Month: February 2024

Portillo’s Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Written by Customer Service on February 27, 2024. Posted in Earnings Releases And Operating Results.

CHICAGO, Feb. 27, 2024 (GLOBE NEWSWIRE) — Portillo’s Inc. (“Portillo’s” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. Michael Osanloo, President and Chief Executive Officer of Portillo’s, said “Portillo’s has been a beloved brand for 60 years, and we only continue to get better. In 2023, we grew revenue and adjusted EBITDA by double-digits. We generated record operating cash flow. We opened 12 new restaurants. We ended the year with positive traffic and multi-year highs in guest satisfaction. We do this by building on what makes us great — impeccable operations and an excellent value proposition. This is our playbook. It’s how we drive the kind of results you saw...

RB Capital Partners, Inc. Officially Moves Forward with Appointment of a Receiver for Optec International, Inc.

Written by Customer Service on February 27, 2024. Posted in Mergers And Acquisitions.

SAN DIEGO, Feb. 27, 2024 (GLOBE NEWSWIRE) — via IBN – RB Capital Partners, Inc., a judgment creditor against Optec International Inc. (OTCPink: OPTI) (“Optec”), announces it has engaged Mark Basile and The Basile Law Firm P.C. to work with the courts to officially appoint a receiver to run Optec in the interim while a new company is merged into the public vehicle. As the largest investor and legitimate shareholder of Optec International, Inc., RB Capital was forced to bring a shareholder derivative action against Optec to secure the company’s judgment, oust the failing Roger Pawson, and to try to preserve Optec’s assets. A copy of the judgment can be found on our lawyer’s website at www.thebasilelawfirm.com. The next step of this process is to officially appoint a receiver so the new management can obtain control of Optec/OPTI,...

Global Greek yogurt Market to Reach Value of USD 55.43 Billion by 2030 | Skyquest Technology

Written by Customer Service on February 27, 2024. Posted in Mergers And Acquisitions.

Global Greek yogurt market is segmented based on product type, distribution channel, and end user. The market is segmented by product type into regular Greek yogurt and flavored Greek yogurt. The market is segmented by distribution channel into retail stores, online retail platforms, and e-commerce channels. By end user, the market is segmented into food and beverage, healthcare and dietary supplement, and food service- Industry forecast 2023-2030. Westford USA, Feb. 27, 2024 (GLOBE NEWSWIRE) —According to SkyQuest report, the global Greek yogurt market is a dynamic and thriving industry that has truly captivated consumers’ taste buds worldwide. Greek yogurt, renowned for its luxurious, creamy texture and delightful tangy flavor, has achieved immense popularity and now holds a cherished spot in the diets of health-conscious...

Denali Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Business Highlights

Written by Customer Service on February 27, 2024. Posted in Earnings Releases And Operating Results.

SOUTH SAN FRANCISCO, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) — Denali Therapeutics Inc. (Nasdaq: DNLI), a biopharmaceutical company developing a broad portfolio of product candidates engineered to cross the blood-brain barrier (BBB) for the treatment of neurodegenerative diseases and lysosomal storage diseases, today reported financial results for the fourth quarter and year ended December 31, 2023, and provided business highlights. “2023 was a year of significant progress across our broad therapeutic portfolio and further clinical validation of our BBB-crossing Transport Vehicle (TV) platform,” said Ryan Watts, Ph.D., Chief Executive Officer of Denali. “In 2024, we expect to complete enrollment of our late-stage trials in MPS II and ALS as we establish commercial readiness for our product candidates in our first...

FirstService Residential Further Enhances Market Leadership Position in Florida

Written by Customer Service on February 27, 2024. Posted in Mergers And Acquisitions.

Acquires Rizzetta & Company TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”). William “Bill” Rizzetta, Founder and President, will retain a significant equity stake in the Company and will continue to lead its operations. Terms of the transaction were not disclosed. Based in Tampa, Florida and founded in 1986, Rizzetta is a leading full-service provider of consulting and property management services to homeowner associations and community development districts (“CDDs”) through eight offices across Florida. A CDD is a special-purpose local government district created under Florida...

