FORT WASHINGTON, Pa., June 05, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (the “Company” or “we”) (NYSE:TOL) (TollBrothers.com), announced today that it has priced an underwritten public offering (the "Offering") of $500,000,000 of 5.600% Senior Notes due 2035 (the "Notes") issued by Toll Brothers Finance Corp., a wholly-owned subsidiary of the Company. Settlement of the Notes is anticipated to occur on June 10, 2025, subject to satisfaction of customary closing conditions. The Notes have a coupon of 5.60 ...

Core Insights - IDT Corporation reported strong financial results for the third quarter of fiscal year 2025, with significant year-over-year increases in gross profit, income from operations, and earnings per share [1][4][30]. Financial Performance - Gross profit increased by 15% year-over-year to $112 million, achieving a record gross profit margin of 37.1% [1][3]. - Income from operations rose by 133% to $27 million, while adjusted EBITDA increased by 57% to $32 million [1][3]. - GAAP EPS increased to $0.86 from $0.22, and non-GAAP EPS rose to $0.90 from $0.38 [1][3]. Segment Performance National Retail Solutions (NRS) - Recurring revenue grew by 23% to $29.4 million, driven by a 37% increase in Merchant Services revenue and a 33% rise in SaaS fees [2][5]. - Income from operations and adjusted EBITDA both increased by 29% year-over-year [2][5]. BOSS Money / Fintech Segment - BOSS Money transactions increased by 27% to 6 million, with revenue rising by 25% to $34.4 million [2][7]. - The fintech segment's gross profit grew by 31% to $22.6 million, and income from operations reached $4.3 million [2][7]. net2phone - Subscription revenue increased by 7% to $21.5 million, with income from operations surging by 188% to $1.4 million [3][26]. - Adjusted EBITDA for net2phone rose by 50% to $3.2 million [3][26]. Traditional Communications - Gross profit increased by 5% to $43.4 million, with income from operations rising by 39% to $17.3 million [3][9]. - Adjusted EBITDA for this segment grew by 30% to $19.3 million [3][9]. Cash Flow and Capital Expenditures - Net cash provided by operating activities was $75.7 million in 3Q25, compared to $9.5 million in 3Q24 [30]. - Capital expenditures increased by 14% to $5.4 million [3][31]. Future Outlook - The company is focusing on developing new offerings to enhance the competitiveness of independent retailers against larger chains [6]. - BOSS Money is working on initiatives to drive long-term growth and reduce cross-border transaction friction [7].

SAN FRANCISCO, June 05, 2025 (GLOBE NEWSWIRE) -- Life360, Inc. (NASDAQ: LIF, ASX: 360) (“Life360”), today announced the closing of its previously announced private offering of 0.00% convertible senior notes due 2030 (the “Notes”). The notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The offering represents the aggregate of both the previously announced ...

VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Montage Gold Corp. (“Montage” or the “Company”) (TSX: MAU, OTCQX: MAUTF) is pleased to report that all resolutions at today’s Annual and Special General Meeting of Shareholders (“Annual Meeting”) were duly passed by shareholders. A total of 208,377,611 common shares were voted at the meeting, representing 58.85% of the votes attached to all the outstanding common shares. Shareholders voted in favour of each of the items of business at the Annual ...

MINNEAPOLIS , June 05, 2025 (GLOBE NEWSWIRE) -- Vireo Growth Inc. (“Vireo” or the “Company”) (CSE: VREO; OTCQX: VREOF), today announced that it has closed its previously-announced transaction to acquire Missouri-based Proper Brands (“Proper”) through the acquisition of NGH Investments, Inc. and Proper Holdings Management, Inc., subsidiaries of Proper Holdings, LLC, a management company providing services to Proper’s portfolio of 11 retail dispensaries in Missouri. Proper was founded in 2022 and is currently ...

NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 50.1% owned joint venture has completed a $675 million refinancing of Independence Plaza, a 1,328 unit residential complex in the Tribeca submarket of Manhattan. The five-year interest only loan matures in June 2030 and has a fixed rate of 5.84%. This loan replaces the prior $675 million loan that bore interest at 4.25% and was scheduled to mature in July 2025. Vornado Realty Trust is a fully-integrated equi ...

VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- Hapbee Technologies, Inc. (TSXV: HAPB) (OTCQB: HAPBF) (FSE: HA1) (“Hapbee” or the “Company”), the digital wellness technology company, announces that it has arranged to settle an aggregate of $235,954.48 (the “Debt”) owing to arm’s length suppliers and consultants of the Company by the issuance of a total of 2,621,716 common shares at a deemed price of $0.09 per share (the “Shares-for-Debt Settlement”). The Debt represents unpaid fees for goods, ...

New Integration Combines EagleView’s Precise Aerial Data with ServiceTitan’s Estimating and Proposal Capabilities, Streamlining Workflows Driving Higher Close RatesLOS ANGELES, June 05, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, today announced the availability of its integration with EagleView, a leading provider of aerial roofing measurements. This new integration brings EagleView’s advanced property data directly to contractors, equipping them with ...

COLMAR, Pa., June 05, 2025 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (“Dorman” or the “Company”) (NASDAQ:DORM) announced today that David M. Hession, Senior Vice President and Chief Financial Officer, has informed Dorman of his plans to retire later this year. The Company has initiated a comprehensive search process with the assistance of a leading executive search firm to identify Mr. Hession’s successor. Mr. Hession will remain in his position until a successor is in place and will serve in an advisory ro ...

Core Insights - Quanex Building Products Corporation reported a significant increase in net sales for the second quarter of 2025, reaching $452.5 million, a 70% increase compared to $266.2 million in the same period of 2024, primarily driven by the Tyman acquisition [2][4] - The integration of Tyman is ahead of schedule, with the company now targeting approximately $45 million in cost synergies, up from the original target of $30 million [2][3] - The company anticipates continued seasonal demand growth through the summer, despite potential macroeconomic challenges [3][8] Financial Performance - Net sales for the six months ended April 30, 2025, were $852.5 million, compared to $505.4 million for the same period in 2024 [2][4] - Gross margin increased to $131.4 million, representing a gross margin percentage of 29.0%, up from 24.9% in the prior year [2][4] - Net income for the second quarter was $20.5 million, compared to $15.4 million in the same quarter of 2024 [2][4] Segment Performance - The North American Fenestration segment experienced a 5.5% decline in net sales, while the European Fenestration segment saw a 7.9% increase in net sales, excluding foreign exchange impacts [4] - The Tyman acquisition contributed $190.1 million to net sales during the second quarter of 2025 [4] Balance Sheet and Liquidity - As of April 30, 2025, total debt stood at $785 million, with a leverage ratio of Net Debt to LTM Adjusted EBITDA decreasing to 3.2x [5][6] - The company had liquidity of $289 million, consisting of $62.6 million in cash and availability under its Senior Secured Revolving Credit Facility [6] Share Repurchase Program - The company repurchased 1,259,407 shares for approximately $23.5 million at an average price of $18.66 per share during the second quarter [7] - Approximately $35.6 million remains under the existing share repurchase authorization [7] Outlook - Quanex reaffirms its guidance for fiscal 2025, estimating net sales of approximately $1.84 billion to $1.86 billion and Adjusted EBITDA of $270 million to $280 million [8]