NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced that it is soliciting consents (the “Consent Solicitation”) from holders of its outstanding 5.75% Senior Notes due 2026 (the “Notes”) as of 5:00 p.m. New York City time, on May 30, 2025 (the “Record Date”) to a proposed amendment to the indenture governing such Notes (the “Indenture”). The Consent Solicitation is being made solely upon the terms and conditions described in the C ...

Core Insights - Toll Brothers, Inc. reported strong second quarter results for FY 2025, with home sales revenues reaching a record $2.71 billion, exceeding guidance and reflecting the strength of its diversified luxury offerings [3][4][5] - The company reaffirmed its full-year guidance based on robust first-half results and a strong backlog, despite a softer demand environment [3][4] Financial Performance - Net income for the second quarter was $352.4 million, or $3.50 per diluted share, down from $481.6 million, or $4.55 per diluted share in the same quarter of FY 2024 [5][8] - Home sales revenues increased by 2% year-over-year, with 2,899 homes delivered, a 10% increase from the previous year [5][8] - The backlog value at the end of the quarter was $6.84 billion, down 7% from the previous year, with 6,063 homes in backlog, a 15% decrease [5][8] Margins and Costs - Home sales gross margin improved to 26.0%, compared to 25.8% in FY 2024's second quarter, while adjusted home sales gross margin was 27.5%, down from 28.2% [5][8] - Selling, general, and administrative expenses as a percentage of home sales revenues increased to 9.5% from 9.0% in the prior year [5][8] Guidance and Outlook - For the third quarter, the company expects deliveries between 2,800 to 3,000 units and an average delivered price per home of $965,000 to $985,000 [4] - Full fiscal year guidance remains at 11,200 to 11,600 units delivered, with an average delivered price of $945,000 to $965,000 [4] Cash and Capital Structure - The company ended the quarter with $686.5 million in cash and cash equivalents, down from $1.30 billion at the end of FY 2024 [19] - Stockholders' equity increased to $7.95 billion from $7.67 billion at the end of FY 2024, with a book value per share of $80.84 [19][27] Market Position and Strategy - The company maintains a positive long-term outlook for the new home market, particularly in the luxury segment, supported by favorable demographics and a housing shortage [4] - Toll Brothers continues to adapt to changing market conditions with a balanced operating platform and disciplined underwriting [4]

1Q-25 Earnings Presentation May 12, 2025 Forward-Looking / Cautionary Statements This presentation, including any oral statements made regarding the contents of this presentation, contains forward-looking statements as defined under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, that address activities that Vital Energy, Inc. (together with its subsidiaries, the "Company", " ...

Core Viewpoint - Vital Energy, Inc. reported its first-quarter 2025 financial results, reaffirming its full-year capital investment and production outlook while focusing on efficiency gains and debt reduction [1][12]. Financial Performance - The company experienced a net loss of $18.8 million, or $(0.50) per diluted share, primarily due to a non-cash pre-tax impairment loss of $158.2 million on oil and gas properties [4][36]. - Adjusted Net Income was reported at $89.5 million, or $2.37 per adjusted diluted share, with cash flows from operating activities amounting to $351.0 million [4][8]. - Consolidated EBITDAX reached $359.7 million, and Adjusted Free Cash Flow was $64.5 million [8][48]. Production and Capital Investments - Total production averaged 140,159 BOE/d, with oil production at 64,893 BO/d, both exceeding guidance [7][8]. - Capital investments totaled $253 million, aligning with guidance, and included significant drilling efficiencies [7][9]. Asset Management - The company completed the sale of non-core assets for $20.5 million, which included approximately 9,100 net acres and production of 1,300 BOE/d [6]. - The asset sale is expected to reduce the company's asset retirement obligation by $8.4 million [6]. Debt and Liquidity - Vital Energy reduced total and net debt by $145.0 million and $133.5 million, respectively, through free cash flow and asset sales [8]. - As of March 31, 2025, the company had $735 million outstanding on its $1.5 billion senior secured credit facility [11]. 2025 Outlook - The company anticipates generating approximately $265 million of Adjusted Free Cash Flow at current oil prices of ~$59 per barrel WTI and aims to reduce net debt by approximately $300 million [14][12]. - Vital Energy has hedged about 90% of its expected oil production for the remainder of the year at an average WTI price of $70.61 per barrel [12][13].

Results through Q1 2025 PRESENTATION INVESTOR Peter Hoetzinger, Co CEO & President FORWARD - LOOKING STATEMENTS This presentation may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995. Century Casinos, Inc. (together with its subsidiaries, the "Company", "we", "us", "our") may make other written and oral ...

TEJON RANCH, Calif., May 08, 2025 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three-months ended March 31, 2025. “Tejon Ranch is a one-of-a-kind asset, and I’m honored to take the helm of this incredible company,” said Matthew H. Walker, who assumed the duties of President and CEO of Tejon Ranch Co. on April 1, 2025. “Our first quarter results highlight the consistency of our long-t ...

