Month: July 2025

Nano Dimension Statement Regarding Desktop Metal Bankruptcy and Strategic Decision Not to Acquire Assets

Written by Customer Service on July 28, 2025. Posted in Public Companies.

Waltham, Massachusetts, July 28, 2025 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leader in Digital Manufacturing solutions, today announced that its subsidiary, Desktop Metal, Inc. (“Desktop Metal”), has filed for bankruptcy protection under Chapter 11 of the Bankruptcy Code. The decision to file for bankruptcy protection was made by Desktop Metal’s independent Board of Directors, who conducted a process to explore available strategic alternatives and address Desktop Metal’s significant liabilities and liquidity needs stemming from decisions made by its prior management. Ofir Baharav, Nano Dimension’s CEO said: “We are safeguarding our financial strength and preserving our position as the best capitalized company in our ecosystem. This is what enables the Company’s to pursue strategic...

FAT Brands to Announce Second Quarter 2025 Financial Results On July 30, 2025

Written by Customer Service on July 28, 2025. Posted in Public Companies.

LOS ANGELES, July 28, 2025 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”), a leading global franchising company and parent company of iconic brands including Round Table Pizza, Fatburger, Johnny Rockets, Twin Peaks, Fazoli’s and 13 other restaurant concepts, today announced that the Company will host a conference call to review its second quarter 2025 financial results on Wednesday, July 30, 2025 at 4:30 PM ET. A press release with second quarter 2025 financial results will be issued prior to the conference call that day. The conference call can be accessed live over the phone by dialing 1-877-704-4453 from the U.S. or 1-201-389-0920 internationally. A replay will be available after the call until Wednesday, August 20, 2025, and can be accessed by dialing 1-844-512-2921...

Brown & Brown, Inc. announces second quarter 2025 results, including total revenues of $1.3 billion, an increase of 9.1%; Organic Revenue growth of 3.6%; diluted net income per share of $0.78; and Diluted Net Income Per Share – Adjusted of $1.03

Written by Customer Service on July 28, 2025. Posted in Earnings Releases And Operating Results.

DAYTONA BEACH, Fla., July 28, 2025 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) announced its unaudited financial results for the second quarter of 2025. Revenues for the second quarter of 2025 under U.S. generally accepted accounting principles (“GAAP”) were $1.3 billion, increasing $107 million, or 9.1%, compared to the second quarter of the prior year, with commissions and fees increasing by 8.2% and Organic Revenue increasing by 3.6%. Income before income taxes was $311 million, decreasing 10.1% from the second quarter of the prior year with Income Before Income Taxes Margin decreasing to 24.2% from 29.4%. EBITDAC – Adjusted was $471 million, increasing 12.1% from the second quarter of the prior year with EBITDAC Margin – Adjusted increasing to 36.7% from 35.7%....

Qualigen Therapeutics Provides Update on Nasdaq Communications and Continued Listing Status

Written by Customer Service on July 28, 2025. Posted in Public Companies.

CARLSBAD, Calif., July 28, 2025 (GLOBE NEWSWIRE) — Qualigen Therapeutics, Inc. (NASDAQ: QLGN) (the “Company”) received two different communications from the staff of the Nasdaq Listing Qualifications office of the Nasdaq Stock Market, LLC. The Company received the first notice from the Nasdaq Listings Qualifications office of the Nasdaq Stock Market LLC on July 23, 2025, informing the Company that as reflected in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 filed with the SEC on July 21, 2025, the Company failed to comply with the $2.5 million stockholder’s equity required under Nasdaq Rule 5550(b)(1) (the “Equity Rule”) or any alternative standard under Nasdaq 5550(b). On June 24, 2025, the Company received a second communication from the Office of the General Counsel of Nasdaq, confirming that...

Maravai LifeSciences To Host Earnings Conference Call on Monday, August 11, 2025

Written by Customer Service on July 28, 2025. Posted in Public Companies.

SAN DIEGO, July 28, 2025 (GLOBE NEWSWIRE) — Maravai LifeSciences, Inc. (Maravai) (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, plans to announce its second quarter 2025 financial and operating results after the market close on Monday, August 11, 2025, and will host a conference call and webcast on the same day at 2:00 p.m. PT/ 5:00 p.m. ET. To participate in the conference call by telephone, dial (800) 267-6316 or (203) 518-9783 and reference Maravai LifeSciences, Conference ID MARAVAI. The call will also be available via live or archived webcast on the “Investors” section of the Maravai web site at https://investors.maravai.com. About Maravai Maravai is a leading life sciences company providing critical products to enable the development of drug therapies,...

Early Warrant Expiration: Preliminary Notice

Written by Customer Service on July 28, 2025. Posted in Public Companies.

