Year: 2022

Employers are reshaping performance management and pay programs

Written by Customer Service on December 13, 2022. Posted in Public Companies.

Organizations moving to broaden focus of programs to support development and career progression ARLINGTON, Va., Dec. 13, 2022 (GLOBE NEWSWIRE) — Employers in North America need to reshape their performance management efforts and pay-for-performance programs to give them a much-needed boost, according to a survey of over 800 global organizations by WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company. The survey revealed similar conclusions worldwide. The survey found just one in four North America employers (26%) reported being effective at both managing and paying for performance. Additionally, the gap between the priorities for performance management and delivering on those objectives is wide. For example, more than nine in 10 North America respondents (93%) cited driving organization performance as a key...

Alico, Inc. Provides Second Sustainability Report Summary and Highlights Improvements

Written by Customer Service on December 13, 2022. Posted in Public Companies.

FORT MYERS, Fla., Dec. 13, 2022 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced the publication of the Company’s second Sustainability Report. The Company released its inaugural Sustainability Report last year, which documents the actions Alico undertook prior to and during 2021. Alico publicly committed to improve transparency regarding its sustainability actions and activities, and its Director of Sustainability and her team have made improvements which positively impact the Company’s culture, industry, operations, and the environment. John Kiernan, President and Chief Executive Officer, commented, “I’m pleased to introduce Alico’s 2022 Sustainability Report. Although enthusiasm for ESG seems to have waned within the investment community over the past year while every company struggles...

Matterport Announces Executive Leadership Team Hires

Written by Customer Service on December 13, 2022. Posted in Public Companies.

Matthew Zinn joins Executive Team as Chief Legal Officer; Mike Knapp to serve as Vice President and Head of Investor RelationsMatterport Announces Executive Leadership Team Hires Matthew Zinn, Chief Legal OfficerMatterport Announces Executive Leadership Team Hires Mike Knapp, Vice President and Head of Investor RelationsSUNNYVALE, Calif., Dec. 13, 2022 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR) today announced two key executive hires to join the company’s leadership team effective immediately. Matthew Zinn will join Matterport’s executive leadership team as the company’s Chief Legal Officer, responsible for overseeing the company’s global legal, regulatory, privacy, and compliance efforts, as well as serving as the corporate secretary. Mike Knapp joins as the Vice President and Head of Investor Relations, responsible...

Tryp Therapeutics Announces Fiscal Year 2022 Financial Results and Reports Corporate Highlights

Written by Customer Service on December 13, 2022. Posted in Earnings Releases And Operating Results.

KELOWNA, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) — Tryp Therapeutics, Inc. (CSE: TRYP) (OTCQB: TRYPF), a clinical-stage biotechnology company focused on developing intravenous-infused psilocin (the active metabolite of psilocybin) for diseases with high unmet medical needs, today reported on corporate highlights from 2022 and announced the filing of its audited financial statements for the fiscal year ending August 31, 2022. Complete financial statements along with related management discussion and analysis can be found in the System for Electronic Document Analysis and Retrieval, the electronic filing system for the disclosure documents of issuers across Canada, at www.SEDAR.com. CORPORATE HIGHLIGHTS Intellectual Property DevelopmentsTryp made significant progress expanding its IP portfolio, including:The World Intellectual...

DAVIDsTEA Reports Financial Results for the Third Quarter of Fiscal 2022

Written by Customer Service on December 13, 2022. Posted in Earnings Releases And Operating Results.

Sales totaled $16.2 million Net loss of $4.7 million Adjusted EBITDA amounted to negative $2.0 million Cash position of $16.1 millionMONTREAL, Dec. 13, 2022 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (Nasdaq: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its third quarter results for the period ended October 29, 2022. “We remain focused on our competitive advantages with a strategic retail presence across Canada, a strong wellness-driven portfolio of teas, innovative product launches and broad demographic appeal of our brand both online and in-store. We anticipate our financial results will be under pressure until the economic environment becomes more stable. At this time, it’s not possible to forecast the extent and duration of the difficult market conditions, but we can lean on our omnichannel...

ABM Reports Fourth Quarter and Full Year Fiscal 2022 Results and Provides Full Year Fiscal 2023 Outlook

Written by Customer Service on December 13, 2022. Posted in Earnings Releases And Operating Results.

