Month: March 2025

DUBLIN and SHANGHAI, March 20, 2025 (GLOBE NEWSWIRE) — PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the fourth quarter ended and the fiscal year ended December 31, 2024. Fourth Quarter 2024 HighlightsTotal revenues in the quarter were RMB110,610.1 million (US$115,153.5 million), an increase of 24% from RMB88,881.0 million in the same quarter of 2023.Operating profit in the quarter was RMB25,592.2 million (US$3,506.1 million), an increase of 14% from RMB22,395.0 million in the same quarter of 2023. Non-GAAP2 operating profit in the quarter was RMB27,996.5 million (US$3,835.5 million), an increase of 14% from RMB24,579.9 million in the same quarter of 2023.Net income attributable to ordinary shareholders in the quarter was RMB27,446.6 million (US$3,760.2...

– Achieved Approximately $304 Million of Inventory Reduction in the Fiscal Fourth Quarter, Bringing Total Inventory Reduction Since Fiscal Second Quarter Peak to $419 Million – – Service Revenue Increased 14.5% , or 7.1% on a Same-store Basis, for the Full Year Fiscal 2025 – – Provides Fiscal 2026 Modeling Assumptions – WEST FARGO, N.D., March 20, 2025 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal fourth quarter and full year ended January 31, 2025. “Our fiscal fourth quarter results reflect a significant step forward in the execution of our inventory reduction initiative, particularly in our domestic Agriculture segment. We reduced inventory by approximately...

Fourth quarter Gross margin increased approximately 760 basis points compared to fiscal 2023All fourth quarter profitability measures improved when compared to fiscal 2023Reduced inventory for the eighth consecutive quarter DODGEVILLE, Wis., March 20, 2025 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) (“Lands’ End” or the “Company”) today announced financial results for the fourth quarter and full year of fiscal 2024 ended January 31, 2025. Andrew McLean, Chief Executive Officer, stated, “Lands’ End had a strong finish to a year defined by continued positive momentum across the business. We increased gross profit dollars, expanded gross margins and grew GMV each quarter of fiscal 2024, excluding the 53rd week, resulting in a return to profitability for the full year. Through our amazing products, robust product franchises and...

Division reaches document stacking milestone with AI-Powered technology solution.Origence Lending ServicesOrigence Lending Services served 360,000 members and grew to 167 credit unions in 2024.Irvine, California, March 20, 2025 (GLOBE NEWSWIRE) — Origence Lending Services, a division of Origence, served 360,000 credit union members and grew to 167 credit unions funding $5 billion in 2024.  The division also marked a significant milestone in document management, stacking, and processing more than 30 million documents since its launch of an advanced AI-powered solution in 2023. These numbers highlight another successful year of continued growth, providing scalable outsourced solutions designed to improve efficiencies and streamline operations for credit unions. Origence Lending Services operates 24 hours a day, 7 days...

Q2 GAAP revenues of $570.7 million, up 4.5% from Q2 2024. Organic Q2 ASV of $2,276.2 million, up 4.1% year over year. Q2 GAAP operating margin of 32.5%, down approximately 80 bps year over year, and adjusted operating margin of 37.3%, down 100 bps year over year. Q2 GAAP diluted EPS of $3.76, up 3.0% from the prior year, and adjusted diluted EPS of $4.28, up 1.4% year over year. Fiscal 2025 guidance updated. Expected organic ASV growth of $100 million to $130 million (approximately 4.4% to 5.8%), GAAP revenues in the range of $2,305 million to $2,325 million, adjusted operating margin in the range of 36% to 37%, and adjusted diluted EPS in the range of $16.80 to $17.40.NORWALK, Conn., March 20, 2025 (GLOBE NEWSWIRE) — FactSet (“FactSet” or the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global financial digital platform and enterprise...

VANCOUVER, British Columbia, March 20, 2025 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI, OTCQB: TIMCF) (“Titan” or the “Company“) is pleased to announce the results for the year ended December 31, 2024. The Company has achieved the top end of its 2024 production guidance and costs were 10% lower than the low end of its AISC guidance, at its wholly owned Empire State Mines (“ESM”), despite the production suspension caused by Storm Debby in Q3 2024. (All amounts are in U.S. dollars unless otherwise stated). FY 2024 HIGHLIGHTS:Produced 21.7 million pounds of payable zinc in Q4 2024 up 56% when compared to Q4 2023 and total production of 59.5 million pounds of payable zinc for FY 2024. Revenues of $26.3 million in Q4 2024, up 318% when compared to Q3 2024 and up 241% when compared to Q4 2023. C1 cash costs per...

VANCOUVER, British Columbia, March 20, 2025 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (“Orezone” or “Company”) is pleased to report its operational and financial results for the fourth quarter and full year ended December 31, 2024, and its 2025 guidance.   All dollar amounts are in USD unless otherwise indicated and abbreviation “M” means million. HighlightsQ4-2024 gold production of 36,502 oz, a 37% increase from the previous quarter.   2024 gold production of 118,746 oz, exceeding the mid-point of guidance. AISC per oz sold of $1,273 for Q4-2024 and $1,447 for 2024. Record revenue of $283.5M from the sale of 118,697 gold oz at an average realized price of $2,384 per oz in 2024. Gold sales remain unhedged to rising gold prices. 2024 Adjusted EBITDA of $117.2M, Net Income attributable to Orezone shareholders...

A total of 11,147 hotels or 1,088,218 hotel rooms in operation as of December 31, 2024. Hotel turnover1 increased 16.5% year-over-year to RMB23.7 billion in the fourth quarter of 2024 and increased 15.5% year-over-year for the full year of 2024. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover from the Legacy-Huazhu segment increased 17.5% year-over-year in the fourth quarter of 2024 and increased 16.1% year-over-year for the full year of 2024. Hotel turnover from the Legacy-DH segment increased 6.5% year-over-year in the fourth quarter of 2024 and increased 9.0% year-over-year for the full year of 2024. Revenue increased 7.8% year-over-year to RMB6.0 billion (US$825 million)2 in the fourth quarter of 2024, surpassing the revenue guidance previously announced of a 1% to 5% increase compared...