Stocks That Surged Most In The Past Quarter: $EDSA $OBLG $MJCO – Wire Real Estate

Stocks That Surged Most In The Past Quarter: $EDSA $OBLG $MJCO




Sep 2, 2020

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Edesa Biotech Reports Its Q3 2020 Results

https://themarketsignal.com/Free-Report/EDSA

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Edesa Biotech Inc. (NASDAQ:EDSA) was up 257.63% over the past quarter. The company has announced its fiscal Q3 2020 results and for the nine months ending June 30, 2020. In Q3 2020 the company reported total revenues of $0.11 million which reflected the sale of product inventory that it obtained through the reverse acquisition finalized in June. The company posted a net loss of $1.77 million or $0.2 per share relative to a net loss of $1.29 million or $0.3 per share in Q3 2019.

For the nine months ending June total revenue was $0.33 million while net loss for the period was $4.35 million or $0.52 per share compared to a net loss of $2.19 million or $0.61 per share.

Oblong's Mezzanine(TM) Solution To Be Deployed By A leading Retailer For Its Teams

https://themarketsignal.com/Free-Report/OBLG

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Oblong Inc (NYSE:OBLG) has also seen a surge in its stock gaining 138.57% over the past quarter. The company has announced that it's Mezzanine(TM) multi-stream collaboration solution has been picked by an S&P 500 big Box retailer to transform its corporate meeting spaces. This solution will enhance the engaging experience and support the effective collaboration of teams at the retailer's headquarters amid the new social distancing norm.

The solution will help members interact with several digital content streams of digital content in the Cisco WebEx meetings thus transforming meeting into productive experiences. The retailer will deploy the Mezzanine in ten countries across sixteen cities.

Majesco Implements Oracle NetSuite To Drive Operations Efficiency

https://themarketsignal.com/Free-Report/MJCO

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Another stock that surged most in the last quarter is Majesco Ltd (NASDAQ:MJCO) which is up 136.82%. the company has implemented Oracle NetSuite to help in transforming its main business operations as well as enhance customer service and internal departments. Majesco CEO stated that they picked NetSuite as it will help in the standardization of operations as well as improve business insights and efficiency in serving customers.

The company has signed a revised definitive agreement with Thoma Bravo which will see it being acquired for around $729 million. Thoma will acquire outstanding shares of Majesco at $16 per share after which Majesco will be operating as a private entity.

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