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Month: August 2025

POET to Acquire Tennessee Bioprocessing Facility

Biofuel leader expanding to 35th plant, growing annual capacity to 3.1 billion gallons Sioux Falls, S.D., Aug. 27, 2025 (GLOBE NEWSWIRE) — Today POET, the world’s largest producer of biofuel, announced it has signed an agreement to acquire Green Plains Obion, a bioethanol facility in northwestern Tennessee, increasing the company’s production capacity by 120 million gallons and improving its access to southeastern markets. The asset’s location strategically complements POET’s existing Midwest footprint, expanding the company’s portfolio to 35 bioprocessing facilities across nine U.S. states with a combined annual production capacity of 3.1 billion gallons of bioethanol. The transaction is expected to close in the third quarter of 2025. “This acquisition enables POET to produce even more high-quality, American-made biofuels and...

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Agrify Corporation to Change Its Name to RYTHM, Inc. Following Brand Portfolio Acquisition

Acquires brand portfolio including RYTHM, Dogwalkers, and Beboe from Green Thumb Industries Enters into licensing agreement permitting Green Thumb to manufacture and distribute brands Under the new name, RYTHM, Inc. will assume the Nasdaq ticker symbol “RYM” starting September 2, 2025ROLLING MEADOWS, Ill., Aug. 27, 2025 (GLOBE NEWSWIRE) — Agrify Corporation (Nasdaq:AGFY) (“Agrify” or the “Company”), a leading provider of branded innovative solutions for the cannabis and hemp industries, today announced the acquisition of a portfolio of brand intellectual properties (the “Brands”), including RYTHM, Dogwalkers, Beboe and others, from Green Thumb Industries for US$50 million paid for via a convertible note. Concurrently, the Company entered into an agreement to license the Brands to Green Thumb Industries to manufacture and distribute....

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NVIDIA Announces Financial Results for Second Quarter Fiscal 2026

NVIDIA corporate headquartersNVIDIA corporate headquarters in Silicon ValleyRevenue of $46.7 billion, up 6% from Q1 and up 56% from a year ago Data Center revenue of $41.1 billion, up 5% from Q1 and up 56% from a year ago Blackwell Data Center revenue grew 17% sequentiallySANTA CLARA, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported revenue for the second quarter ended July 27, 2025, of $46.7 billion, up 6% from the previous quarter and up 56% from a year ago. NVIDIA’s Blackwell Data Center revenue grew 17% sequentially. There were no H20 sales to China-based customers in the second quarter. NVIDIA benefited from a $180 million release of previously reserved H20 inventory, from approximately $650 million in unrestricted H20 sales to a customer outside of China. For the quarter, GAAP and...

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CooperCompanies Announces Third Quarter 2025 Results

SAN RAMON, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) — CooperCompanies (Nasdaq: COO), a leading global medical device company, today announced financial results for its fiscal third quarter ended July 31, 2025.Revenue increased 6% year-over-year to $1,060.3 million. CooperVision (CVI) revenue up 6% to $718.4 million, and CooperSurgical (CSI) revenue up 4% to $341.9 million. GAAP diluted earnings per share (EPS) of $0.49, down $0.03 or 6% from last year’s third quarter. Non-GAAP diluted EPS of $1.10, up $0.14 or 15% from last year’s third quarter. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below.Commenting on the results, Al White, CooperCompanies’ President and CEO said, “I am pleased to report that we delivered strong margins, double-digit earnings growth, and robust...

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ARMOUR Residential REIT, Inc. Announces September 2025 Dividend Rate Per Common Share

VERO BEACH, Florida, Aug. 27, 2025 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced the September 2025 cash dividend for the Company’s Common Stock. September 2025 Common Stock Dividend InformationMonth   Dividend   Holder of Record Date   Payment DateSeptember 2025   $0.24   September 15, 2025   September 29, 2025Certain Tax Matters ARMOUR has elected to be taxed as a real estate investment trust (“REIT”) for U.S. Federal income tax purposes. In order to maintain this tax status, ARMOUR is required to timely distribute substantially all of its ordinary REIT taxable income. Dividends paid in excess of current tax earnings and profits for the year will generally not be taxable to common stockholders. Actual dividends are determined at the discretion...

