Day: August 29, 2023

BIGG Digital Assets Inc. Reports Financial Results For Q2 2023

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 29, 2023 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (https://www.netcoins.com/ca/ and Netcoins USA https://www.netcoins.com/us/) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell and stake cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report Q2 2023 financial results. All figures are in Canadian Dollars (CAD) unless otherwise stated. Q2 2023 Highlights:Gross operating revenue of $1.35M, with $1.02M for Netcoins and $0.33M for Blockchain Intelligence Group Netcoins added Etheruem staking in Q2,...

Kane Biotech Announces Second Quarter 2023 Financial Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

68% Increase in Product and Services Revenue; 74% Increase in Royalties Revenue WINNIPEG, Manitoba, Aug. 29, 2023 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX- V:KNE; OTCQB:KNBIF) (the “Company” or “Kane Biotech”) today announced its second quarter 2023 financial results. Second Quarter Financial Highlights:Revenue from product and services for the three months ended June 30, 2023 was $484,433 an increase of 68% from $287,584 in the three months ended June 30, 2022. This increase is due mainly to higher STEM Animal Health “STEM” online and pet retail sales as well as a higher demand for contract manufacturing services during the current period. Royalty revenue for the three months ended June 30, 2023 was $89,850, an increase of 74% compared to $51,770 in the three months ended June 30, 2022. The Veterinary Oral Health Council...

BradyIFS and Envoy Solutions come together to create a compelling new platform

Written by Customer Service on August 29, 2023. Posted in Mergers And Acquisitions.

MONTERREY, Mexico, Aug. 29, 2023 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that it has entered into definitive agreements with BradyIFS to create a new platform within the facility care, foodservice disposables, and packaging distribution industries in the United States. The combined platform will bring together Envoy Solutions LLC and BradyIFS in a highly complementary combination, positioned to serve and provide value to its customers and suppliers effectively and efficiently across the country. Transaction HighlightsUpon closing, FEMSA will receive approximately US$1.7 billion in cash and retain an ownership stake of approximately 37% in the combined entity, which is expected to have pro-forma revenues approaching US$5 billion.For...

HP Inc. Reports Fiscal 2023 Third Quarter Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

PALO ALTO, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)Third quarter GAAP diluted net earnings per share (“EPS”) of $0.76, above the previously provided outlook of $0.61 to $0.71 per share Third quarter non-GAAP diluted net EPS of $0.86, within the previously provided outlook of $0.81 to $0.91 per share Third quarter net revenue of $13.2 billion, down 9.9% from the prior-year period Third quarter net cash provided by operating activities of $1.0 billion, free cash flow of $0.9 billion Third quarter returned $0.3 billion to shareholders in the form of dividends Retired long-term debt of $1.1 billionHP Inc.’s fiscal 2023 third quarter financial performance Q3 FY23 Q3 FY22 Y/YGAAP net revenue ($B) $ 13.2 $ 14.6 (9.9)% GAAP operating margin 7.2% 8.6% (1.4) pts GAAP net...

ARMOUR Residential REIT, Inc. Announces One-for-Five Reverse Stock Split, Continued Dividend Rate per Common Share for September 2023 and Stable Q4 Dividend Guidance

Written by Customer Service on August 29, 2023. Posted in Dividend Reports And Estimates.

VERO BEACH, Florida, Aug. 29, 2023 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced that its Board of Directors has approved a reverse stock split of ARMOUR’s outstanding shares of common stock at a ratio of one-for-five and the September 2023 dividend for the Company’s Common Stock. The Company today also announced guidance on common stock dividends for the fourth quarter of 2023. One-for-Five Reverse Stock Split The reverse stock split is scheduled to take effect at about 5:00 p.m. Eastern Time on September 29, 2023 (the “Effective Time”). At the Effective Time, every five issued and outstanding shares of common stock of the Company will be converted into one share of common stock of the Company. In addition, at the Effective Time, the...

