STAG INDUSTRIAL ANNOUNCES SECOND QUARTER 2025 RESULTS
Prnewswire· 2025-07-29 20:06
Core Insights - STAG Industrial, Inc. reported strong financial performance for the second quarter of 2025, with a net income of $49.963 million, a decrease of 16.4% compared to $59.737 million in the same quarter of 2024 [3][7] - The company achieved a Cash NOI of $161.688 million, reflecting an increase of 8.9% from $148.432 million year-over-year [3][7] - Core FFO per share increased by 3.3% to $0.63 from $0.61 in the second quarter of 2024 [3][7] Financial Performance - Net income attributable to common stockholders for Q2 2025 was $49.963 million, down from $59.737 million in Q2 2024, marking a 16.4% decline [3][7] - Basic and diluted net income per share decreased to $0.27 from $0.33, an 18.2% drop [3][7] - Total revenue for Q2 2025 was $207.593 million, up from $189.777 million in Q2 2024, representing a growth of 9.6% [19] Operational Highlights - The company acquired one building in Chicago for $18.4 million, achieving a 100% occupancy rate upon acquisition [5][7] - The total portfolio occupancy rate stood at 96.3% as of June 30, 2025, with the operating portfolio at 97.0% [7] - The company commenced leases totaling 4.2 million square feet in Q2 2025, with a Cash Rent Change of 24.6% [9][11] Acquisition and Disposition Activity - In the first half of 2025, STAG Industrial acquired a total of 576,764 square feet across four buildings for $61.684 million [6][8] - The company sold one building in Q2 2025 for $9.1 million, contributing to a total disposition of 488,591 square feet for $76.1 million in the first half of the year [8][9] Capital Markets Activity - Moody's upgraded the company's corporate credit rating to Baa2 with a stable outlook on May 8, 2025 [12][13] - The company issued $550 million in fixed-rate senior unsecured notes with a weighted average interest rate of 5.65% [13][14] Cash Flow and Distribution - Cash Available for Distribution for Q2 2025 was $98.829 million, a 3.9% increase from $95.119 million in Q2 2024 [3][28] - The company reported a Cash NOI of $161.688 million for the quarter, up 8.9% from the previous year [3][7]
Pixelworks to Announce Second Quarter 2025 Financial Results on August 12
Prnewswire· 2025-07-29 20:05
Core Viewpoint - Pixelworks, Inc. is set to release its second quarter 2025 financial results on August 12, 2025, after market close, indicating ongoing transparency and communication with investors [1]. Group 1: Financial Results Announcement - The financial results will be discussed in a conference call hosted by Todd DeBonis, President and CEO, and Haley Aman, CFO [1]. - The conference call is scheduled for 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day [1]. - Analysts and investors can participate via a live webcast or by registering for dial-in access [1]. Group 2: Company Overview - Pixelworks provides innovative video and display processing solutions, enhancing viewing experiences across various screens, from cinema to smartphones [2]. - The company has over 20 years of experience in image processing innovation, serving leading providers in consumer electronics, professional displays, and video streaming services [2].
CUMBERLAND PHARMACEUTICALS TO ANNOUNCE Q2 2025 FINANCIAL RESULTS & COMPANY UPDATE
Prnewswire· 2025-07-29 20:05
NASHVILLE, Tenn., July 29, 2025 /PRNewswire/ -- Cumberland Pharmaceuticals Inc. (Nasdaq: CPIX), a specialty pharmaceutical company, announced today that it will release its second quarter 2025 financial results and provide a Company update after the market closes on Tuesday, August 5, 2025.A conference call will be held on August 5 at 4:30 p.m. Eastern Time to discuss the results and update.The link to register is: https://register-conf.media-server.com/register/BI0e0cfee6a381408fa7d3d939d82dfa04.Once regis ...
INVESTOR NOTICE: Tempus AI, Inc. (TEM) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-07-29 20:05
SAN DIEGO, July 29, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers of Tempus AI, Inc. (NASDAQ: TEM) common stock between August 6, 2024 and May 27, 2025, inclusive (the "Class Period"), have until Tuesday, August 12, 2025 to seek appointment as lead plaintiff of the Tempus AI class action lawsuit. Captioned Shouse v. Tempus AI, Inc., No. 25-cv-06534 (N.D. Ill.), the Tempus AI class action lawsuit charges Tempus AI as well as certain of Tempus AI's top executi ...
TransMedics to Present at the Canaccord Genuity 45th Annual Growth Conference
Prnewswire· 2025-07-29 20:05
Core Insights - TransMedics Group, Inc. is a medical technology company focused on transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure [1][3] - The company will present at the Canaccord Genuity 45th Annual Growth Conference on August 12, 2025, at 11:30 a.m. ET [1][2] Company Overview - TransMedics is recognized as the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation [3] - The company is headquartered in Andover, Massachusetts, and was founded to address the unmet need for more and better organs for transplantation [3] - TransMedics has developed technologies aimed at preserving organ quality, assessing organ viability prior to transplant, and potentially increasing the utilization of donor organs for treating end-stage heart, lung, and liver failure [3]
Safehold Sets Second Quarter 2025 Earnings Release Date and Webcast
Prnewswire· 2025-07-29 20:05
Core Viewpoint - Safehold Inc. will release its financial results for the second quarter of 2025 on August 5, 2025, after market close [1] Financial Results Announcement - The earnings conference call will take place at 5:00 p.m. ET on August 5, 2025, and will be accessible via Safehold's website [2] - Dial-in information for the live call includes a domestic number (888.506.0062) and an international number (973.528.0011) with an access code of 951370 [2] - A replay of the call will be available from 8:00 p.m. ET on August 5 through 12:00 a.m. ET on August 19, 2025, with specific dial-in numbers for replay [2] Company Overview - Safehold Inc. is innovating real estate ownership by enabling owners to unlock the value of the land beneath their buildings [2] - The company established the modern ground lease industry in 2017 and continues to assist owners of various property types in generating higher returns with reduced risk [2] - As a real estate investment trust (REIT), Safehold aims to provide safe, growing income and long-term capital appreciation to its shareholders [2]
W. P. Carey Announces Second Quarter 2025 Financial Results
Prnewswire· 2025-07-29 20:05
NEW YORK, July 29, 2025 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC) (W. P. Carey or the Company), a net lease real estate investment trust, today reported its financial results for the second quarter ended June 30, 2025.Financial Highlights 2025 Second Quarter Net income attributable to W. P. Carey (millions) $51.2 Diluted earnings per share $0.23 AFFO (millions) $282.7 AFFO per diluted share $1.28 Raising 2025 AFFO guidance to between $4.87 and $4.95 per diluted ...
LendingClub Reports Second Quarter 2025 Results
Prnewswire· 2025-07-29 20:05
Core Insights - LendingClub Corporation reported a strong second quarter for 2025, with year-over-year originations and revenue growth of 32% and 33%, respectively, resulting in a net income of $38 million and a ROTCE of 11.8% [2][10][19]. Financial Performance - Total net revenue for Q2 2025 was $248.4 million, up from $187.2 million in Q2 2024, reflecting a 33% increase [4][10]. - Non-interest expense increased to $154.7 million from $132.3 million year-over-year, marking a 17% rise [4][19]. - Pre-provision net revenue (PPNR) rose 70% to $93.7 million compared to $55 million in the prior year [4][19]. - Net interest margin improved to 6.14% from 5.75% year-over-year [10][19]. Balance Sheet Highlights - Total assets increased by 12% to $10.8 billion from $9.6 billion in the previous year, driven by the success of the Structured Certificates program and loan growth [10][19]. - Total deposits grew by 13% to $9.1 billion compared to $8.1 billion in the prior year [10][19]. - The company maintained a strong capital position with a Tier 1 leverage ratio of 12.2% and a CET1 capital ratio of 17.5% [10][19]. Loan Originations - Loan originations reached $2.4 billion, a 32% increase from $1.8 billion in the prior year [10][19]. - Marketplace loans accounted for $1.7 billion of the total originations, up 30% year-over-year [10][19]. New Products and Partnerships - The company announced an extension of its loan funding partnership with Blue Owl, totaling up to $3.4 billion over two years [1][10]. - A new product, LevelUp Checking, was launched, which offers cash back for on-time loan payments [2][10]. Future Outlook - For Q3 2025, LendingClub expects loan originations between $2.5 billion and $2.6 billion and PPNR of $90 million to $100 million [6][10].
Purple Innovation Reports Second Quarter 2025 Results; Reaffirms 2025 Guidance
Prnewswire· 2025-07-29 20:05
Core Insights - Purple Innovation, Inc. reported a net loss of $17.3 million for Q2 2025, which exceeded expectations, while adjusted EBITDA improved to $(2.4) million, an improvement from $(4.1) million in the previous year [1][6][5] - The company experienced a 12.6% decline in net revenue to $105.1 million compared to $120.3 million in Q2 2024, attributed to shipment delays and reduced wholesale door counts [3][4] - The launch of the Rejuvenate 2.0 collection has seen strong demand, more than doubling the initial launch of Rejuvenate 1.0, contributing to a positive outlook for the second half of 2025 [2][8] Financial Performance - Gross profit for Q2 2025 decreased to $37.7 million, with a gross margin of 35.9%, down 480 basis points year-over-year, impacted by tariffs and costs associated with new product launches [4] - Operating expenses were reduced by 18.2% to $51.9 million, primarily due to lower advertising spend and previous restructuring efforts [5] - The company maintains a cash position of $34.2 million as of June 30, 2025, an increase from $29.0 million at the end of 2024 [7] Strategic Initiatives - The company is on track with its expansion plans with Mattress Firm and is seeing increased interest from partners like Walmart and Costco, which is expected to drive future growth [2][8] - Purple Innovation is reiterating its full-year 2025 revenue outlook in the range of $465 to $485 million, with adjusted EBITDA expected to be flat to positive $10 million [8]
Sera Prognostics Announces Conference Call and Webcast of Second Quarter Fiscal Year 2025 Financial Results on August 6, 2025
Prnewswire· 2025-07-29 20:05
SALT LAKE CITY, July 29, 2025 /PRNewswire/ -- Sera Prognostics Inc., The Pregnancy Company® (NASDAQ: SERA), focused on improving maternal and neonatal health by providing innovative pregnancy biomarker information to doctors and patients, today announced that it will report second quarter fiscal year 2025 financial results on Wednesday, August 6, 2025, after the close of the market. The Company will host a corresponding conference call and live webcast to discuss operational highlights, financial results an ...