Month: May 2024

HPQ Silicon Signs MOU With Impact Funding Europe for Collaboration on EU Funding Programs

Written by Customer Service on May 8, 2024. Posted in Public Companies.

MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) — HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQB: HPQFF) (FRA: O08), a technology company specializing in green engineering of silica and silicon-based materials, announces the signing of a Memorandum of Understanding (MOU) with Impact Funding Europe (IFE), a distinguished expert in international EU grant writing and change management. The objective of the MOU is to leverage HPQ’s expertise in green engineering of silica and silicon-based materials and IFE’s capability of securing funding under EU programs to advance HPQ’s projects. “We are delighted that we can now include HPQ technologies in our innovation projects, like BlueTEC parcs or Collaborative Research Projects,” said Business Architect and Co-founder Olaf-Gerd Gemein. “In Europe, the available funding for Green Deal...

WEMADE and WEMIX Win “Best Web3 Gaming” at MENA Games Industry Awards 2024

Written by Customer Service on May 8, 2024. Posted in Public Companies.

Wemade is at the forefront of the next wave of Web3 game developers that are innovating with blockchain technology. SEOUL, SOUTH KOREA, May 08, 2024 (GLOBE NEWSWIRE) — WEMADE and WEMIX were honored with the prestigious “BEST WEB3 GAMING ” award at the MENA Games Industry Awards 2024. The awards celebrate the best of the region’s thriving gaming sector, and as the sole web3-focused award, the “BEST WEB3 GAMING” category spotlights companies championing the integration of web3 technologies into gaming. “We are honored to receive this prestigious award. It validates Wemade’s commitment to fostering growth and collaboration within the global web3 gaming landscape,” Wemade said in a statement. “This award motivates us to continue empowering developers and driving innovation...

Ladybug Signs LOI to Purchase Ecommerce Site from Your Supplement Supply Store Ltd.

Written by Customer Service on May 8, 2024. Posted in Mergers And Acquisitions.

TULSA, Okla., May 08, 2024 (GLOBE NEWSWIRE) — Ladybug Resource Group, Inc. (OTC PINK: LBRG), now operating under the brand name Ladybug NutraTech, is excited to announce the signing of a Letter of Intent for the acquisition of a leading e-commerce platform from Your Supplement Supply Store Ltd. This strategic move marks a significant milestone in Ladybug NutraTech’s expansion and enhancement of its digital retail footprint. This e-commerce platform has been designed to serve a niche market comprising busy professionals, day traders, and cryptocurrency traders. This demographic is known for its demanding schedules and unique lifestyle needs, requiring quick and efficient nutritional solutions. The website offers a curated selection of products tailored for this group, including meal replacement shakes, energy boosters, and...

Atlantica Reports First Quarter 2024 Financial Results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

Revenue for the first quarter of 2024 remained stable at $242.9 million, compared with $242.5 million in the first quarter of 2023. Adjusted EBITDA was $164.2 million, a 0.9%1 year-over-year decrease on a comparable basis. Net loss for the first quarter of 2024 attributable to the Company was $5.4 million, compared with a net loss of $11.0 million in the first quarter of 2023. Operating Cash Flow increase of 57.3% year-over-year up to $65.6 million. Signed a 15-year PPA for a 100 MW solar + storage project in California. Closed the acquisition of two wind assets in operation in the UK at 6.6x EV2 / EBITDA3 multiple. Quarterly dividend of $0.445 per share approved by the Board of Directors. Strategic Review ongoing. May 8, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) today...

Vishay Intertechnology Reports First Quarter 2024 Results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

MALVERN, Pa., May 08, 2024 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc., (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive electronic components, today announced results for the fiscal first quarter ended March 30, 2024. Highlights1Q 2024 revenues of $746.3 million Gross margin was 22.8% and included the negative impact of 74 basis points related to the addition of Newport EPS of $0.22 1Q 2024 book-to-bill of 0.82 with book-to-bill of 0.73 for semiconductors and 0.91 for passive components Backlog at quarter end was 5.0 months“As expected, first quarter revenue declined 5% sequentially primarily due to ongoing semiconductor inventory digestion and lingering macro-economic uncertainties, particularly in Asia and Europe. Passive components revenue is stable to growing in Automotive...

