Month: July 2025

Uniti and Windstream Obtain All Necessary Regulatory Approvals to Complete Merger

Written by Customer Service on July 24, 2025. Posted in Mergers And Acquisitions.

Uniti Receives Favorable Private Letter Ruling from IRS LITTLE ROCK, Ark., July 24, 2025 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) and New Windstream, LLC (“Windstream”) jointly announced today the receipt of regulatory approval from the California Public Utilities Commission to complete the previously announced merger (the “Merger”) between Uniti and an affiliate of Windstream. All other state and federal regulatory approvals necessary for completion of the Merger were previously received, and the Company’s stockholders approved the Merger at a special meeting held on April 2, 2025. As a result, Uniti and Windstream expect the Merger to be completed after market close on or around August 1, 2025. “We are thrilled to be crossing the finish line on our transformational merger with Windstream....

Minerals Technologies Inc. Announces 2025 Second Quarter Financial Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

— Earnings per Share of $1.44, or $1.55 Excluding Special Items, Up 36% Sequentially — — Operating Income of $75 Million, or $79 Million Excluding Special Items, Up 25% Sequentially — — Operating Margin of 14.1% of Sales, or 14.9% Excluding Special Items — — Strong Second Quarter Cash Flow– — Released 17th Annual Sustainability Report — NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”), a leading, technology-driven specialty minerals company, today reported earnings per share for the second quarter ended June 29, 2025, of $1.44 or $1.55 excluding special items. Second Quarter 2025 Consolidated Results In the second quarter, MTI’s worldwide net sales were $529 million, up 8 percent sequentially as demand rebounded...

Hammond Power Solutions Reports Second Quarter 2025 Financial Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

(Dollar amounts are in thousands, in Canadian currency unless otherwise specified) GUELPH, Ontario, July 24, 2025 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers, power quality products and related magnetics, today announced its financial results for the second quarter 2025. HIGHLIGHTSRecord sales of $224 million in the quarter, a 13.8% increase vs quarter 2, 2024. Adjusted EBITDA of $33 million in the quarter, or 14.9% of sales. Gross margin was $68 million or 30.7% of sales. Net earnings of $13.4 million in the quarter, significantly impacted by share-based compensation. Adjusted earnings per share of $1.72. Earnings per share of $1.12. Due to record sales, backlog is lower by 8% vs the first quarter of 2025 but remains 9% higher vs the end of 2024.We...

Carriage Services Announces 2025 Second Quarter Earnings Release and Conference Call Schedule

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

HOUSTON, July 24, 2025 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced plans to release 2025 second quarter results on Wednesday, August 6, 2025, after the market closes. In conjunction with the release, Carriage Services has scheduled a conference call, which will be broadcast live via webcast on Thursday, August 7, 2025, at 8:00 a.m. Central Time.What: Carriage Services Second Quarter 2025 Earnings Conference CallWhen: Thursday, August 7, 2025 – 8:00 a.m. Central TimeHow: Live via phone – By dialing 888-254-3590 (Conference ID 6237081) or live via webcast link Click to Join.An audio archive of the call will be available on demand via the Company’s website at www.carriageservices.com. Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United...

Heritage Commerce Corp Reports Second Quarter and First Six Months of 2025 Financial Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

SAN JOSE, Calif., July 24, 2025 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), (the “Company”), the holding company for Heritage Bank of Commerce (the “Bank”) today announced its financial results for the second quarter and six months ended June 30, 2025. All data are unaudited.REPORTED SECOND QUARTER 2025 HIGHLIGHTS: Net Income Earnings Per Share Pre-Provision Net Revenue (“PPNR”)(1) Fully Tax Equivalent (“FTE”) Net Interest Margin(1) Efficiency Ratio(1) Tangible Book Value Per Share(1) $6.4 million $0.10 $9.4 million 3.54 % 80.23 % $8.49 ADJUSTED SECOND QUARTER 2025 HIGHLIGHTS:(1) Net Income Earnings Per Share PPNR(1) FTE Net Interest Margin(1) Efficiency Ratio(1) Tangible Book Value Per Share(1) $13.0...

embecta to Report Fiscal Third Quarter 2025 Financial Results

Written by Customer Service on July 24, 2025. Posted in Public Companies.

