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Day: June 13, 2024

Hepsiburada Announces First Quarter 2024 Financial Results

ISTANBUL, Türkiye, June 13, 2024 (GLOBE NEWSWIRE) — D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announces its unaudited financial results for the first quarter ended March 31, 2024. Restatement of financial information: Pursuant to the International Accounting Standard 29, Financial Reporting in Hyperinflationary Economies (“IAS 29”), the financial statements of entities whose functional currency is that of a hyperinflationary economy must be adjusted for the effects of changes in a general price index. Turkish companies reporting under International Financial Reporting Standards (“IFRS”), including the Company, have been required to apply IAS 29 to their financial statements for periods ended...

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The Lovesac Company Reports First Quarter Fiscal 2025 Financial Results

Q1 FY25 Net Sales of $132.6 MillionReaffirms Full Year Fiscal 2025 Outlook STAMFORD, Conn., June 13, 2024 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch, today announced financial results for the first quarter of fiscal 2025, which ended May 5, 2024. Shawn Nelson, Chief Executive Officer, stated, “We are pleased to deliver first quarter performance inline to slightly above the high end of our expectations. Our results reflect continued outperformance compared to the industry and demonstrate our commitment to executing against our objectives. We believe through our omni-channel infinity flywheel, designed for life platform and advantaged supply chain we are well positioned to continue to deliver results...

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GURU Organic Energy Announces Second Quarter 2024 Financial Results

19% net revenue growth to $15.1 million for the first six months of 2024, versus $12.7 million in 2023. Net revenue of $8.0 million in Q2 2024, up from $7.7 million in Q2 2023, despite inventory adjustments by GURU’s exclusive Canadian distributor. Encouraging preliminary results from Peach Mango Punch and Zero Wild Berry launches in Canada, with combined market share of 5.2% in leading grocery banner after first few weeks1. US sales surged 143% to $2.7 million in Q2 2024 from $1.1 million in Q2 2023, driven by a significant sales increase in the wholesale club channel and on Amazon where GURU ranks as the #1 organic energy drink2. Gross profit for the first six months of the year increased significantly to $8.2 million compared to $6.8 million in 2023. Strong gross margin reached 54.4% year-to-date (55.8% in Q2) compared to 53.3% a year...

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MRC Global Selected as Primary Provider of Pipe, Valves, and Fittings for ExxonMobil in North America

HOUSTON, June 13, 2024 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC) announced today that its subsidiary, MRC Global (US) Inc., has signed an agreement to be the primary provider of pipe, valves and fitting (PVF) products and services to ExxonMobil in North America. The agreement includes all of ExxonMobil’s North America upstream and downstream facilities for maintenance, repair and operations as well as project work. “We are very pleased that ExxonMobil has entrusted us with this important part of their business,” commented Rob Saltiel, MRC Global President & CEO. “MRC Global is proud to have supported ExxonMobil for more than 35 years, and we look forward to supporting their growth for years to come with a full range of PVF products and related services.” “MRC Global is the best strategic supplier for ExxonMobil in the...

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Kraken Robotics Supports Energy Transition in Taiwan

ST. JOHN’S, Newfoundland and Labrador, June 13, 2024 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) announces since undertaking its first seabed survey project in Taiwan 3 years ago, Kraken Robotics has supported the installation of over 1.8GW of green energy through the use of the innovative 3D acoustic Sub-Bottom Imager (SBI). With a 10+ year track record and more than 30,000 kilometres of high-resolution seabed surveys for offshore energy, Kraken has provided services for major offshore developers and contractors such as Ørsted, Scottish Power Renewables, Scottish and Southern Energy, RWE, Equinor and Vattenfall. From our initial activities mainly in Europe, Kraken has more recently expanded to support projects in the US and Asia Pacific, including Australia and Taiwan. Taiwan...

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Chart Industries Announces Favorable Repricing of Term Loan Facility

ATLANTA, June 13, 2024 (GLOBE NEWSWIRE) — Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a global leader in clean energy and industrial gas solutions, has successfully syndicated the repricing of its $1,631 million senior secured term loan facility (the “Term Loan”), which matures on March 17, 2030. Following the completion of the repricing, all outstanding amounts under the Term Loan will bear interest at a rate per annum equal to SOFR with a 0.50% floor plus a margin equal to 2.50%. The repricing represents a reduction of 0.75% per annum compared to the SOFR margin applicable prior to the repricing as well as the removal of the 0.10% credit spread adjustment. This is anticipated to result in cost savings of approximately $14 million in annual interest expense on the Term Loan. The repricing described above is expected to be implemented...

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Pasithea Therapeutics Announces Completion of Enrollment and Initial Dosing of Cohort 2 following Positive Safety Review Committee (SRC) Recommendation for PAS-004 in Ongoing Phase 1 Clinical Trial

— On track for initial interim safety and PK data release in Q3 2024 — MIAMI, June 13, 2024 (GLOBE NEWSWIRE) — Pasithea Therapeutics Corp. (NASDAQ: KTTA) (“Pasithea” or the “Company”), a clinical-stage biotechnology company developing PAS-004, a next-generation macrocyclic MEK inhibitor, for the treatment of neurofibromatosis type 1 (NF1) and other indications, announced today that an independent Safety Review Committee (SRC) has completed its safety review of data from the first dose cohort (2mg) treated in the ongoing Phase 1 clinical trial (NCT06299839) of PAS-004 in patients with MAPK pathway driven advanced solid tumors with a documented RAS, NF1 or RAF mutation or patients who have failed BRAF/MEK inhibition. Based on these findings, the SRC recommended that the trial escalate to the next dose level (4mg) without...

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Kimco Realty® Invites You to Join Its Second Quarter Earnings Conference Call

JERICHO, N.Y., June 13, 2024 (GLOBE NEWSWIRE) — Kimco Realty® (NYSE: KIM) will announce its second quarter 2024 earnings on Thursday, August 1, 2024, before market open. You are invited to listen to our quarterly earnings conference call. The webcast information is as follows: When: 8:30 AM ET, August 1, 2024 Live Webcast: 2Q24 Kimco Realty Earnings Conference Call or on Kimco Realty’s website investors.kimcorealty.com Dial #: 1-888-317-6003 (International: 1-412-317-6061). Passcode: 1566978 Audio from the conference will be available on Kimco Realty’s investor relations website until November 1, 2024. About Kimco Realty® Kimco Realty® (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The...

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SATO investigated – this is where the rental market heats up first

SATO Corporation, Press release 13 June 2024 at 1:40 pm The busiest season of the Finnish rental market is here, peaking in July. The summer rental seasons vary by region, with rental spikes concentrated particularly in large cities where regional differences can be significant. It’s not just students on the move during the summer, SATO reports.Data collected over several years by SATO, one of Finland’s largest housing providers, shows that in Turku a busy rental season typically begins right at the start of June. By mid-June, the wave reaches central Helsinki and Tampere. In these three hot rental market areas, housing demand remains high until the end of August. “June is an ideal time to confirm a rental decision, as the best options might unfortunately slip away during the peak season in July, especially in the most...

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Correction: Intermediate Capital Group plc: Annual Report and Accounts

Intermediate Capital Group PLC (the “Company”) 13 June 2024 Annual Report and Accounts- Correction This is a correction to the announcement published at 17:30 on 12 June 2024 which included an error in the Annual Report and Accounts year ended date of the Company. The full corrected announcement is included below. In accordance with Listing Rule 9.6.1R, the Company announces that a copy of the Company’s Annual Report and Accounts for the year ended 31 March 2024 and Annual General Meeting Notice have been published and also sent to the Financial Conduct Authority National Storage Mechanism. They will shortly be available for viewing at https://data.fca.org.uk/#/nsm/nationalstoragemechanism The Annual Report and Accounts and AGM Notice may also be viewed on the Company’s website at https://www.icgam.com/ The Annual Report and...

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