Market Newsdesk

ESS Schedules First Quarter 2025 Financial Results Conference Call

WILSONVILLE, Ore.–(BUSINESS WIRE)–
ESS Tech, Inc. (ESS) (NYSE : GWH), a leading manufacturer of iron flow long-duration energy storage systems (LDES) for commercial and utility-scale applications, today announced that it will hold a conference call on Thursday, May 15, 2025 at 5:00 p.m. EDT to discuss financial results for its first quarter 2025 ended March 31, 2025.

The news release announcing the first quarter 2025 financial results will be disseminated on May 15, 2025 after the market closes.

Interested parties may join the conference call beginning at 5:00 p.m. EDT on Thursday, May 15, 2025 via telephone by calling (833) 470-1428 in the U.S., or for international callers, by calling +1 (404) 975-4839 and entering conference ID 788626. A telephone replay will be available until May 22, 2025, by dialing (866) 813-9403 in the U.S., or for international callers, +1 (929) 458-6194 with conference ID 107029. A live webcast of the conference call will be available on ESS’ Investor Relations website at http://investors.essinc.com/.

A replay of the call will be available via the web at http://investors.essinc.com/.

About ESS Tech, Inc.

ESS (NYSE: GWH) is the leading manufacturer of long-duration iron flow energy storage solutions. ESS was established in 2011 with a mission to accelerate decarbonization safely and sustainably through longer lasting energy storage. Using easy-to-source iron, salt, and water, ESS iron flow technology enables energy security, reliability and resilience. We build flexible storage solutions that allow our customers to meet increasing energy demand without power disruptions and maximize the value potential of excess energy. For more information, visit www.essinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250512197535/en/

Investors:

Erik Bylin

[email protected]

Media:

Morgan Pitts

503.568.0755

[email protected]

KEYWORDS: United States North America Oregon

INDUSTRY KEYWORDS: Other Manufacturing Environment Technology Utilities Sustainability Alternative Energy Manufacturing Green Technology Energy Batteries

MEDIA:

Posted on May 14, 2025 8:04 am

Diodes Incorporated Appoints Gary Yu as CEO

Diodes Incorporated Appoints Gary Yu as CEO

Dr. Keh-Shew Lu to Remain Chairman of the Board

PLANO, Texas–(BUSINESS WIRE)–
Diodes Incorporated (Diodes or “the Company”) (Nasdaq: DIOD) today announced that as part of its long-term succession plan, Gary Yu who has served as President since January 2, 2024, has been appointed Chief Executive Officer effective immediately. Dr. Keh-Shew Lu will continue to serve as Chairman of the Board.

Dr. Keh-Shew Lu stated, “Gary has demonstrated exceptional leadership since assuming the role of President in early 2024 after having been at Diodes for over 16 years. His extensive knowledge of Diodes’ market position, customer relationships and global manufacturing operations has been instrumental in advancing the Company’s mission and long-term objectives.”

Gary Yu commented, “I am honored to assume the role of CEO and further build upon the strong foundation established by Dr. Lu over the past 20 years. Together with our talented management team and dedicated employees, I am personally committed to advancing Diodes to the next stage of success. Over the past year, I’ve devoted my time to strengthen relationships across all levels of the organization, fostering trust combined with a relentless focus on executing our operational objectives. My top priority remains on delivering accelerated growth, while expanding margins and profitability in the quarters and years ahead.”

With Gary Yu’s promotion, Dr. Keh-Shew Lu will continue to serve as Chairman of the Board, acting as the principal liaison between the Company and the Board of Directors while also providing strategic counsel to the executive leadership team.

For more detailed information on Mr. Yu’s background as well as other Diodes’ executives, please visit the Leadership Team page on Diodes’ website.

