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John B. Sanfilippo & Son, Inc. 4th Quarter and Full-Year 2025 Operating Results Conference Call
Globenewswire· 2025-08-13 20:10
Company Overview - John B. Sanfilippo & Son, Inc. is a major processor and distributor of snack and recipe nut products, as well as a snack bar manufacturer [3] - The company is based in Elgin, Illinois and markets products under various brand names including Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts, and Just the Cheese [3] Upcoming Financial Events - The company will hold its quarterly conference call to discuss its fourth quarter and full-year 2025 operating results on August 21, 2025, at 10:00 a.m. Eastern Time [1] - The fourth quarter and full-year 2025 results are expected to be released after the market closes on August 20, 2025 [1] Registration and Access - Interested participants can register for the call via a provided link, after which they will receive a dial-in number and unique PIN [2] - The call will be webcast and accessible through the company's website [2]
Odysight.ai Reports Financial Results for The First Half of 2025 and Provides Business Update
Globenewswire· 2025-08-13 20:10
Core Insights - Odysight.ai Inc. reported financial results for the first half of 2025, showing significant revenue growth and strategic advancements in partnerships and technology deployment [1][4][3]. Financial Performance - Revenues for the six months ended June 30, 2025, were approximately $2.4 million, an increase from $1.4 million for the same period in 2024, primarily due to a $1.7 million contract with a Fortune 500 medical company [4]. - The cost of revenues increased to $1.8 million from $1.1 million, attributed to the same Fortune 500 contract and inventory impairment [5]. - Gross profit was $0.7 million with a gross margin of approximately 28%, compared to a gross profit of $0.3 million and a margin of 21% in the previous year [6]. - Operating expenses rose to $9.7 million from $6.0 million, driven by operational expansion and one-time uplisting expenses, resulting in a net loss of $8.3 million compared to $5.3 million in the prior year [9]. - As of June 30, 2025, the company had a net cash position of approximately $33.2 million, significantly up from $13.6 million a year earlier [10]. Strategic Developments - The company deepened partnerships with tier-one customers and advanced its predictive maintenance system, particularly in the aerospace and defense sectors [3]. - Notable achievements include the deployment of its system on the Heron TP UAV for the Israeli Ministry of Defense and a strategic partnership with a multinational technology group [7]. - The backlog as of June 30, 2025, was approximately $14.4 million, indicating strong future revenue potential [4][8]. Market Position and Future Outlook - Odysight.ai is positioned as a leader in the predictive maintenance and condition-based monitoring markets, leveraging its unique video sensor-based solutions across various industries [13]. - The company aims to expand its technology applications beyond aviation, with ongoing collaborations in defense, mining, agriculture, and transportation sectors [3][7].
Lulus Reports Second Quarter 2025 Results
Globenewswire· 2025-08-13 20:10
Core Insights - Lulu's Fashion Lounge Holdings, Inc. reported a net revenue of $81.5 million for Q2 2025, an 11% decrease year-over-year, attributed to a 16% decline in total orders placed, partially offset by a 1% increase in average order value [8][11] - The company achieved positive Adjusted EBITDA of $0.5 million, compared to a loss of $0.2 million in the same period last year, indicating improved operational efficiency [8][30] - Lulu's continues to focus on strategic initiatives to enhance cost efficiency and expand its customer base, particularly in the occasion dress segment, while repositioning its casual wear and footwear offerings [2][3] Financial Performance - Net loss for Q2 2025 was $3.0 million, a significant improvement from a net loss of $10.8 million in Q2 2024 [8][11] - Gross profit decreased by 12% to $36.9 million, with a gross margin of 45.3%, down 20 basis points from the previous year [8][30] - Active customers decreased by 8% to 2.5 million compared to 2.7 million in the same period last year [8][30] Debt and Liquidity - Total debt decreased by $4.3 million to $5.8 million, while net debt increased by $2.7 million to $4.2 million during the quarter [8][30] - The company is negotiating a new asset-based revolving credit facility to strengthen its liquidity position [3][6] Future Outlook - Lulu's expects to achieve positive Adjusted EBITDA in Q3 2025 and projects full-year capital expenditures to be approximately $2.5 million [9][10] - The company remains optimistic about its strategic initiatives and the potential for improved financial performance in the upcoming quarters [3][9]
Aterian Reports 2025 Second Quarter Financial Results and Provides Guidance for the Second Half of 2025
Globenewswire· 2025-08-13 20:10
Core Insights - Aterian, Inc. reported financial results for Q2 2025, highlighting challenges due to tariff volatility and a strategic focus on cost optimization and new product launches [1][2]. Financial Performance - Net revenue for Q2 2025 was $19.5 million, down from $28.0 million in Q2 2024, primarily due to macroeconomic conditions and lower unit volumes from price increases related to tariffs [6]. - Gross margin decreased to 54.3% from 60.4%, attributed to changes in product mix and tariff impacts on pricing and cost of goods sold [6]. - Adjusted EBITDA loss for Q2 2025 was $(2.2) million compared to an Adjusted EBITDA of $0.2 million in Q2 2024 [6][33]. Cost Management and Strategic Initiatives - The company expects annual pre-tax savings of approximately $5.5 million from workforce reductions and vendor savings initiatives, with initial benefits anticipated in the second half of 2025 [2]. - Aterian is diversifying its manufacturing footprint, reducing reliance on high-tariff regions, and has sourced approximately 65% of its dehumidifiers from China in 2025, down from 100% in 2024 [11] [2]. Future Guidance - Aterian anticipates net revenue for the six months ending December 31, 2025, to be between $36 million and $38 million, with Adjusted EBITDA expected to range from a loss of $(1.0) million to break-even [3]. - The company aims to launch new products, including the Squatty Potty flushable wipes, in September 2025, marking its entry into the consumables market [2]. Operational Highlights - Total operating expenses decreased to $15.1 million in Q2 2025 from $20.1 million in Q2 2024, with restructuring costs of $1.8 million included in the Q2 2025 expenses [6]. - The total cash balance at June 30, 2025, was $10.5 million, down from $18.0 million at December 31, 2024 [6].
