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Day: February 25, 2025

Kiniksa Pharmaceuticals Reports Fourth Quarter and Full Year 2024 Financial Results and Recent Portfolio Execution

– ARCALYST® (rilonacept) Q4 2024 and full year 2024 net product revenue of $122.5 million and $417.0 million, respectively –– ARCALYST 2025 net product revenue expected to be $560 – $580 million –– KPL-387 Phase 2/3 clinical trial in recurrent pericarditis expected to initiate in mid-2025; Phase 2 data expected in 2H 2026 –– Abiprubart development in Sjögren’s Disease to be discontinued –– Current operating plan expected to remain cash flow positive on an annual basis –– Conference call and webcast scheduled for 8:30 am ET today – LONDON, Feb. 25, 2025 (GLOBE NEWSWIRE) — Kiniksa Pharmaceuticals International, plc (Nasdaq: KNSA) (Kiniksa), a biopharmaceutical company developing and commercializing novel therapies for diseases with unmet need, with a focus on cardiovascular indications, today reported fourth quarter and full...

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Purpose Investments Inc. Announces Final February 2025 Distribution Rate for Purpose High-Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final February 2025 distribution rates for Purpose High-Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund. The following table reflects the final distribution amounts for the month of February. Ex-distribution date is February 26, 2025.Open-End Fund Ticker Symbol Final distributionper unit Record Date Payable Date DistributionFrequencyPurpose USD Cash Management Fund – ETF Units MNU.U US $ 0.3407 02/26/2025 03/04/2025 MonthlyPurpose Cash Management Fund – ETF Units MNY $ 0.2701 02/26/2025 03/04/2025 MonthlyPurpose High Interest Savings Fund – ETF Units PSA $ 0.1130 02/26/2025 03/04/2025 MonthlyPurpose US Cash Fund – ETF Units PSU.U US $ 0.3244 02/26/2025 03/04/2025 MonthlyAbout...

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Evaxion extends phase 2 trial with personalized cancer vaccine EVX-01 to further enhance clinical data package

Originally planned as a two-year study, the trial has been extended by an additional year to collect three-year clinical outcome data  The additional third year of EVX-01 dosing may provide further insights into potential enhanced treatment effects and durability of induced immune response The trial already yielded convincing one-year data and remains on track for two-year data readout in the second half of 2025COPENHAGEN, Denmark, February 25, 2025 – Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, will further enhance the data package from its ongoing phase 2 trial with the company’s lead asset EVX-01 by extending the trial from two to three years. Designed with Evaxion’s AI-Immunology™ platform, EVX-01 is a personalized...

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Camposol Holding PLC reports Preliminary Fourth Quarter and Full Year 2024 Results.

LIMA, Peru, February 25, 2025 — Camposol Holding PLC (Camposol or the Company), a multinational company dedicated to providing fresh and healthy food globally, today announced its preliminary financial results for year ended December 31, 2024. These results have been prepared in accordance with International Financial Reporting Standards (IFRS) and are subject to change based on the issuance of the Company’s audited financial statements. Camposol Achieves Record EBITDA of USD 184.1 million in 2024, and a Net Debt to EBITDA ratio of 2.41x, Highlighting Market Leadership in Key Exports and Financial Discipline. 1) Full year 2024 Financial Overview:Volume Sold: Totaled 112,564 MT, a 6% decrease compared to 2023. Sales: USD 550 million, marking an 18% growth compared to USD 464 million in 2023. EBITDA: USD 184.1 million, a 68% increase...

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LGI Homes, Inc. Reports Fourth Quarter and Full Year 2024 Results and Issues Guidance for 2025

THE WOODLANDS, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the fourth quarter and year ended December 31, 2024. “In the face of a mixed macroeconomic backdrop, our strong finish in the fourth quarter enabled us to meet, and in many cases exceed, our strategic goals for 2024,” said Eric Lipar, Chairman and Chief Executive Officer of LGI Homes. “Our strong execution in the fourth quarter resulted in full year closings of 6,131 homes, including the bulk sale of 103 leased, single-family homes. We successfully ended the year with a record high 151 active communities, an impressive increase of 29.1%. We made significant progress improving profitability. Our full year gross margin was 24.2% and adjusted gross margin was 26.3%. These results represented increases of 120...

