Tag Archives: Financial

A national government spending watchdog wants B.C. and the City of Vancouver to release the costs of hosting the 2026 FIFA Men’s World Cup, warning of an escalating price tag.

The Canadian Taxpayers Federation issued that call Thursday (March 14) after releasing the City of Toronto’s hosting contract with soccer’s world body. Toronto will host six games and Vancouver seven as two of 16 host cities spread across the United States, Mexico and Canada.

The Taxpayers Federation obtained Toronto’s contract through a freedom-of-information request. The hosting contracts of Seattle and Santa Clara near San Francisco are also publicly available.

“All of these contracts are essentially identical,”…

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Connecticut-Based Investment Group and State Officials Visits Hartford Location

HARTFORD, Conn., Jan. 25, 2024 /PRNewswire/ — Covr Financial Technologies, a leader in insurance technology, hosted a gathering of investors and politicians in their new Hartford office. The event, attended by State Senator John Fonfara, State Representative Holly Cheeseman, and Advantage Capital investors, spotlighted Covr’s growth of jobs and innovation in the state of Connecticut.

Covr’s approach to reshaping the insurance landscape through cutting-edge technology took center stage. With a focus on simplifying the…

Connecticut-Based Investment Group and State Officials Visits Hartford Location

HARTFORD, Conn., Jan. 25, 2024 /PRNewswire/ — Covr Financial Technologies, a leader in insurance technology, hosted a gathering of investors and politicians in their new Hartford office. The event, attended by State Senator John Fonfara, State Representative Holly Cheeseman, and Advantage Capital investors, spotlighted Covr’s growth of jobs and innovation in the state of Connecticut.

Covr’s approach to reshaping the insurance landscape through cutting-edge technology took center stage. With a focus on simplifying the insurance purchase journey, Covr aims to enhance efficiency and accessibility….

SILICON SLOPES, Utah–(BUSINESS WIRE)–Domo, Inc. (Nasdaq: DOMO) today announced results for its fiscal second quarter ended July 31, 2023.

Fiscal Second Quarter Results

• Total revenue was $79.7 million, an increase of 5% year over year
• Subscription revenue was $71.2 million, an increase of 6% year over year
• Subscription revenue represented 89% of total revenue
• Billings were $70.6 million, a decrease of 2% year-over-year
• Remaining Performance Obligations (RPO) was $357.6 million as of July 31, 2023, an increase of 2% year over year
• RPO expected to be recognized as revenue in the next 12 months was $232.1 million as of July 31, 2023, an increase of 3% year over year
• Net cash provided by operating activities was $0.6 million
• GAAP subscription gross margin was 84%, consistent…