The Eastern pany(EML)

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Eastern's Q2 Earnings Slip Y/Y on Lower Sales, Higher Costs
ZACKS· 2025-08-11 19:15
Shares of The Eastern Company (EML) have gained 0.9% since the company reported its earnings for the quarter ended June 28, 2025. This compares to the S&P 500 index’s 1% growth over the same time frame. Over the past month, the stock moved -6.3% versus the S&P 500’s 2.3% change.Eastern posted second-quarter 2025 adjusted net income of 57 cents per share, compared with 65 cents per share last year. The company’s net sales of $70.2 million, down 3% from $72.6 million in the year-ago period, were largely due t ...
Delivra Health Brands to launch sleep gummies in Middle Eastern markets
Proactiveinvestors NA· 2025-08-08 12:30
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Banzai to Host Second Quarter 2025 Financial Results Conference Call on Thursday, August 14, 2025 at 4:30 p.m. Eastern Time
GlobeNewswire News Room· 2025-08-07 12:31
Core Viewpoint - Banzai International, Inc. will hold a conference call on August 14, 2025, to discuss its Q2 financial results and ongoing initiatives for 2025 [1][2]. Company Overview - Banzai is a marketing technology company that offers AI-enabled marketing and sales solutions for businesses of all sizes [3]. - The company aims to help customers grow by enabling effective targeting, engagement, and measurement of both new and existing customers [3]. - Banzai has over 90,000 customers, including notable companies such as RBC, Dell Technologies, and New York Life [3]. Conference Call Details - The conference call will be hosted by Founder & CEO Joe Davy and CFO Dean Ditto, followed by a Q&A session [2]. - The call is scheduled for August 14, 2025, at 4:30 p.m. Eastern Time, with a webcast available for viewing [2]. - A replay of the webcast and the presentation will be accessible in the investor relations section of the company's website [2].
Birchtech Corp. to Host Second Quarter 2025 Earnings Call on August 14 at 5:00 p.m. Eastern Time
GlobeNewswire News Room· 2025-08-07 12:31
CORSICANA, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT) ("Birchtech" or the "Company"), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced that it will release financial results for the second quarter ended June 30, 2025, after market close on Thursday, August 14, 2025. Management will host an investor conference call at 5:00 p.m. Eastern time on Thursday, August 14, 2025, to discuss Birchtech's second quarter 20 ...
The Eastern pany(EML) - 2025 Q2 - Earnings Call Transcript
2025-08-06 14:00
Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $70.2 million, down 3% from $72.6 million in Q2 2024 [5][10] - Adjusted earnings per share was $0.56, similar to Q2 2024 results [5] - Net income from continuing operations was $2 million or $0.33 per diluted share, compared to $4.1 million or $0.65 per diluted share in Q2 2024 [12] - Gross margin as a percentage of net sales decreased to 23.3% from 25.4% in the prior year [10][11] - Senior net leverage ratio increased to 1.32 from 1.23 in the previous year [13] Business Line Data and Key Metrics Changes - Eberhard is ramping up participation in the new USPS delivery vehicle program, indicating a strategic focus on custom-engineered solutions [6] - The backlog as of June 28, 2025, decreased by $20 million or 19% to $87.1 million, driven by decreased orders for returnable transport packaging and latch and handle assemblies [10] Market Data and Key Metrics Changes - The heavy truck and automotive markets are currently challenging, with reduced model changes expected to increase in the future [15] - The Class eight truck fleet age has increased significantly, which may lead to increased demand as maintenance costs rise [15][16] Company Strategy and Development Direction - The company is focused on margin protection and has built flexible and resilient supply chains [17] - There is an intention to be active but disciplined in M&A opportunities due to the challenging environment [17] - A share buyback program was completed with 400,000 shares purchased, including 82,000 shares in the quarter [7][13] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the impact of the business environment on top-line performance but expects recovery in the coming months [16] - The leadership team is in place with a strategic refresh across businesses, positioning the company for future success [20] Other Important Information - The company undertook salaried headcount reductions impacting over 60 jobs, resulting in annual savings of $4 million [6] - Capital expenditures for the quarter were $800,000, and dividends paid were $700,000 [13] Q&A Session Summary - There were no questions from participants during the Q&A session [19]
Galloper Gold Awarded Glover Island EML
Newsfile· 2025-07-31 17:45
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - Galloper Gold Corp. (CSE: BOOM) (OTC Pink: GGDCF) (the "Company" or "Galloper") is pleased to announce that the Government of Newfoundland and Labrador has awarded the Exempt Mineral Lands (EML) Mineral Licence containing the historic Lunch Pond South Extension ("LPSE") Resource on Glover Island to Galloper Gold Corp. The company has been awarded the EML through the RFP process that began in November 2024. The property covers an area of 1,926 ...
