Revenue

BeWhere Holdings Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 21, 2023

Toronto, Ontario--(Newsfile Corp. - November 21, 2023) - BeWhere (TSXV: BEW) (OTCQB: BEWFF) ("BeWhere" or the "Company"), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three and nine months ended September 30, 2023.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - November 21, 2023) - BeWhere (TSXV: BEW) (OTCQB: BEWFF) ("BeWhere" or the "Company"), a Mobile Internet of Things (M-IoT) company is pleased to announce its financial results for three and nine months ended September 30, 2023.
  • Owen Moore, CEO and Co-Founder stated, "The Company recorded a 91% year-over-year increase in Net income before income tax expense in the third quarter of 2023."
  • He further noted, "The Company continued to perform well with Q3 2023, representing our 10th consecutive quarter of positive net income and our 16th consecutive quarter of positive EBITDA."
  • Chris Panczuk, COO and Co-Founder, stated, "We are pleased with the results as the Company recorded the highest ever quarterly Gross profit of $1,250,649."

Iveco Group admitted to the Cooperative Compliance regime with the Italian Revenue Agency

Retrieved on: 
Thursday, December 21, 2023

Iveco Group N.V. (EXM: IVG) and its main Italian subsidiaries, Iveco S.p.A. and FPT Industrial S.p.A., have been admitted to the Italian Cooperative Compliance regime.

Key Points: 
  • Iveco Group N.V. (EXM: IVG) and its main Italian subsidiaries, Iveco S.p.A. and FPT Industrial S.p.A., have been admitted to the Italian Cooperative Compliance regime.
  • This admission follows the assessment carried out by the Italian Revenue Agency, which recognised the Group's adoption of an effective Tax Control Framework, i.e.
  • Anna Tanganelli, Chief Financial Officer, Iveco Group, said: "Admission to the Cooperative Compliance regime is recognition of the strategic importance Iveco Group places in the proper management of tax risk and, more generally, in the values of ethics, legality and transparency in dealing with tax affairs.
  • Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.

Titan Machinery Inc. Announces Results for Fiscal Third Quarter Ended October 31, 2023

Retrieved on: 
Thursday, November 30, 2023

WEST FARGO, N.D., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) ("Titan" or the "Company"), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal third quarter ended October 31, 2023.

Key Points: 
  • Ltd. in October 2023 -
    WEST FARGO, N.D., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN) ("Titan" or the "Company"), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal third quarter ended October 31, 2023.
  • For the third quarter of fiscal 2024, revenue increased to $694.1 million compared to $668.8 million in the third quarter of last year.
  • Equipment revenue was $521.8 million for the third quarter of fiscal 2024, compared to $509.0 million in the third quarter last year.
  • Parts revenue was $115.0 million for the third quarter of fiscal 2024, compared to $108.7 million in the third quarter last year.

Greenridge Global: Society Pass Inc’s (Nasdaq: SOPA) 3Q 2023 Financial Results Inline with Estimates; Maintains Optimistic View of SOPA’s Business Plan

Retrieved on: 
Tuesday, November 21, 2023

Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report.

Key Points: 
  • Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report.
  • • Valuation: Greenridge Global’s valuation is based on an EV/Revenue multiple of roughly 3 times its 2025 Revenue estimate of $33.32 million, discounted back one year at 20%.
  • • 3rd Quarter 2023 Results Inline with Estimates: SoPa reported third quarter results with Revenue of $2.3 million, a 10.6% improvement from the year ago period.
  • Given SoPa’s history of acquisitions, a successful integration could ultimately result in an investment or acquisition directly into Junwei.

Tingo Group, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

While there was some impact on net revenues for the second quarter, the impact was significantly greater in the third quarter due to the fact the devaluation covered the entire quarter.

Key Points: 
  • While there was some impact on net revenues for the second quarter, the impact was significantly greater in the third quarter due to the fact the devaluation covered the entire quarter.
  • The businesses of Tingo Mobile and Tingo Foods, and their respective revenues, were temporarily adversely affected during the second quarter of 2023 by the economic disruption following Nigeria’s government elections and subsequent change of presidential administrations.
  • The gross profit for the three months ended September 30, 2023, represented a decrease of $208.1 million compared to the three months ended June 30, 2023.
  • The increase is mainly attributable to the addition of the Tingo Mobile and Tingo Foods acquisitions completed on December 1, 2022, and February 9, 2023, respectively, and the commencement of export trades through Tingo DMCC in May 2023.

TerrAscend Reports Record Third Quarter 2023 Results and Raises Full Year 2023 Guidance

Retrieved on: 
Thursday, November 9, 2023

Gross margin for the third quarter of 2023 was 53.6% as compared to 50.2% in the second quarter of 2023 and 47.0% in the third quarter of 2022.

