Q3

QualTek Announces Second Quarter 2022 Financial Results

Retrieved on: 
Monday, August 8, 2022 - 9:05pm

- Record second quarter 2022 revenue of $184.2 million, a 41% increase year-over-year

Key Points: 
  • - Record second quarter 2022 revenue of $184.2 million, a 41% increase year-over-year
    - Second quarter 2022 Telecom segment revenue of $175.2 million, a 48.5% increase year-over-year
    BLUE BELL, Pa., Aug. 8, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today strong 2022 second quarter financial results of its subsidiary QualTek HoldCo, LLC.
  • Second quarter 2022 revenue was $184.2 million, compared to $130.6 million for the second quarter of 2021, a 41% increase.
  • Second quarter 2022 adjusted EBITDA was $10.2 million compared to $6.4 million, inclusive of discontinued Canadian operations, for the second quarter of 2021, a 59% increase.
  • Backlog at the end of the second quarter 2022 was $2.3 billion, up from year-end 2021 of $2.1 billion and up from first quarter 2022 of $2.2 billion.

Sceye HAPS Ascend to Stratosphere Using Renewable Energy Sources

Retrieved on: 
Saturday, August 6, 2022 - 12:04am

Sceye, a manufacturer of High-Altitude Platform Stations (HAPS), announced that it reached the stratosphere on June 14, 2022 with the aim of demonstrating the ability to stay over an area of operation for months at a time using renewable energy sources.

Key Points: 
  • Sceye, a manufacturer of High-Altitude Platform Stations (HAPS), announced that it reached the stratosphere on June 14, 2022 with the aim of demonstrating the ability to stay over an area of operation for months at a time using renewable energy sources.
  • Sceyes HAPS launched at 6:55 AM MDT from the companys hangar at the Roswell International Airport.
  • Todays test flight holds extraordinary potential for stratospheric discovery, said Sceye founder and CEO, Mikkel Vestergaard Frandsen.
  • By maintaining position in the stratosphere for extended periods of time, we can begin realizing the promises of the stratosphere for life on Earth.

Poland Construction Market Report 2022: Industry is Expected to Grow by 2.7% in 2022, Down from the Previous Forecast of 4.2%, Owing to the Russia-Ukraine Crisis - ResearchAndMarkets.com

Retrieved on: 
Friday, August 5, 2022 - 12:35pm

The "Poland Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Poland Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
  • The Polish construction industry is expected to grow by 2.7% in 2022, down from the previous forecast of 4.2%, owing to the Russia-Ukraine crisis which is likely to weaken investor confidence in the country over the year if the conflict is protracted.
  • Moreover, the country's total investment in fixed capital grew by 7.9% in 2021, up from a decline of 9% in 2020.
  • Over the forecast period, financial support will be provided by the European Union's Recovery and Resilience Facility (RRF).

PSYC Corp’s Psychedelic Spotlight Surpasses One Million Page Views for Third Consecutive Month

Retrieved on: 
Wednesday, August 3, 2022 - 1:30pm

We are incredibly proud of our team for growing it into the juggernaut it is today, said PSYC CEO, David Flores.

Key Points: 
  • We are incredibly proud of our team for growing it into the juggernaut it is today, said PSYC CEO, David Flores.
  • Psychedelic Spotlight Marketing Director Maria Holyanova touted the platforms monthly performance.
  • Over the last month, our team updated its game plan, which ultimately led to a higher ranking for Psychedelic Spotlight on Google Search and Google News.
  • Psychedelic Spotlight Executive Director Swati Sharma elaborated on Psychedelic Spotlights growing influence on conversations within the psychedelic space.

Eat Well Group Reports Second Quarter 2022 Financial Results, Including Record Revenue and Profitability for Portfolio Company

Retrieved on: 
Tuesday, August 2, 2022 - 7:00pm

The team delivered record revenue and record gross profit as they fulfill their mission to feed families globally, while our CPG investments continue to scale rapidly across channels.

Key Points: 
  • The team delivered record revenue and record gross profit as they fulfill their mission to feed families globally, while our CPG investments continue to scale rapidly across channels.
  • I am confident we are on the right path, and the market will appreciate how robust EWGs portfolio companies are becoming, commented Marc Aneed, the Companys President & CEO.
  • Real food, right now, is what the world needs, and thats what Eat Wells portfolio companies are supplying every week, continued Aneed.
  • Eat Well Group is a publicly traded investment Company primarily focused on high-growth companies in the agribusiness, food tech, plant-based and ESG (Environmental, Social and Governance) sectors.

Astra Forms Significant Partnerships Despite Market Challenges

Retrieved on: 
Monday, August 1, 2022 - 6:00pm

Astra is needed now more than ever to help prevent disreputable market behaviour, which is why the Astra team is constantly expanding.

