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Family Office of America, Inc. Reports Profitable First Quarter 2026 Financial Results

“FOFA reports positive adjusted EBITDA of $360,000, a significant accomplishment for such a young and fast-growing company.” CENTENNIAL, Colo., May 18, 2026 (GLOBE NEWSWIRE) — OTCMarkets: FOFA OTC Markets: FOFA OTCMarkets: FOFA — Family Office of America, Inc. (“FOFA,” “Family Office of America,” or the “Company”) today announced financial results for the quarter ended March 31, 2026. First Quarter 2026 Financial HighlightsNet revenue totaled $783,126 for the three months ended March 31, 2026, compared to no revenue in the prior year period. Gross profit totaled $783,126. Income from operations was $274,872, compared to an operating loss of $(103,321) in the prior year period. Net income totaled $263,789, or $0.01 basic and diluted earnings per share, compared to a net loss of $(103,321), or...

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C3is Inc. reports robust financial and operating results for the first quarter of 2026, with a 358% increase in Adjusted Net Income

ATHENS, Greece, May 18, 2026 (GLOBE NEWSWIRE) — C3is Inc. (Nasdaq: CISS) (the “Company”), a ship-owning company providing tanker and dry bulk seaborne transportation services, announced today its unaudited financial and operating results for the first quarter ended March 31, 2026. OPERATIONAL AND FINANCIAL HIGHLIGHTSOur handysize dry bulk carriers are employed on time charters of short-term durations, producing steady cash flows, while our Aframax tanker operates in the spot market, currently achieving voyage charter rates of around $115,000 per day. The Company has also entered into agreements to acquire two product tankers for an aggregate consideration of $39.8 million. One of these tankers was delivered in April 2026, while the second is expected to be delivered in the third quarter of 2026. These acquisitions increase the...

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Zeo Energy Corp. Reports First Quarter 2026 Financial Results

Revenue increases 50% over prior year quarter, driven by increase in solar system installations NEW PORT RICHEY, Fla., May 18, 2026 (GLOBE NEWSWIRE) — Zeo Energy Corp. (Nasdaq: ZEO) (“Zeo,” “Zeo Energy,” or the “Company”), a provider of residential solar and commercial long-duration energy-storage solutions, today reported financial results for the first quarter March 31, 2026. First Quarter Financial and Operational HighlightsFirst quarter revenue was $13.2 million, up 50% from $8.8 million in the prior year period. Gross profit margin for the quarter increased to $5.6 million from $4.0 million in the prior year period. Contribution profit increased to $2.2 million from a loss of $(2.8) million in the prior year period. First quarter Adjusted EBITDA, a non-GAAP financial measure, was a loss of $(2.9) million, an improvement...

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CPI Aerostructures Reports First Quarter 2026 Results

First Quarter 2026 vs. First Quarter 2025Revenue of $17.4 million compared to $15.4 million; Gross profit of $4.5 million compared to $1.6 million; Gross profit margin of 25.8% compared to 10.7% (21.6% excluding A-10 Program impact); Net income of $1.2 million compared to net (loss) of $(1.3) million; Earnings per share of $0.10 compared to (loss) per share of $(0.10); Adjusted EBITDA(1) of $2.1 million compared to $(0.8) million ($1.4 million excluding A-10 Program impact);EDGEWOOD, N.Y., May 18, 2026 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) today announced financial results for the first quarter ended March 31, 2026, delivering significant year‑over‑year improvements driven by favorable product mix, operational efficiencies, and continued execution across key Aerospace...

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Lendlease REIT Delivers Strong Operating Performance and Disciplined Capital Management

Key HighlightsPositive retail rental reversion of 12.2%1 achieved in 3Q FY2026. Positive rental uplift of 1.5%2 for office Building 1 and 2 in Milan, effective from April 2026. Year-to-date tenant sales up 17.6%3 YoY. On a like‑for‑like basis, excluding PLQ Mall, tenant sales also increased 2.5% YoY. Portfolio occupancy improved to 95.3%4 from 94.9%4 in the preceding quarter. Gearing stood at 38.7% as at 31 March 2026. Post quarter-end, S$120 million perpetual securities were issued at 4.28% per annum. Completed refinancing of the PLQ Mall loans, securing approximately S$2 million in annual all‑in debt cost savings, in line with acquisition underwriting5. Electricity tariffs contracted at fixed rates till FY2028, de-risking against potential rate hikes. Targeted enhancement works at PLQ Mall are underway and expected to be completed...

