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Month: May 2024

Aterian Reports First Quarter 2024 Results

First Quarter Net Loss Improved by 80.0% Year Over Year and Adjusted EBITDA Loss Improved by 38.4% Affirms Second Half 2024 Adjusted EBITDA Profitability Target NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”) today announced results for the first quarter ended March 31, 2024.  First Quarter HighlightsFirst quarter 2024 net revenue declined 42.0% to $20.2 million, compared to $34.9 million in the first  quarter of 2023. First quarter 2024 gross margin improved to 65.1%, compared to 54.8% in the first quarter of 2023, primarily reflecting the positive impact of our SKU rationalization efforts and less liquidation of high cost inventory compared to the prior period. First quarter 2024 contribution margin improved to 14.1% from 5.9% in the first quarter of 2023, primarily reflecting...

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One Liberty Properties Reports First Quarter 2024 Results

—Closes Acquisition of Industrial Property——Sells Two Assets and Secures Contracts for Three Additional Sales — GREAT NECK, N.Y., May 07, 2024 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (the “Company” or “One Liberty”) (NYSE: OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended March 31, 2024. “We remained focused on the goal of transforming our portfolio towards industrial ownership in the first quarter, working to execute on targeted and opportunistic sales and strategic acquisitions. These efforts led to the sale during the quarter of a restaurant, and subsequent to quarter end, to the addition of an industrial property, along with the sales and pending sales of four assets, including the sales of two retail properties and a restaurant,” stated Patrick...

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GAMCO Board Declares Special Dividend of $0.20 per share and Regular Quarterly Dividend of $0.04 per share

GREENWICH, Conn., May 07, 2024 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“GAMI”) (OTCQX: GAMI) announced today that its Board of Directors approved a special dividend of $0.20 per share and a regular quarterly dividend of $0.04 per share to all of its Class A and Class B shareholders, payable on June 25, 2024 to its shareholders of record on June 11, 2024. About GAMCO Investors, Inc. GAMI is best known for its research-driven value approach to equity investing (known as PMV with a Catalyst™). GAMI conducts its investment advisory business principally through two subsidiaries: Gabelli Funds, LLC (24 open-end funds, 14 closed-end funds, 5 actively managed semi-transparent ETFs, and a SICAV) and GAMCO Asset Management Inc. (approximately 1,400 institutional and private wealth separate accounts). GAMI serves a broad client base...

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Motorsport Games Reports First Quarter 2024 Financial Results

Motorsport Games Reports First Quarter 2024 Financial ResultsMotorsport Games Reports First Quarter 2024 Financial ResultsMIAMI, May 07, 2024 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or the “Company”) today reported financial results for its first quarter ended March 31, 2024. The Company has also posted the first quarter 2024 earnings slides highlighting key milestones that occurred in the period, which are accessible on the Company’s investor relations website. “The first quarter of 2024 marked a significant milestone in the company’s rejuvenation with the release of the first game developed solely by Studio 397, Le Mans Ultimate, to recognizably positive reviews,” commented Stephen Hood, President and Chief Executive Officer of Motorsport Games. “Thanks to the hard work of our talented...

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Lesaka to acquire leading payment platform Adumo welcoming new shareholders Apis and ARC

JOHANNESBURG, South Africa, May 07, 2024 (GLOBE NEWSWIRE) —  Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka”) has signed a definitive agreement to acquire Adumo RF (Pty) Ltd (“Adumo”) for ZAR 1.59 billion ($85.9 million translated at the prevailing rate $1: ZAR 18.50 as of May 7, 2024). The transaction is subject to shareholder and regulatory approvals. The purchase consideration1 will be settled through the combination of an issuance of 17,279,803 shares of Lesaka common stock to Adumo’s current ultimate shareholders plus ZAR 232 million ($12.5 million) in cash, funded by internal cash resources and external financing. Adumo’s ultimate shareholders include Apis Growth Fund I, a private equity fund managed by Apis Partners LLP (“Apis”), African Rainbow Capital (“ARC”), the largest shareholder of Crossfin Holdings (RF)...

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Nokia Corporation: Repurchase of own shares on 07.05.2024

Nokia CorporationStock Exchange Release07 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 07.05.2024 Espoo, Finland – On 07 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 376,202 3.48CEUX – –BATE – –AQEU – –TQEX – –Total 376,202 3.48* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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Calian Renews $10M Contract for Military Training with Canadian Defence Academy and Military Personnel Generation Group

OTTAWA, May 07, 2024 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX: CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions has renewed a contract worth $10M to provide military training support services for the Canadian Defence Academy (CDA) and Military Personnel Generation Group (MPG). Calian will deliver comprehensive academic and developmental support, clerical support, training support, instructional support, and courseware development in relation to Canadian Armed Forces (CAF) training courses provided through the CDA and MPG. Work will bolster critical training programs across Canada, elevating operational readiness when the CAF cannot afford to fail. “We are excited and honored to continue our partnership with CDA and MPG in supporting the women and...

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HOPE GAS CONTINUES TO INVEST IN WEST VIRGINIA WITH AGREEMENT TO PURCHASE CONSUMERS GAS UTILITY COMPANY

The investment marks Hope’s sixth acquisition transaction in West Virginia and adds a thirty-eighth county to its Mountain State service territory Morgantown, WV, May 07, 2024 (GLOBE NEWSWIRE) — Hope Gas (Hope) today announces an agreement to purchase Consumers Gas Utility Company in West Virginia. This transaction is subject to review and approval by the Public Service Commission of West Virginia. This agreement marks the sixth acquisition transaction by Hope Gas in West Virginia in just over one year. The company has previously acquired Equitrans Gathering, Hometown Gas, Peoples Gas WV and Southern Public Gas Company. An acquisition of Standard Gas Company and Bazzle Gas Company is expected to close in mid-2024. The acquisition of Consumers Gas will add approximately 8500 new customers across Cabell, Jackson, Putnam, Ritchie,...

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EXEL Industries: Number of shares and voting rights as of 04.30.2024

EXEL IndustriesA French Société Anonyme with a share capital of €16,969,750Registered office: 54, rue Marcel Paul – 51206 Epernay Cedex – FranceReims Companies Register (RCS): No. 095 550 356 Number of shares and voting rightsArticle 223-16 of the AMF regulationDate Total number of shares comprising the share capital Total number of voting rightsApril 30, 2024   6,787,900   Theoretical voting rights: 10,875,275Exercisable voting rights*: 10,871,565* After deduction of shares without voting rightsAttachmentEXEL Industries Droits de vote 2024.04.30_EN

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