Day: February 19, 2025

ATHENS, Greece, Feb. 19, 2025 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (together with its subsidiaries, unless context otherwise dictates, “OET” or the “Company”) (NYSE: ECO, OSE: OET) today reported its unaudited condensed financial results for the fourth quarter and twelve-month period of 2024, which are attached to this press release. Financial performance of the Fourth Quarter Ended December 31, 2024  • Revenues of $85.2 million in Q4 2024, compared to $91.7 million in Q4 2023.  • Profit of $13.2 million in Q4 2024, compared to $21.3 million in Q4 2023.  • Vessel operating expenses of $9.6 million in Q4 2024, compared to $10.6 in Q4 2023.  • Earnings per share of $0.41 in Q4 2024, compared to $0.66 in Q4 2023.  • Cash (including restricted cash) of $54.3 million as of December 31, 2024, compared to $54.9...

FREMONT, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), a global high-performance battery company, announced today financial results for the fourth quarter and full year 2024, which included the summary below from its President and CEO, Dr. Raj Talluri. Fellow Shareholders, In the fourth quarter of 2024, we achieved key milestones in manufacturing, technology, and sales, setting the stage for a breakout year in 2025. We are focused on launching our first smartphone battery and converting our IoT pipeline into contracted backlog. Customers across multiple industries are acknowledging the readiness of our manufacturing capabilities, which are coming online at the perfect time to meet strong demand for our high energy-density solutions and diversified supply chain. Other recent highlights include:Record...

HAMILTON, Bermuda, Feb. 19, 2025 (GLOBE NEWSWIRE) — Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company’s results for the quarter and the year ended December 31, 2024 and announced that its Board of Directors has declared a cash dividend of $0.25 per share for the quarter ended December 31, 2024. The cash dividend is payable on March 14, 2025 to all shareholders of record as at March 3, 2025. The full earnings release and Teekay Group’s earnings presentation are available on the Company’s website here. About Teekay Tankers Teekay Tankers has a fleet of 39 double-hull tankers (including 23 Suezmax tankers and 16 Aframax / LR2 tankers), and has five time chartered-in oil and product tankers. Teekay Tankers’ vessels are typically employed through a mix of spot tanker market trading and...

NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three months and year ended December 31, 2024, respectively.Summary of Fourth Quarter and Full Year 2024:(dollar amounts in thousands, except per share data)  For the Three Months Ended December 31, 2024   For the Year Ended December 31, 2024Net loss attributable to Company’s common stockholders $ (41,828 )   $ (103,785 )Net loss attributable to Company’s common stockholders per share (basic) $ (0.46 )   $ (1.14 )Undepreciated loss(1) $ (39,800 )   $ (91,759 )Undepreciated loss per common share(1) $ (0.44 )   $ (1.01 )Comprehensive loss attributable to Company’s common stockholders $ (41,828 )   $ (103,781 )Comprehensive loss...

Fourth quarter active customers up 32% and revenue up 33% year over yearFourth quarter net loss was $5.7 million and Adjusted EBITDA was $43.7 million SEATTLE, Feb. 19, 2025 (GLOBE NEWSWIRE) — Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, reported results for the fourth quarter and full year ended December 31, 2024. “We delivered an exceptional fourth quarter and full year, exceeding expectations, as our product strength and customer loyalty drove durable growth and improving profitability,” said Matt Oppenheimer, co-founder and Chief Executive Officer, Remitly. “Our product experience continues to resonate with customers as we deliver simplicity, convenience, and trust. As we look ahead to 2025 and beyond, I am excited about the growth opportunities and innovation...

REDWOOD CITY, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) — Pulmonx Corporation (Nasdaq: LUNG) (“Pulmonx” or the “Company”), a global leader in minimally invasive treatments for lung disease, today reported financial results for the fourth quarter and full year ended December 31, 2024. Recent HighlightsDelivered $83.8 million in worldwide revenue for the full year of 2024, a 22% increase over the prior year Achieved record worldwide revenue of $23.8 million for the fourth quarter of 2024, a 23% increase over the same period last year on an as reported and constant currency basis Set a record of $15.9 million and $56.5 million in U.S. revenue for the fourth quarter 2024 and the full year 2024, representing 16% and 23% year-over-year growth, respectively Realized gross margin of 74% in the fourth quarter of 2024 and 74%...

Q4 2024 revenue of $48.1 millionQ4 2024 positive Adjusted EBITDA of $5.4 million and GAAP Operating Income of $1.8 millionCompleted sale of telematics business for $52.7 million in cashCompleted convertible debt restructurings with material reductions in debt SAN DIEGO, Feb. 19, 2025 (GLOBE NEWSWIRE) — Inseego Corp. (Nasdaq: INSG) (the “Company”), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises and SMBs, today reported its results for the fourth quarter and full year ended December 31, 2024. “My first weeks at Inseego have been very positive, and we are already making progress towards positioning the company as the wireless broadband partner of choice within the wireless ecosystem,” stated Juho Sarvikas, Chief Executive Officer of Inseego. “Our fourth-quarter operational...

SEATTLE, Feb. 19, 2025 (GLOBE NEWSWIRE) — Trupanion, Inc. (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, today announced financial results for the fourth quarter and full year ended December 31, 2024. “2024 was a milestone year for Trupanion. Strong execution drove 20% subscription revenue growth, the doubling of our subscription margin in Q4 from its quarterly low in 2023, and a record $39 million in free cash flow,” said Margi Tooth, Chief Executive Officer and President of Trupanion. “As we look to 2025, our focus remains on sustainable, measured growth while enhancing the member experience and improving retention.”Fourth Quarter 2024 Financial and Business HighlightsTotal revenue was $337.3 million, an increase of 14% compared to the fourth quarter of 2023. Total enrolled pets (including pets...