Month: August 2024

Appili Therapeutics Reports Financial and Operational Results for First Quarter of Fiscal Year 2025

Written by Customer Service on August 13, 2024. Posted in Earnings Releases And Operating Results.

Definitive agreement with Aditxt, if approved by Appili shareholders, provides significant premium to shareholders and resources to advance key programs ATI-1701 funding commitments from U.S. Air Force Academy and interactions with the U.S. Food and Drug Administration, confirming the development pathway through IND submission U.S. Food and Drug Administration meeting request submitted to discuss ATI-1801 registration strategy HALIFAX, Nova Scotia, Aug. 13, 2024 (GLOBE NEWSWIRE) — Appili Therapeutics Inc. (TSX:APLI; OTCPink: APLIF) (the “Company” or “Appili”), a biopharmaceutical company focused on drug development for infectious diseases and medical countermeasures, today announced its financial and operational results for the first quarter of its fiscal year 2025, which ended on June 30, 2024. All figures are stated in Canadian...

Etrion Releases Second Quarter 2024 Results

Written by Customer Service on August 13, 2024. Posted in Earnings Releases And Operating Results.

GENEVA, Aug. 13, 2024 (GLOBE NEWSWIRE) — Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) released today its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the three and six months ended June 30, 2024. Q2-24 HIGHLIGHTSEtrion closed the second quarter of 2024 with an unrestricted cash balance of US$5.9 million and a positive working capital of US$5.6 million.Management Comments: Marco A. Northland, the Company’s Chief Executive Officer, commented, “The Company going forward will maintain very limited resources and proceed with a windup of the Company as previously disclosed.” FINANCIAL SUMMARY Three months ended Six months endedUS$ thousands (unless otherwise stated) Q2-24 Q2-23 Q2-24 Q2-23 Financial...

K92 Mining Announces 2024 Q2 Financial Results – Strong Financial Position and Stage 3 and 4 Expansions Fully Financed

Written by Customer Service on August 13, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 13, 2024 (GLOBE NEWSWIRE) — K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce financial results for the three and six months ended June 30, 2024. ProductionQuarterly production of 24,347 ounces gold equivalent (“AuEq”) or 21,661 oz gold, 1,246,639 lbs copper and 26,754 oz silver (1). Production for the quarter was impacted by the temporary suspension of operations as previously announced. Cash costs of US$919/oz gold and all-in sustaining costs (“AISC”) of US$1,510/oz gold (2). Strong metallurgical recoveries in Q2 of 93.7% gold and 95.3% copper, representing the highest gold recoveries since Q4 2019 and record quarterly recoveries to date for copper. Quarterly ore processed of 95,582 tonnes and total ore mined of 99,209 tonnes, with long hole open stoping...

Lowell Farms Inc. Announces Unaudited Second Quarter 2024 Financial and Operational Results

Written by Customer Service on August 13, 2024. Posted in Earnings Releases And Operating Results.

SALINAS, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California cannabis company with advanced distribution and production capabilities including extraction, manufacturing, sales and brand management, announces unaudited revenue and operating results for the second quarter of 2024 (ended June 30, 2024). All figures stated are in US Dollars. Second Quarter Financial Highlights:Net revenue generated for the quarter ended June 30, 2024 decreased 50% to $3.5 million, as compared to $7.0 million for the second quarter last year. Net revenue decreased 27% from $4.9 million in the first quarter of 2024.CPG revenue decreased 11% for the quarter ended June 30, 2024 compared to the quarter ended June 30, 2023 and decreased 15% compared to the first quarter of 2024. Bulk Product...

Clairvest Reports Fiscal 2025 First Quarter Results

Written by Customer Service on August 13, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2025 first quarter ended June 30, 2024 and events which occurred subsequent to quarter end. (All figures are in Canadian dollars unless otherwise stated) HighlightsJune 30, 2024 book value was $1,186.2 million or $81.02 per share compared with $1,176.3 million or $80.16 per share as at March 31, 2024 Net income for the quarter ended June 30, 2024 was $23.9 million or $1.63 per share Clairvest and Clairvest Equity Partners VI (“CEP VI”) made two platform investments during the quarter to complete the CEP VI Fund investment program and Clairvest commenced the CEP VII investment program Clairvest and Clairvest Equity Partners V (“CEP V”) completed the sale of Durante Rentals Subsequent to quarter end, Clairvest, CEP V...