Gilat Reports First Quarter 2024 Results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

Strong Revenue Growth of 29% Year-over-Year, GAAP Operating Income of $5.4 Million and Adjusted EBITDA of $9.3 Million PETAH TIKVA, Israel, May 08, 2024 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter, ended March 31, 2024. First Quarter 2024 Financial HighlightsRevenue of $76.1 million, up 29% compared with $59.0 million in Q1 2023; GAAP operating income of $5.4 million, compared with $7.0 million in Q1 2023;The decline is mainly due to lower other income, higher stock-based compensation, mainly related to the Datapath acquisition, and amortization of purchased intangibles;Non-GAAP operating income of $6.6 million, up 25% compared with $5.3 million in Q1 2023; GAAP...

Vertex Announces First Quarter 2024 Financial Results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

KING OF PRUSSIA, Pa., May 08, 2024 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its first quarter ended March 31, 2024. “The year is off to a solid start, and I am very pleased with our financial performance in the first quarter,” stated David DeStefano, Vertex’s President, Chief Executive Officer and Chairperson of the Board. “Revenue traction is strong in the first quarter, with our cloud solutions leading the way, and we are seeing significant earnings leverage that is driving material growth in profitability as well as cash flow. The current momentum in our business, combined with our strengthened balance sheet following our recent successful convertible debt offering, give me confidence in our ability to...

Veru Reports Fiscal 2024 Second Quarter Financial Results and Progress of its Enobosarm High Quality Weight Loss Clinical Program

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

–Phase 2b clinical study of enobosarm in combination with semaglutide (Wegovy®*) for high quality weight loss is actively enrolling– –Company assembles esteemed high quality weight loss Scientific Advisory Board – five MDs with significant relevant medical, clinical and scientific expertise– –Company to present this month at upcoming American Association of Clinical Endocrinology annual meeting and GLP-1 Based Therapeutics Summit– –Company to host conference call and webcast today at 8:00 a.m. ET– MIAMI, FL, May 08, 2024 (GLOBE NEWSWIRE) — Veru Inc. (NASDAQ: VERU), a late clinical stage biopharmaceutical company focused on developing innovative medicines for preserving muscle for high quality weight loss, oncology, and viral induced acute respiratory distress syndrome, today announced...

Ducommun Incorporated Reports First Quarter 2024 Results

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

Record Start to the Year for both Q1 Revenue and Gross Margins SANTA ANA, Calif., May 08, 2024 (GLOBE NEWSWIRE) — Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”) today reported results for its first quarter ended March 30, 2024. First Quarter 2024 RecapNet revenue was $190.8 million, an increase of 5.3% over Q1 2023 Net income of $6.8 million, or $0.46 per diluted share, or 3.6% of revenue, up 70 bps year-over-year Non-GAAP adjusted net income of $10.4 million, or $0.70 per diluted share Gross margin of 24.6%, year-over-year growth of 430 bps Adjusted EBITDA of $27.4 million, or 14.4% of revenue, up 170 bps year-over-year“Q1 was an outstanding quarter and a great start to the year for Ducommun, as we grew our topline year-over-year, led by continued strength in Commercial Aerospace at both Boeing and Airbus...

Sprott Announces First Quarter 2024 Results

Written by Customer Service on May 8, 2024. Posted in Public Companies.

TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the quarter ended March 31, 2024. Management commentary “Sprott’s AUM once again reached record highs during the quarter, driven by stronger gold and silver prices late in the period, offset somewhat by what we view as short-term weakness in uranium and related equities. As of March 31, 2024, AUM was $29.4 billion, up $0.6 billion from the end of 2023. Subsequent to quarter end, on May 6, 2024, AUM stood at $31.2 billion,” said Whitney George, CEO of Sprott. “During the quarter, we further expanded our critical materials offerings with the launch of the Sprott Copper Miners ETF. We also added to our growing European product suite by introducing the Sprott Junior Uranium Miners UCITS ETF. We...

Month: May 2024

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