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Veracyte Announces Retirement of CFO and Preliminary First Quarter 2021 Financial Results

Keith Kennedy will retire following Q1 earnings release and 10-Q;

Jane Alley appointed as acting CFO; Veracyte to conduct CFO search

SOUTH SAN FRANCISCO, Calif.–(BUSINESS WIRE)–Veracyte, Inc. (Nasdaq: VCYT) announced that Keith Kennedy, chief financial officer and chief operating officer, will retire from the company, effective May 15, 2021, following the company’s release of its full quarterly financial results and the filing of its Form 10-Q for the first quarter 2021. Jane Alley, vice president and corporate controller, will become acting CFO until a replacement is named. Veracyte is conducting a search for a new CFO.

“Keith has played a key role in Veracyte’s growth and success over the last four years and the board and I deeply appreciate his many contributions. These include building a strong financial infrastructure and team that we believe will help position us for continued success. Keith will be missed and we wish him the very best in his next chapter,” said Bonnie Anderson, Veracyte’s chairman and chief executive officer.

Veracyte also announced preliminary results for the first quarter ended March 31, 2021.

The company expects to report total revenue of between $36 million and $37 million, including between $3.5 million and $3.8 million for urologic cancers, for the first quarter ended March 31, 2021, an increase of 17.3% at the midpoint of the total range, compared to the first quarter of 2020. The company expects product and reported testing volume of between 14,000 and 14,500 tests, including between 1,400 and 1,500 tests in urologic cancers, for the first quarter of 2021, an increase of 9.3% at the midpoint of the total range, compared to prior year. The foregoing amounts are preliminary, have not been audited or reviewed and are subject to change in connection with the completion of Veracyte’s financial statements for the first quarter ended March 31, 2021.

“We are off to a strong start for the year. Revenue and genomic testing and product volume continued to gain momentum in the first quarter and were further boosted by our acquisition in mid-March of Decipher Biosciences, with its market-leading prostate cancer test. We also remain on track to launch key pipeline products in the second half of the year, including our Percepta Nasal Swab test and Genomic Atlas in lung cancer and our Envisia classifier on the nCounter Analysis System in international markets,” said Ms. Anderson.

Veracyte expects to announce full first quarter 2021 financial results on May 10, 2021, after market close. Management will host a conference call and webcast to discuss the company’s financial results and to provide a general business update, later that same day. Additional details on the call will be released in a separate press release.

About Veracyte

Veracyte (Nasdaq: VCYT) is a global genomic diagnostics company that improves patient care by providing answers to clinical questions, informing diagnosis and treatment decisions throughout the patient journey in cancer and other diseases. The company’s growing menu of genomic tests leverage advances in genomic science and technology, enabling patients to avoid risky, costly diagnostic procedures and quicken time to appropriate treatment. The company’s tests in lung cancer, prostate cancer, breast cancer, thyroid cancer, bladder cancer and idiopathic pulmonary fibrosis are available to patients and its lymphoma subtyping and renal cancer tests are in development. With Veracyte’s exclusive global license to a best-in-class diagnostics instrument platform, the company is positioned to deliver its tests to patients worldwide. Veracyte is based in South San Francisco, California. For more information, please visit www.veracyte.com and follow the company on Twitter (@veracyte).

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, statements regarding results for the first quarter ended March 31, 2021. Forward-looking statements can be identified by words such as: “appears,” “anticipate,” “intend,” “plan,” “expect,” “believe,” “should,” “may,” “will,” “positioned,” “designed” and similar references to future periods. Actual results may differ materially from those projected or suggested in any forward-looking statements. These statements involve risks and uncertainties, which could cause actual results to differ materially from our predictions, and include, but are not limited to Veracyte’s ability to successfully transition the chief financial officer role, Veracyte’s ability to successfully integrate the Decipher Biosciences business; risks inherent in the achievement of anticipated synergies and the timing thereof; and the finalization of Veracyte’s financial results for the first quarter of 2021 and the review of its financial statements. Additional factors that may impact these forward-looking statements can be found under the caption “Risk Factors” in our Annual Report on Form 10-K filed with the SEC on February 22, 2021 and our subsequent quarterly reports on Form 10-Q. A copy of these documents can be found at the Investors section of our website at www.veracyte.com. The risks and uncertainties may be amplified by the COVID-19 pandemic, which has caused significant economic uncertainty. The extent to which the COVID-19 pandemic impacts Veracyte’s businesses, operations, and financial results, including the duration and magnitude of such effects, will depend on numerous factors, which are unpredictable, including, but not limited to, the duration and spread of the outbreak, its severity, the actions to contain the virus or treat its impact, and how quickly and to what extent normal economic and operating conditions can resume. These forward-looking statements speak only as of the date hereof and, except as required by law, Veracyte specifically disclaims any obligation to update these forward-looking statements or reasons why actual results might differ, whether as a result of new information, future events or otherwise.

