Day: September 5, 2024
Revenue Growth, Enhanced Profit Margins, and Strategic Software Innovations Highlight Mid-Year Performance
HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced its preliminary financial results for the first half of 2024, which concluded on June 30, 2024, as well as provided an update on the advancement of its software offerings.
Fr8Tech achieved a notable revenue increase of 6.6% year-over-year, reaching approximately $8.1 million for the first half of 2024. Further, revenue from the Fr8Fleet business grew over 100% compared to the previous year, driven by an 82% jump in shipments. The...
STEALTHGAS INC. Reports Second Quarter and Six Months 2024 Financial and Operating Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
ATHENS, Greece, Sept. 05, 2024 (GLOBE NEWSWIRE) — STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter and six months ended June 30, 2024.
OPERATIONAL AND FINANCIAL HIGHLIGHTSAll-time record quarterly Net Income of $25.8 million for the second quarter of 2024, a 145.8% increase compared to last year’s second quarter, corresponding to a basic EPS of $0.70.
Revenues increased by 13.9% compared to the same period of last year to $41.8 million. Voyage and operating expenses decreased by 10% and Income from operations increased by 59.5% compared to the same period of last year.
Further increased period coverage. About 85% of fleet days for remainder of 2024 are...
CSW Industrials Announces Upsize and Pricing of Public Offering of Common Stock
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DALLAS, Texas, Sept. 05, 2024 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI) today announced the upsize and pricing of its previously announced underwritten registered public offering of its common stock. The size of the offering increased from the previously announced 1,000,000 shares to 1,100,000 shares of the company’s common stock at a price to the public of $285 per share, for gross proceeds of approximately US$313.5 million, before the underwriting discount and estimated offering expenses. Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 165,000 shares of its common stock at the public offering price less the underwriting discount. The offering is expected to close on or about September 6, 2024, subject to market and other customary closing conditions.
The Company...
TerrAscend to Participate in the ATB Capital Markets 2024 Life Sciences Institutional Investor Conference on September 18th in NYC
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TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced that its executive management team will participate in the ATB Capital Markets 2024 Life Sciences Institutional Investor Conference being held on September 18, 2024 in New York City.
Jason Wild, Executive Chairman, will participate in a panel discussion, “Regulatory Ripples, Market Impacts: How Cannabis Reform Will Impact Valuations and Investor Engagement”, alongside Dan Ahrens, Chief Operating Officer of Advisor Shares and moderated by Frederico Gomes, Director of Institutional Research in Life Sciences at ATB Capital markets, on Wednesday, September 18th at 8:00 AM ET.
Management including Mr. Wild, Ziad Ghanem, Chief Executive Officer, and Keith Stauffer,...
Bridgeline Partners with Product Genius Technology for Patented Search Functionality for the Fastener Industry
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WOBURN, Mass., Sept. 05, 2024 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a global leader in AI-powered marketing technology, announces its partnership with Product Genius Technology, a leading provider of innovative solutions in the fastener industry. Bridgeline’s HawkSearch AI technology will leverage the solutions provider’s technology to enhance customer engagement and drive sales within the fastener eCommerce sector.
The partnership will allow HawkSearch to be the first to market with the patented Product Genius Technology™, an application that simplifies the search, sort, and display of complex product categories, such as fasteners. HawkSearch is a recognized leader in site search technology, offering tailored AI solutions that help customers find the right results. Together, the partners aim to increase...
Lifeward’s First Annual Step Challenge Donates €5,000 to German Association for People Living with Spinal Cord Injury
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As part of the fundraising “Step Challenge”, ReWalk users in Germany completed 424,844 steps to raise 5,000 Euros for the European Spinal Cord Injury Federation (“ESCIF”)
MARLBOROUGH, Mass., BERLIN, Germany, and YOKNEAM ILLIT, Israel, Sept. 05, 2024 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (DBA Lifeward™) (Nasdaq: LFWD) (“Lifeward” or the “Company”), a global market leader delivering life-changing solutions to revolutionize what is possible in rehabilitation, recovery, and the pursuit of life’s passions in the face of physical limitation or disability, is pleased to announce the successful completion of the first ReWalk Step Challenge 2024. This unique charity initiative brought together the community of ReWalk Personal Exoskeleton users in Germany with the aim of completing as many steps as possible in their ReWalk Exoskeleton...
Femasys to Exhibit at The Canadian Fertility and Andrology Society’s 70th Annual Meeting
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ATLANTA, Sept. 05, 2024 (GLOBE NEWSWIRE) — Femasys, Inc., (Nasdaq: FEMY), a leading biomedical company focused on addressing significant unmet needs of women worldwide with a broad portfolio of in-office, accessible, and innovative therapeutic and diagnostic products, announces that the Company will be exhibiting at the Canadian Fertility and Andrology Society’s (CFAS) 70th Annual Meeting, to be held September 12-14, 2024 at The Westin Bayshore, Vancouver, British Columbia. The Company will be exhibiting at Booth #S26.
Kathy-Lee Sepsick, Femasys Founder and CEO commented, “This is an important opportunity to connect with practitioners whose patients and clients would benefit from our suite of products. The conference comes at a particularly opportune moment as we recently announced the Canadian approval of FemVue MINI, our eco-friendly...
Rezolve AI and SPH AG Partner to Revolutionize Retail with Cutting-Edge AI Solutions
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Strategic Alliance Set to Transform Fashion, Sports, Lifestyle, and Retail Industries Through AI-Driven Innovation
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) — Rezolve AI (Nasdaq: RZLV), a global leader in artificial intelligence solutions, proudly announces a partnership with SPH AG, a leading IT and consulting company renowned for its digitalization and ERP expertise in the fashion, sports, lifestyle, and retail sectors. This alliance is poised to redefine the future of these industries through the deployment of Rezolve’s proprietary AI technologies, including BRAiN Commerce, BRAiN Checkout, and BRAiN Assistant.
Unleashing the Power of AI to Drive Business TransformationRezolve AI’s partnership with SPH AG is more than a collaboration; it’s a convergence of advanced AI technology and deep industry knowledge....
Vimeo Appoints Robert Petrocelli as Company’s First Chief Product & Technology Officer
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Robert “Bob” PetrocelliVimeo’s newly announced Chief Product & Technology OfficerNEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) — Vimeo (NASDAQ: VMEO), the world’s most innovative video experience platform for creators and enterprises, today announced the appointment of technology veteran Robert (“Bob”) Petrocelli as Chief Product & Technology Officer, effective September 9, 2024. Bob will be responsible for leading Vimeo’s global product and engineering teams as the company continues to propel technology innovation, deliver high-quality video experiences, and maximize customer value for businesses, creators and video pros around the world.
“As we ramp up investment in innovation and continue positioning Vimeo to power the future of video, bolstering our technology leadership is key. Bringing...
CleanCore Solutions, Inc. (ZONE) Announces Successful Installation of Over 200 Cleaning Systems at a Leading University in the United States
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Demonstrating ability to deliver chemical-free cleaning solutions to education sector
Omaha, NE, Sept. 05, 2024 (GLOBE NEWSWIRE) — CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of patented technology that works as a safe and low-cost replacement for traditional cleaning chemicals, announced today that it has successfully installed over 200 of its patented cleaning systems on the premise of a large and recognizable university located in the western United States. This installation began with a successful pilot program of 30 units of the Company’s products, and CleanCore’s contracts include training and support for employees.
The large university has implemented initiatives to become a chemical-free campus, and as a result of those initiatives, during the past 60 days, CleanCore has fulfilled...