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Digi International Reports Second Fiscal Quarter 2021 Results – Consumer Electronics Net
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Increased Operating Income nearly 6% in 2020 Despite Challenging Environment
Additional 2021 Guidance Established
NORTHVILLE, Mich., March 01, 2021 (GLOBE NEWSWIRE) Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, today announced its financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter Highlights
Product revenues of $288.9 million increased 25.4% from $230.4 million in the 2019 fourth quarter. Excluding the impact of foreign currency translation, product revenues increased 21.6% year over year
Automotive revenues, excluding the impact of foreign currency translation, increased 23.1% year over year
GAAP diluted earnings per share was $1.02 as compared with earnings per share of $0.66 for the prior-year period
Announced Strategic Partnership with Mila to Expand AI Capabilities and Functionality of Antibody Development Platform
Advanced Lead Candidates for COVID-19 PolyTope™ Cocktail Therapy, Preclinical Trials Scheduled to Launch in January 2021
VICTORIA, BC, Dec. 21, 2020 /CNW/ - IMMUNOPRECISE ANTIBODIES LTD. (the Company or IPA ) (TSXV: IPA) (OTCQB: IPATF) today announced financial results for the second quarter of its 2021 fiscal year ended October 31, 2020.
Q2 Fiscal 2021 Financial Highlights:
Revenue was $4.8 million for the quarter ended October 31, 2020, an increase of $1.6 million, or 50%, compared to $3.2 million in the same quarter last year.
Adjusted EBITDA was $795,159 for the quarter ended October 31, 2020, an increase of $858,577 compared to ($63,418) in the same quarter last year.
peak production periods, in violation of chinese labor laws and fla guidelines. they also found periods where employees worked 11 consecutive days without a day off and 14% of workers may not have received fair compensation for unscheduled overtime. but also consider this. $238 a month is the legal minimum wage in shin zen, china, where one of the factories is located. but $286 a month is the starting wage at fox dcon and workers are compensated at higher pay than local law requires, and 34% of workers would like to work more hours. why? to make more money. compare that to 4 8%, how much apple s stock price gained in the first quarter of this year, earning a record quarterly revenue of $46 billion. all of these numbers add up to
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