Teleflex(TFX) - 2025 Q2 - Quarterly Results
2025-07-31 11:00
Exhibit 99.1 FOR IMMEDIATE RELEASE July 31, 2025 Teleflex Reports Second Quarter Financial Results and Full Year 2025 Outlook Wayne, PA -- Teleflex Incorporated (NYSE: TFX) (the "Company") today announced financial results for the second quarter ended June 29, 2025. • Raising GAAP revenue growth guidance range to 9.00% to 10.00% • Raising adjusted constant currency revenue growth guidance range to 7.70% to 8.70% • Raising GAAP EPS from continuing operations guidance range to $6.73 to $7.13 • Raising adjuste ...
Indivior PLC(INDV) - 2025 Q2 - Quarterly Results
2025-07-31 11:00
[Q2 2025 Performance and FY 2025 Outlook](index=1&type=section&id=Indivior%20Reports%20Second%20Quarter%202025%20Financial%20Results%20and%20Raises%20FY%202025%20Financial%20Guidance) [Q2 2025 Business Highlights](index=1&type=section&id=Business%20Highlights) Indivior reported strong Q2 2025 results, driven by **SUBLOCADE® revenue growth** and key strategic initiatives SUBLOCADE® Q2 2025 Net Revenue Performance | Metric | Q2 2025 | Change (YoY) | Change (vs Q1'25) | | :--- | :--- | :--- | :--- | | **Total SUBLOCADE® NR** | $209m | +9% | +19% | | **U.S. SUBLOCADE® NR** | $195m | +9% | +20% | - Initiated the 'Indivior Action Agenda' focusing on U.S. SUBLOCADE growth and reducing organizational complexity to support long-term growth and cash generation[2](index=2&type=chunk)[3](index=3&type=chunk) - Completed the cancellation of its London Stock Exchange (LSE) listing to trade exclusively on Nasdaq, aligning with its focus on U.S. SUBLOCADE growth[3](index=3&type=chunk) - Introduced Adjusted EBITDA as a new key profitability measure, replacing Non-GAAP Operating Income, to better reflect operating results and cash generation[4](index=4&type=chunk)[12](index=12&type=chunk) [Revised FY 2025 Financial Guidance](index=2&type=section&id=Raising%20Financial%20Guidance%20for%202025) Indivior raised its FY 2025 guidance for **revenue** and **Adjusted EBITDA**, reflecting strong performance and stabilized SUBOXONE® Film pricing FY 2025 Guidance Revision | Metric | Prior Guidance (Mid-point) | Revised Guidance (Mid-point) | Change (Mid-point) | | :--- | :--- | :--- | :--- | | **Net Revenue (NR)** | $990m | $1,055m | +$65m | | **SUBLOCADE® NR** | $745m | $775m | +$30m | | **Adjusted EBITDA** | $240m | $287.5m | +$47.5m | - The outlook for SUBOXONE® Film has improved from an 'accelerating NR decline' to a 'more moderated NR decline' due to pricing stabilization in the U.S. generic market[5](index=5&type=chunk) [Q2 2025 Detailed Financial Results](index=2&type=section&id=Financial%20Results%20for%20Second%20Quarter%20Ended%20June%2030%2C%202025) Q2 2025 total net revenue grew to **$302 million**, with **net income** improving to **$18 million** and **cash** reaching **$538 million** Q2 2025 Financial Summary vs. Q2 2024 | Metric | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | **Total Net Revenue** | $302m | $299m | | **U.S. Net Revenue** | $256m | $255m | | **Gross Margin** | 83% | 74% | | **Net Income (Loss)** | $18m | $(97)m | | **Diluted EPS (Loss)** | $0.14 | $(0.72) | | **Adjusted EBITDA** | $88m | $93m | - The slight increase in U.S. net revenue was driven by SUBLOCADE volume growth, which offset the decline in SUBOXONE Film and the discontinuation of PERSERIS[8](index=8&type=chunk) - R&D expense decreased by **20%** to **$21 million**, reflecting a refocusing of the pipeline on existing Phase 2 OUD assets[8](index=8&type=chunk) - Cash and investments totaled **$538 million** at quarter-end, an increase of **$191 million** from the end of 2024[8](index=8&type=chunk) [Financial Statements](index=6&type=section&id=Financial%20Statements) [Condensed Consolidated Statements of Operations](index=6&type=section&id=Condensed%20consolidated%20statements%20of%20operations) Indivior