Andes Technology Announces the New Product Line, AndesAIRE™, Ultimately Efficient AI/ML Solutions for Edge and End-Point Inference

Written by Customer Service on May 15, 2023. Posted in Public Companies.

Hsinchu, Taiwan , May 15, 2023 (GLOBE NEWSWIRE) — Andes Technology (TWSE:6533), a leading supplier of high-efficiency, low-power 32/64-bit RISC-V processor cores and Founding Premier member of RISC-V International, today announced the launch of new product line, AndesAIRE™ or Andes AI Runs Everywhere, ultimately efficient solutions designed for edge and end-point inference, including the first generation of AI/ML hardware accelerator intellectual property (IP), the AndesAIRE™ AnDLA™ I350 (Andes Deep Learning Accelerator), and the neural network software tools andruntimes, the AndesAIRE™ NN SDK. With the explosive growth of AI/ML applications, there is a critical need for high performance-efficient deep learning solutions that can operate at the edge and end- point, where the strict power and energy constraints...

GCC Announces Dividend Payment

Written by Customer Service on May 15, 2023. Posted in Dividend Reports And Estimates.

CHIHUAHUA, Mexico, May 15, 2023 (GLOBE NEWSWIRE) — GCC, S.A.B. de C.V. (BMV: GCC* or, “the Company”), a leading producer of cement and concrete in the United States and Mexico, today announced that the General Shareholders’ Meeting held on April 27, 2023, declared a Ps. 1.3364 dividend per share, which comes from the balance of the net earnings on a tax basis corresponding to the fiscal year 2013 and previous years. The declared dividend will be paid on May 24, 2023, and the payment will be made through S.D. Indeval, against delivery of coupon 20 of the current share certificates. About GCC GCC is a leading supplier and producer of cement, concrete, aggregates, and construction‐related services in the United States, Mexico and Canada, with an annual cement production capacity of 5.8 million metric tons. Founded in 1941,...

InterCure to Participate in the Cowen 3rd Annual European Cannabis Conference

Written by Customer Service on May 15, 2023. Posted in Public Companies.

Mr. Rabinovitch is one of the global cannabis senior executives to participate NEW YORK, TORONTO, and HERZLIYA, Israel, May 15, 2023 (GLOBE NEWSWIRE) — InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc)(“InterCure”) today announced that Alexander Rabinovitch, CEO of InterCure, will participate in the Cowen 3rd Annual European Cannabis Conference, taking place May 16th, 2023 in Berlin, Germany. Mr. Rabinovitch will take part in the European Frontier Markets & Israel panel on May 16th, 2023 at 10:35 AM CEST, and will be available for 1 on 1 sessions by appointment only. About InterCure (dba Canndoc) InterCure (dba Canndoc) (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) is the leading, profitable, and fastest growing cannabis company outside of North America. Canndoc, a wholly owned subsidiary of InterCure,...

Titanium Transportation Group Reports Q1 2023 Results; Highlighted By 52% EBITDA Growth in Trucking Segment

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

First quarter consolidated EBITDA Margins1 improved 230 basis points YoY to 13.8% Expanded U.S. based freight-brokerage operations to six locations Truck Transportation segment delivered 690 basis point margin expansion and 52% increase in EBITDA1. BOLTON, Ontario, May 15, 2023 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF), a leading provider of transportation and logistics services throughout North America, is pleased to report its financial results for the three-month period ended March 31, 2023. All amounts are in Canadian currency. Q1 2023 Financial Highlights compared with Q1 2022: Consolidated revenue of $106 million, compared to $136 million in Q1 2022 Consolidated EBITDA of $12.6 million, compared to $13.9 million in Q1 2022 Consolidated...

