INVO Reports Fourth Quarter and Full Year 2023 Financial Results

Written by Customer Service on April 16, 2024. Posted in Public Companies.

SARASOTA, Fla., April 16, 2024 (GLOBE NEWSWIRE) — INVO Bioscience, Inc. (Nasdaq: INVO) (“INVO” or the “Company”), a healthcare services fertility company focused on expanding access to advanced treatment worldwide through the establishment and acquisition of fertility clinics, and with the intravaginal culture (“IVC”) procedure enabled by its INVOcell® medical device, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023 and provided a business update. Q4 2023 Financial Highlights (all metrics compared to Q4 2022 unless otherwise noted) Revenue was $1,381,754, an increase of 397% compared to $278,142. Clinic revenue increased 519% to $1,362,938, compared to $220,253. All reported clinic revenue is derived from the Company’s INVO Center in Atlanta,...

Pulse Oil Announces Operational Results, EOR Progress Update, and Provides Results of Independent Reserve Evaluation

Written by Customer Service on April 16, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) — Pulse Oil Corp. (the “Company” or “Pulse”) (TSXV: PUL) reports the completion of Pulse’s first new drilling operation since 2019. Pulse is pleased to announce that the drilling, and subsequent completion of Pulse’s 100% owned 103/15-04 well, located in Pulse’s Bigoray Nisku D pool has resulted in production rates over the last seven days averaging 162 boe/d, consisting of 151 barrels of oil per day and 63 mcf/d of gas. The well was drilled over 11 days to a depth of 2,639 meters and was done so on budget. The completion targeted the upper portion of the Nisku D reef to take advantage of the progress achieved through the Enhanced Oil Recovery (EOR) program that Pulse initiated in December 2022. In the EOR process, Pulse is injecting solvent into the upper portion of the D pool,...

Xcel Brands, Inc. Announces Fourth Quarter and Fiscal Year 2023 Results

Written by Customer Service on April 16, 2024. Posted in Earnings Releases And Operating Results.

GAAP net loss of $6.8 million for the quarter, compared with GAAP net loss of $6.0 million in the prior year quarter. Adjusted EBITDA of ($1.2) million for the quarter, compared with Adjusted EBITDA of ($5.9) million for the prior year quarter, an improvement of $4.7 million. GAAP net loss of $21.1 million for the current year, compared with GAAP net loss of $4.0 million in the prior year, which included a $20.6 million gain on the sale of a majority interest in the Isaac Mizrahi brand. Adjusted EBITDA of ($5.7) million for the year, compared with Adjusted EBITDA of ($12.5) million for the prior year, an improvement of $6.8 million. NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping and...

Heartland BancCorp Earns $5.1 Million, or $2.51 per Diluted Share, in the First Quarter of 2024; Declares Quarterly Cash Dividend of $0.759 per Share

Written by Customer Service on April 16, 2024. Posted in Earnings Releases And Operating Results.

WHITEHALL, Ohio, April 16, 2024 (GLOBE NEWSWIRE) — Heartland BancCorp (“Heartland” and “the Company”) (OTCQX: HLAN), parent company of Heartland Bank (“Bank”), today reported net income increased 14.2% to $5.1 million, or $2.51 per diluted share, in the first quarter of 2024, compared to $4.5 million, or $2.19 per diluted share, in the first quarter of 2023, and decreased 3.9% compared to $5.3 million, or $2.61 per diluted share, in the preceding quarter. The company also announced that its board of directors declared a quarterly cash dividend of $0.759 per share. The dividend will be payable July 10, 2024, to shareholders of record as of June 25, 2024. Heartland has paid regular quarterly cash dividends since 1993. “Our first quarter operating performance continued to reflect the success of our community banking strategy, which...

Atico Reports Consolidated Financial Results for 2023

Written by Customer Service on April 16, 2024. Posted in Public Companies.

(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the year ended December 31, 2023, posting income from mining operations of $7.4 million and a net loss of $5.8 million. Production for the year at Atico’s El Roble mine totaled 13.2 million pounds (“lbs”) of copper and 10,149 ounces (“oz”) of gold in concentrate at a cash cost(1) of $2.04 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “we had a challenging year overall, with the first half of the year facing lower than expected head grades and lower throughput due to mechanical and operational issues, coupled with a significant appreciation in the...

