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Day: June 23, 2022

With 11.1% CAGR, Building Information Modeling Market Size Worth USD 11.96 Billion in 2028

According to Fortune Business Insights, the global building Information Modeling Market Size is projected to hit USD 11.96 Billion in 2028, at CAGR of 11.1% during forecast period [2020-2028]; High Demand for Commercial and Personal Infrastructures to Aid Growth Pune, India, June 23, 2022 (GLOBE NEWSWIRE) — According to Our Analyst, the global building information modeling (BIM) market is set to gain impetus from the high demand for such software solutions from the architecture and construction sector. The worldwide market size was valued at USD 5.20 Billion in 2019, and is projected to reach USD 11.96 Billion by 2028, registering a CAGR of 11.1% from 2020 to 2028. This information is given by Fortune Business Insights™ in a new report, titled, “Building Information Modeling Market Size, Share & COVID-19 Impact Analysis, By...

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CE Brands Reports Fourth Quarter 2022 and Fiscal Year 2022 Financial Results and Announces Loan Facility with Vesta and Proposed Partnership with Kang-Shuo

CALGARY, Alberta, June 23, 2022 (GLOBE NEWSWIRE) — CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, today announced its financial results for the three-month (“Q4 2022”) and twelve-month periods (“Fiscal 2022”) ended March 31, 2022. The related audited financial statements and accompanying notes and Management’s Discussion and Analysis (“MD&A”) for Q4 and Fiscal 2022 are available on SEDAR at www.sedar.com and on CE Brands’ website at www.cebrands.ca. In addition, the Company is announcing that it has entered into a binding financing agreement with Vesta Global Stability Fund (“Vesta Fund”), pursuant to which Vesta Fund has agreed to advance a senior secured loan facility (the “Vesta Facility”) in the maximum amount of US$2,000,000 to the Company...

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View, Inc. Reports Q1 2022 Financial Results, Reaffirms Full Year 2022 Guidance

Q1 2022 HighlightsRevenue of $17 million, represents 74% year-over-year growth. GAAP cost of revenue of $41 million, up 12% year-over-year. Major customer wins and installations in Q1 2022 include Sorrento Gateway (Healthpeak: Lifesciences), Sven (The Durst Organization: Multifamily Residential), The Eight (Skanska: Office), The Artise (Schnitzer West/Amazon: Office) and SoFA One (Nabr: Multifamily). Management reaffirms full year 2022 revenue guidance of $100 million to $110 million.Conclusion of Financial RestatementView has completed 10-K and 10-Q filings for 2021, marking the completion of the Company’s financial restatement. Upon the upcoming 10-Q filing for Q1 2022, View will have completed all necessary filings to regain compliance with Nasdaq listing requirements. Nasdaq has granted View until June 30, 2022 to complete these...

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FactSet Reports Results for Third Quarter 2022

Q3 GAAP revenues of $488.8 million, up 22.3% from Q3 2021 Organic Q3 ASV plus professional services of $1.8 billion, up 10.1% year over year GAAP operating margin of 19.9% and adjusted operating margin of 36.6% GAAP diluted EPS of $1.93, down 26.3% from the prior year, and adjusted diluted EPS of $3.76, a 38.2% increase from the prior year FactSet reaffirms fiscal 2022 guidance, with growth expected at the upper end and the effective tax rate expected at the lower end of the previously communicated rangesNORWALK, Conn., June 23, 2022 (GLOBE NEWSWIRE) — FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its third quarter ended May 31, 2022. Third Quarter Fiscal 2022...

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Methode Electronics, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Financial Results

Strong Free Cash Flow in Fiscal Fourth Quarter Over $100 Million in Program Awards in Fiscal Fourth Quarter Record Fiscal 2022 Net Sales of $1,164 Million 3-Year Organic Sales Target AnnouncedCHICAGO, June 23, 2022 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting and power distribution applications, today announced financial results for the fourth quarter and full year of fiscal 2022 ended April 30, 2022. Fiscal Fourth Quarter 2022 HighlightsNet sales were $288.7 million, of which electric and hybrid vehicle applications were 17 percent Net income was $16.2 million, or $0.43 per diluted share Free cash flow was $33.6 million Company was awarded programs with expected annual sales of over $100 million Company announced 3-year...

