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Day: March 4, 2025

NeuroPace Reports Fourth Quarter and Full Year 2024 Financial Results

— Record quarterly revenue of $21.5 million in Q4 2024 — — Full-year 2025 revenue guidance of $92 to $96 million — — Completed an underwritten public offering of $74.8 million, using $49.5 million of the net proceeds to repurchase 100% of KCK holdings and $20.2 million to strengthen its balance sheet to support planned operations to reach cash flow breakeven — — Management scheduled to host a conference call today at 4:30 p.m. ET — MOUNTAIN VIEW, Calif., March 04, 2025 (GLOBE NEWSWIRE) — NeuroPace, Inc. (Nasdaq: NPCE), a medical device company focused on transforming the lives of people living with epilepsy, today reported financial results for the fourth quarter and full year ended December 31, 2024, and provided a corporate update. Recent HighlightsQuarterly revenue grew 19% year-over-year...

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Latham Group, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results and Provides 2025 Guidance

 Latham’s In-Ground Pool Sales Outperformed the U.S. Pool Market in 2024 Driven by Fiberglass Share Gains and Increased Adoption of Automatic Safety Covers Year-on-Year Margin Expansion Reflects Lower Cost Structure and Cost Discipline Amid Ongoing Investments to Drive Future Growth Full Year Operating Cash Flow of $61 Million; Year-End Cash Balance of $56 Million after $86 Million of Acquisition Payments and Debt Paydowns 2025 Guidance Anticipates 8% Sales Growth and 19% Growth in Adjusted EBITDA at the MidpointsFourth Quarter 2024 Financial Highlights:Net sales of $87.3 million Net loss of $29.2 million / Net loss per diluted share of $0.25 Adjusted EBITDA of $3.6 million / 4.2% of Net salesFull Year 2024 Financial Highlights:Net sales of $508.5 million Net loss of $17.9 million / Net loss per diluted share of $0.15 Adjusted...

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Flutter Entertainment Reports Fourth Quarter 2024 Financial Results

NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — Flutter Entertainment (NYSE:FLUT; LSE:FLTR), the world’s leading online sports betting and iGaming operator, announces Q4 and full year 2024 results and introduces 2025 guidance. Key financial highlights:In $ millions except where stated otherwiseThree months ended December 31 Fiscal year ended December 312024   2023   YOY 2024   2023   YOY             Average monthly players (AMPs) (‘000s)1 14,605   13,588   +7 % 13,898   12,325   +13 %Revenue 3,792   3,313   +14 % 14,048   11,790   +19 %Net income (loss) 156   (902 ) +117 % 162   (1,211 ) +113 %Net income (loss) margin 4.1 % (27.2 )% +3,130bps  1.2 % (10.3 )% +1,150bps Adjusted EBITDA2,3 655   632   +4 % 2,357   1,875   +26 %Adjusted EBITDA Margin2 17.3 % 19.1 % (180)bps  16.8 % 15.9 % +90bps Earnings...

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OrthoPediatrics Corp. Reports Fourth Quarter and Full Year 2024 Financial Results

Record full year 2024 revenue of $204.7 million increased 38% compared to prior year, and more than doubled fourth quarter 2024 adjusted EBITDA WARSAW, Ind., March 04, 2025 (GLOBE NEWSWIRE) — OrthoPediatrics Corp. (“OrthoPediatrics” or the “Company”) (Nasdaq: KIDS), a company focused exclusively on advancing the field of pediatric orthopedics, announced today its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter and Full Year 2024 & Recent Business HighlightsHelped a new record of over 34,000 children in the fourth quarter 2024 and approximately 138,000 for full year 2024, bringing the total to over 1.14 million since the inception of OrthoPediatrics          Generated total revenue of $52.7 million for fourth quarter 2024, up 40% from $37.6 million in fourth quarter 2023; domestic...

