Select First Quarter 2025 Highlights Revenue rose 29% to $6.4 millionGross margin expanded to 46.4%Operating loss narrowed to $1.0 millionBacklog rose 66% to $10.3 millionCash, cash equivalents and investments of $31.2 million, no long-term debt WARRENVILLE, Ill., May 12, 2025 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today reported ...

Group 1 - Life360 will invest $25 million in Aura, establishing a strategic partnership that includes a commercial agreement for key go-to-market channels [1] - Aura will have the exclusive right to sell Life360 as a bundled solution through its Employee Benefits channel, enhancing distribution capabilities [1] - The partnership aims to combine the strengths of both companies to provide a comprehensive safety solution for families [2] Group 2 - Aura is recognized as a fast-growing online safety solution provider, offering services such as real-time threat detection and tools for protecting children from online risks [3] - Life360 serves approximately 79.6 million monthly active users across more than 170 countries, providing services like location sharing and crash detection [4] - The collaboration is expected to expand access to Life360's services through Aura's established employee benefits channel, aligning with their shared mission of family safety [2][4]

Core Insights - Fox is launching a new subscription-based streaming service called "Fox One" before the fall American football season to expand its audience beyond cable television [1] - The company reported quarterly profit and revenue that exceeded Wall Street expectations, driven by a significant increase in advertising revenue from the broadcast of "Super Bowl LIX" [2][6] - Fox's advertising revenue surged by 65% to $2.04 billion, surpassing estimates, while total revenue rose 27% to $4.37 billion [8] Streaming Strategy - Fox has primarily focused on ad revenue from its free Tubi streaming service, which has approximately 97 million monthly active users, rather than competing directly in the streaming race [3] - The company plans to partner with other distributors and services for Fox One, potentially offering bundled deals to reduce subscriber churn [3][9] - CEO Lachlan Murdoch emphasized that the pricing for Fox One will be healthy and will not undercut cable subscribers [4] Advertising Performance - The broadcast of the Super Bowl attracted an estimated 127.7 million viewers, marking the largest audience in TV history for a single-network telecast [5][9] - Advertisers paid up to $8 million for 30 seconds of commercial time during the Super Bowl, reflecting the high demand for advertising on Fox's platforms [5]

GameStop Corp. (GME) , which sparked the meme-stock revolution, continues to defy conventional market logic. While its fundamentals have yet to catch up with its lofty valuation, retail investor enthusiasm remains strong. Even amid sharp swings and uncertainty over its future trajectory, GME still trades at a premium. As speculative interest lingers, investors are once again at a crossroads: Should you buy into the hype, hold out for more gains or exit before the momentum fades?From a valuation standpoint, ...

