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MDWerks’ Two Trees Beverage Subsidiary Announces Debut of Crusher Claw, a Private Label Flavored Whiskey Produced for Pinchy’s Restaurant Group, LLC
Globenewswire· 2025-08-20 20:30
GREEN COVE SPRINGS, Fla., Aug. 20, 2025 (GLOBE NEWSWIRE) -- MDWerks, Inc. (“MDWerks” or the “Company”) (OTCQB: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today announced that its award-winning subsidiary, Two Trees Beverage Company (“Two Trees”), has commenced production of Crusher Claw, a private label flavored whiskey for Pinchy's Restaurant Group, LLC (“Pinchy’s”), which owns the highly touted Pinchy’s Lobster & Raw Bar restaurants in Sevierville, Tenness ...
Twin Disc to Present at Midwest IDEAS Conference
Globenewswire· 2025-08-20 20:30
MILWAUKEE, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today announced that Chief Executive Officer John Batten and Chief Financial Officer Jeff Knutson are presenting at the Three Part Advisors Midwest IDEAS Conference in Chicago on Wednesday, August 27 at 7:55 am Central. In conjunction with the event, Twin Disc executives will be available to participate in one-on-one meetings with investors registered to attend the conference. The event will be streamed live via a webcast available ...
Uniti Group Inc. to Present at the Citi 2025 Global TMT Conference
Globenewswire· 2025-08-20 20:15
LITTLE ROCK, Ark., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its Chief Financial Officer & Treasurer, Paul Bullington, and President of Kinetic, John Harrobin, are scheduled to present at the Citi 2025 Global TMT Conference. The presentation is scheduled for 1:30 PM EDT on September 3, 2025 in New York, NY. You may access a live webcast of the event on Uniti’s Investor Relations website at investor.uniti.com. The webcast will be available for replay for ...
3D Systems Announces Chief Financial Officer Transition
Globenewswire· 2025-08-20 20:15
3D Systems’ Executive Vice President, Phyllis Nordstrom to Serve as Interim Chief Financial Officer ROCK HILL, S.C., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE: DDD) announced that Jeffrey D. Creech is stepping down as the company’s Chief Financial Officer, effective August 29, 2025, to accept a new career opportunity. Phyllis Nordstrom, 3D Systems’ Executive Vice President, Chief Administrative Officer, has been appointed Interim CFO, effective August 29, 2025. “I want to thank Jeff for his ...
California Water Service Group Earns Great Place To Work Certification™ for Tenth Consecutive Year
Globenewswire· 2025-08-20 20:15
Core Points - California Water Service Group has been certified as a Great Place To Work for the 10th consecutive year, reflecting its commitment to employee experience and company culture [1][3] - The company has introduced new programs such as the Career Pathways program and revamped the Season of Service program to enhance employee engagement and community support [2] - California Water Service Group serves over 2.1 million people across multiple states, providing reliable water and wastewater services through its regulated subsidiaries [4][5] Employee Programs - The Career Pathways program aims to help employees develop their current roles or prepare for future opportunities [2] - The Season of Service program encourages employees to give back to their communities, particularly during the holiday season [2] - The company has a comprehensive benefits package and wellness programs to support employee well-being [2] Customer Initiatives - New customer programs have been launched to improve convenience and affordability, including Walmart Bill Pay for cash or debit card bill payments [2] - A new rate structure has been implemented in California, significantly discounting the first nearly 4,500 gallons of water used each month [2] Company Values and Recognition - The company is dedicated to enhancing the quality of life for customers, communities, employees, and stockholders through responsible investments in infrastructure and sustainability [5] - California Water Service Group has received accolades such as being named one of "America's Most Responsible Companies" and one of the "World's Most Trustworthy Companies" by Newsweek [5]
NuCana Reports Second Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-08-20 20:05
