CODI ALERT: Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Compass Group Diversified Holdings, LLC Investors
GlobeNewswire News Room· 2025-05-13 00:00
Core Viewpoint - A class action lawsuit has been filed against Compass Group Diversified Holdings, LLC due to irregularities in financial statements related to its subsidiary, Lugano Holdings, Inc., leading to a significant decline in share price [1][3][4]. Group 1: Lawsuit Details - The lawsuit is filed in the U.S. District Court for the Central District of California on behalf of investors who acquired Compass securities from May 1, 2024, to May 7, 2025 [1]. - Investors have until July 8, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Group 2: Financial Irregularities - On May 7, 2025, Compass disclosed that it identified irregularities in Lugano's financing, accounting, and inventory practices, leading to the conclusion that the financial statements for fiscal 2024 require restatement [3]. - The announcement resulted in a share price drop of $10.70, approximately 62%, from $17.25 to $6.55 [3]. Group 3: Allegations in the Complaint - The complaint alleges that Compass failed to disclose unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable related to Lugano Holdings [4]. - It is claimed that these irregularities rendered the overall financial statements of Compass unreliable and necessitated restatement [4]. - The company is also accused of failing to maintain adequate internal controls over its financial statements [4].
Hertz Global Holdings, Inc. (HTZ) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-05-12 23:50
Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $1.12 per share versus the Zacks Consensus Estimate of a loss of $1.08. This compares to loss of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.70%. A quarter ago, it was expected that this company would post a loss of $0.72 per share when it actually produced a loss of $1.18, delivering a surprise of -63.89%.Over the last four quarters, the company ...
Everi Holdings (EVRI) Lags Q1 Earnings Estimates
ZACKS· 2025-05-12 23:40
Everi Holdings (EVRI) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -63.64%. A quarter ago, it was expected that this cash access products company would post earnings of $0.08 per share when it actually produced earnings of $0.04, delivering a surprise of -50%.Over the last four qua ...
WhiteHorse Finance (WHF) Lags Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-12 23:36
WhiteHorse Finance (WHF) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.12%. A quarter ago, it was expected that this lender to small companies would post earnings of $0.39 per share when it actually produced earnings of $0.34, delivering a surprise of -12.82%.Over the last four ...
Energy Vault Holdings, Inc. (NRGV) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-05-12 23:34
Energy Vault Holdings, Inc. (NYSE:NRGV) Q1 2025 Earnings Conference Call May 12, 2025 4:30 PM ET Company Participants Michael Beer - CFO and Head of Corporate Services Robert Piconi - Chairman and CEO Conference Call Participants Justin Clare - Roth MKM Noel Parks - Tuohy Brothers Operator Greetings, and welcome to Energy Vault's First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. [Operator Instr ...
Blink Charging (BLNK) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-12 23:30
For the quarter ended March 2025, Blink Charging (BLNK) reported revenue of $20.75 million, down 44.8% over the same period last year. EPS came in at -$0.18, compared to -$0.13 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $27.01 million, representing a surprise of -23.17%. The company delivered an EPS surprise of -28.57%, with the consensus EPS estimate being -$0.14.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...
Compared to Estimates, MidCap Financial (MFIC) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-12 23:30
For the quarter ended March 2025, MidCap Financial Investment (MFIC) reported revenue of $78.7 million, up 15.2% over the same period last year. EPS came in at $0.37, compared to $0.44 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $82.29 million, representing a surprise of -4.37%. The company delivered an EPS surprise of -5.13%, with the consensus EPS estimate being $0.39.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...
Compared to Estimates, Vital Energy (VTLE) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-12 23:30
Core Insights - Vital Energy reported revenue of $512.18 million for the quarter ended March 2025, reflecting a 6.2% increase year-over-year, but fell short of the Zacks Consensus Estimate of $532.28 million by 3.78% [1] - The company's EPS was $2.37, up from $1.91 in the same quarter last year, exceeding the consensus EPS estimate of $2.11 by 12.32% [1] Financial Performance - Average daily oil equivalent sales volumes were 140,159 BOE/D, slightly above the five-analyst average estimate of 139,265.1 BOE/D [4] - Average sales prices per Bbl for NGL were $17.72, slightly below the three-analyst average estimate of $17.83 [4] - Natural gas sales volumes reached 19,742 MMcf, marginally exceeding the average estimate of 19,717.95 MMcf [4] - NGL sales volumes were 3,484 MBBL, surpassing the average estimate of 3,426.85 MBBL [4] - Oil sales volumes were 5,840 MBBL, slightly below the average estimate of 5,854.69 MBBL [4] Revenue Breakdown - Revenues from natural gas were $27.34 million, below the estimated $31.48 million, but represented a significant year-over-year increase of 49.8% [4] - Revenues from NGL were $61.74 million, exceeding the two-analyst average estimate of $59.52 million, with a year-over-year change of 31.2% [4] - Oil revenues were $422.33 million, slightly below the estimated $433.52 million, with a year-over-year increase of 1.6% [4] Stock Performance - Vital Energy's shares returned 17.2% over the past month, outperforming the Zacks S&P 500 composite's 3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
GoPro (GPRO) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-12 23:30
For the quarter ended March 2025, GoPro (GPRO) reported revenue of $134.31 million, down 13.6% over the same period last year. EPS came in at -$0.12, compared to -$0.21 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $124.98 million, representing a surprise of +7.46%. The company delivered an EPS surprise of +7.69%, with the consensus EPS estimate being -$0.13.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...
SiTime: A 7.6 Rating and a Bright Future Ahead?
The Motley Fool· 2025-05-12 23:30
Explore the exciting world of SiTime (SITM 7.65%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices of April 2, 2025. The video was published on May. 12, 2025. ...