Month: February 2025

Tandy Leather Factory Reports Fourth Quarter and Full Year 2024 Results

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

FORT WORTH, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the fourth fiscal quarter and full year 2024. Highlights from 2024:Revenues were $74.4 million, down 2.4% from 2023 Generated operating income of $0.6 million Net income of $0.8 million, down from $3.8 million in 2023 Gross margins of 56.2%, down from 59.2% in 2023 Operating expenses $41.2 million, up 1.0% from 2023 Adjusted EBITDA* of $2.6 million Ended year with $13.3 million of cash and cash equivalentsTandy Leather Factory’s fourth quarter sales were $20.5 million in 2024, down from $20.8 million in 2023. Fourth quarter 2024 gross profit was $10.8 million, down from $11.5 million in 2023. As of December 31, 2024, the Company held $13.3 million of cash and cash equivalents, up...

Element Reports Fourth Quarter and Record 2024 Financial Results; Reaffirms Full-Year 2025 Guidance

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

Amounts in US$ unless otherwise noted Record 2024 net revenue of $1.1 billion driving record adjusted operating income, adjusted earnings per share and adjusted free cash flow per share Record performance in 2024 underpinned by an 18% year-over-year increase in services revenue, and a 9% year-over-year increase in net financing revenue associated with higher net earning assets Strong performance allowed for acceleration of strategic investments to position us for future success while delivering full-year adjusted operating margins within guidance range Robust client demand, strong and growing pipeline, and a high-recurring-revenue business model, combined with the benefits of investments made in 2024, to drive continued growth across key financial metrics Reaffirming 2025 guidance for net revenue growth of 6.5 to 8.5%,...

SEACOR Marine Announces Fourth Quarter 2024 Results

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

HOUSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced results for its fourth quarter ended December 31, 2024. SEACOR Marine’s consolidated operating revenues for the fourth quarter of 2024 were $69.8 million, operating income was $10.6 million, and direct vessel profit (“DVP”)(1) was $23.1 million. This compares to consolidated operating revenues of $73.1 million, operating income of $22.6 million, and DVP of $29.8 million in the fourth quarter of 2023, and consolidated operating revenues of $68.9 million, operating loss of $6.5 million, and DVP of $16.0 million in the third quarter of 2024. Notable fourth quarter items include:4.5% decrease...

NewtekOne, Inc. Reports Full Year 2024 Earnings of $1.97 per Basic and $1.96 per Diluted Common Share

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

Raises Full Year 2025 Earnings Forecast Range to $2.10 to $2.50 per Basic and Diluted Common Share BOCA RATON, Fla., Feb. 26, 2025 (GLOBE NEWSWIRE) — NewtekOne, Inc. (Nasdaq: NEWT) reports its financial and operating results for the three and twelve months ended December 31, 2024. NewtekOne Financial Highlights for the Three Months Ended December 31, 2024Net income was $18.3 million and earnings per share (“EPS”) was $0.70 per basic and $0.69 per diluted common share, for the three months ended December 31, 2024; a 55.6% increase, on a per share basis, compared to $11.9 million and $0.45 per basic and diluted common share for the three months ended September 30, 2024, and a 62.8% increase, on a per share basis, compared to $10.8 million and $0.43 per basic and diluted common share for the three months ended December 31, 2023. Net...

Kneat Achieves Record Revenue for Fourth Quarter and Full Year 2024

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

LIMERICK, Ireland, Feb. 26, 2025 (GLOBE NEWSWIRE) — kneat.com, inc. (TSX: KSI) (OTC: KSIOF) (“Kneat” or the “Company”) a leader in digitizing and automating validation and quality processes, today announced financial results for the three- and twelve-month periods ended December 31, 2024. All dollar amounts are presented in Canadian dollars unless otherwise stated.Total revenue reaches $13.7 million in the fourth quarter, an increase of 40% year over year Fourth-quarter gross profit grew 48% year over year to $10.4 million Annual Recurring Revenue (ARR)1 at December 31, 2024, reaches $59.7 million, an increase of 60% year over year“Our sustained revenue growth, expanding margins and solid traction across all areas of Validation demonstrate the durability of our business model. With companies throughout the Life Sciences adopting...

