Q2

Fidelity® Q3 2023 Retirement Analysis: Workers Commit to the Long-Term While Navigating Uncertain Markets and Short-Term Challenges

Retrieved on: 
Monday, November 20, 2023
Women, Personal Finance, Baby Boomers, Men, Accounting, Professional Services, Consumer, Generation Z, Contract management, Gen, Workforce, Viewpoints, Hardship, Fidelity, Advice, Retirement, Growth, Workplace, Financial adviser, Bank, Nursing, Q2, Q3, IRA

The total number of IRA accounts rose to 14.6 million, an 11% leap over this time last year (Q3 2022).

Key Points: 
  • The total number of IRA accounts rose to 14.6 million, an 11% leap over this time last year (Q3 2022).
  • Across generations, Roth IRAs continue to be the preferred retail retirement savings vehicle, with 61.2% of all IRA contributions going to Roth.
  • “It’s impressive to see Gen Z entering the workforce and prioritizing retirement savings,” said Rita Assaf, head of Retirement Products.
  • Hardship withdrawals: In Q3, 2.3% of workers took hardship withdrawal, up from 1.8% in Q3 2022.

Trellix Detects Collaboration by Cybercriminals and Nation-States

Retrieved on: 
Thursday, November 16, 2023
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Dark, Generative, Secop, Dark web, Synthetic media, Telemetry, Research, Houston Advanced Research Center, Intelligence, URL, APT, XDR, POC, Ciso, Risk management, Cryptocurrency, Q2, Trellix

Trellix observed indicators of collaboration between ransomware groups and nation-state-backed advanced persistent threat (APT) actors, adoption and usage of lesser-known programming languages for malware, and cybercriminals developing Generative AI (GenAI) tools.

Key Points: 
  • Trellix observed indicators of collaboration between ransomware groups and nation-state-backed advanced persistent threat (APT) actors, adoption and usage of lesser-known programming languages for malware, and cybercriminals developing Generative AI (GenAI) tools.
  • “Cybercriminals are becoming increasingly more agile, organized, and politically aligned.
  • The Trellix Advanced Research Center’s latest CyberThreat Report includes:
    Malicious GenAI: Cybercriminals bypass protections to take advantage of commonly known tools and use GenAI to enhance phishing campaigns.
  • Underground Collaboration: The last six months demonstrated an increase in threat actors actively collaborating on Dark Web forums.

Cresco Labs Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 15, 2023
Alternative Medicine, Cannabis, Retail, Health, Tobacco, Natural Resources, Specialty, Webcast, EBITDA, FSE, Q2, CSE, Bank statement, Tax, Depreciation, Public expenditure, Boston, Eastern Time Zone, GAAP, Total, Cresco Labs, Growth, Corona Labs Inc., Drug, Bank, Fine chemical, Cryptocurrency, Security (finance), Q3

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today released its financial and operating results for the third quarter ended September 30, 2023.

Key Points: 
  • Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) (“Cresco Labs” or the “Company”), the industry leader in branded cannabis products with a portfolio of America’s most popular brands and the operator of Sunnyside dispensaries, today released its financial and operating results for the third quarter ended September 30, 2023.
  • The financial information reported in this press release is based on unaudited management prepared financial statements for the quarter ended September 30, 2023.
  • The Company expects to file its unaudited condensed interim consolidated financial statements for the quarter ended September 30, 2023, on SEDAR+ on or about November 15, 2023.
  • Cresco Labs references certain non-GAAP financial measures throughout this press release, which may not be comparable to similar measures presented by other issuers.