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Bespoke Extracts, Inc. Announces Financial Results for the Second Quarter ended June 30, 2025

AURORA, Colo., Aug. 27, 2025 (GLOBE NEWSWIRE) — Bespoke Extracts, Inc. (“Bespoke” or the “Company”) (OTCQB: BSPK), today reported its financial results for the quarter ended June 30, 2025. Financial results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”), and all currency is in U.S. dollars. Michael Feinsod, Chairman and CEO of Bespoke, stated, “Second quarter revenue was $390,553, up 48.4% compared to $263,159 in the first quarter of 2025 and 40.4% compared to $278,163 in the second quarter of 2024. Gross margin of 50.6% increased 1,250 basis points compared to the prior year period. As we continue the Colorado expansion of The Joint Company, we produced and shipped a record number of pre-rolls during the quarter.” Three Months Ended June 30, 2025 Financial Highlights:Revenue...

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Alliance Entertainment to Host Fourth Quarter and Fiscal Year 2025 Results Conference Call on September 10 at 4:30 p.m. Eastern Time

PLANTATION, Fla., Aug. 27, 2025 (GLOBE NEWSWIRE) — Alliance Entertainment Holding Corporation (Nasdaq: AENT), a premier distributor, logistics provider, and omnichannel fulfillment partner to the entertainment and pop culture collectibles industry, supplying more than 325,000 unique SKUs across physical media, video games, toys, licensed merchandise, and exclusive collectibles to over 35,000 retail and e-commerce storefronts, will hold a conference call on Wednesday, September 10, at 4:30 p.m. Eastern Time to discuss its results for the fourth quarter and fiscal year ended June 30, 2025. A press release detailing these results will be issued prior to the call. Alliance Entertainment Chief Executive Officer Jeff Walker, Chief Financial Officer Amanda Gnecco, and Executive Chairman Bruce Ogilvie will host the conference call, which...

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HP Inc. Reports Fiscal 2025 Third Quarter Results

PALO ALTO, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)Third quarter GAAP diluted net earnings per share (“EPS”) of $0.80, up 23.1% from the prior year periodThird quarter non-GAAP diluted net EPS of $0.75, down 10.7% from the prior year periodThird quarter net revenue of $13.9 billion, up 3.1% from the prior-year periodThird quarter net cash provided by operating activities of $1.7 billion, free cash flow of $1.5 billionThird quarter returned $0.4 billion to shareholders in the form of dividend and share repurchasesHP Inc.’s fiscal 2025 third quarter financial performance  Q3 FY25   Q3 FY24   Y/YGAAP net revenue ($B) $ 13.9     $ 13.5     3.1 %GAAP operating margin   5.1 %     7.0 %   (1.9) ptsGAAP net earnings ($B) $ 0.8     $ 0.6     19 %GAAP diluted net EPS $ 0.80     $ 0.65     23...

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URBN Reports Record Q2 Sales and Income

PHILADELPHIA, Aug. 27, 2025 (GLOBE NEWSWIRE) — Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands including the Anthropologie, Free People, FP Movement, Urban Outfitters and Nuuly brands, today announced record net income of $143.9 million and earnings per diluted share of $1.58 for the three months ended July 31, 2025. For the six months ended July 31, 2025, net income was a record $252.2 million and earnings per diluted share were $2.73. Total Company net sales for the three months ended July 31, 2025, increased 11.3% to a record $1.50 billion. Total Retail segment net sales increased 7.8%, with comparable Retail segment net sales increasing 5.6%. The increase in Retail segment comparable net sales was driven by mid single-digit positive...

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Lantronix Reports Fiscal Fourth Quarter and Full Year 2025 Financial Results

Fourth Quarter 2025 Net Revenue of $28.8 Million Fourth Quarter 2025 GAAP EPS of ($0.07) Fourth Quarter 2025 Non-GAAP EPS of $0.01IRVINE, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions enabling Edge AI Intelligence, today reported results for the fiscal fourth quarter and full year ended June 30, 2025. Management Commentary“Fiscal 2025 was a year of strategic transformation for Lantronix, one in which we executed with discipline, streamlined our operations and made targeted investments in high-value markets,” said Saleel Awsare, president and CEO of Lantronix. “We strengthened our foundation for sustainable, profitable growth by aligning our resources with our highest-impact opportunities, enhancing supply chain resilience and advancing our platform...

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