Month: February 2025

Bread Financial Provides Performance Update for January 2025

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

COLUMBUS, Ohio, Feb. 11, 2025 (GLOBE NEWSWIRE) — Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated: For themonth endedJanuary 31, 2025 For themonth endedJanuary 31, 2024 (dollars in millions)End-of-period credit card and other loans $ 18,366 $ 18,785 Average credit card and other loans $ 18,530 $ 18,915 Year-over-year change in average credit card and other loans (2 %) (9 %)Net principal losses $ 123 $ 128 Net loss rate 7.8 % 8.0 % As ofJanuary 31, 2025 As ofJanuary 31, 2024 (dollars in millions)30...

GlobalFoundries Reports Fourth Quarter 2024 and Fiscal Year 2024 Financial Results

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

MALTA, N.Y., Feb. 11, 2025 (GLOBE NEWSWIRE) — GlobalFoundries Inc. (GF) (Nasdaq: GFS) today announced preliminary financial results for the fourth quarter and fiscal year ended December 31, 2024. Key Fourth Quarter Financial HighlightsRevenue of $1.830 billion Gross margin of 24.5% and Non-IFRS gross margin(1) of 25.4% Operating margin of (38.3)% and Non-IFRS operating margin(1) of 15.6% Net loss of $729 million and Non-IFRS net income(1) of $256 million Diluted loss per share of $1.32 and Non-IFRS diluted earnings per share of $0.46 Non-IFRS adjusted EBITDA(1) of $661 million Ending cash, cash equivalents and marketable securities of $4.2 billion Net cash provided by operating activities of $457 million and Non-IFRS adjusted free cash flow(1) of $328 millionKey Full Year 2024 Financial HighlightsRevenue of $6.750 billion Gross...

Orion Reports Improved Q3’25 Gross Margin of 29.4% (+490 bps), Reduced Net Loss, Break-even Adjusted EBITDA and Improved Cash and Liquidity on Revenue of $19.6M; Reduces FY 2025 Revenue Outlook

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

MANITOWOC, Wis., Feb. 11, 2025 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc.(NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reported results for its fiscal 2025 third quarter (Q3’25) and nine months (YTD’25) ended December 31, 2024 and updated its FY 2025 revenue outlook to $77M to $83M. Orion will hold an investor call today at 10:00 a.m. ET – details below.Q3 Financial Summary Prior Three Quarters$ in millions except per share figures Q3’25 Q3’24 Change Q2’25 Q1’25 Q4’24LED Lighting Revenue $13.2 $18.5 -29% $10.8 $12.8 $16.3 EV Charging Revenue $2.4 $2.8 -13% $4.7 $3.8 $4.9 Maintenance Revenue $3.9 $4.6 -15% $3.8 $3.3 $5.2 Total Revenue $19.6 $26.0 $(6.4) $19.4 $19.9 $26.4 Gross...

Royalty Pharma Reports Q4 and Full Year 2024 Results

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

Portfolio Receipts of $742 million in Q4 2024 and $2,801 million for FY 2024 Royalty Receipts growth of 12% in Q4 2024 and 13% for FY 2024 Net cash provided by operating activities of $743 million in Q4 2024 and $2,769 million for FY 2024 Full year 2025 guidance: Portfolio Receipts expected to be $2,900 to $3,050 million excluding future transactionsNEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — Royalty Pharma plc (Nasdaq: RPRX) today reported financial results for the fourth quarter and full year 2024 and introduced full year 2025 guidance for Portfolio Receipts. “We had an incredibly successful 2024, delivering double-digit growth in Royalty Receipts, which was significantly above our initial guidance, and deploying $2.8 billion of capital on value-enhancing royalties” said Pablo Legorreta, Royalty Pharma’s founder and Chief...

Form 8.3 – [ALLIANCE PHARMA PLC – 10 02 2025] – (CGWL)

Written by Customer Service on February 11, 2025. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree ALLIANCE PHARMA PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position held/dealing...

ECARX to Power Launch of First Hongqi Model Under Strategic Partnership with FAW, Debuting AutoGPT with DeepSeek-R1 Integration

Written by Customer Service on February 11, 2025. Posted in Public Companies.

