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Day: March 13, 2025

Cellectar Biosciences Reports Financial Results for Year Ended 2024 and Provides a Corporate Update

Achieves alignment with U.S. Food and Drug Administration (FDA) on regulatory path for potential accelerated approval of iopofosine I 131 as a treatment for Waldenström macroglobulinemia (WM) Evaluating timing for Phase 1 solid tumor studies; Auger-emitting radioconjugate prepared for Phase 1b; plans to submit an IND for alpha-emitting radioconjugate; Company to host webcast and conference call at 8:30 AM ET today FLORHAM PARK, N.J., March 13, 2025 (GLOBE NEWSWIRE) — Cellectar Biosciences, Inc. (NASDAQ: CLRB), a late-stage clinical biopharmaceutical company focused on the discovery, development, and commercialization of drugs for the treatment of cancer, today announced financial results for the year ended December 31, 2024, and provided a corporate update. “In 2024 the company showcased the efficacy and safety of iopofosine I...

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United Development Funding IV Announces Pre-Closing Cash Distribution Prior to Ready Capital Merger Closing

IRVING, Texas, March 13, 2025 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV”) announced today that on March 4, 2025, its board of trustees authorized a cash distribution of $2.3785 per share payable on or around March 13, 2025, to shareholders of record at the close of business on March 4, 2025, or approximately $73 million in the aggregate. This distribution is contemplated by the merger agreement between UDF IV and Ready Capital Corporation (NYSE: RC). Including the approximately $2 million distribution paid by UDF IV to shareholders in December 2024, this distribution brings the total amount distributed to shareholders since the announcement of the merger to the maximum $75 million in distributions permitted by the merger agreement. The merger is expected to close shortly after the payment of the distribution, subject...

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Aveanna Healthcare Holdings Announces Fourth Quarter and Full Year 2024 Financial Results and 2025 Outlook

Fourth Quarter Revenue was $519.9 million, an 8.6% increase over the prior year periodGross margin increased 15.7% to $171.7 million compared to Q4 2023Fourth Quarter Net income was $29.2 million compared to net loss of $25.7 million for the comparable prior year periodAdjusted Net income was $11.1 million, an increase of $14.3 million compared to Q4 2023Adjusted EBITDA for Q4 2024 was $55.2 million, a 42.8% increase as compared to Q4 2023 Full Year 2025 Revenue guidance between $2.10 – $2.12 billionFull Year 2025 Adjusted EBITDA guidance between $190 – $194 millionATLANTA, March 13, 2025 (GLOBE NEWSWIRE) — Aveanna Healthcare Holdings Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced financial...

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Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter Ended December 31, 2024

WILLIAMSBURG, Va., March 13, 2025 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported its consolidated results for the fourth quarter and year ended December 31, 2024. The Company’s results include the following*:  Three Months Ended     Years Ended    December 31, 2024     December 31, 2023     December 31, 2024     December 31, 2023    ($ in thousands except per share data)     ($ in thousands except per share data)  Total revenues $ 43,952     $ 42,148     $ 181,894     $ 173,838  Net (loss) income   (1,118 )     (770 )     1,180       3,810  Net loss attributable to common stockholders   (3,034 )     (2,683 )     (6,675 )     (4,036 )                       EBITDA   9,383       8,490       40,883       39,079  Hotel...

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AC Immune Reports Full Year 2024 Financial Results and Provides a Corporate Update

AC Immune Reports Full Year 2024 Financial Results and Provides a Corporate UpdateLandmark exclusive option and license deal with Takeda for ACI-24.060 with $100 million upfront and additional potential milestones of up to about $2.1 billion plus royalties on sales upon commercialization ACI-24.060 ABATE Phase 1b/2 trial showed encouraging interim safety and tolerability data in Down syndrome (DS) cohort; further interim results in Alzheimer’s disease (AD) and DS expected in 2025 Enrollment progress in JNJ-2056 (ACI-35.030) ReTain Phase 2b trial in preclinical AD patients triggered second milestone payment of CHF 24.6 million; JNJ-2056 granted U.S. FDA Fast Track Designation in AD ACI-7104.056 VacSYn Phase 2 trial demonstrated positive interim safety and immunogenicity results in Parkinson’s disease (PD); further interim results in H1...

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U.S. Energy Corp. Reports Financial and Operating Results for Full Year and Fourth Quarter 2024

HOUSTON, March 13, 2025 (GLOBE NEWSWIRE) — U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, today reported financial and operating results for the fourth quarter and year ended December 31, 2024. FULL YEAR 2024 HIGHLIGHTSContinued the divestment of legacy non-core assets during 2024, generating $13.5 million in net sales proceeds used for development of the Company’s industrial gas project in Montana, debt repayment, and accelerated shareholder returns program. Total daily production in 2024 averaged 1,136 Boe/d; oil production averaged 702 Bbl/d. Revenue totaled $20.6 million with oil sales of $18.2 million and natural gas and liquids sales of $2.5 million. Lease operating expense of $11.2 million,...

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Xunlei Announces Unaudited Fourth Quarter and Full Year 2024 Financial Results

SHENZHEN, China, March 13, 2025 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights:Total revenues were US$84.3 million, representing an increase of 9.3% year-over-year.Subscription revenues were US$34.4 million, representing an increase of 9.0% year-over-year.Cloud computing revenues were US$22.7 million, representing a decrease of 25.6% year-over-year. Live-streaming and other internet value-added services (“Live-streaming and other IVAS”) revenues were US$27.2 million, representing an increase of 80.7% year-over-year.Gross profit was US$43.6...

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Calfrac Reports Fourth Quarter 2024 Results

CALGARY, Alberta, March 13, 2025 (GLOBE NEWSWIRE) — Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) announces its financial and operating results for the three months and year ended December 31, 2024. The following press release should be read in conjunction with the management’s discussion and analysis and annual consolidated financial statements and notes thereto as at December 31, 2024. Readers should also refer to the “Forward-looking statements” legal advisory and the section regarding “Non-GAAP Measures” at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about Calfrac is available on the SEDAR+ website at www.sedarplus.ca, including the Company’s Annual Information Form for the year ended December 31,...

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Metagenomi Announces Publication in Nature Communications on Large Gene Integration Advances Using Novel, Compact CRISPR-associated transposase (CAST) Systems

Achieved targeted integration of a large, therapeutically relevant gene into the genome of human cells with compact CAST system AI-driven metagenomics platform facilitated discovery of CAST system with activity in human cells Expression of the compact CAST system from a single ‘all-in-one’ mRNA design represents a first-in-class approach to simplifying delivery for therapeutic applications Additional updates on further advancements in novel large gene integration technology anticipated in 2025 EMERYVILLE, Calif., March 13, 2025 (GLOBE NEWSWIRE) — Metagenomi, Inc. (Nasdaq: MGX), a precision genetic medicines company committed to developing curative therapeutics for patients using its proprietary gene editing toolbox, today announced a publication in the journal Nature Communications describing its novel, compact CAST...

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Aktia’s Annual Report 2024 published

Aktia Bank PlcStock Exchange Release 13 March 2025 at 12.15 p.m. Aktia’s Annual Report 2024 published Aktia has today published its Annual Report 2024. The Annual Report comprises Aktia’s Annual review, the report by the Board of Directors, the financial statements, and the corporate governance report. Aktia’s sustainability report is included in the report by the Board of Directors. Aktia has also published the risk report (Pillar III Report) and the remuneration report at the same time. All documents are available on the company website www.aktia.com under Investors > Reports & presentations. The report by the Board of Directors, the financial statements, corporate governance report and remuneration report are available in Finnish, Swedish and English. Aktia’s Annual review and Pillar III Report are available in...

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