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Month: August 2023

red violet Announces Second Quarter 2023 Financial Results

Second Quarter Revenue Increased 17% to $14.7 Million, Generated EPS of $0.10 BOCA RATON, Fla., Aug. 07, 2023 (GLOBE NEWSWIRE) — Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced financial results for the quarter ended June 30, 2023. “We are pleased with our second quarter results, further highlighting our ability to drive both top-line growth and profitability,” stated Derek Dubner, red violet’s CEO. “We are seeing continued strength in new customer onboarding, pipeline expansion from higher-tier prospects, and robust customer conversion at all levels. Our consistent revenue growth and increasing profitability, which are driven by our distinct ability to meet strong industrywide demand for innovative, accurate, and highly-scalable identity solutions, bolster our position...

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CPP Announces Acquisition of Affordable Housing Communities in Great Falls, Montana

Planned renovation will preserve a total of 82 senior and family units GREAT FALLS, Mont., Aug. 07, 2023 (GLOBE NEWSWIRE) — CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of two developments in Great Falls: Sunshine Village and Broadview Manor East & West (MT2 Community Partners, LP). CPP partnered with The Hampstead Companies who will be the owner and co-developer. This is the second project closing in Montana for CPP and Hampstead together, totaling three communities in the area. CPP and Hampstead’s total development investment is approximately $23.1M, which includes the purchase price of $10.75M and an estimated per unit renovation cost of $72,850. The properties’ HUD subsidy was set to expire, but with CPP and Hampstead’s...

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Canned Tuna Market to Worth USD 15.1 Billion by 2030 | Skyquest Technology

Canned tuna market is segmented based on the product and distribution channel. Based on the product, the global canned tuna market is segmented as skipjack, yellowfin. Based on the distribution channel, the global canned tuna market is segmented as hypermarkets & supermarkets, specialty stores, and online – Industry Forecast 2023-2030 Westford, USA, Aug. 07, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the canned tuna market has witnessed intensified competition due to the popularity of plant-based diets and alternative protein sources among consumers. As more individuals embrace vegetarian, vegan, and flexitarian lifestyles, there is a shift in dietary preferences away from traditional animal-based products such as canned tuna. This growing trend has prompted companies to explore innovative ways of meeting changing...

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Pressure Washer Market to Worth USD 3.44 Billion by 2030 | Skyquest Technology

Pressure washer market is segmented based on the product type and application. Based on the product type, the global pressure washer market is segmented as electricity based, fuel-based, and gas-based. Based on application, the global pressure washer market is segmented as municipality, mining, agriculture, commercial vehicle cleaning centers, construction, janitorial industry, homeowner, food & pharma – Industry forecast 2023-2030 Westford, USA, Aug. 07, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the rapid pace of urbanization and rising consciousness among the general population about the significance of cleanliness and hygiene stand out as pivotal drivers for the pressure washer market’s expansion. As cities grow and people concentrate in urban areas, the demand for effective cleaning solutions escalates,...

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In-Vitro Diagnostics Market Set to Soar Past USD 106914.16 Billion by 2030

The global In-Vitro Diagnostics market size is expected to reach USD 106914.16 billion by 2030 and exhibit a CAGR of 4.08% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing prevalence of chronic diseases and infectious illnesses, growing demand for personalized and precision medicine approaches, and rising geriatric population contributing to higher healthcare needs fuel the market’s growth. Westford, USA, Aug. 07, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the In-Vitro Diagnostics market, increased adoption of point-of-care testing for faster results and improved patient care, integration of AI and machine learning for data analysis and pattern recognition, growth of companion diagnostics for targeted therapies, increasing use of...

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cBrain upgrades 2023 financial guidance

Company Announcement no. 17/2023 cBrain upgrades 2023 financial guidanceCopenhagen, 7. August 2023        For the fiscal year 2023, cBrain has guided revenue growth of 15-20% and earnings before tax (EBT) of 18-22%. We are delighted to announce that the preliminary results for the first half of 2023 have exceeded expectations with higher revenue growth and earnings. As a result, the full-year revenue growth guidance for 2023 is now revised and increased to 20-25%, up from the previous range of 15-20%. The higher than expected revenue growth is primarily driven by increased software sales of F2 user li-censes. Consequently, cBrain now anticipates a different split between software revenue and services revenue, with a higher percentage of software revenue. Software revenue based on user licenses drives a higher earnings margin than...

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ARKO Corp. Declares Quarterly Dividend

RICHMOND, Va., Aug. 04, 2023 (GLOBE NEWSWIRE) — ARKO Corp.’s (Nasdaq: ARKO) (the “Company”) Board of Directors has declared a quarterly dividend of $0.03 per share of common stock to be paid on September 1, 2023, to stockholders of record as of August 15, 2023. The Company’s ability to return cash to its stockholders through its cash dividend program and share repurchase program is consistent with its capital allocation framework and reflects the Company’s confidence in the strength of its cash generation ability and financial position. The amount and timing of dividends payable on the common stock are within the sole discretion of the Board, which will evaluate dividend payments within the context of the Company’s overall capital allocation strategy on an ongoing basis, giving consideration to its current and forecast earnings,...

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Macerich Declares the Quarterly Dividend on Its Common Shares

SANTA MONICA, Calif., Aug. 04, 2023 (GLOBE NEWSWIRE) — The Board of Directors of the Macerich Company (NYSE: MAC) declared a quarterly cash dividend of $.17 per share of common stock. The dividend is payable on September 8, 2023, to stockholders of record at the close of business on August 18, 2023. About Macerich Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich’s portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 47 million square feet of real estate consisting...

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AGF Reports July 2023 Assets Under Management and Fee-Earning Assets

TORONTO, Aug. 03, 2023 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $42.5 billion as at July 31, 2023.AUM ($ billions) July 31, 2023 June 30, 2023 % ChangeMonth-Over-Month July 31, 2022 % Change Year-Over-YearTotal Mutual Fund (including retail pooled funds) $24.5 $24.2   $22.6  Institutional and Sub-advisory + Exchange-traded funds + AGF Private Wealth $15.9 $15.7   $15.1  Subtotal (before AGF Private Capital AUM and fee-earning assets1) $40.4 $39.9   $37.7  AGF Private Capital $0.1 $0.1   $0.1  Total AUM $40.5 $40.0 1.3% $37.8 7.1%AGF Private Capital fee-earning assets1 $2.0 $2.0   $2.0  Total AUM and fee-earning assets1 $42.5 $42.0 1.2% $39.8 6.8%           Average Daily Mutual Fund AUM $24.3 $23.9   $21.8  1 Fee-earning...

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Westland Insurance acquires Hubbard Insurance and Assurance Belliveau Insurance

Westland continues to grow across Canada with acquisitions in ON and NB Surrey, BC/Territories of the Coast Salish (Kwantlen, Katzie, Semiahmoo, Tsawwassen First Nations), Aug. 03, 2023 (GLOBE NEWSWIRE) — Westland Insurance, Canada’s leading independently-owned insurance brokerage, today announced that it acquired two P&C brokerages: Hubbard Insurance Group and Assurance B. Belliveau Insurance Inc. These acquisitions contribute to Westland’s national expansion and bring Westland into new areas.  Hubbard Insurance Group is a family-owned brokerage located in Ontario that’s been serving the insurance industry for 35 years. It’s comprised of two divisions: Hubbard Insurance Brokers, a P&C brokerage with a commercial insurance focus, and Hubbard Financial Services, which provides group benefits, life insurance, and group...

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