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Year: 2023

FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2023 Results

Fourth Quarter Fiscal 2023 Financial Highlights(All comparisons are year-over-year unless otherwise noted)Revenues of $22.5 million compared to $39.2 million Gross loss of $(1.5) million compared to $(15.2) million Loss from operations of $(36.4) million compared to $(42.7) million Net loss per share was $(0.07) compared to $(0.11)Fiscal Year 2023 Financial Highlights(All comparisons are year-over-year unless otherwise noted)5% decrease in total revenues to $123.4 million compared to $130.5 million Loss from operations of $(136.1) million compared to $(143.7) million Net loss of $(108.1) million compared to $(147.2) million Adjusted EBITDA of $(102.9) million compared to $(91.7) million Backlog of $1.028 billion compared to $1.090 billion Total unrestricted cash, restricted cash, and short-term investments of $403.3 million compared...

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Prime Dividend Corp. Class A Share Consolidation and Monthly Dividend Declaration for Class A & Preferred Shares

TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) — Prime Dividend Corp. (the “Company”) announces a Class A share consolidation and monthly distributions on Class A shares (TSX: PDV) and Preferred shares (TSX: PDV.PR.A). In connection with the extension of the termination date of the Company, a special retraction right was offered allowing existing shareholders to tender one or both classes of shares and receive a retraction price based on the November 30, 2023 net asset value per unit. In aggregate, more Preferred shares were tendered for retraction than Class A shares. The purpose of the share consolidation is to maintain the requirement that an equal number of Class A shares and Preferred shares remain outstanding at all material times.   Immediately after the special retraction payment on December 15, 2023, there were 605,019 Preferred...

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DSV, 1078 – SHARE BUYBACK IN DSV A/S

Company Announcement No. 1078 On 24 October 2023, we initiated a share buyback programme, as described in Company Announcement No. 1066. According to the programme, the company will in the period from 24 October 2023 until 31 January 2024 purchase own shares up to a maximum value of DKK 2,500 million, and no more than 4,000,000 shares, corresponding to 1.83% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. The following transactions have been recorded under the programme:Trading day Trading platform   Number of shares...

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ENGIE Announces Commissioning of its 100MW+ Sun Valley Utility Scale Battery Storage Project in U.S.

100MWh Project will Provide Services to Support Growing ERCOT GridENGIE’s recently commission 100MWh Sun Valley Storage Project in Hill County, Texas.The 100MW / 100MWh project is one of ENGIE’s largest utility scale storage facilities in the U.S. and is co-located with the company’s existing 250MW Sun Valley Solar project.HOUSTON, Dec. 19, 2023 (GLOBE NEWSWIRE) — ENGIE North America (ENGIE) announced today that its Sun Valley Battery Storage project in Hill County Texas has been commissioned.  The 100MW / 100MWh project is one of ENGIE’s largest utility scale storage facilities in the U.S. so far and is co-located with the company’s existing 250MW Sun Valley Solar project which commenced operation last year. “Sun Valley is our first 100MW+ co located energy storage project in the U.S. We have more than 2.0 GW...

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Following Stockholder Approval, BIO-key Announces 1-for-18 Reverse Stock Split to Regain Compliance with Nasdaq Minimum Bid Price Requirement

WALL, N.J., Dec. 19, 2023 (GLOBE NEWSWIRE) — BIO-key International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer identity and access management (IAM) solutions featuring Identity-Bound Biometrics (IBB), today announced that it has approved a 1-for-18 reverse stock split that will become effective with the commencement of trading on December 21, 2023. BIO-key stockholders approved a proposal last week to allow the Board to proceed with a reverse split to assist the Company in its effort to regain compliance with the minimum bid price requirement. BIO-key had approximately 16.9 million shares of common stock issued and outstanding as of December 19, 2023. After giving effect to the 1-for-18 reverse stock split, BIO-key will have approximately 941,000 shares of common stock issued and outstanding. BIO-key...

