Month: May 2025

Phathom Pharmaceuticals Reports First Quarter 2025 Financial Results and Provides Business Update

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

VOQUEZNA launch momentum continues with over 390,000 prescriptions filled to date, written by more than 23,600 healthcare providers Net revenues of $28.5 million reported for Q1 Filled VOQUEZNA prescriptions increased ~8% in Q1 over the prior quarter despite seasonal headwinds Strategic cost reductions and executive leadership changes implemented to support sustainable revenue growth and achieve profit from operations, excluding stock-based compensation, in 2026 Management to host conference call today, May 1, 2025, at 8:00 a.m. ETFLORHAM PARK, N.J., May 01, 2025 (GLOBE NEWSWIRE) — Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal (GI) diseases, today reported financial results for the first quarter ended March 31, 2025, and...

Arvinas Reports First Quarter 2025 Financial Results and Provides Corporate Update

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

– Reported positive topline results from the Phase 3 VERITAC-2 trial that support global regulatory filings – – Presented first-in-human data for the Company’s first neuroscience program with ARV-102 showing blood-brain barrier penetration and central and peripheral LRRK2 degradation – – Announced the re-prioritization of its vepdegestrant development plan and research portfolio and initiated cost reductions, including a workforce reduction of approximately one-third, to extend the Company’s cash runway into the second half of 2028 – – Company to host conference call today at 8:00 a.m. ET – NEW HAVEN, Conn., May 01, 2025 (GLOBE NEWSWIRE) — Arvinas, Inc. (Nasdaq: ARVN), a clinical-stage biotechnology company working to develop a new class of drugs based on targeted protein degradation, today reported financial results for the...

WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN Integration

Written by Customer Service on May 1, 2025. Posted in Public Companies.

WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN IntegrationGeneva, Switzerland, May 1, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces the upcoming launch of its next-generation WISeSat.Space satellite aboard a SpaceX mission in June 2025. This milestone marks a major technological step forward for WISeSat.Space’s secure space communications infrastructure and the deployment of Transactional IoT (t-IoT) solutions directly from orbit. The upcoming satellite launch introduces two significant innovations: first, the capability to establish secure, encrypted communications with WISePhone mobile devices, and second, the integration of SEALCOIN, a decentralized...

Flow Capital Announces 2024 Annual Financial Results

Written by Customer Service on May 1, 2025. Posted in Public Companies.

Loan Interest Revenue up 31% and Recurring Free Cash Flow up 88% in the year TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW), a leading provider of flexible growth capital and alternative debt solutions, announces its unaudited financial and operating results for the for the three-months (Q4 2024) and year ended December 31, 2024.Q4 2024 Performance Highlights44% increase in Loan Interest Revenue to $2.7 million.61% increase in Recurring Free Cash Flow to $545,591$0.018 in Recurring Free Cash Flow per shareFull Year 2024 Performance Highlights31% increase in Loan Interest Revenue to $9.3 million.88% increase in Recurring Free Cash Flow to $1.9 million.$0.061 in Recurring Free Cash Flow per share13% increase in Total Assets to $72.0 million.A record $28.5 million in new capital deployment...

Draganfly and Autonome Labs Announce Teaming Agreement to Deliver UAV-Based Demining Mesh Deployment Solution

Written by Customer Service on May 1, 2025. Posted in Public Companies.

Tampa, FL, May 01, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”) an industry-leading developer of drone solutions and systems is pleased to announce a strategic teaming agreement with Autonome Labs, a humanitarian tech innovator, to develop an integrated aerial deployment solution for M.A.G.I.C, (Mine and Ground Inert Clearance) Autonome’s groundbreaking mesh-based demining system. The collaboration will pair Draganfly’s Heavy Lift drone platform with Autonome’s M.A.G.I.C. system to safely and efficiently deploy demining mesh designed to detonate and neutralize landmines across hazardous terrain. This joint solution enables rapid clearance of explosive threats, significantly reducing risk to human demining teams and accelerating the restoration...

