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Day: August 9, 2024

AB Amber Grid Operating Results for the first half of 2024

AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania. Amber Grid delivers results for the first half of 2024 prepared according to the International Financial Reporting Standards:• Revenue for H1 2024: EUR 35.0 million (H1 2023: EUR 42.7 million);• Net profit for H1 2024: EUR 3.4 million (H1 2023: EUR 12.6 million);• EBITDA (earnings before interest, taxes, depreciation and amortisation) for H1 2024: EUR 12.0 million (H1 2023: EUR 10.7 million);• Average return on equity (ROE) for the last 12 month as of 30 June 2024: 2.4% (as of 30 June 2023: 11.4%). Amber Grid adjusted financial indicators for H1 2024:• Adjusted net profit for H1 2024: EUR 5.1 million (H1 2023: EUR 5.0 million);• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) for H1 2024: EUR 13.8 million...

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Stem Cell Therapy Market to Surpass USD 28.60 Billion by 2031, Witnessing 11.2% CAGR Growth | SkyQuest Technology

Westford, USA, Aug. 09, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Stem Cell Therapy Market will attain a value of USD 28.60 Billion by 2031, with a CAGR of 11.2% over the forecast period (2024-2031). About 7.1% of all diseases globally are neurological disorders and cerebrovascular diseases, as per approximations by the World Health Organization (WHO). Consequently, companies are investigating the potential of stem cells to regenerate in neurological illnesses through basic research and preclinical investigations. Companies are now investing a large amount of money in cellular cancer treatments, which is anticipated to promote the growth of the global stem cell therapy market. Download a detailed overview:https://www.skyquestt.com/sample-request/stem-cell-therapy-market Browse in-depth TOC on the ” Stem Cell Therapy...

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Harfang Agrees to Acquire NewOrigin to Consolidate Casa Berardi Trend Assets in Ontario

MONTREAL and TORONTO, Aug. 09, 2024 (GLOBE NEWSWIRE) — Harfang Exploration Inc. (TSX.V: HAR) (“Harfang”) and NewOrigin Gold Corp. (TSX.V: NEWO) (“NewOrigin”) are pleased to announce that they have entered into a definitive arrangement agreement dated August 8, 2024 (the “Agreement”) pursuant to which Harfang has agreed, subject to certain conditions, to acquire all the issued and outstanding common shares of NewOrigin (the “NewOrigin Shares”) that it does not already own or may acquire (the “Transaction”). Following completion of the Transaction, it is expected that the shareholders of NewOrigin will own approximately 20% of the issued and outstanding common shares of Harfang (the “Harfang Shares”). Pursuant to the terms of the Transaction, and as further discussed below (see Transaction Details), the expected share exchange ratio...

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Orbit International Corp. Reports 2024 Second Quarter Results

Second Quarter 2024 Net Loss of $201,000 ($0.06 loss per share) v. Net Loss of $453,000 ($0.14 loss per share) in Prior Year Period Second Quarter 2024 EBITDA, As Adjusted, was a loss of $397,000 ($0.12 loss per share) v. $31,000 ($0.01 per diluted share) in Prior Year Period Six Months 2024 Net Loss of $952,000 ($0.28 loss per share) v. Net Loss of $1,570,000 ($0.47 loss per share) in Prior Year Period Six Months 2024 EBITDA, As Adjusted, was a loss of $948,000 ($0.28 loss per share) v. a loss of $1,103,000 ($0.33 loss per share) in Prior Year Period Backlog at June 30, 2024 up 18.4% from 2023 year-end Company Terminates Employment Contract of SPS President HAUPPAUGE, New York, Aug. 09, 2024 (GLOBE NEWSWIRE) — Orbit International Corp. (OTC Expert Market:ORBT) today announced results for the second quarter and six months ended...

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Plastic Packaging Market Size Worth USD 439.29 Billion By 2031 | CAGR 5.6% : Skyquest Technology

Westford, USA, Aug. 09, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Plastic Packaging Market will attain a value of USD 439.29 Billion by 2031, with a CAGR of 5.6% over the forecast period (2024-2031). The packaging industry has grown significantly due to rising demand in important industries such as medicines, food and beverage, cosmetics, and personal care. It is anticipated that the market for flexible plastic packaging would keep growing. The flexible plastic packaging market is expected to be driven primarily by factors including the rise in contemporary retailing, rising consumer incomes, and the quick expansion of e-commerce, particularly in emerging nations, during the forecast period. Download a detailed overview:https://www.skyquestt.com/sample-request/plastic-packaging-market Browse in-depth TOC on the ”...

