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Day: August 4, 2025

Ryman Hospitality Properties, Inc. Reports Second Quarter 2025 Results

NASHVILLE, Tenn., Aug. 04, 2025 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP), a leading lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three and six months ended June 30, 2025. Second Quarter 2025 Highlights and Recent Developments:The Company reported all-time quarterly record consolidated revenue of $659.5 million, driven by Hospitality segment revenue of $516.2 million and all-time quarterly record Entertainment segment revenue of $143.3 million. Generated consolidated net income of $75.9 million and consolidated Adjusted EBITDAre of $211.9 million. Booked over 720,000 same-store Hospitality1 Gross Definite Room Nights for all future periods, at an estimated average daily rate...

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Great Elm Capital Corp. Announces Second Quarter 2025 Financial Results

Company to Host Conference Call and Webcast at 8:30 AM ET on August 5, 2025 PALM BEACH GARDENS, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (“we,” “our,” the “Company” or “GECC”) (NASDAQ: GECC), a business development company, today announced its financial results for the second quarter ended June 30, 2025.       Second Quarter and Other Recent HighlightsTotal investment income (“TII”) for the quarter ended June 30, 2025 was a record $14.3 million.Highest cash generative quarter in GECC’s history, with cash income comprising over 90% of TII.Net investment income (“NII”) for the quarter ended June 30, 2025 was $5.9 million, or $0.51 per share, as compared to $4.6 million, or $0.40 per share, for the quarter ended March 31, 2025.Increase in NII primarily driven by a distribution on preference shares in...

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Oak Ridge Financial Services, Inc. Announces Second Quarter 2025 Results and Quarterly Cash Dividend of $0.14 Per Share

OAK RIDGE, N.C., Aug. 04, 2025 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; or the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), today announced unaudited financial results for the second quarter of 2025. Financial Highlights for the Quarter Ended June 30, 2025Earnings per share (diluted): $0.81, up from $0.57 for the prior quarter and $0.46 for the second quarter of 2024. Return on average equity (Annualized): 14.13%, up from 10.04% for the prior quarter and 8.57% for the second quarter of 2024. Tangible book value per common share: $24.04 as of period end, up from $23.41 at the end of the prior quarter and $21.95 at the end of the comparable period in 2024. Net interest margin (Annualized): 4.16%, up from 3.97% for the prior quarter and 3.81% for the second quarter...

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BayFirst Discontinues Bolt SBA 7(a) Loan Program

ST. PETERSBURG, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or “Company”), parent company of BayFirst National Bank (“Bank”) today announced that as part of a comprehensive strategic review aimed at positioning the Company for long-term growth and enhanced shareholder value, the Bank has discontinued its Bolt loan program, effective immediately. The Bolt loan program was an SBA 7(a) loan designed to provide small balance loans to small businesses, typically used for working capital. The Company continues to explore a range of opportunities intended to increase emphasis on the Bank’s community banking activities in its Florida markets. The Company is also reviewing how it may strengthen its core SBA 7(a) offerings, improve its operations, and adapt to evolving local and financial market...

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Toll Brothers Announces New Luxury Community Coming Soon to Milpitas, California

MILPITAS, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Toll Brothers at South Main, is coming soon to Milpitas, California. This exclusive all-electric community will feature new luxury townhomes designed to offer modern living spaces and high-end finishes. Sales are anticipated to begin in fall 2025. Toll Brothers at South Main will include a selection of innovative home designs ranging from 1,565 to 2,330+ square feet with 3 to 4 bedrooms and 3 to 3.5 bathrooms. Each home will feature three stories of living space and an attached 2-car garage, providing ample space for families and professionals alike. Homes will be priced from $1.2 million.“Our new Toll Brothers at South Main community provides the rare opportunity...

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THEON acquires 100% of Germany-based Kappa Optronics, the fourth consecutive defense industrial investment in Germany, strengthening global footprint on electro-optic platform-based products

KAPPA’s premises in Göttingen GermanyKAPPA’s premises in Göttingen GermanyQuadbox DVEQuadbox DVETanks system compositionTanks system compositionMRTT System componentsMRTT System componentsPRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS)4 August 2025 – Theon International Plc (THEON) is pleased to announce the acquisition of 100% of Kappa Optronics GmbH (KAPPA), a Germany-based specialist in aviation and land optronics, for an Enterprise Value of €75 million, at an accretive multiple. The transaction will be financed through a mix of debt and IPO proceeds. Founded in 1978 and headquartered in Göttingen, Germany, KAPPA operates an R&D- driven, asset-light model focused on design, assembly, and quality assurance, also housing management and administrative functions—closely aligned with THEON’s....

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TX Rail Products, Inc. Reports Financial Results for Third Quarter of Fiscal 2025

Revenue up 5%; Gross Margin Remains Consistent at 29.8%Continued Profitability with Net Income of $297,000 ASHLAND, Ky., Aug. 04, 2025 (GLOBE NEWSWIRE) — TX Rail Products, Inc. (OTC Markets PINK: TXRP), a supplier of rail and rail products to the U.S. coal mining industry, short line railroads and tunneling contractors, today announced financial results for the third quarter of fiscal year 2025. Mr. Shrewsbury, CEO and Chairman of TX Rail Products, Inc., commented, “We continued to make solid progress in the third quarter, delivering year-over-year revenue growth and maintaining consistent gross margins, while investing in inventory to support anticipated demand. We are encouraged by the broader market signals and a resurgence in customer activity. We are seeing a release of pent-up demand as recent tariff concerns have begun to...

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Biofrontera Inc. to Report Second Quarter FY 2025 Financial Results on August 13, 2025

Woburn, MA, Aug. 04, 2025 (GLOBE NEWSWIRE) — Biofrontera Inc., (Nasdaq:BFRI) (“Biofrontera” or the “Company”), a biopharmaceutical company specializing in the commercialization of dermatological products, announces it will report financial results for the three and six months ended June 30, 2025 on Wednesday, August 13, 2025. The results will be released after the market close on Wednesday, August 13 and the company will host a conference call on Thursday, August 14 at 10:00am Eastern Time. Conference Call and Webcast InformationEvent: Biofrontera Inc. Second Quarter 2025 Financial Results and Business Update Conference CallDate: Thursday, August 14, 2025Time: 10:00am ETConference Call: 1-877-877-1275 (U.S.)1-412-858-5202 (international)Webcast: Webcast | Second Quarter 2025 Financial Results...

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GYRODYNE, LLC ANNOUNCES AGREEMENT TO SELL 49-ACRE PARCEL IN SMITHTOWN, NEW YORK AS PART OF STRATEGIC LIQUIDATION PLAN

ST. JAMES, N.Y., Aug. 04, 2025 (GLOBE NEWSWIRE) —  Gyrodyne, LLC (NASDAQ:GYRO), an owner and manager of a diversified portfolio of real estate properties, today announced that its subsidiary, GSD Flowerfield, LLC, has entered into a purchase and sale agreement (the “Agreement”) for the sale of approximately 49 acres of vacant land located within the Company’s Flowerfield complex in St. James, New York (the “Property”) to B2K Smithtown LLC (“B2K”). The Agreement sets a purchase price range of $24,000,000 to $28,740,000, with the final amount subject to certain conditions and contingencies, and based on current information, the Company estimates the final price to be $28,740,000.    “This agreement marks a significant milestone in the execution of our strategic plan,” said Gary Fitlin, Chief Executive Officer of Gyrodyne. “We believe...

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Avista Foundation awards 49 grants supporting youth and education across the Northwest

So far this year, the Avista Foundation has awarded approximately $491,950 in grants to support local communities SPOKANE, Wash., Aug. 04, 2025 (GLOBE NEWSWIRE) — In its second quarter, the Avista Foundation awarded $175,950 in grants to nonprofit organizations across Washington, Idaho and Oregon to support education and youth development. “It’s amazing what can happen when kids are given the tools to dream big and the support to chase those dreams. We’re proud to stand behind the programs that are helping local youth grow, learn, and thrive,” said Avista President and CEO Heather Rosentrater. The second quarter grants support a range of organizations and programs. A few examples include:In Spokane, Washington, the Avista Foundation is supporting the International Rescue Committee’s efforts to develop science, technology, engineering,...

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