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Eos Energy Enterprises Meets 2024 Revised Revenue Guidance and Reports Fourth Quarter & Full-Year 2024 Financial Results; Reaffirms 2025 Revenue Guidance

Achieved Cerberus third tranche of operational performance milestones and secured final $40.5 million to fully fund $210.5 million Delayed Draw Term Loan Closed $303.5 million loan guaranteed by the U.S. Department of Energy’s Loan Programs Office and secured first funding of $68.3 million Secured $8 million standalone BESS order for Naval Base of San Diego to advance American energy independence Grew customer orders backlog to $682 million, a 28% increase year over year Launched Factory 2 Works with eight states responding to Requests for Proposals and multiple sites now shortlisted Reiterates 2025 full-year revenue guidance range of $150 million – $190 million Strengthened executive leadership, appointed current Chief Financial Officer, Nathan Kroeker to Chief Commercial Officer; welcomed new Chief Financial Officer, Eric Javidi,...

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Medallion Financial Corp. Reports 2024 Fourth Quarter and Full-Year Results

NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, announced today its results for the quarter and full-year ended December 31, 2024. 2024 Fourth Quarter HighlightsNet income was $10.1 million, or $0.43 per share, compared to $14.3 million, or $0.60 per share, in the prior year quarter, and included $1.3 million of taxi medallion recoveries in the current quarter compared to $12.5 million in the prior year quarter. Net interest income grew 6% to $52.0 million from $49.0 million in the prior year quarter. Net interest margin on net loans was 8.15%, compared to 8.50% in the prior...

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Nokia Corporation: Repurchase of own shares on 04.03.2025

Nokia CorporationStock Exchange Release4 March 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 04.03.2025 Espoo, Finland – On 4 March 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 2,620,152 4.76CEUX 1,073,651 4.75BATE – –AQEU 100,000 4.75TQEX – –Total 3,793,803 4.76* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR),...

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Absci Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

VANCOUVER, Wash. and NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — Absci Corporation (Nasdaq: ABSI), a data-first generative AI drug creation company, today announced that on March 3, 2025, the company granted a non-statutory stock option to purchase an aggregate of 162,800 shares of its common stock to one newly-hired non-executive employee. The inducement grant was previously approved by the Compensation Committee of Absci’s Board of Directors pursuant to Absci’s 2023 Inducement Plan (the “Inducement Plan”), and is being made as an inducement material to the new employee’s acceptance of employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4). The stock option award has an exercise price of $3.42 per share, the closing price of Absci’s common stock on the Nasdaq Global Select Market on March 3, 2025 the (“Grant...

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Diginex Limited to Ring the Nasdaq Closing Bell on March 5, 2025

Celebrating a Major Milestone in Sustainability focused RegTech LONDON, March 04, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex Limited” or the “Company”) (Nasdaq: DGNX), an impact technology company specializing in environmental, social, and governance (ESG) issues, announced today that it will ring the Nasdaq Closing Bell on Wednesday, March 5, 2025, marking a key milestone following its successful listing in January 2025. Diginex Limited’s Chairman and Founder, Miles Pelham, will lead the ceremony, joined by members of the board of directors, executive leadership, business partners, key advisors, and other stakeholders who have been instrumental in the Company’s success. “Ringing the Nasdaq Closing Bell is a momentous occasion for Diginex Limited as we continue expanding our presence in the sustainability focused RegTech...

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Comscore Reports Fourth Quarter and Full Year 2024 Results

RESTON, Va., March 04, 2025 (GLOBE NEWSWIRE) — Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today reported financial results for the fourth quarter and full year ended December 31, 2024. FY 2024 Financial HighlightsRevenue for 2024 was $356.0 million compared to $371.3 million in 2023 Net loss of $60.2 million compared to $79.4 million in 2023, resulting primarily from non-cash goodwill impairment charges of $63.0 million and $78.2 million, respectively Adjusted EBITDA1 of $42.4 million compared to $44.0 million in 2023 FX adjusted EBITDA of $40.9 million compared to $46.9 million in 2023 Cash, cash equivalents and restricted cash of $33.5 million versus $22.9 million as of December 31, 2023Q4 2024 Financial HighlightsRevenue for the fourth quarter was $94.9...

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