Month: March 2022

Astra Announces Fourth Quarter and Full Year 2021 Financial Results

Written by Customer Service on March 31, 2022. Posted in Earnings Releases And Operating Results.

ALAMEDA, Calif., March 31, 2022 (GLOBE NEWSWIRE) — Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its fourth quarter and twelve months ended December 31, 2021. “Our goal is to dramatically increase access to space for constellation customers. To do this, we’re focused on continuously improving and scaling our launch services,” said CEO, Chairman and Co-Founder Chris Kemp. “Since our last quarterly results call, Astra conducted a total of three launches, successfully delivered 22 satellites, and accomplished our first paid commercial orbital launch with our test flight for the United States Space Force,” Kemp continued. “These launches represent significant milestones for the company in our mission to improve life on Earth from space.” “Our customers continue to value Astra’s launch services as...

Chicken Soup for the Soul Entertainment Reports Q4 and Full Year 2021 Results

Written by Customer Service on March 31, 2022. Posted in Earnings Releases And Operating Results.

Growing slate of new library content and expanded distribution drives record performance COS COB, Conn., March 31, 2022 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) (the “Company”), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced its financial results for the fourth quarter and full year ended December 31, 2021. “We delivered another record quarter to cap off an incredibly successful year in which we put the key pieces in place to scale our AVOD platform,” said William J. Rouhana Jr., chairman and chief executive officer of Chicken Soup for the Soul Entertainment. “Over the past year we have more than doubled our content library, greatly expanded our AVOD and FAST distribution, and launched our new Chicken Soup for the Soul streaming...

Aehr Reports Record Revenue in Third Quarter on Wafer Test and Burn-in Sales Driven by the Demand for Electric Vehicles

Written by Customer Service on March 31, 2022. Posted in Earnings Releases And Operating Results.

FREMONT, Calif., March 31, 2022 (GLOBE NEWSWIRE) — Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and reliability qualification equipment, today announced financial results for its third quarter of fiscal 2022 ended February 28, 2022. Fiscal Third Quarter Financial Results:Net sales were $15.3 million, up 190% from $5.3 million in the third quarter of fiscal 2021. GAAP net income was $2.2 million, or $0.08 per diluted share compared to a GAAP net loss of $735,000, or $0.03 per diluted share, in the third quarter of fiscal 2021. Non-GAAP net income was $4.1 million, or $0.14 per diluted share, which excludes the impact of $880,000 stock-based compensation and a $1.0 million adjustment for excess and obsolete inventory related to legacy products. This compares to a non-GAAP net loss of $360,000, or...

ZimVie Reports 2021 Financial Results, Reaffirms 2022 Financial Guidance, and Provides Supplemental Financial Information

Written by Customer Service on March 31, 2022. Posted in Earnings Releases And Operating Results.

2021 third party revenue of $1.009 billion, inclusive of $469 million in dental revenue and $540 million in spine revenue Completed spine brand rationalization in the second half of 2021, resulting in a charge of $40 million Successfully spun-off into an independent, publicly traded company effective March 1, 2022 Reaffirming 2022 financial guidanceWESTMINSTER, Colo., March 31, 2022 (GLOBE NEWSWIRE) — ZimVie Inc. (Nasdaq: ZIMV), a global life sciences leader in the dental and spine markets, today reported financial results for the three months and full year ended December 31, 2021. “We are intently focused on strengthening our foundation in the $20 billion global dental and spine markets as we progress from our recent spin-off,” said Vafa Jamali, President and Chief Executive Officer of ZimVie. “We have a broad portfolio of...

AppTech Payments Corp. Reports Fourth Quarter and Fiscal Year 2021 Results

Written by Customer Service on March 31, 2022. Posted in Earnings Releases And Operating Results.

CARLSBAD, Calif., March 31, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX) a Fintech company powering commerce experiences, today announced results for its Fourth Quarter and Fiscal Year ended December 31, 2021. The financial statements and 10-K are available on sec.gov. Fourth Quarter and Fiscal Year 2021 Financial Highlights4Q21 revenues were $95,136, a 3.0% increase versus 3Q21, driven by larger processing volumes. Fiscal year 2021 revenues were $353,824, a 7% increase versus Fiscal Year 2020, driven primarily by the addition of new accounts. Cash balance as of December 31, 2021 was $8,026, however, the public offering was executed on January 7, 2022 netted the Company $13.4 million.Recent Business HighlightsSuccessfully uplisted onto NASDAQ on January 7, 2022. Onboarded a seasoned development...

