Month: May 2023

US Joint Spacer Systems Market Size to Surpass USD 73.3 Million by 2029, at a CAGR of 9.7%

Written by Customer Service on May 3, 2023. Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global US Joint Spacer Systems Market size is projected to reach USD 73.3 Million by 2029, at a CAGR of 9.7% during the forecast period Pune, India, May 03, 2023 (GLOBE NEWSWIRE) — Market Overview: According to Fortune Business Insights, US joint spacer systems market size was valued at USD 33.2 million in 2021 and is projected to grow from USD 38.4 million in 2022 to USD 73.3 million by 2029, exhibiting a CAGR of 9.7% during the forecast period. Increasing prosthetic infections and rising orthopedic implants are estimated to propel the industry growth. Fortune Business Insights™ shares this information in its report titled U.S. Joint Spacer Systems Market, 2022-2029. Key Industry DevelopmentApril 2022: Tecres S.p.A. announced its preformed Vancogenx-Space Knee ATS and...

Artificial Intelligence Market Size to Surpass USD 2,025.12 billion by 2030, exhibiting a CAGR of 21.6%

Written by Customer Service on May 3, 2023. Posted in Mergers And Acquisitions.

As per the report by Fortune Business Insights, the global artificial intelligence market size is projected to reach USD 2,025.12 billion by 2030, at a CAGR of 21.6% during the forecast period. Pune,India, May 03, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global artificial intelligence market size was valued at USD 428.00 billion in 2022 and is projected to grow from USD 515.31 billion in 2023 to USD 2,025.12 billion by 2030, exhibiting a CAGR of 21.6% during the forecast period. Artificial intelligence is the simulation of human intelligence using various machines to create intelligent software and hardware which is capable of replicating human behavior. Government initiatives and investments in AI technologies to empower enterprises and end users are expected to drive market growth. Fortune Business Insights™...

TTM Technologies, Inc. Reports Fiscal First Quarter 2023 Results

Written by Customer Service on May 3, 2023. Posted in Earnings Releases And Operating Results.

SANTA ANA, Calif., May 03, 2023 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ: TTMI), a leading global manufacturer of technology solutions including engineered systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, and printed circuit boards (“PCB”), today reported results for the first quarter fiscal 2023, which ended on April 3, 2023. First Quarter 2023 HighlightsNet sales were $544.4 million GAAP net loss of $5.8 million, or ($0.06) per diluted share Non-GAAP net income was $18.6 million, or $0.18 per diluted share Operating cash flow of $55.1 million; free cash flow of $24.4 million Paid $50 million of Term Loan B Completed sale of Shanghai BPA facilityFirst Quarter 2023 GAAP Financial Results Net sales for the first quarter of 2023 were $544.4 million, compared to $581.3 million...

Aspo Group Interim Report, January 1 to March 31, 2023: Growth and stable profitability in continuing operations

Written by Customer Service on May 3, 2023. Posted in Earnings Releases And Operating Results.

Aspo Plc Interim Report May 3, 2023, at 9:30 am Aspo Group Interim Report, January 1 to March 31, 2023 Growth and stable profitability in continuing operations Figures from the corresponding period in 2022 are presented in brackets. Aspo has established a new segment structure and the figures for the comparative periods have been restated. January–March 2023Aspo’s net sales from continuing operations increased to EUR 141.6 (128.8) million. Comparable operating profit from continuing operations was EUR 8.4 (8.7) million, and the comparable operating profit rate from continuing operations was 5.9% (6.7%). The comparable operating profit of ESL Shipping was EUR 6.0 (7.9) million, Telko EUR 2.7 (2.6) million, and Leipurin EUR 1.0 (0.1) million. Aspo’s net sales, Group total decreased to EUR 147.5 (162.6) million. Comparable...

Rovio Entertainment Corp.: Statement of the Board of Directors of Rovio Entertainment Corporation regarding the voluntary recommended cash offer by Sega Europe Limited

Written by Customer Service on May 3, 2023. Posted in Mergers And Acquisitions.

Rovio Entertainment Corporation Tender offer May 3, 2023 at 9:00 a.m. EEST Statement of the Board of Directors of Rovio Entertainment Corporation regarding the voluntary recommended cash offer by Sega Europe Limited NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH THE OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. SHAREHOLDERS AND OPTION HOLDERS IN THE UNITED STATES SHOULD ALSO REFER TO THE SECTION TITLED “INFORMATION FOR SHAREHOLDERS AND OPTION HOLDERS OF ROVIO IN THE UNITED STATES” AT THE END OF THIS RELEASE. On 17 April 2023, Sega Europe Limited (“Sega Europe” or the “Offeror”), a private limited company incorporated and existing under the laws of England and Wales, that...

QPR Software Plc Interim Report January-March 2023

Written by Customer Service on May 3, 2023. Posted in Earnings Releases And Operating Results.

