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Month: August 2024

Mullen Announces Its Dealer Eco Auto’s Expansion and Purchase of 180 Commercial EVs

Eco Auto Expands East Coast Reach into Pennsylvania, Connecticut, Rhode Island, New Hampshire, Maine and VermontEco is Mullen’s authorized commercial EV dealer based outside Boston, MA.Eco to purchase 130 Class 1 EV cargo vans and 50 Class 3 EV trucks over the next 18 months for an estimated value of $7.7 million, with new deliveries beginning in September 2024 Mullen expands its East Coast reach into Pennsylvania, Connecticut, Rhode Island, New Hampshire, Maine and Vermont through Eco AutoBREA, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its Boston area dealer, Eco Auto (“Eco”), a dedicated EV dealer, will expand to cover national fleet opportunities in Pennsylvania, Connecticut,...

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Virios Therapeutics Announces Second Quarter 2024 Financial Results

– Bateman Horne Center completed enrollment in its groundbreaking investigator-initiated Long-COVID phase 2a study featuring valacyclovir and celecoxib (IMC-2) – – Top-line results from the Bateman Horne Center’s Long-COVID phase 2a study expected in October 2024, will provide key insights into final design of planned Phase 2b study – ATLANTA, Aug. 08, 2024 (GLOBE NEWSWIRE) — Virios Therapeutics, Inc. (Nasdaq: VIRI) (the “Company”), a development-stage biotechnology company focused on advancing novel antiviral therapies to treat debilitating chronic diseases, including fibromyalgia (“FM”) and Long-COVID (“LC”), today announced financial results for the second quarter ended June 30, 2024. Key HighlightsCompletion of enrollment in the BHC-202 3-arm study, which is comparing two dose levels of the valacyclovir/celecoxib...

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Live Ventures Reports Fiscal Third Quarter 2024 Financial Results

LAS VEGAS, Aug. 08, 2024 (GLOBE NEWSWIRE) — Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its third fiscal quarter ended June 30, 2024.  Fiscal Third Quarter 2024 Key Highlights:Revenue increased 35.4% to $123.9 million, compared to $91.5 million in the prior year period Net loss was $2.9 million and diluted loss per share was $0.91, compared to prior year period net income of $1.1 million and diluted earnings per share (“EPS”) of $0.33 Adjusted EBITDA¹ was $6.1 million, compared to $9.6 million in the prior year period Total assets of $436.8 million and stockholders’ equity of $92.7 million as of June 30, 2024 Approximately $34.4 million of cash and availability under the Company’s credit facilities as of June 30, 2024“Our...

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Saga Communications, Inc. Reports 2nd Quarter 2024 Results

GROSSE POINTE FARMS, Mich., Aug. 08, 2024 (GLOBE NEWSWIRE) — Saga Communications, Inc. (Nasdaq – SGA) (the “Company” or “Saga”) today reported that net revenue decreased 1.5% to $28.7 million for the quarter ended June 30, 2024 compared to $29.2 million for the same period last year. Station operating expense increased 5.1% for the quarter to $23.5 million compared to the same period last year. For the quarter, operating income was $2.1 million compared to $4.3 million for the same quarter last year and station operating income (a non-GAAP financial measure) decreased to $6.4 million from $8.0 million for the same period last year. Capital expenditures were $1.5 million for the quarter compared to $1.3 million for the same period last year. We had net income of $2.5 million for the quarter compared to net income of $3.4 million...

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Montana Technologies announces agreement with Climate Impact Corporation to collaborate on atmospheric water generation for renewable hydrogen production

The integration of the AirJoule® atmospheric water harvesting technology into renewable hydrogen modules will allow hydrogen to be produced economically anywhere that has high sun exposure – including the world’s deserts RONAN, Mont., Aug. 08, 2024 (GLOBE NEWSWIRE) — Montana Technologies Corporation (NASDAQ: AIRJ) (“Montana Technologies”), the developer of the transformational AirJoule® technology for atmospheric water generation, today announced that it has signed a Memorandum of Understanding with Climate Impact Corporation (“CIC”) to collaborate on the development of CIC’s renewable hydrogen production modules. Using AirJoule® atmospheric water generators from Montana Technologies, CIC expects that its modular hydrogen production units will be able to produce hydrogen in areas with high sun exposure at a competitive USD$2 per...

