First Solar(FSLR) - 2025 Q3 - Quarterly Results
2025-10-30 20:09
EXHIBIT 99.1 News Release First Solar, Inc. Announces Third Quarter 2025 Financial Results and Updates Guidance TEMPE, Arizona, October 30, 2025 – First Solar, Inc. (Nasdaq: FSLR) (the "Company") today announced financial results for the third quarter ended September 30, 2025, and updated its 2025 guidance. Net sales for the third quarter were $1.6 billion, an increase of $0.5 billion from the prior quarter. The increase in net sales was primarily due to an increase in the volume of modules sold to third pa ...
Twilio(TWLO) - 2025 Q3 - Quarterly Results
2025-10-30 20:09
Exhibit 99.1 Twilio Announces Third Quarter 2025 Results • Non-GAAP Income from Operations of $235 million, up 29% year-over-year SAN FRANCISCO--(BUSINESS WIRE)--October 30, 2025--Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today's leading brands, reported financial results for its third quarter ended September 30, 2025. "Twilio saw another record quarter of revenue and non-GAAP income from operations and as a result, we've raised our revenue, pr ...
iRhythm(IRTC) - 2025 Q3 - Quarterly Results
2025-10-30 20:09
Financial Performance - Revenue for Q3 2025 was $192.9 million, a 30.7% increase from $147.5 million in Q3 2024[5] - Gross profit for Q3 2025 was $137.1 million, up 35.1% from $101.5 million in Q3 2024, with a gross margin of 71.1%, a 230-basis point improvement[6] - Operating expenses for Q3 2025 were $145.6 million, down from $151.8 million in Q3 2024, with adjusted operating expenses at $141.4 million compared to $143.8 million in the prior year[7] - Net loss for Q3 2025 was $5.2 million, or a diluted loss of $0.16 per share, significantly improved from a net loss of $46.2 million, or a diluted loss of $1.48 per share, in Q3 2024[9] - Revenue for the three months ended September 30, 2025, was $192.884 million, a 30.6% increase from $147.538 million in the same period of 2024[21] - Gross profit for the three months ended September 30, 2025, was $137.122 million, compared to $101.476 million in 2024, reflecting a gross margin improvement[21] - Operating expenses for the three months ended September 30, 2025, totaled $145.551 million, a decrease of 4.8% from $151.779 million in 2024[25] - The net loss for the three months ended September 30, 2025, was $5.212 million, significantly improved from a net loss of $46.182 million in the same period of 2024[21] - Adjusted net loss for the three months ended September 30, 2025, was $1.976 million, compared to an adjusted net loss of $39.240 million in 2024[23] Cash and Guidance - Unrestricted cash, cash equivalents, and marketable securities totaled $565.2 million as of September 30, 2025[10] - Full year 2025 revenue guidance is projected between $735 million to $740 million, with an adjusted EBITDA margin expected to range from approximately 8.25% to 8.75%[11] - The company achieved record free cash flow generation during Q3 2025 and anticipates being free cash flow positive for the first time in its history[4] Innovation and Market Growth - Continued growth in demand for Zio services and market penetration of Zio AT contributed to the revenue increase[5] - iRhythm is advancing its innovation pipeline, including the submission of the next-generation Zio MCT solution to the FDA[4] - Upcoming data presentations at the American Heart Association (AHA) Scientific Sessions from November 7–10, 2025, will further support the clinical value proposition of Zio services[8] - Research and development expenses for the three months ended September 30, 2025, were $21.033 million, up from $15.694 million in 2024, indicating increased investment in innovation[21] - The company incurred $0.3 million in acquired in-process research and development expense for the three months ended September 30, 2025[26] Adjusted Metrics - Adjusted EBITDA for the three months ended September 30, 2025, was $21.559 million, compared to a loss of $19.886 million in 2024[23] - Total operating expenses for the nine months ended September 30, 2025, were $438.888 million, an increase from $403.885 million in 2024[25]
National CineMedia(NCMI) - 2025 Q3 - Quarterly Results
2025-10-30 20:08
