Earnings before interest, taxes, depreciation, and amortization

urban-gro Announces Financial Results for 2020 Second Quarter

Retrieved on: 
Thursday, August 13, 2020
Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit

- As noted above, loss from operations improved by $400,000 in Q2 2020 as compared to Q2 2019.

Key Points: 
  • - As noted above, loss from operations improved by $400,000 in Q2 2020 as compared to Q2 2019.
  • - Interest expense increased to $366,000 in Q2 2020 from $149,000 in Q2 2019 due to higher debt balances and interest rates.
  • On a Non-GAAP basis, Adjusted EBITDA was a negative $275,000 in Q2 2020, compared to a negative $710,000 in Q2 2019, and a negative $903,000 in Q1 2020.
  • The impacts of COVID-19 in the second quarter of 2020 continue to have a negative impact on our customers businesses, as well as ours.

OMNIQ Corp. Announces Second Quarter Financial Results 2020

Retrieved on: 
Thursday, August 13, 2020
Finance, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Money, OTC Markets Group

SALT LAKE CITY, Aug. 13, 2020 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (OMNIQ or the Company), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its second quarter financial results for the three and six-month period ended June 30, 2020.

Key Points: 
  • SALT LAKE CITY, Aug. 13, 2020 (GLOBE NEWSWIRE) -- OMNIQ Corp. (OTCQB: OMQS) (OMNIQ or the Company), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its second quarter financial results for the three and six-month period ended June 30, 2020.
  • The change in the product mix sold in second quarter 2020 resulted in a gross margin that was lower than first quarter 2020.
  • Total operating expenses for the second quarter of 2020 were $3.9 million as compared to $3.8 million in the second quarter of 2019.
  • Adjusted EBITDA for the second quarter of 2020 was a loss of $551 thousand compared to Adjusted EBITDA of $451 thousand in second quarter 2019.

Sonic Foundry Announces Fiscal 2020 Third Quarter Financial Results - Second Consecutive Quarter of Net Income

Retrieved on: 
Thursday, August 13, 2020
Video game characters, Films, Creative works, Platform games, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Sonic Foundry, Sonic

MADISON, Wis., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC: SOFO), the trusted leader for video creation and management solutions, today announced consolidated financial results for its fiscal 2020 third quarter ended June 30, 2020.

Key Points: 
  • MADISON, Wis., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (OTC: SOFO), the trusted leader for video creation and management solutions, today announced consolidated financial results for its fiscal 2020 third quarter ended June 30, 2020.
  • Recurring revenue of$5.6 millionwas70 percentof total revenue in thethirdquarter of2020, compared to$6.3 million, or63 percentof total revenue, in thethirdquarter of2019.
  • In this new video-centric world, Sonic Foundry is well positioned to help schools and organizations react quickly to meet their expanding communication needs with Mediasite.
  • A reconciliation of net loss to adjusted EBITDA for the third quarter ended June 30, 2020, and 2019 are included in the release.

Sierra Metals Reports Solid Consolidated Financial Results for the Second Quarter of 2020, Despite COVID-19 Interruptions

Retrieved on: 
Thursday, August 13, 2020
Mining, Minerals, Natural Resources, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Metal

Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (Sierra Metals or the Company) today reported solid consolidated financial results despite the effects of the COVID-19 pandemic, including a strong performance from the Bolivar Mine.

Key Points: 
  • Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (Sierra Metals or the Company) today reported solid consolidated financial results despite the effects of the COVID-19 pandemic, including a strong performance from the Bolivar Mine.
  • Yauricochas cash costs declined 22% quarter over quarter due to lower operating costs per tonne.
  • The Yauricocha Mine generated positive EBITDA during the quarter, despite the 20% lower throughput as compared to the same quarter of 2019.
  • We achieved remarkable results and reported solid revenue, cashflow and positive EBITDA in the second quarter despite the negative implications of the COVID-19 related shutdowns.

Pivot Technology Solutions, Inc. Announces Second Quarter 2020 Results

Retrieved on: 
Thursday, August 13, 2020
Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, PTG

TORONTO, Aug. 13, 2020 /CNW/ - Pivot Technology Solutions, Inc. (TSX: PTG), ("Pivot", "Company"), a full-service information technology provider, today announced financial results for the three and six months ended June 30, 2020.

Key Points: 
  • TORONTO, Aug. 13, 2020 /CNW/ - Pivot Technology Solutions, Inc. (TSX: PTG), ("Pivot", "Company"), a full-service information technology provider, today announced financial results for the three and six months ended June 30, 2020.
  • "The second quarter of 2020 was highlighted by economic uncertainty as the world adapted to the challenges presented by COVID-19.
  • Pivot Provided Services continued on its growth path and grew 12.1% in the second quarter compared to the prior year and increased sequentially.
  • The improved efficiency of our business and growth in Pivot Provided Services enabled us to generate $7.4 million dollars in Adjusted EBITDA in the second quarter."