About Diodes Incorporated

Diodes Incorporated (Nasdaq: DIOD), a Standard and Poor’s SmallCap 600 and Russell 3000 Index company, delivers high-quality semiconductor products to the world’s leading companies in the automotive, industrial, computing, consumer electronics, and communications markets. We leverage our expanded product portfolio of analog and discrete power solutions combined with our leading-edge packaging technology to meet customers’ needs. Our broad range of application-specific products and solutions-focused sales, coupled with global operations including engineering, testing, manufacturing, and customer service, enable us to be a premier provider for high-volume, high-growth markets. For more information visit www.diodes.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this report that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such statements include statements containing forward-looking words such as “expect,” “anticipate,” “aim,” “estimate,” and variations thereof, including without limitation statements, whether direct or implied, regarding the share repurchase plan and other information including the “Risk Factors” detailed from time to time in Diodes’ filings with the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Each such statement speaks only as of the day it was made. We undertake no obligation to update or to revise any forward-looking statements.

The Diodes logo is a registered trademark of Diodes Incorporated in the United States and other countries.

© 2025 Diodes Incorporated. All Rights Reserved

View source version on businesswire.com: https://www.businesswire.com/news/home/20250513634323/en/

Company Contact:

Diodes Incorporated

Gurmeet Dhaliwal

Director, Investor Relations & Corporate Marketing

P: 408-232-9003

E: [email protected]

Investor Relations Contact:

Shelton Group

Leanne K. Sievers, President

P: 949-388-0648

E: [email protected]

KEYWORDS: United States North America California Texas

INDUSTRY KEYWORDS: Mobile/Wireless Technology Semiconductor Security Audio/Video Networks Internet Hardware Data Management Consumer Electronics

MEDIA:

Logo

Alight Appoints David Essary as Chief Strategy Officer

CHICAGO–(BUSINESS WIRE)–
Alight, Inc. (NYSE: ALIT or the “Company”), a leading cloud-based provider of human capital and technology-enabled services, today announced the appointment of David Essary as its Chief Strategy Officer. In this role, Essary will drive Alight’s corporate strategy, including M&A, corporate development, product strategy, Alight Partner strategy and support Alight’s commercial strategy.

Essary brings deep industry knowledge and a strong track record of leadership, most recently serving as President of Allstate Health & Benefits. There, he led digital transformation initiatives, managed M&A activity and oversaw a $2.6 billion business. An accomplished entrepreneur, he previously co-founded and led several successful ventures in the health and benefits administration space.

“David’s proven ability to drive growth and innovation makes him the ideal leader to guide Alight’s strategic focus and corporate innovation strategy,” said Dave Guilmette, CEO of Alight. “His insight and operational experience will be instrumental as we continue to evolve as a technology-enabled services company and unlock new value for our clients through our Alight Worklife® platform.”

Essary previously served as CEO and co-founder of Accord Systems, LLC, a national provider of ACA compliance solutions, and as CEO of Zevo Benefits, the parent company of a digital benefits administration platform. He also co-founded Advice2Pay, a premium billing and reconciliation software provider, and Tricerion Group, a national benefits administration company.

“Throughout my career, I have dedicated myself to leveraging technology, innovation and strategic teams to enhance outcomes for organizations and their people,” said Essary. “Alight’s mission to deliver a Benefits Advantage deeply resonates with me, and I am eager to help our clients and their people thrive through our connected Alight Worklife platform and powerful service delivery capabilities.”

About Alight Solutions

Alight is a leading cloud-based human capital technology and services provider for many of the world’s largest organizations and 35 million people and dependents. Through the administration of employee benefits, Alight helps clients gain a benefits advantage while building a healthy and financially secure workforce by unifying the benefits ecosystem across health, wealth, wellbeing, absence management and navigation. Our Alight Worklife ® platform empowers employers to gain a deeper understanding of their workforce and engage them throughout life’s most important moments with personalized benefits management and data-driven insights, leading to increased employee wellbeing, engagement and productivity. Learn more about the Alight Benefits Advantage™ at alight.com. ​

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514465331/en/

Media Contact:

Mariana Fischbach

[email protected]

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Data Management Professional Services Technology Software Human Resources

MEDIA:

Logo

Ingram Micro Appoints Growth Leader Matthew Sanderson to Run EMEA Business; Announces Retirement of Global Executive Mark Snider

Successful leadership transition celebrates career milestones and looks toward future growth and continued execution of Ingram Micro’s B2B platform strategy

IRVINE, Calif.–(BUSINESS WIRE)–
Ingram Micro Holding Corporation (NYSE: INGM) announced the promotion of Matthew Sanderson to Executive Vice President and President of Europe, Middle East, and Africa (EMEA) effective June 1, 2025.

Sanderson succeeds company veteran Mark Snider, who will retire at the end of the year after a 25-year career with Ingram Micro.

With a continued focus on engagement, enablement, and execution, Sanderson will work with his team to accelerate growth, advance digital innovation, and deliver an exceptional customer and partner experience across the region. Additionally, he will join his peers in leading the global expansion of Ingram Micro’s digital twin Xvantage and continue executing against the company’s vision of serving as the IT industry’s top-performing and transformative B2B technology platform.

“Great leaders are inspired to imagine what is possible and lead the teams to deliver on what is important,” notes Paul Bay, CEO of Ingram Micro. “It’s an honor to celebrate Mark’s significant contributions to Ingram Micro over the years, across many roles and geographies, and both thank and congratulate him personally and professionally on a well-deserved retirement. Our global business leaders are critical to realizing our strategic vision. Over his thirty-year career at Ingram Micro, Matt has earned recognition as an industry leader across Australia, the UK, and Ireland. We’re excited to elevate his role and are confident he’ll continue driving growth throughout EMEA—advancing the success of our customers, vendors, and team.”

Ingram Micro EMEA Stays Focused on Building SMB Success, Growing its Cloud Business, Expanding Professional Services, and Accelerating Platform Adoption

“This is an exciting time for Ingram Micro as we see the positive impact our talent and technology continue to have on our customers, vendors, and the tech industry at large,” says Sanderson. “I am honoured to serve as EVP and President of EMEA. I want to thank Mark for his mentorship and leadership, and I look forward to sharing in the growing success of our team, customers, and vendor partners.”

“Looking back on my career at Ingram Micro, I feel immense pride in the lasting legacy we’ve built as a team and the transformational impact we’re making around the globe,” says Snider. “It has been my privilege to work closely with Matt for many years, and the EMEA region has a bright future ahead under his strong leadership.”

“Matt is a natural and motivating leader who is there to help you excel by every measure,” says Guy Hocking, managing director, Utilize, a UK-based member of and council leader for Ingram Micro’s Trust X Alliance. “It’s exciting to see him take the lead for EMEA and use his talent to accelerate our mutual growth at scale.”

A proven global leader with three decades of experience at Ingram Micro, Sanderson brings deep expertise in vendor management, sales, marketing, commercial services, and country leadership. Throughout his career, he has progressed through roles of increasing responsibility across the UK, Ireland, Switzerland, Australia, and New Zealand, consistently driving transformation and achieving strong business results. Most recently, Sanderson served for nearly six years as Senior Vice President and Chief Country Executive for the UK, Ireland & Switzerland, where he has led the business through a period of growth and innovation. Under his leadership, Ingram Micro UK earned a Great Place To Work® certification and became a pioneer in the rollout and adoption of Xvantage.

For more information about Ingram Micro, visit www.ingrammicro.com.

About Ingram Micro

Ingram Micro (NYSE: INGM) is a leading technology company in the global information technology ecosystem. With the ability to reach nearly 90% of the global population, we play a vital role in the worldwide IT sales channel, bringing products and services from technology manufacturers and cloud providers to a highly diversified base of business-to-business technology experts. Through Ingram Micro Xvantage™, our AI-powered digital platform, we offer what we believe to be the industry’s first comprehensive business-to-consumer-like experience, integrating hardware and cloud subscriptions, personalized recommendations, instant pricing, order tracking, and billing automation. We also provide a broad range of technology services, including financing, specialized marketing, and lifecycle management, as well as technical pre- and post-sales professional support. Learn more at www.ingrammicro.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514822884/en/

Press Contact:

Marie Meoli Rourke

714-292-2199

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Mobile/Wireless Technology Security Other Technology Telecommunications Software Networks Internet Hardware VoIP

MEDIA:

