Fiverr’s 2nd Annual Study Reveals Anywhere Workers Are Traveling More, For Longer, and Are Earning More, Because of a Shifting Economy

Report Shows More Women Are Choosing the Anywhere Worker Lifestyle For its Flexibility and Autonomy and Are Tired of The Typical 9-5

NEW YORK, June 08, 2023 (GLOBE NEWSWIRE) — Fiverr International Ltd., (NYSE: FVRR), the company that is revolutionizing how the world works together, has announced its second Anywhere Worker Study, releasing insights looking into the current trends of Anywhere Workers. With data from across the world, 2000 Anywhere Workers (i.e. people who work remotely while traveling from at least two locations, domestic or international, throughout the year), reveal that they are choosing to travel more and for longer periods of time.

As the global workforce continues to evolve, remote work continues to gain momentum and remains a highly valuable option and enables this group of workers to incorporate both work and travel into their lifestyle seamlessly. The reasons they choose to become Anywhere Workers range from having the desire for more flexibility, excitement, and adventure, to having grown tired of the typical 9-5 job setting, or having experienced a personal transition in their life, to being inspired by someone else’s Anywhere Worker experience. They range across all age groups, but the majority of them fall within the millennial age range, where they have a fair amount of work experience and have found full-time remote positions that offer them the flexibility to work and travel as they please.

“Work and travel are becoming increasingly blended as the global workforce evolves,” said Gali Arnon, CMO at Fiverr. “It’s incredible to see this type of work becoming more common across the globe. This growing group of workers are taking control over their careers while enriching their lives experiencing what the world has to offer. From full-time workers to freelancers, being an Anywhere Worker has never been easier and the opportunities are endless.”

Key Insights Include:

  • Anywhere Workers are traveling more now than ever and for longer

    • Over 80% of Anywhere Workers continue to plan on living this lifestyle for up to 5 years.
    • 83% of Anywhere Workers move at least once from one location to another every 6 months, up 10% compared to last year.
  • More women are leaning into the Anywhere Worker lifestyle because they are prioritizing flexibility and autonomy in their lives

    • Nearly 36% of female Anywhere Workers prioritize more flexibility and autonomy in their lives, compared to 33% of men.
    • 34% of women Anywhere Workers chose to live a life of travel and work because they were tired of working in a 9-5 setting and staying in one location, compared to 31% of men.
  • Anywhere Workers are earning more or the same since committing to this lifestyle

    • Almost all (94%) said their earnings have increased or remained stable.
    • Anywhere Workers that have experienced financial issues previously decreased by 15% compared to last year (64% vs 79%).
  • Europe and the US are the prime locations for Anywhere Workers

    • Spain is the most popular country to visit as an Anywhere Worker, followed by Portugal and Italy.
    • In the US, New York City and Texas are the top destinations for work and travel.

To learn more about Fiverr’s second Anywhere Worker study, click here.

Research conducted by Censuswide, on behalf of Fiverr (Digital Nomads) using a sample of 2000 total Digital Nomads who have worked in one of the following markets in the past 12 months: Portugal, Spain, Indonesia, Mexico, United States and Italy between 03.05.2023 – 17.05.2023. Censuswide abides by and employ members of the Market Research Society which is based on the ESOMAR principles. 

About Fiverr

Fiverr’s mission is to revolutionize how the world works together. We exist to democratize access to talent and to provide talent with access to opportunities so anyone can grow their business, brand, or dreams. From small businesses to Fortune 500, over 4 million customers worldwide worked with freelance talent on Fiverr in the past year, ensuring their workforces remain flexible, adaptive, and agile. With Fiverr’s Talent Cloud, companies can easily scale their teams from a talent pool of skilled professionals from over 160 countries across more than 600 categories, ranging from programming to 3D design, digital marketing to content creation, from video animation to architecture. Don’t get left behind – come be a part of the future of work by visiting fiverr.com, read our blog, and follow us on Twitter, Instagram, and Facebook.

Press Contacts

Holly Steffy
[email protected]

Sveva Biocca
[email protected]



Vera Therapeutics to Participate in the 44th Annual Goldman Sachs Global Healthcare Conference

BRISBANE, Calif., June 08, 2023 (GLOBE NEWSWIRE) — Vera Therapeutics, Inc. (Nasdaq: VERA), a late clinical-stage biotechnology company focused on developing and commercializing transformative treatments for patients with serious immunological diseases, today announced that the Company’s management team will participate in the 44th Annual Goldman Sachs Global Healthcare Conference, which is taking place in Dana Point, CA from June 12 – 15, 2023. Marshall Fordyce, Founder and Chief Executive Officer, and Sean Grant, Chief Financial Officer will be participating in a fireside chat during the conference.