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TURBO ENERGY FILES FY2025 ANNUAL REPORT HIGHLIGHTING 107% REVENUE GROWTH AND STRATEGIC TRANSITION TO AI-DRIVEN ENERGY INFRASTRUCTURE

Company reports significant improvement in operating performance, strengthens its financial position through approximately $5.0 million in capital raises and accelerates expansion across intelligent industrial energy infrastructure VALENCIA, Spain, May 18, 2026 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems, today announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (“SEC”). Turbo Energy reported full year 2025 revenue of $23.46 million, representing year-over-year growth of 107% compared to 2024. The Company also reported a significant improvement in operating performance, with operating loss...

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BIO-key Q1 Bottom-Line Improves on 34% Rise in Revenue; Expects Q2 Profitability on 65% Revenue Increase; Investor Call Today at 10am ET

HOLMDEL, N.J., May 18, 2026 (GLOBE NEWSWIRE) — BIO-key® International, Inc. (OTC Markets: BKYI), a global leader in Identity and Access Management (IAM) and biometric authentication technologies, announced its first quarter (Q1’26) results and first half of 2026 (1H’26) outlook. BIO-key will host an investor call today at 10:00am ET (details below). Financial Highlights:Q1’26 revenues increased 34% to $2.15M vs. Q1’25 and 74% vs. Q4’25 Q1’26 net loss improved to $(165K) vs. $(737K) in Q1’25 and $(1.722M) in Q4’25 Q1’26 ending cash and cash equivalents position of $2.24M Q1’26 ending shares outstanding of 1.08MOutlook:Q2’25 revenues expected to rise 65% to approx. $2.8M vs. $1.7M in Q2’25 1H’26 revenues expected to rise 50% to approx. $5M vs. $3.3M in 1H’25 Expects H1’26 profitability vs $(1.9M) net loss in H1’25 1H’26 cash...

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CervoMed Reports First Quarter 2026 Financial Results and Provides Corporate Updates

Continued progress towards initiating planned Phase 3 trial evaluating neflamapimod in patients with dementia with Lewy bodies in second half of 2026, subject to financing Presented new analyses at AAN 2026 highlighting first-ever MRI data demonstrating evidence of reversible disease progression in the basal forebrain with neflamapimod treatment Presented new analyses at AD/PD™ 2026 demonstrating that patients with lower plasma pTau181 levels, a biomarker indicating an earlier stage of disease and a low likelihood of having Alzheimer’s disease co-pathology, experienced greater clinical benefit from neflamapimod BOSTON, May 18, 2026 (GLOBE NEWSWIRE) — CervoMed Inc. (NASDAQ: CRVO), a clinical-stage biotechnology company developing treatments for age-related brain disorders (CervoMed or the Company), today reported financial...

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Duos Technologies Reports First Quarter 2026 Results

Company remains on target to achieve $50 million revenue in 2026, supported by $200 million strategic partnership with Hydra Host, with deployment slated for the second half of the year 2026 marks Company’s next phase of growth and will be focused on scaling modular EDCs, expanding GPU hosting capabilities, and executing a disciplined capacity expansion JACKSONVILLE, Fla., May 18, 2026 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of modular, colocation Edge and AI data centers and technology infrastructure solutions, reported financial results for the first quarter (“Q1 2026”) ended March 31, 2026. First Quarter 2026 and Recent Operational HighlightsCompleted a $65 million capital raise in March 2026, significantly strengthening the Company’s balance sheet and providing...

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Safe Harbor Financial Reports First Quarter 2026 Results and Provides Corporate Update

First Quarter 2026 Revenue of Approximately $2.0 Million, Up 2.2% Year Over Year Loan Program Income Up 55.6% Year Over Year to Approximately $0.8 Million Total Operating Expenses Down 4.7% Year Over Year Cash and Cash Equivalents of $5.9 Million and Stockholders’ Equity of $6.7 Million as of March 31, 2026 DENVER, May 18, 2026 (GLOBE NEWSWIRE) — SHF Holdings, Inc., d/b/a Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leading fintech platform serving the banking, lending, and financial services needs of the regulated cannabis and hemp industries, today announced its financial results for the first quarter ended March 31, 2026. “Our first quarter results reflect meaningful progress across the core drivers of our business. Loan program income grew more than 55% year over year,...

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