8-K - LENDWAY, INC. (0000875355) (Filer)

10-Q - LENDWAY, INC. (0000875355) (Filer)

8-K - LENDWAY, INC. (0000875355) (Filer)

8-K - LENDWAY, INC. (0000875355) (Filer)

8-K - LENDWAY, INC. (0000875355) (Filer)

10-Q - LENDWAY, INC. (0000875355) (Filer)

8-K - LENDWAY, INC. (0000875355) (Filer)

8-K - LENDWAY, INC. (0000875355) (Filer)

8-K - INSIGNIA SYSTEMS INC/MN (0000875355) (Filer)

DEFA14A - INSIGNIA SYSTEMS INC/MN (0000875355) (Filer)

MINNEAPOLIS, MN / ACCESSWIRE / August 10, 2023 / Lendway, Inc. (NASDAQ:LDWY) ("Lendway") today reported financial results for the second quarter ended June 30, 2023 ("Q2"). To better reflect its focus on non-bank lending, Lendway (formerly Insignia Systems, Inc.) changed its name and reincorporated in Delaware effective August 4, 2023. As part of the name change, our common stock now trades under the symbol "LDWY" on The Nasdaq Stock Market, LLC.In April 2023, we announced the launch of our non-bank lending business, through the hiring of Randy Uglem, who has over 20 years of experience in credit and lending, as our Senior Vice President of Lending. With Randy's promotion to President and CE

Randy Uglem Appointed CEO of Lendway Inc. in Connection with Pivot to Non-Bank LendingMINNEAPOLIS, MN / ACCESSWIRE / August 4, 2023 / Lendway, Inc. (formerly, Insignia Systems, Inc.) (NASDAQ:LDWY) (the "Company") has closed the previously announced sale of its in-store marketing business to an affiliate of Park Printing for an aggregate cash purchase price of $3.5 million, subject to an escrow and certain post-closing adjustments. Effective August 4, 2023, the Company has changed its name to Lendway, Inc. and the new ticker symbol "LDWY" as it focuses on building a scalable non-bank lending platform. As previously disclosed, the company's mission will be to create exceptional financing solut

Transition of CEO Kristine Glancy in Connection with Pivot to Non-Bank LendingMINNEAPOLIS, MN / ACCESSWIRE / July 31, 2023 / Insignia Systems, Inc. (NASDAQ:ISIG) ("the Company") today announced that its shareholders approved its previously announced agreement to sell its in-store marketing business to an affiliate of Park Printing, Inc. ("Park Printing") at the Company's annual meeting of shareholders held on July 27, 2023. The Company expects the sale to close after the market close as of August 3, 2023.Following completion of the sale, the Company will be focused on building a scalable non-bank lending platform, which purchases existing loans and/or originates and funds new loans. The Comp

MINNEAPOLIS, MN / ACCESSWIRE / May 9, 2023 / Insignia Systems, Inc. (NASDAQ:ISIG) ("Insignia") today reported financial results for the first quarter ended March 31, 2023 ("Q1").OverviewQ1 2023 net sales increased 108.7% to $12.8 million from $6.1 million in Q1 2022.Q1 2023 operating income was $1.5 million compared to $73,000 in Q1 2022.Q1 2023 net income was $1.6 million, or $0.92 per basic share and $0.91 per diluted share, compared to $62,000, or $0.03 per basic and diluted share in Q1 2022.Insignia's President and CEO, Kristine Glancy, commented, "Q1 2023 was the company's best revenue quarter ever, primarily driven by both new clients and retail expansion on our display solutions. We s

MINNEAPOLIS, MN / ACCESSWIRE / April 7, 2023 / Insignia Systems, Inc. (NASDAQ:ISIG) ("Insignia") today announced the hire of Randy Uglem as its Senior Vice President of Lending. Mr. Uglem will oversee the Company's newly-created Non-bank Lending Platform. Mr. Uglem has over twenty years of significant experience in credit and lending, and will direct and guide the Company as it looks to use its strong cash position to explore opportunities in the non-bank lending space.Insignia's Board Member, and largest shareholder, Nick Swenson commented, "We're very excited to be bringing Randy on board as such an experienced member of the traditional lending industry. His experience and his driven entre

