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Day: February 20, 2025

Aeromexico Selects Viasat to Upgrade In-Flight Connectivity

Viasat’s high-speed, industry-leading in-flight Wi-Fi solution will replace current system on Aeromexico’s Boeing 787 Dreamliner fleet CARLSBAD, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) — Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that it is expanding its long-standing relationship with Aeromexico. Mexico’s global airline has selected to retrofit its Boeing 787 Dreamliner fleet with Viasat’s most advanced in-flight Wi-Fi solution. The fleet comprises 17 total aircraft, including eight B787-8s and nine B787-9s. The Boeing 787-8s will be equipped first, with installation for the 787-9s quickly following. The first of these new Viasat-equipped aircraft is set to enter service later in 2025. Viasat has provided in-flight connectivity on certain Aeromexico aircraft since 2018. The carrier’s...

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Bilibili Inc. Announces Fourth Quarter and Fiscal Year 2024 Financial Results

SHANGHAI, China, Feb. 20, 2025 (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 fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter and Fiscal Year 2024 Highlights:Total net revenues were RMB7.73 billion (US$1,059.6 million) in the fourth quarter and RMB26.83 billion (US$3,675.9 million) in 2024, representing increases of 22% and 19% year over year, respectively.Advertising revenues were RMB2.39 billion (US$327.2 million) in the fourth quarter and RMB8.19 billion (US$1,121.9 million) in 2024, representing increases of 24% and 28% year over year, respectively. Mobile games revenues were RMB1.80 billion (US$246.3 million) in the fourth...

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Wolters Kluwer N.V. Share Buyback Transaction Details February 13 – February 19, 2025

PRESS RELEASE                                         Share Buyback Transaction Details February 13 – February 19, 2025 Alphen aan den Rijn – February 20, 2025 – Wolters Kluwer (Euronext: WKL), a global leader in professional information, software solutions, and services, today reports that it has repurchased 73,741 of its own ordinary shares in the period from February 13, 2025, up to and including February 19, 2025, for €13.1 million and at an average share price of €178.31. These repurchases are part of the share buyback program announced on October 30, 2024, under which we intend to repurchase shares for €100 million during the period starting January 2, 2025, up to and including February 24, 2025. The cumulative amounts repurchased in the year to date under this program are as follows: Share Buyback 2025Period Cumulative...

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Correction: Zealand Pharma Announces Financial Results for the Full Year 2024

Company announcement – No. 2 / 2025 Correction includes 2024 Annual Report attached in iXBRL format. Zealand Pharma Announces Financial Results for the Full Year 2024 A transformational year with significant clinical advancement across differentiated obesity pipeline, while building the foundation for accelerated growth in the years to comePositive results with long-acting amylin analog petrelintide in 16-week Phase 1b trial and advancement into large, comprehensive Phase 2b trial in people with overweight or obesityPositive topline results with GLP-1/GLP-2 receptor dual agonist dapiglutide in 13-week Phase 1b trial and expansion of trial to investigate higher doses over a longer treatment period Positive results with glucagon/GLP-1 receptor dual agonist survodutide in Boehringer Ingelheim Phase 2 trial in MASH and advancement into...

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iQIYI Announces Proposed Offering of Convertible Senior Notes

BEIJING, Feb. 20, 2025 (GLOBE NEWSWIRE) — iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced the commencement of an offering by the Company of US$300 million aggregate principal amount of its convertible senior notes due 2030 (the “Notes”), subject to market and other conditions (the “Notes Offering”). The Notes will be senior, unsecured obligations of the Company. The Notes will rank effectively junior to any of the Company’s secured indebtedness (including a portion of the Company’s obligations related to the outstanding convertible notes due January 2028) to the extent of the value of the assets securing such indebtedness. The Notes will mature on March 15, 2030, unless repurchased, redeemed or converted in accordance with their terms prior...

