Failure to deliver

Allbirds Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

SAN FRANCISCO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Achieves Q3 2023 Guidance Targets; Delivers Continued Progress Under the Company’s Strategic Transformation Plan
    SAN FRANCISCO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the third quarter ended September 30, 2023.
  • “Our third quarter results reflect another quarter of solid execution under our Strategic Transformation Plan,” said Joey Zwillinger, Co-Founder and CEO.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the section titled “Reconciliation of GAAP to Non-GAAP Financial Measures” for our third quarter 2023 and 2022 results included in this press release.
  • Allbirds will host a conference call to discuss the results, followed by Q&A, at 5:00 p.m. Eastern Time today, November 8, 2023.

Bosch Power Tools Introduces 17 New Tools to the 18V Line, Continuing Longstanding Commitment to Enhanced Performance and Confidence on Jobsites

Retrieved on: 
Tuesday, October 3, 2023

MT. PROSPECT, Ill., Oct. 3, 2023 /PRNewswire/ -- Today, Bosch Power Tools, announced the launch of 17 new power tools, adding new innovations to the brand's growing CORE18V platform in 2023. The brand's latest offerings include new options within the oscillating multi-tool and grinder tool categories, designed to deliver skilled workers with enhanced efficiency on the jobsite.  

Key Points: 
  • PROSPECT, Ill., Oct. 3, 2023 /PRNewswire/ -- Today, Bosch Power Tools , announced the launch of 17 new power tools, adding new innovations to the brand's growing CORE18V platform in 2023.
  • table saw
    Genuine Bosch Attachment – Provides high quality designed exclusively for the Bosch GTS15-10 10-in.
  • deep into concrete
    Impact wrench design – Delivers power and control for tightening lag bolts, concrete anchors and lug nuts
    Power – Delivers 330ft.
  • For more information on Bosch Power Tools' latest innovations, visit our Press Room at pressroom.boschtools.com or connect with Bosch Power Tools on Facebook , Instagram and TikTok.

Allbirds Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 8, 2023

SAN FRANCISCO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Exceeds Q2 2023 Guidance Targets; Delivers Continued Progress Under the Company’s Strategic Transformation Plan
    SAN FRANCISCO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD), a global lifestyle brand that innovates with naturally derived materials to make better footwear and apparel products in a better way, today reported financial results for the second quarter ended June 30, 2023.
  • Gross profit totaled $30.1 million compared to $28.2 million in the second quarter of 2022, and gross margin increased to 42.8% compared to 36.1% in the second quarter of 2022.
  • Net loss was $28.9 million compared to $29.4 million in the second quarter of 2022, and net loss margin was 41.1% compared to 37.6% in the second quarter of 2022.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the section titled “Reconciliation of GAAP to Non-GAAP Financial Measures” for our second quarter 2023 and 2022 results included in this press release.

Campbell to Acquire Sovos Brands, Leader in High-Growth Premium Italian Sauces

Retrieved on: 
Monday, August 7, 2023

Campbell Soup Company (NYSE: CPB) and Sovos Brands, Inc. (Nasdaq: SOVO) today announced that the companies have entered into an agreement for Campbell to acquire Sovos Brands, Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion.

Key Points: 
  • Campbell Soup Company (NYSE: CPB) and Sovos Brands, Inc. (Nasdaq: SOVO) today announced that the companies have entered into an agreement for Campbell to acquire Sovos Brands, Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion.
  • The strategic transaction adds a high-growth, market-leading premium portfolio of brands to diversify and enhance Campbell’s Meals & Beverages division, providing a substantial runway for sustained profitable growth.
  • The flagship Rao’s brand, which represented approximately 69%4 of Sovos Brands adjusted net sales in fiscal 2022, grew organic net sales by 34.9%5 compared to the prior year.
  • The closing of the transaction is subject to Sovos Brands stockholder approval and customary closing conditions, including regulatory approvals.

AtScale Introduces Code-First Data Modeling Capabilities for Its Semantic Layer Platform

Retrieved on: 
Thursday, April 27, 2023

AtScale , the leading provider of semantic layer solutions for modern business intelligence and data science teams, today announced new capabilities within its semantic layer platform to support code-first data modelers including developers, analytics engineers, and data scientists.

Key Points: 
  • AtScale , the leading provider of semantic layer solutions for modern business intelligence and data science teams, today announced new capabilities within its semantic layer platform to support code-first data modelers including developers, analytics engineers, and data scientists.
  • These new capabilities tightly integrate with AtScale’s existing no-code visual modeling framework and provide flexibility to build and manage data models and metric definitions within the semantic layer using code-based modeling frameworks.
  • The AtScale semantic layer platform delivers a comprehensive data modeling solution that empowers organizations to achieve greater efficiency and productivity for their resource-constrained data teams.
  • With support for both visual and code-based modeling, AtScale enables collaboration among analytics engineers, BI teams, and data scientists in the data modeling process.

Noname Security Joins Intel Network Builders to Enhance Cybersecurity for Enterprise Customers

Retrieved on: 
Monday, April 24, 2023

SAN JOSE, Calif., April 24, 2023 /PRNewswire/ -- Noname Security, a leading provider of API security solutions, today announced that it had been accepted by Accelerated by Intel.

Key Points: 
  • Collaboration Delivers API Security Innovation to Public, Private, and Hybrid-Cloud Architectures
    SAN JOSE, Calif., April 24, 2023 /PRNewswire/ -- Noname Security , a leading provider of API security solutions, today announced that it had been accepted by Accelerated by Intel.
  • Our Accelerated by Intel solutions give you great experiences with Intel® technologies.
  • Noname Security's Sensor with Intel NetSec Accelerator Reference Design will allow customers to offload network and security tasks processing to the accelerator, preserving server resources for more generic operations.
  • "Noname Security is committed to helping organizations secure all their APIs, and partnering with Intel is a significant step in achieving that goal," said Oz Golan, CEO of Noname Security.

Iconium Software Releases DataLenz v1.3 for IBM zSystems

Retrieved on: 
Friday, June 3, 2022

NORMAN, Okla., June 3, 2022 /PRNewswire-PRWeb/ -- Iconium Software, the leading provider of geospatial security monitoring for IBM mainframe data, has announced the release of DataLenz 1.3 providing immediate access to indicators of compromise (IOCs) potentially saving IBM zSystems customers millions of dollars per year caused by security breaches. By presenting multiple complex data access points through a simple to use graphical interface, DataLenz quickly brings clarity to potential data threats permitting security personnel to act swiftly. Gone are the days of having to laboriously wade through reports trying to determine if a security breach occurred or not, let alone quickly take action.

Key Points: 
  • NORMAN, Okla., June 3, 2022 /PRNewswire-PRWeb/ -- Iconium Software, the leading provider of geospatial security monitoring for IBM mainframe data, has announced the release of DataLenz 1.3 providing immediate access to indicators of compromise (IOCs) potentially saving IBM zSystems customers millions of dollars per year caused by security breaches.
  • See DataLenz v1.3 in action and discover how quickly DataLenz can bring your mainframe data access into sharp focus.
  • See DataLenz v1.3 in action and discover how quickly DataLenz can bring your mainframe data access into sharp focus.
  • The Founders, Executive Team, and employees at Iconium Software are committed to providing the highest quality software to achieve the greatest advantage for each of our customers.