NRE

Integer Technologies Contracted to Create Strategic Technology Roadmaps for the Office of Naval Research

Retrieved on: 
Monday, June 5, 2023

Integer Technologies announced today that the Office of Naval Research (ONR) has selected the South Carolina-based engineering firm to create three unique roadmaps—a Naval Power Systems (NPS) Science and Technology (S&T) Roadmap, an Expeditionary Energy (E2) S&T Roadmap, and a Naval Diversity Equity and Inclusion Workforce Development (NDEI-WD) Roadmap.

Key Points: 
  • Integer Technologies announced today that the Office of Naval Research (ONR) has selected the South Carolina-based engineering firm to create three unique roadmaps—a Naval Power Systems (NPS) Science and Technology (S&T) Roadmap, an Expeditionary Energy (E2) S&T Roadmap, and a Naval Diversity Equity and Inclusion Workforce Development (NDEI-WD) Roadmap.
  • The two S&T roadmaps will also address how investments in P&E research can support the Navy’s broader goals and meet the existential challenges that wait on the horizon.
  • These include identifying how technology development can build climate resilience into Navy platforms and how that development can accommodate increasing risks to international supply chains.
  • The Navy, along with other groups in academia and industry, have implemented multiple strategies to increase the diversity of their workforce.

Managing partner of a leading bookkeeping firm partners with Edtech powerhouse to launch mentorship program, 'Bookkeeping Blueprint'

Retrieved on: 
Monday, June 5, 2023

PHOENIX, June 5, 2023 /PRNewswire/ -- Matt Bontrager, managing partner of leading CPA firm 'TrueBooks', partnered with EdTech powerhouse New Reach Education to share his expertise with aspiring bookkeepers and entrepreneurs through 'Bookkeeping Blueprint'. The course is anticipated to launch on June 22, 2023.

Key Points: 
  • PHOENIX, June 5, 2023 /PRNewswire/ -- Matt Bontrager, managing partner of leading CPA firm 'TrueBooks', partnered with EdTech powerhouse New Reach Education to share his expertise with aspiring bookkeepers and entrepreneurs through 'Bookkeeping Blueprint'.
  • Bookkeeping Blueprint is a high value mentorship, the first utilizing A.I.
  • When asked about the upcoming launch of his mentorship program, Bontrager said, "Bookkeeping Blueprint is for everyone!
  • Bookkeeping Blueprint is a high value educational course, mentorship, and community is the first of its kind utilizing A.I.

Alchip Technologies Sets Record Q1 Revenue

Retrieved on: 
Thursday, May 25, 2023

Taipei, Taiwan, May 25, 2023 (GLOBE NEWSWIRE) -- Alchip Technologies has reported record revenue of USD$188 million for the first quarter of its 2023 fiscal year, topping first quarter FY2022 revenue of USD$93.5 million by 101.2 percent, and fourth quarter FY2022 revenue of USD$148.3 million by 26.8 percent.

Key Points: 
  • Taipei, Taiwan, May 25, 2023 (GLOBE NEWSWIRE) -- Alchip Technologies has reported record revenue of USD$188 million for the first quarter of its 2023 fiscal year, topping first quarter FY2022 revenue of USD$93.5 million by 101.2 percent, and fourth quarter FY2022 revenue of USD$148.3 million by 26.8 percent.
  • The record NT$8.09 earnings per share topped fourth quarter FY2022 earnings per share of NT$7.15.
  • Alchip also reported that its North American Region accounted for 63 percent of first quarter FY2023 revenue, with Asia Pacific contributing 25 percent, Japan 5 percent and the rest of the world 7 percent.
  • He also pointed out that NRE revenue accounted for less than 20 percent of first quarter FY2023 total revenue.

ZENVIA Reports Q1 2023 Results

Retrieved on: 
Wednesday, May 17, 2023

SÃO PAULO, May 17, 2023 /PRNewswire/ -- Zenvia Inc. (NASDAQ: ZENV), the leading cloud-based CX platform in Latin America empowering companies to transform their customer journeys, today reported its operational and financial metrics for the first quarter of 2023.

Key Points: 
  • Our SaaS business Net Revenues increased 32.1% YoY to BRL 68.6 million in Q1 2023, of which BRL 59.1 million was recurring-based, compared to BRL 51.9 million in Q1 2022 revenues of which BRL 44.9 million was recurring-based.
  • VIA (B3: VIIA) is the holding company of many of the leading Brazilian retail brands such as Casas Bahia, Ponto Frio and Extra.com.br.
  • Since May 2023, a major Brazilian insurance company has been using Zenvia's solution integrating ChatGPT with the chatbot tool.
  • In February 2023, we launched the integration of its mass texting service solution, Zenvia Attraction with ChatGPT.

