Month: July 2023

TFI International Completes Previously Announced STG Acquisition

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

MONTREAL, July 13, 2023 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of Siemens Transportation Group (“STG”), a family-owned business providing a total supply chain solution spanning North America, that now operates within TFI International’s Less-Than-Truckload segment. ABOUT TFI INTERNATIONAL TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries. TFI International creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned operating subsidiaries. Under the TFI International umbrella, companies...

Rocky Mountain Chocolate Factory Reports Fiscal First Quarter 2024 Financial Results

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

– Company Makes Progress on its Three Strategic Pillars, Including $700K in Executed Annual Cost Savings, Sale of Non-Core Frozen Yogurt Business and New Revenue Enhancing Logistics Partnership – – Company to Host Conference Call Today at 5:00 p.m. ET – DURANGO, Colo., July 13, 2023 (GLOBE NEWSWIRE) — Rocky Mountain Chocolate Factory, Inc. (Nasdaq: RMCF) (the “Company”, “we” or “RMCF”), an international franchisor and processor of premium chocolates and other confectionary products, is reporting financial and operating results for the three months ended May 31, 2023. The Company will host a conference call today at 5:00 p.m. Eastern time to discuss the results. “During the quarter, we continued to lay the foundation of our strategic transformation plan: do more with less, simplify...

Aehr Reports Record Revenue and Profit for Fiscal 2023 and Guides for Over 50% Increase in Revenue for Fiscal 2024 on Strength from Semiconductor Wafer Level Test and Burn-in Demand

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

FREMONT, Calif., July 13, 2023 (GLOBE NEWSWIRE) — Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and production burn-in equipment, today announced financial results for its fiscal 2023 fourth quarter and full year ended May 31, 2023. Fiscal Fourth Quarter Financial Results:Net sales were a record $22.3 million, up from $20.3 million in the fourth quarter of fiscal 2022. GAAP net income was a record $6.1 million, or $0.21 per diluted share, up from GAAP net income of $5.8 million, or $0.20 per diluted share, in the fourth quarter of fiscal 2022. Non-GAAP net income, which excludes the impact of stock-based compensation, was a record $6.8 million, or $0.23 per diluted share, compared to non-GAAP net income of $6.5 million, or $0.23 per diluted share, in the fourth quarter of fiscal 2022. Backlog as...

Frequency Electronics, Inc. Announces Fourth Quarter and Full Fiscal Year 2023 Financial Results

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

MITCHEL FIELD, N.Y., July 13, 2023 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three- and twelve-month periods of fiscal year 2023, ended April 30, 2023, of approximately $13.0 million and $40.8 million, respectively, compared to revenues of $10.2 million and $48.3 million, respectively, for the same periods of fiscal year 2022, ended April 30, 2022. Operating income for the fourth quarter of fiscal year 2023 was $392,000 compared to an operating loss of $5.9 million for the same period of fiscal year 2022. Operating loss for the twelve months ended April 30, 2023 was $4.7 million compared to an operating loss of $8.0 million for the twelve months ended April 30, 2022. Net income for the three months ended April 30, 2023 was $246,000 or $0.03 per diluted share...

Nurix Therapeutics Reports Second Quarter Fiscal 2023 Financial Results and Provides a Corporate Update

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

Announced Phase 1b expansion cohorts for NX-2127 in non-Hodgkin’s lymphomas Presented data highlighting the potent cellular activity of both NX-5948 and NX-2127 against BTKi resistance mutations Received $20 million licensing payment from Gilead for NX-0479, an oral IRAK4 degrader for the treatment of rheumatoid arthritis and inflammatory diseases Maintained strong financial position with cash and marketable securities of $308.6 million as of May 31, 2023 SAN FRANCISCO, July 13, 2023 (GLOBE NEWSWIRE) — Nurix Therapeutics, Inc. (Nasdaq: NRIX), a clinical stage biopharmaceutical company developing targeted protein modulation drugs designed to treat patients with hematologic malignancies and solid tumors, today reported financial results for the fiscal quarter ended May 31, 2023, and provided a corporate update. “The expansion of...

Unrivaled Brands Appoints CEO as Chairman of the Board and COO as Director

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

SANTA ANA, Calif., July 13, 2023 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQB: UNRV) (“Unrivaled,” “Unrivaled Brands,” or the “Company”), a cannabis company with operations throughout California, announced today the appointment of its Chief Executive Officer, Sabas Carrillo, who has served as a director on the Company’s Board of Directors (the “Board”) since December 2022, as the Chairman of the Board. Concurrently, the Company also announced the appointment of its Chief Operating Officer, James Miller, as a director on the Board. This marks a significant milestone in the transition to a completely new executive team, which began in August 2022. “Jim brings a wealth of financial acumen and diverse operational expertise from his roles in the entertainment, technology, e-commerce, and cannabis sectors. His track record, including...

Nokia Corporation: Repurchase of own shares on 13.07.2023

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

Nokia CorporationStock Exchange Release13 July 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 13.07.2023 Espoo, Finland – On 13 July 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 346,914 3.91CEUX 4,329 3.92AQEU 4,065 3.92TQEX 7,692 3.91Total 363,000 3.91* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

Festi hf.: Festi signs agreement on the acquisition of all shares in Lyfja hf.

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

Festi hf. and the owners of Lyfja, SID ehf., signed today, 13 July 2023, an agreement on Festi’s acquisition of all shares in Lyfja hf. The purchase agreement is based on an agreement entered on 17 March 2023 which covered all major terms of the acquisition. According to the purchase agreement, the enterprise value of Lyfja is valued at ISK 7.8 billion, but the final enterprise value and purchase price will depend on Lyfja’s net debt position upon delivery, together with the price of shares in Festi at that time. Lyfja’s estimates for 2023 assume that profit before interest, taxes, depreciation, and amortization (EBITDA), excluding IFRS16 effects, will amount to ISK 1,044 million. According to the purchase agreement, the purchase price will be paid by delivery of 10 million shares in Festi and a cash payment of ISK 6...

Vislink Unveils Groundbreaking Aero5 5G Downlink Transmitter at APSCON 2023, Redefining Air-to-Ground Video Systems

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

Cutting-Edge Technology Empowers Public Safety, Newsgathering, and Live Sports Applications with Unparalleled Cellular Connectivity Mt. Olive, NJ, July 13, 2023 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), a global technology leader in the capture, delivery and management of high quality, live video and associated data in the media and entertainment, law enforcement, and defense markets, today announced it will debut the Aero5 5G Airborne Transmitter for the public safety and broadcast/ENG community at the APSCON 2023 event being held in Orlando, Florida from July 19 to July 21, 2023. Vislink team members will be onsite in booth #601. Aero5 is available now for pre-ordering directly from Vislink and through its integration partners. Additional information about the Aero5 can be found...

Harbor Custom Development, Inc., Announces Interim CEO at the Annual Meeting of Shareholders

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

Jeff Habersetzer was announced as Interim CEO and Interim President, effective immediately Jeff Habersetzer was announced as Interim CEO and Interim President, effective immediatelyTACOMA, Wash, July 13, 2023 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,”or the “Company”), a real estate company involved in all aspects of the land development cycle, announced Jeff Habersetzer as the Company’s Interim Chief Executive Officer and Interim President at the annual meeting of shareholders held on Wednesday, July 12, 2023, effective immediately. Mr. Habersetzer, who has served as Harbor’s Chief Operating Officer, General Counsel, and Corporate Secretary, has been with the Company since 2019 and has played an integral role in the growth and success of the Company....

Month: July 2023

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