ATHENS, Greece, May 28, 2025 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship- owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2025. OPERATIONAL AND FINANCIAL HIGHLIGHTS First Quarter 2025 Results: Strong profitability continued for the first quarter, with Net income of $14.1 million corresponding to a basic EPS of $0.38, similar to the previou ...

Summary of Star Surgical Conference Call Company Overview - **Company**: Star Surgical - **Industry**: Medical Devices, specifically focusing on Intraocular Collamer Lens (ICL) technology Key Points Share Buyback Program - Star Surgical announced a $30 million share repurchase program, which was not included in previous cash guidance [2][4] - Management believes the current stock valuation is not reflective of the company's potential, prompting the buyback decision [4][5] - The board has only authorized this single repurchase, indicating it may not become a regular part of the capital allocation strategy [6][7] Inventory and Revenue Expectations in China - The company expects to reach contractual inventory levels with Chinese distributors by June [11] - Anticipated revenue of $27.5 million from one distributor is expected in Q3, with no changes to this expectation [13] - Revenue guidance for Q2 is cautious, with expectations of minimal revenue but a gradual ramp-up anticipated [15][16] - The company is managing inventory closely with distributors to align with actual demand [18][19] Market Trends in China - Demand for ICLs in China appears to be stabilizing, with Q1 showing flat to slightly up procedural volumes compared to the previous year [22][23] - The company is optimistic about long-term growth in China, despite some softness in Q2 [24][37] - The company is not affected by military refractive demands, which are not part of their business model [26][27] Competition and Product Differentiation - Star Surgical faces competition from Ibrite's FakeCIC IOL, but the company believes its unique collagen-based material offers a significant advantage [39][40] - The market for ICLs is large, with over 1 billion people still using glasses or contacts, indicating room for growth despite competition [47] - The company is focused on understanding pricing strategies of competitors and how they will affect market dynamics [44][45] Financial Guidance and Market Outlook - Star Surgical withdrew its 2025 revenue guidance due to uncertainties, including tariff risks and macroeconomic concerns [50][51] - The management team is committed to transparency and aims to provide clearer insights into market opportunities and risks [49][52] - Long-term growth expectations remain positive, with a focus on disciplined capital allocation and market share growth [61][62] Research and Development Opportunities - The company is exploring the use of its collagen material in other therapeutic areas, particularly within ophthalmology [57][58] - R&D spending is significant, but the company aims to focus on projects that can yield meaningful results in a timely manner [58] U.S. Market Strategy - The U.S. market remains critical for Star Surgical, with a current market share in the low to mid-single digits for EVO [60][61] - The company achieved over 50% market share in Japan, indicating potential for growth in the U.S. when market conditions align [62] Additional Insights - The management acknowledges past challenges in meeting revenue expectations and aims to set more realistic future guidance [61][62] - The company is prepared for the upcoming high season in China with adequate inventory positioned for demand [34][35]

SINGAPORE, May 27, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its board of directors (the "Board") has authorized a share repurchase program under which the Company may repurchase up to US$30 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares, over the next six months starting from May 27, 2025.Nangeng Zhang, chairman an ...

Shares of PrimeEnergy Resources Corporation (PNRG) have risen 1.6% since reporting results for the first quarter of 2025. This compares with the S&P 500 index’s 1.8% decline over the same time frame. Over the past month, the stock has gained 5.1% compared with the S&P 500’s 6.5% rally.PrimeEnergy posted first-quarter revenues of $50.1 million, marking a 16.4% increase from the prior-year period’s $42.99 million. The rise was driven by significantly higher natural gas and NGL volumes despite a modest year-ov ...

Core Viewpoint - CF Industries Holdings, Inc. has experienced a 15% increase in share price over the past month, outperforming both the Zacks Fertilizers industry and the S&P 500 index during the same period [1][3]. Group 1: Demand Factors - The rising global demand for nitrogen fertilizers is primarily driven by significant agricultural needs and recovering industrial demand post-pandemic [3]. - In North America, high levels of corn planted acres and low nitrogen channel inventories are expected to boost nitrogen demand [3]. - Brazil is anticipated to see strong urea demand due to increased corn plantings, while India is expected to experience low inventory levels, driving urea imports [5]. Group 2: Supply-Demand Balance - The global supply-demand balance for nitrogen fertilizers is expected to remain favorable due to low corn stocks-to-use ratios and challenging production conditions in Europe [4]. - CF Industries anticipates strong nitrogen demand during the spring application season, driven by favorable returns for corn compared to soybeans [5]. Group 3: Financial Performance - CF Industries reported a 13% year-over-year increase in net sales, reaching $1,663 million in the first quarter, attributed to higher nitrogen prices [6]. - The company’s net cash provided by operating activities increased by approximately 32% year-over-year to $586 million [8]. - CF Industries repurchased 5.4 million shares worth $434 million during the quarter and has a remaining $630 million in its current $3 billion share repurchase program, along with a newly authorized $2 billion program effective through 2029 [8].