Logo

Western Digital and Ingrasys Establish Long-term Collaboration to Deliver High-Performance, Fabric-Attached Disaggregated Storage for AI Workflows

SAN JOSE, Calif. & TAIPEI, Taiwan–(BUSINESS WIRE)–(Computex 2025) – Western Digital (Nasdaq: WDC) and Ingrasys, a subsidiary of Foxconn Technology Group, the world’s largest electronics manufacturer, today announced a strategic collaboration to deliver a new flagship Top-of-Rack (TOR) switch with embedded storage. This new TOR EBOF (Ethernet Bunch of Flash) will provide distributed storage at the network edge for lower latency storage access, reducing the need for separate storage networks and avoiding trips to centralized storage arrays. In this joint effort, Ingrasys will manufacture the high-density TOR EBOF, leveraging Western Digital’s RapidFlex™ NVMe-oF™ bridge technology. Western Digital will collaborate with Ingrasys on the architecture and lead the go-to-market efforts to promote NVMe-oF disaggregated storage solutions for cloud service providers (CSPs) and storage OEMs.

This collaboration marks a significant milestone in the rapidly expanding AI market, accelerating the adoption of fabric-attached disaggregated storage to meet the ever-growing demands of AI workflows. By combining Ingrasys’ world-class manufacturing capabilities expertise in GPU servers, and Western Digital’s expertise in NVMe-oF and fabric-attached storage, the two companies are enabling more flexible disaggregated infrastructure that unlocks new levels of efficiency, scalability, and performance for data centers tackling the challenges of AI at scale.

The Ingrasys TOR EBOF, targeted for 2027 availability, represents a cutting-edge integration of networking and storage technologies. This innovative TOR switch features embedded storage capabilities enabled by Western Digital’s next-generation RapidFlex Fabric bridge device supporting 100G Ethernet and NVMe™/PCIe® Gen6 drive slots for E3.S/L SSD devices. At its core, the TOR switch is powered by the NVIDIA Spectrum™-4 switch ASIC, ensuring high-performance switching. The switch also offers flexibility with 400/800GbE cabling options making it a robust solution for future data center needs.

Western Digital’s RapidFlex NVMe-oF fabric bridge device is a pioneering solution in fabric-attached storage, offering low-power, extreme performance and flexibility for modern data centers. As the only NVMe-oF bridge device that is based on extensive levels of hardware acceleration and removes firmware from the performance path, the I/O read and write payload flows through the adapter with minimal latency and direct Ethernet connectivity. This differentiated approach facilitates seamless, high-performance integration of NVMe SSDs into disaggregated architectures, allowing for efficient scaling of storage resources independently from compute.

“Together with Ingrasys, we continue to accelerate the shift toward disaggregated infrastructure by co-developing cutting-edge, fabric-attached solutions designed for the data demands of AI and modern workloads. This collaboration brings together two leaders in storage infrastructure modernization to deliver flexible, scalable architectures that unlock new levels of efficiency and performance for our customers,” said Kurt Chan, vice president and general manager, Western Digital Platforms Business.

“Our collaboration with Western Digital reflects a shared commitment to long-term innovation and customer-centric design. By combining our expertise in scalable system integration with Western Digital’s leadership in storage technologies, we’re building a foundation for future-ready, fabric-attached solutions that will meet the evolving demands of AI and disaggregated infrastructure. This partnership is just the beginning of what we believe will be a lasting journey of co-innovation,” said Benjamin Ting, president of Ingrasys.

“The collaboration between Western Digital and Ingrasys brings together the high-performance storage and scalable system transformation needed to fully unlock the potential of accelerated computing. As AI and data-intensive workloads push infrastructure limits, this joint effort is set to deliver the performance, low latency, and disaggregated scalability that next-generation data centers require,” said Gilad Shainer, senior vice president of networking at NVIDIA.

Meet Western Digital at Computex: Experience the Future of Data Infrastructure

Visit Western Digital’s at Computex in Taipei. Find us at booth J1303a in Hall 1 Storage and Management Solutions at the Taipei Nangang Exhibition Center from May 20-23.

