SINGAPORE, Dec. 13, 2024 (GLOBE NEWSWIRE) — Sound Group Inc. (NASDAQ: SOGP) (“SOGP” or the “Company” or “We”), a global audio-centric social and entertainment company, today announced its unaudited financial results for the six months ended June 30, 2024. First Half of 2024 Financial and Operational HighlightsNet revenues were RMB924.0 million (US$127.1 million) for the six months ended June 30, 2024, compared with RMB1,223.8 million for the six months ended June 30, 2023. Net loss was RMB36.5 million (US$5.0 million) for the six months ended June 30, 2024, compared with net income of RMB59.9 million for the six months ended June 30, 2023. Average total mobile MAUs1 for the six months ended June 30, 2024 was 35.7 million, compared with 47.6 million for the six months ended June 30, 2023.Mr. Jinnan (Marco) Lai, Founder and CEO...

TORONTO, Dec. 12, 2024 (GLOBE NEWSWIRE) — The Becker Milk Company Limited (the “Company”) (TSX-BEK.B) is pleased to report the results for the six months ended October 31, 2024. HIGHLIGHTSTotal revenues for the six months ended October 31, 2024, were $1,451,462 compared to $1,488,135 for the same period in 2023; The non-GAAP financial measure Net Operating Income for year-to-date Q2 fiscal 2025 was $1,191,698 compared to $1,181,810 in fiscal 2024; Net income for year-to-date Q2 fiscal 2025 was $0.78 per share for the year, compared to $0.30 net loss per share in Q2 fiscal 2024.FINANCIAL HIGHLIGHTS Total revenues for the six months ended October 31, 2024, fell $36,673 compared to the six months ended October 31, 2023, a result of reduced finance income.      Six months ended      October 31      2024   2023  Property...

ISSAQUAH, Wash., Dec. 12, 2024 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the first quarter of fiscal 2025 (twelve weeks), ended November 24, 2024. Net sales for the first quarter increased 7.5 percent, to $60.99 billion from $56.72 billion last year. Comparable sales for the first quarter fiscal 2025 were as follows:  12 Weeks   12 Weeks      Adjusted*U.S. 5.2%   7.2%Canada 5.8%   6.7%Other International 4.7%   7.1%       Total Company 5.2%   7.1%       E-commerce 13.0%   13.2% *Excluding the impacts from changes in gasoline prices and foreign exchange. Net income for the quarter was $1,798 million, $4.04 per diluted share, compared to $1,589 million, $3.58 per diluted share, last year. This year’s results...

Contribution from Tyman Acquisition Boosts ResultsMargin Expansion Realized on Consolidated Basis for Full Year$53.75 Million of Debt Repaid Since Closing Tyman AcquisitionIntegration of Transformative Acquisition Progressing Ahead of ScheduleRealization of Synergies Ongoing HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months and twelve months ended October 31, 2024.   The Company reported the following selected financial results:      Three Months Ended October 31,   Twelve Months Ended October 31,($ in millions, except per share data)     2024   2023   2024   2023Net Sales     $492.2   $295.5   $1,277.9   $1,130.6Gross Margin     $117.1   $80.0   $305.6   $277.5Gross Margin %     23.8%   27.1%   23.9%   24.5%Net...

LAS VEGAS, Dec. 12, 2024 (GLOBE NEWSWIRE) — Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal year ended September 30, 2024.  Fiscal Year 2024 Key Highlights:Revenue increased 33.1% to $472.8 million, compared to $355.2 million in the prior year Gross profit increased 25.3% to $144.8 million, compared to $115.6 million in the prior year Net loss was $26.7 million and loss per share was $8.48, compared to the prior year net loss of $0.1 million and loss per share of $0.03. Net loss for fiscal year 2024 includes an $18.1 million goodwill impairment charge in the Retail-Flooring segment Adjusted EBITDA¹ was $24.5 million, compared to $31.5 million in the prior year Total assets of $407.5 million and stockholders’ equity of...

Record GMV and Market Share Expansion Cap Year of Innovation and Excellence BETHESDA, Md., Dec. 12, 2024 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended September 30, 2024, as compared to the corresponding prior year quarter:Gross Merchandise Volume (GMV) of $361.0 million, up 14%, and Revenue of $106.9 million, up 34% GAAP Net Income of $6.4 million, up $0.1 million, and GAAP Diluted Earnings Per Share (EPS) of $0.20 Non-GAAP Adjusted EBITDA of $14.5 million, up 13%, and Non-GAAP Adjusted EPS of $0.32, up 23% Cash balances of $155.5 million1 with zero financial debt“Our strong fourth quarter results capped a successful year of market share expansion and consistent...

BEIJING, Dec. 12, 2024 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Highlights1Net revenues were RMB59.6 million (US$8.5 million), compared with net revenues of RMB45.1 million in the third quarter of 2023. Gross margin was 60.9%, compared with 54.1% in the third quarter of 2023. Net loss was RMB17.4 million (US$2.5 million), compared with net loss of RMB72.9 million in the third quarter of 2023. Net loss as a percentage of net revenues was negative 29.2% in the third quarter of 2024, compared with negative 161.6% in the third quarter of 2023. Adjusted net loss2 (non-GAAP), which excluded share-based compensation expenses...

COLUMBUS, Ohio, Dec. 11, 2024 (GLOBE NEWSWIRE) — Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated.  For themonth endedNovember 30, 2024   For themonth endedNovember 30, 2023  (dollars in millions)End-of-period credit card and other loans $ 18,143     $ 18,780  Average credit card and other loans (1) $ 17,947     $ 18,200  Year-over-year change in average credit card and other loans (1)   (1 %)     (8 %)Net principal losses (2) $ 118     $ 120  Net loss rate (1)(2)   8.0 %     7.9 %  As ofNovember 30, 2024   As ofNovember 30, 2023  (dollars in millions)30...

Upon completion of our proposed merger with Cyclo Therapeutics the Company intends to focus its efforts on Cyclo’s lead clinical program Trappsol® Cyclo™ NEWARK, N.J., Dec. 11, 2024 (GLOBE NEWSWIRE) — Rafael Holdings, Inc. (NYSE: RFL), today reported its financial results for the first quarter of fiscal year 2025 ended October 31, 2024. “We anticipate proceeding to a shareholder vote on our pending merger agreement with Cyclo Therapeutics, Inc. (Nasdaq: CYTH) in the first calendar quarter of 2025 and closing promptly post shareholder approvals. Upon closing of the merger, the Company intends to focus its strategic efforts and resources on what will then be the Company’s lead clinical program and core asset, Trappsol® Cyclo™. Accordingly, we are currently evaluating our other operating entities and portfolio of assets,”...

BROOKFIELD, Conn., Dec. 11, 2024 (GLOBE NEWSWIRE) — Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its full year and fourth quarter of fiscal year 2024 ended October 31, 2024. “We achieved sequential revenue growth in the fourth quarter, with increased sales in both Integrated Circuits (IC) and Flat Panel Displays (FPD),” said Frank Lee, chief executive officer. “IC growth was driven by strong high-end sales, particularly in the US, while FPD was led by mainstream demand. Photomask demand trends were favorable as we ended the year and we are cautiously optimistic that these trends will continue into 2025, driven by megatrends such as AI, supply chain regionalization, and edge computing. We believe our competitive advantages and market leadership will...