Q1 Net Revenue Increased 83% to $60.3 MillionSANTA CLARA, Calif., May 07, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation, (Nasdaq: SITM), the Precision Timing company, today announced financial results for the first quarter ended March 31, 2025. Net revenue in the first quarter of 2025 was $60.3 million, as compared to $33.0 million in the year ago quarter. “Our Q1 revenue growth of 83% year-over-year highlights the strength of our business across our end markets,” said Rajesh Vashist, CEO and chairman of SiTi ...

CTIM-76 and CT-95 in Phase 1 Clinical Trials Cash and cash equivalents of $89.4 million as of March 31, 2025 Company expects its cash and cash equivalents will continue to fund operations into 2027 PHILADELPHIA, May 07, 2025 (GLOBE NEWSWIRE) -- Context Therapeutics Inc. (“Context” or the “Company”) (Nasdaq: CNTX), a clinical-stage biopharmaceutical company advancing T cell engaging bispecific antibodies for solid tumors, today announced its financial results for the first quarter ended March 31, 2025, and r ...

Achieves Quarterly Revenue of $97 Million, an Increase of 13% from Prior Year QuarterDelivers Net Income of $3 Million and Expands Gross Margin 170 Basis Points to 39% from Prior Year QuarterReaffirms Full Year 2025 Financial Outlook LOS ANGELES, May 07, 2025 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating cleanly-formulated and sustainably-designed products, today reported financial results for the three months ended March 31, 2025. First Quarter 2025 Fi ...

Core Insights - Linamar Corporation reported strong quarterly financial performance with normalized operating earnings up 3.4% and normalized diluted earnings per share increasing by 6.6% [3][5] - The company generated $76.4 million in free cash flow in Q1 2025, a significant increase of $115.7 million from the previous year, indicating effective cash management [3][15] - Liquidity remains robust at $1.8 billion, reflecting a 39.1% increase from Q1 2024 [3][15] Financial Performance - Total sales for the three months ended March 31, 2025, were $2,532.1 million, down from $2,721.9 million in the same period of 2024 [2] - Operating earnings for the Industrial segment were $142.9 million, slightly up from $139.7 million year-over-year, while the Mobility segment saw a decrease from $129.5 million to $123.4 million [2] - Normalized net earnings increased by 4.8% to $167.2 million, with normalized net earnings per share rising to $2.76 from $2.59 [2][10] Shareholder Returns - The Board of Directors declared a quarterly dividend of CDN$0.29 per share, payable on or after June 6, 2025 [6] - Linamar repurchased 1.0 million shares during the quarter, totaling 1.8 million shares since the start of the normal course issuer bid program in November 2024 [3][5] Segment Performance - The Mobility segment continued to show normalized earnings growth, with normalized operating earnings increasing to $125.4 million [3][10] - The Industrial segment also demonstrated normalized earnings growth, with operating earnings rising to $126.6 million, reflecting a margin expansion to 20.0% from 16.5% in Q1 2024 [3][10] Market Position and Strategy - Linamar is navigating a challenging market environment with minimal negative impacts from tariffs, while actively seeking growth opportunities [5] - The company remains focused on driving revenue growth, enhancing margins, and expanding its workforce despite current market challenges [5]

First Quarter 2025 Total Revenues of $222.2 million, decrease of 26% versus prior yearFirst Quarter 2025 Net Income of $68.0 million, increase of 656% versus prior yearFirst Quarter 2025 Gross Margin % of 50% and Adjusted Gross Margin % of 58%, an expansion of 500 bps and 700 bps, respectively, versus prior yearFirst Quarter 2025 Adjusted EBITDA of $77.6 million, increase of 16% versus prior yearFirst Quarter 2025 Adjusted EBITDA Margin of 35% of Total Revenues, an improvement of 1,300 bps versus prior year ...

First quarter 2025 net sales of $6.7 million, an increase of 23% over first quarter 2024 Closed the acquisition of NeuroMetrix, Inc. (“NeuroMetrix”); first quarter 2025 unaudited Quell net sales of approximately $170,000 Company to host a conference call and webcast today, May 7, 2025 at 4:30 PM EDT ROCKAWAY, N.J., May 07, 2025 (GLOBE NEWSWIRE) -- electroCore, Inc. (Nasdaq: ECOR) (“electroCore” or the “Company”), a commercial-stage bioelectronic technology company, today announced financial results for the ...

SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust, announced today the final results of its tender offer (the “Offer”) to purchase all odd lots plus up to 2,000,000 shares of its outstanding Series A Common Stock, par value $0.01 per share (the “Shares”) properly tendered and not properly withdrawn prior to the expiration date, subject to the Company’s ability t ...

Contribution ex-TAC(1) Grows 12% Year-Over-Year Contribution ex-TAC(1) from CTV Grows 15% Year-Over-Year Adjusted EBITDA(1) Grows 47% Year-Over-Year NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2025. Q1 2025 Highlights: Revenue of $155.8 million, up 4% year-over-yearContribution ex-TAC(1) of $145.8 million, up 12% year-over-yearContribution ex-TAC(1) attribut ...

Completes Acquisition of De La Rue Authentication, a Global Leader in Security and Authentication Technologies Increases Sales Growth Guidance to 6% to 8% for Full Year 2025; Maintaining Full Year EPS Guidance of $4.00 to $4.30 WALTHAM, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 and Recent Highlights Completed th ...

Employee feedback highlights pride in and commitment to serving the community InnovAge InnovAge Earns Great Place to Work Recertification DENVER, May 07, 2025 (GLOBE NEWSWIRE) -- InnovAge, a leading provider of Program of All-Inclusive Care for the Elderly (PACE) services, is proud to announce its recertification as a Great Place to Work®. This recognition reflects the company’s continued commitment to fostering a purpose-driven workplace where employees feel supported and empowered to deliver exception ...