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InnovAge (INNV) - 2026 Q2 - Quarterly Results
2026-02-03 21:06
Exhibit 99.1 INNOVAGE ANNOUNCES FINANCIAL RESULTS FOR THE FISCAL SECOND QUARTER ENDED DECEMBER 31, 2025 DENVER, CO., February 3, 2026 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge" or the "Company") (Nasdaq: INNV), an industry leader in providing comprehensive healthcare programs to frail, predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced financial results for its fiscal second quarter ended December 31, 2025. Full Fiscal Year 2026 ...
H&R Block(HRB) - 2026 Q2 - Quarterly Results
2026-02-03 21:06
Exhibit 99.1 News Release For Immediate Release: February 3, 2026 H&R Block Reports Fiscal 2026 Second Quarter Results — Revenue Increased 11% — — Reaffirms Full Year Outlook — KANSAS CITY, Mo. - H&R Block, Inc. (NYSE: HRB) (the "Company") today released financial results for its fiscal 2026 second quarter ended December 31, 2025. 1 "Across the business, we've made tangible improvements this season, whether receiving assistance from a tax professional or filing using our award-winning online tax product," s ...
Transcat(TRNS) - 2026 Q3 - Quarterly Results
2026-02-03 21:06
Exhibit 99.1 NEWS RELEASE Transcat, Inc. 35 Vantage Point Drive • Rochester • NY • 14624 • Phone: (585) 352-7777 Transcat Reports Strong Fiscal Third Quarter 2026 Financial Results with a Return to High Single-Digit Service Organic Revenue Growth* ROCHESTER, NY, February 3, 2026 – Transcat, Inc. (Nasdaq: TRNS) ("Transcat" or the "Company"), a leader in test measurement, control and calibration, has reported its financial and operational results for its fiscal third quarter ended December 27, 2025 (the "thir ...
IAC(IAC) - 2025 Q4 - Annual Results
2026-02-03 21:06
Revenue Performance - Q4 2025 revenue decreased by 10% to $646.0 million compared to $721.4 million in Q4 2024[3] - For the twelve months ended December 31, 2025, IAC reported total revenue of $2,393.2 million, a decrease of 8.7% from $2,622.1 million in 2024[36] - In Q4 2025, total revenue was $511.8 million, down 2% from $522.1 million in Q4 2024[30] - Care.com revenue decreased by 9% to $86 million, primarily due to a decline in Enterprise[7] - Digital revenue in Q4 2025 increased by 14% to $354.8 million compared to $310.6 million in Q4 2024[30] - Advertising revenue grew by 9% to $209.9 million in Q4 2025, up from $191.8 million in Q4 2024[30] Profitability and Loss - IAC's net loss improved by 61% to $76.8 million from a loss of $199.0 million in Q4 2024[3] - The net loss attributable to IAC shareholders for the year was $104.0 million, compared to a loss of $539.9 million in 2024[36] - Basic loss per share for the year was $1.46, compared to $6.89 in 2024[36] - Net loss attributable to continuing operations for 2025 was $116.8 million, compared to a loss of $573.2 million in 2024, representing a significant improvement[38] Cash Flow and Financial Position - Free Cash Flow decreased by $132.6 million to $44.8 million for the twelve months ended December 31, 2025[21] - Cash and cash equivalents at the end of the period decreased to $986.8 million from $1,807.3 million, a decline of approximately 45.5%[38] - IAC's long-term debt stood at $1.4 billion, with a weighted average maturity of 6.0 years and a borrowing cost of 7.1%[28] - Total current liabilities decreased from $886.2 million in 2024 to $560.9 million in 2025, a reduction of approximately 36.7%[37] Adjusted EBITDA - Adjusted EBITDA for Q4 2025 increased by 29% to $141.6 million compared to $109.9 million in Q4 2024[3] - For the three months ended December 31, 2025, total Adjusted EBITDA was $141.6 million, compared to $109.9 million for the same period in 2024, representing a 28.9% increase[44] - For the twelve months ended December 31, 2025, total Adjusted EBITDA was $273.0 million, compared to $231.8 million for the same period in 2024, marking an increase of 17.7%[45] - The Digital segment's Adjusted EBITDA for the twelve months ended December 31, 2025, was $307.2 million, up from $289.4 million in 2024, which is a growth of 6.1%[45] - Care.com reported an Adjusted EBITDA of $18.6 million for the three months ended December 31, 2025, compared to $7.9 million in the same period of 2024, indicating a significant increase of 135.4%[44] - The Corporate segment reported