The Eastern pany(EML)
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Mama's Creations to Host Second Quarter Fiscal 2026 Earnings Call on September 8 at 4:30 p.m. Eastern Time
GlobeNewswire News Room· 2025-08-25 12:31
Core Insights - Mama's Creations, Inc. is set to release its financial results for the fiscal second quarter ended July 31, 2025, on September 8, 2025, after market close [1] - The company aims to grow its market share significantly, targeting a $1 billion deli prepared foods platform by 2030 [4] Financial Results Announcement - Financial results for Q2 FY2026 will be discussed in an investor conference call scheduled for September 8, 2025, at 4:30 p.m. Eastern time [2] - Participants can join the call using specific dial-in numbers and a conference ID [2] Business Strategy and Market Position - The company is focused on profitable growth through new products, distribution channels, and macroeconomic trends, particularly in the prepared protein segment [3] - Mama's Creations has established a robust platform and team to enhance its market share and capitalize on strategic distribution wins [4] Company Overview - Mama's Creations, Inc. is a prominent marketer and manufacturer of fresh deli prepared foods, available in over 10,000 retail locations across the U.S. [5] - The company aims to be a one-stop-shop for deli solutions, leveraging vertical integration and a diverse brand portfolio to meet modern consumer demands [5]
Eastern Bankshares: Shares Look Cheap On Upcoming M&A
Seeking Alpha· 2025-08-20 14:03
Core Viewpoint - Eastern Bankshares, Inc. (NASDAQ: EBC) has experienced mixed performance in recent months, despite a broader market rally that has positively impacted its share price [1]. Company Performance - The shares of Eastern Bankshares have been lifted by the broader market rally, indicating a potential for growth [1]. Investment Strategy - The investment approach favored is a long-term, buy-and-hold strategy, particularly focusing on stocks that can consistently deliver high-quality earnings, often found in the dividend and income sectors [1].
Onyx Gold Launches 2025 Exploration Program at King Tut in Yukon's Eastern Tombstone Belt
Newsfile· 2025-08-12 11:00
Core Viewpoint - Onyx Gold Corp. has launched its 2025 exploration program at the King Tut Property in Yukon's eastern Tombstone Gold Belt, focusing on advancing the Ra intrusion vein field discovery to refine future drill targets [1][4]. Exploration Program Details - The 2025 program will systematically evaluate the Ra target through detailed mapping and extensive channel and grab sampling to identify the most prospective zones for future drilling [2][12]. - The Ra intrusion, previously explored in 1996, features widespread gold-bearing quartz veins within a 3 x 2 km granitic body [5][8]. - An initial reconnaissance program in 2024 confirmed extensive sheeted vein fields at Ra, with a standout grab sample returning 25.1 g/t Au [4][9]. Recent Developments - On August 5, 2025, the company received approval for surface exploration and up to 5,000 meters of diamond drilling from 10 sites across King Tut [5]. - The 2025 field program commenced on August 9, 2025, and will be conducted over a 21-day period [5][12]. - The Ra target is located within a promising geological setting, comparable to Snowline Gold's Valley deposit, which is only 50 km away [6]. Historical Context and Future Plans - Previous fieldwork identified two large-scale gold-in-soil anomalies, Golden Mask and Main Tut, associated with separate intrusion-related gold systems [7]. - The company plans to continue its exploration efforts in both Yukon and Ontario simultaneously for the first time in its history [4][5]. - The Ra target has shown promising results, with prior drilling intersecting 1.0 g/t Au over 21 meters and surface grab samples up to 20.1 g/t Au [8][9]. Munro-Croesus Gold Property Update - The company has completed 40 drill holes totaling approximately 12,000 meters at the Munro-Croesus property in Ontario, focusing on extending known gold mineralization [13]. - A 150% increase in the drill program size from 10,000 to 25,000 meters has been approved based on strong results [14]. - The company is also launching a bedrock excavation program to expose the surface projection of gold mineralization at Munro-Croesus [15]. Acquisition and Financial Details - The TSX Venture Exchange has approved the mineral property purchase agreement for the Munro property, allowing the company to acquire a 100% interest through staged cash payments totaling $300,000 [16]. - A one-time bonus cash payment of $500,000 will be made if a mineral resource exceeding 500,000 ounces of gold is defined on the Munro Property within five years [16].