Eastside Reports Second Quarter 2020 Financial Results

Retrieved on: 
Thursday, August 13, 2020
Finance, Money, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Reconciliation, GAAP, Economy

Likewise, as the shutdowns diminish, Eastside plans to expand upon these programs to support its off-premise accounts.

Key Points: 
  • Likewise, as the shutdowns diminish, Eastside plans to expand upon these programs to support its off-premise accounts.
  • Eastside Distilling's management evaluates and makes operating decisions using various financial metrics.
  • In addition to the Company's GAAP results, management also considers the non-GAAP measure of adjusted EBITDA as a supplement to GAAP results.
  • The table below provides a reconciliation of this non-GAAP financial measure with the most directly comparable GAAP financial measure.

News Release Omni-Lite Industries Reports Second Quarter and First Half Fiscal 2020 Results and Announces Conference Call for Investors to Be Held on August 17, 2020

Retrieved on: 
Thursday, August 13, 2020
Finance, Money, Brooklyn, Jacksonville, Credit scoring, fis, Earnings before interest, taxes, depreciation, and amortization, Economy

Second quarter fiscal 2020 revenue was US$1.6 million, representing a 37% decrease compared to second quarter of fiscal 2019 of US$2.6 million.

Key Points: 
  • Second quarter fiscal 2020 revenue was US$1.6 million, representing a 37% decrease compared to second quarter of fiscal 2019 of US$2.6 million.
  • The second quarter fiscal 2020 decrease was largely attributable to lower commercial aerospace fastener component volume impacted by the COVID-19 pandemic.
  • Second quarter fiscal 2020 Adjusted EBITDA(1) was US($142,621) compared to US$380,616 in the second quarter fiscal 2019.
  • Free cash flow(1) was US$321,042 for the second quarter of fiscal 2020, compared to US$5,507 in second quarter of fiscal 2019.

Chicken Soup for the Soul Entertainment Reports Q2 2020 Results

Retrieved on: 
Thursday, August 13, 2020
Crackle, Sony Pictures Entertainment, Sony Pictures Television, Earnings before interest, taxes, depreciation, and amortization, Chicken Soup for the Soul, Finance, Publishing, Written communication

COS COB, Conn., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced its financial results for the second quarter ended June 30, 2020.

Key Points: 
  • COS COB, Conn., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced its financial results for the second quarter ended June 30, 2020.
  • Online networks, which include Crackle and Popcornflix, generated $5.4 million in net revenue compared to $10.0 million in the year-ago period.
  • Operating loss for the quarter ended June 30, 2020 was $13.1 million, compared to an operating loss of $3.0 million for the year-ago period.
  • Adjusted EBITDA for the quarter ended June 30, 2020 was $2.7 million, compared to $1.3 million in the same period last year.

Accolade Announces Results for Fiscal First Quarter 2021

Retrieved on: 
Thursday, August 13, 2020
Finance, Money, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Reconciliation, GAAP, Economy

(1) A reconciliation of GAAP to non-GAAP results has been provided in this press release in the accompanying tables.

Key Points: 
  • (1) A reconciliation of GAAP to non-GAAP results has been provided in this press release in the accompanying tables.
  • Accolade provides forward-looking guidance on Revenue and Adjusted EBITDA.
  • Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance.
  • Accolade provides personalized health and benefits solutions designed to empower every person to live their healthiest life.

Ecoark Holdings, Inc. Announces Operating Results for Fiscal First Quarter of 2021;Reiterates Forecast for 1,000 BOPD

Retrieved on: 
Thursday, August 13, 2020
Economy, Petroleum industry, Articles, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Midstream, Business

The company has three wholly owned subsidiaries: Zest Labs, Inc. (Zest Labs), Banner Midstream Corp (Banner Midstream) and Trend Discovery Holdings (Trend Discovery).

Key Points: 
  • The company has three wholly owned subsidiaries: Zest Labs, Inc. (Zest Labs), Banner Midstream Corp (Banner Midstream) and Trend Discovery Holdings (Trend Discovery).
  • Banner Midstream also provides transportation and logistics services and procures and finances equipment to oilfield transportation services contractors.
  • In evaluating our business, we consider and use EBITDA as a supplemental measure of operating performance.
  • We compensate for these limitations by relying on U.S. GAAP results and using EBITDA and Adjusted EBITDA only as supplemental.