RPM

ProSomnus Reports Record Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, March 26, 2024

Generated record revenues of $7.8 million for the fourth quarter and $27.7 million for the fiscal year 2023, a 35% increase compared to $5.8 million for the fourth quarter 2022 and 43% increase compared to $19.4 million for fiscal year 2022.

Key Points: 
  • Generated record revenues of $7.8 million for the fourth quarter and $27.7 million for the fiscal year 2023, a 35% increase compared to $5.8 million for the fourth quarter 2022 and 43% increase compared to $19.4 million for fiscal year 2022.
  • I am proud of the 2023 results, and I look forward to building upon this momentum during 2024.”
    Financial Results for the Fourth Quarter and Year Ended December 31, 2023
    Revenues increased to $7.8 million for the fourth quarter ended December 31, 2023.
  • Fourth quarter 2023 sales and marketing expense reflects a modest increase compared to the quarter ended September 2023, and an increase of $1.0 million, or 40%, compared to the quarter ended December 2022.
  • Fourth quarter 2023 general and administrative expenses reflect an increase of $0.5 million, or 16%, compared to the quarter ended September 2023, and a decrease of $1.7 million, or 30%, compared to the quarter ended December 2022.

Perion Network Announces Preliminary Q1 2024 Financial Results

Retrieved on: 
Monday, April 8, 2024

Perion Network Ltd. (NASDAQ & TASE: PERI ), a technology leader in connecting advertisers to consumers across all major digital channels, announced today preliminary financial results for Q1 2024 and updated its full year 2024 guidance.

Key Points: 
  • Perion Network Ltd. (NASDAQ & TASE: PERI ), a technology leader in connecting advertisers to consumers across all major digital channels, announced today preliminary financial results for Q1 2024 and updated its full year 2024 guidance.
  • In the first quarter of 2024, Perion experienced a decline in Search Advertising activity, attributable to changes in advertising pricing and mechanisms implemented by Microsoft Bing in its Search Distribution marketplace.
  • These adjustments led to a reduction in Revenue Per Thousand Impressions (RPM) for both Perion and other Microsoft Bing distribution partners.
  • As a result of the Microsoft Bing modifications, Perion expects Q1 2024 revenue and adjusted EBITDA1 of $157 million and $20 million, respectively.

Global Wearable Technology in Healthcare Market Analysis 2024-2029: AI-powered Medical Wearables and Epidermal Technology Emerging a Key Trends - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024

The global wearable technology in healthcare market value in 2023 stood at US$42.6 billion, and is likely to reach US$169 billion by 2029.

Key Points: 
  • The global wearable technology in healthcare market value in 2023 stood at US$42.6 billion, and is likely to reach US$169 billion by 2029.
  • The global wearable technology in healthcare market value is projected to grow at a CAGR of 25.82%, during the forecast period of 2024-2029.
  • By Application: According to the report, the global wearable technology in healthcare market is bifurcated into three applications: home healthcare, sports fitness and remote patient monitoring.
  • AI-powered Medical Wearables: Integration of artificial intelligence (AI) in medical wearables enhances data analysis and insights, improving diagnostic accuracy and personalized healthcare delivery.

Rimidi Launches New Partnership Program, The Rimidi Care Network, to Increase Access to Remote Monitoring Services

Retrieved on: 
Tuesday, March 19, 2024

As a result, the new partnership program makes it easier for providers to expand the bandwidth of their staff and scale remote monitoring programs.

Key Points: 
  • As a result, the new partnership program makes it easier for providers to expand the bandwidth of their staff and scale remote monitoring programs.
  • “With The Rimidi Care Network, we can extend access to remote clinical monitoring services for healthcare providers and ultimately help them improve engagement outcomes for patients with chronic conditions.”
    Founding Rimidi Care Network Partners include:
    GatewayMD – a turnkey RPM, CCM, and BHI servicing and management company that enhances chronic disease management between patients and their providers, including Remote Patient Monitoring (RPM) and Chronic Care Management (CCM) services.
  • Quest Health Services RPM – an industry-leading remote patient monitoring program and solution designed to offer the best experience possible for healthcare workers and patients, specializing in continuous glucose monitoring.
  • To learn more about The Rimidi Care Network and how to implement remote monitoring services into your practice, or for additional information on becoming a partner, visit rimidi.com/lp/rimidi-care-network .

RPM Reports Record Fiscal 2024 Third-Quarter Results

Retrieved on: 
Thursday, April 4, 2024

During the first nine months of fiscal 2024:

Key Points: 
  • During the first nine months of fiscal 2024:
    Cash provided by operating activities was $941.1 million compared to $263.0 million in the prior-year period.
  • CPG sales to increase in the low- to mid-single-digit percentage range compared to prior-year record results.
  • The company expects the following in the full-year fiscal 2024:
    Consolidated sales to increase near the midpoint of the previous outlook, which was an increase in the low-single-digit percentage range compared to prior-year record results.
  • For those unable to listen to the live call, a replay will be available from April 4, 2024, until April 11, 2024.

