Day: February 26, 2025

Applied Optoelectronics Reports Fourth Quarter and Full Year 2024 Results

Written by Customer Service on February 26, 2025. Posted in Earnings Releases And Operating Results.

SUGAR LAND, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) — Applied Optoelectronics, Inc. (NASDAQ: AAOI) (“AOI”), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced financial results for its fourth quarter and full year ended December 31, 2024. “We are pleased to have generated a solid quarter, driven by strength in both our datacenter and CATV businesses,” said Dr. Thompson Lin, AOI’s Founder, President and Chief Executive Officer. “We continued to see increasing orders in our datacenter business and believe we have solid momentum going forward. We saw a significant increase in our CATV business due to a ramp in orders for our 1.8 GHz amplifier products, which resulted in revenue growth that more than doubled sequentially....

Triumph Financial to Acquire Greenscreens.ai

Written by Customer Service on February 26, 2025. Posted in Mergers And Acquisitions.

Acquisition to Expand Triumph Financial’s Intelligence Segment, Enhancing Pricing for the Freight Industry DALLAS, Feb. 26, 2025 (GLOBE NEWSWIRE) — Triumph Financial, Inc. (Nasdaq: TFIN), a financial and technology company specializing in payments, factoring, banking and intelligence solutions for the transportation industry, has agreed to acquire Greenscreens.ai. Greenscreens.ai is a pricing solution for the logistics industry that delivers short-term freight market pricing intelligence and business insights. Using machine learning, their solutions help customers make data-informed pricing and purchasing decisions. “The acquisition of Greenscreens.ai marks another significant step in our strategy to transform data into actionable intelligence for the freight industry,” said Aaron P. Graft, founder, vice chairman and chief executive...

MYR Group Inc. Announces Fourth Quarter and Full Year 2024 Results

Written by Customer Service on February 26, 2025. Posted in Earnings Releases And Operating Results.

Board Approves New $75 Million Share Repurchase Program THORNTON, Colo., Feb. 26, 2025 (GLOBE NEWSWIRE) — MYR Group Inc. (“MYR” or the “Company”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced today its fourth quarter and full year 2024 financial results, and a new share repurchase program (“Repurchase Program”). Fourth Quarter 2024 HighlightsQuarterly revenues of $829.8 million Quarterly net income of $16.0 million, or $0.99 per diluted share Quarterly EBITDA of $45.5 millionFull Year 2024 HighlightsFull-year revenues of $3.36 billion Full-year net income of $30.3 million, or $1.83 per diluted share Full-year EBITDA of $117.8 million Backlog of $2.58 billionManagement...

Adventure Box Enters Into a LOI for Acquisition and Strategic Expansion With Blok Sports and Sparx Technologies

Written by Customer Service on February 26, 2025. Posted in Mergers And Acquisitions.

As Previously Announced on February 8, 2025 STOCKHOLM, Feb. 26, 2025 (GLOBE NEWSWIRE) — Adventure Box Technology AB (STO: ADVBOX) Adventure Box Technologies AB (publ) (“Adventure Box” or “the Company”) announced on February 8, 2025, the execution of a Letter of Intent to purchase 100% of Blok Sports LLC (“Blok”) and 51% of Sparx Technologies (“Sparx”). These planned acquisitions will strengthen Adventure Box’s position in the iGaming sector and advances management’s vision of building the premier portfolio of gaming companies. The planned acquisition of Blok represents a key entry into the digital sports and gaming markets, introducing a turnkey social sports betting platform for global media partners. Blok’s cutting-edge technology enhances customer engagement, expands brand...

Heidmar CEO Letter to Shareholders

Written by Customer Service on February 26, 2025. Posted in Mergers And Acquisitions.

ATHENS, Greece, Feb. 26, 2025 (GLOBE NEWSWIRE) — Following the completion of the business combination between Heidmar Maritime Holdings Corp. (NASDAQ: HMR) and MGO Global, Inc, Pankaj Khanna, the Chief Executive Officer of Heidmar addresses the below letter to Shareholders. Dear Shareholders I would like to thank you for your support during the merger process with MGO Global and welcome you to Heidmar. Founded in 1984, Heidmar is a well-known and respected name in the global maritime community. We are a global, tanker pool, commercial and technical management company. Headquartered in Greece, Heidmar operates through subsidiaries incorporated in the Marshall Islands, Singapore, United Kingdom, Dubai and Hong Kong, with planned expansion into Houston, which will allow Heidmar to piggyback on established tanker presence and infrastructure. Traditionally,...

Teladoc Health Reports Full Year and Fourth Quarter 2024 Results

Written by Customer Service on February 26, 2025. Posted in Earnings Releases And Operating Results.