Financial Performance - Total revenue for Q3 2025 increased by 1.6% to $63.4 million compared to $62.4 million in Q3 2024[3] - Net income for Q3 2025 was $1.6 million, or $0.02 per diluted share, a significant improvement from a net loss of $3.6 million, or $0.04 per diluted share, in Q3 2024[3] - Adjusted OIBDA for Q3 2025 rose to $10.2 million from $8.8 million in Q3 2024, reflecting improved operational efficiency[3] - For the nine months ended September 25, 2025, total revenue decreased by 2.9% to $150.0 million compared to $154.5 million for the same period in 2024[4] - Operating loss for Q3 2025 decreased to $1.8 million from $7.5 million in Q3 2024, indicating improved financial performance[3] - Total revenue for the three months ended September 25, 2025, was $63.4 million, a slight increase from $62.4 million for the same period in 2024, while total revenue for the nine months ended was $150.0 million, down from $154.5 million[25] - National advertising revenue for the three months ended September 25, 2025, was $49.9 million, up 6.6% from $46.8 million in the same period last year, while local and regional advertising revenue decreased to $9.6 million from $11.4 million[25] - Adjusted OIBDA for the three months ended September 25, 2025, was $10.2 million, compared to $8.8 million for the same period in 2024, with an adjusted OIBDA margin of 16.1%[25][33] - The company reported an operating loss of $1.8 million for the three months ended September 25, 2025, an improvement from a loss of $7.5 million in the same period last year[25][33] - Adjusted income per share for the three months ended September 25, 2025, was $0.00, compared to a loss of $0.05 in the same period last year[25] Assets and Equity - Total assets as of September 25, 2025, were $451.9 million, down from $568.6 million as of December 26, 2024[20] - Cash, cash equivalents, and marketable securities decreased to $32.9 million from $78.2 million as of December 26, 2024[20] - The company reported a decrease in total equity to $350.5 million as of September 25, 2025, compared to $411.2 million at the end of 2024[20] Attendance and Screens - Total attendance for the three months ended September 25, 2025, was 108.7 million, down from 121.6 million in the same period in 2024, while attendance for the nine months ended was 296.4 million, slightly up from 290.2 million[25] - The company had 17,696 total screens at the end of the period, a decrease from 18,141 screens at the end of September 26, 2024[22] - ESA Party attendance for the three months ended September 25, 2025, was 68.2 million, down from 74.3 million in the same period last year[25] Dividends and Future Projections - The company declared a cash dividend of $0.03 per share, totaling approximately $2.8 million, to be paid on November 26, 2025[6] - NCM LLC expects Q4 2025 total revenue to be between $91.0 million and $98.0 million, with Adjusted OIBDA projected in the range of $30.0 million to $35.0 million[7] Adjusted Losses and Costs - Adjusted net loss excluding adjusting items for the nine months ended September 25, 2025, was $34.8 million, an improvement from a loss of $28.6 million for the same period in 2024[38] - Workforce reorganization costs for the nine months ended September 25, 2025, totaled $3.1 million, reflecting changes to the company's workforce[38] - System optimization costs incurred in the third quarter of 2024 amounted to $1.5 million, with an additional $1.8 million for the nine months ended September 25, 2025[39] - The company incurred $5.4 million in advisor and legal fees related to the Cineworld proceeding and Chapter 11 case for the nine months ended September 25, 2025[38] - The loss on re-measurement of the payable under the tax receivable agreement for the nine months ended September 25, 2025, was $1.6 million, compared to a gain of $9.3 million for the same period in 2024[38] - Diluted income per share excluding adjusting items for the nine months ended September 25, 2025, was $(0.37), compared to $(0.30) for the same period in 2024[38] - The weighted average shares outstanding for diluted income per share as reported was 93,701,506 for the three months ended September 25, 2025[38]
Ingram Micro Holding Corporation(INGM) - 2025 Q3 - Quarterly Results
2025-10-30 20:08
Exhibit 99.1 Ingram Micro Reports Q3 2025 Financial Results with Net Sales Up 7.2%, Delivering Fourth Consecutive Quarter of Net Sales Growth IRVINE, Calif. — (BUSINESS WIRE) — October 30, 2025 — Ingram Micro Holding Corporation (NYSE: INGM) ("Ingram Micro" or the "Company") today reported fiscal third quarter results for the period ended September 27, 2025. The Company reported fiscal third quarter net sales of $12.6 billion, net income on a GAAP basis of $99.5 million, or $0.42 per share, and non-GAAP net ...
