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Day: January 19, 2023

American National Bankshares Reports Fourth Quarter and Full Year 2022 Earnings

DANVILLE, Va., Jan. 19, 2023 (GLOBE NEWSWIRE) — American National Bankshares Inc. (NASDAQ: AMNB) (“American National” or the “Company”) today reported fourth quarter 2022 earnings of $8.0 million, or $0.76 per diluted common share. Those results compare to earnings of $11.3 million, or $1.05 per diluted common share, during the same quarter in the prior year, and earnings of $9.3 million, or $0.87 per diluted common share, for the third quarter of 2022. Earnings for the twelve months ended December 31, 2022 were $34.4 million, or $3.23 per diluted common share, compared to $43.5 million, or $4.00 per diluted common share, for the same period of 2021. President and Chief Executive Officer, Jeffrey V. Haley, commented, “American National finished 2022 on a positive note with strong earnings for the fourth quarter and the full year....

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Editas Medicine and Shoreline Biosciences Enter into Definitive Agreement for Shoreline to Acquire Editas’ iNK Cell Franchise and Related Gene Editing Technologies

Shoreline to obtain an exclusive license to SLEEK knock-in technology for iPSC-derived NK cells, an exclusive license to SLEEK for iPSC-derived macrophages in oncology and a non-exclusive license for AsCas12a Shoreline to acquire Editas Medicine’s iNK cell franchise, including EDIT-202 and certain related manufacturing technologies Economics to Editas Medicine to include upfront payment, and development and commercial milestone and royalty payments CAMBRIDGE, Mass. and SAN DIEGO, Jan. 19, 2023 (GLOBE NEWSWIRE) — Editas Medicine, Inc. (Nasdaq: EDIT), a clinical-stage genome editing company, today announced that it has entered into a definitive agreement with Shoreline Biosciences (Shoreline) for Shoreline to license Editas Medicine’s proprietary SLEEK (SeLection by Essential-gene Exon Knock-in) and AsCas12a gene editing technologies...

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OneWater Marine Inc. Announces Fiscal First Quarter 2023 Earnings Release Date and Conference Call Information

BUFORD, Ga., Jan. 19, 2023 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (the “Company” or “OneWater”) announced today that it will release its first quarter 2023 financial results on Thursday, February 2, 2023, before the market opens. Following the release, the Company’s management team will host a conference call to discuss the results at 8:30 a.m. Eastern Time that day. To access via phone, participants will need to register using the following link where they will be provided a phone number and access code: https://register.vevent.com/register/BI7ed348a781b44352aadaa744402ac065 Alternatively, a live webcast of the conference call can be accessed through the “Events” section of the Company’s website at https://investor.onewatermarine.com/ where it will be archived for one year. About OneWater Marine Inc. OneWater Marine...

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LGI Homes Opens New Community, Knights Bridge, in South Carolina

The Franklin by LGI Homes at Knights Bridge The Franklin floor plan provides a flexible layout featuring a chef-ready kitchen, a large game room on the second floor, and three generously sized bedrooms.RICHBURG, S.C., Jan. 19, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) announced further expansion into South Carolina with the opening of Knights Bridge, a new community located in Richburg, SC. The new community is situated just east of I-77 and 14 miles south of Rock Hill, providing easy access to exceptional shopping, dining and employment opportunities. Homeowners at Knights Bridge will enjoy the convenience of local shops and restaurants in historic downtown Chester, as well as incredible state parks and outdoor activities right outside their doors. “Knights Bridge offers a special opportunity to homebuyers looking...

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KVH Introduces New Enterprise-grade Cybersecurity and Email Services for Mariners

KVH Managed Firewall and Cloud Email value-added services available to commercial fleets to enhance maritime connectivity using KVH TracNet and TracPhone solutions MIDDLETOWN, R.I., Jan. 19, 2023 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI), introduces two new value-added services for commercial vessels and fleets: KVH Managed Firewall, providing an added level of protection against cyber threats; and KVH Cloud Email, a reliable, secure email solution allowing commercial seafarers to send and retrieve email over any available data connection. Both services are compatible with KVH’s TracNet™ hybrid terminals and TracPhone® VSAT-only terminals. “The introduction of these two value-added services, KVH Managed Firewall and Cloud Email, reflect KVH’s ongoing commitment to bringing new features and options to our customers....

