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Day: March 4, 2025

CytoSorbents Postpones Earnings Release to Allow More Time to Complete Annual Audit Following the Passing of Corporate Controller

The Company reaffirms previously provided preliminary financial results for the quarter and full year ended December 31, 2024, and continues to expect regulatory decisions on DrugSorb™-ATR marketing applications in 2025 PRINCETON, N.J., March 04, 2025 (GLOBE NEWSWIRE) — CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification, today announced that it is postponing its previously announced earnings call scheduled for March 6, 2025 to allow more time to complete the annual financial audit following the recent passing of the Company’s Vice President and Corporate Controller from natural causes. The Company now expects to report fourth quarter and full year 2024 financial results after the market close on Tuesday,...

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Mobilicom and Aitech Partner to Deliver Aerospace and Defense-Grade Solutions for Next-Generation Autonomous AI-Driven UAS Platforms

Marks first partnership for roll-out of Mobilicom’s OS3 cybersecurity software to meet critical needs in rapidly evolving uncrewed aircraft systems (UAS) market  Mobilicom OS3 software and Aitech rugged computing systems offer high-performance solution for AI-driven UAS platforms to monitor, detect, alarm, and prevent security threats and malicious attacks Palo Alto, CA and Chatsworth, CA, March 04, 2025 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, and Aitech Systems, a global leader in rugged computing systems for mission critical environments, today announced a strategic partnership to deliver secure AI-driven autonomous computing solutions for aerospace and defense uncrewed aircraft systems (UAS). The collaboration leverages the strengths of...

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Fingrid Oyj’s Financial Statements Bulletin January–December 2024: The need for electricity transmission and grid connection continued to grow rapidly – Fingrid’s grid investments increased to a record level

Stock Exchange Release March 4, 2025 Fingrid’s consolidated financial statements have been drawn up in accordance with the International Financial Reporting Standards (IFRS). Unless otherwise indicated, the figures in parentheses refer to the same period of the previous year. The information published in this report is based on Fingrid’s audited financial statements for 2024, published in connection with this bulletin.The transmission reliability rate of Fingrid’s grid was high, at 99.9995 (99.99995) per cent. Electricity consumption in Finland grew to 82.7 (80.0) terawatt hours in 2024. The electricity consumed in Finland was clean, with an emission factor of 32 (40) gCO2/kWh. The company’s investments were at a record high. The company estimates that the gross capital expenditure in 2025–2028 will amount to roughly EUR 1.7 billion,...

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AutoZone 2nd Quarter Total Company Same Store Sales Increase 2.9%; Domestic Same Store Sales Increase 1.9%; EPS of $28.29

MEMPHIS, Tenn., March 04, 2025 (GLOBE NEWSWIRE) — AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.0 billion for its second quarter (12 weeks) ended February 15, 2025, an increase of 2.4% from the second quarter of fiscal 2024 (12 weeks). Same store sales, or sales for our domestic and international stores open at least one year, are as follows:      Constant Currency       Constant Currency  12 Weeks   12 Weeks*   24 Weeks   24 Weeks*               Domestic 1.9%   1.9%   1.0%   1.0%International (8.2%)   9.5%   (3.9%)   11.5%Total Company 0.5%   2.9%   0.4%   2.4%* Excludes impacts from fluctuations of foreign exchange rates.                     For the quarter, gross profit, as a percentage of sales, was flat to last year at 53.9%. Current year gross margin benefited from higher merchandise...

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OLAPLEX Reports Fourth Quarter and Fiscal Year 2024 Results

NEW YORK, NY, March 04, 2025 (GLOBE NEWSWIRE) — Olaplex Holdings, Inc. (NASDAQ: OLPX) (“OLAPLEX” or the “Company”) today announced financial results for the fourth quarter and fiscal year ended December 31, 2024. Amanda Baldwin, OLAPLEX’s Chief Executive Officer, commented: “I am pleased with our end to the year with our fourth quarter results ahead of the expectations we shared in November. During 2024 we laid a critical foundation for our business and brand transformation and I remain confident and optimistic about the strategies put in place as we step into a meaningful year ahead for the business.” For the fourth quarter of 2024 compared to the fourth quarter of 2023:Net sales decreased 9.8% to $100.7 million;By channel:Specialty Retail increased 5.7% to $28.8 million; Professional...

