Day: May 7, 2025

KING OF PRUSSIA, Pa., May 07, 2025 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its first quarter ended March 31, 2025. “Vertex continued to perform well in the first quarter, setting us up for a strong 2025,” said David DeStefano, Vertex’s President, Chief Executive Officer and Chairperson of the Board. “Our financial results were in line with our expectations for the quarter, and we made solid progress on key strategic initiatives including e-invoicing and artificial intelligence. We remain very optimistic for our financial outlook for 2025 and our long-term market opportunity in the indirect tax automation space, despite recent geopolitical and market events.” DeStefano added, “Our investment in Kintsugi...

SPOKANE, Wash., May 07, 2025 (GLOBE NEWSWIRE) — Avista Corp. (NYSE: AVA) today announced financial results for the first quarter of 2025. Net income and earnings per diluted share for the first quarter of 2025 compared to the first quarter of 2024 are presented in the table below (dollars in millions, except per-share data):    2025     2024  Net Income (Loss) by:            Reportable Segments            Avista Utilities   $ 78     $ 67  AEL&P     4       4  Other non-reportable segment loss     (3 )     —  Total net income   $ 79     $ 71  Earnings (Loss) per Diluted Share:            Reportable Segments            Avista Utilities   $ 0.97     $ 0.86  AEL&P     0.04       0.05  Other non-reportable segment loss     (0.03 )     —  Total earnings per diluted share   $ 0.98     $ 0.91  “Strong...

CALGARY, Alberta, May 07, 2025 (GLOBE NEWSWIRE) — TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the first quarter ended March 31, 2025. “Our business delivered strong operational performance across the fleet during the first quarter. While the Company’s merchant portfolio in Alberta was partially impacted by softer power prices, our hedging strategy and active asset optimization continued to generate realized prices well above spot prices,” said John Kousinioris, President and Chief Executive Officer of TransAlta. “We have a unique and diversified generating fleet that is complemented by a highly skilled energy marketing and trading team. Though we are operating within a challenging pricing environment in Alberta, our assets continue to perform...

HOBOKEN, N.J., May 07, 2025 (GLOBE NEWSWIRE) — The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, today reported financial results for its fiscal third quarter ended March 31, 2025. In a separate release today, the Company announced a CEO transition and strategic review of the Company’s portfolio. “We are disappointed with our third quarter results, which fell far short of our expectations primarily due to worse-than-expected performance in North America. Despite the shortfall in net sales in the quarter, we are encouraged by a return to organic net sales growth in our international segment and continued progress in reducing net debt,” said Alison Lewis, Interim President and CEO. “Going forward, we are focused...

Announces Completion of Acquisition of Kurt Geiger LONG ISLAND CITY, N.Y., May 07, 2025 (GLOBE NEWSWIRE) — Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the first quarter ended March 31, 2025. Amounts referred to as “Adjusted” are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. First Quarter 2025 ResultsRevenue increased 0.2% to $553.5 million, compared to $552.4 million in the same period of 2024. Gross profit as a percentage of revenue was 40.9%, compared to 40.7% in the same period of 2024. Operating expenses as a percentage of revenue were 32.0%, compared to 29.8% in the same period of 2024. Adjusted operating expenses as a percentage of revenue...

Q1’25 revenue growth of 2.2% impacted by a combination of lower transaction volume due to macro weakness and higher comparable float and political contributions in Q1’24 Q1’25 versus Q1’24 GAAP gross margin expansion continues on lower unit cost and despite lower year over year transaction volume growth Q1’25 versus Q1’24 net cash provided by operating activities swings to $7.4 million from a use of ($6.4) million in the year ago period The Company sustains strong balance sheet with cash and marketable securities of $389.3 millionCHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for...

This news release constitutes a “Designated News Release” incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis’ short form base shelf prospectus dated December 9, 2024. ST. JOHN’S, Newfoundland and Labrador, May 07, 2025 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its first quarter results.1 HighlightsFirst quarter net earnings of $499 million or $1.00 per common share, up from $459 million or $0.93 per common share in 2024 Capital expenditures2 of $1.4 billion in the first quarter; $5.2 billion annual capital plan on track Regulatory approval received for FortisBC’s 2025-2027 rate framework“We...

SCOTTSDALE, Ariz., May 07, 2025 (GLOBE NEWSWIRE) — LifeStance Health Group, Inc. (Nasdaq: LFST), one of the nation’s largest providers of outpatient mental healthcare, today announced financial results for the first quarter ended March 31, 2025. (All results compared to prior-year comparative period, unless otherwise noted)Q1 2025 Highlights and FY 2025 OutlookRevenue of $333.0 million increased 11% compared to revenue of $300.4 million Clinician base increased 10% to 7,535 clinicians, a sequential net increase of 152 in the first quarter First quarter visit volumes increased 10% to 2.1 million Net income of $0.7 million compared to net loss of $21.1 million Net cash used in operations of $3.1 million in the first quarter Adjusted EBITDA of $34.6 million compared to Adjusted EBITDA of $27.7 million Free Cash Flow of negative...