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Month: February 2025

Beta Bionics to Announce Fourth Quarter and Full Year 2024 Financial Results on March 25, 2025

IRVINE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) — Beta Bionics, Inc. (Nasdaq: BBNX), a pioneering leader in the development of advanced diabetes management solutions, today announced that it plans to release its fourth quarter and full year 2024 financial results after the financial markets close on Tuesday, March 25, 2025. Management will host a conference call and concurrent webcast on the same day at 4:30 pm Eastern Time (1:30 pm Pacific Time), to review the company’s fourth quarter and full year 2024 performance. The link to the webcast will be available on the Company’s website in the “Investors—Events & Presentations” section at https://investors.betabionics.com, and will be archived there for future replay. To access the live call by phone, please use the following link, which will provide you with dial-in details and...

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Tecnoglass Reports Record Fourth Quarter and Full Year 2024 Results

– Full Year Revenues Increased 6.8% to a Record $890.2 Million Through Entirely Organic Growth, Including Geographical Expansion and Entry into Attractive Vinyl Market – – Full Year Single-Family Residential Revenue Grew to a Record $372.1 Million, Up 10.9% Year-Over-Year – – Full Year Net Income of $161.3 Million, or $3.43 Per Diluted Share; Full Year Adjusted Net Income1 of $171.6 Million, or $3.65 Per Diluted Share – – Full Year Adjusted EBITDA1 of $275.8 Million, Representing 31.0% of Revenues – – Full Year Gross Profit of $380.0 Million, Representing 42.7% of Revenues – – All-Time High Quarterly and Full Year Cash Flow from Operations of $61.1 Million and $170.5 Million Respectively, Representing 61.8% of Adjusted EBITDA1 for the Year – – All-Time Low Net...

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Dragonfly Energy Announces Corporate Debt Restructuring and Capital Raise

Debt Restructuring with Maturity Extension and Covenant WaiverConcurrent $3.5 Million Capital Raise With Second Contingent Tranche of $4.5 MillionTransactions Significantly Increase Financial Flexibility and Liquidity RENO, Nev., Feb. 27, 2025 (GLOBE NEWSWIRE) — Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and battery technology, today announced the completion of an amendment of its existing debt facility and a concurrent $3.5 million registered direct offering and private placement of the Company’s Series A Convertible Preferred Stock (the “Preferred Stock”) with a single institutional investor, with a second contingent tranche of $4.5 million, subject to satisfaction of certain events as described below, which the Company believes significantly enhance...

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Cassava Sciences Licenses Simufilam Method of Treatment Patent

Cassava enters into a license agreement with Yale University granting intellectual property rights, including rights to an issued US method of treatment patent for potential treatment with simufilam of seizures related to rare neurodevelopmental disordersThe licensed patent is based on research led by Yale University and published in Science Translational Medicine showing that treatment with simufilam appeared to meaningfully reduce seizure frequency in an animal modelCassava will prioritize initial development efforts on tuberous sclerosis complex (TSC)-related seizuresAUSTIN, Texas, Feb. 27, 2025 (GLOBE NEWSWIRE) —  Cassava Sciences, Inc. (NASDAQ: SAVA, “Cassava”, the “Company”), a clinical-stage biotechnology company focused on developing novel, investigational treatments for central nervous system (CNS) disorders, today...

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Amicus Therapeutics to Present at Upcoming Investor Conferences in March 2025

PRINCETON, N.J., Feb. 27, 2025 (GLOBE NEWSWIRE) — Amicus Therapeutics (Nasdaq: FOLD) today announced that management will participate in upcoming presentations at the following investor conferences in March.TD Cowen 45th Annual Health Care Conference in Boston, MA, on Tuesday, March 4, 2025, at 9:50 a.m. ET Leerink Partners 2025 Global Healthcare Conference in Miami, FL, on Monday, March 10, 2025, at 10:00 a.m. ETA live audio webcast of each presentation can also be accessed via the investors section of the Amicus Therapeutics corporate website at https://ir.amicusrx.com/events-and-presentations. About Amicus Therapeutics Amicus Therapeutics (Nasdaq: FOLD) is a global, patient-dedicated biotechnology company focused on discovering, developing and delivering novel high-quality medicines for people living with rare diseases....

