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Month: February 2023

Patria Reports Fourth Quarter & Full Year 2022 Earnings Results

GRAND CAYMAN, Cayman Islands, Feb. 14, 2023 (GLOBE NEWSWIRE) — Patria (Nasdaq:PAX) reported today its unaudited results for the fourth quarter and full year ended December 31, 2022. The full detailed presentation of Patria’s fourth quarter and full year 2022 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/. Alex Saigh, Patria’s CEO, said: “Patria generated strong results for the 4th quarter and full year 2022, delivering our FRE guidance for 50% annual growth, as well as performance fees during a challenging year for global markets. We believe we are uniquely positioned as a gateway for alternative investments in Latin America, with the talent and resources in place to execute on the multi-year targets shared at our recent Investor Day event.” Financial Highlights (reported...

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Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2022 Earnings Release and Conference Call Date

EMERYVILLE, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) — Grocery Outlet Holding Corp. (NASDAQ: GO) (“Grocery Outlet”) today announced that its financial results for the fourth quarter and full fiscal 2022 year will be released after the market close on Tuesday, February 28, 2023. The company will host a conference call at 4:30pm ET (1:30pm PT) to discuss the results. Investors and analysts interested in joining the call are invited to dial (877) 407-9208 approximately 10 minutes prior to the start of the call, using conference ID #13730480. A live audio webcast of the conference call will be available online at https://investors.groceryoutlet.com. A taped replay of the conference call will be available within two hours of the conclusion of the call and can be accessed online or by dialing (844) 512-2921 and entering access code 13730480....

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Verve Therapeutics Announces VERVE-101 Awarded Innovation Passport by the UK MHRA for the Treatment of Heterozygous Familial Hypercholesterolemia

BOSTON, Feb. 14, 2023 (GLOBE NEWSWIRE) — Verve Therapeutics, Inc., a clinical-stage biotechnology company pioneering a new approach to the care of cardiovascular disease with single-course gene editing medicines, today announced that VERVE-101 has been awarded the Innovation Passport for the treatment of heterozygous familial hypercholesterolemia (HeFH) under the Innovative Licensing and Access Pathway (ILAP) by the Medicines and Healthcare products Regulatory Agency (MHRA), the regulatory body of the United Kingdom (UK). The ILAP aims to accelerate time to market and facilitate patient access to innovative medicines. VERVE-101 is a novel, investigational gene editing medicine designed to be a single-course treatment that permanently turns off the PCSK9 gene in the liver to durably lower disease-driving low-density lipoprotein...

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Embecta Corp. Reports First Quarter Fiscal 2023 Financial Results

PARSIPPANY, N.J., Feb. 14, 2023 (GLOBE NEWSWIRE) — Embecta Corp. (“embecta” or the “Company”) (Nasdaq: EMBC), one of the largest pure-play diabetes care companies in the world, today reported financial results for the three month period ended December 31, 2022. “We are pleased with our financial performance in the first fiscal quarter, which exceeded our initial expectations in an operating environment that remains challenging,” said Devdatt (Dev) Kurdikar, Chief Executive Officer of embecta. “During fiscal year 2023, we remain focused on three key strategic priorities: strengthening our base business, separating and standing up embecta as an independent company, and investing in growth. Throughout the first quarter, we made progress on each of these objectives, as we continue setting up embecta for...

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Disc Medicine Announces $62.5 Million Financing led by Bain Capital Life Sciences to Advance Portfolio of Novel Hematology Programs

WATERTOWN, Mass., Feb. 14, 2023 (GLOBE NEWSWIRE) — Disc Medicine, Inc. (NASDAQ: IRON) a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel treatments for patients suffering from serious hematologic diseases, today announced it has entered into a securities purchase agreement with certain investors resulting in an aggregate $62.5 million in gross proceeds through a registered direct offering. The financing was led by Bain Capital Life Sciences, who contributed $50 million, with participation from existing investors, Access Biotechnology and OrbiMed. The financing includes 1,488,166 shares of the Company’s common stock at a price of $23.00 per share and pre-funded warrants to purchase up to an aggregate of 1,229,224 shares of common stock, at a purchase price of $22.9999,...

