GNE

MEF Pioneers Industry Leading Enterprise Business and Operational LSO API Portfolio for Network Services

Retrieved on: 
Tuesday, April 9, 2024
Automation, SD-WAN, Growth, ELC, Verizon Business, Internet of things, LSO, AI, Carrier Ethernet, Network as a service, Ecosystem, API, GNE, Zero trust security model, Chair, MEF, Fine chemical

LOS ANGELES, April 09, 2024 (GLOBE NEWSWIRE) -- MEF , a global industry association of network, cloud, security, and technology providers accelerating enterprise digital transformation, today announced availability of its MEF enterprise business and operational Lifecycle Service Orchestration (LSO) API portfolio .

Key Points: 
  • LOS ANGELES, April 09, 2024 (GLOBE NEWSWIRE) -- MEF , a global industry association of network, cloud, security, and technology providers accelerating enterprise digital transformation, today announced availability of its MEF enterprise business and operational Lifecycle Service Orchestration (LSO) API portfolio .
  • "MEF’s enterprise business and operational LSO API portfolio is a game-changer for enterprises undergoing digital transformation," said Debika Bhattacharya, Chair, MEF Board of Directors, and Chief Technology Solutions Officer, Verizon Business.
  • The MEF enterprise business and operational LSO API portfolio enables service providers to use the same APIs that automate business and operational functions between service providers to automate similar functions between service providers and enterprises for subscriber services, thereby streamlining enterprise digital transformation.
  • MEF enterprise business and operational LSO APIs are available for Carrier Ethernet (E-Line, E-LAN and E-Tree) and traditional IP Broadband and Direct Internet Access network services.

Refresco acquires VBC Bottling Company, beverage manufacturer in Modesto, California, US.

Retrieved on: 
Wednesday, April 3, 2024
Acquisition, VBC, GNE, Bottled water

Refresco acquires VBC Bottling Company, beverage manufacturer in Modesto, California, US.

Key Points: 
  • Refresco acquires VBC Bottling Company, beverage manufacturer in Modesto, California, US.
  • Rotterdam, The Netherlands, April 3, 2024 – Refresco, the global independent beverage solutions provider for global, national, and emerging (GNE) brands and retailers in Europe, North America, and Australia, today announces it has completed the acquisition of VBC Bottling Company.
  • VBC, a family-owned contract manufacturer of premium beverages, is strategically located in Modesto, California.
  • The acquisition of VBC Bottling Company complements Refresco’s footprint and capabilities in North America, and further strengthens its ability to provide beverage solutions to branded customers.

Sunlight Energy Investments Acquires an Additional Solar Project

Retrieved on: 
Thursday, March 21, 2024
Genie Energy, General partnership, Acquisition, Judgement, GNE, Primary school, Sunlight, Result, Analysis, Professional, Renewable energy

NEWARK, NJ, March 21, 2024 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, today announced that it has purchased a late-stage solar development project in Hamilton, Indiana from the project developer.

Key Points: 
  • NEWARK, NJ, March 21, 2024 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, today announced that it has purchased a late-stage solar development project in Hamilton, Indiana from the project developer.
  • The array will supply power to the Hamilton Community High and Elementary Schools through direct fixed-price solar power purchase agreements (PPAs).
  • Nir Ashpiz, CEO of Sunlight Energy, said, “The Hamilton project acquisition fits perfectly with our growing portfolio of solar projects providing long-term, stable cash flows.
  • Backed by Genie Energy’s robust balance sheet, we continue to scout for additional solar generation assets and projects with opportunities for participation from third-party investors.”
    Sunlight Energy is an equity financing vehicle for commercial and community solar projects.

Genie Energy to Report Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 5, 2024
GNE, Analysis, Result, Q&A, Judgement, Genie Energy

NEWARK, NJ, March 05, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2023 on Monday, March 11, 2024.

Key Points: 
  • NEWARK, NJ, March 05, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE, GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2023 on Monday, March 11, 2024.
  • Genie Energy will issue an earnings release over a wire service and post it in the “Investors” section of the Genie Energy website ( https://genie.com/investors/quarterly-earnings/ ) at 7:30 AM Eastern.
  • At 8:30 AM Eastern, Genie Energy’s management will host a conference call to discuss financial and operational results, business outlook, and strategy.
  • In addition, a recording of the call will be available for playback on the “ Investors ” section of the Genie Energy website.

GNE 2024 to Shape the Future of NaaS Services & Automation

Retrieved on: 
Tuesday, March 5, 2024
Console Connect, GNE, Cisco, LSO, RAD, AT&T, Network as a service, ServiceNow, Amartus, Verizon Communications, Organization, MEF, Automation, TransUnion, Comcast

GNE 2024 serves as a catalyst for industry-wide collaboration and fuels the advancement of Network-as-a-Service (NaaS) for enterprises.

Key Points: 
  • GNE 2024 serves as a catalyst for industry-wide collaboration and fuels the advancement of Network-as-a-Service (NaaS) for enterprises.
  • The three-day event, taking place October 28-30, 2024, convenes experts across the NaaS ecosystem, including executive decision makers, strategists, technology experts, and enterprise users.
  • GNE fosters insightful discussions on current trends, business dynamics, opportunities, and challenges across the global NaaS landscape.
  • Days two and three feature in-depth discussions on the evolution of NaaS services, ecosystem automation and expansion, and the critical intersection of cybersecurity and NaaS.

