Mediaboss Marketing

Beijing, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Glory Star New Media Group Holdings Limited (NASDAQ: GSMG, GSMGW) (Glory Star or the Company), a leading mobile and online digital media and entertainment company in China, today announced its financial results for the second quarter and half year ended June 30, 2020.

Second Quarter and Half Year 2020 Key Metrics Highlights

Second Quarter and Half Year 2020 Financial Highlights

_______

Mr. Bing Zhang, Founder and Chief Executive Officer of Glory Star, commented, We concluded the second quarter of 2020 with solid financial and operating results as we leveraged our state-of-the art technology and premium content production capabilities to form additional partnerships and grow our e-commerce marketplace in the period. Since May, the outbreak of COVID-19 has been gradually brought under control in China, and we have thus been able to resume producing our industry-leading lifestyle content and providing highly-effective content marketing services to our partners. As a result, we grew our CHEERS e-Mall user base and established more partnerships with internationally renowned luxury brands in the second quarter to further solidify out content leadership at the high-end of Chinas luxury e-commerce market. In line with these successes, our CHEERS e-Mall continued to perform well in the period, especially during the 6.18 e-commerce shopping festival in 2020. Looking ahead, we plan to continue bolstering our in-house content production capabilities, expanding our e-commerce platform, and developing those marketing solutions capable of meeting our industry partners needs. We remain confident that our superior content production capabilities and unique ability to engage with Chinas younger demographic will not only help to fuel our growth momentum, but also deliver lasting shareholder value over the long term.

Mr. Ian Lee, Chief Financial Officer of Glory Star, added, We are pleased to report another quarter of strong financial growth in spite of the challenging macro environment. GSMG delivered solid financial performance across our key financial metrics of revenue, cost reduction, profitability, and operating efficiency. Looking ahead, we remain committed to further optimizing our operating efficiency through cost structure management while also investing in those initiatives that are capable of enhancing our content production capabilities going forward.

Second Quarter and Half Year 2020 Key Metrics

We monitor the following key metrics to evaluate the growth of our business, measure the effectiveness of our marketing efforts, identify trends affecting our business, and make strategic decisions:

CHEERS App Downloads. We define this metric as the total number of downloads of the CHEERS App as of the end of the period. Because we have expanded into e-commerce through our CHEERS App, we believe that this is a key metric in understanding the growth in this business. The number of downloads demonstrates whether we are successful in our marketing efforts in converting viewers of our professionally-produced content on other platforms to the CHEERS App. We view the number of downloads at the end of a given period as a key indicator of the attractiveness and usability of our CHEERS App and the increased traffic to our e-Mall platform. As of June 30, 2020, downloads of the CHEERS App exceeded 121.0 million as compared to 35.5 million as of June 30, 2019. We believe that this increase in downloads demonstrates the success that we have in converting viewers of our content to the CHEERS App.

Daily Active Users (DAUs). We define daily active users, or DAUs, as a user who has logged in or accessed our online video content and/or our e-commerce platform using the CHEERS App, whether on a mobile phone or tablet. We calculate DAUs using internal company data based on the activity of the user account and as adjusted to remove duplicate accounts. DAU is a tool that our management uses to manage their operations. In particular, our management sets daily targets of DAUs and monitors the DAUs to see whether to make adjustments as to the promotional activities, advertising campaign, and/or online video contents. For the three months ended June 30, 2019 and 2020, the average DAUs were 1.0 million and 4.9 million, respectively. For the six months ended June 30, 2019 and 2020, the average DAUs were 0.7 million and 4.5 million, respectively.

Gross Merchandise Value (GMV). We define gross merchandise value, or GMV, as the total value of all orders for products and services placed in our online direct sales business and on our online marketplaces, regardless of whether the goods are sold or delivered or whether the goods are returned. As we grow our e-Mall platform, it is important to monitor the volume of merchandise that we have sold through the e-Mall. By keeping track of the GMV, it allows us to determine the attractiveness of our CHEERS App platform to our merchants and users. As of June 30, 2020, the Companys e-Mall has carried 19,984 SKUs in total, compared to 3,000 as of June 30, 2019. For the three and six months ended June 30, 2020, our e-Mall has recorded over $14.1 million and $20.0 million of GMV, respectively, achieving an impressive monthly GMV of $7.7 million in June 2020, up from only $0.5 million in June 2019. We believe that the growth in the GMV will be driven significantly with our ability to attract and retain users to the CHEERS App through our professionally-produced content and to further enhance our product offerings.

