Marks

NAPCO Reports Record Revenues, Net Income and Adjusted EBITDA for Q1 of Fiscal 2024

Retrieved on: 
Monday, November 6, 2023
Adjustment, Audit committee, Research, NAPCO, Prima, NSSC, Committee, EBITDA, Chewy (company), Radio, Marks, Growth, LLP, Webcast, Napco Security Technologies, Investment, Operation Active Endeavour, Communication, Letter, Mobile phone, Renting, Video game, Bookkeeping, Cryptocurrency, Accounting, Music

Adjusted EBITDA* for the quarter increased 174% to a first quarter record $12.9 million as compared to $4.7 million for the same period a year ago.

Key Points: 
  • Adjusted EBITDA* for the quarter increased 174% to a first quarter record $12.9 million as compared to $4.7 million for the same period a year ago.
  • Our net income of $10.5 million is the largest Q1 net income in the Company's history.
  • Adjusted EBITDA* of $12.9 million was also a Q1 record and our Adjusted EBITDA* margin for the quarter was 31% of our net sales.
  • Our net income margin and Adjusted EBITDA* margin of 25% and 31%, respectively, indicates the financial strength of our business.

ArcStone Securities and Investments Corp. Announces Strategic Investment in Issuance, Boosting its Equity Crowdfunding Division

Retrieved on: 
Tuesday, October 17, 2023
Partnership, Investment, Marks, Software as a service, Carbon, Artificial intelligence, Tata Investment Corp, Reg, Asset management, Financial services

Issuance stands out as a leading investment platform in the equity crowdfunding space, providing issuers with the fastest checkout for securities industry wide and at lower costs than its competitors.

Key Points: 
  • Issuance stands out as a leading investment platform in the equity crowdfunding space, providing issuers with the fastest checkout for securities industry wide and at lower costs than its competitors.
  • Founded in 2018, Issuance offers leading SaaS products for Reg CF, Reg D, and Reg A financings.
  • Strategic investments, like the investment in Issuance, are symbolic of our broader vision.
  • ArcStone will continue to aggressively pursue strategic investments and partnerships to generate client solutions globally seeking expert advice and financing solutions to build their business.

Symetri Appoints Influential Industry Trailblazer Amy Marks as Executive Vice President of Global Strategy

Retrieved on: 
Wednesday, September 13, 2023
Urbanization, Executive, University, EAM, Health, Enterprise asset management, BIM, Intelligence, Marks, Building information modeling, Internet, Machine learning, Engineering, Harvard Business School, VDC, Architecture, AEC, Global strategy, Social media, Management, Autodesk

NASHUA, N.H., Sept. 13, 2023 /PRNewswire/ -- Symetri (formerly Microdesk), part of Addnode Group, and a leading worldwide provider of technology and consultancy services, announced the appointment of Amy Marks to the newly created position of Executive Vice President of Global Strategy. Marks' extensive industry experience and innovative prowess will add fuel to the recently rebranded company's momentum in delivering digital transformation and cutting-edge services and solutions to the architecture, engineering, construction (AEC), and manufacturing industries.

Key Points: 
  • NASHUA, N.H., Sept. 13, 2023 /PRNewswire/ -- Symetri (formerly Microdesk), part of Addnode Group, and a leading worldwide provider of technology and consultancy services, announced the appointment of Amy Marks to the newly created position of Executive Vice President of Global Strategy.
  • "Amy's infectious enthusiasm and dedication to championing change and innovative methods are just the energy and expertise we need to move our global strategy forward.
  • She was most recently Vice President, Enterprise Transformation Practice at Autodesk, where she oversaw strategy on business outcomes, platform solutions, and consulting for customers incorporating transformational methodologies.
  • Microdesk rebranded as Symetri in June 2023 after it was acquired in 2022 by Symetri, a leading Autodesk Platinum Partner in Europe.

NAPCO Reports Record Revenues, Net Income and Adjusted EBITDA for Q4 and Fiscal 2023

Retrieved on: 
Tuesday, August 29, 2023
Communication, University, Napco Security Technologies, Calendar, Form 10-K, Incidents, University of Arizona, NAPCO, School, EBITDA, Marks, NSSC, Investment, Operation Active Endeavour, Radio, Webcast, Growth, Research, Adjustment, Tobacco, Video game, Security (finance), Bookkeeping, Cryptocurrency, Holding company, Pharmaceutical industry, Q3

AMITYVILLE, N.Y., Aug. 29, 2023 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading manufacturers and designers of high-tech electronic security equipment, wireless communication devices for intrusion and fire alarm systems and the related recurring service revenues as well as a leading provider of school safety solutions, today announced financial results for its fourth quarter and fiscal year ended June 30, 2023.

