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Month: May 2024

Nano Dimension Announces Q1/2024 Conference Call to Discuss Quarterly Results

Participants Are Welcome to Listen June 3rd at 9:00 am ET Waltham, Mass., May 13, 2024 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that it will release its financial results for the first quarter of 2024 before the Nasdaq market opens on Monday, June 3rd, 2024. Mr. Yoav Stern, Chief Executive Officer and Member of the Board of Directors, Mr. Tomer Pinchas, Chief Financial Officer & Chief Operating Officer, and Mr. Julien Lederman, VP of Corporate Development, of Nano Dimension will host a conference call on June 3rd, 2024, at 9:00 a.m. ET, to discuss the financial results. Participants can register for...

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Compass Therapeutics Reports 2024 First Quarter Financial Results and Provides Corporate Update

Received FDA Fast Track Designation for the investigation of CTX-009 in combination with paclitaxel for the treatment of patients with metastatic or locally advanced biliary tract tumors.Enrollment is progressing well in COMPANION-002, a Phase 2/3 randomized study of CTX-009 (DLL4 x VEGF-A bispecific antibody) in patients with advanced biliary tract cancer (BTC). Enrollment is expected to be completed by mid-year 2024 with top-line data expected in the first quarter of 2025. Completed enrollment of patients in COMPANION-003, a Phase 2 study of CTX-009 in patients with advanced colorectal cancer (CRC); top-line data from Stage 1 are expected by mid-year 2024. Enrollment in the Phase 1b combination study of CTX-471 (CD137 agonist antibody) and KEYTRUDA® in patients with non-small cell lung cancer (NSCLC), small cell lung cancer (SCLC)...

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XBP Europe Holdings, Inc. Reports First Quarter 2024 Results

First Quarter Highlights ●  Revenue of $40.4 million, down 5.7% year-over-year (7.3% on a constant currency basis)●  Gross margin grew to 24.6%, a 270 bps increase sequentially and 250 bps increase year-over-year●  Net loss of $2.2 million includes $0.8 million of FX losses       ●  High margin Technology segment grew to 28.4% of revenues, a 120 bps increase sequentially and 690 bps increase year-over-year●  Awarded a multi-year contract with His Majesty’s Passport Office (“HMPO”) for a nationwide project in the UK with a Total Contract Value (“TCV”) of approximately $40 million LONDON and SANTA MONICA, Calif., May 13, 2024 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP Europe” or the “Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation...

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Erdene Announces Q1 2024 Results and Provides Bayan Khundii Gold Project Update

HALIFAX, Nova Scotia, May 13, 2024 (GLOBE NEWSWIRE) — Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce operating and financial results for the three months ended March 31, 2024, and to provide an update on progress at its Bayan Khundii Gold Project (“BK” or “Project”), being developed with Mongolian Mining Corporation (“MMC”). This release should be read in conjunction with the Company’s Q1-2024 Condensed Consolidated Interim Financial Statements and MD&A, available on the Company’s website and SEDAR+. Peter Akerley, Erdene’s President and CEO stated, “During the first quarter, Erdene and MMC closed their Strategic Alliance and formally launched construction of the Bayan Khundii Gold Project, one of the highest grade, open pit gold mines under...

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Artelo Biosciences Reports First Quarter 2024 Financial Results and Provides Business Update

SOLANA BEACH, Calif., May 13, 2024 (GLOBE NEWSWIRE) —  Artelo Biosciences, Inc. (Nasdaq: ARTL), a clinical-stage pharmaceutical company focused on modulating lipid-signaling pathways to develop treatments for people living with cancer, pain, dermatologic and neurological conditions, today reported financial and operating results for the three months ended March 31, 2024 and provided a business update. “Our entire clinical and preclinical development portfolio is progressing as planned,” commented Gregory D. Gorgas, President and Chief Executive Officer of Artelo Biosciences. “Significantly, our Investigational New Drug (IND) application to the U.S. Food and Drug Administration for ART26.12, our lead Fatty Acid Binding Protein 5 (FABP5) inhibitor for the treatment of neuropathic pain, is in the final stages of preparation.” ART26.12...

