Year: 2022

DIGITAL UTILITIES VENTURES, INC ANNOUNCES STRATEGIC UPDATES

Written by Customer Service on November 21, 2022. Posted in Public Companies.

Easy Energy Systems, Inc. Easy FENBoston, Massachusetts, Nov. 21, 2022 (GLOBE NEWSWIRE) — Digital Utilities Ventures, Inc. (OTC: DUTV), announces an update for current and potential investors on the current status of DUTV, Easy Energy Systems, Inc., and Easy Energy Finance, as well as to clarify some potential confusion. Easy Energy Financing, Inc. Easy Energy Finance, Inc. initiated in the Spring of 2022 the creation of a Reg D and Reg S exempt security to raise capital. The purpose of this capital is to be utilized to purchase modular equipment from Easy Energy Systems, Inc. , Easy Modular Manufacturing, Inc and the other subsidiaries of DUTV. This equipment will then be leased to end customers in the form of an operating lease via a revenue share agreement to end user customers with waste streams. The end result...

Apollo Closes on $2.4 Billion for Inaugural Accord+ Fund

Written by Customer Service on November 21, 2022. Posted in Public Companies.

Commitments Bring Total Fundraising for Accord Family of Funds to Approx. $11bn Since Inception NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that it has closed on $2.4 billion in commitments for the Apollo Accord+ Fund (“Accord+”), its commingled multi-asset opportunistic credit offering. These new commitments bring total fundraising for the overarching Accord strategy to approximately $11 billion since inception, of which approximately $4.5 billion was raised in the past 12 months. Accord+, a closed-end fund, follows a multi-asset opportunistic credit strategy, investing in Apollo’s highest conviction themes from across its Credit platform. The fund primarily targets performing, dislocated, privately originated and asset-backed credit opportunities centered on what Apollo believes represents the...

Large Provider Network Adds Streamline Health®’s RevID™ Solution

Written by Customer Service on November 21, 2022. Posted in Public Companies.

National Health Systems Seeks Automated Charge Reconciliation for Improved Financial Performance Atlanta, GA, Nov. 21, 2022 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of solutions that enable healthcare providers to improve financial performance, announced today an expansion of its existing relationship with a Southwest-based healthcare system with more than 60 acute care facilities in the United States. Building on the successful implementation of Streamline’s Compare™ tool, the health system has chosen to implement RevID’s automated charge reconciliation in six initial facilities to improve revenue integrity and financial performance. Streamline Health is leading an industry movement to improve hospital financial performance through pre-bill technology solutions. RevID’s automated...

Optinose Announces Pricing of Public Offering of Common Stock and Warrants

Written by Customer Service on November 21, 2022. Posted in Public Companies.

YARDLEY, Pa., Nov. 21, 2022 (GLOBE NEWSWIRE) — Optinose (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today announced the pricing of an underwritten public offering of 26,320,000 shares of its common stock and warrants to purchase 26,320,000 shares of its common stock at a combined public offering price of $1.90 per share and accompanying warrant, for gross proceeds of approximately $50 million to Optinose, before deducting underwriting discounts and commissions and offering expenses payable by Optinose. All shares of common stock and accompanying warrants in the offering are being offered by Optinose. The offering is expected to close on or about November 23, 2022, subject to the satisfaction of customary closing conditions. The shares of common stock...

CTG Announces Changes in European Executive Leadership

Written by Customer Service on November 21, 2022. Posted in Public Companies.

Rénald Wauthier, Senior Vice President, Leaves Organization;Bob Daelman Appointed to Lead Business Operations in Europe BUFFALO, N.Y. and LUXEMBOURG CITY, Luxembourg, Nov. 21, 2022 (GLOBE NEWSWIRE) — CTG (Nasdaq: CTG) (“Company”), a leading provider of digital IT solutions and services that drive clients’ productivity and profitability in North America and Western Europe, today announced Rénald Wauthier, Senior Vice President of Europe, is immediately stepping down from his position. The Company has appointed Bob Daelman, the current Vice President of Belgium and the United Kingdom and Managing Director of Belgium, as his successor. Under Mr. Wauthier’s leadership, CTG Europe achieved many notable accomplishments, including:Completing three acquisitions—Tech-IT, Soft Company, and StarDust—enhancing capabilities,...

CPI Aerostructures Reports Third Quarter and Nine Month 2022 Results

Written by Customer Service on November 21, 2022. Posted in Earnings Releases And Operating Results.

Third Quarter 2022 vs. Third Quarter 2021Revenue of $20.2 million compared to $23.9 million; Gross profit of $5.3 million compared to $3.7 million; Gross margin of 26.4% compared to 15.3%; Net income of $1.9 million compared to $5.4 million ($0.6 million excluding $4.8 million in PPP loan forgiveness); Earnings per diluted share of $0.15 compared to $0.44 ($0.05 excluding $0.39 in PPP loan forgiveness); Cash flow from operations of $2.9 million compared to $1.2 million.Nine Months 2022 vs. Nine Months 2021Revenue of $59.3 million compared to $77.0 million; Gross profit of $12.4 million compared to $12.2 million; Gross margin of 21.0% compared to 15.8%; Net income of $2.3 million ($3.1 million excluding the first quarter severance accrual of $0.8 million) compared to $7.3 million ($2.5 million excluding $4.8 million in PPP loan forgiveness); Earnings...

Freight Technologies, Inc. Announces Q3 2022 Revenue Growth of 38% vs. Q3 2021 and YTD Q3 2022 Revenue Growth of 32% vs. YTD Q3 2021

Written by Customer Service on November 21, 2022. Posted in Earnings Releases And Operating Results.

Increases reflect continuing growth of Fr8Fleet and strong performance in cross-border shipments HOUSTON, Nov. 21, 2022 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company developing solutions to optimize and automate the supply chain process and providing its Fr8App platform for B2B cross-border shipping in the NAFTA region, today reports third quarter 2022 revenue for the period ended Sept. 30, 2022. Fr8Tech reported strong quarterly revenue of $7.7 million for Q3 2022, which is an increase of 38% from $5.6 million in Q3 2021, and the company reported $21.5 million in YTD Q3 revenue, which is an increase of 32% from $16.3 million for YTD Q3 2021. Management adjusted full-year 2022 revenue guidance to $29-30 million, up nearly 35-40% from Fr8App’s 2021 full-year revenue of $21.5 million. Javier...

Pasinex Announces Third Quarter 2022 Financial Results

Written by Customer Service on November 21, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 21, 2022 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) today reports the Company’s financial and operating results for the three and nine months ended September 30, 2022. The third quarter financial statements and management’s discussion and analysis have been posted on the Company’s website at www.pasinex.com. Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “Horzum AS continued to deliver solid results throughout the third quarter. We are now well funded for our operations to continue through 2023. Sales of high-grade zinc sulphide product continued at very impressive margins. We look forward to receiving the official license extensions from MAPEG and to completing the drill program in Nevada.” Selected Quarterly Information Three...

Construction Equipment Rental Market Size Worth USD 164.6 Billion, Globally, by 2029 at 5.1% CAGR

Written by Customer Service on November 21, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global Construction Equipment Rental market size is projected to grow from USD 111.6 billion in 2021 to USD 164.6 billion in 2029, at CAGR of 5.1% during forecast period; Pune, India, Nov. 21, 2022 (GLOBE NEWSWIRE) — The global Construction Equipment Rental Market was USD 111.6 billion in 2021. The global market size is expected to be USD 116.0 billion in 2022 and is projected to reach USD 164.6 billion by 2029, exhibiting a CAGR of 5.1% during the forecast period from 2022-2029. This information is provided by Fortune Business Insights, in its report, titled, “Construction Equipment Rental Market, 2022-2029.” According to our analysts, the market growth can be credited to the escalating presence of local and regional businesses and their growing inclination toward the achievement of...

Aurora Spine Corporation Announces Third Quarter Fiscal 2022 Financial Results

Written by Customer Service on November 21, 2022. Posted in Earnings Releases And Operating Results.

– Management to host conference call today, November 21, 2022 at 11:00 AM ET – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES CARLSBAD, Calif., Nov. 21, 2022 (GLOBE NEWSWIRE) — Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced the financial results for the third quarter ended September 30, 2022. All figures are in U.S. dollars. Q3 and Recent HighlightsSales Growth – Sales remained strong in Q3 growing at 26% over Q3 2021. Positive EBITDAC – Second consecutive quarter of positive EDITDAC at $150,687 in Q3 and $96,285 in Q2 compared to ($153,972) in Q1 and ($171,247) in Q3 2021. EBITDAC is a non-GAAP financial measure (defined below). DEXA...

Year: 2022

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