Day: March 27, 2024
ENDEAVOUR REPORTS STRONG FY-2023 RESULTSProduction of 1.1Moz at AISC of $967/oz • Adj. EBITDA of $1.0bn • Shareholder returns of $266mOPERATIONAL AND FINANCIAL HIGHLIGHTS (for continuing operations)Q4-2023 production of 280koz at an industry-low AISC of $947/oz; totalling 1,072koz at an AISC of $967/oz for FY-202311th consecutive year of achieving or beating production guidance at an industry-leading AISCAdjusted EBITDA of $292m for Q4-2023 and $1,047m for FY-2023Adjusted Net Earnings of $42m (or $0.17/sh) for Q4-2023 and $230m (or $0.93/sh) for FY-2023Operating Cash Flow before changes in WC of $246m (or $1.00/sh) for Q4-2023 and $746m (or $3.02/sh) for FY-2023Healthy financial position with net debt of $555m and leverage of 0.50x Net Debt / Adj. EBITDA (LTM) despite investing $548m in organic...
Zscaler Finds Enterprise Use of AI/ML Tools Skyrocketed Nearly 600% Over the Last Year, Putting Enterprises at Risk
Written by Customer Service on . Posted in Public Companies.
Zscaler 2024 AI Report2024 AI ReportThreatLabz AI Report Reveals Enterprises Sharing 569 TB of Data to AI Tools, Stressing the Need for Better Data SecurityEnterprise AI/ML transactions increased from 521 million monthly in April 2023 to 3.1 billion monthly by January 2024.
Manufacturing generates the most AI traffic, totaling 21% of all AI transactions in the Zscaler security cloud, followed by Finance and Insurance (20%) and Services (17%).
The most popular AI/ML applications for enterprises by transaction volume are ChatGPT, Drift, OpenAI, Writer, and LivePerson.
The top five countries generating the most enterprise AI transactions are the US, India, the UK, Australia, and Japan.SAN JOSE, Calif., March 27, 2024 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced the release...
Sosei Heptares Confirms Re-election of its Board and Executive Management Team and the Approval of Change of Company Name to Nxera Pharma
Written by Customer Service on . Posted in Public Companies.
Tokyo, Japan and Cambridge, UK, 27 March 2024 – Sosei Group Corporation (“the Company”; TSE: 4565) announces that the re-election of its Board of Directors and Executive Officers was approved at the Company’s 34th Annual Shareholders’ Meeting and a subsequent Board of Directors meeting, held today in Tokyo. In addition, the “Partial Amendment to the Articles of Incorporation (Change of Corporate Name)” was approved at the Annual Shareholder’s Meeting. With this approval, the Company will change its name to Nxera Pharma Co., Ltd. with effect from 1 April 2024.
Shinichi Tamura, Chairman of Sosei Heptares, said: “2023 was a transformational year for Sosei Group enabling us to accelerate our development going forward as an integrated, technology powered, commercial-stage biopharmaceutical company focused on applying cutting-edge science to...
Harju Elekter Group’s audited Annual Report 2023
Written by Customer Service on . Posted in Public Companies.
AS Harju Elekter Group presents its consolidated audited Annual Report for 2023 prepared by the Management Board and approved by the Supervisory Board. Compared to the unaudited interim report published on 21 February 2024, there are no differences in the audited financial results.
The consolidated audited revenue for the year 2023 was 209.0 million euros, the operating profit was 8.1 million euros and net profit 5.2 million euros.
The original audited Annual Report 2023 document is submitted in machine-readable .xhtml format to the Nasdaq Tallinn Stock Exchange and digitally signed (link: https://nasdaqbaltic.com/statistics/en/instrument/EE3100004250/reports).
Tiit Atso Chairman of the Management Board +372 674 7400AttachmentsAnnual Report of Harju Elekter 2023Harju Elekter Group aastaaruanne 2023 EST...
