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Garrett Motion Inc.: Garrett Motion Reports First Quarter 2021 Financial Results

Garrett Motion Inc.: Garrett Motion Reports First Quarter 2021 Financial Results
First Quarter 2021 Highlights
Net sales totaled $997 million, an increase of 33.8% on a reported basis and 25.6% at constant currency
Net loss totaled $105 million; Adjusted net income was $96 million
Adjusted EBITDA increased to $176 million; Adjusted EBITDA margin improved 320 basis points to 17.7%
Net cash provided by operating activities totaled $32 million
Adjusted free cash flow totaled $162 million; Adjusted free cash flow conversion rate was 169%
Garrett Motion Inc., a leading differentiated technology provider for the automotive industry, today announced its financial results for the first quarter ended March 31, 2021.
$ millions (unless otherwise noted)
55
32
See reconciliations to the nearest GAAP measure in pages 4-11. ....

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Wellteq Launches Beta Production of Internet of Medical Things HealthHub with API as a Service

Wellteq launches beta production of the HealthHub, a hardware and API as a service offering which extends Wellteq’s digital health solutions beyond corporate wellness and insurance and into primary virtual care. The Health Hub and API form the foundation for Wellteq’s condition management and virtual primary care platform, called “Wellteq Plus.” The HealthHub houses an 8-core processor, large memory …
Wellteq launches beta production of the HealthHub, a hardware and API as a service offering which extends Wellteq’s digital health solutions beyond corporate wellness and insurance and into primary virtual care.
The Health Hub and API form the foundation for Wellteq’s condition management and virtual primary care platform, called “Wellteq Plus.” ....

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Recruiter.com Group, Inc.: Recruiter.com CEO Discusses WeWork Partnership, Substantial Market Capture Opportunity on Proactive Investors

Recruiter.com Group, Inc.: Recruiter.com CEO Discusses WeWork Partnership, Substantial Market Capture Opportunity on Proactive Investors
HOUSTON, TX / ACCESSWIRE / April 29, 2021
/ Recruiter.com Group, Inc. (OTCQB:RCRT), an on-demand video hiring platform and hiring marketplace, presented to Proactive Investors its inaugural partnership with WeWork, the global flexible workspace provider.
The Recruiter.com Flex membership offers curated pipelines of high-quality talent who are an excellent fit for growth-stage startups at less than $500 a month and no minimum commitment. Through the partnership with WeWork, Recruiter.com s customers will also have privileged access to WeWork All Access, a subscription-based product that provides access to hundreds of WeWork locations across the world. ....

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Camino Minerals Corporation to Raise $5M to Commence Copper Discovery

Camino Minerals Corporation (TSXV: COR) (OTC Pink: CAMZF) (WKN: A116E1) (“
Camino” or the “
Company“) is pleased to announce that it is arranging a non-brokered private placement for gross proceeds of up to $5,000,000 (the “
Financing“), which will be used to advance exploration at its three copper projects in Peru: the Los Chapitos (IOCG) copper discovery, the Maria Cecilia porphyry complex (subject to the closing of Camino’s acquisition of Minera Maria Cecilia Ltd., as announced in the Company’s news release issued March 30, 2021), and the Plata Dorada high-grade copper and silver project. The Financing is anticipated to be largely subscribed by institutional investors. ....

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Camino Minerals Corporation to Raise $5M to Commence Copper Discovery Drilling in Peru

Camino Minerals Corporation to Raise $5M to Commence Copper Discovery Drilling in Peru
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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