Day: January 24, 2025

Century Next Financial Corporation Reports 2024 Year-End Results

Written by Customer Service on January 24, 2025. Posted in Earnings Releases And Operating Results.

RUSTON, La., Jan. 24, 2025 (GLOBE NEWSWIRE) — Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $869.4 million in assets, today announced financial results for the year ended December 31, 2024. Financial Performance For the year ended December 31, 2024, the Company had net income after tax of $12.14 million compared to net income of $6.75 million for the year ended December 31, 2023, an increase of $5.39 million or 79.9%. Earnings per share (EPS) for the year ended December 31, 2024 were $6.72 per basic and $6.69 per diluted share compared to $3.77 per basic and diluted share reported for the year ended December 31, 2023. Bill Hogan, President & CEO commented, “We are pleased to report an outstanding year of strong growth in assets and deposits as well as a record...

Tevogen Bio Broadens Relationship with Microsoft to Deepen Artificial Intelligence Collaboration and Develop PredicTcell Technology on Azure

Written by Customer Service on January 24, 2025. Posted in Public Companies.

This expansion is in addition to the previously announced Microsoft for Startups program. PredicTcell, Tevogen Bio’s proprietary technology, is designed for predictive, precision T cell target identification. Tevogen Bio is also proactively investigating potential treatments for Human Papillomavirus (HPV).WARREN, N.J., Jan. 24, 2025 (GLOBE NEWSWIRE) — Tevogen Bio Holdings Inc. (“Tevogen Bio” or “Company”) (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T-cell therapeutics for infectious diseases and cancers, announced today that it has broadened its relationship with Microsoft (Nasdaq: MSFT) to broaden its AI-focused collaboration and build its PredicTcell technology. PredicTcell is Tevogen Bio’s proprietary technology designed for predictive precision T cell...

CORRECTION: XCHG Limited

Written by Customer Service on January 24, 2025. Posted in Public Companies.

XCharge’s Level-3 Chargers and Expedited Installation Comprehensively Address Airport Rental Location Challenges HAMBURG, Germany, Jan. 24, 2025 (GLOBE NEWSWIRE) — In a release issued on January 21, 2025 by XCHG Limited (NASDAQ: XCHG), please note that an incorrect version of the release was distributed. The corrected release follows: XCHG Limited (“XCharge” or the “Company”), (NASDAQ: XCH), a global leader in integrated EV charging solutions, today announced a collaboration with a leader in the rental car space to upgrade its EV charging offerings at US airport rental facilities. XCharge has completed charging station construction at the rental company’s sites in several major East Coast airports and has secured a pipeline of future projects at the rental company’s additional airport locations along the eastern seaboard. XCharge’s...

Linkage Global Inc Announces Fiscal Year 2024 Financial Results

Written by Customer Service on January 24, 2025. Posted in Earnings Releases And Operating Results.

TOKYO, Jan. 24, 2025 (GLOBE NEWSWIRE) — Linkage Global Inc (“Linkage Cayman”, or the “Company”), a cross-border e-commerce integrated services provider headquartered in Japan, today announced its financial results for the fiscal year ended September 30, 2024. Fiscal Year 2024 Financial HighlightsTotal revenues decreased by approximately 19.19% from USD12.73 million for the fiscal year ended September 30, 2023 to USD10.29 million for the fiscal year ended September 30, 2024. Our new fully managed e-commerce operation services that was launched in April 2024, generated USD3.28 million in revenue. Gross profit increased by approximately USD2.31 million, or 123.91%, from USD1.86 million for the fiscal year ended September 30, 2023 to USD4.17 million for the fiscal year ended September 30, 2024. Net loss decreased by USD0.21 million,...

Arhaus Opens Showroom in Winter Park, Florida

Written by Customer Service on January 24, 2025. Posted in Public Companies.

Premium home retailer debuts a stunning new showroom in Winter Park Village BOSTON HEIGHTS, Ohio, Jan. 24, 2025 (GLOBE NEWSWIRE) — Arhaus (“Arhaus” or the “Company”) (NASDAQ: ARHS), a leader in artisan-crafted furniture and home décor, announces the opening of its new showroom in Winter Park, Florida at Winter Park Village, the upscale, open-air shopping and lifestyle center in the community. Located just north of Orlando in Orange County, the showroom will serve as an inspiring destination for high-quality furniture and home décor in the community alongside Winter Park Village’s premium retail and dining experiences. This showroom marks the brand’s ninth location in Florida and first location in Central Florida, joining Arhaus showrooms in coastal areas including Boca Raton, Naples, West Palm Beach, and Jacksonville.At the Winter...

