ERP

RM plc: Final Results

Retrieved on: 
Wednesday, April 10, 2024

RM plc (‘RM’), a leading global educational technology (‘EdTech’), digital learning and assessment solution provider, reports its full year results for the year ended 30 November 2023 and outlines its new strategic development programme following a fundamental review of the business by its newly established leadership team.

Key Points: 
  • RM plc (‘RM’), a leading global educational technology (‘EdTech’), digital learning and assessment solution provider, reports its full year results for the year ended 30 November 2023 and outlines its new strategic development programme following a fundamental review of the business by its newly established leadership team.
  • Strategic Portfolio Roadmap of RM developed IP, products and solutions delivered to accreditors, educators and directly to learners for adjacent solutions.
  • Continuing operations excludes the results of the RM Integris and RM Finance businesses which were sold on 31 May 2023 and have been included in discontinued operations.
  • Plans to further simplify group, de-leverage, return to growth, and enrich the RM products and solutions to greater profitability.

Lamb Weston Holdings, Inc. (LW) Plummets After Revealing ERP Infrastructure Problems – Hagens Berman

Retrieved on: 
Friday, April 5, 2024

The investigation concerns whether Lamb Weston adequately disclosed the business and financial impact of the company’s transition to a new enterprise resource planning system in North America.

Key Points: 
  • The investigation concerns whether Lamb Weston adequately disclosed the business and financial impact of the company’s transition to a new enterprise resource planning system in North America.
  • 4, 2024, Lamb Weston announced disappointing Q3 2024 financial results that widely missed consensus earnings and revenue estimates.
  • On this news, the price of Lamb Weston shares tanked $19.59, or down over 19% in a single trading day.
  • “We’re investigating whether Lamb Weston may have soft peddled the magnitude of the ERP transition's effect on the company’s financial performance and outlook,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

Investigation into Lamb Weston Underway: Johnson Fistel, LLP Digs into Alleged Securities Law Violations - What Shareholders Need to Know

Retrieved on: 
Thursday, April 4, 2024

SAN DIEGO, April 04, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Lamb Weston Holdings, Inc. (NYSE: LW) ("Lamb Weston" or "the Company").

Key Points: 
  • SAN DIEGO, April 04, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of securities laws by Lamb Weston Holdings, Inc. (NYSE: LW) ("Lamb Weston" or "the Company").
  • If you have purchased Lamb Weston securities and have experienced losses, we encourage you to join our investigation to potentially make claims and recover under federal securities laws.
  • What if I purchased Lamb Weston securities?
  • Following this news, Lamb Weston stock was 16% lower in early morning trading on April 4, 2024.

LuxAG partners with Arqit and Traxpay to finance digital negotiable instruments

Retrieved on: 
Wednesday, April 3, 2024

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), Traxpay GmbH (Traxpay) and Lux Kapitalmarkt Management AG (LuxAG), have entered into a trade and supply chain financing partnership for Lux AG to invest in digital negotiable instruments (DNIs), enabling businesses to use DNIs to get easy access to new pools of working capital.

Key Points: 
  • LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), Traxpay GmbH (Traxpay) and Lux Kapitalmarkt Management AG (LuxAG), have entered into a trade and supply chain financing partnership for Lux AG to invest in digital negotiable instruments (DNIs), enabling businesses to use DNIs to get easy access to new pools of working capital.
  • LuxAG is a Luxembourg based one-stop-shop service provider for capital market-oriented transactions, with a focus on the structuring and implementation of capital market-oriented transactions.
  • Arqit's first-of-its-kind technology delivers unique, referenceable and transferable digital finance instruments which have broad commercial application and enable businesses to get closer to pools of available liquidity and improve their cash flows.
  • Backed by Arqit’s robust security and Traxpay’s superior technology, we have the confidence to lend using digital negotiable instruments.

Redwood Logistics Partners with Velostics to Revolutionize Dock and Yard Management with Unified Scheduling

Retrieved on: 
Wednesday, April 3, 2024

CHICAGO, April 03, 2024 (GLOBE NEWSWIRE) -- Redwood Logistics (Redwood), one of the fastest growing modern fourth-party logistics (4PL) providers in North America, today announced a strategic partnership with Velostics, a logistics Software-as-a-Service (SaaS) provider specializing in unified scheduling of appointments, dock and yard scheduling and digitizing the gate in/out process for shippers, brokers, freight forwarders and end customers.

Key Points: 
  • CHICAGO, April 03, 2024 (GLOBE NEWSWIRE) -- Redwood Logistics (Redwood), one of the fastest growing modern fourth-party logistics (4PL) providers in North America, today announced a strategic partnership with Velostics, a logistics Software-as-a-Service (SaaS) provider specializing in unified scheduling of appointments, dock and yard scheduling and digitizing the gate in/out process for shippers, brokers, freight forwarders and end customers.
  • This collaboration aims to provide shippers with industry-leading 3-way scheduling solution for seamless dock and yard scheduling between carriers, shippers, and consignees, all seamlessly integrated into transportation management solutions (TMS).
  • "Redwood’s modern 4PL approach is a shared vision to revolutionize the industry by orchestrating logistics execution and supply chain technology."
  • The integration of Velostics' unified scheduling and yard scheduling solutions into any TMS, such as Oracle, MercuryGate, and BlueYonder, marks a pivotal step in streamlining logistics scheduling for carriers, consignees, and shippers, like ORBIS Corporation.

