2 99-20

2 99-20 The Montreal Victoire announced the re-signing of defender Catherine Daoust on Thursday to fill the void created with Amanda Boulier being placed on long-term injured reserve with an upper-body injury. Daoust, 29, began this season on the Reserve Player list after playing in 24 games during Montreal's inaugural season. She also spent stints with the CWHL, PWHPA and PHF over five professional seasons before joining the Victoire. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.In promising to shake up Washington, Trump is in a class of his own

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Without much fanfare, President Joe Biden signed 50 bills into law on his last Christmas Eve in the Oval Office - ranging from establishing the first federal anti-hazing college campus standard, to making the Bald Eagle the country's first official bird, to preventing federal agencies from issuing "useless reports" (by who's standard?). The bills also named federal buildings and post offices, a law to hold youth treatment and care centers more accountable, and a law which precludes members of Congress from collecting pensions if convicted of crimes. The Epoch Times has more detail on some of the bills: SB 4610 designates the bald eagle as the national bird, clearing up what has been assumed but not codified for nearly 250 years. The bill, co-sponsored by Sens. Amy Klobuchar (D-Minn.), Cynthia Lummis (R-Wyo.), Markwayne Mullen (R-Okla.), and Tina Smith (D-Minn.), was passed by the Senate in July and by the House Dec. 16. It states “bald eagles are a historical symbol of the United States representing independence, strength, and freedom; the bald eagle is unique to North America; the bald eagle image remains the leading insignia for all branches of the United States military.” It notes that on June 20, 1782, the bald eagle was adopted as the Coat of Arms for the United States Great Seal but there was never any formal language encoded to designate it as the national bird. The new law remedies that by amending Chapter 3 of Title 36, United States Code to state , “The bald eagle (Haliaeetus leucocephalus) is the national bird.” Senate Bill 1351 , the “Stop Institutional Child Abuse Act,” creates a federal work group on youth residential programs to oversee the health, safety, care, treatment, and placement of minors in rehab and other programs. The bill had 24 bipartisan cosponsors and was adopted in the House, 373-33, on Dec. 18, after the Senate passed the bill by unanimous consent. The bill was notable for the personal involvement of socialite and activist Paris Hilton, who testified before the House Ways & Means Committee in July about mistreatment and abuse she claims to have experienced in treatment centers. House Bill 5646 , the “Stop Campus Hazing Act,” co-filed by Reps. Lucy McBath (D-Ga.) and Jeff Duncan (R-S.C.) and 57 co-sponsors, passed both chambers in unchallenged voice votes. The act, spurred by a North Carolina State University report that hazing is rampant on many college campuses, requires federally funded higher education institutions to disclose hazing incidents reported to campus or local police authorities in their annual security reports beginning Jan. 1, 2025. The president also signed SB 932, the “No CORRUPTION Act,” co-sponsored by Sens. Jacky Rosen (D-Nev.), Rick Scott (R-Fla.), and Josh Hawley (R-Mo.), which disqualifies a member of Congress “convicted of crimes related to public corruption” from receiving their retirement payments. The bill—in long form, the “No Congressionally Obligated Recurring Revenue Used As Pensions To Incarcerated Officials Act”—was adopted in the Senate in July and by the House on Dec. 16. It eliminates a loophole that allowed members to continue receiving checks while exhausting appeals, an exploitable oversight exposed by the investigation into Sen. Bob Menendez (D-N.J.). Menendez was found guilty in July of accepting bribes in exchange for using his political influence HB 5301 , the “Eliminate Useless Reports Act,” seeks to streamline federal reporting processes by requiring federal agencies to file a list of outdated or duplicative plans or reports in their annual budget justifications. The bill was introduced in 2023 by Rep. Robert Garcia (D-Calif.) with support from co-sponsors Reps. Glenn Grothman (R-Wis.) and Chuck Edwards (R-N.C.), adopted by the House in November, the Senate on Dec. 11. The president signed a slate of bills renaming local postal offices in Texas and California. A San Francisco post office will be renamed in honor of the late Sen. Dianne Feinstein (D-Calif.), who passed away in September 2023.Commerce Bank raised its stake in shares of Delta Air Lines, Inc. ( NYSE:DAL – Free Report ) by 0.