Q2'25 Earnings Forward-looking statements and non-GAAP financial measures This press release contains certain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance and are based on current expectations, estimates, and projections about our industry, management's beliefs, and certain assumptions made by management based on ...

Core Insights - Comstock Inc. will host a webinar on August 14, 2025, at 4:30 PM ET to discuss recent financial results and business updates [1][2] - The webinar will include a Q&A session for investors and interested parties [2] - Comstock Inc. focuses on clean energy technologies, extracting and converting under-utilized natural resources into reusable electrification metals [3] Company Overview - Comstock Inc. is listed on NYSE under the ticker LODE [3] - The company specializes in the commercialization of technologies that support clean energy systems [3] - Key products include silver, aluminum, copper, and other critical minerals sourced from end-of-life photovoltaics [3] Communication Strategy - Comstock Inc. utilizes its investor relations website and social media platforms for disclosing material non-public information [4]

Core Insights - CMS Energy reported $1.84 billion in revenue for the quarter ended June 2025, marking a year-over-year increase of 14.4% and exceeding the Zacks Consensus Estimate of $1.69 billion by 8.94% [1] - The company achieved an EPS of $0.71, up from $0.66 a year ago, with a surprise of 5.97% compared to the consensus estimate of $0.67 [1] Revenue Performance - NorthStar Clean Energy generated operating revenue of $92 million, surpassing the three-analyst average estimate of $89.91 million, reflecting a year-over-year change of 24.3% [4] - Consumers Energy (Electric+Gas) reported operating revenue of $1.75 billion, exceeding the average estimate of $1.6 billion based on three analysts [4] - The Gas utility segment achieved operating revenue of $387 million, compared to the two-analyst average estimate of $353.4 million, representing a year-over-year increase of 26.1% [4] - The Electric utility segment reported operating revenue of $1.36 billion, exceeding the two-analyst average estimate of $1.23 billion, with a year-over-year change of 10.9% [4] Stock Performance - CMS Energy shares have returned +3.6% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Financial Data and Key Metrics Changes - The company reported sales of $203 million, with a gross margin of 48.2%, and non-GAAP EPS of $0.09, exceeding guidance [8][16] - Q1 sales increased by 5% sequentially and 22% year over year [17] - Operating margin improved to 11.1%, compared to 9% in Q4 and 6% a year ago [19] Business Line Data and Key Metrics Changes - Automotive sales increased by 3% sequentially, led by e-mobility sales, which rose by 16% sequentially and 31% year over year [17] - Industrial and other sales increased by 11% sequentially and 50% year over year, driven by growth in data centers, robotics, and automation [17][18] - Sales of magnetic sensors increased by 10% sequentially and 12% year over year, while power products sales declined by 2% sequentially but increased by 43% year over year [18] Market Data and Key Metrics Changes - Sales by geography were distributed as follows: 28% in China, 24% in the rest of Asia, 17% in Japan, 16% in The Americas, and 15% in Europe [18] - Distributor inventory dollars declined by 13% sequentially and 28% year over year, indicating a tightening supply chain [18] Company Strategy and Development Direction - The company aims to demonstrate relentless innovation to drive performance leadership in new and existing markets [9] - A new ACL C current sensor was released, designed for XEV inverters, optimizing customer bill of materials [10] - The company is focusing on cost innovation to improve gross margins, with a goal of reaching 50% gross margin in the future [14][22] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about strong bookings, increasing backlog, and significant orders within lead times [8][16] - The automotive production forecast has been revised to a flat vehicle production landscape, indicating potential recovery [41] - The company expects Q2 sales to be in the range of $205 million to $215 million, reflecting a 12% year-over-year increase [22] Other Important Information - The company ended Q1 with cash of $139 million and free cash flow of $51 million, representing 25% of sales [20] - A voluntary debt repayment of $35 million was made, reducing net debt to $181 million [21] Q&A Session Summary Question: Can you talk about the forward demand picture and inventory needs? - Management noted strong bookings and backlog, with discussions about potential future component shortages indicating increased demand [26][27] Question: Can you elaborate on the industrial exposure and clean energy? - The company highlighted a broad industrial market with strong growth in data centers, robotics, and clean energy, despite some softness in clean energy [30][32] Question: What drove the upside in gross margin? - The gross margin exceeded expectations due to higher revenue and favorable pricing dynamics, with a projected drop-through of 75% moving forward [35][36] Question: How do you see automotive demand recovery? - Management observed positive signs for recovery in automotive demand, with increased discussions about expedited delivery from customers [42] Question: Is the revenue guide shipping to true end demand? - The revenue guide does not yet reflect shipping to end demand, as the company continues to under-ship the distribution channel [46] Question: What trends are seen in China? - The company reported strong momentum in e-mobility and noted the importance of the "China for China" strategy for competitive positioning [62][64] Question: When will capital deployment shift from debt repayment to capital return? - Currently, the focus remains on debt repayment as the most accretive action, with no immediate plans for share buybacks or dividends [100]

