MediciNova Provides Enrollment Update for Ongoing ALS and Hypertriglyceridemia Clinical Trials
Globenewswire· 2025-07-24 10:00
MN-166 COMBAT ALS trial down to single digit required enrollment while MN-001 hypertriglyceridemia trial in type 2 diabetes patients requires final two patientsLA JOLLA, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875) (the “Company”), today provides an update on the enrollment of two key ongoing clinical trials for the Company’s developmental compou ...
Fortuna to release second quarter 2025 financial results on August 6, 2025; Conference call at 12 p.m. Eastern time on August 7, 2025
Globenewswire· 2025-07-24 09:00
A conference call to discuss the financial and operational results will be held on Thursday, August 7, 2025, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesar Velasco, Chief Operating Officer - Latin America, and David Whittle, Chief Operating Officer - West Africa. Shareholders, analysts, media and interested investors are invited to listen to the live conference call by logging onto the webcast a ...
OMS Energy Technologies Inc. Announces Fiscal Year 2025 Financial Results
Globenewswire· 2025-07-24 09:00
Core Insights - OMS Energy Technologies Inc. reported strong financial results for fiscal year 2025, highlighting double-digit revenue growth, expanded gross margin, and increased operating profit, attributed to disciplined execution and new customer contracts since its IPO in May 2025 [3][4][5] Financial Performance - Total revenues for fiscal year 2025 reached $203.6 million, a significant increase from $18.2 million for the prior period and $163.3 million for the previous fiscal year [4][5] - Gross margin improved to 33.9% in 2025, up from 27.6% and 29.9% in the prior periods, reflecting higher sales volume and cost efficiencies [5][8] - Operating profit rose to $59.9 million, compared to $3.2 million and $40.2 million in the previous periods, indicating enhanced cost discipline and economies of scale [5][10] - Net profit for the year was $47.0 million, with basic and diluted earnings per share both at $1.18, compared to $2.19 in the previous fiscal year [12][20] Revenue Breakdown - Revenue from specialty connectors and pipes was $143.1 million, a substantial increase from $5.1 million and $113.5 million in prior periods, driven by higher demand from a major customer [6] - Revenue from surface wellhead and Christmas tree equipment was $8.7 million, up from $3.0 million but down from $6.8 million, affected by delayed demand from a key customer in Indonesia [6] - Premium threading services generated $36.8 million, compared to $7.6 million and $31.1 million in previous periods, with a slight decrease attributed to stable rig activities [6] - Other ancillary services saw revenues of $15.0 million, up from $2.4 million and $11.9 million, due to increased demand for engineering testing and maintenance services [6] Cost and Expenses - Cost of revenues for 2025 was $134.6 million, compared to $13.2 million and $114.5 million in prior periods, reflecting the increase in total revenues [7][20] - Selling, general, and administrative expenses were $9.1 million, a decrease from $1.8 million and $8.6 million in previous periods, primarily due to reduced legal and professional fees [9] Balance Sheet and Cash Flow - As of March 31, 2025, cash and cash equivalents totaled $75.8 million, up from $45.4 million a year earlier, indicating improved liquidity [13] - Net cash provided by operating activities was $40.5 million, compared to a net cash used of $2.9 million in the prior period [13][24]
Aurora Mobile CEO Comments on Robinhood CEO's Crypto Remarks
Globenewswire· 2025-07-24 09:00
Core Viewpoint - Aurora Mobile Limited acknowledges the growing acceptance of cryptocurrencies as tools for diversification, aligning with broader market trends observed in the financial technology and digital asset space [3][4]. Company Insights - Aurora Mobile is a leading provider of customer engagement and marketing technology services in China, focusing on leveraging big data and artificial intelligence to provide insights across various industries [3][7]. - The company has developed solutions such as Cloud Messaging and Cloud Marketing to assist enterprises in achieving omnichannel customer reach and interaction [7]. Industry Trends - Vlad Tenev, CEO of Robinhood, expressed optimism about the future of crypto assets, highlighting their potential for diversification and the tokenization of company shares for trading purposes [2]. - The cryptocurrency market is evolving, and principles of transparency and user information, emphasized by Robinhood, are also central to Aurora Mobile's mission [4]. Strategic Focus - Aurora Mobile is committed to innovating and providing solutions that meet the changing needs of clients and the broader market as the financial technology landscape continues to evolve [6].
Correction: Lacroix : First-half revenue of €291.5 million, down 12.3% on a like-for-like basis, reflecting challenging sector conditions for Electronics despite continued positive momentum in Environment
Globenewswire· 2025-07-24 08:53
PRESS RELEASE 23/07/2025 First-half revenue of €291.5 million, down 12.3% on a like-for-like basis, reflecting challenging sector conditions for Electronics despite continued positive momentum in Environment A better-oriented second half expected In the second quarter of 2025, LACROIX recorded consolidated revenue of €140.4 million, compared with €169.4 million for the same period a year earlier. On a like-for-like basis (excluding the Road Signs segment sold on April 30, 2024), the Group's activity decline ...
Walker Lane Resources Ltd. Announces Closing of Private Placement
Globenewswire· 2025-07-24 08:01
Core Viewpoint - Walker Lane Resources Ltd. has successfully closed a non-brokered private placement, raising a total of $386,000 through the issuance of non-flow through and flow-through units [1][2]. Group 1: Private Placement Details - The company issued 2,508,335 non-flow through units (NFT Units) at a price of $0.12 each, generating gross proceeds of $301,000 [1]. - Additionally, 607,143 flow-through units (FT Units) were issued at a price of $0.14 each, raising gross proceeds of $85,000 [1]. - Each NFT Unit and FT Unit consists of one common share and one common share purchase warrant, with warrants exercisable for two years at $0.16 per common share [1]. Group 2: Insider Participation - An insider subscribed for a total of 1,178,571 units, including 750,000 NFT Units and 428,571 FT Units, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [2]. - The company utilized exemptions from valuation requirements and minority approval due to the insider's participation not exceeding 25% of the company's market capitalization [2]. Group 3: Use of Proceeds - Proceeds from the sale of FT Units will be allocated to Canadian exploration expenses and flow-through mining expenditures, particularly for exploration at the Amy and Silver Hart Properties in the Rancheria Silver District [3]. - The net proceeds from NFT Units will be used for properties in Nevada, including Tule Canyon, Cambridge, and Silver Mountain, as well as for general working capital [3]. - Both FT and NFT Units are subject to a four-month hold period [3]. Group 4: Company Overview - Walker Lane Resources Ltd. is focused on exploring high-grade gold, silver, and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. [4]. - The company plans to initiate exploration programs to advance the Tule Canyon and Amy projects to the resource definition stage through upcoming drilling campaigns [4][5].
Share Buyback Transaction Details July 17 – July 23, 2025
Globenewswire· 2025-07-24 08:00
Core Insights - Wolters Kluwer has repurchased 190,651 ordinary shares for €26.6 million at an average price of €139.36 during the period from July 17 to July 23, 2025 [2][3] - The company aims to repurchase shares worth up to €1 billion throughout 2025 as part of its share buyback program announced on February 26, 2025 [3] - Cumulatively, 4,076,507 shares have been repurchased in 2025, totaling €617.2 million at an average price of €151.40 [3] Share Buyback Program Details - The share buyback program allows for the execution of €350 million of buybacks through third parties, adhering to relevant laws and regulations [3] - Shares repurchased will be held as treasury shares and are intended for capital reduction through share cancellation [4] Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion in 2024 and operates in over 40 countries, employing approximately 21,900 people [6] - The company provides professional information solutions, software, and services across various sectors including healthcare, tax, accounting, and legal [5]
BE Semiconductor Industries N.V. Announces Q2-25 Results
Globenewswire· 2025-07-24 07:10
Core Insights - BE Semiconductor Industries N.V. (Besi) reported Q2-25 revenue of €148.1 million, a 2.8% increase from Q1-25, but a 2.1% decrease from Q2-24, primarily due to weak mobile end markets [5][6] - Net income for Q2-25 was €32.1 million, reflecting a 1.9% increase from Q1-25 but a 23.4% decrease from Q2-24, attributed to lower revenue and gross margins, increased R&D spending, and higher interest expenses [5][6] - For H1-25, revenue totaled €292.2 million, down 1.8% compared to H1-24, with orders decreasing by 17.0% due to lower bookings for hybrid bonding systems and mobile applications [5][7] Q2-25 Highlights - Revenue of €148.1 million, operating income of €43.5 million, and net income of €32.1 million were reported for Q2-25 [5][6] - Orders decreased to €128.0 million, down 3.0% from Q1-25 and 30.9% from Q2-24, mainly due to ongoing weakness in mainstream computing and mobile applications [5][6] - Gross margin was 63.3%, a decrease of 0.3 points from Q1-25 and 1.7 points from Q2-24, influenced by a less favorable product mix and adverse forex effects [5][6] H1-25 Highlights - Total revenue for H1-25 was €292.2 million, a decline of 1.8% from H1-24, primarily due to weakness in mainstream assembly markets [7][8] - Net income for H1-25 was €63.6 million, down 16.2% from H1-24, driven by lower revenue and gross margins, as well as increased interest expenses [7][8] - Cash and deposits increased to €490.2 million at June 30, 2025, a 90.6% rise compared to June 30, 2024, due to the Senior Note offering [5][7] Q3-25 Outlook - Revenue is expected to decline by 5-15% compared to Q2-25, with orders anticipated to increase significantly due to rising demand for hybrid bonding systems and die attach systems for AI-related applications [10][9] - Gross margin is projected to range between 60-62%, reflecting adverse forex effects from a weaker USD against the euro [10] - Operating expenses are expected to remain flat, with a potential +/- 5% variation from €50.2 million in Q2-25 [10] Share Repurchase Activity - In Q2-25, the company repurchased approximately 196,000 ordinary shares for €20.7 million at an average price of €105.80 per share [11] - As of June 30, 2025, €72.2 million of the current €100 million share repurchase authorization has been utilized [11]
Global Campus Gen-Z Leaders Exchange Program Concludes in Beijing
Globenewswire· 2025-07-24 07:09
Company:huanqiu.com Contact Person: Liu Leqi Email: liuleqi@huanqiu.com Website: www.huanqiu.com Telephone: 0086-010-65361101 City: Beijing, China The event concluded with Gen-Z leaders and distinguished guests endorsing the Global Youth Initiative, calling on universities worldwide to adopt principles of openness, collaboration, and mutual benefit to build lasting cooperative frameworks. By integrating online and in-person engagement, the initiative aims to foster interdisciplinary, cross-cultural, and tra ...
Webinar - presentation of the financial results of Liven AS for Q2 and 6 months of 2025
Globenewswire· 2025-07-24 07:00
The webinar will be held on Google Meet. Pre-registration is not required, but please note that no further reminder will be sent. All interested parties are invited to join the Estonian webinar on 31 July at 13:00 (EEST) via the link: https://meet.google.com/fpb-czit-rwz. Questions can be asked during the webinar or in advance by sending them at least one hour before the webinar to e-mail: investor@liven.ee. On Thursday, 31 July, at 13:00 (EEST), Liven AS CEO Andero Laur and CFO Joonas Joost will host a Web ...