Array Appoints Anthony Carlson President and CEO
Prnewswire· 2025-11-07 12:30
Core Insights - Anthony Carlson will become the President and CEO of Array Digital Infrastructure, Inc. on November 16, 2025, and will also join the Board of Directors [1][2] - Array Digital Infrastructure operates a portfolio of 4,400 owned towers and has noncontrolling investment interests in wireless partnerships and retained wireless spectrum [2] Leadership Transition - Doug Chambers, the Interim President and CEO of Array, will step down from the Board on November 16, 2025, but will remain as a Senior Advisor until December 9, 2025, to ensure a smooth transition [4] - Doug Chambers has been with TDS since 2007 and played a key role in the transformational sale of UScellular's wireless operations to T-Mobile US, Inc. [4][5] Company Background - Array Digital Infrastructure, Inc. is a leading owner and operator of shared wireless communications infrastructure in the United States, with over 4,400 cell towers supporting the deployment of 5G and other wireless technologies [5] - As of September 30, 2025, Telephone and Data Systems, Inc. owned approximately 82% of Array [5]
SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2025
Prnewswire· 2025-11-07 12:30
Core Viewpoint - Sunstone Hotel Investors, Inc. reported third-quarter results for 2025, showing a decline in net income and adjusted funds from operations, while maintaining its outlook for the year despite macroeconomic challenges [4][6][14]. Financial Performance - Net income for Q3 2025 was $1.3 million, down 59.3% from $3.2 million in Q3 2024 [5][6]. - Adjusted FFO attributable to common stockholders per diluted share decreased 5.6% to $0.17 [6][11]. - Total Portfolio RevPAR increased by 2.0% to $216.12, with an average daily rate of $307.43 and occupancy at 70.3% [6][11]. Operational Highlights - Strong performance in San Francisco helped offset weaker demand in other markets [4]. - The company successfully recast its credit facilities, addressing all debt maturities through 2028 and lowering borrowing costs [4][9]. Stock Repurchase Program - In Q3 2025, the company repurchased 258,870 shares at an average price of $8.70, totaling $2.3 million [11]. - Year-to-date, the company has repurchased 11,392,876 shares for $100.6 million, representing nearly 14% of shares outstanding at the start of 2022 [11]. Balance Sheet and Liquidity - As of September 30, 2025, the company had $197.6 million in cash and cash equivalents, total assets of $3.0 billion, and total debt of $930.0 million [12]. - Stockholders' equity stood at $2.0 billion [12]. Capital Investments - The company invested $73.7 million into its portfolio in the first nine months of 2025, expecting to invest an additional $80 million to $100 million by year-end [13]. 2025 Outlook - The company maintains its 2025 outlook, expecting net income between $14 million to $28 million and total portfolio RevPAR growth of 3.0% to 5.0% [15][14].
Mogo Reports Continued Platform Growth and Record Assets Under Management in Q3 2025
Businesswire· 2025-11-07 12:30
Core Insights - Mogo Inc. reported significant growth in its platform and assets under management, achieving a record $498 million in assets, with Bitcoin holdings increasing over 300% quarter-over-quarter [1][4][5] - The company experienced a year-over-year revenue increase of 27% in wealth revenue and 11% in payments revenue, indicating strong operational performance [1][10] - Mogo raised its 2025 EBITDA guidance due to robust platform performance, with an adjusted EBITDA margin of 11.6% [1][8] Financial Highlights - Total members reached 2.29 million, marking a 6% increase year-over-year [4] - Assets under management (AUM) grew by 22% year-over-year to a record $498 million [4] - Payments volume (excluding Canada) was $2.8 billion, reflecting a 12% year-over-year increase [4] - Adjusted total revenue increased by 2% year-over-year to $17.0 million [10] - Adjusted subscription and services revenue rose by 7% year-over-year to $10.3 million [10] - Adjusted EBITDA was $2.0 million, up from $1.9 million in Q2 2025 [10] Strategic Initiatives - Mogo is advancing its Intelligent Investing platform, integrating self-directed and managed investing into a unified experience [2][6] - The company has implemented a Bitcoin treasury strategy, increasing its Bitcoin holdings to $4.7 million, funded through excess cash and monetization of investments [5] - Mogo plans to focus on expanding its wealth and payments sectors, positioning itself for profitable growth into 2026 [2][5] Operational Developments - The company ceased payments operations in Canada effective Q1 2025 to concentrate on European markets, where payments revenue from European transactions increased by 11% [9] - Mogo's management emphasizes behavioral investing principles to enhance investor outcomes, addressing the common issue of investor underperformance due to behavioral factors [2]
Rhythm Pharmaceuticals Announces FDA Extension of Review Period for IMCIVREE® (setmelanotide) for Patients with Acquired Hypothalamic Obesity
Globenewswire· 2025-11-07 12:30
-- FDA sets updated PDUFA goal date of March 20, 2026 – -- Company to hold conference today at 8:00 a.m. -- BOSTON, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Rhythm Pharmaceuticals, Inc. (Nasdaq: RYTM), a global commercial-stage biopharmaceutical company focused on transforming the lives of patients living with rare neuroendocrine diseases, today announced that the U.S. Food and Drug Administration (FDA) has extended by three months the review period for the supplemental New Drug Application (sNDA) for IMCIVREE® ( ...
