Day: March 25, 2025

ECD Auto Design Reports Third Quarter 2024 Financial Results; Revenues Increase 30% to $6.4 Million

Written by Customer Service on March 25, 2025. Posted in Earnings Releases And Operating Results.

Year-To-Date Revenue Growth of 35% and Gross Profit dollars increased 69%; Continued Execution of Growth Strategy to Increase Product Line Up and Fill the Factory KISSIMMEE, Fla., March 25, 2025 (GLOBE NEWSWIRE) — ECD Automotive Design, Inc. (Nasdaq: ECDA) (“ECD” or the “Company”), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs, announced today its financial results for the third quarter and year-to-date ended September 30, 2024. Financial results and comparisons are based on re-stated numbers for 2023 and the first half of 2024. Third Quarter 2024 HighlightsRevenues increased 30% to $6.4 million in the third quarter of 2024, compared to $5.0 million in the same year-ago quarter. Growth was...

Farmers & Merchants Bancorp, Inc. Declares 2025 First-Quarter Cash Dividend

Written by Customer Service on March 25, 2025. Posted in Dividend Reports And Estimates.

ARCHBOLD, Ohio, March 25, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp, Inc., (Nasdaq: FMAO) the holding company of F&M Bank, with total assets of $3.36 billion at December 31, 2024, today announced that it has approved the Company’s quarterly cash dividend of $0.22125 per share. The first-quarter dividend is payable on April 20, 2025, to shareholders of record as of April 4, 2025. About Farmers & Merchants State Bank:Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) is the holding company of F&M Bank, a local independent community bank that has been serving its communities since 1897. F&M Bank provides commercial banking, retail banking and other financial services. Our locations are in Butler, Champaign, Fulton, Defiance, Hancock, Henry, Lucas, Shelby, Williams, and...

CISO Global Announces Pay Off of Highest-Interest Debt, Extends $7M in Convertible Notes

Written by Customer Service on March 25, 2025. Posted in Public Companies.

Scottsdale, Ariz., March 25, 2025 (GLOBE NEWSWIRE) — CISO Global, Inc. (NASDAQ: CISO), an industry leader in AI-powered cybersecurity software, managed cybersecurity, and compliance, announced it has successfully paid off its highest-interest loans as part of its ongoing efforts to strengthen its balance sheet and improve operational efficiency. To further financial stability, CISO Global has also secured extensions on convertible notes totaling $7 million. These notes are held by long-standing partners with close relationships with the company, reflecting continued confidence in the long-term vision and stability of the business. “Clearing the company’s highest-interest debt removes a significant obstacle to our growth,” said Deb Smith, Chief Financial Officer of CISO Global. “With this burden lifted, we’ve improved our cash flow,...

Bicara Therapeutics Announces Upcoming Presentations at AACR Annual Meeting 2025

Written by Customer Service on March 25, 2025. Posted in Public Companies.

BOSTON, March 25, 2025 (GLOBE NEWSWIRE) — Bicara Therapeutics Inc. (Nasdaq: BCAX), a clinical-stage biopharmaceutical company committed to bringing transformative bifunctional therapies to patients with solid tumors, today announced that three abstracts relating to the company’s lead product candidate, ficerafusp alfa, will be presented at the American Association for Cancer Research (AACR) Annual Meeting 2025, which will be held from April 25-30, 2025 in Chicago, IL. Ficerafusp alfa is a first-in-class bifunctional antibody that combines two clinically validated targets: an epidermal growth factor receptor (EGFR) directed monoclonal antibody with a domain that binds to human transforming growth factor beta (TGF-β) and is being evaluated across multiple solid tumor types. Details of the poster presentations are as follows: Title:...

Worthington Enterprises Reports Third Quarter Fiscal 2025 Results

Written by Customer Service on March 25, 2025. Posted in Earnings Releases And Operating Results.

COLUMBUS, Ohio, March 25, 2025 (GLOBE NEWSWIRE) — Worthington Enterprises Inc. (NYSE: WOR), a market-leading designer and manufacturer of innovative products and solutions that serve customers in the building products and consumer products end markets, today reported results for its fiscal 2025 third quarter ended February 28, 2025. Third Quarter Highlights (all comparisons to the third quarter of fiscal 2024):Net sales were $304.5 million, a decrease of 4%, reflecting the deconsolidation of the former Sustainable Energy Solutions segment (“SES”), partially offset by volume growth and contributions from the Ragasco business acquired in the first quarter of fiscal 2025. Earnings before income taxes increased 30% to $52.6 million, while adjusted EBITDA from continuing operations grew 10% to $73.8 million. Earnings per share (“EPS”)...

