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Channelchek news releases related Channelchek news releases and Channelchek press releases from 08/12/22 12:00:00 on US and Canada Markets.
Baudax Bio, Inc. reported 2Q 2022 results yesterday. While there was a revenue shortfall ($.3 million vs $.77 million expected), overall operating expenses of $7.8 million were below our estimate of $10.4 million due to lower severance costs primarily accrued in 1Q, and lower COGS and SG&A...
Patent filing. Comstock recently filed for a new patent covering breakthroughs to produce renewable diesel, marine fuel, sustainable aviation fuel and gasoline from woody biomass with improved yield, efficiency, and cost compared to other methods. The patent filing represents an expansion of i...
Second quarter 2022 results. Endeavour generated a second quarter adjusted net loss of $4.3 million, or $(0.02) per share, compared to adjusted net income of $2.4 million, or $0.01 per share, during the prior year period. We had projected a loss of $5.6 million, or $(0.03) per share. Including...
DENVER, Aug. 11, 2022 /PRNewswire/ - Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), today announced financial results for the second quarter ended June 30, 2022 ("Q2 2022"). Read More >>
Saying Goodbyes. Comtech's management reported that the Company and CEO and President Michael Porcelain have mutually agreed to separate, effective immediately. Prior to the resignation, Mr. Porcelain was CEO of Comtech since January of 2022, COO in 2018, and CFO from 2005-2018. We believe the...
3Q22 Results. Revenue hit a record $70.7 million, up 11% sequentially and up 22.2% y-o-y. We had projected $72 million of revenue. Net income was $13.9 million, or $1.48 per share, compared to $12.3 million, or $1.37 per share last year. Adjusted EPS was $1.60 compared to $1.36. We were at $12...
Higher revenues reflect a jump in shipping rates. The company reported revenues of $195.5m up 34% over the same period last year. Higher sales reflect a 29% increase in TCE rates to $27,139. Adjusted EBITDA rose 107% to $44.2 million. The large increase in EBITDA reflects higher revenues combi...
Awards. Kratos announced the receipt of two drone contract awards over the past two days, building momentum in the space. The first is an approximate $20 million production contract for high performance, jet powered, unmanned aerial target drone systems. The second is an approximate $14 millio...
Hit the Reset Button. The major drag on 2Q results and full year guidance is PowerA. After a fantastic 2021, a lack of chips for consoles and a more normalized level of demand post-COVID resulted in PowerA sales declining in 2Q. ACCO's management also gave an updated full year projection for P...
MELVILLE, N.Y.--(BUSINESS WIRE)--Aug. 10, 2022-- August 10, 2022 -- Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced that its Board of Directors has appointed Chairman Ken Peterman President and Chief Executive Officer, succeeding Michael Porcelain effective immediately. Mr. Por...
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