Core Viewpoint - Vertex, Inc. reported strong financial results for Q2 2025, with double-digit revenue growth and healthy profitability, despite challenges in contract signings due to extended sales cycles and delayed customer decision-making [2][4]. Financial Performance - Total revenues reached $184.6 million, reflecting a year-over-year increase of 14.6% [5]. - Software subscription revenues amounted to $157.8 million, up 15.7% year-over-year [5]. - Cloud revenues grew significantly by 29.9% to $86.2 million [5]. - Annual Recurring Revenue (ARR) was $636.6 million, a 16.1% increase year-over-year, with a 14.1% growth excluding the impact of the ecosio acquisition [5]. - Average Annual Revenue per direct customer (AARPC) increased to $130,934 from $123,570 a year ago [5]. - Net Revenue Retention (NRR) was 108%, slightly down from 110% a year ago [5]. - Gross Revenue Retention (GRR) remained stable at 95% [5]. Profitability Metrics - The company reported a loss from operations of $3.9 million, compared to an income of $7.5 million in the same period last year [5]. - Non-GAAP operating income was $32.2 million, down from $33.3 million year-over-year [5]. - Net loss was $1.0 million, compared to a net income of $5.2 million in the prior year [5]. - Non-GAAP net income stood at $24.9 million, with diluted earnings per share (EPS) of $0.15 [5]. Financial Outlook - For Q3 2025, Vertex expects revenues between $190.0 million and $193.0 million, and Adjusted EBITDA between $38.0 million and $40.0 million [6]. - The full-year 2025 revenue guidance has been reduced due to the impact of delayed contract signings [4][6]. Customer Metrics - The total number of direct customers was 4,862 as of June 30, 2025, showing a slight decrease from the previous quarter [20]. - Indirect customers increased to 504, up from 481 in the previous quarter [20]. Cash Flow and Liquidity - Cash and cash equivalents were reported at $284.4 million as of June 30, 2025 [26]. - The company generated net cash provided by operating activities of $60.8 million [32]. Strategic Insights - The company remains optimistic about future growth driven by increasing complexity in indirect taxes and the ongoing shift to ERP cloud conversions and e-invoicing mandates [2].

Core Insights - MannKind Corporation reported a 6% increase in revenues for Q2 2025, totaling $76.5 million compared to $72.4 million in Q2 2024, driven by higher sales of Afrezza and royalties from Tyvaso DPI [6][9] - The company submitted a supplemental Biologics License Application (sBLA) for Afrezza in pediatric patients, marking a significant milestone [2][7] - MannKind is advancing its orphan lung pipeline, with the ICoN-1 trial for inhaled clofazimine ahead of schedule and plans to initiate a Phase 2 trial for nintedanib DPI by the end of 2025 [4][5] Financial Performance - Year-to-date revenues for 2025 reached $154.9 million, a 12% increase from $138.6 million in the same period of 2024 [11][13] - Afrezza sales in Q2 2025 were $18.3 million, up 13% from $16.3 million in Q2 2024 [8][9] - The company reported a net income of $0.7 million for Q2 2025, compared to a net loss of $2.0 million in Q2 2024, reflecting a $2.7 million improvement [12][24] Research and Development - Research and development expenses increased by 16% in Q2 2025, primarily due to ongoing patient enrollment in the ICoN-1 study and increased personnel costs [12][20] - The company plans to initiate a Phase 2 clinical trial for nintedanib DPI for idiopathic pulmonary fibrosis (IPF) by the end of 2025 [5][20] Market Position and Strategy - MannKind's majority of revenue and future pipeline programs are derived from its U.S.-based manufacturing facility in Danbury, CT, which mitigates potential tariff exposure [8] - The company is focused on developing innovative inhaled therapeutic products to address unmet medical needs in diabetes and orphan lung diseases [16][17]

Core Insights - Avista Corp. reported a net income of $14 million for Q2 2025, a decrease from $23 million in Q2 2024, and year-to-date net income of $93 million, slightly down from $94 million in the same period last year [1][2][3] - Earnings per diluted share for Q2 2025 were $0.17, down from $0.29 in Q2 2024, while year-to-date earnings per diluted share were $1.15, compared to $1.20 in 2024 [1][2][3] - The company expressed disappointment over lower valuations in its investment portfolio, particularly in clean technology, due to shifting public policy and sentiment [1] Financial Performance - Avista Utilities contributed $23 million to net income in Q2 2025, down from $24 million in Q2 2024, and $101 million year-to-date, up from $91 million [1][2] - AEL&P's net income remained stable at $1 million for both Q2 2025 and Q2 2024, but year-to-date income decreased from $5 million in 2024 to $4 million in 2025 [1][2] - The other non-reportable segment incurred a loss of $10 million in Q2 2025, compared to a loss of $2 million in Q2 2024, and a loss of $12 million year-to-date, up from $2 million in 2024 [1][2] Revenue and Margins - Electric utility margin increased by $14 million in Q2 2025, attributed to general rate cases, customer growth, and non-decoupled load growth [4] - Natural gas utility margin rose by $5 million in Q2 2025, also due to general rate cases and customer growth [4] - Other operating expenses increased by $11 million in Q2 2025, driven by higher employee salaries, benefits, and thermal generation costs [5] Capital Expenditures and Investments - Avista Utilities' capital expenditures for the first half of 2025 were $236 million, with expectations of approximately $525 million for the full year [11][12] - AEL&P's capital expenditures were $10 million in the first half of 2025, with a projected total of $21 million for the year [12] - The company plans to invest $5 million in non-regulated investment opportunities and economic development projects in 2025 [13] Guidance and Outlook - Avista Corp. confirmed its 2025 consolidated earnings guidance in the range of $2.52 to $2.72 per diluted share, expecting to be at the low end due to losses in other businesses [14] - Avista Utilities is projected to contribute earnings between $2.43 and $2.61 per diluted share, supported by strong performance and regulatory outcomes [15] - AEL&P is expected to contribute earnings in the range of $0.09 to $0.11 per diluted share in 2025 [16]

