Wix to Announce First Quarter 2025 Results on May 21, 2025
GlobeNewswire· 2025-04-29 20:15
NEW YORK -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the first quarter ended March 30, 2025 before the market opens on Wednesday, May 21, 2025. Management will host a conference call that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/. What: Wix First Quarter 2025 ...
Highwoods Announces Availability of First Quarter 2025 Results
GlobeNewswire· 2025-04-29 20:15
RALEIGH, N.C., April 29, 2025 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) has released its first quarter 2025 results. To view the release, please visit the investors section of our website at www.highwoods.com or click on the following link: HIW Reports First Quarter 2025 Results About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages ...
Regency Centers Reports First Quarter 2025 Results
GlobeNewswire· 2025-04-29 20:15
Core Insights - Regency Centers Corporation reported stable net income for Q1 2025, maintaining $0.58 per diluted share, consistent with Q1 2024 [4] - The company experienced strong growth in Same Property Net Operating Income (NOI), increasing by 4.3% year-over-year, excluding lease termination fees [9][15] - Regency's credit rating was upgraded to "A-" with a stable outlook by S&P Global Ratings in February 2025 [8][16] Financial Results - Net Income Attributable to Common Shareholders for Q1 2025 was $106.2 million, slightly down from $106.4 million in Q1 2024 [4] - Nareit Funds From Operations (FFO) for Q1 2025 was $210.7 million, or $1.15 per diluted share, compared to $200.0 million, or $1.08 per diluted share in Q1 2024 [5][24] - Core Operating Earnings for Q1 2025 was $199.4 million, or $1.09 per diluted share, up from $193.1 million, or $1.04 per diluted share in Q1 2024 [6][24] Portfolio Performance - Same Property percent leased was 96.5%, an increase of 100 basis points year-over-year [8][15] - Same Property anchor percent leased was 98.3%, up 130 basis points year-over-year, while Same Property shop percent leased was 93.7%, an increase of 70 basis points year-over-year [8][15] - The company executed 1.4 million square feet of comparable new and renewal leases during the quarter, achieving blended rent spreads of +8.1% on a cash basis and +18.6% on a straight-lined basis [8][15] Capital Allocation and Balance Sheet - Regency's in-process development and redevelopment projects had estimated net project costs of $499 million, with a blended yield of 9% [8][11] - The company completed acquisitions totaling approximately $133 million in Q1 2025, including the acquisition of Brentwood Place for $119 million [16] - As of March 31, 2025, Regency had approximately $1.2 billion of capacity under its revolving credit facility [16] 2025 Guidance - The company reaffirmed its 2025 earnings guidance for Nareit FFO, Core Operating Earnings, and Same Property NOI growth, projecting Nareit FFO per diluted share between $4.52 and $4.58 [14] - Same Property NOI growth without termination fees is expected to be between +3.2% and +4.0% for 2025 [14]
Kite Realty Group Reports First Quarter 2025 Operating Results
GlobeNewswire· 2025-04-29 20:15
Core Insights - Kite Realty Group reported a net income of $23.7 million, or $0.11 per diluted share, for Q1 2025, compared to $14.2 million, or $0.06 per diluted share, in Q1 2024, indicating a significant year-over-year increase in profitability [1][21][34] - The company raised its 2025 guidance for NAREIT FFO to a range of $2.04 to $2.10 per diluted share, up from the previous range of $2.02 to $2.08 per diluted share [9] - Kite Realty Group acquired Legacy West in the Dallas MSA for $785 million, with its share amounting to $408 million, through a joint venture with GIC, enhancing its portfolio in a high-growth area [3][11] Financial Performance - The company generated NAREIT FFO of $122.8 million, or $0.55 per diluted share, and Core FFO of $118.1 million, or $0.53 per diluted share for Q1 2025 [7][24] - Same Property Net Operating Income (NOI) increased by 3.1% year-over-year, reflecting strong operational performance [7][33] - The operating retail portfolio's annualized base rent per square foot was $21.49, a 3.1% increase year-over-year [7] Capital Allocation and Investments - Kite Realty executed 182 new and renewal leases representing approximately 844,000 square feet, with blended cash leasing spreads of 13.7% [7][33] - The company sold Stoney Creek Commons for $9.5 million and acquired Village Commons for $68.4 million during the quarter [3][7] - The joint venture with GIC aims to co-invest in high-quality, open-air retail and mixed-use assets, with Legacy West being a key acquisition [3][11] Dividend and Shareholder Returns - The Board of Trustees declared a second quarter 2025 dividend of $0.27 per common share, representing an 8.0% year-over-year increase [8] - The company aims to maintain leverage at or below its long-term target of 5.0x to 5.5x net debt to EBITDA, with a current net debt to Adjusted EBITDA ratio of 4.7x [6][9]
Amarin Regains Compliance with Nasdaq Minimum Bid Price Requirement
GlobeNewswire· 2025-04-29 20:15
-- Nasdaq Compliance Follows ADS Ratio Change to Secure Company’s Public Listing -- -- Amarin Remains Focused on Maximizing the Global Value of VASCEPA/VAZKEPA – DUBLIN and BRIDGEWATER, N.J., April 29, 2025 (GLOBE NEWSWIRE) -- Amarin Corporation plc (NASDAQ: AMRN) today announced it has regained compliance with the Nasdaq Stock Market (“Nasdaq”) continued listing standard for minimum share price under Rule 5550(a)(2) of the Nasdaq Listing Qualifications. On April 29, 2025, the Company received confirmation ...
