Fourth Quarter Fiscal 2025 Earnings Teleconference November 21, 2025 Joseph C. Bartolacci President and Chief Executive Officer Steven F. Nicola Chief Financial Officer and Treasurer www.matw.com | Nasdaq: MATW DISCLAIMER Any forward-looking statements contained in this presentation are included pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, belie ...

ATHENS, Greece, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and nine-month periods ended September 30, 2025.Third Quarter 2025 Financial Highlights:Total net revenues of $56.9 million. Net income of $29.7 million or $4.27 and $4.25 earnings per share basic and diluted, respectively. Adjusted net income ...

ATHENS, Greece, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Euroholdings Ltd (NASDAQ: EHLD, the “Company” or “Euroholdings”), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three and nine-month periods ended September 30, 2025. The Company was incorporated by Euroseas Ltd. (NASDAQ: ESEA, or "Euroseas") to serve as the holding company of three subsidiaries that were contributed by Euroseas to Euroholdings effecti ...

Accessibility StatementSkip Navigation CLEVELAND, Nov. 12, 2025 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the fourth quarter ended September 30, 2025. Fourth quarter highlights include: Fiscal 2025 highlights include: Quarter-to-Date Results Net sales for the quarter increased 11.5%, or $252 million, to $2,437 million from $2,185 million in the comparable quarter a year ago. ...

Core Insights - FRP Holdings, Inc. reported a net income decrease of 51% for Q3 2025, primarily due to legal expenses related to the acquisition of Altman Logistics, despite higher mining royalties and improved results in joint ventures [5][6][22] - The company aims to focus on long-term earnings and NOI growth by leasing industrial and commercial vacancies and advancing development projects in key markets [4][6] Financial Performance - Net income for Q3 2025 was $662,000, down from $1,361,000 in Q3 2024, with adjusted net income up $281,000 excluding Altman acquisition expenses [7][22] - Pro rata NOI decreased by 16% to $9.5 million compared to $11.3 million in the same quarter last year, primarily due to a one-time $1.9 million catch-up payment received in Q3 2024 [5][8] - Total revenues for Q3 2025 increased by 1.3% to $10.775 million, driven by a 15.3% increase in mining royalty and rents [7][17] Segment Performance - The Multifamily segment's pro rata NOI decreased by 3% to $4.57 million, impacted by higher uncollectable revenue and increased operating costs [9][11] - The Industrial and Commercial segment experienced a 25% decrease in NOI due to tenant eviction and lease expirations, with total revenues down 15.5% [15][22] - The Mining Royalty Lands segment saw a 15.3% increase in revenue to $3.689 million, but net operating income decreased by 26% due to a significant drop in unrealized revenues [17][22] Strategic Developments - The company entered a joint venture with Strategic Real Estate Partners to develop two warehouses in Florida, indicating a strategic move to expand its industrial real estate footprint [5][6] - The acquisition of Altman Logistics is seen as a critical step for scaling operations and entering new growth markets, particularly in Florida and New Jersey [6][22] Nine-Month Highlights - For the first nine months of 2025, net income was $2.95 million, down 40.9% from $4.77 million in the same period last year, largely due to $2 million in acquisition expenses [21][22] - Total revenues for the nine months increased by 2.2% to $31.931 million, with lease revenue slightly declining by 2.1% [21][22]

Core Insights - Diamondback Energy, Inc. reported strong financial and operational results for Q3 2025, highlighting significant cash flow generation and shareholder returns [1][2]. Financial Performance - Average oil production reached 503.8 thousand barrels per day (MBO/d), with total production at 942.9 thousand barrels of oil equivalent per day (MBOE/d) [7]. - Net cash provided by operating activities was $2.4 billion, while Operating Cash Flow Before Working Capital Changes was $2.5 billion [7]. - Free Cash Flow and Adjusted Free Cash Flow both stood at $1.8 billion [7]. - The company declared a base cash dividend of $1.00 per share, yielding an annualized rate of 2.8% based on the closing share price of $143.19 on October 31, 2025 [7][18]. Shareholder Returns - Diamondback repurchased 4,286,080 shares for approximately $603 million at an average price of $140.70 per share [7][21]. - Total return of capital for the quarter was $892 million, representing 50% of Adjusted Free Cash Flow [7][21]. Operational Highlights - The company drilled 108 gross wells and completed 137 gross wells in Q3 2025 [9]. - For the full year 2025, Diamondback increased its oil production guidance to 495 - 498 MBO/d and total BOE guidance to 910 - 920 MBOE/d [8][22]. - The average lateral length of wells drilled was approximately 11,500 feet [8][22]. Capital Expenditures - Cash capital expenditures for the quarter were $774 million, with a full-year guidance of $3.45 - $3.55 billion [7][22]. - The company expects to drill 445 - 465 gross wells and complete 510 - 520 gross wells in 2025 [8][22]. Debt and Liquidity - As of September 30, 2025, Diamondback had total liquidity of $2.431 billion and consolidated total debt of $16.432 billion [17]. - The company repurchased $203 million in senior notes due 2051 & 2052 at 82.3% of par value [8]. Market Conditions - Average realized prices for oil were $64.60 per barrel, while natural gas prices averaged $0.75 per Mcf [11]. - The company experienced a slight decrease in natural gas liquids prices, averaging $17.28 per barrel [11].

