Day: August 21, 2024

Zoom Video Communications Reports Financial Results for the Second Quarter of Fiscal Year 2025

Second quarter total revenue of $1,162.5 million, up 2.1% year over year as reported and 2.4% in constant currency Second quarter Enterprise revenue of $682.8 million, up 3.5% year over year Second quarter GAAP operating margin of 17.4% and non-GAAP operating margin of 39.2% Second quarter operating cash flow of $449.3 million, up 33.7% year over year Repurchased approximately 4.8 million shares of common stock in Q2 SAN JOSE, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results for the second fiscal quarter ended July 31, 2024. “In Q2, we outperformed our guidance across the board and grew operating cash flow and free cash flow by 33.7% and 26.2% year over year, respectively, demonstrating our continued commitment to efficient growth. We also saw strength in...

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EDF: EDF announces the success of its senior multi-tranche green bond issue for a nominal amount of 310 million Swiss Francs

EDF announces the success of its senior multi-tranche green bond issue for a nominal amount of 310 million Swiss Francs On 21 August 2024, EDF (BBB positive S&P / Baa1 stable Moody’s / BBB+ stable Fitch) successfully raised 310 million Swiss francs in 2 tranches of senior Green Bonds: CHF 155 million bond, with a 5-year maturity and a 1.5650% fixed coupon; CHF 155 million bond, with a 8-year maturity and a 1.7425% fixed coupon. An amount equal to the net proceeds of the Bonds will be used to finance and/or refinance investments as defined in EDF’s Green Financing Framework (1) and aligned with the European taxonomy to renewable energy and hydro power projects. This transaction enables EDF to finance its strategy and objective to contribute to achieving carbon neutrality by 2050. The EDF Group is a key player in the energy transition,...

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Woodward to Participate in Fireside Chat Hosted by Goldman Sachs

FORT COLLINS, Colo., Aug. 21, 2024 (GLOBE NEWSWIRE) — Woodward (NASDAQ: WWD) today announced that Chip Blankenship, Chairman and Chief Executive Officer, and Bill Lacey, Chief Financial Officer, will participate in a virtual fireside chat hosted by Noah Poponak of Goldman Sachs on Wednesday, August 28, 2024 at 11:00 a.m. ET. To register and join the webcast, visit this link at least 10 minutes before the event start time. CLICK HERE TO REGISTER: Woodward and Goldman Sachs Fireside Chat August 28 A live webcast of the event will be available on the investor relations section of the Woodward website at Woodward – Events & Presentations where it will remain accessible for 14 days following the event. About Woodward, Inc.  Woodward is the global leader in the design, manufacture, and service of energy conversion and control...

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Apple Rush Company, Inc. Achieves Milestone with First Million-Dollar Quarter

Record-Breaking 14,185% Revenue Growth in the First Half of 2024 ORLANDO, FL, Aug. 21, 2024 (GLOBE NEWSWIRE) — Apple Rush Company, Inc. (OTCPK:APRU), a leading player in the functional beverage industry, proudly reports its 2nd quarter financials.  The results in the first half of the year are due to the success of the operating subsidiaries.  Apple Rush Company, Inc has structured itself as a holding company focused on the beverage and nutraceutical space.  The results come from botanical extraction, brewing, co-packing, and product development.  Tony Torgerud, CEO of APRU, stated, “It is my pleasure to inform our valued stakeholders of the success we have achieved through our growth by acquisition initiatives started in 2022. We decided it would be beneficial for everyone to seek acquisitions that could produce rapid revenue...

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The M&A Advisor Names Brian Marynowitz Winner of 15th Annual Emerging Leader Awards

LBMC Shareholder Nationally Recognized for Excellence in M&A and Community Impact The M&A Advisor Names LBMC’s Brian Marynowitz Winner of 15th Annual Emerging Leader Awards LBMC Shareholder Nationally Recognized for Excellence in M&A and Community Impact Nashville, Tenn., Aug. 21, 2024 (GLOBE NEWSWIRE) — LBMC, a top accounting and business consulting firm in the nation, proudly announces that Brian Marynowitz has been named a recipient of The 2024 M&A Advisor’s 15th Annual Emerging Leaders Award. The M&A Advisor, a globally renowned organization known for recognizing and showcasing leading M&A, financing, and turnaround professionals, established this awards program to honor excellence and foster mentorship and professional development among emerging leaders in the corporate finance and...

