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ConnectM Files 10-Q, Announces Third Quarter 2024 Financial Results

~ Results In-Line with Previously Announced Third Quarter Preliminary Results ~ ~ Third Quarter Revenue Increased 39% to $6.1 Million YoY and 11% from Second Quarter 2024 ~ ~ FY2024 Projected Revenue of $20.0 Million, Representing a 20% YoY Increase ~ ~ On Track to Achieve Operating Cash Flow Breakeven by The First Quarter of 2025 ~ MARLBOROUGH, Mass., Dec. 16, 2024 (GLOBE NEWSWIRE) — ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, has filed its 10-Q with the Securities and Exchange Commission (the “SEC”) and released its financial results for the quarter ended September 30, 2024. Third Quarter and First Nine Months 2024 Financial ResultsRevenue for the third quarter of 2024 increased to $6.1 million compared to $4.4 million in the...

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Barnwell Industries, Inc. Reports Results for its Fourth Quarter and Year Ended September 30, 2024

Success of Twining Drilling Program Continues While OptimizationProjects Maintain Production Levels and Reduce Operating Costs HONOLULU, Dec. 16, 2024 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for its fourth quarter and year ended September 30, 2024. The Company had revenue of $4,268,000 and a net loss of $1,883,000 or $0.19 per share for the fourth quarter and had revenue of $21,724,000 and a net loss of $5,565,000 or $0.56 per share for the full year. The Company remains debt free and ended the fiscal year with $4,505,000 in cash and cash equivalents and $1,071,000 in working capital. Continuing Optimization Program is Showing Positive Results For the year ended September 30, 2024, production of natural gas and natural gas liquids increased by 6% and 23%, respectively,...

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Nextensa announces successful sale of Brixton Retail Park in Zaventem, Belgium

PRESS RELEASE NON-REGULATED INFORMATIONBrussels, 16 December 2024, 5:40 PM Nextensa announces successful sale of Brixton Retail Park in Zaventem, Belgium Nextensa announces that its Brixton Retail Park in Zaventem, Belgium has been successfully sold to a group of private investors for a net price of around €41 million. The retail park’s individual properties were sold last Friday to private investors, who each bought one or more units. Avenue acted as broker in this and managed the transaction. The Brixton Retail Park, with a total area of 15,072 sqm, has been part of Nextensa’s property portfolio since its IPO in 1999. The park has proven to be a highly successful investment during that period. Rents are among the highest in the commercial rental sector, and the park has consistently enjoyed full occupancy with quality tenants...

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XCHG Limited Reports Second Quarter 2024 Unaudited Financial Results

HAMBURG, Germany, Dec. 13, 2024 (GLOBE NEWSWIRE) — XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced its unaudited financial results for the three months ended June 30, 2024. Operational Highlights         Three months endedJune 30, 2024   Six months endedJune 30, 2024DC fast charger deliveries 438   764NZS charger deliveries 26   51Total EV charger deliveries 619   1,155       Q2 2024 DC fast charger deliveries were 438, representing a decrease of 31.8% from 642 in the corresponding period of 2023. Q2 2024 Total EV charger deliveries were 619, representing a decrease of 5.4% from 654 in the corresponding period of 2023. DC fast charger deliveries in the first six months of 2024 were 764, representing a decrease of 30.0% from 1,092...

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Asante Files Financial and Operating Results for the Quarter Ended October 31, 2024

VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces the filing of its financial statements and management’s discussion and analysis (“MD&A”) for the three month and nine months ended October 31, 2024 (“Q3 2025”). Dave Anthony, President and CEO stated, “We are pleased to report another solid quarter with significant growth in adjusted EBITDA, reflecting the positive impact of ongoing business improvement initiatives at Bibiani and Chirano, combined with the substitutional leverage our operations have to higher gold prices. The relocation of the Bibiani-Goaso highway was a critical milestone for unlocking further growth at Bibiani, and development of the Russel Starter Pit underlines the district-scale...

