Blogging

Snap Announces Pricing of $650 Million Convertible Senior Notes Offering Due 2030

Retrieved on: 
木曜日, 5月 9, 2024

Snap also granted the initial purchasers of the notes an option to purchase up to an additional $100 million aggregate principal amount of notes.

Key Points: 
  • Snap also granted the initial purchasers of the notes an option to purchase up to an additional $100 million aggregate principal amount of notes.
  • On conversion, Snap will elect to settle the notes in cash, shares of Snap Class A common stock, or a combination of cash and shares of Snap Class A common stock.
  • In addition, Snap expects that some or all of the holders of its convertible senior notes due 2025 and/or convertible senior notes due 2026 that it repurchases may purchase shares of Snap Class A common stock in open market transactions or enter into or unwind various derivatives with respect to Snap Class A common stock to unwind hedge positions that they have with respect to their investment in its convertible senior notes due 2025 and/or convertible senior notes due 2026.
  • In connection with the issuance of Snap’s outstanding convertible senior notes due 2025, Snap entered into capped call transactions with certain financial institutions.

Semrush Holdings, Inc. to Participate in Upcoming Investor Conferences

Retrieved on: 
火曜日, 5月 7, 2024

Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, will present and host one-on-one investor meetings at the following investor conferences:

Key Points: 
  • Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, will present and host one-on-one investor meetings at the following investor conferences:
    Needham 19th Annual Needham Technology, Media, & Consumer Conference
    J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference

Corsair Gaming Reports First Quarter 2024 Financial Results

Retrieved on: 
火曜日, 5月 7, 2024

Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance products for gamers, streamers, content-creators, and gaming PC builders, today announced financial results for the first quarter ended March 31, 2024.
  • Andy Paul, Chief Executive Officer of Corsair, stated, “2024 is starting out as expected with new products driving healthy peripherals growth for us.
  • Our Gamer and Creator Peripherals segment has continued its impressive performance, achieving 20% year-over-year revenue growth in the first quarter 2024 after 16% year-over-year revenue growth in the fourth quarter 2023.
  • Corsair will host a conference call to discuss the first quarter 2024 financial results today at 2:00 p.m. Pacific Time.

Similarweb Announces First Quarter 2024 Results

Retrieved on: 
火曜日, 5月 7, 2024

Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its first quarter ended March 31, 2024.
  • “We delivered strong momentum on the bottom line, with a third consecutive quarter of non-GAAP operating profit, and a second consecutive quarter of positive free cash flow.
  • Dollar-based net retention rate for customers with ARR of $100,000 or more was 107% in the first quarter of 2024, consistent with the fourth quarter of 2023.
  • Overall dollar-based net retention rate was 98% in the first quarter of 2024, consistent with the fourth quarter of 2023.

Real Chemistry Welcomes Trio of Healthcare Executives to Lead and Grow Integrated Client Offerings and Solutions

Retrieved on: 
火曜日, 5月 7, 2024

These appointments underscore Real Chemistry's commitment to bring the best healthcare, technology and client-relationship experts to serve its clients.

Key Points: 
  • These appointments underscore Real Chemistry's commitment to bring the best healthcare, technology and client-relationship experts to serve its clients.
  • View the full release here: https://www.businesswire.com/news/home/20240507105976/en/
    Real Chemistry, a leading provider of AI-driven insights, marketing, and communications for the healthcare industry, has announced the appointment of three key healthcare executives to drive organizational growth and enhance client offerings.
  • In the newly created role of Global Client Lead, Carina Whitridge will serve as a trusted advisor and strategic connector for Real Chemistry’s clients.
  • “Real Chemistry has always been at the forefront of what’s next in healthcare.

AlphaVu Granted Patent for Systems and Methods of Sentiment and Misinformation Analysis

Retrieved on: 
月曜日, 5月 6, 2024

The United States Patent and Trademark Office has granted patent number 11,966,702 to AlphaVu for the company’s invention of technology and methods used to analyze sentiment and detect misinformation.

