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Supremex Announces Q3 2023 Results

Retrieved on: 
Thursday, November 9, 2023

With continuous efforts to drive efficient working capital management, Supremex generated a solid free cash flow during the third quarter.

Key Points: 
  • With continuous efforts to drive efficient working capital management, Supremex generated a solid free cash flow during the third quarter.
  • Taking into consideration the business acquisitions, Supremex reimbursed over $9 million of long-term debt and repurchased shares,” said Stewart Emerson, President & CEO of Supremex.
  • On November 8, 2023, the Board of Directors declared a quarterly dividend of $0.035 per common share, payable on December 22, 2023, to the shareholders of record at the close of business on December 7, 2023.
  • November 9, 2023 - Third Quarter Results Conference Call:
    A conference call to discuss the Company’s results for the third quarter ended September 30, 2023 will be held Thursday, November 9, 2023 at 10:00 a.m. (Eastern Time).

Phathom Pharmaceuticals Reports Third Quarter 2023 Results and Recent Business Updates

Retrieved on: 
Thursday, November 9, 2023

Third Quarter 2023 Financial Results:

Key Points: 
  • Third Quarter 2023 Financial Results:
    Net loss for the third quarter ended September 30, 2023, was $43.2 million, compared to $51.1 million for third quarter 2022.
  • Third quarter 2023 net loss included a non-cash charge related to stock-based compensation of $6.1 million compared to $5.8 million for third quarter 2022.
  • Research and development expenses for the third quarter 2023 were $12.3 million, a decrease of $6.7 million compared to $19.0 million for third quarter 2022.
  • General and administrative expenses for the third quarter 2023 were $23.4 million, a decrease of $0.1 million compared to $23.5 million for third quarter 2022.

Cable One Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023

Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).

Key Points: 
  • Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).
  • Upgrade/rebuild includes costs to modify or replace existing fiber/coaxial cable networks, including betterments.
  • Cable One will host a conference call with the financial community to discuss results for the third quarter of 2023 on Thursday, November 2, 2023, at 5 p.m. Eastern Time (ET).
  • A replay of the call will be available from November 2, 2023 until November 16, 2023 at ir.cableone.net.

Sarepta Therapeutics Announces Third Quarter 2023 Financial Results and Recent Corporate Developments

Retrieved on: 
Wednesday, November 1, 2023

Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, today reported financial results for the third quarter 2023.

Key Points: 
  • Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, today reported financial results for the third quarter 2023.
  • Total net product revenue stands at $309.3 million, growing 49 percent over the same quarter last year.
  • These non-GAAP measures are not intended to be considered in isolation or to replace the presentation of the Company’s financial results in accordance with GAAP.
  • All relevant non-GAAP measures are reconciled from their respective GAAP measures in the attached table “Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures.”

MCI Announces Closing of Strategic Transaction with WELL Health, Changes Name to HEALWELL AI, and Debuts as AI and Data Science Focused Healthcare Technology Business

Retrieved on: 
Monday, October 2, 2023

TORONTO, ON, Oct. 02, 2023 (GLOBE NEWSWIRE) -- HEALWELL AI Inc. (f/k/a MCI Onehealth Technologies Inc.) ("HEALWELL" or the "Company") (TSX: AIDX), a healthcare technology and data science company focused on preventative care, is pleased to announce that it has successfully completed the strategic transaction with WELL Health Technologies Corp. ("WELL") that was first announced on July 20, 2023 (the "Transaction"). The Transaction comprised, among other things, a private placement offering of convertible debenture units for gross proceeds of $10 million, a sale of the Company's clinical assets1 in Ontario to WELL, and the satisfaction and discharge of the outstanding secured debt of the Company and a number of its subsidiaries.