Revenues Increased by 37%; GAAP Operating Income of $5.7 Million; Adjusted EBITDA of $11.8 Million Raises Midpoint of 2025 Revenue and EBITDA Guidance PETAH TIKVA, Israel, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter, ended June 30, 2025. Second Quarter 2025 Financial Highlights Revenues of $105 million, up 37% compared with $76.6 mil ...

VERO BEACH, Florida, Aug. 06, 2025 (GLOBE NEWSWIRE) -- ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced that it has priced an underwritten public offering of 18,500,000 shares of its common stock for total estimated gross proceeds of approximately $302,475,000 (or approximately $347,846,250 if the option to purchase additional shares is exercised in full). ARMOUR has granted the underwriters a 30-day option to purchase up to 2,775,000 additional shares of its ...

Core Viewpoint - Orion Energy Systems, Inc. reported a slight decline in total revenue for Q1'26 but maintained a positive outlook for FY 2026, projecting a revenue growth of approximately 5% to $84 million, which could lead to positive adjusted EBITDA for the fiscal year [1][11]. Financial Performance - Q1'26 total revenue was $19.6 million, down 2% from $19.9 million in Q1'25, with LED lighting revenue increasing by 1% to $12.9 million, EV charging revenue decreasing by 30% to $2.7 million, and maintenance revenue rising by 21% to $4.0 million [2][7][23]. - Gross profit for Q1'26 was $5.9 million, a 37% increase from $4.3 million in Q1'25, resulting in a gross profit margin of 30.1%, up from 21.6% in the prior year [2][14]. - The net loss improved to $1.2 million in Q1'26 from $3.8 million in Q1'25, with net loss per share improving from $(0.12) to $(0.04) [2][16]. - Adjusted EBITDA for Q1'26 was $0.2 million, compared to a loss of $(1.8 million) in Q1'25, marking the third consecutive quarter of positive adjusted EBITDA [2][6][16]. Segment Performance - LED lighting revenue showed resilience with a slight increase, while the EV charging segment faced challenges due to a tough comparison with the previous year and a slowdown in project activity [5][7]. - Maintenance services revenue increased significantly, reflecting new customer contracts and expanded relationships with existing customers [23]. Strategic Initiatives - The company is focusing on enhancing its LED lighting distribution business with new products and improved go-to-market strategies, aiming for a return to growth [8]. - Orion has secured contracts worth up to $7 million for electrical infrastructure and LED lighting projects from automotive customers, indicating strong customer relationships and confidence in future business [9]. Outlook - Orion anticipates a revenue growth of 5% for FY 2026, which should position the company to achieve positive adjusted EBITDA, with potential upside if economic and policy uncertainties stabilize [11][12]. - The company is optimistic about its project pipeline, including a multi-year LED lighting retrofit contract expected to generate $12 million to $18 million over several years [13].

Core Insights - Wabash has expanded its partnership with Excel Trailer Group to enhance service offerings and extend its dealer network across the Southeast, specifically into North and South Carolina [1][2][5] Group 1: Partnership Expansion - The expanded partnership aims to improve customer access to trailers, parts, and services throughout the United States, thereby strengthening Wabash's dealer network in the Southeast [2][5] - Excel Truck Group operates 12 locations across Virginia, North Carolina, and South Carolina, including established service hubs and a new dealership in Rock Hill, SC [3][7] Group 2: Service and Support - Excel Trailer will provide sales and service support for Wabash's complete truck body and trailer portfolio, enhancing customer access to Wabash trailers and genuine parts [4][5] - The partnership emphasizes the importance of exceptional customer service and scalable infrastructure, which are critical for reducing downtime and maintaining smooth operations for customers [4][5] Group 3: Company Profiles - Wabash combines physical and digital technologies to deliver innovative supply chain solutions across transportation, logistics, and infrastructure markets, with a focus on optimizing operations [6] - Excel Truck Group is a family-run dealership network that offers a wide range of trailer and truck solutions, serving various industries including transportation, construction, and logistics [7]

