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Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 21, 2025 in Zeta Global Holdings Corp. Lawsuit – ZETA

NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Zeta Global Holdings Corp. (“Zeta Global Holdings Corp.” or the “Company”) (NYSE: ZETA) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Zeta Global Holdings Corp. investors who were adversely affected by alleged securities fraud between February 27, 2024 and November 13, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/zeta-global-holdings-corp-lawsuit-submission-form-2?prid=114760&wire=3

ZETA investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Zeta used two-way contracts to artificially inflate financial results; (2) Zeta engaged in round trip transactions to artificially inflate financial results; (3) Zeta utilized predatory consent farms to collect user data; (4) these consent farms have driven almost the entirety of Zeta’s growth; and (5) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT’S NEXT? If you suffered a loss in Zeta Global Holdings Corp. during the relevant time frame, you have until January 21, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com



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Shareholders that lost money on Elanco Animal Health Incorporated (ELAN) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Elanco Animal Health Incorporated (“Elanco” or the “Company”) (NYSE: ELAN) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Elanco investors who were adversely affected by alleged securities fraud between November 7, 2023 and June 26, 2024. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/elanco-animal-health-incorporated-lawsuit-submission-form?prid=114739&wire=3

ELAN investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Zenrelia, a once-daily oral inhibitor for canine dermatology, was less safe than the Company had led investors to believe; (ii) Elanco was unlikely to meet its own previously issued timeline for the U.S. approval and commercial launch of both Zenrelia and Credelio Quattro, a broad spectrum parasiticide product for dogs; (iii) accordingly, the Company’s business and/or financial prospects were overstated; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in Elanco during the relevant time frame, you have until December 6, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com



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BOYCOM Leverages Public-Private Partnership and Calix Platform To Bring Life-Changing Connectivity to Underserved Stringtown, Missouri Homes

BOYCOM Leverages Public-Private Partnership and Calix Platform To Bring Life-Changing Connectivity to Underserved Stringtown, Missouri Homes

BOYCOM Cablevision transforms the unincorporated community of Stringtown—where, just a year ago, residents struggled to send texts from home—into a hub for the best residential broadband services in southeast Missouri thanks to a public-private partnership and the flexible Calix Broadband Platform

SAN JOSE, Calif.–(BUSINESS WIRE)–Calix, Inc. (NYSE: CALX) today announced that its customerBOYCOM Cablevision (BOYCOM), a rural cable operator serving southeastern Missouri for 35 years, has successfully brought fiber-to-the-home (FTTH) connectivity to the unincorporated community of Stringtown. This transformative project, funded by a public-private partnership with the National Telecommunications and Information Administration (NTIA) and the Missouri Office of Broadband Development, addresses decades of connectivity challenges in one of the state’s most underserved regions. Once a thriving logging hub serving the Ozarks, Stringtown has been long neglected by major broadband and cellular service providers, leaving residents with limited communication options. Until last year, many had to drive into town just to send a text or make a phone call.

“But for our public-private partnership with the NTIA and Missouri’s Office of Broadband Development led by director BJ Tanksley, connecting Stringtown with reliable fiber would not have been possible,” said Patricia Jo Boyers, president and chief executive officer at BOYCOM. “For the first time in Stringtown’s history, families can reliably access emergency services, connect their children to online education, and work remotely. Telemedicine, health monitoring devices, and other essential Wi-Fi-enabled technologies are finally accessible in a community with limited cell service. These aren’t just conveniences—they’re lifelines.”

Stringtown residents are eager to switch from satellite-based systems to the more reliable BOYCOM broadband solution. BOYCOM recently connected 32 percent of households in just 30 days, leveraging the flexible and secure Calix Broadband Platform—including Calix Cloud® insights for support and operational efficiency, Intelligent Access for seamless connectivity, and Unlimited Subscriber to enhance subscriber experiences and drive growth. With installation training and provisioning support from Calix Success, BOYCOM is on track to connect 70 percent of Stringtown households by April 2025. Residents will receive a Calix GigaSpire® Wi-Fi system and access to Calix SmartHome™ managed services like the easy-to-use CommandIQ® app for intuitive network management, ProtectIQ® advanced cybersecurity, and ExperienceIQ® content controls.

“With support from Calix, the NTIA, and the state, we turned Stringtown from one of the least connected places in southeastern Missouri to one of the best—all in just one year,” said Boyers. “After over three decades of serving rural Missouri, we knew Stringtown would be a big challenge. Yet, funding support and the flexible Calix Broadband Platform made it possible—allowing us to overcome the unique hurdles of connecting rural communities by combining fiber, hybrid coaxial, and cloud-based solutions to deliver high-quality broadband efficiently. Our success in Stringtown proves we can bring broadband to underserved areas, and we’re now pursuing Broadband Equity Access and Deployment Program (BEAD) funding to expand this impact across more underserved Missouri communities.”

Boyers, who also chairs the board of America’s Communications Association (ACA Connects), co-founded BOYCOM with her husband to bring cable service to their home when no other providers were available. Under her leadership, BOYCOM has grown to serve communities across Butler, Wayne, Carter, and Ripley counties, continually evolving to address the broadband needs of rural Missouri.

“Patty and BOYCOM exemplify true dedication to the betterment of the communities they live in and serve,” said Michael Weening, president and chief executive officer at Calix. “We are proud to support their lightning-fast, on-budget, ahead-of-schedule deployment into Stringtown with the Calix Broadband Platform, as their team transforms lives in rural Missouri. Our automation will help BOYCOM maximize their return on investment, while Calix SmartHome managed services will enhance education, remote work, and access to life-changing broadband for their subscribers. I frequently speak with Patty and am continually inspired by her relentless commitment to the communities she serves and the entire rural broadband industry as chairman of the board at ACA Connects. Stringtown is just the beginning as BOYCOM continues to transform and lead, and we are proud to be their partner.”

Discover how Calix supports broadband service providers as they apply for BEAD funds to connect more rural communities with exceptional broadband experiences.

About Calix

Calix, Inc. (NYSE: CALX)—Calix is a platform, cloud, and managed services company. Broadband service providers leverage Calix’s broadband platform, cloud, and managed services to simplify their operations, subscriber engagement, and services; innovate for their consumer, business, and municipal subscribers; and grow their value for members, investors, and the communities they serve.

Our end-to-end platform and managed services democratize the use of data—enabling our customers of any size to operate efficiently, acquire subscribers, and deliver exceptional experiences. Calix is dedicated to driving continuous improvement in partnership with our growing ecosystem to support the transformation of our customers and their communities.

This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.

Calix and the Calix logo are trademarks or registered trademarks of Calix and/or its affiliates in the U.S. and other countries. A listing of Calix’s trademarks can be found at https://www.calix.com/legal/trademarks.html. Third-party trademarks mentioned are the property of their respective owners.

Press Inquiries:

Alison Crisci

919-353-4323

[email protected]

Investor Inquiries:

Nancy Fazioli

[email protected]

KEYWORDS: California Missouri United States North America

INDUSTRY KEYWORDS: Telecommunications Networks Internet Technology Apps/Applications Carriers and Services Mobile/Wireless Security

MEDIA:

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Latham Shares 2023 Environmental, Social And Governance Report

Report Shows Reduction in Environmental Impact, Progress in Employee Welfare and Retention

LATHAM, N.Y., Dec. 05, 2024 (GLOBE NEWSWIRE) — Latham Group, Inc. [NASDAQ:SWIM], the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, has published its 2023 Environmental, Social and Governance (ESG) Report. The report highlights the company’s substantial progress in a number of ESG areas, including refinement of its greenhouse gas emissions baseline, waste reduction, improved energy efficiency, improvements in employee retention and safety and continued enhancements to its robust governance framework.

“We are proud to share the progress outlined in our 2023 ESG report, which reflects our commitments across the environmental, social and governance categories,” said Scott Rajeski, President and CEO of Latham Pools. “From building on our capability to measure greenhouse gas emissions and cutting waste in our production processes, to fostering a more inclusive and safer workplace, these achievements are a testament to the adoption of ESG into the Latham culture.”


Environmental


On the environmental front, Latham measured its annual greenhouse gas emissions for FY23 to assess the year-over-year changes in its footprint and identify areas for further improvement. Further, Latham achieved a 50% reduction in waste from fiberglass pool production compared to 2022. The company recycled thousands of tons of materials, including scrap vinyl, galvanized steel and aluminum. The company also expanded the use of more energy-efficient LED lighting to nearly half of its fiberglass facilities. Additionally, innovative measures such as adopting acetone alternatives and extending the implementation of Regenerative Thermal Oxidizer (RTO) technology to reduce emissions have further minimized Latham’s environmental impact.


Social


In the social sphere, Latham focused on its most valuable asset — its people. Providing a safe work environment for employees remained an imperative as demonstrated by Latham’s continued capital investment in safety measures in its facilities and expanded safety training program. These initiatives produced meaningful results. The company saw a substantial reduction in safety incidents in 2023. In addition, by expanding employee assistance programs and enhancing mental health resources, the company strengthened its culture of care. Latham also achieved a 45% reduction in employee turnover since 2021, reflecting its commitment to creating a supportive and engaging work environment. Diversity and inclusion remained a key priority, with 20% of Latham’s U.S. workforce representing underrepresented minorities.


Governance


Governance excellence continued to be a cornerstone of Latham’s strategy. Latham updated its Code of Conduct and Human Rights Policy, making them publicly accessible for greater transparency and 100% of its employees completed ethics and compliance training. ESG oversight was strengthened through the Nominating and Corporate Governance Committee (NCGC) of Latham’s Board of Directors, which regularly reviewed progress and provided guidance to management. Board diversity remained a priority, which helped to ensure a wide range of perspectives in decision-making. These initiatives reflect Latham’s dedication to fostering accountability, ethical practices and robust governance standards.

“Our 2023 ESG Report tells a powerful story of progress,” noted Rajeski. “As a team, we look forward to continuing our journey of continuous improvement and remain committed to leading by example for the entire industry.”

For more information about Latham, visit LathamPool.com.


About Latham, the Pool Company


Headquartered in Latham, NY, Latham Group, Inc., is the largest designer, manufacturer, and marketer of in-ground residential swimming pools and pool accessories in North America, Australia, and New Zealand. With over 60 years of experience and a coast-to-coast operations platform across 24 locations, the company offers a broad range of pool products, including fiberglass, vinyl liner, and automatic safety covers, all designed to provide homeowners with the highest quality and value. For more information, visit www.lathampool.com.

Contact: Abigail Cox or Paige Allbright
L.C. Williams & Associates
800/837-7123 or 312/565-3900
[email protected] or [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4036fdcd-4288-4fd8-9939-e921edf9f881



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L.B. Foster Company to Present at Singular Research’s Best of the Uncovereds Conference on December 12, 2024

PITTSBURGH, Dec. 05, 2024 (GLOBE NEWSWIRE) — L.B. Foster Company (NASDAQ: FSTR, the “Company”), announced today that John Kasel, President and Chief Executive Officer, and Bill Thalman, Executive Vice President and Chief Financial Officer, will present at Singular Research’s Best of the Uncovereds Conference at the Marriott Marquis hotel in San Francisco, CA. The Company’s presentation will begin at 8:30 AM (PST) on December 12, 2024. Presentation materials for the conference will be posted on the Company’s Investor Relations website under “Presentations” the morning of the conference.

A video webcast and a video replay will be available online. A webcast registration link will be available on the L.B. Foster website: www.lbfoster.com, under the Investor Relations page, on the day of the event. Video replay will remain available for 30 days.


About L.B. Foster Company

Founded in 1902, L.B. Foster Company is a global technology solutions provider of engineered, manufactured products and services that builds and supports infrastructure. The Company’s innovative engineering and product development solutions address the safety, reliability, and performance needs of its customers’ most challenging requirements. The Company maintains locations in North America, South America, Europe, and Asia. For more information, please visit www.lbfoster.com.

Investor Relations:
Lisa Durante
(412) 928-3417
[email protected]

L.B. Foster Company
415 Holiday Drive
Suite 100
Pittsburgh, PA 15220



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LIBERTY LATIN AMERICA GIVES BACK TO COMMUNITIES ACROSS LATIN AMERICA AND THE CARIBBEAN DURING ANNUAL ‘MISSION WEEK’

LIBERTY LATIN AMERICA GIVES BACK TO COMMUNITIES ACROSS LATIN AMERICA AND THE CARIBBEAN DURING ANNUAL ‘MISSION WEEK’

  • Employees and partners contributed 8,900 volunteer hours spanning 22 countries
  • Connectivity services were provided to more than 600 people in underprivileged communities

DENVER, Colorado–(BUSINESS WIRE)–Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) encouraged employees across the region to give back in local communities through its annual Mission Week volunteer initiative. More than 850 employees across 22 countries volunteered during the week of November 11 – 15. The Company’s commitment to Mission Week continues to grow, and this year, LLA employees and partners contributed more than 8,900 hours of volunteer service across Latin America and the Caribbean.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241205632486/en/

(Photo: Business Wire)

(Photo: Business Wire)

Serving others is at the heart of LLA’s culture. The Company and its team members are passionate and committed to making a difference in the areas of Learning, Environment, Access, and Disaster Relief. During Mission Week, activities included the contribution of connectivity services to more than 600 people that were previously unconnected, meal donations to more than 1,200 people in need, coastline clean-up projects where more than 1,900 pounds of trash was collected, and the production and execution of a UNICEF concert where the Costa Rica Philharmonic performed to raise funds for children across the country, among many other efforts. A video recap of Liberty Latin America’s Mission Week activities can be found here.

Michael Coakley, VP, Head of Communications, Liberty Latin America, said, “Mission Week embodies our purpose at Liberty Latin America to connect communities and change lives. It’s about making a tangible difference, and ensuring that every employee has the opportunity to give back to their local community in a meaningful way. This week, we not only highlight our community contributions but also focus on empowering our teams, fostering collaboration, and building partnerships. Mission Week helps us to inspire each other and reaffirms our commitment to being a force for positive change.”

Liberty Latin America provides additional philanthropic support through the Company’s charitable foundations: Cable & Wireless Charitable Foundation, Cable & Wireless Panama Foundation, Jamaica Flow Foundation, and Liberty Puerto Rico Foundation.

To learn more about Liberty Latin America’s Corporate Social Responsibility program, please click here.

ABOUT LIBERTY LATIN AMERICA

Liberty Latin America is a leading communications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands BTC, Flow, Liberty and Más Móvil. The communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a subsea and terrestrial fiber optic cable network that connects approximately 40 markets in the region.

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols “LILA” (Class A) and “LILAK” (Class C), and on the OTC link under the symbol “LILAB” (Class B).

For more information, please visit www.lla.com.

Investor Relations:

Kunal Patel, [email protected]

Media Relations:

Kim Larson, [email protected]

KEYWORDS: Latin America Caribbean United States North America Colorado

INDUSTRY KEYWORDS: Technology Mobile/Wireless Carriers and Services Telecommunications Philanthropy Networks Fund Raising Other Philanthropy Foundation

MEDIA:

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(Photo: Business Wire)
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NVIDIA to Open Vietnam R&D Center to Bolster AI Development

SANTA CLARA, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) — NVIDIA announced today it is opening its first Vietnam research and development center, signaling its confidence in the country’s bright artificial intelligence future.

The company is collaborating with the Vietnamese government to establish its new Vietnam Research and Development Center focused on AI. NVIDIA will use the R&D center to focus on software development, capitalizing on the country’s strong talent pool of STEM engineers, and to engage industry leaders, startups, government agencies, universities and students to accelerate the adoption of AI.

“We are delighted to open NVIDIA’s R&D center to accelerate Vietnam’s AI journey,” said Jensen Huang, founder and CEO of NVIDIA. “With our expertise in AI development, we will partner with a vibrant ecosystem of researchers, startups and enterprise organizations to build incredible AI right here in Vietnam.”

The Vietnam R&D Center will develop valuable platforms for NVIDIA and partners to nurture AI innovation. Researchers and startups will be able to use this infrastructure to develop AI applications for key industries such as healthcare, education, transportation and finance.

With the country’s rapid expansion in manufacturing for technology, automotive, electronics and textiles, Vietnam has become one of the world’s fastest-growing economies. Its AI market has also been growing in recent years, backed by technological advancements, government support and greater integration of AI in various industries. Since 2021, Vietnam has promoted AI development as part of its digital transformation strategy with the goal of fostering innovation, building a robust AI ecosystem and positioning the country as a regional leader in R&D.

“The government of Vietnam is focused on innovation as one of the key elements of its development strategy,” said Vietnam Prime Minister Pham Minh Chinh. “With this strategic partnership, the Vietnamese government and NVIDIA are committed to jointly promoting the strong development of AI technology in Vietnam and creating a bright future for the innovation ecosystem and high-tech industry in Southeast Asia.”

NVIDIA has been investing in Vietnam’s technology ecosystem for the last eight years. The company is engaged with more than 100 Vietnamese AI startups as part of its Inception program in addition to 65 universities within the country. Last year, NVIDIA began collaborating with FPT Smart Cloud as its first Vietnamese cloud partner.

About NVIDIA


NVIDIA
 (NASDAQ: NVDA) is the world leader in accelerated computing.

For further information, contact:

NVIDIA Corporate Communications
[email protected]

Certain statements in this press release including, but not limited to, statements as to: NVIDIA’s collaboration with the Vietnam government to establish its new Vietnam R&D Center focused on AI; NVIDIA using the Vietnam R&D center to focus on software development, capitalizing on the Vietnam’s strong talent pool of STEM engineers, and to engage industry leaders, startups, government agencies, universities and students to accelerate the adoption of AI; NVIDIA partnering with a vibrant ecosystem of researchers, startups and enterprise organizations to build incredible AI in Vietnam; the Vietnam R&D Center developing valuable platforms for NVIDIA and partners to nurture AI innovation; researchers and startups being able to use the Vietnam R&D Center to develop AI applications for key industries such as healthcare, education, transportation and finance; and Vietnam’s AI market growing in recent years, backed by technological advancements, government support and greater integration of AI in various industries are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

© 2024 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries.



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Daniel H. Schulman elected as Verizon lead director

NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Verizon Communications Inc. (NYSE, Nasdaq: VZ) has elected Daniel H. Schulman as lead director, effective immediately. Schulman has served on Verizon’s Board since 2018 and is the Former President and Chief Executive Officer of PayPal Holdings, Inc. Schulman succeeds Clarence Otis, Jr., who has served in the role since 2019 and who will remain an independent director.

“I am grateful for Clarence’s strategic vision as lead director. His dedication and exceptional leadership have been instrumental in guiding us through significant company milestones, including differentiated customer offerings with more value and choice. I look forward to his continued contributions to Verizon’s Board,” said Chairman and CEO Hans Vestberg. “Dan has consistently demonstrated his ability to drive revenue growth, expand market share, and create shareholder value through a focus on innovation and customer-centric solutions. I am confident that Dan’s expertise and perspective as Verizon’s new lead director will further extend our industry leadership.”

In his most recent role as the CEO of PayPal, Schulman led the company’s transformation to revolutionize how people move and manage money. Throughout his career, he has held senior leadership roles, driving significant change and growth in the technology, telecommunications and finance industries.

