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Month: May 2025

Parker Reports Fiscal 2025 Third Quarter Results

Record margins, EPS and YTD cash flow from operations CLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the quarter ended March 31, 2025, that included the following highlights (compared with the prior year quarter): Fiscal 2025 Third Quarter Highlights:Sales were $5.0 billion; organic sales growth was 1% Net income was $961 million, an increase of 32%, or $904 million adjusted, an increase of 6% EPS were $7.37, an increase of 33%, or $6.94 adjusted, an increase of 7% Segment operating margin was 23.2%, an increase of 170 bps, or 26.3% adjusted, an increase of 160 bps YTD cash flow from operations increased 8% to $2.3 billion, or 15.8% of sales Repurchased $650 million of shares in the quarter“Our third quarter...

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SIGA to Host Business Update Call on May 8, 2025 Following Release of First-Quarter 2025 Results

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) — SIGA Technologies, Inc. (SIGA) (Nasdaq: SIGA), a commercial-stage pharmaceutical company, today announced that management will host a webcast and conference call to provide a business update at 4:30 P.M. ET on Thursday, May 8, 2025. Participating in the call will be Diem Nguyen, Chief Executive Officer, and Daniel Luckshire, Chief Financial Officer. A live webcast of the call will also be available on the Company’s website at http://www.siga.com in the Investor Relations section of the site, or by clicking here. Please log in approximately 5-10 minutes prior to the scheduled start time. Participants may access the call by dialing 1-800-717-1738 for domestic callers or 1-646-307-1865 for international callers. A replay of the call will be available for two weeks by dialing 1-844-512-2921...

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Hubbell Reports First Quarter 2025 Results

Shelton, CT, May 01, 2025 (GLOBE NEWSWIRE) — HUBBELL REPORTS FIRST QUARTER 2025 RESULTSQ1 diluted EPS of $3.15; adjusted diluted EPS of $3.50 Q1 net sales -2% (organic -0.6%; foreign exchange -0.6%; net M&A -1.2%) Q1 operating margin 17.5%; adjusted operating margin 19.3% 2025 diluted EPS outlook of $15.95-16.45; Maintaining adj. diluted EPS of $17.35-$17.85Hubbell Incorporated (NYSE: HUBB) today reported operating results for the first quarter ended March 31, 2025. “Our results in the first quarter were driven by continued strong operating performance in our Electrical Solutions segment and a return to organic growth in Grid Infrastructure, offset by anticipated softness in Grid Automation and the impact of higher cost inflation” said Gerben Bakker, Chairman, President and CEO. Mr. Bakker continued, “Electrical Solutions...

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Laureate Education Reports Financial Results For the First Quarter Of 2025

Company Updates Full-Year 2025 Guidance Following Completion of Favorable Enrollment Intake Cycle MIAMI, May 01, 2025 (GLOBE NEWSWIRE) — Laureate Education, Inc. (NASDAQ: LAUR), which operates five higher education institutions across Mexico and Peru, today announced financial results for the first quarter and three months ended March 31, 2025. First Quarter 2025 Highlights (compared to first quarter 2024):New enrollments decreased 2%, up 7% adjusted for the timing of semester start dates. Total enrollments increased 4%, up 6% adjusted for the timing of semester start dates. On a reported basis, revenue decreased 14% to $236.2 million. On an organic constant currency basis1, revenue decreased 1% and was unfavorably affected by approximately $26 million of intra-year academic calendar timing attributable to later semester start...

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AVRICORE HEALTH CORPORATE UPDATE: 2024 record year, UK expansion on track

VANCOUVER, British Columbia, May 01, 2025 (GLOBE NEWSWIRE) — AVRICORE HEALTH INC. (TSXV: AVCR) (the “Company” or “Avricore”) reports on its year end 2024 andIn the year ended December 31, 2024 revenue increased by 37% year over year to $4,785,711 and gross profit increased by 56% to $1,880,306. In the three months ended December 31, 2024 revenue increased by 5% year over year to $1,421,076 and gross profit increased by 18% to $589,930.“Launching and expanding HealthTab™ in North East London has been a meaningful milestone in our UK strategy and a testament to the vital role pharmacists can play in preventing chronic disease,” said Hector Bremner, CEO of Avricore Health. “By integrating with NHS systems and working alongside leading healthcare partners, we’re delivering the most accurate, scalable and data-driven...

