Month: May 2024

iLearningEngines Reports First Quarter 2024 Results

Written by Customer Service on May 16, 2024. Posted in Earnings Releases And Operating Results.

First quarter revenue grew 33% year-over-year to $125 million Net loss driven entirely by one-time items; Company delivers increased non-GAAP profitability year-over-year excluding one-time items BETHESDA, Md., May 16, 2024 (GLOBE NEWSWIRE) — iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines”, “ILE”, or “the Company”), a leader in AI-powered learning automation and information intelligence for corporate and educational use, today announced financial results for the first quarter ended March 31, 2024. “The first quarter was a strong start to 2024,” said Harish Chidambaran, Chief Executive Officer of iLearningEngines. “We achieved 33% revenue growth year-over-year and grew annual recurring revenue1 by 34% year-over-year to $479 million. With our business combination with Arrowroot Acquisition Corp. and related financing now...

BioSyent Declares Second Quarter 2024 Dividend

Written by Customer Service on May 16, 2024. Posted in Public Companies.

MISSISSAUGA, Ontario, May 16, 2024 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, “the Company”, TSX Venture: RX) is pleased to announce that its Board of Directors has declared a quarterly dividend of $0.045 per common share, payable in Canadian Dollars on June 15, 2024, to shareholders of record at the close of business on May 31, 2024. This second quarter 2024 dividend compares with the first quarter 2024 dividend of $0.045 per common share. This dividend qualifies as an ‘eligible dividend’ for Canadian income tax purposes. The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. About BioSyent Inc. Listed on the TSX Venture Exchange under the trading symbol “RX”, BioSyent is a profitable growth-oriented specialty pharmaceutical company focused on in-licensing...

Intchains Group Limited Reports First Quarter 2024 Unaudited Financial Results

Written by Customer Service on May 16, 2024. Posted in Public Companies.

SHANGHAI, China, May 17, 2024 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG) (“we,” or the “Company”), a provider of integrated solutions consisting of high-performance computing ASIC chip-based solutions products and a corporate holder of cryptocurrencies based on Ethereum, or ETH, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Operating and Financial HighlightsSales volume of ASIC chips remained steady at 494,235 units for the first quarter of 2024, compared to 497,854 units for the same period of 2023. ASIC chip sales for the first quarter of 2024 consisted of 410,162 units sold directly to customers and 84,073 units embedded in computing equipment for blockchain applications that we began offering to customers in the fourth quarter of 2023. Revenue...

Precision Drilling Corporation Announces Voting Results from the 2024 Annual and Special Meeting of Shareholders

Written by Customer Service on May 16, 2024. Posted in Public Companies.

CALGARY, Alberta, May 16, 2024 (GLOBE NEWSWIRE) — Precision Drilling Corporation (Precision or the Company) is pleased to announce the results of the election of board members at its 2024 Annual and Special Meeting of Shareholders held on May 16, 2024 (the Annual Meeting). Shareholders approved the election of all eight (seven of whom are independent) of the nominee directors presented in the Company’s Management Information Circular (the Circular), dated April 3, 2024. The shares represented at the Annual Meeting voting in favour of individual nominee directors are as follows:Nominee# Votes For% Votes For# Votes Withheld% Votes WithheldWilliam T. Donovan 7,926,016 98.58 114,578 1.42Steven W. Krablin 7,360,243 91.54 680,351 8.46Lori A. Lancaster 7,924,950 98.56 115,644 1.44Susan M. MacKenzie 7,901,897 98.28 138,697 1.72Kevin...

MarketWise – Quarterly Report and Shareholder Letter

Written by Customer Service on May 16, 2024. Posted in Public Companies.

BALTIMORE, May 16, 2024 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its quarterly report on Form 10-Q for the quarter ended March 31, 2024, and the CEO Letter to Shareholders was filed with the SEC on May 15, 2024 and is available on EDGAR. The quarterly report on Form 10-Q and the CEO Letter to Shareholders will be available on the Company’s website: https://investors.marketwise.com/sec-filings and MarketWise 1Q 2024 CEO Letter to Shareholders, respectively. About MarketWiseFounded with a mission to level the playing field for self-directed investors, today MarketWise is a leading multi-brand subscription...

