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Day: November 13, 2024

Ethan Allen Recognized for Sustainable Wood Sourcing

2024 Most ImprovedEthan Allen awarded Wood Furniture Scorecard Most Improved for 2024DANBURY, CT, Nov. 13, 2024 (GLOBE NEWSWIRE) — The Sustainable Furnishings Council (SFC) and the National Wildlife Federation (NWF) recognized Ethan Allen for its wood-sourcing policies and commitment to sustainable wood used to make the furniture they sell. Ethan Allen was awarded the designation of “Most Improved” for 2024, which is given to only one furniture retailer per year. The majority of wood sourced by Ethan Allen in its furniture manufacturing is comprised of certified sustainable wood. At its Vermont case goods plant, the company also recycles wood chips and sawdust generated during manufacturing, using the recycled biomass to power wood-drying kilns and cogenerate electricity. “Ethan Allen has a long-standing commitment...

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IZEA Research Finds People Trust Influencer Marketing Over Traditional Advertising

Consumers are Seeing, Searching, and Shopping Brands on Social Media More Than EverIZEA Research Finds People Trust Influencer Marketing Over Traditional AdvertisingConsumers are Seeing, Searching, and Shopping Brands on Social Media More Than EverAdvertising impact on purchasesInfluencers are most likely to drive new purchases for 18-to-44-year-olds.Social search86% of respondents report searching for product information on social media, and 77% have made purchases directly through these platforms.Content Preferences Through the YearsInfluencer content continues to gain appeal, with 77% of respondents finding it more compelling than traditional ads-the highest preference recorded to date.ORLANDO, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) — IZEA Worldwide, Inc. (NASDAQ: IZEA), the leading influencer...

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Old National Launches Financial Education Podcast, Videos

‘Real-Life Finance’ podcast to focus on everyday financial solutions; ‘Smart Money Half-Minute’ videos designed to help young adults manage moneyReal-Life Finance PodcastReal-Life Finance PodcastEVANSVILLE, Ind., Nov. 13, 2024 (GLOBE NEWSWIRE) — (NASDAQ: ONB) – Old National Bancorp (“Old National”) is expanding upon its long-standing commitment as a leader in the financial education space with two new, engaging digital initiatives: a Real-Life Finance Podcast, and a Smart Money Half-Minute video series. The Real-Life Finance Podcast is a complement to Old National’s popular Real-Life Finance eLearning education platform and in-person workshops. Hosted by Old National Financial Empowerment Director Ben Joergens, each episode focuses on everyday financial solutions that empower listeners to build the financial future they...

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CORRECTION — LM Funding America, Inc. Reports Financial Results and Provides Business Update for the Third Quarter of 2024

Conference Call to Be Held Today at 11:00 am ET TAMPA, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by LM Funding America, Inc. (NASDAQ: LMFA), please note that the Balance Sheet table has been updated. The corrected release is as follows: LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today provided a business update and reported financial results for the three and nine months ended September 30, 2024. Financial highlightsHeld 142.3 Bitcoin on September 30, 2024, Valued at Approximately $12.4 Million Based on Recent Bitcoin Price of $87,000 Digital mining cost of revenues (exclusive of depreciation and amortization) as a percentage of digital mining revenues showed substantial...

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GlobalTech Corporation Announces Third Quarter 2024 Results

Net revenue grew by 78% on increases in telecom business RENO, Nev., Nov. 13, 2024 (GLOBE NEWSWIRE) — GlobalTech Corporation (GTC, OTC:GTLK)(“GlobalTech” or the “Company”), a leading U.S.-based technology investment holding company, today announced financial results for the third quarter of 2024. Q3 2024 Financial Highlights:Net Revenues grew $2.2 million, or 78.0% to $5.02 million for the third quarter of 2024, compared to the prior year’s quarter, led by higher international termination (telecom) business and other technology services Direct Operating Costs of $4.6 million, compared to $2.2 million in last year’s third quarter, due to higher interconnect costs Net Loss declined by $1.9 million to ($455,818), from ($2.3 million), in last year’s same period, primarily due to the increase in revenues, offset by the increase in...