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Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.08 per Share for May 2025

HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today a monthly distribution of $0.08 per share for May 2025. This distribution is payable to common stockholders on May 30, 2025 (as outlined in the table below). The Company declares distributions on a monthly basis, with its next distribution expected to be declared in early June. Payment of future distributions is subject to the approval of the Company’s Board of Directors, as well as meeting the covenants on the Company’s debt agreements and the terms of its preferred stock.Record Date /Ex-Date Payment Date Distribution Amount Return of CapitalEstimate5/15/25 5/30/25 $0.08 40%(1)(1) This estimate is based on the Company’s anticipated earnings and profits. The final determination of the tax character of...

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HUB Security Reports Second Half 2024 Financial Results and the Filing of its Annual Report on Form 20-F for the Year Ended December 31, 2024

Significant Year-over-Year Margin Expansion, Streamlined Operations, and Strategic Wins Position HUB for Scalable Growth in 2025 Conference call will be held Friday, May 2 at 10:00 am ET TEL AVIV, Israel, May 01, 2025 (GLOBE NEWSWIRE) — HUB Cyber Security Ltd. (NASDAQ: HUBC) (“HUB” or the “Company”), a global leader in confidential computing and advanced data fabric technology, today announced results for the full year and second half period ended December 31, 2024 and the filing of its Annual Report on Form 20-F for the Year Ended December 31, 2024. Financial results for H2 2024:Revenues were $13.8 million, compared to $17.6 million in H2 2023. The year-over-year change reflects the Company’s deliberate strategic pivot to optimize its business mix. HUB has proactively exited lower-margin segments, including certain areas within...

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Sotera Health Reports First-Quarter 2025 Results

Q1 2025 net revenues increased 2.6% to $255 million, compared to Q1 2024, or 4.4% on a constant currency basis Q1 2025 net loss of $13 million or $0.05 per diluted share, compared to net income of $6 million or $0.02 per diluted share in Q1 2024 Q1 2025 Adjusted EBITDA(1) increased 8.8% to $122 million, compared to Q1 2024, or 11.2% on a constant currency basis Q1 2025 Adjusted EPS(1) of $0.14, an increase of $0.01 per diluted share, compared to Adjusted EPS of $0.13 in Q1 2024 Company reaffirms full-year 2025 outlook of 4.0% – 6.0% net revenues growth and 4.5% – 6.5% Adjusted EBITDA growth, both on a constant currency basisCLEVELAND, May 01, 2025 (GLOBE NEWSWIRE) — Sotera Health Company (“Sotera Health” or the “Company”) (Nasdaq: SHC), a leading global provider of mission-critical end-to-end sterilization solutions,...

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Intellia Therapeutics to Hold Conference Call to Discuss First Quarter 2025 Earnings and Company Updates

CAMBRIDGE, Mass., May 01, 2025 (GLOBE NEWSWIRE) — Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading clinical-stage gene editing company focused on revolutionizing medicine with CRISPR-based therapies, will present its first quarter 2025 financial results and operational highlights in a conference call on May 8, 2025, at 8 a.m. ET. To join the call:U.S. callers should dial 1-833-316-0545 and international callers should dial 1-412-317-5726, approximately five minutes before the call. All participants should ask to be connected to the Intellia Therapeutics conference call. Please visit this link for a simultaneous live webcast of the call.A replay of the call will be available through the Events and Presentations page of the Investors & Media section on Intellia’s website at www.intelliatx.com, beginning on May 8, 2025,...

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United Community Banks, Inc. Announces Completion of Merger With ANB Holdings, Inc., The Parent of American National Bank

GREENVILLE, S.C., May 01, 2025 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NYSE: UCB) (“United”) completed its merger with ANB Holdings, Inc. (“ANB”) effective May 1, 2025. In this transaction, ANB’s wholly-owned bank subsidiary, American National Bank (“ANB Bank”), was also merged into United’s bank subsidiary, United Community Bank (“United Community”). ANB Bank will operate under the United Community brand after all core systems, signage, and branding are converted to those of United Community on the weekend of July 11, 2025. ANB Bank is headquartered in Oakland Park, Florida, a northern and fast-growing part of the Miami metropolitan area. Founded in 1985, ANB Bank primarily services Miami Dade, Broward, and Palm Beach Counties. It is a premier franchise with an experienced management team led by President and Chief Executive...

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