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PROCEPT BioRobotics Reports First Quarter 2025 Financial Results and Increases 2025 Revenue Guidance
Newsfilter· 2025-04-24 11:00
SAN JOSE, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (NASDAQ:PRCT) (the "Company"), a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, today reported unaudited financial results for the quarter ended March 31, 2025. Recent Highlights Total revenue of $69.2 million for the first quarter of 2025, an increase of 55% compared to the prior year period in 2024U.S. handpiece and consumables revenue of 38.0 million for t ...
NaaS Technology Inc. Announces Plan to Implement ADS Ratio Change
Prnewswire· 2025-04-24 11:00
BEIJING, April 24, 2025 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S.-listed EV charging service company in China, today announced that that it will change the ratio of its American Depositary Shares (the "ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.01 per share, from the current ADS Ratio of one ADS to 200 Class A ordinary shares to a new ADS Ratio of one ADS to 800 Class A ordinary shares. The change in the ADS Ratio will become e ...
Digital Realty Deploys Three Microsoft Azure ExpressRoute Cloud On-Ramps
Prnewswire· 2025-04-24 11:00
High Speed, Dedicated Connection to Azure Now Available from Digital Realty's Data CenterCampuses in Atlanta, Brussels, and Vienna DALLAS, April 24, 2025 /PRNewswire/ -- Digital Realty (NYSE: DLR), a global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, today announced new Microsoft Azure ExpressRoute peering locations in Atlanta, Brussels, and Vienna, enabling customers to establish a dedicated connection from their private IT infrastructure to Azure services ...
Bread Financial Provides Performance Update for March 2025
GlobeNewswire· 2025-04-24 10:55
COLUMBUS, Ohio, April 24, 2025 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated: For themonth endedMarch 31, 2025 For the three months endedMarch 31, 2025 (dollars in millions)End-of-period credit card and other ...
ADT Reports First Quarter 2025 Results
GlobeNewswire· 2025-04-24 10:55
Continued strong financial results with record recurring monthly revenue and customer retention GAAP operating cash flows up 28%, Adjusted Free Cash Flow including interest rate swaps up 105% Returned $445 million to shareholders through share repurchases and dividends On track to achieve full year 2025 guidance metrics BOCA RATON, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) today reported results for the first quarter of 2025. Financial highlights for the first quarter are below with vari ...
Crypto.com Selects Bread Financial to Launch New Crypto-based Rewards Credit Card Program in the U.S.
Newsfilter· 2025-04-24 10:50
Core Viewpoint - Bread Financial has entered into a multi-year agreement with Crypto.com to launch the first Crypto.com credit card program in the United States, aiming to enhance customer access to cryptocurrency rewards and payment options [1][4]. Company Overview - Bread Financial is a tech-forward financial services company that provides personalized payment, lending, and saving solutions to millions of U.S. consumers [5]. - The company focuses on delivering growth for recognized brands through private label and co-brand credit cards, as well as pay-over-time products [5]. Product Details - The Crypto.com Visa Signature® Credit Card will feature five tiers, allowing cardmembers to earn uncapped CRO rewards at varying rates, with elevated rates for the first twelve months for select tiers [2][4]. - Cardmembers can pre-qualify or apply for the credit card through the Crypto.com app, and once approved, they can add the card to their digital wallets [3]. Customer Benefits - The credit card program is designed to help both novice and experienced traders maximize their investments through straightforward rewards [4]. - Higher-tier cardmembers will receive additional benefits, including unlimited rebates for services like Spotify and Netflix through Crypto.com's Level Up program [2][4]. Market Position - Crypto.com is recognized as an industry leader with over 140 million customers globally, committed to accelerating cryptocurrency adoption through innovative solutions [4][7].
