Month: June 2025

Life360 Announces Closing of Upsized $320 Million Offering of 0.00% Convertible Senior Notes

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

SAN FRANCISCO, June 05, 2025 (GLOBE NEWSWIRE) — Life360, Inc. (NASDAQ: LIF, ASX: 360) (“Life360”), today announced the closing of its previously announced private offering of 0.00% convertible senior notes due 2030 (the “Notes”). The notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The offering represents the aggregate of both the previously announced, upsized offering of $275.0 million, as well as the full exercise of the $45.0 million option to purchase additional notes granted by Life360 to the initial purchasers of the notes, which aggregates to $320 million in principal amount of the Notes. The net proceeds from the offering were approximately $308.9 million, after deducting...

Vireo Growth Inc. Announces Closing of Proper Brands Acquisition in Missouri

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

MINNEAPOLIS , June 05, 2025 (GLOBE NEWSWIRE) — Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF), today announced that it has closed its previously-announced transaction to acquire Missouri-based Proper Brands (“Proper”) through the acquisition of NGH Investments, Inc. and Proper Holdings Management, Inc., subsidiaries of Proper Holdings, LLC, a management company providing services to Proper’s portfolio of 11 retail dispensaries in Missouri. Proper was founded in 2022 and is currently one of the largest independent operators in Missouri’s adult-use, recreational cannabis market. The company has a total retail footprint of 11 retail dispensaries, with one undeveloped retail license. All stores are in the St. Louis area except for one in Kansas City. The company operates a cultivation and manufacturing facility...

FTAI Aviation Ltd. Announces Closing of QuickTurn Europe Joint Venture

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

Joint Venture Will Increase FTAI’s Global Maintenance Capacity by Approximately 40% NEW YORK and ROME, June 05, 2025 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (Nasdaq: FTAI) (“FTAI” or the “Company”) today announced that it has closed its previously announced acquisition of a 50% ownership stake in IAG Engine Center Europe S.r.l. (“IAG Engine Center”), an Italian company operating a 200,000 square-foot CFM56 engine maintenance repair and overhaul facility located at the Rome Fiumicino Airport, which has been rebranded Quick Turn Engine Center Europe S.r.l., or “QuickTurn Europe.” Highlights of the joint venture include:Adds third owned and managed CFM56 engine shop to FTAI Aviation network, complementing existing facilities in Montréal and Miami Increases FTAI’s module maintenance capacity by 450 modules (150 engines) per year, representing...

Quanex Building Products Announces Second Quarter 2025 Results and Reaffirms Full Year 2025 Guidance

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

Seasonal Uptick Unfolding as ExpectedVolume Growth in European Fenestration SegmentResults Again Lifted by Contribution from Tyman AcquisitionTyman Integration Ahead of TimelineCost Synergy Target Increased to ~$45 Million HOUSTON, June 05, 2025 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months ended April 30, 2025. The Company reported the following selected financial results: Three Months Ended April 30, Six Months Ended April 30,($ in millions, except per share data) 2025 2024 2025 2024Net Sales $452.5 $266.2 $852.5 $505.4Gross Margin $131.4 $66.2 $223.7 $117.7Gross Margin % 29.0% 24.9% 26.2% 23.3%Net Income $20.5 $15.4 $5.6 $21.6Diluted EPS $0.44 $0.46 $0.12 $0.65 Adjusted...

Oil-Dri Announces Highest Third Quarter Results on Record

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

CHICAGO, June 05, 2025 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced results for its third quarter and first nine-months of fiscal year 2025. Third Quarter Year to Date(in thousands, except per share amounts) Ended April 30, Ended April 30, 2025 2024 Change 2025 2024 ChangeConsolidated Results Net Sales $ 115,501 $ 106,779 8% $ 360,360 $ 323,885 11%Operating Income * $ 13,904 $ 10,432 33% $ 52,576 $ 38,753 36%Net Income $ 11,644 $ 7,777 50% $ 40,941 $ 30,901 32%EBITDA † $ 20,248 $ 14,997 35% $ 68,631 $ 51,614 33%Diluted EPS – Common ‡ $ 0.80 $ 0.53 51% $ 2.81 $ 2.13 32%Business to Business Net Sales $ 42,678 $ 36,196 18% $ 134,509 $ 111,591 21%Segment Operating Income $ 13,382 $ 10,605 26% $ 44,814 $ 32,713 37%Retail...

