August 14, 2024 – Page 8

Silo Pharma Expands Development Agreement with Sever Pharma for Novel Ketamine Implant Therapeutic

Written by Customer Service on August 14, 2024. Posted in Public Companies.

SP-26 dissolvable ketamine-based injectable implant targets chronic pain and fibromyalgia Sever Pharma to scale-up extrusion processes and continue analytical testing for novel non-opioid treatment SARASOTA, FL, Aug. 14, 2024 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a developmental stage biopharmaceutical company focused on developing novel formulations and drug delivery systems for traditional therapeutics and psychedelic treatments, today announced a new agreement with Sever Pharma Solutions for scale-up extrusion of the Company’s SP-26 ketamine-loaded implant therapeutic targeting fibromyalgia and chronic pain. In addition, Sever Pharma Solutions will continue with analytical testing of the ketamine hydrochloride (ketamine HCL) polymer implants using the optimal time-released, dose-controlled...

Inter-Rock Announces Normal Course Issuer Bid for Common Shares

Written by Customer Service on August 14, 2024. Posted in Public Companies.

TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) — Inter-Rock Minerals Inc. (TSX-V: IRO) (“Inter-Rock” or the “Company”) today announced that it has filed a Notice of Intention and received acceptance from the TSX Venture Exchange (the “TSXV”) to commence a normal course issuer bid (the “NCIB”) to purchase for cancellation from time to time up to an aggregate of 1,000,000 common shares of the Company, representing up to approximately 4.6% of the Company’s 21,961,811 common shares issued and outstanding as of the date hereof, and up to approximately 9.0% of the 11,110,411 common shares, which to the knowledge of the Issuer, are in the Public Float (as such term is defined in the policies of the TSXV). Inter-Rock has engaged Independent Trading Group Inc. to act as broker for the NCIB. Inter-Rock may purchase common shares under the NCIB...

Security National Financial Corporation Reports Financial Results for the Quarter Ended June 30, 2024

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

SALT LAKE CITY, Aug. 14, 2024 (GLOBE NEWSWIRE) — Security National Financial Corporation (SNFC) (NASDAQ symbol “SNFCA”) announced financial results for the quarter ended June 30, 2024. For the three months ended June 30, 2024, SNFC’s after tax earnings increase nearly 15% from $6,353,000 in 2023 to $7,272,000 in 2024. For the six months ended June 30, 2024, after tax earnings increased 94% to $14,746,000 from $7,593,000 in 2023. Scott M. Quist, President of the Company, said: “I am quite pleased with our Company’s financial performance in the first half of 2024. To have a 95% increase in pretax income over 2023 is an excellent performance. In my view our operational income was even better. Because we have substantial real estate investments, sometimes the associated investment income can be a little “lumpy”, just given...

QuoteMedia Announces Financial Results for Q2 2024

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

PHOENIX, Aug. 14, 2024 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the quarter ended June 30, 2024. QuoteMedia provides banks, brokerage firms, private equity firms, financial planners and sophisticated investors with a more economical, higher quality alternative source of stock market data and related research information. We compete with several larger legacy organizations and a modest community of other smaller companies. QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (financial content for website integration) and applications such as Quotestream Professional desktop and mobile. Highlights for Q2 2024 include the following: Quarterly...

Grieg Seafood ASA: Presentation of second quarter 2024 results

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

Grieg Seafood ASA will release its second quarter 2024 results on Wednesday, 21 August 2024, at 6:00 a.m. CEST. The same day at 10:45 a.m. CEST, CEO Andreas Kvame and CFO Atle Harald Sandtorv will present the results live at “Vestland på Børs” at Scandic Flesland Airport. A live webcast from the presentation can be accessed at https://investor.griegseafood.com/reports-&-presentations#quarterly or with the following link: https://channel.royalcast.com/landingpage/hegnarmedia/20240821_22/. For further enquiries, please contact: Andreas Kvame, CEO Cell phone: +47 907 71 441 Atle Harald Sandtorv, CFO Cell phone +47 908 45 252 About Grieg Seafood Grieg Seafood ASA is one of the world’s leading salmon farmers. Our farms are in Finnmark and Rogaland in Norway, and British Columbia as well as Newfoundland in Canada. Our headquarter...

AppTech Payments Reports Positive Second Quarter Financial Results and Strategic Progress

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

CARLSBAD, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) — AppTech Payments Corp. (Nasdaq: APCX) (“AppTech” or the “Company”), a pioneering Fintech company powering frictionless commerce, today announces its financial results for the second quarter ended June 30, 2024, showcasing strategic progress and continued operational efficiency. Financial Highlights Revenue PerformanceReported revenue of approximately $76 thousand for Q2 2024, reflecting a decrease of $134 thousand in the same period last year due to lower merchant processing revenue. This decrease aligns with the Company’s strategic decision to prioritize long-term growth through multiple integrations and the licensing of its innovative product offerings. These initiatives are expected to contribute positively to future quarters, subject to market adoption and customer uptake. Operating...

Atlantic American Corporation Reports Second Quarter Results for 2024

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

ATLANTA, Aug. 14, 2024 (GLOBE NEWSWIRE) — Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $0.7 million, or $(0.04) per diluted share, for the three month period ended June 30, 2024, compared to net income of $1.7 million, or $0.08 per diluted share, for the three month period ended June 30, 2023. The Company had net loss of $2.7 million, or $(0.14) per diluted share, for the six month period ended June 30, 2024, compared to net income of $0.3 million, or $0.00 per diluted share, for the six month period ended June 30, 2023. The increase in net loss for the three month and six month periods ended June 30, 2024 was primarily the result of unfavorable loss experience in the Company’s life and health operations, as well as in the Company’s property and casualty operations, compared to the prior year periods. Operating...

Kvika banki hf.: Financial Results for Q2 2024

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

At a board meeting on 14 August 2024, the Board of Directors and the CEO approved the interim financial statements of the Kvika banki hf. (“Kvika” or “the bank”) for the second quarter and first six months of 2024. In Kvika’s financial statements for the period the insurance subsidiary TM tryggingar hf. (“TM”) is classified as held for sale. As a result, and in accordance with international financial reporting standards, the Group reports income from operations of TM in a single line in the consolidated income statement as profit after tax from discontinued operations. The comparative figures of operations from 2023 have been restated accordingly. Highlights of performance in the second quarter (Q2 2024) Post-tax profit of the group as a whole amounts to ISK 1,256 million in Q2 2024, compared to ISK 745 million in Q2 2023 and increases...

CORRECTION – Base Carbon Reports Second-Quarter 2024 Operating and Financial Results

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline on Wednesday, August 14th by Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF), please note that in the financial highlights chart, the references to “loss per share” have been updated to “income per share”. The corrected release follows: Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce its second-quarter 2024 consolidated financial results and operational highlights. All financial references are denominated in U.S. dollars, unless otherwise noted. Company Highlights for the Three and Six Months Ended June 30, 2024: Continued generation and sale of carbon credits from...

Interim Financial Report H1

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

Company Announcement No. 6 – 2024to Nasdaq Copenhagen 2024.08.14 Interim Report 2nd quarter 2024 In the second quarter of 2024 AO achieved a revenue of DKK 1,302m, an EBITDA of DKK 75m, and an EBT of DKK 38m. The revenue development was slightly better than expected. Market activity in general was similar to the same period last year. With one more working day in the quarter the like-for-like sales improved over the quarter returning to positive growth towards the end of the quarter. Organic revenue development adjusted for acquisitions and number of working days was -1.6% for the quarter. Reported revenue growth was 2.8%. Financial Highlights (DKKm) Q2 2024 Q2 2023 H1 2024 H1 2023 Net Revenue 1,301.8 1,266.1 2,552.8 2,670.3 Gross Margin 296.3 299.0 589.2 632.9 EBITDA 75.1 ...

Day: August 14, 2024

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