Day: March 6, 2024
ANTICIPATES STRONGER PERFORMANCE IN THE SECOND HALF OF FISCAL 2024 WHILE LOWERING FISCAL 2024 GUIDANCE TO REFLECT COMPANY’S PRUDENT FOCUS ON OPERATIONAL EXECUTION AHEAD OF MARKET RECOVERY
Fiscal Second Quarter 2024 HighlightsConsolidated net sales for the second quarter were $2.21 billion.
Consolidated gross profit margin for the second quarter was 12.3%.
Net income attributable to THOR Industries, Inc. and diluted earnings per share for the second quarter of fiscal 2024 were $7.2 million and $0.13, respectively, inclusive of a $14.7 million charge related to the November 15, 2023 refinancing of the Company’s debt facilities.
The Company revised its full-year fiscal 2024 consolidated net sales and diluted earnings per share guidance to a consolidated net sales range of $10.0 billion to $10.5 billion and diluted earnings per share in...
Tyson Ventures Invites Startups to Apply for Tyson Demo Day 2024
Written by Customer Service on . Posted in Public Companies.
Focused on Supply Chain Technologies
SPRINGDALE, Ark., March 06, 2024 (GLOBE NEWSWIRE) — Tyson Ventures, the venture capital arm of Tyson Foods (NYSE: TSN), is proud to announce the call for applications for the third installment of Tyson Demo Day. Tyson Demo Day 2024 aims to revolutionize the future of the Tyson Foods food supply chain by collaborating with innovative startups that foster sustainable practices, enhance transparency, create new efficiencies and ensure the highest standards of quality across the company’s unique supply chain.
“Our vision for Tyson Demo Day 2024 is to become a significant catalyst of groundbreaking supply chain technology by bringing startups together to collaborate with Tyson Foods,” said John R. Tyson, Tyson Ventures president and chief financial officer. “Together, we can reimagine, innovate...
Affimed Announces 1-for-10 Reverse Stock Split
Written by Customer Service on . Posted in Public Companies.
MANNHEIM, Germany, March 06, 2024 (GLOBE NEWSWIRE) — Affimed N.V. (Nasdaq: AFMD) (“Affimed” or the “Company”), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, announced that the Company, with prior approval of the Company’s supervisory board and management board, intends to effect a 1-for-10 reverse stock split of its outstanding common shares, par value €0.01 (“Common Shares”) per share.
The reverse stock split is expected to be effected after market close on March 8, 2024, with the Common Shares expected to begin trading on the Nasdaq Capital Market (“NASDAQ”) on a post-split basis at market open on March 11, 2024 under the Company’s existing trading symbol “AFMD.”
No fractional shares will be issued in connection with the reverse stock split. Shareholders that...
Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter Ended December 31, 2023
Written by Customer Service on . Posted in Public Companies.
WILLIAMSBURG, Va., March 06, 2024 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported its consolidated results for the fourth quarter and year ended December 31, 2023. The Company’s results include the following*:
Three Months Ended
Year Ended
December 31, 2023
December 31, 2022
December 31, 2023
December 31, 2022
($ in thousands except per share data)
($ in thousands except per share data)
Total revenue
$
42,148
$
41,342
$
173,838
$
166,077
Net (loss) income attributable to common stockholders
(2,683
)
3,092
(4,036
)
24,967
EBITDA
8,490
14,838
39,079
72,716
Hotel EBITDA
10,300
11,893
44,788
46,463
FFO...
Hut 8 Streamlines Operations with Closure of Drumheller Site
Written by Customer Service on . Posted in Public Companies.
Company to move efficient miners to Medicine Hat site; Plan expected to improve cash flow, decrease cost to mine a Bitcoin, and drive pro forma increase in Bitcoin mined per EH of approximately 11% ‘ Company to maintain lease with option value of re-energizing site under favorable market conditions
Miami, March 06, 2024 (GLOBE NEWSWIRE) —
Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), one of North America’s largest Bitcoin miners and energy infrastructure operators, today announced the closure of its Drumheller site in Alberta, Canada. In line with ongoing restructuring and optimization initiatives designed to strengthen financial performance, the Company is executing several strategic measures at the site.
Effectively immediately, Drumheller will cease to operate as a Bitcoin mining site. Efficient miners...
Hut 8 Streamlines Operations with Closure of Drumheller Site
Written by Customer Service on . Posted in Public Companies.
Company to move efficient miners to Medicine Hat site
Plan expected to improve cash flow, decrease cost to mine a Bitcoin, and drive pro forma increase in Bitcoin mined per EH of approximately 11%
Company to maintain lease with option value of re-energizing site under favorable market conditions
MIAMI, March 06, 2024 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), one of North America’s largest Bitcoin miners and energy infrastructure operators, today announced the closure of its Drumheller site in Alberta, Canada. In line with ongoing restructuring and optimization initiatives designed to strengthen financial performance, the Company is executing several strategic measures at the site.
Effectively immediately, Drumheller will cease to operate as a Bitcoin mining site. Efficient miners will be relocated...
Carbon Revolution to Attend 36th Annual ROTH Conference from March 17-19, 2024
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GEELONG, Australia, March 06, 2024 (GLOBE NEWSWIRE) — Carbon Revolution plc (Nasdaq: CREV) (the “Company”), a Tier 1 OEM supplier and the leading global manufacturer of lightweight advanced technology automotive carbon fiber wheels, is pleased to announce it will attend the 36th Annual ROTH Conference from March 17-19, 2024.
Carbon Revolution’s Head of Investor Relations, Daniel Zlotnitsky, will be attending this in-person event at The Ritz-Carlton Laguna Niguel in Dana Point, California.
The Annual ROTH Conference, one of the largest in the nation for small-cap companies, combines company presentations, Q&A sessions and management 1-on-1 meetings. The conference gives investors the opportunity to participate in one-on-one and small group meetings, analyst-selected fireside chats, industry keynotes and panels.
This event...
IREN Announces Monthly Investor Update for February 2024
Written by Customer Service on . Posted in Public Companies.
Figure 1Expansion ScheduleFigure 2IREN’s Prince George NVIDIA H100 clusterFigure 3Childress Phase 1 (100 MW) construction progressFigure 4Times Square, February 16, 2024SYDNEY, Australia, March 06, 2024 (GLOBE NEWSWIRE) — IREN (Iris Energy Limited) (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), a leading next-generation data center business powering the future of Bitcoin, AI and beyond, today published a monthly investor update for February 2024.
Key HighlightsBitcoin Mining
AI Cloud Services310 Bitcoin mined in February
Record operating hashrate of 7 EH/s
20 EH/s expansion in 2024Contract signed with poolside AI
Expansion to 816 NVIDIA H100 GPUsData Centers
CorporateExpanding to 460MW in 2024Rebrand from Iris Energy to IREN
Second...
This is to give notice of the annual general meeting of Jyske Realkredit A/S on Wednesday 20 March 2024 at 8.00 a.m. at the company’s address Klampenborgvej 205 in Kgs. Lyngby.
Written by Customer Service on . Posted in Public Companies.
To Nasdaq Copenhagen A/S 6 March 2024
Corporate Announcement No. 22/2024
This is to give notice of the annual general meeting of Jyske Realkredit A/S on Wednesday 20 March 2024 at 8.00 a.m. at the company’s address Klampenborgvej 205 in Kgs. Lyngby.
Agenda:
1. Approval of Remuneration Policy (Salary Policy) for Jyske Realkredit A/S.
2. Report on the company’s activities in 2023.
3. Approval of the Supervisory Board’s remuneration for the current financial year.
3.1. Remuneration for the Supervisory Board and the Executive Board.
4. Submission for approval of the Annual Report for 2023 and announcement of discharge for the Supervisory Board and the Executive Board from their obligations.
5. Submission for the application of profits or cover of loss according to the adopted Annual Report.
6. Election of members of the...
Woodbridge International Closes Sale of Rayotek Scientific Inc to McDanel Advanced Material Technologies
Written by Customer Service on . Posted in Mergers And Acquisitions.
NEW HAVEN, Conn., March 06, 2024 (GLOBE NEWSWIRE) — Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Rayotek Scientific Inc by McDanel Advanced Material Technologies.
Rayotek Scientific is a specialty Advanced Materials manufacturer of sapphire, glass, and fused silica windows, mirrors, and other optical systems. Rayotek’s portfolio holds a variety of high-tech materials that enable best-in-class performance required to operate in the harshest of conditions and meet the world’s most mission-critical applications. Industries the firm serves include Aerospace, Defense, Space, and Semiconductor.
McDanel Advanced Material Technologies is a leader in developing and manufacturing high-performance proprietary Advanced Material technical solutions for mission-critical...