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Michigan Business Tribune: Press Releases

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Press releases published on May 6, 2025

Astera Labs Announces Financial Results for the First Quarter of Fiscal Year 2025

Astera Labs Announces Financial Results for the First Quarter of Fiscal Year 2025

Record quarterly revenue of $159.4 million, up 13% QoQ and 144% YoY Strong demand for PCIe scale-up and Ethernet scale-out in custom ASIC platforms PCIe 6 connectivity portfolio poised to ramp in leading GPU-based rack-scale systems starting in Q2 SANTA …

Lifeist Announces Leadership Changes to Advance Strategy of Streamlining Operations and Improving Organizational Efficiency

Lifeist Announces Leadership Changes to Advance Strategy of Streamlining Operations and Improving Organizational Efficiency

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Lifeist Wellness Inc. (“Lifeist” or the “Company”) (TSX.V: LFST; FRANKFURT: M5B0; OTCQB: LFSWF), a leading health and wellness company focused on acquiring, integrating, and building top wellness brands, announces …

Opendoor Announces First Quarter of 2025 Financial Results

Opendoor Announces First Quarter of 2025 Financial Results

SAN FRANCISCO, May 06, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its first quarter ended March 31, 2025. Opendoor’s first …

Cricut, Inc. Reports First Quarter 2025 Financial Results

Cricut, Inc. Reports First Quarter 2025 Financial Results

Paid subscribers up 6% over Q1 2024 to just over 2.97 million Q1 2025 revenue of $162.6 million, down 3% compared to Q1 2024 Net income of $23.9 million, up 22% compared to Q1 2024 Board authorizes three capital allocation items SOUTH JORDAN, Utah, May 06, …

BlackLine Announces First Quarter Financial Results

BlackLine Announces First Quarter Financial Results

LOS ANGELES, May 06, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), today announced financial results for the first quarter ended March 31, 2025. “BlackLine’s first quarter delivered solid results with bookings exceeding expectations, driven by …

Intapp Announces Third Quarter Fiscal Year 2025 Financial Results

Intapp Announces Third Quarter Fiscal Year 2025 Financial Results

Third quarter SaaS revenue of $84.9 million, up 28% year-over-year Cloud annual recurring revenue (ARR) of $351.8 million, up 28% year-over-year Trailing twelve months’ cloud net revenue retention rate as of March 31, 2025 was 119% PALO ALTO, Calif., May …

GigaCloud Technology Inc Wins Two Gold Stevies at the 2025 American Business Awards

GigaCloud Technology Inc Wins Two Gold Stevies at the 2025 American Business Awards

EL MONTE, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc. (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced that it received 2025 …

LifeMD Reports First Quarter 2025 Results and Raises Full-Year 2025 Guidance

LifeMD Reports First Quarter 2025 Results and Raises Full-Year 2025 Guidance

Total revenues increased 49% year-over-year to $65.7 million with telehealth revenue up 70% Adjusted EBITDA increased to $8.7 million from $0.1 million in the year-ago period Telehealth adjusted EBITDA increased to $5.3 million from a loss of $1.3 million …

Prelude Therapeutics Reports First Quarter 2025 Financial Results and Provides Corporate Update

Prelude Therapeutics Reports First Quarter 2025 Financial Results and Provides Corporate Update

PRT3789 monotherapy and combination with docetaxel escalation enrollment is complete and the Company plans to present updated results in the second half of 2025 Enrollment of the Phase 1 study of Prelude’s once daily, oral SMARCA2 degrader, PRT7732 is …

CarGurus to Present at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference

CarGurus to Present at the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference

BOSTON, May 06, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 most visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Jason Trevisan, Chief Executive Officer, is scheduled to …

TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares

TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares

ATHENS. Greece, May 06, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0. …

EverQuote to Present at Upcoming Investor Conferences

EverQuote to Present at Upcoming Investor Conferences

CAMBRIDGE, Mass., May 06, 2025 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that management will present and host one-on-one investor meetings at the following investor conferences: 20th Annual …

Varonis Announces First Quarter 2025 Financial Results

Varonis Announces First Quarter 2025 Financial Results

Annual recurring revenues grew 19% year-over-year SaaS ARR as a percentage of total ARR was approximately 61% Year-to-date cash from operations generated $68.0 million vs. $56.7 million last year Year-to-date free cash flow generated $65.3 million vs. $56. …

89bio to Participate in Upcoming Investor Conferences

89bio to Participate in Upcoming Investor Conferences

SAN FRANCISCO, May 06, 2025 (GLOBE NEWSWIRE) -- 89bio, Inc. (the “Company” or “89bio”) (Nasdaq: ETNB), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of liver and …

Latham Group, Inc. Reports First Quarter 2025 Financial Results

Latham Group, Inc. Reports First Quarter 2025 Financial Results

First Quarter Performance Led by Relative Strength of Fiberglass Pools and Autocovers Sand State Expansion Strategy on Track Continued Benefits from Lean Manufacturing and Value Engineering Initiatives Drove 190-Basis Point Increase in Gross Margin …

Comscore Reports First Quarter 2025 Results

Comscore Reports First Quarter 2025 Results

RESTON, Va., May 06, 2025 (GLOBE NEWSWIRE) -- Comscore, Inc. (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today reported financial results for the quarter ended March 31, 2025. "In the first quarter, we …

Myriad Genetics Reports First Quarter 2025 Financial Results; Updates 2025 Financial Guidance

Myriad Genetics Reports First Quarter 2025 Financial Results; Updates 2025 Financial Guidance

Highlights First quarter 2025 revenue of $196 million declined by 3% year-over-year. Excluding headwinds1 of $16 million, revenue increased 5% year-over-year. First quarter 2025 Prenatal revenue grew 11% year-over-year, while Pharmacogenomics revenue …

Amwell makes grant to new employee under inducement plan

Amwell makes grant to new employee under inducement plan

BOSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a leading technology-enabled care platform provider, announced that on May 6, Amwell made a grant of RSUs of 3,451 shares of its Class A common stock to one new employee. The grant was offered …

Flywire Reports First Quarter 2025 Financial Results

Flywire Reports First Quarter 2025 Financial Results

First Quarter Revenue Increased 17.0% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 16.8% Year-over-Year Previous Fiscal Year 2025 guidance reaffirmed BOSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (“ …

SuRo Capital Corp. Reports First Quarter 2025 Financial Results

SuRo Capital Corp. Reports First Quarter 2025 Financial Results

SuRo Capital Portfolio Investment, CoreWeave, Completes Largest Tech IPO Since 2021 SuRo Capital Portfolio Investment, OpenAI, Closes Largest Venture Raise with $300 Billion Valuation Net Asset Value of $6.66 Per Share as of March 31, 2025 NEW YORK, May 06 …

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