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OptimizeRx Reports First Quarter 2024 Financial Results

Retrieved on: 
星期二, 五月 14, 2024

Management believes that these non-GAAP financial measures provide additional insight into the operations and cash flow of the Company.

Key Points: 
  • Management believes that these non-GAAP financial measures provide additional insight into the operations and cash flow of the Company.
  • The Company’s non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in the Company’s industry, as other companies in the industry may calculate such non-GAAP financial results differently.
  • The Company does not consider these non-GAAP measures to be substitutes for or superior to the information provided by its GAAP financial results.
  • The table, “Reconciliation of Non-GAAP to GAAP Financial Measures,” included below, provides a reconciliation of Non-GAAP net loss, Non-GAAP EPS and Adjusted EBITDA for the three months ended March 31, 2024 and 2023.

Shastic Launches Mago: The Future of AI Banking Workforce for Community Financial Institutions

Retrieved on: 
星期四, 五月 16, 2024

Shastic, the leading provider of workflow automation solutions for financial institutions, has announced its latest platform, Mago™.

Key Points: 
  • Shastic, the leading provider of workflow automation solutions for financial institutions, has announced its latest platform, Mago™.
  • This end-to-end AI workflow automation platform will revolutionize the industry by providing community banks and credit unions with state-of-the-art, AI banking workforces.
  • Mago’s approach allows these institutions to dramatically expand their workforce capabilities without the need for additional staff.
  • Mago allows banks and credit unions to expand their workforce 1,000 times without increasing their headcount.

EQS-News: GFT with a solid start in a challenging environment

Retrieved on: 
星期五, 五月 10, 2024

Revenue and earnings growth forecast for 2024 confirmed: Revenue to grow by 15 per cent, adjusted EBIT by 16 per cent

Key Points: 
  • Revenue and earnings growth forecast for 2024 confirmed: Revenue to grow by 15 per cent, adjusted EBIT by 16 per cent
    Stuttgart, 08 May 2024 – GFT Technologies SE (GFT) continued its solid growth in the first quarter of 2024 despite the ongoing challenging market environment.
  • GFT recorded above-average growth in Europe with an increase in revenue of 27 per cent.
  • "Despite the global challenges, our company has made a solid start to 2024.
  • The platform co-developed by GFT, in which GFT is also a partial owner, enables international transactions with regulated digital currencies.

OptimizeRx Reports Strong Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
星期二, 四月 16, 2024

DAAP deals quadrupled to 24, aligning with our strategic goals and providing a solid revenue base and momentum for 2024.

Key Points: 
  • DAAP deals quadrupled to 24, aligning with our strategic goals and providing a solid revenue base and momentum for 2024.
  • Gross profit in the fourth quarter of 2023 increased 43% year-over-year to $17.8 million.
  • The Company does not consider these non-GAAP measures to be substitutes for or superior to the information provided by its GAAP financial results.
  • The table, “Reconciliation of Non-GAAP to GAAP Financial Measures,” included below, provides a reconciliation of Non-GAAP net income, Non-GAAP EPS and Adjusted EBITDA for the fourth quarter and full year ended December 31, 2023 and 2022.

First Business Bank Reports First Quarter 2024 Net Income of $8.6 Million

Retrieved on: 
星期四, 四月 25, 2024

Fees in lieu of interest, which vary from quarter to quarter based on client-driven activity, totaled $793,000, compared to $1.1 million in the prior quarter.

Key Points: 
  • Fees in lieu of interest, which vary from quarter to quarter based on client-driven activity, totaled $793,000, compared to $1.1 million in the prior quarter.
  • The Bank reported a provision expense of $2.3 million, compared to $2.6 million in the fourth quarter of 2023.
  • Other fee income decreased $248,000 to $1.5 million, compared to $1.7 million in the prior quarter.
  • Non-interest expense increased $1.8 million, or 8.1%, to $23.3 million, while operating expense increased $1.8 million, or 8.2%, to $23.1 million.

Project Management Profession Contributes £186bn to UK Economy After £30bn Five-year Growth – APM Golden Thread Report 2024

Retrieved on: 
星期四, 四月 25, 2024

A new report by the Association for Project Management (APM), the chartered membership organisation for the project profession, has found that project management in the UK contributes £186.8 billion of annual gross value added (GVA) to the UK economy – a growth of over £30bn in the last five years.

