Press Releases

Improved cash position with $50 million from acquisition of ElectraMeccanica

Delivered 180% year-over-year revenue growth

Achieved industry-leading 21% gross margins

LOS ANGELES, CA / ACCESSWIRE / May 15, 2024 / Xos, Inc. (NASDAQ: XOS) ("Xos" or the "Company"), a leading electric truck manufacturer and fleet services provider, today reported financial results for the first quarter ended March 31, 2024.

First Quarter 2024 Highlights:

• Completed acquisition of... (continue reading...)

FAIRFAX, VA / ACCESSWIRE / May 15, 2024 / WidePoint Corporation (NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, reported results for the first quarter ended March 31, 2024.

First Quarter 2024 and Recent Operational Highlights:

• Selected by the U.S. Navy as one of seven contractors for the 10-Year, $2.7 billion Spiral 4 contract
• Awarded more than 18 contractual actions resulting in approximately $22.7 million in contract value in... (continue reading...)

Q3 2024 ADHD Portfolio net revenue up 49% compared to Q3 2023

Q3 2024 adjusted EBITDA 1 improved by $7.0 million compared to Q3 2023

TTM March 2024 operating income of $7.3 million for the Rx Business

TTM March 2024 companywide adjusted EBITDA of positive $15.4 million

TTM March 2024 adjusted EBITDA of positive $17.1 million for the Rx Business

$19.8 million cash balance at March 31, 2024

Company to host conference call and webcast today, May 15, 2024, at 4:30 p.m. Eastern... (continue reading...)

WESTCHESTER, Ill., May 15, 2024 (GLOBE NEWSWIRE) -- Today, the board of directors of Ingredion Incorporated (NYSE: INGR) declared a quarterly dividend of $0.78 per share on the Company’s common stock. The dividend is payable on July 23, 2024, to stockholders of record at the close of business on July 1, 2024.

About the CompanyIngredion Incorporated (NYSE: INGR), headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving... (continue reading...)

Locks Law Firm: Philadelphia jury finds benzene in gasoline caused leukemia 

PHILADELPHIA, May 15, 2024 /PRNewswire/ -- Andrew DuPont of Locks Law Firm, obtained a verdict of $725.5M against ExxonMobil on behalf of Paul Gill and his wife Diane Gill in a benzene case in the Philadelphia Court of Common Pleas.

Paul Gill was exposed to benzene contained in Mobil Oil gasoline when he worked as a mechanic and gasoline station attendant between 1974 and 1979. As a... (continue reading...)