Optiva Inc. Reports Fourth Quarter 2023 Financial Results

Written by Customer Service on March 6, 2024. Posted in Earnings Releases And Operating Results.

All amounts are stated in United States dollars unless otherwise indicated Revenue of $12.0 million Robust sales pipeline with three additional customer wins Total Contract Value (“TCV”)1 bookings of $24.3 million Gross margin of 63% Adjusted EBITDA1 loss of $1.8 million Adjusted EPS1 loss of $(0.65) $20.4 million of cash on the balance sheet TORONTO, March 06, 2024 (GLOBE NEWSWIRE) — Optiva Inc. (“Optiva” or “the Company”) (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today released its fourth quarter financial results for the three-month and full-year period ended December 31, 2023. During the quarter, Optiva secured three new customers, including a leading technology company in Nigeria specializing in cutting-edge telecom...

ArrowMark Financial Corp. Announces Q4 2023 Results and Cash Distribution of $0.45 per Share for the First Quarter 2024

Written by Customer Service on March 6, 2024. Posted in Dividend Reports And Estimates.

DENVER, March 06, 2024 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.45 per share for the first quarter 2024. The total distribution of $0.45 per share will be payable on March 28, 2024 to shareholders of record on March 21, 2024. “We are very pleased to announce the net income for Q4 2023 was $0.67 per share, well in excess of the quarterly distribution amount of $0.45 per share. Over the past four years, the Fund has consistently over-earned its quarterly distribution rate. This has allowed the Fund to deliver on its objective to provide shareholders with consistent income,” said Chairman & CEO Sanjai...

Seasoned Investment Banker Dan McClory Acquires Majority Stake in Brera Holdings

Written by Customer Service on March 6, 2024. Posted in Public Companies.

Brera’s Executive Chairman triples his investment BREA Dan McClory Dan McClory (left) with Aurelio De Laurentiis (right), owner and president of SSC Napoli, the Italian Serie A football champions, in London last week DUBLIN, Ireland and MILAN, Italy, March 06, 2024 (GLOBE NEWSWIRE) — Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA) announces today that its Executive Chairman, Daniel J. McClory, an experienced figure in the investment banking world, has acquired a majority stake in Brera Holdings, the first publicly-traded multi-club ownership (“MCO”) company in global football (American soccer). “I believe that this strategic move underscores the robust confidence Mr. McClory places in Brera’s potential and heralds in a new era of international focus and expansion beyond the Company’s...

NextNav Announces Date for Fourth Quarter and Full Year 2023 Earnings Call

Written by Customer Service on March 6, 2024. Posted in Public Companies.

MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) — NextNav (Nasdaq: NN), a leader in next generation position, navigation and timing (PNT), today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Wednesday, March 13, 2024, and will host a conference call the same day at 5:00 PM ET to discuss its results. Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://registrations.events/direct/Q4I629368796093022208. After registering, each participant will be provided with call details and a registrant ID. Reminders will also be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast. To access the live...

Cavco Industries Announces Ratification of Collective Bargaining Agreement at Emlenton, Pennsylvania Plant

Written by Customer Service on March 6, 2024. Posted in Public Companies.

PHOENIX, March 06, 2024 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) (“we,” “our,” the “Company” or “Cavco”) is pleased to announce that we have successfully reached agreement on a revised collective bargaining agreement between Pennwest TCC and The International Association of Machinists, which represents employees at the Company’s Emlenton, Pennsylvania manufacturing plant. The new collective bargaining agreement was ratified by the Union members today and employees will be back to work tomorrow. Cavco values its employees and believes in fostering and maintaining a mutually beneficial working relationship. We extend our gratitude to all parties involved for their cooperation throughout the negotiation process. About Cavco Cavco Industries, Inc., headquartered in Phoenix,...

Nayax Announces Proposed Public Offering

Written by Customer Service on March 6, 2024. Posted in Public Companies.

