Day: February 6, 2025

2024 highlightsGN delivered revenue of DKK 18.0 billion with organic revenue growth of 1%, as a result of 10% organic revenue growth in Hearing, -3% organic revenue growth in Enterprise, 7% organic revenue growth in Gaming, and -31% organic revenue growth in Consumer due to the wind-down Excluding the wind-down, Group organic revenue growth was 4% Reported EBITA of DKK 2.2 billion and a margin of 12% Free cash flow excluding M&A ended at DKK 1.1 billion leading to an adj. leverage of 3.5x The strong financial performance is supported by the one-GN transformation, which is progressing well driving simplicity, efficiency, and better utilization of shared capabilities and joint innovationGN’s financial performance in 2024 demonstrates that GN is on track to deliver the intended results from the transformation into a simpler and...

Press Release Nokia to modernize Vietnam Air Traffic Management Corporation’s communication network for improved safetyVietnam’s Air Traffic Management Corporation (VATM) will use Nokia’s multi-service network solution to upgrade its legacy network systems to enhance the performance and flexibility of its air traffic network. Nokia’s trusted mission-critical Internet Protocol Multi-Protocol Label Switching (IP/MPLS) networking solution will make air traffic management more robust, and Vietnam’s airways safer. Nokia Quantum-Safe Network (QSN)-ready network will provide unparalleled security and reliability to VATM.6 February 2025Hanoi, Vietnam – Nokia today announced that Vietnam Air Traffic Management Corporation (VATM) will use Nokia’s networking solution to replace the legacy Synchronous Digital Hierarchy (SDH) transport system...

SAN DIEGO, Feb. 05, 2025 (GLOBE NEWSWIRE) — Belite Bio, Inc (“BLTE” or the “Company”) (Nasdaq: BLTE), a clinical-stage biopharmaceutical drug development company focused on advancing novel therapeutics targeting degenerative retinal diseases that have significant unmet medical needs, today announced that it has entered into a securities purchase agreement with a new, fundamental healthcare investor for the purchase and sale of 258,309 American Depositary Shares (“ADSs”) and warrants to purchase 258,309 ADSs, at a purchase price of $58.07 per ADS and accompanying warrant, pursuant to a registered direct offering, equivalent to today’s closing price. The offering is expected to result in gross proceeds of approximately $15 million, before deducting offering expenses, as well as the potential for additional...

SOUTH SAN FRANSCISCO, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc., (Nasdaq: CERO) (“CERo” or the “Company”) an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, today announced the pricing of its “reasonable best efforts” public offering with participation from a member of the Company’s board and a single institutional investor for the purchase and sale of 2,551,020 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 2,551,020 shares of common stock at a combined purchase price of $1.96 (the “Offering”). The warrants will have an exercise price of $1.96 per share, will be immediately exercisable upon stockholder approval and will expire 5 years from the initial...

HOUSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC) announced that it has postponed the release of its financial results and conference call related to the fourth quarter and full year 2024, which had previously been scheduled for February 11, 2025, and February 12, 2025, respectively. The company will reschedule both events at a later date. The company is delaying the release of its financial results to allow additional time to complete year-end audit procedures specifically related to inventory cycle counts, including physical inventory procedures. The company expects to file its Form 10-K for the year ended December 31, 2024 on or before March 3, 2025. About MRC Global Inc. Headquartered in Houston, Texas, MRC Global (NYSE: MRC) is the leading global distributor of pipe, valves, fittings (PVF) and other infrastructure...