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Waters Corporation (NYSE: WAT) Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-04 10:00
Highlights Second Quarter 2025 MILFORD, Mass., Aug. 4, 2025 /PRNewswire/ -- Waters Corporation (NYSE: WAT), today announced its financial results for the second quarter of 2025. Sales for the second quarter of 2025 were $771 million, an increase of 9% as reported and 8% in constant currency, compared to sales of $709 million for the second quarter of 2024. On a GAAP basis, diluted earnings per share (EPS) for the second quarter of 2025 was $2.47, compared to $2.40 for the second quarter of 2024. Non-GAAP EP ...
LINEAGE INVESTOR NOTICE: Investor Files Class Action Lawsuit Against Lineage, Inc. and Attorneys Announce Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit - LINE
Prnewswire· 2025-08-04 09:50
SAN DIEGO, Aug. 4, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Lineage, Inc. (NASDAQ: LINE) common stock in or traceable to the registration statement used in connection with Lineage's July 2024 initial public offering ("IPO"), have until September 30, 2025 to seek appointment as lead plaintiff of the Lineage class action lawsuit.  Captioned City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., No. 25-cv-12383 (E.D. Mich.), the Li ...
Vipshop to Announce Second Quarter 2025 Financial Results on August 14, 2025
Prnewswire· 2025-08-04 09:00
Core Viewpoint - Vipshop Holdings Limited plans to release its second quarter 2025 financial results on August 14, 2025, before the US market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call scheduled for August 14, 2025, at 7:30 am US Eastern Time and 7:30 pm Beijing Time [1] - Participants must pre-register online to join the conference call [2] Group 2: Access Information - A live webcast of the earnings conference call will be available, and an archived version will be accessible on the Company's investor relations website [3] - The Company provides a registration link for participants to obtain dial-in numbers and a unique access PIN [2] Group 3: Company Overview - Vipshop Holdings Limited is a leading online discount retailer for brands in China, offering high-quality branded products at significant discounts [4] - Since its founding in August 2008, the Company has developed a growing customer base and brand partnerships [4]
Yalla Group Limited to Report Second Quarter 2025 Financial Results on August 11, 2025 Eastern Time
Prnewswire· 2025-08-04 09:00
Core Viewpoint - Yalla Group Limited, the largest online social networking and gaming company in the MENA region, is set to announce its unaudited financial results for Q2 2025 on August 11, 2025, after U.S. market close [1]. Company Overview - Yalla Group Limited operates two main mobile applications: Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming app featuring online board games popular in MENA [3]. - The company has expanded its offerings through Yalla Game Limited, focusing on mid-core and hard-core games, and has developed additional products like YallaChat and WeMuslim to cater to Arabic users [3]. - Yalla is also exploring opportunities outside the MENA region with Yalla Parchis, a Ludo game aimed at South American markets [3]. Upcoming Events - A conference call to discuss the financial results will take place on August 11, 2025, at 8:00 PM Eastern Time, with access available through various international numbers [2]. - The replay of the conference call will be accessible until August 18, 2025 [2]. - A live and archived webcast will be available on the company's investor relations website [2].
FTFT Announces the Official Establishment of RWA Division
Prnewswire· 2025-08-04 08:59
Core Insights - Future FinTech Group Inc. has established a Real-World Asset Tokenization Division to explore stablecoin issuance and asset tokenization under Web3.0 architecture [1] - The division aims to obtain regulatory licenses for stablecoins and tokenized assets while ensuring compliance with relevant authorities [2][3] - The company plans to evaluate potential underlying assets such as gold, Bitcoin, and U.S. Treasury bonds to back its stablecoin and RWA issuance [4] Company Structure and Leadership - Mr. Kai Xu has been appointed as President of the RWA Division, overseeing strategic planning and daily management [2] - Ms. Jia Chen has been appointed Vice President of the RWA Division, focusing on compliance and regulatory communication with Hong Kong authorities [3] - CEO Hu Li emphasized the importance of building a robust technical architecture for stablecoin management and asset valuation [4] Strategic Goals - The RWA Division will lead the design and implementation of on-chain processes for real-world assets, including risk management and trading mechanisms [4] - The company aims to coordinate its reserve crypto assets and digital asset trading business as part of its integrated development strategy [2][4] - Professor Yu Xiong will assist in engaging with regulatory agencies and strategic partners to support the sustainable growth of the stablecoin and RWA businesses [4]
Kuaishou Technology to Report 2025 Second Quarter and Interim Financial Results on August 21, 2025
Prnewswire· 2025-08-04 08:52
Core Viewpoint - Kuaishou Technology will report its unaudited consolidated results for Q2 and the first half of 2025 on August 21, 2025, after the Hong Kong market closes [1] Group 1: Financial Reporting - The unaudited consolidated results will cover the period ended June 30, 2025 [1] - A conference call will be held on August 21, 2025, at 7:00 PM Beijing Time to discuss the results [2] - Participants must pre-register for the conference call, with options for Chinese and English simultaneous interpretation [2] Group 2: Conference Call Details - Live and archived webcasts of the conference call will be available on the company's investor relations website [3] - Replays of the conference call will be accessible until August 28, 2025, with specific dial-in numbers provided for different regions [3] Group 3: Company Overview - Kuaishou is a leading content community and social platform in China and globally, focusing on customer obsession [4] - The company leverages AI technology to drive innovation and enhance its service offerings [4] - Kuaishou's platform allows users to share experiences, discover goods, and showcase talents through short videos and live streams [4]
Akeso Announces Approval to Initiate Global Registrational Trial of Cadonilimab (PD-1/CTLA-4) for PD-1 Treatment-Resistant Hepatocellular Carcinoma
Prnewswire· 2025-08-04 05:56
Core Viewpoint - Akeso, Inc. has received approval to initiate a global Phase II trial for cadonilimab, a bispecific antibody, to treat advanced hepatocellular carcinoma (HCC) in patients previously treated with other therapies, addressing a significant unmet need in cancer treatment [1][4][6] Group 1: Clinical Development - The COMPASSION-36/AK104-225 trial is a pivotal part of cadonilimab's global development strategy, aiming to improve treatment options for patients with HCC who have developed resistance to existing therapies [2][3] - Cadonilimab is the first bispecific antibody approved globally for cancer immunotherapy, demonstrating potential in combination therapies for HCC and other malignancies [5][6] Group 2: Market Need - HCC is a prevalent cancer, with approximately 865,000 new cases reported globally in 2022, and there are currently no FDA-approved second-line therapies for patients whose disease progresses after first-line treatment [4][6] - The lack of effective second-line treatment options for advanced malignancies highlights the critical need for new therapeutic strategies, which cadonilimab aims to address [3][4] Group 3: Research and Innovation - Akeso is advancing multiple clinical trials for cadonilimab, including studies for neoadjuvant therapy and combination therapies with other agents, showcasing its commitment to addressing cancer immunotherapy resistance [6][10] - The company has a robust pipeline of over 50 innovative assets, with 24 candidates in clinical trials, reflecting its focus on developing first-in-class and best-in-class therapies [10]
SOHU.COM REPORTS SECOND QUARTER 2025 UNAUDITED FINANCIAL RESULTS
Prnewswire· 2025-08-04 05:00
Core Viewpoint - Sohu.com Limited reported its second quarter financial results for 2025, highlighting a decline in total revenues and online game revenues, while marketing services revenues showed a slight recovery quarter-over-quarter. The company emphasized its focus on enhancing user engagement and optimizing its product offerings to capture monetization opportunities [2][4][14]. Financial Performance - Total revenues for the second quarter were US$126 million, down 27% year-over-year and 7% quarter-over-quarter [4][14]. - Marketing services revenues were US$16 million, down 21% year-over-year but up 14% quarter-over-quarter [4][14]. - Online game revenues were US$106 million, down 28% year-over-year and 10% quarter-over-quarter [4][14]. - Both GAAP and non-GAAP gross margin stood at 78%, an increase from 67% in the second quarter of 2024 and 76% in the first quarter of 2025 [5][14]. Operating Expenses and Losses - Operating expenses were US$120 million, down 25% year-over-year and 1% quarter-over-quarter [6][14]. - GAAP operating loss was US$22 million, an improvement from a loss of US$44 million in the second quarter of 2024 [7][14]. - Non-GAAP operating loss was also US$22 million, compared to a loss of US$45 million in the same quarter last year [7][14]. Net Income and Tax Expense - GAAP net loss attributable to Sohu.com Limited was US$20 million, compared to a net loss of US$38 million in the second quarter of 2024 [10][14]. - Non-GAAP net loss was also US$20 million, compared to a net loss of US$34 million in the same quarter last year [11][14]. - GAAP income tax expense was US$9 million, consistent with the previous year, while the first quarter of 2025 had a tax benefit of US$189 million due to a reversal of a tax expense [8][9][14]. Liquidity and Capital Resources - As of June 30, 2025, the company had cash and cash equivalents, short-term investments, and long-term time deposits totaling approximately US$1.2 billion [12][14]. Business Outlook - For the third quarter of 2025, Sohu estimates marketing services revenues to be between US$14 million and US$15 million, and online game revenues to be between US$107 million and US$117 million [20][27].
LMT Investors Have the Opportunity to Lead the Lockheed Martin Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-08-03 14:55
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Lockheed Martin Corporation due to significant financial losses and alleged violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by September 26, 2025 [2][4]. Group 1: Financial Losses and Stock Performance - Lockheed Martin announced pre-tax losses of $1.7 billion on January 28, 2025, attributed to classified programs, with $555 million in losses from the Aeronautics program and approximately $1.3 billion from the Missiles and Fire Control business [6]. - Following the announcement of these losses, Lockheed Martin's share price dropped by $46.24, or 9.2%, closing at $457.45 on January 28, 2025 [7]. - On July 22, 2025, the company disclosed an additional $1.6 billion in pre-tax losses, including $950 million related to its Aeronautics Classified program, leading to a further decline in share price by $49.79, or 10.8%, to close at $410.74 [9]. Group 2: Allegations of Misconduct - The complaint against Lockheed Martin alleges that the company and its executives made false or misleading statements regarding internal controls, risk management, and the ability to meet contract commitments, which misled investors about the company's financial health [4]. - Specific allegations include a lack of effective internal controls over risk-adjusted contracts and an overstatement of the company's ability to deliver on cost, quality, and schedule commitments [4]. Group 3: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $75,000 between January 23, 2024, and July 21, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options [1]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Lockheed Martin's conduct to support the investigation [11].
SOC Investors Have the Opportunity to Lead the Sable Offshore Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-08-03 14:40
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sable Offshore Corp. due to allegations of violations of federal securities laws, particularly regarding misleading statements about the company's oil production activities [2][4]. Group 1: Legal Investigation and Class Action - The firm is encouraging investors who suffered losses exceeding $50,000 in Sable Offshore between May 19, 2025, and June 3, 2025, to discuss their legal options [1]. - There is a deadline of September 26, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Sable Offshore [2]. - The complaint alleges that Sable Offshore and its executives made false statements regarding the restart of oil production off the coast of California, which were not true [4]. Group 2: Stock Performance and Market Reaction - Following a court injunction against Sable's pipeline repair and maintenance activities, the company's stock fell by $5.04 per share, or 15.3%, closing at $27.89 per share on May 28, 2025 [5]. Group 3: Company Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3].