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Day: February 20, 2025

Kaltura Announces Financial Results for Fourth Quarter and Full Year 2024

NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) — Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the fourth quarter and full year ended December 31, 2024, as well as outlook for first quarter and full year 2025. “We surpassed our guidance for the fourth quarter, delivering record total and subscription revenue, as well as the highest Adjusted EBITDA since the second quarter of 2020, fueled by record high gross margin. We also posted sequential and year-over-year growth in gross and net dollar retention rates, and in new bookings for the third quarter in a row,” said Ron Yekutiel, Co-founder, Chairman, President and Chief Executive Officer of Kaltura. “For the full year, we are pleased to report we achieved record annual subscription revenue, total revenue, and Adjusted EBITDA...

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Pool Corporation Reports Year End and Fourth Quarter 2024 Results; Provides 2025 Earnings Guidance

Highlights include:Annual net sales of $5.3 billion, anchored by a consistent stream of recurring maintenance product sales Operating income of $617.2 million, maintaining a solid operating margin of 11.6% Net cash provided by operations of $659.2 million, or 152% of net income 2024 diluted EPS of $11.30, or $11.07 without tax benefits 2025 diluted EPS guidance range of $11.08 – $11.58, including an estimated $0.08 tax benefitCOVINGTON, La., Feb. 20, 2025 (GLOBE NEWSWIRE) — Pool Corporation (Nasdaq/GSM:POOL) today announced full year and fourth quarter 2024 results. “Our results in 2024 highlight the strength of our business model in a pressured macroenvironment. Strategic execution in our growth initiatives allowed us to achieve net sales of $5.3 billion despite tempered discretionary spending. This year we enhanced...

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BigCommerce Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Full-Year Total Revenue of $332.9 Million, an Increase of 8% Versus Prior Year. Total ARR of $349.6 Million, an Increase of 4% Versus Prior Year. Enterprise ARR of $261.6 Million, an Increase of 7% Versus Prior Year. Full-Year Operating Cash Flow of $26.3M AUSTIN, Texas, Feb. 20, 2025 (GLOBE NEWSWIRE) — BigCommerce Holdings, Inc. (“BigCommerce” or the “Company”) (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands and retailers, today announced financial results for its fourth quarter and fiscal year ended December 31, 2024. “Over the last several months, we have focused on executing our go-to-market transformation, aligning our strategy, structure and messaging to reflect the full power of BigCommerce,” said Travis Hess, CEO of BigCommerce. “Transformations like this are not easy, and...

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Enviri Corporation Reports Fourth Quarter and Full Year 2024 Results

Fourth quarter revenues totaled $559 million; GAAP consolidated loss from continuing operations of $82 millionAdjusted EBITDA in Q4 totaled $70 million, an increase of 5% over the prior-year quarter on an organic basis (adjusted for foreign exchange translation and divestiture impacts)Net cash provided by operating activities of $36 million and adjusted free cash flow of $8 million in Q4Full year 2024 revenues increased 3% on an organic basis2024 GAAP consolidated loss from continuing operations of $119 million; Adjusted EBITDA totaled $319 million, an increase of 11% on an organic basisCredit agreement net leverage ratio improved from prior year-end to 4.07xEntered into amended credit agreement that strengthens financial flexibility and liquidity2025 Adjusted EBITDA expected to be within range of $305 million and $325 million,...

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Supremex Announces Q4 and Year-End 2024 Results

Optimization Initiatives Drive Solid Margin Improvement in the Fourth Quarter MONTREAL, Feb. 20, 2025 (GLOBE NEWSWIRE) — Supremex Inc. (“Supremex” or the “Company”) (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, today announced its results for the fourth quarter and fiscal year ended December 31, 2024. The Company will hold a conference call to discuss these results today at 10:00 a.m. (Eastern Time). Fourth Quarter Financial Highlights and Recent EventsTotal revenue of $69.1 million, compared to $72.3 million in the fourth quarter of 2023. Envelope segment revenue of $48.8 million, versus $50.6 million in the fourth quarter of 2023. Packaging and Specialty Products segment revenue of $20.3 million, compared to $21.7 million last year. Net...