Adaptive Biotechnologies Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 14, 2024
ADPT, GNE, Growth, EHR, Flatiron, Genetics, Interest, Patient, MRD, IM, IND, Workflow, Cancer, Partnership, Video game

clonoSEQ test volume increased 49% to 15,680 tests delivered in the fourth quarter of 2023, compared to the fourth quarter 2022 and ended the year with 56,496 tests delivered, up 53% versus 2022.

Key Points: 
  • clonoSEQ test volume increased 49% to 15,680 tests delivered in the fourth quarter of 2023, compared to the fourth quarter 2022 and ended the year with 56,496 tests delivered, up 53% versus 2022.
  • Revenue was $45.8 million for the quarter ended December 31, 2023, representing a 17% decrease from the fourth quarter in the prior year.
  • Interest and other income, net was $4.6 million for the fourth quarter of 2023, compared to $2.6 million in the fourth quarter of the prior year.
  • Adaptive Biotechnologies will host a conference call to discuss its fourth quarter and full year 2023 financial results after market close on Wednesday, February 14, 2024 at 4:30 PM Eastern Time.

Genie Energy Announces Participation in The Microcap Conference

Retrieved on: 
Thursday, January 25, 2024
GNE, Interest, Genie Energy, Conference

Newark, New Jersey--(Newsfile Corp. - January 25, 2024) - Genie Energy (NYSE: GNE), a leading retail energy and renewable energy solutions provider, will be participating in The Microcap Conference, which will take place January 30, 31, February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ.

Key Points: 
  • Newark, New Jersey--(Newsfile Corp. - January 25, 2024) - Genie Energy (NYSE: GNE), a leading retail energy and renewable energy solutions provider, will be participating in The Microcap Conference, which will take place January 30, 31, February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ.
  • Avi Goldin, Chief Financial Officer, will be presenting on January 31 & February 1, 2024.
  • Members of the Genie Energy management team will also be conducting one-on-one meetings throughout the conference.
  • To register to attend The Microcap Conference, follow this link .

Genie Energy Unveils Insurance Strategy 

Retrieved on: 
Friday, January 26, 2024
Organization, Jinn, GAAP, GNE, Insurance, Bank statement, Genie Energy

NEWARK, NJ, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced an expansion of its consumer product portfolio and the formation of a “captive” self-insurance subsidiary to enhance the Company’s risk management strategy.

Key Points: 
  • NEWARK, NJ, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced an expansion of its consumer product portfolio and the formation of a “captive” self-insurance subsidiary to enhance the Company’s risk management strategy.
  • We are now expanding on this strategy by creating insurance-related businesses, including internally generated and third-party offerings, to distribute through our retail channels.”
    Genie announced that it has formed a wholly-owned captive insurance subsidiary.
  • In the fourth quarter of 2023, Genie paid this captive entity $51 million in premiums for insurance coverage of various risks.
  • As required by GAAP, Genie will record a one-time, non-recurring, non-cash charge of approximately $45 million in the fourth quarter as an insurance loss reserve related to the coverage provided to Genie by the captive entity.

Sunlight Energy Investments Acquires Portfolio of Solar Projects

Retrieved on: 
Monday, November 27, 2023
Sale, Acquisition, Professional, Result, Sunlight, Analysis, GNE, Energy, Genie Energy, Judgement, Renewable energy

NEWARK, NJ, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, today announced that it has purchased a portfolio of 12 operating solar arrays with an aggregate rating of 9.4 MW-DC from the project developer.

Key Points: 
  • NEWARK, NJ, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Sunlight Energy Investments (Sunlight Energy), a subsidiary of Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, today announced that it has purchased a portfolio of 12 operating solar arrays with an aggregate rating of 9.4 MW-DC from the project developer.
  • The sale also provides Sunlight Energy with the right of first refusal on the developer’s future projects.
  • “This acquisition - through our Sunlight Energy investment vehicle – is our first transaction involving operating solar assets and complements our growing pipeline of solar generation projects in various stages of development.
  • Nir Ashpiz, CEO of Sunlight Energy, commented, “The long-term, stable cash-flows generated by this particular portfolio of solar generation projects are fairly representative of the attractive development and acquisition opportunities available across the solar generation industry.

Adaptive Biotechnologies Reports Third Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, November 9, 2023
EBITDA, Genetics, IM, Patient, MRD, Goldman Sachs, GNE, Multiple sclerosis, Total, ADPT, Pharmaceutical industry, Vaccine, Video game, Beauty salon

SEATTLE, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Adaptive Biotechnologies Corporation (“Adaptive Biotechnologies”) (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today reported financial results for the quarter ended September 30, 2023.

Key Points: 
  • SEATTLE, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Adaptive Biotechnologies Corporation (“Adaptive Biotechnologies”) (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today reported financial results for the quarter ended September 30, 2023.
  • clonoSEQ test volume in the third quarter 2023 grew 56% to 15,072 tests delivered versus the third quarter of prior year.
  • Revenue was $37.9 million for the quarter ended September 30, 2023, representing a 21% decrease from the third quarter in the prior year.
  • Adaptive Biotechnologies will host a conference call to discuss its third quarter 2023 financial results after market close on Thursday, November 9, 2023 at 4:30 PM Eastern Time.