Zumiez Inc. Announces Fiscal 2025 First Quarter Results

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

First Quarter Comparable Sales Increased 5.5%First Quarter North America Comparable Sales Increased 7.4%Board Approves New Stock Repurchase Authorization LYNNWOOD, Wash., June 05, 2025 (GLOBE NEWSWIRE) — Zumiez Inc. (NASDAQ: ZUMZ) a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women, today reported results for the first quarter ended May 3, 2025. Net sales for the first quarter ended May 3, 2025 (13 weeks) increased 3.9% to $184.3 million from $177.4 million in the first quarter ended May 4, 2024 (13 weeks). Comparable sales for the thirteen weeks ended May 3, 2025, increased 5.5%. Net loss in the first quarter of fiscal 2025 was $14.3 million, or $0.79 per diluted share, compared to a net loss of $16.8 million, or $0.86 per diluted share, in the first quarter of the prior fiscal...

Mission Produce® Announces Fiscal 2025 Second Quarter Financial Results

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

Achieved record fiscal second quarter revenue driven by the Marketing & Distribution segment OXNARD, Calif., June 05, 2025 (GLOBE NEWSWIRE) — Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or “the Company”) a world leader in sourcing, producing, and distributing fresh Hass avocados, today reported its financial results for the fiscal second quarter ended April 30, 2025. Fiscal Second Quarter 2025 Financial Overview:Total revenue increased 28% to $380.3 million compared to the same period last year Net income of $3.1 million, or $0.04 per diluted share, compared to $7.0 million, or $0.10 per diluted share, for the same period last year Adjusted net income of $8.7 million, or $0.12 per diluted share, compared to $9.8 million, or $0.14 per diluted share, for the same period last year Adjusted EBITDA of $19.1 million, compared...

Concrete Pumping Holdings Reports Second Quarter Fiscal Year 2025 Results

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

Announces $15 Million Increase to Share Repurchase Plan DENVER, June 05, 2025 (GLOBE NEWSWIRE) — Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the second quarter ended April 30, 2025. Second Quarter Fiscal Year 2025 Summary vs. Second Quarter of Fiscal Year 2024 (where applicable)Revenue of $94.0 million compared to $107.1 million. Gross profit of $36.2 million compared to $41.8 million. Income from operations of $8.3 million compared to $12.1 million. Net loss of $0.0 million compared to net income of $3.0 million. Net loss attributable to common shareholders was $0.4 million, or $(0.01) per diluted share, compared to net income of $2.6 million, or $0.05...

ServiceTitan Announces Fiscal First Quarter Financial Results

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

LOS ANGELES, June 05, 2025 (GLOBE NEWSWIRE) — ServiceTitan (NASDAQ: TTAN), the software platform that powers the trades, today announced financial results for the fiscal first quarter ended April 30, 2025. “I am humbled by the way that our team, in partnership with our customers, performed this quarter,” said Ara Mahdessian, Co-Founder and CEO. “The quality and breadth of execution underscore our opportunity to transform the lives of every hardworking contractor in the trades.” “The ROI we deliver to our customers continues to be our greatest advantage,” said Vahe Kuzoyan, Co-Founder and President, “We’re building a series of stacking S-curves to put ourselves in a position to deliver transformative customer outcomes, and each of our four primary areas of focus this year are off to a strong start.” Fiscal First Quarter 2026...

Colliers to partner with leading engineering firm in Ontario

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

Complements existing footprint and enhances capabilities TORONTO and PETERBOROUGH, ON, June 05, 2025 (GLOBE NEWSWIRE) — Global diversified professional services and investment management company, Colliers (NASDAQ, TSX: CIGI), announced today that its Canadian engineering platform, Englobe Corporation (“Englobe”), has finalized an agreement to acquire Cambium Inc. (“Cambium”), a leading multi-service engineering consulting firm in Ontario. The addition will strengthen Englobe’s scale, geographic footprint, and capabilities in Canada’s largest market. Cambium’s senior team will become shareholders of Englobe under Colliers’ unique partnership model and will play a key role in leadership going forward. Terms of the transaction were not disclosed. Founded in 2006, Cambium’s 235 professionals provide geotechnical engineering, environmental...

Month: June 2025

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