Grid Dynamics(GDYN) - 2025 Q3 - Quarterly Results
2025-10-30 20:08
Exhibit 99.1 Grid Dynamics Reports Third Quarter 2025 Financial Results Record Revenues of $104.2 million; Board Authorizes $50.0 million Share Repurchase Program San Ramon, Calif. — October 30, 2025 – Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) ("Grid Dynamics" or the "Company"), a leader in enterprise-level AI and digital transformation, today announced results for the third quarter ended September 30, 2025. We are pleased to report third quarter 2025 revenues of $104.2 million. This is within our outlook ...
Alkami(ALKT) - 2025 Q3 - Quarterly Results
2025-10-30 20:08
Exhibit 99.1 Alkami Announces Third Quarter 2025 Financial Results PLANO, Texas, October 30, 2025 (PRNewswire) -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami" or "the Company"), a leading cloud-based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its third quarter ending September 30, 2025. Third Quarter 2025 Financial Highlights Comments on the News Alex Shootman, Chief Executive Officer, said, "We are very pleased to report strong financial ...
Reddit(RDDT) - 2025 Q3 - Quarterly Results
2025-10-30 20:08
Financial Performance - Revenue grew 68% year-over-year to $585 million, with ad revenue increasing 74% to $549 million[3] - Net income reached $163 million, representing 28% of revenue, an increase of $133 million from the prior year[3] - Adjusted EBITDA was $236 million, accounting for 40% of revenue, an improvement of $142 million from the prior year[3] - Operating cash flow was $185 million, an increase of $114 million from the prior year[3] - Free Cash Flow was $183 million, up $113 million from the prior year[3] - Reddit, Inc. reported revenue of $584.9 million for the three months ended September 30, 2025, representing a 68% increase from $348.4 million in the same period of 2024[24] - The company achieved a net income of $162.7 million for the three months ended September 30, 2025, compared to a net income of $29.9 million in the prior year, marking a significant improvement[24] - Adjusted EBITDA for the three months ended September 30, 2025, was $236.0 million, with an adjusted EBITDA margin of 40.3%, compared to 27.0% in the prior year[26] Cash Flow - Operating cash flow for the three months ended September 30, 2025, was $185.2 million, up from $71.6 million in the same period of 2024, resulting in an operating cash flow margin of 31.7%[27] - Free cash flow for the three months ended September 30, 2025, was $183.1 million, compared to $70.3 million in the same period of 2024, with a free cash flow margin of 31.3%[27] Assets and Liabilities - Total current assets increased to $2.77 billion as of September 30, 2025, from $2.22 billion as of December 31, 2024, reflecting strong liquidity[23] - Reddit's total assets reached $2.88 billion as of September 30, 2025, compared to $2.34 billion at the end of 2024, indicating robust growth[23] - The company reported total liabilities of $265.7 million as of September 30, 2025, an increase from $205.8 million at the end of 2024[23] - The company’s accumulated deficit decreased to $922.7 million as of September 30, 2025, from $1.20 billion at the end of 2024, reflecting improved financial performance[23] Research and Development - Research and development expenses for the three months ended September 30, 2025, were $196.4 million, up from $166.7 million in the same period of 2024, highlighting continued investment in innovation[24] User Engagement - Daily Active Uniques (DAUq) increased 19% year-over-year to 116.0 million[1] - Average Revenue Per Unique (ARPU) increased 41% year-over-year to $5.04 globally[22] Future Guidance - Revenue guidance for Q4 2025 is estimated to be between $655 million and $665 million[7] - Adjusted EBITDA guidance for Q4 2025 is projected to be between $275 million and $285 million[7]
Shake Shack(SHAK) - 2025 Q3 - Quarterly Report
2025-10-30 20:08
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 24, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ______ Commission file number: 001-36823 SHAKE SHACK INC. (Exact name of registrant as specified in its charter) Delaware 47- ...
