Year: 2024

Beam Global Secures First Sponsorship Deal with Globos Osiguranje to Deploy EV ARC™ Systems at Belgrade Airport

Written by Customer Service on November 14, 2024. Posted in Public Companies.

The EV ARC™ systems provide free public EV charging and a long-term recurring revenue stream for Beam GlobalBeam Global EV ARCEV ARC™ solar-powered EV charging stations are now deployed at Belgrade Nikola Tesla Airport, Serbia’s busiest international travel hub, and will provide free public electric vehicle charging and a long-term recurring revenue stream for Beam GlobalDeployment of EV ARC™ Systems at Belgrade AirportThis milestone three-way partnership enhances Serbia’s green infrastructure and demonstrates Beam Global’s ability to expand its unique EV charging solutions globally through sponsorship and owner-operator models, paving the way for similar opportunities in major travel hubs worldwide.SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), a leading provider...

European Wax Center, Inc. Reports Third Quarter Fiscal Year 2024 Results

Written by Customer Service on November 14, 2024. Posted in Earnings Releases And Operating Results.

Reiterates fiscal 2024 financial outlook Updates fiscal 2024 outlook for net new centers Third Quarter Fiscal 2024 versus 2023Net new centers increased 3.7% to 1,064 total centers in 45 states System-wide sales of $240.2 million decreased 0.2% Total revenue of $55.4 million decreased 0.5% Same-store sales decreased 0.5% GAAP net income of $2.0 million decreased 50.7% Adjusted net income of $5.5 million decreased 8.2% Adjusted EBITDA of $18.4 million decreased 4.4%PLANO, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) — Today, European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 and 39 weeks ended October 5, 2024. David Berg, Executive Chairman and CEO of European Wax Center, Inc. stated, “We are pleased that our third quarter...

Enerflex Ltd. Reports Third Quarter 2024 Financial and Operational Results and a 50% Dividend Increase

Written by Customer Service on November 14, 2024. Posted in Earnings Releases And Operating Results.

ADJUSTED EBITDA OF $120 MILLION AND FREE CASH FLOW OF $78 MILLION ES AND EI BACKLOG STABLE AT $1.3 BILLION AND $1.6 BILLION, RESPECTIVELY, PROVIDING STRONG OPERATIONAL VISIBILITY BANK-ADJUSTED NET DEBT-TO-EBITDA RATIO OF 1.9X AT THE END OF Q3/24, WITHIN THE COMPANY’S TARGET RANGE OF 1.5X TO 2.0X CAPITAL SPENDING GUIDANCE FOR 2024 UPDATED TO $80 MILLION TO $90 MILLION WITH GROWTH SPENDING EXPECTED TO REMAIN BELOW LONG-TERM AVERAGE IN 2025 CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three and nine months ended September 30, 2024. All amounts presented are in U.S. Dollars (“USD”) unless otherwise stated. Q3/24 FINANCIAL AND OPERATIONAL OVERVIEW Generated revenue of $601 million compared...

EHang Announces Over US$22 Million PIPE Investment From Strategic Investors Including Enpower

Written by Customer Service on November 14, 2024. Posted in Public Companies.

GUANGZHOU, China, Nov. 14, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced a strategic investment totaling over US$22 million. The investors are Zhuhai Enpower Electric Co., Ltd. (“Enpower”, SZ300681), a Chinese leading new energy vehicle power systems provider, and a strategic institutional investor from the Middle East. Both investors agree to a 180-day lock-up period. The strategic investment from Enpower is based on its recently announced long-term strategic partnership and technology development cooperation with EHang, aimed at co-developing high-performance electric motor drive systems for EHang’s suite of electric vertical take-off and landing (“eVTOL”) aircraft. Additionally, the strategic...

Bilibili Inc. Announces Third Quarter 2024 Financial Results

Written by Customer Service on November 14, 2024. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Nov. 14, 2024 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights:Total net revenues were RMB7.31 billion (US$1,041.0 million), representing an increase of 26% year over year.Mobile games revenues were RMB1.82 billion (US$259.7 million), representing an increase of 84% year over year. Advertising revenues were RMB2.09 billion (US$298.5 million), representing an increase of 28% year over year.Gross profit was RMB2.55 billion (US$363.0 million), representing an increase of 76% year over year. Gross profit margin reached 34.9%, improving from 25.0% in the same period...

