Day: May 29, 2025

VANCOUVER, British Columbia, May 29, 2025 (GLOBE NEWSWIRE) — Central 1 Credit Union (Central 1) today reported its 2025 first quarter performance reflecting continued strength in its core fee-based revenue streams and a one-time provision associated with the transfer of its Digital Banking business. “This quarter, we finalized activities to support the transition of the digital banking side of our business, including the transfer of some employees to Intellect Design,” said Sheila Vokey, President & CEO of Central 1. “We are focused on our role to deliver reliable payments through a centralized platform of new APIs, core investments and financial products through our treasury team, and as a connector to critical financial services partners and major banking hosts in Canada. Central 1 remains focused on delivering long-term...

ISSAQUAH, Wash., May 29, 2025 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the third quarter (twelve weeks) and the first 36 weeks of fiscal 2025, ended May 11, 2025. Net sales for the quarter increased 8.0 percent, to $61.96 billion, from $57.39 billion last year. Net sales for the first 36 weeks increased 8.2 percent, to $185.48 billion, from $171.44 billion last year. Comparable sales for the third quarter and first 36 weeks of fiscal 2025 were as follows:  12 Weeks   12 Weeks   36 Weeks   36 Weeks        Adjusted*       Adjusted*  U.S. 6.6%   7.9%   6.7%   7.9%  Canada 2.9%   7.8%   4.4%   8.3%  Other International 3.2%   8.5%   3.2%   8.7%                   Total Company 5.7%   8.0%   5.9%   8.1%                   E-commerce 14.8%   15.7%   16.4%   17.2%  *Excluding...

SAN RAMON, Calif., May 29, 2025 (GLOBE NEWSWIRE) — CooperCompanies (Nasdaq: COO), a leading global medical device company, today announced financial results for its fiscal second quarter ended April 30, 2025.Revenue increased 6% year-over-year to $1,002.3 million. CooperVision (CVI) revenue up 5% to $669.6 million, and CooperSurgical (CSI) revenue up 8% to $332.7 million. GAAP diluted earnings per share (EPS) of $0.44, consistent with last year’s second quarter. Non-GAAP diluted EPS of $0.96, up $0.11 or 14% from last year’s second quarter. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, CooperCompanies’ President and CEO said, “This was another solid quarter driven by double-digit growth in CooperVision’s daily silicone hydrogel...

SANTA CLARA, Calif., May 29, 2025 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced first quarter fiscal 2026 financial results for the period ended April 30, 2025.Revenue for the first quarter of fiscal 2026 was $85.9 million, up 57.6% from $54.5 million in the same period in fiscal 2025. Gross margin under U.S. generally accepted accounting principles (GAAP) for the first quarter of fiscal 2026 was 60.0%, compared with 60.9% for the same period in fiscal 2025. GAAP net loss for the first quarter of fiscal 2026 was $24.3 million, or loss per diluted ordinary share of $0.58, compared with a GAAP net loss of $37.9 million, or loss per diluted ordinary share of $0.93, for the same period in fiscal 2025.Financial results on a non-GAAP basis for the first quarter of fiscal 2026...

Third Quarter HighlightsRevenue grows 23% year-over-year to $678.0 million Calculated billings grows 25% year-over-year to $784.5 million Deferred revenue grows 26% year-over-year to $1,985.0 million GAAP net loss of $4.1 million compared to GAAP net income of $19.1 million on a year-over-year basis Non-GAAP net income of $136.8 million compared to non-GAAP net income of $113.0 million on a year-over-year basisSAN JOSE, Calif., May 29, 2025 (GLOBE NEWSWIRE) — Zscaler, Inc. (Nasdaq: ZS), the leader in cloud security, today announced financial results for its third quarter of fiscal year 2025, ended April 30, 2025. “We delivered outstanding Q3 results as an increasing number of customers adopt our expanding Zero Trust Exchange platform. We enable customers to realize Zero Trust Everywhere while lowering operational cost and...