Core Insights - ZTO Express reported first-quarter 2025 earnings of 37 cents per share, matching the previous year's quarter, while total revenues of $1.50 billion fell short of the Zacks Consensus Estimate of $1.67 billion but showed year-over-year improvement [1] Financial Performance - The core express delivery business revenue increased by 9.8% year over year, driven by a 19.1% growth in parcel volume, despite a 7.8% decrease in parcel unit price [3] - Adjusted net income for the quarter was $2.3 billion, with retail volume increasing by 46% year over year [2] - Gross profit decreased by 10.4% from the year-ago quarter, with gross margin falling to 24.7% from 30.1% [4] Operational Highlights - ZTO achieved a parcel volume of 8.5 billion during the first quarter [2] - KA revenues, generated by direct sales organizations, surged by 129.3%, attributed to an increase in e-commerce return parcels [3] - Revenue from freight forwarding services declined by 11.6% year over year due to falling cross-border e-commerce pricing [3] Cash and Share Repurchase Program - As of the end of the first quarter, ZTO had cash and cash equivalents of $1.71 billion, down from $1.84 billion at the end of the previous quarter [5] - The board approved an increase in the share repurchase program to $2 billion, extending the effective period through June 30, 2025 [5][6] Guidance - ZTO reaffirms its 2025 parcel volume guidance of 40.8 billion to 42.2 billion, indicating a year-over-year growth of 20-24% [7]

Core Viewpoint - CBAK Energy Technology, Inc. has announced a share repurchase program authorized to buy up to $20 million of its common stock to return value to shareholders and support compliance with Nasdaq's minimum bid price requirement [1][2]. Group 1: Share Repurchase Program - The share repurchase program aims to return value to shareholders and assist in regaining compliance with Nasdaq's minimum bid price requirement [2]. - The company may repurchase shares through various means, including open market purchases and privately negotiated transactions, with the program set to terminate on May 20, 2026 [2]. - The timing and total amount of stock repurchases will depend on various factors, including market conditions and corporate requirements [2]. Group 2: Financial Performance - CBAK Energy reported a gross margin of 31.5% in its battery segment and 23.7% across the entire business for 2024 [3]. - The company's flagship product, the Model 32140, captured 19% of the global market share in 2024, indicating strong market presence [3]. - The management believes the current stock price significantly undervalues the company, reinforcing the decision to initiate the share repurchase program [3]. Group 3: Company Overview - CBAK Energy is a leading lithium-ion battery manufacturer in China, engaged in the development, manufacturing, and sales of high-power lithium and sodium batteries [4]. - The company's products are used in various applications, including electric vehicles and energy storage [4]. - CBAK Energy became the first lithium battery manufacturer in China to be listed on the Nasdaq Stock Market in January 2006 [4].

Daix, May 22, 2025 Pursuant to Article 241-2 of the AMF General Regulations (Règlement Général de l’Autorité des marchés financiers), the purpose of this description is to present the objectives and terms of the Company’s share repurchase program approved by the Ordinary General Meeting of May 22, 2025, it being specified that the Company does not to date intend to pursue any objective other than to animate the market under a liquidity agreement which has been in place since the listing on Euronext. Secur ...

Core Viewpoint - Atour Lifestyle Holdings Limited has declared a cash dividend and authorized a share repurchase program as part of its strategy to enhance shareholder value [1]. Dividend - The Board declared a cash dividend of US$0.14 per ordinary share, or US$0.42 per American depositary share (ADS), amounting to approximately US$58 million in total [2]. - The cash dividend will be payable on or around June 18, 2025, to holders of record as of June 2, 2025 [3]. - The Annual Dividend Policy, adopted in August 2024, stipulates that the company plans to distribute dividends amounting to no less than 50% of its net income for the preceding financial year over three years starting from 2024 [4]. Share Repurchase Program - The Board authorized a three-year Share Repurchase Program allowing the company to repurchase up to US$400 million in value of its ordinary shares and/or ADSs [5]. - Repurchases may occur on the open market, in privately negotiated transactions, or through other legally permissible means, subject to market conditions and regulatory requirements [6]. - As of March 31, 2025, the company had approximately RMB3.1 billion (US$434 million) in cash, cash equivalents, and restricted cash available for funding the repurchases [7].

Core Viewpoint - WeRide Inc. has authorized a share repurchase program to buy back up to US$100 million of its Class A ordinary shares over the next 12 months, reflecting confidence in its business fundamentals and long-term outlook [1][2]. Company Overview - WeRide is a global leader in the autonomous driving industry and the first publicly traded robotaxi company, with operations in over 30 cities across 10 countries [3]. - The company offers a versatile and adaptable autonomous driving platform, WeRide One, which addresses various transportation needs across mobility, logistics, and sanitation [3]. - WeRide was recognized in Fortune Magazine's 2024 "The Future 50" list, highlighting its innovative position in the industry [3]. Share Repurchase Program - The share repurchase program is intended to be executed in the open market at prevailing prices, through privately negotiated transactions, block trades, or other legally permissible means, depending on market conditions [2]. - The program will be funded from the company's existing cash balance, demonstrating a commitment to returning capital to shareholders while investing in growth [2].