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Duluth Holdings Inc. to Report First Quarter 2025 Financial Results on June 5
GlobeNewswire· 2025-05-22 09:45
Group 1 - Duluth Trading Company will report its first quarter 2025 financial results on June 5, 2025, before market opening [1] - A conference call and audio webcast for analysts and investors will take place on the same day at 9:30 am Eastern Time to discuss the results [1] - The company provides a unique customer experience through humor and storytelling in its marketing, emphasizing the quality of its casual wear and workwear [2] Group 2 - Duluth Trading is based in Mount Horeb, Wisconsin, and focuses on high-quality, solution-based apparel for a hands-on lifestyle [2] - The company operates through a content-rich website, catalogs, and distinctive retail locations, ensuring a strong customer service commitment with its "No Bull Guarantee" [2] - Investors can access the conference call replay until June 12, 2025, using specific domestic and international numbers [3]
Summary of the Investor Conference webinar of the 9-month unaudited results of AB Akola Group for the financial year 2024/2025
GlobeNewswire· 2025-05-22 09:35
On 22 May 2025, AB Akola Group held a webinar, and the company's CFO, Mažvydas Šileika, presented the financial results for the 9 months of the 2024/2025 financial year. A webinar record can be viewed on Nasdaq's YouTube account at: https://youtu.be/AqqjR9R77PQ Attached: presentation demonstrated at the webinar. For more information: CFO of AB Akola Group Mažvydas ŠileikaMob. +370 619 19 403E-mail m.sileika@akolagroup.lt Attachment 2025.05.22 webinar 2024-2025 9M ...
Philippine Stock Exchange Adopts Nasdaq Eqlipse Trading to Enhance Market Infrastructure
GlobeNewswire News Room· 2025-05-22 09:01
Core Viewpoint - Nasdaq and the Philippine Stock Exchange (PSE) are enhancing their technology partnership by upgrading PSE's trading infrastructure to Nasdaq's advanced platform, Nasdaq Eqlipse Trading, which aims to improve liquidity and resilience in the Philippine marketplace [1][5]. Group 1: Technology Partnership - The upgrade to Nasdaq Eqlipse Trading represents a significant investment by Nasdaq to modernize and strengthen its platform capabilities, allowing for enhanced functionality such as pre-trade risk management and advanced options pricing [2][4]. - PSE's decision to renew its partnership with Nasdaq is driven by the need for a reliable trading system that meets current and future requirements, emphasizing the importance of technology in PSE's strategic agenda [3][5]. Group 2: Market Impact - The Nasdaq Eqlipse platform is part of a broader initiative to develop a fully interoperable suite of solutions across trading, clearing, and data intelligence, marking a major milestone in Nasdaq's investment cycle [4]. - Nasdaq's technology is utilized by 97% of globally significant banks and half of the world's top 25 stock exchanges, indicating its critical role in enhancing market infrastructure and operational efficiency [6]. Group 3: Economic Context - The partnership aligns with the rapid economic growth of the Philippines, positioning Nasdaq to support local and global banks in navigating challenges and innovating in a digital and AI-driven environment [6]. - Nasdaq's presence in the Philippines is part of its strategy to drive modernization in the financial services industry, contributing to regulatory compliance and simplifying capital market operations [5][6].
