Month: May 2023

Fresh Vine Wine Provides First Quarter Fiscal 2023 Business Update

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

New Leadership Refreshing Strategy and Direction Laser-Focused on Accelerating Sales Growth New Marketing Strategy will Leverage Extensive Platform, Award-Winning Wines, Growing National Brand Recognition and Celebrity Endorsements to Increase Sales Across Wholesale, Retail, Online and DTC Channels MINNEAPOLIS, May 22, 2023 (GLOBE NEWSWIRE) — Fresh Vine Wine, Inc. (NYSE American: VINE), the leading producer of premium lower carb, lower sugar, and lower calorie wines in the United States, today provided a business update and reported its financial results for the three months ending March 31, 2023. The Company reported continued progress over the first three months of 2023, adding new wholesale and retail points of distribution while continuing to aggressively market through its online and direct-to-consumer channels (DTC). On...

Smart for Life Announces Q1 2023 Financial Results and Provides Business Update

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

MIAMI, May 22, 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, today provided a business update and reported financial results for the three months ended March 31, 2023. “We continue to leverage our buy-and-build M&A strategy that is focused on both vertical and horizontal integration, as well as focusing on our manufacturing capabilities and developing proprietary products as part of our organic growth initiatives,” stated Darren Minton, Smart for Life’s Chief Executive Officer. “Towards that end, we recently announced that we have launched an innovative line of proprietary and healthy high protein ice cream bars, representing a completely...

CSX and SMART-TD CSRA Union Reach Tentative Agreement on Paid Sick Leave

Written by Customer Service on May 22, 2023. Posted in Public Companies.

JACKSONVILLE, Fla., May 22, 2023 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) today announced that it has reached a tentative agreement with the Sheet Metal, Air, Rail and Transportation Workers-Transportation Division CSRA (SMART-TD CSRA) to provide paid sick leave benefits. SMART-TD CSRA represents trainmen, conductors and yardmen on territories of the former A&WP, WSSB, L&N, NC&STL and SCL railroads. The SMART-TD CSRA agreement, which is pending ratification by union members, marks the 10th such agreement CSX has reached with its union-represented employees since February. A majority of the company’s unionized workers now have paid sick leave benefits. “The constructive cooperation that has enabled this initiative to move forward is a credit to the willingness of our union organizations to engage with CSX and recognize...

Endexx Announces Record Fiscal Second Quarter 2023

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

Endexx Consolidated Q2 Year-over-Year Quarterly Sales Increased 865% CAVE CREEK, AZ, May 22, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx® Corporation (OTC: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced the filing of its Form 10-Q for its second quarter ending March 31, 2023. Endexx reported the consolidated second quarter unaudited revenue has grown 865% “Year-over-Year” (YOY) from USD $254,686 in the second quarter of last fiscal year to USD $2,457,354 in the second quarter of the current fiscal year, a $2,202,668 (865%) increase. The Q2 unaudited consolidated financial statement, including Hyla™ and CBD Unlimited™, reports that revenue has grown nearly 9x. The strength of international and domestic sales of Hyla’s organically processed, plant-based, all-natural,...

Yotta Acquisition Corporation Announces Extension of Combination Period and Additional Contribution to Trust Account to Extend Combination Period

Written by Customer Service on May 22, 2023. Posted in Mergers And Acquisitions.

NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) — Yotta Acquisition Corporation (NASDAQ: YOTA, the “Company”), a special purpose acquisition company, announced today that Yotta Investment LLC, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $120,000, in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from May 22, 2023 to June 22, 2023. The Company issued a promissory note to Sponsor in the aggregate principal amount of $200,000. The promissory note bears no interest and matures upon the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination. About Yotta Acquisition Corporation Yotta...

Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2024

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

First quarter total revenue of $1,105.4 million, up 3% year over year as reported and 5% in constant currency First quarter Enterprise revenue of $632.0 million, up 13% year over year First quarter GAAP operating margin of 0.9% and non-GAAP operating margin of 38.2% Number of customers contributing more than $100,000 in trailing 12 months revenue up 23% year over yearSAN JOSE, Calif., May 22, 2023 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2023. “The Zoom platform is designed to support limitless human connection to empower the modern workday and strengthen customer relationships. Our customers see Zoom as mission-critical in how they collaborate internally and externally across the globe,” said Eric S. Yuan, Zoom Founder...

ToughBuilt Industries Announces First Quarter 2023 Results

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

Revenue increased 17% year-over-year to $20.2 million. Gross profit increased 18% year-over-year to $3.6 million. Net loss improved 31%, from $12.1 in Q1 2022 to $8.3 million in Q1 2023 for common shareholders.IRVINE, Calif., May 22, 2023 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), reported today their financial results for the first fiscal quarter of the year, ended March 31, 2023. Financial Highlights for the Quarter Ended March 31, 2023:Revenues increase approximately 17% from 17.2 million for Q1 2022 to approximately $20.2 million for Q1 2023. This increase in revenue was due primarily to increased marketplace penetration of ToughBuilt products, and a combination of recurring sales and new orders from new and existing customers. Additionally, first quarter 2023 Amazon.com...

Oncorus Reports First Quarter 2023 Financial Results and Provides Business Updates

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

IND submission for ONCR-021 still planned for mid-2023, subject to receipt of additional funding Ended the quarter with $45.0 million in cash, cash equivalents and investmentsANDOVER, Mass., May 22, 2023 (GLOBE NEWSWIRE) — Oncorus, Inc. (Nasdaq: ONCR), an RNA medicines company focused on developing intravenously administered, self-amplifying RNA to transform outcomes for cancer patients, today reported first quarter financial results and provided an update on its business. “Oncorus is pioneering a first-of-its-kind, self-amplifying RNA platform with an exciting lead program, ONCR-021, with plans to submit an IND with the FDA in mid-2023,” said Theodore (Ted) Ashburn, M.D., Ph.D., President and Chief Executive Officer of Oncorus. “Our exceptional team continues to drive our mission of realizing the full promise...

HeartCore Reports Strong First Quarter 2023 Financial Results

Written by Customer Service on May 22, 2023. Posted in Earnings Releases And Operating Results.

-Company’s Q1 2023 Revenue Nearly Exceeds its Full Year 2022 Revenue-Company’s Q1 2023 Net Income Exceeds its Full Year 2022 Net Income NEW YORK and TOKYO, May 22, 2023 (GLOBE NEWSWIRE) — HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading software development company offering Customer Experience Management Platform (“CXM Platform”) and Digital Transformation (“DX”), reported financial results for the first quarter ended March 31, 2023. First Quarter 2023 and Recent Operational HighlightsGrew total number of global enterprise customers to 916 as of March 31, 2023. Signed tenth Go IPO consulting service agreement with rYojbaba Inc. Integrated ChatGPT, a natural language artificial intelligence model, with HeartCore CMS to support automatic content creation for websites. Partnered with Works Applications...

Covenant Logistics Group Announces Quarterly Cash Dividend

Written by Customer Service on May 22, 2023. Posted in Dividend Reports And Estimates.

CHATTANOOGA, Tenn., May 22, 2023 (GLOBE NEWSWIRE) — Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on June 2, 2023 and is expected to be paid on June 30, 2023. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company’s board of directors. The actual declaration of future cash dividends, and the establishment of record and payment dates is subject to final determination by the board of directors each quarter. About CovenantCovenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout...

Month: May 2023

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals