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Year: 2023

Kingsoft Cloud Announces Unaudited Third Quarter 2023 Financial Results

BEIJING, Nov. 21, 2023 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, “This quarter, we are excited to see our strategy of embracing AI bearing fruit, as AI business revenue grew rapidly, generating healthy, sustainable margin and securing a strong pipeline. We also remained steadfast in the strategic adjustment of CDN business, as we see revenue contribution from the largest CDN customer further decreasing to 12% as compared with 16% in the previous quarter. We expect to deepen our strategic planning and engagement with Xiaomi and Kingsoft in their...

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Air Brake System Market Size to Grow Worth $7.66 Billion by 2030 | Fortune Business Insights

Air Brake System Market to Grow at 3.5% CAGR over 2023 to 2030; Knorr Bremse Signed a Contract With Alstom to Provide Electropneumatic Braking Systems Pune, India., Nov. 21, 2023 (GLOBE NEWSWIRE) — The global air brake system market size was valued at USD 5.90 billion in 2022. The industry is expected to expand from USD 6.03 billion in 2023 to USD 7.66 billion by 2030, exhibiting a CAGR of 3.5% over the study period. Commercial vehicles such as railways, trucks, and bases generally deploy air brakes. The market expansion can be ascribed to the growing focus of market players on the development of electronic brake systems to increase vehicle safety. Moreover, technologies are being developed by companies for the reduction of air braking system’s weight without compromising safety and performance. Market Drivers & Restraints- Technological...

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Embecta Corp. Reports Fiscal 2023 Fourth Quarter and Full Year Financial Results and Provides Initial Fiscal 2024 Financial Guidance

PARSIPPANY, N.J., Nov. 21, 2023 (GLOBE NEWSWIRE) — Embecta Corp. (“embecta” or the “Company”) (Nasdaq: EMBC), a global diabetes care company, today reported financial results for the three- and twelve-month periods ended September 30, 2023. “During fiscal 2023, our first full year as an independent company, we delivered better than expected performance during each quarter, including strong performance during our fiscal fourth quarter,” said Devdatt (Dev) Kurdikar, Chief Executive Officer of embecta. “As we look ahead to fiscal 2024, we remain focused on advancing our strategic priorities and continuing to invest in the development of our type 2 closed loop insulin delivery system.” embecta spun off from Becton, Dickinson and Company (“BD”) on April 1, 2022 (the “Separation Date”)....

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Artificial Lift System Market to Reach $13 Billion by 2026: Growing at 5.32% CAGR | Global Industry Analysis Reveals Significant Expansion in Oil and Gas Extraction Efficiency – Fortune Business Insights™

The global artificial lift system market is driven by the growing demand for efficient oil and gas extraction, technological advancements, and the need for enhanced production from oil fields, fostering market growth. Pune, India, Nov. 21, 2023 (GLOBE NEWSWIRE) — The global artificial lift system market size was valued at USD 8.4 billion in 2018 and is projected to reach USD 13 billion by 2026, growing at a CAGR of 5.32% during the forecast period. The ever grossing demand for hydrocarbon will help the global artificial lift system market to grow at a fast pace. According to a report published by Fortune Business Insights, titled, “Artificial Lift System: Global Market Analysis, Insights, And Forecast, 2018-2026,” the market will rise from its 2018 valuation of USD 8.4 billion at a CAGR of 5.32%. Artificial list system provides...

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Air Freight Market Size Worth USD 587.22 Billion in 2032 | Emergen Research

Rising popularity of consolidated air freight services is a major factor driving air freight market revenue growth Vancouver, Nov. 21, 2023 (GLOBE NEWSWIRE) — The global air freight market size is expected to reach USD 587.22 Billion in 2032 and register a steady revenue CAGR of 5.7% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for air freight in healthcare industries for rapid transportation of critical supplies and pharmaceuticals is a key factor driving market revenue growth. The pharmaceutical and healthcare sectors are witnessing rapid growth due to rising global demand for medical supplies and medications, making reliable transportation a crucial aspect of their success. Air freight has become a vital transportation method for these industries, offering speed, efficiency, and...

