Core Viewpoint - BOC Aviation (BOCA) demonstrated steady business growth in 2Q25, signing 18 lease commitments and delivering 13 aircraft, indicating resilience in the global airline industry despite uncertainties related to US tariffs [1][2]. Business Performance - BOCA reported 18 lease commitments in 2Q25, an increase from 16 in 1Q25 but a decrease from 24 in 2Q24 [2]. - The company delivered 13 aircraft in 2Q25, compared to 11 in 1Q25 and 13 in 2Q24 [2]. - The customer base consisted of 92 airlines across 45 countries and regions in 2Q25, down from 93 airlines in 48 countries in 1Q25 [2]. Fleet and Utilization - Owned aircraft utilization reached 100% at the end of June 2025, consistent with 100% at the end of March 2025 and an increase from 99% at the end of December 2024 [3]. - The average fleet age was reported at 5.0 years in 2Q25, slightly improved from 5.1 years in 1Q25, with an average remaining lease term of 7.9 years [3]. Industry Outlook - The global airline industry is expected to continue improving in 2H25, which is anticipated to positively impact BOCA's operations [1]. - BOCA is projected to report positive earnings growth in 2025, supported by steady growth in the global airline industry [1][4]. Valuation - BOCA is positioned as a geared beneficiary of the steady growth in the global airline industry, with a solid business model and an expected dividend yield of approximately 3.7% in 2025 [4]. - The target price for BOCA is maintained at HK$83.84, based on a 1.1x 2025E P/B ratio [4].

The Zacks Automotive - Retail and Wholesale - Parts industry is holding up well, thanks to a mix of supportive trends. With many Americans opting to extend the life of their cars, the aging fleet continues to act as a tailwind for the industry’s long-term expansion. At the same time, vehicles are getting more complex, pushing many drivers to rely on professionals, thus giving a lift to the DIFM segment. Parts retailers are also expanding aggressively and going digital to better serve customers and drive eff ...

Key Takeaways NFLX expects Q2 revenue of $11.04B and EPS of $7.03, up 15.4% and 44.1% year-over-year, respectively. The stock trades at 49.62x forward earnings, well above its industry average of 35.79x. Nearly half of new signups are from NFLX's ad tier, fueling ad sales and long-term revenue growth.Netflix, Inc. (NFLX) is set to report second-quarter earnings on Thursday, after market close. Will the results boost the stock price, and is it a good time to buy?  Let’s dive in.   What Will Happen to Netfl ...

Investment Ratings - The report maintains an "Overweight" (OW) rating on 37IE, an "Equal Weight" (EW) rating on G-bits, and an "Equal Weight" (EW) rating on Perfect World [1][3][4]. Core Insights - China's game industry has experienced high-teens percentage revenue growth year-to-date, surpassing the previous year's growth of 8%, indicating improved demand despite macroeconomic challenges [2]. - The report highlights successful new game releases and the stabilization of evergreen games as key factors driving the rebound in performance for 37IE, G-bits, and Perfect World [2][10]. Summary by Company 37IE - The price target is set at Rmb23.00, reflecting a 15x 2026 estimated P/E ratio, with an attractive 6% dividend yield [3][17]. - Anticipated revenue growth is supported by new titles such as "Soul Land," expected to generate Rmb300-500 million in its first month and Rmb1.5-2 billion overall in 2025 [16][17]. - The company has a robust pipeline with over 40 self-developed and licensed games, indicating sustained growth momentum [16][34]. Perfect World - The price target is raised to Rmb16.30, based on an 18x 2026 estimated P/E ratio, reflecting strong growth expectations driven by the anticipated title "Neverness to Everness" [4][29]. - The company is expected to see an 18% year-over-year revenue growth in 2025, with significant contributions from new titles [28][32]. - The release of "Zhuxian 2" on August 7 is also expected to be a key growth driver [4][31]. G-bits - The price target is increased to Rmb330, derived from a 15x 2026 estimated P/E ratio, reflecting a busy 2025 but a slower 2026 due to a weaker pipeline [5][22]. - Revenue growth is projected at 22% and 29% quarter-over-quarter and year-over-year in 2Q25, driven by new titles [20][22]. - The company is expected to experience alternating busy and slow product years, with 2025 being particularly strong [18][22].

NORWOOD, Mass., July 08, 2025 (GLOBE NEWSWIRE) -- MariMed Inc. (“MariMed” or “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading cannabis consumer packaged goods company and retailer, announced today it will report second quarter 2025 financial results on August 6, 2025 after the markets close. Management will host a conference call on August 7, 2025 at 8:00 a.m. EDT to discuss financial results. A webcast will be available and can be accessed via MariMed’s Investor Relations website at MariMed Q2 2025 Earnings ...

INVESTOR PRESENTATION NASDAQ: TBCH | MARCH 2025 SAFE HARBOR STATEMENT & IMPORTANT INFORMATION Forward-Looking Information and Statements This presentation, including the appendix, includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future event ...

Zoetis Inc. (NYSE:ZTS) William Blair 45th Annual Growth Stock Conference June 3, 2025 11:40 AM ET Company Participants Wetteny Joseph - CFO Conference Call Participants Brandon Vazquez - William Blair Brandon Vazquez Right. Good morning, everyone. My name is Brandon Vazquez. I am the research analyst here at William Blair that covers Zoetis. I'm required to inform you that a complete list of research disclosures of potential conflicts of interest, please visit our website at williamblair.com. So we have her ...

