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0.00297176820208017 0.013372956909361 0.0846953937592867 0.025260029717682 -0.00891530460624079 -0.0124814264487371 0.00594353640416048 -0.011887072808321
Stock impact report

Beamr Issues Q1-2024 CEO Letter to Shareholders: Cloud service and AI workflows

Beamr Imaging Ltd. (BMR) 
Company Research Source: GlobeNewswire
Herzliya Israel, April 12, 2024 (GLOBE NEWSWIRE) -- Beamr (Nasdaq: BMR), a leading supplier of video optimization technology and solutions, today issued a Letter to Shareholders from Sharon Carmel, Chief Executive Officer. Dear Shareholders: I am happy to update you on our Q1 2024 activities and progress. Q1 2024 was a transformative quarter for our company as we built upon the progress and achievements that we reached in 2023, which resulted in several significant milestones for our company. Cloud service On February 20 2024, we launched the Beamr Cloud SaaS solution, which enables everyone to perform high-quality, high-scale video processing at attractive pricing. Our new video cloud service offers more capabilities than we initially expected. They include video standards modernization from AVC to HEVC, and adoption acceleration of new standards. Capital raising Also in February 2024, we raised gross proceeds of $13.8 million in an underwritten offering Show less Read more
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