Day: May 8, 2024

BICKFORD, Calif., May 08, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced its newest community, Ridgeline at Bickford, is now open at the intersection of Sierra College Blvd and Lower Ranch Road in Bickford, California, near Sacramento. Ridgeline at Bickford is an exclusive gated luxury community offering new homes in Placer County, with four unique home designs ranging from 3,100 to 4,900+ square feet featuring 4 to 6 bedrooms, 3.5 to 5.5 bathrooms, and 3-car garages. Dynamic structural options are available, including multigenerational suites, primary suite decks, floating staircases, home offices, additional bedrooms, flex spaces, multi-panel stacking door systems, outdoor fireplaces, and more. Toll Brothers homes in Ridgeline at Bickford are priced from $1.1 million. Home...

99.99% of Votes Cast by Shareholders Voted in Favour of Transaction with Battery Ventures OTTAWA, May 08, 2024 (GLOBE NEWSWIRE) — TrueContext Corporation (“TrueContext” or the “Company”) (TSXV:TCXT), a global leader in field intelligence, is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (the “Shareholders”) held today, the Shareholders voted to approve the previously announced plan of arrangement under the Business Corporations Act (Ontario) pursuant to which an entity controlled by Battery Ventures will acquire all of the issued and outstanding common shares of the Company (the “Shares”) at a price of $1.07 in cash per Share (the “Transaction”). The Transaction required approval by the affirmative vote of (i) at least two thirds of the votes cast by Shareholders voting together as a...

BEIJING, May 08, 2024 (GLOBE NEWSWIRE) — TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the “Company”), a China-based insurance broker conducting business through its variable interest entity in China, today announced that the Company held an extraordinary general meeting of shareholders on Monday, May 6, 2024, at which the shareholders approved the proposal for a 1-for-5 reverse share split of the Company’s ordinary shares (the “Share Consolidation”). No fractional shares will be issued in connection with the Share Consolidation, and all fractional shares (after aggregating all fractional shares that would otherwise be received by a shareholder) resulting from the Share Consolidation will be rounded up to the whole number of shares.  At the opening of trading on May 14, 2024, the Company’s class...

WALTHAM, Mass., May 08, 2024 (GLOBE NEWSWIRE) — Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Results Compared To First Quarter 2023Revenue was $20.5 million compared to $24.1 million. Gross margin was 49.3% compared to 48.1%. Non-GAAP gross margin was 51.3% compared to 49.3%. Operating expenses were $47.2 million, inclusive of a $17.3 million accrual related to the Continuous Composite judgment, compared to $33.1 million. Non-GAAP operating expenses were $24.1 million compared to $26.7 million. Net loss was $35.9 million compared to net loss of $19.0 million. Non-GAAP net loss was $12.2 million compared...

Quarterly revenue of $868 million, above the midpoint of guidance Quarterly GAAP net income of $15 million and net income per share of $0.22 Quarterly Adjusted EBITDA of $217 million and Non-GAAP net earnings per diluted share of $1.18, exceeding the high-end of guidanceANDOVER, Mass., May 08, 2024 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported first quarter 2024 financial results. “MKS delivered strong results in the first quarter despite a soft end-market demand environment,” said John T.C. Lee, President and Chief Executive Officer. “With markets expected to improve later this year, we are in an outstanding position with critical technologies and deep customer relationships to address the intensifying challenges in the design and...