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Xiao-I Corporation Announces Strong 2024 Results: Revenue Up 19% with Path to Profitability in 2025
Prnewswire· 2025-05-15 16:10
Profitability Roadmap: Efficiency and DisciplineSHANGHAI, May 15, 2025 /PRNewswire/ -- Xiao-I Corporation ("Xiao-I" or the "Company") (NASDAQ: AIXI), a global leader in artificial intelligence solutions, today announced selected audited financial results for the year 2024, highlighting approximately $70.31 million in revenue, representing a 18.8% year-over-year growth, a gross profit margin (GPM) improvement of 2 percentage points, and a significant narrowing of net loss to $14.55 million. These results pos ...
AES Stock Loses 41% in a Year: Should You Buy on the Dip?
ZACKS· 2025-05-15 16:06
AES Corporation’s (AES) shares are down 41% in a year against 8.4% growth delivered by its industry and 5.8% rise by its sector. The stock also underperformed the Zacks S&P 500 composite’s one-year return of 11.2%.Image Source: Zacks Investment ResearchOther industry players, such as CenterPoint Energy (CNP) and Consolidated Edison (ED) , however, have delivered a solid performance on the bourses. CNP and ED shares have risen 22.8% and 2.4%, respectively, over the past year.With AES staggering on the bourse ...
Kodiak Q1 Loss Wider Than Expected, Pipeline Development in Focus
ZACKS· 2025-05-15 16:06
Kodiak Sciences (KOD) incurred a loss of $1.09 per share in the first quarter of 2025, wider than the Zacks Consensus Estimate of a loss of 89 cents. The company had incurred a loss of 82 cents per share in the year-ago quarter.The company currently does not have any approved products in its portfolio. As a result, it is yet to generate revenues. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)KOD's Q1 Results in DetailResearch and development expenses were $43.6 million in the repo ...
1st Source Makes KBW Bank Honor Roll for 7th Consecutive Year
Newsfile· 2025-05-15 16:03
1st Source Makes KBW Bank Honor Roll for 7th Consecutive YearAmong 16 U.S. banks with the strongest/most consistent earnings growthMay 15, 2025 12:03 PM EDT | Source: 1st Source CorporationSouth Bend, Indiana--(Newsfile Corp. - May 15, 2025) - 1st Source (NASDAQ: SRCE) is pleased to announce that it made the annual Bank Honor Roll by Keefe, Bruyette & Woods, Inc. (KBW) for the seventh consecutive year. They are among just 16 U.S. Banks on the list, placing its long-term performance among the t ...
Mosaic Biosciences Unveils Biostimulant Product Neptunion in China
ZACKS· 2025-05-15 16:01
The Mosaic Company (MOS) recently announced the launch of its newest biostimulant product, Neptunion, in China. MOS has been redefining growth with its new product launch that is expected to help crops address abiotic pressures such as drought, salinity and heat by adding stress-resistant properties into water-soluble fertilizers.MOS Biosciences’product line offers sustainable ag technology to provide farmers with solutions to improve yields while minimizing environmental impacts. Neptunion will play a cruc ...
Celanese Plans to Divest Micromax Business to Deleverage
ZACKS· 2025-05-15 16:01
Celanese Corporation (CE) recently announced its plans to divest its Micromax portfolio of products to accelerate its cash generation and deleveraging strategy, its current priority.With regular review of the assets, CE is exploring various opportunities for cash generation, including the divestiture of the Micromax portfolio. Micromax, being a leading supplier of advanced electronic inks and pastes, is expected to generate more than $300 million in revenues in 2025. Its products are known for durability, f ...
Mercury Insurance Details the Top Factors That Could Affect Your Car Insurance Rates
Prnewswire· 2025-05-15 16:00
Driving Record, Age and Vehicle Type Are Major Considerations LOS ANGELES, May 15, 2025 /PRNewswire/ -- Prices for just about everything are on the rise these days, and unfortunately, that includes car insurance. Now more than ever, consumers are looking for ways to lower their auto insurance premiums. However, in order to maximize these savings, it's important to first understand the different factors that insurance providers look at when setting their policyholder rates.   While there are a variety of fac ...
Former TransUnion CEO Bobby Mehta joins Inbenta as Strategic Advisor
GlobeNewswire News Room· 2025-05-15 16:00
DALLAS, May 15, 2025 (GLOBE NEWSWIRE) -- Inbenta, a global leader in AI-powered CX and EX solutions, today announced the appointment of Bobby Mehta as Strategic Advisor. Mehta, former CEO of TransUnion and current board member of several prominent companies, brings a wealth of experience in global business leadership and financial services to Inbenta's advisory team. "We are thrilled to welcome Bobby Mehta to Inbenta as a Strategic Advisor," says Melissa Solis, CEO of Inbenta. "Bobby's extensive experience ...
Real Estate Industry Insider Vija Williams Joins eXp Realty to Launch Transformational “UPGRADE” Community
GlobeNewswire News Room· 2025-05-15 16:00
BELLINGHAM, Wash., May 15, 2025 (GLOBE NEWSWIRE) -- Vija Williams, one of the most respected thought leaders and insiders in the real estate industry, is joining eXp Realty, marking a pivotal moment in her impressive 20+ year career. Currently the Head of Industry at PLACE and co-owner of Seattle-based Vija Real Estate, Williams is launching a bold new initiative at eXp: the UPGRADE community. “This is more than a move, it’s a mission,” said Williams. “I’m joining eXp Realty to build the UPGRADE community ...
Scott+Scott Attorneys at Law LLP Reminds Investors That It Has Begun Investigating Compass Diversified Holdings (NYSE: CODI)
GlobeNewswire News Room· 2025-05-15 15:58
NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether Compass Diversified Holdings (“Compass” or the “Company”) (NYSE: CODI) or certain of its officers and directors issued misleading and false statements and/or failed to disclose information material to investors in violation of federal securities laws. CLICK HERE TO RECEIVE ADDITIONAL INFORMATION ABOUT THIS POTENTIAL CLASS ACTION Compass owns ...