Day: February 6, 2025

Revenues were $3.0 billion in the fourth quarter, $11.5 billion in 2024 Diluted earnings per share was $3.15 in the fourth quarter, $13.96 in 2024 Backlog of $48.7 billion at year-end Achieved critical shipbuilding milestones in 2024, including delivery of Virginia-class submarine New Jersey (SSN 796) and amphibious transport dock Richard M. McCool Jr. (LPD 29) Mission Technologies secured awards with total contract value of over $12 billion in 2024NEWPORT NEWS, Va., Feb. 06, 2025 (GLOBE NEWSWIRE) — HII (NYSE: HII) reported fourth quarter 2024 revenues of $3.0 billion compared to $3.2 billion in the fourth quarter of 2023. The decrease was driven by lower volume at all segments compared to the prior year. Segment operating income2 in the fourth quarter of 2024 was $103 million and segment operating margin was 3.4%, compared...

BELO HORIZONTE, Brazil, Feb. 06, 2025 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 36 million customers, today reported financial results for the fourth quarter of 2024. 2024 Highlights:Record Net Income of R$ 973 million in 2024, 3 times greater than 2023. Total Net Revenue of R$ 6.4 billion, up 35% YoY, while Total Gross Revenues surpassed the mark of R$ 10 billion in 2024. Net Interest Margin of 9.7% in 4Q24, up from 9.0% in the same period of 2023. Net fee revenues of over R$ 2.0 billion, a 31% YoY growth, representing the strength of the platform effect. Total clients grew to 36 million, with 20.6 million active clients and an activation rate of 57%.João Vitor Menin, Global CEO of Inter&Co commented: “Our...

VANCOUVER, British Columbia, Feb. 06, 2025 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (the “Company”) will publish its fourth quarter and full year 2024 operating and financial results on Thursday, March 6, 2025, after market close. The Company will host a conference call to discuss the results on Friday, March 7, 2025 at 11:30am Eastern time (8:30am Pacific time). CONFERENCE CALL DETAILSDate:   Friday, March 7, 2025Time:   11:30am Eastern Time (8:30am Pacific Time)Dial In:   Canada/USA Toll Free: 1-844-763-8274, International: +1-647-484-8814Please dial in 5-10 minutes prior to the start of the call or pre-register using this link to bypass the live operator queueWebcast:   To access the webcast, click hereReplay:   Canada/USA Toll Free: 1-855-669-9658, International: +1-412-317-0088For country-specific...

VANCOUVER, British Columbia, Feb. 06, 2025 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (the “Company”, “Rogers”, “RSI” or “our,” “we”, “us”) (TSX: RSI) today reported strong first quarter fiscal 2025 results, with consolidated adjusted EBITDA increasing by 29% to $39.6 million. “We are pleased to have made a strong start to the year, delivering profitable growth in both our Sugar and Maple segments,” said Mike Walton, President and Chief Executive Officer of Rogers and its operating subsidiary, Lantic Inc., “By harnessing the strength of our markets and focusing on delivering excellent service to our customers, we have been able to drive growth in revenues, margins and free cash flow.”First Quarter 2025 Consolidated Highlights(unaudited) Q1 2025   Q1 2024  Financials ($000s)        Revenues 323,168   288,699  Gross margin 46,740   44,644  Adjusted...

First Quarter Highlights CHARLOTTE, N.C., Feb. 06, 2025 (GLOBE NEWSWIRE) —Completed the merger of Berry Global Group, Inc.’s nonwovens and hygiene films business with Glatfelter Corporation (“GLT”) on November 4, 2024 GAAP: Net sales of $702 million, Operating Loss of $22 million Non-GAAP: Adjusted EBITDA of $84 millionFiscal Year 2025 OutlookFull year comparable Adjusted EBITDA of $385 – $405 million Post-merger adjusted free cash flow range of $75 – $95 million Committed to near-term debt reductionMagnera’s CEO Curt Begle said, “I am honored to be leading Magnera, a global nonwovens leader, with a broad platform of product solutions for the specialty materials industry. Our diverse business and valued customers are proudly supported by more than 9,000 employees across 46 global manufacturing facilities. We...

Continued Market Share Expansion Fuels Record GMV and Improved Operating Leverage to Start the Fiscal Year BETHESDA, Md., Feb. 06, 2025 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for its fiscal quarter ended December 31, 2024, as compared to the corresponding prior year quarter:Record Gross Merchandise Volume (GMV) of $386.1 million, up 26%, and Revenue of $122.3 million, up 72% GAAP Net Income of $5.8 million, up 205%, and GAAP Diluted Earnings Per Share (EPS) of $0.18, up 200% Non-GAAP Adjusted EBITDA of $13.1 million, up 81%, and Non-GAAP Adjusted EPS of $0.28, up 100% Cash balances of $139.1 million1 with zero financial debt“Our strong start to FY2025 was fueled by the continuing adoption...

Company reports EPS of $4.92, Economic EPS of $6.53 in the fourth quarter of 2024EPS of $15.13, Economic EPS of $21.36 for the full year 2024New partnership with NorthBridge Partners, a private markets manager specializing in industrial logistics real estate assets Net income (controlling interest) of $512 million, Economic Net Income (controlling interest) of $702 million 10% full-year Economic Earnings per share growth reflects AMG’s ongoing strategic evolution and disciplined capital allocation strategy Repurchased $700 million in common stock or approximately 13% of shares outstanding in 2024WEST PALM BEACH, Fla., Feb. 06, 2025 (GLOBE NEWSWIRE) — AMG, a strategic partner to leading independent investment management firms globally, today reported its financial and operating results for the fourth quarter and year ended December...