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Day: June 12, 2025

America’s Car-Mart Reports Fourth Quarter and Fiscal Year 2025 Results

ROGERS, Ark, June 12, 2025 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”), today reported financial results for the fourth quarter and full year ended April 30, 2025.  Fourth Quarter Key Highlights (FY’25 Q4 vs. FY’24 Q4, unless otherwise noted)Total revenue was $370.2 million, up 1.5% Sales volumes increased 2.6% to 15,649 units Interest income increased $2.4 million, or 4.2% Total collections increased 2.1% to $191.1 million Gross margin percentage increased 90 basis points to 36.4% Allowance for credit loss improved to 23.25%, compared to 24.31% at January 31, 2025, and 25.32% at April 30, 2024 Net charge-offs as a % of average finance receivables improved to 6.9% vs. 7.3% Interest expense decreased 2.2% Diluted earnings per share of $1.26 vs. $0.06  Full Year Key Highlights...

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DNO Completes Transformative North Sea Acquisition

Oslo, 12 June 2025 – DNO ASA, the Norwegian oil and gas operator, today announced the completion of the acquisition of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 million based on an enterprise value of USD 1.6 billion. The acquired portfolio comprises 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd). The Company’s North Sea proven and probable (2P) reserves swell to 189 million barrels of oil equivalent (MMboe), also a fourfold increase. Contingent resources (2C) total 316 MMboe. Following the acquisition, Norway and the United Kingdom represent nearly 60 percent of the Company’s global production and about 45 percent of its global reserves, with the balance predominantly in the Kurdistan region of Iraq. “The Sval Energi assets provided...

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Morocco Strategic Minerals Reports Sampling Results from the BMR Property

MONTRÉAL, June 12, 2025 (GLOBE NEWSWIRE) — Morocco Strategic Minerals Corporation. (TSXV: MCC) (“Morocco Strategic Minerals” or the “Corporation”) is pleased to announce the results of a targeted rock sampling program completed in May 2025 on its BMR copper-gold property, located southeast of Ouarzazate in the Kingdom of Morocco, where the Corporation holds an option to acquire a 100% interest. Sampling Program Overview The BMR Copper-Gold Property covers an area of approximately 9 km² and hosts a prominent subvertical mineralized structure which spans approximately 1.2km in its southern portion. The structure is characterized by brecciated quartz-carbonate veining with visible copper oxide minerals, including chalcocite and malachite (Figure 1). Initial surface sampling by Morocco Strategic Minerals returned...

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Polyrizon Reports Promising Results Demonstrating Successful Internasal Delivery of its Innovative Hydrogel Formulation for CNS Therapeutics

Ra’anana, Israel, June 12, 2025 (GLOBE NEWSWIRE) — Polyrizon Ltd. (Nasdaq: PLRZ) (the “Company” or “Polyrizon”), a biotechnology company developing intranasal drug delivery systems, today announced encouraging preclinical results from a recent study evaluating its proprietary hydrogel-based Trap & Target (T&T) platform. The study, conducted in collaboration with the University of Parma (Italy), demonstrated that Polyrizon’s hydrogel formulation achieves targeted deposition in the upper regions of the nasal cavity—critical for central nervous system (CNS) drug delivery. The promising results are part of a collaborative study between the Company and the Department of Food and Drug of the University of Parma (Italy), led and conducted by Professor Fabio Sonvico, a leading expert in the development of intranasal and pulmonary...

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The Lovesac Company Reports First Quarter Fiscal 2026 Financial Results

Q1 FY26 Net Sales Increased 4.3% to $138.4 Million vs. Q1 FY25 STAMFORD, Conn., June 12, 2025 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the Designed for Life home and technology brand best known for its Sactionals, The World’s Most Adaptable Couch, today announced financial results for the first quarter of fiscal 2026, which ended May 4, 2025. Shawn Nelson, Chief Executive Officer, stated, “Our first quarter performance was inline with our expectations to capitalize on secular initiatives to drive growth. Notably, we delivered topline growth and leveraged operating expenses as we have begun to reap the benefits of previous investments in core capabilities to bolster our infinity flywheel and accelerate our pace of product innovation. Our first quarter also reflected another period...

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GURU Organic Energy Completes Strategic Canadian Distribution Shift with Recent Record Margins and a Clear Path to Profitability in Q2 2025

Key Highlights:Direct Canadian Distribution Launches — All major retailers are secured, and best-in-class distributors and marketing agencies are deployed to execute at shelf and accelerate growth. Net Loss Improved by 46.5% — Q2 net loss nearly halved to $1.4 million compared to the same quarter last year, showing acceleration towards return to profitability as Canadian distribution transition advances and innovation fuels brand momentum. Solid Financial Position Maintained — $25.3 million in cash ($25.2 million in Q1 2025 and $28.2 million in Q2 2024) and no debt. Gross Margin Expanded to 59.7% — Reflecting continued pricing discipline and supply chain efficiencies. Innovation Momentum Builds — New Zero flavours, including Wild Ice Pop, exceeded expectations and drove strong consumer demand, even during the Canadian transition. US...

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ParaZero Technologies Strengthens U.S. Drone Leadership with Innovative Solutions in Live U.S. Demonstration

Kfar Saba, Israel, June 12, 2025 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (the “company” or “ParaZero”), an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, announces its participation in recent live demonstrations and strategic engagements in the U.S. that underscore its commitment to advancing drone technologies used in the U.S., enhancing public safety, and supporting U.S. national security priorities. On June 4, 2025, ParaZero showcased its innovative DropAir emergency supply delivery system and SafeAir drone safety technology at the Constellis Security Conference in Virginia, USA. The event attracted key players from U.S. emergency response, military, and security organizations, as well as international representatives from countries including...

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BioNTech Announces Strategic Transaction to Acquire CureVac in Public Exchange Offer

Acquisition will strengthen the research, development, manufacturing and commercialization of mRNA-based cancer immunotherapy candidates, marking BioNTech’s next key milestone in the execution of its oncology strategy Acquisition of CureVac will complement BioNTech’s capabilities and proprietary technologies in mRNA design, delivery formulations, and mRNA manufacturing Public exchange offer for all shares of CureVac where each share of CureVac will be exchanged for approx. $5.46 in BioNTech American Depositary Shares (“ADSs”), representing a premium of 55% to CureVac’s three-month volume weighted average price of approx. $3.53 as of June 11, 2025 All-stock acquisition has potential to create long-term value for both companies’ shareholders given their complementary capabilities, focus on mRNA innovation, and shared vision Transaction...

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Parsons Celebrates the Completion of 9.1-Mile Light Rail Segment

CHANTILLY, Va., June 12, 2025 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) celebrated two station dedications on the new Foothill Gold Line light rail segment between Glendora and Pomona in Southern California’s San Gabriel Valley. The 9.1-mile segment achieved substantial completion in January, and the project has been turned over to the Los Angeles County Metropolitan Transportation Authority (Metro) for final testing, training, and preparation for passenger service, which is anticipated to begin later this year. Once operational, the new extension will be renamed, as it will be part of the 48.5-mile Metro A Line system – the longest light rail line in the country, that will carry passengers between Long Beach and Pomona. This extension of the Metro A Line is vital to the region’s vision for a more connected and sustainable...

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