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Day: December 6, 2023

Vera Bradley Announces Third Quarter Fiscal Year 2024 Results

Consolidated net revenues totaled $115.0 million Net income totaled $5.1 million, or $0.16 per diluted share; non-GAAP net income totaled $6.1 million, or $0.19 per diluted share Balance sheet strengthens, with cash and cash equivalents of $52.3 million, no debt, and year-over-year inventories down 27.6% FORT WAYNE, Ind., Dec. 06, 2023 (GLOBE NEWSWIRE) — Vera Bradley, Inc. (Nasdaq: VRA) today announced its financial results for the third quarter and nine months ended October 28, 2023. In this release, Vera Bradley, Inc. or “the Company” refers to the entire enterprise and includes both the Vera Bradley and Pura Vida brands. Vera Bradley on a stand-alone basis refers to the Vera Bradley brand. Third Quarter Comments Jackie Ardrey, Chief Executive Officer of the Company, stated, “Our efforts continue on Project Restoration, and...

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Global Mobile Payment Market Size, Share & Growth Analysis, [2030] | With CAGR of 30.1%

As per the report by Fortune Business Insights, the global Mobile Payment Market Size is projected to reach USD 18.84 billion by 2030, at a CAGR of 30.1% during the forecast period. Mobile Payment Market Forecast, 2023-2030 Pune,India, Dec. 06, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global Mobile Payment Market Size was valued at USD 2.32 billion in 2022 and is projected to grow from USD 2.98 billion in 2023 to USD 18.84 Trillion by 2030, exhibiting a CAGR of 30.1% during the forecast period. Customers can securely replace cash-based transactions with mobile payments, allowing rapid money transfers. The use of mobile-based payment solutions is being boosted by the expansion of high-speed mobile networks and the proliferation of smartphones. Growing e-commerce companies and the digitization of payment...

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Global Dental Market Size, Share & Growth Analysis, [2030] | With CAGR of 7.9%

As per the report by Fortune Business Insights, the Dental Market size is projected to reach USD 65.23 billion by 2030, at a CAGR of 7.9% during the forecast period. Dental Market Dental Market (2023-2030) Pune, India, Dec. 06, 2023 (GLOBE NEWSWIRE) — The global dental market size was USD 36.08 billion in 2022, and it is estimated to expand from USD 38.21 billion in 2023 to USD 65.23 billion by 2030, exhibiting a CAGR of 7.9% over the projected period. Numerous advantages connected with endodontic and periodontal services are what are fueling the increase. The treatments are almost painless and economical.   Rising oral disorders, particularly periodontal disease, tooth decay, and malocclusion, drive global demand for prosthetics, implants, and intraoral scanners. For example, half of U.S. adults had gum disease in 2020. Fortune...

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Autonomous Mobile Robots Market Size [2023-2028] worth USD 8.70 Billion by 2028 | Autonomous Mobile Robots Market Report 2023

According to Fortune Business Insights, the global Autonomous Mobile Robots Market size is projected to grow from USD 1.67 billion in 2020 to USD 8.70 billion in 2028 at CAGR of 23.7% during forecast period. Pune, India, Dec. 06, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global Autonomous Mobile Robots Market size was valued at USD 1.67 billion in 2020. The market is anticipated to grow from USD 1.97 billion in 2021 to USD 8.70 billion by 2028, exhibiting a CAGR of 23.7% over the estimated period. The coronavirus had a dramatic effect on global businesses and manufacturing hubs. However, the progressive shift towards automation during the pandemic has created lucrative opportunities for the autonomous mobile robot’s market. Fortune Business Insights™ provides this information in its research report,...

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The Lovesac Company Reports Third Quarter Fiscal 2024 Financial Results

Net Sales Growth of 14.3%Net loss improves 68.2% STAMFORD, Conn., Dec. 06, 2023 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch, today announced financial results for the third quarter of fiscal 2024, which ended October 29, 2023. Shawn Nelson, Chief Executive Officer, stated, “We delivered another quarter of strong financial results and category outperformance highlighted by 14.3% net sales growth on top of 15.5% net sales growth in the fiscal third quarter of last year. Our disruptive Designed For Life platform, commitment to product innovation, compelling marketing, and highly productive omnichannel footprint continue to distinguish our unique brand and engender customer love and loyalty.” Mr....

