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Itafos Announces Release Date for Q3 2025 Results and Business Update Webcast
Globenewswire· 2025-10-28 21:10
Core Points - Itafos Inc. will release its Q3 2025 financial results after market close on November 5, 2025 [1] - A recorded webcast reviewing the Q3 2025 financial results and providing business updates will be available on November 10, 2025 [1] Company Overview - Itafos is a phosphate and specialty fertilizer company headquartered in Houston, Texas, trading on TSX-V under the ticker "IFOS" and on OTCQX under "ITFS" [2] - The principal shareholder of Itafos is CL Fertilizers Holding LLC, an affiliate of Castlelake, L.P. [2] Business Operations - The company operates several projects including: - Conda in Idaho, US, with a production capacity of approximately 550kt per year of various phosphate products [6] - Arraias in Tocantins, Brazil, with a production capacity of approximately 500kt per year of single superphosphate [6] - Farim, a high-grade phosphate mine project in Guinea-Bissau [6] - Santana, a high-grade phosphate mine and fertilizer plant project in Pará, Brazil [6]
Silvercrest Asset Management (SAMG) to Announce Third Quarter 2025 Results and Host Investor Conference Call
Globenewswire· 2025-10-28 21:07
Core Viewpoint - Silvercrest Asset Management Group Inc. will host a teleconference to discuss its third-quarter financial results on October 31, 2025, with a news release to be issued prior to the market opening [1]. Group 1: Financial Results Announcement - The teleconference is scheduled for 8:30 am Eastern Time on October 31, 2025 [1]. - A news release containing the financial results will be available before the U.S. equity markets open [1]. Group 2: Leadership Participation - The call will feature Chairman, CEO, and President Richard R. Hough III, along with CFO Scott A. Gerard, who will review the quarterly results [2]. Group 3: Access Information - Analysts, institutional investors, and the public can listen to the call by dialing 1-844-836-8743 or 1-412-317-5723 for international callers [3]. - A live webcast will be available on the investor relations section of the Silvercrest website, with an archived replay accessible after the live call [3]. Group 4: Company Overview - Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser [4]. - The firm has offices in multiple states and provides traditional and alternative investment advisory services, managing assets totaling $36.7 billion as of June 30, 2025 [4].
22nd Century Announces Receipt of $9.5 Million from Settlement of Insurance Claim
Globenewswire· 2025-10-28 21:07
Core Insights - 22nd Century Group, Inc. has received $9.5 million in cash from a settlement agreement with its insurer related to business interruption from the Grass Valley incident in November 2022 [1][2] - The settlement marks a transition for the company from a cleanup phase to a growth phase, providing meaningful cash resources to execute its strategy [2] - The company aims to expand its position in the tobacco harm reduction movement with its VLN products, which contain 95% less nicotine [2][4] Company Overview - 22nd Century Group is focused on pioneering the tobacco harm reduction movement, enabling smokers to control their nicotine consumption [3] - The company has developed proprietary non-GMO reduced nicotine tobacco plants using patented technologies, resulting in a product with 95% less nicotine than traditional tobacco [4] Product Information - The flagship product, VLNcigarette, is designed to provide traditional cigarette smokers with a familiar alternative that helps them manage their nicotine intake [5] - VLNcigarettes are the only low nicotine combustible cigarettes authorized by the FDA in the United States [6]
Rapid Micro Biosystems to Announce Third Quarter 2025 Financial Results on November 7, 2025
Globenewswire· 2025-10-28 21:05
Core Insights - Rapid Micro Biosystems, Inc. will release its third quarter 2025 financial results on November 7, 2025, before market opening [1] - The management team will host a webcast conference call at 8:30 a.m. ET on the same day, which will be accessible on the company's website [2] Company Overview - Rapid Micro Biosystems is a life sciences technology company that provides automation solutions for the efficient manufacturing and safe release of healthcare products, including biologics, vaccines, cell and gene therapies, and sterile injectables [3] - The company's flagship product, the Growth Direct system, modernizes microbial quality control testing workflows in pharmaceutical manufacturing, enhancing speed, accuracy, operational efficiency, and compliance with data integrity regulations [3] - The company is headquartered in Lexington, Massachusetts, with manufacturing in Lowell, Massachusetts, and additional locations in Switzerland, Germany, and the Netherlands [3]
Kadant Reports Third Quarter 2025 Results
Globenewswire· 2025-10-28 21:03
Core Insights - Kadant Inc. reported its third-quarter financial results for the period ending September 27, 2025, highlighting solid performance despite ongoing challenges in demand for capital equipment and global trade uncertainties [1][3]. Financial Performance - Revenue for the third quarter was $271.6 million, unchanged from the previous year, with organic revenue decreasing by four percent, offset by a two percent increase from acquisitions and a two percent favorable foreign currency translation effect [4]. - Gross margin improved to 45.2% from 44.7% in the prior year [4]. - Net income decreased by 12% to $27.7 million compared to $31.6 million in 2024, with GAAP EPS also down 12% to $2.35 [5]. - Adjusted EPS fell by nine percent to $2.59, excluding acquisition-related costs [5]. - Adjusted EBITDA decreased by eight percent to $58.0 million, representing 21.4% of revenue, down from 23.3% in 2024 [6][27]. - Operating cash flow decreased by 10% to $47.3 million, while free cash flow decreased by nine percent to $44.1 million [6][26]. Bookings and Outlook - Bookings decreased by one percent to $238.4 million, with organic bookings down four percent [7]. - The company anticipates healthy demand for aftermarket parts and improving order activity for capital equipment in the fourth quarter, revising revenue guidance for 2025 to $1.036 to $1.046 billion [8]. - Adjusted EPS guidance remains at $9.05 to $9.25, while GAAP EPS is expected to be between $8.52 and $8.72 [8]. Segment Performance - The Flow Control segment reported revenue of $94.8 million, down from $97.5 million, while Industrial Processing revenue decreased to $106.4 million from $110.7 million [24]. - Material Handling segment revenue increased to $70.3 million from $63.4 million [24]. - The percentage of revenue from parts and consumables increased to 69% from 65% [24]. Company Overview - Kadant Inc. is a global supplier of technologies and engineered systems that enhance efficiency and productivity in process industries, with approximately 3,900 employees across 22 countries [29].
