Fundamental analysis

AMSC Reports First Quarter Fiscal Year 2021 Financial Results and Provides Business Outlook

Retrieved on: 
Wednesday, August 4, 2021
Cash flow, Corporate finance, Fundamental analysis

We delivered a very strong start to fiscal 2021, said Daniel P. McGahn, Chairman, President and CEO, AMSC.

Key Points: 
  • We delivered a very strong start to fiscal 2021, said Daniel P. McGahn, Chairman, President and CEO, AMSC.
  • Grid segment revenues grew over 30% versus year ago results and were, in fact, the highest we have ever reported.
  • For the second quarter ending September 30, 2021, AMSC expects that its revenues will be in the range of $24million to $27million.
  • The Company expects operating cash flow to be a burn of $4million to $6million in the second quarter of fiscal 2021.

ICU Medical, Inc. Announces Second Quarter 2021 Results

Retrieved on: 
Wednesday, August 4, 2021
Fundamental analysis, Finance, Money, Corporate finance, Economy, Earnings before interest, taxes, depreciation and amortization, Private equity, Profit, Earnings per share, GAAP, Financial ratio

The non-GAAP financial measures should be considered supplemental to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.

Key Points: 
  • The non-GAAP financial measures should be considered supplemental to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP.
  • Our management believes that the non-GAAP data provides useful supplemental information to management and investors regarding our performance and facilitates a more meaningful comparison of results of operations between current and prior periods.
  • The non-GAAP financial measures included in this press release are adjusted EBITDA and adjusted diluted earnings per share ("Adjusted Diluted EPS").
  • The value of stock options is determined using a complex formula that incorporates factors, such as market volatility, that are beyond our control.

BioDelivery Sciences Reports Second Quarter 2021 Results

Retrieved on: 
Wednesday, August 4, 2021
Finance, Money, Fundamental analysis, Profit, Economy, Earnings before interest, taxes, depreciation and amortization, Private equity, Income statement, Cash flow, Amortization, Income, Financial ratio

RALEIGH, N.C., Aug. 04, 2021 (GLOBE NEWSWIRE) -- BioDelivery Sciences International, Inc. (NASDAQ: BDSI), a growing specialty pharmaceutical company dedicated to patients living with serious and complex chronic conditions, today reported strong financial results for the second quarter ended June 30, 2021, including the following operational and performance highlights.

Key Points: 
  • BioDelivery Sciences International, Inc. (NASDAQ: BDSI) is a commercial-stage specialty pharmaceutical company dedicated to patients living with chronic conditions.
  • EBITDA excludes net interest, including both interest expenses and interest income, provision for (benefit from) income taxes, depreciation, and amortization.
  • The Company's management and board of directors utilize these non-GAAP financial measures to evaluate the Company's performance.
  • A reconciliation of certain GAAP to non-GAAP financial measures has been provided in the tables included in this press release.

Vericel Reports Second Quarter 2021 Financial Results and Raises Full-Year 2021 Revenue Guidance

Retrieved on: 
Wednesday, August 4, 2021
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit, Finance, Economy

CAMBRIDGE, Mass., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Vericel Corporation (NASDAQ:VCEL), a leader in advanced therapies for the sports medicine and severe burn care markets, today reported financial results and business highlights for the second quarter ended June 30, 2021.

Key Points: 
  • Gross profit for the quarter ended June 30, 2021 was $26.9 million, or 68% of net revenue, compared to $11.4 million, or 57% of net revenue, for the second quarter of 2020.
  • Net loss for the quarter ended June 30, 2021 was $3.8 million, or $0.08 per share, compared to $8.3 million, or $0.18 per share, for the second quarter of 2020.
  • Non-GAAP adjusted EBITDA for the quarter ended June 30, 2021 was $7.8 million, or 20% of net revenue, compared to an adjusted EBITDA loss of $3.5 million in the second quarter of 2020.
  • To participate in the live call by telephone, please call (877) 312-5881 and reference Vericel Corporations second quarter 2021 investor conference call.

International Money Express, Inc. Announces Record Transactions, Revenues, Net Income, and Adjusted EBITDA for the Second Quarter 2021

Retrieved on: 
Wednesday, August 4, 2021
Profit, Fundamental analysis, Finance, Money, Economy, Earnings before interest, taxes, depreciation and amortization, Income, Net income, Earnings per share, Revenue

MIAMI, Aug. 04, 2021 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), a leading money remittance services company, today announced its financial results for the quarter ended on June 30, 2021, and will host a conference call to discuss those results at 9:00 am ET today.

Key Points: 
  • Total Revenues were driven by a 33.4% increase in net money transfer transactions to a record 10.1 million in the second quarter of 2021, coupled with a 53.2% increase in total principal sent compared with the second quarter of 2020.
  • Adjusted Net Income for the second quarter of 2021 totaled a record $15.3 million, an increase of 41.2% over the prior-year period.
  • Intermex expects to generate Net Income between $43 million - $45 million, and Adjusted Net Income between $51 million - $53 million.
  • Adjusted Net Income, Adjusted Earnings per Share, Adjusted EBITDA, and Adjusted EBITDA Margin, each a Non-GAAP financial measure, are the primary metrics used by management to evaluate the financial performance of our business.

