Signed 5 deals in the second quarter, highlighted by 3 with new customersPaid down over $300 million on our term loan since separationIntroduced RapidCoolTM, a revolutionary direct-to-chip liquid cooling technology for high performance semiconductors SAN JOSE, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (the “Company” or “Adeia”) today announced financial results for the second quarter ended June 30, 2025. “We delivered revenue of $85.7 million, consistent with our expectations, and ...

- Infrastructure: Improved financial flexibility with recent refinancing transactions -- Life Sciences: R2 continuing to see significant year over year growth in system unit sales -- Spectrum: Launched fourth ATSC 3.0 station in collaboration with large mobile carrier - NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE) announced today its consolidated results for the second quarter. Financial Summary (in millions, except per share amounts)Three Months End ...

Core Insights - Opendoor Technologies Inc. reported a revenue of $1.6 billion for Q2 2025, marking a 4% increase compared to Q2 2024 and a 36% increase from Q1 2025, alongside achieving its first quarter of Adjusted EBITDA profitability since 2022 despite challenging housing market conditions [2][8]. Financial Performance - Revenue: $1.6 billion, up 4% year-over-year and up 36% quarter-over-quarter [8]. - Gross Profit: $128 million, slightly down from $129 million in Q2 2024 but up from $99 million in Q1 2025; Gross Margin at 8.2% [8]. - Net Loss: $(29) million, an improvement from $(92) million in Q2 2024 and $(85) million in Q1 2025 [8]. - Contribution Profit: $69 million, down from $95 million in Q2 2024 but up from $54 million in Q1 2025; Contribution Margin at 4.4% [8]. - Adjusted EBITDA: $23 million, a significant improvement from $(5) million in Q2 2024 and $(30) million in Q1 2025; Adjusted EBITDA Margin at 1.5% [8]. Operational Metrics - Total Homes Sold: 4,299, up 5% year-over-year and up 46% quarter-over-quarter [8]. - Inventory Balance: $1.5 billion, representing 4,538 homes, down 32% year-over-year and down 35% quarter-over-quarter [8]. - Homes Purchased: 1,757, down 63% year-over-year and down 51% quarter-over-quarter [8]. - Homes Under Contract: 393, down 78% year-over-year and down 63% quarter-over-quarter [8]. Future Outlook - Q3 2025 Revenue Guidance: $800 million to $875 million [8]. - Q3 2025 Contribution Profit Guidance: $22 million to $29 million [8]. - Q3 2025 Adjusted EBITDA Guidance: $(28) million to $(21) million [8].

Core Insights - Latham Group, Inc. has appointed Jeffrey J. Jackson as an independent member of its Board of Directors and as a member of the Audit Committee, increasing the board size from eight to nine directors [1][2]. Group 1: Appointment Details - Jeffrey J. Jackson is currently the CEO of Cabinetworks Group, Inc., the largest privately-owned kitchen cabinet manufacturer in the U.S. [2] - Jackson has a notable background, having served as President and CEO of PGT Innovations, Inc., where he led the company to significant growth and national brand recognition in the fenestration industry [2][3]. - His previous executive roles include positions at The Hershey Company, Mrs. Smith's Bakeries, and The Coca-Cola Company, showcasing a diverse experience across various sectors [2]. Group 2: Board Commentary - James C. Cline, Chairman of the Latham Board, expressed enthusiasm about Jackson's appointment, highlighting his visionary leadership and extensive expertise in executive management and finance [3]. - Cline noted that Jackson's broad sector knowledge and industry relationships will provide valuable operational and strategic experience to support Latham's growth and competitive positioning [3]. Group 3: Company Overview - Latham Group, Inc. is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand [4]. - The company operates with approximately 1,850 employees across 30 locations, indicating a robust operational platform [4].