Financial Data and Key Metrics Changes - The company reported a record quarterly revenue of €311 million, representing a 17% year-over-year increase [8][24] - Adjusted EBITDA increased by 25% year-over-year to €59 million, with adjusted EBITDA margins expanding by 20 basis points to 19% [27][30] - Free cash flow generated during the quarter was €32 million, compared to breakeven cash flow in the same period a year ago, with a free cash flow conversion rate of 54% [31][32] Business Line Data and Key Metrics Changes - Technology and solutions revenue reached €250 million, growing 14% year-over-year, driven by a 13% increase in betting and gaming content [26] - Sports content, technology, and services revenue increased by 33% year-over-year to €61 million, led by a 36% growth in marketing and media services [26] - Managed betting services grew by 16% year-over-year, reflecting increased turnover and higher trading margins [26] Market Data and Key Metrics Changes - U.S. revenue grew by 31% and now represents 28% of total company revenues, indicating strong growth in the U.S. market [10][27] - The company is capitalizing on the expanding global sports betting market, which is expected to grow at a CAGR of 11% through 2027 [8][9] - Revenue from the rest of the world grew by 12% year-over-year, demonstrating broad-based growth across geographies [26] Company Strategy and Development Direction - The growth strategy is driven by four key pillars: global market expansion, increasing take rates, unlocking adjacent market opportunities, and driving innovation through technology and AI [8] - The company is focused on enhancing its product offerings, including the introduction of next-generation products to drive fan engagement [11][14] - The pending acquisition of IMG Arena's sports rights portfolio is expected to enhance growth strategy and strengthen premium content offerings [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to weather uncertainties, supported by approximately €2 billion of contractual revenue commitments locked in over the next two years [21] - The company anticipates continued strong revenue and EBITDA growth, with guidance for at least €1.273 billion in revenue and €281 million in adjusted EBITDA for 2025 [33][34] - Management noted that the U.S. market is still in an education phase regarding sports betting, but they expect adaptation to international trends [71][75] Other Important Information - The company completed a secondary offering, purchasing €65 million worth of shares under its existing share repurchase program, bringing total repurchases to €86 million [19][32] - The company is well-positioned to invest in long-term growth potential while returning capital to shareholders [32] Q&A Session Summary Question: What drove the U.S. growth of 31% in Q1? - Management attributed the growth to executing a well-defined strategy, leveraging a large portfolio of sports content, and strong monetization of products [39] Question: Is there any softness in the industry or player demographics? - Management indicated that the U.S. market is growing rapidly, with a significant portion of revenue coming from betting-related activities [40] Question: What are the expectations for the IMG acquisition? - Management confirmed that expectations for EBITDA accretion remain unchanged, with the deal expected to close by the end of Q3 or early Q4 [47][48] Question: What is the roadmap for computer vision data capture? - Management stated that while full automation is not feasible for all sports, they aim to cover about 90% of events, enhancing product offerings with more data points [64] Question: What are the biggest variables that could push revenue above the 15% CAGR? - Management highlighted market expansion, new product opportunities, and growth in adjacent markets as key factors that could drive higher revenue growth [92][94] Question: How durable is the growth in marketing and media services? - Management expressed confidence in the sustainability of growth, driven by better returns for clients and increased spending on marketing campaigns [96][99]

Blade Air Mobility (BLDE) Q1 2025 Earnings Call May 12, 2025 08:00 AM ET Company Participants Mathew Schneider - Vice President of Investor Relations and Strategic FinanceRobert Wiesenthal - CEO & DirectorWilliam Heyburn - CFO & Head of Corporate DevelopmentJason Helfstein - Managing Director - Head of Internet ResearchLaura Li - Equity Research AssociateMahima Kakani - Equity Research AssociateJon Hickman - Managing Director, Equity Research Conference Call Participants Ben Klieve - Senior Equity Research ...

Financial Data and Key Metrics Changes - The company reported an 11% revenue growth excluding Canada, with a year-over-year improvement in adjusted EBITDA of $2.3 million [6][21] - The passenger segment revenue grew 42% year-over-year excluding Canada, marking the first adjusted EBITDA profitable quarter since going public [6][7] - Medical revenue remained roughly flat year-over-year at $35.9 million, with significant monthly variability observed [14][15] Business Line Data and Key Metrics Changes - Passenger segment adjusted EBITDA improved by $2.7 million year-over-year, reaching $6.3 million as of Q1 2025, up from $3.6 million in Q4 2024 [7][13] - Short distance revenue increased by 28.1% year-over-year, primarily driven by growth in Europe [13] - Jet and Other revenue increased by 60% year-over-year due to higher flight volume and revenue per flight [13] Market Data and Key Metrics Changes - The European market showed strong revenue growth attributed to restructuring efforts, with approximately $6 million in revenue for Q1 [43] - The company expects ongoing year-over-year benefits from cost and restructuring actions in the passenger segment [8][11] Company Strategy and Development Direction - The company is focused on disciplined capital allocation, evaluating investments in aircraft and medical acquisitions to strengthen its competitive position [12][21] - The transition from helicopters to eVTOL is seen as a significant opportunity, with expectations for deployment in late 2025 to early 2026 [61] - The company aims to enhance customer service by positioning dedicated aircraft closer to customers, resulting in improved service and reduced repositioning costs [36][54] Management's Comments on Operating Environment and Future Outlook - Management acknowledged macroeconomic uncertainties but expressed confidence in the resilience of their higher-end consumer base [10][24] - The company expects to see improved medical segment adjusted EBITDA margins in the second half of 2025, despite elevated maintenance downtime in Q2 [22][23] - Management remains optimistic about the passenger segment's performance, particularly in Europe, and anticipates continued growth in the medical segment [29][34] Other Important Information - The company ended Q1 2025 with $120 million in cash and short-term investments, providing flexibility for strategic investments [20] - The company has implemented a withhold to cover method for taxes on employee stock-based compensation, effectively reducing outstanding shares [20] Q&A Session Summary Question: Themes for the year regarding passenger and medical segments - Management highlighted improved profitability in the passenger segment and the impact of maintenance on medical mobility, with expectations for better performance in the second half of the year [28][34] Question: Revenue contribution from Europe and sustainability of growth - Approximately $6 million of revenue was generated from Europe in Q1, with expectations for seasonality affecting future performance [43] Question: Capital allocation priorities - The company focuses on tactical and strategic medical acquisitions, organic growth initiatives, and has a buyback authorization in place [44] Question: Bookings trends and impact of recent issues - Bookings for summer appear better than last year, but the company is monitoring the situation at Newark closely [48][51] Question: Repositioning aircraft strategy - The company has added 50% more dedicated aircraft, improving service delivery and reducing repositioning needs [53] Question: eVTOL deployment timing and route extensions - eVTOL deployment is expected in late 2025 to early 2026, with potential for new landing zones and route extensions [58][61] Question: Update on New Jersey site operations - The Newport Heliport is primarily used for charter services, and the company aims to manage more heliports in its service area [65]