The Verizon Board currently consists of 11 directors, 10 of whom are independent, with a broad set of viewpoints, backgrounds and expertise to provide a range of perspectives to the Verizon management team.

About Verizon

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

Media contact:

Katie Magnotta
[email protected]
201-602-9235



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Watts Water Technologies Named a Top Place to Work by The Boston Globe

Watts Water Technologies Named a Top Place to Work by The Boston Globe

NORTH ANDOVER, Mass.–(BUSINESS WIRE)–
Watts Water Technologies, Inc. (NYSE: WTS) has been named one of the Top Places to Work in Massachusetts by The Boston Globe for the second year in a row.

Top Places to Work recognizes the most admired workplaces in the state, voted on by the people who know them best — their employees. The survey measures employee opinions about their company’s direction, execution, connection, management, work, pay and benefits, and engagement.

“For 150 years, Watts has proudly operated as a people-first organization, celebrating and recognizing our teams passion, commitment and strong work ethic,” said Robert J. Pagano, Jr., CEO, President and Chairperson of the Board. “Our strategies of providing a meaningful employee experience, career development opportunities, competitive benefits, and an inclusive culture makes us an employer of choice and we are honored to be named a Top Place to Work again this year.”

The rankings in Top Places to Work are based on confidential survey information collected by Energage, an independent company specializing in employee engagement and retention, from nearly 68,000 employees at 323 Massachusetts organizations. Watts team members reporting in to Watts’ Andover and North Andover, MA, USA locations participated in the survey earlier this year.

“We are grateful to our colleagues who continue to share what it means to work for Watts,” said Monica Barry, Chief Human Resources Officer. “Our efforts to create a positive workplace and a culture that values every team member makes us even more proud to be recognized for a second consecutive year. Every voice matters and this survey allows us to shape the future of our workplace together.”

Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions to control the efficiency, safety, and quality of water within commercial, residential, and industrial applications. To learn more about our career opportunities, go to our careers page.

For more information, visit www.watts.com.

Watts Water Technologies, Inc.

Diane McClintock

Senior Vice President FP&A and Investor Relations

Telephone: 978-689-6153

Email: [email protected]

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Utilities Energy

MEDIA:

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Australian Oilseeds Announces Fiscal 2024 Financial Results

COOTAMUNDRA, Australia, Dec. 05, 2024 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) today announced financial results for its fiscal year ended June 30, 2024.

Fiscal 2024 Financial Highlights Compared to Prior Year

  • Sales revenue increased 16.1% to A$33.7 million due to strong demand for the Company’s cold-pressed canola oil.
  • Gross margin of 17.5% improved 40 basis points reflecting lower relative production costs partially offset by brand investments along with higher freight and storage.
  • Net loss of A$21.3 million compared to net income of A$1.8 million, mostly due to A$23.2 million of recapitalization expense.
  • Adjusted EBITDA increased 15.6% to A$4.1 million.

“We are pleased to report strong fiscal 2024 results, reflecting steady progress with our key strategic initiatives,” said Gary Seaton, Chief Executive Officer. “Revenues increased by more than 16% driven by strong demand for our cold pressed canola oils and we delivered similar growth in Adjusted EBITDA. Our business momentum continues to build and we remain deeply committed to our mission of eliminating chemicals from the edible oil production and manufacturing systems to supply quality products such as non-GMO oilseeds, chemical free, and organic and non-organic food-grade oils to customers globally. More importantly, a large percentage of Canola seed that is processed by AOH is sourced from regenerative farming practices where contracted farmers are reducing their green house gas emissions for the production of Canola Seed by minimum 50% from the base line.”

About Australian Oilseeds Investments Pty Ltd. Australian Oilseeds Investments Pty Ltd. is an Australian proprietary company that, directly and indirectly through its subsidiaries, is focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.

