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Month: May 2023

PROREIT Announces $35 million Public Offering of Convertible Debentures

NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES. MONTRÉAL, May 17, 2023 (GLOBE NEWSWIRE) — PRO Real Estate Investment Trust (TSX: PRV.UN) (“PROREIT” or the “REIT”) announced today that it has entered into an agreement with a syndicate of underwriters co-led by TD Securities Inc. and Scotiabank (collectively, the “Underwriters”), pursuant to which the Underwriters will purchase $35 million aggregate principal amount of 8.00% convertible unsecured subordinated debentures (the “Debentures”) due June 30, 2028 at a price of $1,000 per Debenture (the “Offering”). PROREIT has also granted to the Underwriters an over-allotment option to purchase up to an additional $5,250,000 aggregate principal amount of Debentures at the same price, exercisable in whole or in part at any time for...

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NANOBIOTIX Provides First Quarter 2023 Operational and Financial Update

Reported €30.2 million in cash and cash equivalents as of March 31, 2023 PARIS and CAMBRIDGE, Mass., May 17, 2023 (GLOBE NEWSWIRE) — NANOBIOTIX (Euronext: NANO –– NASDAQ: NBTX – the ‘‘Company’’), a late-clinical stage biotechnology company pioneering physics-based approaches to expand treatment possibilities for patients with cancer, today provided an update on operational progress and reported financial results for the for the first quarter of 2023. “2023 will be a foundational year for Nanobiotix, and we are energized to further advance late-stage development of our radioenhancer NBTXR3 in head and neck cancer. The recent operational efficiencies implemented last year are working, and we are seeing enrollment progress well in our pivotal Phase 3 study, NANORAY-312, with 122 sites activated in 24 countries to date,” said Laurent...

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Hawkins, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

ROSEVILLE, Minn., May 17, 2023 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, today announced fourth quarter and full-year results for its fiscal year ended April 2, 2023. Fourth Quarter Fiscal Year 2023 Highlights:Record fourth quarter sales of $228.1 million.   Record fourth quarter diluted earnings per share (EPS) of $0.55, which was 10% higher than the same period of the prior year. Adjusted earnings before interest, taxes, depreciation, and amortization (adjusted EBITDA), a non-GAAP measure, of $27.0 million, a 21% increase over the same period of the prior year. Record fourth quarter operating cash flow allowed us to pay down $19 million in debt in the quarter.Full-Year Fiscal Year 2023 Highlights:Record annual sales of $935.1 million for fiscal 2023, a 21% year-over-year...

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StoneCo Reports First Quarter 2023 Results

  Revenue of R$2.7 billion, + 31% y/y (vs R$2.6+ billion guidance);Adjusted EBT (including share-based compensation expenses) of R$324.0 million, +371% y/y (vs R$265+ million guidance);MSMB TPV of R$78.9 billion, +25% y/y (vs R$77.0 – R$78.0 billion guidance and over 2x industry growth)   GEORGE TOWN, Grand Cayman, May 17, 2023 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) (“Stone” or the “Company”) today reports its financial results for its first quarter ended March 31, 2023.   Operating and Financial Highlights for 1Q23   Note about our non-IFRS Adjusted P&L metrics: as anticipated in our 4Q22 Earnings announcement, from 1Q23 onwards we will no longer adjust the expenses related to share-based compensation, which may affect the comparability of our current Adjusted results to our Adjusted numbers prior...

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IBEX Limited Announces Third Quarter of Fiscal Year 2023 Financial Results with Record Net Income and Adjusted EBITDA Margins

Key HighlightsRevenue generated from BPO 2.0 clients grew 12.3% compared to the prior year quarter and represented 77.6% of total revenue in the third quarter. Third quarter revenue increased 1.9% to $131.6 million over the prior year quarter, as we accelerated the transition of select onshore revenues to higher margin nearshore and offshore regions. Third quarter net income and net income margin increased to $11.7 million and 8.9%, respectively, compared to $6.6 million and 5.1%, respectively, in the prior year quarter. Adjusted net income and adjusted net income margin increased to $11.3 million and 8.6%, respectively, compared to $10.7 million and 8.3%, respectively, in the prior year quarter which included a significant one-time deferred tax benefit. Third quarter non-GAAP adjusted EBITDA increased 30% to $24.4 million, over the...

