BOS | Jotup

AirBoss Announces Results of Annual General Meeting

Retrieved on:

木曜日, 5月 9, 2024

Table tennis rubber, AirBoss of America, TSX, OTCQX, Health, BOS

AirBoss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the most challenging environments.

Key Points:

AirBoss of America is a diversified developer, manufacturer and provider of survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the most challenging environments.
Founded in 1989, the company operates through two divisions.
AirBoss Rubber Solutions is a North American custom rubber compounder with 500 million turn pounds of annual capacity.
The Company’s shares trade on the TSX under the symbol BOS and on the OTCQX under the symbol ABSSF.

AirBoss Reports 1st Quarter 2024 Results

Retrieved on:

水曜日, 5月 8, 2024

Consolidated net sales in Q1 2024 decreased by 11.6% to $103,490 compared with the first quarter of 2023 ("Q1 2023").

Key Points:

Consolidated net sales in Q1 2024 decreased by 11.6% to $103,490 compared with the first quarter of 2023 ("Q1 2023").
The decrease was primarily attributable to lower sales at both AirBoss Rubber Solutions ("ARS") and AirBoss Manufactured Products ("AMP").
AirBoss now reports results under two segments: (1) AirBoss Rubber Solutions, and (2) AirBoss Manufactured Products.
In addition to the formal shareholders' meeting, management will provide a webcast presentation including a discussion of Q1 2024 results.

Airboss Announces Proposed Settlement of Class Action

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火曜日, 5月 7, 2024

Class, TSX, BOS, Court, Fault, Settlement

NEWMARKET, Ontario, May 07, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the “Company” or “AirBoss”) today announced that, subject to court approval, it has reached a settlement of the class action lawsuit pending against the Company in Canada.

Key Points:

NEWMARKET, Ontario, May 07, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the “Company” or “AirBoss”) today announced that, subject to court approval, it has reached a settlement of the class action lawsuit pending against the Company in Canada.
Following a mediation between the plaintiffs and the defendants (including the Company), the parties entered into a settlement agreement to resolve this matter (the “Settlement”).
If a preliminary order is granted by the Court, the plaintiffs will send notice of the Settlement to potential class members.
The Settlement, if approved, is within our insured limits and will not result in any direct financial impact to the Company.

AirBoss Announces Details for AGSM and Q1 2024 Results Timing

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木曜日, 4月 25, 2024

Meeting, Internet, TSX, EDT, Proxy, Special, BOS

NEWMARKET, Ontario, April 25, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced details regarding its upcoming Annual General and Special Meeting of Shareholders (the “Meeting”), to be held on Thursday, May 9th, 2024, at 9:00 a.m. (EDT).

Key Points:

NEWMARKET, Ontario, April 25, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced details regarding its upcoming Annual General and Special Meeting of Shareholders (the “Meeting”), to be held on Thursday, May 9th, 2024, at 9:00 a.m. (EDT).
The Company intends to issue its first quarter 2024 earnings results prior to the Meeting on Wednesday, May 8th, 2024.
The Meeting will be accessible via live webcast or by dialing in to the numbers provided below.
These details are further to the information contained in the management information circular and notice of meeting dated April 8, 2024, sent to shareholders and filed on SEDAR+ at www.sedarplus.com .

BOS to Release Financial Results for the First Quarter of 2024 and Host a Video Conference Call on May 30, 2024

Retrieved on:

月曜日, 4月 15, 2024

Online, EDT, BOS

RISHON LEZION, Israel, April 15, 2024 (GLOBE NEWSWIRE) -- B.O.S.

Key Points:

RISHON LEZION, Israel, April 15, 2024 (GLOBE NEWSWIRE) -- B.O.S.
Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC ), announced today that it will release its financial results for the first quarter of 2024 before the market opens on Thursday, May 30, 2024.
BOS will host a video conference call on May 30, 2024 at 9:00 a.m. EDT.
To access the video conference call, please click on the following link:
For those unable to participate in the video conference, a recording of the meeting will be available the next day on the BOS website: www.boscorporate.com

JetBlue Announces First Quarter 2024 Results

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火曜日, 4月 23, 2024

Transportation, Air, Transport, Travel, Embraer, Mint, JetBlue, A320, BOS, Aviation, Logan International Airport, JBLU, Los Angeles International Airport, SAF, Global warming potential, Airline

JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the first quarter of 2024.

Key Points:

JetBlue Airways Corporation (NASDAQ: JBLU) today reported its financial results for the first quarter of 2024.
Net loss for the first quarter of 2024 under Generally Accepted Accounting Principles ("GAAP") of $716 million or $2.11 loss per share.
Excluding special items, adjusted net loss for the first quarter of 2024 of $145 million(1) or $0.43 loss per share.
Operating expense per available seat mile ("CASM") for the first quarter of 2024 increased 17.1% year-over-year.

BOS Reports Financial Results for the Fourth Quarter and the Year 2023

Retrieved on:

木曜日, 3月 28, 2024

Online, ID, The Company, BOS, Growth, LE, EDT, Video game

RISHON LE ZION, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the fourth quarter and the year 2023.

