Year: 2023

Aino Health (publ) changes Certified Adviser to Carnegie Investment Bank AB (publ)

Written by Customer Service on November 30, 2023. Posted in Public Companies.

Aino Health today announces a change of Certified Adviser from Erik Penser Bank AB to Carnegie Investment Bank AB (publ). Aino Health has entered into an agreement with Carnegie Investment Bank AB (publ) regarding the position as Certified Adviser. Carnegie Investment Bank AB (publ) will take over as Certified Adviser on November 30, 2023. Until then, Erik Penser Bank AB will continue to act as Certified Adviser to the company. The Company’s Certified Adviser is Carnegie Investment Bank AB (publ). For more informationJyrki EklundCEO Aino HealthPhone: +358 40 042 4221jyrki.eklund@ainohealth.com About Aino Health (publ)Aino Health is the leading provider of Software as a Service solutions in Corporate Health Management.The company’s complete system of SaaS platforms and services reduces sick leave, lowers related costs and improves business...

Quadient surpasses €200 million in Software Annual Recurring Revenue at the end of the third quarter 2023

Written by Customer Service on November 30, 2023. Posted in Public Companies.

Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces it has reached a significant milestone as its Software Annual Recurring Revenue (ARR), a forward-looking indicator of future subscription revenue, surpassed €202 million at the end of the third quarter of the 2023 fiscal year, started on February 1, 2023. Growth in ARR has been accelerating since 2019 with a change in business model from license to software as a service (SaaS), resulting in the ARR nearly doubling in less than 4 years, and with subscription-related revenue increasing from 50% to 80% of total software revenue over the same period. At the end of the third quarter, Quadient’s software delivered a strong 13.4% annualized organic growth in ARR, demonstrating Quadient’s capacity...

Gear Motor Market Size to Hit $8.91 Billion by 2029 | Fortune Business Insights

Written by Customer Service on November 30, 2023. Posted in Mergers And Acquisitions.

Gear Motor Market is Anticipated to Reach Valuation of USD 8.91 Billion by 2029 with a CAGR of 3.4% During the Forecast Period 2022-2029: Fortune Business Insights™ Pune, India, Nov. 30, 2023 (GLOBE NEWSWIRE) — The global gear motor market size was valued at USD 6.65 billion in 2021 and is projected to grow from USD 7.03 billion in 2022 to USD 8.91 billion by 2029 with a CAGR of 3.4% during the forecast period. Integration of Internet of Things (IoT) for modernization of industrial infrastructure is expected to open a new set of opportunities is anticipated to drive market growth. Steep rise in the IoT systems for increased connectivity and data analysis in automation systems is expected to propel the market course. Growing number of investments in power generation is projected to assist in the market development. Fortune...

FRO – Third Quarter and Nine Months 2023 Results

Written by Customer Service on November 30, 2023. Posted in Earnings Releases And Operating Results.

FRONTLINE PLC REPORTS RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the nine months ended September 30, 2023: HighlightsProfit of $107.7 million, or $0.48 per basic and diluted share for the third quarter of 2023. Adjusted profit of $80.8 million, or $0.36 per basic and diluted share for the third quarter of 2023. Declared a cash dividend of $0.30 per share for the third quarter of 2023. Reported revenues of $377.1 million for the third quarter of 2023. Announced agreement for an integrated solution to the strategic and structural deadlock in Euronav NV (“Euronav”). Closed the sale of 13.7 million shares of Euronav to CMB NV for proceeds of $252.0 million. Entered into agreements with Euronav to purchase 24 VLCCs with an average age of 5.3 years,...

Burning Rock Reports Third Quarter 2023 Financial Results

Written by Customer Service on November 30, 2023. Posted in Earnings Releases And Operating Results.

GUANGZHOU, China, Nov. 30, 2023 (GLOBE NEWSWIRE) — Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today reported financial results for the three months ended September 30, 2023. Recent Business UpdatesTherapy Selection and Minimal Residual Disease (MRD)Personalized Minimal Residual Disease (MRD) product, brPROPHETTM supports advancement in early-stage non-small cell lung cancer treatment, with results published in the Cancer Cell in September 2023. The study, MEDAL, is a 5-year study that aimed to investigate the clinical utility of MRD in patients with non-small cell lung cancer (NSCLC) with various approaches to ctDNA detection, including MEDAL-Methylation and...

