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Comstock Inc. to Attend the 51st Annual New Orleans Investment Conference
Globenewswire· 2025-10-28 20:30
Group 1 - Comstock Inc. will participate as a Silver Sponsor at the 51st Annual New Orleans Investment Conference from November 2-5, 2025, with CFO Judd B. Merrill presenting on November 3rd [1] - The New Orleans Investment Conference is a prominent event that gathers successful analysts, newsletter writers, and investors to explore major asset classes, including equities [2][3] - The conference has a rich history of featuring notable speakers, including former political leaders and economists, which adds to its prestige [4] Group 2 - This year's speaker lineup includes influential figures such as Robert Kiyosaki, Peter Schiff, and Mary Katharine Ham, indicating a diverse range of insights and expertise [5][6] - Comstock Inc. focuses on innovating and commercializing technologies for clean energy systems, particularly through the extraction and conversion of under-utilized natural resources into reusable metals [7]
AVITA Medical Welcomes Support for RECELL® in Burns in Australia
Globenewswire· 2025-10-28 20:30
Core Insights - Australia's Medical Services Advisory Committee (MSAC) has recommended amendments to the Medicare Benefits Schedule to include the use of autologous skin cell suspension (ASCS) prepared with RECELL for treating severe acute burn wounds in both adults and children [1][2] Company Overview - AVITA Medical, Inc. is a leading therapeutic acute wound care company focused on delivering transformative solutions that optimize wound healing and accelerate patient recovery [4] - The RECELL System is at the forefront of AVITA Medical's platform, approved by the U.S. Food and Drug Administration for treating thermal burn and trauma wounds [4] Clinical Impact - MSAC's endorsement highlights RECELL's clinical effectiveness, demonstrating that it is as safe and effective as traditional autologous skin grafting while offering superior outcomes in donor site sparing and reducing the need for additional grafting procedures [2][3] - RECELL can shorten hospital stays, alleviate patient pain, and minimize scarring, thus improving overall patient outcomes [2][3] Treatment Applications - The MSAC recommendation supports the use of RECELL for adult patients with burns covering 20% or more of total body surface area (TBSA) and pediatric patients with burns covering 10% or more TBSA, including whole-of-face burn wound closure [7]
Miluna Acquisition Corp Announces Closing of Full Underwriters’ Over-Allotment Option in connection with its Initial Public Offering
Globenewswire· 2025-10-28 20:30
Group 1 - Miluna Acquisition Corp announced the full exercise of the over-allotment option for its initial public offering, resulting in an additional 900,000 units sold at $10.00 per unit, generating gross proceeds of $9,000,000 [1] - The total number of units sold in the public offering increased to 6,900,000, leading to aggregate gross proceeds of $69,000,000 [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "MMTXU" on October 23, 2025, with each unit consisting of one ordinary share and one redeemable warrant [1] Group 2 - D. Boral Capital LLC and ARC Group Securities LLC served as joint book-running managers for the offering, while ARC Group Limited acted as the financial advisor [2] - Legal representation for the Company was provided by Hunter Taubman Fischer & Li LLC, and for the underwriters by Baker & Hostetler LLP [2] Group 3 - Miluna Acquisition Corp is a blank check company aimed at executing mergers, share exchanges, asset acquisitions, and similar business combinations, with a focus on various industries and geographic regions, excluding the People's Republic of China [5]
Meritage Homes reports third quarter 2025 results
Globenewswire· 2025-10-28 20:30
Core Insights - Meritage Homes Corporation reported a challenging third quarter for 2025, with significant declines in home closing revenue and net earnings compared to the previous year [4][6][10]. Financial Performance - Homes closed in Q3 2025 totaled 3,685 units, a decrease of 7% from 3,942 units in Q3 2024 [2]. - Home closing revenue for Q3 2025 was $1.4 billion, down 12% from $1.6 billion in Q3 2024 [2][6]. - The average sales price for homes closed in Q3 2025 was $380,000, a 5% decrease from $402,000 in Q3 2024 [2][6]. - Net earnings for Q3 2025 were $99 million ($1.39 per diluted share), a 49% decrease from $196 million ($2.67 per diluted share) in Q3 2024 [2][8]. - For the first nine months of 2025, net earnings were $369 million ($5.13 per diluted share), down 40% from $614 million ($8.36 per diluted share) in the same period of 2024 [2][8]. Operational Highlights - The company ended Q3 2025 with a backlog of 1,699 homes, a decrease of 26% from 2,284 homes at the end of Q3 2024 [2][6]. - The average sales price of homes in backlog was $394,000, down 3% from $408,000 in Q3 2024 [2][6]. - The company achieved a backlog conversion rate of 211%, with nearly 60% of Q3 closings coming from intra-quarter sales [5]. Strategic Initiatives - Meritage Homes increased its community count to 334, a 20% year-over-year increase, indicating a focus on expanding its market presence [4][10]. - The company returned $85 million to shareholders through cash dividends and share repurchases in Q3 2025, totaling nearly $237 million for the first nine months of the year [5][11]. - Land acquisition and development spending was reduced to $528 million in Q3 2025, down from $617 million in Q3 2024, reflecting a strategic response to market conditions [11]. Guidance and Outlook - For Q4 2025, the company expects home closing volume between 3,800 and 4,000 units, with revenue projected at $1.46 to $1.54 billion [10]. - The anticipated home closing gross margin for Q4 2025 is between 19% and 20% [10].
Business First Bancshares, Inc. Announces Stock Repurchase Program
Globenewswire· 2025-10-28 20:30
Core Points - Business First Bancshares, Inc. has announced a stock repurchase program with an aggregate purchase price of up to $30 million over a 24-month period starting from October 28, 2025, to October 28, 2027 [1][2]. Group 1: Stock Repurchase Program - The repurchases may occur in the open market or through privately negotiated transactions, depending on management's assessment of attractive prices and the best interests of the company and its shareholders [2]. - The program is not obligatory, and there is no assurance that shares will be repurchased; it can be modified, suspended, or terminated at the Board's discretion [3]. Group 2: Company Overview - As of September 30, 2025, Business First Bancshares, Inc. has $8.0 billion in assets and $5.7 billion in assets under management through its affiliate, Smith Shellnut Wilson LLC, excluding $0.9 billion of b1BANK assets managed by SSW [5]. - b1BANK operates banking centers and loan production offices in Louisiana and Texas, offering commercial and personal banking products and services [5]. - b1BANK has received accolades such as the 2024 Mastercard "Innovation Award" and has been recognized multiple times by American Banker Magazine as one of the "Best Banks to Work For" [5].
Texxon Holding Limited Announces Full Exercise of Underwriters' Over-Allotment Option
Globenewswire· 2025-10-28 20:30
Shanghai, China, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Texxon Holding Limited (Nasdaq: NPT) (the “Company” or “Texxon”), a leading provider of supply chain management services in the plastics and chemical industries in East China, today announced that the underwriters of its initial public offering ("Offering") have exercised in full their option to purchase an additional 285,000 ordinary shares at a public offering price of $5.00 per share to cover over-allotments. Gross proceeds of the Company's initial publi ...
DBV Technologies Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-10-28 20:25
Core Insights - DBV Technologies reported a net loss of $102.1 million for the nine months ended September 30, 2025, compared to a net loss of $90.9 million for the same period in 2024, with a net loss per share of $0.82 [7][8][25] - The company ended Q3 2025 with cash and cash equivalents of $69.8 million, a significant increase from $32.5 million at the end of 2024, providing a cash runway into the third quarter of 2026 [9][13] - Operating expenses rose to $107.0 million for the nine months ended September 30, 2025, up from $96.4 million in the same period of 2024, primarily due to the launch of the COMFORT Toddlers supplemental safety study [5][6] Financial Highlights - Research tax credits increased to $5.0 million for the nine months ended September 30, 2025, compared to $3.6 million in 2024, reflecting more eligible activities [4] - Operating income for the nine months ended September 30, 2025, was $5.0 million, up from $3.6 million in 2024 [4] - Total liabilities increased to $57.6 million as of September 30, 2025, from $38.3 million at the end of 2024 [23] Cash Flow and Financing - Net cash flow used in operating activities decreased to $86.0 million for the nine months ended September 30, 2025, from $92.2 million in 2024, indicating improved cost management [20] - The company raised $117.1 million from financing activities during the nine months ended September 30, 2025, compared to a negligible amount in the same period of 2024 [22] - DBV Technologies established an equity offering program with an aggregate offering price of up to $150.0 million, and subsequently raised approximately $30 million from the issuance of shares [12] Business Overview - DBV Technologies focuses on developing treatment options for food allergies using its proprietary VIASKIN® patch technology, which aims to modify the immune response to allergens [26] - The company is currently conducting clinical trials for the VIASKIN Peanut patch in young children with peanut allergies [26] - DBV Technologies is headquartered in Châtillon, France, with operations in North America [27]
OraSure Technologies Appoints Steven K. Boyd to its Board of Directors
Globenewswire· 2025-10-28 20:22
Core Insights - OraSure Technologies, Inc. has appointed Steven K. Boyd to its Board of Directors as part of ongoing board refreshment efforts, which have added three new independent directors in the past three years, enhancing operational, financial, and industry expertise [1][2][6] - The company is focused on sustainable, profitable growth through operational excellence, expanding its diagnostics and sample management portfolio, and strengthening its balance sheet [2][4] - Jack Kenny has been appointed as Chair of the Board, succeeding Mara Aspinall, who has stepped down after over eight years of service [4][5] Company Developments - Steven K. Boyd brings over two decades of public markets experience in healthcare and has a strong background in investment, having previously served as Partner at Camber Capital Management [3][4] - The Board now consists of seven directors, six of whom are independent, with a collective expertise in operational, financial, M&A, and life sciences, emphasizing the company's commitment to profitable growth and innovation [5][6] - The company has made significant strides in reshaping its portfolio and strengthening its foundation for future growth, with a focus on delivering value to shareholders [5][6]
First Community Bankshares, Inc. Announces Third Quarter 2025 Results and Quarterly Cash Dividend
Globenewswire· 2025-10-28 20:20
BLUEFIELD, Va., Oct. 28, 2025 (GLOBE NEWSWIRE) -- First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended September 30, 2025. The Company reported net income of $12.27 million, or $0.67 per diluted common share, for the quarter ended September 30, 2025. Net income for the nine months ended September 30, 2025, was $36.33 million or $1.97 per diluted common share. The C ...
Range Announces Third Quarter 2025 Results
Globenewswire· 2025-10-28 20:17
FORT WORTH, Texas, Oct. 28, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its third quarter 2025 financial results. Third Quarter 2025 Highlights – Cash flow from operating activities of $248 millionCash flow from operations, before working capital changes, of $279 millionRepurchased $56 million of shares and paid $21 million in dividendsCapital spending was $190 million, approximately 29% of the annual 2025 budgetRealized price, including hedges, was $3.29 per mcfe – a $ ...