Lantana, FL, May 28, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a Real Estate Development and construction company focused on Hospitality, commerical, industrial and residential property development, announces that it has executed new contracts totaling more than $69.5 million to date in 2025. These contracts represent several key business verticals, including hospitality, commercial retail, industrial, high-end residential and real estate development. “This achievement is such an imp ...

NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- DSS, Inc. (NYSE American: DSS), a multinational company operating across diverse industries including packaging, real estate, and biomedical innovation, today announced financial results for the first quarter of 2025, highlighting meaningful progress in its financial repositioning and a strong foundation for corporate execution in the coming quarters. In a quarter focused on streamlining operations and financial discipline, DSS delivered significant improvements in ...

TAT Technologies (TATT) Q1 2025 Earnings Call May 20, 2025 08:30 AM ET Company Participants Eran Yunger - Group Director - IR & ESGIgal Zamir - CEO & PresidentEhud Ben-Yair - Chief Financial Officer Eran Yunger Firm supporting Iran Younger, TAT's internal head of investor relations. Hosting today's call is Ygal Zamir, our President and CEO and Ehud Benyere, our CFO. Before getting started, we'd like to draw your attention to the fact that certain matters discussed on this call today may contain forward look ...

Core Insights - TAT Technologies Ltd. reported a revenue growth of 23.6% and a net profit increase of 80.7% for Q1 2025 compared to the same period in 2024, demonstrating strong financial performance and market demand [1][3][11]. Financial Performance - Revenue for Q1 2025 reached $42.1 million, up from $34.1 million in Q1 2024 [11]. - Net income increased to $3.8 million in Q1 2025, compared to $2.1 million in Q1 2024 [11]. - Adjusted EBITDA rose by 56.2% to $5.7 million, representing 13.6% of revenue, compared to $3.7 million or 10.8% of revenue in Q1 2024 [11][14]. - Operating income saw an increase of 89.0% to $4.2 million, which is 9.9% of revenue, compared to $2.2 million or 6.5% of revenue in Q1 2024 [11][14]. Strategic Initiatives - The company secured over $52 million in new orders and long-term agreements, increasing its total backlog to $439 million, which provides strong visibility for future growth [3][11]. - TAT Technologies has implemented strategic growth initiatives that have expanded its addressable market and diversified revenue streams, despite facing supply chain challenges [3][11]. Market Position and Operations - TAT operates in the commercial and military aerospace and ground defense industries, providing a range of products and services [1][6]. - The company has a multi-year track record of consistent profitability, achieving double-digit year-over-year growth for the last three years while expanding profit margins [3][11]. Cash Flow and Financial Health - Cash flow from operating activities was negative at $4.9 million in Q1 2025, compared to negative $3.5 million in Q1 2024 [11][16]. - Total assets increased to $170.9 million as of March 31, 2025, compared to $163.4 million at the end of 2024 [13].

Acquisition Details - Titan Machinery Inc. has completed the acquisition of the dealership assets of Farmers Implement & Irrigation, aligning with its strategic growth initiatives [1][2] - Farmers Implement & Irrigation, a New Holland dealership, has two locations in South Dakota and generated revenues of $20 million in 2024 [2][3] - The acquisition enhances Titan Machinery's New Holland presence in eastern South Dakota [3] Financial Guidance - For fiscal 2026, the agriculture segment's revenues are expected to decline by 20-25%, while the construction segment's revenues are projected to decrease by 5-10% [4] - The company anticipates a loss of $1.25 to $2.00 per share in fiscal 2026, indicating weak demand [4] Stock Performance - Over the past year, Titan Machinery's shares have decreased by 9.6%, contrasting with the industry's growth of 13.5% [5] Earnings Expectations - Titan Machinery is set to report its first-quarter fiscal 2026 earnings, with a consensus estimate of a loss of 79 cents per share, compared to earnings of 41 cents per share in the same quarter last year [9] - The revenue estimate for the first quarter is pegged at $493 million, reflecting a year-over-year growth of 26.4% [9]

