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Month: March 2025

Steelcase Reports Fourth Quarter and Fiscal 2025 Results

Fourth quarter results compared to prior year:Orders grew 9%, driven by 12% broad-based growth in the Americas Gross margin improved 70 basis pointsFiscal 2025 results:Orders grew 4%, driven by 6% growth in the Americas compared to prior year Gross margin improved 110 basis points compared to prior year, including benefits from cost reduction initiatives Operating income margin reached 5.0%, an improvement of 130 basis points compared to the prior year Adjusted earnings per share exceeded company targets Returned $84 million to shareholders Total liquidity strengthened by $73 millionCompany provides financial targets for fiscal 2026 of mid-single digit organic revenue growth and modest adjusted operating margin expansionGRAND RAPIDS, Mich., March 26, 2025 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported...

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Dyadic Reports 2024 Year-End Financial Results and Business Updates

Strong revenue performance, including approximately $1.9 million milestone and license revenue recognized in 2024 Up to $7.5 million in grants awarded from CEPI and Gates Foundation intended to accelerate the C1 platform development timeline to manufacture vaccines and antibodies faster at a lower cost Growth in commercial pipelines with multiple products nearing market launch, including Human Serum Albumin and DNASe1 Expanded alternative protein portfolio with six additional life science products in development for research, nutritional, and cell culture media applications Continued advancements in animal and human health Cash and investment-grade securities of $9.3 million as of December 31, 2024 Financial results and business update conference call scheduled for 5:00 pm ET todayJUPITER, Fla., March 26, 2025 (GLOBE NEWSWIRE) —...

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Usio Announces Improved Profitability; Fourth Quarter GAAP Earnings of $0.02 per share and Full Year GAAP Earnings of $0.12 per share

Full Year Revenues up in each of ACH & Complementary Services, Card and Output Solutions Business Units Record Full Year 2024 Dollar Processing Volume of $7.1 Billion, a 33% Increase Compared to Fiscal 2023; Transactions Processed also up a Strong 26% Year-over-Year Cash Position Increases to Record High of $8.1 Million SAN ANTONIO, March 26, 2025 (GLOBE NEWSWIRE) — Usio, Inc: (Nasdaq: USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the fourth quarter and year ended December 31, 2024. Louis Hoch, Chairman and Chief Executive Officer of Usio, said, “We are delivering on our commitments as profitability improved, cash flow was strong, and revenue grew in each of our ACH & Complementary Services,...

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Nkarta Reports Fourth Quarter and Full Year 2024 Financial Results and Corporate Highlights

Differentiated development program includes two Nkarta clinical trials and two investigator-sponsored trials of NKX019 in rheumatic and neurological diseases Initial data for NKX019 in multiple autoimmune indications expected in second half of 2025 Restructuring and workforce reduction of 34% (53 positions), including freezing of some future hires, to extend cash runway by more than one year to enable clinical milestones while having ample cash runway following the realization of those milestones Cash balance of $380.5 million on December 31, 2024, including cash, cash equivalents and investments, expected to fund operations into 2029SOUTH SAN FRANCISCO, Calif., March 26, 2025 (GLOBE NEWSWIRE) — Nkarta, Inc. (Nasdaq: NKTX), a clinical-stage biopharmaceutical company developing engineered natural killer (NK) cell therapies, today...

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Journey Medical Corporation Reports Full-Year 2024 Financial Results and Recent Corporate Highlights

FDA Approval of Emrosi™ (40 mg Minocycline Hydrochloride Modified-Release Capsules) for Rosacea Emrosi Initial Distribution Ongoing; First Prescriptions Filled Total Revenues for the Full Year Ended December 31, 2024 were $56.1 million Met All Financial Guidance for 2024 Emrosi Phase 3 Clinical Trial Results Published in JAMA Dermatology Company to Hold Conference Call Today at 4:30 p.m. ET SCOTTSDALE, Ariz., March 26, 2025 (GLOBE NEWSWIRE) — Journey Medical Corporation (Nasdaq: DERM) (“Journey Medical” or “the Company”, “we”, or “our”), a commercial-stage pharmaceutical company that primarily focuses on the selling and marketing of U.S. Food and Drug Administration (“FDA”) approved prescription pharmaceutical products for the treatment of dermatological conditions, today announced financial results and recent corporate...

