Earnings and Financial Results
Alamos Gold (AGI) reported record performance for 2024, with gold production reaching 567,000 ounces, up 7% from 2023. The company achieved record free cash flow of $272.3 million, driven by increased production and higher gold prices. Revenues hit $1.3 billion, a 32% increase from 2023.
Pan American Silver (NYSE: PAAS) posted strong financial results for Q4 and FY 2024, with record revenue of $815.1M in Q4 and $2.8B for the year. The company achieved record free cash flow of $445.1M for FY 2024.
Manulife Financial (MFC) reported record core earnings of $7.2 billion for 2024, up 8% from 2023, demonstrating substantial growth across key metrics.
Estrella Immunopharma (NASDAQ: ESLA) received a Buy rating with a $16.00 price target, highlighting developments in its B-cell Non-Hodgkin's Lymphoma treatments.
Claros Mortgage Trust (NYSE: CMTG) reported significant losses for 2024, with a GAAP net loss of $221.3 million, amidst a challenging loan environment.
Fiverr International (NYSE: FVRR) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, in compliance with the Securities and Exchange Commission.
Oceaneering International (NYSE: OII) reported strong results for 2024, with full-year revenue of $2.7 billion, marking a 10% YoY increase.
Broadstone Net Lease (NYSE: BNL) reported strong performance in 2024, with an AFFO per share at the top end of guidance.
Silicon Labs (NASDAQ: SLAB) was awarded a $23 million grant to expand R&D advancements in Austin, reinforcing Texas' role in semiconductor innovation.
Strategic Partnerships and Collaborations
Triple Flag Precious Metals delivered its 8th consecutive year of record GEOs for 2024, bolstered by strong growth at Northparkes and Cerro Lindo, reflecting its robust strategic initiatives.
Cycurion (NASDAQ: CYCU) formed an exclusive cybersecurity partnership with iQSTEL, enhancing their global presence.
Mergers and Acquisitions
MGO Global Inc. (MGOL) completed its business combination with Heidmar Inc., forming Heidmar Maritime Holdings Corp. and starting trading under 'HMR' on Nasdaq.
Gannett Co. (NYSE: GCI) streamlined its operations through an agreement with Hearst to sell the Austin American-Statesman.
Corporate Changes and Updates
Dynavax Technologies (DVAX) responded to board nominations with a focus on long-term value, highlighting its robust financial position and strategic contracts.
Lifeward (NASDAQ: LFWD) announced CEO retirement plans, continuing to meet financial expectations for 2024.
Intelligent Bio Solutions (Nasdaq: INBS) announced a proposed public offering of common stock, aiming to strengthen its capital foundation.
Technology and Innovation
WiMi Hologram Cloud unveiled a new holographic quantum algorithm, enhancing quantum computing applications.
Applied Materials debuted the SEMVision H20, utilizing AI to refine chip manufacturing processes.
AYRO (NASDAQ: AYRO) launched a robotics division to boost AI-driven EV manufacturing, highlighting ongoing innovation efforts.
Financial Reports and Filings
CVR Partners (NYSE: UAN) announced the filing of its Form 10-K for fiscal year 2024, available online for investor access.
Liberty Latin America (LILAK) reported mixed Q4 and FY2024 results, with strong infrastructure achievements but challenges in key markets impacting overall performance.
Ferroglobe (NASDAQ: GSM) reported its 2024 results, noting $153.8 million in adjusted EBITDA, despite a challenging market environment.
Market Developments
W&T Offshore (NYSE: WTI) announced its 2024 earnings release and conference call schedule, indicating a transparent communication approach.
Rollins (NYSE: ROL) announced the pricing of $500 million in Senior Notes, with plans to use proceeds for strategic financial management and growth.
Infrastructure and Program Expansions
Universal Technical Institute-Orlando is set to launch a new HVACR program in March 2025, supporting industry growth and expanding educational offerings.
Herc Holdings (NYSE: HRI) boosts its rank among North American rental companies through a merger agreement with H&E Equipment Services.