About Ingrasys

Ingrasys, a subsidiary of Foxconn Technology Group, is a global leader in cloud infrastructure and AI computing solutions. The company delivers high-performance servers, storage systems, AI accelerators, and rack-scale platforms with advanced liquid cooling. Backed by a vertically integrated supply chain and engineering expertise, Ingrasys drives AI innovation to empower the next generation of sustainable data centers. Learn more at www.ingrasys.com.

About Western Digital

Western Digital empowers the systems and people who rely on data. Consistently delivering massive capacity, high quality and low TCO, Western Digital is trusted by hyperscale cloud providers, enterprise data centers, content professionals and consumers around the world. Core to its values, the company recognizes the urgency to combat climate change and is on a mission to design storage technologies that not only meet today’s data demands but also contribute to a more climate-conscious future. Follow Western Digital on LinkedIn and learn more at www.westerndigital.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws, including statements regarding expectations for: the outcome, impact, performance, value and timeline of the strategic collaboration between Western Digital and Ingrasys; AI- and data-driven uses and demand for data storage solutions; and market opportunities. These forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements.

Key risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements include: adverse global or regional conditions, including new or additional tariffs or trade restrictions; volatility in demand for Western Digital’s products; inflation; increases in interest rates and an economic recession; future responses to and effects of global health crises; the impact of business and market conditions; the outcome and impact of Western Digital’s completed separation of its HDD and Flash businesses, including with respect to stock price volatility and the diversion of management’s attention from ongoing business operations and opportunities; the impact of competitive products and pricing; Western Digital’s development and introduction of products based on new technologies and expansion into new data storage markets; risks associated with cost saving initiatives, restructurings, acquisitions, divestitures, mergers, joint ventures and Western Digital’s strategic relationships; difficulties or delays in manufacturing or other supply chain disruptions; hiring and retention of key employees; Western Digital’s level of debt and other financial obligations; changes to Western Digital’s relationships with key customers; compromise, damage or interruption from cybersecurity incidents or other data system security risks; actions by competitors; any decisions to reduce or discontinue paying cash dividends; Western Digital’s ability to achieve its greenhouse gas emissions reduction and other sustainability goals; the impact of international conflicts; risks associated with compliance with changing legal and regulatory requirements and the outcome of legal proceedings; and other risks and uncertainties listed in Western Digital’s filings with the Securities and Exchange Commission (the “SEC”), including Western Digital’s Annual Report on Form 10-K filed with the SEC on August 20, 2024 and Quarterly Report on Form 10-Q filed with the SEC on May 2, 2025, to which your attention is directed. You should not place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Western Digital undertakes no obligation to update or revise these forward-looking statements to reflect new information or events, except as required by law.

© 2025 Western Digital Corporation or its affiliates. All rights reserved. Western Digital, the Western Digital design, the Western Digital logo, and RapidFlex are registered trademarks or trademarks of Western Digital Corporation or its affiliates in the US and/or other countries. NVIDIA and NVIDIA Spectrum are trademarks and/or registered trademarks of NVIDIA Corporation. The NVMe and NVMe-oF word marks are trademarks of NVM Express, Inc. PCIe is a registered trademark and/or service mark of PCI-SIG in the U.S. and/or other countries. All other marks are the property of their respective owners. Product specifications are subject to change without notice. Pictures shown may vary from actual products. Not all products will be available in all regions of the world.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514663256/en/

Press Contact:

Western Digital: [email protected]

KEYWORDS: United States Taiwan North America Asia Pacific California

INDUSTRY KEYWORDS: Networks Internet Hardware Artificial Intelligence Data Management Consumer Electronics Technology Semiconductor

MEDIA:

Logo

Wells Fargo & Company Announces Full Redemption of its Series U Preferred Stock and Related Depositary Shares

