H100 Group completed its acquisition of NSD AS on August 10, adding 2,455.37 Bitcoin to its treasury and increasing total holdings to 3,506.4 BTC. The deal was settled by issuing 790.5 million new shares to NSD's sellers, valued at SEK 1.86 per share based on Bitcoin's July 31 price, with no cash exchanged. This transaction caused about 70% dilution in shares but kept Bitcoin per share stable, while fully diluted sats per share rose by 5%. The acquisition also brought Moonshot AS and PDI AS into H100's structure, enhancing its Bitcoin management and technology capabilities. The new shares are expected to start trading soon on the NGM Nordic SME market.
iRhythm Technologies reported strong Q2 results with revenue up 20.1% to $224.2 million and earnings of $0.58 per share, beating expectations. Profitability improved with a gross margin of 72.8% and adjusted EBITDA of $43.3 million. Following this, T...
Heron Therapeutics reported a Q2 loss per share of -$0.03, missing analyst expectations of -$0.02, with revenue of $37.67 million falling short of the $42.19 million estimate. Despite 44% growth in its acute-care franchise, slower expansion of key pr...
Teleflex reported Q2 revenue of $570.3 million, driven by its Vascular and Surgical segments, with adjusted EPS up 1.7% to $1.76. The company is selling its Acute Care, Interventional Urology, and OEM businesses for about $2.03 billion in cash to red...
Sun Life Financial reported strong Q2 results with earnings of $1.46 per share and revenues of $10.10 billion, surpassing analyst expectations. Growth was driven by a 27% rise in group insurance sales, 16% increase in individual sales, and a 10% boos...
Perion Network reported Q2 earnings with an EPS of $0.09, surpassing analyst estimates despite a revenue decline to $98.24 million from $102.98 million last year. The company is strategically moving away from traditional open-web advertising toward h...
