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TDS reports first quarter 2025 results
Prnewswire· 2025-05-02 11:30
CHICAGO, May 2, 2025 /PRNewswire/ --As previously announced, TDS will hold a teleconference on May 2, 2025, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com.Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,154 million for the first quarter of 2025, versus $1,262 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $(10) mill ...
EuroHoldings Ltd. Initiates Review of Strategic Alternatives to Maximize Shareholder Value
Globenewswire· 2025-04-30 13:00
ATHENS, Greece, April 30, 2025 (GLOBE NEWSWIRE) -- EuroHoldings Ltd. (NASDAQ: EHLD) (“EuroHoldings” or the “Company”) an owner and operator of ocean-going vessels and provider of seaborne transportation, announced today that, following its spin-off from Euroseas Ltd. on March 18th of this year, its Board of Directors has initiated a comprehensive review of strategic alternatives to maximize shareholder value. These alternatives include, among other possibilities, a potential sale of all or part of the Compa ...
Cellectar Announces Plan to Explore Strategic Alternatives
Globenewswire· 2025-04-30 12:05
Core Viewpoint - Cellectar Biosciences, Inc. is exploring a full range of strategic alternatives to enhance stockholder value, including potential mergers, acquisitions, partnerships, and licensing arrangements [1][2]. Company Overview - Cellectar Biosciences is a late-stage clinical biopharmaceutical company focused on developing proprietary drugs for cancer treatment, utilizing its Phospholipid Drug Conjugate™ (PDC) delivery platform [4]. Product Pipeline - The company's lead product, iopofosine I 131, is designed for targeted delivery of iodine-131 and has been studied in Phase 2b trials for multiple myeloma and CNS lymphoma [5][6]. - Other significant assets include CLR 225, targeting solid tumors like pancreatic cancer, and CLR 125, aimed at triple negative breast, lung, and colorectal cancers [5]. Strategic Evaluation Process - The company has engaged Oppenheimer & Co. Inc. as its exclusive financial advisor to assist in evaluating strategic alternatives, with no set timetable for completion [1][3]. - There are no guarantees that any transaction will result from this evaluation process [3].
Stryve Foods, Inc. Announces Exploration of Strategic Alternatives
Globenewswire· 2025-04-29 13:11
FRISCO, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (OTC: SNAX) (“Stryve” or the “Company”), an emerging healthy snacking company focused on high-protein, air-dried meat snacks, today announces that it has engaged in a formal review process to evaluate potential strategic alternatives aimed at maximizing shareholder value while securing capital to support its accelerating growth in demand. Over the last two years, Stryve has made significant progress in transforming its operations and drivi ...
Enzo Biochem, Inc. Announces Review of Strategic Alternatives after Receiving Multiple Inquiries Regarding a Potential Transaction
Newsfilter· 2025-04-22 12:30
Core Viewpoint - Enzo Biochem, Inc. has initiated a strategic review process to explore options for maximizing shareholder value, including potential transactions and capital returns [1][2][3] Group 1: Strategic Review Process - The Board of Directors has formed a special committee of independent directors, named the Strategic Committee, to evaluate various strategic alternatives [1][2] - The Strategic Committee has engaged BroadOak Capital Partners as financial advisor and BakerHostetler LLP as legal counsel to assist in the evaluation process [2] - There is no set timetable for the review process, and the Board has no biases towards any potential strategic alternatives at this time [3] Group 2: Company Operations and Market Position - Enzo Biochem has over 45 years of experience in the life sciences sector, primarily through its Life Sciences division, which offers a wide range of products including antibodies, genomic probes, and assays [4] - The company’s proprietary products and technologies are integral to translational research and drug development, covering areas such as cell biology and genomics [4] - Enzo Biochem has recently transferred its stock listing from NYSE to OTC, continuing to trade under the ticker symbol "OTCQX: ENZB" [5]
EverCommerce(EVCM) - 2024 Q4 - Earnings Call Transcript
2025-03-13 23:03
EverCommerce Inc. (NASDAQ:EVCM) Q4 2024 Earnings Conference Call March 13, 2025 5:00 PM ET Company Participants Brad Korch - Senior Vice President & Head, Investor Relations Eric Remer - Chairman & Chief Executive Officer Ryan Siurek - Chief Financial Officer Matt Feierstein - President Evan Berlin - Chief Executive Officer, EverHealth Conference Call Participants Bhavin Shah - Deutsche Bank Alex Sklar - Raymond James Mike Richards - RBC Capital Markets Aaron Kimson - Citizens Kirk Materne - Evercore ISI Op ...
CarParts.com Begins Exploring Sale and Other Strategic Alternatives
PYMNTS.com· 2025-03-05 18:02
Core Viewpoint - CarParts.com is exploring strategic alternatives, including a potential sale, after receiving inbound inquiries, with no set timeline for completion and no certainty of a strategic change [1][2] Company Performance - In the third quarter, CarParts.com reported a 13% decline in net sales year-over-year, totaling $144.8 million, alongside a net loss of $10 million [3] - The sales decrease was attributed to deliberate price increases aimed at higher value customers, gross margin expansion, and challenges in the consumer environment, as well as one-time impacts from external events [4] Strategic Initiatives - The company has invested significantly in building a vertically integrated supply chain and a nationwide fulfillment network to enhance its eCommerce experience and mobile app [3] - CarParts.com is undergoing a re-platforming process to improve performance and reduce development cycles, with expectations to capitalize on opportunities in the $400 billion auto parts market [5] User Engagement - The cumulative downloads of CarParts.com's mobile app have more than doubled to over 550,000 at the beginning of the year, indicating growing user engagement despite sales challenges [4]