Key Points: 
  • HEALWELL and WELL Health have established a strategic alliance that positions HEALWELL to become a significant player in the multi-billion-dollar data sciences and preventative care industry.
  • With the closing of this Transaction, HEALWELL positions itself as a healthcare technology and data science company focused on preventative care, with a vision to improve healthcare and save lives through early identification and detection of disease.
  • HEALWELL leverages AI to empower patients and doctors to deliver increased access, reduce healthcare costs, and improve patient outcomes.
  • The Company has been re-named from its former name, MCI Onehealth Technologies Inc., to HEALWELL AI Inc., to better reflect this renewed vision and focus.

BGC Group Updates its Outlook for the Third Quarter of 2023

Retrieved on: 
Friday, September 29, 2023

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.

Key Points: 
  • NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.
  • BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2023.
  • The Company's outlook was contained in BGC's financial results press release issued on August 2, 2023, which can be found at http://ir.bgcg.com .
  • In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC.

BGC Group Updates its Outlook for the Third Quarter of 2023

Retrieved on: 
Friday, September 29, 2023

NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.

Key Points: 
  • NEW YORK, Sept. 29, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending September 30, 2023.
  • BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2023.
  • The Company's outlook was contained in BGC's financial results press release issued on August 2, 2023, which can be found at http://ir.bgcg.com .
  • In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC.

8x8 Appoints Contact Center and Growth Marketing Leader Bruno Bertini as Chief Marketing Officer

Retrieved on: 
Monday, September 18, 2023

8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced the appointment of contact center and growth marketing leader Bruno Bertini as Chief Marketing Officer (CMO).

Key Points: 
  • 8x8, Inc. (NASDAQ: EGHT), a leading integrated cloud contact center and unified communications platform provider, today announced the appointment of contact center and growth marketing leader Bruno Bertini as Chief Marketing Officer (CMO).
  • View the full release here: https://www.businesswire.com/news/home/20230918409419/en/
    8x8 Appoints Bruno Bertini as CMO (Photo: Business Wire)
    Bertini is a recognized technology marketing executive with over 15 years of experience in the contact center and customer experience industry.
  • He most recently served as Global Vice President of Demand Generation and Growth Marketing at Freshworks, where he was responsible for driving market expansion and revenue growth.
  • Bertini will partner with Chief Revenue Officer, Lisa Martin, to build out a world class go-to-market program that drives strategic growth.

NN, Inc. Announces Tim French as Senior Vice President and Chief Operating Officer

Retrieved on: 
Thursday, August 10, 2023

CHARLOTTE, N.C., Aug. 10, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced the appointment of Tim French, Senior Vice President and Chief Operating Officer, effective August 10, 2023.

Key Points: 
  • CHARLOTTE, N.C., Aug. 10, 2023 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that manufactures high-precision components and assemblies, today announced the appointment of Tim French, Senior Vice President and Chief Operating Officer, effective August 10, 2023.
  • Mr. French brings 35 years of experience in manufacturing, operations, and business transformation.
  • He will report directly to Harold Bevis, NN’s new President and Chief Executive Officer.
  • “Tim is an experienced leader and a business transformation veteran, having led several in his career,” said Mr. Bevis.

Supremex Announces Q2 2023 Results

Retrieved on: 
Thursday, August 10, 2023

“Our second quarter results reflect the temporary effect of inventory adjustments by certain customers and lower demand from sectors more affected by inflation and interest rate levels,” said Stewart Emerson, President & CEO of Supremex.

Key Points: 
  • “Our second quarter results reflect the temporary effect of inventory adjustments by certain customers and lower demand from sectors more affected by inflation and interest rate levels,” said Stewart Emerson, President & CEO of Supremex.
  • On August 9, 2023, the Board of Directors declared a quarterly dividend of $0.035 per common share, payable on September 22, 2023, to the shareholders of record at the close of business on September 7, 2023.
  • August 10, 2023 - Second Quarter Results Conference Call:
    A conference call to discuss the Company’s results for the second quarter ended June 30, 2023 will be held Thursday, August 10, 2023 at 10:00 a.m. (Eastern Time).
  • Management also believes this non-IFRS measure provides users with enhanced understanding of the Company’s results and provides better comparability between periods.