Ekso Bionics Holdings Launches Rights Offering

Ekso Bionics Holdings Launches Rights Offering

Ekso Bionics Holdings, a manufacturer of robotic exoskeletons, said Monday it has begun its previously announced rights offering of common shares. Ekso plans to raise gross proceeds of up to $34 million through the rights offering of up to 34 million shares of common stock, at a subscription price of $1 per share. Holders of its common stock and certain warrant holders as of the record date of Aug. 10 […]

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Sempra Energy Posts Q2 Beat

Sempra Energy Posts Q2 Beat

Sempra Energy, a provider of multiline utilities, reported higher-than-expected profit and revenue in Q2 and raised its FY17 earnings guidance. Adjusted EPS increased to $1.10 a share in the June quarter, from $0.79 a share, in the year-ago period. That topped the $0.87 average estimate of analysts surveyed by Capital IQ. Q2 revenue rose to $2.53 billion, from $2.16 billion, exceeding the analyst consensus of $2.46 billion. The company raised […]

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ExlService Holdings Hits Record High

ExlService Holdings Hits Record High

Shares of ExlService Holdings set a record high at Thursday’s open after the operations and analytics company reported better-than-expected Q2 results, and raised its FY17 EPS and revenue guidance. The company reported non-GAAP Q2 EPS of $0.70 per share, up from $0.55 a year ago, and above the Capital IQ consensus estimate of $0.60 per share. On a GAAP basis, EPS of $0.58 were up from $0.47 a year ago. […]

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UMH Properties Prices Offering of Shares

UMH Properties Prices Offering of Shares

UMH Properties, a real estate investment trust, said it has priced an underwritten public offering of 5 million shares of its 6.75% series C cumulative redeemable preferred stock at $25 per share. It has granted underwriters a 30-day option to buy an additional 750,000 shares. The company expects to receive net proceeds from the offering before expenses of approximately $121.1 million and expects to close the transaction on July 26. […]

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ClearSign Combustion Receives Order

ClearSign Combustion Receives Order

Shares of ClearSign Combustion, a provider of industrial combustion technologies to reduce pollutant emissions, are nearly 17% higher after announcing late Thursday it obtained a purchase order to test its Duplex combustion technology as a precursor to an installation at a super major oil refinery. The company said the oil company is funding the testing to determine Duplex’s suitability for a variety of refinery process heaters and conditions in a […]

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