Day: June 13, 2023

DAVIDsTEA Reports Financial Results for First Quarter of Fiscal 2023

Written by Customer Service on June 13, 2023. Posted in Earnings Releases And Operating Results.

Sales of $14.3 million Net loss of $2.0 million SG&A expenses down 21.9% year-over-year to $7.9 million Series of value creation initiatives planned to drive sales growth Order fulfillment activities to be taken in-house for enhanced consumer experienceMONTREAL, June 13, 2023 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its first quarter results for the period ended April 29, 2023. “We are encouraged by the early results of our cost-containment plan, although consumer confidence continued to be dampened by challenging economic conditions in the first quarter of fiscal 2023,” said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA. “SG&A expenses in the first quarter decreased nearly 22% year-over-year...

Accolade to Announce Fiscal First Quarter 2024 Financial Results

Written by Customer Service on June 13, 2023. Posted in Public Companies.

SEATTLE, June 13, 2023 (GLOBE NEWSWIRE) — Accolade, Inc. (NASDAQ: ACCD), a healthcare provider that serves millions of members, today announced that it will release fiscal first quarter 2024 financial results on Thursday, June 29, 2023, after the market closes. In conjunction, the company will host a conference call to review results at 4:30 p.m. E.T. on the same day. Conference Call Details To Listen via Telephone: Pre-registration is required by the conference call operator. Please pre-register by clicking here (https://register.vevent.com/register/BI923dbf9312d54b2da4cc7883c77e68c9). Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. To Listen via Internet: The conference call can be accessed via a live audio webcast that will be available online at http://ir.accolade.com . Replay: A replay...

Veteran Elite Drone Training Services Selects Draganfly to Offer Enhanced Drone Pilot Training to Canadian Veterans

Written by Customer Service on June 13, 2023. Posted in Public Companies.

Draganfly will support Canadian veterans by providing them with drone training that will enable them to obtain the necessary certifications. Los Angeles, CA., June 13, 2023 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions, and systems developer, is pleased to announce that Draganfly has been selected by Veterans Elite Drone Training Services (“VEDTS”) to provide enhanced drone pilot training to Canadian veterans for a period of one year, with the option for renewal up to two years. VEDTS is dedicated to supporting Canadian veterans by providing comprehensive pilot training in drone technology. This partnership will offer an immersive and cutting-edge online virtual ground course for veterans enrolled in VEDTS where they will...

Virtualware’s VIROO set to support Mixed Reality capabilities upon its new release

Written by Customer Service on June 13, 2023. Posted in Public Companies.

BILBAO, Spain, June 13, 2023 (GLOBE NEWSWIRE) — Spanish listed company Virtualware (EPA:MLVIR), a global leader in immersive technology solutions, today announced its readiness to support mixed reality (MR) capabilities on its VIROO 2.4 release coming in July. The version 2.4 of VIROO boasts the capacity to blend VR and AR/MR technologies within its sessions, creating a seamless experience with multiple users connected from various locations and using different devices, offering a true cross-platform interoperability. This remarkable feature is already operational with HTC’s VIVE XR ELITE and will extend for every pass-through capable headset including PICO XR headsets, Meta Quest 3, and will explore the future capabilities of the coming Apple’s Vision Pro, enabling users to take full advantage of this innovative technology. “With...

Limitless X CEO Jas Mathur Receives Championship Belt from the World Boxing Council (WBC)

Written by Customer Service on June 13, 2023. Posted in Public Companies.

Limitless X Inc. Jas MathurCEO of Limitless X Jas Mathur receives the Championship Belt Presented by Floyd Mayweather and Mauricio Sulaimán, President of WBCCEO of Limitless X Jas Mathur receives the Championship Belt Presented by Floyd Mayweather and Mauricio Sulaimán, President of WBC LOS ANGELES, June 13, 2023 (GLOBE NEWSWIRE) — Limitless X Inc., (OTCQB: VYBE) (“the Company”), a creative and empowering lifestyle agency, today announced that its Chief Executive Officer, Jas Mathur has been presented with the World Boxing Council’s (WBC) “Championship Freedom Belt” by Floyd Mayweather and Mauricio Sulaimán, President of WBC. Entrepreneur, philanthropist and founder, chairman, and CEO of private equity firm Vista Equity Partners Robert F. Smith, was also a recipient of the same award. This remarkable...

Oil & Gas Fabrication Market Size to Hit USD 6.93 Billion, Globally, by 2029 at a CAGR of 4.7%

Written by Customer Service on June 13, 2023. Posted in Mergers And Acquisitions.

