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QUANTA SERVICES REPORTS FOURTH QUARTER AND FULL-YEAR 2025 RESULTS
Prnewswire· 2026-02-19 11:55
Core Insights - Quanta Services reported strong financial results for Q4 2025 and full-year 2025, with significant year-over-year growth in revenue and adjusted EBITDA, achieving record results across multiple key financial metrics [1][2] - The company anticipates double-digit growth in revenues, net income, and adjusted EBITDA for full-year 2026, with a projected EPS growth of over 20% [1][2] - Quanta's backlog reached an all-time high of $44.0 billion, driven by strong demand in the Electric segment and sustained activity across end markets [1][2] Financial Performance - Q4 2025 revenues were $7.84 billion, up from $6.55 billion in Q4 2024, with net income attributable to common stock at $315.5 million, or $2.08 per diluted share, compared to $305.1 million, or $2.03 per diluted share, in Q4 2024 [1][2] - Full-year 2025 revenues totaled $28.48 billion, an increase from $23.67 billion in 2024, with net income attributable to common stock of $1.03 billion, or $6.80 per diluted share, compared to $904.8 million, or $6.03 per diluted share, in 2024 [1][2] Segment Performance - Quanta operates under two reportable segments: Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions, with the Electric segment contributing significantly to overall revenues [6][7] - For Q4 2025, the Electric segment generated revenues of $6.43 billion, accounting for 82% of total revenues, while the Underground segment contributed $1.41 billion, representing 18% [6][7] Acquisitions - In Q4 2025, Quanta completed the acquisition of Tri-City Group, Wilson Construction Company, and Billings Flying Service for approximately $1.73 billion, enhancing its capabilities in electrical infrastructure services [2][3] - These acquisitions are expected to contribute approximately $0.40-$0.50 to adjusted EPS in 2026, primarily within the Electric segment [2][3] 2026 Guidance - For full-year 2026, Quanta expects revenues between $33.25 billion and $33.75 billion, with net income attributable to common stock ranging from $1.27 billion to $1.38 billion [2][3] - The company projects diluted EPS to be between $8.36 and $9.06, and adjusted diluted EPS to range from $12.65 to $13.35 [2][3]
Wheels Up Announces Fourth Quarter Results
Prnewswire· 2026-02-19 11:55
(26,654)$ (84,613)__________________(1)Consists of expenses associated with the Company's global integration efforts, including charges for employee separation programs and third-party advisor costs. (2)Consists of expenses incurred in connection with the execution of our fleet modernization strategy first announced in October 2024, which primarily includes expenses associated with transitioning our Bombardier Challenger 300 series and Embraer Phenom 300 series aircraft to our operations and pilot training ...
Visteon Delivers Record Gross Margin and Adjusted EBITDA in 2025
Prnewswire· 2026-02-19 11:55
17.68$ 2.88$ 20.56December 31, 2025September 30, 2025June 30, 2025March 31, 2025(In millions)BeforeChange inAccountingMethodAfterChange inAccountingMethodBeforeChange inAccountingMethodAfterChange inAccountingMethodBeforeChange inAccountingMethodAfterChange inAccountingMethodBeforeChange inAccountingMethodAfterChange inAccountingMethodCondensed Consolidated Statement of Operations:Income (loss) beforeincome taxes$ 65$ 65$ 81$ 81$ 97$ 97$ 95$ 95Benefit from (provision for) incometaxes(20)13(22)(90)(28)(22)(2 ...
