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Day: March 16, 2023

Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2023

– Revenue for Fiscal 2023 Increased 29.1% to $2.2 billion – – Record Fiscal 2023 GAAP EPS of $4.49 and Adjusted EPS of $4.52, an increase of 53.8% and 51.7%, respectively – WEST FARGO, N.D., March 16, 2023 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal fourth quarter and full year ended January 31, 2023. David Meyer, Titan Machinery’s Chairman and Chief Executive Officer, stated, “Fiscal 2023 was a record year for us, driven by strong execution and our continued commitment to outstanding customer service. We generated sales of $2.2 billion and record adjusted earnings per share of $4.52, reflecting solid organic growth and operating leverage that was further supported...

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Xunlei Announces Unaudited Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2022

SHENZHEN, China, March 16, 2023 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights:Total revenues were US$97.0 million, representing an increase of 9.8% from the previous quarter. Cloud computing revenues were US$31.9 million, representing an increase of 9.7% from the previous quarter. Subscription revenues were US$24.9 million, representing a decrease of 0.2% from the previous quarter. Live streaming and other internet value-added services (“Live streaming and other IVAS”) revenues were US$40.2 million, representing an increase of 17.3% from the previous quarter. Gross...

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Interim report Q1 2022/23

Roblon maintains full-year profit guidance for 2022/23. The Group’s reported revenue for the first quarter of 2022/23 did not match expectations, whereas EBIT was better than expected, driven by an improved gross margin. Selected financial highlights:        The Group’s order intake amounted to DKKm 100.1 in Q1 2022/23 (DKKm 114.8). The order intake is expected to rise in the coming three quarters.At the end of January 2023, the Group’s order book amounted to DKKm 132.5 (DKKm 116.8).Revenue of DKKm 81.3 (DKKm 78.3), which was less than expected.Gross margin of 52.5% (46.6%).Operating profit before depreciation, amortisation and impairment and special items (EBITDA) of DKKm 3.4 (DKKm 1.5).Operating loss before special items (EBIT) of DKKm 3.6 (a loss of DKKm 4.6).Financial items amounted to a net expense of DKKm 1.9 (net...

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LIZHI INC. Reports Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results

GUANGZHOU, China, March 16, 2023 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company” or “We”) (NASDAQ: LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter 2022 Financial and Operational HighlightsNet revenues were RMB587.6 million (US$85.2 million) in the fourth quarter of 2022, representing a 5% increase from RMB560.3 million in the fourth quarter of 2021. Average total mobile MAUs1in the fourth quarter of 2022 was 50.8 million, compared to 54.1 million in the fourth quarter of 2021. Average total monthly paying users2 in the fourth quarter of 2022 was 491.8 thousand, compared to 497.3 thousand in the fourth quarter of 2021.Fiscal Year 2022 Financial and Operational HighlightsNet revenues...

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Small Scale LNG Market is projected to Reach USD 48.15 Billion by 2030 at a CAGR of 6.72% from 2023 to 2030; Rise in Concerns about Sustainable Energy Source to Drive Market

SkyQuest, a well renowned research firm, provides a 360-degree overview of small scale LNG market and its prime growth trajectories. The report focuses on all aspects of growth such as factors driving or repelling growth, significant market trends, and others. The report also discusses the table of segmentation in details and enlists the dominating segments with factors supporting its growth. Initiatives taken by key players operating in this market is also listed which helps competitors and interested candidates to understand the current competition and accordingly act on it for the benefit of their businesses. The key objective of these reports is to help market competitors to create profits and expand their business across multiple geographies. For more information on the small scale LNG market, log on to the company website. Westford,...

