Month: May 2023

Live Ventures Reports Fiscal Second Quarter 2023 Financial Results

Written by Customer Service on May 11, 2023. Posted in Public Companies.

LAS VEGAS, May 11, 2023 (GLOBE NEWSWIRE) — Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal second quarter ended March 31, 2023. Fiscal Second Quarter 2023 Key Highlights:Revenues were $91.1 million, as compared with $69.7 million, an increase of 30.7% over the prior year period Adjusted EBITDA¹ was $9.2 million, as compared with $10.3 million in the prior year period Net income was $1.6 million and diluted earnings per share (“EPS”) were $0.49 per diluted share, as compared with $15.4 million and diluted EPS of $4.84 per diluted share in the prior year period. Prior year period included a benefit of approximately $11.4 million or $3.58 per diluted share for a gain on bankruptcy settlement Stockholders’ equity of $103.2...

Comera Life Sciences Reports Financial Results for First Quarter 2023 and Recent Business Highlights

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

– Significant progress in Comera’s ongoing research collaboration with Regeneron, a leading U.S. biotechnology company – – Further development of Comera’s pipeline candidate CLS-001 (SQ vedolizumab), highlighted by identification of a lead formulation – – Expanded Comera’s patent portfolio, broadening geographic coverage as well as scope of claims for core SQore™ excipient technology – WOBURN, Mass., May 11, 2023 (GLOBE NEWSWIRE) — Comera Life Sciences Holdings, Inc. (Nasdaq: CMRA), a life sciences company developing a new generation of bio-innovative biologic medicines to improve patient access, safety, and convenience, today reported financial results for the first quarter ended March 31, 2023, and provided a business update. “Comera continued to execute on its core value drivers, including significant advancement of...

NETSOL Technologies Reports Fiscal Third Quarter 2023 Financial Results

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

Net Revenue for the Quarter was $13.5 Million; $14.1 Million on a Constant Currency BasisExpansion into North America Market on Track; Establishing Client Support and ‘Center of Excellence’ Facility in Austin, TX to Grow Revenues and Customer BaseRecurring Revenue (SaaS and Support) of $6.7 Million; $6.8 Million on a Constant Currency Basis; Expect Fiscal 2023 Annual Recurring Revenue (SaaS and Support) of over $25 millionStrategic Business and Cost Transformation in Place; 20-25% Reduction in Headcount and Significant Total Savings ExpectedIntegrating Generative AI and Machine Learning Capabilities into NETSOL Products through AWS Partnership$15.3 Million in Cash and $3.63 per Share in Shareholders’ Equity at March 31, 2023ENCINO, Calif., May 11, 2023 (GLOBE NEWSWIRE) — NETSOL Technologies, Inc. (Nasdaq: NTWK),...

Unrivaled Brands Reports First Quarter 2023 Financial Results

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

Company Reports Second Consecutive Quarter of Net Income and Positive EBITDA SANTA ANA, Calif., May 11, 2023 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled” or the “Company”), a cannabis company with operations throughout California, today reported financial results for its fiscal first quarter ended March 31, 2023. First Quarter 2023 HighlightsRevenue for the quarter ended March 31, 2023 remained consistent with the prior quarter at $8.7 million. Revenue for the quarter ended March 31, 2023 was driven by our four retail stores and sales of our in-house cultivated flower and Korova-branded products.While revenues for the quarter ended March 31, 2023 remained consistent quarter-over-quarter, gross margin increased to 48% for the quarter ended March 31, 2023 as compared to 44% during...

Cullinan Metals Announces Completion of Airborne Geophysical Survey at Lac-des-Iles West Graphite Project

Written by Customer Service on May 11, 2023. Posted in Public Companies.

Figure 1 Survey flight lines dimensionsVANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) — Cullinan Metals Corp. (CSE: CMT)(OTCQB: CMTNF) (“Cullinan” or the “Company”) is pleased to announce the successful completion of geophysical surveys at the Lac-des-Isles West graphite project. Airborne magnetic (MAG) and time-domain electromagnetic (TDEM) geophysical surveys were conducted over the Property by Prospectair Geosurveys, a leading provider of airborne geophysics services. The Lac-Des-Iles property consists of 43 mineral claims in one contiguous block covering approximately 2,276 hectares land, near the town of Mont-Laurier in southern Québec. The claims are located adjacent to the north and west of the Lac des Iles Graphite Mine (LDI mine) previously owned by Imerys Graphite and Carbon, which has been in operation...

Tracy Robinson and CN Leaders to Address Investor Conferences on May 17 and 18

Written by Customer Service on May 11, 2023. Posted in Public Companies.

