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Month: November 2023

American Environmental Partners Announces Third Quarter 2023 Financial Results

Continues Progress on Streamlining Operations to Focus on Core Environmental Services Business CANONSBURG, PA, Nov. 30, 2023 (GLOBE NEWSWIRE) — via NewMediaWire  – American Environmental Partners, Inc. (“American Environmental,” “AEPT” or “the Company”) (PINK: AEPT), a mission critical environmental services company focused on remediation and processing solutions for infrastructure and industrial companies, today announced its financial results for the third quarter ended Sept. 30, 2023. Third Quarter 2023 Financial Results Total revenue decreased 21% to $6.7 million from $8.5 million from the year-ago period, primarily due to discontinued unprofitable services in the Apex industrial business lines. General and administrative (“G&A”) expenses were $6.5 million, down 8% from $7.1 million, compared to the three months ended...

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Atlantic Petroleum – Condensed Consolidated Interim Report – 3rd Quarter 2023

Tórshavn, Faroe Islands, 2023-11-30 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK) today posts its 3rd quarter results for 2023. This announcement should be read in conjunction with Atlantic Petroleum’s Condensed Consolidated Interim Report, which is released separately and posted on the Company’s website. Highlights for Q3 2023: G&A cost was DKK 2.0MMOperating loss was DKK 0.0MMNet loss was DKK 1.5MMNet assets/share-holders equity was DKK -98.8MMBank debt was DKK 59.4MM Atlantic Petroleum in brief: Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company currently has subsidiaries and offices in the UK. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen. Further Details: Further...

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GigaCloud Technology Inc Announces Third Quarter 2023 Financial Results

Another Consecutive Quarter of Record Profitability Completion of Noble House and Wondersign Acquisitions Subsequent to Quarter End EL MONTE, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter ended September 30, 2023. Third Quarter 2023 Financial HighlightsTotal revenues were $178.2 million in the third quarter of 2023, an increase of 39.2% from $128.0 million in the third quarter of 2022. Gross profit was $48.9 million in the third quarter of 2023, an increase of 117.3% from $22.5 million in the third quarter of 2022. Gross margin increased to 27.4% in the third quarter of 2023 from 17.6% in the third quarter of 2022. Net...

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Ambarella, Inc. Announces Third Quarter Fiscal Year 2024 Financial Results

SANTA CLARA, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its third quarter of fiscal year 2024 ended October 31, 2023.Revenue for the third quarter of fiscal 2024 was $50.6 million, down 39% from $83.1 million in the same period in fiscal 2023. For the nine months ended October 31, 2023, revenue was $174.9 million, down 31% from $254.3 million for the nine months ended October 31, 2022. Gross margin under U.S. generally accepted accounting principles (GAAP) for the third quarter of fiscal 2024 was 59.3%, compared with 62.2% for the same period in fiscal 2023. For the nine months ended October 31, 2023, GAAP gross margin was 60.6%, compared with 62.6% for the nine months ended October 31, 2022. GAAP net loss for the third quarter...

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Zumiez Inc. Announces Fiscal 2023 Third Quarter Results

LYNNWOOD, Wash., Nov. 30, 2023 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the third quarter ended October 28, 2023. Net sales for the third quarter ended October 28, 2023 (13 weeks) decreased 8.9% to $216.3 million from $237.6 million in the third quarter ended October 29, 2022 (13 weeks). Net loss in the third quarter of fiscal 2023 was $2.2 million, or $0.12 per diluted share, compared to net income of $6.9 million, or $0.36 per diluted share, in the third quarter of the prior fiscal year. Total net sales for the nine months (39 weeks) ended October 28, 2023 decreased 12.5% to $593.7 million from $678.3 million reported for the nine months (39 weeks) ended October 29, 2022. Net loss for the first...

