Applied Blockchain Reports Fiscal Fourth Quarter and Full Year 2022 Financial Results and Provides an Operational Update

Written by Customer Service on August 25, 2022. Posted in Earnings Releases And Operating Results.

DALLAS, Aug. 25, 2022 (GLOBE NEWSWIRE) — Applied Blockchain, Inc. (Nasdaq: APLD) (“Applied Blockchain” or the “Company”) today reported financial results for the fiscal fourth quarter and full year ended May 31, 2022, and provided an operational update. Recent Operational and Financial Highlights Fiscal fourth quarter revenue of $7.5 million, above guidance of $7.0 million to $7.4 million, which was increased in mid-July from original guidance of $5.7 million to $6.2 million. Power provider to our facility in Jamestown, North Dakota, completed substation repairs ahead of schedule; facility is now operating at full capacity. Secured a five-year hosting contract with Marathon Digital Holdings, Inc. for 200MW of capacity. Secured a $15.0 million credit facility with a North Dakota-based bank with 1.5% interest...

Sumo Logic Announces Second Quarter Fiscal 2023 Financial Results

Written by Customer Service on August 25, 2022. Posted in Earnings Releases And Operating Results.

Second quarter revenue grew 26% year over year to $74.1 millionSecond quarter ARR grew 25% year over year to $286.2 million REDWOOD CITY, Calif., Aug. 25, 2022 (GLOBE NEWSWIRE) — Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced financial results for the second quarter of its fiscal 2023 ended July 31, 2022. “We continued to deliver improved revenue growth in the second quarter with year-over-year growth of 26% while also driving better operating efficiencies,” said Ramin Sayar, President and CEO of Sumo Logic. “We remain positive on the long term trends driving our business as companies continue to focus on delivering reliable and secure mission critical cloud applications for their customers.” Second Quarter Fiscal 2023 Financial Highlights Revenue...

Mobile broadband penetration in Latin America could create 6.5 million jobs and lift GDP per capita by 1.7%

Written by Customer Service on August 25, 2022. Posted in Public Companies.

Mobile broadband penetration in Latin America could create 6.5 million jobs and lift GDP per capita by 1.7% LUXEMBOURG, August 25, 2022 – According to an independent study conducted by Telecom Advisory Services, commissioned by Millicom (Tigo), a 10% increase in mobile broadband penetration in Latin America could create more than 6.5 million jobs and increase GDP per capita by 1.7%. The study “The Role of the Digital Economy in the Economic Recovery of Latin America and the Caribbean” was authored by Raul Katz, Ph.D., Juan Jung, Ph.D., and Fernando Callorda, MA, from Telecom Advisory Services. The findings show a significant opportunity for a region that is still struggling to recover from the economic impact of the COVID-19 pandemic. The analysis identifies high spectrum costs – a common regional issue – as the biggest hurdle to digitalization....

Gulf Coast Sand Acquires Shale Support Assets

Written by Customer Service on August 25, 2022. Posted in Mergers And Acquisitions.

Move Makes Company the Largest Independent Aggregate Provider and Supplier Along the Gulf Coast BATON ROUGE, La., Aug. 25, 2022 (GLOBE NEWSWIRE) — Gulf Coast Sand (GCS), the largest privately-owned and independent producer and supplier for specialized sands, blended sands, abrasives, and gravel, today announces it’s acquisition of the assets originating from Shale Support, LLC. With this move, GCS establishes itself as the largest independent, privately-owned aggregate company along the Gulf Coast and boasts more than 900 mineable acres of aggregate reserves. Additionally, the acquisition provides GCS two fluid bed driers, 10 mineral separators, and 24,000 thousand tons of silo storage, all paired with truck and unit rail train load out capabilities. These assets will also allow the company to have the ability to provide local...

Nokia Corporation: Repurchase of own shares on 25.08.2022

Written by Customer Service on August 25, 2022. Posted in Public Companies.

Nokia CorporationStock Exchange Release25 August 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 25.08.2022 Espoo, Finland – On 25 August 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 192,983 5.00 CEUX 32,414 5.00 AQEU 5,640 4.98 TQEX 11,963 4.98 Total 243,000 5.00 * 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)...

Innovative Designs Adds Major Distributor

Written by Customer Service on August 25, 2022. Posted in Public Companies.