Key Points: 
  • A new report by the Association for Project Management (APM), the chartered membership organisation for the project profession, has found that project management in the UK contributes £186.8 billion of annual gross value added (GVA) to the UK economy – a growth of over £30bn in the last five years.
  • The Golden Thread Report 2024 , commissioned by APM and conducted by PwC Research, shows that key drivers behind the growth include professional and business services – the largest contributor to project management GVA at £47.9bn, a rise of 22% from 2019.
  • “The Golden Thread 2024 deepens the view that our profession is the most vital ‘golden thread’ running through all sectors of the economy – driving quality, efficiency and strategic change.
  • Now they are thinking more about driving step-change, improvements and ultimately transformation.”
    To download the Golden Thread 2024 Report along with supporting case studies, visit https://www.apm.org.uk/resources/research/the-golden-thread/
    Further key findings from the Golden Thread report:

EQT AB (publ) Q1 Announcement 2024

Retrieved on: 
星期四, 四月 18, 2024

"EQT started the year with the successful completion of two fundraises, EQT X and EQT Future, with total commitments of more than EUR 25 billion.

Key Points: 
  • "EQT started the year with the successful completion of two fundraises, EQT X and EQT Future, with total commitments of more than EUR 25 billion.
  • The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon.
  • This is information that EQT AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.
  • The information was submitted for publication, through the agency of the contact persons set out above, at 07:30 CEST on 18 April 2024.

North Carolina community colleges see highest enrollment jump in 15 years

Retrieved on: 
星期一, 三月 18, 2024

RALEIGH, N.C., March 18, 2024 /PRNewswire/ -- North Carolina community colleges reported a five percent increase in Full-Time Equivalent student enrollment in Fall 2023 – marking the highest one-year enrollment jump in 15 years.

Key Points: 
  • RALEIGH, N.C., March 18, 2024 /PRNewswire/ -- North Carolina community colleges reported a five percent increase in Full-Time Equivalent student enrollment in Fall 2023 – marking the highest one-year enrollment jump in 15 years.
  • North Carolina is ahead of nationwide enrollment trends among community colleges.
  • According to a report from Community College Daily, community colleges in the U.S. saw a 2.6 percent increase in Fall 2023.
  • "The recent surge in enrollment at our community colleges is a testament to the growing recognition of the value we provide," said Dr. Jeff Cox, President of the North Carolina Community College System.

New study from Gain.pro - Private equity: Job killer or growth booster?

Retrieved on: 
星期一, 三月 18, 2024

LONDON, March 18, 2024 /PRNewswire/ -- Landmark bankruptcies and restructurings such as those involving Four Seasons Healthcare (UK), Windreich (Germany) and Alteo (France) have created a challenging narrative in Europe around PE-ownership. In response, politicians like Jeremy Corbyn in the UK have spoken out against further growth of the sector, fearing job losses and financial instability.

Key Points: 
  • A novel study debunks the myth that Private Equity (PE) ownership negatively impacts companies and their workers.
  • In response, politicians like Jeremy Corbyn in the UK have spoken out against further growth of the sector, fearing job losses and financial instability.
  • Private market intelligence provider Gain.pro, recently conducted a landmark study proving these isolated cases making headlines are far from representative.
  • The report data is derived from the largest-of-its-kind study of European private companies.

New study from Gain.pro - Private equity: Job killer or growth booster?

Retrieved on: 
星期一, 三月 18, 2024

LONDON, March 18, 2024 /PRNewswire/ -- Landmark bankruptcies and restructurings such as those involving Four Seasons Healthcare (UK), Windreich (Germany) and Alteo (France) have created a challenging narrative in Europe around PE-ownership. In response, politicians like Jeremy Corbyn in the UK have spoken out against further growth of the sector, fearing job losses and financial instability.

Key Points: 
  • A novel study debunks the myth that Private Equity (PE) ownership negatively impacts companies and their workers.
  • In response, politicians like Jeremy Corbyn in the UK have spoken out against further growth of the sector, fearing job losses and financial instability.
  • Private market intelligence provider Gain.pro, recently conducted a landmark study proving these isolated cases making headlines are far from representative.
  • The report data is derived from the largest-of-its-kind study of European private companies.