Veracyte, Afirma, Percepta, Envisia, Prosigna, “Know by Design” and the Veracyte, Afirma, Percepta, Envisia and Prosigna logos are registered trademarks of Veracyte in the U.S. and selected countries. Decipher Biopsy, Decipher RP, Decipher Bladder and Decipher GRID are trademarks of Decipher Biosciences. Veracyte has common law rights and pending trademark applications for LymphMark and “More About You.”

nCounter is the registered trademark of NanoString Technologies, Inc. in the United States and other countries and used by Veracyte under license.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005995/en/

Investor and Media Contact:

Tracy Morris

Vice President of Corporate Communications

& Investor Relations

650-380-4413

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Research Medical Devices Genetics Other Health Biotechnology General Health Health Science Oncology Other Science

MEDIA:

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LSB Industries, Inc. Schedules 2021 First Quarter Financial Results Release for Wednesday, April 28^th and Conference Call for Thursday, April 29^th

OKLAHOMA CITY–(BUSINESS WIRE)–
LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the first quarter ended March 31, 2021 on Wednesday, April 28, 2021, after the close of the stock market.

LSB’s management will host a conference call on Thursday, April 29, 2021 at 10:00 am ET / 9:00 am CT to discuss these results. Participating in the call will be President & Chief Executive Officer, Mark Behrman, and Executive Vice President & Chief Financial Officer, Cheryl Maguire. Interested parties may participate in the call by dialing (201) 493-6739. Please call in 10 minutes before the conference is scheduled to begin and ask for the LSB Industries conference call. To coincide with the conference call, LSB will post a slide presentation at www.lsbindustries.com on the webcast section of the Investor Info tab. Following the prepared remarks, there will be a question and answer session.

To listen to a webcast of the call, please go to LSB’s website at www.lsbindustries.com at least 15 minutes before the conference call to download and install any necessary audio software. If you are unable to listen live, the conference call webcast will be archived on LSB’s website for 90 days.

About LSB Industries, Inc.

LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets. The Company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility for a global chemical company in Baytown, Texas. LSB’s products are sold through distributors and directly to end customers primarily throughout the United States. Additional information about the Company can be found on its website at www.lsbindustries.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005994/en/

Company Contact:

Mark Behrman, President & CEO

Cheryl Maguire, Executive Vice President & CFO

(405) 235-4546

Investor Contact: The Equity Group Inc.

Fred Buonocore, CFA (212) 836-9607

Mike Gaudreau (212) 836-9620

KEYWORDS: United States North America Oklahoma

INDUSTRY KEYWORDS: Chemicals/Plastics Mining/Minerals Other Construction & Property Manufacturing Agriculture Natural Resources Construction & Property

MEDIA:

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Bloom Energy Announces Inaugural Sustainability Report

SAN JOSE, Calif.–(BUSINESS WIRE)–
Bloom Energy Corp. (NYSE: BE) today announced the release of its inaugural Sustainability Report.

Sustainability is a priority for Bloom Energy; with the issuance of this report, it memorializes the company’s past efforts while charting its commitment to a sustainable future. The report is aligned with both the Sustainability Accounting Standards Board (SASB) and Taskforce on Climate-Related Financial Disclosure (TCFD) reporting frameworks. It outlines the evolution of the company’s sustainability related management framework and the technical innovations driving its strategic growth levers, both of which are key to keeping Bloom at the forefront of a rapidly evolving energy sector.

