Day: February 9, 2022

ALHAMBRA, CA, Feb. 09, 2022 (GLOBE NEWSWIRE) — EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace and defense, communications, and sensing markets, today announced results for the fiscal 2022 first quarter ended December 31, 2021 (1Q22). Management will host a conference call to discuss financial and business results today at 5:00 p.m. Eastern Time (ET). For 1Q22, consolidated revenue was $42.2 million, comprised of $9.9 million from the Aerospace and Defense (A&D) segment and $32.3 million from the Broadband segment. Net income was $2.4 million and $5.3 million on a GAAP and non-GAAP basis, respectively. Adjusted EBITDA was $6.3 million. Please refer to the schedules at the end of this press release for GAAP to non-GAAP reconciliations and other information related...

   NEWS RELEASE9 FEBRUARY 2022, 4:00 PM EST / 22:00 CET MDxHealth to Present at BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference IRVINE, CA, and HERSTAL, BELGIUM – February 9, 2022 – MDxHealth SA (NASDAQ/Euronext: MDXH), a commercial-stage precision diagnostics company, today announced that the Company will present at the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference, which will be held virtually from February 15-17, 2022. Michael K. McGarrity, CEO of MDxHealth, is scheduled to participate in a fireside chat, hosted by research analyst Mark Massaro, on Tuesday, February 15, 2022, at 2:30pm ET. The Company will also be available for virtual 1×1 meetings and invites investors to contact their BTIG representative for further information. About MDxHealth MDxHealth is a commercial-stage...

SAN DIEGO and REDWOOD CITY, Calif., Feb. 09, 2022 (GLOBE NEWSWIRE) — eFFECTOR Therapeutics (NASDAQ: EFTR), a biopharmaceutical company focused on pioneering the development of selective translation regulator inhibitors (STRIs) for the treatment of cancer, today announced that the Company will present and host 1×1 meetings at the 2022 BIO CEO & Investor Conference. Steve Worland, Ph.D., President and Chief Executive Officer of eFFECTOR, will provide an overview of the Company’s clinical development pipeline and corporate strategy. The presentation will be given in-person at the New York Marriott Marquis on Monday, February 14 at 9:45 am ET.   Mike Byrnes, Chief Financial Officer of eFFECTOR, will participate on a panel, entitled “SPACs: Finding the Right Fit Between Teams,” which will premiere virtually on Wednesday, February...

Las Vegas, NV, Feb. 09, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP), one of the global leaders on the forefront of the industrial hemp industry, reports today that Alaska’s “baby” hemp pilot program hits full throttle thanks to the federal government’s official green light (stamp of approval).  The state has been operating its industrial hemp pilot program, procedurally, under federal law since April, 2019. With the recent stamp of approval from the U.S. Department of Agriculture, Alaska can now expand and claim its stake in the multi-billion-dollar industry. The significance of this particular state in such a competitive industry? Alaska is one of only a handful of states that “inspects products for quality and purity,” one news source noted. This is one of the first things consumers, who ingest...

Paris, February 9th, 2022 – Referring to EU regulation No. 596/2014, which provides that issuers shall inform the public as soon as possible of inside information directly relevant to them, Atos provides today additional information on its 2021 financial figures, following its January 10, 2022, preliminary announcement. In the context of an accelerated move to the cloud, the Group decided in 2021 to reposition its activity portfolio and to focus on Digital, Cloud, Security and Decarbonization activities, away from classic infrastructure services and Unified Communications & Collaboration. In light of this change in strategy and the refocusing on growing services, the Group conducted a comprehensive analysis of future recoverability of assets and profitability of legacy contracts. As announced in January 10, 2022, this analysis lead...

CALGARY, Alberta, Feb. 09, 2022 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (NASDAQ: DRTT, TSX: DRT), an interior construction company that uses proprietary software to design, manufacture and install fully customizable environments, has joined the American Institute of Architects (AIA) as a Cornerstone Partner. Through collaboration and partnerships like these, spaces are being intentionally designed and purposefully constructed for the modern human experience. Focusing on personalization, flexibility, and adaptability, the design community is being called on to create and adapt space at an unprecedented rate. Designers, architects, and contractors must help rethink how space is built to make it a more inclusive experience. Commenting on the initiative, Luke Dawson, vice president, Brand &...

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MACAU, Feb. 09, 2022 (GLOBE NEWSWIRE) — Studio City Company Limited (“Studio City Company”) today announces that it priced its international offering of senior secured notes due 2027. Studio City Company is a wholly-owned subsidiary of Studio City International Holdings Limited (“SCIHL”). The offering consists of US$350 million aggregate principal amount of 7.00% senior secured notes due 2027 (the “Notes”) and the Notes were priced at 100%. Studio City Company intends to use the net proceeds from the offering to partially fund the capital expenditures of the remaining project for Studio City and for general corporate purposes. The Notes are proposed to be senior obligations of Studio City Company, ranking equally in right of payment with all existing and future senior indebtedness of Studio City Company (although any liabilities...

Profit 1,354 million in Q4 2021 Main resultsMargin from sale of goods and services was ISK 6,522 million compared to ISK 5,372 million in Q4 2020, increase of 21.4% YoY. EBITDA was ISK 2,809 million compared to ISK 1,746 million in Q4 2020, increase of 60.8% YoY. Gross margin from sales was 24.7% in Q4 2021 compared to 23.4% in Q4 2020. Profit from sales of assets amounted to ISK 276 million in Q4 2021. Profit in Q4 2021 was ISK 1,354 million in Q4 2021 compared to ISK 526 million Q4 2020. Equity was ISK 33,910 million and equity ratio 39.4% at year-end 2021 compared to 35.7% at year-end 2020. Net interest-bearing debt without lease liabilities ISK 23,309 million at year-end 2021 compared to ISK 29,986 million at year-end 2020, a decrease of ISK 6,677 million between years.Eggert Þór Kristófersson, CEO of Festi: “The operations of...