Month: May 2023

BEIJING, May 16, 2023 (GLOBE NEWSWIRE) — iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 HighlightsTotal revenues were RMB8.3 billion (US$1.2 billion1), increasing 15% year over year. Operating income was RMB858.6 million (US$125.0 million) and operating income margin was 10%, compared to operating income of RMB93.4 million and operating income margin of 1% in the same period in 2022. Non-GAAP operating income2 was RMB1.0 billion (US$150.6 million) and non-GAAP operating income margin was 12%, compared to non-GAAP operating income of RMB326.6 million and non-GAAP operating income margin of 4% in the same period in 2022. Net...

An earlier version of this press release was missing the hyper link to our final Q1 Report as posted this morning on the CoinShares website. This corrected version of the press release now contains that link and the Q1 Earnings Report attached. Q1 2023 has seen a return to profitability in a challenging environment, demonstrating the robust nature of the Group’s underlying business model. 16th May 2023 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Company”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading European digital asset manager, has today published its results for the quarter ending 31st March 2023. Jean-Marie Mognetti, Chief Executive Officer of CoinShares said: “I’m pleased to announce that Q1 2023 has underscored CoinShares’ robust resilience and adaptability. The financial...

Q1 2023 has seen a return to profitability in a challenging environment, demonstrating the robust nature of the Group’s underlying business model. 16th May 2023 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Company”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading European digital asset manager, has today published its results for the quarter ending 31st March 2023.    Jean-Marie Mognetti, Chief Executive Officer of CoinShares said: “I’m pleased to announce that Q1 2023 has underscored CoinShares’ robust resilience and adaptability. The financial landscape has been riddled with obstacles this quarter, yet, CoinShares has emerged not just unscathed, but stronger. Looking ahead, I remain optimistic about our industry and CoinShares’ place within it.”   Q1 2023 financial highlights...

Company announcement no. 10/2023 New customer wins boost Q1 efficiency and earnings“Our unwavering focus on improving efficiency, improved project quality and cross sales is now reflected in the significantly improved EBITDA margin of 10%. We delivered a solid result in Q1 2023, and we have a positive view of the development with a strong pipeline and order backlog,” says CEO & President, Søren Krogh Knudsen Q1 2023 highlightsRevenue growth of 7% amounting to DKK 391m. 12% growth in constant currencies EBITDA amounts to DKK 39m, and an EBITDA margin of 10% compared to 8% in Q1 2022 Efficiency of 67% in Q1 2023, a 5 percentage point increase compared to Q1 2022 Acquisition of ICY Security ApS, to be fully consolidated from 1 April 2023.Service revenue split on Business LinesDKK ´000 Q1 2023 Q1 2022 ∆%       Dynamics 196,380 182,004 7.9%M3 80,595 82,155 -1.9%Digital...