Fiscal

LIS Technologies Inc. Announces Oversubscribed $1.3 Million Seed Funding Round Led by Advanced Nuclear Technology Investors to Fund the Rebirth of the Only USA-Origin Patented Laser Uranium Enrichment Technology in the World

Retrieved on: 
Monday, March 25, 2024

This unique laser-based method enhances energy efficiency and can be implemented at highly competitive capital and operational expenses.

Key Points: 
  • This unique laser-based method enhances energy efficiency and can be implemented at highly competitive capital and operational expenses.
  • Ambassador to Russia and distinguished research and development staff member in the Nuclear Security and Isotope Technology Division at Oak Ridge National Laboratory.
  • In late October, the White House requested $2.2 billion for domestic uranium enrichment capabilities.
  • In March, the Fiscal Year 2024 Energy and Water Development Appropriations Act passed , allocated $1.685 billion towards nuclear energy research and development.

Five Below, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, March 20, 2024

PHILADELPHIA, PA, March 20, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the fourth quarter and full year of fiscal 2023 ended February 3, 2024, both of which contained one additional week ("53rd week") versus the comparable periods, and outlook for fiscal 2024.

Key Points: 
  • For the fourth quarter ended February 3, 2024:
    Net sales increased by 19.1% to $1.34 billion from $1.12 billion in the fourth quarter of fiscal 2022.
  • This represents an increase in stores of 15.2% from the end of the fourth quarter of fiscal 2022.
  • First Quarter and Fiscal 2024 Outlook:
    The Company expects the following results for the first quarter and full year of fiscal 2024.
  • A conference call to discuss the financial results for the fourth quarter and full year of fiscal 2023 is scheduled for today, March 20, 2024, at 4:30 p.m. Eastern Time.

authID Inc. Reports Financial and Operating Results for the Fiscal Year Ended December 31, 2023

Retrieved on: 
Wednesday, March 20, 2024

DENVER, March 20, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of innovative biometric identity verification and authentication solutions, today reported financial and operating results for the full year ended December 31, 2023.

Key Points: 
  • The reduction was primarily attributed to revenue from a legacy authentication product that was discontinued in April 2022.
  • Operating expenses for the twelve-month period in 2023 declined by 52% to $10.9 million, compared with $22.8 million for 2022.
  • Adjusted EBITDA loss (Non-GAAP, as defined below) for Fiscal Year 2023 improved to $8.7 million, compared with $11.4 million, for 2022.
  • The Company will host a webcast today at 5:30 p.m. EDT to discuss the financial results and provide a corporate update.

Lifecore Biomedical Concludes Strategic Evaluation Process, Announces Management Succession and Board Changes

Retrieved on: 
Wednesday, March 20, 2024

CHASKA, Minn., March 20, 2024 (GLOBE NEWSWIRE) -- Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore” or the “Company”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that its Board of Directors unanimously approved the conclusion of its review of strategic alternatives that was initiated in March 2023, and, concurrently therewith, announced several strategic updates related to its operations on a stand-alone basis.

Key Points: 
  • This conclusion was based on an expansive strategic review process, including outreach to and engagement with over 75 buyers, including both strategic buyers and financial sponsors.
  • “The Board of Directors appreciates all of the hard work put into the strategic review process by the Company and its advisors.
  • The Board looks forward to working with the management team to lead the Company’s execution on its strategic plan,” said Craig Barbarosh, Chairman of the Board.
  • With these investments, Lifecore believes it is positioned for substantial growth as its additional aseptic capacity becomes available.

Mesa Labs Releases Second Annual Responsible Business Program Brochure

Retrieved on: 
Friday, March 15, 2024

The latest edition of Mesa’s ESG Program Brochure is marked by two updates from the past fiscal year, signifying a new chapter in the Company’s sustainability journey.

Key Points: 
  • The latest edition of Mesa’s ESG Program Brochure is marked by two updates from the past fiscal year, signifying a new chapter in the Company’s sustainability journey.
  • In October 2023, Mesa acquired GKE, a German-based sterilization indicators business renowned for its robust organizational culture dedicated to positively impacting the environment.
  • The second annual ESG Program Brochure builds on the success of the inaugural edition, offering stakeholders a qualitative glimpse into Mesa’s journey toward sustainability.
  • For more information, download the Fiscal Year 2025 Environmental, Social, and Governance Program Brochure on Mesa’s website at www.mesalabs.com/esg .

Vera Bradley Announces Fourth Quarter and Fiscal Year 2024 Results

Retrieved on: 
Wednesday, March 13, 2024

On a non-GAAP basis, Vera Bradley, Inc.’s consolidated fourth quarter net income totaled $3.5 million, or $0.11 per diluted share.

Key Points: 
  • On a non-GAAP basis, Vera Bradley, Inc.’s consolidated fourth quarter net income totaled $3.5 million, or $0.11 per diluted share.
  • For the prior year fourth quarter, Vera Bradley, Inc.’s consolidated net loss totaled ($28.2) million, or ($0.91) per diluted share.
  • Current year fourth quarter Vera Bradley Direct segment revenues totaled $93.0 million, a 6.6% decrease from $99.5 million in the prior year fourth quarter.
  • A conference call to discuss results for the fourth quarter and fiscal year is scheduled for today, Wednesday, March 13, 2024, at 9:30 a.m. Eastern Time.

Cencora Announces Date and Time for Second Quarter Fiscal 2024 Earnings Release

Retrieved on: 
Friday, April 5, 2024

Cencora, Inc. (NYSE: COR) today announced that it plans to release its results for the Second Quarter of Fiscal 2024 on Wednesday, May 1, 2024, prior to the opening of trading on the New York Stock Exchange.

Key Points: 
  • Cencora, Inc. (NYSE: COR) today announced that it plans to release its results for the Second Quarter of Fiscal 2024 on Wednesday, May 1, 2024, prior to the opening of trading on the New York Stock Exchange.
  • Participating in the conference call will be:
    The live call will be webcast via the Company’s website at investor.cencora.com .
  • Users are encouraged to log on to the webcast approximately 10 minutes in advance of the scheduled start time of the call.
  • Please check the website investor.cencora.com for updates regarding the timing of the live webcasts and for replay information.

The TJX Companies, Inc. Announces 13% Increase in Common Stock Dividend

Retrieved on: 
Tuesday, April 2, 2024

The TJX Companies, Inc. (NYSE: TJX) today announced that its Board of Directors has raised the amount of its quarterly dividend by 13% from the last dividend paid.

Key Points: 
  • The TJX Companies, Inc. (NYSE: TJX) today announced that its Board of Directors has raised the amount of its quarterly dividend by 13% from the last dividend paid.
  • The Board declared a regular quarterly dividend in the amount of $.375 per share, payable June 6, 2024, to shareholders of record on May 16, 2024.
  • Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc., stated, “I am pleased to announce that our Board of Directors has approved a 13% increase in our quarterly dividend.
  • This marks our 27th dividend increase over the last 28 years.

SABA Announces Notification of Sources of Distributions

Retrieved on: 
Thursday, March 28, 2024

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • 2The Annualized Distribution Rate is the current fiscal period’s distribution rate annualized as a percentage of the Fund’s NAV through February 29, 2024.
  • 3Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through February 29, 2024, assuming reinvestment of distributions paid.
  • No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan.

BRW Announces Notification of Sources of Distributions

Retrieved on: 
Thursday, March 28, 2024

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • 3Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through February 29, 2024, assuming reinvestment of distributions paid.
  • The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.085 per share.
  • No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan.