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Year: 2024

Brunswick Exploration Significantly Expands its Holdings in Greenland Following Lithium Discovery

MONTREAL, Nov. 07, 2024 (GLOBE NEWSWIRE) — Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; “BRW” or the “Company”) is excited to announce that, following the recent discovery of spodumene near Nuuk, Greenland, it has applied for additional licenses in the Nuuk area. The Company has also increased its holdings in new regions of Western Greenland subsequent to further compilation work including the Disko Bay and Uummannaq areas. Mr. Killian Charles, President and CEO of BRW, commented: “With the lithium potential of Greenland newly confirmed, we have rapidly consolidated all high priority targets in western Greenland. BRW now controls one of the most significant grassroot exploration portfolios in Greenland and is the only company actively exploring for lithium in the country. Our new holdings all benefit from...

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LifeStance Reports Third Quarter 2024 Results

SCOTTSDALE, Ariz., Nov. 07, 2024 (GLOBE NEWSWIRE) — LifeStance Health Group, Inc. (Nasdaq: LFST), one of the nation’s largest providers of outpatient mental healthcare, today announced financial results for the third quarter ended September 30, 2024. (All results compared to prior-year comparative period, unless otherwise noted)Q3 2024 Highlights and FY 2024 OutlookRevenue of $312.7 million increased 19% compared to revenue of $262.9 million Clinician base increased 13% to 7,269 clinicians, a sequential net increase of 285 in the third quarter Third quarter visit volumes increased 15% to 2.0 million Net loss of $6.0 million compared to net loss of $61.6 million Adjusted EBITDA of positive $30.7 million compared to Adjusted EBITDA of positive $14.6 million For full year 2024, raising revenue expectations to $1.228 billion to $1.248...

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BigCommerce Announces Third Quarter 2024 Financial Results

Third Quarter Total Revenue of $83.7 Million, an Increase of 7% Versus Prior Year. Total ARR of $347.8 Million, an Increase of 5% Versus Prior Year. Enterprise ARR of $256.9 Million, an Increase of 7% Versus Prior Year AUSTIN, Texas , Nov. 07, 2024 (GLOBE NEWSWIRE) — BigCommerce Holdings, Inc. (“BigCommerce” or the “Company”) (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced financial results for its third quarter ended September 30, 2024. “BigCommerce has been significantly underrepresented in the marketplace relative to the strength of our products,” said Travis Hess, CEO of BigCommerce. “Our third-quarter revenue increased 7% year-over-year, but we have the potential to do much better. As CEO, it is my top priority to reach that potential....

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Privia Health Reports Third Quarter 2024 Financial Results

Strong Execution Across All Business and Financial Metrics Raised Full-Year 2024 Guidance to At or Above the High End for All Metrics Announced New Market Entry in Indiana Achieved MSSP 2023 Shared Saving of $176.6 Million, +34.1% versus 2023 Strong Adjusted EBITDA Growth and Free Cash Flow GenerationARLINGTON, Va., Nov. 07, 2024 (GLOBE NEWSWIRE) — Privia Health Group, Inc. (Nasdaq: PRVA) today announced financial results for the third quarter and nine months ended September 30, 2024. Third Quarter Performance    For the Three Months Ended September 30,    ($ in millions, except per share amounts)   2024   2023   Change (%)             Total revenue   $ 437.9   $ 417.3   4.9 %Gross profit   $ 99.9   $ 90.6   10.2 %Operating income   $ 5.8   $ 5.5   5.0 %Net income a   $ 3.5   $ 5.6   (37.4)%Non-GAAP...

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Barrick Declares Q3 Dividend and Buys Back Additional Shares

All amounts expressed in US dollars TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the third quarter of 2024. The dividend is consistent with the Company’s Performance Dividend Policy announced at the start of 2022. The Q3 2024 dividend will be paid on December 16, 2024 to shareholders of record at the close of business on November 29, 2024. Barrick also repurchased an additional 4.725 million shares during the third quarter under the $1 billion share buyback program that was announced in February 2024, bringing the total repurchases during the year to 7.675 million shares. “The continued strength of our balance sheet, bolstered by record high gold prices and our world class gold and copper asset base, allow us to distribute...

