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Quantum Provides Updated Plan to Nasdaq - Fintech News
SAN JOSE, Calif.–(BUSINESS WIRE)–Quantum Corporation (Nasdaq: QMCO) (“Quantum” or the “Company”), a leader in solutions for AI and unstructured data, today provided an update related to the Company’s efforts to become current with its SEC financial reports. As previously announced on April 12, 2024, The Nasdaq Stock Market LLC (Nasdaq) granted Quantum’s request to stay […]
$27.8+ Billion Precision Agriculture Markets: Field Mapping, Seeding & Spraying, Crop Monitoring - Global Forecast to 2031 - ResearchAndMarkets.com - Fintech News
DUBLIN–(BUSINESS WIRE)–The “Global Precision Agriculture Market by Offering (Hardware, Software, Services), Technology (Variable Rate, Guidance, Remote Sensing, Others), Application (Field Mapping, Seeding & Spraying, Crop Monitoring, Others), & Geography – Forecast to 2031” report has been added to ResearchAndMarkets.com’s offering. The precision farming market is projected to reach $27.81 billion by 2031, at a CAGR […]
Digital vehicle wallets shift connected car payments into overdrive - Fintech News
The golden rule for payments is to put yourself in the end users’ place. That’s because in payments, as in life and business, innovation is the key to unlocking new realms of convenience and efficiency — and innovation can only scale if it gives end users what they want. That’s why PYMNTS sat down […]
IDC Forecasts Slower Growth for Global Telecommunications Services Market: Could AI Help Telcos to Maintain Healthy Margins? - Fintech News
NEEDHAM, Mass.–(BUSINESS WIRE)–#Data–Worldwide spending on Telecom Services and Pay TV Services reached $1,509 billion in 2023, an increase of 2.1% over 2022, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects worldwide spending on Telecom and Pay TV services will increase by 1.4% in 2024 and reach a total of […]
AnalytixInsight Announces Delay in Filing Its Annual Audited Financial Statements and Interim Court Order - Fintech News
TORONTO–(BUSINESS WIRE)–$ALY.V #AI–AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY) announced today that, further to its press release dated April 23, 2024 (the “Default Announcement”), the Company failed to file its audited financial statements for the year ended December 31, 2023 and the related Management’s Discussion and Analysis and the certifications related to such filings […]
Core Scientific, Inc. Schedules First Quarter Fiscal Year 2024 Earnings Release, Conference Call and Webcast - Fintech News
AUSTIN, Texas–(BUSINESS WIRE)–$CORZ #aicloud—Core Scientific, Inc. (NASDAQ: CORZ) (“Core Scientific” or “the Company”), a leader in bitcoin mining and application-specific digital infrastructure for emerging high-value compute, today announced it will issue financial results for the Company’s first quarter fiscal year 2024 after financial markets close on Wednesday, May 8, 2024. Management will host a conference […]
Meme Coins crash in sync with Crypto market: Here’s why - Fintech News
The meme-based crypto sector nabbed significant attention today, noting a slump in the majority of the tokens’ prices. DOGE, SHIB, & PEPE prices slip considerably. Here’s an overview of potential reasons. By Coingape Staff The meme coin sector slumped remarkably today, aligning with broader market trends. Shiba Inu price slips as bearish on-chain data pulls the […]
Grid Dynamics Reports First Quarter 2024 Financial Results - Fintech News
Revenue of $79.8 million and GAAP Net Loss of $3.9 million SAN RAMON, Calif.–(BUSINESS WIRE)–Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics” or “Company”), a leader in enterprise-level digital transformation, today announced results for the first quarter ended March 31, 2024. We are very pleased to report the first quarter 2024 revenues of $79.8 million […]
Ault Alliance Regains Compliance with NYSE American Continued Listing Standards - Fintech News
LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that on May 1, 2024, the NYSE American LLC (“NYSE American”) notified the Company that the Company had successfully regained compliance with the NYSE American’s continued listing standards related to a low selling price set […]
BigBear.ai Announces First Quarter 2024 Results - Fintech News
