LexinFintech Holdings Ltd. Reports First Quarter 2024 Unaudited Financial Results

Written by Customer Service on May 23, 2024. Posted in Earnings Releases And Operating Results.

SHENZHEN, China, May 23, 2024 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2024. “In the first quarter of 2024, Lexin reported total loan origination of RMB58.0 billion, a decrease of 4.8% year-over-year, reflecting a strategy of controlled growth. The outstanding loan balance grew by 13.5% to RMB122 billion on a year-over-year basis”. Jay Wenjie Xiao, Chairman and CEO of Lexin, stated, “During this period, we maintained a conservative outlook on the macroeconomic environment and adhered firmly to prudent business principles. Our goal remains to strike a healthy balance between growth in loan origination and maintaining asset quality.” “Amid...

Jamieson Wellness Inc. Announces Voting Results from 2024 Annual Meeting of Shareholders

Written by Customer Service on May 23, 2024. Posted in Public Companies.

TORONTO, May 23, 2024 (GLOBE NEWSWIRE) — Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company”) (TSX: JWEL) announced today that each of the nominee directors listed in the management information circular of the Company dated March 11, 2024 was elected as a director of the Company (a “Director”) at the annual meeting (the “Meeting”) of the holders of common shares of the Company (the “Common Shares”) held today. The number of Common Shares voted in person or by proxy for the election of each Director or withheld was as indicated below: Name of Nominee Votes For % Votes Withheld % Heather Allen 31,936,139 99.81% 60,522 0.19% Dr. Louis Aronne 31,402,494 98.14% 594,167 1.86% Tania Clarke 31,990,916 99.98% 5,745 0.02% Michael Pilato 31,965,636 99.90% 31,025 0.10% Timothy Penner 31,947,396 99.85% 49,265 0.15% Catherine...

Huize Holding Limited Reports First Quarter 2024 Unaudited Financial Results

Written by Customer Service on May 23, 2024. Posted in Earnings Releases And Operating Results.

SHENZHEN, China, May 23, 2024 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights Driving new business growth: First Year Premiums (“FYP”) more than doubled sequentially and increased by 29.7% year-over-year to RMB857.2 million, reflecting the progress Huize made in acquiring high-value customers, driving long-term insurance product innovation, and expanding its international presence. Strengthening operating leverage: Operating expenses decreased by 24.9% year-over-year to...

Western Pacific Trust Company Announces Q1-2024 Results

Written by Customer Service on May 23, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 23, 2024 (GLOBE NEWSWIRE) — WESTERN PACIFIC TRUST COMPANY (TSXV: WP) announces its financial results for the first quarter ending March 31, 2024. The Company reported significant growth across key performance metrics, underscoring its strong market position and operational effectiveness. Key Financial Highlights for Q1-2024: Revenue: $646,407, representing a 9.36% increase compared to Q1-2023 Net Income: $206,565 up by 11.92% from Q1-2023 Earnings Per Share: $0.0072 reflecting a 12.50% growth year over year Operating Cash Flow: $119,590, marking a 56.76% increase “We are thrilled to report another strong quarter of growth,” said Alison Alfer, President & CEO of Western Pacific Trust Company. “Our team’s dedication to competitive, responsive, knowledgeable service continues...

Premier Health Reports 2024 Second Quarter Results

Written by Customer Service on May 23, 2024. Posted in Earnings Releases And Operating Results.

MONTRÉAL, May 23, 2024 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its Unaudited Quarterly Consolidated Financial Statements and MD&A for its second quarter ended on March 31st, 2024. Highlights (in thousands of Canadian dollars) Mar. 31, 2024(3 months) Mar. 31, 2023(3 months) Mar. 31, 2024(6 months) Mar. 31, 2023(6 months) Revenues 46,277 21,795 83,250 43,371 Gross margin (1) 8,532 5,781 16,189 10,845 Gross margin as a % of revenues 18.4 % 26.5 % 19.4 % 25.0 % Adjusted EBITDA (1) 2,576 1,936 5,198 3,439 Net Income (Loss) (1,531 ) 60 (1,762 ) (316 ) (1) See the Corporation’s MD&A for details on these non-Gaap measures. Summary First full quarter of contribution from Solutions...

