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Month: January 2024

Wearable Sensors Market Size Worth USD 11.05 Billion in 2032 | Emergen Research

Increasing health and fitness awareness among people, advancements in microelectronics & sensor manufacturing adopted by leading organizations in this industry, miniaturization trend in sensor manufacturing, and mounting benefits of wearable devices in the healthcare sector are some of the major factors driving the wearable sensors market revenue growth Vancouver, Jan. 30, 2024 (GLOBE NEWSWIRE) — The global wearable sensors market size was USD 3.41 Billion in 2022 and is expected to register a revenue CAGR of 12.5% during the forecast period. Increasing health and fitness awareness among people, advancements in microelectronics & sensor manufacturing adopted by leading organizations in this industry, miniaturization trend in sensor manufacturing, and mounting benefits of wearable devices in the healthcare sector are some...

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Flexible Display Market Size Worth USD 351.36 Billion in 2032 | Emergen Research

Rising demand for greater picture quality, rising innovation in consumer electronics by leading market players, growing adoption of energy-efficient and flexible gadgets across various industries, and rising demand for display-based consumer electronics by population across the globe are some of the major factors driving the flexible display market revenue growth Vancouver, Jan. 30, 2024 (GLOBE NEWSWIRE) — The global flexible display market size was USD 19.78 Billion in 2022 and is expected to register a revenue CAGR of 33.4% during the forecast period. Rising demand for greater picture quality, rising innovation in consumer electronics by leading market players, growing adoption of energy-efficient and flexible gadgets across various industries, and rising demand for display-based consumer electronics by population across the...

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Malibu Boats, Inc. Announces Second Quarter Fiscal 2024 Results

LOUDON, Tenn., Jan. 30, 2024 (GLOBE NEWSWIRE) — Malibu Boats, Inc. (Nasdaq: MBUU) today announced its financial results for the second quarter ended December 31, 2023. Second Quarter Fiscal 2024 Highlights Compared to Second Quarter Fiscal 2023:Net sales decreased 37.7% to $211.1 million Unit volume decreased 43.7% to 1,373 units Gross profit decreased 50.5% to $37.5 million Net income decreased 72.1% to $10.1 million Adjusted EBITDA decreased 60.2% to $22.9 million Net income available to Class A Common Stock per share (diluted) decreased 71.5% to $0.49 per share Adjusted fully distributed net income per share decreased 68.9% to $0.57 per share on a fully distributed weighted-average share count of 21.1 million shares of Class A Common Stock“Our second quarter results, historically our slowest time of the year, were impacted...

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Dragonfly Energy Drives the John Lennon Educational Tour Bus Toward Sustainability

The John Lennon Educational Tour Bus Powered by Battle Born Batteries at the 2024 NAMM ShowThe John Lennon Educational Tour Bus Powered by Battle Born Batteries at the 2024 NAMM ShowThe John Lennon Educational Tour Bus is now powered by Battle Born Batteries’ nontoxic lithium batteries, moving the nonprofit mobile recording studio toward improved sustainability. The move to lithium batteries and solar panels allows the nonprofit to enhance their student experiences, increase the organization’s reach, and save money on expensive generator fuel as they share music education across the country. Dragonfly Energy uses sixteen 270Ah 12V Battle Born LiFePO4 deep cycle batteries plus twelve 200W solar panels to power the mobile recording studio off the grid for up to eight hours of runtime with no loud generators. This runtime greatly...

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Sparton Announces Final approval of Private Placement Offering for its Critical Metals Exploration Programs

Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) — Sparton Resources Inc. (TSXV-SRI) (“Sparton” or the “Company”) is pleased to announce it has received final approval from the TMX Venture Exchange (the “Exchange”) of the non-brokered private placement (the “Offering”) announced on December 8th, 2023. This financing was fully closed effective December 31st, 2023, with conditional approval from the Exchange. Sparton has issued a total of 11,500,000 Flow-Through Share (“FTS”) Units of the Company (each, a FTS Unit”) at a price of C$0.05 per FTS Unit. Each FTS Unit consists of one common share of the Company and a ½ (one half) non-flow through Share Purchase Warrant (“SPW”) for a total of 5,500,000 Full SPWs. These include the Finder Warrants...

