EnWave Reports 2022 Third Quarter Consolidated Interim Financial Results

Written by Customer Service on August 22, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 22, 2022 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today reported the Company’s consolidated interim financial results for the third quarter ended June 30, 2022. Royalty revenue YTD of $1.15 million, representing annual growth of 55% in the high-margin royalty portfolio. First 10kW GMP unit was commissioned for the dehydration of premium cannabis products in New Zealand, expanding the use of REV™ across the legalized global cannabis industry. REVworx™ facility obtained Safe Quality Food Certification (“SQF”) as part of the strategy to provide advanced toll processing capabilities to the food industry. Consolidated Financial Performance: ($ ‘000s) Three months ended June 30, Nine months ended June 30, 2022 2021 Change% 2022 2021 Change% Revenues 5,554 7,351 (24%) 18,732 19,570 (4%) Direct...

O2Gold Announces Board and Management Changes

Written by Customer Service on August 22, 2022. Posted in Public Companies.

TORONTO, Aug. 22, 2022 (GLOBE NEWSWIRE) — O2Gold Inc. (TSX-V: OTGO) (“O2Gold” or the “Company”) is pleased to announce that Fred Leigh has been appointed as the president and chief executive officer of the Company, effective immediately. Mr. Leigh has almost 40 years of experience working with early-stage companies and has had a significant role as founder, director and/or investor in many public companies. He is also the founder and President of VC7K Capital Inc., a privately held company which, for over 30 years has invested in early-stage opportunities in the resource sector. VC7K Capital Inc. was an early investor in successful companies such as, Wheaton River Minerals, Hathor Exploration, and Blue Pearl Mining. The appointment of Mr. Leigh follows Jaime Lalinde’s resignation as a director and the president and chief executive...

MINILUXE REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER AND FIRST HALF 2022. Reported figures in U.S. Dollars

Written by Customer Service on August 22, 2022. Posted in Public Companies.

Reports H1 YOY Revenue Growth of 46% Toronto, Ontario, Aug. 22, 2022 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended June 26, 2022 (“Q2 2022”) and the 26 weeks ended June 26, 2022 (“H1 2022”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. All of the fiscal years referred to in this release consist of 52-week periods and all quarters referred to in this release consist of 13-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars. MiniLuxe is pleased to report total revenue of $5.5M in Q2 2022, a record-setting Q2 for same store sales in company history, and a 31% increase over total revenue in the 13 weeks ended June 27,...

American Lithium Reports Voting Results at its Annual General and Special Meeting of Shareholders

Written by Customer Service on August 22, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 22, 2022 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to report the voting results for the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders (“AGM”) held today in Vancouver, British Columbia. All nominees, as set forth in the Company’s Management Information Circular dated July 15, 2022 (“Circular”), were elected as directors of American Lithium at the AGM. Detailed results of the votes are set out below: Nominee Votes For % For Votes Withheld % Withheld Andrew Bowering 19,317,356 97.78 430,053 2.22 Simon Clarke 19,216,861 97.27 538,548 2.73 Laurence Stefan 19,194,726 97.16 560,683 2.84 Ben Binninger 19,311,124 97.75 444,285 2.25 Alex...

Cord Blood Banking Leader Cryo-Cell Announces Special Cash Dividend

Written by Customer Service on August 22, 2022. Posted in Dividend Reports And Estimates.

OLDSMAR, Fla., Aug. 22, 2022 (GLOBE NEWSWIRE) — Cryo-Cell International, Inc. (The Nasdaq Stock Market Symbol: CCEL) (“Cryo-Cell”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced today that its Board of Directors declares a one-time, special cash dividend of $0.90 per share of common stock to be paid to its shareholders of record as of the close of business on September 2, 2022. Cryo-Cell’s Chairman of the Board and Co-CEO, David Portnoy, stated “Cryo-Cell’s Board of Directors is pleased to reward its many long-time shareholders with this cash distribution while remaining committed to advancing cellular therapies using cord blood and cord tissue into clinical applications to help treat patients.” About Cryo-Cell International, Inc. Founded in 1989, Cryo-Cell International, Inc. is...