HII Reports First Quarter 2025 Results

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

NEWPORT NEWS, Va., May 01, 2025 (GLOBE NEWSWIRE) — HII (NYSE: HII) today reported results for the first quarter of fiscal 2025. HighlightsFirst quarter revenues were $2.7 billion First quarter net earnings were $149 million or $3.79 diluted earnings per share New contract awards of $2.1 billion, resulting in backlog of $48 billion Company reaffirms previously issued financial guidance1First Quarter ResultsFirst quarter 2025 revenues of $2.7 billion were down 2.5% from the first quarter of 2024, driven by lower volume at Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies. Operating income in the first quarter of 2025 was $161 million and operating margin was 5.9%, compared to $154 million and 5.5%, respectively, in the first quarter of 2024. The increases were primarily driven by a more favorable operating...

DTE Energy reports first quarter accomplishments, investments and earnings

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

Continued significant investment to improve reliability and transition to cleaner generation; on track to invest $4.4 billion into our utilities in 2025 Began operations of Michigan’s largest battery energy storage system Boosted small businesses with energy efficiency upgrade grants Recognized as a Gallup Exceptional Workplace for 13th consecutive yearDETROIT, May 01, 2025 (GLOBE NEWSWIRE) — DTE Energy (NYSE: DTE) today reported that it invested over $850 million into its utilities in the first quarter of 2025 and is on track to invest $4.4 billion this year to improve electric reliability, generate more renewable energy and ensure continued safe and reliable natural gas service for its customers. The company also reported first quarter earnings of $445 million or $2.14 per diluted share, compared with $313 million, or $1.51...

Altisource Announces First Quarter 2025 Financial Results

Written by Customer Service on May 1, 2025. Posted in Earnings Releases And Operating Results.

LUXEMBOURG, May 01, 2025 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the first quarter 2025. “We are pleased with our first quarter performance as we continue to drive year-over-year and sequential Service revenue and Adjusted EBITDA(1) growth primarily from the ramp of our Renovation Business, stronger foreclosure starts and sales wins. Compared to the first quarter of last year, we grew total Company service revenue by 11% to $40.9 million and Adjusted EBITDA(1) by 14% to $5.3 million. Adjusted EBITDA(1) growth outpaced Service revenue growth from scale benefits and favorable revenue mix. In February 2025, we closed on an exchange and maturity extension...

Crane NXT Completes Acquisition of De La Rue Authentication Solutions

Written by Customer Service on May 1, 2025. Posted in Mergers And Acquisitions.

WALTHAM, Mass., May 01, 2025 (GLOBE NEWSWIRE) — Crane NXT, Co. (NYSE: CXT) (“Crane NXT” or the “Company”), a premier industrial technology company, today announced it has completed its acquisition of De La Rue Authentication Solutions, a global leader in security and authentication technologies, complementing the authentication and online brand protection solutions of OpSec Security (“OpSec”) and expanding the Company’s portfolio to include security technologies for government-issued identification documents and credentials. Aaron W. Saak, Crane NXT’s President and CEO, stated: “We are excited to welcome the De La Rue Authentication Solutions team to Crane NXT. The Authentication Solutions business is an excellent strategic fit with our Security and Authentication Technologies segment, and further enhances...

Critical One Secures Valuable Historical Data for Howells Lake Antimony and Gold Discovery Area

Written by Customer Service on May 1, 2025. Posted in Public Companies.

TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One”, or the “Company”) (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce that the Company has been successful in tracking down and securing an extensive collection of historical records for exploration work carried out on the Howells Lake Antimony-Gold Project (“Howells Lake Project”) in the Thunder Bay Mining Division of Ontario, Canada. These historical exploration records include assay data from work dating back to the discovery of high-grade antimony and gold mineralization in 1979, more than 40 years ago. “It is evident that the exploration work conducted during this period was of the highest quality,” said Duane Parnham, Executive Chairman and CEO. “It was systematically performed to evaluate the geological...

Month: May 2025

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