May 2025 First Quarter 2025 Investor Presentation Ashley Park | Atlanta, GA Highlights Q1 2025 Highlights | $80mm | Investment activity | | --- | --- | | $225 | Implied property value per square foot | | ~109,400 | Square feet of comparable leasing activity | | 37% | Comparable leasing spread | | 83% | ABR from Georgia, Texas, Florida & North Carolina | | ~191,000 | Portfolio 5-mile population | | 6.6x | Net Debt to Pro Forma Adjusted EBITDA | | 2.4% | Same-Property NOI quarter-over-quarter growth | $496M $ ...

MECHANICSBURG, Pa., May 1, 2025 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced results for its first quarter ended March 31, 2025, and the declaration of a cash dividend.For the first quarter ended March 31, 2025, revenue increased 2.4% to $1,353.2 million, compared to $1,321.2 million for the same quarter, prior year. Income from continuing operations before other income and expense was $112.7 million for the first quarter ended Marc ...

Core Insights - Huntsman Corporation reported first quarter 2025 revenues of $1,410 million, a decrease of 4% compared to $1,470 million in the same period of 2024 [2][11] - The net loss attributable to Huntsman was $5 million, significantly improved from a net loss of $37 million in the prior year [11] - Adjusted EBITDA for the first quarter of 2025 was $72 million, down from $81 million in the same period of 2024, reflecting an 11% decline [11][17] Financial Performance - Revenues decreased across all segments: Polyurethanes by 2% to $912 million, Performance Products by 12% to $257 million, and Advanced Materials by 5% to $249 million [16][17] - Adjusted net loss for the first quarter was $19 million, compared to an adjusted net loss of $11 million in the prior year [11][17] - The diluted loss per share improved to $0.03 from $0.22 year-over-year [11] Segment Analysis - In the Polyurethanes segment, lower average selling prices were partially offset by higher sales volumes, leading to an increase in adjusted EBITDA by 8% [4] - The Performance Products segment saw a decrease in revenues primarily due to lower sales volumes and unplanned production outages, resulting in a 29% drop in adjusted EBITDA [5] - Advanced Materials experienced a decline in revenues due to lower average selling prices, with adjusted EBITDA decreasing by 16% [6] Liquidity and Capital Resources - Free cash flow used in continuing operations was $107 million, slightly higher than the $105 million used in the same period of 2024 [8][11] - As of March 31, 2025, Huntsman had approximately $1.3 billion in combined cash and unused borrowing capacity [8] Management Commentary - The CEO noted significant changes in short-term business conditions, with low visibility and customer uncertainty impacting demand trends in key markets [3] - The company is focusing on cost management, including workforce reductions and asset optimization, while prioritizing balance sheet protection and cash generation [3]

Financial Results - Elme Communities reported a net loss per diluted share of $0.05 for Q1 2025, compared to a loss of $0.04 in Q1 2024 [2][21] - Core FFO per diluted share increased to $0.24 in Q1 2025 from $0.23 in Q1 2024 [2][21] Operational Highlights - Same-store multifamily NOI increased by 5.5% year-over-year, driven by higher rental revenue and successful property tax assessment appeals [7][8] - Average occupancy for the same-store portfolio rose to 94.8%, up 0.5% from the prior year [7][8] - Retention rate during the quarter was 62%, aligning with expectations [7] Balance Sheet - As of March 31, 2025, available liquidity was $324 million, consisting of cash and availability under the revolving credit facility [7] - The annualized Net Debt to Adjusted EBITDA ratio was 5.6x, indicating a strong balance sheet with only $125 million of debt maturing before 2028 [7] Strategic Review - The board of trustees initiated a formal review to evaluate strategic alternatives for maximizing shareholder value, with no set deadline for completion [6] 2025 Guidance - Elme expects Core FFO for 2025 to range from $0.91 to $0.97 per fully diluted share [9][10] - Same-store multifamily revenue growth is projected between 2.1% and 3.6%, with NOI growth expected to be between 1.5% and 3.5% [10] Dividends - Elme Communities paid a quarterly dividend of $0.18 per share on April 3, 2025, and announced another dividend of the same amount to be paid on July 3, 2025 [12]

