Cemtrex Completes Acquisition of Richland Industries, Expanding Its Industrial Services Platform into the Southeast
Globenewswire· 2026-02-05 21:10
Core Viewpoint - Cemtrex, Inc. has acquired Richland Industries to expand its Advanced Industrial Services platform into a rapidly growing industrial region in the U.S. [1][8] Group 1: Acquisition Details - The acquisition includes all assets of Richland Industries and establishes a new subsidiary, AIS Tennessee, to operate the business [1][6] - AIS purchased the business assets and property for $5.5 million and assumed certain operating liabilities, financed through loans from Fulton Bank [7] Group 2: Financial Performance - AIS has grown from approximately $21 million in annual revenue in fiscal 2022 to approximately $38 million in fiscal 2025, maintaining consistent gross margins and operating profitability [2] - AIS Tennessee is expected to contribute approximately $8 to $10 million in revenue over the next twelve months based on historical performance and current backlog [6] Group 3: Strategic Importance - The acquisition enhances AIS's capabilities in fabrication, mechanical installation, and industrial services, with a contracted backlog providing near-term revenue visibility [3] - The Pulaski, Tennessee property includes a 70,000 square foot facility on 25 acres, allowing for future expansion and direct access to key Southeastern markets [4][5] Group 4: Long-term Vision - This acquisition marks the fourth owned industrial property in the AIS portfolio, aligning with the company's strategy to own critical real estate to reduce execution risk and support long-term growth [5] - The establishment of AIS Tennessee is seen as a natural extension of AIS's efforts to build scale and deploy a proven operating framework in a new region [6]
Seneca Foods Reports Sales and Earnings for the Quarter and Nine Months Ended December 27, 2025
Globenewswire· 2026-02-05 21:10
FAIRPORT, N.Y., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced financial results for the third quarter and nine months ended December 27, 2025. Executive Summary (vs. year-ago, year-to-date results): Net sales for the nine months ended December 27, 2025 totaled $1,265.8 million compared to $1,233.0 million for the nine months ended December 28, 2024. The year-over-year increase of $32.8 million was driven by higher sales volume and the impact of higher sell ...
Zscaler Acquires SquareX to Advance Zero Trust Browser Security for the AI Era
Globenewswire· 2026-02-05 21:07
Zscaler extends zero trust browser capabilities to secure any browser on any deviceSAN JOSE, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced it has acquired SquareX, to further extend Zero Trust capabilities into the browser for the AI era. This acquisition will help redefine browser security, allowing organizations to embed lightweight extensions into any browser, providing increased security and eliminating the need for third-party browse ...
IBEX Reports Record Quarterly Revenue and EPS, Raises Fiscal Year Guidance
Globenewswire· 2026-02-05 21:05
Record second quarter Revenue, Adjusted EBITDA, EPS, and Adjusted EPSRevenue grew 17% versus prior year quarter, fourth consecutive quarter of double-digit growthEPS grew 45% year-over-year to $0.83 and adjusted EPS grew 46% to $0.87Raises Fiscal Year Revenue and Adjusted EBITDA Guidance WASHINGTON, Feb. 05, 2026 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for i ...
Gold.com Reports Fiscal Second Quarter 2026 Results
Globenewswire· 2026-02-05 21:05
Q2 FY 2026 Diluted Earnings Per Share of $0.46 $11.6 Million in Net Income and $33.9 Million in non-GAAP EBITDA in Q2 FY 2026 Company Announces Quarterly Cash Dividend Completes Rebrand to Gold.com and Transition to New York Stock Exchange (NYSE: GOLD) COSTA MESA, Calif., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Gold.com, Inc. (NYSE: GOLD), (“Gold.com” or the “Company”), a fully integrated alternative assets platform that offers an extensive range of precious metals, numismatic coins, and collectibles to consume ...
Phillips Edison & Company Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-05 21:05
CINCINNATI, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today reported financial and operating results for the fourth quarter and full year ended December 31, 2025 and provided guidance for 2026. For the fourth quarter and full year ended December 31, 2025, net income attributable to stockholders was $47.5 million, or $0.38 per dilu ...
Fortinet Reports Strong Fourth Quarter and Full Year 2025 Financial Results
Globenewswire· 2026-02-05 21:05
Fourth Quarter 2025 Highlights Revenue grew 15% year over year to $1.91 billionProduct revenue grew 20% year over year to $691 millionBillings grew 18% to $2.37 billion1Unified SASE billings grew 40%GAAP operating margin of 33% Non-GAAP operating margin of 37%1 Full Year 2025 Highlights Revenue grew 14% year over year to $6.80 billionProduct revenue grew 16% year over year to $2.22 billionBillings grew 16% to $7.55 billion1Unified SASE & SecOps billings grew 24%GAAP operating margin of 31%Non-GAAP operating ...
Paylocity Announces Second Quarter Fiscal Year 2026 Financial Results
Globenewswire· 2026-02-05 21:05
Q2 2026 Recurring & Other Revenue of $387.0 million, up 11.3% year-over-yearQ2 2026 Total Revenue of $416.1 million, up 10.4% year-over-yearContinued growth in cash flows - trailing twelve months net cash provided by operating activities margin of 28.3% and free cash flow margin of 23.6%Repurchased $100 million or 690,000 shares in Q2 2026; $600 million or 3.7 million shares repurchased since May 2024 SCHAUMBURG, Ill., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading ...
ServiceTitan to Announce Fiscal Fourth Quarter and Full Year Fiscal 2026 Financial Results on March 12, 2026
Globenewswire· 2026-02-05 21:05
LOS ANGELES, Feb. 05, 2026 (GLOBE NEWSWIRE) -- ServiceTitan, Inc. (Nasdaq: TTAN), the software platform that powers the trades, today announced that it will report its financial results for the fiscal fourth quarter and full year ended January 31, 2026 after market close on Thursday, March 12, 2026. In conjunction with this report, ServiceTitan will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss its fiscal fourth quarter and full year fiscal 2026 financi ...
Talkspace to Report Fourth Quarter and Full Year 2025 Results and Host Conference Call
Globenewswire· 2026-02-05 21:05
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, today announced that it will release its fourth quarter and full year 2025 results on Thursday, February 19, 2026 before market open and host a conference call to review the results at 8:30am ET. Conference Call DetailsThe conference call will be available via audio webcast at https://investors.talkspace.com/ and can also be accessed by dialing (800) 225-9448 for U.S. participants, or (203) 518-970 ...