Day: February 19, 2025

– Third highest annual cash flow from operations of $1.43 billion – Repurchased record $1.09 billion of common stock in 2024; outstanding shares down 6% – Annual net sales of $13.84 billion with tons sold up 4.0% (same-store tons sold up 1.0%) – Strong annual gross profit margin of 29.7% – Annual EPS of $15.56; non-GAAP EPS of $15.92 – Completed four acquisitions in 2024 – Increased quarterly dividend 9.1% to $1.20 per share (annual: $4.80) – Stronger than anticipated fourth quarter operating results excluding non-recurring and year-end LIFO adjustments SCOTTSDALE, Ariz., Feb. 19, 2025 (GLOBE NEWSWIRE) — Reliance, Inc. (NYSE: RS) today reported its financial results for the fourth quarter and full year ended December 31, 2024.(in millions, except tons sold which are in thousands,...

Fourth quarter operating income of $160.2 million compares to $198.3 million in the same prior year quarter Fourth quarter net income of $88.1 million compares to $131.4 million in Q4 2023, while adjusted net income1 of $101.8 million compares to $147.0 million in Q4 2023 Fourth quarter diluted earnings per share (diluted “EPS”) of $1.03 compares to $1.53 in Q4 2023, while adjusted diluted EPS1 of $1.19 compares to $1.71 in Q4 2023 Fourth quarter net cash from operating activities $266.6 million compares to $302.6 million in Q4 2023, while free cash flow1 of $211.8 million compares to $243.8 million in Q4 2023 The Board of Directors approved a $0.45 quarterly dividend, an increase of 13% TFI intends to Pursue Re-Domiciliation to United StatesMONTREAL, Feb. 19, 2025 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII),...

Revenue and Adjusted EBITDA Exceed High-End of GuidanceFourth quarter revenue of $160 million and full-year revenue of $637 million Fourth quarter GAAP net income (loss) of ($26) million and full-year GAAP net income (loss) of ($80) million Fourth quarter non-GAAP net income (loss) of ($1) million and full-year non-GAAP net income of $11 million Fourth quarter Adjusted EBITDA of $6 million and full-year Adjusted EBITDA of $28 million Expects 2025 revenue of $765 million to $785 million, growth of 20% to 23% YoY, GAAP net income (loss) of ($62) million to ($52) million and Adjusted EBITDA of $65 million to $75 million, growth of approximately 150% YoY at the midpoint of guidanceBUFFALO, N.Y., Feb. 19, 2025 (GLOBE NEWSWIRE) — ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and...

GAAP Net Income of $0.26 Per Diluted Share for the Fourth Quarter and $0.33 per Diluted Share for the Full Year Normalized FFO of $0.27 Per Diluted Share for the Fourth Quarterand $1.29 per Diluted Share for the Full Year Office Same Store NOI Growth of 12.3% (GAAP)Positive Office Releasing Spreads of 18.7% (GAAP) and 3.5% (Cash) Positive Retail Renewal Spreads of 11.1% (GAAP) and 2.9% (Cash) Approximately 315K Net Rentable Square Feet of New and Renewed Commercial Lease Space Introduced 2025 Full-Year Normalized FFO Guidance Range of $1.00 to $1.10 per Diluted Share VIRGINIA BEACH, Va., Feb. 19, 2025 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) today announced its results for the quarter ended December 31, 2024 and provided an update on current events and earnings guidance. Fourth Quarter and Recent Highlights:Net...

SAN JOSE, Calif., Feb. 19, 2025 (GLOBE NEWSWIRE) — Outset Medical, Inc. (Nasdaq: OM), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, today reported financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter, Year-End HighlightsNet revenue of $29.5 million in the fourth quarter and $113.7 million in 2024 were both ahead of the company’s prior guidance and preannouncement in January. Gross margin of 36.5% (37.7% on a non-GAAP basis) in the fourth quarter increased 220 basis points sequentially from the third quarter and 11 percentage points from the fourth quarter of 2023. Gross margin for the full year was 33.9% (35.6% on a non-GAAP basis) compared to 22.2% (23.7% on a non-GAAP basis) in 2023. The Tablo installed base reached...

LOUISVILLE, Ky., Feb. 19, 2025 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”, “we”) today reported business results for the quarter and full year ended December 31, 2024. Company HighlightsRecord fourth quarter 2024 financial results compared to the prior year:Net revenue of $624.2 million, up $63.0 million or 11% Net income attributable to CDI of $71.7 million, up $14.1 million or 24% Adjusted EBITDA of $236.6 million, up $17.5 million or 8%Record 2024 financial results compared to the prior year:Net revenue of $2.7 billion, up $272.6 million or 11% Net income attributable to CDI of $426.8 million, up $9.5 million or 2% Adjusted EBITDA of $1.2 billion, up $135.3 million or 13%We successfully ran the 150th Kentucky Derby on the first Saturday...

BURLINGTON, Mass., Feb. 19, 2025 (GLOBE NEWSWIRE) — Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometrics, will hold a webcast on Wednesday, March 5, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and year ended December 31, 2024. Financial results will be issued in a press release prior to the call. Aware management will host the webcast presentation, followed by a question-and-answer session. Date: Wednesday, March 5, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Webcast: Register Here https://event.on24.com/wcc/r/4863118/5A19B32D8A979AAFBE9E945DDFCAEEA0 Interested parties may submit questions in advance of the webcast by emailing...

DELTA, British Columbia, Feb. 19, 2025 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V:WBE) reports that sales for the quarter ended December 31, 2024 were $2,305,562 compared to $2,577,348 for the quarter ended September 30, 2024. This decrease in sales (10.6%) resulted in a loss of $40,107 (- $001 per share) for the quarter. The previous quarter ended September 30, 2024 yielded a profit of $71,060 ($0.002 per share). The decrease in sales and profit for the quarter coincided with the increased volatility of North American markets for our products and the change in government in the U.S. Although orders for Canada and the US were dramatically reduced in November and early December of 2024, orders rebounded in late December and January 2025. The addition of maintenance, production and warehouse personnels, has allowed...

2024 Fourth Quarter Financial Highlights:Total assets were $186.9 million at year end. Net interest income of $1.00 million for the fourth quarter. Net interest margin of 2.30% for the fourth quarter and 2.36% for the year. Total deposits increased 3% to $145.8 million at December 31, 2024, compared to $142.2 million a year ago, with non-interest bearing demand deposits representing 25% of total deposits. Net loans were $141.6 million at December 31, 2024, compared to $142.8 million a year ago. Asset quality remains pristine. Tangible book value per share increased to $7.80 at year end, compared to $7.58 a year ago.POULSBO, Wash., Feb. 19, 2025 (GLOBE NEWSWIRE) — Liberty Northwest Bancorp, Inc. (OTCQX: LBNW) (the “Company”) and its wholly-owned subsidiary Liberty Bank today announced a net loss of $43 thousand for the fourth...