Financial Performance - Total revenue decreased by 2.7% to $1,292 million in Q1 2025[6] - Adjusted EBITDA decreased by 7.0% to $304 million, with an adjusted EBITDA margin decrease of 110 basis points to 23.5%[6] - Income from operations decreased to $56 million in Q1 2025, down 44.5% from $101 million in Q1 2024[22] - Net income attributable to Lineage, Inc. was $0 million in Q1 2025, compared to a loss of $40 million in Q1 2024[22] - Comprehensive income attributable to Lineage, Inc. was $42 million in Q1 2025, a significant improvement from a loss of $103 million in Q1 2024[22] - Basic and diluted earnings per share were both $0.01 in Q1 2025, compared to a loss of $0.28 per share in Q1 2024[22] - Adjusted EBITDA for Q1 2025 was $304 million, down from $327 million in Q1 2024, representing a decrease of approximately 7.0%[51] - Adjusted EBITDA margin for Q1 2025 was 23.5%, compared to 24.6% in Q1 2024[51] - Funds from operations (FFO) for Q1 2025 increased to $87 million, up from $39 million in Q1 2024[53] - Core FFO for Q1 2025 was $89 million, slightly higher than $86 million in Q1 2024[53] - Adjusted FFO for Q1 2025 was $219 million, compared to $148 million in Q1 2024, indicating a significant increase of approximately 47.3%[53] Cash Flow and Investments - Cash flows from operating activities increased to $139 million in Q1 2025, compared to $105 million in Q1 2024[28] - Cash, cash equivalents, and restricted cash at the end of Q1 2025 were $197 million, up from $94 million at the end of Q1 2024[28] - The company had a net cash used in investing activities of $138 million in Q1 2025, compared to $202 million in Q1 2024[28] - Maintenance capital expenditures rose to $32 million in Q1 2025 from $30 million in Q1 2024[42] - External growth capital investments decreased to $67 million in Q1 2025 from $129 million in Q1 2024[47] Revenue Segments - Total global warehousing segment revenues decreased by 2.6% to $944 million in Q1 2025 from $969 million in Q1 2024[30] - Global warehousing segment NOI declined by 6.5% to $360 million in Q1 2025 compared to $385 million in Q1 2024[30] - Average occupied economic pallets decreased by 1.6% to 8,056 thousand in Q1 2025 from 8,187 thousand in Q1 2024[30] - Total same warehouse revenues fell by 4.2% to $875 million in Q1 2025 from $913 million in Q1 2024[34] - Non-same warehouse revenues increased by 23.2% to $69 million in Q1 2025 from $56 million in Q1 2024[37] - Global Integrated Solutions segment revenues decreased by 3.1% to $348 million in Q1 2025 from $359 million in Q1 2024[40] Dividends and Shareholder Returns - The company declared a quarterly dividend of $0.5275 per share, representing an annualized dividend rate of $2.11 per share[6] Strategic Agreements and Future Plans - Lineage signed a definitive agreement to acquire four cold storage warehouses from Tyson Foods for $247 million[6] - The company plans to deploy approximately $1 billion of capital over the coming years as part of new agreements with Tyson Foods[6] - Full-year 2025 adjusted EBITDA guidance is maintained at $1.35 to $1.40 billion, and AFFO per share guidance is maintained at $3.40 to $3.60[5] Operational Insights - The company experienced more normal seasonal trends in Q1 2025 after elevated inventory levels in previous years[4] - Lineage's network is designed for flexibility to adapt to shifting customer needs while maintaining high service levels[4] - The company anticipates heightened uncertainty in the industry due to potential impacts from evolving U.S. tariff policies[7] Other Financial Metrics - Total operating expenses for Q1 2025 were $1,236 million, slightly up from $1,227 million in Q1 2024[22] - The company reported a gain of $16 million on foreign currency transactions in Q1 2025, compared to a loss of $11 million in Q1 2024[22] - The company reported a net loss of $48 million in Q1 2025 compared to a net income in Q1 2024[50] - The weighted average common shares outstanding increased to 256 million in Q1 2025 from 182 million in Q1 2024[53] - The company reported a net loss on foreign currency exchange transactions of $16 million in Q1 2025, compared to a gain of $11 million in Q1 2024[51]

Key Highlights TORONTO, April 29, 2025 /PRNewswire/ -- Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, "Zoomd" or the "Company"), the marketing technology (MarTech) user-acquisition and engagement platform, today announced preliminary Q1.25 results. Zoomd expects to release the Q1.25 financial results in May 2025. Revenues in Q1.25 are expected to be US$18M, a year over year increase of over 100%. This strong revenue growth reflects the continued m ...

-  Emmy® Award-Winning Actor and Godfather to Norwegian Aqua, Eric Stonestreet, Officially Christens Norwegian Aqua at PortMiami --  During the Celebration, NCL Unveils It's Bringing MORE Relaxation, MORE Family Activities and MORE Ways to Vacation on Great Stirrup Cay with New Experiences Debuting in Fourth Quarter 2025 -MIAMI, April 14, 2025 /PRNewswire/ -- Norwegian Cruise Line (NCL), the innovator in global cruise travel, celebrated the official christening of the all-new Norwegian Aqua in Miami and unv ...

Core Insights - Carnival Cruise Line is outlining its strategic plans for the next five years, focusing on innovation, guest experience, and loyalty enhancement [1][3][20] New Ships - The fourth ship in Carnival's Excel class will be named Carnival Festivale, debuting in spring 2027 from Port Canaveral, Florida [4][5] - Carnival Festivale will feature three new zones, including music-themed venues and immersive experiences [6] - The ship will have 1,000 interconnecting rooms, nearly 70% more than previous Excel ships, to better accommodate families [7] - Carnival Festivale will introduce a new outdoor zone called Sunsation Point, featuring Carnival Waterworks Ultra, the most family-friendly water park at sea [8][9] - The fifth Excel class ship will be named Carnival Tropicale, scheduled for delivery in spring 2028 [12] Deployment Updates - Carnival Festivale will allow Mardi Gras to offer short cruises from Port Canaveral, catering to first-time cruisers and families [15] - Carnival will return to year-round operations in Mobile, Alabama, starting spring 2027 [17] - The company is exploring moving a larger Conquest class ship to Baltimore in 2027 [17] Guest Experience - Carnival will enhance the guest experience on existing ships with strategic improvements, including décor modernization and new dining options [18] Destinations - Carnival is enhancing its exclusive destinations, marketing them as the new Paradise Collection, with a focus on the Caribbean and Mexico [19][25] - The new exclusive destination, Celebration Key, will open in July 2025, designed specifically for Carnival guests [24][25] - RelaxAway, Half Moon Cay will be expanded to accommodate larger ships, with enhancements expected to be completed by summer 2026 [25] Loyalty - Carnival will enhance its existing loyalty program, with details expected to be announced in summer 2025 [20][21]

SA Lineage Logistics (NASDAQ:LINE) is the world leader in cold storage with 3.1 billion cubic feet of dedicated real estate. It IPOed in June 2024 at $78 and has dropped precipitously to $59.66. The IPO valuation was a little bit aggressive, but the stock has gotten interesting at the now lower price, which represents a 17X multiple on consensus 2025 AFFO of $3.51. At an intriguing valuation, we put in some due diligence and here are our findings: Brief overview of LINE thesis Global food demand has steadil ...

LOS ANGELES, March 19, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lineage, Inc. ("Lineage" or "the Company") (NASDAQ: LINE) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lineage has suffered from multiple analyst downgrades due to its soft 2024 financia ...

LOS ANGELES, March 17, 2025 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Lineage, Inc. ("Lineage" or "the Company") (NASDAQ: LINE) for violations of the securities laws.INVESTIGATION DETAILS: The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lineage has suffered from multiple analyst downgrades due to its soft 2024 financial performance. DJS Law ...

CLEVELAND, March 13, 2025 /PRNewswire/ -- Preformed Line Products Company (NASDAQ: PLPC) today reported financial results for its fourth quarter of 2024 and full year ended December 31, 2024.Q4/Full Year 2024 Highlights: Quarterly net sales of $167.1 million, an increase of 15% from Q4 2023 and 14% from Q3 2024 Diluted EPS of $2.13, an increase of 65% from Q4 2023 and 38% from Q3 2024 Debt reduction of $33.7 million in 2024 due to strong cash generationNet sales in the fourth quarter of 2024 were $167.1 mil ...

Core Insights - The company reported annual results for 2024, achieving net sales of €1.002 billion, reflecting a decrease of 11.2% compared to 2023, attributed to challenging market conditions in the Homes and Decoration sector [5][6][23] - The company generated free cash flow (FCF) of €15 million in 2024, driven by strict control of working capital and cost savings of €45 million, despite a 10.2% decline in like-for-like sales [4][18] - The CEO emphasized ongoing transformation under the "Inspire Everyday" plan, aiming for a return to growth and a cumulative FCF of over €100 million from 2024 to 2026 [3][4] Financial Performance - Group sales for 2024 amounted to €1.002 billion, down from €1.128 billion in 2023, with like-for-like sales decreasing by 10.2% [5][6] - The gross margin improved to 64.0%, up 80 basis points from 2023, due to favorable freight costs and contributions from the Marketplace [12] - The net income for 2024 was -€115.3 million, a significant decline from a profit of €8.8 million in 2023, impacted by an €81 million impairment charge on historical goodwill [15][16] Operational Highlights - The company operated 338 stores at the end of 2024, including 14 managed by affiliates, and revamped 63 stores, with plans to reach a total of 100 revamped stores by the end of 2025 [4][9] - A loyalty program was launched in France in October 2024, and efforts were made to enhance the customer experience, resulting in a 4-point increase in Net Promoter Score (NPS) [4][18] - The company plans to simplify its operating model by reducing its SKU count by approximately 10% and cutting its supplier base by 50% by the end of 2025 [4][18] Debt and Liquidity - As of December 31, 2024, net financial debt excluding IFRS 16 was €85.1 million, a slight decrease from €90.4 million in 2023, with total gross debt at €175.2 million [19][20] - The company had around €200 million in liquidity and secured financing until April 2028, with adjustments to covenants accepted by banking partners [20][21] Future Outlook - The company anticipates visible effects from the "Inspire Everyday" plan in 2025, with a gradual return to growth expected [2][3] - The cost savings target has been increased to over €100 million over three years, with approximately €60 million expected during 2025-2026 [4][18]

LOS ANGELES, March 7, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Lineage, Inc. ("Lineage" or "the Company") (NASDAQ: LINE) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Lineage has suffered from multiple analyst downgrades due to its soft 2024 financial ...