AirBoss Reports 2nd Quarter 2024 Results

Written by Customer Service on August 13, 2024. Posted in Earnings Releases And Operating Results.

NEWMARKET, Ontario, Aug. 13, 2024 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the “Company” or “AirBoss”) today announced its second quarter 2024 results. The Company will host a conference call and webcast to discuss the results on August 14th at 9:00 a.m. (ET), the details of which are outlined below. All dollar amounts are shown in thousands of United States dollars (“US $” or “$”), except per share amounts, unless otherwise noted. Recent HighlightsCommenced shipments in the third quarter of 2024 under AirBoss Manufactured Products’ defense business’ recently-announced contract valued at up to $45 million to provide its Bandolier multipurpose energetic system to a NATO partner nation; Declared a quarterly dividend of C$0.035 per common share; Retained TD Securities Inc....

Westport Reports Second Quarter 2024 Financial Results and Revises Segment Reporting

Written by Customer Service on August 13, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 13, 2024 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport“) (TSX:WPRT / Nasdaq:WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, reported financial results for the second quarter ended June 30, 2024, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated. “In the second quarter of 2024, we remained focused on implementing the Company’s three strategic pillars: harnessing the potential of our HPDI joint venture, enhancing operational excellence, and continuous innovation to shape the world’s hydrogen-powered future. We celebrated several accomplishments consistent with our priorities and continue to recognize we have more work to do. The closing of our HPDI joint venture with...

Beam Global Announces Record Second Quarter 2024 Operating Results

Written by Customer Service on August 13, 2024. Posted in Public Companies.

Conference Call Tuesday August 13, 2024 at 4:30 p.m. ET SAN DIEGO, Aug. 13, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), (the “Company”), a provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its second quarter results for the period ended Q2 2024. Q2 2024 Financial Highlights:Increased revenue 2% to $14.8 million over Q1 2024 Record gross margin of 16%, an increase over Q1 2024 of 6 percentage points 31% of revenue derived from commercial customers Backlog of $11 million; record pipeline of over $183 million Net cash used of $0.1 million in operating activities for the six months ended Q2 2024 Debt free and $100 million line of credit available and unusedQ2 2024 and Recent Operational Highlights:Q2 purchase orders up 129% year-over-year...

Inspirato Announces Second Quarter Results and Closing of $10 Million Investment Agreement with One Planet Group LLC

Written by Customer Service on August 13, 2024. Posted in Public Companies.

DENVER, Aug. 13, 2024 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel club, today announced its 2024 second quarter financial and operating results, the closing of its previously announced $10 million Investment Agreement with One Planet Group LLC (“One Planet Group”) and is in the process of implementing initiatives expected to reduce costs by approximately $25 million on an annualized basis. Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain additional non-GAAP financial measures in this press release’s supplemental tables, and such supplemental tables include a reconciliation...

Elicio Therapeutics Reports Second Quarter 2024 Financial Results and Provides Corporate Updates

Written by Customer Service on August 13, 2024. Posted in Public Companies.

• AMPLIFY-7P Phase 1 preliminary disease-free (“DFS”) survival demonstrates strong correlation between T cell response and reduced risk of progression or death• AMPLIFY-7P Phase 1 data presented at ASCO demonstrated 100% of patients develop mKRAS-specific T-cell response with ~66% of responses including both CD4+ and CD8+ T cells• Long term follow up of the AMPLIFY-201 Phase 1 study will be terminated, and long term follow up of the AMPLIFY-7P Phase 1 study will be minimized to collect only overall survival to preserve resources with updated data to be shared at upcoming medical meetings• AMPLIFY-7P Phase 2 randomized clinical trial anticipated to complete 135-patient enrollment in the fourth quarter of 2024• $43 million raised in 2024 funds Elicio into the second quarter of 2025 BOSTON, Aug. 13, 2024 (GLOBE NEWSWIRE) — Elicio...

Month: August 2024

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