MariMed Announces Strategic Exit From Missouri Market
Globenewswire· 2025-10-28 21:00
NORWOOD, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed”) (CSE: MRMD) (OTCQX: MRMD), a leading cannabis consumer packaged goods company and retailer, today announced that it has completed a strategic review of its Missouri business operations and decided to exit the market, effectively immediately. Since 2024, the Company has managed the Missouri operations of another licensed cannabis operator and distributed certain of its brands there under a Managed Services and Licensing Agreement, whi ...
Itron Supports Virtual Power Plants in Australia
Globenewswire· 2025-10-28 21:00
Itron Solution Remotely Manages 100 MWh of Distributed Energy Resource CapacityLIBERTY LAKE, Wash., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is supporting Project Jupiter to accelerate the integration of distributed energy resources (DER) using components of Itron’s Low Voltage Distributed Energy Resource Management System (LV DERMS). A collaboration between Western Power, Synergy, the Australian Energy Ma ...
First Commonwealth Announces Third Quarter 2025 Earnings; Declares Quarterly Dividend
Globenewswire· 2025-10-28 21:00
Financial Summary - First Commonwealth Financial Corporation reported a GAAP net income of $41.3 million for Q3 2025, an increase of $7.9 million from Q2 2025 and $9.2 million from Q3 2024 [4][8] - Diluted earnings per share (EPS) for Q3 2025 was $0.39, up from $0.32 in Q2 2025 and $0.31 in Q3 2024 [4][8] - Core net income was $41.2 million, representing a $1.7 million increase from the previous quarter and a $9.2 million increase from the same quarter last year [4][8] - Core diluted EPS was also $0.39, compared to $0.38 in Q2 2025 and $0.31 in Q3 2024 [4][8] Profitability - The return on average assets (ROA) increased to 1.34% in Q3 2025, up from 1.11% in Q2 2025 [4][10] - The return on average equity (ROE) improved to 10.71% from 8.97% in the previous quarter [4][10] - The core efficiency ratio improved to 52.30%, down from 54.06% in Q2 2025 [4][21] Asset Quality - The provision for credit losses was $11.3 million, an increase of $2.4 million from the previous quarter [10][14] - Nonperforming loans decreased to $88.7 million, down $10.8 million from the previous quarter [15][16] - Net charge-offs totaled $12.2 million, an increase from $2.8 million in the previous quarter [17][18] Net Interest Income and Margin - Net interest income (FTE) for Q3 2025 was $111.5 million, an increase of $4.9 million from Q2 2025 [11][12] - The net interest margin expanded to 3.92%, up 9 basis points from the previous quarter [12][10] - Total average deposits grew by $102.7 million, or 4.0% annualized, compared to the previous quarter [12][10] Dividends and Capital - The company declared a quarterly cash dividend of $0.135 per share, a 3.9% increase from Q3 2024 [23] - Total shareholder's equity increased by $24.1 million from the previous quarter [10][24] - The Bank-level Total Capital ratio was 13.4%, exceeding the regulatory "well capitalized" requirement of 10.0% [10][24]
DIRTT to Announce Third Quarter 2025 Financial Results on November 5, 2025
Globenewswire· 2025-10-28 21:00
CALGARY, Alberta, Oct. 28, 2025 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT”, the “Company”, “we”, “our”, “us” or “ours”) (TSX: DRT; OTCQX: DRTTF), a leader in industrialized construction, announced today that it will release its third quarter 2025 financial results on Wednesday, November 5, 2025, after markets close. Webcast Information:In conjunction with the release, the executive team has scheduled a conference call to discuss the company’s results. The call will be broadcast live via ...
BellRing Brands Announces Timing of Fiscal Fourth Quarter and Fiscal Year 2025 Earnings Release and Conference Call
Globenewswire· 2025-10-28 21:00
Core Insights - BellRing Brands, Inc. will release its financial results for Q4 and fiscal year 2025 on November 18, 2025, at 7:00 a.m. ET, followed by a conference call at 8:30 a.m. ET [1] - The conference call will feature Darcy H. Davenport, President and CEO, and Paul A. Rode, CFO, discussing the results and outlook [1] Company Overview - BellRing Brands, Inc. is a fast-growing consumer brands business focused on the convenient nutrition category, with brands including Premier Protein and Dymatize [3] - Premier Protein is recognized as the 1 ready-to-drink protein and convenient nutrition brand, while Dymatize is known for the 1 hydrolyzed protein powder [3] - The company distributes its products in over 90 countries across various channels, including club, mass, food, eCommerce, specialty, drug, and convenience [3]