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Aspocomp’s Financial Statement Release 2022: Full-year net sales grew by 18% and operating result doubled, growth in net sales halted in Q4

Aspocomp Group Plc, Financial Statement Release, March 16, 2023, at 9:00 a.m. EET FOURTH QUARTER 2022 HIGHLIGHTSNet sales EUR 10.1 (10.8) million, decrease of 6% Operating result EUR 0.7 (1.2) million, 7.3% (11.5%) of net sales Earnings per share EUR -0.02 (0.17) Operative cash flow EUR 0.2 (1.8) million Equity ratio 69.4% (60.8%) Orders received EUR 4.8 (11.5) million, decrease of 58%JANUARY-DECEMBER 2022 HIGHLIGHTSNet sales EUR 39.1 (33.2) million, increase of 18% Operating result EUR 4.5 (2.2) million, 11.5% (6.8%) of net sales Earnings per share EUR 0.52 (0.31) Operative cash flow EUR 3.6 (2.3) million Equity ratio 69.4% (60.8%) Orders received EUR 27.4 (31.3) million, decrease of 13% Order book at the end of the review period EUR 14.3 (16.5) million, decrease of 13%OUTLOOK FOR 2023 Inflation and interest rates, the risk...

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PARROT: 2022 FULL-YEAR EARNINGS

        PRESS RELEASE        March 16, 2023, 8:00am CET 2022 FULL-YEAR EARNINGS 64% growth like-for-like and at constant exchange rates(1) €68.5m of net cash at end-2022 Growth to continue in 2023 The Parrot group, a European leader for professional civil drones, recorded €71.9m of consolidated revenues in 2022, up 32% (+24% at constant exchange rates). Parrot has continued to capitalize on the strategy rolled out at the end of 2018 focused on its hardware and software offering on the market for professional microdrones. Sales of microdrones, primarily the ANAFI for security (ANAFI USA) and inspection (ANAFI Ai), are up 88% to represent 55% of the group’s revenues. The 11 Pix4D software solutions focused on image analysis (photogrammetry) for mapping, inspection, security and precision farming represent 45% of revenues and are up 25%....

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VEON publishes preliminary 4Q22 and FY22 results

VEON publishes preliminary 4Q22 and FY22 results Sale of Russia will lead to a significant reduction in debt Amsterdam, 16 March 2022 07:00 CET: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces selected financial and operating results for the fourth quarter and full year ended 31 December 2022, excluding the results of the Russian operations, as they were classified as ‘held for sale’ and ‘discontinued operations’ in 4Q22: In Q4 2022, VEON’s local currency performance accelerated sharply with total revenues of USD 940 million, -4.9% YoY in reported currency (+18.6% YoY in local currency), service revenues were USD 901 million, -4.4% YoY in reported currency (+19.2% in local currency), and EBITDA was USD 453 million, +1.2% YoY in reported currency...

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Fortuna Reports Results for the Fourth Quarter and Full Year 2022

(All amounts expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the fourth quarter and full year 2022. Fourth Quarter and Full Year 2022 highlights FinancialAdjusted net income1 of $7.2 million or $0.02 per share in Q4 2022, totaling $42.6 million, or $0.15 per share for the full year 2022 Net loss for the quarter of $160.4 million or $0.52 per share after non-cash impairment charges net of tax of $164.5 million in Q4 2022, totaling a net loss of $135.9 million for the full year 2022 Adjusted EBITDA1 of $55.8 million in Q4 2022; totaling $245.5 million for the full year 2022 Free cash flow from ongoing operations1...

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Freshpet, Inc. Prices $350 Million Convertible Senior Notes Offering

SECAUCUS, N.J., March 15, 2023 (GLOBE NEWSWIRE) — Freshpet, Inc. (Nasdaq: FRPT) (“Freshpet” or the “Company”) today announced the pricing of its offering of $350,000,000 aggregate principal amount of 3.00% convertible senior notes due 2028 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The issuance and sale of the notes are scheduled to settle on March 20, 2023, subject to customary closing conditions. Freshpet also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $52,500,000 principal amount of notes. The notes will be senior, unsecured obligations of Freshpet and will accrue interest...

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