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Month: April 2023

Brown & Brown, Inc. announces the appointment of Robert Mathis as chief legal officer

DAYTONA BEACH, Fla., April 10, 2023 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) has announced the appointment of Robert Mathis as chief legal officer for Brown & Brown. Mathis will also serve on the senior leadership team. Powell Brown, president and chief executive officer, remarked, “I am very pleased to announce the appointment of Robert as our chief legal officer and a member of our senior leadership team. Brown & Brown was built on a foundation deeply rooted in honesty and integrity, and Robert’s more than 30 years as a legal professional well positions him to continue upholding the high standards of business ethics that we have throughout our Company.” Before joining Brown & Brown, Robert served as a senior vice president for KBR, Inc., where he had direct responsibility in the global...

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Vital Energy Provides Select Preliminary First-Quarter 2023 Results and Increases Expectations for Full-Year 2023 Production

First-quarter 2023 production exceeds high-end of guidance Capital investments for first-quarter 2023 below guidance expectations Company provides first-quarter 2023 earnings and conference call details TULSA, OK, April 10, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today provided an update on first-quarter 2023 expected average production and incurred capital investments. As a result of strong performance in the first quarter and closing of the Driftwood Energy Operation, LLC (“Driftwood”) acquisition, Vital Energy updated its expectations for full-year 2023 production. The Company also scheduled its first-quarter 2023 earnings release and conference call with details provided within this release. First-Quarter 2023 Preliminary Production and Capital...

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Comstock Advances Asset and Facility Sales for $27 Million

VIRGINIA CITY, Nev., April 10, 2023 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) On March 7, 2023, the Company announced that its 88.21% owned LINICO Corporation (“LINICO”) subsidiary entered into amended and restated agreements to sell certain assets for $27.0 million, including the Battery Recycling Facility located in the Tahoe Reno Industrial Center (the “Facility”) to American Battery Technology Company, a Nevada corporation (“ABTC”). Pursuant to the terms of the LINICO agreements, $1.5 million of the purchase price will be held in escrow for up to 18 months for the settlement of any potential buyer indemnification claims. On March 31, 2023, the parties amended the Facility purchase agreement, and on April 6, 2023, the parties amended and restated the Facility purchase agreement (the “Amended...

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ScottsMiracle-Gro Provides Update on Fiscal 2023 Second Quarter; Announces Nate Baxter Joining Executive Team

MARYSVILLE, Ohio, April 10, 2023 (GLOBE NEWSWIRE) — The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced that it anticipates achieving a net leverage ratio comfortably below the credit facility covenant of 6.5 times for its fiscal 2023 second quarter. The Company expects final Q2 net leverage in the range of 6.0, reflecting the disciplined approach to cost control, focus on improved efficiencies and initiatives to engage consumers early in the lawn and garden season are contributing to improvements in its overall financial position. The Company will announce full second-quarter results on Wednesday, May 3, 2023, when it will hold its quarterly earnings call. “I’m proud of what we’ve accomplished this fiscal...

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Unrivaled Brands Reports Fourth Quarter and Full Year 2022 Financial Results

Company Reports Net Income and Positive EBITDA in Q4 2022 SANTA ANA, Calif., April 10, 2023 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled” or the “Company”), a cannabis company with operations throughout California, today reported financial results for the fourth quarter and year ended December 31, 2022. Fourth Quarter 2022 HighlightsUnrivaled posted income from operations of $8.8 million for the quarter ended December 31, 2022 compared to a loss from operations of $13.3 million in the prior year, an increase of $22.1 million.Net income from continuing operations was $3.9 million for the fourth quarter of 2022 versus a net loss of $16.2 million in the same period last year.EBITDA income from continuing operations was $9.7 million for the fourth quarter of 2022 compared to an...

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Himax Technologies, Inc. Schedules First Quarter 2023 Financial Results Conference Call on Thursday, May 11 at 8:00 AM EDT

TAINAN, Taiwan, April 10, 2023 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, May 11 at 8:00 a.m. US Eastern Daylight Time and 8:00 p.m. Taiwan Time to discuss the Company’s first quarter 2023 financial results.HIMAX TECHNOLOGIES FIRST QUARTER 2023 EARNINGS CONFERENCE CALLDATE: Thursday, May 11, 2023TIME: U.S. 8:00 a.m. EDT  Taiwan 8:00 p.m.WEBCAST: https://edge.media-server.com/mmc/p/4co8cyii PHONE REGISTRATION: https://register.vevent.com/register/BI407f9ac3fe284ba4ac5b38a0d1c10c02If you choose to attend by phone, you need to register first to obtain dial-in numbers for the call....

