Weather

Bassett Announces Fiscal First Quarter Results

Retrieved on: 
Wednesday, April 3, 2024
Attention, Environment, Memorial, Climate, Wholesaling, BDC, Holiday, Housing, Suez Canal, Design studio, MLK, Club seating, Corporation, Weather, Interior design

As we once again compared to the inflated sales of the pandemic period, our consolidated sales dropped by 19.6% (14 weeks vs. 13 weeks) in the first quarter of fiscal 2024 compared to the first quarter of 2023.

Key Points: 
  • As we once again compared to the inflated sales of the pandemic period, our consolidated sales dropped by 19.6% (14 weeks vs. 13 weeks) in the first quarter of fiscal 2024 compared to the first quarter of 2023.
  • 80% of the products that invoiced in the quarter were manufactured in the U.S. and were shipped from a domestic facility.
  • Approximately 60% of wholesale revenue was derived from the combination of our corporate and licensed Bassett Home Furnishings retail stores.
  • In an effort to expand the reach of our dedicated distribution universe, Bassett introduced the new Bassett Design Studio concept in January.

Dave & Buster's Reports Fourth Quarter and Fiscal Year End 2023 Financial Results

Retrieved on: 
Tuesday, April 2, 2024
CSA, ROI, Growth, Dave & Buster's, Partnership, D&B, Line of credit, Adjustment, Investment, Annual report, Depreciation, Share repurchase, Central Time, Total, Weather, Video game

Adjusted EBITDA of $151.8 million, or 25.3% of revenue, in the quarter increased 9.7% from the fourth quarter of 2022.

Key Points: 
  • Adjusted EBITDA of $151.8 million, or 25.3% of revenue, in the quarter increased 9.7% from the fourth quarter of 2022.
  • The 14th week in the fourth quarter, also the 53rd week in the fiscal year, contributed $39.5 million in revenue.
  • The Company opened six new Dave & Buster's stores in the fourth quarter for a total of 16 new stores (11 Dave & Buster's and 5 Main Events) in fiscal 2023.
  • Fourth quarter 2023 pro forma combined comparable store sales compares the 14-week period of the fourth quarter of fiscal 2023 to the most comparable 14-week period of fiscal 2022 and 2019, respectively.

Parks! America Needs Experienced Operators; Lisa Brady, the Current CEO, Isn’t One, states Focused Compounding Fund, L.P. in Open Letter

Retrieved on: 
Tuesday, April 2, 2024
GM, Venn, Letter, Growth, Face, CFO, History, Running, Palace Entertainment, PARC Management, Thought, Compounding, Merchandising, Six Flags, Weather, Language, Marketing, Focused, Management

DALLAS, April 02, 2024 (GLOBE NEWSWIRE) -- Focused Compounding Fund, L.P. (“Focused Compounding”) raises concerns about Parks! America, Inc.’s (OTCPink: PRKA) (“Parks! America” or the “Company”) Chief Executive Officer, Lisa Brady, and her lack of operational skills in an open letter to the Parks! America’s Board of Directors, and advises stockholders that they have a choice on the future direction of the Company at the Company’s annual meeting scheduled for June 6, 2024. Focused Compounding urges stockholders to vote for Focused Compounding’s nominated director candidates. The full text of the letter follows.

Key Points: 
  • America” or the “Company”) Chief Executive Officer, Lisa Brady, and her lack of operational skills in an open letter to the Parks!
  • Why are Focused Compounding (long a passive and supportive stockholder) and this Board fighting such a vicious fight over Parks!
  • Lisa was snuck in the back door as a director (not a manager) long after Focused Compounding bought 17% of the Company.
  • The break between Focused Compounding and the current board began when Dale (an experienced operator) was maneuvered out as CEO and Lisa (a non-operator) was chosen as CEO.

