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Select Medical Holdings Corporation Announces Results For Its Fourth Quarter and Year Ended December 31, 2025, Its 2026 Business Outlook, and Cash Dividend
Prnewswire· 2026-02-19 21:30
Core Viewpoint - Select Medical Holdings Corporation reported significant growth in revenue and income for the fourth quarter and full year ended December 31, 2025, alongside a positive business outlook for 2026 and the declaration of a cash dividend [1][2]. Financial Performance - For Q4 2025, revenue increased by 6.4% to $1,396.6 million from $1,312.6 million in Q4 2024 [1]. - Income from continuing operations before other income and expense surged by 203.1% to $63.9 million compared to $21.1 million in the prior year [1]. - Net income from continuing operations, net of tax, rose by 461.0% to $37.7 million, reversing a loss of $10.5 million in Q4 2024 [1]. - Adjusted EBITDA for Q4 2025 was $104.7 million, down from $116.0 million in Q4 2024 [1]. - Earnings per common share from continuing operations increased by 184.2% to $0.16, compared to a diluted loss per share of $0.19 in the prior year [1]. Annual Performance - For the year ended December 31, 2025, revenue grew by 5.1% to $5,452.8 million from $5,187.1 million in 2024 [1]. - Income from continuing operations before other income and expense increased by 25.3% to $336.2 million compared to $268.3 million in 2024 [1]. - Net income from continuing operations, net of tax, increased by 65.0% to $214.5 million from $130.0 million in the prior year [1]. - Adjusted EBITDA for the year was $493.2 million, down from $510.4 million in 2024 [1]. - Earnings per common share from continuing operations, net of tax, increased by 127.5% to $1.16, compared to $0.51 in 2024 [1]. Segment Performance - Critical Illness Recovery Hospital Segment: Q4 revenue increased by 4.9% to $629.7 million, with adjusted EBITDA rising by 5.3% to $66.4 million [2]. - Rehabilitation Hospital Segment: Q4 revenue increased by 15.2% to $339.2 million, with adjusted EBITDA increasing by 11.1% to $69.2 million [2]. - Outpatient Rehabilitation Segment: Q4 revenue increased by 1.6% to $324.6 million, but adjusted EBITDA fell to $11.2 million from $26.6 million in the prior year [2]. Business Outlook - For 2026, Select Medical expects revenue to be between $5.6 billion and $5.8 billion, with adjusted EBITDA projected between $520.0 million and $540.0 million [3]. - Fully diluted earnings per share are anticipated to range from $1.22 to $1.32 [3]. Dividend and Stock Repurchase - A cash dividend of $0.0625 per share was declared, payable on or about March 12, 2026 [2]. - The company authorized a stock repurchase program of up to $1.0 billion, with $96.5 million spent on repurchasing 6,375,512 shares in 2025 [2].
NNN REIT, Inc. Announces Retirement of Board Chair and Replacement
Prnewswire· 2026-02-19 21:30
NNN REIT, Inc. Announces Retirement of Board Chair and Replacement [Accessibility Statement] Skip NavigationORLANDO, Fla., Feb. 19, 2026 /PRNewswire/ -- The Board of Directors ("Board") of NNN REIT, Inc. (NYSE: NNN) ("NNN" or the "Company") announced that Steven D. Cosler, Chairperson ("Chair"), has retired from the Board effective February 18, 2026. Edward J. Fritsch, an independent director, has been appointed by the Board to succeed Mr. Cosler and serve as Chair effective upon Mr. Cosler's retirement.Mr. ...
SMR Investors Have Opportunity to Lead NuScale Power Corporation Securities Fraud Lawsuit
Prnewswire· 2026-02-19 21:29
Core Viewpoint - A class action lawsuit has been initiated against NuScale Power Corporation for alleged securities fraud, with the Rosen Law Firm representing investors who purchased Class A common stock between May 13, 2025, and November 6, 2025 [1] Company Overview - NuScale Power Corporation is facing legal challenges due to claims that it made false or misleading statements regarding its partnerships and operational capabilities in the nuclear power sector [1] - The lawsuit alleges that NuScale entrusted its commercialization and deployment of its NuScale Power Module to ENTRA1 Energy LLC, which lacked significant experience in nuclear energy generation [1] Legal Details - The lawsuit claims that during the class period, NuScale failed to disclose critical information about ENTRA1's lack of experience in building or operating significant projects in the nuclear power field [1] - It is asserted that the qualifications attributed to ENTRA1 were misleading and actually referred to another entity, the Habboush Group, which also lacked relevant experience [1] - The lawsuit indicates that these undisclosed risks could lead to failures, delays, and regulatory challenges for NuScale's commercialization strategy [1]
Ryerson Reports Fourth Quarter and Full-Year 2025 Results
Prnewswire· 2026-02-19 21:26
CORPORATION AND SUBSIDIARY COMPANIESCondensed Consolidated Balance Sheets(In millions, except shares)December 31,December 31,20252024AssetsCurrent assets:Cash and cash equivalents$26.9$27.7Restricted cash0.91.6Receivables, less provisions of $2.7 at December 31, 2025 and $2.5 at December 31, 2024460.8425.6Inventories648.3684.6Prepaid expenses and other current assets85.968.1Total current assets1,222.81,207.6Property, plant, and equipment, at cost1,179.81,152.0Less: accumulated depreciation570.0515.3Property ...
Darden Restaurants to Release Fiscal 2026 Third Quarter Results on March 19, 2026
Prnewswire· 2026-02-19 21:15
Darden Restaurants to Release Fiscal 2026 Third Quarter Results on March 19, 2026 [Accessibility Statement] Skip NavigationORLANDO, Fla., Feb. 19, 2026 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) plans to release its fiscal 2026 third quarter financial results before the market opens on Thursday, March 19, 2026. The Company will host a conference call, led by Rick Cardenas, President and Chief Executive Officer, and Raj Vennam, Chief Financial Officer, to review third quarter results and conduct a ...
Select Water Solutions Announces Public Offering of Common Stock
Prnewswire· 2026-02-19 21:15
Core Viewpoint - Select Water Solutions, Inc. has announced a public offering of $175.0 million of its Class A common stock to support general corporate purposes, including water infrastructure growth, potential acquisitions, and debt repayment [1] Group 1: Offering Details - The public offering is for $175.0 million of Class A common stock, with a par value of $0.01 per share [1] - The company plans to grant underwriters a 30-day option to purchase up to $26.25 million of additional shares at the public offering price [1] - J.P. Morgan Securities LLC and BofA Securities are the lead book-running managers for the offering [1] Group 2: Use of Proceeds - Net proceeds from the offering will be used for general corporate purposes, including water infrastructure growth capital projects, potential acquisitions, or debt repayment under the sustainability-linked credit facility [1] Group 3: Regulatory and Market Conditions - The offering is subject to market and other conditions, with no assurance on the completion or terms of the offering [1] - The offering is being conducted under an effective shelf registration statement filed with the SEC [1]
Palo Alto Networks Announces Offer to Purchase Relating to CyberArk Software Ltd.'s 0.00% Convertible Senior Notes due 2030
Prnewswire· 2026-02-19 21:15
Palo Alto Networks Announces Offer to Purchase Relating to CyberArk Software Ltd.'s 0.00% Convertible Senior Notes due 2030 [Accessibility Statement] Skip NavigationSANTA CLARA, Calif., Feb. 19, 2026 /PRNewswire/ -- Today, Palo Alto Networks, Inc. (NASDAQ: PANW) ("Palo Alto Networks") announced that, in connection with the closing of the transaction (the "Acquisition") contemplated by the Agreement and Plan of Merger, dated as of July 30, 2025, by and among Palo Alto Networks, CyberArk Software Ltd., a comp ...
RE/MAX HOLDINGS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS
Prnewswire· 2026-02-19 21:15
Total Fourth Quarter Revenue of $71.1 Million, Adjusted EBITDA of $22.4 Million DENVER, Feb. 19, 2026 /PRNewswire/ --Â Fourth Quarter 2025 Highlights (Compared to fourth quarter 2024 unless otherwise noted) Total Revenue decreased 1.8% to $71.1 million Revenue excluding the Marketing Funds1 decreased 0.4% to $53.6 million, driven by a negative 0.4% organic revenue growth2 and flat foreign currency movements Net income attributable to RE/MAX Holdings, Inc. of $1.4 million and income per diluted share (GAAP E ...
F&G Annuities & Life Reports Fourth Quarter and Full Year 2025 Results
Prnewswire· 2026-02-19 21:15
DES MOINES, Iowa, Feb. 19, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the fourth quarter and full year ended December 31, 2025. Net earnings attributable to common shareholders for the fourth quarter were $124 million, or $0.92 per diluted share (per share), compared to $323 million, or $2.50 per share, for the fourth quarte ...
Drilling Tools International Corp. Announces 2025 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule
Prnewswire· 2026-02-19 21:15
Drilling Tools International Corp. Announces 2025 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule [Accessibility Statement] Skip NavigationHOUSTON, Feb. 19, 2026 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as oth ...