Month: May 2025

Quarterly Net Operating Revenues of $487.3 million, up 15%   Quarterly Net Income of $71.7 million, ROE of 15.7% Quarterly Diluted EPS of $1.41 per share, up 29% NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — StoneX Group Inc. (the “Company”; NASDAQ: SNEX), a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise, today announced its financial results for the fiscal year 2025 second quarter ended March 31, 2025. Sean O’Connor, the Company’s Executive Vice-Chairman of the Board, stated, “Our fiscal second quarter marked a continuation of StoneX’s sustained growth and success, with net income and diluted EPS up, 35% and 29%, respectively,...

Declares Dividend of $0.15 per share for Q1 2025Represents Genco’s 23ʳᵈ Consecutive Quarterly Dividend Announces a $50 Million Share Repurchase Program Building on Long-Standing Dividend Strategy NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months ended March 31, 2025. First Quarter 2025 and Year-to-Date HighlightsDividendDeclared a $0.15 per share dividend for Q1 2025 23ʳᵈ consecutive quarterly dividendCumulative dividends of $6.765 per share or approximately 50% of our share price¹Q1 2025 dividend is payable on or about May 30, 2025 to all shareholders of record as of May 22, 2025New share repurchase...

Dallas, Texas, May 07, 2025 (GLOBE NEWSWIRE) — NL Industries, Inc. (NYSE: NL) today reported net income attributable to NL stockholders of $.7 million, or $.01 per share, in the first quarter of 2025 compared to $6.8 million, or $.14 per share, in the first quarter of 2024. NL’s results include an unrealized loss of $8.5 million in the first quarter of 2025 compared to a $2.4 million unrealized gain in the first quarter of 2024 related to the change in value of marketable equity securities. CompX’s net sales were $40.3 million in the first quarter of 2025 compared to $38.0 million in the first quarter of 2024. CompX’s first quarter 2025 net sales increased over the comparable 2024 period due to higher Marine Components sales primarily to the towboat and government markets and to a lesser extent higher Security Products sales primarily...

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today announced first-quarter 2025 results. Results can be found on the company’s website by visiting www.apacorp.com or investor.apacorp.com. APA will host a conference call on May 8 at 10 a.m. Central time via the webcast link available on the company website to discuss the results. Following the conference call, a replay will be available for one year on the “Investors” page of the company’s website. About APA APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.     Contacts         Investor:   (281)...

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced its first quarter 2025 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company’s website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission’s website at sec.gov. The company will hold a conference call to discuss the results on Thursday, May 8, 2025, at 1 p.m. Eastern/12 p.m. Central. The conference call may be accessed by calling 1-866-871-6512 (international callers dial 1-412-317-5417) or via webcast at oxy.com/investors. Participants may pre-register for the conference call at https://dpregister.com/sreg/10197735/feb22db66a. A recording of the webcast will be posted on the Investor Relations section of the company’s...

Dallas, Texas, May 07, 2025 (GLOBE NEWSWIRE) — Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $18.1 million, or $.16 per share, in the first quarter of 2025 compared to net income of $8.1 million, or $.07 per share, in the first quarter of 2024. Net income increased in the first quarter of 2025 as compared to the first quarter of 2024 primarily due to higher income from operations as a result of higher sales and production volumes, higher average TiO2 selling prices, and decreases in per metric ton production costs (primarily raw materials, utilities and unabsorbed fixed costs due to improved operating rates in 2025). Comparability of our results was also impacted by the effects of changes in currency exchange rates. As previously reported, effective July 16, 2024, we acquired the 50% joint venture interest in Louisiana...

REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION HIGHLIGHTSTOTAL REVENUES AND NET INCOME1 IMPROVED 2.5% AND 4.6%, RESPECTIVELY RECORD ADJUSTED EBITDA OF $150.3 MILLION, AN INCREASE OF 6.4% VS LAST YEAR ENERGY STORAGE SEGMENT REVENUES INCREASED BY 120% DRIVING MEANINGFUL MARGIN INCREASE SIGNED AN AGREEMENT TO ACQUIRE THE 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT FROM CYRQ ENERGY COMPANY REITERATES ITS 2025 FULL-YEAR GUIDANCE, REFLECTING STRONG EXECUTION AND CONFIDENCE IN THE BUSINESS OUTLOOKRENO, Nev., May 07, 2025 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading renewable energy company, today announced financial results for the first quarter ended March 31, 2025. KEY FINANCIAL RESULTS  Q1 2025 Q1 2024 Change (%)GAAP Measures      Revenues...

– Q2 Sales increase 7% to $266 Million – Q2 GAAP EPS increases 33% to $1.20 – Q2 Adjusted EPS increases 24% to $1.35 – Q2 Orders increase 22% to $291 Million / Book-to-Bill of 1.10x – St. Louis, May 07, 2025 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the second quarter ended March 31, 2025 (Q2 2025). Operating HighlightsQ2 2025 Sales increased $16.4 million (7 percent) to $265.5 million compared to $249.1 million in Q2 2024. Q2 2025 Entered Orders were $290.8 million for a book-to-bill ratio of 1.10x, resulting in record backlog of $932 million. Q2 2025 GAAP EPS increased 33 percent to $1.20 per share compared to $0.90 per share in Q2 2024. Q2 2025 Adjusted EPS increased 24 percent to $1.35 per share compared to $1.09 per...

Increased Occupancy and New Contracts Propel Strong Financial Performance Raises 2025 Full Year Guidance BRENTWOOD, Tenn. , May 07, 2025 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today its first quarter 2025 financial results.   Financial Highlights – First Quarter 2025Total revenue of $488.6 million Net income of $25.1 million Diluted earnings per share of $0.23 FFO per diluted share of $0.45 EBITDA of $81.0 million Repurchased 1.9 million shares of our common stock at an aggregate cost of $37.9 millionDamon T. Hininger, CoreCivic’s Chief Executive Officer, commented, “2025 is off to a strong start for CoreCivic. First quarter occupancy in CoreCivic facilities reached 77.0% of available capacity, an increase from 75.2% in the first quarter of last year. Based on cost management...

Net Income Expands to $29.6 million Despite California Wildfire Losses, Leading to Fully Diluted Book Value Per Share Growth of 5.1% GRAND CAYMAN, Cayman Islands, May 07, 2025 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”) today reported its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights (all comparisons are to first quarter 2024 unless noted otherwise):Gross premiums written increased 14.1% to $247.9 million; Net premiums earned increased 4.3% to $168.5 million; Net underwriting loss of $7.8 million, compared to net underwriting income of $3.4 million; Combined ratio of 104.6%, compared to 97.9%; Total investment income of $40.5 million, compared to $31.4 million; Net income of $29.6 million, or $0.86 per diluted ordinary share, compared...