Fiscal year

Persistent Announces Another Quarter of Consistent Growth with Revenue Up 32.8%

Retrieved on: 
Wednesday, January 18, 2023
Dividend, HR, Digital, TCV, Fiscal year, PEAK, Ness Digital Engineering, ISG, Cooperative Development Services, Investment, ACV, Video game

SANTA CLARA, Calif. and PUNE, India, Jan. 18, 2023 /PRNewswire/ -- 

Key Points: 
  • Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent:
    "We are delighted to announce the 11th sequential quarter of revenue growth, fueled by our continued investments in innovative technologies and our differentiated Digital Engineering expertise.
  • In this dynamic macro-economic environment, we are closely collaborating with our clients and partner ecosystem to create competitive advantage and drive business value.
  • As a result, we won several large deals across industries and service lines, driving 20% sequential growth in total contract value (TCV) bookings.
  • Revamping existing applications to improve customer experience and scaling business growth for one of the leading banks.

Monster Beverage Announces Auditor Change

Retrieved on: 
Friday, January 13, 2023
Monster Beverage, Ernst & Young, Fiscal year, Nitro, LLP, Audit committee, MNST, 2010 AMP Energy Juice 500, Letter, CORONA, Energy, Accounting, Soft drink

CORONA, Calif., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) today announced that, as a result of a review process, the Audit Committee of its Board of Directors has approved the engagement of Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023, subject to the execution of an engagement letter. Deloitte & Touche LLP (“Deloitte”), the Company’s current independent registered public accounting firm, will continue as the Company’s independent registered public accounting firm for the year ended December 31, 2022. The review process was not related to any disagreement between the Company and Deloitte.

Key Points: 
  • Deloitte & Touche LLP (“Deloitte”), the Company’s current independent registered public accounting firm, will continue as the Company’s independent registered public accounting firm for the year ended December 31, 2022.
  • The review process was not related to any disagreement between the Company and Deloitte.
  • Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries.
  • The Company’s subsidiaries develop and market energy drinks, including Monster Energy® energy drinks, Monster Energy Ultra® energy drinks, Juice Monster® Energy + Juice energy drinks, Java Monster® non-carbonated coffee + energy drinks, Espresso Monster® non-carbonated espresso + energy drinks, Rehab® Monster® non-carbonated energy drinks, Monster Hydro® Energy Water non-carbonated refreshment + energy drinks, Monster Hydro Super Sport® Superior Hydration non-carbonated refreshment + energy drinks, Monster HydroSport Super Fuel® non-carbonated advanced hydration + energy drinks, Monster Dragon Iced Tea® non-carbonated energy teas, Muscle Monster® non-carbonated energy shakes, Monster Energy® Nitro energy drinks, Reign Total Body Fuel® high performance energy drinks, Reign Inferno® thermogenic fuel high performance energy drinks, True North® Pure Energy Seltzer energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Burn® energy drinks, Samurai® energy drinks, Relentless® energy drinks, Mother® energy drinks, Play® and Power Play® (stylized) energy drinks, BU® energy drinks, Nalu® energy drinks, BPM® energy drinks, Gladiator® energy drinks, Ultra Energy® energy drinks, Live+® energy drinks, Predator® energy drinks and Fury® energy drinks.

AHF Thanks U.S. for Boosting Global Health Funding

Retrieved on: 
Friday, December 23, 2022
LGBTQ+, AIDS, Other Health, White House, Federal Government, Health, Public Policy, Other Policy Issues, Infectious Diseases, Congressional News, Views, Public Policy, Government, Consumer, Government, FY, AIDS, The Global Fund to Fight AIDS, Tuberculosis and Malaria, Tuberculosis, HIV/AIDS, Infection, HIV, Congress, COVID-19, Pandemic, Death, Global health, AIDS Healthcare Foundation, President's Emergency Plan for AIDS Relief, PEPFAR, Fiscal year, G7, AHF, TB, Pharmaceutical industry, Malaria

AIDS Healthcare Foundation (AHF) applauded the U.S. Congress today for approving an increase in global health appropriations, including funding for HIV/AIDS and TB programs, as part of the Fiscal Year (FY) 2023 Omnibus Appropriations Bill.

