Revenue Performance - Total revenues for Q3 2025 were $322.7 million, a slight decrease of 0.3% compared to $324.6 million in Q3 2024[15] - Contract Services revenue increased to $297.0 million in Q3 2025, up 4.6% from $284.3 million in Q3 2024[15] - The company reported a net income of $625 million, a decrease of 30% compared to the previous period[19] - Total revenue for the quarter was $8.95 billion, which is a 1.3% increase year-over-year[1] - For the nine months ended September 30, 2025, revenue was $975.229 million, an increase from $849.792 million in the same period of 2024, reflecting a growth of 14.8%[113] - The company reported a total of 1.1 million active users, which is a 10% increase from the previous quarter[1] - Total revenues for the three months ended September 30, 2025, were $296.97 million, an increase from $284.31 million in the same period of 2024, representing a growth of 4.7%[192] - The company had total revenues of $879.46 million for the nine months ended September 30, 2025, compared to $753.96 million for the same period in 2024, reflecting a year-over-year increase of 16.7%[192] Net Income and Loss - Net loss for Q3 2025 was $14.2 million, compared to a net loss of $6.2 million in Q3 2024[16] - The company reported a comprehensive loss attributable to common shareholders of $8.1 million for Q3 2025[16] - The company reported a net loss of $14,197 million for the quarter, compared to a net loss of $14,011 million in the previous quarter, indicating a slight increase in losses[20] - The company reported a net loss attributable to common shareholders of $14.011 million for the three months ended September 30, 2025, compared to a net loss of $5.648 million for the same period in 2024[116] - Net income for the nine months ended September 30, 2025, was $56,823,000, compared to $30,734,000 for the same period in 2024, representing an increase of 85.1%[23] - Net income attributable to common shareholders for the nine months ended September 30, 2025, was $55.9 million, an increase of 81.4% compared to $30.8 million in 2024[147] Assets and Liabilities - Total assets decreased to $4.37 billion as of September 30, 2025, down from $4.44 billion at the end of 2024[13] - Total liabilities increased to $3.12 billion as of September 30, 2025, compared to $3.06 billion at the end of 2024[13] - The balance sheet as of January 1 shows total assets of $1.89 billion, with liabilities of $1.30 billion[19] - Cash and cash equivalents at the end of the period decreased to $724,000 in 2025 from $7,434,000 in 2024, reflecting a decline of 90.3%[23] - The total equity balance increased to $90,176 million as of September 30, 2025, up from $89,566 million as of June 30, 2025[20] Expenses - Operating expenses for Q3 2025 totaled $258.5 million, nearly unchanged from $258.6 million in Q3 2024[15] - Interest expense increased by $2.4 million, or 4.5%, for the three months ended September 30, 2025, primarily due to interest accrued on new Senior Notes[143] - Selling, general and administrative expenses decreased by $15.1 million (12.6%) for the nine months ended September 30, 2025, mainly due to a reduction in professional fees and labor costs[155] - Depreciation and amortization for the Contract Services segment was $66.3 million for the three months ended September 30, 2025[111] Capital Expenditures - Capital expenditures for the three months ended September 30, 2025, were $102.470 million, compared to $86.533 million in the same period of 2024, representing an increase of 18.3%[112] - Growth capital expenditures were $174.3 million for the nine months ended September 30, 2025, a decrease from $182.5 million in the same period in 2024[165] - Maintenance capital expenditures for Q3 2025 were $19.765 million, slightly down from $21.553 million in Q3 2024[205] Dividends - The company paid dividends of $30,052,000, equating to $0.38 per common share during the first quarter of 2024[18] - Total dividends paid to stockholders amounted to $40,427 million, with a dividend of $0.45 per common share[20] - The Company declared dividends of $0.41, $0.45, and $0.45 per common share for Q1, Q2, and Q3 of 2025, respectively, totaling $117.03 million in dividends paid[94] Strategic Initiatives - The