NewsDesk CD, Author at Catalyst Daily

Date	Time	feed_category	Symbol	company_name	Latest News	Catalyst
06/18/2025	09:08 AM	Merger	ARRAY Technologies	ARRY	ARRAY Technologies (ARRY) Boosts Growth with APA Solar Acquisition	ARRAY Technologies (ARRY) has entered into a definitive agreement to acquire APA Solar, LLC. The acquisition is expected to be accretive to ARRAY Technologies’ Adjusted EPS in the first year before synergies. The transaction values APA Solar at approximately $179 million, or 7.6 times trailing 12 months EBITDA excluding 45X credits. This includes $168 million in upfront cash, $42 million in deferred consideration, and a $31 million net present value of tax benefits from the deal. Kevin G. Hostetler, Chief Executive Officer of ARRAY Technologies, highlighted that the company’s foundation system performs reliably in challenging soil conditions and offers greater efficiency and lower installation costs than competitors. The acquisition is expected to close in the third quarter of 2025.
06/18/2025	09:11 AM	Merger	RYDE	Ryde Group Ltd	Ryde Group Ltd (RYDE) Advances Clean Mobility with Atoll Acquisition	Ryde Group Ltd (RYDE) has acquired a strategic 40% stake in Atoll Discovery Pte Ltd. Terence Zou, Founder, Chairman, and CEO of Ryde Group Ltd (RYDE), highlighted that this move represents an exciting next step toward advancing a cleaner and smarter mobility future in Singapore.
06/18/2025	09:15 AM	Merger	ARRY	ARRAY Technologies	ARRAY Technologies (ARRY) Boosts Growth with APA Solar Acquisition	ARRAY Technologies (ARRY) has entered into a definitive agreement to acquire APA Solar, LLC. The acquisition is expected to be accretive to ARRAY Technologies’ Adjusted EPS in the first year before synergies. The transaction values APA Solar at approximately $179 million, or 7.6 times trailing 12 months EBITDA excluding 45X credits. This includes $168 million in upfront cash, $42 million in deferred consideration, and a $31 million net present value of tax benefits from the deal. Kevin G. Hostetler, Chief Executive Officer of ARRAY Technologies, highlighted that the company’s foundation system performs reliably in challenging soil conditions and offers greater efficiency and lower installation costs than competitors. The acquisition is expected to close in the third quarter of 2025.
06/18/2025	09:18 AM	Secondary Offerings	MMYT	MakeMyTrip Ltd	MakeMyTrip Ltd (MMYT) Raises Public Offering from 14M to 16M Shares	MakeMyTrip Ltd (MMYT) has increased and priced its previously announced underwritten registered public offering of ordinary shares. The offering size has grown from 14,000,000 to 16,000,000 ordinary shares, priced at US$90 per share. Proceeds from this offering will be used to repurchase a portion of the Class B shares from Trip.com Group Limited (TCOM). The Primary Equity Offering is expected to close on June 23, 2025.
06/18/2025	09:21 AM	Earnings QNews	GMS	GMS	GMS (GMS) Posts Adjusted EPS of $1.29, Surpassing $1.11 Estimate in Q4 2025	GMS (GMS) announced its Q4 2025 financial results before market open. The company reported revenue of $1.33 billion, surpassing estimates of $1.3 billion but down 5.7% compared to last year’s $1.41 billion. Adjusted earnings came in at $1.29 per share, beating the estimated $1.11 but declining 33.2% from $1.93 per share a year ago.
06/18/2025	09:25 AM	Earnings QNews	KFY	Korn Ferry	Korn Ferry (KFY) Beats Q4 Earnings Expectations with $1.32 per Share	Korn Ferry (KFY) reported Q4 2025 revenue of $719.9 million, surpassing estimates of $689.9 million by 4.4% and increasing 2.9% from last year. Adjusted earnings came in at $1.32 per share, beating the $1.26 estimate and rising 4.8% compared to $1.26 in the prior year. The Q1 2026 earnings outlook ranges from $1.18 to $1.26, slightly below the $1.20 estimate.
06/18/2025	09:28 AM	Earnings QNews	ACB	Aurora Cannabis	Aurora Cannabis (ACB) Posts Strong Q4 Revenue, Narrowing Loss Per Share	Aurora Cannabis (ACB) announced its Q4 2025 financial results before the market opened. The company reported revenue of $63.07 million, surpassing estimates of $62.04 million and marking a 26.1% increase from last year's $50.01 million. Earnings showed a loss of $0.24 per share, wider than the estimated loss of $0.11 and compared to a $0.30 loss in the same quarter last year.
06/18/2025	09:32 AM	Earnings QNews	LVO	LiveOne	LiveOne (LVO) Reports 37.5% Revenue Drop Year-Over-Year in Q4	LiveOne (LVO) announced its Q4 2025 financial results before the market opened. The company reported revenue of $19.29 million, falling short of the estimated $22.26 million and down approximately 37.5% compared to last year’s $30.9 million. Earnings showed a loss of $0.08 per share, worse than the anticipated loss of $0.05 per share and a decline from last year’s loss of $0.03 per share. No outlook comparison was provided.