Month: March 2025

MariMed Completes Acquisition of First State Compassion, Strengthening Market Position in Delaware

Written by Customer Service on March 3, 2025. Posted in Mergers And Acquisitions.

NORWOOD, Mass., March 03, 2025 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed,” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator, announced today it has completed its acquisition of First State Compassion Center (“FSCC”), the leading cannabis operator in Delaware, in accordance with the terms of the previously announced Omnibus Agreement entered into with FSCC in July 2023. The acquisition integrates FSCC’s cultivation and processing facilities, and two dispensaries into MariMed’s fully vertical operations, further enhancing the Company’s revenue and profitability. The approval of MariMed to become the owner of FSCC was facilitated by the state permitting FSCC to transition from a not-for-profit to a for-profit business. The timing is ideal for MariMed, as Delaware is expected to commence adult-use...

Plug Power Announces Continued Cash Flow Improvement and Progress on Path to Profitability

Written by Customer Service on March 3, 2025. Posted in Earnings Releases And Operating Results.

SLINGERLANDS, N.Y., March 03, 2025 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a global leader in the hydrogen economy, today provided an update on its strategic and operational progress and path to profitability. This past year of 2024 marked a pivotal commercial inflection point for Plug as the Company advanced its hydrogen generation platform and scaled new product offerings, such as its electrolyzer solutions. Commensurate with these strategic initiatives driving the commercial inflection point, and in response to evolving market conditions, Plug took decisive steps in 2024 to improve margins and cash flows by optimizing operations, streamlining its workforce, consolidating facilities, increasing pricing on certain offerings, reducing working capital, and reprioritizing certain hydrogen and new product investments. These...

Guggenheim Investments Announces March 2025 Closed-End Fund Distributions

Written by Customer Service on March 3, 2025. Posted in Dividend Reports And Estimates.

NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”).The following dates apply to the distributions:Record Date March 14, 2025Ex-Dividend Date March 14, 2025Payable Date March 31, 2025Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from Previous Distribution FrequencyAVK Advent Convertible and Income Fund $0.1172† MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573† MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821† MonthlyGUG Guggenheim Active Allocation Fund $0.11875† Monthly† A portion...

Investor Webinar: Telix Therapeutics Urology Showcase and Expert Forum

Written by Customer Service on March 3, 2025. Posted in Public Companies.

MELBOURNE, Australia and INDIANAPOLIS, March 04, 2025 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Nasdaq: TLX, Telix, the Company) invites investors to join a webinar showcasing the Company’s late-stage and next-generation radiotherapeutic candidates in urologic oncology. In this education session, Telix and global key opinion leaders will provide an overview on the development of its therapeutic candidates in prostate and kidney cancers:Neeraj Agarwal, MD, Professor of Medicine and Presidential Endowed Chair of Cancer Research at Huntsman Cancer Institute in Salt Lake City, UT, will discuss the ProstACT Global Phase 3 trial of TLX591 (177Lu rosopatamab tetraxetan), Telix’s lead radio antibody-drug conjugate (rADC) therapy candidate in prostate cancer. Eric Jonasch, MD, Professor of Medicine in the Department...

W&T Offshore Announces Fourth Quarter and Full Year 2024 Results Including Year-End 2024 Proved Reserves, Provides Guidance for 2025 and Declares Dividend for First Quarter of 2025

Written by Customer Service on March 3, 2025. Posted in Dividend Reports And Estimates.

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company” or “us”) today reported operational and financial results for the fourth quarter and full year 2024, including the Company’s year-end 2024 reserve report. Detailed guidance for the first quarter of 2025 and full year 2025 was also provided, and W&T announced its dividend for the first quarter of 2025. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow, Net Debt and PV-10 which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under “Non-GAAP Information.” Key highlights for the fourth quarter of 2024, the full year 2024 and since year end 2024 include:Delivered production in full year 2024 of 33.3 thousand...

FG Communities Completes 42nd Manufactured Housing Acquisition with Community in Taylorsville

Written by Customer Service on March 3, 2025. Posted in Mergers And Acquisitions.

Acquisition adds fourth location in Taylorsville and further solidifies presence in region MOORESVILLE, N.C., March 03, 2025 (GLOBE NEWSWIRE) — FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce its most recent acquisition in Taylorsville, North Carolina. This is FG Communities’s fourth acquisition in Taylorsville and is near other portfolio communities in Statesville, Morganton, Hickory, Conover, and Claremont. Residents of the park can reach Lake Norman, the largest lake in North Carolina, in just over 30 minutes. The lake has over 520 miles of shoreline and is known for outdoor recreation including boating, fishing, hiking, and biking. The Lake Norman area has experienced rapid expansion, with the population of some lake...

Emergent BioSolutions Reports Fourth Quarter and Full Year 2024 Financial Results

Written by Customer Service on March 3, 2025. Posted in Earnings Releases And Operating Results.

Fourth Quarter 2024 Total Revenues of $194.7 million; Full Year 2024 Total Revenues of $1.04 billion Fourth Quarter 2024 Net Loss of $31.3 million, decrease in Net Loss of 37% versus prior year Fourth Quarter 2024 Adjusted EBITDA of $21.0 million, increase of 518% versus prior year Full Year 2024 Adjusted EBITDA of $183.1 million, compares favorably to a loss of $22.3 million in 2023 Guiding to 2025 Adjusted EBITDA of $150 – $200 million and improved gross marginsGAITHERSBURG, Md., March 03, 2025 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) today reported financial results for the quarter and year ended December 31, 2024. “As we close out 2024, I’m proud to share we delivered favorable full-year financial results driven by our core products, all the while, completing a series of strategic stabilization...

Exodus Reports Fourth Quarter and Full Year 2024 Results, Provides Preliminary First Quarter 2025 Highlights

Written by Customer Service on March 3, 2025. Posted in Earnings Releases And Operating Results.

Full Year 2024 Revenue of $116 million OMAHA, Neb., March 03, 2025 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”), a leading self-custodial cryptocurrency platform, today announced its preliminary results for the fourth quarter and full year ended December 31, 2024. The Company reported preliminary full year revenue of $116.3 million for fiscal 2024, an increase of 107% compared to fiscal 2023. Preliminary Fourth Quarter and Full Year 2024 Financial Highlights (Unaudited) In USD millions, except percentages Q4 2024 Q4 2023 % Change 2024 2023 % ChangeRevenue $ 44.8 $ 18.5 143% $ 116.3 $ 56.2 107%Gain on digital assets, net 56.9 1.1 4,866% 96.1 1.4 6,616% “In the fourth quarter, in...

Earlyworks Co., Ltd. Reports Financial and Operational Performance for the Six Months Ended October 31, 2024

Written by Customer Service on March 3, 2025. Posted in Earnings Releases And Operating Results.

TOKYO, March 03, 2025 (GLOBE NEWSWIRE) — Earlyworks Co., Ltd. (NASDAQ: ELWS) (the “Company”), a Japanese provider of blockchain technology solutions, today announced its financial results for the six months ended October 31, 2024. For the six months ended October 31, 2024, the Company’s revenue increased by approximately JPY 170,039 thousand, gross profit increased by approximately JPY 81,193 thousand and net loss decreased by approximately JPY 74,789 thousand, as compared to the same period in 2023. Management Commentary In July 2023, the Company was successfully listed on Nasdaq. After years of research and development aimed at improving the applicability for blockchain technology, we completed the development of our proprietary blockchain platform, the “Grid Ledger System (GLS),” in December 2023. The GLS has been acknowledged...

Whitestone REIT Reports Fourth Quarter and Full Year 2024 Results

Written by Customer Service on March 3, 2025. Posted in Earnings Releases And Operating Results.

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the fourth quarter and full year of 2024. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in some of the largest, fastest-growing, high-household-income markets in the Sunbelt. For the three months ended December 31, 2024 and 2023, Net income attributable to common shareholders per diluted share was $0.33 and $0.03, respectively. For the full year 2024 and 2023, Net income attributable to common shareholders per diluted share was $0.72 and $0.38, respectively. “We are pleased to report strong fourth quarter and full year operating and financial results, highlighted...

Month: March 2025

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