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Prestige sumer Healthcare (PBH) - 2026 Q1 - Earnings Call Presentation
2025-08-07 12:30
Q1 FY26 Performance - Revenue reached $249.5 million, a 6.6% decrease compared to the previous year[18, 22] - Organic revenue declined by 6.4% year-over-year, primarily due to Clear Eyes supply constraints[17, 24] - Diluted EPS increased by 5.6% to $0.95 compared to the adjusted prior year[11, 17, 18, 22] - Free cash flow was solid at $78 million[11] Financial Metrics - Gross margin improved to 56.2%[11, 22, 24] - EBITDA remained relatively flat at $79.6 million[17, 18, 22] - EBITDA margin increased to 31.9%[22, 24] - A&M expenses accounted for 14.0% of revenue[22, 24] - G&A expenses represented 11.4% of revenue[22, 24] Strategic Initiatives and Outlook - The company entered into an agreement to acquire Pillar5 Pharma for approximately $100 million[11, 25] - The company repurchased approximately 400,000 shares for $35 million[25] - Full-year revenue is projected to be between $1.1 billion and $1.115 billion[28] - Full-year free cash flow is expected to be $245 million or more[28]
Altice USA(ATUS) - 2025 Q2 - Earnings Call Presentation
2025-08-07 12:30
Financial Performance - Altice USA is driving towards approximately $3.4 billion of Adjusted EBITDA in FY 2025[11] - Q2 2025 revenue was $2.147 billion, a decrease of 4.2% year-over-year[25,49] - Adjusted EBITDA for Q2 2025 was $804 million, a decrease of 7.3% year-over-year, with a margin of 37.4%[25,49] - Cash capital expenditures for Q2 2025 were $384 million, representing 17.9% of revenue, an increase of 10.3% year-over-year[30,49] Subscriber and ARPU Trends - Improved broadband subscriber trends were observed in Q2 2025, with a 31% improvement in net adds compared to Q2 2024[13,15] - Broadband ARPU grew year-over-year in Q2 2025, reaching $74.77[13,25] - Fiber customer net adds reached 56,000 in Q2 2025, compared to 40,000 in Q2 2024[20] - Mobile line net adds reached 38,000 in Q2 2025, compared to 33,000 in Q2 2024[20] Network and Operational Enhancements - The company added 35,000 total passings in Q2 2025 and 61,000 in H1 2025, with a focus on fiber passings[35] - Service visit rates improved by approximately 19% year-over-year in Q2 2025[22] - Workforce optimization led to approximately a 5% headcount reduction[23] Capital Structure - Altice USA completed a $1 billion primarily HFC Asset-Backed Loan in July 2025[13,36,38] - The weighted average cost of debt is 6.9%, and the weighted average life of debt is 3.6 years[40] - Liquidity is approximately $1.5 billion as of June 30, 2025[40]
Kelly Reports Second-Quarter 2025 Earnings
Globenewswire· 2025-08-07 11:30
Core Viewpoint - Kelly Services reported a mixed financial performance for Q2 2025, with revenue growth driven by acquisitions but organic revenue decline due to reduced demand in certain sectors [3][6][9]. Financial Performance - Q2 2025 revenue reached $1.1 billion, a 4.2% increase year-over-year, primarily due to the acquisition of Motion Recruitment Partners, LLC [3][9]. - On an organic basis, revenue decreased by 3.3%, with a notable decline in demand for U.S. federal government contractors [3][6]. - Operating earnings for Q2 2025 were $22.2 million, up from $12.2 million in Q2 2024, while adjusted earnings were $24.6 million compared to $28.1 million in the prior year [4][5][9]. - Adjusted EBITDA for Q2 2025 was $37.0 million, down 8.7% from the previous year, with an adjusted EBITDA margin of 3.4%, a decrease of 40 basis points [4][9]. Earnings Per Share - Earnings per share (EPS) for Q2 2025 were $0.52, significantly higher than $0.12 in Q2 2024. Adjusted EPS was $0.54, down from $0.71 year-over-year [5][9]. Year-to-Date Performance - For the 26-week period ending June 29, 2025, revenue totaled $2.3 billion, a 7.8% increase compared to the same period in 2024, again driven by the MRP acquisition [6][8]. - Year-to-date operating earnings were $33.0 million, down from $39.0 million in 2024, with adjusted earnings of $46.7 million compared to $51.2 million in the prior year [7][8]. Segment Performance - The Education segment showed growth of 5.6% in Q2 2025, while the Science, Engineering & Technology segment reported a 19.4% increase in revenue [21][22]. - The Enterprise Talent Management segment experienced a revenue decline of 3.9% in Q2 2025 compared to the previous year [21][22]. Dividend Declaration - The board of directors declared a quarterly cash dividend of $0.075 per share, payable on September 3, 2025 [11]. Leadership Transition - Kelly announced the appointment of Nick Zuhlke as the new Chief Accounting Officer, effective August 11, 2025, succeeding Laura Lockhart [13].