Closed the acquisition of Pangiam in an all-stock transaction, combining BigBear.ai’s computer vision capabilities with facial recognition, image-based anomaly detection and advanced biometrics. Cash balance of $81.4 million as of March 31, 2024. Affirming full-year 2024 revenue guidance of $195 – $215 million. COLUMBIA, Md.–(BUSINESS WIRE)–BigBear.ai Holdings, Inc. (NYSE: BBAI) (“BigBear.ai” or the “Company”), a […]
KLDiscovery Takes Steps to Strengthen Balance Sheet and Long-Term Financial Foundation - Fintech News
Reaches agreement in principle with debenture holders and term loan lender to reduce debt Strong capital structure will support KLDiscovery’s growth model and investment in market-leading client solutions Transaction expected to close in the near term EDEN PRAIRIE, Minn.–(BUSINESS WIRE)–#KLD–KLDiscovery Inc. (“KLDiscovery” or the “Company”), a global leader in data management, information governance, eDiscovery, and […]
WEX to Present at Upcoming Investor Conferences - Fintech News
PORTLAND, Maine–(BUSINESS WIRE)–WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that it will present at the following upcoming investor conferences: On Wednesday, May 15, WEX’s Senior Vice President of Global Investor Relations, Steve Elder, will present at the Barclays Emerging Payments and FinTech Forum at […]
XTM Announces Receipt of MCTO - Fintech News
TORONTO–(BUSINESS WIRE)–XTM Inc. (“XTM” or the “Corporation”) (QB: XTMIF / CSE: PAID / FSE: 7XT) announced today that further to its application to the Ontario Securities Commission (the “OSC“) for a management cease trade order (“MCTO”) to be imposed in respect of its delay in filing its audited annual financial statements, management’s discussion and analysis, […]
Informatica Reports First Quarter 2024 Financial Results - Fintech News
Cloud Subscription Annualized Recurring Revenue (ARR) increased 35% year-over-year to $653 million Subscription ARR increased 13% year-over-year to $1.16 billion Exceeds mid-point of guidance across all first quarter 2024 metrics REDWOOD CITY, Calif.–(BUSINESS WIRE)–Informatica (NYSE: INFA), an enterprise cloud data management leader, today announced financial results for its first quarter 2024, ended March 31, 2024. […]
Is Bitcoin slipping back toward a bear market? - Fintech News
The price of BTC has fluttered downward since flying higher than ever a month ago. How low could it go? By Mat Di Salvo Bitcoin is being weird again. Last month, it touched a new all-time high of nearly $74,000 per coin. Now, after having dropped hard and fast, the biggest digital coin is trading for $61,655. One […]
Milrem Robotics’ Advanced Combat Support UGV Showcased at Defense Services Asia - Fintech News
KUALA LUMPUR, Malaysia–(BUSINESS WIRE)–#airtransport–Milrem Robotics, Europe’s leading robotics and autonomous systems developer, is to introduce its most advanced autonomous combat support unmanned ground vehicle (UGV), THeMIS, at the Defense Services Asia (DSA) exhibition in Kuala Lumpur. The THeMIS UGV is an operationally proven multi-role UGV that considerably enhances combat effectiveness while reducing manpower requirements. These […]
Greenidge Generation Announces Preliminary Financial and Operating Results for the First Quarter 2024 and Release of Investor Presentation - Fintech News
Select Results Include Q1 Adjusted EBITDA of $2.1 million to $3.1 million and Loss Per Share of $0.33 to $0.43 Company Reports Second Consecutive Quarter of Positive Cash Flow DRESDEN, N.Y.–(BUSINESS WIRE)–Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for […]
North American Chemical Firms Update IT for Age of Change - Fintech News
Companies partner with providers on digital technologies to accelerate innovation, take on geopolitical, business and sustainability issues, ISG Provider Lens™ report says STAMFORD, Conn.–(BUSINESS WIRE)–$III #AI–North American chemical companies are increasing their adoption of digital technologies in the face of growing IT and business challenges, according to a new research report published today by Information […]
Bitcoin price could fall to $50,000 - Fintech News
Standard Chartered sees Bitcoin falling to $50,000 near-term amid outflows and tight liquidity, but maintains a bullish long-term outlook with a $150,000 target for 2024. By VIVEK SEN Major global bank Standard Chartered believes the Bitcoin price could see further downside to around $50,000, according to recent comments. Geoffrey Kendrick, head of forex and digital […]
New Blockchain-Based, Generative AI, Interpersonal Platform from Twin Protocol a Leap Forward in Knowledge Sharing - Fintech News
