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Remark Holdings Reports Fiscal Year 2019 Results

Retrieved on: 
Thursday, May 28, 2020

LAS VEGAS, May 28, 2020 /PRNewswire/ --Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, today announced financial results for its fiscal year ended December 31, 2019.

Key Points: 
  • LAS VEGAS, May 28, 2020 /PRNewswire/ --Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, today announced financial results for its fiscal year ended December 31, 2019.
  • "We spent the last three months of 2019 repositioning our business for success in 2020 by streamlining costs and focusing on recurring revenue generating lines of business," said Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings.
  • Revenue for fiscal 2019 was $5.0 million, down from $10.1 million during fiscal 2018.
  • Operating loss declined to $22.8 million in fiscal 2019 from $44.5 million in fiscal 2018 commensurate with the cost and expense declines.

Giga-tronics Reports Results for Q4 FY 2020 and FY 2020

Retrieved on: 
Thursday, May 28, 2020

Revenue for the fourth fiscal quarter ended March 28, 2020 was $2.6 million, as compared to $3.5 million for the same period of fiscal 2019.

Key Points: 
  • Revenue for the fourth fiscal quarter ended March 28, 2020 was $2.6 million, as compared to $3.5 million for the same period of fiscal 2019.
  • The Company recorded an EBITDA loss of ($446,000) for the fourth quarter compared to EBITDA of $392,000 for the same quarter in fiscal 2019.
  • Revenue for the year ended March 28, 2020 was $11.8 million, an increase of 6% compared to $11.1 million for the year ended March 30, 2019.
  • Both the fiscal 2020 net loss attributable to common shareholders and EBITDA were adversely impacted by the temporary fourth quarter closure described above.

22Miles Announces Integration Partnership with Mersive

Retrieved on: 
Thursday, May 28, 2020

Mersive Technologies, a leader in collaboration software and solutions for meeting and learning spaces, joined forces with 22Miles to bolster their own partner integration initiatives to ensure that both companies create more opportunities for their customers.

Key Points: 
  • Mersive Technologies, a leader in collaboration software and solutions for meeting and learning spaces, joined forces with 22Miles to bolster their own partner integration initiatives to ensure that both companies create more opportunities for their customers.
  • Solstice Cloud allows any Solstice Pod to play 22Miles signage feeds, extending on-screen playback to Solstice-enabled meeting and learning spaces.
  • 22Miles EVP Tomer G. Mann has been intricately involved in the expansion of 22Miles ongoing technology partnerships initiative.
  • Providing value and benefits to our users is truly our top priority," Emery commented as the partnership with 22Miles was cemented.

Monro, Inc. Announces Fourth Quarter and Fiscal 2020 Financial Results

Retrieved on: 
Thursday, May 28, 2020

Sales for the fourth quarter of the fiscal year ended March 28, 2020 (fiscal 2020) decreased 0.4% to $286.1 million, as compared to $287.2 million for the fourth quarter of the fiscal year ended March 30, 2019 (fiscal 2019).

Key Points: 
  • Sales for the fourth quarter of the fiscal year ended March 28, 2020 (fiscal 2020) decreased 0.4% to $286.1 million, as compared to $287.2 million for the fourth quarter of the fiscal year ended March 30, 2019 (fiscal 2019).
  • Interest expense was $7.1 million for the fourth quarter of fiscal 2020, as compared to $6.8 million for the fourth quarter of fiscal 2019.
  • Diluted loss per share for the fourth quarter of fiscal 2020 was $.12, compared to diluted earnings per share of $.50 in the fourth quarter of fiscal 2019.
  • During the fourth quarter of fiscal 2020, the Company opened three company-operated stores and closed nine company-operated stores, ending the quarter with 1,283 company-operated stores and 98 franchised locations.

Sanderson Farms, Inc. Reports Results for Second Quarter of Fiscal 2020

Retrieved on: 
Thursday, May 28, 2020

Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for its second fiscal quarter and six months ended April 30, 2020.

Key Points: 
  • Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for its second fiscal quarter and six months ended April 30, 2020.
  • Net sales for the second quarter of fiscal 2020 were $844.7 million compared with $845.2 million for the same period a year ago.
  • Results for the second fiscal quarter of 2020 include a net discrete income tax benefit of approximately $37.4 million related to the net operating loss carry-back provisions allowed by the CARES Act, which became law during the second fiscal quarter.
  • The financial results for our second quarter of fiscal 2020 reflect the impact of the extraordinary challenges caused by the COVID-19 pandemic.