Key Points: 
  • The United States Patent and Trademark Office has granted patent number 11,966,702 to AlphaVu for the company’s invention of technology and methods used to analyze sentiment and detect misinformation.
  • AlphaVu’s newly patented algorithms identify and analyze misinformation from digital data sources including news media sites, social media, e-mails, and call center transcripts.
  • AlphaVu’s machine learning models study each individual comment and calculate its misinformation risk and overall sentiment.
  • “This patent validates AlphaVu’s unmatched approach and capabilities in scoring public sentiment with reliable accuracy,” said AlphaVu founder and CEO Scott Wilkinson.

Entravision Communications Corporation Reports First Quarter 2024 Results

Retrieved on: 
木曜日, 5月 2, 2024

Included in operating expenses are $1.8 million and $1.9 million of non-cash stock-based compensation for the three-month periods ended March 31, 2024 and 2023, respectively.

Key Points: 
  • Included in operating expenses are $1.8 million and $1.9 million of non-cash stock-based compensation for the three-month periods ended March 31, 2024 and 2023, respectively.
  • Corporate expenses include $3.7 million and $2.2 million of non-cash stock-based compensation for the three-month periods ended March 31, 2024 and 2023, respectively.
  • Cost of revenue for the first quarter of 2024 increased primarily due to the increase in digital advertising revenue.
  • The quarterly dividend will be payable on June 28, 2024 to shareholders of record as of the close of business on June 14, 2024.

Matter Health Survey Reveals Brands are Prioritizing Multichannel Marketing Programs to Grow Awareness and Customer Base

Retrieved on: 
水曜日, 5月 1, 2024

Matter Communications – a Brand Elevation Agency that integrates PR, marketing, and creative services – today released findings from its 2024 Matter Health Marketing Outlook Survey.

Key Points: 
  • Matter Communications – a Brand Elevation Agency that integrates PR, marketing, and creative services – today released findings from its 2024 Matter Health Marketing Outlook Survey.
  • The survey of healthcare marketing decision-makers revealed insights into top priorities in 2024 including product/service awareness, agency partnerships and the use of artificial intelligence (AI).
  • Survey findings uncovered the top two priorities for healthcare marketers in 2024 are increasing awareness for their product or service (26.3%) and reaching a specific audience (22.4%).
  • The other top factors include:
    “We’re witnessing a dramatic shift among our healthcare partners toward using a multichannel approach,” said Paul Berthiaume, Senior Vice President of Matter Health.

XR Extreme Reach CEO Appointed to Ad Council Board of Directors

Retrieved on: 
水曜日, 5月 1, 2024

XR Extreme Reach , XR Extreme Reach (XR), a global technology company that powers the creative economy, announces its Chief Executive Officer, Louisa Wong, has been elected as a board member to the Ad Council .

Key Points: 
  • XR Extreme Reach , XR Extreme Reach (XR), a global technology company that powers the creative economy, announces its Chief Executive Officer, Louisa Wong, has been elected as a board member to the Ad Council .
  • Wong joins the board with other executive leaders of top organizations from Paramount, PepsiCo, Verizon and others.
  • "To be a part of the Ad Council's Board of Directors is an honor and a privilege,” said Louisa Wong, chief executive officer, XR.
  • The Ad Council was founded as a national nonprofit in 1942 with the belief that the power of advertising and communication can help drive social change.

Similarweb Appoints Susan Dunn as Chief Revenue Officer to Accelerate Revenue Growth

Retrieved on: 
火曜日, 4月 30, 2024

Similarweb (NYSE: SMWB), a global leader in digital intelligence, has named Susan Dunn as Chief Revenue Officer (CRO).

Key Points: 
  • Similarweb (NYSE: SMWB), a global leader in digital intelligence, has named Susan Dunn as Chief Revenue Officer (CRO).
  • Dunn will be responsible for driving revenue growth and overseeing the company's global Go-To-Market Organization.
  • "We are thrilled to welcome Susan Dunn to the Similarweb team as our new Chief Revenue Officer," said Or Offer, CEO of Similarweb.
  • "I am excited to join Similarweb and lead the company's sales efforts during this exciting phase of growth," said Susan Dunn, Chief Revenue Officer of Similarweb.