SOUTH JORDAN, Utah, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader in healthcare technology, today announced that its Board of Directors unanimously appointed F. Ann Millner, Ed.D., formerly Merit’s Lead Independent Director, as Chair of the Board effective January 5, 2026. Dr. Millner has served as a director of Merit since 2015 and as the Lead Independent Director since July 2021. She previously served as the Chair of Merit’s Governance and Sustainability Com ...

Core Insights - Westaim Corporation reported a net loss of $11.7 million for Q3 2025, a significant increase from a net loss of $1.2 million in Q3 2024, translating to a diluted loss per share of $0.35 compared to $0.05 in the previous year [1][2][3] Financial Performance - The total revenue for Q3 2025 was $14.0 million, with $12.9 million from the Asset Management segment and $0.5 million from the Insurance segment [9] - The Adjusted EBITDA loss for the Insurance segment was $9.4 million, while the Asset Management segment reported an Adjusted EBITDA loss of $2.3 million [11][12] - Consolidated shareholders' equity attributable to controlling interests was $671.3 million, with a book value per fully diluted share of $20.11, down from $22.88 at the end of 2024 [4][5] Business Developments - Westaim's Ceres Life Insurance Company launched multi-year guaranteed annuities (MYGA) in September 2025, receiving positive feedback for its technology and service platform [2][11] - Ceres has received regulatory approval to launch fixed index annuities, expected to commence in early 2026, which is anticipated to become a key product in its portfolio [2][11] - Arena Investors has begun managing Ceres' investment portfolio, aiming for an asset/liability matched strategy with a gross spread exceeding 200 basis points [2] Strategic Initiatives - The company is undergoing restructuring, including the planned closure of its Singapore office, which is expected to yield annualized savings of approximately $4.1 million [3] - Cumulative run-rate savings from restructuring initiatives have reached $8.1 million, with an additional $0.9 million identified from the wind-down of non-core businesses [3] Segment Performance - The Asset Management segment's AUM and Programmatic Capital increased to $4.5 billion as of September 30, 2025, up from $3.4 billion at the end of 2024 [12] - Fee-paying AUM was reported at $2.7 billion, including $0.3 billion from the Insurance segment, compared to $2.4 billion at the end of 2024 [12] Regulatory and Market Position - Ceres Life has obtained product regulatory approvals in 45 states plus the District of Columbia, positioning itself for growth in the annuity market [11] - The company is focused on scaling its operations efficiently, leveraging technology to enhance its competitive position in the insurance sector [11][17]

Core Insights - Qualstar Corporation reported a 49% year-over-year increase in revenue for Q3 2025, reaching $2.0 million, driven by higher sales of automated tape-library systems [6][7] - The company is positioned to capitalize on the resurgence of tape storage and the megatrend of data growth, with a debt-free status and consistent profitability [2][4] - The global data-storage market is projected to grow significantly, from $255 billion in 2025 to $774 billion by 2032, indicating a strong industry backdrop for Qualstar's offerings [10] Financial Performance - Revenue for Q3 2025 was $2,018,000, up $660,000 or 48.6% from $1,358,000 in Q3 2024 [5] - Gross profit increased by 25.4% to $692,000, with a gross margin of 34.3%, down from 40.6% in the prior year due to product-mix shifts [5][8] - Net income improved to $219,000, or $0.15 per share, compared to a net loss of $34,000 in Q3 2024 [6][8] Strategic Positioning - Qualstar is focusing on expanding its customer base across media, government, and enterprise markets, emphasizing reliability and technical expertise [4] - The company aims to enhance its strategic initiatives, including uplisting to a major U.S. exchange, broadening software and distribution partnerships, and pursuing targeted acquisitions [4][15] - The resurgence of tape as a secure and cost-effective solution for long-term data management positions Qualstar favorably in the evolving data-storage landscape [11][12] Industry Trends - The data-storage industry is experiencing a significant shift, with more than 80% of the world's data qualifying as "cold" storage, making tape an essential component for archival information [10] - Tape storage is gaining traction due to its air-gapped security, reliability, and low total cost of ownership, especially as enterprises face rising cloud-retrieval costs and cybersecurity risks [11]

Core Insights - Beeline Holdings, Inc. reported financial results for Q3 2025, showing significant growth in originations and revenues compared to previous quarters [1][8] - The company is actively engaging in blockchain fractional equity transactions, with plans to close additional deals by year-end [3] Financial Highlights - Q3 2025 originations reached $69.8 million, a 35% increase from Q2 2025, with October 2025 being the strongest month since the mortgage industry downturn, achieving $35.3 million in originations [8] - Net revenues for Q3 2025 were $2.3 million, up 37% from Q2 2025, which itself was up 27% from Q1 2025 [8] - Operating expenses were reduced by 8% to $5.2 million in Q3 2025 compared to $5.6 million in Q2 2025 [8] - The net loss for Q3 2025 was $(4.0) million, an improvement from $(4.1) million in Q2 2025 and $(6.9) million in Q1 2025 [8] - Adjusted EBITDA for Q3 2025 was $(2.0) million, compared to $(2.8) million in Q2 2025 [8][9] Future Projections - A projected increase of approximately 65% in originations is expected for Q4 2025 compared to Q3 2025 [8] - Operating profitability for Beeline Loans is anticipated in November 2025, with Beeline Holdings expected to achieve profitability by early Q1 2026 [8] Company Overview - Beeline is positioned as a next-generation mortgage and home-equity company, utilizing blockchain technology and automation to enhance the home financing process [10]

