Year: 2022

Pharvaris Reports Third Quarter 2022 Financial Results and Provides Business Update

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

Announced positive top-line data for RAPIDe-1, a global Phase 2 study of PHVS416 for the on-demand treatment of HAE attacks Participated in a Type A meeting with the FDA regarding the previously announced holds on the clinical studies of PHA121 in the U.S. Top-line data from CHAPTER-1, a global proof-of-concept Phase 2 study of PHVS416, anticipated 2H2023 Executing from a strong financial position with cash and cash equivalents of €198 million as of September 30, 2022ZUG, Switzerland, Dec. 08, 2022 (GLOBE NEWSWIRE) — Pharvaris (Nasdaq: PHVS), a clinical-stage company developing novel, oral bradykinin-B2-receptor antagonists to treat and prevent hereditary angioedema (HAE) attacks, today reported financial results for the third quarter ended September 30, 2022, and provided a business update. “The results of the RAPIDe-1 study...

Liquidity Services Announces Fourth Quarter Fiscal Year 2022 Financial Results

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

BETHESDA, Md., Dec. 08, 2022 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced the following financial results as of the quarter ended September 30, 2022 as compared to the applicable prior year periods:Gross Merchandise Volume (GMV) of $283.3 million, up 16%, and Revenue of $75.2 million, up 7%, from higher consignment activity GAAP Net Income of $8.3 million1, down $24.4 million2, and GAAP Diluted Earnings Per Share (EPS) of $0.251, down $0.682 due to non-cash benefits to net income realized last year Non-GAAP Adjusted EBITDA of $12.3 million, up $0.9 million, and Non-GAAP Adjusted Diluted EPS of $0.19, down $0.08 reflecting our higher effective tax rate Cash balances of $97.9 million3 with zero financial debt and...

Hooker Furnishings Achieves Sales, Income Gains in Third Quarter

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

MARTINSVILLE, Va., Dec. 08, 2022 (GLOBE NEWSWIRE) — Hooker Furnishings Corporation (NASDAQ-GS: HOFT), a global leader in the design, production and marketing of home furnishings for nearly a century, today reported results for its fiscal-year 2023 third quarter ended October 30, 2022. Fiscal 2023 Third Quarter Highlights:Net sales for the quarter were $151.6 million, an increase of $18.2 million, or 13.6%, compared to the prior-year quarter. Higher sales were driven by revenue growth across all divisions of the Domestic Upholstery segment, higher net sales at Home Meridian and recovery in the H Contract business.Gross profit and margin improved in all three segments. Consolidated operating income was $6.4 million, and consolidated net income was $4.8 million or $0.42 per diluted share for the fiscal third quarter compared...

Food Contact Paper Market Size, Growth, Trends, and Forecast Report by 2029 | Comprehensive Research Report by Fortune Business Insights™

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

Companies covered in food contact Paper market are Mondi Plc, Westrock Company, Pudumjee Paper Products, Asia Pulp & Paper Group, Ahlstrom- Munksjo Oyj, BPM Inc, KRPA Holding CZ, and Other Key players Pune, India, Dec. 08, 2022 (GLOBE NEWSWIRE) — The global food contact paper market size is expected to gain momentum owing to the increasing demand for eco-friendly packaging during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Food Contact Paper Market, 2022-2029.” Paper packaging is considered to be smart and light. Additionally, lighter packing enhances shipping efficiency while lowering overall costs. Food packaging acts as a safety layer over the product, preventing pollution, micro creatures, viruses, and radiation contamination. While safeguarding...

ArcelorMittal S.A.: ArcelorMittal inaugurates flagship carbon capture and utilisation project at its steel plant in Ghent, Belgium

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

€200 million CCU plant first of its kind in the European steel industry Project part of multi-technology strategy to reduce carbon emissions at Ghent plant8 December 2022, 11:00 CET At an event held at its steel plant in Ghent, Belgium today, attended by the Prime Minister of Belgium, Alexander De Croo, Flemish Minister-President Jan Jambon, members of the Belgian and Flemish governments, European Investment Bank Vice-President Kris Peeters, ArcelorMittal Executive Chairman, Lakshmi Mittal, and ArcelorMittal Europe CEO, Geert Van Poelvoorde, ArcelorMittal (‘the Company’) successfully inaugurated its flagship carbon capture and utilisation (‘CCU’) project. The €200 million ‘Steelanol’ project is a first of its kind for the European steel industry. Utilising cutting edge carbon recycling technology developed by our project partner LanzaTech,...