Pittsburgh, PA, Aug. 25, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Innovative Designs Inc. (OTCQB: IVDN) has entered into a distributorship agreement with Hartman Independent, located in Western Pennsylvania. For over 70 years, Hartman has been supplying collated nails and screws, narrow, medium, and wide crown staples, pneumatic tools and air compressors – and many more fastening and building products – to the industrial, construction, and dealer markets. Hartman, with its 6 outside salesmen, will cover eastern Ohio, northern West Virginia, western and central Pennsylvania, portions of New York, Maryland and Virginia. Innovative Designs CEO, Joseph Riccelli, stated, “We are excited to add Hartman to our ever-growing list of distributors. They will now be able to service accounts in the tri-state area and beyond.” About...

Sculptor Capital Management Issues Statement Regarding Books and Records Request

Written by Customer Service on August 25, 2022. Posted in Public Companies.

NEW YORK, Aug. 25, 2022 (GLOBE NEWSWIRE) — Sculptor Capital Management, Inc. (NYSE: SCU) (“Sculptor”) today issued the following statement in response to Dan Och’s filing in Delaware Chancery Court under Section 220 of the Delaware General Corporate Law. Mr. Och’s filing is misleading and full of falsehoods that present a grossly distorted view of Board governance at the Company. We look forward to setting the record straight through the legal process. Sculptor is proud of its commitment to the highest standards of corporate governance and the ethical culture in which our world class team operates. Together, we have brought the Company, its balance sheet, and its standing with our clients back from the activities that resulted in the government sanctions leveled against Och-Ziff and Mr. Och personally. To achieve these goals, the...

Lithium-ion Battery Expert Martin Kepman Report – Who Rules The Electric Vehicle and Lithium-ion Battery Industry is Now Available

Written by Customer Service on August 25, 2022. Posted in Public Companies.

Could China Disrupt The Success of The World’s Future Climate Revolution? Expounds Martin Kepman CEO of Manganese X Energy People’s Republic of China Versus The United States Of America (USA) Who Rules The Electric Vehicle and Lithium-ion Battery Industry? Could China Disrupt The Success of The World’s Future Climate Revolution? Expounds Martin Kepman. Saint-Laurent, Quebec , Aug. 25, 2022 (GLOBE NEWSWIRE) — As the demand continues to rise for precious minerals, many world powers are scrambling to invest and secure valuable trade agreements with major mineral deposits around the world. China has been leading and winning the race by investing billions of dollars for over 25 years. The reports covers: Major Chinese Investment Abroad For Minerals (Africa) China Holds A Stranglehold On The World’s Mineral Supply...

Eik fasteignafélag hf.: Interim results for the first six months of 2022

Written by Customer Service on August 25, 2022. Posted in Earnings Releases And Operating Results.

Income from operations amounted to ISK 4,691 million. Operating profit before changes in value, sales profit and depreciation amounted to ISK 3,075 million. Total profit amounted to ISK 5,754 million. Net cash from operations was ISK 1,927 million. The book value of investment properties amounted to ISK 115,611 million. The book value of assets for own use amounted to ISK 4,156 million at the end of the period. Change in value of investment properties was ISK 7,981 million. Cash and cash equivalents amounted to ISK 1,143 million. Interest-bearing debt amounted to ISK 67,147 million at the end of the period. Equity ratio was 33.8%. Profit per share was ISK 1.68. Economic occupancy rate was 94.5% at the end of the period Weighted indexed interest was 3.03% at the end of the period. Weighted unindexed interest was 5.74% at the end of the...

Smart Powerr Corp. Receives Anticipated Notice of Additional Filing Delinquency from Nasdaq

Written by Customer Service on August 25, 2022. Posted in Public Companies.

XI’AN, China, Aug. 25, 2022 (GLOBE NEWSWIRE) — Smart Powerr Corp. (NASDAQ: CREG) (“CREG” or the “Company”), an industrial waste-to-energy solution provider in China, today announced that, as expected, the Company received an additional notice of non-compliance from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) due to the Company’s failure to timely file the Form 10-Q for the quarter ended June 30, 2022 with the Securities and Exchange Commission (the “SEC”), as required by Nasdaq Listing Rule 5250(c)(1). As previously disclosed, the Company earlier received notices from Nasdaq regarding its non-compliance with the rule with respect to the Forms 10-K and 10-Q for the fiscal year ended December 31, 2021 and quarter ended March 31, 2022, respectively. The Company plans to timely update the...

Day: August 25, 2022

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