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Mercury Acquires Star Lab to Advance Its Leadership Position in Secure Processing
GlobeNewswire· 2025-05-01 20:15
ANDOVER, Mass., May 01, 2025 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a technology company that delivers mission-critical processing to the edge, today announced the closure of an agreement that will further advance the company’s leadership position in secure processing capabilities for aerospace and defense applications. Mercury has completed the acquisition of Star Lab, a subsidiary of Wind River Systems, Inc., that provides anti-tamper and cybersecurity software solutions d ...
Ready Capital Corporation Announces First Quarter 2025 Results and Webcast Call
GlobeNewswire· 2025-05-01 20:15
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- Ready Capital Corporation (NYSE: RC) (the “Company”) today announced that the Company will release its first quarter 2025 financial results after the New York Stock Exchange closes on Thursday, May 8, 2025. Management will host a webcast and conference call on Friday, May 9, 2025 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended March 31, 2025. Webcast:The Company encourages use of the webcast du ...
Ryman Hospitality Properties, Inc. Reports First Quarter 2025 Results
GlobeNewswire· 2025-05-01 20:15
NASHVILLE, Tenn., May 01, 2025 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months ended March 31, 2025. First Quarter 2025 Highlights and Recent Developments: The Company reported first quarter records for consolidated revenue of $587.3 million, Hospitality segment revenue of $497.7 million and Entertainme ...
Runway Growth Finance Corp. Reschedules Release of First Quarter 2025 Financial Results and Conference Call
GlobeNewswire· 2025-05-01 20:15
MENLO PARK, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced that it has rescheduled its previously announced release of first quarter 2025 financial results to after market close on Monday, May 12, 2025. Runway Growth will now host a conference call and simultaneous webcast to discuss its first quarter 2025 finan ...
Gabelli Announces Partnership with Keeley’s Asset and Wealth Management Services
GlobeNewswire· 2025-05-01 20:15
GREENWICH, Conn. and CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) -- GAMCO Investors, Inc. (“Gabelli”) (OTCQX: GAMI) announced today that it has reached an agreement with Teton Advisors, Inc. (OTC Pink: TETAA) for the investment management services business of Keeley – Teton Advisors, LLC (“Keeley”). Keeley consists of four mutual funds and approximately 500 separately managed accounts (SMAs) with assets under management (“AUM”) of close to $1.0 billion. As part of the transaction, employees of Chicago-based Keel ...
Black Hills Corp. Requests Rate Review and Rider Renewal in Nebraska
GlobeNewswire· 2025-05-01 20:15
RAPID CITY, S.D., May 01, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Nebraska natural gas utility has filed a rate review application with the Nebraska Public Service Commission requesting $34.9 million in new annual revenue to recover the necessary capital infrastructure and operational costs required to deliver safe, reliable natural gas service for over 304,000 Nebraska customers. Since its last general rate filing in 2020, the company will have invested over $453 mil ...
Uniti Group Inc. to Present at Upcoming Conferences
GlobeNewswire· 2025-05-01 20:15
LITTLE ROCK, Ark., May 01, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the following upcoming conferences: J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on May 13, 2025 at 3:50 PM EDT in Boston, MA. MoffettNathanson 2025 Media, Internet & Communications Conference on May 14, 2025 at 8:00 AM EDT in New York, NY. You may access a live webcast of th ...
Codere Online Files 2023 Annual Report on Form 20-F and to Release Q1-25 Earnings on May 16th
GlobeNewswire· 2025-05-01 20:14
Luxembourg, Grand Duchy of Luxembourg, May 1, 2025 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”), a leading online gaming operator in Spain and Latin America, today announced that it has filed with the U.S. Securities and Exchange Commission (“SEC”) its annual report on form 20-F for the year ended December 31, 2023 (the “2023 20-F”) within the extension period granted by the Nasdaq Hearings Panel. Following this positive development, the Compan ...
Sun Country Airlines Reports First Quarter 2025 Results
GlobeNewswire· 2025-05-01 20:10
Financial Performance - Sun Country Airlines reported total revenue of $327 million for Q1 2025, marking a 4.9% increase compared to Q1 2024 [3][7] - The company achieved GAAP diluted EPS of $0.66 and adjusted diluted EPS of $0.72, reflecting a year-over-year increase of 3.1% and 9.1% respectively [3][39] - GAAP operating income was $56 million with a margin of 17.2%, while adjusted operating income reached $60 million with a margin of 18.3% [3][4] Business Segments - Growth in charter and cargo businesses helped offset lower scheduled service revenue, demonstrating the effectiveness of the company's diversified business model [2][4] - Charter service revenue increased by 15.6% year-over-year to $55 million, while cargo revenue rose by 17.6% to $28 million [7][8] Cost and Expenses - Total GAAP operating expenses increased by 5.5% year-over-year, primarily due to a 5.8% rise in total block hours [9] - Significant non-fuel expenses included a 12.9% increase in salaries, driven by an increase in pilot headcount and wage scale adjustments [9] Capacity and Operations - System block hours flown grew by 5.8% year-over-year, with a 6.7% increase in scheduled service ASMs and a 10.7% increase in charter block hours [6] - Scheduled service TRASM decreased by 4.7% year-over-year, while the total fare per scheduled passenger increased by 1.0% [7][27] Liquidity and Financial Position - Total liquidity as of March 31, 2025, was $227 million, with net debt at $447 million [12][28] - The company completed a secondary public offering and entered into a four-year $75 million revolving credit facility [11][12] Future Outlook - For Q2 2025, the company expects total revenue between $250 million and $260 million, with an operating income margin projected between 4% and 7% [15]
Middlesex Water Company Reports First Quarter 2025 Earnings
GlobeNewswire· 2025-05-01 20:10
Core Viewpoint - Middlesex Water Company reported a decrease in net income and diluted EPS for Q1 2025 compared to the same period in 2024, primarily due to a one-time recovery in the previous year, despite growth in operating revenue and customer base [2][3]. Financial Performance - Net income for Q1 2025 was $9.5 million, with diluted EPS of $0.53, down from $10.7 million and $0.59 in Q1 2024 [2][9]. - Operating revenue increased to $44.3 million, up $3.8 million from $40.5 million in the same quarter last year, driven by rate increases, higher consumption, and customer growth [3][14]. - Operating expenses rose to $32.7 million, an increase of approximately $2.0 million from $30.7 million in Q1 2024, mainly due to higher variable production costs and increased weather-related main break activity [4][14]. Growth Initiatives - The company completed the acquisition of Ocean View water utility assets for approximately $4.6 million, expanding its customer base by serving around 900 customers in Sussex County, Delaware [5][9]. - Middlesex plans to invest approximately $93 million in 2025 to upgrade and enhance its water and wastewater utility infrastructure, having already invested about $19 million in Q1 2025 [7][11]. Rate Applications and Revenue - Middlesex filed a third Distribution System Improvement Charge (DSIC) rate application expected to generate $1.9 million in annual revenues starting June 2025, in addition to existing revenues from previous DSIC filings [6][11]. Dividend Declaration - The Board of Directors declared a second quarter cash dividend of $0.34 per common share, to be paid on June 2, 2025, marking 52 consecutive years of dividend increases [10][11].