Tag: flow

Nurse Call System Market Set for Explosive Growth, to Reach Around USD 1,600.0 Million by 2020 – MarketResearchStore.Com

Deerfield Beach, FL, Aug. 30, 2016 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “Nurse Call System Market by Equipment Type (Nurse Call Buttons, Nurse Call Intercoms, Nurse Call Mobile Systems, and Nurse Call Integrated Communication Systems) by Communication Technology (Wired Communication Equipment and Wireless Communication Equipment) for Hospitals, OPD Clinics, Assisted Living Centers, and Ambulatory Services: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”. According to the report, the global nurse call system market accounted for USD 600.0 million in 2014 and is projected to reach USD 1,600.0 million in 2020, growing at

Prospect Capital Reports $1.04 of Net Investment Income per Share in 2016 Fiscal Year and $0.26 of Net Investment Income per Share in June 2016 Quarter, Exceeding Dividends per Share in Both Periods

NEW YORK, Aug. 29, 2016 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ:PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal year and fourth fiscal quarter ended June 30, 2016. For the year ended June 30, 2016, our net investment income (“NII”) was $371.1 million or $1.04 per weighted average share. For the year ended June 30, 2015, our NII was $362.7 million or $1.03 per weighted average share. NII year over year increased by $8.4 million on a dollars basis and increased by $0.01 on a per share basis. Fiscal year 2016 NII exceeded dividends by $0.04

Galaxy Gaming Announces the Completion of a $10.5 Million Term Loan Which Refinances Existing Long-Term Debt

LAS VEGAS, Aug. 29, 2016 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTC:GLXZ), announced today that it has successfully completed the closing of a new $10.5 million Term Loan that matures in August 2021. The new $10.5 million Term Loan refinances the existing long-term debt outstanding which originated due to the 2011 asset purchase of Prime Table Games.  The Term Loan was placed with Breakaway Capital Management, LLC an institutional lender and will include a six-month interest only period, then amortizing at 10% per year until maturity.  The refinancing transaction will reduce the Company’s debt service payments and yield approximately $2.9

Phibro Animal Health Corporation Reports Fourth Quarter and Fiscal Year

TEANECK, N.J., Aug. 29, 2016 (GLOBE NEWSWIRE) — Phibro Animal Health Corporation (NASDAQ:PAHC) today announced its financial results for its fourth quarter and fiscal year ended June 30, 2016. It also provided guidance for its fiscal year ending June 30, 2017. Highlights for the June 2016 quarter (compared to the June 2015 quarter) Net sales of $189 million, an increase of 2% Net income of $15 million, an increase of 46% Diluted EPS of $0.38, an increase of 46% Adjusted EBITDA of $28 million, an increase of 4% Adjusted diluted EPS of $0.40, a decrease of 9% Highlights for the

Exa Reports Second Quarter Fiscal 2017 Financial Results

BURLINGTON, Mass., Aug. 29, 2016 (GLOBE NEWSWIRE) — Exa® Corporation (NASDAQ:EXA), a global innovator in simulation software for product engineering, today announced financial results for the second quarter fiscal 2017, which ended July 31, 2016. Revenue Summary Second Quarter   2Q17 (millions) 2Q16 (millions) Growth Rate Constant Currency Growth Rate Total Revenue $ 17.1   $ 15.5     11 %   8 % License Revenue $ 14.8   $ 13.0     14 %   11 % Project Revenue $ 2.3   $ 2.5     (7 )%   (8 )% “Second quarter revenue was within our guidance range, reflecting the

Epiq to Showcase eDiscovery Business Intelligence at ILTACON 2016

KANSAS CITY, Kan., Aug. 29, 2016 (GLOBE NEWSWIRE) — Epiq (NASDAQ:EPIQ), a leading global provider of integrated technology and services for the legal profession, will be attending ILTACON 2016 in National Harbor, Maryland. Located at booth #721, the company will be sharing how Epiq brings eDiscovery business intelligence to legal professionals. Epiq will be demonstrating its full life-cycle eDiscovery management platform, DMXTM (DocuMatrix®), which provides clients with actionable business intelligence. The DMX dashboard gives clients a holistic picture of data flow: from raw sources and processed data to reviewed and produced deliverables. All of the information is displayed in an

Avid to Unveil Latest Innovations and New Products at IBC 2016

BURLINGTON, Ma., Aug. 26, 2016 (GLOBE NEWSWIRE) — Avid® (Nasdaq:AVID) today announced that at IBC 2016 (booth #7.J20), it will unveil several exciting MediaCentral® Platform innovations, new products and product enhancements to help customers address their most pressing business challenges and stay ahead of the competition. This premier annual event for professionals engaged in the creation, management and delivery of entertainment and news content worldwide takes place on September 9-13 in Amsterdam. “In today’s dynamic and rapidly changing media industry, we must push the limits of technology to help our customers stay ahead of the game,” said Jeff Rosica, senior

