US stock futures higher after earnings reports
Netflix and Interactive Brokers were among the companies that reported better-than-expected results.
Meanwhile, the University of Michigan's preliminary reading for July consumer sentiment report is expected to rise to 61.8 from the prior reading of 60.7, according to economists polled by Dow Jones.
At 6:10 a.m. ET, futures tied to the blue-chip Dow rose 0.14%, while broad S&P 500 futures added 0.13% and tech-heavy Nasdaq futures rose 0.12%.
All major stock indexes are looking to end the week higher. So far, all three indexes are up for the week, with the Nasdaq as the top performer. The Nasdaq and S&P 500 reached fresh record highs this week.
Corporate news
Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@usatoday.com and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
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22 minutes ago
- Yahoo
Newton Golf Company Reports Second Quarter 2025 Financial Results
Revenue Climbs 154% Year-over-Year as Tour Adoption and Product Momentum Accelerate CAMARILLO, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- via IBN – Newton Golf Company (NASDAQ: NWTG) ('Newton Golf' or the 'Company'), a technology-forward golf company delivering physics-based performance innovations, today announced financial results for the second quarter ended June 30, 2025. Second Quarter and Year-to-Date 2025 Highlights Q2 2025: Revenue increased 154% year-over-year to $2.1 million, compared to $813,000 in Q2 2024 First Six Months 2025: Revenue increased 182% year-over-year to $3.3 million, compared to $1.2 million in the first half of 2024 Q2 2025: Gross profit rose 186% to $1.4 million, up from $489,000 in Q2 2024 First Six Months 2025: Gross profit increased 224% to $2.3 million, up from $695,000 in the first half of 2024 Q2 2025: Gross margin improved to 67.6%, compared to 60.1% in Q2 2024 First Six Months 2025: Gross margin expanded to 68.7%, compared to 59.8% in the first half of 2024 Q2 2025: Net loss of $1.5 million, or ($0.34) per share, compared to a net loss of $1.2 million, or ($0.79) per share, in Q2 2024 First Six Months 2025: Net loss of $2.1 million, or ($0.74) per share, compared to a net loss of $2.4 million, or ($1.61) per share, in the first half of 2024 Cash & Equivalents: $4.0 million as of June 30, 2025 Management Commentary Greg Campbell, CEO: "Our Q2 results highlight continued progress across multiple channels, with strong performance from our Motion and Fast Motion shafts, growing adoption among tour professionals, and expanding relationships with global distributors. We also increased our marketing and sales investments this quarter to build on that momentum heading into the second half of the year." Jeff Clayborne, CFO: "It's an exciting time to join Newton Golf as we build both financial momentum and market presence. In Q2, we delivered meaningful top-line growth and maintained solid margins, supported by strong product demand and operational efficiency. We remain focused on disciplined execution as we scale, and confident in our ability to drive long-term value for shareholders." Recent Business Highlights Miguel Ángel Jiménez earned his second PGA TOUR Champions victory using the Newton Fast Motion shaft Launched on April 29, 2025, the Newton Fast Motion golf shaft has surged to become a breakout success in just its first months on the market. In May and June alone, 1,817 units generated over $696,000 in gross sales, and momentum only accelerated into Q3 with 2,211 units sold to date, producing more than $786,000 in revenue. This rapid adoption—outpacing even the established Motion line—underscores the Fast Motion's powerful market appeal, exceptional performance, and the strong demand from golfers seeking the next leap in shaft innovation. Newton's newest release is not just gaining traction—it's redefining the speed at which a premium golf shaft can capture market share. Newton surpassed 50 professional users across PGA TOUR Champions, LPGA, and Korn Ferry Tours Increased production capacity to meet accelerating demand for Motion and Fast Motion shafts Experienced significant growth in direct-to-consumer sales through Expanded distribution and product testing with international fitters and retailers, including new partnerships in Japan Newton shaft technology was highlighted by Golf Magazine's Kris McCormack as one of the most exciting new shaft innovations on the market 2025 Revenue Guidance The Company is raising its full-year 2025 revenue guidance to a range of $7.0 million to $7.5 million, up from the prior range of $6.5 million to $7.0 million issued last quarter, reflecting stronger-than-anticipated demand and continued momentum across key channels. Looking Ahead 'As we move into the second half of 2025, our focus is on scaling operations and deepening product adoption,' added Campbell. 'With new products on the horizon and expanded retail partnerships underway, we remain committed to building a differentiated, performance-driven brand.' Consolidated Results of Operations (Amounts rounded to nearest thousands, except share amounts) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net Sales $ 2,068,000 $ 813,000 $ 3,278,000 $ 1,163,000 Cost of goods sold 669,000 324,000 1,027,000 468,000 Gross profit 1,399,000 489,000 2,251,000 695,000 Operating expenses Selling, general and administrative expenses 2,763,000 1,484,000 5,304,000 2,755,000 Research and development 143,000 207,000 425,000 397,000 Total operating expenses 2,906,000 1,691,000 5,729,000 3,152,000 Loss from operations (1,507,000 ) (1,202,000 ) (3,478,000 ) (2,457,000 ) Interest income, net 29,000 47,000 74,000 109,000 Change in fair value of warrant liabilities (42,000 ) - 1,359,000 - Net loss $ (1,520,000 ) $ (1,155,000 ) $ (2,045,000 ) $ (2,348,000 ) Loss per share – basic and diluted $ (0.34 ) $ (0.79 ) $ (0.74 ) $ (1.61 ) Weighted average number of shares outstanding – basic and diluted 4,509,619 1,459,587 2,778,595 1,459,587 For more information, visit the Company's investor relations website at or contact Investor Relations at ir@ Investor Alerts Stay updated with the latest from Newton Golf! Sign up for investor alerts at to receive company news and strategic developments directly to your inbox. About NEWTON GOLF At Newton Golf, we harness the power of physics to revolutionize golf equipment design. Formerly known as Sacks Parente, our rebranding reflects our commitment to innovation inspired by Sir Isaac Newton, the father of physics. By applying Newtonian principles to every aspect of our design process, we create precision-engineered golf equipment—including Newton Motion shafts and Gravity putters—that deliver unmatched stability, control, and performance. Our mission is to empower golfers with scientifically advanced tools that maximize consistency and accuracy, ensuring every swing is backed by the laws of physics. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of Newton Golf Company (the 'Company') and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or the negative of these terms or other comparable terminology. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of the reverse stock split, the Company's ability to maintain compliance with Nasdaq listing requirements, the potential for increased institutional investor interest, the Company's future growth strategy, expansion of its product portfolio, anticipated financial performance, and future business prospects. These forward-looking statements reflect the Company's current expectations and projections based on information available as of the date of this release and are subject to a number of risks and uncertainties, including, but not limited to, general economic, financial, and business conditions; changes in consumer demand and industry trends; the Company's ability to successfully implement its strategic initiatives; competition in the golf equipment market; supply chain disruptions; regulatory compliance and legal proceedings; and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company cautions investors that forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Media Contact: Beth GastBG Public Investor Contact: Scott McGowanInvestor Brand Network (IBN)Phone: 310.299.1717ir@ in to access your portfolio
Yahoo
22 minutes ago
- Yahoo
FLSmidth updates its financial guidance for 2025: Adjusted EBITA margin guidance upgraded, while revenue guidance lowered
COMPANY ANNOUNCEMENT NO. 22-2025 FLSmidth & Co. A/S 14 August 2025 Copenhagen, DenmarkToday, FLSmidth announces preliminary and unaudited financial results for Q2 2025 and H1 2025. In addition, the financial guidance for the full year 2025 is updated. As a result of the signed agreements to divest FLSmidth Cement, including the Air Pollution Control business, the business has been classified as discontinued activities and assets held for sale. Consequently, FLSmidth will as of Q2 2025 change its segment reporting to reflect that FLSmidth going forward will be a pure-play supplier of technology and services to the mining industry. As such, FLSmidth will as of Q2 2025 report on the following three continuing segments: Service, Products, and Pumps, Cyclones & Valves (PC&V). On average, the PC&V segment is expected to comprise approximately 25% equipment-related orders and 75% aftermarket-related and unaudited key figures for Q2 2025 and H1 2025 Service Products PC&V Consolidated Group Q2 2025 H1 2025 Q2 2025 H1 2025 Q2 2025 H1 2025 Q2 2025 H1 2025 Revenue, DKK 2.1bn 4.2bn 0.6bn 1.4bn 0.7bn 1.4bn 3.4bn 7.1bn Adj. EBITA margin 19.6% 20.0% -9.7% -9.9% 23.7% 24.2% 15.2% 14.9% Order intake, DKK 2.1bn 4.2bn 0.7bn 1.5bn 0.8bn 1.5bn 3.5bn 7.3bn To illustrate the underlying business performance, FLSmidth presents an Adjusted EBITA margin, which excludes costs related to the ongoing transformation activities and the separation of the Mining and Cement businesses totalling DKK 50m and DKK 101m for Q2 2025 and H1 2025, respectively. In addition, the Adjusted EBITA margin now also excludes Other Operating Net Income totalling income of DKK 59m and DKK 77m in Q2 2025 and H1 2025, guidance for the full year 2025 Guidance 20 June 2025 Guidance 14 August 2025 Revenue, DKK ~15.0bn 14.5-15.0bn Adj. EBITA margin1 14.0-14.5% 15.0-15.5% The financial guidance for the full year 2025 has been updated. As such, FLSmidth now expects revenue of DKK 14.5-15.0bn (previously DKK ~15.0bn). The downward adjustment from previous guidance is partly attributable to the expectation of lower revenue from the order backlog due to customer-driven delays affecting the execution of certain Products orders. Further, the updated revenue guidance reflects adverse foreign exchange rate movements. In addition, FLSmidth now expects an Adjusted EBITA margin of 15.0-15.5% (previously 14.0-14.5%). The upgraded Adjusted EBITA margin guidance incorporates the stronger-than-anticipated benefits from the ongoing implementation of our corporate model, driving further business simplification and operational efficiency. Compared to 2024, we expect market demand for aftermarket services in the global mining industry to remain stable and active, whereas the market demand for original equipment is expected to remain soft. The Adjusted EBITA margin is expected to be positively impacted by the ongoing implementation of our corporate model, driving further business simplification and operational efficiency, as well as enhanced commercial execution. The Adjusted EBITA margin guidance excludes costs related to the ongoing transformation activities and the separation of the Mining and Cement businesses. These costs are expected to amount to approximately DKK 200m for the full year 2025. In addition, the guidance for Adjusted EBITA margin now excludes Other Operating Net Income. Other Operating Net Income totalled an income of DKK 77m in H1 of the H1 2025 Interim Financial ReportFLSmidth will, as previously communicated, release the detailed and unaudited financial results for the first half of 2025 on 20 August 2025. FLSmidth will host a conference call for investors and analysts on Wednesday 20 August 2025 at 11:00 a.m. CEST. The presentation can be followed live or viewed as a replay via the internet Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ MediaJannick Denholt, +45 21 69 66 57, jli@ FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining industry. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining industry and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Company Announcement no. 22-2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
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Tilray Brands Reconfirms Strategy to Regain Nasdaq Compliance; Requests Extension to Meet Listing Requirements
NEW YORK and LEAMINGTON, Ontario, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Tilray Brands, Inc. ('Tilray' or the 'Company') (Nasdaq: TLRY; TSX: TLRY), a global lifestyle consumer packaged goods company at the forefront of the cannabis, beverage, and wellness industries, today announced that the Company has submitted an application requesting an extension to regain compliance with Nasdaq's listing standards regarding its price per share. The Company is evaluating several options including, but not limited to, a stockholder-approved Reverse Stock Split to address capital structure and maintain adherence to Nasdaq's continued listing requirements. Irwin Simon, Chief Executive Officer, Tilray Brands, stated, 'Tilray's trading levels have appreciated in recent weeks following President Trump's review of cannabis rescheduling. We believe this market reaction reflects investors' confidence in Tilray's diversified global platform and our ability to capitalize on a more favorable regulatory environment. Tilray is a leader in cannabis, beverage, and wellness, and our growth potential extends beyond any single regulatory change. We are pleased to see investors more accurately recognizing the intrinsic value of our differentiated business portfolio. Tilray has multiple options to meet Nasdaq's requirements, and with this extension request, we are giving the market additional time to demonstrate its confidence in our long-term strategy. We are building the future of consumer goods at Tilray, creating value for our customers, patients, and shareholders through a commitment to innovation at global scale.' About Tilray Brands Tilray Brands, Inc. ('Tilray') (Nasdaq: TLRY; TSX: TLRY), is a leading global lifestyle and consumer packaged goods company with operations in Canada, the United States, Europe, Australia, and Latin America that is leading as a transformative force at the nexus of cannabis, beverage, wellness, and entertainment, elevating lives through moments of connection. Tilray's mission is to be a leading premium lifestyle company with a house of brands and innovative products that inspire joy and create memorable experiences. Tilray's unprecedented platform supports over 40 brands in over 20 countries, including comprehensive cannabis offerings, hemp-based foods, and craft beverages. For more information on how we are elevating lives through moments of connection, visit and follow @Tilray on all social platforms. Forward-Looking Statements Certain statements in this communication that are not historical facts constitute forward-looking information or forward-looking statements (together, 'forward-looking statements') under Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be subject to the 'safe harbor' created by those sections and other applicable laws. Forward-looking statements can be identified by words such as 'forecast,' 'future,' 'should,' 'could,' 'enable,' 'potential,' 'contemplate,' 'believe,' 'anticipate,' 'estimate,' 'plan,' 'expect,' 'intend,' 'may,' 'project,' 'will,' 'would' and the negative of these terms or similar expressions, although not all forward-looking statements contain these identifying words. Certain material factors, estimates, goals, projections, or assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this communication. Forward-looking statements include statements regarding our intentions, beliefs, projections, outlook, analyses, or current expectations concerning, among other things the timing, ratio and completion of the Reverse Stock Split and expected strategic benefits and cost savings. Many factors could cause actual results, performance, or achievement to be materially different from any forward-looking statements, and other risks and uncertainties not presently known to the Company or that the Company deems immaterial could also cause actual results or events to differ materially from those expressed in the forward-looking statements contained herein. For a more detailed discussion of these risks and other factors, see the most recently filed annual information form of Tilray and the Annual Report on Form 10-K (and other periodic reports filed with the SEC) of Tilray made with the SEC and available on EDGAR. The forward-looking statements included in this communication are made as of the date of this communication and the Company does not undertake any obligation to publicly update such forward-looking statements to reflect new information, subsequent events, or otherwise unless required by applicable securities laws. Contacts:Investor Relationsinvestors@ Medianews@ in to access your portfolio
