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Month: March 2025

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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Marquette National Corporation Reports 2024 Annual Results

CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) — Marquette National Corporation (OTCQX: MNAT) today reported net income of $17.1 million for the year ended December 31, 2024, compared to net income of $16.1 million for the year ended December 31, 2023. The Company recorded earnings per share of $3.91 for 2024 as compared to earnings of $3.69 per share for the year ended December 31, 2023. At December 31, 2024, total assets were $2.208 billion, an increase of $66 million, or 3%, compared to $2.142 billion at December 31, 2023. Total loans decreased by $19.3 million, to $1.405 billion compared to $1.425 billion at the end of 2023. Total deposits increased by $30.0 million, or 2%, to $1.740 billion compared to $1.710 billion at the end of 2023. Paul M. McCarthy, Chairman & CEO, said, “the primary reason for the increase in consolidated...

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BAWAG Group hosts Investor Day and announces new targets for 2027

BAWAG Group today hosts its second Investor Day following our IPO in October 2017. After over seven years as a public company, we are taking stock on what we have achieved to date and more importantly focusing on how we have positioned our franchise for growth. Following our transformation over the past decade, BAWAG Group today ranks among the most profitable and efficient banks in Europe, with the financial strength to support our customers and local communities. We have already delivered all our medium-term financial targets laid out in 2021. The team takes a great deal of pride in delivering on our commitments, but we also recognize there is much more ahead. For our Investor Day, we are outlining a new set of medium-term financial targets. By 2027, we plan to generate over €2.7 billion net profit from 2025 through 2027, with net profit...

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Ljósleiðarinn strengthens infrastructure and fortifies operations

The Board of Ljósleiðarinn ehf. approved the company’s annual financial statements for 2024 at its meeting today. The results show that operating revenues increased to approximately ISK 5.67 billion, and operating profit (EBITDA) rose year-on-year, reflecting greater internal strengthening and growing demand for powerful fiber-optic connections. Equity at the end of the year amounted to ISK 14.55 billion, providing an equity ratio of 36.2%.“The year 2024 was a milestone for Ljósleiðarinn. We were determined to further develop our robust telecommunications infrastructure, and that work is already yielding a stronger position and increased revenues. For instance, we see operating profit up by ISK 300 million from the previous year. At Ljósleiðarinn, we want to be a leading force in telecommunications in this country,” says Einar Þórarinsson,...

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Compass Lexecon Expands Presence in Italy with Rome Office

ROME, March 04, 2025 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) subsidiary Compass Lexecon today announced the expansion of its presence in Italy with a new office in Rome. The office, co-headed by Executive Vice President and Co-Head of EMEA Lorenzo Coppi and Vice President Martina Caldana will strengthen the firm’s client service capabilities nationwide. Both Mr. Coppi and Ms. Caldana are internationally recognised as leaders in the field of competition economics. Mr. Coppi is recognised as a Global Thought Leader in Competition Economics and an Arbitration Expert Witness and Energy Expert by Lexology. Ms. Caldana is recognised as a Global Elite Thought Leader in Competition Economics in Lexology’s Under 45 category. Commenting on the new office, Mr. Coppi said, “We are excited to expand our footprint in Italy and provide...

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