Snap Inc. (SNAP) delivered impressive fourth-quarter results but saw its stock decline more than 8% to $10.63 in Wednesday’s trading, despite gaining 7% in Tuesday after-hours trading. The company reported revenues of $1.56 billion, representing 14% year-over-year growth, and achieved its first quarterly profit of $9 million since going public against a $248 million loss in the same quarter last year. However, the mixed guidance for first-quarter 2025 and broader market uncertainties have overshadowed these ...

KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- MPS will report its results after the market closes on February 6, 2025 and host a question-and-answer webinar at 2:00 p.m. PT / 5:00 p.m. ET. The live event will be held via a Zoom webcast, which can be accessed at https://mpsic.zoom.us/j/96816578886. 2024 Financial Summary (Unaudited)GAAP                                                    2024  2023  YoY ChangeYoY Change (%)Revenue ($k)$2,207,100 $1,821,072  Up $ 386,028Up 21.2%Gross Margin 55.3% 56.1% Do ...

BUFFALO, N.Y., Feb. 6, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the RBC Financial Institutions Conference being held in New York City. Representatives of M&T are scheduled to deliver a presentation to investors and analysts on March 5, 2025, at 1:20 p.m. (ET).A link to the webcast will be available at https://ir.mtb.com/events-presentations. The webcast may contain material information as well as forward-looking information, and cautionary statements regarding such fo ...

Total Revenues of $1.335B, 16 Consecutive Quarters of Cloud Organic GrowthDelivers Net Income Margin of 17%, Robust Adjusted EBITDA Margin of 37.6%GAAP EPS of $0.87, Non-GAAP EPS of $1.11Operating Cash Flows of $348M and Free Cash Flows of $307MFiscal 2025 Second Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) $1,335 $1,053 $462 (13.1) % (8.1) % +2.7 % Annual Recurring Revenues represent 79% of Total Revenues ...

KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, today announced its Board of Directors has approved a new stock repurchase program that authorizes MPS to repurchase up to $500 million in the aggregate of its common stock, which will expire on February 4, 2028. Shares of common stock repurchased under the program will be retired. As of December 31, 2024, ...

KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter and year ended December 31, 2024. MPS also announced that its Board of Directors has approved an increase in the quarterly cash dividend from $1.25 per share to $1.56 per share. The first quarter dividend of $1.56 per share will be paid on April 15, ...

EMERYVILLE, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $86.2 million, or $1.07 per diluted share, for the fourth quarter ended December 31, 2024, which compares to $92.8 million, or $1.15 per diluted share, for the third quarter ended September 30, 2024 and $83.4 million, or $1.01 per diluted share, for the fourth quarter ended December 31, 2023. Adjusted net income for the quarter was $86.1 million, or $1.07 per diluted share, which compares to ...

TORONTO, Feb. 6, 2025 /PRNewswire/ - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce the appointment of Jasper Bertisen to its Board of Directors ("Board") effective immediately.Ari Sussman Chairman of Collective's Board of Directors commented, "Jasper is a well-seasoned executive in the mining industry with a strong background in the evaluation of mining projects from both technical and financial perspectives. His ability to provide strategic guidance in ...

NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Monolithic Power Systems, Inc. (“Monolithic Power Systems” or “the Company”) (NASDAQ: MPWR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or ...

WHITTIER, Calif., Feb. 06, 2025 (GLOBE NEWSWIRE) -- First Pacific Bancorp (the “Company”) (OTC Pink: FPBC), the holding company for First Pacific Bank (the “Bank”), today reported consolidated results for the fourth quarter and year ending December 31, 2024, marking its seventh consecutive quarter of profitability. The Company remains well-capitalized, with a robust liquidity position supported by a stable core deposit base and access to substantial sources of liquidity. Highlights for the fourth quarter an ...