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Month: August 2023

SELLAS Life Sciences Provides Business Update and Reports Second Quarter 2023 Financial Results

First Patients Dosed in Phase 2a Clinical Trial of SLS009 (formerly GFH009) in Acute Myeloid Leukemia with Topline Data Expected in 4Q 2023 Phase 3 REGAL Study of Galinpepimut-S in Patients with Acute Myeloid Leukemia on Track for Interim Analysis by Late 2023/Early 2024 REGAL Independent Data Monitoring Committee to Meet in 3Q 2023 NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) — SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) (“SELLAS’’ or the “Company”), a late-stage clinical biopharmaceutical company focused on the development of novel therapies for a broad range of cancer indications, today provided a business update and reported its financial results for the quarter ended June 30, 2023. “We are pleased with the solid progress across our clinical programs in the first half of the year. We expect to complete enrollment in our Phase...

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Inotiv Reports Third Quarter Financial Results for Fiscal 2023 and Provides Business Update

Conference call begins today at 4:30 pm ET WEST LAFAYETTE, Ind., Aug. 10, 2023 (GLOBE NEWSWIRE) — Inotiv, Inc. (Nasdaq: NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced financial results for the three months (“Q3 FY 2023”) and nine months (“YTD FY 2023”) ended June 30, 2023. Financial Highlights Q3 FY 2023 HighlightsRevenue was $157.5 million in Q3 FY 2023 as compared to $172.7 million during the three months ended June 30, 2022 (“Q3 FY 2022”), driven by a $2.4 million, or 5.0%, decrease in Discovery and Safety Assessment (“DSA”) revenue and a $12.7 million, or 10.3%, decrease in Research Models and Services (“RMS”) revenue. Consolidated...

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Shift Announces Second Quarter Results

SAN FRANCISCO, Aug. 10, 2023 (GLOBE NEWSWIRE) — Shift Technologies, Inc. (Nasdaq: SFT) (“Shift” or the “Company”), a consumer-centric omnichannel retailer for buying and selling used cars, today reported second quarter financial results for the period ended June 30, 2023. Management’s commentary on second quarter financial results can be found by accessing the Company’s prepared remarks on investors.shift.com, or by listening to today’s conference call. A live audio webcast will also be available on Shift’s Investor Relations website. The following represents a summary of certain operating results (unaudited). Reconciliations and descriptions of non-GAAP financial measures to corresponding GAAP financial measures are included in the tables at the end of this press release. Second Quarter 2023 Operating ResultsTotal revenue for...

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Genasys Inc. Reports Fiscal Third Quarter 2023 Financial Results

Genasys Protect Re-Brand and Launch Underway SAN DIEGO, Aug. 10, 2023 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the leader in Protective Communications solutions, today announced financial results for the Company’s fiscal third quarter ended June 30, 2023. Richard S. Danforth, Chief Executive Officer of Genasys, Inc., commented, “As expected, revenues for the June quarter improved versus the second quarter and were in line with the year-ago quarter. Adjusted EBITDA improved sequentially but was lower year over year, reflecting the ongoing investment in Genasys Protect. With recurring revenue up 47% year over year, and year-to-date software bookings up 180%, I am more confident than ever in our strategic investment in diversifying our business.”  Mr. Danforth continued, “The steady growth and expansion of our recurring software...

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ATA Creativity Global Reports 2023 Second Quarter Financial Results

Conference Call on Thursday, August 10, 2023, at 9 p.m. ET with Accompanying Investor Presentation BEIJING, Aug. 10, 2023 (GLOBE NEWSWIRE) — ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced preliminary unaudited financial results for the quarter and six months ended June 30, 2023 (“Second Quarter 2023” and “First Half 2023”, respectively). Second Quarter 2023 and First Half 2023 HighlightsDuring Second Quarter 2023, student enrollment was 928, compared to 1,018 in the prior-year period. Excluding the 155 enrollments from the foreign language training business ACG disposed of in Third Quarter 2022, student enrollment increased by 7.5% compared to the prior-year...