COVID-19 Affecting Our Results of Operations

In December 2019, COVID-19 started to spread in China, and then to other parts of the world in early 2020. The COVID-19 pandemic has resulted in quarantines, travel restrictions, and temporary closure of stores and facilities in China and elsewhere.

With the rapid spread of COVID-19, the global economy is under tremendous pressure and has triggered unprecedented policy changes in governments around the world. However, if the epidemic is not controlled in a timely manner, this could adversely affect businesses in China. We are closely monitoring the development of COVID-19 and continuously evaluate the potential impact on us and our industry.

Although the COVID-19 outbreak may materially adversely affect the global economy, there is a high rapid growth in the online entertainment and online consumption due to the restriction on outdoor activities. We have seen a rapid growth in our mobile and online operation during this period. As of June 30, 2020, the number of downloads of our CHEERS App increased by 241% compared to the number of downloads as of June 30, 2019. During the second quarter of 2020, DAUs increased by 409% and the monthly active users (MAUs) also received a 266% increase compared to the second quarter of 2019. Compared to the first half of 2019, DAUs increased by 522%, and the monthly active users (MAUs) also received a 342% increase. The total video playback volume has exceeded 17.1 billion, which is a 308% increase as compared to the total video playback volume as of June 30, 2019.

Second Quarter and Half Year 2020 Financial Results

Second quarter 2020 Financial Results

Revenues in the second quarter of 2020 increased by 6.3% to $19.7 million from $18.5 million in the same quarter of 2019, which was mainly due to the increase in advertising revenues. The advertising revenues in the second quarter of 2020 increased by $1.9 million, or 13.7%, as compared to $13.6 in the same period of 2019. Our advertisements are mainly embedded in short videos, our CHEERS App and live streams. As COVID-19 persists, peoples social habits have been changing dramatically, such as reducing outdoor activities and switching to increase online entertainment. Online advertising revenue growth became prominent in the second quarter of 2020 under this new stimulus.

Total operating expenses in the second quarter of 2020 decreased by 7.2% to $11.1 million from $11.9 million in the same period of 2019.

Income from operations in the second quarter of 2020 was $8.6 million, compared to $6.6 million in the same period of 2019. Operating margin in the second quarter of 2020 increased to 43.6% from 35.5% in the same period of 2019.

Non-GAAP income from operations in the second quarter of 2020 was $11.1 million, compared to $6.6 million in the same period of 2019.

Net income attributable to ordinary shareholders in the second quarter of 2020 was $9.1 million, compared to $6.6 million in the same period of 2019. Net margin in the second quarter of 2020 increased to 46.2% from 35.7% in the same period of 2019.

Non-GAAP net income attributable to ordinary shareholders in the second quarter of 2020 was $11.6 million, compared to $6.6 million in the same period of 2019.

Basic and diluted earnings per share in the second quarter of 2020 were $0.17 and $0.16, respectively. In comparison, the Companys basic and diluted earnings per share in the same quarter of 2019 were $0.16 and $0.14, respectively.

Non-GAAP basic and diluted earnings per share in the second quarter of 2020 were $0.21 and $0.21, respectively, compared with non-GAAP basic and diluted earnings per share of $0.16 and $0.14 in the same quarter of 2019, respectively.

Net cash provided by operating activities in the second quarter of 2020 was $0.1 million, compared with $1.8 million in the same quarter of 2019.

First Half 2020 Financial Results

Revenues in the first half of 2020 decreased by 8.8% to $29.4 million from $32.2 million in the same period of 2019. The decrease was mainly due to our sluggish performance in the first quarter of 2020 as a result of serious adverse impact of the COVID-19 and temporary termination of live streams for strategy transition that was resumed in the second quarter of 2020. Our revenues for first quarter of 2020 decreased by $4.0 million, or 29.06%, to $9.8 million compared to $13.8 million for the first quarter of 2019. During the second quarter of 2020, with the work resumption within China after COVID-19 outbreak, the Company was able to produce new TV series and enough short videos to meet the increased demands of online advertising services. Additionally, live streams business line was resumed with new business model to provide naming services. As disclosed above, revenues in the second quarter of 2020 increased by 6.3% to $19.7 million from $18.5 million in the same quarter of 2019.

Total operating expenses in the half year of 2020 decreased by 15.5% to $17.9 million from $21.2 million in the same period of 2019.

Cost of revenues in the half year of 2020 decrease by 43.2% to $10.4 million from $18.3 million in the same period of 2019, which was in line with the decrease of revenues. The incremental decrease was attributed by the decrease of expenditure on outsourcing the production of short videos due to travel restrictions and quarantine during the COVID-19 outbreak, as well as the payments to various channel owners for broadcast advertisements, as we made more use of our own platform on our CHEERS App which has already attracted a large number of users to provide advertising services.

