AECOM (ACM) , a global leader in infrastructure, has partnered with the Saudi Ministry of Sport to provide site supervision consultancy at King Fahd Sport City in Riyadh. The company will support the transformation of the stadium ahead of the AFC Asian Cup 2027 and the 2034 FIFA World Cup.The project includes transforming the stadium as part of Saudi Arabia’s preparation for the two major international tournaments. This signals the company’s role in advancing key infrastructure efforts within the Kingdom.AE ...

Core Viewpoint - Allied Critical Metals Inc. has provided an update on its use of funds following a concurrent financing of approximately $4.6 million, emphasizing the prioritization of exploration at the Borralha Tungsten Project to achieve a preliminary economic assessment by summer 2025 [1][3][4]. Summary by Relevant Sections Use of Funds - The company plans to allocate the funds from the concurrent financing as follows: - Borralha Phase 1: $492,600 - Borralha Phase 2: $1,503,200 - Vila Verde Phase 1: $0 (not funded) - Vila Verde Phase 2: $0 (not funded) - Prepayment on 2027 Note: $100,000 - General and administrative costs: $180,000 - Investor relations services: $885,500 - Additional working capital: $231,866 - Total estimated use of funds is $3,574,811, which is $245,824 less than the maximum projected amount of $3,820,635 [2][5]. Exploration Focus - The company is prioritizing the Borralha project for exploration, which is expected to enable the completion of a preliminary economic assessment (PEA) or prefeasibility study (PFS) by the end of summer 2025. Drilling at Borralha is anticipated to commence on May 22, 2025 [3][4]. Investor Relations Strategy - A total of $885,500 has been allocated for investor relations services to enhance the company's profile and facilitate future capital raising efforts following the completion of the PEA/PFS [4][5]. Market Context - The tungsten market is currently valued at approximately $5 to $6 billion USD, with prices having risen by 25% from $320/MTU to $400/MTU over the past five months. This increase is attributed to a favorable macroeconomic environment for tungsten, which is considered a critical metal [4][12]. Management Changes - Sean Choi has been appointed as the new Chief Financial Officer, replacing Keith Margetson, who will continue as a consultant [8][9]. Stock Options and RSUs - The company has granted 3,500,000 stock options at an exercise price of $0.22 per share and 4,097,760 restricted share units (RSUs) to its directors, officers, employees, and consultants [10][11].

 Vancouver, British Columbia - May 15, 2025 – TheNewswire - Allied Critical Metals Inc. (CSE: ACM) (FSE: 0VJ0) (“Allied" or the "Company"), which is focused on its 100% owned past producing Borralha and Vila Verde tungsten projects in northern Portugal, is pleased to announce that its common shares now trade on the Frankfurt Stock Exchange under the trading symbol "0VJ0". The listing of Allied's shares on the Frankfurt Stock Exchange will broaden the shareholder base in Europe, increase trading activity, an ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Aecom Technology (ACM) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question.Aecom Technology is one of 90 individual stocks in the Construction sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank consi ...

Group 1 - The core viewpoint is that ACM Research, Inc. (NASDAQ: ACMR) is seen as a promising investment due to its growth potential in the wafer cleaning segment, which is crucial for the semiconductor supply chain [1] - The company is emerging as a significant player in its industry, indicating a positive outlook for future performance [1] Group 2 - The analysis is based on thorough research and analysis of financial statements, market trends, and upcoming events that may impact the company or industry [1]

Core Viewpoint - Aecom Technology (ACM) is showing potential as a strong investment opportunity due to its recent technical indicators and positive earnings revisions [1][2][3] Technical Analysis - ACM has recently surpassed the 200-day moving average, indicating a long-term bullish trend [1] - The stock has appreciated by 12% over the past four weeks, suggesting upward momentum [2] Earnings Estimates - There have been two upward revisions in earnings estimates for the current fiscal year, with no downward revisions, indicating positive sentiment among analysts [3] - The consensus estimate for ACM has also increased, further supporting the bullish outlook [3] Investment Recommendation - Given the strong technical indicators and positive earnings revisions, ACM is recommended for investors to consider adding to their watchlist [3]

Core Viewpoint - Growth investors seek stocks with above-average financial growth, but identifying such stocks can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Aecom Technology (ACM) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 16.8%, with projected EPS growth of 13.9% this year, surpassing the industry average of 11.8% [5] Group 2: Key Metrics - Aecom's asset utilization ratio (sales-to-total-assets ratio) is 1.35, indicating the company generates $1.35 in sales for every dollar in assets, compared to the industry average of 1.21 [6] - The company's sales are expected to grow by 5.6% this year, while the industry average is projected at 0% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Aecom, with the Zacks Consensus Estimate for the current year increasing by 1% over the past month [8] - Aecom has earned a Growth Score of B and carries a Zacks Rank 2 due to positive earnings estimate revisions, indicating potential for outperformance [10]

