Day: August 17, 2022

Q2 Revenue increased 125% to $5.13 Million from the same year-ago quarter Q2 Adjusted EBITDA saw year-over-year improvement to a gain of $468,000 from a loss of $314,000 in the same year-ago quarter Revenue outlook for FY22 reinforced with an increase of 60% to $8.47 Million for the first six months of 2022 compared to the same year-ago period ME2C enters into license agreement including product supply opportunity with new large Midwest utility partner providing annual license payments for the three-year term New technology under development for rare earth element (REE) processing using the Company’s sorbent technology continues with consistent results Coal-fired power generation remains strong across the U.S., along with stronger environmental policies, drives demand for mercury emissions capture technologies across the industry Company...

Overwhelming Majority of Respondents Bracing for Recession; Strategic M&A Remains in FocusStifel Survey: Leaders Identify Today’s Biggest Business Challenges & Opportunities Stifel Financial survey of corporate executives, business owners, and private equity investors identifies today’s biggest challenges and opportunities.Stifel Survey: Leaders Identify Today’s Biggest Business Challenges & Opportunities A new Stifel survey of corporate executives, business owners, and private equity investors finds labor constraints, inflation and recession pose the greatest risks to business. Rising interest rates are also impacting capital raising ability.ST. LOUIS, Aug. 17, 2022 (GLOBE NEWSWIRE) — A recently completed Stifel Financial Corp. (NYSE: SF) survey of corporate executives, business owners,...

ROSEVILLE, Minn., Aug. 17, 2022 (GLOBE NEWSWIRE) — SecureTech Innovations, Inc. (OTC: SCTH), an emerging growth company that develops and markets cutting-edge security and safety devices, products, and technologies such as Top Kontrol and its early-stage cybersecurity and cryptocurrency technology incubator Piranha Blockchain, announces that the Depository Trust Company (“DTC”) has made SecureTech’s common shares eligible for electronic deposit at the DTC. SecureTech believes that being DTC eligible will make trading in its common shares on the OTC Pink Market more accessible to the US investment community. DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through...

PITTSBURGH, Aug. 17, 2022 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leader in wide-bandgap compound semiconductors, today announced that it closed an over $100 million contract to supply Dongguan Tianyu Semiconductor Technology Co., Ltd., with 150 mm silicon carbide substrates to be delivered beginning this quarter and through the end of calendar year 2023. The electrification of the transportation infrastructure and industrial equipment is accelerating a market transition to power electronics based on silicon carbide (SiC), a third-generation or wide-bandgap semiconductor. SiC enables power electronics to be smaller and more efficient, with a lower total system-level cost of ownership than state-of-the-art silicon-based devices. Tianyu, one of China’s first and largest SiC epitaxial wafer manufacturers, has signed...