Keurig Dr Pepper Announces Continued Evolution of its Board of Directors
Prnewswire· 2025-04-24 10:49
Core Viewpoint - Keurig Dr Pepper has appointed two new independent directors, Mike Van de Ven and Lawson Whiting, and Bob Gamgort has transitioned to the role of non-executive Chairman of the Board, effective April 24, 2025 [1][2]. Group 1: Board Changes - The appointments of Mike Van de Ven and Lawson Whiting are aimed at strengthening the Board of Directors with their extensive experience in business management and brand leadership [2]. - Bob Gamgort's transition from Executive Chairman to non-executive Chairman reflects the company's evolution and strategic direction [2]. Group 2: Profiles of New Directors - Mike Van de Ven has 32 years of experience at Southwest Airlines, including roles as President and Chief Operating Officer, and he holds a Bachelor of Business Administration in Accounting [2][3]. - Lawson Whiting has over 25 years at Brown-Forman Corporation, serving as President and CEO since January 2019, and he holds degrees in Finance and Business Administration [3]. Group 3: Company Overview - Keurig Dr Pepper is a leading North American beverage company with over 125 brands and annual revenue exceeding $15 billion, holding leadership positions in various beverage categories [5].
Marine Products Corporation Reports First Quarter Financial Results And Declares Regular Quarterly Dividend
Prnewswire· 2025-04-24 10:45
Core Viewpoint - Marine Products Corporation reported a challenging first quarter in 2025, with a 15% decline in net sales year-over-year, primarily due to lower boat sales and cautious dealer ordering behavior [3][4][7]. Financial Results - Net sales for 1Q:25 were $59.0 million, down 15% from $69.3 million in 1Q:24, attributed to a 19% decrease in the number of boats sold, partially offset by a 4% price/mix increase [4][7]. - Gross profit decreased to $11.0 million, down 22%, with a gross margin of 18.6%, reflecting a decline of 160 basis points year-over-year [5][7]. - Net income was $2.2 million, a 52% decrease from $4.6 million in 1Q:24, resulting in a diluted EPS of $0.06, down from $0.13 [7][8]. Operational Insights - The company experienced a significant reduction in sales decline compared to over 30% in 2024, indicating a potential easing of market pressures [4]. - Field inventories were approximately 18% lower than in 1Q:24, suggesting improved inventory management [4]. Management Commentary - The CEO highlighted ongoing challenges in the marine industry, including economic uncertainty and potential cost increases due to tariffs, which may affect consumer spending and pricing strategies [3][7]. - The company plans to adopt a conservative approach to inventory management and product rollouts while continuing to innovate [3][7]. Cash Flow and Capital Allocation - Cash and cash equivalents at the end of 1Q:25 were $57.1 million, with no debt, and the company generated strong operating cash flow of $10.8 million [10][20]. - The company declared a quarterly dividend of $0.14 per share, totaling $4.9 million in dividend payments for the quarter [11][20]. Industry Context - The marine industry continues to face demand softness, with macroeconomic uncertainties impacting visibility and consumer confidence [7][8].
AS Tallink Grupp Investor Webinar introducing the results of the Q1 2025
GlobeNewswire· 2025-04-24 10:45
Core Insights - AS Tallink Grupp held an investor webinar on April 24, 2025, where the management presented the results for the first quarter of 2025 [1] - The presentation and recording of the webinar are available for participants [1] Company Information - The Chairman of the Management Board, Paavo Nõgene, and member of the Management Board, Margus Schults, introduced the quarterly results during the webinar [1] - Anneli Simm serves as the Investor Relations Manager for AS Tallink Grupp, located in Tallinn, Estonia [2]
BioNTech to Present Clinical and Preclinical Data Across mRNA and Next-Generation Immuno-Oncology Priority Programs at AACR 2025
GlobeNewswire· 2025-04-24 10:45
MAINZ, Germany, April 24, 2025 -- BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”) will present data for selected assets from its diversified oncology pipeline, including mRNA cancer immunotherapies, next-generation immunomodulators, and targeted therapies, at the American Association for Cancer Research (“AACR”) Annual Meeting held in Chicago, Illinois from April 25-30, 2025. The oral and poster presentations underline both the progress of BioNTech’s advanced priority oncology programs as well as th ...