Month: June 2022

BOSTON, June 08, 2022 (GLOBE NEWSWIRE) — SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”) a leading provider of video delivery, advertising, streaming platforms, and emerging FAST (Free Ad-Supported Streaming TV services) development, today reported financial and operational results for the fiscal first quarter ended April 30, 2022. Fiscal First Quarter 2023 and Recent HighlightsRenewed long-term support and services agreements with two major Operator TV customers in North America Commenced onboarding of two additional StreamVid customers in Latin America and EMEA, generating traffic and revenue on SeaChange’s Software-as-a-Service (SaaS) cloud platform Advanced our “Development Plus” project with VIDAA to jointly develop VIDAA’s FAST Channel platform and streaming services for Hisense Introduced feature...

First quarter sales increased 33%, exceeding high end of revenue guidance range First quarter operating margin expanded 840 basis points to 21.5% on a GAAP basis and 700 basis points to 21.8% on an adjusted basis over fiscal 2021 Record first quarter GAAP EPS of $3.45 and adjusted EPS of $3.50 exceeded high end of guidance range Raises full-year EPS guidance to $9.55 – $9.95 on a GAAP basis and $9.60 – $10.00 on an adjusted basisATLANTA, June 08, 2022 (GLOBE NEWSWIRE) — Oxford Industries, Inc. (NYSE:OXM) today announced financial results for its fiscal 2022 first quarter ended April 30, 2022. Consolidated net sales in the first quarter of fiscal 2022 increased 33% to $353 million compared to $266 million in the first quarter of fiscal 2021. Earnings per share (EPS) on a GAAP basis increased to $3.45 compared to $1.70...

OXNARD, Calif., June 08, 2022 (GLOBE NEWSWIRE) — Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh avocados, today reported its financial results for the fiscal second quarter ended April 30, 2022. Fiscal Second Quarter 2022 Highlights:Total revenue of $278.1 million, an 18% increase compared to the same period last year, impacted by average selling price increases of 44%, partially offset by a 19% decrease in avocado volume sold, compared to the same period last year Net income of $2.4 million, or $0.03 per diluted share, compared to $7.4 million, or $0.10 per diluted share, for the same period last year Adjusted net income of $2.6 million, or $0.04 per diluted share, compared to $8.7 million, or $0.12 per diluted share, for the same period last year Adjusted...

Initiated Phase 2b Clinical Trial of HIL-214 Vaccine Candidate for the Prevention of Norovirus-Related Acute Gastroenteritis in Infants (NOR-212) Completed Upsized Initial Public Offering Raising $230 Million in Gross Proceeds BOSTON, June 08, 2022 (GLOBE NEWSWIRE) — HilleVax, Inc. (Nasdaq: HLVX), a clinical-stage biopharmaceutical company focused on developing and commercializing novel vaccines, today reported financial results for the quarter ended March 31, 2022, highlighted recent program progress, and outlined key upcoming milestones for HIL-214, the company’s virus-like particle (VLP) based vaccine candidate for the prevention of moderate-to-severe norovirus-related acute gastroenteritis. “HilleVax achieved significant milestones this year, including the initiation of NOR-212, a Phase 2b clinical trial of HIL-214 in infants,...

PHILADELPHIA, PA, June 08, 2022 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the first quarter ended April 30, 2022. For the first quarter ended April 30, 2022:Net sales increased by 7.0% to $639.6 million from $597.8 million in the first quarter of fiscal 2021; comparable sales decreased by 3.6% versus the first quarter of fiscal 2021. The Company opened 35 new stores and ended the quarter with 1,225 stores in 40 states. This represents an increase in stores of 12.7% from the end of the first quarter of fiscal 2021. Operating income was $42.3 million compared to $63.7 million in the first quarter of fiscal 2021. The effective tax rate was 22.3% compared to 20.9% in the first quarter of fiscal 2021. Net income was $32.7 million compared to $49.6 million in the first quarter of fiscal...