Core Points - Worksport Ltd. will report its Q2 2025 earnings on August 13, 2025, before the market opens, with CEO Steven Rossi leading the call [1][3] - The company aims to achieve positive cash flow and profitability in the upcoming quarters, highlighting record revenues and increasing margins [2][3] - Worksport is experiencing significant growth in its tonneau cover business and is preparing for a major launch in its clean-tech division [3] Company Overview - Worksport Ltd. designs, develops, and manufactures various products, including tonneau covers, solar integrations, and portable power systems, with a focus on clean energy solutions [4] - The company has a partnership with Hyundai for the SOLIS Solar cover and its hard-folding cover is compatible with all major truck models, gaining traction in the electric vehicle sector [4] - Worksport is positioned to capitalize on the growing consumer shift towards clean energy integrations through its proprietary solar solutions and mobile energy storage systems [4]

Core Insights - Rectitude Holdings Ltd reported financial results for the fiscal year ending March 31, 2025, highlighting a challenging earnings environment but a commitment to long-term growth through new product launches and expanded distribution [3][4]. Financial Performance - Total revenues for the fiscal year were $32.57 million, an increase from $41.35 million in the previous year, driven by higher customer demand for safety equipment due to increased construction activity [4][9]. - Cost of revenues rose to $21.61 million, influenced by the revenue increase and a shift towards higher-cost products, including the launch of the AIMS system [5][9]. - Gross profit was $10.96 million, representing a gross profit margin of 33.65%, down from 35.57% the previous year, attributed to a less favorable product mix and increased freight costs [6][9]. - Selling and marketing expenses increased to $3.57 million, primarily due to costs associated with expanding retail branches [7][9]. - Research and development expenses rose to approximately $117,000, reflecting investments in the AIMS system and virtual reality technology for safety training [10][9]. - General and administrative expenses increased to $5.61 million, driven by higher provisions for expected credit losses and other administrative costs [11][9]. - Net income for the fiscal year was $1.66 million, or $0.12 per diluted share, a decrease from $3.36 million the previous year [12][13][9]. - EBITDA decreased to $3.39 million, down from $5.88 million in the prior year, primarily due to lower net income and increased expenses [14][9]. Strategic Outlook - The company anticipates strong growth and operational performance for Fiscal Year 2026, focusing on expanding its core business and capturing value across the safety equipment supply chain [15][3]. - The successful launch of the AIMS system is expected to support customers' power needs in remote construction sites, promoting low-carbon and sustainable methods [15][3]. - The company aims to leverage its financial strength to assist traditional business owners in transitioning and expanding their operations within Southeast Asian markets [15][3]. Company Overview - Founded in 1997, Rectitude Holdings Ltd specializes in safety equipment and industrial hardware, serving a diverse range of markets in Singapore and Southeast Asia [17].

