ProKidney Reports Full Year 2023 Financial Results and Recent Corporate Highlights

Written by Customer Service on March 21, 2024. Posted in Earnings Releases And Operating Results.

WINSTON-SALEM, N.C., March 21, 2024 (GLOBE NEWSWIRE) — ProKidney Corp. (Nasdaq: PROK) (“ProKidney” or the “Company”), a leading late clinical-stage cellular therapeutics company focused on chronic kidney disease (CKD), today announced financial results for the year ended December 31, 2023. “We are very excited about the future of ProKidney. Building on the positive interim Phase 2 data that we released last Fall for rilparencel (which we sometimes refer to as REACT®) demonstrating the potential to preserve kidney function in patients with type 2 diabetes mellitus and advanced kidney disease, we look forward to the REGEN-007 Phase 2 interim data readout mid-year,” said Bruce Culleton, Chief Executive Officer at ProKidney. “Our clinical data to date have shown that rilparencel may meet a current unmet medical need by preserving...

SoFi Announces Additional March Monthly Distributions on $THTA (13.14%)

Written by Customer Service on March 21, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) — SoFi, a leading provider of thematic and income ETFs, today announced an additional distribution for the month of March on the SoFi Enhanced Yield ETF (THTA). THTA expects to continue its once per month distribution schedule in April and beyond. Distribution as of 3/21/24 ETFTicker Distributionper Share DistributionRate * 30-Day SEC Yield** Ex-Date RecordDate PaymentDate THTA $0.2030 12.04% 4.48% 3/28/2024 4/1/2024 4/2/2024 Distributions For March 2024 – as of 3/21/24 ETFTicker Distributionper Share DistributionRate * 30-Day SEC Yield** THTA $0.2217 13.14% 4.48% Inception date: 11/15/2023Click here to view standardized performance for THTA. THTA, launched in partnership with Tidal Investments LLC and ZEGA Financial LLC, seeks current income by combining a strategy...

VitalHub Corp. Reports Fourth Quarter and Year-End 2023 Results

Written by Customer Service on March 21, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, March 21, 2024 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Consolidated Financial Statements and Management’s Discussion and Analysis report for the year ended December 31, 2023, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. “As VitalHub closes another quarter, it’s with a great sense of achievement that we reflect on the strides we’ve made. Our Q4 2023 revenue reached $13,603,419, marking a 20% increase over the same period last year. This growth underscores the successful execution of our strategy and the unwavering dedication of our team. Q4 gross profit as a percentage of revenue improved to 83%, up from 82% in the prior year quarter, demonstrating...

Ryman Hospitality Properties, Inc. Announces Upsizing and Pricing of $1.0 Billion of Senior Notes Due 2032

Written by Customer Service on March 21, 2024. Posted in Public Companies.

NASHVILLE, Tenn., March 21, 2024 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced today that its subsidiaries, RHP Hotel Properties, LP (the “Operating Partnership”) and RHP Finance Corporation (together, with the Operating Partnership, the “Issuers”), successfully upsized and priced the private placement of $1.0 billion aggregate principal amount of 6.500% senior notes due 2032 (the “Notes”). The aggregate principal amount of the Notes to be issued in the offering was increased to $1.0 billion from the previously announced $800.0 million. The Notes will be senior unsecured obligations of the Issuers and guaranteed by the Company and its subsidiaries that guarantee its existing credit facility, 4.750% senior unsecured notes due 2027, 7.250% senior unsecured notes due 2028 and 4.500% senior...

Acceleware Ltd. Reports Fourth Quarter 2023 Financial and Operating Results

Written by Customer Service on March 21, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 21, 2024 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, today announced its financial and operating results for the year ended December 31, 2023 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s year end results reflect contributions from the Company’s two business units, radio frequency (“RF”) heating for industrial applications using the Company’s proprietary Clean Tech Inverter (“CTI”) including enhanced oil recovery (“RF XL”), and high-performance computing (“HPC”) scientific software. This news release should be read in conjunction with the Company’s audited financial statements and the accompanying notes for the year ended December...

Etrion Releases 2023 Results

Written by Customer Service on March 21, 2024. Posted in Earnings Releases And Operating Results.

