Finning releases 2024 sustainability report
Globenewswire· 2025-06-10 21:00
VANCOUVER, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) -- Finning International Inc. (TSX: FTT) ("Finning," the "Company," "we," "us" or "our") announced today the release of our 2024 Sustainability Report highlighting continued progress in our sustainability performance and objectives. “At Finning, everything we do is grounded in our purpose to create a positive impact,” said Kevin Parkes, Finning President and CEO. “In 2024, we made meaningful strides in reducing our GHG emissions, advancing diversit ...
17 Education & Technology Group Inc. Announces First Quarter 2025 Unaudited Financial Results
GlobeNewswire News Room· 2025-06-10 21:00
Core Insights - 17 Education & Technology Group Inc. reported a strong performance in Q1 2025, highlighting significant progress and innovation, particularly with AI-powered product upgrades that enhance teaching and learning efficiency [3][4]. Financial Performance - Net revenues for Q1 2025 were RMB 21.7 million (US$ 3.0 million), a year-over-year decrease of 15.0% from RMB 25.5 million in Q1 2024, primarily due to reduced revenues from district-level projects as resources were shifted to school-based projects [4]. - Cost of revenues decreased by 11.9% year-over-year to RMB 13.8 million (US$ 1.9 million), aligning with the decrease in net revenues [5]. - Gross profit for Q1 2025 was RMB 7.8 million (US$ 1.1 million), with a gross margin of 36.2%, down from 38.4% in Q1 2024 [8]. - The net loss for Q1 2025 was RMB 30.9 million (US$ 4.3 million), a significant improvement from a net loss of RMB 56.1 million in Q1 2024, with net loss as a percentage of net revenues improving to negative 142.8% from negative 219.9% [14]. - Adjusted net loss (non-GAAP) for Q1 2025 was RMB 22.4 million (US$ 3.1 million), compared to RMB 42.7 million in Q1 2024, with adjusted net loss as a percentage of net revenues improving to negative 103.4% from negative 167.4% [15]. Operating Expenses - Total operating expenses for Q1 2025 were RMB 41.7 million (US$ 5.7 million), a decrease of 42.6% from RMB 72.7 million in Q1 2024 [9]. - Sales and marketing expenses decreased by 30.7% year-over-year to RMB 13.0 million (US$ 1.8 million) [10]. - Research and development expenses decreased by 34.0% year-over-year to RMB 12.6 million (US$ 1.7 million) [11]. - General and administrative expenses saw a significant decrease of 53.8% year-over-year to RMB 16.1 million (US$ 2.2 million) [12]. Cash Position - As of March 31, 2025, cash and cash equivalents, restricted cash, and term deposits totaled RMB 333.3 million (US$ 45.9 million), down from RMB 359.3 million as of December 31, 2024 [17]. Management Changes - The company announced the retirement of Mr. Jiawei Gan as an independent director and the appointment of Mr. Gui Jia as an independent director [25]. - Mr. Michael Chao Du resigned as Chief Financial Officer, with Ms. Sishi Zhou appointed as the Acting Chief Financial Officer [27].
Vocus and Telesat announce multi-year Telesat Lightspeed terrestrial infrastructure and services contract
Globenewswire· 2025-06-10 20:56
MELBOURNE, Australia and OTTAWA, Canada, June 10, 2025 (GLOBE NEWSWIRE) -- Vocus, Australia's specialist digital infrastructure provider, and Telesat (Nasdaq and TSX: TSAT), one of the world's most innovative satellite operators, today announced that Vocus will build Australia's first Telesat Lightspeed Low Earth Orbit (LEO) Landing Station. Vocus will construct and operate the new Landing Station in New South Wales, Australia and provide fibre connectivity to Telesat's point of presence (PoP), connecting T ...
Is EPR Properties Still A Buy After Blistering Rally?
Seeking Alpha· 2025-06-10 20:55
EPR Properties (NYSE: EPR ) has been one of the best-performing REITs in 2025, with the commons up 28% year-to-date, building on a 1-year rally that sits just around 41%. The rally has powered the REIT to hit a new 5-year high, which inclusive of EPR'sThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth compani ...
Organon & Co. (OGN) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-06-10 20:49
LOS ANGELES, June 10, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Organon & Co. ("Organon" or the "Company") (NYSE: OGN) have opportunity to lead the securities fraud class action lawsuit.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ORGANON & CO. (OGN), CLICK HERE BEFORE JULY 22, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. What Is The Lawsuit About? The complaint filed alleges that, between October 31, ...
Charles Schwab Gets Buy Rating Reaffirmed As It Grows Clients While Cutting Costs
Seeking Alpha· 2025-06-10 20:47
Albert Anthony is The Analyst, providing markets commentary and rating stocks using his proven 6-step methodology, having grown over +1 thousand followers on the global investor platform Seeking Alpha since 2023, writing for financial media as a senior analyst for his own equities research firm, Albert Anthony & Co, including for platforms like Investing.com. The Croatian-American author writing under pen name Albert Anthony also is launching a new book called The Analyst: 6 Steps To Picking Stocks For Futu ...
Vaxart to Host Conference Call on June 11 at 8:30 AM ET to Discuss Topline Results from Its Phase I Norovirus Trial
Globenewswire· 2025-06-10 20:47
SOUTH SAN FRANCISCO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- Vaxart, Inc. (NASDAQ: VXRT), a clinical-stage biotechnology company developing a range of oral recombinant pill vaccines based on its proprietary delivery platform, today announced it will release topline data from the norovirus Phase I trial before the market open on Wednesday, June 11, 2025. The Vaxart senior management team will host a live conference call on the same date beginning at 8:30 a.m. Eastern Time to review the data and provide a t ...
ServiceTitan: An Excellent Time To Buy The Dip
Seeking Alpha· 2025-06-10 20:46
With a stock market that is looking exceedingly expensive again, investors have been a tough bunch to please during the Q1 earnings season, sending shares of stocks down even if they pull off a successful beat-and-raise. And yet with valuation multiples looking rich, investorsWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the ind ...
Red Cat Holdings, Inc. (RCAT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-06-10 20:45
BENSALEM, Pa., June 10, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Red Cat Holdings, Inc. ("Red Cat" or the "Company") (NASDAQ: RCAT).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN RED CAT HOLDINGS, INC. (RCAT), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JULY 22, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.Contact the Law Off ...
Canoe Financial announces changes to its mutual fund lineup
Globenewswire· 2025-06-10 20:45
CALGARY, Alberta, June 10, 2025 (GLOBE NEWSWIRE) -- Canoe Financial LP (“Canoe Financial”) today announced changes to two of its investment funds. Fund name changes Effective June 20 2025, the following name changes will take effect: Canoe Defensive Global Balanced Fund will be renamed Canoe Fundamental Global Balanced FundCanoe Canadian Small Mid Cap Portfolio Class will be renamed Canoe Fundamental Small Mid Cap Portfolio Class These changes reflect Canoe Financial’s continued focus on clarity, precision ...