Month: April 2025

Q1 2025 Financial HighlightsRecord Q1 revenue of $1.6 billion increases 1% year-over-year; decreases 2% on an organic basis 11% revenue growth excluding confidential contract; increases 7% on an organic basis Record Q1 net income of $66 million increases $26 million year-over-year Record Q1 earnings per share increases 61% to $0.60 Record Q1 adjusted EBITDA increases by 5% to $149 million; record adjusted EBITDA margin of 9.6% increases 40 basis points Strong book-to-bill ratio of 1.1x supported by a 1.4x ratio in the company’s Critical Infrastructure segment Total backlog increases to $9.1 billion, a company record Reiterating fiscal year 2025 guidance ranges for all financial metricsCHANTILLY, Va., April 30, 2025 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) today announced financial results for the first quarter...

WEST PALM BEACH, Fla., April 30, 2025 (GLOBE NEWSWIRE) — Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced its first quarter 2025 results and provided a business update. First Quarter 2025:Net income attributable to common stockholders of $21 million; diluted EPS of $2.50; ROE of 19% Adjusted pre-tax income* of $25 million, resulting in annualized adjusted ROE* of 22% Book value per share improved to $58 as of March 31, 2025, up $2.15 year-over-year $17 billion in total servicing additions Average servicing UPB of $305 billion, up $13 billion year-over-year2025 Outlook:Confirmed previous guidance including 2025 adjusted ROE* range of 16% – 18% Some or all of $180 million deferred tax valuation allowance (US) as of December 31, 2024, could be released by year-end 2025         * See “Note Regarding...

(all amounts are expressed in millions of U.S. dollars, excluding per share amounts and unless otherwise stated) TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Real Matters Inc. (TSX: REAL) (“Real Matters” or the “Company”), a leading network management services platform for the mortgage and insurance industries, today announced its financial results for the second quarter ended March 31, 2025. “We posted consolidated Net Revenue(A) of $10.1 million compared with $11.5 million in the second quarter of 2024 mainly due to a double-digit decline in the addressable U.S. purchase mortgage origination market. We continue to maintain our focus on operational efficiency and leveraged our network management model to deliver U.S. Appraisal Net Revenue(A) margins of 27.3% in the second quarter, up 80 basis points sequentially. Our U.S. Title...

GREENWICH, Conn., April 30, 2025 (GLOBE NEWSWIRE) — XPO (NYSE: XPO) today announced its financial results for the first quarter 2025. The company reported diluted earnings per share of $0.58, compared with $0.56 for the same period in 2024, and adjusted diluted earnings per share of $0.73, compared with $0.81 for the same period in 2024. First Quarter 2025 Summary Results                                         Three Months Ended March 31,    Revenue   Operating Income (Loss)(in millions)     2025       2024     Change %     2025       2024     Change %North American Less-Than-Truckload Segment   $ 1,172     $ 1,221       -4.0 %   $ 158     $ 165       -4.2 %European Transportation Segment     782       797       -1.9 %     1       (4 )   NMCorporate     –       –       0.0 %     (9 )     (23 )     -60.9 %Total   $ 1,954     $ 2,018       -3.2 %   $ 151     $ 138       9.4 %                                         Adjusted...

WAUKESHA, Wis., April 30, 2025 (GLOBE NEWSWIRE) — Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today reported financial results for its first quarter ended March 31, 2025 and provided an update on its outlook for the full-year 2025. First Quarter 2025 HighlightsNet sales increased 6% to $942 million during the first quarter of 2025 as compared to $889 million in the prior-year first quarter. The net effect of acquisitions and foreign currency had a slight favorable impact during the quarter.Residential product sales increased approximately 15% to $494 million as compared to $429 million last year. Commercial & Industrial (“C&I”) product sales decreased approximately 5% to $337 million as compared...

PARIS, April 30, 2025 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) (“Constellium” or the “Company”) today reported results for the first quarter ended March 31, 2025. First quarter 2025 highlights:Shipments of 372 thousand metric tons, down 2% compared to Q1 2024 Revenue of $2.0 billion, up 5% compared to Q1 2024 Net income of $38 million compared to net income of $22 million in Q1 2024 Adjusted EBITDA of $186 million> Includes positive non-cash metal price lag impact of $46 million> Includes negative $10 million impact at Valais as a result of the floodSegment Adjusted EBITDA of $75 million at A&T, $60 million at P&ARP, $16 million at AS&I, and $(11) million at H&C> A&T and AS&I results include negative impact at Valais as a result of the floodCash from Operations...