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Month: July 2022

Telia Lietuva results for 6 months of 2022

The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, and Interim Report for 6 months’ period ended 30 June 2022. Second quarter of 2022 (compared with the same period a year ago):– Revenue increased by 8.9 per cent and amounted to EUR 110.7 million (EUR 101.6 million).– EBITDA (excl. non-recurring items) went up by 10 per cent to EUR 37.5 million (EUR 34.1 million).– EBITDA increased by 10.3 per cent and amounted to EUR 37.5 million (EUR 34 million).– Profit for the period grew by 14.5 per cent to EUR 14.1 million (EUR 12.3 million). First half of 2022 (compared with the same period a year ago):– Revenue was up 6.8 per...

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Cloud revenue in steady growth, demerger of Consumer security into F-Secure completed successfully

WithSecure Corporation, Half-year report January – June 2022, 20 July 2022 at 08.00 EEST Half-year report 1 January – 30 June 2022 Cloud revenue in steady growth, demerger of Consumer security into F-Secure completed successfully WithSecure completed the separation of its Consumer security business into an independent company F-Secure through a partial demerger on 30 June 2022, according to the plan first announced on 17 February 2022 by the Board of Directors. In this half-year report, WithSecure is presenting consumer security business as Discontinued operations under IFRS 5. Previous quarters’ income statements are restated accordingly. Highlights of April – June 2022 (Q2) Continuing operationsRevenue of WithSecure increased by 2% to EUR 32.5 million (EUR 31.9 million)Revenue from cloud-native corporate security solutions...

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Hyloris Reports Positive Phase 1 Data for HY-004, a proprietary Tranexamic Acid Oral Mouth Rinse for bleeding related to dental procedures

Hyloris Reports Positive Phase 1 Data for HY-004, a proprietary Tranexamic Acid Oral Mouth Rinse for bleeding related to dental proceduresHY-004 provides a new treatment alternative for use in patients on anti-coagulant therapies undergoing dental procedures that have a risk of bleeding or complicationHY-004 administered locally had minimal systemic exposure and was well-tolerated following molar extraction in healthy patientsHY-004 to be developed to address a significantly larger target marketPivotal study expected to start early next year to usher HY-004 into later stage developmentRegulated Information – Inside Information Liège, Belgium – 20 July 2022 – 07:00 AM CEST – Hyloris Pharmaceuticals SA (Euronext Brussels: HYL), a specialty biopharma company committed to addressing unmet medical needs through...

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ASML reports €5.4 billion net sales and €1.4 billion net income in Q2 2022

ASML reports €5.4 billion net sales and €1.4 billion net income in Q2 2022Supply chain constraints drive more fast shipments; expected 2022 sales growth around 10% VELDHOVEN, the Netherlands, July 20, 2022 – today ASML Holding NV (ASML) has published its 2022 second-quarter results.Q2 net sales of €5.4 billion, gross margin of 49.1%, net income of €1.4 billion Record quarterly net bookings in Q2 of €8.5 billion2 ASML expects Q3 2022 net sales between €5.1 billion and €5.4 billion and a gross margin between 49% and 50% Expected sales growth for the full year of around 10% The value of fast shipments* in 2022 leading to delayed revenue recognition into 2023 is expected to increase from around €1 billion to around €2.8 billion(*) A fast shipment process skips some of the testing in our factory. Final testing and formal acceptance then...

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Coop Pank unaudited financial results for Q2 2022

By the end of the Q2 2022, Coop Pank had 130,700 customers, during the quarter the number of customers increased by 8,300 (+7%). The bank had 58,700 active customers, during the quarter the number of active customers increased by 4,500 (+8%). In Q2 2022, volume of deposits in Coop Pank increased by 100 million euros (+9%), reaching total of 1.25 billion euros. Deposits from domestic companies showed the fastest growth, increasing by 87 million euros, of which 31 million were demand deposits and 57 million were term deposits. Deposits from private clients increased by 4 million euros, demand deposits increased by 11 million euros and term deposits decreased by 7 million euros. Deposits from international deposit platform Raisin and other financing increased by 9 million euros. Compared to Q2 2021, volume of Coop Pank’s deposits has...