Hamilton Lane Incorporated Reports Strong Fourth Quarter and Fiscal Year 2020 Results, With Management & Advisory Fees Growing by Over 12% and Assets Under Management Growing by 12% Year-Over-Year

Retrieved on: 
Thursday, May 28, 2020

Assets under management Total assets under management of approximately $69 billion grew 12% year-over-year.

Key Points: 
  • Assets under management Total assets under management of approximately $69 billion grew 12% year-over-year.
  • Revenue Management and advisory fees increased over 12% to approximately $245 million for fiscal 2020.
  • Hamilton Lane issued a full detailed presentation of its fourth quarter and fiscal year 2020 results, which can be accessed by clicking here .
  • Hamilton Lane will discuss fourth quarter and full fiscal year 2020 results in a webcast and conference call today, Thursday, May 28, 2020, at 11:00 a.m. Eastern Time.

Premium Father’s Day Gift Ideas from Hickory Farms: Craft Beer Gift Basket, Filets, A Salami Bouquet and More

Retrieved on: 
Wednesday, May 27, 2020

The Hickory Farms Fathers Day Collection includes premium gifts that consumers wont find anywhere else, including a Fathers Day California Craft Beer Gift Basket , a 6 oz.

Key Points: 
  • The Hickory Farms Fathers Day Collection includes premium gifts that consumers wont find anywhere else, including a Fathers Day California Craft Beer Gift Basket , a 6 oz.
  • Fathers Day California Craft Beer Gift Basket * - Celebrate Father's Day by sharing a taste of California's best breweries with the craft beer lover in your life!
  • Fathers Day Favorites Gift Box - A gift box filled with bold, savory flavors is the perfect way to celebrate Father's Day!
  • Premium Fathers Day Gift Set - Celebrate Dad with a delicious meat and cheese Father's Day gift!

CorVel Announces Revenues and Earnings

Retrieved on: 
Wednesday, May 27, 2020

Earnings per share for the quarter ended March 31, 2020 were $0.64; earnings per share were $0.63 in the same quarter of the prior year.

Key Points: 
  • Earnings per share for the quarter ended March 31, 2020 were $0.64; earnings per share were $0.63 in the same quarter of the prior year.
  • Revenues for the quarter ended March 31, 2020 were $147 million, a decrease from revenues of $151 million in the same quarter of the prior year.
  • Earnings per share for the fiscal year ended March 31, 2020 were $2.55, an increase of 3.7% from earnings per share of $2.46 for fiscal year ended March 31, 2019.
  • Revenues for the fiscal year ended March 31, 2020 were $592 million, and were $596 million for the fiscal year ended March 31, 2019.

Hunt Heroes Foundation Supports wear blue: run to remember Virtual Memorial Day Event

Retrieved on: 
Monday, May 25, 2020

EL PASO, Texas, May 25, 2020 /PRNewswire/ --Hunt Heroes Foundation, the non-profit organization founded by Hunt Military Communities (HMC), is excited to announce its support of the wear blue: run to remember Memorial Day event.

Key Points: 
  • EL PASO, Texas, May 25, 2020 /PRNewswire/ --Hunt Heroes Foundation, the non-profit organization founded by Hunt Military Communities (HMC), is excited to announce its support of the wear blue: run to remember Memorial Day event.
  • Since 2018, Hunt Heroes Foundation (HHF) has supported wear blue: run to remember through fundraising, generous donations, and annually supporting this Memorial Day event.
  • Participants are asked to speak their hero's name on Memorial Day and take purposeful steps to serve as a living memorial for those fallen heroes.
  • To find out how you can be more involved in wear blue: run to remember or the Hunt Heroes Foundation, visit www.wearblueruntoremember.org or huntheroesfoundation.org .

International Missing Children's Day brings focus to cases of missing children

Retrieved on: 
Monday, May 25, 2020

CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) -- May 25 is International Missing Children Day, a day that is marked around the world to remember children who are missing and those who have been found.

Key Points: 
  • CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) -- May 25 is International Missing Children Day, a day that is marked around the world to remember children who are missing and those who have been found.
  • The Missing Children Society of Canada (MCSC), uses this day to draw attention to cases of missing children across Canada, with a solemn reminder that children everywhere deserve to feel safe each day of the year.
  • In 2001, May 25 was officially recognized as International Missing Children's Day, thanks to a joint effort between the International Centre for Missing & Exploited Children, Missing Children Europe and the European Commission.
  • The Missing Children Society of Canada urges everyone to join in the search for missing children.