QPR SOFTWARE PLC STOCK EXCHANGE RELEASE 3 May 2023, AT 9.00 AM EETQPR Software Plc interim report January-March: SaaS net sales increased by 64% and net sales by 2%. The EBITDA became positive, but the operating result was a loss. QPR Software Named Visionary in 2023 in Gartner® Magic Quadrant™ for Process Mining Tools -reportFINANCIAL DEVELOPMENT BRIEFLY JANUARY-MARCH 2023SaaS software business grew +64% Net sales amounted to EUR 2,237 thousand, an increase of 2% (January-March 2022: 2,201) EBITDA was EUR 26 thousand (-201) Operating result (EBIT) amounted to EUR -225 thousand (-472) Result before taxes was EUR -264 thousand (-483) Result was EUR -269 thousand (-380) Earnings per share was EUR -0,017 (-0,032)OUTLOOK FOR 2023 The exceptional circumstances caused by increased interest...

Wolters Kluwer First-Quarter 2023 Trading Update

Written by Customer Service on May 3, 2023. Posted in Earnings Releases And Operating Results.

Wolters Kluwer First-Quarter 2023 Trading Update Alphen aan den Rijn, May 3, 2023 – Wolters Kluwer, a global leader in professional information, software solutions and services, today releases its first-quarter 2023 trading update. HighlightsFull-year 2023 guidance reiterated. First-quarter revenues up 5% in constant currencies and up 6% organically.Recurring revenues (82%) up 7% organically; non-recurring revenues up 2% organically. Digital & services revenues (94%) grew 7% organically; print revenues declined 5% organically. Expert solutions revenues (58%) grew 7% organically.First-quarter adjusted operating profit margin decreased 270 basis points.Personnel costs and personnel-related expenses increased, as expected.First-quarter adjusted free cash flow decreased 23% in constant currencies, mainly due to lower working...

OP Financial Group’s Interim Report for 1 January–31 March 2023: Operating profit EUR 480 million – a strong capital base and good liquidity in an uncertain business environment

Written by Customer Service on May 3, 2023. Posted in Earnings Releases And Operating Results.

OP Financial GroupInterim Report 1 January–31 March 2023Stock Exchange Release 3 May 2023 at 9.00 EEST OP Financial Group’s Interim Report for 1 January–31 March 2023: Operating profit EUR 480 million – a strong capital base and good liquidity in an uncertain business environmentOperating profit (earnings before tax) was EUR 480 million (174). Income from customer business, or net interest income, insurance service result and net commissions and fees, increased by 43% to EUR 857 million (601). Net interest income grew by 84% to EUR 615 million (334). Insurance service result decreased by EUR 23 million to EUR –2 million (21). Net commissions and fees were EUR 244 million (247). Impairment loss on receivables in the income statement decreased by EUR 60 million to EUR 23 million (83). Ratio of impairment loss on receivables to loan and...

OP Corporate Bank plc’s Interim Report 1 January–31 March 2023

Written by Customer Service on May 3, 2023. Posted in Earnings Releases And Operating Results.

OP Corporate Bank plcInterim Report 1 January–31 March 2023Stock Exchange Release 3 May 2023 at 9.00am EEST OP Corporate Bank plc’s Interim Report 1 January–31 March 2023OP Corporate Bank plc’s operating profit (earnings before tax) increased to EUR 81 million (–17). Net interest income increased by 35% to EUR 127 million (94). Investment income increased by EUR 24 million to EUR 31 million (7). Net commissions and fees increased by EUR 14 million to EUR 17 million (3). Impairment loss on receivables decreased by EUR 32 million to EUR 11 million (42). Operating expenses totalled EUR 94 million (91). The loan portfolio grew by 2% year on year, to EUR 27.3 billion (26.7). The deposit portfolio decreased by 16% to EUR 12.4 billion (14.8). The Corporate Banking and Capital Markets segment’s operating profit increased to EUR 33 million...

Sydbank’s Interim Report – Q1 2023

Written by Customer Service on May 3, 2023. Posted in Earnings Releases And Operating Results.

Company Announcement No 08/20233 May 2023 Sydbank’s Interim Report – Q1 2023 Historically high income – a strong start to the year Q1 2023 – highlightsProfit for the period of DKK 734m equals a return on equity of 22.1% p.a. after tax Core income of DKK 1,635m is 36% higher compared to the same period in 2022 Trading income of DKK 117m is 17% higher compared to the same period in 2022 Costs (core earnings) of DKK 797m against DKK 799m in the same period in 2022 Core earnings before impairment of DKK 955m are 91% higher compared to the same period in 2022 Impairment charges for loans and advances etc represent an income of DKK 10m Bank loans and advances have risen by DKK 1.2bn, equal to an increase of 2% compared to year-end 2022 The CET1 ratio stands at 18.2%, equal to an increase of 0.9pp compared to year-end 2022CEO Karen Frøsig...

Month: May 2023

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