Day: April 1, 2024

TFI International Completes Previously Announced Daseke Acquisition for US $8.30 in Cash per Common Share and Closes on US $500 Million Term Loan

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

MONTREAL, April 01, 2024 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of Daseke, Inc. (NASDAQ: DSKE), one of the leading flatbed and specialized transportation and logistics companies in North America, for US $8.30 in cash per common share. The total enterprise value of the transaction is approximately US $1.1 billion, including the merger consideration for the common stock, redemption of Daseke’s Series B preferred stock, payoff or assumption of Daseke’s Series A preferred stock and outstanding debt, net of cash, and estimated transaction fees and expenses. In addition, on March 22, 2024, TFI International closed on a US $500 million term loan in an overcommitted transaction...

Vaso Corporation Announces Financial Results for Fourth Quarter and Full Year of 2023

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

The Company Reports Another Record in Annual Revenue PLAINVIEW, N.Y., April 01, 2024 (GLOBE NEWSWIRE) — Vaso Corporation (“Vaso”) (OTCQX: VASO) today announced its operating results for the three months and year ended December 31, 2023. “The Company continued the growth trend in fiscal year 2023 and reached another record annual revenue of $81.0 million, an increase of 2.2% year-over-year. We are particularly pleased to see all three of our businesses attaining higher revenue over the prior year,” commented Dr. Jun Ma, President and Chief Executive Officer of Vaso Corporation. “Net income for the year was $4.8 million, despite additional significant investments during the year on a new program in the professional sales service segment, on product development efforts in the equipment segment, and on corporate undertakings such as...

BurgerFi Reports Preliminary Unaudited Fourth Quarter and Fiscal Year 2023 Results

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

Conference Call today, April 1, at 4:30 p.m. ET FORT LAUDERDALE, Fla., April 01, 2024 (GLOBE NEWSWIRE) — BurgerFi International, Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”), owner BurgerFi, one of the nation’s leading fast-casual “better burger” dining brands, and Anthony’s Coal Fired Pizza & Wings (“Anthony’s”), the high-quality, casual dining pizza brand, today reported preliminary unaudited financial results for the fourth quarter and fiscal year ended January 1, 2024. Highlights for the Fourth Quarter 20231Total revenue was $41.5 million in the fourth quarter 2023 compared to $45.2 million in the fourth quarter 2022Consolidated systemwide sales decreased to $65.0 million compared to $71.6 million in the prior period Corporate-owned restaurant same-store sales decreased 3% at Anthony’s compared to the prior...

Snail, Inc. Reports Fourth Quarter & Full Year 2023 Financial Results

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

CULVER CITY, Calif., April 01, 2024 (GLOBE NEWSWIRE) — Snail, Inc. (NASDAQ: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its fourth quarter and full year ended December 31, 2023. Jim Tsai, Chief Executive Officer commented, “This past year has been filled with exciting milestones for Snail. We launched ARK: Survival Ascended, which sold more than 600,000 units within the first two weeks and surpassed 1.5 million units in sales to date. We are pleased to see the continued engagement in the ARK series and plan to build on this momentum in 2024.” Fourth Quarter & Full Year 2023 HighlightsARK: Survival Ascended. On October 25, 2023, the Company launched its flagship remake of the ARK franchise leveraging Unreal...

VirTra Reports Fourth Quarter and Full Year 2023 Financial Results

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

Annual Revenue Grows to a Record $38.0 Million, Marking a 34% Increase Net Income Increases to $8.4 Million in 2023 CHANDLER, Ariz., April 01, 2024 (GLOBE NEWSWIRE) — VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, reported results for the fourth quarter and full year ended December 31, 2023. The financial statements are available on VirTra’s website and here. Fourth Quarter 2023 Financial Summary:Total revenue increased 17% year-over-year to $10.1 million Gross profit increased 58% year-over-year to $8.4 million, or 83% of total revenue Net income increased by $1.4 million year-over-year to $2.8 million Adjusted EBITDA totaled $1.7 million Cash and cash equivalents of $18.9 million at December...

