Month: May 2025

LGI Homes, Inc. Reports April 2025 Home Closings

Written by Customer Service on May 5, 2025. Posted in Public Companies.

THE WOODLANDS, Texas, May 05, 2025 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 450 homes in April 2025. As of April 30, 2025, the Company had 147 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence...

Armada Hoffler Acquires Full Ownership of Allied | Harbor Point

Written by Customer Service on May 5, 2025. Posted in Mergers And Acquisitions.

VIRGINIA BEACH, Va., May 05, 2025 (GLOBE NEWSWIRE) — Armada Hoffler (NYSE: AHH) today announced it has reached an agreement with its joint venture partner, Beatty Development Group, to acquire full ownership and control of Allied | Harbor Point, a 312-unit multifamily asset located in Harbor Point Baltimore. The transaction aligns with the company’s strategic initiative to simplify its business, create synergies with existing assets and enhance long-term value. Under the terms of the agreement, Armada Hoffler will acquire the partner’s minority interest in the property, transitioning from joint venture ownership to sole ownership. The acquisition is expected to close in June, subject to customary closing conditions. “This agreement reflects our ongoing commitment to streamline our operations and concentrate on wholly owned assets...

Douglas Dynamics Reports First Quarter 2025 Results

Written by Customer Service on May 5, 2025. Posted in Earnings Releases And Operating Results.

Record Results at Work Truck Solutions; Positive Impact of Winter Weather at Work Truck Attachments First Quarter 2025 Highlights*:Net Sales increased 20.3% to a record $115.1 million Gross Margin improved by 470 basis points to 24.5% Net Income improved to $0.1 million, with break-even diluted EPS Adjusted EBITDA increased to $9.4 million Record adjusted diluted EPS of $0.09*All comparisons are to first quarter 2024 financials MILWAUKEE, May 05, 2025 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the first quarter ended March 31, 2025. Unless otherwise stated, all comparisons made in this document are between the first quarters of 2025 and 2024. “With a rich history, deep industry experience,...

IDEX Biometrics ASA: Results of the exercise of Warrants B

Written by Customer Service on May 5, 2025. Posted in Public Companies.

Reference is made to the announcement by IDEX Biometrics ASA (the “Company”) on 12 December 2024 regarding the listing of Warrants A and Warrants B on Oslo Stock Exchange. Warrants B were exercisable between 31 March 2025 and 11 April 2025, and all Warrants B not exercised within such time lapsed without compensation to the holder. A total of 36,767 Warrants B were exercised, resulting in an aggregate subscription for 36,767 new shares (the “New Shares”) in the Company, each Warrant B having an exercise price of NOK 0.15. The Board of Directors of the Company has approved the allocation of New Shares to the exercising holders of Warrants B and has consequently resolved to increase the share capital of the Company. Payment for the allocated New Shares falls due one week after the Board’s resolution. The New...

Mustang Energy Corp. Agrees to Acquire Nucleus Uranium Ltd.

Written by Customer Service on May 5, 2025. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC: MECPF, FRA: 92T) (the “Company” or “Mustang”) is pleased to announce that it has entered into a share exchange agreement dated May 5, 2025 (the “Agreement”) with Nucleus Uranium Ltd. (“Nucleus”), an arm’s length British Columbia-based uranium company and Golden Mile Resources Corp. (the “Shareholder”), the sole shareholder of Nucleus, pursuant to which the Company will acquire all of the issued and outstanding common shares (each, a “Nucleus Share”) of Nucleus (the “Acquisition”). Nucleus is the sole registered and beneficial owner of the Nucleus Saskatchewan project, which consists of six mineral claims covering approximately 18,571 hectares in the Athabasca Basin, Saskatchewan (the “Nucleus Project”). Acquisition Terms Pursuant to...

Sun Communities Reports 2025 First Quarter Results; Announces Completion of Safe Harbor Sale

Written by Customer Service on May 5, 2025. Posted in Earnings Releases And Operating Results.

