Day: August 22, 2023

Associated Capital Group Sets Record Date for 2023 Shareholder Designated Charitable Contribution

GREENWICH, Conn., Aug. 22, 2023 (GLOBE NEWSWIRE) — Associated Capital Group, Inc. (NYSE: AC) has set October 15, 2023 as the record date for its 2023 Shareholder Designated Charitable Contribution (“SDCC”). AC previously announced the approval of a $0.20 per share SDCC for all registered Class A and Class B shareholders. To be eligible, shareholders will have until October 15, 2023 to register shares directly with Computershare, AC’s transfer agent. Shareholders can then designate a 501(c)(3) charitable organization to receive the $0.20 per share SDCC. Based on the 21.7 million shares currently outstanding, AC’s total contribution will be approximately $4.3 million. In late October, AC will provide forms to registered holders to designate recognized 501(c)(3) charitable organizations. There will also be an option to designate charitable...

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La-Z-Boy Reports First Quarter Fiscal 2024 Results

Company owned Retail written same-store sales increased 2% Delivered sales and operating margin in line with guidance GAAP diluted EPS of $0.63; Non-GAAP diluted EPS of $0.62 Resumed share buybacks in the quarter with $10 million in share repurchases Second quarter guidance for sales of $490-$510 million and operating margin of 6.5%-7.5% MONROE, Mich., Aug. 22, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the manufacture and retail of residential furniture, today reported first quarter results for the period ended July 29, 2023. Sales totaled $482 million, in line with guidance of $470 to $490 million, and a decrease of 20% against a year ago period that benefited from delivery of pandemic related backlog. Company owned Retail written same-store sales for the first quarter increased 2% versus...

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BioSyent Releases Q2 and H1 2023 Financial Results

MISSISSAUGA, Ontario, Aug. 22, 2023 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, TSX Venture: RX) released today its financial results for the three and six months ended June 30, 2023. Key highlights include:   Second quarter (Q2) 2023 Total Company Net Revenues of $7,962,800 increased by 20% versus Q2 2022 First half (H1) 2023 Total Company Net Revenues of $14,445,494 increased by 6% versus H1 2022 Record Q2 2023 Canadian Pharmaceutical Net Revenues of $7,721,746 increased by 23% versus Q2 2022 H1 2023 Canadian Pharmaceutical Net Revenues of $14,133,440 increased by 12% versus H1 2022 Q2 2023 International Pharmaceutical Net Revenues were $nil as compared to $nil for Q2 2022 H1 2023 International Pharmaceutical Net Revenues were $nil as compared to $565,787 for H1 2022 Q2 2023 EBITDA1 of $1,859,931 increased by 10% versus Q2...

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Complete Solaria Reports Second Quarter 2023 Results

Revenue Segment Performance by Quarter ($ millions) Revenue Segment Performance by Quarter ($ millions) FREMONT, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) — Complete Solaria Inc. (NASDAQ: CSLR) published its second quarter 2023 results, which will be reviewed for investors at 5:00 p.m. EDT today, https://investors.completesolaria.com/. Second quarter summary (financial comments based on non-GAAP results unless noted): Revenue of $32.2 million, down 9% from previous quarter Systems: $25.6 million, up 54% QoQ, and a recordModules: $6.6 million, down 65% QoQ 18% gross margin, up 6% QoQ Strategic Decision: company to pursue only higher-margin Systems business in the future Sale of Modules business: non-binding term sheet with module manufacturer signed Streamlined organization: RIF of 59 with $7.9 million of annualized savings New...

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Toughbuilt Industries Announces Second Quarter 2023 Results

Revenue increased 5.5% year-over-year to $18.9 million Gross profit increased 18.5% year-over-year to $5.8 million Gross Margin increased by 330 basis points year-over-year to 31% Net loss improved 53% year-over-year down to $5.9 million from $12.1 million IRVINE, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt” or “the Company”) (NASDAQ: TBLT; TBLTW), reported today their financial results for the fiscal quarter ended June 30, 2023. The Company will host its Q2 2023 earnings conference call today at 5:00 p.m. (ET). Financial Highlights for the Quarter Ended June 30, 2023 include: Revenues increased by approximately 5.5% to $18.9 million for Q2 2023, compared to $17.9 million in Q2 2022. This increase was primarily due to wide acceptance of the Company’s products and recurring sales...