UPDATE — State National Companies A.M. Best “A” (Excellent) Rating Affirmed

BEDFORD, Texas, Aug. 26, 2016 (GLOBE NEWSWIRE) — State National Companies, Inc. (NASDAQ:SNC) today announced that A.M. Best has revised the issuer credit rating (ICR) outlook to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and the ICRs of “a” of State National Insurance Company, Inc. and its subsidiaries, National Specialty Insurance Company and United Specialty Insurance Company, which operate under a pooling agreement and are collectively referred to as State National Group (State National). The outlook for the FSR remains stable. A.M. Best stated the following in a press release dated August 25, 2016:

State National Companies A.M. Best “A” (Excellent) Rating Affirmed

BEDFORD, Texas, Aug. 26, 2016 (GLOBE NEWSWIRE) — State National Companies, Inc. (NASDAQ:SNC) today announced that A.M. Best A.M. Best has revised the issuer credit rating (ICR) outlook to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and the ICRs of “a” of State National Insurance Company, Inc. and its subsidiaries, National Specialty Insurance Company and United Specialty Insurance Company, which operate under a pooling agreement and are collectively referred to as State National Group (State National). The outlook for the FSR remains stable. A.M. Best stated the following in a press release dated August

Ferroglobe Reports Results for Second Quarter 2016

Q2 2016 revenue of $398.0 million, down from $423.5 million in Q1 2016 Net loss of $(42.2) million, or $(0.25) on a fully diluted per share basis; Adjusted net loss of $(2.8) million, or $(0.01) on a fully diluted per share basis Reported EBITDA loss of $(46.6) million, which includes an impairment charge of $(58.6) million for Venezuela; Adjusted EBITDA of $17.2 million Operating cash flow generation of $24.3 million and free cash flow generation of $8.6 million Exceeded working capital synergies target of $100 million by reducing working capital by $169.9 million over the last 12 months, including $96.5

Ultrapetrol Reports Financial Results for Second Quarter 2016

NASSAU, Bahamas, Aug. 25, 2016 (GLOBE NEWSWIRE) — Ultrapetrol (Bahamas) Limited (NASDAQ:ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business), today announced financial results for the second quarter ended June 30, 2016. Second Quarter 2016 and subsequent events highlights: Recorded second quarter 2016 revenues of $73.7 million;   Recorded adjusted consolidated EBITDA of $13.8 million in the second quarter of 20161, which includes adjusted EBITDA of $6.4 million from our River Business, adjusted EBITDA of $7.0 million in our Offshore Supply Business, a negative adjusted EBITDA of $(0.4) million

Bottomline Announces Stock Repurchase Program

PORTSMOUTH, N.H., Aug. 25, 2016 (GLOBE NEWSWIRE) — Bottomline Technologies (NASDAQ:EPAY), a leading provider of cloud-based business payment, invoice and banking solutions, today announced that its Board of Directors has authorized a share repurchase program of up to $60 million. The program was authorized on July 8, with repurchases to begin on August 30, 2016. “We believe our stock is an attractive investment opportunity at current levels,” said Rick Booth, Chief Financial Officer. “Our strong balance sheet and predictable cash flow allows us to repurchase shares while continuing to invest in opportunities that will drive long-term growth.” Stock repurchases may

Smart Wires Honored as One of the 20 Most Promising Utilities Technology Solution Providers

FREMONT, Calif., Aug. 25, 2016 (GLOBE NEWSWIRE) — Smart Wires earned a place in the list of 20 Most Promising Utilities Technology Solution Providers 2016 by CIOReview.  “It’s a pleasure to announce Smart Wires, Inc. as one among the 20 Most Promising Utilities Technology Solution Providers 2016,” said Jeevan George, Managing Editor of CIOReview. “Smart Wires achieves recognition for helping utilities to create a dynamic grid that responds to unplanned events across the system and enables continuous service for utility customers.”  Smart Wires was selected for this award based on their innovative technology, customer focus and momentum in the marketplace.

