Day: October 28, 2024

Correction: cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%

Written by Customer Service on October 28, 2024. Posted in Dividend Reports And Estimates.

Company Announcement no. 10/2024 cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-30%Copenhagen, November 28, 2024cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”. The “Base” stream aims to achieve annual revenue growth of 10-15% by strengthening and expanding existing operations and customer relationships. In parallel, the “Stepping Stones” initiative aims to lift annual revenue growth to 30%, by increasing contract values and winning larger international contracts. cBrain continues to execute its growth strategy, building a robust pipeline of major opportunities. This is facilitated by a growing number...

cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28%

Written by Customer Service on October 28, 2024. Posted in Dividend Reports And Estimates.

Company Announcement no. 10/2024 cBrain lowers expected yearly revenue growth to 10-15%, but maintains EBT margin of 24-28%Copenhagen, November 28, 2024cBrain (NASDAQ: CBRAIN) is executing its international growth plan with a financial goal of reaching total revenue of 350 million DKK in 2025. This goal is anchored in two primary revenue streams, referred to as “Base” and “Stepping stones”. The “Base” stream aims to achieve annual revenue growth of 10-15% by strengthening and expanding existing operations and customer relationships. In parallel, the “Stepping Stones” initiative aims to lift annual revenue growth to 30%, by increasing contract values and winning larger international contracts. cBrain continues to execute its growth strategy, building a robust pipeline of major opportunities. This is facilitated by a growing number...

DMG Blockchain Solutions Announces Purchase of Reactor.xyz to Offer Hashrate Contracts

Written by Customer Service on October 28, 2024. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Oct. 28, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a leading vertically integrated blockchain and data center technology company, has announced its acquisition of Reactor.xyz (“Reactor”) from Navier, Inc. (“Navier”), a prominent provider of bespoke data center deployments specializing in digital asset mining and artificial intelligence (AI). Reactor is a highly-optimized solution to automate and manage hashrate contracts. Specifically unique to the software, for which there are several patent applications, is its balancing algorithm that assures hashrate delivery. A hashrate contract allows Bitcoin miners — who typically sell hashrate directly to a pool — to sell their hashrate to buyers willing to pay upfront for a specified...

Akoya Bioscience to Report Third Quarter 2024 Financial Results on November 14, 2024

Written by Customer Service on October 28, 2024. Posted in Public Companies.

MARLBOROUGH, Mass., Oct. 28, 2024 (GLOBE NEWSWIRE) — Akoya Biosciences, Inc. (Nasdaq: AKYA) (“Akoya”), The Spatial Biology Company®, today announced that it will release financial results for the third quarter of 2024 after the market closes on Thursday, November 14, 2024. Company management will host a conference call to discuss financial results at 5:00 p.m. ET. Investors interested in listening to the conference call are required to register online. It is recommended to register at least a day in advance. A live and archived webcast of the event will be available on the “Investors” section of the Akoya website at https://investors.akoyabio.com/. About Akoya Biosciences As The Spatial Biology Company®, Akoya Biosciences’ mission is to bring context to the world of biology and human health through the power of spatial phenotyping....

Nexalin Technology Announces Landmark Study on Alzheimer’s Disease and Deep Intracranial Frequency Stimulation Published in Journal of Alzheimer’s Disease

Written by Customer Service on October 28, 2024. Posted in Public Companies.

New Data Confirms DIFS Improves Cognitive Function and Restores Brain Activity in Alzheimer’s PatientsHOUSTON, TX, Oct. 28, 2024 (GLOBE NEWSWIRE) — Nexalin Technology, Inc. (Nasdaq: NXL; NXLIW) (the “Company” or “Nexalin”) today announced publication of a landmark study titled, “Altered Neuronal Activity Patterns of the Prefrontal Cortex in Alzheimer’s Disease After Transcranial Alternating Current Stimulation (tACS): A Resting-State Functional Magnetic Resonance Imaging Studyi” in the Journal of Alzheimer’s Disease. This study builds on recent findings from Nexalin’s Deep Intracranial Frequency Stimulation (DIFS) research and further highlights the effectiveness of non-invasive neurostimulation in enhancing brain function and improving cognitive performance in patients with mild Alzheimer’s disease (AD). This...

Coherent Commences Review of Strategic Alternatives for Its Lithium Sulfur Battery Platform

Written by Customer Service on October 28, 2024. Posted in Public Companies.