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MoneyHero Group Reports Third Quarter 2023 Results

FINANCIAL HIGHLIGHTS1 Revenue of US$20.3 million, up 17% Year-Over-Year Adjusted EBITDA loss improved to US$(1.3) million SINGAPORE, Dec. 06, 2023 (GLOBE NEWSWIRE) — MoneyHero Limited (Nasdaq:MNY) (“MoneyHero” or the “Company”), a market leading personal finance aggregation and comparison platform in Greater Southeast Asia, today announced financial results for the quarter ended September 30, 2023. Management Commentary: Prashant Aggarwal, Chief Executive Officer, stated, “In a robust display of market performance, MoneyHero Group achieved notable milestones across multiple regions during the third quarter. In Singapore, revenues soared by 50% year-over-year to US$9.5 million, with the strongest growth coming from our credit cards and insurance verticals, thanks to aggressive marketing campaigns and an advantageous client mix....

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General Counsel Report from FTI Consulting and Relativity Reveals Declining Risk Preparedness Across Global Corporate Legal Departments

In-Depth Survey Shows Increased Scope and Scale of Risk Driving Change Across Legal Department Strategy, Technology and Operations WASHINGTON, Dec. 06, 2023 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) and global legal technology company Relativity today announced findings from The General Counsel Report. The study uncovered substantial changes in how global legal departments are strategizing around and preparing for their biggest risks. The report, which is based on a detailed survey and one-on-one interviews between Ari Kaplan and chief legal officers at large corporations in every major region around the world, revealed contrasting priorities throughout nearly every area of the corporate legal function, including equal enthusiasm and caution regarding technology transformation and investments in hiring amid budget constraints....

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Century Therapeutics Receives FDA Clearance of IND Application for CNTY-101 in Systemic Lupus Erythematosus

– Represents second IND clearance for CNTY-101, the Company’s lead iPSC-derived CD19-targeted CAR NK cell product candidate, and first in an autoimmune and inflammatory disease indication – – Company plans to initiate the Phase 1 clinical trial in the first half of 2024; initial data expected by year-end 2024 – – CNTY-101 is the first cell therapy product candidate engineered with six precision gene edits including a CD19-CAR, Allo-Evasion™ technology, IL-15 cytokine support and a safety switch – PHILADELPHIA, Dec. 06, 2023 (GLOBE NEWSWIRE) — Century Therapeutics (NASDAQ: IPSC), an innovative biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies in immuno-oncology and autoimmune and inflammatory disease, today announced that the Company has been notified by the U.S. Food and Drug Administration...

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Dragonfly Energy Partners with Ameresco Inc. to Boost Renewable Energy and Power System Applications

Dragonfly Energy to supply batteries to be included in industrial solar applications by Ameresco, Inc. that will be available as part of the build-in Ameresco stationary energy storage applications across various industries including industrial, security, surveillance, traffic, telecom, oil & gas, utilities, agriculture, and more. RENO, Nev., Dec. 06, 2023 (GLOBE NEWSWIRE) — Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), maker of Battle Born Batteries™ and an industry leader in energy storage, announced today that beginning early next year the Company will be a supplier of battery systems for select projects for Ameresco, Inc. (“Ameresco”) (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy. Dragonfly Energy’s Battle Born Batteries™...

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DevvStream Awarded World Finance Innovation Award for 2023

Leading carbon credit developer recognized as “Most Innovative Company in the Carbon Offset Industry – 2023” VANCOUVER, British Columbia, Dec. 06, 2023 (GLOBE NEWSWIRE) — DevvStream Holdings Inc. (“DevvStream” or the “Company”) (CBOE: DESG) (OTCQB: DSTRF) (FSE: CQ0), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, today announced it has been named 2023’s Most Innovative Company in the Carbon Offset Industry by World Finance. The World Finance Innovation Awards recognize industry leaders who are disrupting systems of production, management, and governance and are creating a new tomorrow. “We are honored to be recognized as the most innovative company in the carbon offset industry this year,” said Sunny Trinh, CEO, DevvStream. “Innovation sits at the heart of everything...

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