Q1

Asana Announces First Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, June 1, 2023

Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, today reported financial results for its first quarter fiscal 2024 ended April 30, 2023.

Key Points: 
  • Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for organizations, today reported financial results for its first quarter fiscal 2024 ended April 30, 2023.
  • Net Loss: GAAP net loss was $61.5 million, compared to GAAP net loss of $98.9 million in the first quarter of fiscal 2023.
  • For the second quarter of fiscal 2024, Asana expects:
    Revenues of $157.5 million to $158.5 million, representing year over year growth of 17%.
  • Asana has provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for its first quarter of fiscal 2024 non-GAAP results included in this press release.

Aequus Provides General Update and First Quarter 2023 Financial Highlights

Retrieved on: 
Wednesday, May 31, 2023

VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) -- Aequus Pharmaceuticals Inc. (TSX-V: AQS, OTCQB: AQSZF) (“Aequus” or the “Company”), a specialty pharmaceutical company with a focus on developing, advancing and promoting differentiated products, today reported financial results for the quarter ended March 31, 2023 (“First Quarter 2023”) and associated Company developments.

Key Points: 
  • VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) -- Aequus Pharmaceuticals Inc. (TSX-V: AQS, OTCQB: AQSZF) (“Aequus” or the “Company”), a specialty pharmaceutical company with a focus on developing, advancing and promoting differentiated products, today reported financial results for the quarter ended March 31, 2023 (“First Quarter 2023”) and associated Company developments.
  • “As anticipated, revenues for the quarter were reduced due to the completion of the Sandoz contract at the end of last year.
  • Aequus recorded a net loss of $744,323 for the three months ended March 31, 2023, which is 19% lower than the loss of $916,886 for the period ending March 31, 2022.
  • The Company realized a 132% increase in Evolve product sales during the three months ended March 31, 2023, relative to the prior year.

Gen Z Investors Love Crypto, Gold and Banking Stocks, According to New Apex Q1 2023 Investor Study

Retrieved on: 
Wednesday, June 7, 2023

The study utilizes data from Apex Fintech Solutions (“Apex”), the fintech for fintechs powering innovation and the future of digital wealth management.

Key Points: 
  • The study utilizes data from Apex Fintech Solutions (“Apex”), the fintech for fintechs powering innovation and the future of digital wealth management.
  • The study revealed trend-bucking data, including increased Gen Z demand for both gold and crypto as well as strong millennial interest in buying bank stocks amidst uncertainty in the banking industry.
  • View the full release here: https://www.businesswire.com/news/home/20230531005239/en/
    The top 30 tickers by generation in Q1 2023.
  • The following data refers to the rankings of the most commonly held securities at Apex by generation in Q1 2023.

EQS-News: 2G Energy AG increases factory output to EUR 81.0 million in Q1 (previous year: EUR 60.2 million)

Retrieved on: 
Saturday, May 27, 2023

2G Energy AG increases factory output to EUR 81.0 million in Q1 (previous year: EUR 60.2 million)

Key Points: 
  • 2G Energy AG increases factory output to EUR 81.0 million in Q1 (previous year: EUR 60.2 million)
    The issuer is solely responsible for the content of this announcement.
  • 2G Energy AG increases factory output to EUR 81.0 million in Q1 (previous year: EUR 60.2 million)
    Order backlog remains at peak level of around EUR 190 million (previous year: EUR 190 million)
    EBIT at EUR -0.2 million almost at breakeven (previous year: EUR -0.8 million)
    Heek, May 25, 2023 - 2G Energy AG (ISIN DE000A0HL8N9), one of the world’s leading manufacturers of Combined Heat and Power (CHP) systems, boosted sales in the first quarter by 40.8% to EUR 68.5 million (previous year: EUR 48.7 million).
  • EBIT also showed positive growth in the first quarter, approaching breakeven at EUR -0.2 million (previous year: EUR -0.8 million).
  • The shares of 2G Energy (ISIN DE000A0HL8N9) are listed in the “Scale” segment of the Frankfurt Stock Exchange.

SUPERIOR GOLD REPORTS FIRST QUARTER 2023 RESULTS

Retrieved on: 
Tuesday, May 23, 2023

The Plutonic Gold Operations produced and sold 14,437 and 14,351 ounces of gold, respectively, for the first quarter of 2023.

Key Points: 
  • The Plutonic Gold Operations produced and sold 14,437 and 14,351 ounces of gold, respectively, for the first quarter of 2023.
  • In comparison, 16,747 and 15,823 ounces of gold were produced and sold, respectively for the first quarter of 2022.
  • During the comparable quarter of 2022, open pit tonnes milled were sourced from the Plutonic East and Perch open pits.
  • Lower rates were planned for Q1 and Q2, 2023 with the Company ramping up to a target in excess of 2,100metres per quarter later in 2023 given the latest optimised mine planning and schedules.

