Day: December 7, 2022

Golden Tag to Acquire La Parrilla Silver Mine Complex From First Majestic Silver

Written by Customer Service on December 7, 2022. Posted in Public Companies.

Figure 1 Clockwise from top-left 1. Rosarios Portal; 2. Ag-Pb-Zn vein mineralization, Quebradillas Cuerpo 460 (1700 elevation); 3. Quebradillas Open PitFigure 2 View of the La Parrilla Mill ComplexNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) — Golden Tag Resources Ltd. (“Golden Tag” or the “Company“) (TSX.V: GOG) (OTCQB: GTAGF) is pleased to announce that the Company has entered into a definitive Asset Purchase Agreement dated December 7, 2022 (the “Purchase Agreement” or “APA”) with First Majestic Silver Corp (“First Majestic” or “FMS”) to acquire a 100% interest in the 69,478 hectares La Parrilla Silver Mine Complex (“La Parrilla”) in the locality of San Jose de la Parrilla, Durango, Mexico (the...

Star Group, L.P. Reports Fiscal 2022 Fourth Quarter Results

Written by Customer Service on December 7, 2022. Posted in Earnings Releases And Operating Results.

STAMFORD, Conn., Dec. 07, 2022 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE:SGU), a home energy distributor and services provider, today announced financial results for the fiscal 2022 fourth quarter and year ended September 30, 2022. Three Months Ended September 30, 2022 Compared to the Three Months Ended September 30, 2021For the fiscal 2022 fourth quarter, Star reported a 25.4 percent increase in total revenue to $296.6 million compared with $236.6 million in the prior-year period, as an increase in selling prices more than offset the impact from a decline in total petroleum product demand. The volume of home heating oil and propane sold during the fiscal 2022 fourth quarter decreased by 1.4 million gallons, or 7.0 percent, to 19.4 million gallons, as the additional volume provided...

17 Education & Technology Group Inc. Announces Third Quarter 2022 Unaudited Financial Results

Written by Customer Service on December 7, 2022. Posted in Earnings Releases And Operating Results.

BEIJING, China, Dec. 08, 2022 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2022. Third Quarter 2022 Highlights1Net revenues were RMB124.6 million (US$17.5 million), representing a year-over-year decrease of 74.9% from RMB496.8 million in the third quarter of 2021, and a year-over-year increase of 549.0% compared with the net revenues excluding the legacy of online K-12 tutoring services of RMB19.2 million in the third quarter of 2021. Gross margin was 74.5%, representing a year-over-year increase of 25.1 percentage points, compared with 49.4% in the third quarter of 2021. Net loss was RMB23.5 million (US$3.3 million), significantly decreasing from...

Vecima Networks Announces Offering of Common Shares

Written by Customer Service on December 7, 2022. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES VICTORIA, British Columbia, Dec. 07, 2022 (GLOBE NEWSWIRE) — Vecima Networks Inc. (“Vecima” or the “Company”) (TSX:VCM), is pleased to announce that it has entered into an agreement with Raymond James Ltd. and Cormark Securities Inc. (together, the “Agents”), pursuant to which the Agents have agreed to offer for sale 507,100 common shares (the “Common Shares”) in the capital of the Company at a price of $17.75 per Common Share (the “Issue Price”) for aggregate gross proceeds to the Company of approximately $9 million (the “Offering”). In addition, the Company has granted the Agents and option (the “Agents’ Option”), exercisable up to 48 hours prior to closing to offer for sale 56,280 Common Shares, for market stabilization purposes and to cover over-allotments,...

CarLotz Announces Special Shareholder Meeting Voting Results

Written by Customer Service on December 7, 2022. Posted in Mergers And Acquisitions.

CarLotz Stockholders Approve Merger Agreement with Shift RICHMOND, Va., Dec. 07, 2022 (GLOBE NEWSWIRE) — CarLotz, Inc. (the “Company” or “CarLotz”; NASDAQ: LOTZ), a consignment-to-retail used vehicle marketplace, is pleased to announce that today the Company’s stockholders approved the Agreement and Plan of Merger, dated August 9, 2022, among Shift Technologies, Inc. (“Shift”), Shift Remarketing Operations, Inc. (“Merger Sub”) and the Company, pursuant to which, among other things and subject to the terms and conditions contained therein, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation and as a wholly owned subsidiary of Shift (the “Merger”). The proposal to approve the Merger Agreement was passed by stockholders voting at the Company’s special meeting of stockholders (the...

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Record Third Quarter Sales and Gross Margin

Written by Customer Service on December 7, 2022. Posted in Earnings Releases And Operating Results.