High Power DC-DC Converter Market to Hit USD 9.77 Billion by 2029 | At a CAGR of 11.88%

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

Companies Covered in High Power DC-DC Converter Market are ABB Ltd (Switzerland), Analog Devices Inc. (U.S.), Crane Co. (U.S.), Delta Electronic Inc. (Taiwan), INVT (China), Infineon Technologies (Germany), Kiepe Electric Schweiz AG (Switzerland), NXP Semiconductor (Netherlands), Renesas Electronic Corporation (Japan), Schaefer, Inc. (U.S.), STMicroelectronics (Switzerland), TDK Corporation (Japan), Texas Instruments (U.S.), Vicor Corporation (U.S.), Zekalabs (Bulgaria) and Other key companies Pune, India, Dec. 08, 2022 (GLOBE NEWSWIRE) — The global high power DC-DC converter market size was valued at USD 4.06 billion in 2021 and USD 4.46 billion in 2022. The market is expected to reach USD 9.77 billion by 2029 with a CAGR of 11.88% during the forecast period. Increasing use of the product in various end-use industries such as...

Kvika banki hf.: Birkir Jóhannsson new CEO of TM

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

Birkir Jóhannsson has been appointed CEO of TM, Kvika banki‘s subsidiary. Birkir will be replacing Sigurður Viðarsson as he takes up the position of deputy CEO at Kvika. Birkir has in past years worked as managing director of core operations and digital solutions at VIS Insurance and has substantial work experience within banking, payment solutions and finance. Birkir has previously been employed at Birti Capital Partners, Valitor, Arion bank and Attorneys atHöfðabakki.. Birkir holds a law degree from the University of Iceland and a master’s degree in corporate finance from Reykjavik University. In addition, Birkir has completed a degree in securities trading and is licensed as a district court attorney. Birkir will be a member of the Kvika group management board. When the changes, that Kvika banki introduced on 5 December, have been implemented...

Savosolar appoints Kirsi Suopelto as Vice President, Strategy

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

Savosolar Plc Company Announcement 8 December 2022 at 10.30 a.m. (CET) Savosolar appoints Kirsi Suopelto as Vice President, Strategy Savosolar has appointed Ms. Kirsi Suopelto, Master of Laws and MBA (born 1976) as Vice President, Strategy of Savosolar Plc and a member of the group’s executive management team. Kirsi’s tasks include preparation of large investments and financial arrangements as well as M&A projects. Kirsi was elected as the chairperson of the board of Savosolar Plc at the extraordinary general meeting held on November 25, 2022 and at the subsequent organizational meeting of the board. Kirsi has more than 20 years of experience in the financial industry, both in legal and commercial positions. Kirsi has worked for several companies offering financial services in Finland and abroad. She has also...

Share Buyback Transaction Details December 1 – December 7, 2022

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

Share Buyback Transaction Details December 1 – December 7, 2022 December 8, 2022 – Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 309,465 of its own ordinary shares in the period from December 1, 2022, up to and including December 7, 2022, for €32.4 million and at an average share price of €104.67. These repurchases are part of the share buyback program under which we intend to repurchase shares for €1 billion during 2022, as announced on August 3, 2022. The cumulative amounts repurchased to date under this program are as follows: Share Buyback 2022Period Cumulative shares repurchased in period Total consideration(€ million) Average share price(€)2022 to date 9,326,042 918.1 98.44...

Two rental housing trends reflected in SATO data too: Rental housing in city centres and residential districts remains popular − Most rental households have one or two members

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

SATO CorporationPress release 8 December 2022 at 11.00 am The most popular residential areas are found in growth centre districts and areas close to city centres. One in three SATO tenants live alone. In late October, Statistics Finland released data on types of housing in Finland*, with two trends emerging from the statistics: the number of both those renting a home and those living alone is increasing. These trends can also be seen in data collected by SATO, one of Finland’s largest rental housing providers**. Population growth continues in the Helsinki Metropolitan Area, Tampere and Turku, and already almost half of the households in these cities live in a rental home. There are several reasons behind the popularity of renting a home in growth centres, including demographic change, the uncertainties of working life and the differentiated...

Year: 2022

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