Month: April 2025

Live Oak Bancshares, Inc. Reports First Quarter 2025 Results

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

WILMINGTON, N.C., April 23, 2025 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2025 net income attributable to the Company of $9.7 million, or $0.21 per diluted share. Live Oak’s performance in the quarter compared to the fourth quarter of 2024, includes these notable items:Record first quarter production of $1.40 billion accompanied by strong deposit growth of $635.5 million, with total assets growing by 5.0% to $13.60 billion Net interest income increased 3.1% and net interest margin increased 5 basis points from 3.15% to 3.20% 1.5% decline in revenue and 3.4% increase in noninterest expenses generated 10% decline in pre-provision net revenue1 Provision expense for credit losses of $29.0 million, principally driven by loan growth amid a challenging macroeconomic...

Meritage Homes reports first quarter 2025 results

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

SCOTTSDALE, Ariz., April 23, 2025 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH), the fifth-largest U.S. homebuilder, reported first quarter results for the period ended March 31, 2025. Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts) Three Months Ended March 31, 2025 2024 % ChgHomes closed (units) 3,416 3,507 (3)%Home closing revenue $ 1,342,104 $ 1,466,096 (8)%Average sales price — closings $ 393 $ 418 (6)%Home orders (units) 3,876 3,991 (3)%Home order value $ 1,558,177 $ 1,631,195 (4)%Average sales price — orders $ 402 $ 409 (2)%Ending backlog (units) 2,004 3,033 (34)%Ending backlog value $ 812,358 $ 1,244,257 (35)%Average sales price — backlog $ 405 $ 410 (1)%Earnings before...

Amedisys Reports First Quarter 2025 Financial Results

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

BATON ROUGE, La., April 23, 2025 (GLOBE NEWSWIRE) — Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three-month period ended March 31, 2025. Three-Month Periods Ended March 31, 2025 and 2024Net service revenue increased $23.4 million to $594.8 million compared to $571.4 million in 2024. Net income attributable to Amedisys, Inc. of $61.0 million, which is inclusive of merger-related expenses totaling $16.8 million ($16.6 million, net of tax) and a $48.1 million gain on an equity method investment ($35.6 million, net of tax), compared to net income attributable to Amedisys, Inc. of $14.4 million, which is inclusive of merger-related expenses totaling $20.7 million ($19.8 million, net of tax) in 2024. Net income attributable to Amedisys, Inc. per diluted share of $1.84 compared to $0.44 in 2024.Adjusted...

CVB Financial Corp. Reports Earnings for the First Quarter 2025

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

First Quarter 2025Net Earnings of $51.1 million, or $0.36 per share Return on Average Assets of 1.37% Return on Average Tangible Common Equity of 14.51% Net Interest Margin of 3.31%ONTARIO, CA, April 23, 2025 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended March 31, 2025. CVB Financial Corp. reported net income of $51.1 million for the quarter ended March 31, 2025, compared with $50.9 million for the fourth quarter of 2024 and $48.6 million for the first quarter of 2024. Diluted earnings per share were $0.36 for the first quarter, compared to $0.36 for the prior quarter and $0.35 for the same period last year. For the first quarter of 2025, annualized return on average equity (“ROAE”) was 9.31%, annualized return on average...

Century Next Financial Corporation Reports Record 1st Quarter 2025 Results

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

RUSTON, La., April 23, 2025 (GLOBE NEWSWIRE) — Century Next Financial Corporation (the “Company”) (OTCQX: CTUY), the holding company of Century Next Bank, with $909.7 million in assets, today announced financial results for the 1st quarter ended March 31, 2025. Financial Performance For the three months ended March 31, 2025, the Company had net income after tax of $3.45 million compared to net income of $2.66 million for the three months ended March 31, 2024, an increase of $790,000 or 29.7%. Earnings per share (EPS) for the three months ended March 31, 2025 were $1.89 per basic and $1.88 diluted share compared to $1.48 per basic and diluted share reported for the three months ended March 31, 2024. Balance Sheet Overall, total assets increased by $40.3 million or 4.6% to $909.7 million at March 31, 2025 compared to $869.4 million...