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McGraw Hill Reports Year-to-Date Fiscal 2025 Financial Results Through the Second Quarter

Billings rose 16% to $1.6 billion after a successful back to school season marked by digital growth, share gains and innovationYear-to-Date Fiscal 2025 Financial ResultsYear-to-date total billings increased 16% to $1.6 billion during the seasonally important second quarterCOLUMBUS, Ohio, Nov. 13, 2024 (GLOBE NEWSWIRE) — McGraw Hill today announced second quarter and year-to-date financial results for the fiscal year 2025. Year-to-date total billings increased 16% to $1.6 billion during the seasonally important second quarter, driven by continued digital growth, significant wins in K-12 adoptions, and continued market share gains in higher education. Year-to-date adjusted EBITDA rose to $859 million, a 29% increase year-over-year. “Back to school is a critical part of the year for us as a global education company that...

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Innovative Food Holdings, Inc. Reports Financial Results for Third Quarter 2024

Key Third quarter data points:Revenue of $17.0 million, +0.3% vs. Q3 2023 Specialty Foodservice revenue +5.5% vs. Q3 2023; Q4 to date increased more than 25% Gross margin declined by 158 basis points vs. Q3 2023 to 25.2% GAAP net income from continuing operations of $1.3 million, compared to Q3 2023 net income of $0.1 million GAAP net income from continuing operations per fully diluted share of $0.026 vs. Q3 2023 of $0.003 Adjusted net income from continuing operations of $737 thousand, compared to Q3 2023 of $528 thousand Adjusted net income per fully diluted share of $0.014, compared to an adjusted net income per fully diluted share in Q3 2023 of $0.011 Adjusted EBITDA of $997 thousand, compared to $921 thousand in Q3 2023 Acquisition of Denver-based Golden Organics remains on track Results of new retail business will begin in Q4BONITA...

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RJD Green Inc.’s Management Discusses 2024 Fiscal Year- End Results and 2025 Expectations

TULSA, Okla., Nov. 13, 2024 (GLOBE NEWSWIRE) — RJD Green Inc. (OTCPK: RJDG) CEO Ron Brewer updates shareholders on 2024 fiscal year-ended August 31, 2024 results and targeted 2025 growth. Dear Valued RJD Green Shareholders, As we have finished our 2024 fiscal year end and are moving into the 2025 fiscal year, RJD Green’s management team would like to take the opportunity to update all existing and potential shareholders with the latest information on developments with the Company. Please be advised – this letter is not a substitute for reviewing our press releases and SEC filings. Some of this update is opinion – please note the forward-looking statements disclosure. We wanted to simplify the complexity and put our latest news items in context and keep you updated on our activities and events that may not rise to the level...

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BondWave Acquires Bitvore’s Fixed Income Data Analytics Business

NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) — BondWave LLC, a leading financial technology firm focused on fixed income solutions, announced today that it has completed its acquisition of Bitvore’s Fixed Income Data Analytics business. Terms of the acquisition were not disclosed. Founded in 2010, Bitvore is a leading AI company that provides some of the world’s largest financial institutions with unique business insights from unstructured data. Bitvore’s Fixed Income Data Analytics service leverages AI and machine learning technologies to sort through thousands of public news and other sources to provide targeted material data to investors in municipal bonds, providing additional transparency, and allowing users to make more informed investment decisions. The acquisition of Bitvore’s Fixed Income Data Analytics service further underscores...

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SEALSQ Aligns with COP29 Standards to Drive Sustainable Transformation in the IoT Industry

Geneva, Switzerland, Nov. 13, 2024 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a leader in the development of post-quantum technology, announced today its alignment with the newly adopted COP29 standards, setting a robust foundation for its commitment to sustainability within the IoT industry. The latest standards, agreed upon by participating nations at the UN COP29 climate summit in Baku, Azerbaijan, lay the groundwork for a transformative carbon crediting framework under the Paris Agreement. SEALSQ is prepared to play a critical role in helping companies efficiently manage their CO₂ offsets, advancing the decarbonization of the IoT sector. At COP29, countries reached a milestone by establishing standards for carbon credits, under Article 6.4 of the Paris Agreement. These new...

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