Month: May 2023
LAKEWOOD, Colo., May 25, 2023 (GLOBE NEWSWIRE) — Mesa Laboratories, Inc. (NASDAQ:MLAB), a global leader in the design and manufacturing of life science tools and critical quality control solutions, today announced results for its fourth fiscal quarter (“4Q23”) and fiscal year (“FY23”) ended March 31, 2023.
Fourth quarter highlights:Fourth quarter revenues decreased 5.6%
Fourth quarter Non-GAAP core organic revenues3decreased 1.6%
Fourth quarter operating income increased 570%
Fourth quarter Non-GAAP adjusted operating income1excluding unusual items decreased 21.1%Full FY23 highlights:FY23 revenues increased 18.8%
FY23 Non-GAAP core organic revenues growth was 5.2%
FY23 operating income decreased 29.4%
FY23 Non-GAAP adjusted operating income excluding unusual items decreased 1.7%Executive Commentary (amounts in thousands)
“Revenues...
Sono-Tek Announces Financial Results for Fiscal Year 2023; Positive Net Sales Growth Expected for Fiscal Year 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
-Backlog at February 28, 2023 Increased 60% to $8.5M Year Over Year; First Year with Several $1+Million Orders –
-Conference Call on Thursday, May 25, 2023 at 10:00am EST-
MILTON, N.Y, May 25, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for its fourth quarter and fiscal year 2023, ended February 28, 2023 (“fiscal 2023”).
Fiscal Year 2023 HighlightsBacklog at February 28, 2023, was $8.5 million, a record high and a 60% increase compared to backlog at February 28, 2022, (“fiscal 2022″). The large increase in backlog resulted from the receipt of several large orders from the clean energy sector during the year. These orders have high average selling prices and longer than typical...
CVRx to Present at the William Blair 43rd Annual Growth Stock Conference
Written by Customer Service on . Posted in Public Companies.
MINNEAPOLIS, May 25, 2023 (GLOBE NEWSWIRE) — CVRx, Inc. (NASDAQ: CVRX) (“CVRx”), a commercial-stage medical device company focused on developing, manufacturing and commercializing innovative neuromodulation solutions for patients with cardiovascular diseases, today announced that the management team will present at the William Blair 43rd Annual Growth Stock Conference on Thursday, June 8, 2023. The Company is scheduled to present at the conference at 9:20 am Central Time (10:20 am Eastern Time).
A live audio webcast of the conference presentation will be available online at the investor relations page of the Company’s website at ir.cvrx.com.
About CVRx, Inc.
CVRx is a commercial-stage medical device company focused on developing, manufacturing and commercializing innovative neuromodulation solutions for patients with cardiovascular...
Clever Leaves Partners with SOMAÍ Pharmaceuticals and Sends First Commercial Shipments to Portugal
Written by Customer Service on . Posted in Public Companies.
Multinational operator to supply pharmaceutical-grade CBD extract for European patients
TOCANCIPÁ, Colombia, May 25, 2023 (GLOBE NEWSWIRE) — Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a global medicinal cannabis company, announced today that it has entered into a five-year agreement with SOMAÍ Pharmaceuticals, to supply its operations in Portugal with EU-GMP certified CBD extracts from Colombia.
With the first shipments under the agreement already completed, Clever Leaves will continue to supply EU-GMP pharmaceutical-grade APIs and CBD extracts, produced in the Company’s facility in Colombia, to SOMAÍ for further processing into finished products for patients across Europe. Positioned to be one of the largest players in Europe’s medical cannabis market, SOMAÍ’s goal is to design new dosage forms that deliver consistent...
Nauticus Robotics to Join Russell Microcap® Index
Written by Customer Service on . Posted in Public Companies.
Nauticus to join index widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies
HOUSTON, May 25, 2023 (GLOBE NEWSWIRE) — Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of ocean robots using artificial intelligence for data collection and intervention services, is set to join the Russell Microcap® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19.
Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization...
Columbia Financial, Inc. Announces Sixth Stock Repurchase Program
Written by Customer Service on . Posted in Public Companies.
