November 29, 2023 – Page 3

Cansortium Reports Third Quarter 2023 Results

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

– Q3 Revenue up 14% YoY to a Record $25.3 Million – – Q3 Cash from Operations increased 32% to a Record $7.1 Million; 8th Consecutive Quarter of Positive Cash Flow – TAMPA, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) — Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium” or the “Company”), a vertically-integrated, multi-state cannabis company operating under the FLUENT™ brand, today announced financial and operating results for the third quarter ended September 30, 2023. Unless otherwise indicated, all financial results are presented in U.S. dollars. “We generated record revenue and cash flow generation during the third quarter as we continued to execute on our growth objectives despite a seasonally slow period in Florida,” said CEO Robert Beasley. “Adjusted EBITDA was offset by increased headcount...

Credo Technology Group Holding Ltd Reports Second Quarter of Fiscal Year 2024 Financial Results

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

SAN JOSE, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) — Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, today reported financial results for the second quarter of fiscal year 2024, ended October 28, 2023. Second Quarter of Fiscal Year 2024 Financial Highlights Revenue of $44.0 million, grew by 25% quarter over quarter GAAP gross margin of 59.3% and non-GAAP gross margin of 59.9% GAAP operating expenses of $35.0 million and non-GAAP operating expenses of $27.1 million GAAP net loss of $6.6 million and non-GAAP net income of $1.2 million GAAP diluted net loss per share of $0.04 and non-GAAP diluted net income...

Five Below, Inc. Announces Third Quarter Fiscal 2023 Financial Results

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

Q3 Net Sales Increase of 14.2% Q3 Comparable Sales Increase of 2.5% with a 3.1% Increase in Comparable Transactions Raises Midpoint of Fiscal 2023 Guidance PHILADELPHIA, PA , Nov. 29, 2023 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the third quarter and year to date period ended October 28, 2023. For the third quarter ended October 28, 2023: Net sales increased by 14.2% to $736.4 million from $645.0 million in the third quarter of fiscal 2022; comparable sales increased by 2.5% versus the third quarter of fiscal 2022. The Company opened 74 new stores and ended the quarter with 1,481 stores in 43 states. This represents an increase in stores of 14.6% from the end of the third quarter of fiscal 2022. Operating income was $16.1 million compared to $20.9 million in the third quarter of...

Torqx declares offer for Beter Bed Holding unconditional; 95.14% of Shares now tendered or committed

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

JOINT PRESS RELEASE This is a joint press release by Beter Bed Holding N.V. (“Beter Bed Holding” or the “Company“) and 959 B.V. (the “Offeror“), a company controlled by Torqx Capital Partners (“Torqx“). This joint press release is issued pursuant to the Article 16, paragraphs 1 and 2, Article 17 paragraph 1 and Article 4, paragraph 3 of the Netherlands Decree in Public Takeover Bids (Besluit openbare biedingen Wft, the “Decree“) in connection with the recommended public offer by the Offeror for all the issued and outstanding shares in the capital of the Company (the “Offer“). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in the Company. Any offer is only made by means of the offer memorandum...

Fjárhagsáætlun Sveitarfélagsins Árborgar 2024 og þriggja ára áætlun 2025 – 2027

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

Fjárhagsáætlun Sveitarfélagsins Árborgar 2024 og þriggja ára áætlun 2025 – 2027 Fjárhagsáætlun Sveitarfélagsins Árborgar fyrir árið 2024 og þriggja ára áætlun fyrir tímabilið 2025 – 2027 var lögð fram í bæjarstjórn Árborgar til fyrri umræðu í dag. Gert er ráð fyrir að seinni umræða og afgreiðsla fjárhagsáætlunar í bæjarstjórn verði miðvikudaginn 13. desember 2024. Fjárhagsáætlun ársins 2024 gerir ráð fyrir að rekstrarniðurstaða A- og B- hluta verði jákvæð um 30 millj.kr. og EBITDA verði 3,09 ma.kr. Gert er ráð fyrir að í lok árs 2024 nemi eignir samtals 31,4 ma.kr. Gert er ráð fyrir að skuldaviðmið skv. reglugerð 502/2012 lækki niður í 144,0% árið 2024. Útkomuspá fyrir árið 2023 gerir ráð fyrir að skuldaviðmið verði 164,9%. Veltufé frá rekstri er áætlað 2,276 ma.kr árið 2024, 2,697 ma kr. árið 2025, 2,105 ma kr. árið 2026 og 2,367...