ARMOUR Residential REIT, Inc. Announces Guidance for April 2025 Dividend Rate Per Common Share

Written by Customer Service on March 25, 2025. Posted in Dividend Reports And Estimates.

VERO BEACH, Florida, March 25, 2025 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on the April 2025 cash dividend for the Company’s Common Stock of $0.24 per Common share. April 2025 Common Stock Dividend InformationMonth Dividend Holder of Record Date Payment DateApril 2025 $0.24 April 15, 2025 April 29, 2025Certain Tax MattersARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined...

Artesian Resources Corporation Reports 2024 Year-End Earnings and Fourth Quarter Results

Written by Customer Service on March 25, 2025. Posted in Earnings Releases And Operating Results.

NEWARK, Del., March 25, 2025 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider on the Delmarva Peninsula of water and wastewater services, and a number of other related business services, today announced earnings results for the fourth quarter and year ended December 31, 2024. “I am pleased to report improved earnings in 2024 as we remain focused on critical investments in infrastructure and managing costs,” stated President and CEO, Nicholle Taylor. “In 2024 alone we invested $45.9 million in infrastructure, as we remain committed to providing customers with water and wastewater systems that are resilient and protective of public health and the environment.” Year-End Results Net income for the year ended December 31, 2024 was $20.4 million, a $3.7 million, or 22.1%, increase compared to net...

Amplify Provides Additional Information on Acquisition of Assets from Juniper Capital

Written by Customer Service on March 25, 2025. Posted in Mergers And Acquisitions.

HOUSTON, March 25, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify” or the “Company”) today posted a new presentation on its website, providing additional information on its previously announced definitive agreement to acquire Juniper Capital’s upstream Rocky Mountain portfolio companies. The presentation, which can be found on the Company’s investor relations page of its website at https://www.amplifyenergy.com/Amplify-Rockies-Transaction-Highlights/, details the expected financial and diversification benefits of the merger and how it is expected to enhance Amplify’s ability to generate long-term shareholder value. Key highlights include:Free cash flow and value accretion:2025 free cash flow per share projected to increase from $0.50 per share to greater than $0.70 per share1 Total proved reserve value...

Climb Bio Reports Fourth Quarter and Year-End 2024 Financial Results and Provides Business Updates

Written by Customer Service on March 25, 2025. Posted in Earnings Releases And Operating Results.

Received Clearance from the U.S. Food and Drug Administration (FDA) for Clinical Trials of Budoprutug in Primary Membranous Nephropathy (pMN), Immune Thrombocytopenia (ITP), and Systemic Lupus Erythematosus (SLE) Completed Studies to Support Process Optimization through Cell Line Switch for Budoprutug and Filed Additional Patent Applications to Further Strengthen Intellectual Property Position Expanded Pipeline to Include CLYM116, an Anti-APRIL (A PRoliferation-Inducing Ligand) Monoclonal Antibody for Treatment of IgA Nephropathy (IgAN) Appointed Perrin Wilson, Ph.D. as Chief Business Officer Ended 2024 in a Strong Financial Position, with Cash Runway Expected Through 2027 WELLESLEY HILLS, Mass., March 25, 2025 (GLOBE NEWSWIRE) — Climb Bio, Inc. (Nasdaq: CLYM), a clinical stage biotechnology company developing therapeutics for...

Regeneron to Report First Quarter 2025 Financial and Operating Results and Host Conference Call and Webcast on April 29, 2025

Written by Customer Service on March 25, 2025. Posted in Earnings Releases And Operating Results.

TARRYTOWN, N.Y., March 25, 2025 (GLOBE NEWSWIRE) — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that it will report its first quarter 2025 financial and operating results on Tuesday, April 29, 2025, before the U.S. financial markets open. The Company will host a conference call and simultaneous webcast at 8:30 AM Eastern Time that day. Conference Call Information Participants may access the conference call live via webcast on the ’Investors and Media’ page of Regeneron’s website at https://investor.regeneron.com. To participate via telephone, please register in advance at this link. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be used to access the...

Day: March 25, 2025

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