SoLo Announces Regulatory Pathway bringing the Community Finance Platform back to California Residents

Retrieved on: 
Tuesday, May 9, 2023

LOS ANGELES, May 9, 2023 /PRNewswire/ -- Today, SoLo Funds, Inc. announces an agreement with the California Department of Financial Protection & Innovation, to resume operations in the State of California.

Key Points: 
  • LOS ANGELES, May 9, 2023 /PRNewswire/ -- Today, SoLo Funds, Inc. announces an agreement with the California Department of Financial Protection & Innovation, to resume operations in the State of California.
  • SoLo is based in Los Angeles with nearly 100 employees, and is bringing a fintech company to the market powered by real people helping people.
  • "It was a pleasure working with the consummate professionals at the California DFPI to identify a clear pathway for SoLo to serve our home state of California."
  • "We are delighted with the progress this team is making with state attorneys general, legislators, and regulators, to bring community finance to underserved and underbanked communities.

Luxshare Precision Announces 2022FY and 2023FYQ1 Financial Results

Retrieved on: 
Monday, May 8, 2023

On April 27, Luxshare Precision released its annual report for 2022 and its first quarter results for 2023.

Key Points: 
  • On April 27, Luxshare Precision released its annual report for 2022 and its first quarter results for 2023.
  • In the first quarter of 2023, Luxshare Precision kept its growth momentum, achieving operating revenue of RMB49.942 billion, representing a year-on-year increase of 20.05%.
  • In summary, Luxshare Precision is moving from a single business mode to a more diversified and comprehensive development.
  • Given the vast blue ocean market and great growth opportunities, it is believed that Luxshare Precision has a promising future.

Coherus BioSciences Reports First Quarter 2023 Financial Results and Business Highlights

Retrieved on: 
Monday, May 8, 2023

REDWOOD CITY, Calif., May 08, 2023 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus”, “the Company”, Nasdaq: CHRS), today reported financial results for the quarter ended March 31, 2023 and recent business highlights:

Key Points: 
  • Coherus anticipates potential FDA approval and commercial launch of toripalimab in the U.S. in Q3 2023.
  • The increase was primarily due to $1.3 million in restructuring charges from our reduction in force that occurred in the first quarter of 2023.
  • Coherus expects its 2023 net product revenue will exceed $275 million, including at least $100 million of CIMERLI® net revenue.
  • Coherus projects combined R&D and SG&A expenses for 2023 to be in the range of $315 to $335 million.

Silicon Valley Venture Capitalists' Confidence Rises in 2023 Despite Concerns about Banking and Other Regional Issues, New University of San Francisco Research Finds

Retrieved on: 
Thursday, May 4, 2023

SAN FRANCISCO, May 4, 2023 /PRNewswire-PRWeb/ -- The Silicon Valley Venture Capitalist Confidence Index™ for the first quarter of 2023, based on a March 2023 survey of 36 San Francisco Bay Area venture capitalists, registered 3.40 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence). The Q1 2023 Index rose from the prior quarter's reading of 3.25 but is still below the 19+ year average of 3.65.

Key Points: 
  • The Silicon Valley Venture Capitalist Confidence Index™ for the first quarter of 2023, based on a March 2023 survey of 36 San Francisco Bay Area venture capitalists, registered 3.40 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence).
  • SAN FRANCISCO, May 4, 2023 /PRNewswire-PRWeb/ -- The Silicon Valley Venture Capitalist Confidence Index™ for the first quarter of 2023, based on a March 2023 survey of 36 San Francisco Bay Area venture capitalists, registered 3.40 on a 5-point scale (with 5 indicating high confidence and 1 indicating low confidence).
  • The Q1 2023 Index rose from the prior quarter's reading of 3.25 but is still below the 19+ year average of 3.65.
  • Mark Cannice, professor of entrepreneurship and innovation with the University of San Francisco School of Management, authors the research study each quarter.

CEO Confidence Ticked Down Slightly in Q2

Retrieved on: 
Thursday, May 4, 2023

NEW YORK, May 4, 2023 /PRNewswire/ -- The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council declined slightly to 42 in Q2 2023, down from 43 in the first quarter of the year. The Measure is still below a reading of 50, which suggests CEOs remain largely pessimistic about what's ahead in the economy. (A reading below 50 reflects more negative than positive responses.) A total of 139 CEOs participated in the Q2 survey, which was fielded from April 10 through 24. 

Key Points: 
  • ) A total of 139 CEOs participated in the Q2 survey, which was fielded from April 10 through 24.
  • "After improving sharply to start the year, CEO confidence ticked down slightly in Q2 and remains firmly in negative territory," said Dana M. Peterson, Chief Economist of The Conference Board.
  • At the same time, CEO confidence remains appreciably higher than the depths seen last year.
  • CEOs' assessment of general economic conditions was slightly better in Q2:
    17% of CEOs said economic conditions were better compared to six months ago, slightly higher than 16% in Q1.