Acquisition and Mergers - The company entered into a definitive agreement to be acquired by Blackstone Inc. and TPG Capital for $76.00 per share in cash, with a potential total consideration of $79.00 per share including a contingent value right[116] - The acquisition of Gynesonics was completed for a purchase price of $340.7 million, with $146.1 million allocated to intangible assets and $192.2 million to goodwill[120] - The company faces risks related to regulatory approvals, market conditions, and potential disruptions from the merger process[116] Business Segments - The company operates in four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health, focusing on women's health and well-being[108] - The Diagnostics segment includes molecular diagnostic assays and systems, with a focus on detecting STDs and other infectious diseases[109] - The Breast Health segment offers advanced breast imaging solutions, including 3D digital mammography systems and AI-based image analysis software[112] - The GYN Surgical segment features products like the MyoSure and NovaSure systems for treating uterine conditions, enhancing surgical options[113] - The Skeletal Health segment includes the Horizon DXA system for bone density evaluation, although the sale of Fluoroscan Insight FD systems will be discontinued[114] Financial Performance - Product revenues increased by $13.5 million, or 1.7%, to $831.4 million in the current quarter compared to $817.9 million in the prior year, driven by increases in GYN Surgical and Skeletal Health revenues[122] - Diagnostics product revenues decreased by $3.7 million, or 0.8%, primarily due to lower sales of SARS-CoV-2 assays and a decrease in Aptima CT/NG and HPV assays[123] - Breast Health product revenues decreased by $4.7 million, or 2.2%, mainly due to lower sales of digital mammography systems and Brevera 9 Gauge Needles, which were subject to a stop-ship[124] - GYN Surgical product revenues increased by $13.2 million, or 8.0%, primarily due to the Gynesonics acquisition, contributing $9.1 million[125] - Skeletal Health product revenues surged by $8.7 million, or 124.3%, due to increased sales volume of Horizon DXA systems[126] - Service and other revenues increased by $12.5 million, or 6.1%, to $216.4 million, driven by higher Breast Health service contract revenue[128] Expenses and Costs - Cost of product revenues increased by $20.8 million, or 6.9%, to $362.9 million, with the cost as a percentage of product revenues rising to 43.6% from 42.4%[130] - Operating expenses totaled $349.4 million, a decrease of $1.3 million, with selling and marketing expenses down by 6.7%[137] - General and administrative expenses rose by 10.5% to $127.8 million, primarily due to increased acquisition transaction expenses and compensation[139] - Research and development expenses increased slightly by 0.4% to $60.5 million, influenced by consulting spend related to quality organization and Gynesonics acquisition expenses[137] Interest and Income - Interest income decreased by $4.5 million (18.6%) to $19.7 million for the three months ended December 27, 2025, compared to $24.2 million in the prior year, primarily due to lower interest rates[142] - Interest expense increased by $2.9 million (9.5%) to $30.5 million for the three months ended December 27, 2025, compared to $27.6 million in the prior year, mainly due to a lower principal balance under the 2025 Credit Agreement[143] - Other income decreased significantly by $23.4 million to $0.6 million for the three months ended December 27, 2025, compared to $24.0 million in the prior year, primarily due to a loss from a strategic investment[144] - Provision for income taxes increased by $4.1 million (8.8%) to $50.6 million for the three months ended December 27, 2025, with an effective tax rate of 22.0% compared to 18.8% in the prior year[145] Segment Revenues and Operating Income - Total revenues in the Diagnostics segment decreased by $6.2 million (1.3%) to $464.4 million for the three months ended December 27, 2025, while operating income increased by $2.0 million (1.3%) to $157.5 million[148] - Total revenues in the Breast Health segment increased by $6.8 million (1.8%) to $375.9 million for the three months ended December 27, 2025, with operating income rising by $13.1 million (14.6%) to $102.8 million[150] - Total revenues in the GYN Surgical segment increased by $14.5 million (8.7%) to $180.8 million for the three months ended December 27, 2025, but operating income decreased by $18.1 million (30.9%) to $40.5 million[152] - Total revenues in the Skeletal Health segment increased significantly by $10.9 million (69.0%) to $26.7 million for the three months ended December 27, 2025, while operating income improved by $5.9 million[154] Debt and Liquidity - As of December 27, 2025, the company had total recorded debt outstanding of $2.51 billion, including $1.167 billion under the 2025 Credit Agreement[161] - Cash and cash equivalents increased by $208.5 million to $2,168.0 million during the first three months of fiscal 2026, primarily due to cash generated from operating activities[156] - The total principal balance of the 2028 Senior Notes is $400.0 million, maturing on February 1, 2028, with an interest rate of 4.625% per year[166] - The total principal balance of the 2029 Senior Notes is $950.0 million, maturing on February 15, 2029, with an interest rate of 3.250% per year[168] - A new stock repurchase program was authorized for up to $1.5 billion, with $937.5 million remaining unused as of December 27, 2025[169] - As of December 27, 2025, the fair value of the 2028 Senior Notes is approximately $400.0 million and the 2029 Senior Notes is approximately $938.7 million[176] - The aggregate principal outstanding under the 2025 Credit Agreement is $1.169 billion, which is subject to variable interest rates[178] - A hypothetical 10% increase in the SOFR rate would increase annual interest expense by approximately $2.5 million[178] - A hypothetical 100 basis point change in market rates would change annual interest income by approximately $19.4 million based on current cash and investment balances[179] - Future liquidity is contingent upon operating performance and may require additional capital for acquisitions or strategic transactions[172] Risk Factors - Future performance may be impacted by macroeconomic factors such as inflation and interest rates, affecting customer and supplier relationships[116] - The company is focused on maintaining compliance with evolving regulations and quality standards in its product offerings[116] - The company has executed forward foreign currency contracts to hedge a portion of operating results against currency exchange rate fluctuations[180] - The company believes that a hypothetical 10% increase or decrease in foreign currencies would not have a material adverse impact on its financial condition or results of operations[181]

Financial Outlook - Olin Corporation announced an updated outlook for Q4 2025 on January 8, 2026[6] - The press release includes financial results and operational performance metrics for the fourth quarter ended December 31, 2025[6] - Specific financial figures and percentage changes will be detailed in the attached press release (Exhibit 99.1)[7]

Exhibit 99.1 DECKERS BRANDS REPORTS THIRD QUARTER FISCAL YEAR 2026 FINANCIAL RESULTS Goleta, California (January 29, 2026) -- Deckers Brands (NYSE: DECK), a global leader in designing, marketing, and distributing innovative footwear, apparel, and accessories, today announced financial results for the third fiscal quarter ended December 31, 2025. The Company also provided an update to its financial outlook for the full fiscal year ending March 31, 2026. "Deckers produced record revenue and earnings per share ...

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 December 31, 2025 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ 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 000-25711 EXTREME NETWORKS, INC. (Exact name of registrant as specified in its charter) DELAWARE 77-0430270 [State or othe ...

For Immediate Release LPL Financial Announces Fourth Quarter and Full Year 2025 Results Fourth Quarter 2025 Key Financial Results: Key Business Results: Key Capital and Liquidity Measures: Full Year 2025 Key Financial Results: Key Business & Capital and Liquidity Results: *See the Non-GAAP Financial Measures section and the endnotes to this release for further details about these non-GAAP financial measures 1 • Net income was $301 million, translating to diluted earnings per share ("EPS") of $3.74, up 4% fr ...

