Q4

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Mobileye, BioVie, ADM, and B. Riley and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, March 14, 2024
FRG, GCP, Mobileye, Growth, FY, Risk, COVID-19, Patient, Defendant, News, Q4, Good clinical practice, ADM, Complaint, P.C, Clinical trial, OSI, EyeQ, FDA, Hand, Food, Audit

Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.

Key Points: 
  • Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.
  • Upon trial completion, the Company found significant deviation from protocol and Good Clinical Practice (GCP) violations at 15 sites.
  • As alleged, Defendants’ accounting practices for the segment misrepresented its true financial results and prospects, including its operating profits (“OP”).
  • For more information on the B. Riley class action go to: https://bespc.com/cases/RILY

ADM INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Archer-Daniels-Midland Company Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Wednesday, March 13, 2024
Growth, ADM (company), FY, Defendant, News, Q4, ADM, Complaint, Court, Person

As ADM was aggressively acquiring companies to expand its capabilities in Nutrition, investors were under the impression that the segment was growing rapidly.

Key Points: 
  • As ADM was aggressively acquiring companies to expand its capabilities in Nutrition, investors were under the impression that the segment was growing rapidly.
  • As alleged, Defendants’ accounting practices for the segment misrepresented its true financial results and prospects, including its operating profits (“OP”).
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

EAF 13-DAY DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages GrafTech International (EAF) Investors Who Suffered Substantial Losses to Contact Firm’s Attorneys Before Mar. 25th Deadline in Investor Fraud Lawsuit

Retrieved on: 
Tuesday, March 12, 2024
Disclosure, International, Particulates, Person, Mexican, GrafTech, Q4, EAF

On Feb. 14, 2024, GrafTech released its financial results for 2023, reporting a net loss of $255 million.

Key Points: 
  • On Feb. 14, 2024, GrafTech released its financial results for 2023, reporting a net loss of $255 million.
  • Timothy Flanagan, GrafTech’s interim CEO, cited the temporary suspension of operations in Mexico as one of the reasons why 2023 results fell short of expectations.
  • Instead, the lawsuit alleges the Monterrey facility had for decades chronically contaminated neighboring communities with harmful carcinogenic gasses and particulate matter.
  • Finally, on Aug. 4, 2023, GrafTech reported that it suffered an $8 million net loss during Q2 2023 versus $115 million in net income in Q2 2022.

Archer Daniels Midland (ADM) Faces Securities Class Action After Placing CFO On Leave Amid Accounting Probe and SEC Investigation – Hagens Berman

Retrieved on: 
Tuesday, March 12, 2024
Growth, Nutrition, FY, Archery, Risk, SAN, News, Q4, Person, ADM, Pharmaceutical industry

SAN FRANCISCO, March 12, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Archer Daniels Midland Co. (NYSE: ADM) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, March 12, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Archer Daniels Midland Co. (NYSE: ADM) investors who suffered substantial losses to submit your losses now .
  • Archer Daniels Midland Co. (ADM) Securities Fraud Class Action:
    The litigation focuses on Archer Daniels’ statements about the performance of its Nutrition segment, a business the company poured billions of dollars into to protect against commodity price volatility in its legacy agricultural commodities trading business.
  • Investors began to learn the truth on Jan. 21, 2024, when Archer Daniels announced that it had placed CFO Vikram Luther on leave effective immediately.
  • This news sent the price of Archer Daniels shares crashing as much as $14.46 (or about 21%) lower during intraday trading on Jan. 22, 2024.

Air Industries Group Reports Preliminary Fourth Quarter and Full-Year 2023 Financial Results and Initial 2024 Business Outlook

Retrieved on: 
Monday, April 1, 2024
Defense, Air, Transport, Aerospace, Manufacturing, Other Defense, Internal control, Financial Accounting Standards Board, Investment, Security (finance), Finance, Q4, FY, Cryptocurrency

Backlog, which represents the value of all undelivered funded orders received, stood at $98.3 million as of December 31, 2023, marking a 14.7% increase from 2022.

Key Points: 
  • Backlog, which represents the value of all undelivered funded orders received, stood at $98.3 million as of December 31, 2023, marking a 14.7% increase from 2022.
  • Fiscal 2023 supply chain issues related to one key program have been largely resolved, with ongoing customer deliveries planned throughout fiscal 2024.
  • The Company does not expect that the finalization of these items and the fiscal 2023 audit will have any impact on the preliminary earnings for the fourth quarter and full year of 2023 results announced in this press release.
  • As previously announced, the Company will host a conference call to discuss Q4 and FY 2023 results as well as its 2024 business outlook.

