Day: August 7, 2025

Alaris Equity Partners Income Trust Releases 2025 Second Quarter Financial Results

Written by Customer Service on August 7, 2025. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, Aug. 07, 2025 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three and six months ended June 30, 2025. All amounts below are in Canadian dollars unless otherwise noted. Highlights:Alaris’s Net book value (1) per unit of $23.57 at June 30, 2025 decreased by $0.77 from March 31, 2025. . The $0.59 in growth of per unit earnings from Q1 2025 was offset by $0.98 per unit unrealized foreign exchange loss related to the rise in the Canadian/US dollar exchange rate as well as the Trust’s quarterly distribution of $0.34 per unit; Total revenue...

ATN Reports Second Quarter 2025 Results; Reaffirms 2025 Outlook

Written by Customer Service on August 7, 2025. Posted in Earnings Releases And Operating Results.

Second Quarter 2025 vs. Second Quarter 2024 Financial HighlightsExpanded high-speed broadband homes passed by 8% Grew total high-speed subscribers by 1% Second-quarter revenues declined 1% to $181.3 million Second quarter operating income decreased to $0.2 million Second quarter net loss was $(7.0) million, or $(0.56) per share Second quarter Adjusted EBITDA1 decreased 6% to $45.8 million Net cash provided by operating activities for the year-to-date period increased 2% to $59.8 million Capital expenditures for the year-to-date period were $42.0 million (net of $45.9 million reimbursements) Net Debt Ratio3 was 2.58x on June 30, 2025Reaffirmed Outlook for Full Year 2025Revenue, excluding construction revenue, is expected to be in line with last year’s result of $725 million Adjusted EBITDA2 is expected to be essentially flat with...

Serve Robotics Announces Second Quarter 2025 Results

Written by Customer Service on August 7, 2025. Posted in Earnings Releases And Operating Results.

Delivery Volume growth of nearly 80% quarter over quarterLaunched Atlanta market and announced Chicago launch in the coming weeksSecond quarter revenue of $642 thousand, a 46% increase versus Q1 2025Maintained a strong liquidity position of $183 millionSAN FRANCISCO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Serve Robotics Inc. (the “Company” or “Serve”) (Nasdaq: SERV), a leading autonomous sidewalk delivery company, today announced financial results for the second quarter ended June 30, 2025. “Serve is building the world ahead, where autonomous last mile transportation is ubiquitous and foundational,” said Dr. Ali Kashani, Serve’s Co-founder and CEO. “This quarter marked a major step forward as we expanded into new markets, scaled operations, and fueled our autonomy flywheel to an unprecedented degree. With every successful delivery,...

Coherus Oncology Reports Second Quarter 2025 Financial Results and Provides Business Update

Written by Customer Service on August 7, 2025. Posted in Earnings Releases And Operating Results.

– LOQTORZI net revenue was $10.0 million, a 36% increase over Q1 2025 – – Data readouts for CHS-114 and casdozokitug on track for 1H 2026 – – Q2 2025 ending cash, cash equivalents and marketable securities of $238 million – – Conference call today at 5:00 p.m. Eastern Time – REDWOOD CITY, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) — Coherus Oncology, Inc. (Nasdaq: CHRS), today reported financial results for the second quarter ended June 30, 2025 and provided an overview of recent business highlights. “Coherus Oncology is dedicated to significantly extending survival for people with cancer,” said Denny Lanfear, Coherus Chairman and Chief Executive Officer. “We are executing well commercially, and our focus on maximizing LOQTORZI’s potential in nasopharyngeal carcinoma has resulted in a 36% net revenue increase over Q1 2025 to $10.0...

Western Announces Second Quarter 2025 Results

Written by Customer Service on August 7, 2025. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported Adjusted EBITDA of $0.5 million in the second quarter of 2025, which included an inventory provision expense of $3.6 million related to price declines in certain lumber products. In comparison, the Company reported Adjusted EBITDA of $9.4 million in the second quarter of 2024, which included a $5.3 million inventory provision recovery, and Adjusted EBITDA of $3.5 million in the first quarter of 2025, which included an inventory provision expense of $1.8 million. Net loss was $17.4 million in the second quarter of 2025, as compared to a net loss of $5.7 million in the second quarter of 2024, and net income of $13.8 million in the first quarter of 2025.(millions of Canadian dollars except...