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Verano Announces the Opening of MÜV Navarre, the Company’s 63rd Florida Location

MÜV is the first medical cannabis dispensary in Navarre, a town with a population of nearly 40,0001 MÜV Navarre is located at 6863 Navarre Parkway, a busy thoroughfare with an average daily traffic count of 37,500 vehicles2 Verano’s active operations span 13 states, comprised of 121 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacityCHICAGO, Jan. 19, 2023 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the opening of MÜV Navarre on Friday, January 20, the Company’s 63rd Florida dispensary and 121st nationwide. MÜV Navarre, located at 6863 Navarre Parkway, is open Monday through Saturday from 9 a.m. to 5 p.m. and Sunday from 11 a.m. to 5 p.m., local time. According...

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Lifeist’s CannMart Brings First-to-Market Multi-Pack Cannabis Products to Ontario

Answering Customer Demand from Retailers and Consumers, CannMart’s In-house Brand Roilty Introduces First-to-Market Multi-pack Formats Across Several Cannabis Concentrate Categories TORONTO, Jan. 19, 2023 (GLOBE NEWSWIRE) — Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSXV: LFST) (FRANKFURT: M5B) (OTCMKTS: NXTTF), a health-tech company that leverages advancements in science and technology to build breakthrough companies that transform human wellness, today announced that its wholly owned Canadian cannabis business unit CannMart Inc. (“CannMart”) has leveraged market research and consumer insights to introduce several higher margin multi-pack offerings in Ontario through the Ontario Cannabis Store (the “OCS”) that are believed to be first-to-market in the province. CannMart made its multi-pack entrance into Ontario with the...

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Synlogic Receives Rare Pediatric Disease Designation from FDA for SYNB1934 for Phenylketonuria (PKU)

CAMBRIDGE, Mass., Jan. 19, 2023 (GLOBE NEWSWIRE) — Synlogic, Inc. (Nasdaq: SYBX), the leading company advancing therapeutics based on synthetic biology, today announced that SYNB1934 was granted Rare Pediatric Disease Designation (RPDD) by the U.S. Food and Drug Administration (FDA) for the potential treatment of phenylketonuria (PKU). “This designation for SYNB1934 demonstrates the urgent need for new PKU treatment options for patients, especially children,” said Dave Hava, Head of Research and Development. “This is also extraordinary news as our program heads towards initiation of Synpheny-3, the pivotal Phase 3 study for SYNB1934 in PKU in the first half of the year.” Synlogic also received RPDD for SYNB1353 for the potential treatment of homocystinuria (HCU) in December 2022. About Rare Pediatric Disease Designation The FDA...

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Universal Stainless Reports Preliminary Fourth Quarter 2022 Results

– Fourth Quarter Conference Call to be Webcast on January 25th – BRIDGEVILLE, Pa., Jan. 19, 2023 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported that, based on preliminary results, it expects to report net sales for the fourth quarter of 2022 of $56.2 million, an increase of 22% from the third quarter of 2022, and 30% higher than the fourth quarter of 2021. Sales of premium alloys in the fourth quarter of 2022 are expected to reach a record $13.5 million, or 24% of sales, driven mainly by a 27% sequential increase in sales to the aerospace market. Gross margin in the fourth quarter of 2022 is expected to approximate $2.4 million, or 4.3% of sales, versus $3.0 million, or 6.4% of sales, in the 2022 third quarter. The sequential decline was mainly due to two factors: negative...

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Server Operating System Market Size Worth USD 227.77 Billion by 2029 | Report by Fortune Business Insights

According to Fortune Business Insights, the global Server Operating System Market size is projected to reach USD 227.77 Billion in 2029, at a CAGR of 12.3% during the forecast period, 2022-2029 Pune, India, Jan. 19, 2023 (GLOBE NEWSWIRE) — The global server operating system market size was valued at USD 92.74 billion in 2021. The market is projected to grow from USD 100.89 billion in 2022 to USD 227.77 billion by 2029, exhibiting a CAGR of 12.3% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Server Operating System Market Forecast, 2023-2029.”Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/server-operating-system-market-106601Industry Development: Trend Micro, Inc., presented cloud data center in...

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