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Channelchek news releases related Channelchek news releases and Channelchek press releases from 02/23/22 12:00:00 on US and Canada Markets.
Disappointing quarter. The company reported fiscal second quarter end Dec. 2021 net revenue of $14.5 million, which missed our mark by a significant 30%. Our Q2 revenue estimate was $20.8 million. Adj. EBITDA loss was $6.8 million, nearly double our loss estimate of $3.45 million. A convergenc...
Vietnam Approval. Yesterday, Avivagen announced a major milestone with the approval for use of OxC-beta in Vietnam. Vietnam represents the largest feed market in Southeast Asia, according to a report by the US Grains Council, which indicates total annual feed consumption of over 32 MMT in 2020...
4Q21 Results. Revenue of $211.6 million, up 2.5% y-o-y, and came in at the mid-point of the $205-$215 million guidance. Revenue increases in most business lines offset the decline in the Training business. Organic revenue growth was 7.7%, excluding the Training business. Adjusted EBITDA came i...
Initiating with an Outperform rating. We are initiating coverage of Codere Online with an Outperform rating and a $10 price target. Codere Online is an international online casino and sportsbook company that operates in both Europe and Latin America. We believe the company has compelling growt...
Shareholder approval and final order. Following shareholder approval during a special meeting on February 14, Great Bear Resources obtained a final order from the Supreme Court of British Columbia approving the acquisition of Great Bear by Kinross Gold Corporation (TSX: K, NYSE: KGC, Not Rated...
LA Times Article. Saturday, the L.A. Times published an article suggesting FAT Brands CEO Andrew Wiederhorn is being investigated for allegations of securities and wire fraud, money laundering, and attempted tax evasion. Deeper into the article, the newspaper notes that the "status of the inve...
Drilling commences at North Birch. As expected, Newrange has commenced drilling at the North Birch project in the Birch-Uchi Greenstone Belt in the Red Lake Mining area of northwestern Ontario, Canada. Approximately 2,000 meters of drilling is planned, with the first five holes testing a three...
Very strong finish to year. 4Q2021 EBITDA above expectations. 4Q2021 EBITDA of $72.7 million was higher than our estimate of $67.3 million mainly due to robust TCE rates of $30.8k/day for Supras/Ultras and $28.8k/day for Handys, which were higher than our estimates of $30.3k/day for Supras/Ult...
Drilling commences at North Birch. As expected, Newrange has commenced drilling at the North Birch project in the Birch-Uchi Greenstone Belt in the Red Lake Mining area of northwestern Ontario, Canada. Approximately 2,000 meters of drilling is planned, with the first five holes testing a three...
Strong finish to year. 4Q2021 results ahead of expectations due to solid execution and less COVID-19 issues which more than offset late-quarter weather issues in the Northeast. Revenue of $210 million was ~$15 million lower than expected, but gross margin expanded to $53.0 million with gross m...
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