Day: May 17, 2022
BEIJING, May 17, 2022 (GLOBE NEWSWIRE) — ZW Data Action Technologies Inc. (Nasdaq: CNET) (the “Company”), 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 months ended March 31, 2022.
Financial HighlightsGross profit of $0.13 million for the first quarter of 2022, compared to a gross loss of $0.72 million for the same period last year;Gross profit margin improved to 1.8% for the first quarter of 2022, compared to -8.5% for the same period last year;Working capital of $10.92 million as of March 31, 2022, compared to $11.10 million as of December 31, 2021.First Quarter 2022 Financial Results
Revenues
For the first quarter of 2022, revenues decreased by $0.74 million,...
Natural Gas Services Group, Inc. Announces Management Transition
Written by Customer Service on . Posted in Public Companies.
Midland, TX, May 17, 2022 (GLOBE NEWSWIRE) —Stephen C. Taylor, after over 17 years of service to the Company, announces his retirement as President and Chief Executive Officer. He will remain Chairman as well as an advisor to the Company with a focus on long-term customer relationships.
John W. Chisholm, currently lead independent director, will serve as interim President and Chief Executive Officer, ensuring strong leadership continuity.Midland, TX, May 17, 2022 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE:NGS) (the “Company” or “NGS”), a leading provider of gas compression equipment and services to the natural gas and oil industry, announced today that Stephen C. Taylor, Chairman, President and Chief Executive Officer, will retire as President and Chief Executive Officer. He...
Wabash Announces New Parts Distribution Network
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LAFAYETTE, Ind., May 17, 2022 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, today announced the creation of a new tech-enabled Wabash Parts distribution network. This will unify and expand Wabash’s parts distribution capabilities across all product lines, and provides immediate scale to grow.
“As an end-to-end solutions and service provider, we’re able to offer customers the convenience of working with a one-stop-shop through the entire product lifecycle,” said Nick Adler, vice president of Wabash Parts and Services. “We’re excited to bring our customers best-in-class parts and services including a simplified experience, an extensive selection of well-stocked parts, and faster deliveries — all through Wabash.”
This single channel...
Kraig Biocraft Laboratories Enters Biomedical Field with First Sample Shipments of Fibers and Fabrics for Tissue Engineering
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ANN ARBOR, Mich., May 17, 2022 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, announces the first sample shipment of its recombinant spider silk fibers and fabrics for use and evaluation into a range of biomedical applications. This shipment was made in response to the significant increase in the requests for its propriety spider silk technology, over the last two quarters, for tissue engineering applications.
Aided by its unique blend of mechanical and chemical properties, spider silk has long been recognized as an ideal natural biomaterial. As a lightweight, biocompatible, and biodegradable material, spider silk applications have been tested in numerous morphologies,...
InteliSwab® COVID-19 Rapid Test Validated to Detect the Omicron BA.2, BA.2.12.1, BA.3 and BA.5 Subvariants
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InteliSwab test
With less than one minute of “hands-on time,” the InteliSwab test is as simple as “Swab, Swirl, and See.”BETHLEHEM, Pa., May 17, 2022 (GLOBE NEWSWIRE) — OraSure Technologies, Inc. (NASDAQ: OSUR), a global leader in point-of-care and home diagnostic testing and sample collection technologies, announced today that its InteliSwab® COVID-19 rapid tests detect the Omicron BA.2, BA.2.12.1, BA.3 and BA.5 subvariants with similar levels of detection to the original SARS-CoV-2 strain and other previous variants of concern, including Delta, Alpha, Beta, Gamma and Omicron BA.1. The Omicron sublineage studies were conducted using live SARS-CoV-2 virus at an independent, third-party laboratory and showed InteliSwab® detected the Omicron variants at similar viral load levels, or limit of detection, as previous variants that...
Aton drills high grade mineralisation on the previously untested North Ridge at Rodruin, returning 8.74 g/t gold and 29.4 g/t silver over 12 metres
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Figure 1
Geology plan of the Abu Marawat Concession showing the location of the Rodruin projectFigure 2
Geological plan of the North Ridge, showing the location of holes ROD-072 and ROD-073Figure 3
Drilling hole ROD-072 in steep terrain on the North Ridge at RodruinVANCOUVER, British Columbia, May 17, 2022 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Company”) is pleased to update investors on the latest assay results from the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project. Rodruin is located in the Company’s 100% owned Abu Marawat Concession (“Abu Marawat” or the “Concession”), in the Eastern Desert of Egypt.
Highlights: Diamond drilling is ongoing at Rodruin, with 38 drill holes now having been completed to date, ROD-048 and ROD-051 to ROD-087,...
Kamada Reports First Quarter 2022 Financial Results; Reiterates Revenue and Profitability Guidance with Significant Growth Expected in 2022
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
First Quarter 2022 Revenues were $28.1 Million, Up 13% Year Over Year.
Kamada Reiterates Fiscal Year 2022 Revenue Guidance of $125 – $135 Million, Representing a 20% to 30% Increase over 2021 and EBITDA Margins Anticipated Between 12%-15%, More Than 2.5X over 2021 EBITDA.
Revenues and Profitability Margins of Recently Acquired Portfolio of Four FDA-Approved Commercial Products Within Management Expectations; Expanding Sales in Additional New Countries, Mainly in the Middle East Region.
GLASSIA® Royalty Income from Takeda Initiated in March 2022, Totaled $1.4 Million, Within Expected Monthly Rate.
Generated $5.5 Million of Operating Cash-Flows During the First Quarter; $22.0 Million of Available Cash at Quarter End.
Pivotal Phase 3 InnovAATe Trial for Inhaled AAT for the Treatment of Alpha-1 Antitrypsin Deficiency Progressing with...
Amryt Announces Details of EMA Contingent Value Rights Payment
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Amryt Announces Details of EMA Contingent Value Rights Payment
DUBLIN, Ireland, and Boston MA, May 17, 2022 Amryt (Nasdaq: AMYT), a global, commercial-stage biopharmaceutical company dedicated to acquiring, developing and commercializing novel treatments for rare diseases, announces that, following the CHMP positive opinion for Filsuvez® on April 22, 2022, the European Medicines Agency (EMA) Contingent Value Rights (“CVRs”) issued to those Amryt shareholders and option holders who held Amryt shares or options prior to the acquisition of Aegerion Pharmaceuticals, Inc. (“CVR Holders”) will now become payable.
The total amount payable to CVR Holders will be approximately USD$5.7million. Each CVR Holder will be issued with one loan note of USD$0.0995 for each CVR they hold (each a “Loan Note”). The certificates for the Loan Notes will be held...
zSpace, Inc., a Leading Augmented and Virtual Reality Educational Technology Platform for K-12 and Workforce Development, to Become Publicly Traded Through a Combination with EdtechX Holdings Acquisition Corp. II
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EdtechX Holdings 1
EdtechX co-founders, Benjamin Vedrenne-Cloquet (CEO) and Charles Mc Intyre (Chairman) – Keynote EdtechX Europe#eduversezSpace + EdtechX Holdings Acquisition Corp II
#eduverse#SPACSforGOOD– zSpace Facilitates Immersive, Innovative Learning Experiences for Over One Million Students Annually
– Currently Serves the Top Ten Largest U.S. School Districts; Positioned for Further International Expansion
– Business Combination Implies a Pro Forma Enterprise Value of $195 Million, with up to $117 Million in Cash from the EdtechX II Trust Account to Fund Growth
– $25 Million in Anchor Private Placement Financing, Led by Key Existing Securityholders of zSpace (bSpace Investments Limited and Kuwait Investment Authority)
– zSpace Management, Employees, and Current Stockholders...
Digihost Announces First Quarter Results With a 77% Increase in Coins Mined During Q1 2022 Compared to Q1 2021
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022.
TORONTO, May 17, 2022 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based Bitcoin (“BTC”) mining company, announces unaudited financial results for the first quarter ended March 31, 2022 (all amounts in U.S. dollars, unless otherwise indicated).
“The Company is pleased to present its first quarter financial results, highlighted by a 77% increase in Bitcoins mined on a year over year basis,” said Michel Amar, Chairman and CEO of Digihost. “The Company’s previous investments in infrastructure along with securing access to clean and renewable energy sources led...