CALIFORNIA BANCORP REPORTS NET INCOME OF $15.7 MILLION FOR THE THIRD QUARTER OF 2025
Globenewswire· 2025-10-28 12:00
San Diego, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- California BanCorp (“us,” “we,” “our,” or the “Company”) (NASDAQ: BCAL), the holding company for California Bank of Commerce, N.A. (the “Bank”) announces its consolidated financial results for the third quarter of 2025. The Company reported net income of $15.7 million, or $0.48 per diluted share, for the third quarter of 2025, compared to $14.1 million, or $0.43 per diluted share for the second quarter of 2025, and net loss of $16.5 million, or $0.59 per ...
Skyline Bankshares, Inc. Announces Third Quarter 2025 Results
Globenewswire· 2025-10-28 12:00
FLOYD, Va. and INDEPENDENCE, Va., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”) – announced its results of operations for the third quarter of 2025. The Company recorded net income of $4.1 million, or $0.73 per share, for the quarter ended September 30, 2025, compared to net income of $3.8 million, or $0.68 per share, for the second quarter of 2025 and net income of $1.1 million, or $0.19 per share, for ...
Advanced Flower Capital Schedules Earnings Release and Conference Call for the Third Quarter Ended September 30, 2025
Globenewswire· 2025-10-28 12:00
WEST PALM BEACH, Fla., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC”) today announced that it will release its financial results for the third quarter ended September 30, 2025, on Wednesday, November 12, 2025, before market open. Management will review AFC’s financial results at 10:00 am ET via webcast available on the Investor Relations section of AFC’s website found here AFC -- Investor Relations. Participants are also invited to access the conference call by registe ...
Recursion to Report Third Quarter 2025 Business Updates and Financial Results on November 5th
Globenewswire· 2025-10-28 12:00
Company to host public (L)earnings call on November 5th at 8:00 am ET / 6:00 am MT / 1:00 pm GMTSalt Lake City, UT, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Recursion (Nasdaq: RXRX), a leading clinical stage TechBio company decoding biology to radically improve lives, announced today it will provide business updates and report its third quarter 2025 financial results on Wednesday, November 5, 2025, before the open of the financial markets.Recursion will host a (L)earnings Call on November 5, 2025 at 8:00 am ET / 6 ...
Australian Oilseeds Announces Joint Venture with Rajashri Foods Pvt. Ltd. for Distribution in India
Globenewswire· 2025-10-28 12:00
COOTAMUNDRA, Australia, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Australian Oilseeds Holdings Limited (the “Company”) (NASDAQ: COOT), a manufacturer and seller of sustainable edible oils to customers globally, today announced a joint venture with Rajashri Foods Pvt. Ltd. to market and distribute the Company’s GEO line of cold pressed chemical free canola oil and olive oil throughout India. “We are thrilled to announce this joint venture with Rajashri Foods, further advancing our international expansion strategy,” ...
Karbon-X Announces Milestone in Senegal Mangrove Restoration Effort
Globenewswire· 2025-10-28 12:00
ABC Mangrove Project surpasses 7,000 hectares of cumulative planting across years, advancing community-led coastal restoration in partnership with Woodside EnergyDAKAR, Senegal, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Karbon-X Corp. (OTCQX: KARX) (“Karbon-X” or the “Company”) is pleased to announce the completion of the 2025 planting season for the ABC Mangrove Project in Senegal, an initiative that continues to restore one of West Africa’s most vital blue-carbon ecosystems. Developed through Karbon-X’s project d ...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 Third Quarter Results
Globenewswire· 2025-10-28 12:00
HOUSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended September 30, 2025, on Tuesday, November 4, 2025, at 7:00 a.m. CDT. A conference call with the Company will be held the same day at 9:00 a.m. CDT. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate acces ...
Jefferson Capital Announces Amendment and Upsize of Senior Secured Revolving Credit Facility
Globenewswire· 2025-10-28 12:00
MINNEAPOLIS, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Jefferson Capital, Inc. (NASDAQ: JCAP) (“Jefferson Capital”), a leading analytically driven purchaser and manager of charged-off, insolvency and active consumer accounts, announced today that it has amended and extended its senior secured revolving credit facility via a syndication led by Citizens Bank. Key components of the amendment include, among other items: An increase of the aggregate committed capital by $175,000,000 to $1,000,000,000A reduction of the i ...
CTS Announces Third Quarter 2025 Results
Globenewswire· 2025-10-28 12:00
Core Insights - CTS Corporation reported strong growth in the third quarter of 2025, with sales increasing by 22% year-over-year in diversified end markets, while overall sales rose by 8% to $143 million [2][7] - The company emphasized diversification as a strategic priority to enhance growth and margin expansion [2] - For 2025, CTS has narrowed its sales guidance to a range of $535-$545 million and adjusted diluted EPS to between $2.20 and $2.25, assuming current market conditions persist [3] Financial Performance - Net income for Q3 2025 was $14 million, representing 9.6% of sales, which included a $4.2 million charge related to an EPA claim [7] - Adjusted diluted EPS was $0.60, slightly down from $0.61 in Q3 2024, while diluted EPS decreased to $0.46 from $0.59 in the same period [7][25] - Adjusted gross margin improved to 38.9% from 38.2% year-over-year, while adjusted EBITDA margin decreased to 23.8% from 24.4% [7][23] Market Segments - Sales to diversified end markets, which include industrial, aerospace & defense, and medical sectors, saw a significant increase of 22% [7][8] - Conversely, sales to the transportation end market experienced a decline of 7% [7] Cash Flow and Expenses - Operating cash flow for Q3 2025 was reported at $29 million, down from $35 million in Q3 2024 [7] - The company incurred selling, general, and administrative expenses of $27.2 million, up from $22.5 million year-over-year [7][12] Balance Sheet Highlights - As of September 30, 2025, total assets were $790.4 million, an increase from $765.4 million at the end of 2024 [15] - Current assets rose to $276.2 million, compared to $242.2 million in the previous year [15] Future Outlook - CTS Corporation's management remains optimistic about the company's growth trajectory, driven by its focus on diversification and solid execution in challenging market conditions [2][3]
Provident Protection Plus Named a Top Performing Insurance Agency in the U.S. by the Independent Insurance Agents & Brokers of America for the Third Consecutive Year
Globenewswire· 2025-10-28 12:00
Out of 1,146 independent agencies nominated nationwide, only 348 achieved this prestigious honorAUGUSTA, N.J., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Provident Protection Plus, a full-service insurance agency that offers comprehensive insurance programs to protect businesses, their employees, and consumers, has announced that it has retained its Best Practices status for 2025, joining an elite group of independent insurance agencies for the second time in a row from across the U.S. The Best Practices Agency desi ...