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BioHiTech Global, Inc. has officially changed its name to Renovare Environmental, Inc., effective December 13, 2021, and will now trade under the symbol RENO on Nasdaq. The rebranding reflects the company's mission to provide sustainable solutions for waste management, emphasizing circular economy principles. CEO Anthony Fuller stated that the new brand aligns with their commitment to reducing carbon footprints and landfill reliance. Renovare focuses on technology that converts waste into renewable fuel and provides innovative analytics tools.
BioHiTech Global (NASDAQ: BHTG) announced that CEO Tony Fuller will present at the Sequire Clean Tech & EV Virtual Conference on December 6, 2021, at 1:30 PM ET. The presentation will focus on the Company’s business model and growth strategy. BioHiTech specializes in sustainable waste management solutions aimed at improving environmental outcomes. Interested investors can register for the event HERE and request one-on-one meetings with Mr. Fuller.
BioHiTech Global, Inc. (NASDAQ: BHTG) has secured an order for three Revolution Digesters from Villanova University to enhance its sustainability efforts and minimize campus waste. This project aligns with Villanova's commitment to sustainable dining practices, allowing the institution to reduce food waste and carbon footprint significantly. BioHiTech emphasizes its mission to enable educational institutions to adopt environmentally-friendly waste management solutions, educating students on sustainability technologies through site visits and partnerships with various universities.
BioHiTech Global (NASDAQ: BHTG) announces it has secured approximately $1.5 million in new orders from Carnival Corp for their Digesters and maintenance services. This reflects Carnival's ongoing commitment to sustainability and support for BioHiTech's systems. CEO Anthony Fuller expressed optimism regarding the partnership, emphasizing the importance of their technology in achieving Environmental, Social, and Governance (ESG) goals. BioHiTech's Digesters utilize advanced data analytics to manage food waste efficiently, reinforcing the company's role in promoting sustainable waste management practices.
BioHiTech Global (NASDAQ: BHTG) announces the availability of a replay of its third quarter 2021 conference call through February 18, 2022. Investors can access the replay via a provided webcast link or by calling specific phone numbers.
BioHiTech focuses on sustainable waste management technologies that convert waste into renewable fuel and reduce food waste. The company emphasizes cost-effective solutions for businesses and facilities aiming to lower their environmental impact.
BioHiTech Global (NASDAQ: BHTG) reported a remarkable Q3 2021, with revenues reaching $4.5 million, marking a 509% increase year-over-year and a 31% increase from the previous quarter. This growth is primarily driven by equipment sales to Carnival Cruise Lines. The company also noted an improvement in its operating loss, which reduced to ($1.1 million) from ($3.9 million) a year prior. Gross margins increased to 23% compared to 14% in Q2. The company continues to explore new markets, including supermarkets and higher education institutions.
BioHiTech Global, Inc. (NASDAQ: BHTG) announced a conference call to discuss its financial results for Q3 2021, scheduled for November 18, 2021, at 4:30 p.m. ET. CEO Tony Fuller and CFO Brian Essman will host the call. Participants can pre-register online or dial in without registration using the provided numbers. A replay will be available after the call until February 18, 2022. BioHiTech focuses on sustainable technology solutions for waste management, offering services that improve environmental outcomes and reduce landfill usage.
BioHiTech Global, Inc. (NASDAQ: BHTG) has secured an order for five additional Revolution Series Sprout Digesters from a prominent higher education institution, enhancing their existing four units. The company aims to fulfill these orders by Q4 2021. This initiative underscores the institution's commitment to sustainability in foodservice operations. BioHiTech's digesters convert food waste into sewer-safe wastewater, promoting landfill diversion. CEO Tony Fuller highlighted the firm's longstanding dedication to supporting educational institutions in achieving sustainability and carbon-neutral goals.
BioHiTech Global, Inc. (Nasdaq: BHTG) announces CEO Tony Fuller will present at the virtual H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. His presentation will outline the company's business model and growth strategy, available starting September 13th at 7:00 AM ET. Investors can register for the event at www.hcwevents.com. Additionally, Fuller will conduct one-on-one meetings during the conference, promoting BioHiTech's innovative approach to sustainable waste management.
BioHiTech Global, Inc. (NASDAQ: BHTG) reported financial results for Q2 2021, revealing total revenues of $3.5 million, a 14% increase from Q1 2021, and a 171% surge from Q2 2020. This marks the third consecutive quarter of record revenue since going public in 2015. The company's Digester and Corporate line revenue soared over 700% year-over-year due to significant sales to Carnival Corporation. However, operational losses totaled $3.1 million, with unrestricted cash at $2.3 million as of June 30, 2021.
