Bridger Aerospace Completes $49 Million Sale-Leaseback, Leveraging Real Estate Portfolio to Prioritize Fleet Growth
Globenewswire· 2025-10-28 20:05
Core Insights - Bridger Aerospace Group Holdings, Inc. has completed a sale-leaseback transaction of its headquarters and hangar facilities for approximately $49 million with SR Aviation Infrastructure, enhancing its financial flexibility and supporting fleet expansion [1][7]. Company Overview - Bridger Aerospace is one of the largest aerial firefighting companies in the U.S., providing services to federal and state agencies, including the U.S. Forest Service [6]. - The company is headquartered in Belgrade, Montana, and is committed to supporting local and state communities [2][6]. Transaction Details - The sale-leaseback involves a ten-year lease agreement, allowing Bridger to maintain its operational base for aerial firefighting missions while leveraging real estate value for capital [1][7]. - This transaction is viewed as a pivotal moment for the company, enabling it to prioritize fleet expansion and fulfill new contracts [2][4]. Strategic Goals - Bridger aims to set industry standards for efficiency and safety in aerial firefighting, focusing on acquiring advanced technology and aircraft to support new contracts with various government entities [4]. - The company emphasizes its commitment to financial resilience and community support through strategic partnerships [4]. About SR Aviation Infrastructure - SR Aviation Infrastructure, a subsidiary of SomeraRoad, specializes in acquiring and developing aviation-related real estate, addressing supply-demand imbalances in the sector [5]. - The Bridger Hangar Complex marks SRAI's third acquisition, expanding its portfolio of aviation assets [5].
Landmark Study Demonstrates Sustained Clinical Benefits of Flexitouch® Plus as First-Line Therapy in Treating Head and Neck Cancer-Related Lymphedema
Globenewswire· 2025-10-28 20:05
Core Insights - Tactile Systems Technology, Inc. presented new six-month clinical data showing sustained benefits of Flexitouch® Plus for treating lymphedema in head and neck cancer patients [1][2] Clinical Data Summary - The six-month analysis from a large randomized controlled trial indicated improvements in lymphedema symptom burden for participants using Flexitouch Plus compared to usual care [2] - Significant reductions in internal swelling were observed at 13 out of 19 anatomical sites, with notable improvements in the base of tongue (p=0.008) and arytenoids (p=0.023) [6] - Both treatment groups maintained initial patient benefits over the six-month study period, demonstrating sustained improvement in symptom burden [6] Expert Commentary - The Principal Investigator highlighted the importance of the findings, noting that up to 90% of head and neck cancer survivors develop lymphedema within a year of treatment, with many experiencing moderate to severe fibrosis [3] - The CEO of Tactile Medical emphasized the need for broader dissemination of study results to inform clinical guidelines and improve access to Flexitouch Plus for patients [4] Company Overview - Tactile Medical focuses on developing at-home therapies for chronic conditions, aiming to improve patient quality of life and reduce healthcare costs [5]
SuRo Capital Corp. to Report Third Quarter 2025 Financial Results on Tuesday, November 4, 2025
Globenewswire· 2025-10-28 20:05
Core Insights - SuRo Capital Corp. will report its financial results for Q3 2025 on November 4, 2025, after the U.S. market closes [1] - A conference call for investors will be held on the same day at 2:00 p.m. PT (5:00 p.m. ET) [2] - The company is a publicly traded investment fund focused on high-growth, venture-backed private companies [4] Company Overview - SuRo Capital aims to create a portfolio of high-growth emerging private companies through a disciplined investment approach [4] - The fund provides investors access to innovative private companies before they go public, serving as a gateway to venture capital [4] - The portfolio includes sectors such as AI infrastructure, emerging consumer brands, and advanced software solutions for both consumer and enterprise markets [4]
Mondelēz International Reports Q3 2025 Results
Globenewswire· 2025-10-28 20:05
Core Insights - Mondelēz International reported a net revenue increase of 5.9% for Q3 2025, with organic net revenue growth of 3.4% despite a volume/mix decline of 4.6% [1][5] - The diluted EPS decreased by 9.5% to $0.57, while adjusted EPS was $0.73, reflecting a 24.2% decline on a constant currency basis [1][4] - The company provided a cash flow of $2.1 billion from operating activities and a free cash flow of $1.2 billion year-to-date [1] Financial Performance - Net revenues for Q3 2025 reached $9,744 million, with a gross profit of $2,612 million, resulting in a gross profit margin of 26.8%, down 580 basis points year-over-year [3][4] - Operating income was reported at $744 million, with an operating income margin of 7.6%, a decrease of 490 basis points compared to the previous year [4][19] - Year-to-date net earnings attributable to Mondelēz International were $1,786 million, with diluted EPS of $1.37, down 35.4% year-over-year [21] Regional Performance - In Q3 2025, net revenues from Latin America were $1,238 million, up 2.8%, while Asia, Middle East & Africa reported $2,017 million, a 9.0% increase [3] - Europe saw a 10.6% increase in net revenues to $3,674 million, while North America experienced a slight decline of 0.4% to $2,815 million [3] - Emerging markets contributed $3,881 million in net revenues, reflecting a 9.9% growth, while developed markets reported $5,863 million, a 3.0% increase [3] Outlook - For FY 2025, the company expects organic net revenue growth of over 4% and a decline in adjusted EPS of approximately 15% on a constant currency basis [7][8] - The anticipated free cash flow for 2025 is projected to exceed $3 billion, with currency translation expected to positively impact net revenue growth by about 0.5% [7][8] - The company remains focused on improving volume, increasing growth investments, and driving cost efficiencies despite ongoing challenges in certain markets [2]
Shenandoah Telecommunications Company Announces 2025 Annual Dividend
Globenewswire· 2025-10-28 20:05
Core Points - Shenandoah Telecommunications Company (Shentel) declared a cash dividend of $0.11 per share, marking a 10.0% increase from the previous year's dividend [1][2] - The dividend will be payable on December 1, 2025, to shareholders of record as of November 7, 2025, representing Shentel's sixty-sixth consecutive year of annual dividends [1][2] - The increase in dividend reflects the strong performance of Shentel's Glo Fiber business and the company's confidence in future growth [2] Company Overview - Shentel provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight states in the eastern United States [2] - The company's service offerings include broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services [2] - Shentel operates an extensive regional network with over 17,700 route miles of fiber [2]
Varonis Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-10-28 20:05
Annual recurring revenues increased 18% year-over-yearSaaS ARR as a percentage of total ARR was approximately 76%Year-to-date cash from operations generated $122.7 million vs. $90.9 million last yearYear-to-date free cash flow generated $111.6 million vs. $88.6 million last yearCompany announces $150.0 million share repurchase authorization MIAMI, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, today announced financial results for the third quarter ended ...
