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Day: November 29, 2021

Quhuo Announces Third Quarter 2021 Unaudited Financial Results

BEIJING, Nov. 29, 2021 (GLOBE NEWSWIRE) — Quhuo Limited (NASDAQ: QH) (“Quhuo,” the “Company,” “we” or “our”), a leading tech-enabled workforce operational solution platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2021. Financial and Operational Highlights for the Third Quarter of 2021Total revenues were RMB1,105.5 million (US$171.6 million), representing a 43.7% year-over-year increase. Revenues from on-demand delivery solutions increased 38.0% year-over-year. Revenues from mobility service solutions, consisting of shared-bike maintenance, ride hailing and freight service solutions, increased 364.5% year-over-year.(1) Revenues from housekeeping and accommodation solutions increased 538.0% year-over-year. Adjusted EBITDA was RMB35.1 million (US$5.4 million), representing...

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Bonum Bank Plc: Bonum Bank Plc and POP Bank Group: Financial information for 2021 will be published on 16 February 2022

Bonum Bank PlcStock Exchange Release29 November 2021, at 14.30   Bonum Bank Plc: Bonum Bank Plc and POP Bank Group: Financial information for 2021 will be published on 16 February 2022 Bonum Bank Plc will publish its financial statement bulletin (1 January 2021 – 31 December 2021) on 16 February 2022 by stock exchange release and on the website www.poppankki.fi. Also POP Bank Group will publish its financial statements bulletin (1 January 2021 – 31 December 2021) on 16 February 2022 on the website www.poppankki.fi. Bonum Bank Plc and POP Bank Group Additional information: Pia Ali-Tolppa, CEO, Bonum Bank Plc, tel. +358 50 303 1476, pia.ali-tolppa@poppankki.fi Jaakko Pulli, Acting CEO, POP Bank Centre Coop, tel. +358 40 503 5411, jaakko.pulli@poppankki.fi   DISTRIBUTION Nasdaq Helsinki Main Mediawww.poppankki.fi   Bonum Bank Plc is the...

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Rekor One™ To Be Deployed in Stamford, Watertown and Middlebury, Connecticut

In six months, Company’s platform achieves adoption in 26 US cities COLUMBIA, Md., Nov. 29, 2021 (GLOBE NEWSWIRE) — Rekor Systems, Inc, (NASDAQ: REKR) (“Rekor” or the “Company”), a global AI technology company with a mission to build safer, smarter and more efficient cities around the world through intelligent infrastructure, announced today that its Rekor One™ platform will be deployed in Stamford, Watertown and Middlebury, Connecticut. In the past six months, the Company’s technology has expanded into 26 cities in the United States. Additional new cities include Chattanooga, Tennessee; Tampa, Florida; Columbus, Ohio; Salt Lake City; Las Vegas; and St. Louis. This significant growth highlights the Company’s growing business among new and current customers as part of the Company’s land-and-expand strategy. “We are pleased...

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The Canada Infrastructure Bank and Algoma Steel Finalize Previously Announced Agreement to Finance Green Steel Transformation Plan

Disponible en français SAULT STE. MARIE, Ontario, Nov. 29, 2021 (GLOBE NEWSWIRE) — The Canada Infrastructure Bank (CIB) and Algoma Steel Inc., a subsidiary of Algoma Steel Group Inc. (Nasdaq: ASTL; TSX: ASTL) (Algoma) have entered into a definitive agreement with respect to the CIB’s previously announced commitment to finance the transformational upgrade of Algoma’s steelmaking processes at its facility in Sault Ste. Marie, Ontario. Under the terms of the agreement, the CIB will provide up to CDN $220 million in financing towards the approximately CDN $700 million transformation to electric arc furnace (EAF) steelmaking. On November 10, 2021, Algoma’s Board of Directors authorized the construction of two new electric arc furnaces to replace Algoma’s existing basic oxygen steelmaking operations. The CIB financing will enable Algoma...

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Community Redevelopment Continues Expansion; Signs LOI To Acquire Majority Membership Interest in 12 Property Washington, DC Portfolio

LOI marks Community Redevelopment’s continued commitment to rapid growth and expansion throughout the Mid-Atlantic and Southeastern United States MIAMI, Nov. 29, 2021 (GLOBE NEWSWIRE) — Community Redevelopment (OTC: CRDV) (“the Company”), a developer of community oriented real estate in urban and suburban markets with a focus on all aspects of the real estate development cycle, announced today that it has signed a letter of intent to acquire a 51% majority membership interest in a portfolio of 12 properties, which are both leased and under development, in the Washington DC metropolitan region. Community Redevelopment sourced this opportunity off-market and leveraged its reputation as a strong and credible buyer to enter into the letter of intent. The transaction is expected to close during the first quarter of 2022....

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Boxed Expands into Fast, Fresh Grocery Delivery with Acquisition of MaxDelivery

Boxed to Gain MaxDelivery’s Expertise in Micro Dark-Store Fulfillment and Fast Grocery Delivery with Plans to Replicate its Model in Additional Markets NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) — Boxed (“Boxed” or the “Company”), an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, today announced the signing of a definitive agreement to acquire MaxDelivery, one of New York’s first on-demand grocery delivery services. The transaction is expected to close in December 2021, subject to certain undisclosed financial terms and customary closing conditions. MaxDelivery provides New Yorkers with a fast, easy, and convenient way to have a broad assortment of groceries delivered directly to their door on-demand, through its one-hour delivery service in Manhattan. Since...

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ParcelPal Logistics Inc. Reports Record Third Quarter 2021 Financial Results Highlighted by Quarterly year over year Revenue Growth of 18%, Coupled with a 434% Increase in Gross Margin

VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) — ParcelPal Logistics Inc. (“ParcelPal” or the “Company”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce its Q3 2021 financial results highlighted by continued revenue growth of 18% and a 434% increase in gross margin compared to the same period 2020. Overview In Q3 2021, the Company continued its financial improvement, with gross revenue of approximately $1.74 million compared to $1.47 million in Q3 2020. Most notable is that our gross margin had a 434% increase from 2.7% in Q3 2020 to 12.0% in Q3 2021. Continued diversification of our customer base has continued to stabilize our revenue, driven by revenue out of the pharmaceutical, meal kit and retail spaces. The Company also moved into its first warehouse in the Vancouver area in July, which will allow us to...

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Blueberries Medical Reports 2021 Q3 Financial Results and Provides Corporate and Operations Update

TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) — Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA), the Canadian parent of Blueberries S.A.S. (“BBSAS”), the premier Latin American licensed cultivator and producer of medicinal cannabis and medicinal-grade cannabis extracts, (together the “Company” or “Blueberries“), is pleased to report its financial results for the quarter ended September 30, 2021. Today, Blueberries has filed its unaudited condensed interim consolidated financial statements and related management’s discussion and analysis, both of which are available on Blueberries’ profile at www.sedar.com. All amounts are expressed in Canadian dollars, unless otherwise noted. Blueberries Medical Corp. continues deploying the strategy of reducing administrative cost, capital and operational expenditures,...

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INTRUSION to Attend The Benchmark Company’s Discovery One on One Virtual Investor Conference this Thursday, December 2

PLANO, Texas, Nov. 29, 2021 (GLOBE NEWSWIRE) — INTRUSION (Nasdaq: INTZ), a leader in cyberattack prevention solutions including zero-days, announced today that it will attend The Benchmark Company’s Discovery One on One Virtual Investor Conference this coming Thursday, December 2, 2021. Executive management, including Joe Head, CTO, Franklin Byrd, CFO, and Gary Davis, CMO, will be available for video meetings with investors during the day. Please contact your Benchmark representative or the Shelton Group if you would like to meet with the Company during the conference. About INTRUSION, Inc. INTRUSION, Inc. (NASDAQ: INTZ) protects any-sized company by leveraging advanced threat intelligence with real-time artificial intelligence to kill cyberattacks as they occur – including zero-days. INTRUSION’s solution families include INTRUSION...

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Enthusiast Gaming’s Esports Audience Rises in New Nielsen Report

Luminosity Gaming’s hours watched on Twitch grow 20% in three months Luminosity Gaming remains the most watched esports team on Twitch globally TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ: EGLX; TSX: EGLX), a media and content platform for video game and esports fans to connect and engage, today announced the results of its second collaboration with Nielsen (NYSE: NLSN), the global leading source for media and sports measurement, to measure the total social reach and Twitch viewership of the Company’s Luminosity Gaming esports audience. As esports viewership continues to increase for Gen Z and Millennial audiences, Nielsen’s measurement of Luminosity Gaming’s audience provides trusted verification for brands looking to reach and engage this demographic. Based...

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