Day: August 18, 2022

Manchester, NH, Aug. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Minim, Inc. (Nasdaq: MINM), the creator of innovative internet access products under the globally-recognized Motorola® brand, today reported second quarter financial results for the period ended June 30, 2022. Q2 2022 Financial Updates: ● Net revenue of $12.9 million, down 3.0% sequentially compared to $13.3 million in Q1 2022. ● Total deferred revenue as of June 30, 2022 increased by 32% compared to Q1 2022. ● Gross margin of 19.7% (30.2% before inventory costing errors) compared to 31.5% in Q1 2022. ● Net loss of $4.4 million ($3.1M net loss before inventory costing errors) compared to a net loss of $2.5 million in Q1 2022. ● Inventory costing errors were identified in Q2 2022 that reduce the net loss reported in the Annual Report on Form 10-K for the year ended...

(Expressed in United States dollars except where otherwise indicated) TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) — (TSXV: GMN) GobiMin Inc. (“GobiMin” or the “Company”, together with its subsidiaries collectively the “Group”) reports its financial and operating results for the second quarter of 2022. The unaudited condensed interim consolidated financial statements along with quarterly highlights of management’s discussion and analysis have been filed with SEDAR (www.sedar.com) and are also available at the website of the Company (www.gobimin.com). Financial Highlights  Three months ended June 30, Year ended  2022 2021 December 31, 2021  $’000 $’000 $’000Continuing operations      Revenue 202 220 937Loss on disposal of financial assets (120) (22) (250)Fair value loss on financial assets (262) (26) (168)Net...

Reached a milestone of USD $20 million of base ARR at June 30, 2022 OTTAWA, Aug. 18, 2022 (GLOBE NEWSWIRE) — ProntoForms Corporation (TSXV: PFM), the global leader in no-code app development platforms for field teams, announced today its second quarter (Q2) financial results for the period ended June 30, 2022. All amounts are in US dollars unless otherwise stated. “We started 2022 with a disappointing Q1. In the second half of 2021, we added new leadership followed by large changes to the sales organization. Q2 2022 showed improvement but didn’t reflect the volume that we expected. We finished Q2 with 9% annual growth in recurring revenue and 2% over Q1,” said Alvaro Pombo, Founder and Chief Executive Officer. “After the lag in bookings in the first half, we are seeing value building up. We had an important enterprise expansion...

Strong Pipeline Progress and Commercialization Priorities for Newly Authorized Products LONDON, Aug. 18, 2022 (GLOBE NEWSWIRE) — LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care (POC) diagnostics company, today announced operational and financial results for the second quarter ended June 30, 2022.Q2 2022 revenue of $44.7 million compared to Q1 2022 revenue of $126.4 million and Q2 2021 revenue of $87.2 million as COVID-19 moves from pandemic to endemic stage Five new CE Marks including HbA1c, NT-ProBNP, SARS-CoV-2 Ag Ultra and Ultra Pool tests with results in five minutes, as well as SARS-CoV-2 & RSV combo; expanded use of CRP to pediatric populations and a new exclusion claim for D-Dimer Actively working on U.S. 510K submission for the SARS-CoV-2 Ag Ultra 5-minute test, with clinical trials planned for broader...

MIAMI, Aug. 18, 2022 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), is reporting financial results for the three months ended June 30, 2022. Unless otherwise noted, all results are presented in U.S. dollars. Jonathan Sandelman, Founder and CEO of Ayr, said, “Over the past few months, we have achieved many of the key transformational milestones to operationalize Ayr’s core footprint, and we are now moving to optimize this footprint for substantial growth. We’re doing this in the face of macro headwinds from the broader economy, but it’s never been clearer that cannabis is a consumer staple that is here to stay.” “Q2 2022 results were in line with our expectations, and we now look ahead to the second half of 2022....

MACAU, Aug. 18, 2022 (GLOBE NEWSWIRE) — Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the second quarter of 2022. Total operating revenues for the second quarter of 2022 were negative US$1.9 million, compared to total operating revenues of US$31.2 million in the second quarter of 2021. The change was primarily attributable to heightened border restrictions in Macau and mainland China related to COVID-19 which led to a decrease in revenue from casino contract and lower non-gaming revenues. Studio City Casino generated gross gaming revenues of US$34.6 million and US$106.1 million for the second quarters of 2022 and 2021, respectively. Studio City Casino’s rolling chip volume was US$104.1...

MACAU, Aug. 18, 2022 (GLOBE NEWSWIRE) — Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the second quarter of 2022. Total operating revenues for the second quarter of 2022 were US$296.1 million, representing a decrease of approximately 48% from US$566.4 million for the comparable period in 2021. The decrease in total operating revenues was primarily attributable to heightened border restrictions in Macau and mainland China related to COVID-19, which led to softer performance in the rolling chip and mass market table games segments. Operating loss for the second quarter of 2022 was US$209.2 million, compared with operating loss of US$128.1 million in the second...

M3+ Delinquency Rate by Vintage M3+ Delinquency Rate by Vintage— Second Quarter Total Loan Origination Volume Grew 138.4% to RMB13.5 Billion —— Second Quarter Net Income Grew 100.2% to RMB253.8 Million — SHANGHAI, China, Aug. 18, 2022 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Operational and Financial Highlights:Loan origination volume1 was RMB13.5 billion (US$2.0 billion), representing an increase of 138.4% from the same period of 2021.Average borrowing amount per borrowing was RMB8,939 (US$1,335), representing an increase of 49.4% from the same period of 2021.Repeat borrowing rate2 was 67.8%, compared with repeat...