Fireside Chat Details:

Date: Wednesday, June 14, 2023
Time: 4:40 PM PT

About Vera Therapeutics

Vera Therapeutics is a late clinical-stage biotechnology company focused on developing treatments for serious immunological diseases. Vera’s mission is to advance treatments that target the source of immunologic diseases in order to change the standard of care for patients. Vera’s lead product candidate is atacicept, a fusion protein self-administered as a subcutaneous injection once weekly that blocks both B lymphocyte stimulator (BLyS) and a proliferation inducing ligand (APRIL), which stimulate B cells and plasma cells to produce autoantibodies contributing to certain autoimmune diseases, including IgA nephropathy (IgAN), also known as Berger’s disease, and lupus nephritis. In addition, Vera is evaluating additional diseases where the reduction of autoantibodies by atacicept may prove medically useful. Vera is also developing MAU868, a monoclonal antibody designed to neutralize infection with BK Virus, a polyomavirus that can have devastating consequences in certain settings such as kidney transplant. For more information, please visit www.veratx.com.

For more information, please contact:

Investor Contact:

Joyce Allaire
LifeSci Advisors
212-915-2569
[email protected]

Media Contact:

Minyan Weiss
Uncapped Communications, Inc.
[email protected]



TransUnion Report Finds 37% Increase in Number of Property Managers Reporting Rent Payments Since Last Year

Nearly half of those who report rent payments to credit reporting agencies began doing so in 2022

CHICAGO, June 08, 2023 (GLOBE NEWSWIRE) — More than one-third (36%) of property managers who are aware of the practice of reporting rent payments to credit reporting agencies do so. The finding comes from new research from the Tenant and Employment business at TransUnion (NYSE: TRU) and represents a 37% increase from the number of property managers who said they reported such payments in 2022.

Underscoring this rising trend, nearly half (48%) of those who now report rent payments began doing so in 2022—in part through solutions like TransUnion’s TruVision™ Resident Credit. The top reasons cited for reporting rent payments were to help residents build their credit scores (86%), followed by encouraging residents to pay on time (52%).

“It’s exciting to see this kind of movement among property managers toward rent payment reporting,” said Maitri Johnson, vice president of tenant and employment screening at TransUnion. “The findings also illustrate that the property manager-tenant relationship is more than transactional – most property managers who report rent payments are doing so to help their residents improve their financial futures. Clearly, awareness of this valuable credit report asset is growing, and we hope to see even broader adoption of rent reporting going forward.”

The research included two surveys conducted in March 2023, with responses from more than 150 property management executives from mid- and large-sized firms and 3,301 current renters. The complete findings are detailed in TransUnion’s report, More Property Managers Embrace Rent Payment Reporting: Here’s Why.”

Property managers who do not want to report payments themselves are forming partnerships with third-party data furnishers in order to participate in rent reporting.

“Our residents deserve opportunities to build their credit from on-time rent payments that give them access to more financial services such as favorable interest rates on auto loans,” said Matt DeGraw, President, Bridge Property Management. “Working with TransUnion through RentDynamics has made it efficient and affordable to participate in rent payment reporting, and we’re proud to offer this amenity to our residents.”


“No” becomes “not yet”

Interestingly, when asked why they don’t report rent payments, more than half (54%) of property managers selected “other” among the list of common reasons. Nearly one-third (32%) of that segment indicated they were in the process of setting up rent payment reporting or were already doing so through a third-party data furnisher.

When asked to identify which benefits would convince them to begin reporting rent payments, 85% were at least somewhat likely to report if it meant attracting renters who pay on time.

While 62% of property managers who actually report rent payments say that the process is somewhat easy or very easy, only 43% of property managers who do not report rent payments expect that to be the case. However, that is a significant increase from last year which found only 28% expect the process to be at least somewhat easy.

“I think we’re seeing a change in perspective among property managers in that they increasingly see rent payment reporting as an important and attainable value-add they can provide renters, a new amenity that can not only support good payment behavior but also be valuable in new renter acquisition,” said Johnson.


A generational shift led by Gen Z

Despite all generations being equally aware of the possibility to have rent payments reported to credit reporting agencies, Gen Z renters have their rent payments reported at nearly double the rate of the general population—21% compared to 11%. With Gen Z making up the larger portion of today’s renter profile, this is an important paradigm shift. In addition, 80% of those who had their rent payments said their credit scores increased as a result; however, there is a generational trend in that younger renters participate in and benefit more from rent payment reporting.

Rent Payment Reporting and Impact on Credit Score by Generation

  Total Gen Z Millennials Gen X Baby Boomers
Percentage of Renters with Rent Payments Reported 11% 21% 13% 9% 4%
Percentage of Renters Whose Credit Scores Increased 80% 86% 81% 80% 63%

The report also found 58% of renters are more likely to rent from someone who reports rent payments, with even higher representation among younger generations. In addition, 82% of all renters said they would be more likely to pay rent on time if their payments were reported.

