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Day: April 12, 2023

STRATA Skin Sciences Pre-Announces First Quarter 2023 Results

Preliminary revenue to be within the range of $7.3 – $7.8 million and expected to be the strongest first-quarter results since first quarter of 2016 Company exceeds plan with 44 TheraClear®X placements in the first quarterHORSHAM, Pa., April 12, 2023 (GLOBE NEWSWIRE) — STRATA Skin Sciences, Inc. (NASDAQ: SSKN), a medical technology company dedicated to developing, commercializing, and marketing innovative products for the treatment of dermatologic conditions, today announced preliminary revenue for the first quarter of 2023 in the range of $7.3 – $7.8 million and is expected to be the strongest first-quarter results since the first quarter of 2016. “We are off to a tremendous start in 2023, with 44 devices placed in the first quarter and over 3,000 TheraClear®X treatments sold since our official launch in January...

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Metaverse Market Size to Surpass USD 1527.55 Billion by 2029, exhibiting a CAGR of 47.6%

According to Fortune Business Insights, the global metaverse market size is projected to reach USD 1527.55 billion in 2029, at a CAGR of 47.6% during the forecast period Pune, India, April 12, 2023 (GLOBE NEWSWIRE) — The global metaverse market size was valued at USD 63.83 billion in 2021. The market is estimated to expand from USD 100.27 billion in 2022 to USD 1527.55 billion in 2029, exhibiting a CAGR of 47.6% over the forecast period. The rising penetration of online shopping and gaming will have a notable influence on the business outlook. Fortune Business Insights™ provides this information in its research report, titled “Metaverse Market Forecast, 2023-2029”.Request a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/metaverse-market-106574Key Industry Development: Niantic, Inc.,...

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Digital Audio Workstation Market Size Expected to Reach USD 4.95 Billion, With 9.0% CAGR by 2029

As per the report by Fortune Business Insights, the global Digital Audio Workstation Market Size is projected to reach USD 4.95 billion in 2029, at a CAGR of 9.0% during the forecast period, 2022-2029 Pune,India, April 12, 2023 (GLOBE NEWSWIRE) — The global Digital Audio Workstation Market Size was valued at USD 2.49 billion in 2021. The market is projected to grow from USD 2.70 billion in 2022 to USD 4.95 billion by 2029, exhibiting a CAGR of 9.0% during the forecast period. This information is provided by Fortune Business Insights, in its report, titled, “Digital Audio Workstation Market Forecast, 2023-2029.” Key Industry Development- Social music creation platform BandLab has unveiled SongStarter in partnership with Google. It is an artificial intelligence refined tool that generates melodies, unique beats, and chord progressions...

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Meningitis Diagnostic Testing Market Size [2023-2030] | Industry Size, Share, Growth, Trends & Forecast Analysis

Meningitis Diagnostic Testing Market Size, Share and Global Trend By Test Type (Latex Agglutination Test, PCR Assay, Lateral Flow Assay Test, Others), By Causative Agents (Bacteria, Virus, Fungi, Others), By End User (Hospitals, Diagnostic Centres, Academic and Research Institutes) and Geography Forecast till 2030 Pune, India, April 12, 2023 (GLOBE NEWSWIRE) — The World Health Organization (WHO) has underscored HIV as one of the major causes of meningitis. As per a study conducted in 2017, approximately 36.7 million people around the world were affected by HIV. High incidence of such infectious diseases is projected to bolster the global meningitis diagnostic testing market sales in the coming years. According to Fortune Business Insights, in an upcoming report, titled, “Meningitis Diagnostic Testing Market Size, Share and Global...