company is focusing on market expansion and new product development to drive future growth[19] - Future guidance indicates a projected revenue growth of 10% for the next quarter[19] - The company is exploring potential acquisitions to enhance its market position[19] - The company has initiated a stock repurchase program, with plans to buy back $270 million worth of shares[1] - The company is focusing on expanding its market presence, particularly in Asia, aiming for a 15% growth in that region over the next fiscal year[1] Research and Development - Research and development expenses increased by 15% year-over-year, reflecting a commitment to innovation[19] - The company has invested $200 million in research and development for new technologies aimed at enhancing product efficiency[1] Debt and Financing - Long-term debt increased to $2.61 billion as of September 30, 2025, compared to $2.58 billion at the end of 2024[13] - The company issued $600 million in 6.50% senior unsecured notes due 2033, with proceeds used to repay a portion of the ABL Facility[60] - The weighted average interest rate on the ABL Facility decreased to 5.94% as of September 30, 2025, from 6.80% at the end of 2024[54] - The ABL Facility was amended to reduce interest rate margins and extend the maturity date to September 2030, with $2.4 million in letters of credit outstanding as of September 30, 2025[177]

Financial Performance - Total revenues for the three months ended September 30, 2025, were $106.85 million, a 4.9% increase from $102.34 million in the same period of 2024[15] - Net income for the three months ended September 30, 2025, was $16.34 million, compared to $25.66 million in the same period of 2024, reflecting a decrease of 36.3%[15] - Net income for the nine months ended September 30, 2025, was $75,443,000, compared to $77,969,000 for the same period in 2024, reflecting a decrease of approximately 3.3%[20] - The company reported a basic net income per share of $0.77 for the three months ended September 30, 2025, down from $1.22 in the same period of 2024[15] - Segment net income for Q3 2025 was $16.3 million, down 36.4% from $25.7 million in Q3 2024[111] Revenue and Sales - Oil and natural gas sales, net, for the nine months ended September 30, 2025, totaled $294.70 million, down 4.0% from $307.11 million in the same period of 2024[15] - Total oil and natural gas sales for the three months ended September 30, 2025, were $106.852 million, compared to $102.339 million for the same period in 2024, representing a 4.9% increase[37] - Oil and natural gas sales for the nine months ended September 30, 2025, were $294.7 million, with a potential $29.5 million impact from a 10% change in realized pricing[185] Expenses and Liabilities - Lease operating expenses increased to $26.87 million for the three months ended September 30, 2025, compared to $18.53 million in the same period of 2024, representing a 45.0% increase[15] - Total liabilities increased to $624.84 million as of September 30, 2025, compared to $482.89 million at December 31, 2024, an increase of 29.4%[13] - The total interest expense for the nine months ended September 30, 2025, was $23.4 million, a decrease of 12.6% from $26.7 million in the same period of 2024[98] Assets and Equity - Total current assets rose to $79.38 million as of September 30, 2025, up from $68.13 million at December 31, 2024, marking a 16.3% increase[13] - The company’s retained earnings increased to $250.93 million as of September 30, 2025, up from $200.36 million at December 31, 2024, a growth of 25.2%[13] - Total shareholders' equity as of September 30, 2025, was $566,497,000, an increase from $507,405,000 as of September 30, 2024, representing a growth of about 11.6%[18] - Total assets as of September 30, 2025, were $1.19 billion, unchanged from the previous year[111] Cash Flow and Investments - Cash provided by operating activities for the nine months ended September 30, 2025, was $147,671,000, down from $179,896,000 in 2024, indicating a decline of approximately 17.9%[20] - The company incurred $55,230,000 in additions to oil and natural gas properties during the nine months ended September 30, 2025, compared to $76,372,000 in 2024, a decrease of about 27.7%[20] - The company made net assets acquisitions in business combinations totaling $117,827,000 during the nine months ended September 30, 2025[20] Dividends - The company declared dividends totaling $24,840,000 for the nine months ended September 30, 2025, compared to $22,839,000 in 2024, reflecting an increase of about 8.8%[20] - For the three months ended September 30, 2025, the company declared dividends totaling approximately $8.4 million, compared to $8.1 million for the same period in 2024, representing a year-over-year increase of 3.7%[101] - A cash dividend of $0.40 per share was declared on October 7, 2025, payable on November 6, 2025[121] Debt and Financing - Long-term debt increased to $347.04 million as of September 30, 2025, compared to $249.49 million at December 31, 2024, reflecting a 39.1% increase[13] - The Credit Facility outstanding borrowings increased to $225 million as of September 30, 2025, compared to $115 million as of December 31, 2024, reflecting a 95.7% increase[91] - The Company issued $200 million in senior unsecured notes at a 6% discount, with a maturity date in April 2028[92] Legal and Regulatory - The company continues to face risks related to oil and natural gas price volatility, production interruptions, and regulatory changes impacting operations[9] - The company is subject to various legal claims but does not expect any material adverse effects on its financial position[113] Acquisitions and Projects - The acquisition of Silverback Exploration II, LLC was completed for approximately $123 million, with $120 million paid in cash and $3 million for estimated earnout payments[40] - The fair value of oil and natural gas properties acquired in the Silverback Acquisition was estimated at $139.996 million[43] - The company’s total oil and natural gas properties, net, increased to $1.002617 billion as of September 30, 2025, from $860.797 million at the end of 2024, marking a 16.5% increase[51] - The company signed a long-term gas purchase agreement with a new midstream counterparty, including a monetary cap of $18.7 million for construction costs[120] Derivative Contracts - As of September 30, 2025, the net fair value of the company's derivative contracts is $10.726 million[60] - The fair value of oil and natural gas derivative contracts as of September 30, 2025, was a net asset of $11 million[185] - The company has current derivative assets of $15.656 million and non-current derivative assets of $7.429 million as of September 30, 2025[60]

Financial Performance - Net sales increased by 40% to $363.9 million, up $103.5 million compared to the same period last year[3] - Adjusted EBITDA rose by $31.2 million to $61.9 million, reflecting strong operational performance[20] - Net income for the quarter was $26.5 million, an increase of $19.6 million compared to the same quarter last year[19] - Adjusted diluted EPS doubled to $0.73, an increase of $0.38 from the prior year[23] - Gross profit increased to $119.8 million, representing a 43% increase compared to $83.5 million in the prior year[36] - Operating income surged to $51.3 million, up from $17.7 million, marking a significant increase[36] - Adjusted EBITDA for the total company was $61.9 million, an increase of 102% from $30.7 million in the same period last year[38] - Adjusted net income was $29.8 million, compared to $14.1 million in the same period last year, indicating a strong performance[41] - The company reported a diluted adjusted net income per share of $0.73, up from $0.35[41] Segment Performance - Animal Health segment net sales grew by 55% to $283.5 million, driven by high demand for MFAs, nutritional specialties, and vaccines[5] - The Animal Health segment saw net sales of $283.5 million, a 55% increase from $182.5 million[38] Guidance and Projections - The company raised its fiscal year 2026 adjusted EBITDA guidance to between $230 million and $240 million, representing a 28% growth[27] - The updated fiscal year 2026 guidance includes net sales of $1.43 billion to $1.48 billion, indicating a 12% growth[27] Cash Flow and Tax - Free cash flow for the twelve months ended September 30, 2025, was $34.3 million[24] - The effective income tax rate for the quarter was 26.9%, slightly lower than the previous year's rate of 27.5%[15] - The effective tax rate for the period was 26.9%, slightly down from 27.5% in the previous year[36] Product Development - The company announced the national launch of Restoris™, a new dental gel for dogs, enhancing its product portfolio in companion animal oral health[2]

Financial Performance - Total revenues for Q3 2025 were $45.3 million, a decrease of $20.6 million (31.3%) compared to $65.9 million in Q3 2024[5] - Operating income in Q3 2025 was $4.4 million, a decrease of $18.3 million (80.4%) compared to $22.7 million in Q3 2024[5] - Net income for Q3 2025 was $5.2 million, a decrease of $11.8 million (69.5%) compared to $17.0 million in Q3 2024[5] - Total operating revenues for Q3 2025 were $45,258, a decrease of 31.4% from $65,917 in Q3 2024[19] - Operating income for Q3 2025 was $4,448, down 80.4% from $22,708 in Q3 2024[19] - Net income for Q3 2025 was $5,205, compared to $17,048 in Q3 2024, reflecting a decline of 69.5%[19] - Non-GAAP Adjusted EBITDA for Q3 2025 was $12.8 million, a decrease of 56.4% year-over-year[7] - Adjusted EBITDA for the nine months ended September 30, 2025, was $26,643, compared to $45,863 for the same period in 2024, a decrease of 42%[23] Production and Sales - RNG production in Q3 2025 was approximately 1.4 million MMBtu, an increase of 3.8% compared to Q3 2024[7] - RINs sold in Q3 2025 totaled 12.4 million, a decrease of 3.3 million (21.2%) year-over-year[7] Guidance and Expectations - Full year RNG revenues are expected to range between $150 million and $170 million, unchanged from previous guidance[9] - Full year RNG production volumes are expected to range between 5.8 million and 6.0 million MMBtu, unchanged from previous guidance[9] - REG revenues are expected to range between $17 million and $18 million, unchanged from previous guidance[9] Assets and Liabilities - Total current assets decreased to $17,969 as of September 30, 2025, from $57,224 as of December 31, 2024[17] - Total liabilities increased to $122,580 as of September 30, 2025, from $91,598 as of December 31, 2024[17] - Cash and cash equivalents at the end of Q3 2025 were $6,766, down from $45,621 at the end of 2024[17] Capital Expenditures and Cash Flow - Capital expenditures for the nine months ended September 30, 2025, were $75,106, up from $53,334 in 2024[21] - The company reported a net cash provided by operating activities of $29,997 for the nine months ended September 30, 2025, down from $43,071 in 2024[21] Share Information - The weighted-average common shares outstanding for Q3 2025 were 143,126,354, compared to 142,410,940 in Q3 2024[19] Price Information - Average realized RIN price in Q3 2025 was $2.29, a decrease of approximately 31.4% from $3.34 in Q3 2024[5]

Financial Performance - Third quarter 2025 GAAP net income attributable to common shareholders was $640 million, or $2.35 per diluted share, compared to $456 million, or $1.70 per diluted share in Q3 2024, representing a 40.3% increase in net income [2]. - Adjusted (non-GAAP) net income for Q3 2025 was $592 million, or $2.17 per diluted share, compared to $500 million, or $1.87 per diluted share in Q3 2024, reflecting a 18.4% year-over-year increase [4]. - The nine-month GAAP net income for 2025 was $1,204 million, or $4.43 per diluted share, compared to $975 million, or $3.65 per diluted share for the same period in 2024, marking a 23.4% increase [5]. - The nine-month adjusted net income for 2025 was $1,156 million, or $4.25 per diluted share, compared to $1,030 million, or $3.86 per diluted share in 2024, reflecting a 12.2% increase [5]. - Net income attributable to Ameren common shareholders for the nine months ended September 30, 2025, was $1,204 million, compared to $975 million for the same period in 2024, reflecting a 23% increase [24]. - Earnings per common share (basic) for Q3 2025 was $2.37, up from $1.71 in Q3 2024, representing a 39% increase [24]. - Operating income for Q3 2025 was $825 million, a 41% increase from $586 million in Q3 2024 [24]. - Net income for the nine months ended September 30, 2025, was $1,208 million, compared to $979 million for the same period in 2024, reflecting a year-over-year increase of 23.4% [28]. Revenue and Sales - Total operating revenues