Day: February 11, 2025

Stran & Company Reports Financial Results for Three Months Ended March 31, 2024 and Three and Six Months Ended June 30, 2024

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

QUINCY, Mass., Feb. 11, 2025 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today provided a business update and reported financial results for the three months ended March 31, 2024 and the three and six months ended June 30, 2024. Andy Shape, President and CEO of Stran, commented, “With the restatement of our 2023 and 2022 financial statements completed, we were able to focus our attention and successfully finalize our 2024 first and second quarter filings. We experienced a 17.9% increase in revenue to approximately $18.8 million for the first quarter of 2024 compared to the first quarter of 2023 and a 6.4% increase in revenue...

NewLake Capital Partners to Host Fourth Quarter and Full Year 2024 Earnings Call on March 6th at 11:00 a.m. ET

Written by Customer Service on February 11, 2025. Posted in Public Companies.

NEW CANAAN, Conn., Feb. 11, 2025 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it plans to host a conference call and report its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 6, 2025. Additional details are available under the Investor Relations section of the Company’s website: https://ir.newlake.com/.Event: NewLake Capital Partners Fourth Quarter and Full Year 2024 Earnings CallDate: Thursday, March 6, 2025Time: 11:00 a.m. Eastern TimeLive Call: 1-877-407-3982 (U.S. Toll-Free) or 1- 201-493-6780 (International)Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1704902&tp_key=537301817fFor interested individuals...

Research from QphoX, Rigetti, and Qblox Demonstrating Optical Readout Technique for Superconducting Qubits Published in Nature Physics

Written by Customer Service on February 11, 2025. Posted in Public Companies.

DELFT, The Netherlands and Berkeley, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — QphoX B.V., a Dutch quantum technology startup that is developing leading frequency conversion systems for quantum applications, Rigetti Computing, Inc. (Nasdaq: RGTI), a pioneer in full-stack quantum-classical computing, and Qblox, a leading innovator in quantum control stack development, today announced that their joint research demonstrating the ability to readout superconducting qubits with an optical transducer was published in Nature Physics. Quantum computing has the potential to drive transformative breakthroughs in fields such as advanced material design, artificial intelligence, and drug discovery. Of the quantum computing modalities, superconducting qubits are a leading platform towards realizing a practical quantum computer given their fast...

Verizon has the best 5G network in America

Written by Customer Service on February 11, 2025. Posted in Public Companies.

Relentless innovation and continuous improvement result in unmatched 5G reliability, speed and performance for customers NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — Verizon’s relentless focus on innovation and customer experience has once again earned them the top spot in the industry, claiming Best 5G, Fastest 5G, and Most Reliable 5G in the 2024 RootMetrics® second half drive tests, the nation’s most rigorous, independent scientific study. This win underscores Verizon’s unwavering commitment to providing customers with a superior 5G network experience where they live, work, and play. “Our priority is delivering the best, most reliable, secure 5G network experience for our customers,” said Joe Russo, EVP & President, Global Network and Technology at Verizon. “This recognition from Rootmetrics reflects our dedication...

LogicMark Launches Next Generation of Guardian Alert 911 Plus Technology

Written by Customer Service on February 11, 2025. Posted in Public Companies.

Best-selling personal emergency response device is newly enhanced with fall detection, and a modern, sleek design LOUISVILLE, Ky., Feb. 11, 2025 (GLOBE NEWSWIRE) — LogicMark, Inc. (Nasdaq: LGMK) (the “Company”), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing care economy, today announced the launch of the next generation of Guardian Alert 911 Plus, its best-selling medical alert device. “For LogicMark, innovation means accessibility,” commented Chia-Lin Simmons CEO. “We continue executing on our strategy to expand our footprint in the care economy, with products that are easy-to-use and available to a broad range of consumers. The product launch represents another step forward in our mission to provide compassionate, forward-thinking solutions. As we...

Mint House Acquires Locale Strengthening Leadership in Residential Hospitality

Written by Customer Service on February 11, 2025. Posted in Mergers And Acquisitions.

