Day: August 15, 2024

Schellman & Company, LLC Announces Acquisition of INSYTE CPAs, LLC Practice

Written by Customer Service on August 15, 2024. Posted in Mergers And Acquisitions.

Enhanced Team Offers Additional Breadth of Expertise for Clients TAMPA, Fla., Aug. 15, 2024 (GLOBE NEWSWIRE) — Schellman & Company, LLC, a leading provider of attestation and compliance services and a top 50 CPA firm, is pleased to announce the successful acquisition of INSYTE CPAs, LLC practice. As part of the transaction, INSYTE’s clients and personnel will transition to Schellman. Their shared client-centric approach to delivering tailored solutions and best-in-class service serves as an excellent complement to the strategic fit between the two firms. Headquartered in Birmingham, Alabama, and led by founder and Managing Partner, Cindy Wyatt, INSYTE CPAs has built a stellar reputation in the areas of risk management, internal control, and business processes. At the same time, Schellman has established itself as a trusted...

Electric Aircraft Market is Estimated to Develop at a Stellar 20% CAGR through 2031 | SkyQuest Technology

Written by Customer Service on August 15, 2024. Posted in Mergers And Acquisitions.

Westford USA, Aug. 15, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the electric aircraft market will attain a value of USD 45.41 billion by 2031, with a CAGR of 20% over the forecast period (2024-2031). Growing emphasis on emission reduction from the aviation industry and high investments in the electrification of aircraft are projected to bolster the demand for Electric Aircraft going forward. The launch of innovative new electric aircraft propulsion systems will create new opportunities for market growth in the future. Download a detailed overview: https://www.skyquestt.com/sample-request/electric-aircraft-market Browse in-depth TOC on “Electric Aircraft Market”Pages – 157 Tables – 172 Figures – 79Electric Aircraft Market Overview:Report Coverage DetailsMarket Revenue in 2023 $ 10.6...

NowVertical Group Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

Company Hosting Investor Webinar on Monday August 19, 2024, at 10am Eastern Time • Q2 2024 Revenue was $12.3 million, a 12% decrease Y/Y• Q2 2024 Revenue adjusted for recent divestitures was $9.4 million, a 2% increase Y/Y• Q2 2024 Adjusted EBITDA was $1.8 million, an 18% increase Y/Y• Q2 2024 Adjusted EBITDA excluding recent divestitures was $1.5 million, a 12% increase Y/Y TORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (“NOW” or the “Company”), a leading data analytics and AI solutions company, announces its financial results for the three months ended June 30, 2024 (“Q2 2024”). Unless otherwise specified, all dollar amounts are expressed in U.S. dollars. Selected Financial Highlights for the Three Months Ended June 30, 2024:Revenue was $12.3 million in Q2 2024, a 12% decrease from...

Twin Disc Announces Full Year & Fourth Quarter Results

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

MILWAUKEE, Aug. 15, 2024 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the fourth quarter and full fiscal year 2024 ended June 30, 2024. Fiscal Full Year 2024 HighlightsSales increased 6.6% year-over-year to $295.1 million Net income attributable to Twin Disc was $11.0 million EBITDA* increased 2.9% year-over-year to $26.5 million Robust operating cash flow of $33.7 million Free cash flow* of $25.0 million compared to $15.0 million in the year-ago period Strong six-month backlog of $133.7 million supported by consistent end market demandFiscal Fourth Quarter 2024 HighlightsSales increased 0.6% year-over-year to $84.4 million Net income attributable to Twin Disc was $7.4 million Robust operating cash flow of $11.5 million Free cash flow* of $10.4 million compared to $14.9 million in the year-ago...

Lifeward Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

Record ReWalk revenue with 20 systems placed Q2’24 revenue of $6.7M up over 400% compared to $1.3M in Q2’23 Medicare claims for submissions from prior quarters beginning to be paidMARLBOROUGH, Mass. and YOKNEAM ILLIT, Israel, Aug. 15, 2024 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (DBA Lifeward™), (Nasdaq: LFWD) (“Lifeward” or the “Company”), a global market leader delivering life-changing solutions to revolutionize what is possible in rehabilitation, recovery, and the pursuit of life’s passions in the face of physical limitation or disability, today announced its financial results for the three months and six months ended June 30, 2024. Recent Highlights and Milestones for LifewardThe CMS Home Health Rule and Medicare Pricing achieved by Lifeward is now fully functional with widespread approvals and the beginning of payments...

PainReform Provides Business Update for the Second Quarter of 2024

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

Reaches full enrollment in the second part of Phase 3 clinical trial of PRF-110 in bunionectomy Remains on track to announce top-line data in late 2024 New highly scalable manufacturing process expected to significantly enhance future commercialization efforts TEL AVIV, Israel, Aug. 15, 2024 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX) (“PainReform” or the “Company“), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today provided a business update for the second quarter ended June 30, 2024. Ehud Geller, Chairman and interim Chief Executive Officer of PainReform, stated, “We are pleased to report a number of recent milestones that have helped advance the clinical development of PRF-110, our lead drug candidate, targeting the post-operative extended...

CAPREIT Announces Increased August 2024 Distribution

Written by Customer Service on August 15, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its August 2024 monthly distribution in the amount of $0.125 per Unit (or $1.50 on an annualized basis). The August 2024 distribution will be payable on September 16, 2024 to Unitholders of record at the close of business on August 30, 2024. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2024, CAPREIT owns approximately 64,200 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $16.6 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 110%. For...

ERES REIT Declares August 2024 Monthly Distribution

Written by Customer Service on August 15, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the August 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “August Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on August 30, 2024, with payment on September 16, 2024. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01497 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

Flagship Communities Real Estate Investment Trust Announces August 2024 Cash Distribution

Written by Customer Service on August 15, 2024. Posted in Dividend Reports And Estimates.

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Aug. 15, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of August 2024, representing US$0.59 per REIT unit on an annual basis. Payment will be made on or about September 16, 2024, to unitholders of record as of the close of business on August 30, 2024. Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. Unitholders should consult their own tax advisors for advice with respect to the tax consequences of receiving a distribution from the REIT in their own circumstances. About Flagship Communities Real Estate Investment Trust Flagship...

Traws Pharma Reports Q2 2024 Financial Results, Provides Recent Business Highlights

Written by Customer Service on August 15, 2024. Posted in Earnings Releases And Operating Results.

Merger with Trawsfynydd Therapeutics, Inc (“Trawsfynydd”) and concurrent private placement of $14 million (cash runway to support planned operations through year end), with recently achieved clinical milestones, put Traws on track to achieve key readouts for the clinical pipeline in H2 2024 and beyondLead antiviral program, tivoxavir marboxil, for influenza, including avian flu, is dosing the first cohort in the Phase 1 dose extension study in Australia COVID-19 program, ratutrelvir, completed the Phase 1 single-ascending dose (SAD) and multiple-ascending dose (MAD) study in Australia Oncology strategy includes investigator-sponsored trials (ISTs), planned to begin in H2 2024, adding a new dimension to the narazaciclib program, with continued investigator support for rigosertib Corporate update call planned for August 15, 2024 at 8:00...

Day: August 15, 2024

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