ARR

ARMOUR Residential REIT, Inc. Announces Chief Financial Officer Transition

Retrieved on: 
Wednesday, March 13, 2024

VERO BEACH, Florida, March 13, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the appointment of Vice President of Finance and Controller Gordon Harper as Chief Financial Officer and Secretary, effective March 11, 2024.

Key Points: 
  • VERO BEACH, Florida, March 13, 2024 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the appointment of Vice President of Finance and Controller Gordon Harper as Chief Financial Officer and Secretary, effective March 11, 2024.
  • Mr. Harper succeeds James Mountain, who was removed as Chief Financial Officer and Secretary.
  • Mr. Harper has served as the Vice President of Finance and Controller for the Company as well as its external manager, ARMOUR Capital Management LP, since 2015.
  • He became a named executive officer of the Company in February 2017.

Multinational IT Enterprise Chooses Bridgeline’s HawkSearch High-Performance Hosting

Retrieved on: 
Wednesday, March 13, 2024

The contract, which secures $72 thousand in annual recurring revenue (ARR), will leverage Bridgeline's HawkSearch High-performance Hosting services to enhance the enterprise’s websites across the United States and Asia.

Key Points: 
  • The contract, which secures $72 thousand in annual recurring revenue (ARR), will leverage Bridgeline's HawkSearch High-performance Hosting services to enhance the enterprise’s websites across the United States and Asia.
  • HawkSearch's high-performance hosting services will bolster the enterprise's customer engagement by providing essential stability, security, and scalability to support the businesses ongoing expansion and growth.
  • This support ensures the IT company's customers can quickly find consumer electronics, related accessories and supplies, as well as specialty services and technical support.
  • Ari Kahn, CEO of Bridgeline, stated, "This collaboration with a leading global IT firm highlights our dedication to providing outstanding hosting and software solutions that support our clients' growth.

Opal Security Expands Executive Team with Seasoned Leaders from Slack, Snyk and Aqua Security

Retrieved on: 
Wednesday, March 13, 2024

NEW YORK and SAN FRANCISCO, March 13, 2024 (GLOBE NEWSWIRE) -- Opal Security , the next-generation identity security and access management company, today announced it expanded its executive team to include seasoned leaders in engineering, marketing and sales.

Key Points: 
  • NEW YORK and SAN FRANCISCO, March 13, 2024 (GLOBE NEWSWIRE) -- Opal Security , the next-generation identity security and access management company, today announced it expanded its executive team to include seasoned leaders in engineering, marketing and sales.
  • Their guidance will shape strategies to advance innovation and elevate market presence for Opal Security’s modern identity security solutions.
  • “Managing identity and access is a huge pain point for modern enterprise IT and security teams — one that Opal Security is effectively solving.
  • At Opal Security, Wong is charged with building and scaling R&D to bring Opal Security to the enterprise market and to support the company’s rapid customer growth.

Aware Reports Fourth Quarter Financial Results

Retrieved on: 
Tuesday, March 12, 2024

BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometrics, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Total revenue increased 8% year-over-year to $4.4 million, compared to $4.1 million in the fourth quarter of 2022.
  • Recurring revenue for the fourth quarter of 2023 totaled $3.7 million, an increase of 40% compared to $2.6 million in the fourth quarter of 2022.
  • Adjusted EBITDA loss (a non-GAAP metric reconciled below) for the fourth quarter of 2023 totaled $1.2 million, compared to Adjusted EBITDA of $0.4 million in the third quarter of 2023 and adjusted EBITDA loss of $1.5 million in the same year-ago period.
  • Aware management will host a webcast today, March 12, 2024, at 5:00 p.m. Eastern time to discuss these results and provide an update on business conditions.

Digimarc Appoints Accomplished B2B SaaS Legal Executive George Karamanos as Chief Legal Officer

Retrieved on: 
Thursday, April 4, 2024

Digimarc Corporation (NASDAQ: DMRC), the pioneer and global leader in digital watermarking technologies, today announced that former ZipHQ Chief Legal Officer and seasoned deal strategy and operations leader George Karamanos has joined the company as Chief Legal Officer (CLO).

Key Points: 
  • Digimarc Corporation (NASDAQ: DMRC), the pioneer and global leader in digital watermarking technologies, today announced that former ZipHQ Chief Legal Officer and seasoned deal strategy and operations leader George Karamanos has joined the company as Chief Legal Officer (CLO).
  • View the full release here: https://www.businesswire.com/news/home/20240404600773/en/
    George Karamanos, former ZipHQ Chief Legal Officer and seasoned deal strategy and operations leader has joined Digimarc as Chief Legal Officer (CLO).
  • The company is revolutionizing the digital transformation journey for companies across industries and sectors, worldwide,” said George Karamanos, Digimarc’s Chief Legal Officer.
  • Meyer served as Digimarc's Chief Legal Officer through the company’s integration of EVRYTHNG, enabling the smooth consolidation of its operations and transformation of Digimarc to a software-as-a-service business.