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Grindrod Shipping Holdings Ltd. Announces Unaudited Financial Results for the Three Months Ended March 31, 2023

SINGAPORE, May 17, 2023 (GLOBE NEWSWIRE) — Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced its earnings results for the three months ended March 31, 2023. Financial Highlights for the Three Months Ended March 31, 2023Revenues of $76.8 million Gross profit of $7.0 million Loss for the period and attributable to owners of the Company of $4.3 million, or $0.22 per ordinary share Adjusted net loss of $4.3 million, or $0.22 per ordinary share(1) Adjusted EBITDA of $15.7 million(1) Handysize and supramax/ultramax TCE per day of $9,491 and $12,869, respectively(1) (1) Adjusted EBITDA, Adjusted net income/(loss) and TCE per day are non-GAAP financial measures....

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NuCana Reports First Quarter 2023 Financial Results and Provides Business Update

Multiple Important Data Readouts Remain on Track for 2023 Well Capitalized with Anticipated Cash Runway into 2025 EDINBURGH, United Kingdom, May 17, 2023 (GLOBE NEWSWIRE) — NuCana plc (NASDAQ: NCNA) announced financial results for the first quarter ended March 31, 2023 and provided an update on its broad clinical development program with its transformative ProTide therapeutics. As of March 31, 2023, NuCana had cash and cash equivalents of £31.0 million compared to £41.9 million at December 31, 2022. NuCana continues to advance its various clinical programs and reported a net loss of £7.9 million for the quarter ended March 31, 2023, as compared to a net loss of £8.4 million for the quarter ended March 31, 2022. Basic and diluted loss per share was £0.15 for the quarter ended March 31, 2023, as compared to £0.16 per share for the...

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dLocal Reports 2023 First Quarter Financial Results

First Quarter 2023 US$3.6 billion Total Payment Volume, up 70% year-over-year and 8% quarter-over-quarter Revenue of US$137 million, up 57% year-over-year and 16% quarter-over-quarter 147% Net Revenue Retention Rate Gross Profit of US$62 million, up 42% year-over-year and 12% quarter-over-quarter Adjusted EBITDA of US$45 million, up 38% year-over-year and down 13% quarter-over-quarter dLocal reports in US dollars and in accordance with IFRS as issued by the IASB MONTEVIDEO, Uruguay, May 17, 2023 (GLOBE NEWSWIRE) — DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology – first payments platform today announced its financial results for the first quarter ended March 31, 2023. ”Our Q1 2023 results demonstrate, once again, our capacity to consistently deliver strong dollar growth across key metrics. Our...

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Asure Harnesses AI to Reinforce HR Compliance Service Scalability and Improve Client Interactions

AUSTIN, Texas, May 17, 2023 (GLOBE NEWSWIRE) — Asure Software (NASDAQ: ASUR), an established provider of cloud-based Human Capital Management (HCM) software solutions, has incorporated artificial intelligence (AI) to amplify scalability in its human-led HR compliance services. This strategic move allows Asure’s experts to allocate more of their time to direct client interactions, improving customer service and engagement. The integration of AI into Asure’s HR compliance services provides scalability to a service that was traditionally labor-intensive. By automating routine and time-consuming tasks, AI helps handle increasing client demand while maintaining high service standards. Pat Goepel, CEO of Asure, stated, “The implementation of AI technology is a strategic enhancement to our HR compliance services. By...

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Hovnanian Enterprises Announces Second Quarter Fiscal Year 2023 Earnings Release and Conference Call

MATAWAN, N.J., May 17, 2023 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, will release financial results for the second quarter ended April 30, 2023, the morning of Wednesday, May 31, 2023. The Company will webcast its second quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, May 31, 2023. The conference call and accompanying slide presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com. It is suggested that participants access the webcast event page at least five minutes before the live event. For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the “Past Events” section of the “Investor Relations” page on the Hovnanian website at...

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