First Phase of Platform Launches Today, Delivering Secure, AI-Enabled Audio Communication with Voice Twins SEATTLE–(BUSINESS WIRE)–Twin Protocol today unveils the first phase of a multi-tiered rollout of its breakthrough AI twin platform. The brainchild of Seattle business leader and AI-industry trailblazer, Stacey Engle, and veteran blockchain entrepreneur and Chief Strategy Officer, Bill Inman, Twin Protocol […]
New AI-Driven Insights Reveal Small Business Owners Are Bullish Despite Constricted Spending - Fintech News
Entrepreneurial optimism remains strong across generations, sustained by technology and good purpose. SACRAMENTO, Calif.–(BUSINESS WIRE)–#ClutchEntrepreneurialTracker–Clutch, a distinguished women-owned consulting services firm dedicated to helping small business entrepreneurs and government organizations grow, launched its first inaugural Clutch Entrepreneur Tracker. This quarterly data analysis evaluates the emotional state of entrepreneurial spending, highlighting key reasons driving the rampant […]
Itron Enhances Temetra® Platform to Maximize Business Value for Water Utilities in Australia and New Zealand - Fintech News
Temetra, With the Addition of Cellular NB-IoT Communications, Enables Utilities to Streamline Operations with an Enhanced Data Management Platform LIBERTY LAKE, Wash.–(BUSINESS WIRE)–#Australia–Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, has expanded the capabilities of its Temetra® platform in Australia and New Zealand to include […]
Black Hat Asia 2024 Showcases Latest Cybersecurity Findings at Singapore Event - Fintech News
Event featured Keynote presentations from Singapore’s first Commissioner of Cybersecurity and Singapore’s Chief Artificial Intelligence (AI) Officer SINGAPORE–(BUSINESS WIRE)–Black Hat, the cybersecurity industry’s most established and in-depth security event series, today announced the successful completion of the in-person component of Black Hat Asia 2024. The event welcomed more than 3,000 unique attendees joining in-person from […]
LexFusion Enhances Legal Spend Optimization with LegalBillReview.com Partnership - Fintech News
NEW YORK–(BUSINESS WIRE)–#Corporate—LexFusion, the leading legal tech and innovation accelerator, is excited to welcome LegalBillReview.com to its portfolio in order to better support law department spend optimization. In an era of ever more complex tools, LegalBillReview.com is a simple, effective and highly professional service, proven to help in house legal departments materially reduce spend while […]
VideoAmp Bolsters Commercial Growth Leadership Team with Key Hires and Promotions - Fintech News
NEW YORK–(BUSINESS WIRE)–VideoAmp, a leading media measurement company revolutionizing advertising, today announced the strategic expansion of its senior Commercial Growth leadership team. The company will be bolstering its Agency and Advertiser efforts with the addition of three, key new hires: Amy Madden as Senior Vice President, Revenue and Growth; Jeff Schmidt as Senior Vice President […]
Acadia Realty Trust Reports First Quarter Operating Results - Fintech News
GAAP Net Earnings of $0.03 FFO Before Special Items of $0.33 Same-Property NOI Growth of 5.7% Driven by the Street Portfolio Street Rent Spreads of 37% (16% Overall Core Portfolio) RYE, N.Y.–(BUSINESS WIRE)–Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended March 31, 2024. For the quarter […]
MVB Financial Corp. Announces First Quarter 2024 Results - Fintech News
FAIRMONT, W.Va.–(BUSINESS WIRE)–#banking–MVB Financial Corp. (NASDAQ: MVBF) (“MVB Financial,” “MVB” or the “Company”), the holding company for MVB Bank, Inc. (“MVB Bank”), today announced financial results for the first quarter of 2024, with reported net income of $4.5 million, or $0.35 basic and $0.34 diluted earnings per share. First Quarter 2024 Highlights As Compared to […]
Global Industrial IoT (IIoT) Market Report 2024: Market Revenue Data for 2022-2023, Forecasts for 2024-2026 and CAGR Projections through 2028 - ResearchAndMarkets.com - Fintech News
DUBLIN–(BUSINESS WIRE)–The “Industrial IoT (IIoT): Global Markets” report has been added to ResearchAndMarkets.com’s offering. The global market for IIoT is estimated to increase from $147.2 billion in 2023 to reach $391.8 billion by 2028, at a compound annual growth rate (CAGR) of 21.6% from 2023 through 2028. Definitive and detailed estimates and forecasts of the […]
