Day: June 29, 2022

Duck Creek Technologies Announces Third Quarter Fiscal 2022 Financial Results

Written by Customer Service on June 29, 2022. Posted in Earnings Releases And Operating Results.

Third Quarter Fiscal 2022 revenue grew 7% year-over-yearSaaS Annual Recurring Revenue grew 25% year-over-yearBOSTON, June 29, 2022 (GLOBE NEWSWIRE) — Duck Creek Technologies (NASDAQ: DCT), the intelligent SaaS solutions provider defining the future of property and casualty (“P&C”) insurance, today announced its financial results for the three and nine months ended May 31, 2022. “Duck Creek continued to demonstrate steady adoption of our industry leading, cloud-based SaaS platform, Duck Creek OnDemand, including an expanded relationship with a major tier one carrier. We are very well positioned with our core systems offerings and pursuing strategic expansion across the industry with the recent announcement of our intent to acquire Prima XL and Prima Compliance in France. This is an important milestone in Duck...

GSI Technology, Inc. Reports Revised Fourth Quarter and Fiscal Year 2022 Results

Written by Customer Service on June 29, 2022. Posted in Earnings Releases And Operating Results.

SUNNYVALE, Calif., June 29, 2022 (GLOBE NEWSWIRE) — GSI Technology, Inc. (NASDAQ: GSIT) is issuing this press release to revise the reporting of its financial results for its fourth fiscal quarter and fiscal year ended March 31, 2022. After issuing the original earning release, GSI Technology re-evaluated the methodologies and procedures involved in developing forecasts used to calculate its contingent consideration liability and used in the recoverability test over intangible assets. This re-evaluation of forecasting methodologies and procedures resulted in a reduction of approximately $1.3 million in selling, general and administrative expense with a corresponding decrease in the contingent consideration liability, which impacted other amounts on the consolidated statement of operation and consolidated balance sheet. The revised...

Giga-tronics Reports Fiscal 2022 Fourth Quarter and Year End Results

Written by Customer Service on June 29, 2022. Posted in Earnings Releases And Operating Results.

DUBLIN, Calif., June 29, 2022 (GLOBE NEWSWIRE) — (OTCQB: GIGA) – Giga-tronics Incorporated (“Giga-tronics” or the “Company”) today reported results for the fourth fiscal quarter and year ended March 26, 2022: Fourth Quarter Fiscal Year 2022 ReviewRevenue of $1.4 million in the fourth quarter of 2022 decreased 48% compared to revenue of $2.7 million in the fourth quarter of fiscal 2021.Microsource’s filter revenue decreased 54% compared to the fourth quarter of 2021 primarily due to lower order activity. Giga-tronics Division’s revenue increased to $260,000 in the fourth quarter of 2022 versus $180,000 in the fourth quarter of fiscal 2021Gross profit of $400,000 in the fourth quarter of fiscal 2022 decreased as compared to $830,000 in the fourth quarter of fiscal 2021 mainly due to the decrease in revenue. Total operating...

KCI Acquires AmChel Communications

Written by Customer Service on June 29, 2022. Posted in Mergers And Acquisitions.

KCI Acquires AmChel Communications KCI Technologies Inc. is pleased to announce the acquisition of AmChel Communications Inc., a Texas-based telecommunications firm.Wylie, TX, June 29, 2022 (GLOBE NEWSWIRE) — KCI Technologies Inc., a multi-disciplined engineering firm with offices throughout the United States, is pleased to announce the acquisition of AmChel Communications Inc., a Texas-based telecommunications firm. KCI will leverage AmChel’s expertise in turnkey cellular tower installation to expand its growing communications service offerings throughout the state and beyond.AmChel was founded in 2001 and has since earned a reputation as a leading firm for wireless network infrastructure projects in the region. Over the last two decades, AmChel’s experts have constructed, deployed, and maintained hundreds of macro cell and...

Banco Santander Chile: Announces Second Quarter 2022 Analyst and Investor Webcast / Conference Call

Written by Customer Service on June 29, 2022. Posted in Public Companies.

