Monthly Archives: January 2018

Puissant Industries Inc. (OTC Pink: PSSS) Announces Expansion of its Energy Operations

Preparations Have Progressed for Cryptocurrency Mining Farm Operations

LONDON, KY / ACCESSWIRE / January 30, 2018 / Puissant Industries, Inc. (OTC PINK: PSSS) (“Puissant”) (Corporate Website: psss.co), a publicly traded energy rich company that uses its resources to develop or acquire high growth companies in industries where maximum profitability can be generated, announces that it has added five new wells and 4 miles of pipeline to its operations. The added wells bring Puissant’s total wells to 41 producing wells and expand its production and potential revenue for its oil and gas operations.

The Company is pleased to also announce that its wholly-owned subsidiary, American Crypto Mining, Inc., has progressed in its planned operations for American Crypto’s first Cryptocurrency Mining Farm (the “Farm”) by:

Constructing the first Farm, which is 35% completed.
Completing the electrical components in the Farm.
35% of the Miners (Cryptocurrency Mining computers) are in inventory and more Miners have been ordered.
We anticipate mining on a limited basis by March 2018

Mark Holbrook commented, “We are pleased to expand our oil and gas operations and the progress we have made with Cryptocurrency Mining. We look forward to our first Farm becoming fully operational and fulfilling our plans to reinvest our Farm revenue in additional Farms.”

About Puissant Industries, Inc.

Puissant Industries is a multifaceted energy company that utilizes energy produced from a variety of energy sources to generate the maximum profitability of its assets. The Company seeks to expand into selective fast growing industries where the benefits of its multiple energy resources can make a significant impact on short and long term growth. This includes American Crypto and other industries under evaluation.

About American Crypto Mining, Inc.

American Crypto Mining, Inc. (a Kentucky corporation) is Puissant Industries’ wholly owned subsidiary. Currently constructing and equipping its first Cryptocurrency Mining Farm, American Crypto plans to pursue the construction and operation of multiple farms through revenue reinvestment and excess electrical capacity.

Contact:

James Painter, Emerging Markets Consulting LLC
(407) 340-0226

Disclaimer:

This press release contains forward-looking statements. The words or phrases “would be,” “will allow,” “intends to,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” or similar expressions are intended to identify “forward-looking statements.” Actual results could differ materially from those projected in the Company’s business plan and the information presented above. Cryptocurrency is subject to numerous risks, including price volatility. The information contained in this press release should not be construed as an indication in any way whatsoever of the future value of the Company’s common stock, future revenues or our present or future financial condition. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.

SOURCE: Puissant Industries, Inc.

ReleaseID: 487122

Financial Institutions, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / January 30, 2018 / Financial Institutions, Inc. (NASDAQ: FISI) will be discussing their earnings results in their Q4 Earnings Call to be held on January 30, 2018 at 8:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/24119

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 486847

Wired News – Condor Hospitality Trust Reports Sales of Non-Core Legacy Hotel

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors.com has just released a free research report on Condor Hospitality Trust, Inc. (NYSE: CDOR) (“Condor”). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CDOR as the Company’s latest news hit the wire. On January 26, 2018, the Company announced that it has sold a legacy hotel asset, the 41-room Supertel Inn located at 800 Laurel Street in Creston, Iowa, for approximately $2.1 million. This marks the third legacy hotel sold by the Company in the month. The net proceeds from the sale of the hotel will be applied to the outstanding debt on the Company’s $150 million secured credit facility. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Condor’s Goal is to Sell Two of the Four Legacy Hotels in First Half of 2018

Bill Blackham, Chief Executive Officer (CEO) of Condor, mentioned that with the closing of the Supertel Inn, the Company has only four remaining legacy hotels of the 55 that it owned at the beginning of 2015. Blackham added that the Company’s goal is to sell two of the four legacy hotels in the first half of 2018, thereby effectively concluding the recycling of proceeds from the sale of legacy hotels into its new investment platform, though there can be no guarantee that any of these planned dispositions will actually close.

Sale of Other Non-Core Legacy Hotels in 2018

On January 09, 2018, Condor announced that one of its legacy hotels, the 135-room Comfort Suites in South Bend, IN, is now under contract to sell for $6.1 million and is expected to close in Q1 2018. The Company closed the sale of a legacy hotel asset, the 71-room Comfort Inn & Suites located at 3328 East Center Street, Warsaw, IN 46582, for $5.0 million, on January 08, 2018.

