Day: May 7, 2025

Radware Reports First Quarter 2025 Financial Results

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

First Quarter 2025 Financial Results and HighlightsRevenue of $72.1 million, an increase of 11% year–over–year Cloud ARR of $80 million, an increase of 19% year-over-year Non-GAAP diluted EPS of $0.27 vs. $0.16 in Q1 2024; GAAP diluted EPS of $0.10 vs. $(0.03) in Q1 2024 Cash flow from operations of $22.4 million in Q1 and $72.9 million over the trailing 12 monthsTEL AVIV, Israel, May 07, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced its consolidated financial results for the first quarter ended March 31, 2025. “We had a strong start to 2025 with first quarter revenue rising 11% year-over-year, marking our third consecutive quarter of double-digit growth. In addition, our strong non-GAAP EPS growth and...

Axalta Releases First Quarter 2025 Results

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

PHILADELPHIA, May 07, 2025 (GLOBE NEWSWIRE) — Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights:First quarter net sales of $1.26 billion Net income increased 154% year over year to $99 million; net income margin of 7.8% Record first quarter Adjusted EBITDA of $270 million, an increase of 4% year over year Adjusted EBITDA margin improved 140 basis points year over year to 21.4% Diluted EPS increased 150% to $0.45 and Adjusted Diluted EPS increased 16% to $0.59, first quarter records Won two Edison Awards™ and a BIG Innovation Award for technology advancements in automotive materials and electrical systemsFirst Quarter 2025 Consolidated Financial Results Net sales decreased 3% year...

Barrick Reports Solid Q1 Results and Progress on Strategic Growth Objectives

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

First Quarter 2025 ResultsAll amounts expressed in U.S. dollars unless otherwise indicated TORONTO , May 07, 2025 (GLOBE NEWSWIRE) — Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) (“Barrick” or the “Company”) today reported a solid start to the financial year, making significant headway on its long-term strategy and advancing its global portfolio of Tier One2 gold and copper assets. Net earnings per share increased 59% year-on-year to $0.27 with adjusted net earnings per share3 growing by 84% year-on-year to $0.35. Operating cash flow of $1.2 billion was also up 59% while free cash flow4 of $375 million improved materially compared to Q1 2024, driving net debt reduction of 5% over the quarter. The Board again approved a quarterly dividend of $0.10 per share while the Company repurchased $143 million of its shares, consistent...

After Strong Quarter, Radware Announces U.S. Expansion

Written by Customer Service on May 7, 2025. Posted in Public Companies.

Adds seasoned security leadership, dozens of new hires, new tech alliances; reinforces commitment to AI innovation MAHWAH, N.J., May 07, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, is executing an aggressive strategy to expand its market presence and accelerate growth across its cloud services business in the U.S. The company is making strategic new hires, adding tech alliances, and reinforcing its commitment to AI innovation. The announcement follows Radware’s report on its strong first quarter financial results. “Increasing business opportunities have led us to fast track an aggressive U.S. growth plan,” said Roy Zisapel, Radware’s president and chief executive officer. “We are doubling down our efforts in the region. This includes...

Taboola Reports Strong Q1 2025 Financial Results; Results Above High-End of Guidance Across All Key Metrics

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in delivering performance at scale for advertisers, today announced its results for the first quarter ended March 31, 2025. “We’re pleased to start the year off strong, coming in above our guidance across all key metrics,” said Adam Singolda, CEO of Taboola. “We’re building real momentum — fueled by disciplined execution, traction on our Realize platform, and a deep belief in our long-term opportunity. We’ll continue to invest where we see growth, return capital through share repurchases, and stay focused on becoming the leader in performance advertising beyond search and social.” First Quarter 2025 Financial Results(All comparisons are to the first quarter of 2024 unless otherwise noted.)Revenues of $427 million, an increase of 3%. Revenues were...

