Day: October 11, 2022

Enphase Energy Completes Acquisition of GreenCom Networks

Written by Customer Service on October 11, 2022. Posted in Mergers And Acquisitions.

FREMONT, Calif., Oct. 11, 2022 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that it has completed the previously disclosed acquisition of GreenCom Networks AG. Based in Munich, Germany, GreenCom Networks provides Internet of Things (IoT) software solutions for customers to connect and manage a wide range of distributed energy devices within the home. The company’s technology facilitates a convergence of sectors such as mobility, heating, and renewable energy to help achieve full home electrification. The acquisition is expected to:Add a local engineering team to service the accelerating clean energy transition in Europe Provide installers with a complete home energy management...

Applied Blockchain Reports Fiscal First Quarter 2023 Financial Results and Provides an Operational Update

Written by Customer Service on October 11, 2022. Posted in Earnings Releases And Operating Results.

DALLAS, Oct. 11, 2022 (GLOBE NEWSWIRE) — Applied Blockchain, Inc. (Nasdaq: APLD) (“Applied Blockchain” or the “Company”), a designer, builder and operator of next-generation datacenters that provide power to blockchain infrastructure and support High-Performance Computing (HPC) applications, today reported financial results for the fiscal first quarter ended August 31. 2022. The Company also provided an operational update and outlook. Recent Operational and Financial HighlightsFiscal first quarter 2023 revenue of $6.9 million, at the high-end of guidance of $6.5 million to $6.9 million Fiscal first quarter 2023 adjusted EBITDA of $(1.9) million, compared to adjusted EBITDA guidance of ($1.8) million) to ($2.2) million Announced planned corporate name change to “Applied Digital Corporation”, reflecting...

El Pollo Loco Board Of Directors Declares Special Dividend of $1.50 Per Share and Approves 20 Million Share Repurchase Program

Written by Customer Service on October 11, 2022. Posted in Dividend Reports And Estimates.

COSTA MESA, Calif., Oct. 11, 2022 (GLOBE NEWSWIRE) — El Pollo Loco, Inc. (“El Pollo Loco” or “the Company”) (Nasdaq: LOCO), the nation’s leading fire-grilled chicken restaurant chain, today announced that the Board of Directors declared a special dividend of $1.50 per share on the common stock of the Company (“shares”). The special dividend is payable on November 9, 2022 to shareholders of record at the close of business on October 24, 2022. Additionally, the Board of Directors has approved a new share repurchase program with authorization to purchase up to $20,000,000 of shares. The share repurchase program is effective immediately. Michael Maselli, Chairman of the Company board of directors, commented, “This announcement underscores our Board’s confidence in our business and its dedication to stockholder value creation. Despite...

Diamondback Energy, Inc. Announces Midland Basin Acquisition

Written by Customer Service on October 11, 2022. Posted in Mergers And Acquisitions.

Diamondback Announces Midland Basin Acquisition Pro Forma Midland Basin Acreage PositionMIDLAND, Texas, Oct. 11, 2022 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets of FireBird Energy LLC (“FireBird”) in exchange for 5.86 million shares of Diamondback common stock and $775 million of cash. The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the Company’s credit facility and/or proceeds from a senior notes offering. The cash outlay at closing is expected to be approximately $700 million due to the expected Free Cash Flow to be generated on the asset between the effective date and expected closing...

TrustCo to Release Third Quarter 2022 Results on October 24, 2022; Conference Call on October 25, 2022

Written by Customer Service on October 11, 2022. Posted in Public Companies.

GLENVILLE, N.Y., Oct. 11, 2022 (GLOBE NEWSWIRE) — TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release third quarter 2022 results after the market close on October 24, 2022. Results are released on the 21st of the reporting months (January, April, July and October), or on the next day that equity markets are open if the 21st falls on a Friday, weekend or holiday. A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on October 25, 2022. Those wishing to participate in the call may dial toll-free for the United States at 1-833-927-1758, for Canada at 1-833-950-0062, and all other locations at 1-929-526-1599, Access code 903558. A replay of the call will be available for thirty days by dialing toll-free for the United States at 1-866-813-9403, for Canada at 1-226-828-7578,...

Jim Bohannon Steps Down From “The Jim Bohannon Show”

Written by Customer Service on October 11, 2022. Posted in Public Companies.

