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Month: April 2024

Anoto publishes its annual report for 2023 and corrects for changes in the results as reported in the year-end report

Stockholm, 30 April 2024 – Anoto Group AB (publ) (“Anoto”) today publishes its annual report for 2023 and corrects for changes in the results as reported in the year-end report published on 29 February 2024. The annual report is available on the Company’s website, www.anoto.com. Compared to previously communicated results in the year-end report for 2023, Anoto reports a change in the results in the annual report. The corrections on the consolidated results stemmed from updates made to the Group’s impairment testing and financial forecasts, and relate to write-downs of goodwill, capitalized costs, and investment in Knowledge AI Inc., a former subsidiary and currently associated company of Anoto. The Group has written down 59.3 MSEK of goodwill in Livescribe Inc., and fully impaired its remaining goodwill in Anoto Korea – 37.6 MSEK....

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Emergent BioSolutions Announces Amendment to its Existing Credit Facility

GAITHERSBURG, Md., April 30, 2024 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) announced that it has entered into a “Consent, Waiver and Seventh Amendment” to its existing credit facility. “In light of this amendment, Emergent now has an extended runway to execute on our go-forward business plan to stabilize our financial position,” stated Joe Papa, president and CEO of Emergent. “Our bank group continues to work with our management team in a constructive fashion, evidenced by this positive development.” On May 1, 2024, Emergent will report its first quarter 2024 financial results via conference call, as well highlight key business updates, Q1 2024 financial review, and FY 2024 and Q2 2024 guidance. About Emergent BioSolutions At Emergent, our mission is to protect and enhance life. For 25 years, we’ve been at work...

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Applied Digital Appoints Ella Benson to Board of Directors

Benson Brings Over a Decade of Experience in Financial Services Joins the Board as Part of a Cooperation and Standstill Agreement with Oasis Management Company DALLAS, April 30, 2024 (GLOBE NEWSWIRE) — Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (HPC) applications, has appointed Ella Benson as an independent director on its Board of Directors (the “Board”), effective May 6, 2024. Ella has also been appointed to serve as Chairperson of the Nominating and Governance Committee. Ella Benson brings over a decade of experience in financial services and is a Director at Oasis Management Co., Ltd. (“Oasis”). She has substantial experience working with public companies...

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Ponce Financial Group, Inc. Reports First Quarter 2024 Results

NEW YORK, April 30, 2024 (GLOBE NEWSWIRE) — Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), today announced results for the first quarter of 2024. First Quarter 2024 Highlights (Compared to Prior Periods):Net income of $2.4 million, or $0.11 per diluted share for the three months ended March 31, 2024, as compared to net income of $0.5 million, or $0.02 per diluted share for the three months ended December 31, 2023 and net income of $0.3 million, or $0.01 per diluted share for the three months ended March 31, 2023. Included in the $2.4 million of net income for the first quarter of 2024 results is $39.7 million in interest and dividend income, $1.7 million in non-interest income and $0.2 million in benefit for credit losses, offset by $20.8 million in interest expense...

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United States Lime & Minerals Reports First Quarter 2024 Results and Declares Regular Quarterly Cash Dividend

DALLAS, April 30, 2024 (GLOBE NEWSWIRE) — United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported first quarter 2024 results: The Company’s revenues in the first quarter 2024 were $71.7 million, compared to $66.8 million in the first quarter 2023, an increase of $4.9 million, or 7.4%. Lime and limestone revenues were $71.5 million in the first quarter 2024, compared to $66.5 million in the first quarter 2023, an increase of $4.9 million, or 7.4%. The increase in revenues in the first quarter 2024, compared to the first quarter 2023, resulted from increases in average selling prices for the Company’s lime and limestone products, partially offset by decreased sales volumes. The decrease in sales volumes in the first quarter 2024, compared to the first quarter 2023, was principally due to decreased demand from the Company’s...

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Nayax Completes Acquisition of VMtecnologia

Acquisition immediately accelerates Nayax’s expansion into the Latin American market with an established partner and one of Brazil’s market leaders in automated self-service HERZLIYA, Israel, April 30, 2024 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a leading global commerce enablement, payments, and loyalty platform designed to help merchants scale their business, today announced it has completed its acquisition of VMtecnologia, a leading technology provider for the automated self-service industry in Brazil. This strategic acquisition, first announced in March, marks a significant step in Nayax’s expansion into the Latin American market. By entering the Latin American market with a strong and immediate market presence, Nayax is poised to leverage VMtecnologia’s established position, serving over 2,400...

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Powell Industries Announces Fiscal 2024 Second Quarter Results

HOUSTON, April 30, 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 results for the Fiscal 2024 second quarter ended March 31, 2024. All comparisons are to the second quarter of Fiscal 2023, unless otherwise noted. Second Quarter Key Highlights:Revenues totaled $255 million, an increase of 49%; Gross profit of $63 million, or 24.6% of revenue, a 510 basis point improvement; Net income of $33 million, or $2.75 per diluted share; New orders(1) totaled $235 million; Backlog(2) as of March 31, 2024, remained at $1.3 billion; Cash and short-term investments as of March 31, 2024, totaled $365 million.Brett A. Cope, Powell’s Chairman and Chief Executive Officer, stated, “Powell delivered...

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Webuy Announces Pricing of up to 10,000,000 of its Class A Ordinary Shares

Singapore, May 01, 2024 (GLOBE NEWSWIRE) — Webuy Global Ltd (NASDAQ: WBUY) (“Webuy” or the “Company”), a Southeast Asian community e-commerce retailer, today announced the pricing of its self-underwritten offering of up to 10,000,000 of its Class A Ordinary shares, which are being offered by the Company directly to select investors at $0.29 per share. A registration statement on Form F-1 (File No. 333-278744), was filed with the Securities and Exchange Commission (“SEC”) and was declared effective on April 29, 2024.  A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. The offering was made only by means of a prospectus, which is available on the SEC website at: http://www.sec.gov. This press release shall...

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Savaria Announces Date for First Quarter 2024 Financial Results

LAVAL, Quebec, April 30, 2024 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS) one of the global leaders in the accessibility industry, announces it will release its financial results for the first quarter of 2024 after market close on May 8, 2024. Savaria’s management will hold an investor conference call and webcast at 8:30 a.m. Eastern Time (ET) on Thursday, May 9, 2024. Investors and members of the media are invited to participate on a listen-only basis. Conference call access: https://register.vevent.com/register/BIf63d4613c9e94fa09d6a60d415b8a312 To access the conference call, you must register online and choose the method to join the call, either by dialing the number provided to you or by entering your phone number to receive a call from the system. Webcast URL (EN): https://edge.media-server.com/mmc/p/m4fhx6dm About...

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Compass Diversified Announces Sale of Crosman Air Gun Business

WESTPORT, Conn., April 30, 2024 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, is announcing the simultaneous entry into a definitive agreement (the “Agreement”) and completion of its sale of Crosman Corporation (“Crosman”), the air gun division of its Velocity Outdoor, Inc. subsidiary, to Daisy Manufacturing Company (“Daisy”). Crosman is a leading designer, manufacturer and marketer of air guns, accessories and related consumables sold under the Crosman, Benjamin, Game Face, LaserMax and Centerpoint Optics brands. For more than 100 years, Crosman has served as a pioneer of the air gun industry. Daisy is a designer, manufacturer and marketer of youth and adult air guns, accessories and related consumables sold under the Daisy, BSA, Red Ryder, GAMO and...

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