Month: August 2025

MALVERN, Pa., Aug. 06, 2025 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc., (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive electronic components, today announced results for the fiscal second quarter ended June 28, 2025. Highlights2Q 2025 revenues of $762.3 million Gross margin was 19.5% and included the negative impact of approximately 160 basis points related to the addition of Newport 2Q 2025 EPS of $0.01 2Q 2025 Adjusted loss per share of $(0.07) 2Q 2025 book-to-bill of 1.02 with book-to-bill of 0.98 for semiconductors and 1.06 for passive components Backlog at quarter end was 4.6 months“The promising signals we saw emerging at the beginning of the year contributed to a 7% sequential increase in revenue for the second quarter. We delivered growth for semis and passives,...

KING OF PRUSSIA, Pa., Aug. 06, 2025 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its second quarter ended June 30, 2025. “This quarter’s results were in line with expectations, with double-digit revenue growth and healthy profitability and cash flow,” said David DeStefano, Vertex’s President, Chief Executive Officer and Chairperson of the Board. “We continue to be optimistic about the future for Vertex. As indirect taxes continue to grow in complexity, our customers need our solutions more than ever. In addition, ERP cloud conversions and the proliferation of e-invoicing mandates globally are expected to be durable long-term drivers of growth.” Second Quarter 2025 Financial ResultsTotal revenues of $184.6...

Conference call today at 9:00 am ET2Q 2025 revenues of $76.5M, +6% v. 2Q 2024 YTD 2025 revenues of $154.9M, +12% v. YTD 2024 Advanced pipeline:Submitted sBLA for Afrezza® in pediatric population MNKD-101: NTM global Phase 3 trial (ICoN-1) enrollment ahead of schedule MNKD-201: Plan to initiate Phase 2 clinical trial for IPF by YE 2025DANBURY, Conn. and WESTLAKE VILLAGE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) — MannKind Corporation (Nasdaq: MNKD) today reported financial results for the second quarter 2025 and provided a business update. “The submission of our supplemental Biologics License Application (sBLA) for Afrezza in pediatric patients is a meaningful milestone for MannKind and people living with diabetes,” said Michael Castagna, PharmD, Chief Executive Officer of MannKind Corporation. “In our orphan lung pipeline,...

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...