Non-GAAP Financial Measures: This press release makes reference to certain non-GAAP measures. These measures are not recognized or defined measures under IFRS Accounting Standards, do not have standardized meaning prescribed by IFRS Accounting Standards and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional financial information to complement those IFRS Accounting Standards measures by providing further understanding of our results of operations from management’s perspective. Accordingly, these measures should not be considered in isolation or as a substitute for analysis of our financial information reported under IFRS Accounting Standards. The non-GAAP financial measures, adjustments, and reasons for adjustments should be carefully evaluated as these measures have limitations as analytical tools and should not be used in substitution for an analysis of the Company’s results under IFRS Accounting Standards.

In addition to providing financial measurements based on IFRS, we provide an additional financial metric that is not prepared in accordance with IFRS, or non-IFRS financial measure. We use this non-IFRS financial measure, in addition to IFRS financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes, to measure executive compensation, and to evaluate our financial performance. This non-IFRS financial measure is Adjusted EBITDA, as discussed below.

We believe that this non-IFRS financial measure reflects our ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business, as it facilitates comparing financial results across accounting periods and to those of peer companies. We also believe that this non-IFRS financial measure enables investors to evaluate our operating results and future prospects in the same manner as we do. This non-IFRS financial measure may exclude expenses and gains that may be unusual in nature, infrequent, or not reflective of our ongoing operating results.

The non-IFRS financial measure does not replace the presentation of our IFRS financial measures and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with IFRS.

We consider Adjusted EBITDA to be an important indicator of the operational strength and performance of our business and a good measure of our historical operating trends. Adjusted EBITDA eliminates items that we do not consider to be part of our core operations. We define Adjusted EBITDA as IFRS net loss excluding the following items: interest income; income taxes; depreciation and amortization of tangible and intangible assets; unit and stock-based compensation; Business Combination transaction expenses; and other non-recurring items that may arise from time to time.

The non-IFRS adjustments, and our basis for excluding them from our non-IFRS financial measure, are outlined below:

  ● Unit and Stock-based compensation – Although unit and stock-based compensation is an important aspect of the compensation paid to our employees, the grant date fair value varies based on the derived stock price at the time of grant, varying valuation methodologies, subjective assumptions, and the variety of award types. This makes the comparison of our current financial results to previous and future periods difficult to interpret; therefore, we believe it is useful to exclude unit and stock-based compensation from our non-IFRS financial measures to highlight the performance of our business and to be consistent with the way many investors evaluate our performance and compare our operating results to peer companies.
     
  ● Business Combination transaction expenses – Business Combination transaction expenses represent the expenses incurred solely related to the Business Combination, which we completed on March 21, 2024. It primarily includes investment banker fees, legal fees, professional fees for accountants, transaction fees, advisory fees, due diligence costs, certain other professional fees, and other direct costs associated with strategic activities. These amounts are impacted by the timing of the Business Combination. We exclude Business Combination transaction expenses from our non-IFRS financial measures to provide a useful comparison of our operating results to prior periods and to our peer companies because such amounts vary significantly based on the magnitude of the Business Combination transaction and do not reflect our core operations.


The following table reconciles IFRS net profit to Adjusted EBITDA during the periods presented (in thousands): 

  Year Ended

June 30, 2024 		  Year Ended

June 30, 2023
Net (Loss) Profit $ (21,230,681 )   $ 1,844,970
Interest Expense $ 835,813     $ 612,735
Depreciation and amortization $ 498,566     $ 571,899
Recapitalization expense $ 23,210,293     $ –
Change in fair value of warrant liabilities $ (141,874 )   $ –
Income taxes $ 313,421     $ 109,878
Business combination transaction expenses $ 611,109     $ 404,491
Adjusted EBITDA $ 4,096,647     $ 3,543,973



Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

SEC 10 K Filing link here:


https://www.sec.gov/ix?doc=/Archives/edgar/data/1959994/000149315224048520/form10-k.htm

Contact

Australian Oilseeds Holdings Limited
126-142 Cowcumbla Street
Cootamundra New South Wales 2590
Attn: Bob Wu, CFO
Email: [email protected]

Investor Relations Contact

Reed Anderson
(646) 277-1260
[email protected]