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Availability of 2024 Universal Registration Document and Procedure for Consulting Preparatory Documents for General Shareholders’ Meeting
Globenewswire· 2025-04-30 16:45
AVAILABILITY OF 2024 UNIVERSAL REGISTRATION DOCUMENT AND PROCEDURE FOR CONSULTING PREPARATORY DOCUMENTS FOR GENERAL SHAREHOLDERS’ MEETING April 30, 2025 - The 2024 Universal Registration Document (Document d’Enregistrement Universel) of Publicis Groupe S.A. [Euronext Paris FR0000130577, CAC 40] has been filed with the French Financial Markets Regulatory Authority (AMF) on April 30, 2025. The document can be requested at the Groupe’s Headquarter in accordance with legal and regulatory conditions and is avail ...
SJW (SJW) - 2025 Q1 - Earnings Call Transcript
2025-04-29 22:59
Financial Data and Key Metrics Changes - In Q1 2025, the company reported GAAP diluted EPS of $0.49 and adjusted diluted EPS of $0.50, reflecting a nearly 41% increase in net income compared to Q1 2024 [10][14] - Revenue for Q1 2025 was $167.6 million, a 12% increase from $149.4 million in Q1 2024, primarily due to rate increases in California and Connecticut [15][16] - GAAP net income was $16.6 million, a 41% increase year-over-year, while adjusted net income was $16.7 million, a 43% increase [15][16] Business Line Data and Key Metrics Changes - The company invested $70.8 million in water and wastewater utility infrastructure across four states in Q1 2025, on track to meet its 2025 capital plan [9][12] - The completion of successful general rate cases in California and Connecticut has reduced regulatory risk, with these states generating 90% of the company's water utility services net income in 2024 [11] Market Data and Key Metrics Changes - The new rates for San Jose Water effective January 1, 2025, support $450 million in capital expenditures over three years, with a total revenue increase of 9.4% [22] - In Connecticut, a $1.6 million revenue increase was authorized effective April 1, 2025, with a cumulative surcharge now at 4.9% [24][25] Company Strategy and Development Direction - The company is focused on a long-term growth strategy that includes a robust $2 billion capital plan and opportunistic acquisitions that benefit customers [12][60] - The company aims to maintain affordability while investing in infrastructure and enhancing operational efficiencies through technology advancements [31][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's performance for 2025, expecting to meet guidance of adjusted diluted EPS between $2.9 and $3 [14][45] - The leadership transition is progressing smoothly, with a focus on maintaining a strong culture of safety and service [35][68] Other Important Information - The company raised its credit outlook to stable, indicating a commitment to maintaining a strong credit rating [13] - The company is exploring a Water Quality and Treatment Adjustment mechanism to improve regulatory recovery processes [48][51] Q&A Session Summary Question: Can you frame where you're trending relative to guidance for the year? - Management indicated they are trending right on plan for the year and expect to meet the guidance of $2.9 to $3 [42][45] Question: What is the potential impact of the WQTA mechanism? - The WQTA is expected to streamline recovery for environmental improvements, enhancing regulatory capabilities for timely recovery [50][52] Question: Are there specific states in mind for potential acquisitions? - Management highlighted Texas as a prime area for continued acquisition activity, with additional opportunities in California, Connecticut, and Maine [58][60]
SuperCom Achieves Record Revenue, Record EBITDA, Record Net Income and $3.66 Non-GAAP EPS for Full Year 2024
Prnewswire· 2025-04-28 12:50
FY 2024: Record Revenues of $27.6 Million; Gross Margin 48.4%; Record EBITDA of $6.3 Million Q4 2024: Revenues of $6.3 Million; EBITDA of $1.7 Million TEL AVIV, Israel, April 28, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported results for the twelve months and fourth quarter, ended December 31, 2024. Financial Highlights for Twelve-Months Ended December 31, 2024 (Compared to the Prior Year Period) Finan ...
ServiceNow(NOW) - 2025 Q1 - Earnings Call Transcript
2025-04-23 22:00
ServiceNow (NOW) Q1 2025 Earnings Call April 23, 2025 05:00 PM ET Company Participants Darren Yip - Vice President-Investor RelationsBill McDermott - Chairman and CEOGina Mastantuono - President & CFOKash Rangan - Managing DirectorAmit Zavery - President, CPO & COOMark Murphy - Executive DirectorKylie Towbin - Senior Equity Research AssociateKarl Keirstead - Managing Director - Software Equity ResearchMichael Tulin - Private Mortgage BankerSamad Samana - Managing DirectorRaimo Lenschow - Managing DirectorKi ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Daktronics, Inc. - DAKT
GlobeNewswire News Room· 2025-04-21 19:52
NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Daktronics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March ...
