Fiscal

KBRA Assigns AA+ Rating, Stable Outlook, to the City of New York's General Obligation Bonds

Retrieved on: 
Wednesday, March 20, 2024

KBRA assigns long-term ratings of AA+ with a Stable Outlook to The City of New York's General Obligation Bonds - Fiscal 2024 Series D, Series E, Series F, and General Obligation Bonds - Fiscal 2006 Series I, Subseries I-4 and Fiscal 2006 Series I, Subseries I-5.

Key Points: 
  • KBRA assigns long-term ratings of AA+ with a Stable Outlook to The City of New York's General Obligation Bonds - Fiscal 2024 Series D, Series E, Series F, and General Obligation Bonds - Fiscal 2006 Series I, Subseries I-4 and Fiscal 2006 Series I, Subseries I-5.
  • Concurrently, KBRA affirms the AA+ rating and Stable Outlook on the City's outstanding General Obligation Bonds.
  • Economic base remains susceptible to financial services sector cycles, although reliance has moderated with increasing diversification.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

Logitech Announces CFO Departure

Retrieved on: 
Monday, March 18, 2024

53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that Charles ‘Chuck’ Boynton, chief financial officer (CFO), will be departing the Company to pursue another career opportunity.

Key Points: 
  • 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that Charles ‘Chuck’ Boynton, chief financial officer (CFO), will be departing the Company to pursue another career opportunity.
  • Boynton will remain with the Company as CFO through mid-May to ensure a seamless transition for the end of the 2024 fiscal year.
  • “We thank Chuck for his financial leadership during his time at Logitech.
  • “We look forward to carrying forward Logitech’s strong track record of growth, financial rigor and operational excellence instilled across the organization.”
    “I want to thank Hanneke, the board and everyone at Logitech,” said Chuck Boynton.

Hibbett Reports Fourth Quarter and Fiscal 2024 Results

Retrieved on: 
Friday, March 15, 2024

Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, provided financial results for its fourth quarter and full year ended February 3, 2024, (“Fiscal 2024”) and business updates.

Key Points: 
  • Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, provided financial results for its fourth quarter and full year ended February 3, 2024, (“Fiscal 2024”) and business updates.
  • We look forward to opportunities to continue expanding our Hibbett and City Gear brands while delivering greater value to our customers and shareholders.”
    The fourth quarter and Fiscal 2024 ended on February 3, 2024.
  • The fourth quarter included 14 weeks of results and Fiscal 2024 included 53 weeks of results.
  • Please note that the fiscal year ending February 1, 2025 (“Fiscal 2025”), will have 52 weeks versus 53 weeks in Fiscal 2024.

DATA Communications Management Corp. to Announce Fiscal 2023 and Q4 2023 Results on March 19, 2024

Retrieved on: 
Thursday, March 14, 2024

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions to companies across North America, will announce its Fiscal 2023 and Q4 2023 results the evening of Tuesday, March 19, 2024.

Key Points: 
  • DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading provider of marketing and business communication solutions to companies across North America, will announce its Fiscal 2023 and Q4 2023 results the evening of Tuesday, March 19, 2024.
  • The Company will host a conference call and webcast on Wednesday, March 20, 2024, at 9:00 a.m. Eastern time.
  • Richard Kellam, President and CEO of DCM, and James Lorimer, CFO, will present the Fiscal 2023 and Q4 2023 results followed by a live Q&A.
  • If you’re unable to take part live, a replay of the webcast will be available on the DCM Investor Relations page under the prior events section.

Veradigm Announces Initial Financial Guidance for Fiscal 2024

Retrieved on: 
Wednesday, March 13, 2024

The company also introduced initial financial guidance for Fiscal 2024 as follows:

Key Points: 
  • The company also introduced initial financial guidance for Fiscal 2024 as follows:
    (1) Please refer to the “Explanation of Non-GAAP and Other Financial Measures” section.
  • In providing financial guidance, the company does not reconcile Adjusted EBITDA to the corresponding GAAP financial measure.
  • Following our acquisition of ScienceIO, we are excited to reintroduce Veradigm as a leader in Healthcare Intelligence.
  • They will be discussing the strategy, growth opportunities, and financial outlook for Veradigm.

Williams-Sonoma, Inc. announces fourth quarter and fiscal year 2023 results

Retrieved on: 
Wednesday, March 13, 2024

Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the fourth quarter and fiscal year ended January 28, 2024 (Fiscal 2023).

Key Points: 
  • Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the fourth quarter and fiscal year ended January 28, 2024 (Fiscal 2023).
  • Our financial statements will be prepared on a 53-week basis in fiscal 2024 and a 52-week basis in fiscal 2023.
  • All other year-over-year comparisons will be 53-weeks in fiscal 2024 versus 52-weeks in fiscal 2023.
  • Our management uses these non-GAAP financial measures in order to have comparable financial results to analyze changes in our underlying business from quarter to quarter.

