Day: August 29, 2024

Can-Fite Reports First Half 2024 Financial Results & Progress in Two Pivotal Phase III Clinical Studies

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

RAMAT GAN, Israel, Aug. 29, 2024 (GLOBE NEWSWIRE) — Can-Fite BioPharma Ltd. (NYSE American: CANF) (TASE: CANF), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address oncological and inflammatory diseases, today announced financial results and clinical updates for H1 2024. H1 2024 HighlightsExercise of Warrants for Approximately $5.0 Million in Gross Proceeds – in August, the Company announced the exercise of certain outstanding warrants to purchase up to an aggregate of 2,857,143 American Depositary Shares (ADSs), having an exercise price of $1.75 per ADS, issued by Can-Fite in January 2023 and November 2023. In consideration for the immediate exercise of the warrants for cash, the Company issued new unregistered warrants to purchase up to 5,714,286 ADSs. Piclidenoson Drug Candidate –Positive...

GURU Organic Energy to Report Third Quarter 2024 Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

MONTREAL, Aug. 29, 2024 (GLOBE NEWSWIRE) — GURU Organic Energy Corp. (TSX: GURU) (“GURU” or the “Company”), Canada’s leading organic energy drink brand1, will report its financial results for the third quarter ended July 31, 2024, on Thursday, September 12, 2024, before markets open. Management will hold a conference call to discuss its financial results the same day at 10:00 a.m. ET. The conference call will include a Q&A period open exclusively to financial analysts who are invited to participate by using the dial-in number provided below. Other interested parties are invited to participate in the call on a listen-only basis and are encouraged to do so via live audio webcast, which will be available on GURU’s website. Conference call and webcast details:Thursday, September 12, 2024, at 10:00 a.m. ET Via webcast:...

MasterCraft Boat Holdings, Inc. Reports Fiscal 2024 Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

VONORE, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) — MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 fourth quarter and year ended June 30, 2024. Subsequent to June 30, 2024, we agreed to transfer rights to our Aviara brand of luxury dayboats and related assets to a third party. The transaction is subject to customary closing conditions, and is expected to close in the first quarter of fiscal 2025. We intend to classify Aviara as discontinued operations beginning in the first quarter of fiscal 2025. The overview, commentary, and results provided herein relate to our continuing operations. Fourth Quarter Overview:Net sales for the fourth quarter were $67.2 million, down 59.7% from the prior-year period Non-cash impairment charges of $9.8 million related to our Aviara segment Net...

Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2024 Financial Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

~ Comparable Store Sales increased 5.8% ~ ~ Earnings per Share increased 16.2% to $0.79 ~ ~ Adjusted Earnings per Share increased 16.4% to $0.78 ~ ~ Raising Fiscal Year Sales and Earnings Outlook ~ HARRISBURG, Pa., Aug. 29, 2024 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the second quarter ended August 3, 2024. Second Quarter Summary: Total net sales increased 12.4% to $578.4 million. Comparable store sales increased 5.8% from the prior year increase of 7.9%. The Company opened nine new stores, ending the quarter with 525 stores in 31 states, a year-over-year increase in store count of 8.9%. Operating income increased 15.6% to $60.8 million and operating margin increased 30 basis points to 10.5%. Net income increased 16.1% to $49.0 million,...

EDAP to Participate in the H.C. Wainwright 26th Annual Global Investment Conference

Written by Customer Service on August 29, 2024. Posted in Public Companies.

LYON, France, August 29, 2024 – EDAP TMS SA (Nasdaq: EDAP), the global leader in robotic energy-based therapies, announced that Ryan Rhodes, Chief Executive Officer, is scheduled to participate in a fireside chat and host 1×1 investor meetings at the H.C. Wainwright 26th Annual Global Investment Conference, which is being held September 9-11, 2024, in New York City. Date: Tuesday, September 10th Time: 3:00-3:30 PM ET Location: Lotte New York Palace Hotel Webcast: https://journey.ct.events/view/e6563ee2-f715-420c-b29f-ccf7202cc9bd The live and archived webcast of the presentation can be accessed in the Investors section of the Company’s website here. About EDAP TMS SAA recognized leader in the global therapeutic ultrasound market, EDAP TMS develops, manufactures, promotes and...

