EnerSys Reports Fourth Quarter and Full Year Fiscal 2023 Results; Delivers Record Net Sales and Earnings for the Fourth Quarter and Full Year

Written by Customer Service on May 24, 2023. Posted in Earnings Releases And Operating Results.

Fourth Quarter Fiscal 2023 Highlights(All comparisons against the fourth quarter of fiscal year 2022 unless otherwise noted) Delivered record net sales of $990M, +9% Achieved 24.9% GM, +340 bps, including $17M reduction to COGS from Inflation Reduction Act (IRA) tax credits under IRC 45X Generated record operating earnings of $95M, +114%, and adjusted operating earnings of $107 million, +60% $1.3B backlog eased slightly, -7%, 2X pre-COVID levels with stable demand trends Realized record diluted EPS of $1.59, +137%, and adjusted diluted EPS of $1.82, +52% Reduced net leverage(b) to 1.8X EBITDA Earned the Better Practice Award from the U.S. Department of Energy Better Plants Program Announced the appointment of Shannon Thomas as Chief Human Resources Officer Published 2022 Sustainability Update and achieved 4% reduction in our global greenhouse...

Kubient and Adomni Announce Definitive Merger Agreement

Written by Customer Service on May 24, 2023. Posted in Mergers And Acquisitions.

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) — Kubient, Inc. (NasdaqCM: KBNT, KBNTW) (“Kubient ” or the “Company”), a cloud-based software platform for digital advertising, and Adomni Inc. (“Adomni”) today announced they have entered into a definitive merger agreement, pursuant to which Adomni will merge with and into a wholly-owned subsidiary of Kubient (the “Merger”). The combined company will focus on growing and developing Adomni’s pre-existing programmatic advertising service and platform that delivers high-impact advertising campaigns via 725,000+ connected digital out of home screens across the world. Following the closing of the Merger, the combined company is expected to operate under the name “Adomni, Inc.” The Merger is intended to allow Adomni to strengthen and diversify its advertising technology platform while also...

StepStone Group Reports Fourth Quarter And Fiscal Year 2023 Results

Written by Customer Service on May 24, 2023. Posted in Earnings Releases And Operating Results.

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today reported results for the fourth quarter and full fiscal year ended March 31, 2023. The Board of Directors of the Company has declared a quarterly cash dividend of $0.20 per share of Class A common stock, and a supplemental dividend of $0.25 per share of Class A common stock, both payable on June 30, 2023, to the holders of record as of the close of business on June 15, 2023. StepStone issued a full detailed presentation of its fourth quarter and full fiscal year ended March 31, 2023 results, which can be accessed by visiting the Company’s website at https://shareholders.stepstonegroup.com or by clicking here. Webcast and...

Resolutions of the annual general meeting of Enefit Green AS

Written by Customer Service on May 24, 2023. Posted in Public Companies.

The annual general meeting of the shareholders of Enefit Green AS (commercial registry code 11184032, located at Lelle 22, 11318 Tallinn, Harju county, Estonia; hereinafter the “Company”) was held on 24 May 2023 at 13:00 (EEST) at Kai Art Centre (Peetri 12, Tallinn). The notice of calling the general meeting was published on 28 April 2023 in the stock exchange information system, on Company’s website and in the daily newspaper Postimees. The list of shareholders entitled to vote at the general meeting was determined on 17 May 2023 at the end of the business day of the settlement system of Nasdaq CSD (Estonia). 121 shareholders participated at the meeting representing 217,005,591 votes or 82.11% of the total share capital. The general meeting discussed and adopted following resolutions: 1. Address of the Chairman of the Supervisory...

Nasdaq Halts Minority Equality Opportunities Acquisition Inc.

Written by Customer Service on May 24, 2023. Posted in Public Companies.

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) — The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading was halted on May 24, 2023, in Minority Equality Opportunities Acquisition Inc. (Nasdaq: MEOA, MEOAU and MEOAW) at 12:51:54. Eastern Time for “additional information requested” from the company at a last sale price of $26.54 (Nasdaq: MEOA), $31.34 (Nasdaq: MEOAU), and $0.0802 (Nasdaq: MEOAW). Trading will remain halted until Minority Equality Opportunities Acquisition Inc. has fully satisfied Nasdaq’s request for additional information. For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site. For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq...