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TransUnion Announces Fourth Quarter 2022 Results

Total revenues increased by 14 percent (2 percent organic constant currency revenue growth excluding mortgage) driven by strength in International Drove strong results with recent acquisitions, notably Neustar revenue grew 8 percent compared to its fourth quarter 2021 Completed sale of non-core businesses (G2, LCI and Fintellix) for $176 million of consideration Prepaid $200 million in debt in fourth quarter of 2022 for a total of $600 million in 2022 Providing 2023 financial guidance, we expect to deliver 3 to 5 percent revenue growthCHICAGO, Feb. 14, 2023 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) (the “Company”) today announced financial results for the quarter ended December 31, 2022. Fourth Quarter 2022 Results Revenue:Total revenue for the quarter was $902 million, an increase of 14 percent (17 percent on a constant...

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Commercial Telematics Market Size Worth USD 158.31 Billion, Globally, by 2028 at a CAGR of 21.6%

According to Fortune Business Insights, the global commercial telematics market is estimated to grow USD 158.31 billion during forecast period of 2022 to 2028. The Compound Annual Growth Rate (CAGR) is expected to be 21.6% during this forecast period. Ford Acquired Electrophile Set to Make Noticeable Expansions: Fortune Business Insights™ Pune, India., Feb. 14, 2023 (GLOBE NEWSWIRE) — The global commercial telematics market size was USD 34.79 billion in 2020. The market is projected to grow from USD 40.18 billion in 2021 to USD 158.31 billion in 2028 at a CAGR of 21.6% in the 2021-2028 period. This information is provided by Fortune Business Insights™ in its report titled, “Commercial Telematics Market, 2021-2028.” According to our analysts, the increasing penetration of telematics in developing countries across...

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Victoria Gold: Response to ATAC Resources

WHITEHORSE, Yukon, Feb. 14, 2023 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) has noted a response from ATAC Resources Ltd. (“ATAC”) regarding Victoria’s proposal to acquire ATAC for an 85% premium to ATAC’s closing share price on February 10, 2023 (the “Proposal”). Victoria wishes to clarify certain facts contained in ATAC’s press release related to the conditionality of its Proposal. ATAC has stated that Victoria’s Proposal “contained numerous deal conditions”. Victoria believes the conditions included in its Proposal to ATAC are standard and customary for a transaction of this nature. In addition, Victoria’s Proposal did not include any financing requirements. In its January 12, 2023 Proposal to ATAC’s Board of Directors, Victoria wrote: “We have devoted significant time and resources to the...

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Linux Operating System Market Exhibits 19.8% CAGR to Hit USD 22.15 Billion by 2029

As per the report by Fortune Business Insights, the global Linux Operating System Market size is projected to reach USD 22.15 Billion in 2029, at a CAGR of 19.8% during the forecast period, 2022-2029 Pune,India, Feb. 14, 2023 (GLOBE NEWSWIRE) — The global Linux Operating System Market Size was valued at USD 5.33 billion in 2021. The market is projected to grow from USD 6.27 billion in 2022 to USD 22.15 billion by 2029, exhibiting a CAGR of 19.8% during the forecast period. The market is expected to grow during the projected period due to rising adoption of Linux OS among servers and embedded systems. Fortune Business Insights™ publishes this information in a report titled, “Linux OS Market Forecast, 2023-2029”. Key Industry Development: Zorin Group launched Zorin OS 16 Education edition. The company aims to...

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Bilibili to Report Fourth Quarter and Fiscal Year 2022 Financial Results on Thursday, March 2, 2023

-Earnings Call Scheduled for 7:00 a.m. ET on March 2, 2023- SHANGHAI, China, Feb. 14, 2023 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it will report its fourth quarter and fiscal year 2022 unaudited financial results on Thursday, March 2, 2023, before the open of U.S. markets. The Company’s management will host an earnings conference call at 7:00 AM U.S. Eastern Time on March 2, 2023 (8:00 PM Beijing/Hong Kong Time on March 2, 2023). Details for the conference call are as follows:Event Title:   Bilibili Inc. Fourth Quarter and Fiscal Year 2022 Earnings Conference CallRegistration Link:   https://register.vevent.com/register/BI22821643c86e4b4d9e82bc0440762b86     All participants...

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