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Medallion Financial Corp. Announces Leadership Transition: Andrew Murstein Appointed Chief Executive Officer as of January 31, 2026
Globenewswire· 2025-10-28 20:05
Alvin Murstein to Serve as Executive ChairmanNEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, as well as loan products and services offered through fintech strategic partners, announced today that its Board of Directors has appointed Andrew Murstein as Chief Executive Officer, effective January 31, 2026. Andrew Murstein will continue to serve as Pr ...
Vivani Medical, Inc. Announces Closing of Common Stock Offering
Globenewswire· 2025-10-28 20:05
ALAMEDA, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Vivani Medical, Inc. (Nasdaq: VANI) (“Vivani” or the “Company”), a clinical-stage biopharmaceutical company developing miniature, ultra long-acting drug implants, today announced the closing of its previously announced best efforts registered direct offering of 6,000,000 shares of its common stock at an offering price of $1.62 per share and a concurrent private placement of 3,703,703 shares of its common stock at an offering price of $1.62 per share purchas ...
WEBTOON Entertainment Inc. to Report Third Quarter 2025 Financial Results on November 12, 2025
Globenewswire· 2025-10-28 20:05
LOS ANGELES, Oct. 28, 2025 (GLOBE NEWSWIRE) -- WEBTOON Entertainment Inc. (Nasdaq: WBTN) (“WEBTOON Entertainment,” or “the Company”), a leading global entertainment company and home to some of the world’s largest storytelling platforms, today announced that it plans to report third quarter 2025 financial results after market close on November 12, 2025. Following the release, the Company’s management team will host a conference call at 4:30 p.m. ET to review the results. A live webcast of the conference call ...
Ekso Bionics Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-10-28 20:05
Core Viewpoint - Ekso Bionics Holdings, Inc. reported a revenue rebound and improved financial metrics for Q3 2025, indicating successful navigation through previous challenges and a focus on growth strategy while managing resources [3][10]. Financial Performance - For Q3 2025, the company recorded revenue of $4.2 million, a 2% increase year-over-year from $4.1 million in Q3 2024, and a 105% sequential increase from $2.1 million in Q2 2025 [3][10]. - Gross profit for Q3 2025 was $2.5 million, with a gross margin of approximately 60.3%, up from $2.2 million and 53.5% in Q3 2024, driven by higher margin Enterprise Health sales and lower device costs [4][10]. - Net loss for Q3 2025 was $1.4 million, or $0.54 per share, representing a 31% improvement from a net loss of $2.1 million, or $1.53 per share, in Q3 2024 [7][10]. Expense Management - Sales and marketing expenses decreased to $1.3 million in Q3 2025 from $1.8 million in Q3 2024, primarily due to lower payroll expenses related to the Employee Retention Credit [5]. - Research and development expenses were reduced to $0.6 million in Q3 2025 from $0.8 million in Q3 2024, also due to lower payroll expenses and headcount [6]. - General and administrative expenses decreased to $2.1 million in Q3 2025 from $2.3 million in Q3 2024, attributed to lower payroll expenses, partially offset by higher legal costs [7]. Strategic Initiatives - The company is exploring strategic transactions, which may include acquiring a business in a different industry or selling its current business, with no assurances that any transaction will occur [9][11]. - The company launched eksoUniversity and delivered its first official CEU certification to a physical therapist in Connecticut [10]. Cash Position - As of September 30, 2025, the company had cash of $2.7 million, down from $4.5 million at the end of 2024 [8][15]. Balance Sheet Overview - Total assets as of September 30, 2025, were $21.7 million, a decrease from $26.7 million at the end of 2024 [15]. - Total liabilities were $12.0 million, down from $13.9 million at the end of 2024, while stockholders' equity decreased to $9.7 million from $12.7 million [15].
Oil-Dri to Host First Quarter 2026 Earnings Discussion and Fiscal Year 2025 Annual Meeting of Stockholders via Live Webcast
Globenewswire· 2025-10-28 20:05
CHICAGO, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced today that it expects to release earnings for its first quarter of fiscal year 2026 after the close of the U.S. stock market on Monday, December 8, 2025. The Company will host its first quarter fiscal year 2026 earnings discussion and its fiscal year 2025 Annual Meeting of Stockholders virtually via a live webcast on Tuesday, December 9, 2025 at 9:30 a.m. Central Time. The record date for voting eligibility at th ...
Rigetti Supports NVIDIA NVQLink, NVIDIA’s New Open Platform for AI Supercomputer-Quantum Integration
Globenewswire· 2025-10-28 20:05
BERKELEY, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it is supporting NVIDIA NVQLink, NVIDIA’s new open platform for integrating AI supercomputing with quantum computers. Rigetti is exhibiting its collaboration with NVIDIA NVQLink at the Quantum Computing Pavilion at NVIDIA GTC Washington, D.C. NVIDIA GTC attendees can also view a full-scale demonstration of a Rigetti ...
Varonis Announces $150 Million Share Repurchase Authorization
Globenewswire· 2025-10-28 20:05
Core Viewpoint - Varonis Systems, Inc. has authorized a share repurchase program for up to $150.0 million of its common stock, expected to be completed within the next 12 months [1][2]. Company Overview - Varonis is a leader in data security, focusing on protecting critical data through its cloud-native Data Security Platform, which utilizes AI-powered automation to discover, classify, and secure data [4][5]. - The company provides a range of security solutions, including data security posture management, data classification, data access governance, and more, to thousands of organizations globally [5]. Share Repurchase Program Details - The share repurchase will be conducted through open market purchases, privately-negotiated transactions, and in compliance with federal securities laws, including Rule 10b5-1 and Rule 10b-18 [2]. - The timing and number of shares repurchased will depend on Varonis' trading windows, available liquidity, and overall market conditions [2].
BrightSpring Health Services, Inc. Reports Third Quarter 2025 Financial Results and Increases Full Year 2025 Guidance
Globenewswire· 2025-10-28 20:05
LOUISVILLE, Ky., Oct. 28, 2025 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the third quarter ended September 30, 2025, increased Revenue guidance, and reiterated Adjusted EBITDA1 guidance. Financial Highlights(note: all figures represent continuing operations and exclude the Community Living business) Revenues of $3,334 mil ...
Vivid Seats to Report Third Quarter 2025 Financial Results
Globenewswire· 2025-10-28 20:05
CHICAGO, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Vivid Seats Inc. (NASDAQ:SEAT) (“Vivid Seats”), a leading marketplace that utilizes its technology platform to connect millions of buyers with thousands of ticket sellers across hundreds of thousands of events each year, will report financial results for the third quarter 2025 on Thursday, November 6, 2025, before the U.S. stock market opens. Management will discuss the results on a webcast at 8:30 a.m. ET. The live webcast and replay can be accessed at https://inv ...
CTO Realty Growth Reports Third Quarter 2025 Operating Results
Globenewswire· 2025-10-28 20:05
– Raises Full-Year 2025 Outlook –– Strengthens balance sheet with $150 million term loan financing –– Current signed-not-open pipeline of $5.5 million – WINTER PARK, Fla., Oct. 28, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”), an owner and operator of retail-based properties located primarily in higher-growth markets, today announced its operating and financial results for the quarter ended September 30, 2025. Third Quarter and Other 2025 Highlights Net Income attrib ...