Financial Data and Key Metrics Changes - Revenue for the fiscal third quarter was $1,018 million, meeting guidance, with a sequential increase observed [5][6] - Non-GAAP operating margin was 6%, increasing by 30 basis points sequentially, achieving the goal of 6% or greater for three of the last four quarters [6][25] - Non-GAAP EPS was $1.9, exceeding guidance due to strong operating performance and lower interest expense [7][25] - Free cash flow for the quarter was $13.2 million, significantly better than expectations, contributing to a projected $100 million for fiscal 2025 [7][27] Business Line Data and Key Metrics Changes - Aerospace and Defense sector revenue increased by 6% sequentially, with new program ramps contributing to performance [16] - Healthcare Life Sciences sector revenue was up 2% sequentially, below expectations due to a customer design update causing temporary delays [18] - Industrial sector revenue increased by 4% sequentially, with strong demand in broadband communications and energy markets [20] Market Data and Key Metrics Changes - The funnel of qualified manufacturing opportunities increased by 4% sequentially to $3.6 billion, indicating robust growth prospects [22] - The company observed early signs of increasing activity in the European defense sector, which is expected to contribute positively moving forward [6][18] Company Strategy and Development Direction - The company is focused on enabling customer success and driving operational efficiency, which is expected to sustain strong financial performance [14] - Strategic investments are aimed at creating long-term shareholder value through improved profitability and free cash flow [5][14] - The company anticipates healthy year-over-year revenue growth across all market sectors for fiscal 2026, without assuming improvements in end market demand [13][14] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing strength in new program wins and opportunities to gain market share, despite uncertainties from tariffs and evolving program ramp timelines [6][12] - The outlook for fiscal fourth quarter includes expected revenue growth and strong financial performance, with guidance for revenue between $1,025 million and $1,065 million [13][30] - Management expressed optimism about the defense sector, particularly in Europe, and the potential for increased demand in fiscal 2026 [18][84] Other Important Information - The company has been recognized as a top workplace and has received accolades for its commitment to sustainability and community engagement [10][11] - The company has reduced total debt by over $200 million since last year's fiscal third quarter, maintaining a strong balance sheet [31] Q&A Session Summary Question: Can you provide more color on the semi cap pushouts? - Management clarified that the pushouts are specific to certain programs and do not indicate perishable demand, with Q4 buoyed by new program ramps in the semi cap subsector [36][37] Question: What is the outlook for the aerospace and defense side? - Management noted that while there is still no pull from Boeing or Airbus, strong demand is observed in defense and space subsectors, with expectations for future increases [38][39] Question: What is the guidance for the industrial business? - Management indicated that semi cap is a significant part of the industrial business, with a forecast of low double-digit growth for fiscal 2025, down from mid-teens previously [45] Question: What are the expectations for the new facility in Malaysia? - Management expects minimal drag from startup expenses and anticipates a quick ramp to profitability, focusing initially on semi cap and healthcare sectors [47][51] Question: How is the engineering solutions segment performing? - Management highlighted that engineering solutions are a significant differentiator, contributing over $100 million in revenue, with strong growth and profitability expected [58][60] Question: What is the impact of tariffs on demand? - Management reported limited changes due to tariffs, with most customers in a wait-and-see mode, and noted strong compliance efforts in their Mexico operations [68] Question: What are the expectations for cash cycle days? - Management guided for cash cycle days to improve to the mid-60s, with ongoing efforts to reduce inventory days [70]

Shenzhen, China, July 24, 2025 (GLOBE NEWSWIRE) -- On July 21, LexinFintech Holdings Ltd. (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, announced a share repurchase program. Specifically, the board of directors authorized the company to repurchase no more than US$50 million worth of its own shares over the next 12 months; meanwhile, CEO Xiao Wenjie plans to use his personal funds to purchase no more than US$10 million worth of the ADSs to increase his holdings of ...

