Stock dilution

Ennis, Inc. Reports Results for the Quarter Ended November 30, 2023 and Declares Quarterly Dividend

Retrieved on: 
Monday, December 18, 2023
Packaging, Other Natural Resources, Forest Products, Manufacturing, Natural Resources, Other Manufacturing, Diamond, Acquisition, NYSE, Treasury, Depreciation, Stock dilution, Nature, GAAP, ERP, Advertising mail, Government, Video game, EBITDA

Ennis, Inc. (the “Company”), (NYSE: EBF), today reported financial results for the third quarter ended November 30, 2023.

Key Points: 
  • Ennis, Inc. (the “Company”), (NYSE: EBF), today reported financial results for the third quarter ended November 30, 2023.
  • Earnings per diluted share for the current quarter were $0.38 compared to $0.44 for the comparative quarter last year.
  • Our gross profit margin for the quarter was 29.2% compared to 30.4% for the comparative quarter last year.
  • The Company’s revenues for the third quarter ended November 30, 2023 were $104.6 million compared to $110.2 million for the same quarter last year, a decrease of $5.6 million, or 5.1%.

iSun Inc. Secures $8.0 million Term Loan

Retrieved on: 
Thursday, December 14, 2023
Commercial Building & Real Estate, Utilities, Construction & Property, Environment, Alternative Energy, Energy, Green Technology, Residential Building & Real Estate, Climate change, Senior, Stock dilution, Solar energy, Decathlon, Retirement, LP, Security (finance), Histan

The transaction, which carries a 48-month term, is a straight debt instrument, thus avoiding any equity dilution.

Key Points: 
  • The transaction, which carries a 48-month term, is a straight debt instrument, thus avoiding any equity dilution.
  • Debt service payments begin at a smaller initial level and increase over the course of the loan in several step-ups, tracking the Company’s revenue growth.
  • Along with Decathlon’s collaborative approach and covenant-light terms, these features make this an ideal funding instrument for iSun at this stage of the company’s life.
  • After careful consideration of all available financing options, the terms negotiated with Decathlon were the most favorable for the iSun shareholders.

Johnson & Johnson Announces Key Drivers for Long-Term Competitive Growth at Enterprise Business Review

Retrieved on: 
Tuesday, December 5, 2023
Retail, Health, Other Retail, Health Technology, Pharmaceutical, Biotechnology, Acquisition, JNJ, NYSE, Johnson & Johnson, Innovative Medicines Canada, Medtech, Stock dilution, EPS, EST, Growth, Robotics, Fine chemical, Management, Cryptocurrency, Laminar

Specifically:

Key Points: 
  • Specifically:
    Enterprise: Uniquely positioned to lead the next wave of healthcare innovation through transformational science and technology.
  • Given the Company’s confidence in its future growth prospects and the strength of its pipeline, Johnson & Johnson is providing long-term financial targets and expects:
    At least 3%* operational sales growth in 20255, despite STELARA biosimilar entry in the United States
    MedTech: Delivering growth through our differentiated pipeline and geographic expansion.
  • The Company expects to build upon its market-leading position with continued expansion into high-growth markets such as interventional cardiovascular, robotics and digital.
  • A replay and supporting content will be available at the same link by the end of the day on December 5, 2023.

Snowflake Reports Financial Results for the Third Quarter of Fiscal 2024

Retrieved on: 
Wednesday, November 29, 2023
Data Management, Security, Technology, Software, Networks, Internet, Cloud, Holiday, Employee stock purchase plan, Webcast, SECURE Act, Security (finance), RPO, Bank statement, Stock dilution, Intelligence, Marketing, Uncertainty, Net, GAAP, Tag cloud, Table, Growth, Snowflake Inc., Use, Snowflake, Environment, Access, Forbes Global 2000, Holding company, Bank, Risk management, Fine chemical, Terrain park

See the section titled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of non-GAAP financial measures.

Key Points: 
  • See the section titled “Statement Regarding Use of Non-GAAP Financial Measures” for an explanation of non-GAAP financial measures.
  • The full-year fiscal 2024 product revenue guidance is based on the higher end of the fourth quarter fiscal 2024 guidance.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this release.
  • We use these non-GAAP financial measures internally for financial and operational decision-making purposes and as a means to evaluate period-to-period comparisons.

