IDT

Ultima Genomics Adds Tenured Strategic and Technology Leadership In Preparation for Commercial Launch

Retrieved on: 
Monday, June 26, 2023

Shlomey Derhi will join the Company's R&D and engineering leadership as Head of Architecture and Integration and will be focused on accelerating technology development of the Company's unique sequencing architecture.

Key Points: 
  • Shlomey Derhi will join the Company's R&D and engineering leadership as Head of Architecture and Integration and will be focused on accelerating technology development of the Company's unique sequencing architecture.
  • "We are excited to have two proven and tenured industry leaders join our leadership team at this important stage of our Company," said Gilad Almogy, CEO and founder of Ultima Genomics.
  • She has deep scientific, technical and commercial expertise and will be instrumental in driving customer success, strategy and commercial focus as we transition from early access to commercial launch.
  • He will be pivotal as we prepare our first product, the UG100™ for commercial launch, and continue to advance our unique sequencing architecture."

IDT Corporation to Participate in East Coast IDEAS Virtual Investor Conference

Retrieved on: 
Monday, June 19, 2023

NEWARK, NJ, June 19, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, announced today that members of its management team will participate in the 13th Annual East Coast IDEAS Investor Conference.

Key Points: 
  • NEWARK, NJ, June 19, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, announced today that members of its management team will participate in the 13th Annual East Coast IDEAS Investor Conference.
  • The presentation slides and audio will be accessible through the IDT investor relations website, https://www.idt.net/investors-and-media/ .
  • IDT’s Chief Financial Officer, Marcelo Fischer, will host virtual meetings with conference participants on Wednesday and Thursday.
  • Investors can also view the presentation, register for the conference and request a 1x1 meeting with Mr. Fischer through the conference host’s website, www.ThreePartAdvisors.com/East-Coast .

IDT Corporation Reports Third Quarter Fiscal Year 2023 Results

Retrieved on: 
Monday, June 5, 2023

NEWARK, NJ, June 05, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today reported results for the third quarter of its fiscal year 2023, the three months ended April 30, 2023.

Key Points: 
  • NEWARK, NJ, June 05, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today reported results for the third quarter of its fiscal year 2023, the three months ended April 30, 2023.
  • net2phone added approximately 13,000 net seats during the quarter to end 3Q23 with approximately 340,000 seats served.
  • During 3Q23, IDT repurchased 76,694 shares of its Class B common stock in the open market for approximately $2.5 million.
  • During the first nine months of FY 2023, IDT repurchased 280,130 shares in the open market for approximately $7.5 million.

Nano Dimension Launches $18.00 Per Share All-Cash Special Tender Offer to Increase Ownership in Stratasys to between 53% and 55% of Its Outstanding Shares

Retrieved on: 
Thursday, May 25, 2023

Waltham, Mass, May 25, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, “NANO” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today announced that it has commenced a special tender offer to purchase between 38.8% and 40.8% of the outstanding ordinary shares of Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”) for $18.00 per share in cash, less any required withholding taxes and without interest. The successful completion of the special tender offer would result in Nano Dimension’s beneficial ownership of between 53% and 55% of the outstanding Stratasys shares, inclusive of the approximately 14.2% of Stratasys’ outstanding ordinary shares that Nano Dimension currently owns.

Key Points: 
  • The successful completion of the special tender offer would result in Nano Dimension’s beneficial ownership of between 53% and 55% of the outstanding Stratasys shares, inclusive of the approximately 14.2% of Stratasys’ outstanding ordinary shares that Nano Dimension currently owns.
  • “We believe our offer delivers certain all-cash value to Stratasys’ shareholders at a premium in excess of what Stratasys can deliver to its shareholders.
  • In conjunction with the special tender offer, Nano Dimension today also released a presentation further detailing the benefits of the special tender offer to Stratasys’ shareholders and the strategic rationale for the tender offer as summarized below:
    Nano Dimension’s special tender offer price of $18.00 per share is a premium to all relevant Stratasys historical trading levels, and in excess of J.P. Morgan’s (Stratasys’ financial advisor) last published target price of $16.00 before dropping coverage in March 2023.
  • The Company will host a conference call to discuss the special tender offer Tuesday, May 30th, 2023 at 9:00 a.m. EDT (4:00 p.m. IDT).

IDT Corporation to Report Third Quarter FY2023 Results

Retrieved on: 
Wednesday, May 24, 2023

NEWARK, NJ, May 24, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the third quarter of its fiscal year 2023 (the three months ended April 30, 2023) on Monday, June 5, 2023.

Key Points: 
  • NEWARK, NJ, May 24, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the third quarter of its fiscal year 2023 (the three months ended April 30, 2023) on Monday, June 5, 2023.
  • IDT’s earnings release will be issued and posted on the IDT investor relations website ( https://www.idt.net/investors-and-media ) at approximately 4:30 PM Eastern.
  • IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results followed by Q&A with investors.
  • To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and request the IDT Corporation call (participant access code: 568841).