Smartsheet Announces Leadership Changes to Refine and Expand Go-To-Market, Product, and Innovation

Retrieved on: 
Thursday, March 14, 2024
Data Management, Professional Services, Technology, Software, Human Resources, Microsoft, GTM, Growth, ARR, Inc., FY, Q4, IPO, Marketing, Adobe, Multimedia, NetApp, Engineering, Management

View the full release here: https://www.businesswire.com/news/home/20240313635179/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240313635179/en/
    Max Long, President of Go-to-Market at Smartsheet (Photo: Business Wire)
    Smartsheet today announced key changes to its executive leadership team focused on refining and expanding the strategy that underpins its Go-to-Market (GTM) and Product & Innovation efforts.
  • As President, GTM, Long will join the Smartsheet senior leadership team to enable and support the company’s expanding global customer base throughout their entire lifecycle.
  • After many years of engineering and product leadership at Smartsheet, Praerit Garg will assume the new title of President, Product & Innovation.
  • “We wish them both the best.”
    In addition to today’s organizational changes, Smartsheet also announced its Q4 and FY 2024 earnings results.

FiscalNote Announces Sale of Board.Org Community Engagement Platform for up to $103 Million in Total Consideration

Retrieved on: 
Tuesday, March 12, 2024
Software, Technology, Artificial Intelligence, Data Management, Health, Software as a service, FY, Intelligence, FiscalNote, Social media, Policy, LLP, Q4, AI, Earnout, Credit, Adjustment, GAAP, Bank

Board.org was acquired by FiscalNote in 2021 for $10 million in cash and $4.3 million in convertible securities ($14.3 million in total consideration), and operated as an independent product offering of FiscalNote.

Key Points: 
  • Board.org was acquired by FiscalNote in 2021 for $10 million in cash and $4.3 million in convertible securities ($14.3 million in total consideration), and operated as an independent product offering of FiscalNote.
  • “The divestiture of Board.org is a clear illustration of the stark undervaluation of FiscalNote in the public markets.
  • “Over our three-year ownership period, FiscalNote meaningfully grew Board.org, launched new communities, and drove new innovation in community engagement, resulting in market share growth and sustained leadership within its niche market.
  • “In 2023 we reached the inflection point of Adjusted EBITDA profitability, rationalized our product portfolio, and aligned our sales and operations.

The INX Digital Company Reports Q4 2023 and Annual Financial Results

Retrieved on: 
Monday, April 1, 2024
Ethereum, JV, Partnership, Blockchain, RWA, KYC, Head, CBDC, Q4, Community business development corporation, INX, Reserve, Investment, Calendar, Privacy, Cryptocurrency

TORONTO, April 1, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) (the "Company" or "INX"), the owner of INX.One, a security token and digital asset trading platform, a U.S. broker-dealer, an alternative trading system, a transfer agent, and an inter-dealer broker (through its subsidiaries), announced Q4 and annual financial results for 2023.

Key Points: 
  • TORONTO, April 1, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) (the "Company" or "INX"), the owner of INX.One, a security token and digital asset trading platform, a U.S. broker-dealer, an alternative trading system, a transfer agent, and an inter-dealer broker (through its subsidiaries), announced Q4 and annual financial results for 2023.
  • Q4 2023 net revenue of $1.1M, primarily from transaction and brokerage fees, 14 percent lower compared to Q3 2023.
  • Q4 2023 net loss from operations of $4.4M, slightly lower compared to $4.7M in Q3 2023.
  • In Q4 2023, INX listed Republic Note on INX.One for secondary market trading and completed the integration of the Republic Wallet as a new custody solution for clients on INX.

Phoenix Management, a Part of J.S. Held Lending Survey Results Reveal Concern About Upcoming Presidential Election

Retrieved on: 
Thursday, March 28, 2024
Senior, Uncertainty, Forward, Bankruptcy, Q4, Policy, Face, Acquisition, Fed, Management, Real estate

JERICHO, N.Y., March 28, 2024 /PRNewswire-PRWeb/ -- Global consulting firm J.S. Held, proudly celebrating 50 transformative years, reveals the "Lending Climate in America" survey results from Phoenix Management, a part of J.S. Held. The first quarter survey results highlight concern about the outcome of the upcoming Presidential election and increased uncertainty surrounding the retail and construction industries.

Key Points: 
  • Held "Lending Climate in America" first quarter survey results.
  • Held, proudly celebrating 50 transformative years, reveals the "Lending Climate in America" survey results from Phoenix Management, a part of J.S.
  • The first quarter survey results highlight concern about the outcome of the upcoming Presidential election and increased uncertainty surrounding the retail and construction industries.
  • Phoenix's Q1 2024 "Lending Climate in America" survey asked lenders which macroeconomic headwind they were most concerned about heading into 2024.

Mountain Province Diamonds Announces Revised Details for Q4 and Full-Year 2023 Earnings Release and Conference Call

Retrieved on: 
Monday, March 25, 2024
Webcast, TSX, OTC, Q4

TORONTO, March 25, 2024 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVD) today announces revised details for its fourth quarter and full-year 2023 earnings release and conference call.

Key Points: 
  • TORONTO, March 25, 2024 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVD) today announces revised details for its fourth quarter and full-year 2023 earnings release and conference call.
  • The delay in the issuance of fourth quarter and year-end 2023 results is due to the financial audit process not being completed by the planned date.
  • Prior to the conference call, the Company will release Q4 and full-year 2023 financial results on April 1st, 2024 after-market, in line with its statutory reporting deadline.
  • The Company will now host its fourth quarter and full-year 2023 conference call on Tuesday April 2nd, 2024 at 11:00am ET.