SAN FRANCISCO–(BUSINESS WIRE)–
Wells Fargo & Company (NYSE: WFC) today announced that on June 15, 2025 (which, due to the occurrence of a non-business day, will shift to June 16, 2025), it will redeem all 80,000 outstanding shares (the “Redeemed Series U Preferred Shares”) of its 5.875% Fixed-to-Floating Rate Non-Cumulative Perpetual Class A Preferred Stock, Series U (the “Series U Preferred Stock”). The redemption of the Redeemed Series U Preferred Shares will trigger the redemption of the 2,000,000 outstanding shares of the related depositary shares (the “Redeemed Series U Depositary Shares”), each representing a 1/25 interest in a share of Series U Preferred Stock (the “Series U Depositary Shares”). The redemption price will be equal to $25,000.00 per Redeemed Series U Preferred Share and $1,000.00 per Redeemed Series U Depositary Share. After giving effect to the redemption, no shares of the Series U Preferred Stock or the Series U Depositary Shares will remain outstanding.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250514614959/en/

Because the redemption date is also a dividend payment date for the Series U Preferred Stock and the Series U Depositary Shares, the redemption prices noted herein do not include declared and unpaid dividends. Regular quarterly dividends will be paid separately in the customary manner on June 15, 2025 (which, due to the occurrence of a non-business day, will shift to June 16, 2025), to holders of record at the close of business on May 30, 2025.

All regulatory requirements relating to the redemption of the Redeemed Series U Preferred Shares and Redeemed Series U Depositary Shares have been satisfied by Wells Fargo & Company. The redemption agent is Computershare Trust Company, N.A., Attn: Corporate Actions, COY: WFCO, 150 Royall Street, Suite 101, Canton, MA 02021 or PO Box 43014, Providence, RI 02940-3014. Payment of the redemption price for the Redeemed Series U Depositary Shares will be sent to holders by the redemption agent on the redemption date.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations.

Additional information may be found at www.wellsfargo.com

LinkedIn: https://www.linkedin.com/company/wellsfargo

News Release Category: WF-CFH

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514614959/en/

Media

Beth Richek, 980-308-1568

[email protected]

Investor Relations

Tanya Quinn, 415-396-7495

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Photo

Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo)

Lineage to Present at 3^rd Annual H.C. Wainwright BioConnect Investor Conference at Nasdaq NYC

CARLSBAD, Calif.–(BUSINESS WIRE)–Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing allogeneic cell therapies for unmet medical needs, today announced that Brian M. Culley, Lineage’s Chief Executive Officer, will be presenting at the 3^rd Annual H.C. Wainwright BioConnect Investor Conference, in a fireside chat hosted by Joseph Pantginis, Ph.D., Managing Director, Equity Research, on Tuesday, May 20, 2025, at 2:30pm ET. The 3^rd Annual H.C. Wainwright BioConnect Investor Conference takes place on Tuesday, May 20, 2025, at the Nasdaq stock exchange headquarters in New York, NY.

Investors interested in scheduling an in-person meeting with the Lineage management team should contact their H.C. Wainwright representative or email [email protected]. A replay of Lineage’s fireside chat will be available on the Events and Presentations section of Lineage’s website, following the conclusion of the conference.

About Lineage Cell Therapeutics, Inc.

Lineage Cell Therapeutics is a clinical-stage biotechnology company developing novel, “off-the-shelf,” cell therapies to address unmet medical needs. Lineage’s programs are based on its proprietary cell-based technology platform and associated development and manufacturing capabilities. From this platform, Lineage designs, develops, manufactures, and tests specialized human cells with anatomical and physiological functions similar or identical to cells found naturally in the human body. These cells are created by applying directed differentiation protocols to established, well-characterized, and self-renewing pluripotent cell lines. These protocols generate cells with characteristics associated with specific and desired developmental lineages. Cells derived from such lineages are transplanted into patients in an effort to replace or support cells that are absent or dysfunctional due to degenerative disease, aging, or traumatic injury, and to restore or augment the patient’s functional activity. Lineage’s neuroscience focused pipeline currently includes: (i) OpRegen^®, a retinal pigment epithelial cell therapy in Phase 2a development under a worldwide collaboration with Roche and Genentech, a member of the Roche Group, for the treatment of geographic atrophy secondary to age-related macular degeneration; (ii) OPC1, an oligodendrocyte progenitor cell therapy in Phase 1/2a development for the treatment of spinal cord injuries; (iii) ReSonance™ (ANP1), an auditory neuronal progenitor cell therapy for the potential treatment of auditory neuropathy; (iv) PNC1, a photoreceptor neural cell therapy for the potential treatment of vision loss due to photoreceptor dysfunction or damage; and (v) RND1, a novel hypoimmune induced pluripotent stem cell line being developed under a gene editing partnership. For more information, please visit www.lineagecell.com or follow the company on X/Twitter @LineageCell.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514299171/en/

Lineage Cell Therapeutics, Inc. IR

Ioana C. Hone

([email protected])

(442) 287-8963

Russo Partners – Media Relations

Nic Johnson or David Schull

([email protected])

([email protected])

(212) 845-4242

KEYWORDS: United States North America California New York

INDUSTRY KEYWORDS: Science Neurology Biotechnology Research General Health Health Genetics Clinical Trials

MEDIA:

Logo

Sprinklr Announces Date of First Quarter Financial Results

NEW YORK–(BUSINESS WIRE)–Sprinklr (NYSE: CXM), the unified customer experience management (Unified-CXM) platform for modern enterprises, today announced that the company’s first quarter of fiscal year 2026 financial results will be released before market open on June 4, 2025. The company’s earnings press release will be made available on the Sprinklr Investor Relations website at investors.sprinklr.com.

Sprinklr will host a conference call to discuss its results at 8:30 am ET the same day. Interested parties may register for and access the live webcast of the call at the Sprinklr Investor Relations website. To access the call by phone, dial 877-459-3955 (domestic) or 201-689-8588 (international). The conference ID number is 13753882. Following the call, a replay will be available at the same website.

About Sprinklr

Sprinklr is a leading enterprise software company for all customer-facing functions. With advanced AI, Sprinklr’s unified customer experience management (Unified-CXM) platform helps companies deliver human experiences to every customer, every time, across any modern channel. Headquartered in New York City with employees around the world, Sprinklr works with more than 1,900 valuable enterprises — global brands like Microsoft, P&G, Samsung, and 60% of the Fortune 100. Sprinklr is redefining the world’s ability to make every customer experience extraordinary.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514379987/en/

Investor Relations

[email protected]

Press Contact

Austin DeArman

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Mobile/Wireless Technology Finance Public Relations/Investor Relations Marketing Communications Professional Services Software Internet Artificial Intelligence

MEDIA:

Logo

The Toro Company to Announce Fiscal 2025 Second Quarter Results

BLOOMINGTON, Minn.–(BUSINESS WIRE)–
The Toro Company (NYSE: TTC), a leading global provider of solutions for the outdoor environment, announced today that it will release its fiscal 2025 second quarter results on Thursday, June 5, at approximately 7:30 a.m. CT. The full text of The Toro Company’s earnings release will be available at that time at www.thetorocompany.com/invest. The company will also hold an earnings conference call at 10 a.m. CT that day.

A live, listen-only webcast of the earnings conference call will be available at www.thetorocompany.com/invest. Visitors are encouraged to go to the website in advance of the call to register, and download and install any necessary audio software. A replay will be available on the website shortly following the call.

About The Toro Company

The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With net sales of $4.6 billion in fiscal 2024, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, Ditch Witch, Exmark, Spartan Mowers, BOSS Snowplow, Ventrac, American Augers, Trencor, Subsite Electronics, HammerHead, Radius HDD, Perrot, Hayter, Unique Lighting Systems, Irritrol, and Lawn-Boy. Through constant innovation and caring relationships built on trust and integrity, The Toro Company and its family of brands have built a legacy of excellence by helping customers work on golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. For more information, visit www.thetorocompany.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514573846/en/

Investor Relations

Jeremy Steffan

Director, Investor Relations

(952) 887-7962, [email protected]

Media Relations

Branden Happel

Senior Manager, Public Relations

(952) 887-8930, [email protected]

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS: Home Goods Retail Construction & Property Manufacturing Other Consumer Women Other Retail Men Agriculture Natural Resources Other Manufacturing Specialty Machinery Lifestyle Consumer Other Construction & Property

MEDIA:

Logo

Dine Brands Global, Inc. Announces Second Quarter 2025 Dividend

PASADENA, Calif.–(BUSINESS WIRE)–
Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee’s Neighborhood Grill + Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, today announced that its Board of Directors declared a quarterly cash dividend of $0.51 per share of common stock. The dividend will be payable on July 9, 2025, to the Company’s stockholders of record at the close of business on June 20, 2025.

