Digital Solutions

EQS-News: Aareal maintains dynamic operating performance in the third quarter

Retrieved on: 
Thursday, December 14, 2023

Net interest income for the first nine months amounted to €710 million (9m 2022: €514 million), up 38 per cent.

Key Points: 
  • Net interest income for the first nine months amounted to €710 million (9m 2022: €514 million), up 38 per cent.
  • Net commission income was up by 13 per cent compared to the previous year’s quarter, to €76 million (Q3 2022: €67 million), mainly due to ongoing revenue growth at Aareon.
  • Loss allowance for the third quarter amounted to €102 million (Q3 2022: €63 million), and continued to reflect loan defaults affecting the US office property market.
  • Aareon refinanced the facility provided by Aareal Bank (“Hunting Line”) in the third quarter through external long-term debt.

CareDx Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

Reported revenue of $67.2 million, an increase of 7% over the second quarter of 2023, excluding approximately $7.8 million related to Medicare claims billing that were held over from the first quarter of 2023 and recognized in second quarter 2023 revenue.

Key Points: 
  • Reported revenue of $67.2 million, an increase of 7% over the second quarter of 2023, excluding approximately $7.8 million related to Medicare claims billing that were held over from the first quarter of 2023 and recognized in second quarter 2023 revenue.
  • Grew Testing Services patient results to 38,400, an increase of 2% compared to the second quarter of 2023.
  • Approximately 38,400 AlloSure® and AlloMap® patient results were provided in the quarter, representing a decrease of 18% as compared to the same quarter a year ago, and an increase of 2% compared to the second quarter of 2023.
  • Non-GAAP net loss was $9.6 million in the third quarter of 2023, compared to a non-GAAP net loss of $3.4 million in the third quarter of 2022.

Access Announces Promotion of Tony Skarupa to CEO

Retrieved on: 
Tuesday, November 7, 2023

WOBURN, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Access Corp., the world’s largest privately-held integrated information management services provider, today announced the promotion of Tony Skarupa as Chief Executive Officer.

Key Points: 
  • WOBURN, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Access Corp., the world’s largest privately-held integrated information management services provider, today announced the promotion of Tony Skarupa as Chief Executive Officer.
  • Mr. Skarupa served as Chief Financial Officer and Chief Administrative Officer of Access for the past eight years.
  • His promotion to CEO puts us in a stronger position as we continue Access’ successful growth.
  • As part of this transition, Access is promoting William Prate to Interim Chief Financial Officer after two years as Access’ SVP of Finance.

EQS-News: DATAGROUP Signs New Contract for IT Services with Wealthcap

Retrieved on: 
Tuesday, November 7, 2023

DATAGROUP recently has signed a five-year contract with real asset and investment manager Wealthcap for the outsourcing of IT services.

Key Points: 
  • DATAGROUP recently has signed a five-year contract with real asset and investment manager Wealthcap for the outsourcing of IT services.
  • The modular design of DATAGROUP’s CORBOX suite of services enables Wealthcap to select the appropriate IT services required for this endeavor.
  • “DATAGROUP has assisted us for several years by providing their in-depth IT skills as well as their expertise in financial services, which is important for us.
  • DATAGROUP will then manage the user-oriented IT services of Wealthcap.

SS Innovations Appoints Dr. Sonia Shokeen as Head of Quality and Regulatory Affairs

Retrieved on: 
Monday, October 30, 2023

FORT LAUDERDALE, FL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making robotic surgery affordable and accessible to a global population, today announces the appointment of Dr. Sonia Shokeen as Head of Quality and Regulatory Affairs.

Key Points: 
  • Dr. Shokeen will lead SS Innovations’ Product Lifecycle Management, Quality System Management, regulatory strategy, and international submissions.
  • Dr. Sudhir Srivastava, Chairman of the Board and Chief Executive Officer of SS Innovations, said, “Dr.
  • Shokeen brings a wealth of experience to this role, and I am delighted to welcome her to the SS Innovations team.
  • Prior to joining SS Innovations, Dr. Shokeen led Quality Function in senior management roles at Johnson and Johnson (Auris Health) in its Robotics and Digital Solutions franchise in Redwood City, CA.

Safe Harbor Financial Restructures Certain Deferred Consideration Obligations in Connection With 2022 Acquisition of Abaca

Retrieved on: 
Friday, October 27, 2023

GOLDEN, Colo., Oct. 27, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and providing credit to the regulated cannabis industry, announced today the restructuring of certain deferred consideration payable to the shareholders of Rockview Digital Solutions, Inc, d/b/a Abaca (“Abaca”), a cannabis-focused financial technology platform that was acquired by Safe Harbor in a transaction that closed on November 16, 2022.