Maple Leaf Foods Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-07 09:59
Core Insights - Maple Leaf Foods reported a revenue growth of 8.5% for Q2 2025, reaching $1,362.1 million compared to $1,255.2 million in the same period last year [9][12][18] - Adjusted EBITDA for the same quarter increased by 28.9% to $181.6 million, with an adjusted EBITDA margin of 13.3%, up from 11.2% year-over-year [9][22][23] - The company has increased its full-year 2025 adjusted EBITDA outlook to a range of $680 million to $700 million, up from a previous estimate of $634 million or greater [10][6] Financial Performance - Gross profit for Q2 2025 was $235.7 million, a significant increase from $131.2 million in Q2 2024, driven by improved pork market conditions and operational efficiencies [14][15] - Selling, general and administrative expenses decreased to $113.0 million from $116.6 million year-over-year, primarily due to lower consulting fees [16] - Earnings for Q2 2025 were $57.8 million ($0.47 per share), compared to a loss of $26.2 million ($0.21 per share) in the previous year [18][19] Operational Developments - The company is progressing towards the spin-off of Canada Packers, which has received shareholder approval and is expected to be completed in the second half of 2025 [3][4] - The spin-off is structured as a tax-free "butterfly reorganization" and aims to create two focused, market-leading companies [4][3] - Maple Leaf Foods has restructured its commercial and supply chain operations, splitting its prepared foods operations into two units: Prepared Foods and Poultry [7] Market Outlook - The company anticipates relatively normal pork market conditions and a stable consumer environment for the remainder of the year, which is reflected in its increased full-year outlook [6] - Maple Leaf Foods is closely monitoring evolving macro-economic factors, including tariffs between Canada and the U.S., which may impact its operations [6] - The company has adapted to changes in consumer sentiment, including launching campaigns in Canada that respond to the "buy Canadian" movement [6] Cash Flow and Debt Management - Free cash flow for Q2 2025 was $216.0 million, a significant increase from $27.0 million in the prior year, driven by improved earnings and changes in working capital [25][26] - Net debt as of June 30, 2025, was $1,344.2 million, down from $1,723.1 million a year earlier, with a net debt to trailing twelve months adjusted EBITDA ratio of 2.1x [26][44]
Fortuna Reports Results for the Second Quarter of 2025
Globenewswire· 2025-08-07 01:07
Core Viewpoint - Fortuna Mining Corp. reported strong financial and operational results for Q2 2025, highlighting a robust liquidity position and significant production achievements, while also outlining growth opportunities in upcoming projects [2][7]. Financial Highlights - The company achieved free cash flow from ongoing operations of $57.4 million in Q2 2025, a decrease from $66.7 million in Q1 2025 [18]. - Net cash from operating activities before working capital changes was $96.9 million, or $0.32 per share [7][17]. - Attributable net income from continuing operations was $42.6 million, or $0.14 per share, reflecting a QoQ increase of $0.03 [7][16]. - Adjusted EBITDA margins reached a record 55%, up from 50% in Q1 2025, driven by higher realized gold prices [7][16]. Operational Performance - The company delivered a total of 75,950 gold equivalent ounces in Q2 2025, maintaining its annual production guidance [2][7]. - Consolidated AISC (All-in Sustaining Cost) per gold equivalent ounce from continuing operations was $1,932, an increase from $1,752 in Q1 2025, primarily due to capital expenditures and mine waste stripping [15][19]. - The Séguéla Mine produced 38,186 ounces of gold at an average grade of 3.00 g/t, with a cash cost of $670 per ounce [26][29]. Growth and Business Development - The company is advancing the Diamba Sud project in Senegal, reporting an Indicated Mineral Resource of 724,000 gold ounces, with plans for a preliminary economic assessment (PEA) by Q4 2025 [6][8]. - Fortuna completed the divestment of two short-life mines, generating $83.8 million in gross proceeds, allowing for a reallocation of capital towards higher-value opportunities [9]. Capital Expenditures - Total capital expenditures for Q2 2025 included $31.4 million in sustaining capital and $15.6 million in growth capital, reflecting a 56% increase compared to the previous quarter [12][18].
OceanaGold Reports Record Quarterly Net Profit
Prnewswire· 2025-08-06 21:00
(All financial figures in United States dollars unless otherwise stated) Produced 119,500 ounces of gold and on track to deliver full year guidance Record quarterly net profit of $118 million and record Adjusted EPS† of $0.51 Free Cash Flow† of $120 million with $299 million of cash and no debt VANCOUVER, BC, Aug. 6, 2025 /PRNewswire/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") reported its operational and financial results for the three and six months ended June 30, 2 ...