Canada Nickel and the University of Texas Successfully Complete Carbon Sequestration Pilot at the Crawford Nickel Project
Prnewswire· 2026-02-19 11:45
Core Insights - Canada Nickel Company has successfully completed an in-situ carbon sequestration pilot study at its Crawford Nickel Project, demonstrating a new pathway for permanent CO2 storage [1] - The pilot project sequestered approximately 12 tonnes of CO2, indicating the potential for large-scale decarbonization in mining operations [1] Group 1: Project Details - The carbon sequestration pilot was conducted in collaboration with the U.S. Department of Energy's Advanced Research Projects Agency – Energy, led by the University of Texas at Austin [1] - The pilot involved short-duration injection trials and continuous CO2-saturated water injection into a well drilled to a depth of 396 meters, confirming that the injected CO2 remained dissolved without surface leakage [1] - Monitoring of seismicity and water chemistry will continue in the coming months to ensure the effectiveness of the carbon sequestration process [1] Group 2: Economic and Environmental Impact - The direct injection approach has the potential to lower future mining costs by pre-conditioning and fracturing the rock mass, making it less energy-intensive for subsequent mining processes [1] - The initiative is part of Canada Nickel's vision for a Zero-Carbon Industrial Cluster in the Timmins region, expanding the company's carbon capture and storage capabilities [1] - The results from this study will inform future post-mining carbon sequestration strategies, enhancing the environmental and economic value of mining operations [1]
Choice Hotels International Reports Fourth Quarter and Full-Year 2025 Results
Prnewswire· 2026-02-19 11:30
Core Insights - Choice Hotels International reported record profitability for 2025, driven by a significant increase in international rooms and strong performance in the extended-stay segment [1][2] Financial Performance - Full-year 2025 net income was $369.9 million, with diluted EPS of $7.90 and adjusted EPS of $6.94 [1][2] - Adjusted EBITDA reached a record $625.6 million for 2025, with fourth-quarter adjusted EBITDA of $140.9 million [1][2] - Total revenues for 2025 were $1.597 billion, a slight increase from $1.585 billion in 2024 [1][2] Growth Metrics - U.S. extended stay net rooms grew by 11.7% compared to December 31, 2024, with a record number of hotel openings increasing by 8% during 2025 [1] - Global franchise agreements awarded increased by 22% in 2025, including a 6% increase in the fourth quarter [1] - International net rooms grew by 12.5% compared to December 31, 2024, with an 82% increase in hotel openings during 2025 [1] Development and Expansion - The U.S. pipeline for conversion rooms increased by 12% sequentially from September 30, 2025, and 7% compared to December 31, 2024 [1] - Key international milestones included the introduction of the Mainstay Suites brand to Australia and onboarding over 8,300 rooms in China [1][2] Shareholder Returns - The company returned $189.3 million to shareholders in 2025, including $53.5 million in dividends and $135.8 million in share repurchases [2] - As of December 31, 2025, the company had 2.8 million shares remaining under its current share repurchase authorization [2] Outlook for 2026 - The company expects net income for 2026 to range between $265 million and $275 million, with adjusted EBITDA projected between $632 million and $647 million [2] - Global RevPAR growth is anticipated to be between -2% and 1%, with U.S. RevPAR growth also expected in the same range [2]
CGI and Schneider Electric deliver end-to-end solutions for energy providers
Prnewswire· 2026-02-19 11:30
Core Insights - CGI and Schneider Electric are expanding their strategic partnership to provide sustainable end-to-end solutions for energy suppliers in the DACH region, addressing challenges and opportunities in the energy market [1] - The partnership combines CGI's industry expertise with Schneider Electric's advanced solutions for grid operations and planning, including ADMS and GIS [1] - AI is highlighted as a critical component in future transformation projects, enhancing process optimization, cost efficiencies, and sustainability in the energy sector [1] Group 1: Partnership Details - The collaboration aims to support energy suppliers in navigating regulatory complexities and transitioning to renewable energy [1] - Schneider Electric will provide grid operation solutions, while CGI will offer software implementation and system integration as a managed services partner [1] - The partnership builds on over 30 years of collaboration between the two companies, emphasizing technological excellence and industry knowledge [1] Group 2: Industry Context - The energy market is experiencing a shift due to the digitization of networks and increasing regulatory demands, creating both challenges and opportunities [1] - CGI and Schneider Electric are involved in the Digitopia Business Hub of Eurelectric, focusing on digital transformation and common challenges in the energy sector [1] - AI applications are set to be a key topic in 2026, aimed at accelerating decarbonization and improving system efficiency [1] Group 3: Company Profiles - CGI, founded in 1976, is one of the largest independent IT and business consulting firms globally, with reported revenue of CA$15.91 billion for Fiscal 2025 [1] - Schneider Electric is a leader in energy technology, focusing on efficiency and sustainability through electrification, automation, and digitalization, with a workforce of 160,000 employees [1]
Jones Soda Rolls Out Sunset Sarsaparilla 12-Packs to Club Stores Across Canada
Prnewswire· 2026-02-19 11:30
