Month: May 2025

Super League Reports First Quarter 2025 Financial Results

Written by Customer Service on May 15, 2025. Posted in Earnings Releases And Operating Results.

~ Company Maintains Focus on Streamlining Operations: Substantially Reduces Operating Expenses & Net Loss ~ ~ On Track to Reach EBITDA Positive in Q4 ~ SANTA MONICA, Calif., May 15, 2025 (GLOBE NEWSWIRE) — Super League (Nasdaq: SLE), a leader in engaging audiences through playable media, content, and experiences, today released first quarter 2025 financial results. Super League Chief Executive Officer, Matt Edelman Commented: “Our first quarter 2025 was a period of realignment for Super League in an effort to adapt to structural shifts in the Roblox ad ecosystem and macro headwinds while positioning ourselves to achieve EBITDA profitability leading to long-term sustainable growth. As outlined during our previous quarterly conference call, our strategy calls for streamlined operations through cost controls, revenue diversification...

BIO-key Reports Q1’25 Revenue of $1.6M and Improved Cash Position of $3.1M; Hosts Investor Call Tomorrow, Friday May 16th at 10am ET

Written by Customer Service on May 15, 2025. Posted in Earnings Releases And Operating Results.

HOLMDEL, N.J., May 15, 2025 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (Nasdaq: BKYI), an innovative provider of workforce and customer Identity and Access Management (IAM) solutions featuring passwordless, phoneless and tokenless Identity-Bound Biometric (IBB) authentication, announced results for its first quarter (Q1’25). BIO-key will host an investor call tomorrow, Friday, May 16th at 10:00am ET (details below). BIO-key CEO, Mike DePasquale commented, “Our revenue rose approximately 10% sequentially vs. Q4’24, as we continue our transition to selling high-margin BIO-key branded products in Europe, the Middle East and Africa (EMEA). Year-over-year revenue decreased 25% due to a $1.2M two-year contract with a long-term financial services customer we closed in Q1’24, as compared to $690k recorded in Q1’25 from the customer’s...

Fluent Announces First Quarter 2025 Financial Results; Strategic Pivot Accelerates with Growth of Commerce Media Solutions

Written by Customer Service on May 15, 2025. Posted in Earnings Releases And Operating Results.

Revenue of $55.2 million for Q1 2025 Q1 2025 Commerce Media Solutions revenue grew 99% to $12.7 million representing 23% of consolidated revenue from $6.4 million or 10% of consolidated revenue in Q1 2024 with gross profit margin (exclusive of depreciation and amortization) of 22% in Q1 2025 compared to 21% for the consolidated business Commerce Media Solutions annual revenue run rate now exceeds $65 million, reflecting an 8% quarter-over-quarter increase and strong momentum in executing the Company’s strategic pivot to this higher growth market Subsequent to the first quarter, the Company announced a strategic partnership with Rebuy Engine to launch Rebuy Ads powered by Fluent, providing post-purchase advertising for Shopify merchantsNEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a commerce media...

Duos Technologies Group Reports First Quarter 2025 Results

Written by Customer Service on May 15, 2025. Posted in Earnings Releases And Operating Results.

Company records approximately $5 million in revenue, a 363% revenue increase with a strong start in its services and consulting business for fast power. JACKSONVILLE, Fla., May 15, 2025 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the first quarter (“Q1 2025”) ended March 31, 2025. First Quarter 2025 and Recent Operational HighlightsRecorded over $4.8 million in Services and Consulting revenue including $3.9 million for services related to the Asset Management Agreement (“AMA”) with New APR Energy. Significant improvement in Gross Margin compared to the same quarter one year ago and further improvements expected in Q2. Showcased the first production...

KULR Technology Group Reports First Quarter 2025 Financial Results

Written by Customer Service on May 15, 2025. Posted in Earnings Releases And Operating Results.

HOUSTON, May 15, 2025 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in advanced energy management solutions, today reported results for the first quarter ended March 31, 2025. “2025 is a transformational year for KULR and the transformation is well on its way,” commented KULR CEO Michael Mo. “With over $100M in cash and Bitcoin holdings on our balance sheet as of the present day and virtually no debt, we are well capitalized to grow our battery and AI Robotics businesses, while our capital market activities in the foreseeable future are geared to turbocharge our Bitcoin acquisition strategy, establishing KULR as a pioneer BTC-First Bitcoin Treasury Company.” First Quarter 2025 Financial Results Revenues: In the first quarter that ended March...

Tornado Completes Strategic Acquisition of CustomVac and Amends TD Credit Facility

Written by Customer Service on May 15, 2025. Posted in Mergers And Acquisitions.

CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) — Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF), a leading manufacturer of specialized infrastructure and excavation equipment, is pleased to announce the closing of the acquisition (the “Acquisition”) of all the issued and outstanding shares in the capital of Custom Vacuum Services Ltd. (“CustomVac”) from 2624795 Alberta Ltd., an arm’s length party (the “Vendor”), pursuant to a share purchase agreement signed and dated today, among the Company, CustomVac and the Vendor, for an aggregate purchase price of $28,000,000 (the “Purchase Price”) paid in cash, subject to customary closing adjustments. CustomVac was founded in 2000 and is located in Nisku, Alberta. CustomVac manufactures and services truck-mounted and semi-trailer mounted vacuum...

Solid Biosciences Reports First Quarter 2025 Financial Results and Provides Business Updates

Written by Customer Service on May 15, 2025. Posted in Earnings Releases And Operating Results.

– Duchenne (SGT-003): Participant dosing ongoing in the Phase 1/2 INSPIRE DUCHENNE trial; Solid on track to discuss accelerated pathways with U.S. FDA later in 2025 – – FA (SGT-212): Dosing of first participant anticipated in the second half of 2025 – – CPVT (SGT-501): FDA IND on track for submission first half of 2025 – – Cash: Company ended first quarter 2025 with $306.9 million in cash, cash equivalents, investments and available-for-sale securities; Solid has anticipated cash runway into the first half of 2027 – CHARLESTOWN, Mass., May 15, 2025 (GLOBE NEWSWIRE) — Solid Biosciences Inc. (Nasdaq: SLDB) (the “Company” or “Solid”), a life sciences company developing precision, next generation, genetic medicines for neuromuscular and cardiac diseases, today reported financial results...

Colliers continues to enhance engineering offering in Canada

Written by Customer Service on May 15, 2025. Posted in Mergers And Acquisitions.

West-coast acquisition expands geographic footprint and scale TORONTO and NANAIMO, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) — Colliers (NASDAQ, TSX: CIGI) announced today that its Canadian engineering platform Englobe Corporation (“Englobe”) has acquired Herold Engineering Limited (“Herold”), a leading engineering consulting firm in British Columbia. Herold’s leadership team will continue to lead these operations and become shareholders of Englobe under Colliers’ unique partnership model. Terms of the transaction were not disclosed. Founded in 1994, Herold’s 75 professionals provide consulting services for diversified building, municipal, transportation and marine projects throughout British Columbia, predominantly on Vancouver Island. “This investment builds on our recent acquisition of Higher Ground in Western Canada,...

Lakeside Announces Fiscal 2025 Third Quarter and Nine-Month Results

Written by Customer Service on May 15, 2025. Posted in Public Companies.

ITASCA, IL, May 15, 2025 (GLOBE NEWSWIRE) — Lakeside Holding Limited (“Lakeside” or the “Company”) (Nasdaq: LSH), a U.S.-based cross-border supply chain solution provider with a unique focus on the Asia-Pacific market operating through two specialized subsidiaries—American Bear Logistics and Hupan Pharmaceutical (Hubei) Co., Ltd., today announced financial results for its fiscal 2025 third quarter and nine months ended March 31, 2025. Management Commentary “The third quarter and first nine months of fiscal 2025 presented a dynamic environment for Lakeside,” commented Henry Liu, Chief Executive Officer. “While our established cross-border freight solutions experienced revenue declines compared to the prior year, primarily due to shifts in global shipping demands and pricing pressures, we are encouraged by the initial...

OMNIQ Reports $19.9 Million Revenue in the First Quarter 2025

Written by Customer Service on May 15, 2025. Posted in Earnings Releases And Operating Results.

SALT LAKE CITY, May 15, 2025 (GLOBE NEWSWIRE) — OMNIQ CORP. (OTCMKTS: OMQS) (“omniQ” or “the Company”), reports a first quarter 2025 revenue of $19.9 million, which signifies an 8.7 percent increase Year-over-Year. FINANCIAL SUMMARY In Q1 2025, the Company reported revenue of $19.9 million, marking an increase of 8.7 percent compared to $18.3 million in Q1 2024. Net loss for the quarter remained steady at $2.1 million, unchanged from the same period last year. Basic loss per share from continuing operations for the three months ended March 31, 2025, was $0.20, this remained unchanged from the same period in 2024. Comprehensive loss for the quarter was $1.6 million in 2025 and $1.9 million in 2024. This represents a 15.8% decrease. Operating income for the three months ended March 31, 2025, reflected a loss...

Month: May 2025

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