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,910 shares of the transportation company’s stock after purchasing an additional 263 shares during the period. Commerce Bank’s holdings in Delta Air Lines were worth $1,468,000 at the end of the most recent quarter. Several other institutional investors have also modified their holdings of the stock. Senator Investment Group LP lifted its stake in Delta Air Lines by 90.0% in the 2nd quarter. Senator Investment Group LP now owns 475,000 shares of the transportation company’s stock valued at $22,534,000 after buying an additional 225,000 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of Delta Air Lines by 5.4% in the third quarter. Crossmark Global Holdings Inc. now owns 268,636 shares of the transportation company’s stock valued at $13,644,000 after acquiring an additional 13,802 shares in the last quarter. KBC Group NV boosted its stake in shares of Delta Air Lines by 143.7% in the third quarter. KBC Group NV now owns 56,611 shares of the transportation company’s stock worth $2,876,000 after acquiring an additional 33,378 shares during the last quarter. Olstein Capital Management L.P. increased its position in shares of Delta Air Lines by 32.6% during the third quarter. Olstein Capital Management L.P. now owns 175,000 shares of the transportation company’s stock worth $8,888,000 after purchasing an additional 43,000 shares in the last quarter. Finally, River Road Asset Management LLC lifted its holdings in Delta Air Lines by 22.8% in the 3rd quarter. River Road Asset Management LLC now owns 130,608 shares of the transportation company’s stock valued at $6,634,000 after purchasing an additional 24,249 shares in the last quarter. Institutional investors and hedge funds own 69.93% of the company’s stock. Insider Activity at Delta Air Lines In other news, SVP William C. Carroll sold 21,530 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $60.62, for a total transaction of $1,305,148.60. Following the completion of the transaction, the senior vice president now directly owns 19,756 shares of the company’s stock, valued at approximately $1,197,608.72. The trade was a 52.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, CEO Edward H. Bastian sold 68,000 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $56.33, for a total transaction of $3,830,440.00. Following the completion of the sale, the chief executive officer now directly owns 439,819 shares in the company, valued at approximately $24,775,004.27. This trade represents a 13.39 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 140,240 shares of company stock worth $8,044,893. Corporate insiders own 0.96% of the company’s stock. Wall Street Analyst Weigh In Check Out Our Latest Stock Analysis on DAL Delta Air Lines Stock Performance NYSE:DAL opened at $63.34 on Friday. Delta Air Lines, Inc. has a fifty-two week low of $35.46 and a fifty-two week high of $66.25. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.34 and a current ratio of 0.39. The company has a 50 day moving average price of $55.01 and a 200 day moving average price of $49.13. The stock has a market capitalization of $40.87 billion, a P/E ratio of 8.80, a PEG ratio of 1.20 and a beta of 1.33. Delta Air Lines ( NYSE:DAL – Get Free Report ) last issued its quarterly earnings data on Thursday, October 10th. The transportation company reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.02). The firm had revenue of $15.68 billion during the quarter, compared to analyst estimates of $14.65 billion. Delta Air Lines had a net margin of 7.71% and a return on equity of 29.93%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.03 earnings per share. Equities research analysts forecast that Delta Air Lines, Inc. will post 6.07 EPS for the current year. Delta Air Lines Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Thursday, October 10th. Delta Air Lines’s payout ratio is 8.33%. Delta Air Lines Company Profile ( Free Report ) Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo. Read More Receive News & Ratings for Delta Air Lines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta Air Lines and related companies with MarketBeat.com's FREE daily email newsletter .Relay Therapeutics to Present Updated Clinical Data on RLY-2608 in HR+/HER2- Breast Cancer at 2024 San Antonio Breast Cancer Symposium

As 2024 draws to a close, it is clear that the civil conflict in Sudan and rampant gang violence in Haiti have generated massive food insecurity crises that will only deepen in 2025, leaving unprecedented numbers of innocent people at risk of severe hunger and even starvation. Sudan Since the eruption of hostilities in Sudan between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) in April of 2023, the senseless conflict has precipitated one of the worst humanitarian crises in recent memory, including the largest internally displaced persons (IDP) crisis in 2024. According to a statement issued on Oct. 17 by a group of United Nations Special Rapporteurs, 97 percent of the 11 million internally displaced persons (IDPs) in Sudan, as well those civilians who managed to remain in their homes, endured severe levels of hunger in 2024. And the UN experts accused the combatants in the ongoing civil conflict of employing “starvation tactics” against the civilian population. “Never in modern history have so many people faced starvation and famine as in Sudan today,” the UN Special Rapporteurs declared. Similarly, the World Food Programme took to social media to sound the alarm about the worsening food insecurity crisis. “The Sudan war has sparked the world’s largest hunger crisis, leaving over 25 million people in dire need,” read the Oct. 22 nd post. In a briefing on the humanitarian situation in Sudan earlier this year, Joyce Msuya, UN Assistant-Secretary-General for Humanitarian Affairs, told the UN Security Council that the Zamzam internally displaced persons’ camp—population 500,000 people–was in a state of famine. Sudan at the end of 2024 As 2024 draws to a close, UNICEF reports that the humanitarian situation on the ground in Sudan “continues to worsen, with 13 million children facing acute food insecurity.” Moreover, 14 areas are reportedly “on the brink of famine, and famine conditions already confirmed in Zamzam camp, North Darfur.” UNICEF and its partners have provided 8.9 million people in Sudan with safe drinking water. And they have also provided 288,000 children with lifesaving treatment for malnutrition and delivered primary healthcare to 1.6 million mothers and children. However, UNICEF reports that its Sudan response is only 44 percent funded. “Urgent support is needed to sustain essential services, particularly nutrition, child protection, and healthcare,” reads the UNICEF situation report published on Dec. 17. UNICEF says that it urgently requires US$ 35 million “to replenish supplies to ensure distributions in the first quarter of 2025.” WFP staffers killed No one is safe in Sudan, not even humanitarian workers delivering life-saving food aid. On Dec. 20, three World Food Programme staffers were killed in an airstrike. The killing of humanitarian workers is a grave violation of International Humanitarian Law. “I am shocked and heartbroken by the tragic deaths of three members of the WFP Sudan country team, who lost their lives after an aerial bombardment hit the WFP Field Office Compound in Yabus, Blue Nile State on the evening of Thursday 19 December,” reads a statement issued by WFP Executive Director Cindy McCain. “Among the colleagues lost were the head of field office, a programme associate, and a security guard who were carrying out life-saving duties on the frontlines of one of the world’s largest hunger crises. One staff died immediately, while the other two were critically injured and passed away while being transferred for treatment.” McCain made it clear that the death of the WFP members was an outrage. “Any loss of life in humanitarian service is unconscionable,” she declared. “Humanitarians are not, and must never be, a target. Yet a record number have lost their lives in 2024.” UN Security Council on Sudan On Dec. 19, the UN Security Council was briefed on the situation in Sudan by Edem Wosornu, Director of Operations and Advocacy in the Office for the Coordination of Humanitarian Affairs. She underscored the “unbearable” number of civilians killed and wounded in the conflict. According to the official UN readout of the meeting, Wosornu told the Council: “while a World Food Programme convoy was able to reach Zamzam displacement camp in North Darfur on 22 November, a second convoy was delayed by an escalation in fierce fighting.” Wosornu laid out a plan to ease the suffering of the civilian population. First, all parties to the conflict must comply with international humanitarian law, including protecting civilian infrastructure and stopping sexual violence. Second, Security Council members must use their influence to ensure full humanitarian access across the county. Third, “donors must provide the $4.2 billion needed to support nearly 21 million people inside Sudan in 2025, as well as the $1.8 billion needed to support 5 million people — primarily refugees — in seven neighbouring countries.” Gangs starve Haiti According to a situation report issued by the Integrated Food Security Phase Classification (IPC), gang violence in Haiti drove “nearly 5 million people (half the population) into high levels of acute food insecurity earlier this year. The IPC projection update covered March to June 2024, and it revealed that the violence had internally displaced 362,000 people. In a March 26 th statement, UNICEF reported that “the alarming surge in armed violence in areas of Haiti” had created a “heightened risk of furthering a malnutrition crisis in the country.” The United Nations Children’s Agency warned that violence and instability had generated a child health and nutrition crisis that could “cost the lives of countless children.” According to an emergency situation report issued by the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), the violence and insecurity in Port-au-Prince severely disrupted aid operations, “both for UN humanitarian agencies and NGOs.” For example, roadblocks prevented the World Food Programme from delivering a total of 18,800 hot meals in Port-au-Prince over a three-day period during the third week of March. Insecurity worsens in December Earlier this month, the World Food Programme revealed that in excess of 50,000 Haitians had been displaced in the previous two weeks due to violence and insecurity across the country, whilst 5.4 million people endured acute hunger. In fact, the WFP reported that Haiti was experiencing “one of the highest per capita proportions of food insecurity worldwide.” “The number of Internally Displaced People in Haiti has now risen to well over 700,000, mostly in the capital Port-au-Prince and the Artibonite region,” reads a Dec. 2 nd WFP press statement. “In response to the latest surge of IDPs, WFP and partners have scaled-up support with hot meals and cash assistance.” And WFP reports that it is currently feeding approximately 50,000 IDPs per day, “the largest number of people served per day since the beginning of the crisis.” According to