BETHESDA

Liquidity Services Announces Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, May 9, 2024
Net income, Person, Acceleration, Depreciation, CAG, GMV, ETR, RSCG, Growth, Tax, Procurement, Transaction, Acquisition, EPS, Adjustment, GAAP, Retail

BETHESDA, Md., May 09, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended March 31, 2024, as compared to the corresponding prior year quarter:

Key Points: 
  • Our fiscal third quarter 2024 outlook reflects the seasonally high activity at GovDeals, with year-over-year GMV growth expected to continue despite the potential for softer used vehicle market prices than last year.
  • Our RSCG segment expects to sustain similar volumes to this past fiscal second quarter’s record RSCG GMV.
  • AllSurplus Deals, our Retail consumer curbside pick-up marketplace, is expected to sustain strong year-over-year growth this coming quarter.
  • Our Retail segment continues to experience an inflow of lower value product mix that has dampened direct margins compared to last year and is expected to result in fiscal third quarter margins similar to this past fiscal second quarter.

Host Hotels & Resorts, Inc. Announces Pricing Of $600 Million Of 5.700% Senior Notes Due 2034, a Green Bond, By Host Hotels & Resorts, L.P.

Retrieved on: 
Tuesday, May 7, 2024
Debt-to-GDP ratio, Goldman Sachs, Sale, Prospectus, Host Hotels & Resorts, Offering, Weather, Policy, Sustainability, Suite, Security (finance), Madison Avenue, Host, Embassy Suites by Hilton, HST, LEED, Acquisition, BofA Securities, Wells Fargo, Annual report, Attention, Note

The Notes are Host L.P.’s senior unsecured obligations.

Key Points: 
  • The Notes are Host L.P.’s senior unsecured obligations.
  • The Offering is expected to close on May 10, 2024, subject to the satisfaction or waiver of customary closing conditions.
  • The estimated net proceeds of the Offering, after deducting the underwriting discount, original issue discount and fees and expenses, are expected to be approximately $584 million.
  • This press release contains information about pending transactions, and there can be no assurance that these transactions will be completed.

Host Hotels & Resorts Provides Updated First Quarter 2024 Investor Presentation

Retrieved on: 
Thursday, May 2, 2024
HST, Host Hotels & Resorts, Trust

BETHESDA, Md., May 02, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today provided an updated investor presentation for first quarter 2024 results.

Key Points: 
  • BETHESDA, Md., May 02, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust, today provided an updated investor presentation for first quarter 2024 results.
  • The investor presentation can be found on the Investor Relations section on the Company’s website at https://www.hosthotels.com/#key-investors-materials .

Eagle Bancorp to Attend the 26th Annual D.A. Davidson Financial Institutions Conference

Retrieved on: 
Thursday, May 2, 2024
EGBN, Conference, EagleBank

BETHESDA, Md., May 02, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank, today announced that Eric R. Newell, Executive Vice President and Chief Financial Officer of the Company, will attend the 26th Annual D.A.

Key Points: 
  • BETHESDA, Md., May 02, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank, today announced that Eric R. Newell, Executive Vice President and Chief Financial Officer of the Company, will attend the 26th Annual D.A.
  • Davidson Financial Institutions Conference on May 8-10, 2024, at the Broadmoor in Colorado.

HWH International Inc. enters into a joint venture to build its travel business in Asia

Retrieved on: 
Friday, April 26, 2024
JVC, Travel, HWH

Bethesda, MD, April 26, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. (“HWH”) (Nasdaq: HWH) announced today that it has entered into a joint venture through its subsidiary Health Wealth Happiness Pte Ltd. (“HWHPL”), with Mr. Chen Ziping (“Mr.

Key Points: 
  • Bethesda, MD, April 26, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. (“HWH”) (Nasdaq: HWH) announced today that it has entered into a joint venture through its subsidiary Health Wealth Happiness Pte Ltd. (“HWHPL”), with Mr. Chen Ziping (“Mr.
  • Chen”), an experienced entrepreneur in the travel industry, and Mr. Chan Heng Fai Ambrose, HWH’s Executive Chairman (“Mr.
  • This new joint venture is part of HWH’s strategy of building its travel business in Asia.
  • The joint venture company (referred to here as the “JVC”) will be known as HapiTravel Holding Pte.

Eagle Bancorp, Inc. Announces Results of Operations for First Quarter 2024

Retrieved on: 
Wednesday, April 24, 2024
Sale, Total, Federal Deposit Insurance Corporation, Risk, Bank, CRE, Annual report, EagleBank, Workplace, ACL, EGBN, FDIC, The Company, Video game

Pre-provision net revenue ("PPNR")1, a non-GAAP financial measure, was $38.3 million for the first quarter 2024, compared to $38.8 million for the prior quarter.

