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Neogen(NEOG) - 2026 Q2 - Earnings Call Presentation
2026-01-08 13:00
Financial Performance - Neogen's core revenue increased by 2.9% year-over-year[9] - Adjusted EBITDA margins improved sequentially by 470 bps to 21.7%[9] - Q2 FY26 revenue reached $224.7 million[19] compared to $209.2 million in Q1 FY26 and $231.3 million in Q2 FY25[19] - Adjusted EBITDA for Q2 FY26 was $48.7 million with a margin of 21.7%[20], compared to $35.5 million with a margin of 17.0% in Q1 FY26 and $51.4 million with a margin of 22.2% in Q2 FY25[20] - Adjusted Net Income for Q2 FY26 was $22.6 million[21], or $0.10 per share[21], compared to $9.4 million[21], or $0.04 per share in Q1 FY26[21], and $24.4 million[21], or $0.11 per share in Q2 FY25[21] Segment Performance - Food Safety core revenue grew by 4.1%[23] - Animal Safety core revenue grew by 0.1%[23] Balance Sheet and Capital Allocation - Net debt is $655 million[26] - Debt is 68% fixed[26] - Q2 Free Cash Flow improved by $21 million compared to Q1[28] FY2026 Outlook - Total revenue is projected to be between $845 million and $855 million[32] - Adjusted EBITDA is expected to be approximately $175 million[32] - Capital expenditures are estimated at around $50 million[32] - The effective tax rate is projected at 21%[32]
Prairie Provident Resources Announces Operations Update
Globenewswire· 2026-01-07 23:30
Core Viewpoint - Prairie Provident Resources Inc. has provided an operational update on its drilling program, highlighting successful drilling activities and production challenges in its Princess and Michichi areas. Group 1: Drilling and Production Updates - The company successfully drilled and completed one Ellerslie multi-leg open hole horizontal well, 102/03-24-018-11W4M, in the Princess core area, with initial production rates of 131 bbl/d of crude oil and 685 Mcf/d of natural gas, leading to a total of 245 boe/d and a peak oil rate of 205 bbl/d [1] - Daily production from the well has increased to approximately 290 boe/d, with 185 bbl/d of heavy oil, although initial production was constrained due to limitations on natural gas takeaway volumes [2] - The company has installed a water disposal facility at 10-23-018-11W4M, which is expected to save approximately $600,000 annually by eliminating produced water trucking and third-party disposal charges [3] Group 2: Challenges and Future Plans - In the Michichi area, two one-mile Basal Quartz horizontal wells were drilled, but both encountered production casing failures during cementing operations, attributed to geo-mechanical factors [4] - The company believes the wells 03-30-30-18W4M and 02-30-30-18W4M are unlikely to be salvageable in their current configuration and is assessing the impact of these events on future drilling designs [5]
Boyd Group Services Inc. Announces Regulatory Approval of the Joe Hudson's Collision Center Acquisition; Closing Expected on January 9, 2026
Prnewswire· 2026-01-07 23:15
WINNIPEG, MB, Jan. 7, 2026 /PRNewswire/ - Boyd Group Services Inc. (TSX: BYD) (NYSE: BGSI) ("BGSI", "the Boyd Group", "Boyd" or "the Company") today announced an update on the acquisition of Joe Hudson's Collision Center, the definitive agreement having been previously announced on October 29, 2025. Regulatory requirements have been satisfied and as a result, the Company intends to announce the closing of the acquisition on January 9, 2026. About Boyd Group Services Inc. Boyd Group Services Inc. is a Canad ...
Golden Cariboo Summarizes 2025 Mineral Exploration at the Quesnelle Gold Quartz Mine Property
Thenewswire· 2026-01-07 08:05
Core Viewpoint - Golden Cariboo Resources Ltd. is advancing its exploration efforts at the Quesnelle Gold Quartz Mine Property, with a focus on expanding gold mineralization and preparing for an ambitious exploration strategy in 2026 [1][4]. Exploration Program Summary - The 2025 exploration program included a two-phase drill program that commenced in April 2025, focusing on the Halo zone and testing geochemical and structural targets [2]. - A total of 1,729.79 meters (5,675 feet) were drilled in eight NQ-sized surface diamond drill holes, with drilling suspended on December 18, 2025, to resume in early 2026 [2]. - Key highlights from the drilling include ongoing sample analysis and logging of drill holes, with plans to continue drilling in January 2026 [3]. Future Plans - The company is preparing a robust exploration strategy for 2026, intending to significantly scale up drilling and trenching activities across its 94,899 hectare (234,501 acre) mineral land package [4]. - The exploration strategy aims to enhance the understanding of the district-scale geology and further investigate the northern extension of the Halo zone and down dip mineralization [2][4]. Technological Implementation - PhotonAssay™ technology was utilized in the assay protocol, resulting in a verified increase in gold grades by 5.9% compared to traditional fire assay methods [6]. - The company has engaged MSALABS in Prince George, B.C. to expedite assay results using PhotonAssay™ technology for gold and silver [6]. Geological Context - The Quesnelle Gold Quartz Mine property is located in a historically rich gold mining area, with over 101 placer gold creeks recorded along a 90-kilometer (56-mile) trend [7]. - The geological setting of the property shows strong similarities to the Spanish Mountain gold deposit, which is part of a significant subclass of gold deposits [8].
AerCap Holdings N.V. Announces Pricing of $1.75 Billion Aggregate Principal Amount of Senior Notes
Prnewswire· 2026-01-06 21:09
DUBLIN, Jan. 6, 2026 /PRNewswire/ -- AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust (together, the "Issuers"), each a wholly-owned subsidiary of AerCap Holdings N.V. ("AerCap" or the "Company"), priced an offering of senior notes, consisting of $900 million aggregate principal amount of the Issuers' 4.125% Senior Notes due 2029 (the "2029 Notes") and $850 million aggregate principal amount of the Issuers' 4.750% Senior Notes due 2033 (the "2033 Notes" and, together with ...
Nexcel Files Preliminary Short Form Base Shelf Prospectus
TMX Newsfile· 2026-01-06 13:00
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2026) - Nexcel Metals Corp. (CSE: NEXX) (OTCQB: NXXCF) (FSE: 2OH) ("Nexcel" or the "Company") is pleased to announce that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada.Nexcel has filed this preliminary base shelf prospectus in order to provide the Company with greater financial flexibility going forward but has not entered into any agreements ...
SL Green and Rockpoint Announce Joint Venture for Ownership of 100 Park Avenue
Globenewswire· 2026-01-06 12:30
Core Viewpoint - SL Green Realty Corp. and Rockpoint have formed a joint venture for the ownership of 100 Park Avenue, with SL Green selling a 49% interest at a gross asset valuation of $425 million, highlighting the strength of high-quality office assets in Manhattan's improving market [1][2]. Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and a fully integrated real estate investment trust (REIT) focused on acquiring, managing, and maximizing the value of Manhattan commercial properties. As of September 30, 2025, SL Green held interests in 53 buildings totaling 30.7 million square feet, including 27.1 million square feet of Manhattan buildings [5]. - Rockpoint is a real estate private equity firm that employs a fundamental value approach to investing, targeting select product types and markets throughout the U.S. The firm has sponsored 19 investment vehicles and has invested or committed to invest in 512 transactions with a total peak capitalization of approximately $81 billion since its inception in 1994 [6]. Investment Details - The joint venture involves 100 Park Avenue, a 36-story office tower in Midtown Manhattan, which spans 905,000 square feet and features a recently renovated amenity center. Major tenants include Alphasights and Alvarez & Marsal Holdings, with significant lease agreements signed in 2022 and 2024 [3][4]. - The transaction reflects Rockpoint's disciplined investment strategy in the office sector, marking its first significant post-COVID office investment, and is seen as an attractive opportunity given the favorable supply/demand dynamics for high-quality properties in New York [2][3].
AerCap Leased, Purchased and Sold 705 Assets in the Full Year 2025 and 240 Assets in the Fourth Quarter 2025
Prnewswire· 2026-01-05 12:00
DUBLIN, Jan. 5, 2026 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) has announced its major business transactions during the full year and fourth quarter 2025: Full Year 2025 Transactions Signed 371 lease agreements, completed 145 purchases and 189 sale transactions. Signed financing transactions for approximately $13.2 billion. Received cash insurance proceeds of approximately $1.5 billion, which primarily included proceeds from the June 11, 2025 judgment by the London Commercial Court, in r ...
Top Ships Inc. Announces Sale of Newbuilding Mega Yacht
Globenewswire· 2025-12-31 21:30
Core Viewpoint - TOP Ships Inc. has entered into a sale agreement for a vessel-owning company, which is part of a shipbuilding contract for a new mega yacht, with a purchase price of $38.0 million and expected delivery in the second quarter of 2027 [1] Company Overview - TOP Ships Inc. is an international owner and operator of modern, fuel-efficient eco tanker vessels that transport crude oil, petroleum products, and bulk liquid chemicals [2]
Galleon Gold Completes Repurchase of Royalty on the West Cache Project
TMX Newsfile· 2025-12-31 12:30
Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - Galleon Gold Corp. (TSXV: GGO) (FSE: 3H90) (the "Company" or "Galleon Gold") is pleased to announce that it has successfully completed the repurchase of a 3% net smelter return royalty (the "Royalty") on the Company's West Cache Gold Project ("West Cache" or the "Project") from a wholly-owned subsidiary of Newmont Corporation ("Newmont") (Previously announced on October 16, 2025).Pursuant to the agreement, Galleon Gold has exercised its existing righ ...