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Ligand Reports Fourth Quarter and Full Year 2024 Financial Results

Robust financial performance driven by full year 2024 royalty revenue growth of 28% Reiterating 2025 financial guidance of $180-$200 million in revenues and adjusted earnings per diluted share1 of $6.00-$6.25 Conference call and webcast at 8:30 a.m. Eastern time today JUPITER, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) — Ligand Pharmaceuticals Incorporated (Nasdaq: LGND) today reported financial results for the three and twelve months ended December 31, 2024, and provided an operating forecast and business update. Ligand management will host a conference call and webcast today beginning at 8:30 a.m. Eastern time to discuss this announcement and answer questions. “We achieved significant revenue growth in 2024 driven by strong momentum across our major commercial programs,” said Todd Davis, CEO of Ligand. “Three of our portfolio products...

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ADT Reports Fourth Quarter and Full Year 2024 Results

Strong full year earnings growth; GAAP EPS up 40%, Adjusted EPS up 25% GAAP operating cash flows up 14%, Adjusted Free Cash Flow including interest rate swaps up 42% Record recurring monthly revenue and customer retention Returned $423 million to shareholders and continued leverage reduction Maintaining momentum into 2025 with strong cash flow and new $500 million share repurchase plan BOCA RATON, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today reported results for the fourth quarter and full year of 2024. Financial highlights for the fourth quarter and full year are below with variances on a year-over-year basis unless otherwise noted. Results of the former commercial and solar segments are presented as discontinued operations, except for cash...

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Blue Moon Metals Closes Norwegian Acquisitions, and Announces the Appointment of Skott Mealer as President and COO and Theodore Veligrakis as VP Exploration

TORONTO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Blue Moon Metals Inc. (“Blue Moon”) (TSXV: MOON), Nussir ASA (“Nussir”) and Nye Sulitjelma Gruver AS (“NSG”) are pleased to announce the successful completion of their previously announced transactions (the “Acquisitions”). On closing, Blue Moon acquired 93.55% of the issued and outstanding shares of Nussir (with support of 99.7% shareholders being obtained) and 100% of the issued and outstanding shares of NSG (see November 27, 2024 and December 19, 2024 press releases). In connection with the completion of the Acquisitions, the escrow release conditions of the Subscription Receipts (as defined below) have been satisfied, and the Subscription Receipts have been automatically converted into common shares of Blue Moon (the “Blue Moon Shares”). There are 451,015,886 Blue Moon Shares issued...

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Euroseas Ltd. Reports Results for the Year and Quarter Ended December 31, 2024

MAROUSSI, Greece and ATHENS, Greece, Feb. 27, 2025 (GLOBE NEWSWIRE) — Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, reported the following results for the three-month period and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights:Total net revenues of $53.3 million. Net income of $24.4 million or $3.51 and $3.49 earnings per share basic and diluted, respectively. Adjusted net income1 for the period was $23.3 million or $3.35 and $3.33 per share basic and diluted. An average of 23.0 vessels were owned and operated during the fourth quarter of 2024 earning an average time charter equivalent rate of $26,479 per day. Declared a quarterly dividend of $0.65 per share for the fourth...

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Teleflex Reports Fourth Quarter and Full Year 2024 Financial Results

WAYNE, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) — Teleflex Incorporated (NYSE: TFX) (the “Company”) today announced financial results for the fourth quarter ended December 31, 2024. Fourth quarter financial summaryRevenues of $795.4 million, up 2.8% compared to the prior year period, up 3.2% on an adjusted constant currency basisGAAP diluted EPS from continuing operations of $(2.95), compared to $0.66 in the prior year periodAdjusted diluted EPS from continuing operations of $3.89, compared to $3.38 in the prior year periodFull year 2024 financial summaryGAAP revenue of $3,047.3 million, up 2.4% compared to the prior year periodAdjusted revenue of $3,061.1 million, excluding the impact from increases in our reserves related to the Italian payback measure pertaining to prior years, up 2.9% compared to the prior year period,...

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