Day: May 1, 2025

DTE Energy reports first quarter accomplishments, investments and earnings

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

Continued significant investment to improve reliability and transition to cleaner generation; on track to invest $4.4 billion into our utilities in 2025 Began operations of Michigan’s largest battery energy storage system Boosted small businesses with energy efficiency upgrade grants Recognized as a Gallup Exceptional Workplace for 13th consecutive yearDETROIT, May 01, 2025 (GLOBE NEWSWIRE) — DTE Energy (NYSE: DTE) today reported that it invested over $850 million into its utilities in the first quarter of 2025 and is on track to invest $4.4 billion this year to improve electric reliability, generate more renewable energy and ensure continued safe and reliable natural gas service for its customers. The company also reported first quarter earnings of $445 million or $2.14 per diluted share, compared with $313 million, or $1.51...

Altisource Announces First Quarter 2025 Financial Results

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

LUXEMBOURG, May 01, 2025 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the first quarter 2025. “We are pleased with our first quarter performance as we continue to drive year-over-year and sequential Service revenue and Adjusted EBITDA(1) growth primarily from the ramp of our Renovation Business, stronger foreclosure starts and sales wins. Compared to the first quarter of last year, we grew total Company service revenue by 11% to $40.9 million and Adjusted EBITDA(1) by 14% to $5.3 million. Adjusted EBITDA(1) growth outpaced Service revenue growth from scale benefits and favorable revenue mix. In February 2025, we closed on an exchange and maturity extension...

Crane NXT Completes Acquisition of De La Rue Authentication Solutions

Written by Customer Service on May 1, 2025. Posted in Mergers And Acquisitions.

WALTHAM, Mass., May 01, 2025 (GLOBE NEWSWIRE) — Crane NXT, Co. (NYSE: CXT) (“Crane NXT” or the “Company”), a premier industrial technology company, today announced it has completed its acquisition of De La Rue Authentication Solutions, a global leader in security and authentication technologies, complementing the authentication and online brand protection solutions of OpSec Security (“OpSec”) and expanding the Company’s portfolio to include security technologies for government-issued identification documents and credentials. Aaron W. Saak, Crane NXT’s President and CEO, stated: “We are excited to welcome the De La Rue Authentication Solutions team to Crane NXT. The Authentication Solutions business is an excellent strategic fit with our Security and Authentication Technologies segment, and further enhances...

Critical One Secures Valuable Historical Data for Howells Lake Antimony and Gold Discovery Area

Written by Customer Service on May 1, 2025. Posted in Public Companies.

TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One”, or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that the Company has been successful in tracking down and securing an extensive collection of historical records for exploration work carried out on the Howells Lake Antimony-Gold Project (“Howells Lake Project”) in the Thunder Bay Mining Division of Ontario, Canada. These historical exploration records include assay data from work dating back to the discovery of high-grade antimony and gold mineralization in 1979, more than 40 years ago. “It is evident that the exploration work conducted during this period was of the highest quality,” said Duane Parnham, Executive Chairman and CEO. “It was systematically performed to evaluate the geological...

Enviri Corporation Reports First Quarter 2025 Results

Written by Customer Service on May 1, 2025. Posted in Public Companies.

First quarter revenues totaled $548 million GAAP consolidated loss from continuing operations of $11 million Q1 diluted loss per share from continuing operations of $0.15, including favorable impacts resulting from an amendment to a long-term engineered to order contract in Harsco Rail Adjusted EBITDA in Q1 totaled $67 million supported by record first quarter performance at Clean Earth Reaffirms 2025 Adjusted EBITDA guidance range at $305 million to $325 million and free cash flow outlook at range of $30 million to $50 millionPHILADELPHIA, May 01, 2025 (GLOBE NEWSWIRE) — Enviri Corporation (NYSE: NVRI) (the “Company”) today reported first quarter 2025 results. Revenues in the first quarter of 2025 totaled $548 million, and on a U.S. GAAP (“GAAP”) basis, the consolidated loss from continuing operations...

First Commonwealth Completes Acquisition of CenterGroup Financial, Inc.

Written by Customer Service on May 1, 2025. Posted in Mergers And Acquisitions.

