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Day: March 11, 2025

Jeffs’ Brands Enters Into a Definitive Agreement to Acquire a U.S. Company that Operates a U.S. Based Logistics Center, aiming to Advance its Growth Strategy, for $2.6 million

The company to be acquired operates an approximately 100,000 square foot logistics facility equipped with 20 loading docks situated near the third largest port in the United States and will also enable Jeffs’ Brands to provide services to third parties. Tel Aviv, Israel, March 11, 2025 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that the Company and its wholly-owned subsidiary, Smart Repair Pro, has entered on March 10, 2025 into a definitive agreement (the “Agreement”) to acquire Pure NJ Logistics LLC (“Pure Logistics”), a company that operates a strategically located approximately 100,000 square foot logistics center equipped with 20 loading docks in New Jersey. The acquisition is anticipated...

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First Watch Restaurant Group, Inc. Reports 2024 Financial Results and Provides Outlook for 2025

Total revenues of $1.0 billion, up 13.9% and System-wide sales of $1.2 billion, up 7.4% Income from operations margin of 3.9% and Restaurant level operating profit margin of 20.1% Net income of $18.9 million and Adjusted EBITDA of $113.8 million 50 system-wide restaurants opened across 19 statesBRADENTON, Fla., March 11, 2025 (GLOBE NEWSWIRE) — First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today reported financial results for the thirteen weeks ended December 29, 2024 (“Q4 2024”) and the 52-week fiscal year ended December 29, 2024 (“2024”) compared to the fourteen weeks ended December 31, 2023 (“Q4 2023”) and the 53-week fiscal year ended December 31, 2023 (“2023”) and provided an outlook for the 52-week fiscal year...

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Werewolf Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update

– Full enrollment in cutaneous melanoma dose-expansion arms of Phase 1/1b clinical trial evaluating WTX-124 as monotherapy and in combination with pembrolizumab expected by the end of the first half and the second half of 2025, respectively – – Plan to meet with the FDA in the second half of 2025 to discuss potential registrational pathways for both monotherapy and combination therapy for WTX-124 in select indications – – Interim data from Phase 1/1b clinical trial of WTX-124 as monotherapy and in combination with pembrolizumab anticipated to be released in the fourth quarter of 2025 – – On track to initiate Phase 1/2 dose– and regimen-finding clinical trial of WTX-330 by the end of the first quarter of 2025 – WATERTOWN, Mass., March 11, 2025 (GLOBE NEWSWIRE) — Werewolf Therapeutics, Inc. (the “Company” or “Werewolf”) (Nasdaq:...

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Legend Biotech Reports Fourth Quarter and Full Year 2024 Results and Recent Highlights

CARVYKTI® net trade sales of approximately $334 million and $963 million for the fourth quarter and full year 2024, respectively Over 5,000 patients treated to date Initiated commercial production of CARVYKTI® at a Novartis production facility Spain’s national health system approved reimbursement for CARVYKTI® in second-line plus settings for multiple myeloma patients Cash and cash equivalents, and time deposits of $1.1 billion, as of December 31, 2024, which Legend Biotech believes will provide financial runway into the second quarter of fiscal year 2026SOMERSET, N.J., March 11, 2025 (GLOBE NEWSWIRE) — Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today reported financial results for the fourth quarter and year ended December 31, 2024, and key corporate highlights. “We are...

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Rapport Therapeutics Reports Fourth Quarter and Full Year 2024 Financial Results and Provides Business Update

Results of positron emission tomography (PET) trial and second multiple ascending dose (MAD-2) trial support RAP-219’s transformative potential for epilepsy and other central nervous system (CNS) disorders Continued momentum in the Phase 2a trial of RAP-219 in patients with refractory focal epilepsy, with topline results expected in the third quarter of 2025 Expect to initiate a Phase 2a trial in patients with bipolar mania in the third quarter of 2025, with topline results expected in the first half of 2027  Appointed recognized translational and clinical drug development leader, Jeffrey Sevigny, M.D., as chief medical officer  Ended the year with $305.3 million in cash, cash equivalents, and short-term investments, excluding restricted cash, which is expected to fund operations through the end of 2026BOSTON and SAN DIEGO,...

