Day: February 5, 2025

TULSA, Okla., Feb. 05, 2025 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering, construction, and maintenance contractor, today announced results for the second quarter of fiscal 2025 ended December 31, 2024. SECOND QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted)Total backlog of $1.3 billion Total project awards in the quarter of $90.5 million, resulting in a book-to-bill ratio of 0.5x Revenue of $187.2 million, an increase of 7% Net loss per share of $(0.20) versus $(0.10); adjusted net loss per share of $(0.20)(1) versus $(0.18) Adjusted EBITDA of $(2.2) million(1) versus $0.1 million Cash flow from operations of $33.6 million Liquidity at December 31, 2024 of $211.7 million with no outstanding debt______________________(1)...

Fourth quarter revenue of $235.7 million, up 11% year-over-year; full year revenue of $900.0 million, up 13% year-over-year. Fourth quarter calculated current billings of $302.2 million, up 11% year-over-year; full year calculated current billings of $969.5 million, up 11% year-over-year. Full year net cash provided by operating activities of $217.5 million; full year unlevered free cash flow of $237.8 million.COLUMBIA, Md., Feb. 05, 2025 (GLOBE NEWSWIRE) — Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the exposure management company, today announced financial results for the quarter and year ended December 31, 2024. “We are very pleased with the results for the quarter as we delivered better-than-expected CCB, revenue, operating income, EPS and unlevered free cash flow,” said Steve Vintz, Co-CEO and CFO of Tenable. “Our...

SANTA ANA, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies and quick-turn and technologically advanced printed circuit boards (“PCB”s), today reported results for the fourth quarter and fiscal 2024, which ended on December 30, 2024. Fourth Quarter 2024 HighlightsNet sales were $651.0 million GAAP net income of $5.2 million, or $0.05 per diluted share, inclusive of a $14.1 million pre-tax, non-operational, foreign exchange gain Non-GAAP net income was $62.8 million, or $0.60 per diluted share, inclusive of a $14.1 million pre-tax, non-operational, foreign exchange gain Cash flow from operations was $86.1 million, or 13.2% of sales Book...

  Third Quarter Financial Highlights:  • Increased Revenue by 56% Year Over Year to Above $60 Million• Net Income of over $2 Million• Generated nearly $6 Million of Operating Cash FlowCompany to host conference call tomorrow, February 6, at 10:00 am ET  AYER, Mass., Feb. 05, 2025 (GLOBE NEWSWIRE) — AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability and resiliency of our Navy’s fleet, today reported financial results for its third quarter of fiscal year 2024 ended December 31, 2024. Revenues for the third quarter of fiscal 2024 were $61.4 million compared with $39.4 million for the same period of fiscal 2023. The year-over-year increase was driven by organic growth and the acquisition...

JOHANNESBURG, Feb. 05, 2025 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter of fiscal 2025 (“Q2 2025”). Q2 2025 performance:Revenue of $146.8 million (ZAR 2.6 billion) was at the upper end of our Revenue guidance and compares to $143.9 million (ZAR 2.7 billion) in Q2 2024. Net Revenue (a non-GAAP measure) of $77.1 million (ZAR 1.4 billion) was at the upper end of our Net Revenue guidance increasing 42% in ZAR, from $51.7 million (ZAR 968.7 million) in Q2 2024. Operating income of $0.8 million (ZAR 14.2 million) was lower than operating income of $2.3 million (ZAR 42.5 million) in Q2 2024. Net loss, including a tax adjusted $26.6 million (ZAR 485.6 million) non-operating, non-cash, change in fair value of Mobikwik (a non-core asset), increased to $32.1 million...

SALT LAKE CITY, Feb. 05, 2025 (GLOBE NEWSWIRE) — LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today reported financial results for its second fiscal quarter ended December 31, 2024. Second Quarter Fiscal 2025 Summary*:Revenue of $67.8 million, an increase of 31.3% from the prior year period. Excluding the negative impact of foreign currency fluctuations, second quarter revenue was up approximately 31.9%; Revenue in the Americas increased 46.3%, and revenue in Asia/Pacific & Europe decreased 15.5%. Excluding the negative impact of foreign currency fluctuations, second quarter revenue in Asia/Pacific & Europe decreased approximately 13.7%; Net income per diluted share was $0.19, versus a loss of $0.05 per...

Enhanced liquidity by $27.5 million through the issuance of 6.9 million common shares First quarter fiscal 2025 revenue declined 11.5% to $119.9 million Conference call scheduled for today at 4:30 pm ETWEST LAFAYETTE, Ind., Feb. 05, 2025 (GLOBE NEWSWIRE) — Inotiv, Inc. (Nasdaq: NOTV) (the “Company”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced financial results for the three months (“Q1 FY 2025”) ended December 31, 2024. Revenue by Segment (in millions of USD)  Three Months EndedDecember 31,   % change      2024     2023        (unaudited)   (unaudited)      DSA (Discovery & Safety Assessment) $ 42.8   $ 44.7   (4.2  )%RMS (Research Models & Services) $ 77.1   $ 90.8   (15.1 )%Total $ 119.9   $ 135.5   (11.5 )%                 Management...

Revenue up 12% Year-Over-Year Fourth Consecutive Quarter of Double-Digit Revenue Growth Fiscal YTD Operating Cash Flow up 17% Year-Over-Year SAN FRANCISCO, Feb. 05, 2025 (GLOBE NEWSWIRE) — LiveRamp® (NYSE: RAMP), the leading data collaboration platform, today announced its financial results for the fiscal 2025 third quarter ended December 31, 2024. Q3 Financial Highlights1Total revenue was $195 million, up 12%. Subscription revenue was $146 million, up 10%. Marketplace & Other revenue was $50 million, up 20%. GAAP gross profit was $140 million, up 9%. GAAP gross margin compressed by two percentage points to 72%. Non-GAAP gross profit was $146 million, up 11%. Non-GAAP gross margin compressed by one percentage point to 74%. GAAP operating income was $15 million, in-line with the prior year. GAAP operating margin compressed...

FY24 revenue of $764 million, up 15.2% from $663 million in FY23, driven by growth in HBM revenue;Announces acquisition of minority interest in FICT Limited, a key supplier of industry-leading, high-performance advanced probe card components LIVERMORE, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the fourth quarter of fiscal 2024 ended December 28, 2024. Quarterly revenues were $189.5 million, a decrease of 8.9% compared to $207.9 million in the third quarter of fiscal 2024, and an increase of 12.7% from $168.2 million in the fourth quarter of fiscal 2023. For fiscal 2024, FormFactor recorded revenues of $764 million, up 15.2% from $663 million in fiscal 2023.High Bandwidth Memory grew fourfold in fiscal 2024 compared to the prior year, driven by adoption of...