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J-Long Group Limited Announces First Half 2024 Unaudited Financial Results

Retrieved on:

Monday, March 25, 2024

HONG KONG, March 25, 2024 (GLOBE NEWSWIRE) -- J-Long Group Limited (“JL” or the “Company”) (NASDAQ: JL), JL conducts its primary operations of apparel trims solution services in Hong Kong, today announced its unaudited financial results for the six months ended September 30, 2023.

Key Points:

HONG KONG, March 25, 2024 (GLOBE NEWSWIRE) -- J-Long Group Limited (“JL” or the “Company”) (NASDAQ: JL), JL conducts its primary operations of apparel trims solution services in Hong Kong, today announced its unaudited financial results for the six months ended September 30, 2023.
Net income was approximately US$1.4 million for the six months ended September 30, 2023 (2022: approximately US$3.4 million).
Six Month Financial Results Ended September 30, 2023
Revenue.
Revenue decreased by approximately 34.9% from approximately US$22.4 million for the six months ended September 30, 2022, to approximately US$14.6 million for the six months ended September 30, 2023.

LTRX INVESTOR ALERT: Kirby McInerney LLP Reminds Lantronix, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit

Retrieved on:

Monday, March 25, 2024

EPS, Internet of things, Internet, News, IOT

On February 8, 2024, Lantronix issued a press release announcing its financial results for the second quarter of its fiscal year 2024.

Key Points:

On February 8, 2024, Lantronix issued a press release announcing its financial results for the second quarter of its fiscal year 2024.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation.
Additional information about the firm can be found at Kirby McInerney LLP’s website .
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Digerati Technologies Reports Revenue of $7.56 Million for Second Quarter Fiscal Year 2024

Retrieved on:

Monday, March 25, 2024

Administration, Tax, Conference, Three Months, CFO, EPS, SAN, Support, Nature, Loss, Adjustment, Depreciation, GAAP, Net, Unified communications, OTCQB

SAN ANTONIO, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc. (OTCQB: DTGI) ("Digerati" or the "Company"), a provider of cloud services specializing in Unified Communications as a Service (“UCaas") solutions for the small to medium-sized business (“SMB”) market, announced today financial results for the three and six months ended January 31, 2024, the Company’s second quarter for its Fiscal Year 2024.

Key Points:

Key Financial Highlights for the Three Months Ended January 31, 2024 (Compared to Three Months Ended January 31, 2023)
Revenue decreased 5% to $7.565 million compared to $7.941 million.
Net loss attributable to Digerati’s common shareholders was $3.556 million, compared to net income attributable to Digerati’s common shareholders of $0.220 million.
Six Months ended January 31, 2024, Compared to Six Months ended January 31, 2023
Revenue for the six months ended January 31, 2024, was $15.219 million, a decrease of $0.852 million, or 5%, compared to $16.071 million for the six months ended January 31, 2023.
Operating loss for the six months ended January 31, 2024, was $2.446 million, an increase of $0.481 million or 24%, compared to $1.965 million for the six months ended January 31, 2023.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Lantronix, Inc. of Class Action Lawsuit and Upcoming Deadlines – LTRX

Retrieved on:

Saturday, March 23, 2024

Prior, Intelligence, EPS, Internet of things, District court, Internet, Ext, LLP, Transport, Complaint, City, Person, Pomerantz, Action Replay, Court, IOT

NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) and certain officers.

Key Points:

NEW YORK, March 23, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Lantronix, Inc. (“Lantronix” or the “Company”) (NASDAQ: LTRX) and certain officers.
To discuss this action, contact Danielle Peyton at [email protected] or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext.
Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2023

Retrieved on:

Friday, March 22, 2024

Research, EPS, UTStarcom, Ageing, Earnings per share, Operating cost, Yan, Average cost, Beauty salon

Equipment gross profit for the second half of 2023 was $0.8 million, compared to negative $0.3 million in the corresponding period in 2022.

Key Points:

Equipment gross profit for the second half of 2023 was $0.8 million, compared to negative $0.3 million in the corresponding period in 2022.
Service gross profit for the second half of 2023 was $1.8 million, compared to $1.6 million in the corresponding period in 2022.
Operating loss for the second half of 2023 was $2.8 million, compared to $1.6 million in the corresponding period in 2022.
Net interest income for the second half of 2023 was $1.3 million, compared to $1.3 million in the corresponding period in 2022.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Innodata, Fox Factory, Lantronix, and Palo Alto Networks and Encourages Investors to Contact the Firm

Retrieved on:

Friday, March 22, 2024

Innodata also stopped disclosing its Research and Development spend after the first quarter of 2021.

