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Kura Sushi USA Announces Fiscal First Quarter 2026 Financial Results
Globenewswire· 2026-01-07 21:05
Company to host fireside chat and investor meetings at the 28th Annual ICR ConferenceIRVINE, Calif., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Kura Sushi USA, Inc. (“Kura Sushi” or the “Company”) (NASDAQ: KRUS), a technology-enabled Japanese restaurant concept, today announced financial results for the fiscal first quarter ended November 30, 2025. Fiscal First Quarter 2026 Highlights Total sales were $73.5 million, compared to $64.5 million in the first quarter of 2025;Comparable restaurant sales decreased 2.5% for ...
Unifirst Q1 Earnings Call Highlights
Yahoo Finance· 2026-01-07 15:35
In the core Uniform and Facility Service Solutions segment, revenue increased to $565.9 million from $552.8 million. Organic growth, which adjusts for acquisitions and Canadian dollar fluctuations, was 2.4%, driven by “strong new account sales and improved customer retention,” O’Connor said. Sintros added that new customer wins exceeded the prior-year quarter and that retention logged “a second year in a row of quarter-over-quarter improvement.”CFO Shane O’Connor also noted the company’s effective tax rate ...
Capital Power extends its Arlington Valley tolling agreement to 2038 and increases its summer capacity by 35 MWs, enhancing reliability and long-term value
Globenewswire· 2026-01-07 12:30
Extends Arlington Valley (Arlington) tolling agreement with the current counterparty by 7 years through 2038, increasing the remaining contract life to 13 yearsAdds 35 MW of incremental capacity to meet Arizona’s growing peak power demandDelivers a total estimated annual Adjusted EBITDA uplift of ~US$70 million by 2032 EDMONTON, Alberta, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) today announced the extension of its summer tolling agreement for the Arlington facility with the current counter ...
Sunoco LP Announces 2026 Guidance
Businesswire· 2026-01-06 12:02
DALLAS--(BUSINESS WIRE)--Sunoco LP (NYSE: SUN) ("Sunoco†or the "Partnership†) today announced its 2026 guidance. Sunoco's 2026 Guidance Full-year 2026 Adjusted EBITDA(1)(2) to be in the range of $3.1 billion to $3.3 billion, which includes the following assumptions: Total Parkland synergies of approximately $125 million Planned 50-day maintenance turnaround at Burnaby Refinery beginning at the end of January Closing of the TanQuid acquisition in the first quarter of 2026 Growth capital expendi. ...
Vistra to buy Cogentrix Energy in $4.7bn cash-and-stock deal
Yahoo Finance· 2026-01-06 10:14
Core Viewpoint - Vistra has agreed to acquire Cogentrix Energy for approximately $4.7 billion, which includes cash, stock, and debt assumption [1][6]. Group 1: Acquisition Details - The acquisition consists of $2.3 billion in cash, $900 million in Vistra stock, and the assumption of $1.5 billion in debt, with tax benefits expected to total around $700 million [1]. - The deal will add ten natural gas-fired power plants with a combined capacity of approximately 5.5 GW to Vistra's portfolio [2]. - The assets include significant facilities such as the Patriot CCGT facility and the Hamilton-Liberty CCGT plant, both with a capacity of 881 MW located in Pennsylvania [3]. Group 2: Financial Metrics - The transaction's implied value is approximately $730 per kW of capacity and represents a multiple of around 7.25 times the expected adjusted EBITDA contribution in 2027 [4]. - Following the acquisition, Vistra's total generation capacity is expected to expand to nearly 50 GW across the US [3]. Group 3: Advisory and Regulatory Aspects - Goldman Sachs & Co. is serving as the financial adviser to Vistra, with Evercore and King & Spalding advising Cogentrix and Quantum Capital Group [5]. - The completion of the acquisition is subject to regulatory approval from various agencies, including the Federal Energy Regulatory Commission and the Department of Justice [5].