Ambarella, Inc. Announces Second Quarter Fiscal Year 2024 Financial Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

SANTA CLARA, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its second quarter of fiscal year 2024 ended July 31, 2023.Revenue for the second quarter of fiscal 2024 was $62.1 million, down 23% from $80.9 million in the same period in fiscal 2023. For the six months ended July 31, 2023, revenue was $124.3 million, down 27% from $171.2 million for the six months ended July 31, 2022. Gross margin under U.S. generally accepted accounting principles (GAAP) for the second quarter of fiscal 2024 was 61.9%, compared with 63.1% for the same period in fiscal 2023. For the six months ended July 31, 2023, GAAP gross margin was 61.1%, compared with 62.9% for the six months ended July 31, 2022. GAAP net loss for the second quarter of fiscal 2024...

nCino Reports Second Quarter Fiscal Year 2024 Financial Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

• Total Revenues of $117.2M, up 18% year-over-year • Subscription Revenues of $99.9M, up 18% year-over-year WILMINGTON, N.C., Aug. 29, 2023 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced financial results for the second quarter of fiscal year 2024, ended July 31, 2023. “We are very pleased with our second quarter results and in particular, the strong rebound in sales activity we saw across the business,” said Pierre Naudé, Chairman and CEO of nCino. “Our profitability again exceeded expectations even as we continue to strategically invest in expanding our platform and solutions. With the liquidity crisis in the U.S. banking industry largely behind us, and financial institutions around the world focused on improving their operational efficiency...

Prospect Capital Announces June 2023 Financial Results and Declares Stable Monthly Dividends through October 2023 of $0.06 Per Common Share

Written by Customer Service on August 29, 2023. Posted in Dividend Reports And Estimates.

NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter and year ended June 30, 2023. FINANCIAL RESULTSAll amounts in $000’s except per share amounts (on weighted average basis for period numbers) Quarter EndedJune 30, 2023 Quarter EndedMarch 31, 2023 Quarter EndedJune 30, 2022 Net Investment Income (“NII”) $112,779 $102,180 $89,969Basic NII per Common Share(1) $0.23 $0.21 $0.21Interest as % of Total Investment Income 89.1% 92.1% 83.3%Basic NII Coverage of Distributions to Common Shareholders 128% 117% 117%Annualized Basic NII Return on Common NAV 10.0% 8.9% 8.0% Net Income (Loss) Applicable to Common Shareholders $(13,950) $(108,947) $(56,643)Basic Net Income (Loss) per...

The Herzfeld Caribbean Basin Fund, Inc. Announces Proposed Non-Transferable Rights Offer, Modification to Self-Tender Policy and Suspension of Managed Distribution Policy

Written by Customer Service on August 29, 2023. Posted in Public Companies.

MIAMI BEACH, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) — Thomas J. Herzfeld Advisors, Inc., an SEC-registered investment advisor, today announced (i) the filing of a registration statement (the “Registration Statement”) with the Securities and Exchange Commission (“SEC”) for a proposed non-transferable rights offer to holders of common stock, par value $0.001 per share (“Common Stock”), of The Herzfeld Caribbean Basin Fund, Inc. (the “Fund”); (ii) a modification to the Fund’s Self-Tender Policy; and (iii) the indefinite suspension of the Fund’s Managed Distribution Policy. Rights Offer Under the terms of the rights offer (the “Rights Offer”), the Fund will issue non-transferable rights (the “Rights”) to its stockholders of record on a date to be disclosed in the prospectus (the “Record Date”). Each stockholder of record on the Record...

Ensurge Micropower ASA – Result of Subsequent Offering

Written by Customer Service on August 29, 2023. Posted in Public Companies.

Oslo, 29 August 2023 Reference is made to the stock exchange notice published by Ensurge Micropower ASA (the “Company”) on 15 August 2023 regarding the Subsequent Offering. The subscription period under the Subsequent Offering expired on 29 August 2023 at 16:30 CET, and the Subsequent Offering was substantially oversubscribed, including subscriptions from eligible shareholders, oversubscriptions, and subscriptions without subscription rights. Further to the resolution by the Extraordinary General Meeting on 11 July 2023 and prospectus for the Subsequent Offering, the Company’s board of directors will consider the subscriptions and allocations of Offer Shares on or about 30 August 2023, following which an announcement will be made as to the number of Offer Shares to be allocated and the associated share capital increase in...

Day: August 29, 2023

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