Lake Shore Bancorp, Inc. Announces Fourth Quarter 2024 and Year End Financial Results

Written by Customer Service on January 24, 2025. Posted in Earnings Releases And Operating Results.

DUNKIRK, N.Y., Jan. 24, 2025 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.5 million, or $0.26 per diluted share, for the fourth quarter of 2024 compared to net income of $749,000, or $0.13 per diluted share, for the fourth quarter of 2023. For the year ended December 31, 2024, the Company reported unaudited net income of $4.9 million, or $0.88 per diluted share, as compared to $4.8 million, or $0.82 per diluted share for the year ended December 31, 2023. The Company’s 2024 financial performance was positively impacted by a decrease in non-interest expenses as a result of efforts to optimize operating expenses while reducing its reliance on wholesale funding by $41.0 million. “2024 was a momentous...

CVR Energy Commences Planned Turnaround at Coffeyville Refinery

Written by Customer Service on January 24, 2025. Posted in Public Companies.

SUGAR LAND, Texas, Jan. 24, 2025 (GLOBE NEWSWIRE) — CVR Energy, Inc. (NYSE: CVI, “CVR Energy” or the “Company”) today announced that it has commenced its planned turnaround at the Coffeyville, Kansas, refinery operated by one of its subsidiaries following damage sustained to its Naphtha Hydrotreater on January 21, 2025, during freezing weather conditions. The Company intends to provide further updates regarding this turnaround during its next earnings conference call. Forward-Looking StatementsThis news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements concerning current estimates, expectations and projections about future results, performance, prospects, opportunities, plans,...

Beyond Oil Secures US$8.3 Million Master Distribution Agreement in the United States with Latitude Ltd.

Written by Customer Service on January 24, 2025. Posted in Public Companies.

The Agreement, Which Includes Minimum Purchase Commitments Totalling US$8.3M in 2025, Positions Beyond Oil for Significant U.S. Market Expansion NEW YORK, New York, KIBBUTZ YIFAT, Israel and VANCOUVER, BC, Jan. 24, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste and enhancing sustainability, today announced a transformative Master Distribution Agreement (the “US Master Distribution Agreement”) with Latitude Ltd. (“Latitude”), a New York-based importation, distribution, and logistics company. The US Master Distribution Agreement includes minimum monthly commitments totaling US$8.3 million during the fiscal year 2025.* Approved...

Richardson Electronics Announces Strategic Transaction for its Richardson Healthcare Business Unit

Written by Customer Service on January 24, 2025. Posted in Mergers And Acquisitions.

Majority of Richardson Healthcare Assets Sold to DirectMed Imaging Remaining Healthcare Business to be Consolidated into the Company’s PMT Strategic Business Unit LAFOX, Ill., Jan. 24, 2025 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for renewable energy and other power management applications, today announced the strategic asset sale of a majority of Richardson Healthcare to DirectMed Imaging (“DirectMed”). The transaction closed on January 24, 2025. Under the terms of the transaction, Richardson Electronics sold a substantial portion of the Richardson Healthcare reportable segment to DirectMed. Additionally, Richardson Electronics entered into an exclusive 10-year global supply agreement in which Richardson will supply DirectMed with repaired Siemens CT X-ray tubes....

Mullen Reports Improved 2024 Financial Results

Written by Customer Service on January 24, 2025. Posted in Earnings Releases And Operating Results.

Company finishes the 2024 fiscal year with growth of national dealer network, increased sales and delivery of vehicles Fiscal year 2024 reduction of $85.4M in cash spend compared to fiscal year 2023 Successful launch of Bollinger Motors B4 production and sales Company now has three EV production lines in the U.S. with national sales and service networks supporting Mullen Class 1 and 3 and Bollinger Class 4 commercial vehicles Company announces further increase in operational efficiencies driving $13M annual reduction in cash spend effective Feb. 1, 2025 BREA, Calif., Jan. 24, 2025 (GLOBE NEWSWIRE) — via IBN — Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces financial results for the twelve months ended Sept. 30, 2024, and a current business update. Commenting...

Day: January 24, 2025

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