Industry News

Sinclair Broadcast Group, Inc. announced today that its wholly-owned subsidiary, Sinclair Television Group, Inc., has priced its previously announced private offering of senior unsecured notes due 2027. The aggregate principal amount of Notes in the offering was upsized from $350 million to $400 million. The Notes were priced at 100% of their par value and will bear interest at a rate of 5.125% per annum payable semi-annually on February 15..."/>
Sinclair Prices Private Offering of Senior Unsecured Notes
Pinnacle Entertainment, Inc. announced today that its Board of Directors has authorized a new $50 million stock repurchase program. The Company intends to fund any share repurchases under the new program without increasing its debt leverage profile.. In May 2016, the Company’ s Board of Directors approved an initial $50 million stock repurchase program."/>
Pinnacle Entertainment Announces New $50 Million Stock Repurchase Program
Tarena International, Inc., a leading provider of professional education services in China today announced its unaudited financial results for the second quarter ended June 30, 2016.. Second Quarter 2016 Financial and Operational Highlights. Net revenues increased by 35.2% year-over-year to US $55.9 million from US $41.3 million in the same period in 2015. Gross profit increased by 37.3% year-over-year to US $39.2 million from US $28.6..."/>
Tarena International, Inc. Announces Second Quarter 2016 Results
Fuling Global Inc., an environmentally friendly specialized producer and distributor of plastic serviceware, with precision manufacturing facilities in both the U.S. and China, today announced its financial results for the three and six months ended June 30, 2016.. Xinfu Hu, Chief Executive Officer of Fuling Global, commented, "We continued to execute well with sales volume crossing the 10,000- ton mark for the first time in company history..."/>
Fuling Global Inc. Reports First Half-Year and Second Quarter 2016 Financial Results
Bon-Ton Stores, Inc. announced today that it has successfully completed the closing of a new $150 million ABL Term Loan that matures in March 2021.. The new $150 million ABL Term Loan replaces the existing $100 million A-1 Tranche of the Company's credit facility and increases the total commitment under the facility to $880 million. The ABL Term Loan was placed with institutional lenders and bears interest at a rate of LIBOR plus 950 basis points."/>
Bon-Ton Announces the Completion of a New $150 Million ABL Term Loan That Refinances the Existing A-1 Tranche of Its Credit Facility
Spanish Broadcasting System, Inc. today reported financial results for the three- and six-months ended June 30, 2016.. *Please refer to the Non-GAAP Financial Measures section for a definition of OIBDA and a reconciliation from OIBDA to the most directly comparable GAAP financial measure. “We further advanced our multi-platform strategy during the second quarter including building our total audience share,” commented Raúl Alarcón, Chairman and CEO.“ Our..."/>
Spanish Broadcasting System, Inc. Reports Results for the Second Quarter 2016
Liberty Interactive LLC, a subsidiary of Liberty Interactive Corporation, announces a semi-annual interest payment and a regular additional distribution to the holders of its 3.75% Senior Exchangeable Debentures due 2030. The amount of the interest payment is $18.75 per $1,000 original principal amount of Debentures, and the amount of the additional distribution is $0.62056 per Debenture. Under the Indenture for the Debentures, the original principal..."/>
Liberty Announces Semi-Annual Interest Payment and Regular Additional Distribution on 3.75% Senior Exchangeable Debentures Due 2030; Interest Payment Results in Further Reduction of Adjusted Principal Amount
Installed Building Products, Inc., an industry-leading installer of insulation and complementary building products, announced today the acquisition of Southern Insulators& Specialties, LLC. Located in Covington, Louisiana, Southern has provided installation services, primarily fiberglass insulation and spray foam insulation to residential customers since 2007.."/>
Installed Building Products Announces the Acquisition of Southern Insulators Based in Covington, Louisiana
ONE Group Hospitality, Inc., today announced its financial results for the second quarter ended June 30, 2016.. Highlights for the second quarter ended June 30, 2016 were as follows:. The second quarter marked our ninth consecutive quarter of double digit revenue growth; Owned unit net revenues increased 19.6% to $15.3 million; Total GAAP revenue increased 15.6% to $17.2 million; Total food and beverage sales at owned and managed units* increased 4.8% to $38.4 million;..."/>
The ONE Group Announces Second Quarter 2016 Results
Social Reality, Inc., an Internet advertising and platform technology company that provides tools to automate the digital advertising market, announced today its second quarter 2016 financial results. Christopher Miglino, Social Reality's CEO and Chairman stated, "We launched a number of new products and enhancements to existing products this quarter including the newest addition to SRAXsocial.com social media management platform,..."/>
Social Reality Posts $1.8 million in Net Income for Second Quarter of 2016
SPAR Group, Inc., a leading supplier of retail merchandising and other marketing services throughout the United States and internationally, today announced financial results for the second quarter ended June 30, 2016.. Highlights for the three and six month periods ended June 30, 2016, as compared to the same periods in the prior year include:. Revenue for the second quarter of 2016 increased 1 percent to $29.7 million."/>
SPAR Group Announces Financial Results for the Second Quarter Ended June 30, 2016
Cinedigm Corp. today announced financial results for the first quarter of fiscal 2017, which ended June 30, 2016.. Results for first quarter 2017:. Consolidated revenues were $22.5 million Content and entertainment revenues inclusive of OTT were $6.8 million Consolidated adjusted EBITDA was $10.7 million Non-deployment adjusted EBITDA was, inclusive of significant investment in the ramp up of OTT."/>
Cinedigm Announces First Quarter Fiscal 2017 Financial Results
Vipshop Holdings Limited, a leading online discount retailer for brands in China, today announced its unaudited financial results for the second quarter ended June 30, 2016.. Total net revenue increased by 49.0% to RMB13.44 billion, primarily attributable to a 62% year-over-year increase in the number of active customers to 23.0 million and a 54% year-over-year increase in total orders to 68.9 million. Gross profit increased by 44.0%..."/>
Vipshop Reports Unaudited Second Quarter 2016 Financial Results
Galaxy Gaming, Inc., the world's largest independent developer, manufacturer and distributor of casino table games and enhanced systems, announced today its results for the three and six months ended June 30, 2016.. Revenue of $3,064 K increased 14% Adjusted EBITDA of $1,311 K increased 56% Pre-tax gain of $609 K increased 387% Net income of $378 K increased 427% Q-2 2016 vs. Revenue of $3,064 K increased 3% Adjusted EBITDA of $1,311 K increased 6% Pre-tax..."/>
Galaxy Gaming Reports Q-2 Financial Results
Learning Tree International, Inc. announced today its revenues and results of operations for its third quarter and the nine months to date of fiscal year 2016, which ended July 1, 2016.. In its third quarter of fiscal year 2016, Learning Tree reported revenues of $21.1 million, loss from continuing operations before income taxes of $2.8 million, and a net loss of $2.8 million, or$ per share. These results compare with revenues of $22.7 million, loss from continuing..."/>
Learning Tree International Announces Third Quarter Fiscal Year 2016 Results and Comprehensive Cost Reductions
Bob Evans Farms, Inc. today announced it will conduct a conference call to discuss first-quarter fiscal 2017 results at 8:30 a.m. on Wednesday, August 31, 2016. Earlier that morning, the Company will issue a press release detailing results for the quarter.. The dial-in number for the conference call is 468-0551, access code 60710233."/>
Bob Evans Announces First-Quarter Fiscal 2017 Earnings Release and Conference Call Details
Red Rock Resorts, Inc. today announced the results of its operations for the second quarter ended June 30, 2016.. Successfully completed an initial public offering of 29.5 million Class A shares generating net proceeds of $541 million, including the exercise of the underwriters’ overallotment. Announced its consolidated subsidiary, Station Casinos LLC, entered into a definitive agreement to acquire the Palms Casino Resort for $312.5 million."/>
Red Rock Resorts Announces Second Quarter 2016 Results
Workhorse Group Inc., a last-mile delivery technology company that is an original equipment manufacturer of medium-duty, battery-electric trucks and fully integrated unmanned aerial delivery drones, today announced its financial results for the second quarter of 2016.. The second quarter marked the start of commercial manufacturing for Workhorse, as it registered $1.2 million in quarterly sales from the delivery of battery-electric Workhorse..."/>
Workhorse Group Announces 2016 Second Quarter Update
DGSE Companies, Inc., a leading wholesaler and retailer of jewelry, diamonds, fine watches, and precious metal bullion and rare coin products, today announced its financial results for the three and six months ended June 30, 2016.. Second Quarter 2016 Business and Financial Highlights. Revenues for the quarter from continuing operations were $15.5 million compared to $14.9 million, a 3.7% increase compared to the same period in 2015. Gross profit from continuing..."/>
DGSE Companies, Inc. Reports Second Quarter 2016 Results
uSell.com, a technology driven company focused on extracting the maximum value from used mobile devices, today reported results for the second quarter ended June 30, 2016.. Working capital increased to $7.0 million at June 30, 2016 from $5.6 million at December 31, 2015 Revenues increased by $23.1 million, or 849%, to $25.8 million for the three months ended June 30, 2016, from $2.7 million for the three months ended June 30, 2015 Revenues increased by $43.4..."/>
USell.com Reports Second Quarter 2016 Results

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