Condor’s Recent Acquisition Agreement

On January 19, 2018, the Company closed its previously-announced agreement to purchase the 122-room TownePlace Suites located in the North Tech Ridge submarket of Austin, Texas. The hotel was purchased for $19.75 million and will continue to be managed by Aimbridge Hospitality. With the closing of this transaction, Condor added another young, high-quality select-service asset into its growing portfolio of new investment platform hotels.

Transformation of the Company’s Portfolio

Condor follows the strategy of acquiring newer select-service hotels in fast-growing, top-100 MSAs, and selling of its non-core legacy hotels. News release suggests that during the period from January 01, 2015, through December 31, 2017, the Company has closed approximately $276 million of acquisitions, including fourteen high-quality premium-branded select-service hotels flagged under the leading Marriott, Hilton, and IHG hotel brands. Around 53 legacy hotels were either sold or were under contract at year-end 2017, resulting in a total of approximately $161 million in gross proceeds. The net proceeds from sales are being used to pay the outstanding debt on Condor’s $150 million secured credit facility.

About Condor Hospitality Trust, Inc.

Founded in 1994 and incorporated in the state of Maryland, Condor is a hotel-focused real estate investment trust (REIT) that specializes in the investment and ownership of upper midscale and upscale, premium-branded select-service, extended stay, and limited service hotels. Currently, the Company owns 18 hotels in nine states.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, Condor Hospitality Trust’s stock fell 3.19%, ending the trading session at $10.31.

Volume traded for the day: 27.47 thousand shares, which was above the 3-month average volume of 19.73 thousand shares.

Stock performance in the last month – up 3.62%; previous three-month period – up 4.99%; and year-to-date – up 3.62%

After yesterday’s close, Condor Hospitality Trust’s market cap was at $119.08 million.

The stock has a dividend yield of 7.57%.

The stock is part of the Financial sector, categorized under the REIT – Hotel/Motel industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

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PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

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SOURCE: Active-Investors

ReleaseID: 487320

Ex-Dividend Alert: Donegal Group Has a Dividend Yield of 3.20%; Will Trade Ex-Dividend on January 31, 2018

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors has a free review on Donegal Group Inc. (NASDAQ: DGICA) (“Donegal”) following the Company’s announcement that it will begin trading ex-dividend on January 31, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on January 30, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on DGICA:

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Dividend Declared

On December 21, 2017, Donegal’s Board of Directors declared a regular quarterly cash dividend of $0.14 per share of the Company’s Class A common stock and $.1225 per share of the Company’s Class B common stock. The dividends are payable on February 15, 2018, to stockholders of record as of the close of business on February 01, 2018.

Donegal’s indicated dividend represents a yield of 3.20% compared to the average dividend yield of 4.24% for the Financial sector. The Company has raised dividend for 2 consecutive years.

Dividend Insight

Donegal has a dividend payout ratio of 86.2%, which denotes that the Company spends approximately $0.87 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts’ estimates, Donegal is forecasted to report earnings of $1.42 for the next year, which is more than double compared to the Company’s annualized dividend of $0.56 per share.

As of September 30, 2017, Donegal has cash on hand worth $31.54 million compared to $24.59 million as on December 31, 2016. For the nine months ended September 30, 2017, the Company’s net cash provided by operating activities totaled $62.67 million compared to $46.40 million for the year ago same period. The Company’s strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Earnings Announcement

On January 10, 2018, Donegal announced that the Company plans to hold a live webcast on February 23, 2018, at 11:00AM Eastern Time, to discuss its results for the fourth quarter and year ended December 31, 2017. The Company will release its quarterly results on this same date, prior to the opening of regular trading on the NASDAQ Stock Market.

About Donegal Group Inc.

Donegal Group is an insurance holding company with insurance subsidiaries offering personal and commercial property and casualty lines of insurance in 22 Mid-Atlantic, Midwestern, New England, and Southern states. Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group. The Donegal Insurance Group has an A.M. Best rating of A (Excellent). Donegal Group was founded in 1986 and is headquartered in Marietta, Pennsylvania.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, Donegal’s stock slightly climbed 0.86%, ending the trading session at $17.66.