SHANGHAI, Feb. 11, 2025 (GLOBE NEWSWIRE) — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced that the first intelligent cockpit jointly developed under its strategic partnership with FAW Group Co., Ltd. (“FAW Group”), China’s leading automaker, will debut in the Hongqi Tiangong 05 all-electric sedan, which has been launched in January. This marks a significant milestone in the deepening strategic partnership signed in April 2024 with FAW Group to develop next-generation intelligent cockpits for its premium Hongqi brand of vehicles. The Tiangong 05’s intelligent cockpit will be powered by ECARX’s Antora 1000 Pro computing platform and come integrated with customized Hongqi FAW OS on top of ECARX Cloudpeak and the recently upgraded ECARX AutoGPT in-vehicle AI large model...

Calibre Expands Mineralization to Surface at Frank Zone, Up-Plunge of 2024 Results at the Valentine Gold Mine, Newfoundland & Labrador, Canada; Drilling Intercepts Include 3.08 g/t Gold over 48.2 Metres, 1.62 g/t Gold over 44.6 metres, 1.94 g/t Gold over 36.4 Metres and 3.47 g/t Gold over 12.6 metres; New Discovery Frank Zone Now Traced Over 1 Kilometre Along Strike and 500 Metres Deep

Written by Customer Service on February 11, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 11, 2025 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce additional discovery diamond drill results from its expanded 100,000 metre drill program at the Valentine Gold Mine (“Valentine”) located in Newfoundland & Labrador, Canada. Previous drilling (see news release dated November 25, 2024) highlights the considerable prospectivity to the southwest of the Leprechaun Pit at the Frank Zone. New drill results reveal shallow, broad zones of continuous mineralization, expanding the volume of high-grade gold intercepts to surface. These results align with previously released high-grade trenching and grab sample data. All results discussed in this release are well outside of known mineral resources. Highlights...

Liberty Gold Announces Intention to Spin-Out Goldstrike/Antimony Ridge Project, Southwest Utah to Create a New U.S. Strategic Metals Company

Written by Customer Service on February 11, 2025. Posted in Public Companies.

New Discovery of A Third High-Grade Surface Zone at Antimony Ridge with Sample Grades +3% Sb; Mineralized Horizon Strike Length Now Exceeds 2 kilometres in Outcrop, with Soil Geochemical Anomalies over a 5-kilometre Zone VANCOUVER, British Columbia, Feb. 11, 2025 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce the discovery of a third zone of high-grade antimony mineralization at Antimony Ridge. As a result, the Company intends to “spin-out” the Goldstrike Project with the Antimony Ridge discovery into a separate entity. This creates for shareholders, an interest in both Liberty Gold, moving Black Pine Oxide Gold through permitting into production and in “NewCo”, a new United States (“U.S.”) strategic metal focussed exploration & development company initially...

Adeia Renews Multi-Year IP License Agreement with Fetch TV

Written by Customer Service on February 11, 2025. Posted in Public Companies.

SAN JOSE, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — Adeia Inc. (Nasdaq: ADEA), the company whose innovations shape the way the world explores and experiences entertainment, today announced that Fetch TV, an Australian digital entertainment platform, has renewed a multi-year agreement to license Adeia’s media intellectual property (IP) portfolio. “As consumer demand for digital entertainment services in Australia continues to grow, platforms like Fetch TV are integrating the latest innovations to ensure viewers have seamless access to a vast selection of high-quality entertainment experiences. This renewal with Fetch TV further confirms the value and relevance of Adeia’s intellectual property in Australia’s vibrant home entertainment market,” said Dr. Mark Kokes, Adeia’s chief licensing officer...

Calfrac Well Services Ltd. 2024 Fourth Quarter Earnings Release, Conference Call and Webcast

Written by Customer Service on February 11, 2025. Posted in Public Companies.

CALGARY, Alberta, Feb. 11, 2025 (GLOBE NEWSWIRE) — Calfrac Well Services Ltd. (“Calfrac”) (TSX:CFW) intends to release its 2024 fourth quarter results before the market opens on Thursday, March 13, 2025, and has scheduled a conference call to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day. Financial Statements and Management’s Discussion and Analysis will be posted onto Calfrac’s website and on SEDAR+ after the press release has been disseminated. A webcast of the conference call can be accessed through the link below: https://onlinexperiences.com/Launch/QReg/ShowUUID=DE553537-723A-44F8-837E-F9A9689F3C2F&LangLocaleID=1033 A replay of the conference call will also be available on Calfrac’s website for at least 90 days. To participate in the Q&A session, you may dial-in (toll free) 1-800-717-1738 (or at 1-646-307-1865...

Month: February 2025

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