HERZLIYA, Israel, March 06, 2024 (GLOBE NEWSWIRE) — Nayax Ltd. (NASDAQ: NYAX, “Nayax”), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, announced today the commencement of an underwritten public offering of 3,130,435 of its ordinary shares. Nayax is offering 2,130,435 ordinary shares and Yair Nechmad, Nayax’s Chief Executive Officer and Chairman of its board of directors, David Ben-Avi, Nayax’s Chief Technology Officer and a member of its board of directors, and Amir Nechmad, a member of Nayax’s board of directors, are offering a total of 1,000,000 ordinary shares as selling shareholders. In connection with the offering, Nayax intends to grant the underwriters an option to purchase up to 469,565 additional ordinary shares at the public offering price, less underwriting...

DallasNews Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on March 6, 2024. Posted in Earnings Releases And Operating Results.

DALLAS, March 06, 2024 (GLOBE NEWSWIRE) — DallasNews Corporation (Nasdaq: DALN) today reported a fourth quarter 2023 net loss of $2.2 million, or $(0.41) per share, and an operating loss of $2.5 million, which includes expense of $2.7 million related to the Voluntary Severance Program. In the fourth quarter of 2022, the Company reported a net loss of $2.1 million, or $(0.40) per share, and an operating loss of $1.9 million. For the fourth quarter of 2023, on a non-GAAP basis, DallasNews reported operating income adjusted for certain items (“adjusted operating income (loss)”) of $0.6 million, an improvement of $1.6 million when compared to an adjusted operating loss of $1.0 million reported in the fourth quarter of 2022. The improvement is primarily due to expense savings of $3.1 million in distribution, $1.6 million in employee...

Nayax Enters Definitive Agreement to Acquire VMtecnologia

Written by Customer Service on March 6, 2024. Posted in Mergers And Acquisitions.

Nayax Announces Strategic Acquisition of VMtecnologia, Expanding Presence in the Latin American Market HERZLIYA, Israel, March 06, 2024 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a leading global commerce enablement, payments, and loyalty platform designed to help merchants scale their business, has today announced a definitive agreement to acquire VMtecnologia, a leading technology provider for the automated self-service industry in Brazil. This strategic acquisition marks a significant step in Nayax’s expansion into the Latin American market, bolstering its global footprint. The acquisition of VMtecnologia will extend Nayax’s comprehensive service offerings across Brazil as well as serves as a key milestone in fulfilling the company’s international expansion growth strategy. By entering the Latin...

Capstone Infrastructure Corporation Reports Fourth Quarter and Fiscal 2023 Results and Declares a Quarterly Dividend

Written by Customer Service on March 6, 2024. Posted in Dividend Reports And Estimates.

Toronto, Ontario, March 06, 2024 (GLOBE NEWSWIRE) — Capstone Infrastructure Corporation (TSX: CSE.PR.A) (the “Corporation” or “Capstone”) today announced and filed its financial results for the fourth quarter and fiscal year ended December 31, 2023. The Corporation’s 2023 Management’s Discussion and Analysis (“MD&A”) and audited consolidated financial statements are available at www.capstoneinfrastructure.com and on SEDAR at www.sedarplus.ca. Capstone’s MD&A details the “Results of Operations” and provides a “Financial Position Review” for the quarter ended December 31, 2023. Dividend Declarations Today, the Board of Directors declared a quarterly dividend on the Corporation’s Cumulative Five-Year Rate Reset Preferred Shares, Series A (the “Preferred Shares”)...

CPS Technologies Corporation Announces Fourth Quarter 2023 Financial Results

Written by Customer Service on March 6, 2024. Posted in Earnings Releases And Operating Results.

Finished Year with Record Top Line Results; Large Pipeline of Opportunities for 2024 & Beyond NORTON, Mass., March 06, 2024 (GLOBE NEWSWIRE) — CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal fourth quarter ended December 30, 2023. Fourth Quarter Highlights Revenue of $6.7 million for the fourth quarter of 2023 versus $6.1 million in the prior-year period, primarily due to growth in shipments Gross margin of 17.0 percent versus 26.6 percent in the fourth quarter of 2022, reflecting certain quality issues with a major customer Operating profit of $0.1 million for the quarter ended December 30, 2023 compared to $0.3 million in the prior-year period “We finished the year with the highest annual revenue in the Company’s history – $27.6 million – driven by 10...

Day: March 6, 2024

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