Key Points: 
  • AIDS Healthcare Foundation (AHF) applauded the U.S. Congress today for approving an increase in global health appropriations, including funding for HIV/AIDS and TB programs, as part of the Fiscal Year (FY) 2023 Omnibus Appropriations Bill.
  • Congress appropriated $11.2 billion for global health in its year-end spending package, including $4.7 billion for bilateral HIV/AIDS programs and $2 billion for the Global Fund to Fight AIDS, Tuberculosis and Malaria.
  • “We thank the U.S. government for its continued strong commitment to global health, and especially for supporting the President's Emergency Plan for AIDS Relief (PEPFAR) and the Global Fund to Fight AIDS, Tuberculosis and Malaria.
  • “We hope that the actions by the U.S. will spur other countries, particularly our G7 partners, to follow this example and invest more in global health so that the world can be better protected against future health crises.”
    AHF has advocated for increased global public health funding since the early days of the COVID-19 pandemic.

IHT FISCAL FIRST THREE QUARTERS PROFIT UP 87%; UNIGEN DESIGN COMPLETE

Retrieved on: 
Wednesday, December 14, 2022
CARB, Genset, Hersha Hospitality Trust, Share repurchase, De Vere (hotel operator), NYSE, Travel, Book, Fiscal year, Total, News, IHT, COVID-19, NG, Trustee, Fiscal, Exercise, Innovation, UPI, Estrone, History, Trailing twelve months, Video game, Coal, Security (finance), Renewable energy, Life insurance

Total Consolidated Net Income for the First Three Fiscal Quarters increased 87% to approximately $730,000, from the prior year’s First Three Fiscal Quarters of $391,153.

Key Points: 
  • Total Consolidated Net Income for the First Three Fiscal Quarters increased 87% to approximately $730,000, from the prior year’s First Three Fiscal Quarters of $391,153.
  • Earnings Per Share based on this First Fiscal Three Quarters Consolidated Net Income was $0.04 per share, up $0.09 from the prior First Fiscal Three Quarters of last year of ($0.05), an all-time First Fiscal Three Quarter recovery.
  • Net Income before non-cash depreciation expense was $1,259,734 for the Fiscal First Three Quarters ended October 31, 2022, up approximately 30%, or $291,037, compared to prior Year Fiscal First Three Quarters ended October 31, 2022.
  • UniGen has confirmed that the major design work for the UPI 1000 NG engine is now complete.

SBA Announces End-of-Year Capital Benchmarks Showing Historic Support for Small Businesses Under Administrator Guzman

Retrieved on: 
Tuesday, December 13, 2022
Woman, Agency, Federation, Small business, Investment, Early Stages, Human, Partnership, Fiscal year, Capital Access for Small Community Financial Institutions Act, Ecosystem, GDP, Community, SBIC, Community Advantage Loan, SBA, Face, Innovation, Growth, International trade, Small Business Administration, Black, Success, CDC Group, Bank, Renewable energy, Financial services, Management, Export, Microcredit, COVID
Key Points: 

    RJD Green, Inc. (RJDG) Timely Files Annual Report on OTC Markets; Shows Pretax Income from Operations Of $5,335,137 as of August 31, 2022

    Retrieved on: 
    Thursday, December 8, 2022
    Acquisition, Annual report, Silex, Software, Hospital, Fiscal year, The Home Depot Pro, OK, EBITDA, Net, DIY, Bank, Security (finance)

    “We are focused on finding ways to monetize our assets and increase shareholder value fully.

    Key Points: 
    • “We are focused on finding ways to monetize our assets and increase shareholder value fully.
    • The Company has monthly recurring revenues of $444,947 with $4,03,136 in assets, liabilities of $1,526,296 as of August 31, 2022.
    • The initial operations, Silex Interiors, fills a market niche between the Home Depots and local contractors.
    • These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

    KalVista Pharmaceuticals Reports Second Fiscal Quarter Results

    Retrieved on: 
    Thursday, December 8, 2022
    Health, Clinical Trials, Research, Pharmaceutical, Science, Biotechnology, Fiscal year, Security (finance), Form 10-K, Hereditary angioedema, American College, Conference, NDA, Risk, Metabolism, ACAAI, Research, Patient, KALV, HAE, D, FDA, Mental health, Quality of life, Attack, COVID-19, Absorption, Journal, DME, Annual report, Safety, Diabetic retinopathy, ODT, Medicinal chemistry, Pharmaceutical industry

    (NASDAQ: KALV), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today provided an operational update and released financial results for the second fiscal quarter ended October 31, 2022.

