Rationalization

Yooma Wellness Reports Results for Q4 and Fiscal 2021, Exceeding Forecasts with Revenue of US$5.3M in Q4 2021

Retrieved on: 
Tuesday, May 17, 2022 - 2:00pm

Lorne Abony, Chairman at Yooma commented We are delighted with the Q4 results, which position Yooma as one of the largest publicly-listed CBD wellness companies outside of North America.

Key Points: 
  • Lorne Abony, Chairman at Yooma commented We are delighted with the Q4 results, which position Yooma as one of the largest publicly-listed CBD wellness companies outside of North America.
  • They also make it difficult to move to other regulated stock exchanges and raise the much-needed growth capital to support our brands.
  • The Company will make a further announcement in due course regarding the results of its strategic review.
  • Vitality CBD products continue to achieve premium rankings on Amazon UK for CBD search results and significant revenue growth.

DGAP-News: Eleving Group S.A.: Eleving Group (former Mogo Finance) reports unaudited results for the three months ended 31 March 2022

Retrieved on: 
Friday, May 13, 2022 - 7:04pm

Vehicle and Consumer Financing Portfolio has reached EUR 259.9 mlna record-high for the company and a 41.6% increase compared to Q1 2021.

Key Points: 
  • Vehicle and Consumer Financing Portfolio has reached EUR 259.9 mlna record-high for the company and a 41.6% increase compared to Q1 2021.
  • Modestas Sudnius, CEO of Eleving Group, commented: In the first quarter of 2022, Eleving Group has been successful both operationally and financially.
  • During the first quarter of 2022, we continued to demonstrate strong results across our markets and business lines.
  • The full unaudited report for the three months ended 31 March 2022 is available under: https://eleving.com/investors/
    A conference call in English with the Group's management team to discuss the results is scheduled for 17 May2022 at 15:00 CET.

Xebec Announces Q1 2022 Financial Results

Retrieved on: 
Thursday, May 12, 2022 - 12:00pm

As of April 2022, the number of outstanding quotes in Q1 2022 are approximately double the number from the same period last year.

Key Points: 
  • As of April 2022, the number of outstanding quotes in Q1 2022 are approximately double the number from the same period last year.
  • Q1 2022 saw a Gas-as-a-Service hydrogen generation project with Messer Group in the Czech Republic commissioned for two end users.
  • The Support segment, now being rebranded under XBC Flow Services, delivered solid results in Q1 2022 but felt the impacts of supply chain constraints, increased logistics costs and continued COVID-19 restrictions.
  • This press release refers to financial measures that are not recognized under International Financial Reporting Standard (IFRS).

LOGIX Fiber Networks Announces $100 Million Capital Commitment for 5G Growth Initiatives and Network Evolution Throughout Texas

Retrieved on: 
Thursday, May 12, 2022 - 1:00pm

LOGIX Fiber Networks (LOGIX), the largest independent fiber provider in Texas, has secured $100 million in capital commitments from its partners Astra Capital Management (Astra) and funds managed by OConnor Capital Solutions, the private credit unit of UBS OConnor LLC, to fund key customer-driven growth initiatives, support an accelerated network evolution plan and refinance a portion of its senior debt.

Key Points: 
  • LOGIX Fiber Networks (LOGIX), the largest independent fiber provider in Texas, has secured $100 million in capital commitments from its partners Astra Capital Management (Astra) and funds managed by OConnor Capital Solutions, the private credit unit of UBS OConnor LLC, to fund key customer-driven growth initiatives, support an accelerated network evolution plan and refinance a portion of its senior debt.
  • LOGIX has a long history of delivering an enterprise-grade fiber network and comprehensive connectivity solutions with speed, reliability, and performance.
  • Craig Collins, LOGIXs Chief Executive Officer, said, We are excited about the growth platform weve created and look forward to this new phase in our evolution.
  • LOGIX Fiber Networks is the largest independent fiber network provider in Texas, providing highly secure fiber-based data, voice services, and data center access to over 8,000 enterprise and carrier customers and connecting nearly 100 data centers across Texas.

Universal Logistics Holdings Reports First Quarter 2022 All-Time Record Quarterly Results; Declares Dividend

Retrieved on: 
Thursday, May 5, 2022 - 9:15pm

First Quarter 2022 Operating Revenues: $523.9 million, 26.2% increase

Key Points: 
  • First Quarter 2022 Operating Revenues: $523.9 million, 26.2% increase
    First Quarter 2022 Operating Income: $57.8 million, 11.0% operating margin
    First Quarter 2022 Earnings Per Share: $1.56 per share, 95.0% increase
    WARREN, Mich., May 5, 2022 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) today reported consolidated first quarter 2022 net income of $42.0 million, or $1.56 per basic and diluted share, on total operating revenues of $523.9 million.
  • Universal's first quarter 2022 financial results represent record all-time highs for total operating revenues, operating income and earnings per share.
  • First Quarter 2022 Operating Revenues: $201.6 million, 30.1% increase
    First Quarter 2022 Operating Income: $23.5 million, 11.6% operating margin
    In the contract logistics segment, which includes our value-added and dedicated services, first quarter 2022 operating revenues increased 30.1% to $201.6 million, compared to $154.9 million for the same period last year.
  • First Quarter 2022 Operating Revenues: $97.5 million, 2.7% increase
    First Quarter 2022 Operating Income: $7.4 million, 7.6% operating margin
    In the trucking segment first quarter 2022 operating revenues increased 2.7% to $97.5 million, compared to $94.9 million for the same period last year.

