NOVONIX Finalizes Purchase and Sale Agreement for Enterprise South Land
GlobeNewswire· 2025-04-29 22:34
CHATTANOOGA, Tenn., April 29, 2025 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials and technology company, is pleased to announce the execution of a definitive agreement to purchase a 182-acre parcel in the Enterprise South Industrial Park in Chattanooga, Tennessee. This milestone follows the recent unanimous approvals from the City of Chattanooga, Hamilton County, and the Chattanooga Industrial Development Board, completing the necessary ...
Mullen Group Ltd. Announces Details for Virtual Annual Meeting
GlobeNewswire· 2025-04-29 22:32
OKOTOKS, Alberta, April 29, 2025 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") announced that it will be hosting its Annual Meeting ("Meeting") on May 6, 2025 at 3:00pm MDT. The Corporation will be conducting a virtual-only Meeting, which can be accessed via live webcast at: https://meetnow.global/MTHQNDW. Registered shareholders and duly appointed proxyholders will be able to attend, participate and vote at the meeting in real time. Non-registered s ...
Badger Infrastructure Solutions Ltd. Delivers Solid Growth in 2025 First Quarter Revenue, Adjusted EBITDA and Adjusted Net Earnings
GlobeNewswire· 2025-04-29 22:15
CALGARY, Alberta, April 29, 2025 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. ("Badger", the "Company", "we", "our" or "us") (TSX:BDGI) reported first quarter results today. All results are presented in U.S. dollars unless otherwise stated. 2025 FIRST QUARTER OPERATIONAL HIGHLIGHTS Revenue was $172.6 million, up 7% from 2024.Gross profit margin was 25.5%, up from 24.8% in 2024.Adjusted EBITDA(1) improved to $33.8 million, up 16% from 2024.Adjusted EBITDA margin(1) rose to 19.6%, up from 18.1% in ...
iRhythm Technologies to Present at the Bank of America Securities 2025 Health Care Conference
GlobeNewswire· 2025-04-29 22:05
Core Viewpoint - iRhythm Technologies, Inc. is actively participating in the Bank of America Securities 2025 Health Care Conference, showcasing its commitment to advancing digital health solutions [1][2]. Company Overview - iRhythm Technologies, Inc. is a leading digital health care company focused on creating solutions that detect, predict, and prevent disease through the use of wearable biosensors and cloud-based data analytics [3]. - The company utilizes proprietary algorithms to transform data from millions of heartbeats into clinically actionable information, aiming to enhance patient care and health outcomes [3]. Event Participation - iRhythm's management is scheduled to present at the conference on May 13, 2025, at 3:40 p.m. Pacific Time, with a live and archived webcast available for interested parties [2].
GBank Financial Holdings Inc. Announces First Quarter 2025 Financial Results
GlobeNewswire· 2025-04-29 22:01
LAS VEGAS, April 29, 2025 (GLOBE NEWSWIRE) -- GBank Financial Holdings Inc. (the "Company") (OTCQX: GBFH), the parent company of GBank (the "Bank"), today reported net income for the quarter ended March 31, 2025 of $4.5 million, or $0.31 per diluted share, compared to $5.2 million, or $0.37 per diluted share during the fourth quarter of 2024, and $3.7 million, or $0.29 per diluted share, for the first quarter of 2024. First Quarter 2025 Financial Highlights (Unaudited) Net income of $4.5 million and diluted ...
Sound Financial Bancorp, Inc. Q1 2025 Results
GlobeNewswire· 2025-04-29 21:35
Core Viewpoint - Sound Financial Bancorp, Inc. reported a net income of $1.2 million for Q1 2025, a decrease from $1.9 million in Q4 2024, but an increase from $770 thousand in Q1 2024, alongside a cash dividend declaration of $0.19 per share [1][2][40] Financial Performance - Total assets increased by $75.6 million or 7.6% to $1.07 billion at March 31, 2025, compared to $993.6 million at December 31, 2024, but decreased by $17.5 million or 1.6% from $1.09 billion at March 31, 2024 [6] - Loans held-for-portfolio decreased by $13.9 million or 1.5% to $886.2 million at March 31, 2025, compared to $900.2 million at December 31, 2024, and decreased by $11.7 million or 1.3% from $897.9 million at March 31, 2024 [6][33] - Total deposits increased by $72.5 million or 8.7% to $910.3 million at March 31, 2025, from $837.8 million at December 31, 2024, but decreased by $6.5 million or 0.7% from $916.9 million at March 31, 2024 [7] Income and Expenses - Net interest income decreased by $149 thousand or 1.8% to $8.1 million for Q1 2025, compared to $8.2 million for Q4 2024, but increased by $611 thousand or 8.2% from $7.5 million for Q1 2024 [9] - Total noninterest income decreased by $62 thousand or 5.3% to $1.1 million for Q1 2025, compared to Q4 2024, and was virtually unchanged compared to Q1 2024 [11][24] - Total noninterest expense increased by $856 thousand or 12.1% to $7.9 million for Q1 2025, compared to Q4 2024, and increased by $258 thousand or 3.4% compared to Q1 2024 [11][25] Credit Quality - Total nonperforming loans increased by $2.2 million or 28.9% to $9.7 million at March 31, 2025, from $7.5 million at December 31, 2024, and increased by $600 thousand or 6.6% from $9.1 million at March 31, 2024 [8] - The allowance for credit losses on loans to total loans outstanding was 0.95% at March 31, 2025, compared to 0.94% at December 31, 2024, and 0.96% at March 31, 2024 [10][35] Capital Management - Stockholders' equity totaled $104.4 million at March 31, 2025, an increase of $765 thousand or 0.7% from $103.7 million at December 31, 2024, and an increase of $3.4 million or 3.4% from $101.0 million at March 31, 2024 [40]
Algoma Steel Group Reports Financial Results for the First Quarter 2025
GlobeNewswire· 2025-04-29 21:30
Consolidated Revenue of $517.1 Million Shipments of 470K Tons, with an 11% Quarter over Quarter increase in Plate Product Shipments, at 91K Tons Net Loss of $24.5 Million and Adjusted EBITDA Loss of $46.7 Million, Including a $50 Million Insurance Proceeds Receivable First Steel Production from Transformative Electric Arc Furnace (“EAF”) Expected During Q2 2025 With no Material Change in Both Total Project Cost and 2025 EAF Production Expectations SAULT STE. MARIE, Ontario, April 29, 2025 (GLOBE NEWSWIRE) ...
