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CCC Intelligent Solutions (CCCS) - 2025 Q3 - Quarterly Report
2025-10-30 12:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ CCC INTELLIGENT SOLUTIONS HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 001-39447 98-1546280 (St ...
Liberty .(LBTYB) - 2025 Q3 - Quarterly Results
2025-10-30 12:13
Revenue Performance - Liberty Global reported Q3 2025 revenue of $1,207.1 million, a 12.9% increase year-over-year, with consolidated revenue for the nine months ending September 30, 2025, at $3,647.4 million, up 13.3%[9]. - Revenue excluding handsets was £2,154.4 million, a decrease of 1.1% YoY on a reported and rebased basis[19]. - Revenue for VodafoneZiggo was $1,156.8 million, an increase of 2.3% YoY on a reported basis but a decrease of 3.9% on a rebased basis[24]. - Telenet's revenue was $804.9 million, an increase of 2.5% YoY on a reported basis but a decrease of 3.6% on a rebased basis[29]. - Virgin Media Ireland's revenue was $122.2 million, an increase of 2.0% YoY on a reported basis but a decrease of 3.9% on a rebased basis[36]. - Total revenue decreased by 5.6% year-over-year to £2,549.3 million for the three months ended September 30, 2025[55]. - Total revenue for Q3 2025 was €989.8 million, a decrease of 3.9% compared to €1,029.5 million in Q3 2024[64]. - Total revenue for Q3 2025 was €688.7 million, a decrease of 3.6% compared to €714.3 million in Q3 2024[72]. - Liberty Global's total revenue for the nine months ended September 30, 2025, was €322.8 million, a decrease of 3.3% from €333.7 million in the same period of 2024[83]. Adjusted EBITDA - Adjusted EBITDA for Liberty Global was $336.5 million in Q3 2025, a 1.5% increase year-over-year, with a projected negative Adjusted EBITDA of approximately $100 million for 2026, a 50% reduction from previous estimates[9][6]. - Adjusted EBITDA was £1,015.8 million, an increase of 2.2% YoY on a reported and rebased basis[19]. - Adjusted EBITDA for VodafoneZiggo was $522.2 million, a decrease of 1.1% YoY on a reported basis and 6.9% on a rebased basis[24]. - Telenet's adjusted EBITDA was $358.9 million, a decrease of 0.6% YoY on a reported basis and 6.5% on a rebased basis[29]. - Adjusted EBITDA for consolidated Liberty Telecom decreased by 0.4% to $400.7 million for Q3 2025 compared to Q3 2024[42]. - Total consolidated Adjusted EBITDA increased by 1.5% to $336.5 million for Q3 2025 compared to Q3 2024[42]. - Adjusted EBITDA for Q3 2025 was €447.2 million, down 6.9% from €480.3 million in Q3 2024[64]. - Adjusted EBITDA for Q3 2025 was €345.0 million, down 5.7% from €366.0 million in Q3 2024[72]. - Consolidated Adjusted EBITDA for the nine months ended September 30, 2025, was $996.4 million, up from $912.0 million in 2024, reflecting an increase of 9.2%[146]. Cash Flow and Debt - Liberty Global's cash flows from operating activities were $1,280.3 million, with cash flows from investing activities at -$269.1 million and financing activities at -$940.5 million[16]. - Total principal amount of debt and finance leases was $8.5 billion, with a blended, fully-swapped cost of debt of 3.8%[38]. - Cash provided by operating activities decreased by 5.4% to $301.8 million for Q3 2025 compared to Q3 2024[39]. - The company reported a net carrying amount of third-party debt and finance lease obligations of €10,398.3 million as of September 30, 2025[68]. - The leverage ratio of Net Total Debt to Annualized Adjusted EBITDA was 4.89x as of September 30, 2025[69]. - The company reported a net carrying amount of third-party debt and lease obligations of €5,911.0 million as of September 30, 2025[79]. - The average tenor of third-party debt was approximately 3.2 years, with a blended fully-swapped debt borrowing cost of 3.8%[79]. - The company had maximum undrawn commitments of £1,378.0 million equivalent as of September 30, 2025[58]. - The company’s liquidity, defined as cash and cash equivalents plus maximum undrawn commitments, was reported at $0.9 billion as of September 30, 2025[103]. Subscriber Metrics - Total mobile subscribers for consolidated reportable segments reached 2,972,700 as of September 30, 2025[45]. - Organic postpaid mobile net additions increased by 17,200 QoQ, reaching 5,337,100 postpaid mobile subscribers[63]. - Broadband subscribers decreased by 26,300 quarter-over-quarter and 109,700 year-over-year, totaling 5,704,300[54]. - Fixed-line customer relationships decreased by 27,000 QoQ to 3,312,700 as of September 30, 2025[63]. - Postpaid mobile subscribers decreased by 36,300 quarter-over-quarter and 217,100 year-over-year, totaling 15,763,300[54]. - Converged households as a percentage of broadband RGUs stood at 41.6%[54]. - Converged households as a percentage of broadband RGUs increased to 50.5% as of September 30, 2025[63]. - Converged households as a percentage