Price of Enovix common stock has exceeded $10.50 for five trading days The earliest expiration date for the Warrants is August 19, 2025 Reserves right to set Alternate Expiration Date for Warrants FREMONT, Calif., July 28, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX, ENVXW) (“Company” or “Enovix”), a leader in advanced silicon battery technology, today announced that the price of its common stock has exceeded $10.50 for five trading days since the distribution of the warrants to purchase common stock (the “Warrants”), currently traded on Nasdaq under ENVXW. Today’s closing price for Enovix common stock was $15.06 per share, and the Warrants are currently in-the-money based on their $8.75 per share exercise price. The earliest expiration date for the Warrants is August 19, 2025, subject to Enovix common stock continuing...

Farmers & Merchants Bancorp, Inc. Reports 2025 Second-Quarter and Year-to-Date Financial Results

Written by Customer Service on July 28, 2025. Posted in Earnings Releases And Operating Results.

ARCHBOLD, Ohio, July 28, 2025 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2025 second quarter and year-to-date ended June 30, 2025. 2025 Second Quarter Financial and Operating Highlights(at June 30, 2025 and on a year-over-year basis unless noted)89 consecutive quarters of profitability Net income increased 35.7% to $7.7 million, or $0.56 per basic and diluted share Net interest margin expands for fourth consecutive quarter, up 51 basis points year-over-year to 3.22% Total loans increased by $67.2 million, or 2.6% to $2.63 billion Total assets increased by $23.1 million, or 0.7% to $3.35 billion Total deposits increased by $69.2 million, or 2.6% to $2.71 billion Efficiency ratio improved to 64.93%, compared to 69.03% Asset quality remains at historically strong...

Tilray Brands Reports Fourth Quarter and Fiscal 2025 Financial Results

Written by Customer Service on July 28, 2025. Posted in Earnings Releases And Operating Results.

Fiscal Year Net Revenue of $821 Million, $834 Million in Constant Currency, Strategic Decisions Impacted Revenue by $35 Million Q4 Consolidated Adjusted EBITDA is the 2nd Highest in the Company’s History International Cannabis Revenue Increased 71% in Q4 and 19% for the Fiscal Year; Canadian Cannabis Remained #1 by Revenue in the Fiscal Year; Global Cannabis Gross Margin Increased by ~700 Basis Points in the Fiscal Year 19% Revenue Growth in Tilray Beverages with $241 Million for the Fiscal Year 9% Revenue Growth in Tilray Wellness with $60 Million for the Fiscal Year Strong Balance Sheet with $256 Million Available in Cash and Marketable Securities; Total Debt Repayments of ~$100 Million to Date Fiscal Year 2026 Adjusted EBITDA Expected to be Between $62 Million – $72 Million NEW YORK and LONDON and LEAMINGTON, Ontario, July 28,...

Universal Safety Products, Inc. (formerly Universal Security Instruments, Inc.) Announces its Fourth-Quarter and Year-End Results

Written by Customer Service on July 28, 2025. Posted in Earnings Releases And Operating Results.

OWINGS MILLS, Md., July 28, 2025 (GLOBE NEWSWIRE) — Universal Safety Products, Inc. (formerly Universal Security Instruments, Inc.) (NYSE American LLC: UUU) today announced its financial results for the fourth quarter and its fiscal year ended March 31, 2025. The Company reported:For the fourth quarter ended March 31, 2025, sales increased $1,780,152 (40.0%) to $6,226,621 from $4,446,469 from the comparable period last year. The Company reported net income of $1,302,551, or $0.56 per basic and diluted share compared to a net loss of $776,671, or $0.34 per basic and diluted share for the comparable period of the previous year. For the twelve months ended March 31, 2025, sales increased $4,045,881 (20.7%) to $23,563,554 versus $19,517,673 for the fiscal year ended March 31, 2024. The Company reported net income of $500,684, or...

RCLCO Mid-Year Report Ranks Summerlin® and Bridgeland® Among Nation’s Top-Selling Master Planned Communities

Written by Customer Service on July 28, 2025. Posted in Public Companies.

Howard Hughes Communities Sustain Strong Momentum in Home Sales Across National PortfolioSummerlinSummerlin, a Howard Hughes community in Las VegasBridgelandBridgeland, a Howard Hughes community in the Greater Houston AreaTHE WOODLANDS, Texas, July 28, 2025 (GLOBE NEWSWIRE) — Summerlin® and Bridgeland®, two of the award-winning communities in the Howard Hughes Holdings (NYSE: HHH) portfolio, have been ranked among the country’s top-selling master planned communities (MPCs), according to the mid-year 2025 report released by national real estate consultant RCLCO. The Summerlin community in Las Vegas ranked #7 on the RCLCO list with 515 new homes sold during the first half of 2025, and Bridgeland, in the Greater Houston area, ranked #14 nationwide with 438 new homes sold by mid-year. “The impressive mid-year...

Month: July 2025

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