Press Releases

• First quarter revenue grew 13% year-over-year to $64.8 million
• First quarter subscription revenue grew 34% year-over-year to $40.0 million
• Annual Recurring Revenue (ARR) increased 9% year-over-year to $154.6 million1
• Net Retention Rate (NRR) of 107%2

BOSTON--(BUSINESS WIRE)-- OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today reported financial results for the first quarter ended March 31, 2024.

“I am very proud of the... (continue reading...)

VERO BEACH, Fla.--(BUSINESS WIRE)-- Bimini Capital Management, Inc. (OTCQB: BMNM), (“Bimini Capital,” “Bimini,” or the “Company”), today announced results of operations for the three-month period ended March 31, 2024.

First Quarter 2024 Highlights

• Net income of $0.2 million, or $0.02 per common share
• Book value per share of $0.83
• Company to discuss results on Friday, May 3, 2024, at 10:00 AM ET

Management Commentary

Commenting on the... (continue reading...)

• Bexicaserin (LP352) Phase 1b/2a PACIFIC Study positive topline data in participants with Developmental and Epileptic Encephalopathies (DEEs) were reported in Q1 2024
• Presented late-breaking data for bexicaserin from the PACIFIC Study at the American Academy of Neurology (AAN) Annual Meeting in April 2024
• Bexicaserin global Phase 3 program expected to initiate by YE 2024
• LP659 first-in-human Phase 1 single-ascending dose (SAD) study topline data expected Q2... (continue reading...)

BUDD LAKE, NJ, May 02, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today the consummation effective April 30, 2024 of a transaction for the sale of its Chips business and indium phosphide (InP) wafer fabrication operations for a total purchase price of $2.92 million, together with the assumption by the buyer, HieFo Corporation,... (continue reading...)

AUSTIN, Texas--(BUSINESS WIRE)-- Upland Software, Inc. (Nasdaq: UPLD), a leader in cloud-based tools for digital transformation, today announced financial and operating results for the first quarter 2024 and issued guidance for its second quarter and full year of 2024.

First Quarter 2024 Financial Highlights

• Total revenue was $70.7 million, a decrease of 8% from $77.1 million in the first quarter of 2023.
• Subscription and support revenue was $67.1 million, a... (continue reading...)