Full-year 2025 revenue increased by $2.5 million to $59.2 million compared to $56.7 million for the full-year of 2024. Boca Raton, FL, March 24, 2026 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global holding company with current investments in digital publishing, advertising technology, consumer insights, creative services, and media services, today announced its financial results for the fourth quarter and year ended December 31, 2025. Matt Drinkwa ...

Core Viewpoint - Honeywell has filed a Form 10 registration statement for the planned spin-off of Honeywell Aerospace, which is expected to become an independent public company by the third quarter of 2026, trading under the ticker "HONA" on Nasdaq [1][2]. Group 1: Spin-Off Details - The spin-off represents a significant milestone for Honeywell Aerospace, positioning it as one of the largest publicly listed pure-play aerospace and defense companies [1]. - The transaction is expected to be tax-free for Honeywell shareholders for U.S. federal income tax purposes, except for any cash received in lieu of fractional shares [2]. Group 2: Financial Projections - Honeywell Aerospace is projected to generate net sales of $17.4 billion, pro forma net income of $1.5 billion, and pro forma Adjusted EBIT of $4.3 billion in 2025 [1]. - The company will be organized into three operating segments: Control Systems (CS) with $5.2 billion in net sales, Engines & Power Systems (E&PS) with $5.4 billion, and Electronic Solutions (ES) with $6.8 billion in net sales for 2025 [1]. Group 3: Strategic Focus - Honeywell Aerospace aims to enhance operational excellence and create a culture of continuous improvement, which will improve visibility and consistency across the supply chain [1]. - The company plans to execute an innovation-led growth strategy that prioritizes new systems and aftermarket opportunities, thereby increasing content on current generation platforms and supporting next-generation platforms [1]. Group 4: Leadership and Investor Engagement - Honeywell Aerospace has appointed a highly accomplished leadership team to drive its strategy and growth as a pure-play aerospace business [1]. - An Investor Day is scheduled for June 3, 2026, where the leadership team will provide insights into the business strategy, growth prospects, and financial model [1].

Core Insights - Sturm, Ruger & Company, Inc. reported fourth quarter net sales of $151.1 million and full-year net sales of $546.1 million, reflecting a 3.6% increase in Q4 and a 1.9% increase for the full year compared to 2024 [1] - The company declared a quarterly dividend of $0.08 per share, amounting to approximately 40% of net income for 2025 [1] - Despite a challenging consumer environment, the company launched 65 new models in Q4, contributing to strong consumer demand and outperforming the broader market [1] Fourth Quarter 2025 Financial Highlights - Adjusted diluted earnings for Q4 2025 were $0.26 per share, while diluted earnings were $0.21 per share, down from $0.62 per share in Q4 2024 [1] - Net sales for Q4 2025 reached $151.1 million, up from $145.8 million in Q4 2024 [1] Full-Year 2025 Financial Highlights - The company reported a loss of $0.27 per share for the full year 2025, compared to earnings of $1.77 per share in 2024; adjusted diluted earnings per share were $0.84 in 2025 versus $1.86 in 2024 [1] - Full-year net sales totaled $546.1 million, an increase from $535.6 million in 2024 [1] Shareholder Returns and Capital Management - In 2025, the company returned $36.1 million to shareholders through dividends and share repurchases, with $10.1 million in dividends and $26.0 million used to repurchase 733,000 shares at an average cost of $35.60 per share [1] - Capital expenditures for 2025 amounted to $30.9 million, including $15.0 million for the acquisition of Anderson Manufacturing [1] Operational Performance - Cash generated from operations in 2025 was $54.3 million, with cash and short-term investments totaling $92.5 million as of December 31, 2025 [1] - The company's finished goods inventories decreased by 47,700 units, while distributors' inventories decreased by 33,500 units, indicating strong retail demand for new products [1] - Sales of new products accounted for $173 million, or 33%, of firearm sales in 2025, with a 4.5% increase in estimated sell-through from independent distributors to retailers [1] Strategic Focus - The company emphasized the need to improve bottom-line performance and align manufacturing with demand, stating that these actions are essential for long-term success [1] - The management is focused on balancing capacity, controlling costs, and investing in products and capabilities to enhance future growth and performance [1]

Financial Performance Highlights - Net income for Q4 2025 was $99.5 million[5, 12] - Operating net income* for Q4 2025 was $94.7 million[5, 12] - Diluted EPS was $0.46, while diluted operating EPS* was $0.44[5] - Net Interest Margin (NIM*) was 3.61%, and the total deposit cost was 1.59%[5] - Declared dividend of $0.13 per share[6] Balance Sheet and Capital Management - Book Value (BV) per share was $18.42, and Tangible Book Value (TBV) per share* was $12.90[6] - Repurchased 3.1 million shares of common stock for $55.4 million in Q4 2025, representing 26% of the authorized share repurchase program[8] - The company's Wealth assets reached a record high of $10.1 billion, including $9.6 billion of assets under management[10] Income Statement Analysis - Net interest income increased to $237.4 million in Q4 2025 from $200.2 million in Q3 2025[12] - Noninterest income was $46.1 million in Q4 2025[12] - Noninterest expense was $189.4 million in Q4 2025[12] - Operating net income increased by $20.6 million, or 28%, compared to the linked quarter[10] Asset Quality and Loan Portfolio - Non-performing loans increased by $103.1 million to $172.3 million, representing 0.75% of total loans, primarily due to the HarborOne merger[10] - Allowance for loan losses was $332 million, or 1.44% of total loans at year-end, compared to $233 million, or 1.26% at the end of Q3 2025[10] - Period-end loans increased by $4.7 billion, or 25%, linked quarter, primarily due to the addition of HarborOne loans[59] Deposits - Period-end deposits increased by $4.4 billion, or 21%, linked quarter, primarily due to the addition of $4.3 billion of HarborOne deposits[53] - Total deposits were $24.263 billion with a total deposit cost of 1.59%[27] Commercial Real Estate (CRE) Exposure - CRE portfolio totaled $9.5 billion, representing 40% of total loans[86] - Non-performing CRE loans were $121 million, or 1.3% of total CRE loans[86] HarborOne Merger - The deal value for the HarborOne merger was $550 million[94] - Expect annual cost savings of ~$55 million, or ~40%, mostly achieved by Q2 2026[94]

January 22, 2026 GE Aerospace fourth quarter & full year 2025 performance Financial results & company highlights Caution concerning forward-looking statements: This document contains "forward-looking statements" – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. For details on the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements, see www.geaerosp ...

Core Viewpoint - Merit Medical Systems, Inc. has appointed Dr. F. Ann Millner as Chair of the Board following the resignation of Fred P. Lampropoulos, marking a significant leadership transition within the company [1][3][4]. Leadership Changes - Dr. Millner has been a director since 2015 and served as Lead Independent Director since July 2021, bringing extensive experience from her previous roles, including serving in the Utah State Senate and as President of Weber State University [2]. - Fred P. Lampropoulos resigned as a director and Chair of the Board on January 4, 2026, after concluding his role as Executive Chair on January 3, 2026, and his tenure as President and CEO on October 3, 2025 [3][4]. Company Performance - Preliminary unaudited revenue for the fourth quarter of 2025 is estimated to be between $389 million and $395 million, reflecting a year-over-year increase of approximately 10% to 11% [10]. - The constant currency revenue for the same period is projected to increase by approximately 8% to 10% year-over-year, indicating strong operational performance despite currency fluctuations [10][14]. Future Outlook - The company is focused on achieving its Continued Growth Initiatives and related financial targets for the three-year period ending December 31, 2026, emphasizing its commitment to delivering value to customers, employees, and shareholders [5]. - Merit plans to announce its financial results for the quarter and year ended December 31, 2025, and provide fiscal year 2026 guidance on February 24, 2026 [7].

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]