Key Points: 
  • Astra is needed now more than ever to help prevent disreputable market behaviour, which is why the Astra team is constantly expanding.
  • Their expertise will help bolster Astra's strong tech team even further as the Astra Protocol becomes vital to reinvigorate the crypto market.
  • While other blockchain platforms struggle to navigate the current challenges, Astra has been designed with a secure future in mind.
  • By bridging the gap between innovation and regulation, Astra will make the digital asset market safe and prosperous while reducing volatility.

Astra Forms Significant Partnerships Despite Market Challenges

Retrieved on: 
Monday, August 1, 2022 - 6:00pm

Astra is needed now more than ever to help prevent disreputable market behaviour, which is why the Astra team is constantly expanding.

Key Points: 
  • Astra is needed now more than ever to help prevent disreputable market behaviour, which is why the Astra team is constantly expanding.
  • Their expertise will help bolster Astra's strong tech team even further as the Astra Protocol becomes vital to reinvigorate the crypto market.
  • While other blockchain platforms struggle to navigate the current challenges, Astra has been designed with a secure future in mind.
  • By bridging the gap between innovation and regulation, Astra will make the digital asset market safe and prosperous while reducing volatility.

First Party Audience Data Monetization Company ArcSpan Technologies Releases Contextual APP ™ Data Solution to Boost Publisher Revenue

Retrieved on: 
Monday, August 1, 2022 - 5:50pm

NEW YORK, Aug. 1, 2022 /PRNewswire/ -- ArcSpan Technologies (www.arcspan.com), a New York-based, real-time audience data monetization and optimization company announced the launch of ArcSpan's Contextual APP™ (referring to the integrated data functions "Analyze", "Process" and "Push"), a new solution within ArcSpan's Audience Engine™ platform that significantly empowers publishers to structure and monetize their contextual first-party audience data. Contextual APP provides an efficient, consumer privacy-forward data processing solution that offers leading publishers greater data control, insights, and access to monetization pathways. Different from legacy providers, this advanced contextual solution incorporates text, image, and video components.

Key Points: 
  • Contextual APP provides an efficient, consumer privacy-forward data processing solution that offers leading publishers greater data control, insights, and access to monetization pathways.
  • "...Contextual APP offers more integrated and scalable data solutions to drive revenue" said Chris Guenther, ArcSpan COO
    ArcSpan's next-gen audience monetization platform, Audience Engine strengthens publishers' and retailers' media revenue strategies as the digital advertising industry transitions away from the use of third-party cookies.
  • Data Process: ArcSpan's real-time data processor configures publisher contextual data according to IAB and other industry contextual data taxonomies.
  • "The overall ArcSpan Audience Engine Platform approach represents a series of coordinated enhancements to make first-party audience data selling more automated, integrated and scalable for publisher revenue teams.

DGAP-News: Stabilus SE: Double-digit revenue and earnings growth in Q3 FY2022

Retrieved on: 
Monday, August 1, 2022 - 6:02am

Following an already strong second quarter FY2022, revenue and earnings growth further accelerated in the third quarter.

Key Points: 
  • Following an already strong second quarter FY2022, revenue and earnings growth further accelerated in the third quarter.
  • Group revenue in the third quarter of FY2022 increased by 18.5% year-on-year to 271.1 million (Q3 FY2021: 228.7 million).
  • In EMEA, revenue in Q3 FY2022 increased by 0.9% to 118.4 million (Q3 FY2021: 117.3 million).
  • In Asia-Pacific (APAC), the company again recorded above-average revenue growth of 53.1% year-on-year to 55.1 million (Q3 FY2021: 36.0 million).

Figure Expands Reach of HELOC Products To Consumers Through Partnerships with Leading Mortgage Companies

Retrieved on: 
Friday, July 29, 2022 - 11:00am

SAN FRANCISCO, July 29, 2022 /PRNewswire/ -- Figure, the country's leading provider of home equity financing technology, announced today that additional consumers will gain access to home equity line of credit ("HELOC") offerings, as three mortgage companies collaborate with Figure as white label partners.

Key Points: 
  • That June total was theeighth consecutive record month for Figure's HELOCs and represents a nearly300percent increase over the past year.
  • Figure'sfixed-rate HELOC is designed to help these homeowners access that value quickly and simply through an end-to-end digital platform.
  • Consumers wantan affordable way to borrow at a time when interest rates are creeping up, and a HELOC issignificantly less expensive when compared to other products.
  • Using Figure's technology, consumers can obtain their HELOC application approval within five minutes with fundingin as little as five days.