CooperCompanies Announces Release Date for Second Quarter 2025
GlobeNewswire· 2025-04-29 20:15
SAN RAMON, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- CooperCompanies (Nasdaq: COO), a leading medical device company, announced today it will report second quarter 2025 financial results on Thursday, May 29, 2025, at 4:15 PM ET. Following the release, the Company will host a conference call at 5:00 PM ET to discuss the results and current corporate developments. The dial-in number for the call is 800-715-9871 and the conference ID is 1515103. A simultaneous audio webcast and subsequent replay can be acces ...
Archrock Announces Timing for First Quarter 2025 Results
GlobeNewswire· 2025-04-29 20:15
HOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) (“Archrock”) will host a conference call on Tuesday, May 6, 2025, to discuss its first quarter 2025 financial and operating results. The call will begin at 10:30 a.m. Eastern Time. Archrock will release its first quarter 2025 earnings report prior to the conference call. To listen to the call via a live webcast, please visit Archrock’s website at www.archrock.com. The call will also be available by dialing 1 (800) 715-9871 in the United ...
American Assets Trust, Inc. Reports First Quarter 2025 Financial Results
GlobeNewswire· 2025-04-29 20:15
Financial Results - Net income available to common stockholders for the first quarter of 2025 was $42.5 million, or $0.70 per diluted share, an increase from $19.3 million, or $0.32 per diluted share, in the same period of 2024 [5][24] - Funds from Operations (FFO) per diluted share, excluding lease termination fees and litigation income, decreased 10% year-over-year to $0.52 for the first quarter of 2025, compared to $0.58 in the first quarter of 2024 [5][6] - Same-store cash Net Operating Income (NOI) increased by 3.1% year-over-year for the first quarter of 2025 [5][13] Disposition and Acquisition Activity - The company completed the sale of Del Monte Center for $123.5 million on February 25, 2025 [5] - The acquisition of Genesee Park, a 192-unit apartment community in San Diego, was completed for $67.9 million on February 28, 2025 [5] Leasing Activity - Approximately 44,000 square feet of office space were leased with average contractual rent increases of 15% on a straight-line basis and 8% on a cash basis during the first quarter [5] - Approximately 156,000 square feet of retail space were leased with average contractual rent increases of 21% on a straight-line basis and 13% on a cash basis during the first quarter [5] - The portfolio leased status as of March 31, 2025, showed office occupancy at 85.5%, retail at 97.4%, and multifamily at 90.0% [8] Balance Sheet and Liquidity - As of March 31, 2025, the company had gross real estate assets of $3.7 billion and liquidity of $543.9 million, which includes $143.9 million in cash and cash equivalents [15] - The company had only 1 out of 31 assets encumbered by a mortgage as of March 31, 2025 [15] Dividends - The company declared dividends of $0.340 per share for the first quarter of 2025, which were paid on March 20, 2025 [17] - A similar dividend of $0.340 per share has been declared for the second quarter of 2025, payable on June 19, 2025 [17] Guidance - The company affirms its guidance for full year 2025 FFO per diluted share in the range of $1.87 to $2.01, with a midpoint of $1.94 [18]
Freshworks Reports First Quarter 2025 Results
GlobeNewswire· 2025-04-29 20:10
SAN MATEO, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- Freshworks Inc. (Nasdaq: FRSH), the provider of people-first AI service software, today announced financial results for its first quarter ended March 31, 2025. “Freshworks had another fantastic quarter, outperforming our previously provided financial estimates in Q1 with revenue growing 19% year-over-year to $196.3 million, operating cash flow margin of 30% and adjusted free cash flow margin of 28%," said Dennis Woodside, Chief Executive Officer & Presid ...
The Ensign Group Reports First Quarter 2025 Results; Raises Annual Earnings and Revenue Guidance
GlobeNewswire· 2025-04-29 20:07
Core Insights - The Ensign Group, Inc. reported strong operating results for Q1 2025, with GAAP diluted earnings per share of $1.37 and adjusted earnings per share of $1.52, reflecting increases of 15.1% and 16.9% respectively compared to the prior year quarter [4][5]. Financial Performance - GAAP net income for the quarter was $80.3 million, up 16.6% year-over-year, while adjusted net income reached $89.0 million, an 18.0% increase [5]. - Consolidated revenue for the quarter was $1.17 billion, representing a 16.1% increase from the previous year [5]. - The company experienced significant growth in occupancy rates, with same store occupancy increasing to 82.6% and transitioning occupancy to 83.5%, both new highs [4][5]. Growth and Acquisitions - The company added 47 new operations since 2024, with 19 new operations added in the latest quarter alone, indicating a robust acquisition strategy [8][9]. - Ensign's portfolio now consists of 343 healthcare operations across 17 states, with a focus on both leasing and acquiring real estate [12][13]. Guidance and Future Outlook - Following a strong first quarter, the company raised its annual 2025 earnings guidance to between $6.22 and $6.38 per diluted share, which is a 14.5% increase over 2024 results [7]. - Annual revenue guidance was also increased to $4.89 billion to $4.94 billion, reflecting confidence in continued growth and acquisitions [7]. Operational Highlights - The skilled daily census increased by 7.6% and 9.9% for same store and transitioning operations respectively compared to the prior year quarter [5]. - Managed care census grew by 8.9% and 15.6% for same store and transitioning operations respectively, highlighting the company's operational strength [5]. Dividend and Share Repurchase - The company paid a quarterly cash dividend of $0.0625 per share and completed a $20 million share repurchase program, demonstrating strong liquidity and commitment to returning value to shareholders [14].