Day: August 5, 2025

Company shares partnership and clinical updates including $7 million Sanofi milestone and more information on patient populations for REC-1245 (RBM39) and REC-617 (CDK7) SALT LAKE CITY, Aug. 05, 2025 (GLOBE NEWSWIRE) — Recursion (Nasdaq: RXRX) a leading clinical stage TechBio company decoding biology to radically improve lives, today reported business updates and financial results for its second quarter ended June 30, 2025. Recursion will host a (L)earnings Call on August 5, 2025 at 8:00 am ET / 6:00 am MT / 1:00 pm BST from Recursion’s X (formerly Twitter), LinkedIn, and YouTube accounts giving analysts, investors, and the public the opportunity to ask questions of the company by submitting questions here: https://forms.gle/tZx2fkcmm7BDk9cJ8. “The power of our platform not only allows us to discover and develop potential...

Delivers 2.6% Same-Store Sales Growth(1), 6% Revenue Growth Raises 2025 Outlook and Announces Chief Executive Officer Succession Plan MARKHAM, Ontario, Aug. 05, 2025 (GLOBE NEWSWIRE) — Pet Valu Holdings Ltd. (“Pet Valu” or the “Company”) (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, today announced its financial results for the second quarter ended June 28, 2025. Second Quarter HighlightsSystem-wide sales(1) were $369.9 million, an increase of 4.6% versus Q2 2024. Same-store sales growth was 2.6%.Revenue was $280.6 million, up 5.8% versus Q2 2024.Adjusted EBITDA(2) was $60.2 million, up 4.2% versus Q2 2024, representing 21.4% of revenue. Operating income was $36.7 million, up 8.7% versus Q2 2024.Net income was $21.8 million, up from $17.8 million in...

Announces $25 Million Cost Reduction Program CHICAGO, Aug. 05, 2025 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today provided financial results for the second quarter ended June 30, 2025. “We continued to navigate a challenging industry backdrop in the second quarter as we saw pressure on consumer spending coupled with continued competitive intensity in performance marketing channels,” said Stan Chia, Vivid Seats CEO. “Industry monthly volume trends have been unpredictable while competitive intensity persists near peak levels. While near-term growth is under pressure, we continue to view live events as an attractive long-term...

Second Quarter Highlights and Recent DevelopmentsSecond quarter revenue of $20.0 million, up 74.9% y/y, within target guidance Cost efficiencies drive operating expenses to multi-year low Secured $75 million strategic financing facility, effective July 2, 2025 Tony Alvarez appointed as Independent Director as Dean Priddy retires from the BoardAUSTIN, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) —  FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the second quarter that ended June 30, 2025. “Second quarter results were in-line with our guidance ranges, with continued cost controls allowing for Adjusted EBITDA to come in at the high-end of the range”, commented Yann Brandt, President and Chief Executive Officer of FTC Solar. “As we approach my one-year anniversary with...

WEST PALM BEACH, Fla., Aug. 05, 2025 (GLOBE NEWSWIRE) — Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced its second quarter 2025 results and provided a business update. Second Quarter 2025:Net income attributable to common stockholders of $20 million; diluted EPS of $2.40; ROE of 17% Adjusted pre-tax income* of $16 million, resulting in annualized adjusted ROE* of 14% Book value per share improved to $60 as of June 30, 2025, up $2.94 YoY Originations volume of $9.4 billion, up 35% YoY, exceeding 23% industry growth Average servicing UPB of $307 billion, up $2 billion YoY2025 Outlook:Confirmed previous guidance including 2025 adjusted ROE* range of 16% – 18% (ROE and adjusted ROE* at 18% for first half of 2025) Some or all of $180 million deferred tax valuation allowance (US) as of December 31,...

Delivers second quarter sales of $1.3 billion and adjusted EBITDA margin of 20.1% 2025 outlook for $5.150 to $5.350 billion in sales and $970 to $1,070 million in adjusted EBITDA includes contribution from Progressive Roofing acquisition DAYTONA BEACH, Fla., Aug. 05, 2025 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, today reported results for the second quarter ended June 30, 2025. Robert Buck, President and CEO of TopBuild, commented, “We have accomplished a great deal in 2025 to date, most recently closing the acquisition of Progressive Roofing and establishing a new platform for growth in the large and highly complementary roofing...