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was reported at $458.5 million, an increase of 7.6% year-over-year [12] - Cash flow from operations was reported at $28.8 million, with an adjusted figure of $8.5 million after accounting for a $20.3 million increase in payroll accrual [14] - The company raised its 2025 cash flow from operations forecast from $60 million to a range of $70 million to $85 million [7][14] Business Line Data and Key Metrics Changes - Segment revenues for Environmental Services were reported at $205.8 million, while Dietary Services revenues were $252.7 million [12] - Segment margins for Environmental Services were reported at 0.8%, impacted by a $20.3 million non-cash charge related to Genesis restructuring [13] - Dietary Services reported a segment margin of negative 10.1%, including a $40.9 million non-cash charge related to Genesis restructuring [13] Market Data and Key Metrics Changes - The company noted steady occupancy rates and increasing workforce availability in the industry [8] - The recent industry operating trends remain positive, with a stable reimbursement environment [8] Company Strategy and Development Direction - The company’s top three strategic priorities include driving growth through management development, managing costs through operational execution, and optimizing cash flow [10] - A $50 million share repurchase plan was announced to return capital to shareholders [11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the overall business environment, citing a multi-decade demographic tailwind benefiting the long-term and post-acute care system [7][10] - The company reiterated its mid-single-digit growth expectations for 2025 despite the challenges posed by Genesis restructuring [7][32] Other Important Information - Genesis Healthcare filed for Chapter 11 bankruptcy, but the company maintained its contractual relationship without disruption [5][6] - The company expects to manage SG&A expenses in the 9.5% to 10.5% range in the near term, with a long-term goal of 8.5% to 9.5% [13] Q&A Session Summary Question: Clarification on Genesis situation and recovery expectations - Management confirmed that after Q3, all exposure to Genesis will be effectively reserved, but it is still early to speculate on recovery outcomes [20][21] Question: Insights on growth and retention rates - Management highlighted that Q2 marked the fifth consecutive revenue increase, driven by new business wins and a 90% client retention rate [22][24] Question: Update on food inflation and cost management - Management stated that they have the ability to pass through food cost increases to clients and are actively managing inflation impacts [26][27] Question: Guidance for revenue growth and risks - Management reiterated mid-single-digit growth guidance due to the variability of new business ads, despite current trends suggesting higher growth [31][32] Question: Long-term outlook on Medicaid and state budgets - Management remains optimistic about industry fundamentals and demographic trends, despite potential pressures on Medicaid growth in certain states [40][41] Question: Cross-selling opportunities between Dining and Environmental Services - Management noted that cross-selling opportunities are strong, with a preference to initiate services with Environmental Services first [52][54] Question: Educational segment outlook - Management reported positive early returns in the educational segment, which remains a small but growing part of the business [56]

Financial Data and Key Metrics Changes - For Q2 2025, the company achieved 8% adjusted and organic revenue growth and 16% adjusted EPS growth, with an adjusted operating margin of 39.6%, an increase of 120 basis points year-over-year [5][33] - Free cash flow for the quarter was $1,200,000,000, with expectations of approximately $5,500,000,000 for the full year [34][35] - The company refined its full-year organic revenue growth guidance to approximately 10%, at the low end of the previous range of 10% to 12% [7][46] Business Line Data and Key Metrics Changes - In the Merchant Solutions segment, organic revenue growth was 9% for both the quarter and year-to-date, with Clover revenue growing 30% in Q2 [35][39] - The Financial Solutions segment saw organic revenue growth of 7% in the quarter, driven by strong growth in issuing and digital payments [40][42] - Clover's volume growth was reported at 8%, with an adjusted growth of 11% excluding the gateway conversion [10][36] Market Data and Key Metrics Changes - The company reported a significant increase in Clover's value-added services (VAS) revenue, which grew 52% [11] - The international expansion of Clover is progressing well, particularly in Brazil, Mexico, and Canada, with new partnerships enhancing market penetration [12][13] Company Strategy and Development Direction - The company is focused on expanding its Clover platform through new products, markets, and partnerships, aiming to enhance its distribution channels and drive growth [9][20] - Strategic initiatives include the launch of Clover Hospitality and partnerships with TD Bank and Adobe to enhance service offerings [14][21] - The company is also investing in its digital payment solutions and cash flow management tools to meet evolving customer needs [30][31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capturing strategic and financial benefits from new product launches, despite some delays in execution [6][7] - The macroeconomic environment has been uncertain, impacting the timing of product rollouts and client implementations [78][79] - The company anticipates an acceleration in organic revenue growth in the second half of the year, particularly in the Merchant Solutions segment [46] Other Important Information - The company returned $2,200,000,000 to shareholders through share repurchases in the quarter, increasing its share repurchase guidance to approximately 130% of free cash flow [5][44] - Total debt outstanding was $29,600,000,000, with a debt to adjusted EBITDA ratio steady at 2.9 times [43][44] Q&A Session Summary Question: Insights on Clover Capital penetration - Management acknowledged that Clover Capital is underpenetrated compared to peers and discussed ongoing efforts to unlock total addressable market (TAM) through operational refinements and risk management strategies [49][52] Question: Changes in merchant growth rate expectations - Management clarified that the refinement in growth expectations is due to a combination of slower product rollouts and macroeconomic factors, not a decline in product quality [58][60] Question: Details on merchant operating margins - Management explained that the decline in merchant margins was anticipated due to acquisitions and investments in marketing and product development, which are expected to yield long-term benefits [85][88] Question: Acceleration in growth rates for the second half - Management indicated that the expected acceleration in growth rates is supported by easier year-over-year comparisons and continued expansion of Clover and Commerce Hub [91][94]

