Latest news with #MettlerToledo
Yahoo
17 hours ago
- Business
- Yahoo
Mettler-Toledo price target raised to $1,260 from $1,200 at BofA
BofA raised the firm's price target on Mettler-Toledo (MTD) to $1,260 from $1,200 and keeps a Neutral rating on the shares. The firm is updating its price targets for stocks under its coverage in the Life Sciences & Diagnostic Tools, LSTs, sector, the analyst tells investors. The firm notes LSTs remain under pressure as uncertainty persists with the macro environment and U.S. government policies. Recent weeks, however, have seen some signs of improvement as tariff concerns have cools slightly, the firm adds. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on MTD: Disclaimer & DisclosureReport an Issue Mettler-Toledo initiated with an Overweight at Barclays Citi adds 'upside 90-day short-term view' on Mettler-Toledo MongoDB and Asana downgraded: Wall Street's top analyst calls UBS upgrades Mettler-Toledo to Buy into growth reacceleration UBS upgrades Mettler-Toledo to Buy ahead of growth reacceleration Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
24-04-2025
- Business
- Yahoo
Telescope Innovations Presents Results of Second Fiscal Quarter 2025
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2025) - Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) (FSE: J4U) ("Telescope Innovations", "Telescope", or the "Company") a developer of advanced technologies and services for the global pharmaceutical and chemical industries, reports financial results for the fiscal quarter ended February 28, 2025 (Q2). The Company generated revenues of $1.0 million during this quarterly period, and an adjusted EBITA loss of $0.4 million. Telescope continues to strategically reinvest revenues to drive operational growth, and financial results are consistent with management's budget expectations and FY 2025 targets. FINANCIAL HIGHLIGHTS OF THE FISCAL QUARTER ENDED FEBRUARY 28, 2025 All values are represented in CAD. Revenues of $1,004,121 (versus $686,205 for the comparable period in FY 2024) Expenses of $1,717,470 (versus $1,277,418 for the comparable period in FY 2024) Adjusted EBITA loss of $441,837 (versus loss of $325,488 for the comparable period in FY 2024) OPERATIONAL HIGHLIGHTS FLAGSHIP PRODUCT EXPANSION INTO CHINA, AND FIRST USER FORUM HOSTED BY METTLER TOLEDO. Telescope and their global distribution partner, Mettler Toledo, launched the distribution of Telescope's DirectInject-LC™ product in China. The Company also executed several product demonstrations at large accounts in expanded geographic markets, to cadvance the commercial adoption already established in the US, Europe, and Japan. In addition, Mettler Toledo hosted the first DirectInject-LC™ user forum to capitalize on and expand the product's momentum. This seminar was attended by over 200 prospective and active customers, and featured speakers from AstraZeneca, Genentech, and Takeda. These speakers presented the advantages of deploying DirectInject-LC™ within their R&D pipeline, while Telescope also presented the product's features and best practices to expand customer awareness and skill. PUBLICATION ON ACCESSORY PRODUCT TO DIRECTINJECT-LC. A new White Paper released by Mettler Toledo with Telescope CTO, Jason Hein, as a co-author, highlights the co-development of a sampling filter accessory to DirectInject-LC™ product, named the EasyFrit. This add-on enhances process understanding for crystallization chemistry and other heterogeneous processes, broadening the platform portfolio and application scope of Telescope's instrument, and thereby enhancing the market appeal of DirectInject-LC™. EasyFrit commercialization is also another example of Telescope's technology leadership and ability to develop advanced analytical tools that are readily deployed in the marketplace TEAM GROWTH BY 33% AND PROGRESS ON COLLABORATION WITH PFIZER FOR SELF-DRIVING LAB ("SDL") DEVELOPMENT. The combination of a close collaboration with Pfizer scientists and a strong financial contribution has enabled excellent progress on this project. Telescope's SDL uses artificial intelligence, advanced process analytical technology, and robotic automation to autonomously perform chemistry research. SDLs can optimize material properties and chemical synthesis methods up to 100x faster than traditional research methods, reducing the time and cost of developing new pharmaceuticals. To support the SDL Project, Telescope has expanded its team by 33% over the past six months, strengthening its expertise in chemistry, chemical engineering, robotics, and AI-driven automation. This growth supports the Company's ability to scale SDL platforms and meet the rising demand for automated research solutions in high-value chemical and pharmaceutical industries. SUCCESSFUL OUTCOME OF BRINE-TO-BATTERY PROGRAM FOR PRODUCTION OF >99% PURE BATTERY RAW MATERIALS. Over the past year, Telescope Innovations' proprietary ReCRFT™ recrystallization technology has produced battery-grade (>99% pure) lithium carbonate from a wide variety of North American lithium-containing brines. Direct Lithium Extraction (DLE) eluates were obtained from various producers with lithium brine projects across Canada and the US, including potential suppliers and customers for the eventual commercialization of the ReCRFT™ process. ReCRFT™ collapses the lithium carbonate refining flow sheet, reducing these costs to enable a sustainable, on-shore supply of battery raw materials. CTO HONOURED WITH 2025 R.U LEMIEUX AWARD. Founder and Chief Technology Officer, Professor Jason Hein, has been granted the prestigious 2025 R.U. Lemieux Award by the Chemical Institute of Canada. This award recognizes Professor Hein's contributions to organic chemistry and his pioneering research into reaction