Month: May 2025

HOBOKEN, N.J., May 07, 2025 (GLOBE NEWSWIRE) — The Hain Celestial Group, Inc. (Nasdaq: HAIN), a leading global health and wellness company whose purpose is to inspire healthier living through better-for-you brands, today reported financial results for its fiscal third quarter ended March 31, 2025. In a separate release today, the Company announced a CEO transition and strategic review of the Company’s portfolio. “We are disappointed with our third quarter results, which fell far short of our expectations primarily due to worse-than-expected performance in North America. Despite the shortfall in net sales in the quarter, we are encouraged by a return to organic net sales growth in our international segment and continued progress in reducing net debt,” said Alison Lewis, Interim President and CEO. “Going forward, we are focused...

Announces Completion of Acquisition of Kurt Geiger LONG ISLAND CITY, N.Y., May 07, 2025 (GLOBE NEWSWIRE) — Steven Madden, Ltd. (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel, today announced financial results for the first quarter ended March 31, 2025. Amounts referred to as “Adjusted” are non-GAAP measures that exclude the items defined as “Non-GAAP Adjustments” in the “Non-GAAP Reconciliation” section. First Quarter 2025 ResultsRevenue increased 0.2% to $553.5 million, compared to $552.4 million in the same period of 2024. Gross profit as a percentage of revenue was 40.9%, compared to 40.7% in the same period of 2024. Operating expenses as a percentage of revenue were 32.0%, compared to 29.8% in the same period of 2024. Adjusted operating expenses as a percentage of revenue...

Q1’25 revenue growth of 2.2% impacted by a combination of lower transaction volume due to macro weakness and higher comparable float and political contributions in Q1’24 Q1’25 versus Q1’24 GAAP gross margin expansion continues on lower unit cost and despite lower year over year transaction volume growth Q1’25 versus Q1’24 net cash provided by operating activities swings to $7.4 million from a use of ($6.4) million in the year ago period The Company sustains strong balance sheet with cash and marketable securities of $389.3 millionCHARLOTTE, N.C., May 07, 2025 (GLOBE NEWSWIRE) — AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for...

This news release constitutes a “Designated News Release” incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis’ short form base shelf prospectus dated December 9, 2024. ST. JOHN’S, Newfoundland and Labrador, May 07, 2025 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its first quarter results.1 HighlightsFirst quarter net earnings of $499 million or $1.00 per common share, up from $459 million or $0.93 per common share in 2024 Capital expenditures2 of $1.4 billion in the first quarter; $5.2 billion annual capital plan on track Regulatory approval received for FortisBC’s 2025-2027 rate framework“We...

SCOTTSDALE, Ariz., May 07, 2025 (GLOBE NEWSWIRE) — LifeStance Health Group, Inc. (Nasdaq: LFST), one of the nation’s largest providers of outpatient mental healthcare, today announced financial results for the first quarter ended March 31, 2025. (All results compared to prior-year comparative period, unless otherwise noted)Q1 2025 Highlights and FY 2025 OutlookRevenue of $333.0 million increased 11% compared to revenue of $300.4 million Clinician base increased 10% to 7,535 clinicians, a sequential net increase of 152 in the first quarter First quarter visit volumes increased 10% to 2.1 million Net income of $0.7 million compared to net loss of $21.1 million Net cash used in operations of $3.1 million in the first quarter Adjusted EBITDA of $34.6 million compared to Adjusted EBITDA of $27.7 million Free Cash Flow of negative...

First Quarter 2025 Financial Results and HighlightsRevenue of $72.1 million, an increase of 11% year–over–year Cloud ARR of $80 million, an increase of 19% year-over-year Non-GAAP diluted EPS of $0.27 vs. $0.16 in Q1 2024; GAAP diluted EPS of $0.10 vs. $(0.03) in Q1 2024 Cash flow from operations of $22.4 million in Q1 and $72.9 million over the trailing 12 monthsTEL AVIV, Israel, May 07, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced its consolidated financial results for the first quarter ended March 31, 2025. “We had a strong start to 2025 with first quarter revenue rising 11% year-over-year, marking our third consecutive quarter of double-digit growth. In addition, our strong non-GAAP EPS growth and...

PHILADELPHIA, May 07, 2025 (GLOBE NEWSWIRE) — Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights:First quarter net sales of $1.26 billion Net income increased 154% year over year to $99 million; net income margin of 7.8% Record first quarter Adjusted EBITDA of $270 million, an increase of 4% year over year Adjusted EBITDA margin improved 140 basis points year over year to 21.4% Diluted EPS increased 150% to $0.45 and Adjusted Diluted EPS increased 16% to $0.59, first quarter records Won two Edison Awards™ and a BIG Innovation Award for technology advancements in automotive materials and electrical systemsFirst Quarter 2025 Consolidated Financial Results Net sales decreased 3% year...

First Quarter 2025 ResultsAll amounts expressed in U.S. dollars unless otherwise indicated TORONTO , May 07, 2025 (GLOBE NEWSWIRE) — Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) (“Barrick” or the “Company”) today reported a solid start to the financial year, making significant headway on its long-term strategy and advancing its global portfolio of Tier One2 gold and copper assets. Net earnings per share increased 59% year-on-year to $0.27 with adjusted net earnings per share3 growing by 84% year-on-year to $0.35. Operating cash flow of $1.2 billion was also up 59% while free cash flow4 of $375 million improved materially compared to Q1 2024, driving net debt reduction of 5% over the quarter. The Board again approved a quarterly dividend of $0.10 per share while the Company repurchased $143 million of its shares, consistent...