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Year: 2023

Pharming Group reports third quarter 2023 financial results

Pharming Group reports third quarter 2023 financial resultsThird quarter 2023 revenues increased 23% to US$66.7 million, compared to the third quarter 2022, driven by RUCONEST® revenue and the U.S. commercial launch of Joenja® Nine month year to date 2023 revenues increased 9% to US$164.1 million, compared to nine month year to date 2022 RUCONEST® revenues increased 11% in the third quarter 2023 to US$60.2 million, compared to the third quarter 2022, and increased 18% compared to the second quarter 2023 RUCONEST® nine month year to date 2023 revenues increased by 2% YoY; on track for low single digit annual revenue growth Continued strength in U.S. Joenja® (leniolisib) launch during the third quarter 2023; 63 patients on paid therapy and US$6.5 million revenue Overall cash and marketable securities of US$199.2 million at the end of the...

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STMicroelectronics Reports 2023 Third Quarter Financial Results

PR No: C3210C STMicroelectronics Reports 2023 Third Quarter Financial ResultsQ3 net revenues $4.43 billion; gross margin 47.6%; operating margin 28.0%; net income $1.09 billion YTD net revenues $13.00 billion; gross margin 48.7%; operating margin 27.6%; net income $3.14 billion Business outlook at mid-point: Q4 net revenues of $4.30 billion and gross margin of 46%Geneva, October 26, 2023 – STMicroelectronics N.V. (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the third quarter ended September 30, 2023. This press release also contains non-U.S. GAAP measures (see Appendix for additional information). ST reported third quarter net revenues of $4.43 billion, gross margin of 47.6%, operating margin of 28.0%, and net income of...

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Sodexo: Fiscal 2023 Results above guidance, Pluxee full spin-off expected early 2024

Issy-les-Moulineaux, October 26, 2023Sodexo (NYSE Euronext Paris FR 0000121220-OTC: SDXAY) Strong Group(1) performanceGroup1 organic revenue growth +11.6%, Group1 Underlying operating profit margin 5.6%, +60bpsPluxee organic revenue growth +26.9%, Pluxee Underlying operating profit margin 33.1%, +450bpsPluxee full spin-off and listing expected early 2024, subject to customary steps and market conditions At the Board of Directors meeting held on October 25, 2023, chaired by Sophie Bellon, the Board closed the Sodexo Consolidated accounts for Fiscal 2023 ended August 31, 2023. In the context of the spin-off, Pluxee has been classified as a discontinued operation in the Fiscal 2023 Sodexo consolidated financial statements. Fiscal 2023 key figures and highlights(in million euros) FISCAL 2023 FISCAL 2022 DIFFERENCESODEXO (CONTINUING...

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Cielo Provides Update on the Closing of the Asset Purchase Transaction with Expander Energy Inc.

CALGARY, Alberta, Oct. 26, 2023 (GLOBE NEWSWIRE) — Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, is pleased to provide an update regarding the closing of its asset purchase transaction (the “Transaction”) with Expander Energy Inc. (“Expander”), which was announced on September 20, 2023. Management has been working with Expander and the TSX Venture Exchange (the “Exchange”) to satisfy the conditions of the Transaction, including the satisfaction of the requirements of the Exchange, and anticipates that the Transaction will close in the coming days. A news release announcing the closing will follow at that time. Once the Transaction has closed, the Exchange will lift the trading halt that is currently in place as a result of the Transaction, which...

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Blockmate Ventures to Acquire Lithium Battery Distributor, BESS

TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) — Blockmate Ventures Inc (TSX.V: MATE) (FSE: 8MH1) (“Blockmate” or “the Company“), is pleased to announce that it has entered into a binding Share Purchase Agreement dated October 25, 2023, pursuant to which the Company proposes to acquire all of the issued and outstanding share capital of BESS Power Innovation Corporation (“BESS”), a company focused on the sales, distribution, and manufacturing of residential and industrial lithium iron phosphate and lithium ion sodium batteries and auxiliary products (“the Transaction”). BESS owns the exclusive distribution rights to Blivex Energy Technology Co’s (“Blivex”) lithium battery products for North and South America and intends to address demand for residential and industrial battery products where expected...