Financial Performance - Remitly achieved \$412 million in revenue for 2Q25, a 34% year-over-year increase[10] - The company reported GAAP net income of \$65 million for 2Q25[10] - Adjusted EBITDA for 2Q25 was \$64 million, representing a 16% adjusted EBITDA margin[10] - Send volume grew by 40% year-over-year to reach \$185 billion in 2Q25[28] - Quarterly active customers increased by 24% year-over-year, totaling 85 million[28] Future Outlook - Remitly projects full-year 2025 revenue to be between \$1610 billion and \$1620 billion, indicating a 27% to 28% year-over-year growth[39] - The company anticipates full-year 2025 adjusted EBITDA to be between \$225 million and \$230 million[39] - For 3Q 2025, Remitly expects revenue to range from \$411 million to \$413 million, a 22% to 23% year-over-year increase[42] - 3Q 2025 adjusted EBITDA is projected to be between \$53 million and \$55 million[42] Strategic Initiatives - Remitly is expanding its total addressable market (TAM) from \$2 trillion to \$22 trillion with Remitly Business[15]

Core Insights - Semler Scientific, Inc. has reported significant progress in its Bitcoin treasury strategy, purchasing approximately $195.4 million of Bitcoin, bringing total holdings to nearly $586.2 million as of July 31, 2025, with unrealized gains exceeding $110.4 million and a BTC yield of 31.3% year-to-date [2][9][10] - The company launched CardioVanta™, a subsidiary focused on healthcare initiatives for early detection of heart failure and cardiac arrhythmia, positioning itself as a dual-engine platform for growth [2][26] - Financial results for Q2 2025 show revenues of $8.2 million, a 43% decrease year-over-year, and a net income of $66.9 million, significantly up from $11 thousand in Q2 2024 [10][11] Bitcoin Treasury Highlights - As of June 30, 2025, Semler Scientific held 4,636 Bitcoins valued at $496.9 million, reflecting a cumulative increase in fair value of $66.9 million [9][10] - The company purchased 1,444 Bitcoins for $149.6 million during Q2 2025 and an additional 385 Bitcoins for $45.8 million through July 31, 2025 [9][10] - Total Bitcoin holdings as of July 31, 2025, reached 5,021 Bitcoins with a fair value of $586.2 million [9][10] Financial Performance - Total operating expenses for Q2 2025 were $10.3 million, compared to $9.1 million in Q2 2024, with a loss from operations of $2.1 million [10][11] - Pre-tax income for Q2 2025 was $80.6 million, influenced by an unrealized gain of $83.8 million from Bitcoin holdings [10][11] - The effective tax rate for Q2 2025 was 17%, compared to 99% in Q2 2024 [10][11] Customer Concentration - The two largest customers accounted for 45% and 31% of Q2 2025 revenues, while the three largest customers in Q2 2024 accounted for 44%, 27%, and 11% of revenues [5][10] Cash Flow and Financing Activities - The company reported a net cash increase of $4.7 million for the period, with significant cash flows from financing activities, including $156.9 million from the issuance of common stock [13][10] - Semler Scientific has entered into a new Controlled Equity OfferingSM Sales Agreement allowing it to issue up to $500 million in common stock [9][10]

Company Overview - Arch Capital Group Ltd provides insurance, reinsurance, and mortgage insurance worldwide through its subsidiaries[1] - The company's financial strength ratings include AA- from Standard & Poor's and A+ from A M Best Company[2] Financial Highlights - Total Gross Premiums Written reached $22.9 billion[2] - Total Assets amounted to $78.8 billion[2] - Total Net Reserves were $23.6 billion[2] - Total Capitalization stood at $25.8 billion[2] - Net Premiums Written were divided among Reinsurance (48% or $7.9 billion), Insurance (46% or $7.7 billion), and Mortgage (6% or $1.1 billion)[2] Capitalization Trend - Total Capitalization increased from $15.6 billion in 2021 to $25.8 billion in 2025[4] Operating Income - Operating Income for the trailing 12 months ending June 30, 2025, was $3.194 billion[6] - The Operating Income Return on Average Equity for the trailing 12 months ending June 30, 2025, was 15.2%[6] Investment Portfolio - The investment portfolio includes Corporates (34.3%), U S Gov't and Gov't Agencies (26.7%), and Equity method funds & other (17.9%)[11]