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Vision Sensing Acquisition Corp. Announces Intention to Extend Period to Consummate Initial Business Combination to January 3, 2024

MIAMI, Nov. 30, 2023 (GLOBE NEWSWIRE) — Vision Sensing Acquisition Corp. (NASDAQ: VSACU, VSAC, VSACW) (the “Company”) a special purpose acquisition company, announced today that it has notified Continental Stock Transfer & Trust Company that it intends to extend the date by which the Company must consummate its initial business combination from December 3, 2023, to January 3, 2024, and that its sponsor, Vision Sensing, LLC, intends to deposit into the Company’s trust account an aggregate of $60,000 by December 4, 2023 (the “Extension”). In connection with the Extension, the Company intends to issue to its sponsor a non-interest bearing, unsecured promissory note in the principal amount of $60,000 as consideration for the funding. This will be the second of up to six one-month extensions that the Company is authorized to obtain...

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Raymond James Financial Raises Quarterly Dividends on Common Stock; Increases Common Stock Repurchase Authorization

ST. PETERSBURG, Fla., Nov. 30, 2023 (GLOBE NEWSWIRE) — On November 30, 2023, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable January 16, 2024 to shareholders of record on January 2, 2024. This is a 7.1% increase over the previous dividend of $0.42 per share paid on October 16, 2023. The Board declared a quarterly dividend of $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE:  RJF PrB) payable January 2, 2024, to shareholders of record on December 15, 2023.  The Board also authorized repurchase of the company’s shares of common stock in an aggregate amount of up to $1.5 billion. The $1.5 billion authorization replaces the previous repurchase authorization...

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Hut 8 and USBTC Announce Completion of Business Combination

Shares of Hut 8 Corp. common stock are expected to begin trading on Nasdaq and the TSX on December 4 under the ticker symbol “HUT” Completion of the transaction creates a strong, diversified, and infrastructure rich organization with a pipeline of greenfield and brownfield opportunities TORONTO and MIAMI, Nov. 30, 2023 (GLOBE NEWSWIRE) — Hut 8 Mining Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”) one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, proudly announces the completion of its business combination pursuant to which Hut 8 and U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC”) have combined in an all-stock merger of equals (the “Transaction”). The combined company is named “Hut 8 Corp.” (“New Hut”) and is a U.S.-domiciled...

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Avricore Health Corporate Update – Company Demonstrates Strong Growth

VANCOUVER, British Columbia, Nov. 30, 2023 (GLOBE NEWSWIRE) — AVRICORE HEALTH INC. (TSXV: AVCR) (the “Company” or “AVCR”) reports on its third quarter results which demonstrate significant growth in pharmacy locations offering HealthTab driving strong revenue growth and operational cashflow positivity. With demand for clinical services growing in pharmacies thanks to the ever-expanding scope and demonstrated success they are having with it; the Company expects to finish the year well ahead of the year previous and have great momentum for 2024. “Patients and pharmacists are discovering and accessing new information that’s having a powerful impact on their care and support thanks to HealthTab,” said Hector Bremner, CEO of Avricore Health Inc. “Our ambition of helping more people live better is becoming reality each day...

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JCDecaux Top Media and Grupo Publigrafik merge their activities in Central America, becoming the most diversified outdoor advertising platform in terms of geographies and products as well as services

JCDecaux Top Media and Grupo Publigrafik merge their activities in Central America, becoming the most diversified outdoor advertising platform in terms of geographies and products as well as services Paris, November 30th, 2023 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that its majority-owned subsidiary JCDecaux Top Media and Grupo Publigrafik’s outdoor advertising branch in Central America have merged today. Under this agreement, the new joint-venture which will operate in 6 countries (Guatemala, Panama, Costa Rica, El Salvador, Honduras and Nicaragua) is owned by JCDecaux SE [55.6%], Grupo Publigrafik’s existing shareholders [27%] and Top Partners [17.4%]. Created in 1989 in Guatemala by Moises Beer and Enrique Beer, Grupo Publigrafik is a family-owned group with operations...

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