PARSIPPANY, N.J., July 24, 2025 (GLOBE NEWSWIRE) — Embecta Corp. (“embecta”) (Nasdaq: EMBC), a global company that is advancing its 100-year legacy in insulin delivery to become a broad-based medical supplies company, will host a conference call to discuss its fiscal third quarter 2025 financial results, provide an operational update, and host a question and answer session, at 8:00 a.m. Eastern Time (ET) on Friday, August 8, 2025. Those who would like to participate may access the live webcast here, or access the teleconference here. The live webcast can also be accessed via the company’s website at investors.embecta.com. A webcast replay of the call will be available beginning at 11:00 a.m. ET on August 8, 2025, via the embecta investor relations website and archived on the website for one year. About embecta embecta is a global...

Rakovina Therapeutics Announces Warrant Exercise Incentive Program

Written by Customer Service on July 24, 2025. Posted in Public Companies.

VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) — Rakovina Therapeutics Inc. (TSXV: RKV) (the “Company” or “Rakovina”) a biopharmaceutical company advancing cancer therapies through artificial intelligence (AI)-powered drug discovery is pleased to announced that, as an update to the previously announced warrant amendments, the Company intends to implement an early exercise warrant incentive program (the “Incentive Program”) intended to encourage the exercise of up to 19,200,000 outstanding common share purchase warrants of the Company (the “Eligible Warrants”) which were issued as part of a non-brokered private placement that closed in multiple tranches between June 26, 2024 and July 26, 2024. At the time of issuance, each Eligible Warrant was exercisable to purchase one (1) pre-consolidation common share of the Company...

Absci Announces Proposed Public Offering of Common Stock

Written by Customer Service on July 24, 2025. Posted in Public Companies.

VANCOUVER, Wash., July 24, 2025 (GLOBE NEWSWIRE) — Absci Corporation (Nasdaq: ABSI) (“Absci”), a clinical-stage biopharmaceutical company advancing potential breakthrough therapeutics designed with generative AI, announced today that it has commenced an underwritten public offering of $50 million of shares of its common stock. Absci also intends to grant the underwriters a 30-day option to purchase up to an additional $7.5 million of shares of its common stock. All of the shares in the proposed offering are to be sold by Absci. Absci intends to use the net proceeds from the offering to fund the advancement of its internally developed programs, continued investment in its Integrated Drug Creation™ platform, and for working capital and other general corporate purposes. Morgan Stanley, J.P. Morgan, Jefferies, and TD Securities...

Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

OPT Enters Fiscal 2026 with Record Backlog and Record Pipeline MONROE TOWNSHIP, N.J., July 24, 2025 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), today announced financial results for its fiscal fourth quarter (“4Q25”) and full-year ended April 30, 2025 (“FY25”). Highlights include: FY25 RESULTS and RECENT HIGHLIGHTSBacklog at April 30, 2025 was $12.5 million, a 158% increase over the prior year. Pipeline as of the date of this release stands at $137.5 million, an 88% increase over the $71.6 million pipeline at April 30, 2024. Operating expenses of $23.3 million for FY25 decreased $8.9 million, or 28%, versus $32.2 million for the year ended April 30, 2024. Revenues for FY25 of $5.9 million increased 6% over FY24 revenues.Global Platform Deployments:Shipped...

First Western Reports Second Quarter 2025 Financial Results

Written by Customer Service on July 24, 2025. Posted in Earnings Releases And Operating Results.

Second Quarter 2025 SummaryTotal loans increased $115 million, or 4.7%, from $2.43 billion as of Q1 2025 to $2.54 billion as of Q2 2025 Net interest margin increased 6 basis points from 2.61% in Q1 2025 to 2.67% in Q2 2025 Net interest income increased $0.4 million from $17.5 million in Q1 2025 to $17.9 million in Q2 2025 Non-interest expense decreased $0.3 million from $19.4 million in Q1 2025 to $19.1 million in Q2 2025 Net income available to common shareholders of $2.5 million, or $0.26 per diluted share, in Q2 2025DENVER, July 24, 2025 (GLOBE NEWSWIRE) — First Western Financial, Inc. (“First Western” or the “Company”) (NASDAQ: MYFW), today reported financial results for the second quarter ended June 30, 2025. Net income available to common shareholders was $2.5 million, or $0.26 per diluted share, for the second quarter...

Month: July 2025

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