Meritage Reports First Quarter 2023 Results; Strong Sales Growth Ahead

Written by Customer Service on April 14, 2023. Posted in Earnings Releases And Operating Results.

GRAND RAPIDS, Michigan, April 14, 2023 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the first quarter ended April 2, 2023. First Quarter Highlights Sales increased 8.7% to $157.7 million compared to $145.1 million for the same period last year. Earnings from Operations were $0.9 million compared to $2.5 million for the same period last year. Net Earnings (Loss) were $(1.5) million compared to $2.0 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) was $5.4 million compared to $8.4 million for the same period last year. The Company entered into a definitive agreement to acquire 25 Wendy’s restaurants, scheduled to close in the second quarter, subject to standard due diligence. “Our sales increased...

Update — Kite Realty Group Trust to Report First Quarter 2023 Financial Results on May 1, 2023

Written by Customer Service on April 14, 2023. Posted in Earnings Releases And Operating Results.

INDIANAPOLIS, April 14, 2023 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ending March 31, 2023, after the market closes on Monday, May 1, 2023. KRG will conduct a conference call to discuss its financial results on Tuesday, May 2, 2023 at 1:00 p.m. Eastern Time. KRG Q1 2023 Earnings Conference Call Dial-In Registration: KRG First Quarter 2023 Teleconference Registration Webcast Link: First Quarter 2023 Webcast A live webcast of the conference call will also be available at kiterealty.com. A replay of the call will remain available on the corporate website. About Kite Realty Group Trust Kite Realty Group Trust (NYSE: KRG) is a real estate investment trust (REIT) headquartered in Indianapolis, IN that is one of the largest publicly traded owners and...

Aerojet Rocketdyne Awarded $215.6M to Supplement Ongoing Modernization Efforts and Increase Solid Rocket Motor Manufacturing Capacity

Written by Customer Service on April 14, 2023. Posted in Public Companies.

HUNTSVILLE, Ala., April 14, 2023 (GLOBE NEWSWIRE) — Aerojet Rocketdyne has entered into a $215.6 million Cooperative Agreement with the Defense Department to increase domestic rocket propulsion manufacturing capacity to meet increased warfighter demand for tactical missile systems used by the Department of Defense (DoD). Through the Cooperative Agreement with the Office of Manufacturing Capability Expansion and Investment Prioritization (MCEIP), Aerojet Rocketdyne will build additional modernized facilities, purchase advanced equipment, and automate manufacturing processes to support increased production demand primarily focused on Javelin, Stinger and the Guided Multiple Launch Rocket System (GMLRS). Enhanced modernization of solid rocket motor production will directly support industry primes and military services. The company...

Amcomri Reports Fourth Quarter and Full Year 2022 Results

Written by Customer Service on April 14, 2023. Posted in Earnings Releases And Operating Results.

Amcomri added 2,400 hours of TV and 1,400 films to content library in 2022 VANCOUVER, British Columbia, April 14, 2023 (GLOBE NEWSWIRE) — Amcomri Entertainment Inc. (“Amcomri” or the “Company”) (NEO: AMEN) (OTC: AMNNF) (Frankfurt: 25YO), a global producer and distributor of independent movies, TV series and documentaries, announced today financial results for the fourth quarter and year ended December 31, 2022. All dollar amounts are in Canadian dollars unless otherwise stated. Highlights Adjusted EBITDA1 for the year was $5,089,594 despite a loss of $147,561 in the fourth quarter; Television and documentary (Abacus Media Rights Limited) revenue increased 41% in 2022; Revenue for the quarter decreased 40% to $1,799,538 compared to Q4 2021, resulting in revenue of $13,889,501 for the year, which was flat compared to the prior year; Movie...

Putting people at the heart of hybrid work: Zoom to acquire Workvivo to bolster the employee experience offering

Written by Customer Service on April 14, 2023. Posted in Mergers And Acquisitions.

The employee communication and engagement platform will give Zoom customers new ways to keep employees informed, engaged, and connected in today’s hybrid work model Zoom and Workvivo Zoom announces intent to acquire Workvivo Workvivo UI Workvivo is an employee experience platform designed to inform, engage and connect employees everywhere. SAN JOSE, Calif., April 14, 2023 (GLOBE NEWSWIRE) — Behind work are workers. Real everyday people. People who work to live, not live to work. People who need a sense of belonging. It’s a simple concept that often gets forgotten as priorities and demands take over the workday. With workforces looking much different than they did just a few years ago, leaders need to think differently to retain talent and maintain company culture. Today’s workforce is hybrid and distributed – with people working...

Banxa Reports Audited Full Year 2022 Results

Written by Customer Service on April 14, 2023. Posted in Earnings Releases And Operating Results.

