Day: November 2, 2023

Cytokinetics Reports Third Quarter 2023 Financial Results

On Track for Topline Results from SEQUOIA-HCM,a Pivotal Phase 3 Clinical Trial of Aficamten in Obstructive HCM,in Late December Long-Term Data from FOREST-HCM, the Open-Label Extension Study of Aficamten,Show Sustained Improvements in Clinical Efficacy Endpoints and No Treatment Interruptions for Low Ejection Fraction Initiated Enrollment in ACACIA-HCM, a Pivotal Phase 3 Clinical Trial of Aficamten in Non-Obstructive HCM SOUTH SAN FRANCISCO, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) — Cytokinetics, Incorporated (Nasdaq: CYTK) reported financial results for the third quarter of 2023. Net loss for the third quarter was $129.4 million, or $1.35 per share, compared to net loss for the third quarter of 2022 of $142.3 million, or $1.52 per share. Cash, cash equivalents and investments totaled $554.7 million on September 30, 2023. “During...

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Kratos Reports Third Quarter 2023 Financial Results

Kratos Thanatos Tactical UAV in Flight – Conceptual Rendition Kratos Thanatos Tactical UAV in Flight – Conceptual Rendition         Third Quarter 2023 Revenues of $274.6 Million Reflect 20.1 Percent Organic Growth Over Third Quarter 2022 Revenues of $228.6 Million Third Quarter 2023 Revenues Reflect 22.0 Percent Organic Revenue Growth in Kratos Government Solutions Segment and 13.4 Percent Organic Revenue Growth in Kratos Unmanned Systems Segment Third Quarter 2023 Consolidated Book to Bill Ratio of 1.0 to 1 and Last Twelve Months Ended October 1, 2023 Consolidated Book to Bill Ratio of 1.1 to 1 SAN DIEGO, Nov. 02, 2023 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, today reported its third quarter 2023 financial...

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Trisura Group Reports Third Quarter 2023 Results

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced financial results for the third quarter of 2023. David Clare, President and CEO of Trisura, stated, “Trisura reported strong performance in the quarter with Operating net income of $31.7 million, or $0.67 per share, achieved through measured growth, underwriting profitability and enhanced investment income. Quarterly Net income of $14.8 million, or $0.31 per share, was impacted by the run-off of a US program and unrealized losses in the investment portfolio, partially offset by one-time benefits in the primary lines business. Maturation of our business and continued expansion with distribution partners drove increased market share and resulted in insurance revenue growth...

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Avenue Therapeutics Announces Closing of $5.0 Million Public Offering

MIAMI, Nov. 02, 2023 (GLOBE NEWSWIRE) — Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today announced the closing of its previously announced public offering of an aggregate of 16,633,400 units (or pre-funded units in lieu thereof) at a public offering price of $0.3006 per unit (inclusive of the pre-funded warrant exercise price of $0.0001 per share). Each unit consisted of (i) one share of common stock (or one pre-funded warrant in lieu thereof), (ii) one Series A warrant to purchase one share of common stock, immediately exercisable at a price of $0.3006 per share and expiring five years from the date of issuance, and (iii) one Series B warrant to purchase one share...

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Nokia Corporation: Repurchase of own shares on 02.11.2023

                            STOCK EXCHANGE RELEASE               02 November 2023                           Nokia CorporationStock Exchange Release               02 November 2023 at 21:00               Nokia Corporation: Repurchase of own shares on 02.11.2023                                                           Espoo, Finland – On 02 Nov 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                                           Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*         AQEU 6,853 3.16         CEUX 8,471 3.15         TQEX 2,582 3.14         XHEL 432,094 3.15         Total 450,000 3.15         * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating...

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One World Universe Inc. is Pleased to Announce the New Subsidiary M.O.R.E.

HUNTINGTON BEACH, CA, Nov. 02, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries such as the Metaverse, and providing humanitarian efforts in over 185 countries, is pleased to announce that we are entering into an agreement to be the majority shareholder of M.O.R.E. “We are extremely pleased to be able to announce that the agreement to become the majority shareholder of the M.O.R.E. proprietary track and trace system,” stated President Jerry C. Craig, One World Universe, Inc.  “The M.O.R.E. track and trace software was created and built for both professional and collegiate sports teams in mind.  The software was specifically developed to help manage the current...

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Catapult Releases New Innovations for its Pro Video Suite for the NBA and NCAA Basketball Seasons

Enhanced data integration capabilities, powerful new customized automations, improved speed of in-game review, and new smarter presentation tools Pro Video Solutions Enhanced data integration capabilities, powerful new customized automations, improved speed of in-game review, and new smarter presentation tools Boston, MA, Nov. 02, 2023 (GLOBE NEWSWIRE) — Catapult (ASX:CAT), the global performance technology leader in elite sports, today announced a series of innovations to its Basketball Pro Video Suite that will provide teams enhanced insights and time-saving workflows for the upcoming NBA, NCAA, and international basketball seasons. The latest update enhances data integration capabilities, introduces powerful new customized automations, improves the speed of in-game review, and offers new smarter presentation tools. Catapult’s...

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Global Smart Kitchen Appliances Market Size to Reach USD 870.79 Billion by 2032 | Emergen Research

Growing adoption of Artificial Intelligence and rapid technological advancements in kitchen appliances and products are key factors influencing Smart Kitchen Appliances Market growth Vancouver, Nov. 02, 2023 (GLOBE NEWSWIRE) — The smart kitchen appliances market reached a market size of USD 110.56 Billion in 2020 and is expected to register a double-digit CAGR over the forecast period, according to recent analysis by Emergen Research. Smart kitchen appliances market revenue growth is driven significantly by rapid advancements in the fields of AI and IoT. Major advancements in AI technologies and machine learning have resulted in development and launch of a range of smart products that enable consumers to save time and effort in food preparation, tracking contents and products in the kitchen, refrigerators, and others. In addition,...

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Global Driving Simulator Market Size to Reach USD 6.79 Billion in 2032 | Emergen Research

Increasing need for simulators for driver training and growing research on autonomous vehicles are key factors boosting revenue growth of the global driving simulator market Vancouver, Nov. 02, 2023 (GLOBE NEWSWIRE) — The global driving simulator market is expected to reach a market size of USD 6.79 Billion by 2032 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Growth of the global driving simulator market is driven by rapid technological advancements, rising adoption of simulation technology in automotive and aviation industries, rising need for driver training, and increasing investment in research and development initiatives. Simulated driving offers a realistic driving experience within a virtual reality. This technology is used in driver training and vehicle research...

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Global Tactical Data Link Market Size to Reach USD 11.45 Billion by 2032 | Emergen Research

Growing geopolitical tensions and security threats are key factors boosting need to increase defense budgets which is a key factor driving Tactical Data Link Market growth Vancouver, Nov. 02, 2023 (GLOBE NEWSWIRE) — The global tactical data link market is expected to reach a market size of USD 11.45 Billion in 2032 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. Growth of the global tactical data link market is driven by increasing geopolitical tensions and security threats, requirements for real-time information in the defense sector, and rising adoption of modern warfare solutions. Tactical data link is a secure communication service that uses several networks for exchanging information through cables and radio waves. This communication service is primarily used by military...

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