Core Insights - NuCana plc has initiated the dosing of the first patients in the expansion study of NUC-7738 in combination with pembrolizumab for patients with PD-1 inhibitor-resistant melanoma, with initial data expected in Q4 2025 and final data in 2026 [1][2] - The company reported a net loss of £24.1 million for Q2 2025, which includes a significant loss on revaluation of warrants, compared to a net loss of £7.0 million in Q2 2024 [7][11] - NuCana's cash and cash equivalents increased to £8.4 million as of June 30, 2025, up from £4.0 million at the end of Q1 2025, with additional funds raised through an ATM offering expected to extend the cash runway into 2029 [4][6] Clinical Development - NUC-7738 is designed to impact gene expression in cancer cells and has shown a favorable safety profile, meaningful tumor volume reduction, and prolonged progression-free survival in patients with PD-1 inhibitor refractory metastatic melanoma [2] - NUC-3373, another lead program, is a targeted thymidylate synthase inhibitor with immune-modulating properties, currently in a Phase 1b/2 study, showing notable tumor volume reductions and prolonged progression-free survival in patients with advanced solid tumors [2][5] Financial Position - As of June 30, 2025, NuCana's total assets were £16.2 million, with total equity attributable to equity holders amounting to £7.4 million [12][13] - The company has raised gross proceeds of £38.4 million in 2025 through various financing initiatives, positioning it well for upcoming clinical milestones [2][6] Anticipated Milestones - Initial data from the Phase 1/2 expansion study of NUC-7738 is expected in 2025, with regulatory guidance from the FDA anticipated in 2026 [5] - Additional data from the ongoing Phase 1b/2 study of NUC-3373 is also expected to be announced later in 2025 [5]
TruGolf Reports Second Quarter 2025 Financial Results Q2 2025 Sales Grow 11.3% Over Q2 2024
Globenewswire· 2025-08-20 20:05
Core Insights - TruGolf Holdings, Inc. reported second quarter 2025 sales of $4.3 million, an increase of 11.3% from $3.9 million in the same period of 2024 [1] - The company experienced a net loss of $3.3 million in Q2 2025, compared to a net loss of $1.6 million in Q2 2024, primarily due to increased professional fees and interest expenses [1][3] - The CEO highlighted the successful compliance with Nasdaq listing standards and expressed optimism for operational improvements in the latter half of the year [2] Financial Performance - Sales for the first half of 2025 reached $9.7 million, a 9% increase from $8.9 million in the first half of 2024 [3] - Gross margin for Q2 2025 was 44.4%, down from 66.4% in Q2 2024, affected by $0.9 million in inventory write-downs [3] - Operating expenses increased by 13% in Q2 2025, driven by higher marketing costs and professional fees related to Nasdaq compliance [3][4] Operational Developments - The company launched US sales of its Launchbox monitor in July 2025, with promising initial results [2] - The first TruGolf Links franchise opened in Chicago on July 29, 2025, with plans for a larger flagship location in Q4 2025 and more franchises in 2026 [2] - The company took non-cash charges related to inventory adjustments and costs associated with the TruTrack product during the quarter [2] Debt and Interest Expenses - Interest expense for Q2 2025 rose by $0.7 million, with a total increase of $1.8 million for the first half of 2025, attributed to amortization of debt discounts and related expenses [4] - The company has significantly reduced its debt load, which is expected to contribute to operational improvements [2] Balance Sheet Highlights - As of June 30, 2025, total assets were $24.36 million, up from $17.14 million at the end of 2024 [8] - Current liabilities increased to $18.17 million from $15.78 million at the end of 2024, reflecting higher accounts payable and deferred revenue [9] - Stockholders' equity improved to $4.31 million from a deficit of $4.64 million at the end of 2024 [9]
Astera Labs Announces Third Quarter 2025 Financial Conference Participation
Globenewswire· 2025-08-20 20:05