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GDEV announces commencement of self tender offer to purchase for cash a minimum of 15,000,000, up to 20,000,000 of its ordinary shares at a purchase price of $2.00 per ordinary share

Limassol, Cyprus, Dec. 19, 2023 (GLOBE NEWSWIRE) — GDEV Inc. (NASDAQ: GDEV), an international gaming and entertainment company (“GDEV” or the “Company”), today announced the commencement of a tender offer by the Company to purchase for cash a minimum of 15,000,000 of its ordinary shares, no par value per ordinary share (each, a “share”) (the “Minimum Tender Condition”), up to a maximum of 20,000,000 shares, at a purchase price of $2.00 per share, net to the seller in cash, without interest, less any applicable withholding taxes, using funds available from cash and cash equivalents. The tender offer, proration period and withdrawal rights will expire at 5:00 p.m., Eastern Time, on January 18, 2024, unless the tender offer is extended (such date and time, as it may be extended, the “Expiration Time”). The board of directors of the...

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Savaria Appoints Chief Transformation Officer

LAVAL, Quebec, Dec. 19, 2023 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS) a global leader in the accessibility industry, announces the appointment of Jean-Philippe De Montigny to the position of Chief Transformation Officer, effective January 15, 2024. Jean-Philippe will be responsible for Savaria One, a company-wide effort to maximize the integration and synergies of the Accessibility and Patient Care business segments across all global markets. Working closely with the business unit leaders, his role includes coaching, advising and steering the staff leading the strategic growth initiatives identified earlier this year. Prior to joining Savaria, Jean-Philippe was a partner at McKinsey & Company starting his career with them in 2004. He has extensive experience in creating successful growth acceleration strategies...

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Alarum: NetNut’s SERP Scraper API Gains Momentum with the Onboarding of Several New Customers

The SERP Scraper API, developed in collaboration with a team of elite intelligence researchers, targets the $2.22 billion market of data collection TEL AVIV, Israel, Dec. 19, 2023 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum”), a global provider of internet-access and web-data collection solutions, announced today that NetNut Ltd., its wholly owned subsidiary (“NetNut”), has won several new customers to use its advance Search Engine Results Page (“SERP”) Scraper Application Programming Interface (“API”). “We are pleased with the onboarding of new customers to our most advanced product. Since its launch just two months ago, our SERP Scraper has gained traction in the market, attracting a diverse range of customers,” said Shachar Daniel, Alarum’s Chief Executive Officer. “The...

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Verisk Ranks No. 4 on Investor’s Business Daily’s 100 Best ESG Companies List

IBD list recognizes companies with superior environmental, social and governance ratings and strong stock performance JERSEY CITY, N.J., Dec. 19, 2023 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has ranked fourth out of the 100 Best ESG Companies in 2023 by Investor’s Business Daily. The fifth annual list recognizes companies with superior environmental, social and governance (ESG) ratings as well as fundamental and technical stock performance. “This honor further fuels the work of Verisk colleagues globally to advance ESG efforts, from helping clients address climate-related challenges, to developing unique ESG solutions and furthering the impact of charitable organizations through our data analytics, technologies, expertise and financial assistance,” said Elizabeth Mann,...

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FactSet Reports Results for First Quarter 2024

Q1 GAAP revenue of $542.2 million, up 7.4% from Q1 2023. Organic Q1 ASV plus professional services of $2,185.0 million, up 7.1% year over year. Q1 GAAP operating margin of 34.9%, up approximately 80 bps year over year, and adjusted operating margin of 37.6%, down approximately 70 bps from the prior year. Q1 GAAP diluted EPS of $3.84, up 9.1% from the prior year, and adjusted diluted EPS of $4.12, up 3.3% year over year. Fiscal 2024 guidance update: expected ASV plus professional services growth of 5-7%, GAAP revenue growth of 5.5-6%, adjusted operating margin increase of 10-50 bps, and adjusted diluted EPS growth of 6-9%. FactSet has published an AI Blueprint describing plans to responsibly deploy AI solutions to its clients. FactSet Mercury, launched last week, features a new large language model-based workflow tool for junior bankers.NORWALK,...

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