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ECARX Announces Fourth Quarter and Full Year 2024 Unaudited Financial Results

SHANGHAI, March 11, 2025 (GLOBE NEWSWIRE) — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter and full year ended December 31, 2024. Ziyu Shen, ECARX Chairman and CEO, commented, “2024 was a remarkable year for ECARX, marked by significant milestones and progress across our business. We continued to execute on our strategic vision, further strengthening the unique value proposition we offer global automakers who are seeking cutting-edge, cost-effective solutions to distinguish themselves from the competition. We are capitalizing on this growing demand with our innovative product portfolio, diverse customer base, and strategic global partnerships. This is clearly reflected in our strong performance for full year 2024, with revenue...

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Gauzy Ltd. Announces Record Fourth Quarter and Full Year 2024 Results

Delivers Fourth Quarter Revenue Growth of 41.8% Driven by Broad-Based Strength Across All Segments Narrows Adjusted Net Loss for the Quarter, Continuing Path to Improved Profitability Delivers on Goal to Produce First Ever Quarter of Positive Adjusted EBITDA in the Fourth Quarter Full-year Sales Surpassed $100 Million, Backed by over 80% of Sales from Recurring Customers Introduces 10-year Committed and Contracted Backlog, Reflecting Accelerating Long-Term Demand Across Segments Initiates 2025 Guidance of Healthy Double-digit Revenue Growth and First Ever Full Year of Positive Adjusted EBITDA TEL AVIV, Israel and NEW YORK, March 11, 2025 (GLOBE NEWSWIRE) — Gauzy Ltd. (Nasdaq: GAUZ) (“Gauzy” or the “Company”), a global leader of vision and light control technologies, today announced financial results for the fourth quarter and full...

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BrainsWay Reports Fourth Quarter and Full Year 2024 Financial Results and Operational Highlights

Achieved record quarterly sales of $11.4 million in Q4 2024, an increase of 27% compared with Q4 2023 Full year 2024 revenue increased nearly 30% YoY to $41 million Exceeded full year 2024 operating income and Adjusted EBITDA margin guidance Company expects continued strong growth in 2025, with revenue of $49 million to $51 million and further improvement in profit and profitability Conference call to be held today at 8:30 AM ET BURLINGTON, Mass. and JERUSALEM, March 11, 2025 (GLOBE NEWSWIRE) — BrainsWay Ltd. (NASDAQ & TASE: BWAY) (“BrainsWay” or the “Company”), a global leader in advanced noninvasive neurostimulation treatments for mental health disorders, today reported fourth quarter and full year 2024 financial results and provided an operational update. Fourth Quarter 2024 Financial and Operational HighlightsAchieved...

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KANZHUN LIMITED Announces Fourth Quarter and Full Year 2024 Financial Results

BEIJING, March 11, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter and full year ended December 31, 2024. Fourth Quarter and Full Year 2024 HighlightsTotal paid enterprise customers1 in the twelve months ended December 31, 2024 were 6.1 million, an increase of 17.3% from 5.2 million in the twelve months ended December 31, 2023. Average monthly active users (MAU)2 for the fourth quarter of 2024 were 52.7 million, an increase of 27.9% from 41.2 million for the same quarter of 2023. Average MAU for the full year of 2024 were 53.0 million, an increase of 25.3% from 42.3 million for the full year of 2023.Revenues for the fourth quarter of 2024 were RMB1,823.6 million...

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Endeavour Silver Announces Q4 2024 Financial Results; Earnings Call at 10AM PDT (1PM EDT) Today

VANCOUVER, British Columbia, March 11, 2025 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) announces its financial and operating results for the three months and the year ended December 31, 2024. All dollar amounts are in US dollars (US$). “The Company achieved strong financial results in 2024, maintaining a solid balance sheet,” said CEO Dan Dickson. “Higher realized prices fueled robust revenue, with mine operating cash flow reaching $72.3 million. With the Terronera project nearing completion and Pitarrilla progressing toward an economic assessment, we are well-positioned for sustained growth and value creation”. 2024 HighlightsProduction at the Higher end of the Updated 2024 Guidance: Production hit the higher end of the revised guidance of 7.3 to 7.6 million AgEq...

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