Itafos Announces Release Date for Q3 2025 Results and Business Update Webcast
Globenewswire· 2025-10-28 21:10
Core Points - Itafos Inc. will release its Q3 2025 financial results after market close on November 5, 2025 [1] - A recorded webcast reviewing the Q3 2025 financial results and providing business updates will be available on November 10, 2025 [1] Company Overview - Itafos is a phosphate and specialty fertilizer company headquartered in Houston, Texas, trading on TSX-V under the ticker "IFOS" and on OTCQX under "ITFS" [2] - The principal shareholder of Itafos is CL Fertilizers Holding LLC, an affiliate of Castlelake, L.P. [2] Business Operations - The company operates several projects including: - Conda in Idaho, US, with a production capacity of approximately 550kt per year of various phosphate products [6] - Arraias in Tocantins, Brazil, with a production capacity of approximately 500kt per year of single superphosphate [6] - Farim, a high-grade phosphate mine project in Guinea-Bissau [6] - Santana, a high-grade phosphate mine and fertilizer plant project in Pará, Brazil [6]
Silvercrest Asset Management (SAMG) to Announce Third Quarter 2025 Results and Host Investor Conference Call
Globenewswire· 2025-10-28 21:07
NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on October 31, 2025, to discuss the company’s financial results for the third quarter ended September 30, 2025. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/.Chairman, Chief Executive Officer and President Richard R. Hough III and Chief ...
22nd Century Announces Receipt of $9.5 Million from Settlement of Insurance Claim
Globenewswire· 2025-10-28 21:07
MOCKSVILLE, N.C., Oct. 28, 2025 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), the only tobacco products company that has for 27 years led and continues to lead the fight against the harms of smoking driven by nicotine addiction, today announced receipt of $9.5 million in cash proceeds pursuant to its previously announced settlement agreement for all claims with its insurer for business interruption related to the Grass Valley incident that occurred in November 2022. “This settlement closes an ...
Rapid Micro Biosystems to Announce Third Quarter 2025 Financial Results on November 7, 2025
Globenewswire· 2025-10-28 21:05
LEXINGTON, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission-critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, will release third quarter 2025 financial results prior to the market open on Friday, November 7, 2025. In conjunction with the release, the Company’s management team will host a webcast conference call at 8:30 a.m. ...
Kadant Reports Third Quarter 2025 Results
Globenewswire· 2025-10-28 21:03
Core Insights - Kadant Inc. reported its third-quarter financial results for the period ending September 27, 2025, highlighting solid performance despite ongoing challenges in demand for capital equipment and global trade uncertainties [1][3]. Financial Performance - Revenue for the third quarter was $271.6 million, unchanged from the previous year, with organic revenue decreasing by four percent, offset by a two percent increase from acquisitions and a two percent favorable foreign currency translation effect [4]. - Gross margin improved to 45.2% from 44.7% in the prior year [4]. - Net income decreased by 12% to $27.7 million compared to $31.6 million in 2024, with GAAP EPS also down 12% to $2.35 [5]. - Adjusted EPS fell by nine percent to $2.59, excluding acquisition-related costs [5]. - Adjusted EBITDA decreased by eight percent to $58.0 million, representing 21.4% of revenue, down from 23.3% in 2024 [6][27]. - Operating cash flow decreased by 10% to $47.3 million, while free cash flow decreased by nine percent to $44.1 million [6][26]. Bookings and Outlook - Bookings decreased by one percent to $238.4 million, with organic bookings down four percent [7]. - The company anticipates healthy demand for aftermarket parts and improving order activity for capital equipment in the fourth quarter, revising revenue guidance for 2025 to $1.036 to $1.046 billion [8]. - Adjusted EPS guidance remains at $9.05 to $9.25, while GAAP EPS is expected to be between $8.52 and $8.72 [8]. Segment Performance - The Flow Control segment reported revenue of $94.8 million, down from $97.5 million, while Industrial Processing revenue decreased to $106.4 million from $110.7 million [24]. - Material Handling segment revenue increased to $70.3 million from $63.4 million [24]. - The percentage of revenue from parts and consumables increased to 69% from 65% [24]. Company Overview - Kadant Inc. is a global supplier of technologies and engineered systems that enhance efficiency and productivity in process industries, with approximately 3,900 employees across 22 countries [29].