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New Research from Getty Images Shows that Visual Representation of Asian Communities in APAC Advertising Remains Stereotypical

Getty Images’ research revealed most popular visuals for Australasia, Japan, Southeast Asia, Hong Kong and Taiwan continue to rely heavily upon stereotypical, inauthentic imagery representing various communities.Despite Asia-Pacific’s extensive span of cultures and demographics, there is limited diversity in imagery. Representation gaps range from disparities in depicting cultural specificities, to limited portrayals of Asian working life, among others.Getty Images today launched the “Inclusive Visual Storytelling for Asian Communities” report to support brands and businesses in APAC as they endeavor to be more inclusive in visual choices.A Media Snippet accompanying this announcement is available by clicking on this link. SINGAPORE, Oct. 25, 2023 (GLOBE NEWSWIRE) — Getty Images, a preeminent global visual content creator...

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MercadoLibre, Inc. to Report Third Quarter 2023 Financial Results

MONTEVIDEO, Uruguay, Oct. 25, 2023 (GLOBE NEWSWIRE) — MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America’s leading e-commerce and technology company, intends to release financial results for its third fiscal quarter ended September 30th, 2023, on November 1st, 2023. The Company will host its earnings results video conference, as well as a conference call and audio webcast on November 1st, at 5:00 p.m. Eastern Time. In order to access our video webcast and the live audio, investors, analysts and the market in general may access the following link at https://edge.media-server.com/mmc/p/2t4k8a2k and register at the platform to attend the live event. Also, to participate in our conference call, investors, analysts and the market in general may access the following link at https://register.vevent.com/register/BI3667afe6bac641f8a6e060568126dd6e...

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Oak Ridge Financial Services, Inc. Announces Third Quarter 2023 Results and Quarterly Cash Dividend of $0.10 Per Share

OAK RIDGE, N.C., Oct. 25, 2023 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for the third quarter of 2023 and a quarterly cash dividend of $0.10 per common share. Third Quarter 2023 Performance and AccomplishmentsEarnings per share of $0.55, compared to $0.54 in the linked quarter and $0.59 for the third quarter of 2022. Return on equity of 10.63%, compared to 10.84% in the linked quarter and 12.35% for the third quarter of 2022. Dividends declared per common share of $0.10, unchanged from the linked quarter and up from $0.08 for the third quarter of 2022. Tangible book value per common share of $20.26 as of period end, compared to $20.14 at the end of the linked quarter and $18.67...

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Presidio Property Trust Announces Series D Preferred Stock Cash Dividend

SAN DIEGO, Oct. 25, 2023 (GLOBE NEWSWIRE) — (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of October 2023, November 2023 and December 2023. In accordance with the terms of the Series D Preferred Stock, the October 2023 Series D dividend will be payable in cash in the amount of $0.19531 per share on November 15, 2023, to shareholders of record of Series D Preferred Stock as of the dividend record date of October 31, 2023. The November 2023 Series D dividend will be payable in cash in the amount of...

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September 2023 Quarterly Activities Report

Figure 1First 2 strings of evaporation ponds complete (left), plant construction underway (right)BRISBANE, Australia, Oct. 25, 2023 (GLOBE NEWSWIRE) — Allkem Limited (ASX|TSX: “AKE”, the “Company”) provides an update on its global lithium portfolio, business activities and financial position1 as at 30 September 2023. HIGHLIGHTS OPERATIONSThe Olaroz Lithium Facility2 achieved above budget quarterly production of 4,453 tonnes of lithium carbonate, up 35 % on the previous corresponding period (“PCP”) Record lithium carbonate sales volume of 4,554 tonnes for the quarter, generating Olaroz revenue3 of ~US$118 million with average realised price of US$25,981/tonne4 FOB and a gross cash margin of 77% or US$19,893/tonne Mt Cattlin achieved record quarterly production of 72,549 tonnes of spodumene concentrate at 5.3% Li2O grade,...

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