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Snail, Inc. Reports Fourth Quarter & Full Year 2024 Financial Results

CULVER CITY, Calif., March 26, 2025 (GLOBE NEWSWIRE) — Snail, Inc. (NASDAQ: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for its fourth quarter and full year ended December 31, 2024. Fourth Quarter & Full Year 2024 HighlightsARK: Survival Ascended. On October 25, 2023, the Company launched its flagship remake of the ARK franchise leveraging Unreal Engine 5’s stunning graphics and introduced a game-altering cross-platform modding system, ushering in a new era of creativity.ARK: Survival Ascended was ranked the top #1 selling game on Steam on launch day.   Since its launch, ARK: Survival Ascended sold 3.4 million units and has an average of 94,000 daily active users (“DAUs”) with a peak of 308,000 DAUs.ARK:...

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Development of the Annual General Meeting of the BANK of Greenland

Today, the BANK of Greenland held its Annual General Meeting in accordance with the Articles of Association and the previously published notice convening the meeting. The Annual General Meeting was attended by shareholders representing 1,165,411 votes, of which 544,852 votes were given by proxy to the Board of Directors and 90,246 votes were covered by instructions to holders of power of attorney.The Board of Directors’ Report on the Bank’s activities during the past yearThe Chairman of the Board of Directors Gunnar í Liða presented the Board of Directors’ report on the Bank’s activities during the past year. The report of the Board of Directors was noted. The Chairman’s report can be viewed on the Bank’s website at www.banken.gl. The minutes of the Annual General Meeting will also be published...

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American Rebel Beverage Pre-Launch Efforts and Launch Event at MAPS Air Museum with Tramonte Distributing of Ohio Leads to Record Breaking Initial Account Acquisition for American Rebel Light Beer

American Rebel Holdings IncAmerican Rebel Light BeerAmerican Rebel Beer Shatters Initial Account Acquisition Market Goals Nashville, TN, March 26, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), proudly reports a very successful launch event was held with its northeast Ohio distributor, Tramonte Distributing (tramontedistributing.com) at the MAPS Air Museum (mapsairmuseum.org) in North Canton, Ohio. Tramonte’s distribution territory covers a six-county region of northeast Ohio, including the city of Akron. This expansion marks a significant milestone...

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Implementation of the squeeze-out for the Neoen shares and bonds convertible into and/or exchangeable for new or existing Neoen shares

Paris, March 26, 2025 (GLOBE NEWSWIRE) — THIS DOCUMENT IS AN UNOFFICIAL ENGLISH-LANGUAGE TRANSLATION OF THE FRENCH LANGUAGE PRESS RELEASE WHICH WAS PUBLISHED BY THE OFFEROR ON 26 MARCH 2025. IN THE EVENT OF ANY DIFFERENCES BETWEEN THIS UNOFFICIAL ENGLISH LANGUAGE TRANSLATION AND THE OFFICIAL FRENCH LANGUAGE PRESS RELEASE, THE OFFICIAL FRENCH LANGUAGE PRESS RELEASE SHALL PREVAIL. PRESS RELEASE DATED 26 MARCH 2025 RELATING TO THE IMPLEMENTATION OF THE SQUEEZE-OUT for the Neoen shares and bonds convertible into and/or exchangeable for new or existing Neoen shares following the simplified tender offer initiated by Brookfield Renewable Holdings SAS AMOUNT OF INDEMNIFICATION:39.85 euros per share of Neoen103,562.501 euros per 2022 OCEANE of Neoen This press release (the “Press Release“) has been prepared by Brookfield Renewable...

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Vicor releases a DCM™ family of regulated 48V to 12V DC-DC converters

High density modules range in power levels from 750W up to 2kW ANDOVER, Mass., March 26, 2025 (GLOBE NEWSWIRE) — Vicor has released a new DCM family that supports 48V-centric power delivery networks with greater system efficiency and performance. The DCMs (DCM3717 and DCM3735) range in power levels from 750W up to 2kW and provide an industry-leading power density of 5kW/in3. Power system designers requiring scalable solutions can parallel devices for higher power capability.Vicor DCM3717 and DCM3735, non-isolated regulated 48V-12V converters ease the migration to 48V power delivery. (Download high res image) Learn more about the Vicor DCM3717 and DCM3735. Follow Vicor on Social MediaTwitter: @VicorPower »Vicor Corporation on LinkedIn » About Vicor CorporationVicor Corporation designs, develops, manufactures and markets modular...

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