Third quarter sales increased 26% to $313 million Gross margin improved 160 basis points on a GAAP basis and 120 basis points on an adjusted basis Third quarter GAAP EPS of $1.22 and record third quarter adjusted EPS of $1.46 Raises full-year sales and EPS guidance on strong third-quarter resultsATLANTA, Dec. 07, 2022 (GLOBE NEWSWIRE) — Oxford Industries, Inc. (NYSE:OXM) today announced financial results for its fiscal 2022 third quarter ended October 29, 2022. Consolidated net sales in the third quarter of fiscal 2022 increased 26% to $313 million compared to $248 million in the third quarter of fiscal 2021. Earnings per share (EPS) on a GAAP basis were $1.22 compared to $1.54 in the third quarter of fiscal 2021. On an adjusted basis, EPS increased to $1.46 compared to $1.19 in the third quarter of fiscal 2021. Consolidated...

Sportsman’s Warehouse Holdings, Inc. Announces Third Quarter 2022 Financial Results

Written by Customer Service on December 7, 2022. Posted in Earnings Releases And Operating Results.

WEST JORDAN, Utah, Dec. 07, 2022 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced third quarter financial results for the thirteen and thirty-nine weeks ended October 29, 2022. “We executed our strategic initiatives and reported strong sales and earnings results in the third quarter, despite the challenging macroeconomic environment,” said Jon Barker, Sportsman’s Warehouse President and Chief Executive Officer. “The investments made over the last few years to enhance our omnichannel capabilities have strengthened the overall foundation of the business. Moving forward, we will continue to closely manage the business with discipline and rigor, and maintain focus on leveraging our investments while accelerating the growth of our store footprint...

HashiCorp Announces Third Quarter Financial Results of Fiscal Year 2023

Written by Customer Service on December 7, 2022. Posted in Earnings Releases And Operating Results.

Third quarter revenue totaled $125.3 million, representing an increase of 52% year-over-year; Trailing four quarter average Net Dollar Retention rate was 134% at the end of the third quarter of fiscal 2023, up from 127% in the third quarter of fiscal 2022. Third quarter total GAAP RPO totaled $531.8 million, representing an increase of 52% year-over-year; third quarter current GAAP RPO totaled $322.4 million, representing an increase of 46% year-over-year. Third quarter total non-GAAP RPO totaled $553.4 million, representing an increase of 50% year-over-year; third quarter current non-GAAP RPO totaled $341.5 million, representing an increase of 44% year-over-year.SAN FRANCISCO, Dec. 07, 2022 (GLOBE NEWSWIRE) — HashiCorp, Inc. (NASDAQ: HCP), a leading provider of multi-cloud infrastructure automation software, today announced...

Rent the Runway, Inc. Announces Third Quarter 2022 Results & Raises Guidance

Written by Customer Service on December 7, 2022. Posted in Earnings Releases And Operating Results.

Achieved record quarterly Revenue: Q3 2022 Revenue up 31% YoY Significant progression in Gross Margin to 41%, up 7 percentage points YoY Q3 2022 Net Loss of $(36.1)M vs. $(87.8)M in Q3 2021; Q3 2022 includes $5.8M of restructuring-related charges Strong Adjusted EBITDA of $6.6M, up from $(5.6)M in Q3 2021 Company raises annual Revenue and Adjusted EBITDA margin outlook NEW YORK, Dec. 07, 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 October 31, 2022. “I’m pleased to share that we exceeded our Q3 ’22 Revenue and Adjusted EBITDA guidance. Revenue for the quarter was $77.4 million, up 31% compared to Q3 ’21. We’re proud of our...

Daktronics, Inc. expands board of directors to eight members and appoints new director

Written by Customer Service on December 7, 2022. Posted in Public Companies.

BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) — Daktronics, Inc. (NASDAQ – DAKT) today announced the expansion of its Board of Directors to eight members and the appointment of Howard I. Atkins as the eighth director. The addition of Mr. Atkins is part of the Board’s ongoing refreshment process. He was selected pursuant to the Cooperation Agreement with Daktronics shareholder Prairieland Holdco, LLC (“Prairieland”) and its affiliates, including Andrew Siegel (collectively, the “Prairieland Group”), which was announced on July 27, 2022. Andrew Siegel stated, “The Board conducted a comprehensive search and recruitment effort, and I am pleased that it resulted in the selection of Howard. He will bring to the Daktronics Board world-class financial management acumen and experience, and I look forward to working with him as...

Day: December 7, 2022

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