Month: May 2023
SAN DIEGO, CA, May 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Sigyn Therapeutics, Inc. (“Sigyn” or the “Company”) (OTCQB: SIGY), a development-stage medical technology company, today announces financial results for the first quarter ended March 31, 2023.
During the quarter, the Company continued its focus to initiate first-in-human clinical studies of Sigyn Therapy™ as a candidate to treat pathogen-associated inflammatory disorders. The therapeutic blood purification technology has been demonstrated to deplete a broad-spectrum of inflammatory cytokines, viral pathogens, and bacterial toxins from human blood plasma. First-in-human clinical studies are directed toward the enrollment of end-stage renal disease patients with endotoxemia and concurrent inflammation.
Additionally, the Company recently introduced a development-stage...
Molekule Reports First Quarter 2023 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Q1 2023 Revenues of $8.3 Million Exceed Guidance
Announces Q2 2023 Revenue Guidance of Approximately $12 Million Up Approximately 45% with Substantially Improved EBITDA Due to Significant Increases in Gross Profit and Operating Leverage, All as Compared to Q1 2023
Remains on Target to Achieve Full Year Fiscal 2023 Revenue Guidance of Between $60-$70 Million
PALM BEACH GARDENS, Fla., May 16, 2023 (GLOBE NEWSWIRE) — Molekule Group, Inc. (“Molekule” or the “Company”) (Nasdaq: MKUL), an emerging leader in air purification technology solutions, systems for healthcare and commercial smart building applications, and individual consumer protection, today reported financial results for the three months ended March 31, 2023 (“Q1 2023”).
First Quarter 2023 Financial and Operational Highlights(Unless otherwise stated, comparisons are made...
Quipt Home Medical Reports Record Second Quarter Fiscal 2023 Financial Results Posting Revenue Growth of 73% and Adjusted EBITDA Growth of 86%
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Posts Strong Adjusted EBITDA Margin of 22.5% and Sequential Organic Growth of 2.5%
CINCINNATI, May 16, 2023 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (the “Company” or “Quipt“) (NASDAQ: QIPT; TSXV: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, today announced its second quarter fiscal 2023 financial results and operational highlights. These results pertain to the three and six months ended March 31, 2023, and are reported in U.S. Dollars.
Quipt will host its Earnings Conference Call on Tuesday, May 16, 2023, at 10:00 a.m. (ET). The dial-in number is 1 (800) 319-4610 or 1 (604) 638-5340. The live audio webcast can be found on the investor section of the Company’s website through the following link: www.quipthomemedical.com.
Financial Highlights:Revenues for fiscal Q2 2023...
Winshear Receives Authorisation to Initiate Activities at Its Gaban Gold Project in Puno, Peru
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, May 16, 2023 (GLOBE NEWSWIRE) — Winshear Gold Corp. (TSX-V: WINS), (“Winshear” or “the Company”) is pleased to report that it has received approval of its Authorization to Initiate Exploration Activities (“AIEA”) from the Ministry of Energy and Mines of Peru and is fully permitted to carry out a drilling program at its Gaban gold project in the Puno Orogenic Gold Belt of Peru. The environmental impact study or Declaración de Impacto Ambiental permit (DIA) for the project, previously received in October 2022, allows for the construction of up to 40 drill platforms in the Coritiri gold anomaly area. Gaban is being investigated as a possible hard rock source of the extensive alluvial goldfields being mined downstream at Madre de Dios which now cover over 1,900 square kilometers.
Richard Williams, Winshear’s...
Liberty Networks Powers New Routes Across Florida with Infinera’s ICE6 800G Technology
Written by Customer Service on . Posted in Public Companies.
SAN JOSE, Calif. and MIAMI, May 16, 2023 (GLOBE NEWSWIRE) — Infinera (NASDAQ: INFN) and Liberty Networks announced today the deployment of Infinera’s ICE6 800G coherent solution to upgrade and expand the capacity of Liberty Networks’ Florida Transport Network (FTN). This network enhancement enables Liberty Networks to offer new and efficient high-speed 400 GbE client services to its end-user customers.
Leveraging Infinera’s ICE6 technology will also provide Liberty Networks with C+L-band capabilities, enabling Liberty Networks to increase its initial design capacity, offering an extremely scalable and robust network.