Financial Performance - Methanex reported a net loss of $7 million for Q3 2025, a significant decline from a net income of $64 million in Q2 2025 [3][12] - Adjusted EBITDA for Q3 2025 was $191 million, slightly up from $183 million in Q2 2025 [3][12] - The average realized price for methanol decreased to $345 per tonne in Q3 2025 from $374 per tonne in Q2 2025 [7][12] Production Highlights - Total methanol production in Q3 2025 was 2,212,000 tonnes, an increase from 1,621,000 tonnes in Q2 2025, driven by new contributions from the Beaumont and Natgasoline plants [7][12] - Beaumont plant produced 239,000 tonnes of methanol and 88,000 tonnes of ammonia in Q3 2025, compared to 11,000 tonnes of methanol in Q2 2025 [17][18] - Natgasoline plant produced 222,000 tonnes of methanol in Q3 2025, up from 10,000 tonnes in Q2 2025 [17][18] Sales and Revenue - Total methanol sales volume for Q3 2025 was 2,476,000 tonnes, compared to 2,133,000 tonnes in Q2 2025 [8][12] - Revenue for Q3 2025 was $927 million, an increase from $797 million in Q2 2025 [8][12] - The company returned $14.3 million to shareholders through dividends in Q3 2025 [7][12] Operational Developments - The company successfully completed the first full quarter of operations at the newly acquired Beaumont and Natgasoline plants, with operations proceeding safely and reliably [4][7] - Chile I operated at full rates throughout the Southern Hemisphere winter for the first time in over ten years, while Chile IV resumed operations after a planned turnaround [7][18] - Methanex ended Q3 2025 with a cash balance of $413 million and repaid $125 million of its Term Loan A [7][12] Future Outlook - Methanex expects production for 2025 to be approximately 8.0 million tonnes, with higher production anticipated in Q4 2025 [23][24] - The company forecasts a meaningful increase in Adjusted EBITDA for Q4 2025 compared to Q3 2025, despite a slightly lower average realized price [24]

Core Insights - Waste Connections reported better than expected financial results for Q3 2025, driven by superior execution and improved operating trends [1][5] - The company achieved a revenue of $2.458 billion, an increase from $2.338 billion in the same period last year, with adjusted net income rising to $372 million or $1.44 per diluted share [2][5] - The company plans to increase its quarterly cash dividend by 11.1% and continue its acquisition activities, having closed or entered agreements for approximately $300 million in annualized revenue [1][5] Q3 2025 Results - Revenue for Q3 2025 was $2.458 billion, up from $2.338 billion in Q3 2024 [2] - Operating income was $439.6 million, which included $60.1 million in impairments and other operating items [2] - Net income for the quarter was $286.3 million, or $1.11 per diluted share, compared to $308 million or $1.19 per diluted share in the prior year [2] - Adjusted net income was $372 million, or $1.44 per diluted share, compared to $350 million or $1.35 per diluted share in the previous year [2] - Adjusted EBITDA for the quarter was $830.3 million, up from $787.4 million in the prior year [2] Year-to-Date Results - For the nine months ended September 30, 2025, revenue was $7.094 billion, an increase from $6.659 billion in the same period last year [3] - Operating income for the nine months was $1.289 billion, including $70.6 million from impairments and other operating items [3] - Net income for the nine months was $818.1 million, or $3.16 per diluted share, compared to $813.6 million or $3.15 per diluted share in the previous year [3] - Adjusted net income for the nine months was $998.3 million, or $3.86 per diluted share, compared to $938.7 million or $3.63 per diluted share in the prior year [3] Operational Highlights - The company experienced a solid waste margin expansion of approximately 80 basis points in Q3 2025 [1] - Employee turnover decreased, and safety incident rates reached a record low, contributing to improved operational performance [1] - The adjusted EBITDA margin for Q3 2025 was 33.8% of revenue, exceeding expectations [5] Shareholder Returns and Capital Management - The company announced an 11.1% increase in its regular quarterly dividend [5] - Share repurchases accounted for approximately 1% of shares outstanding [1][5] - Waste Connections remains well-positioned to fund its growth strategy while increasing returns to shareholders [1]