a Dec. 6 th update from the Famine Early Warning Systems Network (FEWS NET), which was established in 1985 by the United States Agency for International Development (USAID), “poor urban market-dependent households are struggling to access food due to increased insecurity, staple food prices above the five-year average, and falling incomes,” especially in the urban areas of Port-au-Prince. The update noted that parts of the metropolitan area were experiencing Widespread Crisis (IPC 3) and Emergency (IPC 4) levels of food insecurity. FEWS NET also reports that humanitarian access to food insecure areas of the capital city is being hampered and limited by violence and insecurity, “affecting food assistance distribution activities.” “So far this year, WFP has provided almost three million hot meals which are largely prepared using locally grown and procured ingredients,” reads the Dec. 2 nd World Food Programme statement. And the WFP plans to ramp up food assistance operations in 2025, “targeting 1.85 million individuals with emergency relief while also supporting efforts to strengthen national resilient systems.” To make that happen, the UN agency requires $94 million to run its operations over the next six months. Conclusion As long as violence and lawlessness rule the day, the already severe food insecurity crises in Sudan and Haiti will only get worse in 2025, causing needless suffering and death.

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Geneva, Switzerland , Dec. 26, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that it received formal written confirmation from The Nasdaq Stock Market, LLC ("Nasdaq”) confirming that the Company has regained compliance with Nasdaq's minimum bid price requirement. The regaining of compliance is a result of the Company's closing bid price of the Ordinary Shares being at least $1.00 for at least 10 consecutive business days prior to January 28, 2025 deadline, as described in the initial notice from Nasdaq received by the Company on August 1, 2024. The closing bid price of the Company's Ordinary Shares has been at $1.00 per share or greater from December 11 to December 24, 2024. Accordingly, Nasdaq Listing Qualifications Staff has determined that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and the matter is now closed. About SEALSQ SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com . Forward Looking Statements This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ's ability to implement its growth strategies; SEALSQ's ability to successfully launch post-quantum semiconductor technology; SEALSQ's ability to capture a share of the quantum semiconductor market; the growth of the quantum computing market; SEALSQ's ability to expand its U.S. operations; SEALSQ's ability to make additional investments towards the development of a new generation of quantum-ready semiconductors; SEALSQ's ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; the growth of the quantum computing market; and the risks discussed in SEALSQ's filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise. Carlos Moreira Chairman & CEO Tel: +41 22 594 3000 [email protected] The Equity Group Inc. Lena Cati Tel: +1 212 836-9611 / [email protected] Katie Murphy Tel: +212 836-9612 / [email protected]

Harmonic to Participate in Upcoming December 2024 Investor Conferences

DAMASCUS, Syria — Syria's prime minister said Monday that most cabinet ministers were back at work after rebels overthrew President Bashar Assad , but some state workers failed to return to their jobs, and a United Nations official said the country's public sector had come “to a complete and abrupt halt." Meanwhile, streams of refugees crossed back into Syria from neighboring countries, hoping for a more peaceful future and looking for relatives who disappeared during Assad's brutal rule. There were already signs of the difficulties ahead for the rebel alliance now in control of much of the country. The alliance is led by a former senior al-Qaida militant who severed ties with the extremist group years ago and has promised representative government and religious tolerance. The rebel command said Monday they would not tell women how to dress. “It is strictly forbidden to interfere with women’s dress or impose any request related to their clothing or appearance, including requests for modesty,” the command said in a statement on social media. Nearly two days after rebels entered the capital, some key government services had shut down after state workers ignored calls to go back to their jobs, the U.N. official said, causing issues at airports and borders and slowing the flow of humanitarian aid. Rebel leader Ahmad al-Sharaa, who was long known by his nom de guerre Abu Mohammed al-Golani, also met for the first time with Prime Minister Mohammad Ghazi Jalali, who stayed in Syria when Assad fled. “You will see there are skills" among the rebels, al-Sharaa said in a video shared on a rebel messaging channel. Israel said it carried out airstrikes on suspected chemical weapons sites and long-range rockets to keep them from falling into the hands of extremists. Israel also seized a buffer zone inside Syria after Syrian troops withdrew. In northern Syria, Turkey said allied opposition forces seized the town of Manbij from Kurdish-led forces backed by the United States, a reminder