Core Insights - FuelCell Energy has signed a seven-year agreement with CGN-Yulchon Generation Co., Ltd. for the purchase of eight advanced carbonate fuel cell modules and maintenance services, reinforcing its position as a utility-scale electric power producer [1][2][4] - The CGN-Yulchon facility will utilize four fuel cell units, each consisting of two modules, producing a total of 10 megawatts of low carbon baseload power, contributing to CGN's decarbonization goals and South Korea's Hydrogen Economy Roadmap [2][3] - This agreement enhances FuelCell Energy's strategic presence in Asia's advanced fuel cell market, alongside other projects, demonstrating momentum in repowering utility-scale assets [4] Company Operations - FuelCell Energy is the only provider delivering utility-scale power and steam, with applications in district heating and industrial processes, offering a scalable, clean energy platform [5][6] - The company has operated a dedicated service team in Korea since 2018, supporting over 100 megawatts of installed capacity, with a service model that includes 24/7 monitoring and preventative maintenance [7] - FuelCell Energy's technology is positioned to meet the growing global demand for electricity, providing high-efficiency, low-emission baseload power [6][8]

Core Viewpoint - Dragonfly Energy Holdings Corp. announced a public offering of 21,980,000 shares at $0.25 per share, aiming for gross proceeds of approximately $5.5 million, with the offering expected to close around July 31, 2025 [1][2]. Group 1: Offering Details - The offering is underwritten by Canaccord Genuity, which is acting as the sole bookrunner [2]. - The net proceeds from the offering will be used for working capital, general corporate purposes, and repayment of indebtedness [2]. - The offering is made under a shelf registration statement declared effective by the SEC on November 24, 2023 [3]. Group 2: Company Overview - Dragonfly Energy is a leader in lithium battery technology, specializing in cell manufacturing, battery pack assembly, and full system integration [5]. - The company’s Battle Born Batteries® brand has established a strong presence in the lithium battery industry, with numerous battery packs deployed through top-tier OEMs and a diverse retail customer base [5]. - Dragonfly Energy is at the forefront of domestic lithium battery cell production, utilizing a patented dry electrode manufacturing process for various applications, including energy storage systems and electric vehicles [5].

Core Viewpoint - Dragonfly Energy Holdings Corp. has initiated an underwritten public offering of its common stock and pre-funded warrants, with the intention to use the proceeds for working capital and debt repayment [1][2]. Group 1: Offering Details - The company is offering common stock and pre-funded warrants, with a potential 30-day option for underwriters to purchase an additional 15% of the securities at the public offering price [1]. - The offering is subject to market conditions, and there is no guarantee regarding its completion or the final terms [1]. Group 2: Financial and Corporate Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes, including repayment of existing debt [2]. Group 3: Company Background - Dragonfly Energy is a leader in lithium battery technology, focusing on cell manufacturing, battery pack assembly, and system integration [5]. - The company is known for its Battle Born Batteries® brand and has a significant presence in the lithium battery industry, with a patented dry electrode manufacturing process [5]. - Dragonfly Energy aims to advance clean energy solutions through the development of nonflammable, all-solid-state battery cells [5].

Core Insights - DTE Energy is investing over $1.8 billion in its utilities in the first half of 2025 and is projected to invest $4.4 billion throughout the year to enhance the safety and reliability of its electric and natural gas infrastructure while transitioning to cleaner energy sources [1][8]. Financial Performance - The company reported second quarter earnings of $229 million, or $1.10 per diluted share, a decrease from $322 million, or $1.55 per diluted share in 2024 [2]. - Operating earnings for the second quarter of 2025 were $283 million, or $1.36 per diluted share, compared to $296 million, or $1.43 per diluted share in 2024 [2][11]. Strategic Outlook - DTE Energy maintains its 2025 operating EPS guidance of $7.09 - $7.23, indicating confidence in its financial performance [3]. - The company views its energy infrastructure as a critical economic engine for Michigan, aiming to provide reliable, affordable, and cleaner energy [3][4]. Investment Initiatives - DTE Energy has made significant investments to improve electric infrastructure, achieving a 75% improvement in outage duration since 2023, with a goal to reduce outages by 30% and outage duration by 50% by 2029 [9]. - The company has initiated construction on the Cold Creek Solar Park, a 100-megawatt solar array, and has begun operations at the Pine River Solar Park, which will power nearly 20,000 homes [9][8]. Recognition and Awards - DTE Energy received the 2025 Business Development Innovation Award from the Edison Electric Institute for its innovative business inclusion practices that support local suppliers [9].