Gildan Board of Directors Resigns

Written by Customer Service on May 23, 2024. Posted in Public Companies.

Vince Tyra has Stepped Down as President and CEO Sale Process has Ceased MONTREAL, May 23, 2024 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or “the Company”) today announced that the full Board of Directors has resigned, and Vince Tyra has stepped down as President and Chief Executive Officer, effective at the end of the day. The outgoing Board has appointed Browning West nominees to the Board of Directors, effective at that time. The outgoing Board has ceased discussions regarding the previously announced sale process. Shareholders have made their views clear as we approach the May 28, 2024 Annual Meeting. The outgoing directors believe that it was in the best interests of all Gildan stakeholders for them to resign and not stand for election at the upcoming Annual Meeting, allowing the new Board to...

Acceleware Ltd. Reports First Quarter 2024 Financial and Operating Results

Written by Customer Service on May 23, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 23, 2024 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, today announced its financial and operating results for the three months ended March 31, 2024 (all figures are in Canadian dollars unless otherwise noted). Acceleware’s results reflect contributions from the Company’s two business units, radio frequency (“RF”) heating for industrial applications using the Company’s proprietary Clean Tech Inverter (“CTI”) including enhanced oil recovery (“RF XL”), and high-performance computing (“HPC”) scientific software. This news release should be read in conjunction with the Company’s unaudited interim condensed financial statements and the accompanying notes for the three...

CORRECTION – The Herzfeld Caribbean Basin Fund, Inc. Announces Distribution in Stock and Cash

Written by Customer Service on May 23, 2024. Posted in Dividend Reports And Estimates.

MIAMI BEACH, Fla., May 23, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”), please note that in the table under the “Distribution in Stock and Cash” section, the “Ex-Date” should be 06/03/2024 instead of 05/31/2024. The corrected release follows: The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund will pay a distribution pursuant to the Fund’s managed distribution policy (the “Policy”) using a combination of shares of common stock and cash. Distribution in Stock and Cash: The Fund has announced a distribution to be paid as follows: Declaration Date Ex-Date Record Date Payment Date Per Share 05/23/2024 06/03/2024 06/03/2024 07/15/2024 $ 0.135375 The...

Canadian Premium Sand Inc. Announces Second Quarter 2024 Results

Written by Customer Service on May 23, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 23, 2024 (GLOBE NEWSWIRE) — Canadian Premium Sand Inc. (“CPS” or the “Company”) (TSXV: CPS) is pleased to announce its second quarter 2024 financial results. The Company’s interim financial statements and notes thereto and Management’s Discussion and Analysis for the three and six months ended March 31, 2024, are available under CPS’s SEDAR+ profile. Highlights The Company devoted its time and resources during the three-month period ended March 31, 2024, to advancing its integrated patterned solar glass manufacturing facility in Selkirk, Manitoba (the “Project”). Specifically, the Company: Continued discussions with certain debt and equity capital investors that have expressed interest in financing the Project; Announced on February 15, 2024 an acknowledgement of the support it received from the Province...

IN8bio Announces INB-200 Phase 1 Study Data in Newly Diagnosed Glioblastoma to be Presented at the 2024 ASCO Annual Meeting

Written by Customer Service on May 23, 2024. Posted in Public Companies.

NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) — IN8bio, Inc. (Nasdaq: INAB) a clinical-stage biopharmaceutical company developing innovative gamma-delta T cell therapies, today announced an upcoming presentation of updated results from its fully enrolled Phase 1 study of INB-200 at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting, to be held May 31st – June 4th in Chicago, Illinois. INB-200 is evaluating autologous Drug Resistant Immunotherapy (DeltEx DRI) or chemotherapy resistant gamma-delta T cells as a potential first-line treatment for patients with newly diagnosed glioblastoma multiforme (GBM). “The current standard-of-care for newly diagnosed GBM has not advanced progression-free survival (PFS) beyond 4-7 months or overall survival beyond 14-16 months for over two decades,” said William Ho, CEO and co-founder,...

Day: May 23, 2024

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