Posted fourth quarter revenue of $2.0 billion, up 19% year-over-year, with 6% organic growth Delivered fourth quarter net income of $48.9 million and GAAP EPS of $0.73, a year-over-year increase of 43% and 46%, respectively Generated fourth quarter adjusted EBITDA of $130.7 million, up 18% year-over-year Recorded fourth quarter adjusted EPS of $0.89, up 5% year-over-year Received Board approval for a $150 million expansion of the Company’s existing share repurchase authorizationNEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the fourth quarter and full year ended October 31, 2022. “ABM generated solid fourth quarter results, with total revenue growth of 19%, including broad-based organic revenue growth of 6%, and double-digit adjusted...

Alico, Inc. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2022

Written by Customer Service on December 13, 2022. Posted in Earnings Releases And Operating Results.

FORT MYERS, Fla., Dec. 13, 2022 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fourth quarter and fiscal year ended September 30, 2022, the highlights of which are as follows:Company reports net income attributable to Alico, Inc. common stockholders of $12.5 million and EBITDA of $32.1 million for the fiscal year 2022. After adjusting for certain non-recurring items, Company reports adjusted net loss attributable to Alico, Inc. common stockholders of $1.6 million and Adjusted EBITDA of $13.4 million.Company’s fiscal year 2022 financial results are below the most recent net income and EBITDA guidance, primarily due to the approximately $23.0 million of inventory and casualty losses incurred as a result of the impact of Hurricane Ian; however, adjusting out for...

Aspen Group Reports Revenue of $17.1 million for Second Quarter Fiscal 2023

Written by Customer Service on December 13, 2022. Posted in Earnings Releases And Operating Results.

Restructuring plan increases year-over-year gross margin to 60% from 51%, and narrows net loss to $(2.3) million from $(2.9) million Adjusted EBITDA of $0.5 million versus $(0.7) million in prior year quarter Positive operating cash flow of $1.0 million versus $(1.0) million in prior year quarterNEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) — Aspen Group, Inc. (Nasdaq: ASPU) (“AGI” or the “Company”), an education technology holding company, today announced financial results for its second quarter fiscal year 2023 ended October 31, 2022. Second Quarter Fiscal Year 2023 Summary Results Three Months Ended October 31, Six Months Ended October 31, 2022 2021 2022 2021$ in millions, except per share data Revenue $ 17.1 $ 18.9 $ 36.0 $ 38.4 Gross Profit1 $ 10.2 $ 9.7 $ 18.4 $ 20.1 Gross...

SL Green Celebrates the Topping Out of One Madison Avenue in Midtown South

Written by Customer Service on December 13, 2022. Posted in Public Companies.

One Madison Avenue, the 27 story, 1.4-million-square-foot office building located adjacent to Madison Square park, will feature unprecedented retail, wellness and hospitality-focused amenities complete with tenant lounge and rooftop event space Slated for on-time completion in November 2023, the neighborhood-defining office tower is already 55% leased Renderings of the project can be found here. Photos from the event can be viewed here. NEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) — SL Green Realty Corp. (NYSE: SLG), New York City’s largest office landlord, together with its joint venture partners including the National Pension Service of Korea and Hines, today announced the topping out of its transformative One Madison Avenue office tower, located at the corner of 23rd Street and Madison Avenue, in Manhattan’s desirable Midtown South...

Pegasus Resources Announces Critical Mineral Exploration Tax Credit Flow Through Financing

Written by Customer Service on December 13, 2022. Posted in Public Companies.

Map of Pegasus Properties Map of Pegasus PropertiesThis news release is not for dissemination in the United States or for distribution to U.S. wire services. VANCOUVER, British Columbia, Dec. 13, 2022 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to announce that the Company has arranged a non-brokered flow through private placement of up to 37,500,000 units (the “Units”) of the Company at a price of CDN$0.04 per Unit to raise gross proceeds of up to CDN$1,500,000 (the “Offering”). Each Unit consists of one common share of the Company that qualifies as a flow-through share (for purposes of the Income Tax Act (Canada)) and one non-flow-through share purchase warrant, entitling the holder to acquire an additional common share of the...

Year: 2022

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