HOUSTON, June 06, 2025 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (the “Company”) announced today that it will present at the Sidoti Small Cap Conference at 4:00 PM EDT on Thursday, June 12, 2025. Register here to attend the virtual event: https://loom.ly/AeaJJ7o. About Itafos The Company is a phosphate and specialty fertilizer company. The Company’s businesses and projects are as follows: Conda – a vertically integrated phosphate fertilizer business located in Idaho, US, with the following production ca ...

SNOWMASS, CO, June 06, 2025 (GLOBE NEWSWIRE) -- Envoy Technologies Inc. ("Envoy"), a Blink Charging Co. entity and leading provider of electric car-sharing services, has announced the expansion of its premium vehicle car-sharing service to three distinguished properties managed by East West Hospitality in Snowmass, Colorado. East West Hospitality, renowned for creating exceptional mountain experiences, now offers guests at select Snowmass properties exclusive access to high-end vehicles through Envoy's serv ...

SOUTH SAN FRANCISCO, Calif., June 06, 2025 (GLOBE NEWSWIRE) -- Nkarta, Inc. (Nasdaq: NKTX), a clinical-stage biopharmaceutical company developing engineered natural killer (NK) cell therapies to treat autoimmune disease, today announced the appointment of Shawn Rose, M.D. Ph.D., as its next Chief Medical Officer (CMO) and Head of Research and Development (R&D) starting on June 23, 2025. He replaces David R. Shook, M.D., who will be stepping down from the role to pursue other opportunities in the oncology sp ...

MCLEAN, Va., June 06, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, reports financial results for the first quarter ended March 31, 2025, and provides a corporate update. Financial Highlights Revenues of $3.9 million.Gross Profit of $677,673, up 95.4% year-over-year, with a 17.5% gross margin increase in the first quarter of 2025 compared to $346,714 (8.2% gross margin) in the first quarter of 2024, reflecting a f ...

Core Insights - Sagtec Global Limited has signed two major contracts totaling US$5 million shortly after launching its AI-powered robotics platform, indicating strong market demand and early success in its deployment strategy [1][2]. Contract Details - The first contract involves deploying over 100 autonomous robotic units to a leading multi-brand restaurant group in Malaysia, expected to generate over US$20 million in cumulative revenue within the next year under a Robotics-as-a-Service (RaaS) model [3]. - The second contract is a significant Customer Relationship Management (CRM) project with a prominent F&B operator, projected to add over US$30 million in Software-as-a-Service (SaaS) revenue pipeline through regional expansion [4]. Technology and Strategy - Both contracts leverage Sagtec's modular, full-stack AI platform, which integrates voice-activated robotics, POS systems, and real-time analytics, validating the company's dual-engine monetization strategy across RaaS and SaaS [5]. - The company is strategically positioned to lead in the global service robotics market, projected to exceed US$90 billion, by expanding its commercial engagements across Southeast Asia, Hong Kong, and the Gulf Cooperation Council (GCC) markets [6]. Market Momentum - Sagtec's combined RaaS and SaaS model is designed for rapid scaling with enterprise adoption, aiming to unlock repeatable revenue at the infrastructure level [7]. - The company is targeting a commercial pipeline exceeding US$50 million over the next 12 months, indicating strong growth potential [2][9]. Company Overview - Sagtec is a leading provider of customizable software solutions primarily serving the Food & Beverage (F&B) sector, also offering software development, data management, and social media management to enhance operational efficiency across various industries [8].

INDIANAPOLIS, June 06, 2025 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq: HURC) today reported results for the second fiscal quarter ended April 30, 2025. Hurco recorded a net loss of $4,063,000, or $0.62 per diluted share, for the second quarter of fiscal year 2025, which included a non-cash tax valuation allowance of $1,270,000 recorded in provision for income taxes. This net loss of $4,063,000 for the second quarter of fiscal 2025 compared to a net loss of $3,922,000, or $0.61 per diluted share, for ...

Core Insights - Virco Mfg. Corporation reported a net income of $0.7 million for the first quarter of 2025, a decrease from $2.1 million in the same period last year, primarily due to a significant disaster recovery order in the previous year [1][6] - The company experienced a 22.9% decline in shipments and backlog, totaling $105.6 million, while gross margin improved from 43.5% to 47.5% [6][2] - Management remains optimistic about underlying demand, which is believed to be within normal parameters for multi-year, election-related bond cycles [1][9] Financial Performance - Net sales for the first quarter were $33.754 million, down from $46.735 million year-over-year [18] - Gross profit decreased to $16.020 million from $20.347 million, while selling, general, and administrative expenses were $16.114 million compared to $17.376 million last year [18] - The company repurchased $4.0 million worth of shares and declared a cash dividend of $0.025 per share for the second fiscal quarter [5][6] Operational Insights - The company is focusing on financing seasonal inventories and accounts receivable, alongside investing in major capital equipment [5] - Management believes that tariffs will not significantly impact gross margins due to the domestic manufacturing of most products [2] - The company is confident in its ability to manage peak-season deliveries despite supply chain disruptions in other markets [2][8] Market Outlook - The current year is viewed as a "pause" in the recovery of the school furniture market post-COVID, but there are positive signs in the mid-term school bond environment [9] - The company is investing in training and technology to maintain operational efficiency and capitalize on future opportunities [8]

SAN DIEGO, June 06, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming accessories brand, today announced that Cris Keirn, Chief Executive Officer, and Mark Weinswig, Chief Financial Officer, will virtually participate in the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference, on June 9-11. Chief Executive Officer Cris Keirn will host a fireside chat on Tuesday, June 10 at 11:15a.m. ET, and management will also be available for meetings during the conference. A ...

DENVER, June 06, 2025 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial (Safe Harbor or the “Company”) (Nasdaq: SHFS), a fintech leader in facilitating financial services and credit facilities to the cannabis industry, announced that Terry Mendez, Safe Harbor’s Chief Executive Officer, Jeffrey Kay, Senior Vice President of Marketing, Dominic Marella, Vice President of Business Development, and Michael Regan, Head of Investor Relations & Data Science will participate in the Benzinga Cannabi ...

AUSTIN, Texas, June 06, 2025 (GLOBE NEWSWIRE) -- via IBN – NetworkNewsAudio announces the Audio Press Release (APR) titled " Next Gold Powerhouse Emerges as Prices Break Records," featuring ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF). To hear the NetworkNewsAudio version, visit LINK To read the original editorial, visit LINK Earlier this year, ESGold closed on C$3.45 million financing earmarked to advance its Montauban Project toward production. This successful closing marked a pivotal point for the company, pr ...