that even after Assad's departure, the country remains split among armed groups that have fought in the past. The Kremlin said Russia has granted political asylum to Assad , a decision made by President Vladimir Putin . Kremlin spokesperson Dmitry Peskov declined to comment on Assad’s specific whereabouts and said Putin did not plan to meet with him. Damascus was quiet Monday, with life slowly returning to normal, though most shops and public institutions were closed. In public squares, some people were still celebrating. Civilian traffic resumed, but there was no public transport. Long lines formed in front of bakeries and other food stores. There was little sign of any security presence though in some areas, small groups of armed men were stationed in the streets. Across swathes of Syria, families are now waiting outside prisons , security offices and courts, hoping for news of loved ones who were imprisoned or who disappeared. Just north of Damascus in the feared Saydnaya military prison, women detainees, some with their children, screamed as rebels broke locks off their cell doors. Amnesty International and other groups say dozens of people were secretly executed every week in Saydnaya, and they estimate that up to 13,000 Syrians were killed between 2011 and 2016. “Don’t be afraid," one rebel said as he ushered women from packed cells. "Bashar Assad has fallen!” In southern Turkey , Mustafa Sultan was among hundreds of Syrian refugees waiting at border crossings to head home. He was searching for his older brother, who was imprisoned under Assad. “I haven’t seen him for 13 years," he said. "I am going to go see whether he’s alive.” Jalali, the prime minister, has sought to project normalcy since Assad fled. “We are working so that the transitional period is quick and smooth,” he told Sky News Arabia TV on Monday, saying the security situation had already improved from the day before. At the court of Justice in Damascus, which was stormed by the rebels to free detainees, Judge Khitam Haddad, an aide to the justice minister in the outgoing government, said Sunday that judges were ready to resume work quickly. “We want to give everyone their rights,” Haddad said outside the courthouse. “We want to build a new Syria and to keep the work, but with new methods.” But a U.N. official said some government services had been paralyzed as worried state employees stayed home. The public sector “has just come to a complete and abrupt halt," said U.N. Resident and Humanitarian Coordinator for Syria Adam Abdelmoula, noting, for example, that an aid flight carrying urgently needed medical supplies had been put on hold after aviation employees abandoned their jobs. “This is a country that has had one government for 53 years and then suddenly all of those who have been demonized by the public media are now in charge in the nation’s capital,” Abdelmoula told The Associated Press. "I think it will take a couple of days and a lot of assurance on the part of the armed groups for these people to return to work again.” Britain and the U.S. are both considering whether to remove the main anti-Assad rebel group from their lists of designated terrorist organizations. Hayat Tahrir al-Sham began as an offshoot of al-Qaida but cut ties with the group years ago and has worked to present a more moderate image. The group's leader, al-Sharaa, “is saying some of the right things about the protection of minorities, about respecting people’s rights,” British Cabinet minister Pat McFadden said, adding that a change would be considered “quite quickly.” But British Prime Minister Keir Starmer, speaking later during a visit to Saudi Arabia, said it was "far too early” to make that decision. In Washington, a Biden administration official noted that HTS will be an “important component” in Syria's future and that the U.S. needs to “engage with them appropriately.” Another administration official said the U.S. remains in a “wait and see” mode on whether to remove the designation. Both officials requested anonymity to discuss the ongoing internal deliberations. State Department spokesman Matthew Miller told reporters that such designations are constantly under review. Even while it is in place, the designation does not bar U.S. officials from speaking with members or leaders of the group, he said. The U.S. also announced it was sending its special envoy for hostage affairs to Beirut to seek information about the whereabouts of Austin Tice, a journalist who vanished in Syria 12 years ago and who President Joe Biden has said is believed to be alive. Israelis welcomed the fall of Assad, who was a key ally of Iran and Lebanon's Hezbollah militant group, while expressing concern over what comes next. Israel says its forces temporarily seized a buffer zone inside Syria dating back to a 1974 agreement after Syrian troops withdrew in the chaos. “The only interest we have is the security of Israel and its citizens," Israeli Foreign Minister Gideon Saar told reporters Monday. Saar did not provide details about the targets, but the British-based Syrian Observatory for Human Rights said they included weapons warehouses, research centers, air defense systems and aircraft squadrons. Israel has carried out hundreds of airstrikes in Syria in recent years, targeting what it says are military sites related to Iran and Hezbollah . Israeli officials rarely comment on individual strikes. Syria agreed to give up its chemical weapons stockpile in 2013, after the government was accused of launching an attack near Damascus that killed hundreds of people . But it is widely believed to have kept some of the weapons and was accused of using them again in subsequent years. Officials in Turkey, which is the main supporter of the Syrian opposition to Assad, say its allies have taken full control of the northern Syrian city of Manbij from a U.S.