Month: May 2025

DLH Reports Fiscal 2025 Second Quarter Results

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

Solid Cash Flow and Debt Reduction Strengthen Financial Outlook as Bid Activity Accelerates ATLANTA, May 07, 2025 (GLOBE NEWSWIRE) — DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a leading provider of science research and development, systems engineering and integration, and digital transformation and cyber security solutions to federal agencies, today announced financial results for its fiscal second quarter ended March 31, 2025. Second Quarter HighlightsSecond quarter revenue was $89.2 million in fiscal 2025 versus $101.0 million in fiscal 2024, reflecting small business conversions partially offset by contributions from contract awards. Earnings were $0.9 million, or $0.06 per diluted share, for the second quarter of fiscal 2025 versus $1.8 million, or $0.12 per diluted share, for the second quarter of fiscal...

Korro Reports First Quarter 2025 Financial Results and Provides Business Updates

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

— Interim readout from Phase 1/2a REWRITE clinical trial of KRRO-110 for Alpha-1 Antitrypsin Deficiency (AATD) on track for the second half of 2025 — Streamlining operations and focusing on delivering potential value generating program milestones, with workforce reduction of approximately 20% and cost reductions expected to extend cash runway into 2027 — Second development candidate expected to be announced in 2025 — Ended first quarter 2025 with $139.0 million in cash, cash equivalents and marketable securities CAMBRIDGE, Mass., May 07, 2025 (GLOBE NEWSWIRE) — Korro Bio, Inc. (Korro) (Nasdaq: KRRO), a clinical-stage biopharmaceutical company focused on developing a new class of genetic medicines based on editing RNA for both rare and highly prevalent diseases, today reported financial results...

Mercado Libre builds on 2024 momentum with strong Q1 2025 results, reporting $5.9 billion revenue and $494 million net income

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

Montevideo, Uruguay. May 7, 2025, May 07, 2025 (GLOBE NEWSWIRE) —Unique buyers in commerce reached almost 67 million in the first quarter, with new buyers sustaining the highest level of growth since early 2021, and fintech monthly active users crossed 64 million in the first quarter, growing 31% YoY. Commerce value prop strengthens as brand preference reaches all-time highs in key markets and Fintech is seeing rising engagement. Argentina was the highlight of the quarter, capturing strong growth in GMV, TPV, credit and AUM given the strength of our competitive position and brand amid macro stabilization. Montevideo, Uruguay. May 7, 2025 — Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform in Latin America, kicked off the year with strong momentum, reporting solid results for the first quarter...

GXO Reports First Quarter 2025 Results

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

Increased first quarter revenue 21% year over year, to $3 billion, with organic revenue growth of 3% Grew sales pipeline to three-year high of $2.5 billion, excluding Wincanton Repurchased 2.8 million shares Reaffirmed full-year 2025 organic revenue growth and adjusted EBITDA guidanceGREENWICH, Conn. , May 07, 2025 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) today announced results for the first quarter 2025. Malcolm Wilson, chief executive officer of GXO, said, “GXO delivered a strong first quarter. We generated revenue of $3 billion, up 21% year over year, and delivered $163 million in adjusted EBITDA. “We signed $228 million of new business wins and our sales pipeline of $2.5 billion, excluding Wincanton, stands at its highest level in three years. We’ve finalized a landmark deal with the England’s National Health...

Okeanis Eco Tankers Corp. – Files Two Registration Statements on Form F-3

Written by Customer Service on May 7, 2025. Posted in Public Companies.

ATHENS, Greece, May 07, 2025 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has filed with the U.S. Securities and Exchange Commission (the “SEC”) a shelf registration statement on Form F-3 on May 7, 2025. The shelf registration statement will enable the Company to more quickly and efficiently raise capital in the future. It provides for up to $500,000,000 in capital, which may be used for, among other things, potential acquisitions, strategic initiatives, reducing outstanding debt or other general corporate purposes. In addition, the Company also filed with the SEC a separate “resale” registration statement on Form F-3 relating to the resale of up to 18,102,286 common shares that are beneficially held by affiliates of the Company and that are otherwise currently...

The Herzfeld Caribbean Basin Fund, Inc. Announces Special Meeting of Stockholders to be Held on June 17, 2025

Written by Customer Service on May 7, 2025. Posted in Public Companies.