FitLife Brands Announces First Quarter 2023 Results

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

OMAHA, NE, May 15, 2023 (GLOBE NEWSWIRE) — FitLife Brands, Inc. (“FitLife” or the “Company”) (OTC Pink: FTLF), a provider of innovative and proprietary nutritional supplements and wellness products, today announced financial results for the first quarter ended March 31, 2023. Highlights for the first quarter ended March 31, 2023 include: The Company completed the acquisition of Mimi’s Rock Corp (“MRC”) on February 28, 2023. Total revenue was $10.7 million, an increase of 47.2% compared to the first quarter of 2022. Without giving effect to the acquisition of MRC (“Legacy FitLife”), Legacy FitLife revenue for the first quarter of 2023 was $8.1 million, an increase of 11.1% compared to the same period last year, driven by a 6.0% increase in wholesale revenue and a 25.6% increase in online revenue. MRC contributed revenue of $2.6...

Lithium Americas Reports First Quarter 2023 Results

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported financial and operating results for the first quarter ended March 31, 2023 (“Q1 2023”). HIGHLIGHTS Argentina Caucharí-Olaroz Mechanical construction completed to target first lithium production in June 2023. With all key systems for the production of first lithium completed, the commissioning team commenced production testing of the purification, carbonation and SX systems. Additional purification processing equipment necessary to achieve battery-quality lithium carbonate is expected to be completed in H2 2023, following the start of pre-commercial production. Ramp up to 40,000 tonnes per annum (“tpa”) of battery-quality lithium carbonate is targeted to be complete in Q1...

Autoscope Technologies Corporation Announces First Quarter Financial Results

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

MINNEAPOLIS, May 15, 2023 (GLOBE NEWSWIRE) — Autoscope Technologies Corporation (OTCQX: AATC) today announced results for its quarter ended March 31, 2023. First Quarter 2023 Financial Summary Royalties were $3.0 million, an increase of 66 percent from the same period in the prior year. Product sales were $0.8 million, a decrease of 15 percent from the same period in the prior year. Operating expenses totaled $2.1 million in the first quarter of 2023, a decrease of 2 percent from the prior year period. There were no capitalized software costs in the first quarter of 2023 compared to $313,000 of capitalized software costs in the prior year period. Net income for the first quarter of 2023 totaled $0.8 million compared to a net income of $17,000 for the same period in the prior year. First-Quarter Results The 2023 first quarter...

POET Technologies Reports First Quarter 2023 Financial Results

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its audited consolidated financial results for the first quarter ended March 31, 2023. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Business Highlights Since 4Q’22 Reported on March 31, 2023: Released “POET Infinity™”, a chiplet-based transmitter platform for 400G, 800G and 1.6T pluggable transceivers and co-packaged optics solutions. Released...

InterCure Announces Record Breaking First Quarter Revenues with 22% growth YOY

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

Quarterly Annualized Revenue Quarterly Annualized Revenue Achieved record revenues of $40 million for the first quarter Annualized revenue run rate of $159 million Adjusted EBITDA(1) of $6 Million Strong balance sheet with over $45 million cash and Net current assets of over $72 million NEW YORK, TORONTO, and HERZLIYA, Israel, May 15, 2023 (GLOBE NEWSWIRE) — InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc)(“InterCure” or the “Company”) is pleased to announce its financial and operating results for the first quarter ended March 31, 2023. All amounts are expressed in New Israeli Shekels (NIS) or Canadian dollars ($), unless otherwise noted. First Quarter 2023 Key Financial & Operating Highlights Quarterly revenue of $40 million (NIS 106 million), representing 22% growth YoY and up 1% sequentially compared...

Healthy Extracts Reports First Quarter 2023 Results

Written by Customer Service on May 15, 2023. Posted in Earnings Releases And Operating Results.

LAS VEGAS, May 15, 2023 (GLOBE NEWSWIRE) — Healthy Extracts Inc. (OTCQB: HYEX), a leading developer and distributor of plant-based nutraceutical products for heart and brain health, reported results for the first quarter ended March 31, 2023. All comparisons are to the year-ago period unless otherwise noted. First Quarter Financial Highlights Net revenue totaled $615,000, up 11%, driven by product line and distribution channel expansion. Increased manufacturing and freight costs resulted in gross margin declining to 45.2% from 58.9% in the year-ago quarter. Gross margins are expected to return to normal levels in the second half of 2023 with the anticipated lowering of these costs. Net loss for the quarter, which was primarily due to costs related to increased manufacturing and freight costs, costs associated with the company’s...

Day: May 15, 2023

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