Safe Harbor Financial Announces Fourth Quarter and Year-End 2023 Results

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

–Record annual revenue increased 85.3% year-over-year to $17.6 million in 2023 –Loan Book Value increased 194.2% to $55.6 million in 2023, up from $18.9 million year-over-year –Has facilitated more than $21.5 billion in deposit activity across 41 states since inception GOLDEN, Colo., April 01, 2024 (GLOBE NEWSWIRE) — SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, announced today its financial results for the fourth quarter and full year ended December 31, 2023. Full-Year 2023 Financial & Operational HighlightsRevenue increased 85.3% to $17.6 million, compared to $9.5 million for the full year of 2022; Loan Book Value at the end of 2023 increased 194.2%...

ReShape Lifesciences® Reports Year Ended December 31, 2023 Financial Results and Provides Corporate Update

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

Completed First Surgeries With Next-Generation Lap-Band® 2.0 FLEX 2024 Operating Expenses Expected to Decrease by more than 50% Compared to 2023; Reaffirming Commitment to Profitability Conference Call to be Held at 4:30 pm ET Today IRVINE, Calif., April 01, 2024 (GLOBE NEWSWIRE) — ReShape Lifesciences Inc. (Nasdaq: RSLS), the premier physician-led weight loss and metabolic health-solutions company, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023 and provided a corporate strategic update. Fourth Quarter 2023 and Subsequent HighlightsMarch 2024: Significantly strengthened the company’s intellectual property portfolio related to an intragastric balloon system. Specifically, it received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for patent application...

Acutus Medical Reports Fourth Quarter and Full Year 2023 Financial Results

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

CARLSBAD, Calif., April 01, 2024 (GLOBE NEWSWIRE) — Acutus Medical, Inc. (“Acutus” or the “Company”) (Nasdaq: AFIB) today reported results for the fourth quarter and full year ended December 31,2023. Recent Highlights:Announced strategic realignment of resources and corporate restructuring on November 8, 2023 with the objective of optimizing financial position and maximizing free cash flow. The Continuing Operations focuses on the implementation of the business model to shift to solely support the manufacturing and distribution of Medtronic’s left-heart access product portfolio. Discontinued Operations relates to the Company’s mapping and ablation business that was wound down as part of the strategic realignment of resources and corporate restructuring. Fourth quarter revenue from Continuing Operations of $2.4 million grew 118%...

TOMI Environmental Solutions, Inc. Reports Fourth Quarter and Year End 2023 Financial Results

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

FREDERICK, Md., April 01, 2024 (GLOBE NEWSWIRE) — TOMI Environmental Solutions, Inc.® (“TOMI”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist brand of products, today announced its fourth quarter and year end 2023 results. TOMI Chief Executive Officer, Dr. Halden Shane, stated, “During 2023 we continued to expand our sales infrastructure through the broadening of our distribution network, diversify our product line to support our growing customer base and the related utilization of our SteraMist technology and deliver multiple custom engineered systems to key customers. “We remain focused on expanding our internal and external sales infrastructure and business development initiatives. Last year we onboarded...

Goodness Growth Holdings Announces Fourth Quarter and Full Year 2023 Results

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

– Company demonstrates improved performance with record revenue and operating income in fiscal year 2023 – – Q4 2023 revenue of $24.2 million excluding discontinued operations increased 34.4% year-over-year – – Q4 2023 operating income of $5.4 million, the second consecutive quarter above $5 million – MINNEAPOLIS, April 01, 2024 (GLOBE NEWSWIRE) — Goodness Growth Holdings, Inc. (“Goodness Growth” or the “Company”) (CSE: GDNS; OTCQX: GDNSF), a cannabis company committed to providing safe access, quality products and great value to its customers, today reported financial results for its fourth quarter and full year ended December 31, 2023. Key financial results are presented below in summary form with supporting commentary and discussion from management of certain key operating metrics which the Company uses...

Day: April 1, 2024

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