Month: May 2025

GRAND CAYMAN, Cayman Islands, May 02, 2025 (GLOBE NEWSWIRE) — Patria (Nasdaq:PAX) reported today its unaudited results for the first quarter ended March 31, 2025. The full detailed presentation of Patria’s first quarter 2025 results can be accessed on the Shareholders section of Patria’s website at https://ir.patria.com/. Alex Saigh, Patria’s CEO, said: “Patria is off to a very exciting start to 2025 as fundraising totaled a record $3.2 billion, highlighting the expanded reach of our investment platforms and distribution capabilities, and putting us in a strong position to achieve our $6 billion fundraising target for the year. We also reported 1Q25 FRE of $42.6 million, or $0.27 per share, representing year-over-year growth of 21% and 16%, respectively, despite the volatility in the region. Also, FEAUM grew 6% sequentially...

Offers local customers world-class network and application protection MAHWAH, N.J., May 02, 2025 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, announced the launch of new cloud security service centers in Chennai and Mumbai, India, and Nairobi, Kenya. Today, Radware supports a network of more than 50 cloud security service centers worldwide with a mitigation capacity up to 15Tbps. Radware’s global network of data centers mitigates attacks closest to their point of origin. This helps organizations improve application response times for in-region traffic and reduce mitigation response times against a variety of attacks, including denial-of-service attacks, web application attacks, malicious bot traffic, and attacks on APIs. It also helps them...

LOUISVILLE, Ky., May 02, 2025 (GLOBE NEWSWIRE) — BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the first quarter ended March 31, 2025, and increased Revenue and Adjusted EBITDA1 guidance. Financial Highlights(note: all figures exclude the Community Living business)Net Revenue of $2,878 million, up 25.9% compared to $2,286 million in the first quarter of 2024. Net Income from Continuing Operations of $9.2 million, compared to Net Loss from Continuing Operations of $56.0 million in the first quarter of 2024. Adjusted EBITDA1 of $131 million, up 28.2% versus $102 million in the first quarter of 2024. Planned divestiture of Community Living business to Sevita, announced...

MIAMI BEACH, Fla., May 02, 2025 (GLOBE NEWSWIRE) — AirSculpt Technologies, Inc. (NASDAQ:AIRS)(“AirSculpt” or the “Company”), a national provider of premium body contouring procedures, today announced results for the first quarter ended March 31, 2025. “We began the year reporting results in line with our expectations, and while we are early in our transformation, I am encouraged by the progress the team has made on the business imperatives we set in place at the start of the year and I remain confident that we have identified and are implementing the right actions to return to growth,” stated Yogi Jashnani, Chief Executive Officer. “To this end, the first quarter saw profitability strengthen compared to the fourth quarter on similar revenue, reflecting our cost reduction initiatives and expense discipline. We also experienced early...

TORONTO, May 02, 2025 (GLOBE NEWSWIRE) — Rivalry Corp. (TSXV: RVLY) (OTCQB: RVLCF) (“Rivalry” or the “Company”), the leading sportsbook and iGaming operator for digital-first players, announces today that it was unable to meet the April 30, 2025 deadline to file its Audited Annual Financial Statements, Management’s Discussion and Analysis, and related CEO and CFO certificates for the fiscal year ended December 31, 2024 (collectively, the “Annual Filings”), as required under applicable Canadian securities laws. In connection with the Company’s inability to file the Annual Filings on time, the Company applied, and received approval, for a Management Cease Trade Order (the “MCTO”) from the Ontario Securities Commission under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). The Company will have until June 30,...

Broader regional expansion underway with growing presence in UAE and Saudi Arabia DUBAI, United Arab Emirates, May 02, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced a change in the ownership of its longstanding joint venture, United Arab Emirates (UAE) based Al-Futtaim Willis (AFW). Al-Futtaim’s decision to sell their 51% stake in the joint venture will enable WTW to wholly manage the AFW business when regulatory approvals are received.   Pamela Thomson-Hall, Head of International at WTW, said: “We are fortunate to have enjoyed a prosperous relationship with Al-Futtaim spanning nearly 50 years, for which we are very thankful. WTW’s investment strategy remains acutely focused on investing strategically to optimize the company’s portfolio globally and pursue scaled...

Municipality Finance PlcStock exchange release 2 May 2025 at 10:00 am (EEST) Municipality Finance issues SEK 1 billion tap under its MTN programme On 5 May 2025 Municipality Finance Plc issues a new tranche in an amount of SEK 1 billion to an existing series of notes issued on 21 February 2025. With the new tranche, the aggregate nominal amount of the notes is SEK 3.5 billion. The maturity date of the benchmark is 21 February 2028. The notes bear interest at a floating rate equal to 3-month Stibor plus 150 bps per annum.  The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors. MuniFin has applied...

Press ReleaseEXA Infrastructure selects Nokia to expand international connectivity network capabilitiesEXA Infrastructure’s modernized network will support data center connectivity with significantly lower cost and power per bit to keep up with demand in the AI era. Network capacity will increase by as much as 15% while reducing power and cost per bit by as much as 50%. The upgrade with Nokia’s 1830 Global Express (GX) platform and ICE7 coherent optics enables EXA Infrastructure to better deliver high-speed connectivity services to its customers.2 May 2025 Espoo, Finland – Nokia today announced that EXA Infrastructure has selected Nokia’s optical transport solution to expand its network capabilities to support customers’ demand for cost-effective connectivity, including between major data centers. The modernized 1.2T-per-channel...