SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December 31, 2024. Opendoor’s fourth quarter and year-end 2024 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports. “In 2024, we took decisive actions to streamline operations and optimize our cost structure to better position the Company to navigate the persistent housing market headwinds and drive toward our longer-term profitability target. As a result, we significantly reduced Adjusted Net Losses in...

Company to Host Quarterly Conference Call at 5:00 P.M. ET on February 27, 2025The information in this press release should be read in conjunction with an earnings presentation that is available on the Company’s website at investors.amcoastal.com/Presentations. ST. PETERSBURG, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) — American Coastal Insurance Corporation (Nasdaq: ACIC) (“ACIC” or the “Company”), a property and casualty insurance holding company, today reported its financial results for the fourth quarter and year ended December 31, 2024.       ($ in thousands, except for per share data)Three Months Ended   Year EndedDecember 31,   December 31,    2024       2023     Change     2024       2023     ChangeGross premiums written $ 140,739     $ 128,260     9.7 %   $ 647,805     $ 635,709     1.9 %Gross...

Exceeds the mid-point of fourth quarter revenue guidance, achieves record gross margin on the full year, and delivers strong cash flow generation Fourth Quarter 2024 Financial HighlightsRevenue of $275.2 million Gross Margin of 28.5% Adjusted gross margin(1) of 29.8% Net loss to common shareholders of $(141.2) millionNet loss to common shareholders inclusive of $74.0 million non-cash goodwill impairment charge and $91.9 million non-cash long-lived intangible asset write-down associated with the 2022 STI acquisitionAdjusted EBITDA(1) of $45.2 million Net loss per basic and diluted share of $(0.93) Adjusted net income per diluted share(1) of $0.16Full Year 2024 Financial HighlightsRevenue of $915.8 million Gross Margin of 32.5% Adjusted gross margin (1) of 34.1% Net loss to common shareholders of $(296.1) millionNet loss to...

BURLINGTON, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) — LeMaitre (Nasdaq:LMAT), a provider of vascular devices, implants, and services, reported Q4 2024 results, announced an increased quarterly dividend of $0.20/share (+25%), and provided guidance. Q4 2024 Financial ResultsSales $55.7mm, +14% (+14% organic) vs. Q4 2023 Gross margin 69.3%, +121 bps Op. income $12.9mm, +26% Op. margin 23% Earnings per diluted share $0.49, +30% Cash up $175.8mm sequentially to $299.7mmGrafts (+23%), carotid shunts (+14%) and catheters (+12%) drove Q4 sales growth. APAC sales increased 21%, EMEA 18% and the Americas 12%. XenoSure patches received Chinese cardiac approval in December. The gross margin improved to 69.3% (vs. 68.1% in Q4 2023), due to higher ASPs and manufacturing efficiencies. Operating income of $12.9mm was up 26% in Q4. Operating...

Fourth quarter and full year 2024 revenue exceeded guidance FRAMINGHAM, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) — Definitive Healthcare Corp. (“Definitive Healthcare” or the “Company”) (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced financial results for the quarter and full year ended December 31, 2024.  Fourth Quarter 2024 Financial Highlights:Revenue was $62.3 million, a decrease of 6% from $65.9 million in Q4 2023.  Net Loss, inclusive of goodwill impairment charges of $97.1 million, was $(84.7) million, or (136)% of revenue, compared to $(13.4) million or (20)% of revenue in Q4 2023.   Adjusted Net Income was $12.6 million, compared to $10.6 million in Q4 2023.    Adjusted EBITDA was $17.5 million, or 28% of revenue, compared to $19.8 million, or 30% of revenue in Q4 2023.   Cash Flow...

Fourth Quarter Revenue Increased 30% to a Record $19.6 Million, Producing $6.7 Million of Cash Flow from Operations Full Year 2024 Revenue Increased 25% to $75.2 Million, Generating GAAP EPS of $0.50 BOCA RATON, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) — Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced financial results for the fourth quarter and full year ended December 31, 2024. “We are proud to announce record-breaking financial results for 2024, including record revenue in the fourth quarter, which marks a significant achievement as we defied the historic seasonality we typically experience during that quarter,” stated Derek Dubner, red violet’s CEO. “The market is recognizing what we have known all along—we have built the leading technology platform with superior solutions...

TRANSFORMATION PLAN FINALISEDCONFIRMED RECOVERY IN RETAIL SALES LEANER BALANCE SHEET AND LIQUIDITY SECUREDOPERATING PROFIT POSITIVE Transformation plan finalised at year-end 2024; Nexity adapted to new market conditionsRefocusing: Execution of the disposal plan on schedule with 3 major asset sales: €435m in net sale proceeds, allocated in full to deleveraging the Group; tight WCR management (-€301m)Resizing: Reduction of operating expenses, including implementation of the redundancy plan; total cost savings expected by 2026 and confirmed at €95m, 16% of the Group’s cost base, 75% of which is expected to be achieved with effect from 2025 Recalibrating: Finalisation of the process to adapt supply for sale to new market conditions Decreased supply for sale (-27% vs Dec. 2023) and absorption rate (5 months), and virtually no completed...

PARISFebruary 27, 2025 In 2024, Valeo achieved its profitability and cash generation objectives In 2025, Valeo is aiming for structurally higher profitability and cash generation, driven by the attractive positioning of its offering and rigorous cost management      In 2024, Valeo achieved its profitability and cash generation objectives, recording:Sales of 21,492 million euros, down 0.5% on a like-for-like basis EBITDA margin up 8% to 2,863 million euros, representing 13.3% of sales (up 1.3 percentage points year on year), above guidance Operating margin up 9.7% to 919 million euros, representing 4.3% of sales (up 0.5 percentage points year on year), in line with guidance Free cash flow of 551 million euros before one-off restructuring costs, 51 million euros above guidance Free cash flow of 481 million euros after one-off...

Press Release Estimated Operational Results 2024 Vantiva meets its guidance, completes integration of CommScope’s Home Networks business and nears SCS business unit divestiture ADJUSTED EBITDA1 (continuing operations): 104 MILLION EUROS (97 MILLION IN 2023)(including SCS:142 million euros)FCF2 POSITIVE (continuing operations): 33 MILLION EUROS (-40 MILLION IN 2023)(including SCS: 55 million euros) Paris, France – February 27, 2025 – Vantiva (Euronext Paris: VANTI), a global technology leader in connectivity, announces its estimated operational results for the year 2024. The accounting basis used for these estimates is consistent with the accounting methods applied by Vantiva and described in its consolidated financial statements. However, all annual closing procedures are not completed. These estimated financial data have been examined...

Paris (France), February 27th, 2025, 17h45 CET 2024: A YEAR OF OVERACHIEVEMENTS 2025: ON TRACK TO DELIVER c.$100 MILLION NET CASH FLOW  Q4 FY1Revenue2 $339M $ 1,117M (-1%)Adjusted EBITDA3 $157M $455M (+14%)Net Cash-Flow $27M $56M (+73%)Sophie Zurquiyah, Chief Executive Officer of Viridien, said: “In 2024, we met our revenue and exceeded our profitability and cash generation targets driven by strong commercial successes at Geoscience, a dynamic performance at Earth Data in both our key basins and prospective regions and the continued focus on operational efficiency at Sensing & Monitoring. In 2025, Viridien will continue strengthening its technology leadership in its core markets while further developing its New Businesses. We anticipate continued improvements thanks to Geoscience’s record...