Mission Produce® Announces Fiscal 2025 Second Quarter Financial Results
Globenewswire· 2025-06-05 20:05
Achieved record fiscal second quarter revenue driven by the Marketing & Distribution segmentOXNARD, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or “the Company”) a world leader in sourcing, producing, and distributing fresh Hass avocados, today reported its financial results for the fiscal second quarter ended April 30, 2025. Fiscal Second Quarter 2025 Financial Overview: Total revenue increased 28% to $380.3 million compared to the same period last yearNet inco ...
Oil-Dri Announces Highest Third Quarter Results on Record
Globenewswire· 2025-06-05 20:05
Core Insights - Oil-Dri Corporation of America reported strong financial results for the third quarter and first nine months of fiscal year 2025, achieving record net sales, gross profit, and net income [1][8]. Financial Performance - Consolidated net sales for Q3 2025 reached $115.5 million, an 8% increase from $106.8 million in Q3 2024, marking the 16th consecutive quarter of year-over-year sales growth [3][22]. - Operating income rose to $13.9 million, a 33% increase compared to $10.4 million in the same period last year [6][22]. - Net income for Q3 2025 was $11.6 million, reflecting a 50% increase from $7.8 million in Q3 2024 [8][22]. - EBITDA increased by 35% to $20.2 million in Q3 2025, compared to $15.0 million in Q3 2024 [8][27]. Segment Performance - The Business to Business (B2B) Products Group reported revenues of $42.7 million, an 18% increase year-over-year, driven by strong agricultural and fluids purification product performance [10][11]. - The Retail and Wholesale (R&W) Products Group's revenues reached $72.8 million, a 3% increase, with the Ultra Pet acquisition contributing $4.8 million in sales [12][14]. Cost and Expenses - Consolidated gross profit for Q3 2025 was $33.0 million, a 10% increase from $30.1 million in Q3 2024, with gross margins improving to 28.6% from 28.2% [4][22]. - Selling, general and administrative expenses (SG&A) decreased to $19.1 million from $19.7 million in the prior year, a 3% reduction [5][22]. Cash Flow and Investments - Cash and cash equivalents increased to $36.5 million as of April 30, 2025, up from $23.5 million at the end of fiscal year 2024, driven by higher net income [9][24]. - The company continued significant investments in manufacturing infrastructure improvements and dividend distributions during the third quarter [9][26].
Oportun Completes $439 Million Asset Backed Securitization
Globenewswire· 2025-06-05 20:05
5.67% average yield, 128 basis points lower than the previous ABS financing in January, AAA rating on the most senior bonds – a first for the CompanySAN CARLOS, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced the issuance of $439 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans. The offering included five classes of fixed rate notes: Class A, Class B, Class C ...
ServiceTitan Announces Fiscal First Quarter Financial Results
Globenewswire· 2025-06-05 20:05
LOS ANGELES, June 05, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (NASDAQ: TTAN), the software platform that powers the trades, today announced financial results for the fiscal first quarter ended April 30, 2025. “I am humbled by the way that our team, in partnership with our customers, performed this quarter,” said Ara Mahdessian, Co-Founder and CEO. “The quality and breadth of execution underscore our opportunity to transform the lives of every hardworking contractor in the trades.” “The ROI we deliver to our c ...
Byrna Technologies Announces Preliminary Fiscal Second Quarter Record Revenues of $28.5 Million
Globenewswire· 2025-06-05 20:05
Company Achieves 41% Year-Over-Year Growth Driven by Compact Launcher Rollout and Retail ExpansionANDOVER, Mass., June 05, 2025 (GLOBE NEWSWIRE) -- Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a technology company, specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced select preliminary financial results for the fiscal second quarter ended May 31, 2025. Preliminary Second Quarter ResultsBased on preliminary unaudit ...
Concrete Pumping Holdings Reports Second Quarter Fiscal Year 2025 Results
Globenewswire· 2025-06-05 20:05
Announces $15 Million Increase to Share Repurchase PlanDENVER, June 05, 2025 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the "Company" or "CPH"), a leading provider of concrete pumping and waste management services in the U.S. and U.K., reported financial results for the second quarter ended April 30, 2025. Second Quarter Fiscal Year 2025 Summary vs. Second Quarter of Fiscal Year 2024 (where applicable) Revenue of $94.0 million compared to $107.1 million.Gross profit of $36.2 million ...
AVITA Medical Announces First Clinical Publication Demonstrating Accelerated Autograft Readiness with Cohealyx™
Globenewswire· 2025-06-05 20:04
VALENCIA, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a leading therapeutic acute wound care company delivering transformative solutions, today announced the first clinical publication evaluating Cohealyx™, an AVITA Medical-branded collagen-based dermal matrix, published in the Journal of Surgery (Akpunonu et al., 2025). According to the investigators, Cohealyx demonstrated significantly faster wound bed vascularization and autograft readiness compared to conventi ...
NOVAGOLD Announces Full Exercise and Closing of Underwriters' Option
GlobeNewswire News Room· 2025-06-05 20:03
All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) announces the full exercise and closing of the underwriters’ option to purchase an additional 7,177,500 of our common shares at the public offering price of $3.75 per common share, less underwriting discounts and offering expenses. The exercise of the underwriters’ option closed today. After giving effect to the ...
Bæjarstjórn samþykkir niðurstöðu úr skuldabréfaútboði Garðabæjar
Globenewswire· 2025-06-05 20:00
Garðabær hefur lokið útboði í skuldabréfaflokknum GARD 11 1. Heildartilboð í GARD 11 1 voru samtals 2.385 m.kr. að nafnverði. Ákveðið var að taka tilboðum, samtals að nafnverði 1.370 m.kr. á ávöxtunarkröfunni 3,90%. Útistandandi fyrir útboð voru 3.000 m.kr. að nafnverði. Heildarstærð flokksins er nú 4.370 m.kr. að nafnverði. Uppgjör viðskipta fer fram miðvikudaginn 11. júní 2025. Bæjarstjórn hefur staðfest niðurstöðu útboðsins. ...
Binah Capital Group Announces PKS Investments as Finalist in Two Categories for the 2025 Wealth Management Industry Awards
Globenewswire· 2025-06-05 19:49
- Dual Recognition Underscores Binah’s Unmatched Commitment to Leadership and Operational Excellence -NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Binah Capital Group, Inc. (“Binah Capital”) (NASDAQ: BCG), a financial services enterprise supporting the growth of independent financial advisors, today announced that PKS Investments (“PKS”), a Binah Capital Group company, has been named a finalist in two categories for the prestigious 2025 Wealth Management Industry Awards (“The Wealthies”). The categories are ...