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ADC Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Updates

Retrieved on: 
Wednesday, March 13, 2024
AXL, PIN, Neutropenia, Growth, Rituximab, Sarcoma, ALT, NSCLC, ASH, FY, Progression-free survival, Skin infection, Patient, Follicular lymphoma, S&M, Research, EDT, Aes, Periodic breathing, G&A, University, Lung cancer, Insurance, AACR, DLT, Pancreatic cancer, Hyperglycemia, Society, Therapy, Clinical trial, Diffuse large B-cell lymphoma, PFS, CD22, ADC, Data, Fatigue, MD Anderson Cancer Center, FDA, DLBCL, Marketing, PSMA, IDMC, Pharmaceutical industry

LAUSANNE, Switzerland, March 13, 2024 (GLOBE NEWSWIRE) -- ADC Therapeutics SA (NYSE: ADCT) today reported financial results for the fourth quarter and full year ended December 31, 2023, and provided business updates.

Key Points: 
  • “In the fourth quarter we saw results of our strategy in action across a number of key areas.
  • A return to sequential quarter-over-quarter growth in the fourth quarter of 2023 followed the restructuring of the commercial model, with sales volume increasing in both community and academic settings.
  • R&D expenses were $30.3 million for the fourth quarter and $127.1 million for full year 2023, compared to $48.1 million and $186.5 million, respectively, for the fourth quarter and full year 2022.
  • ADC Therapeutics management will host a conference call and live audio webcast to discuss fourth quarter and full year 2023 financial results and provide a company update today at 8:30 a.m. Eastern Time.

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.

INVZ STOCKHOLDERS: Contact Robbins LLP for Information About Your Rights and Remedies Against Innoviz Technologies Ltd.

Retrieved on: 
Sunday, March 31, 2024
Class Action Lawsuit, Professional Services, Legal, FY, Perception, News, LLP, Complaint, Tacit assumption, Person, Cryptocurrency

Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.

Key Points: 
  • Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.
  • For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • The Allegations: Robbins LLP is Investigating the Allegations that Innoviz Technologies Ltd.
  • On March 1, 2023, Innoviz issued a press release announcing the Company’s financial and operational results for its fiscal full year (“FY”) 2022.

Esker 2023 Annual Results

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Payments, Data Management, Business, Security, Technology, Finance, Automation, Central European Time, Software as a service, Growth, ARR, FY, Acceleration, Travel, Policy, Acquisition, Market Dojo, Bank statement, Esker, Publication, Investment, Treasury, Marketing, Pharmaceutical industry

Esker 2023 sales revenue amounted to 178.6 million euros, a 12% increase over 2022 (14% based on constant exchange rates).

Key Points: 
  • Esker 2023 sales revenue amounted to 178.6 million euros, a 12% increase over 2022 (14% based on constant exchange rates).
  • The annual recurring value (ARR) of new contracts signed during 2023 increased by 23% based on constant exchange rates compared to 2022.
  • As announced at publication of the Q3 2023 sales results, the increase in sales costs linked to the acceleration in bookings impacts 2023 operating income for 3.5 million euros, or 1.9% of sales.
  • As anticipated at the time of the half-year and Q3 2023 results, Esker’s operating profitability for 2023 fell by 3.5 points to 10% of sales revenue.

ARCHER-DANIELS-MIDLAND 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Archer-Daniels-Midland Company - ADM

Retrieved on: 
Friday, March 22, 2024
Class Action Lawsuit, Professional Services, Legal, Nutrition, ADM (company), FY, KSF, District court, News, ADM, Special warfare combatant-craft crewmen, Court

This action is pending in the United States District Court for the Northern District of Illinois.

Key Points: 
  • This action is pending in the United States District Court for the Northern District of Illinois.
  • ADM and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.
  • KSF has offices in New York, Delaware, California, Louisiana and New Jersey.

INVZ INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Innoviz Technologies Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Friday, March 22, 2024
Class Action Lawsuit, Professional Services, Legal, Original equipment manufacturer, FY, Volkswagen, Perception, Aptiv, News, Complaint, BMW, Court, Person, Cryptocurrency

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or “the Company”) (NASDAQ: INVZ) and certain of its officers.

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or “the Company”) (NASDAQ: INVZ) and certain of its officers.
  • Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.
  • 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.

KBRA Assigns AAA Rating to Austin Independent School District's Unlimited Tax School Building Bonds, Series 2024 (PSF); Affirms Ratings for Outstanding Debt; Outlook is Stable

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Finance, AISD, FY, Trustee, Sale, Acquisition, KBRA, PSF, AAA, Student, OPEB, AV, Series, State

KBRA assigns a AAA long-term rating with a Stable Outlook to Austin Independent School District’s ("AISD" or "the District") Unlimited Tax School Building Bonds, Series 2024 (PSF), and concurrently affirms the AAA rating and Stable Outlook for the District’s KBRA-rated Unlimited Tax School Bonds (PSF) and Unlimited Tax School Bonds (Non-PSF) outstanding.

Key Points: 
  • KBRA assigns a AAA long-term rating with a Stable Outlook to Austin Independent School District’s ("AISD" or "the District") Unlimited Tax School Building Bonds, Series 2024 (PSF), and concurrently affirms the AAA rating and Stable Outlook for the District’s KBRA-rated Unlimited Tax School Bonds (PSF) and Unlimited Tax School Bonds (Non-PSF) outstanding.
  • KBRA understands that proceeds from the sale of the Series 2024 bonds will be used for the construction and acquisition of school buildings, upgrading technology systems, and for stadium improvements.
  • The rating actions reflect the following key credit considerations:
    Strong financial management policies and an experienced, effective management team.
  • While not expected a trend of decline in the ad valorem tax base may negatively impact the rating.

Innoviz Technologies Ltd. (INVZ) Stockholder Alert: Robbins LLP Reminds Investors of Class Action Filed Against Innoviz Technologies Ltd.

Retrieved on: 
Wednesday, March 20, 2024
Class Action Lawsuit, Professional Services, Legal, FY, Perception, News, LLP, Complaint, Tacit assumption, Person, Cryptocurrency

Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired shares of Innoviz Technologies Ltd. (NASDAQ: INVZ, INVZW) between April 21, 2021 and February 28 2023.

Key Points: 
  • Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired shares of Innoviz Technologies Ltd. (NASDAQ: INVZ, INVZW) between April 21, 2021 and February 28 2023.
  • Innoviz designs and manufactures solid-state light detection and ranging, or “LiDAR”, sensors and develops perception software that purportedly enables the mass production of autonomous vehicles.
  • For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
  • The Allegations: Robbins LLP is Investigating the Allegations that Innoviz Technologies Ltd.

Vanta Named The #1 Most Innovative Security Company in 2024 by Fast Company

Retrieved on: 
Tuesday, March 19, 2024
Software, Technology, Artificial Intelligence, Security, Flo, Automation, RMF, Risk management, Face, ARR, Growth, FY, Omni Hotels & Resorts, Trust, Risk, AI, NIST

Vanta, the leading trust management platform, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024 .

Key Points: 
  • Vanta, the leading trust management platform, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024 .
  • Vanta ranked #1 on its Most Innovative Companies in Security list, as well as #35 on its overall Most Innovative Companies lineup.
  • Over the past year, Vanta has accelerated its market-leading product innovation with the launch of over 260 new products and features, including Vanta AI , Vendor Risk Management , and Vanta Trust Center .
  • To support the continued growth of its AI and security offerings, Vanta recently appointed Jeremy Epling as Chief Product Officer and Jadee Hanson as Chief Information Security Officer.