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Altus Group Reports Q2 2023 Financial Results and Quarterly Dividend

Analytics Recurring New Bookings* increased sequentially and year-over-year; successfully managed through Property Tax jurisdictional reset and delivered double-digit growth at Analytics TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus” or “the Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate (“CRE”), announced today its financial and operating results for the second quarter ended June 30th, 2023 and the approval by its Board of Directors of the payment of a cash dividend of $0.15 per common share for the third quarter ending September 30, 2023. Unless otherwise indicated, all amounts are in Canadian dollars and percentages are on an as reported basis in comparison to Q2 2022. Q2 2023 SummaryConsolidated revenues were $205.2 million, down 0.6% (4.1% on a...

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Canterbury Park Holding Corporation Reports 2023 Second Quarter Results

SHAKOPEE, Minn., Aug. 10, 2023 (GLOBE NEWSWIRE) — Canterbury Park Holding Corporation (“Canterbury” or the “Company”) (NASDAQ: CPHC), today reported financial results for the three and six months ended June 30, 2023. ($ in thousands, except per share data and percentages)  Three Months Ended June 30,   Six Months Ended June 30,    2023     2022   Change     2023     2022   ChangeNet revenues $ 16,342   $ 17,774   -8.1 %   $ 29,641   $ 31,412   -5.6 %                       Net income $ 5,293   $ 1,755   201.6 %   $ 8,063   $ 3,529   128.5 %                       Adjusted EBITDA (1) $ 2,020   $ 3,564   -43.3 %   $ 4,502   $ 7,111   -36.7 %                       Basic EPS $ 1.08   $ 0.36   200.0 %   $ 1.64   $ 0.73   124.7 %Diluted EPS $ 1.07   $ 0.36   197.2 %   $ 1.64   $ 0.73   124.7 %                                   (1)   Adjusted...

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OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces Second Quarter Earnings

Fort Lauderdale, FL, Aug. 10, 2023 (GLOBE NEWSWIRE) — OptimumBank Holdings, Inc. (NASDAQ: OPHC) and subsidiary OptimumBank today announced the company’s total assets increased by approximately $47 million to $633 million as of June 30, 2023 from $585 million at December 31, 2022, primarily due to increases in loans, and cash and cash equivalents. The growth in assets was attributable to the success of the Company’s efforts to increase loans and deposits from new customers. Net loans grew by $42 million to $519 million at June 30, 2023 from $477 million at December 31, 2022. Deposits grew by approximately $44 million to $552 million at June 30, 2023, from $477 million at December 31, 2022. The Company maintained the Federal Home Loan Bank advances at $10 million during the first six month of 2023. Total stockholders’ equity increased...

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GMG Announces Pricing of Marketed Unit Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES BRISBANE, Australia, Aug. 10, 2023 (GLOBE NEWSWIRE) — Graphene Manufacturing Group Ltd. (TSX-V: GMG) (“GMG” or the “Company”) is pleased to announce pricing of its previously announced marketed offering (the “Offering”) of units (the “Units”) of the Company. Pursuant to the Offering, the Company will issue 1,764,706 Units at a price of $1.70 per Unit for aggregate gross proceeds to the Company of approximately $3 million. Each Unit will consist of one ordinary share of the Company (a “Common Share”) and one-half of one ordinary share purchase warrant (each whole ordinary share purchase warrant, a “Warrant”). Each whole Warrant will entitle the holder to acquire one ordinary share of the...

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MISTRAS Group to Participate in Sidoti Micro-Cap Virtual Conference on August 16-17, 2023

Management Presentation to Be Webcast Live at 10:00 AM ET on August 17 PRINCETON JUNCTION, N.J., Aug. 10, 2023 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” multinational provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be presenting at the Sidoti Micro-Cap Virtual Conference, being held from August 16-17, 2023. The presentation will begin at 10:00 AM ET on August 17. To register to attend and access the presentation, please visit https://sidoti.zoom.us/webinar/register/WN_wP6Elnd0Tq-oPyIhr9cEZg#/registration. Management will also be available for one-on-one meetings throughout the...

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