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Himax Technologies, Inc. Reports Third Quarter 2024 Financial Results; Provides Fourth Quarter 2024 Guidance

Q3 2024 Revenues and EPS both Surpassed Guidance while Gross Margin In Line With Guidance Range Issued on Aug. 8, 2024Company Q4 2024 Guidance: Revenues to be flat to slightly down QoQ,Gross Margin is Expected to be flat to slightly up QoQ, Profit per diluted ADS to be 9.3 Cents to 11.0 CentsQ3 2024 revenues were $222.4M, a decrease of 7.2% QoQ, yet significantly exceeded the guidance range of a 12.0% to 17.0% decrease QoQ. The better-than-expected financial results stemmed primarily from stronger order momentum in automotive, tablet and Tcon product lines. Q3 GM reached 30.0%, in line with guidance of around 30%, but down from 32.0% in Q2, mainly a result of unfavorable product mix Q3 2024 after-tax profit was $13.0M, or 7.4 cents per diluted ADS, considerably above the guidance range of 1.5 cents to 4.5 cents Himax Q4 2024 revenues...

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ACM Research Reports Third Quarter 2024 Results

FREMONT, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its third quarter ended September 30, 2024. “I am pleased to report another strong quarter for ACM, with record revenue and shipments, good profitability, and positive cash flow from operations,” said ACM’s President and Chief Executive Officer, Dr. David Wang. “We believe our results demonstrate ACM’s role as an innovator, delivering world-class tools that drive value for our customers and strengthen our position in the global market. Tahoe is gaining momentum with multiple logic and memory customers in production. This tool now delivers the same advanced cleaning performance...

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Fly Play hf.: Record October Load Factor and Rising Unit Revenue Year-on-Year

PLAY airlines transported 138,155 passengers in October 2024, down from 154,479 in October the previous year. This aligns with PLAY’s strategy of gradually reducing its transatlantic capacity, which is reflected in the October traffic figures. In line with this shift, the airline achieved an 85.3% load factor in October 2024—the highest for the month of October in PLAY’s history—up from 83% last year. PLAY’s on-time performance also improved, reaching 91.4% in October 2024 compared to 85.8% last year. Among the passengers, 33.4% were traveling from Iceland, 39.1% to Iceland, and 27.5% were connecting passengers (VIA). This reflects PLAY’s increased focus on its local market, with a 5% growth in passengers flying from Iceland, rising from 43,872 in October 2023 to 46,143 in October 2024. Passengers flying to Iceland...

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Portugal’s MEO to Deploy Allot HomeSecure for Their Fixed Broadband Customers in Addition to Existing Mobile Cybersecurity Services Based on Allot NetworkSecure

With the new Casa Segura service for fixed broadband customers, MEO expands its agreement with Allot to complement Net Segura, creating unified fixed and mobile cybersecurity services. Hod Hasharon, Israel, Nov. 07, 2024 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider of innovative network intelligence and converged network-native security solutions for communication service providers and enterprises, today announced that Portugal’s MEO will deploy a new security service named Casa Segura for its fixed broadband consumer customers. The service will be based on Allot HomeSecure, an Allot solution that was chosen by MEO in a deal that was signed late in 2023. Allot and MEO have agreed to a subscription-based business model, wherein Allot will be a partner for MEO’s consumer security needs. This...

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XBP Europe Selected for UK Government’s G-Cloud 14 Framework

LONDON, Nov. 07, 2024 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, today announced its UK subsidiary XBP Europe Limited (fka Exela Technologies Limited) has been awarded a place on the UK government sponsored government cloud, or ‘G-Cloud’ 14 framework, which replaces the prior G-Cloud 13 framework. G-Cloud 14, managed by the Crown Commercial Service (CCS), the UK’s biggest public procurement organisation, is a streamlined procurement framework designed to simplify the acquisition of cloud-based services by public sector organisations and to promote adoption of cloud computing. Public sector bodies are able to easily access and procure cloud...

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