Hesai Responds to False Allegations Raised by Members of Congress

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

Point-cloud Image Taken by Hesai Lidar Point-cloud Image Taken by Hesai Lidar PALO ALTO, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) — Hesai Technology, the global leader in lidar sensor technology for both automotive and industrial applications, responded to numerous false allegations made about the company and its technology in a letter from the House of Representatives Select Committee on the Chinese Communist Party released on November 28, 2023. Hesai Lidars Do Not Store or Wirelessly Transmit Data Hesai lidars have no mechanism to store even one second of the image they see. Hesai lidars also have no wireless transmission capabilities. They contain no cellular, wi-fi, or Bluetooth, so data cannot wirelessly leak from Hesai lidars and there is no way for anyone to wirelessly extract data. TÜV Rheinland and Dekra, two of the...

Incannex Healthcare Announces Completion of its Redomiciliation to the United States

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

MELBOURNE, Australia and NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) — Incannex Healthcare Inc. (NASDAQ: IXHL) is pleased to announce that its previously announced transaction to redomicile Incannex Healthcare from Australia to the United States has been implemented as of yesterday, November 28, 2023 New York time (November 29, 2023 Melbourne time). The shares of common stock of Incannex Healthcare Inc. issued yesterday in connection with the redomiciliation are expected to commence trading on The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “IXHL” on November 30, 2023 (New York time) or as soon as possible thereafter. Incannex Healthcare Inc. will become subject to the reporting requirements of the U.S. Securities and Exchange Commission (“SEC”) and applicable corporate governance rules of Nasdaq. Further details regarding...

L.B. Foster to Present at Sidoti and Singular Conferences; Updated Corporate Investor Presentation to be Posted Online

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

PITTSBURGH, Nov. 29, 2023 (GLOBE NEWSWIRE) — L.B. Foster Company (NASDAQ: FSTR, the “Company”), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present virtually at two upcoming investor conferences: the Sidoti Small-Cap Virtual Conference on December 6, 2023 beginning at 9:15 AM EST and the Singular Research Best of the Uncovered Conference on December 7, 2023 beginning at 11:30 AM EST. The Company will post an update to its corporate investor materials titled “Investor Presentation – December 2023” on its Investor Relations website under “Presentations.” These materials will be utilized for the upcoming conference presentations and will be made available prior to the events. A video webcast of the upcoming presentations will be...

Ryvu Therapeutics Reports Third Quarter 2023 Financial Results and Provides Corporate Update

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

The total operating revenues amounted to $11.9M and increased by 42% compared to Q3 2022. Updated data from Phase Ib study of RVU120 in AML/HR-MDS to be presented at the upcoming American Society of Hematology (ASH) Annual Meeting in December. Preparations for executing Phase II clinical trials of RVU120 in AML and HR-MDS are in advanced stages. Ryvu’s PRMT5 program and synthetic lethality platform were highlighted with preclinical data recently presented at the 2023 AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics. The current cash position of $64.5M, together with other already secured funding sources provides a runway until Q1 2026. KRAKOW, Poland, Nov. 29, 2023 (GLOBE NEWSWIRE) — Ryvu Therapeutics (WSE: RVU), a clinical-stage drug discovery and development company focusing on novel small...

WeTrade Group’s Third Quarter Financial Report Disclosed To Be Untrue

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

New York, Nov. 29, 2023 (GLOBE NEWSWIRE) — WeTrade disclosed that the third quarter financial statements released by WeTrade Group Inc. (“WeTrade” or the “Company”) (NASDAQ: WETG) were not signed and released by the current management of the company. The data disclosed in the statements is not true, as follows: 1. On page 1 of the financial report, the announcement disclosed that the main administrative office area is Room 519, 5th floor, Building T3, Unit 2, Qianhai Excellence Financial Center, Guiwan District, Nanshan District, Shenzhen, China. However, regardless of the company’s announcement or data from Chinese Qichacha, the company has never had any registration information at this address. The actual address of the company is Room 101, 1st floor, Building 8, Courtyard 18, Kechuang 10th Street,...

Day: November 29, 2023

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