A longtime Infinera customer, Liberty Networks owns and operates the largest state-of-the-art subsea multi-ring fiber optic network in Latin America and the Caribbean, with nearly 50,000 kilometers. Coupled with its...
Inspire Medical Systems, Inc. to Participate in the Wells Fargo 2023 Medtech Innovation Spotlight Series
Written by Customer Service on . Posted in Public Companies.
MINNEAPOLIS, May 16, 2023 (GLOBE NEWSWIRE) — Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea, announced today that its management team will participate in the Wells Fargo 2023 Medtech Innovation Spotlight Series on Monday, May 22, 2023.
Inspire is scheduled to present at 2:00 p.m. Eastern Time. The presentation will be accessible via a live webcast here.
A webcast replay of the presentation will be available for two weeks following the presentation in the Event Archive section of Inspire’s Investor website at https://investors.inspiresleep.com.
About Inspire Medical SystemsInspire is a medical technology company focused on the development and commercialization...
Nearly 15% of Consumers Allow Auto Insurance Coverage to Lapse as Shopping Fails to Yield Lower Rates
Written by Customer Service on . Posted in Public Companies.
New TransUnion report finds consumers also increasingly turn to insurance agents for guidance on savings
CHICAGO, May 16, 2023 (GLOBE NEWSWIRE) — Auto and property insurance shopping rates continued to rise in Q1 2023, up 7% and 10%, respectively, compared to Q1 2022. However, as shopping has increased, the number of consumers switching carriers is beginning to decrease, indicating that premiums are rising among virtually all insurers.
The findings are part of TransUnion’s (NYSE: TRU) latest quarterly Insurance Personal Lines Trends and Perspectives Report, which includes trends in the auto and property insurance industries, as well as survey data about consumers’ behaviors and attitudes.
The survey found nearly 15% of consumers owned or used a vehicle without valid coverage or had allowed their coverage to lapse within the past...
Akari Therapeutics to Participate in A.G.P.’s Virtual Healthcare Conference
Written by Customer Service on . Posted in Public Companies.
NEW YORK and LONDON, May 16, 2023 (GLOBE NEWSWIRE) — Akari Therapeutics, Plc (Nasdaq: AKTX), a late-stage biotechnology company developing advanced therapies for autoimmune and inflammatory diseases, today announced that the company will participate in Alliance Global Partners’ Virtual Healthcare Conference being held May 23-24, 2023. During the event, the Akari management team will attend 1:1 investor meetings.
About Akari Therapeutics
Akari Therapeutics, plc (Nasdaq: AKTX) is a biotechnology company developing advanced therapies for autoimmune and inflammatory diseases. Akari’s lead asset, investigational nomacopan, is a bispecific recombinant inhibitor of complement C5 activation and leukotriene B4 (LTB4) activity. Akari’s pipeline includes a Phase 3 clinical trial program investigating nomacopan for severe pediatric hematopoietic...
Cerence Ride to Bring Conversational AI Experience to Loncin Motorcycles Worldwide
Written by Customer Service on . Posted in Public Companies.
Cerence continues to grow its presence in two-wheeler market; enables Loncin Motors to export advanced, multi-language conversational AI that keeps riders safe and connected
BURLINGTON, Mass., May 16, 2023 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced Chinese OEM Loncin Motors has selected Cerence Ride to enable AI-powered voice interaction for riders of its high-end motorcycle line. With Cerence Ride, Loncin riders can stay focused on the road with their hands on the handlebars, while still staying informed, entertained and connected to their digital lives.
A global provider of two-wheelers, Loncin required a conversational AI partner who could flexibly integrate with its operating systems and ensure clear communication despite the noisy environment motorcycle riders experience on the...
FOREWARN Partners with Gulf Coast MLS
Written by Customer Service on . Posted in Public Companies.
Alabama-based Association contracts to make FOREWARN services available for its 2,200+ real estate professional Participants and Subscribers to promote proactive agent safety
BOCA RATON, Fla., May 16, 2023 (GLOBE NEWSWIRE) — FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that Gulf Coast MLS (“GCMLS”) has contracted to make FOREWARN® services available for the 2,200+ Participants and Subscribers they serve throughout Mobile and the surrounding area to promote proactive real estate agent safety.
Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with the ability to mitigate risks by verifying identity, searching for criminal histories, and validating information...