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V2X Awarded $4.3 Billion Contract to Support U.S. Air Force T-6 COMBS Program
Prnewswire· 2025-08-01 10:30
RESTON, Va., Aug. 1, 2025 /PRNewswire/ -- V2X, Inc. (NYSE: VVX), has been awarded a $4.3 billion indefinite-delivery/indefinite-quantity contract by the U.S. Air Force for Contractor Operated and Maintained Supply services in support of the T-6 aircraft.This contract provides supply support for safe, flyable aircraft to meet the daily flight schedules and depot requirements of the U.S. Air Force, Navy, and Army. The effort aligns with Department of Defense and commercial best practices for procuring, produc ...
Hyperscale Data Enters into an Agreement for a Financing of up to $100 Million
Prnewswire· 2025-08-01 10:30
LAS VEGAS, Aug. 1, 2025 /PRNewswire/ -- Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company ("Hyperscale Data" or the "Company"), announced today that it has entered into a Securities Purchase Agreement (the "Agreement") providing for up to $100 million of financing (the "Financing") from Ault & Company, Inc., a related party ("A&C"). Pursuant to the Agreement, Hyperscale Data has agreed to issue and sell to A&C up to $100 million in shares of Series H Convertible Preferred Stock (the ...
Uranium Royalty Announces Appointment of Chief Financial Officer
Prnewswire· 2025-08-01 10:30
DESIGNATED NEWS RELEASEVANCOUVER, BC, Aug. 1, 2025 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) ("URC" or the "Company") is pleased to announce that Andy Marshall has been appointed Chief Financial Officer of URC, succeeding Josephine Man in such position.Scott Melbye, Chief Executive Officer, stated: "On behalf of the board of directors of the Company and the wider team, I would like to congratulate Josephine on her recent appointment as CFO of Uranium Energy Corp.  and  sincerely thank h ...
EchoStar Announces Financial Results for the Three and Six Months Ended June 30, 2025
Prnewswire· 2025-08-01 10:30
Wireless: Net subscriber growth (+212K), improved churn (2.69%, an improvement of 24 basis points year-over-year), improved average revenue per user (ARPU) (4.1% year-over-year) and the highest prepaid ARPU in the industry. Pay TV: Lowest DISH TV churn (1.29%) in over a decade (excluding the pandemic), growth in ARPU (+3% year-over-year) and increased viewership engagement (hours/viewer). Broadband & Satellite Services: Increased enterprise order backlog (future revenues) by 8% to $1.6B primarily through g ...
Xenia Hotels & Resorts Reports Second Quarter 2025 Results
Prnewswire· 2025-08-01 10:30
ORLANDO, Fla., Aug. 1, 2025 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced results for the quarter ended June 30, 2025.Second Quarter 2025 Highlights Net Income: Net income attributable to common stockholders was $55.2 million, or $0.56 per share Adjusted EBITDAre: $79.5 million, increased 16.3% compared to the second quarter of 2024 Adjusted FFO per Diluted Share: $0.57, increased 9.6% compared to the second quarter of 2024 Same-Property Occupancy: 72.3% ...
Avient Announces Second Quarter 2025 Results
Prnewswire· 2025-08-01 10:15
Second quarter sales of $867 million reflect 2% growth over the prior year quarter and includes a favorable impact of 1% from foreign exchange Second quarter GAAP EPS of $0.57 compared to $0.36 in the prior year quarter Second quarter adjusted EPS of $0.80 exceeds previous guidance of $0.79; represents 5% growth over the prior year quarter and includes a favorable impact of $0.01 attributable to foreign exchange 2025 full-year adjusted EPS guidance range narrowed to $2.77 to $2.87 from previous guidance of ...
