Marginal cost

PetVivo Reports Third Quarter of Fiscal 2023 Financial Results

Retrieved on: 
Thursday, February 9, 2023

EDINA, MN , Feb. 09, 2023 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (Nasdaq: PETV and PETVW), an emerging biomedical device company focused on the commercialization of innovative medical therapeutics for animals, announces financial results for the third quarter of fiscal 2023. The Company began commercialization of its lead product Spryng™ with OsteoCushion™ Technology, a veterinarian-administered, intraarticular injection for the management of lameness and other joint afflictions such as osteoarthritis in dogs and horses in September 2021.

Key Points: 
  • Conference call begins at 4:00 p.m. Central time today
    EDINA, MN , Feb. 09, 2023 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (Nasdaq: PETV and PETVW), an emerging biomedical device company focused on the commercialization of innovative medical therapeutics for animals, announces financial results for the third quarter of fiscal 2023.
  • John Lai, CEO, commented, “I’m excited about our team’s performance in the third quarter of fiscal 2023 highlighted by revenues of $510,109 as compared to $51,004 in the same period a year ago.
  • Product shipments to MWI increased to $456,502 in the third quarter as compared to $118,264 in the second quarter of 2023.
  • In January 2023, we entered into a lease agreement for approximately 14,000 square feet of production and warehouse space in Edina, Minnesota.

Microbix Reports Results for Q1 Fiscal 2023 Sales of $2.5 million, Net Loss of $1.3 million

Retrieved on: 
Thursday, February 9, 2023

Microbix remains well-capitalized and is targeting to continue increasing sales of its testing-related medical devices and ingredients, thereby growing sales, margins, and earnings.

Key Points: 
  • Microbix remains well-capitalized and is targeting to continue increasing sales of its testing-related medical devices and ingredients, thereby growing sales, margins, and earnings.
  • Q1 sales were $2.5 million, meaningfully below the past several quarters.
  • The resulting reduction in gross margin dollars created a meaningful net loss for Q1.
  • Overall, weaker sales led to an operating loss and net loss of $1,299,262 versus a Q1 2022 operating income and net income of $880,778.

The Children's Place Announces Preliminary Unaudited Results for the Fourth Quarter 2022

Retrieved on: 
Monday, February 6, 2023

SECAUCUS, N.J., Feb. 06, 2023 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced preliminary unaudited results for the fourth quarter of 2022.

Key Points: 
  • SECAUCUS, N.J., Feb. 06, 2023 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced preliminary unaudited results for the fourth quarter of 2022.
  • Fourth quarter inventory is now expected to be up 5.5% to 6.5% versus last year, compared to a year-over-year increase of 24% ending the third quarter of 2022.
  • Certain of the Company’s preliminary unaudited results are reported in this press release on an adjusted, non-GAAP basis.
  • This press release does not contain all the necessary information for an understanding of the Company’s results of operations for the fourth quarter of 2022 or the full year 2022.

GSI Technology, Inc. Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, January 26, 2023

SigmaQuad sales were 45.2% of third quarter shipments compared to 40.5% in the third quarter of fiscal 2022 and 58.1% in the prior quarter.

Key Points: 
  • SigmaQuad sales were 45.2% of third quarter shipments compared to 40.5% in the third quarter of fiscal 2022 and 58.1% in the prior quarter.
  • Total operating expenses in the third quarter of fiscal 2023 were $8.5 million, compared to $9.0 million in the third quarter of fiscal 2022 and $8.8 million in the prior quarter.
  • Third quarter fiscal 2023 operating loss was ($4.8 million) compared to ($4.6 million) in the prior year period and an operating loss of ($3.2 million) in the prior quarter.
  • GSI Technology will announce financial results for its third fiscal quarter ended December 31, 2022 after the market close on Thursday, January 26, 2023.

Workday Sees Continued Momentum Across Retail Industry, Empowering Global Organizations to Adapt to Evolving Business, Employee, and Consumer Needs

Retrieved on: 
Monday, January 16, 2023

NEW YORK, Jan. 16, 2023 /PRNewswire/ -- NRF 2023 (Booth #5957) -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced continued momentum within the retail industry, with more than 50% of the retail organizations in the Fortune 500 having selected Workday. As part of this momentum, an increasing number of global retail organizations selected Workday Financial Management in the past year – including Dave & Buster's, Inc., Express LLC, EZCORP, Inc., and more – to help drive deeper financial insight and organizational flexibility and to support future growth.

