Continues to Make Progress on “iRobot Elevate” Strategy Revises Full-year 2024 Outlook BEDFORD, Mass., Nov. 6, 2024 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the third quarter ended September 28, 2024. “We continue to make progress on our turnaround strategy,” said Gary Cohen, iRobot’s CEO. “In the third quarter, we expanded our non-GAAP gross margin by 590 basis points year over year and improved our use of operating cash. However, our overall results did not meet the expectations we set in August, as persistent market segment and competitive headwinds impacted our sell-through performance. Although we…
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Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom Fourth quarter revenue up 4.4% and diluted earnings per share (EPS) up 8.5% Q4-F2024 performance highlights F2024 performance highlights Note: All figures in Canadian dollars. F2024 MD&A, audited consolidated financial statements and accompanying notes can be found at cgi.com/investors and have been filed with the Canadian Securities Administrators on SEDAR+ at www.sedarplus.ca and the U.S. Securities and Exchange Commission on EDGAR at www.sec.gov. ___________________________________1 Constant currency revenue growth, adjusted EBIT, adjusted EBIT margin, net earnings excluding specific items, net earnings margin excluding specific items and diluted EPS excluding specific items are non-GAAP financial measures or ratios. Earnings before income taxes…
OR YEHUDA, Israel, Nov. 6, 2024 /PRNewswire/ — Third Quarter Highlights Details AudioCodes (NASDAQ: AUDC), a leading provider of unified communications voice, contact center and conversational AI applications and services for enterprises, today announced its financial results for the third quarter ended September 30, 2024. Revenues for the third quarter of 2024 were $60.2 million compared to $61.6 million for the third quarter of 2023. EBITDA for the third quarter of 2024 was $5.9 million compared to $6.4 million for the third quarter of 2023. On a Non-GAAP basis, EBITDA for the third quarter of 2024 was $7.9 million compared to $10.1 million for the third quarter of 2023. Net income was $2.7 million, or $0.09 per diluted share, for…
TAIPEI, Nov. 6, 2024 /PRNewswire/ — Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (“Chunghwa” or “the Company”) today reported its un-audited operating results for the third quarter of 2024. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards (“T-IFRSs”) on a consolidated basis. (Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.) Third Quarter 2024 Financial Highlights “The Company delivered solid results in this quarter highlighted by exceptional operational performance across all business segments,” stated Mr. Chih-Cheng Chien, Chairman and CEO of Chunghwa Telecom. “We have set a new record for total revenue for the…
Milestone Reflects Commitment to Growth and Market Leadership in DDoS Protection Solutions MARLBOROUGH, Mass., Nov. 4, 2024 /PRNewswire/ — Corero Network Security plc (LSE: CNS; OTCQX: DDOSF), the distributed denial of service (DDoS) protection specialists, has commenced trading today on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market. This achievement marks a significant step forward in Corero’s ongoing expansion and its commitment to enhancing visibility in the U.S. investor market. Carl Herberger, Chief Executive Officer at Corero Network Security, commented: “We are delighted to commence trading on the OTCQX and further expand our reach and visibility into the U.S. investor market. This is an…
ISTANBUL, Nov. 4, 2024 /PRNewswire/ — Odine, a global technology partner, has made a significant move to strengthen its innovation and advanced technology capabilities by welcoming Prof. Dr. İlhan Fuat Akyıldız, a renowned figure in 6G technologies who has worked extensively with NASA, as a strategic R&D advisor. A globally recognized authority in 6G mobile systems and wireless communication technologies, Prof. Akyıldız brings a wealth of expertise, having developed over 100 patented projects for prestigious institutions. His profound knowledge in areas such as digital twins, artificial intelligence, and network technologies will help propel Odine’s innovation objectives to new heights. Prof. Dr. İlhan Fuat…
NEW YORK, Oct. 31, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global open banking market size is estimated to grow by USD 57.66 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 27.2% during the forecast period. Increased demand for fast and seamless payments is driving market growth, with a trend towards integration of AI into open banking services. However, implementation of strict guidelines in handling personal financial data poses a challenge.Key market players include Airwallex, American Express Co., Australia and New Zealand Banking Group Ltd, Banco Bilbao Vizcaya Argentaria SA, Bank of Ireland, Caixa Geral de Depósitos SA, Citigroup Inc., Credit…
Menlo Park-Based Private Investment Firm Partners with Fast-Growing Leader in Outsourced Back Office Solutions for Charter Schools and Non-Profit Organizations MENLO PARK, Calif. and LOS ANGELES, Nov. 4, 2024 /PRNewswire/ — Red Iron Group, a Menlo Park-based private investment firm, today announced a strategic investment in Charter Impact, a leading provider of business management and student data services to charter schools and non-profit organizations. Red Iron Group will provide long-term capital to support growth initiatives in both new and existing markets, including potential strategic acquisitions. Red Iron Group also brings operational expertise to support Charter Impact’s market-leading service offering and to help broaden its technology-enabled service…
Schultz will drive go-to-market and platform development for AI-powered detection and takedown of phishing and impersonation attacks, building on the recent launch of our ‘AI Security for Email’ feature SANTA CLARA, Calif., Nov. 4, 2024 /PRNewswire/ — Bolster, the leader in brand security, today announced the appointment of Rod Schultz to Chief Executive Officer (CEO). Schultz brings more than 25 years of business strategy, product innovation, and secure technology development expertise to the role, and will continue Bolster’s growth as it tackles the increasing threat of AI-driven phishing and impersonation attacks. Schultz previously held leadership roles at Apple, Adobe, and Zoom, with a strong focus…
TORONTO, Nov. 4, 2024 /PRNewswire/ – DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: RB9) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi”), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, “Valour”), a leading issuer of exchange traded products (“ETPs”) has reported assets under management (“AUM”) of C$757 million (US$593 million) as of October 31, 2024, representing a 62% increase year-to-date. In October, Valour saw net inflows of C$2.1 million (US$1.5 million), continuing its streak of monthly inflows and reflecting growing investor confidence and demand for Valour’s ETPs. Key Products Driving Inflows:The…