Janover CEO Provides Letter to Shareholders

Retrieved on: 
Tuesday, April 2, 2024
Failure, Automation, Culture, Letter, SBA, Amazon, Trust, Coffee, Beauty, Small business, IPO, Great, Fintech, BOCA, Fed, Weather

BOCA RATON, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided the following letter to shareholders from the Company’s Chairman and CEO, Blake Janover:

Key Points: 
  • BOCA RATON, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform for commercial real estate transactions, today provided the following letter to shareholders from the Company’s Chairman and CEO, Blake Janover:
    Thank you for taking a moment to read my first shareholder letter to Janover public company investors.
  • 2023 was a monumental year for us as a business and for me personally as the Founder & CEO of our company.
  • I say our company because whether you own one share or, as is in my case, many, it’s ours.
  • Our organization will continue to build out a resilient mix of high-quality product offerings to drive value to our customers and as an extension, our shareholders.

Jorge Nocedal is the 2024 SIAM John von Neumann Prize Lecturer

Retrieved on: 
Tuesday, April 2, 2024
Physics, Uncertainty, Mathematics, KNITRO, Algorithm, Communication, Applied mathematics, Walter, Rice University, Mathematical sciences, Research, Continuous optimization, Textbook, Management science, Software, Electricity, Poverty, Argonne National Laboratory, Doctor of Philosophy, Astronomy, Industrial engineering, Machine learning, SIAM Fellow, Parent, UNAM, National Autonomous University, IEMS, Weather

Philadelphia, PA, April 02, 2024 (GLOBE NEWSWIRE) -- Jorge Nocedal, Northwestern University, has been awarded the 2024 John von Neumann Prize – the highest honor and flagship lecture of Society for Industrial and Applied Mathematics (SIAM) – in recognition of his fundamental work in nonlinear optimization, both in the deterministic and stochastic settings.

Key Points: 
  • Philadelphia, PA, April 02, 2024 (GLOBE NEWSWIRE) -- Jorge Nocedal, Northwestern University, has been awarded the 2024 John von Neumann Prize – the highest honor and flagship lecture of Society for Industrial and Applied Mathematics (SIAM) – in recognition of his fundamental work in nonlinear optimization, both in the deterministic and stochastic settings.
  • SIAM awards the John von Neumann Prize annually to an individual for outstanding and distinguished contributions to the field of applied mathematics and for the effective communication of these ideas to the community.
  • Learn more about SIAM’s John von Neumann Prize .
  • Nocedal will be awarded the John von Neumann Prize and deliver the associated lecture at the 2024 SIAM Annual Meeting , which will be held July 8-12, 2024, in Spokane, Washington.

Halving AI Token (HVAT) Defies Odds with Over 100% Surge, Emphasizing Its Innovative Merge of Bitcoin Halving and AI

Retrieved on: 
Monday, April 1, 2024
Bitcoin, Algorithm, Intelligence, AI, ICO, Miner, Optimism, Weather, Cryptocurrency

Instead, it employs advanced AI algorithms to determine the most opportune moments for its halving events based on real-time market data.

Key Points: 
  • Instead, it employs advanced AI algorithms to determine the most opportune moments for its halving events based on real-time market data.
  • For those interested in a cryptocurrency that goes beyond the norm, Halving AI Token offers a compelling proposition.
  • The presale dates for Halving AI Token (HVAT):
    Bitvortexhub.com's thorough project vetting process ensures only high-quality projects like Halving AI Token (HVAT) are given the green light.
  • Following the presale phase, Halving AI Token (HVAT) is anticipated to be listed on multiple prominent crypto platforms from July 2024.

Enservco Corporation Reports 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Monday, April 1, 2024
Conference, Acquisition, Bank statement, ENSV, Total, Weather, Video game

LONGMONT, Colo., April 01, 2024 (GLOBE NEWSWIRE) -- Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced its 2023 Fourth Quarter and full year financial results.