Core Insights - RE/MAX Holdings reported a net loss of $2.0 million for Q1 2025, an improvement from a net loss of $3.4 million in Q1 2024, with basic and diluted GAAP loss per share at $(0.10) compared to $(0.18) in the prior year [8][10][12] Group 1: Operating Results - Total revenue for Q1 2025 was $74.5 million, down 4.9% from $78.3 million in Q1 2024, with revenue excluding Marketing Funds at $55.6 million, a decrease of 4.3% [4][10] - The agent count as of March 31, 2025, was 146,126, reflecting a 2.0% increase from 143,287 in the previous year, while the U.S. and Canada combined agent count decreased by 5.0% to 75,010 [3][10] Group 2: Revenue and Expenses - Recurring revenue streams, including franchise fees and annual dues, decreased by $2.2 million, or 5.5%, accounting for 66.8% of revenue excluding Marketing Funds in Q1 2025 [5] - Total operating expenses were $69.1 million, down 6.3% from $73.8 million in Q1 2024, primarily due to lower selling, operating, and administrative expenses [6][10] Group 3: Adjusted Metrics - Adjusted EBITDA for Q1 2025 was $19.3 million, an increase of 1.5% from $18.993 million in Q1 2024, with an adjusted EBITDA margin of 25.9% compared to 24.3% in the prior year [11][30] - Adjusted basic and diluted EPS were both $0.24 for Q1 2025, up from $0.20 in Q1 2024 [12][33] Group 4: Balance Sheet and Cash Flow - As of March 31, 2025, the company had cash and cash equivalents of $89.1 million, a decrease of $7.5 million from December 31, 2024, with outstanding debt at $439.9 million [13][26] - Cash flow from operations for Q1 2025 was $5.661 million, down from $9.381 million in Q1 2024, with adjusted free cash flow at $(1.161) million compared to $4.543 million in the prior year [28][38] Group 5: Outlook - For Q2 2025, the company expects agent count to increase by 1.5% to 2.5% and revenue in the range of $70.0 million to $75.0 million, with adjusted EBITDA projected between $22.5 million and $25.5 million [20]

DENVER, May 1, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today reported operating and financial results for the first quarter 2025 and provided certain full year and second quarter 2025 guidance.Highlights include: Net production was 17.8 MMBoe, or 197.3 MBoe/d, at 53% oil or 103.7 MBbls/d, at the high end of guidance, driven largely by our Uinta Basin assets outperforming expectations. Total daily production increased 36% and daily oil production increased 63% compared to first quar ...

Core Viewpoint - Streamline Health Solutions, Inc. reported a decline in revenue for the fourth quarter and fiscal year 2024, primarily due to SaaS non-renewals and lower revenue from legacy contracts, while emphasizing a focus on innovation and client engagement to drive future growth [1][3][4]. Financial Performance - Total revenue for Q4 2024 was $4.7 million, down from $5.4 million in Q4 2023. For the fiscal year, revenue totaled $17.9 million compared to $22.6 million in the previous year [3]. - SaaS revenue for Q4 2024 was $3.1 million, representing 66% of total revenue, compared to $3.4 million (64%) in Q4 2023. For the fiscal year, SaaS revenue was $11.8 million (66%) versus $14.1 million (62%) in fiscal 2023 [4]. - The net loss for Q4 2024 was ($2.1 million), compared to a net loss of ($1.4 million) in Q4 2023. The total net loss for fiscal 2024 was ($10.2 million), an improvement from ($18.7 million) in fiscal 2023 [5]. Cash Position and Liabilities - Cash and cash equivalents as of January 31, 2025, were $2.2 million, down from $3.2 million a year earlier. The company had an outstanding balance of $1.0 million on its revolving credit facility [6]. - Total liabilities increased to $23.3 million as of January 31, 2025, compared to $22.9 million in the previous year [23]. Adjusted EBITDA - Adjusted EBITDA for Q4 2024 was $35,000, down from $0.4 million in Q4 2023. For the fiscal year, adjusted EBITDA was a loss of ($1.3 million), slightly improved from a loss of ($1.4 million) in fiscal 2023 [7][28]. Booked SaaS Annual Contract Value (ACV) - As of January 31, 2025, the total Booked SaaS ACV was $14.0 million, down from $15.0 million a year earlier, largely due to client non-renewals, but offset by $3.5 million in new bookings during fiscal 2025 [8][9]. Future Outlook - The company expects to achieve an adjusted EBITDA positive run rate during the first half of fiscal 2025, although specific guidance on timing for bookings has not been provided due to unpredictability [11].

