GARDEN CITY

Beyond Air® Schedules Fiscal Year End 2024 Financial Results Conference Call and Webcast

Retrieved on: 
Giovedì, Maggio 23, 2024

GARDEN CITY, N.Y., May 23, 2024 (GLOBE NEWSWIRE) -- Beyond Air, Inc. (NASDAQ: XAIR) (“Beyond Air” or the “Company”), a commercial stage medical device and biopharmaceutical company focused on harnessing the power of endogenous and exogenous nitric oxide (NO) to improve the lives of patients suffering from respiratory illnesses, neurological disorders and solid tumors (through its affiliate Beyond Cancer, Ltd. (“Beyond Cancer”)), today announced that it will report financial results for its fiscal fourth quarter and full year ended March 31, 2024 on Monday, June 24, 2024.

Key Points: 
  • GARDEN CITY, N.Y., May 23, 2024 (GLOBE NEWSWIRE) -- Beyond Air, Inc. (NASDAQ: XAIR) (“Beyond Air” or the “Company”), a commercial stage medical device and biopharmaceutical company focused on harnessing the power of endogenous and exogenous nitric oxide (NO) to improve the lives of patients suffering from respiratory illnesses, neurological disorders and solid tumors (through its affiliate Beyond Cancer, Ltd. (“Beyond Cancer”)), today announced that it will report financial results for its fiscal fourth quarter and full year ended March 31, 2024 on Monday, June 24, 2024.
  • The Company’s management team is scheduled to host a conference call and webcast at 4:30 pm Eastern Time the same day.

Marathon Digital Holdings Reports First Quarter 2024 Results

Retrieved on: 
Giovedì, Maggio 9, 2024

Revenues increased 223% to $165.2 million in the first quarter of 2024 from $51.1 million in the first quarter of 2023.

Key Points: 
  • Revenues increased 223% to $165.2 million in the first quarter of 2024 from $51.1 million in the first quarter of 2023.
  • Gains on digital assets were $488.8 million during the first quarter of 2024, compared to $137.4 million during the first quarter of 2023.
  • Adjusted EBITDA increased 266% to $528.8 million in the first quarter of 2024 from $144.5 million in the first quarter of 2023.
  • Marathon Digital Holdings will hold a webcast and conference call today, May 9, at 5:00 p.m. Eastern time to discuss its financial results for the quarter ended March 31, 2024.

Lifetime Brands, Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
Giovedì, Maggio 9, 2024

GARDEN CITY, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter ended March 31, 2024.

Key Points: 
  • GARDEN CITY, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter ended March 31, 2024.
  • Further, our high liquidity levels ensure we have the financial flexibility to invest in our business.
  • (1) A table reconciling this non-GAAP financial measure to its most comparable GAAP financial measure, as reported, is included below.
  • For the full year ending December 31, 2024, the Company is providing the following financial guidance

Lifetime Brands to Report First Quarter 2024 Financial Results on Thursday, May 9, 2024

Retrieved on: 
Giovedì, Maggio 2, 2024

GARDEN CITY, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its first quarter financial results at 7:00 a.m. (Eastern Time) on Thursday, May 9, 2024.

Key Points: 
  • GARDEN CITY, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, will release its first quarter financial results at 7:00 a.m. (Eastern Time) on Thursday, May 9, 2024.
  • The Company has scheduled a conference call for 11:00 a.m., at which time Chief Executive Officer Rob Kay and Chief Financial Officer Larry Winoker will discuss the Company's financial results and will be available to answer investor questions.
  • The dial-in number for the conference call is (800) 715-9871 or +1 (646) 307-1963 (International).
  • Lifetime Brands is a leading global designer, developer and marketer of a broad range of branded consumer products used in the home.

Vape South America Set to Rock Medellín, Colombia Again May 2024

Retrieved on: 
Martedì, Aprile 16, 2024

Another first-class production of ZJ Events , Vape South America Medellín 2024 will take place at the Centro de Convenciones Plaza Mayor, located at Cra.

Key Points: 
  • Another first-class production of ZJ Events , Vape South America Medellín 2024 will take place at the Centro de Convenciones Plaza Mayor, located at Cra.
  • Strategically located with great climate and a welcoming atmosphere, the Vape South America Medellín 2024 has become a prime gateway between the U.S. and South American markets and offers a unique opportunity to establish connections with buyers and distributors from across the globe.
  • Vape South America Medellín 2024 is the place to connect with top manufacturers, explore the latest trends and innovations, and take advantage of exclusive show discounts in a fun and exciting atmosphere at the world’s largest counterculture and vape trade show.
  • “Vape South America Medellín 2024 is a globally renowned platform in the counterculture industry, uniquely positioned to facilitate cross-geographical partnerships.

