Year: 2022

Oriental Culture Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Written by Customer Service on November 15, 2022. Posted in Public Companies.

Hong Kong, China, Nov. 15, 2022 (GLOBE NEWSWIRE) — Oriental Culture Holding LTD. (“Oriental Culture” or the “Company”) (NASDAQ: OCG), a leading online service provider of collectibles and artworks, today announced that, on November 9, 2022, the Company received a letter from the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s ordinary shares listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listing on Nasdaq under Nasdaq Marketplace Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). The notification has no immediate effect on the listing of the Company’s ordinary shares. In accordance with Nasdaq Marketplace Rule 5810(c)(3)(A),...

COMSTOCK RESOURCES, INC. ANNOUNCES NEW BANK CREDIT FACILITY

Written by Customer Service on November 15, 2022. Posted in Public Companies.

FRISCO, TX, Nov. 15, 2022 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that the Company has entered into a new senior secured revolving credit facility, which extends the maturity of Comstock’s existing bank credit facility to November 15, 2027. The new credit facility has an initial borrowing base of $2.0 billion with an elected commitment of $1.5 billion. The five-year reserve based revolving credit facility was arranged by Wells Fargo Securities, LLC with a syndicate of 17 participating banks. About Comstock Resources Comstock Resources, Inc. is a leading independent natural gas producer with operations focused on the development of the Haynesville shale in North Louisiana and East Texas. The Company’s stock is traded on the New York...

EnerSys CFO Andrea J. Funk to Present at the Wells Fargo 6th Annual TMT Summit November 29, 2022

Written by Customer Service on November 15, 2022. Posted in Public Companies.

READING, Pa., Nov. 15, 2022 (GLOBE NEWSWIRE) — EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that Andrea J. Funk, Executive Vice President and Chief Financial Officer, EnerSys, will participate in a fireside chat on Tuesday, November 29, 2022, at the Wells Fargo 6th Annual TMT Summit. The fireside chat will begin at 10:00 a.m. PT, 1:00 p.m. ET. The fireside chat will be webcast live and archived for replay through the Events and Presentations page of the Investor Relations section of the company’s website at https://investor.enersys.com/events-presentations. About EnerSys: EnerSys is the global leader in stored energy solutions for industrial applications, manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery...

Firsthand Technology Value Fund Announces Third Quarter Financial Results, NAV of $5.58 per share

Written by Customer Service on November 15, 2022. Posted in Earnings Releases And Operating Results.

SAN JOSE, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the third quarter ended September 30, 2022. As of September 30, 2022, the Fund’s net assets were approximately $38.4 million, or $5.58 per share, compared with net assets of approximately $49.8 million, or $7.22 per share as of June 30, 2022. As of September 30, 2022, the Fund’s portfolio included public and private securities valued at approximately $46.6 million, or $6.76 per share, which includes approximately $0.17 per share in cash and cash equivalents. Portfolio Summary (as of 9/30/22)Investment Fair Value1, Fair Value per Share1,2Equity/Debt Investments $45.46 million $6.60Cash/Cash...

Tattooed Chef Reports Third Quarter 2022 Financial Results

Written by Customer Service on November 15, 2022. Posted in Earnings Releases And Operating Results.

Conference Call Scheduled for 5 pm EST Today PARAMOUNT, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant-based foods, today announced financial results for the third quarter ended September 30, 2022 (“Q3 2022”). Third Quarter 2022 Financial Overview Compared to Third Quarter 2021Net revenue of $54.1 million compared to $58.0 million Gross loss of $(3.9) million, or gross margin of (7.2)%, compared to gross profit of $5.0 million, or gross margin of 8.6% Net loss of $38.5 million Adjusted EBITDA loss (1) of $25.5 million(1) Adjusted EBITDA is a non-GAAP financial measure as defined below under “Non-GAAP Measures.” Please see “Adjusted EBITDA Reconciliation” at the end of this press release.“We are disappointed in our third quarter results, but...

Lulus Reports Continued Profitability for the Third Quarter 2022 and Updates 2022 Guidance

Written by Customer Service on November 15, 2022. Posted in Earnings Releases And Operating Results.