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AMREP Reports Second Quarter Fiscal 2025 Results

HAVERTOWN, Pa., Dec. 13, 2024 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE:AXR) today reported net income of $4,042,000, or $0.75 per diluted share, for its 2025 fiscal second quarter ended October 31, 2024 compared to net income of $1,108,000, or $0.21 per diluted share, for the same period of the prior year. For the first six months of 2025, AMREP had net income of $8,106,000, or $1.51 per diluted share, compared to net income of $2,454,000, or $0.46 per diluted share, for the same period of 2024. Revenues were $11,906,000 and $30,997,000 for the second quarter and first six months of 2025 and $8,854,000 and $19,143,000 for the second quarter and first six months of 2024. More information about the Company’s financial performance may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed with...

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EnWave Reports 2024 Fourth Quarter and Annual 2024 Consolidated Financial Results

VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) reported the Company’s consolidated interim financial results for the fourth quarter and fiscal year ended September 30, 2024. All values in thousands and denoted in CAD unless otherwise stated.Reported revenue for Q4 2024 of $3,634, representing an increase of $2,177 relative to the comparable period in the prior year. The increase in revenue was primarily a result of the resale of a large-scale machine and an increase in royalties during the period. Reported Royalties of $642 for Q4 2024, representing an increase of $261 relative to the comparable period in the prior year. The increase in royalties was primarily a result of an increase in exclusivity payments driven by a new Commercial...

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Progressive Reports November 2024 Results

MAYFIELD VILLAGE, OHIO, Dec. 13, 2024 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended November 30, 2024:  November(millions, except per share amounts and ratios; unaudited)   2024     2023   ChangeNet premiums written $ 5,563.3   $ 4,725.1   18   %Net premiums earned $ 6,040.4   $ 5,079.0   19   %Net income $ 1,005.8   $ 680.6   48   %Per share available to common shareholders $ 1.71   $ 1.15   48   %Total pretax net realized gains (losses) on securities $ 175.7   $ 246.5   (29 ) %Combined ratio   85.6     91.1   (5.5 ) pts.Average diluted equivalent common shares   587.7     587.6   0   %  November 30,(thousands; unaudited) 2024   2023   % ChangePolicies in Force          Personal Lines          Agency – auto 9,700.5   8,312.4   17Direct...

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UNISYNC Reports Fiscal 2024 Financial Results

TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) — Unisync Corp. (“Unisync”) (TSX:”UNI”) (OTC:“USYNF”) announces its audited financial results for the fourth quarter and fiscal year ended September 30, 2024. Unisync operates through two business units: Unisync Group Limited (“UGL”) with operations throughout Canada and the USA and 90% owned Peerless Garments LP (“Peerless”), a domestic manufacturing operation based in Winnipeg, Manitoba. UGL is a leading customer-focused provider of corporate apparel, serving many leading Canadian and American iconic brands. Peerless specializes in the production and distribution of highly technical protective garments, military operational clothing, and accessories for a broad spectrum of Federal, Provincial and Municipal government departments and agencies. Results for Fiscal 2024 versus...

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Sound Group Inc. Reports First Half of 2024 Unaudited Financial Results

SINGAPORE, Dec. 13, 2024 (GLOBE NEWSWIRE) — Sound Group Inc. (NASDAQ: SOGP) (“SOGP” or the “Company” or “We”), a global audio-centric social and entertainment company, today announced its unaudited financial results for the six months ended June 30, 2024. First Half of 2024 Financial and Operational HighlightsNet revenues were RMB924.0 million (US$127.1 million) for the six months ended June 30, 2024, compared with RMB1,223.8 million for the six months ended June 30, 2023. Net loss was RMB36.5 million (US$5.0 million) for the six months ended June 30, 2024, compared with net income of RMB59.9 million for the six months ended June 30, 2023. Average total mobile MAUs1 for the six months ended June 30, 2024 was 35.7 million, compared with 47.6 million for the six months ended June 30, 2023.Mr. Jinnan (Marco) Lai, Founder and CEO...

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