First Quarter 2025 Earnings Supplement Claros Mortgage Trust, Inc. (CMTG) May 7, 2025 The properties above are not representative of all transactions. The information provided herein is as of March 31, 2025 unless otherwise noted. 8% 7% 5% 8% 9% 9% 15% 14% 19% 19% 44% 43% 0% 20% 40% 60% 80% 100% Multi-family Hospitality Office Mixed-use Land Other a Collateral Diversification 3,7 3/31/25 12/31/24 First Quarter 2025 Highlights | |  | GAAP net loss of $78.6 million, or $0.56 per share; distributable loss of ...

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) -- Itafos Inc. (TSX-V: IFOS) (the “Company”) today reported its Q1 2025 financial results and provided a corporate update. The Company’s financial statements and management’s discussion and analysis for the three months ended March 31, 2025 are available under the Company’s profile at www.sedarplus.ca and on the Company’s website at www.itafos.com. All figures are in thousands of US Dollars except as otherwise noted. CEO Commentary Chief Executive Officer David Delaney ...

Core Viewpoint - Aura Minerals Inc. has reported its Q1 2025 financial and operational results, highlighting a strong start to the year with expectations for improved performance in upcoming quarters, particularly with the Borborema project entering commercial production in Q3 2025 [2][4]. Financial Performance - Total production in Q1 2025 was 60,087 gold equivalent ounces (GEO), a decrease of 10% from Q4 2024 and 12% from Q1 2024 [2][4]. - Net revenue for Q1 2025 reached $161.8 million, a 23% increase compared to Q1 2024 but a 6% decrease from Q4 2024 [2][6]. - Adjusted EBITDA for Q1 2025 was $81.5 million, marking a 53% increase year-over-year and setting a record high for the company [2][6]. Production Details - The Borborema project has commenced operations and is expected to produce between 33,000 and 40,000 ounces in 2025, with commercial production anticipated by Q3 2025 [4][5]. - Aranzazu produced 20,456 GEO in Q1 2025, a 10% decrease from Q4 2024, primarily due to reduced ore milled and increased maintenance downtime [4][6]. - Minosa's production totaled 17,654 GEO, reflecting a 9% decrease from the previous quarter, attributed to lower ore grades [6]. Cost Metrics - Cash cost per GEO sold was $1,149, a 5% increase from Q4 2024, while All In Sustaining Cost (AISC) was $1,461, up 6% from the previous quarter [2][6]. - The net debt at the end of Q1 2025 was $271.9 million, with a net debt-to-last-12-months EBITDA ratio of 0.92x [2][6]. Market Conditions - The average realized gold sales price in Q1 2025 was $2,786 per ounce, an 8% increase from Q4 2024 and 39% higher than Q1 2024 [6]. - Average copper sales prices rose to $4.26 per pound, reflecting a 3% increase from Q4 2024 and 11% higher than the same period in 2024 [6]. Strategic Outlook - The company is focused on developing efficient operations and has set a benchmark for ESG performance with the Borborema project, which incorporates renewable energy and local water resources [5][6]. - Management anticipates a supportive economic environment for commodity prices in the short to medium term, despite potential volatility [7].

Financial Performance - Sales from continuing operations for Q1 2025 were $131.7 million, a slight increase of 0.4% compared to $131.2 million in Q1 2024 [3][7] - Adjusted EBITDA decreased to $2.3 million, representing a margin of 1.7%, down from $4.9 million and a margin of 3.7% in the same period last year [3][9] - The net loss from continuing operations was $4.0 million, compared to a loss of $1.8 million in Q1 2024 [3][10] - Cash flow from operating activities decreased to $6.2 million from $11.7 million in the prior year [3][11] Financial Position - As of March 22, 2025, net debt was reduced to $47.1 million from $47.8 million at the end of 2024 [3][12] - The financial leverage ratio increased to 2.8x from 2.4x [3][4] - Working capital decreased to $45.8 million from $50.3 million at the end of the previous fiscal year, attributed to seasonal effects [11][12] Market Dynamics - The growth in purchasing volume with distribution clients is helping the company gain market share despite a slowdown in the restaurant industry [5] - The renewal of a supply agreement with an institutional client at lower margins than in 2024 is impacting financial performance [8][9] - Wholesale activities sales decreased by 3.8%, primarily due to the slowdown in the restaurant industry [8] Strategic Initiatives - The company announced an agreement to acquire the food distribution assets of Alimplus Inc. and its subsidiary Tout-Prêt Inc. for $51.5 million, pending closing conditions [7] - Management is focusing on sound financial management and aims to improve product and customer mix to mitigate the impact of lower-margin contracts [13]