CHICO, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today reported financial results for the third quarter ended October 2, 2022, and updated guidance for full year 2022. David McCreight, CEO of Lulus, said: “In the third quarter of 2022, we saw gains in several operational and customer metrics, including a record number of repeat customers transacting with us, as well as healthy year-over-year growth in Active Customers and Average Order Value – signaling that our brand is resonating with our customers. Like many in the industry, we saw lower net revenue growth from macroeconomic factors, including inflation, which we believe impacted customer spending and product returns behavior. Due to the macroenvironment, we increased our promotional cadence, which...

IBEX Limited Announces Strong First Quarter of Fiscal Year 2023 Financial Results

Written by Customer Service on November 15, 2022. Posted in Earnings Releases And Operating Results.

Key HighlightsFirst quarter revenue increased 17.8% to $127.9 million over the prior year quarter. Revenue generated from BPO 2.0 clients, those won since fiscal year 2016, grew 44.3% and represented 76% of total revenue in the first quarter. First quarter net income and net income margin increased to $4.3 million and 3.4%, respectively, compared to $3.0 million and 2.8%, respectively, in the prior year quarter. First quarter non-GAAP adjusted EBITDA increased 59.1% to $18.2 million over the prior year quarter. First quarter non-GAAP adjusted EBITDA margin increased to 14.3%, compared to 10.6% in the prior year quarter. Net cash flow from operations in the first quarter increased to $8.8 million, compared to $6.9 million in the prior year quarter. Fully diluted earnings per share increased to $0.23, compared to $0.16 in the prior year...

Navigator Holdings Ltd. Results for the Three and Nine Months Ended September 30, 2022

Written by Customer Service on November 15, 2022. Posted in Earnings Releases And Operating Results.

HighlightsNavigator Holdings Ltd. (the “Company”) reported total operating revenues of $106.8 million for the three months ended September 30, 2022, an increase from $102.7 million for the three months ended September 30, 2021. Total operating revenues were $350.5 million for the nine months ended September 30, 2022, an increase from $274.2 million for the nine months ended September 30, 2021. Net income was $2.4 million (earnings per share of $0.03) for the three months ended September 30, 2022, a decrease from $6.7 million (earnings per share of $0.10) for the three months ended September 30, 2021. For the nine months ended September 30, 2022, net income was $43.5 million (earnings per share of $0.56) compared to $9.7 million (earnings per share of $0.16) for the nine months ended September 30, 2021. Adjusted EBITDA1 was $41.5 million...

Steve Heethuis named 2022 MFG Talent Champion by the Michigan Manufacturers Association

Written by Customer Service on November 15, 2022. Posted in Public Companies.

Steve Heethuis 2022 MFG Talent ChampionCHARLOTTE, N.C., Nov. 15, 2022 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ: NNBR), a global diversified industrial company, is pleased to announce that Steve Heethuis, Training Director, has been recognized as the 2022 MFG Talent Champion by the Michigan Manufacturers Association (MMA). Steve was nominated and selected for this honor due to his dedication and expertise in collaborating within the West Michigan region and working to attract talent to the manufacturing industry. Simply put, Michigan manufacturers have both a need and an obligation to attract and train the next generation of manufacturing talent and demonstrate the industry’s wide variety of career opportunities. The MFG Talent Champion is selected as a leader in their community who actively works to support these goals. “Attracting,...

Capital Bank, N.A., Selected Again by American Banker as One of the “Best Banks to Work For”

Written by Customer Service on November 15, 2022. Posted in Public Companies.

It’s the fourth year in a row Capital Bank, N.A., has received the prestigious accolade, highlighting the Bank’s distinctive workplace culture. ROCKVILLE, Md., Nov. 15, 2022 (GLOBE NEWSWIRE) — For the fourth year in a row, American Banker named Capital Bank, N.A., one of the “Best Banks to Work For” in the U.S. Capital Bank especially values this honor because of American Banker’s rigorous selection process. The organization conducts extensive employee surveys and requires banks to submit reports on their employee benefits and policies. One of American Banker’s main criteria is the creation of a workplace that elevates employees’ personal and professional growth. “Our culture fosters entrepreneurialism and truly supports employees,” said Eric Suss, Executive Vice President, Chief Human Resources Officer at Capital Bank. “We continue...

Year: 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals