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Year: 2023

Distribution Transformer Market Size [2023-2030] | Industry Share, Growth, Price and Trends Forecast Report

Global Distribution Transformer Market to Be Positively Affected by Rising Upgradation of Ageing Power Infrastructure; Industry to Exhibit Astonishing Growth Stoked by Rising Number of Unique Product Launches, says Fortune Business Insights™ Pune, India, Oct. 26, 2023 (GLOBE NEWSWIRE) — The global distribution transformer market is set to gain momentum from the rising demand for persistent and stable supply of electricity across the world. Several emerging economies are nowadays aiming to focus on upgrading the old power infrastructure. Therefore, the demand for IoT compatible distribution transformer would upsurge owing to the development of smart grids. Fortune Business Insights™, in an upcoming report, titled, “Distribution Transformer Market Size, Share & Industry Analysis, By Mounting Location (Pole, Pad,...

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Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2023

Third quarter net income of $18.4 million; Linked quarter loan growth of 2.1%; Third quarter earnings per diluted common share of $0.60; Annualized return on third quarter average assets of 0.93%; Annualized return on third quarter average tangible common equity of 13.17%(1); and Nonperforming assets remain low at 0.05% of total assets.TYLER, Texas, Oct. 26, 2023 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2023. Southside reported net income of $18.4 million for the three months ended September 30, 2023, a decrease of $8.5 million, or 31.5%, compared to $27.0 million for the same period in 2022. Earnings per diluted common share decreased $0.24, or 28.6%, to $0.60 for the three months ended September 30, 2023,...

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Orion Group Interim Report January–September 2023

ORION CORPORATION INTERIM REPORT 1-9/2023            26 OCTOBER 2023 at 12:00 EEST Orion Group Interim Report January–September 2023Net sales totalled EUR 868.5 (January–September 2022: 1,046.1) million Operating profit was EUR 182.0 (398.9) million Basic earnings per share were EUR 1.01 (2.26) Cash flow from operating activities per share was EUR 0.50 (3.05) EUR 30 million sales milestone from Nubeqa® recorded in Q3 The outlook for 2023 is unchanged. Orion estimates that net sales in 2023 will be slightly higher than in 2022 without the EUR 228 million impact from the ODM-208 upfront payment (net sales in 2022 without the impact of the ODM-208 upfront payment were EUR 1,113 million). Operating profit is estimated to be slightly higher than in 2022 without the EUR 208 million net impact from the ODM-208 upfront payment and without...

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Ocean Biomedical (NASDAQ: OCEA) Announces First Patients Dosed by Joint Venture Partner Virion Therapeutics in Phase 1b Study of Novel Immunotherapy for Chronic Hepatitis B Virus Infection

Providence, RI, Oct. 26, 2023 (GLOBE NEWSWIRE) — Ocean Biomedical, Inc. (NASDAQ: OCEA), a biopharma company working to accelerate the development of compelling discoveries from top research scientists, today announced that its joint venture partner Virion Therapeutics, LLC, a clinical-stage biotechnology company developing novel T cell-based immunotherapies, dosed its first patients in a Phase 1b clinical trial of its investigational VRON-0200 immunotherapy, which is being evaluated as a functional cure for patients with chronic Hepatitis B virus (HBV) infection. VRON-0200, a first-in-class treatment, using one of Virion’s proprietary checkpoint modifiers, was specifically designed to enhance and broaden a patient’s own immune response. This novel mechanism of action may help overcome one of the key problems faced in treating chronic...

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Fingerprint Cards AB (Fingerprints™) launches complete PC biometric system

Fingerprints today announced that its newly developed, complete biometric system for PC makers has been launched, and is currently being evaluated by several PC OEMs. The system consists of Fingerprints’ in-house microcontroller unit (MCU) combined with a fingerprint sensor optimized for PC requirements. Using a customized MCU further refines Fingerprints’ biometric Match-on-Chip PC solution, which was added to Microsoft’s approved vendor list (AVL) for Windows Hello Enhanced Sign-in Security last year. In Match-on-Chip solutions, the users’ biometric data is stored on a separate MCU. This offers higher security than the so-called Match-on-Host systems, where biometric authentication usually occurs in the computer’s CPU. While Fingerprints offers both varieties, we expect Match-on-Chip to continue growing at the expense of Match-on-Host....

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Sword Group: Results for the Third Quarter of 2023

Sword Group | Results for the Third Quarter of 2023 Consolidated Revenue: €70.6m Organic Growth: +16.0 % (i) EBITDA Margin: 12.1 % (i) on a like-for-like basis and at constant exchange ratesKEY FIGURESFor the third quarter of 2023, consolidated revenue is €70.6m and EBITDA margin is 12.1%, or €8.5m.At 30 September, consolidated revenue is €216.7m, with an EBITDA margin of 12.1%, or €26.3m. Revenue excluding AAA is €210.2m, and profitability is 12.4%. Q3 2023 ACCOUNTS Q3 | non audited Figures€m 2023 2022 Organic Growth(i)Revenue 70.6 67.9 +16.0%EBITDA 8.5 8.3 –EBITDA Margin 12.1% 12.2% – ACCOUNTS AS AT 30 SEPTEMBER 2023  YTD | Non audited Figures€m 2023 2023 AAAexcluded 2022 Organic Growth (i)Revenue 216.7 210.2 193.4 +21.4%EBITDA 26.3 26.0 23.6 –EBITDA Margin 12.1% 12.4% 12.2% –(i)...

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International Petroleum Corporation to release Third Quarter 2023 Financial and Operating Results on October 31, 2023

TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three and nine months ended September 30, 2023 on Tuesday, October 31, 2023 at 07:30 CET, followed by a live webcast at 09:00 CET. Listen to Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the third quarter 2023 financial and operating results and the latest developments from IPC. Follow the presentation live on www.international-petroleum.com or using the link/dial-in details below:         Webcast Link: https://ipc.videosync.fi/2023-10-31-q3 Or dial-in as follows:Dial in numbers Canada/USA: +1 786 697 3501  UK: +44 33 0551 0200  Sweden:  +46 8 50520424     Password Quote “International...

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Grand opening of Bilia XPENG in Gothenburg

On October 27, we have our Grand opening of Bilia’s new XPENG facility in Gothenburg, Sisjön. XPENG’s first two models in Sweden – the sports sedan P7 and the SUV G9 will be on site, and we will also show the unique prototype X2, XPENG’s flying car. Our product specialists look forward to delivering a modern, digitalized, and personalized customer experience. This means everything related to the car ownership from advice, test drives, orders, deliveries to changing tires and performing service, etc. “Now we are finally opening the doors to our own showroom after a summer and autumn with temporary showings at various locations in Gothenburg. The interest has been significant, and it feels good that our customers now can come directly to us for advice, test drive the cars, place orders and book service. This is what...

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International Petroleum Corporation to release Third Quarter 2023 Financial and Operating Results on October 31, 2023

  International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related management’s discussion and analysis for the three and nine months ended September 30, 2023 on Tuesday, October 31, 2023 at 07:30 CET, followed by a live webcast at 09:00 CET. Listen to Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the third quarter 2023 financial and operating results and the latest developments from IPC. Follow the presentation live on www.international-petroleum.com or using the link/dial-in details below:        Webcast Link: https://ipc.videosync.fi/2023-10-31-q3 Or dial-in as follows:Dial in numbersCanada/USA:  +1 786 697 3501UK: +44 33 0551 0200Sweden: +46 8 50520424PasswordQuote “International Petroleum Corp Q3” when prompted by the...

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