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Progress Sitefinity Insight Certified as One of the Strongest CDPs for CMS and the Web by Customer Data Platform Institute

Multiple AI-powered features and seamless CMS integration influence Sitefinity Insight’s status as a RealCDP™ BURLINGTON, Mass., Aug. 08, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced that Progress® Sitefinity Insight® customer data platform (CDP) has been certified by the Customer Data Platform (CDP) Institute as a RealCDP™ for meeting specific standards and capabilities that are essential for managing and utilizing customer data effectively. Factors driving the rapid growth of the CDP market include the increasing importance of personalized customer experiences, the need for effective data management and the demand for compliance with data privacy regulations. CDPs help marketers by providing a unified and comprehensive view of customer...

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HouseWorks Continues Growth Strategy with New Partnership in Pennsylvania

Company continues commitment to growth and partnering with local leaders in core regions BOSTON , Aug. 08, 2024 (GLOBE NEWSWIRE) —  HouseWorks Holdings, LLC (the “Company”), a leading personal care services platform serving the Northeast, announces that it has acquired Bridge City Home Care, a leading Pittsburgh based provider of personal care services. With this acquisition, HouseWorks extends its footprint across Pennsylvania, delivering high-quality services through its care hubs in Philadelphia, Allentown, Harrisburg, Pittsburgh, and Erie, ensuring clients have access to HouseWorks’ services across the state. Furthermore, this will provide Medicaid and dual-eligible clients of Bridge City access to HouseWorks’ BetterCare at HomeTM model.  “We want to extend a warm welcome to the Bridge City caregivers, clients, and office employees...

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3D Bioprinting Market is Expected to Grow from USD 1.3 Billion 2023 to reach USD 5.92 Billion in 2031 | SkyQuest Technology

Westford, USA, Aug. 08, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the 3D Bioprinting Market will attain a value of $5.92 Billion by 2031, with a CAGR of 20.8% over the forecast period (2024-2031). The 3D bioprinting market is growing at a significant growth rate due to an aging population with chronic respiratory disorders and scarcity of organ donors. Rising R&D spending, technological advancement, and the rise in the prevalence of chronic illnesses are all expected to drive market expansion during the forecast period.  The ability of technology to create complex solid organs such as hearts, kidneys, and lungs for transplantation is driving the growing importance of 3D printing in the medical sector. 3D-printed organ replacement parts are generated from the patient’s blood cells; thus, they are less expected to...

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Castor Maritime Inc. Reports Net Income of $22.9 Million for the Three Months Ended June 30, 2024 and Net income of $45.2 Million for the Six Months Ended June 30, 2024

LIMASSOL, Cyprus, Aug. 08, 2024 (GLOBE NEWSWIRE) — Castor Maritime Inc. (NASDAQ: CTRM) (“Castor” or the “Company”), a diversified global shipping company, today announced its results for the three months and six months ended June 30, 2024. Earnings Highlights of the Second Quarter Ended June 30, 2024:Total vessel revenues: $16.3 million for the three months ended June 30, 2024, as compared to $25.3 million for the three months ended June 30, 2023, or a 35.6% decrease; Net income of $22.9 million for the three months ended June 30, 2024, as compared to net income of $8.2 million for the three months ended June 30, 2023, or a 179.3% increase; Earnings per common share, basic: $2.29 per share for the three months ended June 30, 2024, as compared to $0.86 per share for the three months ended June 30, 2023; EBITDA(1): $26.5 million...

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Biosensors Market Forecast to Grow at 8.0% CAGR from 2024 to 2031 | SkyQuest Technology

Westford, USA, Aug. 08, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Biosensors market will attain a value of USD 53.59 billion by 2031, with a CAGR of 8.0% over the forecast period (2024-2031). A high emphasis on sustainability has resulted in the integration of biology in technology. Growing demand for advanced medical devices and advancements in biomaterials are expected to primarily drive Biosensors market growth over the coming years.  Download a detailed overview:https://www.skyquestt.com/sample-request/biosensors-market Browse in-depth TOC on “Biosensors Market” Pages – 157 Tables – 67 Figures – 80Biosensors Market Overview:Report Coverage DetailsMarket Revenue in 2023 $ 28.9 billionEstimated Value by 2031 $ 53.59 billionGrowth Rate Poised to grow at a CAGR of 8.0%Forecast...

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