Month: May 2025

27% Y/Y Growth in Digital Colocation Revenue in Q1 2025 24% Y/Y Growth in Energy Management Revenue in Q1 2025 Executed New Digital Colocation Customer Agreement in Q1 2025 for about 17,453 latest-generation ASICS or about 64 MW of compute capacity at Mawson’s facilities MIDLAND, Pa., May 15, 2025 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (“Mawson”, “the Company”), a publicly-traded technology company that offers digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets, today announced its financial and operational results for the first quarter ended March 31, 2025. Rahul Mewawalla, CEO and President of Mawson, said, “We are pleased to report continued strategic, operational, technological, and financial execution in the first...

MIAMI, May 15, 2025 (GLOBE NEWSWIRE) — Wrap Technologies, Inc, (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in innovative public safety technologies and non-lethal tools, today announced financial and operating results for the first quarter ended March 31, 2025. Q1 2025 Financial Results:Cash increased to $6.2 million, up from $3.6 million in Q1 2024 Margins increased over 21 points from 56.6% in Q1 2024 to 77.8% in Q1 2025, with cost of revenue decreasing 73.4%, from $640 thousand to $170 thousand, respectively. Operating loss improved 5.2%, from $(4.1) million in Q1 2024 to $(3.9) million in Q1 2025. Q1 2025 revenue was $765 thousand. Net income was $109 thousand in Q1 2025 as compared to $117 thousand in Q1 2024.Recent Operational Highlights:The revamped training and learning management system is expected...

Company expands reach of O&O platforms via strategic title expansions and product innovation Pocket Gamer Connects to add three new international events in 2025 Luminosity Gaming’s 2025 Rising Stars campaign surpasses 500 million impressions, with deep community engagement, while securing eleven third party sponsors TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, today announced financial results for the three months ended March 31, 2025 (“Q1 2025”). “We’ve spent the last year rebuilding Enthusiast Gaming into a leaner, more focused business, and now that structure is starting to deliver,” said Adrian Montgomery, Interim CEO of Enthusiast Gaming. “With higher yield in our programmatic business, growth...

Conference Call Scheduled for today, May 15, 2025, at 5:00pm ET. GARDNER, Mass., May 15, 2025 (GLOBE NEWSWIRE) — Precision Optics Corporation, Inc. (NASDAQ: POCI), a leading designer and manufacturer of advanced optical instruments for the medical and defense/aerospace industries, announced operating results on an unaudited basis for its third quarter fiscal year 2025 for the period ended March 31, 2025. Q3 2025 Financial Highlights (3 Months Ended March 31, 2025):Revenue was $4.2 million compared to $5.2 million in the same quarter of the previous fiscal year and compared to $4.5 million in the most recent sequential quarter. Production revenue was $3.3 million compared to $3.0 million in the same quarter of the previous fiscal year and compared to $3.3 million in the most recent sequential quarter. Engineering revenue was $0.9...

KAPALUA, Hawaii, May 15, 2025 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the quarter ended March 31, 2025. The Company also announced a new agriculture-based business venture designed to maximize the value of currently underutilized croplands and stimulate economic revitalization on Maui. Additional updates from the Company will be shared at its Annual Meeting of Stockholders, which will be held virtually on Wednesday, May 21, 2025, at 8:30 a.m., Hawai‘i Standard Time, via conference call and posted to the Company website concurrently. “In the first quarter of 2025, we advanced efforts to strengthen the fundamentals of our business segments and build the foundation for future growth by launching new initiatives to activate our landholdings,” said Race Randle,...

PHOENIX, May 15, 2025 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the quarter ended March 31, 2025. QuoteMedia provides banks, brokerage firms, private equity firms, financial planners and sophisticated investors with a more economical, higher quality alternative source of stock market data and related research information. We compete with several larger legacy organizations and a modest community of other smaller companies. QuoteMedia provides comprehensive market data services, including streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (financial content for website integration) and applications such as Quotestream Professional desktop and mobile.  Highlights for Q1 2025 include the following:Quarterly...

SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2025. Q1 2025 Financial HighlightsRevenue CAGR 60% for trailing 60 months Commercial Revenues increased 41% over Q1 2024 Positive GAAP Gross Margin 8% Adjusted non-GAAP Gross Margin, net of non-cash costs 21% Net cash used in Operations for Q1 2025 $1.8 million vs. Q1 2024 $3.0 million Backlog of $6.3 million Debt free and $100 million line of credit available and unusedQ1 2025 and Recent Operational HighlightsIn Q1 2025 we shipped EV ARC™ units, ARC Mobility™ trailers, energy storage systems (ESS), lighting poles...

Q1 2024 net product revenues increased 55% year-over-year to $163.6 thousand. Gross profit increased 124% to $90.3 thousand.WASHINGTON, May 15, 2025 (GLOBE NEWSWIRE) — 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP; SXTPW) (the “Company”), a pharmaceutical company focused on developing new medicines for infectious diseases, reported today their financial results for the first fiscal quarter of the 2025 year, ended March 31, 2025. Financial Highlights for the Quarter Ended March 31, 2025:Net product revenues increased approximately 55% from $105.7 thousand for the first quarter of 2024 to approximately $163.6 thousand for the first quarter of 2025; the Company credits growth from domestic sales of ARAKODA®. The Company achieved a gross profit of approximately $90.3 thousand in the first quarter of 2025, compared with an approximate...