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Intapp(INTA) - 2026 Q2 - Quarterly Results
2026-02-03 21:15
Exhibit 99.1 Intapp Announces Second Quarter Fiscal Year 2026 Financial Results PALO ALTO, Calif., February 3, 2026 – Intapp, Inc. (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, announced financial results for its fiscal second quarter ended December 31, 2025. Intapp also provided its outlook for the third quarter and the full fiscal year 2026. "I am pleased to report our strong second quarter which was supported by the addi ...
United Bancorp(UBCP) - 2025 Q4 - Annual Results
2026-02-03 21:14
Exhibit 99 PRESS RELEASE United Bancorp, Inc. 201 South 4th at Hickory Street, Martins Ferry, OH 43935 | Contacts: | Scott A. Everson | Randall M. Greenwood | | --- | --- | --- | | | Chairman, President and CEO | Senior Vice President, CFO and Treasurer | | | (740) 633-0445, ext. 6154 | (740) 633-0445, ext. 6181 | Chairman, President and CEO Senior Vice President, CFO and Treasurer ceo@unitedbancorp.com cfo@unitedbancorp.com FOR IMMEDIATE RELEASE: 11:00 a.m. February 3, 2026 United Bancorp, Inc. Reports Res ...
Match Group(MTCH) - 2025 Q4 - Annual Results
2026-02-03 21:14
Exhibit 99.2 Q4 2025 Prepared Remarks One Year In Good afternoon, and thanks for joining us. Just one year ago, I became CEO of Match Group. From day one, my focus was clear: prioritize user outcomes to rebuild trust and position Match Group to lead the next chapter of human connection. Given Tinder ® 's scale and importance, I also took direct ownership of its turnaround. To guide this work, I laid out a simple three-phase transformation. Reset the company. Revitalize the products. And drive a Resurgence w ...
BrightView(BV) - 2026 Q1 - Quarterly Results
2026-02-03 21:14
Financial Performance - Total revenue for Q1 fiscal 2026 increased by 2.6% year-over-year to $614.7 million, driven by a $36 million increase in snow removal revenue[6] - Net loss for Q1 fiscal 2026 expanded to $15.2 million, a 46.2% increase year-over-year, resulting in a net loss margin of 2.5%[5] - Adjusted EBITDA for Q1 fiscal 2026 increased by 2.7% to $53.5 million, maintaining an adjusted EBITDA margin of 8.7%[5] - Maintenance Services revenue increased by 6.6% to $436.4 million, primarily due to a 111.1% increase in snow removal revenue[8] - Development Services revenue decreased by 6.6% to $179.2 million, attributed to the timing and mix of projects[10] - Net service revenues for the three months ended December 31, 2025, were $614.7 million, an increase of 2.9% from $599.2 million in the same period of 2024[35] - Adjusted EBITDA for the three months ended December 31, 2025, was $53.5 million, slightly up from $52.1 million in the same period of 2024[39] Cash Flow and Debt - Net cash provided by operating activities decreased by 40.3% to $36.1 million compared to the prior year[13] - Adjusted Free Cash Flow for Q1 fiscal 2026 was an outflow of $15.4 million, a decrease of $19.8 million from the prior year[14] - Total financial debt as of December 31, 2025, was $881.2 million, with total net financial debt increasing to $844.2 million[16] - Total net financial debt increased to $844.2 million as of December 31, 2025, compared to $766.1 million a year earlier, reflecting a 10.2% rise[50] - The total net financial debt to adjusted EBITDA ratio was 2.4x for Q4 2025, up from 2.3x in the previous quarter[50] Assets and Liabilities - Total assets decreased from $3,392.0 million on September 30, 2025, to $3,316.3 million on December 31, 2025[33] - Cash and cash equivalents dropped from $74.5 million to $37.0 million during the same period[33] - Accounts receivable decreased from $393.1 million to $367.7 million[33] - Total liabilities decreased from $1,591.9 million to $1,554.9 million[33] - Long-term debt increased from $790.2 million to $801.1 million[33] Guidance and Projections - The company reaffirmed its fiscal year 2026 guidance, projecting total revenue between $2.670 billion and $2.730 billion[4] Stock and Earnings - The Series A Preferred Stock has a liquidation preference of $512.0 million as of December 31, 2025[33] - The company reported a basic and diluted loss per share of $0.26 for Q4 2025, compared to a loss of $0.20 per share in Q4 2024[35] - Adjusted net loss income for Q4 2025 was $(2.2) million, a significant decrease from $5.6 million in Q4 2024[44] - The net loss attributable to common stockholders for Q4 2025 was $24.2 million, compared to a net loss of $19.4 million in Q4 2024, representing a 24.5% increase in losses[37] Definitions - Adjusted EBITDA is defined as net income before interest, taxes, depreciation, and amortization, adjusted for non-cash and non-recurring items[25] - Adjusted Free Cash Flow is calculated as cash flows from operating activities less capital expenditures, net of proceeds from the sale of property and equipment[28] - Total Net Financial Debt to Adjusted EBITDA ratio is a key measure for evaluating financial performance[29]
Take-Two Interactive Software(TTWO) - 2026 Q3 - Quarterly Results
2026-02-03 21:14
Exhibit 99.1 FOR IMMEDIATE RELEASE CONTACT: (Investor Relations) (Corporate Press) Nicole Shevins Alan Lewis Senior Vice President Investor Relations & Corporate Communications Take-Two Interactive Software, Inc. Take-Two Interactive Software, Inc. (646) 536-3005 (646) 536-2983 Nicole.Shevins@take2games.com Alan.Lewis@take2games.com Head of Global Corporate Communications Take-Two Interactive Software, Inc. Reports Results for Fiscal Third Quarter 2026 Company raises fiscal year 2026 outlook Fiscal third qu ...
3M(MMM) - 2025 Q4 - Annual Report
2026-02-03 21:13
Business Segments and Operations - 3M Company operates in three business segments: Safety and Industrial, Transportation and Electronics, and Consumer[21]. - As of December 31, 2025, 3M employed approximately 60,500 people globally, with 22,500 in the United States and 38,000 internationally[22]. - The company operates 48 manufacturing facilities in the U.S. and 60 facilities internationally across 25 countries[91]. - The company derived approximately 56% of its revenues from outside the United States during 2025[43]. Financial Performance - 3M's net sales for 2025 were $24,948 million, representing a 1.5% increase compared to $24,279 million in 2024[105]. - The organic sales change for 2025 was 0.9%, while the adjusted organic sales change for 2024 was 2.1%[106]. - The operating income margin for 2025 was 18.6%, a decrease of 1.0 percentage points from 19.6% in 2024[108]. - Earnings per diluted share (EPS) for 2025 was $6.00, reflecting a 17% decrease compared to $7.26 in 2024[110]. - Corporate-level income increased year-over-year in 2025, primarily due to transition arrangement income from divested businesses related to Solventum[153]. - The adjusted operating income for the total Company in 2025 is expected to be $5,693 million, with an operating income margin of 23.4%[171]. Research and Development - 3M's research and development activities generate a steady stream of inventions, contributing to its competitive advantage in new product introductions[29][30]. - Research and development (R&D) expenses as a percentage of sales rose to 4.7% in 2025 from 4.4% in 2024, reflecting continued investment in innovation[116]. Environmental and Regulatory Compliance - The company emphasizes environmental responsibility and compliance with governmental regulations, impacting its capital expenditures and operational costs[31][32]. - The company plans to exit all PFAS manufacturing and discontinue the use of PFAS across its product portfolio by the end of 2025[51]. - The company faces risks related to the ongoing PFAS-related settlements and claims, which could materially affect its results[41]. - The company is subject to various governmental inquiries and lawsuits concerning PFAS, which could lead to additional liabilities and operational restrictions[56]. Employee and Talent Management - 3M's performance culture is built on five behavioral expectations that guide employee evaluation and development[24]. - The company invests in talent development and succession planning, ensuring leadership capabilities align with business growth[25]. - 3M's total compensation includes competitive pay and comprehensive benefits, supporting sustainable employment and financial futures for employees[27]. Financial Risks and Market Conditions - The company’s operations are subject to global competition and economic and geopolitical risks, impacting its business strategies[43]. - The company anticipates that changes in local economic conditions, such as lower growth rates in key markets, could impact product demand and profitability[43]. - The company is exposed to risks from legal proceedings related to PFAS, which could have a material adverse effect on its results[48]. - Changes in customer preferences and competitive conditions may affect demand for 3M's products, impacting revenue and profit margins[62][63]. Capital and Debt Management - The company has a credit rating of A3 from Moody's, BBB+ from S&P, and A- from Fitch, which are crucial for maintaining lower borrowing costs[75]. - The company's total debt decreased as of December 31, 2025, due to $1.8 billion in debt maturities, partially offset by $1.1 billion in new debt issuance[189]. - 3M maintains a strong liquidity profile with a $4.25 billion revolving credit facility, which was undrawn as of December 31, 2025[191]. Cybersecurity and Technology - The Company utilizes artificial intelligence technologies across various business functions, which introduces risks of inaccurate outputs and potential legal liabilities[71]. - The Company has implemented cybersecurity measures, but remains vulnerable to sophisticated cyberattacks that could disrupt operations and lead to reputational damage[84]. - 3M's cybersecurity measures are overseen by the CISO and CIDO, with no material cybersecurity incidents reported as of the date of the filing[90]. Special Items and Settlements - The Company will contribute a total of $6.0 billion between 2023 and 2029 for the Combat Arms Earplug Settlement, with over 99% of claimants participating[77]. - The Company anticipates a total special items impact of $(669) million in 2025, affecting net income and EPS[171]. - The company recognized a $0.8 billion pre-tax charge in Q4 2022 associated with the exit from PFAS manufacturing[51].
Jacobs Solutions (J) - 2026 Q1 - Quarterly Report
2026-02-03 21:13
Strategic Transformation and Growth - Jacobs reported a strategic transformation into a science-based consulting and advisory leader, focusing on digitally enabled solutions for sustainability and critical infrastructure challenges [169]. - The company launched a multi-year growth strategy called "Challenge Accepted" in February 2025, aimed at driving profitable growth and delivering scalable solutions across various sectors [170]. - Jacobs aims to leverage its data and digital capabilities to improve client operations and decision-making across the entire asset lifecycle [173]. - The company emphasizes the importance of addressing global challenges such as urbanization and infrastructure modernization through its integrated delivery model [171]. Financial Performance - Revenues for the first fiscal quarter of 2026 were $3.29 billion, an increase of $360.3 million, or 12.3%, from $2.93 billion for the corresponding period last year [192]. - Gross profit for the first fiscal quarter of 2026 was $765.3 million, an increase of $44.0 million, or 6.1%, from $721.3 million for the corresponding period last year, with gross profit margins of 23.2% and 24.6% respectively [193]. - Net earnings attributable to the Company from continuing operations for the first fiscal quarter of 2026 were $125.0 million, or $1.11 per diluted share, an increase of $142.1 million from a net loss of $(17.1) million for the corresponding period last year [189]. - Selling, general and administrative expenses for the three months ended December 26, 2025 were $532.7 million, an increase of $19.8 million, or 3.9%, from $512.8 million for the corresponding period last year [195]. - Net interest expense for the three months ended December 26, 2025 was $26.6 million, an increase of $1.5 million, or 5.8%, from $25.2 million for the corresponding periods last year [196]. - Miscellaneous income, net for the three months ended December 26, 2025 was $0.3 million, an increase of $130.4 million compared to a net expense of $(130.1) million for the corresponding period last year [197]. Segment Performance - Segment operating profit for Infrastructure & Advanced Facilities was $214.7 million, while PA Consulting reported $84.9 million, contributing to a total segment operating profit of $299.6 million [204]. - Revenues for the Infrastructure & Advanced Facilities (I&AF) segment for the three months ended December 26, 2025 were $2.9 billion, an increase of $312.6 million, or 12%, compared to $2.6 billion for the same period last year [209]. - Operating profit for the I&AF segment for the three months ended December 26, 2025 was $214.7 million, an increase of $4.5 million, or 2%, from $210.3 million for the same period last year [210]. - Revenues for the PA Consulting segment for the three months ended December 26, 2025 were $354.4 million, reflecting an increase of $47.7 million, or 16% from $306.7 million in the same period last year [212]. - Operating profit for the PA Consulting segment