Soluna Holdings Reports Q3 Results

Retrieved on: 
Wednesday, November 15, 2023
Electronic Design Automation, Data Management, Environment, Technology, Cryptocurrency, Sustainability, Other Energy, Security, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Green Technology, Artificial Intelligence, Professional Services, Telecommunications, Software, Networks, Nuclear, Internet, Hardware, Bitcoin, Thony Belizaire, Ancillary services (electric power), ERCOT, Adjustment, Advisory board, AI, Letter, Renewable energy, Q2, Project

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, reported financial results for the third quarter ended September 30, 2023.
  • John Belizaire, CEO of Soluna Holdings, said, “We are delighted to announce the successful completion of Project Dorothy 1B, marking a significant milestone for Project Dorothy.
  • The business transition initiated in Q2 is yielding positive results, evident in our latest financials.
  • As of the end of the third quarter of 2023, Soluna deployed over 23,600 bitcoin miners (between hosting and prop mining) across all sites.

Fisker Inc. Announces Third Quarter 2023 Financial Results*

Retrieved on: 
Monday, November 13, 2023
General Automotive, EV, Electric Vehicles, Automotive, Supercharger, Lounge, NYSE, IAA, ESP, Traction, Tax, Fisker Ocean, Multimedia, Public expenditure, Culture, PEAR, Calendar, City, OEM, GAAP, Extreme, Ultra, Growth, NACS, OTA, Fisker Inc., Inc., Tesla Supercharger, VAT, ESG, Retail, Nightclub, Security (finance), Video game, Q2, Q3, Fisker

Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced its financial results for the third quarter ended September 30, 2023.
  • We are gaining momentum and delivered more units in the month of October than in all of the third quarter,” stated Henrik Fisker, Chairman and Chief Executive Officer of Fisker.
  • 4,725 Fisker Ocean vehicles were produced in Q3 2023, up from 1,022 in Q2 2023, which included the impact from the summer holiday production shutdown.
  • Third Quarter 2023 Financial Highlights:
    Revenue totaled $71.8 million compared to revenue of $825 thousand last quarter.

Q2 Announces New Executive Appointments

Retrieved on: 
Monday, November 13, 2023
Technology, Finance, Security, Fintech, Banking, Professional Services, Software, Asset Management, Data Management, DST Systems, Woman, Economics, Engineering, Risk management, Quaternary, Strategic planning, NTSC, University of Missouri, Growth, CISO, Knowledge, Community Food Security Coalition, Q2, Internet of things, Organization, Data science, Management science, University of La Verne, CBCP, Army, Rutgers University, Harvard University, SS&C Technologies, Professional development, Internet, Iowa State University, NYSE, GE Digital, Biotechnology, Private sector, Doctor of Philosophy, Trust, Jawaharlal Nehru Technological University, Environment, Human, Arm, Ciso, Management, Science, Risk, Sybase

Mukkamala is a member of Q2’s executive leadership team, reporting to the president.

Key Points: 
  • Mukkamala is a member of Q2’s executive leadership team, reporting to the president.
  • Williams joined Q2 from SS&C Technologies, where he served as the Managing Director of Risk and Technology Services.
  • “People are a key part of fulfilling this mission, and the team members I’ve met at Q2 are smart, talented and humble.
  • "I am thrilled to join Q2 and contribute to the company's mission and growth strategy while strengthening Q2's and our customers' security posture."

Owlet Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023
Children, Biotechnology, Baby, Maternity, Other Consumer, Health, General Health, Biometrics, Health Technology, Medical Devices, Consumer, Parenting, EBITDA, NYSE, Q2, Amazon, Babysitting, Amazon (company), Conference call, Investment, Net, FDA, Event, Conference, OWLT, Q4, Operating cost, Growth, Online shopping, Pharmaceutical industry, Video game, Owlet

Owlet, Inc. (“Owlet” or the “Company”) (NYSE:OWLT) today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Owlet, Inc. (“Owlet” or the “Company”) (NYSE:OWLT) today reported financial results for the third quarter ended September 30, 2023.
  • Operating expenses were approximately $11.2 million in the third quarter of 2023, compared to $26.4 million for the same period in 2022.
  • Adjusted EBITDA loss was approximately $5.5 million in third quarter 2023, compared to $18.4 million for the third quarter of 2022.
  • Net loss per share was $(0.84) for the third quarter of 2023, compared to $(2.42) for the third quarter of 2022.

