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Month: September 2024

ParaZero Announces First Half of 2024 Financial Results

TEL AVIV, Israel, Sept. 03, 2024 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft, reported today its financial results for the six months ended June 30, 2024. Key Highlights of ParaZero’s Achievements in the First Half of 2024 & Recent Updates:Enhanced presence in the defense market: announced partnership with a Tier 1 defense OEM company to adapt and integrate its cutting-edge drone safety system for operational military and medical missions use. The company received the first 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. Entered the...

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Sportsman’s Warehouse Holdings, Inc. Announces Second Quarter 2024 Financial Results

Provides update to its full year 2024 guidance WEST JORDAN, Utah, Sept. 03, 2024 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen weeks ended August 3, 2024. “We continued to make substantial progress on our initiatives to reset the business and improve our overall operations; however, we were disappointed that sales and margins came in below our expectations,” said Paul Stone, Chief Executive Officer and President. “While we were more aggressive with our promotional activities during the quarter, our core customer remains firmly under pressure due to the difficult macroenvironment and pullback in discretionary spending. We will continue to carefully manage the business and find ways to take non-customer...

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Zscaler Reports Fourth Quarter and Fiscal 2024 Financial Results

Fourth Quarter HighlightsRevenue grows 30% year-over-year to $592.9 million Calculated billings grows 27% year-over-year to $910.8 million Deferred revenue grows 32% year-over-year to $1,895.0 million GAAP net loss of $14.9 million compared to GAAP net loss of $30.7 million on a year-over-year basis Non-GAAP net income of $140.6 million compared to non-GAAP net income of $100.9 million on a year-over-year basisSAN JOSE, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) — Zscaler, Inc. (Nasdaq: ZS), the leader in cloud security, today announced financial results for its fiscal fourth quarter and fiscal year ended July 31, 2024. “We ended a successful Fiscal 2024 with Q4 results exceeding the high end of our guidance across all metrics,” said Jay Chaudhry, Chairman and CEO of Zscaler. “Customers adoption of our Zero Trust Exchange platform...

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GitLab Reports Second Quarter Fiscal Year 2025 Financial Results

Second Quarter Fiscal Year 2025 Highlights:Total revenue of $182.6 million, up 31% year-over-year Significant year-over-year GAAP and Non-GAAP operating margin expansion Operating cash flow of $11.7 million and Non-GAAP adjusted free cash flow of $10.8 millionSAN FRANCISCO, Sept. 03, 2024 (GLOBE NEWSWIRE) — All-Remote-GitLab Inc. (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today reported financial results for its second quarter fiscal year 2025, ended July 31, 2024. “Organizations need to deliver software faster to accelerate performance and respond to intense competition,” said Sid Sijbrandij, GitLab CEO and co-founder. “Our results show the combination of our end-to-end platform and AI solutions are driving results for our customers by aligning to business goals, providing measurable benefits, and...

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Phillips Edison & Company Increases Monthly Dividend Distribution by 5.1% to $0.1025 Per Common Share

CINCINNATI, Sept. 03, 2024 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced that its Board of Directors (the “Board”) approved a 5.1% increase to the monthly dividend distributions payable October 1, 2024 and November 1, 2024 to common stockholders of record as of September 16, 2024 and October 15, 2024, respectively. The Board approved the distribution at a rate of $0.1025 per share of the Company’s common stock. When annualized, this is equal to a rate of $1.23 per share, representing an increase of 5.1% over the previous annualized rate of $1.17 per share. Operating partnership unit holders receive distributions at the same rate as common stockholders,...

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HealthEquity Reports Second Quarter Ended July 31, 2024 Financial Results

Announces $300 Million Stock Repurchase Program Highlights of the second quarter include:Revenue of $299.9 million, an increase of 23% compared to $243.5 million in Q2 FY24. Net income of $35.8 million, compared to $10.6 million in Q2 FY24, with non-GAAP net income of $76.3 million, an increase of 67% compared to $45.6 million in Q2 FY24. Net income per diluted share of $0.40, compared to $0.12 in Q2 FY24, with non-GAAP net income per diluted share of $0.86, compared to $0.53 in Q2 FY24. Adjusted EBITDA of $128.3 million, an increase of 46% compared to $88.1 million in Q2 FY24. 9.4 million HSAs, an increase of 15% compared to Q2 FY24. Total HSA Assets of $29.5 billion, an increase of 27% compared to Q2 FY24. 16.3 million Total Accounts, including both HSAs and complementary CDBs, an increase of 9% compared to Q2 FY24.DRAPER, Utah,...

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Blue Biofuels Produces Ethanol in High Yield from Multiple Feedstocks in its Upscaled CTS Process

Blue Biofuels Inc. Achieves Major Milestone in Commercializing Cellulose-to-Sugar (CTS) Technology with Cellulosic Ethanol from Multiple Feedstocks Palm Beach Gardens, FL, Sept. 03, 2024 (GLOBE NEWSWIRE) — Blue Biofuels Inc. (OTC: BIOF) is pleased to announce another significant advancement of its proprietary Cellulose-to-Sugar (CTS) technology. The company has successfully produced cellulosic ethanol in high yields from multiple biomass feedstocks, showing the flexibility of its patented process. This achievement is the result of processing biomass from King Grass, Sugar Cane Bagasse, and Corn Stover on the company’s upscaled CTS pilot line. The sugars produced from our CTS process were successfully fermented into ethanol in high yield. This is a strong confirmation that the CTS process produces fermentable sugars with no...

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Sun Communities, Inc. Declares Third Quarter 2024 Distribution

Southfield, MI, Sept. 03, 2024 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”) a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas (collectively, the “properties”), today announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the third quarter of 2024. The distribution is payable on October 15, 2024 to shareholders of record on September 30, 2024. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of June 30, 2024, owned, operated, or had an interest in a portfolio of 666 developed properties comprising approximately 181,760 developed sites and approximately 48,140 wet slips and dry storage spaces in the United...

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Cherokee Federal’s Growth Capital Division Acquires Majority Stake in ATA, LLC

Federal contracting leader completes first investment under new firm, Sovereign CapitalCherokee Federal’s Growth Capital Division Acquires Majority Stake in ATA, LLCSovereign Capital is a growth capital firm created to leverage Cherokee Federal’s deep experience in the federal contracting market. For the initial investment, it has acquired a majority stake in Advanced Technology Applications (ATA).Cherokee Federal Launches Growth Capital DivisionSovereign Capital specializes in funding founder-led companies in the government contracting marketplace, investing both capital and proven strategies for rapid growth and market dominance.TULSA, Okla., Sept. 03, 2024 (GLOBE NEWSWIRE) — Cherokee Federal, a division of Cherokee Nation Businesses (CNB), today announced the launch of Sovereign Capital, a growth capital...

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Toll Brothers Announces New Luxury Condominium Community Coming Soon to Chantilly, Virginia

CHANTILLY, Va., Sept. 03, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced a new community, Commonwealth Place at Westfields – The Belle Haven Collection, is coming soon to Chantilly, Virginia. The newest collection at this exclusive Toll Brothers community will include townhome-style luxury condos ideally located within walking distance to Westfields Center. Site work is underway, and the community is anticipated to open for sale in late fall 2024. The Belle Haven Collection at Commonwealth Place at Westfields will feature a selection of floor plans ranging from 1,342 to 1,767+ square feet with distinct architecture. One- and two-story condominium home designs will offer two bedrooms, open concept floor plans, balconies, 2-car tandem garages, and professionally...

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