MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the second quarter ended March 31, 2025. HIGHLIGHTSQuarter ended March 31, 2025 (Unaudited)($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $2,344.1 <td style="ver ...

Quarter Sales of $135.4 million, up 42% from a year earlier, Quarter Gross Margin of 29.7%, up 2.7% from a year earlier, Quarter Net Income of $19.1 million, up 168% from a year earlier, EPS $0.83 for the Quarter, Debt decreased $10.0 million. WOOD DALE, Ill, May 08, 2025 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the "Company" or "PSI") (Nasdaq: PSIX), a leader in the design, engineering and manufacture of emission- certified engines and power systems, announced its financial results for the ...

PANAMA CITY, May 07, 2025 (GLOBE NEWSWIRE) -- Copa Holdings1, S.A. (NYSE: CPA), today announced financial results for the first quarter of 2025 (1Q25). Key highlights include: Net profit of US$176.8 million or US$4.28 per share, a US$0.7 million increase compared to 1Q24.Operating profit of US$213.8 million and an operating margin of 23.8%, a 1.0% and 0.4 percentage point decrease, respectively, compared to 1Q24.Capacity, measured in available seat miles (ASMs), increased by 9.5% year over year.Operating co ...

Marketplace dealer volume growth of 15% YoY Revenue of $460 million, representing 7% YoY growth, driven by 10% YoY Marketplace growth Income from continuing operations of $37 million, representing 99% YoY growth Adjusted EBITDA of $83 million, representing 11% YoY growth Cash flow from operating activities of $123 million, representing 22% YoY growth Authorized new $250 million share repurchase programCARMEL, Ind., May 7, 2025  /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), today reported its first quarter fi ...

Financial Performance - Net sales for the first quarter of 2025 decreased by 3% year over year to $1.26 billion, impacted by a 3% headwind from foreign currency translation [3] - Net income increased by 154% year over year to $99 million, resulting in a net income margin of 7.8% [4] - Adjusted EBITDA rose by 4% to $270 million compared to $259 million in the prior year period, with an adjusted EBITDA margin expanding by 140 basis points to 21.4% [4][10] Segment Results - Performance Coatings net sales were $822 million, down 3% year over year, primarily due to volume declines and foreign currency headwinds [6] - Mobility Coatings net sales were $440 million, a decrease of 1% from the prior year period, with Light Vehicle net sales declining by 1% year over year [8] Cash Flow and Expenditures - Cash provided by operating activities was $26 million, down from $34 million in the same period last year, primarily due to increases in working capital [5] - Free cash flow was a use of $14 million in the first quarter of 2025 compared to a use of $15 million in the prior year period [5] Outlook - For Q2 2025, net sales are projected to grow at a low single-digit percentage, with full-year net sales expected to be between $5.3 billion and $5.375 billion [12] - Adjusted EBITDA for Q2 2025 is projected to be between $280 million and $290 million, with full-year adjusted EBITDA expected to be between $1.15 billion and $1.175 billion [12] Awards and Recognition - The company won two Edison Awards™ and a BIG Innovation Award for advancements in automotive materials and electrical systems [10] Management Commentary - The CEO emphasized the record first quarter Adjusted EBITDA and the company's focus on delivering exceptional solutions and service for customers amid challenging global economic conditions [11]

First quarter sales declined 3.6% to $1.23 billion Installation sales declined 6.7%, offset in part by Specialty Distribution growth of 2.6% Delivered adjusted gross margin of 29.6% and adjusted EBITDA margin of 19.0% DAYTONA BEACH, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada today reported results for the first quarter ended March 31, 2 ...

KANSAS CITY, Mo., May 1, 2025 /PRNewswire/ -- Kansas City Life Insurance Company recorded net income of $1.9 million or $0.19 per share in the first quarter of 2025 compared to net income of $1.6 million or $0.16 per share in the first quarter of 2024. This result included a $4.2 million or 6% decrease in policyholder benefits, net of reinsurance, and a  $0.9 million or 3% decline in operating expenses in the first quarter of 2025 compared to the first quarter of 2024.  In addition, we recorded an income ta ...

Q1 2025 RESULTS Thursday, May 1, 2025 Ali Dibadj Chief Executive Officer Roger Thompson Chief Financial Officer Q1 2025 RESULTS Key metrics – Q1 2025 vs Q4 2024 | | Q1 2025 | Q4 2024 | | --- | --- | --- | | Investment outperformance1 3-/5-/10-year | 77/65/73% | 72/55/73% | | Total AUM | $373.2bn | $378.7bn | | Net flows | $2.0bn | $3.3bn | | U.S. GAAP diluted EPS | $0.77 | $0.77 | | Adjusted diluted EPS2 | $0.79 | $1.07 | | Dividend per share | $0.40 | $0.39 | 1 Represents percentage of AUM outperforming th ...

Core Insights - Eli Lilly and Company reported a strong financial performance in Q1 2025, with a 45% year-over-year revenue growth driven by robust sales of Mounjaro and Zepbound [2][3][7] - The company is investing in manufacturing to meet global demand for its new medicines, including plans to build four new facilities [2][19] - The pipeline continues to show promise with recent product approvals in oncology and immunology, and positive Phase 3 trial results for orforglipron in diabetes and obesity [2][19] Financial Results - Total revenue for Q1 2025 was $12.73 billion, a 45% increase from $8.77 billion in Q1 2024, primarily due to a 53% increase in volume [3][7] - Net income for Q1 2025 was $2.76 billion, up 23% from $2.24 billion in Q1 2024, with reported earnings per share (EPS) increasing to $3.06 from $2.48 [11][36] - Non-GAAP net income was $3.00 billion, a 29% increase from $2.34 billion in Q1 2024, with non-GAAP EPS rising to $3.34 from $2.58 [13][36] Revenue Breakdown - U.S. revenue increased by 49% to $8.49 billion, driven by a 57% increase in volume, mainly from Zepbound and Mounjaro [4][7] - Revenue outside the U.S. rose 38% to $4.24 billion, with a 46% increase in volume, primarily from Mounjaro and Jardiance [5][7] - Mounjaro revenue surged 113% to $3.84 billion, while Zepbound revenue reached $2.31 billion, up from $517.4 million in Q1 2024 [16][17] Cost and Margin Analysis - Gross margin increased 48% to $10.50 billion, with a gross margin percentage of 82.5%, up 1.6 percentage points from the previous year [6][11] - Research and development expenses rose 8% to $2.73 billion, representing 21.5% of revenue, while marketing, selling, and administrative expenses increased 26% to $2.47 billion [8][11] Guidance and Future Outlook - The company reaffirmed its 2025 revenue guidance of $58.0 billion to $61.0 billion, with an expected performance margin of 40.5% to 42.5% on a reported basis [20][22] - The effective tax rate for 2025 is projected to be around 17%, up from approximately 16% [21][22] - EPS guidance for 2025 has been adjusted to a range of $20.17 to $21.67 on a reported basis, reflecting the impact of acquired IPR&D charges [22][23]

GREELEY, Colo., April 30, 2025 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world's leading food companies, reports its first quarter 2025 financial results. First Quarter Highlights: Net Sales of $4.5 billion.Consolidated GAAP operating income margin of 9.1%.GAAP Net Income of $296.3 million and GAAP EPS of $1.24. Adjusted Net Income of $312.6 million and Adjusted EPS of $1.31.Adjusted EBITDA of $533.2 million, or a 12.0% margin.The U.S. Fresh portfolio experienced strong deman ...