Tenet Healthcare (THC) Q2 2025 Earnings Call July 22, 2025 10:00 AM ET Company ParticipantsWilliam McDowell - VP - IRSaum Sutaria - Chairman & CEOSun Park - EVP & CFOA.J. Rice - Managing DirectorJoshua Raskin - Partner - Managed Care & ProvidersAndrew Mok - DirectorBen Hendrix - Vice PresidentWhit Mayo - Senior Managing DirectorBenjamin Rossi - Equity Research AssociateJohn Ransom - MD & Director - Healthcare ResearchConference Call ParticipantsMatthew Gillmor - Director & Equity Research AnalystJustin Lake ...

LAVAL, QC, July 21, 2025 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche‑Tard") (TSX: ATD) announced today that the Toronto Stock Exchange ("TSX") has approved the share repurchase program (the "Program"), authorizing Couche‑Tard to repurchase up to 77,115,921 Common Shares (the "Shares"), representing 10% of the 771,159,210 Shares comprising Couche-Tard's "public float" (as such term is defined in the TSX Company Manual) as at July 14, 2025. Based on the current share price the completion of the Prog ...

Core Viewpoint - LexinFintech Holdings Ltd. has announced a share repurchase program authorizing the purchase of up to US$50 million of its shares over the next twelve months, reflecting confidence in its business fundamentals and growth opportunities [1][4]. Share Repurchase Program - The share repurchase may occur through various means including open market transactions, privately negotiated transactions, and block trades, depending on market conditions [2]. - The program will be subject to Securities and Exchange Commission rules and will be reviewed periodically by the board of directors, who may adjust its terms or suspend it [2]. Executive Participation - Mr. Jay Wenjie Xiao, Chairman and CEO, plans to use personal funds to purchase up to US$10 million worth of the Company's American depository shares within the next twelve months [3]. - Mr. Xiao's share purchases will also be conducted through various permissible means and will be independent of the Company’s decisions [3]. Company Overview - Lexin is a leading technology-empowered personal financial service enabler in China, focusing on making financing accessible for young consumers through a unique model that combines online and offline channels, big data, and AI-driven credit risk management [4].

Core Viewpoint - Siili Solutions Plc has successfully completed its share repurchase programme aimed at acquiring shares to meet obligations from long-term share-based incentive schemes [1][2]. Group 1: Share Repurchase Programme Details - The share repurchase programme was announced on 26 May 2025 and commenced on 2 June 2025, concluding on 17 July 2025 [1][2]. - A total of 31,000 shares were repurchased, which is approximately 0.38 percent of the company's total shares, at an average price of EUR 6.38, resulting in a total expenditure of approximately EUR 197,809 [2]. - After the completion of the programme, Siili Solutions holds a total of 31,698 own shares, representing approximately 0.39 percent of the total number of shares in the company [3]. Group 2: Company Overview - Siili Solutions Plc specializes in AI-powered digital development and serves as a partner for clients seeking growth and competitive advantage through digital transformation [4]. - The company operates primarily in Finland, the Netherlands, the United Kingdom, and Germany, and has shown profitable growth since its establishment in 2005 [4].

Siili Solutions Plc Announcement 17.7.2025 Siili Solutions Plc: Share Repurchase 17.7.2025 In the Helsinki Stock Exchange Trade date 17.7.2025 Bourse trade Buy Share SIILI Amount 720SharesAverage price/ share 6,7000EURTotal cost 4 824,00EUR Siili Solutions Plc now holds a total of 31 698 shares<td colspan="2" st ...

Core Viewpoint - Gentex Corporation has authorized an additional share repurchase of up to 40 million shares, representing over 18% of its outstanding shares as of June 30, 2025, reflecting confidence in long-term growth and disciplined capital deployment [1][2][3] Group 1: Share Repurchase Program - The new share repurchase authorization is in addition to the existing program [2] - The repurchase program allows for flexibility in timing and amount based on macroeconomic conditions and market dynamics [3] Group 2: Capital Allocation Strategy - The company's capital allocation priorities include manufacturing investments, dividends, new technology creation, accretive acquisitions, and share repurchases aimed at long-term growth and value creation [3] - The CEO emphasized the commitment to disciplined capital deployment and confidence in the business's growth trajectory supported by a strong product development pipeline and customer base [3] Group 3: Company Overview - Gentex Corporation, founded in 1974, is a leading supplier in various sectors including digital vision, connected car technologies, and consumer electronics [6]