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Wheaton Precious Metals(WPM) - 2025 Q2 - Earnings Call Presentation
2025-08-08 15:00
Financial Performance - Wheaton Precious Metals achieved record quarterly revenue of $503 million[7] - Net earnings reached $292 million[7], a 139% increase compared to Q2 2024's $122 million[27] - Adjusted net earnings were $286 million[7], a 91% increase from $150 million in Q2 2024[27] - Operating cash flow amounted to $415 million[7], a 77% increase compared to $234 million in Q2 2024[27] - The company declared a quarterly dividend of $0165 per common share, a 65% increase relative to Q3 2024[9] Production and Operations - Salobo's attributable gold production increased by approximately 10% relative to Q2 2024, producing over 69400 ounces of gold[14] - Antamina's attributable silver production increased by 31% compared to Q2 2024, delivering 13 million ounces of silver[14] - The company anticipates achieving its 2025 production guidance of 600000 to 670000 gold equivalent ounces[17] Sustainability and Corporate Development - Wheaton Precious Metals was recognized among the top 10 companies on Corporate Knights' annual Best 50 Corporate Citizens in Canada[11] - The company published its 2024 Sustainability and Climate Change reports[11]
Casella Waste Systems, Inc. Announces First Quarter 2025 Results
Globenewswireยท 2025-05-01 20:05
Core Insights - Casella Waste Systems, Inc. reported a strong first quarter for 2025, with revenue and Adjusted EBITDA both increasing over 20% year-over-year, indicating successful execution of operating and growth strategies [3][4] - The company maintained its guidance for the year despite economic uncertainties, highlighting confidence in its pricing programs and growth initiatives [3][12] - Acquisitions remain a strategic priority, with four businesses acquired year-to-date, contributing approximately $50 million in annualized revenue [3][4] Financial Performance - Revenues for Q1 2025 were $417.1 million, up $76.1 million or 22.3% from Q1 2024, driven by acquisitions, price growth, and strong performance in National Accounts [4][8] - Adjusted EBITDA for the quarter was $86.4 million, reflecting a 21.7% increase from the previous year, supported by both acquisition contributions and organic growth [7][8] - The net loss for the quarter was $(4.8) million, compared to $(4.1) million in Q1 2024, primarily due to higher depreciation and amortization expenses [6][8] Pricing and Volume Trends - Solid waste pricing increased by 5.6%, with collection pricing up 5.8% and disposal pricing up 5.5% during the quarter [3][8] - Collection volume experienced a slight decline of 1.7%, attributed to weakness in the roll-off business and lighter transfer station volumes, although landfill tons increased by 3.9% [3][8] Cash Flow and Liquidity - Net cash provided by operating activities was $50.1 million for the quarter, significantly up from $7.7 million in Q1 2024, driven by higher Adjusted EBITDA and lower cash interest payments [10][8] - Adjusted Free Cash Flow for the quarter was $29.1 million, a substantial increase from $(2.4) million in the same period last year [10][8] Fiscal Year 2025 Outlook - The company reaffirmed its fiscal year 2025 guidance, estimating revenues between $1.775 billion and $1.805 billion, with Adjusted EBITDA projected between $410 million and $425 million [17][12] - The guidance includes the impact of acquisitions completed to date but does not account for any uncompleted acquisitions [12][17]