Key Points: 
  • GOLDEN, Colo., Oct. 27, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and providing credit to the regulated cannabis industry, announced today the restructuring of certain deferred consideration payable to the shareholders of Rockview Digital Solutions, Inc, d/b/a Abaca (“Abaca”), a cannabis-focused financial technology platform that was acquired by Safe Harbor in a transaction that closed on November 16, 2022.
  • The combination of Safe Harbor’s access to a wide range of financial service offerings and Abaca’s industry-leading fintech software solutions has produced a comprehensive and streamlined banking solution for cannabis operators nationwide.
  • The enhanced Safe Harbor fintech platform now offers desktop and mobile banking, treasury management, payment processing, cash handling, and logistics, as well as new interest-bearing and credit products announced earlier this year.
  • The $3 million in cash consideration scheduled to be distributed to Abaca shareholders in both 2023 and 2024 remains unchanged.

CACI acquires UK digital transformation agency Cyber-Duck to enhance its Digital Solutions Business

Retrieved on: 
Friday, November 3, 2023

LONDON, Nov. 3, 2023 /PRNewswire/ -- CACI Limited, a leading data and technology solutions company, has acquired Cyber-Duck Limited, a pioneering UK-based digital transformation agency.

Key Points: 
  • LONDON, Nov. 3, 2023 /PRNewswire/ -- CACI Limited, a leading data and technology solutions company, has acquired Cyber-Duck Limited, a pioneering UK-based digital transformation agency.
  • Its strategic design and delivery expertise has helped clients in central and local UK government as well as large enterprises digitise their operations.
  • Their significant skills and track-record of service delivery for clients makes them an excellent fit with our own Digital Solutions capability.
  • They are an important strategic addition to our business and bring real value-add skillsets to enhance our offerings for our clients."

APPlife Digital Solutions, Inc. Signs Asset Purchase Agreement

Retrieved on: 
Thursday, October 26, 2023

SAN FRANCISCO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- APPlife Digital Solutions, Inc. (ALDS) is proud to announce that they have signed an Asset Purchase Agreement (APA) to acquire LeSalon.

Key Points: 
  • SAN FRANCISCO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- APPlife Digital Solutions, Inc. (ALDS) is proud to announce that they have signed an Asset Purchase Agreement (APA) to acquire LeSalon.
  • This agreement marks a defining moment in ALDS’s history as they welcome LeSalon to the ALDS family.
  • The Asset Purchase Agreement is for a combination of stock and cash.
  • The agreement is subject to a period of audit to verify and record historical income and revenue prior to a formal closing.

Horizon Media Canada Launches blu. – New Innovative Proprietary Audience Framework and Data Ecosystem

Retrieved on: 
Wednesday, October 25, 2023

TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Horizon Media, one of Canada's leading media companies, has launched a state-of-the-art proprietary audience framework and data ecosystem called blu.

Key Points: 
  • TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Horizon Media, one of Canada's leading media companies, has launched a state-of-the-art proprietary audience framework and data ecosystem called blu.
  • was conceptualized to address the evolving needs of marketers and consumers alike," said Kevin Kivi, General Manager of Horizon Canada.
  • Its unique ability to connect seamlessly with brands' first-party data and media owners' data opens new possibilities for targeted campaigns, media plan optimization, and advanced measurement.
  • Horizon Media, Inc, the largest independent media agency in North America, delivers data-driven business outcomes for some of the world’s most innovative and ambitious brands.

Weatherford Announces Third Quarter 2023 Results and Raises Full-Year Outlook

Retrieved on: 
Tuesday, October 24, 2023

HOUSTON, Oct. 24, 2023 (GLOBE NEWSWIRE) --  Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the third quarter of 2023.

Key Points: 
  • Operating income was $218 million in the third quarter of 2023, compared to $201 million in the second quarter of 2023 and $121 million in the third quarter of 2022.
  • Basic income per share was $1.70, compared to $1.14 in the second quarter of 2023 and $0.39 in the third quarter of 2022.
  • Third quarter 2023 cash flows provided by operations were $172 million, compared to $201 million in the second quarter of 2023 and $160 million in the third quarter of 2022.
  • Capital expenditures were $42 million in the third quarter of 2023, compared to $36 million in the second quarter of 2023 and $39 million in the third quarter of 2022.