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Day: September 1, 2022

Twin Disc, Inc. Announces Fiscal 2022 Fourth Quarter Financial Results

Fourth quarter sales up 14.8% year-over-year Gross margin increased 410 basis points year-over-year to 31.8% Net income of $7.8 million, or $0.58 per diluted share Twin Disc collaborates with Hinckley Yachts to launch hybrid marine power control system Six-month backlog of $101.2 million at June 30, 2022, up 44.0% from June 30, 2021, as global order rates and end-market demand continue to improveRACINE, Wis., Sept. 01, 2022 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2022 fourth quarter ended June 30, 2022. Sales for the fiscal 2022 fourth quarter were $76.0 million, compared to $66.2 million for the same period last year. The 14.8% year-over-year increase in 2022 fourth quarter sales was primarily due to improving demand within the Company’s global oil and gas, industrial...

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Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2022 Financial Results

HARRISBURG, Pa., Sept. 01, 2022 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the second quarter ended July 30, 2022. Second Quarter Summary:Total net sales increased 8.8% to $452.5 million.   Comparable store sales increased 1.2%.   The Company opened 11 new stores and closed one store, ending the quarter with 449 stores in 29 states, a year-over-year increase in store count of 9.8%. Operating income decreased 63.8% to $16.5 million and operating margin decreased 730 basis points to 3.7%. Net income was $14.1 million, or $0.22 per diluted share, as compared with $34.3 million, or $0.52 per diluted share, in the prior year. Adjusted net income(1) was $13.7 million, or $0.22 per diluted share, as compared with prior year adjusted net income of $34.0...

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IDEX Biometrics: Employee Share Purchase Plan – 1 Sep 2022

The board of directors of IDEX Biometrics ASA has resolved to issue 3,181,755 ordinary shares at NOK 0.73 per share to employees who participate in the company’s 2021 Employee Share Purchase Plan (ESPP). The ESPP was approved by the annual general meeting on 12 May 2021.   40 employees participated in the ESPP in this period. The participating employees have elected to invest a part of the base salary in ordinary shares in the company. Purchase takes place every six months.   Following the issue, the Company’s share capital will be NOK 152,412,062.55 divided into 1,016,080,417 shares, each with a nominal value of NOK 0.15.   Primary insiders IDEX discloses transactions by the following primary insiders in IDEX shares ISIN NO0003070609: –   CEO Vince Graziani acquired 133,565 ordinary shares at NOK 0,73 per share.   IDEX...

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Pfizer and BioNTech Receive Positive CHMP Opinion for Omicron BA.1-Adapted Bivalent COVID-19 Vaccine Booster in European Union

CHMP recommendation based on safety, tolerability, and immunogenicity data from a Phase 2/3 trial of the Omicron BA.1-adapted bivalent vaccine The Omicron BA.1-adapted bivalent COVID-19 vaccine combines 15 µg of mRNA encoding the SARS-CoV-2 wild-type spike protein which also in the Original Pfizer-BioNTech COVID-19 Vaccine with 15 µg of mRNA encoding the spike protein of the Omicron BA.1 variant Omicron BA.1-adapted bivalent vaccine is available to ship immediately to support the start of European vaccination campaigns within the coming days  NEW YORK and MAINZ, GERMANY, September 1, 2022 — Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) today announced a 30 µg booster dose of their Omicron BA.1- Bivalent COVID-19 Vaccine (COMIRNATY® Original/Omicron BA.1 15/15 µg) has been recommended for conditional marketing authorization...

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IMAC Holdings, Inc. Announces Addition of Medical Weight Loss Services to IMAC Regeneration Centers

BRENTWOOD, Tenn., Sept. 01, 2022 (GLOBE NEWSWIRE) — IMAC Holdings, Inc. (Nasdaq: BACK) (“IMAC” or the “Company”), announces today it is accepting patients for medical weight loss services at IMAC Regeneration Centers. The medical weight loss service will launch in three facilities this month. “We are excited about the launch of medical weight loss in IMAC Regeneration Centers. There was significant effort applied to develop and launch this service and we believe it can have a significant impact on our patients’ rehabilitative process while also introducing new patients to the IMAC orthopedic service line,” said Jeffrey Ervin, IMAC’s Chief Executive Officer. “Obesity is the second leading cause of back pain. Therefore, implementing the weight loss service gives us another tool to assist consumers in their battle against chronic...