Northrop Grumman Demonstrates New Maritime Domain Awareness Capabilities at Annual US Navy Technology Exercise

NEWPORT, R.I., Aug. 25, 2016 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE:NOC) demonstrated new cross domain approaches for autonomous undersea, surface and air vehicles to advance the Anti-Submarine Warfare mission during this year’s Annual Naval Technology Exercise (ANTX) at Naval Undersea Warfare Center (NUWC) in Newport. A photo accompanying this release is available at: http://media.globenewswire.com/noc/mediagallery.html?pkgid=41227 Data collected from multiple sensors arrayed across autonomous undersea, surface and air vehicles were fused autonomously to develop a real-time tracking solution that guided a surrogate autonomous air vehicle to engage a contact for live drop of a replica torpedo, for the first time. ANTX

Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2016

$105.7 million Revenue for Q2 2016 $40.1 million net cash from operating activities for Q2 2016 $31.1 million EBITDA for Q2 2016 $2 million of cash as of June 30, 2016 Positioned to weather difficult market Solid operational performance – ~100% fleet utilization Low cost structure MONACO, Aug. 25, 2016 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings” or “the Company”) (NYSE:NM), a global, vertically integrated seaborne shipping and logistics company, today reported financial results for the second quarter and six months ended June 30, 2016. Angeliki Frangou, Chairman and Chief Executive Officer, stated, “Navios Holdings had a solid

Titan Machinery Inc. Announces Results for Fiscal Second Quarter Ended July 31, 2016

– Revenue for Fiscal Second Quarter of 2017 was $278 million – – Company Reduced Used Equipment Inventory, Year-to-Date, by $39 million or 15% – – Company Updates Full Year Fiscal 2017 Modeling Assumptions – WEST FARGO, N.D., Aug. 25, 2016 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq:TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal second quarter ended July 31, 2016. Fiscal 2017 Second Quarter Results For the second quarter of fiscal 2017, revenue was $278.3 million, compared to $334.2 million in the second quarter last year. Equipment sales were $173.3

Tech Data Corporation Reports Second Quarter Fiscal Year 2017 Results

CLEARWATER, Fla., Aug. 25, 2016 (GLOBE NEWSWIRE) — Tech Data Corporation (NASDAQ:TECD) (the “Company”) today announced its financial results for the second quarter ended July 31, 2016.    Second quarter ended July 31, Six months ended July 31, ($ in millions,except per share amounts)   2016     2015     2016     2015   Net Sales $ 6,353.7   $ 6,580.4   $ 12,317.1   $ 12,467.6             Operating income (GAAP) $ 73.4   $ 106.2   $ 125.9   $ 188.2   Operating margin (GAAP)   1.15 %   1.61 %  

HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Third Quarter of Fiscal 2016; Full Year Fiscal 2016 Net Income Growth Estimates Raised

HOLLYWOOD, Fla. and MIAMI, Aug. 24, 2016 (GLOBE NEWSWIRE) — HEICO CORPORATION (NYSE:HEI.A) (NYSE:HEI) today reported that net income increased 22% to a record $42.0 million, or 62 cents per diluted share, in the third quarter of fiscal 2016, up from $34.4 million, or 51 cents per diluted share, in the third quarter of fiscal 2015.  In the first nine months of fiscal 2016, net income increased 18% to a record $111.9 million, or $1.64 per diluted share, up from $95.1 million, or $1.40 per diluted share, in the first nine months of fiscal 2015. Net sales increased 19% to a

Image Sensing Systems, Inc. Adopts Tax Benefit Preservation Plan

SAINT PAUL, Minn., Aug. 24, 2016 (GLOBE NEWSWIRE) — Image Sensing Systems, Inc. (NASDAQ:ISNS), announced today that its Board of Directors has unanimously approved an amendment to the Company’s shareholder rights plan (as amended, the “Rights Plan”). The Rights Plan is designed to preserve the value of its significant net operating loss carryforwards (“NOLs”) in relation to the potential limitations under Section 382 of the Internal Revenue Code. Image Sensing Systems had federal NOLs totaling approximately $12.4 million as of June 30, 2016. Pursuant to U.S. federal income tax rules, Image Sensing Systems’ use of those tax assets could be

Corsicana Bedding Improves Automation with 3Gtms Transportation Management System

SHELTON, Conn., Aug. 24, 2016 (GLOBE NEWSWIRE) — 3Gtms, Inc., a provider of next generation transportation management software, announced that Corsicana Bedding, LLC is live with its 3G-TM transportation management system (TMS) that helps the company achieve improved processes and efficiencies. Corsicana is a leading manufacturer of American-made mattresses. As communication around loads became more complex and numerous, Corsicana sought to automate its processes and streamline operations with a tier 1 transportation management solution. 3G-TM provides a robust system that will boost productivity by driving down freight costs; improving shipment efficiency and communications; increasing shipment visibility; and providing greater financial