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Spectral Medical Provides January Tigris Trial Update

85 patients enrolled TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) — Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, today provided an update on the Company’s Tigris trial, a Phase 3 follow-on study evaluating the use of Polymyxin B Hemoperfusion (“PMX”) in a randomized controlled trial of adults treated for endotoxemia and septic shock. Enrollment:Robust enrollment activity continued throughout January 2024:85 patients enrolled to-date Four patients enrolled in the month of JanuaryClosing in on the interim enrollment target of 90 patients (“Interim Enrollment”); at Interim Enrollment, Baxter has the option to make the second milestone payment to Spectral to maintain its PMX exclusive distribution rights.Trial Sites:Continue...

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Hubbell Reports Fourth Quarter and Full Year 2023 Results

Shelton, CT, Jan. 30, 2024 (GLOBE NEWSWIRE) — Exhibit 99.1 HUBBELL REPORTS FOURTH QUARTER 2023 AND FULL YEAR RESULTSQ4 diluted EPS from continuing operations of $3.16; adjusted diluted EPS from continuing operations of $3.69 Q4 net sales from continuing operations +10% (organic +8%) FY 2023 diluted EPS from continuing operations of $14.05; adjusted diluted EPS from continuing operations of $15.33 FY 2024 diluted EPS from continuing operations expected range of $14.40-$14.90; adjusted diluted EPS from continuing operations expected range of $16.00-$16.50SHELTON, CT. (January 30, 2024) – Hubbell Incorporated (NYSE: HUBB) today reported operating results for the fourth quarter and full year ended December 31, 2023. “Hubbell delivered a strong finish to a strong year,” said Gerben Bakker, Chairman, President and CEO. “For the full...

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Avicanna and Ease Labs Pharma Granted Commercialization Approval for Pharmaceutical Preparation in Brazil

The first THC containing pharmaceutical preparations produced in Brazil approved by the Brazilian Health Regulatory Agency (Agencia Nacional de Vigilancia Sanitaria, “ANVISA”) TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or the “Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products is pleased to announce ANVISA has granted commercialization approval of Ease Labs Pharma (“Ease Labs”) pharmaceutical preparation produced in Brazil containing Avicanna’s Aureus branded active pharmaceutical ingredient (“API”). Ease Labs, a GMP-certified pharmaceutical company in Brazil, was granted approval from ANVISA to commercialize a pharmaceutical preparation product containing 2.5% of CBD and...

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Alaska Energy Metals Provides Corporate Update

VANCOUVER, British Columbia, Jan. 30, 2024 (GLOBE NEWSWIRE) — Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) is pleased to provide a corporate update that highlights the accomplishments made since inception in April 2023 and looks ahead to 2024 plans.             Alaska Energy Metals Corporation President & CEO Gregory Beischer commented: “I am very proud of what we have accomplished in just 10 months. We’ve successfully rebranded and recapitalized the Company; no small feat given challenging market conditions. For our Nikolai Nickel project in Alaska, we purchased a large database of historical information, calculated a significant maiden nickel resource, and identified drill targets to test for high-grade mineralization. With all our 2023 drill results now in hand, we will soon publish...

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VCI Global Bags Another IPO Contract in Partnership With Legacy Corporate Advisory

KUALA LUMPUR, Malaysia, Jan. 30, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) is awarded an initial public offering (“IPO”) contract to list one of the largest Information Technology companies in Malaysia (“IT Company”), providing cutting-edge cross-border technology solutions and services. A Memorandum of Understanding (“MOU”) was inked yesterday between VCI Global and Legacy Corporate Advisory Sdn Bhd (“Legacy Corporate Advisory”), solidifying their commitment to establishing a strategic alliance. This collaborative venture reflects a dedication to mutual cooperation, leveraging respective strengths and resources, and jointly exploring new market opportunities, particularly in relation to IPOs on stock exchanges in the United States. This partnership has resulted in their first IPO...

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