Day: February 12, 2025

TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) — Unisync Corp. (“Unisync”) (TSX:”UNI”) (OTC:“USYNF”) announces its financial results for the first quarter ended December 31, 2024. Unisync operates through two business units: Unisync Group Limited (“UGL”) with operations throughout Canada and the USA and 92% owned Peerless Garments LP (“Peerless”), a domestic manufacturing operation based in Winnipeg, Manitoba. UGL is a leading customer-focused provider of corporate apparel, serving many leading Canadian and American iconic brands. Peerless specializes in the production and distribution of highly technical protective garments, military operational clothing, and accessories for a broad spectrum of Federal, Provincial and Municipal government departments and agencies. Results for the quarter ended December 31, 2024 versus...

Fourth quarter revenues of $60.7 million, in line with previous guidance Fourth quarter GAAP net income of $2.2 million; non-GAAP net income of $8.7 million Successfully delivered positive EBITDA and strong cash flow from operating activities in both Q4 and for the full year 2024 Breakthrough innovations and continued momentum across our markets set the stage for profitable growth in 2025ROSH-HA`AYIN, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) — Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a global leader in sustainable, on-demand, digital fashion and textile production technologies, today reported its results for the fourth quarter and full year ended December 31, 2024. “Our fourth quarter performance was fueled by a successful peak season and growing impressions across our key customers,” said Ronen Samuel,...

Q4 Revenue of $78.1 million, GAAP Operating Income of $12.8 million and Adjusted EBITDA of $12.1 million 2024 Revenue of $305.4 million, GAAP Operating Income of $27.7 million and a 25-year Record Adjusted EBITDA of $42.2 million Expects 2025 Revenues to increase by 36%-50% Announces New Reporting Segments PETAH TIKVA, Israel, Feb. 12, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its unaudited results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial HighlightsRevenue of $78.1 million, up 3% compared with $75.6 million in Q4 2023; GAAP operating income of $12.8 million, compared with $2.9 million in Q4 2023; Non-GAAP operating income of $9.7 million, compared...

MALVERN, Pa., Feb. 12, 2025 (GLOBE NEWSWIRE) — Vishay Precision Group, Inc. (NYSE: VPG), a leader in precision measurement technologies, today announced its results for its fiscal 2024 fourth quarter and twelve fiscal months ended December 31, 2024. Fourth Quarter Highlights:Revenues of $72.7 million decreased 18.8% from a year ago Gross profit margin was 38.2%, as compared to 43.0% a year ago Adjusted gross profit margin* was 38.3%, as compared to 43.0% a year ago Operating margin was 0.3%, as compared to 13.4% reported a year ago Adjusted operating margin* was 0.8%, as compared to 13.6% reported a year ago Diluted net earnings per share were $0.06, as compared to $0.31 reported a year ago Adjusted diluted net earnings per share* were $0.03, as compared to $0.61 reported a year ago EBITDA* was $6.6 million with an EBITDA margin*...

RIDGEFIELD, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) — The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) (the “Company” or “Chefs’”), a premier distributor of specialty food products in the United States, the Middle East, and Canada, today reported financial results for its fourth quarter ended December 27, 2024. Financial highlights for the fourth quarter of 2024:Net sales increased 8.7% to $1,033.6 million for the fourth quarter of 2024 from $950.5 million for the fourth quarter of 2023. GAAP net income was $23.9 million, or $0.55 per diluted share, for the fourth quarter of 2024 compared to $16.0 million, or $0.38 per diluted share, in the fourth quarter of 2023. Adjusted net income per share1 was $0.55 for the fourth quarter of 2024 compared to $0.47 for the fourth quarter of 2023. Adjusted EBITDA1 was $68.2 million for the fourth quarter...

GONZALES, La. , Feb. 12, 2025 (GLOBE NEWSWIRE) — Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the third quarter fiscal year 2025, which ended December 29, 2024. Third Quarter SummaryNet sales of $23.3 millionGross profit of $6.1 million; gross margin of 26.1 percentNet income of $893,000, or $0.09 per diluted shareDeclared quarterly dividend of $0.08 per share of Series A common stock“Our third quarter fiscal 2025 results reflect our continued ability to generate cash flow and profitability in a challenging macroeconomic environment. Our balance sheet is strong. We are efficiently lowering inventory levels from prior year even with the acquisition of Baby Boom and effectively managing our borrowings while continuing to pay a quarterly dividend,” said Olivia Elliott, President and Chief...

Earnings Growth and Margin Expansion Resumed in the Fourth Quarter Achieved Full-Year Records for Aggregates Revenues, Gross Profit and Unit Profitability Completed Aggregates Bolt-Ons in Florida, Southern California and Texas in the Fourth Quarter RALEIGH, N.C., Feb. 12, 2025 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, today reported results for the fourth quarter and year ended December 31, 2024. Fourth-Quarter and Full-Year Highlights (Financial highlights are for continuing operations)  Quarter Ended December 31,     Year Ended December 31,  (in millions, unless otherwise noted) 2024   2023   % Change     2024   2023   % Change  Revenues1 $ 1,632   $ 1,608   1 %   $ 6,536   $ 6,777   (4 )%Gross...

Over $135 Billion of Capital Inflows; $48 Billion of Capital Deployed in 2024 Quarterly Fee-Related Earnings up 17% Year-Over-Year to a Record $677 Million NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) — Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“BAM”), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the year ended December 31, 2024. Connor Teskey, President of Brookfield Asset Management, stated, “2024 was another strong year for our business. We raised over $135 billion of capital, including a record $29 billion of organic fundraising in the fourth quarter. This fundraising momentum, alongside annual capital deployments of $48 billion drove year-over-year growth of 18% for our fee-bearing capital, and 17% for...

Strong execution drives record fourth quarter net sales, significant margin expansion, and all-time record free cash flow generation; 2025 outlook anticipates continued net sales growth WAUKESHA, Wis., Feb. 12, 2025 (GLOBE NEWSWIRE) — Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its fourth quarter and full-year ended December 31, 2024 and initiated its outlook for the full-year 2025. Fourth Quarter 2024 HighlightsNet sales increased 16% to $1.23 billion during the fourth quarter of 2024 as compared to $1.06 billion in the prior-year fourth quarter. The net effect of acquisitions and foreign currency had a slight favorable impact during the quarter.Residential product sales...