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Month: May 2023

Brady Corporation Reports Record EPS in its Fiscal 2023 Third Quarter and Raises the Low End of its Fiscal 2023 EPS Guidance

Sales for the quarter decreased 0.4 percent compared to the same quarter of the prior year. Organic sales increased 1.9 percent, foreign currency reduced sales by 2.1 percent and the divestiture of the PremiSys business reduced sales by 0.2 percent in the quarter. Diluted EPS increased 23.1 percent to a record high of $0.96 in the third quarter of fiscal 2023 compared to $0.78 in the same quarter of the prior year. Diluted EPS Excluding Certain Items* increased 10.5 percent to a record high of $0.95 in the third quarter of fiscal 2023 compared to $0.86 in the same quarter of the prior year. Net cash provided by operating activities increased 77.2 percent to $72.5 million in the third quarter of fiscal 2023 compared to $40.9 million in the third quarter of last year. Earnings per diluted Class A Common Share guidance was adjusted for the...

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Lightspeed Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Outlook for Fiscal 2024

For Fiscal 2023, total revenue grew to $730.5 million or 33% (36% in constant currency2), with annual Net Retention Rate4 of ~110%1234Total revenue for the quarter grew 26% YoY to $184.2 million (27% growth in constant currency2)Adjusted EBITDA loss significantly better than previously-established outlook and on track for break even for Fiscal 20241Lightspeed launches unified POS and payments initiative Gross Payments Volume for the quarter grew 70% YoY to $3.8 billionCustomer Locations processing more than $500,000/year in GTV grew by 13% YoY3in the quarter Lightspeed reports in US dollars and in accordance with IFRS. MONTREAL, May 18, 2023 (GLOBE NEWSWIRE) — Lightspeed Commerce Inc. (“Lightspeed” or the “Company”) (TSX: LSPD) (NYSE: LSPD), the one-stop commerce platform for merchants around the world to...

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Amesite Announces Partnership Renewal with EWIE Group of Companies

DETROIT, May 18, 2023 (GLOBE NEWSWIRE) — Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, announces today it is extending its partnership with EWIE Group of Companies (EGC), a global leader in commodity management services and supply chain optimization with over 30 years of experience. This continued partnership will deliver enterprise upskilling needs for EGC’s global teams on EGC’s proprietary Learning Community Environment® – powered by Amesite. “We conduct training all over the world, that needs to be delivered with efficiency and effectiveness. Working with Amesite has enabled us to launch and run our programs with excellence and we are very pleased to continue this strong relationship,” said Subin Babu, Director...

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Auddia Announces Launch of Podcasts in Android Version of Flagship Mobile App faidr

faidr Android App now Offers Podcasts Alongside Commercial-free AM/FM With faidrRadio and an Updated UI Coming in Early Q3 BOULDER, CO, May 18, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced today that it has released podcast-listening functionality in the Android version of its flagship mobile app, faidr. Podcasts were added to the Company’s iOS product in March of this year, along with faidrRadio, its exclusive content programming within the app. The Company now moves to launch an exciting new user interface for faidr, which will be available in iOS before the end of Q2 and in Android, along...

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Whitestone REIT Elects New Board Member, Julia Buthman

Whitestone REIT’s Board: Julia Buthman, Jeff Jones, Amy Feng, David Taylor, Nandita Berry and David Holeman Whitestone REIT’s Board: Julia Buthman, Jeff Jones, Amy Feng, David Taylor, Nandita Berry and David HolemanHOUSTON, May 18, 2023 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) announces the addition of Julia Buthman to the Company’s Board of Trustees, elected May 12th at Whitestone’s annual shareholder’s meeting. Julia is a seasoned investment professional with more than 35 years of investing in senior debt, subordinated debt and structured equity. She is a former Managing Director at Prudential Private Capital and has extensive experience on both non-profit and for-profit boards. “Julia’s election to the Whitestone board adds to the board’s already strong depth of experience,” stated Chairman...

