Sterling Financial Holdings Company Plc recorded a profit after tax of N17.2bn for the first quarter ended March 31, 2025, more than doubling the N7.5bn posted in the corresponding period of 2024. The financial services firm’s performance was driven by an increase in interest income, which rose by 42 per cent from N55.3bn in Q1
Subscription Revenue: $2.059 billion, up 13% year-over-year. Total Revenue: $2.240 billion, growth of 13%. 12-Month Subscription Revenue Backlog (cRPO): $7.63 billion, increasing 15.6%. Total Subscription Revenue Backlog: $24.62 billion, up 19%. Gross Revenue Retention Rate: 98%. Non-GAAP Operating Income: $677 million, representing a non-GAAP operating margin of 30.2%. GAAP Operating Income: $39 million, impacted by
Insurance Operations Highlights 113.3% first-quarter 2025 property casualty combined ratio, increased from 93.6% for the first quarter of 2024. 11% growth in first-quarter net written premiums, including price increases, premium growth initiatives and a higher level of insured exposures. $383 million first-quarter 2025 property casualty new business written premiums, up 11%. Agencies appointed since the
FRANKLIN, Tenn., April 02, 2025–(BUSINESS WIRE)–Kaiser Aluminum Corporation (NASDAQ: KALU) (“Kaiser” or the “Company”) today announced that it plans to release its first quarter 2025 financial and operating results on Wednesday, April 23, 2025, after the market closes. The Company will host its quarterly conference call on Thursday, April 24, 2025, at 10:00 a.m. Eastern
The segment’s operating and Adjusted EBITDA margin increases were primarily due to lower merchandise and production costs as a percentage of revenues. These were partially offset by higher healthcare claims expense and selling and administrative costs as a percentage of revenues in the second quarter of fiscal 2025. Specialty Garments Revenues for the quarter were $44.4
Revenue: $5.9 million in Q4 2024, down from $6.7 million in Q4 2023. Operating Loss: $1.3 million in Q4 2024, compared to operating income of $0.1 million in Q4 2023. Net Loss: $1 million or $0.07 per share in Q4 2024, versus net income of $0.2 million or $0.01 per diluted share in Q4 2023.
Full Year Revenue Up 14.9% to $1.80B; Fourth Quarter Organic Sales Growth Drives Strong Cash Flow FORT WORTH, Texas, March 06, 2025–(BUSINESS WIRE)–Distribution Solutions Group, Inc. (NASDAQ:DSGR) (“DSG” or the “Company”), a premier specialty distribution company, today announced consolidated results for the full year and fourth quarter ended December 31, 2024. This press release is
Marvell Technology Inc. (NASDAQ:MRVL) has experienced significant volatility in the stock market. Over the past three years, its share price has fluctuated widely, ranging from $36 to $89. Recently, it plunged nearly 11.40% following the announcement of first-quarter guidance that fell short of expectations. Despite this recent drop, I believe Marvell remains significantly overvalued. Growing