HeartCore Announces Definitive Agreement to Acquire 51% of Leading Digital IT Solutions Provider Sigmaways

Written by Customer Service on September 8, 2022. Posted in Mergers And Acquisitions.

Summary of Proposed Acquisition and Strategic Rationale Sigmaways generated approximately $8.7 million (unaudited) revenue for the year ended December 31, 2021 Acquisition would expand the operational footprint in the U.S., expected to add significant revenue to HeartCore’s top line Anticipated to provide complementary cross-sell and upsell opportunities for both companies Following closing, HeartCore expects to reduce production costs, transitioning from outsourcing to leveraging Sigmaways’ team Shared corporate philosophy of putting the customers first SAN FRANCISCO and TOKYO, Sept. 08, 2022 (GLOBE NEWSWIRE) — HeartCore Enterprises, Inc., (“HeartCore” or the “Company”), a leading software development company, has signed a definitive agreement to acquire a 51% majority stake in privately-held Sigmaways, Inc. (“Sigmaways”), a...

Mission Produce™ Announces Fiscal 2022 Third Quarter Financial Results

Written by Customer Service on September 8, 2022. Posted in Earnings Releases And Operating Results.

OXNARD, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) — Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos, today reported its financial results for the fiscal third quarter ended July 31, 2022. Fiscal Third Quarter 2022 Highlights: Total revenue of $313.2 million, a 27% increase driven by average selling price increases of 42%, partially offset by a 11% decrease in avocado volume sold, compared to the same period last year Net income of $18.4 million, or $0.26 per diluted share, compared to $18.4 million, or $0.26 per diluted share, for the same period last year Adjusted net income of $18.9 million, or $0.27 per diluted share, compared to $19.1 million, or $0.27 per diluted share, for the same period last...

Zscaler Reports Fourth Quarter and Fiscal 2022 Financial Results

Written by Customer Service on September 8, 2022. Posted in Earnings Releases And Operating Results.

Fourth Quarter Highlights Revenue grows 61% year-over-year to $318.1 million Calculated billings grows 57% year-over-year to $520.4 million Deferred revenue grows 62% year-over-year to $1,021.1 million GAAP net loss of $97.7 million compared to GAAP net loss of $81.0 million on a year-over-year basis Non-GAAP net income of $36.4 million compared to non-GAAP net income of $20.3 million on a year-over-year basis SAN JOSE, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) — Zscaler, Inc. (Nasdaq: ZS), the leader in cloud security, today announced financial results for its fiscal fourth quarter and fiscal year ended July 31, 2022. “We delivered outstanding results for the fourth quarter with 61% revenue growth and 57% billings growth year over year, while driving operational efficiency across the company and delivering on Rule of 80...

Zumiez Inc. Announces Fiscal 2022 Second Quarter Results

Written by Customer Service on September 8, 2022. Posted in Earnings Releases And Operating Results.

LYNNWOOD, Wash., Sept. 08, 2022 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the second quarter ended July 30, 2022. Net sales for the second quarter ended July 30, 2022 (13 weeks) decreased 18.1% to $220.0 million from $268.7 million in the second quarter ended July 31, 2021 (13 weeks). Compared to the second quarter ended August 3, 2019 (13 weeks), second quarter 2022 net sales decreased 3.7%. Net income in the second quarter of fiscal 2022 was $3.1 million, or $0.16 per diluted share, compared to net income of $24.0 million, or $0.94 per diluted share, in the second quarter of the prior fiscal year. Net income for the second quarter of 2019 was $9.0 million, or $0.36 per diluted share. Total net sales...

eGain Reports 21% SaaS Revenue Growth for Fiscal 2022 Driven by Increased Demand for Knowledge Powered Digital Customer Engagement Solutions

Written by Customer Service on September 8, 2022. Posted in Earnings Releases And Operating Results.

eGain to Host Analyst/Investor Day on October 11th at its Annual User Group Meeting in Las Vegas SUNNYVALE, Calif., Sept. 08, 2022 (GLOBE NEWSWIRE) — eGain (Nasdaq: EGAN), the leading AI knowledge platform for customer engagement automation, today announced financial results for its fiscal 2022 fourth quarter and full year ended June 30, 2022. “We finished the year strong, delivering top and bottom-line results ahead of our guidance and street consensus,” said Ashu Roy, eGain’s CEO. “Demand for our knowledge powered customer engagement offering is robust and we are well positioned to continue our positive momentum and grow our market share in our new fiscal year. During the year, we generated over $8 million in cash from operations, strengthening our balance sheet while also investing in product, sales and marketing to drive continued...

