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Year: 2022

Hovnanian Enterprises Reports Fiscal 2022 Fourth Quarter and Full Year Results

$320 Million Pretax Profit in Fiscal 2022 a 68% Year-over-Year IncreaseGross Margin Percentage Increased 290 Basis Points Year-over-Year for Full YearFull Year Interest Expense as Percent of Total Revenue Declined 130 Basis Points Year-over-Year MATAWAN, N.J., Dec. 08, 2022 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal fourth quarter and year ended October 31, 2022. RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED OCTOBER 31, 2022:Total revenues increased 8.9% to $886.8 million in the fourth quarter of fiscal 2022, compared with $814.3 million in the same quarter of the prior year. For the year ended October 31, 2022, total revenues were $2.92 billion compared with $2.78 billion in the prior year.Homebuilding gross margin percentage, after cost of sales...

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RJD Green, Inc. (RJDG) Timely Files Annual Report on OTC Markets; Shows Pretax Income from Operations Of $5,335,137 as of August 31, 2022

Tulsa, OK, Dec. 08, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — RJD Green Inc. (OTCPK: RJDG), a publicly traded company that operates as a holding company focusing on acquiring and managing assets, and actively exploring potential acquisitions and opportunities in diversified industries, announced that it has timely filed its Annual Report for the Year Ended, August 31, 2022. Ron Brewer, CEO of RJD Green, said: “Our filing shows that as of August 31, 2022, we generated substantial revenues… $5,335,137 and Net Operating Profit of $388,796 with cash and cash equivalents of $511,395 as of August 31, 2022. EBITDA earnings were 16.2%.  “We are focused on finding ways to monetize our assets and increase shareholder value fully. With acquisition efforts currently in progress, we look forward to seeing what our following year’s...

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Reborn Coffee Expands to South Korea with Acquisition of Specialty Coffee Shop and Roasting R&D Facility in Daejeon

Franchise Registration in Korea Enables Launch of Countrywide Franchising Program BREA, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) — Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced it has signed a binding Letter of Intent (“LOI”) to acquire a specialty coffee shop and a roasting Research and Development facility in Daejeon, South Korea as part of its global expansion plan. The coffee shop and roasting R&D facility have a solid customer base and are located in a prime site in Daejeon, South Korea, which is Korea’s fifth-largest metropolis with a population of over $1.5 million. The shop and the R&D facility have a total space of over 2,000 square feet with a roaster and a coffee extractor. Current annual sales from the shop and facility are approximately...

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Banzai, a Leading End-To-End Video Engagement Platform, to Become a Publicly Traded Company via Business Combination with 7GC & Co. Holdings Inc.

Banzai International, Inc. Has Entered Into a Definitive Business Combination Agreement With 7GC & Co. Holdings Inc. Banzai Accelerates Marketers’ Opportunities to Drive and Track ROI With Engaging Live and On-Demand Video Experiences Recurring Revenue Model, High Profit Margins and Significant Operating Leverage Combined With Rapid Growth Estimated Post-Transaction Enterprise Value of $380 Million With Approximately $207 Million in Net Cash, Assuming No Redemptions of VII Public Shares Committed Equity Facility of $100 Million From GEM to Opportunistically Support the Combined Company Post-CloseSEATTLE and SAN FRANCISCO, Dec. 08, 2022 (GLOBE NEWSWIRE) — Banzai International, Inc. (“Banzai” or the “Company”), a leading end-to-end video engagement platform for marketing, and 7GC & Co. Holdings Inc. (NASDAQ: VII) (“VII”),...

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Digipath, Inc. Announces Revenue Increase of Almost 18% for the Fourth Quarter of Fiscal Year 2022

LAS VEGAS, NV, Dec. 08, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Digipath, Inc. (OTCQB: DIGP) (“DIGP” or the “Company”), a service-oriented independent analytical testing laboratory, data analytics firm focused on the cannabis and hemp markets, today announced that Revenues and Gross Margins increased over the same period last year based on results for the three month period ending September 30, 2022. Fourth Quarter Fiscal Year 2022 Company HighlightsRevenues in Q4 2022 were $712,935 versus $606,240 for the year ago quarter, an increase of almost 18%. Gross Margins in Q4 2022 were 43.4% versus 34.2% for the year ago quarter, an increase of 26.9%.Management Comment “During difficult times, there is a flight to quality and consistency. This has been evident in the increased revenues,” said Stone Douglass, Chairman of Digipath....

