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ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Endeavor Group Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - EDR
TMX Newsfile· 2026-03-03 20:47
Core Viewpoint - Rosen Law Firm is reminding sellers of Endeavor Group Holdings, Inc. Class A common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and omissions during a specified period [1][5]. Group 1: Class Action Details - The class action lawsuit seeks to recover damages for investors who sold Endeavor Class A common stock between January 15, 2025, and March 24, 2025, due to allegedly false and misleading statements in the Information Statement filed with the SEC [5]. - Investors who sold shares during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must file a motion with the Court by March 18, 2026, to represent other class members in the litigation [3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - The founding partner, Laurence Rosen, was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise in this area [4].
EDR SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Reminds Endeavor Group (EDR) Investors of Securities Class Action Deadline on March 18, 2026
Globenewswire· 2026-03-03 14:18
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Endeavor Group Holdings, Inc. due to allegations of violations of federal securities laws, including misleading statements regarding the company's financial health and executive earnings [4][6]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses in Endeavor between November 6, 2024, and January 23, 2026, to discuss their legal rights [1]. - A federal securities class action has been filed against Endeavor, with a deadline of March 18, 2026, for investors to seek the role of lead plaintiff [4]. - The complaint alleges that Endeavor and its executives made false statements and failed to disclose critical information regarding the company's financial status and conflicts of interest [6]. Group 2: Financial Performance and Impact - On February 27, 2025, Endeavor announced that its portfolio had significantly weakened, with the number of portfolio companies on non-accrual status more than doubling, leading to a 289% increase in debt investments on non-accrual status [7]. - The company's net asset value (NAV) fell by 22.44% year over year to $9.23 per share, with total losses reaching $194.9 million, a 186% increase year over year [7]. - Following the announcement, Endeavor's stock price dropped by $0.90, or 9.64%, to close at $8.44 per share [7]. Group 3: Subsequent Financial Disclosures - On January 23, 2026, BlackRock TCP disclosed that Endeavor's NAV per share was actually between $7.05 and $7.09, which is 19% lower than the previous quarter and 23.4% lower than the previous year [8]. - This revelation led to a further decline in BlackRock TCP's stock price by $0.76, or 12.97%, closing at $5.10 per share on January 26, 2026 [9].
Endeavour Silver Announces Board and Management Updates
Globenewswire· 2026-03-02 11:50
Core Viewpoint - Endeavour Silver Corp. announces significant changes in its Board of Directors and senior management team, marking a new phase of growth and execution as it aims to become a senior silver producer [1][12]. Management Changes - George Paspalas has been appointed to the Board of Directors, effective March 1, 2026, bringing over 40 years of international leadership experience in the mining sector, including his role as President and CEO of MAG Silver Corp. [2][4] - Don Gray, the current Chief Operating Officer, will retire on April 30, 2026, after playing a crucial role in transforming the Terronera project and shaping the company's operational success [5][8]. - Luis Castro has been appointed as the new Chief Operating Officer, effective March 1, 2026, having over 22 years of experience with Endeavour and a strong background in exploration and geology [7][9]. - Gord Bussieres has been appointed as Vice President, Projects, bringing more than 40 years of experience in project development and technical oversight [10][12]. Company Operations and Strategy - Endeavour Silver operates three underground mines in Mexico and Peru, supported by a robust development pipeline aimed at advancing its long-term strategy [1][12]. - The company is focused on building momentum and driving strategic priorities forward under the new leadership, particularly with the development of the Pitarrilla project [9][12].
ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Encourages Endeavor Group Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - EDR
Globenewswire· 2026-02-27 22:28
Core Viewpoint - Rosen Law Firm is reminding sellers of Endeavor Group Holdings, Inc. Class A common stock about a class action lawsuit and the upcoming lead plaintiff deadline on March 18, 2026 [1]. Group 1: Class Action Details - Investors who sold Endeavor Class A common stock between January 15, 2025, and March 24, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by March 18, 2026 [3]. - The lawsuit seeks to recover damages for investors due to allegedly false and misleading statements in the January 15, 2025 Information Statement and related SEC filings [5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019 and has been ranked highly for its performance in securities class action settlements [4].