    Key Points: 
    • (NASDAQ: KALV), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today provided an operational update and released financial results for the second fiscal quarter ended October 31, 2022.
    • Second Fiscal Quarter and Recent Business Highlights:
      Presented at both the Stifel 2022 Healthcare Conference and the Jefferies London Healthcare Conference.
    • Second Fiscal Quarter Financial Results:
      Revenue: No revenue was recognized for the three months ended October 31, 2022 or October 31, 2021.
    • KalVista Pharmaceuticals, Inc. is a pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors for diseases with significant unmet need.

    GBI Deploys Infinera’s ICE6 800G Optical Engine to Boost Capacity Ahead of the World Cup

    Retrieved on: 
    Wednesday, November 16, 2022
    Growth, Economic development, Internet service provider, Risk, GBI, Fiscal year, Risk management, Infinera

    Founded in 2008, GBI is a global cloud, connectivity, and content enabler that owns and operates a smart and fully managed network.

    Key Points: 
    • Founded in 2008, GBI is a global cloud, connectivity, and content enabler that owns and operates a smart and fully managed network.
    • GBI is a carrier of choice for telecom operators, ISPs and governments throughout the Middle East, Europe and Asia offering capacity and a portfolio of wholesale and enterprise services.
    • GBIs value propositions and diverse offerings serve as a catalyst to growth, innovation and contribute to the economic development within the region and beyond.
    • Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.

    authID Inc. Reports Financial and Operating Results for the Third Quarter Ended September 30, 2022

    Retrieved on: 
    Thursday, November 10, 2022
    Ecosystem, GLOBE, PIN, Marketing, MFA, Workforce, IAM, Aircraft, VMware, FIDO, Risk, Webcast, EST, FIDO Alliance, Organization, Environment, Digital, Adoption, Technology, Sale, COVID-19, Fiscal year, FIDO2, Okta, SEC, News, Human, EBITDA, Three Months Gone, HFA, Company, BeyondTrust, Trust, EDR, CEO, Identity management, Science and technology in Asia, PAM, Friction, Risk management, Security printing, Cryptocurrency, Pharmaceutical industry, Online shopping

    DENVER, Nov. 10, 2022 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of secure identity authentication solutions, today reported financial and operating results for the third quarter and nine months ended September 30, 2022.

    Key Points: 
    • DENVER, Nov. 10, 2022 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of secure identity authentication solutions, today reported financial and operating results for the third quarter and nine months ended September 30, 2022.
    • For the nine months ended September 30, 2022, total revenue was $0.3 million, of which $0.1 million comprised Verified software license revenue.
    • Netloss for the three months ended September 30, 2022 was $6.3 million, compared with $5.2 million a year ago.
    • Net loss per share for the three months ended September 30, 2022 was $0.25, compared with $0.22 for the three months ended September 30, 2021.

    Digerati Technologies Reports 116% Revenue Growth to $8.2 Million for Fourth Quarter FY2022 Resulting in $32.8 Million Annual Revenue Run-Rate

    Retrieved on: 
    Tuesday, November 1, 2022
    PBX, SEC, GLOBE, SMB, Industry, Internet, Company, Fiscal, Solution, Failure, CEO, Unified communications, NASDAQ, U.S. Securities and Exchange Commission, Depreciation, Insurance, Security (finance), Net, General officer, Acquisition, Income, Health, Fiscal year, Tax, CFO, Education, Communication, Skynet, SAN, OTCQB, WAN, Nature, Adjustment, EBITDA, News, Acceleration, Administration, Contract, EPS, Nextlevelism, GAAP, Renewable energy, Bookkeeping, Self storage, Network equipment, Film, Airline, Digerati, Unified communications as a service, Nasdaq, Facebook

    SAN ANTONIO, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, announced today financial results for the three and twelve months ended July 31, 2022, the Company’s fourth quarter and annual year end for its Fiscal Year 2022.

    Key Points: 
    • Key Financial Highlights for the Fiscal Year 2022 (Ended July 31, 2022)
      Revenue increased by 95% to $24.2 million compared to $12.4 million for FY2021.
    • Key Financial Highlights for the Fourth Quarter Fiscal Year 2022 (Ended July 31, 2022)
      Revenue increased by 116% to $8.2 million compared to $3.8 million for Q4 FY2021.
    • Gross profit increased 114% to $5.1 million compared to $2.4 million for Q4 FY2021.
    • Non-GAAP Operating EBITDA (OPCO EBITDA) income increased by 44% to $1.3 million, excluding corporate expenses, compared to a non-GAAP operating EBITDA of $0.9 million for Q4 FY2021.