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URBN Reports Record Q2 Sales

PHILADELPHIA, Aug. 22, 2023 (GLOBE NEWSWIRE) — Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of the Anthropologie Group (Anthropologie and Terrain), Free People Group (Free People and FP Movement), Urban Outfitters, Nuuly and Menus & Venues brands, today announced net income of $104.1 million and earnings per diluted share of $1.10 for the three months ended July 31, 2023. For the six months ended July 31, 2023, net income was $156.9 million and earnings per diluted share were $1.67. Total Company net sales for the three months ended July 31, 2023, increased 7.5% to a record $1.27 billion. Total Retail segment net sales increased 5.9%, with comparable Retail segment net sales increasing 4.9%. The increase in Retail segment...

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BioSyent Declares Third Quarter 2023 Dividend

MISSISSAUGA, Ontario, Aug. 22, 2023 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, “the Company”, TSX Venture: RX) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.04 per common share, payable in Canadian Dollars on September 15, 2023, to shareholders of record at the close of business on August 31, 2023. This third quarter 2023 dividend compares with the second quarter 2023 dividend of $0.04 per common share. This dividend qualifies as an ‘eligible dividend’ for Canadian income tax purposes. The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. About BioSyent Inc. Listed on the TSX Venture Exchange under the trading symbol “RX”, BioSyent is a profitable growth-oriented specialty pharmaceutical company focused on in-licensing...

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QPR Software Plc completes a directed share issue raising approximately EUR 800,000

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. QPR SOFTWARE PLC                  STOCK EXCHANGE RELEASE  AUGUST 22, 2023 AT 22:30 pm EEST QPR Software Plc completes a directed share issue raising approximately EUR 800,000 QPR Software Plc (the “Company”) announced earlier today on August 22, 2023 its intention to issue new shares in the Company (the “Shares”) to a limited number of institutional and qualified investors in deviation of the pre-emptive subscription rights of the shareholders (the “Share Issue”). The Board of...

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Lytus Technologies Receives Nasdaq Notification of Noncompliance with Listing Rule 5250(c)(1)

MUMBAI, INDIA, Aug. 22, 2023 (GLOBE NEWSWIRE) —  Lytus Technologies Holdings PTV. Ltd. (the “Company”) (NASDAQ:LYT), a leading global technology-driven services company, today announced that on August 17, 2023, it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“NASDAQ”) indicating that the Company was not in compliance with NASDAQ Listing Rule 5250(c)(1) for continued listing (the “Rule”) because the Company had not yet filed its Annual Report of Foreign Private Issuer on Form 20-F for the fiscal year ended March 31, 2023 (the “Form 20-F”). The Notice provided that the Company had 60 calendar days from receiving the Notice to submit a plan to regain compliance with NASDAQ’s continued listing requirements. On August 18, 2023, the Company filed the Form 20-F, and on...

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Exodus Reports Second Quarter 2023 Results

OMAHA, Neb., Aug. 22, 2023 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (tZERO: EXOD), (“the Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, has announced its fiscal 2023 results for the second quarter ended June 30, 2023. The Company reported second quarter revenue of $12.4 million and net income of $1.9 million. Second Quarter 2023 Financial Highlights In USD millions, except percentages Q2 2023 Q2 2022 (restated)) % Change H1 2023 H1 2022 (restated) % Change Revenue $12.4 $13.0 (4%) $25.7 $28.4 (9%) Total Cost of Revenues 7.1 7.6 (6%) 14.0 15.2 (8%) Operating Expenses 3.8 23.8 (84%) 9.3 36.9 (75%) Income / (Loss) from Operations 1.5 (18.4) – 2.5 (23.7) – Operating Margin 12% (142%) – 10% (83%) – Net Income (Loss) $1.9 ($14.9)   $2.7 ($18.2)   Adjusted EBITDA1 $4.1 ($4.5)   $7.6 ($3.8)                 “Exodus...

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