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Fresh Tracks Therapeutics Reports Third Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Monday, November 13, 2023

BOULDER, Colo., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Fresh Tracks Therapeutics, Inc. (the “Company” or “Fresh Tracks”) (Nasdaq: FRTX), today announced financial results for the third quarter ended September 30, 2023 and provided a corporate update.

Key Points: 
  • Historically, Fresh Tracks was a clinical-stage pharmaceutical company striving to transform patient lives through the development of innovative and differentiated prescription therapeutics.
  • Revenue was $7.9 million for the third quarter of 2023, compared to $0.5 million for the third quarter of 2022.
  • Research and development expenses were $0.6 million for the third quarter of 2023, compared to $3.6 million for the third quarter of 2022.
  • General and administrative expenses were $5.3 million for the third quarter of 2023, compared to $3.0 million for the third quarter of 2022.

AgeX Therapeutics Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023

AgeX Therapeutics, Inc. (“AgeX”; NYSE American: AGE), a biotechnology company developing therapeutics for human aging and regeneration, reported its financial and operating results for the quarter and six months ended June 30, 2023.

Key Points: 
  • AgeX Therapeutics, Inc. (“AgeX”; NYSE American: AGE), a biotechnology company developing therapeutics for human aging and regeneration, reported its financial and operating results for the quarter and six months ended June 30, 2023.
  • Cash, cash equivalents, and restricted cash totaled $0.3 million as of June 30, 2023.
  • As of June 30, 2023, AgeX owed Juvenescence Limited (“Juvenescence”) $33 million in principal and origination fees on account of loans extended to AgeX.
  • Operating expenses: Operating expenses for the three months ended June 30, 2023 were $1.9 million, as compared with $1.6 million for the same period in 2022.

PSEG Completes Sale of its 25% Equity Interest in Ocean Wind 1 to Ørsted N.A.

Retrieved on: 
Wednesday, May 31, 2023

NEWARK, N.J., May 31, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated today announced that it has completed the sale of its 25% equity interest in the 1,100-megawatt Ocean Wind 1 project to Ørsted North America (Ørsted N.A.).

Key Points: 
  • NEWARK, N.J., May 31, 2023 /PRNewswire/ -- Public Service Enterprise Group Incorporated today announced that it has completed the sale of its 25% equity interest in the 1,100-megawatt Ocean Wind 1 project to Ørsted North America (Ørsted N.A.).
  • has reimbursed PSEG for all of its cumulative outlays in the Ocean Wind 1 project, and Ørsted N.A.
  • PSEG has also entered into a limited Transition Services Agreement with Ørsted N.A.
  • to provide Ocean Wind 1 with construction management and environmental permitting services for the onshore substations and transmission cable installation scope of the project.

GENFIT Reports First Quarter 2023 Financial Information

Retrieved on: 
Thursday, May 11, 2023

As of March 31, 2023, the Company’s cash, cash equivalents and current financial assets amounted to €128.6 million compared with €222.2 million as of March 31, 2022, and €140.2 million as of December 31, 2022.

Key Points: 
  • As of March 31, 2023, the Company’s cash, cash equivalents and current financial assets amounted to €128.6 million compared with €222.2 million as of March 31, 2022, and €140.2 million as of December 31, 2022.
  • The decrease in cash, cash equivalents and current financial assets between December 31, 2022 and March 31, 2023 consists of costs arising out of the ordinary course of business related to the progress of our research and development pipeline.
  • We expect that our existing cash, cash equivalents and current financial assets will enable us to fund our operating expenses and capital expenditure requirements until approximately the fourth quarter of 2024.
  • Revenues2 for the first three months of 2023 amounted to €5.0 million compared to €3.9 million for the same period in 2022.

WOW! REPORTS FIRST QUARTER 2023 RESULTS

Retrieved on: 
Thursday, May 4, 2023

ENGLEWOOD, Colo., May 4, 2023 /PRNewswire/ -- WideOpenWest, Inc. ("WOW!" or the "Company") (NYSE: WOW), one of the nation's leading broadband providers, with an efficient, high-performing network that passes 1.9 million residential, business and wholesale consumers, today announced financial and operating results for the first quarter ended March 31, 2023.

Key Points: 
  • First Quarter 2023 High-Speed Data Revenue of $105.2 million, up 5% from First Quarter 2022
    ENGLEWOOD, Colo., May 4, 2023 /PRNewswire/ -- WideOpenWest, Inc.
  • Net Profit Margin was (22.1)% for the quarter ended March 31, 2023 as compared to 3.3% for the quarter ended March 31, 2022.
  • Adjusted EBITDA margin was 37.9% for the quarter ended March 31, 2023, as compared to 38.0% for the quarter ended March 31, 2022.
  • Capital Expenditures for the quarter ended March 31, 2023 equates to 35% of Total Revenue for the quarter ended March 31, 2023.