PITTSBURGH, Oct. 28, 2024 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that it is evaluating strategic alternatives for its battery technology platform. The platform encompasses a suite of cathode, electrolyte, and cell technologies built around the breakthrough sulfur immobilization technology developed by Coherent over the past decade. Cells based on immobilized sulfur cathodes have achieved industry-leading performance, finally unlocking the potential of sulfur as a battery cathode. These innovations have been recognized with multiple funding awards from the U.S. Department of Energy Vehicle Technologies Office (DOE VTO) and the Intelligence Advanced Research Projects Agency (IARPA), and are protected by 4 issued and 13 pending patents. The announcement...

Navitas Previews Advances in GaN and SiC Technologies, Including Industry’s First 8.5 kW AI Data Center Power Supply at electronica 2024

Written by Customer Service on October 28, 2024. Posted in Public Companies.

Explore the latest GaN and SiC technologies to ‘Electrify Our World’ & deliver the most efficient and reliable power solutions for AI data centers, EVs, and consumer markets, from 20 W to 20 MWNavitas Previews Advances in GaN and SiC Technologies, Including Industry’s First 8.5 kW AI Data Center Power Supply at electronica 2024Explore the latest GaN and SiC technologies to ‘Electrify Our World’ & deliver the most efficient and reliable power solutions for AI data centers, EVs, and consumer markets, from 20 W to 20 MWTORRANCE, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology, has announced it will preview several breakthroughs...

TOMI Environmental Solutions Announces Preliminary Financial Results for Third Quarter 2024 With Continued Profitability and Global Market Expansion

Written by Customer Service on October 28, 2024. Posted in Public Companies.

FREDERICK, Md., Oct. 28, 2024 (GLOBE NEWSWIRE) — TOMI Environmental Solutions, Inc.® (“TOMI” or the “Company”) (NASDAQ: TOMZ), a global company specializing in disinfection and decontamination, today announced preliminary financial results for Q3 2024, marking strong growth and two consecutive quarters of profitability. TOMI is expecting a 73% increase in revenue for the three months ended September 30, 2024 compared to the same period in 2023, along with a 14.5% increase for the first nine months of 2024 (YTD) as compared to the same period in 2023. Furthermore, as compared to the same period in 2023, BIT Solution sales are expected to increase 13% YTD and SteraMist mobile equipment sale is expected to increase by 90% YTD. The Company expects to report positive net income for the quarter. As previously announced, the Company expects...

Westwood Holdings Group Partners With ETF Leader Ben Fulton to Expand and Scale ETF Platform

Written by Customer Service on October 28, 2024. Posted in Public Companies.

Westwood has entered into a partnership with ETF veteran Ben Fulton to scale Westwood’s ETF platform, offering investors and advisors new, highly innovative strategies Our new partnership called WEBs—”Westwood Engineered Beta”—will apply a proprietary strategy seeking to provide a more stable investment experience and better risk-adjusted returns to investors Westwood will form the partnership by investing in WEBs Investments Inc. and will provide distribution resources and administrative support, with an option to buy the entity in the future Ben Fulton, a recognized ETF industry leader and pioneer, grew Invesco’s PowerShares ETF platform from $200 million to $80 billion during his tenure from 2005 to 2013, first as EVP, Global Product Development and later as Head of Global ETFs Chris Doran, Westwood’s Head of ETF Distribution...

PSB Holdings, Inc. Reports Earnings of $0.69 per Share for Q3 2024; Net Interest Margin and Tangible Book Value Increase; Asset Quality Improves

Written by Customer Service on October 28, 2024. Posted in Earnings Releases And Operating Results.

WAUSAU, Wis., Oct. 28, 2024 (GLOBE NEWSWIRE) — PSB Holdings, Inc. (“PSB”) (OTCQX: PSBQ), the holding company for Peoples State Bank (“Peoples”) serving Northcentral and Southeastern Wisconsin reported third quarter earnings ending September 30, 2024 of $0.69 per common share on net income of $2.9 million, compared to $0.56 per common share on net income of $2.3 million during the second quarter ending June 30, 2024, and $0.29 per common share on net income of $1.2 million during the third quarter ending September 30, 2023. PSB’s third quarter 2024 operating results reflected the following changes from the second quarter of 2024: (1) higher net interest margin increased 6 basis points; (2) slightly lower non-interest income; (3) lower non-interest expense due to the second quarter reflecting elevated severance expenses; and (4)...

Day: October 28, 2024

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