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mHealth market to Reach USD 176.69 Billion by 2031, Growing at 13.8% CAGR | SkyQuest Technology

Westford, USA, Aug. 09, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global mHealth Market will attain a value of USD 176.69 Billion by 2031, with a CAGR of 13.8% over the forecast period (2024-2031). There will be a significant increase in the global market over the next few years. It is expected that the market will grow rapidly in years ahead due to factors such as rising demand for smartphones, tablets as well as other kinds of mobile platforms; use of connected devices and mHealth applications to treat and keep track of chronic diseases. The need to contain costs in the delivery of healthcare; the widespread adoption of 3G and 4G networks; the growing emphasis on patient-centric healthcare delivery; and the rise in demand for home healthcare services.Download a detailed overview:https://www.skyquestt.com/sample-request/mhealth-marketBrowse...

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Above Food Announces Strategic Acquisition of The Redwood Group, LLC’s Specialty Crop Food Ingredients Division, Representing Significant U.S. Expansion

Accretive transaction of a scaled and profitable operator that generated US$164 million of unaudited revenue in FY 2023. The Redwood Group, LLC is a leading supplier of pulses, pulse ingredients, and specialty crops to high-growth customer segments in both the human and pet food markets. Acquisition expands Above Food’s physical footprint internationally, adding its first United States-based sourcing, manufacturing and distribution facilities, augmenting its capabilities across its entire ‘Seed-to-Fork’ value chain.REGINA, Saskatchewan and MISSION, Kan. and CHESTER, Mont., Aug. 09, 2024 (GLOBE NEWSWIRE) — Above Food Ingredients Inc. (Nasdaq: ABVE, ABVE.W) (“Above Food” or the “Company”), an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, announces...

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Smart Glass Market Forecast to Grow at 10.8% CAGR from 2024 to 2031 | SkyQuest Technology

Westford, USA, Aug. 09, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Smart Glass Market will attain a value of USD 14.56 Billion by 2031, with a CAGR of 10.8% over the forecast period (2024-2031). One of the factors that are anticipated to cause market growth is the rise of green buildings and other eco-friendly constructions meant for conserving energy. A favourable regulatory environment that facilitates financial and tax benefits is also having a positive impact on the global smart glass market. The glass sector has grown due to a rise in innovations, such as higher investment levels and the building of industrial-scale manufacturing capacity. The need for clever solutions is being fueled by recent developments in modern architecture also. Download a detailed overview:https://www.skyquestt.com/sample-request/smart-glass-market Browse...

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Cloud Storage Market is Expected to Grow from USD 99.5 Billion 2023 to reach USD 405.54 Billion in 2031 | SkyQuest Technology

Westford, USA, Aug. 09, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Cloud Storage Market will reach a value of USD 405.54 Billion by 2031, with a CAGR of 19.2% during the forecast period (2024-2031). Growing demand for big data storage is remarkably impacting the growth of the cloud storage market. Businesses are generating massive quantities of data regularly and this needs to be stored efficiently. For better storage of such increasing data, cloud storage plays a vital role, offering simplicity and higher efficiency. These operational benefits of cloud storage along with the integration of technologies like ML and AI are propelling the market growth. Download a detailed overview:https://www.skyquestt.com/sample-request/cloud-storage-market Browse in-depth TOC on the “Cloud Storage Market” Pages – 165Tables...

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Telos Corporation Announces Second Quarter Results Above Guidance: Reports $28.5 Million of Revenue, 34.1% GAAP Gross Margin, and 42.0% Cash Gross Margin

Reports Second Quarter Results Above High End of Guidance Range on Key Financial Metrics Delivered $28.5 Million of Revenue, Reflecting Outperformance by Secure Networks Generated 34.1% GAAP Gross Margin; Expanded Cash Gross Margin by 326 Basis Points to 42.0% Expanded Network of TSA PreCheck® Enrollment Centers from 28 to 83 Locations in Three Months; Expect to Reach 500 Locations in 2025ASHBURN, Virginia, Aug. 09, 2024 (GLOBE NEWSWIRE) — Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced financial results for the second quarter of 2024. “Telos exceeded the high end of our guidance range for the second quarter on key financial metrics including total company revenue, margin and profit. While GAAP gross margin...

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