Core Insights - The FDA has accepted a New Drug Application (NDA) for a new formulation of Lantheus' F 18 PSMA imaging agent, with a PDUFA date set for March 6, 2026 [1][2][3] - The new formulation aims to increase batch size by approximately 50%, enhancing patient access and supply resilience [1][3] - PYLARIFY, the current market-leading PSMA PET imaging agent, has shown an 86% median true-positive rate in diagnosing recurrent prostate cancer [2][3] Company Developments - Lantheus is focused on advancing prostate cancer imaging through sustainable innovation, with the new formulation expected to improve patient access and streamline operations [3][4] - The new formulation is designed to optimize the manufacturing process, increasing the radioactive concentration of the agent [3] - The company has a strong market presence, with PYLARIFY being the number one ordered PSMA PET imaging agent in the U.S., supported by over 500,000 scans [6] Industry Context - Prostate cancer is the second most frequently diagnosed cancer in the U.S., with estimates suggesting nearly 315,000 new cases and over 35,000 deaths in 2025 [4] - Projections indicate that annual prostate cancer cases could nearly double to 2.9 million by 2040, driven by aging populations and increased life expectancy [4] - The growing burden of prostate cancer highlights the need for accurate and early detection methods, positioning Lantheus for continued leadership in this area [3][4]

Core Insights - Brookfield Asset Management reported strong financial results for Q2 2025, with fee-related earnings increasing by 16% year-over-year and distributable earnings up by 12% [2][3][10] - The company has announced over $55 billion in asset sales to date in 2025, reflecting robust demand in sectors where it holds leadership positions [3][20] - Significant fundraising activities were highlighted, with $22 billion raised in the quarter and $97 billion over the last twelve months, indicating strong capital inflows [2][11] Financial Performance - Fee-related earnings (FRE) for Q2 2025 reached $676 million, or $0.42 per share, compared to $583 million, or $0.36 per share, in Q2 2024 [4][10] - Distributable earnings (DE) for the quarter were $613 million, or $0.38 per share, up from $548 million, or $0.34 per share, in the prior year [6][10] - Net income attributable to Brookfield Asset Management was $620 million for the quarter, a 25% increase from $495 million in Q2 2024 [6][24] Asset Management and Fundraising - Fee-bearing capital increased by 10% to $563 billion over the last twelve months, driven by strong capital raising and market recovery [8][9] - The company raised $22 billion in Q2 2025, with nearly 70% coming from complementary strategies [11] - Notable fundraising included $1.5 billion in renewable power, $1.7 billion in infrastructure, $1.3 billion in private equity, and $1.8 billion in real estate [13] Asset Sales and Investments - Brookfield has sold $12 billion in real estate assets, $9.5 billion in infrastructure assets, and $5.8 billion in renewable power assets in 2025 [20] - Recent transactions included significant sales such as Aveo Group for $2.4 billion and a U.S. hydropower portfolio for $5.8 billion [20] - The company also announced a partnership with Google for a hydroelectric capacity project and an investment in Sweden for digital infrastructure [12][21] Dividends and Shareholder Returns - The board declared a quarterly dividend of $0.4375 per share, payable on September 29, 2025 [7] - The increase in net income and earnings per share reflects the company's commitment to delivering value to shareholders [6][10]

Financial Performance - MRC Global reported second quarter 2025 revenue of $798 million, a 12% increase from the first quarter of 2025, with all sectors contributing to this growth [3][10][14] - Adjusted EBITDA for the second quarter of 2025 was $54 million, representing 6.8% of sales, compared to $65 million or 8.1% of sales in the same period of 2024 [11][61] - Net income from continuing operations for the second quarter of 2025 was $13 million, down from $30 million in the second quarter of 2024 [6][7] Sector Performance - The Production and Transmission Infrastructure (PTI) sector led the revenue growth with a 26% increase sequentially, driven by robust project activity [3][19] - Gas Utilities sector revenue increased by 10% sequentially, supported by increased construction projects [3][19] - The Downstream, Industrial, and Energy Transition (DIET) sector experienced a slight decline compared to the same quarter a year ago, but showed a 1% increase sequentially [14][20] Merger Agreement - MRC Global announced a merger agreement with DNOW Inc., which is expected to create a premier energy and industrial solutions provider [4][25] - The merger is subject to shareholder and regulatory approvals, with an anticipated closing in the fourth quarter of 2025 [25][26] Shareholder Returns - The company returned $15 million to shareholders through share repurchases at an average price of $12.35 per share during the second quarter of 2025 [3][24] - The share repurchase program has been suspended due to the pending merger with DNOW [24] Balance Sheet and Cash Flow - As of June 30, 2025, MRC Global had a cash balance of $75 million and long-term debt of $449 million [23] - The company's backlog was $589 million, a 2% decrease from the previous quarter, primarily due to a decline in the PTI sector backlog [22]