Day: April 24, 2025

Bel Reports First Quarter 2025 Results

Written by Customer Service on April 24, 2025. Posted in Earnings Releases And Operating Results.

WEST ORANGE, N.J., April 24, 2025 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB) today announced preliminary financial results for the first quarter of 2025. First Quarter 2025 Highlights• Net sales of $152.2 million compared to $128.1 million in Q1-24. Excluding $32.4 million of contribution from Enercon, organic sales down 6.4% from Q1-24.• Gross profit margin of 38.6%, up from 37.5% in Q1-24• GAAP net earnings attributable to Bel shareholders of $17.9 million versus $15.9 million in Q1-24• Non-GAAP net earnings attributable to Bel shareholders of $16.8 million versus $17.0 million in Q1-24• Adjusted EBITDA of $30.9 million (20.3% of sales) as compared to $22.4 million (17.5% of sales) in Q1-24• Announced Farouq Tuweiq’s appointment as Bel’s President and CEO, to be effective immediately following...

Crane Harbor Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering

Written by Customer Service on April 24, 2025. Posted in Mergers And Acquisitions.

PHILADELPHIA, PA, April 24, 2025 (GLOBE NEWSWIRE) — Crane Harbor Acquisition Corp. (NASDAQ:CHACU) (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The Company’s units will be listed on the Nasdaq Global Market under the symbol “CHACU” and will begin trading on April 25, 2025. Each unit issued in the offering consists of one Class A ordinary share of the Company and one right to receive one tenth (1/10) of a Class A ordinary share upon the consummation of the Company’s initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on NASDAQ under the symbols “CHAC” and “CHACR,” respectively. The closing of the offering is anticipated to take...

Nayax to Report 2025 Q1 Earnings on May 13, 2025

Written by Customer Service on April 24, 2025. Posted in Public Companies.

HERZLIYA, Israel, April 24, 2025 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced that it will release its earnings for the first quarter of 2025 on Tuesday, May 13, 2025, before U.S. markets open. Nayax will hold two calls, one in English and one in Hebrew. Nayax CEO and Chairman, Yair Nechmad, will speak alongside Nayax’s Chief Financial Officer, Sagit Manor, and Chief Strategy Officer, Aaron Greenberg. Conference Calls: The conference call in English will be held at: 8:30 a.m. Eastern Time / 3:30 p.m. Israel Time / 5:30 a.m. Pacific Time. The conference call in Hebrew will be held at:9:30 a.m. Eastern Time / 4:30 p.m. Israel time / 6:30 a.m. Pacific Time. For...

Commercial National Financial Corporation Reports 1st Quarter 2025 Results

Written by Customer Service on April 24, 2025. Posted in Earnings Releases And Operating Results.

ITHACA, Mich., April 24, 2025 (GLOBE NEWSWIRE) — Commercial National Financial Corporation (Pink Sheets: CEFC) reported net income for the first quarter of 2025 of $1,429,000 or $0.36 per share compared to first quarter 2024 net income of $1,161,000 or $0.29 per share. Return on Equity (ROE) was 11.31% for the first quarter of 2025 compared to 9.95% for the first quarter of 2024. Net interest income for the first quarter of 2025 increased by $348,000 or 7.7% compared to the respective 2024 period. Interest income decreased by $140,000, mainly due to a decrease in loan balances. Interest expense decreased by $488,000, as deposit rates were reduced following the federal funds rate cuts during the second half of 2024. Non-interest income decreased by $67,000 or 12.5%, primarily due to lower interchange income and other miscellaneous...

Trisura Announces Timing of First Quarter Results Release and Earnings Conference Call

Written by Customer Service on April 24, 2025. Posted in Public Companies.

TORONTO, April 24, 2025 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, announces the timing of first quarter 2025 results release and earnings conference call. Trisura will release its first quarter 2025 results after market close on Thursday, May 1st, 2025. The company will host a conference call for analysts and investors on Friday, May 2nd, 2025 at 9:00 a.m. ET. Conference call participants will be David Clare, President and Chief Executive Officer and David Scotland, Chief Financial Officer. To listen to the call via live audio webcast, please follow the link below:https://edge.media-server.com/mmc/p/tzhsg4ir A replay of the call will be available through the link above. About Trisura Group Trisura Group Ltd. is a specialty insurance provider operating...