MONTREAL, May 11, 2023 (GLOBE NEWSWIRE) — Tracy Robinson and CN leaders (TSX: CNR) (NYSE: CNI), to address upcoming conferences:Tracy Robinson, President and Chief Executive Officer of CN (TSX: CNR) (NYSE: CNI), will address the RBC Capital Markets Canadian Automotive, Industrials and Transportation Conference on May 17, 2023 at 8:30 a.m. Eastern Time (ET); Ghislain Houle, Executive Vice-President and Chief Financial Officer and Ed Harris, Executive Vice-President and Chief Operating Officer of CN (TSX: CNR) (NYSE: CNI), will address the Bank of America’s 2023 Transportation, Airlines and Industrials Conference on May 18, 2023 at 8:40 a.m. Eastern Time (ET).CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available following the event. About CNCN...

Arteris Selected by BOS Semiconductors for Next-Generation Automotive Chips

Written by Customer Service on May 11, 2023. Posted in Public Companies.

The silicon-proven network-on-chip system IP and SoC integration technology enables the design of highly optimized, efficient and customized SoCs for the automotive sector CAMPBELL, Calif., May 11, 2023 (GLOBE NEWSWIRE) — Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced that BOS Semiconductors has licensed Arteris products for next-generation automotive SoCs. Arteris FlexNoC interconnect IP will be used as the communication backbone, coupled with the Magillem Gold Suite for SoC integration automation. Arteris products will help to ensure that BOS Semiconductors achieves optimized power, performance and reduced area for autonomous driving, HPC and gateway SoC automotive designs. BOS Semiconductors is a global fabless company with deep roots in the semiconductor...

Olema Oncology Announces OP-1250 Continues to Demonstrate Attractive Combinability with CDK4/6 Inhibitor Palbociclib in Phase 1b/2 Study

Written by Customer Service on May 11, 2023. Posted in Public Companies.

OP-1250 in combination with palbociclib was well-tolerated in patients with ER+/HER2- metastatic breast cancer, with no dose-limiting toxicities, and no observed drug-drug interaction Overall tolerability profile of the combination is consistent with the FDA-approved label of palbociclib plus an endocrine agent Tumor responses have been observed in patients previously treated with CDK4/6 inhibitorsSAN FRANCISCO, May 11, 2023 (GLOBE NEWSWIRE) — Olema Pharmaceuticals, Inc. (“Olema”, “Olema Oncology”, or the “Company”, Nasdaq: OLMA) today announced interim results from an ongoing Phase 1b/2 clinical study of OP-1250, the Company’s complete estrogen receptor (ER) antagonist (CERAN) and selective ER degrader (SERD), in combination with palbociclib, a CDK4/6 inhibitor, for the treatment of ER+/HER2- metastatic breast cancer. These...

Astrotech Reports Third Quarter of Fiscal Year 2023 Financial Results

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

AUSTIN, Texas, May 11, 2023 (GLOBE NEWSWIRE) — Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) reported its financial results for its third quarter of fiscal year 2023, which ended March 31, 2023. Financial Highlights & Recent Developments Astrotech’s consolidated balance sheet remains strong with $44.1 million in cash and liquid investments. Year-to-date revenue totaled $336 thousand and was generated by sales of TRACER 1000™ explosive trace detector (ETD), as well as recurring maintenance services and sales of consumables for the TRACER 1000. The decrease in revenue from the prior fiscal year is primarily the result of the long sales cycle for many of the ETD orders. Year-to-date gross margin increased to 37% from 22%, an increase of 68%, for fiscal year 2023, compared to fiscal year 2022, due...

Remote Monitoring and Control Solutions Provider Acorn Trims Q1 Net Loss with Higher Gross Profit

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

Dial-in: 1-844-834-0644 for Investor Call Today at 11am ET WILMINGTON, Del., May 11, 2023 (GLOBE NEWSWIRE) — Acorn Energy, Inc. (OTCQB: ACFN), a provider of remote monitoring and control solutions for stand-by power generators, gas pipelines, air compressors and other critical industrial equipment, announced results for its first quarter ended March 31, 2023 (Q1’23). An increase in higher-margin monitoring revenue offset a decrease in hardware revenue, generating greater gross profit and a meaningful reduction in Acorn’s Q1’23 net loss vs. Q1’22. Acorn will host a conference call today at 11:00 a.m. ET to review its results, its outlook and to answer investor questions (call details below). Summary Financial Results – GAAP($ in thousands)($ in thousands) Q1’23 Q1’22 % Chg.Hardware revenue $ 725 $ 761 -4.7 %Monitoring...

Month: May 2023

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