Cumulus Media Reports Operating Results for 2023

Written by Customer Service on February 27, 2024. Posted in Earnings Releases And Operating Results.

Launches Debt Exchange for Senior Notes and Term Loan ATLANTA, Feb. 27, 2024 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced operating results for the three months and year ended December 31, 2023. Mary G. Berner, President and Chief Executive Officer of Cumulus Media, said, “While 2023 was a tough year across the media landscape, we were able to offset some of the effects of the weak national advertising climate through strong execution in our key focus areas. Specifically, we grew our digital businesses, meaningfully reduced fixed costs, and improved our balance sheet. Looking ahead, though national advertisers are expressing interest in increasing their radio buys, as of yet, ad demand remains choppy, reducing our visibility into the...

Global Digital PCR Market to Surpass 11.97 Billion by 2030 Driven by Rising Need for Sensitive Quantification of Nucleic Acids

Written by Customer Service on February 27, 2024. Posted in Mergers And Acquisitions.

SkyQuest projects that the global digital PCR market will attain a value of USD11.97 billion by 2030, with a CAGR of 9.14% during the forecast period (2023-2030). The global digital PCR market is experiencing rapid growth, primarily propelled by the rising need for precise and sensitive quantification and analysis of nucleic acids. Digital PCR has gained prominence due to its ability to provide unmatched accuracy and sensitivity, establishing itself as an indispensable tool in various critical domains. Westford,USA, Feb. 27, 2024 (GLOBE NEWSWIRE) — According to SkyQuest, the primary objective of the global digital PCR market is to offer advanced molecular diagnostic solutions that empower healthcare providers, clinical laboratories, and researchers to access precise and dependable results. These results enhance patient care by...

Intra-Cellular Therapies to Present at the 44th Annual TD Cowen Health Care Conference

Written by Customer Service on February 27, 2024. Posted in Public Companies.

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) — Intra-Cellular Therapies, Inc. (Nasdaq: ITCI), a biopharmaceutical company focused on the development and commercialization of therapeutics for central nervous system (CNS) disorders, today announced that Sharon Mates, Ph.D., Chief Executive Officer and Chairman, is scheduled to present at the 44th Annual TD Cowen Health Care Conference on Tuesday, March 5, 2024 at 11:10 a.m. ET in Boston, MA. The live and archived webcast can be accessed under “Events & Presentations” in the Investor Relations section of the Company’s website at www.intracellulartherapies.com. Please log in approximately 5-10 minutes prior to the event to register and to download and install any necessary software. About Intra-Cellular Therapies Intra-Cellular Therapies is a biopharmaceutical company...

Ardelyx to Participate at the Cowen 44th Annual Health Care Conference

Written by Customer Service on February 27, 2024. Posted in Public Companies.

WALTHAM, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) — Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs, today announced that Susan Rodriguez, chief commercial officer of Ardelyx, will participate in a Cardiorenal panel discussion at the Cowen 44th Annual Health Care Conference on Tuesday, March 5, 2024 at 10:30 A.M. Eastern Time in Boston, MA. To access the live webcast of the panel presentation please visit the Events and Presentations page within the Ardelyx website at https://ir.ardelyx.com/events-and-presentations. A replay of the panel presentation will be available on the Ardelyx website for 30 days following the event. About Ardelyx, Inc.Ardelyx was founded with a mission to discover,...

Synchronoss Technologies to Report Fourth Quarter and Full Year 2023 Financial Results on Tuesday, March 12, 2024 at 4:30 p.m. ET

Written by Customer Service on February 27, 2024. Posted in Public Companies.

BRIDGEWATER, N.J., Feb. 27, 2024 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq: SNCR), a leading global provider of personal cloud software and services, will hold a conference call on Tuesday, March 12, 2024 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2023. Financial results will be issued in a press release prior to the call. Synchronoss management will host the presentation, followed by a question-and-answer period. Date: Tuesday, March 12, 2024Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)Registration Link: Click here to register Please register online at least 10 minutes prior to the start time. Upon registration, the webcast platform will provide dial-in numbers and a unique access...

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Month: February 2024

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