Core Insights - Tongcheng Travel reported a revenue of Rmb4.38 billion in 1Q25, representing a 13% year-over-year increase, and an adjusted net profit of Rmb788 million, up 41% year-over-year, exceeding expectations due to a higher-than-expected core OTA operating profit margin [1] - The company raised its 2025 EPS forecast from Rmb1.38 to Rmb1.41, while maintaining forecasts for 2026 and 2027 at Rmb1.57 and Rmb1.74 respectively, and increased the target price from HK$24.8 to HK$26.5, indicating a 21% upside potential [1] Domestic Operations - In 1Q25, core OTA revenue increased by 18% year-over-year, with accommodation reservation revenue up 23% and transportation ticketing revenue rising 15% [2] - Monthly paying users (MPUs) grew by 9% year-over-year to 46.5 million, and annual paying users (APUs) increased by 8% year-over-year to 250 million, both reaching historical highs [2] - The domestic hotel take rate is expected to rise by 0.5 percentage points quarter-over-quarter to 9.5-10% in Q2, driven by reduced subsidies [2] - Hotel average daily rate (ADR) growth is anticipated to turn positive in 2Q25, with an upward trend in the proportion of three-star and above hotels on the platform [2] Outbound Travel Business - The outbound travel business is projected to turn from loss to profit in 2025, with outbound flight tickets contributing approximately 5% to transportation revenue in 1Q25 [2] - By the end of the year, outbound flight tickets and hotels are expected to contribute more than 7% to flight and hotel revenue, with the loss from outbound flight tickets decreasing quarter-over-quarter [2] Investment Outlook - The company maintains a Buy rating, reflecting optimism about the growth certainty of the online travel industry and the stability of its competitive landscape [3] - Improvements in marketing efficiency and the expansion of outbound travel are expected to enhance margins, while the hotel management business is poised to provide additional growth drivers [3]

Financial Data and Key Metrics Changes - Reservoir Media reported a 10% year-over-year increase in revenue for fiscal year 2025, reaching $158.7 million, exceeding guidance [18] - Adjusted EBITDA for the fiscal year increased by 18% to $65.7 million, driven by higher gross margins and improved operating leverage [19] - Net income for fiscal year 2025 was $7.7 million, compared to $0.8 million in the previous year, resulting in diluted earnings per share of $0.12 [20] Business Line Data and Key Metrics Changes - The Music Publishing segment generated revenue of $27.9 million in Q4 2025, a 6% increase year-over-year, with synchronization revenue up 51% [21] - The Recorded Music segment saw revenue of $12 million in Q4 2025, a 7% increase, with digital revenue rising 19% [22] - For the full year, Music Publishing revenue rose 12%, while Recorded Music revenues increased by 4% [23][24] Market Data and Key Metrics Changes - The company is focusing on emerging markets, particularly India and the Middle East, where significant growth opportunities exist due to rising internet connectivity and listenership [11][12] - India is projected to grow at a 13% CAGR through 2027, presenting a substantial opportunity for expanding the company's international roster [13] Company Strategy and Development Direction - The company aims to build scale through portfolio-accretive mergers and acquisitions and long-term value-additive signings [27] - Reservoir Media is committed to organic growth and has the necessary rights and infrastructure to market its portfolio aggressively [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the music industry's resilience against macroeconomic headwinds, highlighting strong demand for their catalog [27] - The company anticipates continued strong results in fiscal year 2026, with revenue guidance set between $164 million and $169 million [26] Other Important Information - The company closed the fiscal year with total liquidity of $79.6 million and total debt of $388.1 million [25] - Reservoir Media's strategic capital deployment included over $15 million towards acquisitions and advances [6] Q&A Session Summary Question: Are you seeing markedly better ROIs in international geographies? - Management noted better opportunities and higher ROIs in emerging markets like India and the Middle East due to less competition [30] Question: How do you look at revenue seasonality in 2026? - Management expects a return to a more regular cadence, with the second and fourth quarters likely being slightly higher than the first and third [31] Question: Can you talk about your hedging strategy regarding interest rates? - The company is currently hedged at $150 million and is evaluating the need for additional hedges due to recent volatility [32] Question: How much capital are you targeting to deploy in 2026? - Management indicated that capital deployment will be opportunistic, depending on available deal flow [33] Question: Can you clarify the $150 million figure mentioned for capital deployment? - The $150 million figure refers to the total for the year, not just the fourth quarter [40] Question: How does the growth rate in India compare to other regions? - The growth rate in India is significant due to its large population and potential for converting users to paying subscribers, unlike more saturated markets like the US [42] Question: What is the expected organic growth rate for the current catalog? - Management indicated that while they have had hits, they do not project another hit in fiscal year 2026, leading to a more conservative guidance [48]

Lam Research (LRCX) FY 2025 Conference May 28, 2025 10:00 AM ET Speaker0 I cover The US semiconductor and semi cap space here at Bernstein. And it's my great honor to introduce our guest, the president and CEO of GLAM Research. I'm mister Tim Archer. Before I start, I wanna mention thank you. Before I start, I wanna mention, if you have questions you'd like me to ask during the presentation, you have a link to the pigeonhole form where you can submit those. We will have time for q and a at the end. Now look ...