for Q3 2025 reached $2,699 million, a 24% increase from $2,173 million in Q3 2024 [24]. - Electric revenues increased to $2,563 million in Q3 2025, up 26% from $2,035 million in Q3 2024 [24]. - Ameren Missouri's total electric revenues increased to $1,685 million in the three months ended September 30, 2025, compared to $1,324 million in 2024, marking a rise of 27.3% [31]. - Electric sales for Ameren Total reached 19,009 million kilowatt-hours in the three months ended September 30, 2025, up from 18,565 million kilowatt-hours in 2024, a growth of 2.4% [31]. - Total gas revenues for Ameren reached $136 million in the three months ended September 30, 2025, slightly down from $138 million in 2024, a decrease of 1.4% [33]. Guidance and Outlook - The 2025 GAAP diluted EPS guidance range was raised to $5.08 to $5.28, and the adjusted EPS guidance range was raised to $4.90 to $5.10, up from the previous range of $4.85 to $5.05 [9]. - The company expects 2026 diluted EPS to be in the range of $5.25 to $5.45, indicating a positive outlook for future earnings [10]. - The earnings guidance for 2025 assumes normal temperatures for the last three months of the year, which may affect the final results [11]. Expenses and Costs - Higher operations and maintenance expenses were noted due to increased energy center and tree trimming expenditures, impacting overall earnings [3]. - Total operating expenses for Q3 2025 were $1,874 million, a 18% increase from $1,587 million in Q3 2024 [24]. - Fuel and purchased power expenses rose to $768 million in Q3 2025, compared to $499 million in Q3 2024, marking a 54% increase [24]. - Interest charges for the nine months ended September 30, 2025, were $570 million, up from $492 million in the same period of 2024 [24]. Assets and Liabilities - Total assets increased to $47,416 million as of September 30, 2025, up from $44,598 million on December 31, 2024, representing a growth of 4.1% [26]. - The company's total current liabilities decreased to $2,805 million as of September 30, 2025, from $3,413 million on December 31, 2024, a reduction of 17.7% [26]. - Long-term debt increased to $19,172 million as of September 30, 2025, compared to $17,262 million on December 31, 2024, an increase of 11.1% [26]. - Shareholders' equity rose to $12,780 million as of September 30, 2025, up from $12,114 million on December 31, 2024, reflecting a growth of 5.5% [26]. - The book value per share increased to $47.25 as of September 30, 2025, compared to $44.88 on December 31, 2024, an increase of 5.3% [33]. Strategic Initiatives - The company is focused on expanding renewable energy generation and improving energy efficiency programs as part of its strategic initiatives [22]. - Ameren is actively pursuing regulatory approvals for new energy projects, including wind and solar facilities, to enhance its energy portfolio [22].

Financial Results - Atmos Energy Corporation reported its financial results for the fourth quarter and full fiscal year 2025, ending September 30, 2025[5] - The financial results announcement was made via a news release on November 5, 2025[5] Conference Call - The conference call to discuss these results is scheduled for November 6, 2025, at 10 a.m. Eastern Time[5]

Exhibit 99.1 SOURAV GHOSH Chief Financial Officer (240) 744-5267 JAIME MARCUS Investor Relations (240) 744-5117 ir@hosthotels.com Host Hotels & Resorts, Inc. Reports Results for the Third Quarter 2025 Quarterly Comparable Hotel Total RevPAR Growth of 0.8% and Comparable Hotel RevPAR Growth of 0.2% Raises Full Year Comparable Hotel RevPAR Growth Guidance to ~3.0% Over 2024 Announces Second Marriott Transformational Capital Program Completed Sale of Washington Marriott at Metro Center BETHESDA, Md; November 5 ...

