Aduro Clean Technologies Provides Update on NGP Pilot Plant Progress
Globenewswire· 2025-08-14 11:00
LONDON, Ontario, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Aduro Clean Technologies Inc. ("Aduro" or the "Company") (Nasdaq: ADUR) (CSE: ACT) (FSE: 9D5), a clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21 century, today provides an update on the Hydrochemolytic™ Technology Next Generation Process (NGP) Pilot Plant. The NGP Pilot Plant is a key step in the Aduro scaleup pathway, designed to val ...
Oroco Congratulates Hudbay Minerals Inc.
Globenewswire· 2025-08-14 11:00
VANCOUVER, Canada, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Vancouver, CANADA. – August 14, 2025 – Oroco Resource Corp. (TSX-V: OCO; OTCQB: ORRCF) ("Oroco" or "the Company") extends its congratulations to Hudbay Minerals Inc. ("Hudbay") for its agreement with Mitsubishi Corporation ("Mitsubishi") announced on August 13 2025, whereby Mitsubishi will acquire a 30% interest in Hudbay's Copper World project in Arizona for consideration of US$600 million, structured as US$420 million at closing for a 30% equity interes ...
SYLOGIST Reports Second Quarter 2025 Results
Globenewswire· 2025-08-14 11:00
Strong Bookings and continuing SaaS Revenue growth Q2 2025 Highlights | | | Revenue (in $ millions) | | | | | --- | --- | --- | --- | --- | --- | | SaaS Subscription | | Recurring | | Total | | | Reported | Y/Y growth | Reported | Y/Y growth | Reported | Y/Y growth | | $7.9 | 13.1% | $10.9 | 4.0% | $15.7 | (6.9)% | CALGARY, Alberta, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the "Company"), a leading public sector SaaS company, today announced its results for the second quarte ...
Dillard’s, Inc. Reports Second Quarter and Year-to-Date Results
Globenewswire· 2025-08-14 10:50
Core Viewpoint - Dillard's, Inc. reported a modest increase in sales for the second quarter of 2025, with net income slightly down compared to the previous year, indicating a mixed performance in a challenging retail environment [1][2]. Second Quarter Results - Net income for the 13 weeks ended August 2, 2025, was $72.8 million, or $4.66 per share, compared to $74.5 million, or $4.59 per share, for the same period in 2024 [2][18]. - Net sales for the quarter were $1.514 billion, up from $1.490 billion in the prior year [3][18]. - Total retail sales, excluding the construction business, increased by 1% to $1.447 billion compared to $1.426 billion in the previous year [4][18]. - Comparable store sales also increased by 1% during the same period [4][18]. Gross Margin - Consolidated gross margin for the second quarter was 36.6% of sales, down from 37.6% in the prior year [5][18]. - Retail gross margin was 38.1% of sales, compared to 39.1% in the previous year, with variations across product categories [6][18]. Inventory and Expenses - Inventory increased by 2% as of August 2, 2025, compared to the previous year [7][18]. - Selling, general, and administrative expenses for the quarter were $434.2 million, representing 28.7% of sales, slightly down from 29.1% in the prior year [8][18]. 26-Week Results - For the 26 weeks ended August 2, 2025, net income was $236.7 million, or $15.08 per share, down from $254.5 million, or $15.68 per share, in the same period in 2024 [11][18]. - Net sales for the 26 weeks were $3.043 billion, slightly up from $3.039 billion in the previous year [12][18]. - Total retail sales for the 26 weeks were flat at $2.915 billion compared to $2.919 billion in the prior year [12][18]. - Retail gross margin for the 26 weeks was 41.8% of sales, down from 42.7% in the previous year [13][18]. Share Repurchase - During the second quarter, the company repurchased $9.8 million worth of Class A Common Stock, and $107.8 million during the 26 weeks, with remaining authorization of $165.2 million under the May 2023 program [15][18]. Other Information - Dillard's operates 272 stores across 30 states, including 28 clearance centers, and has an online presence at dillards.com [17][18].
Titan Machinery Inc. to Report Fiscal Second Quarter Ended July 31, 2025 Results on Thursday, August 28, 2025
Globenewswire· 2025-08-14 10:45
Core Viewpoint - Titan Machinery Inc. will release its financial results for the second quarter on August 28, 2025, followed by an investor conference call [1] Group 1: Financial Results Announcement - The financial results for the second quarter ending July 31, 2025, will be announced on August 28, 2025 [1] - An investor conference call is scheduled for 7:30 a.m. Central time (8:30 a.m. Eastern time) on the same day [1] Group 2: Participation Details - Investors can participate in the live call by dialing (877) 704-4453 from the U.S. or (201) 389-0920 for international callers [2] - A telephone replay will be available approximately three hours after the call and will last until September 28, 2025 [2] Group 3: Webcast Information - A live webcast of the conference call will be available on the Investor Relations section of the company's website [3] - The webcast will be archived for 30 days for later access [3] Group 4: Company Overview - Titan Machinery Inc. was founded in 1980 and is headquartered in West Fargo, North Dakota [4] - The company operates a network of full-service agricultural and construction equipment dealer locations across North America, Europe, and Australia [4] - The network includes U.S. locations in multiple states and international locations in Bulgaria, Germany, Romania, Ukraine, and Australia [4]
Descartes Named Top Provider of Cloud-based TMS Solutions and Top Fleet Management Provider in ARC Advisory Group’s Transportation Management Systems Global Report
Globenewswire· 2025-08-14 10:45
Core Insights - Descartes Systems Group has been recognized as the leading provider of software as a service (SaaS) and cloud-based hosting services for transportation management systems (TMS) according to ARC Advisory Group's report for 2024-2029 [1][2] - The company is also noted as a top provider in fleet management applications and planning and execution segments of the TMS market [1][2] - The report highlights a growing demand for real-time visibility solutions, with SaaS providers like Descartes experiencing faster growth compared to those using legacy models [2] Company Overview - Descartes focuses on improving productivity, security, and sustainability for logistics-intensive businesses through its modular SaaS solutions [5] - The company has made strategic investments in SaaS-based solutions, including the acquisition of 3GTMS and MyCarrierPortal to enhance its service offerings and combat cargo fraud [2][5] Industry Context - The ARC report provides a comprehensive five-year global market forecast and analysis of leading TMS providers, emphasizing the importance of real-time visibility in logistics [2] - Descartes serves a diverse range of industries, including carriers, food and beverage manufacturers, retailers, and logistics brokers, indicating its broad market reach [2][6]
Eika Boligkreditt AS: Report for the second quarter and first half of 2025
Globenewswire· 2025-08-14 10:45
Core Insights - Eika Boligkreditt AS has released its interim report for the second quarter and first half of 2025, which is accessible online [1] Financial Performance - The report provides detailed financial metrics for the second quarter and first half of 2025, highlighting key performance indicators [1]
Castellum, Inc. Announces Aggregate Warrant Exercises Raising Additional Proceeds of Approximately $4.5 Million
Globenewswire· 2025-08-14 10:45
Core Viewpoint - Castellum, Inc. has successfully raised approximately $4.5 million through the exercise of stock warrants, reflecting strong investor confidence in the company's business strategy and growth initiatives [1][2][4]. Group 1: Financial Highlights - Castellum announced that investors exercised a total of 3,673,666 warrants, resulting in gross proceeds of $4,481,873 [1][4]. - The exercise price for the warrants was set at $1.22 per share, and the warrants were set to expire on August 12, 2025 [1][2]. Group 2: Management Commentary - David Bell, Chief Financial Officer, emphasized that the raised capital will enable the company to continue investing in growth initiatives [2]. - Glen Ives, President and CEO, stated that the new capital strengthens the company's balance sheet and positions it for strong momentum heading into 2026 [2]. Group 3: Company Overview - Castellum, Inc. operates in the cybersecurity, electronic warfare, and software engineering services sectors, primarily focusing on the federal government [1][4].
Aeries Technology Reports Record Q1 FY2026 Results: Cash Flow Positive, $17M Net Income Turnaround, and Strongest Start to a Fiscal Year in Company History
Globenewswire· 2025-08-14 10:30
Core Insights - Aeries Technology, Inc. reported its strongest first quarter in company history, achieving positive operating cash flow and a $17.0 million year-over-year improvement in net income [1][4] - The company attributes its success to operational discipline, a focus on core offerings, and the implementation of AI-enabled Global Capability Center (GCC) services [2][3] Financial Performance - Revenue for the quarter ended June 30, 2025, was $15.3 million, driven entirely by strong demand for AI-powered GCC services [4] - SG&A expenses were reduced by more than 85% year-over-year, contributing to a leaner cost structure [4] - Operating profit reached $0.8 million, an increase of $17.2 million year-over-year, while net income was $1.7 million compared to a net loss of $15.3 million in Q1 FY2025 [4][19] - Cash flow from operations was $1.4 million, reversing the negative cash flow from the previous year [4] Strategic Initiatives - The company exited non-core operations to concentrate on high-value GCC and AI-powered transformation services, resulting in multiple new client wins [5] - Aeries integrated nearshore and offshore delivery to enhance speed, cost efficiency, scalability, and innovation [5] - The company strengthened its leadership team and aligned skill sets to core offerings, optimizing project governance and delivery [5] Market Position and Growth - Aeries has positioned itself as a key partner for Private Equity (PE) firms, enhancing its market presence through new client acquisitions and expanded relationships [7] - The AI-first GCC model allows clients to achieve significant improvements in speed, scale, and efficiency, attracting Private Equity-backed companies [2][6] Fiscal Outlook - Aeries reaffirmed its full-year FY2026 guidance, emphasizing that disciplined execution can deliver both growth and profitability [8]
U.S. and Australia Support for Nova’s Estelle Project
Globenewswire· 2025-08-14 10:30
Core Viewpoint - Nova Minerals Limited is receiving strong support from Alaska State government officials and the Australian Consular-General for its Estelle Gold and Critical Minerals Project, which is gaining strategic recognition and aligning with state infrastructure and economic development goals [1][3][11] Group 1: Project Development and Strategic Importance - The Estelle Project is recognized as a potential key contributor to domestic resource security, particularly in light of recent U.S. Presidential Executive Orders [3][10] - The project is one of only nine global projects identified for near-term antimony production potential, alongside a rapidly expanding gold resource, positioning it as a valuable dual-commodity asset [3][4] - The project is evolving into a strategic mineralized district, critical for Western supply chain security and reducing reliance on foreign critical minerals [4][11] Group 2: Infrastructure and Government Support - Key infrastructure projects discussed include the West Susitna Access Road, which will provide year-round access to the Estelle Project, and enhancements to Port MacKenzie for logistics and export capacity [5][6] - Alaska Governor Mike Dunleavy has expressed strong support for the West Susitna Access Road, emphasizing its value for local residents and economic opportunities [7][8] - The Australian Consular-General's visit to the Estelle Project highlights the growing collaboration between Australia and the U.S. in the strategic minerals sector [11] Group 3: Funding and Collaboration - Nova is advancing applications for potential non-dilutive funding from the U.S. Department of Defense, which could significantly accelerate project development [4] - The company is collaborating closely with state and federal partners to fast-track permitting and infrastructure integration for large-scale production [10]