Cogent Communications Closes its Acquisition of the Sprint Wireline Business, Reports First Quarter 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock

Retrieved on: 
Thursday, May 4, 2023

WASHINGTON, May 4, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") today announced service revenue of $153.6 million for the three months ended March 31, 2023, an increase of 1.1% from the three months ended December 31, 2022 and an increase of 3.0% from the three months ended March 31, 2022. Foreign exchange rates positively impacted service revenue growth from the three months ended December 31, 2022 to the three months ended March 31, 2023 by $1.3 million and negatively impacted service revenue growth from the three months ended March 31, 2022 to the three months ended March 31, 2023 by $1.6 million. On a constant currency basis, service revenue increased by 0.2% from the three months ended December 31, 2022 to the three months ended March 31, 2023 and increased by 4.0% for the three months ended March 31, 2022 to the three months ended March 31, 2023.

Key Points: 
  • The Q2 2023 $0.935 dividend per share represents an annual increase of 6.3% from the dividend per share of $0.880 for Q2 2022.
  • On-net service is provided to customers located in buildings that are physically connected to Cogent's network by Cogent facilities.
  • EBITDA margin, including Sprint acquisition costs, was 36.5% for the three months ended March 31, 2023.
  • EBITDA margin, excluding Sprint acquisition costs, was 36.8% for the three months ended March 31, 2023.

GENFIT Announces Revenues and Cash Position as of December 31, 2022

Retrieved on: 
Tuesday, February 28, 2023

Cash, cash equivalents and current financial instruments totaled €140.2 million as of December 31, 2022.

Key Points: 
  • Cash, cash equivalents and current financial instruments totaled €140.2 million as of December 31, 2022.
  • Lille (France); Cambridge (Massachusetts, United States); Zurich (Switzerland); February 28, 2023 - GENFIT (Nasdaq and Euronext: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with liver diseases characterized by high unmet medical needs, today announced its cash position as of December 31, 2022 and revenues for 2022.
  • 12
    As of December 31, 2022, the Company’s cash, cash equivalents and current financial instruments amounted to €140.2 million compared with €258.8 million as of December 31, 2021.
  • As of September 30, 2022, cash, cash equivalents and current financial instruments totaled €163.6 million.

New ‘Arc’ Next Generation Fare Collection System Launches in Edmonton Metropolitan Region

Retrieved on: 
Thursday, December 1, 2022

Arc will ensure riders always benefit from the best fare available for their chosen journey.

Key Points: 
  • Arc will ensure riders always benefit from the best fare available for their chosen journey.
  • The Arc fare collection system unifies the transit rider experience across the participating jurisdictions.
  • The solution is built on Vixs industry-leading fare collection platform, Vix Pulse, an open architecture platform that allows for scalability and integration, supporting multi-modal, multi-operator fare collection, harmonizing account-based ticketing and contactless payments.
  • Carrie Hotton-MacDonald, Edmonton Transit Service Branch Manager, said: The Arc system is a huge leap forward for transit passengers within the region, allowing them to benefit from fare capping across multiple regional agencies, with a system thats both user friendly and seamless in its experience.

Bath & Body Works Reports Third Quarter Sales and Earnings Results

Retrieved on: 
Wednesday, November 16, 2022

COLUMBUS, Ohio, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported third quarter 2022 results.

Key Points: 
  • COLUMBUS, Ohio, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported third quarter 2022 results.
  • The company reported earnings from continuing operations per diluted share of $0.40 for the third quarter ended Oct. 29, 2022, compared to $0.66 for the quarter ended Oct. 30, 2021.
  • Additional third quarter financial information, including management commentary, is currently available at www.BBWInc.com .Bath & Body Works, Inc.will conduct its third quarter earnings call at9:00 a.m.Eastern on Nov. 17.To listen, call 1.888.946.7609 (international dial-in number: 1.517.308.9411); conference ID 6362067.
  • ABOUT BATH & BODY WORKS:
    Home of Americas Favorite Fragrances, Bath & Body Works is a global leader in personal care and home fragrance, including the #1 selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap.

Sungard AS Announces Successful Bid for Its N.A. Recovery Services Business by 11:11 Systems

Retrieved on: 
Wednesday, October 5, 2022

Sungard Availability Services (Sungard AS) today announced that it has entered into an Asset Purchase Agreement (APA) with 11:11 Systems (11:11), a managed infrastructure solutions provider, to acquire its North American Recovery Services (RS) business.

Key Points: 
  • Sungard Availability Services (Sungard AS) today announced that it has entered into an Asset Purchase Agreement (APA) with 11:11 Systems (11:11), a managed infrastructure solutions provider, to acquire its North American Recovery Services (RS) business.
  • The RS business, for which Sungard AS has a long-time reputation as an industry leader, includes its Managed Recovery Program (MRP), Cloud Recovery and traditional infrastructure Recovery Services (Hotsite) and its recently announced Cyber Incident Recovery Services.
  • Sungard Availability Services is a trademark or registered trademark of SunGard Data Systems or its affiliate, used under license.
  • The Sungard Availability Services logo by itself is a trademark or registered trademark of Sungard Availability Services Capital, Inc. or its affiliate.