Month: August 2025

Microvast Reports Second Quarter 2025 Financial Results

Written by Customer Service on August 11, 2025. Posted in Earnings Releases And Operating Results.

Record Q2 revenue of $91.3 million, up 9.2% year over year Gross margin increased from 32.5% to 34.7%, a 2.2 percentage point improvement year over yearSTAFFORD, Texas, Aug. 11, 2025 (GLOBE NEWSWIRE) — Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”), a global leader in advanced battery technologies, announced today its unaudited condensed consolidated financial results for the second quarter ended June 30, 2025 (“Q2 2025”). “Continuing to build upon our momentum, Microvast is charting an exceptional course. We delivered a record second quarter, with revenue reaching $91.3 million, marking a 9.2% year-over-year increase. This growth is matched with gross margin expansion to 34.7%. While we booked a GAAP net loss of $106.1 million, we also achieved a positive adjusted EBITDA of $25.9 million. These...

Natural Gas Services Group, Inc. Reports Second Quarter 2025 Financial and Operating Results;

Written by Customer Service on August 11, 2025. Posted in Earnings Releases And Operating Results.

Increases 2025 Adjusted EBITDA Guidance Midland, Texas, Aug. 11, 2025 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced financial results for the three months ended June 30, 2025. The Company also provided updated guidance today, increasing both the low- and high-end of its full-year 2025 Adjusted EBITDA guidance to $76 – $80 million (from $74 – $79 million), citing continued strength in its business and contracted large horsepower unit deployments in the second half of 2025. Second Quarter 2025 and Recent HighlightsRental revenue of $39.6 million for the second quarter of 2025 representing a 13.3% year-over-year increase and a 1.7% sequential increase compared...

Crown Point Announces Operating and Financial Results for the Three and Six Months Ended June 30, 2025 and Appointment of New Director

Written by Customer Service on August 11, 2025. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 11, 2025 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or “we“) today announced its financial and operating results for the three and six months ended June 30, 2025. Selected information is outlined below and should be read in conjunction with the Company’s June 30, 2025 unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) that are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.crownpointenergy.com. All dollar figures are expressed in United States dollars (“USD”) unless otherwise stated. In the following discussion, the three months ended June 30, 2025 may be...

Westport Reports Second Quarter 2025 Financial Results

Written by Customer Service on August 11, 2025. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 11, 2025 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport“) (TSX:WPRT / Nasdaq:WPRT), a supplier of alternative fuel systems and components for the global transportation industry, reported financial results for the second quarter ended June 30, 2025, and provided an update on operations. All figures are in U.S. dollars unless otherwise stated. “We made significant progress in advancing our strategic transformation this quarter, culminating in the recent successful divestiture of our Light-Duty Segment on July 29, 2025. This transaction strengthens our balance sheet and sharpens our strategic focus on high-impact opportunities in commercial transportation and industrial applications — sectors with few alternatives to affordably decarbonize and where Westport is uniquely positioned...

Tandy Leather Factory Reports Second Quarter 2025 Results

Written by Customer Service on August 11, 2025. Posted in Earnings Releases And Operating Results.

FORT WORTH, Texas, Aug. 11, 2025 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced the Company’s financial results for the second fiscal quarter of 2025. Highlights from second quarter 2025:Revenues were $17.8 million, up 2.8% from 2024 Generated operating income of $0.1 million Net loss of $0.2 million versus income of $0.1 million in 2024 Gross margins of 59.5%, up from 58.0% in 2024 Operating expenses $10.5 million, up 5.5% from 2024 Adjusted EBITDA* (from operations) of $0.3 million Ended quarter with $16.4 million of cash and cash equivalentsTandy Leather Factory’s second quarter sales were $17.8 million in 2025, up from $17.3 million in 2024. Second quarter 2025 gross profit was $10.6 million, up from $10.0 million in 2024. As of June 30, 2025, the Company held $16.4 million of cash and cash...