Key Points: 
  • To keep pace and help accelerate digital transformation efforts, global retail organizations of all sizes, including Electrolux, KBP Brands, PVH Corp., RaceTrac, Team Car Care, and more are leveraging Workday.
  • To help retailers elevate the worker experience and respond to changing customer demand, Workday introduced new demand forecasting to Workday Scheduling and Labor Optimization .
  • This allows organizations to generate more accurate and cost-effective schedules while ensuring workers' availability, preferences, and skills align with open shifts.
  • Workday helps retail organizations bridge the gap between the back office and the front office by providing finance, HR, and operations leaders with a single source to manage their retail operations.

Workday Sees Continued Momentum Across Retail Industry, Empowering Global Organizations to Adapt to Evolving Business, Employee, and Consumer Needs

Retrieved on: 
Monday, January 16, 2023

NEW YORK, Jan. 16, 2023 /PRNewswire/ -- NRF 2023 (Booth #5957) -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced continued momentum within the retail industry, with more than 50% of the retail organizations in the Fortune 500 having selected Workday. As part of this momentum, an increasing number of global retail organizations selected Workday Financial Management in the past year – including Dave & Buster's, Inc., Express LLC, EZCORP, Inc., and more – to help drive deeper financial insight and organizational flexibility and to support future growth.

Key Points: 
  • To keep pace and help accelerate digital transformation efforts, global retail organizations of all sizes, including Electrolux, KBP Brands, PVH Corp., RaceTrac, Team Car Care, and more are leveraging Workday.
  • To help retailers elevate the worker experience and respond to changing customer demand, Workday introduced new demand forecasting to Workday Scheduling and Labor Optimization .
  • This allows organizations to generate more accurate and cost-effective schedules while ensuring workers' availability, preferences, and skills align with open shifts.
  • Workday helps retail organizations bridge the gap between the back office and the front office by providing finance, HR, and operations leaders with a single source to manage their retail operations.

VOXX International Corporation Reports its Fiscal 2023 Third Quarter Financial Results

Retrieved on: 
Monday, January 9, 2023

ORLANDO, Fla., Jan. 9, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 third quarter ended November 30, 2022.

Key Points: 
  • ORLANDO, Fla., Jan. 9, 2023 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 third quarter ended November 30, 2022.
  • On a sequential basis, when compared to the Fiscal 2023 second quarter ended August 31, 2022, Fiscal 2023 third quarter net sales increased $17.4 million or 13.8%.
  • Net income attributable to VOXX International Corporation in the Fiscal 2023 third quarter was $7.4 million as compared to a net loss attributable to VOXX International Corporation of $28.1 million in the comparable Fiscal 2022 period.
  • Net loss attributable to VOXX International Corporation in the Fiscal 2023 nine-month period was $9.3 million as compared to a net loss attributable to VOXX International Corporation of $25.1 million in the comparable Fiscal 2022 period.

NYC Announces Business Strategy Change and Plan to Declare a Common Stock Reverse Stock Split

Retrieved on: 
Friday, December 30, 2022

New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”) announced today that it intends to expand the scope of the assets and businesses the Company may own and operate.

Key Points: 
  • New York City REIT, Inc. (NYSE: NYC) (“NYC” or the “Company”) announced today that it intends to expand the scope of the assets and businesses the Company may own and operate.
  • As a result, the Company expects to change its REIT election and become a taxable C corporation.
  • The election if and when made, would be effective as of January 1, 2023.
  • The reverse stock split is expected to be effective at 5:00p.m.

Limoneira Company Announces Fiscal Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Thursday, December 22, 2022

Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the fiscal fourth quarter and full year ended October 31, 2022.

Key Points: 
  • Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today reported financial results for the fiscal fourth quarter and full year ended October 31, 2022.
  • The Company recognized $2.7 million of orange revenue in the fourth quarter of fiscal year 2022, compared to nominal revenue in the same period of fiscal year 2021.
  • Total costs and expenses for the fourth quarter of fiscal year 2022 were $41.5 million, compared to $40.0 million in the fourth quarter of last fiscal year.
  • The Company recorded an approximate gain of $4.2 million on this transaction in the fourth quarter of fiscal year 2022.

U.S. Households Pay $986 a Year in Hidden Costs Associated With Paying Bills, up 6% Year over Year

Retrieved on: 
Friday, December 2, 2022

The hidden bill pay costs obscured in identity fraud, late fees, overdraft fees, and detrimental credit impacts amount to an additional $128 billion annually, averaging $986 per household.

Key Points: 
  • The hidden bill pay costs obscured in identity fraud, late fees, overdraft fees, and detrimental credit impacts amount to an additional $128 billion annually, averaging $986 per household.
  • While households paid $15 billion because of biller late fees and penalties last year, this year they paid $20 billion.
  • doxos report uncovers the concerns American consumers have about these hidden costs and quantifies the expense for the typical U.S. household.
  • Hidden bill pay costs like identity fraud, detrimental credit impacts, late fees and overdraft fees are a major avoidable expense for many consumers.