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was approximately $70 million, with adjusted EBITDA of approximately $22 million [14] - The company ended the quarter with $35 million in cash and $169 million in total liquidity, with a net leverage ratio of 0.1 times [19] - The financial outlook for 2025 consists of total revenue between $265 million and $285 million and adjusted EBITDA between $47 million and $57 million [19] Business Segment Data and Key Metrics Changes - The Government segment produced quarterly revenue of approximately $26 million, a decrease primarily due to the termination of the PCC contract and the South Texas Family Residential Center contract [14] - The HFS and All Other segments delivered quarterly revenue of approximately $44 million, benefiting from consistent customer demand [15] - The Workforce Hospitality Solutions segment generated approximately $5 million of revenue in Q1, with the majority of construction revenue expected in Q2 and Q3 [17] Market Data and Key Metrics Changes - The company is experiencing strong demand for hospitality solutions to support significant workforce requirements associated with large industrial projects across the U.S. [8] - The government segment is actively pursuing growth opportunities related to immigration initiatives, with a focus on reactivating facilities and supporting policy objectives [9][10] Company Strategy and Development Direction - The company announced two multi-year contracts expected to generate over $380 million in revenue, illustrating its ability to support critical domestic initiatives [5] - The strategic growth initiatives are focused on expanding and diversifying the contract portfolio across end markets, including both commercial and government sectors [12] - The company is evaluating a robust growth pipeline, particularly in large capital investments aimed at modernizing domestic infrastructure [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the existing customer base and operational flexibility, supporting a resilient business model [12] - The company is optimistic about the growth opportunities stemming from significant domestic capital investments and national security initiatives [20] - Management emphasized the importance of maintaining financial flexibility to react to value-enhancing opportunities as they arise [20] Other Important Information - The company redeemed all outstanding senior notes due in June 2025, resulting in expected annual interest savings of over $19 million [18] - The reactivation of the Dilley, Texas facility is progressing ahead of schedule, with expectations for full activation by September 2025 [14] Q&A Session Summary Question: Opportunities on idle assets in the government side - Management indicated strong interest in West Texas assets and ongoing conversations with the government, emphasizing the facility's readiness for immediate occupancy once funding is secured [28] Question: Contract details on the lithium front - The majority of revenue from the workforce subcontract will come from construction activities, expected to contribute about $65 million this year, with service revenue kicking in through 2027 [30][31] Question: M&A or new asset considerations - Management noted strong bid activity in large domestic infrastructure projects and indicated that immediate government opportunities may not require significant capital investment [38][42] Question: Trends in ADR and demand - Management stated that while utilization is slightly up, ADR is down due to a competitive market, with expectations for the remaining quarters to resemble Q1 [46] Question: Financial cadence for the WorkhorseHub contract - The majority of construction activity is expected in Q3, with Q4 being a minimal wrap-up period [50][52] Question: Opportunities to assist the government on immigration policy - Management plans to utilize existing assets first and then consider open market options or new builds if necessary [54]

THE WOODLANDS, Texas, May 19, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the three months ended March 31, 2025.Financial and Operational Highlights Revenue of $69.9 million for the three months ended March 31, 2025. Net loss of $6.5 million for the three months ended March 31, 2025. Basic a ...

WEST FARGO, N.D., May 16, 2025 (GLOBE NEWSWIRE) -- Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today announced that it has completed the acquisition of the dealership assets of Farmers Implement & Irrigation, a two-store New Holland dealership in Brookings and Watertown, South Dakota. The transaction closed on May 15, 2025. For the full calendar year 2024, Farmers Implement & Irrigation generated revenue of approximately $20 million. ...

VerifyMe (VRME) Q1 2025 Earnings Call May 13, 2025 11:00 AM ET Company Participants Nancy Meyers - CFOAdam Stedham - CEO Conference Call Participants Michael Petusky - Managing Director & Senior Research AnalystJack Vander Aarde - SVP & Senior Research Analyst Operator Good day, and welcome to Verifamy's First Quarter twenty twenty five Financial Results Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this ...

Core Viewpoint - International Paper is consolidating its operations in the Rio Grande Valley to enhance customer service and maintain a competitive cost structure, which is part of its strategic growth initiative [1][2]. Group 1: Operational Changes - The company will convert its Edinburg, Texas sheet plant into a warehouse and invest in its McAllen, Texas facility to increase capabilities [1]. - Operations in Reynosa, Mexico will be shifted to a new, modern facility currently under construction, while the box and sheet plants in Edinburg will be closed [1][2]. Group 2: Employee Impact - The company aims to minimize the impact on affected employees through natural attrition, retirements, and open positions at other facilities, including McAllen [3]. Group 3: Company Overview - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with over 65,000 employees and operations in more than 30 countries [4]. - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, strengthening its position in the North American and EMEA regions [4].