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Channelchek news releases related Channelchek news releases and Channelchek press releases from 11/11/21 12:00:00 on US and Canada Markets.
Updated acquisition terms. Gelesis, Inc. will be brought public when they merge with publicly traded Capstar Special Acquisition Corp. (CPSR). The combination value was revised at the agreement of both companies. See Stock Overview and Valuation section in this report for updated details. The ...
3Q21 Reported A Smaller Loss Than Expected. During the quarter, Axcella made significant progress enrolling its two clinical trials, had scientific studies accepted for presentation, and announced a new indication for AXA1125. The company's loss for the quarter was $15.6 million or $(0.41) per...
Quarterly revenues increased 15% y-o-y. Sales are shifting from lumpy Energy Generations Technology (EGT) sales to higher margin, stable Energy as a Service (EaaS). Quarterly sales of $17.2 million surpassed our estimate of $16.7 million. EaaS grew 57.0% while EGT sales declined 9.4%. New Gros...
InPlay reported 2021-3Q results that surpassed almost every expectation. Production volumes of 6,011 BOE/day (up 61% yoy) beat our 5,932 BOE/day estimate. Realized oil prices of C$75.82/bbl and gas prices of C$3.89/mcf topped our C$73.14/bbl and C$3.18/mcf estimates. Higher prices resulted in ...
EBITDA losses continued in 3Q2021. Given the early stage of development of the renewable fuels concept, it isn't surprising that EBITDA was negative $9.3 million and EBITDA losses expected into late next year. Cash declined to $522 million from $567 million in 2Q2021 due to the quarterly cash ...
3Q21 Results. Record third quarter revenue of $16.0 million, up 23% y-o-y and up 7% sequentially. We had forecast $15.9 million. GAAP net income of $981,000, or $0.05 per share, versus $858,000, or $0.05 per share, last year. Adjusted net income of $1.5 million, or $0.08 per share, versus $1.2...
3Q2021 TCE Rates Above Expectations and 4Q2021 Off to Good Start. 3Q2021 EBITDA of $33.6 million was well above expectations by $8.4 million. Higher TCE revenue, higher TCE rates of $28.8k/day, higher shipping days, lower voyage expenses and lower opex, which more than offset higher charter hi...
3Q21 Results. Vectrus' 3Q21 revenue was $459.4 million, up 30.4% y-o-y, with organic growth of 13%. Adjusted EBITDA was $20.5 million, up from $17.0 million last year. EPS was $0.87 compared to $0.88, while adjusted EPS was $1.15 in 3Q21 versus $0.89 last year. We had forecast revenue of $434 ...
ATHENS, Greece, Nov. 10, 2021 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and nine-month ...
PDS Biotechnology reported 3Q21 loss of $6.9 million or $(0.24) per share, compared with our estimated loss of $6.1 million or $(0.21) per share. The company held a conference call in which it reviewed two licensing agreements announced earlier in November 2021. These products advance the pipe...
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