The Joint Corp. Announces Christopher M. Grandpre Elected as Director
GlobeNewswire· 2025-05-22 11:05
Core Insights - The Joint Corp. has elected Christopher M. Grandpre to its board of directors to support long-term growth objectives including new clinic openings, system-wide sales, comparable sales, and Adjusted EBITDA [1][2] Company Overview - The Joint Corp. is the largest provider of chiropractic care in the U.S. through The Joint Chiropractic network, focusing on making chiropractic care accessible and affordable without the need for insurance [5] - The company operates over 950 locations nationwide and has more than 14 million patient visits annually, positioning itself as a leader in the chiropractic industry [5] Leadership and Expertise - Christopher M. Grandpre brings over 30 years of experience in multi-branded franchise companies and M&A investment banking, having served as chairman of Empower Brands, which has sales exceeding $1.5 billion [3][4] - Grandpre's background includes founding Outdoor Living Brands and holding executive roles at various financial institutions, providing a unique perspective to The Joint's leadership [3][4] Business Model and Strategy - The Joint Corp. revolutionized chiropractic care access with its retail healthcare business model introduced in 2010, focusing on convenience and affordability for patients [5] - The company is recognized in various industry rankings, including Franchise Times' "Top 400" and Entrepreneur's "Franchise 500," highlighting its growth and innovation in the franchise sector [5]
Marsh & McLennan: The Strongest Moat On The Field
Seeking Alpha· 2025-05-22 11:02
Group 1 - The article emphasizes the importance of compounding knowledge in investment strategies [1] - It highlights a long-term investment approach, referencing a personal investment history of over 20 years [1] - The influence of renowned investors like Warren Buffett and Charlie Munger is noted, suggesting a value-oriented investment philosophy [1] Group 2 - The article does not provide specific company or industry insights, focusing instead on personal investment philosophy and experience [2][3]
Analog Devices Reports Fiscal Second Quarter 2025 Financial Results
Prnewswire· 2025-05-22 11:01
Financial Performance - Analog Devices, Inc. reported revenue of $2.64 billion for the second quarter of fiscal 2025, representing a 22% increase year-over-year from $2.16 billion in the same quarter of the previous year [3][31] - The gross margin for the quarter was $1.61 billion, with a gross margin percentage of 61.0%, up from 54.7% a year ago, reflecting a 630 basis points improvement [3][33] - Operating income increased by 76% to $678 million, with an operating margin of 25.7%, compared to 17.9% in the prior year [3][33] - Diluted earnings per share (EPS) rose 87% to $1.14, compared to $0.61 in the same quarter last year [3][33] Adjusted Results - Adjusted gross margin was $1.83 billion, with an adjusted gross margin percentage of 69.4%, up from 66.7% year-over-year [3][33] - Adjusted operating income was $1.09 billion, with an adjusted operating margin of 41.2%, compared to 39.0% in the previous year [3][33] - Adjusted diluted EPS for the quarter was $1.85, a 32% increase from $1.40 in the same quarter last year [3][34] Cash Flow and Shareholder Returns - The company generated $819 million in net cash from operating activities, representing 31% of revenue, and $729 million in free cash flow, or 28% of revenue [3][29] - Analog Devices returned $740 million to shareholders through dividends and stock repurchases during the second quarter [7][29] - A quarterly cash dividend of $0.99 per share was declared, payable on June 18, 2025 [9] Market Outlook - For the third quarter of fiscal 2025, the company forecasts revenue of $2.75 billion, with an expected operating margin of approximately 27.2% and adjusted operating margin of approximately 41.5% [5][36] - Reported EPS is anticipated to be $1.23, with adjusted EPS expected to be $1.92 [5][36] Revenue Trends by End Market - Revenue growth was observed across all end markets, with industrial revenue at $1.16 billion (44% of total revenue), automotive at $849 million (32%), consumer at $318 million (12%), and communications at $315 million (12%) [31][32] - Year-over-year growth rates for these segments were 17% for industrial, 32% for automotive, 12% for consumer, and 32% for communications [31][32]
Accelsius Joins ARPA-E COOLERCHIPS Project to Advance Hybrid Cooling Technologies for the Data Center of the Future
GlobeNewswire· 2025-05-22 11:00
Group 1: Project Overview - Accelsius has been selected as a key contributor to the U.S. Department of Energy's ARPA-E COOLERCHIPS project, focusing on developing a next-generation hybrid cooling architecture for data centers [1][3] - The project aims to reduce total cooling energy consumption to less than 5% of a data center's IT load while maintaining reliability and enabling high-density computing [3] Group 2: Technology and Contributions - Accelsius will provide its proprietary MR250, a multi-rack, in-row, 250kW two-phase Coolant Distribution Unit (2P CDU), for system-level testing at the UT Arlington campus [2] - The MR250 is expected to be generally available by late 2025, enhancing the project's test infrastructure [2] Group 3: Collaboration and Impact - The collaboration between Accelsius and The University of Texas at Arlington is expected to advance the understanding and benchmarking of two-phase, direct-to-chip cooling technologies [3][4] - Industry leaders express excitement about the potential impact of this collaboration on U.S. leadership in next-generation data center efficiency [4] Group 4: Company Background - Accelsius, founded by Innventure, Inc. (NASDAQ:INV), specializes in advanced cooling solutions that help data center and edge operators achieve business, financial, and sustainability goals [5] - The company's NeuCool platform offers best-in-class thermal efficiencies through a safe, two-phase liquid cooling system scalable from single racks to entire data centers [5]
Sernova Biotherapeutics Appoints World-Class Clinical Advisory Board to Support Development of Cell Pouch Bio-hybrid Organ as Functional Cure for Type 1 Diabetes
GlobeNewswire· 2025-05-22 11:00
Core Insights - Sernova Biotherapeutics has formed a Clinical Advisory Board to guide the development of its Cell Pouch Bio-hybrid Organ as a potential functional cure for type 1 diabetes (T1D) [1][7] Group 1: Clinical Advisory Board Composition - The board consists of five members, chaired by Dr. Robert Gabbay, who has extensive experience in diabetes care and research [2] - Other notable members include: - Dr. Mark Atkinson, a leading researcher in T1D with over 750 publications [3] - Dr. Melena Bellin, an expert in islet cell transplantation for T1D [4] - Dr. Andrew Posselt, a surgeon-scientist specializing in transplant immunology [5] - Dr. Holger Russ, who focuses on regenerative medicine and autoimmune type 1 diabetes [6] Group 2: Company Overview and Technology - Sernova Biotherapeutics is a clinical-stage company developing regenerative medicine therapeutics, specifically the Cell Pouch integrated with human donor cells or stem-cell derived islet-like clusters [8] - The Cell Pouch is designed to create bio-hybrid organs that restore or enhance organ function, initially targeting T1D and thyroid disorders [9]
Lantronix Awarded 2025 TMC Labs Innovation Award for Its SmartLV IoT Cellular Gateway
GlobeNewswire· 2025-05-22 11:00
Core Insights - Lantronix Inc. has been awarded the 2025 TMC Labs Innovation Award for its SmartLV IoT cellular gateway, which is recognized as the first AI-enabled IoT Edge Compute Cellular Gateway powered by the Qualcomm IQ-615 processor [1][2][3] Company Overview - Lantronix is a global leader in compute and connectivity IoT solutions, focusing on high-growth markets such as Smart Cities, Enterprise, and Transportation [6] - The company emphasizes innovation and has a long-term partnership with Qualcomm to deliver advanced IoT solutions [3][6] Product Features - The SmartLV is designed for low-voltage substations and distribution automation applications, aimed at enhancing real-time visibility, control, and automation in the energy sector [4] - It incorporates advanced cybersecurity protocols and AI capabilities, ensuring secure operations for mission-critical applications [5] - The gateway provides Distribution System Operators (DSOs) with the ability to control energy distribution precisely when and where needed [4][5][6]