Key Points: 
  • Gross margin for the third quarter of 2023 was 53.6% as compared to 50.2% in the second quarter of 2023 and 47.0% in the third quarter of 2022.
  • General & Administrative (G&A) expenses for the third quarter of 2023 were $29.3 million as compared to $30.5 million in the second quarter of 2023 and $27.4 million in the third quarter of 2022.
  • Net loss from continuing operations in the third quarter of 2023 was $8.4 million compared to $12.9 million in the second quarter of 2023 and $300.6 million in the third quarter of 2022.
  • The full year 2023 increase in guidance implies 2023 fourth quarter Net Revenue of $89 million and Adjusted EBITDA from continuing operations1 of $24 million.

Cohesity is Recognized Globally with Awards for Innovation, Product Strength, and Simplicity in Design

Retrieved on: 
Thursday, December 14, 2023

Cohesity , a leader in AI-powered data security and management, has recently received numerous awards in the United States and Europe for innovation, product excellence, and efficiency.

Key Points: 
  • Cohesity , a leader in AI-powered data security and management, has recently received numerous awards in the United States and Europe for innovation, product excellence, and efficiency.
  • The awards represent the overwhelming consensus of industry experts and tens of thousands of IT, security, and design professionals across the United States and three European nations.
  • The CRN Products of the Year Awards honor leading IT products and services that represent the most cutting-edge technologies in the channel today.
  • This is critical in a world of ever-present threats from cyber attacks and ransomware,” said Amith Nair, senior vice president, Marketing, Cohesity.

IDC FutureScape: CIOs Will Be Pivotal to Navigating Change in the Digital Business Era

Retrieved on: 
Wednesday, December 6, 2023

Today's CIOs have evolved from managing IT infrastructure and ensuring systems' efficiency to become key business strategists.

Key Points: 
  • Today's CIOs have evolved from managing IT infrastructure and ensuring systems' efficiency to become key business strategists.
  • IDC expects companies to further expand their digital business capabilities as they seek to gain competitive advantage and CIOs will play a crucial role in the success of these efforts.
  • CIOs need to make strategic decisions about upgrading or modernizing their IT infrastructure to align with the organization's digital goals.
  • IDC's worldwide predictions for CIOs and digital business leaders are presented in full detail in the report, IDC FutureScape: Worldwide CIO Agenda 2024 Predictions (IDC #US51294523).

Global Mobile Substation Strategic Industry Report 2023: Market to Reach $1.5 Billion by 2030 - Growing Frequency of Power Outages Drives Demand - ResearchAndMarkets.com

Retrieved on: 
Friday, December 1, 2023

The "Mobile Substation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mobile Substation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Mobile Substation estimated at US$915.5 Million in the year 2022, is projected to reach a revised size of US$1.5 Billion by 2030, growing at a CAGR of 6.5% over the analysis period 2022-2030.
  • Transformer, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$846.6 Million by the end of the analysis period.
  • The Mobile Substation market in the U.S. is estimated at US$148.7 Million in the year 2022.

Global Airlines Strategic Business Report 2023: Market to Reach $1.1 Trillion by 2030 - Airlines Market to Reap Benefit from New Era of Connected Aircraft - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 29, 2023

World Airlines Market by Sector (2020 & 2027): Percentage Breakdown of Revenues for Passenger, and Freight

Key Points: 
  • World Airlines Market by Sector (2020 & 2027): Percentage Breakdown of Revenues for Passenger, and Freight
    World Airlines Market - Geographic Regions Ranked by CAGR (Revenues) for 2020-2027: China, Asia-Pacific, Latin America, Europe, Middle East, Africa, Canada, USA, and Japan
    Global Number of Airline Bankruptcies for the Years 2015, 2018, 2020 (1H)
    Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2039
    Number of General Aviation Aircrafts Produced Worldwide for the Years 2010, 2012, 2014, 2016 and 2019
    Embattled Airlines Worldwide Park Thousands of Airplanes Creating an Unprecedented Challenge for Keeping Them Airworthy: Global Number of Jet Planes Parked at the Peak of the Pandemic in April 2020
    Global Market for MRO (In US$ Million) for Years 2021, 2023, 2025, 2027
    Low Cost Airlines Market Gives Rise to Need for Right Sized MRO Practices and Procedures: Global Low Cost Airlines Market (In US$ Billion) for the Years 2019, 2022 & 2025
    Logistics Similar to Passenger Travel Also Bears the Brunt of the Pandemic: Global Logistics Industry 2019 Vs 2020 Growth (In %)
    Global Number of Connected Aircraft (In Units) for the Years 2016, 2018, 2021, 2025 & 2029
    Emerging New Technologies for Urban Mobility to Step-Up the Excitement in the Market, Post Pandemic