TechMediaBreaks Archive - Page 38 of 143

TuesdayNov 12, 2024 9:30 am

TechMediaBreaks – SenesTech Inc. (NASDAQ: SNES) Reports 51% Revenue Increase in Q3 2024, Highlights Growth in Evolve Product Line and International Expansion

SenesTech (NASDAQ:SNES) reported a 51% increase in revenue for the first nine months of 2024, totaling $1.4 million, driven by strong sales of its Evolve Rat and Evolve Mouse products. Gross margins improved to 65% in Q3 2024, up from 49% in the same quarter last year, due to enhanced manufacturing efficiency. The company's operating expenses decreased by 12%, and its adjusted EBITDA loss was the smallest in its history, reducing cash burn by 21%. Evolve Rat, launched in early 2024, now accounts for 52% of Q3 revenue, and the company has expanded sales through e-commerce platforms like Amazon and…

MondayNov 11, 2024 2:44 pm

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Continues to Gain Traction, Further International Growth

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe”) develops and sells a passive, preventative alcohol screening device called the SOBRcheck(TM) and a continuous alcohol monitoring wristband called SOBRsure(TM). “SOBRcheck is fitted with two sensors, one of which scans biometrics data from a user’s fingerprint, with the other detecting any alcohol excreted from the pores in the tip of the finger. The device is powered by the SOBRsafe software platform, which relays results in real time, improving employee throughput at point-of-care facilities. The SOBRsure(TM) device is equally configured to provide app-based reporting via the SOBRsafe platform, support GPS tracking and send removal alerts,” a…

MondayNov 11, 2024 1:33 pm

TechMediaBreaks – Match Group Inc. (NASDAQ: MTCH) Surpasses Third-Quarter Earnings Expectations

Match Group (NASDAQ: MTCH) recently reported its third-quarter earnings, exceeding market expectations. The company, known for its popular dating platforms like Tinder and Hinge, saw a year-over-year increase in revenues. This growth was largely driven by Hinge’s strong performance in direct revenues and downloads. However, the overall growth in total payers was slower than anticipated. Match Group’s financial metrics provide a deeper understanding of its market position. The company’s price-to-earnings (“P/E”) ratio is approximately 9.94, which indicates how the market values its earnings. A lower P/E ratio can suggest that the stock is undervalued compared to its earnings. Additionally, the…

MondayNov 11, 2024 8:30 am

TechMediaBreaks – HealthLynked Corp. Enhances Oohvie App with Telemedicine and Online Scheduling

HealthLynked (OTCQB: HLYK) has announced a significant update to its Oohvie app, integrating telemedicine services and online scheduling to offer a more comprehensive healthcare experience for women. The update includes a redesigned home screen, enhanced user interface, and expanded functionalities, enabling users to manage their health more effectively through a single platform. CEO Dr. Michael Dent stated that the alignment of Oohvie’s features with the HealthLynked network simplifies personalized, connected care by providing access to telemedicine, appointment scheduling, and secure health data management in one place. To view the full press release, visit https://ibn.fm/C4jIm About HealthLynked Corp. HealthLynked Corp. is committed to…

FridayNov 08, 2024 8:00 am

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Advances Lidar Commercialization Amid Acquisition by Koito and Growing OEM Partnerships

Cepton (NASDAQ: CPTN) shared updates for Q3 2024, highlighting advancements in its lidar technology commercialization, with a major long-range lidar RFQ in final stages with a Top 10 global automotive OEM. Cepton’s CEO, Jun Pei, noted the company’s solid positioning in the automotive lidar market, strengthened by a pending acquisition by Koito Manufacturing Co. Ltd. and continued development with OEMs for near-range lidar. The acquisition, set at $3.17 per share in an all-cash transaction, is anticipated to close in early 2025, subject to shareholder and regulatory approvals. For Q3, Cepton reported $0.5 million in revenue, with a GAAP net loss…

ThursdayNov 07, 2024 12:13 pm

TechMediaBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Shares See Downturn Following Election Surge

Shares of President-elect Donald Trump’s media company, Trump Media & Technology Group (NASDAQ: DJT), are seeing a downturn in Thursday trading. This decline comes after an initial surge in share prices following Trump’s election victory. The shift in investor sentiment is evident as the stock price adjusts, reflecting changing market perceptions and expectations. Currently, DJT is priced at around $28.94, marking a significant decrease of 19.52%, or $7.02. This drop indicates a notable shift from the initial optimism that surrounded the stock. The stock’s daily fluctuation, with a low of $27.90 and a high of $31.96, highlights the volatility investors…

ThursdayNov 07, 2024 10:35 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Bollinger’s B4 Truck Qualifies for $100,000 Incentive Under New York’s NYTVIP Program

Mullen Automotive (NASDAQ: MULN) announced that Bollinger Motors has qualified for New York State’s New York Truck Voucher Incentive Program (“NYTVIP”), offering up to a $100,000 voucher for its all-electric B4 Truck. This incentive, provided by NYSERDA, marks the fourth state incentive for Bollinger in the Northeast, adding to similar programs in Massachusetts, New Jersey and Pennsylvania. Alongside a federal tax credit of $40,000 under the Inflation Reduction Act, Bollinger’s B4 Truck is primed to offer substantial financial incentives, bolstering its adoption in commercial fleets. Recent milestones for Bollinger include regulatory certifications, significant fleet orders and partnerships with dealers and…

WednesdayNov 06, 2024 2:14 pm

TechMediaBreaks – Pinterest Inc. (NYSE: PINS) Financial Overview and Growth Potential

Pinterest (NYSE: PINS) is a social media platform that allows users to discover and save ideas through images and videos. The company generates revenue primarily through advertising, offering tools that help businesses reach their target audience. As Pinterest enhances its advertising tools and user engagement, it is expected to see a year-over-year increase in revenue, which should positively impact its earnings. Pinterest’s financial metrics reflect investor confidence in its growth potential. The company has a high price-to-earnings (“P/E”) ratio of 118.73, showing that investors are willing to pay a premium for its earnings. This suggests optimism about Pinterest’s future profitability,…

WednesdayNov 06, 2024 9:00 am

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Deemed “Awardable” by DoD’s Tradewinds Solutions Marketplace

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”) announced it has achieved "Awardable" status in the US Department of Defense's (DoD) Tradewinds Solutions Marketplace, which showcases cutting-edge technologies for potential DoD adoption. This designation endorses D-Wave’s annealing quantum computing technology as a vetted solution for addressing complex challenges in logistics, manufacturing, scheduling, drug discovery, and sustainability. D-Wave collaborated with Clipper Defense to present use cases, including supply chain and transportation logistics optimization, highlighting the company’s potential to support DoD mission objectives. To view the full press release, visit https://ibn.fm/OcYay About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of…

TuesdayNov 05, 2024 2:48 pm

TechMediaBreaks – AQUALAB Unveils Advanced Solution – SKALA Dry

AQUALAB by Addium today introduced SKALA Dry, an advanced software solution designed to dramatically enhance the capabilities of spray dryers, continuous lines and other industrial dryers. SKALA Dry is a powerful upgrade for food processing operations that need to maintain the highest levels of operational efficiency and product quality. Utilizing PLC temperature data, SKALA Dry is able to make intelligent set point adjustments before products leave the dryer, giving users significantly improved moisture control, less product variability and more profit. “Without a way to measure what’s happening inside your dryer, all you can do is react to problems after they’ve…

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