Concrete Pumping Holdings Reports Third Quarter Fiscal Year 2025 Results
Globenewswire· 2025-09-04 20:05
Core Viewpoint - Concrete Pumping Holdings, Inc. reported a decline in revenue and net income for the third quarter of fiscal year 2025, primarily due to ongoing deferrals in commercial construction demand and softness in residential construction, exacerbated by high interest rates and adverse weather conditions [4][6][9]. Financial Results - Revenue for Q3 FY 2025 was $103.7 million, down from $109.6 million in Q3 FY 2024, representing a decrease of 5.4% [4][10]. - Gross profit decreased to $40.4 million from $44.5 million, with a gross margin decline of 160 basis points to 39.0% [5][10]. - Net income fell to $3.7 million, compared to $7.6 million in the prior year, with net income attributable to common shareholders at $3.3 million, or $0.07 per diluted share [6][10]. - Adjusted EBITDA was $26.8 million, down from $31.6 million, with an adjusted EBITDA margin of 25.8%, compared to 28.8% in the prior year [7][10]. Segment Performance - U.S. Concrete Pumping revenue was $69.3 million, a decrease of 7.9% from $75.2 million in the prior year, with net income dropping to $1.6 million from $5.0 million [9][34]. - U.S. Concrete Waste Management Services saw a revenue increase of 4% to $19.3 million, driven by organic volume growth and pricing improvements [11][34]. - U.K. Operations revenue decreased to $15.1 million from $15.9 million, with a 10% decline when excluding foreign currency translation effects [12][34]. Liquidity and Debt - As of July 31, 2025, the company had outstanding debt of $425.0 million and net debt of $384.0 million, with total available liquidity of $358.0 million [8][10]. Fiscal Year 2025 Outlook - The company expects FY 2025 revenue to range between $380.0 million to $390.0 million, with adjusted EBITDA projected between $95.0 million to $100.0 million, and free cash flow around $45.0 million [13].
ServiceTitan Announces Strategic Partnership With Roto-Rooter
Globenewswire· 2025-09-04 20:05
Core Insights - ServiceTitan has announced a strategic partnership with Roto-Rooter, enhancing Roto-Rooter's operations with ServiceTitan's technology to drive growth and profitability [1][2] - The partnership aims to unlock new revenue opportunities and improve operational efficiency across Roto-Rooter's extensive network [2][3] - Roto-Rooter, a leader in plumbing and water cleanup services, operates in 121 company-owned territories and over 345 franchise territories in the U.S. and Canada [6] Company Overview - ServiceTitan is a cloud-based software platform designed to support trades businesses, providing tools for business management and customer experience enhancement [5] - Roto-Rooter, founded in 1935, is the largest provider of plumbing, drain cleaning, and water cleanup services in North America, with a strong commitment to technological innovation [6][3] Partnership Impact - The partnership will leverage ServiceTitan's technology across Roto-Rooter's national call centers and branch locations, aiming to set a new standard for service excellence in the industry [4][3] - Roto-Rooter's field employees and office staff will benefit from increased efficiency and automation, allowing them to focus more on customer service [3][2]
LifeVantage Announces Financial Results for the Fourth Fiscal Quarter and Full Fiscal Year 2025
Globenewswire· 2025-09-04 20:05
SALT LAKE CITY, Sept. 04, 2025 (GLOBE NEWSWIRE) -- LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today reported financial results for its fourth quarter and full fiscal year ended June 30, 2025. Fourth Quarter Fiscal 2025 Summary*: Revenue of $55.1 million, an increase of 12.6% from the prior year period. Excluding the impact of foreign currency fluctuations, fourth quarter revenue increased ap ...
Cipher Mining Announces August 2025 Operational Update
Globenewswire· 2025-09-04 20:05
Core Insights - Cipher Mining Inc. reported its unaudited production and operations update for August 2025, highlighting significant metrics in bitcoin mining and operational efficiency [1] Group 1: Production Metrics - The company mined approximately 241 BTC in August 2025, with 42 BTC sold, resulting in a total holding of about 1,414 BTC at month-end [2][4] - Cipher deployed 115,000 mining rigs, achieving a month-end operating hashrate of 23.0 EH/s and a fleet efficiency of 17.3 J/TH [2] Group 2: Operational Developments - Black Pearl Phase I contributed to approximately 39% of the total bitcoin mined in August, with expectations to reach around 10 EH/s by the end of Q3 2025, increasing Cipher's total self-mining hashrate to approximately 23.5 EH/s [3][6] - The company anticipates continued scaling of production as new rigs are delivered, enhancing overall operational capacity [6] Group 3: Strategic Focus - Cipher is focused on developing and operating industrial-scale data centers for bitcoin mining and high-performance computing (HPC) hosting, aiming to be a market leader in innovation within these sectors [5]
ServiceTitan Announces Fiscal Second Quarter Financial Results
Globenewswire· 2025-09-04 20:05
LOS ANGELES, Sept. 04, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (NASDAQ: TTAN), the software platform that powers the trades, today announced financial results for the fiscal second quarter ended July 31, 2025. “I am grateful for the way our team empowered our customers to perform during the seasonally strongest quarter for the trades,” said Ara Mahdessian, Co-Founder and CEO. “The quality and breadth of execution underscore our opportunity to transform the lives of every hardworking contractor in the trades.” ...
