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LOS ANGELES (AP) — Lynne Roberts wasn’t looking to leave the Utah women’s basketball team. Then she got a call from Los Angeles Sparks general manager Reagan Pebley that changed her thinking. Roberts was introduced Thursday as coach of the Sparks, becoming the second coach to make the leap from college to the WNBA this month. Karl Smesko of Florida Gulf Coast got the Atlanta Dream job last week. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Geralt's Voice Actor Warned by CDPR: Forbidden to Discuss "The Witcher 4"!
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Riding a 3-game win streak, the Bengals cling to playoff hopes with the Broncos nextConfirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses MONROE TOWNSHIP, N.J., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for the second quarter ended October 31, 2024 (Q2FY25). Q2FY25 Financial Highlights Strategic partnerships continue to expand our market presence: The Company reaffirms its previously issued guidance that it believes it will reach profitability (excluding unanticipated extraordinary expenses) during the fourth quarter of calendar 2025. Performance to date reflects strong demand for products, effective cost management, and progress on our strategic initiatives. Recent achievements, including previously announced partnerships, operational milestones, successful exercises and continued customer deliveries, evidence the Company's trajectory toward achieving this stated objective. On August 12, 2024, Paragon Technologies announced via press release that its Board of Directors had resolved to terminate its shareholder campaign and all related activities targeting OPT and had terminated Hesham M. Gad as Chairman and CEO. Furthermore, on December 5, 2024, Paragon disclosed that its Audit Committee engaged legal counsel from Holland & Knight LLP to conduct an independent investigation into the conduct of Mr. Gad. These developments validate our position that the dissident shareholder campaign lacked merit. With this matter resolved, OPT can now fully focus on advancing its mission and delivering sustainable, long-term value for all shareholders. Philipp Stratmann, OPT's CEO and President, stated "I'm incredibly proud of the progress we've made this quarter. Our strategic emphasis on national security, critical infrastructure, and international market expansion continues to deliver results. This reflects not just broader macro-economic trends but our ability to penetrate diverse markets and execute for new customers. We're successfully solving problems for our customers and thus capturing a market versus creating a market while converting our expanding pipeline into revenue, driven by increasing domestic and international demand. Our ability to scale and deliver on large contracts positions us for sustained growth, and we're confident in our ability to capitalize and build on this momentum. We deliver science, not fiction. FINANCIAL HIGHLIGHTS Income Statement: A conference call to discuss OPT's financial results will be held on Tuesday December 17, 2024 at 9:00 AM EDT. Philipp Stratmann, CEO, and Bob Powers, CFO will host the call. In an effort to increase relations with institutional investors, OPT management has dedicated time to hosting individual meetings with portfolio managers and analysts. If you are interested in scheduling a meeting with OPT management, please contact: OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services. The Company's headquarters is in Monroe Township, New Jersey, with an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com . FORWARD-LOOKING STATEMENTS This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release or to provide further interim updates in the future. Consolidated Balance Sheets (in $000's, except share data) 2024 2024 Consolidated Statements of Operations (in $000's, except per share data) October 31, October 31,
The transition from autumn to winter in the northern parts of China is often marked by dramatic weather shifts, and this year is no exception. As cold air masses sweep across the region, temperatures plummet, bringing about a noticeable change in the climate. From bustling cities to rural villages, people are bundling up in warm layers and dusting off their winter gear in anticipation of the colder days ahead.Facing a powerhouse like Real Madrid is no easy task, but it is a challenge that Atlanta is ready to embrace. The team knows that they will be up against one of the best teams in the world, but they are determined to show their worth and compete at the highest level. The match will be a test of Atlanta's skills, tactics, and mental strength, but they are confident that they have what it takes to leave a mark on the game.
The steady growth in original insurance premium income is a testament to China Life's strong market position and solid growth momentum. Despite the challenging economic environment and uncertainties brought about by the global pandemic, China Life has successfully maintained a positive growth trajectory throughout the year.Safety is always a top priority for consumers when it comes to purchasing a new vehicle, and some may be hesitant to purchase the Small G9 without more information about its safety features and crash test ratings. While Xiaopeng Motors has a good track record when it comes to safety, some consumers may prefer to wait for more information to become available before committing to purchasing the Small G9.
In the highly anticipated UEFA Champions League clash, defending champions Juventus will face a formidable opponent in Manchester City. The encounter between these two powerhouses of European football promises to be an exciting and closely contested affair, with both teams boasting a wealth of talent and experience.Anthony Taylor is a highly experienced referee with a wealth of knowledge and expertise when it comes to overseeing high-profile matches. His appointment to officiate the Manchester derby underscores the significance of this fixture and the need for a referee of his caliber to ensure fair and impartial officiating throughout the game.
Exciting news for all the gamers out there! A new Chinese 5V5 multiplayer competitive game called "From The Forgotten" has been unveiled to the public with real gameplay footage. The highly anticipated game is set to begin its testing phase on December 20, bringing a new level of excitement to the gaming community.The Hang Seng Tech Index Surges Over 4%: Hong Kong Stocks Rally at Closing Bell
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