Day: September 6, 2023
BOSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Park, the Company’s Chief Financial Officer, will participate in the following event:The Bank of America 2023 Gaming and Lodging Conference. The fireside chat is scheduled for 3:20PM ET on September 7, 2023.Registration and the live audio portion of the Bank of America 2023 Gaming and Lodging Conference can be accessed at the conference website or at DraftKings’ Investor Relations website.
About DraftKings
DraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman,...
Host Hotels & Resorts Provides Update on Maui Wildfires and Other Recent Weather Events
Written by Customer Service on . Posted in Public Companies.
BETHESDA, Md., Sept. 06, 2023 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today provided an update regarding the impact of the Maui wildfires and other recent weather events on its hotels and the communities where they operate.
As the largest hotel real estate owner on Maui with a presence for over 20 years, Host Hotels & Resorts shares a deep connection to the island’s people and culture. Lahaina has long been revered as a sacred place and home to some of the island’s most precious historical and cultural assets. The August wildfires touched everyone on the island and the Company’s hotels are partnering together to support the safety and wellbeing of the Maui community.
The Company’s hotels are providing food and shelter for...
Hepion Pharmaceuticals Announces Management Changes
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EDISON, N.J., Sept. 06, 2023 (GLOBE NEWSWIRE) — Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), a clinical stage biopharmaceutical company focused on Artificial Intelligence (“AI”)-assisted therapeutic drug development for the treatment of non-alcoholic steatohepatitis (“NASH”), fibrotic diseases, hepatocellular carcinoma (“HCC”), and other chronic diseases, announced that Stephen Harrison, M.D., has been appointed as Consultant Medical Director. Dr. Harrison, the current Chairman of Hepion’s Scientific Advisory Board (“SAB”), succeeds Todd Hobbs, M.D., who has provided notice to the Company of his resignation as Chief Medical Officer, effective September 29, 2023.
Dr. Harrison previously served as Hepion’s Consultant Medical Director from October 2019 until February 2021. He is currently a Visiting Professor of Hepatology at the Radcliffe...
Bioventus to Present at the Morgan Stanley 21st Annual Global Healthcare Conference
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DURHAM, N.C., Sept. 06, 2023 (GLOBE NEWSWIRE) — Bioventus Inc. (Nasdaq: BVS), a global leader in innovations for active healing, today announced that Tony Bihl, interim chief executive officer, will participate in a fireside chat at the Morgan Stanley Global Healthcare Conference on Wednesday, September 13, 2023, at 8:50 a.m. ET.
A live audio webcast of the fireside chat will be available on the “Investors” section of the Company’s website at www.bioventus.com and will be available for replay on that site following the event.
About BioventusBioventus delivers clinically proven, cost-effective products that help people heal quickly and safely. Its mission is to make a difference by helping patients resume and enjoy active lives. The Innovations for Active Healing from Bioventus include offerings for Pain Treatments, Restorative...
Streamline Health® To Report Second Quarter 2023 Financial Performance and Provide Corporate Update
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Atlanta, GA, Sept. 06, 2023 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (“Streamline” or the “Company”) (Nasdaq: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced that it will release its financial results for the three month period ended July 31, 2023 on Wednesday September 13, 2023 after the close of the financial markets.
The Company will conduct a conference call on Thursday, September 14, 2023, at 9:00 AM ET to review results and provide a corporate update. Interested parties can access the call by joining the live webcast: click here to register. You can also join by phone by dialing 877-407-8291. Following the conference call, management will host 1×1 meetings at the Lake Street Capital Markets 7th...
Transcontinental Inc. Announces Results for the Third Quarter of Fiscal 2023
Written by Customer Service on . Posted in Public Companies.
HighlightsLower volume in the Packaging and Printing Sectors, partially offset by the positive impact of actions implemented to adjust our cost structure.
Revenues of $706.7 million for the quarter ended July 30, 2023; operating earnings of $39.2 million; and net earnings attributable to shareholders of the Corporation of $20.9 million ($0.24 per share).
Adjusted operating earnings before depreciation and amortization(1) of $107.9 million for the quarter ended July 30, 2023; adjusted operating earnings(1) of $70.2 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $44.0 million ($0.51 per share).
On August 22, 2023, announced a major investment to accelerate the commercialization of innovative recyclable flexible packaging.(1) Please refer to the section entitled “Non-IFRS Financial Measures”...
The Joint Corp. Provides Updates on the June 30, 2023 SEC 10-Q Filing
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SCOTTSDALE, Ariz., Sept. 06, 2023 (GLOBE NEWSWIRE) — The Joint Corp. (NASDAQ: JYNT), a national operator, manager, and franchisor of chiropractic clinics, announced the company intends to restate previously issued audited financial statements as of and for the year ending December 31, 2022 contained in the Annual Report on Form 10-K for the year ended December 31, 2022 and the unaudited interim financial statements contained in the Quarterly Reports on Form 10-Q for the quarters and cumulative periods ended June 30, 2022, and September 30, 2022 (the “Previously Issued Financial Statements”) related to the reacquisition of regional developer rights and transfer pricing adjustments for the Company’s variable interest entities.
Background and Determination
The Company enters into agreements with its regional developers (the “RD Agreements”)....
Intact Financial Corporation and RSA to acquire Direct Line Insurance Group plc’s brokered Commercial Lines operations
Written by Customer Service on . Posted in Mergers And Acquisitions.
Not for distribution to U.S. Newswire services or for dissemination in the United States
Strengthening RSA’s leading UK Commercial Lines platformEnhances the profitability and growth profile of the UK & International (UK&I) business through increased focus on Royal & Sun Alliance Insurance Limited’s (RSA) outperforming Commercial Lines business
Increases RSA’s presence in the attractive UK Commercial Lines market, where it will become the third largest player with an estimated 7% market share
Broadens RSA’s broker distribution network and expands our current Commercial Lines product offering
Accretive to Net Operating Income Per Share (NOIPS)1 in 2024, with low single-digit accretion by Year 3
Expected Internal Rate of Return (IRR)2 in excess of 15% and immediately accretive to Book Value Per Share (BVPS)3 by 2%
Strategic...
Intapp Announces Fourth Quarter and Full Fiscal Year 2023 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Fourth quarter SaaS and support revenue of $67.8 million, up 29% year-over-year
Fourth quarter total revenue of $94.6 million, up 25% year-over-year
Cloud annual recurring revenue (ARR) of $222.3 million, up 36% year-over-yearPALO ALTO, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) — Intapp, Inc. (NASDAQ: INTA), a leading provider of cloud software for the global professional and financial services industry, announced its financial results for the fourth quarter and full fiscal year ended June 30, 2023. Intapp also provided its outlook for the first quarter and full fiscal year of 2024.
“We are pleased to report another strong year, with great results across the business and steady demand for our purpose-built cloud solutions,” said John Hall, CEO of Intapp. “This year we added new clients, grew existing relationships, released new...
GameStop Discloses Second Quarter 2023 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
GRAPEVINE, Texas, Sept. 06, 2023 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the second quarter ended July 29, 2023. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below. The Company’s Form 10-Q and supplemental information can be found at https://investor.gamestop.com.
SECOND QUARTER OVERVIEWNet sales were $1.164 billion for the period, compared to $1.136 billion in the prior year’s second quarter.
Selling, general and administrative (“SG&A”) expenses were $322.5 million, or 27.7% of net sales for the period, compared to $387.5 million, or 34.1% of net sales, in the prior year’s second quarter.
Net loss was $2.8 million for the period, compared to a net loss of $108.7 million for...