Sales and marketing expenses in the half year of 2020 increased by 200.7% to $2.2 million from $0.7 million in the same period of 2019, mainly due to an increase in offline promotion and sales promotion for CHEERS E-mall (e.g. coupons and reward points provided to users on CHEERS e-Mall to stimulate platform consumption).

General and administrative expenses in the half year of 2020 increased by 183.9% to $5.1 million from $1.8 million in the same period of 2019, mainly due to an increase in share-based compensation expenses.

Research and development expenses in the half year of 2020 decrease by 25.0% to $0.3 million from $0.4 million in the same period of 2019, mainly due to a postponement in spending for research and development during the COVID-19 outbreak.

Income from operations in the half year of 2020 was $11.5 million, compared to $11.0 million in the same period of 2019. Operating margin in the half year of 2020 increased to 39.0% from 34.1% in the same period of 2019.

Non-GAAP income from operations in the half year of 2020 was $14.1 million, compared to $11.0 million in the same period of 2019.

Net income attributable to ordinary shareholders in the half year of 2020 was $12.0 million, compared to $10.7 million in the same period of 2019. Net margin in the half year of 2020 increased to 40.7% from 33.3% in the same period of 2019.

Non-GAAP net income attributable to ordinary shareholders in the half year of 2020 was $14.6 million, compared to $10.7 million in the same period of 2019.

Basic and diluted earnings per share in the half year of 2020 were $0.24 and $0.23, respectively. In comparison, the Companys basic and diluted earnings per share in the same period of 2019 were $0.26 and $0.23, respectively.

Non-GAAP basic and diluted earnings per share in the half year of 2020 were $0.29 and $0.28, respectively, compared with non-GAAP basic and diluted earnings per share of $0.26 and $0.23 in the same period of 2019, respectively.

Net cash used in operating activities in the half year of 2020 was $1.0 million, compared to net cash provided by operating activities of $4.6 million in the same period of 2019.

Cash and cash equivalents

As of June 30, 2020, the Company had cash and cash equivalents of $9.1 million, compared to $6.9 million as of December 31, 2019.

About Glory Star New Media Group Holdings Limited

Glory Star New Media Group Holdings Limited is a leading mobile entertainment operator in China. Glory Stars ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle TV series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching peoples lives. The Companys large and active user base creates valuable engagement opportunities with consumers and enhances platform stickiness with thousands of domestic and international brands.

Use of Non-GAAP Financial Measures

In evaluating the business, the Company considers and uses non-GAAP measures, such as non-GAAP operating income/(loss) and non-GAAP net income/(loss) attributable to ordinary shareholders, as supplemental measures to review and assess operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). The Company defines non-GAAP operating income/ (loss) as operating income/ (loss) excluding share-based compensation expenses. The Company defines non-GAAP net income/ (loss) attributable to ordinary shareholders as net income/ (loss) attributable to ordinary shareholders excluding share-based compensation expenses.

The Company presents these non-GAAP financial measures because they are used by management to evaluate operating performance and formulate business plans. The Company believes that the non-GAAP financial measures help identify underlying trends in its business by excluding the impact of share-based compensation expenses, which is a non-cash charge. The Company also believes that the non-GAAP financial measures could provide further information about the Companys results of operations, and enhance the overall understanding of the Companys past performance and future prospects.

The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools. The Companys non-GAAP financial measures do not reflect all items of income and expense that affect the Companys operations and do not represent the residual cash flow available for discretionary expenditures. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited. The Company compensates for these limitations by reconciling the non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating performance. The Company encourages you to review the Companys financial information in its entirety and not rely on a single financial measure.

For more information on the non-GAAP financial measures, please see the table captioned Glory Star New Media Group Holdings Limited Reconciliation of GAAP and Non-GAAP results set forth at the end of this press release.

Safe Harbor Statement

Certain statements made in this release are forward looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words estimates, projected, expects, anticipates, forecasts, plans, intends, believes, seeks, may, will, should, future, propose and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Companys control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Companys filings with the Securities and Exchange Commission, including the Companys Annual Report on Form 10-K filed with the SEC on March 31, 2020, the Current Report on Form 8-K/A(Amendment No. 2) filed with the SEC on March 31, 2020, which may be amended from time to time, and in our Quarterly Report on Form 6-K that will be filed following this earnings release. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

Contacts:

Glory Star New Media Group Holdings LimitedIan LeeEmail: ianlee@yaoshixinghui.com