GENEVA, March 21, 2024 (GLOBE NEWSWIRE) — Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) released today its annual consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the year ended December 31, 2023. 2023 HIGHLIGHTS Etrion closed 2023 with an unrestricted cash balance of US$9.9 million and a positive working capital of US$7.6 million. Management Comments Marco A. Northland, the Company’s Chief Executive Officer, commented, “The Company going forward will maintain very limited resources and proceed with a windup of the Company as previously disclosed.” FINANCIAL SUMMARY Three months ended Twelve months ended US$ thousands (unless otherwise stated) Q4-23 Q4-22 Q4-23 Q4-22 Financial performance from continuing...

Strategic Execution and Corporate Simplification Continues – ECN Capital Announces Completion of the Sale of Red Oak Inventory Finance to BharCap Partners

Written by Customer Service on March 21, 2024. Posted in Public Companies.

TORONTO, March 21, 2024 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today announced the sale of Red Oak Inventory Finance (“Red Oak”) to BharCap Partners. The transaction closed on February 21, 2024. This transaction is another milestone in ECN Capital’s corporate simplification plan and strategic review process for the Company’s RV & Marine platform. The net proceeds from the transaction were initially used to pay down debt under the Company’s credit facility and are expected to be available to be redeployed into ECN’s manufactured housing and RV & Marine origination platforms. RBC Capital Markets acted as sole financial advisor to the Company, and Cravath, Swaine & Moore LLP acted as legal advisor to the Company in connection with the transaction. About ECN Capital Corp. With...

SEALSQ Corp Announces 2023 Fiscal Year Results

Written by Customer Service on March 21, 2024. Posted in Earnings Releases And Operating Results.

Geneva, Switzerland, March 21, 2024 (GLOBE NEWSWIRE) — Schedules Conference Call and Webcast for Friday, March 22 at 9:00am ET (2:00 pm CET) Reports 29% increase in revenue and 43% higher gross profit, as compared to FY 2022. Ends the year with a strong cash position of $6.9 million. Continues to tap into new revenue streams through increased investments in next generation post-quantum technologies. Aims to launch these groundbreaking products by late 2025 or early 2026. SEALCOIN, expected to launch in Q2 2024, is expected to be transformational in the Machine-to-Machine (M2M) economy. Implementation of QUASARS project is paving the way for the Post Quantum Cryptography era. Continues geographic expansion: currently in negotiations to establish three new OSAT (Open Semiconductor Assembly and Test) centers in Spain, the USA,...

Central 1 reports 2023 financial results

Written by Customer Service on March 21, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) — Central 1 Credit Union (“Central 1” or the “organization”) reported a consolidated net income of $25.4 million for the year ended December 31, 2023, compared to a net loss of $69.6 million in 2022. 2023 consolidated results compared to 2022: Net income of $25.4 million, compared to a net loss of $69.6 million in 2022. Net interest income of $54.3 million, compared to a net interest income of $75.9 million in 2022. Net fair value gain1 of $28.3 million, compared to a net fair value loss1 of $143.0 million in 2022. Return on average equity2 of 3.6 per cent, compared to negative 9.8 per cent in 2022. Total assets of $11.2 billion, compared to $11.9 billion in 2022. Central 1’s 2023 results reflect a strong year across business lines driven by a mix of fee revenue, higher...

Instil Bio Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate Update

Written by Customer Service on March 21, 2024. Posted in Earnings Releases And Operating Results.

DALLAS, March 21, 2024 (GLOBE NEWSWIRE) — Instil Bio, Inc. (“Instil”) (Nasdaq: TIL), a clinical-stage biopharmaceutical company focused on developing a pipeline of novel therapies, today reported its fourth quarter and full year 2023 financial results and provided a corporate update. Recent Highlights: Announced entering into a strategic collaboration to develop an autologous folate receptor α (FRα)-CoStAR enhanced TIL for a potential investigator-initiated trial (IIT) in non-small cell lung cancer in China Announced a strategic update to the ITIL-306 program, including closure of Instil’s UK manufacturing and cessation of ITIL-306 clinical trial activities Exploring opportunities to in-license/acquire and develop novel therapeutic candidates in diseases with significant unmet medical need Cash runway expected beyond 2026 Fourth...

Day: March 21, 2024

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