Day: February 12, 2025

Idorsia publishes the resolutions for the upcoming bondholder meeting

Written by Customer Service on February 12, 2025. Posted in Public Companies.

Ad hoc announcement pursuant to Art. 53 LRThe updated invitation to the bondholder meeting – scheduled for February 25, 2025 – sets out the terms of the resolutions to be voted upon Unaudited Financial Status as of December 31, 2024 – required for the bondholder meeting – published on the company website Audited Financial Statements will be published with the Full Year Financial Reporting on February 27, 2025, while the Annual Report will be postponed to March 27, 2025Allschwil, Switzerland – February 12, 2025Idorsia Ltd (SIX: IDIA) today announced that it has published the agenda items for the bondholder meeting for holders of its outstanding convertible bond (ISIN: CH0426820350) (the Bonds or CB 2025) with a nominal value of CHF 200 million and a conversion price of CHF 6.00 per Idorsia share, which matured on January 17, 2025 and...

Freddie Mac Announces Release Date for Fourth Quarter and Full-Year 2024 Financial Results

Written by Customer Service on February 12, 2025. Posted in Public Companies.

MCLEAN, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB:FMCC) announced today that it plans to report its Fourth Quarter and Full-Year 2024 financial results before the U.S. financial markets open on Thursday, February 13, 2025. The company will hold a call at 9 a.m. Eastern Time (ET) on Thursday, February 13, 2025, to share the company’s results with the media. The call will be concurrently webcast, and the replay will be available on the company’s website for approximately 30 days. All materials related to the call will be available on the Investor Relations page of the company’s website. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions...

Oportun Reports Fourth Quarter and Full Year 2024 Financial Results

Written by Customer Service on February 12, 2025. Posted in Earnings Releases And Operating Results.

Returned to GAAP profitability with net income of $9 million in fourth quarter Adjusted EBITDA of $41 million, up 315% year-over-year Quarterly annualized net charge-off rate of 11.7%, lowest since third quarter of 2022 Total quarterly operating expenses of $89 million, reduced 31% year-over-year Raising full year 2025 expectations SAN CARLOS, Calif., Feb. 12, 2025 (GLOBE NEWSWIRE) — Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the “Company”) reported financial results today for the fourth quarter and full year ended December 31, 2024. “We finished the year stronger than anticipated and believe that we’ve turned the corner, well-poised to capitalize on our momentum and advance our strategic priorities into 2025 and beyond,” said Raul Vazquez, CEO of Oportun. “I’m pleased...

Kadant Reports Fourth Quarter and Fiscal Year 2024 Results

Written by Customer Service on February 12, 2025. Posted in Earnings Releases And Operating Results.

WESTFORD, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 28, 2024. Fourth Quarter Financial HighlightsRevenue increased 8% to $258 million Gross margin was 43.4% Net income decreased 12% to $24 million GAAP EPS decreased 12% to $2.04 Adjusted EPS decreased 7% to $2.25 Adjusted EBITDA increased 8% to $52 million and represented 20.3% of revenue Operating cash flow decreased 12% to $52 million Bookings increased 10% to $241 millionFiscal Year Financial HighlightsRevenue increased 10% to a record $1.05 billion Gross margin was 44.3% Net income decreased 4% to $112 million GAAP EPS decreased 4% to $9.48 Adjusted EPS increased 2% to a record $10.28 Adjusted EBITDA increased 14% to a record $230 million and represented a record...

Sezzle to Announce Fourth Quarter 2024 Results and Participate in Upcoming Investor Conferences

Written by Customer Service on February 12, 2025. Posted in Public Companies.

Minneapolis, MN, Feb. 12, 2025 (GLOBE NEWSWIRE) — Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, will release its fourth quarter 2024 results after the market close on February 25, 2025. The Company will host a conference call at 5:00pm ET that same day.Participants can register for the conference call by navigating to: https://dpregister.com/sreg/10196962/fe834c8562Please note that registered participants will receive their dial-in number and webcast link upon registration.Investors are encouraged to submit any questions in advance of the call by emailing them to: investorrelations@sezzle.com. Conference Participation Sezzle Management will participate in the following investor conferences: February 26, 2025: Oppenheimer 10th Annual Emerging Growth Conference. ...

Beyond Oil Delivers February Order Sized 16.48T to Latitude as Part of Master Distribution Agreement

Written by Customer Service on February 12, 2025. Posted in Public Companies.

Beyond Oil Reports the Successful Delivery of its February Order, Reflecting an Increase of over 50% from January, with Payment Received in Full; This Marks Continued Execution of a Five-Year Agreement with Minimum Commitments of US$8.3M for 2025 Alone VANCOUVER, B.C., KIBBUTZ YIFAT, Israel, and NEW YORK, NY , Feb. 12, 2025 (GLOBE NEWSWIRE) — Beyond Oil Ltd. (CSE: BOIL) (OTCQB: BEOLF) (Frankfurt: UH9) (“Beyond Oil” or the “Company”), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, is pleased to announce that it has successfully delivered the second order under its previously announced Master Distribution Agreement with Latitude Ltd. (“Latitude”). The February shipment, totaling 16.48 tonnes (T) of the Beyond...

QXO Proposes Full Slate of Independent Directors for Election at Beacon Roofing Supply’s 2025 Annual Meeting

Written by Customer Service on February 12, 2025. Posted in Mergers And Acquisitions.

GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) — QXO, Inc. (NYSE: QXO) announced today that it has informed Beacon Roofing Supply, Inc. (Nasdaq: BECN) that it will propose 10 independent director nominees at Beacon’s 2025 Annual Meeting of Shareholders to replace Beacon’s Board of Directors. The slate of independent nominees includes current and former senior executives and directors of leading global companies who were selected for their deep expertise with large-scale corporate transformations, extensive knowledge of the building products and distribution sectors, and track records of unlocking shareholder value. “We are proposing a slate of high-caliber, independent director nominees who are astute at delivering value to shareholders of large public companies,” said Brad Jacobs, chairman and chief executive officer of QXO....

Crane NXT Announces Fourth Quarter and Full Year 2024 Results; Raises Annual Dividend by 6%

Written by Customer Service on February 12, 2025. Posted in Earnings Releases And Operating Results.

Delivers full year Sales growth of 7%, GAAP EPS of $3.19 and Adjusted EPS of $4.26 On track to close De La Rue Authentication acquisition in the second quarter of 2025 WALTHAM, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) — Crane NXT, Co. (NYSE: CXT) (“Crane NXT” or the “Company”), a premier industrial technology company, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 HighlightsSales growth of 11.8% with core sales growth of 2.8% year-over-year. GAAP operating profit margin of 17.7% and Adjusted operating profit margin of 23.7%. GAAP earnings per diluted share (EPS) of $1.00, and Adjusted EPS of $1.20. Secured a £300 million term loan commitment to finance De La Rue transaction. Declared a first quarter 2025 dividend of $0.17 per share,...

Global Ship Lease Declares Quarterly Dividend per Common Share for Fourth Quarter of 2024

Written by Customer Service on February 12, 2025. Posted in Dividend Reports And Estimates.

ATHENS, Greece, Feb. 12, 2025 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company’s Board of Directors has declared a dividend of $0.45 per Class A common share for the fourth quarter of 2024, to be paid on March 6, 2025 to shareholders of record as of February 24, 2025. About Global Ship Lease Global Ship Lease is a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships. Incorporated in the Marshall Islands, Global Ship Lease commenced operations in December 2007 with a business of owning and chartering out containerships under fixed-rate charters to top tier container liner companies. It was listed on the New York Stock Exchange in August 2008. As of September 30, 2024, Global Ship Lease owned...

ARMOUR Residential REIT, Inc. Announces Q4 Results and December 31, 2024 Financial Position

Written by Customer Service on February 12, 2025. Posted in Dividend Reports And Estimates.

VERO BEACH, Florida, Feb. 12, 2025 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR PRC) (“ARMOUR” or the “Company”) today announced the Company’s unaudited Q4 results and December 31, 2024 financial position. ARMOUR’s Q4 2024 ResultsGAAP net loss related to common stockholders of $(49.4) million or $(0.83) per common share. Net interest income of $12.7 million. Distributable Earnings available to common stockholders of $46.5 million, which represents $0.78 per common share (see explanation of this non-GAAP measure on page 5). Average interest income on interest earning assets of 4.81% and interest cost on average interest bearing liabilities of 5.01%. Economic interest income was 4.77% less economic interest expense of 3.24% for an economic net interest spread of 1.53% (see explanation of this...

Day: February 12, 2025

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