Day: April 22, 2025

Texas Ventures Acquisition III Corp Announces the Pricing of $200,000,000 Initial Public Offering

Written by Customer Service on April 22, 2025. Posted in Public Companies.

New York, NY, April 22, 2025 (GLOBE NEWSWIRE) — Texas Ventures Acquisition III Corp (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units. The units are expected to be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and begin trading tomorrow, April 23, 2025, under the ticker symbol “TVACU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols...

Concentrix Named a Leader in Everest Group’s Trust and Safety Services PEAK Matrix® Assessment for Fifth Consecutive Year

Written by Customer Service on April 22, 2025. Posted in Public Companies.

Company recognized for strong market impact, advanced AI support services, and commitment to protecting digital platforms worldwide NEWARK, Calif., April 22, 2025 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced that leading research firm Everest Group has positioned the company as a Leader in its Trust and Safety Services PEAK Matrix® Assessment 2025 for a fifth consecutive year, recognizing its market impact on the industry and ability to deliver services successfully. The assessment evaluates leading trust and safety providers that offer services designed to protect online platforms from bad actors and harmful content. Among 28 providers assessed for the 2025 report, Concentrix ranked third overall for Market Impact and fourth for Vision and Capability, reinforcing...

ShoulderUp Technology Acquisition Corp. Announces Proposed $7 Million PIPE and ELOC

Written by Customer Service on April 22, 2025. Posted in Public Companies.

Kennesaw, GA, April 22, 2025 (GLOBE NEWSWIRE) — ShoulderUp Technology Acquisition Corp. (“ShoulderUp” or the “Company”) announced that in connection with its pending business combination with SEE ID, Inc. (“SEE ID”), ShoulderUp and SEE ID, subject to market and other conditions, intend to pursue various financing alternatives, which may include offering up to $7 million in aggregate principal amount of shares of common stock of ShoulderUp and/or SEE ID, in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and/or a potential equity line of credit (“ELOC”). The net proceeds of the offering and/or the ELOC will be used to satisfy the conditions to the closing of the business combination and to fund ongoing operations of the combined company. The securities to...

Waterstone Financial, Inc. Announces Results of Operations for the Quarter Ended March 31, 2025

Written by Customer Service on April 22, 2025. Posted in Earnings Releases And Operating Results.

WAUWATOSA, Wis., April 22, 2025 (GLOBE NEWSWIRE) — Waterstone Financial, Inc. (NASDAQ: WSBF), holding company for WaterStone Bank, reported net income of $3.0 million, or $0.17 per diluted share, for the quarter ended March 31, 2025, compared to $3.0 million, or $0.16 per diluted share, for the quarter ended March 31, 2024. “The Community Banking segment continues to perform well in a challenging interest rate environment,” said William Bruss, Chief Executive Officer of Waterstone Financial, Inc. “We increased net interest income 6.9% at the Community Banking segment and net interest margin increased 32 bps compared to the quarter ended March 31, 2024. Asset quality continues to remain strong and low historical loan losses are reflected in the decrease in provision for credit losses during the quarter. The Mortgage...

Baker Hughes Company Announces First-Quarter 2025 Results

Written by Customer Service on April 22, 2025. Posted in Earnings Releases And Operating Results.

First-quarter highlightsOrders of $6.5 billion, including $3.2 billion of IET orders. RPO of $33.2 billion, including record IET RPO of $30.4 billion. Revenue of $6.4 billion, consistent year-over-year. Attributable net income of $402 million. GAAP diluted EPS of $0.40 and adjusted diluted EPS* of $0.51. Adjusted EBITDA* of $1,037 million, up 10% year-over-year. Cash flows from operating activities of $709 million and free cash flow* of $454 million. Returns to shareholders of $417 million, including $188 million of share repurchases.HOUSTON and LONDON, April 22, 2025 (GLOBE NEWSWIRE) — Baker Hughes Company (Nasdaq: BKR) (“Baker Hughes” or the “Company”) announced results today for the first quarter of 2025. “Baker Hughes started the year strong, building on the positive momentum from 2024 and...

