Author: PRNEWSWIRE

– Total revenue of $27.2 million, up 13% year-over-year- Ceva-powered device shipments of 522 million units in the quarter, driven by a record of more than 400 million Bluetooth, Wi-Fi and cellular IoT combined shipments – Strategic licensing deals signed with satellite OEM for 5G-Advanced platform and smartphone OEM for Spatial Audio software- First licensing deal signed for NeuPro-Nano embedded AI NPU targeting consumer AIoT- Raises financial guidance for full year 2024- Announces expansion of existing share repurchase program with an additional 700,000 shares ROCKVILLE, Md., Nov. 7, 2024 /PRNewswire/ — Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge…

Read More

NEWTOWN, Pa., Nov. 7, 2024 /PRNewswire/ — EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced results for the third quarter ended September 30, 2024. “We are pleased with our strong third-quarter results and the ongoing improvement across our business. We continue to help our clients adapt and modernize their businesses, including deploying world-class solutions enabled by GenAI,” said Arkadiy Dobkin, CEO & President at EPAM. “Our recent acquisition of NEORIS illustrates our strong commitment to diversifying our global delivery platform and our readiness to enter new markets to best serve our enterprise clients.” Third Quarter 2024 Highlights Cash…

Read More

SHANGHAI, Nov. 5, 2024 /PRNewswire/ — Horizons, a leading global Employer of Record (EOR) provider, proudly launches its latest Global HR Strategy at the 2024 China International Import Expo (CIIE) from November 5 to 10 in Shanghai. Under the theme “Talent Without Borders, Vision Without Limits,” Horizons will showcase its commitment to empowering a borderless workforce and present its innovative SaaS HR platform, designed to enhance HR compliance, simplify payroll, and streamline employee and contractor payment for businesses worldwide. At CIIE, Horizons will demonstrate how advancements in technology, including AI, big data, and cloud computing, are reshaping HR management. The event will also highlight Horizons’…

Read More

CALGARY, AB, Nov. 6, 2024 /PRNewswire/ – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the “Company” or “Exro”), a leading clean technology provider specializing in proprietary motor control and complete electric propulsion systems for e-mobility, today announced the release of a shareholder letter. The letter provides details on the upcoming Q3 earnings release, scheduled for November 13, 2024, as well as an Analyst Day event to be hosted at the Company’s U.S. headquarters in Mesa, Arizona, on November 14, 2024. The letter also addresses recent stock volatility and reaffirms Exro’s commitment to advancing its strategic initiatives and driving long-term growth in the electrification sector. Dear Exro Shareholders,…

Read More

Consolidated Gross Margins of 28.5% Set a New Mastech Digital Record for the Quarter PITTSBURGH, Nov. 6, 2024 /PRNewswire/ — Mastech Digital, Inc. (NYSE AMERICAN: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights: Third Quarter Results: Revenues for the third quarter of 2024 totaled $51.8 million, compared to $47.8 million during the corresponding quarter of 2023. Gross profits in the third quarter of 2024 were $14.8 million, compared to $12.6 million in the same quarter of 2023. Gross margins improved to a Company performance record 28.5% in the 2024 third quarter,…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More

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…

Read More