Volume traded for the day: 36.56 thousand shares.

Stock performance in the last month – up 0.46%; previous three-month period – up 6.71%; past twelve-month period – up 6.39%; and year-to-date – up 2.08%

After yesterday’s close, Donegal’s market cap was at $474.70 million.

Price to Earnings (P/E) ratio was at 31.93.

The stock has a dividend yield of 3.17%.

The stock is part of the Financial sector, categorized under the Property & Casualty Insurance industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 487321

Blog Exposure – Electronic Arts Announces First Long-Term, Multi-Event Competitive Gaming Network Agreement with ESPN, Disney XD, and the NFL

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors.com has just released a free research report on Electronic Arts Inc. (NASDAQ: EA). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=EA as the Company’s latest news hit the wire. On January 26, 2018, the Company, which is a leading digital interactive entertainment firm, announced, along with the National Football League (“NFL”), their collaboration with ESPN and Disney XD for the exclusive broadcast of the upcoming EA SPORTS Madden NFL 18 Championship Series. The agreement is expected to be ESPN’s first-ever long-term, multi-event competitive gaming agreement, where it would start with the final rounds of the EA SPORTS Madden NFL 18 Club Championship and the latest EA SPORTS Madden NFL Ultimate League. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Electronic Arts most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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The Announcement

According to Electronic Arts, the Madden NFL Ultimate League is the first-ever competitive gaming sports league of its kind, featuring one-on-one competition between 16 of the top NFL 18 players, starting February 02, 2018, for 2.5 months of eSports entertainment, concluding at the NFL Draft on April 28, 2018. Of the 16 participating players, 6 players qualified by finishing in the top two at one of the three EA Majors, namely, the Madden NFL 18 Classic, the Madden NFL 18 Challenge, and the Madden NFL 18 Club Championship, with the remaining 10 selected as top series points earners.

Electronic Arts views this announcement as a step to make superstars of the best players, allowing viewers to develop player loyalties and follow competitor rivalries. Through this collaboration with ESPN and Disney XD, the Company plans to deliver ongoing coverage for fans across the world through a variety of ESPN and Disney platforms, but also digitally through the Company’s Madden streaming and social channels. The Madden NFL 18 Club Championship tournament kicked off on January 26, 2018, enabling fans to catch the quarter-final action. The next broadcast, according to the Company, will enable fans to follow the Club Championship Final on ESPN2 and ESPN Deportes live on February 01, 2018.

Details of the Announcement

According to Electronic Arts, the 32 NFL franchises will each be represented by one Madden competitor, where throughout the NFL season, each player advanced through a strict elimination process to reach the semi-final round. The Company added that between Super Bowl LII and the 2018 NFL Draft, Disney XD and the ESPN App will become the weekly home to Madden NFL 18 competitive gaming content, showcasing the latest action from the Madden NFL Ultimate League every week. The Madden NFL Ultimate League champion will be crowned at the Madden Bowl, live from the 2018 NFL Draft on ESPN2.

Later, in April 2018, ESPN2 would also broadcast an Ultimate League Episodic Series, where the content would focus on character and storylines through an exclusive entertainment style, following the best players in the Ultimate League until May 01, 2018. Moreover, the episodes will also be available on-demand through the ESPN App.

Company Growth Prospects

On December 13, 2017, Electronic Arts and Nomadic Entertainment Group announced a collaboration for the EA SPORTS Bowl on February 01, 2018. EA SPORTS Bowl, according to the Company, is long-viewed as the unofficial kickoff to the biggest weekend in the NFL season, where following its initial trend, Electronic Arts partnered with Nomadic Entertainment to bring one of the world’s best acts to the stage.

Prior to the announcement, on November 15, 2017, Electronic Arts announced that it would release its financial results for Q3 FY17, for the three-month period ended December 31, 2017, at the close of market on January 30, 2018.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, Electronic Arts’ stock advanced 2.13%, ending the trading session at $117.65.

Volume traded for the day: 6.23 million shares, which was above the 3-month average volume of 3.79 million shares.