SSCP Lager Bidco AB (publ) – Interim report for second quarter 2024

Written by Customer Service on August 29, 2024. Posted in Public Companies.

SSCP Lager Bidco AB (publ) – Interim report for second quarter 2024 Date: 29th of August 2024SSCP Lager BidCo AB (publ) –Interim report for the period 1 April – 30 June 2024. Today SSCP Lager Bidco AB (publ) published the interim report for the second quarter, the report can be downloaded on www.logent.se or via the link below. For more information, please contact:Andrzej Kulik, CFO, telephone number: +46 73 8 15 67 00, andrzej.kulik@logent.se or Linda Aidanpää Baronnet, CEO, telephone number: +46 70 785 87 25, linda.aidanpaa@logent.se This press release was published on 29th of August at CET 14:00 This information is information that SSCP Lager BidCo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at...

Pasinex Announces Filing of 2024 Second Quarter Financial Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) announces that the Company has filed its financial statements, management’s discussion and analysis, and related certifications for the three and six months ended June 30, 2024 (collectively, the “Second Quarter Results”) on SEDAR+. Second Quarter Financial Results Cautionary Note The Company has not completed a current technical report that includes a mineral resource estimate as defined by the Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council, and procedures for classifying the reported Mineral Resources were undertaken within the context of the Canadian Securities Administrators National Instrument 43-101...

Malibu Boats, Inc. Announces Fourth Quarter Fiscal 2024 Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

LOUDON, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) — Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2024. Fourth Quarter Fiscal 2024 Highlights Compared to Fourth Quarter Fiscal 2023Net sales decreased 57.4% to $158.7 million Unit volume decreased 59.0% to 1,045 units Gross profit decreased 87.8% to $12.5 million General and administrative expenses decreased to $21.6 million Net loss increased 8.6% to a net loss of $19.6 million Adjusted EBITDA decreased 104.5% to $(4.1) million Net loss available to Class A Common Stock per share (diluted) increased 9.3% to a net loss of $0.94 per share Adjusted fully distributed net income per share decreased 113.1% to $(0.39) per share on a fully distributed weighted average share count of 21.0 million shares of Class...

Onex Partners to Acquire Farsound

Written by Customer Service on August 29, 2024. Posted in Mergers And Acquisitions.

TORONTO and BRENTWOOD, England, Aug. 29, 2024 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced that the Onex Partners Opportunities Fund has agreed to acquire Farsound, a leading global supply chain solutions provider for the aerospace engine maintenance, repair and overhaul (“MRO”) market. The investment has been made in partnership with Farsound’s management team, led by Chief Executive Officer Chris Knott. Financial terms were not disclosed. Headquartered in Brentwood, England, Farsound is focused on the procurement, supply, and inventory management of high-volume consumable hardware components for aerospace engine overhauls. The Company acts as a strategic partner to leading engine MRO providers, supporting key commercial engine platforms. Farsound enhances operational efficiency and engine turnaround...

Tims China Announces Second Quarter 2024 Financial Results

Written by Customer Service on August 29, 2024. Posted in Earnings Releases And Operating Results.

Achieved First-ever Quarterly Adjusted Corporate EBITDA1 Profitability Generated Highest-ever Adjusted Store EBITDA Margin of 10.3% SHANGHAI and NEW YORK, Aug. 29, 2024 (GLOBE NEWSWIRE) — TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”), today announced its unaudited financial results for the second quarter 2024. SECOND QUARTER 2024 HIGHLIGHTSTotal revenues of RMB366.8 million (USD50.5 million), representing a 10.9% decrease from the same quarter of 2023.System sales2 of RMB403.8 million (USD55.6 million), representing a 1.6% increase from the same quarter of 2023.Net new store openings for franchised stores totaled 31 for the quarter (one systemwide net new store opening, as certain company-owned underperforming stores were closed and we...

Day: August 29, 2024

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