Day: November 19, 2024

Third Quarter 2024 Revenues Increase 49% to $3.0 Million 9M 2024 Revenues Increase 36% to $9.2 Million Strategic Partnerships in Sichuan and Liaoning Provinces in China Anchor International Expansion Plans, Entry into Growing Korean BBQ Segment Expands Presence and Cuisine BUENA PARK, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) — Yoshiharu Global Co. (NASDAQ: YOSH) (“Yoshiharu” or the “Company”), a restaurant operator specializing in authentic Japanese ramen & rolls, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024 and Recent Operational HighlightsGrand opening of a new restaurant in San Clemente, CA, bringing the number of locations to 15 with 2 additional locations under construction. Entered into a non-binding Memorandum of Understanding (“MoU”) with Chengdu...

Improved operating performance by reducing net loss by $52.5 million; reported net loss of $4.3 million and $56.8 million for the nine months ended September 30, for 2024 and 2023, respectively. Significantly improved financial position by eliminating nearly all of its liabilities; reported $10.5 million as of September 30, 2024, and $99.9 million as of December 31, 2023. $10 billion+, representing Tevogen’s IP and product assets based on internal discounted cash flow models, is not reflected on the company balance sheet. Similarly, Tevogen’s AI assets, a critical component of its innovation platform, remain unreported on company balance sheet. Sufficient available capital to fund operations for the next 33 months, supported by a loan agreement. Approximately 78% of equity retained by Tevogen officers.WARREN, N.J., Nov. 19, 2024 (GLOBE...

SHOUGUANG, China, Nov. 19, 2024 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources”, “we,” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China today announced its unaudited financial results for the nine and three months ended September 30, 2024. Three Months ended September 30, 2024:Revenues for the third quarter were $2,242,365, a decline of 61.8% compared to the same period of 2023. The net loss was $3,492,883, and the basic and diluted loss was $0.33 per share. During the third quarter, bromine revenues declined by 68% to $1,571,313 and crude salt revenues declined by 26% to $654,039. Bromine operation loss was $4,029,999, while crude salt operation loss was $102,657. The losses from operations from our currently inactive chemical...

– Alpha DaRT® accepted into the prestigious Total Product Life Cycle Advisory Program (TAP) of the FDA, to accelerate market access to the Alpha DaRT® for patients with recurrent glioblastoma multiforme (GBM) – – First patient treated in Recurrent Lung Cancer study in Israel, which will assess the safety and feasibility of delivering Alpha DaRT® sources into the lung using an endobronchial ultrasound procedure – – FDA approval of an Investigational Device Exemption (IDE) application to initiate a multi-center study for the treatment of recurrent cutaneous squamous cell carcinoma (cSCC) in immunocompromised patients using the Alpha DaRT® – – Cash, cash equivalents & deposits balance of $68.4 million, with runway of at least two years – JERUSALEM, Nov. 19, 2024 (GLOBE NEWSWIRE) —...

HOUSTON, Nov. 19, 2024 (GLOBE NEWSWIRE) — Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the fourth quarter and full year fiscal 2024 ended September 30, 2024. All comparisons are to the comparable periods of fiscal 2023, unless otherwise noted. Fourth Quarter Key Financial Highlights:Revenues totaled $275 million, an increase of 32%; Gross profit of $80 million, or 29.2% of revenue; Net income of $46 million, or $3.77 per diluted share, increased 74%; New orders(1) totaled $267 million; Backlog(2) as of September 30, 2024 remained at $1.3 billion; Cash and short-term investments as of September 30, 2024 totaled $358 million.Full Year Key Financial Highlights:Revenues totaled $1.0 billion,...

Fiscal 2025 Second Quarter Highlights:Consolidated delivered sales of $521 millionUp 2% versus prior yearRetail segment sales increased 3%Led by independent La-Z-Boy Furniture Galleries® acquisitions, new stores, and record Labor Day sales resultsGAAP and Non-GAAP(1) diluted EPS of $0.71 Delivered sales and Non-GAAP(1) operating margin ahead of guidance Company-owned La-Z-Boy Furniture Galleries® network grew by five stores, with three new stores, two newly acquired independent La-Z-Boy Furniture Galleries® stores, and an additional two-store acquisition signed and expected to close in the third quarter Quarterly dividend increased to $0.22, 10% higher than the previous dividendMONROE, Mich., Nov. 19, 2024 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential...

Record Fiscal Year Results, with Net Income of $260.8 million, up 9% Quarterly Net Operating Revenues of $454.8 million, up 13%   Record Quarterly Net Income of $76.7 million, ROE of 18.5% Quarterly Diluted EPS of $2.32 per share, up 48% NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) — StoneX Group Inc. (the “Company”; NASDAQ: SNEX), a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise, today announced its financial results for the fiscal year 2024 fourth quarter ended September 30, 2024. Sean M. O’Connor, the Company’s CEO, stated, “For the fiscal fourth quarter, net income was $76.7 million, a 51% increase over the prior year period,...