While the number of renters who said they have their rent payments reported to credit reporting agencies decreased slightly, the number of people who were unsure of whether their payments get reported increased proportionately—indicating a need for clearer communication between property managers and renters.

“Having rent payments reported is an attractive option for most renters, so property managers who participate should really leverage that benefit in their advertising and highlight it in their lease agreements,” said Johnson. “Property managers who are on the fence should understand that the practice is a win-win for both parties, as it attracts responsible renters and rewards them for on-time payments.”

For more information about the research, read More Property Managers Embrace Rent Payment Reporting: Here’s Why.”

Property managers: Get started helping your tenants build credit through reporting rent payments.

Are you a tenant interested in improving your credit score? Read TransUnion’s blog to find out more about how rent payment reporting can help. Tenants can also read TransUnion’s guide “How to Read Your Credit Report.”

About the Surveys

Property Manager Survey Methodology

This online survey of 151 property managers was conducted March 2-29, 2023, by TransUnion. Property Managers were surveyed via email through an online research platform. Survey questions were administered in English. The sample includes property managers who oversee a variety of housing types, number of units, and locations. These research results are unweighted and statistically significant at a 95% confidence level within ±7.98 percentage points based on calculated error margin. Please note some chart percentages may not add up to 100% due to rounding or multiple answers being accepted.

Consumer Survey Methodology

This online survey of 3,301 adults was conducted March 1-13, 2023, by TransUnion in partnership with third-party research provider, Dynata. Adults 18-77 years of age residing in the United States were surveyed using an online research panel method across a combination of desktop, mobile, and tablet devices. Survey questions were administered in English. All states are represented in the study survey responses. To ensure general population sample representativeness across United States resident demographics, the survey included quotas to balance responses to the census statistics on the dimensions of age, gender, household income, race, and region. Generations are defined as follows: Gen Z, born 1996-2004; Millennials, born 1981-1995; Gen X, born 1966-1980; and Baby Boomers, born 1945-1965. These research results are unweighted and statistically significant at a 95% confidence level within ±1.71 percentage points based on calculated error margin. Please note some chart percentages may not add up to 100% due to rounding or multiple answers being accepted.

About TransUnion (NYSE: TRU)

TransUnion is a global information and insights company with over 12,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

Contact Dave Blumberg
TransUnion
E-mail [email protected]
Telephone 312-972-6646



Enphase Energy Expands Solar and Battery Storage Deployments in Austria

FREMONT, Calif., June 08, 2023 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that installers of Enphase® products in Austria have seen an increase in deployments of Enphase Energy Systems™, powered by IQ® Microinverters and IQ™ Batteries.

“Austrian homeowners and businesses are increasingly coming to us looking for a safe, reliable home energy solution to power their lives,” said Jan-Michael Zumbach, CEO of Pvplus GmbH. “The Enphase Energy System with IQ Microinverters and IQ Batteries is a top choice for homeowners looking to invest in their energy future.”

“We’re proud to offer homeowners across Austria some of the highest-performing home solar and battery technology available from Enphase so homeowners can utilize clean, reliable energy,” said Norbert Gabriel, owner of Elektrohaus GABRIEL GmbH. “The system’s modular architecture is easy to install and maintain and, above all, delivers exceptional performance.”

Enphase delivers an enhanced solar-plus-battery solution which does not expose installers or homeowners to high-voltage DC. Enphase IQ Batteries feature Lithium Iron Phosphate (LFP) battery chemistry, which provides a long cycle life and smooth operation through excellent thermal stability. Enphase IQ Batteries accommodate over-the-air software upgrades for enhanced longevity and come with a 15-year limited warranty in select European countries, including Austria. Enphase’s IQ Microinverters are designed to be long-lasting energy assets and are backed by a 25-year limited warranty in Austria. Homeowners can also use the Enphase® App to monitor performance and intelligently manage their system.

Enphase systems are outfitted with the IQ™ Gateway, which connects an Enphase-based solar system to the Enphase App monitoring platform and helps make per-panel energy monitoring and insights for operations and maintenance easy.

“We’ve seen impressive demand for Enphase’s industry-leading microinverter and battery technology, which together unlock energy savings and more sustainable living,” said David Selmi, CEO of DS ELEKTRO GmbH. “The Enphase Energy System’s user-friendly monitoring capabilities provides detailed insights into system performance and allows homeowners to optimize their energy usage to meet their unique needs.”

Enphase began production shipments of microinverters from its contract manufacturer Flex in Romania earlier this year. With the Flex Romania factory, Enphase has increased its global capacity of microinverters, enabling Enphase to improve delivery times to European customers while addressing the region’s rapid growth and demand for residential solar.

“The demand for residential solar and battery storage across Europe continues to grow as homeowners look to take control of their energy,” said Marco Krapels, vice president of international sales at Enphase Energy. “We’re proud to partner with leading installers in Austria to provide the country’s businesses and homeowners with clean, reliable solar energy and help support Austria’s goal of 100% renewable electricity by 2030.”

For more information about Enphase in Austria, please visit the Enphase website.

About Enphase Energy, Inc.

Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 63 million microinverters, and approximately 3.3 million Enphase-based systems have been deployed in more than 145 countries. For more information, visit https://www.enphase.com and follow the company on Facebook, LinkedIn and Twitter.

© 2023 Enphase Energy, Inc. All rights reserved. Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks of Enphase Energy, Inc. in the US and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, performance, and reliability; the availability and market adoption of Enphase Energy products in Austria; and the growth of residential solar deployments and deployments of residential battery capacity. These forward-looking statements are based on Enphase’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of certain risks and uncertainties, including those risks described in more detail in Enphase’s most recently filed Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, its Annual Report on Form 10-K for the year ended December 31, 2022, and other documents on file with the SEC from time to time, which are available on the SEC’s website at https://www.sec.gov/. Enphase undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, or changes in its expectations, except as required by law.

Contact:

Enphase Energy
[email protected]



CARE-EOKE BY SINGING MACHINE AND RYAN SEACREST FOUNDATION PARTNER TO BRING KARAOKE AND JOY THROUGH MUSIC TO CHILDREN’S HOSPITALS NATIONWIDE

Fort Lauderdale, FL, June 08, 2023 (GLOBE NEWSWIRE) — Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (NASDAQ: MICS), the worldwide leader in karaoke products, announces a partnership between their new CARE-eoke by Singing Machine initiative and the Ryan Seacrest Foundation, with a joint mission to bring joy through music to children’s hospitals nationwide. The Ryan Seacrest Foundation has built state-of-the-art broadcast media centers, named Seacrest Studios, in 12 children’s hospitals, with two more slated to open later this year, and now they will feature official Singing Machine CARE-eoke programming for patients and their families to enjoy, as well.

Whether they are able to physically come to the studios or watch through a closed-circuit network from their hospital room TV screen, Seacrest Studios serves-up a variety of impactful entertainment programming for countless children and families during often difficult times.

Dynamic Seacrest Studios staff and special celebrity guests introduce kids to the creative realms of radio, television and new media, and bring joy to them in myriad ways. Scientific evidence suggests that singing and karaoke have impactful health and wellness benefits in addition to being fun, and so aligning with children’s hospitals through the Ryan Seacrest Foundation is a natural fit.

Over the coming months, Seacrest Studios and the CARE-eoke by Singing Machine teams will be rolling out programming in some of the nation’s leading pediatric hospitals, including Children’s Healthcare of Atlanta, Children’s Hospital of Philadelphia, Children’s Health, CHOC, Levine Children’s Hospital, Cincinnati Children’s Hospital Medical Center, Children’s Hospital Colorado, Boston Children’s Hospital, Children’s National Hospital, Monroe Carell Jr. Children’s Hospital at Vanderbilt, Orlando Health Arnold Palmer Hospital for Children and Le Bonheur Children’s Hospital.

The CARE-eoke by Singing Machine initiative seeks to collaborate with partners that share a mission to bring joy through music to children and adults of all ages and unlock the healing power of karaoke to improve mental and physical health. As the Company explores its potential to unlock impact-driven health and wellness benefits, CARE-eoke by Singing Machine intends to develop a myriad of programs, including research, experiences, donations and dedicating a percentage of profits from social impact fundraisers to support mission-aligned causes.

“Seacrest Studios help families who have a child in the hospital find priceless moments of joy, and we are beyond grateful to align with them to help bring the fun to these deserving kids and families,” said Genna Rosenberg, Social Impact Officer for Singing Machine. “When your child has to be hospitalized, it is often a scary and hard time, and Singing Machine is excited to collaborate with Seacrest Studios to deliver on our shared mission of uplifting children and aiding in the healing process. We aim to bring our signature karaoke experience to the Seacrest Studios network to provide joy to children through this partnership.”

“We are thrilled to align with Singing Machine with its CARE-eoke initiative for karaoke programming at Seacrest Studios,” said Meredith Seacrest Leach, Executive Director and COO at Seacrest Studios. “Our studio teams use karaoke to help bring joy to kids and families who are visiting the hospital, and we know this new alliance will be beneficial to families whose days will be brighter during tough times.”


About Singing Machine

The Singing Machine Company, Inc. (NASDAQ: MICS) is the worldwide leader in consumer karaoke products. Based in Fort Lauderdale, Florida, and founded over forty years ago, the Company designs and distributes the industry’s widest assortment of at-home and in-car karaoke entertainment products. Their portfolio is marketed under both proprietary brands and popular licenses, including Carpool Karaoke and Sesame Street. Singing Machine products incorporate the latest technology and provide access to over 100,000 songs for streaming through its mobile app and select WiFi-capable products and is also developing the world’s first globally available, fully integrated in-car karaoke system. The Company also has a new philanthropic initiative, CARE-eoke by Singing Machine, to focus on the social impact of karaoke for children and adults of all ages who would benefit from singing. Their products are sold in over 25,000 locations worldwide, including Amazon, Costco, Sam’s Club, Target, and Walmart. To learn more, go to www.singingmachine.com.


About Ryan Seacrest Foundation

The Ryan Seacrest Foundation (RSF) is a non-profit 501(c)(3) dedicated to inspiring today’s youth through entertainment and education-focused initiatives. RSF’s primary initiative is to build broadcast media centers — Seacrest Studios — within pediatric hospitals for patients to explore the creative realms of radio, television and new media. Founded in 2009, RSF currently has Seacrest Studios at hospitals in Atlanta, Boston, Charlotte, Cincinnati, Dallas, Denver, Orange County, Philadelphia and Washington D.C, Nashville, Orlando and Memphis. Two new studios are scheduled to open this year in Queens, NY at Cohen Children’s Medical Center and Salt Lake City, UT at Primary Children’s Hospital. For more information, visit www.ryanseacrestfoundation.org.

Investor Relations Contact: PR Contact for Singing Machine

[email protected]
Genna Rosenberg
 

www.singingmachine.com

[email protected]
 

www.singingmachine.com/investors
 



Forward-Looking St

atements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as “may”, “could”, “expects”, “projects,” “intends”, “plans”, “believes”, “predicts”, “anticipates”, “hopes”, “estimates” and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon several assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the Company’s control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors described in the Company’s filings with the Securities and Exchange Commission. The forward-looking statements are applicable only as of the date on which they are made, and the Company does not assume any obligation to update any forward-looking statements.



WNS Recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for Finance & Accounting Business Process Outsourcing

WNS Recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for Finance & Accounting Business Process Outsourcing

NEW YORK & LONDON & MUMBAI, India–(BUSINESS WIRE)–
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as a Leader by Gartner in its 2023 Magic Quadrant™ for Finance and Accounting (F&A) Business Process Outsourcing. WNS has been positioned as a Leader in the Magic Quadrant™ for the second consecutive year.

“WNS is accelerating the finance organization’s transformative journey and creating future-readiness through our domain-centric F&A expertise supported by advanced analytics and AI-led technology platforms. We believe this recognition by Gartner is a testament to our success in building differentiated, insights-led digital finance functions,” said Keshav R. Murugesh, Group CEO, WNS.

WNS’ continued focus on driving digital transformation by integrating analytics, automation, and industry-specific solutions enables CFOs to build future-ready F&A functions. As a result, WNS is able to deliver sustainable business outcomes across the end-to-end finance value chain including improvements in accuracy, timeliness, actionable insights, scalability, and cost.

The Magic Quadrant™ identifies Leaders who execute well against their current vision and are well-positioned for tomorrow.

WNS’ Finance OneOffice roadmap enables CFOs to meet future demands. The company’s modular approach to co-creating digital-led solutions with clients is in lockstep with their operational maturity and evolving business requirements.

For access to the findings, please Click Here.

Gartner, “Magic Quadrant for Finance and Accounting Business Process Outsourcing,” Sanjay Champaneri, Geraldine Garaud, Jan Ambergen, 10 May 2023.

GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About WNS

WNS is a leading Business Process Management (BPM) company. WNS combines deep industry knowledge with technology, analytics and process expertise to co-create innovative, digitally led transformational solutions with over 400 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of March 31, 2023, WNS had 59,755 professionals across 64 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, Malaysia, the Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the United Kingdom, and the United States.

For more information, visit www.wns.com or follow us on Facebook, Twitter, LinkedIn, and Instagram.

Safe Harbor Provision

This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Investors:

David Mackey

EVP- Finance & Head of Investor Relations

WNS (Holdings) Limited

+1 (646) 908-2615

[email protected]

Media:

Archana Raghuram

EVP & Global Head – Marketing & Communications

WNS (Holdings) Limited

+91 (22) 4095 2397

[email protected]; [email protected]

KEYWORDS: United States India United Kingdom North America Asia Pacific Europe New York

INDUSTRY KEYWORDS: Professional Services Data Management Technology Software Finance Fintech Accounting

MEDIA:

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Wallbox Announces ENERGY STAR® Certification for Pulsar Plus

Wallbox Announces ENERGY STAR® Certification for Pulsar Plus

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–
Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced that Pulsar Plus has achieved ENERGY STAR® Certification, highlighting the energy efficiency of Wallbox’s flagship device in the United States.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230608005406/en/

Wallbox Announces ENERGY STAR® Certification  for Pulsar Plus UL (Photo: Business Wire)

Wallbox Announces ENERGY STAR® Certification for Pulsar Plus UL (Photo: Business Wire)

Developed and administered by the United States Environmental Protection Agency (EPA), ENERGY STAR is a government-backed symbol for energy efficiency. The blue ENERGY STAR label provides simple, credible, and unbiased information that consumers, businesses, and government agencies rely on to make informed decisions when purchasing appliances and electronics. The certification will provide added brand confidence to Wallbox, with recent data showing that 68% of consumers knowingly purchased an ENERGY STAR certified product this past year.

“We are thrilled to attain ENERGY STAR certification for Pulsar Plus in the United States as it opens new market opportunities for us,” said Douglas Alfaro, Chief Business Officer at Wallbox. “74% of the US is currently covered by EV charger rebates and incentive programs, and we only expect the demand for energy-efficiency standards to increase. This certification represents another achievement for Wallbox and gives consumers further assurance in Pulsar Plus as a best-in-class, climate-friendly solution to their charging needs.”

Pulsar Plus, Wallbox’s global best-selling smart home EV charger, which is compatible with all EVs, is now produced entirely in the U.S at Wallbox’s North-American manufacturing facility in Arlington, Texas.

ENERGY STAR certified chargers are eligible for a number of residential and commercial incentive programs across the US. Users can find an outline of current EV incentives through the Wallbox EV Incentive finder and Wallbox recommends users reach out to their local utility provider for more detailed guidance on rebates.

About Wallbox

Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine users’ relationship to the grid. Wallbox goes beyond electric vehicle charging to give users the power to control their consumption, save money, and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public and public use in more than 113 countries. Founded in 2015 and headquartered in Barcelona, the company now employs more than 1,250 people in its offices in Europe, Asia, and the Americas. For additional information, please visit www.wallbox.com.

Wallbox PR Contact:

Elyce Behrsin

[email protected]

+34 673 310 905

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Environment Alternative Energy EV/Electric Vehicles Energy Automotive Technology Green Technology Other Technology

MEDIA:

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Wallbox Announces ENERGY STAR® Certification for Pulsar Plus UL (Photo: Business Wire)

Soluna Installs more than 14,600 Bitcoin Mining Machines for Its Hosting Customers

Soluna Installs more than 14,600 Bitcoin Mining Machines for Its Hosting Customers

$26M Run Rate Revenue at Projects Sophie and Dorothy

ALBANY, N.Y.–(BUSINESS WIRE)–
Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today that it has successfully installed more than 14,600 Bitcoin mining machines at its Project Dorothy site in Texas and Project Sophie site in Kentucky. This execution for Soluna’s customers comes within months after announcing the agreements at Project Sophie and Project Dorothy. The following is a summary of the current operations and financial projections.

Project Sophie (Hosting):

  • On April 6, 2023 Soluna announced a 25 MW hosting contract with a sustainability focused hosting customer.

  • Since then, Soluna has made significant progress deploying more than 7,600 machines for its hosting customer filling 23 MW of capacity, with approximately 812 PH/s installed hash rate.

  • The site holds great revenue potential, estimated at $11.8 million on an annualized run-rate basis.

Dorothy 1A (Hosting):

  • On May 10, 2023 Soluna announced it had signed a contract to fill its 25 MW capacity at Project Dorothy 1A with two strategic hosting partners, including Compass Mining.

  • More than 7,000 machines from the agreements have been deployed on the site filling 18 MW adding approximately 669 PH/s to the site’s hash rate.

  • More machines are being shipped from Soluna’s partners to fill the entire capacity by the end of June.

  • The impeccable performance of MaestroOS, Soluna’s proprietary platform, ensures seamless management of Project Dorothy’s power consumption, optimizing it automatically by monitoring grid telemetry, wind farm production, and data center power consumption.

  • The revenue potential for this site, operating at 25 MW, is projected to reach $14.2 million on an annualized run-rate basis.

Dorothy 1B (Prop-Mining):

  • Signed $14 million Prop-Mining Joint Venture with Navitas Global.

  • Construction continues on the buildings with the first five scheduled to come online by the middle of June.

John Belizaire, CEO of Soluna Holdings, commented, “After we announced our agreements to bring Project Sophie and Project Dorothy 1A each to capacity, we were all hands on deck to get machines delivered and installed for our customers. Ramping up these facilities in a safe, and timely manner continues our push to be cash flow positive from operations during the second half of 2023.”

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Soluna Holdings, Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Soluna’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and Soluna Holdings, Inc. undertakes no duty to update such information, except as required under applicable law.