XWELL, Inc. Reports Fiscal Year 2023 Results

Written by Customer Service on April 16, 2024. Posted in Public Companies.

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) — XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), an authority in wellness solutions for people on the go, today reported results for the year ended December 31, 2023. Recent Highlights: The Company’s airport XpresSpa business segment delivered revenue growth of approximately 39% versus 2022. The Company continued growing internationally with the opening of its 11th XpresSpa location in the Abu Dhabi International Airport. XWELL is opening an XpresSpa location in Penn Station, located in the heart of New York City’s newly revitalized PENN DISTRICT. The Company continues to expand outside of the airport with plans for multiple new Naples Wax Center locations in Florida. In March 2024, XWELL and Ginkgo Bioworks expanded the CDC Traveler-based Genomic Surveillance...

Powell Industries Announces Date and Conference Call for Fiscal 2024 Second Quarter Results

Written by Customer Service on April 16, 2024. Posted in Public Companies.

HOUSTON, April 16, 2024 (GLOBE NEWSWIRE) — Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that it will release results for the fiscal second quarter ended March 31, 2024 on Tuesday, April 30, 2024 after the market closes. In conjunction with the release, Powell Industries has scheduled a conference call, which will be broadcast live within the Investor Relations section of the Company’s website, on Wednesday, May 1, 2024 at 11:00 a.m. eastern time. What: Powell Industries Fiscal 2024 Q2 Earnings Conference Call When: Wednesday, May 1, 2024 – 11:00 a.m. eastern / 10:00 a.m. central How: Live via phone by dialing 1-833-953-2431 (domestic) or 1-412-317-5760 (international) and asking for the...

CVRx to Report First Quarter 2024 Financial and Operating Results and Host Conference Call on April 30th, 2024

Written by Customer Service on April 16, 2024. Posted in Public Companies.

MINNEAPOLIS, April 16, 2024 (GLOBE NEWSWIRE) — CVRx, Inc. (NASDAQ: CVRX) (“CVRx”), a commercial-stage medical device company focused on developing, manufacturing and commercializing Barostim™, an innovative extravascular implantable neuromodulation device for patients with cardiovascular diseases, today announced that it plans to release first quarter 2024 financial and operating results after market close on Tuesday, April 30th, 2024. The Company will host a conference call to review its results at 5:00pm Eastern Time the same day. A live webcast of the investor conference call will be available online at the investor relations page of the Company’s website at ir.cvrx.com. To listen to the conference call on your telephone, please dial 1-877-704-4453 for U.S. callers, or 1-201-389-0920 for international callers, approximately...

HOOKIPA Pharma Announces Grant of Inducement Award Under Nasdaq Listing Rule 5635(c)(4)

Written by Customer Service on April 16, 2024. Posted in Public Companies.

NEW YORK and VIENNA, Austria, April 16, 2024 (GLOBE NEWSWIRE) — HOOKIPA Pharma Inc. (NASDAQ: HOOK, ‘HOOKIPA’), a company developing a new class of immunotherapeutics based on its proprietary arenavirus platform, today announced that the Compensation Committee of the Company’s Board of Directors approved the grant of non-statutory options to Mark Winderlich, who was appointed Chief Development Officer of the Company effective April 1, 2024, to purchase an aggregate of 250,000 shares of the Company’s Common Stock under HOOKIPA’s 2023 Inducement Plan. The award was granted as an inducement material to the employee’s acceptance of employment with HOOKIPA in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price equal to $0.76 per share. The options have a ten-year term and vest over four years, with 25%...

Weatherford Releases 2023 Digital Annual Update

Written by Customer Service on April 16, 2024. Posted in Public Companies.

HOUSTON, April 16, 2024 (GLOBE NEWSWIRE) — Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced the release of its 2023 Annual Update, highlighting outstanding results for the year. The digital update showcases new technology developments, recent strategic acquisitions, and the Company’s unwavering focus on creating long-term value for customers and investors, paving the path for sustainable and steadfast growth. Girish Saligram, President and Chief Executive Officer, commented, “In 2023, we saw another year of outstanding success driven by exceptional market performance as we created sustainable value. Entering 2024, Weatherford has undergone a significant transformation, distinctly different from its past and the sector. Weatherford is now characterized by our financial...

Day: April 16, 2024

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