Day: August 6, 2025

PLYMOUTH, Mich. and ROLLE, Switzerland, Aug. 06, 2025 (GLOBE NEWSWIRE) — Garrett Motion Inc. (Nasdaq: GTX) (“Garrett” or the “Company”), a leading differentiated automotive technology provider, today announced the successful repricing of its existing $690 million term loan due in 2032. Borrowings under the facility will bear interest at the Secured Overnight Financing Rate (SOFR) plus 200 basis points per annum, which represents a 25-basis point reduction from the existing facility.“We are pleased to have successfully completed the repricing of our term loan, which reflects the strength of our financial profile and the confidence lenders have in our long-term strategy,” said Olivier Rabiller, President and CEO of Garrett. “This repricing will further decrease our interest expense and build on our liquidity...

NORWOOD, Mass., Aug. 06, 2025 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the second quarter ended June 30, 2025. Management Commentary “We delivered growth and expanded operations across our business during the second quarter, continuing our progress of building a leading cannabis consumer packaged goods company,” said Jon Levine, MariMed Chief Executive Officer. “Our ‘Expand the Brand’ strategy is working. Our innovative, high-quality portfolio of brands grew or maintained their market share across our core markets. We remain confident in delivering the shareholder value our investors deserve by leveraging our brands as the primary growth engine of our company. Looking...

Second Quarter 2025 Highlights:Gross revenues of $30.5 million for the quarter, up 11% versus the prior year period Operating income of $8.8 million for the quarter, up 8% versus the prior year period Operating profit margin of 29.9%, versus 30.4% for the prior year period Net income of $7.3 million, up 8% versus the prior year period, and quarterly diluted GAAP EPS of $0.60, up 7% Total cash returned to shareholders during the quarter of $2.2 million, in the form of dividends Announcing third quarter 2025 dividend of $0.18 per share 556 OTCQX® and 1,073 OTCQB® companies at quarter end 18 graduates to a national securities exchange during the quarter 113 subscribers to OTC Link ECN as of June 30, 2025, versus 114 as of June 30, 2024 137 unique OTC Link subscribers as of June 30, 2025, versus 140 as of June 30, 2024 Approximately 63,000...

Strong free cash flow generation Robust margin expansion with an 80 basis points increase in adjusted EBITDA margin Enhanced financial outlook with adjusted EBITDA now expected to reach the higher end of the rangeMONTREAL, Aug. 06, 2025 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading professional services firms, today announced financial results for the second quarter and six-month period ended June 28, 2025. WSP delivered strong performance in Q2 2025 including an 80 basis points increase in adjusted EBITDA margin(2), when compared to Q2 2024. Free cash inflow increased significantly over the prior year while days sales outstanding (“DSO”) reached a historical best for a second quarter of any of the Corporation’s fiscal years. The 2025 financial...

HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines” or the “Company”), a leading space technology, infrastructure, and services company, today announced it has signed a definitive agreement to acquire KinetX, Inc. (“KinetX”), a privately held Arizona-based aerospace company with more than 30 years of experience delivering flight-proven deep space navigation, systems engineering, ground software, and constellation mission design to the U.S. government and international customers. The acquisition strengthens Intuitive Machines’ position as a vertically integrated provider of end-to-end systems for the Moon, Mars, and beyond, marking the Company’s formal expansion into the precision navigation and flight dynamics segment of deep space operations. The acquisition is expected to close...