Day: May 20, 2024

Telix Completes Proof-of-Concept Study of TLX592 Targeted Alpha Therapy in Prostate Cancer

Written by Customer Service on May 20, 2024. Posted in Public Companies.

CUPID is a Phase I safety and dosimetry study of TLX592, Telix’s investigational antibody-based targeted alpha therapy for prostate cancer. Establishes proof-of-concept for Telix’s proprietary RADmAb® engineered antibody platform, currently under pre-clinical evaluation for multiple cancer targets. Initial results demonstrate rapid elimination from blood circulation compared to standard antibodies and hepatic (liver) clearance – both highly desirable characteristics for use with alpha emitting agents. Successful completion of mass dose escalation study establishes a baseline dosing schedule for future studies of TLX592 using actinium-225. Data is supportive of advancement to a therapeutic Phase I/II study in H2 2024. MELBOURNE, Australia, May 21, 2024 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company)...

MINILUXE REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024

Written by Customer Service on May 20, 2024. Posted in Public Companies.

Reported figures all in U.S. Dollars Announces Continued, Consistent Revenue Growth with Increasing Fixed Cost Leverage Boston, MA, May 20, 2024 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended March 31, 2024 (“Q1 2024”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks; fiscal years referred to in this release consist of 52-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars. MiniLuxe continued its consistent, organic, year-over-year growth as Q1 2024 revenue increased 8% over Q1 2023 at $5.6M with gross profit of $2.3M, a 2% increase from Q1 2023. The Company views gross profit dollar growth as a key indicator of MiniLuxe’s...

S&P reviews Banco Inter’s outlook to Stable and reaffirms its “brAA+” rating

Written by Customer Service on May 20, 2024. Posted in Public Companies.

BELO HORIZONTE, Brazil, May 20, 2024 (GLOBE NEWSWIRE) — Inter&Co (NASDAQ: INTR), the financial super app serving over 32 million customers across the Americas, announced today that S&P Global Ratings (S&P) has upgraded Banco Inter outlook to “Stable” and reaffirmed its “brAA+” local rating. In the report S&P stated that: “The stable outlook reflects our view that Inter&Co will continue to improve its profitability, providing greater stability to the business.” The outlook review was based on several factors such as the noted favorable perceptions for future profitability growth, improved profitability, revenue diversification and an increased loan portfolio. “This positive outlook review reinforces the work we have been putting towards our 60/30/30 north star goal. We...

OTC Markets Group Introduces New Overnight Trading Product

Written by Customer Service on May 20, 2024. Posted in Public Companies.

New offering will be the first of its kind for the OTC markets NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated financial markets for 12,000 U.S. and global securities, today introduced OTC Overnight, a new offering that will make OTC equity securities available for trading Sunday through Thursday between 8 PM and 4 AM eastern time. Active securities across the OTC market tiers, including global brands like Roche, Adidas, Air Canada and Techtronic Industries, will be eligible for trading in an overnight session by broker-dealer subscribers in U.S. dollars. OTC Markets expects that OTC Overnight will be available in the second quarter of this year on the OTC Link NQB Alternative Trading System. This will allow investors to track and trade thousands of global equity securities...

Targa Resources Corp. to Participate in 21st Annual Energy Infrastructure CEO & Investor Conference

Written by Customer Service on May 20, 2024. Posted in Public Companies.

HOUSTON, May 20, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that representatives from the Company will participate in investor meetings at the 21st Annual Energy Infrastructure CEO & Investor Conference in Aventura, FL on Wednesday, May 22, 2024. A copy of the slides used for the conference meetings will be available in the Investors section of the Company’s website at www.targaresources.com, or by going to https://www.targaresources.com/investors/events. About Targa Resources Corp. Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America. The Company owns, operates, acquires and develops a diversified portfolio of complementary domestic...

Workhorse Group Reports First Quarter 2024 Results

Written by Customer Service on May 20, 2024. Posted in Public Companies.

