Month: January 2025
WILMINGTON, Mass., Jan. 08, 2025 (GLOBE NEWSWIRE) — UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its first quarter ended November 30, 2024 as compared to the corresponding period in the prior fiscal year:
Q1 2025 Financial HighlightsConsolidated revenues for the first quarter increased 1.9% to $604.9 million.
Operating income was $55.5 million, an increase of 4.5%.
The quarterly tax rate increased to 25.6% compared to 23.4% in the prior year.
Net income increased to $43.1 million from $42.3 million in the prior year, or 1.8%.
Diluted earnings per share increased to $2.31 from $2.26 in the prior year, or 2.2%.
Adjusted EBITDA increased to $94.0 million compared to $88.7 million in the prior year, or 5.9%.The Company’s financial results for the first quarter of fiscal 2025...
Ostin Technology Group Achieves Outstanding Sales Results During Singles’ Day and December 12 Shopping Festivals
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Nanjing, China, Jan. 08, 2025 (GLOBE NEWSWIRE) — Ostin Technology Group Co., Ltd. (the “Company”) (Nasdaq: OST), a supplier of display modules and polarizers in China, today announced that its digital photo frame and display product, Pintura, has achieved remarkable sales during the recently concluded “Singles’ Day” and “December 12” shopping festivals. Pintura excelled on various domestic e-commerce platforms, ranking second in the category of digital photo frame sales on Tmall and Taobao, and third on JD.com and Douyin during the Singles’ Day shopping festival. Pintura’s online store also ranked among the top two digital frame sellers during the December 12 shopping festival on Taobao and Tmall. These results highlight the growing popularity of the Pintura brand and the strong recognition that consumers have for the Pintura...
Liberty Defense Selected to Demonstrate HEXWAVE to a Major US Strategic Ally in the Middle East Region
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WILMINGTON, Mass., Jan. 08, 2025 (GLOBE NEWSWIRE) — Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A), a leading technology provider of AI-based next generation detection solutions for concealed weapons and emerging threats, is pleased to announce that its HEXWAVE system was selected to participate in a critical trial within this US ally country located in the Middle East region. . The US partner and co-sponsor for the evaluation test is IWTSD (Irregular Warfare Technical Support Directorate). Their objective is to identify and develop capabilities for the US Department of Defense (“DoD”) and Interagency customers for important allies. The purpose of the HEXWAVE trial is to determine capabilities for the detection of explosive threats this includes both metallic and non-metallic...
Siebert Financial Corp. Launches Capital Markets Group
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Siebert appoints established Wall Street executive Randy Billhardt as Head of Capital Markets Group division to enter Institutional Markets and amplify Retail Growth
NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) — Siebert Financial Corp. (NASDAQ: SIEB) today announced the launch of its new Capital Markets Group, a significant step in the company’s strategic expansion into institutional markets, further enhancing its retail growth. Randy Billhardt, a seasoned Wall Street executive with more than 30 years of experience, including leadership roles at B. Riley Financial, will lead the division as Head of Capital Markets Group.
Billhardt brings a wealth of expertise and a proven track record in capital markets, making him an ideal leader to drive this transformative initiative. He has been delivering remarkable results in capital markets...
Silo Pharma Awarded US Patent for Groundbreaking PTSD Treatment and Prepares for SPC-15 Clinical Trial
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SARASOTA, FL, Jan. 08, 2025 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a developmental stage biopharmaceutical company focused on developing novel formulations and drug delivery systems for traditional therapeutics and psychedelic treatments, today announced that the U.S. Patent and Trademark Office (USPTO) issued a Notice of Allowance for patent application 17/954,864 for “Pharmacological Prophylactics Against Stress-Induced Affective Disorders in Females.” Following receipt of the Notice of Allowance, Silo filed the final issue paperwork, paid the issue fees, and expects formal issuance of the patent in the next 90 days
The patent, when formally approved, will reinforce protection for Silo’s lead asset, SPC-15, an intranasal treatment targeting post-traumatic stress disorder (PTSD). The patent...
