Press Releases

Company press releases and official corporate announcements.

A centralized feed of corporate press releases, earnings announcements, mergers, and official statements. Content is presented for informational purposes and may require additional analysis for market relevance.

Articles

24,026 total articles

Mesoblast Achieves Major Milestone Completing Patient Treatment in Pivotal Phase 3 Trial for Chronic Low Back Pain

Mesoblast Achieves Major Milestone Completing Patient Treatment in Pivotal Phase 3 Trial for Chronic Low Back Pain

Mesoblast Limited has completed patient treatment in its pivotal Phase 3 trial of rexlemestrocel-L for chronic low back pain associated with degenerative disc disease. The trial treated 350 patients—exceeding the initial target—evaluating pain reduction and improvements in function and quality of life. The therapy has received RMAT designation from…

HUTCHMED Announces ORPATHYS® Plus TAGRISSO® Demonstrated Statistically Significant and Clinically Meaningful Improvements in Progression-Free and Overall Survival in MET-Driven EGFR-Mutated Lung Cancer After Progression on TAGRISSO®

HUTCHMED Announces ORPATHYS® Plus TAGRISSO® Demonstrated Statistically Significant and Clinically Meaningful Improvements in Progression-Free and Overall Survival in MET-Driven EGFR-Mutated Lung Cancer After Progression on TAGRISSO®

HUTCHMED announced that the global Phase III SAFFRON trial demonstrated that combining ORPATHYS® (savolitinib) with TAGRISSO® (osimertinib) significantly improved progression-free and overall survival in patients with MET-driven EGFR-mutated non-small cell lung cancer (NSCLC) after progression on TAGRISSO®. This represents a novel, biomarker-direct…

Rocket Lab Satellite Platforms Built for MDA Space Successfully Reach Orbit, Supporting Globalstar Direct-to-Device Communications Services

Rocket Lab Satellite Platforms Built for MDA Space Successfully Reach Orbit, Supporting Globalstar Direct-to-Device Communications Services

Rocket Lab Corporation announced the successful orbit insertion and commissioning of eight advanced satellite platforms built for MDA Space, part of a 17-satellite build contract supporting Globalstar's replenishment constellation. These satellites enable direct-to-device communications and IoT applications globally. The platforms are built on Rock…

HII’s Newport News Shipbuilding Completes Successful Acceptance Sea Trials of John F. Kennedy (CVN 79)

HII’s Newport News Shipbuilding Completes Successful Acceptance Sea Trials of John F. Kennedy (CVN 79)

HII announced that its Newport News Shipbuilding division has completed acceptance sea trials of the nuclear-powered aircraft carrier John F. Kennedy (CVN 79), marking a significant milestone in preparing the ship for entry into the U.S. Navy fleet. This success demonstrates the quality and commitment of HII's shipbuilders and advances the Gerald R…

Westlake Corporation Declares Quarterly Dividend

Westlake Corporation Declares Quarterly Dividend

Westlake Corporation announced a quarterly dividend of $0.533 per share for Q2 2026, payable on September 10, 2026. This continues the company's tradition of consecutive dividend increases for 22 years, reflecting its stable financial health and commitment to returning value to shareholders.

authID Reports Second Quarter 2026 Financial Results and Announces Evaluation of Strategic and Financing Alternatives

authID Reports Second Quarter 2026 Financial Results and Announces Evaluation of Strategic and Financing Alternatives

authID Inc., a biometric identity verification solutions provider, announced its Q2 2026 financial results and disclosed that its Board is evaluating strategic and financing alternatives, including partnerships, financing, or a sale/merger, aiming to maximize shareholder value. The company continues to sign contracts and execute proofs of concept w…

FSI ANNOUNCES SECOND QUARTER, 2026 FINANCIAL RESULTS

FSI ANNOUNCES SECOND QUARTER, 2026 FINANCIAL RESULTS

Flexible Solutions International, Inc. (NYSE Amex: FSI) announced its second quarter 2026 financial results showing a 14% decline in revenue to $7.61 million and a net loss of $1.91 million compared to net income in the prior year. The company is incurring costs related to scaling its food-grade contracts and Panama plant operations, with revenue g…

K. Hovnanian® Homes Celebrates Groundbreaking of Terraces at Absecon Inlet, Bringing New Waterfront Townhomes to Atlantic City

K. Hovnanian® Homes Celebrates Groundbreaking of Terraces at Absecon Inlet, Bringing New Waterfront Townhomes to Atlantic City

Hovnanian Enterprises, Inc. announced the groundbreaking of their new Terraces at Absecon Inlet development in Atlantic City, New Jersey. The project will feature 38 waterfront townhomes with modern amenities and scenic views, with deliveries expected starting summer 2027. This marks the company's return to the Atlantic City residential market and …

Optimi Health Establishes Discretionary Equity Facility

Optimi Health Establishes Discretionary Equity Facility

Optimi Health Corp., a commercial-stage pharmaceutical company specializing in regulated psychedelic drug products, announced an equity line of credit agreement with Seven Knots, LLC. This discretionary facility allows Optimi to raise up to US$100 million by selling common shares over time, subject to conditions and regulatory approvals. The transa…

Diana Shipping Inc. Withdraws Offer to Acquire Genco Shipping & Trading Following Genco Board's Outrageous Demands

Diana Shipping Inc. Withdraws Offer to Acquire Genco Shipping & Trading Following Genco Board's Outrageous Demands

Diana Shipping Inc. announced it has withdrawn its acquisition offer for Genco Shipping & Trading following Genco's board demanding a premium price well above what Diana considers reasonable. Despite being Genco's largest shareholder and supporting strategic combination benefits, Diana criticized Genco's demands as misaligned with shareholder inter…

OBOOK Holdings Inc. (NASDAQ: OWLS) Announces Preliminary First Half 2026 Revenue and Highlights Rapid Commercial Scaling of OwlPay Harbor

OBOOK Holdings Inc. (NASDAQ: OWLS) Announces Preliminary First Half 2026 Revenue and Highlights Rapid Commercial Scaling of OwlPay Harbor

OBOOK Holdings Inc. announced preliminary unaudited revenue of approximately $3.85-$3.90 million for the first half of 2026. The company's digital currency-based cross-border payments platform, OwlPay Harbor, is rapidly scaling commercial activity with annualized payment volumes reaching up to $130 million as of August 2026, showing over 100% month…

XMax Inc. Announces Second Quarter 2026 Financial Results

XMax Inc. Announces Second Quarter 2026 Financial Results

XMax Inc. announced its second quarter 2026 financial results showing a 7% revenue increase to $2.7 million, driven by new AI-related revenue from its recently launched API platform. The company posted net income of $32.4 million, largely due to a $42.1 million unrealized gain on its investment in Preamble Capital. Gross margin declined to 40% from…

Profound Medical Announces Management Change

Profound Medical Announces Management Change

Profound Medical Corp., a medical device company specializing in innovative MRI-guided therapies, announced the promotion of Matthew Sobczyk to Interim Chief Financial Officer following the departure of former CFO Rashed Dewan. The company continues to focus on expanding adoption of its TULSA-PRO and Sonalleve platforms across multiple global marke…

Solana Company Reports Second Quarter 2026 Financial Results

Solana Company Reports Second Quarter 2026 Financial Results

Solana Company (NASDAQ: HSDT) reported Q2 2026 financial results showing $2.5 million in revenue primarily from staking activities and significant operational advancements including deployment of an institutional validator cluster in Tokyo and strategic partnerships in Asia-Pacific. The company completed divestiture of its legacy PoNS medical devic…

reAlpha (Nasdaq: AIRE) Reports Second-Quarter 2026 Financial Results

reAlpha (Nasdaq: AIRE) Reports Second-Quarter 2026 Financial Results

reAlpha Tech Corp. announced its financial results for Q2 2026, reporting an 11% revenue decline overall to $1.1 million compared to the prior year, primarily due to lower Homebuying Services revenue. However, the Technology Services Segment grew 30%, driven by AiChat's subscription platform. Gross profit and gross profit margin improved, and net l…