MINNEAPOLIS, MN / ACCESSWIRE / March 6, 2023 / Insignia Systems, Inc. (NASDAQ:ISIG) ("Insignia") today reported financial results for the fourth quarter ("Q4") and the full year ended December 31, 2022.OverviewQ4 2022 net sales were $4.5 million, compared to $4.5 million in Q4 2021.Q4 2022 operating loss was $905,000 compared to operating loss of $1.3 million in Q4 2021.Q4 2022 net loss was $733,000, or $0.41 per basic and diluted share, compared to net loss of $1.0 million, or $0.56 per basic and diluted share in Q4 2021.2022 net sales were $18.8 million, a decrease of 3.6% from $19.5 million in 2021.2022 operating income was $9.6 million (including litigation settlement proceeds of $12 mil

MINNEAPOLIS, MN / ACCESSWIRE / November 8, 2022 / Insignia Systems, Inc. (NASDAQ:ISIG) ("Insignia") today reported financial results for the third quarter ended September 30, 2022 ("Q3").OverviewQ3 2022 net sales increased 39.4% to $4,869,000 from $3,493,000 in Q3 2021.Q3 2022 operating income was $11,539,000 (including a $12 million gain on litigation) compared to operating loss of $925,000 in Q3 2021.Insignia's President and CEO Kristine Glancy commented, "Q3 2022 sales increased 39.4% compared to Q3 2021 driven by significant growth in our display and on-pack portfolio. Display and on-pack sales grew 101% versus prior year due to both new client acquisition as well as repeat business from

MINNEAPOLIS, MN / ACCESSWIRE / August 9, 2022 / Insignia Systems, Inc. (NASDAQ:ISIG) ("Insignia") today reported financial results for the second quarter ended June 30, 2022 ("Q2").OverviewQ2 2022 net sales decreased 46.6% to $3.3 million from $6.1 million in Q2 2021.Q2 2022 operating loss was $1.1 million compared to operating loss of $853,000 in Q2 2021.Q2 2022 net loss was $1.1 million, or $0.61 per basic and diluted share, compared to a net loss of $894,000, or $0.51 per basic and diluted share in Q2 2021.Insignia's President and CEO, Kristine Glancy, commented, "Overall sales decreased 46.6% in Q2 2022 compared to a very strong Q2 2021. Our clients did not repeat two large display progr

NEW YORK, May 31, 2022 (GLOBE NEWSWIRE) -- David E. Lazar, an experienced private investor specializing in reverse merger and other event-driven opportunities, today filed a Schedule 13D announcing his acquisition of approximately 5.1% of the common stock outstanding of Insignia Systems, Inc. (NASDAQ:ISIG) ("ISIG" or the "Company"). Mr. Lazar issued the following statement: "I invested in ISIG due to the Company's stated intention to explore strategic options to maximize shareholder value, including, but not limited to, a potential acquisition, merger, business combination or other strategic transaction and its retention of a strategic financial advisor to assist the Company in this revie

MINNEAPOLIS, MN / ACCESSWIRE / May 10, 2022 / Insignia Systems, Inc. (NASDAQ:ISIG) ("Insignia") today reported financial results for the first quarter ended March 31, 2022 ("Q1").OverviewQ1 2022 net sales increased 14.1% to $6.1 million from $5.4 million in Q1 2021.Q1 2022 operating income was $73,000 compared to an operating loss of $1.8 million in Q1 2021.Q1 2022 net income was $62,000, or $0.03 per basic and diluted share, compared to a net loss of $0.7 million, or $0.42 per basic and diluted share in Q1 2021.Insignia's President and CEO, Kristine Glancy, commented, "We had a very solid start to 2022, growing overall revenue 14.1% versus Q1 2021 driven by our continued focus on growing ou

Insignia Systems, Inc. (NASDAQ:ISIG) ("the Company") today announced that its shareholders approved its previously announced agreement to sell its in-store marketing business to an affiliate of Park Printing, Inc. ("Park Printing") at the Company's annual meeting of shareholders held on July 27, 2023. The Company expects the sale to close after the market close as of August 3, 2023. Following completion of the sale, the Company will be focused on building a scalable non-bank lending platform, which purchases existing loans and/or originates and funds new loans. The Company's Chairman, Mark Jundt, commented: "Upon the closing of the sale of our in-store marketing business, we will be complet

What is a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the communication services sector: Urban One (NASDAQ:UONEK) - P/E: 7.15 Liberty SiriusXM Gr (NASDAQ:LSXMA) - P/E: 8.76 Lizhi (NASDAQ:LIZI) - P/E: 2.75 Scienjoy Holding (NASDAQ:SJ) - P/E: 5.95 Insignia Systems (NASDAQ:ISIG) - P/E: 1.19 Urban One saw a decrease in earnings per share from 0.28 in Q2 to $0.08 now. This quarter, Liberty SiriusXM Gr experienced a decrease i

What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the communication services sector: Tegna (NYSE:TGNA) - P/E: 5.83 AdTheorent Holding (NASDAQ:ADTH) - P/E: 2.08 Insignia Systems (NASDAQ:ISIG) - P/E: 1.19 DISH Network (NASDAQ:DISH) - P/E: 2.03 KT (NYSE:KT) - P/E: 5.93 Most recently, Teg

Gainers Insignia Systems (NASDAQ:ISIG) shares rose 26.5% to $9.49 during Wednesday's pre-market session. The market value of their outstanding shares is at $17.0 million. The company's, Q1 earnings came out yesterday. Taboola.com (NASDAQ:TBLA) shares moved upwards by 17.1% to $2.67. The market value of their outstanding shares is at $795.5 million. As per the news, the Q1 earnings report came out today. Angi (NASDAQ:ANGI) stock rose 14.0% to $2.85. The company's market cap stands at $1.4 billion. As per the news, the Q1 earnings report came out yesterday. CarGurus (NASDAQ:CARG) stock moved upwards by 13.31% to $18.55. The company's market cap stands at $2.1 billion. The company's, Q1 ear

Insignia Systems (NASDAQ:ISIG) reported quarterly earnings of $0.91 per share. This is a 2933.33 percent increase over earnings of $0.03 per share from the same period last year. The company reported $12.80 million in sales this quarter. This is a 108.20 percent increase over sales of $6.15 million the same period last year.

What is a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the communication services sector: Jiayin Gr (NASDAQ:JFIN) - P/E: 1.33 Urban One (NASDAQ:UONE) - P/E: 9.04 Insignia Systems (NASDAQ:ISIG) - P/E: 1.16 Gray Television (NYSE:GTN) - P/E: 1.78 Liberty SiriusXM Gr (NAS

What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching: KT (NYSE:KT) - P/E: 5.7 Liberty SiriusXM Gr (NASDAQ:LSXMA) - P/E: 7.68 Sinclair Broadcast Group (NASDAQ:SBGI) - P/E: 0.46 Insignia Systems (NASDAQ:ISIG) - P/E: 1.31 Verizon Communications (NYSE:VZ) - P/E: 7.69 KT saw a decrease in earnings per share from 0.48 in Q3 to $0.35 now. Liberty Sirius

What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching: Jiayin Gr (NASDAQ:JFIN) - P/E: 1.32 Liberty SiriusXM Gr (NASDAQ:LSXMK) - P/E: 7.16 Xunlei (NASDAQ:XNET) - P/E: 6.33 Insignia Systems (NASDAQ:ISIG) - P/E: 1.54 E

Insignia Systems (NASDAQ:ISIG) reported quarterly losses of $(0.41) per share. This is a 26.79 percent increase over losses of $(0.56) per share from the same period last year. The company reported $4.53 million in sales this quarter. This is a 0.02 percent increase over sales of $4.53 million the same period last year.