Day: February 10, 2025

Revenues increased 34% compared to the previous quarter ended September 30, 2024; and exceeded $1 million Received CE Mark for LungFit PH® in Europe and Market Authorization in Australia; international shipments to commence later this year Conference call at 4:30 p.m. ET today, February 10th GARDEN CITY, New York, Feb. 10, 2025 (GLOBE NEWSWIRE) — Beyond Air, Inc. (NASDAQ: XAIR) (“Beyond Air” or the “Company”), a commercial stage medical device and biopharmaceutical company focused on harnessing the power of nitric oxide (NO) to improve the lives of patients, today announced its financial results for the fiscal third quarter ended December 31, 2024, and provided a corporate update. “Our commercial team continues to make significant progress as we expand the number of U.S. hospitals utilizing LungFit PH. While this is the culmination...

MIAMI, Feb. 10, 2025 (GLOBE NEWSWIRE) — PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the first quarter ended December 31, 2024. HIGHLIGHTSQuarter ended December 31, 2024 (Unaudited)($ in millions, except per share amounts)Assets and Liabilities:      Investment portfolio (1)   $ 2,193.9  Net assets   $ 962.7  GAAP net asset value per share   $ 11.34  Quarterly increase in GAAP net asset value per share     0.3 %Adjusted net asset value per share (2)   $ 11.34  Quarterly increase in adjusted net asset value per share (2)     0.3 %       Credit Facility   $ 608.8  2036 Asset-Backed Debt   $ 284.2  2036-R Asset Backed Debt   $ 265.3  2026 Notes   $ 184.0  Regulatory debt to equity   1.40x  Weighted average yield on debt investments at quarter-end     10.6 %       Operating...

Record quarterly revenue of $141.1 million, up 25% QoQ and up 179% YoY Fiscal 2024 record revenue of $396.3 million, up 242% versus the prior year Ramping across diverse set of customers and platforms with four product families in fiscal 2025SANTA CLARA, Calif., Feb. 10, 2025 (GLOBE NEWSWIRE) — Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for cloud and AI infrastructure, today announced preliminary financial results for the fourth quarter and full fiscal year 2024, ended December 31, 2024. “Astera Labs delivered strong Q4 results, with revenue growing 25% versus the previous quarter, and capped off a stellar 2024 with 242% revenue growth year-over-year,” said Jitendra Mohan, Astera Labs’ Chief Executive Officer. “The revenue growth in 2024 was largely driven by Aries PCIe Retimer...

Inspire Reports Year-over-Year Revenue Growth of 25% and Earnings per Share Growth of 135% for the Fourth Quarter 2024 MINNEAPOLIS, Feb. 10, 2025 (GLOBE NEWSWIRE) — Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea, today reported financial results for the quarter and year ended December 31, 2024. Recent Business Highlights and Full Year 2025 GuidanceGenerated revenue of $239.7 million for the fourth quarter of 2024, a 25% increase over the same quarter last year, and revenue of $802.8 million for full year 2024, a 28% increase over full year 2023 Achieved gross margin of 85.0% for the fourth quarter of 2024 Reported net income of $35.2 million and diluted net...

NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) — Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) today announced financial results for our fiscal quarter ended December 31, 2024. FINANCIAL RESULTSAll amounts in $000’s except per share amounts (on weighted average basis for period numbers) Quarter Ended Quarter Ended Quarter EndedDecember 31, 2024 September 30, 2024 December 31, 2023       Net Investment Income (“NII”) $86,431 $89,877 $96,927NII per Common Share $0.20 $0.21 $0.24Interest as % of Total Investment Income 91.0% 94.0% 92.3%       Net Income (Loss) Applicable to Common Shareholders $(30,993) $(165,069) $(51,436)Net Income (Loss) per Common Share $(0.07) $(0.38) $(0.13)       Distributions to Common Shareholders $65,554 $77,358 $74,056Distributions per Common Share $0.15 $0.18 $0.18Cumulative...

CALGARY, Alberta, Feb. 10, 2025 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX: PSK) is pleased to announce its fourth quarter and year-end operating and financial results for the period ended December 31, 2024. PrairieSky is also pleased to announce a 4% increase in its annual dividend policy to $1.04 per common share ($0.26 per common share quarterly).Fourth Quarter Highlights:Oil royalty production volumes averaged 13,317 barrels per day, a 4% increase over Q4 2023(1), driven by strong third-party activity in the Mannville Stack(2) and Clearwater. Total royalty production averaged 24,982 BOE per day, a 2% decrease from Q4 2023 due to declines in natural gas and NGL production. Royalty production revenue of $115.6 million combined with other revenue of $20.0 million...