Bancolombia

Knight Therapeutics Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023
DLBCL, Research, MOH, ANVISA, Bank, Lenalidomide, FGFR2, S&M, Thrombocytopenia, LATAM, Health maintenance organization, Fostamatinib, EBITDA, G&A, News, R, ASCT, Hallmark-Sonali Bank Loan Scam, Growth, IAS, Marketing, ITP, USD, Investment, Patient, GBT, Lymphoma, Financial adviser, Pharmaceutical industry, Fine chemical, Bookkeeping, Cryptocurrency, Knight, Novartis, Bancolombia

Gross margin: For the quarter ended September 30, 2023, gross margin, as a percentage of revenues, was 49% compared to 42% in Q3-22.

Key Points: 
  • Gross margin: For the quarter ended September 30, 2023, gross margin, as a percentage of revenues, was 49% compared to 42% in Q3-22.
  • Selling and marketing (“S&M”): For the quarter ended September 30, 2023, S&M expenses were $11,924, a decrease of $1,532 or 11%, compared to the same period in prior year.
  • General and administrative (“G&A”): For the quarter ended September 30, 2023, G&A expenses were $11,080, an increase of $664 or 6%, compared to the same period in prior year.
  • For the quarter ended September 30, 2023, interest income was $3,055, an increase of $593 or 24%, compared to the same period in prior year.

Patria Reports Third Quarter 2023 Earnings Results

Retrieved on: 
Tuesday, November 7, 2023
AUM, Shareholder, Growth, FRE, Cryptocurrency, Bancolombia

GRAND CAYMAN, Cayman Islands, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the third quarter ended September 30, 2023.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the third quarter ended September 30, 2023.
  • The full detailed presentation of Patria's third quarter 2023 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/ .
  • Our Distributable Earnings for 3Q23 were 23 cents per share, driven by Fee Related Earnings of $36 million which is up 14% from the same quarter last year.
  • Patria will host its third quarter 2023 earnings conference call via public webcast on November 7, 2023 at 9:30 a.m.

Bancolombia and TerraPay sign contract to strengthen cross-border remittances across Colombia

Retrieved on: 
Sunday, October 8, 2023
Food, Health, Business, USD, Travel, Movement, Growth, Sustenance, Drug, Airline, Bancolombia

MEDELLÍN, Colombia, Oct. 8, 2023 /PRNewswire/ -- TerraPay, a leading global payments network and Bancolombia, Colombia's largest player of remittances announced the signing of their contract.

Key Points: 
  • MEDELLÍN, Colombia, Oct. 8, 2023 /PRNewswire/ -- TerraPay, a leading global payments network and Bancolombia, Colombia's largest player of remittances announced the signing of their contract.
  • "It is not a minor figure: thanks to these agreements, Bancolombia is positioned as the largest payer of remittances in Colombia.
  • This new agreement with TerraPay will multiply these flows, especially with an ally capable of innovating with its solutions and infrastructure," says Cristina Arrastía, Vice President of Business at Bancolombia.
  • Paula Andrea Valle, Director - South America, TerraPay said, "The agreement between the two companies is extremely important.

Bancolombia and TerraPay sign contract to strengthen cross-border remittances across Colombia

Retrieved on: 
Sunday, October 8, 2023
Food, Health, Business, USD, Travel, Movement, Growth, Sustenance, Drug, Airline, Bancolombia

MEDELLÍN, Colombia, Oct. 8, 2023 /PRNewswire/ -- TerraPay, a leading global payments network and Bancolombia, Colombia's largest player of remittances announced the signing of their contract.

Key Points: 
  • MEDELLÍN, Colombia, Oct. 8, 2023 /PRNewswire/ -- TerraPay, a leading global payments network and Bancolombia, Colombia's largest player of remittances announced the signing of their contract.
  • "It is not a minor figure: thanks to these agreements, Bancolombia is positioned as the largest payer of remittances in Colombia.
  • This new agreement with TerraPay will multiply these flows, especially with an ally capable of innovating with its solutions and infrastructure," says Cristina Arrastía, Vice President of Business at Bancolombia.
  • Paula Andrea Valle, Director - South America, TerraPay said, "The agreement between the two companies is extremely important.

Marstone and Jack Henry Collaboration Combines Seamless Access to Digital Wealth and Digital Banking

Retrieved on: 
Tuesday, September 26, 2023
Software, Technology, Banking, Professional Services, JKHY, Oak Ridge, Partnership, SSO, History, Investment, Equity Bank, Ecosystem, Bank, Pan American Bank, Cryptocurrency, Bancolombia, Amer Shomali, Edgar L. Marston

Marstone, Inc. , a leading digital wealth technology firm, today announced its collaboration with Jack Henry™ (Nasdaq: JKHY).

Key Points: 
  • Marstone, Inc. , a leading digital wealth technology firm, today announced its collaboration with Jack Henry™ (Nasdaq: JKHY).
  • The partnership allows bank customers who use Jack Henry’s Banno™ digital banking platform to also access Marstone’s digital wealth platform via a single sign-on (SSO).
  • Marstone leveraged the Banno Digital Toolkit™, the same set of APIs the Banno Digital Platform™ is built on, to embed its technology into the digital experiences offered by community and regional financial institutions.
  • Access to Jack Henry’s API, design and authenticated frameworks has enabled Marstone to directly integrate into the digital banking platform, providing a seamless banking experience.