Key Points: 
  • We look forward to sharing more information on the transaction and quarter one results in a few weeks.”
    Total revenue in the fourth quarter came in at $6.5 million versus $6.5 million in the same quarter last year.
  • Adjusted EBITDA was positive $62,000 for the fourth quarter of 2024, versus negative $77,000 in the same quarter of the prior year.
  • ET to discuss its fourth quarter and full year 2023 operational and financial results.
  • Please reference the “Enservco Fourth Quarter and Full Year 2023 Earnings Conference Call”.

Foresight: Innovative Vision Technologies in Service of Israel’s Ministry of Defense

Retrieved on: 
Thursday, March 28, 2024
Research, Development, NESS, Blog, 3D, Foresight, Lidar, Ministry, Administration, Advanced technology, Weather

NESS ZIONA, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (“Foresight” or the “Company”), an innovator in automotive vision systems (Nasdaq and TASE: FRSX), published today a blog post titled "Revolutionizing Vision: The Evolution from LiDAR to Foresight's Advanced Technology in Defense Applications." The blog explores the stereo vision technology developed by Foresight, over traditional Light Detection and Ranging (LiDAR) systems, especially in defense applications.

Key Points: 
  • The blog explores the stereo vision technology developed by Foresight, over traditional Light Detection and Ranging (LiDAR) systems, especially in defense applications.
  • However, Foresight's innovative stereo vision technology emerges as a game-changer, especially valued by Israel’s Ministry of Defense for its enhanced operational effectiveness, cost efficiency, and strategic flexibility.
  • Foresight’s vision technology QuadSight® stereovision solution was recognized, last year, as a significant technological breakthrough by Israel’s Ministry of Defense.
  • The Ministry of Defense concluded that Foresight's passive stereo technology exceeded all requirements and declared it to be a significant technological breakthrough for defense applications.

Verde Announces Q4 and FY 2023 Results

Retrieved on: 
Thursday, March 28, 2024
Potassium chloride, Farmer, Central bank, FY, CNM, Risk, Global warming potential, History, ECLS, Carbon, Carbon dioxide, Fertilizer, Depreciation, Weather

SINGAPORE, March 28, 2024 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) announces its financial results for the full year ended December 31, 2023 (“FY 2023”) and the fourth quarter 2023 (“Q4 2023”), as audited by Ernst & Young (“EY”). The FY 2023 audited results were consistent with the interim results announced by the Company on January 26, 2024:

Key Points: 
  • Verde's revenue amounted to $37.9 million in FY 2023, a 53% decrease compared to the previous year, when potash prices reached record levels.
  • The Company reported a net loss of $6.0 million in FY 2023, compared to a net profit of $17.8 million in FY 2022.
  • Canadian dollar devaluated by 7% versus Brazilian Real in FY 2023 compared to FY 2022.
  • The Company will host a conference call on Tuesday, April 02, 2024, at 10:00 am Eastern Time, to discuss Q4 and FY 2023 results and provide an update.

CuraScientific Announces New Hydrogen Fuel Cell Product for 2025 - $200M Target Revenue for Residential Technology

Retrieved on: 
Thursday, March 28, 2024
Weather, Electricity, Stanford University, Wind, The Company, Research, Renewable energy

The new product unveiled by Sustainable Energy Group is poised to revolutionize residential solar systems by offering the ability to charge solar batteries at any time during the day, regardless of weather conditions or light availability.

Key Points: 
  • The new product unveiled by Sustainable Energy Group is poised to revolutionize residential solar systems by offering the ability to charge solar batteries at any time during the day, regardless of weather conditions or light availability.
  • This innovative technology combines battery storage with hydrogen fuel cells, providing consumers with a reliable and cost-effective solution for transitioning to a 100% clean electricity grid.
  • Sustainable Energy Group has set the summer of 2025 as the target for the rollout of its first-generation product for residential use.
  • Leveraging its craftsmanship, technical expertise, and state-of-the-art technology, SEG is committed to driving positive change in the alternative energy industry and accelerating the adoption of sustainable energy solutions.