Day: May 26, 2022

Kane Biotech Announces First Quarter 2022 Financial Results

Written by Customer Service on May 26, 2022. Posted in Earnings Releases And Operating Results.

WINNIPEG, Manitoba, May 26, 2022 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (the “Company” or “Kane Biotech”), a biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms, today announced its first quarter 2022 financial results. First Quarter Financial Highlights:Total revenue in the three months ended March 31, 2022, was $565,433, an increase of 50% compared to $376,039 in the three months ended March 31, 2021.In the three months ended March 31, 2022, royalty revenue increased by 27% to $47,477 compared to $37,495 in the three months ended March 31, 2021.Revenue from product and services sales for the three months ended March 31, 2022 was $482,084, an increase of 56% from $309,276 in the three months ended...

23andMe Reports FY2022 Fourth Quarter and Full Year Financial Results

Written by Customer Service on May 26, 2022. Posted in Earnings Releases And Operating Results.

Achieved FY2022 financial guidanceFourth quarter and full year revenues of $101 million and $272 million representing 14% and 11% increases over prior year, respectivelyNew genomic health services expected in FY2023Webcast today, May 26, 2022, at 4:30 p.m. Eastern Time SOUTH SAN FRANCISCO, Calif., May 26, 2022 (GLOBE NEWSWIRE) — 23andMe Holding Co. (Nasdaq: ME) (“23andMe”), a leading consumer genetics and research company with a mission to help people access, understand, and benefit from the human genome, today reported its financial results for the fourth quarter (“Q4”) and full year of fiscal year 2022 (“FY2022”), which ended March 31, 2022. 23andMe is the only company with multiple FDA authorizations for over-the-counter genetic health risk reports, and in particular the only company that is FDA authorized to provide, without...

Cavco Industries Reports Fiscal 2022 Fourth Quarter and Year End Results and Announces New $100 Million Stock Repurchase Program

Written by Customer Service on May 26, 2022. Posted in Earnings Releases And Operating Results.

PHOENIX, May 26, 2022 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended April 2, 2022 and provided updates on other business items. The current fiscal year includes 52 weeks while fiscal year 2021 contained 53 weeks, with the extra week falling in the fourth quarter. On September 24, 2021, we completed the acquisition of certain assets and liabilities of The Commodore Corporation (“Commodore”), which operates six manufacturing plants and two retail locations. Since the acquisition date, the results of Commodore are included in Cavco’s consolidated financial statements. Quarterly HighlightsRecord breaking Net revenue and Net income of $505 million and $54 million, respectively. Gross profit as a percentage of Net revenue increased...

Sumo Logic Announces First Quarter Fiscal 2023 Financial Results

Written by Customer Service on May 26, 2022. Posted in Earnings Releases And Operating Results.

First quarter revenue grew 25% year-over-year to $67.9 millionFirst quarter ARR grew 27% year-over-year to $273.3 million REDWOOD CITY, Calif., May 26, 2022 (GLOBE NEWSWIRE) — Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced financial results for the first quarter of its fiscal 2023 ended April 30, 2022. “We started our fiscal year strong as we delivered 25% revenue growth in the first quarter. Escalating security threats are driving a healthy demand environment, and we remain well positioned with a unified platform that delivers both observability and security,” said Ramin Sayar, President and CEO of Sumo Logic. “The go-to-market changes we are making are underway, and customers are continuing to recognize the value of our differentiated SaaS...

CubicFarm Systems Corp. Announces Overnight Marketed Offering

Written by Customer Service on May 26, 2022. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES VANCOUVER, British Columbia, May 26, 2022 (GLOBE NEWSWIRE) — CubicFarm® Systems Corp. (“CubicFarms” or the “Company”) (TSX:CUB), a leading local chain agricultural technology company, today announced it has commenced an overnight marketed public offering (the “Offering”) of unsecured convertible debenture units (the “Debenture Units”) and common shares (the “Common Shares”) of the Company. The Offering will be conducted on a best efforts agency basis pursuant to the terms and conditions of an agency agreement to be entered into between the Company, Raymond James Ltd. and Canaccord Genuity Corp. as joint bookrunners on behalf of a syndicate of agents (collectively, the “Agents”). The defining pricing, terms and size of the Offering will be determined in...