Winning by Design Publishes The Textbook Behind the Foundational Principles of Recurring Revenue

Retrieved on: 
Tuesday, April 2, 2024

Winning by Design announced today the availability of the definitive textbook on Revenue Architecture.

Key Points: 
  • Winning by Design announced today the availability of the definitive textbook on Revenue Architecture.
  • Revenue factories drive growth, cut costs, and enhance product quality, with different GTM motions as revenue production lines.
  • Key Features of the new Revenue Architecture textbook:
    250+ diagrams, tables, and blueprints: All purpose-built for recurring revenue, to help leaders streamline their GTM approach using scientific principles.
  • Growth Design: Detailed design for scaling recurring revenue using the six foundational models.

Esker 2023 Annual Results

Retrieved on: 
Wednesday, March 27, 2024

Esker 2023 sales revenue amounted to 178.6 million euros, a 12% increase over 2022 (14% based on constant exchange rates).

Key Points: 
  • Esker 2023 sales revenue amounted to 178.6 million euros, a 12% increase over 2022 (14% based on constant exchange rates).
  • The annual recurring value (ARR) of new contracts signed during 2023 increased by 23% based on constant exchange rates compared to 2022.
  • As announced at publication of the Q3 2023 sales results, the increase in sales costs linked to the acceleration in bookings impacts 2023 operating income for 3.5 million euros, or 1.9% of sales.
  • As anticipated at the time of the half-year and Q3 2023 results, Esker’s operating profitability for 2023 fell by 3.5 points to 10% of sales revenue.

6sense Surpasses $200M ARR, Driven by Sales Intelligence Innovation and Market Share Expansion

Retrieved on: 
Wednesday, March 27, 2024

Founded on the belief that B2B sales and marketing can be made more efficient and effective with actionable insights, 6sense has spent the past decade transforming data into intelligence using AI.

Key Points: 
  • Founded on the belief that B2B sales and marketing can be made more efficient and effective with actionable insights, 6sense has spent the past decade transforming data into intelligence using AI.
  • By consistently outpacing industry metrics, 6sense has solidified its position at the vanguard of the revenue technology field.
  • 6sense achieved an impressive 40% year-over-year revenue growth and a 30% increase in customers during its 2024 fiscal year (FY24).
  • Contributing to these results was the success of its sales intelligence platform, 6sense Revenue AI™ for Sales, and 6sense® Conversational Email, two areas of growth that collectively represented over one-third of sales revenue in the previous year.

Braze Reports Fiscal Year and Fourth Quarter 2024 Results

Retrieved on: 
Wednesday, March 27, 2024

Prior to the fourth quarter of the fiscal year ended January 31, 2023, Braze did not adjust non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating loss, non-GAAP operating margin, or non-GAAP net loss for acquisition related expense, because there was not acquisition activity by Braze in prior periods.

Key Points: 
  • Prior to the fourth quarter of the fiscal year ended January 31, 2023, Braze did not adjust non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating loss, non-GAAP operating margin, or non-GAAP net loss for acquisition related expense, because there was not acquisition activity by Braze in prior periods.
  • Further, prior to the fourth quarter of the fiscal year ended January 31, 2024, Braze did not adjust non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating loss, non-GAAP operating margin or non-GAAP net loss for contingent consideration adjustments, because there were no such adjustments in prior periods.
  • Braze defines non-GAAP free cash flow as net cash used in operating activities, minus purchases of property and equipment and minus capitalized internal-use software costs.
  • Investors are encouraged to review the reconciliation of these historical non-GAAP financial measures to their most directly comparable GAAP financial measures.

A Momentous 2023, Headlined by a 19% increase of ARR, Positions Percona for Even Greater Success in the Year Ahead

Retrieved on: 
Wednesday, March 27, 2024

The company's impressive 2023 has further solidified its standing as a go-to provider of open source database solutions and support services.

Key Points: 
  • The company's impressive 2023 has further solidified its standing as a go-to provider of open source database solutions and support services.
  • Uniquely qualified to address these needs, Percona has capitalized on the expanding opportunity, realizing a 19% increase in Annual Recurring Revenue (ARR).
  • Percona Everest allows users to enjoy flexible features such as provisioning, scalability, performance optimization, and high availability with full automation.
  • At these events, and many others, Percona will continue to expand its impact on the open source database community.