Fastlane

Bitcoin Depot Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, March 25, 2024

Gross Profit in the fourth quarter of 2023 was $17.9 million, up 23% from $14.6 million for the fourth quarter of 2022.

Key Points: 
  • Gross Profit in the fourth quarter of 2023 was $17.9 million, up 23% from $14.6 million for the fourth quarter of 2022.
  • Gross Profit margin in the fourth quarter of 2023 was 12.1% compared to 9.8% in the fourth quarter of 2022.
  • Total operating expenses were $17.0 million for the fourth quarter of 2023, compared to $14.8 million for the fourth quarter of 2022.
  • Net loss for the fourth quarter of 2023 was $1.5 million, compared to a net loss of $0.5 million for the fourth quarter of 2022.

Vance Street's Wytech Strengthens Precision Grinding Capabilities with Silvertip Acquisition

Retrieved on: 
Wednesday, April 3, 2024

These companies seek supply chain partners knowledgeable in materials and processes who can engineer solutions to improve their internal production efficiencies.

Key Points: 
  • These companies seek supply chain partners knowledgeable in materials and processes who can engineer solutions to improve their internal production efficiencies.
  • Silvertip expands Wytech and Mountain Manufacturing's capability for new ground mandrels and ensures fast response to the market's R&D needs," said Michael Janish, Managing Partner at Vance Street Capital.
  • Silvertip and Dale Peterson's team have also demonstrated unique know-how for grinding advanced materials, complementing Mountain Manufacturing and Wytech's expertise in stainless and Nitinol grinding.
  • We are very excited to leverage this partnership with Silvertip to expand our FastLane material store and offer these advanced materials by Q3," said Tom Berg, President of Mountain Manufacturing.

SpartanNash Foundation Celebrates 40-Year Partnership with Special Olympics, Launches In-Store Fundraiser to Support Athletes

Retrieved on: 
Wednesday, March 20, 2024

GRAND RAPIDS, Mich., March 20, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) will host its annual fundraising campaign through the SpartanNash Foundation, supporting athletes, raising awareness for Special Olympics, and helping fund its State Summer Games in nine states. The in-store fundraiser will run today through March 31.

Key Points: 
  • "As a People First company, we're proud to support an organization that cultivates a community of strength, support and unity."
  • The SpartanNash Foundation has raised more than $10.1 million for Special Olympics throughout its 40-year partnership, and SpartanNash Associates have volunteered tens of thousands of hours to the non-profit.
  • In addition, SpartanNash employs more than 25 Special Olympics athletes who have served guests for a combined 157 years at Company-operated grocery stores.
  • Donations will support Special Olympics athletes in Indiana, Iowa, Michigan, Nebraska, North Dakota, Ohio, South Dakota, Minnesota and Wisconsin.

Perspectives on Leadership, Overcoming Adversity and Meeting Global Challenges are Keynote Themes at AICPA & CIMA ENGAGE 2024

Retrieved on: 
Wednesday, March 20, 2024

Wolff's topic is "Accelerating Excellence: Peak Performance & Leadership in the Fast Lane."

Key Points: 
  • Wolff's topic is "Accelerating Excellence: Peak Performance & Leadership in the Fast Lane."
  • In addition, AICPA President and CEO Barry Melancon and Carla McCall, currently vice chair of the AICPA, will give an update on the profession in an interview-format session.
  • Susan Coffey, the AICPA's CEO of public accounting, will talk about efforts by the AICPA and profession at large to address the accounting talent shortage.
  • Reporters interested in covering ENGAGE, either remotely or in person in Las Vegas, can contact Jeff May, [email protected] , to obtain press credentials.

HP Unveils Program Enhancements for Partners including New AI MasterClass Training & Certification

Retrieved on: 
Wednesday, March 6, 2024

LAS VEGAS, March 06, 2024 (GLOBE NEWSWIRE) -- Today at the Amplify Partner Conference, HP Inc. (NYSE: HPQ) announced new groundbreaking benefits aimed at accelerating partner growth through the Amplify™ Partner Program. New benefits include the industry’s first role-based artificial intelligence (AI) partner training and certification program, together with a new Growth Play opportunity, tailored for AI Data Science. Powered by HP’s broad portfolio of >100 AI-enabled solutions and the company’s Future Ready strategy, HP is unlocking new opportunities alongside partners to support long-term sustained growth.

Key Points: 
  • New benefits include the industry’s first role-based artificial intelligence (AI) partner training and certification program, together with a new Growth Play opportunity, tailored for AI Data Science.
  • Together we have the Future Ready portfolio, operations, and partners to win.”
    AI is rapidly unlocking new market expansion and operational possibilities for HP and partners, accelerating partner execution, and optimizing customer experiences.
  • Subsequent releases, involving further Alliance Partners, aim to consistently augment the expertise and capabilities of HP Amplify partners, enabling them to stay ahead in the swiftly changing AI landscape.
  • Based on valuable insights and feedback from its global 1 partner community, HP continues to enhance capabilities within the Amplify program.

