Day: March 16, 2023

Tecogen Announces 2022 Results

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

Revenue of $25.0 million for FY 2022 up 2.5% compared to FY 2021 WALTHAM, MA, March 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Tecogen Inc. (OTCQX:TGEN), a leading manufacturer of clean energy products, reported a net loss of $1.4 million for the quarter ended December 31, 2022 and $2.4 million for the full year compared to net income of $0.1 million and $3.7 million, respectively, in 2021. The decrease in net income was due to lower gross profit and increased operating expenses in 2022, and the impact of the PPP loan forgiveness and Employee Retention Credit in 2021. Our gross margin decreased to 44.3% for the year ended December 31, 2022 compared to 47.5% for the same period in 2021. The year-end cash balance was $1.9 million and no debt. Key Takeaways Earnings Per ShareNet income (loss) per share, basic and...

Versaterm Public Safety Strengthens Its Portfolio with the Acquisition of IAPro Solution from CI Technologies

Written by Customer Service on March 16, 2023. Posted in Mergers And Acquisitions.

The acquisition also adds the Public Portal, BlueTeam, EIPro, and MakeNOTE solutions into Versaterm’s ecosystem to enhance agency operational efficiency and community safety OTTAWA, March 16, 2023 (GLOBE NEWSWIRE) — Versaterm Public Safety, a global public safety solutions leader, announced today its acquisition of CI Technologies, a provider of professional standards, internal affairs, wellness, and early intervention software for public safety agencies. The acquisition includes CI Technologies’ complete line of solutions – IAPro NextGen, Public Portal, BlueTeam, EIPro, and MakeNOTE – designed to help agencies uphold professional standards and integrity. Integrating the solutions with Versaterm’s comprehensive public safety ecosystem will further enhance agency operations, increase the efficiency and effectiveness...

Integra Resources Announces Closing of C$35 Million Financing, Including Strategic Investment From Wheaton Precious Metals

Written by Customer Service on March 16, 2023. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, March 16, 2023 (GLOBE NEWSWIRE) — Further to the joint news release of Integra Resources Corp. (“Integra” or the “Company”) (TSX-V: ITR; NYSE American: ITRG) and Millennial Precious Metals Corp. (“Millennial”) (TSX-V: MPM, OTCQB: MLPMF) dated February 27, 2023 announcing Integra’s intention to combine with Millennial (the “Transaction”), the Company announces that it has completed its bought deal private placement of 35,000,000 subscription receipts (the “Subscription Receipts”) at a price of C$0.70 per Subscription Receipt (the “Offering Price”) for gross proceeds of C$24.5 million (the “Brokered Offering”), and a concurrent non-brokered private placement (the “Non-Brokered Offering”) with Wheaton Precious Metals Corp. (“WPM”) of 15,000,000 Subscription Receipts at the Offering Price for gross proceeds...

ThreatLocker enters agreement to acquire assets of HyperQube and appoints Craig Stevenson to Leadership Team

Written by Customer Service on March 16, 2023. Posted in Mergers And Acquisitions.

Danny Jenkins Danny Jenkins, CEO and Co-founder of ThreatLockerCraig Stevenson Craig Stevenson, Director of ThreatLocker OpsORLANDO, Fla., March 16, 2023 (GLOBE NEWSWIRE) — ThreatLocker®, a pioneer in endpoint protection technologies, today announced that it has entered into an agreement to acquire assets of virtualization technology HyperQube, and is appointing Craig Stevenson, former CEO of HyperQube as Director of ThreatLocker Ops. ThreatLocker Ops (Ops) was announced last month at ThreatLocker’s Zero Trust World conference. Ops is a policy-driven system that monitors behaviour patterns of software with the addition of detection and alerts through event logging. “I am incredibly excited for the opportunity to model new cyber threats at scale. My new position at ThreatLocker will create more avenues to assist in the...

Alpha Pro Tech, Ltd. Announces Fourth Quarter and Full Year 2022 Financial Results

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

Net sales for the fourth quarter of 2022 were $12.2 million, down 7.4% compared to $13.2 million for the fourth quarter of 2021 Net sales for the year ended December 31, 2022 decreased 9.7% to $62.0 million, compared to $68.6 million for the year ended December 31, 2021 Net income for the fourth quarter of 2022 was $564,000, or $0.05 per diluted share, compared to $600,000, or $0.05 per diluted share, for the fourth quarter of 2021 Net income for the year ended December 31, 2022 was $3.3 million, or $0.26 per diluted share, compared to $6.8 million, or $0.50 per diluted share, for the year ended December 31, 2021 Cash of $16.3 million and working capital of $50.2 million with no debt, as of December 31, 2022NOGALES, Ariz., March 16, 2023 (GLOBE NEWSWIRE) — Alpha Pro Tech, Ltd. (NYSE American: APT), a leading manufacturer of...

