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WELL Health Reports Record Quarterly Revenue and Record Net Income for a first quarter in Q1-2024 and Increases Both Revenue and Adjusted EBITDA Guidance for 2024

Retrieved on:

Mercoledì, Maggio 8, 2024

Sale, Quaternary, Yoy, Earnings per share, TSX, Growth, Artificial intelligence, Software as a service, NPS, Patient, Acquisition, EPS, WELL, Intrahealth Systems Limited

WELL's Canadian business grew its Adjusted EBITDA in Q1- 2024 by 19% to $14.6 million on a YoY basis.

Key Points:

WELL's Canadian business grew its Adjusted EBITDA in Q1- 2024 by 19% to $14.6 million on a YoY basis.
WELL is pleased to provide guidance of an improvement of FCFA2S of more than $55M in 2024, a 30% increase from $42.4 million in 2023.
WELL increases its guidance range for 2024 annual revenue of between $960 million to $980 million, while guiding to upper range of its previous Adjusted EBITDA guidance of $125 million to $130 million.
First Quarter 2024 Financial Highlights:
WELL achieved record quarterly revenue of $231.6 million in Q1-2024, an increase of 37% as compared to revenue of $169.4 million generated in Q1-2023.

BCE reports first quarter 2024 results

Retrieved on:

Giovedì, Maggio 2, 2024

"BCE's Q1 results demonstrate that we're on the right path forward as we head further into 2024," said Curtis Millen, Chief Financial Officer of BCE and Bell Canada.

Key Points:

"BCE's Q1 results demonstrate that we're on the right path forward as we head further into 2024," said Curtis Millen, Chief Financial Officer of BCE and Bell Canada.
Mobile connected device net activations were down 6.1% to 66,406 in Q1 2024, despite more connected car subscriptions and fewer data device deactivations, due to lower consumer and business IoT activations, which can fluctuate from quarter to quarter.
BCE's Board of Directors has declared a quarterly dividend of $0.9975 per common share, payable on July 15, 2024 to shareholders of record at the close of business on June 14, 2024.
BCE confirmed its financial guidance targets for 2024, as provided on February 8, 2024, as follows:

WELL Health Technologies Announces Collaboration with Microsoft to Accelerate Healthcare's Digital Transformation

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Martedì, Aprile 30, 2024

Cloud, Corporation, Public sector, Quaternary, AI, MySQL, TSX, Growth, Privacy, Microsoft, Patient, Acquisition, Azure, Health, WELL, Confidentiality, Security, Microsoft Azure

This five-year agreement is set to accelerate the digital transformation of healthcare delivery across North America and beyond, integrating Microsoft Cloud and AI capabilities with WELL's comprehensive digital health platform to innovate and enhance the healthcare experience for both providers and patients.

Key Points:

This five-year agreement is set to accelerate the digital transformation of healthcare delivery across North America and beyond, integrating Microsoft Cloud and AI capabilities with WELL's comprehensive digital health platform to innovate and enhance the healthcare experience for both providers and patients.
We are honored to partner with Microsoft, and eagerly anticipate the transformative impact our collaboration will have on healthcare delivery."
Leading Innovative Healthcare Solutions: This collaboration establishes Microsoft as a go-to partner for WELL Health as it continues to infuse leading generative AI technologies into its various digital health solutions.
The technology teams who are working behind the scenes to drive this transformation are highly motivated by the collaboration with Microsoft and the associated support this collaboration brings.

Marvell Appoints Rick Wallace and Daniel Durn to its Board of Directors

Retrieved on:

Lunedì, Aprile 29, 2024

"Rick and Dan are proven leaders with track records of successfully guiding companies to higher levels of industry leadership and growth," said Matt Murphy, Chairman and Chief Executive Officer of Marvell.

Key Points:

"Rick and Dan are proven leaders with track records of successfully guiding companies to higher levels of industry leadership and growth," said Matt Murphy, Chairman and Chief Executive Officer of Marvell.
"Both have extensive experience in our industry – Rick as leader of KLA, and Dan's leadership in semiconductors prior to his current role at Adobe.
Wallace has also served as a member of the board of directors of SEMI (Semiconductor Equipment and Materials International), including as SEMI's Chairman of the Board, Splunk, Inc., NetApp, Inc., Proofpoint, Inc., and Beckman-Coulter.
Durn brings his decades of experience in the technology industry to Marvell, including 10 years as a public company CFO.

Blue Cross and Blue Shield of Minnesota Announces Chris Boles as Vice President of Medicare, Melissa Flicek as Chief Information Officer

Retrieved on:

Martedì, Aprile 23, 2024

PacifiCare Health Systems, Quaternary, Blue Shield, United, Target, Elevance Health, Blue, E-commerce, Medtronic, Engineering, HMO, Medicare Advantage, Blue Cross, Optum, Medicare, Target Corporation, Marketing, Management

Chris Boles has joined the organization as vice president of Medicare and Individual segments, while Melissa Flicek will serve as chief information officer.

Key Points:

Chris Boles has joined the organization as vice president of Medicare and Individual segments, while Melissa Flicek will serve as chief information officer.
“Chris Boles and Melissa Flicek both bring impressive experience and proven results from their respective fields,” said Dana Erickson, president and CEO of Blue Cross and Blue Shield of Minnesota.
Boles has held multiple leadership roles at Elevance Health, including vice president of Group Retiree Solutions and regional vice president of Medicare Blue Alliances.
Melissa Flicek – Vice President, Chief Information Officer
Flicek has more than 20 years of experience in leading technology development and business transformation strategies.

