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Landsnet's Financial Statements for 2025
Globenewswire· 2026-02-24 15:11
Core Insights - Landsnet experienced one of its largest investment years in 2025, focusing on the development and strengthening of the transmission system despite various challenges [3][2] - The company successfully completed the connection of Vestmannaeyjar to the grid with two new submarine cables, enhancing security of supply and delivery capacity in Northeast Iceland [3][4] - The financial performance for 2025 showed a profit of USD 44.9 million, an increase from USD 43.1 million in 2024, with total assets reaching USD 1,371.6 million [7][17] Investment and Development - The total investment for the year amounted to approximately USD 118 million, marking a significant commitment to the transmission system's development [10] - The company emphasized the importance of a robust and flexible grid to meet long-term electricity demand and support the energy transition [3][4] Financial Performance - Operating revenues increased to USD 208.3 million in 2025 from USD 189.0 million in the previous year [9] - Operating expenses rose to USD 131.4 million in 2025 compared to USD 118.5 million in 2024, while EBIT improved to USD 76.9 million from USD 70.5 million [17] - The equity ratio at year-end was 48.5%, up from 46.5% the previous year, indicating a stronger financial position [17] Security and Resilience - The company focused on enhancing critical infrastructure and systematic maintenance to ensure robust security of supply under various circumstances [4][6] - Landsnet's operations are crucial for Iceland's competitiveness, requiring a transmission system capable of withstanding shocks without external support [6]
Limitless X Holdings Named Executive Producer in Historic Mayweather vs. Pacquiao II Pro Boxing Rematch to Stream Live on Netflix
Globenewswire· 2026-02-24 15:00
Netflix to Live-Stream This Highly Anticipated Event Globally The original 2015 Mayweather-Pacquiao bout generated over $600 million in global revenue LOS ANGELES, CA, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Limitless X Holdings Inc. (OTCQX: LIMX) (the “Company”), a diversified holding company spanning wellness, sports, entertainment, and digital commerce, today announced that it has been named an Executive Producer in the highly anticipated rematch between world-class pro champion boxers Floyd Mayweather and Ma ...
JAKKS Pacific and COVER Corporation Announce Landmark Partnership to Launch Official hololive Merchandise Line
Globenewswire· 2026-02-24 15:00
New Global Distribution Across Venue Sales, Direct-to-Consumer, and Retail ChannelsSANTA MONICA, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- JAKKS Pacific, Inc. (NASDAQ: JAKK), a leading global manufacturer of toys and consumer products, and COVER Corporation, the Japanese public company behind the globally renowned hololive production, today announced a groundbreaking partnership to create and distribute officially licensed hololive consumer products in North America. Under the agreement, JAKKS Pacific will ...
Agora and FPT Launch Regional AI Partnership Targeting Southeast Asia’s Banking and Financial Institutions
Globenewswire· 2026-02-24 15:00
SANTA CLARA, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Agora (NASDAQ: API), a global leader in real-time engagement and conversational AI technologies, and FPT, Vietnam’s leading IT services and digital transformation company, today announced a strategic partnership to expand artificial intelligence (AI) adoption across Southeast Asia’s banking and financial services sector. The collaboration will combine Agora’s real-time engagement and conversational AI capabilities with FPT’s regional footprint and enter ...
PORTLAND FIRE AND PORTLAND THORNS ANNOUNCE LANDMARK BROADCAST PARTNERSHIP WITH GRAY MEDIA'S FOX 12 PLUS (KPDX)
Globenewswire· 2026-02-24 15:00
FOX 12 Plus Will Become The Home of the Portland Fire and Portland Thorns With New Focus On Women’s SportsPortland Fire Announces Partnership With Kiswe To Power Fan-Focused Streaming Platform         PORTLAND, Ore., Feb. 24, 2026 (GLOBE NEWSWIRE) -- The WNBA’s Portland Fire and NWSL’s Portland Thorns announced a groundbreaking, multi-year media partnership establishing Gray Media’s KPDX (FOX 12 Plus) as the regional broadcast home for the two professional women’s sports teams in Portland. Additionally, the ...