FangDD Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

SHENZHEN, China, March 16, 2023 (GLOBE NEWSWIRE) — Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced its unaudited financial results for the three months and the year ended December 31, 2022. Fourth Quarter 2022 Financial HighlightsRevenue for the three months ended December 31, 2022 decreased by 25.8% to RMB59.9 million (US$8.7 million) from RMB80.7 million for the same period of 2021. Net loss for the three months ended December 31, 2022 decreased by 94.6% to RMB32.7 million (US$4.7 million) from RMB604.1 million for the same period of 2021. Non-GAAP1 net loss was RMB30.1 million (US$4.4 million) for the three months ended December 31, 2022, compared to non-GAAP net loss of RMB591.6 million for the same period of 2021.Full Year 2022 Financial...

Harvard Bioscience to Present at KeyBanc Capital Markets Life Sciences & MedTech Investor Forum on March 21, 2023

Written by Customer Service on March 16, 2023. Posted in Public Companies.

HOLLISTON, Mass., March 16, 2023 (GLOBE NEWSWIRE) — Harvard Bioscience, Inc. (Nasdaq: HBIO) today announced that Chairman and Chief Executive Officer Jim Green will present and host one-on-one meetings with investors at the KeyBanc Capital Markets Life Sciences & MedTech Investor Forum on March 21, 2023. Mr. Green will present on Tuesday, March 21 at 9:45 AM ET. A live webcast of the presentation will be available here. The presentation will also be archived on the Investor Relations section of the Harvard Bioscience website for a limited period of time. Harvard Bioscience will also host virtual one-on-one meetings with investors on Tuesday, March 21, 2023. To register for the presentation or to schedule a one-on-one meeting, please visit www.key.com/lsmt. About Harvard Bioscience Harvard Bioscience, Inc. is a leading developer,...

Blink Charging Announces Contract with United States Postal Service to Provide EV Charging Stations and Network Services for Growing EV Fleet

Written by Customer Service on March 16, 2023. Posted in Public Companies.

Following a competitive solicitation process, Blink was awarded a contract to provide the US Postal Service Electric Vehicle Supply Equipment. Miami Beach, Fla., March 16, 2023 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, announced it was awarded an IDIQ contract by the United States Postal Service (USPS) to sell up to 41,500 EV charging units to support EV charging infrastructure for the USPS as part of its vehicle electrification strategy. “We are honored to be selected by the US Postal Service to provide our reliable and advanced EV charging stations and ancillary network services for their growing fleet of electric vehicles and we applaud their efforts to modernize and make the move...

Nayax’s EV Meter to Launch Electric Vehicle Charging Solution in North America

Written by Customer Service on March 16, 2023. Posted in Public Companies.

EV Meter Offers the only End-to-End Charging Solutions with Embedded Payments HERZLIYA, Israel, March 16, 2023 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq; TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business, today announced that EV Meter, an innovative electric vehicle charging business, powered by Nayax, will be launching their charging solutions in North America at the EV Charging Summit & Expo, taking place in Las Vegas at the Mirage Hotel this month. Mr. Shane Prebenda, Director of Sales & Strategy, is leading EV Meter’s product introduction in North America. With over a decade of experience in digitalizing entire industries, Shane is excited to leverage his deep technical expertise and strategic vision to propagate a greener future for businesses, municipalities...

TEN Ltd. Reports Record Profits for Fourth Quarter and Year-End 2022 and Declares Annual Dividend of $0.60 Per Common Share

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

Year revenues at $860 million and record profits of $204.2 million (EPS at $6.02 for 2022) 240% increase in annual EBITDA 140% increase in common stock dividend Dynamic fleet renewal – Boosts sale & purchase activity Strong market fundamentals remain – Over $1.2 billion in minimum contracted revenue ATHENS, Greece, March 16, 2023 (GLOBE NEWSWIRE) — TEN, Ltd. (TEN) (NYSE: TNP) (the “Company”) reports results (unaudited) for the fourth quarter and the year ended December 31, 2022. FINANCIAL RESULTS FOR THE YEAR 2022Positive market fundamentals and the ongoing geopolitical events have maintained a strong market throughout 2022 and have resulted in TEN’s fleet generating $860 million of voyage revenues or $314 million higher than in 2021. With total expenses at just 4% higher from the 2021 level, the resulting operating...

Day: March 16, 2023

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