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Meritage Reports First Quarter 2025 Results; Reaffirms Full-Year 2025 Earnings Outlook

GRAND RAPIDS, Mich., April 18, 2025 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation’s premier franchise operators, today reported financial results for the first quarter ended March 30, 2025. First Quarter Highlights:Sales were $154.5 million compared to $162.8 million for the same period last year. Earnings (loss) from Operations were $(3.7) million compared to $3.9 million for the same period last year, resulting from multiple severe weather-related closures. Net Earnings (loss) were $(4.3) million compared to $1.6 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) was $2.2 million compared to $9.9 million for the same period last year.“As previously reported, Company sales and earnings were significantly impacted by atypical weather that impacted all of...

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Sify reports Consolidated Financial Results for FY 2024-25

Revenues of INR 39886 Million. EBITDA of INR 7562 Million. Loss for the Year was INR 785 Million. CHENNAI, India, April 18, 2025 (GLOBE NEWSWIRE) — EARNING CALLS DETAILS Event time: Monday, April 21, 2025 – 8:30 AM Eastern Time To join: +1-888-506-0062 (Toll Free in the U.S. or Canada) or +1-973-528-0011 (International). Access code: 680924 On the call: Mr. Raju Vegesna, Chairman of the Board and Mr. M P Vijay Kumar, Executive Director & Group CFO Live webcast: https://www.webcaster4.com/Webcast/Page/2184/52330 Archives: +1-877-481-4010 (Toll Free in the U.S. or Canada) or +1-919-882-2331 (International). Replay passcode 52330. Replay is available until April 21, 2026. HIGHLIGHTSRevenue for the year was INR 39886 Million, an increase of 12% over last year. EBITDA was INR 7562 Million, an increase of 12% over last...

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RBAZ Bancorp, Inc. Announces Unaudited Financial Results For the Quarter Ending March 31, 2025

49% Earnings Increase for Final Reporting Quarter PHOENIX, April 18, 2025 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCIQ: RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $1,064,000, or $0.59 per share, for the quarter ended March 31, 2025 as compared to a consolidated net income of $713,000, or $0.40 per share, for the quarter ended March, 31, 2024. President and CEO Brian Ruisinger stated “I am proud to report strong earnings in our final reporting quarter as RBAZ reflecting a 49% increase from the year ago quarter bolstered by net interest margin at 4.61% and expense control. Solid loan yields coupled with static cost of funds resulted in a 15% net interest margin improvement while expenses remained consistent reflecting a decrease of 1%.” Mr. Ruisinger...

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Chemung Financial Corporation Reports First Quarter 2025 Net Income of $6.0 million, or $1.26 per share

ELMIRA, N.Y., April 18, 2025 (GLOBE NEWSWIRE) — Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $6.0 million, or $1.26 per share, for the first quarter of 2025, compared to $5.9 million, or $1.24 per share, for the fourth quarter of 2024, and $7.1 million, or $1.48 per share, for the first quarter of 2024. “First quarter results demonstrate steady ongoing delivery of the Corporation’s strategic plan,” said Anders M. Tomson, President and CEO of Chemung Financial Corporation. “Attentive balance sheet management has allowed us to effectively reduce funding costs while growing our asset base. Loan growth in our newer Canal Bank division during the quarter underscores its strategic importance to operations,”...

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ES Bancshares, Inc. Announces First Quarter 2025 Results; Continues Positive Trend of Net Income and Net Interest Margin Expansion

STATEN ISLAND, N.Y., April 18, 2025 (GLOBE NEWSWIRE) — ES Bancshares, Inc. (OTCQX: ESBS) (the “Company”) the holding company for Empire State Bank, (the “Bank”) today reported net income of $546 thousand, or $0.08 per diluted common share, for the quarter ended March 31, 2025, compared to a net income of $466 thousand, or $0.07 per diluted common share for the quarter ended December 31, 2024.Key Quarterly Financial Data 2025 Highlights    Performance Metrics 1Q25 4Q24   1Q24   • The Cost of Funds for the three months ended March 31, 2025, improved to 2.69% from 2.87% in the prior linked quarter. • For 3 months ended March 31, 2025, the Company’s net interest margin increased to 2.68% compared to 2.50% for the 3 months ended December 31, 2024. • The Company sold $3 million in SBA 7a loan during the quarter, resulting in...

