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Annovis Bio, Inc Announces Proposed Public Offering of Common Stock
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Annovis Bio, Inc Announces Proposed Public Offering of Common Stock
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(As Compared to the Continuing Operations from the Three Months Ended March 31, 2020)
Revenue decreased 35.6% to $4.8 million from $7.4 million. The decrease was primarily due to the impact of COVID-19 on customer demand for screen products and technical services at Strong Entertainment. The Company expects industry revenues and business levels to recover in the second half of 2021, as restrictions ease and studios begin releasing the current backlog of content to the exhibitors.
Gross profit decreased 37.9% to $1.2 million from $1.9 million and gross profit margins decreased to 24.3% from 25.2%. Cost reduction initiatives offset the revenue reduction, resulting in gross profit margins as a percent of revenue remaining relatively stable despite the reduced business levels.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Dave & Buster’s Provides Business Update; Increases First Quarter Revenue Guidance to $252 .
Dave & Buster s Entertainment, Inc.April 20, 2021 GMT
DALLAS, April 20, 2021 (GLOBE NEWSWIRE) In advance of meetings with investors scheduled to take place this week, Dave & Buster’s Entertainment, Inc., (NASDAQ: PLAY ), (“Dave & Buster’s” or “the Company”), an owner and operator of entertainment and dining venues, today provided an update on business trends through April 18, 2021, representing the first 11 weeks of its 13 week fiscal first quarter, which began February 1, 2021 and ends May 2, 2021.
The Company began the first quarter with 107 open stores, or approximately 76% of its total store base. As of April 18, the Company had reopened a total of 138 stores, or approximately 98% of its 141 store base, including 11 New York stores which opened in March and 15 California sto
Ballantyne Strong Portfolio Company GreenFirst To Acquire Forest and Paper Products Assets in Ontario and Quebec For $214 Million
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