Beneficient Regains Compliance with Nasdaq Periodic Filing Requirement and Market Value of Listed Securities Requirement
Globenewswire· 2025-10-30 21:30
DALLAS, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Beneficient (NASDAQ: BENF) (the “Company”), a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, today announced that, by letter dated October 29, 2025, the Company was notified by The Nasdaq Stock Market, LLC (“Nasdaq”) that the Company had regained compliance with (i) the Nasdaq periodic reporting requiremen ...
Gran Tierra Energy Inc. Reports Third Quarter 2025 Results and Announces Further Exploration Success in Ecuador
Globenewswire· 2025-10-30 21:20
Core Insights - Gran Tierra Energy Inc. reported financial and operational results for Q3 2025, highlighting continued operational success and exploration achievements in Ecuador and Colombia [1][2][4] Production and Operations - Total average working interest production was 42,685 barrels of oil equivalent per day (boepd), a 30% increase compared to Q3 2024 [10] - Current production is approximately 45,200 boepd, with an expected exit rate of 47,000 to 50,000 boepd [4][14] - Production was temporarily impacted by a landslide in Ecuador and trunk line repairs at the Moqueta field, leading to deferred production rather than lost production [4][12] Exploration Success - In Ecuador, the Conejo A-1 and A-2 wells achieved significant exploration success, with Conejo A-1 producing at stabilized rates of 1,328 barrels of oil per day (bopd) [7][11] - The Chanangue-1 well re-entered and tested previously bypassed formations, currently producing approximately 600 bopd [11] - In Colombia, the Cohembi field reached production levels not seen in over a decade, with output increasing by approximately 135% [3][11] Financial Performance - Gran Tierra incurred a net loss of $20 million in Q3 2025, compared to a net loss of $13 million in the prior quarter [14][16] - Adjusted EBITDA was $69 million, down from $77 million in the prior quarter [14][16] - Capital expenditures were $57 million during the quarter, primarily focused on exploration drilling and infrastructure [14][16] Capital Structure and Liquidity - The company secured a $200 million prepayment facility and increased its Canadian credit facility from C$50 million to C$75 million [6][9] - As of September 30, 2025, Gran Tierra had a cash balance of $49 million and total debt of $804 million [14][16] Operational Metrics - Operating netback was $18.89 per boe, down 12% from the prior quarter, primarily due to increased operating expenses [14][15] - Gross profit decreased 70% to $14.7 million compared to $48.8 million in Q3 2024 [14][16] - Total operating expenses increased by 22% to $68 million, attributed to higher workover activities and lifting costs [14][16]
Knight Therapeutics Announces Launch of JORNAY PM™ in Canada
Globenewswire· 2025-10-30 21:15
MONTREAL, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Knight Therapeutics Inc. (TSX: GUD) ("Knight"), a pan-American (ex-USA) specialty pharmaceutical company, announced today the launch of JORNAY PM™ (methylphenidate HCI extended-release capsules) in Canada. JORNAY PM™ is an extended-release formulation of methylphenidate, a stimulant medication for the treatment of Attention-Deficit Hyperactivity Disorder (ADHD) in children 6-12 years of age.1 “Effective ADHD management begins with helping children transition smoot ...
Koss Corporation Reports First Quarter Results
Globenewswire· 2025-10-30 21:15
Core Insights - Koss Corporation reported a significant increase in net sales and a turnaround in net income for the first quarter ended September 30, 2025, with net sales reaching $4,070,778, a 27.1% increase from $3,201,868 in the same period last year, and net income of $243,729 compared to a net loss of $419,535 in the prior year [2][3]. Financial Performance - Net sales for the quarter were $4,070,778, up by $868,910 or 27.1% from the previous year [2]. - The company achieved a net income of $243,729, contrasting with a net loss of $419,535 in the first quarter of the prior fiscal year [2]. - Basic and diluted net income per share were both $0.03, compared to a loss of $0.05 per share in the same quarter last year [2]. Sales Growth Drivers - A significant sale to the largest Education market customer and a 22.5% growth in direct-to-consumer (DTC) sales contributed to the sales success [3]. - Sales to European markets declined year-over-year, primarily due to distributors delaying re-orders, while Asian market sales remained strong [3]. - DTC sales benefited from new product launches and new colorways introduced in the previous fiscal year [3]. Margin Improvement - Gross margins improved by 340 basis points, increasing from 36.6% to 40.0% compared to the same period last year, driven by a favorable customer and market mix [3]. - The company faced challenges with gross margins due to high tariffs on China-produced goods but managed to offset some impacts through better absorption of fixed manufacturing costs and reduced reserves for excess inventory [4]. Leadership Changes - Michael J. Koss, Jr. was promoted to Executive Vice President, recognizing his contributions to product development and growth in the DTC segment [5].