Avantor® Reports Second Quarter 2025 Results
Prnewswire· 2025-08-01 10:05
Core Viewpoint - Avantor, Inc. reported its financial results for the second fiscal quarter ended June 30, 2025, highlighting a focus on growth, operational leverage, and disciplined execution despite facing challenges in certain segments [1][2]. Financial Performance - Net sales for the second quarter were $1,683.4 million, a decrease of 1% compared to the same period in 2024, with foreign currency translation positively impacting sales by 2% and M&A negatively impacting by 3%, resulting in flat organic sales [3][7]. - Net income decreased to $64.7 million from $92.9 million in the second quarter of 2024, with adjusted net income at $161.2 million compared to $168.0 million in the prior year [4][7]. - Adjusted EBITDA was $279.8 million, with an adjusted EBITDA margin of 16.6% [4][7]. Segment Results - The Laboratory Solutions segment reported net sales of $1,122.1 million, a decrease of 3% year-over-year, with an adjusted operating income of $133.3 million and a margin of 11.9% [8][30]. - The Bioscience Production segment saw net sales of $561.3 million, an increase of 3% compared to the previous year, with an adjusted operating income of $139.7 million and a margin of 24.9% [8][30]. Cash Flow and Leverage - Operating cash flow was $154.4 million, while free cash flow was $125.4 million, with adjusted net leverage at 3.2x as of June 30, 2025 [5][29]. Leadership Transition - Avantor announced the appointment of Emmanuel Ligner as the new President and CEO, effective August 18, 2025, succeeding Michael Stubblefield [9].
KIA AMERICA POSTS 12 PERCENT YEAR-OVER-YEAR SALES INCREASE IN JULY
Prnewswire· 2025-08-01 09:11
Core Insights - Kia America reported total sales of 71,123 units in July 2025, representing a 12 percent increase compared to July 2024 [1] - Retail sales through Kia dealerships increased by 9 percent year-over-year, achieving the best-ever July result [6] - The newly launched 2026 EV9 saw a significant sales increase of 90 percent month-over-month, with 1,737 units sold in July [1][4] Sales Performance - Key models such as Soul (+36 percent), Carnival (+30 percent), K5 (+25 percent), Telluride (+15 percent), Sportage (+14 percent), and Sorento (+11 percent) experienced double-digit sales growth over July 2024 [2] - The Carnival, Sportage, and Telluride achieved their highest-ever July sales performances [2][6] - Year-to-date sales for Kia are up 8 percent over the previous year's record pace [6] Strategic Initiatives - Kia America launched a new advertising campaign for the 2026 Sportage, emphasizing its efficiency and capability [3] - The company introduced the Kia Connected Home display at the Kia Forum in Los Angeles, showcasing the EV9's vehicle-to-home (V2H) functionality [7] - Kia America announced a $100,000 donation to the American Red Cross for flood relief efforts in Texas [7]
Zeekr Group Announces July 2025 Delivery Update
Prnewswire· 2025-08-01 07:30
Core Insights - Zeekr Group reported a total delivery of 44,193 vehicles in July 2025, marking a year-over-year increase of 19.7% and a month-over-month increase of 2.7% [2] - The Zeekr brand delivered 16,977 vehicles, while Lynk & Co delivered 27,216 vehicles, supported by over 2 million cumulative users [2] - The company introduced its Super Hybrid Technologies on July 9, featuring a 900V high-voltage architecture and advanced e-motors, setting new industry standards [3] - The Zeekr 9X will be the first model to utilize this technology, achieving a peak output of 1,030 kW and accelerating from 0-100 km/h in under 3.1 seconds, with ultra-fast charging capabilities [4] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, focusing on creating an integrated user ecosystem [5] - The company operates two brands, Lynk & Co and Zeekr, and is committed to innovation, equality, diversity, and sustainability in its operations [5] - Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain to enhance its market position [5]
Pearson Interim Results for the six months to 30th June 2025 (Unaudited)
Prnewswire· 2025-08-01 06:10
Continued strategic and operational progress against medium term strategy. On track to deliver 2025 guidance with stronger growth expected in H2.LONDON, Aug. 1, 2025 /PRNewswire/ -- Financial Highlights £m H1 2025 vs H1 2024 £m H1 2025 H1 2024 Business performance Statutory results Sales 1,722 +2% 1 Sales 1,722 1,754 Adjusted operating profit 242 +2% 1 Operating profit 240 219 Operating cash flow 126 £(3)m Profit for the period 166 158 Free cash flow 156 +£129m ...