Logitech Announces Q4 and Full Fiscal Year 2024 Results - Fintech News
Logitech Returns to Growth With Strong Fourth Quarter; Company Announces FY 2025 Outlook LAUSANNE, Switzerland & SAN JOSE, Calif.–(BUSINESS WIRE)–SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full Fiscal Year 2024 ended March 31, 2024. For […]
reAlpha Tech Corp. Launches Claire, Real Estate’s First AI-powered, Zero-Commission Smart Buyer’s Agent - Fintech News
Claire guides homebuyers through every step of their journeys, from property search to closing the deal DUBLIN, Ohio–(BUSINESS WIRE)–reAlpha Tech Corp. (“reAlpha”) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the launch of Claire, the real estate industry’s first generative AI-powered, zero-commission Smart Buyer’s Agent. Claire’s introduction […]
Nourishing Tomorrow: How 'Food is Medicine' Advances Food Retailing and Positive Outcomes for Nutrition Responsive Health Conditions - Fintech News
BOSTON–(BUSINESS WIRE)–#digitalhealth–The Food is Medicine Institute at the Friedman School of Nutrition Science and Policy at Tufts University convened the second annual Food is Medicine Summit this week. The Summit provided an opportunity for leaders to share advances, best practices, and challenges, and discuss the future for those committed to delivering on the promise of food to […]
TUM Races to Victory at ASPIRE’s Inaugural Abu Dhabi Autonomous Racing League at Yas Marina Circuit - Fintech News
TUM secures victory in a last lap overtake, ahead of CONSTRUCTOR, POLIMOVE and UNIMORE H.H. Sheikh Theyab awarded the Championship Trophy, along with H.E. Faisal Al Bannai Inaugural autonomous car race drew over 10,000 spectators at the circuit and over 600,000 online viewers in 12 hours Eight fully autonomous AI-powered cars fought to win US$2.25 […]
Australian Council to Modernize Water Distribution System with Itron Solutions - Fintech News
Itron and Cairns Regional Council Expand Collaboration on Water Security and Conservation LIBERTY LAKE, Wash.–(BUSINESS WIRE)–#Australia–Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is collaborating with Cairns Regional Council (Council), located in Queensland, Australia, to deploy Itron’s intelligent connectivity and analytic solution, which includes Intelis® […]
Meme Coin: Experts compare RABT, DOGE, SHIB price predictions through 2030 - Fintech News
The time for meme coins is now, and the race is on as Raboo, DOGE, and SHIB vie for dominance in the crypto market through 2030. Raboo, the hot new crypto, is currently in its second stage of presale, amassing over $1 million so far, with over 4,000 members and 1,400 token holders already on board. Priced at just […]
Court Finds Advanced Cell Diagnostics Patents Invalid in Lawsuit with Molecular Instruments - Fintech News
LOS ANGELES–(BUSINESS WIRE)–#Biotech–Molecular Instruments, Inc. announced today that the Patents Court of the High Court of England and Wales has found two patents owned by Advanced Cell Diagnostics, Inc. (a Bio-Techne group company) to be invalid. In a 2022 lawsuit filed in the United Kingdom (proceedings no. HP-2022-000026), Advanced Cell Diagnostics alleged that Molecular Instruments’ […]
WisdomTree Announces First Quarter 2024 Results - Fintech News
Record AUM of $107.2 Billion 870bps of Operating Margin Expansion vs. Q1 2023 Diluted Earnings Per Share of $0.13 ($0.12, as Adjusted) NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the first quarter of 2024. $22.1 million of net income ($20.3(1) million of net income, as adjusted), see […]
Orbia Announces First Quarter 2024 Financial Results - Fintech News
MEXICO CITY–(BUSINESS WIRE)–Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for the first quarter of 2024. Orbia’s first quarter performance reflects the continued weakness in the market environment, primarily driven by sustained elevated interest rates, lower prices, delays in private and public infrastructure projects and continued subdued […]
CORRECTING and REPLACING PHOTO United Therapeutics Announces World’s First Successful Xenothymokidney Transplant - Fintech News
The first living recipient of a UThymoKidney, in conjunction with a heart pump implant, is recovering after a successful transplant This transplant builds on two successful UHeart transplants completed in 2022 and 2023 SILVER SPRING, Md. & RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–Please replace the photo for release dated April 24, 2024 with the accompanying corrected […]