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Year: 2023

GEMXX Corporation Posts Positive Quarterly Revenues and Updates Shareholders on Financial Results

LAS VEGAS, Nov. 21, 2023 (GLOBE NEWSWIRE) — via IBN / GEMXX Corporation (OTC: GEMZ) (“GEMXX” or the “Company”), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration Company Crazy Horse Mining, Inc. (“CHMI” or “Crazy Horse”), announces upbeat revenue results and shares Company achievements with investors. GEMXX management is highlighting significant achievements to solidify its strong foundation for the Company moving forward in the coming year. The Company performed well in the last quarter and looks forward to the second half of the Company’s fiscal year. “We are pleased with the performance of the Company, and we are excited for the anticipated growth in shopping television sales and 2024 production of our gold assets. We look forward to updating shareholders...

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Jet.AI Reports Third Quarter 2023 Financial Results

LAS VEGAS, Nov. 21, 2023 (GLOBE NEWSWIRE) — Jet.AI (the “Company”) (Nasdaq: JTAI), an innovative private aviation and artificial intelligence (“AI”) company, announced financial results for the third quarter ended September 30, 2023. Third Quarter 2023 and Recent Operational HighlightsRevenues of $3.4 million in 3Q23 grew over 270% compared to the same period last year when excluding the benefit in 3Q22 from Fractional/Whole Aircraft Sales. Including Fractional/Whole Aircraft Sales, total 3Q23 revenues were down from $11.9 million in 3Q22 due to the absence of aircraft available for sale this year. Advanced discussions with Bombardier remain ongoing for the purchase of Challenger 3500 aircraft, intended to add to the company’s inventory of planes available for sale. Launched AI-powered charter booking platform, CharterGPT. CharterGPT...

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Northern Technologies International Corporation Reports Financial Results For Fourth Quarter and Full Year Fiscal 2023

MINNEAPOLIS, Nov. 21, 2023 (GLOBE NEWSWIRE) — Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the fourth quarter and fiscal year ended August 31, 2023. Full year fiscal 2023 financial and operating highlights include (with growth rates on a fiscal year-over-year basis):Consolidated net sales increased 7.7% to a record of $79,903,000 ZERUST® industrial net sales increased 2.0% to a record of $53,926,000 ZERUST® oil and gas net sales increased 69.3% to a record of $7,802,000 Natur-Tec® product net sales increased 8.8% to a record of $18,175,000 NTIC China net sales decreased 14.5% to $13,469,000 Joint venture operating income increased 10.9% to...

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LEEF Brands Inc. Reports Third Quarter 2023 Financial Results

Adjusted EBITDAAdjusted EBITDAVANCOUVER, British Columbia, Nov. 21, 2023 (GLOBE NEWSWIRE) — LEEF Brands, Inc. (“LEEF” or the “Company”) (CSE: LEEF, OTC: LEEEF), a premier vertical cannabis operator, today announced its financial results for the three and nine months ended September 30, 2023. Unless otherwise noted, all currency references are in United States dollars. Financial Highlights:Net sales of $5.7M for the three months ended September 30, 2023 and $24.6M for the nine months ended September 30, 2023, represents a year over year increase of 10%. Gross Profit of $1.9M for the three months ended September 30, 2023 and $8.2M for the nine months ended September 30, 2023, represents a year over year increase of 6%. Gross Margin of 32.8% for the three months ended September 30, 2023 and 33.5%...

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Alpine Income Property Trust Declares Dividend For the Fourth Quarter 2023

WINTER PARK, Fla., Nov. 21, 2023 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.275 per share of common stock for the fourth quarter of 2023 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 6.9% based on the closing price of the Company’s common stock on November 20, 2023. The Common Stock Cash Dividend is payable on December 29, 2023, to stockholders of record as of the close of business on December 14, 2023, and the ex-dividend date for the Common Stock Cash Dividend is December 13, 2023. About Alpine Income Property Trust, Inc. Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate...

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CTO Realty Growth Declares Dividends for the Fourth Quarter 2023

WINTER PARK, Fla., Nov. 21, 2023 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) announced today that its Board of Directors has authorized, and the Company has declared a quarterly cash dividend of $0.38 per share of common stock for the fourth quarter of 2023 (the “Common Stock Cash Dividend”). The Common Stock Cash Dividend represents an annualized yield of approximately 9.1% based on the closing price of the Company’s common stock on November 20, 2023. The Common Stock Cash Dividend is payable on December 29, 2023, to stockholders of record as of the close of business on December 14, 2023, and the ex-dividend date for the Common Stock Cash Dividend is December 13, 2023. The Board of Directors also authorized, and the Company has declared, a quarterly cash dividend of $0.39844 per share of the...

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Tritium Supplies Rapid Chargers for Wales’ Largest EV Charging Facility

Tritium Supplies Chargers for National Library of WalesTritium Supplies Chargers for National Library of WalesNew retail EV charging site at the National Library of Wales in Aberystwyth – Wales’ largest EV charging site – will enable up to 40 electric vehicles to charge simultaneously. The retail site located at the National Library of Wales brings much-needed charging capacity to Wales, as the country aims to establish 4,000 EV chargers by 2030. It includes five rapid Tritium 75kW DC chargers with 10 connectors.LONDON, Nov. 21, 2023 (GLOBE NEWSWIRE) — Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced that the company will provide the rapid chargers for Wales’ largest EV charging facility. With this new charging site, locals,...

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GD Culture Group Enters into Memorandum of Understanding with Pier E Media for Expansion into TikTok Agency Business

NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) — GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a Nevada holding company conducting business through its subsidiaries AI Catalysis Corp. (“AI Catalysis”), today announced the signing of a Memorandum of Understanding (the “MOU”) between AI Catalysis and Pier E Media, a leading influencer agency that connects brands with influential content creators, to expand its agency business on TikTok. The collaboration marks GDC’s strategic expansion into TikTok agency business, which is critical in boosting the Company’s performance in eCommerce and game live streaming sectors and strengthening its connections with TikTok content creators. Pursuant to the MOU, AI Catalysis and Pier E Media shall act as the Movement directors. Additionally, Pier E Media grants the rights to AI...

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Infinera Awarded California Competes Grant to Increase Domestic Production of Next-generation Semiconductors

SAN JOSE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) — Infinera (Nasdaq: INFN) announced today it has been awarded a California Competes (CalCompetes) grant valued at up to $14 million over five years by the California Governor’s Office of Business and Economic Development (GO-Biz). This is a first step to expand and modernize Infinera’s U.S.-based domestic production of next-generation semiconductors and continue to support innovation and economic development in the United States in future years. The CalCompetes grant will enable Infinera, a domestic optical compound semiconductor manufacturer with in-house fab operations and advanced test and packaging capabilities in multiple states, to build upon its 20+ year history in the United States and continue to drive innovation in indium phosphide-based compound semiconductor and monolithic...

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CPI Aerostructures Receives $4.4M Orders from Embraer for Engine Inlet Assemblies

EDGEWOOD, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several additional orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets. These new orders will see deliveries continue into 2024. “CPI Aero is proud to be part of the successful Phenom 300 program where we continue to demonstrate our capabilities in assembly & integration of complex, mixed-commodity Aerostructures. During the last 10+ years, we have delivered over 1,600 Engine Inlet Assemblies and fully expect to continue serving this important customer beyond 2024,” stated Dorith Hakim, CPI Aero’s CEO & President. About CPI Aero CPI Aero is a U.S....

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