October 16, 2024 – Page 7

Biomerica Reports First Quarter Fiscal 2025 Financial Results

Written by Customer Service on October 16, 2024. Posted in Earnings Releases And Operating Results.

Total Revenue Increases 6% Over Same Period Last Year Cost-Saving Measures Now Implemented, Expected to Reduce Annual Expenses by 16% to 23%, Representing $1.0 to $1.4 Million Reduction Biomerica’s At-Home PSA Screening Test Receives Saudi Food and Drug Authority (SFDA) Approval for Early Detection of Prostate Cancer IRVINE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — Biomerica, Inc. (Nasdaq: BMRA), (the “Company”) a global provider of advanced medical diagnostic and therapeutic products today reported financial results for the first quarter of fiscal 2025 ended August 31, 2024. Key Highlights: Saudi FDA Approval for At-Home PSA Screening TestBiomerica’s Fortel® Prostate (PSA) Screening Test has received approval from the SFDA. This at-home diagnostic tool enables men to detect early signs of prostate cancer using...

DZS Sells Service Assurance and WiFi Management Software Portfolio to AXON Networks

Written by Customer Service on October 16, 2024. Posted in Mergers And Acquisitions.

Transaction expands the strategic partnership between both companies and enables DZS to focus on its category-defining Broadband Networking, Connectivity and Cloud Edge portfolio DALLAS and IRVINE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — DZS (OTC: DZSI), a global leader of Networking, Connectivity and Cloud Edge software solutions and AXON Networks (AXON), a global leader of advanced Service Management and Orchestration solutions, today announced the acquisition of DZS’ Service Assurance and WiFi Management software portfolio by AXON Networks. The all-cash, $34 million transaction transfers all CloudCheck, Expresse and TruSpeed assets and IP patents to AXON, along with a highly skilled development team and long-time marquee customers. These products will be integrated into AXON’s Network-as-a-Service (NaaS) portfolio, while DZS...

Text Request Acquired by Commify to Further U.S. Market Expansion

Written by Customer Service on October 16, 2024. Posted in Mergers And Acquisitions.

Commify’s largest acquisition to-date doubles its scale in the United States and positions both brands for significant growth. Commify Logo Commify Logo Text Request Acquired by Commify to Further U.S. Market Expansion Commify Adds Text Request to Portfolio of Messaging Brands CHATTANOOGA, TENN., Oct. 16, 2024 (GLOBE NEWSWIRE) — Text Request, the business text messaging platform founded and headquartered in Chattanooga, Tennessee, today announced its acquisition by the U.K-based global messaging solutions leader Commify. Text Request will remain in Chattanooga, and become a base for further U.S. market expansion. Text Request was founded in 2014 by Brian Elrod, Jamey Elrod, and Rob Reagan to help businesses better connect with their customers through text messaging. In the decade since, the company has garnered numerous...

Breast Implants Market to Surpass USD 4.46 Billion By 2031 | SkyQuest Technology

Written by Customer Service on October 16, 2024. Posted in Mergers And Acquisitions.

Discover the booming Breast Implants Market, projected to surge from $2.50 billion in 2023 to $4.46 billion by 2031, driven by rising demand in both reconstructive and cosmetic surgeries. Explore insights on product types, shapes, and regional trends as the market grows at a robust CAGR of 7.49%! Westford, USA, Oct. 16, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Breast Implants Market will reach a value of USD 4.46 Billion by 2031, with a CAGR of 7.49% during the forecast period (2024-2031). The upgradation of physical appearance has been a major factor responsible for the growth of this global market. Moreover, the rising incidence of breast cancer is another factor that has driven this market forward. In extreme instances of this condition, mastectomy surgery, that is removal of the whole organ, has to be done...

Identity Verification Market to Reach USD 39.73 Billion by 2031

Written by Customer Service on October 16, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Oct. 16, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Identity Verification Market will reach a value of USD 39.73 Billion by 2031, with a CAGR of 16.7% during the forecast period (2024-2031). The increasing identity-related fraud and cybercrime have given rise to initiatives in digitization. The increase in use cases of data security across sectors fuels the business of identity verification. Moreover, policies initiated by organizations and governments toward digitization and the implementation of advanced technologies such as automation, machine learning, and AI in identity verification systems would give them ample opportunity to introduce their identity verification solutions. Download a detailed overview: https://www.skyquestt.com/sample-request/identity-verification-market Browse in-depth TOC...

