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Year: 2023

Ardelyx Reports Third Quarter 2023 Financial Results and Updates 2023 U.S. IBSRELA® Net Sales Revenue Guidance

Continued successful launch of IBSRELA, with Q3 net sales revenue of $22.3 million; Company currently expects 2023 full year IBSRELA U.S. net sales revenue to be $76 to $78 million XPHOZAH® launch underway following October 17, 2023 FDA approval Company ends Q3 with $165.1 million in cash, cash equivalents and short-term investments Conference call scheduled for 8:00 AM Eastern Time WALTHAM, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) — Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs, today reported financial results for the third quarter ended September 30, 2023 and provided a business update. “Ardelyx is effectively advancing on all fronts with clear focus, evidenced by the continued...

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TopBuild Reports Third Quarter 2023 Results

1.9% increase in net sales 31.7% gross margin 17.9% operating margin, 18.5% on an adjusted basis 21.4% adjusted EBITDA marginDAYTONA BEACH, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada today reported results for the third quarter ended September 30, 2023. Robert Buck, President and Chief Executive Officer, stated, “TopBuild continues to perform well and produce solid operating results, a testament to our team’s hard work and focus on profitable growth. We are particularly pleased with the performance of our non-residential business. Both our Installation and Specialty Distribution segments reported mid-single digit volume growth related to the...

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Beam Announces Agreement for Lilly to Acquire Beam’s Opt-In Rights to Verve Therapeutics’ Base Editing Programs for Cardiovascular Disease

Beam to Receive $250 Million in Combined Upfront Payment and Equity Investment, Expected to Extend Beam’s Cash Runway to the Second Half of 2026 CAMBRIDGE, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) — Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today announced that Eli Lilly and Company (Lilly) has agreed to acquire certain rights under Beam’s amended collaboration and license agreement with Verve Therapeutics, Inc. (Verve), including Beam’s opt-in rights to co-develop and co-commercialize Verve’s base editing programs for cardiovascular disease, which includes programs targeting PCSK9, ANGPTL3 and an undisclosed liver-mediated, cardiovascular target. Under the terms of the agreement, Beam will receive a $200 million upfront payment and $50 million equity...

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LXP Industrial Trust Reports Third Quarter 2023 Results

Board Authorizes 4% Dividend Increase NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) — LXP Industrial Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced results for the quarter ended September 30, 2023. Third Quarter 2023 HighlightsRecorded Net Income attributable to common shareholders of $11.0 million, or $0.04 per diluted common share. Generated Adjusted Company Funds From Operations available to all equityholders and unitholders – diluted (“Adjusted Company FFO”) of $51.9 million, or $0.18 per diluted common share. Increased Industrial Same-Store NOI 5.0% in the third quarter compared to the same period in 2022. Completed 481,500 square feet of new and extended leases, raising Industrial Base and Cash Base Rents by 26.3% and 15.9%,...

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Teleflex to Present at the Jefferies London Healthcare Conference

WAYNE, Pa., Oct. 31, 2023 (GLOBE NEWSWIRE) — Liam Kelly, Chairman, President and CEO, Teleflex Incorporated (NYSE: TFX), is scheduled to speak at the Jefferies London Healthcare Conference, on Tuesday, November 14, 2023, at 9:00 a.m. (GMT). A live audio webcast of the conference presentation will be available on the investor section of the Teleflex website at teleflex.com. About Teleflex IncorporatedTeleflex is a global provider of medical technologies designed to improve the health and quality of people’s lives. We apply purpose driven innovation – a relentless pursuit of identifying unmet clinical needs – to benefit patients and healthcare providers. Our portfolio is diverse, with solutions in the fields of vascular access, interventional cardiology and radiology, anesthesia, emergency medicine, surgical, urology and respiratory...

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Brunswick Corporation Reports Exceptionally Strong Sales and Share Gains during the 2023 Fort Lauderdale International Boat Show

METTAWA, Ill., Oct. 31, 2023 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) today announced another record-breaking performance at the 2023 Fort Lauderdale International Boat Show (FLIBS) with exceptionally strong sales and share gains for many of Brunswick’s award-winning brands, including:Mercury Marine reported record outboard market share for the sixth consecutive year in Ft. Lauderdale, accounting for an all-time high 57% of all outboard engines at the event and close to 70% of all outboards in the on-water portion of the show. Mercury has increased its outboard share at FLIBS by more than 21 points since 2017. Boston Whaler increased unit sales by 38% and revenue by 22% vs. the 2022 show, selling a broad mix of units, including many boats 30 feet and above. Sea Ray reported a 26% increase in unit sales and a 24% increase...

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Moomoo Singapore Deploys Nasdaq Trade Surveillance Solutions to Uphold Market Integrity

NEW YORK and SINGAPORE, Oct. 31, 2023 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) and Moomoo Singapore, a fully digitalized brokerage and wealth management platform, announced today that Moomoo Singapore will leverage Nasdaq Trade Surveillance technology to advance its surveillance and market integrity efforts. Aligning with the company’s mission to provide retail investors a seamless, trustworthy trading experience, the move reinforces the digital brokerage’s commitment to safeguarding market integrity, promoting fair trading practices and maintaining a secure trading environment. With 30 years of expertise and a growing community of retail brokers, Nasdaq Trade Surveillance will enable Moomoo Singapore to adapt their surveillance programs to help better protect their investors and meet regulatory obligations. Gavin Chia, CEO, Moomoo...

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Huize Holding Limited to Hold Annual General Meeting on November 30, 2023

SHENZHEN, China, Oct. 31, 2023 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading digital insurance product and service platform for new generation consumers in China, today announced that it will hold its annual general meeting of shareholders at 76/F, The Center, 99 Queen’s Road, Central, Hong Kong Special Administrative Region of the People’s Republic of China, on November 30, 2023 at 10:00 AM (Hong Kong time). No proposal will be submitted for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders and beneficial owners of the Company’s American depositary shares (“ADSs”) to discuss Company affairs with management. The board of directors of the Company has fixed the close of business on November 1,...

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Bango adds Perlego educational subscriptions to Digital Vending Machine®

CAMBRIDGE, United Kingdom, Oct. 31, 2023 (GLOBE NEWSWIRE) — Bango (AIM: BGO), the global platform for data-driven commerce, today announces a partnership with Perlego to enhance the array of subscription services available via the Bango Digital Vending Machine®. This collaboration empowers telcos, banks, retailers and other channels to enrich their Super Bundling subscription hubs by incorporating Perlego’s innovative online book subscription service. As consumer appetite for content grows, there is increasing demand for greater control over the accessibility and management of subscription services. The Bango Digital Vending Machine® is a comprehensive solution for Super Bundling subscription services, bringing together multiple offers in a single, coherent consumer experience. Perlego’s one-of-a-kind online educational...

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Statkraft report: Growth in renewables will continue despite international turmoil

Statkraft Low Emissons Scenario 2023Cover of Statkraft’s Low Emissions Scenario report 2023“Despite increased geopolitical unrest and rivalry, renewable energy growth remains strong and won’t stop or reverse. The cost of wind and solar power, batteries and electric vehicles have dropped significantly over the last decade, resulting in them replacing fossil fuels. Energy security has also become a top priority on the international agenda, resulting in an increased policy push for renewables,” says Christian Rynning-Tønnesen, CEO of Statkraft. Statkraft, Europe’s largest producer of renewable energy and present in 21 countries globally, has published its annual Low Emissions Scenario report, which analyses the drivers and impacts of the global energy transition up to 2050. The scenario, developed by Statkraft’s more than 50...

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