Month: April 2024

Vistar Media Acquires ADstruc, Adding Traditional OOH Planning and Buying Software to Complete Full Suite for Buyers

Written by Customer Service on April 29, 2024. Posted in Mergers And Acquisitions.

ADstruc will be available as a software tool to scale traditional OOH planning and buying seamlessly alongside digital and programmatic NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) — Vistar Media, the top global provider of technology solutions for out-of-home (OOH) media, today announced the acquisition of traditional OOH planning and buying software, ADstruc, from PJX Media. “We live in a world powered by software, and the OOH media industry is no different,” said Michael Provenzano, CEO & Co-Founder of Vistar Media. “Vistar has had an amazing journey across our programmatic marketplace and enterprise software businesses, but at the same time, our customers consistently remind us that digital OOH—and programmatic within it—is just a portion of the greater OOH landscape. “Our rebrand says it all: Vistar Media is ‘the home of...

Rhythm Pharmaceuticals Announces Publication of Results from Phase 2 Study of Setmelanotide for the Treatment of Hypothalamic Obesity in The Lancet Diabetes & Endocrinology

Written by Customer Service on April 29, 2024. Posted in Public Companies.

– Publication highlights administration of setmelanotide therapy resulted in a mean percent reduction in BMI of 15% at 16 weeks and 26% at one year of treatment – – Topline data from ongoing pivotal Phase 3 clinical trial in hypothalamic obesity on track for 2Q 2025 – BOSTON, April 29, 2024 (GLOBE NEWSWIRE) — Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a global commercial-stage biopharmaceutical company focused on transforming the lives of patients and their families living with rare neuroendocrine diseases, today announced the publication of previously disclosed results from its Phase 2 study of setmelanotide for the treatment of hypothalamic obesity. The data are published in the peer-reviewed journal The Lancet Diabetes & Endocrinology. “People with hypothalamic obesity experience rapid, severe...

Hammond Power Solutions Reports First Quarter 2024 Financial Results

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, April 29, 2024 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the first quarter 2024. HIGHLIGHTSRecord sales of $190 million in the quarter, a 11.4% increase versus 2023. Adjusted EBITDA of $30,972 in the quarter, or 16% of sales. Adjusted EBITDA is 6% higher than the first quarter of 2023. Gross margin of 31.7% for the quarter. Net Earnings of $7.9 million in the quarter. Earnings per share of $0.67 for the quarter, significantly impacted by share-based compensation.“We begin 2024 at a strong pace as we continued to grow our quarterly sales volumes. Higher bookings versus...

DIH Announces Fiscal 2024 Financial Results for the Nine Months Ended December 31, 2023

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

NORWELL, Mass., April 29, 2024 (GLOBE NEWSWIRE) — DIH Holding US, Inc. (“DIH”)(NASDAQ:DHAI), a leading global robotics and virtual reality (“VR”) technology provider in the rehabilitation and human performance industry, today announced financial results for the nine months ended December 31, 2023, which is the third quarter of the Company’s 2024 Fiscal Year, ending March 31, 2024. Recent HighlightsRevenue of $47.1 million for the nine months ended December 31, 2023, representing growth of 42.1% over the prior year period Device revenue of $36.9 million, an increase of 47.3% over the prior year period; Services revenue of $8.8 million, an increase of 17.3% over the prior year period; Other revenues of $1.4 million, an increase of 129.8% over the prior year period Gross Profit for the period was $23.2 million, a 27.4%...

Mene Inc. Reports Financial Results for Fiscal Year 2023

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023. All amounts expressed herein reflect Canadian dollars, unless otherwise noted. FOURTH QUARTER FINANCIAL HIGHLIGHTSIFRS Revenue of $6.9 million and Non-IFRS Adjusted Revenue of $7.9 million. Generated Gross Profit of $1.7 million. Operating Loss of $0.7 million. Generated Cash from operations of $3.0 million. Sold metal weight of 69 kg and 7,342 Units of Jewelry.2023 FISCAL YEAR FINANCIAL HIGHLIGHTSIFRS Annual Revenue of $23.3 million and Non-IFRS Adjusted Revenue of $27.7 million in Fiscal Year 2023, a decrease of $3.6 million and $4.6 million respectively, YoY. Annual Gross Profit of $5.8...

Douglas Dynamics Reports First Quarter 2024 Results

Written by Customer Service on April 29, 2024. Posted in Public Companies.