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Exagen Inc. Reports Strong First Quarter 2024 Results: Raises Guidance for Full Year

CARLSBAD, Calif., May 13, 2024 (GLOBE NEWSWIRE) — Exagen Inc. (Nasdaq: XGN), a leading provider of autoimmune testing solutions, today reported financial results for the quarter ended March 31, 2024. First Quarter Highlights:Recognized total revenue of $14.4 million in the first quarter of 2024, a 28.4% increase over the first quarter of 2023. Delivered gross margin of 59.6% in the first quarter of 2024, compared to a gross margin of 47.2% in the first quarter of 2023.AVISE® CTD trailing twelve-month average selling price (ASP) of $377, a 35.1% increase over the trailing twelve-month ASP in the first quarter of 2023.Net loss of $3.4 million in the first quarter of 2024, a 56.3% improvement over the first quarter of 2023.Adjusted EBITDA of $(2.0) million for the first quarter of 2024, a 67.7% improvement over the first...

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Abliva to Host Virtual KOL Event on KL1333 in Primary Mitochondrial Disease on May 21, 2024

LUND, Sweden, May 13, 2024 (GLOBE NEWSWIRE) — Abliva AB (Nasdaq Stockholm: ABLI), a clinical-stage company developing drugs for the treatment of rare and severe primary mitochondrial disease, today announced that it will host a virtual KOL event on Tuesday, May 21, 2024 at 10:00 AM ET / 4:00 PM CET, featuring Amel Karaa, MD (Massachusetts General Hospital), who will discuss the unmet medical need and current treatment landscape for patients with primary mitochondrial disease. There are currently no approved medicines for the systemic disease. To register, click here. The event will focus on Abliva’s lead program, KL1333, which has shown clinically meaningful, early signals of efficacy in mitochondrial disease patients. This novel therapeutic approach modulates the underlying pathophysiology in mitochondrial disease. KL1333...

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Husky Technologies™ Leverages ARHT Hologram Technology to Showcase Sustainable Solutions at the Premier Plastics Tradeshow in Orlando

TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT” or “the Company”) (TSXV: ART), (OTCQB: ARHTF) the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is excited to announce that Husky TechnologiesTM (“Husky”), a renowned industry leader in sustainable packaging solutions and services, showcased their innovative “We Call You” capability as part of its proactive, predictive, and transparent monitoring solution, using ARHT CAPSULE at NPE 2024: The Plastics Show in Orlando from May 6-10. At the show, Husky’s Proactive Monitoring Specialist was represented by a lifelike AI Avatar developed by HOLOMEDIA AI, a global leader in quality content creation. This AI Avatar engaged attendees in an immersive and interactive...

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LM Funding America, Inc. Schedules First Quarter 2024 Financial Results and Business Update Conference Call

TAMPA, FL, May 13, 2024 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Thursday, May 16, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended March 31, 2024, and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 696741. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2917/50584 or on the investor relations section of the company’s website, https://www.lmfunding.com/investors/news-events/ir-calendar. A webcast replay will be...

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Haveli Investments Completes Acquisition of ZeroFox

WASHINGTON, May 13, 2024 (GLOBE NEWSWIRE) — ZeroFox Holdings, Inc. (Nasdaq: ZFOX), a leading provider of external cybersecurity, today announced the completion of its acquisition by technology-focused private equity firm Haveli Investments. With the completion of the transaction, ZeroFox stockholders will receive $1.14 per share in cash. The Company’s common stock and warrants have ceased trading, and the Company has been delisted from Nasdaq. As a privately held company, ZeroFox will benefit from strategic support, guidance, and capital provided by Haveli Investments to continue expanding its global footprint in support of its mission to build a safer digital world. Through this investment, ZeroFox will continue to expand its industry leading cybersecurity platform, invest in go-to-new market channels, and accelerate innovation...

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