Key Points: 
  • Net sales for the fiscal year increased 18% to a record $170 million as compared to $143.6 million last year.
  • Net income for the year increased 38% to a record $27.1 million as compared to $19.6 million  last year.
  • Adjusted EBITDA for  the fiscal year increased 52% to a record $34.3 million as compared to $22.6 million for the same period last year.
  • Adjusted EBITDA* for Q4 was also an all-time quarterly record of $13.0 million and our Adjusted EBITDA* margin for the quarter was 29%.

Blue Cross and Blue Shield of Minnesota adding Mental Health Peer Support Specialist Coverage to Commercial Plans in 2024

Retrieved on: 
Tuesday, June 20, 2023
Substance Abuse, Human services, Parent, Minnesota Department of Veterans Affairs, HMO, DHS, Blue Cross, Substance Abuse and Mental Health Services Administration, Biden administration COVID-19 action plan, Blue Shield, Marks, Child, National Model Railroad Association, Federation, Mental health, Family, SAMHSA, Health insurance, Nursing

EAGAN, Minn., June 20, 2023 /PRNewswire/ -- Blue Cross and Blue Shield of Minnesota (Blue Cross) today announced that access to peer support specialists – trained individuals with lived experiences who provide support, encouragement and connections to resources for others facing recovery and mental health challenges – will be a covered benefit starting next year for members enrolled in fully-insured commercial plans.

Key Points: 
  • All peer support specialists covered by Blue Cross will be credentialed according to the new national certification model standards.
  • Blue Plus, the HMO arm of Blue Cross, has been administering a peer support specialist benefit since it first became available in 2009 for members enrolled in health programs offered by the Minnesota Department of Human Services (DHS) Minnesota.
  • In 2022, Blue Cross began discussions with DHS on best practices to develop similar coverage for Blue Plus members enrolled in commercial Individual and Family plans as well as Blue Cross members with coverage through fully insured employer-based plans.
  • Self-insured commercial groups will have the option to add peer specialist support coverage to the health plan benefit design starting with the 2024 plan year.

NAPCO Announces Third Quarter Fiscal 2023 Results and Initiation of a Quarterly Dividend Program

Retrieved on: 
Monday, May 8, 2023
Communication, University, Absorption, Continental, Interest, NAPCO, School, EBITDA, Marks, NSSC, Investment, Operation Active Endeavour, Growth, Research, Adjustment, Starlink, Video game, Bookkeeping, Cryptocurrency, Holding company, Tobacco, Q3, Q2, Record

AMITYVILLE, N.Y., May 8, 2023 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading manufacturers and designers of high-tech electronic security equipment, wireless communication devices for intrusion and fire alarm systems and the related recurring service revenues as well as a leading provider of school safety solutions, today announced financial results for its third quarter of fiscal 2023 and the initiation of a quarterly cash dividend program.

Key Points: 
  • Adjusted EBITDA* for the quarter was a quarterly record $12.7 million as compared to $5.7 million for the same period a year ago, a 123% increase.
  • Adjusted EBITDA per share (diluted)* for the quarter was $0.34 as compared to $0.15 for the same period a year ago, a 127% increase.
  • The Company announced the initiation of a quarterly dividend program with the first dividend of $0.0625 per share to be paid on June 12, 2023 to shareholders of Record on May 22, 2023.
  • The Company also announced the initiation of a quarterly dividend program with the first dividend of $.0625 per share payable on June 12, 2023 to stockholders of record on May 22, 2023.

Co-founder of Generative AI Company Persado to Speak at eTail UK

Retrieved on: 
Tuesday, April 18, 2023
Online Retail, Retail, Fashion, Online, Shop, Motivation, Synthetic media, Language, Area studies, Expo, Marks, Machine learning, Customer data, Teal, Generative, Marks & Spencer, New York Innovative Theatre Awards, Growth, AI, Medical device, Tutoring

Persado Co-founder and Chief Operating Officer, Assaf Baciu, will speak at the popular eTail UK conference for ecommerce professionals.

Key Points: 
  • Persado Co-founder and Chief Operating Officer, Assaf Baciu, will speak at the popular eTail UK conference for ecommerce professionals.
  • Assaf drives the advancements of the Persado Motivation AI platform, which leverages a knowledge base grounded in 800,000 in-market language experiments, specialised Generative AI, and machine learning, to deliver language that motivates individuals to engage and act.
  • Assaf and a team of AI language generation experts will be available at Stand A19 to discuss and demo market-leading Motivation AI technology .
  • Attendees can discuss the way many large retail and ecommerce brands rely on specialised Generative AI to determine the language that outperforms initial messages 96% of the time.

