Day: April 16, 2025

MRC Global Announces Preliminary First Quarter 2025 Results

Written by Customer Service on April 16, 2025. Posted in Public Companies.

HOUSTON, April 16, 2025 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC) today announced selected preliminary first quarter 2025 results from continuing operations. Preliminary First Quarter 2025 Financial Highlights:Revenue of approximately $710 million, a 7% sequential increase Net income from continuing operations of approximately $7 million Adjusted EBITDA of approximately $35 million, or 4.9% of sales Gross Profit of approximately $142 million, or 20.0% of sales Adjusted Gross Profit of approximately $153 million, or 21.5% of sales Cash flow provided by continuing operations of approximately $20 millionRob Saltiel, MRC Global’s President and CEO stated, “I am very pleased with our strong start to the year, with activity levels and margins exceeding expectations. Our US segment drove the sequential revenue increase, led by...

Record First Quarter Highlights the Stability of HOMB; Strength Is No Accident

Written by Customer Service on April 16, 2025. Posted in Earnings Releases And Operating Results.

CONWAY, Ark., April 16, 2025 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today.Quarterly HighlightsMetric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024Net income $115.2 million $100.6 million $100.0 million $101.5 million $100.1 millionNet income, as adjusted (non-GAAP)(1) $111.9 million $99.8 million $99.0 million $103.9 million $99.2 millionTotal revenue (net) $260.1 million $258.4 million $258.0 million $254.6 million $246.4 millionIncome before income taxes $147.2 million $129.5 million $129.1 million $133.4 million $130.4 millionPre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) $147.2 million $146.2 million $148.0 million $141.4 million $134.9 millionPPNR, as adjusted (non-GAAP)(1) $142.8 million $145.2...

CBL International Limited Reports 2024 Full-Year Results: Revenue Soars 35.9% to $592.5 Million Amid Global Expansion

Written by Customer Service on April 16, 2025. Posted in Earnings Releases And Operating Results.

Leveraging Challenges to Boost Market Share for Recovery KUALA LUMPUR, Malaysia, April 16, 2025 (GLOBE NEWSWIRE) — CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of Banle Group (“Banle” or “the Group”), a leading marine fuel logistic company in the Asia-Pacific region, today announced its annual financial results for the year ended December 31, 2024. Financial Performance Overview The company reported consolidated revenue of $592.52 million for the year ended December 31, 2024, marking a 35.9% increase from $435.90 million in 2023. This growth was primarily driven by a 38.1% increase in sales volume, supported by the addition of new customers during the year, expansion of our supply network to cover more ports, and a broader customer base that now includes bulk carriers and oil and gas tankers...

Farmers & Merchants Bancorp (FMCB) Reports Increase in First Quarter 2025 Earnings Over Prior Year

Written by Customer Service on April 16, 2025. Posted in Earnings Releases And Operating Results.

First Quarter 2025 HighlightsNet income of $23.0 million, or basic earnings per share of $32.88 and diluted earnings per share of $32.86; diluted earnings per share up 9.9% compared to the fourth quarter of 2024 and up 7.6% compared to the first quarter of 2024; Basic earnings per share of $123.34 over the trailing twelve months versus $116.37 over the same trailing period a year ago and $105.65 for the same period two years ago; Tangible book value per share increased 13.49% to $843.33 compared to $743.08 as of March 31, 2024; Achieved return on average assets of 1.70% and return on average equity of 15.65%; Net interest income of $53.1 million up $0.95 million compared to in the fourth quarter of 2024; net interest margin (tax equivalent basis) of 4.20%, up from 4.09% in the fourth quarter of 2024; Strong liquidity position continues...

Carlyle Credit Income Fund Schedules Second Quarter Financial Results and Investor Conference Call

Written by Customer Service on April 16, 2025. Posted in Public Companies.

NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) — Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) announced today that it will release financial results after market close on Tuesday, May 20, 2025, for its second quarter of 2025. CCIF will host a conference call at 10:00 a.m. EST on Wednesday, May 21, 2025, to discuss the results. The conference call will be available via public webcast via a link on Carlyle Credit Income Fund’s website at www.carlylecreditincomefund.com and will also be available on the website soon after the call’s completion. About Carlyle Credit Income Fund Carlyle Credit Income Fund (NYSE: CCIF) is an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations (“CLOs”). The CLOs are collateralized...

Fifth Era Acquisition Corp I Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing April 21, 2025

Written by Customer Service on April 16, 2025. Posted in Public Companies.

New York, NY, April 16, 2025 (GLOBE NEWSWIRE) — Fifth Era Acquisition Corp I (Nasdaq: FERAU) (the “Company”) announced today that, commencing April 21, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and rights included in the units. The Class A ordinary shares and rights that are separated will trade on the Nasdaq Global Market under the symbols “FERA” and “FERAR,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “FERAU.” This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful...

Outset Medical to Report First Quarter 2025 Financial Results on Wednesday, May 7, 2025

Written by Customer Service on April 16, 2025. Posted in Public Companies.

SAN JOSE, Calif., April 16, 2025 (GLOBE NEWSWIRE) — Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, today announced that it will release financial results for the first quarter 2025 after the close of trading on Wednesday, May 7, 2025. On the same day, at 2:00 p.m. Pacific time (5:00 p.m. Eastern time), Leslie Trigg, Chair and Chief Executive Officer, and Nabeel Ahmed, Chief Financial Officer, will host a conference call to discuss financial and operating results. Conference Call DetailsThe conference call will begin at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) on Wednesday, May 7, 2025. Those interested in joining the conference call may do so by registering online. Once registered, participants will receive...

Stifel Financial Schedules First Quarter 2025 Financial Results Conference Call

Written by Customer Service on April 16, 2025. Posted in Public Companies.

ST. LOUIS, April 16, 2025 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) will release its first quarter financial results before the market opens on Wednesday, April 23, 2025. The company will host a conference call to review the results at 9:30 a.m. Eastern time that same day. The conference call may include forward-looking statements. All interested parties are invited to listen to Stifel Chairman and CEO Ronald J. Kruszewski by dialing (866) 409-1555 and referencing participant ID 2769458. A live audio webcast of the call, as well as a presentation highlighting the company’s results, will be available through Stifel’s website, www.stifel.com. For those who cannot listen to the live broadcast, a replay of the broadcast will be available through the above-referenced website beginning approximately one hour following the...

DT Midstream to Announce First Quarter 2025 Financial Results, Schedules Earnings Call

Written by Customer Service on April 16, 2025. Posted in Public Companies.

DETROIT, April 16, 2025 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) plans to announce first quarter 2025 financial results before the market opens on Wednesday, April 30, 2025. DT Midstream has scheduled a conference call to discuss results for 9:00 a.m. ET (8:00 a.m. CT) the same day. Investors, the news media and the public may listen to a live internet broadcast of the call at this link. The participant toll-free telephone dial-in number in the U.S. and Canada is 888.596.4144, and the toll number is 646.968.2525; the passcode is 9881735. International access numbers are available here. The webcast will be archived on the DT Midstream website at investor.dtmidstream.com. About DT Midstream DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering...

FSI ANNOUNCES FIRST QUARTER, 2025 REVENUE

Written by Customer Service on April 16, 2025. Posted in Public Companies.

TABER, ALBERTA, April 16, 2025 (GLOBE NEWSWIRE) — FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. In addition, FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces first quarter (Q1), 2025 revenue. Sales were down in Q1, 2025 compared to Q1, 2024. Flexible Solutions’ top line revenue decreased from $9.2 million (Q1, 2024) to $7.4million (Q1, 2025), down approximately 20.0% year over year. Mr. Dan O’Brien, CEO, comments, “Two significant customers adjusted inventory...

Day: April 16, 2025

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