KY

Grab Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, May 15, 2024
Share repurchase, Ecosystem, Fruit, Bank statement, Advertising, Growth, Enterprise, Financial services, GMV, Tutoring

On-Demand GMV grew 18% year-over-year, or 21% on a constant currency basis to $4.2 billion

Key Points: 
  • On-Demand GMV grew 18% year-over-year, or 21% on a constant currency basis to $4.2 billion
    SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2024.
  • Our push on affordability and reliability is pulling more people onto our platform and driving up order frequency.
  • We also continue to see our partner earnings trending up,” said Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab.
  • These reporting changes only affect segment allocation of our financial results and do not revise or restate our previously reported consolidated financial statements.

Churchill Downs Incorporated Opens Terre Haute Casino Resort Hotel in Terre Haute, Indiana

Retrieved on: 
Wednesday, May 15, 2024
Terre Haute, Indiana, Table, CHDN, CDI, Food, Casino

LOUISVILLE, Ky., May 15, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) today announced the opening of its new 122-room hotel and event center at Terre Haute Casino Resort.

Key Points: 
  • LOUISVILLE, Ky., May 15, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) today announced the opening of its new 122-room hotel and event center at Terre Haute Casino Resort.
  • Terre Haute Casino Resort offers regionally inspired food and beverage amenities including the Four Cornered Steakhouse, Rockwood Bar & Grill, The Soda Shoppe, Crossroads Center Bar and High Limit Bar.
  • “Terre Haute Casino Resort has already attracted thousands of visitors from the region to enjoy an unparalleled gaming experience,” said Bill Carstanjen, CEO of CDI.
  • “The opening of the new luxury hotel component furthers our commitment to bringing new vibrancy to Terre Haute with this premier entertainment destination and marks a significant milestone for Churchill Downs Incorporated.”
    The development of Terre Haute Casino Resort generated nearly 1,000 construction jobs and will continue to provide approximately 550 full-time and part-time jobs to the region.

Creative Realities Inc. plans its expansion into EMEA and announces its beta launch to EMEA Integrators in 2024

Retrieved on: 
Wednesday, May 15, 2024
Convenience, Restaurant, CMS, Food, Software as a service, CREX, QSR, Yearbook, Creative, Video game

LOUISVILLE, Ky., May 15, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (“Creative Realities”) (NASDAQ: CREX) a leading provider of cutting-edge digital signage and media solutions in North America, announces its development of a channel program tailored and targeted to the EMEA marketplace.

Key Points: 
  • LOUISVILLE, Ky., May 15, 2024 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (“Creative Realities”) (NASDAQ: CREX) a leading provider of cutting-edge digital signage and media solutions in North America, announces its development of a channel program tailored and targeted to the EMEA marketplace.
  • “Our enterprise-ready CMS platforms are purpose-built specific to these verticals and will be of value to integrators seeking robust, scalable, reliable and cloud-based solutions,” states company CEO Rick Mills.
  • What gives Creative Realities a razor-sharp competitive edge is the CMS platforms’ ease of use, robust functionality, and service that supports the offering.
  • Creative Realities was ranked one of the fastest growing digital signage software platforms in 2023 by Invidis Consulting.

dLocal Reports 2024 First Quarter Financial Results

Retrieved on: 
Tuesday, May 14, 2024
Cross, Share repurchase, Negotiation, Yoy, DLocal, Investment, DLO, Software as a service, Quarter, KYC, FX, Growth, TPV, Advertising, Commerce, Predictability, Adjustment, Video game

MONTEVIDEO, Uruguay, May 14, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology - first payments platform today announced its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Gross profit was US$63.0 million in the first quarter of 2024, up 2% compared to US$61.8 million in the first quarter of 2023 and down 10% compared to US$69.7 million in the fourth quarter of 2023.
  • As a result, gross profit margin was 34% in this quarter, compared to 45% in the first quarter of 2023 and 37% in the fourth quarter of 2023.
  • Net financial income was US$0.3 million, compared to US$1.4 million in the first quarter of 2023 and US$1.0 million in the fourth quarter of 2023.
  • During the first quarter of 2024, net income was mostly affected by lower EBITDA and higher tax rate.

The Impact of Cayman Enterprise City’s Socio-Economic Development Project Nears USD $1 Billion

Retrieved on: 
Tuesday, May 14, 2024
NPO, CEC, Enterprise, Employment, USD, Kirkconnell, Education, Creative industries

GRAND CAYMAN, Cayman Islands, May 14, 2024 (GLOBE NEWSWIRE) -- Cayman Enterprise City (CEC) has released a Socio-Economic Impact Assessment by Marla Dukharan .

Key Points: 
  • GRAND CAYMAN, Cayman Islands, May 14, 2024 (GLOBE NEWSWIRE) -- Cayman Enterprise City (CEC) has released a Socio-Economic Impact Assessment by Marla Dukharan .
  • The release by Dukharan reads, “Caymanian resourcefulness and private sector-led innovation have been the driving force behind the islands’ outstanding socio-economic success.
  • By offering training in specialised skills, Enterprise Cayman is helping to close the gap in higher education and earnings for Caymanians.
  • With CEC’s new campus and state-of-the-art facilities, Signal House , the project “holds the promise of deep, continued economic impact,” the report concludes.

SRIVARU (SVMH) Announces Successful Completion of EMC/EMI Testing for PRANA 2.0 Electric Vehicle

Retrieved on: 
Tuesday, May 14, 2024
Electromagnetic compatibility, Electromagnetic interference, EMI, GPS, EMC, Electronics

The PRANA 2.0, a cutting-edge performance electric vehicle (EV) engineered with a focus on value, is currently undergoing testing requirements mandated by the Central Motor Vehicles Rules (CMVR).

Key Points: 
  • The PRANA 2.0, a cutting-edge performance electric vehicle (EV) engineered with a focus on value, is currently undergoing testing requirements mandated by the Central Motor Vehicles Rules (CMVR).
  • The successful completion of EMC/EMI testing marks a pivotal advancement in this regulatory process.
  • Mohanraj Ramasamy, CEO of SRIVARU, commented, “This completion of EMC/EMI testing highlights our dedication to providing customers with high-quality, compliant electric vehicles.
  • With the completion of EMC/EMI testing, we believe we are one step closer to introducing this state-of-the-art electric vehicle to the market.”

Danimer Scientific Announces Steve Croskrey Retirement and Related Changes to the Company’s Board of Directors

Retrieved on: 
Monday, May 20, 2024
Technology, Manufacturing, Other Energy, Other Science, Other Technology, Research, Nanotechnology, Alternative Energy, Energy, Science, Chemicals, Plastics, Executive Committee, Danimer Scientific, Employment, Starbucks, PHA, Coffee, Interim, DNMR, Manager, Management

Mr. Croskrey has led Danimer through the process of becoming a public company by merging with Live Oak Acquisition Corp in 2020.

Key Points: 
  • Mr. Croskrey has led Danimer through the process of becoming a public company by merging with Live Oak Acquisition Corp in 2020.
  • The Board has appointed Richard J. Hendrix as Chairman, serving in that role upon Mr. Croskrey’s resignation as Chairman.
  • Mr. Hendrix also will serve as Interim Executive Chairman during the period of transition to identify a CEO to succeed Mr. Croskrey.
  • Additionally, the Board has formed an Executive Committee comprised of Mr. Hendrix, John Amboian, David Moody, and Mr. Croskrey.

Packsize Appoints Kellen Frey as Chief Operating Officer

Retrieved on: 
Monday, May 13, 2024
Senior, Growth, Research, Safety, Acquisition, Management

SALT LAKE CITY, May 13, 2024 /PRNewswire/ -- Packsize®, the leader in sustainable, right-sized, on-demand packaging, today announced that Kellen Frey has been appointed Chief Operating Officer.

Key Points: 
  • SALT LAKE CITY, May 13, 2024 /PRNewswire/ -- Packsize®, the leader in sustainable, right-sized, on-demand packaging, today announced that Kellen Frey has been appointed Chief Operating Officer.
  • Kellen Frey joined Packsize in 2016 as Vice President of Operations.
  • Before Packsize, Frey spent more than ten years in the medical device industry working for Zimmer Orthopedics in multiple capacities, including sales, sourcing, operations, logistics, distribution, and service.
  • "I'm thrilled to welcome Kellen Frey as our new Chief Operating Officer.

Appearance Technology Group Announces the Acquisition of BAF Industries

Retrieved on: 
Thursday, May 9, 2024
Aerosol, DIY, ATG, Wax, History, Soap, Family, Acquisition, RBL

FARMINGTON, Mich., May 9, 2024 /PRNewswire/ -- Appearance Technology Group ("ATG") announced the acquisition of BAF Industries ("BAF").

Key Points: 
  • FARMINGTON, Mich., May 9, 2024 /PRNewswire/ -- Appearance Technology Group ("ATG") announced the acquisition of BAF Industries ("BAF").
  • Founded in 1935, BAF is a leading manufacturer of branded, consumable car care liquid chemicals and specialty aerosols for professional and do-it-yourself ("DIY") users.
  • BAF offers a comprehensive portfolio of soaps, cleaners, degreasers, aerosols, waxes, polishes, compounds, and coatings sold under the PRO® brand.
  • Nathan Iverson, CEO of ATG, said, "BAF and its PRO® brand draw on a rich history and longstanding reputation within the professional detailing market.

Quipt Home Medical Corp. Announces Filing of Final Base Shelf Prospectus

Retrieved on: 
Thursday, May 9, 2024
Sale, Security (finance), TSX, Form, EDGAR, Register, Telephone

CINCINNATI, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, has filed and obtained a receipt for its final short form base shelf prospectus (the “Final Shelf Prospectus”) with the securities commissions in each of the provinces and territories of Canada, and a corresponding Amendment No.

Key Points: 
  • CINCINNATI, Ohio, May 09, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, has filed and obtained a receipt for its final short form base shelf prospectus (the “Final Shelf Prospectus”) with the securities commissions in each of the provinces and territories of Canada, and a corresponding Amendment No.
  • The Final Shelf Prospectus and corresponding Amended Registration Statement enable the Company to offer up to C$300,000,000 of common shares, preferred shares, debt securities, warrants to acquire any of the securities that are described in the Final Shelf Prospectus‎, subscription receipts, and units comprised of any one or more of any of the other securities that are described in the Final Shelf Prospectus‎, or any combination thereof (collectively, the “Securities”) at any time during the 25-month period that the Final Shelf Prospectus remains effective.
  • The Final Shelf Prospectus and corresponding Amended Registration Statement will enable the Company to access new capital or issue securities in connection with strategic acquisitions if and when needed.
  • A copy of the Final Shelf Prospectus is available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov , or may be obtained by request from the secretary of the Company at 1019 Town Drive Wilder, Kentucky, USA 41076, telephone: (859) 878-2220.