Glatfelter to Participate in the Deutsche Bank Global Materials Conference

Written by Customer Service on May 26, 2022. Posted in Public Companies.

CHARLOTTE, N.C., May 26, 2022 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT) today announced that it will be participating in the Deutsche Bank 13th Annual Global Materials Conference being held on June 8, 2022 in New York City. Dante C. Parrini, Chairman and Chief Executive Officer, along with Ramesh Shettigar, Senior Vice President, Chief Financial Officer and Treasurer, will be presenting at the conference while also conducting one-on-one meetings with investors. The Company’s formal presentation will begin at 12:00 pm ET on June 8th. The webcast link along with a copy of the Company’s presentation will be available on Glatfelter’s website the morning of the conference, located at Webcasts and Presentations – Glatfelter Engineered Materials . About Glatfelter Glatfelter is a leading global supplier of engineered...

Westland Insurance announces two acquisitions in Ontario, extending reach in commercial and personal insurance lines across Canada

Written by Customer Service on May 26, 2022. Posted in Mergers And Acquisitions.

Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen first nations), May 26, 2022 (GLOBE NEWSWIRE) — Westland Insurance Group announced today that it has acquired MCR Insurance in Aurora, Ontario and Walter Roberts Insurance in Richmond Hill, Ontario. MCR Insurance and Walter Roberts Insurance are both located in Ontario, an area of strategic importance for Westland. “MCR brings a depth of capabilities in high value home, cottage, auto and commercial lines, with a focus on the growing communities north of the Greater Toronto Area and Muskoka,” says Jamie Lyons, President & COO of Westland. “Walter Roberts specializes in E&O, standard, niche, and high value products across personal and commercial lines. Each of these acquisitions adds significant depth and strength to our rapidly expanding...

High Grade Copper Intersected in “Deep Zone” at Globex’s NewMetal Royalty Property

Written by Customer Service on May 26, 2022. Posted in Public Companies.

ROUYN-NORANDA, Quebec, May 26, 2022 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to provide a brief update on the latest drill result announced by Starr Peak Mining Ltd. (TSXV:STE, OTCQX:STRPF) today on Globex’s NewMétal property, Normetmar Zone, at Normetal, Quebec. On May 19, 2022 Starr Peak announced assays from hole STE-22-092-W2 which intersected 5.03% zinc equivalent over 12.5 metres. In addition, they indicated that a wedge hole, STE-21-92-W3, above this hole intersected mineralization including an estimate of 15% chalcopyrite over 3.7 metres. Today Starr Peak announced the assays from...

HPQ Silicon PUREVAP™ Quartz Reduction Reactor Pilot Plant Ready to Start

Written by Customer Service on May 26, 2022. Posted in Public Companies.

PUREVAP™ QRR Commissioning Completed MONTREAL, May 26, 2022 (GLOBE NEWSWIRE) — HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), an innovative silicon solutions and technology development company, would like to report to shareholders that technology provider, PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), has informed HPQ that the commissioning phase of the program has been completed and that the PUREVAPTMQuartz Reduction Reactor (QRR) pilot plant is now functional. HPQ PUREVAPTM QRR PROJECT STARTING ITS MOST EXCITING PHASEWith the GEN3 PUREVAPTM QRR pilot plant functional the project is entering its final Research and Development phase; operating the pilot plant to test the system under operational conditions and producing high purity Silicon material sought after by battery...

Proactive news headlines including Minto Metals, American Manganese, Adyton Resources, Hapbee Technologies, Ortho Regenerative Technologies and Vox Royalty

Written by Customer Service on May 26, 2022. Posted in Mergers And Acquisitions.

New York , May 26, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Sigma Lithium announces integrated Phase 1 & 2 technical report with post-tax net present value of $5.1B and continued advancement of Phase 3 click here Clean Seed Capital receives orders for its SMART Seeder MAX from Saskatchewan’s Canada West Harvest Centre click here Revive Therapeutics receives positive feedback from FDA about potential new endpoints for its Bucillamine clinical trial to treat COVID-19 click here Adyton Resources welcomes initial metallurgical testing on Gameta ore, which shows high recoveries and potentially low processing costs click here Aurelius Minerals delivers robust maiden mineral resource estimate at Aureus...

Day: May 26, 2022

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