WESTERN MIDSTREAM ANNOUNCES SECOND-QUARTER 2025 RESULTS
Prnewswire· 2025-08-06 20:07
Core Financial Performance - Western Midstream Partners, LP reported a net income attributable to limited partners of $333.8 million for Q2 2025, equating to $0.87 per common unit (diluted) [2][7] - The company achieved an Adjusted EBITDA of $617.9 million, marking the highest quarterly Adjusted EBITDA in its history [6][7] - Cash flows from operating activities totaled $564.0 million, with Free Cash Flow amounting to $388.4 million for the second quarter [2][7] Distribution and Cash Flow - A per-unit distribution of $0.910 will be paid on August 14, 2025, consistent with the prior quarter, resulting in an annualized distribution of $3.64 [4][7] - After distributions, the Free Cash Flow for Q2 2025 was $33.1 million [4] Operational Highlights - Natural gas throughput averaged 5.3 Bcf/d, a 3% increase from the previous quarter [5][8] - Crude oil and NGLs throughput averaged 532 MBbls/d, reflecting a 6% sequential increase [5][8] - Produced water throughput averaged 1,217 MBbls/d, representing a 4% increase from the prior quarter [5][8] Strategic Initiatives - The company announced the acquisition of Aris Water Solutions, Inc. for an enterprise value of approximately $2.0 billion, expected to enhance its position in midstream water services [6][9] - A new 300 MMcf/d cryogenic natural-gas processing train, North Loving Train II, has been sanctioned to increase processing capacity in West Texas [6][9] Guidance and Future Outlook - Western Midstream reaffirmed its 2025 financial guidance ranges for Adjusted EBITDA ($2.350 billion to $2.550 billion), capital expenditures ($625 million to $775 million), and Free Cash Flow ($1.275 billion to $1.475 billion) [7][10] - The impact of the Aris acquisition will be incorporated into the 2026 guidance projections, to be announced in February 2026 [10]
Texas Pacific Land (TPL) Earnings Call Presentation
2025-08-06 20:00
Financial Performance & Metrics - TPL's 2Q 2025 total revenues reached $187.5 million [12] - Adjusted EBITDA for 2Q 2025 was $166.2 million, with an 89% margin [12] - Free cash flow for 2Q 2025 amounted to $130.1 million, representing a 69% margin [12] - The company held $544 million in cash and cash equivalents as of June 30, 2025, with no debt [28, 32] - FY 2024 Adjusted EBITDA was $611 million [26] - FY 2024 Free Cash Flow was $461 million [26] Operational Highlights - Oil and gas royalties contributed $95.0 million to the total revenue in 2Q 2025 [12] - Water sales generated $25.6 million in revenue during 2Q 2025 [12] - Produced water royalties amounted to $30.7 million in 2Q 2025 [12] - Easements and other surface income reached $36.2 million in 2Q 2025 [12] Assets and Strategy - TPL has approximately 874,000 surface acres located in the Permian Basin [28, 38] - The company has ~25,800 net royalty acres [28, 32] - TPL is focused on maximizing shareholder value through active management of surface and royalty interests [38]
Devon Energy(DVN) - 2025 Q2 - Earnings Call Presentation
2025-08-06 15:00
Financial Performance - The company's total production averaged 841,000 BOE per day[2], with oil production reaching 387,000 barrels per day[2] - The company increased cash balances by $525 million to $1.8 billion[2] - Free cash flow was $589 million[12] - Q2 2025 core earnings were $0.84 per share[18] - The company paid $156 million in dividends and $249 million in share buybacks[19] Capital Management - Capital spending was $932 million, 7% under midpoint guidance[2, 13] - The company realized $400 million of annual benefit from Business Optimization Plan[3] - Full-year capital guidance lowered to a midpoint of $3.7 billion[3] - The company expects to retire $2.5 billion in absolute debt[22] Operational Efficiency - The company achieved 40% of its Business Optimization Plan[3] - Williston Basin 2-mile well costs improved by $1 million[15] - Delaware capital efficiencies improved by 12% for drilling and 15% for completions (2025 YTD vs FY 2024)[15]
Noble plc(NE) - 2025 Q2 - Earnings Call Presentation
2025-08-06 13:00
Financial Performance - Second quarter Adjusted EBITDA was $282 million[6, 10], compared to $338 million in the prior quarter[10] - Free cash flow for the second quarter was $107 million[6, 10], down from $173 million in the first quarter[10] - Capital expenditures, net of insurance proceeds, were $110 million in the second quarter[10], compared to $98 million in the previous quarter[10] - The company returned over $1.1 billion to shareholders since Q4 2022, including a Q3 dividend of $0.50 per share[6] Contract Backlog and Fleet - Current contract backlog stands at $6.9 billion[10, 12], a decrease from $7.5 billion in the previous quarter[10] - Approximately $380 million in new contracts were secured[6] - 62% of floater rig days are committed for 2025, 49% for 2026, and 36% for 2027[13] - 20% of floater rig days are committed for 2028, and 5% for 2029-2031[13] Guidance and Fleet Rationalization - Full year 2025 Adjusted EBITDA guidance is $1.075 billion to $1.15 billion[32] - Full year 2025 capital additions, net of reimbursements, are guided at $400 million to $450 million[32] - Revenue guidance for 2025 is $3.2 billion to $3.3 billion[32] - The company completed the retirement of Meltem and Scirocco rigs and plans to retire Globetrotter II, Highlander, and Reacher rigs[8]