Day: February 10, 2025

NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter and year ended December 31, 2024. Net income (loss) attributable to common stockholders per diluted share of common stock was $0.27 and ($0.97) for the quarter and year ended December 31, 2024, respectively. Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to net realized loss on investments per diluted share of common stock were $0.32 and $0.32 for the quarter ended December 31, 2024, respectively, and $0.43 and $1.33 for the year ended December 31, 2024, respectively. Commenting on 2024 performance, Stuart Rothstein, Chief Executive Officer and President of the Company, said:“ARI had an active year of capital deployment...

Higher Occupancy and Cost Management Drive Strong Financial PerformanceEstablishes 2025 Full Year Guidance BRENTWOOD, Tenn., Feb. 10, 2025 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its fourth quarter and full year 2024 financial results.   Financial Highlights – Fourth Quarter 2024Total revenue of $479.3 million Net income of $19.3 million Diluted earnings per share of $0.17; Adjusted Diluted EPS of $0.16 Normalized FFO per diluted share of $0.39 Adjusted EBITDA of $74.2 millionFinancial Highlights – Full Year 2024Total revenue of $2.0 billion Net income of $68.9 million Diluted earnings per share of $0.62; Adjusted Diluted EPS of $0.81 Normalized FFO per diluted share of $1.70 Adjusted EBITDA of $330.8 millionDamon T. Hininger, CoreCivic’s Chief Executive Officer, commented,...

MIAMI, Feb. 10, 2025 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the first quarter ended December 31, 2024. HIGHLIGHTS Quarter ended December 31, 2024 (unaudited)($ in millions, except per share amounts) Assets and Liabilities:          Investment portfolio (1)       $ 1,298.1  Net assets       $ 494.3  GAAP net asset value per share       $ 7.57  Quarterly increase in GAAP net asset value per share         0.1 %Adjusted net asset value per share (2)       $ 7.57  Quarterly increase in adjusted net asset value per share (2)         0.1 %           Credit Facility       $ 460.0  2026 Notes       $ 148.8  2026-2 Notes       $ 163.3  Regulatory debt to equity       1.58x  Weighted average yield on debt investments         12.0 %           Operating...

Company delivers 96th consecutive quarter of topline growth Fourth quarter 2024 revenue grew 18% and recurring revenue grew 19% from the fourth quarter of 2023 MINNEAPOLIS, Feb. 10, 2025 (GLOBE NEWSWIRE) — SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced financial results for the fourth quarter and year ended December 31, 2024. Financial Highlights Fourth Quarter 2024 Financial HighlightsRevenue was $170.9 million in the fourth quarter of 2024, compared to $145.0 million in the fourth quarter of 2023, reflecting 18% growth. Recurring revenue grew 19% from the fourth quarter of 2023. Net income was $17.6 million or $0.46 per diluted share, compared to net income of $19.0 million or $0.51 per diluted share in the fourth quarter of 2023. Non-GAAP income per diluted share was $0.89,...

ARLINGTON, Va., Feb. 10, 2025 (GLOBE NEWSWIRE) — Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced its results for the three months ended December 31, 2024. Financial Highlights for Fiscal Quarter ended December 31, 2024Revenue of approximately $186.8 million, which represents a decrease of approximately 49% from the same quarter last year, primarily driven by the pronounced backend nature of expected revenue for full year 2025 compared to the revenue distribution seen in full year 2024. GAAP gross profit margin improved to approximately 11.4%, compared to approximately 10.0% for the same quarter last year. Adjusted gross profit margin1 improved to approximately 12.5%, compared to...

DELRAY BEACH, Fla., Feb. 10, 2025 (GLOBE NEWSWIRE) — PetMed Express, Inc. dba PetMeds and parent company of PetCareRx (NASDAQ: PETS) today announced its financial results for its third quarter ended December 31, 2024. Third Quarter Fiscal 2025 Financial HighlightsNet sales of $53.0 million.Gross margin rate of 28.1%, an increase of 80 basis points compared to the prior year period.Adjusted EBITDA of $2.0 million compared to Adjusted EBITDA of $0.9 million in the prior year period.Continued progress on key initiatives supporting the transformation of the business.“In just nine months, we have made significant strides in our transformation journey, and I am pleased to report that we have delivered meaningful progress across our strategic priorities. Our focused execution is already yielding results, validating our direction...

SAN DIEGO, Feb. 10, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (NYSEA:IBIO), today reported financial results for the second quarter ended Dec. 31, 2024, and provided a corporate update on its progress. “In our second fiscal quarter we further strengthened our leadership with key Board appointments, reinforcing our commitment to innovation and execution as we work to develop next-generation therapeutics,” said CEO and Chief Scientific Officer Dr. Martin Brenner, Ph.D. “Following more recent developments, we also want to highlight the significant strides we have made in advancing our preclinical pipeline with the in-licensing of potentially best-in-class IBIO-600, the notable discovery of a novel Activin E antibody, and the launch of a bispecific antibody program targeting myostatin/activin A. We are excited by the momentum we have built...