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Year: 2024

Zscaler Reports First Quarter Fiscal 2025 Financial Results

First Quarter HighlightsRevenue grows 26% year-over-year to $628.0 million Calculated billings grows 13% year-over-year to $516.7 million Deferred revenue grows 27% year-over-year to $1,783.7 million GAAP net loss of $12.1 million compared to GAAP net loss of $33.5 million on a year-over-year basis Non-GAAP net income of $124.3 million compared to non-GAAP net income of $86.4 million on a year-over-year basisSAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) — Zscaler, Inc. (Nasdaq: ZS), the leader in cloud security, today announced financial results for its first quarter of fiscal year 2025, ended October 31, 2024. “Growing customer engagements and strong sales execution drove a solid Q1 with all metrics exceeding our guidance. The combination of Zero Trust and AI is creating exciting new opportunities, which we are well positioned...

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Credo Reports Second Quarter of Fiscal Year 2025 Financial Results

SAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) — Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase through the data infrastructure market, today reported financial results for the second quarter of fiscal year 2025, ended November 2, 2024. Second Quarter of Fiscal Year 2025 Financial HighlightsRevenue of $72.0 million, grew by 20.6% quarter over quarter and 63.6% year over year GAAP gross margin of 63.2% and non-GAAP gross margin of 63.6%   GAAP operating expenses of $53.9 million and non-GAAP operating expenses of $37.6 million GAAP net loss of $(4.2) million and non-GAAP net income of $12.3 million GAAP diluted net loss per share of $(0.03) and non-GAAP...

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Abacus Life Completes Acquisition of FCF Advisors

ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of FCF Advisors (“FCF”), a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies. The acquisition of FCF, which currently has approximately $850 million in assets under management, constitutes a significant milestone in Abacus’ ongoing expansion of ABL Wealth and its suite of products. “We are excited to complete this strategic acquisition and welcome FCF Advisors to the Abacus Life family,” said Jay Jackson, CEO of Abacus Life. “The addition of FCF Advisors significantly...

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Nokia Corporation: Repurchase of own shares on 02.12.2024

Nokia CorporationStock Exchange Release2 December 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 02.12.2024 Espoo, Finland – On 2 December 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 872,093 3.99CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 3.99* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014...

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Optinose to Present at the Piper Sandler 36th Annual Healthcare Conference

YARDLEY, Pa., Dec. 02, 2024 (GLOBE NEWSWIRE) — Optinose (NASDAQ:OPTN), a pharmaceutical company focused on patients treated by ear, nose and throat (ENT) and allergy specialists, today announced that members of its management team will present a company overview and business update at the Piper Sandler 36th Annual Healthcare Conference on December 5, 2024 at 1:30 p.m. ET. To listen to a webcast of the presentation live, please visit the Investors page of the Optinose website. A replay of the webcast will be available for 30 days following the conclusion of the event. About OptinoseOptinose is a specialty pharmaceutical company focused on serving the needs of patients cared for by ear, nose and throat (ENT) and allergy specialists. To learn more, please visit www.optinose.com or follow us on X and LinkedIn. Optinose Investor ContactJonathan...

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Eagle Bancorp to Participate in the Jefferies Bank Summit

Bethesda, MD, Dec. 02, 2024 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc., (the “Company”) (NASDAQ: EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced that Susan G. Riel, President and Chief Executive Officer and Eric R. Newell, Executive Vice President and Chief Financial Officer will participate in the Jefferies Bank Summit on December 9, 2024, and will hold a series of meetings with institutional investors. Management discussion materials to be used at this conference are posted on the investor section at Eagle Bancorp’s Investor Relations website at https://ir.eaglebankcorp.com. About Eagle Bancorp: The Company is the holding company for EagleBank, which commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland, and operates through...

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Almadex Provides Exploration Update, Commences Geophysical Surveys at Pilot and Paradise-Davis Project, Nevada

Paradise-Davis Property MapParadise-Davis Property MapVANCOUVER, British Columbia, Dec. 02, 2024 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to provide an update on its western USA exploration activities. The Company has completed a planned drill hole at the north end of the Sinter Zone at its Paradise-Davis Project, Nevada. Drilling conditions were challenging as the hole hit an unexpected fault zone. This faulting has clearly moved geologic units at the north end of the trend of epithermal veining. Drilling has ceased for 2024 and further work will be planned after all results have been received and interpreted. The Sinter Zone covers an area of high-level epithermal alteration and veining as described in more detail below. Mapping of alteration...

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Sun Communities, Inc. Declares Fourth Quarter 2024 Distribution

Southfield, MI, Dec. 02, 2024 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities and marinas (collectively, the “properties”), today announced its Board of Directors declared a quarterly distribution of $0.94 per share of common stock for the fourth quarter of 2024. The distribution is payable on January 15, 2025 to shareholders of record on December 31, 2024. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of September 30, 2024, owned, operated, or had an interest in a portfolio of 659 developed properties comprising approximately 179,130 developed sites and approximately 48,760 wet slips and dry storage spaces in the United...

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K. Hovnanian® Homes Launches Groundbreaking New Website

MATAWAN, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) — K. Hovnanian® Homes celebrates the launch of their new and improved website, www.khov.com, launched on November 13, 2024. The brand-new khov.com elevates the experience of home-hunting online, whether a buyer is browsing on mobile, tablet, or desktop. With immersive renderings, scrolling videos, and new interactive features, K. Hovnanian’s signature LOOKS program comes to life more vividly than ever. The designer-curated collection of stunning interiors offers cohesive style and transparent pricing in an easy, stress-free process that users can start on their own time from the comfort of their own home. With the newly enhanced Design & Price tool, it’s fun and simple to click through various options, develop a gorgeous home interior that reflects a homebuyer’s taste, see how...

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Appointment of Robert Klein as Voltalia’s new CEO

Appointment of Robert Klein as Voltalia’s new CEO Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energy, announces the appointment of Robert Klein as CEO. Since 2011, Voltalia has grown from an emerging position to a leading player in the renewable energy sector. Voltalia had 42 megawatts in operation and construction, generating a negative EBITDA. Today, the company has 3,084 megawatts in operation and construction, and provides services covering the development, construction, and Operation and Maintenance of renewable power plants, with an EBITDA of 241 million euros in 2023. This progress, faster than the market, has been accompanied by an environmental and societal commitment that has structured the strategy. In 2021, Voltalia affirmed this commitment by adopting the status of a Mission-driven...

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