Key Points:

Innodata also stopped disclosing its Research and Development spend after the first quarter of 2021.
On this news, the price of Innodata common stock declined by $3.74 per share, or approximately 30.5%, on February 15, 2024.
The complaint further alleges that when these misleading statements and omissions about Fox Factory’s business reached the market, investors were harmed significantly.
For more information on the Palo Alto Networks class action go to: https://bespc.com/cases/PANW

Titan Machinery Inc. Announces Results for Fiscal Fourth Quarter and Full Year Ended January 31, 2024

Retrieved on:

Thursday, March 21, 2024

Growth, Forecasting, Segment, EPS, Acquisition, AG, Inventory, Video game

WEST FARGO, N.D., March 21, 2024 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal fourth quarter and full year ended January 31, 2024.

Key Points:

Equipment revenue was $714.0 million for the fourth quarter of fiscal 2024, compared to $471.0 million in the fourth quarter last year.
Parts revenue was $90.8 million for the fourth quarter of fiscal 2024, compared to $72.2 million in the fourth quarter last year.
Gross profit for the fourth quarter of fiscal 2024 was $141.0 million compared to $108.9 million in the fourth quarter last year.
Australia Segment - Revenue for the fourth quarter of fiscal 2024 was $69.8 million, pre-tax income for the fourth quarter of fiscal 2024 was $4.1 million.

Robbins LLP Urges Lantronix, Inc. Stockholders to Contact the Firm Before the Lead Plaintiff Deadline in the LTRX Class Action

Retrieved on:

Thursday, March 21, 2024

EPS, Internet of things, SAN, City, Internet, Complaint, Artificial intelligence, News, LLP, Transport, Tobacco

For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

Key Points:

For more information, submit a form , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
On this news, Lantronix’s stock price fell $1.89 per share, or 32.53%, to close at $3.92 per share on February 9, 2024.
A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation.
If you choose to take no action, you can remain an absent class member.

FactSet Reports Results for Second Quarter 2024

Retrieved on:

Thursday, March 21, 2024

Growth, CFO, EPS, Research, Public expenditure, Table, Eaton Vance, Risk, GAAP, Retirement, Share repurchase, ASV

Buy-side and sell-side organic ASV growth rates for the second quarter of fiscal 2024 were 5.6% and 5.5%, respectively.

Key Points:

Buy-side and sell-side organic ASV growth rates for the second quarter of fiscal 2024 were 5.6% and 5.5%, respectively.
Americas revenues for the quarter increased to $352.6 million compared with $331.1 million in the second quarter of last year.
FactSet is reaffirming its outlook for fiscal 2024, originally provided on December 19, 2024, but anticipates finishing fiscal 2024 at the lower end of the guidance range for Organic ASV plus professional services growth and GAAP revenues.
As previously announced, the Company incurred an approximately $11 million personnel related charge during the second quarter of fiscal 2024 as part of a broader cost optimization program.

Carmell Sharpens Aesthetics Focus with Execution of Definitive Agreement to Sell Axolotl Biologix Subsidiary

Retrieved on:

Wednesday, March 20, 2024

AARP, EPS, Internet, NetSuite, Sale, Acquisition, Quality management system, Aesthetics, Education minister, Skin, Oracle, Security (finance)

In January 2024, Carmell announced the addition of several Key Opinion Leaders in the Aesthetics industry to their Scientific Advisory Board and commenced clinical product testing.

Key Points:

In January 2024, Carmell announced the addition of several Key Opinion Leaders in the Aesthetics industry to their Scientific Advisory Board and commenced clinical product testing.
launch, Carmell plans to launch 9 other skincare products that are in advanced stages of development and slated for launch through Summer 2024.
$15.6 million reduction in debt: $7.6 million of AxoBio subsidiary level debt plus $8 million note payable related to the AxoBio acquisition.
29% reduction in EPS dilution due to the return of 8.09 million CTCX common shares on a fully diluted basis.