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Day: June 5, 2023

Microchip Technology to Present at the Stifel 2023 Cross Sector Insight Conference

CHANDLER, Ariz., June 05, 2023 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Stifel 2023 Cross Sector Insight Conference on Tuesday, June 6 at 8:00 a.m. (Eastern Time). Presenting for the Company will be Mr. Steve Sanghi, Executive Chairman, and Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentation will be made available by Stifel, and can be accessed on the Microchip website at www.microchip.com. Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC’s...

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Microchip Technology to Present at the B of A Securities 2023 Global Technology Conference

CHANDLER, Ariz., June 05, 2023 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the B of A Securities 2023 Global Technology Conference on Tuesday, June 6 at 8:40 a.m. (Pacific Time). Presenting for the Company will be Mr. Ganesh Moorthy, Chief Executive Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by B of A, and can be accessed on the Microchip website at www.microchip.com. Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings. Copies of SEC filings...

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Greystone Housing Impact Investors LP Issues 1,000,000 Series A-1 Preferred Units

OMAHA, Neb., June 05, 2023 (GLOBE NEWSWIRE) —  Greystone Housing Impact Investors LP (NYSE: GHI) (“the Partnership”) announced today that on June 2, 2023 the Partnership executed a Subscription Agreement to issue 1,000,000 Series A-1 Preferred Units representing limited partnership interests in the Partnership (the “Series A-1 Preferred Units”) to a financial institution, resulting in $10,000,000 in new aggregate proceeds to the Partnership. The stated value of the newly issued Series A-1 Preferred Units is $10,000,000. The Series A-1 Preferred Units were issued in accordance with the Partnership’s existing “shelf” registration statement on Form S-3 (Reg. No. 333-259203) for the issuance of up to 3,500,000 of Series A-1 Preferred Units. The Series A-1 Preferred Units are a non-cumulative, non-convertible, and non-voting class of...

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Nuwellis Announces the Appointment of Mike McCormick to its Board of Directors

MINNEAPOLIS, June 05, 2023 (GLOBE NEWSWIRE) — Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of patients suffering from fluid overload, today announced that Mike McCormick has been appointed to the company’s Board of Directors. Mr. McCormick’s vast experience includes more than 25 years of service in the medical device industry through varying leadership roles for several private and publicly traded companies. Mr. McCormick will also serve as Lead Independent Director and serve as a member of the Audit Committee and as Chair of the Nominating and Corporate Governance Committee of the Board. “We are delighted to welcome Mike to Nuwellis’ Board of Directors. His deep experience as an executive in the medical technology field brings tremendous value to our leadership team,” said Nestor...

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U.S. Energy Corp. Announces Appointment of New Chief Financial Officer

HOUSTON, June 05, 2023 (GLOBE NEWSWIRE) — U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) today announced that Mark Zajac has been appointed Chief Financial Officer (“CFO”), effective June 1, 2023. Mr. Zajac brings 30 years of leadership experience across energy and finance, primarily as a Partner and national industry leader with KPMG. “I look forward to welcoming Mark to the U.S. Energy team,” said Ryan Smith, President and Chief Executive Officer of U.S. Energy. “Mark’s expertise as a seasoned financial leader with deep experience in both the overall energy sector and in public accounting will serve us well as we continue working towards executing the Company’s strategic goals. He has a breadth of experience in building impactful teams and relationships that will help continue developing...

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JOANN Announces First Quarter Fiscal 2024 Results and Provides Full Year Outlook

Cash used for operations improved $88.4 million and free cash flow increased $89 million year over year Net sales totaled $478.1 million 52.1% gross margin on a GAAP basis, a 380-basis point year-over-year improvement Identified $200 million in targeted annual cost reductions under Focus, Simplify and Grow initiativeHUDSON, Ohio, June 05, 2023 (GLOBE NEWSWIRE) — JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in fabric and sewing with one of the largest assortments of arts and crafts products, today reported results for its first quarter of fiscal year 2024 which ended April 29, 2023. Chris DiTullio, JOANN’s Chief Customer Officer and co-lead of the Interim Office of the CEO commented, “Our focus in fiscal year 2024 is to deliver significant cash flow improvement and emphasize the fundamentals that have made...

