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Month: September 2025

AMREP Reports First Quarter Fiscal 2026 Results

HAVERTOWN, Pa., Sept. 09, 2025 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE:AXR) today reported net income of $4,692,000, or $0.87 per diluted share, for its 2026 fiscal first quarter ended July 31, 2025 compared to net income of $4,064,000, or $0.76 per diluted share, for the same period of the prior year. Revenues were $17,851,000 for the first quarter of 2026 and $19,091,000 for the first quarter of 2025. More information about the Company’s financial performance may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed with the Securities and Exchange Commission and will be available on AMREP’s website (www.amrepcorp.com/sec-filings/). As a result of many factors, including the nature and timing of specific transactions and the type and location of land or homes being sold, revenues, average...

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Asset Entities’ Shareholders Approve Merger with Strive

Approval paves the way for Strive, Inc. to launch a leading public Bitcoin Treasury Company under ticker symbol ASST Dallas, TX, Sept. 09, 2025 (GLOBE NEWSWIRE) — Asset Entities Inc. (“Asset Entities” or the “Company”) (Nasdaq: ASST) today announced that its stockholders have voted to approve the previously announced merger with Strive Enterprises, Inc. (“Strive”), whose stockholders approved the transaction on September 4, 2025. The approval, which was supported by a strong majority of Asset Entities’ shareholders, marks the next step in creating a leading public Bitcoin Treasury Company. The closing of the Merger is subject to the satisfaction of certain conditions, including the clearance by The Nasdaq Stock Market LLC of the Company’s listing application, subject to official notice of issuance. Upon the completion of the merger,...

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FTAI Aviation Ltd. to Participate in the Morgan Stanley 13th Annual Laguna Conference

NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ:FTAI) (the “Company”) today announced that Joe Adams, Chief Executive Officer, will present at the Morgan Stanley 13th Annual Laguna Conference at 8:30AM (PT) on Friday, September 12, 2025 in Laguna Beach, CA. The presentation will be webcast live at https://ir.ftaiaviation.com/. About FTAI Aviation Ltd. FTAI owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. FTAI’s propriety portfolio of products, including the Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer base. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests...

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Globavend Presents First Half 2025 Financial Results

63.7% Revenue Increase PERTH, Australia, Sept. 09, 2025 (GLOBE NEWSWIRE) — Globavend Holdings Limited (“Globavend” or the “Company”) (NASDAQ: GVH), an emerging e-commerce logistics services provider, today announced its unaudited financial results for the six months ended March 31, 2025. “We are thrilled to report a 63.7% increase in revenue for the first half 2025,” said Frank Yau, CEO at Globavend. “The continued increase in revenue marked an accelerated growth of our business”. About Globavend Holdings LimitedGlobavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions....

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Calavo Growers, Inc. Announces Third Quarter and Nine-Month Period Ended July 31, 2025 Financial Results

SANTA PAULA, Calif., Sept. 09, 2025 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, today reported its financial results for the third fiscal quarter and nine-month period ended July 31, 2025. Third Quarter Financial OverviewTotal net sales were $178.8 million, a decrease of less than one percent from the prior year.Fresh segment sales were $155.9 million, a 5% decrease from the prior year. Prepared segment sales were $22.9 million, a 40% increase from the prior year.Gross profit was $18.2 million, a 9% decrease from the prior year quarter. This quarter included approximately $4.2 million of discrete costs associated with a temporary Food and Drug Administration (“FDA”)...

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Lands’ End Announces Second Quarter 2025 Results

Increased gross margin approximately 90 basis points Reduced inventory for the ninth consecutive quarter DODGEVILLE, Wis., Sept. 09, 2025 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) today announced financial results for the second quarter ended August 1, 2025. Andrew McLean, Chief Executive Officer, stated: “As we reflect on the past several months – including the second and into the third quarter – we’re seeing clear, encouraging momentum across our businesses. In our consumer business, tangible improvements in key product categories, channels, and customer engagement reinforce our confidence that our strategy of providing solutions for every customer journey is working. Further, our weatherproofed assortment and shift toward an asset-light, low-intensity model are enabling us to rapidly introduce new products that resonate...

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Wearable Devices Announces First Half 2025 Financial Results

During this period, the Company started generating revenues from commercial sales of its Mudra Link, a universal gesture control wristband YOKNE’AM ILLIT, Israel, Sept. 09, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced its financial results for the six months ended June 30, 2025, marking its commercial debut with the innovative Mudra Link wristband. Management Commentary: “We are excited to kick off 2025 with strong revenue momentum from the Mudra Link and Mudra Band, alongside a significantly reduced net loss compared to last year,” said Asher Dahan, Chairman and Chief Executive Officer of Wearable Devices. “This reflects our foothold in the...

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Matrix Service Company Reports Fiscal Year 2025 Fourth Quarter and Full-Year Results; Issues Fiscal 2026 Revenue Guidance

TULSA, Okla., Sept. 09, 2025 (GLOBE NEWSWIRE) — Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, today announced results for the fourth quarter of fiscal 2025 ended June 30, 2025. FOURTH QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted)Total backlog of $1.4 billion Total project awards of $186.3 million, resulting in a book-to-bill ratio of 0.9x Revenue of $216.4 million, an increase of 14% Net loss per share of $(0.40) versus $(0.16); adjusted net loss per share of $(0.28) versus $(0.14) Adjusted EBITDA of $(4.8) million versus $0.2 million Discrete items negatively impacted revenue by $6.4 million, net income by $14.9 million and Adjusted EBITDA by $11.5 million Cash flow from operations of...

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Methode Electronics, Inc. Reports Fiscal 2026 First Quarter Financial Results

Power Product Sales Growth Income from Operations Up $8.6 Million Third Straight Quarter of Strong Free Cash Flow and Net Debt Reduction Fiscal 2026 Guidance AffirmedCHICAGO, Sept. 09, 2025 (GLOBE NEWSWIRE) — Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distribution applications, today announced financial results for the first quarter of fiscal 2026 ended August 2, 2025. Fiscal First Quarter 2026 ResultsNet sales were $240.5 million Electric and hybrid vehicle applications were 19% of net sales Income from operations was $1.1 million Pre-tax loss was $6.1 million; adjusted pre-tax loss was $5.1 million Net loss was $10.3 million, or a loss of $0.29 per diluted share Adjusted net loss was $7.8 million, or a loss of $0.22 per diluted share Net...

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A-Mark Precious Metals Reports Fiscal Fourth Quarter and Full Year 2025 Results

Q4 FY 2025 Gross Profit of $81.7 Million and FY 2025 Gross Profit of $210.9 Million Q4 FY 2025 Net Income of $10.3 Million and FY 2025 Net Income of $17.3 Million Q4 FY 2025 Diluted Earnings per Share of $0.41 and FY 2025 Diluted Earnings per Share of $0.71 EL SEGUNDO, Calif., Sept. 09, 2025 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading fully integrated precious metals platform, reported results for the fiscal fourth quarter and full year ended June 30, 2025. Management Commentary “Our fourth quarter results underscore the resilience of our business during a challenging market, characterized by increased supply and range bound premium spreads, generating GAAP net income of $10.3 million and diluted EPS of $0.41 per share. We’ve made steady progress bringing Spectrum Group International, LLC (“SGI”),...

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