IMCD Benelux expands its Beauty & Personal Care presence with the acquisition of Gova Ingredients
Written by Customer Service on . Posted in Mergers And Acquisitions.
IMCD_logoIMCD Group LogoROTTERDAM, The Netherlands 27 March 2024 – IMCD N.V. (“IMCD” or “Company”), a leading distributor of speciality chemicals and ingredients, today announces that IMCD Benelux has acquired 100% of Gova Ingredients, a prominent ingredients distributor for the beauty and personal care market in the Benelux.
Established in 1999 and headquartered in Hoogerheide, Netherlands, Gova provides an extensive portfolio of cosmetic actives and functional ingredients. Through its in-house application laboratory, it provides its customers with formulation and technical support. With 10 employees, Gova generated a revenue of approximately EUR 6 million in 2023. The company represents leading global suppliers and serves customers in the Benelux market.
‘Gova is a well-recognized speciality distributor for the beauty and personal...
Burgundy Diamond Mines announces 2023 year-end results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Burgundy Diamond Mines polished diamonds.A mix of Burgundy Diamond Mines polished diamonds.Ekati Diamond Mine operationsTruck waiting to be loaded at Burgundy’s Ekati Diamond Mine Sable pit.PERTH, Western Australia and CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) — Burgundy Diamond Mines Limited (ASX:BDM) provided the filing of its 2023 Annual Report, including the annual audited financial statements and explanation of results for the 6-month period ended December 31, 2023, to the Australian Stock Exchange on March 27, 2024.
Following the transformational purchase of 100% interest in Ekati Diamond Mine on July 1, 2023, Burgundy Diamond Mines is pleased with the performance over the last six-months with proceeds of US$258 million from the sale of 2.6 million carats and operational cash flow of US$68...
Vayana TradeXchange partners with Arqit to transform trade finance
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LONDON, March 27, 2024 (GLOBE NEWSWIRE) — Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), and Vayana TradeXchange announce a partnership to use Arqit’s TradeSecure™ digital negotiable instrument technology to transform international supply chains.
Vayana TradeXchange is a global marketplace facilitating the financing of cross-border trade, headquartered in GIFT City and operating under license from the International Financial Services Authority in India (IFSCA). It is part of the Vayana Group which operates India’s largest regulated network for domestic supply chain finance.
The initial focus for the partnership will be India, Singapore, the United Arab Emirates (UAE) and the United Kingdom (UK), nations that are global leaders in the digitalisation of trade. These countries have embraced legislation based on the UN’s...
Cardlytics Prices $150.0 Million Convertible Senior Notes Offering
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ATLANTA, March 26, 2024 (GLOBE NEWSWIRE) — Cardlytics, Inc. (NASDAQ: CDLX) (“Cardlytics”), an advertising platform in banks’ digital channels, today announced the pricing of its offering of $150.0 million aggregate principal amount of 4.25% convertible senior notes due 2029 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The issuance and sale of the notes are scheduled to settle on April 1, 2024, subject to customary closing conditions. Cardlytics also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $22.5 million aggregate principal amount of notes.
The notes will be senior, unsecured...
The Keg Royalties Income Fund Announces Fourth Quarter 2023 and Full Year 2023 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Not for distribution to U.S. News wire services or dissemination in the U.S.
VANCOUVER, British Columbia, March 26, 2024 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended December 31, 2023 (the “quarter”) and the twelve months ended December 31, 2023 (the “year”).
HIGHLIGHTSRoyalty Pool Sales(1) up 12.8% to $202.5M for the quarter and up 9.7% to $741.7M for the year
KRL’s Average Sales per Operating Week(1) up 8.6% to $140,000 for the quarter and up 5.7% to $134,000 for the year
Same Store Sales(1) up 5.2% for the quarter and up 8.5% for the year
Distributable Cash(1) down 12.1% to $0.238/Fund unit for the quarter and up 6.8% to $1.159/Fund unit for the year
Declared a special cash distribution of $0.08/Fund unit on December 19,...