Healthy Extracts Reports Record Second Quarter 2022, Net Revenue up 93% with Strong Subscription-Based Revenue Growth

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

LAS VEGAS, Aug. 15, 2022 (GLOBE NEWSWIRE) — Healthy Extracts Inc. (OTCQB: HYEX), a leading innovator of clinically proven plant-based products for heart and brain health, reported results for the second quarter ended June 30, 2022. All comparisons are to the same year-ago period unless otherwise noted. Q2 2022 Financial Highlights Net revenue totaled $470,000, up 93%—a Q2 record that keeps full year outlook on track for revenue to exceed $3 million. Gross profit totaled $274,000, up 31%. Gross margin was 58% as compared to 86% in the second quarter of 2021. The decrease in gross margin was due to a one-time write-down of certain inventory. Subscription customers at June 30, 20222 increased 51% versus June 30, 2021, driving 52% increase in subscription-based revenue for the second quarter of 2022. The growth in subscription revenue...

Riot Reports Second Quarter 2022 Financial Results, Current Operational and Financial Highlights

Written by Customer Service on August 15, 2022. Posted in Public Companies.

Riot Reports Q2 2022 Results, with $72.9 Million in Total Revenue, 1,395 BTC Produced, and Strengthened Financial Position CASTLE ROCK, Colo., Aug. 15, 2022 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot,” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, reported financial results for the three-month period ended June 30, 2022. The unaudited financial statements are available on Riot’s website and here. “We are extremely encouraged by Riot’s financial resilience and operational achievements this quarter,” said Jason Les, CEO of Riot. “We continued to make substantial progress in executing towards our ambitious growth plans, including completion of our first immersion-cooled building and the successful transition of all miners which were previously hosted by Coinmint to our...

Soluna Holdings, Inc. Reports Second Quarter Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

ALBANY, NY, Aug. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced the release of its second quarter results. Michael Toporek, CEO of Soluna Holdings, Inc., said, “Despite the decline in the BTC price, our second quarter results represent significant year-over-year growth as the team continues to execute on our long-term plan. Soluna’s business was constructed with a focus on ultra-low energy cost assets, and that focus has enabled growth even in challenging times. We remain committed to investing through the current market cycle.” Management’s presentation with the discussion of results including July flash financials...

Inter&Co, Inc Reports Second Quarter 2022 Financial Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

BELO HORIZONTE-MG, Brazil, Aug. 15, 2022 (GLOBE NEWSWIRE) — Inter&Co (NASDAQ: INTR | B3:INBR31), a leading Brazilian Super App offering financial and non-financial services, reported today financial results for its second quarter ended June 30, 2022. Financial results are expressed in Brazilian reais and are presented under IFRS (International Financial Reporting Standards). The full earnings release has been made available on the Company’s Investor Relations website at ri.bancointer.com.br/intereco. “Staying away from the comfort zone”. If there is a phrase that best describes our second quarter, this is certainly the one. We continue leading in innovation by successfully concluding the listing of our shares in Nasdaq and becoming the first ever Brazilian company to migrate local shares to a US stock exchange....

vTv Therapeutics Announces 2022 Second Quarter Financial Results and Provides Corporate Update

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Paul Sekhri appointed as President, Chief Executive Officer and Board member. Entered into agreements with CinRx Pharma and a subsidiary to purchase $10 million in stock and to leverage CinRx’s industry experience to collaborate in overseeing TTP399 clinical trials. Entered into agreements with G42 Investments to purchase $25 million in stock, collaborate on clinical trials and exclusively license rights to develop and commercialize TTP399 in certain geographic markets by a G42 affiliate. HIGH POINT, N.C., Aug. 15, 2022 (GLOBE NEWSWIRE) — vTv Therapeutics Inc. (Nasdaq: VTVT), a clinical stage biopharmaceutical company focused on the development of orally administered treatments for type 1 diabetes (T1D) today reported financial results for the second quarter ended June 30, 2022, and provided an update on recent corporate...

