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Day: July 29, 2025

Introducing Element Mobility – a Strategic Division to Drive the Future of Intelligent Fleet Technology

Element Fleet Management is advancing its leadership in fleet and mobility innovation with the launch of Element Mobility, a strategic division that brings together breakthrough technologies, forward thinking, and transformative partnerships to shape the future of fleet and mobility management. The innovation lab is the first of several pillars within the Element Mobility division. TORONTO, July 29, 2025 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today announced the launch of Element Mobility — a bold new division to advance next-generation fleet technologies, continuing Element’s leadership role in shaping the future of intelligent mobility. “Our industry is evolving at unprecedented speed, and Element Mobility...

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Captivision, Inc. Announces Extension Granted by Nasdaq to Regain Compliance with Periodic Filing Requirement

MIAMI, July 29, 2025 (GLOBE NEWSWIRE) — Captivision Inc. (“Captivision” or the “Company”) (NASDAQ: CAPT), a pioneering manufacturer and global LED solution provider, announced that it has been informed that the Nasdaq Hearings Panel (the “Panel”) has granted the Company’s request for continued listing on The Nasdaq Stock Market (“Nasdaq”), subject to certain conditions related to the Company’s ongoing efforts to regain compliance with Nasdaq Listing Rule 5250(c)(1) (the “Periodic Filing Rule”) The Company is working diligently with its independent auditor, KPMG Samjong Accounting Corp. (“KPMG”), to complete the restatement and re-audit of its financial statements. Captivision expects to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, on or before September 30, 2025. Pursuant to the Panel’s decision,...

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UroGen Pharma to Report Second Quarter 2025 Financial Results on Thursday, August 7th, 2025

Conference Call and Webcast Scheduled for Thursday, August 7th, 2025, at 10:00 AM ET PRINCETON, N.J., July 29, 2025 (GLOBE NEWSWIRE) — UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced that it will report second quarter 2025 financial results on Thursday, August 7th, 2025, prior to the open of the stock market. The announcement will be followed by a live audio webcast and conference call at 10:00 AM Eastern Time. A live public webcast of the earnings conference call can be accessed on UroGen’s Investor Relations website. Following the live webcast, a replay will be available on the site for approximately 30 days. About UroGen Pharma Ltd. UroGen is a biotech company dedicated to developing and commercializing...

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SemiCab Wins Expanded Contract with Kellanova India for Transportation Services in India

New Expansion Makes SemiCab a Top Five Provider of Transportation Services to Kellanova India Fort Lauderdale, FL, July 29, 2025 (GLOBE NEWSWIRE) — Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has been awarded a large expansion to its Master Services Agreement with Kellanova India, one of the largest fast-moving consumer packaged goods producers in India. Under the terms of the services agreement, SemiCab India will provide managed transportation services to Kellanova India along the densely populated South-West-Central corridors in India. SemiCab’s managed services are powered by its AI-powered, cloud-based Collaborative Transportation Platform, which is designed to reduce...

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Cerence AI Brings State-of-the-Art Voice Interaction to LG TVs with Human-Like Neural Text-to-Speech

Smart home leader LG leverages multi-lingual text-to-speech from Cerence AI to enable its TVs to deliver information via spoken voice BURLINGTON, Mass., July 29, 2025 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that LG Electronics Inc. is leveraging Cerence’s cloud neural text-to-speech (TTS) technology to power voice interaction across its global television lineup, bringing a natural and engaging experience to tens of millions of households. The announcement marks an important step in Cerence AI’s continued strategic expansion into new markets. LG TVs now feature Cerence’s AI-powered cloud neural TTS when the device is connected, as well as edge TTS, across 65 voices and languages, delivering high quality interaction and extensive...

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Recursion to Report Second Quarter 2025 Business Updates and Financial Results on August 5th

Company to host public (L)earnings call on August 5th at 8:00 am ET / 6:00 am MT / 1:00 pm BST Salt Lake City, UT, July 29, 2025 (GLOBE NEWSWIRE) — Recursion (Nasdaq: RXRX), a leading clinical stage TechBio company decoding biology to radically improve lives, announced today it will provide business updates and report its second quarter 2025 financial results on Tuesday, August 5, 2025, before the open of the financial markets. Recursion will host a (L)earnings Call on August 5, 2025 at 8:00 am ET / 6:00 am MT / 1:00 pm BST. The company will broadcast the live stream from Recursion’s X (formerly Twitter), LinkedIn, and YouTube accounts. Investors, analysts, and the public will be able to ask questions of the company by submitting questions here: https://forms.gle/pEH9b7wv2RxbrFDR7. About RecursionRecursion (NASDAQ: RXRX) is a clinical...