Endeavour Silver Announces Q4 2025 Financial Results; Earnings Call at 10AM PST (1PM EST) Today
Globenewswire· 2026-02-27 11:50
Core Insights - Endeavour Silver Corp. experienced a transformative year in 2025, marked by significant production growth, record revenues, and strategic milestones that enhance its asset portfolio and position for sustained growth [2] Financial Performance - In 2025, the company produced 6,486,661 ounces of silver and 37,164 ounces of gold, with total silver equivalent production reaching 11.2 million ounces, a 48% increase from 2024 [6][22] - Revenue for 2025 totaled $467.5 million, a 115% increase compared to 2024, driven by higher metal prices and a 36% increase in silver ounces sold [6][22] - Mine operating cash flow before taxes was $156.3 million, significantly up from $72.3 million in 2024 [6][22] - The company reported a net loss of $119.1 million for the year, compared to a net loss of $31.5 million in 2024 [24] Production and Costs - Direct operating costs per tonne increased to $152.79, an 8% rise from 2024, primarily due to the addition of the Terronera mine [19][22] - Consolidated cash costs per silver ounce increased by 34% to $17.34, driven by higher operating costs and lower by-product sales from Bolañitos [20][22] - All-in sustaining costs per silver ounce rose by 32% to $31.52, influenced by higher capital expenditures and corporate costs [21][22] Strategic Developments - The company successfully commissioned the Terronera mine and completed the acquisition of Minera Kolpa, enhancing its asset portfolio [2][6] - A definitive agreement was made to sell the Bolañitos mine for $30 million in cash and shares, with contingent consideration based on production milestones [6][22] - The company closed a $350 million convertible notes offering to repay debt and fund further development, particularly at the Pitarrilla project [6][22] Operational Highlights - Terronera commenced commercial production on October 1, 2025, processing 154,180 tonnes in Q4 2025 [6][22] - The company processed a total of 1,464,590 tonnes in 2025, significantly higher than the 781,439 tonnes processed in 2024 [18][22] - The realized silver price for 2025 was $40.73 per ounce, a 49% increase from the previous year, while the realized gold price was $3,591 per ounce, up 50% [22]
Endeavour Silver Announces Q4 2025 Financial Results; Earnings Call at 10AM PST (1PM EST) Today
Globenewswire· 2026-02-27 11:50
Core Insights - Endeavour Silver Corp. experienced a transformative year in 2025, marked by significant production growth, record revenues, and strategic milestones that enhance its asset portfolio and position for sustained growth [2] Full Year 2025 Highlights - Silver production reached 6,486,661 ounces, a 45% increase from 2024, while gold production was 37,164 ounces, a slight decrease of 5% [4][6] - Total silver equivalent production was 11.2 million ounces, reflecting a 48% increase over 2024, driven by the new Terronera mine and the acquired Kolpa mine [6] - Revenue for 2025 totaled $467.5 million, a 115% increase compared to 2024, attributed to higher metal prices and a 36% increase in silver ounces sold [6][22] - The company reported a mine operating cash flow of $156.3 million, significantly up from $72.3 million in 2024 [6][22] Operating & Financial Overview - The company had a solid cash position of $215.4 million as of December 31, 2025 [6] - Commercial production at the Terronera mine began on October 1, 2025, with 352,002 ounces of silver and 8,148 ounces of gold produced in Q4 2025 [6] - The acquisition of Minera Kolpa was completed on May 1, 2025, funded by a $50 million equity financing [6] - A definitive agreement was made to sell the Bolañitos mine for $30 million in cash and $10 million in shares, with potential contingent payments [6] Q4 2025 Results - In Q4 2025, throughput was 551,010 tonnes, significantly higher than 165,591 tonnes in Q4 2024, due to contributions from Terronera and Kolpa [9][18] - The realized silver price was $54.83 per ounce, a 74% increase from Q4 2024, while the realized gold price was $4,283 per ounce, a 62% increase [15] - The company generated operating earnings of $34.6 million in Q4 2025, compared to an operating loss of $0.5 million in Q4 2024 [16] Year-End Financial Performance - For the year ended December 31, 2025, the company reported a net loss of $119.1 million, compared to a net loss of $31.5 million in 2024 [24] - The loss before tax was $104.9 million, significantly higher than the previous year's loss of $22.0 million, primarily due to finance costs and losses on derivative contracts [24] - The company incurred exploration and evaluation costs of $23.4 million, up from $19.4 million in 2024, reflecting increased activities at Pitarrilla and Kolpa [23]
eDreams ODIGEO Grows Net Income Tenfold to €40.3 Million as Prime Reaches 7.8 Million Members
Businesswire· 2026-02-26 07:53
