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Medivolve Enters into Agreement to Acquire Karland Health, Enabling its Wholly Owned .
Medivolve Inc.February 11, 2021 GMT
TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) Medivolve Inc. (“Medivolve” or the “Company”) (NEO:MEDV; OTC:COPRF; FRA:4NC) is pleased to announce that it has signed a binding letter of intent to acquire 100% of Karland Health, LLC. In 2020, Medivolve’s wholly owned subsidiary, Collection Sites LLC, launched COVID-19 testing services in conjunction with Alcala Testing and Analysis Services, a CLIA registered high complexity laboratory based in San Diego, California. Collection Sites opened their first testing location on August 8, 2020 and has grown substantially since with January tests conducted of 73,973 at an average price of US$96 per test. Appointments and payments are handled through an online portal www.testbeforeyougo.com.
Trilogy Approves Entering into Development Funding Agreement with the Alaska Industrial Development and Export Authority
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VANCOUVER, BC, Feb. 11, 2021 /PRNewswire/ -
Trilogy Metals Inc. (TSX: TMQ) (NYSE American: TMQ) ( Trilogy or the Company ) has provided approval for Ambler Metals LLC ( Ambler Metals ), the joint venture operating company equally owned by Trilogy and South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) ( South32 ), to enter into an Ambler Access Development Agreement with the Alaska Industrial Development and Export Authority ( AIDEA ).
The Ambler Access Development Agreement defines how AIDEA and Ambler Metals will work cooperatively together on the pre-development work for the Ambler Access Project to address funding and oversight of the project s feasibility and permitting activities until the parties reach a decision on the construction of the project by the end of 2024 at the latest. The cost of the pre-development
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Stem, Inc. Brings Smart Energy Storage to Electric Cooperative Projects with Today’s Power, Inc.
Stem, Inc.February 11, 2021 GMT
MILLBRAE, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) Stem, Inc. (“Stem”), a global leader in artificial intelligence (AI)-driven clean energy storage systems, today announced the Company will provide smart energy storage services to Today’s Power, Inc. (“TPI”), a renewable energy company based in North Little Rock, Ark. that develops, owns and operates renewable energy assets. A certified partner in Stem’s Partner Program, TPI will leverage Stem’s smart energy storage solution to deliver energy flexibility in electric cooperative projects, starting in Northwest Arkansas.
CAPS (Cloud, Alliance Partner and Subscription) revenue was 34%, up from 18% a year ago
Software and services were 88% of revenue, up from 86% a year ago
Recurring revenue was 65%, up from 59% a year ago
GAAP Operating income was $62 million; Non-GAAP Operating income was $163 million
GAAP Net loss was $4 million; Non-GAAP Net income was $85 million
Adjusted EBITDA was $190 million, 25.6% of revenue
Ending cash and cash equivalents were $750 million
GAAP Loss Per Share of $0.06; Non-GAAP Earnings Per Share of $0.90
“We are pleased to report first quarter results that exceeded expectations across all key metrics. Navigating a very challenging business environment, we emerged from 2020 even stronger. This success reflects the significant progress we continue to make on our transformation into an enterprise leader in cloud-based communications and collaboration solutions,” said Jim Chirico, President and CEO of Avaya. “The investments we have made in the business are gener
Neptune Acquires Controlling Interest in Sprout Foods, a Fast-Growing 3-Brand Portfolio, in Landmark Transaction yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.