Globenewswire

Search documents
OceanPal Inc. Reports Financial Results for the Six Months Ended June 30, 2025
Globenewswire· 2025-08-08 12:49
Financial Performance - OceanPal Inc. reported time charter revenues of $6.2 million for the six months ended June 30, 2025, a decrease from $12.4 million in the same period of 2024, representing a decline of approximately 50% [1][6][14] - The company experienced a net loss of $10.4 million for the first half of 2025, compared to a net loss of $9.5 million for the same period in 2024, indicating a worsening financial position [1][6][14] - The net loss attributed to common stockholders was $11.9 million for the six months ended June 30, 2025, compared to $10.3 million in 2024, reflecting an increase in losses [1][6][14] Fleet and Operational Data - The average number of vessels operated by OceanPal was 4.1 in the first half of 2025, down from 5 in the same period of 2024 [6][14] - The fleet utilization rate decreased to 92.4% in 2025 from 97.9% in 2024, indicating reduced operational efficiency [6][14] - The weighted average age of the vessels was 19.4 years as of June 30, 2025, compared to 19.3 years in the previous year [6][14] Cash Flow and Balance Sheet - OceanPal reported net cash used in operating activities of $1.1 million for the first half of 2025, an improvement from $3.3 million used in the same period of 2024 [17] - The company generated $20.99 million from investing activities in 2025, compared to no cash generated in 2024 [17] - As of June 30, 2025, total assets were $78.17 million, down from $89.46 million at the end of 2024, primarily due to a decrease in the value of vessels [16][14] Industry Context - OceanPal operates in the global shipping industry, focusing on the ownership and operation of dry bulk vessels and product tankers, transporting commodities such as iron ore, coal, grain, and refined petroleum products [9] - The company primarily employs its fleet on time charter trips with short to medium duration and spot charters, aiming to maximize long-term shareholder value [9]
Triumph Announces Transfer of Listing of Common and Preferred Stock to the New York Stock Exchange
Globenewswire· 2025-08-08 12:30
DALLAS, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) today announced that it will transfer the listing and trading of its common (TFIN) and preferred stock (TFINP) to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market (“Nasdaq”). The company will retain its common stock ticker, TFIN; however, investors should note that the company’s preferred stock ticker will change from “TFINP” to “TFIN PR” in keeping with NYSE symbology. Simultaneously with this move, the compan ...
Turtle Beach Corporation to Participate in Oppenheimer 28th Annual Technology, Internet & Communications Conference
Globenewswire· 2025-08-08 12:30
SAN DIEGO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH, the “Company”), a leading gaming accessories brand, today announced that Cris Keirn, Chief Executive Officer, and Mark Weinswig, Chief Financial Officer, will virtually participate in the Oppenheimer 28th Annual Technology, Internet & Communications Conference. Chief Executive Officer Cris Keirn will host a fireside chat on Tuesday, August 12 at 2:55 p.m. ET, and management will also be available for meetings during the con ...
Snail Games' Subsidiary, Interactive Films, Unveils a New Relationship Simulation Game The Fame Game: Welcome to Hollywood
Globenewswire· 2025-08-08 12:30
CULVER CITY, Calif., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, officially announced The Fame Game: Welcome to Hollywood, a new dating simulation title being developed and published under its subsidiary Interactive Films LLC. Narrative-led games with relationship mechanics have shown strong user retention particularly among players seeking personalized, emotionally ...
Director Susan Ocampo Announces Retirement
Globenewswire· 2025-08-08 12:30
LOWELL, Mass., Aug. 08, 2025 (GLOBE NEWSWIRE) -- MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, has announced that Director Susan Ocampo will be retiring from MACOM’s Board of Directors (the “Board”), effective August 31, 2025. Mrs. Ocampo has served as a Director on the Board since August 2010, joining after she and her late husband John Ocampo acquired MACOM in 2009. During her fifteen year tenure, Mrs. Ocampo has been an integral part of ...
Hudson Global Reports 2025 Second Quarter Results
Globenewswire· 2025-08-08 12:30
OLD GREENWICH, Conn., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Hudson Global, Inc. (Nasdaq: HSON) ("Hudson Global" or "the Company"), a leading global total talent solutions company, announced today financial results for the second quarter ended June 30, 2025. 2025 Second Quarter Summary Revenue of $35.5 million decreased 0.5% from the second quarter of 2024 and 0.2% in constant currency.Adjusted net revenue of $18.6 million increased 5.8% from the second quarter of 2024 and 5.1% in constant currency.Net loss was ...
Rush Street Interactive to Participate at the Oppenheimer Technology, Internet & Communications Conference
Globenewswire· 2025-08-08 12:30
CHICAGO, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that Richard Schwartz, Chief Executive Officer, and Kyle Sauers, Chief Financial Officer, will participate in a fireside chat at Oppenheimer’s Technology, Internet & Communications Conference on Wednesday, August 13, at 9:55 a.m. Eastern Time. Access to the webcast of the event will be available thr ...
Trump Media Welcomes GB News to Streaming Platform
Globenewswire· 2025-08-08 12:30
Core Viewpoint - Trump Media and Technology Group Corp. has expanded its Truth+ streaming platform by adding British news broadcaster GB News, aiming to connect with a global audience and challenge mainstream media narratives [1][3]. Company Overview - Trump Media operates Truth Social, a social media platform focused on free expression, and Truth+, a streaming service offering family-friendly content [5]. - The company is also launching Truth.Fi, a financial services and FinTech brand [5]. GB News Overview - GB News has rapidly grown to become Britain's Number One News Channel as of July 2025, surpassing established networks like BBC News Channel and Sky News [6]. - The network was recognized as the fastest growing news and media website in the U.S. in 2024 [6]. - GB News plans to launch live daily programs from Washington, D.C. in September [6]. Expansion Details - GB News will be available for free on the Truth+ platform across various devices, including iOS, Android, and connected TVs [2]. - The collaboration aims to provide unique reporting and commentary to a broader international audience [3].
SaverOne Signs Agreement with Sdot Dan Regional Council to Deploy SaverOne System in its School Bus Fleet
Globenewswire· 2025-08-08 12:30
Sdot Dan becomes the latest regional council in central Israel to implement the SaverOne System to protect school children Petah Tikvah, Israel, Aug. 08, 2025 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company specializing in developing transportation safety solutions, today announced that the Sdot Dan Regional Council in Israel has signed an agreement to install the SaverOne system on its fleet of buses which transport students to their schools. Sdot Dan joins a group ...
Yocan Lux 2.0 Series Launches: Precision Control Meets Smarter Vaping
Globenewswire· 2025-08-08 12:30
NEW YORK, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Yocan, a leader in vaporizer technology, today refined its bestselling battery platform with the Lux 2.0 Series, proving meaningful innovation doesn't require reinventing the wheel. While retaining the signature top-twist voltage control (1.8V-4.2V) users expect, the new generation introduces first-ever OLED smart display and precision-engineered preheat system. What’s Actually New: OLED Display - Real-time voltage/puff/battery tracking (previously hidden metrics ...