Matador Technologies Inc. Announces Market Making Partnership with Independent Trading Group
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TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA) announces that it has entered into a Market Making Services Agreement with Independent Trading Group, Inc. (“ITG”), effective January 6, 2025. This partnership is designed to enhance the liquidity and efficiency of trading in Matador’s securities on Canadian exchanges.
Independent Trading Group specializes in providing high-quality, consistent market-making services. Based in Toronto, ITG brings decades of expertise and a reputation for excellence in maintaining market stability and depth across various industries.
Key Agreement Details:Scope of Services: ITG will leverage its expertise to improve liquidity, reduce volatility, and enhance the trading experience for Matador’s securities.
Compensation: ITG will receive...
SELLAS Announces Key Business Objectives for 2025
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– Independent Data Monitoring Committee to Perform Interim Analysis of Phase 3 REGAL Study in January 2025 –
– SLS009: Full Topline Phase 2 Data in Acute Myeloid Leukemia and FDA Regulatory Review Expected in 1H 2025 –
– Approval of “tambiciclib” as Recommended International Nonproprietary Name for SLS009 –
– Applied for Non-Dilutive Grant Funding to Expand SLS009 Development Into Frontline Setting in AML –
– Developing SLS009 Pediatric Programs in Hematological and Potentially Other Malignancies –
– Company to Host Corporate Update Webinar Today, January 8, 2025, at 9:00 am ET –
NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) — SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) (“SELLAS’’ or the “Company”), a late-stage clinical biopharmaceutical company focused on the...
Lever Expands Team and Technology to Address Challenges in Regulated Consumer Debt Markets
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Lever Scales Operations to Tackle Consumer Debt Challenges for Millennial Borrowers
LOS ANGELES, Jan. 08, 2025 (GLOBE NEWSWIRE) — AI Unlimited (AIUG:OTCQB) subsidiary Lever, a trailblazer in liability management, is building on its momentum in 2025 with an expanded focus on addressing the challenges of regulated consumer debt markets. As the platform scales to include new consumer debt verticals, its team is growing across development and AI R&D to enhance its capabilities for tackling the unique financial pressures faced by millennial users.
The Growing Consumer Debt Landscape
Millennials, a generation disproportionately impacted by student loan debt and rising living costs, represent a core demographic for Lever’s platform. With over 45% of millennials carrying student loan debt and average consumer liabilities exceeding...
Edible Garden Achieves Over 45% Year-Over-Year Increase in Preliminary Herbs and Produce Sales Results During Key Holiday Time Period
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Commitment to Zero-Waste Inspired® Mission and Consistently Strong Fill Rates Fuel Growth
BELVIDERE, NJ, Jan. 08, 2025 (GLOBE NEWSWIRE) — Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that the Company experienced a more than 45% year-over-year increase in preliminary herbs and produce sales results for the key holiday time period.1
“We are incredibly proud of Edible Garden’s exceptional performance this holiday season, which was marked by an impressive year-over-year growth in herbs and produce sales exceeding 45%,” said Jim Kras, Chief Executive Officer of Edible Garden. “Building on the momentum of a record-breaking Thanksgiving period2,...
Bridger Aerospace Congratulates Our Founder Timothy Sheehy for Being Sworn in as United States Senator for the State of Montana
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BELGRADE, Mont., Jan. 08, 2025 (GLOBE NEWSWIRE) — Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today congratulates Timothy P. Sheehy, the Company’s founder and former chief executive officer of the Company, for being sworn into the United States Senate as the U.S. Senator for the State of Montana.
“We are extremely proud of the leadership and sacrifices that Tim has made for the country, and we are confident Tim will continue his legacy of success in the U.S. Senate,” stated Jeff Kelter, the Company’s Executive Chairman of the Board of Directors.
Tim has a history of distinguished service to the country, including years of service as a Naval SEAL Officer and team leader, as well as being the recipient of the Bronze Star...