UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ:UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced that it received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (the “Nasdaq”) dated November 22, 2022, indicating that the Company has regained compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules for which the Company received a notification letter from the Nasdaq on September 12, 2022 for failure to meet such rule. This matter has been closed.
Italy Based Stevanato Reports Mixed Q1 Earnings, Revises Annual Guidance On Temporary Destocking
Stevanato Group reports Q1 earnings of 236.0 million euros, down 1% Y/Y. Sales declined due to vial destocking amid pandemic effects. High-value solutions revenue up to 37% driven by syringe demand. Updated FY24 guidance reflects cautious outlook.