Financial Performance - Kennedy Wilson reported a GAAP net loss of $21.2 million for Q3 2025, compared to a loss of $77.4 million in Q3 2024, with a diluted loss per share of $0.15[7]. - Adjusted EBITDA for Q3 2025 was $125.2 million, significantly up from $66.4 million in Q3 2024, while year-to-date adjusted EBITDA reached $370.5 million compared to $348.9 million in the previous year[7]. - Total revenue for Q3 2025 was $116.4 million, a decrease of 8.7% compared to $127.5 million in Q3 2024[27]. - The company reported a basic loss per share of $0.15 for Q3 2025, compared to a loss of $0.56 per share in Q3 2024[27]. - Net loss attributable to common shareholders for Q3 2025 was $21.2 million, compared to a net loss of $77.4 million in Q3 2024[27]. - Total revenues for the nine months ended September 30, 2025, increased to $267.2 million, up 2.4% from $260.7 million in 2024[96]. - The company reported a net loss of $68.4 million for the nine months ended September 30, 2025, compared to a loss of $109.6 million in the same period of 2024[122]. Revenue Sources - Rental revenue decreased to $87.2 million in Q3 2025 from $97.8 million in Q3 2024, representing a decline of 6.1%[27]. - Investment management fees increased to $23.4 million in Q3 2025, up 8.3% from $21.6 million in Q3 2024[27]. - Total revenues for the investment management segment increased to $85.1 million for YTD 2025, compared to $69.6 million for YTD 2024[88]. - The total revenues for the market rate portfolio in Q3 2025 were $74.1 million, a 2.1% increase from $72.5 million in Q3 2024[92]. - The total net operating income for the affordable portfolio was $20.5 million in Q3 2025, compared to $20.0 million in Q3 2024, reflecting a 2.3% increase[92]. Assets and Liabilities - Total assets as of September 30, 2025, were $6,698.2 million, down from $6,961.1 million as of December 31, 2024[24]. - Total liabilities decreased to $5,138.2 million as of September 30, 2025, from $5,325.1 million as of December 31, 2024[24]. - Cash and cash equivalents increased to $382.6 million as of September 30, 2025, from $217.5 million as of December 31, 2024[24]. - The company’s total debt, including senior notes and credit facilities, was reported at $7,383.6 million as of September 30, 2025, down from $7,507.5 million[43]. - The company has a total consolidated debt of $2,330.8 million as of September 30, 2025, with a net debt of $2,218.8 million[83]. Operational Metrics - Estimated annual NOI decreased to $434 million as of Q3 2025, down from $467 million in Q4 2024, primarily due to transaction activity and operational changes[9]. - Total Estimated Annual NOI from income-producing assets is $434.2 million, with 51% derived from consolidated assets[50]. - The average monthly rent per market-rate unit in the multifamily portfolio is $1,881, with an estimated annual NOI of $273.4 million[57]. - The average occupancy rate for the market rate portfolio was 95.1% in Q3 2025, up from 94.9% in Q3 2024[92]. - The total number of units stabilized as of September 30, 2025, was 38,492[96]. Debt and Interest Rates - Approximately 96% of the company's debt is either fixed or hedged, with a weighted average effective interest rate of 4.7%[18]. - The effective interest rate on the company's debt is 4.6%, while the contractual interest rate is 4.9%[83]. - Interest expense for Q3 2025 was $93.2 million, a decrease from $100.5 million in Q3 2024[141]. Acquisitions and Investments - Kennedy Wilson announced the acquisition of Toll Brothers' Apartment Living platform, expected to add $5 billion in AUM and expand the rental housing portfolio to over 60,000 units[7][12]. - The company completed real estate acquisitions totaling $932.0 million year-to-date 2025, with a cap rate of 5.5%[116]. - The company has 23 investments in the residential and other category, contributing to a total estimated annual NOI of $12 million[56]. Market Presence and Strategy - The company continues to focus on expanding its market presence and enhancing its portfolio through strategic acquisitions and developments[160]. - The company has exposure to both fixed and floating rate debt through its corporate debt and debt encumbering its consolidated properties[86].

Intrepid Announces Third Quarter 2025 Results Denver, CO, November 5, 2025 - Intrepid Potash, Inc. ("Intrepid", "the Company", "we", "us", or "our") (NYSE:IPI) today reported its results for the third quarter of 2025. Third Quarter Highlights & Management Commentary Full realization of first half 2025 price increases, steady demand for potash and Trio , and solid unit economics led to another quarter of strong financial results, highlighted by: ® Kevin Crutchfield, Intrepid's Chief Executive Officer, commen ...

Financial Performance - Record quarterly revenue of $409.5 million, a 35% increase over the prior quarter[4] - Net income applicable to common stockholders reached $100.6 million, or $0.15 per share, compared to $57.6 million in the prior quarter[14] - Adjusted EBITDA was $195.7 million, a 48% increase over the prior quarter[16] - Cash flow from operations totaled $148 million, with free cash flow of $90 million[2] - Revenue increased by 35% due to higher payable silver sold and increased precious metals and zinc prices[17] - Sales for the third quarter were $178.1 million, a 46% increase over the prior quarter, driven by higher realized prices and concentrate volumes sold[28] - Free cash flow reached $74.5 million, an 8% increase from the prior quarter, supported by a 53% rise in gross profit[29] - The company reported an increase in income and mining tax provision of $22.3 million, reflecting higher taxable income[17] - The company reported a gross profit margin of approximately 44% for the three months ended September 30, 2025, compared to 39.2% in the previous quarter[99] - Net income for the three months ended September 30, 2025, was $100,726,000, a significant increase from $57,705,000 in the previous quarter[101] Production and Costs - Silver production was 4.6 million ounces, a 2% increase compared to the prior quarter[4] - Total cost of sales for silver was $157.5 million, a 24% increase from the prior quarter[14] - Gold cash costs were $1,582 per ounce, with AISC at $1,746 per ounce[16] - Total production cost per ton at Greens Creek was $246.93, with a gross profit of $96.4 million[25] - Cash costs per silver ounce after by-product credits were $9.33, and AISC was $23.30, both increasing over the prior quarter due to higher production costs[35] - Total cost of sales was $81.7 million, up 39% from the prior quarter, primarily due to a 20% increase in concentrate volumes sold[28] - Total cost of sales for the nine months ended September 30, 2025, was $600,913,000, compared to $550,394,000 for the same period in 2024, showing an increase of 9.1%[99] - Total cost of sales for the three months ended September 30, 2025, was $470,000, compared to $600,000 for the same period in 2024, representing a decrease of approximately 21.67%[116] Cash Flow and Liquidity - Cash and cash equivalents at quarter end were $133.9 million, with no draw on the revolving credit facility[16] - Cash provided by operating activities was $148.0 million, nearly flat over the prior quarter, impacted by unfavorable working capital changes of $37.8 million[18] - Free cash flow decreased to $90.1 million from $103.8 million in the prior quarter, primarily due to lower cash flow from operations[19] - Net cash provided by operating activities for the nine months ended September 30, 2025, was $345,583,000, compared to $150,807,000 for the same period in 2024, reflecting a 129% increase[101] - Cash flow from operations improved by 34% to $22.1 million in Q3 2025, supported by higher silver prices and concentrate sales[42] Capital Expenditures and Investments - Capital investment remained flat at $57.9 million, with significant allocations to Lucky Friday ($16.9 million) and Keno Hill ($14.7 million)[19] - Capital investment guidance for sustaining capital was lowered to $45-$47 million, with growth capital guidance reduced to $2-$5 million[29] - The company invested $8.8 million in exploration activities during Q3 2025, focusing on high-impact discovery drilling and resource expansion[58] - Total capital expenditure guidance remains unchanged at $222 to $242 million for 2025[75] Guidance and Future Outlook - Silver production guidance for 2025 at Greens Creek was tightened to 8.4-8.8 million ounces, and gold production guidance was adjusted to 53.0-55.0 thousand ounces[29] - Silver production guidance for 2025 has been tightened to 2.9-3.1 million ounces, up from the previous guidance of 2.7-3.1 million ounces[43] - Gold production guidance for 2025 has been tightened to 92,000-95,000 ounces, up from the previous guidance of 90,000-95,000 ounces[54] - The company expects to maintain its current production levels and operational plans without significant revisions due to external risks[93] - Future guidance indicates a focus on cost reduction strategies and operational efficiencies to improve overall profitability[114] Exploration and Development - Greens Creek received authorization for future expansion activities, with construction anticipated to begin in Q4 2025[9] - The company is focusing on expanding its drilling program to enhance resource definition and increase production potential[135] - The exploration strategy includes targeting high-grade zones to optimize resource extraction and improve overall project economics[135] - The company plans to continue its drilling efforts in the upcoming quarters to further assess the potential of identified zones[135] Shareholder Returns - The Board of Directors declared a quarterly cash dividend of $0.00375 per share, payable on or about December 8, 2025[66] - The adjusted net income applicable to common stockholders is a key performance indicator, excluding certain impacts not reflective of underlying performance[127] - Basic adjusted net income per common stock for Q3 2025 was 0.12 cents, compared to 0.08 cents in Q2 2025[128] Debt and Leverage - Net leverage ratio improved to 0.3x from 0.7x in the prior quarter, reflecting substantial deleveraging[7] - Adjusted EBITDA for Q3 2025 is $195,695, with a total debt of $277,746 and net debt of $143,836, resulting in a net debt to LTM adjusted EBITDA ratio of 0.3[125] - The company incurred $13,405 in interest expenses for Q3 2025, up from $11,099 in Q2 2025[125]