GLORY STAR NEW MEDIA GROUP HOLDINGS LIMITEDCONDENSED CONSOLIDATED BALANCE SHEETS(In U.S. dollars in thousands, except share and per share data)

GLORY STAR NEW MEDIA GROUP HOLDINGS LIMITEDCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(In U.S. dollars in thousands, except share and per share data)(Unaudited)

Note:

GLORY STAR NEW MEDIA GROUP HOLDINGS LIMITEDCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(In U.S. dollars in thousands)(Unaudited)

GLORY STAR NEW MEDIA GROUP HOLDINGS LIMITEDRECONCILIATION OF GAAP AND NON-GAAP RESULTS(In U.S. dollars in thousands, except share and per share data)

Read more:
Glory Star New Media Group Holdings Limited Announces Second Quarter and Half Year 2020 Unaudited Financial Results - GlobeNewswire

BEIJING, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (the Company) (OTC:LKNCY) today announced the following:

The Company received a letter of resignation on August 3, 2020 from Ms. Jie Yang and Ms. Ying Zeng, respectively, under which Ms. Yang and Ms. Zeng notified the Company of their resignations from the Board of Directors of the Company, effective immediately.

The Company thanks Ms. Yang and Ms. Zeng for their dedicated service to the Company.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, estimates, potential, continue, ongoing, targets, guidance and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the SEC), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Companys beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Companys growth strategies; its future business development, results of operations and financial condition; its ability to understand buyer needs and provide products and services to attract and retain buyers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to rely on merchants and third-party logistics service providers to provide delivery services to buyers; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with merchants; trends and competition in Chinas e-commerce market; changes in its revenues and certain cost or expense items; the expected growth of Chinas e-commerce market; PRC governmental policies and regulations relating to the Companys industry, and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Companys filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.

About Luckin Coffee Inc.

Luckin Coffee Inc.(OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyones everyday life, starting with coffee. The Company was founded in 2017 and is based inChina. For more information, please visit investor.luckincoffee.com.

Investor and Media Contacts

Investor Relations:

Luckin Coffee Inc. IREmail:ir@luckincoffee.com

Bill Zima / Fitzhugh TaylorICR,Inc.Phone: +1 646 880 9039

Media Relations:

Luckin Coffee Inc. PREmail:pr@luckincoffee.com

Continue reading here:
Luckin Coffee Received Notifications from Ms. Jie Yang and Ms. Ying Zeng of their Resignations from the Board, Effective Immediately - GlobeNewswire

DURHAM, N.C., Aug. 03, 2020 (GLOBE NEWSWIRE) -- Precision BioSciences, Inc. (Nasdaq: DTIL), a clinical stage biotechnology company dedicated to improving life with its novel and proprietary ARCUS genome editing platform today announced it will report financial results for the second quarter of 2020 on August 13, 2020.

Matt Kane, Chief Executive Officer and co-founder of Precision along with Chris Heery, Chief Medical Officer at Precision, will also participate in the following upcoming investor conferences:

William Blair Biotech Focus ConferenceDate: August 6, 2020Fireside chat: 12:00 to 12:45 PM EDT

BTIG Virtual Biotechnology ConferenceDate: August 10, 2020Fireside chat: 10:30 10:55 AM EDT

Live webcasts of each presentation will be accessible on the Companys website, http://www.PrecisionBiosciences.com, under the Investors & Media section.

About Precision BioSciences, Inc.Precision BioSciences, Inc. is a clinical stage biotechnology company dedicated to improving life (DTIL) with its novel and proprietary ARCUS genome editing platform. ARCUS is a highly specific and versatile genome editing platform that was designed with therapeutic safety, delivery, and control in mind. Using ARCUS, the Companys pipeline consists of multiple off-the-shelf CAR T immunotherapy clinical candidates and several in vivo gene correction therapy candidates to cure genetic and infectious diseases where no adequate treatments exist. For more information about Precision BioSciences please visit http://www.precisionbiosciences.com.

Contact:Maurissa MessierSenior Director, Corporate CommunicationsMaurissa.messier@precisionbiosciences.com

Josh RappaportStern Investor Relationsjosh.rappaport@sternir.com

See the original post here:
Precision BioSciences to Report Second Quarter 2020 Financial Results and Present at Upcoming Investor Conferences - GlobeNewswire

Dover, Delaware, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Dover, Delaware -- Respected RV industry leader and President of theRV Advisor Consumer Association(RVACA) Gigi Stetler is issuing a nationwide alert to all businesses and individuals who are approached by Marcus Lemonis the star ofCNBCs The Profitand the CEO ofCamping World.