Pender Growth Fund and Pender Private Investments Inc. Announce Execution of Letter of Intent to Acquire Remaining PPI Legacy Shares

Written by Customer Service on May 24, 2023. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, May 24, 2023 (GLOBE NEWSWIRE) — Pender Growth Fund Inc. (“PGF”; TSXV: PTF)) and Pender Private Investments Inc. (“PPI”) today announce that they have signed a non-binding letter of intent (the “Letter of Intent”) to acquire all Legacy Shares of PPI not currently owned by PGF (the “Proposed Transaction”). PGF currently holds approximately 98% of the outstanding Legacy Shares of PPI. Pursuant to the terms of the Letter of Intent, PGF proposes to acquire the remaining Legacy Shares at a cash purchase price equal to 100% of the Net Asset Value (“NAV”) of PPI’s portfolio, determined in accordance with past practice of the manager of PPI, PenderFund Capital Management Ltd. (the “Purchase Price”), pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia). The Letter...

Nokia Corporation: Repurchase of own shares on 24.05.2023

Written by Customer Service on May 24, 2023. Posted in Public Companies.

Nokia CorporationStock Exchange Release24 May 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 24.05.2023 Espoo, Finland – On 24 May 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 319,098 3.76 CEUX 26,065 3.76 AQEU 11,275 3.76 TQEX 17,962 3.75 Total 374,400 3.76 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

Thumzup® to Exhibit at Mainopoly Business Event on Main Street in Santa Monica, California on Saturday, May 27th

Written by Customer Service on May 24, 2023. Posted in Public Companies.

Thumzup Media Corporation The Thumzup mobile app Available in the App Store and Google Play, Thumzup Enables Virtually Everyone to Earn Cash Rewards for Posting on Social Media about the Brands They Love Los Angeles, CA, May 24, 2023 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) is thrilled to exhibit at Mainopoly, taking place on Saturday, May 27th, 2023 from 1pm to 5pm PT, along Main Street near The Victorian at 2640 Main St. Santa Monica, CA 90405. At Mainopoly visitors are encouraged to stop by the Thumzup booth to discover how they can use the Thumzup app to their benefit. With dozens of advertisers in close proximity, attendees of Mainopoly have a unique opportunity to get paid on Thumzup for simply sharing content about the app with their friends on Instagram....

Verizon Business Takes 5G Innovation Sessions to New York City

Written by Customer Service on May 24, 2023. Posted in Public Companies.

Verizon and Ericsson to demonstrate the latest 5G innovations at ASPIRE New York located at One World Observatory on June 7 BASKING RIDGE, N.J., May 24, 2023 (GLOBE NEWSWIRE) — Verizon Business is bringing its 5G Innovation Sessions tour back to the Big Apple on June 7, at the ASPIRE New York at One World Observatory in the World Trade Center. Along with Ericsson, Verizon will be showcasing the power of 5G through dynamic, immersive demonstrations of forward-looking use cases, including the latest Verizon Frontline solutions for first responders. The event will feature presentations, panels, and demonstrations by industry leaders and product experts from Verizon Business, Ericsson, PepsiCo, the National Hockey League, the City of New York, and the National Football League. “Connectivity is the backbone of everything we do, both...

U.S. Department of Treasury Recertifies Ponce Bank as a Community Development Financial Institution

Written by Customer Service on May 24, 2023. Posted in Public Companies.

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced that the U.S. Department of the Treasury (“Treasury”) officially recertified the Bank as a Community Development Financial Institution (“CDFI”) on May 19, 2023. This recertification validates and empowers the Bank’s mission to support Low and Moderate-Income communities and communities of color in and around New York City as well as a national commitment to support Hispanic, African-American, and Low-Income communities throughout the U.S. “As a mission driven bank since the Bank was founded in 1960, we have always maintained our commitment in playing a role in changing the lives of our underserved customers and communities by giving them access to vital banking products...

Day: May 24, 2023

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