Financial Performance - Consolidated revenue in Q1 2025 decreased 23% to $16.1 million compared to $20.9 million in the prior year, driven by a 42% decline in product revenue to $9.2 million [6] - Service revenue increased 38% to $7.0 million due to demand for Sub-Bottom Imager™ and Acoustic Corer™ services [6] - Gross profit increased 8% to $10.1 million, resulting in a gross margin of 62.7% compared to 44.8% in the prior year [6][15] - Adjusted EBITDA decreased 32% to $2.8 million, with an adjusted EBITDA margin of 17.3% compared to 19.6% in the prior year [6][12] Market Outlook - The company expects strong top and bottom-line growth in 2025, supported by robust macro fundamentals in the naval defense market as navies modernize and adopt uncrewed platforms [3] - Anticipated defense RFP activity from 2025 to 2027 is at unprecedented levels, contributing to optimism in the naval defense segment [3] Recent Developments - The company secured nearly $45 million in subsea battery orders and $3 million in orders for Kraken SAS since the end of Q4 [5] - A new manufacturing capacity in Canada is expected to come online by the end of 2025, enhancing the company's ability to meet customer needs in offshore energy and naval defense markets [4] Financial Guidance - The company maintains its 2025 revenue guidance of $120 million to $135 million, representing a 40% growth, and an adjusted EBITDA margin of $26 million to $34 million [7] - Capital expenditures for 2025 are projected to range from $13 million to $17 million, with approximately $10 million allocated for a new subsea power manufacturing facility [8]

Core Viewpoint - Hyperscale Data, Inc. is launching an enterprise-focused XRP lending platform through its subsidiary Ault Capital Group, Inc. in Q3 2025, marking its entry into decentralized finance (DeFi) [1][4] Group 1: Platform Details - The lending platform will be available exclusively to public companies listed on NYSE, NYSE American, and NASDAQ, allowing them to borrow fixed amounts of XRP under negotiated terms [2] - Loans will be secured by the applicant's assets and may be convertible into registered shares of common stock [2] - ACG plans to hedge market exposure by utilizing XRP futures contracts on the Chicago Mercantile Exchange, enhancing risk management in cryptocurrency lending [3] Group 2: Strategic Initiatives - The platform aims to provide a secure, compliant, and institutional-grade solution for blockchain-based lending, part of ACG's broader initiative to tokenize real-world assets and offer alternative financing solutions [4] - Additional crypto-financial instruments are expected to be announced in the coming months, indicating ongoing innovation in the sector [4] Group 3: Company Background - Hyperscale Data operates a data center through its subsidiary Sentinum, focusing on mining digital assets and supporting AI ecosystems [7] - The company plans to divest ACG by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [8]

Core Insights - The 9th International Festival of the Intangible Cultural Heritage is taking place in Chengdu, China, from May 28 to June 3, 2025, showcasing nearly 600 intangible cultural heritage items [1][2] Group 1: Event Overview - The festival is co-hosted by the Sichuan Provincial People's Government, the Ministry of Culture and Tourism, UNESCO, and the National Commission of the People's Republic of China for UNESCO, focusing on integrating intangible cultural heritage (ICH) into modern life [2] - A "Guest Country + Guest City" mechanism is introduced, with Malaysia as the guest country and cities like Algiers, Penang, Chiang Mai, and Bari as guest cities, gathering 400 participants from over 60 countries and regions [3] Group 2: Technological Integration - A dedicated section titled "Technology Empowering ICH" features 16 research institutions and tech enterprises presenting over 30 interactive devices, incorporating VR tours and culture-themed games inspired by traditional ICH items [4] Group 3: Chengdu's Cultural Heritage - Since 2007, the festival has been a vital platform for showcasing heritage preservation and cultural exchange, with Chengdu hosting 336 ICH items recognized at the city level or higher, including 25 national-level treasures [5] - Chengdu organizes over 260 cultural heritage events annually, attracting 300,000 participants, and has 14 special cultural districts featuring ICH, contributing an annual economic value of 30 billion yuan and providing jobs for over 50,000 residents [6]

MARTINSVILLE, Va., May 29, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (Nasdaq-GS: HOFT) will present its fiscal 2026 first quarter financial results via teleconference and live internet web cast on Thursday morning, June 12, 2025 at 9:00 AM Eastern Time. A live webcast of the call will be available on the Investor Relations page of the Company’s website at https://investors.hookerfurnishings.com/events and archived for replay. To access the call by phone, participants should go to this link (re ...

BEIJING, May 29, 2025 (GLOBE NEWSWIRE) -- Yuanbao Inc. (“Yuanbao” or the “Company”) (NASDAQ: YB), a leading technology-driven online insurance distributor in China, today announced that it will release its first quarter 2025 unaudited financial results on Thursday, June 5, 2025, before the open of the U.S. markets. The Company’s management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on June 5, 2025 or 8:00 P.M. Beijing Time to discuss the financial results. Participants should compl ...

Thursday, May 29, 2025 Dear Shareholders and Investors, Ninety day periods offer a short-term snapshot of a company. However, a meaningful analysis must contain a bigger, longer-term picture. The direction of NAT is unquestionably upwards and we create room for profitable growth. Whatever we do, dividends remain an important objective. Highlights: The dividend for the first quarter is 7 cents ($0.07) per share. This is our 111th consecutive quarterly cash dividend. The dividend is payable June 26, 2 ...