Computer Modelling Group Announces Year-End Results
GlobeNewswire· 2025-05-22 09:00
Core Viewpoint - Computer Modelling Group Ltd. reported financial results for the fiscal year ending March 31, 2025, highlighting challenges in organic growth due to macroeconomic factors and a low oil price environment, while also noting revenue growth supported by acquisitions [4][8]. Financial Performance Summary - Total revenue for Q4 2025 increased by 4% to $33.7 million, with a 13% organic decline and a 17% growth from acquisitions [8][9]. - Recurring revenue rose by 16% to $24.2 million, with a 7% organic decline and a 23% growth from acquisitions [8][9]. - Adjusted EBITDA increased by 2% to $10.5 million, with an adjusted EBITDA margin of 31%, down from 32% in the previous year [8][9]. - Earnings per share decreased by 33% to $0.06, while free cash flow decreased by 26% to $7.0 million [8][9]. Year-End Financial Highlights - Total revenue for the fiscal year increased by 19% to $129.4 million, with a 1% organic decline and a 20% growth from acquisitions [8][9]. - Recurring revenue for the year increased by 13% to $86.8 million, with a 1% organic growth and a 12% growth from acquisitions [8][9]. - Adjusted EBITDA for the year increased by 2% to $44.0 million, with an adjusted EBITDA margin of 34%, down from 40% in the previous year [8][9]. - Free cash flow for the year decreased by 22% to $27.6 million [8][9]. Dividend Announcement - The Board of Directors approved a cash dividend of $0.05 per common share for Q4 2025, to be paid on June 13, 2025 [10]. Future Outlook - For fiscal 2026, the company anticipates a reduction of $6 - $7 million in professional services revenue compared to fiscal 2025, which may challenge total revenue growth [5]. - The company aims to shift its revenue mix towards a higher percentage of software revenue, with the reduction in professional services being a natural part of this shift [5][6].
BingEx Limited Announces First Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-05-22 09:00
Core Viewpoint - BingEx Limited, a leading on-demand dedicated courier service provider in China, reported its unaudited financial results for Q1 2025, highlighting a strategic focus on enhancing service quality and expanding market penetration, particularly in lower-tier cities [1][3]. Financial Performance - Revenues for Q1 2025 were RMB 960.8 million (US$ 132.4 million), a decrease from RMB 1,107.7 million in Q1 2024, primarily due to a decline in order volume amid intensified market competition [4][8]. - Gross profit was RMB 126.7 million (US$ 17.5 million), compared to RMB 130.3 million in the same period of 2024, with a gross profit margin of 13.2%, up from 11.8% year-over-year [5][8]. - The company reported a net loss of RMB 10.3 million (US$ 1.4 million) in Q1 2025, a significant decline from a net income of RMB 64.6 million in Q1 2024 [10][11]. Operating Expenses - Total operating expenses increased by 27.0% to RMB 116.7 million (US$ 16.1 million) from RMB 91.9 million in Q1 2024 [5]. - Selling and marketing expenses rose by 10.0% to RMB 49.3 million (US$ 6.8 million), attributed to higher share-based compensation and staff costs [6]. - General and administrative expenses surged by 46.9% to RMB 37.9 million (US$ 5.2 million), mainly due to increased professional fees and share-based compensation [7]. Operational Metrics - The number of orders fulfilled in Q1 2025 was 58.0 million [8]. - Cash and cash equivalents, along with restricted cash and short-term investments, totaled RMB 787.2 million (US$ 108.5 million) as of March 31, 2025 [12]. Strategic Focus - The company emphasized a user-centric approach to deepen understanding of diverse user needs and preferences, while exploring innovative cross-industry collaborations to enhance brand awareness [3]. - The commitment to advancing the on-demand, dedicated courier model aims to deliver a more convenient and reliable experience to a broader user base [3].
Aurora Mobile's Overseas Cumulative Contract Value Surpasses RMB100 Million, Fueled by New Contracts in First Quarter of 2025
GlobeNewswire News Room· 2025-05-22 09:00
Core Insights - Aurora Mobile Limited has achieved a cumulative contract value exceeding RMB100 million for its overseas businesses as of March 31, 2025, with new contracts valued over RMB50 million signed in the first quarter of 2025 [1][2][3] Company Overview - Founded in 2011, Aurora Mobile is a leading provider of customer engagement and marketing technology services in China, focusing on stable and efficient messaging services for enterprises [4] - The company has developed innovative solutions such as Cloud Messaging and Cloud Marketing to facilitate omnichannel customer reach and interaction, alongside AI and big data-driven marketing technology solutions for digital transformation [4] Product Development - In 2022, Aurora Mobile launched EngageLab, a product aimed at overseas markets, which has quickly gained market recognition and competitive advantage, contributing significantly to the company's overseas revenue growth [2][3] - EngageLab has attracted customers from 37 countries and regions, establishing a solid foundation for the company's future development [2] Leadership Commentary - Mr. Weidong Luo, Chairman and CEO, highlighted the achievement of surpassing RMB50 million in contract value for overseas business in a single quarter as a historic milestone, reflecting the global recognition of EngageLab and its competitive edge in multi-channel user engagement solutions [3]
