ASU

Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights

Retrieved on: 
Thursday, February 22, 2024

CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023.

Key Points: 
  • CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023.
  • “I am pleased to announce results for Riot for 2023, which proved to be another milestone year in Riot’s ongoing development as a leading vertically integrated Bitcoin miner,” said Jason Les, CEO of Riot.
  • Earned $71.2 million in power credits through support of the ERCOT grid in Texas during several weather-related supply/demand issues in 2023.
  • Engineering revenue in excess of engineering cost of revenue for the year ended December 31, 2023 was $3.7 million.

Pool Corporation Reports Year End and Fourth Quarter 2023 Results; Provides 2024 Earnings Guidance

Retrieved on: 
Thursday, February 22, 2024

COVINGTON, La., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq/GSM:POOL) today announced full year and fourth quarter 2023 results.

Key Points: 
  • Fourth quarter ended December 31, 2023 compared to the fourth quarter ended December 31, 2022
    Net sales decreased 8% to $1.0 billion in the fourth quarter of 2023 compared to $1.1 billion in the fourth quarter of 2022.
  • Gross margin increased 50 basis points to 29.3% in the fourth quarter of 2023 compared to 28.8% in the fourth quarter of 2022.
  • Operating expenses increased 3% to $214.4 million in the fourth quarter of 2023 compared to $208.4 million in the fourth quarter of 2022.
  • Earnings per diluted share decreased 27% to $1.32 in the fourth quarter of 2023 compared to $1.82 for the same period in 2022.

Flinn Foundation Names Leadership of Arizona’s Statewide Bioscience Committee

Retrieved on: 
Tuesday, February 27, 2024

The committee, administered by the Flinn Foundation, is the statewide leadership group responsible for overseeing Arizona’s Bioscience Roadmap, the long-term strategic plan to guide the growth and development of the state’s bioscience sector.

Key Points: 
  • The committee, administered by the Flinn Foundation, is the statewide leadership group responsible for overseeing Arizona’s Bioscience Roadmap, the long-term strategic plan to guide the growth and development of the state’s bioscience sector.
  • Barton, who became a committee member in 2013, will be in a committee leadership position for the first time.
  • Over the next 18 months, the committee’s guidance will be critical in the Flinn Foundation’s planned update to Arizona’s Bioscience Roadmap—the first since 2014.
  • Carter joins a distinguished group of community and bioscience leaders who have led the committee since its inception in 2002.

HealthStream Announces Fourth Quarter & Full-Year 2023 Results; Increases Quarterly Dividend

Retrieved on: 
Monday, February 19, 2024

A reconciliation of projected adjusted EBITDA to projected net income (the most comparable GAAP measure) is included later in this release.

Key Points: 
  • A reconciliation of projected adjusted EBITDA to projected net income (the most comparable GAAP measure) is included later in this release.
  • Commenting on fourth quarter & full-year 2023 results, Robert A. Frist, Jr., Chief Executive Officer, HealthStream, said, “Our financial performance for full-year 2023 was strong.
  • Compared to the prior year, in 2023 our revenues were up five percent, adjusted EBITDA was up 15 percent, operating income was up 29 percent, and net income was up 26 percent.
  • Adjusted EBITDA is a non-GAAP financial measure and should not be considered as a measure of financial performance under GAAP.

TaxBit Elevates Crypto Asset Accounting Compliance with Enterprise Reporting Aligned to Latest FASB Guidance

Retrieved on: 
Thursday, February 29, 2024

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- TaxBit, an industry-leading accounting and tax solution for the digital economy, has introduced a FASB Reporting feature into its Accounting Suite. This reporting module supports the latest Accounting Standard Update (ASU) 2023-08 that was issued by the Financial Accounting Standards Board (FASB) and is immediately available for early adoption.

Key Points: 
  • This reporting module supports the latest Accounting Standard Update (ASU) 2023-08 that was issued by the Financial Accounting Standards Board (FASB) and is immediately available for early adoption.
  • TaxBit's FASB Reporting feature is specifically designed to simplify and automate the new required disclosure reporting associated with this recently issued guidance.
  • At TaxBit's Future of Crypto Accounting Roundtable event featuring FASB Supervising Project Manager, Nick Cappiello underscored the vital role of accounting in evaluating the true value of crypto assets.
  • Features of TaxBit's FASB Reporting Feature include:
    Support for the New Requirements Disclosure Reports: TaxBit has specifically built new out-of-the-box reports that are aligned with the FASB disclosure requirements.

SOURCE Global Congratulates 2024 ASU Innovation Open Winners

Retrieved on: 
Thursday, February 29, 2024

SCOTTSDALE, Ariz., Feb. 29, 2024 /PRNewswire-PRWeb/ -- A proud supporter of the ASU Innovation Open (ASUio) and sponsor of the $25,000 Technology for Social Equity Prize, SOURCE Global congratulates the eight student-led startups who won a share of nearly $400,000 in prize money — the largest amount for a university-sponsored event in the country.