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June 2022 Quarterly Activities Report

Record revenues and annual production volumes achievedFigure 1 Olaroz Stage 2 – ponds have reached 100% completion and lime plant No.3 is now completeFigure 2 Sal de Vida – camp expansion (left) and first pond completed and filled (right)BRISBANE, Australia, July 20, 2022 (GLOBE NEWSWIRE) — Allkem Limited (ASX|TSX: “AKE”, the “Company”) provides an update on its global lithium portfolio, business activities and financial position1 as at 30 June 2022. HIGHLIGHTS OPERATIONSMt Cattlin achieved record financial year production of 193,563 dry metric tonnes (“dmt”) of spodumene concentrate in FY22 In the June quarter, 24,845 dmt of spodumene concentrate was produced and 37,837 dmt was shipped, generating record revenue of US$188.9 million with a gross cash margin of 84% based on cost of production and average pricing...

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HIVE Achieves Record Annual Revenue Ended March 31, 2022 of $211 Million and Earnings of $79 Million with a 545% Growth in BTC Mining Hashrate

VANCOUVER, British Columbia, July 19, 2022 (GLOBE NEWSWIRE) — HIVE Blockchain Technologies Ltd. (TSX.V: HIVE) (Nasdaq: HIVE) (FSE: HBFA.F) (the “Company” or “HIVE”) announces its results for the full year ended March 31, 2022 (all amounts in US dollars, unless otherwise indicated). Revenue was $211.2 million this fiscal year, a 212% increase from the prior year. Record net income of $79.6 million, up significantly from $24.1 million a year earlier. Basic income per share grew 191% to $1.02 from $0.35 during the prior year. Gross mining margin1 expanded to $163.9 million, from $51.1 million last year. Even with financings during the year and the acquisition and expansion of our New Brunswick facility, our growth in revenue and net income was accretive on a per share basis. These great gains in our revenues and earnings are a result...

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Revolution Medicines Announces Pricing of Upsized $230.0 Million Public Offering of Common Stock

REDWOOD CITY, Calif., July 19, 2022 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing targeted therapies for RAS-addicted cancers, today announced the pricing of its underwritten public offering of 11,500,000 shares of common stock at a public offering price of $20.00 per share, before underwriting discounts and commissions. All of the shares of common stock are being offered by Revolution Medicines. In addition, Revolution Medicines has granted the underwriters a 30-day option to purchase up to an additional 1,725,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Revolution Medicines, are...

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Faircourt Asset Management Inc. Announces Adjustment in Distribution for the Trust Units of Faircourt Split Trust

Toronto, July 19, 2022 (GLOBE NEWSWIRE) —  Faircourt Asset Management Inc., as Manager of Faircourt Split Trust (NEO: FCS.UN) (the “Fund”) announces that the monthly distribution on the Trust Units will be adjusted from $0.06 per month per Trust Unit ($0.72 per annum per Trust Unit) to $0.015 per month per Trust Unit ($0.18 per annum per Trust Unit). The new monthly distribution will represent a current yield of approximately 4.9% based on the current net asset value per unit of the Fund. The Fund’s distribution is funded primarily by option writing and capital gains. The Manager believes that managing the distribution level represents an opportunity to assist in preserving and growing the NAV of the Fund.  Faircourt Funds Trading Symbol Distribution Amount (per share) Ex-Dividend Date Record Date Payable DateFaircourt Split...

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Clear Sky Adds World Renowned Power Storage Expert to Advisory Board

Newly added expert held senior roles with two companies sold to major entities VANCOUVER, British Columbia, July 19, 2022 (GLOBE NEWSWIRE) — Clear Sky Lithium Corp. (CSE: POWR) (FRA: K4A / WKN: A3DM2W) (“Clear Sky” or the “Company”), a mineral exploration and development company focused on American lithium deposits to support domestic demand, is pleased to announce the appointment of Mr. Dave Wright  who brings comprehensive and significant expertise regarding sustainable power storage sector technologies. Mr. Wright is the President of Wright Technical Services, LLC and is a professional with global experience providing wide-ranging support to organizations in energy storage markets. He is an expert in automotive electronics and electrical systems with a career focused on product and technology development. He is a former Director...

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