Month: June 2024
BROOMFIELD, Colo., June 25, 2024 (GLOBE NEWSWIRE) — DMC Global Inc. (Nasdaq: BOOM) today announced that its board of directors has elected Simon Bates as an independent director.
Mr. Bates joins the DMC board with nearly 30 years of leadership experience in the building products industry. He previously was CEO of Argos North America, one of the largest U.S. cement and ready-mix concrete producers, from October 2022 to January 2024, when Argos was sold to Summit Materials. He also served as president, CEO and director of GCP Applied Technologies Inc., from October 2020 to October 2022, when the company was acquired by Saint-Gobain. GCP was a leading global provider of construction products, including high-performance specialty construction chemicals and building materials. From April 2017 to October 2020, Mr. Bates served as president...
PetVivo Sets Fiscal Fourth Quarter 2024 Conference Call for Friday, June 28 at 5:00 p.m. ET
Written by Customer Service on . Posted in Public Companies.
MINNEAPOLIS, MN, US, June 25, 2024 (GLOBE NEWSWIRE) — PetVivo Holdings, Inc. (OTC: PETV, PETVW), a leading biomedical company delivering innovative therapeutic medical devices for equines and companion animals, will hold a conference call on Friday, June 28, 2024 at 5:00 p.m. Eastern time to discuss results for the fiscal fourth quarter and year ended March 31, 2024. The financial results will be issued in a press release prior to the call.
PetVivo management will host the presentation, followed by a question-and-answer period.
Date: Friday, June 28, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Toll-free dial-in number: 1-719-359-4580Conference ID: 845 8120 3778Passcode: 853545Webcast (live and replay): here
A replay of the webcast will be available through the same link following the conference call.
The conference...
Worthington Enterprises Reports Fourth Quarter Fiscal 2024 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) — Worthington Enterprises, Inc. (NYSE: WOR) reported net sales of $318.8 million and a net loss from continuing operations of $31.5 million, or $(0.64) per diluted share, for its fiscal 2024 fourth quarter ended May 31, 2024. This compares to net sales of $368.8 million and net earnings from continuing operations of $50.1 million, or $1.01 per diluted share, in the fourth quarter of fiscal 2023. On a non-GAAP basis, adjusted net earnings from continuing operations totaled $37.5 million for the fourth quarter of fiscal 2024, or $0.74 per diluted share, compared to $59.0 million, or $1.19 per diluted share, in the prior year comparable quarter. Reported results reflect the controlling interest portion of continuing operations and were impacted by certain items, as summarized in the table...
Progress Announces Second Quarter 2024 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Second Quarter Revenues and Earnings Per Share Ahead of GuidanceRaising Full Year Revenue and Earnings Per Share Outlook
BURLINGTON, Mass., June 25, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced financial results for its fiscal second quarter ended May 31, 2024.
Second Quarter 2024 Highlights1:Revenue and non-GAAP revenue of $175 million decreased 2% year-over-year on both an actual and a constant currency basis.
Annualized Recurring Revenue (“ARR”) of $579 million increased 1% year-over-year on a constant currency basis.
Operating margin was 16% and non-GAAP operating margin was 38%.
Diluted earnings per share was $0.37 compared to $0.27 in the same quarter last year, an increase of 37%.
Non-GAAP diluted earnings per share was $1.09 compared to $1.06...
OHA is Administrative Agent & Lead Left Arranger for Private Refinancing of MedVet
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New York, New York, June 25, 2024 (GLOBE NEWSWIRE) — Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a private unitranche facility to support a recapitalization of MedVet. MedVet is a founder and veterinarian owned platform that operates a leading network of specialty and emergency veterinary hospitals across the U.S. OHA was the sole lender of the private unitranche facility, consisting of a term loan and delayed draw term loan.
OHA’s reputation and experience investing in the veterinary care space for nearly a decade positioned it to source and diligence this opportunity. OHA made its first investment in a veterinary services platform in 2014 and currently has over $1 billion invested in animal health and pet care businesses, ranging from private unitranche to junior capital financings. This...
