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Month: August 2025

MRC Global Announces Second Quarter 2025 Results

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...

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Brookfield Asset Management Announces Strong Second Quarter Results

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...

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Hut 8 Subsidiary American Bitcoin Announces Commencement of Gryphon Stockholder Voting on Go-Public Transaction

Gryphon Stockholder Voting Has Commenced for Special Meeting to Be Held on August 27, 2025 Gryphon’s Board of Directors Unanimously Recommends That Stockholders Vote “FOR” All Proposals MIAMI, Aug. 06, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that Gryphon stockholder voting has commenced in connection with the previously announced stock-for-stock merger transaction (the “Transaction”) between American Bitcoin Corp. (“American Bitcoin”), a majority-owned subsidiary of Hut 8, and Gryphon Digital Mining, Inc. (Nasdaq: GRYP) (“Gryphon”). Upon closing of the Transaction,...

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Fusion Fuel Regains Compliance with Nasdaq Listing Requirements

DUBLIN, Ireland, Aug. 06, 2025 (GLOBE NEWSWIRE) — Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel” or the “Company”), a provider of integrated energy solutions, today announced that it has received formal confirmation from the Hearings Advisor (the “Hearings Advisor”) of the Office of the General Counsel of the Nasdaq Hearings Panel (the “Nasdaq Hearings Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with all applicable listing requirements. In a letter dated August 5, 2025, the Hearings Advisor informed the Company that it has:Regained compliance with Listing Rule 5620(a) (the “Annual Shareholder Meeting Rule”) following the completion of its 2025 Annual General Meeting; and Demonstrated compliance with Listing Rule 5550(a)(2) (the “Bid Price Rule”).This confirmation satisfies...

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Parsons Reports Strong Second Quarter 2025 Results

Q2 2025 Financial HighlightsQ2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basis Revenue growth of 13% excluding confidential contract; 8% on an organic basis Q2 net income of $55 million decreased $14 million year-over-year, includes $2 million of M&A transaction-related expenses associated with the CTI acquisition Q2 adjusted EBITDA decreased 1% to $149 million; adjusted EBITDA margin of 9.4% increased 40 basis points Book-to-bill ratio of 1.0x and continued streak of TTM book-to-bill ratio of 1.0x or greater in every quarter since IPO Total backlog increased to $8.9 billion; 70% is funded, highest level since IPO Increasing fiscal year 2025 guidance ranges for revenue, adjusted EBITDA and cash flow from operationsCHANTILLY, Va., Aug. 06, 2025 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE:...

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Release of Marimekko’s Half-year Financial Report, 1 January–30 June 2025

Marimekko Corporation, Press release 6 August 2025 at 1.30 p.m. EEST Release of Marimekko’s Half-year Financial Report, 1 January–30 June 2025 Marimekko Corporation’s Half-year Financial Report 1 January–30 June 2025 will be published on Thursday, 14 August 2025 at 8.00 a.m. EEST. The report and related materials will be available on the company’s website at https://company.marimekko.com/en/investors/ after the publication. A media and investor conference will be held in English on 14 August 2025 at 2.00 p.m. EEST. A live webcast of the conference can be watched at https://marimekko.videosync.fi/q2-2025, and a recording of the webcast will be available at the same address later. Questions can be asked during the live webcast in writing. Further information: Anna Tuominen, Marimekko Communications Tel. +358 40 584 6944 anna.tuominen@marimekko.com DISTRIBUTION:...

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Townsquare Beats Q2 Adjusted EBITDA Guide as Adjusted EBITDA Excluding Political Increases +4% YOY

Digital Represents 55% of 1H’25 Net Revenue and 56% of 1H’25 Segment ProfitRepurchased $10 Million of Debt in Q2’25 and $13 Million of Debt Since the February 2025 Refinancing PURCHASE, N.Y., Aug. 06, 2025 (GLOBE NEWSWIRE) — Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare”, the “Company,” “we,” “us,” or “our”) announced today its financial results for the second quarter ended June 30, 2025. “I am pleased to share that Townsquare’s second quarter results met or exceeded our previously issued guidance. Due to our robust local presence and holistic set of local and digital marketing solutions available to our local clients, we were able to navigate revenue pressures caused by April’s Liberation Day and achieve our total net revenue guidance, while continuing to thoughtfully manage our...

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WeRide Launches 24/7 Robotaxi Testing in Beijing, Advances Towards Full-Day Service

BEIJING, Aug. 06, 2025 (GLOBE NEWSWIRE) — WeRide (Nasdaq: WRD), a global leader in autonomous driving technology, has received approval to conduct late-night testing of its Robotaxi on public roads within the Beijing High-Level Autonomous Driving Demonstration Zone from 10pm to 7am. This milestone marks a crucial step for WeRide in building a 24/7 autonomous ride-hailing network in Beijing, laying the groundwork for all-weather, all-day autonomous mobility services. Beijing’s complex night-time road conditions, characterized by low lighting, environmental interference, and heavy rain in the summer and snow in the winter, pose significant challenges for autonomous driving systems. These conditions place heightened demand on the perception, decision-making, and control capabilities, especially in maintaining effective sensor...

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Taboola Reports Strong Q2 2025 Financial Results, Surpassing High-End of Guidance; Increases Full-Year Guidance & Announces $200M Share Repurchase Expansion

NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in delivering performance at scale for advertisers, today announced its results for the second quarter ended June 30, 2025. “We delivered a strong second quarter, beating the high end of our guidance across our key metrics,” said Adam Singolda, CEO of Taboola. “We bought back nearly 12% of the company in the first half of the year which reflects our confidence in the business and our long-term vision. As a result, we’re raising full-year guidance across the board and continuing to aggressively buy back shares. We’re also seeing exciting early traction with Realize, our new performance advertising platform. We truly believe we’re just getting started.” Second Quarter 2025 Financial Results(All comparisons are to the second...

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CoinShares XBT Provider AB (Publ) Publishes Half Year Interim Report 2025

06 August 2025 CoinShares XBT Provider AB (Publ) LEI: 549300HGWKR2Q5T8GK64 CoinShares XBT Provider AB (Publ) Publishes Half Year Interim Report 2025 Stockholm, 06 August 2025 – CoinShares XBT Provider AB (Publ) (the “Company”) is pleased to announce that the Interim Report for the period ended 30 June 2025 has been posted on the Company’s website. Interested persons may access an electronic copy of these documents at https://coinshares.com/etp/documents/#financialsFor further information, please contact: CoinShares XBT Provider AB (Publ)Artillerigatan 6, 114 51 StockholmSwedenir@xbtprovider.com

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