Day: May 30, 2023

Fanhua Reports First Quarter 2023 Unaudited Financial Results

Written by Customer Service on May 30, 2023. Posted in Earnings Releases And Operating Results.

— Operating Income for the First Quarter of 2023 up 193.1% YoY, Beating Prior Guidance– GUANGZHOU, China, May 30, 2023 (GLOBE NEWSWIRE) — Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 20231. Financial Highlights for the First Quarter of 2023:(In thousands, except per ADS) 2022Q1(RMB) 2023Q1(RMB) 2023Q1(US$) Change %Total net revenues 686,387 827,737 120,528 20.6Operating income 20,589 60,355 8,789 193.1Non-GAAP operating income2 20,589 63,474 9,243 208.3Net income (loss) attributable to the Company’s shareholders (37,838 ) 60,452 8,803 N/ANon-GAAP net income attributable to the Company’s shareholders3 40,439 63,571 9,257 57.2Diluted net...

Nano Dimension’s Conference Call: Special Tender Offer to Increase Ownership in Stratasys

Written by Customer Service on May 30, 2023. Posted in Mergers And Acquisitions.

Investors’ Call on Tuesday, May 30th, 2023 at 9:00 a.m. EDT The Company Will Address the Merits of the $18.00 Offer That Delivers Certain All-Cash Value At a Premium The Company Will Also Address the Issues with the Stratasys-Desktop Metal Deal Waltham, Mass, May 30, 2023 (GLOBE NEWSWIRE) — As previously announced, Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, “NANO” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, will host a conference call on Tuesday, May 30th, 2023 at 9:00 a.m. EDT (4:00 p.m. IDT) to discuss its special tender offer to increase its ownership in Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”), as well as the merits of Stratasys’ proposed deal with Desktop Metal, Inc. (NYSE:...

CuraScientific Discloses Cal Care Grp Acquisition and Financial Data

Written by Customer Service on May 30, 2023. Posted in Mergers And Acquisitions.

PALM SPRINGS, CA, May 30, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — CuraScientific Corp. (OTC PINK: CSTF) (“CuraScientific” or the “Company”), a revenue alternative lifestyle company that owns and operates multiple licenses to manufacture, distribute and deliver brand name and proprietary natural-based cannabis and kava products for consumers seeking healthier choices to relieve stress and anxiety, announces the official acquisition/share exchange of Cal Care Grp, Inc. The Company filed an 8-K/A on October 24, 2022, stating that on October 1, 2022, Boon Industries, Inc. (the “Company”), entered into a Share Exchange Agreement, with Cal Care Grp, Inc. (“Cal Care”), and William Reed, as the sole shareholder of Cal Care (the “Share Agreement”). Cal Care Grp, Inc. is a licensed delivery and distribution company with locations...

Alarum Recorded First-Ever Positive Cashflow from Operating Activities with Record Revenues in the First Quarter of 2023

Written by Customer Service on May 30, 2023. Posted in Earnings Releases And Operating Results.

Revenues climbed to $5.7 million, up 41% compared to the first quarter of 2022; Net loss dropped to $0.7 million (Q1.2022: a net loss of $4.7 million); Positive Adjusted EBITDA of $0.06 million (Q1.2022: Adjusted EBITDA loss of $3.2 million)TEL AVIV, Israel, May 30, 2023 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of enterprise and consumers internet access solutions, today announced record financial results for the three months ended March 31, 2023. Key Financial Highlights for the First Quarter of 2023:Revenues climbed to a record high of $5.7 million, an increase of approximately 41% compared to the first quarter of 2022. Net loss decreased by 85% to $0.7 million, compared to a net loss of $4.7 million during the first quarter of 2022. Achieved positive...

ARHT Media Announces Q1 2023 Operating Results

Written by Customer Service on May 30, 2023. Posted in Earnings Releases And Operating Results.

Expects significant quarterly sequential revenue growth throughout 2023 TORONTO, May 30, 2023 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART), (OTCQB:ARHTF) the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, today announced its financial results for the first quarter ended March 31, 2023. Q1 2023 Financial UpdateRevenue for Q1 2023 was $1.3M compared to $1.4M for Q1 2022, a 8% decrease. The decrease reflects the company’s sales focus transition to fixed installations versus events given the longer sales cycle which is expected to positively impact the Company’s financials in the remaining quarters of 2023. Q1 2023 Net loss of $2.8M vs $1.3M in Q1 2022 primarily due to increased headcount as the Company...

