Category: raises

  • Wix reports strong Q2 performance, raises guidance

    Israeli website building platform company Wix.com Limited (NASDAQ: Wix) reported strong second-quarter results while higher demand for its enhanced products builds positive momentum for the second half of 2024 and the company raised its guidance accordingly. Wix allows customers to create and manage websites and online stores on its platform.…

  • Pagaya surpasses Q2 2024 earnings, raises full-year outlook By Investing.com

    Pagaya Technologies Inc. (NASDAQ:), a leading financial technology company, has reported robust financial results for the second quarter of 2024, exceeding its own revenue and adjusted EBITDA guidance. The company has raised its full-year outlook for both metrics, citing strong growth in fee revenue less production costs (FRLPC) and the…

  • Air Transport Services reports mixed Q2 results; raises FY24 Adjusted EBITDA outlook

    2024 Predictions: Taking into account the four aircraft leases that have commenced since the end of June, ATSG expects adjusted EBITDA of approximately $526 million in 2024. ATSG expects 2024 capital spending to be $390 million, down from the $410 million estimated in May 2024 and $400 million lower than…

  • Morpho raises $50m in VC; DuelNow, Daylight score backing

    Crypto startups raised $107.6 million between July 28 and August 3, led by a $50 million strategic round from Morpho and anchor investments in DuelNow and Daylight. In another eventful week for blockchain startups, 19 companies collectively raised $107.6 million in funding, Information From cryptocurrency fundraising. Leading the pack, decentralized…

  • Morpho raises $50m in VC; DuelNow, Daylight score backing

    Crypto startups raised $107.6 million between July 28 and August 3, led by a $50 million strategic round from Morpho and anchor investments in DuelNow and Daylight. In another eventful week for blockchain startups, 19 companies collectively raised $107.6 million in funding, Information From cryptocurrency fundraising. Leading the pack, decentralized…

  • Teva reports strong Q2 results, raises 2024 forecast

    Teva Pharmaceutical Industries Co., Ltd. (New York Stock Exchange: Tifa; level: Tifa) reported strong second-quarter 2024 results and revised its outlook upward again. The company reported second-quarter revenue of $4.2 billion, up 7% from the same quarter in 2023. GAAP net loss in the second quarter was $846 million ($0.75…

  • UgoWork raises $51M to further transform material handling with its advanced energy solutions

    This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on July 31, 2024 •…

  • Defense IT co TSG raises NIS 62m in TASE IPO

    TSG Group, which makes advanced IT systems for the defense industry, raised NIS 62 million in an initial public offering on the Tel Aviv Stock Exchange (TASE) at a valuation of NIS 462 million, post-money. TSG is equally owned by Israel Aerospace Industries and Formula Systems (TASE: FORTY) and is…

  • Riot Platforms acquires Block Mining in $92.5m deal, NPC Labs raises $18m

    This week’s crypto funding highlights include investments in web3 gaming, Ethereum scaling, Bitcoin infrastructure, and decentralized AI. Riot Platforms Acquires Block Mining Our funding roundup begins with an acquisition. On July 24, Bitcoin (BTC) mining company Riot Platforms announced that it had acquired Block Mining, a Kentucky-based Bitcoin mining company,…

  • Riot Platforms acquires Block Mining in $92.5m deal, NPC Labs raises $18m

    This week’s crypto funding highlights include investments in web3 gaming, Ethereum scaling, Bitcoin infrastructure, and decentralized AI. Riot Platforms Acquires Block Mining Our funding roundup begins with an acquisition. On July 24, Bitcoin (BTC) mining company Riot Platforms announced that it had acquired Block Mining, a Kentucky-based Bitcoin mining company,…

  • Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com

    Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…

  • Veralto Corporation reports robust Q2 growth, raises EPS guidance By Investing.com

    Veralto Corporation, in its Second Quarter 2024 Earnings Call, reported a strong financial performance with net sales of $1.29 billion and a 3.8% core sales growth. The company raised its full-year adjusted earnings per share (EPS) guidance, reflecting confidence in its end markets and strong execution. Veralto highlighted its growth…

  • Israeli cybersecurity co Dazz raises $50m

    Israeli Unified Security Repair Company It passed Greylock today announced the closing of a $50 million funding round co-led by Cyberstarts, Insight Partners, and Index Ventures. This latest round brings the company’s total raised to $110 million. No valuation was disclosed, with TechCrunch reporting that the funds were raised at…

  • Ego Death Capital Raises Over $43 Million To Fund Bitcoin Companies

    Ego death capitalCBN Venture Capital, a venture capital fund focused on investing in Bitcoin startups, has announced the successful first close of its second fund of $100 million. The fund has already secured $43.35 million in commitments from investors, underscoring the strong interest in backing the next wave of Bitcoin…

  • Ego Death Capital Raises Over $43 Million To Fund Bitcoin Companies

    Ego death capitalCBN Venture Capital, a venture capital fund focused on investing in Bitcoin startups, has announced the successful first close of its second fund of $100 million. The fund has already secured $43.35 million in commitments from investors, underscoring the strong interest in backing the next wave of Bitcoin…

  • Nexstar raises dividend, approves mega buyback By Investing.com

    IRVING, Texas – Nexstar Media Group, Inc. (Nasdaq: NASDAQ), a diversified media company, today announced a quarterly cash dividend of $1.69 per share, payable on August 23, 2024, to shareholders of record through August 9, 2024. Additionally, the company’s board of directors approved a new share repurchase program of up…

  • General Motors shares rally after earnings and revenue beat, raises full-year outlook By Investing.com

    General Motors (NYSE:GM) shares rose 5.45% after reporting second-quarter results that beat expectations on both earnings and revenue. The auto giant reported adjusted earnings per share of $3.06, well above the consensus estimate of $2.71. Revenue for the quarter also topped expectations, coming in at $47.97 billion versus the $45…

  • Israeli heart pump co Magenta Medical raises $105m

    Israeli mini heart pump developer Magenta Medical Today announced the completion of a $105 million funding round led by Novo Holdings with new investors Viking Global Investors and RA Capital Management, and existing investors OrbiMed, New Enterprise Associates (NEA), JVC Investment Partners, and ALIVE – Israel HealthTech Fund also participating…

  • Woodside Energy raises cost estimate for flagship Scarborough gas project (NYSE:WDS)

    AlexLMX/iStock via Getty Images Woodside Energy (New York:WDS) early tuesday Raise the estimated cost Shell has announced an increase in its share of development costs for its Scarborough natural gas project by US$500 million to US$12.5 billion, taking the company’s share of development costs to US$8.2 billion, with the increase…

  • X Users Raises Alarm Over Scam Email

    Over the past day, X users have raised concerns over a phishing email in the wake of the recent $1 million hack of cryptocurrency exchange WazirX. The development comes as WazirX management is implementing several measures to recover the stolen funds. Criminals are exploiting the WazirX hack using phishing scams…