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Americold Announces Fourth Quarter and Full Year 2024 Results

Achieved Double Digit Adjusted FFO per share Growth for Full Year 2024 Delivered $125 million of Incremental Full Year Same Store Warehouse Services NOI Announced New $79 million State-of-the-Art Facility Development with Strategic Partners Announces $34 million Customer-Driven Expansion in Christchurch, NZ ATLANTA, GA., Feb. 20, 2025 (GLOBE NEWSWIRE) — Americold Realty Trust, Inc. (NYSE: COLD) (the “Company”), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. George Chappelle, Chief Executive Officer of Americold Realty Trust, stated, “Throughout 2024 we made significant progress...

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Luckin Coffee Announces Fourth Quarter and Fiscal Year 2024 Financial Results

 Fourth Quarter GAAP Operating Margin Expanded Year-over-Year to 10.4% Fourth Quarter Same-Store Sales Growth for Self-Operated Stores Notably Improved Quarter-over-Quarter Net New Store Openings of 6,092 in 2024, Ending the Year with a Total of 22,340 Stores BEIJING, Feb. 20, 2025 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced its unaudited financial results for the three months ended December 31, 2024 and fiscal year 2024. FOURTH QUARTER 2024 HIGHLIGHTS1Total net revenues were RMB9,613.3 million (US$1,317.2 million), representing a 36.1% year-over-year increase.Net new store openings were 997, comprising 991 stores in China (including 5 stores in Hong Kong) and 6 stores in Singapore. Total number of stores increased to 22,340 at the fourth quarter end, comprising 14,591...

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Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2024 Results

EDINBURG, Va., Feb. 20, 2025 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2024 financial and operating results. 2024 HighlightsGlo Fiber Expansion Markets data customers grew 56% year-over-year to over 65,000. Glo Fiber Expansion Markets passings grew by approximately 112,400, or 48%, to approximately 346,000. Glo Fiber Expansion Markets revenue grew 65% or $22.8 million to $57.9 million. Completed the integration of Horizon Telcom (“Horizon”) in the fourth quarter. Annual run-rate synergy savings expected to reach $13.8 million by the beginning of second quarter 2025.“2024 was a pivotal year as we successfully expanded into Ohio through our acquisition of Horizon, completed the integration in nine months and raised our synergy target by over $4 million...

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Altisource Announces Closing of the Previously Announced Exchange and Maturity Extension Transactions of the Company’s Term Loans

LUXEMBOURG, Feb. 20, 2025 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, announced the closing of its previously announced exchange transaction with one hundred percent (100%) of lenders under the Company’s senior secured term loans (the “Lenders”) (the “Term Loan Exchange Transactions”) and entered into a $12.5 million super senior credit facility (the “Super Senior Facility”). “I am pleased that we executed and closed the Term Loan Exchange Transactions and the Super Senior Facility. We believe these transactions significantly strengthen Altisource’s balance sheet which, combined with the Company’s improving financial performance, should help position it for sustainable long-term growth...

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COEPTIS NexGenAI Affiliates Network & MarketLeverage Announce Strategic Partnership to Revolutionize AI-Powered Affiliate Marketing

This partnership gives COEPTIS access to AI-driven campaign management, predictive analytics, and automated outreach capabilities with MarketLeverage’s 5,500 advertisers and 55,000 publishers, creating one of the most expansive and effective affiliate networks in the industry WEXFORD, Pa., Feb. 20, 2025 (GLOBE NEWSWIRE) — COEPTIS, Inc. (Nasdaq: COEP) (“the Company” or “Coeptis”), a pioneering technology firm at the forefront of innovative biotechnology solutions, is thrilled to announce a partnership between COEPTIS’ NexGenAI Affiliates Network and MarketLeverage, a leading digital advertising firm and affiliate network. This collaboration aims to redefine affiliate marketing by integrating cutting-edge AI technology with performance-based strategies. With MarketLeverage’s extensive industry expertise and...

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