Trident Resources Announces Appointment of Canadian Mining Hall of Famer Ron Netolitzky as a Strategic Advisor
GlobeNewswire· 2025-05-22 11:00
Core Viewpoint - Trident Resources Corp. has appointed renowned geologist Ronald Netolitzky as an advisor to enhance its exploration efforts in the La Ronge Gold belt, leveraging his extensive experience in mineral exploration and operations in Canada [1][4]. Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company listed on the TSX Venture Exchange, focusing on the acquisition, exploration, and development of advanced-stage gold and copper projects in Saskatchewan, Canada [9]. Key Appointments - Ronald Netolitzky, an accomplished Canadian geologist, has been responsible for significant mineral discoveries in Canada, including the Snip and Eskay Creek properties, and has been involved in 12 major corporate transactions throughout his career [2][3]. - Jon Wiesblatt, Trident's CEO, expressed confidence that Netolitzky's guidance will be crucial for unlocking value in the company's gold assets [4]. Marketing and Liquidity Engagements - Trident has engaged Velocity Trade Capital Ltd. to provide market-liquidity services for a fee of CAD $6,000 per month, starting May 6, 2025, to improve trading liquidity and reduce volatility [5]. - Market One Media Group Inc. has been contracted for a 12-month marketing campaign at a cost of CAD $46,000, which includes producing corporate videos and editorial articles [6]. - Winning Media LLC will provide digital media marketing services for three months, starting May 19, 2025, for an upfront fee of USD $50,000 [7]. Project Focus - The company is advancing its 100% owned Contact Lake and Greywacke Lake projects, which host significant historical gold resources in the La Ronge Gold Belt, as well as the Knife Lake copper project with a historical copper resource [9].
Enthusiast Gaming Announces Strategic Partnership with Mediacube to Expand Advertising Reach Across Global Creator Network
GlobeNewswire· 2025-05-22 11:00
Core Insights - Enthusiast Gaming has announced a strategic partnership with Mediacube, enhancing its media inventory and access to a larger network of YouTube creators [1][2] - The partnership aims to provide brands with expanded access to Gen Z and Millennial audiences through premium advertising opportunities [2][4] - Mediacube selected Enthusiast Gaming for its proven ability to help brands authentically engage in the gaming space, creating new monetization paths for creators [3] Company Overview - Enthusiast Gaming is a leading gaming media and entertainment company in North America, focusing on connecting video game enthusiasts and esports fans [5][6] - The company operates on five core pillars: creators, content, communities, games, and experiences, offering integrated brand solutions for marketers [5][6] - Enthusiast Gaming continues to grow its network, reflecting the diversity and scale of gaming enthusiasts today [5][6]
VERSABANK TO HOST SECOND QUARTER FISCAL 2025 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST WEDNESDAY, JUNE 4, 2025 at 9:00 A.M. ET
Prnewswire· 2025-05-22 11:00
Bank to Report Second Quarter Fiscal 2025 Results Wednesday, June 4, 2025 at 7:00 a.m. ETLONDON, ON, May 22, 2025 /PRNewswire/ - VersaBank ("VersaBank" or the "Bank") (TSX: VBNK; NASDAQ: VBNK) will report its second quarter 2025 financial results and host a conference call to discuss those results on Wednesday, June 4, 2025. The conference call/webcast is scheduled for 9:00 a.m. ET and is expected to last approximately 60 minutes. The conference call/webcast will include a presentation by David Taylor, Pres ...
Tonix Pharmaceuticals Announces Presentation at the A.G.P. Annual Healthcare Company Showcase
GlobeNewswire News Room· 2025-05-22 11:00
CHATHAM, N.J., May 22, 2025 (GLOBE NEWSWIRE) -- Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP), a fully-integrated biotechnology company with marketed products and a pipeline of development candidates, today announced that Seth Lederman, M.D., Chief Executive Officer of Tonix Pharmaceuticals participated in a fireside chat at A.G.P.’s Annual Healthcare Company Showcase. A webcast of the presentation can be found under the IR Events tab of the Tonix website at www.tonixpharma.com. Tonix Pharmaceuticals H ...