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Month: April 2024

ScottsMiracle-Gro Announces Timing of Second Quarter 2024 Financial Results and Webcast

MARYSVILLE, Ohio, April 22, 2024 (GLOBE NEWSWIRE) — The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its second quarter financial results on Wednesday, May 1, 2024, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session. To watch the Company presentation and listen to the question-and-answer session, please register in advance at this webcast link. For those planning to participate in the question-and-answer session that follows the video presentation, please register for the webcast to view the presentation in addition to registering in advance...

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Metawells Oil & Gas Inc. (KOSK) & Global Oil & Gas Recovery Corp. Sign Letter of Intent to Commence Merger

HARRISON, NY, April 22, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — Metawells Oil & Gas Inc. (OTC Pink: KOSK) announces that KOSK and Global Oil & Gas Recovery Corp. (GlobalOG) signed a Letter of Intent to begin the Merger process. The Principals of the Company and GlobalOG are excited to implement its business plan and build long term shareholder value. More information will be released on the upcoming developments. ABOUT GLOBAL OIL & GAS RECOVERY CORP.  The Company’s primary focus is to implement Enhanced Oil Recovery (EOR) techniques to existing abandoned wells, maturing oil fields and previously tapped reserves located in the United States and Canada. By restoring these existing oil and gas wells we create value for our shareholders by generating revenue from oil and gas production. Green Technology...

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Update: LiveOne (Nasdaq: LVO) Anticipates Record Q4 and FY24 Results

– FY24: Expects $118.5M revenue, $14.4M Adjusted EBITDA* (excluding $3.5M CPS division loss) – Q4 FY24: Expects $30.3M revenue, $4.3M Adjusted EBITDA* (excluding $1.6M CPS loss) – LVO Anticipates Completing CPS restructuring adding $3M Adjusted EBITDA* in FY25 – Maintains FY25 guidance: $140M-$155M revenue and $16M-$20M Adjusted EBITDA* – Audio Division FY25 guidance: $130M-$140M revenue, $20M-$25M Adjusted EBITDA* and $17M+ positive cash flow – Repurchased ~4M shares since program inception, with $5M remaining dedicated for continued repurchases – $10.6M current cash position – Senior Management Will Host a Live Conference Call and Audio Webcast Beginning at 10:00 A.M. ET on Thursday, May 30, 2024LOS ANGELES, CA, April 22, 2024 (GLOBE NEWSWIRE) — via NewMediaWire — LiveOne...

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Lake Shore Bancorp, Inc. Announces 2024 First Quarter Financial Results

DUNKIRK, N.Y., April 22, 2024 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.0 million, or $0.17 per diluted share, for the 2024 first quarter compared to net income of $1.7 million, or $0.29 per diluted share, for the 2023 first quarter. Net income decreased $670,000, or 39.8%, when compared to the 2023 first quarter and was negatively impacted by a decrease in net interest income and the period-over-period change in the provision for credit losses. These changes were partially offset by a decrease in non-interest expense and an increase in non-interest income primarily as a result of a bank-owned life insurance restructure which took place during the fourth quarter of 2023. “I am pleased with our first...

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Ljósleiðarinn’s CFO Resigns from Position

Halla Björg Haraldsdóttir, the financial director of Ljósleiðarinn, has resigned. The financial division of Orkuveitan, the parent company of Ljósleiðarinn, will assume general operations. „We thank Halla for her dedicated service to Ljósleiðarinn and wish her all the best in the future,“ says Einar Þórarinsson, CEO of Ljósleiðarinn. “My time as CFO at Ljósleiðarinn has been both rewarding and enriching. I’ve had the opportunity to tackle complex financial challenges and contribute to the company’s growth. As I enter new endeavours, I extend my heartfelt thanks to Ljósleiðarinn for the valuable experiences and wish the team continued success.” Halla Björg Haraldsdóttir, outgoing CFO of Ljósleiðarinn. For further information:Breki LogasonChief Communicaton Officer, Orkuveitan+3546985671