Produced Significantly Improved Results Compared to 1Q23;Solutions Segment Continues to Deliver Strong Top- and Bottom-Line Growth First Quarter 2024 Highlights*:Net Sales increased 16.0% to $95.7 million Net Loss improved by $4.7 million to $(8.4) million, or $(0.37) of Diluted EPS Expanded the 2024 Cost Savings Program to deliver $10+ million in sustainable annualized savings Paid $0.295 per share cash dividend on March 29, 2024 Updated 2024 full year outlook based on weather impact and initial pre-season data *All ‘Highlights’ comparisons are to first quarter 2023 financials MILWAUKEE, April 29, 2024 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the first quarter ended March...

Itafos Files and Announces Results of Updated Itafos Conda Technical Report, Increasing Mineral Reserves and Successful Mine Life Extension Through 2037

Written by Customer Service on April 29, 2024. Posted in Public Companies.

HOUSTON, April 29, 2024 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (“Itafos” or the “Company”) is pleased to announce today that it has filed an updated technical report for Itafos’ Conda project (the “Conda Technical Report”), a vertically-integrated phosphate fertilizer project in Idaho (the “Conda Project”). The Conda Technical Report demonstrates increased Mineral Reserves and the opportunity for continued operations at the Conda Project through 2037. The Conda Technical Report, titled “NI 43-101 Technical Report Itafos Conda Project Idaho, USA,” with an effective date of July 1, 2023, was prepared for Itafos by WSP USA Inc. (“WSP”) in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). The Conda Technical Report is available on SEDAR+ (www.sedarplus.ca) under the Company’s...

Western Investment Company Reports Strong Financial Results for 2023 and Provides Robust Outlook for 2024

Written by Customer Service on April 29, 2024. Posted in Public Companies.

Total Revenue and Net Income Improved by $0.6 million and $0.4 million Respectively from the Prior Year to Achieve Western’s Strongest Results in the Last Four Years CALGARY, Alberta, April 29, 2024 (GLOBE NEWSWIRE) — The Western Investment Company of Canada Limited (TSXV: WI) (“Western” or the “Corporation”) today reported its financial and operating results for the three and twelve months ended December 31, 2023. The audited financial statements, management’s discussion and analysis, and annual information form have been filed on SEDAR+. Unless otherwise indicated, financial figures are expressed in Canadian dollars and comparisons are to the prior period ended December 31, 2022. Total revenue for the year ended December 31, 2023 increased 48% or $0.6 million to $1.8 million despite one-time items in both 2022 and 2023 that created...

Investor group led by Riverside to acquire The Townsend Group from Aon

Written by Customer Service on April 29, 2024. Posted in Mergers And Acquisitions.

Global investment firm partners with leading group of investors to sponsor strategic partnership with Townsend management CLEVELAND, April 29, 2024 (GLOBE NEWSWIRE) — The Riverside Company announced that its affiliate has signed a definitive agreement to acquire The Townsend Group (“Townsend”) from Aon plc (NYSE: AON) a leading global professional services firm. Townsend is a leading provider of global real estate and real asset investment advisory services and offers complementary investment management, advisory and capital solutions via primary funds, secondaries, co-investments and direct investments. Townsend is a leading adviser to global public and private pension plans, insurers, sovereign wealth funds, endowments and foundations. The firm has a global footprint with more than 110 employees located in Cleveland, London,...

SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY RESULTS FOR THIRD QUARTER OF FISCAL 2024; DECLARES QUARTERLY DIVIDEND OF $0.21 PER COMMON SHARE; CONFERENCE CALL SCHEDULED FOR TUESDAY, APRIL 30, AT 9:30AM CENTRAL TIME

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

Poplar Bluff, Missouri, April 29, 2024 (GLOBE NEWSWIRE) — Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the third quarter of fiscal 2024 of $11.3 million, an increase of $8.9 million or 369%, as compared to the same period of the prior fiscal year. The increase was attributable primarily to the Citizens Bancshares, Co., Kansas City, Missouri (“Citizens”) merger related charges that reduced earnings in the prior year period. The merger related charges in the March 31, 2023, quarter included noninterest expense of $3.3 million and provision for credit losses (“PCL”) on the acquired loan portfolio and off-balance sheet credit exposures totaling $7.0 million. Inclusive of these non-recurring charges, the increase in net income...

Month: April 2024

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