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Year: 2023

Navient posts third quarter 2023 financial results

HERNDON, Va., Oct. 25, 2023 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2023 third quarter financial results. The complete financial results release is available on the company’s website at Navient.com/investors. The results will also be available on Form 8-K on the SEC’s website at www.sec.gov. Navient will hold a live audio webcast today, Oct. 25, 2023, at 8 a.m. ET, hosted by David Yowan, president and CEO, and Joe Fisher, CFO. Analysts and investors who wish to ask questions are requested to pre-register at Navient.com/investors at least 15 minutes ahead of start time to receive their personal dial-in access details. Others who wish to join in listen-only mode do not need to pre-register and may simply visit Navient.com/investors...

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Universal Stainless Reports Strong Third Quarter 2023 Results

Q3 2023 Sales reach $71.3 million, up 3% from Q2 2023, up 54% year-over-year Premium Alloy sales of $16.5 million, up 28% from Q2 2023, more than double year-over-year Gross margin improves to 15.2% of sales, highest since Q2 2018 Operating income of $4.4 million, up 43% from Q2 2023 Net income doubles from Q2 2023 to $1.9 million, or $0.20 per diluted share Q3 2023 EBITDA is $9.2 million; Adjusted EBITDA is $9.5 million, up 20% from Q2 2023 Cash flow from operations is $6.7 million for the quarter; $17.8 million year-to-dateBRIDGEVILLE, Pa., Oct. 25, 2023 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported net sales of $71.3 million for the third quarter of 2023, an increase of 3% from $69.0 million in the second quarter of 2023, and up 54% from net sales of $46.2 million in the...

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Contract Lifecycle Management Solution Market Size to Surpass USD 3.47 billion by 2030, exhibiting a CAGR of 13.0%

As per the report by Fortune Business Insights, the Contract Lifecycle Management Solution Market size is projected to reach USD 3.47 billion in 2030, at a CAGR of 13.0% during the forecast period, 2023-2030Contract Lifecycle Management Solution MarketForecast, 2023 – 2030Pune, India, Oct. 25, 2023 (GLOBE NEWSWIRE) — Global Contract Lifecycle Management Solution Market size was valued at USD 1.33 billion in 2022 and is projected to reach USD 3.47 billion by 2030, exhibiting a CAGR of 13.0% during the forecast period. Fortune Business Insights presents this information in their report titled “Global Contract Lifecycle Management Solution Market Forecast, 2023-2030.”Request a Sample PDF: https://www.fortunebusinessinsights.com/enquiry/sample/contract-lifecycle-management-clm-solution-market-106472Key Industry...

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Epinephrine Market Size to Surpass USD 3.63 Billion by 2029, exhibiting a CAGR of 11.0%

As per the report by Fortune Business Insights, The Epinephrine Market size is projected to reach USD 3.63 Billion by 2029, at a CAGR of 11.0% during the forecast period.Epinephrine MarketEpinephrine Market (2022-2029)Pune, India, Oct. 25, 2023 (GLOBE NEWSWIRE) — The global epinephrine market size was valued at USD 1.60 billion in 2021, and it is projected to grow from USD 1.75 billion in 2022 to USD 3.63 billion by 2029, exhibiting a CAGR of 11.0% during the forecast period. The rising prevalence of medical conditions, such as anaphylaxis, cardiovascular diseases, respiratory diseases (asthma), and others, along with the increasing awareness about the treatment options for the management of these diseases, is creating various growth opportunities in the market. This information is provided by Fortune Business Insights,...

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Beam Therapeutics Presents Preclinical Data Highlighting Utility and Durability of BEAM-301 to Correct a Glycogen Storage Disease Type I Deficiency Disease-Causing Mutation at ESGCT

Single Dose of BEAM-301 Restored Clinically Meaningful Endpoints in In Vivo Rodent Disease Models Out to at Least One Year Company Plans to Submit U.S. Investigational New Drug (IND) Application for BEAM-301 in the First Half of 2024 CAMBRIDGE, Mass., Oct. 25, 2023 (GLOBE NEWSWIRE) — Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through base editing, today reported new preclinical data demonstrating the ability of its in vivo drug candidate, BEAM-301, to directly correct the R83C mutation, one of the primary disease-causing mutations of glycogen storage disease type Ia (GSDIa). The data were presented today in an oral presentation titled “A Single, Systemic Administration of BEAM-301 Mitigated Fasting Hypoglycemia One Year after Dosing in a Transgenic Mouse Model of Glycogen...