Intellia Announces Positive Clinical Proof-of-Concept Data for Redosing a CRISPR-Based Therapy with its Proprietary LNP-Based Delivery Platform
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First-ever clinical data demonstrating redosing with an investigational in vivo CRISPR-based therapy
Follow-on dosing with a 55 mg dose of NTLA-2001 led to a 90% median reduction in serum TTR at day 28 in the three patients who previously received the lowest dose in the Phase 1 dose-escalation study
55 mg follow-on dose was well tolerated across all patients
While redosing is not planned for the NTLA-2001 program in transthyretin (ATTR) amyloidosis, a redosing option could be an important advantage of Intellia’s non-viral, lipid nanoparticle (LNP)-based delivery platform for future investigational therapies where a target additive effect is desiredCAMBRIDGE, Mass., June 25, 2024 (GLOBE NEWSWIRE) — Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading clinical-stage gene editing company focused on revolutionizing medicine with...
Premier American Uranium Announces Results Following its Annual and General Special Meeting of Shareholders
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TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) (OTCQB: PAUIF) is pleased to announce that shareholders have approved all matters brought before the annual general and special meeting of shareholders (the “Meeting”) held virtually today, as outlined in the management information circular of the Company prepared in connection with the Meeting.
Shareholders approved all of the matters presented for approval at the Meeting, including the re-election of each of the existing directors to serve as a director of the Company until the next annual meeting of shareholders or until his successor is otherwise elected or appointed.
Shareholders also approved the appointment of Mr. Jon Indall and Mr. Michael Henrichsen (the “Arrangement Slate Nominees”)...
Canon Solutions America’s Francis McMahon Earns Champion of Education Award from the Graphic Communications Scholarship Foundation
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Francis McMahonFrancis McMahon, executive vice president, Production Print Solutions, Canon Solutions America, Inc. earned a 2024 Champion of Education Award from the Graphic Communications Scholarship FoundationMELVILLE, N.Y., June 25, 2024 (GLOBE NEWSWIRE) — For his efforts in advocating on behalf of the digital printing and publishing industry, Francis McMahon, executive vice president, Production Print Solutions, Canon Solutions America, Inc. earned a 2024 Champion of Education Award from the Graphic Communications Scholarship Foundation (GCSF).
Throughout his time with Canon Solutions America, a wholly owned subsidiary of Canon U.S.A., Inc., McMahon has continuously advocated for educational opportunities for print service providers and future printing professionals.
“Developing the industry’s next generation of...
POET Technologies Provides Results of 2024 Annual General and Special Meeting
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POET Grants Options to Directors and Employees
TORONTO, June 25, 2024 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported the voting results of its Annual General and Special Meeting (the ”Meeting” or “AGSM”), which was held virtually on Friday, June 21, 2024.
The Company’s VP Finance and Administration, Kevin Barnes, delivered customary introductions and the call to order, and POET’s Chairman of the Compensation Committee, Glen Riley, conducted the formal business of the Meeting, which included the approval of all proposals outlined in the Company’s management information...
RCI BANQUE ISSUES A 750 M€ 10.25 YEARS TIER 2 SUBORDINATED BOND
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RCI BANQUE ISSUES A 750 M€ 10.25 YEARS TIER 2 SUBORDINATED BOND
On 25th June 2024, RCI Banque has successfully priced a new Tier 2 subordinated Notes for 750 million euros, maturing on 09th October 2034 and callable in the 3-month period to 09th October 2029 (5.25 years). The bond carries a 5.5% coupon until 09th October 2029, after which it will reset to 5-year swap rate + 275 bp for the last 5 years if not redeemed.
The transaction was conducted after half a day of virtual roadshow which allowed RCI Banque to engage directly with over 40 investors.
This issuance extends the maturity profile of RCI Banque’s Tier 2 layer and is part of its dynamic capital management strategy aimed at maintaining a solid capital structure and robust safety margins compared to capital requirements.
This transaction was well received by the financial community...
