Phase 10

NaaS Technology Inc. Reports Unaudited 2023 First Quarter Financial Results

Retrieved on: 
금요일, 6월 16, 2023

BEIJING, June 16, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.

Key Points: 
  • BEIJING, June 16, 2023 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NAAS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.
  • First Quarter 2023 Operational Highlights:
    Charging volume transacted through NaaS' network reached 1,023 GWh in the first quarter of 2023, representing an increase of 112% year over year.
  • First Quarter 2023 Financial Highlights:
    Revenues grew by 150% year over year and reached RMB36.2 million (US$5.3 million) in the first quarter of 2023.
  • First Quarter 2023 Financial Results:
    Total revenues reached RMB36.2 million (US$5.3 million) in the first quarter of 2023, representing an increase of 150% year over year.

Aridis Pharmaceuticals Announces First Quarter 2023 Financial Results and Business Update

Retrieved on: 
목요일, 6월 8, 2023

LOS GATOS, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- Aridis Pharmaceuticals, Inc. (Nasdaq: ARDS), a biopharmaceutical company focused on the discovery and development of novel anti-infective therapies for treating life-threatening infections, today reported financial and corporate results for its first quarter ended March 31, 2023.

Key Points: 
  • LOS GATOS, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- Aridis Pharmaceuticals, Inc. (Nasdaq: ARDS), a biopharmaceutical company focused on the discovery and development of novel anti-infective therapies for treating life-threatening infections, today reported financial and corporate results for its first quarter ended March 31, 2023.
  • “Our first quarter results demonstrate the continued progress and momentum of Aridis Pharmaceuticals.
  • First Quarter 2023 Financial Results:
    Cash: Total cash, cash equivalents and restricted cash as of March 31, 2023, were approximately $1.8 million.
  • Change in Other Comprehensive Income: Change in other comprehensive income increased by approximately $861,000 for the quarter ended March 31, 2023 from $0 for the quarter ended March 31, 2022.

The first line of vaccines was highly effective at restricting COVID-19’s damage

Retrieved on: 
목요일, 6월 1, 2023

COVID-19 vaccination was deemed crucial to prevent the continued spread of the disease, protect those infected from experiencing severe effects, counter the rise of new variants, and ultimately end the pandemic.

Key Points: 
  • COVID-19 vaccination was deemed crucial to prevent the continued spread of the disease, protect those infected from experiencing severe effects, counter the rise of new variants, and ultimately end the pandemic.
  • Understanding the effectiveness of vaccines remains crucial.

Primary doses and boosters

    • A total of 5.09 billion people have completed a primary COVID-19 vaccination series (i.e., two doses of a two-dose vaccine or one dose of a one-dose vaccine).
    • First, how well does the primary series of COVID-19 vaccines protect people (against infections, hospitalizations and deaths) four months or more after completing vaccination?
    • Answering these questions will provide invaluable information for policymakers to make evidence-based decisions, such as the timing of administering COVID-19 vaccine booster doses.


    In total, we identified 68 studies that met these criteria, representing 23 countries. We then combined all the data to better understand how the vaccines’ protection changes over time. The results were published in Lancet Respiratory Medicine.

Protection against COVID-19, in general

    • Specifically, vaccines should show at least 70 per cent protection against infections and 90 per cent protection against hospitalizations and deaths.
    • We found that the primary series offered excellent protection against hospitalizations and deaths in the short term, showing over 90 per cent protection against both outcomes within 42 days after vaccination.
    • Protection then fell to around 45 per cent against infections and to around 70 per cent against hospitalizations after four months had passed.

Protection against the Omicron variant

    • Vaccines were generally less effective against the Omicron variant, which emerged in fall 2021, about a year after COVID-19 vaccines were introduced.
    • The primary series’ protection against hospitalization for Omicron infections reached around 70 per cent within the first 42 days, but also dropped over time, reaching closer to 50 per cent after six months.
    • Yet, booster protection also waned over time, falling to about 40 per cent against Omicron infections and 70 per cent against hospitalizations after four months post-booster.
    • With Omicron, boosters are particularly needed to maintain adequate protection, but this protection also needs additional boosting as it wanes over time.

Behaviour-based prevention measures remain necessary

    • That means measures like wearing a mask, washing one’s hands, and staying at home when sick remain essential complements to vaccination.
    • Contrary to vaccines, these measures do not decline in effectiveness over time and are particularly well suited to protect people against infections.
    • Keven Joyal-Desmarais receives funding from the Fonds de recherche du Québec (FRQ) and the Canadian Institutes of Health Research (CIHR).

Tims China Announces First Quarter 2023 Financial Results

Retrieved on: 
화요일, 5월 30, 2023

Mr. Yongchen Lu, CEO & Director of Tims China, commented, “We are pleased to have set a new record for quarterly revenues while achieving positive adjusted store EBITDA in the first quarter of 2023.

Key Points: 
  • Mr. Yongchen Lu, CEO & Director of Tims China, commented, “We are pleased to have set a new record for quarterly revenues while achieving positive adjusted store EBITDA in the first quarter of 2023.
  • As a result, the number of delivery and takeaway orders in the first quarter of 2023 increased by 74.2% from the same quarter in 2022.
  • Basic and diluted net loss per ordinary share was RMB1.25 (USD0.18) in the first quarter of 2023, compared to RMB1.21 in the first quarter of 2022.
  • Adjusted basic and diluted net loss per ordinary share was RMB0.84 (USD0.12) in the first quarter of 2023, compared to RMB0.93 in the first quarter of 2022.

LexinFintech Holdings Ltd. Reports First Quarter Unaudited Financial Results

Retrieved on: 
수요일, 5월 24, 2023

SHENZHEN, China, May 24, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2023.

Key Points: 
  • SHENZHEN, China, May 24, 2023 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended March 31, 2023.
  • Net profit margin increased to 11.0% from 4.8% in the first quarter of 2022 and 9.9% in the fourth quarter of 2022.
  • The nominal APR5 was 17.1% for the first quarter of 2023, as compared with 14.4% in the first quarter of 2022.
  • First Quarter 2023 Financial Highlights:
    Total operating revenue was RMB2,983 million, representing an increase of 74.2% from the first quarter of 2022.
    Credit facilitation service income was RMB2,116 million, representing an increase of 136% from the first quarter of 2022.

Although Short Selling Is Legal, Why Naked Short Selling is Illegal with Consequences

Retrieved on: 
목요일, 5월 18, 2023

PALM BEACH, Fla., May 18, 2023 /PRNewswire/ -- While Short Selling a stock is legal in most markets Naked Short Selling is not. Short-Selling a stock is profitable if the stock in question drops in value. Traditional investing involves buying a stock and hoping to sell it later at a higher price. Short-Selling involves borrowing and selling a stock now and hoping to buy it back later at a lower price. Technically, Short-Selling involves first borrowing shares held by other investors. That party can then sell those shares. At a later date, the shares need to be repurchased by the Short-Seller, and then returned back to the original owner who lent them. A recent article in Seeking Alpha explained: "Naked short selling involves the short selling of shares that do not exist. It is illegal—the legal way to short sell is to first borrow the shares before selling and opening up a short position. Naked short selling, or naked shorting, is the process of selling shares of an investment security that have not been confirmed to exist. In contrast, conventional short selling begins with an investor borrowing shares. Naked shorting is done without having first borrowed the shares, hence the 'naked' moniker. Naked short selling is not legal in the United States. A seller of a security is required to deliver shares of the security to a buyer promptly at settlement. Since naked shorting involves the selling of shares that do not exist, or have not been borrowed, a scenario is made possible where the seller fails to deliver the equity security to the buyer at settlement. Put simply, if shares are not available to 'cover' a short sale, the short position is said to be naked." Active companies in the markets this week include ShiftPixy, Inc. (NASDAQ: PIXY), AMTD Digital Inc. (NYSE: HKD), AMC Entertainment Holdings, Inc. (NYSE: AMC), GameStop Corp. (NYSE: GME), Beyond Meat, Inc. (NASDAQ: BYND).

Key Points: 
  • A recent article in Seeking Alpha explained: "Naked short selling involves the short selling of shares that do not exist.
  • Naked short selling, or naked shorting, is the process of selling shares of an investment security that have not been confirmed to exist.
  • Put simply, if shares are not available to 'cover' a short sale, the short position is said to be naked."
  • The article continued: "Naked short selling differs from normal short selling because naked shorting involves the selling of shares without having first borrowed the shares.

Although Short Selling Is Legal, Why Naked Short Selling is Illegal with Consequences

Retrieved on: 
목요일, 5월 18, 2023

PALM BEACH, Fla., May 18, 2023 /PRNewswire/ -- While Short Selling a stock is legal in most markets Naked Short Selling is not. Short-Selling a stock is profitable if the stock in question drops in value. Traditional investing involves buying a stock and hoping to sell it later at a higher price. Short-Selling involves borrowing and selling a stock now and hoping to buy it back later at a lower price. Technically, Short-Selling involves first borrowing shares held by other investors. That party can then sell those shares. At a later date, the shares need to be repurchased by the Short-Seller, and then returned back to the original owner who lent them. A recent article in Seeking Alpha explained: "Naked short selling involves the short selling of shares that do not exist. It is illegal—the legal way to short sell is to first borrow the shares before selling and opening up a short position. Naked short selling, or naked shorting, is the process of selling shares of an investment security that have not been confirmed to exist. In contrast, conventional short selling begins with an investor borrowing shares. Naked shorting is done without having first borrowed the shares, hence the 'naked' moniker. Naked short selling is not legal in the United States. A seller of a security is required to deliver shares of the security to a buyer promptly at settlement. Since naked shorting involves the selling of shares that do not exist, or have not been borrowed, a scenario is made possible where the seller fails to deliver the equity security to the buyer at settlement. Put simply, if shares are not available to 'cover' a short sale, the short position is said to be naked." Active companies in the markets this week include ShiftPixy, Inc. (NASDAQ: PIXY), AMTD Digital Inc. (NYSE: HKD), AMC Entertainment Holdings, Inc. (NYSE: AMC), GameStop Corp. (NYSE: GME), Beyond Meat, Inc. (NASDAQ: BYND).

Key Points: 
  • A recent article in Seeking Alpha explained: "Naked short selling involves the short selling of shares that do not exist.
  • Naked short selling, or naked shorting, is the process of selling shares of an investment security that have not been confirmed to exist.
  • Put simply, if shares are not available to 'cover' a short sale, the short position is said to be naked."
  • The article continued: "Naked short selling differs from normal short selling because naked shorting involves the selling of shares without having first borrowed the shares.

OMNI-LITE INDUSTRIES ANNOUNCES FIRST QUARTER FISCAL 2023 RESULTS AND CONFERENCE CALL FOR INVESTORS: MAY 18, 2023, AT 11:00 AM EDT

Retrieved on: 
수요일, 5월 17, 2023

Revenue for the first quarter of fiscal 2023 was approximately US$2.7 million, an improvement of 15% as compared to the first quarter of fiscal 2022.

Key Points: 
  • Revenue for the first quarter of fiscal 2023 was approximately US$2.7 million, an improvement of 15% as compared to the first quarter of fiscal 2022.
  • First quarter of fiscal 2023 bookings were US$3.2 million, as compared to bookings of US$2.5 million in the first quarter of fiscal 2022, an increase of 28%.
  • Omni-Lite ended the first quarter of fiscal 2023 with a backlog of US$4.1 million, an increase of 11% from the first quarter of fiscal 2022.
  • David Robbins, Omni-Lite’s CEO, stated "Omni-Lite Industries started fiscal 2023 with a solid first quarter, with an organic revenue increase of 15% year-over-year.

DSS, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023

Retrieved on: 
화요일, 5월 16, 2023

The revenue from printed products in March 2023 was $6,130,000 compared to $3,569,000 in March 2022.

Key Points: 
  • The revenue from printed products in March 2023 was $6,130,000 compared to $3,569,000 in March 2022.
  • Improvement of our operating loss – The operating loss for March 31, 2023, was $5,580,000 as compared to $7,319,000 for March 2022.
  • Cost of revenue decreased – The cost of revenue decreased 4% in March 2023 as compared to March 2022.
  • To see a complete version of the Company's First Quarter Results on Form 10-Q, please click on the following link: https://www.sec.gov/ix?doc=/Archives/edgar/data/0000771999/0001493152230...

Qualigen Therapeutics, Inc. Reports Financial Results and Corporate Update for Quarter Ending March 31, 2023

Retrieved on: 
화요일, 5월 16, 2023

CARLSBAD, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Qualigen Therapeutics, Inc. (Nasdaq: QLGN), a diversified life sciences company focused on developing treatments for adult and pediatric cancers with potential for Orphan Drug Designation, while also commercializing diagnostics, today announces financial results for the first quarter ending March 31, 2023, and provides a corporate update.

Key Points: 
  • CARLSBAD, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Qualigen Therapeutics, Inc. (Nasdaq: QLGN), a diversified life sciences company focused on developing treatments for adult and pediatric cancers with potential for Orphan Drug Designation, while also commercializing diagnostics, today announces financial results for the first quarter ending March 31, 2023, and provides a corporate update.
  • “Within our cancer therapeutics pipeline, we are making continued progress both on the development side, and through recognition within the scientific community.
  • Net cash used in operating activities was $2.6 million for the quarter ended March 31, 2023, as compared to $3.9 million for the corresponding period in 2022.
  • As of March 31, 2023, the Company had approximately $4.4 million in cash.