BigCommerce Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024

AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • AUSTIN, Texas, Feb. 22, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced financial results for its fourth quarter and fiscal year ended December 31, 2023.
  • Average revenue per account (ARPA) of enterprise accounts was $40,891, up 6% compared to the fourth quarter of 2022.
  • We reported free cash flow of $12.2 million
    Fiscal Year 2023 Financial Highlights:
    Total revenue was $309.4 million, up 11% compared to fiscal year 2022.
  • These items are not within our control and may vary greatly between periods and could significantly impact future financial results.

PayPal and Venmo Unveil Six New Innovations to Revolutionize Commerce

Retrieved on: 
Thursday, January 25, 2024

SAN JOSE, Calif., Jan. 25, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced six new innovations the company is piloting and bringing to market this year to revolutionize commerce through artificial intelligence (AI) driven personalization for both merchants and consumers. During the PayPal First Look keynote, Alex Chriss, President and CEO, introduced: a completely new PayPal checkout experience that radically speeds up check out for consumers and helps merchants convert transactions like never before; Fastlane by PayPal, a dramatically faster and smarter guest checkout experience; Smart Receipts, giving customers AI-personalized recommendations from merchants to keep them coming back; the PayPal advanced offers platform so merchants can provide relevant, personalized, real-time offers to consumers and drive more sales; a reinvented PayPal consumer app giving shoppers new ways to earn cash back and more reasons to use PayPal; and, Venmo's enhanced business profiles, so small businesses can find and engage new customers, and grow their businesses.

Key Points: 
  • "PayPal is on a mission to revolutionize commerce, globally, and today we are starting the next chapter," said Alex Chriss, President and CEO, PayPal.
  • Chriss continued, "PayPal is introducing six new innovations that will not only solve real customer pain points, but we believe will change the world of payments and commerce.
  • PayPal is also reinventing the PayPal app to give loyal customers even more reasons to shop and pay with PayPal every day.
  • PayPal CashPass users will also be able to stack with other PayPal rewards such as cash back from the PayPal Cashback Mastercard® .

New Interconnection Process Reaches Next Milestone

Retrieved on: 
Thursday, December 21, 2023

VALLEY FORGE, Pa., Dec. 21, 2023 /PRNewswire/ -- PJM's reformed interconnection process has reached another landmark and is expected to clear 300 new generation projects totaling 26,000 MW in 2024, marking significant progress in the integration of renewables and other generation in the nation's largest electric grid.

Key Points: 
  • "Interconnection process reform is delivering on the commitment made by PJM and its stakeholders to speed the study process for the thousands of new generation projects to connect with the PJM grid," said Ken Seiler, Sr. Vice President of Planning.
  • PJM's new interconnection process was implemented in July, with 734 projects eligible to be evaluated in the first step.
  • PJM's interconnection process reform, widely supported by stakeholders, was approved by the Federal Energy Regulatory Commission in November 2022.
  • PJM's transition to its new interconnection process sets the stage for more than 260,000 MW of mostly renewable projects to be studied over the next three years.

Quelliv Poised to Expand Its Position in the Health & Wellness Industry

Retrieved on: 
Wednesday, November 29, 2023

NEW YORK and SARASOTA, Fla., Nov. 29, 2023 /PRNewswire-PRWeb/ -- Quelliv, a leading tech-fusion health and wellness company that provides non-invasive laser therapy, today announced the selection of Fastlane as its agency of record (AOR). Fastlane is a full-service, independent branding, digital marketing, and strategic communications firm focusing on healthcare and other industries.

Key Points: 
  • Fastlane is a full-service, independent branding, digital marketing, and strategic communications firm focusing on healthcare and other industries.
  • "At Quelliv, we've developed a suite of next-gen treatments through our premium-patented technology that is revolutionizing how our clients interact and move forward in their health journey."
  • "In short, Quelliv is well positioned to break out and become a leader and regular destination of choice for those taking their overall health and wellness into their own hands."
  • To learn more about Quelliv, its technology, and the treatments they offer, visit www.quelliv.com or follow them on Linkedin and Instagram .

MADO Energy Selects Fastlane as its Marketing Agency of Record

Retrieved on: 
Monday, November 20, 2023

NEW YORK and ATLANTA, Nov. 20, 2023 /PRNewswire-PRWeb/ -- MADO Energy, a trailblazing beverage company producing the world's first energy drink in the U.S. with natural Astaxanthin, today appointed Fastlane as its marketing agency of record. Fastlane is a full-service, independent branding and growth marketing firm with a proven track record of success in the food and beverage as well as health and wellness industries, among others.

Key Points: 
  • NEW YORK and ATLANTA, Nov. 20, 2023 /PRNewswire-PRWeb/ -- MADO Energy , a trailblazing beverage company producing the world's first energy drink in the U.S. with natural Astaxanthin, today appointed Fastlane as its marketing agency of record.
  • Introducing an alternatively formulated energy drink, MADO melds a holistic, better-for-you approach to energy consumption with on-the-go convenience.
  • As a result, MADO delivers a boost to consumers' immediate energy levels as well as long-term wellness benefits.
  • "Think of a charge with boosted benefits and stimulation but without the crash… that's MADO," stated Salim Mekhmoukh, CEO of MADO Energy.