NEW YORK: McGraw Hill, a global education technology company, reported a dip in total revenue for its fiscal second quarter Wednesday, citing an expected contraction in the K-12 market, though it highlighted strong growth in its digital and recurring revenue streams. For the quarter ended Sept. 30, 2025, the company posted revenue of $669.2…
DUBAI – BHM Capital Financial Services P.S.C. announced strong financial results for the third quarter of 2025, driven by balanced performance across its business lines and significant growth in its client base. The company reported a 41.38% year-on-year increase in net profit, which rose to AED 38.6 million. Total income for the quarter reached AED…
LUXEMBOURG: ArcelorMittal, the world’s leading steel and mining company, announced third-quarter earnings of $1.5 billion in EBITDA on Wednesday, demonstrating what it called “resilient operating results at the bottom of the cycle.” The company reported net income of $377 million, or $0.50 per share, for the three months ended Sept. 30, 2025. On an adjusted…
ROTTERDAM: Global specialty chemicals distributor IMCD N.V. reported a slight dip in a key profit metric for the first nine months of 2025, citing ongoing macroeconomic challenges and negative currency impacts, the company announced Thursday. The company’s operating EBITA, a measure of earnings, decreased 2% to 394 million euros ($422 million) compared to the…
TEMPRE – First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the third quarter ended September 30, 2025, and updated its 2025 guidance. Net sales for the third quarter were $1.6 billion, an increase of $0.5 billion from the prior quarter. The increase in net sales was primarily due to an increase in…
EDEN PRAIRIE Logistics giant C.H. Robinson Worldwide Inc. reported a sharp increase in third-quarter profit, crediting its strategic overhaul for allowing it to gain market share and improve efficiency even as the freight industry remains in a prolonged slump. The company said that net income surged 67.6% to $163 million, or $1.34 per share,…
PORTLAND – Global commerce platform WEX Inc. (NYSE: WEX) on Wednesday reported stronger-than-anticipated financial results for the third quarter, citing its strategic execution as a catalyst for returning to revenue growth and prompting an increase to its full-year profit forecast. For the three months ended Sept. 30, revenue climbed nearly 4% to $691.8 million,…
EINDHOVEN: Signify, the world leader in lighting, reported a decline in third-quarter sales and profitability, prompting the company to lower its financial guidance for the full year due to a softer-than-expected U.S. market and ongoing challenges in its OEM component business. The company, known for its Philips lighting brands, announced third-quarter sales of 1.41…
CHICAGO: The Federal Home Loan Bank of Chicago (FHLBank Chicago) on Friday reported preliminary and unaudited net income of $185 million for the third quarter of 2025, up from $130 million in the same period last year, citing lower noninterest expenses and increased member participation in community investment programs. “Our preliminary third quarter performance…
BRUSSELS: Speciality chemicals and food ingredients distributor Azelis Group NV (AZE.BR) on Thursday reported a 34.3% surge in free cash flow for the first nine months of 2025, driven by disciplined working capital management amid persistent market uncertainty. Free cash flow rose to EUR 293.2 million ($309.8 million) for the nine-month period ending September…
HOUSTON: Helix Energy Solutions Group Inc (HLX.N) on Wednesday reported a third-quarter profit of $22.1 million, or 15 cents per diluted share, reversing a loss of $2.6 million in the prior quarter, as robust performance in its Robotics and Shallow Water segments offset offshore headwinds. The Houston-based offshore energy services firm posted adjusted EBITDA…