Newell Brands Announces Chief Financial Officer Chris Peterson Named President & CFO

Retrieved on: 
Thursday, May 5, 2022 - 1:00pm

Newell Brands Inc. (NASDAQ: NWL) announced today that Chris Peterson, Chief Financial Officer & President, Business Operations, has been named President & Chief Financial Officer, effective immediately.

Key Points: 
  • Newell Brands Inc. (NASDAQ: NWL) announced today that Chris Peterson, Chief Financial Officer & President, Business Operations, has been named President & Chief Financial Officer, effective immediately.
  • I am very pleased to announce that Chris Peterson has been appointed President & Chief Financial Officer of Newell Brands and congratulate him on this well-deserved recognition.
  • Chris has been an excellent partner to the Business Unit CEOs and me in the turnaround journey as we create a new Newell that drives sustainable, profitable growth, Newell Brands CEO Ravi Saligram stated.
  • Prior to joining Newell Brands, Peterson held key senior executive roles at Procter & Gamble, Ralph Lauren and Revlon Inc. where he was Chief Operating Officer, Operations and Chief Financial Officer.

FLEX REPORTS FOURTH QUARTER AND FISCAL 2022 RESULTS

Retrieved on: 
Wednesday, May 4, 2022 - 9:04pm

Since we find these measures to be useful, we believe that investors benefit from seeing results "through the eyes" of management in addition to seeing GAAP results.

Key Points: 
  • Since we find these measures to be useful, we believe that investors benefit from seeing results "through the eyes" of management in addition to seeing GAAP results.
  • During the fourth quarter of fiscal year 2022 and first quarter of fiscal year 2021, the Company accrued for certain loss contingencies where losses are considered probable and estimable.
  • In addition, during the fourth quarter of fiscal year 2022, the Company recorded an approximately $13 million gain upon successful settlement of certain supplier claims.
  • (2) Beginning in the second quarter of fiscal year 2022, the Company elected to include operating income as a subtotal in the condensed consolidated statements of operations.

Pivot Point Consulting Issues "Q2 2022 Healthcare IT Trends Report" With 6 Key Insights and Implications for IT Leaders

Retrieved on: 
Wednesday, May 4, 2022 - 3:44pm

- The Trusted Exchange Framework and Common Agreement(TEFCA) will usher in a new era of healthcare data and IT interoperability.

Key Points: 
  • - The Trusted Exchange Framework and Common Agreement(TEFCA) will usher in a new era of healthcare data and IT interoperability.
  • NASHVILLE, Tenn., May 4, 2022 /PRNewswire/ -- Pivot Point Consulting, a Vaco Company, and 2022 #2 Best in KLAS: Overall IT Services Firm,today released its second quarter Healthcare IT Directions Report, underscoring six trends certain to drive health IT decision-making in 2022.
  • For Q2 2022, top-of-mind trends include the myth of The Great Resignation to the importance of TEFCA and ERP.
  • Pivot Point Consulting's Q2 2022 Healthcare IT Directions Report provides insights and recommendations to help leaders frame strategies, drive innovation and operate efficiently in an unpredictable, rapidly evolving environment.

IT Leaders Must Shift to a Collaborative Approach in 2022, New Applications Priorities Report by Info-Tech Research Group Explains

Retrieved on: 
Tuesday, May 3, 2022 - 2:00pm

TORONTO, May 3, 2022 /PRNewswire/ - Info-Tech Research Group has published its annual report on the critical priorities applications leaders must consider moving forward.

Key Points: 
  • TORONTO, May 3, 2022 /PRNewswire/ - Info-Tech Research Group has published its annual report on the critical priorities applications leaders must consider moving forward.
  • The Applications Priorities 2022 report combines insights from Info-Tech's proprietary data and other related industry diagnostics that the research firm conducts with its members throughout the year.
  • The Applications Priorities 2022 report investigates important IT trends and the priorities that stem from them so that applications leaders can focus on more strategic activities."
  • Info-Tech Research Group is one of the world's leading information technology research and advisory firms, proudly serving over 30,000 IT professionals.

Shopping highs for moody lows - New study looks at the impact of using shopping to deal with negative emotions

Retrieved on: 
Sunday, May 1, 2022 - 8:00am

MONTREAL, May 1, 2022 /PRNewswire-PRWeb/ -- Josephine Bonaparte was reported to be a notorious spender, once purchasing 900 dresses in the span of a year. From a psychological standpoint, there are several plausible theories to the explain her extravagant spending style. Her relatively humble beginnings, her harrowing time in prison, Napoleon's frequent absences and his family's blatant dislike of her, just to name a few. One theory is as good as the next, but what is clear is that spending money in order to find happiness is a short-term solution at best. Moreover, recent research from PsychTests.com indicates that using shopping to allay bouts of sadness can actually lead to even more troubles.

Key Points: 
  • Moreover, recent research from PsychTests.com indicates that using shopping to allay bouts of sadness can actually lead to even more troubles.
  • Compared to people who don't use shopping as a source of comfort ("Balanced Shoppers"), the differences in thinking style and spending habits were staggering.
  • > 57% spend more on non-essentials (clothes, accessories, gadgets) than essentials (bills, food, rent) (compared to 12% of Balanced Shoppers).
  • > 17% indicated that they can't afford food, housing, or healthcare because of their shopping habits (compared to 2% of Balanced Shoppers).