LEXINGTON, Mass., May 12, 2025 (GLOBE NEWSWIRE) -- Keros Therapeutics, Inc. (“Keros”) (Nasdaq: KROS), a clinical-stage biopharmaceutical company focused on developing and commercializing novel therapeutics to treat a wide range of patients with disorders that are linked to dysfunctional signaling of the transforming growth factor-beta (“TGF-ß”) family of proteins, today announced that Keros’ Chair and Chief Executive Officer Jasbir S. Seehra, Ph.D., will participate in a fireside chat presentation at the Ba ...

J P M O R G A N North America Equity Research 07 May 2025 Neutral ▲Price Target (Dec-25):$355.00 Prior (Dec-25):$270.00 Internet - Mid & Small Cap Cory A Carpenter AC (1-212) 270-8125 cory.carpenter@jpmorgan.com Daniel Pfeiffer (1-212) 622-0161 daniel.pfeiffer@jpmchase.com Andrew Watts (1-212) 622-9400 andrew.watts@jpmorgan.com J.P. Morgan Securities LLC Key Changes (FYE Dec) APP, APP US Price (07 May 25):$303.46 | | Prev | Cur | | --- | --- | --- | | Revenue - 25E ($ mn) | 4,957 | 5,410 | | Revenue - 26E ( ...

Company Performance - MercadoLibre has shown impressive performance with a revenue increase of 64% and gross merchandise volume growth of 40% [5] - Unique buyers increased by 25% year over year, contributing to the growth in gross merchandise volume [4] - The operating margin expanded from 12.2% to 12.9%, indicating improved profitability [5] Market Opportunities - The company holds only 5% of the total retail market in Latin America, suggesting significant growth potential as e-commerce penetration increases [9] - The offline retail market still dominates at 85%, providing a large opportunity for MercadoLibre to capture more market share [9] - The fintech sector is also expanding, with assets under management increasing by 103%, indicating strong engagement in financial services [8] Strategic Initiatives - MercadoLibre has launched the Mercado Play App, which offers 15,000 hours of free content and is expected to drive growth in advertising revenue [10] - The company is focusing on groceries, which increased by 65% year over year, enhancing customer retention and repeat purchases [6] - Management is exploring deeper involvement in streaming and full banking services, with plans for a bank charter in Mexico [12] Stock Valuation - Following the strong first-quarter results, MercadoLibre's stock has risen 42% in 2025, outperforming the broader market [13] - The stock trades at a forward P/E ratio of 36 and a price-to-free cash flow ratio of 17, which are considered reasonable for a high-growth stock [13] - The company has a proven track record, substantial cash reserves, and increasing profits, making it an attractive investment option [14]