North American Construction Group Ltd. Announces Voting Results of Annual Meeting of Shareholders

Written by Customer Service on May 16, 2024. Posted in Public Companies.

ACHESON, Alberta, May 16, 2024 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced the results of its Annual Meeting of Shareholders held on May 15, 2024. Shareholders elected directors, approved the appointment of KPMG LLP as the independent auditors of the Company and approved a non-binding advisory vote regarding the Company’s approach to executive compensation. The following are the results of the votes held at the meeting: Outcome VotesFor Withheldor AgainstElection of Martin R. Ferron as director Passed 99.27% 0.73%Election of Vanessa A. Guthrie as director Passed 98.84% 1.16%Election of Joseph C. Lambert as director Passed 98.91% 1.09%Election of Bryan D. Pinney as director Passed 99.21% 0.79%Election of John...

Pima Federal Credit Union and RBAZ Bancorp, Inc. Announce Acquisition Agreement for Republic Bank of Arizona

Written by Customer Service on May 16, 2024. Posted in Mergers And Acquisitions.

TUCSON, Ariz. and PHOENIX, May 16, 2024 (GLOBE NEWSWIRE) — Pima Federal Credit Union (“Pima”) and RBAZ Bancorp, Inc. (OTCPK: RBAZ) (“RBAZ”), the holding company of Republic Bank of Arizona, an Arizona state bank (“Republic Bank”), announced today that they have entered into a definitive agreement whereby Pima will purchase substantially all of the assets and assume substantially all of the liabilities of Republic Bank in an all-cash transaction. Based on RBAZ’s outstanding shares on a fully-diluted basis, other assumptions, and after taking into consideration the anticipated satisfaction of certain obligations of RBAZ and Republic Bank, including tax liabilities and holding company indebtedness, RBAZ currently estimates that its shareholders will receive approximately $22.00 per fully diluted share upon final liquidation, subject...

Clear Blue Technologies International to Report 2023 Annual Financial Results and Host Conference Call on Wednesday, May 29, 2024

Written by Customer Service on May 16, 2024. Posted in Earnings Releases And Operating Results.

Company provides update on Issuance of Management Cease Trade Order by the BCSC TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), the Smart Off-Grid™ Company, today announced that it will report financial results for 2023 on Wednesday May 29, 2024, before the market opens. Clear Blue will host a conference call that same day, at 11:00 a.m. Eastern Time, to review the Company’s performance and answer questions. Those interested can register here: When: May 29, 2024 11:00 AM Eastern Time (US and Canada)Topic: Clear Blue 2023 Annual Financial Earnings CallRegister in advance for this webinar:https://us06web.zoom.us/webinar/register/WN_C6jzL0R5QFOUOiOC41g3Kw Clear Blue has completed its audit for the fiscal year of 2023 and the auditor is finalizing its reviews...

AMG Announces Partnership with Suma Capital

Written by Customer Service on May 16, 2024. Posted in Public Companies.

WEST PALM BEACH, Fla., May 16, 2024 (GLOBE NEWSWIRE) — AMG, a leading partner to independent investment management firms globally, today announced that it acquired a minority equity interest in Suma Capital (“Suma”). Suma is a pan-European private markets firm that invests in the transition to a lower carbon economy, a sector with increasing client allocations and deployment opportunities across Europe. Led by co-founders Enrique Tombas, David Arroyo, and Pablo Muller, Suma has approximately $800 million in assets under management primarily across infrastructure and growth strategies. The partnership marks AMG’s ninth private markets Affiliate, further evolving AMG’s business toward secular growth areas. The terms of the transaction were not disclosed. Suma’s partners will continue to hold a significant majority of the equity of...

Constellation Brands to Present at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024

Written by Customer Service on May 16, 2024. Posted in Public Companies.

VICTOR, N.Y., May 16, 2024 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that Bill Newlands, President and Chief Executive Officer, and Garth Hankinson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the Bernstein 40th Annual Strategic Decisions Conference on Wednesday, May 29, 2024 in New York, NY. The presentation is scheduled to begin at 2:30 p.m. EDT and is expected to cover the company’s strategic business initiatives, financial metrics, and operating performance, as well as outlook for the future. A live, listen-only webcast of the presentation will be available on the company’s investor relations website at ir.cbrands.com under the News & Events section. When the presentation begins, financial information discussed...

Month: May 2024

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