latest news in financial results
Nano One Secures $12.9M DoD Funding, Streamlines for LFP Growth
Burnaby, Thursday, 14 November 2024.
Nano One Materials Corp. reports Q3 2024 results with $26.9M in net assets, focusing on lithium iron phosphate (LFP) production. The company secured $12.9M from the U.S. Department of Defense and closed a $5M land sale, strengthening its financial position for commercial expansion.
Liberty Gold's Q3 Results: TV Tower Sale Boosts Financial Outlook
Vancouver, Thursday, 14 November 2024.
Liberty Gold Corp. reports Q3 2024 financial results, highlighting the completed sale of TV Tower project in Türkiye. The transaction brings in $3.7 million immediately, with additional payments scheduled for 2025 and 2026, strengthening the company’s financial position amidst ongoing market challenges.
Rocket Companies Navigates Challenging Mortgage Market in Q3 2024
Detroit, Wednesday, 13 November 2024.
Rocket Companies reported a $481 million loss in Q3 2024, despite achieving the highest adjusted EBITDA in two years. The fintech platform saw total revenue of $647 million and adjusted revenue of $1.323 billion, exceeding guidance. Despite Federal Reserve rate cuts, mortgage rates remained high, impacting the housing market. CEO Varun Krishna expressed optimism for 2025, citing forecasted growth in the U.S. mortgage market. The company’s strategic initiatives and technological advancements aim to strengthen its market position amid ongoing economic challenges.