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Month: February 2025

Pennant Reports Fourth Quarter and Fiscal Year 2024 Results

Conference Call and Webcast scheduled for tomorrow, February 28, 2025 at 10:00 am MT EAGLE, Idaho, Feb. 27, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results for the fiscal year and fourth quarter of 2024, reporting GAAP diluted earnings per share of $0.70 and $0.16 for the year ended December 31, 2024 and the fourth quarter, respectively. Pennant also reported adjusted diluted earnings per share of $0.94 for the year and $0.24 for the quarter (1). Fourth Quarter HighlightsTotal revenue for the full year was $695.2 million, an increase of $150.3 million or 27.6% over the prior year, and for the fourth quarter was $188.9 million, an increase of $42.9 million or 29.4% over the...

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Jamf Releases Fourth Quarter and Fiscal Year 2024 Financial Results

MINNEAPOLIS, Feb. 27, 2025 (GLOBE NEWSWIRE) — Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced financial results for its fourth quarter and full year ended December 31, 2024, through an earnings release available on the company’s Investor Relations website at https://ir.jamf.com. The earnings release will be furnished to the SEC on Form 8-K. Jamf will host a conference call and live webcast for analysts and investors at 3:30 p.m. Central Time (4:30 p.m. Eastern Time) on February 27, 2025. The conference call will be webcast live on Jamf’s Investor Relations website at https://ir.jamf.com. Those parties interested in participating via telephone may register on Jamf’s Investor Relations website. The financial tables, earnings presentation, and investor presentation provided in connection with...

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Ollie’s Bargain Outlet Acquires 40 Former Big Lots Stores from Gordon Brothers

HARRISBURG, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced the acquisition of 40 former Big Lots store leases from Gordon Brothers. The acquisition of the additional store leases is subject to final bankruptcy court approval and customary closing conditions. Including the 40 additional Big Lots locations, the Company has acquired a total of 63 former Big Lots store leases to date. Eric van der Valk, President and Chief Executive Officer of Ollie’s stated, “We are excited to announce the acquisition of an additional 40 former Big Lot store locations. Everything about these stores lines up well with our business and growth strategy. These locations are the right size, come with favorable lease terms, are located in existing and adjacent trade areas, and have...

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Stronghold Stockholders Overwhelmingly Approve Merger with Bitfarms

NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) — Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced that its stockholders have overwhelmingly voted “FOR” the pending merger (the “Merger”) between Stronghold and Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms”). “I’m incredibly proud of what we’ve accomplished at Stronghold,” said Gregory Beard, Chief Executive Officer and Chairman of Stronghold. “We are thrilled by the strong endorsement from our stockholders, who recognize the significant value and potential of this merger and look forward to the next chapter for our stockholders as a part of Bitfarms.” On February 27, 2025, Stronghold held a special meeting of the Company’s stockholders (the “Special Meeting”). At the Special Meeting, the Company’s stockholders voted on and...

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Definitive Healthcare Reports Financial Results for Fourth Quarter and Full Fiscal Year 2024

Fourth quarter and full year 2024 revenue exceeded guidance FRAMINGHAM, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) — Definitive Healthcare Corp. (“Definitive Healthcare” or the “Company”) (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced financial results for the quarter and full year ended December 31, 2024.  Fourth Quarter 2024 Financial Highlights:Revenue was $62.3 million, a decrease of 6% from $65.9 million in Q4 2023.  Net Loss, inclusive of goodwill impairment charges of $97.1 million, was $(84.7) million, or (136)% of revenue, compared to $(13.4) million or (20)% of revenue in Q4 2023.   Adjusted Net Income was $12.6 million, compared to $10.6 million in Q4 2023.    Adjusted EBITDA was $17.5 million, or 28% of revenue, compared to $19.8 million, or 30% of revenue in Q4 2023.   Cash Flow...

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LeMaitre Q4 2024 Financial Results

BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) — LeMaitre (Nasdaq:LMAT), a provider of vascular devices, implants, and services, reported Q4 2024 results, announced an increased quarterly dividend of $0.20/share (+25%), and provided guidance. Q4 2024 Financial ResultsSales $55.7mm, +14% (+14% organic) vs. Q4 2023 Gross margin 69.3%, +121 bps Op. income $12.9mm, +26% Op. margin 23% Earnings per diluted share $0.49, +30% Cash up $175.8mm sequentially to $299.7mmGrafts (+23%), carotid shunts (+14%) and catheters (+12%) drove Q4 sales growth. APAC sales increased 21%, EMEA 18% and the Americas 12%. XenoSure patches received Chinese cardiac approval in December. The gross margin improved to 69.3% (vs. 68.1% in Q4 2023), due to higher ASPs and manufacturing efficiencies. Operating income of $12.9mm was up 26% in Q4. Operating...

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ARRAY Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2024

Exceeds the mid-point of fourth quarter revenue guidance, achieves record gross margin on the full year, and delivers strong cash flow generation Fourth Quarter 2024 Financial HighlightsRevenue of $275.2 million Gross Margin of 28.5% Adjusted gross margin(1) of 29.8% Net loss to common shareholders of $(141.2) millionNet loss to common shareholders inclusive of $74.0 million non-cash goodwill impairment charge and $91.9 million non-cash long-lived intangible asset write-down associated with the 2022 STI acquisitionAdjusted EBITDA(1) of $45.2 million Net loss per basic and diluted share of $(0.93) Adjusted net income per diluted share(1) of $0.16Full Year 2024 Financial HighlightsRevenue of $915.8 million Gross Margin of 32.5% Adjusted gross margin (1) of 34.1% Net loss to common shareholders of $(296.1) millionNet loss to...

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American Coastal Insurance Corporation Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2024

Company to Host Quarterly Conference Call at 5:00 P.M. ET on February 27, 2025The information in this press release should be read in conjunction with an earnings presentation that is available on the Company’s website at investors.amcoastal.com/Presentations. ST. PETERSBURG, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) — American Coastal Insurance Corporation (Nasdaq: ACIC) (“ACIC” or the “Company”), a property and casualty insurance holding company, today reported its financial results for the fourth quarter and year ended December 31, 2024.       ($ in thousands, except for per share data)Three Months Ended   Year EndedDecember 31,   December 31,    2024       2023     Change     2024       2023     ChangeGross premiums written $ 140,739     $ 128,260     9.7 %   $ 647,805     $ 635,709     1.9 %Gross...

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Opendoor Announces Fourth Quarter and Full Year 2024 Financial Results

SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December 31, 2024. Opendoor’s fourth quarter and year-end 2024 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports. “In 2024, we took decisive actions to streamline operations and optimize our cost structure to better position the Company to navigate the persistent housing market headwinds and drive toward our longer-term profitability target. As a result, we significantly reduced Adjusted Net Losses in...

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PubMatic Announces Fourth Quarter and Fiscal Year Ended 2024 Financial Results

FY Revenue of $291.3 million, up 9% over 2023; Delivered FY 2024 net income of $12.5 million or 4% margin; FY adjusted EBITDA increased 23% over 2023 and was $92.3 million or 32% margin; Revenue in Q4 from CTV more than doubled year over year and represented 20% of total revenue; Supply Path Optimization represented 53% of total activity in 2024; Repurchased 4.3 million shares in 2024, representing 7.9% of fully diluted shares as of December 31, 2024 NO-HEADQUARTERS/REDWOOD CITY, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) — PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today reported financial results for the fourth quarter and fiscal year ended December 31, 2024. “Revenue growth in the year more than doubled over 2023, driven by strength in CTV, emerging...

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