Month: August 2024

TORONTO, Aug. 19, 2024 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”, TSX: PVS.PR.F, PVS.PR.G, PVS.PR.H, PVS.PR.I, PVS.PR.J, PVS.PR.K) announced today that the net asset value per unit was $128.34 as at June 30, 2024. All amounts are in U.S. dollars. Income available for distribution for the six-month period ended June 30, 2024, was $42 million compared to $37 million in the prior year period. Dividend income was higher in the current period due to an increase in the dividend rate by Brookfield Corporation (the “Corporation”, NYSE/TSX: BN) and Brookfield Asset Management Inc. (the “Manager”, NYSE/TSX: BAM). Net comprehensive income of $160 million decreased compared to the prior period primarily due to lower unrealized mark-to-market gains on the Corporation and Manager shares prices. On a per share basis, the fair...

TORONTO, Aug. 19, 2024 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT, PVF.PR.V) announced today its financial results for the six months ended June 30, 2024. All amounts are stated in U.S. dollars. The Company recorded net income of $94.5 million for the three months ended June 30, 2024, compared to a net loss of $120.4 million in the prior year quarter. The increase in net Income was primarily due to current period remeasurement gains of $94.6 million associated with the retractable shares, compared to remeasurement losses of $118.8 million in the prior year quarter. The Company’s retractable common shares are classified as liabilities due to their cash retraction feature. The remeasurement gains or losses in a given period are driven by the respective appreciation or depreciation of the Partners...

Quarterly net revenues were RMB458.9 million (US$63.1 million)1Quarterly lidar shipments were 86,526 units SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) — Hesai Group (“Hesai” or the “Company”), (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended June 30, 2024. Operational Highlights  Three monthsended June 30, 2024   Six monthsended June 30, 2024ADAS lidar shipments  80,773   133,235Autonomous Mobility lidar shipments  5,753   12,392Total lidar shipments 86,526   145,627       Q2 2024 ADAS lidar shipments were 80,773 units, representing an increase of 76.8% from 45,694 units in the corresponding period of 2023. Q2 2024 Total lidar shipments were 86,526 units, representing an increase of 66.1%...

KAPALUA, Hawaii, Aug. 19, 2024 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the six month period ended June 30, 2024. “Maui Land & Pineapple Company’s mid-year results reflect positive momentum as we activate our vast portfolio of prime assets into productive use, thus supporting improved economic stability for the company and value creation for shareholders. With our mission of meeting the critical needs of our Maui community, combined with a profound sense of urgency, our team is focused on supporting local businesses and improving the quality of life on Maui,” said CEO, Race Randle. Second Quarter 2024 Highlights Strategic investments to reposition our commercial centers with a focus on supporting businesses impacted by the August 2023 Maui wildfires has...

Q2 Digital Colocation Business Revenue increased 77% Y/YQ2 Energy Management Business Revenue increased 70% Y/YCompany Optimized and Reduced Q2 SG&A Expenses by 42% Y/YQ2 2024 Total Revenue Increased 24% Y/Y and Increased 75% YTD (6 months) of 2024 MIDLAND, Pa., Aug. 19, 2024 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”, “the Company”), a publicly traded digital infrastructure provider headquartered in the United States, today announced its unaudited financial and operational results for the second quarter of fiscal year 2024 ended June 30, 2024. Rahul Mewawalla, CEO and President of Mawson, said, “We are pleased to deliver another solid quarter, including growth of our digital colocation business with revenue increasing by 77% this quarter, and growth of our energy management business...

OWINGS MILLS, Md., Aug. 19, 2024 (GLOBE NEWSWIRE) — Universal Security Instruments, Inc. (NYSE Amex: UUU) today announced results for its fiscal quarter ended June 30, 2024. The Company reported sales of $4,598,516 for the quarter ended June 30, 2024, versus $6,698,771 for the comparable period of last year. The Company reported a net loss of $442,206 or $(0.19) per basic and diluted share, compared to net income of $165,130, or $0.07 per basic and diluted share, for the same period last year. Harvey Grossblatt – President and CEO said: “Sales were lower due to supply chain delays in obtaining components for the Company’s security products, and gross margins were reduced in the June quarter by higher ocean freight and component costs.”      UNIVERSAL SECURITY INSTRUMENTS, INC. is a distributor of safety and security devices....

Revenue of $58.7 million for Q2 2024 and $124.7 for 1H 2024 Net loss of $11.6 million for Q2 2024 and $17.9 for 1H 2024 Gross profit (exclusive of depreciation and amortization) of $12.6 million for Q2 2024 and $31.2 for 1H 2024 Media margin of $15.7 million for Q2 2024 and $37.8 million for 1H 2024 Adjusted EBITDA of negative $4.5 million for Q2 2024 and $3.8 million for 1H 2024 Adjusted net loss of $7.3 million for Q2 2024 and $11.5 for 1H 2024NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the second quarter ended June 30, 2024. Don Patrick, Fluent’s Chief Executive Officer, commented, “We continued to drive key strategic initiatives in the second quarter of 2024 to accelerate our strategic pivot as we position...