Eastern Bankshares: Growing Through Acquisitions, Attractive Value
Seeking Alpha· 2025-07-25 21:32
Group 1 - The core focus of Quad 7 Capital is to provide investment opportunities through a team of 7 analysts with diverse expertise, emphasizing both long and short trades [1] - The company has a notable track record, including a significant call in February 2020 to sell everything and go short, maintaining an average position of 95% long and 5% short since May 2020 [1] - BAD BEAT Investing aims to educate investors on trading proficiency, offering in-depth research with clear entry and exit targets to save time for investors [1] Group 2 - Benefits of BAD BEAT Investing include understanding market dynamics, receiving well-researched trade ideas weekly, and access to multiple chat rooms for discussions [2] - Members receive daily summaries of key analyst upgrades and downgrades, along with learning opportunities in basic options trading and access to extensive trading tools [2]
Fortuna to release second quarter 2025 financial results on August 6, 2025; Conference call at 12 p.m. Eastern time on August 7, 2025
GlobeNewswire News Room· 2025-07-24 09:00
Conference call details: VANCOUVER, British Columbia, July 24, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) announces that it will release its financial statements and MD&A for the second quarter of 2025 on Wednesday, August 6, 2025, after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, August 7, 2025, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D ...
eHealth, Inc. to Hold Second Quarter 2025 Earnings Call on August 6 at 8:30 a.m. Eastern Time
Prnewswire· 2025-07-23 20:12
Core Viewpoint - eHealth, Inc. is set to release its second quarter 2025 financial results on August 6, 2025, and will host an earnings conference call to discuss these results [1] Financial Results Announcement - The financial results for the second quarter of 2025 will be announced on August 6, 2025 [1] - An earnings conference call will take place at 8:30 a.m. Eastern Time on the same day, hosted by CEO Fran Soistman and CFO John Dolan [1] Conference Call Details - Interested individuals can listen to the conference call by dialing (800) 549-8228 with the participant passcode 61513 [2] - A live webcast of the earnings call will be available on the Investor Relations page of the company's website, with a replay accessible two hours after the call and archived for one year [3] - Participants are advised to join the call or sign on at least 15 minutes in advance [3] Company Overview - eHealth, Inc. has been operating for over 25 years, assisting millions of Americans in finding suitable healthcare coverage at affordable prices [4] - The company is a leading independent licensed insurance agency, providing access to over 180 health insurers, including both national and regional companies [4]
Mercantile Bank Corporation Announces Robust Second Quarter 2025 Results and Partnership with Eastern Michigan Financial Corporation
Prnewswire· 2025-07-22 09:10
Core Insights - Mercantile Bank Corporation reported a net income of $22.6 million, or $1.39 per diluted share, for Q2 2025, an increase from $18.8 million, or $1.17 per diluted share, in Q2 2024 [1][2] - The bank's total assets reached $6.18 billion as of June 30, 2025, reflecting a growth of $129 million from December 31, 2024 [12] - The partnership with Eastern Michigan Financial Corporation is expected to enhance Mercantile's position as the largest bank headquartered in Michigan and support strategic goals [25] Financial Performance - Net revenue for Q2 2025 was $60.9 million, up 7.4% from $56.7 million in Q2 2024 [3] - Net interest income increased to $49.5 million, a rise of 5.1% from $47.1 million in the same quarter last year [3][4] - Noninterest income grew to $11.5 million, an increase of 18.4% from $9.7 million in Q2 2024, driven by higher mortgage banking income and other service fees [7][8] Asset Quality - Nonperforming assets totaled $9.7 million, or 0.2% of total assets, as of June 30, 2025, compared to $5.7 million, or less than 0.1%, at the end of 2024 [18][19] - The bank recorded provisions for credit losses of $1.6 million in Q2 2025, down from $3.5 million in Q2 2024, indicating improved asset quality [6][19] Capital Position - Shareholders' equity increased to $632 million as of June 30, 2025, up $47 million from December 31, 2024 [20] - The bank maintained a total risk-based capital ratio of 13.9%, categorizing it as "well-capitalized" [20][21] Loan and Deposit Trends - Total loans increased by $97.2 million, or an annualized 4.3%, during the first half of 2025, primarily due to growth in commercial loans [12] - Total deposits were $4.71 billion as of June 30, 2025, with local deposits down slightly but offset by an increase in brokered deposits [16] Strategic Initiatives - The bank aims to lower its loan-to-deposit ratio through local deposit generation and has seen success in expanding existing deposit relationships [2][17] - The partnership with Eastern Michigan Financial Corporation is expected to provide substantial excess liquidity and enhance Mercantile's operational footprint [25]