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Month: August 2025

MoonLake Immunotherapeutics Reports Second Quarter 2025 Financial Results and Provides a Business Update

Phase 3 VELA program in hidradenitis suppurativa (HS) on track for an expected primary endpoint readout around September 2025 and an expected submission of a Biologic License Application (BLA) in the United States in mid-2026 Other clinical trials of sonelokimab in palmoplantar pustulosis (PPP), axial spondyloarthritis (axSpA), psoriatic arthritis (PsA) and adolescent HS progressing well and expected to support a catalyst-rich roadmap over the next 12 months Ended the second quarter with $425.1 million in cash, cash equivalents and short-term marketable debt securities with up to an additional $425 million in non-dilutive funds remaining accessible through previously announced debt-facilityZUG, Switzerland, August 5, 2025 – MoonLake Immunotherapeutics (NASDAQ:MLTX) (“MoonLake” or the “Company”), a clinical-stage biotechnology company...

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PyroGenesis Signs Additional Contract with Constellium to Advance Aluminum Furnace Electrification Using Plasma Torch Technology

Marks next phase of industrial-scale deployment for aluminum sector energy transition. MONTREAL, Aug. 05, 2025 (GLOBE NEWSWIRE) — PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes advanced all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announces that it has signed an additional contract with Constellium, one of the world’s largest aluminum transformation and recycling companies, for the purchase of plasma torch technology and related peripheral components to be implemented in an aluminum remelting furnace as part of a broader decarbonization effort. The financial terms of the...

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Enviri Corporation Announces Exploration of Strategic Alternatives to Maximize Shareholder Value

PHILADELPHIA, Aug. 05, 2025 (GLOBE NEWSWIRE) — Enviri Corporation (NYSE: NVRI), a global, market-leading provider of environmental solutions for industrial and specialty waste streams, today announced that its Board of Directors has authorized management to conduct a formal process to evaluate and explore strategic alternatives aimed at unlocking shareholder value. The Company is evaluating a wide range of value creation alternatives including but not limited to a tax-efficient sale or separation of the Clean Earth business, along with the continued execution of the Company’s business plan. “As we seek to close the persistent gap between Enviri’s public market valuation and the company’s sum-of-the-parts value, the Board has authorized a comprehensive review of strategic alternatives,” said Enviri Chairman and CEO Nick Grasberger....

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Willis Lease Finance Corporation Reports Record Second Quarter 2025 Financial Results

Delivers Record Pre-Tax Income of $74.3 Million and Record Quarterly Revenue of $195.5 Million COCONUT CREEK, Fla., Aug. 05, 2025 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced its financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights (All metrics compared to second quarter 2024, except where noted)Record quarterly total revenue of $195.5 million, an increase of 29.4% Record quarterly pre-tax income of $74.3 million Lease rent revenue of $72.3 million, an increase of 29.4% Strong maintenance reserve revenue of $50.7 million with short-term recurring maintenance reserve revenue up 9.5% Spare parts and equipment sales of $30.4 million,...

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Apollo Reports Second Quarter 2025 Results

NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2025. Marc Rowan, Chairman and Chief Executive Officer at Apollo said, “Our second quarter results reflect the strength of Apollo’s business model and the discipline with which we operate. The power of our origination capabilities were on full display, helping to drive record quarterly organic inflows and Fee Related Earnings. In a dynamic environment, we remain focused on investing and innovating behind long-term growth themes — retirement, wealth, industrial renaissance, and the public-private convergence.” Apollo issued a full detailed presentation of its second quarter ended June 30, 2025 results, which can be viewed on Apollo’s...