Core Viewpoint - Red Rock Resorts, Inc. reported financial results for the first quarter of 2025, showing growth in net revenues, net income, and adjusted EBITDA compared to the same period in 2024 [1][10]. Financial Performance - Net revenues for the first quarter of 2025 were $497.9 million, an increase of 1.8% or $9.0 million from $488.9 million in the same period of 2024 [10]. - Net income for the first quarter of 2025 was $86.0 million, reflecting a 9.7% increase or $7.6 million from $78.4 million in the same period of 2024 [10]. - Adjusted EBITDA for the first quarter of 2025 was $215.1 million, up 2.8% or $5.9 million from $209.1 million in the same period of 2024 [10]. Las Vegas Operations - Net revenues from Las Vegas operations were $495.0 million for the first quarter of 2025, an increase of 1.9% or $9.4 million from $485.6 million in the same period of 2024 [10]. - Adjusted EBITDA from Las Vegas operations was $235.9 million for the first quarter of 2025, an increase of 2.7% or $6.1 million from $229.8 million in the same period of 2024 [10]. Balance Sheet Highlights - As of March 31, 2025, the company's cash and cash equivalents were $150.6 million, and total principal amount of debt outstanding was $3.4 billion [3]. Dividends - The Board of Directors declared a cash dividend of $0.25 per Class A common share for the second quarter of 2025, payable on June 30, 2025 [4]. - A special dividend of $1.00 per Class A common share was also declared, payable on May 21, 2025 [6]. Conference Call - The company hosted a conference call to discuss its financial results, providing an opportunity for stakeholders to engage with management [8].

Core Viewpoint - Iron Mountain Incorporated (IRM) reported strong first-quarter results, with adjusted funds from operations (AFFO) per share of $1.17, exceeding expectations and reflecting a 6.4% year-over-year increase [1][2]. Financial Performance - Total revenues for the quarter were $1.59 billion, slightly below the consensus estimate of $1.60 billion, but showed a year-over-year improvement of 7.8% [3]. - Storage rental revenues reached $948.4 million, up 7.2% year over year, surpassing the estimated $943.8 million [4]. - Service revenues increased by 8.8% to $644.2 million, slightly below the estimate of $646.3 million [5]. - Global RIM business revenues grew 3.8% to $1.26 billion, also below the estimate of $1.27 billion [5]. - Global Data Center business reported revenues of $173.2 million, a significant 20.3% increase year over year, exceeding the estimate of $169.7 million [5]. - Adjusted EBITDA rose 11.8% to $579.9 million, with the adjusted EBITDA margin expanding by 130 basis points to 36.4% [6]. Interest Expenses and Debt - Interest expenses increased by 18.4% year over year to $194.7 million [6]. - As of March 31, 2025, the company had net debt of $14.87 billion, up from $13.68 billion at the end of 2024, with a weighted average interest rate of 5.7% [7]. Dividend Announcement - The company announced a cash dividend of 78.5 cents per share for the second quarter of 2025, payable on July 3 to shareholders on record as of June 16, 2025 [8]. 2025 Guidance Revision - Iron Mountain raised its guidance for 2025, now expecting AFFO per share between $4.95 and $5.05, up from the previous range of $4.85-$4.95 [9]. - Revenue estimates for 2025 are now between $6.74 billion and $6.89 billion, an increase from the earlier range of $6.65 billion to $6.80 billion [9][10]. - Adjusted EBITDA is anticipated to be between $2.51 billion and $2.56 billion, revised from the previous range of $2.48 billion to $2.53 billion [9].

Host Hotels & Resorts (HST) Q1 2025 Earnings Call May 01, 2025 11:00 AM ET Company Participants Jaime Marcus - SVP, Investor RelationsJames Risoleo - President, CEO & DirectorSourav Ghosh - Executive VP & CFOAri Klein - Director - Equity ResearchDuane Pfennigwerth - Senior Managing DirectorDavid Katz - Managing DirectorJay Kornreich - VP - Equity ResearchJack Armstrong - Equity Research AssociateFloris van Dijkum - Managing DirectorSmedes Rose - Director Conference Call Participants Chris Woronka - AnalystS ...