Day: February 13, 2024

GlobalFoundries Reports Fourth Quarter 2023 and Fiscal Year 2023 Financial Results

Written by Customer Service on February 13, 2024. Posted in Earnings Releases And Operating Results.

MALTA, N.Y., Feb. 13, 2024 (GLOBE NEWSWIRE) — GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2023. Key Fourth Quarter Financial HighlightsRevenue of $1.854 billion. Gross margin of 28.3% and adjusted gross margin(1) of 29.0%. Operating margin of 16.3% and adjusted operating margin(1) of 20.7%. Net income of $278 million and adjusted net income(1) of $356 million. Adjusted EBITDA(1) of $773 million. Cash, cash equivalents and marketable securities of $3.9 billion.Key Full Year 2023 Financial HighlightsRevenue of $7.4 billion. Gross margin of 28.4% and adjusted gross margin(1) of 29.1%. Net income of $1.0 billion and adjusted EBITDA(1) of $2.8 billion“In the fourth quarter, GF’s dedicated teams across the world delivered...

Roivant Reports Financial Results for the Third Quarter Ended December 31, 2023, and Provides Business Update

Written by Customer Service on February 13, 2024. Posted in Earnings Releases And Operating Results.

BASEL, Switzerland and LONDON and NEW YORK, Feb. 13, 2024 (GLOBE NEWSWIRE) — Roivant (Nasdaq: ROIV) today reported its financial results for the third quarter ended December 31, 2023, and provided a business update.Roivant completed the sale of Telavant to Roche for $7.1B with an additional $150M in cash payable upon the completion of a near-term milestone Batoclimab produced positive results in Graves’ disease with response rates meaningfully exceeding 50% in the initial cohort of an ongoing 24-week Phase 2 trial VTAMA® (tapinarof) cream, 1% net product revenue was $20.7M for the quarter ended December 31, 2023, with over 300,000 prescriptions written by approximately 14,000 unique prescribers since launch New VTAMA positive long-term efficacy and safety data announced from analyses of the ADORING Phase 3 program in atopic dermatitis....

Abacus Life Repurchases Total of $6 Million of Stock in First 60 Days of Program

Written by Customer Service on February 13, 2024. Posted in Public Companies.

ORLANDO, Fla., Feb. 13, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (NASDAQ: ABL) (“Abacus” or the “Company”), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, provided an update to its $15 million stock repurchase program previously announced on December 12, 2023 (the “Repurchase Program”). From the commencement of the Repurchase Program through February 12, 2024, Abacus has repurchased 553,150] shares of its common stock at an average price of $10.92 on the open market at a total cost of approximately $6.0 million. As of February 12, 2024, Abacus has $9.0 million of availability under the Repurchase Program, which expires on June 10, 2025, unless sooner suspended or discontinued. “We continue to be pleased with our Repurchase Program’s progress,”...

Global Aircraft Lightning Protection Market to Reach Value of USD 10.37 Billion by 2030 | Skyquest Technology

Written by Customer Service on February 13, 2024. Posted in Mergers And Acquisitions.

The global aircraft lightning protection market is segmented based on aircraft type, product, and fit type. The market is segmented by aircraft type into commercial aircraft, military aircraft, business jets, general aviation, and others. The market is segmented by product into lightning protection systems, transient voltage suppressors, and surge protection devices. By fit type, the market is segmented into line fit, retrofit- Industry forecast 2023-2030. Westford,USA, Feb. 13, 2024 (GLOBE NEWSWIRE) — According to SkyQuest report, the global aircraft lightning protection market’s growing safety concerns are compelling aircraft manufacturers and operators to invest in cutting-edge lightning protection systems to mitigate potential risks. Furthermore, increased investments in aviation infrastructure worldwide augment the adoption...

WTAI is about to launch markets in multiple countries and regions simultaneously

Written by Customer Service on February 13, 2024. Posted in Public Companies.

Dubai, United Arab Emirates, Feb. 13, 2024 (GLOBE NEWSWIRE) — WT Blockchain Technology Company, a subsidiary of Trans Global Group Inc. (stock code: TGGI) signed a memorandum of authorization for operations in Myanmar and Taiwan. This also indicates that more and more countries and regions will start the operation of the WTAI system in the future, and work together for the new ecology of WTB. WTAI is a DAPP system independently developed by WT Blockchain Technology Company. The main function of the system is to provide stable investment and financial services for global cryptocurrency users. At the same time, users generate computing power by checking in daily and participating in financial management, and obtain varying amounts of WTB, ultimately establishing a community ecology on the WTB chain. For more information, please contact:Investor...

Eyenovia Announces FDA Approval of Redwood City as Commercial Manufacturing Facility

Written by Customer Service on February 13, 2024. Posted in Public Companies.

Redwood City, California to complement Eyenovia’s facility in Reno, Nevada as well as its contract manufacturer, Coastline International, to produce commercial supply of Mydcombi NEW YORK, Feb. 13, 2024 (GLOBE NEWSWIRE) — Eyenovia, Inc. (NASDAQ: EYEN), a commercial-stage ophthalmic company, today announced that the company’s facility in Redwood City, California successfully completed FDA inspection for approval as a commercial manufacturing facility. The Redwood City facility will primarily be used for final assembly, packaging and labeling activities in support of Mydcombi, the first and only fixed combination of tropicamide and phenylephrine for in-office and pre-surgical pupil dilation utilizing Optejet™ technology. Redwood City complements Eyenovia’s manufacturing capabilities in Reno, as well as its contract manufacturer,...

Woodbridge International Announces Sale of Black Eagle Consulting, Inc. to RMA Companies

Written by Customer Service on February 13, 2024. Posted in Mergers And Acquisitions.

NEW HAVEN, Conn., Feb. 13, 2024 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Black Eagle Consulting, Inc. by RMA Companies. Black Eagle Consulting, Inc. established more than two decades ago in Nevada, is a leading provider of geotechnical engineering, construction inspection and testing, materials testing, and advanced non-destructive examination services. Black Eagle supports a wide variety of transportation, power plants, utilities, municipal, federal, industrial, commercial, and residential projects. RMA is a leading provider of professional services in materials testing, inspection, certification, environmental and geotechnical consulting, and related services for critical public and private infrastructure assets across diverse government...

TransUnion Announces Fourth Quarter and Full-Year 2023 Results

Written by Customer Service on February 13, 2024. Posted in Earnings Releases And Operating Results.

Grew revenue by 6 percent (5 percent organic constant currency) in the fourth quarter with growth across all segments led by International; grew 2023 full-year revenue by 3 percent Announced next step in transformation program, which is expected to deliver $120 to $140 million of annualized operating expense savings and $70 to $80 million capital expenditure reduction in 2026 relative to 2023 levels Prepaid $25 million in debt in the fourth quarter and $250 million in full year 2023 Providing 2024 financial guidance, we expect to deliver 3 percent to 5 percent revenue growthCHICAGO, Feb. 13, 2024 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) (the “Company”) today announced financial results for the quarter and full-year ended December 31, 2023. Fourth Quarter 2023 Results Revenue:Total revenue for the quarter was $954 million,...

Man Group PLC : Form 8.3 – UK Commercial Property Reit plc

Written by Customer Service on February 13, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree UK Commercial Property REIT Limited(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For...

Man Group PLC : Form 8.3 – Tritax Big Box Reit plc

Written by Customer Service on February 13, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Tritax Big Box REIT plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position...

Day: February 13, 2024

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