Unfortunately, Lemonis is the false profit. Every week I get contacted by individuals who have fallen victim to Lemonis predatorial and unscrupulous business tactics. Some have been outlined in an incredibleInc. exposby Will Yakowicz, but since CNBC has yet to remove him from The Profit, its time to protect other businesses and individuals before they are preyed upon by Lemonis and also destroyed, said Stetler.

Stetler is calling on all victims of Lemonis, CEO of Camping World, to come forward in efforts to attain justice.

Twonew lawsuitshave recently been filed against Lemonis by his former business partners, Nicolas Goureau and Stephanie Menkin, who were introduced to Lemonis when they appeared on The Profit.

Goureau and Menkin (who are siblings) allege that Lemonis fraudulently induced them to invest in their retail business, Courage B, in exchange for a capital investment and his expertise in growing their company. However, instead of trying to help, Lemonis allegedly focused on making the company indebted to him (in upwards of hundreds of thousands of dollars) so that he could control the company and its assets with the purpose of financially ruining it.

The complaints seek millions of dollars in damages from Lemonis and his entities. A copy of the complaints can be found here:Complaint 1;Complaint 2.

Over the years, Stetler has also witnessed the unscrupulous and deceptive business practices of Camping World, the RV powerhouse owned by Marcus Lemonis. Stetler says, former Camping World customers continually contact her after buying defective, lemon RVs from the industry giant. She says, these Camping World customers often spend months trying to get these defective RVs serviced, often with no success. Stetler says, she even has proof that some RVs are sold as new at Camping World but are actually pre-owned with multiple problems.

Its the same pattern over and over again. I even know somone who has contemplated suicide because of the financial damage Lemonis and Camping World has done to their life. Lemonis needs to be stopped and held accountable for his egregious actions, said Stetler.

Anyone who has been victimized by Marcus Lemonis is encouraged to immediately contact Stetlers legal team atlockelaw@thervadvisor.com. In addition, any whistleblowers, other potential victims or anyone able to offer information about Lemonis are encouraged to come forward.

RVACA President Gigi Stetler is available for media interviews. To coordinate, contact Kelcey Kintner at 646-391-8001 orkelcey@redbanyan.com

About Gigi Stetler

A fearless entrepreneur, Gigi Stetler created and leads the first female-owned RV company in the United States,RV Sales of Broward.With more than 30 years of experience in the industry, she is one of a handful of top RV experts in the country. Stetler also launched and runsThe RV Advisor- an online platform to effectively connect millions of RV owners, dealers, and service centers that is considered the Angies List of the RV industry. Stetler is also the founder of the non-profitRV Advisor Consumer Association (RVACA), which provides RVs to healthcare workers who need a safe space to quarantine and isolate during the COVID-19 pandemic.

See the original post here:
RV Industry Leader Gigi Stetler is Calling on all Victims of Marcus Lemonis - Star of CNBC's The Profit and CEO of Camping World - To Come Forward -...

Democrats are pushing to turn the Senate blue this November, needing just four more seats to gain control of the chamber. Two key races are in the Mountain West.

Click 'play' to hear the audio version of this story.

"The Democrats have a decent chance to pick up control of the Senate and that could very well could hinge on what happens in Colorado and Montana," said Robert Saldine, a political science professor at the University of Montana.

In Colorado, former Democratic Gov. John Hickenlooper is challenging incumbent Republican Sen. Cory Gardner. In Montana, current Democratic Gov. Steve Bullock seeks to oust Republican Sen. Steve Daines. Gardner and Daines are staunch supporters of President Trump. Both races are currently considered toss-ups by the Cook Political Report.

Saldine sees Hickenlooper and Bullock, both moderates, as separating themselves from the more progressive Democratic leadership in Washington, D.C.

"It's a play that I think has a better chance of working in the Mountain West than it does elsewhere, just because of the number of Democrats and the number of Republicans in each state," he said.

Both candidates shattered state fundraising records in the second quarter, with Hickenlooper raising $5.2 million and Bullock reporting a $7.7 million haul.

Recent polls suggest Hickenlooper has a slight edge over Gardner, but he has been losing ground. Meanwhile Montana polls dont give either Senate candidate there a lead beyond their margins of error.

This story was produced by the Mountain West News Bureau, a collaboration between Wyoming Public Media, Boise State Public Radio in Idaho, KUNR in Nevada, the O'Connor Center for the Rocky Mountain West in Montana, KUNC in Colorado, KUNM in New Mexico, with support from affiliate stations across the region. Funding for the Mountain West News Bureau is provided in part by the Corporation for Public Broadcasting.

See the original post here:
Control Of The Senate May Be Decided In The Mountain West - Wyoming Public Media