Aecon reports first quarter 2025 results with record backlog of $9.7 billion

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

TORONTO, April 23, 2025 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the first quarter of 2025. “With record backlog of $9.7 billion, contributions from strategic acquisitions, solid recurring revenue, and a strong bid pipeline, revenue in 2025 is expected to be stronger than 2024,” said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. “Aecon continues to maintain a disciplined capital allocation approach to deliver long-term shareholder value through acquisitions and divestitures, organic growth, dividends, capital investments, and common share buybacks on an opportunistic basis.” HIGHLIGHTSAll quarterly financial information contained in this news release is unaudited.Revenue for the three months ended March 31, 2025 of $1,062 million was...

Heimar hf.: Heimar Signs Share Purchase Agreement for Gróska

Written by Customer Service on April 23, 2025. Posted in Public Companies.

Heimar hf. (“Heimar” or the “Company”) has today signed an agreement to acquire all shares in Gróska ehf. (“Gróska”) and Gróðurhúsið ehf. (“Gróðurhúsið”) (the “Transaction”). Gróska owns the property Gróska at Bjargargata 1, 102 Reykjavík – an innovation hub and one of Iceland’s largest and most ambitious office buildings. The property comprises approximately 18,600 m², plus a 6,200 m² underground parking garage with 205 spaces, totaling approximately 24,800 m². Gróðurhúsið operates an incubator and coworking facilities within the premises. Among the tenants in Gróska are the game developer CCP, the U.S. software company NetApp, the Science Park of the University of Iceland, World Class, and numerous other companies at the forefront of Icelandic innovation. The diversity of tenants contributes to a vibrant community within the building,...

Ninepoint Partners Announces April 2025 Cash Distributions for ETF Series Securities

Written by Customer Service on April 23, 2025. Posted in Dividend Reports And Estimates.

TORONTO, April 23, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the April 2025 cash distributions for its ETF Series securities. The record date for the distributions is April 30, 2025. All distributions are payable on May 7, 2025. The per-unit April 2025 distributions are detailed below:Ninepoint ETF Series Ticker Distribution per unit Notional Distribution per unit CUSIPNinepoint Diversified Bond Fund NBND $0.03567 $0.00000 65443H100Ninepoint Alternative Credit Opportunities Fund NACO $0.05902 $0.00000 65443Q100Ninepoint Energy Income Fund NRGI $0.10815 $0.00000 65444A104Ninepoint Target Income Fund TIF $0.08306 $0.00000 65446C108About Ninepoint Partners Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing...

Uniti Appoints John Harrobin President of Kinetic

Written by Customer Service on April 23, 2025. Posted in Public Companies.

Industry Veteran to Accelerate Insurgent Fiber Growth LITTLE ROCK, Ark., April 23, 2025 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its appointment of John Harrobin as President of Kinetic, effective following the successful close of Uniti’s merger with Windstream Holdings II, LLC (“Windstream”), which the Company continues to expect will be in the second half of 2025. Mr. Harrobin will have operational, go-to-market, and financial responsibilities for one of the largest remaining independent fiber-to-the-home platforms in the country. Harrobin most recently served as Executive Vice President, Consumer, at Frontier Communications, where he led a $3 billion business unit, returning it to customer, revenue and profit growth. “John is an exceptional leader, and we have long admired...

Brag House Provides Update on Status of Form 10-K Filing and Reiterates Commitment to SEC Compliance Obligations

Written by Customer Service on April 23, 2025. Posted in Public Companies.

NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH), a pioneering media-tech platform at the intersection of gaming, college sports, and social interaction, continues to diligently work on its Form 10-K for the fiscal year-ended December 31, 2024 following the successful completion of its initial public offering in March 2025 and intends to file the 2024 Form 10-K in the coming days. Given the recency of our initial public offering, we needed additional time to complete certain disclosures and analyses to be included in the 2024 Form 10-K. As anticipated, we received a notice from the Nasdaq Stock Market on April 17, 2025 notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company’s...

Month: April 2025

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