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Disaster Recovery Journal
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Sutton Bank and Privacy Lock Announce Partnership for Privacy Compliance

by DRJ Editorial Team | July 31, 2023 | | 0 comments

DENVER–(BUSINESS WIRE)–Privacy Lock is pleased to announce it has entered into a strategic partnership with Sutton Bank, an Ohio community bank that is a leading issuer of nationwide payment card programs. New privacy rules and regulations are spreading quickly at the state and federal level. As of this writing, eleven states have passed consumer data… Continue reading Sutton Bank and Privacy Lock Announce Partnership for Privacy Compliance

Dynatrace to Acquire Rookout to Deliver Code Debugging in Production Environments

by DRJ Editorial Team | July 31, 2023 | | 0 comments

Expansion of the Dynatrace unified observability and security platform will enable developers to improve release quality and deliver better customer value WALTHAM, Mass.–(BUSINESS WIRE)–Dynatrace (NYSE: DT), the leader in unified observability and security, today announced it has signed a definitive agreement to acquire Rookout, a provider of enterprise-ready and privacy-aware solutions that enable developers to… Continue reading Dynatrace to Acquire Rookout to Deliver Code Debugging in Production Environments

Arconic Reports Second Quarter 2023 Results

by DRJ Editorial Team | July 31, 2023 | | 0 comments

Second Quarter 2023 Highlights Sales of $2.0 billion, down 22% year over year, up 1% organically year over year, up 3% from prior quarter Net income of $59 million, or $0.58 per share, compared with $114 million, or $1.05 per share, in second quarter 2022 Adjusted EBITDA of $198 million, up 10% from second quarter… Continue reading Arconic Reports Second Quarter 2023 Results

LICT Corporation Announces Board Approval of Michigan Spin-Off to MachTen

by DRJ Editorial Team | July 31, 2023 | | 0 comments

RYE, New York–(BUSINESS WIRE)–LICT Corporation (OTC Pink: LICT) announced today that its Board of Directors has approved the previously announced separation of the company’s wholly owned Michigan subsidiary through a pro rata distribution into newly formed parent company MachTen, Inc. LICT shareholders will receive a distribution of 150 shares of MachTen common stock for every… Continue reading LICT Corporation Announces Board Approval of Michigan Spin-Off to MachTen

Knight-Swift Transportation Holdings Inc. Announces Appointment of Amy Boerger to Board of Directors and Quarterly Cash Dividend

by DRJ Editorial Team | July 31, 2023 | | 0 comments

PHOENIX–(BUSINESS WIRE)–Knight-Swift Transportation Holdings Inc. (NYSE: KNX): Knight-Swift Appoints Amy Boerger to the Board Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the “Company” or “Knight-Swift”) announced today that Amy Boerger was appointed to Knight-Swift’s Board of Directors (the “Board”) effective as of August 1, 2023. Ms. Boerger will serve until the 2024 annual meeting of stockholders.… Continue reading Knight-Swift Transportation Holdings Inc. Announces Appointment of Amy Boerger to Board of Directors and Quarterly Cash Dividend

ZoomInfo Announces Second Quarter 2023 Financial Results

by DRJ Editorial Team | July 31, 2023 | | 0 comments

GAAP Revenue of $308.6 million Grows 16% year-over-year GAAP Operating Margin of 19% and Adjusted Operating Income Margin of 41% Cash Flow from Operations of $116.7 million and Unlevered Free Cash Flow of $121.5 million Announces $500 million Share Repurchase Program VANCOUVER, Wash.–(BUSINESS WIRE)–ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find, acquire, and grow customers,… Continue reading ZoomInfo Announces Second Quarter 2023 Financial Results

Western Digital Reports Fiscal Fourth Quarter and Fiscal Year 2023 Financial Results

by DRJ Editorial Team | July 31, 2023 | | 0 comments

News Summary Fourth quarter revenue was $2.7 billion, down 5% sequentially (QoQ). Cloud revenue decreased 18% (QoQ), Client revenue increased 6% and Consumer revenue increased 3% (QoQ). Fiscal year 2023 revenue was $12.3 billion. Fourth quarter GAAP earnings per share (EPS) was $(2.27) and Non-GAAP EPS was $(1.98), which includes $211 million of underutilization related… Continue reading Western Digital Reports Fiscal Fourth Quarter and Fiscal Year 2023 Financial Results

DoubleVerify Reports Second Quarter 2023 Financial Results

by DRJ Editorial Team | July 31, 2023 | | 0 comments

Increased Revenue by 22% Year-over-Year to $133.7 Million Driven by Global Growth in Social, CTV Measurement and Programmatic Activation Achieved Net Income of $12.8 Million and Adjusted EBITDA of $40.0 Million, representing a 30% Adjusted EBITDA margin Agreed to Acquire Scibids, the Global Leader in AI Powered Digital Campaign Optimization NEW YORK–(BUSINESS WIRE)–DoubleVerify (“DV”) (NYSE:… Continue reading DoubleVerify Reports Second Quarter 2023 Financial Results

DoubleVerify Extends Leadership in Independent AI Powered Campaign Optimization Solutions with Agreement To Acquire Scibids

by DRJ Editorial Team | July 31, 2023 | | 0 comments

Combination provides an industry-first solution that will seamlessly connect DV’s trusted impression-level data with Scibids’ best-in-class AI technology to maximize campaign performance NEW YORK–(BUSINESS WIRE)–DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced that it has entered into an agreement to acquire Scibids Technology SAS (“Scibids”), a… Continue reading DoubleVerify Extends Leadership in Independent AI Powered Campaign Optimization Solutions with Agreement To Acquire Scibids

Arista Networks, Inc. Reports Second Quarter 2023 Financial Results

by DRJ Editorial Team | July 31, 2023 | | 0 comments

SANTA CLARA, Calif.–(BUSINESS WIRE)–Arista Networks, Inc. (NYSE: ANET), an industry leader in data-driven, client to cloud networking for large data center, campus and routing environments, today announced financial results for its second quarter ended June 30, 2023. “Arista again achieves record revenue and profitability for Q2 2023,” said Jayshree Ullal, President and CEO of Arista… Continue reading Arista Networks, Inc. Reports Second Quarter 2023 Financial Results

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