Month: May 2024

LIMASSOL, Cyprus, May 10, 2024 (GLOBE NEWSWIRE) — Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), an international energy transportation services company, today announced its results for the three months ended March 31, 2024. Highlights of the First quarter Ended March 31, 2024:Total vessel revenues: $7.0 million, as compared to $31.2 million for the three months ended March 31, 2023, or a 77.6% decrease; Net income: $22.1 million, as compared to $22.0 million for the three months ended March 31, 2023, or a 0.5% increase; Earnings per common share, basic: $1.11 per share, as compared to $2.29 per share for the three months ended March 31, 2023; EBITDA(1): $21.4 million, as compared to $24.1 million for the three months ended March 31, 2023; Cash and restricted cash of $186.4 million as of March 31, 2024, as compared to...

ROUYN-NORANDA, Quebec, May 10, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Brunswick Exploration Inc. (BRW-TSXV, BRWXF-OTCQB) has reported additional significant Li2O intersections on Globex’s Lac Escale (Mirage Project) royalty claims in the Eeyou Istchee – James Bay Region of Quebec. Intersections of up to 1.55% Li2O over 93.45 m and 1.05% Li2O over 34.05 m were encountered. Central Zone of the Lac Escale (Mirage Project) Royalty Claims.Table 1: Highlights from 2024 Winter Drilling Program Reported in Brunswick Press Release.Hole ID Zone Dyke From (m) To...

SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group”, “YYGH”, or the “Company”), a data and technology-driven company that specializes in creating enterprise intelligent labor matching services and smart cleaning solutions, is pleased to announce its entry into the Cambodian hospitality and hotel industry. This expansion, which follows on the Company’s recent entry into Vietnam and Malaysia, is expected to help YY Group gain market share in Cambodia. The Company estimates that the Cambodian hotel industry has the potential for over $106 million in revenue by 2024. “We are excited to support the thriving hotel industry in Cambodia,” said Mike Fu, Founder and Chief Executive Officer of YY Group. “This expansion builds upon our established relationships with major hotels in other regions,...

Former Google, PayPal, and Visa executive, Liru Chan, appointed Group Head of Marketing Former ShopBack, Honestbee, and Schneider Electric executive, Francois Picard, appointed Group Head of Operations SINGAPORE, May 10, 2024 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a market-leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced two key additions to its senior corporate team. With effect from 6 May 2024, Liru Chan has been named the Company’s new Group Head of Marketing, and Francois Picard has been named MoneyHero’s new Group Head of Operations. Both executives will be based at the Company’s headquarters in Singapore. “On behalf of everyone at MoneyHero, I want to welcome Liru and Francois to the Company,” said Rohith...

LOS ANGELES, May 10, 2024 (GLOBE NEWSWIRE) — MediaAlpha, Inc. (“MediaAlpha”) (NYSE: MAX) today announced the closing of the previously announced underwritten secondary public offering of 7,590,000 shares of its Class A common stock by certain selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group (the “Selling Stockholders”) at an offering price of $19.00 per share (before discounts and commissions), which included 990,000 shares of Class A common stock sold pursuant to the option granted by the Selling Stockholders to the underwriters. MediaAlpha did not sell any shares of Class A common stock in and did not receive any proceeds from the offering. J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint bookrunners and representatives for the offering. BofA Securities, Canaccord...

OLD GREENWICH, Conn., May 10, 2024 (GLOBE NEWSWIRE) — Hudson Global, Inc. (Nasdaq: HSON) (“Hudson Global” or “the Company”), a leading global total talent solutions company, announced today financial results for the first quarter ended March 31, 2024. 2024 First Quarter SummaryRevenue of $33.9 million decreased 21.3% from the first quarter of 2023 and 20.1% in constant currency. Adjusted net revenue of $16.3 million decreased 25.0% from the first quarter of 2023 and 24.6% in constant currency. Net loss was $2.9 million, or $0.95 per diluted share, compared to net income of $0.4 million, or $0.11 per diluted share, for the first quarter of 2023. Adjusted net loss per diluted share (non-GAAP measure)* was $0.72 compared to adjusted net income per diluted share of $0.22 in the first quarter of 2023. Adjusted...

–First Quarter Record Sales of $15.9 Million, Up 17%, over Q1 2023 -First Quarter Record Gross Profit of $6.1 Million Up 23%, over Q1 2023 HOLLYWOOD, FL, May 10, 2024 (GLOBE NEWSWIRE) — Healthier Choices Management Corp. (OTC Pink: HCMC) today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Results Highlights:Net sales from operations for the three-month period ended March 31, 2024, amounted to a record $15.9 million, compared to $13.6 million, an approximately $2.3 million and 17% increase versus the same period in 2023. Gross Profit from operations increased by approximately $1.1 million for the three-month period ended March 31, 2024, amounting to a record $6.1 million, compared to $4.9 million for the same period in 2023, a 23% year-over-year increase. Net Loss for the three-month...

FREMONT, Calif., May 10, 2024 (GLOBE NEWSWIRE) — SoundThinking, Inc. (Nasdaq: SSTI) (formerly ShotSpotter, Inc.), a leading public safety technology company, will be presenting at the 19th Annual Needham Technology, Media, & Consumer Conference being held at the Westin Grand Central Hotel in New York City on Wednesday, May 15, 2024. SoundThinking’s Chief Financial Officer, Alan Stewart, will be presenting at 8:45 a.m. Eastern Time. In addition to the public presentation, Stewart will be holding one-on-one meetings with institutional investors throughout the day. The company’s presentation will be webcast live and available for replay here. For additional information or to schedule a one-on-one meeting with management, please contact your Needham representative or SoundThinking’s investor relations team at SSTI@gateway-grp.com. About...

Modular office containersModular office containersModular office containers MIAMI, May 10, 2024 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ: SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, today announced that a current military contract has been increased again, as of May 9, 2024, by approximately $1.0 million, with more than $900,000 of that change order being allocated to 11 new office containers. Paul Galvin, Chairperson and CEO of Safe and Green Holdings, stated, “I am excited to announce that a principal government contractor has augmented our original agreement, which involved refurbishing 19 modular units, to now include the construction of 11 new build modular office containers. These stackable, modular, non-combustible...