SeaChange Reports Fiscal Q4 and Full Year 2023 Financial and Operational Results

Written by Customer Service on April 5, 2023. Posted in Earnings Releases And Operating Results.

Quarterly revenue increased 23% sequentially and 19% year-over-year to $10.2 million, representing the highest quarterly level in three years Quarterly gross margin expanded to 73%, also marking highest level in three years Generated $1.7 million in GAAP net income and $1.7 million in adjusted earnings before interest taxes depreciation and amortization “Adjusted EBITDA” for fiscal fourth quarter 2023 Total revenue for fiscal 2023 increased 19% year-over-year to $32.5 million, primarily driven by software development projects related to streaming and ConnectedTV license sales BOSTON, April 05, 2023 (GLOBE NEWSWIRE) — SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (“FAST”)...

Decisive Dividend Corporation Announces Acquisition of Three Businesses and Concurrent Bought Deal Equity Financing

Written by Customer Service on April 5, 2023. Posted in Public Companies.

KELOWNA, British Columbia, April 05, 2023 (GLOBE NEWSWIRE) — Decisive Dividend Corporation (TSX-V: DE) (the “Corporation” or “Decisive”) is pleased to announce the acquisition (the “Acquisitions”) of three businesses for $17.2 million in aggregate proceeds. The Corporation has acquired, from arm’s length parties, four legal entities as follows: Capital I Industries Inc. and its sister company, Irving Machine Inc. (together, “Capital I”), Micon Industries Ltd. (“Micon”) and Procore International Radiators Ltd. (“Procore”, and collectively with Capital I and Micon, the “Acquired Companies”). The Acquired Companies manufacture and sell a range of products that support non-cyclical road maintenance and construction customers, as well as heavy equipment maintenance customers across multiple industries and geographies. Decisive is also...

Mohawk Industries, Inc. Invites You to Join the First Quarter 2023 Earnings Conference Call

Written by Customer Service on April 5, 2023. Posted in Public Companies.

CALHOUN, Ga., April 05, 2023 (GLOBE NEWSWIRE) — In conjunction with Mohawk Industries, Inc. (NYSE: MHK) First Quarter 2023 earnings release on Thursday April 27, 2023, you are invited to listen to the conference call that will be broadcast live on Friday April 28, 2023, at 11:00 am ET. What: Mohawk Industries, Inc. 1st Quarter 2023 Earnings Call When: April 28, 2023 11:00 am ET Where: www.mohawkind.com Select Investor Information How: Live over the Internet – Simply log on to the web at the address above or Register for the conference call at https://dpregister.com/sreg/10177490/f8f85704c6 Live Conference Call: Dial 1-833-630-1962 (US/Canada) Dial 1-412-317-1843 (Int’l) Mohawk Industries is the leading global flooring manufacturer that creates...

Tattooed Chef Receives Non-Compliance Notice from The Nasdaq Stock Market

Written by Customer Service on April 5, 2023. Posted in Public Companies.

PARAMOUNT, Calif., April 05, 2023 (GLOBE NEWSWIRE) — Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant-based foods, announced today that it received a letter (the “Notification Letter”) on March 31, 2023 from The Nasdaq Stock Market, LLC (“Nasdaq”) informing the Company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (“SEC”), due to the Company’s failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Form 10-K”). The notification letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market. The Company filed a Notification of Late Filing on...

City of West Sacramento Modernizes Traffic Management With Actelis’ Hybrid Fiber-Copper Solutions

Written by Customer Service on April 5, 2023. Posted in Public Companies.

The City Utilizes Actelis’ New 10 Gbps Hybrid Switches alongside Cobalt Advanced Traffic Controllers By Econolite, Actelis’ Business Partner FREMONT, Calif., April 05, 2023 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for wide area IoT applications, today announced that the city of West Sacramento, CA, will be deploying Actelis’ new Hybrid Fiber-Copper, high-switching capacity devices as part of a major traffic signal network upgrade. Actelis partnered with Econolite, a leading provider of traffic management systems for this project. West Sacramento, located just across the river from the state capital of California, has experienced a tremendous population growth of 68% since 2000 – increasing the need for better traffic...