Mink Ventures Applies for Extension of Price Protection for Private Placement

Written by Customer Service on April 24, 2025. Posted in Public Companies.

TORONTO, April 24, 2025 (GLOBE NEWSWIRE) — Mink Ventures Corporation (TSXV:MINK) (the “Company”) announced today that in connection with the private placement (the “Offering“) originally announced in the Company’s press release of March 13, 2025, that the Company has applied to the TSX Venture Exchange for an extension of a further 30 days price protection in order to complete further subscriptions. The Company intends to close the next tranche of the Offering in the next couple of weeks. Further closing of the Offering is subject to receipt of further subscriptions and all necessary corporate and regulatory approvals, including the approval of TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the...

Clarus Sets First Quarter 2025 Conference Call for Thursday, May 8, 2025, at 5:00 p.m. ET

Written by Customer Service on April 24, 2025. Posted in Public Companies.

SALT LAKE CITY, April 24, 2025 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, will hold a conference call on Thursday, May 8, 2025, at 5:00 pm ET to discuss its financial results for the first quarter ended March 31, 2025. The financial results will be reported in a press release after the close of regular stock market trading hours on the same day as the conference call. Date: Thursday, May 8, 2025Time: 5:00 pm ETRegistration Link: https://register-conf.media-server.com/register/BI6d93afa015384a388abd5672bbaf1a5b To access the call by phone, please register via the live call registration link above and you will be provided with dial-in instructions and details. The conference call will be broadcast live and available for replay on...

Rafael Holdings Strengthens its Focus on the Development of Trappsol® Cyclo™ and Announces Chief Executive Officer Bill Conkling Will Be Stepping Down from His Role

Written by Customer Service on April 24, 2025. Posted in Mergers And Acquisitions.

Cyclo Therapeutics’ TransportNPC™ Phase 3 clinical trial for Trappsol® Cyclo™ for the treatment of Niemann-Pick Disease Type C1, a rare and fatal genetic disease, is fully enrolled and results from the 48-week interim analysis are expected in the middle of 2025 NEWARK, N.J., April 24, 2025 (GLOBE NEWSWIRE) — Rafael Holdings, Inc. (NYSE: RFL; NYSE American: RFL-WT) today announced that, following the merger with Cyclo Therapeutics, Bill Conkling will be stepping down as CEO and assuming an advisory role with the Company. Rafael’s Executive Chairman and Chairman of the Board, Howard Jonas will assume the role of CEO. During his tenure as CEO, Bill played a pivotal role in identifying investment opportunities with the potential to re-establish Rafael as a late-stage clinical development company. With the completion of...

Middlefield Banc Corp. Reports 2025 Three-Month Financial Results

Written by Customer Service on April 24, 2025. Posted in Earnings Releases And Operating Results.

MIDDLEFIELD, Ohio, April 24, 2025 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three months ended March 31, 2025. 2025 Three-Month Financial Highlights (on a year-over-year basis): ● Earnings per share increased 17.6% year-over-year to $0.60 per diluted share ● Net interest margin expanded 15 basis points to 3.69% ● Return on average assets (annualized) increased 12 basis points year-over-year to 1.04% ● Asset quality improved from the 2024 fourth quarter with nonperforming assets to total assets decreasing by 6 basis points to 1.56% ● First quarter dividend payment increased 5% to $0.21 per share “The first quarter of 2025 was a strong period of growth, profitability and value creation for Middlefield,” stated Ronald L. Zimmerly, Jr., President...

South Plains Financial, Inc. Reports First Quarter 2025 Financial Results

Written by Customer Service on April 24, 2025. Posted in Earnings Releases And Operating Results.

LUBBOCK, Texas, April 24, 2025 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today reported its financial results for the quarter ended March 31, 2025. First Quarter 2025 HighlightsNet income for the first quarter of 2025 was $12.3 million, compared to $16.5 million for the fourth quarter of 2024 and $10.9 million for the first quarter of 2024. Diluted earnings per share for the first quarter of 2025 was $0.72, compared to $0.96 for the fourth quarter of 2024 and $0.64 for the first quarter of 2024. Average cost of deposits for the first quarter of 2025 was 219 basis points, compared to 229 basis points for the fourth quarter of 2024 and 241 basis points for the first quarter of 2024. Net interest margin, on a tax-equivalent...

Day: April 24, 2025

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals