Herzliya Israel, March 19, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ:BMR), a leader in video optimization technology and solutions, today announced it will present accelerated video AI workflows at NVIDIA GTC. GTC is a global AI conference for developers and business minds shaping the future of artificial intelligence (AI) and accelerated computing. At GTC, Beamr will highlight its plans for integrating AI workflows into Beamr Cloud - Beamr's recently launched video software-as-a-service (SaaS) so ...

Herzliya Israel, March 04, 2024 (GLOBE NEWSWIRE) -- Beamr (NASDAQ:BMR), a leading supplier of video optimization technology and solutions, today issued its annual Letter to Shareholders from Sharon Carmel, Chief Executive Officer of Beamr. Dear Shareholders: As we look toward a promising and exciting year ahead, I am proud to reflect on Beamr's achievements throughout 2023, including our financial results for 2023, our recent achievements so far in Q1 2024, and look forward to our plans for Q2 2024. 2023 w ...

Dear Shareholders: Just before announcing Beamr Cloud launch, we raised gross proceeds of $13.8 million in an underwritten offering in February 2024, prior to deducting underwriting discounts and other offering expenses. We intend to use the raised capital to substantially expand the reach of our video cloud services by investing in research and development efforts, sales and marketing activities, cloud operating costs, as well as general and administrative corporate purposes, including working capital and ...

● our ability to generate revenue and profit margin under our collaboration with third parties and anticipated contracts which is subject to certain risks; and ● security, political and economic instability in the Middle East that could harm our business, including due to the current war between Israel and Hamas. ● those factors referred to in "Item 3.D. Risk Factors," "Item 4. Information on the Company," and "Item 5. Operating and Financial Review and Prospects", as well as in this annual report on Form 2 ...

The stock market has seen a remarkable surge in recent months, climbing 21% since the end of October. Rallies as strong as this one tend to yield several stock winners, which in this case are primarily GenAI-focused companies. Some analysts believe this rally could extend through 2024, contingent on several key factors. One of the key bull drivers is earnings resilience, including better-than-expected fourth-quarter earnings and encouraging company guidance, with EPS growth tracking around 7%.Moreover, the ...

Herzliya, Israel, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ:BMR) ("Beamr" or the "Company"), a leader in video optimization technology, today announced the closing of its previously announced public offering of 1,971,300 ordinary shares, including 257,100 shares sold upon full exercise of the underwriter's option to purchase additional shares, at a public offering price of $7.00 per share. Total gross proceeds from the offering, before deducting underwriting discounts and other offering e ...

Beamr Imaging (NASDAQ:BMR) stock gained more than 1,000% at one point yesterday and finally finished the day 371% higher. This rise came after the company announced a partnership with Nvidia (NASDAQ:NVDA).On top of that, yesterday afternoon, the company also announced a $12 million offering of BMR stock. As part of the offering, the company will sell about 1.71 million shares at $7 apiece.Nevertheless, shares of Beamr Imaging are advancing another 65% in early trading today. Beamr Imaging’s Collaboration Wi ...

Herzliya, Israel, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ:BMR) ("Beamr" or the "Company"), a leader in video optimization technology, today announced the pricing of an underwritten public offering of 1,714,200 ordinary shares. Each ordinary share is being sold at a public offering price of $7.00 per share for gross proceeds of approximately $12 million, before deducting underwriting discounts and offering expenses. All of the ordinary shares are being offered by the Company. In addition ...

Shares of Beamr Imaging Ltd. skyrocketed on massive volume Monday, after the content-adaptive video company made an announcement that included how it was connected to chip powerhouse Nvidia Corp.The stock BMR, +506.64% blasted as much as 1,556% higher to an intraday high of $34.94 before pulling back to be up 683.9% in afternoon trading. Trading volume spiked to 141.1 million shares, compared with the full-day average over the past 30 days of about 268,000 shares.The stock was the biggest percentage gainer ...

Beamr Imaging (NASDAQ:BMR) stock is up by 700% after the company announced that it would present its automated video modernization joint research in collaboration with Nvidia (NASDAQ:NVDA) at the ACM Mile-High-Video 2024 conference. This conference began on Feb. 11 and will end on Feb. 14.Beamr seeks to improve video format with its AOMedia Video 1 (AV1) offering. The company points out that most videos utilize an extremely outdated 20-year-old format that existed before high-speed internet.“The research pr ...