Ramaco Retains Hatch to Lead Pre-Feasibility Study for Brook Mine REE/CM Project
Prnewswire· 2025-09-04 20:05
Core Insights - Ramaco Resources, Inc. has engaged Hatch Ltd. to lead the Pre-Feasibility Study (PFS) for the Brook Mine rare earth elements and critical minerals project, marking a significant step in the project's development [1][2][3] Group 1: Project Development - Hatch was selected due to its technical expertise and proven experience in rare earth processing, which is crucial for the project's next phase [2][3] - The PFS will include test-work support, pilot plant design, and process flowsheet optimization, serving as a foundational document for future permitting and investment discussions [1][3][4] - The Brook Mine is estimated to contain 1.7 million tons of total rare earth oxide (TREO), with previous assessments confirming the project's commercial and technological feasibility [4] Group 2: Company Background - Ramaco Resources operates in southern West Virginia and southwestern Virginia, focusing on metallurgical coal and developing rare earth and critical minerals in Wyoming [5] - The company has four active metallurgical coal mining complexes and is in the initial stages of production for a rare earth and coal mine near Sheridan, Wyoming [5] - Ramaco holds approximately 76 intellectual property patents and related agreements, supporting its innovative approaches in the industry [5]
Nasdaq CFO Sarah Youngwood to Present at Barclays Annual Global Financial Services Conference
Globenewswire· 2025-09-04 20:05
Core Insights - Nasdaq will be presenting at the Barclays 23rd Annual Global Financial Services Conference on September 8, 2025, at 9:00 AM ET [1] - Sarah Youngwood, Executive Vice President & CFO of Nasdaq, will represent the company at the conference [1] Company Overview - Nasdaq is a leading global technology company that serves corporate clients, investment managers, banks, brokers, and exchange operators [1] - The company aims to enhance liquidity, transparency, and integrity in the global economy through its platforms [1] - Nasdaq offers a diverse range of data, analytics, software, exchange capabilities, and client-centric services to help clients achieve their business objectives [1]
Zumiez Inc. Announces Fiscal 2025 Second Quarter Results
Globenewswire· 2025-09-04 20:05
Core Insights - Zumiez Inc. reported a 1.9% increase in net sales for Q2 2025, reaching $214.3 million compared to $210.2 million in Q2 2024, with comparable sales up 2.5% on top of a 3.6% increase in the previous year [2][3] - The company experienced a net loss of $1.0 million, or $0.06 per share, in Q2 2025, compared to a net loss of $0.8 million, or $0.04 per share, in Q2 2024 [2] - For the first six months of fiscal 2025, net sales increased 2.9% to $398.6 million, with a net loss of $15.3 million, or $0.88 per share, an improvement from a net loss of $17.6 million, or $0.91 per share, in the same period last year [3][4] Financial Performance - Gross profit for Q2 2025 was $76.0 million, representing a gross margin of 35.5%, compared to a gross profit of $71.8 million and a margin of 34.2% in Q2 2024 [15] - Total liabilities decreased to $330.9 million as of August 2, 2025, from $349.7 million a year earlier, while total assets were reported at $623.4 million [18][19] - The company had cash and current marketable securities of $106.7 million as of August 2, 2025, down from $127.0 million a year prior, primarily due to share repurchases and capital expenditures [4] Sales Trends - North American comparable sales increased by 4.2% in Q2 2025, with a notable acceleration in sales trends leading to an 11.2% increase in comparable sales for the third quarter to date [1][6] - The company anticipates net sales for Q3 2025 to be between $232 million and $237 million, with expected comparable sales growth of 5.5% to 7.5% [7] Strategic Initiatives - Zumiez plans to open approximately 6 new stores in fiscal 2025, including 5 in North America and 1 in Australia, as part of its growth strategy [8] - The CEO expressed optimism about the upcoming holiday season, citing strong back-to-school performance and the success of recent merchandise and customer experience initiatives [5]
Lifecore Biomedical to Participate at 24th Annual Contract Pharma Contracting and Outsourcing Conference
Globenewswire· 2025-09-04 20:05
Core Insights - Lifecore Biomedical, Inc. will participate as a Gold Sponsor at the 24th Annual Contract Pharma Contracting and Outsourcing Conference on September 18-19, 2025, in New Brunswick, NJ, highlighting its commitment to the pharmaceutical outsourcing and contract manufacturing sector [1][2]. Company Overview - Lifecore is a fully integrated contract development and manufacturing organization (CDMO) specializing in the development, fill, and finish of sterile injectable pharmaceutical products, including complex formulations [4]. - The company has over 40 years of experience in partnering with global and emerging biopharmaceutical and biotechnology companies across various therapeutic categories [4]. Growth Strategy - Lifecore's growth strategy focuses on three main areas: expanding existing customer relationships, advancing its late-stage development portfolio towards commercialization, and attracting new, high-value business [2][3]. - The participation in the Contract Pharma conference is part of the company's efforts to elevate awareness of its unique injectables development and manufacturing expertise [3]. Event Participation - At the conference, Lifecore will host meetings with existing and prospective customers and partners, aiming to strengthen its market presence and foster new business opportunities [3].
Regeneron Announces Updated Presentation Time for Upcoming Investor Conference
Globenewswire· 2025-09-04 20:05
TARRYTOWN, N.Y., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) announced today that it will now present at the Morgan Stanley 23rd Annual Global Healthcare Conference at 7:00 a.m. ET on Monday, September 8, 2025. The presentation will be webcast live and may be accessed from the "Investors & Media" page of Regeneron's website at https://investor.regeneron.com/events-and-presentations. Replays and transcripts of the webcast will be archived on the Company's website for at ...