Pressure

3D Systems Reports Fourth Quarter and Full Year 2023 Financial Results (Unaudited)

Retrieved on: 
Tuesday, February 27, 2024

Commenting on 2023 results and the outlook for 2024, Dr. Jeffrey Graves, president and CEO of 3D Systems said, “Our fourth quarter revenue results reflect the significant headwinds created by ongoing macroeconomic and geopolitical volatility.

Key Points: 
  • Commenting on 2023 results and the outlook for 2024, Dr. Jeffrey Graves, president and CEO of 3D Systems said, “Our fourth quarter revenue results reflect the significant headwinds created by ongoing macroeconomic and geopolitical volatility.
  • Gross profit margin for the fourth quarter of 2023 was 40.4% compared to 41.2% in the same period last year.
  • Net loss attributable to 3D Systems Corporation increased by $274,859 to a loss of $300,412 in the fourth quarter of 2023 compared to the same period in the prior year.
  • Net loss attributable to 3D Systems Corporation for the full year 2023 increased by $247,721 to a loss of $370,432 compared to the prior year.

Local Pharmacies on the Brink, New Survey Reveals

Retrieved on: 
Tuesday, February 27, 2024

The rule is intended to give pharmacies and patients more transparency on drug pricing.

Key Points: 
  • The rule is intended to give pharmacies and patients more transparency on drug pricing.
  • According to the new NCPA survey, 32 percent of all respondents say they are considering closing their doors in 2024 because of the cash crunch.
  • Increased vertical and horizontal consolidation of PBMs and health plans has caused severe inequities to pharmacies and Medicare Part D beneficiaries alike.
  • Community pharmacies are rooted in the communities where they are located and are among America’s most accessible health care providers.

Save Foods Navigates Brazilian Regulation and Commences Commercial Activity Through Exclusive Local Distributor

Retrieved on: 
Monday, February 26, 2024

Neve Yarak, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) (“Save Foods” or the “Company”), a pioneer Agri-Food Tech company offering sustainable solutions for agriculture and plant based food, announced today the commencement of commercial activity in Brazil. The Company's entry into the Brazilian market was facilitated by the Company's local exclusive distributor after confirming that Save Foods’ solutions comply with local regulations. With regulatory barriers unhindered, the Company's distributor is set to start marketing an ordering process.

Key Points: 
  • Neve Yarak, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Save Foods, Inc. (NASDAQ: SVFD) (FSE:80W) (“Save Foods” or the “Company”), a pioneer Agri-Food Tech company offering sustainable solutions for agriculture and plant based food, announced today the commencement of commercial activity in Brazil.
  • The Company's entry into the Brazilian market was facilitated by the Company's local exclusive distributor after confirming that Save Foods’ solutions comply with local regulations.
  • “We are thrilled to represent Save Foods in Brazil and combine our strengths with Save Foods' innovative solutions.
  • We are glad Save Foods’ products are cleared for distribution and we are looking forward to start our commitment to buying minimum quantities.

Marquette National Corporation Reports 2023 Annual Results

Retrieved on: 
Monday, February 26, 2024

CHICAGO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Marquette National Corporation (OTCQX: MNAT) today reported net income of $16.12 million for the year ended December 31, 2023, compared to net loss of $2.96 million for the year ended December 31, 2022.

Key Points: 
  • CHICAGO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Marquette National Corporation (OTCQX: MNAT) today reported net income of $16.12 million for the year ended December 31, 2023, compared to net loss of $2.96 million for the year ended December 31, 2022.
  • The Company recorded earnings per share of $3.69 for 2023 as compared to a loss of $0.68 per share for the year ended December 31, 2022.
  • At December 31, 2023, total assets were $2.142 billion, an increase of $59 million, or 3%, compared to $2.083 billion at December 31, 2022.
  • Marquette National Corporation is a diversified financial holding company and the parent of Marquette Bank, a full-service, community bank that serves the financial needs of communities in Chicagoland.

ASRT 9-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Assertio Holdings (ASRT) Investors with Substantial Losses to Contact Firm Before Mar. 5th Deadline in Securities Fraud Class Action

Retrieved on: 
Sunday, February 25, 2024

SAN FRANCISCO, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Assertio Holdings, Inc. (NASDAQ: ASRT) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Assertio Holdings, Inc. (NASDAQ: ASRT) investors who suffered substantial losses to submit your losses now .
  • Assertio Holdings, Inc. (ASRT) Securities Fraud Class Action:
    On Jan. 4, 2024, securities analyst Sidoti & Company lowered its price target of Assertio Holdings (ASRT) shares by 25% and also significantly cut its 2024 and 2025 revenue estimates.
  • First, on Jan. 5, ASRT shares nose-dived after the Company announced that CEO Dan Peisert was stepping down.
  • Notably, Assertio characterized Peisert’s separation from the company as an “involuntary termination.”
    Second, immediately following Peisert’s termination, ASRT investors filed a securities fraud class action suit alleging Assertio securities were artificially inflated for the period of Mar.

