Black Diamond

Black Diamond Advisory Continues Expansion of Global OneStream Talent into APAC

Retrieved on: 
Monday, March 20, 2023
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CARY, N.C., March 20, 2023 /PRNewswire-PRWeb/ -- Today, Black Diamond Advisory announced its expansion into APAC. Black Diamond was built to transform the office of finance by creating an industry powerhouse of top talent from the most respected leaders in OneStream technology together with consulting leaders in digital finance transformation.

Key Points: 
  • CARY, N.C., March 20, 2023 /PRNewswire-PRWeb/ -- Today, Black Diamond Advisory announced its expansion into APAC.
  • Black Diamond was built to transform the office of finance by creating an industry powerhouse of top talent from the most respected leaders in OneStream technology together with consulting leaders in digital finance transformation.
  • Leading the launch and overseeing operations in APAC is Jason Capouch who joins the Black Diamond team as Managing Director, APAC.
  • "We are thrilled that Black Diamond Advisory is expanding their practice into APAC.

Black Diamond Group Limited Announces Renewal of Normal Course Issuer Bid

Retrieved on: 
Friday, March 10, 2023
Diamond, Black Diamond, Calendar, Toronto Stock Exchange, TSX, Indian stock exchange, Security (finance)

CALGARY, Alberta, March 10, 2023 (GLOBE NEWSWIRE) -- Black Diamond Group Limited (“Black Diamond” or the “Company”) announces that it has obtained approval from the Toronto Stock Exchange (the “TSX”) to renew its normal course issuer bid (the “NCIB”) with respect to its common shares (the “Common Shares”).

Key Points: 
  • CALGARY, Alberta, March 10, 2023 (GLOBE NEWSWIRE) -- Black Diamond Group Limited (“Black Diamond” or the “Company”) announces that it has obtained approval from the Toronto Stock Exchange (the “TSX”) to renew its normal course issuer bid (the “NCIB”) with respect to its common shares (the “Common Shares”).
  • All Common Shares purchased by the Company under the NCIB will be cancelled.
  • Management of Black Diamond believes that, from time to time, the market price of the Common Shares may not fully reflect the underlying value of the Common Shares and that at such time the purchase of the Common Shares represents attractive investment value and would be in the best interests of Black Diamond.
  • The purchase of Common Shares by Black Diamond will increase the proportionate interest of, and be advantageous to, all remaining shareholders.

Black Diamond Therapeutics Reports Fourth Quarter and Full Year 2022 Financial Results and Provides Corporate Update

Retrieved on: 
Thursday, March 9, 2023
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We’ve designed a robust pipeline of products with brain penetration properties to address these key challenges,” said David Epstein, Ph.D., President and Chief Executive Officer of Black Diamond.

Key Points: 
  • We’ve designed a robust pipeline of products with brain penetration properties to address these key challenges,” said David Epstein, Ph.D., President and Chief Executive Officer of Black Diamond.
  • In the first quarter of 2023, Black Diamond received allowance of its IND application from the FDA.
  • Cash Position: Black Diamond ended 2022 with approximately $122.8 million in cash, cash equivalents, and investments compared to $209.8 million as of December 31, 2021.
  • Net Loss: Net loss for the fourth quarter of 2022 was $21.1 million, as compared to $25.9 million for the same period in 2021.

Black Diamond Reports Fourth Quarter and Year-End Results and Declares Dividend

Retrieved on: 
Thursday, March 2, 2023
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Consolidated rental revenue of $33.3 million and Adjusted EBITDA1 of $22.0 million were up 22% and 26% from the Comparative Quarter, respectively.

Key Points: 
  • Consolidated rental revenue of $33.3 million and Adjusted EBITDA1 of $22.0 million were up 22% and 26% from the Comparative Quarter, respectively.
  • LodgeLink recorded a quarterly record of 117,323 room nights sold in the Quarter, a 67% increase from the Comparative Quarter.
  • Return on Assets1 for the Quarter was 18.5%, up 200 basis points from the Comparative Quarter.
  • Black Diamond’s Quarter and YTD results highlight the benefits of a large and diverse specialty rental platform with steadily growing, predictable, rental revenues being generated across many industries and geographies.

Clarus Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Monday, February 27, 2023
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The results were evident as we drove a record fourth quarter in Precision Sports with sales growth of 10%.

Key Points: 
  • The results were evident as we drove a record fourth quarter in Precision Sports with sales growth of 10%.
  • The fourth quarter of 2022 included revenue contribution of $3.8 million from MAXTRAX, an acquisition completed on December 1, 2021.
  • Selling, general and administrative expenses in the fourth quarter were $33.1 million compared to $32.6 million in the same year‐ago quarter.
  • The Company will hold a conference call today at 5:00 p.m. Eastern time to discuss its fourth quarter 2022 results.

Lactalis Canada NEXT Ventures Inaugural Innovation Program Selects Winning Project

Retrieved on: 
Wednesday, February 8, 2023
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The winning project focuses on a fully digitized reporting system for Quality Assurance to facilitate greater efficiencies in collecting and analyzing quality and food safety information.

Key Points: 
  • The winning project focuses on a fully digitized reporting system for Quality Assurance to facilitate greater efficiencies in collecting and analyzing quality and food safety information.
  • The winning project will now go into incubation with a dedicated project team, key resources, tools and external expertise to build and implement a new reporting system.
  • “The Lactalis Canada NEXT Ventures program has created an internal platform to bring new ideas forward within the organization as seen with the overwhelming number of submissions of great quality and inventiveness in 2022.
  • Each idea was carefully evaluated by the panel based on innovativeness, sustainability and viability, as well as with input from all employees who participated in a vote to determine the Lactalis Canada NEXT Ventures winner.

Black Diamond Group Limited Announces Fourth Quarter 2022 Results Conference Call

Retrieved on: 
Monday, February 6, 2023
Diamond, BDI, TSX, Workforce, Webcast, Black Diamond, International, Video game

CALGARY, Alberta, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Black Diamond Group Limited (“Black Diamond” or the "Company”) (TSX: BDI), a leading provider of space rental and workforce accommodation, today announced the timing of its 2022 fourth quarter earnings release and conference call/webcast.

Key Points: 
  • CALGARY, Alberta, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Black Diamond Group Limited (“Black Diamond” or the "Company”) (TSX: BDI), a leading provider of space rental and workforce accommodation, today announced the timing of its 2022 fourth quarter earnings release and conference call/webcast.
  • Black Diamond intends to release its 2022 fourth quarter results after markets close on Thursday, March 2, 2023, and hold a conference call and webcast at 9:00 a.m. MT (11:00 a.m.
  • CEO Trevor Haynes and CFO Toby LaBrie will discuss Black Diamond’s financial results for the quarter and then take questions from investors and analysts.
  • Following the conference call, a replay will be available at the Investor Centre section of the Company’s website at www.blackdiamondgroup.com , under Presentations & Events.

KVH Industries Announces Support Agreement with Black Diamond Capital Management

Retrieved on: 
Friday, February 3, 2023
Diamond, Annual general meeting, Security (finance), KVH, Black Diamond, III, L.L.C, Agreement, P.C, Holding company, Management, Shareholder

MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) (“KVH” or the “Company”), today announced that it has entered into a support agreement (the “Agreement”) with Black Diamond Capital Management, L.L.C. and certain of its affiliates (collectively, “Black Diamond”).

Key Points: 
  • MIDDLETOWN, R.I., Feb. 03, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI) (“KVH” or the “Company”), today announced that it has entered into a support agreement (the “Agreement”) with Black Diamond Capital Management, L.L.C.
  • Pursuant to the Agreement, the Company has committed to nominate and support Black Diamond Managing Principal Stephen H. Deckoff as an independent Class III director at the Company’s 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”), subject to certain conditions.
  • Additionally, the Company has granted Black Diamond a waiver under the Company’s stockholder rights plan allowing Black Diamond to acquire up to 25% of the Company’s outstanding common stock.
  • served as legal counsel to Black Diamond with respect to the Agreement.

Clarus’ Black Diamond Equipment Appoints Neil Fiske as Brand President

Retrieved on: 
Thursday, February 2, 2023
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SALT LAKE CITY, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Black Diamond, Equipment, Ltd., a leading manufacturer and distributor of innovative, high performance outdoor equipment, apparel, and footwear, and a subsidiary of Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), has appointed Neil Fiske to the role of Brand President.

Key Points: 
  • SALT LAKE CITY, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Black Diamond, Equipment, Ltd., a leading manufacturer and distributor of innovative, high performance outdoor equipment, apparel, and footwear, and a subsidiary of Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), has appointed Neil Fiske to the role of Brand President.
  • Fiske will be responsible for accelerating growth and lifting profitability by capitalizing on attractive expansion opportunities across various categories, channels and regions.
  • He joins Black Diamond® from Marquee Brands, a leading brand accelerator with a portfolio of 13 brands.
  • Clarus Executive Chairman Warren Kanders commented: “We are thrilled to have someone of Neil’s experience and talent leading Black Diamond, a brand we believe has tremendous growth potential globally.

Black Diamond Therapeutics Announces Changes to Board of Directors

Retrieved on: 
Wednesday, January 18, 2023
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and NEW YORK, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Black Diamond Therapeutics, Inc. (Nasdaq: BDTX), a precision oncology medicine company pioneering the discovery and development of MasterKey therapies, today announced that Chairman of the Board of Directors, Robert (Bob) A. Ingram, has stepped down due to personal reasons.

Key Points: 
  • and NEW YORK, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Black Diamond Therapeutics, Inc. (Nasdaq: BDTX), a precision oncology medicine company pioneering the discovery and development of MasterKey therapies, today announced that Chairman of the Board of Directors, Robert (Bob) A. Ingram, has stepped down due to personal reasons.
  • “Bob’s counsel, expertise and partnership have been invaluable to Black Diamond, and on behalf of the Board of Directors, I would like to thank him for his contributions to the company.
  • It has been a pleasure serving as the Chairman of the company’s Board of Directors and I am confident that Black Diamond is well positioned for future success with its compelling science, robust pipeline and industry leading management team.
  • I am pleased to have partnered with the team and the Board and will continue to support Black Diamond from the sidelines,” said Robert A. Ingram.