an Adjusted EBITDA loss of $113.4 million for the twelve months ended December 31, 2025, compared to a loss of $90.3 million in 2024, indicating a deterioration of 25.6%[45] Strategic Initiatives and Outlook - The company expects total adjusted EBITDA for FY 2026 to be between $260 million and $335 million, with People Inc. contributing $310 million to $340 million[40] - Care.com is projected to return to revenue growth in 2026, indicating a positive outlook for this segment[41] - Corporate expenses are expected to exceed Print Adjusted EBITDA by $15 million due to estimated Google litigation expenses[41] - The company will no longer provide quarterly earnings guidance, focusing instead on long-term strategic priorities[39] Investments and Share Repurchase - IAC repurchased 1.0 million shares for $37 million in Q4 2025, totaling 8.2 million shares repurchased for $337 million over the past year[7] - The company repurchased 1.0 million common shares for $37.0 million between November 1, 2025, and February 2, 2026[26] - IAC's investment in MGM now totals 65.8 million shares, valued at $2.2 billion as of February 2, 2026[17] Challenges and Risks - IAC's future financial performance and business prospects are subject to various risks, including competition from AI technology and unstable market conditions[66] - The company faces challenges related to advertising spending levels and consumer confidence[66] - IAC's ability to market its products effectively and maintain relationships with key partners is critical for its success[66] - The company is committed to protecting user data and ensuring the integrity of its systems against cyber threats[66] Company Overview - IAC is focused on building companies and has evolved into 10 independent, publicly traded companies over nearly three decades[67] - The company holds strategic equity positions in MGM Resorts International and Turo Inc[67] - IAC emphasizes financially-disciplined opportunism as a core principle in its operations[67] - The company is guided by curiosity and a desire to invent or acquire new products and brands[67] - IAC's businesses include category leaders such as People Inc. and Care.com[67] - The company is headquartered in New York City[67]
Cirrus Logic(CRUS) - 2026 Q3 - Quarterly Report
2026-02-03 21:06
FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 2025 ☐ 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 0-17795 CIRRUS LOGIC, INC. (Exact name of registrant as specified in its charter) | Delaware | | | 77-0024818 | | --- | --- | --- | - ...
Transcat(TRNS) - 2026 Q3 - Quarterly Report
2026-02-03 21:06
Table of Contents ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: December 27, 2025 or For the transition period from to Commission File Number: 000-03905 TRANSCAT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction ...
Mega Fortune Company Limited(MGRT) - 2025 Q4 - Annual Report
2026-02-03 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report ________ For the transition period from __________ to __________ Commission file number 001-42751 Mega Fortune Company Limited OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 30, 2025 OR ☐ TRANSITIONAL REP ...
Aytu BioPharma(AYTU) - 2026 Q2 - Quarterly Results
2026-02-03 21:05
Exhibit 99.1 Aytu BioPharma Reports Fiscal 2026 Second Quarter Operational and Financial Results Total net revenue of $15.2 million Adjusted EBITDA1 of $(0.8) million, which includes EXXUA launch investments $30.0 million cash balance at December 31, 2025 Company launched EXXUA™ (gepirone) extended-release tablets ("EXXUA") in December 2025 as the centerpiece of its commercial efforts as it enters the over $22 billion United States prescription major depressive disorder ("MDD") market Company to host confer ...
Emerson(EMR) - 2026 Q1 - Quarterly Results
2026-02-03 21:05
Emerson Reports First Quarter 2026 Results; Updates 2026 Outlook ST. LOUIS (February 3, 2026) - Emerson (NYSE: EMR) today reported results for its first quarter ended December 31, 2025 and updated its full year outlook for fiscal 2026. Emerson also declared a quarterly cash dividend of $0.555 per share of common stock payable March 10, 2026 to stockholders of record on February 13, 2026. | (dollars in millions, except per share) | 2025 Q1 | 2026 Q1 | Change | | --- | --- | --- | --- | | 1 Underlying Orders ...
