Day: March 9, 2023

Ended Q4 with $205 Million of Cash on Hand Business Update will be held Monday, March 13, 2023 at 4:30 P.M. LUXEMBOURG, March 09, 2023 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL), inventor of a unique new method of design and production of electric vehicles (EVs) by local Microfactories, today reported preliminary financial results for the fourth quarter and full year ended December 31, 2022. The Company will conduct its business update webinar after markets close on Monday, March 13, 2023 at 4:30 P.M. Eastern Time. The business update is being held at that time to allow the Company to potentially finalize a transaction which, if consummated, would provide additional liquidity and further extend its runway. The link to register for the webinar can be found at investors.arrival.com under Events. Fourth Quarter 2022 Preliminary Unaudited...

Efficiency Program Yields a $5.8 million Improvement in Operating Cash Flow Performance in 2022Strong Sales Execution Drives 13% Annual Growth in U.S. Services in 2022Business Optimization and Focus on High Quality Revenue Drives an Absolute Sequential Increase in Gross Margin of 5% in 2H22WOODCLIFF LAKE, N.J., March 09, 2023 (GLOBE NEWSWIRE) — Powerfleet, Inc. (Nasdaq: PWFL), a global leader of Internet of Things (IoT) software-as-a-service (SaaS) solutions that optimize the performance of mobile assets and resources to unify business operations, reported results for the fourth quarter and year ended December 31, 2022. Following the appointment of CEO Steve Towe in January 2022, the executive team and board of directors conducted an exhaustive 120-day review of Powerfleet’s business, product offerings, geographic markets,...

— Announced preclinical data providing further proof-of-concept for Prime Editing’s ability to achieve restoration of genetic function, as well as new preliminary safety analyses demonstrating no detected off-target activity — — Nominated PM359, first development candidate for the treatment of Chronic Granulomatous Disease (CGD) — — Successfully completed upsized initial public offering, raising $199 million in gross proceeds — CAMBRIDGE, Mass., March 09, 2023 (GLOBE NEWSWIRE) — Prime Medicine, Inc. (Nasdaq: PRME), a biotechnology company committed to delivering a new class of differentiated one-time curative genetic therapies, today reported financial results and provided a business update for the fourth quarter and full year ended December 31, 2022. “In 2022, we made important progress in...

Total Revenue Reaches Record $40 million for the Fourth QuarterFourth Quarter illumin Revenue Up 121% YOY and 70% QoQ illumin Self-Serve Revenue up 100% QoQ (All monetary figures are expressed in Canadian dollars unless otherwise stated) TORONTO and NEW YORK, March 09, 2023 (GLOBE NEWSWIRE) — AcuityAds Holdings Inc. (TSX:AT) (NASDAQ:ATY) (“AcuityAds” or “Company”), a Journey Advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 HighlightsTotal fourth quarter revenue reached a record $40.0 million, up 38.2% sequentially and 8.7% year over year, reflecting the benefits of our strategic investments in sales, marketing, and product development. illumin...

Reports progress towards global supply chain development Ended the fourth quarter of 2022 with cash, cash equivalents and marketable securities of $102.9 million Management to host conference call and webcast Thursday, March 9, 2023 at 8:30 AM ET NEVE ILAN, Israel, March 09, 2023 (GLOBE NEWSWIRE) —  NANO-X IMAGING LTD (NASDAQ: NNOX) (“Nanox” or the “Company”), an innovative medical imaging technology company, today announced results for the fourth quarter ended December 31, 2022 and provided a business update. Fourth Quarter 2022 Highlights and Recent Developments:  ● Generated $2.1 million in revenue in the fourth quarter of 2022 compared to $2.4 million in the third quarter of 2022, $2.2 million in the second quarter of 2022 and $1.8 million in the first quarter of 2022 and total of $8.6 million in revenue in 2022.       ● Initially...