Key Points: 
  • Pre-provision net revenue ("PPNR")1, a non-GAAP financial measure, was $38.3 million for the first quarter 2024, compared to $38.8 million for the prior quarter.
  • Net loss was $338 thousand for the first quarter 2024, compared to net income of $20.2 million in the prior quarter, with PPNR of $38.3 million for the first quarter 2024, compared to $38.8 million for the prior quarter.
  • The net interest margin ("NIM") remained steady at 2.43% for the first quarter 2024, compared to 2.45% for the prior quarter.
  • Provision for credit losses was $35.2 million for the first quarter 2024, compared to $14.5 million for the prior quarter.

Gain Therapeutics Announces Positive Results from the Single Ascending Dose (SAD) Part of the Phase 1 Clinical Trial of GT-02287, a Novel GCase-Targeting Small Molecule Therapy for GBA1 Parkinson’s Disease

Retrieved on: 
Wednesday, April 24, 2024
Safety, Pharmacokinetics, AFL, Glucocerebrosidase, Index, Disease, SAD, MTD, Patient, GBA1, Biomarker, PD, Therapy, Plasma, Pharmaceutical industry

GT-02287 was generally well tolerated up to and including the highest planned dose level, and there were no serious adverse events.

Key Points: 
  • GT-02287 was generally well tolerated up to and including the highest planned dose level, and there were no serious adverse events.
  • The good safety and tolerability profile and the appropriate range of plasma exposure levels achieved after oral administration further bolster GT-02287’s best and first-in-class potential.
  • The Phase 1 clinical trial is a single center, randomized, double-blind, placebo-controlled, single- and multiple ascending dose (SAD/MAD) study to evaluate the safety and tolerability of GT-02287 administered orally once daily in healthy adults.
  • Based on these data, GT-02287 may have the potential to slow the progression of Parkinson’s disease.

iLearningEngines Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, April 22, 2024
Table, NDR, Adjustment, ARR, GAAP, Revenue stream, Growth

BETHESDA, Md., April 22, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines”, “ILE”, or “the Company”), a leader in AI-powered learning automation and information intelligence for corporate and educational use, today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • "The fourth quarter capped off a strong 2023,” said Harish Chidambaran, Chief Executive Officer of iLearningEngines.
  • “During 2023, we expanded our core markets, grew end customers and licensed users, achieved 36% revenue growth year-over-year, and reached $447 million of annual recurring revenue .
  • We are pleased to be carrying this business momentum into the first half of 2024.”
    Revenue – fourth quarter 2023 revenue of $116 million increased 39% year-over-year.
  • Adjusted EBITDA & Adjusted EBITDA Margin2 – Fourth quarter 2023 adjusted EBITDA of $10 million, and full year 2023 adjusted EBITDA of $23 million.

AACOM Releases Historic Statement After “Food As Medicine” Special Session

Retrieved on: 
Friday, April 19, 2024
Education, AACOM, Sustenance, CME, City, Human services, Health, Congress, Knowledge, White, Science, Senior counsel, Integration, Patient, Curriculum development, Physician, Food, Medicine, Faculty, Conditional sentence, Motivational interviewing, Osteopathy, Community, Student, Veterinary medicine

As physicians and osteopathic medical educators, it is imperative we recognize and embrace this shift,” said Robert Cain, DO, President and CEO of AACOM.

Key Points: 
  • As physicians and osteopathic medical educators, it is imperative we recognize and embrace this shift,” said Robert Cain, DO, President and CEO of AACOM.
  • Additionally, Congressional and Health and Human Services leaders are voicing support for community-oriented health solutions, another foundation of osteopathic medicine.
  • DO’s holistic approach is more relevant than ever and the osteopathic medical community in a uniquely qualified to lead this effort.
  • AACOM and its members are proud to lead the medical education profession in developing nutrition education that embodies the core principles of whole person health and wellness that characterize osteopathic medicine.

Nationwide Insurance to Showcase How they are Driving Proactive Risk Management Using iLearningEngines’ Enterprise AI Platform at the 2024 Insurance Innovators Conference

Retrieved on: 
Thursday, April 18, 2024
Safety, AI, Insurance, Nationwide Mutual Insurance Company, Risk management, Nationwide, Enterprise, Music City Center, Associate, Medical device

Mark McGhiey, Sr., the Associate Vice President of Loss Control Services at Nationwide, will discuss how Nationwide is using iLearningEngines’ Enterprise AI platform, among other tools, to power its comprehensive fleet risk management assessment program as well as how it uses AI to drive its client Training and Compliance programs.

Key Points: 
  • Mark McGhiey, Sr., the Associate Vice President of Loss Control Services at Nationwide, will discuss how Nationwide is using iLearningEngines’ Enterprise AI platform, among other tools, to power its comprehensive fleet risk management assessment program as well as how it uses AI to drive its client Training and Compliance programs.
  • “Our commitment has always been to make safety and risk management straightforward for our customers,” said McGhiey.
  • “In my three decades as a risk management professional, I’ve witnessed many shifts, but nothing compares to the revolutionary tide brought by AI,” added McGhiey.
  • “We’re not just riding the wave; we’re steering it towards a future where safety and risk management are more proactive, customized, and accessible than ever before.”
    To register for the Insurance Innovators 2024 event, please visit: https://insurance-innovators.com/events/usa/#tickets .