Xunlei Announces Unaudited Financial Results for the Third Quarter Ended September 30, 2024

Written by Customer Service on November 14, 2024. Posted in Earnings Releases And Operating Results.

SHENZHEN, China, Nov. 14, 2024 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third quarter 2024 Financial Highlights:Total revenues were US$80.1 million, representing a decrease of 4.9% year-over-year.Cloud computing revenues were US$25.3 million, representing a decrease of 14.4% year-over-year.Subscription revenues were US$33.2 million, representing an increase of 15.6% year-over-year.Live streaming and other internet value-added services (“Live streaming and other IVAS”) revenues were US$21.6 million, representing a decrease of 16.7% year-over-year.Gross profit was US$40.5 million, representing...

BlackRock® Canada Announces November Cash Distributions for the iShares® ETFs and Reinvested Distributions for the iShares Canadian Real Return Bond Index ETF

Written by Customer Service on November 14, 2024. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 14, 2024 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the November 2024 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis, as well as iShares S&P/TSX 60 Index ETF (XIU) and iShares Canadian Real Return Bond Index ETF (XRB). Unitholders of record of a fund, with exception of XRB, on November 21, 2024 will receive cash distributions payable in respect of that fund on December 2, 2024. Unitholders of record of XRB on December 2, 2024 will receive cash distributions on December 5, 2024. Details regarding the “per unit” distribution amounts are as follows:Fund Name Fund Ticker Cash Distribution Per UnitiShares 1-10 Year Laddered Corporate...

Well Intervention Market to Drive Growth at USD 12.14 Billion by 2031 | SkyQuest Technology

Written by Customer Service on November 14, 2024. Posted in Mergers And Acquisitions.

Well Intervention Market size was valued at USD 8.34 billion in 2023 to USD 12.14 billion by 2031, at a CAGR of 4.8% during the forecast period (2024-2031). Westford, USA, Nov. 14, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global well intervention market will attain a value of USD 12.14 Billion by 2031, with a CAGR of 4.8% during the forecast period (2024-2031). New oilfield developments and the rise in demand for energy are expected to fuel well intervention market growth. This rapid growth is driven by efforts being made to increase productivity gained from conventional fields in major countries. Market growth is expected to be driven by the large number of untapped hydrocarbon reserves and the importance of the oil and gas sector for various economies. Moreover, the increasing focus on deep and ultra-deep-sea explorations...

JD.com Announces Third Quarter 2024 Results

Written by Customer Service on November 14, 2024. Posted in Earnings Releases And Operating Results.

BEIJING, Nov. 14, 2024 (GLOBE NEWSWIRE) — JD.com, Inc. (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter), the “Company” or “JD.com”), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three months ended September 30, 2024. Third Quarter 2024 HighlightsNet revenues were RMB260.4 billion (US$137.1 billion) for the third quarter of 2024, an increase of 5.1% from the third quarter of 2023. Income from operations was RMB12.0 billion (US$1.7 billion) for the third quarter of 2024, an increase of 29.5% from the third quarter of 2023. Operating margin was 4.6% for the third quarter of 2024, compared to 3.8% for the third quarter of 2023. Non-GAAP2 income from operations was RMB13.1 billion (US$1.9 billion) for the third quarter of 2024, an increase of...

Data Storage Corporation Reports 2024 Third Quarter Financial Results and Provides Business Update

Written by Customer Service on November 14, 2024. Posted in Earnings Releases And Operating Results.

Gross Profit Margin Increased over 400 Basis Points to 43.2% For the Third Quarter of 2024 Achieved Profitability for the Three and Nine Months Ended September 30, 2024 MELVILLE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) — Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today provided a business update and reported financial results for the three and nine months ended September 30, 2024. “We have made important progress during recent months,” commented Chuck Piluso, CEO of Data Storage Corporation. “Specifically, we achieved $19.0 million in sales for the nine months ended September 30, 2024 and attained profitability for both the three and nine month periods. For the third quarter, we...

Year: 2024

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