ON Semiconductor Reports Record Revenue and Non-GAAP Earnings per Share for Second Quarter 2021 – Consumer Electronics Net consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.
GLG Life Tech Corporation Reports 2021 First Quarter Financial Results
VANCOUVER, BC / ACCESSWIRE / May 13, 2021 /
GLG Life Tech Corporation (TSX:GLG)(OTC PINK:GLGLF) ( GLG or the Company ), a global leader in the agricultural and commercial development of high-quality zero-calorie natural sweeteners, announces financial results for the three ended March 31, 2021. The complete set of financial statements and management discussion and analysis are available on SEDAR and on the Company s website at www.glglifetech.com.
FINANCIAL SUMMARY
The Company reported revenues of $3.3 million in the first quarter of 2021, a $0.7 million improvement compared to the first quarter of 2020 ($2.6 million). The Company also reported an increase of thirteen percentage points in gross profit margin for the first quarter 2021 (25%), relative to the same period in 2020 (12%).
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Third quarter revenue of $32.0 million, up 3.8% from the previous quarter adjusting for removal of MedMen NY Inc. from continuing operations
Total Retail Revenue increase of 8.2% quarter-over-quarter, inclusive of New York and Arizona stores
Total Retail Adjusted EBITDA increased to $8.5 million from $6.0 million quarter-over-quarter, for a 22.5% margin, and Total Retail Adjusted EBITDA from continuing operations increased to $7.4 million from $5.5 million quarter-over-quarter for a 23.3% margin
LOS ANGELES MedMen Enterprises Inc. (
“MedMen” or the
“Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, today released its consolidated financial results for its third quarter fiscal 2021 ending March 27, 2021. All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Reaffirms 2021 earnings guidance range of $3.00 - $3.30 per share
ALLETE, Inc. (NYSE: ALE) today reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million. Last year’s results were $1.28 per share on net income of $66.3 million. The timing of income taxes and operating and maintenance expense in 2021 negatively impacted the quarter compared to internal expectations by approximately 15 cents per share, which are expected to reverse during the remainder of the year. In addition, net income in 2021 included an approximately $5 million dollars, or 10 cents per share, negative impact related to ALLETE Clean Energy’s Diamond Spring wind energy facility due to an extreme winter storm event in the southern United States in February 2021.
First Quarter Results
Total revenues of $28.5 million, a 48% year-over-year decrease and a 4% increase from the fourth quarter of 2020
Net loss of $(3.4) million and loss per diluted share of $(1.43); adjusted net loss of $(2.8) million and adjusted loss per diluted share of $(1.18)
Adjusted EBITDA of $0.1 million
$12.0 million in cash on hand and $5.7 million of total debt as of March 31, 2021
HOUSTON, May 03, 2021 (GLOBE NEWSWIRE) NCS Multistage Holdings, Inc. (NASDAQ: NCSM) (the “Company,” “NCS,” “we” or “us”), a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies, today announced its results for the quarter ended March 31, 2021.