INDIANA, Pa., May 01, 2025 (GLOBE NEWSWIRE) — First Commonwealth Financial Corporation (NYSE: FCF) (“First Commonwealth”) today announced that it has completed its previously announced acquisition of CenterGroup Financial, Inc. (“CenterGroup”), the parent company of Milford, Ohio-based CenterBank. “We are pleased to announce the completion of the merger with CenterBank and are excited to expand our presence in the Cincinnati market,” said President and Chief Executive Officer T. Michael Price. “CenterBank has built a strong reputation as a business-focused community bank, and we look forward to welcoming our new CenterBank teammates and clients as we build upon their success.” Following a full systems conversion in June 2025, CenterBank customers will be able to access First Commonwealth’s network of 55,000 surcharge-free ATMs...

Garrett Motion Reports First Quarter 2025 Financial Results; Wins First Major Series Production Award For Electric Motors

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

First Quarter 2025 Financial HighlightsNet sales totaled $878 million, down 4% on a reported basis and down 2% on a constant currency* basis Net income totaled $62 million; Net income margin of 7.1% Adjusted EBIT* totaled $131 million; Adjusted EBIT margin* of 14.9% Net cash provided by operating activities totaled $56 million Adjusted free cash flow* totaled $36 million Reiterating full-year outlookFirst Quarter 2025 Business HighlightsContinue to win across all turbo, plug-in hybrids and range extended electric vehicle applications Secured new wins in Asia and Europe for commercial vehicles and industrial power generation applications Won first major series production award for electric motors with industry-leading supplier, production expected to start in 2027PLYMOUTH, Mich. and ROLLE, Switzerland, May 01, 2025 (GLOBE NEWSWIRE)...

TC Energy reports solid first quarter 2025 results

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

Expect to place approximately $8.5 billion of projects into service in 2025, tracking to roughly 15 per cent under budget Announced $2.4 billion of new natural gas and nuclear power generation growth projects CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its first quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “As natural gas and electricity are forecasted to drive the majority of growth in final energy consumption through 2035, we are pleased to announce two new growth projects that represent strategic investments in North America’s energy future. We have approved the Northwoods project on our ANR system, designed to serve electric generation demand in the U.S. Midwest, including data centres...

CNH Industrial N.V. Reports First Quarter 2025 Results

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

First quarter consolidated revenues were $3.8 billion on lower industry demand First quarter diluted EPS at $0.10 Results reflect continued execution of cost saving initiatives partially offsetting market headwinds Updated guidance reflects macroeconomic uncertainty from the global trade environment Basildon, UK – May 1, 2025 – CNH Industrial N.V. (NYSE: CNH) today reported results for the three months ended March 31, 2025, with net income of $132 million and diluted earnings per share of $0.10 compared with net income of $369 million and diluted earnings per share of $0.29 for the three months ended March 31, 2024(1). Consolidated revenues were $3.83 billion (down 21% compared to Q1 2024), and net sales of Industrial Activities were $3.17 billion (down 23% compared to Q1 2024). Net cash provided by operating activities was...

Agios Reports First Quarter 2025 Financial Results and Recent Business Highlights

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

– U.S. Regulatory Filing Under Active Review for Approval of PYRUKYND® (mitapivat) in Thalassemia, with PDUFA Goal Date of September 7, 2025 – – Phase 3 RISE UP Study of Mitapivat in Sickle Cell Disease On Track, with Topline Results Expected in Late 2025; Potential U.S. Commercial Launch in 2026 – – Tebapivat Advancing in Clinical Trials for Lower-Risk Myelodysplastic Syndromes (LR-MDS) and Sickle Cell Disease – – PYRUKYND Net Revenue of $8.7 Million in Q1; Cash, Cash Equivalents and Marketable Securities of $1.4 Billion as of March 31, 2025 – CAMBRIDGE, Mass., May 01, 2025 (GLOBE NEWSWIRE) — Agios Pharmaceuticals, Inc. (Nasdaq: AGIO), a leader in cellular metabolism and pyruvate kinase (PK) activation pioneering therapies for rare diseases, today reported business highlights and financial results for the first quarter ended...

Day: May 1, 2025

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