Timbercreek Financial Declares April 2025 Dividend

Written by Customer Service on April 22, 2025. Posted in Dividend Reports And Estimates.

TORONTO, April 22, 2025 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on May 15, 2025 to holders of Common Shares of record on April 30, 2025. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the...

UNITY Biotechnology, Inc. Reports First Quarter 2025 Financial Results and Business Updates

Written by Customer Service on April 22, 2025. Posted in Earnings Releases And Operating Results.

SOUTH SAN FRANCISCO, Calif., April 22, 2025 (GLOBE NEWSWIRE) — UNITY Biotechnology, Inc. (UNITY) [NASDAQ:UBX], a biotechnology company developing therapeutics to slow, halt, or reverse diseases of aging, today reported financial results for the first quarter ended March 31, 2025. UNITY announced 24-week and partial 36-week topline data from our Phase 2b ASPIRE study in diabetic macular edema (DME) in the first quarter. DME patients treated with UBX1325 (foselutoclax) showed vision improvements generally comparable to the aflibercept control, but the study did not meet the primary endpoint of statistical non-inferiority to aflibercept based on BCVA average at weeks 20 and 24. UBX1325 was non-inferior to aflibercept at week 36, based on interim data. “The 24-week data indicates that UBX1325, acting via a novel mechanism of...

FS Bancorp, Inc. Reports First Quarter Net Income of $8.0 Million or $1.01 Per Diluted Share and the Forty-Ninth Consecutive Quarterly Cash Dividend

Written by Customer Service on April 22, 2025. Posted in Earnings Releases And Operating Results.

MOUNTLAKE TERRACE, Wash., April 22, 2025 (GLOBE NEWSWIRE) — FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2025 first quarter net income of $8.0 million, or $1.01 per diluted share, compared to $8.4 million, or $1.06 per diluted share, for the comparable quarter one year ago. “Deposit growth exceeded expectations in the first quarter of 2025, enabling the Bank to be well positioned for our loan pipeline going into the second quarter,” stated Matthew Mullet, President/CFO. “We are also pleased that our Board of Directors approved our forty-ninth consecutive quarterly cash dividend of $0.28 per common share, demonstrating our continued commitment to returning value to shareholders. The cash dividend will be paid on May 22, 2025, to shareholders...

Uni-Fuels Announces Full Year 2024 Financial Results

Written by Customer Service on April 22, 2025. Posted in Earnings Releases And Operating Results.

Year-Over-Year increases in Sales of Marine Fuels, Total Revenues and Gross Profit SINGAPORE, April 22, 2025 (GLOBE NEWSWIRE) — Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced its financial results for year ended December 31, 2024. Recent DevelopmentsOn January 15, 2025, the Company closed its initial public offering (the “Offering”) of 2,100,000 Class A Ordinary Shares at a public offering price of $4.00 per share, for total gross proceeds of $8.4 million, before deducting underwriting discounts and commissions. All of the Class A Ordinary Shares are offered by Uni-Fuels. The Class A Ordinary Shares commenced trading on Nasdaq Capital Market on January 14, 2025, under the ticker symbol “UFG”.On February 4, 2025,...

Weatherford Announces First Quarter 2025 Results

Written by Customer Service on April 22, 2025. Posted in Earnings Releases And Operating Results.

First quarter revenue of $1,193 million decreased 12% year-over-year First quarter operating income of $142 million decreased 39% year-over-year First quarter net income of $76 million, a 6.4% margin, decreased 32% year-over-year First quarter adjusted EBITDA* of $253 million, a 21.2% margin, decreased 25%, or 354 basis points, year-over-year First quarter cash provided by operating activities of $142 million and adjusted free cash flow* of $66 million Repurchased $34 million of 8.625% Senior Notes due 2030 in the first quarter of 2025 Shareholder return of $71 million for the quarter, which included dividend payments of $18 million and share repurchases of $53 million Board approved quarterly cash dividend of $0.25 per share, payable on June 5, 2025, to shareholders of record as of May 6, 2025 As part of its portfolio optimization strategy,...

Day: April 22, 2025

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