Draganfly Announces Second Quarter Results of 2025 with 37% Increase in YoY Product Sales

Written by Customer Service on August 11, 2025. Posted in Public Companies.

Vancouver, BC., Aug. 11, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer, is pleased to announce its second quarter financial results. Key Financial and Operational Highlights for Q2 2025:Revenue for the second quarter of 2025 was $2,115,255 which represents a 22.1% year over year increase. Product sales of $1,901,585 were up 37.1% over the same period last year.Gross profit for Q2 2025 was $504,592 up 9.3% from $461,673 for the same period last year. Gross margin percentage for Q2 2025 was 23.9% compared to 26.6% in Q2 2024. Gross profit would have been $515,013 and gross margin would have been 24.3%, not including a one-time non-cash recovery of a write down of inventory of $10,421. The decrease...

Middlefield Banc Corp. Announces 2025 Third-Quarter Cash Dividend Payment

Written by Customer Service on August 11, 2025. Posted in Dividend Reports And Estimates.

MIDDLEFIELD, Ohio, Aug. 11, 2025 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.21 per common share. The 2025 third-quarter dividend is payable on September 12, 2025, to shareholders of record on August 29, 2025. About Middlefield Banc Corp. Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.92 billion at June 30, 2025. The Bank operates 21 full-service banking centers and an LPL Financial® brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, Mantua, Marysville, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production...

Anteris Announces Results for the Second Quarter of 2025

Written by Customer Service on August 11, 2025. Posted in Public Companies.

MINNEAPOLIS and BRISBANE, Australia, Aug. 11, 2025 (GLOBE NEWSWIRE) — Anteris Technologies Global Corp. (Anteris or the Company) (NASDAQ: AVR, ASX: AVR) a global structural heart company committed to designing, developing, and commercialising cutting-edge medical devices to restore healthy heart function, today reported financial results for the quarter ended June 30, 2025, and provided a corporate update. Second Quarter 2025 Highlights130 patients implanted with the DurAVR® THV since the start of clinical development; 49 patients treated year-to-date; 21 in the quarter World first “double DurAVR®” implant in a patient receiving a valve-in-valve replacement in both the mitral and aortic valve positions Advanced preparatory work for the DurAVR® THV’s global, pivotal clinical trial (the “PARADIGM Trial”) including...

TPI Composites, Inc. Initiates Voluntary Chapter 11 Proceedings to Facilitate Restructuring to Position Company for Long-Term Success

Written by Customer Service on August 11, 2025. Posted in Public Companies.

Reaches Agreement with Senior Secured Lenders for Use of Cash Collateral and Up to $82.5 Million in Debtor-in-Possession Financing, Subject to Final Documentation and Court Approval DIP Financing to Facilitate Path to Comprehensive Restructuring and Support Continued Operations Company Will Continue Operations in Normal Course SCOTTSDALE, Ariz., Aug. 11, 2025 (GLOBE NEWSWIRE) — TPI Composites, Inc. (NASDAQ: TPIC) announced today that it, together with its domestic subsidiaries (collectively, “TPI” or the “Company”), has commenced voluntary chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas (the “Bankruptcy Court”) to pursue a comprehensive restructuring of the Company that will allow the Company to emerge as a stronger enterprise. To support the Company during this process, TPI has reached an...

SPX Announces Proposed Public Offering of Common Stock

Written by Customer Service on August 11, 2025. Posted in Public Companies.

CHARLOTTE, N.C., Aug. 11, 2025 (GLOBE NEWSWIRE) — SPX Technologies, Inc. (NYSE:SPXC) (“SPX”) announced today that it intends to offer and sell $500 million of shares of its common stock in an underwritten public offering. In addition, SPX intends to grant the underwriters a 30-day option to purchase up to an additional $75 million of shares of its common stock offered in the public offering. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. BofA Securities, J.P. Morgan, and Wells Fargo Securities are acting as joint book-running managers for the proposed offering. TD Cowen and Truist Securities are also acting as book-running managers for the proposed offering. The shares are being offered by SPX pursuant...

Month: August 2025

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