for the three months ended December 26, 2025 was $84.9 million, an increase of $18.2 million, or 27% from $66.7 million in the same period last year [213]. Cash Flow and Debt - Cash and cash equivalents at December 26, 2025 were $1.55 billion, an increase of $317.5 million from $1.24 billion at September 26, 2025 [222]. - Net cash provided by operating activities for the three months ended December 26, 2025 was $380.8 million, favorable by $273.3 million compared to $107.5 million in the same period last year [222]. - Net cash used for investing activities during the three months ended December 26, 2025 was $15.5 million, compared to $7.9 million in the same period last year due to higher levels of additions to property and equipment [223]. - Long-term debt as of December 26, 2025 increased by $249.6 million compared to September 26, 2025, primarily due to an increased draw on the revolving credit facility [227]. - Jacobs had $1.39 billion in outstanding borrowings under its Revolving Credit Facility and 2025 Term Loan Facility as of December 26, 2025 [243]. - Jacobs is in compliance with all debt covenants as of December 26, 2025 [236]. Acquisitions and Strategic Partnerships - The company completed a Reverse Morris Trust transaction on September 27, 2024, separating its Critical Mission Solutions and Cyber & Intelligence businesses into an independent public company named Amentum [182]. - The strategic partnership with PA Consulting enhances Jacobs' high-end advisory services, enabling integrated support across the full project lifecycle [174]. - The Company will acquire PA Consulting for an aggregate initial consideration of approximately £1.216 billion, with the transaction expected to close in the second quarter of fiscal 2026 [191]. - Jacobs will acquire PA Consulting for an initial consideration of approximately £1.216 billion, with 80% paid in cash and 20% in Jacobs' shares [234][235]. - An additional £75 million will be paid in shares or cash on the second anniversary of the transaction's closing [234]. Backlog and Future Outlook - Total backlog at December 26, 2025 was $26.3 billion, an increase from $21.8 billion at December 27, 2024, driven by growth in Advanced Manufacturing, Life Sciences, and Water markets [217]. - The PA Consulting Transaction is expected to close in the second quarter of fiscal 2026, pending regulatory approvals [234].
Amcor(AMCR) - 2026 Q2 - Quarterly Results
2026-02-03 21:12
Exhibit 99.1 Amcor Reports Solid Second Quarter Results and Reaffirms Fiscal 2026 Guidance Highlights - Three Months Ended December 31, 2025 Highlights - Fiscal First Half Ended December 31, 2025 Fiscal 2026 Guidance Reaffirmed: | (1)(2)(3) Key Financials | Three Months Ended | | Six Months Ended | | | --- | --- | --- | --- | --- | | | December 31, | | December 31, | | | GAAP results | 2024 $ | 2025 $ | 2024 $ | 2025 $ | | | million | million | million | million | | Net sales | 3,241 | 5,449 | 6,594 | 11,19 ...
BrightView(BV) - 2026 Q1 - Quarterly Report
2026-02-03 21:12
Financial Performance - Net service revenues for Q4 2025 increased to $614.7 million, up from $599.2 million in Q4 2024, representing a growth of 0.9% year-over-year[17] - Gross profit decreased to $114.3 million in Q4 2025, down from $126.8 million in Q4 2024, reflecting a decline of 9.8%[17] - The net loss for Q4 2025 was $15.2 million, compared to a net loss of $10.4 million in Q4 2024, indicating a worsening of 46.2%[17] - Basic and diluted loss per share for Q4 2025 was $0.26, compared to $0.20 in Q4 2024, an increase of 30%[17] - The company reported a comprehensive loss of $15.8 million for Q4 2025, compared to a comprehensive loss of $2.2 million in Q4 2024[20] - For the three months ended December 31, 2025, net service revenues increased to $614.7 million, up from $599.2 million in the same period of 2024, representing a growth of 2.3%[40] - The Company reported a net loss of $15.2 million for the three months ended December 31, 2025, compared to a net loss of $10.4 million in the same period of 2024[40] - Adjusted Net (Loss) Income decreased by $7.8 million to $(2.2) million for the three months ended December 31, 2025, compared to $5.6 million in the prior year[145] Assets and Liabilities - Total current assets decreased to $598.8 million as of December 31, 2025, down from $666.3 million as of September 30, 2025, a decline of 10.2%[15] - Total liabilities decreased to $1,554.9 million as of December 31, 2025, compared to $1,591.9 million