Lake Shore Bancorp, Inc. Announces First Quarter 2025 Financial Results
GlobeNewswire· 2025-04-29 21:27
Core Viewpoint - Lake Shore Bancorp, Inc. reported a net income of $1.1 million for Q1 2025, reflecting a 4.2% increase from the same period in 2024, driven by higher net interest income and reduced non-interest expenses [1][7]. Financial Performance - The net interest income for Q1 2025 was $5.5 million, up by $124,000 or 2.3% from Q4 2024, and increased by $332,000 or 6.5% compared to Q1 2024 [3][7]. - The net interest margin improved to 3.49% in Q1 2025, an increase of 18 basis points from Q4 2024 and 39 basis points from Q1 2024 [7]. - Interest income decreased to $8.4 million in Q1 2025, down by $223,000 or 2.6% from Q4 2024, and down by $242,000 or 2.8% from Q1 2024 [4][6]. Expense Management - Non-interest expenses were $4.9 million in Q1 2025, a decrease of $397,000 or 7.5% from Q4 2024, and down by $117,000 or 2.3% from Q1 2024 [12]. - Interest expense for Q1 2025 was $2.9 million, a decrease of $347,000 or 10.7% from Q4 2024, and down by $574,000 or 16.5% from Q1 2024 [8][10]. Balance Sheet Highlights - Total assets increased to $689.0 million as of March 31, 2025, a rise of $3.5 million or 0.5% from December 31, 2024 [18]. - Total deposits rose to $582.7 million, an increase of $9.8 million or 1.7% compared to December 31, 2024 [18]. - Stockholders' equity increased to $90.7 million, a rise of $794,000 or 0.9% from December 31, 2024 [19]. Credit Quality - The allowance for credit losses on loans was $5.2 million as of March 31, 2025, compared to $5.1 million at December 31, 2024 [15]. - Non-performing assets as a percentage of total assets decreased to 0.50% at March 31, 2025, down from 0.55% at December 31, 2024 [15]. Income Tax Expense - Income tax expense for Q1 2025 was $206,000, a decrease of $72,000 or 25.9% from Q4 2024, and an increase of $23,000 or 12.6% from Q1 2024 [13][14].
Millicom (Tigo) notice of first quarter 2025 results and video conference
GlobeNewswire· 2025-04-29 21:23
Millicom (Tigo) notice of first quarter 2025 results and video conference Luxembourg, April 29, 2025 – Millicom expects to announce its first quarter 2025 results on May 8, 2025, via a press release. Millicom is planning to host a video conference for the global financial community on May 8, 2025, at 14:00 pm (Luxembourg) / 13:00 (London) / 08:00 (Miami). Registration for the interactive event is required at the following link. Participants may also join the conference in listen-only mode by dialing any of ...
CLIMATEROCK ANNOUNCES REVISED MONTHLY SPONSOR CONTRIBUTION OF $0.04 PER SHARE TO TRUST ACCOUNT FOR PROPOSED EXTENSION
GlobeNewswire· 2025-04-29 21:20
London, April 29, 2025 (GLOBE NEWSWIRE) -- ClimateRock (“ClimateRock” or the “Company”) (OTC: “CLRCF”, “CLRCUF”, “CLRWF”) announced today that, in connection with the Company’s upcoming extraordinary general meeting of shareholders (the “Special Meeting”) to consider and approve an extension of time for the Company to consummate an initial business combination from May 2, 2025 to November 2, 2025 (the “Extension”), U.N. SDG Support LLC (the “Sponsor”) or its designees have agreed to revise their intended co ...