Centessa Pharmaceuticals Reports Financial Results and Business Highlights for the First Quarter of 2024 Hemophilia Program: Ongoing registrational PRESent-2 and PRESent-3 studies of SerpinPC for the treatment of hemophilia B; PRESent-2 interim analysis planned in 2024Orexin Agonist Program: Cleared IND and initiated Phase 1 first-in-human clinical trial of ORX750, a highly potent and selective OX2R agonist for the treatment of narcolepsy; Clinical proof-of-concept data in acutely sleep-deprived healthy volunteers planned in 2H of 2024LockBody® Technology Platform: Ongoing Phase 1/2a study ...
TeraWulf Reports First Quarter 2024 Financial Results Self-mined 1,057 bitcoin in Q1 2024, an 8.9% increase over Q4 2023, on a total installed hashrate of 8.0 EH/s. Q1 2024 revenue grows 82.2% over Q4 2023 to $42.4 million. Q1 2024 Non-GAAP Adjusted EBITDA increases 95.4% over Q4 2023 to $32.0 million. Paid down approximately $63.6 million of debt so far in 2024, demonstrating the power of low-cost, profitable operations. On track to reach ~10.2 EH/s in Q3 2024, with plans to grow to ~13.3 EH/s by Q1 2025. EASTON, Md., May 13, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq...
TMC Announces First Quarter 2024 Results NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and first quarter financial results for the period ending March 31, 2024. Q1 2024 Financial Highlights $11.9 million cash used in operations for the quarter ended March 31, 2024Net loss of $25.2 million and net loss per share of $0.08 for the quarter ended March 31, 2024Total liquidity of approximately $49 million at March 31,...
Infinera Corporation Fourth Quarter and Fiscal 2023 Summary of Key Financial Results SAN JOSE, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) has issued a press release with a summary of key financial results for the fourth quarter and fiscal year ended December 30, 2023. The press release is also published on Infinera’s Investor Relations website. GAAP revenue for the quarter was $453.5 million compared to $392.4 million in the third quarter of 2023 and $485.9 million in the fourth quarter of 2022. GAAP gross margin for the quarter was 38.6% compared to 40...
Urgently Announces First Quarter 2024 Financial Results First Quarter Performance Reflects Continued Margin Expansion VIENNA, Va., May 13, 2024 (GLOBE NEWSWIRE) -- Urgent.ly Inc. (Nasdaq: ) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today reported financial results for the first quarter ended March 31, 2024. “Our first quarter financial performance was in line with our expectations. We made continued progress with our strategic initiatives to drive gross margin expansion through operational efficiencies and disciplin...
Navitas Semiconductor to Participate in Upcoming Investor Events Executives to review drivers of $1.6B pipeline and mission to “Electrify Our World™” TORRANCE, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- , the only pure-play, next-generation power semiconductor company and industry leader in GaNFast™ gallium nitride (GaN) power ICs and GeneSiC™ silicon carbide (SiC) technology, has announced participation in the following upcoming investor events: MESH Ventures Call May 14th: 7pm Pacific, 10pm Eastern US / May 15th 10am Taipei / Hong KongGroup call with Gene Sheridan, CEO, and Janet Chou...
GitLab To Announce First Quarter Fiscal 2025 Financial Results SAN FRANCISCO, May 13, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps Platform, today announced that it will report its financial results for the first quarter of fiscal year 2025, which ended April 30, 2024, after U.S. markets close on Monday, June 3, 2024. Management will host a conference call and webcast on the same day to discuss the company’s financial results at 4:30 p.m. EST / 1:30 p.m. PST. GitLab First Quarter Fiscal 2025 Financial Results Conference Ca...
Hyperfine, Inc. Reports First Quarter 2024 Financial Results GUILFORD, Conn., May 13, 2024 (GLOBE NEWSWIRE) -- Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking health technology company that has redefined brain imaging with the first FDA-cleared portable magnetic resonance (MR) brain imaging system—the Swoop® system—today announced first quarter 2024 financial results and provided a business update. “We have kicked off 2024 strong. I am pleased with our commercial progress shown by sales across US and international accounts, as well as the important milestones we hit in Q1 by commencin...
Cardiff Oncology to Present at Upcoming Investor Conferences in May SAN DIEGO, May 13, 2024 (GLOBE NEWSWIRE) -- Cardiff Oncology, Inc. (Nasdaq: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, today announced that company management will present at two upcoming investor conferences in May 2024. Details of the presentations can be found below. H.C. Wainwright 2nd Annual BioConnect Investor Conference at NASDAQLocation: The Nasdaq Headquarters, New York CityPresenter: Mark Erlander, CEOFormat: Fireside ChatDate:...
180 Degree Capital Corp. Reports Net Asset Value per Share (“NAV”) of $5.16 as of March 31, 2024 MONTCLAIR, N.J., May 13, 2024 (GLOBE NEWSWIRE) -- 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital” and the “Company”), today reported its financial results as of March 31, 2024, and noted additional developments from the second quarter of 2024. The Company also published a letter to shareholders that can be viewed at . “The first quarter of 2024 continued overall positive trends both in terms of increases of our net asset value per share (“NAV”) and microcapitalization-focused ind...
