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Year: 2022

Microchip Technology Reaffirms Fiscal Third Quarter 2023 Guidance

CHANDLER, Ariz., Nov. 28, 2022 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, reiterated its quarterly guidance initially issued on November 3, 2022. Microchip expects consolidated net sales for the December 2022 quarter to be $2.135 billion to $2.177 billion, which would result in sequential growth of between 3.0% and 5.0%, or 22.7% year-over-year growth, at the mid-point of the guidance range. The Company also reaffirms its expectations for sequential revenue growth for the March 2023 quarter.   “We expect to deliver our 9th consecutive quarter of record revenue in the December 2022 quarter. Our backlog for the quarter remains strong, our carefully curated end markets remain resilient, and while we see incremental supply...

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Navitas Presents Pure-Play, Next-Gen Semiconductors at Taiwan Investor Meeting

Leading-edge gallium nitride (GaN) and silicon carbide (SiC) technologies rapidly taking share from legacy silicon chips in $22B/yr market opportunityNavitas Presents Pure-Play, Next-Gen Semiconductors at Taiwan Investor Meeting Leading-edge gallium nitride (GaN) and silicon carbide (SiC) technologies rapidly taking share from legacy silicon chips in $22B/yr market opportunityTORRANCE, Calif., Nov. 28, 2022 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in GaN power ICs and SiC technology, announced its participation in a Taiwan Investor Meeting hosted by MESH Ventures. Navitas was recently ranked the 75th fastest-growing company in North America on the 2022 Deloitte Technology Fast 500™. In-person schedule: Wednesday December...

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Automotive Finco Corp. Files Condensed Interim Consolidated Financial Statements for the nine months ended September 30, 2022

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. TORONTO, Nov. 28, 2022 (GLOBE NEWSWIRE) — Automotive Finco Corp. (NEX: AFCC-H) (the “Company”) today announced that it has filed condensed interim consolidated financial statements for the nine months ended September 30, 2022. The statements together with the Management Discussion and Analysis can be found on the Company’s SEDAR profile at www.sedar.com. About Automotive Finco Corp. Automotive Finco Corp. is a finance company focused exclusively on the auto retail sector. In addition to its interest in Automotive Finance Limited Partnership, the Company may also pursue other direct investments and...

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Globus Maritime Limited Reports Financial Results for the Third Quarter and Nine-month period ended September 30, 2022

GLYFADA, Greece, Nov. 28, 2022 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30, 2022.Revenue24% increase to $15.9 million in Q3 2022 compared to Q3 2021 116% increase to $53.5 million in 9M 2022 compared to 9M 2021Net income$4.4 million net income in Q3 2022 $27.4 million net income in 9M 2022Cash from operating activities$3.7 million cash generated from operating activities in Q3 2022 $27.9 million cash generated from operating activities in 9M 2022Adjusted EBITDA$6.4 million in Q3 2022 compared to $7.8 million in Q3 2021 $33.8 million in 9M 2022 compared to $12.2 million in 9M 2021Time Charter Equivalent$15,865...

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Winnebago Industries Completes Record-Breaking Community Giving Campaign

Employees, partners, and the Winnebago Industries Foundation come together to support local and national non-profit organizations EDEN PRAIRIE, Minn., Nov. 28, 2022 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, celebrated a record-setting CommunityGO giving campaign by raising over $1.2 million dollars from employees, board members, and partners with the support of the Winnebago Industries Foundation. The annual CommunityGO campaign is part of a year-round program centered around team members giving time, talent, and treasure in support of local and national non-profits. With over 7,400 employees across the Winnebago, Grand Design, Chris-Craft, Newmar and Barletta brands, Winnebago Industries engaged teams with special events and volunteering where they had the opportunity...

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Vislink Adds Jonathan Robbins as Regional Sales Manager for US Market

Mt. Olive, NJ., Nov. 28, 2022 (GLOBE NEWSWIRE) — Vislink Technologies, Inc., (NASDAQ: VISL), a global technology leader in the capture, delivery and management of high-quality live video in the media, sports & entertainment markets, today announced Jonathan Robbins has joined the company as Regional Sales Manager for the United States. Mr. Robbins brings more than 16 years’ experience selling turnkey broadcast studios, encoders, and video services to clients nationwide. He will focus on the company’s Mobile Viewpoint portfolio of advanced technologies for live video acquisition, contribution and distribution solutions. This includes the AI-powered IQ Sports Producer for capture and streaming of live sports, vPilot automated studio system, TrolleyLive compact transportable studio system with 5G, Wi-Fi, Ethernet and Starlink...

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Table Trac Announces Cash Dividend

MINNETONKA, Minn., Nov. 28, 2022 (GLOBE NEWSWIRE) — Table Trac Inc. (the “Company”) (OTCQX: TBTC) today announced that its board of directors has declared a cash dividend on the Company’s common stock of $0.02 per share. The dividend is payable on December 27, 2022, to shareholders of record at the close of business on December 9, 2022. About Table Trac, Inc. Founded in 1995, Table Trac, Inc. designs, develops and sells casino information and management systems. The company has systems installed in North, South, and Central America, as well as Australia and the Caribbean. More information is available at http://www.tabletrac.com/. Forward Looking Statements This press release contains forward-looking statements that involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from...

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Alpha Cognition Announces Withdrawal of Marketed Public Offering

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES VANCOUVER, British Columbia, Nov. 28, 2022 (GLOBE NEWSWIRE) — Alpha Cognition Inc. (“Alpha” or the “Company”) (TSXV:ACOG) (OTCQB: ACOGF), a biopharmaceutical company committed to developing novel therapies with the potential to transform the lives of people with debilitating neurodegenerative disorders, today announced that it has withdrawn the marketed public offering of units previously announced on November 17, 2022. The withdrawal results from an assessment by the Company’s management that current market conditions are not conducive for an offering on terms that would be in the best interests of the Company’s stockholders. As a result of such withdrawal, no securities will be sold pursuant to the offering. About Alpha Cognition Inc. Alpha...

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Codiak BioSciences to Participate 5th Annual Evercore ISI HealthCONx Conference

CAMBRIDGE, Mass., Nov. 28, 2022 (GLOBE NEWSWIRE) — Codiak BioSciences, Inc. (Nasdaq: CDAK), a clinical-stage biopharmaceutical company pioneering the development of exosome-based therapeutics as a new class of medicines, today announced that management will be participating in the 5th Annual Evercore ISI HealthCONx Conference, a virtual conference. Codiak’s Chief Executive Officer, Douglas E. Williams, Ph.D., will participate in a fireside chat on Wednesday, November 30 at 8:00 am ET and the Company will also be hosting one-on-one meetings at the conference. A live webcast of the fireside chat will be available on the Investors & Media section of the Codiak website at www.codiakbio.com. An archived replay will be available for approximately 90 days following the fireside chat. About Codiak BioSciences Codiak is a clinical-stage...

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Daktronics, Inc. to Release Second Quarter Fiscal 2023 Financial Results

BROOKINGS, S.D., Nov. 28, 2022 (GLOBE NEWSWIRE) — Daktronics Inc (Nasdaq – DAKT) announced today it will release its second quarter fiscal 2023 financial results on Wednesday, December 7, 2022 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information. To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration. All registrants will receive dial-in information and a PIN allowing access to the live call. A recording will be archived and available for replay later on the site. The conference call may be accessed...

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