Day: December 20, 2022

COLUMBUS, Ohio, Dec. 20, 2022 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.2 billion and net earnings of $16.2 million, or $0.33 per diluted share, for its fiscal 2023 second quarter ended November 30, 2022. In the second quarter of fiscal 2022, the Company reported net sales of $1.2 billion and net earnings of $110.3 million, or $2.15 per diluted share. Results in both the current and prior year quarter were impacted by certain unique items, as summarized in the table below. (U.S. dollars in millions, except per share amounts)    2Q 2023     2Q 2022      After-Tax     Per Share     After-Tax     Per Share  Net earnings   $ 16.2     $ 0.33     $ 110.3     $ 2.15  Incremental expense related to Level5 earnout     0.4       0.01       –       –  Restructuring...

Second and Third Quarter 10-Q Filings Bring Vivos Currenton SEC Filings for Nasdaq Stock Market Purposes Management to Host Conference Call Today at 5:00 pm ET LITTLETON, Colo., Dec. 20, 2022 (GLOBE NEWSWIRE) — Vivos Therapeutics, Inc. (“Vivos” or the “Company”) (NASDAQ: VVOS), a medical technology company focused on developing innovative treatments for patients suffering from dentofacial abnormalities and/or mild to moderate obstructive sleep apnea (OSA) and snoring in adults, today reported financial results and operating highlights for the second and third quarters of 2022. As previously disclosed, the delay in filing Vivos’ Form 10-Qs for the second and third quarters of 2022 was the result of management’s review and analysis regarding the technical application of ASC Topic 606, Revenue From Contracts with Customers (“ASC...

MITCHEL FIELD, N.Y., Dec. 20, 2022 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and six-month periods of fiscal 2023, ended October 31, 2022, of approximately $8.9 million and $17.2 million, respectively, compared to revenues of $12.9 million and $25.9 million, respectively, for the same periods of fiscal 2022, ended October 31, 2021. Operating loss for the second quarter of fiscal 2023 was $2.3 million compared to an operating profit of $303,000 for the same period of fiscal 2022. Operating loss for the six months ended October 31, 2022 was $5.4 million compared to an operating loss of $1.4 million for the six months ended October 31, 2021. Net loss from operations for the three and six months ended October 31, 2022 was $2.3 million or ($0.25) per diluted...

Total consolidated revenue increases 8% sequentially to $78.9 million Software and Subscription Services revenue increases 11% sequentially to $49.3 million IRVINE, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) — CalAmp (Nasdaq: CAMP), a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its third quarter of fiscal year 2023 ended November 30, 2022. “Revenue in the quarter exceeded the high-end of our expectations as increased supply allowed us to ship aged backlog to strategic customers,” said Jeff Gardner, CalAmp’s President and CEO. “This increased supply included devices incorporating components we secured in the spot market for customers affected by the imminent decommissioning of Verizon’s 3G network. We had an unusually high volume of spot...

Second quarter sales of $470 million, up 8% over the prior year Second quarter GAAP diluted earnings per share from continuing operations of $0.64, compared to $0.58 in Q2 FY2022 Adjusted diluted earnings per share from continuing operations of $0.69, up 30% from $0.53 in Q2 FY2022WOOD DALE, Ill., Dec. 20, 2022 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today reported second quarter fiscal year 2023 consolidated sales of $469.8 million and income from continuing operations of $22.5 million, or $0.64 per diluted share. For the second quarter of the prior year, the Company reported sales of $436.6 million and income from continuing operations of $20.8 million, or $0.58 per diluted share. Our adjusted diluted earnings per share from continuing...

Delivered fourth quarter and full year earnings improvement, led by Prepared segment recovery SANTA PAULA, Calif., Dec. 20, 2022 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal fourth quarter and fiscal year ended October 31, 2022. Fourth Quarter Financial OverviewTotal revenue of $243.6 million, an 11% decline from prior yearGrown segment revenue declined 20% year-over-year to $119.1 million Prepared segment revenue increased 0.6% year-over-year to $125.0 millionGross profit of $20.4 million compared to $9.1 million for the year-ago quarterGrown segment gross profit increased $1.1 million from prior year to $8.6 million Prepared segment gross profit increased $10.1 million...

FY 2022 Revenue Increases 27% Versus Prior Year FY 2022 Subscription and Licenses Revenue Increases 36% Versus Prior Year WOBURN, Mass., Dec. 20, 2022 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a leading SaaS marketing technology provider, today announced financial results for its fiscal fourth quarter ended September 30, 2022. “Bridgeline continues to grow with an increase of 27% in annual revenue compared to the prior year,” said Ari Kahn, Bridgeline’s President and Chief Executive Officer. “Our partner network is driving new customer wins, and in addition to our ISV partners such as BigCommerce, Kentico, Optimizely, and Sitefinity, we have added several system integrators including Niteco and Thanx Media to drive more sales.” Financial Highlights – Fourth Fiscal Quarter of Fiscal Year 2022Total revenue was...

ALHAMBRA, CA, Dec. 20, 2022 (GLOBE NEWSWIRE) — EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace and defense, communications, and sensing markets, today announced results for the fiscal 2022 fourth quarter (4Q22) ended September 30, 2022. Management will host a conference call to discuss 4Q22 financial and business results today at 5:00 p.m. Eastern Time (ET). For 4Q22, EMCORE’s consolidated revenue was $25.6 million, comprised of $21.0 million from the Aerospace and Defense (A&D) segment and $4.6 million from the Broadband segment. Net loss was $16.9 million and $10.9 million on a GAAP and non-GAAP basis, respectively. Adjusted EBITDA was negative $9.4 million. Please refer to the schedules at the end of this press release for GAAP to non-GAAP reconciliations...