growth in Q3 2021 and Provides Updated Outlook

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

Record Trailing Twelve Months (TTM) Revenue of $9,021,716, with Gross Margin of 29% TORONTO, Nov. 16, 2021 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” of the “Company”) (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF), the Smart Off-Grid™ Company, today announces its financial results for the quarter ended September 30, 2021 (“Q3 2021”). Please refer to the interim unaudited condensed Consolidated Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2021 filed on SEDAR at www.sedar.com for more information. Clear Blue will host a conference call at 11am ET today to discuss Q3 2021 financial and operational results (details below). Key Financial Results (all figures in Canadian dollars) On a Trailing Twelve Months (TTM) basis:Revenue...

ZW Data Action Technologies Reports Third Quarter and First Nine Months 2021 Unaudited Financial Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

BEIJING, Nov. 16, 2021 (GLOBE NEWSWIRE) — ZW Data Action Technologies Inc. (Nasdaq: CNET) (the “Company” or “CNET”), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its unaudited financial results for the three and nine months ended September 30, 2021. Financial HighlightsThird quarter 2021 gross profit of $0.04 million, compared to a gross loss of $0.64 million for the third quarter 2020;Third quarter 2021 net income of $1.37 million, compared to a net loss of $1.33 million for the third quarter 2020;First nine months 2021 revenue of $34.85 million, representing a +28.6% YOY;Working capital of $11.84 million as of September 30, 2021, compared to $4.86 million as of December 31, 2020;Cash and cash equivalents...

Dynacor Raises Monthly Dividend 25% to 0.83 Cents Canadian

Written by Customer Service on November 16, 2021. Posted in Dividend Reports And Estimates.

MONTREAL, Nov. 16, 2021 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced its board of directors approved a 25% increase to the Corporation’s monthly dividend. The monthly dividend will increase to Canadian 0.83 cents from 0.67 cents and on an annual basis to 10 cents from 8 cents per common share starting in January 2022. This marks Dynacor’s 3rd dividend increase since the Corporation paid its first dividend to shareholders in October 2018. The Corporation’s monthly dividend qualifies as an “eligible dividend” for Canadian income tax purposes. ABOUT DYNACOR Dynacor is a dividend-paying industrial gold ore processor headquartered in Montreal,...

Hydrogen Generator Market worth USD 2.73 Billion by 2030, registering a CAGR of 6.37% – Report by Market Research Future (MRFR)

Written by Customer Service on November 16, 2021. Posted in Mergers And Acquisitions.

New York, Nov. 16, 2021 (GLOBE NEWSWIRE) — Hydrogen Generator Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Hydrogen Generator Market Research Report, Product, Process, Capacity, Application and Region – Forecast till 2030”, the market is projected to be worth USD 2.73 Billion by 2030, registering a CAGR of 6.37% during the forecast period (2022 – 2030). List of the key companies profiled in the global hydrogen generator market research report include –Air Liquide S.A. (France) Epoch Energy Technology Corporation (Taiwan) LNI Swissgas SA (Switzerland) Hydrogenics-Corporation (Canada) Air Products and Chemicals Inc. (U.S) Idroenergy S.R.L. (Italy) Linde AG (Germany) McPhy Energy S.A. (France) Proton OnSite. (U.S) Praxair Inc. (U.S). Among others.Get Free Sample...

BW Ideol: Third quarter 2021 operational update

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

HIGHLIGHTSAnnounced partnership with EDF Renewables and Maple Power for the South Brittany tender in France Pre-selection of the EDF Renewables and Maple Power consortium by the French Government and launch of the competitive dialogue Gained exclusive, long-term access to Ardersier Port for local manufacturing of concrete floating substructures to in-house and third-party ScotWind developments Submitted applications for ScotWind tender with joint venture partners for a total of 2.1 GW Progress on Californian 40 MW Pilot Project towards Environmental Impact Report Signed development and services agreements in Italy and Taiwan Year-to-date EUR 1.5 million of revenue derived from engineering activities including Eolmed Cost discipline with cash position of EUR 38.5 million at end of September 2021 supporting growth strategy.BW Ideol...

GDS Holdings Limited Reports Third Quarter 2021 Results

Written by Customer Service on November 16, 2021. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Nov. 16, 2021 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced its unaudited financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Financial HighlightsNet revenue increased by 35.2% year-over-year (“Y-o-Y”) to RMB2,061.4 million (US$319.9 million) in the third quarter of 2021 (3Q2020: RMB1,524.7 million). Service revenue increased by 35.4% Y-o-Y to RMB2,061.1 million (US$319.9 million) in the third quarter of 2021 (3Q2020: RMB1,522.4 million). Net loss was RMB301.1 million (US$46.7 million) in the third quarter of 2021, compared with a net loss of RMB204.6 million in the third quarter of 2020. Adjusted EBITDA (non-GAAP) increased...

Year: 2021

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