Revenue Performance - Revenue for the three months ended March 31, 2025, was $3,771.6 million, a decrease of $172.3 million or 4.4% compared to $3,943.9 million for the same period in 2024[142] - Revenue for the three months ended March 31, 2025 decreased by $172.3 million, or 4.4%, to $3,771.6 million compared to $3,943.9 million for the same period last year[144] - Pass-through revenues for the three months ended March 31, 2025 were $1.9 billion, representing 50% of total revenue, down from $2.1 billion and 54% in the same period last year[146] - Revenue for the Americas segment decreased by $141.9 million, or 4.7%, to $2,896.7 million for the three months ended March 31, 2025, compared to $3,038.6 million for the same period last year[168] - Revenue for the International segment decreased by $30.0 million, or 3.3%, to $874.8 million for the three months ended March 31, 2025, compared to $904.8 million for the same period last year[176] - Revenue for the Americas segment for the six months ended March 31, 2025 decreased by $68.6 million, or 1.1%, to $6,008.7 million compared to $6,077.3 million for the same period last year[169] Profitability - Gross profit increased by $29.7 million or 11.4% to $290.8 million for the three months ended March 31, 2025, compared to $261.1 million for the same period in 2024[142] - Gross profit for the three months ended March 31, 2025 increased by $29.7 million, or 11.4%, to $290.8 million, with gross profit as a percentage of revenue rising to 7.7% from 6.6%[149] - Income from operations for the three months ended March 31, 2025, was $257.6 million, an increase of $57.1 million or 28.5% compared to $200.5 million for the same period in 2024[142] - Net income attributable to AECOM from continuing operations for the three months ended March 31, 2025, was $154.0 million, an increase of $42.7 million or 38.4% compared to $111.3 million for the same period in 2024[142] - Net income attributable to AECOM for the six months ended March 31, 2025, was $129.9 million[223] Expenses and Costs - Cost of revenue for the three months ended March 31, 2025 decreased by $202.0 million, or 5.5%, to $3,480.8 million compared to $3,682.8 million for the same period last year[147] - General and administrative expenses decreased by $4.7 million or 10.5% to $40.0 million for the three months ended March 31, 2025, compared to $44.7 million for the same period in 2024[142] - Interest expense decreased by $5.4 million or 11.3% to $42.3 million for the three months ended March 31, 2025, compared to $47.7 million for the same period in 2024[142] - Income tax expense for the three months ended March 31, 2025 was $51.2 million, an increase from $45.4 million in the corresponding period last year, primarily due to an increase in pre-tax income[161] Discontinued Operations - The company reported a net loss from discontinued operations of $10.3 million for the three months ended March 31, 2025, a decrease of $99.1 million or 90.6% compared to a net loss of $109.4 million for the same period in 2024[142] - Net loss from discontinued operations for the three months ended March 31, 2025 was $10.3 million, a decrease of $99.1 million from $109.4 million for the same period last year[164] Joint Ventures - The company’s equity in earnings of joint ventures decreased by $12.7 million or 65.1% to $6.8 million for the three months ended March 31, 2025, compared to $19.5 million for the same period in 2024[142] - The company reported a loss of $2.1 million in equity earnings from joint ventures for the three months ended March 31, 2025, a decrease of $11.8 million compared to the previous year[183] Cash Flow and Working Capital - Net cash provided by operating activities increased to $341.7 million for the six months ended March 31, 2025, compared to $237.4 million for the same period in 2024, driven by a net income increase of approximately $214.1 million[188] - Net cash used in investing activities decreased to $86.0 million for the six months ended March 31, 2025, from $121.9 million in the same period of 2024[189] - Net cash used in financing activities increased to $236.4 million for the six months ended March 31, 2025, compared to $188.4 million for the same period in 2024, primarily due to a $24.4 million increase in stock repurchases[190] - Working capital increased by $113.6 million, or 14.2%, to $915.6 million at March 31, 2025, from $802.0 million at September 30, 2024[191] Debt and Interest Rates - Total debt as of March 31, 2025, was $2,546.9 million, slightly up from $2,539.8 million at September 30, 2024[195] - The average effective interest rate on total debt decreased to 5.1% for the six months ended March 31, 2025, from 5.5% for the same period in 2024[210] - If short-term floating interest rates had increased by 1.00%, interest expense for the six months ended March 31, 2025, would have increased by $4.8 million[229] Stock Repurchase and Authorizations - The company had approximately $899.2 million remaining of the Board's stock repurchase authorization as of March 31, 2025, following an increase in the authorization to $1.0 billion on November 14, 2024[138] Restructuring and Future Outlook - The company expects to spend approximately $45 million for restructuring costs in fiscal 2025, aimed at delivering continued margin improvement and efficiencies[185] - The company anticipates seasonal trends, with typically higher revenue in the last half of the fiscal year, particularly in the fourth quarter[184] Pension Plans - As of March 31, 2025, the defined benefit pension plans had an aggregate deficit of approximately $112.1 million[215] - For the year ended September 30, 2024, contributions to multiemployer pension plans amounted to $2.5 million[215] Assets and Equity - Current assets increased to $3,491.6 million as of March 31, 2025, compared to $3,405.2 million as of September 30, 2024[221] - Total liabilities decreased to $5,750.1 million as of March 31, 2025, from $5,831.1 million as of September 30, 2024[221] - Total stockholders' equity increased to $699.8 million as of March 31, 2025, compared to $607.7 million as of September 30, 2024[221]