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Sidetrade financial calendar 2024

Sidetrade, the global leader in AI-powered Order-to-Cash applications, today announces its 2024 financial calendar. Annual Revenue for 2023Tuesday 23 January 2024after stock market closes Annual Results for 2023Wednesday 27 March 2024after stock market closes First Quarter Revenue for 2024Tuesday 16 April 2024after stock market closes Annual Shareholder general meeting 2024Thursday 20 June 2024from 11:00am to 12:30pm (CEST) First Half Year Revenue for 2024Tuesday 16 July 2024after stock market closes First Half Year Results for 2024Tuesday 10 September 2024after stock market closes Third Quarter Revenue for 2024Tuesday 15 October 2024after stock market closes Annual Revenue for 2024Tuesday 21 January 2025 after stock market closes Investor relationsChristelle Dhrif                  00 33 6 10 46 72 00           cdhrif@sidetrade.com Media...

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Automotive Power Modules Market Size Worth USD 21.81 billion, Globally, by 2030 at a CAGR of 18.89%

Automotive Power Modules Market to Reach USD 21.81 Billion by 2030; Electrification Technology Spurs Widespread Adoption and Innovation in Power Conversion Electronics Pune, India, Nov. 21, 2023 (GLOBE NEWSWIRE) — The global automotive power modules market size was valued at USD 4.53 billion in 2022. The market is projected to grow from USD 6.49 billion in 2023 to USD 21.81 billion in 2030 at a CAGR of 18.89% during the forecast period. Automotive power modules have become integral in high-voltage power conversion for hybrid and electric vehicles, consolidating multiple components into efficient, isolated units. The rise of electrification technology has driven their widespread adoption, supplanting traditional discrete electronic components and contributing to innovation in power conversion electronics. Fortune Business Insights...

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Automotive Smart Display Market Size Worth $23.37 Billion, Globally, by 2030 at a CAGR of 6.8%

Automotive Smart Display Market to Grow at a CAGR of 6.8% during 2023-2030; Rising Integration of Smartphone Connectivity into Vehicle to Aid Market Growth Pune, India, Nov. 21, 2023 (GLOBE NEWSWIRE) — The global automotive smart display market size was valued at USD 13.92 billion in 2022. The market is projected to grow from USD 14.72 billion in 2023 to USD 23.37 billion by 2030, exhibiting a CAGR of 6.8% during the forecast period. Fortune Business Insights™ mentioned this in a report titled “Automotive Smart Display Market, 2023-2030.” The automotive smart display ensures vehicular safety by providing driver safety functions, tire pressure, fuel capacity, and real-time battery and engine temperature diagnostics. The smart displays support smartphone integration, including Android Auto and Apple CarPlay, to enhance the...

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Grieg Seafood ASA: Mandatory Notification of Trade – Person Closely Associated with Primary Insider

Skippergata 24 AS, a person closely associated with Tore Holand, Board member in Grieg Seafood ASA, has acquired 3,000 shares in Grieg Seafood ASA (ISIN: NO0010365521) at NOK 64.53 per share on Oslo Stock Exchange on 21 November 2023. Skippergata 24 AS’s total shareholding after this trade is 4,000 shares. In addition, Tore Holand owns 2,000 shares personally.This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and art. 19 of the market abuse regulation.

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Acoustic Vehicle Alert System Market Worth $20.15 Billion, Globally, by 2030 at a CAGR of 37.4%

Acoustic Vehicle Alert System Market to Grow at a CAGR of 37.4% During 2023-2030; Increasing Commercialization of Electric Vehicles to Propel Asia Pacific Market Growth Pune, India, Nov. 21, 2023 (GLOBE NEWSWIRE) — The global acoustic vehicle alert system market size was USD 1.61 billion in 2022. The market is projected to grow from USD 2.18 billion in 2023 to USD 20.15 billion by 2030, exhibiting a CAGR of 37.4% during 2023-2030. Fortune Business Insights™ mentioned this in a report titled “Acoustic Vehicle Alert System Market, 2023-2030.” Acoustic Vehicle Alerting System (AVAS) provides safety by making pedestrians and cyclists aware of the vehicle’s presence. The AVAS is designed for hybrid and fully electric vehicles. The market is expected to grow due to the increasing demand for advanced vehicles...

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