FAIR LAWN, N.J., May 25, 2023 (GLOBE NEWSWIRE) — Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”), the holding company for Columbia Bank and Freehold Bank, today announced that the Company’s Board of Directors has authorized a new stock repurchase program to acquire up to 2,000,000 shares, or approximately 1.9% of the Company’s currently issued and outstanding common stock and 6.8% of the Company’s currently issued and outstanding common stock excluding shares held by Columbia Bank, MHC.
On December 14, 2022, the Company announced its fifth stock repurchase program which authorized the purchase of up to 3,000,000 shares. The Company completed the 3,000,000 share repurchase under this plan at a cost of $57.7 million, or $19.24 per share.
The repurchase program permits shares to be repurchased in open market transactions...
POINT Biopharma Announces FRONTIER Trial-in-Progress Poster Presentation at ASCO
Written by Customer Service on . Posted in Public Companies.
PNT2004 program’s phase 1 FRONTIER trial design to be presented
Abstract to be released today at 5:00 PM ET, May 25th
Poster to be available starting at 9:00 AM ET, June 3rd
INDIANAPOLIS, May 25, 2023 (GLOBE NEWSWIRE) — POINT Biopharma Global Inc. (NASDAQ: PNT) (the “Company” or “POINT”), a company accelerating the discovery, development, and global access to life-changing radiopharmaceuticals, today announced an upcoming poster presentation for the Company’s ongoing phase 1, pan-cancer, fibroblast activation protein-α (FAP-α)-targeted trial, FRONTIER (NCT05432193), at the 2023 American Society of Clinical Oncology (ASCO) Annual Meeting, taking place June 2-6, 2023, in Chicago, IL.
The Trial-in-Progress poster will include trial background information, study design considerations, and a cohort enrollment status update.
Presentation...
The Technology House Accelerates Large-Scale Parts Production with 3D Systems’ SLA 750
Written by Customer Service on . Posted in Public Companies.
3D Systems’ SLA 750 at The Technology House
The combination of the SLA 750’s high-speed production, large build area, and broad materials portfolio is allowing The Technology House to expand the services offered to its customers.High-speed, large capacity SLA 750 enables The Technology House to help customers expand additive manufacturing applications in industrial & healthcare industries
SLA 750 is world’s fastest Stereolithography printer, helping The Technology House deliver for its customers 50% faster than with previous platformROCK HILL, S.C., May 25, 2023 (GLOBE NEWSWIRE) — 3D Systems (NYSE:DDD) today announced The Technology House (TTH), an Ohio-based contract manufacturer, has purchased an SLA 750 to enhance its manufacturing workflow. 3D Systems’ latest Stereolithography (SLA) printer offers unprecedented...
Smart for Life Announces Corporate Video with Chef Manfred Schmidtke
Written by Customer Service on . Posted in Public Companies.
Video Showcases the R&D Initiatives Behind the Company’s Proprietary Creations, Including Smart for Life’s New High Protein Ice Cream Products
MIAMI, May 25, 2023 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, announced that it has released a video interview with Chef Manfred Schmidtke, the Company’s master chef spearheading many of Smart for Life’s R&D initiatives.
“We are pleased to release our latest corporate video with Chelf Manfred Schmidtke,” stated Darren Minton, Smart for Life’s Chief Executive Officer. “Manfred has been an indispensable member of Smart for Life well before our company went public on Nasdaq. He has been working with...
RDE, Inc. Upgrades to New Payment Processor
Written by Customer Service on . Posted in Public Companies.
Already Led to Substantial Improvements in Key Performance Indicators
ATLANTA, GA, May 25, 2023 (GLOBE NEWSWIRE) — RDE, Inc. (OTCQB: RSTN) (the “Company”), the owner and operator of Restaurant.com, the nation’s largest restaurant-focused digital deals brand, today announced an upgrade to a new payment processor, which significantly upgrades its payment processing capabilities, offering an enhanced, seamless, and secure checkout experience for its customers.
The new partnership is with a globally renowned payment processor, known for its industry-leading technology, commitment to security, user-friendly interface, and their extensive experience in optimizing transaction processes. Through these improvements, Restaurant.com has greatly advanced its risk management capabilities, leading to a marked reduction in fraudulent transactions...