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Primis Financial Corp. Reports Earnings per Share for the Second Quarter of 2025
Prnewswire· 2025-07-24 21:00
Declares Quarterly Cash Dividend of $0.10 Per ShareMCLEAN, Va., July 24, 2025 /PRNewswire/ -- Primis Financial Corp. (NASDAQ: FRST) ("Primis" or the "Company"), and its wholly-owned subsidiary, Primis Bank (the "Bank"), today reported net income available to common shareholders of $8.4 million, or $0.34 per diluted share, for the quarter ended June 30, 2025, compared to $3.4 million, or $0.14 per diluted share, for the quarter ended June 30, 2024. For the six months ended June 30, 2025, the Company reported ...
Ovintiv Reports Second Quarter 2025 Financial and Operating Results
Prnewswire· 2025-07-24 21:00
Full Year Capital Guidance Lowered; Production Guidance IncreasedHighlights: Generated cash from operating activities of $1,013 million, Non-GAAP Cash Flow of $913 million and Non-GAAP Free Cash Flow of $392 million after capital expenditures of $521 million Second quarter production was above the guidance range on every product with average total production volumes of 615 thousand barrels of oil equivalent per day ("MBOE/d"), including 211 thousand barrels per day ("Mbbls/d") of oil and condensate, 96 Mbbl ...
Minerals Technologies Inc. Announces 2025 Second Quarter Financial Results
Globenewswire· 2025-07-24 21:00
-- Earnings per Share of $1.44, or $1.55 Excluding Special Items, Up 36% Sequentially -- -- Operating Income of $75 Million, or $79 Million Excluding Special Items, Up 25% Sequentially -- -- Operating Margin of 14.1% of Sales, or 14.9% Excluding Special Items -- -- Strong Second Quarter Cash Flow-- -- Released 17th Annual Sustainability Report -- NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”), a leading, technology-driven specialty minerals compan ...
Coursera Stock Rockets 20% Higher After Q2 Earnings Report: Here's Why
Benzinga· 2025-07-24 20:59
Financial Performance - Coursera reported quarterly earnings of 12 cents per share, exceeding the analyst consensus estimate of 9 cents [1] - Quarterly revenue reached $187.1 million, surpassing the Street estimate of $180.48 million [1] Market Opportunity - The company continues to expand its market opportunity due to the global demand for new technology and skills, attracting over 7 million new learners this quarter [2] Growth and Outlook - Coursera achieved a revenue growth of 10% year-over-year and is making significant progress in enhancing customer experiences on its platform [3] - The company raised its full year 2025 revenue outlook by $17 million, now projected to be between $738 million and $746 million [3] Stock Performance - Following the earnings report, Coursera's stock price increased by 21.37%, reaching $11.02 in extended trading [3]
Weyerhaeuser Reports Second Quarter 2025 Results
Prnewswire· 2025-07-24 20:58
Core Viewpoint - Weyerhaeuser Company reported its second quarter 2025 financial results, with details available on its website and through the U.S. Securities and Exchange Commission [1] Financial Results - The company will hold a live conference call on July 25, 2025, at 7 a.m. Pacific (10 a.m. Eastern) to discuss the second quarter results [2] - Access to the live webcast and presentation will be available on the company's Investors section on the same date [2] Conference Call Information - For North American participants, the conference call can be joined by dialing 877-407-0792 with access code 13748397 [3] - International participants can join by dialing 201-689-8263 with the same access code [3] - Replays of the call will be available for two weeks through specific numbers for both North America and international callers [3] Company Overview - Weyerhaeuser is one of the largest private owners of timberlands, controlling approximately 10.4 million acres in the U.S. and additional public timberlands in Canada [4] - The company has been a leader in sustainability, managing all its timberlands on a fully sustainable basis [4] - In 2024, Weyerhaeuser generated $7.1 billion in net sales and employed around 9,400 people [4] - The company operates as a real estate investment trust and trades on the New York Stock Exchange under the symbol WY [4]
Intel reports Q2 revenue beat, cancels projects to reduce costs
Proactiveinvestors NA· 2025-07-24 20:56
Company Overview - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Ocean Power Technologies, Inc. Announces Fourth Quarter and Full Year Fiscal 2025 Results
Globenewswire· 2025-07-24 20:54
Core Insights - Ocean Power Technologies, Inc. (OPT) reported a record backlog of $12.5 million, representing a 158% increase year-over-year, and a pipeline of $137.5 million, an 88% increase from the previous year [2][5] - The company achieved revenues of $5.9 million for FY25, a 6% increase compared to FY24, while operating expenses decreased by 28% to $23.3 million [2][6] - OPT secured significant contracts and partnerships, including a $3 million reseller agreement in Mexico and collaborations with various international defense agencies [2][5] Financial Performance - Revenues for FY25 were $5.9 million, up from $5.5 million in FY24, while gross profit decreased to $1.7 million from $2.8 million [6][19] - Operating expenses were reduced by $8.9 million, or 28%, from $32.2 million in FY24 to $23.3 million in FY25 [2][6] - The net loss for FY25 was $21.5 million, an improvement from a net loss of $27.5 million in FY24 [6][19] Strategic Developments - The company shipped an AI-enabled Merrows™ PowerBuoy® to a Middle Eastern customer and secured a contract with an international defense agency for WAM-V® Unmanned Surface Vehicles [2][5] - OPT formed strategic partnerships with various firms, including Remah International Group and Unique Group, to expand its market presence in the Middle East and Latin America [2][5] - The company achieved ISO 9001 certification, enhancing its credibility and operational efficiency [4] Operational Highlights - The company’s operating model has been streamlined, resulting in a 26% reduction in operating expenses year-over-year while maintaining delivery capabilities [4] - OPT received a Facility Security Clearance from the U.S. Department of Defense, enhancing its eligibility for classified programs [4][5] - The company’s cash and cash equivalents increased to $6.9 million as of April 30, 2025, compared to $3.3 million at the beginning of the fiscal year [12]
This Is Not Your Grandfather's Railroad - Union Pacific Means Business
Seeking Alpha· 2025-07-24 20:53
Core Viewpoint - The article discusses Union Pacific Corporation (NYSE: UNP) as a significant dividend growth investment, highlighting its importance in the author's portfolio since the pandemic-related lockdowns in 2020 [1]. Group 1 - Union Pacific Corporation is identified as the fifth-largest dividend growth investment for the author [1]. - The company was one of the first investments made after the initial pandemic lockdowns in 2020 [1].
Crude Oil Price Forecast: Rebounds from 50-Day Moving Average Support
FX Empire· 2025-07-24 20:52
Reversal From 50-Day Moving AverageThe 50-Day MA is a key trend indicator for dynamic support for crude oil. It was reclaimed in early June and recent lows were the first test of the line as support since it was reclaimed. Today’s bullish reversal indicates that the test of support near the 50-Day may be complete. That opens the door to the possibility of further strengthening in the price of crude oil.Strong Support Zone IndicatedFurthermore, support around the 50-Day MA is also marked by the neckline of a ...
Levi & Korsinsky Notifies Neogen Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – NEOG
GlobeNewswire News Room· 2025-07-24 20:51
Core Viewpoint - Neogen Corporation is facing a class action securities lawsuit due to alleged securities fraud that misled investors regarding the integration with 3M Company's Food Safety Division [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors affected by misleading statements made between January 5, 2023, and June 3, 2025 [1]. - Defendants allegedly issued materially false statements about the integration's progress and downplayed inefficiencies that arose during the process [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until September 16, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].