Sports betting leader to expand to 27th market with mobile and retail offerings JERSEY CITY, N.J., Aug. 7, 2023 /PRNewswire/ — BetMGM, a leading sports betting and iGaming operator, and Revolutionary Racing Kentucky (RRKY) announced today a new market access agreement allowing BetMGM to bring its online and retail sports betting platform to Kentucky once… Continue reading BetMGM Announces Kentucky Market Access Agreement with Revolutionary Racing
Tag: Financial Results
India: After Zomato, SoftBank-backed Meesho turns profitable
Indian social commerce player Meesho on Monday said it has turned profitable, helped by a rise in order value and a drop in expenses. The company said it has attained profitability at a consolidated PAT (profit after tax) level, encompassing all costs (including ESOP), across all its divisions and categories. In the last 12 months,… Continue reading India: After Zomato, SoftBank-backed Meesho turns profitable
Private equity firm KKR reports lower-than-expected 23% drop in Q2 earnings
Private equity firm KKR & Co Inc said on Monday its second quarter after-tax distributable earnings fell 23% year-on-year as growth in management and transaction fees could not offset a slump in asset sales. After-tax distributable earnings fell to $652.6 million from $851.2 million a year earlier. That translated to after-tax distributable earnings per share… Continue reading Private equity firm KKR reports lower-than-expected 23% drop in Q2 earnings
Viasat Receives Over $80M in Development Awards for Multi-Function AESAs Across Warfighting Domains
CARLSBAD, Calif., Aug. 7, 2023 /PRNewswire/ — Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it has received awards totaling over $80 million to develop Active Electronically Scanned Array (AESA) systems for ground, maritime, and space applications. AESA, a type of phased array antenna that offers greater flexibility and resilience to support military platforms, is… Continue reading Viasat Receives Over $80M in Development Awards for Multi-Function AESAs Across Warfighting Domains
Equestrian Software Provider EC Pro Expands to the United States
GERMANTOWN, Tenn., Aug. 7, 2023 /PRNewswire/ — Equestrian software provider, EC Pro, announced today that it is expanding globally to the United States in partnership with ECP U.S. Management. Founder and CEO, Jamie Arnold, stated, “We’re very excited about our expansion into the U.S. When I founded ECP Pro in 2017, I set out with… Continue reading Equestrian Software Provider EC Pro Expands to the United States
RateGain announces results for Q1FY24; Records its Biggest Quarter in Revenue Growth and Triples PAT YoY
DALLAS, Aug. 7, 2023 /PRNewswire/ — RateGain Travel Technologies Limited (NSE: RATEGAIN), a global provider of AI-powered SaaS solutions for the hospitality and travel industry, today announced its financial results for Q1 FY24 ending on June 30, 2023, reporting robust revenue growth and improving profitability as the companies continue to build on a record year last… Continue reading RateGain announces results for Q1FY24; Records its Biggest Quarter in Revenue Growth and Triples PAT YoY
Pioneer Power to Provide E-Bloc Solution to Support Rove Full-Service EV Charging Centers in California
Multi-Million Dollar Order Significantly Expands E-Bloc Backlog; Will Support Its Full-Service, Ultra High-Speed Charging Locations in California FORT LEE, N.J., Aug. 7, 2023 /PRNewswire/ — Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer Power” or the “Company”), a leader in the design, manufacture, service, and integration of electrical power systems, distributed energy resources, power generation equipment… Continue reading Pioneer Power to Provide E-Bloc Solution to Support Rove Full-Service EV Charging Centers in California
Goal is to provide affordable green hydrogen as alternative to traditional fuels, says Mukesh Ambani
“Considering the collective potential of our five giga factories, we are well on track for establishing a world class, self-sufficient green energy ecosystem.” Reliance Industries Limited (RIL) aims to provide affordable green hydrogen as a viable alternative to traditional fuels, said Chairman Mukesh Ambani in Ambani in RIL’s integrated annual report 2022-23 released on Sunday.… Continue reading Goal is to provide affordable green hydrogen as alternative to traditional fuels, says Mukesh Ambani
German Handelsblatt: Accident: Daimler Truck CFO Goetz dies at the age of 52007444
Jochen Goetz The CFO of Daimler Truck died unexpectedly. Daimler Truck CFO Jochen Goetz is dead. The 52-year-old died in a tragic accident on Saturday, the Stuttgart-based commercial vehicle group announced on Sunday evening. Goetz had been a member of the board for a good two years and a few months later took the truck… Continue reading German Handelsblatt: Accident: Daimler Truck CFO Goetz dies at the age of 52007444
JK Tyres eyeing funds for Rs 1,100 crore investment plan
JK Tyre & Industries, the flagship company of JK Group, has revived its Rs 1,100 crore investment plan, which was postponed in 2018 due to a slowdown in macroeconomic indicators. The company is now going all out to tap into the growing demand for tyres in India. Dr. Raghupati Singhania, the Chairman and Managing Director… Continue reading JK Tyres eyeing funds for Rs 1,100 crore investment plan