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Y-mAbs Reports Fourth Quarter 2024 Financial Results and Recent Corporate Developments

Reported Total Revenues of $26.5 million for the fourth quarter of 2024 and $87.7 million for the full year 2024 The Company established two business units in January 2025 aimed to accelerate the clinical development of its Radiopharmaceuticals Platform and optimize the commercial potential of DANYELZA Cash and cash equivalents of $67.2 million held as of December 31, 2024, reflects $11.4 million Total Annual Cash Investment in the full year 2024 Management announces Full Year 2025 guidance around Total Revenue, Operating Expenses, and Cash Investment and First Quarter 2025 guidance around Total Revenue The Company will host a conference call on Tuesday, March 4, 2025, at 8:00 a.m. ETNEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — Y-mAbs Therapeutics, Inc. (the “Company” or “Y-mAbs”) (Nasdaq: YMAB), a commercial-stage biopharmaceutical...

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CNH uses automation to boost productivity and sustainability at parts depot

Opera repackaging systemThe OPERA repackaging system at the Lebanon, Indiana (USA) parts depotCNH uses automation to boost productivity and sustainability at parts depot Basildon, March 4, 2025 On World Engineering Day CNH releases the first installment in its latest ‘A Sustainable Year’ series. The article “Engineers mastermind automation at a depot with many moving parts” looks at the impact of the AutoStore™ automation initiative at one of our North American parts depots in Lebanon, Indiana, USA. This 19-acre depot operates close to 24 hours a day, seven days a week, serving our global dealer network. As a key global depot, Lebanon must manage a wide range of spare parts for many different models across our portfolio. And every year, as we launch new machines, more new parts flow into its inventory to join existing...

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The subsidiary of Aktsiaselts Infortar development project in Laagri

Aktsiaselts Infortar holds a 90% shareholding in the subsidiary OÜ INF Saue, which owns a property located at Saue tee 10 in Laagri, covering an area of 76,879 m². OÜ INF Saue, as the lessor, has entered into a long-term lease agreement with Rimi Eesti Foods AS, under which the lessor has developed a logistics centre on the property with a net area of 24,745 m². The building was constructed by OÜ INF Ehitus and developed by Infortar, the building has now been handed over to the tenant, Rimi Eesti Foods AS. Infortar operates in seven countries, the company’s main fields of activity are maritime transport, energy and real estate. Infortar owns a 68.47% stake in Tallink Grupp, a 100% stake in Elenger Grupp and a versatile and modern real estate portfolio of approx. 141,000 m2. In addition to the three main areas of activity, Infortar...

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Radware to Host its Hackers Challenge in Peru

Hackers compete to breach protected applications, offering attendees first-hand cyber insights MAHWAH, N.J., March 04, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, announced it is holding its Hackers Challenge on March 13, 2025, in Lima, Peru at the Westin Lima Hotel and Convention Center. The flagship event, which brings together global security and technology experts from the private and public sector, will combine learning, collaboration and innovation to help companies solve their most pressing cybersecurity issues. According to Piero Garmendia, Radware’s regional manager for the South of Latin America region, “Radware’s Hackers Challenge offers organizations a unique opportunity to watch hackers in live action and then apply that...

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Esperion Reports Fourth Quarter and Full Year 2024 Financial Results

– FY24 Total Revenue Grew 186% Y/Y to $332.3 Million; FY24 U.S. Net Product Revenue Grew 48% Y/Y to $115.7 Million – –Q4 Total Revenue Grew 114% Y/Y to $69.1 Million; Q4 U.S. Net Product Revenue Grew 52% Y/Y to $31.6 Million – – Q4 Retail Prescription Equivalents Grew 45% Y/Y and 12% Q/Q – – Focused On Three Pillars for Building a Blockbuster Company: Continued Revenue Growth, Reaching Operating Profitability, and Portfolio Expansion/Pipeline Advancement – – Announces Development of Triple Combination Products with Bempedoic Acid in the U.S. – – Conference Call and Webcast Today at 8:00 a.m. ET – ANN ARBOR, Mich., March 04, 2025 (GLOBE NEWSWIRE) — Esperion (NASDAQ: ESPR) today reported financial results for the fourth quarter and full year ended December 31, 2024, and provided a business update. “The significant progress we and...

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