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Month: May 2024

Tejon Ranch Co. Announces First Quarter 2024 Financial Results

TEJON RANCH, Calif., May 07, 2024 (GLOBE NEWSWIRE) — Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three-months ended March 31, 2024. “During the first quarter of 2024, the Company continued its strategic focus on unlocking the value of our unique land assets, including commencement of construction of our first residential community, Terra Vista at Tejon, a new multi-family apartment community located immediately adjacent to the Outlets at Tejon. The community will have 228 residences in the first phase with the first units expected to be delivered in the second quarter of 2025. This development marks the Company’s evolution as a real estate development company by adding residential communities on the Ranch, adding...

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NowVertical Group Reports Fourth Quarter and Full Year 2023 Financial Results

TORONTO, May 07, 2024 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (“NOW” or the “Company”), a leading data analytics and AI solutions company, today announced audited financial results for its fourth fiscal quarter ended December 31, 2023. All figures are in U.S. dollars unless otherwise stated. “Our operating model is evolving to better align with our strategic vision, driven by the integration of our business units. By consolidating formerly distinct businesses into a cohesive global framework, we are enhancing our solutions and services, streamlining resources and costs, and leveraging modern data and AI technologies. This strategic consolidation empowers us to deliver enhanced value propositions to our key accounts, collaborating closely with them to achieve tangible business outcomes and expand sales,”...

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Global Water Resources to Acquire Seven Water Systems from Tucson Water, Adding 2,200 Customer Connections

PHOENIX, May 07, 2024 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has entered into an agreement to acquire seven water systems from the City of Tucson’s water utility.The systems are located in and around Pima County where they serve approximately 2,200 customers. Following their acquisition, they would be integrated with existing Global Water utilities in the area. The addition of the new systems will bring the total number of Global Water customers in Pima County to approximately 7,200, of which 5,000 were added from seven acquisitions completed in Pima County over the past four years. These utilities in Pima County comprise Global Water’s second largest service area after the City of Maricopa in terms of customer connections. The acquisition is anticipated...

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Inozyme Pharma Reports First Quarter 2024 Financial Results and Provides Business Highlights

– Interim data from SEAPORT-1, a Phase 1 trial of INZ-701 in patients with end-stage kidney disease receiving hemodialysis, on track for fourth quarter of 2024 – – Interim data from ENERGY-1, a Phase 1b trial of INZ-701 in infants with ENPP1 Deficiency, on track for second half of 2024 – – Cash, cash equivalents, and short-term investments as of March 31, 2024, expected to fund operations into the fourth quarter of 2025 – BOSTON, May 07, 2024 (GLOBE NEWSWIRE) — Inozyme Pharma, Inc. (Nasdaq: INZY) (“the Company” or “Inozyme”), a clinical-stage rare disease biopharmaceutical company developing novel therapeutics for the treatment of pathologic mineralization and intimal proliferation, today reported financial results for the first quarter ended March 31, 2024, and provided business highlights. “We...

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Medigene to Present at Upcoming Conferences

Planegg/Martinsried, May 7, 2024. Medigene AG (Medigene or the “Company”, FSE: MDG1, Prime Standard), an immuno-oncology platform company focusing on the discovery and development of T cell immunotherapies for solid tumors, will present a poster at the 21th Association for Cancer Immunotherapy (CIMT) Annual Meeting taking place May 15-17, 2024, in Mainz, as well as at the Healthcare House Call Virtual Conference hosted by The Benchmark Company on May 21 and 22, 2024. 21st CIMT Annual Meeting https://www.meeting.cimt.eu/Location: Rheingoldhalle Congress Center Mainz, GermanyDate: May 15 – 17 2024 Details on the poster presentation are as follows: Abstract and title: “Selection of superior KRAS G12V mutation-specific T cell receptors with unique characteristics for 3rd generation armored and enhanced T cell therapy”Authors: Julia Bittmann,...