Skylight Health Group Reports Second Quarter 2022 Financial Results and Upsizes Financing

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Revenue Growth of 134% Year over Year, 108% Growth Compared to the Previous Quarter and Secures entry into Full-Risk Value Based Care in 2022 TORONTO, Aug. 15, 2022 (GLOBE NEWSWIRE) — Skylight Health Group Inc. (NASDAQ: SLHG; TSXV: SLHG) (“Skylight Health” or the “Company”), a multi-state primary care management group in the United States, today announced its financial results for the second quarter ended June 30, 2022. Doubles revenue to $16.1 million vs $7.7 million in the previous quarter and 134% Year over Year. Gross profit margin of 25%, down from the previous quarter of 44% primarily driven by the Capitated revenue from full-risk Value Based Care (“VBC”) contracts with the acquisition of NeighborMD (“NMD”). Capitated revenue has lower Gross Margins but much higher dollar contribution. Adjusted EBITDA loss improved by 19%...

VERB Publishes Management’s Prepared Remarks During Second Quarter 2022 Earnings Call

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Q2 2022 SaaS Recurring Revenue Up 23% Over Q2 2021 Q2 2022 Gross Margin Up 23% Over Q2 2021 R&D Operational Expenses Cut 57% from Q2 2021 Successful MARKET.live launch and SHOPFEST in July 2022 Second quarter 2022 SaaS recurring revenue up 23% over prior year comparable quarter Second quarter 2022 gross profit margin up 23% over prior year comparable quarter Second quarter 2022 Total Digital revenue up 19% over prior year comparable quarter SaaS recurring revenue now accounts for 91% of Total Digital revenue – up from 88% in Q2 2021 SaaS recurring revenue now accounts for 82% of total revenue – up from 67% in Q2 2021 Total Digital revenue accounts for 90% of total revenue – up from 76% in Q2 2021 R&D expense down 57% from prior year comparable quarter and 13% since Q1 2022 Modified EBITDA1 improvement by $2.2 million over Q2...

Delta 9 Reports Financials for Q2 2022

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

WINNIPEG, Manitoba, Aug. 15, 2022 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for the three-month and six-month period ending June 30, 2022. Financial Highlights for the three-month period ending June 30, 2022 Net revenue of $17.5 million for the second quarter of 2022, an increase of 4%, from $16.75 million for the same quarter last year. Sequential net revenue increased 40% versus $12.5 million for the three-month period ending March 31, 2022 Gross profit of $4.6 million for the second quarter of 2022, a decrease of 6%, from $4.9 million for the same quarter last year. Net Loss from operations of $(3.4) million for the second quarter of 2022 versus a loss from operations of $(0.8) million for the same quarter last year. Adjusted...

ZoomerMedia Limited Announces Stock Option Grant

Written by Customer Service on August 15, 2022. Posted in Public Companies.

TORONTO, Aug. 15, 2022 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 45+ “Zoomer” market in Canada, today announced a stock option grant to an officer and employee. ZoomerMedia’s compensation philosophy is to foster entrepreneurship at all levels of the organization through, among other things, the granting of stock options, a significant component of executive compensation. As such the Company announces it has granted 5,000,000 stock options to an executive as part of an employment package. The stock option grant is in accordance with TSX Policy 4.4, the rules of the TSX Venture Exchange and the Corporation’s Stock Option Plan. The options are exercisable at $0.05 per share, one-third vesting on August 14, 2023, one-third on August 14, 2024 and one third on...

Hallador Energy Company Reports Second Quarter 2022 Financial and Operating Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

TERRE HAUTE, Ind., Aug. 15, 2022 (GLOBE NEWSWIRE) — Hallador Energy Company (NASDAQ – HNRG) today reported a net loss of $3.4 million, ($.11) per share, adjusted EBITDA of $11.5 million for the quarter ended June 30, 2022. Brent Bilsland, President and Chief Executive Officer, stated, “In the second quarter, we improved our cost structure by ~$8/ton over Q1 and contracted for ~2.2 million tons of forward sales at over $125/ton, dramatically increasing our future sales prices. Additionally, we were successful in raising $10 million to add to our liquidity (with an additional $19 million following in Q3). All of these events, lowering our cost structure, increasing our sales prices, and adding to our liquidity greatly improve our current and future financial position. Also, during the quarter, we made significant progress toward...

Day: August 15, 2022

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