Financial Performance - The company reported a significant increase in revenue, reaching $1.5 billion, representing a 20% year-over-year growth[4]. - The company provided an optimistic outlook, projecting revenue growth of 15% for the next fiscal year, targeting $1.725 billion[4]. - The company has set a performance guidance of $1.6 billion for the next quarter, reflecting a 10% increase compared to the current quarter[4]. - The company reported a consistent return on average assets of 1.8% in Q1 2023, with projections indicating growth to 2.1% in Q2 2023[21]. - NewtekOne's return on average equity was 20.2% in Q1 2023, expected to rise to 20.9% in Q2 2023[21]. - The company reported a net interest income of $22.7 million from a $300 million loan pool, which is non-GAAP defined as interest received on loans less interest paid on securitized debt[59]. - The company has experienced a consistent increase in net interest income, indicating strong operational performance[59]. - The company reported a GAAP net income of $9,650,000 for the quarter ending March 31, 2024, with an adjusted net income of $9,250,000[67]. - Total income for the quarter was $58,273,000, showing a solid revenue generation capability[67]. - Net income for the quarter ending March 31, 2023, was $18,550 million, with a return on average tangible common equity of 36.3%[65]. User Growth and Customer Engagement - User data showed a total of 5 million active users, up from 4 million in the previous quarter, indicating a 25% increase[4]. - Customer retention rates improved to 85%, up from 80% last year, showcasing enhanced user satisfaction[4]. - Customers visit their depositary source 3-5 times per week and 12-20 times per month primarily to manage money and check account balances[12]. - The company generates approximately 600 new referrals per day as a client acquisition tool[29]. - The company aims to grow deposits by offering a superior digital experience that attracts and retains business clients[33]. Strategic Initiatives and Market Expansion - The company is expanding its market presence in Europe, aiming for a 30% increase in market share by the end of the next fiscal year[4]. - A strategic acquisition of a smaller tech firm was announced, expected to enhance product offerings and drive future growth[4]. - Newtek One's mission remains unchanged since its formation in 1998, focusing on providing business and financial solutions to independent business owners in the United States[8]. - The acquisition of the National Bank of New York City enhances the company's business and financial solutions offerings to independent business clients[12]. - The company is focused on expanding its market presence and enhancing product offerings through ongoing research and development initiatives[67]. Technology and Innovation - The company emphasizes its technological advantage in banking and the use of AI to enhance service delivery[6]. - The company utilizes proprietary and patented advanced technological solutions to effectively acquire customers and manage its lending operations[10]. - The integration of AI technology is a key focus area for enhancing banking services and operational efficiency[37]. - The new offerings utilize AI to automate financial data reviews and streamline the underwriting and closing processes, enhancing efficiency[43]. - The company is focused on expanding its market presence through innovative digital applications and fully online processes for loan offerings[45]. Operational Efficiency - NewtekOne demonstrated an improving operating efficiency ratio, reaching 83% in Q1 2023, up from 76% in Q4 2022[19]. - The efficiency ratio improved to 183.1% for the quarter, showcasing better operational efficiency compared to previous periods[65]. - The efficiency ratio improved to 170.6%, showcasing better cost management compared to previous quarters[67]. - The company aims to reduce operational costs through automation and digitization[39]. - The company has automated workflows to handle growth without increasing headcount, enhancing operational efficiency[39]. Risk Management and Compliance - The company highlighted risks related to economic conditions and regulatory changes that could impact future performance[4]. - The company has built-in regulatory compliance workflows that are fully compliant with banking regulations and audit requirements[41]. - The company emphasizes that AI is not used for loan decisioning or direct conversations with applicants, ensuring compliance and risk management[43]. Financial Metrics and Shareholder Value - The company's book value per share has increased by 45% from $8.06 to $11.72 since transitioning to a financial holding company in Q1 2023[16]. - Tangible common book value per share has risen by 62% from $6.92 to $11.22 during the same period[16]. - The company has distributed $2.05 of common dividends per share over the eleven quarters since the transition[16]. - The tangible book value per common share rose to $170.199, demonstrating growth in shareholder value[65]. - The average total shareholders' equity increased to $1,287,831,000, reflecting a growth trend in shareholder value[67].