The report also addresses the:

• Topics acknowledged as materially important by the company’s stakeholders;
• Impact of Bloom’s flexible and modular solutions, including emerging biogas, carbon capture utilization and storage (CCUS), hydrogen, and marine applications;
• Alignment of Bloom’s business and technology strategy with a 2050 net-zero scenario and;
• Impact of the proceeds allocated to date from the company’s issued green notes

“We are excited to share our first-ever Sustainability Report. As I look back at 2020 – a year that impacted society and the planet in ways previously unimaginable – I firmly believe that yesterday’s tragedies forced us to take stock of the world around us and recognize what is essential to the continued functioning of society,” said KR Sridhar, founder, chairman and chief executive officer of Bloom Energy. “2020 forced all of us to reflect on our operations and best practices. And, while we are proud of the strong corporate citizenship and resiliency we exhibited during the year, we know we can do even more. We demonstrated collective resilience in the face of crisis, which enabled us to both persevere and envision a better tomorrow. Our mission at Bloom is to make clean, reliable, energy affordable for everyone in the world. 2020 certainly pushed us one step closer to that goal.”

For more information and to read the full report, please visit Bloom Energy’s sustainability website at: bloomenergy.com/sustainability.

About Bloom Energy

Bloom Energy’s mission is to make clean, reliable energy affordable for everyone in the world. The Company’s product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries. For more information, visit www.bloomenergy.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005992/en/

Investor Relations:

[email protected]

Media:

Jennifer Duffourg

Bloom Energy

+1 (480) 341-5464

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Alternative Energy Energy Environment Other Energy Utilities

MEDIA:

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8×8, Inc. to Report Fourth Quarter and Full-Year Fiscal 2021 Financial Results on May 10, 2021

CAMPBELL, Calif.–(BUSINESS WIRE)–
8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform, today announced that it will release financial results for the fourth quarter and full-year fiscal 2021 ended March 31, 2021 following the close of market on Monday, May 10, 2021. The company also announced that it will hold a conference call on the same day at 1:30 pm Pacific Time (4:30 pm Eastern Time) to discuss its quarterly financial results and provide a business update. The conference call will last approximately 90 minutes.

Date:			May 10, 2021
Time:			1:30 p.m. Pacific Time (4:30 p.m. Eastern Time)
Dial In:			1-866-270-1533 Domestic or 1-412-317-0797 International
Passcode:			10154727
Webcast:			https://investors.8×8.com

A telephonic replay of the conference call will be available until May 17, 2021.

Replay:			1-877-344-7529
Passcode:			10154727

About 8×8, Inc.

8×8, Inc. (NYSE: EGHT) is transforming the future of business communications as a leading Software-as-a-Service provider of contact center, voice communications, video, chat and API solutions powered by one global cloud communications platform. 8×8 empowers workforces worldwide to connect individuals and teams so they can collaborate faster and work smarter. Real-time business analytics and intelligence provide businesses unique insights across all interactions and channels so they can delight end-customers and accelerate their business. For additional information, visit www.8×8.com, or follow 8×8 on LinkedIn, Twitter and Facebook.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005979/en/

8×8, Inc.

Investor Relations:

Victoria Hyde-Dunn

1-669-333-5200

victoria.hyde-dunn@8×8.com

Media:

John Sun

1-408-692-7054

john.sun@8×8.com

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Mobile/Wireless Technology Other Technology Telecommunications Software Audio/Video Networks Internet Data Management VoIP

MEDIA:

Posted on April 15, 2021 4:08 pm

Banc of California Names Alex Kweskin Executive Vice President and Chief Human Resources Officer

Banc of California Names Alex Kweskin Executive Vice President and Chief Human Resources Officer

SANTA ANA, Calif.–(BUSINESS WIRE)–
Banc of California, Inc. (NYSE: BANC) (the “Company”), the holding company for Banc of California, N.A. (the “Bank”), today announced the appointment of Alex Kweskin as Executive Vice President and Chief Human Resources Officer of the Company and the Bank, effective Monday, May 3, 2021. Mr. Kweskin will be based in Santa Ana and report to Jared Wolff, President and CEO.

