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AXT, Inc. Announces First Quarter 2024 Financial Results

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Giovedì, Maggio 2, 2024

FREMONT, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the first quarter, ended March 31, 2024.

Key Points: 
  • FREMONT, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor wafer substrates, today reported financial results for the first quarter, ended March 31, 2024.
  • GAAP gross margin was 26.9 percent of revenue for the first quarter of 2024, compared with 22.6 percent of revenue for the fourth quarter of 2023 and 26.3 percent for the first quarter of 2023.
  • GAAP operating expenses were $9.4 million for the first quarter of 2024, compared with $8.2 million for the fourth quarter of 2023 and $9.5 million for the first quarter of 2023.
  • Non-GAAP operating expenses were $8.7 million for the first quarter of 2024, compared with $7.5 million for the fourth quarter of 2023 and $8.7 million for the first quarter of 2023.

Shanghai Hi-Dolphin's Cofe+ Robot Café Completes Series A Funding Round with Leading Investors

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Mercoledì, Aprile 17, 2024

Shanghai , April 17, 2024 (GLOBE NEWSWIRE) -- The artificial intelligence company in the coffee industry, "Shanghai Hi-Dolphin Robot Technology Co., Ltd.," has officially announced the completion of its Series A funding round, led by renowned investor Yu Fangbiao.

Key Points: 
  • Shanghai , April 17, 2024 (GLOBE NEWSWIRE) -- The artificial intelligence company in the coffee industry, "Shanghai Hi-Dolphin Robot Technology Co., Ltd.," has officially announced the completion of its Series A funding round, led by renowned investor Yu Fangbiao.
  • This marks the first time Hi-Dolphin has initiated a Series A funding round since completing two pre-A rounds within a week in August 2021, setting a record for the fastest funding in the industry.
  • Shanghai Hi-Dolphin Robot Technology Co., Ltd. has developed a series of AI products called Cofe+, including the fully intelligent Robot Café, Robot Café Bar, Robot Coffee Counter, and Street Corner Robot Coffee Shop.
  • Artificial intelligence, represented by Cofe+ Robot, is triggering the fifth industrial revolution, leading the global physical economy into a new era of "lightness."

SNOOP DOGG x DR. BOMBAY ICE CREAM CELEBRATE DR. BOMBAY DAY

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Mercoledì, Aprile 17, 2024

LOS ANGELES, April 17, 2024 /PRNewswire/ -- Snoop Dogg, the iconic hip-hop artist and entrepreneur, is launching his Dr. Bombay Ice Cream line's inaugural Dr. Bombay Day on April 19th and to celebrate is announcing the first new flavor of 2024 "Strawberry Cream Dream" presented by Death Row Records. The brand declares "Dr. Bombay Day" a new national holiday, encouraging everyone to hit the stores and stock up on their favorite snacks to enhance their 4/20 celebrations.

Key Points: 
  • LOS ANGELES, April 17, 2024 /PRNewswire/ -- Snoop Dogg, the iconic hip-hop artist and entrepreneur, is launching his Dr. Bombay Ice Cream line's inaugural Dr. Bombay Day on April 19th and to celebrate is announcing the first new flavor of 2024 "Strawberry Cream Dream" presented by Death Row Records.
  • In anticipation of Dr. Bombay Day, the brand's founder, Snoop Dogg shares – "I love my munchies, especially my Dr. Bombay Ice Cream.
  • I am declaring 4/19 Dr. Bombay Day – be sure to hit the store and tell them Dogg sent you."
  • To celebrate, Snoop Dogg and friends gathered at Snoop Dogg's compound in LA where ice cream dreams came true.

Bring Joy Back to Family Meals

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Lunedì, Aprile 15, 2024

MISSION, Kan., April 15, 2024 /PRNewswire/ -- (Family Features) While meals savored with loved ones are intended to produce smiles and shared moments, the process of grocery shopping, planning and cooking has become a chore for many families. Take the first step toward bringing back the joy and magic of making your favorite foods with tools that do the work for you.

Key Points: 
  • MISSION, Kan., April 15, 2024 /PRNewswire/ -- (Family Features) While meals savored with loved ones are intended to produce smiles and shared moments, the process of grocery shopping, planning and cooking has become a chore for many families.
  • Take the first step toward bringing back the joy and magic of making your favorite foods with tools that do the work for you.
  • Recipes are instantly turned into shoppable ingredients and added to your cart for quick, convenient checkout.
  • Now, you can turn all of your recipes into a digital library for quick and easy access in one place.

DoorDash Expands Food Access for SNAP Customers With New Grocery Partners

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Mercoledì, Marzo 13, 2024

Since launching support for SNAP/EBT payments in 2023, over 1.1 million consumers have added their SNAP/EBT cards to DoorDash.

Key Points: 
  • Since launching support for SNAP/EBT payments in 2023, over 1.1 million consumers have added their SNAP/EBT cards to DoorDash.
  • With the addition of these new partners, over 6,000 locations nationwide will support SNAP/EBT payment capabilities on DoorDash for on-demand delivery of eligible grocery items.
  • DoorDash is one of the largest online marketplaces to offer SNAP/EBT recipients access to grocery delivery across the country.
  • Whether it's delivering SNAP-eligible groceries or charitable food to people experiencing food insecurity, we’re excited to continue to provide new ways for everyone to access food through DoorDash.

Like Air® Expands National Presence, Now Available in Albertsons Companies Stores

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Martedì, Marzo 12, 2024

MADISON, N.J., March 12, 2024 /PRNewswire/ -- Like Air®, a family-owned brand that's reinventing snacking with its flavorful melt-in-your-mouth puffcorn, announced today the nationwide expansion of its popular puffcorn snacks into Albertsons Companies stores including Albertsons, Safeway, Vons, Jewel-Osco, ACME and Shaw's. Like Air® puffcorn will be sold in more than 1,500 Albertsons Cos. stores beginning to roll out this month.

Key Points: 
  • Like Air® puffcorn will be sold in more than 1,500 Albertsons Cos. stores beginning to roll out this month.
  • Like Air® Expands National Presence, Now Available in Albertsons Companies Stores
    Since 2020, Like Air® has been capturing the taste buds of snack enthusiasts and achieved significant success on ABC's Shark Tank in January 2024.
  • Unlike traditional popcorn, Like Air® puffcorn doesn't contain hulls or kernels, making it a simple and easily digestible snack.
  • "We are thrilled to partner with Albertsons to make our puffcorn available to consumers nationwide," said Allison Lin, Co-Founder of Like Air®.

AXT, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Giovedì, Febbraio 22, 2024

Revenue for the fourth quarter of 2023 was $20.4 million, compared with $17.4 million in the third quarter of 2023 and $26.8 million for the fourth quarter of 2022.

Key Points: 
  • Revenue for the fourth quarter of 2023 was $20.4 million, compared with $17.4 million in the third quarter of 2023 and $26.8 million for the fourth quarter of 2022.
  • GAAP gross margin was 22.6 percent of revenue for the fourth quarter of 2023, compared with 10.7 percent of revenue in the third quarter of 2023 and 32.1 percent for the fourth quarter of 2022.
  • This compares with $8.6 million in the third quarter of 2023 and $9.6 million for the fourth quarter of 2022.
  • Fiscal Year 2023 Results (January 1 to December 31, 2023)
    Revenue for fiscal year 2023 was $75.8 million, compared with $141.1 million in fiscal year 2022.

Albertsons Companies Voluntarily Recalls Five ReadyMeals and Store-Made Taco Kits Containing a Recalled Cheese Ingredient Due to Possible Listeria monocytogenes Contamination

Retrieved on: 
Giovedì, Febbraio 8, 2024

Albertsons Companies has voluntarily recalled five ReadyMeals and store-made taco kits supplied by Fresh Creative Foods due to possible Listeria monocytogenes contamination.

Key Points: 
  • Albertsons Companies has voluntarily recalled five ReadyMeals and store-made taco kits supplied by Fresh Creative Foods due to possible Listeria monocytogenes contamination.
  • The select meals and kits contain a recalled cheese ingredient supplied by Rizo-López Foods, Inc., of Modesto, California.
  • View the full release here: https://www.businesswire.com/news/home/20240208785606/en/
    Albertsons Companies has voluntarily recalled five ReadyMeals and store-made taco kits supplied by Fresh Creative Foods due to possible Listeria monocytogenes contamination.
  • Consumers with questions should contact Albertsons Companies’ Customer Service Center at 1-877-723-3929 Monday through Friday from 5 a.m. to 9 p.m. PST.

Appotronics appears on CES 2024 to showcase the automotive optics to the world stage

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Lunedì, Gennaio 22, 2024

Appotronics (688007.SH), one of the first batch of enterprises listed on the STAR Market, returned to CES with its automotive optics and household laser display core devices to showcase the innovative power of laser display technologies to the world.

Key Points: 
  • Appotronics (688007.SH), one of the first batch of enterprises listed on the STAR Market, returned to CES with its automotive optics and household laser display core devices to showcase the innovative power of laser display technologies to the world.
  • For the automotive market, Appotronics has launched multiple solutions around immersive AR display and digital intelligent lighting in three major product lines, including automotive display, laser headlights, and AR-HUD.
  • Public records indicate that as of September 30, 2023, Appotronics had accumulated a total of 191 granted and applied patents for automotive optics technologies, an increase by 39.41% year on year.
  • During the CES, Appotronics caught the attention of international media such as CNBC, CGTN, Agence France-Presse.

Snoop Dogg and Dr. Bombay Bring Ice Cream Collection to Albertsons Companies Grocery Stores Across the Country

Retrieved on: 
Giovedì, Gennaio 4, 2024

SECAUCUS, N.J., Jan. 4, 2024 /PRNewswire/ -- Legendary hip-hop artist and visionary entrepreneur, Snoop Dogg, and Happi Co. are bringing Dr. Bombay Ice Cream to an Albertsons Cos. grocery store, including Safeway, Albertsons, ACME, Jewel-Osco, Shaw's and Vons, near you this January.

Key Points: 
  • Grocery Store with Dr. Bombay Ice Cream
    SECAUCUS, N.J., Jan. 4, 2024 /PRNewswire/ -- Legendary hip-hop artist and visionary entrepreneur, Snoop Dogg, and Happi Co. are bringing Dr. Bombay Ice Cream to an Albertsons Cos. grocery store, including Safeway, Albertsons, ACME, Jewel-Osco, Shaw's and Vons, near you this January.
  • Dr. Bombay Ice Cream is disrupting the freezer aisle one store at a time, and is now available at Albertsons Cos. grocery stores.
  • Dr. Bombay Ice Cream launched in July 2023 under parent company Bosslady Foods in a joint venture between Snoop Dogg and Happi Co.
  • Snoop's line of fun and flavorful ice cream is sure to delight shoppers across the country," said Matthew Boyd, Vice President Merchandising for Albertsons Cos.
    Dr. Bombay Ice Cream is available in Albertsons banner stores including Safeway, Vons, Jewel-Osco, Shaw's, ACME, Tom Thumb, Randalls, Star Market and Carrs,
    For more information about Dr. Bombay Ice Cream and to discover a complete list of Albertsons store locations, visit www.drbombaysnax.com or local.albertsons.com, and follow Dr. Bombay Ice Cream on social media at @drbombaysnax.