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for March 2024

Retrieved on: 
Giovedì, Aprile 4, 2024

Fort Lauderdale, FL, April 04, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for March 2024.

Key Points: 
  • - Increased BTC Holdings to 17,381 BTC; Total Cash and BTC of $1.6B as of March 31, 2024
    Fort Lauderdale, FL, April 04, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for March 2024.
  • "After maintenance issues at Garden City were addressed, the site experienced higher than anticipated curtailment in March.
  • Despite the challenges, we increased our average operational hash rate by 4% in March to 18.3 exahash, and we increased our bitcoin production 7% to 894 bitcoin.
  • We now have 17,381 BTC on our balance sheet, and our combined cash and bitcoin holdings are approximately $1.6 billion.

Applied Digital Issues $50 Million Unsecured Convertible Debenture to Advance HPC Data Center Project in Ellendale, North Dakota

Retrieved on: 
Lunedì, Aprile 1, 2024

The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks.

Key Points: 
  • The convertible debenture bears no interest, has an original issue discount of five percent and has a term of 54 weeks.
  • The Investor has contractually agreed not to short the stock during the term of the note.
  • Concurrently, we continue negotiating our project-level financing to ensure timely project completion and fulfillment of our contractual obligations,” said Applied Digital CFO David Rench.
  • Northland Capital Markets acted as advisor and sole placement agent for the Company on the financing.

Beyond Air® Announces Pricing of $16.0 Million Registered Direct Offering of Common Stock and Warrants

Retrieved on: 
Mercoledì, Marzo 20, 2024

The Company can call the warrants if it reports equal to or greater than $4.5 million of net sales for the quarter ending March 31, 2025 which will require exercise within 10 business days.

Key Points: 
  • The Company can call the warrants if it reports equal to or greater than $4.5 million of net sales for the quarter ending March 31, 2025 which will require exercise within 10 business days.
  • The closing of the offering is expected to occur on or about March 22, 2024, subject to the satisfaction of customary closing conditions.
  • The gross proceeds to the Company from this offering are expected to be approximately $16.0 million before deducting the placement agent fees and other offering expenses payable by the Company.
  • The Company intends to use the net proceeds from this offering to fund commercial sales development, research, working capital, and other general corporate purposes.

Applied Digital Announces Agreement to Sell Garden City Campus to Marathon Digital Holdings

Retrieved on: 
Venerdì, Marzo 15, 2024

DALLAS, March 15, 2024 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital" or the "Company"), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing (“HPC”) applications, today announced that it has entered into a definitive agreement to sell its 200 megawatt ("MW") campus in Garden City, TX to Marathon Digital Holdings (Nasdaq: MARA) (“Marathon”) for a net purchase price of approximately $87.3 million, with a gross purchase price of $97.3 million after adjustments contemplated in the purchase agreement. In addition to the purchase price, this transaction will release $12 million of restricted cash previously committed as collateral for the site's letter of credit. The transaction is subject to customary closing conditions and is expected to close in the second quarter of calendar 2024.

Key Points: 
  • Completed in 2023, Applied Digital's Garden City campus provides hosting agreements for blockchain mining clients, such as Marathon, under third-party arrangements.
  • Applied Digital exclusively focuses on infrastructure and support services and does not currently own any equipment placed in the facility.
  • Marathon has been a significant customer at the Garden City campus, operating under a multi-year colocation hosting agreement, and will remain a customer at our North Dakota blockchain hosting facilities.
  • "Applied Digital has proven to be an invaluable partner, exemplifying excellence in both the construction and management of their data centers.

Lifetime Brands, Inc. Reports Fourth Quarter 2023 Financial Results

Retrieved on: 
Martedì, Marzo 12, 2024

Throughout 2023, our team demonstrated a relentless focus on operational execution, and these results are a testament to their hard work.

Key Points: 
  • Throughout 2023, our team demonstrated a relentless focus on operational execution, and these results are a testament to their hard work.
  • (1) A table reconciling this non-GAAP financial measure to its most comparable GAAP financial measure, as reported, is included below.
  • (1) A table reconciling this non-GAAP financial measure to its most comparable GAAP financial measure, as reported, is included below.
  • These non-GAAP financial measures should be viewed as a supplement to, and not a substitute for, GAAP financial measures of performance.