Mr. Kweskin joins the Company from MUFG Union Bank, N.A., a division of Mitsubishi UFJ Financial Group (NYSE:MUFG), with assets of $132 billion, where he has worked since 2011. Since 2014, Mr. Kweskin has served as Managing Director, and Head of Human Resources for Union Bank. He also held previous human resources roles at Wells Fargo Capital Finance, California National Bank and The California Endowment. Mr. Kweskin holds a B.A. in Communication from Purdue University.

“We are excited to have Alex join our executive leadership team,” said Jared Wolff, President & CEO of Banc of California. “Alex is a proven leader who will help Banc of California continue to build a culture of excellence with our engaged, diverse and high-performing talent. Alex’s deep experience in banking and human resources, along with his extensive knowledge of the Southern California banking landscape, will help us recruit, develop and retain our most important asset, our people.”

“Banc of California is one of the most dynamic companies in Southern California and I am thrilled to join its leadership team,” said Alex Kweskin. “I look forward to working with all my new and talented colleagues at Banc of California to ensure the bank remains a great place to work, and continues its efforts to build a franchise that delivers for employees, clients, communities and shareholders.”

About Banc of California, Inc.

Banc of California, Inc. (NYSE: BANC) is a bank holding company with approximately $7.9 billion in assets and one wholly-owned banking subsidiary, Banc of California, N.A. (the “Bank”). The Bank has 36 offices including 29 full-service branches located throughout Southern California. Through our dedicated professionals, we provide customized and innovative banking and lending solutions to businesses, entrepreneurs and individuals throughout California. We help to improve the communities where we live and work by supporting organizations that provide financial literacy and job training, small business support and affordable housing. With a commitment to service and to building enduring relationships, we provide a higher standard of banking. We look forward to helping you achieve your goals. For more information, please visit us at www.bancofcal.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005976/en/

Investor Relations Inquiries:

Banc of California, Inc.

(855) 361-2262

Jared Wolff, (949) 385-8700

Lynn Hopkins, (949) 265-6599

Media Inquiries:

Prosek Partners

Sarah Levine, (973) 219-8694

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Roku Closes Nielsen Transaction, Including Acquisition of AVA Business

SAN JOSE, Calif. & NEW YORK–(BUSINESS WIRE)–
Roku, Inc. (NASDAQ: ROKU) and Nielsen Holdings plc (NYSE: NLSN) today announced that the companies have closed the transaction that was announced on March 1, 2021.

Roku has closed on the acquisition of Nielsen’s Advanced Video Advertising (AVA) business, including Nielsen’s video automatic content recognition (ACR) and dynamic ad insertion (DAI) technologies, which will accelerate Roku’s launch of an end-to-end DAI solution for traditional TV. In addition, Nielsen and Roku have entered into a long-term strategic partnership to integrate complementary Nielsen ad and content measurement products into the Roku platform and further advance Nielsen ONE, Nielsen’s cross-media measurement solution.

About Roku, Inc.

Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku streaming players and TV-related audio devices are available in the U.S. and in select countries through direct retail sales and licensing arrangements with service operators. Roku TV™ models are available in the U.S. and in select countries through licensing arrangements with TV brands. Roku is headquartered in San Jose, Calif. U.S.A.

This press release contains “forward-looking” statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include the delivery of an end-to-end DAI solution and the further development of Roku and Nielsen products after the date hereof. Factors that may cause our actual results to differ materially from those in any forward-looking statement include: the ability to realize the anticipated benefits of the proposed acquisition and the proposed strategic partnership, including the possibility that the expected benefits from either the proposed acquisition or the proposed strategic partnership will not be realized; the impact of the acquisition on the AVA business; our ability to retain key AVA personnel; our effectiveness in integrating the AVA business and operations with our business; the effectiveness of the strategic partnership between Roku and Nielsen; our ability to realize our broader strategic and operating objectives; the effect of the announcement of the acquisition and the strategic partnership on Roku’s and Nielsen’s respective businesses; and the effects of any litigation or other proceedings to which we are or may become a party.

