Day: August 6, 2025

SPOKANE, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) — Avista Corp. (NYSE: AVA) today announced financial results for the second quarter of 2025. Net income and earnings per diluted share for the second quarter and year-to-date 2025 compared to the same periods in 2024 are presented in the table below (dollars in millions, except per-share data):    Second Quarter     Year-to-Date      2025     2024     2025     2024  Net Income (Loss) by:                        Reportable Segments                        Avista Utilities   $ 23     $ 24     $ 101     $ 91  AEL&P     1       1       4       5  Other non-reportable segment loss     (10 )     (2 )     (12 )     (2 )Total net income   $ 14     $ 23     $ 93     $ 94  Earnings (Loss) per Diluted Share:                        Reportable Segments                        Avista...

Revenues Increased by 37%; GAAP Operating Income of $5.7 Million; Adjusted EBITDA of $11.8 Million Raises Midpoint of 2025 Revenue and EBITDA Guidance PETAH TIKVA, Israel, Aug. 06, 2025 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter, ended June 30, 2025. Second Quarter 2025 Financial HighlightsRevenues of $105 million, up 37% compared with $76.6 million in Q2 2024; GAAP operating income of $5.7 million, compared with GAAP operating income of $2.8 million in Q2 2024; Non-GAAP operating income of $9.3 million, compared with $7.3 million in Q2 2024; GAAP net income of $9.8 million, or $0.17 per diluted share, compared with GAAP net income of $1.3 million, or $0.02 per diluted...

MANITOWOC, Wis., Aug. 06, 2025 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reported results for its fiscal 2026 first quarter (Q1’26) ended June 30, 2025, retaining its three segment reporting structure. Orion maintained its FY 2026 revenue growth outlook of 5% to approximately $84M, which should position it to approach or achieve positive FY 2026 adjusted EBITDA. Orion will hold an investor call today at 10:00 a.m. ET – details below.  Q1 Financial Summary   Prior Three Quarters$ in millions except per share figures Q1’26 Q1’25 Change   Q4’25 Q3’25 Q2’25LED Lighting Revenue $12.9 $12.8 +1%   $10.9 $13.2 $10.8EV Charging Revenue $2.7 $3.8 -30%   $5.8 $2.4 $4.7Maintenance...

For the three months ended June 30, 2025, from continuing operations:Revenues of $710.3 million GAAP net loss of $(374.9) million, inclusive of a non-cash goodwill impairment charge Adjusted EBITDA of $54.9 million GAAP and adjusted net (loss) income per diluted share of $(4.14) and $0.19, respectively Book-to-bill ratio of 0.79x, resulting in 1.10x book-to-bill for the trailing 12 months Cost saving initiatives remain on track Raising 2025 revenue guidance to a range of $2,600 million to $2,700 million; affirming 2025 adjusted EBITDA guidanceDURHAM, N.C., Aug. 06, 2025 (GLOBE NEWSWIRE) — Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today reported financial results for the second quarter ended June 30, 2025. “As Fortrea marked two years of independence at the end of June, the...

Third Quarter HighlightsGAAP: Net sales of $839 million, Operating income of $13 million Non-GAAP: Adjusted EBITDA of $91 million Confirming post-merger adjusted free cash flow and Adjusted EBITDA rangeCHARLOTTE, N.C., Aug. 06, 2025 (GLOBE NEWSWIRE) — Magnera (NYSE: MAGN), a global leader in specialty materials for the consumer products and personal care markets, today reported financial results for its fiscal 2025 third quarter ended June 28, 2025. Curt Begle, Magnera’s CEO, commented: “Reflecting on the third quarter, I am pleased with our progress and what we have achieved in these challenging market conditions. We are confirming our original free cash flow guidance as well as the range of adjusted EBITDA communicated in our second quarter earnings call. Looking ahead, we are energized by the value creation opportunities...

HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC) today announced second quarter 2025 results from continuing operations. Second Quarter 2025 Financial Highlights:Sales of $798 million, a 12% increase compared to the first quarter of 2025 Gross profit, as a percentage of sales, of 18.9%   Adjusted Gross Profit, as a percentage of sales, of 21.6% Net income from continuing operations of $13 million   Adjusted EBITDA of $54 million, or 6.8% of sales   Returned $15 million to shareholders through share repurchasesRob Saltiel, MRC Global’s President and CEO, stated, “We delivered a strong second quarter, with revenue rising 12% from the first quarter of 2025, at the top of our previous guidance range. All sectors contributed to the sequential revenue increase, led by PTI with 26% sales growth due to robust project...

Announced Over $55B of Asset Sales to Date in 2025 Quarterly Fee-Related Earnings Up 16% Year-Over-Year and 18% Over the Last Twelve Months $22B of Capital Raised in the Quarter and $97B Raised Over the Last Twelve Months NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) — Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) (“BAM”), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, today announced financial results for the quarter ended June 30, 2025. Connor Teskey, President of Brookfield Asset Management, stated, “Our second quarter results highlight the continued momentum and strength of our business. Fee-related earnings were up 16%, with distributable earnings up 12%. We have announced sales of over $55 billion of assets to date in 2025, demonstrating the...