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ETC Announces Fiscal 2026 First Quarter Results
Globenewswire· 2025-07-11 20:15
SOUTHAMPTON, Pa., July 11, 2025 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 30, 2025 (the “2026 first fiscal quarter”). Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President stated, “We are pleased with the 39% increase in ETC operating income vs. prior year driven by an increase in sales of Aircrew Training Systems (“ATS”) and a decrease in operating expenses as co ...
First Hawaiian to Report Second Quarter 2025 Financial Results on July 25, 2025
Globenewswire· 2025-07-07 20:00
Core Viewpoint - First Hawaiian, Inc. plans to release its second quarter 2025 financial results on July 25, 2025, before market opens, followed by a conference call to discuss the results [1] Group 1: Financial Results Announcement - The financial results for the second quarter of 2025 will be released on July 25, 2025, before the market opens [1] - A conference call to discuss the results will take place on the same day at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time) [1] Group 2: Conference Call Access - Participants can access the call by registering through a provided link, which will give them a dial-in number and a personalized PIN code [2] - It is recommended that participants dial in fifteen minutes prior to the scheduled start time to avoid delays [2] Group 3: Webcast Information - A live webcast of the conference call, including a slide presentation, will be available on the company's website [3] - An archive of the webcast will also be accessible at the same location [3] Group 4: Company Overview - First Hawaiian, Inc. is a bank holding company based in Honolulu, Hawaii, and its principal subsidiary is First Hawaiian Bank, the oldest and largest financial institution in Hawaii [4] - The company offers a wide range of banking services, including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card, and merchant processing services [4] - Customers can access their accounts through ATMs, online, and mobile banking channels [4]
Banco Santander Chile: Second Quarter 2025 Analyst and Investor Webcast / Conference Call
Globenewswire· 2025-07-01 17:15
SANTIAGO, Chile, July 01, 2025 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Tuesday August 5, 2025, at 11.00 AM (ET time) where we will discuss 2Q 2025 financial results. The Bank's Officers participating in the conference call are: Patricia Pérez, CFO, Cristian Vicuña, Chief Strategy Officer & Head of IR and Andrés Sansone, Chief Economist. A question and answer session will follow the presentation. The Management Commentary ...
Radius Recycling Reports Third Quarter Fiscal 2025 Financial Results
Globenewswire· 2025-07-01 12:00
Significant Improvements Sequentially and Year-Over-Year Higher Ferrous, Nonferrous and Finished Steel Sales Volumes Radius Board Declares Quarterly Dividend PORTLAND, Ore., July 01, 2025 (GLOBE NEWSWIRE) -- Radius Recycling, Inc. (NASDAQ: RDUS) ("Radius" or the "Company") today reported results for the third quarter of fiscal 2025 ended May 31, 2025. The Company reported a loss per share from continuing operations of $(0.59) and a net loss of $(16) million in the third quarter of fiscal 2025, a significant ...
Asante Provides Financial and Operating Results for the Quarter Ended April 30, 2025
Globenewswire· 2025-06-07 00:30
Core Viewpoint - Asante Gold Corporation reported significant operational progress and financial results for Q1 2026, with expectations for continued growth and production increases in the coming years [3][5][14]. Financial Results - Revenue for Q1 2026 was $141.98 million, a 24% increase from $114.31 million in Q1 2025, driven by higher gold prices despite a lower volume of gold sold [4][5]. - Total comprehensive loss for the quarter was $(20.04) million, compared to $(16.04) million in the same period last year [4]. - Adjusted EBITDA rose to $30.66 million from $13.03 million year-over-year, reflecting the impact of high gold prices [6]. Operational Results - Gold equivalent production was 51,912 ounces, down from 53,379 ounces in the same quarter of the previous year, attributed to lower feed grades at the Bibiani mine [7][11]. - The average gold price realized per ounce was $2,946, compared to $2,133 in the same period last year [5]. - All-in sustaining costs (AISC) increased by 58% to $2,971 per ounce, primarily due to increased stripping costs and lower grade ore [8][12]. Bibiani Mine Performance - Total material mined at Bibiani increased by 291.4% to 11,970 kt, while ore mined decreased by 4.8% to 558 kt [9][10]. - The strip ratio at Bibiani was 20.5:1, significantly higher than 4.2:1 in the previous year, reflecting the company's strategy to reduce waste stripping backlog [9][10]. - Revenue from Bibiani was $46.67 million, up from $41.31 million year-over-year, with an average gold price realized of $2,794 per ounce [9]. Chirano Mine Performance - Revenue for the Chirano mine was $95.31 million, an increase from $73.00 million in the same quarter of 2024 [15]. - Gold equivalent production was 34,671 ounces, slightly up from 34,196 ounces year-over-year, despite a decrease in ore grade processed [19]. - AISC for Chirano increased to $2,587 per ounce from $1,951 per ounce, driven by higher sustaining capital expenditures [20]. Future Outlook - The company plans to produce between 155,000 and 175,000 gold ounces at both Bibiani and Chirano for the year ending January 31, 2026, with significant production increases expected in the latter part of the fiscal year [14][21]. - The commissioning of the sulphide treatment plant is anticipated to enhance gold recovery and is expected to be fully operational by Q3 2026 [13][14].