Core Insights - Astera Labs, Inc. is a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure and has announced its participation in financial conferences for Q3 2025 [1] Company Overview - Astera Labs provides rack-scale AI infrastructure through purpose-built connectivity solutions grounded in open standards, enabling organizations to unlock the full potential of modern AI [3] - The company's Intelligent Connectivity Platform integrates various semiconductor-based technologies, including CXL, Ethernet, PCIe, and UALink™, along with the COSMOS software suite to create cohesive and flexible systems [3] Upcoming Events - Astera Labs will present at the Deutsche Bank 2025 Technology Conference on August 28, 2025, at 12:30 pm PT [4] - The company will also present at Citi's 2025 Global TMT Conference on September 4, 2025, at 8:50 am ET [4]
Itron and Fiji Water Utility Collaborate on First Smart Metering Deployment in the Fiji Islands
Globenewswire· 2025-08-20 20:05
Core Insights - Itron, in partnership with Pacific Technologies, is deploying smart metering technology for the Water Authority of Fiji (WAF) to enhance water operations and infrastructure [1][2] - The initiative aligns with WAF's Water Sector Strategy 2050, which aims for clean water, safe sanitation, financial sustainability, and a skilled workforce [2][5] - The deployment began in May 2025 and is expected to be completed by Q3 2025, focusing on modernizing existing infrastructure [1][3] Infrastructure Upgrade - WAF is upgrading its existing meters to Itron mechanical meters equipped with Cyble communications modules, transforming them into smart meters [3][4] - The Cyble module features a clip-on design that simplifies installation, making it a cost-effective solution for modernizing water operations [3][5] - The Temetra solution will facilitate data collection and storage, eliminating the need for manual meter reading and allowing for easy access to consumption data [3][4] Addressing Non-Revenue Water - The deployment aims to reduce non-revenue water, which WAF estimates to be 47% of its produced water [2][4] - Itron's solutions will provide insights and advanced data analytics to identify water losses, enhancing operational efficiency [4][6] - The integration of Itron's technology with WAF's existing systems will offer a comprehensive view of the water infrastructure across Fiji [4][6] Long-Term Vision - WAF's long-term vision includes creating a resilient and reliable water network, with the scalability of Itron's solutions allowing for gradual expansion based on priorities and budget [5][6] - The deployment is seen as a practical model for smart water management, enabling WAF to upgrade its network at its own pace [6][7] - Itron's smart water solution is designed to withstand harsh environmental conditions, reducing long-term maintenance costs for WAF [6][7]
Inseego and National MSP OneSource Join Forces to Tackle the Growing 5G FWA Market Opportunity
Globenewswire· 2025-08-20 20:05
Core Insights - Inseego Corp. and OneSource have launched Janus, a new managed service that integrates Inseego's 5G fixed wireless access devices with OneSource's connectivity services, aimed at providing reliable wireless broadband access for enterprises of all sizes [1][2][3] Group 1: Partnership and Product Offering - The collaboration between Inseego and OneSource is positioned as a strategic partnership to meet the growing demand for 5G-based fixed wireless access solutions, emphasizing flexibility, reliability, and performance [2] - Janus is described as a fully managed suite of connectivity solutions, marking OneSource's first turnkey 5G cellular offering, leveraging both companies' expertise [3][4] - The Janus solution includes high-performance outdoor and indoor CPE devices, supported by Inseego's cloud-based management platform, Inseego Connect, allowing for scalable monitoring and management [4][5] Group 2: Product Features and Demonstrations - Key products highlighted include the FW2000 outdoor CPE, MiFi X PRO 5G hotspot, and FX3110 indoor router, showcasing advanced connectivity capabilities [7] - The partnership will feature live demonstrations of these products at the OneSource Center of Excellence, with an open house event planned to celebrate the launch [6][8] Group 3: Company Backgrounds - Inseego Corp. is recognized as a leader in 5G enterprise cloud WAN solutions, serving millions of end customers and thousands of enterprise clients globally [9] - OneSource Building Technologies specializes in connectivity solutions with over 20 years of experience, providing end-to-end services across more than 90 countries [10]