Global Oil & Gas Fabrication Market to Experience 4.7% CAGR During 2022-2029; Increasing Oil & Gas Production to Augment Growth. Pune, India, June 13, 2023 (GLOBE NEWSWIRE) — The global oil & gas fabrication market size was worth USD 4.86 billion in 2021. The market value is slated to rise from USD 5.03 billion in 2022 to USD 6.93 billion by 2029 at 4.7% CAGR during the forecast period. The infrastructure of the oil & gas industry is complex. An oil rig or platform is a large structure with facilities for drilling wells and extracting and processing oil and natural gas. Some of these oil platforms even have facilities to house workers. There are different oil platforms such as fixed platforms, semi-submersible platforms, compliant towers, and others. All of these structures are built on steel legs. Fortune Business...

Whitestone REIT Acquires Arcadia Towne Center

Written by Customer Service on June 13, 2023. Posted in Mergers And Acquisitions.

Arcadia Towne Center Whitestone REIT Acquires Arcadia Towne Center in Phoenix, AZHOUSTON, June 13, 2023 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of Arcadia Towne Center in Phoenix, Arizona for $25.3 million. Arcadia is an affluent neighborhood surrounded by Camelback, Scottsdale, Paradise Valley and Tempe. The center expands Whitestone’s footprint into prime Phoenix submarkets and is anchored by a top performing Safeway. The Safeway, with sales placing it within the top 10% of Arizona Safeways, is not part of the acquisition, but acts as a strong shadow anchor for the center. This will allow Whitestone to focus on aligning the non-anchor tenants to meet the needs of the surrounding community with service-oriented businesses.Whitestone anticipates funding...

Predictive Automobile Technology Market Size to Hit USD 118.10 Billion, Globally, by 2030 at a CAGR of 9.1%

Written by Customer Service on June 13, 2023. Posted in Mergers And Acquisitions.

Global Predictive Automobile Technology Market to Grow at 9.1% CAGR over 2023 to 2030; Passenger Cars to Record Substantial Demand Impelled by Rising Popularity of Next-Gen Vehicles Pune, India., June 13, 2023 (GLOBE NEWSWIRE) — The global predictive automobile technology market size was worth USD 60.96 billion in 2022. The market value is slated to rise from USD 64.26 billion in 2023 to USD 118.10 billion by 2030 at 9.1% CAGR during the forecast period. The surge is due to the growing demand for efficient, comfortable, and safe transportation. Predictive technology deploys numerous sensors for tracking real-time and historical data on driver & vehicle behaviour by leveraging Machine Learning (ML) and Artificial Intelligence (AI). This information is provided by Fortune Business Insights™ in its research report, titled...

Biochar Market Size Worth USD 450.58 Million, Globally, by 2030 at a CAGR of 11.9%

Written by Customer Service on June 13, 2023. Posted in Mergers And Acquisitions.

Biochar Market to Experience a Healthy CAGR of 11.9% during 2023-2030; Growing Demand for Climate Smart Agriculture to Increase Soil Fertility to Boost Development: Fortune Business Insights Pune, India, June 13, 2023 (GLOBE NEWSWIRE) — The global biochar market size was worth USD 184.90 million in 2022. The market value is slated to rise from USD 204.69 million in 2023 to USD 204.69 million by 2030 at 11.9% CAGR during the forecast period. Government policies for environment protection to drive the market growth. Biochar is a charcoal-like material produced from plant materials such as agricultural and forest residues and grass that decay at high temperatures, often during renewable energy production. During the process, the chemical and physical properties of the plant material change into a carbon-rich material, highly porous,...

Two-Wheeler Market Size to Hit USD 181.11 Billion, Globally, by 2030 at a CAGR of 6.8%

Written by Customer Service on June 13, 2023. Posted in Mergers And Acquisitions.

Global Two-wheeler Market to Record 6.8% CAGR during 2023-2030; Growing Urbanization and Rising Traffic Congestion to Aid Market Growth Pune, India., June 13, 2023 (GLOBE NEWSWIRE) — The global two-wheeler market size was worth USD 108.58 billion in 2022. The market value is slated to rise from USD 114.46 billion in 2023 to USD 181.11 billion by 2030 at 6.8% CAGR during the forecast period. Rising inflation and growing prices of crude oil worldwide have boosted the adoption of electric vehicles. Electric two-wheelers are a great alternative to their traditional counterparts when it comes to city commuting as they have low operational costs and are a green way to travel. This information is provided by Fortune Business Insights, in its report titled, “Two-Wheeler Market, 2023-2030.” Notable Industry Development: January 2023:...

Day: June 13, 2023

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