Air Industries Group Reports 82.4% Second Quarter Revenue Growth

Retrieved on: 
Wednesday, August 4, 2021
Defense, Contracts, Steel, Engineering, Air, Aerospace, Transport, Manufacturing, Fundamental analysis, Profit, Finance, Earnings before interest, taxes, depreciation and amortization, Private equity, Precision Castparts Corp., Earnings before interest and taxes, Economy

Lou Melluzzo, CEO of Air Industries said, The strong second quarter sales results delivered by our team was led by significant improvement at our Sterling manufacturing facility.

Key Points: 
  • Lou Melluzzo, CEO of Air Industries said, The strong second quarter sales results delivered by our team was led by significant improvement at our Sterling manufacturing facility.
  • The meaningful quarterly increases in gross profit and EBITDA were also driven by a more diverse product mix at CMS.
  • In a manufacturing business such as ours, gross profit, operating profit, and EBITDA are highly correlated with revenue.
  • Air Industries Group (AIRI) is an integrated manufacturer of precision equipment assemblies and components for leading aerospace and defense prime contractors.

DGAP-News: Metalcorp Group with successful first half year 2021: increase in EBITDA of more than 63% to EUR 25.8 million

Retrieved on: 
Wednesday, August 4, 2021
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit

Metalcorp Group with successful first half year 2021: increase in EBITDA of more than 63% to EUR 25.8 million

Key Points: 
  • Metalcorp Group with successful first half year 2021: increase in EBITDA of more than 63% to EUR 25.8 million
    The issuer is solely responsible for the content of this announcement.
  • Metalcorp Group with successful first half year 2021: increase in EBITDA of more than 63% to EUR 25.8 million
    Luxembourg, 4 August 2021 - Metalcorp Group S.A., a global service provider for the procurement, production, mining and marketing of metals and minerals, had a successful first half year 2021 with an increase in revenue and profitability, and with its highest ever EBITDA in a first half year period.
  • In the first half of 2021, Metalcorp realized a revenue of EUR 303.6 million (up 32.7% versus HY1 2020) and an EBITDA of EUR 25.8 million (up 63.6% versus HY1 2020).
  • Metalcorp Group is a diversified global service provider in the metals and minerals industry including procurement, marketing, mining and processing of such products.

Heidelberg starts new financial year with high order volume and improved operating profitability

Retrieved on: 
Wednesday, August 4, 2021
Fundamental analysis, Profit, Earnings before interest, taxes, depreciation and amortization, Private equity, Heidelberg, Geography of Germany

"As demonstrated by our encouraging initial quarter of financial year 2021/22, Heidelberg is really delivering!

Key Points: 
  • "As demonstrated by our encouraging initial quarter of financial year 2021/22, Heidelberg is really delivering!
  • Based on solid economic development, Heidelberg is expecting the profitable upward trend to continue in subsequent years, too.
  • For example, the company even improved on EBITDA as recorded in the corresponding quarter of financial year 2019/20, i.e.
  • Based on current projects focusing on its profitable core business, Heidelberg is also expecting further earnings from asset management in financial year 2021/22.

O-I GLASS REPORTS STRONG SECOND QUARTER 2021 RESULTS

Retrieved on: 
Tuesday, August 3, 2021
Companies, Cash flow, Corporate finance, Fundamental analysis, BlackBerry Limited, New York Stock Exchange, Finance, Economy

O-I Glass, Inc. (O-I) (NYSE: OI) today reported financial results for the second quarter ended June 30, 2021.

Key Points: 
  • O-I Glass, Inc. (O-I) (NYSE: OI) today reported financial results for the second quarter ended June 30, 2021.
  • Second quarter cash provided by operating activities was also strong reflecting solid earnings, said Andres Lopez, CEO.
  • Segment Operating Profit1: Second quarter 2021 segment operating profit was $232 million compared to $99 million in the prior year period.
  • Strong cash flow in the second quarter of 2021 primarily reflected solid earnings.

Neuronetics Reports Second Quarter 2021 Financial and Operating Results

Retrieved on: 
Tuesday, August 3, 2021
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit, Du, Economy

In the second quarter, U.S. treatment session revenue per active site was $12,001 as compared to $7,406 during the second quarter of 2020.

Key Points: 
  • In the second quarter, U.S. treatment session revenue per active site was $12,001 as compared to $7,406 during the second quarter of 2020.
  • Gross margin for the second quarter of 2021 was 80.6%, an increase of approximately 440 basis points from the second quarter of 2020 gross margin of 76.2%.
  • Operating expenses during the second quarter of 2021 were $18.0 million, an increase of $3.7 million compared to $14.3 million in the second quarter of 2020.
  • EBITDA for the second quarter of 2021 was $(6.3) million as compared to the second quarter of 2020 EBITDA of $(6.5) million.