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Knightscope, Inc. (NASDAQ: KSCP) ASRs Provide 24/7/365 Security Anywhere People Live, Work, Visit and Study

NEW YORK, Dec. 08, 2022 (GLOBE NEWSWIRE) — – NetworkNewsAudio – Knightscope, Inc. (NASDAQ: KSCP) announces the availability of a broadcast titled, “The Rise of the Robots — Already Here, More Are Coming.” To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast To view the full editorial, please visit: https://nnw.fm/YPxvg Given the sheer volume of crimes committed today, there’s a growing demand to employ robots equipped with high-definition cameras, streaming and recording, with capabilities to surveil public and private areas in a bid to deter, intervene, capture and prosecute offenders. Robots aren’t intended to be a replacement for human security personnel, rather high-tech assistants that are incorruptible, cost efficient and relentlessly on patrol. A global leader in the development of autonomous security...

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Genasys Inc. to Participate in the Imperial Capital 2022 Security Investor Conference

SAN DIEGO, Dec. 08, 2022 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in unified critical communications systems and solutions that help keep people safe, today announced that Richard Danforth, CEO, and Dennis Klahn, CFO, will participate in the Imperial Capital 2022 Security Investor Conference (SIC) being held at the InterContinental New York Barclay in New York City on December 15, 2022. The Company will host a group presentation on Thursday, December 15, 2022, at 4:15 p.m. ET in the Empire I Room and conduct one-on-one meetings the same day. A webcast of the Company’s presentation at the conference will be available on Genasys’ Investor Relations website under the Events and Presentations tab on the following link: https://genasys.com/investors/presentations-events/. SIC is consistently the...

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Improvements in Signs and Symptoms of Dry Eye Disease From a Single TearCare® Treatment Sustained Through 12 Months

DATA PRESENTED AT THE 2022 AMERICAN ACADEMY OF OPTOMETRY MEETING MEIBOMIAN GLAND FUNCTION IMPROVES BY 63% AND DRY EYE SYMPTOMS REDUCED BY 44% THROUGH 12 MONTHSMENLO PARK, Calif., Dec. 08, 2022 (GLOBE NEWSWIRE) — Sight Sciences, Inc. (Nasdaq: SGHT), an eyecare technology company focused on creating innovative solutions intended to transform care and improve patients’ lives, is pleased to report independent data addressing a frequent question from eyecare practitioners (ECPs) and patients regarding the treatment of meibomian gland disease (MGD) using the TearCare® System: How long does a single treatment last? Clinical outcomes for 78 dry eye patients (156 eyes) treated at a single center, the Cleveland Eye Clinic, showcased the duration of efficacy of a single, first-time treatment of MGD using the TearCare® System and were presented...

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UAT Group’s Subsidiary, H2O Processing, Announces Up to $15 Million in Crude Oil Iron Removal

Denver, CO, Dec. 08, 2022 (GLOBE NEWSWIRE) — Umbra Applied Technologies Group, Inc’s (OTC Pink: UATG) subsidiary, H2O Processing, announced today that it has been contracted by Bellows Operating Salt Water Discharge (BOSWD to treat heavily iron contaminated crude oil. Under the agreement, H2O Processing will treat a minimum of 1,000 barrels of crude oil daily with an anticipated 1,500 bbls daily based on current production. The newly signed agreement allows for increased production of up to 8,000 bbls a day totaling more than $15 million dollars in annual revenue. Initial anticipated monthly production is valued to begin at more than $240,000 a month. H2O Processing Chief Executive Officer, Stan Abrams stated, “We are pleased to have BOSWD join H2O Processing to extract iron from the crude oil.  We have developed a unique process...

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Live Ventures to Release Fiscal Fourth Quarter and Fiscal Full Year 2022 Financial Results and Hold Earnings Conference Call on December 15, 2022

LAS VEGAS, Dec. 08, 2022 (GLOBE NEWSWIRE) — Live Ventures Incorporated (NASDAQ: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, will issue its financial results for its fiscal fourth quarter and fiscal full year ended September 30, 2022, before the opening of the NASDAQ Stock Market on Thursday, December 15, 2022. The Company will also host a conference call to discuss the results. The conference call will take place on December 15, 2022, at 2:00 p.m. Pacific time (5:00 p.m. Eastern time). The dial-in numbers are as follows:800.274.8461 (U.S.) +1.203.518.9814 (International/caller-paid) Conference ID: LIVEVENTURES Program Title: Live Ventures Incorporated Earnings CallPlease dial in at least 15 minutes in advance, but no sooner than 30 minutes, to ensure you are connected. To listen to the discussion...

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