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FreightCar America, Inc. Announces Appointment of Nicholas J. Randall as Chief Operating Officer

Company adds to its executive leadership team as it continues to grow and focus on delivering superior manufacturing excellence and customer satisfaction CHICAGO, May 18, 2023 (GLOBE NEWSWIRE) — FreightCar America, Inc. (Nasdaq: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer of railroad freight cars, announced today the appointment of Nicholas J. Randall as the Company’s Chief Operating Officer (COO), effective June 26, 2023. Randall will report to James R. Meyer, President and Chief Executive Officer. “I am thrilled to welcome Nick to the FreightCar America team as our Chief Operating Officer. He is an accomplished business leader with deep and global experience in the heavy durable industrial and consumer industries. He brings a proven track record of growing companies by driving success through operational...

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Orgenesis Announces Collaboration Agreement with SCTbio to Expand POCare Sites in the Czech Republic and Enhance Capabilities for the Production of Lentivirus Vectors

GERMANTOWN, Md. and PRAGUE, Czech Republic, May 18, 2023 (GLOBE NEWSWIRE) — (NASDAQ: ORGS) (“Orgenesis”), a global biotech company working to unlock the full potential of cell and gene therapies (CGT) through its US-based point-of-care (POCare) services subsidiary, Morgenesis LLC (“Morgenesis”), has signed a collaboration agreement with SCTbio, a full-service contract development and manufacturing organization (CDMO) specializing in cell-based therapy and viral vectors. The goal of the collaboration is to open new point-of-care (POCare) sites within the Czech Republic and leverage SCTbio’s GMP facility for the production of lentivirus vectors to support Morgenesis’ POCare worldwide customers, including use in CAR-T cell and gene therapies (CGTs). Orgenesis’ POCare Platform, including its Orgenesis Mobile Processing Units and Labs...

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FibroGen Announces Positive Topline Results from China Pivotal Phase 3 Clinical Trial of Roxadustat for the Treatment of Chemotherapy Induced Anemia

Met primary endpoint of noninferiority of roxadustat to erythropoietin alfa Plan to file supplemental New Drug Application in ChinaSAN FRANCISCO and BEIJING, May 18, 2023 (GLOBE NEWSWIRE) — FibroGen, Inc. (NASDAQ: FGEN) and its subsidiary, FibroGen (China) Medical Technology Development Co., Ltd. today announced positive topline data from Company’s Phase 3 clinical study of roxadustat for treatment of anemia in patients receiving concurrent chemotherapy treatment for non-myeloid malignancies in China. Roxadustat (爱瑞卓®) demonstrated non-inferiority compared to recombinant erythropoietin alfa (SEPO®) on the primary endpoint of change in hemoglobin (Hb) level from baseline to the average level during weeks 9-13. In the preliminary safety analysis, the adverse event profile of roxadustat was generally consistent with previous findings...

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Mullen Trades Above $1 Minimum Bid Price Requirement for 10 Consecutive Days

Mullen Automotive Trades on NASDAQ Capital Markets Stock Ticker Symbol: MULNBREA, Calif., May 18, 2023 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that its stock has traded above Nasdaq’s $1 minimum bid price requirement for 10 consecutive days. On Sept. 7, 2022, Nasdaq provided notice to the Company that, based on the previous 30 consecutive business days, the Company’s listed common stock no longer met the minimum $1 bid price per share requirement as set forth in Nasdaq Listing Rule 5810(c)(3)(A)(ii) (the “Deficiency”). The Company was provided 180 calendar days, or until March 6, 2023, to regain compliance. On March 8, 2023, Nasdaq approved the Company’s request for a 180-day extension, through Sept....

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Tremor International Ltd. to Announce First Quarter 2023 Financial Results on May 30, 2023

Conference call and webcast to be held May 30, 2023, at 9:00 AM ET and 2:00 PM BST NEW YORK, May 18, 2023 (GLOBE NEWSWIRE) — Tremor International Ltd. (AIM/NASDAQ: TRMR), a global leader in data-driven video and Connected TV (“CTV”) advertising technology offering an end-to-end platform that enables advertisers to optimize their campaigns and media companies to maximize inventory yield, will release its financial results for the first quarter ended March 31, 2023 before the U.S. market opens on Tuesday, May 30, 2023. Tremor International will host a webcast and conference call with Ofer Druker, Chief Executive Officer, and Sagi Niri, Chief Financial Officer, at 6:00 AM PT, 9:00 AM ET, and 2:00 PM BST on the same date to discuss the Company’s financial results. Webcast and Conference Call DetailsTremor International First Quarter...

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