reported Q2 2025 **net income** of **$18 million**, a significant improvement from Q2 2024's **net loss** Condensed Consolidated Statements of Operations (Unaudited, in millions) | | Three Months Ended June 30, | Six Months Ended June 30, | | :--- | :--- | :--- | :--- | :--- | | | **2025** | **2024** | **2025** | **2024** | | **Net revenue** | $302 | $299 | $568 | $583 | | Gross profit | $250 | $220 | $472 | $466 | | Litigation settlement | $— | $160 | $1 | $160 | | **Operating income (loss)** | **$72** | **$(118)** | **$138** | **$(43)** | | Income (loss) before income taxes | $62 | $(121) | $121 | $(48) | | **Net income (loss)** | **$18** | **$(97)** | **$65** | **$(36)** | | **Diluted EPS (loss)** | **$0.14** | **$(0.72)** | **$0.52** | **$(0.27)** | [Condensed Consolidated Balance Sheets](index=7&type=section&id=Condensed%20consolidated%20balance%20sheets) Total assets reached **$1.45 billion** as of June 30, 2025, with **cash and equivalents** increasing to **$510 million** Condensed Consolidated Balance Sheets (Unaudited, in millions) | | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total current assets** | $951 | $827 | | **Total assets** | **$1,452** | **$1,316** | | **Total current liabilities** | $1,056 | $924 | | **Total liabilities** | **$1,709** | **$1,652** | | **Total shareholders' deficit** | **$(257)** | **$(337)** | | **Cash and cash equivalents** | $510 | $319 | [Condensed Consolidated Statements of Cash Flows](index=8&type=section&id=Condensed%20consolidated%20statements%20of%20cash%20flows) Net cash from operating activities significantly improved to **$233 million** for H1 2025, resulting in a **$510 million** cash balance Condensed Consolidated Statements of Cash Flows (Unaudited, in millions) | Six Months Ended June 30, | 2025 | 2024 | | :--- | :--- | :--- | | **Net cash provided by operating activities** | **$233** | **$51** | | Net cash (used in) provided by investing activities | $(22) | $26 | | Net cash used in financing activities | $(22) | $(91) | | **Net increase (decrease) in cash and cash equivalents** | **$189** | **$(14)** | | Cash and cash equivalents at end of period | $510 | $302 | [Reconciliation of GAAP to Non-GAAP Measures](index=9&type=section&id=Reconciliation%20of%20GAAP%20to%20non-GAAP%20financial%20information) [Selected Revenue and Expense Information](index=9&type=section&id=Selected%20revenue%20and%20expense%20information) Q2 2025 revenue breakdown highlights **U.S. SUBLOCADE® revenue** at **$195 million** and increased selling and marketing expenses Net Revenue by Product/Region (in millions) | | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | **US SUBLOCADE*** | $195 | $179 | | **US Sublingual & other** | $52 | $63 | | **Total U.S.** | $256 | $255 | | **Rest of World** | $46 | $44 | | **Total Net Revenue** | **$302** | **$299** | [Reconciliation of GAAP to Non-GAAP Financial Information](index=9&type=section&id=Reconciliation%20of%20GAAP%20to%20non-GAAP%20financial%20information_details) Q2 2025 non-GAAP net income was **$64 million** (vs GAAP **$18 million**), adjusted for share-based compensation and other costs Q2 2025 GAAP to Non-GAAP Net Income Reconciliation (in millions) | | Amount | | :--- | :--- | | **GAAP net income** | **$18** | | Adjustments in cost of sales | $2 | | Adjustments in SG&A | $12 | | Adjustments in interest expense | $4 | | Adjustments in tax expenses | $28 | | **Non-GAAP net income** | **$64** | - Non-GAAP diluted EPS for Q2 2025 was **$0.51**, compared to **$0.48** in Q2 2024[39](index=39&type=chunk) [Adjusted EBITDA Reconciliation](index=11&type=section&id=Adjusted%20EBITDA) Indivior adopted Adjusted EBITDA as a key non-GAAP measure, reporting **$88 million** for Q2 2025 reconciled from GAAP net income Q2 2025 Net Income to Adjusted EBITDA Reconciliation (in millions) | | Amount | | :--- | :--- | | **Net income** | **$18** | | Interest (income) | $(6) | | Interest expense | $15 | | Income tax expense | $44 | | Depreciation and amortization | $3 | | Share-based compensation expense | $8 | | Manufacturing transition | $2 | | Corporate initiative transition | $4 | | **Adjusted EBITDA** | **$88** | - The company provided supplemental historical Adjusted EBITDA, showing **$93 million** for Q2 2024 and **$358 million** for the full year 2024[44](index=44&type=chunk)