Rich Valdes Hosts Beginning Monday, October 17 NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) — Cumulus Media’s (NASDAQ: CMLS) Westwood One today announced that legendary broadcaster Jim Bohannon will retire as host of “The Jim Bohannon Show” for health reasons on October 14, 2022, after having helmed the show for more than 30 years. Bohannon’s final show will include special guests and the opportunity for listeners to call in and offer their thanks and best wishes. New York-area talk show host and Westwood One producer Rich Valdes will guest host “The Jim Bohannon Show” beginning Monday, October 17, continuing to bring listeners a unique blend of breaking news, interesting features, and informative reports on a spectrum of topics each weeknight from 10 p.m. to 1 a.m. ET. “It’s been a great 40 years with Westwood One, with the last 30...

Vicor Corporation to Hold Third Quarter Earnings Conference Call and Webcast on October 25, 2022

Written by Customer Service on October 11, 2022. Posted in Public Companies.

ANDOVER, Mass., Oct. 11, 2022 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ: VICR) announced today it will hold its third quarter 2022 earnings conference call and webcast on Tuesday, October 25, 2022 at 5:00 p.m. (Eastern). Prepared remarks regarding the company’s financial and operational results for the three and nine months ended September 30, 2022 will be followed by a question and answer period with Patrizio Vinciarelli, Chief Executive Officer, Jim Schmidt, Chief Financial Officer, and Phil Davies, Corporate Vice President, Global Sales and Marketing. Results for the third quarter will be released over GlobeNewswire at the close of the NASDAQ Market Session on October 25, 2022, and the press release and a summary of the company’s financial statements will be available shortly thereafter on the Investor Relations...

Lesaka to Host Webcast and Conference Call to Review First Quarter 2023 Results

Written by Customer Service on October 11, 2022. Posted in Public Companies.

JOHANNESBURG, South Africa, Oct. 11, 2022 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release first quarter 2023 results after the U.S. market close on November 8, 2022. Lesaka management will host a presentation webcast and conference call on November 9, 2022, at 8:00 a.m. Eastern Time to review these results. Presentation webcast via Zoom:The results webcast can be accessed by using the following link: https://url24.top/MeEva Webcast ID: 838 8768 7101Participants using the webcast will be able to ask questions by raising their hand and then asking the question “live.” Conference call dial-in:US Toll-Free: + 1 312 626 6799 or +1 346 248 7799 South Africa Toll-Free + 27 87 551 7702Participants using the conference call dial-in will be unable to ask...

Synaptics to Report First Quarter Fiscal 2023 Results on November 3, 2022

Written by Customer Service on October 11, 2022. Posted in Public Companies.

SAN JOSE, Calif., Oct. 11, 2022 (GLOBE NEWSWIRE) — Synaptics® Incorporated (Nasdaq: SYNA) today announced that it will report financial results for the first quarter of fiscal 2023 on Thursday, November 3, 2022 after the close of market. The Company will host a corresponding conference call for analysts and investors at 2:00 p.m. PT (5:00 p.m. ET), during which management may discuss forward-looking information. To participate on the live call, analysts and investors should pre-register at Synaptics Q1 FY2023 Earnings Call Registration. (https://register.vevent.com/register/BI679cd13c31b84f16aafb15ba8bdd957d)Registrants will receive dial-in information and a unique passcode to access the call. We encourage participants to dial-in into the call ten minutes ahead of scheduled time. Synaptics will also offer a live and archived webcast...

Medici Ventures Fund Participates in SettleMint Successful Funding Round

Written by Customer Service on October 11, 2022. Posted in Public Companies.

SALT LAKE CITY, Oct. 11, 2022 (GLOBE NEWSWIRE) — Medici Ventures, L.P., a blockchain-focused fund, announced today that it participated in SettleMint’s Series A funding round that closed on September 22, 2022. Pelion Venture Partners is the general partner of Medici Ventures, L.P. and Overstock.com, Inc. (NASDAQ:OSTK) is the sole limited partner. “SettleMint helps companies integrate blockchain-based applications into their existing systems, by providing Blockchain-Platform-as-a-Service solutions,” said Overstock CEO Jonathan Johnson. “The success they’ve had raising additional capital despite the difficult venture capital backdrop is a testament to SettleMint’s innovative offering.” SettleMint raised approximately $16 million in Series A funding, that was an oversubscribed, up round co-led by Molten Ventures and OTB. Molten Ventures...

Day: October 11, 2022

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