KEY FINANCIAL HIGHLIGHTS FY22 107% growth in Total Transaction Volume (TTV) to $AUD1.425 Billion ($USD964 Million), up $AUD737 Million ($USD497 Million) 56% growth in Revenue to $AUD71.6 Million ($USD48.3 Million), up $AUD25.6 Million ($USD17.3 Million) 24% growth in Gross Profit to $AUD20.8 Million ($USD$14 Million), up $AUD4 Million ($USD2.7 Million) Total comprehensive loss of $AUD16.6 Million ($USD11.5 Million), due to significant investment into expansion plans TORONTO, April 14, 2023 (GLOBE NEWSWIRE) — Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) (“Banxa” or the “Company”), the leading on-and-off ramp solution for Web3, announces today its full audited financial reports for Australian fiscal year ending June 30th 2022. The full results including Management Discussion & Analysis...

STEP Energy Services Ltd. to Announce First Quarter 2023 Results and Host Conference Call

Written by Customer Service on April 14, 2023. Posted in Public Companies.

CALGARY, Alberta, April 14, 2023 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (“STEP”) intends to release its 2023 first quarter results on Wednesday, May 10, 2023 after markets close. Financial Statements and Management’s Discussion and Analysis will be posted to STEP’s website and SEDAR after the press release is disseminated. STEP will host a conference call on Thursday, May 11, 2023 at 9:00 a.m. MT. To listen to the webcast of the conference call, please click on the following: https://viavid.webcasts.com/starthere.jsp?ei=1606160&tp_key=00bd569906 You can also visit the Investors section of our website at www.stepenergyservices.com and click on “Reports, Presentations & Key Dates”. To participate in the Q&A session, please call the conference call operator at: 1-888-886-7786 (toll free) 15 minutes prior...

Avid Brings Cost-efficient Nearline Storage to Avid | Edit On Demand

Written by Customer Service on April 14, 2023. Posted in Public Companies.

Avid NEXIS | Cloud Nearline Storage now available to ease data storage costs for content creation teams Avid NEXIS | Cloud Nearline Storage Avid NEXIS | Cloud Nearline Storage now available to ease data storage costs for content creation teams BURLINGTON, Mass., April 14, 2023 (GLOBE NEWSWIRE) — Avid® (Nasdaq: AVID) today announced the availability of Avid NEXIS | Cloud Nearline Storage for Avid | Edit On Demand, bringing highly cost-efficient nearline storage to cloud-based content creation workflows. Production teams relying on the Avid | Edit On Demand editorial-in-the-cloud SaaS solution can now easily store and access growing libraries of shared content at a fraction of the per-terabyte cost of online storage. With the addition of Avid NEXIS | Cloud Nearline Storage, content creation teams can flexibly access online...

Avid Introduces New Avid | Stream IO Software-based Media Ingest & Playout Platform to Deliver Next-Generation News and Sports Production

Written by Customer Service on April 14, 2023. Posted in Public Companies.

Tech preview to be featured at the upcoming NAB Show, demonstrating the scalable software solution for fast-turnaround workflows, with support for emerging formats and deployment models Avid Stream IO solution Debuting at NAB Show in a tech preview, Avid’s Stream IO solution. BURLINGTON, Mass., April 14, 2023 (GLOBE NEWSWIRE) — Avid® (Nasdaq: AVID) is today announcing the tech preview demo at NAB Show of Avid | Stream IO™, a new flexible software-based platform for production ingest and playout delivered through the convenience of subscription. With a flexible architecture that can be configured to ingest or play out IP streams and SDI streams, Avid | Stream IO allows content producers to migrate from legacy workflows and on-premises deployment to cloud and IP workflows at their own pace. The solution also offers...

Weekly Report (April 7- 13, 2023) on the First Tranche of Stellantis Share Buyback Program

Written by Customer Service on April 14, 2023. Posted in Public Companies.

Weekly Report (April 7– 13, 2023) on the First Tranche of Stellantis Share Buyback Program AMSTERDAM, April 14, 2023 – Stellantis N.V. (“Stellantis” or the “Company”) announced today that pursuant to its First Tranche of the Share Buyback Program announced on March 16, 2023, covering up to €500 million to be executed in the open market during the period between March 17, 2023 and June 19, 2023, it has repurchased the following common shares in the period between April 7 up to and including April 13, 2023: Date Number of Shares Repurchased Average Market Purchase Price in € per share Repurchased Volume in € (excluding fees) Venues 11.04.2023 155 000 € 16,6411 € 2 579 371 MILE 12.04.2023 225 000 € 16,9042 € 3 803 445 MILE 13.04.2023 225 000 € 16,8470 € 3 790 575 MILE Total 605 000 € 16,8155 € 10 173 391 Since March...

Day: April 14, 2023

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