Eastern's Q2 Earnings Slip Y/Y on Lower Sales, Higher Costs
ZACKS· 2025-08-11 19:15
Core Insights - The Eastern Company reported a decline in adjusted net income and net sales for the second quarter of 2025, reflecting challenges in the truck mirror assembly market and overall industry demand [1][2][7] Financial Performance - Adjusted net income for Q2 2025 was $0.57 per share, down from $0.65 per share in the previous year [1] - Net sales decreased to $70.2 million, a 3% decline from $72.6 million year-over-year [2] - Net income from continuing operations fell to $2 million from $4.1 million a year earlier [2] - Adjusted EBITDA from continuing operations dropped to $6.7 million from $8 million in the prior-year quarter [4] Margin and Cost Analysis - Gross margin narrowed to 23.3% from 25.4%, primarily due to increased raw material costs associated with in-house sourcing for a mirror project [3] - Selling, general and administrative expenses rose 9.4% to $12.2 million, influenced by restructuring charges [4] Operational Developments - The company experienced a 19% drop in backlog to $87.1 million, driven by decreased orders in specific product lines [4] - Management highlighted operational progress, including SG&A reductions and efficiency gains, despite macroeconomic headwinds [5] Strategic Initiatives - The company completed the sale of Big 3 Mold's ISBM business unit and integrated remaining operations [8] - Share repurchases totaled 31,000 shares in the quarter, with a year-to-date total of 82,000 shares, alongside a net debt reduction of $4 million in Q2 [6]
Delivra Health Brands to launch sleep gummies in Middle Eastern markets
Proactiveinvestors NA· 2025-08-08 12:30
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
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
Core Viewpoint - Birchtech Corp. is set to release its financial results for the second quarter of 2025 on August 14, 2025, after market close, indicating ongoing transparency and communication with investors [1]. Financial Results Announcement - The financial results for the second quarter ended June 30, 2025, will be announced after market close on August 14, 2025 [1]. - An investor conference call is scheduled for the same day at 5:00 p.m. Eastern time to discuss the results and provide a corporate update [2]. Conference Call Details - Participants can join the conference call by dialing 1-877-407-0792 for U.S./Canada or 1-201-689-8263 for international calls, using Conference ID: 13755018 [2]. - It is recommended to dial in at least 10 minutes before the call starts to ensure timely participation [2]. Playback and Webcast Information - A telephone playback of the call will be available until September 4, 2025, with specific numbers provided for U.S./Canada and international listeners [3]. - A webcast replay will be accessible for one year using the provided link [3]. Company Overview - Birchtech Corp. specializes in activated carbon technologies aimed at sustainable air and water treatment, positioning itself as a leader in clean coal and clean water solutions [4]. - The company offers patented SEA® sorbent technologies for capturing mercury emissions in the coal-fired utility sector and is developing innovative water purification technologies targeting forever chemicals like PFAS and PFOS [4]. - Birchtech is supported by a robust intellectual property portfolio and a team of experts in activated carbon, contributing to cleaner air and novel water purification methods [4].
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]
Eastern (EML) Fiscal Q2 Revenue Rises
The Motley Fool· 2025-08-06 06:43
Core Insights - Eastern reported Q2 FY2025 results that exceeded analyst expectations for adjusted EPS and revenue, with adjusted EPS at $0.57 and GAAP revenue at $70.2 million, despite both metrics declining year-over-year [1][2] Financial Performance - Adjusted EPS from continuing operations was $0.57, beating the estimate of $0.54, but down 12.3% from $0.65 in Q2 FY2024 [2] - GAAP revenue was $70.2 million, surpassing the estimate of $68.87 million, but down 3.3% from $72.6 million in the same quarter last year [2] - Gross margin decreased to 23.3%, down 2.1 percentage points from 25.4% in Q2 FY2024 [2][6] - Adjusted EBITDA was $6.7 million, a decline of 16.3% from $8.0 million in Q2 FY2024 [2] - Net income from continuing operations fell to $2.0 million, down 50.2% from $4.1 million in the prior year [2][7] Operational Highlights - The company faced lower sales in key segments, with a 3% decrease in net sales compared to Q2 FY2024, primarily due to weak demand for heavy-duty truck mirror assemblies [5] - Eberhard's latch and lock hardware products saw increased sales due to contracts with the USPS for new vehicle fleet security hardware [5][9] - Velvac continued to struggle with weak production volumes impacting sales, but is focusing on expanding into aftermarket channels and vertical integration [10] - Big 3 Precision completed its restructuring and aims to streamline operations and lower costs by consolidating production [11] Strategic Initiatives - Eastern is reshaping its business portfolio by divesting lower-margin businesses and making targeted acquisitions in high-growth areas [4] - Management is implementing efficiency initiatives and cost management strategies to offset competitive pricing pressures and cyclical market swings [4][13] - The company anticipates approximately $4 million in annual cash cost savings starting in 2026 from ongoing restructuring efforts [7][13] Outlook - The company did not provide full-year financial guidance for FY2025 but emphasized a disciplined approach to capital allocation and targeted acquisitions [13] - Near-term caution is advised due to demand risks in core markets and elevated raw material costs [13][14]
BioHarvest Sciences to Host Second Quarter 2025 Earnings Call on August 11 at 8:00 a.m. Eastern Time
Newsfile· 2025-08-04 12:30
BioHarvest Sciences to Host Second Quarter 2025 Earnings Call on August 11 at 8:00 a.m. Eastern Time August 04, 2025 8:30 AM EDT | Source: BioHarvest Sciences Inc. Rehovot, Israel--(Newsfile Corp. - August 4, 2025) - BioHarvest Sciences Inc. (NASDAQ: BHST) (FSE: 8MV0) ("BioHarvest" or the "Company"), a company pioneering its patented Botanical Synthesis technology platform, today announced that it will release financial results for the second quarter ended June 30, 2025 before market open on Monday, August ...