2026 COMPANY OVERVIEW Table of Contents | SECTION | SLIDE NO. | | | --- | --- | --- | | History and Business Overview | | 4 | | Railcar Leasing Business Model | | 14 | | Rail North America | | 21 | | Rail International | | 39 | | Engine Leasing | | 49 | | Trifleet | | 54 | | Financial Highlights | | 57 | | Reconciliation of Non-GAAP Measures | | 63 | 2 Forward-Looking Statements Statements in this presentation not based on historical facts are "forward-looking statements" within the meaning of the Private S ...

KNOT Offshore Partners (NYSE:KNOP) Q4 2025 Earnings call March 26, 2026 09:30 AM ET Speaker3Ladies and gentlemen, thank you for joining us and welcome to the KNOP's fourth quarter 2025 earnings call. After today's prepared remarks, we will host a question and answer session with an opportunity for equity research analysts to ask questions. If you'd like to ask a question, please raise your hand. If you have dialed into today's call, please press star nine to raise your hand and star six to unmute when promp ...

Miami, FL, March 26, 2026 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a leading digital energy and infrastructure company, today announced that it has entered into privately negotiated repurchase agreements with certain holders of its outstanding 0.00% Convertible Senior Notes due 2030 (the “2030 Notes”) and 0.00% Convertible Senior Notes due 2031 (the “2031 Notes” and, together with the 2030 Notes, the “Notes”) to repurchase approximately $367.5 million in aggregate pr ...

Epsilon Energy (NasdaqGM:EPSN) Q4 2025 Earnings call March 25, 2026 11:00 AM ET Company ParticipantsAndrew Williamson - CFOHenry Clanton - COOJason Stabell - CEOConference Call ParticipantsAnthony Perala - Senior Research AnalystOperatorGood morning, everyone, and welcome to the Epsilon Energy 2025 year-end earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presen ...

Netflix (NASDAQ: NFLX) surprised many investors after it walked away from its proposed acquisition of Warner Bros. Discovery's studio and streaming business, ending what could have been one of the biggest deals in entertainment history. On paper, the opportunity looked compelling. Warner would have added HBO, major film and TV franchises, and a deep content library to Netflix's platform. But instead of chasing scale, Netflix chose to remain disciplined in its capital allocation. Will AI create the world's ...

Sims (OTCPK:SMSM.Y) 2026 Investor Day March 24, 2026 09:00 AM ET Company ParticipantsChris Cicconi - Chief Commercial Officer of NAMMark Sweetman - CFORob Thompson - PresidentRyan Smith - COO of NAMStephen Mikkelsen - CEOTyler Adams - COOConference Call ParticipantsNone - AnalystNone - AnalystStephen MikkelsenWell, good morning, everyone, and welcome to Houston. Today is gonna be a challenging day. The wait times at the airport are four and a half hours. We've done a slight alteration to today's schedule. P ...

 Montreal, Quebec — TheNewswire — March 20, 2026 — Sama Resources Inc. ("Sama" or the “Company”) (TSXV: SME | OTC-PK: SAMMF) announces that it has sold all of its remaining common shares of Falcon Energy Materials plc ("Falcon") (TSXV: FLCN | OTCQB: FLCNF), in accordance with National Instrument 62-103 — The Early Warning System and Related Take-Over Bid and Insider Reporting Issues ("NI 62-103"). BackgroundSama was previously a significant shareholder of Falcon.  As a result of the closing of Falcon's non ...

Core Insights - Ironvine Capital Partners emphasizes that long-term equity returns are driven by underlying earnings growth, with portfolio businesses increasing earnings by 12% to 16% in 2025 and compounding profits at approximately 15% to 18% annually over the past nine years [1] - The firm anticipates another year of mid-teens earnings growth in 2026, supported by competitive advantages, reinvestment opportunities, and industry tailwinds [1] - The Ironvine Concentrated Equity Composite returned 11.27% in 2025, while the Ironvine Core Equity Composite gained 9.68%, compared to the S&P 500 Index's return of 17.88% [1] Portfolio Highlights - Major portfolio holdings are benefiting from trends in cloud computing, aerospace maintenance, datacenter and semiconductor growth linked to artificial intelligence, resilient credit markets, digitization of payments, and demand for enterprise software and risk-management services [1] - Berkshire Hathaway Inc. (NYSE:BRK-B) is highlighted as a key stock, with a one-month return of -3.36% and a market capitalization of approximately $1.04 trillion as of March 19, 2026 [2] - Berkshire's new CEO, Greg Abel, faces challenges in managing the company's cash and equity portfolio, especially as shares are not undervalued compared to previous years [3]