Coherent Introduces Next-Generation Polarization-Maintaining Optical Fiber
Globenewswire· 2025-10-28 20:05
Core Insights - Coherent Corp. has launched a next-generation polarization-maintaining optical fiber aimed at enhancing performance and reliability in the high-performance fiber laser market [1][10] Product Features - The new optical fiber, designated as PLMA-EYDF-25P/300-XPH-11FA, is engineered to improve the performance, reliability, and power scalability of narrow-linewidth and single frequency 1550 nm amplifiers, particularly for long-range LIDAR applications in sectors like wind energy and advanced air traffic sensing [2] - This innovative product boasts a larger mode effective area and enhanced polarization maintaining performance, which reduces non-linear effects and allows for greater power scalability, delivering superior pointing stability and low 1 µm ASE noise [3] - When combined with its matched passive fiber (PLMA-GDF-25/300), the new fiber maximizes beam quality and polarization extinction ratio, representing a significant advancement in fiber laser technology [3] Applications - The PLMA fiber is suitable for a variety of applications, including high-precision materials processing, advanced long-range LIDAR systems, quantum technology, medical laser systems, and scientific research [4] Company Commitment - Coherent is dedicated to providing high-quality optical fiber solutions, with the new PLMA fiber exemplifying the company's commitment to innovation and excellence [5]
Western New England Bancorp, Inc. Reports Results for Three and Nine Months Ended September 30, 2025 and Declares Quarterly Cash Dividend
Globenewswire· 2025-10-28 20:05
WESTFIELD, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three and nine months ended September 30, 2025. For the three months ended September 30, 2025, the Company reported net income of $3.2 million, or $0.16 per diluted share, compared to net income of $1.9 million, or $0.09 per diluted share, for the three months ended Se ...
Enphase Energy Reports Financial Results for the Third Quarter of 2025
Globenewswire· 2025-10-28 20:05
FREMONT, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, announced today financial results for the third quarter of 2025, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $410.4 million in the third quarter of 2025, along with 49.2% for non-GAAP gross margin. We shipped approximately 1.77 million ...
OrthoPediatrics Corp. Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-10-28 20:05
Core Insights - OrthoPediatrics Corp. reported a 12% year-over-year increase in total revenue for Q3 2025, reaching $61.2 million, and a 56% increase in adjusted EBITDA to $6.2 million [4][15][17] Financial Performance - Total revenue for Q3 2025 was $61.2 million, up from $54.6 million in Q3 2024, with U.S. revenue increasing by 14% to $48.7 million, representing 80% of total revenue [4][6] - International revenue grew by 6% to $12.5 million, accounting for 20% of total revenue, driven by strong performance in Trauma and Deformity, Scoliosis, and OP Specialty Bracing [4][6] - Trauma and Deformity revenue increased by 17% to $44.1 million, while Scoliosis revenue rose by 4% to $16.3 million [5][31] - Gross profit for Q3 2025 was $45.3 million, a 13% increase from $40.1 million in Q3 2024, with a gross profit margin of 74% [6][7] - Operating expenses increased by 20% to $54.7 million, primarily due to restructuring charges and increased non-cash stock compensation [8][10] Strategic Initiatives - The company aims to achieve free cash flow break-even by 2026 through strategic initiatives such as scaling OPSB and introducing innovative products [3] - OrthoPediatrics completed its first procedures with the VerteGlide™ Spinal Growth Guidance System and received FDA approval for the 3P™ Pediatric Plating Platform™ Small-Mini System [6][17] Guidance and Outlook - Full year 2025 revenue guidance is set between $233.5 million and $234.5 million, reflecting a growth of 14% to 15% compared to the previous year [17] - The company reiterated its annual set deployment target of $15.0 million and adjusted EBITDA guidance of $15.0 million to $17.0 million for the full year [17]