Day: May 16, 2024

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — Unisync Corp. (“Unisync”) (TSX:”UNI”) (OTC:“USYNF”) announces its unaudited financial results for the second quarter ended March 31, 2024 (“Q2 2024”). Unisync operates through two business units: Unisync Group Limited (“UGL”) with operations throughout Canada and the USA and 90% owned Peerless Garments LP (“Peerless”), a domestic manufacturing operation based in Winnipeg, Manitoba. UGL is a leading customer-focused provider of corporate apparel, serving many leading Canadian and American iconic brands. Peerless specializes in the production and distribution of highly technical protective garments, including military operational clothing and accessories for a broad spectrum of Federal, Provincial and Municipal government departments and agencies. Results for Q2 2024 versus...

LIMASSOL, Cyprus, May 16, 2024 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months ended March 31, 2024. Earnings Highlights of the First Quarter Ended March 31, 2024:Total vessel revenues from continuing operations: $20.4 million for the three months ended March 31, 2024, as compared to $24.5 million for the three months ended March 31, 2023, or a 16.7% decrease; Net income from continuing operations of $22.3 million for the three months ended March 31, 2024, as compared to net loss from continuing operations of $(6.5) million for the three months ended March 31, 2023, or a 443.1% increase; Net income of $22.3 million for the three months ended March 31, 2024, as compared to net income of $10.8 million for...

ProSomnus Records 28% Year-Over-Year Revenue Growth Accompanied by Continued Strong Customer Satisfaction PLEASANTON, Calif., May 16, 2024 (GLOBE NEWSWIRE) — ProSomnus, Inc. (the “Company”), the leading non-CPAP Obstructive Sleep Apnea (OSA) therapy, today announced results for the first quarter ended March 31, 2024.Revenue for the first quarter of 2024 totaled $7.5 million, an increase of $1.7 million or 28% compared to $5.8 million for the first quarter of 2023 representing one of the highest growth rates in sleep medicine. Industry leading six-day turnaround with on-time customer deliveries continuing above 99%. RPMO2 Next Generation Remote Patient Monitoring device scheduled for expected final clinical testing before FDA submission during June 2024.“These exceptional results demonstrate ProSomnus’s value proposition,...

OR YEHUDA, Israel, May 16, 2024 (GLOBE NEWSWIRE) — Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the first quarter ended March 31, 2024. Summary Results for the First Quarter 2024 (USD in millions, except per share data)             GAAP     Non-GAAP    Q1 2024 Q1 2023 % Change   Q1 2024 Q1 2023 % ChangeRevenues $ 130.7 $ 142.4 (8.2%)   $ 130.7 $ 142.4 (8.2%)Gross profit $ 36.7 $ 38.9 (5.6%)   $ 38.3 $ 40.1 (4.5%)Gross margin   28.1%   27.3% 80 bps     29.3%   28.2% 110 bpsOperating income $ 14.4 $ 15.3 (6.0%)   $ 18.1 $ 18.5 (1.7%)Operating margin   11.0%   10.8% 20 bps     13.9%   13.0% 90 bpsNet income (*) $ 8.8 $ 10.1 (13.0%)   $ 11.3 $ 12.6 (10.4%)Diluted...

Continued capital allocation discipline, interest rate risk fully hedged, sustainable quarterly dividend of $0.375 per common share, well-positioned for counter-cyclical opportunities, CEO transition successful & Chief Compliance Officer appointed ATHENS, May 16, 2024 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”, “Global Ship Lease” or “GSL”), an owner of containerships, announced today its unaudited results for the three months ended March 31, 2024. First Quarter of 2024 Highlights – Reported operating revenue of $179.6 million for the first quarter of 2024, an increase of 12.7% on operating revenue of $159.3 million for the prior year period. – Reported net income available to common shareholders of $89.5 million for the first quarter of 2024, an increase of 24.0% on net income of $72.2...