Financial Performance - Net income available to common shareholders for Q4 2025 was $19.6 million, or $0.96 per diluted share, compared to a net loss of $83.2 million in Q4 2024[2]. - For the full year 2025, net income was $73.4 million, or $3.61 per diluted share, a significant recovery from a net loss of $43.1 million in 2024[3]. - Noninterest income for Q4 2025 was $11.9 million, compared to a net loss of $91.0 million in Q4 2024, and total noninterest income for 2025 was $45.0 million, recovering from a net loss of $46.7 million in 2024[15][16]. - Earnings per share (diluted) for 2025 was $3.61, a turnaround from a loss of $2.75 in 2024[45]. - The return on average equity (annualized) increased to 12.38% in 2025, compared to a negative 8.74% in 2024[45]. - The effective tax rate improved to 18.0% in 2025 from a negative 38.9% in 2024, reflecting better tax management[45]. Loan and Deposit Growth - Total loans increased to $4.66 billion at year-end 2025, reflecting a growth of $178.7 million, or 4.0%, from December 31, 2024[5]. - Total deposits were $5.21 billion at year-end 2025, up $101.6 million, or 2.0%, from December 31, 2024, despite a seasonal decline from the previous quarter[5]. - Total loans increased to $4.66 billion at December 31, 2025, an increase of $67.4 million, or 1.5%, from September 30, 2025, and an increase of $178.7 million, or 4.0%, from December 31, 2024[23]. - Total deposits were $5.21 billion at December 31, 2025, down $151.5 million, or 2.8%, from September 30, 2025, but up $101.6 million, or 2.0%, from December 31, 2024[24]. Asset Management - Total assets were $6.27 billion at December 31, 2025, down $13.9 million from September 30, 2025, and up $157.1 million from December 31, 2024[23]. - Total assets as of December 31, 2025, were $6,274,140, a slight decrease from $6,288,052 on September 30, 2024[44]. - Average assets for 2025 were $6,214,610, compared to $6,129,430 in 2024, indicating an increase of 1.39%[50]. Capital and Equity - The Company completed a private placement of $80.0 million in subordinated notes in December 2025, enhancing its capital position and receiving a BBB- rating[5][7]. - Shareholders' equity increased to $628.9 million at December 31, 2025, compared to $621.7 million at September 30, 2025, and $569.0 million at December 31, 2024[26]. - Common book value per share was $30.89 at December 31, 2025, an increase of $0.86, or 2.9%, from September 30, 2025, and an increase of $3.41, or 12.4%, from December 31, 2024[27]. - The Total Risk-Based Capital Ratio was 14.90% at December 31, 2025, impacted by an additional $80.0 million of capital on the balance sheet[38]. Credit Quality - The allowance for credit losses on loans was 1.02% at year-end 2025, a slight decrease from 1.07% a year prior, indicating stable credit quality[5]. - Non-performing loans were $35.8 million, or 0.77% of total loans, at December 31, 2025, compared to $34.0 million, or 0.74%, at September 30, 2025[32]. - The provision for credit losses was $3.4 million in the current quarter, compared to $2.7 million in the linked quarter and $6.5 million in the prior year quarter[34]. - The allowance for credit losses to non-performing loans ratio increased to 133%, up from 116% in the previous year, indicating stronger coverage[49]. Operational Efficiency - The efficiency ratio improved to 58.13% in 2025 from 82.35% in 2024, indicating enhanced operational efficiency[46]. - The net interest margin improved to 3.53% in 2025 from 2.86% in 2024, an increase of 23.4%[47]. - The net interest rate spread improved to 2.92% in 2025 from 2.16% in 2024, an increase of 35.1%[47]. Shareholder Returns - The Company declared a common stock dividend of $0.31 per common share, reflecting an increase of $0.01, or 3.3%, over the year-ago quarter[29]. - The company declared a common dividend payout ratio of 33.97% in 2025, up from a negative 43.64% in 2024[45].