CINCINNATI, May 20, 2024 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the first quarter ended March 31, 2024. Management Commentary “During the first quarter, we took important strategic and financial actions to better position Workhorse for the future while continuing to hit major milestones,” said Workhorse CEO Rick Dauch. “Our successful W56 demonstrations with dealers and fleet operators continue to affirm the strong market potential of our commercial EV trucks. This April, we celebrated a major milestone with a substantial order for our W4 CC trucks and expanded our dealer network to include new locations in New York and a set of dealership...

High Wire Reports Q1 2024 Revenue of $7.7 Million, up 57% Sequentially, Driving Adjusted EBITDA of $674,000

Written by Customer Service on May 20, 2024. Posted in Public Companies.

BATAVIA, Ill., May 20, 2024 (GLOBE NEWSWIRE) — High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, reported results for continuing operations for the three months ended March 31, 2024. All comparisons are to the same year-ago period unless otherwise noted. Q1 2024 Financial Highlights Revenue totaled $7.7 million, up 57% sequentially but 25% lower than the year-ago quarter reflecting the company’s strategic transition last year to focus on a greater mix of higher margin recurring revenue, particularly Overwatch managed cybersecurity. Sequential growth also reflects recovery from transitory industry downturn in technology enablement business in Q4 2023. Net loss from continuing operations in the first quarter of 2024 totaled $414,000 or $(0.00) per diluted share. Adjusted...

SAB Biotherapeutics Announces Q1 2024 Financial Results and Provides Company Updates

Written by Customer Service on May 20, 2024. Posted in Earnings Releases And Operating Results.

MIAMI, May 20, 2024 (GLOBE NEWSWIRE) — SAB Biotherapeutics, Inc. (Nasdaq: SABS), (“SAB” or the “Company”), a clinical-stage biopharmaceutical company with a novel immunotherapy platform that is developing human anti-thymocyte immunoglobulin (hIgG) for delaying the onset or progression of type 1 diabetes (T1D), today reported financial results for the first quarter ended March 31, 2024, and provided a company update. “As we work towards upcoming SAB-142 milestones, I remain enthusiastic about our ongoing progress executing a focused corporate strategy centered on immunotherapy, T1D,” notes SAB chairman and CEO Samuel J. Reich, “Additionally, our recent appointment of Dr. Skyler to our Board of Directors fulfills our key objective of attracting a leading clinician scientist with a proven track record alongside experience and innovation...

Xcel Brands, Inc. Announces First Quarter 2024 Results

Written by Customer Service on May 20, 2024. Posted in Earnings Releases And Operating Results.

Net Licensing Revenues flat year-over-year at $2.2 million for the quarter. Direct Operating Costs and Expenses of $4.0 million for the quarter, a reduction of $3.0 million or 43% from the prior year quarter. GAAP net loss of $6.3 million for the quarter, compared with GAAP net loss of $6.0 million in the prior year quarter. Adjusted EBITDA of ($1.6) million for the quarter, compared with Adjusted EBITDA of ($3.0) million for the prior year quarter, an improvement of $1.4 million. NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping and social commerce, today announced its financial results for the first quarter ended March 31, 2024. Robert W. D’Loren, Chairman and Chief Executive Officer...

Hesai Group Reports First Quarter 2024 Unaudited Financial Results

Written by Customer Service on May 20, 2024. Posted in Earnings Releases And Operating Results.

Quarterly net revenues were RMB359.1 million (US$49.7 million)1Quarterly lidar shipments were 59,101 units SHANGHAI, China, May 20, 2024 (GLOBE NEWSWIRE) — Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended March 31, 2024. Operational Highlights Three monthsended March 31, 2024 ADAS lidar shipments 52,462 Autonomous Mobility lidar shipments 6,639 Total lidar shipments 59,101 Q1 2024 ADAS lidar shipments were 52,462 units, representing an increase of 86.1% from 28,195 units in the corresponding period of 2023. Q1 2024 Total lidar shipments were 59,101 units, representing an increase of 69.7% from 34,834 units in the corresponding period of 2023. Management...

Day: May 20, 2024

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