Innoviz Reports First-Quarter 2023 Results and Updates 2023 Targets

Retrieved on: 
Wednesday, May 17, 2023

TEL AVIV, Israel, May 17, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the first quarter ended March 31, 2023 and updated 2023 commercial and financial targets.

Key Points: 
  • TEL AVIV, Israel, May 17, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the first quarter ended March 31, 2023 and updated 2023 commercial and financial targets.
  • Potential financial contributions from this program are anticipated to begin this year and played an important role in the decision to update previously communicated 2023 commercial and financial targets.
  • This expected expansion of business with one of our largest customers could achieve that, while also offering a meaningful financial contribution for 2023 and beyond."
  • Innoviz management will hold a web conference today, May 17, 2023, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss commercial and strategic updates, financial results for the first quarter ended March 31, 2023 and 2023 operational and financial targets.

POET Technologies Reports First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 15, 2023

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its audited consolidated financial results for the first quarter ended March 31, 2023.

Key Points: 
  • TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its audited consolidated financial results for the first quarter ended March 31, 2023.
  • The Company’s share of loss is approximately 80.7% of the loss of Super Photonics in the first quarter of 2023, 88.5% in the first quarter of 2022 and 80.7% in the fourth quarter of 2022.
  • Cash flow from operating activities in the first quarter of 2023 was ($4.4) million, compared to ($3.6) million in the first quarter of 2022 and ($2.7) million in the fourth quarter of 2022.
  • These non-IFRS financial performance measures are included because management has used the information to analyze the business performance and financial position of POET.

PLN and Government of East Nusa Tenggara commit to ensuring the success of the ASEAN Summit

Retrieved on: 
Thursday, May 11, 2023

JAKARTA, May 12, 2023 - (ACN Newswire) - PT PLN (Persero) shows its readiness to support the 42nd ASEAN Summit on 9th-11th of May 2023 in Labuan Bajo, East Nusa Tenggara (NTT).

Key Points: 
  • JAKARTA, May 12, 2023 - (ACN Newswire) - PT PLN (Persero) shows its readiness to support the 42nd ASEAN Summit on 9th-11th of May 2023 in Labuan Bajo, East Nusa Tenggara (NTT).
  • for the ASEAN Summit in Labuan Bajo, East Nusa Tenggara.
  • "PLN ensures that the availability of SPKLU is sufficient to meet the needs of electric vehicles during the ASEAN Summit.
  • Let's make the 42nd ASEAN Summit a success, may God always be with us all," said Viktor.

CEVA, Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

ROCKVILLE, Md., May 10, 2023 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity and smart sensing technologies and custom SoC solutions, today announced its financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Total revenue for the first quarter of 2023 was $28.7 million, a 16% decrease compared to $34.4 million reported for the first quarter of 2022.
  • First quarter 2023 licensing, non-recurring engineering (NRE) and related revenue was $20.7 million, a decrease of 7% when compared to $22.4 million reported for the same quarter a year ago.
  • Royalty revenue for the first quarter of 2023 was $8.0 million, a decrease of 33% when compared to $12.0 million reported for the first quarter of 2022.
  • Non-GAAP operating income for the first quarter of 2023 was $0.07 million, as compared to $5.5 million reported for the first quarter of 2022.

KORU Medical Systems, Inc. Announces 2023 First Quarter Financial Results

Retrieved on: 
Thursday, May 4, 2023

The 2023 first quarter gross profits increase was driven by the increase in net revenues of $1.1 million as described above.

Key Points: 
  • The 2023 first quarter gross profits increase was driven by the increase in net revenues of $1.1 million as described above.
  • Total operating expenses for the first quarter of 2023, were $7.2 million, compared to $6.7 million for the same period in 2022.
  • They are limited in value because they exclude charges that have a material effect on KORU Medical's reported results and, therefore, should not be relied upon as the sole financial measures to evaluate the Company's financial results.
  • Non-GAAP financial measures are meant to supplement, and to be viewed in conjunction with, GAAP financial results.

Identiv Reports First Quarter 2023 Business Results

Retrieved on: 
Thursday, May 4, 2023

Revenue for the first quarter 2023 was $26.0 million, an increase of 4% from $25.1 million in the first quarter of 2022.

Key Points: 
  • Revenue for the first quarter 2023 was $26.0 million, an increase of 4% from $25.1 million in the first quarter of 2022.
  • Non-GAAP operating expenses were $10.6 million in the first quarter of 2023, compared to $9.3 million in the prior quarter and $9.0 million in the first quarter of 2022.
  • Non-GAAP adjusted EBITDA in the first quarter of 2023 was ($0.9) million, compared to $1.7 million in the prior quarter and $0.2 million in the first quarter of 2022.
  • Identiv management will hold a conference call today, May 4, 2023, at 5:00 p.m. EDT (2:00 p.m. PDT) to discuss the company’s first quarter 2023 financial results.