California Economic Development Leaders Launch New Tool Connecting Business Owners with Trusted Lenders

Retrieved on:

Mercoledì, Aprile 24, 2024

Professional Services, Public Policy, Government, State, Local, Business, Small Business, Finance, Banking, Small business, Quaternary, IIE, Partnership, SVP, Initiative, CRF, Community development, Community, Ibank

California Small Business Loan Match, a new lender match tool for business owners to discover vital funding options, launches today in California.

Key Points:

California Small Business Loan Match, a new lender match tool for business owners to discover vital funding options, launches today in California.
“We are thrilled to launch California Small Business Loan Match and connect California small business owners with pre-vetted lenders and loans they can trust,” said IBank Executive Director Scott Wu.
“All of these lenders use IBank’s Small Business Loan Guarantee Program which reduces lenders’ risk in loaning to small businesses that may struggle to access capital.
“Our lenders on California Small Business Loan Match are ideal for business owners who have been turned away from traditional banks or who faced hardships that they’re still recovering from,” said Megan Hodapp, IBank’s Small Business Finance Center Manager.

Skillsoft Partners With Year Up to Empower Young Adults With Critical Workforce Skills Training

Retrieved on:

Giovedì, Aprile 18, 2024

Technology, Security, Other Technology, Software, Internet, Continuing, Training, Data Management, Education, Quaternary, Learning, SKIL, Partnership, Employment, Digital, Transformation, Workforce, Student, Organization

Digital literacy is critical in today’s workplace especially with the rapid advancement of generative AI, yet 67% of the world’s youth lack sufficient skills needed to use and understand technology.

Key Points:

Digital literacy is critical in today’s workplace especially with the rapid advancement of generative AI, yet 67% of the world’s youth lack sufficient skills needed to use and understand technology.
Additionally, it is estimated that by 2030, 60% will not possess basic, transferable skills required to transition into the workforce.
The partnership between Skillsoft and Year Up will address this crisis head-on by breaking down accessibility barriers for underserved young adults in the U.S. seeking upskilling and career opportunities.
"Skillsoft's support is crucial in preparing our young adults for thriving careers with top companies across the United States.

ORBCOMM Announces Christian Mezger as New Chief Financial Officer

Retrieved on:

Martedì, Aprile 2, 2024

Titan, University, Specialization, Information technology, CFO, Internet of things, Hewlett-Packard, UC, University of California, Riverside, Quaternary, Management

ROCHELLE PARK, N.J., April 02, 2024 (GLOBE NEWSWIRE) -- ORBCOMM Inc., a leading global provider of supply chain IoT technology, announced today that Christian Mezger has joined the company as Chief Financial Officer (CFO).

Key Points:

ROCHELLE PARK, N.J., April 02, 2024 (GLOBE NEWSWIRE) -- ORBCOMM Inc., a leading global provider of supply chain IoT technology, announced today that Christian Mezger has joined the company as Chief Financial Officer (CFO).
With his extensive experience as a global technology executive, Mezger is enthusiastic about the opportunity to help drive team excellence.
Mezger previously served as Executive Vice President and Chief Financial Officer at Anuvu since 2019, where he was responsible for finance, people services, legal, supply chain and information technology.
Before that, he held several other leadership roles, including President and Chief Executive Officer at CMTSU Liquidation (formerly known as Ciber), Executive Vice President and Chief Financial Officer of Ciber and Vice President of Technology Services at Hewlett Packard Company.

New BofA Platform Connects Small Businesses to CDFI Capital and Coaching

Retrieved on:

Mercoledì, Marzo 27, 2024

Bank of America, Community, Organization, Community development, Partnership, FDIC, SVP, Bank, History, Capital, Small business, CDFI, Quaternary, Investment, Ecosystem, CRF, Access

CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- Bank of America has launched a new Access to Capital Connector, an online platform designed to help entrepreneurs and small business owners start and maintain strong and resilient businesses by linking them directly to local Community Development Financial Institutions (CDFIs) and other business support organizations for capital, coaching and support.

Key Points:

In total, more than 150 CDFIs and other support organizations are participating on the platform, offering capital and resources for entrepreneurs at every stage of their small business journey.
"Thousands of small businesses fail each year because they lack the connections, resources and funding to continue operating," said Sharon Miller, President of Small Business for Bank of America.
"When small businesses have access to responsible capital and other resources, they create jobs, grow wealth, and provide critical services for communities," said Patrick Davis, SVP of Platform and Technology Services for CRF.
The bank provides advice, solutions, access to capital and dedicated support to meet the unique needs of 11 million business owner clients.

D2L Expands Footprint in Non-profit Sector

Retrieved on:

Lunedì, Marzo 25, 2024

CIO, Organization, Bongo, Learning, LCS, GWI, Education, The Robb Nash Project, Quaternary, Curriculum, Spectrum, Parent, Canadian Mental Health Association, Nursing

"D2L is proud to support non-profit organizations dedicated to fostering positive change in our world through the transformative force of education" said Bill Sheehan, Global Head of Associations Strategy at D2L.

Key Points:

"D2L is proud to support non-profit organizations dedicated to fostering positive change in our world through the transformative force of education" said Bill Sheehan, Global Head of Associations Strategy at D2L.
D2L also attended and sponsored the National Mentoring Summit, convened by MENTOR, in January 2024.
With a focus on accessibility, D2L aims to support an educational experience tailored to the diverse needs of Autism Ontario's stakeholders.
"Year Up is delighted to work with D2L," said Gary Flowers, CIO, Transformative and Technology Services at Year Up.