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DSM: Net Asset Value(s) and Portfolio

Downing Strategic Micro-Cap Investment Trust Plc  LEI Code: 213800QMYPUW4POFFX69  Net Asset Values  The Company announces the following, all of which is unaudited:  Total Assets – including current period revenue* at 31 August 2022 £39.46mNet Assets – including current period revenue* at 31 August 2022 £39.46mNumber of shares in issue (excluding treasury): 49,519,882   The Net Asset Value (NAV) per share at 31 August 2022 was:  Per Ordinary share (bid price) – including current period revenue* 79.68pPer Ordinary share (bid price) – excluding current period revenue* 79.21p   Ordinary share price  60.80pPremium/(Discount) to NAV (including current period revenue) (23.70%)   * Current period revenue covers the period 01/03/2022 to 31/08/2022 and includes undistributed...

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Olive Tree People Inc. Announces The Next Big Thing – Waterless Holistic Beauty – Exclusive to 3,875 Spas in the U.S

SANTA MONICA, CA, Sept. 01, 2022 (GLOBE NEWSWIRE) — Olive Tree People Inc., a subsidiary of Oliveda International, Inc. (OTC Pink: OLVI), is pleased to announce that beginning today, the company will be spreading awareness of a new generation of Waterless Holistic Skincare with up to 58 Executive Sales Representatives and exclusively to 3,875 spas in the United States. Olive Tree People’s mission is to heal the world with the power of our mountain olive trees.   We start with Oliveda and the Olive Tree Therapy, 10 years in 14 days, and LA Dope Holistic CBD Beauty Therapy exclusively in 3,875 spas and even more estheticians as ambassadors for waterless beauty in the U.S. and then go from there into the world. It is above all the estheticians in the spas who, with their love and dedication to their profession, live a vocation that...

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Pet Clothing Market Size to Worth USD 7 Billion by 2028 | At 4.4% CAGR

Key companies covered in Pet Clothing Market are W. L. Shareholding Company Ltd. (Oxford, U.K.), MEDICAL PET SHIRTS INTERNATIONAL B.V. (Bleiswijk, Netherland), Bitch New York (New York, U.S.), Moshiqa (Los Angeles, U.S.), PetRageous Designs LLC. (Massachusetts, U.S.), MILK&PEPPER (Cholet, France), TRIXIE Heimtierbedarf GmbH & Co. KG (Tarp, Germany), PETstock (South Melbourne, Australia), CANADA POOCH (Toronto, Canada), BedheadPajamas Inc. (California, U.S.), and more players profiled. Pune, India, Sept. 01, 2022 (GLOBE NEWSWIRE) — The global pet clothing market size is expected to gain momentum by reaching USD 7 billion by 2028 while exhibiting a CAGR of 4.4% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Pet Clothing Market, 2021-2028.”, observes that the market stood at USD 5.01 billion...

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NeuroMetrix Names Jonathan Breck Harmel as National Director of Sales for its Emerging Prescription Neurotherapeutics Business

WOBURN, Mass., Sept. 01, 2022 (GLOBE NEWSWIRE) — NeuroMetrix, Inc. (Nasdaq: NURO) today announced that it has appointed Jonathan “Breck” Harmel as National Director of Sales, Neuromodulation. Mr. Harmel will be responsible for leading the sales organization for the Company’s prescription wearable neurotherapeutics business in the U.S. market. The Company recently received FDA De Novo authorization to market its Quell® device as an aid for reducing the symptoms of fibromyalgia in adults with high pain sensitivity. The Company received FDA Breakthrough Designation for the use of Quell to treat fibromyalgia in July 2021. Mr. Harmel brings 15 years of experience in high growth medical technology and device sales, including building and managing successful sales teams on a national scale. Mr. Harmel was most recently...

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AMMO, Inc. Announces Sept. 22 Ribbon Cutting Ceremony for the Opening of State-of-the-Art Ammunition Manufacturing Plant in Manitowoc, WI

SCOTTSDALE, Ariz., Sept. 01, 2022 (GLOBE NEWSWIRE) — AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”) the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, will host a ribbon cutting ceremony at its new state-of-the-art production facility located at 6311 West Custer Street in Manitowoc, Wisconsin at 12:00 p.m. CDT on September 22nd. The ceremony is open to the public. Manitowoc Mayor Justin Nickels and other state and local officials will be on site at the event along with AMMO’s Chairman & CEO, Fred Wagenhals, his senior management team, AMMO Board members, including Rusty Wallace and Richard Childress, who are also members of the NASCAR Hall of Fame. The new facility...

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