Day: January 18, 2022

Sify Technologies to announce Financial Results for Third Quarter FY 2021-22 on January 24, 2022

Written by Customer Service on January 18, 2022. Posted in Public Companies.

CHENNAI, India, Jan. 18, 2022 (GLOBE NEWSWIRE) — Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced that it will report its unaudited IFRS financial results for the third quarter ended December 31, 2021 on Monday January 24, 2022 before the market opens. In conjunction with the announcement, Sify will host a conference call at 8:30 AM ET with Mr. Raju Vegesna, Chairman of the Board, Mr. Kamal Nath, Chief Executive Officer and Mr. M P Vijay Kumar, Chief Financial Officer. Interested parties may participate by dialling +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International) with access code 418080, which will also be simultaneously broadcast live...

FOMO & SMARTSOLUTION ANNOUNCE RECORD YEAR

Written by Customer Service on January 18, 2022. Posted in Public Companies.

Sales for 2021 increased by 160% over last year across education and corporate markets Chicago IL, Jan. 18, 2022 (GLOBE NEWSWIRE) — FOMO CORP.’s (OTC: FOMC) acquisition target under definitive agreement, SMARTSolution Technologies, L.P. (“SST”), the region’s premier Audio/Visual integration company for education, corporations and non-profits, today announced $8.4 million in contracts with $4.8 million closed as of December 31, 2021. The remaining $3.6 million of these contracts are expected to close in the 1st quarter of 2022. This includes 1,546 interactive displays in classrooms, serving over one hundred and fifty school districts, including private and charter schools across Pennsylvania and Ohio. Mitchell Schwartz, Founder and CEO of SST said: “Despite the current COVID pandemic and its attendant logistics and manpower issues,...

Eldorado Provides 2022 Production and Cost Guidance and Outlines Improved Five-Year Outlook

Written by Customer Service on January 18, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) — Eldorado Gold Corporation, (“Eldorado” or the “Company”) today provided detailed 2022 production and cost guidance and an improved five-year production outlook. Highlights2022 gold production is expected to be between 460,000 to 490,000 ounces. Mid-point of 2022 gold production is 30,000 ounces or 7% higher compared to the previous 2022 guidance provided in January 2021, due primarily to increased mining rates at Lamaque, increased recovery rates at Kisladag, and increased throughput and higher grades at Olympias. Mid-point of annual gold production has increased on average by approximately 4% or 21,250 ounces per year for 2022 to 2025, compared to guidance provided in January 2021 for the same period.The Company’s 2022 gold production is forecast to be between 460,000...

Ashland provides update on fiscal 2022 first-quarter earnings and maintains financial outlook for fiscal year 2022; sets date for fiscal 2022 first-quarter earnings release

Written by Customer Service on January 18, 2022. Posted in Earnings Releases And Operating Results.

WILMINGTON, Del., Jan. 18, 2022 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2022 first-quarter financial results and maintained its outlook for fiscal year 2022 results. Additional information regarding first-quarter fiscal 2022 earnings will be shared during a conference call webcast with securities analysts on Wednesday February 2, 2022. Preliminary fiscal 2022 first-quarter financial results Ashland’s financial results during the quarter reflected previously communicated key drivers:Continued strong end-market demand. Persistent supply-chain and labor-availability challenges impacting shipments and on-time order delivery. Lag impact on cost-inflation recovery from pricing actions.Sales were approximately $512 million, up 9 percent versus the prior-year period....

Goodfood Reports First Quarter 2022 Results with Stable Meal Subscription Net Sales, Growing Active Customers (1) and Canadians Beginning to Rapidly Adopt On-Demand Grocery Delivery

Written by Customer Service on January 18, 2022. Posted in Earnings Releases And Operating Results.

Net Sales of $78 million stable compared to $79 million in the fourth quarter of Fiscal 2021 Gross margin expanded to 24.0%, up by 110 basis points over the fourth quarter of Fiscal 2021 Net loss of $22 million includes $2 million of reorganization costs related to cost saving initiatives 370 basis points sequential quarterly Adjusted EBITDA margin (1) improvement coming in at negative 18.7% compared to a negative 22.4% in the fourth quarter of Fiscal 2021, driven by gross margin expansion and selling, general and administrative expense reduction Return to quarter-over-quarter quarterly Active Customer (1) count growth, increasing to 254,000 from the fourth quarter of Fiscal 2021 of 249,000 Growing on-demand quarterly Active Customers (1) to over 13,000 as of today, a 50%+ growth in the 8 weeks since the launch of quick-commerce delivery,...