About Soluna Holdings, Inc (SLNH)

Soluna Holdings, Inc. is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing intensive, batchable applications such as Bitcoin mining, AI, and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Soluna uses technology and intentional design to solve complex, real-world challenges. Up to 30% of the power of renewable energy projects can go to waste. Soluna’s data centers enable clean electricity asset owners to ‘Sell. Every. Megawatt.’

Sam Sova

Founder and CEO

SOVA

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Technology Professional Services Utilities Alternative Energy Security Energy Green Technology Telecommunications Software Networks Internet Environment Hardware Electronic Design Automation Data Management Finance Environmental Issues

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Carvana Releases Improved Q2 2023 Financial Outlook Ahead of Industry Conference

Carvana Releases Improved Q2 2023 Financial Outlook Ahead of Industry Conference

  • The Nation’s Largest Online Used Auto Retailer Announces It Expects To Achieve Adjusted EBITDA above $50 Million and Total Gross Profit Per Unit above $6,000 in Second Quarter 2023
  • Carvana CEO to Present Updated Outlook Later Today During William Blair Growth Stock Conference

PHOENIX–(BUSINESS WIRE)–
Carvana Co., the leading e-commerce platform for buying and selling used cars, announces an improved Q2 2023 outlook based on even stronger anticipated results from its continued plan to drive profitability:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230608005349/en/

More than a decade ago, Carvana set out to change the way people buy and sell cars by pioneering online car buying. Carvana allows someone to purchase a vehicle from the comfort of their home while completing the entire process online, including financing. Consumers enthusiastically endorsed this approach and made Carvana the fastest growing used automotive retailer in U.S. history. (Photo: Business Wire)

More than a decade ago, Carvana set out to change the way people buy and sell cars by pioneering online car buying. Carvana allows someone to purchase a vehicle from the comfort of their home while completing the entire process online, including financing. Consumers enthusiastically endorsed this approach and made Carvana the fastest growing used automotive retailer in U.S. history. (Photo: Business Wire)

  • Company expects to achieve Adjusted EBITDA above $50 million in second quarter 20231
  • Non-GAAP total gross profit per unit (“GPU”) expected to be above $6,000, representing a new company record and an over 63% improvement compared to second quarter 2022

  • Loans sold or securitized quarter-to-date total approximately $2 billion, compared to $1.3 billion sold or securitized quarter-to-date as of May 4th, 2023

“Our record-breaking 2023 first quarter is evidence that our strategy is working, and our updated Q2 2023 outlook demonstrates that our progress continues to positively impact the business even faster than expected,” says Ernie Garcia, Carvana Founder and CEO. “The team’s persistent focus on driving profitability has resulted in significant savings and efficiencies, and this work will persist as we continue to execute our plan.”

Carvana’s continued focus on operational efficiencies drove improvements in Q1 2023 financial results, one of the best performing quarters in company history. Meaningful efforts continue as Carvana’s team drives its business to improve unit economics in the form of a more robust GPU in Q2 2023 and to positive free cash flow in the future.

Register to virtually join Carvana’s CEO, Ernie Garcia, who will present during the William Blair 43rd Annual Growth Stock Conference on Thursday, June 8, 2023 at 6 am PT / 8 am CT / 9 am ET.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Carvana’s current expectations and projections with respect to, among other things, its financial condition, results of operations, plans, objectives, future performance, and business. These statements may be preceded by, followed by or include the words “aim,” “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “likely,” “outlook,” “plan,” “potential,” “project,” “projection,” “seek,” “can,” “could,” “may,” “should,” “would,” “will,” the negatives thereof and other words and terms of similar meaning. Forward-looking statements include all statements that are not historical facts. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Among these factors are risks related to the “Risk Factors” identified in our Annual Report on Form 10-K for 2022 and our Quarterly Reports on Form 10-Q. There is no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. Carvana does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise.

Non-GAAP Financial Measures

As appropriate, Carvana supplements its results of operations determined in accordance with U.S. generally accepted accounting principles (“GAAP”) with – and discusses forward looking guidance with – certain non-GAAP financial measurements that are used by management, and which Carvana believes are useful to investors, as supplemental operational measurements to evaluate our financial performance. These measurements should not be considered in isolation or as a substitute for reported GAAP results because they may include or exclude certain items as compared to similar GAAP-based measurements, and such measurements may not be comparable to similarly-titled measurements reported by other companies. Rather, these measurements should be considered as an additional way of viewing aspects of Carvana operations that provide a more complete understanding of its business. Carvana strongly encourages investors to review its consolidated financial statements included in publicly filed reports in their entirety and not rely solely on any one, single financial measurement or communication.

Carvana refers to the following non-GAAP measures in this press release: Adjusted EBITDA and Total gross profit per retail unit, non-GAAP.