MARPAI REPORTS SECOND QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-08-13 20:07
Marpai Slashes Losses by Two-Thirds in Q2 2025, Paving the Way to Profitability.Operating Expenses Cut 70% as Turnaround Gains TractionTAMPA, Fla., Aug. 13, 2025 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a leader in innovative healthcare technology and Third-Party Administration (TPA) services, today announced second quarter 2025 results that mark a decisive step forward in its turnaround strategy.The Company delivered substantial quarterly year-over-year improvements across ke ...
Fossil Group, Inc. Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-13 20:06
Core Insights - Fossil Group, Inc. reported a second quarter 2025 net sales of $220 million, a decrease of 15.2% compared to the same period in 2024, primarily due to category softness and a decline in smartwatch sales [5][11] - The company achieved a gross margin of 57.5%, an increase of 490 basis points year-over-year, attributed to improved product margins and reduced freight costs [5][11] - Operating income for the second quarter was $8 million, with an operating margin of 3.9%, marking a significant improvement from a loss of $34 million in the prior year [11][12] - Fossil Group announced a comprehensive refinancing plan aimed at strengthening its balance sheet and increasing liquidity [3][4] Financial Performance - Net sales for the second quarter totaled $220.4 million, down from $260 million in Q2 2024, with declines across all major regions: 19% in the Americas, 14% in Europe, and 12% in Asia [5][11] - Gross profit was $126.7 million, a decline of 7.4% from $136.9 million in the previous year, but gross margin improved to 57.5% from 52.6% [5][11] - Operating expenses decreased by 30.8% to $118.2 million, representing 53.7% of net sales compared to 65.7% in the prior year [5][6] Outlook and Guidance - The company raised its full-year 2025 financial guidance, reflecting strong year-to-date results and ongoing progress in its turnaround strategy [8][12] - Worldwide net sales are expected to decline in the mid-teens, an improvement from previous guidance of a decline in the mid to high teens [12] - Adjusted operating margin is anticipated to be break-even to slightly positive, compared to prior guidance of negative low single digits [12] Balance Sheet and Liquidity - As of July 5, 2025, Fossil Group had total liquidity of $110.6 million, including $109.9 million in cash and cash equivalents [7] - Total debt stood at $179 million, with inventories decreasing by 11.9% to $178.1 million compared to the previous year [7][11]
Vaxart Provides Business Update and Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-13 20:05
Reported positive topline data from Phase 1 clinical trial evaluating Company’s second-generation oral norovirus vaccine constructs, supporting potential for improved protection against infection Enrolled approximately 5,000 participants in COVID-19 Phase 2b trial prior to stop work order; Follow-up for all participants dosed, including 400-person sentinel cohort continues Cash, cash equivalents and investments of $26.3 million as of June 30, 2025; Current runway into 2026 Conference call today at 4:30 p.m ...
dLocal announces appointment of Chief Financial Officer
Globenewswire· 2025-08-13 20:05
MONTEVIDEO, Uruguay, Aug. 13, 2025 (GLOBE NEWSWIRE) -- DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology - first payments platform, today announced the appointment of Guillermo López Pérez as Chief Financial Officer, who will join us in the next few months. Guillermo will report to dLocal’s CEO, Pedro Arnt. This appointment further strengthens dLocal’s outstanding leadership team. “We are very excited to welcome Guillermo as our new CFO," said Pedro Arnt, CEO of dLocal. "He brings ...
AirJoule Technologies Announces Second Quarter 2025 Results
Globenewswire· 2025-08-13 20:05
RONAN, Mont., Aug. 13, 2025 (GLOBE NEWSWIRE) -- AirJoule Technologies Corporation (NASDAQ: AIRJ) (“AirJoule Technologies” or the “Company”), a leading technology platform that unleashes the power of water from air, today announced its second quarter 2025 results. Second Quarter 2025 & Recent Highlights Key Milestones A250™ Product Expands AirJoule® Technology Platform: The A250™ system will be commercialized for the industrial dehumidification market, which is largely serviced by inefficient legacy technolo ...
Expion360 Reports Second Quarter 2025 Financial and Operational Results
Globenewswire· 2025-08-13 20:05
Q2 2025 Sales Growth of 134% to $3.0 Million Fueled by Strong Demand for New Products and Technologies Records Two of the Most Successful Months of Sales in Company History in Q2 2025 Sixth Consecutive Quarter of Sales Growth REDMOND, Ore., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium iron phosphate battery power storage, today reported its financial and operational results for the first quarter ended June 30, 2025. Second Qua ...