-supported and Kurdish-led force known as the Syrian Democratic Forces, or SDF. The SDF said a Turkish drone struck in the village of al-Mistriha in eastern Syria, killing 12 civilians, including six children. Turkey views the SDF, which is primarily composed of a Syrian Kurdish militia, as an extension of the banned Kurdistan Workers’ Party, or PKK, which has waged a decades-long insurgency in Turkey. The SDF has also been a key ally of the United States in the war against the Islamic State group. Turkish Foreign Minister Hakan Fidan on Monday warned against allowing Islamic State or Kurdish fighters to take advantage of the situation, saying Turkey will prevent Syria from turning into a “haven for terrorism.” Mroue reported from Beirut and Goldenberg from Tel Aviv, Israel. Associated Press writers Suzan Fraser in Ankara, Turkey, Mehmet Guzel at the Oncupinar border crossing in Turkey, Jamey Keaten in Geneva, and Aamer Madhani and Matthew Lee in Washington contributed to this report. Follow the AP's Syria coverage at https://apnews.com/hub/syria

Third Quarter Fiscal 2025 Total Revenue of $529.4 million , up 22% Year-over-Year Continued Strong Customer Growth with Over 52,600 Customers as of October 31, 2024 MongoDB Atlas Revenue up 26% Year-over-Year; 68% of Total Q3 Revenue NEW YORK , Dec. 9, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB ) today announced its financial results for the third quarter ended October 31, 2024 . "MongoDB's third quarter results were significantly ahead of expectations on the top and bottom line, driven by better-than-expected EA performance and 26% Atlas revenue growth. We continue to see success winning new business due to the superiority of MongoDB's developer data platform in addressing a wide variety of mission-critical use cases," said Dev Ittycheria, President and Chief Executive Officer of MongoDB. "We continue to invest in our legacy app modernization and AI offerings as our document model and distributed architecture are exceptionally well suited for customers looking to build highly-performant, modern applications. MongoDB is in a great position to be a central pillar of the emerging AI tech stack and benefit from the next wave of application development in the years ahead." Third Quarter Fiscal 2025 Financial Highlights Revenue: Total revenue was $529.4 million for the third quarter of fiscal 2025, an increase of 22% year-over-year. Subscription revenue was $512.2 million , an increase of 22% year-over-year, and services revenue was $17.2 million , an increase of 18% year-over-year. Gross Profit: Gross profit was $394.0 million for the third quarter of fiscal 2025, representing a 74% gross margin compared to 75% in the year-ago period. Non-GAAP gross profit was $405.7 million , representing a 77% non-GAAP gross margin, consistent with a non-GAAP gross margin of 77% in the year-ago period. Loss from Operations: Loss from operations was $27.9 million for the third quarter of fiscal 2025, compared to a loss from operations of $45.2 million in the year-ago period. Non-GAAP income from operations was $101.5 million , compared to non-GAAP income from operations of $78.5 million in the year-ago period. Net Loss: Net loss was $9.8 million , or $0.13 per share, based on 74.0 million weighted-average shares outstanding, for the third quarter of fiscal 2025. This compares to a net loss of $29.3 million , or $0.41 per share, in the year-ago period. Non-GAAP net income was $98.1 million , or $1.16 per share, based on 84.2 million diluted weighted-average shares outstanding. This compares to a non-GAAP net income of $79.1 million , or $0.96 per share, in the year-ago period. Cash Flow : As of October 31, 2024 , MongoDB had $2.3 billion in cash, cash equivalents, short-term investments and restricted cash. During the three months ended October 31, 2024 , MongoDB generated $37.4 million of cash in operations, used $2.0 million of cash in capital expenditures and used $0.9 million of cash in principal repayments of finance leases, leading to free cash flow of $34.6 million , compared to free cash flow of $35.0 million in the year-ago period. A reconciliation of each non-GAAP measure to the most directly comparable GAAP measure has been provided in the financial statement tables included at the end of this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures." Third Quarter Fiscal 2025 and Recent Business Highlights MongoDB announced the general availability of MongoDB 8.0, the best-performing version of MongoDB. With more than 45 architectural enhancements and new features like vector quantization in MongoDB Atlas Vector Search, MongoDB 8.0 provides significant performance improvements, reduced costs, and additional scalability, resilience, and data security capabilities. MongoDB continues to expand its partnerships