Cornerstone Advisors Completes Record Number of Successful Bank and Credit Union Technology System Conversions

Retrieved on: 
Thursday, December 14, 2023
Research, FIS, Correlation, Investment, PSCU, Technology/Transformation: Wonder Woman, What's Going On, Smith, Cryptocurrency, Q2, Fiserv

SCOTTSDALE, Ariz., Dec. 14, 2023 /PRNewswire/ -- Cornerstone Advisors, a leading management and technology consultancy for banks, credit unions and fintech firms, announced today that the company has hit a historical record with the successful completion of 32 core, digital and payment system conversions within a single year. These clients represent banks and credit unions ranging from $300 million to $10 billion in assets.

Key Points: 
  • SCOTTSDALE, Ariz., Dec. 14, 2023 /PRNewswire/ -- Cornerstone Advisors , a leading management and technology consultancy for banks, credit unions and fintech firms, announced today that the company has hit a historical record with the successful completion of 32 core, digital and payment system conversions within a single year.
  • These clients represent banks and credit unions ranging from $300 million to $10 billion in assets.
  • "And while that was a big one, the accomplishment we're most proud of this year was our team's completion of five different core system conversions in a single weekend."
  • We remain steadfast in our goal of serving as a trusted partner to support their transformation journeys," Smith concluded.

Finopotamus Launches the 2023-24 Edition of the Digital Banking Industry Leaders Forum

Retrieved on: 
Thursday, November 30, 2023
Intelligence, Machine learning, Learning, Leg, Q4, Credit, Mobile phone, Q2

SAN DIEGO, Nov. 30, 2023 /PRNewswire/ -- Finopotamus, the only online resource providing in-depth technology coverage exclusively to credit unions, today announced the launch of the 2023-24 edition of the Digital Banking Industry Leaders Forum (DBILF) at www.digitalbankingleaders.com. Bringing together 12 industry experts from a broad range of backgrounds, the DBILF is designed to aggregate focused commentary from across North America. Participants and their respective articles include:

Key Points: 
  • "By learning what ideas are important to each vendor, credit union technologists can see which ones align with their credit unions' digital banking goals and objectives.
  • San Filippo also noted that in 2024, Finopotamus will be launching additional Industry Leaders Forums.
  • "We've received a lot of requests for a Payments Industry Leaders Forum, so that's what we have slated for Q1," he said.
  • "In Q2, we'll cover artificial intelligence and machine learning, in Q3 we'll look at core processing, and Q4 will bring us back around to digital banking."

Nanalysis Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 29, 2023
EBITDA, Party, Pressure, Research, The Company, NMR, Sime, Security, CATSA, FRA, NSCI, AB, Marketing, QUAD, Airport, Mumbai High Field, Security Service, Growth, MRI, Partial return reverse swap, Government, Cryptocurrency, Video game, Clothing, Q2, Nanalysis, Q3, Countertop

CALGARY, AB, Nov. 29, 2023 /PRNewswire/ - Nanalysis Scientific Corp. ("the Company") (TSXV: NSCI) (OTCQX: NSCIF) (FRA: 1N1), a leader in portable NMR machines and MRI technology for industrial and research applications, releases its third quarter results ending September 30, 2023.

Key Points: 
  • CALGARY, AB, Nov. 29, 2023 /PRNewswire/ - Nanalysis Scientific Corp. ("the Company") (TSXV: NSCI) (OTCQX: NSCIF) (FRA: 1N1), a leader in portable NMR machines and MRI technology for industrial and research applications, releases its third quarter results ending September 30, 2023.
  • "We had a good third quarter with continued strength in Security Services and we are encouraged by the results we are seeing in Benchtop Sales NMR with a 61% improvement sequentially over Q2, 2023," said Sean Krakiwsky Founder and CEO of Nanalysis.
  • Gross profit margins on product sales were 43% for the three months ended September 30, 2023.
  • There was continued training for the CATSA project that began in the first quarter of 2023, resulting in net training expenses of $689K for the three months ending September 30, 2023, and $2,580K for the nine months ending September 30, 2023 .