Month: August 2025

Delivered second quarter revenue of $3.3 billion, up 16% year over year, with organic revenue growth of 6%, the highest result in nine quarters Signed new business wins of $307 million, up 13% year over year Raises full-year 2025 adjusted EBITDA guidance Announces CFO transitionGREENWICH, Conn., Aug. 05, 2025 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) today announced results for the second quarter 2025. Malcolm Wilson, chief executive officer of GXO, said, “In the second quarter, we generated revenue of $3.3 billion, up 16% year over year, produced our highest organic revenue growth in nine quarters, and delivered $212 million in adjusted EBITDA, up 13% year over year. “We signed $307 million of new business wins, bringing new business wins in the first half of the year to over half a billion dollars. We received final...

SANTA CLARA, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced financial results for the second quarter of 2025. Second quarter revenue was a record $7.7 billion, gross margin was 40%, operating loss was $134 million, net income was $872 million and diluted earnings per share was $0.54. On a non-GAAP(*) basis, gross margin was 43%, operating income was $897 million, net income was $781 million and diluted earnings per share was $0.48. As previously announced, our second quarter results were impacted by the U.S. Government’s export control on our AMD Instinct™ MI308 data center GPU products. For the quarter, these restrictions led to approximately $800 million in inventory and related charges. Excluding these charges, non-GAAP gross margin would have been approximately 54%. “We delivered strong...

Dallas, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American: CIX) announced today net sales of $40.3 million for the second quarter of 2025 compared to $35.9 million in the same period of 2024. Operating income was $6.3 million in the second quarter of 2025 compared to $5.1 million in the same period of 2024. Net income was $5.5 million, or $.44 per basic and diluted common share, for the second quarter of 2025 compared to $4.9 million, or $.39 per basic and diluted common share, in the same period of 2024. For the six months ended June 30, 2025, net sales were $80.6 million compared to $73.9 million in the previous year. Operating income was $12.2 million for the first six months of 2025 compared to $8.8 million for the same period in 2024. Net income for the six months ended June 30, 2025, was $10.6...

BOSTON, Aug. 05, 2025 (GLOBE NEWSWIRE) — Galecto, Inc. (NASDAQ: GLTO), a clinical-stage biotechnology company focused on the development of novel treatments for oncology and liver diseases, announced its operating and financial results for the quarter ended June 30, 2025. “We remain focused on advancing our lead program, GB3226, a dual ENL-YEATS and FLT3 inhibitor for multiple genetic subsets of AML,” said Dr. Hans Schambye, CEO of Galecto. “Our goal is to submit an Investigational New Drug (IND) application to the FDA in Q1 2026, and we are actively advancing key IND-enabling activities across pharmacology, toxicology, and CMC to support a smooth transition into the clinic.” Preclinical data to date support the therapeutic potential of GB3226 both as a monotherapy and in combination to address the menin-resistant population within...

HOUSTON, Aug. 05, 2025 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended June 30, 2025.Net Income of $59.5 million, or $1.17 per diluted share Adjusted Net Income of $78.3 million, or $1.54 per diluted share Adjusted EBITDA of $137.8 million Repurchased $28 million of common stock at an average price of $17.36 per share during the second quarter Successful completion of the Montana turnaround Record Hawaii refining quarterly throughput of 88 mbpd Announced Hawaii Renewables joint venture with expected cash proceeds of $100 millionPar Pacific reported net income of $59.5 million, or $1.17 per diluted share, for the quarter ended June 30, 2025, compared to $18.6 million, or $0.32 per diluted share, for the same quarter in 2024....

HOUSTON, Aug. 05, 2025 (GLOBE NEWSWIRE) — Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the third quarter of fiscal 2025 ended June 30, 2025. All comparisons are to the third quarter of fiscal 2024, unless otherwise noted. Third Quarter Key Financial and Strategic Highlights:Revenues of $286 million were essentially unchanged; Gross profit of $88 million, or 30.7% of revenue, increased 8%; Net income of $48 million, or $3.96 per diluted share, increased 4%; New orders(1) totaled $362 million; Backlog(2) as of June 30, 2025 totaled $1.4 billion, an increase of 7% compared to the second fiscal quarter; Cash and short-term investments as of June 30, 2025 totaled $433 million. Subsequent to quarter...

Fiscal 2025 Third Quarter Financial Highlights:GAAP Earnings per share of $0.49 vs. $0.06 a year ago Memorialization and Industrial Technologies report higher adjusted EBITDA Outstanding debt reduced by $120 million Company realizing benefits of cost reduction actions Strategic alternatives evaluation progressing well Company maintains outlook for fiscal 2025 Webcast: Wednesday, August 6, 2025, 9:00 a.m., (201) 689-8471PITTSBURGH, Aug. 05, 2025 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its third quarter of fiscal 2025. In discussing the results for the Company’s fiscal 2025 third quarter, Joseph C. Bartolacci, President and Chief Executive Officer, stated: “We were pleased with our operating results for the fiscal 2025 third quarter. The Company reported earnings...

Second Quarter 2025 Net Revenues of $2.1 Million, Gross Profit of $1.5 Million and Gross Margin of 71% Significant Customer Engagement Activities Throughout the Quarter Provide Strong Tailwinds Heading into Government Fiscal Year End New Pro-U.S. Border Security Administration Provides Additional Macro Tailwinds for 2025 & Beyond REDMOND, Wash., Aug. 05, 2025 (GLOBE NEWSWIRE) — Airship AI Holdings, Inc. (NASDAQ: AISP) (“Airship AI” or the “Company”), a leader in AI-driven video, sensor, and data management surveillance solutions, today reported its financial and operational results for the second quarter ended June 30, 2025. Q2 2025 Financial HighlightsNet revenues for the quarter ended June 30, 2025, were $2.1 million.Gross profits for the quarter ended June 30, 2025, were $1.5 million.Gross margin percentage was 71%...