mechanisms and process development. His recognition with the R.U. Lemieux Award is a testament to his impact on both academic and industrial chemistry. Dr. Hein continues to lead Telescope's technology development team to enhance advanced analytics, robotics, and artificial intelligence platforms for process chemistry. "This quarter's results reflect disciplined execution of our strategy and the strength of our partnerships," commented Henry Dubina, Telescope CEO. "By advancing our enabling technologies and deepening our industry presence, we're building lasting value in markets where innovation drives demand." Readers are encouraged to review the full financial statements and accompanying management discussion and analysis for the fiscal year ended February 28, 2025, both of which are available under the profile for the Company on SEDAR+ ( About Telescope Telescope is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry. The Company builds and deploys new enabling technologies including flexible robotic platforms and artificial intelligence software that improves experimental throughput, efficiency, and data quality. Our aim is to bring modern chemical technology solutions to meet the most serious challenges in health and sustainability. On behalf of the Board, Telescope Innovations Corp. Henry Dubina, Chief Executive OfficerE: hdubina@ The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
Telescope Innovations Presents Results of First Fiscal Quarter 2025
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2025) - Telescope Innovations Corp. (CSE: TELI) (OTCQB: TELIF) ("Telescope" or the "Company"), a developer of advanced technologies and services for the global pharmaceutical and chemical industries, reports financial results for the fiscal quarter ended November 30, 2024 (Q1). The Company generated revenues of $1.2 million during this period, driven by strong sales performance and market adoption of its flagship product, DirectInject-LC™, and an adjusted EBITA loss of $103K. Revenues have been strategically reinvested to drive operational growth, and financial results are consistent with management's budget expectations and FY 2025 targets. FINANCIAL HIGHLIGHTS OF THE FISCAL QUARTER ENDED NOVEMBER 30, 2024 All values are represented in CAD. Revenues of $1,204,197 (versus $1,504,852 for the comparable period in FY 2024) Expenses of $1,547,734 (versus$1,289,852 for the comparable period in FY 2024) Adjusted EBITA loss of $103,177 (versus $505,171 earnings for the comparable period in FY 2024) OPERATIONAL HIGHLIGHTS FLAGSHIP PRODUCT DISTRIBUTION AND EXPANSION OF CUSTOMER BASE. Telescope successfully delivered all product orders under its multi-year global distribution agreement with Mettler Toledo for DirectInject-LC™. Product demonstrations in the US, Japan, Belgium, and Slovenia expanded market presence, while the Japan launch created immediate opportunities. Mettler Toledo also initiated a marketing campaign in November to further drive product adoption. COLLABORATIVE RESEARCH WITH PFIZER ON SELF-DRIVING LABS. Under its multi-year agreement with Pfizer, Telescope advanced research activities to develop Self-Driving Laboratories (SDLs). Powered by artificial intelligence, advanced process analytical technology, and robotics, SDLs can accelerate pharmaceutical research and development by up to 100 times compared to traditional methods. Telescope also achieved Certified Systems Integrator (CSI) status for Universal Robots systems, enhancing its ability to deploy SDLs effectively, train clients on their use, and ensure seamless adoption of this transformative technology. VALUE DEMONSTRATION OF IP FOR PRODUCING BATTERY RAW MATERIALS. The Company demonstrated production of over 99.5% pure lithium carbonate from Altillion brines using its proprietary ReCRFT™ technology, significantly reducing the costs and complexity of lithium refining. Telescope is now building a pilot plant in Vancouver to conduct scale-up engineering studies and demonstrate continuous operation to potential ReCRFT™ licensing customers. Telescope also published peer-reviewed research in Digital Discovery, showcasing how AI-driven optimization couples with ReCRFT™, achieving lithium carbonate yields exceeding 83% and improving the sustainability of lithium processing. "Our Q1 results position Telescope firmly on track to achieve our technical, strategic, and financial targets for the year," commented Henry Dubina, Telescope CEO. "The combination of strong product sales, groundbreaking collaborations such as our work with Pfizer on Self-Driving Labs, and the advancement of proprietary technologies such as ReCRFT™ highlights our ability to deliver value across multiple industries. As we continue to scale operations and reinvest in growth, we remain confident in our capacity to drive innovation and sustain our momentum throughout 2025." Readers are encouraged to review the full financial statements and accompanying management discussion and analysis for the fiscal year ended November 30, 2024, both of which are available under the profile for the Company on SEDAR+ ( About Telescope Telescope is a chemical technology company developing scalable manufacturing processes and tools for the pharmaceutical and chemical industry. The Company builds and deploys new enabling technologies including flexible robotic platforms and artificial intelligence software that improves experimental throughput, efficiency, and data quality. Our aim is to bring modern chemical technology solutions to meet the most serious challenges in health and sustainability. On behalf of the Board, Telescope Innovations Corp. Henry Dubina, Chief Executive OfficerE: hdubina@ The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit Sign in to access your portfolio