VirTra Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, April 2, 2024

CHANDLER, Ariz., April 01, 2024 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, reported results for the fourth quarter and full year ended December 31, 2023. The financial statements are available on VirTra’s website and here.

Key Points: 
  • “2023 was a year of substantial transformation, which culminated in a strong fourth quarter with revenue of $10.1 million – our third double-digit million revenue quarter in 2023.
  • Operating income increased by $0.7 million to $2.6 million from $1.9 million in the fourth quarter of 2022.
  • Adjusted EBITDA, a non-GAAP metric, was $1.7 million, compared to $1.9 million in the fourth quarter of 2022.
  • “In the fourth quarter we continued to grow our revenue while making improvements to our profitability metrics,” said VirTra CFO Alanna Boudreau.

Aemetis Implements Microsoft Dynamics(TM) ERP System to Support Current Operations and Expansion Projects

Retrieved on: 
Monday, April 1, 2024

CUPERTINO, CA, April 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced the design, installation and implementation of the Microsoft DynamicsTM enterprise resource planning (ERP) system worldwide for all Aemetis operations in the U.S. and India to support current operations and expansion projects.

Key Points: 
  • CUPERTINO, CA, April 01, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products, today announced the design, installation and implementation of the Microsoft DynamicsTM enterprise resource planning (ERP) system worldwide for all Aemetis operations in the U.S. and India to support current operations and expansion projects.
  • The tools and processes required to operate a global company, including manufacturing, supply chain, finance and accounting, are included in the Microsoft DynamicsTM ERP system.
  • The ERP system will enable both ongoing operations as well as multiple simultaneous construction projects.
  • Due to the expansion of these businesses, Aemetis plans growth to more than $1.9 billion of revenues and $645 million of EBITDA in the fifth year of the Aemetis Five Year Plan.

Sharecare announces fourth quarter and full year 2023 financial results and operational highlights

Retrieved on: 
Thursday, March 28, 2024

Net loss attributable to Sharecare of $34.2 million compared to net loss attributable to Sharecare of $24.1 million, an increase of $10.1 million.

Key Points: 
  • Net loss attributable to Sharecare of $34.2 million compared to net loss attributable to Sharecare of $24.1 million, an increase of $10.1 million.
  • There was a $14.2 million negative impact to revenue due to the elimination of nonperforming disputed contracts with a client in the fourth quarter of 2023.
  • Net loss attributable to Sharecare of $128.5 million compared to net loss attributable to Sharecare of $118.7 million, an increase to net loss of $9.8 million.
  • The Company will host a conference call to review the fourth quarter and full-year fiscal 2023 results today, Thursday, March 28, 2024, at 4:30 p.m. EDT.

Rubicon Organics Reports 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024

2023 and Subsequent Sales & Operational Highlights:

Key Points: 
  • 2023 and Subsequent Sales & Operational Highlights:
    Rubicon Organics has established high-quality partnerships for contract grow and co-manufacturing to complement our own premium production and to satisfy the increasing demand for our brands.
  • Simply Bare™ Organic launched infused pre-rolls under the Simply Bare™ Organic brand, including the “Layer J” in BC and Ontario in October 2023.
  • The Company appointed Margaret Brodie as permanent Chief Executive Officer and Janis Risbin as Chief Financial Officer.
  • Q4 2023 Financial and Market Share Highlights:
    For the three months ended December 31, 2023
    The Company will be hosting a conference call to discuss Q4 2023 results on Thursday, March 28, 2024.

Redwood Logistics Champions Successful Supply Chain Transformation for Placon

Retrieved on: 
Thursday, March 28, 2024

CHICAGO, March 28, 2024 (GLOBE NEWSWIRE) -- Redwood Logistics (Redwood), one of the fastest growing fourth party logistics (4PL) providers in North America, today announced the results of their seamless logistics transition for Placon, a top producer of consumer packaging products.

Key Points: 
  • CHICAGO, March 28, 2024 (GLOBE NEWSWIRE) -- Redwood Logistics (Redwood), one of the fastest growing fourth party logistics (4PL) providers in North America, today announced the results of their seamless logistics transition for Placon, a top producer of consumer packaging products.
  • Within the tight time frame of 90 days, Redwood leveraged its logistics execution expertise and technology solutions to orchestrate Placon's supply chain operations, generating considerable savings and significantly improving service delivery.
  • "An orchestrated and integrated supply chain isn't just a value-add in today's market—it's essential to gain a competitive advantage," added Mike Reed, Chief Product Officer at Redwood Logistics.
  • "By leveraging our 4PL approach to supply chain technology and logistics execution orchestration, Redwood provided Placon not just with a TMS solution, but with a strategic advantage that catalyzes business growth and resilience against disruptions."