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Day: May 6, 2025

ARRAY Technologies, Inc. Reports Financial Results for the First Quarter 2025

Strong operational execution drives first-quarter results above revenue and earnings guidance 2025 First Quarter HighlightsRevenue of $302.4 million Gross Margin of 25.3% Adjusted gross margin(1) of 26.5% Net income to common shareholders of $2.3 million Adjusted EBITDA(1) of $40.6 million Net income per basic and diluted share of $0.02 Adjusted net income per diluted share(1) of $0.13 Total executed contracts and awarded orders at March 31, 2025 were $2.0 billion Successfully amended and extended our Revolving Credit Facility(2)ALBUQUERQUE, N.M., May 06, 2025 (GLOBE NEWSWIRE) — ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, systems and services, today announced financial results for its first quarter ended March 31, 2025. “ARRAY is off to...

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Willis Lease Finance Corporation Reports First Quarter 2025 Financial Results

Delivers Pre-Tax Income of $25.3 Million and Record Quarterly Revenue of $157.7 Million Declares Second Quarter 2025 Dividend of $0.25 Per Share COCONUT CREEK, Fla., May 06, 2025 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced its financial results for the first quarter ended March 31, 2025. The Company also announced a quarterly dividend of $0.25 per share, payable on May 22, 2025, to shareholders of record as of the close of business on May 12, 2025. First Quarter 2025 Highlights (All metrics compared to first quarter 2024, except where noted)Total, record, quarterly revenues of $157.7 million, an increase of 32.5% Solid quarterly pre-tax income of $25.3 million Lease rent...

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Datadog Announces First Quarter 2025 Financial Results

First quarter revenue grew 25% year-over-year to $762 million Robust growth of larger customers, with about 3,770 $100k+ ARR customers, up from about 3,340 a year ago Announced 2025 DASH user conference, June 10-11, in New York City NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) — Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced financial results for its first quarter ended March 31, 2025. “Datadog executed solidly in the first quarter, with 25% year-over-year revenue growth, $272 million in operating cash flow, and $244 million in free cash flow,” said Olivier Pomel, co-founder and CEO of Datadog. Pomel added, “We are innovating rapidly across the Datadog platform, to help customers observe, secure, and act to solve mission-critical business problems in their...

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Cipher Mining Provides First Quarter 2025 Business Update

First Quarter 2025 Revenue of $49m, up 16% quarter over quarter Signed term sheet with Fortress Credit Advisors to serve as the JV financing partner at Barber Lake Nearing completion of 150 MW Phase I infrastructure at Black Pearl First Quarter 2025 GAAP Net Loss of $39m, and Non-GAAP Adjusted Earnings of $6m NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) —  Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced its first quarter 2025 financial results, with an update on its operations and business strategy. “The first quarter was marked by disciplined execution and steady progress as we advanced our 2025 expansion plans,” said Tyler Page, CEO. “Notably, we’re thrilled to have partnered with Fortress, a best-in-class financing partner, to develop a next-generation data center at Barber Lake. Fortress will not only...

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First Watch Restaurant Group, Inc. Reports Q1 2025 Financial Results

Total revenues increased 16.4%Net loss of $(0.8) million and Adjusted EBITDA of $22.8 million13 new system-wide restaurants opened in 10 states BRADENTON, Fla., May 06, 2025 (GLOBE NEWSWIRE) — First Watch Restaurant Group, Inc. (NASDAQ: FWRG) (“First Watch” or the “Company”), the leading Daytime Dining concept serving breakfast, brunch and lunch, today reported financial results for the thirteen weeks ended March 30, 2025 (“Q1 2025”). “First quarter same restaurant traffic results are encouraging and continued the trends we experienced exiting 2024, demonstrating both the strength and the resilience of the First Watch brand,” said Chris Tomasso, CEO and President of First Watch. “Additionally, the continuing success from our new restaurant openings serves as a significant long-term value creator. Despite the uncertainty present...

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Sono Hits the Road: Confirmed Trade Show Appearances Across Europe in 2025

From Munich to Brussels: Meet the Team Driving Solar Innovation in Commercial Transport Munich, Germany, May 06, 2025 (GLOBE NEWSWIRE) — The solar technology company Sono Group N.V. (OTCQB: SEVCF) (hereafter referred to as “Sono Group” or “Sono”, parent company to Sono Motors GmbH or “Sono Motors”) is pleased to announce its confirmed participation in several major European trade shows throughout 2025. These events span key markets in commercial transportation, public transit, and logistics, providing Sono with a strong platform to showcase its solar integration technology for trucks, trailers, buses, and coaches. Sono will be present at the following trade shows in 2025: – Transport Logistic – Munich, Germany – JuneAs Europe’s leading platform for logistics, mobility, and supply chain management, this event offers Sono a...

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Neuronetics Reports First Quarter 2025 Financial and Operating Results

MALVERN, Pa., May 06, 2025 (GLOBE NEWSWIRE) — Neuronetics, Inc., (NASDAQ: STIM) (the “Company” or “Neuronetics”) a vertically integrated, commercial stage, medical technology and healthcare company with a strategic vision of transforming the lives of patients whenever and wherever they need help, with the leading neurohealth therapies in the world, today announced its financial and operating results for the first quarter of 2025. First Quarter 2025 HighlightsFirst quarter 2025 revenue of $32.0 million, an 84% increase as compared to the first quarter 2024, primarily driven by the Greenbrook acquisition U.S. clinic revenue of $18.7 million in the quarter representing Greenbrook clinic revenue U.S. treatment session revenue of $9.6 million U.S. NeuroStar Advanced Therapy System revenue of $2.8 million Completed secondary offering,...

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Xometry Reports First Quarter 2025 Results

Q1 revenue increased 23% year-over-year to a record $151 million driven by robust marketplace growth. Q1 marketplace revenue increased 27% year-over-year, a 700 basis point acceleration from Q4 2024, driven by strong U.S. enterprise growth. Q1 gross profit increased 18% year-over-year to $56.3 million. Q1 marketplace gross profit increased 26% year-over-year. Q1 Adjusted EBITDA improved $7.5 million year-over-year to Adjusted EBITDA of $0.1 million. 2025 growth initiatives include: expanding buyer and supplier networks; driving deeper enterprise engagement; further expanding the marketplace platform; growing internationally and enhancing supplier services.NORTH BETHESDA, Md., May 06, 2025 (GLOBE NEWSWIRE) — Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace digitizing manufacturing and driving greater supply chain...

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Vivid Seats Reports First Quarter 2025 Results

CHICAGO, May 06, 2025 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today provided financial results for the first quarter ended March 31, 2025. “In the first quarter we continued to see robust competitive intensity and softening industry trends amidst consumer uncertainty,” said Stan Chia, Vivid Seats CEO. “Despite these headwinds, we remain confident in the resiliency of our industry and the long-term tailwinds driving North American live events. Our historical approach has been to execute with disciplined rigor and focus on the things we can control. In this shifting environment, we are focused on operational discipline to manage...

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ANOTHER STRONG START TO THE YEAR SUSTAINED BY PRODUCT MIX

Net revenues of Euro 1,791 million, up 13.0% versus prior year, with total shipments of 3,593 units Operating profit (EBIT)(1) of Euro 542 million, up 22.7% versus prior year, with Operating profit (EBIT) margin of 30.3% Net profit of Euro 412 million and diluted EPS at Euro 2.30 EBITDA(1) of Euro 693 million, up 14.6% versus prior year, with EBITDA margin of 38.7% Industrial free cash flow(1) generation of Euro 620 million“Another year is off to a great start” said Benedetto Vigna, CEO of Ferrari. “In the first quarter of 2025, with very few incremental shipments year on year, all key metrics recorded double-digit growth, underscoring a strong profitability driven by our product mix and continued demand for personalizations. This confirms – once again – our strategy of ‘quality of revenues over quantity’. We continue to enrich our...

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