Month: August 2023

Nutritional Lipids Market to Surpass 23.31 Billion by 2030 Drives Due to the Rising Ageing Population

Written by Customer Service on August 10, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the nutritional lipids market will attain a value of USD 23.31 billion by 2030, with a CAGR of 6.9% over the forecast period (2023-2030). The growing need to fulfil the specific nutritional requirements as the ageing population continues to increase, driving the demand for nutritional lipids market. Moreover, the prevalence of chronic diseases has also contributed to market growth, as nutritional lipids are recognized for their potential health benefits. As a result, the utilization of lipids in infant formulas and food supplements has witnessed a significant surge, catering to the nutritional needs of infants and individuals with specific dietary requirements. Westford, USA, Aug. 10, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the nutritional lipids market is experiencing a growth driven by the escalating...

Evoke Pharma Reports Second Quarter 2023 Financial Results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

40% revenue growth compared to Q1 2023 34% increase in prescription fills compared to Q1 2023 Presented industry-leading real-world healthcare utilization data supporting the benefits of GIMOTI compared to oral metoclopramide at DDW 2023; additional abstracts accepted at future medical conferences SOLANA BEACH, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) — Evoke Pharma, Inc. (NASDAQ: EVOK), a specialty pharmaceutical company focused primarily on treatments for gastrointestinal (GI) diseases with an emphasis on GIMOTI® (metoclopramide) nasal spray, announced its financial results for the second quarter ended June 30, 2023, and recent corporate developments. “The second quarter of 2023 concluded on a highly encouraging note with $1.1 million in net revenue, a 40% increase from our sales last quarter. We also recorded increases in other...

Live Ventures Reports Fiscal Third Quarter 2023 Financial Results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

LAS VEGAS, Aug. 10, 2023 (GLOBE NEWSWIRE) — Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal third quarter ended June 30, 2023. Fiscal Third Quarter 2023 Key Highlights:Revenues were $91.5 million, as compared with $68.3 million, an increase of 34.1% over the prior year period Net income was $1.1 million and diluted earnings per share (“EPS”) were $0.33, as compared with $3.5 million and diluted EPS of $1.11 in the prior year period Adjusted EBITDA¹ was $9.6 million, as compared with $8.8 million, an increase of 8.3% over the prior year period Total assets of $360.2 million Stockholders’ equity of $104.2 million Approximately $32.3 million of cash and availability under the Company’s credit facilities at the end of the...

Hudson Global Reports 2023 Second Quarter Results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

OLD GREENWICH, Conn., Aug. 10, 2023 (GLOBE NEWSWIRE) — Hudson Global, Inc. (Nasdaq: HSON) (“Hudson Global” or “the Company”), a leading global total talent solutions company, announced today financial results for the second quarter ended June 30, 2023. 2023 Second Quarter SummaryRevenue of $44.9 million decreased 20.8% from the second quarter of 2022 and 17.7% in constant currency. Adjusted net revenue of $22.6 million decreased 17.2% from the second quarter of 2022 and 15.4% in constant currency. Net income was $0.6 million, or $0.18 per diluted share, compared to net income of $3.1 million, or $0.98 per diluted share, for the second quarter of 2022. Adjusted net income per diluted share (non-GAAP measure)* was $0.36 compared to adjusted net income per diluted share of $1.25 in the second quarter of 2022. Adjusted...

Society Pass Inc’s (Nasdaq: SOPA) 2Q/1H 2023 Financial Results Illustrate Continuing Breakneck Revenue Growth and Exceptional Profit Margin Expansion; Confidently Forecasts Achieving Cash Profitability in 2H 2023

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

Recognises 348% Year on Year Revenue Growth for 1H 2023;Gross Margin Increases to 29.9% in 2Q 2023 from -1.6% in 2Q 2022 NEW YORK, NY, Aug. 10, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Society Pass Incorporated (Nasdaq: SOPA) (“SoPa”), Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces unaudited financial results for second quarter ended 30 June 2023 and a filing of its 2Q 2023 Form 10-Q with the Securities and Exchange Commission (SEC). Click Here (on SEC website) to view 2Q 2023 Form 10-Q filing. Summary Points: • With cash on hand of $10.8 million (approximately $0.38 per share) and book value of $12.7 million (approximately $0.45 per share) on 31 March 2023, SoPa is well capitalised for continuing acquisitions of SEA companies in its digital advertising, travel,...

