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Month: August 2024

VCI Global to Announce First Half 2024 Financial Results on August 19th, 2024

KUALA LUMPUR, Malaysia, Aug. 15, 2024 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global”, “VCIG”, or the “Company”) today announced that it will release its financial results for its first half ended June 30th, 2024, before markets open on August 19th, 2024. VCI Global’s management team will hold earnings call at 8:26 a.m. Eastern Time on August 19th, 2024, to discuss the Company’s financial and business outlook. Please call the conference telephone number 10 minutes prior to the start time. To access the call:Dial-In Number: 1-857-232-0157Access Code: 422095 An archived version of the conference call will be available for replay at https://www.smallcapvoice.com/interview-vci-global-vcig/ beginning at 12:00 p.m. ET on Monday, August,19th, 2024. “We are excited and look forward to sharing the progress...

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Financial results for Q2 2024 in line with expectations

Announcement no. 11-2024 15 August 2024 North Media CEO Lasse Ingemann Brodt commented on the results for Q2 2024: “Consolidated revenue grew by 47% in Q2 2024 and EBITDA grew by 31%, driven by the SDR business, which we acquired in late 2023. There was also a slight improvement in FK Distribution as a result of more customers increasing their volumes of printed matter. We took an important step in the integration of SDR with our first automated packing of printed matter for households in Sweden, and we are now accelerating the implementation of this and expect it to be fully implemented by the end of the 2nd quarter of 2025. Revenue in the Digital Services business area was flat, while increased costs of the continued transformation of BoligPortal and the establishment of a future strategic platform for Ofir and Bekey caused a drop in...

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Superior Energy Services Announces Second Quarter 2024 Results and Conference Call

HOUSTON, Aug. 15, 2024 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) filed its Form 10-Q for the period ended June 30, 2024. In accordance with the Company’s Shareholders Agreement, it will host a conference call with shareholders on August 16, 2024. For the second quarter of 2024, the Company reported net income from continuing operations of $29.5 million, or $1.46 per diluted share, with revenue of $201.1 million. This compares to net income from continuing operations of $37.9 million or $1.88 per diluted share, with revenue of $208.6 million, for the first quarter of 2024. The Company’s Adjusted EBITDA (a non-GAAP measure defined on page 4) was $60.0 million compared to $68.1 million for the first quarter of 2024. Refer to pages 11 and 12 for a reconciliation of Adjusted EBITDA to GAAP results. Brian Moore,...

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AMERANT BANK NAMED THE OFFICIAL BANK OF FORT LAUDERDALE UNITED FC

Partnership includes designation as Founding Partner of the clubAmerant Bank x FTL UTCOfficial Bank of Fort Lauderdale United FCAmerant Bank x FTL UTCOfficial Bank of Fort Lauderdale United FCFORT LAUDERDALE, FL, Aug. 15, 2024 (GLOBE NEWSWIRE) — Amerant Bank, Florida’s bank of choice with a growing presence across South Florida, today announced a strategic partnership becoming the Official Bank of Fort Lauderdale United FC (FTL UTD) – the regions only professional women’s soccer team, that will participate in the USL Super League’s inaugural season beginning this month. “At Amerant Bank, we believe in the power of community and the importance of supporting initiatives that drive equality and opportunity,” said Jerry Plush, Chairman and CEO of Amerant Bank. “Partnering with Fort Lauderdale United FC aligns perfectly...

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Network Automation Market to Surpass Market Valuation of USD 33.79 Billion by 2031 | SkyQuest Technology

Westford USA, Aug. 15, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Network Automation Market will reach a value of USD 33.79 Billion by 2031, with a CAGR of 22.60% during the forecast period (2024-2031). Network automation has emerged as the most indispensable technology and is currently ruling several domains. On the business level, where professionals find difficulty maintaining and managing networking infrastructure, network automation offers the best assistance. Hence, businesses are increasingly adopting these solutions and services since they significantly help in reducing human errors. Moreover, the higher availability of cloud-based storage is also impacting the market growth. Download a detailed overview: https://www.skyquestt.com/sample-request/network-automation-market Browse in-depth TOC on the “Network...

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Xylo Technologies: ParaZero Received Order from a Leading Tier-One Defense Company for 50 Drone Safety Systems

TEL AVIV, Israel, Aug. 15, 2024 (GLOBE NEWSWIRE) — Xylo Technologies Ltd. (Nasdaq: XYLO) (“Xylo” or the “Company”), a technology-based company engaged in advanced innovative technologies, announced today that ParaZero Technologies Ltd. (Nasdaq: PRZO) ( “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft (18.68% owned by Xylo), initiated a partnership with a leading Tier 1 defense OEM company to adapt and integrate its advanced drone safety system for operational military and medical mission use. ParaZero received an initial order as part of a wider collaboration that aims to enhance the efficiency and safety of medical field mission’s deliveries, particularly in critical and remote areas. In the initial phase, ParaZero will provide 50 systems to the...

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MangoRx Reports 1,685% Increase in Shareholders’ Equity From December 31, 2023, to $13.8MM, and 56% Increase in Year-Over-Year Revenue for First Half of 2024

Dallas, Texas, Aug. 15, 2024 (GLOBE NEWSWIRE) — Mangoceuticals, Inc. (NASDAQ: MGRX) (“MangoRx” or the “Company”), a company focused on developing, marketing, and selling a variety of men’s health and wellness products in the area of erectile dysfunction (ED), hair growth, weight loss, and hormone replacement therapies, today announced its financial results for the three and six months ending June 30, 2024, showing a significant growth in both shareholder’s equity and gross revenues. During the six months ending June 30, 2024, MangoRx’s shareholder equity increased to $13,829,445, compared to $774,754 as of December 31, 2023, reflecting an increase of 1,685%, or $13,054,691. A substantial portion of this increase is attributed to the Company’s recent acquisition of the comprehensive global patent portfolio surrounding respiratory...

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Protect Pharmaceutical Corp. (PRTT) Announces New CEO and New Director; Moves to Finalize the Karinca Logistics Merger

ANKARA, Turkey, Aug. 15, 2024 (GLOBE NEWSWIRE) — Protect Pharmaceutical Corp. (OTC: PRTT) (“Company”) announces the appointment of a new CEO, restructuring of the Board of Directors, and looks to finalize the merger agreement with Karinca Logistics – www.karincalogistics.com. The Company appointed Ozgur Ozcan as CEO and Director and George Athanasiadis as Director. Further, the Company accepted the resignations of Ali Yildiz as CEO and Tatiana Aleinikov as VP of Operations. The Board restructuring and the appointment of the new CEO are the first steps to ensure a smooth transition with the merger, which should be finalized in the next few days in Turkey. Ozgur Ozcan, PRTT’s CEO, stated, “This is an exciting time for the Company. I look forward to working towards our goals within the Company. I will...

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Blüm Holdings Inc. Reports Second Quarter 2024 Financial Results, Showcasing Strategic Progress and Net Income of $23.4 Million

SANTA ANA, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) — Blüm Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announced its financial results for the second quarter ended June 30, 2024. These results not only reflect our strong financial performance but also underscore the effectiveness of our ongoing strategic restructuring, debt reduction, and operational streamlining. Second Quarter 2024 HighlightsTransformative Sale of Blüm Santa Ana: In June 2024, we completed the sale of our controlling interest in People’s First Choice, LLC (“PFC”), which owns and operates the Blüm Santa Ana dispensary, to Haven Nectar LLC. This sale, a pivotal move in our restructuring strategy, provided $24.8 million in total consideration, including...

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Montana Technologies Announces Memorandum of Understanding with TenX Investment to Deploy AirJoule® for Water Security and Sustainability in the United Arab Emirates

Montana Technologies and TenX signed a Memorandum of Understanding to explore options for deploying AirJoule® units to enhance energy efficiency and water security in the United Arab Emirates.Clockwise from top right: Ramdas Rao, President, International at Montana Technologies; Pat Eilers, Executive Chairman of Montana Technologies; Husain Al Awadhi, Managing Director at TenX; and Abdulrahman Al-Suwaidi, Managing Director at TenX.RONAN, Mont., Aug. 15, 2024 (GLOBE NEWSWIRE) — Montana Technologies Corporation (NASDAQ: AIRJ) (“Montana Technologies” or the “Company”), the developer of the transformational AirJoule® technology for atmospheric water generation, is pleased to announce the signing of a Memorandum of Understanding (“MOU”) with TenX Investment in Energy Enterprises & Management Co. LLC (“TenX”) to address...

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