Year: 2025

HOUSTON, March 13, 2025 (GLOBE NEWSWIRE) — U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in operating a portfolio of high-quality producing assets, today reported financial and operating results for the fourth quarter and year ended December 31, 2024. FULL YEAR 2024 HIGHLIGHTSContinued the divestment of legacy non-core assets during 2024, generating $13.5 million in net sales proceeds used for development of the Company’s industrial gas project in Montana, debt repayment, and accelerated shareholder returns program. Total daily production in 2024 averaged 1,136 Boe/d; oil production averaged 702 Bbl/d. Revenue totaled $20.6 million with oil sales of $18.2 million and natural gas and liquids sales of $2.5 million. Lease operating expense of $11.2 million,...

SHENZHEN, China, March 13, 2025 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights:Total revenues were US$84.3 million, representing an increase of 9.3% year-over-year.Subscription revenues were US$34.4 million, representing an increase of 9.0% year-over-year.Cloud computing revenues were US$22.7 million, representing a decrease of 25.6% year-over-year. Live-streaming and other internet value-added services (“Live-streaming and other IVAS”) revenues were US$27.2 million, representing an increase of 80.7% year-over-year.Gross profit was US$43.6...

CALGARY, Alberta, March 13, 2025 (GLOBE NEWSWIRE) — Calfrac Well Services Ltd. (“Calfrac” or “the Company”) (TSX: CFW) announces its financial and operating results for the three months and year ended December 31, 2024. The following press release should be read in conjunction with the management’s discussion and analysis and annual consolidated financial statements and notes thereto as at December 31, 2024. Readers should also refer to the “Forward-looking statements” legal advisory and the section regarding “Non-GAAP Measures” at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about Calfrac is available on the SEDAR+ website at www.sedarplus.ca, including the Company’s Annual Information Form for the year ended December 31,...

Net Sales of $241.3 million in the fourth quarter and $626.6 million for the full fiscal yearLiquidity of $103.3 million with no debt on the credit facility MOUNT HOREB, Wis., March 13, 2025 (GLOBE NEWSWIRE) — Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or the “Company”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s workwear, casual wear, outdoor apparel and accessories, today announced its financial results for the fiscal fourth quarter and fiscal year ended February 2, 2025. Summary for the Fourth Quarter Ended February 2, 2025 Net sales decreased to $241.3 million compared to $245.6 million in the prior year fourth quarter Net loss of $5.6 million and adjusted net loss1 of $1.5 million, compared to net income of $6.8 million in prior-year fourth quarter. Adjusted net loss of $1.5 million excludes...

Roblon’s revenue and earnings for the first quarter of 2024/25 were in line with expectations The Board of Directors of Roblon A/S has today considered and approved the interim report for the first three months of 2024/25. Highlights In Q1 2024/25, consolidated revenue amounted to DKKm 51.1, against DKKm 54.0 in the year-earlier period. The Composite product group generated revenue growth, while the FOC product group’s revenue declined. Consolidated revenue was in line with Management’s guidance. Realised EBITDA for Q1 2024/25 was DKKm 6.7 (DKKm 4.0), and realised EBIT was DKKm 3.0 (a loss of DKKm 0.3). This was in line with Management’s guidance. Profit after tax for continuing and discontinued operations for Q1 2024/25 was DKKm 2.3 (a loss of DKKm 8.8). In Company Announcement no. 4 dated 27 February 2025, Management stated that the...

HONG KONG, March 13, 2025 (GLOBE NEWSWIRE) — UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced its unaudited financial results for the three months and the full year ended December 31, 2024. Fourth Quarter 2024 Financial HighlightsTotal revenues were US$26.0 million, representing an increase of 19.5% from US$21.7 million in the fourth quarter of 2023. Gross profit was US$11.2 million, representing a decrease of 1.0% from US$11.3 million in the fourth quarter of 2023. Loss from operations was US$1.7 million, compared to US$1.9 million in the fourth quarter of 2023. Net loss was US$1.5 million, compared to US$1.8 million in the fourth quarter of 2023. Adjusted net loss (non-GAAP) was US$3.1 million, compared to adjusted net...