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Synacor To Announce Its Latest Earnings On August 11, 2020
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Synacor Inc. (NASDAQ:SYNC) stock looks bullish and is currently trading at 27.17% above its 20 Days simple moving average. The company is expected to release its earnings on August 11, 2020. According to the analyst's projections, the company will post revenue of around $18 million and earnings per share of almost -$0.09. In the same period last year, the company reported revenue of $31.85 million and earnings per share of $-0.05. Should the earnings fall within the analysts' range then it will be a YoY drop.
Century Casinos To Sell Its Calgary Casino
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Century Casinos, Inc. (NASDAQ:CNTY) is also looking bullish and the stock currently trades 27.00% above its 20 Days simple moving average. The company released its Q2 202o results on August 7, 2020, followed by an earnings conference to discuss the earnings results.
Recently the company indicated that it is selling its Calgary, Canada gaming venue for around $7.5 million and although this is a throwaway price by industry standards, analysts have lauded the move. According to the terms of the agreement, 2267166 Alberta Ltd will pay the amount to acquire the Century Casino Calgary. The sale will close in the fall of 2020 and it includes a 3-year quarterly payout. Erwin Haitzmann the CEO of the company said that the Calgary casino was among the company's smaller operations which contributes net operating revenue of $4,8 million and EBITDA of $1.2 million.
Aerpio Pharmaceuticals To Report Q2 2020 Results On August 12, 2020
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Another stock that is currently bullish is Aerpio Pharmaceuticals Inc. (NASDAQ:ARPO) which is trading 15.96% above its 20 Days simple moving average. The company is expected to announce its Q2 2020 results for the quarter ended June 30, 2020, on August 12, 2020, before the US market open followed by a conference call and webcast at 8:30 AM ET.
Last week the company announced that it had reached an agreement for evaluation of razuprotafib in a new investigational study in the treatment and prevention of Acute Respiratory Distress in patients with Moderate to severe coronavirus. This is part of the MTEC-20-09-COVID-19 Treatment Military Infectious Disease Program. MTEC is expected to offer funding around $5.1 million to facilitate the trial and the company has committed $2.8 million over the same.
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COMTEX_369224042/2700/2020-08-11T08:11:37
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