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Month: March 2025

Glass House Brands Reports Record Setting Fourth Quarter 2024 Financial Results

Full year net revenue was $200.9 million, a 25% increase year-over-year Fourth quarter revenue was $53.0 million, up 31% year-over-year reflecting over 20% growth in all three business segments Fourth quarter adjusted EBITDA was $9.0 million, up 139% year-over-year Biomass production was 165,074 pounds in the fourth quarter, up 60% year-over-year Fourth quarter cost per equivalent dry pound of production was $110, down from $121 per pound for the equivalent period last year Fourth quarter consolidated gross profit margin was 43%, compared to 45% in Q4 2023 Cash and restricted cash balance rose to $36.9 million on December 31, 2024, compared to $35.1 million on September 30, 2024 Conference call to be held today March 25, 2025, at 5:00 p.m. ETLONG BEACH, Calif. and TORONTO, March 25, 2025 (GLOBE NEWSWIRE) — Glass House Brands...

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GameStop Reports Fourth Quarter and Fiscal Year 2024 Results

GRAPEVINE, Texas, March 25, 2025 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the fourth quarter and fiscal year ended February 1, 2025. The Company’s consolidated financial statements, including GAAP and non-GAAP results, are below. The Company’s Form 10-K and supplemental information can be found at https://investor.gamestop.com. FOURTH QUARTER OVERVIEWNet sales were $1.283 billion for the fourth quarter, compared to $1.794 billion in the prior year’s fourth quarter. Selling, general and administrative (“SG&A”) expenses were $282.5 million for the fourth quarter, compared to $359.2 million in the prior year’s fourth quarter. Net income was $131.3 million for the fourth quarter, compared to net income of $63.1 million for the prior year’s fourth...

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Beta Bionics Announces Fourth Quarter and Full Year 2024 Financial Results and Introduces Annual Guidance for Full Year 2025

IRVINE, Calif., March 25, 2025 (GLOBE NEWSWIRE) — Beta Bionics, Inc. (Nasdaq: BBNX), a pioneering leader in the development of advanced diabetes management solutions, today reported its financial results for the quarter and year ended December 31, 2024 and introduced its annual guidance for the year ending December 31, 2025. Fourth Quarter 2024 Financial Highlights & Key MetricsNet sales of $20.4 million, up 145% compared to $8.4 million in the fourth quarter of 2023.Durable Medical Equipment (DME) channel net sales of $18.1 million, up 127% compared to $7.9 million in the fourth quarter of 2023. Pharmacy Benefit Plan (PBP) channel net sales of $2.4 million, up 491% compared to $0.4 million in the fourth quarter of 2023.Gross margin of 57.2%, down 344 basis points compared to 60.6% in the fourth quarter of 2023. Installed...

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Corvus Pharmaceuticals Provides Business Update and Reports Fourth Quarter and Full Year 2024 Financial Results

Soquelitinib Atopic Dermatitis Phase 1 Clinical Trial Data From Cohorts 1-3 anticipated to be Presented in May Initial Results From First Two Cohorts Supports Safety and Efficacy with Oral Agent and Novel Mechanism of Action Registration Phase 3 Clinical Trial of Soquelitinib in Peripheral T Cell Lymphoma (PTCL) Enrolling with Multiple Clinical Sites Open Conference call today at 4:30 p.m. ET / 1:30 p.m. PT SOUTH SAN FRANCISCO, Calif., March 25, 2025 (GLOBE NEWSWIRE) — Corvus Pharmaceuticals, Inc. (Corvus or the Company) (Nasdaq: CRVS), a clinical-stage biopharmaceutical company, today provided a business update and reported financial results for the fourth quarter and year ended December 31, 2024. “We continue to advance our selective ITK inhibitor, soquelitinib, in a range of diseases,” said Richard A. Miller, M.D., co-founder,...

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Quadravest Preferred Split Share ETF Financial Results to December 31, 2024

TORONTO, March 25, 2025 (GLOBE NEWSWIRE) — Quadravest Preferred Split Share ETF (“Preferred ETF”) announces that its annual financial statements and management report of fund performance for the period ended December 31, 2024 are now available at www.sedarplus.com and Preferred ETF’s website at www.quadravest.com. For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.quadravest.com.

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Announcing The Mosaic Company Foundation for Sustainable Food Systems

A Sharpened Focus on Farmer-led Initiatives for Boosting Yields, Improving Soil Health and Protecting Water Tampa, FL, March 25, 2025 (GLOBE NEWSWIRE) — The Mosaic Company Foundation today announced its re-launch as The Mosaic Company Foundation for Sustainable Food Systems. The Foundation brings together two decades of philanthropic work developing the practices, tools, and partnerships to advance sustainable agricultural practices in the United States, India, and Brazil.  “The Mosaic Company Foundation for Sustainable Food Systems shares The Mosaic Company’s mission of helping the world grow the food it needs. Feeding over 9 billion people requires resilient farmers and collaboration between private enterprises and farmers to achieve agricultural self-sufficiency,” said Ben Pratt, President of the Foundation. “Farmers care and...

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Toll Brothers Announces New Luxury Homes Coming Soon to Elyson Master Plan in Katy, Texas

KATY, Texas, March 25, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced its newest Houston-area luxury home community is coming soon to the Elyson master plan in Katy, Texas. Construction of the Sales Center and model homes is set to begin in summer 2025 and sales will start this fall. Toll Brothers at Elyson will include 340 new homes on 50-, 60-, and 70-foot-wide home sites. Home shoppers will be able to choose from 18 exquisite one- and two-story home designs ranging from 1,800 to 4,500+ square feet, with 3 to 6 bedrooms, 3 to 5.5 baths, and 2- to 4-car garages. Each home will be built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known. Toll Brothers homes in the Elyson master plan will be priced from the mid-$400,000s. Toll Brothers...

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Toll Brothers Announces Opening of New Painted Prairie Community in Aurora, Colorado

New Toll Brothers Model Homes are Now Open for Tours AURORA, Colo., March 25, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, announced the grand opening of its Toll Brothers at Painted Prairie community located in the award-winning Painted Prairie master plan in Aurora, Colorado. The Toll Brothers Sales Center and two new model homes, the Lupine and Redstem, are now open at 6274 North Killarney Street in Aurora. Blending urban-style convenience with the ease of a master-planned lifestyle, Toll Brothers at Painted Prairie is a vibrant new community of luxury townhomes ideally situated within Aurora. Featuring full access to Painted Prairie’s exquisite landscape of gardens, orchards, green space, and gathering places, this community is the only building within the exciting Town...

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Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2024; Declares Annual Dividend

ATLANTA, March 25, 2025 (GLOBE NEWSWIRE) — Atlantic American Corporation (Nasdaq- AAME) today reported net income of $0.4 million, or $0.02 per diluted share, for the three month period ended December 31, 2024, compared to net loss of $2.2 million, or $(0.11) per diluted share, for the three month period ended December 31, 2023. The Company had net loss of $4.3 million, or $(0.23) per diluted share, for the year ended December 31, 2024, compared to net loss of $0.2 million, or $(0.03) per diluted share, for the year ended December 31, 2023. The increase in net income for the three month period ended December 31, 2024 was primarily the result of favorable loss experience in the Company’s life and health operations due to a decrease in incurred losses, predominantly in the group life and Medicare supplement lines of business. The...

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