Captor Therapeutics Publishes Q1 2023 Financial Results

Written by Customer Service on May 30, 2023. Posted in Earnings Releases And Operating Results.

Lead asset CT-01 on track for clinical trial application authorization in Q3 2023 Collaboration with Ono Pharmaceuticals in neurological diseases progressing according to plan Solid cash position allows cash visibility until at least late 2024 aided by non-dilutive funding and a cost-efficient R&D structureWROCŁAW, Poland, May 30, 2023 (GLOBE NEWSWIRE) — Captor Therapeutics S.A. (“Captor”) (WSE: CTX), a biopharmaceutical company, specialized in the development of drugs based on Targeted Protein Degradation (TPD), today published its consolidated report for Q1 2023.In Q1 2023 Captor Therapeutics announced the next steps in the implementation of the Company’s 2023-25 strategy, aimed at becoming one of the global leaders in the TPD field. The Company also announced the new molecular targets its compounds are targeting and...

Terra Firma Capital Corporation Reports First Quarter 2023 Financial Results

Written by Customer Service on May 30, 2023. Posted in Earnings Releases And Operating Results.

All amounts are stated in United States dollars unless otherwise indicated. TORONTO, May 30, 2023 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company“), a real estate finance company, today announced its financial results for the three months ended March 31, 2023. Q1 2023 Financial Highlights:Total Assets of $141.4 million Total Investments (a supplementary financial measure)(4) of $111.3 million Total Assets under management (“AUM,” a non-IFRS financial measure) (3) of $115.2 million Future funding commitments of $82.0 million Book Value per share increased by 0.8% to $7.97 (CA$10.77, translated to CA$ using the exchange rate of $1.3516) per share CA$0.06 per share paid in dividends Total Revenue increased slightly by 0.8% to $3.9 million Net income...

InspireSemi Announces Extension of Private Placement and Shares for Debt Settlement

Written by Customer Service on May 30, 2023. Posted in Public Companies.

VANCOUVER, British Columbia and AUSTIN, Texas, May 30, 2023 (GLOBE NEWSWIRE) — Inspire Semiconductor Holdings Inc. (TSXV: INSP) (“InspireSemi” or the “Company”), a chip design company that has built a technology foundation to deliver revolutionary accelerated computing performance, today announced that it has extended the closing date for its non-brokered private placement offering of units previously announced by the Company in its press release dated April 13, 2023 (the “Offering“), by 30 days. The Company now expects the offering to close on or before June 28, 2023 subject to the approval of the TSX Venture Exchange. The terms of the Offering are unchanged from those previously reported. The Company may close the Offering in multiple tranches. Shares for Debt The Company also announced that, further to its news release...

Lids Adopts Clip Money for Cash Deposit Services

Written by Customer Service on May 30, 2023. Posted in Public Companies.

BOSTON, May 30, 2023 (GLOBE NEWSWIRE) — Clip Money, Inc. (“Clip”) (TSXV:CLIP) (OTCQB:CLPMF), a leading fintech that brings convenient, cost-effective cash management services to retailers, has been selected by Lids, a premier multinational sports retailer, as a cash deposit solution. Lids, the leader of headwear, apparel, and accessories for sports fans of all ages with over 1,100 locations throughout North America, is a desired brand in the retail industry. To better manage its cash flow and drive efficiencies in its cash management operations, Lids has chosen Clip to provide a secure and efficient cash deposit solution. “We are thrilled to partner with a leading brand like Lids and provide them with our innovative cash management solution,” said Joseph Arrage, CEO of Clip. “By automating cash management processes,...

Tingo DMCC Commences Delivery of Significant Pipeline of Export Orders, Completing First $348 Million of Sales

Written by Customer Service on May 30, 2023. Posted in Public Companies.

More than $1 billion of Additional Orders in Progress and Expected to Complete by Q3 2023 Major Milestone Towards Dollarizing Tingo Group’s Net Income by Year End Recently Signed Partnership with PCX and AFAN Already Delivering Multi-Billion Dollars Per Annum of Agricultural Produce Tingo Foods also Set to Become Additional Significant Source of Food and Beverage Product for Global Export MONTVALE, N.J., May 30, 2023 (GLOBE NEWSWIRE) — Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) announced today that its export business, operated through wholly owned subsidiary Tingo DMCC, has completed its first batch of export deals, generating $348 million of sales with a gross profit approaching $100 million. The sales completed today are part of an anticipated long-term multi-billion-dollar pipeline of export transactions, more...

Day: May 30, 2023

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