Safe Harbor Financial Announces First Quarter 2024 Results --Net Income increased 245% year-over-year to approximately $2.0 million in the first quarter of 2024 --Adjusted EBITDA increased 165.3% to approximately $1.1 million(1) --Operating Expenses decreased 35.8% versus the same period in 2023 GOLDEN, Colo., May 13, 2024 (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 credit facilities to the regulated cannabis industry, announced today its financial results for the f...
AvidXchange to Participate in Upcoming Investor Conferences CHARLOTTE, N.C., May 13, 2024 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced that members of the management team will participate in the following investor conferences: Barclays 14th Annual Emerging Payments and FinTech Forum on Thursday, May 16, 2024. The presentation is scheduled to begin at 1:50 PM ET.J.P. Morgan 52nd Annual Global Technology, Media & Communica...
RxSight, Inc. Announces Closing of its Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares ALISO VIEJO, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- RxSight, Inc. (Nasdaq: RXST), an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, today announced that it has closed its underwritten public offering of 2,053,571 shares of its common stock, at a price to the public of $56.00 per share, which includes the full exercise by the underwriters of their option to purchase u...
BurgerFi to Report First Quarter 2024 Financial Results on May 15, 2024 FORT LAUDERDALE, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (NASDAQ: BFI, BFIIW) (“BurgerFi”), owner of one of the nation’s leading fast-casual “better burger” dining concepts through the BurgerFi brand, and the high-quality, casual dining pizza brand under the name Anthony’s Coal Fired Pizza & Wings (“Anthony’s”), will report financial results for the first quarter 2024 on Wednesday, May 15, 2024 prior to market opening. Management will host a conference call at 8:30 a.m. Eastern time on the ...
Generation Bio Announces Recent Business Highlights and First Quarter 2024 Financial Results - Oral presentation at ASGCT described selective, high levels of therapeutic transgene delivery to T cells in vivo by cell-targeted lipid nanoparticle (ctLNP) - ASGCT poster presentations described immune-quiet DNA (iqDNA) as partially single-stranded, produced by flexible, scalable, proprietary rapid enzymatic synthesis - Cash balance of $233.9 million still expected to fund operations into 2H 2027 CAMBRIDGE, Mass., May 13, 2024 (GLOBE NEWSWIRE) -- . (Nasdaq: GBIO), a biotechnology company inn...
Capricor Therapeutics Reports First Quarter 2024 Financial Results and Provides Corporate Update –Phase 3, HOPE-3 Trial (Cohort A) of CAP-1002 in Duchenne Muscular Dystrophy Fully Enrolled; On Track to Report Top-Line Data in Q4 2024– –Positive Type-B CMC FDA Meeting held in Q1; Company Aligned with FDA on Demonstration of Non-Clinical Comparability, A Major Milestone on Path to CMC Clearance for BLA– –Received First Milestone Payment of $10 Million under U.S. Distribution and Commercialization Agreement with Nippon Shinyaku in Q1– –Recent FDA Feedback Supports Requests for a Pre-BLA Mee...
Helius Medical Technologies, Inc. Reports First Quarter 2024 Financial Results Company to host call at 4:30pm today NEWTOWN, Pa., May 13, 2024 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq:HSDT) (“Helius” or the “Company”), a neurotech company focused on delivering a novel therapeutic neuromodulation approach for balance and gait deficits, today announced results for the quarter ended March 31, 2024. First Quarter and Recent Business Updates Received Healthcare Common Procedure Coding System (“HCPCS”) codes and preliminary determination for reimbursement for the Portab...
NEXGEL Reports First Quarter 2024 Revenue of $1.27 Million, an Increase of 104% Year-Over-Year LANGHORNE, Pa., May 13, 2024 (GLOBE NEWSWIRE) -- NEXGEL, Inc. (“NEXGEL” or the “Company”) (NASDAQ: “NXGL”), a leading provider of ultra-gentle, high-water-content hydrogel products for healthcare and consumer applications, today announced its financial results for the first quarter ended March 31, 2024. Adam Levy, NEXGEL’s Chief Executive Officer, commented, “Following a record year of growth in 2023, I am pleased to report our first quarter financial results that demonstrate steady growth year...
CompoSecure Chief Product & Innovation Officer to Speak at Seamless Middle East 2024 Adam Lowe will discuss the importance of easy-to-use security solutions to help fight fraud DUBAI, United Arab Emirates, May 13, 2024 (GLOBE NEWSWIRE) -- Dubai — May 13, 2024 — (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced Chief Product and Innovation Officer, Dr. Adam Lowe, will be delivering key presentations at , focusing on security innovations, including the company’s Arculus Authenticate® and Cold Storage technology, that enhances customer...
Kandi Technologies to Report First Quarter 2024 Financial Results and Hold a Conference Call on May 16, 2024 Jinhua, China, May 13, 2024 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) (the "Company" or "Kandi") announced today that it will report its first quarter 2024 financial results on Thursday, May 16, 2024. The Company has scheduled a conference call and live webcast to discuss its financial results at 8:00 A.M. Eastern Time (8:00 P.M. Beijing Time) on Thursday, May 16, 2024. Management will deliver prepared remarks to be followed by a question and...
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