BriaCell Presents Robust Anti-Cancer Activity of Bria-OTS+™ at SITC 2025
Globenewswire· 2025-11-07 12:30
Next generation Bria-OTS+ platform demonstrates rapid, potent and durable anti-cancer activity by activating both innate and adaptive immune responses Increased tumor cell cytotoxicity induced by both Bria-BRES+™ (breast cancer) and Bria-PROS+™ (prostate cancer) Preclinical data reinforces broad potential of Bria-OTS+ platform across multiple indications PHILADELPHIA and VANCOUVER, British Columbia, Nov. 07, 2025 (GLOBE NEWSWIRE) -- BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW, BCTXZ) (TSX: BCT) (“BriaC ...
CEO.CA's Inside the Boardroom: EnviroGold Unlocks $3.4 Trillion in Mine Waste with Patented Recovery Process
Newsfile· 2025-11-07 12:30
CEO.CA's Inside the Boardroom: EnviroGold Unlocks $3.4 Trillion in Mine Waste with Patented Recovery ProcessNovember 07, 2025 7:30 AM EST | Source: CEO.CA Technologies Ltd.Toronto, Ontario--(Newsfile Corp. - November 7, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial w ...
Checked Out - Airbnb Q3 FY25 Earnings Review
Seeking Alpha· 2025-11-07 12:30
We teach investing, trading and risk management in our Growth Investor Pro service here on Seeking Alpha. We also run swing trading alerts system which has seen great success for some years now.You get a live webinar every week with access to senior Cestrian staff (we share the recording too, of course) and a 24x7 chat environment too.You can take a one-month trial for just $99 before deciding if you want to take an annual subscription. You can learn all about it here including the wall of 5-star reviews we ...
Target This Quantum Computing Stock Before Another Rally
Forbes· 2025-11-07 12:30
Buy the dip on quantum computing? Crazier things have been said.Quantum computing stock IonQ (IONQ) was flying high in mid-October, hitting a record high of $84.64 on Oct. 13. The shares have suffered a nearly 30% drawdown since, as high-growth, speculation-heavy sectors are faced with valuation concerns and overbought conditions. Today, the quantum computing firm reported a third-quarter earnings miss. However, Q3 revenues were up year-over-year after the acquisitions of Oxford Ionics and Vector Atomic wer ...
Checked Out - Airbnb Q3 FY25 Earnings Review (NASDAQ:ABNB)
Seeking Alpha· 2025-11-07 12:30
We teach investing, trading and risk management in our Growth Investor Pro service here on Seeking Alpha. We also run swing trading alerts system which has seen great success for some years now.You get a live webinar every week with access to senior Cestrian staff (we share the recording too, of course) and a 24x7 chat environment too.You can take a one-month trial for just $99 before deciding if you want to take an annual subscription. You can learn all about it here including the wall of 5-star reviews we ...
Array reports third quarter 2025 results
Prnewswire· 2025-11-07 12:30
Accessibility StatementSkip Navigation CHICAGO, Nov. 7, 2025 /PRNewswire/ -- As previously announced, Array will hold a teleconference on November 7, 2025, at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.arrayinc.com. Array Digital Infrastructure, Inc. (NYSE:AD) reported total operating revenues from continuing operations of $47.1 million for the third quarter of 2025, versus $25.7 million for the same period one year ago. Net income (loss) attributable to Arr ...