Azerion publishes interim Q3 2023 results

Written by Customer Service on November 30, 2023. Posted in Earnings Releases And Operating Results.

Platform growth and improved efficiency driving profitability growth of +48% YoY Highlights of Q3 2023Net revenue of approximately € 108.5 million, up +2.8% from approximately € 105.5 million Q3 2022 mainly driven by Platform growth, particularly in advertising revenue from Direct sales, and the integration of previous acquisitions. Adjusted EBITDA of approximately € 18.3 million, up +48% from approximately € 12.4 million in Q3 2022 due to improved margins due to increased Platform revenue and contribution from Direct sales, continued integration of previous acquisitions and ongoing cost optimisation. Platform segment Adjusted EBITDA of approximately € 13.5 million, an increase of +88% compared to €7.2 million in Q3 2022, reflecting improved margins due to increased Platform revenue and contribution from Direct sales, continued integration...

Consolidated Unaudited Interim Report of AS PRFoods for the 1nd quarter and 3 months of 2023/2024 financial year

Written by Customer Service on November 30, 2023. Posted in Earnings Releases And Operating Results.

Consolidated Unaudited Interim Report of AS PRFoods for the 1nd quarter and 3 months of 2023/2024 financial year MANAGEMENT COMMENTARY 1st Quarter of current financial year started with good results from UK, fish farming season in full swing and Estonian operations suffering from discontinuation of sales to Finland due to anti-competition situation. Q1 is one of quieter seasons for us as the seasonality plays strong role in Q2 and Q4. Sales were down 26%, EBITDA was less only by 140,000 EUR. More importantly our operating loss decreased by 50%. In times like these even incremental but steady improvements will bring about results in long term. The operations have been massively streamlined, cost efficiency at its best and we know that once the exclusivity period ends and we can restart exports to Finland, the profitability of Estonian business...

Statement from Daily Journal Corporation regarding the passing of Charles T. Munger

Written by Customer Service on November 30, 2023. Posted in Public Companies.

LOS ANGELES, Nov. 29, 2023 (GLOBE NEWSWIRE) — There is deep sadness across Daily Journal and Journal Technologies following news of the passing of Charles T. Munger on November 28, 2023. Above all, our condolences go to Charlie’s family and his many friends. Charlie will be remembered for generations to come as a person of deep integrity and wisdom. He was an extraordinary thinker, investor, philanthropist, polymath, and human being. His life and approach have touched many people and organizations. In business, Charlie is of course most famous for his legendary contributions at Berkshire Hathaway. However, following his original acquisitions of what eventually became Daily Journal Corporation, and in his long-time role over many decades as our Chairman, Charlie was instrumental in charting our course, contributing to our financial...

LNG Energy Group Announces Third Quarter 2023 Financial and Operating Results and Completes Acquisition of Lewis Energy Colombia, Providing Visible Pathway to Value Added Growth

Written by Customer Service on November 30, 2023. Posted in Earnings Releases And Operating Results.

Key Highlights:During the quarter, LNG Energy Group completed the acquisition of Lewis Energy Colombia. Acquired assets provide significant operated natural gas and condensate production, and additional undeveloped exploration and development acreage. Listed for trading on the TSX Venture Exchange in mid-September, while also listed on the U.S. Over-the-Counter Market (OTCQB) and the Frankfurt Stock Exchange mid-November. Lewis Energy Colombia entered into long-term natural gas sales contracts providing immediate asset value growth. LNG Energy Group drilled its first well, Bullerengue West No. 5. LNG Energy entered into a $13.3 million letter of credit facility with Macquarie Group.TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — LNG Energy Group Corp. (TSXV: LNGE) (TSXV: LNGE.WT) (OTCQB: LNGNF) (FRA: E26) (the “Company” or “LNG Energy...

Xenon Pharmaceuticals Announces Pricing of Upsized $300.0 Million Public Offering

Written by Customer Service on November 30, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE) (“Xenon”), a neurology-focused biopharmaceutical company, today announced the pricing of its upsized underwritten public offering of 8,461,542 common shares and, in lieu of common shares to certain investors, pre-funded warrants to purchase up to 769,230 common shares pursuant to its existing shelf registration statement. The common shares are being offered at a public offering price of $32.50 per common share and the pre-funded warrants are being offered at a price of $32.4999 per pre-funded warrant. The gross proceeds to Xenon from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Xenon, are expected to be approximately $300.0 million. In addition, Xenon has granted...

Year: 2023

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