SANTIAGO, Chile, June 29, 2022 (GLOBE NEWSWIRE) — You are cordially invited to participate in Banco Santander Chile’s (NYSE: BSAC) conference call-webcast on Friday, July 29, 2022 at 11.00 AM (Eastern Time) where we will discuss 2Q 2022 financial results. The Bank’s Officers participating in the conference call are: Emiliano Muratore, CFO, Robert Moreno, Manager of Investor Relations and Claudio Soto, Chief Economist. A question and answer session will follow the presentation. The Earnings report will be published on July 29, 2022 before the market opens. The quiet period begins on July 15. To participate, the webcast presentation can be viewed at: https://mm.closir.com/slides?id=720987 Or please dial in using any of the below numbers:United Kingdom+44 203 984 9844 USA+1 718 866 4614 Austria+43 720 022981 Brazil+556120171549...

Amerant Bank Named Best Community Bank 2022 by New World Report’s Texas Business Awards

Written by Customer Service on June 29, 2022. Posted in Public Companies.

Katy Banking Center Amerant’s Katy Branch in the Houston area. Curtesy: Amerant Bank.HOUSTON, June 29, 2022 (GLOBE NEWSWIRE) — Amerant Bank, with a presence in Houston, TX, Tampa, FL, and South Florida, announces today it was chosen as the winner of New World Report’s Best Community Bank 2022 award, as part of its Texas Business Awards program. Texas is a true powerhouse among the U.S. landscape. When it comes to business, it has thrived for decades on the back of an unrivaled work ethic and strong values. Texans understand the power of a hard day’s work, and in treating clients with services that always exceed expectations. “We are proud to have been chosen as Texas’ Best Community Bank by New World Report,” said Francisco Rivero, Houston Market President, Amerant Bank. “Being one of the greatest, most diverse...

Verizon Frontline debuts connected police cruiser prototype

Written by Customer Service on June 29, 2022. Posted in Public Companies.

KANSAS CITY, Mo., June 29, 2022 (GLOBE NEWSWIRE) — Verizon Frontline debuted its latest public safety communications innovation Wednesday at the 2022 National Sheriffs’ Association annual conference. Verizon Frontline’s Mobile Utility Technology Transport (MUTT) is a one-of-a-kind, reimagined police cruiser capable of leveraging the network and technology of Verizon Frontline, including Verizon 5G Ultra Wideband (UW), along with additional applications and advanced computing solutions for first responders. The Verizon Frontline Response Team developed the vehicle, a refurbished Chevrolet Tahoe, with input from a number of public safety agencies, to serve as an example of what the police cruiser of the future may look like from a communications perspective. Incorporating a number of connectivity options, Verizon Frontline’s MUTT...

Nokia Corporation: Repurchase of own shares on 29.06.2022

Written by Customer Service on June 29, 2022. Posted in Public Companies.

Nokia CorporationStock Exchange Release29 June 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 29.06.2022 Espoo, Finland – On 29 June 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 284,256 4.56CEUX 46,576 4.56AQEU 16,990 4.56TQEX 9,178 4.55Total 357,000 4.56* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

AeroClean Technologies, Inc. Announces Closing of $15.0 Million Private Placement

Written by Customer Service on June 29, 2022. Posted in Public Companies.

PALM BEACH GARDENS, Fla., June 29, 2022 (GLOBE NEWSWIRE) — AeroClean Technologies, Inc. (“AeroClean” or the “Company”) (Nasdaq: AERC), announced today the closing of its previously-announced $15.0 million private placement with a single institutional investor. The transaction consists of 1,500,000 shares of AeroClean common stock and warrants to purchase up to an aggregate of 1,500,000 shares of common stock. The purchase price for one share of common stock and a warrant to purchase one share of common stock was $10.00. The warrants have an exercise price of $11.00 per share. Warrants with respect to approximately 1.26 million shares will become exercisable on the earlier of the effective date of a registration statement related to the transaction or the 90th day following the closing. The remainder of the warrants will become...

Lighthouse Credit Union Joins Central 1

Written by Customer Service on June 29, 2022. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, June 29, 2022 (GLOBE NEWSWIRE) — Central 1 is pleased to announce their newest Ontario member — Lighthouse Credit Union based out of Toronto, effective June 18, 2022. Newly formed Lighthouse Credit Union was created to serve the Greater Toronto Area’s Jewish community with a focus on making home ownership in Jewish neighbourhoods more accessible through competitive residential mortgages, everyday banking services and support to enable financial literacy and community philanthropy. “Our main purpose at Lighthouse is to be a financial institution that understands the unique needs of the Toronto Jewish Community and serve them in a meaningful way,” said Michel Cubric, CEO, Lighthouse Credit Union. “Working with Central 1 gives us access to many services, systems and networks that will bring a lot of value...

Day: June 29, 2022

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