Net Loss per Diluted Share of $0.34 for the Quarter Core FFO per Share of $1.26 for the Quarter North America Same Property NOI for MH and RV Increased by 4.6% for the Quarter on a Year-over-Year Basis North America Same Property Adjusted Blended Occupancy for MH and RV of 99.0% Represents a 150 Basis Point Year-over-Year Increase Establishing Post-Safe Harbor Sale Guidance for 2025 Expecting Core FFO per Share of $6.43 to $6.63 Expecting North American Same Property NOI Growth of 3.5% – 5.2% Expecting UK Same Property NOI Growth of 0.9% – 2.9% Completed Initial Closing of Safe Harbor Marinas Sale in April for Net Pre-tax Cash Proceeds of $5.25 Billion Announced a Special Cash Distribution of $4.00 per Share Increasing Quarterly Distribution by 10.6% in 2025, to $1.04...

Mueller Water Products Reports 2025 Second Quarter Results

Written by Customer Service on May 5, 2025. Posted in Earnings Releases And Operating Results.

Increased Net Sales 3.1 percent to $364.3 Million Reported Net Income per Diluted Share of $0.33 Achieved Adjusted Net Income per Diluted Share of $0.34 Raises Annual Guidance for Fiscal 2025 Net Sales Reaffirms Annual Guidance for Fiscal 2025 Adjusted EBITDA ATLANTA, May 05, 2025 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, announced financial results for its fiscal 2025 second quarter ended March 31, 2025. In the second quarter of 2025, the Company:Increased net sales 3.1 percent to $364.3 million as compared with $353.4 million in the prior year quarter Reported operating income of $69.9 million as compared with $63.5 million in the prior year quarter and increased...

BellRing Brands Reports Results for the Second Quarter 2025; Affirms Fiscal Year 2025 Outlook

Written by Customer Service on May 5, 2025. Posted in Earnings Releases And Operating Results.

ST. LOUIS, May 05, 2025 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the second fiscal quarter ended March 31, 2025. Highlights:Second quarter net sales of $588.0 million Operating profit of $95.1 million, net earnings of $58.7 million and Adjusted EBITDA* of $118.6 million*Adjusted EBITDA is a non-GAAP measure. For additional information regarding non-GAAP measures, see the related explanations presented under “Use of Non-GAAP Measures” later in this release. BellRing provides Adjusted EBITDA guidance only on a non-GAAP basis and does not provide a reconciliation of its forward-looking Adjusted EBITDA non-GAAP guidance measure to the most directly comparable GAAP measure due to the inherent difficulty in...

Cheetah Net Supply Chain Service Inc. Announces First Quarter 2025 Results and Provides Corporate Update

Written by Customer Service on May 5, 2025. Posted in Earnings Releases And Operating Results.

IRVINE, May 05, 2025 (GLOBE NEWSWIRE) — Cheetah Net Supply Chain Service Inc. (“Cheetah” or the “Company”) (Nasdaq CM: CTNT), a provider of logistics and warehousing services, today reported results for the quarter ended March 31, 2025 and provided a corporate update. Recent HighlightsContinuous challenging market conditions in the People’s Republic of China (the “PRC”) have resulted in an industry-wide slowdown of parallel-import vehicle sales, including price and volume drops in the luxury car models and the Company’s margin was significantly compressed or eliminated. The Company experienced significantly dropped sales volume in the parallel-import vehicle segment during the year ended December 31, 2024. On March 5, 2025, Company’s board of directors (the “Board”) approved the discontinuation of its parallel-import vehicle...

Timbercreek Financial Announces 2025 First Quarter Results

Written by Customer Service on May 5, 2025. Posted in Earnings Releases And Operating Results.

TORONTO, May 05, 2025 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months ended March 31, 2025 (“Q1 2025”). Q1 2025 Highlights1Strong top-line income and distributable income:Net investment income of $28.6 million compared to $24.6 million in Q1 2024. Net income and comprehensive income of $14.8 million (Q1 2024 – $14.4 million) or basic earnings per share of $0.18 (Q1 2024 – $0.17). Distributable income of $15.4 million ($0.19 per share) compared with $15.8 million ($0.19 per share) in Q1 2024. Declared a total of $14.3 million in dividends to shareholders, or $0.17 per share, reflecting a distributable income payout ratio of 92.8% (Q1 2024 – 90.6%). The dividend remains well-covered and at the current trading price of $7.00 represent a 9.9% yield –...

Month: May 2025

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