Further information on these and other risks and uncertainties are included in the reports Roku, Inc. files with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2020 and our Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on Roku’s website and are available from Roku without charge. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.

Roku and the Roku logo are registered trademarks and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries. Trade names, trademarks and service marks of other companies appearing in this press release are the property of their respective holders.

About Nielsen

Nielsen Holdings plc (NYSE: NLSN) is a leading global data and analytics company that provides a holistic and objective understanding of the media industry. With offerings spanning audience measurement, audience outcomes and content, Nielsen offers its clients and partners simple solutions to complex questions and optimizes the value of their investments and growth strategies. It is the only company that can offer de-duplicated cross-media audience measurement. Audience is Everything™ to Nielsen and its clients, and Nielsen is committed to ensuring that every voice counts.

This press release includes information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements include the delivery of an end-to-end DAI solution and the further development of Roku and Nielsen products after the date hereof. These statements are subject to risks and uncertainties, and actual results and events could differ materially from what presently is expected. Factors leading thereto may include, without limitation, the risks related to the COVID-19 pandemic on the global economy and financial markets, the uncertainties relating to the impact of the COVID-19 pandemic on Nielsen’s business, the failure of our new business strategy in accomplishing our objectives, conditions in the markets Nielsen is engaged in, behavior of customers, suppliers and competitors, technological developments, as well as legal and regulatory rules affecting Nielsen’s business and other specific risk factors that are outlined in our disclosure filings and materials, which you can find on http://www.nielsen.com/investors, such as our 10-K, 10-Q and 8-K reports that have been filed with the Securities and Exchange Commission. Please consult these documents for a more complete understanding of these risks and uncertainties. This list of factors is not intended to be exhaustive. Such forward-looking statements only speak as of the date of this communication, and we assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors, except as required by law.

An S&P 500 company, Nielsen offers measurement and analytics service in nearly 60 countries. Learn more at www.nielsen.com or www.nielsen.com/investors and connect with us on Twitter, LinkedIn, Facebook and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005975/en/

Roku

Media

Kim Sampson

[email protected]

Investors

Conrad Grodd

[email protected]

Nielsen

Media

Gorki De Los Santos

[email protected]

Investors

Amy Glynn

[email protected]

KEYWORDS: California New York United States North America

INDUSTRY KEYWORDS: Software Audio/Video Hardware TV and Radio Advertising Communications Technology Entertainment

MEDIA:

Posted on April 15, 2021 4:08 pm

Cohu to Announce First Quarter 2021 Results on April 29

Cohu to Announce First Quarter 2021 Results on April 29

POWAY, Calif.–(BUSINESS WIRE)–
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, will release financial results for first quarter 2021 on Thursday, April 29, 2021 at 5:00 a.m. Pacific Time/8:00 a.m. Eastern Time.

The Company will host a live conference call and webcast with slides to discuss the results at 5:30 a.m. Pacific Time/8:30 a.m. Eastern Time. Interested investors and analysts are invited to dial into the conference call by using 1-866-434-5330 (domestic) or 1-213-660-0873 (international) and entering the pass code 6397776. Webcast access will be available on the Investor Information section of the Company’s website at www.cohu.com.

The teleconference replay will be available through May 6, 2021. The replay dial-in number is 1-855-859-2056 (domestic) or +1-404-537-3406 (international) using pass code 6397776. The webcast replay will be available on the Company’s website through April 29, 2022 at www.cohu.com.

About Cohu:

Cohu (NASDAQ: COHU) is a global leader in back-end semiconductor equipment and services, delivering leading-edge solutions for the manufacturing of semiconductors and printed circuit boards. Additional information can be found at www.cohu.com.

For press releases and other information of interest to investors, please visit Cohu’s website at www.cohu.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210415005973/en/

Cohu, Inc.

Jeffrey D. Jones – Investor Relations

858-848-8106

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Semiconductor Hardware Manufacturing Other Manufacturing Technology

MEDIA:

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