Month: May 2025

Dycom Industries, Inc. Reports Fiscal 2026 First Quarter Results and Increases Annual Outlook

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

First Quarter Highlights(All metrics compared to the first quarter of fiscal 2025)Contract revenues of $1.259 billion, up 10.2% Adjusted EBITDA of $150.4 million, or 11.9% of contract revenues, up 14.9% Net income of $61.0 million, or $2.09 per common share diluted Record backlog of $8.127 billion as of April 26, 2025 Repurchased 200,000 shares for $30.2 million during Q1WEST PALM BEACH, Fla., May 21, 2025 (GLOBE NEWSWIRE) — Dycom Industries, Inc. (NYSE: DY) announced today its results for the first quarter ended April 26, 2025. “Dycom had a strong start to fiscal 2026 with continued progress against our goals, excellent financial and operational performance, and a record backlog. Based on our first quarter results and a favorable demand outlook, we are increasing our full year fiscal 2026 contract revenue outlook and remain...

YY Group Plans Expansion to Thailand, Targeting US$5 Billion Casual Labor Market

Written by Customer Service on May 21, 2025. Posted in Mergers And Acquisitions.

Singapore, May 21, 2025 (GLOBE NEWSWIRE) — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), is thrilled to announce its plans to establish a significant presence in Thailand through the acquisition of YY Circle Thailand. YY Group and YY Circle Thailand are in the process of reaching a definitive agreement, and the transaction is expected to close on June 2, 2025, with the completion of customary closing conditions. This acquisition marks a pivotal step in YY Group’s Southeast Asia expansion strategy. This strategic acquisition highlights YY Group’s commitment to empowering businesses and workers in Thailand’s vibrant casual labor market, currently estimated to be valued at THB170 billion (US$5 billion) annually. The...

Purple Biotech Reports First Quarter 2025 Financial Results

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

Final CM24 Phase 2 data presented at AACR Annual Meeting 2025, strengthening patient selection strategy for CM24 Phase 2b study planned to be initiated in Second Half of 2025 NT219 data presented at AACR Annual Meeting 2025; NT219 Phase 2 study in head and neck cancer on track to be initiated in First Half of 2025 CAPTN-3 differentiated T-cells and NK cells engagers tri-specific platform advances toward first-in-human clinical trials REHOVOT, Israel, May 21, 2025 (GLOBE NEWSWIRE) — Purple Biotech Ltd. (“Purple Biotech” or “the Company”) (NASDAQ/TASE: PPBT), a clinical-stage company developing first-in-class therapies that seek to overcome tumor immune evasion and drug resistance, announced today financial results for the three months ended March 31, 2025. “We are pleased to report continued progress on our...

Magic Software Reports First Quarter 2025 Financial Results

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

OR YEHUDA, Israel, May 21, 2025 (GLOBE NEWSWIRE) — Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) (“the Company”), a global provider of IT consulting services and end-to-end integration and application development platforms solutions, announced today its financial results for the first quarter ended March 31, 2025. Summary Results for the First Quarter 2025 (USD in millions, except per share data) GAAP Non-GAAP Q1 2025 Q1 2024 % Change Q1 2025 Q1 2024 % ChangeRevenues $ 147.3 $ 130.7 12.7% $ 147.3 $ 130.7 12.7%Gross profit $ 40.6 $ 36.7 10.7% $ 41.9 $ 38.3 9.5%Gross margin 27.6% 28.1% (50) bps 28.5% 29.3% (80) bpsOperating income $ 15.7 $ 14.4 9.1% $ 18.5 $ 18.1 1.9%Operating margin 10.7% 11.0% (30) bps 12.6% 13.9% (130) bpsNet income (*) $ 9.5 $ 8.8 7.7% $ 12.2 $ 11.3 8.3%Diluted...

LXP Industrial Trust Leases 1.1 Million Square Foot Industrial Facility in Greenville/Spartanburg

Written by Customer Service on May 21, 2025. Posted in Public Companies.