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EMGS reports second quarter 2024 results

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the second quarter of 2024 are attached. Summary: * The Company recorded revenues of USD 13.8 million, up from USD 0.2 million in the second quarter of 2023 and up from USD 0.2 million in the first quarter of 2024. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 7.0 million, up from negative USD 1.8 million in the second quarter of 2023. * Free cash decreased with USD 2.8 million during the quarter, to USD 5.9 million. * The Atlantic Guardian completed the acquisition of the fully prefunded multi-client survey in Brazil and started transiting towards Norway. A pre-recorded presentation will be available over the internet from 21:00 (local time Norway) today. To access the...

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Breeze Holdings Acquisition Corp. Provides Update on Trading Status and Potential Business Combination

IRVING, Texas, Aug. 21, 2024 (GLOBE NEWSWIRE) — Breeze Holdings Acquisition Corp. (OTCQX: BRZH) (“Breeze” or the “Company”), has been informed its application to trade on the OTCQX Best Market has been approved. As a result, the Company’s common stock and warrants under the tickers “BRZH” and “BRZHW,” respectively, have begun trading on the OTCQX, effective today, August 21, 2024. On August 9, 2024, Breeze filed a Current Report on Form 8-K with the Securities and Exchange Commission (the “SEC”) announcing that TV Ammo, Inc. terminated the business combination with Breeze. It remains the intention of the Company to continue pursuing a business combination transaction, and the Company anticipates providing additional updates on this matter as the management team makes progress identifying a potential target company. As of today,...

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Bavarian Nordic Receives 440,000 Dose Contract to Supply Smallpox and Mpox Vaccines for Undisclosed European Country

The order was anticipated as part of the 2024 guidance and has no impact on the remaining 2024/25 capacity for the Company’s smallpox and mpox vaccine. COPENHAGEN, Denmark, August 21, 2024 – Bavarian Nordic A/S (OMX: BAVA) today announced the award of a contract of 440,000 doses to supply its MVA-BN® smallpox/mpox vaccine to an undisclosed European country. Paul Chaplin, President & CEO of Bavarian Nordic, said: “Since the last mpox outbreak in 2022/23 Bavarian Nordic has established a strong strategic partnership with a number of authorities that have recognized the need to improve their preparedness against smallpox and mpox. Importantly, the latest order was planned as part of our original guidance for this year, and as such, will not impact the remaining capacity that is available to support governments and organizations to...

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GenFlat Holdings Announces New Member of Advisory Committee

– Sanjay Tejwani to become seventh member of GenFlat Advisory Committee – LONG BEACH, Calif., Aug. 21, 2024 (GLOBE NEWSWIRE) — GenFlat Holdings, Inc. (OTC Pink: GFLT), the pioneer in collapsible shipping container technology is pleased to welcome Sanjay Tejwani as a new member to the Advisory Committee. “Our advisory committee now comprises of professionals with decades of experienced in ocean shipping, container leasing, rail, trucking, freight forward, retail and third-party logistics,” said Drew Hall, Chief Executive Officer. “Sanjay brings with him thirty years of experience in the Global Ocean Transportation & Logistics Industry with leading organizations and is a well-known and respected industry leader.” About Sanjay Tejwani Sanjay Tejwani is the founder and CEO of 365 Logistics LLC, a Delaware, USA based organization...

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Park Street A/S – Issue identified related to performed share capital reduction

Park Street A/S – Issue identified related to performed share capital reduction With reference to company announcement of 26 April 2024 regarding the general meeting’s approval of a share capital reduction, and the subsequent execution of the share capital reduction by cancellation of 2,955,585 treasury class A shares (the listed shares) and 12,164,865 treasury class B shares (the unlisted shares) performed on 30 May 2024, Park Street A/S (the “Company”) would like to inform that an unfortunate issue relating to the cancellation of the 2,955,585 treasury class A shares has been identified. Due to an unfortunate mistake in the Company’s share register, the amount of treasury class A shares held by the Company has appeared higher than it was, whereby the Company has performed a share capital reduction by cancellation...

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