Solid Biosciences Announces Stockholder Approval of Acquisition of AavantiBio

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

– Transactions to create a precision genetic medicine company focused on neuromuscular and cardiac rare diseases – CHARLESTOWN, Mass., Dec. 01, 2022 (GLOBE NEWSWIRE) — Solid Biosciences Inc. (Nasdaq: SLDB), a life sciences company focused on advancing meaningful therapies for Duchenne muscular dystrophy (Duchenne), today announced the results of the special meeting of the stockholders held on December 1, 2022. At the special meeting, Solid’s stockholders voted in favor of all proposals, including the proposal to issue shares of Solid’s common stock to stockholders of AavantiBio in connection with the acquisition of AavantiBio pursuant to the agreement and plan of merger dated September 29, 2022 (the “Merger Agreement”) and to certain institutional investors in connection with a concurrent $75 million private placement....

Pulse Oil Corp. Announces Q3 Results

Written by Customer Service on December 1, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Dec. 01, 2022 (GLOBE NEWSWIRE) — Pulse Oil Corp., (“Pulse” or the “Company”) (TSXV: PUL) is pleased to announce that the Company has filed its Q3 2022 unaudited interim financial statements and management discussion and analysis for the three-month period ending September 30, 2022. Quarterly Financials for September 30, 2022 (CDN$): Some of the financial highlights of the third quarter results are provided as well as second quarter results of 2022 and the comparable results for the three-month period last year are as follows: Description September 30, 2022 June 30, 2022 September 30, 2021 Gross Revenue $1,596,147 $1,585,097 $934,580 Net income $322,694 $574,523 $28,133 Cashflow from operations $797,649 $(134,901) $482,841 Production details:Oil (Bbl/d)Gas (Mcf/d)NGL (Bbl/d)Total (Boe/d) 140.0541.426.7259.8 149.1423.324.8244.4 121.4396.618.4205.9 Pricing...

Ambarella, Inc. Announces Third Quarter Fiscal Year 2023 Financial Results

Written by Customer Service on December 1, 2022. Posted in Earnings Releases And Operating Results.

SANTA CLARA, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI vision silicon company, today announced financial results for its third quarter of fiscal year 2023 ended October 31, 2022. Revenue for the third quarter of fiscal 2023 was $83.1 million, down 10% from $92.2 million in the same period in fiscal 2022. For the nine months ended October 31, 2022, revenue was $254.3 million, up 5% from $241.6 million for the nine months ended October 31, 2021. Gross margin under U.S. generally accepted accounting principles (GAAP) for the third quarter of fiscal 2023 was 62.2%, compared with 62.5% for the same period in fiscal 2022. For the nine months ended October 31, 2022, GAAP gross margin was 62.6%, compared with 62.4% for the nine months ended October 31, 2021. GAAP net loss for the third quarter...

Zumiez Inc. Announces Fiscal 2022 Third Quarter Results

Written by Customer Service on December 1, 2022. Posted in Earnings Releases And Operating Results.

LYNNWOOD, Wash., Dec. 01, 2022 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the third quarter ended October 29, 2022. Net sales for the third quarter ended October 29, 2022 (13 weeks) decreased 17.9% to $237.6 million from $289.5 million in the third quarter ended October 30, 2021 (13 weeks). Net income in the third quarter of fiscal 2022 was $6.9 million, or $0.36 per diluted share, compared to net income of $30.7 million, or $1.25 per diluted share, in the third quarter of the prior fiscal year. Total net sales for the nine months (39 weeks) ended October 29, 2022 decreased 19.0% to $678.3 million from $837.2 million reported for the nine months (39 weeks) ended October 30, 2021. Net income for the...

Zscaler Reports First Quarter Fiscal 2023 Financial Results

Written by Customer Service on December 1, 2022. Posted in Earnings Releases And Operating Results.

First Quarter Highlights Revenue grows 54% year-over-year to $355.5 million Calculated billings grows 37% year-over-year to $340.1 million Deferred revenue grows 55% year-over-year to $1,005.7 million GAAP net loss of $68.2 million compared to GAAP net loss of $90.8 million on a year-over-year basis Non-GAAP net income of $44.0 million compared to non-GAAP net income of $21.0 million on a year-over-year basis SAN JOSE, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) — Zscaler, Inc. (Nasdaq: ZS), the leader in cloud security, today announced financial results for its first quarter of fiscal year 2023, ended October 31, 2022. “We delivered strong top line growth with improved operating profitability and increased free cash flow, once again performing at the Rule-of-80. We are seeing customers committing to our broader platform,...