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Recursion Reports Second Quarter 2025 Financial Results and Provides Business Update

Company shares partnership and clinical updates including $7 million Sanofi milestone and more information on patient populations for REC-1245 (RBM39) and REC-617 (CDK7) SALT LAKE CITY, Aug. 05, 2025 (GLOBE NEWSWIRE) — Recursion (Nasdaq: RXRX) a leading clinical stage TechBio company decoding biology to radically improve lives, today reported business updates and financial results for its second quarter ended June 30, 2025. Recursion will host a (L)earnings Call on August 5, 2025 at 8:00 am ET / 6:00 am MT / 1:00 pm BST from Recursion’s X (formerly Twitter), LinkedIn, and YouTube accounts giving analysts, investors, and the public the opportunity to ask questions of the company by submitting questions here: https://forms.gle/tZx2fkcmm7BDk9cJ8. “The power of our platform not only allows us to discover and develop potential...

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Pet Valu Reports Second Quarter 2025 Results

Delivers 2.6% Same-Store Sales Growth(1), 6% Revenue Growth Raises 2025 Outlook and Announces Chief Executive Officer Succession Plan MARKHAM, Ontario, Aug. 05, 2025 (GLOBE NEWSWIRE) — Pet Valu Holdings Ltd. (“Pet Valu” or the “Company”) (TSX: PET), the leading Canadian specialty retailer of pet food and pet-related supplies, today announced its financial results for the second quarter ended June 28, 2025. Second Quarter HighlightsSystem-wide sales(1) were $369.9 million, an increase of 4.6% versus Q2 2024. Same-store sales growth was 2.6%.Revenue was $280.6 million, up 5.8% versus Q2 2024.Adjusted EBITDA(2) was $60.2 million, up 4.2% versus Q2 2024, representing 21.4% of revenue. Operating income was $36.7 million, up 8.7% versus Q2 2024.Net income was $21.8 million, up from $17.8 million in...

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Vivid Seats Reports Second Quarter 2025 Results

Announces $25 Million Cost Reduction Program CHICAGO, Aug. 05, 2025 (GLOBE NEWSWIRE) — Vivid Seats Inc. (NASDAQ: SEAT) (“Vivid Seats” or “we”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, today provided financial results for the second quarter ended June 30, 2025. “We continued to navigate a challenging industry backdrop in the second quarter as we saw pressure on consumer spending coupled with continued competitive intensity in performance marketing channels,” said Stan Chia, Vivid Seats CEO. “Industry monthly volume trends have been unpredictable while competitive intensity persists near peak levels. While near-term growth is under pressure, we continue to view live events as an attractive long-term...

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FTC Solar Announces Second Quarter 2025 Financial Results

Second Quarter Highlights and Recent DevelopmentsSecond quarter revenue of $20.0 million, up 74.9% y/y, within target guidance Cost efficiencies drive operating expenses to multi-year low Secured $75 million strategic financing facility, effective July 2, 2025 Tony Alvarez appointed as Independent Director as Dean Priddy retires from the BoardAUSTIN, Texas, Aug. 05, 2025 (GLOBE NEWSWIRE) —  FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the second quarter that ended June 30, 2025. “Second quarter results were in-line with our guidance ranges, with continued cost controls allowing for Adjusted EBITDA to come in at the high-end of the range”, commented Yann Brandt, President and Chief Executive Officer of FTC Solar. “As we approach my one-year anniversary with...

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Endeavour Silver’s Terronera Mine Startup Advancing Well, Averaging Over 1,800 Tonnes Per Day in July

VANCOUVER, British Columbia, Aug. 05, 2025 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (“Endeavour” or the “Company”) (NYSE: EXK; TSX: EDR) is pleased to report steady progress at its Terronera mine in Jalisco state, Mexico. For the month of July, a total of 57,080 tonnes were milled at Terronera, an average of 1,841 tonnes per day (tpd). Since completing the commissioning phase, throughput has rapidly increased with current milling rates between 1,900 and 2,000 tpd as adjustments to improve recoveries are ongoing in the grinding and flotation circuits. Since July 16, silver and gold recoveries have averaged 71% and 67%, respectively, while processing lower grade material. Higher-grade material is scheduled for processing soon, while optimization efforts continue. The introduction of higher-grade material...

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