Dada Announces Unaudited Second Quarter 2022 Financial Results

Written by Customer Service on August 22, 2022. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Aug. 22, 2022 (GLOBE NEWSWIRE) — Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand delivery and retail platform, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights Total net revenues in the second quarter were RMB2,281.1 million. Total Gross Merchandise Volume (“GMV”) of JDDJ for the twelve months ended June 30, 2022 was RMB54.6 billion, an increase of 68.9% year over year from RMB32.3 billion in the same period of 2021. Number of active consumers for the twelve months ended June 30, 2022 was 72.8 million, as compared with 51.3 million in the same period of 2021. “With trust from partners and strong digitalization capabilities, Dada is uniquely positioned in the changing consumption environment,”...

Verizon Business Takes 5G Innovation Sessions Series to Houston

Written by Customer Service on August 22, 2022. Posted in Public Companies.

Verizon and Nokia to demonstrate the latest 5G innovations at Corinthian Houston on August 24 BASKING RIDGE, N.J., Aug. 22, 2022 (GLOBE NEWSWIRE) — Verizon Business will demonstrate the transformative benefits of its business solutions at the next installment of its 5G Innovation Sessions series, occurring at the majestic Corinthian Houston on August 24. Executives from Verizon, Nokia, Coca-Cola Southwest Beverages, and Honeywell will demonstrate a range of forward-looking scenarios that leverage the power of 5G and Mobile Edge Compute, including real-time container tracking, collaboration robots, video scene analytics monitoring manufacturing assembly, real-time crowd analytics, and interactive cityscapes. The program includes dynamic demonstrations by Verizon and Nokia, speaker segments and panel discussions. “It’s one thing...

Atrion Corporation Increases Quarterly Cash Dividend by 10%

Written by Customer Service on August 22, 2022. Posted in Dividend Reports And Estimates.

ALLEN, Texas, Aug. 22, 2022 (GLOBE NEWSWIRE) — Atrion Corporation (Nasdaq ATRI) today announced an increase in its quarterly cash dividend from $1.95 per share to $2.15 per share. Specifically, the Board of Directors declared a quarterly cash dividend of $2.15 per share on its outstanding shares of Common Stock. This dividend will be payable on September 30, 2022 to stockholders of record at the close of business on September 15, 2022. Atrion Corporation develops and manufactures products primarily for medical applications. The Company’s website is www.atrioncorp.com. Contact: Jeffery StricklandVice President and Chief Financial Officer(972) 390-9800

CloudMD Reports Q2 2022 Financial Performance; New Leadership Enforces Strategic Priorities to Drive Further Cost Optimization and Profitability

Written by Customer Service on August 22, 2022. Posted in Earnings Releases And Operating Results.

Q2 2022 revenue of $40.3 million, an increase of 157% over the same period in 2021. Q2 2022 gross margin of 31.0%1 compared to 35.5% in Q2 2021. Q2 2022 Adjusted EBITDA2 loss of $3.2 million compared to a loss of $0.6 million in Q2 2021. Net loss of $44.2 million during Q2 2022 driven by $33.0 million non-cash impairment charge, compared to loss of $6.6 million in Q2 2021. Strategic priorities include driving organic growth, further cost optimization and financial stability and prudent cash management. Strong customer momentum in core Enterprise Health Solutions division with several large multi-year contract wins representing $4.2 million in ARR closed in the second quarter. New contracts represent over 350 new customers within the quarter, adding to the network of 7,200 loyal clients that trust CloudMD to provide services to employees...

BIMI Announces Second Quarter 2022 Financial Results

Written by Customer Service on August 22, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, Aug. 22, 2022 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”), a healthcare products and services provider, today announced its financial results for the six months ended June 30, 2022. Revenues for the six months ended June 30, 2022 and 2021 were $9,947,109 and $11,424,991, respectively. Compared with the same period in 2021, revenue decreased by $1,477,882, mainly due to the decrease in pharmaceutical sales of $3,615,357. Cost of revenues for the six months ended June 30, 2022 and 2021 were $7,263,179 and $8,867,894, respectively. The decrease primarily reflected the decrease in revenues of most of our principal operating subsidiaries. For the six months ended June 30, 2022 and 2021, the Company had a gross margin of 27% and 22.4%, respectively. For the six months ended June...

Day: August 22, 2022

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