Polar Power (NASDAQ:POLA) expects to report revenues between $4.5 million and $5.0 million for the second quarter of 2024, and a backlog of approximately $5.5 million for the quarter end. Additionally, the company has received approximately $2.9 million in Tax refunds and Employee Retention Credits payments applied for in priorContinue Reading
RHJ/iStock via Getty Images Precious metals miner Hecla Mining (NYSE:HL) Wednesday after market reported a 10% increase in silver production year-to-date compared to the year-ago period. Keno Hill produced 1.5 million ounces of silver, with milled throughput of 341 tons per day YTD and 406 tpd in the second quarter,Continue Reading
Motorsport Games (NASDAQ:MSGM) disclosed its preliminary financial results on an unaudited basis for the quarter ending June 30, 2024. The company anticipates reporting net income ranging between $1.6M and $1.8M for the quarter ending June 30, 2024, compared to a net loss of $8.2M reported during the same period inContinue Reading
SEALSQ Corp (NASDAQ:LAES) said it anticipates a stronger H2 2024 and a return to growth in 2025. As of June 30, 2024, the company’s new business pipeline stood at $71 million, with a strong cash position of $19 million. Preliminary unaudited revenue of $5 million for H1 2024 is reflectiveContinue Reading
Average production for the first half of the year was 446 mboepd. Production in the second half of the year is expected to be impacted by planned maintenance activities. Full-year production guidance: Aker BP narrows its full-year average production forecast to 420-440 mboepd, revised from 410-440 mboepd. Aker BP willContinue Reading
manassanant pamai The au Jibun Bank Japan Services PMI was revised downward to 49.4 in June 2024 from flash data of 49.8, a reversal from 53.8 in May, also marking the first drop in services activity since August 2022 as all sub-sectors shrank except information & communication. New orders wereContinue Reading
Fifth Third Bancorp (NASDAQ:FITB) said on Friday its preliminary stress capital buffer under the Federal Reserve’s severely adverse scenario is 3.2%, effective October 1. Fifth Third’s said its Common Equity Tier 1 (“CET1”) ratio at March 31, of 10.5% significantly exceeds the regulatory minimum of 4.5% plus the stress capitalContinue Reading
Entegris (NASDAQ:ENTG) has signed a non-binding preliminary memorandum of terms with the U.S. Department of Commerce to receive up to $75M in direct funding under the CHIPS and Science Act. This proposed CHIPS funding would support the development of Entegris (ENTG) state-of-the-art facility in Colorado Springs designed to create productsContinue Reading
