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深圳:支持头部机构通过并购重组、组织创新等方式做优做强
news flash· 2025-05-09 10:18
智通财经5月9日电,深圳市地方金融管理局、中国证券监督管理委员会深圳监管局印发《深圳市关于发 挥资本市场作用 建设产业金融中心行动方案(2025-2026年)》,打造一流投资银行及投资机构,做好 金融"五篇大文章"。支持头部机构通过并购重组、组织创新等方式做优做强,鼓励中小机构差异化发 展、特色化经营。以"上市公司质量"为导向强化投行业务监管,推动证券公司健全内控体系,提高执业 质量。引导头部证券公司有序发展境外业务,支持企业用好"两个市场""两种资源",提升国际影响力。 推动投资机构提升投研核心能力,优化资源配置。督促投资机构以满足居民财富管理需求为出发点探索 产品创新,深入开展数字化转型,推进普惠金融高质量发展。支持投资机构用好社保基金、养老金、年 金等投资管理资格,吸引中长期资金入市。积极推进深圳个人养老金业务,支持养老金、保险资金等中 长期资金加快发展权益投资。 深圳:支持头部机构通过并购重组、组织创新等方式做优做强 ...
解锁“舌尖产业”的创新密码
Ke Ji Ri Bao· 2025-05-09 01:24
原标题:解锁"舌尖产业"的创新密码 作为传统农业区,河南正从"中原粮仓"向"国人厨房"转变。在这一背景下,粮食生产大县驻马店市 遂平县立足农业资源优势,加强农产品精深加工,推进科技创新驱动的产业革命。遂平县做足做活"粮 头食尾""畜头肉尾""农头工尾"大文章,推进农产品加工业转型升级、延链增值,走出一条独具特色的 现代化农业高质量发展之路。日前,科技日报记者深入遂平县探访,解码这座豫南小城发展县域经济的 创新密码。 科技赋能:味觉经济"强起来" 记者走进遂平县先进制造业开发区,在思念食品(遂平县)有限公司(以下简称"遂平思念")生产 车间看到,一颗颗珠圆玉润的汤圆在自动化生产线上经过制作、成型、包装等工序成为商品,而工人们 各司其职,热火朝天地忙生产、赶订单。 "'柿柿如意'黑芝麻汤圆上市不到两个月,销售额就破亿元。现在这个单品依然火爆,公司正开足 马力生产,全力保障订单交付。"遂平思念行政经理王莉说。 "我们的地库已实现全无人化操作,库内众多大屏幕实时展示着库内温度、货物信息、电量状态等 关键数据。通过屏幕显示,货物的名称、生产进度以及转运环节一目了然,使整个生产与转运过程的无 缝衔接。"王莉边走边向记者介 ...
ModivCare (MODV) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
ModivCare (MODV) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants L. Heath Sampson - President & CEO Conference Call Participants Pito Chickering - AnalystMichael Petusky - Managing Director & Senior Research Analyst Operator Good day, everyone, and welcome to Motive Care's First Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conferen ...
Rackspace Technology(RXT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
Rackspace (RXT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Sagar Hebbar - VP - IR & Corporate FinanceAmar Maletira - CEO & DirectorMark Marino - Chief Financial OfficerIrvin Liu - Vice PresidentRyan Campbell - VP - Equity ResearchRobert Palmisano - Senior Equity Research Associate Operator Good day, and welcome to the Rackspace First Quarter twenty twenty five Earnings Webcast. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be ...