Core Insights - Jones Soda Co. has initiated the shipment of Sunset Sarsaparilla 12-packs to club stores across Canada, marking its largest licensed club-store deployment to date [1] - The distribution now covers every Canadian province, significantly increasing the availability of the Fallout-inspired beverage lineup [1] - The company aims to leverage high-velocity 12-pack formats to drive repeat purchases and premium impulse demand within the club channel [1] Company Strategy - The rollout aligns with Jones Soda's broader strategy to connect brand heritage with high-engagement fan communities and national retail partners [1] - The partnership with Bethesda Softworks to create sodas inspired by the Fallout franchise has generated strong demand among Canadian fans [1] - The company emphasizes authentic storytelling, disciplined partnerships, and scalable retail execution as key components of its brand strategy [1] Product Features - The Sunset Sarsaparilla 12-pack is the first licensed release to include exclusive collectible postcards featuring themed drink recipes, enhancing consumer engagement [1] - Early sell-through rates have been positive, reinforcing the strategy of pursuing high-impact collaborations that perform well in national club channels [1] - The company expects continued expansion of the Fallout platform through additional pack formats and licensed activations throughout 2026 [1] Market Performance - Historically, similar licensed launches have outperformed core SKUs during initial launch windows, particularly in limited and collectible formats [1] - The company is focused on driving profitable growth through branded innovation, expanded distribution, and high-engagement consumer experiences [1]
Deere Reports First Quarter Net Income of $656 Million
Prnewswire· 2026-02-19 11:21
Core Viewpoint - Deere & Company reported a net income of $656 million for the first quarter of fiscal 2026, a decrease from $869 million in the same quarter of the previous year, while increasing its net income guidance for the fiscal year to a range of $4.5 billion to $5.0 billion, indicating resilience and growth potential across diverse customer segments and geographies [1][2][3] Financial Performance - Net income for Q1 2026 was $656 million, or $2.42 per share, compared to $869 million, or $3.19 per share, in Q1 2025, reflecting a 25% decrease [1][2] - Worldwide net sales and revenues increased by 13% to $9,611 million in Q1 2026, up from $8,508 million in Q1 2025 [1][2] - Net sales for the quarter were $8,001 million, compared to $6,809 million in the same quarter of 2025, marking a 17.5% increase [1][2] Segment Performance - **Production & Precision Agriculture**: - Net sales increased by 3% to $3,163 million, but operating profit decreased by 59% to $139 million due to higher tariffs and unfavorable sales mix [1][2] - **Small Agriculture & Turf**: - Net sales rose by 24% to $2,168 million, with operating profit increasing by 58% to $196 million, driven by higher shipment volumes [1][2] - **Construction & Forestry**: - Net sales increased by 34% to $2,670 million, with operating profit rising by 111% to $137 million, attributed to higher shipment volumes and production efficiencies [1][2] Company Outlook - The company forecasts net income for fiscal 2026 to be in the range of $4.5 billion to $5.0 billion, indicating a positive outlook for growth as it transitions out of the current cycle [1][2] - Deere's sustained investment in research and development is expected to yield measurable results, enhancing its product portfolio across all business segments [1][2] Industry Outlook - **Agriculture & Turf**: - U.S. & Canada: Large Ag expected to decline by 15% to 20%, while Small Ag & Turf is flat to up 5% [1] - Europe: Flat to up 5% [1] - South America: Down approximately 5% [1] - Asia: Flat to down 5% [1] - **Construction & Forestry**: - U.S. & Canada: Construction Equipment up approximately 5% [1] - Global Forestry flat [1] - Global Roadbuilding up approximately 5% [1]
Hyperscale Data Subsidiary askROI Surpasses 1,300,000 Downloads on Apple App and Google Play Stores
Prnewswire· 2026-02-19 11:00
Core Insights - Hyperscale Data's subsidiary askROI has achieved over 1,300,000 downloads on Apple and Google Play stores, indicating strong organic growth and user interest in its AI-driven platform [1] - The askROI platform integrates multiple generative AI systems, allowing users to select optimal models for various tasks, enhancing productivity and decision-making capabilities [1] - Recent upgrades to askROI include collaborative features, real-time tools, and advanced data analysis capabilities, positioning the platform to meet future AI developments [1] Product Features - askROI enables users to orchestrate various AI models for tasks such as content generation, analytics, and workflow automation [1] - Key functionalities include continuous model upgrades, context-aware reasoning, and multi-model comparison [1] - The platform supports data integration from various sources, allowing for tailored AI-powered responses and high-value financial analysis [1] Productivity Tools - The platform offers a comprehensive suite of productivity tools beyond a chat interface, including automated document generation and knowledge management systems [1] - Recent enhancements include collaborative workspaces, group chat environments, and AI-generated responses within team discussions [1] - Users can create and distribute content directly within the platform using multimodal tools such as image recognition and AI image generation [1] Security and Data Analysis - askROI emphasizes user data protection with enterprise-level security architecture, including encrypted data transmission and privacy controls [1] - The platform provides advanced technical tools for users, including executable Python code environments and complex calculation engines for institutional-grade research [1] Company Overview - Hyperscale Data operates a data center for mining digital assets and offers colocation and hosting services, with plans for a divestiture of its subsidiary Ault Capital Group expected in Q4 2026 [2] - The company is focused on acquiring undervalued businesses and disruptive technologies, aiming for growth in various industries including AI, defense, and healthcare [2]
Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet
Prnewswire· 2026-02-19 11:00
Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 19, 2026 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of AI-enabled marketing-focused online business solutions, today announced that it has entered into an asset purchase agreement dated February 19, 2026 to sell its Viral Loops product and related assets ("Viral Loops") ...