Automated Storage and Retrieval System Market to Surpass 15.88 Million by 2030 Drives Due to the Growing Demand for Heightened Productivity

Written by Customer Service on August 10, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the automated storage and retrieval system market will attain a value of USD 15.88 million by 2030, with a CAGR of 7.1% over the forecast period (2023-2030). The growing demand for heightened productivity and efficiency across the supply chain, coupled with the increasing emphasis on utilizing human resources and space optimally, is expected to drive the expansion of the automated storage and retrieval system market. Businesses can unlock the potential for greater operational efficiency, improved inventory management, and enhanced overall performance in their material handling operations by embracing automation. Westford, USA, Aug. 10, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the global automated storage and retrieval system market is experiencing a significant growth driven by the increasing demand...

LiveOne Reports Q1 Fiscal Year 2024 Revenue of $27.8M and Adjusted EBITDA* of $2.2M

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

Raises Company Guidance for Fiscal Year 2024 Revenue to $123M – $130M and Adjusted EBITDA* of $12M – $16M Audio Division Record Revenue of $25.7M and Adjusted EBITDA* of $4.9M for Q1 Fiscal Year 2024, a 24% and 46% Increase, Respectively, Year-Over-Year Raises Guidance Again for Audio Division Fiscal Year 2024 Revenue of $103M – $110M and Adjusted EBITDA* of $18M – $ 21M Audio Division Expected to Generate $12 Million in Cash Flow Before Settlements of Aged Account Payables LiveOne’s PodcastOne (PODC) Delivered Record Q1 Fiscal Year 2024 Revenue of $10.6M and Raises Guidance for Fiscal Year 2024 Revenue Between $42M – $47M Increased PODC Special Dividend to LiveOne Shareholders from 12% to ~19%; Expect PODC to Begin Trading on a National Securities Exchange by September 15th PODC Reports Record Growth of 690K+...

Phathom Pharmaceuticals Reports Second Quarter 2023 Results

Written by Customer Service on August 10, 2023. Posted in Earnings Releases And Operating Results.

Prior Approval Supplement (PAS) for VOQUEZNA® TRIPLE PAK® and VOQUEZNA® DUAL PAK® assigned a Prescription Drug User Fee Act (PDUFA) goal date of October 30, 2023 by the U.S. Food and Drug Administration (FDA)U.S. commercial launch for H. pylori and Erosive GERD planned for Q4 2023 Successfully completed Phase 3 PHALCON-NERD-301 trial for Non-Erosive GERD; regulatory submission on track to occur by year-endFLORHAM PARK, N.J., Aug. 10, 2023 (GLOBE NEWSWIRE) — Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases, today reported financial results for the second quarter of 2023 and provided updates on recent regulatory and business progress. “We made great progress advancing key regulatory, financial, and commercial priorities...

Clarification of Press Release Header Dated August 8, 2023

Written by Customer Service on August 10, 2023. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FRA: WWT) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, would like to issue a correction regarding the press release titled “WATER WAYS RECEIVES RECURRING THIRD ORDER FROM A BLUEBERRY GROWER IN MEXICO AND ANNOUNCES A PROPOSED ISSUANCE OF SHARES FOR DEBT” that was distributed on August 8, 2023. The header of the original press release contained incorrect information, and we sincerely apologize for any confusion or inconvenience this may have caused. The corrected header for the press release is as follows: “WATER...

AYURCANN HOLDINGS CORP. PROVIDES CORPORATE UPDATE, AND GROWTH STRATEGY

Written by Customer Service on August 10, 2023. Posted in Public Companies.

Toronto, Ontario, Aug. 10, 2023 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR, OTCQB: AYURF, FSE: 3ZQ0) (“Ayurcann” or the “Company”), a leading Canadian cannabis company specializing in the processing and manufacturing of cannabis 2.0 and 3.0 products in the recreational market, is pleased to provide a corporate update to its operations. OPERATIONAL HIGHLIGHTS:Successfully grew product offerings to 60 stock keeping units (“SKUs”) across the country and became a top seller of products, including1: Canadian retail penetration of over 70%, with Ontario at over 75%2 Consistently offering new SKUs across the country, reflecting the innovation, reliability, and value that Ayurcann has brought to the recreational cannabis market in Canada, with over 20 new SKUs being launching over the next three to six months. Top Company...

Month: August 2023

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