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. |
06/18/2025 |
09:35 AM |
Merger |
GHLD |
Guild Holdings |
Guild Holdings Company (GHLD) shareholders to receive $20 per share, a 56% premium |
Guild Holdings Company (GHLD) has entered into a definitive agreement for a fund managed by Bayview Asset Management, LLC to acquire all outstanding shares of the company’s common stock not currently owned by the fund. The all-cash deal values the transaction at approximately $1.3 billion in total equity. Following completion, Guild Holdings Company will operate as a privately held independent entity. The company will continue a close partnership with Lakeview Loan Servicing, LLC. Stockholders of Guild Holdings Company will receive $20.00 in cash per share under the agreement. This transaction consideration represents a premium of about 56%. The Board of Directors of Guild Holdings Company also plans to approve a special cash dividend of up to $0.25 per share in 2025. The transaction is expected to be finalized in the fourth quarter of 2025. |
06/18/2025 |
09:38 AM |
Merger |
ORA |
Ormat Technologies |
Ormat Technologies (ORA) Secures Full Ownership of 20MW Blue Mountain Facility |
Ormat Technologies, Inc. (ORA) has completed the acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. The company acquired full ownership of the 20MW power plant for $88 million. Doron Blachar, CEO of Ormat Technologies, stated that this acquisition strengthens their portfolio and commitment to sustainable base-load energy solutions. |