Nyxoah to Release Third Quarter 2025 Financial Results on November 13, 2025
Globenewswire· 2025-10-30 21:10
Core Points - Nyxoah will release its financial results for the third quarter of 2025 on November 13, 2025, followed by a conference call to discuss these results [1][2][3] Company Overview - Nyxoah is a medical technology company focused on developing innovative solutions for Obstructive Sleep Apnea (OSA) through neuromodulation [4] - The company's lead product is the Genio system, which is a leadless and battery-free hypoglossal neurostimulation therapy for OSA, a condition linked to increased mortality risk and cardiovascular issues [4] Recent Developments - The Genio system received its European CE Mark in 2019 after the successful completion of the BLAST OSA study [5] - Nyxoah has completed two IPOs, one on Euronext Brussels in September 2020 and another on NASDAQ in July 2021 [5] - Following positive outcomes from the BETTER SLEEP study, the company expanded its therapeutic indications to include Complete Concentric Collapse (CCC) patients, which are currently contraindicated in competitors' therapies [5] - The company also announced positive results from the DREAM IDE pivotal study and received U.S. FDA approval for a Premarket Approval application in August 2025 [5]
Matador Engages Team Dyno Limited for Investor Relations Services
Globenewswire· 2025-10-30 21:00
TORONTO, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. ("Matador" or the "Company") (TSXV: MATA, OTCQB: MATAF, FSE: IU3), the Bitcoin Ecosystem Company, announces that it has entered into a consulting agreement with Team Dyno Limited ("Dyno") dated effective October 29, 2025 (the "Agreement"), to provide investor relations services to the Company. Dyno will assist the Company in investor relations and business development strategy. The agreement is for a term of six (6) months, commencing on O ...
MEDIROM MOTHER Labs Inc. Receives Capital Investment from Internal Investors
Globenewswire· 2025-10-30 21:00
Completion of Private Placement of New Shares as Part of Series A Round Valued at ¥9 BillionTOKYO, Oct. 30, 2025 (GLOBE NEWSWIRE) -- MEDIROM MOTHER Labs Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Yoshio Uekusa; hereinafter “MEDIROM MOTHER Labs”), a subsidiary of MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM), has completed a private placement of new shares to its President and CEO, Yoshio Uekusa, and Director, Ryo Saito. This transaction is part of the previously announced Series A ro ...
Parker to Announce Fiscal 2026 First Quarter Earnings on November 6; Conference Call and Webcast Scheduled for 11 a.m. Eastern
Globenewswire· 2025-10-30 21:00
CLEVELAND, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 first quarter earnings before the market opens on Thursday, November 6, 2025, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 first quarter results and respond to questions from institutional investors and security analysts. The conference call will be we ...
Swiss Water Conference Call Notification for 2025 Third Quarter Results
Globenewswire· 2025-10-30 21:00
VANCOUVER, British Columbia, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) ("Swiss Water" or "the Company"), a leading specialty coffee company and premium chemical free coffee decaffeinator, announced today that it will hold a conference call to discuss its financial results for the three and nine months ended September 30, 2025, on Friday, November 7, 2025, at 1:00 PM Pacific (4:00 pm Eastern). The call can be accessed by dialing, approximately five minutes before the ...
Intuitive Machines Secures $8.2 Million AFRL Contract Extension to Advance In-Space Nuclear Power Technology
Globenewswire· 2025-10-30 21:00
HOUSTON, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR), a leading space technology and infrastructure services company, today announced an $8.2 million contract extension from the U.S. Air Force Research Laboratory’s Space Vehicles Directorate (AFRL/RV) to develop next-generation nuclear power systems for spacecraft and lunar infrastructure. Intuitive Machines is using the funding to accelerate readiness of compact nuclear power conversion technology that overcomes solar power li ...