Harris County Public Health Partners with Lightbeam Health Solutions to Improve Maternal Health Outcomes for 15K Community Members

Retrieved on: 
Wednesday, April 3, 2024

This project aims to provide real-time support for maternal health, SDOH, and gaps in care in Harris County, Texas, spanning 15,000 community members.

Key Points: 
  • This project aims to provide real-time support for maternal health, SDOH, and gaps in care in Harris County, Texas, spanning 15,000 community members.
  • “Lightbeam enthusiastically embraces the opportunity to support the HCPH team in improving healthcare quality and accessibility for its most vulnerable maternal health community members,” says Blake Marggraff, CEO of Lightbeam Health Solutions.
  • The Lightbeam RPM Maternal Health and Post-Partum Depression programs have seen high engagement rates (75-77%), helped to improve breastfeeding outcomes, and have generated more than 2,300 productive, actionable alerts.
  • We’re thrilled to partner with HCPH and in alliance with its mission to bring equitable, scalable care to its community members.”
    “ACCESS Harris County is excited to begin this partnership with Lightbeam Health Solutions to improve healthcare access and quality for the county's maternal health population.

RPM Declares Quarterly Dividend

Retrieved on: 
Tuesday, April 2, 2024

RPM International Inc. (NYSE: RPM) today announced that its board of directors declared a regular quarterly cash dividend of $0.46 per share, payable on April 30, 2024, to stockholders of record as of April 19, 2024.

Key Points: 
  • RPM International Inc. (NYSE: RPM) today announced that its board of directors declared a regular quarterly cash dividend of $0.46 per share, payable on April 30, 2024, to stockholders of record as of April 19, 2024.
  • RPM’s last cash dividend increase of 10% in October 2023 marked RPM’s 50th consecutive year of increased cash dividends paid to its stockholders, which places RPM in an elite category of less than half of 1 percent of all publicly traded U.S. companies.
  • Only 41 other U.S. companies, besides RPM, have consecutively paid an increasing annual dividend for a longer period of time, according to Dividend Radar .
  • During this timeframe, the company has returned approximately $3.4 billion in cash dividends to its stockholders.

Yamaha Updates Inline V MAX SHO® Model Outboards

Retrieved on: 
Thursday, March 21, 2024

Yamaha announced today a new modernized look for the Inline V MAX SHO® models in the 90 through 175 horsepower categories.

Key Points: 
  • Yamaha announced today a new modernized look for the Inline V MAX SHO® models in the 90 through 175 horsepower categories.
  • The new, crisp style makes these outboards even more attractive.”
    The VF175 and VF150 outboards are matched with V MAX SHO® propellers, specifically made to transfer engine torque for powerful acceleration and top speed.
  • Yamaha’s new VF150 and VF175 model Inline SHO outboards now have an added tilt stop lever, perfectly suited for maintenance or extended storage situations.
  • Combine this new feature with the advantages offered through compatibility with Command Link® digital or analog gauges and V MAX SHO outboards make angling, cruising and servicing more efficient.

Laser Photonics Highlights Capabilities of Its Laser Cutting Systems for Customization in Private Aircraft Manufacturing

Retrieved on: 
Tuesday, March 19, 2024

Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, announces a key application for its laser cutting systems.

Key Points: 
  • Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, announces a key application for its laser cutting systems.
  • LPC’s laser cutting systems allow for the precise cutting of display panels during private aircraft manufacturing.
  • These and other display instruments in aircraft assembly may require custom precision cutting, for which laser cutting technology is best suited.
  • For more information about the Laser Photonics line of laser cutting systems, please visit https://www.laserphotonics.com/home or contact our sales department at [email protected] .

Pagaya Continues Strong Momentum, Raising More Than $1 Billion Across Two New ABS Deals

Retrieved on: 
Wednesday, March 13, 2024

Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of two new asset-backed securitizations (ABS) – RPM 2024-1 and PAID 2024-3, its 50th and 51st ABS deals, respectively.

Key Points: 
  • Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of two new asset-backed securitizations (ABS) – RPM 2024-1 and PAID 2024-3, its 50th and 51st ABS deals, respectively.
  • Kroll Bond Rating Agency rated the transaction.
  • The Company continues to scale its funding network, with over 110 funding partners and $21 billion raised across its ABS transactions since inception.
  • “Our unique ability to deliver diverse, AI-driven assets, coupled with a robust lending partner pipeline is more prevalent than ever,” said Paul Limanni, Pagaya’s Chief Capital Officer.