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GitLab Reports First Quarter Fiscal Year 2024 Financial Results

Quarterly revenue of $126.9 million, up 45% year-over-year Fiscal First Quarter Highlights:Total revenue of $126.9 million GAAP operating margin of (46)%; Non-GAAP operating margin of (12)% GAAP net loss per share of $(0.35); Non-GAAP net loss per share of $(0.06)SAN FRANCISCO, June 05, 2023 (GLOBE NEWSWIRE) — All-Remote – GitLab Inc. (NASDAQ: GTLB), The DevSecOps Platform, today reported financial results for its first quarter fiscal year 2024, ended April 30, 2023. “With AI revolutionizing how companies develop, secure, and operate software, we believe GitLab is positioned as the leading AI-powered DevSecOps platform,” said Sid Sijbrandij, GitLab CEO and Co-Founder. “Today, we deliver more AI-powered capabilities to customers than any other DevSecOps platform. Our vision builds on that foundation to encompass the full...

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HealthEquity Reports First Quarter Ended April 30, 2023 Financial Results

Highlights of the first quarter include:Revenue of $244.4 million, an increase of 19% compared to $205.7 million in Q1 FY23. Net income of $4.1 million, compared to net loss of $13.6 million in Q1 FY23, with non-GAAP net income of $42.8 million, an increase of 89% compared to $22.7 million in Q1 FY23. Net income per diluted share of $0.05, compared to net loss per diluted share of $0.16 in Q1 FY23, with non-GAAP net income per diluted share of $0.50, compared to $0.27 in Q1 FY23. Adjusted EBITDA of $86.6 million, an increase of 48% compared to $58.3 million in Q1 FY23. 8.0 million HSAs, an increase of 9% compared to Q1 FY23. Total HSA Assets of $22.3 billion, an increase of 10% compared to Q1 FY23. 15.0 million Total Accounts, including both HSAs and complementary CDBs, an increase of 4% compared to Q1 FY23.DRAPER, Utah, June 05,...

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Andes Technology Showcases Pioneering RISC-V CPU IP Solutions at RISC-V Summit Europe

Discover the Future of CPU Technology and the RISE project at Andes’ Exhibition Display in Booth 14 Barcelona, Spain , June 05, 2023 (GLOBE NEWSWIRE) — Andes Technology Corporation (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099), a leading provider of high efficiency, low-power 32/64-bit RISC-V processor cores and a Founding Premier member of RISC-V International, is pleased to announce its diamond sponsor participation in the prestigious RISC-V Summit Europe. This premier event, taking place from June 5 to 8, 2023 in Barcelona, Spain, will feature Andes as a key contributor, presenting a keynote speech, poster publication, and participation in an automotive panel discussion. Additionally, Andes will be showcasing its cutting-edge RISC-V CPU IP solutions at booth #14. Join Dr. Charlie Su, President and CTO of Andes, as...

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Death of the Founder of Abcourt

ROUYN-NORANDA, Quebec, June 05, 2023 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) regrets to announce the death of the founder of Abcourt, Renaud Hinse. Mr. Hinse created Abcourt in 1979 and served as president and chief executive officer until April 2022. He was still a director of the Corporation at the time of his death, last Friday. Throughout these years, Mr. Hinse has been entirely dedicated to the Corporation, putting to good use his professional qualifications as a mining engineer, his vast experience in the mining field in which he has worked for more than 50 years, dedicating his time and energy to advance Abcourt’s projects. He participated in bringing the Elder mine into production and in the acquisition of the Sleeping Giant mining project and plant and the neighboring...

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