Stock performance in the last month – up 11.80%; previous three-month period – up 1.57%; past twelve-month period – up 41.47%; and year-to-date – up 11.98%

After yesterday’s close, Electronic Arts’ market cap was at $36.35 billion.

Price to Earnings (P/E) ratio was at 31.08.

The stock is part of the Technology sector, categorized under the Multimedia & Graphics Software industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

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Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 487323

Free Post Earnings Research Report: F5 Networks’ Q1 Revenues and Adjusted Net Earnings Rose to Outperform Estimates

Stock Monitor: Datawatch Post Earnings Reporting

LONDON, UK / ACCESSWIRE / January 30, 2018 / Active-Investors.com has just released a free earnings report on F5 Networks, Inc. (NASDAQ: FFIV). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FFIV. The Company posted its financial results on January 24, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). The Seattle, Washington-based Company’s revenues surged 1.4% y-o-y, beating market consensus estimates. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Datawatch Corporation (NASDAQ: DWCH), which also belongs to the Technology sector as the Company F5 Networks. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, F5 Networks most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Earnings Highlights and Summary

During the quarter ended December 31, 2017, F5 Networks reported total revenues of $523.19 million compared to $515.96 million at the end of Q1 FY17. The Company attributed the year-over-year revenues growth to Services and Software solutions. The Company’s total revenue numbers for Q1 FY18 topped market consensus estimates of $521.4 million. Services revenue increased to $295.89 million in Q1 FY18 from $276.48 million in Q1 FY17, while Products revenue fell to $227.30 million in Q1 FY18 from $239.48 million in the prior year’s same quarter.

The computer networking Company posted a reported net income of $88.43 million, or $1.41 per diluted share, in Q1 FY18 compared to $94.22 million, or $1.44 per diluted share, in Q1 FY17. The Company’s non-GAAP net income increased to $141.58 million, or $2.26 per diluted share, in Q1 FY18 from $130.27 million, or $1.98 per diluted share, in Q1 FY17. Meanwhile, Wall Street had expected the Company to report a non-GAAP net income of $2.04 per diluted share.

Operational Metrics

In the reported quarter, F5 Networks’ cost of revenue was $87.39 million compared to $85.26 million in Q1 FY17. The Company’s gross profit came in at $435.80 million for the reported quarter, up from $430.70 million in Q1 FY17.

The Company’s sales and marketing (S&M) expenses were $167.93 million during Q1 FY18 compared to $164.51 million in Q1 FY17, whereas research and development (R&D) expenses fell to $85.89 million in Q1 FY18 from $87.05 million in the year ago comparable quarter. The Company’s general and administrative (G&A) expenses were $39.98 million in Q1 FY18 versus $41.68 million in Q1 FY17. Total operating expenses increased to $293.81 million in Q1 FY18 from $293.24 million in Q1 FY17. Moreover, the Company’s income from operations came in at $142.00 million for Q1 FY18 compared to $137.45 million in Q1 FY17.

Cash Flow and Balance Sheet

During the three quarters ended December 31, 2017, the Company generated net cash inflows from its operating activities of $189.96 million compared to $189.31 million in the prior year’s corresponding period. At the close of books on December 31, 2017, F5 Networks had $612.00 million as total cash and cash equivalents compared to $673.23 million at the close of books on September 30, 2017.

Outlook

In its guidance for the three months ending March 31, 2018, the Company forecasts revenues to be in the range of $525 million to $535 million. The Company expects GAAP earnings per diluted share to be between $1.66 and $1.69, while non-GAAP earnings per diluted share are anticipated to be between $2.24 and $2.27.

Stock Performance Snapshot

January 29, 2018 – At Monday’s closing bell, F5 Networks’ stock marginally rose 0.47%, ending the trading session at $138.89.

Volume traded for the day: 983.07 thousand shares, which was above the 3-month average volume of 776.23 thousand shares.

Stock performance in the last month – up 5.42%; previous three-month period – up 11.96%; past twelve-month period – up 2.47%; and year-to-date – up 5.85%

After yesterday’s close, F5 Networks’ market cap was at $8.76 billion.

Price to Earnings (P/E) ratio was at 21.39.

The stock is part of the Technology sector, categorized under the Business Software & Services industry.

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SOURCE: Active-Investors

ReleaseID: 487324

Heat Biologics to Host Analyst and Investor Event February 28, 2018 to Present Results from its Phase 2 Lung Cancer Study

Event will Highlight Clinical Data on First 35 Patients Dosed with HS-110 Plus Checkpoint Inhibitor Nivolumab (Opdivo®)

DURHAM, NC / ACCESSWIRE / January 30, 2018 / Heat Biologics, Inc. (NASDAQ: HTBX), a biopharmaceutical company developing drugs designed to activate a patient’s immune system against cancer, is hosting an analyst and investor event to present Phase 2 results from its HS-110 (viagenpumatucel-L) study in combination with the Bristol-Myers Squibb checkpoint inhibitor, nivolumab (Opdivo®), in patients with advanced non-small cell lung cancer (NSCLC) whose cancers have progressed after treatment with one or more lines of therapy.

The presentation will take place at 8 a.m., Wednesday, Feb. 28, 2018, in New York City. A live webcast will be available for those who cannot attend. The event will follow the first formalized Independent Data Monitoring Committee (“IDMC”) meeting review of the most recent Phase 2 interim data from the trial.

“We are looking forward to concluding our first IDMC data review and presenting our initial Phase 2 results,” said Jeff Wolf, CEO of Heat. “Our presentation will focus on clinical observations, which will help inform the best pathway to advance HS-110 through a registrational trial.”

The presentation will include data generated from the first 35 patients enrolled in the study; specifically:

Clinical efficacy measures of treatment response
The correlation of immune response from blood samples with positive clinical outcome
Safety data evaluation and analysis

Key opinion leaders will also provide an overview of NSCLC and the need for combination therapies in this setting, while management will discuss company milestones for 2018 and beyond. Further, management will provide an outline of Heat’s planned development strategy for HS-110 based on the recent outcome of its Type C meeting with the FDA.

Additional details such as location, speakers and webcast information will be provided prior to the event.

About Heat Biologics, Inc.

Heat Biologics is a biopharmaceutical company developing immunotherapies designed to activate a patient’s immune system against cancer by inducing CD8+ “Killer” T-cells. Our T-cell Activation Platform (TCAP) produces therapies designed to turn “cold” tumors “hot,” and be administered in combination with checkpoint inhibitor therapies and other immuno-modulators to increase their effectiveness. We are currently enrolling patients in our Phase 2 clinical trial for non-small cell lung cancer, in combination with Bristol-Myers Squibb’s nivolumab (Opdivo®). Pelican Therapeutics, a subsidiary of Heat, is focused on the development of co-stimulatory monoclonal antibody and fusion protein-based therapies designed to activate the immune system. We also have numerous pre-clinical programs at various stages of development. For more information, please visit www.heatbio.com.

Forward Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 on our current expectations and projections about future events. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions. These statements are based upon current beliefs, expectations and assumptions and include statements regarding the results to be presented and the potential benefits of our products. These statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements, including the ability of Heat’s ImPACT therapy to perform as designed, to demonstrate safety and efficacy, as well as results that are consistent with prior results, the ability to enroll patients and complete the clinical trials on time and achieve desired results and benefits, Heat’s ability to obtain regulatory approvals for commercialization of product candidates or to comply with ongoing regulatory requirements, regulatory limitations relating to Heat’s ability to promote or commercialize its product candidates for specific indications, acceptance of its product candidates in the marketplace and the successful development, marketing or sale of products, Heat’s ability to maintain its license agreements, the continued maintenance and growth of its patent estate, its ability to establish and maintain collaborations, its ability to obtain or maintain the capital or grants necessary to fund its research and development activities, and its ability to retain its key scientists or management personnel, its ability to successfully integrate Pelican, and the other factors described in Heat’s most recent annual report on Form 10-K and other filings with the SEC. The information in this release is provided only as of the date of this release and the company undertakes no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.

Contact

Media and Investor Inquiries
Melissa Conger
Heat Biologics
+1 919 289 4017
mconger@heatbio.com

SOURCE: Heat Biologics, Inc.

