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Channelchek news releases related Channelchek news releases and Channelchek press releases from 02/01/22 12:00:00 on US and Canada Markets.
1QFY22 Results. Revenue totaled $152.8 million, up from $57.9 million in 1Q21. The short-term FEMA awards accounted for $91.1 million of the increase. Earnings were $7.8 million, or $0.55 per diluted share, compared to $1.8 million, or $0.13 per diluted share last year. Ex FEMA, DLH still repo...
Management is on location in Ecuador. Following the resignation of Dr. Richard Spencer, Dr. Keith Barron, assumed the role of President and is now Chairman, President, and Chief Executive Officer. He is presently in Ecuador and is leading the company’s activities. While the resignation ...
Rating raised to Outperform. We are establishing a price target of $5.25 per share which represents 17.5% price appreciation potential based on the recent closing price. While capital expenditures are expected to remain elevated in 2022 due to the Rochester expansion, we expect it to be comple...
Favorable Dry Bulk Market Outlook Intact, Albeit with Volatility. While overall TCE rates have dropped recently due to weather disruptions and seasonality and the forward cover is low, the outlook remains favorable. Volatility is likely to continue, and seasonality should be expected. At the s...
A surprise miss. Fiscal Q2 total revenues were $943 million, up a solid 7.5% from the year earlier quarter, but missed expectations. Adj. EBITDA was $133 million, down 17%, missing our estimate of $179 million. The miss was due to cancelled orders, higher than expected costs for ocean freight,...
Termination of Research Coverage. We are terminating research coverage of Helius Medical Technologies due to a reallocation of resources. Effective upon termination of coverage, investors should no longer rely on any of our prior research, financial estimates, or ratings for the Company. Read...
TORONTO--(BUSINESS WIRE)-- Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL: SMT) (“Sierra Metals” or the “Company”) is pleased to announce the completion of an internal organizational review, following the strategic review announced in late 2021. Read More...
Temporary suspension of activities. Aurania has suspended a majority of activities temporarily in Ecuador where the government recently issued a "Red Alert" for 193 of 195 Cantons due to increasing coronavirus cases. Due to the area where it operates, Aurania has greater exposure to indigenous...
4Q21 Results. Avivagen's management reported revenue of $368,504 (all figures in Canadian $) in the quarter, up from $287,897 last year, but down from our estimated revenue of $1.4 million. The miss is mostly due to a Philippines order that will be recognized in the first quarter of fiscal 202...
Rejects Acacia. Comtech's Board has unanimously rejected Acacia Research Corporation's October 29th offer to purchase Comtech for $30 per share. Comtech's new Board, including a representative from Outerbridge, concluded Acacia's offer "grossly undervalues the Company and is not in the best in...
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