MariMed Announces Strategic Exit From Missouri Market
Globenewswire· 2025-10-28 21:00
NORWOOD, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD), a leading cannabis consumer packaged goods company and retailer, today announced that it has completed a strategic review of its Missouri business operations and decided to exit the market, effectively immediately. Since 2024, the Company has managed the Missouri operations of another licensed cannabis operator and distributed certain of its brands there under a Managed Services and Licensing Agreement, whi ...
Itron Supports Virtual Power Plants in Australia
Globenewswire· 2025-10-28 21:00
Itron Solution Remotely Manages 100 MWh of Distributed Energy Resource CapacityLIBERTY LAKE, Wash., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is supporting Project Jupiter to accelerate the integration of distributed energy resources (DER) using components of Itron’s Low Voltage Distributed Energy Resource Management System (LV DERMS). A collaboration between Western Power, Synergy, the Australian Energy Ma ...
First Commonwealth Announces Third Quarter 2025 Earnings; Declares Quarterly Dividend
Globenewswire· 2025-10-28 21:00
Financial Summary - First Commonwealth Financial Corporation reported a GAAP net income of $41.3 million for Q3 2025, an increase of $7.9 million from Q2 2025 and $9.2 million from Q3 2024 [4][8] - Diluted earnings per share (EPS) for Q3 2025 was $0.39, up from $0.32 in Q2 2025 and $0.31 in Q3 2024 [4][8] - Core net income was $41.2 million, representing a $1.7 million increase from the previous quarter and a $9.2 million increase from the same quarter last year [4][8] - Core diluted EPS was also $0.39, compared to $0.38 in Q2 2025 and $0.31 in Q3 2024 [4][8] Profitability - The return on average assets (ROA) increased to 1.34% in Q3 2025, up from 1.11% in Q2 2025 [4][10] - The return on average equity (ROE) improved to 10.71% from 8.97% in the previous quarter [4][10] - The core efficiency ratio improved to 52.30%, down from 54.06% in Q2 2025 [4][21] Asset Quality - The provision for credit losses was $11.3 million, an increase of $2.4 million from the previous quarter [10][14] - Nonperforming loans decreased to $88.7 million, down $10.8 million from the previous quarter [15][16] - Net charge-offs totaled $12.2 million, an increase from $2.8 million in the previous quarter [17][18] Net Interest Income and Margin - Net interest income (FTE) for Q3 2025 was $111.5 million, an increase of $4.9 million from Q2 2025 [11][12] - The net interest margin expanded to 3.92%, up 9 basis points from the previous quarter [12][10] - Total average deposits grew by $102.7 million, or 4.0% annualized, compared to the previous quarter [12][10] Dividends and Capital - The company declared a quarterly cash dividend of $0.135 per share, a 3.9% increase from Q3 2024 [23] - Total shareholder's equity increased by $24.1 million from the previous quarter [10][24] - The Bank-level Total Capital ratio was 13.4%, exceeding the regulatory "well capitalized" requirement of 10.0% [10][24]
DIRTT to Announce Third Quarter 2025 Financial Results on November 5, 2025
Globenewswire· 2025-10-28 21:00
CALGARY, Alberta, Oct. 28, 2025 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTCQX: DRTTF), a leader in industrialized construction, announced today that it will release its third quarter 2025 financial results on Wednesday, November 5, 2025, after markets close. Webcast Information:In conjunction with the release, the executive team has scheduled a conference call to discuss the company’s results. The call will be broadcast live via ...
BellRing Brands Announces Timing of Fiscal Fourth Quarter and Fiscal Year 2025 Earnings Release and Conference Call
Globenewswire· 2025-10-28 21:00
ST. LOUIS, Oct. 28, 2025 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) today announced it will release its financial results for the fourth quarter and fiscal year 2025 and its fiscal year 2026 outlook on November 18, 2025 at 7:00 a.m. ET. The release will be followed by a conference call at 8:30 a.m. ET to discuss the results and outlook. Darcy H. Davenport, President and Chief Executive Officer, and Paul A. Rode, Chief Financial Officer, will participate in the call. Interested parties may join th ...