A document permitting construction issued for the transport infrastructure improvement project at Gerosios Vilties and Geležinio Vilko streets, nearby the future multifunctional complex Akropolis Vingis in Vilnius  
GlobeNewswire· 2025-05-22 08:38
Core Points - The Vilnius City Municipality has issued a construction permit for the transport infrastructure improvement project near the Akropolis Vingis multifunctional complex [1][3] - The CEO of Akropolis Group stated that this is the last document needed for the development of the Akropolis Vingis complex, and they are updating the project budget and evaluating financing options [2] - The infrastructure improvement project aims to enhance traffic throughput capacity and safety at the intersection of Gerosios Vilties and Geležinio Vilko streets [4][5] Infrastructure Improvements - The project includes the construction of a roundabout, an underground car entrance, and a modern underground pedestrian and cyclist crossing [4] - After implementation, the intersection will facilitate continuous traffic flow, benefiting pedestrians, cyclists, and drivers [5] - Three additional traffic infrastructure improvement projects have been prepared, involving streets adjacent to Akropolis Vingis, developed in cooperation with the Vilnius City Municipality [6] Project Timeline - Design proposals for two of the traffic improvement projects were presented to the public in January 2023, with municipal approval in spring 2023 [7] - Construction permits for the Eigulių street project were issued in November 2024, while permits for Gerosios Vilties and Geležinio Vilko streets are expected in May 2025 [7] Ongoing Developments - Some infrastructure improvements are already underway, including the construction of a section of Eigulių street, which will provide access to the adjacent reVINGIS quarter [8] - All public infrastructure work is funded by the Akropolis Vingis project developer, with operational permits for the multifunctional complex contingent on the completion of these improvements [9] Multifunctional Complex Features - The Akropolis Vingis complex will include shopping, service, and recreational areas, a concert hall, a food hall, a conference center, a multiplex cinema, offices, and long-term residential apartments [10] - The complex will also feature approximately 4,500 parking spaces and prioritize pedestrian and cyclist traffic with new paths and recreational areas [11]
Lin-gang Meet Love Encountering China Tourism Day: Themed concert at Dishui Lake Tourist Resort lights up the “Young City”
GlobeNewswire· 2025-05-22 08:25
SHANGHAI, May 22, 2025 (GLOBE NEWSWIRE) -- Today at Dishui Lake, the “Young City” Lin-gang hosted a vibrant and passionate themed concert at the lake tourist resort to welcome the 14th China Tourism Day and celebrate the “Lin-gang · Meet Love” theme month aligning with May 20 – a day widely celebrated in China as a symbol of love because “520” sounds like “I love you” in Chinese. Lin-gang Special Area has thoughtfully planned a series of sweet and immersive activities loved by young people, further gatheri ...
Resolutions adopted by the Annual General Meeting of Shareholders of AS Tallinna Vesi 22.05.2025
GlobeNewswire· 2025-05-22 08:20
The Management Board of Aktsiaselts Tallinna Vesi (hereinafter the Company) convened the Annual General Meeting of Shareholders with the proposal for the resolutions set out below to be adopted by shareholders. The notice about convening the Annual General Meeting was published in the stock exchange information system and on the Company´s website on 30 April 2025 and in the daily newspaper Postimees. Votes were submitted by a total of 23 shareholders of the Company, whose votes represented 15 105 048 of t ...
Investeringsforeningen Nykredit Invest Balance suspenderer handel med udvalgte afdelinger
GlobeNewswire· 2025-05-22 08:16
Core Viewpoint - Nykredit Portefølje Administration A/S has requested the suspension of selected funds due to technical challenges preventing the accurate calculation of Net Asset Value (NAV) [1] Fund Suspension Details - The suspension will be lifted once accurate pricing can be provided [1] - The following funds are affected by the suspension: - Defensiv KL (ISIN: DK0016188733, Order Book Code: NBIDEKL) - Moderat KL (ISIN: DK0016188816, Order Book Code: NBIMOKL) - Offensiv KL (ISIN: DK0060441749, Order Book Code: NBIOFKL) [1]