Dr. Peter Marks of FDA to Keynote 2023 Bio Innovation Conference Hosted by Maryland Life Sciences

Retrieved on: 
Monday, April 17, 2023
Stem Cells, Biotechnology, Technology, FDA, Health, Pharmaceutical, Oncology, Other Science, Other Technology, Genetics, Science, Vaccine, Molecular biology, Wuhan Institute of Biological Products, Yale University, Internal medicine, CBER, Physician, Brigham and Women's Hospital, Center for Biologics Evaluation and Research, Convention center, Medicine, Food and Drug Administration, Marks, National academy, National Academy of Medicine, Patient, Blood, Hospital, American College, Conference, Food, Safety, Pharmaceutical industry, Medical device, Nursing, Hematology, New York University, Research

Maryland Life Sciences, a division of the Maryland Tech Council, is pleased to announce that Peter Marks, Ph.D., Director of the Center for Biologics Evaluation and Research (CBER) at the Food and Drug Administration (FDA), will serve as keynote speaker at the 2023 Bio Innovation Conference on Monday, October 30, 2023 at the Bethesda North Marriot and Conference Center.

Key Points: 
  • Maryland Life Sciences, a division of the Maryland Tech Council, is pleased to announce that Peter Marks, Ph.D., Director of the Center for Biologics Evaluation and Research (CBER) at the Food and Drug Administration (FDA), will serve as keynote speaker at the 2023 Bio Innovation Conference on Monday, October 30, 2023 at the Bethesda North Marriot and Conference Center.
  • He joined the FDA in 2012 as Deputy Center Director for CBER and became Center Director in 2016.
  • Dr. Marks received his graduate degree in cell and molecular biology and his medical degree at New York University.
  • Dr. Marks is board certified in internal medicine, hematology and medical oncology, and is a Fellow of the American College of Physicians.

Olberding Brand Family Retools Leadership Team Towards Expansion

Retrieved on: 
Friday, March 31, 2023
Other Retail, Professional Services, Food, Beverage, Other Communications, Cosmetics, Retail, Packaging, Other Professional Services, Marketing, Advertising, Communications, Consulting, Manufacturing, Carriage, Senior, Acosta Sales & Marketing, CPG, Procter, CMO, SGS, The Hershey Company, Organization, Marks, Kao Corporation, Procter & Gamble, Trust, OBF, Global strategy, Management, Phototype

Olberding Brand Family (OBF), a Cincinnati-based fourth-generation, family-owned company with offices throughout the U.S. and in the U.K, announces significant leadership changes, capabilities expansion as well as adding headcount to meet the demands of ever-changing consumer brand engagement.

Key Points: 
  • Olberding Brand Family (OBF), a Cincinnati-based fourth-generation, family-owned company with offices throughout the U.S. and in the U.K, announces significant leadership changes, capabilities expansion as well as adding headcount to meet the demands of ever-changing consumer brand engagement.
  • The three organizations, Coach House, Amplify and Phototype comprise Olberding Brand Family, work in harmony when leveraged together.
  • The Olberding Brand Family holistically partners with CPG companies through the entire brand activation lifecycle, from the physical store shelf to the digital shelf.
  • And bringing Elle Morris on board adds muscle to our already impressive senior leadership team,” said Grau.

Deloitte Global announces new Board Chair

Retrieved on: 
Wednesday, February 22, 2023
Neuro, Royal Hospital, EU–UK Partnership Council, Audit committee, Marks, Culture, Learning, Trustee, Royal Hospital for Neuro-disability, Environment, Brain, Accounting

LONDON, Feb. 22, 2023 /PRNewswire/ -- Today, Deloitte Global announced the nomination of Anna Marks as the designated incoming Chair of the Deloitte Global Board of Directors, effective 1 June 2023, subject to final confirmation by the Deloitte Global Board of Directors. Marks is expected to succeed Sharon Thorne, who completes her four year-term on 31 May 2023.

Key Points: 
  • LONDON, Feb. 22, 2023 /PRNewswire/ -- Today, Deloitte Global announced the nomination of Anna Marks as the designated incoming Chair of the Deloitte Global Board of Directors, effective 1 June 2023, subject to final confirmation by the Deloitte Global Board of Directors.
  • "As Global Chair, my vision is to lead a high-performing, purpose-led board, building on the exceptional work of the past four years to govern in a collaborative, anticipatory, and impactful way and driving even greater cohesiveness throughout our global organization," says Anna Marks, Deloitte Global Chair Designate.
  • Marks currently serves as a member of the Deloitte Global Board, sits on the Deloitte North & South Europe Board, and is a Deloitte UK Vice Chair.
  • "The role of governance is vital to a high-performing organization, and I am confident Anna's experience and leadership attributes position her well to successfully step into the Global Board Chair role," says Joe Ucuzoglu, Deloitte Global CEO.