Day: August 7, 2024

Beyond Meat® Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

EL SEGUNDO, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, today reported financial results for its second quarter ended June 29, 2024. Second Quarter 2024 Financial Highlights1Net revenues were $93.2 million, a decrease of 8.8% year-over-year. Gross profit was $13.7 million, or gross margin of 14.7%, compared to gross profit of $2.3 million, or gross margin of 2.2%, in the year-ago period. Loss from operations was $33.9 million, or operating margin of -36.4%, compared to loss from operations of $53.8 million, or operating margin of -52.7%, in the year-ago period. Net loss was $34.5 million, or $0.53 per common share, compared to net loss of $53.5 million, or $0.83 per common share, in the year-ago period. Adjusted EBITDA was a loss of...

Profire Energy Reports Financial Results for Second Quarter 2024

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

Company Reports Second Highest Quarterly Revenue in Company History LINDON, Utah, Aug. 07, 2024 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the “Company”) that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its second quarter ending June 30, 2024. A conference call will be held on Thursday, August 8, 2024 at 8:30 a.m. ET to discuss the results. Second Quarter Summary (comparisons to prior-year quarter)Revenue of $15.2 million, compared to $14.6 million Gross profit of $7.9 million, compared to $7.4 million Gross margin increased by 90 basis points to 51.8% Net income of $2.1 million, or $0.04 per diluted share, versus $2.9 million and $0.06 Generated EBITDA of $3.0 million, versus $3.7...

RadNet Reports Second Quarter Financial Results with Record Quarterly Revenue and Adjusted EBITDA(1) and Revises Upwards 2024 Financial Guidance Ranges

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

Total Company Revenue increased 13.9% to $459.7 million in the second quarter of 2024 from $403.7 million in the second quarter of 2023; Revenue from the Digital Health reportable segment (inclusive of intersegment revenue) increased 36.4% to $15.8 million in the second quarter of 2024 from $11.6 million in the second quarter of 2023 Digital Health Revenue growth resulted in part from a $3.2 million (or 136.6%) increase in AI Revenue, which climbed to $5.6 million during the second quarter of 2024 from $2.4 million in the second quarter of 2023 Total Company Adjusted EBITDA(1) was $72.3 million in the second quarter of 2024 as compared with $60.4 million in the second quarter of 2023, an increase of 19.7%; Digital Health reportable segment Adjusted EBITDA(1) increased 135.2% to $3.3 million in the second quarter of 2024 from $1.4 million...

Abacus Life Announces Agreement to Acquire FCF Advisors

Written by Customer Service on August 7, 2024. Posted in Mergers And Acquisitions.

Acquisition accelerates expansion of ABL Wealth with a diverse suite of products Deal will add up to $600 million in AUM to Abacus ORLANDO, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced a definitive agreement to acquire FCF Advisors (“FCF”), a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies. The acquisition of FCF, which has approximately $600 million in assets under management, is firmly aligned with Abacus’ ongoing expansion of ABL Wealth and its suite of products. Over the past decade, FCF has become a recognized leader in free cash flow analytics and research. The firm has pioneered the free cash flow quality...

Nokia Corporation: Repurchase of own shares on 07.08.2024

Written by Customer Service on August 7, 2024. Posted in Public Companies.

Nokia CorporationStock Exchange Release07 August 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 07.08.2024 Espoo, Finland – On 07 August 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 1,218,114 3.48CEUX 673,547 3.48BATE – –AQEU 133,939 3.50TQEX 143,044 3.50Total 2,168,644 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 started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing...

Sezzle Reports Second Quarter 2024 Results

Written by Customer Service on August 7, 2024. Posted in Public Companies.