Colliers International(CIGI) - 2025 Q2 - Quarterly Report
2025-07-31 11:00
Second quarter and year to date operating highlights: | | Three months ended | | | | | | Six months ended | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | June 30 | | | | | | June 30 | | | (in millions of US$, except EPS) | 2025 | | | 2024 | | 2025 | | 2024 | | Revenues | $ | 1,347.6 | $ | 1,139.4 | $ | 2,488.8 | $ | 2,141.3 | | Net Revenues (note 1) | | 1,185.9 | | 1,018.0 | | 2,179.6 | | 1,908.7 | | Adjusted EBITDA (note 2) | | 180.2 | | 155.6 | | 296.3 | | 264.3 | | Adjusted EPS (note 3) | ...
First Foundation (FFWM) - 2025 Q2 - Quarterly Results
2025-07-31 11:00
First Foundation Inc. (NYSE: FFWM) July 31, 2025 cost deposits. ● Continued strong credit performance with net charge-offs of only $0.1 million in the quarter. ● Loan to deposit ratio of 93.4% as of June 30, 2025. ● Cost of deposits decreased 9 basis points from the prior quarter, and 54 basis points from the year-ago quarter, to 2.95%. ● Maintained strong liquidity and capital positions: - Total liquidity of $3.5 billion as of June 30, 2025. - Liquidity to uninsured and uncollateralized deposits Exhibit 99 ...
Donnelley Financial Solutions(DFIN) - 2025 Q2 - Quarterly Results
2025-07-31 11:00
Exhibit 99.1 DFIN Reports Second-Quarter 2025 Results CHICAGO – July 31, 2025 – Donnelley Financial Solutions, Inc. (NYSE: DFIN) (the "Company" or "DFIN") today reported financial results for the second quarter of 2025. Highlights for the second quarter of 2025: (a) Adjusted EBITDA, Adjusted EBITDA margin, Free Cash Flow, gross leverage and net leverage are non-GAAP financial measures that exclude the impact of certain items noted in the reconciliation tables below. The tables below provide reconciliations ...
Builders FirstSource(BLDR) - 2025 Q2 - Quarterly Results
2025-07-31 11:00
[Executive Summary and Highlights](index=1&type=section&id=Second%20Quarter%202025%20Highlights) Builders FirstSource reported durable Q2 2025 results with a **5.0%** decrease in net sales to **$4.2 billion**, driven by market challenges, margin normalization, and lower housing starts, yet maintained strong free cash flow and disciplined execution - CEO Peter Jackson highlighted the company's focus on controllable factors such as customer service, technology, and disciplined management to navigate the challenging market and strengthen its industry position for long-term value creation[1](index=1&type=chunk) - CFO Pete Beckmann emphasized the strength and adaptability of the operating model, which continues to generate strong free cash flow and preserve financial flexibility for disciplined capital deployment[1](index=1&type=chunk) Q2 2025 Key Performance Indicators (Y-o-Y) | Metric | Q2 2025 | Change (Y-o-Y) | | :--- | :--- | :--- | | Net Sales | $4.2 billion | -5.0% | | Gross Profit Margin | 30.7% | -210 bps | | Net Income | $185.0 million | -46.2% | | Diluted EPS | $1.66 | -42.2% | | Adjusted EBITDA | $506.1 million | -24.4% | | Adjusted EBITDA Margin | 12.0% | -300 bps | | Free Cash Flow | $255.0 million | -30.5% | | Shares Repurchased | 3.3 million | - | [Financial Performance Analysis](index=1&type=section&id=Second%20Quarter%202025%20Financial%20Performance%20Highlights) The company's Q2 2025 financial performance saw net sales decline **5.0%** to **$4.2 billion** due to market headwinds and an **8.5%** drop in core organic sales, leading to