Day: August 15, 2023

Mondee Q2 2023 Results: Disrupts Travel with Revolutionary AI Platform; Delivers Exceptional Growth

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

– Q2 23 Gross Revenue of ~$708M1, 112% of Q2 2022– Q2 23 Net Revenue of ~$56.8M1, 124% of Q2 2022– Q2 23 Adjusted EBITDA of $4.4M1, 118% of Q2 2022– Increases 2023 Net Revenue Guidance to $245-$250M, representing 155% of 2022 at midpoint AUSTIN, Texas, Aug. 15, 2023 (GLOBE NEWSWIRE) — Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced second quarter business milestones and financial results for the period ended June 30, 2023. “Mondee is once again disrupting the travel market through innovation. We are thrilled that on the first anniversary of our NASDAQ public listing, Mondee released the first fully integrated AI Travel...

Hydraulic Fracturing Market Set to Soar Past USD 70.94 Billion by 2030

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

The global Hydraulic Fracturing market size is expected to reach USD 70.94 billion by 2030 and exhibit a CAGR of 7.6% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increased energy demand, technological advancements, shale gas exploration, economic benefits, job creation, energy independence, abundant shale reserves, improved drilling techniques, hydraulic fracturing efficiency, and growing natural gas consumption are fueling the market’s growth. Westford, USA, Aug. 15, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Hydraulic Fracturing market, environmental regulations, water management strategies, technological innovations, use of proppants, horizontal drilling techniques, integration of data analytics, cost reduction initiatives, focus...

AIM ImmunoTech Reports Second Quarter Financial Results and Provides Clinical Pipeline Update

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

– Continued operational execution across pipeline towards multiple clinical and regulatory value-driving milestones expected in the second half of 2023 – Company to host conference call and webcast today at 8:30 AM ET OCALA, Fla., Aug. 15, 2023 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE American: AIM) (“AIM” or the “Company”) today reported its financial results for the second quarter 2023 and provided a business update. As previously announced, the Company will host a conference call and audio webcast on Tuesday, August 15, 2023, at 8:30 AM ET (details below). “Over the course of the second quarter, our team continued to deliver on our timelines and made significant progress advancing Ampligen® through our active human clinical studies in multiple indications. We continue to be encouraged by the growing body of positive and...

GigaCloud Technology Inc Announces Second Quarter and First Half 2023 Financial Results, Including Second Consecutive Quarter of Record Profitability

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

Net Income Increased by over 200% Period-Over-Period in First Half 2023 Revenue Increased by 18.8% Period-Over-Period in First Half 2023 WALNUT, Calif., Aug. 15, 2023 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter and six months ended June 30, 2023. Second Quarter 2023 Financial HighlightsTotal revenues were $153.1 million in the second quarter of 2023, an increase of 23.5% from $124.0 million in the second quarter of 2022. Gross profit was $40.4 million in the second quarter of 2023, an increase of 137.1% from $17.0 million in the second quarter of 2022. Gross margin increased to 26.4% in the second quarter of 2023 from 13.7% in the second...

Interactive Strength Inc. d/b/a FORME Reports Second Quarter 2023 Results

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

Net Loss and Earnings per Diluted Share of $13.6 million and $1.02 Adjusted EBITDA was a $5.7 million loss, a $4.1 million improvement versus second quarter of 2022 Average Annualized Recurring Revenue per Household at $1,570, more than three times greater versus second quarter of 2022 Entered into Non-Binding Letter of Intent and Exclusivity Agreement to acquire a Connected Fitness Equipment Business AUSTIN, TX, Aug. 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Interactive Strength Inc. d/b/a FORME (the “Company”, or “FORME”) (NASDAQ: TRNR), today announced its financial results for the second quarter of 2023. The Company incurred a net loss of $13.6 million for the second quarter of 2023, or a loss of $1.02 per diluted share, as compared with a net loss of $11.9 million, or a loss of $24.46 per diluted share...

Discovery Reports Q2 2023 Financial Results and Update

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the second quarter (“Q2 2023”) ended June 30, 2023, and to provide a summary of key events for the quarter and subsequent to quarter-end. All figures are stated in Canadian dollars (“C$”) unless otherwise noted. Discovery’s flagship project is the 100%-owned Cordero silver project (“Cordero” or the “Project”) located in Chihuahua State, Mexico. Tony Makuch, CEO, states: “We have made excellent progress on our Feasibility Study (FS) during Q2 2023 and subsequent to quarter end. The reserve expansion and definition program component of our FS drill program is now complete with results demonstrating the potential to expand reserves at Cordero at what is already one...

Digihost Reports Positive Adjusted EBITDA for Q2 2023

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022. TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to provide a summary of the Company’s unaudited financial results for the second quarter ended June 30, 2023. All amounts reported herein are presented in U.S. dollars, unless otherwise indicated. The Company’s unaudited consolidated financial statements and management’s discussion and analysis (“MD&A”) for the three and six month period ended June 30, 2023 have been filed and made accessible under the Company’s...

Xunlei Announces Unaudited Financial Results for the Second Quarter Ended June 30, 2023

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

SHENZHEN, China, Aug. 15, 2023 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading innovator in shared cloud computing and blockchain technology in China, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights:Total revenues were US$104.3 million, an increase of 33.3% year-over-year.Cloud computing revenues were US$30.7 million, an increase of 8.2% year-over-year.Subscription revenues were US$29.7 million, an increase of 17.0% year-over-year.Live streaming and other internet value-added services (“Live streaming and other IVAS”) revenues were US$43.9 million, an increase of 79.1% year-over-year.Gross profit was US$45.9 million, an increase of 35.9% year-over-year and gross profit...

LaunchPad Home Group Acquires Axium Inspections and ListingPro by Axium

Written by Customer Service on August 15, 2023. Posted in Mergers And Acquisitions.

AUSTIN, Texas, Aug. 15, 2023 (GLOBE NEWSWIRE) — LaunchPad Home Group (“LaunchPad”), the nation’s premier provider of home inspection and residential services, announced today that it has acquired Axium Inspections (“Axium”) and ListingPro by Axium (“ListingPro”) of Denver, CO. Axium has served the Denver metropolitan community for over 15 years and has grown to become Colorado’s leading provider of residential inspections and radon mitigation services. Axium will serve as LaunchPad’s Colorado hub and will also bolster LaunchPad’s existing operations in Dallas and Atlanta. In addition to providing inspection services within Colorado, Axium has developed systems and processes to successfully service national accounts across the U.S. Axium owner Wade Williamson will join LaunchPad as Chief Business Development Officer and will focus...

Interim report – second quarter of 2023

Written by Customer Service on August 15, 2023. Posted in Earnings Releases And Operating Results.

Tuesday, Schouw & Co. released its interim report for the second quarter of 2023; Good quarterly performance generally producing the improvements expected in light of the completed acquisitions along with higher selling prices balancing out increased costs. Revenue increase coupled with EBITDA improvement. HighlightsRevenue up by 23% for the quarter to DKK 9.2bn EBITDA up by 18% to DKK 666m Higher interest expenses sharpen focus on efficient use of capital Full-year revenue and EBITDA guidance raised.Statement by Jens Bjerg Sørensen, President of Schouw & Co. – In the second quarter, we saw a distinct effect of acquisitions made, and both revenue and EBITDA are improving. We take a positive view on the rest of 2023 and are raising our full-year EBITDA guidance. Our debt has increased through a number of strategic investments...

Day: August 15, 2023

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