Axos Financial(AX) - 2026 Q1 - Quarterly Results
2025-10-30 20:08
Loan Growth and Acquisitions - Axos reported a loan growth of $1,020 million from the Verdant acquisition in Q1 FY26[3] - The provision for credit losses included a "Day 1" adjustment following the Verdant acquisition, impacting the income statement[5] - Non-interest expenses related to the acquisition were incurred, affecting overall profitability[5] - The total loans and leases from the Verdant acquisition are included in the asset-based and cash flow lending categories[3] - The company aims to enhance its market position through strategic acquisitions like Verdant Commercial Capital[4] - Acquisition-related costs for the three months ended September 30, 2025, included $1.3 million associated with the Verdant acquisition[22] Financial Performance - The total assets increased to $2,283.2 million, reflecting a significant growth in the balance sheet[6] - Total assets reached $27,431 million as of September 30, 2025, up from $24,780 million in the previous quarter[15] - The company reported total deposits of $22,264 million, an increase from $20,829 million in the prior quarter[15] - Net interest income for the quarter ended September 30, 2025, was $465.736 million, an increase from $442.413 million in the previous quarter[17] - Net income for the quarter was $112.352 million, up from $110.675 million in the previous quarter, reflecting a growth of approximately 1.5%[17] - The company reported a total revenue of $2.79 billion for the quarter, reflecting a year-over-year increase of 12%[25] - The company achieved a net income of $1.96 billion, which is a 10% increase year-over-year[25] Deposits and Financial Stability - Approximately 90% of deposits are either FDIC-insured or collateralized, indicating a strong deposit base[8] - The diversified deposit gathering strategy has strengthened the company's financial stability[8] - The company has a diversified deposit gathering business with segments including consumer direct ($12,000 million) and commercial & treasury management ($4,500 million)[9] - The company reported a strong balance sheet with a debt-to-equity ratio of 0.4, indicating a solid financial position[25] Credit Quality and Losses - The allowance for credit losses (ACL) and unfunded loan commitments reserve (UCL) stood at $6.4 million[12] - Provision for credit losses was $172.55 million, compared to $149.97 million in the prior quarter, indicating a rise in expected credit losses[17] - The allowance for credit losses to total loans held for investment was 1.34%, consistent with the previous quarter, suggesting stable credit quality management[17] - Non-performing assets to total assets ratio was 0.74%, an increase from 0.79% in the previous quarter, indicating a rise in asset quality concerns[17] Growth and Market Strategy - The company is focused on expanding its market presence through innovative products and services[4] - Future guidance indicates continued growth in loan categories and overall financial performance[3] - The company plans to launch two new products in Q4 2023, aiming to capture an additional 5% market share[25] - Future guidance estimates revenue growth of 8-10% for the next quarter, driven by increased demand in key markets[25] - The company is exploring strategic acquisitions to enhance its technology capabilities and market presence[25] Efficiency and Ratios - The efficiency ratio improved to 48.32%, down from 46.87% in the previous quarter, indicating better cost management[17] - Return on average assets (ROAA) was 1.77%, consistent with the previous quarter's performance[17] - Return on average common shareholders' equity (ROE) was 15.94%, a decrease from 16.85% in the prior quarter[17] - The net interest margin was 4.75%, slightly down from 4.84% in the previous quarter, reflecting changes in interest rates[17] Shareholder Value - The book value per common share increased to $49.31 from $47.46 in the previous quarter[15] - Basic earnings per share (EPS) for the quarter was $1.99, compared to $1.96 in the previous quarter, showing a slight increase[17] - Adjusted earnings (non-GAAP) for the same period were $120.38 million, up from $111.81 million, representing an increase of 7.4% year-over-year[22] - Diluted EPS (non-GAAP) for the period was $2.07, compared to $1.90 in the previous year, indicating a growth of 9%[22] - Non-GAAP diluted earnings per share (EPS) was $2.68, up from $2.60 in the previous quarter, representing a 3% increase[25] User Base and Technology Investment - The user base expanded to 2.40 million active accounts, marking a 15% growth from the last quarter[25] - Research and development expenses increased to $50 million, reflecting a 20% increase as the company invests in new technologies[25]