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Hi-View Resources Acquires Strategic “BEN” Claim Within New Southeast Target Zone, In Proximity to Amarc Resources “AuRORA” Copper/Gold Discovery Planning 2025 Exploration Program Following Sample Results of Up To 111.5 g/t Gold and 2,740 g/t Silver at its Toodoggone Project, BC

VANCOUVER, British Columbia, Feb. 20, 2025 (GLOBE NEWSWIRE) — HI-VIEW RESOURCES INC. (‘HI-VIEW’ OR THE ‘COMPANY’) (CSE: HVW; OTCQB: HVWRF; FSE: B63) announces that it has entered into an agreement with an arms-length vendor to acquire a 100% interest in the strategically located “BEN” claim in close proximity to Amarc Resources Ltd.’s (“Amarc” or “AHR”) and Freeport-McMoRan Inc.’s (“Freeport”) recently announced significant drilling discovery at the Gold-Silver-Copper rich porphyry AuRORA target. (See Amarc News Release dated January 20th, 2025). The BEN claim is strategically located within Hi-View’s Lawyers East claim block that is contiguous to the western flank of Amarc’s JOY Property. The BEN claim was previously owned by TDG Gold Corp. (“TDG”) that operates the nearby “Baker” and “Shasta” Copper/Gold projects and is...

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BE Semiconductor Industries N.V. Announces Q4-24 and Full Year 2024 Results

Q4-24 Revenue of € 153.4 Million and Net Income of € 59.3 Million. Operating Results Within Prior Guidance FY-24 Revenue of € 607.5 Million and Net Income of € 182.0 Million Up 4.9% and 2.8%, Respectively, vs. FY-23. Orders of € 586.7 Million Up 7.0% vs. FY-23 Proposed Dividend of € 2.18 per Share for Fiscal 2024. 95% Pay-Out Ratio DUIVEN, the Netherlands, Feb. 20, 2025 (GLOBE NEWSWIRE) — BE Semiconductor Industries N.V. (the “Company” or “Besi”) (Euronext Amsterdam: BESI; OTC markets: BESIY), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the fourth quarter and year ended December 31, 2024. Key Highlights Q4-24Revenue of € 153.4 million down 2.0% vs. Q3-24 and 3.9% vs. Q4-23 primarily due to lower demand for automotive applications partially offset...

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cBrain reports EBT of 32% and raises payout ratio to 20%

  Company Announcement no. 03/2025 cBrain reports EBT of 32% and raises payout ratio to 20%   Copenhagen, February 20, 2025   cBrain (NASDAQ: CBRAIN) reports revenue grew by +12% to DKK 268m in 2024, up from DKK 239m in 2023, aligning with the expected revenue growth range of 12-13%. Software revenue is 78% of total revenue, while implementation and support services account for 22% of total revenue. Software subscriptions, the majority based on long-term contracts with Danish government customers, account for more than 50 % of the total revenue. Earnings before tax (EBT) grew to DKK 86m in 2024, up from DKK 81m in 2023, thereby reaching an EBT margin of 32%. EBT is therefore at the expected EBT margin of 30-32%. Due to faster-than-expected global industry changes as well as market uncertainties in the US and Germany, cBrain has held back...

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cBrain intends to take lead in COTS for government industry

Company Announcement no. 02/2025 cBrain intends to take lead in COTS for government industryCopenhagen, February 20, 2025cBrain (NASDAQ: CBRAIN) revenue grew by +12% to DKK 268m in 2024, up from DKK 239m in 2023. Earnings before tax (EBT) grew to DKK 86m in 2024, up from DKK 81m in 2023, thereby reaching an EBT margin of 32%. Results are in line with expectations, forecasting a revenue growth range of 12-13% and EBT margin of 30-32%. Strong positive cash flow from operating activities enables an increase in dividends, investments in the growth of the company, and it reduces long-term loans on cBrain-owned buildings. cBrain does not have a share buyback program. However, due to solid earnings, cBrain proposes to raise dividends to DKK 0,64 per share (2023: DKK 0,28 per share) corresponding to a payout ratio of approx. 20% of profit...

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IDEX Biometrics receives IDEX Pay order for VISA biometric cards in MEA

Oslo, Norway – 20 February 2025 – A leading smart card technology, security and ID company based in MEA (Middle-East & Africa) has placed a production order of 10,000 units with IDEX Biometrics. The order supports Visa biometric bank card programs in one of the fastest growing payment markets in the region, and marks the first Visa program in market on the IDEX Pay biometric technology solution. The IDEX Biometrics partner serves over 500 banks, governments, and corporations worldwide. ‘The innovation pace of our card manufacturing partners in bringing biometric smart cards to market is accelerating; certifications allow them to move to industrialized production and commercialization. Ultimately bringing more secure payments, access and identity control to more consumers around the world’, comments Catharina Eklof, Chief Executive...

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