Core Viewpoint - Himax Technologies and its subsidiary Liqxtal Technology have introduced the Liqxtal® Pro-Eye, a patented vision care display aimed at improving visual comfort and addressing age-related vision issues [1][2][6] Company Overview - Himax Technologies, Inc. is a leading fabless semiconductor manufacturer specializing in display imaging processing technologies, with a significant presence in various industries including automotive and consumer electronics [8] - Liqxtal Technology Inc. focuses on developing innovative liquid crystal optical components and has a strong track record in liquid crystal optics [7] Product Features - The Liqxtal® Pro-Eye utilizes patented electrically tunable liquid crystal technology to create a virtual image at approximately 16 feet, significantly reducing eye strain and ciliary muscle fatigue [2] - The display is particularly beneficial for seniors and school-aged children, helping to alleviate near-vision strain and reduce the risk of myopia progression in children [2][6] Upcoming Events - Dr. Hung Shan Chen, President of Liqxtal, will present on the Liqxtal® Pro-Eye at Medical Taiwan 2025, discussing its core technologies and applications [3] Additional Innovations - Liqxtal will also showcase the Liqxtal® Dim adaptive lens, which combines light valve control with AI sensing technology to adjust light in real-time, enhancing user comfort in varying lighting conditions [4]

BEIJING, China, May 29, 2025 (GLOBE NEWSWIRE) -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) (“Zhihu” or the “Company”), a leading online content community in China, today announced that it will hold an annual general meeting of the Company’s shareholders (the “AGM”) at 10:00 a.m. Beijing time on June 25, 2025 at Room Xinzhi, Floor 1, Zone C, China Industry-Academy-Research Achievement Transformation Center, No. 18A Xueqing Road, Haidian District, Beijing, China, for the purposes of considering and, if thought fit, p ...

Core Viewpoint - Li Auto Inc. reported its financial results for the first quarter of 2025, highlighting a year-over-year increase in vehicle deliveries and total revenues, despite a significant decline compared to the previous quarter. Financial Highlights - Total revenues reached RMB25.9 billion (US$3.6 billion), a 1.1% increase from RMB25.6 billion in Q1 2024, but a 41.4% decrease from RMB44.3 billion in Q4 2024 [4][12][23] - Vehicle sales amounted to RMB24.7 billion (US$3.4 billion), reflecting a 1.8% increase from RMB24.3 billion in Q1 2024, and a 42.1% decrease from RMB42.6 billion in Q4 2024 [4][12][23] - Gross profit was RMB5.3 billion (US$732.9 million), a slight increase of 0.6% from RMB5.3 billion in Q1 2024, but down 40.7% from RMB9.0 billion in Q4 2024 [4][12][23] - Net income was RMB646.6 million (US$89.1 million), up 9.4% from RMB591.1 million in Q1 2024, but down 81.7% from RMB3.5 billion in Q4 2024 [4][12][23] Operational Highlights - The company delivered 92,864 vehicles in Q1 2025, marking a 15.5% year-over-year increase [2][4] - As of March 31, 2025, Li Auto operated 500 retail stores in 150 cities, 502 servicing centers, and 2,045 supercharging stations with 11,038 charging stalls [3][4] Recent Developments - In April 2025, the company delivered 33,939 vehicles, representing a 31.6% increase from April 2024 [6] - The company launched new models including Li MEGA Home, which features advanced seating and assisted driving systems [8] - Li Auto became the first automaker to open-source its smart vehicle operating system, Li Halo OS, to encourage collaboration in the industry [9] Business Outlook - For Q2 2025, the company expects vehicle deliveries between 123,000 and 128,000, indicating a year-over-year increase of 13.3% to 17.9% [21][23] - Total revenues are projected to be between RMB32.5 billion (US$4.5 billion) and RMB33.8 billion (US$4.7 billion), reflecting a year-over-year increase of 2.5% to 6.7% [21][23]

Core Viewpoint - Melco Resorts & Entertainment has successfully achieved its goal of sourcing 100% cage-free eggs by 2025 across its global portfolio, reflecting its commitment to sustainability and responsible sourcing [1][3]. Group 1: Sustainability Commitment - The initiative to source cage-free eggs began in 2020 as part of Melco's broader sustainability efforts, which include restoring the environment and empowering local communities [2]. - Melco collaborates with the Lever Foundation to ensure a reliable supply of cage-free eggs and to create economies of scale for this transition [2][3]. Group 2: Impact and Industry Influence - Mr. Lawrence Ho, Chairman and CEO, emphasized that small actions can lead to significant impacts, and the company aims to enhance transparency and supplier engagement in its sourcing practices [3]. - The shift to cage-free eggs is expected to influence other food companies in the region, promoting animal welfare and sustainable food practices [3]. Group 3: Health and Safety Benefits - Cage-free eggs are produced under more humane conditions and are associated with reduced food safety risks, as evidenced by research indicating a significantly higher risk of salmonella contamination in battery cage farms [3].