DIRTT Reports Fourth Quarter 2024 Financial Results

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

CALGARY, Alberta, Feb. 26, 2025 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, today announced its financial results for the three and twelve months ended December 31, 2024. All financial information in this news release is presented in U.S. dollars, unless otherwise stated. Fourth Quarter 2024 Highlights and Recent DevelopmentsRevenue of $48.9 million, a decrease of $2.0 million or 4% from the same period in 2023, and a $5.5 million or 13% increase from the third quarter of 2024. Our annual revenue of $174.3 million was in line with the expected guidance range of $165–$175 million provided in the second quarter of 2024.Gross profit and gross profit margin improved to $17.5 million or 35.9% of revenue...

Urgently Announces Capital Structure Improvements and Secures up to $20 Million in New Financing

Written by Customer Service on February 26, 2025. Posted in Public Companies.

Additional capital structure improvements and financing will support business growth initiatives VIENNA, Va., Feb. 26, 2025 (GLOBE NEWSWIRE) — Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, announced today that it has reached an agreement with its lenders resulting in significant capital structure improvements. Urgently has entered into a new credit agreement for an asset-based revolving credit facility for up to $20 million with MidCap Financial, which will be used to repay existing indebtedness to its first lien lenders and to help the Company advance its mission to transform the legacy roadside assistance market and to develop and define the new market for connected mobility assistance services for automotive, insurance, fleet, logistics,...

Kimco Realty® Management to Present at the Citi 2025 Global Property CEO Conference

Written by Customer Service on February 26, 2025. Posted in Public Companies.

JERICHO, N.Y., Feb. 26, 2025 (GLOBE NEWSWIRE) — Kimco Realty® (NYSE: KIM) announced today that its management will present at the Citi 2025 Global Property CEO Conference on Monday, March 3, 2025. Event: Kimco Realty® Management Presentation When: Monday, March 3, 2025, from 7:30 AM – 8:05 AM, ET Live Webcast: Kimco Realty Management to Present at Citi Conference A replay of the webcast will be available 12 hours after the conclusion of the live event until March 2, 2026, at the above link. About Kimco Realty® Kimco Realty® (NYSE: KIM) is a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States. The company’s portfolio is strategically concentrated in the first-ring suburbs of the top major metropolitan markets,...

WSP Reports Strong Results and Successfully Concludes Strategic Cycle

Written by Customer Service on February 26, 2025. Posted in Dividend Reports And Estimates.

Strong year end results surpassing Management’s expectations on growth and profitability Mid- to high-single-digit net revenue organic growth(4) in the 2022-2024 strategic cycle Q4 2024 results exceeding expectations driven by high level of net revenue organic growth Strong free cash flow(2) generation Robust balance sheet supporting continued growth aspirations Well positioned to implement 2025-2027 Global Strategic Action PlanMONTREAL, Feb. 26, 2025 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading professional services firms, today announced financial results for the fourth quarter and year ended December 31, 2024. Fourth quarters ended Years ended(in millions of dollars, except percentages, per share data, DSO and ratios) December 31, 2024 December 31,...

InterDigital Honors Innovation Leaders Martino Freda and Philippe Bordes as 2025 Inventors of the Year

Written by Customer Service on February 26, 2025. Posted in Public Companies.

Martino and Philippe are celebrated for outstanding innovations contributing to evolutions in device communications and improved video delivery WILMINGTON, Del., Feb. 26, 2025 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, annually honors the company’s outstanding inventors for the ingenuity and impact of their innovation. This year, InterDigital named Martino Freda and Philippe Bordes as winners of the 2025 Inventor of the Year award, recognizing their future-looking and foundational contributions to wireless communication, video codecs and delivery protocols that continue to shape the ways we communicate, experience new content, and unlock new services. Celebrating the cornerstones of InterDigital’s innovation, the Inventor of the Year award recognizes...

Month: February 2025

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