Financial Data and Key Metrics Changes - In Q3, revenues were $329.1 million, down from $335.4 million in the prior year period, reflecting a decrease of approximately 1% [20] - Adjusted operating loss was $24.3 million compared to $20.9 million in the prior year, while adjusted EBITDA was approximately break even compared to $6 million in the prior year [20] - Net loss was $3.5 million compared to a net loss of $1.3 million in the prior year period, with adjusted loss per diluted share increasing to $0.15 from $0.05 [21] Business Line Data and Key Metrics Changes - Children's Book Publishing and Distribution revenues decreased 3% to $197.6 million, with adjusted operating profit improving to $8.9 million from $7.6 million [21] - Book Fairs revenue increased 2% to $113.3 million, driven by higher revenue per fair, while Book Clubs revenues were relatively flat at $14.6 million [22] - Trade Publishing revenues were $69.7 million, down 10% from $77.4 million, reflecting the timing of major releases [23] - Entertainment segment revenues increased by $3.2 million to $16 million, driven by increased episodic deliveries [23] - Education segment revenues were $56.1 million, down 2% from $57.2 million, but adjusted operating loss improved to $5.2 million from $6.9 million [25] Market Data and Key Metrics Changes - International segment revenues were $58.7 million, down from $59.3 million, with a decline primarily driven by publication timing [26] - Demand for English language learning materials continues to expand globally, representing a long-term opportunity [18] Company Strategy and Development Direction - The company completed sale leaseback transactions generating over $400 million in net proceeds, optimizing the balance sheet and enhancing shareholder value [4] - A new $300 million share repurchase authorization was announced, including a $200 million modified Dutch auction tender offer [5] - The company aims to return to growth in the education segment by fiscal 2027, focusing on aligning products with district and school needs [17] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed fiscal 2026 adjusted EBITDA guidance of $146 million-$156 million, despite the impact of sale leaseback transactions [31] - The company expects a return to profitability in Q4, driven by improved performance in Book Fairs and Education segments [32] - Management expressed confidence in achieving a 2% revenue growth target for Q4, supported by positive trends in Book Fairs and education solutions [37][38] Other Important Information - The company established long-term net leverage targets of 2-2.5 times Adjusted EBITDA, balancing balance sheet strength with growth investments [28] - Free cash flow in Q3 was $407 million, reflecting proceeds from sale leaseback transactions [27] Q&A Session Summary Question: Confidence in achieving 2% growth target for Q4 - Management indicated that Book Fairs are a major factor for revenue growth, with positive initial indications [37] Question: Sales pipeline for education solutions - Management expects strong performance in summer reading and other educational products, with improving sales pipeline each quarter [42] Question: Adjusted EBITDA guidance for Q4 - Management expressed confidence in achieving the guidance due to cost mitigation actions and the typical profitability of Q4 [46] Question: Performance of the entertainment segment - Management noted an increase in green lighting activity and expects steady growth in the entertainment market [48] Question: Revenue guidance adjustment for the year - Management clarified that the adjustment was related to trade dynamics and not solely the education segment [60]

Financial Data and Key Metrics Changes - In Q3 2026, revenues were $329.1 million, down from $335.4 million in the prior year, reflecting a decrease of approximately 1% [20] - Adjusted operating loss was $24.3 million compared to $20.9 million in the prior year, while adjusted EBITDA was approximately break-even compared to $6 million in the prior year [20][21] - Net loss increased to $3.5 million from $1.3 million in the prior year, with adjusted loss per diluted share rising to $0.15 from $0.05 [21] Business Line Data and Key Metrics Changes - Children's Book Publishing and Distribution revenues decreased 3% to $197.6 million, with adjusted operating profit improving to $8.9 million from $7.6 million [21] - Book Fairs revenue increased 2% to $113.3 million, driven by higher revenue per fair, while Book Clubs revenues were relatively flat at $14.6 million [22] - Trade Publishing revenues fell 10% to $69.7 million, impacted by the timing of major releases compared to the prior year [22] Market Data and Key Metrics Changes - International segment revenues were $58.7 million, down from $59.3 million a year ago, with a decline attributed to publication timing [25] - The Australian and UK markets showed strong contributions, benefiting from operational improvements [18] Company Strategy and Development Direction - The company completed a sale leaseback transaction generating over $400 million in net proceeds, aimed at optimizing the balance sheet and enhancing shareholder value [4][19] - A new $300 million share repurchase authorization was announced, including a $200 million modified Dutch auction tender offer [5][29] - The company aims to stabilize its education segment and return to growth in fiscal 2027, focusing on aligning products with district and school needs [15][17] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed fiscal 2026 adjusted EBITDA guidance of $146 million to $156 million, despite the impact of the sale leaseback transactions [31] - The company expects a return to profitability in Q4, driven by improved performance in Book Fairs and Education segments [32] - Management expressed confidence in achieving revenue growth in the fourth quarter, particularly from Book Fairs, while acknowledging challenges in the Trade segment due to prior year comparisons [36][38] Other Important Information - The company established long-term net leverage targets of 2-2.5 times Adjusted EBITDA, balancing growth investments with shareholder returns [28] - Free cash flow in Q3 was $407 million, reflecting proceeds from the sale leaseback transactions [27] Q&A Session Summary Question: Confidence in achieving 2% growth in Q4 - Management highlighted Book Fairs as a major growth factor, with positive initial indications for the quarter [36][37] Question: Sales pipeline for education solutions - Management expects strong performance in summer reading and other educational products, with improving sales pipeline trends [40][43] Question: Adjusted EBITDA guidance for Q4 - Management expressed confidence in achieving the guidance due to cost mitigation actions and the seasonal nature of the business [45][47] Question: Performance of the entertainment segment - Management noted an increase in green lighting activity and anticipated steady growth in the entertainment segment [48][49]