as of September 30, 2025, a reduction of 2.3%[15] - Stockholders' equity decreased to $1,254.3 million as of December 31, 2025, down from $1,293.0 million as of September 30, 2025, a decline of 3%[15] - Cash and cash equivalents decreased to $37.0 million as of December 31, 2025, down from $74.5 million as of September 30, 2025, a decline of 50.3%[15] - Accounts receivable as of December 31, 2025, totaled $367.7 million, net of an allowance for doubtful accounts of $10.9 million[48] - As of December 31, 2025, net property and equipment totaled $534.4 million, a decrease from $541.6 million as of September 30, 2025[49] - Intangible assets, net, amounted to $689.3 million as of December 31, 2025, down from $715.9 million as of September 30, 2025, with accumulated amortization of $629.0 million[51] - Long-term debt, net, increased to $801.1 million as of December 31, 2025, compared to $790.2 million as of September 30, 2025[53] Revenue Segments - Landscape Maintenance revenues were $368.0 million, a decrease of 2.4% from $376.9 million in the prior year, while Snow Removal revenues increased significantly to $68.4 million from $32.4 million, reflecting a growth of 111.1%[40] - The Maintenance Services segment generated $436.4 million in net service revenues for Q4 2025, up from $409.3 million in Q4 2024, indicating a growth of approximately 6.5%[94] - The Development Services segment reported net service revenues of $179.2 million in Q4 2025, down from $191.8 million in Q4 2024, a decline of about 6.5%[94] - Maintenance Services net service revenues increased by $27.1 million, or 6.6%, to $436.4 million in Q4 2025, driven by a $36 million increase in snow removal services revenue[162] - Development Services net service revenues decreased by $12.6 million, or 6.6%, to $179.2 million in Q4 2025, attributed to the timing and mix of projects[165] Cash Flow and Expenditures - Net cash provided by operating activities for the three months ended December 31, 2025, was $36.1 million, down from $60.5 million in the prior year[40] - Capital expenditures for Q4 2025 totaled $54.7 million, a decrease from $58.7 million in Q4 2024, indicating a reduction of approximately 6.8%[94] - Net cash used by investing activities decreased by $3.5 million to $51.8 million for the three months ended December 31, 2025, from $55.3 million in the 2024 period, primarily due to a $4.0 million decrease in capital expenditures[177] - Adjusted Free Cash Flow decreased by $19.8 million to an outflow of $15.4 million for the three months ended December 31, 2025, from an inflow of $4.4 million in the 2024 period[179] Shareholder Actions - The company declared a cash dividend of $9.0 million on Series A Preferred Stock in December 2025, which was paid in January 2026[97] - The company repurchased a total of 1,067,705 shares during the three months ended December 31, 2025, at an average price of $12.64 per share[194] - The company announced an increase in its share repurchase program to authorize up to $150 million of common stock[194] Operational Initiatives - The One BrightView initiative launched in fiscal year 2024 aims to streamline operations and improve profitability through cultural changes and a focus on core service lines[118] - The company plans to pursue selective acquisitions to enhance market density and expand service offerings in strategic markets[122] - Weather conditions and seasonality significantly impact the company's landscape maintenance services, affecting revenue and operational performance throughout the year[116] Risk and Compliance - As of December 31, 2025, the company was in compliance with all debt covenants, with no events of default occurring[181] - There were no material changes to the company's market risk during the three months ended December 31, 2025[186] - There have been no material changes to the risk factors included in the Annual Report for the fiscal year ended September 30, 2025[193]
Lumentum(LITE) - 2026 Q2 - Quarterly Results
2026-02-03 21:12
NEWS RELEASE LUMENTUM ANNOUNCES SECOND QUARTER OF FISCAL YEAR 2026 FINANCIAL RESULTS San Jose, Calif., February 3, 2026 – Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal second quarter ended December 27, 2025. "Lumentum delivered a standout second quarter, with over 65 percent year-over-year revenue growth and non-GAAP operating margin expansion above 1,700 basis points," said President and CEO Michael Hurlston. "Revenue hit the high end of our guidance range, whil ...