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WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence

WISeKey Releases 2024 Audited Financial Results and Outlines its 2025 Vision for Post Quantum Technology Convergence Schedules Conference Call and Webcast for Tuesday, April 22 at 10:00 am ET (4:00 pm CET) Geneva, Switzerland – April 17, 2025 – Ad-Hoc announcement pursuant to Art. 53 of SIX Listing Rules – WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) (“WISeKey” or “the Company”), a global leader in cybersecurity, digital identity, and IoT technologies, today announced its audited financial results for the year ended December 31, 2024, and shared its strategic vision for 2025, a year expected to be defined by the convergence of foundational technologies and the emergence of Sovereign AI. Carlos Moreira, Founder and CEO of WISeKey, commented: “2024 has been a pivotal year for WISeKey. We ended...

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FLUENT Reports Fourth Quarter and Full Year 2024 Results

– Annual Revenue Grew 6.4% Year-over-Year to Record $103.6 million – – Completed Transformative Acquisition of RIV Capital, Adding New York Retail, Wholesale and Cultivation Operations to Multi-State Footprint – – Successfully Closed Non-Dilutive Debt Refinancing at Favorable Interest Rate and Terms – – Ended Fiscal Year With More Than $40 Million of Cash and Cash Equivalents, Positioning Company For Additional Expansion and Growth – – Expanded Brand Presence Through Strategic Launches, including MOODs and KNACK in New York and Hyer Kind Concentrates in Florida – TAMPA, Fla., April 17, 2025 (GLOBE NEWSWIRE) — FLUENT Corp. (CSE: FNT.U) (OTCQB: CNTMF) (“FLUENT” or the “Company”), a vertically-integrated, multi-state cannabis company, today announced...

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Marie Brizard Wine & Spirits: 2024 full-year earnings

                Charenton-le-Pont, 17 April 2025                                                                2024 full-year earnings Initial results of the Group’s transformation plan and resilience of results despite continued slowdown in spirits marketEBITDA of €15.2m in 2024, i.e. 8.1% of net sales, compared with €13.3m in 2023 (6.9% of net sales). Net profit (Group share) of €9.6m in 2024, compared with €8.7m in 2023 From 2025, impact of sharply rising costs of matured spirits, which the Group will endeavour to mitigate through its pricing policy and productivity projectsNB: All revenue growth figures reported herein are at constant exchange rates and consolidation scope, unless stated otherwise Marie Brizard Wine & Spirits (Euronext: MBWS) today announces its consolidated earnings for the 2024 financial year as...

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Q1 2025 sales: Organic sales slightly down, impacted by launch of new distribution platform in North America Growth in other segments in an uncertain environment

                            Q1 2025 sales: Organic sales slightly down, impacted by launch of new distribution platform in North America Growth in other segments in an uncertain environment First-quarter 2025 resultsOrganic sales down by -1.7% compared with Q1 2024 All segments reported growth, except for North America (-12.3%), where the consolidation of several distribution platforms was delayed and temporarily restricted shipping capacity. In EMEA business volume is up +1.9% versus Q1 2024, driven by good momentum in commercial segments, even though demand is not showing clear signs of recovery The CIS, APAC and Latin America segment grew despite a drop in volume in the CIS; Asia grew, and Latin America was particularly dynamic over the quarter. Sports grew by +3.8% (organic) despite a high comparison base. Acquisitions contributed...

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GTT: Q1 2025 Activity Update – Press Release

First-quarter 2025 revenue up 32%Diversified orders in the first quarter of 2025, with 9 LNG carriers and 7 very large ethane carriers Revenue amounted to 191 million euros, up 32% compared to the first quarter of 2024 2025 targets confirmedParis – 17 April 2025. GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, today announces its revenue for the first quarter of the 2025 financial year. Commenting on the results, Philippe Berterottière, Chairman and Chief Executive Officer of GTT, said: “With 16 orders for LNG carriers and very large ethane carriers booked in the first quarter of 2025, commercial performance in our core business remained strong in a global environment marked by significant uncertainty, less favourable to investment decisions. However, the lifting of the moratorium...

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