compressed profitability with gross margin at **30.7%** and Adjusted EBITDA margin at **12.0%** [Net Sales](index=2&type=section&id=Net%20Sales) Q2 2025 net sales decreased **5.0%** to **$4.2 billion**, primarily due to an **8.5%** drop in core organic sales across Multi-Family and Single-Family segments, partially offset by acquisitions Q2 2025 Net Sales Change Breakdown (Y-o-Y) | Component | Percentage Change | | :--- | :--- | | Core Organic Net Sales | -8.5% | | Commodity Deflation | -1.5% | | Acquisitions | +5.0% | | **Total Net Sales** | **-5.0%** | Q2 2025 Core Organic Net Sales Change by End Market (Y-o-Y) | End Market | Percentage Change | | :--- | :--- | | Multi-Family | -23.3% | | Single-Family | -9.1% | | R&R/Other | +3.0% | [Profitability](index=2&type=section&id=Gross%20Profit) Q2 2025 profitability declined significantly, with gross profit falling **11.2%** to **$1.3 billion**, net income decreasing **46.2%** to **$185.0 million**, and Adjusted EBITDA dropping **24.4%** to **$506.1 million** Q2 2025 Profitability Metrics (Y-o-Y) | Metric | Q2 2025 | Q2 2024 | Change | | :--- | :--- | :--- | :--- | | Gross Profit | $1.3 billion | $1.46 billion | -11.2% | | Gross Margin | 30.7% | 32.8% | -210 bps | | Net Income | $185.0 million | $344.1 million | -46.2% | | Diluted EPS | $1.66 | $2.87 | -42.2% | | Adjusted Net Income | $264.3 million | $420.4 million | -37.1% | | Adjusted Diluted EPS | $2.38 | $3.50 | -32.0% | | Adjusted EBITDA | $506.1 million | $669.7 million | -24.4% | | Adjusted EBITDA Margin | 12.0% | 15.0% | -300 bps | [Operating Expenses and Other](index=2&type=section&id=Selling%2C%20General%20and%20Administrative%20Expenses) SG&A expenses increased **1.5%** to **$987.8 million**, rising to **23.3%** of net sales, while net interest expense grew to **$72.0 million** and the effective tax rate increased to **22.7%** - SG&A increased **1.5% to $987.8 million**, representing **23.3% of net sales**, up **150 basis points** from the prior year due to reduced operating leverage[5](index=5&type=chunk) - Net interest expense rose by **$20.0 million to $72.0 million**, primarily due to higher average debt balances[6](index=6&type=chunk) - The effective tax rate increased by **140 basis points** year-over-year to **22.7%**, mainly due to a lower stock-based compensation windfall benefit[7](index=7&type=chunk) [Capital Management and Liquidity](index=3&type=section&id=Capital%20Structure%2C%20Leverage%2C%20and%20Liquidity%20Information) The company maintained strong liquidity of **$1.6 billion** and generated **$255.0 million** in free cash flow, while its net debt to LTM Adjusted EBITDA ratio increased to **2.3x**, supported by strategic debt issuance and share repurchases - Total liquidity as of June 30, 2025, was approximately **$1.6 billion**, consisting of **$1.54 billion** in borrowing availability and **$87 million** in cash[13](index=13&type=chunk) - The net debt to LTM Adjusted EBITDA ratio was **2.3x**, with net debt at **$4.6 billion** and LTM Adjusted EBITDA at **$2.0 billion**[13](index=13&type=chunk) - In Q2, the company repurchased **3.3 million shares for $390.9 million**. Since August 2021, it has repurchased **48.1% of its total shares outstanding for $8.0 billion**[13](index=13&type=chunk) - Completed a **$750 million offering of 6.750% senior notes due 2035** and amended its ABL facility, increasing commitments to **$2.2 billion** and extending maturity to May 2030[13](index=13&type=chunk) [Operational Excellence and Productivity](index=3&type=section&id=Productivity%20Savings%20From%20Operational%20Excellence) The company achieved **$5 million in Q2 2025 productivity savings**, bringing year-to-date totals to **$22 million**, with full-year 2025 savings projected between **$45 million and $65 million** - Delivered approximately **$5 million in productivity savings** in Q2 2025[13](index=13&type=chunk) - Year-to-date productivity savings total approximately **$22 million**[13](index=13&type=chunk) - The company expects to achieve **$45 million to $65 million in total productivity savings** in 2025[13](index=13&type=chunk) [Full Year 2025 Outlook and Assumptions](index=3&type=section&id=2025%20Full%20Year%20Total%20Company%20Outlook) Builders FirstSource projects full-year 2025 net sales between **$14.8 billion and $15.6 billion**, Adjusted EBITDA between **$1.5 billion and $1.7 billion**, and free cash flow between **$0.8 billion and $1.0 billion**, assuming continued market softness in housing starts Full Year 2025 Outlook | Metric | 2025 Guidance Range | | :--- | :--- | | Net Sales | $14.8B - $15.6B | | Gross Profit Margin | 29.0% - 30.5% | | Adjusted EBITDA | $1.5B - $1.7B | | Adjusted EBITDA Margin | 10.1% - 10.9% | | Free Cash Flow | $0.8B - $1.0B | Full Year 2025 Key Assumptions | Assumption | Projected Change/Value | | :--- | :--- | | Single-Family Starts | Down 10% - 12% | | Multi-Family Starts | Down mid-teens | | R&R | Flat | | Acquisition Net Sales Growth | +5.0% to +5.5% | | Total Capital Expenditures | $300M - $350M | | Interest Expense | $270M - $280M | | Effective Tax Rate | 23.0% - 25.0% | [Company and Investor Information](index=4&type=section&id=Conference%20Call) The company will host a Q2 2025 earnings conference call on July 31, 2025, and participate in September investor conferences, reinforcing its position as the largest U.S. building products supplier with approximately **585 locations in 43 states** - A conference call to discuss Q2 2025 financial results is scheduled for Thursday, July 31, 2025, at 8:00 a.m. Central Time[15](index=15&type=chunk) - Management will participate in the Goldman Sachs Consumer/Retail Conference on September 3, 2025, and the Jefferies Industrials Conference on September 4, 2025[17](index=17&type=chunk) - Builders FirstSource is described as the largest U.S. supplier of building products, prefabricated components, and value-added services, operating approximately **585 locations in 43 states**[18](index=18&type=chunk)[20](index=20&type=chunk) [Financial Statements](index=8&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENT%20OF%20OPERATIONS) The unaudited condensed consolidated financial statements for Q2 2025 show a year-over-year decline in net income, lower operating cash flow, significant cash used for share repurchases, and an increase in total assets and liabilities due to acquisitions and debt issuance [Condensed Consolidated Statement of Operations](index=8&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENT%20OF%20OPERATIONS) For the three months ended June 30, 2025, net sales decreased to **$4.23 billion**, with net income falling to **$185.0 million** and diluted EPS to **$1.66**, reflecting a significant year-over-year decline Statement of Operations Summary (Three Months Ended June 30) | (in thousands) | 2025 | 2024 | | :--- | :--- | :--- | | Net sales | $4,234,064 | $4,456,340 | | Gross margin | $1,299,041 | $1,462,684 | | Income from operations | $311,287 | $489,483 | | Net income | $185,031 | $344,090 | | Diluted EPS | $1.66 | $2.87 | [Condensed Consolidated Statement of Cash Flows](index=9&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENT%20OF%20CASH%20FLOWS) For the six months ended June 30, 2025, net cash provided by operating activities decreased to **$473.4 million**, while investing activities used **$1.06 billion** primarily for acquisitions, and financing activities provided **$519.5 million**, offsetting share repurchases Cash Flow Summary (Six Months Ended June 30) | (in thousands) | 2025 | 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $473,368 | $769,271 | | Net cash used in investing activities | ($1,059,473) | ($315,625) | | Net cash provided by (used in) financing activities | $519,501 | ($444,233) | | Net change in cash and cash equivalents | ($66,604) | $9,413 | [Condensed Consolidated Balance Sheet](index=10&type=section&id=CONDENSED%20CONSOLIDATED%20BALANCE%20SHEET) As of June 30, 2025, total assets increased to **$11.46 billion** and total liabilities rose to **$7.29 billion**, primarily due to long-term debt, while stockholders' equity slightly decreased to **$4.18 billion** Balance Sheet Summary | (in thousands) | June 30, 2025 | Dec 31, 2024 | | :--- | :--- | :--- | | Total current assets | $3,287,617 | $3,141,239 | | Total assets | $11,464,555 | $10,583,086 | | Total current liabilities | $1,834,631 | $1,777,276 | | Long-term debt, net | $4,669,983 | $3,700,643 | | Total liabilities | $7,286,463 | $6,286,616 | | Total stockholders' equity | $4,178,092 | $4,296,470 | [Non-GAAP Financial Measures and Reconciliations](index=5&type=section&id=Non-GAAP%20Financial%20Measures) The company provides non-GAAP measures such as Adjusted EBITDA, Adjusted Net Income, and Free Cash Flow, with detailed reconciliations, to offer a clearer view of operational performance by excluding specific non-cash or special items [Reconciliation of GAAP Net Income to Adjusted Net Income](index=11&type=section&id=Reconciliation%20of%20GAAP%20Net%20Income%20to%20Adjusted%20Net%20Income) For Q2 2025, GAAP net income of **$185.0 million** was adjusted for items like amortization and technology implementation, resulting in an Adjusted Net Income of **$264.3 million**, a decrease from Q2 2024 Q2 Reconciliation: GAAP Net Income to Adjusted Net Income (in millions) | Line Item | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | **GAAP net income** | **$185.0** | **$344.1** | | Amortization expense | $73.9 | $81.0 | | Technology implementation expense | $28.8 | $17.5 | | Other adjustments | $1.6 | $1.9 | | Tax-effect of adjustments | ($25.0) | ($24.1) | | **Adjusted net income** | **$264.3** | **$420.4** | [Reconciliation of GAAP Net Income to Adjusted EBITDA](index=11&type=section&id=Reconciliation%20of%20GAAP%20Net%20Income%20to%20Adjusted%20EBITDA) Adjusted EBITDA for Q2 2025 was **$506.1 million**, reconciled from GAAP net income of **$185.0 million** by adding back items such as interest, taxes, D&A, stock compensation, and technology implementation expenses, representing a decrease from Q2 2024 Q2 Reconciliation: GAAP Net Income to Adjusted EBITDA (in millions) | Line Item | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | **GAAP net income** | **$185.0** | **$344.1** | | Interest, Taxes, D&A | $300.6 | $312.8 | | Stock compensation expense | $16.2 | $16.7 | | Technology implementation expense | $28.8 | $17.5 | | Other adjustments | $5.5 | $2.8 | | **Adjusted EBITDA** | **$506.1** | **$669.7** | [Reconciliation of GAAP SG&A to Adjusted SG&A](index=12&type=section&id=Reconciliation%20of%20GAAP%20Selling%2C%20General%20%26%20Administrative%20Expenses%20to%20Adjusted%20Selling%2C%20General%20%26%20Administrative%20Expenses) GAAP SG&A of **$987.8 million** for Q2 2025 was adjusted to **$818.4 million**, with key deductions including amortization and technology implementation costs, resulting in Adjusted SG&A as **19.3%** of sales, up from the prior year Q2 Reconciliation: GAAP SG&A to Adjusted SG&A (in millions) | Line Item | Q2 2025 | Q2 2024 | | :--- | :--- | :--- | | **GAAP SG&A expense** | **$987.8** | **$973.2** | | Less: D&A, Stock Comp, etc. | ($168.6) | ($158.2) | | **Adjusted SG&A expense** | **$818.4** | **$814.6** | | Adjusted SG&A as % of sales | 19.3% | 18.3% | [Interest Reconciliation and Free Cash Flow](index=12&type=section&id=Interest%20Reconciliation) As of June 30, 2025, total net debt was **$4.64 billion** with a Q2 interest expense of **$72.3 million**, while free cash flow for the quarter was **$255.0 million**, derived from operating cash flow less net capital expenditures - As of June 30, 2025, total net debt was **$4.64 billion**, resulting in a Q2 interest expense of **$72.3 million**[44](index=44&type=chunk) Free Cash Flow Calculation (in millions) | Line Item | Q2 2025 | H1 2025 | | :--- | :--- | :--- | | Cash from Operating Activities | $341.0 | $473.4 | | Less: Capital expenditures, net | ($86.0) | ($173.3) | | **Free cash flow** | **$255.0** | **$300.1** | [Supplemental Data](index=13&type=section&id=Sales%20by%20Product%20Category) This section details Q2 2025 net sales by product category, showing Value-added products as the largest segment at **46.8%**, followed by Lumber & lumber sheet goods and Specialty building products & services [Sales by Product Category](index=13&type=section&id=Sales%20by%20Product%20Category) In Q2 2025, most product categories experienced year-over-year sales declines, with Value-added products down **8.7%** and Lumber & Lumber Sheet Goods down **4.9%**, while Specialty Building Products & Services grew **2.2%** Net Sales by Product Category (Three Months Ended June 30) | (in millions) | 2025 Net Sales | 2024 Net Sales | % Change | | :--- | :--- | :--- | :--- | | Manufactured products | $953.1 | $1,056.1 | (9.8)% | | Windows, doors & millwork | $1,030.0 | $1,114.9 | (7.6)% | | **Value-added products (Subtotal)** | **$1,983.1** | **$2,171.0** | **(8.7)%** | | Specialty building products & services | $1,117.8 | $1,093.6 | 2.2% | | Lumber & lumber sheet goods | $1,133.2 | $1,191.7 | (4.9)% | | **Total net sales** | **$4,234.1** | **$4,456.3** | **(5.0)%** |
CMS Energy(CMS) - 2025 Q2 - Quarterly Results
2025-07-31 10:59
CMS Energy (NYSE: CMS) is a Michigan-based energy provider featuring Consumers Energy as its primary business. It also owns and operates independent power generation businesses. # # # CMS Energy will hold a webcast to discuss its 2025 second quarter results and provide a business and financial outlook on Thursday, July 31 at 9:30 a.m. (EDT). To participate in the webcast, go to CMS Energy's homepage (cmsenergy.com) and select "Events and Presentations." Important information for investors about non-GAAP mea ...
Quanta Services(PWR) - 2025 Q2 - Quarterly Results
2025-07-31 10:58
Exhibit 99.1 PRESS RELEASE Raising Full-Year 2025 Outlook to Reflect Strong Second Quarter Results and the Acquisition of Dynamic Systems FOR IMMEDIATE RELEASE 25-09 | Contacts: | Jayshree Desai, CFO | Media - Noa Schwartz | | --- | --- | --- | | | Kip Rupp, CFA, IRC - Investors | FGS Global | | | Quanta Services, Inc. | (310) 405-4312 | | | (713) 629-7600 | | QUANTA SERVICES REPORTS SECOND QUARTER 2025 RESULTS Second Quarter Consolidated Revenues of $6.8 Billion* Second Quarter GAAP Diluted EPS of $1.52* a ...
Kimco Realty(KIM) - 2025 Q2 - Quarterly Results
2025-07-31 10:58
Exhibit 99.1 Kimco Realty® Announces Second Quarter 2025 Results – Increases 2025 Outlook on Solid Growth in Net Income and FFO – – Same Property NOI Increased 3.1% – "Our FFO per share growth reflects both the strength of our high-quality portfolio and our best-in-class platform and leasing team," said Kimco CEO Conor Flynn. "The modest dip in overall occupancy due to the bankruptcies of JOANN and Party City was significantly less than anticipated, further evidencing the strong tenant demand for our well-l ...
Exelon(EXC) - 2025 Q2 - Quarterly Results
2025-07-31 10:55
Exhibit 99.1 News Release Contact: James Gherardi Corporate Communications 312-394-7417 Andrew Plenge Investor Relations 779-231-0017 EXELON REPORTS SECOND QUARTER 2025 RESULTS Earnings Release Highlights CHICAGO (Jul 31, 2025) — Exelon Corporation (Nasdaq: EXC) today reported its financial results for the second quarter of 2025. "Exelon's second-quarter performance reflects our disciplined execution across all fronts," said Exelon President and Chief Executive Officer Calvin Butler. "We remain focused on d ...