Calumet Provides Preliminary Fiscal Year 2025 Selected Financial Results
Prnewswire· 2026-01-06 00:09
Core Insights - Calumet, Inc. anticipates a net loss between $69 million and $12 million for the year ended December 31, 2025, with Adjusted EBITDA with Tax Attributes expected to range from $285 million to $305 million [2][19]. Financial Performance - The company reported a significant reduction in restricted debt by over $220 million in 2025, attributed to structural cost improvements exceeding $70 million, cost efficiencies of approximately $20 million, and a $110 million divestiture of the Royal Purple Industrial business [3]. - As of December 31, 2025, Calumet had approximately $250 million of liquidity in the Restricted Subsidiaries Group and total liquidity of about $447 million, including restricted cash [3]. Operational Highlights - The company achieved an increase of 1.3 million barrels in annual production, positioning itself for durable free cash flow generation and continued deleveraging in 2026 [3]. - Montana Renewables marked a pivotal year with the successful completion of a U.S. Department of Energy loan, eliminating around $80 million in annual cash debt service, and monetizing over $90 million in producer tax credits during 2025 [3]. Future Outlook - The company is optimistic about the long-term growth and margin outlook for Montana Renewables, especially with the MaxSAF expansion on track for the second quarter of 2026 and anticipated favorable regulatory developments [3].
Dana Incorporated Completes Sale of Off-Highway Business
Prnewswire· 2026-01-02 13:45
Core Viewpoint - Dana Incorporated has completed the sale of its Off-Highway business to Allison Transmission Holdings for $2.7 billion, marking a significant step in its transformation strategy [1][2]. Financial Impact - The transaction is valued at 7.5 times the expected adjusted EBITDA for the Off-Highway business in 2025 [1]. - Proceeds from the sale will allow Dana to reduce its debt by approximately $2 billion, achieving a target net leverage of 1x over the business cycle [2]. - The company plans to return $1 billion to shareholders through 2027, with about $650 million already returned since the announcement, an increase of $50 million compared to the previous target [2]. Strategic Focus - Following the divestiture, Dana aims to become a more focused company, concentrating on serving light- and commercial-vehicle customers with both traditional and electrified systems [2]. - The divestiture, along with a successful cost-reduction plan, is expected to strengthen the company's balance sheet, improve margins, and reduce complexity, positioning Dana for accelerated innovation and growth in core markets [2]. Company Overview - Dana is a leader in designing and manufacturing propulsion and energy-management solutions for various mobility markets globally [8]. - The company reported sales of approximately $7.7 billion in 2024 and employs around 28,000 people across 22 countries [9]. - Dana has been recognized as one of the "World's Most Ethical Companies" for 2025 and as one of "America's Most Responsible Companies 2025" [9].