Sezzle Continues to Increase Profitability and Raises FY24 Guidance2Q24 GAAP Operating Results and 2Q24 Non-GAAP Operating ResultsAppendix – Reconciliation of GAAP to Non-GAAP Financial MeasuresMinneapolis, MN, Aug. 07, 2024 (GLOBE NEWSWIRE) — Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, is pleased to update the market on key financial metrics for the quarter ended June 30, 2024. “Our strategic efforts continued to pay off in the second quarter, as Net Income reached new highs driven by a combination of strong revenue growth and leveraging our operating infrastructure,” stated Charlie Youakim, Sezzle Chairman and CEO. “We are excited to raise our 2024 guidance, as we now expect Total Revenue to increase 35%-40% YoY (previous guidance of 25%), Net Income...

VYRE Music Partners with Raw Cereal to Enhance Video Immersive Experiences for Artist Content Deals and The World’S Best-Known Brands

Written by Customer Service on August 7, 2024. Posted in Public Companies.

LOS ANGELES, Aug. 07, 2024 (GLOBE NEWSWIRE) — VYRE Music, a VYRE Network company and wholly-owned Cabo Verde Capital company (“VYRE” or the “Company” – OTC: CAPV), is pleased to announce its partnership with global creative and production studio, “Raw Cereal”. The partnership was created to enhance video production at VYREMusic for its “Artist Content Deals”, short films, and live events. VYREMusic’s goal is to identify forward-thinking artists, songwriters, and music innovators in the industry, and work with them to create and distribute entertaining and thought-provoking content to a global audience. Raw Cereal, known for creating immersive and live experiences for the world’s best-known artists and brands, is a studio that creates larger-than-life productions employing new technology for fully immersive experiences. Some...

Andrew Peller Limited Announces Second Quarter Fiscal 2025 Dividend

Written by Customer Service on August 7, 2024. Posted in Dividend Reports And Estimates.

GRIMSBY, Ontario, Aug. 07, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Andrew Peller Limited (ADW.A / ADW.B) (the “Company”) announced today that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share to be paid on October 11, 2024 to shareholders of record on September 30, 2024. The Company has consistently paid common share dividends since 1979 and has increased dividends seven times over the last ten years, most recently in fiscal 2022. The Company currently designates all dividends paid as “eligible dividends” for purposes of the Income Tax Act (Canada) unless indicated otherwise. About Andrew Peller Limited Andrew Peller Limited is one of Canada’s leading producers and marketers of quality wines and craft spirits. The Company’s award‐winning premium and ultra‐premium...

EIB submits SEC Form 18-K/A Amendment No 6: Unaudited Condensed Semi-Annual Financial Statements as at and for the six-month period ended June 30, 2024

Written by Customer Service on August 7, 2024. Posted in Earnings Releases And Operating Results.

For immediate release 7 August 2024 EIB submits SEC Form 18-K/A Amendment No. 6: Unaudited Condensed Semi-Annual Financial Statements as at and for the six-month period ended June 30, 2024 The European Investment Bank (EIB) has submitted its SEC Form 18-K/A Amendment No. 6. To view the document, please go to EDGAR Filing Documents for 0000950157-24-001055 (sec.gov). The 18-K/A has also been posted on the EIB website: Amendment to the Annual Report 2023 (Form 18-K/A Amendment No 6) (eib.org) ENDS

HydroGraph Welcomes United States Senator for Kansas Jerry Moran at its Graphene Production Facility

Written by Customer Service on August 7, 2024. Posted in Public Companies.

MANHATTAN, Kan., Aug. 07, 2024 (GLOBE NEWSWIRE) — HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGCPF) (FRA: M98) (the “Company” or “HydroGraph”), a sustainable commercial manufacturer of pristine graphene, received a visit by Jerry Moran, the senior senator for the State of Kansas. Sen. Moran was joined by the Manhattan Area Chamber of Commerce and hosted by HydroGraph’s president and interim CEO, Kjirstin Breure. Other key HydroGraph employees in attendance included Stephen Corkill, HydroGraph’s vice president of operations, and Chris Sorensen, vice president of R&D and the inventor of the company’s patented detonation process. The one-day visit included introductions with company employees and a tour of HydroGraph’s R&D facilities and first commercial-scale production unit, located in Manhattan, Kansas, which produces...

Day: August 7, 2024

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