Takeda Announces Positive Topline Results from Phase 2 Study Evaluating Mezagitamab (TAK-079), a Potential Best-in-Class Anti-CD38 Monoclonal Antibody, for Primary Immune Thrombocytopenia

Retrieved on: 
Wednesday, March 13, 2024

Takeda ( TSE:4502/NYSE:TAK ) today announced positive topline results from a Phase 2, randomized, double-blind, placebo-controlled study evaluating the safety, tolerability and efficacy of mezagitamab (TAK-079) in patients with persistent or chronic primary immune thrombocytopenia (ITP).

Key Points: 
  • Takeda ( TSE:4502/NYSE:TAK ) today announced positive topline results from a Phase 2, randomized, double-blind, placebo-controlled study evaluating the safety, tolerability and efficacy of mezagitamab (TAK-079) in patients with persistent or chronic primary immune thrombocytopenia (ITP).
  • An interim analysis of the ongoing Phase 2 study demonstrated positive safety and efficacy results.
  • Based on these positive results, and following consultation with global health authorities, Takeda plans to initiate a global Phase 3 trial of mezagitamab in ITP in fiscal year 2024.
  • Results from the Phase 2 trial have no impact on the full year consolidated reported forecast for the fiscal year ending March 31, 2024 (Fiscal Year 2023).

Azure Power Announces Suspension of SEC Reporting Obligations

Retrieved on: 
Wednesday, April 3, 2024

GURUGRAM, India, April 3, 2024 /PRNewswire/ -- Azure Power Global Limited (the "Company"), an independent sustainable energy solutions provider and renewable power producer in India, today announced that the Company's US Securities and Exchange Commission ("SEC") reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act), were suspended on April 1, 2024.

Key Points: 
  • GURUGRAM, India, April 3, 2024 /PRNewswire/ -- Azure Power Global Limited (the "Company"), an independent sustainable energy solutions provider and renewable power producer in India, today announced that the Company's US Securities and Exchange Commission ("SEC") reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act), were suspended on April 1, 2024.
  • On January 29, 2024, 90 days after the NYSE filed Form 25, the Company's shares ceased to be registered with the SEC pursuant to Section 12(b) of the Exchange Act.
  • Further, on April 1, 2024 the Company's SEC reporting obligations under Section 15(d) of the Exchange Act were suspended as the Company also had less than 300 record holders of its equity securities on that date.
  • This means that the Company expects that it will not be required to file an annual report on Form 20-F with the SEC for Fiscal 2024; however, its reporting obligations under Mauritius law will continue and its reporting obligations to bondholders under its Green Bond indentures will also continue.

Azure Power Announces Suspension of SEC Reporting Obligations

Retrieved on: 
Wednesday, April 3, 2024

GURUGRAM, India, April 3, 2024 /PRNewswire/ -- Azure Power Global Limited (the "Company"), an independent sustainable energy solutions provider and renewable power producer in India, today announced that the Company's US Securities and Exchange Commission ("SEC") reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act), were suspended on April 1, 2024.

Key Points: 
  • GURUGRAM, India, April 3, 2024 /PRNewswire/ -- Azure Power Global Limited (the "Company"), an independent sustainable energy solutions provider and renewable power producer in India, today announced that the Company's US Securities and Exchange Commission ("SEC") reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act), were suspended on April 1, 2024.
  • On January 29, 2024, 90 days after the NYSE filed Form 25, the Company's shares ceased to be registered with the SEC pursuant to Section 12(b) of the Exchange Act.
  • Further, on April 1, 2024 the Company's SEC reporting obligations under Section 15(d) of the Exchange Act were suspended as the Company also had less than 300 record holders of its equity securities on that date.
  • This means that the Company expects that it will not be required to file an annual report on Form 20-F with the SEC for Fiscal 2024; however, its reporting obligations under Mauritius law will continue and its reporting obligations to bondholders under its Green Bond indentures will also continue.

DeFi Technologies Inc. Announces 2023 Financial Results: Revenues Exceed C$10.4 Million, Notable Strategic Developments and Restatement of Fiscal 2022 Financial Results

Retrieved on: 
Tuesday, April 2, 2024

Total revenues were $10.4 million for the twelve months ended December 31, 2023 ("Fiscal 2023").

Key Points: 
  • Total revenues were $10.4 million for the twelve months ended December 31, 2023 ("Fiscal 2023").
  • A significant improvement from the revenues of $(14.2) million for the twelve months ended December 31, 2022 ("Fiscal 2022").
  • Operating, general, and administration costs for Fiscal 2023 was $10 million, down from $14.7 million in Fiscal 2022.
  • "We are pleased to have completed the audit for Fiscal 2023 and the restatement of the Fiscal 2022 statement of the Company," said Ryan Ptolemy, Chief Financial Officer of the Company.