Core Viewpoint - ACM Research (ACMR) is expected to report first-quarter 2025 results with projected revenues between $165 million and $170 million, reflecting year-over-year growth of 8.4%-11.7% despite a decline in earnings per share by 28.85% compared to the previous year [1][2]. Financial Performance - The Zacks Consensus Estimate for earnings is 37 cents per share, unchanged over the past 30 days [1]. - ACMR has consistently beaten earnings estimates in the past four quarters, with an average surprise of 97.86% [2]. Market Demand and Product Expansion - The first-quarter performance is anticipated to benefit from strong demand for single-wafer cleaning, electroplating, furnace tools, and advanced packaging, particularly in Mainland China [3]. - New products, including the high-temperature Sulfuric Peroxide Mixture (SPM) and Tahoe, are expected to drive revenue growth [3][5]. - ACMR is expanding its market presence outside Mainland China, engaging with global customers in the U.S., Europe, Korea, Taiwan, and Singapore [4]. Customer Base and Revenue Growth - The diverse customer base includes major players like Huahong Group, SMIC, and YMTC, contributing to solid demand and revenue growth [5]. - The furnace product line is gaining traction, particularly among memory and logic customers, leading to increased revenues from this segment [5]. Challenges - ACMR faces challenges from macroeconomic uncertainties, increasing competition in the semiconductor industry, and U.S. export restrictions [6][16]. Stock Valuation - ACMR shares are considered undervalued, with a forward 12-month Price/Sales ratio of 1.18X compared to the sector's 5.82X and peers like Applied Materials and Lam Research [7]. - The company's shares have increased by 28.3% year-to-date, outperforming the Zacks Computer & Technology sector, which has declined by 8% [10]. Competitive Landscape - ACMR has outperformed key competitors such as Applied Materials, Lam Research, and Tokyo Electron in the year-to-date period [13]. - The company has diversified its product offerings across cleaning, plating, and advanced packaging, targeting a global semiconductor market estimated at approximately $18 billion [14]. Technological Advancements - A major logic device manufacturer in Mainland China has qualified ACMR's Single-Wafer High-Temperature SPM tool, designed for advanced semiconductor applications [15].

Core Viewpoint - AECOM reported mixed results for Q2 fiscal 2025, with earnings exceeding estimates while revenues fell short of expectations and declined year-over-year, although net service revenues (NSR) increased [1][3]. Financial Performance - Adjusted earnings per share (EPS) reached $1.25, surpassing the consensus estimate of $1.15 by 8.7% and marking a 20% increase from the previous year [3]. - Total revenues amounted to $3.77 billion, a 4% decline year-over-year, while adjusted NSR grew by 4% to $1.87 billion [3]. - Adjusted operating income rose to $218 million, reflecting a 13% year-over-year increase, with an adjusted operating margin of 19.4%, up 130 basis points [6]. Backlog and Pipeline - Total backlog at the end of Q2 was $24.27 billion, an increase from $23.74 billion a year ago, with design backlog reaching a record high [4]. - The book-to-burn ratio in the U.S. design business was 1.2x, marking the 18th consecutive quarter above 1.0, indicating sustained demand [4]. Segment Performance - Revenues in the Americas segment were $2.9 billion, down 5% year-over-year, but NSR increased by 6% to $1.1 billion, driven by strong performance in the design business [5]. - International revenues decreased by 3% to $875 million, while NSR grew by 1% to $742 million, supported by growth in the U.K. and Hong Kong [7]. Cash Flow and Liquidity - Cash and cash equivalents totaled $1.6 billion, slightly up from $1.58 billion at the end of fiscal 2024, with total debt at $2.55 billion [11]. - Operating cash flow increased by 102% year-over-year to $191 million, and adjusted free cash flow rose by 141% to $178 million [11]. Guidance and Outlook - AECOM raised its fiscal 2025 guidance for adjusted EBITDA and EPS, expecting adjusted EPS in the range of $5.10-$5.20, indicating a 14% improvement from fiscal 2024 levels [12][13]. - The company anticipates 5-8% organic NSR growth for fiscal 2025 and expects adjusted EBITDA between $1.180-$1.210 billion, reflecting 9% year-over-year growth at the midpoint [13][14].