of broadband RGUs increased to 9.1% in Q3 2025, up from 8.9% in Q3 2024[82]. Capital Expenditures - Total P&E additions, including ROU asset additions, decreased by 31.3% to £560.2 million[55]. - For the three months ended September 30, 2025, total consolidated property and equipment additions were $327.6 million, compared to $262.9 million for the same period in 2024, representing a growth of 24.6%[101]. - Total capital expenditures for the nine months ended September 30, 2025, were $905.5 million, compared to $611.9 million in 2024, marking an increase of 47.9%[101]. - Capital expenditures (P&E Additions) increased by 32.5% to €53.4 million in Q3 2025 from €40.3 million in Q3 2024[83]. Strategic Initiatives - The company is committed to a non-core asset disposal target of $500-750 million, with approximately $300 million in proceeds year-to-date from a partial ITV stake sale[5]. - VMO2 completed the B2B merger of O2 Daisy, targeting operational synergies of approximately £600 million on a net present value basis[16]. - The company anticipates the launch of a 2 Gbps offering by VodafoneZiggo, reaching nearly 7 million homes by year-end 2025[5]. - The company plans to focus on market expansion and new product development to drive future growth[130]. Foreign Currency Impact - The foreign currency impact on the VMO2 JV's revenue for the three months ended September 30, 2025, was $128.4 million[98]. - Foreign currency transaction losses for the nine months ended September 30, 2025, were $3,160.9 million, a significant increase from $202.1 million in the same period of 2024[146].
Liberty .(LBTYA) - 2025 Q3 - Quarterly Results
2025-10-30 12:13
1 • Liberty Telecom: Our telco operations in the UK, Netherlands and Ireland all delivered improved net adds across both their broadband and postpaid commercial results in Q3, while Belgium remained broadly stable. VMO2 successfully launched giffgaff broadband, underpinning its multi-brand approach in fixed alongside a similar strategy in mobile. VodafoneZiggo's new strategic plan helped deliver its best quarterly broadband performance in over two years and in October, VodafoneZiggo launched a 2 Gbps offeri ...
Liberty .(LBTYK) - 2025 Q3 - Quarterly Results
2025-10-30 12:13
Exhibit 99.1 Driving value creation across our strategic pillars including reshaped corporate operating model Denver, Colorado: October 30, 2025 - Liberty Global Ltd. announces its Q3 2025 financial results. CEO Mike Fries stated, "In the third quarter, we continued to execute against our key strategic initiatives. Despite challenging competitive environments across our Telecom markets, our operations each showed signs of commercial progress. Liberty Growth saw the conclusion of an outstanding Season 11 at ...
Diamond Hill(DHIL) - 2025 Q3 - Quarterly Results
2025-10-30 12:11
Exhibit 99.1 FOR IMMEDIATE RELEASE: Investor Contact: Tom Line—Chief Financial Officer 614-255-5989 (tline@diamond-hill.com) DIAMOND HILL INVESTMENT GROUP, INC. REPORTS RESULTS FOR THIRD QUARTER 2025 AND DECLARES QUARTERLY AND SPECIAL DIVIDEND COLUMBUS, Ohio - October 30, 2025 -- Diamond Hill Investment Group, Inc. (Nasdaq: DHIL) today reported unaudited financial results for the third quarter of 2025. The following are selected highlights for the quarter ended September 30, 2025: "We are encouraged by the ...
CRA(CRAI) - 2025 Q3 - Quarterly Results
2025-10-30 12:10
Exhibit 99.2 For Q3 of fiscal 2025, revenue was $185.9 million, compared with revenue of $167.7 million for Q3 of fiscal 2024. Headcount The following table outlines CRA's consultant headcount at the end of the stated quarters: | | Q3 | Q2 | Q1 | Q4 | Q3 | | --- | --- | --- | --- | --- | --- | | | 2025 | 2025 | 2025 | 2024 | 2024 | | Officers | 164 | 159 | 156 | 151 | 156 | | Other Senior Staff | 567 | 557 | 566 | 552 | 560 | | Junior Staff | 237 | 221 | 225 | 243 | 262 | | Total | 968 | 937 | 947 | 946 | 9 ...
ProPetro (PUMP) - 2025 Q3 - Quarterly Report
2025-10-30 12:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 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: 001-38035 ______________________________ ProPetro Holding Corp. (Exact name of registrant as specified in its charter) ___________________ ...
Liberty .(LBTYA) - 2025 Q3 - Quarterly Report
2025-10-30 12:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 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 001-35961 Liberty Global Ltd. (Exact name of Registrant as specified in its charter) Bermuda 98-1750381 (State or other jurisdiction of inc ...
Liberty .(LBTYK) - 2025 Q3 - Quarterly Report
2025-10-30 12:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 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 001-35961 Liberty Global Ltd. (Exact name of Registrant as specified in its charter) Bermuda 98-1750381 (State or other jurisdiction of inc ...