ModivCare (MODV) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $650.7 million, down 5% year over year and 2% sequentially, primarily due to known NEMT contract attrition, lower build hours in PCS, and membership churn in monitoring [20][21] - Net loss for the quarter was $50.4 million, up from $22.3 million a year ago, mainly due to higher interest expense which rose to $38.8 million [21] - Adjusted net loss was $24.5 million or negative $1.71 per share, reflecting the exclusion of restructuring-related costs and amortization of intangibles [21] - Adjusted EBITDA was $32.6 million, essentially flat year over year but down sequentially, with key drivers including an $8 million impact from net NEMT contract development [21][22] Business Line Data and Key Metrics Changes - In NEMT, revenue was $449 million, representing 69% of total revenue, declining 6% year over year due to previously disclosed contract losses [22] - Average monthly members in NEMT declined 19% year over year and 20% sequentially, while utilization from the normalization of healthcare increased to 12% [22] - PCS contributed $181.8 million in revenue or 28% of total revenue, with revenue per hour rising 1.1% while service hours declined 2.1% due to expected seasonality [24] - Monitoring contributed $18.1 million in revenue, representing just 3% of total revenue but 16% of total adjusted EBITDA, with adjusted EBITDA at $5.2 million for a 29% segment margin [25] Market Data and Key Metrics Changes - The broader opportunity in the 2026 pipeline exceeds $500 million in potential contract value, with the company experiencing a loss of a regional contract totaling $15 million in annual revenue [6][7] - In Indiana, referral volume increased by more than 45% year over year, while new Southeastern markets delivered sequential growth [9] Company Strategy and Development Direction - The company aims to grow and retain core customer relationships, digitize and automate the Care Access platform, optimize the operating model for simplicity and scale, increase capital efficiency, and deliver high-impact client-centric supportive care [4][5] - The long-term vision is to become the digital infrastructure for supportive care, unifying fragmented benefits and delivering a coordinated member experience [19] Management's Comments on Operating Environment and Future Outlook - Management noted that the decline in revenue was expected and reflects prior year customer transitions and market dynamics that are largely behind the company [20] - The company is focused on executing against measurable initiatives and communicating progress through clear objective KPIs and milestones, without issuing formal guidance for 2025 [28] Other Important Information - The company launched a company-wide G&A reduction initiative targeting approximately $25 million in annualized savings [14] - The net contracts receivable rose to $109 million, up from $95 million in Q4, due to expected billing timing [26] Q&A Session Summary Question: How should cash flow generation be modeled for the rest of the year? - Management indicated that EBITDA is driving cash flow and expects meaningful improvement in cash flow generation as the year progresses, particularly due to contract restructuring and working capital improvements [31][38] Question: Why did contract receivables increase despite a decline in revenue? - The increase in accounts receivable was attributed to the contract mix and shared risk contracts that have not yet been converted [39][40] Question: Is there a positive cash flow possibility in Q3? - Management acknowledged that due to large debt payments in Q2 and Q4, positive cash flow from operations may not be achievable in those quarters, but they feel good about cash flow generation for the year overall [51][54] Question: Can you elaborate on the G&A savings? - The $25 million in G&A savings primarily comes from labor efficiencies within corporate and shared service areas as the company continues to streamline operations [57][59]
Rackspace Technology(RXT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
Rackspace (RXT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good day, and welcome to the Rackspace First Quarter twenty twenty five Earnings Webcast. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Instructions will be given at that time. As a reminder, this call may be recorded. I would now like to turn the call over to Sagar Habar, Head of Investor Relations. Please go ahead. Speaker1 Thank you, and welcom ...
OneStream, Inc.(OS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:32
OneStream (OS) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Annie Leschin - VP - Strategic Finance & IRTom Shea - Co - Founder, CEO & PresidentBill Koefoed - CFOJohn DiFucci - Senior Managing DirectorAdam Hotchkiss - VP - Emerging Software Equity ResearchKoji Ikeda - Director - Enterprise Software Equity ResearchRyan Krieger - VP - Software Equity ResearchSonak Kolar - Software Equity Research AssociateTerry Tillman - Managing DirectorSiti Panigrahi - Managing DirectorScott Berg - Man ...
OneStream, Inc.(OS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:30
OneStream (OS) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Welcome to the OneStream's First Quarter Fiscal twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. As a reminder, today's program is being recorded. And now I'd like to introduce your host for today's program, Annie Lesage, Vice President, Investor Relations and Strategic Finance. Please go ahead, ma'am. Spea ...
PepsiCo Makes Alliance With AWS to Strengthen Digital Infrastructure
ZACKS· 2025-05-08 16:25
PepsiCo, Inc. (PEP) looks well-poised for growth on strength in its core categories, diversified portfolio, improved digital capabilities and flexible go-to-market distribution systems. PEP’s solid innovations are on track.In the latest revelation, PepsiCo has unveiled a multi-year agreement with Amazon Web Services (“AWS”), an Amazon.com, Inc. (AMZN) company.Details on PEP’s Latest NewsPepsiCo has chosen AWS as its strategic cloud provider for AI, supply chain and customer experience. This food and beverag ...
DLH(DLHC) - 2025 Q2 - Earnings Call Transcript
2025-05-08 15:02
DLH (DLHC) Q2 2025 Earnings Call May 08, 2025 10:00 AM ET Company Participants Chris Witty - Managing Director - Investor RelationsZachary Parker - President & CEOKathryn Johnbull - CFO Conference Call Participants Joe Gomes - Senior Generalist Analyst Operator Good morning, and welcome to the DLH Fiscal twenty twenty five Second Quarter Earnings Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is ...