Riskified Continues to Execute on Land and Expand Strategy to Achieve Third Quarter Revenue Growth of 14%

Retrieved on: 
Wednesday, November 15, 2023
Data Management, Security, Technology, Software, Electronic Commerce, Artificial Intelligence, Webcast, Disclosure, EBITDA, Conference proceedings, Security (finance), Depreciation, Annual report, Privacy, Exercise, Risk, Share repurchase, Tax, History, Insurance, Public expenditure, Stock dilution, Artificial intelligence, Instability, GAAP, Adjustment, PSD2, E-commerce, Partnership, Table, Gross merchandise volume, CTB, Growth, Failure, Performance indicator, GMV, Cryptocurrency, Bookkeeping, Bank, Riskified

These results are testament to the overall strength of the business, and to our ability to execute and find leverage in the model.

Key Points: 
  • These results are testament to the overall strength of the business, and to our ability to execute and find leverage in the model.
  • We are updating our revenue guidance for the year ending December 31, 2023 as follows:
    Revenue between $297 million and $300 million.
  • We are committed to continuing to manage the business in a disciplined manner and seek to identify further leverage in the business model.
  • (1) GMV is a key performance indicator and Adjusted EBITDA is a non-GAAP measure of financial performance.

Everbridge Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023
Public Policy, Government, Software, Networks, Internet, Law Enforcement, Emergency Services, Technology, Mobile, Wireless, Security, EBITDA, CEM, City, Artificial intelligence, CAP, Stock dilution, Emergency, ARR, Common Alerting Protocol, GAAP, Creation, Monolithic kernel, Growth, Everbridge, Overalls, Patent, Cryptocurrency, Video game, Commercial property, Medical device

Everbridge , Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Everbridge , Inc. (Nasdaq: EVBG), the global leader in critical event management (CEM) and national public warning solutions, today announced its financial results for the third quarter ended September 30, 2023.
  • “We delivered solid third quarter results as we continue to improve our go-to-market execution and overall operating efficiency,” said David Wagner, President and CEO of Everbridge.
  • GAAP net income was $1.7 million, compared to GAAP net loss of $(22.1) million for the third quarter of 2022.
  • Based on information available as of today, Everbridge is issuing guidance for the fourth quarter and full year 2023 as indicated below.

Liberty Media and SiriusXM Announce Transaction to Simplify Ownership Structure of SiriusXM

Retrieved on: 
Tuesday, December 12, 2023
Liberty Media, Stock dilution, Advertising, Form 10-K, Local, Pandora, Growth, Bank of America, Sport, News, Webcast, Sirius XM, Telephone, Bank, J. P. Morgan, Form, Cost-exchange ratio, Formula One, Participation, Principal, EBITDA, Simpson Thacher & Bartlett, Morgan Stanley, SIRI, Par value, O'Melveny & Myers, Solomon Partners, Prospectus, Proxy, Lead, Policy, Attention, ANY, DeBevoise, Committee, Risk, AS, The Company, Martha Plimpton, AND, Cryptocurrency, Holding company, Insurance, Security (finance), Music, Liberty

ENGLEWOOD, Colo. and NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Liberty Media Corporation ("Liberty Media" or "Liberty") (NASDAQ: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc. (NASDAQ: SIRI) ("SiriusXM" or the "Company"), the leading audio entertainment company in North America, today announced that they have entered into definitive agreements whereby Liberty Media's Liberty SiriusXM tracking stock group (NASDAQ: LSXMA, LSXMB and LSXMK) (collectively "LSXM"), will be combined with SiriusXM to create a new public company ("New SiriusXM"), which will continue to operate under the SiriusXM name and brand. New SiriusXM will have a single outstanding series of common stock and is expected to continue to be traded on the Nasdaq Global Select Market under the ticker symbol "SIRI".