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Exagen Inc. Reports Strong Q2 2025 Results

CARLSBAD, Calif., July 29, 2025 (GLOBE NEWSWIRE) — Exagen Inc. (Nasdaq: XGN), a leading provider of autoimmune testing solutions, today reported financial results for the quarter ended June 30, 2025, and recent corporate updates.    Three Months Ended June 30,   Six Months Ended June 30,      2025       2024       2025       2024  (Unaudited, in thousands, exceptASP data)    Revenue   $ 17,202     $ 15,064     $ 32,700     $ 29,479  Gross margin     60.4 %     60.1 %     59.7 %     59.9 %Operating expenses   $ 13,025     $ 11,643     $ 25,513     $ 23,244  Operating loss   $ (2,630)     $ (2,587)     $ (5,995)     $ (5,590)  Net loss   $ (4,439)     $ (2,966)     $ (8,191)     $ (6,326)  Adjusted EBITDA   $ (1,721)     $ (1,598)     $ (4,229)     $ (3,590)  Cash and cash equivalents   $ 30,033     $ 24,479     $ 30,033     $ 24,479  Trailing-twelve-month...

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Sysco Reports Fourth Quarter and Full Year 2025 Results; Introduces FY26 Guidance

HOUSTON, July 29, 2025 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE: SYY) (“Sysco” or the “company”) today announced financial results for its 13-week fourth fiscal quarter and its fiscal year ended June 28, 2025. Key financial results for the fourth quarter of fiscal year 2025 include the following (comparisons are to the same period in fiscal year 2024):Sales increased 2.8%; U.S. Foodservice volume decreased 0.3%; Gross profit increased 3.9% to $4.0 billion; Operating income decreased 9.0% to $889 million, and adjusted operating income increased 1.1% to $1.1 billion1; Net earnings decreased 13.2% to $531 million, and adjusted net earnings increased 3.3% to $716 million1; EBITDA decreased 6.5% to $1.1 billion, and adjusted EBITDA increased 1.8% to $1.3 billion1,2; and EPS3 decreased 10.6% to $1.10, and adjusted EPS1 increased...

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Morris State Bancshares Announces Quarterly Earnings, Announces Retirement of Subordinated Debt and Declares Third Quarter Dividend

DUBLIN, Ga., July 29, 2025 (GLOBE NEWSWIRE) — Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank (the “Bank”), today announced net income of $6.0 million for the quarter ending June 30, 2025, representing an increase of $1.1 million, or 22.10%, compared to net income of $4.9 million for the quarter ended March 31, 2025. Compared to the same quarter a year ago, net income increased by $677 thousand, or 12.71%, from $5.3 million for the quarter ending June 30, 2024. Net interest income before provision for credit losses increased from the linked and prior year quarters by $744 thousand and $2.7 million, respectively. “The Company delivered solid second quarter results, driven by continued net interest margin expansion and steady balance sheet growth,” said Spence Mullis, Chairman and CEO. “Our...

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Franklin Electric Reports Second Quarter 2025 Results

Second Quarter 2025 HighlightsConsolidated net sales of $587.4 million, an increase of 8% to the prior year Net sales increased across all three segments; 8% in Water Systems, 6% in Energy Systems, and 5% in Distribution Operating income was $88.1 million, an increase of 11% to the prior year, with operating margin of 15.0% GAAP fully diluted earnings per share (EPS) was $1.31FORT WAYNE, Ind., July 29, 2025 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. today announced its second quarter financial results for fiscal year 2025. Second quarter 2025 net sales were $587.4 million compared to second quarter 2024 net sales of $543.3 million. Second quarter 2025 operating income was $88.1 million, compared to second quarter 2024 operating income of $79.1 million. Second quarter 2025 EPS was $1.31, compared to second quarter 2024...

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