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Day: January 23, 2025

DLH to Announce Fiscal 2025 First Quarter Financial Results

ATLANTA, Jan. 23, 2025 (GLOBE NEWSWIRE) — DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading provider of science research and development, systems engineering and integration, and digital transformation and cyber security solutions to federal agencies, will release financial results for the fiscal first quarter ended December 31, 2024 on February 5, 2025 after the market closes. DLH will then host a conference call for the investment community at 10:00 a.m. Eastern Time the following day, February 6, 2025, during which members of senior management will make a brief presentation focused on the financial results and operating trends. A question-and-answer session will follow. Interested parties may listen to the conference call by dialing 888-347-5290 or 412-317-5256. Presentation materials will also be posted...

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FARO Technologies Pushes 3D Metrology Forward with New FARO Leap ST

A Versatile Handheld Scanner for Greater InsightsFARO Leap ST Moves Manufacturing ForwardThe new FARO handheld solution expands the company’s product portfolio, making FARO one of the few companies offering customers a complete range of portable 3D metrology devices.Lake Mary, Fla, Jan. 23, 2025 (GLOBE NEWSWIRE) — FARO® Technologies, Inc. (Nasdaq: FARO) has entered a new category of handheld scanning with the launch of FARO Leap ST®. The new handheld solution expands the company’s product portfolio, making FARO one of the few companies offering customers a complete range of portable 3D metrology devices. It strengthens FARO’s presence across the manufacturing sector, where speed, accuracy, and throughput are key. FARO paired this launch with an update to its FARO CAM2® Software, for a simple and effective way to scan...

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N2OFF and Solterra Join Forces to Exclusively Co-Develop the Solar PV Market in Albania

This new collaboration was driven by the successful fast tracking of joint projects in Germany and Italy follows the recently signed three-way clean energy cooperation agreement between Italy, Albania, and the United Arab Emirates Neve Yarak, Israel, Jan. 23, 2025 (GLOBE NEWSWIRE) — N2OFF, Inc. (NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable solutions for energy and innovation for agri- tech, announced today it has signed a binding term sheet with Solterra Energy Ltd. (“Solterra”) to collaborate exclusively on renewable energy projects in Albania for one year, focusing primarily on solar energy and battery storage. Under this agreement, The parties will look to present potential Projects, introduced through their local relationships, while Solterra will conduct feasibility...

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West Bancorporation, Inc. Announces Fourth Quarter and Year End 2024 Financial Results and Declares Quarterly Dividend

WEST DES MOINES, Iowa, Jan. 23, 2025 (GLOBE NEWSWIRE) — West Bancorporation, Inc. (Nasdaq: WTBA; the “Company”), parent company of West Bank, today reported 2024 net income of $24.1 million, or $1.42 per diluted common share, compared to 2023 net income of $24.1 million, or $1.44 per diluted common share. Net income for the fourth quarter 2024 was $7.1 million, or $0.42 per diluted common share, compared to third quarter 2024 net income of $6.0 million, or $0.35 per diluted common share, and fourth quarter 2023 net income of $4.5 million, or $0.27 per diluted common share. On January 22, 2025, the Company’s Board of Directors declared a regular quarterly dividend of $0.25 per common share. The dividend is payable on February 19, 2025, to stockholders of record on February 5, 2025. David Nelson, President and Chief Executive Officer...

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Launch of Progress Data Cloud Creates Platform to Accelerate AI Strategies and Digital Transformation

BURLINGTON, Mass., Jan. 23, 2025 (GLOBE NEWSWIRE) — New offering empowers enterprises to simplify data operations and enhance AI capabilities in the cloud Progress (Nasdaq: PRGS), the trusted provider of AI-powered digital experiences and infrastructure software, today announced the launch of Progress® Data Cloud℠, a managed Data Platform as a Service designed to simplify enterprise data and artificial intelligence (AI) operations in the cloud. With Progress Data Cloud, customers can accelerate their digital transformation and AI initiatives while reducing operational complexity and IT overhead. As global businesses scale their data operations and embrace AI, a robust cloud data strategy has become the cornerstone of success, enabling organizations to harness the full potential of their data for innovation and growth. Progress...

