Day: April 30, 2025

Exceptional sales performance drives positive flows in Institutional and Intermediary channelsStrategic ETF platform expansion continues with launch of LBRTY Global Equity ETF (NYSE:BFRE)One-year anniversary of Westwood Salient Enhanced Midstream Income (MDST) with an annualized distribution rate of 10.5% DALLAS, April 30, 2025 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE: WHG) today reported first quarter 2025 earnings. Significant items included:Investment strategies beating their primary benchmarks included SMidCap, SmallCap Value, Select Equity, Dividend Select, Enhanced Balanced, Income Opportunity, Alternative Income and Balanced. SMidcap and Select Equity posted top third rankings in their peer universe, Dividend Select posted a top quarter ranking in its peer universe. Quarterly revenues totaled $23.3 million,...

TEANECK, N.J., April 30, 2025 (GLOBE NEWSWIRE) — Bogota Financial Corp. (NASDAQ: BSBK) (the “Company”), the holding company for Bogota Savings Bank (the “Bank”), reported net income for the three months ended March 31, 2025 of $731,000, or $0.06 per basic and diluted share, compared to a net loss of $441,000, or $0.03 per basic and diluted share, for the comparable prior year period. The increase in net income was primarily due to a decrease in deposit costs and increases in the yield on loans and security income, which resulted in a $942,000 increase in net interest income over the previous year. The Company also recorded a one-time death benefit accrual from its bank-owned life insurance policy for a former employee of approximately $543,000. The Bank has completed its previous repurchase program and has no repurchase program...

Net sales in the first quarter of 2025, which had two fewer selling days compared to the first quarter of 2024, decreased 1%(a).Gross profit in the first quarter of 2025 was $627 million, a decrease of 2% versus the first quarter of 2024. Gross margin in the first quarter of 2025 decreased by 50 basis points to 39.7%.Income from operations for the first quarter of 2025 was $190 million, a decrease of $26 million, or 12%, versus the first quarter of 2024.Key Results  First Quarter    (in millions) 2025   2024   ChangeVolume(1)   76.7       82.1     (6.6)%Net sales $1,580.0     $1,591.6     (0.7)%Gross profit $627.1     $640.6     (2.1)%Gross margin   39.7%       40.2%      Income from operations $189.8     $215.4     (11.9)%Operating margin   12.0%       13.5%                 Beverage Sales First Quarter    (in...

PURCHASE, NY, April 30, 2025 (GLOBE NEWSWIRE) — Teladoc Health, Inc. (NYSE: TDOC), the global leader in virtual care, today reported financial results for the three months ended March 31, 2025 (“First Quarter 2025”). Unless otherwise noted, percentage and other changes are relative to the three months ended March 31, 2024 (“First Quarter 2024”). First Quarter 2025 HighlightsFirst Quarter 2025 revenue of $629.4 million, down 3% year-over-year First Quarter 2025 net loss of $93.0 million, or $0.53 per share, including a pre-tax goodwill impairment charge of $59.1 million, or $0.34 per share, which occurred after the issuance of the previously provided outlook and was not included First Quarter 2025 adjusted EBITDA of $58.1 million, down 8% year-over-year Integrated Care segment revenue of $389.5 million, up 3% year-over-year,...

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) — New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three months ended March 31, 2025. Summary of First Quarter 2025: (dollar amounts in thousands, except per share data)Net income attributable to Company’s common stockholders $ 30,285  Net income attributable to Company’s common stockholders per share (basic) $ 0.33  Earnings available for distribution attributable to Company’s common stockholders(1) $ 18,194  Earnings available for distribution per common share(1) $ 0.20  Yield on average interest earning assets(1) (2)   6.47 %Interest income $ 129,734  Interest expense $ 96,636  Net interest income $ 33,098  Net interest spread(1) (3)   1.32 %Book value per common share...

SAN ANTONIO, April 30, 2025 (GLOBE NEWSWIRE) — Scorpius Holdings, Inc (OTC: SCPX) (“Scorpius” or “the Company”), an integrated contract development and manufacturing organization (“CDMO”), today provided strategic, financial, and operational updates for the year ended December 31, 2024. Jeff Wolf, CEO of Scorpius Holdings, Inc., stated, “The current biotech funding environment has created real headwinds for many of our clients, particularly when it comes to advancing drug development and clinical trials. In response, we took decisive steps to streamline our operations, reduce our cost structure, and refocus on our core CDMO capabilities. While the delay in our Form 10-K filing was not ideal, it was driven in part by the internal realignment necessary to secure our long-term success. With the filing now complete, we...

Outlines Disciplined Strategy to Position Nano Dimension as a Digital Manufacturing Leader Benefiting From the Global Trade and Production Realignment Details Post-Acquisition Playbook and Operational Focus on Capital Strength and Profitable Growth Conference Call Today at 4:30 PM EST WALTHAM, Mass., April 30, 2025 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leader in Digital Manufacturing solutions, today announced its 2024 financial results and shared its 2025 strategic outlook. Letter from Ofir Baharav, CEO: Dear Shareholders, I am pleased to share an update with you on our 2024 financial results and strategic outlook. 2024 marked the beginning of transformative change for Nano Dimension. The Company’s Board of Directors was fully reconstituted following strong shareholder support...

SANTA ANA, Calif., April 30, 2025 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology solutions, including mission systems, radio frequency (“RF”) components, RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards (“PCB”s) today reported results for the first quarter 2025, which ended on March 31, 2025. First Quarter 2025 HighlightsNet sales were $648.7 million, up 14% year on year GAAP net income of $32.2 million, or $0.31 per diluted share Non-GAAP net income of $52.4 million, or $0.50 per diluted share, a record high for a first quarter Cash usage from operations of $10.7 million due to an increase in working capital Book to bill of 1.10 for the first quarter A&D program backlog $1.55 billionFirst Quarter 2025...

FAIR LAWN, N.J., April 30, 2025 (GLOBE NEWSWIRE) — Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank (“Columbia”), reported net income of $8.9 million, or $0.09 per basic and diluted share, for the quarter ended March 31, 2025, as compared to a net loss of $1.2 million, or $0.01 per basic and diluted share, for the quarter ended March 31, 2024. Earnings for the quarter ended March 31, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, lower provision for credit losses and a decrease in non-interest expense, partially offset by higher income tax expense. Mr. Thomas J. Kemly, President and Chief Executive Officer, commented: “During the first quarter of 2025, the Company was able to increase earnings,...