Stella-Jones Announces First Quarter Results

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

2023-2025 financial objectives remain unchangedSales of $773 million, relatively unchanged from Q1 2024 Operating income of $143 million, including insurance settlement of $38 million Strong EBITDA(1) of $179 million, or 23.2% margin(1), including 5% from insurance settlement Robust available liquidity of $691 million at quarter-end Acquisition post-quarter of a steel transmission structure manufacturer, aligned with strategy to support North American infrastructureMONTREAL, May 07, 2025 (GLOBE NEWSWIRE) — Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) today announced financial results for its first quarter ended March 31, 2025. “We delivered a strong EBITDA margin in the first quarter, reflecting the resilience and strength of our business through softer volumes,” said Eric Vachon, President and Chief Executive...

Barrick Reports Share Repurchases and Declares Q1 Dividend

Written by Customer Service on May 7, 2025. Posted in Dividend Reports And Estimates.

All amounts expressed in US dollars TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) (“Barrick” or the “Company”) today announced the declaration of a dividend of $0.10 per share for the first quarter of 2025. The dividend is consistent with the Company’s Performance Dividend Policy announced at the start of 2022. The Q1 2025 dividend will be paid on June 16, 2025 to shareholders of record at the close of business on May 30, 2025. In addition to the quarterly dividend, Barrick repurchased approximately 7.69 million shares during Q1 under the share buyback program that was announced in February 2025. “Our operating performance and growing margins have allowed us to provide significant returns to shareholders during the quarter through the combination of dividends and share buybacks at a compelling...

Magnera Reports Second Quarter Results – Provides Updated Outlook

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

Second Quarter HighlightsGAAP: Net sales of $824 million, Operating income of $4 million Non-GAAP: Adjusted EBITDA of $89 million, Post-merger adjusted free cash flow $42 million Reaffirming post-merger adjusted free cash flow range & lowering full year comparable Adjusted EBITDA rangeCHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) — Magnera (NYSE: MAGN), a global leader in specialty materials for the consumer products and personal care markets, today reported financial results for its fiscal 2025 second quarter ended March 29, 2025. Curt Begle, Magnera’s CEO, commented: “This quarter underscores the resilience of our business as we navigate ongoing global economic uncertainty. Our team has transitioned from stabilizing the business through a disciplined integration plan to actively executing on identified optimization...

Potential U.S. Tariffs on Pharmaceuticals Expected to Have Minimal Impact on Alvotech’s Product Revenues in 2025

Written by Customer Service on May 7, 2025. Posted in Public Companies.

REYKJAVIK, Iceland, May 07, 2025 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO) (the “Company”) a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today issued a statement on the anticipated impact of potential tariffs on imported pharmaceuticals to the United States. Alvotech expects that potential U.S. tariffs on imported pharmaceuticals should have minimal impact on the Company’s product revenues in 2025. Alvotech manufactures its biosimilars in Iceland, a country which currently faces the minimum tariff of 10% on goods imported to the U.S. A 10% tariff on pharmaceuticals would raise the cost of biosimilars from Alvotech imported to the U.S. for customers by less than 1% of Alvotech’s expected total product revenues in 2025. Furthermore, according to contracted...

Potential U.S. Tariffs on Pharmaceuticals Expected to Have Minimal Impact on Alvotech’s Product Revenues in 2025

Written by Customer Service on May 7, 2025. Posted in Public Companies.

Alvotech (NASDAQ: ALVO) (the “Company”) a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today issued a statement on the anticipated impact of potential tariffs on imported pharmaceuticals to the United States. Alvotech expects that potential U.S. tariffs on imported pharmaceuticals should have minimal impact on the Company’s product revenues in 2025. Alvotech manufactures its biosimilars in Iceland, a country which currently faces the minimum tariff of 10% on goods imported to the U.S. A 10% tariff on pharmaceuticals would raise the cost of biosimilars from Alvotech imported to the U.S. for customers by less than 1% of Alvotech’s expected total product revenues in 2025. Furthermore, according to contracted terms, customers are responsible for all costs of transport...

Day: May 7, 2025

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