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Nanox Files 2023 Annual Report on Form 20-F

PETACH TIKVA, Israel, April 22, 2024 (GLOBE NEWSWIRE) — NANO-X IMAGING LTD (“Nanox” or the “Company,” Nasdaq: NNOX), an innovative medical imaging technology company, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission (“SEC”) on April 22, 2024. The annual report on Form 20-F, which contains the Company’s audited consolidated financial statements, can be accessed on the SEC’s website at https://www.sec.gov/ and on the Company’s website at https://www.nanox.vision/ under “Financials” in the Investors section. The Company will provide a hard copy of its annual report containing its audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to Investor Relations, at...

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Getty Images to Release First Quarter 2024 Financial Results on May 9, 2024

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) — Getty Images Holdings, Inc. (“Getty Images”) (NYSE: GETY) a preeminent global visual content creator and marketplace, announced today that the company intends to release its first quarter 2024 results after market close on Thursday, May 9, 2024, followed by a conference call at 4:30 p.m. (Eastern Time) that same day to discuss the company’s results. The conference call can be accessed live over the phone by dialing 1-800-225-9448, or for international callers, 1-203-518-9708. An audio replay will be available for two weeks following the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the replay is 11155671. A simultaneous webcast of the conference call will also be available on the Investor Relations section of the Company’s...

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Emerita Provides Update on Ongoing Metallurgical Test Program Including 52.4% Zn Concentrate Grade at 84% Zn Recovery

TORONTO, April 22, 2024 (GLOBE NEWSWIRE) — Emerita Resources Corp. (TSX – V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) is pleased to provide an update on the ongoing metallurgical testing program and provide test results (see details below). The goal of the program is to demonstrate that commercial grade concentrates can be produced from the Iberian Belt West project (“IBW” or “the Project”) and at recoveries which are potentially economic and provide required data for planned mill plant design. The preliminary results indicate that commercial grade concentrates can be produced from IBW using traditional methods at recoveries similar to other operations in the Iberian Pyrite Belt. David Gower, P.Geo., CEO of Emerita notes, “We are very pleased that the carefully executed metallurgical test program has demonstrated...

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Oculis Announces Closing of Registered Direct Offering and Commencement of Trading on Nasdaq Iceland Main Market

Raised gross proceeds of $59 million through the issuance and sale of 5,000,000 of its ordinary shares to Icelandic institutional and existing investors Becomes second company dual-listed on NASDAQ U.S. and NASDAQ Iceland Main Market, trading under the symbol “OCS” beginning April 23, 2024 Oculis will ring the Nasdaq Iceland opening bell on April 23, 2024, at 9:30 GMT Phase 2b RELIEF trial of OCS-02 (Licaminlimab) in Dry Eye Disease (DED) remains on track to readout in Q2 2024ZUG, Switzerland, April 22, 2024 (GLOBE NEWSWIRE) — Oculis Holding AG (Nasdaq Global Market: OCS) (“Oculis” or the “Company”) today announced that it closed its registered direct offering, successfully raising gross proceeds of $59 million through the issuance and sale of 5,000,000 of its ordinary shares, nominal value CHF 0.01 per share (the “Shares”)...

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NetBrands Corp Signs Letter of Intent to Acquire Zero Gravity

Following last year’s announcement of its plan for M&A, we have identified a target to acquire and facilitate acquisition, NetBrands is under an LOI for a proposed business acquisition of Zero Gravity ISLAND PARK, N.Y., April 22, 2024 (GLOBE NEWSWIRE) — NetBrands Corp., a Delaware corporation (the “Company”; OTC: NBND) announces that the company has issued a letter of intent and plan to acquire OMM Imports, LLC, Elevare Skincare LLC, and Market Innovations, LLC (“Zero Gravity”). Zero Gravity is a leading player in the skin care home use devices operating successfully since 2016. Their line of products is consistent of patented FDA-approved class II medical devices (“FDA Approved Products”), as well as other devices that aim to treat pain and hair loss. The technology used in the FDA Approved Products is based on LED and infrared...

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