Ellomay Capital Reports Results for the Three and Nine Months Ended September 30, 2025
Globenewswire· 2025-12-30 21:31
Core Insights - Ellomay Capital Ltd. reported its unaudited interim consolidated financial results for the three and nine months ended September 30, 2025, highlighting significant growth in revenues and profits compared to the previous year [1][2]. Financial Overview - Total assets as of September 30, 2025, were approximately €759.4 million, an increase from €677.3 million as of December 31, 2024 [4]. - Revenues for the three months ended September 30, 2025, were approximately €12.7 million, up from €12.3 million for the same period in 2024. For the nine months ended September 30, 2025, revenues were approximately €32.9 million, compared to €31.8 million in 2024, reflecting a 3% increase [4][7]. - Profit for the three months ended September 30, 2025, was approximately €10.1 million, compared to €6.6 million in 2024. For the nine months, profit was approximately €8.5 million, up from €3.3 million in 2024 [4][7]. - EBITDA for the three months ended September 30, 2025, was approximately €22.1 million, compared to €11 million in 2024. For the nine months, EBITDA was approximately €28.2 million, up from €17.6 million in 2024 [4][7]. Revenue Drivers - The increase in revenues was primarily driven by the Company's solar facilities in Italy and the USA that were connected to the grid in early 2024 and the second quarter of 2025, respectively. This was partially offset by lower revenues from Dutch biogas plants due to production issues and a fire incident at the Talasol facility [4][8]. Operating Expenses - Operating expenses for the nine months ended September 30, 2025, were approximately €14.4 million, slightly down from €14.5 million in 2024. This decrease was mainly due to lower feedstock acquisition costs, offset by new operating expenses from the Italian solar facilities [4][8]. Share of Profits - The share of profits from equity accounted investees was approximately €17 million for the nine months ended September 30, 2025, compared to €5.3 million in 2024. This increase was largely due to a gain on bargain purchase related to the acquisition of shares in Dorad Energy Ltd. [4][8]. Future Projects and Developments - The Company is advancing construction on new projects, including a 160 MW solar facility in Italy expected to be completed by the end of 2026. Additionally, 210 MW of solar projects have reached "Ready to Build" status [8][9]. - In the USA, the Company has completed construction on 49 MW of solar projects, with three connected to the grid and the fourth expected to connect soon. The Company is also exploring additional projects that qualify for current tax benefits [9]. - In the Netherlands, the Company received licenses to increase production at its facilities, with new regulations expected to enhance profitability starting January 2027 [10]. - In Israel, negotiations are ongoing with the Israeli Electricity Authority regarding compensation for delays and damages to the Manara project [11]. Comprehensive Income - Total other comprehensive loss was approximately €8.6 million for the nine months ended September 30, 2025, compared to a total other comprehensive income of approximately €2.6 million in 2024, primarily due to foreign currency translation adjustments [4][5].
Compass Diversified Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-12-29 13:10
Core Viewpoint - Compass Diversified (CODI) reported its consolidated operating results for the three months ended June 30, 2025, and reiterated its full-year 2025 subsidiary Adjusted EBITDA expectations of $330 million to $360 million, excluding Lugano Holding, Inc. [1][2] Financial Performance - For the three months ended June 30, 2025, net sales were $478.69 million, an increase from $426.71 million in the same period of 2024, representing a growth of approximately 12.2% [12]. - Gross profit for the same period was $208.54 million, compared to $188.19 million in 2024, indicating a growth of about 10.8% [12]. - Operating income (loss) was reported at $(27.24) million, a decline from $7.48 million in the previous year [13]. - The net loss attributable to Holdings for the three months was $(51.22) million, compared to $(73.05) million in 2024 [12][14]. Adjusted Financial Metrics - Adjusted EBITDA for the three months ended June 30, 2025, was $46.53 million, slightly down from $47.91 million in the same period of 2024 [14]. - Adjusted Earnings for the same period were $(1.03) million, compared to $(18.31) million in 2024 [14]. Balance Sheet Highlights - As of June 30, 2025, total assets were $3.27 billion, a slight decrease from $3.30 billion as of December 31, 2024 [10]. - Total liabilities increased to $2.86 billion from $2.77 billion in the previous year [10]. - Total stockholders' equity attributable to Holdings was $601.88 million, down from $678.62 million in 2024 [10]. Future Outlook - The company continues to focus on strong operating performance across its subsidiaries and disciplined capital allocation to generate long-term shareholder value [2].
Ooma Completes Acquisition of Phone.com
Businesswire· 2025-12-29 13:01
Forward-Looking Statements Non-GAAP Financial Measures In addition to disclosing estimates of financial measures prepared in accordance with U.S. generally accepted accounting principles ("GAAP†), this press release contains estimates of Adjusted EBITDA in future periods. As explained in Ooma's filings with the Securities and Exchange Commission, Adjusted EBITDA represents net income before interest and otherincome, income taxes, depreciation and amortization of capital expenditures, amortization of intan ...