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Day: May 8, 2025

Microchip Technology Announces Financial Results For Fourth Quarter and Fiscal Year 2025

For the quarter ended March 31, 2025Net sales of $970.5 million, declined 5.4% sequentially and 26.8% from the year ago quarter.  The midpoint of our guidance provided on February 6, 2025 was net sales of $960.0 million. On a GAAP basis: gross profit of 51.6%; operating loss of $100.3 million and 10.3% of net sales; net loss attributable to common stockholders of $156.8 million; and loss of $0.29 per diluted share. Our guidance provided on February 6, 2025 was for GAAP loss per diluted share of $0.24 to $0.14 and did not include the restructuring charges that we announced on March 3, 2025 or the preferred stock dividend related to our mandatory convertible preferred stock financing in March 2025. On a Non-GAAP basis: gross profit of 52.0%; operating income of $136.0 million and 14.0% of net sales; net income of $61.4 million; and EPS...

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FTAI Infrastructure Inc. Reports First Quarter 2025 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the first quarter 2025. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview(in thousands, except per share data)Selected Financial Results Q1’25Net Income Attributable to Stockholders $ 109,724Basic Earnings per Share of Common Stock $ 0.95Diluted Earnings per Share of Common Stock $ 0.89Adjusted EBITDA (1) $ 155,219Adjusted EBITDA – Four core segments (1)(2) $ 164,512Gain on Long Ridge Transaction $ 119,952_______________________________ (1)   For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this...

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Comstock Announces First Quarter 2025 Results and Corporate Updates

Metals Recycling Revenues Soar VIRGINIA CITY, Nev., May 08, 2025 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock,” “our,” and the “Company”), today announced its first quarter 2025 results, business updates and an updated 2025 business outlook. “Solar panel recycling is a win-win-win – good for consumers, the economy, and our planet,” said Evelyn Butler, Vice President of Technical Services at the Solar Energy Industries Association (SEIA). “We congratulate Comstock Metals on this achievement – one of our Preferred Recycling Partners – and we look forward to continuing this partnership for the benefit of the entire solar energy industry.” Comstock Metals was certified to the R2v3/RIOS Responsible Recycling Standard by SERI. Selected Segment Highlights for the First Quarter of 2025 Comstock MetalsRecorded billings of...

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VALHI REPORTS FIRST QUARTER 2025 RESULTS

Dallas, Texas, May 08, 2025 (GLOBE NEWSWIRE) — Valhi, Inc. (NYSE: VHI) reported net income attributable to Valhi stockholders of $16.9 million, or $.59 per share, in the first quarter of 2025 compared to net income of $7.8 million, or $.27 per share, in the first quarter of 2024. Net income attributable to Valhi stockholders increased in the first quarter of 2025 as compared to the first quarter of 2024 primarily due to higher operating results from the Chemicals Segment. As previously reported, effective July 16, 2024, the Chemicals Segment acquired the 50% joint venture interest in Louisiana Pigment Company, L.P. (“LPC”) previously held by Venator Investments, Ltd. Prior to the acquisition, the Chemicals Segment held a 50% joint venture interest in LPC. Following the acquisition, LPC became a wholly-owned subsidiary of the Chemicals...

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Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

CHANDLER, Ariz., May 08, 2025 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 45.5 cents per share. The dividend is payable on June 5, 2025, to stockholders of record on May 22, 2025. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. About Microchip: Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company’s solutions serve approximately...

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Progyny, Inc. Announces First Quarter 2025 Results

Reports Record Revenue of $324.0 Million, Reflecting 16.5% GrowthRaises Full Year Guidance Due to Strong Start to the YearEarly Selling Season Activity Reflects Ongoing Demand in Women’s Health and Family Building Solutions NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) — Progyny, Inc. (Nasdaq: PGNY) (“Progyny” or the “Company”), a global leader in women’s health and family building solutions, today announced its financial results for the three-month period ended March 31, 2025 (“the first quarter of 2025”) as compared to the three-month period ended March 31, 2024 (“the first quarter of 2024” or “the prior year period”). “We’re pleased with the strong start to the year, highlighted by both our solid financial results as well as the progress made with our investments to expand the platform and extend our leading position as...

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Altus Group Reports Q1 2025 Financial Results

Delivers resilient recurring revenue performance and sustained margin expansion in Q1 2025; accelerates pace of share buyback TORONTO, May 08, 2025 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group” or “the Company”) (TSX: AIF), a leading provider of commercial real estate (“CRE”) intelligence, announced today its financial and operating results for the first quarter ended March 31, 2025. “Our strong performance in Q1 demonstrates the continued execution of our growth initiatives and our commitment to delivering value to stakeholders,” said Jim Hannon, Chief Executive Officer. “We successfully launched Benchmark Manager, signed dozens of asset-based pricing agreements, and achieved significant software bookings growth despite lower CRE transaction volumes year-over-year. Margin expanded across all business...

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INmune Bio Inc. Announces First Quarter 2025 Results and Provides Business Update

Conference Call Today at 4:30pm ET BOCA RATON, Fla., May 08, 2025 (GLOBE NEWSWIRE) — INmune Bio Inc. (NASDAQ: INMB) (the “Company”), a clinical-stage biotechnology company targeting inflammation and immunology through the innate immune system, today announces its financial results for the quarter ended March 31, 2025 and provides a business update. Q1 2025 and Recent Corporate Highlights   DN-TNF Platform Highlights (XPro™):Top-line results from the MINDFuL phase 2 trial in Alzheimer’s expected in the second half of June. Presented baseline demographics and disease profiles of participants in the MINDFuL phase II study at the annual International Conference on Alzheimer’s and Parkinson’s Diseases and Related Neurologic Disorders.CORDStrom™ Platform:Announced plans to submit a Biologics License Application (BLA)...

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Monster Beverage Reports 2025 First Quarter Results

2025 First Quarter HighlightsGross Profit as a Percentage of Net Sales Improves to 56.5 Percent Operating Income Increases 5.1 Percent to $569.7 Million (7.9 Percent to $591.2 Million, Exclusive of the Alcohol Brands Segment, Non-GAAP) Net Income Per Diluted Share Increases 7.4 Percent to $0.45 (10.2 Percent to $0.47, Exclusive of the Alcohol Brands Segment, Non-GAAP)The tables at the end of this press release provide a reconciliation of non-GAAP financial measures to the Company’s results, as reported under GAAP. (See “Reconciliation of GAAP and Non-GAAP Information” below). CORONA, Calif., May 08, 2025 (GLOBE NEWSWIRE) — Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2025. Net sales for the 2025 first quarter were negatively impacted by bottler/distributor...

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Autoscope Technologies Corporation Announces Financial Results, Dividend Declaration and 2025 Annual Meeting of Shareholders

MINNEAPOLIS, May 08, 2025 (GLOBE NEWSWIRE) — Autoscope Technologies Corporation (“AATC” or the “Company”) (OTCQX: AATC) today announced results for its quarter ended March 31, 2025. The Board of Directors has authorized and declared a quarterly cash dividend of $0.15 per share of its common stock. The dividend is payable on May 27, 2025 to the shareholders of record at the close of business on May 19, 2025. The Company also announced today that its Board of Directors will be holding the 2025 Annual Meeting of Shareholders on Thursday, June 5, 2025, at 10:00 a.m. Central Daylight Time. The annual meeting will be a completely virtual meeting of shareholders, which will be conducted via the Internet. The Board of Directors has fixed the close of business on April 21, 2025 as the record date for the determination of shareholders...

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