Key Points:

RISHON LE ZION, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC) reported its financial results for the fourth quarter and the year 2023.
Fourth Quarter 2023 Financial Highlights:
Revenues reduced by 3.5% to $10.9 million from $11.3 million in the fourth quarter of the year 2022;
Operating profit amounted to $400,000 compared to $652,000 in the fourth quarter of the year 2022;
EBITDA amounted to $562,000 compared to $781,000 in the fourth quarter of the year 2022;
Financial income amounted to $31,000 compared to financial expenses of $115,000 in the fourth quarter of the year 2022;
Net income amounted to $427,000 or $0.07 per basic share compared to $531,000 or $0.09 per basic share in the fourth quarter of the year 2022.
Eyal Cohen, BOS' CEO, stated: "We are pleased with the financial results of year 2023, which reflect net income of $2 million, above our expectation of $1.5 million.
"The fourth quarter results of 2023 were weak as compared to those of the fourth quarter of 2022 due to the war that started in October 2023.

AirBoss Announces Amendment to Credit Facilities

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水曜日, 3月 27, 2024

J. P. Morgan, Growth, National Bank of Canada, Bank, Public expenditure, Toronto-Dominion Bank, Bank of Montreal, Royal Bank, Adjustment, Commerce, TSX, Royal Bank of Canada, National bank, BOS, Comerica, CAD, Pet industry

NEWMARKET, Ontario, March 27, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced that it has amended its senior secured revolving credit facilities.

Key Points:

NEWMARKET, Ontario, March 27, 2024 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX:ABSSF) (the “Company” or “AirBoss”) today announced that it has amended its senior secured revolving credit facilities.
Key changes include the following:
A downsizing of the credit facility from US$250 million to US$150 million in 2024 and 2025, and US$175 million thereafter;
Commencing with dividends payable after April 2024, the Company will pay a maximum quarterly dividend of CAD$1.0 million, until the end of 2025;
A maximum of US$10 million in 2024 and US$20 million in 2025, of capital expenditures, unless approved by the lenders; and
Replacing the leverage and interest coverage ratios with minimum Adjusted EBITDA and liquidity requirements, and excluding certain charges from the calculation of Adjusted EBITDA, until the end of 2024.
“We appreciate the continued support of our syndicate of lenders,” said Chris Bitsakakis, President and Co-CEO of AirBoss.
“While these amendments require some adjustments to our dividend and capital expenditure policies, we believe they are in the best interest of our shareholders and other stakeholders as they will enable us to invest in our long-term growth and create sustainable value while prioritizing deleveraging, continuing our goal of transforming AirBoss into a global market leader in the custom rubber compounding market and the industries which we serve.”
The syndicate of lenders remains The Toronto-Dominion Bank, as sole lead arranger, National Bank of Canada, Comerica Bank, J.P. Morgan, Bank of Montreal, Canadian Imperial Bank of Commerce and Royal Bank of Canada.

BOS' Intelligent Robotics Division Receives an Order for €565,000

Retrieved on:

月曜日, 3月 25, 2024

Online, BOS, LE, Robotics

RISHON LE ZION, Israel, March 25, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) announced today that its Intelligent Robotics Division has received a €565,000 order for a robotic production line from an Israeli defense-industry customer.

Key Points:

RISHON LE ZION, Israel, March 25, 2024 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ: BOSC) announced today that its Intelligent Robotics Division has received a €565,000 order for a robotic production line from an Israeli defense-industry customer.
The order is for delivery in the fourth quarter of 2024.
Eyal Cohen, BOS' CEO, stated: “Our strategic growth plan for the Intelligent Robotics division focuses on customers from the Israeli defense market, which have a great potential for recurring orders.
I am pleased with the execution of this strategy that is reflected by this order from an existing customer.”

JetBlue Expands Transatlantic Service to Paris With Launch of Daily Nonstop Flight From Boston

Retrieved on:

木曜日, 4月 4, 2024

Air, Transport, Transportation, Vacation, Destinations, Travel, Tea, DIG, Caraá, Sport, Tuft, DHG, Partnership, Coffee, Legacy Recordings, Terminal, Sale, News, JetBlue Mint, A321, A321LR, Carbon, Plus ultra, Wine, Investment, JetBlue, Tuft & Needle, TrueBlue, Restaurant, Atmosphere, CDG, Aircraft, Fortification, Beer, BOS, Paris Agreement, Economics, Television, SAF, Airline

The A321 - offering the range of a wide-body but with the economics of a single-aisle aircraft- allows JetBlue to effectively disrupt the transatlantic market with the airline’s award-winning service and low fares.

Key Points:

The A321 - offering the range of a wide-body but with the economics of a single-aisle aircraft- allows JetBlue to effectively disrupt the transatlantic market with the airline’s award-winning service and low fares.
Charles de Gaulle airport is Europe’s second busiest international airport, serving more than 76 million travelers in 2019.
Through this strategy, JetBlue’s goal is to reach net zero carbon emissions by 2040, ten years ahead of broader industry targets.
JetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando and San Juan.