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PruTech Expedites and Scales Cloud Migration with Progress, Saving Customers Months of Development Time

Using Progress DataDirect, the global IT services company automated complex encryption processes, speeding the cloud migration process for leading healthcare insurer BURLINGTON, Mass., May 07, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that PruTech, a global IT services company that helps organizations implement digital transformation solutions, leveraged Progress® DataDirect® connectors to speed and scale cloud migration in data-sensitive environments, saving customers months of development time. With a 25-year history, PruTech provides digital transformation expertise to its clients via IT services such as cloud migration, cloud application development, cybersecurity and custom application development. When a major healthcare insurer asked for a solution for...

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Optiver Chooses AMD Enterprise Portfolio to Power its Data Center Modernization, Enabling New Era of Compute and AI

Optiver utilizes high-performance AMD solutions including EPYC CPUs, Solarflare Ethernet adapters, Virtex FPGAs and Alveo Accelerators SANTA CLARA, Calif., May 07, 2024 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced that Optiver – a leading global market maker trading on 100+ exchanges – is using a broad range of AMD high-performance compute engines to help further its mission of improving financial markets by building a modern infrastructure that serves as the backbone of the organization. Using AMD EPYC™ processors, AMD Solarflare low-latency Ethernet adapters, AMD Virtex™ FPGAs, and AMD Alveo™ adaptable accelerators, Optiver is addressing a variety of technical challenges in capital markets to build systems that make financial markets more advanced. “We’re a team of researchers and engineers driven...

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Thimble Island Private Wealth Launches With Support From LPL Strategic Wealth Services

SAN DIEGO, May 07, 2024 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Logan Reed, CFP®, CEPA®, CIMA®, CLU®, AIF®, James “Jim” English III, Michael Allegra Jr., CRPC, and Matthew Fleming, CFP®, have launched a new independent practice, Thimble Island Private Wealth, through affiliation with LPL Financial’s supported independence model, LPL Strategic Wealth Services. The team reported having served approximately $830 million in advisory, brokerage and retirement plan assets* while at Janney Montgomery Scott. Based in New Haven, Conn., the quartet of experienced advisors share a commitment to providing personalized, concierge-level service to their clients. The 2024 Forbes Best-In-State Wealth Management Team takes a collective approach to help ensure that each client receives hands-on attention for...

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Leading Edge Semiconductor Company Places Multi-System Laser Annealing Order Including First Nanosecond Annealing System

LSA201 and NSA500 Annealing Systems Chosen for High Volume Production of 2 Nanometer Gate-All-Around Logic Chips PLAINVIEW, N.Y., May 07, 2024 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) announced today that a leading edge semiconductor company has placed an order for multiple laser annealing systems to accelerate the design and manufacturing of 2-nanometer gate-all-around logic semiconductor chips. The order includes LSA201™ Laser Spike Annealing Systems in addition to an NSA500™ Nanosecond Annealing System. Gate-all-around is a vertical stacking of planar channels resulting in improved device drive current capability with minimal leakage, less power consumption, and overall enhanced performance. “We are excited to have our annealing platforms chosen to accelerate next-generation gate-all-around logic...

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HealthEquity Sets Date to Announce First Quarter Results

Presentation at Conferences DRAPER, Utah, May 07, 2024 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA”) custodian, today announced plans to release its first quarter of fiscal 2025 financial results following the close of regular stock market trading hours on Monday, June 3, 2024. Following the news release, HealthEquity management plans to host a conference call for investors on Monday, June 3, 2024, at 4:30 p.m. Eastern Time during which management will review the Company’s first quarter results.HealthEquity First Quarter Fiscal Year 2025 Results Conference CallDate: June 3, 2024Time: 4:30 p.m. Eastern Time / 2:30 p.m. Mountain TimeDial-In: 1-833-630-1956 (US and Canada) 1-412-317-1837 (International)Conference ID: HealthEquityWebcast: ir.healthequity.com   A...

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