Financial Data and Key Metrics Changes - Net sales from continuing operations totaled $24.7 million, down from $28 million in Q1 2024, reflecting broader market softness [4] - Adjusted EBITDA from continuing operations improved significantly, swinging from a loss of $2.7 million in the prior year to a positive $843,000 this quarter, a $3.5 million turnaround [5][21] - Gross profit nearly doubled to $4.8 million, or 19.3% of sales, compared to $2.3 million, or 8.3% last year, an expansion of over 1,100 basis points [17] Business Line Data and Key Metrics Changes - Tubular Segments generated $6.9 million in revenue, down slightly year over year, but gross margin increased from 12.3% to 24.8%, with adjusted EBITDA rising nearly five times to $1.3 million [6] - Specialty Chemicals segment revenue declined year over year to $17.8 million, but gross profit increased by $2.1 million, rising from $1.6 million to $3.7 million, a 131% improvement, with gross margin expanding from 7.6% to 21% [10] Market Data and Key Metrics Changes - Approximately 95% of revenue is supported by domestically sourced raw materials, providing a competitive advantage as tariffs loom [7] - Average daily trading volume increased to roughly 63,000 shares in Q1 2025, a 60% lift compared to Q1 2024, indicating growing market interest [14] Company Strategy and Development Direction - The company is focused on strategic repositioning, actively choosing to exit low-margin business in favor of higher value, technically demanding business [16] - The goal for the Specialty Chemicals segment is to grow from $80 million a year to $120 million by 2030, with growth expected to start in the second half of 2025 [34] Management's Comments on Operating Environment and Future Outlook - Management noted that while there has been some improvement in Q1, demand remains soft, and stabilization activities are still ongoing [30] - The company is committed to capital preservation and disciplined execution while evaluating capital deployment options post-divestiture [22] Other Important Information - The company ended the quarter with $14.3 million in cash and no debt before the divestiture of Bristol assets for $45 million, providing significant flexibility [22] - The company repurchased approximately 17,000 shares at an average price of $12.73, reinforcing confidence in intrinsic value and long-term fundamentals [22] Q&A Session Summary Question: Is the ornamental stainless domestic manufacturer a more attractive target now? - Management indicated that while there are additional looks due to tariffs, demand remains incredibly soft and has not materially changed [30] Question: Will guidance be provided for 2025? - Management stated that it is too premature to provide guidance as stabilization activities are still ongoing [32][33] Question: Is the growth plan for chemicals to reach $120 million by 2030? - Management confirmed that growth is expected to start in the second half of the year, leading to a more compelling top line in 2026 [34] Question: Can this growth be achieved with existing capacity and minimal CapEx? - Management affirmed that organic growth can be achieved with current capacity and a reasonable CapEx assumption of $1 to $3 million per year [37] Question: Is the stock still considered undervalued? - Management expressed a personal opinion that the stock is indeed undervalued at current levels [39]

VANCOUVER, British Columbia, May 12, 2025 (GLOBE NEWSWIRE) -- Finning International Inc. (TSX: FTT) (“Finning”, the “Company”, “we”, “our” or “us”) reported first quarter 2025 results today. All monetary amounts are in Canadian dollars unless otherwise stated. HIGHLIGHTSAll comparisons are to Q1 2024 results unless indicated otherwise. Q1 2025 revenue of $2.8 billion and net revenue (2) of $2.5 billion were up 9% and 7%, respectively, driven by a 7% increase in new equipment revenue and an 11% increase in p ...

HIGHLIGHTS Q1 consolidated Net Revenue of $1,092 million and strong Adjusted EBITDA both outperformed expectations. Q1 Total Segment Operating Income increased 9.7%. The Company further strengthened its available liquidity position to $805 million, increasing by 12% year-over-year. The Company reaffirmed its consolidated full year Revenue and Adjusted EBITDA guidance (subject to adjustment pending the sale of its Jack Wolfskin business).CARLSBAD, Calif., May 12, 2025 /PRNewswire/ -- Topgolf Callaway Brands ...

Operating performance in line with expectations Sale of non-core business for $5 million used to pay down debt Savings of $3 million annually through elimination of costs associated with sold non-core business, and reduction of headcount Amended agreements with existing lenders to provide additional financial flexibility Focus on performance culture, implementation of short-term initiatives, and development of long-term efficiency programs are on track THE COLONY, Texas, May 12, 2025 (GLOBE NEWSWIRE) -- Q ...

Advantage Solutions (ADV) Q1 2025 Earnings Call May 12, 2025 08:30 AM ET Company Participants Ruben Mella - VP - IRDave Peacock - Chief Executive OfficerChris Growe - CFOJoseph Vafi - Managing Director, Equity ResearchFaiza Alwy - Managing Director, US Company Research Conference Call Participants William Reuter - Analyst Operator Greetings, and welcome to the Advantage Solutions First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' rem ...

Group 1 - Indoor Group will initiate change negotiations to improve profitability, covering 84 employees in support functions [1][2] - The goal of the negotiations is to achieve a profitability improvement of approximately EUR 2 million as part of a broader operating model reform aimed at an annual operating profit increase of at least EUR 10 million by the end of 2026 [2] - Indoor Group reported an operating loss of EUR 2.5 million in the first quarter, making these profitability improvement measures necessary [3] Group 2 - KH Group operates in various business areas, including construction equipment, rescue vehicles, and furniture retail, with a strategy to create an industrial group around KH-Koneet [3] - KH Group's shares are listed on Nasdaq Helsinki, indicating its presence in the public market [3]

Creative Media & Community Trust (CMCT) Q1 2025 Earnings Call May 09, 2025 12:00 PM ET Company Participants Steve Altebrando - 1st VP Portfolio OversightDavid Thompson - Chief Executive OfficerBarry Berlin - Executive VP, CFO, Treasurer & Secretary Operator Good day, and welcome to the Creative Media and Community Trust Corporation First Quarter twenty twenty five Earnings Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please ...

Ultralife (ULBI) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Alex Villalta - Vice PresidentMichael Manna - President & CEOPhilip Fain - CFO & TreasurerJustin Mechetti - Equity Research Associate Conference Call Participants Josh Sullivan - Equity Research Analyst - Industrial Technology, Aerospace & Defense Operator Good day, and thank you for standing by. Welcome to the Ultralife Corporation First Quarter twenty twenty five Results. At this time, all participants are in listen only ...

Ultralife (ULBI) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Ultralife Corporation First Quarter twenty twenty five Results. At this time, all participants are in listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear automated message by viewing your hand is raised. To withdraw your question, pleas ...

Sanuwave Health (SNWV) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good day, everyone, and welcome to today's SANUWAVE Earnings Call. At this time, all participants are in a listen only mode. Later, you will have the opportunity to ask questions during the question and answer session. Please note today's call will be recorded and I will be standing by should you need any assistance. It is now my pleasure to turn the conference over to Chairman and CEO of SANUWAVE, Morgan Frank. Please go ahead. ...