Ethan Allen Announces Earnings Release Date for its Fiscal 2023 Third Quarter Results

Written by Customer Service on April 5, 2023. Posted in Earnings Releases And Operating Results.

DANBURY, CT, April 05, 2023 (GLOBE NEWSWIRE) — Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today announced that it will release its financial and operating results for the fiscal 2023 third quarter ended March 31, 2023, after the market closes on Wednesday, April 26, 2023. Following the earnings release, the Company will host a conference call with investors and analysts at 5:00 PM (Eastern Time) to discuss these results. The conference call will be webcast live from the Company’s Investor Relations website at https://ir.ethanallen.com. The following information is provided for those who would like to listen to the conference call: U.S. Participants: 877-705-2976 International Participants: 201-689-8798 Meeting Number: 13736909 For those unable to listen live,...

Richardson Electronics Reports 10th Consecutive Quarter of Year-Over-Year Revenue Growth for the Third Quarter Fiscal 2023; Declares Quarterly Cash Dividend

Written by Customer Service on April 5, 2023. Posted in Earnings Releases And Operating Results.

Green Energy Solutions sales increase 103% over Q3 FY22; total net sales increase 27.2% Third Quarter Highlights Net sales of $70.4 million were up 27.2% from last year’s third quarter driven by increases in Power and Microwave Technologies (“PMT”), Green Energy Solutions (“GES”) and Canvys business units. Backlog totaled $175.1 million in the third quarter versus $175.6 million at the end of the third quarter of last fiscal year. Gross margin was 31.8% of net sales for the third quarter of fiscal 2023, the same as in the prior year’s third quarter. Operating income was $7.6 million in the third quarter of fiscal 2023 compared to $3.6 million for the third quarter of fiscal 2022. Income tax expense was $1.7 million for the third quarter of fiscal 2023, or 20.7% versus $0.6 million in the prior year’s third quarter due to the use of federal...

ImmuCell Announces Preliminary, Unaudited Sales Results for Q1 2023

Written by Customer Service on April 5, 2023. Posted in Earnings Releases And Operating Results.

PORTLAND, Maine, April 05, 2023 (GLOBE NEWSWIRE) — ImmuCell Corporation (Nasdaq: ICCC) (“ImmuCell” or the “Company”), a growing animal health company that develops, manufactures and markets scientifically-proven and practical products that improve the health and productivity of dairy and beef cattle, today announced preliminary, unaudited sales results for the first quarter of 2023, which ended March 31, 2023. 2023 2022 ($ Decrease) (% Decrease) During the Three-Month Periods Ended March 31, $3.45 million $6.00 million ($2.55 million) (43%) During the Twelve-Month Periods Ended March 31, $16.01 million $21.14 million ($5.12 million) (24%) Actual sales during the first quarter of 2023 slightly exceeded the previously projected range of $3.2 million to $3.4 million. Sales were significantly below...

Correction: AITX Updates Path to Potential Profitability

Written by Customer Service on April 5, 2023. Posted in Public Companies.

Detroit, Michigan, April 05, 2023 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions today shared recent company changes and updated its path to attainment of potential profitability. AITX and RAD CEO Steve Reinharz recently held a companywide town hall meeting where he announced that the Company had implemented measures to save over $100,000 a month, with the potential to reach total savings of $200,000 a month in the coming months. This is being accomplished through a variety of methods, including the elimination of non-core projects, improving team resources, delaying projects related to RAD 4.0, and reducing expenses and enhancing operational efficiency. As part of the cost-saving plan, the Company has terminated...

Banco Comercial Português, S.A. informs about additional provisions for FX-denominated mortgage loans booked by Bank Millennium, S.A.

Written by Customer Service on April 5, 2023. Posted in Public Companies.

Banco Comercial Português, S.A. informs about additional provisions for FX-denominated mortgage loans booked by Bank Millennium, S.A. Attachment 2023 04 05 Provisões Polónia EN

Day: April 5, 2023

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