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Freight Technologies Inc. Secures Major Win with Leading Global Pharmaceutical Giant

Groundbreaking RFQ win: Fr8App to move vital pharmaceuticals for leading global pharmaceutical giant HOUSTON, Oct. 25, 2023 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, proudly announces a significant achievement with the recent success of securing an RFQ (Request for Quotation) from a leading global pharmaceutical giant. The prestigious pharmaceutical conglomerate, renowned for its unwavering commitment to global health and life-changing innovations, has chosen Fr8App as its trusted partner for a crucial logistics operation. This RFQ win marks a monumental milestone...

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Eos Energy Enterprises Confirms Timing for Third Quarter 2023 Financial Results Call and Upcoming Event Participation

EDISON, N.J., Oct. 25, 2023 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), a leading provider of safe, scalable, efficient, and sustainable zinc-based long duration energy storage systems, today confirmed it will release its third quarter 2023 financial results after the U.S. market closes on November 6, 2023. A conference call to discuss its results will take place the following morning on November 7 at 8:30 a.m. Eastern Time. The Company also announced that CEO Joe Mastrangelo will be attending and speaking at the Reuters Events: Energy Transition North America in Houston on November 8. A live webcast of the earnings call will be available on the “Investor Relations” page of the Company’s website at https://investors.eose.com. To access the call by phone, please register in...

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Brunswick Corporation Re-Defines Marine Consumer Financing with the Launch of Brunswick Finance, a New Private Label, Digital Retail Financing Solution

METTAWA, Ill. , Oct. 25, 2023 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) today, announced the upcoming launch of Brunswick Finance, a state-of-the-art, industry-leading digital finance solution that simplifies the retail purchase process by leveraging a fully integrated technology platform linking consumers, dealers, and Brunswick brands with an easy to use, digital interface allowing for quicker qualifications and faster processing.   The new solution that will be launched prior to the end of the year, will be accessible through the Brunswick Finance portal and offers end-to-end integration across the boat buying ecosystem, from applying for pre-qualification to underwriting, finalizing agreements and e-signing for loans. “Brunswick Finance immediately improves the consumer finance experience for our channel partners...

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Imperial Mining Provides Crater Lake Project Update

Figure 1Crater Lake: “The most exciting hard-rock scandium project in the world”MONTREAL, Oct. 25, 2023 (GLOBE NEWSWIRE) — Imperial Mining Group Ltd. (“Imperial”) (TSX VENTURE: IPG; OTCQB: IMPNF) is pleased to share its work plan to mark the eighth week of office of President and CEO Pierre Neatby as the first of regular updates. “I am excited about the company’s prospects and the state of advancement of the Crater Lake Project,” said Pierre Neatby. “My first eight weeks at Imperial have gone by very quickly, and I am more impressed with the company and the Crater Lake project every day. We have a great resource, a compelling PEA, and a strong team, and our host province, Quebec, is mining-friendly, hosts eight major aluminum smelters, and has recently attracted and supported major projects linked...

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Victoria Gold: 5.83 g/t Au over 31.4 Meters at Raven Deposit, Dublin Gulch Camp, Yukon

WHITEHORSE, Yukon, Oct. 25, 2023 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) is pleased to announce the final set of analytical results from the 2023 exploration campaign at the Raven deposit. Raven was the primary focus of this season’s exploration efforts at the Dublin Gulch camp, with over 13,200 meters (“m”) of diamond drilling consisting of systematic fence drilling to the east of the current deposit bounds coupled with exploratory drillholes around the promising high-grade mineralization identified last season in drillhole NG22-155C (20.24 g/t Au over 14.5m; see Company News Release dated January 19, 2023). Victoria anticipates releasing an updated Raven Mineral Resource Estimate following the compilation and analysis of the 2023 drill results. Assays for the final 23 of the 39 drillholes...

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