Knight Therapeutics Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 10, 2023
Lymphoma, Hallmark-Sonali Bank Loan Scam, ANVISA, Marketing, Toronto Stock Exchange, Tafasitamab, DLBCL, Dasatinib, MOH, Lenalidomide, CMED, ITP, Income tax, G&A, Carfilzomib, Health maintenance organization, Ministry, EBITDA, ASCT, Investment, Patient, Ministry of Health (Turkey), Growth, R, IAS, Bank, Research, S&M, Thrombocytopenia, News, Financial adviser, Renewable energy, Pharmaceutical industry, Rare-earth element, Life insurance, Bookkeeping, Cryptocurrency, Health, Bancolombia, Knight, Novartis

Gross margin: For the quarter ended June 30, 2023, gross margin, as a percentage of revenues, was 42% in Q2-23 and 51% Q2-22.

Key Points: 
  • Gross margin: For the quarter ended June 30, 2023, gross margin, as a percentage of revenues, was 42% in Q2-23 and 51% Q2-22.
  • Under the terms of the 2023 NCIB, Knight may purchase for cancellation up to 5,999,524 common shares of the Company which represented 10% of its public float as at June 30, 2023.
  • The increase in the financial outlook is primarily due to an improvement in LATAM currencies against the Canadian dollar in the second quarter of 2023.
  • Knight will host a conference call and audio webcast to discuss its second quarter ended June 30, 2023, today at 8:30 am ET.

Patria Reports Second Quarter 2023 Earnings Results

Retrieved on: 
Thursday, August 3, 2023
FRE, Shareholder, Partnership, AUM, Cryptocurrency, Bancolombia

GRAND CAYMAN, Cayman Islands, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the second quarter ended June 30, 2023.

Key Points: 
  • GRAND CAYMAN, Cayman Islands, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Patria (Nasdaq:PAX) reported today its unaudited results for the second quarter ended June 30, 2023.
  • The full detailed presentation of Patria's second quarter 2023 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/ .
  • Alex Saigh, Patria’s CEO, said: “Patria’s second quarter results reflect continued solid financial performance, as we delivered Distributable Earnings of 30 cents per share, driven by steady and growing Fee Related Earnings and again a contribution from Performance Fees.
  • Patria will host its second quarter 2023 earnings conference call via public webcast on August 3, 2023 at 9:30 a.m.

Patria Investments Announces Partnership with Bancolombia to Continue Latin American Expansion

Retrieved on: 
Wednesday, July 5, 2023
Fee, Partnership, Investment, JV, Growth, Cryptocurrency, Bancolombia

The partnership will leverage Patria’s extensive private markets expertise in Latin America with Bancolombia’s well-established distribution capabilities to further expand access to alternative investment products in Colombia.

Key Points: 
  • The partnership will leverage Patria’s extensive private markets expertise in Latin America with Bancolombia’s well-established distribution capabilities to further expand access to alternative investment products in Colombia.
  • While specific financial details of the transaction are not being disclosed, the joint venture will be structured with 51% ownership by Patria and 49% by Bancolombia, with approximately $1 billion of Fee Earning AUM at inception.
  • The transaction is expected to close during Q3 2023, and expected to be accretive to Patria’s Fee Related Earnings and Distributable Earnings from day one.
  • Patria’s management team will be available to discuss the transaction on Patria’s upcoming 2nd quarter 2023 earnings call.

Bancolombia Capital Selects Marstone to Bring Digital Wealth Management Services to Latin American Customer Base as Platform Becomes Multilingual

Retrieved on: 
Wednesday, June 28, 2023
Professional Services, Technology, Finance, Software, Fintech, Banking, Partnership, ETF, BLK, BlackRock, Documentation, UCITS, NYSE, CIB, Cryptocurrency, Bancolombia

To frictionlessly provide this product, Marstone is working with BlackRock, Inc. (BLK), a multinational investment firm based in New York City to provide Bancolombia Capital clients with access to select UCITS strategies.

Key Points: 
  • To frictionlessly provide this product, Marstone is working with BlackRock, Inc. (BLK), a multinational investment firm based in New York City to provide Bancolombia Capital clients with access to select UCITS strategies.
  • To allow for a more seamless customer experience, Marstone’s platform is now multilingual, supporting Bancolombia Capital clients in Spanish as well as English.
  • Our latest partnership with Bancolombia marks the expansion of Marstone’s digital wealth solutions to Latin American customers,” said Margaret J. Hartigan, co-founder and CEO of Marstone.
  • The digital accessibility Marstone provides enables customers to open international accounts online avoiding the difficulty and lag time of manual, paper documentation.

Five9 Earns Frost & Sullivan's 2023 Latin American Competitive Strategy Leadership Award for Enabling Organizations to Optimize Their Workflow with AI-powered CX Solutions

Retrieved on: 
Thursday, June 22, 2023
Insurance, Natural language processing, IVA, Travel, International, Senior, Education, Health, Studio 7, Telecommunications, CCAA, CX, Intelligence, Research, NLP, Government, Organization, SAN, Emotional intelligence, BPO, Augmented reality, BBVA, Growth, Empathy, BFSI, Frost, Automation, Knowledge management, Retail, Sales, Management, LATAM, Bancolombia

SAN ANTONIO, June 22, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the contact center-as-a-service (CCaaS) industry and, based on its findings, recognizes Five9 with the 2023 LATAM Competitive Strategy Leadership Award. Five9 is a well-positioned CCaaS platform provider that excels in the LATAM cloud contact center arena as a market-leading software company with over 21 years of CCaaS experience.

Key Points: 
  • Five9 helps top Latin American (LATAM) organizations engage customers through its powerful intelligent customer experience (CX) platform, effective automation tools, and advanced cloud services.
  • SAN ANTONIO, June 22, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the contact center-as-a-service (CCaaS) industry and, based on its findings, recognizes Five9 with the 2023 LATAM Competitive Strategy Leadership Award.
  • Five9's key focus is to empower organizations and build lasting connections with its customers.
  • The company achieves these goals by delivering a seamless CX and providing the optimal balance between automation and human interaction.