Concrete Pumping Holdings Reports Strong Third Quarter Fiscal Year 2022 Results

Written by Customer Service on September 8, 2022. Posted in Earnings Releases And Operating Results.

Revenue Growth of 29%, Raises Full-Year Revenue Outlook DENVER, Sept. 08, 2022 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the quarter ended July 31, 2022. Third Quarter Fiscal Year 2022 Summary vs. Third Quarter Fiscal Year 2021 (unless otherwise noted) Revenue increased 29.4% or $23.7 million to $104.5 million compared to $80.8 million. Gross profit increased 16.4% or $6.1 million to $43.3 million compared to $37.2 million. Net income available to common shareholders increased to $14.1 million or $0.24 per diluted share compared to $4.1 million or $0.07 per diluted share. Adjusted EBITDA1 increased 14.7% to $32.6 million compared to $28.5 million, with Adjusted...

NewAge, Inc. Announces That Its Common Stock Has Ceased Trading on Nasdaq

Written by Customer Service on September 8, 2022. Posted in Public Companies.

SALT LAKE CITY, Sept. 08, 2022 (GLOBE NEWSWIRE) — NewAge, Inc. (the “Company”) today announced that its common stock has been suspended from trading on The Nasdaq Stock Market due to its voluntary filing for relief under Chapter 11 of the United States Bankruptcy Code on August 30, 2022 and the Company’s inability to remain compliant with the listing requirements of The Nasdaq Stock Market. As previously disclosed, the Company does not intend to appeal the suspension and anticipated delisting of its stock from The Nasdaq Stock Market. Effective September 8, 2022, the Company’s common stock is expected to begin trading on the OTC Market under the trading symbol “NBEVQ.” Investors can find information on the OTC Market and its various tiers at www.otcmarkets.com. Cautionary StatementThe Company cautions that trading...

H&R Block Recognizes Those Delivering Excellent Client Care

Written by Customer Service on September 8, 2022. Posted in Public Companies.

The company honored 25 tax office associates and franchise employees for providing expertise and care KANSAS CITY, Mo., Sept. 08, 2022 (GLOBE NEWSWIRE) — Every year more than 60,000 H&R Block (NYSE: HRB) tax pros, tax office associates, and franchisees deliver expertise and care to millions of clients. Last week, 25 were recognized with the Henry Bloch Excellence in Client Service Award for going above and beyond to help their clients with their most important financial transaction of the year. H&R Block co-founder, Henry Bloch, was passionate about serving clients and communities, and those are also key elements of the company’s Purpose: “To provide help and inspire confidence in our clients and communities everywhere.” The Henry Bloch Excellence in Client Service (HBCS) Awards have been an annual company...

Toll Brothers Announces Opening of Chappaqua Crossing Carriages Luxury Community in Westchester County, New York

Written by Customer Service on September 8, 2022. Posted in Public Companies.

Toll Brothers Chappaqua Crossing Carriages Toll Brothers announced the opening of Chappaqua Crossing Carriages, a luxury low-maintenance townhome community in Westchester County, New York. Toll Brothers Chappaqua Crossing Carriages “This neighborhood truly exemplifies the Toll Brothers luxury brand in the prestigious locations that we’re known for,” said James Fitzpatrick, Group President of Toll Brothers in New York. Chappaqua, N.Y., Sept. 08, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the highly anticipated opening of Chappaqua Crossing Carriages, a new luxury home community offering five carriage-style townhome designs and future onsite amenities in Westchester County, New York. Home buyers are invited to visit the sales center located at 480 North...

TICKETSMARTER IS PARTNERING WITH MORE THAN 300 COLLEGES AND UNIVERSITIES THIS FOOTBALL SEASON

Written by Customer Service on September 8, 2022. Posted in Public Companies.

LENEXA, Kansas, Sept. 08, 2022 (GLOBE NEWSWIRE) — Digital Ally, Inc. (NASDAQ: DGLY), As fall sports return to campuses around the country, TicketSmarter, a Digital Ally Company (Nasdaq: DGLY), is proud to announce that it is supporting student-athletes from more than 300 individual colleges and universities as well as more than 35 conferences through current partnerships. “At TicketSmarter, we are committed to giving back to the community and one of the ways we do that is through our college sports partnerships,” TicketSmarter CEO Jeff Goodman said. Goodman added: “They give us an exciting opportunity to support the school in a unique way that makes it easier for fans to see their favorite teams from the stands.” TicketSmarter provides college sports fans and universities with a safe and secure platform to buy or resell tickets...

Day: September 8, 2022

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