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Day: May 6, 2025

Supernus Announces First Quarter 2025 Financial Results

First quarter 2025 net sales of Qelbree® increased 44% to $64.7 million, compared to the same period in 2024. First quarter 2025 net sales of GOCOVRI® increased 16% to $30.7 million, compared to the same period in 2024. First quarter 2025 total revenues increased 4% to $149.8 million, compared to the same period in 2024. First quarter 2025 total revenues excluding Trokendi XR® and Oxtellar XR® net sales (non-GAAP)(1) increased 26% compared to the first quarter of 2024. First quarter 2025 operating loss of $(10.3) million, compared to operating loss of $(3.2) million in 2024. First quarter adjusted operating earnings (non-GAAP)(1) increased 16% to $25.9 million. ONAPGO™ (apomorphine hydrochloride) launched in the U.S. in April 2025. The Company reiterates full year 2025 financial guidance.ROCKVILLE, Md., May 06, 2025 (GLOBE...

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Pennant Reports First Quarter 2025 Results

Conference Call and Webcast scheduled for tomorrow, May 7, 2025 at 10:00 am MT EAGLE, Idaho, May 06, 2025 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced its operating results, reporting GAAP diluted earnings per share of $0.22 for the first quarter of 2025. Pennant also reported adjusted diluted earnings per share of $0.27 for the quarter(1). First Quarter HighlightsTotal revenue for the first quarter was $209.8 million, an increase of $52.9 million or 33.7% over the prior year quarter;Net income for the first quarter was $7.8 million, an increase of $2.9 million or 58.5% over the prior year quarter;Adjusted net income for the first quarter was $9.6 million, an increase of $3.7 million or 61.4%...

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Devon Energy Reports First-Quarter 2025 Results and Declares Quarterly Dividend

OKLAHOMA CITY, May 06, 2025 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2025. The company also declared its quarterly dividend and provided an updated 2025 outlook. Devon’s earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com. The company’s first-quarter conference call will be held at 10:00 a.m. Central time (11:00 a.m. Eastern time) on Wednesday, May 7, 2025, and will serve primarily as a forum for analyst and investor questions and answers. ABOUT DEVON ENERGY Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin....

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Gulf Island Reports First Quarter 2025 Results

THE WOODLANDS, Texas, May 06, 2025 (GLOBE NEWSWIRE) — Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced its results for the first quarter 2025. FIRST QUARTER 2025 SUMMARYConsolidated revenue of $40.3 million Consolidated net income of $3.8 million; Consolidated EBITDA of $4.5 million Services division operating income of $1.6 million; EBITDA of $2.1 million Fabrication division operating income of $3.8 million; EBITDA of $4.5 million Entered into agreement in April to acquire certain assets of ENGlobal Corporation (“ENG”) relating to its automation, engineering and government services businessesSee “Non-GAAP Measures” below for the Company’s definition of EBITDA and reconciliations of the relevant...

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INNOVATE Corp. Announces First Quarter 2025 Results

– Infrastructure: DBM Global first quarter revenue of $264.9 million –– Life Sciences: MediBeacon® Transdermal GFR (“TGFR”) System Received FDA Approval to Assess Kidney Function –– Spectrum: Expects commercial opportunities in datacasting to generate revenue by the end of the year – NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) — INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE) announced today its consolidated results for the first quarter. Financial Summary(in millions, except per share amounts) Three Months Ended March 31,    2025       2024     Increase / (Decrease)Revenue $ 274.2     $ 315.2     (13.0) %Net loss attributable to common stockholders and participating preferred stockholders $ (24.8 )   $ (17.7 )   (40.1) %Basic and diluted loss per share attributable to common...

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Astera Labs Announces Financial Results for the First Quarter of Fiscal Year 2025

Record quarterly revenue of $159.4 million, up 13% QoQ and 144% YoY Strong demand for PCIe scale-up and Ethernet scale-out in custom ASIC platforms PCIe 6 connectivity portfolio poised to ramp in leading GPU-based rack-scale systems starting in Q2SANTA CLARA, Calif., May 06, 2025 (GLOBE NEWSWIRE) — Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for cloud and AI infrastructure, today announced preliminary financial results for the first quarter of fiscal year 2025, ended March 31, 2025. “Astera Labs started the year strong, with Q1 revenue growing 13% sequentially and 144% year-over-year, and exceeding our first quarter guidance for gross margin and earnings per share,” said Jitendra Mohan, Astera Labs’ Chief Executive Officer. “Our design wins across AI platforms, expanding...

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Opendoor Announces First Quarter of 2025 Financial Results

SAN FRANCISCO, May 06, 2025 (GLOBE NEWSWIRE) — Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its first quarter ended March 31, 2025. Opendoor’s first quarter 2025 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports. “We’ve spent the last decade building a modern real estate platform—designed to deliver simplicity, certainty, and a customer-first experience. We entered 2025 with a clear plan to drive toward profitability while strengthening our product experience and platform. Our first-quarter results reflect disciplined execution: we...

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authID Announces Pricing of Approximately $2,100,000 Million Registered Direct Offering

DENVER, May 06, 2025 (GLOBE NEWSWIRE) — authID Inc. (NASDAQ: AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, today announced it has entered into a definitive agreement with investors to sell approximately 373,060 shares of its common stock (the “Shares”), pursuant to a registered direct offering (the “Registered Direct Offering”). The purchase price for one Share will be $5.60. The aggregate gross proceeds from the Offering are expected to be approximately $2,100,000 million before deducting placement agent fees and other offering expenses. The closing of the Registered Direct Offering is expected to occur on or about May 7, 2025, subject to the satisfaction of customary closing conditions. Dominari Securities LLC and Madison Global Partners, LLC, acted as Co-Placement...

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EMGS: Summons for written resolution in relation to Elec ASA 18/25 FRN USD FLOOR STEP C CONV

Reference is made to the stock exchange notification published by Electromagnetic Geoservices ASA (“EMGS” or the “Company”) on 6 May 2025 regarding the Siem Day transaction, including the information therein regarding a proposed extension of the maturity date for Elec ASA 18/25 FRN USD FLOOR STEP C CONV (“EMGS03”) as well as certain other proposed amendments to the bond terms related to the transaction. Attached hereto is a summons for a written resolution by the bondholders in EMGS03. The proposed amendments are supported by bondholders holding a number of bonds sufficient to approve the proposed written resolution. ContactAnders Eimstad, CFO, +47 948 25 836 This information is published in accordance with the Norwegian Securities Trading Act § 5-12. About EMGSEMGS, the marine EM market leader, uses its proprietary...

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Draganfly to Host Shareholder Update Call on May 8, 2025

Saskatoon, SK, May 06, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading developer of drone solutions and systems, today announced that it will host a shareholder update call on May 8, 2025, at 5:30 p.m. EST. Draganfly CEO, Cameron Chell will lead the call, providing an overview of the Company’s first quarter milestones. CFO Paul Sun will present the Company’s Q1 2025 financial results, which are scheduled for release after market close on May 8, 2025. Pre-submitted investor questions will also be addressed during the call. Registration for the call can be accessed here. Investors are encouraged to submit their questions in advance to: investor.relations@draganfly.com. About Draganfly Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A)...

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