Author: News Room

Reports Second Quarter of Positive GAAP Net Income Maintains Cost Efficient Operating Profile DALLAS, Nov. 14, 2024 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company that provides liquidity and related trust and custody services to holders of alternative assets, today reported its financial results for the fiscal 2025 second quarter, which ended September 30, 2024. Commenting on the fiscal 2025 second quarter results, Beneficient management said: “We are pleased to report our second consecutive profitable quarter as a public company, which we believe positions Ben as a leading solution for liquidity and primary…

LEANDER, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, announced the grand opening of its newest collection of homes, Travisso – Verona Collection, in the master-planned community of Travisso in Leander, Texas. The stunning new model home is now open at 4912 Carsoli Lane in Leander, showcasing the distinctive designs and exquisite craftsmanship that define Toll Brothers homes in this award-winning master plan. “The new Verona model home exemplifies the luxury and quality that home buyers will find in this new collection of homes at Travisso,” said Brandon Cooper, Division President…

NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) — Today, Sysco Corporation (NYSE:SYY), the world’s largest food distributor, presented a check for $10,000 to City Harvest, New York’s first and largest food rescue organization, to support the community where Sysco operates. Sysco’s donation is part of the company’s signature Nourishing Neighbors® program where a portion of the proceeds from each Sysco branded case sold in local communities is donated back to charitable organizations in those communities. This is an important time of year for food banks and pantries as they gear up to feed those in need this holiday season. Sysco…

MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) — For Fusion CBD Products, the “green gold rush” is just getting started. Ans as the company continues to expand its offering, it’s targeting a new demographic: dogs. They don’t have any spending power or money, but they’re lapping up Wiggles & Paws CBD treats and pet oil. Here’s why the company chose to move into providing CBD products for animals. Since launching its first line of flavored oils in 2018, Fusion CBD Products has been offering an ever-growing variety of CBD for sale online, including gummies, tinctures, rubs, coffee infusions and even sprays.…

TORRANCE, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS) the only pure-play, next-generation power semiconductor company and industry leader in gallium nitride (GaN) power ICs and silicon carbide (SiC) technology,  today announced participation in the upcoming Roth conference in New York.  13th Annual Roth Technology ConferenceNovember 19th & 20th 20251-on-1 meetings with Todd Glickman, CFO, and Stephen Oliver, VP Investor Relations.Hard Rock Hotel New York – 159 W 48th St, New York, NY 10036 To participate, please contact Roth Capital partners via [email protected]. About Navitas Navitas Semiconductor (Nasdaq: NVTS) is the only pure-play, next-generation power-semiconductor company, celebrating 10 years of…

Lheidli T’enneh Territory (Prince George, BC), Nov. 14, 2024 (GLOBE NEWSWIRE) — For Immediate ReleaseNovember 14, 2024 Public Safety Canada has awarded BCFNJC five years of funding to develop and run a pre-charge pilot program that will divert Indigenous people from entering the justice system and instead offer pathways to healing and support. Lheidli T’enneh Territory, Prince George, BC: The BC First Nations Justice Council (BCFNJC) is pleased to announce that a new pre-charge diversion pilot program in Prince George is in the initial stages of development with financial support through Public Safety Canada’s Northern and Indigenous Crime Prevention Fund (NICPF).…

SALT LAKE CITY, Nov. 14, 2024 (GLOBE NEWSWIRE) — omniQ Corporation (OTCMKTS: OMQS) (“omniQ” or “the Company”), reports third quarter 2024 revenue of $18.5 million, signifying 7.57% YoY growth, as well as significant decreases in operational expenses and net loss. FINANCIAL HIGHLIGHTS: Revenue: OMNIQ reported revenue of $18,549,000 for Q3 2024, a modest increase from $17,244,000 in Q3 2023, marking a 7.57% year-over-year growth.Operating Expenses: Decreased significantly to $4,934,000 in Q3 2024 from $6,631,000 in Q3 2023, showing effective cost management resulting in a 25.58% reduction.Net Loss: The Company reported a net loss of $1,599,000 in Q3 2024, significantly reduced…

MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) — Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its third quarter ended September 30, 2024. The Company has also posted the third quarter 2024 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company’s investor relations website. “The business has continued to take useful strides in Q3 2024 with further product updates, business streamlining and in the assessment of undertaking of the previously announced ‘strategic alternatives,’” remarked Stephen Hood, President and Chief Executive Officer of Motorsport Games.…

NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) — Visiting Media, the leader in hospitality sales enablement solutions, announced two strategic leadership transitions today. Founder and CEO Ben Powers steps into a newly created role as Chief Innovation Officer, while COO Jascha Kaykas-Wolff has been appointed as the company’s new CEO. This transition positions Visiting Media to deliver an even greater impact through customer-centric innovation, growth, and operational excellence. With over 20 years of experience in hospitality technology, Ben Powers has redefined the industry by founding Visiting Media and launching its groundbreaking TrueTour™ immersive selling software and SalesHub™ platform. As Chief…

RICHARDSON, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) — Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces a transformative partnership with Tū Ātea Limited, an Indigenous Aotearoa/New Zealand company dedicated to advancing Māori telecommunications. Through this collaboration, Tū Ātea will deploy Mavenir’s state-of-the-art 5G Converged Packet Core and Open Radio Access Networks (Open RAN) using Māori-owned spectrum assets. The partnership will drive the development of 4G and 5G small cell private networks and infrastructure-sharing across Aotearoa. By facilitating neutral hosting, Tū Ātea and Mavenir provide New Zealand’s network operators with shared, cost-effective infrastructure options to expand…