Month: March 2023

Evelo Biosciences Announces Fourth Quarter and Full Year 2022 Financial Results and Business Highlights

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

CAMBRIDGE, Mass., March 16, 2023 (GLOBE NEWSWIRE) — Evelo Biosciences, Inc. (Nasdaq: EVLO), (“Evelo” or the “Company”) a clinical stage biotechnology company developing a novel platform of orally delivered inflammation-resolving medicines acting on the small intestinal axis, SINTAX, today reported financial results and business highlights for the fourth quarter and full year 2022. “We continued to progress on our SINTAX platform and our clinical pipeline in 2022. We look forward to important clinical milestones in 2023. On mechanism of action, we have shown that the action of SINTAX medicines in the small intestine generates systemically circulating regulatory T cells. These T cells have the potential to induce durable resolution of inflammation throughout the body, as observed in Part B of the EDP1815 Phase 2 study in psoriasis...

MediWound Reports Fourth Quarter and Full Year 2022 Financial Results and Company Update

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

2022 total revenues of $26.5 million FDA approval of NexoBrid® in December 2022; U.S. commercial availability expected in the second quarter of 2023 EscharEx® Phase III protocol design is under review by the FDA; study to be initiated in the second half of 2023 Cash position of $66 million, including cash received for the NexoBrid approval milestone and recent equity financing Conference call begins today at 8:30 a.m. Eastern Time YAVNE, Israel, March 16, 2023 (GLOBE NEWSWIRE) — MediWound Ltd. (NASDAQ: MDWD), a fully integrated biopharmaceutical company focused on next-generation biotherapeutic solutions for tissue repair and regeneration, today announced financial results for the fourth quarter and the year ended December 31, 2022 and provided a corporate update. “The year 2022 was truly transformative for MediWound on...

Liquidia Corporation Reports Full Year 2022 Financial Results and Provides Corporate Update

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

Clarified path to potential launch YUTREPIA upon resolution of litigation in late-2023 to mid-2024 Fortified financial position through 2024 Company to host webcast today at 8:30 a.m. ETMORRISVILLE, N.C., March 16, 2023 (GLOBE NEWSWIRE) — Liquidia Corporation (NASDAQ: LQDA) (“Liquidia” or the “Company”) today reported financial results for the full year ended December 31, 2022. The Company will host a webcast at 8:30 a.m. ET to discuss the 2022 financial results and provide a corporate update. Roger Jeffs, Liquidia’s Chief Executive Officer, said: “We made notable strides toward unlocking the full potential of Liquidia in 2022. Our legal and patent wins were major achievements, clarifying the path to legal resolution. If approved, YUTREPIA will provide patients with pulmonary arterial hypertension (PAH) and pulmonary hypertension...

The Honest Company Reports Fourth Quarter and Full Year 2022 Financial Results

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

Delivers Fourth Quarter Revenue to Achieve Full Year 2022 Revenue Outlook LOS ANGELES, March 16, 2023 (GLOBE NEWSWIRE) — The Honest Company (NASDAQ: HNST), a digitally-native consumer products company born in the Gen Z era to make purpose-driven consumer products designed for all people, today reported fourth quarter and full year 2022 financial results for the year ended December 31, 2022. “Honest’s mission to provide purpose-driven and purpose-designed products that reflect an ever-diversifying set of consumers is as meaningful today as when it was launched 11 years ago. Since joining Honest, just over two months ago, I’ve been impressed with the quality of the products, the strength of the brand, and the commitment of our teams and partners,” said Chief Executive Officer, Carla Vernón. “Honest is a brand with a demonstrated...

Lands’ End Announces Fourth Quarter and Full Year Fiscal 2022 Results

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

DODGEVILLE, Wis., March 16, 2023 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the fourth quarter and full year of the fiscal year ended January 27, 2023 compared to the fourth quarter and full year of the fiscal year ended January 28, 2022. The Company also provided the first quarter and full year fiscal 2023 outlook. Andrew McLean, Chief Executive Officer, stated, “We executed well throughout the fourth quarter to deliver sequential sales and margin improvement in each month of the quarter, resulting in revenue and adjusted EBITDA at the higher end of our expectations. We are pleased to see this momentum continue in the first quarter, particularly in our core swim category.” McLean, continued, “Looking ahead in 2023 and beyond, we plan to continue to focus on providing high-quality products...

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

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

– 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...

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

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

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...

Interim report Q1 2022/23

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

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...

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

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

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

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

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,...

Month: March 2023

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