Adjusted EBITDA is defined as net loss plus income tax expense, interest expense, other (income) expense, net, depreciation and amortization in cost of sales and SG&A, share-based compensation including the CEO Milestone Gift in cost of sales and SG&A, and restructuring costs, minus revenue related to Carvana’s Root warrants.

Gross profit, non-GAAP is defined as GAAP gross profit plus depreciation and amortization in cost of sales and share-based compensation including the CEO Milestone Gift in cost of sales, minus revenue related to Carvana’s Root warrants. Total gross profit per retail unit, non-GAAP is Gross profit, non-GAAP divided by retail vehicle unit sales.

Carvana believes that these metrics are useful measures to it and to its investors because they exclude certain financial, capital structure, and non-cash items that it does not believe directly reflects its core operations and may not be indicative of Carvana recurring operations, in part because they may vary widely across time and within its industry independent of the performance of its core operations. Carvana believes that excluding these items enables it to more effectively evaluate its performance period-over-period and relative to its competitors.

About Carvana

Carvana (NYSE: CVNA) is an industry pioneer for buying and selling used vehicles online. As the fastest growing used automotive retailer in U.S. history, its proven, customer-first ecommerce model has positively impacted millions of people’s lives through more convenient, accessible and transparent experiences. Carvana.com allows someone to purchase a vehicle from the comfort of their home, completing the entire process online, benefiting from a 7-day money back guarantee, home delivery, nationwide inventory selection and more. Customers also have the option to sell or trade-in their vehicle across all Carvana locations, including its patented Car Vending Machines, in more than 300 U.S. markets. Carvana brings a continued focus on people-first values, industry-leading customer care, technology and innovation, and is the No. 2 automotive brand in the U.S., only behind Ford, on the Forbes 2022 Most Customer-Centric Companies List. Carvana is one of the four fastest companies to make the Fortune 500 and for more information, please visit www.carvana.com and follow us @Carvana.

Carvana also encourages investors to visit its Investor Relations website as financial and other company information is posted.

1 order to clearly demonstrate Carvana’s progress and highlight the most meaningful drivers within its business, Carvana continues to use forecasted Non-GAAP financial measures (forecasted Non-GAAP total gross profit per unit and Adjusted EBITDA) as it looks toward Q2 2023 and beyond. Carvana has not provided a quantitative reconciliation of forecasted GAAP measures to forecasted Non-GAAP measures within this communication because it is unable, without making unreasonable efforts, to calculate one-time or restructuring expenses. These items could materially affect the computation of forward-looking GAAP financial metrics.

Investor Relations:

Carvana

Mike Mckeever

[email protected]

Media Relations:

Carvana

Kristin Thwaites

[email protected]

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: Technology Automotive General Automotive Public Relations/Investor Relations Other Technology Communications Internet Retail Online Retail

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More than a decade ago, Carvana set out to change the way people buy and sell cars by pioneering online car buying. Carvana allows someone to purchase a vehicle from the comfort of their home while completing the entire process online, including financing. Consumers enthusiastically endorsed this approach and made Carvana the fastest growing used automotive retailer in U.S. history. (Photo: Business Wire)

AEYE to Participate in Upcoming Investor Conferences

AEYE to Participate in Upcoming Investor Conferences

DUBLIN, Calif.–(BUSINESS WIRE)–AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced that Jordan Greene, Co-Founder, EVP and Chief Strategy Officer, will participate at the following upcoming conferences in New York City on June 14th and June 15th.

  • Cantor Fitzgerald Technology Conference 2023

    Event Date: June 15th
  • Evercore Clean Energy Conference

    Event Date: June 16th

If you plan to be at these conferences or wish to meet with AEye while they are in New York, please contact [email protected].

All presentations and supplemental materials will be available under the Investor Relations section of AEye’s website at https://investors.aeye.ai/news-events/events-presentations.

About AEye

AEye’s unique software-defined lidar solution enables advanced driver-assistance, vehicle autonomy, smart infrastructure and logistics applications that save lives and propel the future of transportation and mobility. AEye’s 4Sight™ Intelligent Sensing Platform, with its adaptive sensor-based operating system, focuses on what matters most: delivering faster, more accurate, and reliable information. AEye’s 4Sight™ products, built on this platform, are ideal for dynamic applications which require precise measurement imaging to ensure safety and performance. AEye has a global presence through its offices in Germany, Korea and the United States.

Jennifer Deitsch

AEye, Inc.

[email protected]

925-400-4366

Margaret Boyce

Financial Profiles, Inc.

[email protected]

310-622-8247

John Brownell

Financial Profiles, Inc.

[email protected]

310-622-8249

KEYWORDS: California New York United States North America

INDUSTRY KEYWORDS: Technology Automotive General Automotive Public Relations/Investor Relations Other Energy Communications Software Alternative Energy Energy Data Management

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