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 29, 2024 /PRNewswire-PRWeb/ -- A proud supporter of the ASU Innovation Open (ASUio) and sponsor of the $25,000 Technology for Social Equity Prize, SOURCE Global congratulates the eight student-led startups who won a share of nearly $400,000 in prize money — the largest amount for a university-sponsored event in the country.
  • Now in its eighth year, ASUio gives top collegiate entrepreneurs the chance to keep moving their ventures forward without giving up equity.
  • The $25,000 Technology for Social Equity Prize, sponsored by SOURCE, was awarded to Oleo Sustainable Palm Oil Solutions.
  • SOURCE Global Founder and CEO Dr. Cody Friesen, an ASU graduate and Fulton Engineering Professor of Innovation in the Ira A. Fulton Schools of Engineering, knows how valuable competing in an event like ASUio can be.

Denny's Returns as Orange Blossom Classic Title Sponsor in 2024

Retrieved on: 
Thursday, February 22, 2024

MIAMI GARDENS, Fla., Feb. 22, 2024 /PRNewswire/ -- Orange Blossom Classic Committee, the esteemed organizing body behind one of college football's most iconic events, proudly announces the return of Denny's as the title partner of the Orange Blossom Classic (OBC) in 2024.

Key Points: 
  • MIAMI GARDENS, Fla., Feb. 22, 2024 /PRNewswire/ -- Orange Blossom Classic Committee, the esteemed organizing body behind one of college football's most iconic events, proudly announces the return of Denny's as the title partner of the Orange Blossom Classic (OBC) in 2024.
  • Fans can anticipate the continuation of excellence at the Denny's Orange Blossom Classic in 2024.
  • For tickets and more information about the Denny's Orange Blossom Classic featuring ASU Hornets and NCCU Eagles at Hard Rock Stadium on Sunday, September 1, 2024, visit www.OrangeBlossomClassic.com .
  • Connect with Orange Blossom Classic Committee's One BIG Community on Facebook, Instagram, TikTok, and Twitter at @OrangeBlossomFC.

Vestar Reports Strong Results for 2023

Retrieved on: 
Thursday, February 15, 2024

PHOENIX, Feb. 15, 2024 /PRNewswire/ -- Vestar, one of the leading privately held shopping center owners and operators in the Western United States, experienced a landmark year in 2023.

Key Points: 
  • PHOENIX, Feb. 15, 2024 /PRNewswire/ -- Vestar, one of the leading privately held shopping center owners and operators in the Western United States, experienced a landmark year in 2023.
  • Furthermore, Vestar's community efforts attracted new customers in 2023, hosting approximately 2,000 events across its 40+ properties in 7 states.
  • Vestar demonstrated its commitment to giving back to the community through more than 100 charity partnerships that were secured in 2023.
  • For more about Vestar and the company's growing portfolio of retail and entertainment destinations, visit Vestar.com .

Microchip’s Low-Cost PolarFire® SoC Discovery Kit Makes RISC-V® and FPGA Design More Accessible for a Wider Range of Embedded Engineers

Retrieved on: 
Thursday, February 15, 2024

To fill this gap and help empower innovation, Microchip Technology (Nasdaq: MCHP) has launched the PolarFire® SoC Discovery Kit .

Key Points: 
  • To fill this gap and help empower innovation, Microchip Technology (Nasdaq: MCHP) has launched the PolarFire® SoC Discovery Kit .
  • By offering a user-friendly, feature-rich development kit for embedded processing and compute acceleration, Microchip is making emerging technology more accessible to engineers at all levels.
  • This full-featured, yet low-cost kit allows rapid testing of application concepts, developing firmware applications, programming and debugging user code.
  • The PolarFire SoC Discovery Kit is available starting at $132 for the general public and only $99 through Microchip’s Academic Program.

DESERT FINANCIAL ANNOUNCES CHANGEMAKERS NIL PROGRAM FOR ARIZONA STUDENT-ATHLETES

Retrieved on: 
Tuesday, February 13, 2024

PHOENIX, Feb. 13, 2024 /PRNewswire/ -- Desert Financial Credit Union announces a new name, image and likeness (NIL) program, called Changemakers, with a focus on college athletes who excel in sports and community involvement. Desert Financial recruited five Arizona State University® (ASU®) student-athletes to serve as the first Changemakers.

Key Points: 
  • PHOENIX, Feb. 13, 2024 /PRNewswire/ -- Desert Financial Credit Union announces a new name, image and likeness (NIL) program, called Changemakers, with a focus on college athletes who excel in sports and community involvement.
  • Desert Financial recruited five Arizona State University® (ASU®) student-athletes to serve as the first Changemakers.
  • Changemakers will participate in Desert Financial community outreach efforts, including Random Acts of Kindness, teacher appreciation and financial well-being events, and will receive complimentary financial education from Desert Financial.
  • The first to join the Desert Financial Changemakers is Kate Fitzgerald, an ASU beach volleyball player and entrepreneur.