WEST PALM BEACH, Fla., May 21, 2025 (GLOBE NEWSWIRE) — LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on Class A warehouse and distribution investments, today announced that it executed a lease for its approximately 1.1 million square foot industrial facility in the Greenville/Spartanburg, South Carolina market. The lease to a U.S. subsidiary of a global logistics company commences on June 1, 2025, for a two-year term, with two five-year renewal options, and an initial rent of $5.50 per square foot with 3.25% annual rental escalations. The signing of the lease results in an estimated stabilized cash yield of approximately 8.0% for the development project. T. Wilson Eglin, Chairman and Chief Executive Officer of LXP, commented, “Leasing our Greenville/Spartanburg industrial facility to a...

ArrowXL Optimizes Last Mile Delivery and Unlocks Capacity with Descartes

Written by Customer Service on May 21, 2025. Posted in Public Companies.

LONDON and ATLANTA, May 21, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that ArrowXL, the U.K.’s largest and longest-established two-person home delivery and warehousing specialist, is using Descartes’ route planning and execution solution to automate and optimize last mile delivery route planning. This enables ArrowXL’s route planning team to plan and optimize routes for deliveries dynamically and more efficiently, unlocking transportation capacity for the organization. “ArrowXL is focused on bespoke services centered around a customer-first approach,” said Rachel Hopkins, Chief Information Officer, ArrowXL. “With over 40 years’ experience completing deliveries for the U.K.’s leading retailers, e-tailers, and manufacturers,...

Fluke Reliability Launches Shaft Alignment Solution that Powers Precision Measurement and Maximizes Uptime

Written by Customer Service on May 21, 2025. Posted in Public Companies.

New rugged solution delivers immediate ROI by cutting energy use and maintenance costsShaft Alignment Tablet in ActionRugged professional tablet compatible with full range of Pruftechnik alignment kitsEVERETT, Washington, May 21, 2025 (GLOBE NEWSWIRE) — Fluke Reliability today announced a new Shaft Alignment solution, featuring rugged professional tablets compatible with its full range of alignment kits, including Pruftechnik’s single-laser alignment tools. Misalignments are an unseen force, driving increased utility costs and are the leading cause of 50% of unplanned downtime in rotating machines. A single 75 KW pump with an aligned offset of just 0.75mm increases utility costs by €1,624/$1,758 annually while also accelerating wear on bearings, seals, and couplings. With up to 90% of industrial equipment misaligned,...

Super Hi Reports Unaudited Financial Results for the First Quarter of 2025

Written by Customer Service on May 21, 2025. Posted in Earnings Releases And Operating Results.

SINGAPORE, May 21, 2025 (GLOBE NEWSWIRE) — Super Hi International Holding Ltd. (NASDAQ: HDL and HKEX: 9658) (“Super Hi” or the “Company”), a leading Chinese cuisine restaurant brand operating Haidilao hot pot restaurants in the international market, today announced its unaudited financial results for the first quarter ended March 31, 2025. First Quarter 2025 HighlightsRevenue was US$197.8 million, representing an increase of 5.4% from US$187.6 million in the same period of 2024. In the first quarter of 2025, the Company further optimized its restaurant network by opening 4 new Haidilao restaurants and closing 3 underperforming restaurants. Total number of Haidilao restaurants expanded from 122 as of December 31, 2024 to 123 as of March 31, 2025. Total table turnover rate1 was 3.9 times per day, and same-store table turnover rate2...

Nykredit announces preliminary result of the takeover offer

Written by Customer Service on May 21, 2025. Posted in Mergers And Acquisitions.

Nykredit has announced the preliminary result of the takeover offer NOT FOR DIRECT OR INDIRECT RELEASE, PUBLICATION OR DISTRIBUTION IN OR TO ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBU-TION WOULD BE CONTRARY TO APPLICABLE LEGISLATION OR RULES OF SUCH JURISDICTION With reference to Spar Nord Bank A/S’ (Spar Nord) company announcement no. 1/2025 concerning the all-cash voluntary takeover offer from Nykredit Realkredit A/S (Nykredit) for all shares (other than treasury shares held by Spar Nord) in Spar Nord (the Offer), Nykredit has today announced the preliminary result of the Offer. Nykredit’s announcement is attached. Preliminary resultAccording to the terms and conditions of the Offer, the offer period expired on 20 May 2025 at 23:59 (CEST). Based on a preliminary and non-binding summation of acceptances, Nykredit...

Form 8.3 – [RENOLD PLC – Opening Disclosure – 20 05 2025] – (CGAML)

Written by Customer Service on May 21, 2025. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients)(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree RENOLD PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position...

Month: May 2025

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