Month: September 2022

Customer Data Platform Market to Reach Sales of $7.09 billion by 2028 | AI Startups are Budding on the Void Industry’s Giants Have Left

Written by Customer Service on September 1, 2022. Posted in Mergers And Acquisitions.

Global customer data platform market was valued at $1.16 billion in 2021, and it is expected to reach a value of $7.09 billion by 2028, at a CAGR of 25.4% over the forecast period (2022–2028). Westford, USA, Sept. 01, 2022 (GLOBE NEWSWIRE) — As the world becomes more and more connected, businesses across the global customer data platform market are now able to gain a better understanding of their customers and how they interact with their products. By gathering customer data, businesses can improve their customer service, provide better products and Geo-target their advertising. A recent study by SkyQuest found that, globally, 46% of organizations are using or plan to use customer data platform (CDP) solutions within the next two years. This number is increasing each year as businesses see the benefits of improving customer experience...

Limited Edition Blue Rhino Tank Package Honors Operation BBQ Relief

Written by Customer Service on September 1, 2022. Posted in Public Companies.

New Blue Rhino Tank Sleeve Blue Rhino, the nation’s leading propane tank-exchange brand, and Operation BBQ Relief have teamed up to introduce limited edition tank sleeves.WINSTON-SALEM, N.C., Sept. 01, 2022 (GLOBE NEWSWIRE) — Labor Day is one of America’s favorite grilling holidays. Blue Rhino, the propane exchange brand of nationwide propane logistics company Ferrellgas Partners, L.P. (OTC:FGPR), and Operation BBQ Relief have teamed up to help propane grillers enjoy Labor Day. Blue Rhino was among the first to team up with Operation BBQ Relief after the charitable organization was formed in 2011 in response to the devastating tornadoes that hit Joplin, Missouri. Since then, Blue Rhino propane has been used by the organization’s award-winning pitmasters to provide nearly 10 million hot BBQ meals to volunteers and victims...

The Producto Group Acquires ThermoFab, a Leader in the Design, Development, and Manufacturing of Custom Heavy-Gauge Plastic Enclosures

Written by Customer Service on September 1, 2022. Posted in Mergers And Acquisitions.

NEW YORK, Sept. 01, 2022 (GLOBE NEWSWIRE) — The Producto Group (“Producto”), a portfolio company of Culper Capital Partners (“Culper”), today announced the acquisition of ThermoFab (www.thermofab.com), a leader in the design, development, and manufacturing of heavy-gauge plastic enclosures for the medical, diversified industrial, and high-tech industries. Founded in Massachusetts in 1976, ThermoFab operates out of two facilities totaling over 40,000 square feet. For more than 45 years, ThermoFab has leveraged a proprietary, blended process that brings customers most complex designs to life, with a focus on tooling detail that is unequaled anywhere in the market. Today, ThermoFab enclosures are utilized in thousands of applications ranging from surgical robotics to industrial automation, and test & measurement equipment – across...

Correction: Admirals Group AS 2022 Unaudited 6 Months Financial Results

Written by Customer Service on September 1, 2022. Posted in Earnings Releases And Operating Results.

Updated information: In the Statement of Comprehensive Income added comparison of the first six months of 2022 to the the first six months of 2021. Admirals‘ results are exceptional Compared to the same period last year, Admirals has significantly increased its net trading income, trading volumes and net profit in the first half of the year, continuing large-scale investments in IT and innovation. The company acquired new licenses in South Africa and Canada. These are eloquent success stories of implementing a strong strategy with a long-term goal of ensuring financial freedom for 10 million people by 2030. Admirals Group AS net income increased by 149 % (43 million euros versus 17.3 million euros in the same period of 2021) Net profit 24.01 million euros (-1.7 million euros in the same period of 2021) “Despite the great...

Mydecine Innovations Group Signs a Letter of Intent to Sell its Wholly-Owned Subsidiary, Mindleap Health Inc.

Written by Customer Service on September 1, 2022. Posted in Mergers And Acquisitions.

DENVER, Sept. 01, 2022 (GLOBE NEWSWIRE) — Mydecine Innovations Group Inc. (“Mydecine” or the “Company”) (NEO:MYCO) (OTC:MYCOF) (FSE:0NFA), a biotechnology company engineering the next wave of innovative medications and treatment protocols to directly address mental health with a particular emphasis on addiction and PTSD, is pleased to announce that the company has signed an LOI for the sale of its digital technology subsidiary, Mindleap Health Inc. to PanGenomic Health Inc. (“Pangenomic”). “We are extremely pleased with what we have accomplished with Mindleap Health,” said Josh Bartch, CEO, and Chairman of Mydecine. “We have spent significant time and resources over the past two years developing a truly world-class mental health platform that is original, built from the ground up, intuitive,...

UCASU announces exclusive partnership for Airbnb-based project up to $50 million

Written by Customer Service on September 1, 2022. Posted in Public Companies.

Atlanta, Sept. 01, 2022 (GLOBE NEWSWIRE) — UC Asset LP (OTCQX: UCASU) announced today that the company has entered an exclusive partnership to develop properties specifically designed to be operated as “short rentals”, most likely via online platforms such as Airbnb and Vrbo. The first project aims to develop 10 to 50 such units, for a total value up to $50 million. The new project will be pursued under an exclusive partnership between UC Asset and a renowned local non-for-profit, with headquarters in Atlanta, Georgia, with nation-level exposure. One of the missions of the non-for-profit is to increase home ownership among disadvantaged groups, including ethnical minorities, returning citizens, economically challenged families, and young people with limited credit history. “Airbnb, and other short-term home rentals, have been blamed...

Hovnanian Enterprises Reports Fiscal 2022 Third Quarter Results

Written by Customer Service on September 1, 2022. Posted in Earnings Releases And Operating Results.

81% Year-over-Year Increase in Pretax ProfitGross Margin Percentage Increased 390 Basis Points Year-over-YearInterest Expense as Percent of Revenue Declined 140 Basis Points Year-over-Year Backlog Cancellation Rate Increased to 8% From 6% Last Year Consolidated Contract Dollars Declined 23% Year-over-YearIncreased Full Year EBITDA, Gross Margin and Adjusted Pretax Profit Guidance MATAWAN, N.J., Sept. 01, 2022 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal third quarter and nine-month period ended July 31, 2022. RESULTS FOR THE THREE-MONTH AND NINE-MONTH PERIODS ENDED JULY 31, 2022:Total revenues increased 11.1% to $767.6 million in the third quarter of fiscal 2022, compared with $690.7 million in the same quarter of the prior year. For the nine months...

Twin Disc, Inc. Announces Fiscal 2022 Fourth Quarter Financial Results

Written by Customer Service on September 1, 2022. Posted in Earnings Releases And Operating Results.

Fourth quarter sales up 14.8% year-over-year Gross margin increased 410 basis points year-over-year to 31.8% Net income of $7.8 million, or $0.58 per diluted share Twin Disc collaborates with Hinckley Yachts to launch hybrid marine power control system Six-month backlog of $101.2 million at June 30, 2022, up 44.0% from June 30, 2021, as global order rates and end-market demand continue to improveRACINE, Wis., Sept. 01, 2022 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2022 fourth quarter ended June 30, 2022. Sales for the fiscal 2022 fourth quarter were $76.0 million, compared to $66.2 million for the same period last year. The 14.8% year-over-year increase in 2022 fourth quarter sales was primarily due to improving demand within the Company’s global oil and gas, industrial...

Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2022 Financial Results

Written by Customer Service on September 1, 2022. Posted in Earnings Releases And Operating Results.

HARRISBURG, Pa., Sept. 01, 2022 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the second quarter ended July 30, 2022. Second Quarter Summary:Total net sales increased 8.8% to $452.5 million. Comparable store sales increased 1.2%. The Company opened 11 new stores and closed one store, ending the quarter with 449 stores in 29 states, a year-over-year increase in store count of 9.8%. Operating income decreased 63.8% to $16.5 million and operating margin decreased 730 basis points to 3.7%. Net income was $14.1 million, or $0.22 per diluted share, as compared with $34.3 million, or $0.52 per diluted share, in the prior year. Adjusted net income(1) was $13.7 million, or $0.22 per diluted share, as compared with prior year adjusted net income of $34.0...

IDEX Biometrics: Employee Share Purchase Plan – 1 Sep 2022

Written by Customer Service on September 1, 2022. Posted in Public Companies.

The board of directors of IDEX Biometrics ASA has resolved to issue 3,181,755 ordinary shares at NOK 0.73 per share to employees who participate in the company’s 2021 Employee Share Purchase Plan (ESPP). The ESPP was approved by the annual general meeting on 12 May 2021. 40 employees participated in the ESPP in this period. The participating employees have elected to invest a part of the base salary in ordinary shares in the company. Purchase takes place every six months. Following the issue, the Company’s share capital will be NOK 152,412,062.55 divided into 1,016,080,417 shares, each with a nominal value of NOK 0.15. Primary insiders IDEX discloses transactions by the following primary insiders in IDEX shares ISIN NO0003070609: – CEO Vince Graziani acquired 133,565 ordinary shares at NOK 0,73 per share. IDEX...

Month: September 2022

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