Month: September 2023

LUXEMBOURG, Sept. 07, 2023 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced certain preliminary unaudited financial results for July 2023, a status update on the July 2023 cost reduction plan, updated guidance for adjusted earnings before interest, tax, depreciation and amortization (“Adjusted EBITDA”) for the second half of 2023, and an updated Run-Rate scenario. “Altisource continues to execute on its strategy to recover from the impact of the pandemic. We believe our July 2023 Adjusted EBITDA(1) of $0.1 million, updated outlook for the third quarter of break-even to $1 million of Adjusted EBITDA(1), and outlook for full year 2023 positive Adjusted EBITDA(1) demonstrates our progress....

— Recorded First Quarter Revenue of $37.7 Million — — Signed $36 Million in Net New Business Orders Resulting in a Backlog of $189 Million — — Cell and Gene Therapy Facility Expansion Remains on Schedule for Opening by End of Calendar Q3 2023 — TUSTIN, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) — Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies, today announced financial results for the first quarter ended July 31, 2023. Highlights from the Quarter Ended July 31, 2023, and Other Events: “The first quarter was a continuation of the trajectory established during fiscal 2023. During...

Double-Digit Revenue Growth Drives Another Record Quarter DENVER, Sept. 07, 2023 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the third quarter ended July 31, 2023. Third Quarter Fiscal Year 2023 Highlights vs. Third Quarter of Fiscal Year 2022 (where applicable)  ● Revenue increased 16% to $120.7 million compared to $104.5 million.  ● Gross profit increased 18% to $49.5 million compared to $41.9 million.  ● Income from operations increased 38% to $19.5 million compared to $14.1 million.  ● Net income was $10.3 million compared to $13.0 million.  ● Net income attributable to common shareholders was $9.9 million or $0.18 per diluted share, compared...

Fourth Quarter Net Revenue of $34.9 Million, up 6 Percent Sequentially and down 3 Percent Year-Over-Year Fourth Quarter GAAP EPS of ($0.05) vs. $0.07 in the Prior Year Fourth Quarter Non-GAAP EPS of $0.06 vs. $0.08 in the Prior YearIRVINE, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) —  Lantronix Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for the Industrial Internet of Things (IoT) and the Intelligent IT market, today reported results for its fourth quarter of fiscal 2023. Net revenue totaled $34.9 million, up 6 percent sequentially and down 3 percent year-over-year. GAAP EPS of ($0.05), compared to $0.07 in the prior year and ($0.08) in the prior quarter. Non-GAAP EPS of $0.06, compared to $0.08 in the prior year and $0.06 in the prior quarter. Business Outlook For fiscal year 2024, the company continues...

LYNNWOOD, Wash., Sept. 07, 2023 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the second quarter ended July 29, 2023. Net sales for the second quarter ended July 29, 2023 (13 weeks) decreased 11.6% to $194.4 million from $220.0 million in the second quarter ended July 30, 2022 (13 weeks). Net loss in the second quarter of fiscal 2023 was $8.5 million, or $0.44 per diluted share, compared to net income of $3.1 million, or $0.16 per diluted share, in the second quarter of the prior fiscal year. Total net sales for the six months (26 weeks) ended July 29, 2023 decreased 14.4% to $377.3 million from $440.7 million reported for the six months (26 weeks) ended July 30, 2022. Net loss for the first six months...