AMMO, Inc. Completes Sale of Ammunition Manufacturing Assets to Olin Winchester
Newsfilter· 2025-04-18 18:00
Core Insights - AMMO, Inc. has completed the sale of its ammunition manufacturing assets to Olin Winchester, marking a significant shift towards becoming a tech-enabled e-commerce company focused on GunBroker.com [1][2][3] - The transaction is expected to unlock substantial value and accelerate growth as AMMO transitions to a pure-play e-commerce platform [3][4] - GunBroker.com will serve as the core business and growth engine, with recent enhancements leading to improved customer engagement and conversion rates [4][7] Transaction Details - Olin Winchester acquired AMMO's 185,000-square-foot manufacturing and ballistic testing facility located in Manitowoc, Wisconsin [5] - The sale was unanimously approved by AMMO's Board and M&A Committee after a comprehensive strategic review process that began in February 2024 [6][8] - The transaction involved a competitive sale process with 15 potential buyers and included a fairness opinion from Lake Street Capital Markets [6][8] Future Focus - The company aims to prioritize the profitable, high-margin GunBroker.com marketplace and capitalize on e-commerce growth opportunities in the firearms and shooting sports industries [7][8] - Proceeds from the transaction will be used for general corporate purposes, with potential evaluations for other uses in the future [8] - AMMO is initiating a rebranding process, including a name change to Outdoor Holding Company, to better align with its e-commerce identity [9] Compliance and Updates - AMMO has submitted an updated compliance plan to Nasdaq to address a deficiency notification regarding its listing requirements [10]
Sportsman’s Warehouse(SPWH) - 2025 Q4 - Earnings Call Transcript
2025-04-02 05:57
Sportsman's Warehouse (SPWH) Q4 2025 Earnings Call April 02, 2025 01:57 AM ET Company Participants Riley Timmer - Vice President of Investor Relations & Corporate DevelopmentPaul Stone - President & CEOJeff White - CFO Conference Call Participants Matthew Koranda - MD & Senior Research AnalystAnna Glaessgen - Senior Analyst, ConsumerMark Smith - Senior Research AnalystRyan Sigdahl - Partner & Senior Research AnalystJustin Kleber - Senior Research Analyst Operator Hello, everyone, and welcome to Sportsman's ...
Ann P. Kelly Promoted to Chief Financial Officer of SJW Group
Globenewswire· 2025-03-31 22:15
SAN JOSE, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW), a leading national investor-owned pure-play water and wastewater utility, today announced that its Board of Directors has appointed Ann P. Kelly as Chief Financial Officer (CFO) and Treasurer, effective July 1, 2025. Kelly, who joined SJW Group in November 2024 as Chief Accounting Officer, has already played a key role in advancing the company's business transformation and operational excellence. In her new role, Kelly will lead b ...
Venus cept (VERO) - 2024 Q4 - Earnings Call Transcript
2025-03-31 15:39
Venus Concept Inc. (NASDAQ:VERO) Q4 2024 Earnings Conference Call March 31, 2025 8:00 AM ET Company Participants Rajiv De Silva - CEO Domenic Della Penna - EVP and CFO Conference Call Participants Marie Thibault - BTIG Jeremy Pearlman - Maxim Group Operator Good day, ladies and gentlemen, and welcome to the Fourth Quarter and Fiscal Year 2024 Earnings Conference Call for Venus Concept Inc. At this time, all participants have been placed in a listen-only mode. Please note that this conference call is being r ...
American Vanguard (AVD) - 2024 Q4 - Earnings Call Transcript
2025-03-14 17:04
Financial Data and Key Metrics Changes - For Q4 2024, the company reported revenues of approximately $169 million, a decrease of 2% compared to Q4 2023, and adjusted EBITDA of approximately $18 million, down 18% year-over-year [21] - For the full year 2024, adjusted revenues were approximately $563 million, a decrease of about 3% from 2023, with adjusted EBITDA at $42 million compared to $53 million in the prior period [22][23] Business Line Data and Key Metrics Changes - The company is focusing on improving its balance sheet, reporting inventories at approximately $180 million, which included write-downs for obsolescence and slow-moving items [22] - The average inventory turns for 2024 ended at 1.67%, with a target to push this metric towards about 2 turns by year-end 2025 [24] Market Data and Key Metrics Changes - The agricultural economy is showing signs of gradual improvement, with customers indicating a slight improvement in sentiment since the low point in summer 2024, although they remain conservative in buying patterns [16] - The company anticipates that 2025 will be better than 2024, with an adjusted EBITDA target range of $45 million to $52 million and expected sales between $565 million and $585 million [18] Company Strategy and Development Direction - The new CEO emphasized the need to improve margins, rightsize the balance sheet, and return to growth, with a focus on simplifying operations and prioritizing key tasks [9][14] - The company plans to allocate the bulk of its free cash flow towards debt repayment as part of its transformation strategy [19] Management's Comments on Operating Environment and Future Outlook - Management noted that while the agricultural economy is improving, farmers are cautious due to high capital costs and potential tariffs, leading to a just-in-time purchasing approach [16][53] - The CEO expressed confidence that 2025 will show improvement over 2024, contingent on resolving tariff issues and improving market conditions [54] Other Important Information - The company recorded $118 million in nonrecurring charges for 2024, primarily related to asset impairments and transformation projects [27] - There is a delay in filing the audited 10-K due to complex assessments related to write-downs, with plans to file a 12b-25 with the SEC [29] Q&A Session Summary Question: Timing of the financial filing - Management indicated that the filing would occur within weeks, not months, and the delay was due to complex write-down assessments rather than any surprising issues [40][41] Question: Working capital expectations for 2025 - The focus remains on inventory as the primary area for working capital improvement, with a refreshed SIOP model to enhance efficiency [45] Question: Addressing organizational complexity - The CEO discussed steps taken to simplify the organization, including an ERP system implementation and restructuring for accountability [47][48] Question: Impact of tariffs on farmer buying patterns - Management noted that uncertainty from tariffs is causing farmers to be cautious, affecting their purchasing decisions [53] Question: Confidence in 2025 guidance - The CEO expressed confidence in the guidance, with the lower end reflecting slower industry conditions and the upper end reflecting positive influences on purchasing [69] Question: Transformation costs for 2025 - Projected transformation costs for 2025 are around $5 million, significantly lower than in 2024, with expected benefits from commercial activities and logistics [72]