with the major cloud providers. At Amazon Web Services' (AWS) re:Invent conference, MongoDB was named AWS's Technology Partner of the Year for North America . MongoDB also announced that it obtained the AWS Modernization Competency designation and launched a MongoDB University course focused on building AI applications with MongoDB and AWS. At Microsoft Ignite, MongoDB announced new technology integrations for AI, data analytics, and automating database deployments across on-premises, cloud, and edge environments. Launched in July 2024 , the MongoDB AI Applications Program (MAAP) is designed to help companies unleash the power of their data and to take advantage of rapidly advancing AI technologies. We recently announced that Capgemini, Confluent, IBM, Unstructured, and QuantumBlack, AI by McKinsey have joined the MAAP ecosystem, offering customers additional integration and solution options. Executive Leadership Update Michael Gordon , MongoDB's Chief Operating Officer and Chief Financial Officer, will be stepping down at the end of the Company's fiscal year on January 31, 2025 , and afterwards will serve as an advisor to ensure a smooth transition. The Company has commenced an executive search process for a new CFO and will evaluate internal and external candidates. Serge Tanjga, MongoDB's Senior Vice President of Finance, will serve as interim CFO starting February 1st if a permanent successor has not been named by that date. Dev Ittycheria commented, "On behalf of everyone at MongoDB, I want to thank Michael for everything he has done to contribute to our success in his nearly 10 years with the company. In Michael's time here, MongoDB had a successful IPO, has grown revenue nearly 50x and has successfully scaled the business model to generate meaningful operating leverage. Michael has also built out a world-class finance team that I am confident will deliver a smooth transition to a new CFO in the coming months." Michael Gordon said, "I am incredibly proud of what we have accomplished as a team in my almost ten years with the company. While we have achieved much success to date, I strongly believe MongoDB is still in the early stages of realizing its full potential as it continues to expand its share in one of the largest markets in software. I'd like to thank Dev for our tremendous partnership this past decade." Fourth Quarter and Full Year Fiscal 2025 Guidance Based on information available to management as of today, December 9, 2024 , MongoDB is issuing the following financial guidance for the fourth quarter and full year fiscal 2025. Reconciliations of non-GAAP income from operations and non-GAAP net income per share guidance to the most directly comparable GAAP measures are not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity and low visibility with respect to the charges excluded from these non-GAAP measures; in particular, the measures and effects of stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in MongoDB's stock price. MongoDB expects the variability of the above charges to have a significant, and potentially unpredictable, impact on its future GAAP financial results. Conference Call Information MongoDB will host a conference call today, December 9, 2024 , at 5:00 p.m. (Eastern Time) to discuss its financial results and business outlook. A live webcast of the call will be available on the "Investor Relations" page of MongoDB's website at https://investors.mongodb.com . To access the call by phone, please go to this link ( registration link ), and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at http://investors.mongodb.com . Forward-Looking Statements This press release includes certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning MongoDB's financial guidance for the fourth fiscal quarter and full year fiscal 2025. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "project," "will," "would" or the negative or plural of these words or similar expressions or variations. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control including, without limitation: our customers renewing their subscriptions with us and expanding their usage of software and related services; the effects of the ongoing military conflicts between Russia and Ukraine and Israel and Hamas on our business and future operating results; economic downturns and/or the effects of rising interest rates, inflation and volatility in the global economy and financial markets on our business and future operating results; our potential failure to meet publicly announced guidance or other expectations about our business and future operating results; our limited operating history; our history of losses; failure of our platform to satisfy customer demands; the effects of increased competition; our investments in new products and our ability to introduce new features, services or enhancements; our ability to effectively expand our sales and marketing organization; our ability to continue to build and maintain credibility with the developer community; our ability to add new customers or increase sales to our existing customers; our ability to maintain, protect, enforce and enhance our intellectual property; the effects of social, ethical and regulatory issues relating to the use of new and evolving technologies, such as artificial intelligence, in our offerings