Day: September 12, 2022

ERYTECH Provides Business and Financial Update for the First Half of 2022 Conference call and webcast on Tuesday, September 13, 2022at 8:30am ET / 02:30pm CEST        U.S. cell therapy manufacturing facility sold to Catalent in April 2022 Evaluation of partnering options ongoing, strategic initiative expected in Q4 2022 Plans to pursue a BLA submission for Graspa® in hypersensitive ALL stoppedCash and cash equivalents of €53.3 million ($55.8 million) at the end of June 2022Cambridge, MA (U.S.) and Lyon (France), September 12, 2022 – ERYTECH Pharma (Nasdaq & Euronext: ERYP), a clinical-stage biopharmaceutical company developing innovative therapies by encapsulating therapeutic drug substances inside red blood cells, today provided a business and financial update for the first half of 2022. “2022 has been so far, and will continue...

NASHVILLE, Tenn., Sept. 12, 2022 (GLOBE NEWSWIRE) — Yellow Corporation (NASDAQ: YELL) reported certain operating metrics for the first two months of third quarter 2022. For Yellow less-than-truckload (LTL), the percent changes 2022 from 2021 were:  Shipments perWorkday Weight perShipment Tonnage perWorkday Revenue perHundredweight(a) Revenue perShipment(a)July (16.9)% (0.4)% (17.2)% 23.8% 23.4%August (14.2)% (1.8)% (15.7)% 19.9% 17.8%QTD (15.6)% (1.1)% (16.5)% 21.8% 20.5%(a)   Includes fuel surcharge “We remain on schedule to implement phase one of the network integration on Sept. 18th,” said Darren Hawkins, chief executive officer. “Phase one impacts 89 legacy YRC Freight and Reddaway terminals in the Western U.S. and will integrate the linehaul network to support both regional and long-haul service as well as optimize...

Achieved record quarterly revenue: Q2 2022 revenue up 64% year-over-year Reduced Q2 2022 net loss by $9M YoY; first quarter of positive Adjusted EBITDA since IPO Significant increase in Gross Margin to 42%, up 3 percentage points Announces Restructuring Plan to Reduce $25-$27 Million of Annual Operating Costs, Pulling Forward Path to Profitability NEW YORK, Sept. 12, 2022 (GLOBE NEWSWIRE) — Rent the Runway, Inc. (“Rent the Runway” or “RTR”) (NASDAQ: RENT), the world’s first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended July 31, 2022. “We achieved two significant milestones in Q2, with both record quarterly revenue and positive Adjusted EBITDA, ahead of the timeline we had outlined, and despite an uncertain environment,” said Jennifer Hyman, CEO and Co-Founder...

TULSA, Okla., Sept. 12, 2022 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX) (“Matrix” or the “Company”) announced today that it will delay the issuance of its fourth quarter earnings and the investor conference call previously scheduled for September 13, 2022 as well as the filing of its annual report on Form 10-K for the fiscal year ended June 30, 2022. In the course of preparing the Company’s financial statements, management discovered that employee support and oversight time for a certain project was allocated to the Company’s general overhead expense category rather than to the specific project to which it should have been allocated. Management conducted a review and determined the amount of misallocated time was immaterial. However, as a result of this issue the Company’s Audit Committee engaged third-party advisors...