- Nathan’s Famous Inc (NASDAQ:NATH) reported fourth-quarter FY22 sales growth of 35.5% year-on-year to $24.77 million versus $18.28 million the previous year.
- Branded product program revenue increased 56.7% Y/Y, Product licensing rose 13.9%, and Restaurant operations gained 14.8%.
- The operating margin was 24.7%, and operating income for the quarter rose 12.4% to $6.1 million.
- Adjusted EBITDA of $6.4 million increased 10.2% Y/Y.
- EPS of $0.52 improved from $0.50 last year.
- The company’s quarterly cash dividend of $0.45 per share is payable on June 24, 2022, to shareholders of record on June 20, 2022.
- Price Action: NATH shares traded lower by 0.25% at $51.48 on the last check Friday.
Exicure, Inc. Announces Restructuring Including 66% Workforce Reduction And Exploration Of Divestiture Opportunities For Clinical-Stage Asset In Immuno-Oncology And Preclinical Candidates
Upon satisfaction of certain closing conditions including approval by Exicure stockholders, existing investor CBI USA, Inc. will purchase an aggregate of 3,400,000 shares of common stock for an aggregate purchase price