Liberty .(LBTYB) - 2025 Q3 - Quarterly Report
2025-10-30 12:07
Customer Metrics - As of September 30, 2025, the company served 11,443,800 fixed-line customers and 44,970,800 mobile subscribers, with networks passing 29,073,400 homes[250]. - The average number of residential customers decreased, contributing to a decline in fixed subscription revenue by $9.1 million for the three months and $28.2 million for the nine months ended September 30, 2025[278]. - The competitive environment has adversely impacted revenue, customer numbers, and average monthly subscription revenue per fixed-line customer or mobile subscriber[251]. Financial Performance - Total consolidated revenue for Q3 2025 reached $1,207.1 million, representing a 12.9% increase from $1,069.5 million in Q3 2024[263]. - For the nine months ended September 30, 2025, total consolidated revenue was $3,647.4 million, a 13.3% increase from $3,218.7 million in the same period of 2024[263]. - Loss from continuing operations for Q3 2025 was $83.4 million, compared to a loss of $1,423.7 million in Q3 2024[260]. - The company reported a significant increase in non-subscription revenue, which rose by $3.6 million (76.6%) to $8.3 million for the three months ended September 30, 2025[274]. - Consolidated revenue increased by $137.6 million or 12.9% for the three months and $428.7 million or 13.3% for the nine months ended September 30, 2025, compared to the same periods in 2024[277]. Adjusted EBITDA - Total consolidated Adjusted EBITDA for Q3 2025 was $336.5 million, up from $331.4 million in Q3 2024, reflecting a slight increase[260]. - Total consolidated reportable segments' Adjusted EBITDA was $400.7 million, a decrease of $1.6 million (0.4%) from $402.3 million in the prior year[270]. - Total consolidated Adjusted EBITDA for the nine months ended September 30, 2025, was $996.4 million, up from $912.0 million in the same period of 2024, representing an increase of 9.3%[260]. Revenue Segments - Telenet's revenue for Q3 2025 was $804.9 million, a 2.5% increase from $785.2 million in Q3 2024, while VM Ireland's revenue increased by 2.0% to $122.2 million[263]. - Residential fixed revenue increased by $20.6 million (4.7%) to $457.1 million for the three months ended September 30, 2025[274]. - Total B2B revenue increased by $20.3 million (9.5%) to $233.3 million for the three months ended September 30, 2025[274]. - Other revenue surged by $89.7 million (34.5%) to $349.4 million compared to $259.7 million in the previous year[274]. Costs and Expenses - Programming and other direct costs of services increased by $72.5 million or 22.6% for the three months and $210.3 million or 20.0% for the nine months ended September 30, 2025, compared to the same periods in 2024[284]. - Other operating expenses (excluding share-based compensation) increased by $23.6 million or 12.5% for the three months and $63.3 million or 11.5% for the nine months ended September 30, 2025, compared to the same periods in 2024[288]. - SG&A expenses increased, with specific increases in core network and IT-related costs of $10.7 million or 19.4% for the three months and $19.1 million or 15.9% for the nine months ended September 30, 2025[288]. - The company anticipates continued pressure on costs due to rising programming and copyright costs associated with digital content expansion and live sporting events[282]. Foreign Currency Impact - Changes in foreign currency exchange rates significantly impacted reported operating results, particularly with exposure to the euro[255]. - The primary exposure to foreign exchange risk was to the euro, impacting reported revenue significantly during the three months ended September 30, 2025[255]. - The company reported a foreign currency transaction gain of $3,160.9 million for the nine months ended September 30, 2025, compared to a gain of $202.1 million in the same period of 2024[260]. Debt and Liquidity - The outstanding principal amount of consolidated debt and finance lease obligations was $8.5 billion as of September 30, 2025[355]. - The company expects to maintain significant levels of interest expense due to its capital structure and debt levels[332]. - The total cash and cash equivalents as of September 30, 2025, amounted to $1,674.2 million, with $1,160.8 million held by borrowing groups[337]. - The company aims to maintain a consolidated debt balance between four and five times its consolidated Adjusted EBITDA[353]. Joint Ventures - The company has a 50% noncontrolling interest in both the VMO2 JV and the VodafoneZiggo JV, with results accounted for under the equity method[256]. - VMO2 JV reported an Adjusted EBITDA of $1,250.3 million, an increase of $79.4 million (6.8%) compared to $1,170.9 million in 2024[270]. - The VodafoneZiggo joint venture generated revenue of $1,156.8 million for the three months ended September 30, 2025, compared to $1,131.1 million in the same period of 2024[318]. Taxation - The income tax benefit for the three months ended September 30, 2025, was $46.9 million, compared to a benefit of $11.2 million in the same period of 2024[322]. - The net negative impact on income tax was primarily due to non-deductible foreign currency exchange results and permanent differences in financial and tax accounting treatments[326][327].