Landmark deal and strategic expansion solidifies Mint House as the category leader in residential hospitality NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — Today Mint House, a premium residential hospitality operator offering long and short-term accommodations, announced its acquisition of Locale, a leading player in the residential hospitality industry. This deal marks a pivotal moment for Mint House, driving operational scale and solidifying its position within the industry as the preferred choice for travelers seeking high-quality accommodations and multifamily owners to maximize building profitability. The transaction consideration includes both cash and stock and Mint House investors are supporting the deal through the investment of additional capital. “The alternative lodging sector is at an inflection point and as we kick off...

LPL Financial Welcomes Lex Wealth Management

Written by Customer Service on February 11, 2025. Posted in Public Companies.

SAN DIEGO, Feb. 11, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Carmen M. Lex Jr., CFP®, RICP®, and Chris Lex, CRPC®, have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. The brothers reported serving approximately $630 million in advisory, brokerage and retirement plan assets* and join LPL from Corebridge Financial, formerly Valic, a subsidiary of AIG. Based in Marlton, N.J., Carmen and Chris have built a reputation for delivering tailored investment strategies and quality service since they teamed up in 2014. They specialize in financial planning, and both have significant experience in pension and social security analysis, including the intricacies of the Public School Employees’ Retirement System. The Lex brothers credit their grandmother...

Metagenomi to Present at TD Cowen’s 45th Annual Health Care Conference

Written by Customer Service on February 11, 2025. Posted in Public Companies.

EMERYVILLE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — Metagenomi, Inc. (Nasdaq: MGX), a precision genetic medicines company committed to developing curative therapeutics for patients using its proprietary gene editing toolbox, today announced that Brian C. Thomas, PhD, CEO and founder of Metagenomi, will participate in a fireside chat at TD Cowen’s 45th Annual Health Care Conference on Wednesday, March 5, 2025, from 1:10-1:40 p.m. ET in Boston. The company will host one-on-one investor meetings at the conference. A live webcast will be available in the investor section of the company’s website at https://ir.metagenomi.co/ and a replay will be available for a limited time at the same address. About Metagenomi Metagenomi is a precision genetic medicines company committed to developing curative therapeutics for patients...

Mainz Biomed and GANZIMMUN Announce Launch of Enhanced ColoAlert Colorectal Cancer Screening Ahead of Awareness Month

Written by Customer Service on February 11, 2025. Posted in Public Companies.

Updated Screening Guidelines Ensure Broader Access to Colorectal Cancer Screening in Germany BERKELEY, Calif. and MAINZ, Germany, Feb. 11, 2025 (GLOBE NEWSWIRE) — Mainz Biomed N.V. (NASDAQ:MYNZ) (“Mainz Biomed” or the “Company”), a molecular genetics diagnostic company specializing in the early detection of cancer, is pleased to share that its partner, GANZIMMUN Diagnostics, has officially launched the enhanced ColoAlert colorectal cancer (CRC) screening test. Starting this January, patients across Germany can access this new version of the Company’s screening test, in time for Colorectal Cancer Awareness Month in March. First introduced by Mainz Biomed in mid-2024, the enhanced ColoAlert features state-of-the-art advancements, including a proprietary DNA stabilizing buffer, to deliver accurate results even with varying sample...

IPG Photonics Announces Fourth Quarter 2024 Financial Results

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

Delivered Revenue At the High End of the Guidance Improved Gross Margin and Generated Strong Cash Flow From Operations MARLBOROUGH, Mass., Feb. 11, 2025 (GLOBE NEWSWIRE) — IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the fourth quarter ended December 31, 2024. Three Months EndedDecember 31, Twelve Months EndedDecember 31, (In millions, except per share data and percentages) 2024 2023 Change 2024 2023 ChangeRevenue $ 234.3 $ 298.9 (22 )% $ 977.1 $ 1,287.4 (24 )%Gross margin 38.6 % 38.2 % 34.6 % 42.1 % Operating income (loss) $ 14.0 $ 28.8 (51 )% $ (208.3 ) $ 232.0 NM Operating margin 6.0 % 9.6 % (21.3 )% 18.0 % Net income (loss) attributable to...

Day: February 11, 2025

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