NEW YORK, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that it will host its 2026 Investor Day on the morning of Wednesday, February 25, 2026, at Nasdaq’s Global Headquarters in Times Square, New York. The slide presentation and a live webcast will be available on the day of the event on Nasdaq’s Investor Relations website: http://ir.nasdaq.com. A more detailed agenda will be provided at a later date. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company servin ...

Financial Data and Key Metrics Changes - The company reported a GAAP net loss of $38 million or $0.49 per share for Q1 2026 [5] - Fee-related earnings were $81 million, up 13% from the prior year quarter, with an FRE margin of 38% [5][18] - Adjusted net income for the quarter was $48.5 million or $0.40 per share, down from $57.2 million or $0.48 per share in the same quarter last year [6][21] Business Line Data and Key Metrics Changes - Total gross AUM additions were $8.7 billion, driven by strong inflows in managed accounts and balanced contributions across commingled funds [8] - The company generated nearly $9 billion of gross additions during the quarter, including $6.5 billion from managed accounts [12] - Fee earning AUM increased by $6 billion, with undeployed fee earning capital growing to nearly $29 billion [14] Market Data and Key Metrics Changes - The company experienced strong fundraising momentum despite a volatile market backdrop [7] - Private wealth subscriptions exceeded $1 billion for the quarter, with a quick recovery from market volatility [8] - The company noted strong performance in Australia, the Middle East, and Asia for fundraising activities [60] Company Strategy and Development Direction - The company announced a framework agreement with FTSE Russell to develop private asset indices, aiming to enhance transparency and benchmarking capabilities in private markets [9][10] - The partnership is expected to lead to modest near-term earnings contributions, with long-term potential for asset management offerings referencing these indices [10][11] - The company is focused on expanding its private wealth platform and has increased its distribution partners to over 550 [13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery of capital market conditions and a healthy pipeline of investment opportunities [7] - The company anticipates stronger performance fees in the second fiscal quarter, supported by improving capital market trends [9] - Management acknowledged the competitive landscape in the credit market but remains confident in their differentiated multi-manager platform [34] Other Important Information - The company raised its quarterly dividend by 17% from $0.24 to $0.28 per share, reflecting strong growth in fee-related earnings [15] - Adjusted cash-based compensation increased to $96 million, reflecting annual merit increases and headcount growth [18] Q&A Session Summary Question: Can you elaborate on the index opportunity with FTSE Russell? - Management highlighted the launch of a series of indices tracking private markets, with initial revenue expected from licensing fees [25][26] Question: What is the appetite for venture and growth products? - Management noted strong demand for their Spring product, attributing success to their established reputation in the wealth channel [31][32] Question: How much does the private wealth franchise contribute to profitability? - Management indicated that private wealth represents nearly 8% of total fee earning AUM and is expected to scale and contribute more to the bottom line [40] Question: What are the expectations for capital markets activity? - Management expects a recovery in activity levels but noted that sellers are maintaining discipline in valuations [66]

Core Viewpoint - NextPlat Corp is set to release its financial results for the quarter ended June 30, 2025, on August 14, 2025, before market open, and will host a conference call to discuss these results and recent developments [1][2]. Group 1: Financial Results Announcement - NextPlat Corp will announce its financial results for Q2 2025 on August 14, 2025, before the market opens [1]. - The conference call will be hosted by Interim CEO David Phipps and CFO Cecile Munnik at 8:30 a.m. EDT [2]. Group 2: Conference Call Details - Investors can submit questions for the Q&A portion of the call before August 12, 2025 [2]. - The call can be accessed via a toll-free number (1-800-836-8184) or an international number (1-646-357-8785) [2]. - A live broadcast and replay of the conference call will be available on the company's website [3]. Group 3: Company Overview - NextPlat is a global consumer products and services company that provides healthcare and technology solutions through eCommerce and retail channels [4]. - The company aims to assist businesses in optimizing their eCommerce presence and revenue through acquisitions, joint ventures, and collaborations [4]. - NextPlat operates an eCommerce communications division and offers pharmacy and healthcare data management services in the U.S. through its subsidiary, Progressive Care [4].

Company Overview - NextPlat operates a global consumer products and services company providing healthcare and technology solutions through e-Commerce and retail channels worldwide[4] - The company is listed on the Nasdaq Capital Market under the tickers NXPL (Common Stock) and NXPLW (Warrants)[6] - As of March 31, 2025, NextPlat had 26 million common shares outstanding[6] - The company's market capitalization was $20.1 million as of July 1, 2025[6] Financial Performance - NextPlat reported $65.5 million in consolidated revenues for the year ended December 31, 2024, representing a 73% increase compared to the prior year[6, 52] - The company had $17.7 million in cash as of March 31, 2025[6, 55] - For the quarter ended March 31, 2025, NextPlat reported $14.525 million in net revenue[55] - Net loss attributed to common stockholders for the quarter ended March 31, 2025, was $1.343 million[55] Strategic Initiatives - NextPlat is focused on high-growth sectors, including technology, healthcare, and consumer wellness[7, 10] - The company leverages global online storefronts and offers turn-key access to high-barrier markets like China[8, 9] - NextPlat is expanding its offerings through strategic investments/acquisitions, licensing, or partnering with brands in high-growth sectors[17]

Core Insights - WidePoint Corporation (WYY) is making significant progress under the Department of Defense's Spiral 4 contract, which has a potential value of up to $2.7 billion across multiple vendors, presenting a major pipeline opportunity [1] - The company secured two new task orders under Spiral 4 in Q1 2025, adding to a previously announced base-year award with a potential 10-year value of approximately $25 million, indicating growing traction despite modest award sizes [2][11] - WidePoint is expanding its internal team dedicated to Spiral 4, reflecting confidence in pipeline conversion and long-term execution, and differentiating itself by offering managed mobility and lifecycle services beyond core carrier offerings [3][11] - The transition from Spiral 3 to Spiral 4 is expected to drive momentum for WidePoint as several awards under Spiral 3 are set to expire by mid-2025 [2][4] Competitive Landscape - Other federal mobility providers, such as EchoStar Corporation (SATS) and T-Mobile US, Inc. (TMUS), are also positioning themselves under the Spiral 4 contract [5] - EchoStar, through its subsidiary Hughes Network Systems, is focusing on integrated 5G and satellite-backed connectivity solutions for federal mobility, although it faces operational scrutiny regarding its wireless service obligations [6] - T-Mobile has been selected by the U.S. Department of the Navy as a wireless solutions provider under a $2.67 billion contract, offering a range of services supported by its nationwide 5G network [7][8] Financial Performance - WidePoint's shares have declined by 14.6% over the past three months, contrasting with an 8.4% rise in the industry [9] - The Zacks Consensus Estimate for WidePoint's earnings in 2025 has shifted from a profit of 1 cent per share to a loss of 14 cents, while earnings for 2026 are projected to grow robustly by 175% [13] - The company's stock is currently trading at a forward 12-month price-to-sales multiple of 0.18X, significantly below the industry average of 1.8X, indicating an attractive investment opportunity [16]

Core Points - NextPlat Corp announced the appointment of Rodney Barreto as Interim Chairman and David Phipps as Interim CEO following the unexpected passing of Executive Chairman and CEO Charles M. Fernandez on May 24, 2025 [1][2] - The company expressed deep condolences for Mr. Fernandez's passing, highlighting his commitment to the company and his family [3] - Rodney Barreto has over 35 years of business experience and has been a director at NextPlat since January 2022, while David Phipps has previously served as CEO and Chairman from 2015 to 2021 [3][4] Company Overview - NextPlat Corp is a global e-commerce platform focused on high-growth sectors such as technology and healthcare, aiming to assist businesses in optimizing their online sales [6] - The company operates an e-commerce communications division that provides voice, data, tracking, and IoT products and services globally, along with pharmacy and healthcare data management services in the U.S. through its subsidiary, Progressive Care [6]

Core Viewpoint - Verizon is a leading global provider of technology and communications services, with a significant focus on delivering mobility, reliable network connectivity, and security to its customers [2]. Group 1: Company Overview - Verizon Communications Inc. was established in 2000 and is headquartered in New York City [2]. - The company generated revenues of $134.0 billion in 2023, highlighting its strong market position [2]. - Verizon offers a range of services including data, video, and voice solutions through its award-winning networks and platforms [2]. Group 2: Upcoming Events - Hans Vestberg, Chairman and CEO of Verizon, is scheduled to speak at the J.P. Morgan Global Technology, Media and Communications Conference on May 14, 2025, at 8:00 a.m. ET [1]. - The remarks will be available via webcast, with access instructions provided on Verizon's Investor Relations website [1].

Core Viewpoint - NextPlat Corp has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement, as its closing bid price has been below $1.00 for 30 consecutive business days [1][2]. Compliance Period - The company has been granted a 180-calendar day compliance period until October 27, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days [2]. - If compliance is not achieved by the deadline, NextPlat may qualify for a second 180-calendar day compliance period, provided it meets other listing requirements [3]. Company Response - The Executive Chairman and CEO of NextPlat stated that the company is actively addressing challenges in drug pricing and tariff escalations, while also working to reduce operating expenses and improve business efficiency [4]. - The company plans to monitor its stock price and explore options to regain compliance during the compliance period [4]. Company Overview - NextPlat is a global e-commerce platform focused on high-growth sectors, including technology and healthcare, and aims to assist businesses in optimizing their online sales [6]. - The company operates an e-commerce communications division and provides pharmacy and healthcare data management services through its subsidiary, Progressive Care LLC [6].