Tattooed Chef Reports 2023 First Quarter Financial Results

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

Provides Progress on Previously Announced Cost Reduction Initiatives and Updates Outlook Announces Filing of 2022 Form 10-K and 2023 First Quarter Form 10-Q PARAMOUNT, Calif., May 15, 2023 (GLOBE NEWSWIRE) — Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”), a leader in plant-based foods, today announced financial results for the first quarter ended March 31, 2023 (“Q1 2023”). The Company also announced that it has filed its Annual Report on Form 10-K for the year ended December 31, 2022 and its Quarterly Report on Form 10-Q for the period ended March 31, 2023 with the Securities and Exchange Commission. The Company also provided an update on its previously announced cost reduction initiatives, current business and operating activities, and outlook. “Our results for Q1 2023 reflect progress towards our previously...

Lumine Group Inc. Announces Results for the Three Months Ended March 31, 2023

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

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV:LMN) announces financial results for the three months ended March 31, 2023. All amounts referred to in this press release are in US dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three months ended March 31, 2023, management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2023, the audited consolidated financial statements of Lumine Group (Holdings) Inc. (“Lumine Holdings”) for the year ended December 31, 2022, and the Company’s MD&A for the year ended December 31, 2022, all of which can be found on SEDAR at www.sedar.com. Additional information about Lumine Group is...

Mullen Automotive Provides Fiscal Second Quarter 2023 Business Update

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

Company updates stockholders on second quarter financial results; factory activities in Mishawaka, Indiana, and Tunica, Mississippi; Bollinger Motors Commercial Vehicles 4-6; Mullen Commercial Vehicles Class 1 and 3; and Mullen FIVE EV Crossover Program BREA, Calif., May 15, 2023 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces a financial update for its fiscal second quarter for the three and six months ended March 31, 2023. Financial Results Cash used in operating activities was $67.6 million, and cash flows used in investing activities was $97.4 million (primarily ELMS asset purchase for $93 million), offset by cash inflows from financing activities of $167.4 million for the six months ended March 31, 2023....

Ascent Solar Technologies, Inc. Announces First Quarter 2023 Financial Results

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

THORNTON, Colo., May 15, 2023 (GLOBE NEWSWIRE) — Ascent Solar Technologies, Inc. (NASDAQ: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible thin-film photovoltaic (PV) solutions, announced today its results for the three months ended March 31, 2023. “During the quarter, we took decisive actions to reposition the Company as a leader in thin-film solar and made important progress towards commercializing our technology,” said Paul Warley, CEO of Ascent Solar Technologies. “We are excited about the recent acquisition of Flisom AG’s Swiss manufacturing assets, which tripled our production capacity and allow us to fulfill existing customer contracts in the luxury goods and building-integrated PV markets. “As evidence of our ongoing transformation, in just the last six...

Consolidated Water Reports First Quarter 2023 Revenue up 68% to $32.9 Million, Driving Net Income of $3.8 Million or $0.24 per Share

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

GEORGE TOWN, Cayman Islands, May 15, 2023 (GLOBE NEWSWIRE) — Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, reported results for the first quarter ended March 31, 2023. All comparisons are to the same prior year period unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). First Quarter 2023 Financial Highlights Total revenue increased 68% to $32.9 million. Retail revenue increased 23% to $7.8 million. Bulk revenue increased 22% to $9.0 million. Services revenue increased 168% to $12.7 million. Manufacturing revenue increased to $3.4 million. Net income from continuing operations attributable to company stockholders was $4.1 million...

Predictive Oncology Reports First Quarter 2023 Financial Results and Provides Business Update

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

Company to host investor call and webcast today, May 15th, at 5:30pm EDT EAGAN, Minn., May 15, 2023 (GLOBE NEWSWIRE) — Predictive Oncology (Nasdaq: POAI), a science driven company leveraging its proprietary artificial intelligence and machine learning capabilities, extensive biorepository of tumor samples, CLI laboratory and GMP facility, to accelerate oncologic drug discovery and enable drug development, today reported financial and operating results for the three months ended March 31, 2023, and provided a corporate update. The company reported a net loss of $3.4 million on total net revenue of $0.2 million for the first quarter 2023. Q1 2023 and Recent Highlights: Announced groundbreaking partnership with Cancer Research Horizons to drive the development of oncology drugs utilizing Predictive Oncology’s PEDAL™ platform....

ECN Capital Reports US$0.01 in Adjusted Net Income per Common Share in Q1-2023

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

Review of Strategic Alternatives Ongoing TORONTO, May 15, 2023 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended March 31, 2023. For the three-month period ended March 31, 2023, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $1.4 million or $0.01 per share (basic) versus $4.1 million or $0.02 per share (basic) for the previous three-month period and $3.4 million or $0.01 per share (basic) for the same period last year. “The previously announced Board approved review of strategic alternatives is ongoing and designed to maximize long-term growth and value for shareholders”, said Steven Hudson, CEO of ECN Capital Corp. “We anticipate reaching a conclusion and announcing results...

XWELL, Inc. Reports First Quarter 2023 Results

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

NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) — XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), an authority in health and wellness solutions for people on the go, today reported results for the first quarter ended March 31, 2023. Business Highlights:Reflecting management’s commitment to better serve clients, optimize efficiencies, and deliver long-term growth: First quarter 2023 revenue at the Company’s XpresSpa business increased over 70% versus the 2022 first quarter. Demonstrating the effect of the Company’s cost-savings initiatives and deliver a leaner, more profitable XpresSpa business, first quarter 2023 general and administrative expenses decreased 12.7% sequentially and decreased 40.2% from the 2022 first quarter. The Company has integrated innovative health and wellness technologies, including fully autonomous HydroMassage...

Bitdeer Reports Unaudited Financial Results for the First Quarter of 2023 and Operational Update

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

SINGAPORE, May 16, 2023 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited financial results for the first quarter ended March 31, 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “We continued to deliver robust performance and maintained a sufficient cash flow during the first quarter, despite macroeconomic and crypto-market headwinds. While we recorded a net loss of $9.5 million, our non-IFRS adjusted profit was $2.8 million and non-IFRS adjusted EBITDA was $18.5 million. At the operational level, we proactively optimized our cost base by locking up a competitive price for 150MW electricity capacity in our Rockdale mining datacenter effectively until the end of 2023....

Windtree Therapeutics Reports First Quarter 2023 Financial Results and Provides Key Business Updates

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

WARRINGTON, Pa., May 15, 2023 (GLOBE NEWSWIRE) — Windtree Therapeutics, Inc. (“Windtree” or “the Company”) (NasdaqCM: WINT), a biotechnology company focused on advancing late-stage interventions for cardiovascular disorders, today reported financial results for the first quarter ended March 31, 2023 and provided key business updates. “We are excited with the progress made during the first quarter, particularly related to the strengthening of our balance sheet by securing additional capital and moving forward with our plans to begin our SEISMiC extension study to advance istaroxime in cardiogenic shock,” said Craig Fraser, President and Chief Executive Officer of Windtree. “In addition, we are realizing the financial benefits of the portfolio prioritization undertaken in 2022, which along with other cost-cutting measures, resulted...

Day: May 15, 2023

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