PURCHASE, NY, Feb. 26, 2025 (GLOBE NEWSWIRE) — Teladoc Health, Inc. (NYSE: TDOC), the global leader in whole-person virtual care, today reported financial results for the full year ended December 31, 2024 (“Full Year 2024”) and three months ended December 31, 2024 (“Fourth Quarter 2024”). Unless otherwise noted, percentage and other changes are relative to the full year ended December 31, 2023 (“Full Year 2023”) and three months ended December 31, 2023 (“Fourth Quarter 2023”). Full Year and Fourth Quarter 2024 HighlightsFull Year 2024 revenue of $2,569.6 million, down 1% year-over-year, and Fourth Quarter 2024 revenue of $640.5 million, down 3% year-over-year Full Year 2024 net loss of $1,001.2 million, or $5.87 per share, and Fourth Quarter 2024 net loss of $48.4 million, or $0.28 per share Full Year 2024 adjusted EBITDA of...

Matterport Announces Fourth Quarter 2024 Financial Results, with Over 50 Billion in Square Feet Under Management, up 33%, and Total Subscription Revenue up 14%, Year-over-Year

Written by Customer Service on February 26, 2025. Posted in Earnings Releases And Operating Results.

Record full year subscription revenue of $99.6 million, up 14% year-over-year Q4 annualized recurring revenue (ARR) grows to $104.2 million Record full year total revenue of $169.7 million Total subscribers grew to 1.2 million, up 23% year-over-yearSUNNYVALE, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) — Matterport, Inc. (Nasdaq: MTTR) (“Matterport” or the “Company”), the leading spatial data company driving the digital transformation of the built world, today announced financial results for the quarter and year ended December 31, 2024. “I’m pleased to share our fourth quarter and full year 2024 results, highlighting our continued success driving efficient growth while doubling down on innovation. Total square feet digitized and managed reached a significant company milestone of 50.7 billion, up 33% year-over-year, with annual recurring...

Greif Reports Fiscal First Quarter 2025 Results

Written by Customer Service on February 26, 2025. Posted in Earnings Releases And Operating Results.

DELAWARE, Ohio, Feb. 26, 2025 (GLOBE NEWSWIRE) — Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced fiscal first quarter 2025 results. Fiscal First Quarter 2025 Financial Highlights: (all results compared to the first quarter of 2024 unless otherwise noted)Net income decreased 87.2% to $8.6 million or $0.15 per diluted Class A share compared to net income of $67.2 million or $1.17 per diluted Class A share, primarily due to a non-recurring income tax benefit of $48.1 million in the prior year quarter. Net income, excluding the impact of adjustments(1), decreased 69.1% to $22.5 million or $0.39 per diluted Class A share compared to net income, excluding the impact of adjustments, of $72.7 million or $1.27 per diluted Class A share. Adjusted EBITDA(2) increased 5.9% to...

Alector Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update

Written by Customer Service on February 26, 2025. Posted in Earnings Releases And Operating Results.

Topline data from the pivotal INFRONT-3 Phase 3 clinical trial of latozinemab in FTD-GRN expected by Q4 2025 Anticipate completing enrollment in the PROGRESS-AD Phase 2 clinical trial of AL101/GSK4527226 in participants with early Alzheimer’s disease by mid-2025 Applying Alector Brain Carrier to advance therapeutic candidates, including those targeting amyloid beta and replacing GCase $413.4 million in cash, cash equivalents and investments provide runway through 2026 Management to host conference call and webcast today at 4:30 p.m. ET/1:30 p.m. PT SOUTH SAN FRANCISCO, Calif., Feb. 26, 2025 (GLOBE NEWSWIRE) — Alector, Inc. (Nasdaq: ALEC), a late-stage clinical biotechnology company focused on developing therapies to counteract the devastating progression of neurodegeneration, today reported fourth quarter and full year 2024 financial...

BBSI Reports Strong Fourth Quarter and Full Year 2024 Financial Results

Written by Customer Service on February 26, 2025. Posted in Earnings Releases And Operating Results.

– Fourth Quarter Revenues up 10% to $304.8 Million With Net Income up 15% to $16.8 Million, or $0.63 per Diluted Share – VANCOUVER, Wash., Feb. 26, 2025 (GLOBE NEWSWIRE) — Barrett Business Services, Inc. (“BBSI” or the “Company”) (NASDAQ: BBSI), a leading provider of business management solutions, reported financial results for the fourth quarter and full year ended December 31, 2024. All share and per share amounts presented herein have been retroactively adjusted to reflect the impact of the four-for-one stock split that was distributed in the form of a stock dividend in June 2024 (the “Stock Split”). Fourth Quarter 2024 Financial Summary vs. Year-ago QuarterRevenues up 10% to $304.8 million. Gross billings up 10% to $2.25 billion. Average worksite employees (“WSEs”) up 5%. Net income up 15% to $16.8 million, or...

Day: February 26, 2025

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