ASRT 12-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Assertio Holdings (ASRT) Investors with Substantial Losses to Contact Firm Before Mar. 5th Deadline in Securities Fraud Class Action

Retrieved on: 
Thursday, February 22, 2024

SAN FRANCISCO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Assertio Holdings, Inc. (NASDAQ: ASRT) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Assertio Holdings, Inc. (NASDAQ: ASRT) investors who suffered substantial losses to submit your losses now .
  • Assertio Holdings, Inc. (ASRT) Securities Fraud Class Action:
    On Jan. 4, 2024, securities analyst Sidoti & Company lowered its price target of Assertio Holdings (ASRT) shares by 25% and also significantly cut its 2024 and 2025 revenue estimates.
  • First, on Jan. 5, ASRT shares nose-dived after the Company announced that CEO Dan Peisert was stepping down.
  • Notably, Assertio characterized Peisert’s separation from the company as an “involuntary termination.”
    Second, immediately following Peisert’s termination, ASRT investors filed a securities fraud class action suit alleging Assertio securities were artificially inflated for the period of Mar.

Parsons Announces Pricing Of $700.0 Million Of Convertible Senior Notes Due 2029; Enters into Concurrent Capped Call Transactions to Offset Potential Dilution

Retrieved on: 
Thursday, February 22, 2024

In connection with the offering, Parsons entered into privately negotiated capped call transactions to offset potential dilution.

Key Points: 
  • In connection with the offering, Parsons entered into privately negotiated capped call transactions to offset potential dilution.
  • In connection with issuing the Existing Convertible Notes, Parsons entered into convertible note hedge transactions (the “existing convertible note hedge transactions”) and warrant transactions (the “existing warrant transactions,” and, together with the existing convertible note hedge transactions, the “existing call spread transactions”) with certain financial institutions (the “existing option counterparties”).
  • The capped call transactions will cover, subject to anti-dilution adjustments substantially similar to those applicable to the notes, the number of shares of Parsons’ common stock underlying the notes.
  • If the initial purchasers exercise their option to purchase additional notes, Parsons expects to enter into additional capped call transactions with the option counterparties.

NeuroMetrix Reports Q4 and Full Year 2023 Business Highlights

Retrieved on: 
Thursday, February 22, 2024

WOBURN, Mass., Feb. 22, 2024 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (Nasdaq: NURO) today reported financial and business highlights for the quarter and full year ended December 31, 2023.

Key Points: 
  • WOBURN, Mass., Feb. 22, 2024 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (Nasdaq: NURO) today reported financial and business highlights for the quarter and full year ended December 31, 2023.
  • "Quell® Fibromyalgia growth accelerated in Q4 2023 reflecting the addition in Q3 2023 of two field business development managers and optimized clinical messaging.
  • In the successive quarters of Q4 2023 versus Q3 2023, all key operating metrics showed substantial growth.
  • The Q4 2023 net loss was $1.6 million ($1.43 per share) versus a net loss of $0.7 million ($0.73 per share) in Q4 2022.

Parsons Announces Offering Of $700.0 Million Of Convertible Senior Notes Due 2029

Retrieved on: 
Wednesday, February 21, 2024

CHANTILLY, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it intends to offer, subject to market and other conditions, $700.0 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private placement.

Key Points: 
  • CHANTILLY, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) announced today that it intends to offer, subject to market and other conditions, $700.0 million aggregate principal amount of convertible senior notes due 2029 (the “notes”) in a private placement.
  • Upon conversion, the notes will settle for cash and, if applicable, shares of Parsons’ common stock.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering.
  • This activity could affect the market price of Parsons’ common stock and the initial conversion price of the notes.

Operational Security Solutions (OSS) Releases 2023 Highlights and Expansion Roadmap for 2024

Retrieved on: 
Wednesday, February 21, 2024

FRESNO, CA, Feb. 21, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Operational Security Solutions (“OSS”), the premier provider of full-spectrum risk management services with specialization in secure cash management and logistics, compliance services, security consulting, and facility hardening, today released highlights from 2023 operations and its expansion roadmap for 2024 as the company eyes further market saturation on the East Coast and new sector offerings.

Key Points: 
  • FRESNO, CA, Feb. 21, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Operational Security Solutions (“OSS”), the premier provider of full-spectrum risk management services with specialization in secure cash management and logistics, compliance services, security consulting, and facility hardening, today released highlights from 2023 operations and its expansion roadmap for 2024 as the company eyes further market saturation on the East Coast and new sector offerings.
  • Last year, OSS made significant strides in further establishing its presence as a predominant player on the East Coast .
  • This geographic service expansion paired with the several new service offerings launched by the Company, aided in sustaining revenue throughout 2023.
  • Accordingly, the OSS Security Consulting division experienced heavy demand for assistance at the beginning of 2023 that gradually tapered off by the end of the year.