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Michigan Business Tribune: Press Releases

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Press releases published on May 8, 2025

Montauk Renewables Announces First Quarter 2025 Results

Montauk Renewables Announces First Quarter 2025 Results

PITTSBURGH, May 08, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today …

U.S. Energy Corp. Announces First Quarter 2025 Results Conference Call Date

U.S. Energy Corp. Announces First Quarter 2025 Results Conference Call Date

HOUSTON, May 08, 2025 (GLOBE NEWSWIRE) -- U.S. Energy Corporation (NASDAQ: USEG, “U.S. Energy” or the “Company”), a growth-focused energy company engaged in the development and operation of high-quality producing energy and industrial gas assets, today …

Southside Bancshares, Inc. Declares Cash Dividend

Southside Bancshares, Inc. Declares Cash Dividend

TYLER, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled …

Serina Therapeutics Reports First Quarter 2025 Financial Results and Provides Business Highlights

Serina Therapeutics Reports First Quarter 2025 Financial Results and Provides Business Highlights

On track for first patient dosing of SER-252 in Phase 1b clinical trial in advanced Parkinson’s disease in Q4 2025 Strengthened balance sheet with recent financing Advancing innovative POZ Platform across multiple therapeutic modalities Two new seasoned …

Fennec Pharmaceuticals to Report First Quarter 2025 Financial Results on May 13, 2025

Fennec Pharmaceuticals to Report First Quarter 2025 Financial Results on May 13, 2025

RESEARCH TRIANGLE PARK, N.C., May 08, 2025 (GLOBE NEWSWIRE) -- Fennec Pharmaceuticals Inc. (NASDAQ: FENC; TSX: FRX), a commercial stage specialty pharmaceutical company, today announced that the Company will release its first quarter 2025 financial results …

Cidara Therapeutics Provides Corporate Update and Reports First Quarter 2025 Financial Results

Cidara Therapeutics Provides Corporate Update and Reports First Quarter 2025 Financial Results

Data cutoff date for Phase 2b NAVIGATE trial efficacy reached on April 30, 2025; top-line data readout expected in late June 2025 Nature Microbiology publication highlights preclinical data and the potential of CD388 as a potent, universal antiviral for …

PacBio Announces First Quarter 2025 Financial Results

PacBio Announces First Quarter 2025 Financial Results

MENLO PARK, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB) today announced financial results for the quarter ended March 31, 2025. First quarter results:   Q1 2025 Q1 2024 Revenue $37.2 million $38.8 million Instrument revenue $11.0 million …

Clarus Reports First Quarter 2025 Results

Clarus Reports First Quarter 2025 Results

Continues to Execute Strategic Initiatives to Accelerate Long-Term Profitable Growth Promotes Industry Veteran Tripp Wyckoff to Lead Adventure Entered into Agreement to Divest PIEPS Snow Safety Brand for €7.8 Million SALT LAKE CITY, May 08, 2025 (GLOBE …

Global Ship Lease Announces Annual Meeting of Shareholders

Global Ship Lease Announces Annual Meeting of Shareholders

ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”) has scheduled its Annual Meeting of Shareholders for June 17, 2025, at 10:00 a.m. Eastern Time (the “Annual Meeting”). The record date for determining …

America’s Car-Mart, Inc. Announces Chief Financial Officer Transition

America’s Car-Mart, Inc. Announces Chief Financial Officer Transition

ROGERS, Ark., May 08, 2025 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”), today announced that Jonathan Collins will assume the role of Chief Financial Officer (CFO) effective May 12, 2025. He will succeed …

Rackspace Technology Reports First Quarter 2025 Results

Rackspace Technology Reports First Quarter 2025 Results

Revenue of $665 million in the First Quarter, down 4% Year-over-Year Private Cloud Revenue was $250 million, down 7% Year-over-Year Public Cloud Revenue was $416 million, down 2% Year-over-Year First Quarter 2025 Cash Flow From Operating Activities was $13 …

VALHI REPORTS FIRST QUARTER 2025 RESULTS

VALHI REPORTS FIRST QUARTER 2025 RESULTS

Dallas, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE: VHI) reported net income attributable to Valhi stockholders of $16.9 million, or $.59 per share, in the first quarter of 2025 compared to net income of $7.8 million, or $.27 per share, in …

Farmer Brothers Coffee reports third quarter fiscal 2025 financial results

Farmer Brothers Coffee reports third quarter fiscal 2025 financial results

Third quarter fiscal 2025 net sales of $82.1 million Third quarter fiscal 2025 gross margin increase of 200 basis points year-over-year to 42.1% Reported third quarter net loss of $5 million and improved adjusted EBITDA1 of $1.7 million Completion of the …

Okeanis Eco Tankers Corp. – New Financings Update

Okeanis Eco Tankers Corp. – New Financings Update

ATHENS, Greece, May 08, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has declared its options to purchase back each of the VLCC vessels Nissos Kea, Nissos Nikouria, and Nissos …

DraftKings Reports First Quarter Revenue of $1,409 Million

DraftKings Reports First Quarter Revenue of $1,409 Million

BOSTON, May 08, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its first quarter 2025 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor …

Norwegian Cruise Line Holdings Appoints Former United Airlines Executive, Linda P. Jojo, to Its Board of Directors

Norwegian Cruise Line Holdings Appoints Former United Airlines Executive, Linda P. Jojo, to Its Board of Directors

MIAMI, May 08, 2025 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) today announced the appointment of Linda P. Jojo to its Board of Directors (the “Board”) as an independent director, effective May 7, 2025. Ms. Jojo will also serve as …

Globus Medical Reports First Quarter 2025 Results

Globus Medical Reports First Quarter 2025 Results

AUDUBON, Pa., May 08, 2025 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced its financial results for the quarter ended March 31, 2025. Worldwide net sales were $598.1 million, a decrease …

Turtle Beach Corporation Announces Growth in Revenue, Adjusted EBITDA and Gross Margins in First Quarter 2025 Results and $75 Million Share Repurchase Program

Turtle Beach Corporation Announces Growth in Revenue, Adjusted EBITDA and Gross Margins in First Quarter 2025 Results and $75 Million Share Repurchase Program

–Net Revenue of $63.9 million, up 14% compared to prior year– –Gross Margin improved to 36.6%, an increase of approximately 470 basis points compared to prior year– –Net Loss of $(0.7) million compared to Net Income of $0.2 million in prior year– –Adjusted …

Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

Microchip Technology Announces Quarterly Cash Dividend on Common Stock of 45.5 Cents Per Share

CHANDLER, Ariz., May 08, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash …

FTAI Infrastructure Inc. Reports First Quarter 2025 Results, Declares Dividend of $0.03 per Share of Common Stock

FTAI Infrastructure Inc. Reports First Quarter 2025 Results, Declares Dividend of $0.03 per Share of Common Stock

NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the first quarter 2025. The Company’s consolidated comparative financial statements and key …

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