Eltek Ltd. Reports 2025 First Quarter Financial Results
Prnewswire· 2025-05-20 11:00
PETACH TIKVA, Israel, May 20, 2025 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), today announced its financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights "We ended the first quarter of 2025 with revenues of $12.8 million, an increase of approximately 8% compared to Q1 2024, and 18.5% higher than Q4 2024. Net income totalled $1.0 million. Our gross margin was i ...
SOS Limited Reports 2024 Financial Results
Prnewswire· 2025-05-15 20:10
SOS Limited Reports 92.6% Surge in Commodity Trading Revenue Amid Strategic Pivot Cryptocurrency Mining Revenue Halves as SOS Focuses on Facility Upgrades and Commodity ExpansionNEW YORK, May 15, 2025 /PRNewswire/ -- SOS Limited ("SOS" or the "Company") (NYSE: SOS) today reported its full year financial results for the twelve-months ended December 31, 2024 and that it has filed with annual report on Form 20-F for the year ended December 31, 2024 (the "Form 20-F") with the U.S. Securities and Exchange Commi ...
Microbix Reports Results for Q2 Fiscal 2025
Globenewswire· 2025-05-15 11:16
Core Insights - Microbix Biosystems Inc. reported Q2 and H1 fiscal 2025 results, showing a mixed performance with improved gross margins but a decline in overall revenues compared to the previous year [1][2][6]. Financial Performance - Q2 revenue was $5.3 million, a 5% decrease from $5.6 million in Q2 2024, with antigen revenues increasing by 5% to $4.3 million, while QAPs revenues fell by 38% to $864,320 due to delays in assay-development programs [3][10]. - H1 revenue totaled $11.4 million, a 19% decrease from $14.0 million in H1 2024, influenced by the absence of $4.1 million in Kinlytic licensing payments; excluding this, revenues increased by 14% [6][8]. - Gross margin for Q2 improved to 60% from 53% in the previous year, driven by better manufacturing efficiencies and pricing strategies [4][10]. - H1 gross margin was 61%, slightly down from 65% in H1 2024, but improved by 10% when excluding the impact of Kinlytic licensing revenues [7]. Operating Expenses and Income - Operating expenses in Q2 increased by 21% compared to Q2 2024, primarily due to higher investments in R&D and sales and marketing [4][10]. - Q2 net income was $20,664, a significant drop from $377,730 in Q2 2024, while H1 net income was $877,627 compared to $2.8 million in H1 2024, largely due to the absence of Kinlytic licensing fees [5][8]. Cash Position and Liquidity - Cash and equivalents at the end of Q2 stood at $14.5 million, an increase of $1.5 million from the previous quarter, despite debt repayments and share repurchases [5][10]. - The current ratio improved to 9.68, and the debt to equity ratio decreased to 0.27, indicating enhanced financial strength [9][10]. Business Outlook - Management expressed a cautious outlook for the second half of fiscal 2025, particularly for the Antigens business, due to reduced sales into China [2][11].
Bouygues: First-quarter 2025 results
Globenewswire· 2025-05-14 05:30
FIRST-QUARTER 2025 RESULTS Paris, 14/05/25 GROUP OUTLOOK FOR 2025 CONFIRMED, IN A VERY UNCERTAIN MACROECONOMIC AND GEOPOLITICAL ENVIRONMENT. Group sales: €12.6bn, up 2.2% year-on-year Group current operating profit from activities (COPA): €69m, up €43m year-on-yearEquans: improvement in COPA and margin from activities year-on-year, reaching €177m and 3.8% respectively, demonstrating successful execution of the strategic Perform planConstruction businesses: backlog at a new record level (€34.2bn) at end-Mar ...
Gulf Resources Announces First Quarter 2025 Unaudited Financial Results
Globenewswire· 2025-05-13 20:45
Core Viewpoint - Gulf Resources, Inc. reported a net revenue increase of 23% for Q1 2025, despite ongoing operational challenges and losses, indicating potential recovery in the bromine market [2][3][11]. Financial Performance - Net revenues for the quarter ended March 31, 2025, were $1,604,447, up from $1,307,062 in the same period last year, marking a 23% increase [2]. - Cost of revenue decreased by 25% to $1,594,270 from $2,119,845, leading to a gross profit of $10,177 compared to a gross loss of ($812,783) [2]. - General and administrative expenses surged by 94% to $1,389,523 from $717,456, while sales and marketing expenses rose by 13% [2]. - The loss from operations improved by 13% to ($4,610,207) from ($5,269,419) year-over-year [2]. Segment Reporting - Bromine revenues increased to $1,481,869 from $1,146,197, with an average selling price rising by 45% to $3,684 from $2,540 [7]. - Crude salt revenues rose by 5% to $122,578, with sales volume increasing to 4,733 tonnes from 4,071 tonnes, although the price declined by 9.6% [9]. - Chemical products reported no revenues, with an operating loss of ($358,629) [10]. Cash Flow and Balance Sheet - As of March 31, 2025, cash was $8,523,045, with total assets amounting to $165,729,939 and total liabilities at $23,145,112 [6][12]. - Net cash used in operations was ($1,580,128), compared to ($1,330,476) in the previous year [5]. Management Commentary - The Chairman and CEO highlighted ongoing investments in flood prevention and crude salt fields, anticipating improved demand and pricing for bromine [11]. - The company is exploring joint-venture opportunities and potential natural gas projects in Sichuan Province, indicating a strategic focus on resource development [11].