Professional Diversity Network, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2021

Written by Customer Service on March 31, 2022. Posted in Earnings Releases And Operating Results.

CHICAGO, March 31, 2022 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended December 31, 2021. “2021 was a transformative year for Professional Diversity Network, Inc. We enhanced the quality of our business lines with the addition of RemoteMore USA,” said Adam He, CEO of Professional Diversity Network, Inc. “Our PDN Network remains a leader in diversity recruitment and inclusion initiatives, showing positive earnings (before interest, taxes, depreciation, and amortization) in consecutive quarters for the first time in the last five years. The change...

TEN, Ltd. Announces Date of Fourth Quarter and Year End 2021 Financial Results, Conference Call and Webcast

Written by Customer Service on March 31, 2022. Posted in Public Companies.

ATHENS, Greece, March 31, 2022 (GLOBE NEWSWIRE) — TEN, Ltd. (“TEN” or the “Company”) (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the fourth quarter and year ended on December 31, 2021, prior to the open of the market in New York on Thursday, April 14, 2022. That same morning, at 10:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as management’s outlook for the business. The call, which will be hosted by TEN’s senior management, may contain information beyond that which is included in the earnings press release. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 877 553 9962 (US Toll Free Dial In), 0808 2380 669 (UK Toll...

Aadi Bioscience Announces First Patient Dosed in its PRECISION 1 Phase 2 Registrational Trial of nab-Sirolimus in Patients with Solid Tumors Harboring Pathogenic Inactivating Alterations in TSC1 and TSC2 Genes

Written by Customer Service on March 31, 2022. Posted in Public Companies.

FDA grants Fast Track designation for nab-sirolimus for the treatment of adult and adolescent patients with Tuberous Sclerosis Complex 1 and 2 (“TSC1” and “TSC2”) alterations LOS ANGELES, March 31, 2022 (GLOBE NEWSWIRE) — Aadi Bioscience, Inc. (Nasdaq: AADI), a biopharmaceutical company focusing on precision therapies for genetically-defined cancers with alterations in mTOR pathway genes, today announced the commencement of dosing in PRECISION 1, a Phase 2 registrational trial of nab-sirolimus in patients 12 years and older with solid tumors with pathogenic inactivating alterations in TSC1 and TSC2 genes. The FDA granted Aadi Fast Track designation to evaluate nab-sirolimus for this patient population. Fast Track designation is an FDA process designed to facilitate the development, and expedite the review of, medicines to treat...

Skel fjárfestingafélag hf.: Purchase agreement signed with Fasteignastýring ehf., a subsidiary of Kaldalón, on the sale of 13 properties

Written by Customer Service on March 31, 2022. Posted in Public Companies.

Reference is made to a notice from Skel fjárfestingafélag (“Skel”) dated last 22 December, where it was announced that Skel and Kaldalón hf. (“Kaldalón”) had entered into a heads of terms of a purchase agreement regarding the purchase by Kaldalón of 13 specified properties owned by Skel. Skel and Fasteignastýring ehf., a wholly owned subsidiary of Kaldalón, have now, following approval by Skel’s annual general meeting of the sale of the properties, signed a purchase agreement on the properties in question. Orkan IS ehf. and Löður ehf., both wholly owned subsidiaries of Skel, will lease back the properties. The purchase price is unchanged from the price specified in the earlier notice and will be paid on the one hand with a cash payment of 3,593,400,000 ISK and on the other hand 1,287,956,989 new shares in Kaldalón. The agreement is subject...

Sun Country, Inc. Completes Private Offering of $188,277,000 Enhanced Equipment Trust Certificates

Written by Customer Service on March 31, 2022. Posted in Public Companies.

MINNEAPOLIS, March 31, 2022 (GLOBE NEWSWIRE) — Sun Country, Inc. (“Sun Country”), a wholly owned subsidiary of Sun Country Airlines Holdings, Inc. (NASDAQ: SNCY), today announced the completion of an offering of Enhanced Equipment Trust Certificates (the “Certificates”) which will be used to obtain financing secured by 13 Boeing 737-800 aircraft. Five of the 13 aircraft are currently owned and are being refinanced, two of the aircraft are currently owned outright, four of the aircraft are expected to be acquired on or about the initial funding date, and the remaining two aircraft are under lease and are to be purchased from the lessors under purchase options in the respective lease contracts. Sun Country received gross proceeds of $172,507,000 in respect of 12 of the aircraft on March 31, 2022, and expects to receive an additional...

Month: March 2022

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