ObsEva Announces Third Quarter 2022 Financial Results and Provides a Business Update

Written by Customer Service on December 1, 2022. Posted in Earnings Releases And Operating Results.

Ad hoc announcement pursuant to Art. 53 LR of the SIX Swiss Exchange GENEVA, Switzerland – December 1, 2022 – ObsEva SA (NASDAQ: OBSV; SIX: OBSN) (“ObsEva” or the “Company”), a biopharmaceutical company developing novel therapies for women’s health, today reported financial results for the third quarter ended September 30, 2022 and provided a business update. “We are pleased to have neared the completion of a restructuring process that allowed us to generate an important influx of capital, positioned us to resolve our over-indebted position, and streamlined our cost structure,” said Brian O’Callaghan, CEO of ObsEva. “We are now well-positioned to support the development of nolasiban, a novel, oral oxytocin receptor antagonist being developed to improve clinical pregnancy and live birth rates in women undergoing in vitro fertilization,...

Correction Notice to Press Release Announcing Lincoln Educational Services Corporation Reports Mandatory Conversion of Series A Convertible Preferred Stock

Written by Customer Service on December 1, 2022. Posted in Public Companies.

PARSIPPANY, N.J., Dec. 01, 2022 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that its press release issued under the headline “Lincoln Educational Services Corporation Reports Mandatory Conversion of Series A Convertible Preferred Stock” on November 30, 2022, was changed to correct the decimal point of the conversion ratio. The number of shares of Common Stock into which the shares of Series A Preferred Stock converted has not changed. The corrected press release is set forth in its entirety below. Lincoln Educational Services Corporation ReportsMandatory Conversion of Series A Convertible Preferred Stock Parsippany, NJ, November 30, 2022 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that it had exercised in full its right of mandatory...

Toll Brothers Announces New Castle Rock Community Coming to Colorado in Summer 2023

Written by Customer Service on December 1, 2022. Posted in Public Companies.

Toll Brothers at Crystal Valley “This quiet location coupled with access to established amenities creates the ideal blend of serenity and excitement near downtown Castle Rock,” said Reggie Carveth, Division President for Toll Brothers in Colorado. CASTLE ROCK, Colo., Dec. 01, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, today announced that it will be building a new community of luxury homes in Castle Rock, Colorado opening in the summer of 2023. Toll Brothers at Crystal Valley, a master-planned resort community south of downtown Castle Rock, will offer pristine, oversized, private home sites backing to wide open spaces. Many homes will feature magnificent valley views. “This quiet location coupled with access to established amenities creates the ideal blend of serenity...

Thor Equities Group Continues Industrial Expansion in Greater Los Angeles Market

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

New York, NY, Dec. 01, 2022 (GLOBE NEWSWIRE) — Thor Equities Group, a global leader in urban real estate development, leasing and management, is pleased to announce the acquisition of an 83,227 square foot industrial asset in the West Inland Empire, California for $30.25M. This latest acquisition represents the third industrial acquisition in the Greater Los Angeles region for Thor. Located on 3.8-acres in Fontana, California, 10516 Commerce Way offers excellent proximity to an extensive highway network in the West Inland Empire with proximity to the Port of Los Angeles and Port of Long Beach and access to one of the largest consumer bases in the US. The facility is 100% leased and features 24’ clear heights. “Located in the West Inland Empire, one of the strongest industrial submarkets in the entire nation, 10516 Commerce Way...

Metro Supply Chain enhances its comprehensive national home service offering for retailers and consumers with the acquisition of Quick Contractors

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Metro Supply Chain Inc., a leading provider of end-to-end supply chain solutions, including white glove last-mile delivery and product installation, today announced it has acquired Quick Contractors, one of North America’s fastest-growing managed networks of independent contractors, installers and assemblers. “Completing over 3 million deliveries each year, Metro Supply Chain already offers fully managed last-mile logistics to more than 200 leading retailers,” explained Chris Fenton, President and CEO of Metro Supply Chain. “With Quick Contractors joining the team, our customers will be able to leverage our combined expertise in home delivery and installation to provide consumers with next-level service.” Founded in 2004 by Trevor Bouchard, CEO of Quick Contractors, to bridge the gap between...

Day: December 1, 2022

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