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Year: 2022

NearU Services Announces Partnership with Carolina Cool, Enhancing South Carolina Presence

Carolina Cool – HVAC, Plumbing, Electrical, Solar, Air Quality Carolina Cool has established an excellent reputation within the industry for performing very high-quality work and for doing so in an extremely competitive environment. The entire staff, be it plumbers, electricians, project managers, engineering, purchasing, service and repair, or management is made up of skilled people with many years of experience.Charlotte, NC, Nov. 16, 2022 (GLOBE NEWSWIRE) — NearU Services (“NearU”), a founder-led premier home services platform, today announced its partnership with Carolina Cool (“Carolina Cool” or the “Company”), a leading home services provider, located in Surfside Beach, South Carolina. Since its founding in 1985, Carolina Cool has quickly grown to become the top provider of HVAC, plumbing, electrical,...

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LiveToBeHappy Reports Record Third Quarter 2022 Results; 2022 YTD Revenues Increase 129% YoY to $10.1 Million

Most Profitable Quarter in Company History with Net Income of $0.6 Million; Expects 2023 Revenues to Increase to at Least $35 Million CHARLOTTE, N.C., Nov. 16, 2022 (GLOBE NEWSWIRE) — LiveToBeHappy, Inc. (OTC: CAVR) (“LTBH” or the “Company”), a vertically integrated lifestyle services company, today announced financial results for the third quarter ended September 30, 2022.   Q3 2022 HighlightsRevenues of $4.8 million for Q3 2022, representing an increase of 1,010% year-over-year and 74% sequentially Revenues of $10.1 million for the nine months ended September 30, 2022, representing an increase of 129% year-over-year Net income of $0.6 million in Q3 2022, representing an increase of 132% in compared to Q2 2022 Reduced liabilities by 7% since December 31, 2021 Launched its commercial real estate and business brokage firm, Monument...

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Otonomo Announces Third Quarter 2022 Results

HERZLIYA, Israel and SAN FRANCISCO, Nov. 16, 2022 (GLOBE NEWSWIRE) — Otonomo Technologies Ltd. (Nasdaq: OTMO), the platform powering the mobility economy, today announced its financial results for the quarter ended September 30, 2022. Third Quarter 2022 Financial Results:Revenue for the third quarter 2022 was $2.0 million compared to $0.2 million for the third quarter 2021. GAAP operating loss for the third quarter 2022 was $37.0 million, including an impairment charge of $26.3 million for writing off all Goodwill and Intangible assets related to acquisitions made in the past, compared to $0 million for the third quarter 2021. Non-GAAP operating loss* for the third quarter 2022 was $13.4 million compared to a non-GAAP operating loss of $9.1 million for the third quarter 2021. Cash and cash equivalents, short term investments,...

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Innovative Food Holdings, Inc. Reports 2022 Third Quarter Financial Results and Record Third Quarter Sales

• Total revenue up 32% year-over-year to a third-quarter record of $20.1 million• igourmet B2B growth of over 300%, helped drive a 46% year-over-year increase in specialty foodservice revenue to a third quarter record• Increased scale and previously announced optimization and SG&A efficiency strategies drive third quarter profitability• $0.5 million of operating cash flow generated during the third quarter BONITA SPRINGS, Fla., Nov. 16, 2022 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a leading end-to-end DTC eCommerce platform and direct-to-chef online platform that provides high-quality, unique specialty foods through eCommerce offerings and multichannel partnerships, reported its financial results for the third quarter of 2022. “Positive trends across our business remained...

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Radiodetection Ltd. (UK) and Guideline Geo (Sweden) are the Key Players in the Utility Locator Market [2022-2027]

Chicago, Nov. 16, 2022 (GLOBE NEWSWIRE) — The report “Utility Locator Market by Technique (Electromagnetic Field, GPR), Offering (Equipment and Services), Target (Metallic Utilities and Non-Metallic Utilities), Vertical (Oil & Gas, Electricity, Transportation) and Region – Global Forecast to 2027″, The growth of the market is attributed to the concern for safety and protection of the underground utilities and benefits of utility locator over traditional technologies/ methods. “[194 Pages Report] According to MarketsandMarkets, the utility locator market is projected to grow from USD 833 million in 2022 to USD 1,109 million by 2027; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.9% from 2022 to 2027.” Key players in the Utility Locator IndustryRadiodetection Ltd. (UK), Guideline Geo...

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Vir Biotechnology Ranked the Fastest-Growing Company in North America on the 2022 Deloitte Technology Fast 500™

SAN FRANCISCO, Nov. 16, 2022 (GLOBE NEWSWIRE) — Vir Biotechnology, Inc. (Nasdaq: VIR) today announced it ranked first on the 2022 Deloitte Technology Fast 500™, a list of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. The ranking was based on Vir’s revenue growth of 125,138% between fiscal years 2018 and 2021. This is the second year in a row that Vir has been ranked for substantial growth, landing at number 70 in 2021 for 2,383% growth in revenue. “Our number 1 ranking on the Deloitte Technology Fast 500 list reflects the dedication of our team and Vir’s executional success in bringing sotrovimab, a novel monoclonal antibody therapy, to millions of patients around the world in record time and in the midst of the COVID-19 pandemic,” said George...

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Progressive Reports October 2022 Results

MAYFIELD VILLAGE, OHIO, Nov. 16, 2022 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for October 2022:  October(millions, except per share amounts and ratios; unaudited)   2022     2021   Change         Net premiums written $ 5,187.1   $ 4,346.6   19   %Net premiums earned $ 4,872.7   $ 4,397.8   11   %Net income $ 375.6   $ 373.8   0   %  Per share available to common shareholders $ 0.64   $ 0.63   0   %Total pretax net realized gains (losses) on securities $ 178.6   $ 302.1   (41 ) %Combined ratio   95.9     97.2   (1.3 ) pts.Average diluted equivalent common shares   587.1     586.4   0   %  October(thousands; unaudited) 2022   2021   ChangePolicies in Force          Personal Lines          Agency – auto 7,677.9   7,961.1   (4 ) %Direct...

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Rigid Plastic Packaging Market Size is Estimated to Reach US$ 250.2 Billion by 2026 Globally, at a CAGR of 4.7%, says MarketsandMarkets™

Chicago, Nov. 16, 2022 (GLOBE NEWSWIRE) — The global Rigid Plastic Packaging Market is projected to grow from USD 198.9 billion in 2021 to USD 250.2 billion by 2026, at a CAGR of 4.7% during the forecast period, as per the recent study by MarketsandMarkets™. The market is expected to witness significant growth in the future due to its multiple applications in end-use industries such as beverage, food, and healthcare. The global rigid plastic packaging market is driven by factors such as strong demand in major Asia-Pacific markets such as India and China and increasing demand from food & beverage packaging industries. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=178852016 Browse in-depth TOC on “Rigid Plastic Packaging Market” 195 – Market Data Tables 51- Figures 207- Pages...

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Codere Online Reports Financial Results for the Third Quarter of 2022

Total revenue was €28.9 mm in Q3 2022 (51% above Q3 2021), while net gaming revenue was €30.6 mm in the period (54% above Q3 2021)1. Mexico revenue was €11.4 mm in Q3 2022 (80% above Q3 2021), while Mexico net gaming revenue was €12.9 mm in the period (82% above Q3 2021). Spain revenue (and net gaming revenue) reached €14.9 mm in Q3 2022 (29% above Q3 2021 which was partially impacted by marketing restrictions implemented in 2021). Net loss was €11.6 mm in Q3 2022 (€28.4 mm in the first nine months of 2022). Total cash position of nearly €72 mm as of September 30, 2022.Madrid, Spain and Tel Aviv, Israel, November 16, 2022 – (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, “the Company”), a leading online gaming operator in Spain and Latin America, has released its financial results for the third quarter ended September 30, 2022. Below...

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BrainsWay Reports Third Quarter 2022 Financial Results and Operational Highlights

Conference call to be held today, November 16, 2022, at 8:30 AM ET BURLINGTON, Mass. and JERUSALEM, Nov. 16, 2022 (GLOBE NEWSWIRE) — BrainsWay Ltd. (NASDAQ & TASE: BWAY) (“BrainsWay” or the “Company”), a world leader in advanced and non-invasive treatment for brain disorders, today reported third quarter 2022 financial results and provided an operational update. Recent Financial and Operational HighlightsFor the three months ended September 30, 2022, revenues were $5.2 million, a 36% decrease as compared to the prior year period. As of September 30, 2022, BrainsWay’s Deep TMS™ installed base was 851 total systems, a 19% increase from the installed base at the same point in the prior year. As of September 30, 2022, the Company had shipped 380 obsessive-compulsive disorder (OCD) coils as add-on helmets to certain of...

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