Core Insights - eDreams ODIGEO reported a tenfold increase in net income to €40.3 million, with adjusted net income rising to €63.8 million, up from €14.5 million [1] - The company’s adjusted EBITDA surged by 74% to €138.4 million, indicating strong operational health and efficiency of its subscription model [1] - Prime membership grew by 13% year-on-year, reaching 7.8 million members as of January 2026, up from 6.8 million [1] Financial Performance - Net income increased from €4.1 million last year to €40.3 million [1] - Adjusted net income rose from €14.5 million to €63.8 million [1] - Adjusted EBITDA grew by 74% to €138.4 million from €79.7 million [1] - Net cash from operating activities increased by €31.1 million to €79.1 million [1] Subscriber Growth - The subscriber base increased by 13%, adding 468,000 new members in the first nine months [1] - The company is on track to meet its full-year guidance of 600,000 new members [1] Revenue Quality - Revenue margin grew by 3% to €502.8 million [1] - Prime-related revenue now accounts for 75% of the total Cash Revenue Margin, an increase of 8 percentage points from the previous year [1] Strategic Outlook - eDreams ODIGEO is in a high-conviction investment phase aimed at accelerating growth through fiscal year 2030 [1] - The strategy includes investments in new product segments, expansion into international markets, and flexible payment options [1] - The company targets over 13 million Prime members and more than €270 million in Cash EBITDA by FY30 [1] Shareholder Commitment - The company is committed to a €100 million share buyback over the next two years, having repurchased €23 million in 3Q FY26 [1] - As of February 3, 12 million shares (9.4% of share capital) were cancelled [1] Customer Satisfaction - eDreams Prime member satisfaction reached an all-time high, with a Net Promoter Score (NPS) of 61 in Italy [2]
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Endeavor Group Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - EDR
TMX Newsfile· 2026-02-25 22:20
Core Viewpoint - Rosen Law Firm is reminding sellers of Endeavor Group Holdings, Inc. Class A common stock of a lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and omissions during a specified class period [1][5]. Group 1: Class Action Details - The class period for the lawsuit is defined as between January 15, 2025, and March 24, 2025 [1]. - Investors who sold Endeavor Class A common stock during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 18, 2026 [3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements [4]. Group 3: Case Allegations - The lawsuit seeks to recover damages for investors due to allegedly false and misleading statements in the January 15, 2025 Information Statement filed with the SEC [5]. - The complaint alleges that the Information Statement misled investors regarding the true value of Endeavor's shares and failed to disclose executive earnings and conflicts of interest related to the merger [5].
EDR CLASS ACTION REMINDER: Faruqi & Faruqi, LLP Reminds Endeavor Group (EDR) Investors of Securities Class Action Deadline on March 18, 2026
Globenewswire· 2026-02-25 21:21
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Endeavor Group Holdings, Inc. related to alleged violations of federal securities laws, urging affected investors to participate in a class action lawsuit [4][6]. Group 1: Legal Investigation and Class Action - The law firm is encouraging investors who sold Endeavor Class A common stock between January 15, 2025, and March 24, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against Endeavor, with a deadline of March 18, 2026, for investors to seek the role of lead plaintiff [4]. - The complaint alleges that Endeavor and its executives made false and misleading statements and failed to disclose critical information regarding the company's share value and executive earnings [6]. Group 2: Firm Background and Contact Information - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its establishment in 1995, with offices in New York, Pennsylvania, California, and Georgia [5]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Endeavor's conduct [8]. - Interested parties can learn more about the class action by visiting the firm's website or contacting partner Josh Wilson directly [9].
ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Endeavor Group Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - EDR
Globenewswire· 2026-02-24 21:08
Core Viewpoint - Rosen Law Firm is reminding sellers of Endeavor Group Holdings, Inc. Class A common stock about a lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and omissions during a specified class period [1][5]. Group 1: Class Action Details - The class action lawsuit seeks to recover damages for investors who sold Endeavor Class A common stock between January 15, 2025, and March 24, 2025, due to allegedly false and misleading statements in the Information Statement filed with the SEC [5]. - Investors who sold shares during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must be appointed by March 18, 2026, to represent other class members in directing the litigation [3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, including a notable settlement against a Chinese company and ranking highly in securities class action settlements since 2013 [4]. Group 3: Allegations Against Endeavor - The lawsuit alleges that Endeavor's Information Statement misled investors regarding the true value of its shares and failed to adequately disclose executive earnings and conflicts of interest related to the merger [5].