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Passenger to Freighter Market to Hit USD 5.19 Billion by 2029 | With a CAGR 10.84%

Key companies covered in passenger to freighter market are AerCap (Ireland), Aeronautical Engineers, Inc. (U.S.), Airbus SE (Netherlands), Boeing Company (U.S.),Bombardier, Inc. (Canada),Elbe Flugzeugwerke GmbH (Germany),Embraer SA (Brazil),HAECO Group (Hong Kong),Precision Aircraft Solutions (U.S.) and more players profiled. Pune, India, April 10, 2023 (GLOBE NEWSWIRE) — The global passenger to freighter market size was valued at USD 2.14 billion in 2021 and is projected to grow from USD 2.52 billion in 2022 to USD 5.19 billion by 2029, exhibiting a CAGR of 10.84% during the forecast period. This information is presented by Fortune Business Insights, in its report titled, “Passenger to Freighter Market, 2022-2029.” Get a Free Sample Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/passenger-to-freighter-market-107354 List...

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Mainz Biomed Provides Full Year 2022 Financial Results

ColoAlert Revenue Increases 130% Year over Year Year End Cash Balance of $17.1 Million BERKELEY, Calif. and MAINZ, Germany, April 10, 2023 (GLOBE NEWSWIRE) — Mainz Biomed N.V. (NASDAQ:MYNZ) (“Mainz Biomed” or the “Company”), a molecular genetics diagnostic company specializing in the early detection of cancer, announced today financial results for the fiscal year ended December 31, 2022. “Throughout the year we operated in a position of financial strength enabling us to achieve meaningful growth across commercial, operational and product development fronts,” commented Guido Baechler, Chief Executive Officer of Mainz Biomed. “Heading into fiscal 2023, we have a defined set of priorities intended to facilitate our goal of becoming the leading developer of premier cancer-focused early detection and disease prevention molecular diagnostics.” Key...

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Baked Savory Snacks Market to Hit USD 75.83 Billion by 2029 | At a CAGR of 6.37%

Key companies covered in baked savory snacks market are General Mills Inc. (U.S.), Kellogg’s Company (U.S.), Orkla ASA (Norway), Consolidated Biscuit Co. Ltd (Malta), Europe Snacks (France), PepsiCo, Inc. (U.S.), Chaucer Foods Ltd. (U.K.), Lorenz Bahlsen Snack-World GmbH & Co KG Germany (Germany), Hain Celestial (U.S.), Amplify Snack Brands Inc (U.S.) Pune, India, April 10, 2023 (GLOBE NEWSWIRE) — The global baked savory snacks market size was worth USD 46.50 billion in 2021. The market valuation is slated to rise from USD 49.23 billion in 2022 to USD 75.83 billion by 2029 at a CAGR of 6.37% during the forecast period. Salty and flavorful nibbles make up baked savory snacks. It contains variations of popcorn, nuts, and seeds, as well as chips and crisps. These baked goods are regarded as healthful as they use less butter...

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Gaming Market Size to Reach $545.98 Billion by 2028 | At 13.20% CAGR

Companies covered in gaming market are Microsoft Corporation (Washington, U.S.), Nintendo Co., Ltd. (Kyoto, Japan), Rovio Entertainment Corporation (Espoo, Finland), Nvidia Corporation (California, U.S.), Valve Corporation (Washington, U.S.), PlayJam Ltd. (London, U.K.), Electronic Arts Inc. (California, U.S.), Sony Group Corporation (Tokyo, Japan), Bandai Namco Holdings Inc. (Tokyo, Japan), Activision Blizzard, Inc. (California, U.S.), and more players profiled. Pune, India, April 10, 2023 (GLOBE NEWSWIRE) — The global gaming market size was valued at USD 203.12 billion in 2020. The market is projected to grow from USD 229.16 billion in 2021 to USD 545.98 billion by 2028, exhibiting a CAGR of 13.20% during the forecast period. The impact of COVID-19 on the world has been unprecedented and overwhelming, and the sector has experienced...

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