PORTLAND FIRE AND PORTLAND THORNS ANNOUNCE LANDMARK BROADCAST PARTNERSHIP WITH GRAY MEDIA’S FOX 12 PLUS (KPDX)
Globenewswire· 2026-02-24 15:00
FOX 12 Plus Will Become The Home of the Portland Fire and Portland Thorns With New Focus On Women’s SportsPortland Fire Announces Partnership With Kiswe To Power Fan-Focused Streaming Platform PORTLAND, Ore., Feb. 24, 2026 (GLOBE NEWSWIRE) -- The WNBA’s Portland Fire and NWSL’s Portland Thorns announced a groundbreaking, multi-year media partnership establishing Gray Media’s KPDX (FOX 12 Plus) as the regional broadcast home for the two professional women’s sports teams in Portland. Additionally, the Portla ...
JLT Mobile Computers revised Nomination committee 2026
Globenewswire· 2026-02-24 15:00
Växjö, Sweden, February 24, 2026* * * JLT Mobile Computers, a leading developer and supplier of reliable computers for demanding environments, today announced that the company’s major shareholders/shareholder groups, in accordance with the established principle for appointing the nomination committee of JLT Mobile Computers, have appointed a revised Nomination Committee with Josef Weidman as convener. The revision is prompted by significant changes in ownership during the interim period. The company shall h ...
Iteris to Deploy LA Metro's Countywide Cloud-Based Transit Signal Priority Program
Globenewswire· 2026-02-24 15:00
SANTA ANA, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Iteris, Inc., the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has joined forces with JMDiaz, Inc. and LYT to support the Los Angeles County Metropolitan Transportation Authority (LA Metro) in deploying a countywide cloud-based Transit Signal Priority (TSP) system across 13 major corridors in Los Angeles County. Iteris was awarded over $2 million for its role in this transformative project. Iteris i ...
Daktronics, Inc. to Release Third Quarter Fiscal 2026 Financial Results
Globenewswire· 2026-02-24 15:00
Core Viewpoint - Daktronics, Inc. will release its third quarter fiscal 2026 financial results on March 4, 2026, before the market opens, and will host a conference call at 10:00 AM CT on the same day [1]. Group 1: Financial Results Announcement - The financial results for the third quarter of fiscal 2026 will be announced on March 4, 2026, prior to market opening [1]. - A conference call and webcast will be held at 10:00 AM CT on the same day for interested parties [1][2]. Group 2: Conference Call Details - The conference call will be hosted by Ramesh Jayaraman (CEO), Brad Wiemann (Executive VP), and Howard Atkins (Acting CFO) [2]. - Participants must pre-register to listen to the earnings call by phone, and registrants will receive dial-in information and a PIN for access [3]. - A recording of the call will be archived and available for replay on Daktronics' Investor Relations website [3]. Group 3: Company Overview - Daktronics is the world's largest supplier of large-screen video displays, electronic scoreboards, LED text and graphics displays, and related control systems [4]. - The company operates in four domestic business units: Live Events, Commercial, High School Park and Recreation, and Transportation, along with one International business unit [4].
Barfresh Secures Multi-Year Bid Award with Fifth Largest School District in the United States
Globenewswire· 2026-02-24 14:58
Core Insights - Barfresh Food Group Inc. has secured a multi-year bid to supply its Twist & Go Smoothies to the largest school district in Nevada, which is the fifth largest in the United States, serving over 300,000 students [1][2] Company Developments - The company has begun providing its smoothie beverages to the district, marking a significant milestone in its expansion within the K-12 education channel [1] - The CEO highlighted that this win validates the strength of Barfresh's product portfolio and sales execution, and positions the company to pursue similar large-scale opportunities nationwide [2] Product and Market Position - Barfresh specializes in developing, manufacturing, and distributing ready-to-blend and ready-to-drink beverages, including smoothies, shakes, and frappes, primarily targeting the education market and foodservice industry [3]