Gwangju Institute of Science and Technology Researchers Enhance Thermoelectricity with Guided Impurity Position Control

Retrieved on: 
Thursday, May 4, 2023

GWANGJU, South Korea, May 4, 2023 /PRNewswire/ -- Thermoelectric materials, substances that convert temperature difference into electricity, find a multitude of applications involving the conversion of waste heat into useful electrical energy. However, they often need to rely on heavy rare earth elements for efficient thermoelectric conversion. This, unfortunately, makes them expensive and environmentally hazardous. In recent years, conjugated polymer-based material has received attention as an environmentally benign alternative to the conventional rare earth metal-based thermoelectric materials.

Key Points: 
  • In recent years, conjugated polymer-based material has received attention as an environmentally benign alternative to the conventional rare earth metal-based thermoelectric materials.
  • Unfortunately, these polymers suffer from low electronic conductivity, limiting our ability to synthesize high-performance thermoelectric materials from IDT-based polymers.
  • A team of researchers led by Prof. Sukwon Hong Gwangju Institute of Science and Technology in Korea have now found a solution to the problem.
  • The addition of the acetal group was crucial, since it directed the dopant next to the benzylic position of the polymer skeleton, facilitating the desired dopant position control.

NOV Reports First Quarter 2023 Earnings

Retrieved on: 
Wednesday, April 26, 2023

NOV Inc. (NYSE: NOV) today reported first quarter 2023 revenues of $1.96 billion, a decrease of 5 percent compared to the fourth quarter of 2022 and an increase of 27 percent compared to the first quarter of 2022.

Key Points: 
  • NOV Inc. (NYSE: NOV) today reported first quarter 2023 revenues of $1.96 billion, a decrease of 5 percent compared to the fourth quarter of 2022 and an increase of 27 percent compared to the first quarter of 2022.
  • Completion & Production Solutions generated revenues of $718 million in the first quarter of 2023, a decrease of three percent from the fourth quarter of 2022 and an increase of 35 percent from the first quarter of 2022.
  • Rig Technologies generated revenues of $550 million in the first quarter of 2023, a decrease of 11 percent from the fourth quarter of 2022 and an increase of 25 percent from the first quarter of 2022.
  • NOV will hold a conference call to discuss its first quarter 2023 results on April 27, 2023 at 10:00 AM Central Time (11:00 AM Eastern Time).

Pagaya Announces Timing of First Quarter 2023 Earnings Release

Retrieved on: 
Wednesday, April 26, 2023

Pagaya Technologies (NASDAQ: PGY) intends to announce its first quarter 2023 earnings on May 16, 2023.

Key Points: 
  • Pagaya Technologies (NASDAQ: PGY) intends to announce its first quarter 2023 earnings on May 16, 2023.
  • A conference call to discuss those earnings will be held on the same day at 8:30 a.m.
  • Details to register for the live webcast presentation and dial-in information will be available on Pagaya’s IR website located at investor.pagaya.com .
  • The webcast replay will be available on the IR website following the conclusion of the event.

Integrated DNA Technologies Launches New Archer™ FUSIONPlex™ Core Solid Tumor Panel for Cancer Research

Retrieved on: 
Monday, April 17, 2023

Integrated DNA Technologies (IDT), a global genomics solutions provider, is supporting research labs worldwide with a new solution to optimize operational efficiency and the identification of solid cancer tumors.

Key Points: 
  • Integrated DNA Technologies (IDT), a global genomics solutions provider, is supporting research labs worldwide with a new solution to optimize operational efficiency and the identification of solid cancer tumors.
  • View the full release here: https://www.businesswire.com/news/home/20230417005033/en/
    Integrated DNA Technologies is supporting research labs worldwide with a new solution to optimize operational efficiency and the identification of solid cancer tumors.
  • The Archer FUSIONPlex Core Solid Tumor Panel provides a new approach to researchers looking for an alternative to current methods, which require running a minimum of two assays—one DNA- and one RNA-based—to address comprehensive profiling research.
  • The FUSIONPlex Core Solid Tumor Panel is a balanced pool of gene-specific primer (GSP) oligonucleotides targeting 56 genes.

net2phone Partners with Bridgepointe Technologies

Retrieved on: 
Tuesday, April 4, 2023

Newark, NJ, April 04, 2023 (GLOBE NEWSWIRE) -- net2phone, a leading cloud communications provider, today announced a strategic partnership with Bridgepointe, a leading tech advisory firm.

Key Points: 
  • Newark, NJ, April 04, 2023 (GLOBE NEWSWIRE) -- net2phone , a leading cloud communications provider, today announced a strategic partnership with Bridgepointe, a leading tech advisory firm.
  • Through the partnership, Bridgepointe will now offer its mid-market and enterprise clients net2phone’s cloud communications solutions to enhance user experience across channels.
  • “Bridgepointe is a sophisticated technology provider leading its industry’s shift to focus on enhancing the cross-channel user experience,” said Jonah Fink, President of net2phone.
  • “Their UX leadership aligns with net2phone’s strategic focus on leveraging the power of the cloud for seamless conversations across voice, text, chat, and email – and increasingly, on thoughtfully incorporating AI to optimize outcomes.”
    “We are pleased to add net2phone to our lineup of suppliers,” shared Gary Jacobs, Vice President, Operations and Sales Programs, Bridgepointe Technologies.