Gladstone Investment(GAIN) - 2026 Q3 - Quarterly Report
2026-02-03 21:05
Investment Portfolio - As of December 31, 2025, the investment portfolio consisted of 71.0% in debt investments and 29.0% in equity investments, at cost[166]. - From inception through December 31, 2025, the company has invested approximately $2.2 billion in 66 companies, excluding syndicated loans[171]. - As of December 31, 2025, the company had equity investments in 29 portfolio companies with a total cost basis of $1.1 billion, up from 26 companies with a cost basis of $1.0 billion in 2024[222]. - The total investment portfolio at fair value increased to $1,222.8 million as of December 31, 2025, up from $1,072.2 million in 2024, representing a growth of approximately 14%[223]. - The entire investment portfolio was fair valued at 115.5% of cost as of December 31, 2025[200]. Financial Performance - The company generated $353.4 million in net realized gains and $45.4 million in other income from exiting 33 portfolio companies, totaling an increase of $398.8 million to net assets[173]. - Total investment income for the three months ended December 31, 2025, increased by $3.7 million, or 17.3%, to $25.1 million compared to the prior year[182]. - Interest income rose by $2.3 million, or 11.2%, to $22.8 million for the same period, driven by an increase in the weighted-average principal balance of the interest-bearing investment portfolio[183]. - Net investment loss income was $(6.5) million for the three months ended December 31, 2025, a decrease of $7.7 million compared to the prior year[181]. - Net unrealized appreciation increased by $32.9 million, or 88.1%, to $70.2 million for the three months ended December 31, 2025[181]. - Total investment income increased by $7.8 million, or 11.8%, for the nine months ended December 31, 2025, compared to the prior year period[202]. - Net investment income decreased by $14.0 million, or 67.1%, for the nine months ended December 31, 2025[201]. - The net increase in net assets resulting from operations was $102.4 million for the nine months ended December 31, 2025, compared to $47.4 million in the prior year[201]. Expenses and Fees - Total expenses, net of credits from the Adviser, increased by $11.4 million, or 56.2%, to $31.6 million for the three months ended December 31, 2025[189]. - The capital gains-based incentive fee for the three months ended December 31, 2025, was $14.7 million, compared to $7.5 million in the prior year[190]. - Total expenses, net of credits from the Adviser, increased by $21.8 million, or 48.1%, during the nine months ended December 31, 2025[208]. - Interest expense rose by $8.4 million, or 43.4%, during the nine months ended December 31, 2025, primarily due to new debt issuances and increased borrowings[210]. - The capital gains-based incentive fee for the nine months ended December 31, 2025, was $19.4 million, up from $5.3 million in the same period of 2024[209]. Debt and Financing - The company issued the 6.875% 2028 Notes for gross proceeds of $60.0 million and sold 2,984,586 shares of common stock for approximately $42.1 million during the nine months ended December 31, 2025[174]. - The company completed a public offering of the 5.00% 2026 Notes with an aggregate principal amount of $127.9 million, resulting in net proceeds of approximately $123.8 million after costs[241]. - The 4.875% 2028 Notes had an aggregate principal amount of $134.6 million, yielding net proceeds of approximately $131.3 million after costs[244]. - The 8.00% 2028 Notes were issued with an aggregate principal amount of $74.8 million, with a loss on extinguishment of debt recorded at $1.3 million[247]. - The 7.875% 2030 Notes had an aggregate principal amount of $126.5 million, resulting in net proceeds of approximately $122.4 million after costs[248]. - As of December 31, 2025, the company had $128.6 million of borrowings outstanding under its Credit Facility, with a maximum facility size of $300.0 million[236][238]. - The company anticipates issuing equity securities to obtain additional capital in the future, with a closing market price of $13.97 per share as of December 31, 2025, representing a 6.6% discount to its NAV per share of $14.95[235]. Risk Management - The company is exposed to interest rate risk due to borrowing for investments, with net investment income dependent on the difference between borrowing rates and investment rates[265]. - The company has no fixed-rate loans in its portfolio as of December 31, 2025, indicating a complete reliance on variable-rate loans[266]. - The company targets approximately 90% of its loan portfolio to be at variable rates, with all variable-rate loans linked to the current 30-day SOFR rate as of March 31, 2025[266]. - A hypothetical analysis indicates that a 150 basis point increase in interest rates could result in a net increase of $4.494 million in net assets from operations[268]. - The company may use interest rate risk management techniques, including hedging activities, to limit exposure to interest rate fluctuations[265]. - Risks associated with foreign operations include fluctuations in foreign currency exchange rates and potential tariffs, affecting some portfolio companies[269]. Cash Distributions - The company declared a total cash distribution of $0.24 per common share for the quarter ending March 31, 2026[179]. - The company declared monthly cash distributions of $0.08 per common share for nine months from April to December 2025, along with a supplemental distribution of $0.54 per common share in June 2025[226]. - The company has a policy to distribute up to 100% of its Investment Company Taxable Income to stockholders[262]. - The company intends to maintain its qualification as a RIC under Subchapter M of the Code, which requires distributing at least 90% of its Investment Company Taxable Income to stockholders[262].