Day: May 19, 2025

RedCloud Reports Full Year 2024 Results

Written by Customer Service on May 19, 2025. Posted in Earnings Releases And Operating Results.

Increased momentum across key metrics, led by 135% YoY growth in 2024 revenue LONDON, May 19, 2025 (GLOBE NEWSWIRE) — Trading platform company RedCloud Holdings plc (RCT) (“RedCloud” or “The Company”) today reported its financial and business results for the full year 2024. Full Year 2024 Financial Highlights include: • FY 2024 Total Transaction Value (TTV) increased 111% to $2.5Bn. • FY 2024 Revenue increased 135% to $46.5 million. • Average ‘Transaction Based Revenue’ increased to 1.9% from 1.7%. RedCloud believes that data driven intelligence will enable the largest product inventories on Earth – Fast Moving Consumer Goods (FMCG) goods from food to pharmacy – to be traded in real-time by millions of businesses. Full Year 2024 business highlights include: • 184,731 products from 6,765 brands actively traded in bulk across the...

HomesToLife Ltd Announces Closing of Acquisition of HTL Marketing Pte Ltd

Written by Customer Service on May 19, 2025. Posted in Mergers And Acquisitions.

Singapore, May 19, 2025 (GLOBE NEWSWIRE) — HomesToLife Ltd (NASDAQ: HTLM) (“HomesToLife” or the “Company”), the holding company of one of the leading producers of home furniture products based in Singapore with sales across Asia-Pacific, Europe and North America regions, today announced the successful closing of the acquisition of 100% of equity interests in HTL Marketing Pte Ltd (“HTL Marketing”), a leading B2B procurer and supplier of premium upholstered sofas and leather materials for sofa manufacturing. The acquisition of HTL Marketing was announced on May 5, 2025. “We are thrilled to close this acquisition,” said HomesToLife Chief Executive Officer, Ms. Phua Mei Ming. “This transaction, we believe, will enable HomesToLife to become a major furniture industry entity accessing extensive global market opportunities and generating...

BIO-key and Cloud Distribution Co. Partner to Expand IAM and Biometric Security Solutions Across the Middle East

Written by Customer Service on May 19, 2025. Posted in Public Companies.

Cloud Distribution Co. Invests in Dedicated Resources to sell BIO-key’s Advanced Identity and Access Management Solutions to New Regional Markets in the Middle East WALL, N.J. and RIYADH, Saudi Arabia, May 19, 2025 (GLOBE NEWSWIRE) — BIO-key International, Inc. (NASDAQ: BKYI), a global leader in Identity and Access Management (IAM) and biometric authentication solutions, is pleased to announce a strategic partnership with Cloud Distribution Co., a prominent Value-Added Distributor (VAD) headquartered in Saudi Arabia, with operations across the Middle East. Cloud Distribution joins BIO-key’s Channel Alliance Partner (CAP) program to deliver BIO-key’s full suite of IAM and biometric authentication solutions to enterprises and public institutions in Saudi Arabia, the UAE, and across the region. This partnership strengthens BIO-key’s...

Mesa Air Group Reports First Quarter Fiscal 2025 Results

Written by Customer Service on May 19, 2025. Posted in Earnings Releases And Operating Results.

PHOENIX, May 19, 2025 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported first quarter fiscal 2025 financial and operating results. First Quarter Fiscal 2025 Update:Total operating revenues of $103.2 million Pre-tax loss of $116.3 million, net loss of $114.6 million, or $(2.77) per diluted share Adjusted net loss1 of $4.0 million2 excludes a $112.4 million loss related to the impairment and loss on sale of aircraft Adjusted EBITDAR1 of $12.6 million Operated at a 100.00% controllable completion factor3 Scheduled utilization for the quarter of 8.9 block hours per day“Mesa continued to have strong operational performance during the December 2024 quarter,” said Jonathan Ornstein, Mesa Chairman and CEO. “We are pleased to have flown a 100% controllable completion factor for United. We...

LanzaTech Announces First Quarter 2025 Financial Results

Written by Customer Service on May 19, 2025. Posted in Earnings Releases And Operating Results.

CHICAGO, May 19, 2025 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), a carbon management solutions company, today reported its financial and operating results for the first quarter of 2025. Key Takeaways:Reported total revenue of $9.5 million for the first quarter of 2025 as compared to $10.2 million for the first quarter of 2024. The year-over-year decrease was driven primarily by lower revenues in the biorefining and Joint Development Agreement (“JDA”) & Contract Research businesses, which was largely offset by a significant increase in CarbonSmart™ revenue. Continued to shift the Company’s core operations from research and development to the global deployment of LanzaTech’s commercially proven technology, with incremental actions being taken to sharpen the business...

H&E Rentals Provides Update on Quarterly Cash Dividend

Written by Customer Service on May 19, 2025. Posted in Dividend Reports And Estimates.

BATON ROUGE, La., May 19, 2025 (GLOBE NEWSWIRE) — H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a “H&E Rentals”) today announced at its recent quarterly meeting, the Company’s Board of Directors elected not to declare a regular quarterly cash dividend scheduled for payment to stockholders in June 2025. The decision follows continued progress with H&E’s pending merger transaction with Herc Holdings, Inc., which is expected to close in early-June 2025. About H&E Rentals Founded in 1961, H&E is one of the largest rental equipment companies in the nation. The Company’s fleet is comprised of aerial work platforms, earthmoving, material handling, and other general and specialty lines. H&E serves a diverse set of end markets in many high-growth geographies and...

Gilat Reports First Quarter 2025 Results

Written by Customer Service on May 19, 2025. Posted in Earnings Releases And Operating Results.

Revenues Increased 21% Year-over-Year with Adjusted EBITDA of $7.6 Million Reiterates Guidance for 2025 PETAH TIKVA, Israel, May 19, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter, ended March 31, 2025. First Quarter 2025 Financial HighlightsRevenues of $92million, up 21% compared with $76.1million in Q12024; GAAP operating loss of $2.7 million,compared with GAAP operating income of $5.4 million in Q1 2024 mainly due to a loss of about $3.6 million from Gilat Stellar Blu’s ramp up process, amortization of purchased intangibles derived from the Stellar Blu acquisition, and other operating expenses, related to earnout liabilities and one-time acquisition-related costs; Non-GAAP...

Dimensional Fund Advisors Ltd. : Form 8.3 – BAKKAVOR GROUP PLC – Ordinary Shares

Written by Customer Service on May 19, 2025. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3. (b) Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree Bakkavor...

Pharvaris to Present Deucrictibant Clinical Data and Exploratory Biomarker Data at Upcoming Congresses

Written by Customer Service on May 19, 2025. Posted in Public Companies.

ZUG, Switzerland, May 19, 2025 (GLOBE NEWSWIRE) — Pharvaris (Nasdaq: PHVS), a late-stage biopharmaceutical company developing novel, oral bradykinin B2 receptor antagonists to help address unmet needs of those living with bradykinin-mediated diseases such as hereditary angioedema (HAE) and acquired angioedema due to C1 inhibitor deficiency (AAE-C1INH), today announced the acceptance of abstracts for presentation at three upcoming congresses: the 14th C1-Inhibitor Deficiency and Angioedema Workshop, to be held from May 29-June 1, 2025, in Budapest; the 2025 Eastern Allergy Conference (EAC), to be held from May 29-June 1, 2025, in Palm Beach, Fl.; and the European Academy of Allergy and Clinical Immunology (EAACI) Congress 2025, to be held from June 13-16, 2025, in Glasgow. Details of the presentations are as follows:C1-Inhibitor...

CBAK Energy Reports First Quater 2025 Unaudited Financial Results

Written by Customer Service on May 19, 2025. Posted in Earnings Releases And Operating Results.

DALIAN, China, May 19, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy,” or the “Company”) a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the first quarter ended March 31, 2025. First Quater of 2025 Financial Results Net revenues1 were $34.9 million, representing a decrease of 41% compared to $58.8 million in the same period of 2024. The substantial decline primarily stems from our Dalian facilities, where a major portion of customers are in the residential energy supply sector. These facilities are currently undergoing a product portfolio upgrade, transitioning from Model 26650 to Model 40135. Customers who previously purchased Model 26650 are now in a transitional phase of testing and validating the...

Day: May 19, 2025

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