Month: May 2022

CHICAGO, May 12, 2022 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial real estate finance company, today announced its results for the first quarter ended March 31, 2022. John Mazarakis, Executive Chairman of Chicago Atlantic, noted, “The cannabis industry is one of the few sectors today that presents returns more correlated to regulatory milestones than the overall economic or interest rate environment. With a pipeline of $911 million in potential fundings, we continue to benefit from cannabis operators in our targeted limited-license states that are seeking debt capital to invest in accretive expansion plans to meet accelerating demand.” Tony Cappell, Chief Executive Officer of Chicago Atlantic, added, “We have maintained our strong start to the...

Updated financial guidance reflects strong Q1 performance and business momentum Practice Collections +63.3% compared to 1Q’21 Implemented Providers +27.3% compared to 1Q’21 Value-Based Care Attributed Lives +17.6% compared to 1Q’21ARLINGTON, Va., May 12, 2022 (GLOBE NEWSWIRE) — Privia Health Group, Inc. (Nasdaq: PRVA) today announced financial results for the first quarter ended March 31, 2022. Total revenue for the first quarter of 2022 was $313.8 million, compared to total revenue of $213.6 million for the prior year first quarter (+46.9%). Operating loss for the first quarter of 2022 was $11.5 million, compared to operating income of $7.9 million for the prior year first quarter. Net loss for the first quarter of 2022 was $17.5 million, or a loss of $0.16 per share, compared to net income of $5.4 million, or $0.06 per share,...

UPPSALA, Sweden, May 12, 2022 (GLOBE NEWSWIRE) — Olink Holding AB (publ) (“Olink”) (Nasdaq: OLK) today announced its unaudited financial results for the first quarter of 2022. HighlightsFirst quarter 2022 revenue totaled $22.7 million, representing year over year growth of 66% on a reported basis and 72% on a constant currency adjusted like-for-like basis First quarter cumulative Explore customer installations reached 27, with 9 additional Signature Q100 placements Explore revenue of $15.7 million accounted for 69% of total first quarter revenue, with Explore Kit revenue totaling $2.1 million, or 13% of total Explore revenue First quarter kits revenue and analysis services revenue represented 18% and 73% of total revenue, respectively First quarter 2022 adjusted EBITDA was ($9.1) million, with a net loss of ($12.2) million; compared...

This first ever at-home COVID-19 and flu test is designed to allow individuals to differentiate between the infections and seek appropriate treatment within 30 minutes from home EMERYVILLE, Calif., May 12, 2022 (GLOBE NEWSWIRE) — Lucira Health, Inc. (“Lucira Health” or “Lucira”) (Nasdaq: LHDX), a medical technology company focused on the development and commercialization of innovative infectious disease tests, announced today that it has submitted a request to the U.S. Food and Drug Administration for emergency use authorization (EUA) for its COVID-19 & Flu test. The request is for prescription at-home use of the PCR-quality test for those with suspected COVID-19 or Influenza. Lucira is seeking FDA authorization before this upcoming fall and winter, when SARS-CoV-2 and influenza viruses are likely to...

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — Better Choice Company Inc. (NYSE: BTTR) (the “Company” or “Better Choice”), a pet health and wellness company, today reported its financial results for the first quarter ended March 31, 2022. “We are excited to share our record Q1 2022 financial results. In spite of unprecedented supply chain disruptions felt across the consumer-packaged goods industry, we were able to deliver 57% growth in net sales relative to Q1 2021, driven by 178% growth in International sales and 129% growth in Brick & Mortar sales. The $19.7m of gross sales generated in this quarter represents an all-time high for Better Choice, surpassing the $15.9m generated in Q3 2021 by $3.8m and representing sequential quarterly growth of $6.1m, or 45% relative to Q4 2021,” said Scott Lerner, CEO of Better Choice. “We have...

ORLANDO, Fla., May 12, 2022 (GLOBE NEWSWIRE) — Kalera AS (Euronext Growth Oslo: KAL, Bloomberg: KSLLF), one of the preeminent leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, announced today that it has named James Leighton as President and Chief Executive Officer. Leighton is an accomplished executive with a strong reputation within the consumer-packaged goods and food industries. “Jim is a true Level 5 leader with a deep and varied background in leading companies in the food and CPG sectors. His focus on people and his disciplined approach to operations and execution will serve Kalera and its shareholders well in the years to come,” said Curtis McWilliams, the current Interim CEO and the incoming Chairman of Kalera’s Board of Directors following...

LOS ANGELES, May 12, 2022 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS) today announced that the Company has entered into a strategic partnership with marketing agency Red Moon Marketing to support new client activations built around the Versus XEO platform. The Company will be working with Red Moon to support their portfolio of clients, which include consumer packaged goods, retailers, and spirits, by enabling interactive fan engagement and rewards with Versus’ XEO Platform, a second screen gamified rewards platform currently leveraged by professional sports teams in the NFL, NHL, MLS, NBA and more. Versus’ technology will bolster Red Moon’s best in class digital and experiential capabilities and allow them to create unique engagement experiences for clients, customers and fans alike whether they...