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Fulcrum Therapeutics Announces Recent Business Highlights and Financial Results for Fourth Quarter and Full Year 2024

― On track to provide clinical data from the 12 mg dose cohort from the Phase 1b PIONEER trial of pociredir in SCD in mid-2025 and the 20 mg dose cohort by the end of 2025 ― ― Ended 2024 with $241.0 million in cash, cash equivalents, and marketable securities; cash runway into at least 2027 ― ― Conference call and webcast scheduled for 8:00 a.m. ET today ― CAMBRIDGE, Mass., Feb. 25, 2025 (GLOBE NEWSWIRE) — Fulcrum Therapeutics, Inc.® (Fulcrum) (Nasdaq: FULC), a clinical-stage biopharmaceutical company focused on developing small molecules to improve the lives of patients with genetically defined rare diseases, today reported financial results for the fourth quarter and full year of 2024 as well as a business update. “We are entering 2025 with strong momentum behind our lead program, pociredir, for the treatment of sickle cell disease,”...

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Stantec announces record 2024 earnings, increases dividend by 7%, achieves all-time record backlog of $7.8 billion, and provides 2025 outlook

2024 HighlightsNet revenue of $5.9 billion in 2024, an increase of 15.8% over 2023; Adjusted EBITDA1 of $980.3 million, up 18.0% over 2023, and adjusted EBITDA margin1 of 16.7%, a 30-basis point increase over 2023; Strong organic growth of 7.4% for the full year driven by 8.6% organic growth in the US, 6% in Canada, and 5.8% in Global; Operating cash flows increased to $603.1 million, up 16.0% over 2023; Adjusted diluted EPS1 of $4.42, an increase of 20.4% over 2023; Backlog of $7.8 billion, up 24.1% since December 31, 2023, and; Ranked #8 of the most sustainable corporations in the world by Corporate Knights, first among peers.EDMONTON, Alberta and NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) — TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, released its results today for the fourth quarter and year...

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Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2024

– Quarterly Revenue of $107.0 million – – Adjusted Gross Profit Percentage1 of 37.6% – – Quarterly Net Income of $7.8 million – – Adjusted EBITDA1 of $26.4 million – – Ending Backlog and Awarded Orders of $634.7 million – – Provides First Quarter and Full Year 2025 Outlook – PORTLAND, Tenn., Feb. 25, 2025 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions and components, including battery energy storage solutions (“BESS”), and Original Equipment Manufacturer (“OEM”) components for the global energy transition market, today announced results for its fourth quarter ended December 31, 2024. “2024 proved to be an unpredictable year for the US utility scale solar industry. A rapidly shifting political landscape, supply chain...

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Beam Therapeutics Reports Fourth Quarter and Year-End 2024 Financial Results and Reiterates Anticipated Catalysts

Enrollment Target for Adult Sickle Cell Disease Patients Achieved in BEACON Trial ofBEAM-101; Dosing of 30 Patients and Updated Data Expected by Mid-2025 Initial Data from Phase 1/2 Trial of BEAM-302 in Alpha-1 Antitrypsin Deficiency Expected in First Half 2025 Dosing Expected to Initiate in Phase 1/2 Trial of BEAM-301 in Glycogen Storage Disease Type 1a in Early 2025 IND-enabling Studies of ESCAPE Nongenotoxic Conditioning Approach Ongoing; Healthy Volunteer Study of BEAM-103 Antibody Expected to Initiate by Year-end Ended Fourth Quarter 2024 with $850.7 Million in Cash, Cash Equivalents and Marketable Securities; Cash Runway Expected to Support Operating Plans into 2027 CAMBRIDGE, Mass., Feb. 25, 2025 (GLOBE NEWSWIRE) — Beam Therapeutics Inc. (Nasdaq: BEAM), a biotechnology company developing precision genetic medicines through...

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Bitdeer Reports Unaudited Financial Results for the Fourth Quarter and Full Year of 2024

SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today released its unaudited financial results for the fourth quarter ended December 31, 2024. Q4 2024 Financial HighlightsAll amounts compared to Q4’23 unless otherwise notedTotal revenue was US$69.0 million vs. US$114.8 million. Cost of revenue was US$63.9 million vs. US$87.8 million. Gross profit was US$5.1 million vs. US$27.0 million. Net loss was US$531.9 million vs. US$5.0 million. Adjusted EBITDA1 was negative US$3.8 million, vs. positive US$33.32 million. Cash and cash equivalents were US$476.3 million as of December 31, 2024. Crypto balance: US$77.5 million as of December 31, 2024.Management Commentary “Last year, we strategically...

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