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Month: October 2024

Q3 & 9 MONTHS 2024 RESULTS

Paris (France), October 31st, 2024, 17h45 CET Q3 & 9 MONTHS 2024 RESULTS DELIVERING ON CASH GENERATION AND FINANCIAL ROADMAP ON TRACK TO HIT OUR FULL YEAR TARGET  Q3 9M1Revenue2 $246m $778m (-3%)Adjusted EBITDA2 $98m $298m (+7%)Net Cash-Flow $10m $34m (vs -$15m in 9M 2023)Sophie Zurquiyah, Chief Executive Officer of Viridien, said: “Our results since the start of the year demonstrate the strength of our strategic vision, with technology leadership, new business growth, and cash flow all showing significant progress. Geoscience was particularly strong this quarter, leveraging its clear differentiation, best-in class imaging technology and HPC computing power to achieve a record high order book. In Earth Data, the Laconia project, using our most advanced technology, saw increased prefunding...

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Elis closes the acquisition of Wasned in the Netherlands

Elis closes the acquisition of Wasned in the Netherlands Saint-Cloud, 31 October 2024 – Elis, the global leader in circular services at work, today announces the acquisition of 100% of Laundry Services B.V. (« Wasned ») in the Netherlands. Wasned operates a modern plant located close to Utrecht (in the center of the country) and employs around 40 people. The group is mainly addressing clients in Hospitality. Following the acquisition of Moderna in February 2024, this new acquisition will enable to further strengthen Elis’ network in the buoyant Dutch Hospitality market. Furthermore, the current management team will remain in place and will contribute to pursuing the business development of Hospitality in the country. In 2023, the revenue was c. €7m. The acquisition will be consolidated from 1 November 2024. About Elis As the leader in...

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Eik fasteignafélag hf.: Interim results for the first nine months of 2024

The Interim Consolidated Financial Statements of Eik fasteignafélag hf. for the period 1 January to 30 September 2024 were approved by the Company’s Board of Directors and CEO on 31 October 2024.Income from operations amounted to ISK 8,514 millionThereof, rental income amounted to ISK 7,328 millionEBITDA amounted to 5,537 million Total comprehensive profit amounted to ISK 3,326 million. Net cash from operations amounted to ISK 3,551 million. The book value of investment properties amounted to ISK 139,957 million.  The book value of assets for own use amounted to ISK 5,893 million Change in value of investment properties amounted to ISK 4,345 million. Cash and cash equivalents amounted to ISK 1,683 million. Interest-bearing debt amounted to ISK 82,567 million Equity ratio was 33.2%. Earnings per share was ISK 0.97. Economic occupancy...

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Mortgage Rates Increase for the Fifth Consecutive Week

Primary Mortgage Market Survey®U.S. weekly average mortgage rates as of 10/31/2024MCLEAN, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.72 percent. “Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning of August,” said Sam Khater, Freddie Mac’s Chief Economist. “With several potential inflection points happening over the next week, including the jobs report, the 2024 election, and the Federal Reserve interest rate decision, we can expect mortgage rates to remain volatile. Although uncertainty will remain, it does appear mortgage rates are cresting, and we do not expect them to reach the highs that we saw earlier this year.” News...

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Verizon and the East Side Mosquito Abatement District utilize technology to fight mosquitoes

MODESTO, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — Verizon is providing reliable connectivity solutions to the East Side Mosquito Abatement District, supporting their mission to protect the Northern California community against mosquitoes and vector-borne diseases. Verizon’s reliable network boosts connectivity in the District Verizon Mobile Device Management (MDM) updates and manages field devices while its reliable network keeps them connected to one another. Aided by Verizon support personnel, the District can quickly and easily manage its growing number of devices when necessary. Verizon connectivity also enables the District to push VeeMAC solutions, including regular upgrades, to all of its cellular-connected iPad devices, allowing for real-time data from the field to be shared with other devices on the system in seconds. “With...

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Amesite’s Dr. Ann Marie Sastry Featured as Guest Speaker at the Newsmakers: Lesher Speaker Series

Amesite | Lesher Speaker Series: Clip 1DETROIT, Oct. 31, 2024 (GLOBE NEWSWIRE) — Amesite Inc. (NASDAQ: AMST), a pioneering technology company specializing in the development and marketing of B2C and B2B AI-driven solutions, announced today its Founder and CEO, Dr. Ann Marie Sastry, was featured as a guest speaker at the Lesher Foundation’s Newsmakers: 24/25 Season on October 24, 2024, following Former U.S. Representative Liz Cheney, Former World #1 Tennis Player and Founder of Chris Evert Charities, Chris Evert, Host of CNN’s Smerconish and Best-Selling Author, Michael Smerconish and other eminent thinkers and experts. Dr. Sastry talked about the impact of AI, and said that “AI allows you to reimagine yourself, and your capabilities.” Commenting on the impact of AI in healthcare, Dr. Sastry said,...

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Sage and Artis Trade Join Forces to Accelerate Document Automation and Drive Efficiency in Secured Finance

ATLANTA, Oct. 31, 2024 (GLOBE NEWSWIRE) — Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), announce a landmark partnership with Artis Trade Systems “Artis”, to automate document data entry and accelerate financial and document workflows for Secured Finance Lenders, Transportation and Commercial Companies. Artis is a technology company that provides performance tools for Secured Finance Lenders to increase efficiency, reduce costs, generate new sources of revenue and reduce credit risk. Artis also serves transportation, manufacturing, construction and other companies that are looking to reduce costs and improve their efficiency through document management and offering early payments at a discount. Through Sage’s AI Document Services, Artis’ customers will benefit from...

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PubMatic Named a Leader in Q4 2024 Analyst Report on Sell-Side Platforms

The leading global research firm declares PubMatic demonstrates “experience in supporting safe monetization across every major programmatic channel.” NO-HEADQUARTERS/REDWOOD CITY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) — PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, proudly announces its recognition as a Leader in The Forrester Wave™: Sell-Side Platforms, Q4 2024. According to the report from Forrester Research, a leading global research and advisory firm, “PubMatic is known for its scale, cross-channel support, and extensive experience dating back to programmatic advertising’s inception.” In the report, Forrester evaluated 10 top sell-side platforms (SSPs) based on 33 criteria spanning three categories: current offering, strategy, and market presence....

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Tevogen Bio Expands on Microsoft Partnership to Integrate Machine Learning and AI into Preclinical Processes, Accelerating Drug Development and Reducing Costs

Current timeline for drug development is 10-12 years and costs approximately $1-3 billion. Tevogen’s approach has the potential to shorten timelines and substantially reduce costs. Tevogen’s AI initiative, Tevogen.AI, will pursue two key objectives, applying machine learning to existing processes to accelerate drug development and lower costs, and using Microsoft’s industry leading AI tools to develop proprietary algorithms designed to decode the relationship between genetics and T cells.WARREN, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) — Tevogen Bio (“Tevogen” or “Tevogen Bio Holdings Inc.”) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T cell therapeutics to treat infectious disease and cancers, shares details of its partnership with Microsoft (Nasdaq: MSFT) for...

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