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Channelchek news releases related Channelchek news releases and Channelchek press releases from 08/09/21 12:00:00 on US and Canada Markets.
Strong 2Q2021 operating results masked by FFA losses. After backing out FFA hedges and other items of $31.6 million, adjusted EBITDA of $62.8 million was well ahead of expectations. TCE revenue of $93 million and TCE rates of $21.6k/day were above expectations, while opex were in line. It was ...
Award. On Friday, the DoD announced Kratos has been awarded a five and a half year $338.1 million firm fixed-price, cost-plus-fixed-fee and time-and-material contract for Lots 17-21 production, out-of-warranty-repairs, and contractor logistics support. The award is for target drones for the Ai...
Q2 exceeds expectations. Total company revenues of $565.1 million, an increase of 57.5% year over year, was better than our $550.5 million estimate. Both Local Media and Networks performied better than our estimates. Adj. EBITDA of $158.7 million was better than our $132.7 million estimate, wi...
2Q21 Results. Fat Brands reported 2Q21 revenue of $8.3 million, compared to $3.1 million in 2Q20. The increased revenue was driven by royalties, which rose to $6.2 million in the quarter from $2.2 million in 2Q20. FAT reported operating income of $2.0 million in the second quarter versus an op...
Ocugen reported 2Q21 loss of $26.0 million or $(0.13) per share, compared with our estimate of $7.7 million or $(0.04) per share. The difference was mostly due to a $15 licensing fee paid to Bharat Biotech for an amendment to expand Covaxin rights in Canada. Excluding this one-time payment, th...
Equity financing provides financial flexibility. Allegiant Gold raised gross proceeds of C$5.0 million with the issuance of 12,500,000 units in a bought deal that is expected to close on August 17. Net proceeds amount to C$4.7 million after deducting the underwriters' fee but before deducting ...
Organic Growth Returns. DLH reported an estimated $2.8 million of organic growth in the quarter. Organic growth has faced headwinds from the absence of pass thru travel revenue due to COVID (which still hasn't fully returned) and an expected reduction in scope of a HHS contract as the prior co...
Strong 2Q2021 operating results masked by FFA losses. Call with management today at 8am EST—number is 844-282-441 and code is 3636539. After backing out FFA hedges and other items of $31.6 million, adjusted EBITDA of $62.8 million was well ahead of expectations. TCE revenue of $93 milli...
Organic Growth Returns. DLH reported an estimated $2.8 million of organic growth in the quarter. Organic growth has faced headwinds from the absence of pass thru travel revenue due to COVID (which still hasn't fully returned) and an expected reduction in scope of a HHS contract as the prior co...
Q2 results exceed expectations. Total company revenues of $178.4 million was 9% above our $163.1 million estimate, driven by exceptional 1,045% growth in Digital revenues and a solid 108% revenue growth in its Audio (Radio) businesses. Even its TV had a solid revenue performance, up 26%. Adj. ...
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