Key Points: 
  • New SiriusXM will have a simplified ownership structure and benefit from greater strategic flexibility and independence.
  • A wholly owned subsidiary of SplitCo will then merge with SiriusXM, and existing SiriusXM stockholders (other than Liberty Media) will receive 1:1 shares of SplitCo, which will become New SiriusXM.
  • A subsidiary of Liberty Media owning a majority of the outstanding shares of SiriusXM has delivered a written consent approving the transaction on behalf of SiriusXM stockholders.
  • Liberty Media and SiriusXM will hold a joint investor conference call and webcast at 8:30 AM ET to discuss the details of the transaction.

Power Nickel to Raise $2,750,000 at $0.90 Per Share to Complete Next Stage of Feasibility Study with CVMR Corporation

Retrieved on: 
Monday, November 20, 2023
Sale, Economics, Battery, Stillwater Mining Company, Private placement, Metal, TSX Venture Exchange, ITA, FT, Powder, Income Tax Act 1967, Stock dilution, Mining, Placement, Benchmarking, Copper, Lynch, EV, Private, Income Tax Act, News, Mobile phone, Palladium, Platinum, Cobalt, Nickel

CVMR is coordinating the production of advanced bench scale, piloting, and engineering studies on the Nisk Nickel Sulfide Project near Nemaska, Quebec to determine project feasibility.

Key Points: 
  • CVMR is coordinating the production of advanced bench scale, piloting, and engineering studies on the Nisk Nickel Sulfide Project near Nemaska, Quebec to determine project feasibility.
  • The agreement is staged, allowing for Power Nickel and CVMR to work together on various stages of engineering studies.
  • As part of the process, CVMR will acquire these shares from the front-end purchasers for $0.45 per share.
  • Further to the Company's announcement made on August 15th, Power Nickel will make the next payment of $2,250,000 to CVMR to complete the next stage of the feasibility study.

EQS-News: Continued strong performance in the third quarter of 2023

Retrieved on: 
Wednesday, December 13, 2023
Omicron, D2C, AOP, Growth, Term loan, EBITDA, Movement, Supervisory board, Prognosis, GBP, Cinven, FY, EV, FX, COVID-19 testing, Veterinary medicine, Acquisition, PPT, Stock dilution, COVID-19, CET, Pharmaceutical industry, Beauty salon, Fine chemical, Cryptocurrency, Synnovis, AEBITDA

The third quarter saw revenues of €617 million (Q3 2022: €698 million) including only €4 million from COVID-19 testing (Q3 2022: €102 million).

Key Points: 
  • The third quarter saw revenues of €617 million (Q3 2022: €698 million) including only €4 million from COVID-19 testing (Q3 2022: €102 million).
  • Q3 2023 underlying growth was 5.1% with strong volume growth of 3.5% and price increase of 1.6%.
  • Synnovis, the South East London hospital outsourcing contract grew 14.3% in Q3 2023 and contributed 1.9pts of the overall Q3 2023 underlying growth.
  • €200 million TLA debt was subsequently reimbursed in Q4 2023 following the sale of the Veterinary business at the end of September 2023.

BlockQuarry Corp. Announces Favorable Settlement Agreement, Regains Possession of Gaffney Mining Assets and Reveals Plans For Current Operations, Debt Consolidation

Retrieved on: 
Wednesday, November 8, 2023
IBN, Mining, OTC, News, Gaffney, Acquisition, Miner, Hand, Operations management, Stock dilution, Bank

The Company has reached a settlement agreement, regaining possession of mining inventory that includes pods, transformers, storage containers and miners, amongst other proceeds, from the current Gaffney, South Carolina, location.

Key Points: 
  • The Company has reached a settlement agreement, regaining possession of mining inventory that includes pods, transformers, storage containers and miners, amongst other proceeds, from the current Gaffney, South Carolina, location.
  • In addition to the acquisition of these assets, the Company is excited to provide several forward-looking statements regarding updates on future debt consolidation, and operational plans for the current mining inventory and assets on hand.
  • Alozno Pierce, president and chair of BlockQuarry, couldn’t be more excited as to what this moment means for the future of the Company.
  • Stay updated with the latest news and developments by following BlockQuarry on Twitter and through official press releases.