Day: September 13, 2023
13% growth of SaaS revenue in the first half of fiscal 2023 compared to the first half of fiscal 2022
Atlanta, GA, Sept. 13, 2023 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (“Streamline” or the “Company”) (Nasdaq: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced financial results for the second quarter of 2023 which ended July 31, 2023.
Fiscal Second Quarter and Six Months Ended July 31, 2023 GAAP Financial Results
The following financial results have been prepared in accordance with Generally Accepted Accounting Principles (“GAAP”).
Total revenue for the second quarter of fiscal 2023 was $5.8 million as compared to $6.0 million during the second quarter of fiscal 2022. For the six months ended July 31, 2023,...
Ocean Power Technologies, Inc. Announces First Quarter Fiscal 2024 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Delivers Revenue, Gross Profit, and Pipeline Growth
MONROE TOWNSHIP, N.J., Sept. 13, 2023 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), today announced financial results for its fiscal first quarter ended July 31, 2023 (“Q124”), including year over year revenue, gross profit, and pipeline growth. Highlights from the first quarter and recent activity include:The Company’s pipeline at July 31, 2023 (“Q124”) was approximately $85 million, representing a 215% year-over-year increase over the pipeline of approximately $27 million for the prior year comparable timeframe. Our pipeline continues to grow, reflecting a significant increase in defense and security activity as well as an expansion of commercial opportunities, due to growing interest from offshore...
HeartCore Enterprises Announces Expansion of Sales and Marketing Teams
Written by Customer Service on . Posted in Mergers And Acquisitions.
HeartCore Hires U.S.-based Sabatini Sales Team
NEW YORK and TOKYO, Sept. 13, 2023 (GLOBE NEWSWIRE) — HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or the “Company”), a leading enterprise software and consulting services company based in Tokyo, announced that it has hired the New York-based sales team of Sabatini Global (“Sabatini”).
“The acquisition of this sales team is another accomplishment as our two-pronged growth strategy continues to manifest itself into full effect,” said CEO Sumitaka Yamamoto. “The hiring of this New York-based sales team, along with our recent acquisition of Sigmaways, provides the staff and resources for HeartCore to expand our enterprise Content Management System (CMS) software business to more global markets. We have a major market share with well-known Japanese companies. To broaden and...
IBEX Announces Record Fourth Quarter and Fiscal Year 2023 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
WASHINGTON, Sept. 13, 2023 (GLOBE NEWSWIRE) — IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its fourth quarter and fiscal year ended June 30, 2023.
Key Fiscal Year 2023 HighlightsFiscal year 2023 revenue increased 6.1% over the prior year period to $523.1 million, with a continued migration from onshore to higher margin offshore and nearshore regions.
Revenue generated from BPO 2.0 clients grew at an accelerated rate and increased 18.5% for fiscal year 2023. These clients represented 77% of revenue for the fiscal year.
Ten new client relationships were established across the HealthTech, Retail & E-Commerce, Travel, Transportation & Logistics, and Technology verticals during fiscal year 2023.
Fiscal...
Extendicare Announces Closing of Transaction with Axium
Written by Customer Service on . Posted in Public Companies.
Formation of a joint venture to support long-term care redevelopment and sale of four projects currently under construction into the joint venture
MARKHAM, Ontario, Sept. 13, 2023 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced today that, effective September 13, 2023, it has completed the previously announced transaction with a fund managed by Axium Infrastructure Inc. and its affiliates (“Axium”) to form a limited partnership joint venture, Axium Extendicare LTC LP (the “Joint Venture”), to redevelop certain of Extendicare’s Class C long-term care (“LTC”) homes, in which Extendicare will retain a 15% managed interest. Pursuant to the previously announced purchase and sale agreement between Extendicare and the Joint Venture, the Joint Venture acquired four Class C home redevelopment projects,...