Genelux Corporation Reports Second Quarter 2025 Financial Results and Provides General Business Updates

Written by Customer Service on August 7, 2025. Posted in Earnings Releases And Operating Results.

WESTLAKE VILLAGE, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) — Genelux Corporation (NASDAQ: GNLX), a late clinical-stage immuno-oncology company, today announced financial results for the second quarter of 2025 and provided general business updates. Momentum continued to build across the Company, as it looks forward to a series of key clinical readouts over the next year. These readouts are intended to further demonstrate the ability of Olvi-Vec to resensitize tumors to frontline platinum-based regimens. Genelux continues to advance Olvi-Vec toward potential registration in platinum-resistant/refractory ovarian cancer (PRROC) with topline data expected in the first half of 2026. Earlier this year, the Company achieved alignment with the U.S. Food and Drug Administration (FDA) regarding OnPrime/GOG-3076 and its randomized trial design,...

Bodell Construction joins Aecon

Written by Customer Service on August 7, 2025. Posted in Mergers And Acquisitions.

Strengthens and expands Aecon’s Industrial footprint in the U.S. TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) announced today that it has acquired Bodell Construction Company (“Bodell”), an industrial construction company headquartered in Salt Lake City, Utah (the “Transaction”). Bodell’s management is committed to supporting Aecon’s growth in the United States and will lead the business in partnership with Aecon’s Industrial management team. Founded in 1972, Bodell is a privately-owned, non-union industrial construction company with approximately 150 employees. Bodell specializes in oil and gas, mining, water and wastewater, and power generation projects across the Western and Southern U.S. “This transaction strengthens our core industrial capabilities, increases recurring revenue,...

Portman Ridge Finance Corporation Announces Second Quarter 2025 Financial Results

Written by Customer Service on August 7, 2025. Posted in Mergers And Acquisitions.

Completed Merger with Logan Ridge Finance Corporation Reports Net Investment Income of $4.6 Million, or $0.50 Per Share for the Second Quarter Announces Third Quarter 2025 Quarterly Base Distribution of $0.47 Per Share and Supplemental Distribution of $0.02 per share NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the second quarter ended June 30, 2025. Transformational MilestoneOn July 15, 2025, Portman Ridge closed the previously announced merger of Logan Ridge Finance Corporation (“Logan Ridge”) with and into Portman Ridge, with Portman Ridge remaining as the surviving company. We believe the combined company’s enhanced scale with total assets in excess of $600 million (as of July 11, 2025), its further...

Urbana Corporation Intersects 6.98 g/t Gold over 6.00 metres at the Urban Gold Project

Written by Customer Service on August 7, 2025. Posted in Public Companies.

/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICESOR FOR DISSEMINATION IN THE U.S./ TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A) is pleased to report results from its recently completed winter drill program at its 100%-owned Urban Gold Project, located approximately nine (9) kilometres southwest of the Windfall gold deposit in Quebec’s prolific Abitibi Greenstone Belt. The 5,226-metres program, comprising 17 drill holes, focused on the southern portion of the project area. Highlights include an intercept of 6.98 grams of gold per tonne (g/t) over 6.0 metres in hole UU-25-12, significantly expanding the known mineralized zone to a potential strike length of 200 metres and remains open for at least 300 meters westward. The program also confirmed the presence of multiple gold-bearing structures,...

J-Star Holding Announces Closing of Underwriters’ Over-Allotment Option in Connection with Initial Public Offering

Written by Customer Service on August 7, 2025. Posted in Public Companies.

TAICHUNG CITY, Taiwan, Aug. 07, 2025 (GLOBE NEWSWIRE) — J-Star Holding Co., Ltd. (“J-Star” or the “Company”), a leading provider of innovative carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services, today announced that it closed the sale of an additional 187,500 ordinary shares of the Company, pursuant to the full exercise of the underwriters’ over-allotment option granted in connection with the Company’s initial public offering (“IPO”, together with such over-allotment closing, the “Offering”), at the IPO price of $4.00 per share, less underwriting discounts. As a result, the Company has raised aggregate gross proceeds of $5,750,000, including the previously announced IPO gross proceeds...

Day: August 7, 2025

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