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With 10% CAGR, Push-to-Talk Market Worth USD 25.22 Billion by 2028

According to Fortune Business Insights, the global push-to-talk (PTT) market size is projected to reach USD 25.22 billion in 2028, at a CAGR of 10% during the forecast period, 2022-2028 Pune, India, June 23, 2022 (GLOBE NEWSWIRE) — The global push-to-talk market size is projected to grow from USD 12 billion in 2019 to USD 25.22 billion in 2028 at a CAGR of 10% in the forecast period. Turbulence caused in business operations by the COVID-19 outbreak is likely to create lucrative sales opportunities for push-to-talk (PTT) solutions providers, suggests Fortune Business Insights™ in its recent report, titled “Push-to-Talk Market Forecast, 2021-2028.” Industry Developments: March 2020: Sweden-based telecommunications leader, Ericsson, announced that it will be acquiring 100% stake in the Spanish PTT solutions expert, Genaker. The acquisition...

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Argonaut Gold Reaffirms Magino’s Estimated Cost to Completion and Announces US$250 Million Binding Debt Commitment and Proposed Equity Financing to Fully Finance the Magino Construction Project

EAC Estimate EAC EstimateNOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 23, 2022 (GLOBE NEWSWIRE) — Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce today a reaffirmation of the estimated cost to completion of its 100% owned Magino project and a funding package which is expected to fully finance construction of the project. Debt Commitment The Company has received a binding commitment letter from a syndicate of lenders for the financing of a six year, US$200 million term loan credit facility and a three year revolving credit facility of US$50 million (the “Facilities”), for a total debt Facilities limit of US$250 million. The proceeds of the Facilities are to be used to refinance...

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Getty Images’ New Report Shows the Need for More Inclusive Representation in Sports Marketing Ahead of Title IX’s 50th Anniversary

White paper uncovers the current state of representation in sports across communities and American expectations 50 years after the legislation’s passage A Media Snippet accompanying this announcement is available by clicking on the image or link below:NEW YORK, June 23, 2022 (GLOBE NEWSWIRE) — Today, in anticipation of Title IX’s 50th anniversary on June 23, 2022, Getty Images, a preeminent global visual content creator and marketplace, has released a report focused on the importance of equal gender representations in sport marketing and advertising. The report offers key insights into American perceptions on the topic and actionable steps brands and businesses can take to promote more authentic and inclusive portrayals of women and girls in sports when engaging consumers. The report, titled ‘A New Era in Sports: The Demand for...

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Matterport to Present in Wells Fargo 4th Annual Bricks to Clicks Digital Conference

SUNNYVALE, Calif., June 23, 2022 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR), the spatial data company leading the digital transformation of the built world, today announced that it will participate in Wells Fargo 4th Annual Bricks to Clicks Digital Conference on Tuesday, June 28, 2022 at 12:00 p.m. ET. The presentation will be webcast live and archived on Matterport’s investor relations website at investors.matterport.com. About Matterport Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning,...

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BW Offshore: Partial repurchase of Senior Unsecured Convertible Bonds due 2024

Partial repurchase of Senior Unsecured Convertible Bonds due 2024 BW Offshore Limited has today repurchased bonds with an aggregate principal amount of USD 9,200,000 in its USD 297,400,000 Senior Unsecured Convertible Bonds due 2024 (ISIN: NO0010867948) for cancellation. Following the cancellation, the principal amount outstanding under the bond loan will be USD 288,200,000. For further information, please contact:Ståle Andreassen, CFO, +65 97 27 86 47Anders S. Platou, Head of Corporate Finance & Strategy, +47 99 50 47 40 About BW Offshore:BW Offshore engineers innovative floating production solutions. The Company has a fleet of 11 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide....

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