ISC to Release 2024 Third Quarter Financial Results on November 5, 2024

Written by Customer Service on October 16, 2024. Posted in Earnings Releases And Operating Results.

REGINA, Saskatchewan, Oct. 16, 2024 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) advises that it will release its financial results for the third quarter ended September 30, 2024 on Tuesday, November 5, 2024 after market close. ISC’s Unaudited Condensed Consolidated Interim Financial Statements and Notes and Management’s Discussion and Analysis for the third quarter ended September 30, 2024 will be available on SEDAR+ at www.sedarplus.ca and our website at www.isc.ca. An investor conference call will be held on Wednesday, November 6, 2024 at 11:00 a.m. ET to discuss the results. Those joining the call on a listen-only basis are encouraged to join the live audio webcast, which will be available on ISC’s website at www.company.isc.ca/investor-relations/events. Participants who wish to ask...

Wave Life Sciences Announces Upcoming Virtual Research Day on Wednesday, October 30, 2024

Written by Customer Service on October 16, 2024. Posted in Public Companies.

Event will highlight WVE-006 for AATD and Wave’s rapidly advancing, wholly owned pipeline of RNA medicines, including introducing new RNA editing programs and new preclinical data for WVE-007 INHBE program for obesity CAMBRIDGE, Mass., Oct. 16, 2024 (GLOBE NEWSWIRE) — Wave Life Sciences Ltd. (Nasdaq: WVE), a clinical-stage biotechnology company focused on unlocking the broad potential of RNA medicines to transform human health, today announced it will host a virtual Research Day on Wednesday, October 30, 2024 at 10:00 a.m. ET (until 11:30 a.m. ET). During the event, Wave will provide an update on its rapidly advancing, wholly owned pipeline, introduce new GalNAc-conjugated RNA editing and siRNA programs, and discuss its clinically validated discovery and drug development platform, including its novel chemistry innovations enabling...

Thrive Acquires Michigan-based Safety Net

Written by Customer Service on October 16, 2024. Posted in Mergers And Acquisitions.

Leading Global MSP/MSSP Establishes Midwest Presence BOSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) — Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today announced the acquisition of Safety Net, a leading Michigan-based IT services firm. With the acquisition, Thrive will expand its reach to the Midwest, enabling Safety Net’s customers to have access to Thrive’s industry-leading global Security Operation Center (SOC) & Hybrid Cloud solutions. Thrive’s mission is to empower their customers to harness the promise of technology, achieving success by proactively utilizing IT, cybersecurity, and Cloud best practices to drive ROI and desired business outcomes for their valued clients. The union of Thrive and Safety Net will ensure that customers in Michigan will continue to enjoy the...

Ocean Power Technologies to exhibit Autonomous Vehicle Services at ADIPEC with Unique Group

Written by Customer Service on October 16, 2024. Posted in Public Companies.

Ships WAM-V to the United Arab Emirates MONROE TOWNSHIP, N.J., Oct. 16, 2024 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (NYSE American: OPTT) (“OPT” or the “Company”), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced it has shipped a WAM-V Unmanned Surface Vehicle (“USV”) to the UAE. This follows the June 2024 announcement of its partnership with Unique Group (“Unique”), a UAE headquartered offshore services and equipment provider, offering multiple products and services to customers in a range of industry sectors. Unique has more than 500 employees and operational bases around the world. Unique and OPT will exhibit the 22ft WAM-V at ADIPEC, which takes place from 4-7 November 2024 in Abu Dhabi and brings together more than 2,200 organizations from the full spectrum...

23andMe Announces Completion of 1-for-20 Reverse Stock Split

Written by Customer Service on October 16, 2024. Posted in Public Companies.

SUNNYVALE, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — 23andMe Holding Co. (Nasdaq: ME) (the “Company” or “23andMe”), announced today the completion of the previously announced 1-for-20 reverse stock split of the Company’s Class A and Class B common stock and confirmed that such reverse stock split became effective as of 12:01 a.m. EST on October 16, 2024 (the “Effective Time”). The Company effected the reverse stock split by filing an amendment to the Company’s Certificate of Incorporation with the Secretary of State of the State of Delaware. The Company’s Class A common stock began trading on The Nasdaq Capital Market on a split-adjusted basis when the market opened today, October 16, 2024, under a new CUSIP number, 90138Q306. As a result of the reverse stock split, each 20 shares of the Company’s Class A and Class B common stock...

Day: October 16, 2024

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