Armada Hoffler Properties Completes the Acquisition of Class A+ Mixed-Use Exelon Building in Baltimore’s Harbor Point

Written by Customer Service on January 18, 2022. Posted in Mergers And Acquisitions.

Mixed-use property complements company’s existing portfolio in waterfront downtown neighborhood VIRGINIA BEACH, Va. and BALTIMORE, Jan. 18, 2022 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) (the “Company”) completed the previously announced $246 million acquisition of a 79% interest and additional 11% economic interest in the Exelon building, a prime mixed-use property in Baltimore’s desirable Harbor Point neighborhood. Beatty Development Group retains a 10% ownership position in the Exelon property following the completed transaction. The Exelon property features a 23-story Class A office building with 444,000 square feet of space, 103 multifamily units – the 1305 Dock Street apartments, 38,500 square feet of retail space, and 750 parking spaces. Fortune 100 energy company Exelon currently occupies the office...

Aurora Mobile Launches JG Intelligent Timing to Optimize Push Notifications and Improve Click-Through Rates for Mobile Apps

Written by Customer Service on January 18, 2022. Posted in Public Companies.

SHENZHEN, China, Jan. 18, 2022 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has recently launched JG Intelligent Timing, a new product which helps app operators identify the most suitable times to send push notifications effectively and improve the Click-Through Rate (CTR) of active users. According to initial results, JG Intelligent Timing has helped app operators increase CTR by about 20% on average. In recent years, as push notifications become the main channel for apps to reach millions of users, app operators have gradually identified the best timings for push notifications. Apps can achieve higher user reach during peak hours such as on the way to work and returning home, during lunch breaks and before...

Aspo subsidiary ESL Shipping continues fleet renewal in accordance with its strategy by selling the barge Espa

Written by Customer Service on January 18, 2022. Posted in Public Companies.

Aspo PlcPress ReleaseJanuary 18, 2022, at 12.15 p.m. Aspo subsidiary ESL Shipping continues fleet renewal in accordance with its strategy by selling the barge Espa Aspo’s ESL Shipping continues fleet renewal by selling its smallest, 9000 dwt towable barge Espa to Raduga Shipping and Trading OÜ. The transaction was concluded and Espa subsequently delivered to her new owner today 18th of January. A sales gain of approximately 1.4 million euros will be recorded in the profit of ESL Shipping’s first quarter. Espa was built in 1987 as the last vessel of the Vuosaari shipyard in Helsinki. She was designed and equipped for efficient transportation and lightering of energy coal cargoes to powerplants in Helsinki. In recent years she was mainly used for cement industry transport demand. She also spent one summer as a floating beach volley field...

GTreasury Acquires Hedge Trackers, the Global Leader in Hedge Accounting Software and Consulting

Written by Customer Service on January 18, 2022. Posted in Mergers And Acquisitions.

CFO demand for financial risk solutions is soaring; the deal gives GTreasury industry-leading hedge accounting technology and expertise CHICAGO, Jan. 18, 2022 (GLOBE NEWSWIRE) — GTreasury, a treasury and risk management platform provider, today announced the acquisition of Hedge Trackers, the leading provider of accounting, consulting, and software services to protect clients against financial risk. The acquisition joins Hedge Trackers’ hedge accounting expertise and SaaS solutions with GTreasury’s unparalleled treasury and risk management platform. The combination of the two companies provides customers with best-in-class, integrated risk management technologies while continuing to expand GTreasury’s SaaS ecosystem built for treasury teams and the office of the CFO. “Most CFOs and treasury teams understand the criticality of exposures...

Spotlight Capital Holdings Announces Acquisition of Chevine Transport LLC

Written by Customer Service on January 18, 2022. Posted in Mergers And Acquisitions.

LAS VEGAS, Jan. 18, 2022 (GLOBE NEWSWIRE) — Spotlight Capital Holdings (OTCMKTSPINK: SLCH) is proud to announce that it has completed the acquisition of Florida-based trucking company Chevine Transport LLC. This acquisition has secured an entry position for Spotlight Capital to move into the ever-expanding yet the necessary world of Transportation and Logistics. Chevine Transport led by its founder Ms. Lesline Johnson has successfully positioned the company to be scaled, the company operates a small fleet of semi-trucks providing on-demand supplemental services as a contract carrier to larger trucking companies and third-party logistics providers. “This move into trucking stand-alone will be a value add and a revenue-generating asset within Spotlight Capital’s portfolio,” said newly appointed president Deshorn King. The deal comes...

Day: January 18, 2022

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