Lycos Energy Inc. Announces Strategic Acquisition of Durham Creek Exploration Ltd. and $25 Million Equity Financing
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CALGARY, Alberta, Sept. 13, 2023 (GLOBE NEWSWIRE) — Lycos Energy Inc. (“Lycos” or the “Company“) (TSXV: LCX) is pleased to announce that it has entered into a definitive agreement (the “Acquisition Agreement“) today to acquire Durham Creek Exploration Ltd. (“DCEL“), a privately-held, arm’s length, heavy oil producer, by way of a plan of arrangement for total consideration, prior to adjustments, of $22.5 million (the “Acquisition“), consisting of $12.5 million in cash and 2.8 million common shares of Lycos (“Lycos Shares”) at a deemed price of $3.55 per Lycos Share.
The Acquisition will...
Icelandair: Updated guidance – net profit still expected for the full year 2023
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The management accounts of Icelandair Group for July and August have now been finalized. The accounts demonstrate strong financial performance of the Company’s passenger and leasing operations with considerable year-on-year improvement. However, the cargo operation has remained challenging, and the profit improvement expected at the time of publication of the Q2 financial results has not been realized. Furthermore, fuel price has increased almost 30% since then.
According to Icelandair’s updated guidance for 2023, total revenue is expected to be around USD 1.5 billion and EBIT in the range of USD 50-65 million, which is around 3.3-4.3% of revenue. The Company still expects to deliver net profit for the full year.
The outlook for the passenger operation remains positive, with strong bookings for the remainder of the year. Equally, the...
APA Corporation and TotalEnergies Announce Oil Project of 200,000 b/d in Block 58 and Launch Development Studies with the Objective of Sanctioning the Project by Year-end 2024
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HOUSTON, Sept. 13, 2023 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) and TotalEnergies have announced the launching of development studies for a large oil project in Block 58, offshore Suriname. TotalEnergies is the operator of Block 58, with a 50% interest, alongside APA (50%).
Successful appraisal of the two main oil discoveries, with the drilling and testing of two wells at Sapakara South and three wells at Krabdagu, confirmed combined recoverable resources of approximately 700 million barrels of oil for the two fields. These fields, located in water depths between 100 and 1,000 meters, will be produced through a system of subsea wells connected to a Floating Production, Storage and Offloading unit (FPSO) located 150 km off the Suriname coast, with an oil production capacity of 200,000 barrels per day. The detailed engineering...
Toll Brothers Announces Grand Opening of Resident Amenities at 100 West Community in Anaheim, California
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Luxury townhome community offers exclusive resident amenities in central Orange County location100 West by Toll BrothersToll Brothers announces the opening of resident amenities at its 100 West community in Anaheim, California.100 West by Toll Brothers“We invite home buyers to tour our stunning new community amenities and be inspired by the possibilities of living a luxury lifestyle at 100 West,” said Brad Hare, Division President of Toll Brothers in Southern California.ANAHEIM, Calif., Sept. 13, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced the grand opening of the highly anticipated resident amenities at its 100 West community in Anaheim, California. Conveniently located in the heart of Orange County, this exclusive gated community offers the...
Annual Report 2022/23 – Continued solid earnings, but weaker growth amid challenging market conditions
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ANNOUNCEMENT NO. 243
13 September 2023Annual Report 2022/23 (1 July 2022 – 30 June 2023)Continued solid earnings, but weaker growth amid challenging market conditions
ChemoMetec’s revenue for 2022/23 grew by 4% to DKK 442.3 million and operating profit (EBITDA) for 2022/23 was DKK 251.0 million, a 13% increase on 2021/22. In 2022/23, ChemoMetec continued developing the new Xcyto platform and the instruments XcytoMatic 40 and XcytoMatic 30. In addition to the XcytoMatic instruments, we expect to launch two more products, the NC-203 and the Xcyto 5, at the latest by end of the calender year 2024.
“Generally, the 2022/23 financial year was a challenging year, as rising interest rates and growing general uncertainty led to a reduced availability of new capital to customers in our most important market area, cell-based therapy. ChemoMetec...