Hagerty (NYSE:HGTY) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Speaker7Greetings, welcome to the Hagerty fourth quarter 2025 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note, this call is being recorded. I would now like to turn the conference over to your host today, Jay Koval, Sen ...

CRA International (NasdaqGS:CRAI) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Speaker5Good day, everyone, welcome to the Charles River Associates' fourth quarter 2025 conference call. Please note that today's call is being recorded. The company's earnings release and prepared remarks from CRA's Chief Financial Officer are posted on the investor relations section of CRA's website at crai.com. With us today are CRA's President and Chief Executive Officer, Paul Maleh, Chief Financial Officer, Eric Nier ...

(the "Company") (A joint stock company incorporated in the People's Republic of China with limited liability) WARNING The publication of this Post Hearing Information Pack is required by The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the Securities and Futures Commission (the "Commission") solely for the purpose of providing information to the public in Hong Kong. Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission t ...

The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Application Proof, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Application Proof. Application Proof of TecDo Technology Co., Limited 鈦動科技股份有限公司 (the "Company") (A joint stock company established in the People's Republi ...

FINANCIAL RESULTS Q4 2025 February 2026 1 Q4 Financial Highlights Forward-Looking Statements This presentation contains certain forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may include statements concerning the Company's plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, ...

Financial Data and Key Metrics Changes - VITAS' net revenue for Q4 2025 was $418.8 million, a 1.9% increase compared to the prior year, driven by a 1.3% increase in days of care and a 2.2% increase in Medicare reimbursement rates [12] - Adjusted EBITDA for VITAS, excluding Medicare cap, was $91.6 million, a decline of 1.7% year-over-year, with an adjusted EBITDA margin of 21.7%, down 79 basis points from the prior year [13] - Roto-Rooter revenue declined by 3.7% in Q4 2025 compared to the same period in 2024, with adjusted EBITDA at $47.5 million, a decrease of 21.1% [8][18] Business Line Data and Key Metrics Changes - VITAS admissions totaled 17,419 in Q4 2025, a 6% improvement from Q4 2024, with hospital-directed admissions increasing by 9.9% [4][23] - Roto-Rooter branch residential revenue decreased by 3.1%, while branch commercial revenue increased by 1.6% [8][14] - Water restoration revenue declined by 10.3%, attributed to increased scrutiny from insurance companies leading to higher write-offs [15][17] Market Data and Key Metrics Changes - The percentage of total admissions from hospitals in Florida was 44.8%, indicating a recovery in the patient mix post-pandemic [5] - Average revenue per patient day for VITAS was $288.01, an increase of 86 basis points from the prior year [13] - The average daily census for VITAS was 22,462 patients, a 1.3% increase, with a median length of stay of 17 days [23] Company Strategy and Development Direction - VITAS is focusing on balancing admissions between hospital-based and other pre-admission locations to improve revenue growth and EBITDA margins [6][24] - Roto-Rooter is expanding its commercial business by hiring commercial business managers, which has shown positive preliminary results [8][17] - The company plans to pursue strategic acquisitions and new start opportunities in Florida and other CON states to drive growth [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that the Florida Medicare cap issue is resolved, allowing for a return to normal growth patterns for VITAS [10][26] - Roto-Rooter is expected to face a challenging operating environment but anticipates modest growth driven by improved lead generation and billing practices [10][11] - The company expects 2026 to be a transition year for both subsidiaries, with VITAS revenue growth projected at 5.5%-6.5% and Roto-Rooter at 3%-3.5% [19][20] Other Important Information - The company repurchased 400,000 shares of Chemed stock at an average price of $436.39, funded by free cash flow from both subsidiaries [18] - The estimated Medicare cap billing limitations for 2026 are $9.5 million, significantly lower than $27.2 million in 2025 [19] Q&A Session Summary Question: What gives confidence in Roto-Rooter revenue growth in 2026 after flat revenues in 2025? - Management highlighted improvements in paid leads and a recovery in natural leads visibility, which are expected to drive revenue growth [30][34] Question: Are the long-term margin targets still achievable for Roto-Rooter? - Management indicated that achieving 24%-25% margins is still possible if Roto-Rooter can return to normalized revenue growth [42][44] Question: What is the outlook for VITAS revenue and EBITDA progression in 2026? - Management expects a return to normalized growth rates of 7%-9% as the patient mix is adjusted, with revenue growth building throughout the year [49][50]

Höttges said the group’s midterm review showed it was “on good track” for most CMD targets, but flagged two areas of underperformance: DTX service revenues (which he linked to slower growth in Germany) and indirect costs as a percentage of service revenues. He said the company was “doubling down on efficiencies” to mitigate the gap.For 2026, management guided to group EBITDA of around EUR 47.4 billion (about 6% growth), free cash flow of around EUR 19.8 billion (about EUR 3 billion foreign exchange-adjusted ...

格隆汇2月26日｜博通向Fujitsu交付一款全新客制化人工智能芯片设计，通过堆栈组件以节省能源，并 预期大型数据中心营运商将于今年稍后时间采用有关技术。公司客制化芯片部门市场营销副总裁Harish Bharadwaj表示，有关堆栈设计可在提升能源效率的同时，实现更高数据传输量。 ...

Key Takeaways Nebius' AI cloud revenue jumped 830% YoY with positive adjusted EBITDA and 24% margins.NBIS secured a $4B Q1 2026 pipeline and plans up to 1 GW of new data center capacity.Alphabet's Google Cloud grew 35.8% YoY, with AI products driving 400% revenue growth in Q4 2025.The rapid rise of artificial intelligence (AI) has transformed the cloud computing landscape, making AI enabled infrastructure a central focus for investors. Nebius Group N.V. (NBIS) and Alphabet Inc. (GOOGL) represent two distinc ...

Key Takeaways ACHR and EVTL advance eVTOL plans amid certification and market expansion efforts.ACHR pushes AI initiatives and the Serbia deal; EVTL unveils Valo and signs the Saudi MoU.EVTL shows improving EPS trends, while Archer Aviation holds a stronger liquidity position.Rising demand for cleaner and more efficient travel is supporting growth in the electric vertical takeoff and landing (eVTOL) industry, which is expected to play an important role in future urban transportation. Two key companies in th ...