ReleaseID: 487313

HelloFresh SE (FSE:HFG; Prime Standard): Preliminary Q4 2017 Results: HelloFresh further accelerates growth and continues to expand its margins

– Number of active customers increased to 1.45 million (69% year-over-year growth; Q4 2016: 0.86 million)

– Year-over-year revenue growth rate accelerated to 58% – 59% (67% – 69% in constant currency)

– Preliminary Q4 revenues of EUR 250 million – 253 million (Q4 2016: EUR 158.7 million)

– Preliminary FY revenues of EUR 902 million – 905 million (51% – 52% year-over-year growth; FY 2016: EUR 597 million)

– Continued expansion of AEBITDA margin: on track to reach breakeven by Q4 2018

BERLIN / ACCESSWIRE / January 30, 2018 / With more than 1.45 million customers (up by 69% from Q4 2016: 0.86 million) and 39.5 million meals delivered (up by 65% from Q4 2016: 23.9 million), HelloFresh again has grown significantly double-digit in its key operating metrics. This results in preliminary revenues in Q4 2017 of EUR 250 million – 253 million (up by 58% – 59% from Q4 2016: EUR 158.7 million). In constant currency, this corresponds to a revenue growth for the group of 67% – 69%, a reacceleration in both segments US and International. HelloFresh also significantly improved its AEBITDA and AEBITDA margin to better than (5%), on track to reach group profitability by Q4 2018.

“We are really proud that Q4 constitutes our strongest quarter in terms of year-over-year growth for the whole year. In fact, over the course of 2017 we managed to increase our growth rate for each subsequent quarter, resulting in a 67% – 69% constant currency growth in Q4. This is a remarkable success given the scale at which we are already operating,” said Dominik Richter, CEO and co-founder of HelloFresh SE.

All figures reported in this press release are preliminary and unaudited. Please note that the full financial disclosure for the fourth quarter and audited financial year 2017, together with the guidance for the financial year 2018, will be published on March 21, 2018.

Selected key operating metrics

Q4 2016
Q4 2017
Y-o-Y
FY 2016
FY 2017
Y-o-Y

Active customers (m)
0.86
1.45
69%

Number of orders (m)
3.2
5.4
69%
12.3
18.9
54%

Meals delivered (m)
23.9
39.5
65%
90.8
137.4
51%

Selected key financial metrics

HelloFresh Group

Q4 2016
Q4 2017
Y-o-Y
FY 2016
FY 2017
Y-o-Y

Revenue (mEUR)
158.7
250 – 253
58% – 59%
597
902 – 905
51% – 52%

Revenue in constant currency (mEUR)

265 – 268
67% – 69%

US

Q4 2016
Q4 2017
Y-o-Y
FY 2016
FY 2017
Y-o-Y

Revenue (mEUR)
80
149 – 151
87% – 89%
287
543 – 545
89% – 90%

Revenue in constant currency (mEUR)

162 – 164
104% – 106%

International

Q4 2016
Q4 2017
Y-o-Y
FY 2016
FY 2017
Y-o-Y

Revenue (mEUR)
79
101 – 102
27% – 29%
310
359 – 360
16%

Revenue in constant currency (mEUR)

103 – 104
30% – 31%

Press contact

+49 (0) 160 98 082 688
Eva Switala
es@hellofresh.com
Global Head of PR
www.hellofreshgroup.com
HelloFresh SE

About HelloFresh

HelloFresh is the world’s leading meal kit company, operating in the U.S., the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, Australia, Austria, Switzerland and Canada. HelloFresh delivered 39.5 million meals in the 3-month period from 1 October 2017 to 31 December 2017 to 1.45 million active customers. HelloFresh was founded in November 2011 in Berlin and went public in November 2017 at the Frankfurt Stock Exchange in Germany. HelloFresh has offices in New York, Berlin, London, Amsterdam, Zurich, Sydney and Toronto.

SOURCE: HelloFresh SE

ReleaseID: 487356

Pentair plc to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / January 30, 2018 / Pentair plc (NYSE: PNR) will be discussing their earnings results in their Q4 Earnings Call to be held on January 30, 2018 at 8:00 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/1477

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 486739

Yatra Online, Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / January 30, 2018 / Yatra Online, Inc. (NASDAQ: YTRA) will be discussing their earnings results in their Q3 Earnings Call to be held on January 30, 2018 at 8:30 AM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/company/24130

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company’s profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what’s trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 486740