Financial Performance - KLA Corporation reported GAAP net income of $1.15 billion and revenues of $3.30 billion for Q2 FY 2026, marking a year-over-year revenue increase of 7.1%[2] - Non-GAAP net income for Q2 FY 2026 was $1.17 billion, with non-GAAP net income per diluted share at $8.85, compared to $8.20 in Q2 FY 2025, reflecting a 7.9% increase[3] - Total revenues for the first half of FY 2026 reached $6.51 billion, up from $5.92 billion in the same period last year, indicating a growth of 10.0%[10] - KLA Corporation reported a net income of $1,145,682 thousand for the three months ended December 31, 2025, a 39% increase from $824,527 thousand in the same period of 2024[11] - Total revenues for reportable segments reached $3,297,400 thousand, up 7% from $3,077,230 thousand year-over-year[12] - The Semiconductor Process Control segment generated revenues of $3,004,648 thousand, representing a 9% increase compared to $2,755,743 thousand in the prior year[12] Cash Flow and Shareholder Returns - KLA's cash flow from operating activities for the last twelve months was $4.77 billion, with free cash flow at $4.38 billion, demonstrating strong cash generation capabilities[4] - The company returned $797.4 million to shareholders in Q2 FY 2026, contributing to a total of $3.01 billion over the last twelve months[4] - Free cash flow for the three months ended December 31, 2025, was $1,262,031 thousand, a significant increase from $757,192 thousand in the same period of 2024[15] - KLA Corporation's cash and cash equivalents at the end of the period were $2,452,124 thousand, up from $1,838,278 thousand at the end of December 2024[11] - The company paid $249,654 thousand in dividends to stockholders during the three months ended December 31, 2025, an increase from $226,776 thousand in the prior year[16] - The company repurchased $547,750 thousand of common stock during the three months ended December 31, 2025, compared to $650,121 thousand in the same period of 2024[16] Future Projections - The company expects total revenues for Q3 FY 2026 to be in the range of $3.35 billion +/- $150 million, with GAAP diluted EPS projected between $8.85 and $9.63[5] - KLA Corporation expects GAAP net income per diluted share for the three months ending March 31, 2026, to be between $8.07 and $9.63[17] - The non-GAAP gross margin for the three months ending March 31, 2026, is projected to be between 60.75% and 62.75%[18] - KLA's gross margin for Q2 FY 2026 was 61.5%, with expectations for Q3 FY 2026 gross margin to be around 60.62% +/- 1.00%[4] Asset and Liability Management - KLA's total current assets increased to $11.26 billion as of December 31, 2025, compared to $10.70 billion as of June 30, 2025[9] - KLA's total liabilities decreased slightly to $11.25 billion from $11.38 billion since June 30, 2025, indicating improved financial stability[9] Non-GAAP Financial Information - The company provides non-GAAP financial information to enhance understanding of operating performance and future prospects[19] - Non-GAAP net income and free cash flow are key metrics used for budgeting and planning[19] - Acquisition-related charges include amortization of intangible assets and write-offs from abandoned R&D projects[19] - Restructuring and severance costs are included in non-GAAP adjustments, primarily related to employee severance[19] - Impairment of goodwill and intangible assets was recognized due to the deterioration of long-term forecasts for the PCB business[19] - Excluding impairment charges helps in comparing operating performance with prior periods and other companies[19] - Income tax effects of non-GAAP adjustments are included in the overall financial metrics[19] - Discrete tax items recognized include adjustments for deferred tax liabilities and benefits due to new tax legislation[19] - The company emphasizes that non-GAAP metrics may vary significantly between companies and periods[19] - Non-GAAP information is not a substitute for GAAP results and should be considered in conjunction with them[19] Strategic Positioning - The company emphasized its role as a key enabler of the AI ecosystem, benefiting from the AI infrastructure buildout across various sectors[3]

Schneider National, Inc. Announces Fourth Quarter 2025 Results Enterprise income from operations for the fourth quarter of 2025 was $36.5 million, a decrease of $5.9 million, or 14%, compared to the same quarter in 2024. Diluted earnings per share were $0.13 and $0.18 in the fourth quarter of 2025 and 2024, respectively. Adjusted diluted earnings per share were $0.13 and $0.20 in the fourth quarter of 2025 and 2024, respectively. Cash Flow and Capitalization Green Bay, Wis. - January 29, 2026 – Schneider Na ...

Financial Performance - Net income for the three months ended September 30, 2025, was $1,131 million, an increase from $1,080 million in the previous quarter[10] - Core earnings for the same period reached $1,148 million, compared to $1,077 million in the prior quarter, reflecting a growth of approximately 6.6%[10] - Total revenues for the three months ended September 30, 2025, were $7,339 million, up from $7,232 million in the previous quarter, indicating a quarter-over-quarter increase of 1.5%[10] - The diluted earnings per common share for the three months ended September 30, 2025, was $3.98, an increase from $3.77 in the prior quarter[10] - The return on common stockholders' equity (ROE) for the three months ended September 30, 2025, was 22.0%, up from 20.3% in the previous quarter[10] - The company’s net income available to common stockholders for the year ended December 31, 2025, was $3,815 million, compared to $3,090 million for the year ended December 31, 2024, reflecting a year-over-year increase of 23.4%[10] - Core earnings for the year ended December 31, 2025, were $3,845 million, up from $3,076 million in the previous year, indicating a growth of 25.0%[10] - Total revenues for the year ended December 31, 2025, reached $28,368 million, compared to $26,535 million in 2024, marking an increase of 6.9%[10] Segment Performance - Business Insurance segment net income for Q4 2025 was $897 million, compared to $708 million in Q4 2024, a growth of 26.7%[18] - Personal Insurance segment net income increased to $212 million in Q4 2025 from $154 million in Q4 2024, marking a 37.7% rise[18] - The Hartford's core earnings for the Business Insurance segment in Q4 2025 were $915 million, up from $665 million in Q4 2024, representing a 37.5% increase[18] - Net income for the Property & Casualty segment was $968 million for Q4 2025, up from $706 million in Q4 2024, representing a 37% increase[143] - Business Insurance net income reached $897 million in Q4 2025, a 27% increase from $708 million in Q4 2024[143] - Personal Insurance reported a net income of $212 million in Q4 2025, significantly up from $154 million in Q4 2024, marking a 38% increase[145] Investment Performance - Total investments increased to $63.957 billion in 2025, up from $59.210 billion in 2024, representing a growth of 6.5%[20] - The company reported a total of $10.053 billion in unearned premiums for 2025, compared to $9.408 billion in 2024, an increase of 6.9%[24] - Total net investment income for the year ended December 31, 2025, was $2,911 million, an increase from $2,568 million in the previous year[95] - The annualized investment yield before tax increased to 5.2% for the three months ended December 31, 2025, compared to 4.8% in the previous quarter[101] - Business Insurance segment reported net investment income of $562 million for the three months ended December 31, 2025, compared to $479 million in the same period of 2024, reflecting a 17.3% increase[107] Underwriting Performance - The underwriting gain for the three months ended September 30, 2025, was $193 million, significantly higher than the $107 million reported in the same quarter of 2024, indicating a year-over-year increase of 80.4%[60] - The combined ratio improved to 83.6% in Q4 2025 from 87.4% in Q4 2024, indicating enhanced underwriting performance[53] - The loss and loss adjustment expense ratio improved to 56.2% for Q4 2025, down from 61.9% in Q4 2024, indicating improved underwriting performance[150] - The underlying combined ratio for Property & Casualty improved to 56.5% in Q4 2025 from 59.0% in Q4 2024, indicating enhanced profitability[150] Operational Metrics - The company reported a total of $(441) million in prior accident year development for the year ended December 31, 2025, compared to $(231) million for the year ended December 31, 2024[51] - The total losses and loss adjustment expenses for the quarter were $2.551 billion, slightly down from $2.661 billion in the same period of 2024[35] - The total losses and loss adjustment expenses for the three months ended September 30, 2025, were $504 million, a decrease from $598 million in the previous year, reflecting a reduction of 15.7%[60] Market Strategy - The Hartford Insurance Group is focusing on market expansion and enhancing its product offerings to drive future growth[52] - The company is focused on expanding its market presence through strategic investments and product development in its various segments[119] Shareholder Metrics - Net income available to common stockholders per share for Q4 2025 was $4.05, up from $2.93 in Q4 2024, representing an increase of 38.2% year-over-year[135] - Core earnings per share for Q4 2025 reached $4.13, compared to $2.99 in Q4 2024, reflecting a year-over-year growth of 37.8%[135] - Core earnings return on equity (ROE) for the last twelve months ended September 30, 2025, was 19.4%, an increase from 16.7% for the same period in 2024[138]