Core Viewpoint - Waterdrop Inc. reported strong financial and operational growth in the first quarter of 2025, with significant increases in revenue and profit compared to previous periods [3][10]. Financial and Operational Highlights - Net operating revenue for Q1 2025 increased by 7.0% year-over-year to RMB 753.7 million (US$ 103.9 million) and by 9.7% quarter-over-quarter [9]. - Net profit attributable to ordinary shareholders reached RMB 108.2 million (US$ 14.9 million), marking a 34.2% year-over-year increase [10][15]. - First-year premiums generated through the insurance business reached RMB 2,092.4 million (US$ 288.3 million), representing a 19.3% year-over-year increase [10]. - Insurance-related income amounted to RMB 658.0 million (US$ 90.7 million), an increase of 8.4% year-over-year [11]. - Digital clinical trial solution income grew by 11.5% year-over-year to RMB 23.0 million (US$ 3.2 million) [12]. Insurance Business Performance - The insurance business saw a 30.1% year-over-year increase in short-term insurance premiums [4]. - Long-term insurance premiums grew by 27.6% quarter-over-quarter, indicating operational resilience despite product iteration challenges [4]. Crowdfunding and Risk Management - Waterdrop Medical Crowdfunding expanded its verification platform to cover 92% of domestic cities, enhancing risk control and campaign validation processes [5]. - Cumulatively, around 475 million people donated an aggregate of RMB 68.8 billion to 3.47 million patients through the crowdfunding platform [10]. AI and Technology Integration - The penetration of 'AI Insurance Expert - Medical Insurance' facilitated over RMB 2 million in monthly premiums [7]. - The 'AI Service Quality Copilot' improved unit operational efficiency by 83% since its launch [7]. Shareholder Value and Cash Position - The company distributed approximately US$ 7.3 million in cash dividends and repurchased around 54.2 million ADSs for a total consideration of approximately US$ 106.6 million as of May 31, 2025 [8][18]. - As of March 31, 2025, the cash position was RMB 3,543.3 million (US$ 488.3 million) [17].

Core Viewpoint - Zhibao Technology Inc. has revised its financial results for the six months ended December 31, 2024, showing a decreased net loss compared to previous reports, indicating improved financial performance [1][2]. Financial Adjustments - The company made adjustments to its income statement, resulting in a net loss of RMB0.6 million ($0.09 million) for the six months ended December 31, 2024, down from a previously reported net loss of RMB1.5 million ($0.2 million) [2]. - The adjusted basic and diluted GAAP loss per share was RMB0.02 ($0.00), compared to the previously reported RMB0.05 ($0.01) [2]. Balance Sheet Revisions - The revised unaudited condensed consolidated balance sheet showed a decrease in convertible notes from RMB6,888,414 to RMB6,452,341 and an addition of warrant liabilities amounting to RMB1,239,814 [4]. - Total current liabilities increased to RMB235,018,593, and total liabilities rose to RMB242,206,924 after adjustments [4]. Income Statement Changes - Net interest expense increased from RMB1.4 million ($0.2 million) to RMB1.6 million ($0.2 million) [6]. - A gain from the fair value change of warrant liabilities was added, amounting to RMB1.4 million ($0.2 million) [6]. - The loss on settlement of convertible notes increased from RMB4.1 million ($0.5 million) to RMB4.4 million ($0.6 million) [6]. Comprehensive Loss - The comprehensive loss for the six months ended December 31, 2024, was adjusted to RMB1,008,750, down from RMB1,906,027 [8]. - The company projects a 70% revenue growth and improvements in gross profit, profit from operations, and net income for the fiscal year ending June 30, 2025, compared to the same period last year [8]. Company Overview - Zhibao Technology Inc. is a leading InsurTech company in China, primarily providing digital insurance brokerage services [10]. - The company has developed over 40 innovative digital insurance solutions and partnered with over 2,000 business channels, serving more than 20 million end customers [11].

Core Viewpoint - InMode Ltd. is set to release its financial results for the first quarter of 2025 on April 28, 2025, with preliminary revenue expectations ranging from $77.2 million to $77.5 million and a projected non-GAAP gross margin of 78% to 79% [6][2]. Financial Results - The company anticipates first quarter 2025 revenue to be between $77.2 million and $77.5 million [6]. - The projected non-GAAP gross margin for the same period is expected to be in the range of 78% to 79% [6]. - For the full year 2025, InMode expects revenue to be between $395 million and $405 million [6]. Conference Call Details - A conference call to discuss the first quarter 2025 financial results will take place on April 28, 2025, at 8:30 a.m. Eastern Daylight Time [3]. - Key management personnel, including the CEO, CFO, and CTO, will present during the call [3]. - Participants are encouraged to pre-register for the call to receive unique dial-in information [4]. Company Overview - InMode is recognized as a leading global provider of innovative medical technologies, focusing on devices that utilize novel radio frequency technology [6][7]. - The company aims to enhance surgical procedures and improve existing treatments across various medical fields, including plastic surgery, gynecology, dermatology, otolaryngology, and ophthalmology [6][7].