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Theratechnologies Reports Financial Results and Business Updates for First Quarter 2023

Q1 2023 Consolidated Revenue Grew 7%, Supported by 9% Growth in EGRIFTA SV®Revenue and 5% Growth in Trogarzo®RevenueRevised Sudocetaxel Zendusortide (TH1902) Phase 1 Trial Protocol Expected to be Filed by End of AprilFY2023 Revenue Guidance Range Confirmed Between $90 million and $95 million; Growth of the Commercial Portfolio in the Range of 13% and 19%MONTREAL, April 12, 2023 (GLOBE NEWSWIRE) — Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today reported business highlights and financial results for the first quarter of fiscal year 2023 ended February 28, 2023 (Q1 2023). All figures are in US dollars unless otherwise stated. “The first quarter of 2023, which for us commenced...

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Landstar To Release First Quarter Results On Wednesday, April 26, 2023

JACKSONVILLE, Fla., April 12, 2023 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2023 first quarter results after the market closes on Wednesday, April 26, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, April 27, 2023 at 8:00 a.m. ET to discuss the first quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on “Webcasts”; and then “Landstar’s First Quarter 2023 Earnings Release Conference Call.” For those unable to participate in the live call, or for those who do not have access to the Internet, the call...

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Colliers acquires New Zealand’s leading project manager

Adds scale and strengthens capabilities in region TORONTO and AUCKLAND, New Zealand, April 12, 2023 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company Colliers (NASDAQ, TSX: CIGI) announced today it has acquired a controlling interest in Greenstone Group Ltd. (“Greenstone”), a leading project management and property advisory firm in New Zealand. The Greenstone senior leadership team will remain significant shareholders of the business under Colliers’ unique partnership model. The business will rebrand as “Colliers Project Leaders” and integrate into Colliers’ market-leading New Zealand operations. Terms of the transaction were not disclosed. Founded in 2000, Greenstone offers project management and property advisory services to a diverse range of end-markets including commercial and residential...

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CorVel Launches Pharmacy Technician Certification (CPhT) Test Preparation Program

Expanded Training Requirements Sets New Industry Standard for Quality Pharmacy Management FORT WORTH, Texas, April 12, 2023 (GLOBE NEWSWIRE) — CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, has developed a pharmacy technician certification (CPhT) test preparation program to expand the availability of pharmacy training and increase team certifications. CorVel requires all employees participating in pharmacy benefit management to be trained and certified as pharmacy technicians, setting a new standard of knowledge in workers’ compensation. The initiative began during the pandemic when access to the usual education channels changed. CorVel developed an internal test preparation program for team members meeting the 50 hours of pharmacy experience required to obtain their pharmacy tech certification....

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Credicorp Ltd.: Credicorp to host hybrid Investor Day on June 20 in New York

Lima, April 12, 2023 (GLOBE NEWSWIRE) — Lima, PERU, April 12, 2023 — Credicorp (NYSE: BAP), today announced that it will host a hybrid Investor Day on Tuesday, June 20, 2023, in New York City. Credicorp management team members participating in the event will discuss how the Group is powering sustainable growth through its consistent focus on innovation, talent and sustainability. The event will begin at 8:30 am ET with breakfast, followed by presentations starting at 9:00 am and concluding by 12:00 pm. The Investor Day is open to the investment community and pre-registration is required by Monday, June 12, 2023. To pre-register for the event, please visit www.credicorpday.com. Confirmation and additional event details will be provided to registered attendees. An archived replay of the webcast, as well as a copy of the slide...

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Goodfood Reports Second Quarter Results with Positive Net Income and $3 Million Adjusted EBITDA¹ Driven by Successful Turnaround Execution

Net sales were $42 million in the second quarter, a 43% reduction compared to the same quarter last year, driven by our focus on higher value customers leading to better unit economics Record quarterly gross margin of 40.7%, an improvement of 16.7% compared to the same period last year Net income for the quarter was $0.1 million, a $21 million improvement compared to the same period in 2022 Positive adjusted EBITDA margin1 of 7.2% for an adjusted EBITDA1 of $3 million this quarter, a $17 million improvement compared to a loss of $14 million in the same quarter of the prior year Adjusted free cash flow1 use of $2 million for the second quarter, a $25 million improvement for the same period last year Confirming expectation of positive Adjusted EBITDA1 in the third quarter of Fiscal 2023, on the back of improved cost structure as a result...

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