MIAMI BEACH, Fla., May 07, 2025 (GLOBE NEWSWIRE) — The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) today announced that the Fund has filed preliminary proxy materials (“Proxy Materials”) with the U.S. Securities and Exchange Commission in connection with a special meeting of stockholders to be held on June 17, 2025, for its stockholders to consider and vote on proposals necessary to approve the Fund’s conversion from its current investment strategy and redirect the Fund to focus on a “CLO Equity Strategy”. With this change, the Fund’s primary investment objective will change to a total return strategy with a secondary objective of generating high current income for stockholders. In accordance with the change in investment objective, the Fund will focus on investing in equity and junior debt tranches of collateralized...

Viemed Healthcare Announces First Quarter 2025 Financial Results

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

LAFAYETTE, La., May 07, 2025 (GLOBE NEWSWIRE) — Viemed Healthcare, Inc. (the “Company” or “Viemed”) (NASDAQ:VMD), a national leader in respiratory care and technology-enabled home medical equipment services, announced today that it has reported its financial results for the three months ended March 31, 2025, and updated guidance for the full year ending December 31, 2025. Operational highlights (all dollar amounts are USD):Net revenues for the quarter ended March 31, 2025 were $59.1 million, representing an increase of $8.5 million, or 17%, over net revenues reported for the comparable quarter ended March 31, 2024.Net income attributable to Viemed for the quarter ended March 31, 2025 totaled $2.6 million, or $0.06 per diluted share, an increase of 64% over net income attributable to Viemed of $1.6 million, or $0.04 per diluted...

Alvotech Reports Results for the First Quarter of 2025 and Provides Business Update

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

Total Revenues in the first quarter of 2025 reached $132.8 million, compared to $36.9 million in the same period last year, representing a 260% increaseProduct Revenues in the first in the first quarter of 2025 reached $109.9 million, compared to $12.4 million in the same period last year, representing a 786% increase Adjusted EBITDA in the first quarter of 2025 was $20.5 million compared to negative $38.4 million in 2023 Full year guidance increased to $600-$700 million in top line revenue and $200-280 million adjusted EBITDA, following acquisition of proposed biosimilar to Cimzia Alvotech will conduct a business update conference call and live webcast on Thursday May 8, 2025, at 8:00 am ET (12:00pm GMT).REYKJAVIK, Iceland, May 07, 2025 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company...

Alvotech Reports Results for the First Quarter of 2025 and Provides Business Update

Written by Customer Service on May 7, 2025. Posted in Earnings Releases And Operating Results.

Total Revenues in the first quarter of 2025 reached $132.8 million, compared to $36.9 million in the same period last year, representing a 260% increaseProduct Revenues in the first in the first quarter of 2025 reached $109.9 million, compared to $12.4 million in the same period last year, representing a 786% increaseAdjusted EBITDA in the first quarter of 2025 was $20.5 million compared to negative $38.4 million in 2023Full year guidance increased to $600-$700 million in top line revenue and $200-280 million adjusted EBITDA, following acquisition of proposed biosimilar to CimziaAlvotech will conduct a business update conference call and live webcast on Thursday May 8, 2025, at 8:00 am ET (12:00pm GMT).REYKJAVIK, Iceland, May 7, 2025 – Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing...

Orchid Island Capital Announces May 2025 Monthly Dividend and April 30, 2025 RMBS Portfolio Characteristics

Written by Customer Service on May 7, 2025. Posted in Dividend Reports And Estimates.

● May 2025 Monthly Dividend of $0.12 Per Share of Common Stock ● RMBS Portfolio Characteristics as of April 30, 2025 ● Next Dividend Announcement Expected June 10, 2025Vero Beach, Fla., May 07, 2025 (GLOBE NEWSWIRE) — Orchid Island Capital, Inc. (the “Company”) (NYSE: ORC) announced today that the Board of Directors of the Company declared a monthly cash dividend for the month of May 2025. The dividend of $0.12 per share will be paid June 27, 2025 to holders of record of the Company’s common stock on May 30, 2025, with an ex-dividend date of May 30, 2025. The Company plans on announcing its next common stock dividend on June 10, 2025. The Company intends to make regular monthly cash distributions to its holders of common stock. In order to qualify as a real estate investment trust (“REIT”), the Company must distribute...

Month: May 2025

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