Core Insights - Carnival Corporation & plc reported record financial results for Q3 2025, achieving an all-time high net income of $1.9 billion and adjusted net income of $2.0 billion, marking a nearly 55% year-over-year increase [10][11][12] - The company raised its full-year 2025 adjusted net income guidance for the third consecutive quarter, driven by improved net yields and effective cost management [10][12] - Strong demand and onboard spending contributed to a 4.6% improvement in net yields on a constant currency basis [2][10] Financial Performance - Total revenues for Q3 2025 reached $8.2 billion, up over $250 million compared to the prior year, marking the tenth consecutive quarter of record revenues [10][11] - Adjusted EBITDA for the quarter was approximately $3.0 billion, with adjusted net income of $2.0 billion, surpassing previous records set in 2019 [11][12] - The company achieved a gross margin yield increase of 6.4% compared to 2024, with all-time high net yields outperforming June guidance by 1.1 points [11][12] Booking Trends - Booking trends have strengthened since May, with higher booking volumes than last year, significantly outpacing capacity growth [8] - Nearly half of 2026 is already booked at historical high prices in constant currency for both North America and Europe segments, indicating a strong base for future business [8][10] Capital Structure and Debt Management - The company has successfully refinanced over $11 billion of debt this year and prepaid an additional $1 billion, aiming to reach investment-grade leverage metrics [9][10] - During the quarter, Carnival reduced secured debt by nearly $2.5 billion and issued two senior unsecured notes totaling $4.2 billion [9][10] Operational Highlights - The new exclusive destination, Celebration Key, received positive reviews and is expected to attract more first-time cruisers [4][18] - The company continues to focus on increasing same-ship net yields and closing the price-to-value gap with land-based vacation alternatives [5][10] Future Outlook - For Q4 2025, the company expects net yields to increase approximately 6.4% year-over-year, with adjusted cruise costs excluding fuel per ALBD expected to rise approximately 5.5% [16] - The company aims to drive its net debt to adjusted EBITDA ratio to under 3x as part of its financial strength strategy [9][14]

Core Viewpoint - Euroholdings Ltd reported its financial results for the second quarter and first half of 2025, highlighting a strategic shift towards the tanker sector and announcing a quarterly dividend with an annualized yield of approximately 7.5% [4][5]. Financial Highlights Second Quarter 2025 Financial Highlights - Total net revenues were $2.9 million, a decrease of 27.8% from $4.0 million in the same period of 2024, attributed to a reduced average number of vessels operating [10]. - Net income for the quarter was $0.8 million, down from $2.3 million in the second quarter of 2024, with earnings per share of $0.30 compared to $0.81 in the prior year [13][14]. - Average time charter equivalent rate increased to $16,528 per day, a 7.1% rise from $15,435 in the same period of 2024 [8]. First Half 2025 Financial Highlights - Total net revenues for the first half were $5.8 million, a 26.4% decrease from $7.9 million in the first half of 2024, primarily due to fewer vessels operated [16]. - Net income for the first half was $11.9 million, significantly higher than $3.8 million in the same period of 2024, with earnings per share of $4.28 compared to $1.36 [22][23]. - Adjusted EBITDA for the first half was $1.7 million, down from $3.9 million in the first half of 2024 [22]. Recent Developments - The Board of Directors decided to focus on the tanker sector, specifically targeting modern medium-range product tankers for growth [4][6]. - Marla Investments Inc. acquired 51.04% of Euroholdings shares, strengthening the shareholder base alongside the Pittas family [5]. Operational Metrics - An average of 2.0 vessels were owned and operated during the second quarter of 2025, compared to 3.0 vessels in the same period of 2024 [10]. - Total daily vessel operating expenses averaged $11,296 per vessel per day, up from $6,349 in the same quarter of 2024, mainly due to increased general and administrative expenses [9]. Fleet Profile - Euroholdings operates a fleet of 2 feeder container carriers with a total carrying capacity of 3,171 TEU [58]. - The average time charter equivalent rate for the first half of 2025 was $16,158 per day, compared to $15,084 in the same period of 2024 [16].