About Dine Brands Global, Inc.

Based in Pasadena, California, Dine Brands Global, Inc. (NYSE: DIN), through its subsidiaries and franchisees, supports and operates restaurants under the Applebee’s Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® brands. As of March 31, 2025, these three brands consisted of over 3,500 restaurants across 19 international markets. Dine Brands is one of the largest full-service restaurant companies in the world and in 2022 expanded into the Fast Casual segment. For more information on Dine Brands, visit the Company’s website located at www.dinebrands.com.

Forward-Looking Statements

Statements contained in this press release may constitute “forward-looking statements” 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. You can identify these forward-looking statements by words such as “may,” “will,” “would,” “should,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan,” “goal” and other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those expressed or implied in such statements. These factors include, but are not limited to: general economic conditions, including the impact of inflation, particularly as it may impact our franchisees directly; our level of indebtedness; compliance with the terms of our securitized debt; our ability to refinance our current indebtedness or obtain additional financing; our dependence on information technology; potential cyber incidents; the implementation of corporate strategies, including restaurant development plans; our dependence on our franchisees; the concentration of our Applebee’s franchised restaurants in a limited number of franchisees; the financial health of our franchisees including any insolvency or bankruptcy; credit risks from our IHOP franchisees operating under our previous IHOP business model in which we built and equipped IHOP restaurants and then franchised them to franchisees; insufficient insurance coverage to cover potential risks associated with the ownership and operation of restaurants; our franchisees’ and other licensees’ compliance with our quality standards and trademark usage; general risks associated with the restaurant industry; potential harm to our brands’ reputation; risks of food-borne illness or food tampering; possible future impairment charges; trading volatility and fluctuations in the price of our stock; our ability to achieve the financial guidance we provide to investors; successful implementation of our business strategy; the availability of suitable locations for new restaurants; shortages or interruptions in the supply or delivery of products from third parties or availability of utilities; the management and forecasting of appropriate inventory levels; development and implementation of innovative marketing and use of social media; changing health or dietary preference of consumers; changes in U.S. government regulations and trade policies, including the imposition of tariffs and other trade barriers; risks associated with doing business in international markets; the results of litigation and other legal proceedings; third-party claims with respect to intellectual property assets; delivery initiatives and use of third-party delivery vendors; our allocation of human capital and our ability to attract and retain management and other key employees; compliance with federal, state and local governmental regulations; risks associated with our self-insurance; risks of major natural disasters, including earthquake, wildfire, tornado, flood or a man-made disaster, including terrorism, civil unrest or a cyber incident; risks of volatile and adverse weather conditions as a result of climate change; pandemics, epidemics, or other serious incidents; our success with development initiatives outside of our core business; the adequacy of our internal controls over financial reporting and future changes in accounting standards; changes in tax laws; failure to meet investor and stakeholder expectations regarding business responsibility matters; and other factors discussed from time to time in the Corporation’s Annual and Quarterly Reports on Forms 10-K and 10-Q and in the Corporation’s other filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation does not intend to, nor does it assume any obligation to, update or supplement any forward-looking statements after the date hereof to reflect actual results or future events or circumstances.

FBN-R

View source version on businesswire.com: https://www.businesswire.com/news/home/20250514306342/en/

Investor Contact

Matt Lee

Sr. Vice President, Finance and Investor Relations

Dine Brands Global, Inc.

[email protected]

Media Contact

Susan Nelson

Sr. Vice President, Global Communications

Dine Brands Global, Inc.

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Retail Restaurant/Bar Food/Beverage

MEDIA:

Logo