or partnerships; the growth and expansion of the market for database products and our ability to penetrate that market; our ability to integrate acquired businesses and technologies successfully or achieve the expected benefits of such acquisitions; our ability to maintain the security of our software and adequately address privacy concerns; our ability to manage our growth effectively and successfully recruit and retain additional highly-qualified personnel; and the price volatility of our common stock. These and other risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended July 31, 2024 , filed with the SEC on August 30, 2024 . Additional information will be made available in our Quarterly Report on Form 10-Q for the quarter ended October 31, 2024 , and other filings and reports that we may file from time to time with the SEC. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise. Non-GAAP Financial Measures This press release includes the following financial measures defined as non-GAAP financial measures by the SEC: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income, non-GAAP net income per share and free cash flow. Non-GAAP gross profit and non-GAAP gross margin exclude expenses associated with stock-based compensation. Non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income and non-GAAP net income per share exclude: expenses associated with stock-based compensation including employer payroll taxes upon the vesting and exercising of stock-based awards and expenses related to stock appreciation rights previously issued to our employees in China ; amortization of intangible assets for the acquired technology and acquired customer relationships associated with prior acquisitions; and in the case of non-GAAP net income and non-GAAP net income per share, amortization of the debt issuance costs associated with our convertible senior notes and gains or losses on our financial instruments; additionally, non-GAAP net income and non-GAAP net income per share are adjusted for an assumed provision for income taxes based on an estimated long-term non-GAAP tax rate. The non-GAAP tax rate was calculated utilizing a three-year financial projection that excludes the direct impact of the GAAP to non-GAAP adjustments and considers other factors such as operating structure and existing tax positions in various jurisdictions. We intend to periodically reevaluate the projected long-term tax rate, as necessary, for significant events and our ongoing analysis of relevant tax law changes. MongoDB uses these non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to GAAP measures, in evaluating MongoDB's ongoing operational performance. MongoDB believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing its financial results with other companies in MongoDB's industry, many of which may present similar non-GAAP financial measures to investors. Free cash flow represents net cash from/used in operating activities, less capital expenditures, principal repayments of finance lease liabilities and capitalized software development costs, if any. MongoDB uses free cash flow to understand and evaluate its liquidity and to generate future operating plans. The exclusion of capital expenditures, principal repayments of finance lease liabilities and amounts capitalized for software development facilitates comparisons of MongoDB's liquidity on a period-to-period basis and excludes items that it does not consider to be indicative of its liquidity. MongoDB believes that free cash flow is a measure of liquidity that provides useful information to investors in understanding and evaluating the strength of its liquidity and future ability to generate cash that can be used for strategic opportunities or investing in its business in the same manner as MongoDB's management and board of directors. Non-GAAP financial measures have limitations as an analytical tool and should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. In particular, other companies may report non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP net income, non-GAAP net income per share, free cash flow or similarly titled measures but calculate them differently, which reduces their usefulness as comparative measures. Investors are encouraged to review the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures, as presented below. This earnings press release and any future releases containing such non-GAAP reconciliations can also be found on the Investor Relations page of MongoDB's website at https://investors.mongodb.com . About MongoDB Headquartered in New York , MongoDB's mission is to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. Built by developers, for developers, MongoDB's developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for today's wide variety of modern applications, all in a unified and consistent user experience. MongoDB has tens of thousands of customers in over 100 countries. The MongoDB database platform has been downloaded hundreds of millions of times since 2007, and there have been millions of builders trained through MongoDB University courses. To learn more, visit mongodb.com . Investor Relations Brian Denyeau ICR for MongoDB 646-277-1251 [email protected] Media Relations MongoDB [email protected] SOURCE MongoDB, Inc.Impressive Herbert leads Chargers into playoffs