Core Insights - Tevogen Bio Holdings Inc. is expanding its artificial intelligence initiative, Tevogen.AI, in collaboration with Microsoft and Databricks to develop the beta version of the PredicTcell model [1][2] - The new dataset being curated focuses on oncology and aims to enhance the accuracy of the existing model, which previously utilized a virology dataset [2] - The development phase is supported by a recently published international patent application that details novel machine learning systems for predicting immunologically active peptides, crucial for targeted cancer therapies [3] Company Developments - Tevogen.AI is leveraging the Databricks Data Intelligence Platform to improve its foundational AI model, particularly in the complex field of oncology [2][4] - The company is also exploring external market opportunities as a potential revenue source, which may include enhanced analytics and visualization tools for the PredicTcell model [7] Strategic Collaborations - The collaboration with Microsoft and Databricks is highlighted as a significant advantage in building the alpha version of the AI model, emphasizing the importance of high-quality datasets in drug discovery [4]

Los Angeles, CA, Aug. 05, 2025 (GLOBE NEWSWIRE) -- In response to the growing demand for compact, adaptable living solutions, Ovios today announced the launch of a new line of smart furniture designed specifically for students heading back to campus this fall. The release features three multifunctional, tool-free products aimed at transforming limited student living spaces into comfortable, flexible environments for study, rest, and socializing. The collection includes a 3-in-1 foldable sofa bed, a boneless ...

Tianjin, China, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Seagull Watch Group has officially reissued China’s first military chronograph, originally developed under the classified Cold War-era “Project 304.” Known today as the Seagull 1963, this timepiece is earning global recognition for its unique combination of historical importance, advanced mechanical engineering, and accessible pricing. In 1961, the Chinese Ministry of Light Industry launched Project 304 in response to the country’s dependence on imported ...

Management Outlines Multi-Pillar Roadmap to Provide Deeper Stakeholder InsightLAS VEGAS, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (OTC: BULT) (“Bullet Blockchain” or the “Company”), the only U.S. company holding foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, today announced a series of key strategic initiatives that management is pursuing to drive an aggressive expansion and align current and future stakeholders with the Comp ...

Core Viewpoint - Bocana Resources Corp. has entered into a binding letter of intent for the acquisition of 100% of placer mining claims in Arizona, indicating a strategic move to enhance its mineral asset portfolio [1][3]. Group 1: Transaction Details - The acquisition involves 72 placer mining claims totaling approximately 1,440 acres located in Pinal County, Arizona [2]. - The total purchase price for the claims is US$27,500,000, with an initial deposit of $200,000 made to the seller [3]. - The claims will be acquired through a newly formed subsidiary, Arizore LLC, registered in Nevada [3]. Group 2: Conditions and Approvals - The transaction is subject to several conditions, including the execution of a definitive agreement, completion of financing, satisfactory due diligence, and regulatory approvals [4][5]. - The transaction will be treated as a "Fundamental Acquisition" under TSX Venture Exchange Policy 5.3, with no finder's fees involved [4]. Group 3: Technical Reports and Findings - Historical technical reports indicate potentially economic concentrations of gold and associated metals across four claims, with average gold grades of 4.6 oz/ton and silver grades of 1.9 oz/ton from the LPA4-04 claim [7][8]. - The Dirt-01 claim shows average gold grades of 1.4 oz/ton and silver grades of 0.4 oz/ton, demonstrating consistency in higher-grade mineralization [13]. - The Dirt-02 claim has reported average gold grades of 0.589 oz/ton and silver grades of 0.475 oz/ton from nine drill holes, indicating potential for further exploration [14]. Group 4: Company Overview - Bocana Resources Corp. is focused on the acquisition, exploration, and development of mineral properties in North and South America, holding a 100% working interest in the Escala area concessions in Bolivia [29].

Core Viewpoint - Marex Group plc has responded to a report by NINGI Research, labeling it as a malicious attempt to manipulate share prices for profit from short positions [2][3]. Company Overview - Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform that provides essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [4]. - The company operates in four main service areas: Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions [4]. - Marex has a strong presence in major metals, energy, and agricultural products, with access to 60 exchanges globally [4]. - The company serves a diverse client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [4]. - Marex employs over 2,400 staff across more than 40 offices worldwide, covering regions in Europe, Asia, and the Americas [4]. Financial Integrity and Reporting - Marex emphasizes its commitment to high standards of integrity and compliance with regulatory requirements in all jurisdictions where it operates [3]. - The company reports its financial figures in accordance with international reporting standards (IFRS) and adheres to strict corporate governance standards [3]. - Marex is set to report its second quarter results on August 13, providing an opportunity to update the market on its performance and address analyst inquiries [3].