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Franklin Access Secures Funding for Sigbeat Joint Venture, Advancing 4G/5G and AI Module Innovation

SAN DIEGO, Jan. 23, 2025 (GLOBE NEWSWIRE) — Franklin Access (NASDAQ: FKWL) announced today the successful funding of its joint venture to develop 4G/5G modules and AI-powered solutions under the Sigbeat brand. The Sigbeat joint venture will design, market, and certify 4G/5G modules featuring advanced on-device AI capabilities, including enhanced security, image processing, and video streaming functionalities. These modules aim to provide faster response times, stronger privacy safeguards, and reduced reliance on cloud computing while offering seamless integration for voice assistants, augmented reality (AR), and other intelligent applications. Sigbeat will leverage its partner’s technological expertise and Franklin Access’s leadership in wireless solutions to cater to a diverse range of industries and applications. By combining...

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GCM Grosvenor Elevate Fund Holds Final Close at Nearly $800 Million, the Largest Debut Private Equity Seeding Fund of Its Kind, Signaling Strong Continued Support for Small and Emerging Firm Founders

CHICAGO, Jan. 23, 2025 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management firm, today announced its inaugural Elevate Fund (“Elevate”) has completed its final close with nearly $800 million in committed capital. Launched in 2023, Elevate makes catalytic seed investments in small and emerging private equity firms, focused on lower- and middle-market buyout strategies across industries. Elevate builds on GCM Grosvenor’s strong, multi-decade track record of investing in small and emerging managers and the firm’s position as a leading investor in the small- and middle- and middle market. The $80 billion firm has approximately $20 billion in assets under management with small and emerging managers. The firm’s deep expertise and expansive network enable it to provide critical resources, strategic...

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To Combat Mounting Cargo Theft, Verisk Launches CargoNet® RouteScore API

CargoNet’s RouteScore API bolsters cargo security with advanced, data-driven risk scoring JERSEY CITY, N.J., Jan. 23, 2025 (GLOBE NEWSWIRE) — Cargo theft losses in the U.S. continue to climb: 2024 is projected to record 25 percent more losses than 2023, a year that also reached all-time highs for reported incidents. Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today launched CargoNet® RouteScore API, a solution aimed at significantly minimizing the risk of cargo theft. RouteScore API uses a proprietary algorithm to generate a cargo theft route risk score that provides a relative measure of probability that crime and loss will occur along any route in the U.S. and Canada.  Verisk CargoNet is uniquely positioned to deliver an industry-leading cargo theft scoring algorithm that provides unparalleled...

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NOVAGOLD Files Year-End 2024 Report with Strong Treasury to Fund Key Activities for Long-Term Value Creation

VANCOUVER, British Columbia, Jan. 23, 2025 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) today filed its 2024 fiscal year-end report and provided an update on its Tier One1 gold development project, Donlin Gold, which NOVAGOLD owns equally with Barrick Gold Corporation (“Barrick”). Details of the financial results for the year ended November 30, 2024, are presented in the consolidated financial statements and annual report on Form 10-K filed on January 23, 2025 which is available on the Company’s website at www.novagold.com, on SEDAR+ at www.sedarplus.ca, and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless otherwise stated. As detailed in the above filings, NOVAGOLD held a strong treasury of approximately $101 million in cash and term deposits as of November 30,...

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First Mid Bancshares, Inc. Announces Fourth Quarter 2024 Results

MATTOON, Ill., Jan. 23, 2025 (GLOBE NEWSWIRE) — First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) today announced its financial results for the quarter ended December 31, 2024. HighlightsNet income of $19.2 million, or $0.80 diluted EPS Adjusted net income (non-GAAP) of $20.9 million, or $0.87 diluted EPS Loan growth and interest expense decline drives 6 basis points of margin expansion Wealth management and insurance combined revenues increase over 11% in the quarter Board of Directors declares regular quarterly dividend of $0.24 per share“Revenue growth and interest expense management helped drive a solid increase in adjusted earnings, despite higher provision expense,” said Joe Dively, Chairman and Chief Executive Officer. “Our net interest margin expanded, and noninterest income increased to 31% of revenues. Wealth...

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