Day: April 1, 2024

20 EH/s expansion fully funded

Written by Customer Service on April 1, 2024. Posted in Public Companies.

20 EH/s expansion fully funded 460MW of next-generation data centers Commencement of quarterly reporting SYDNEY, Australia, April 01, 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 provided a business update.2024 expansion, now fully funded$301m cash, no debt 460MW of data centers and 20 EH/s of Bitcoin mining in 2024 Expansion fully funded, following completion of a targeted ATM equity raising programIREN to commence quarterly reporting immediatelyStarting from the quarter ending March 31, 2024Next-generation data centers460MW of data center capacity in 2024, with land portfolio and executed connection agreements for 2,160MW...

Akari Therapeutics Reports Full-Year 2023 Financial Results and Recent Highlights

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

BOSTON and LONDON, April 01, 2024 (GLOBE NEWSWIRE) — Akari Therapeutics, Plc (Nasdaq: AKTX), a late-stage biotechnology company developing advanced therapies for autoimmune and inflammatory diseases, has reported financial results for the full year 2023 as well as recent company highlights. “Amidst challenging economic conditions during 2023 in the biotech sector and beyond, the Akari team advanced our Phase 3 and pre-clinical development programs and paved the way for a merger that, upon closing, will expand our pipeline and open the door to new potential growth and value creation opportunities,” said Rachelle Jacques, Akari President and CEO. “We believe we are building strong momentum and we’re excited about the possibilities that exist for our combined company.” Company Highlights Akari announced the company has reached a definitive...

Nxu, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

MESA, Ariz., April 01, 2024 (GLOBE NEWSWIRE) — Nxu, Inc. (NASDAQ: NXU) (“Nxu”, “the Company”), a domestic technology company developing and manufacturing innovative EV charging and energy storage solutions, today announced financial results for the year ended Dec. 31, 2023. Nxu’s full year 2023 financial results and management commentary can be found by accessing the Company’s shareholder letter on the Investor Relations page of the Company’s website. “Reflecting on 2023, it emerges as a transformative chapter in Nxu’s history,” noted Nxu Founder, Chairman, and CEO Mark Hanchett. “The strides we took in developing our public charging units and Quartzsite charging facility set the stage for a successful 2024 and beyond. As we envision a future where charging infrastructure rivals that of traditional gas stations, where...

Old National Announces Completion of Merger with CapStar

Written by Customer Service on April 1, 2024. Posted in Mergers And Acquisitions.

EVANSVILLE, Ind., April 01, 2024 (GLOBE NEWSWIRE) — (NASDAQ: ONB) – Old National Bancorp (“Old National”) today announced the closing of its previously-announced merger with Nashville-based CapStar Financial Holdings, Inc. (“CapStar”), the holding company for CapStar Bank, as of April 1. “This partnership is an incredible cultural fit and a natural extension of our growth strategy that allows us to introduce our client- and community-centered approach to banking to several strong, vibrant Southeastern communities,” said Old National Chairman and CEO Jim Ryan. “We are excited to have reached this important milestone and to officially welcome CapStar clients and team members to the Old National family.” After closing of the merger, Old National has approximately $52 billion of assets and $29 billion of assets under management (on...

Enservco Corporation Reports 2023 Fourth Quarter and Full Year Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

Fourth Quarter 2023 HighlightsRevenue flat overall with a completions services revenue increase offset by an expected production services revenue decrease from Q4 of 2022 Gross profit improves 14% General and administrative expenses down 2% Net loss increased to $1.9 million from $1.7 million, with the increase related to $0.5 million write down of goodwill in Q4 2023 Positive Adjusted EBITDA versus an Adjusted EBITDA loss in Q4 of 2022Full Year 2023 HighlightsRevenue up 2% compared to 2022 Gross profit improves 61% General and administrative expenses down 9% Net loss increased to $8.5 million from $5.6 million, due primarily to the write down of goodwill and the 2022 net loss including a $4.3 million non-cash gain on debt extinguishment Adjusted EBITDA loss improves 46%LONGMONT, Colo., April 01, 2024 (GLOBE NEWSWIRE) —...

Global Net Lease, Inc. Announces Common Stock Dividend for the Second Quarter 2024

Written by Customer Service on April 1, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) — Global Net Lease, Inc. (“GNL” or the “Company”) (NYSE: GNL / GNL PRA / GNL PRB / GNL PRD / GNL PRE) announced today that it declared a dividend on its outstanding common stock for the quarter ended June 30, 2024. The dividend is equal to $0.275 per share of common stock payable on April 16, 2024, to common stockholders of record at the close of business on April 11, 2024. About Global Net Lease, Inc. Global Net Lease, Inc. is a publicly traded real estate investment trust listed on the NYSE, which focuses on acquiring and managing a global portfolio of income producing net lease assets across the United States, and Western and Northern Europe. Additional information about GNL can be found on its website at www.globalnetlease.com. Important Notice The statements in this press release that...

Mawson Infrastructure Group Inc. Reports Q4 and Fiscal Year 2023 Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

Q4 Co-Location Business Revenue increased 52% Q/Q Q4 Energy Management Business Revenue increased 64% Q/Q Total Quarterly Revenue increased 24% Q/Q to $14.02 Million MIDLAND, Pa., April 01, 2024 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”, the Company), a digital infrastructure company, today announced its financial and operational results for the fourth quarter and fiscal year 2023 ended December 31, 2023. “We are delighted with Q4 2023 being a robust quarter of growth and a significant step forward in a transformational year for Mawson,” said Rahul Mewawalla, CEO and President of Mawson. “In Q4, we signed new enterprise co-location customers and rapidly grew our co-location business revenue by 52% this quarter compared to last quarter. We also grew our energy management business revenue by 64%...

NIO Inc. Provides March and First Quarter 2024 Delivery Update

Written by Customer Service on April 1, 2024. Posted in Public Companies.

NIO delivered 11,866 vehicles in March 2024, increasing by 14.3% year-over-year NIO delivered 30,053 vehicles in the three months ended March 2024 Cumulative deliveries of NIO vehicles reached 479,647 as of March 31, 2024SHANGHAI, China, April 01, 2024 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its March and first quarter 2024 delivery results. NIO delivered 11,866 vehicles in March 2024, increasing by 14.3% year-over-year. The deliveries consisted of 6,737 premium smart electric SUVs, and 5,129 premium smart electric sedans. NIO delivered 30,053 vehicles in the first quarter of 2024. Cumulative deliveries of NIO vehicles reached 479,647 as of March 31, 2024. Beginning in March 2024, NIO...

XPENG Announces Vehicle Delivery Results for March and First Quarter 2024

Written by Customer Service on April 1, 2024. Posted in Public Companies.

GUANGZHOU, China, April 01, 2024 (GLOBE NEWSWIRE) — XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for March and the first quarter of 2024. In March 2024, XPENG delivered 9,026 Smart EVs, representing a 99% increase over the prior month and 29% increase year-over-year. The XPENG X9 maintained its position as the top-selling all-electric MPV in China, with 3,946 units delivered in March and nearly 8,000 units delivered since its launch. Overall, XPENG delivered 21,821 Smart EVs in the first quarter of 2024, a 20% increase from last year. Additionally, the monthly active user penetration rate of XNGP in urban driving scenarios reached 82%. The unlimited XNGP function was further rolled out to a broader base...

Li Auto Inc. March 2024 Delivery Update

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

BEIJING, China, April 01, 2024 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that the Company delivered 28,984 vehicles in March 2024, increasing by 39.2% year over year. This brought the Company’s first-quarter deliveries to 80,400, up 52.9% year over year. The cumulative deliveries of Li Auto vehicles reached 713,764 as of the end of March 2024, establishing Li Auto as the first Chinese emerging new energy automaker to reach a milestone of 700,000 cumulative deliveries. “With gratitude for the trust and support of over 700,000 families, we remain dedicated to enhancing our focus on user value and continually improving our product strength and user experience,” commented Xiang Li, chairman and chief executive officer of Li Auto. As...

Day: April 1, 2024

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