Financial Performance & Outlook - Q1 Fiscal 2026 net sales revenue was $371.7 million, a decrease of 10.8% compared to $416.8 million in Q1 FY25[37] - Adjusted diluted EPS declined 58.6% to $0.41, compared to $0.99 in Q1 FY25[37] - The company expects Q2 Fiscal 2026 net sales to be in the range of $408 million to $432 million, a decline of 14.0% to 8.9%[57] - Adjusted diluted EPS for Q2 Fiscal 2026 is projected to be $0.45 to $0.60, a decline of 62.8% to 50.4%[57] Tariff Impact & Mitigation - Tariff-related impacts accounted for approximately 8 percentage points of the 10.8% consolidated revenue decline in Q1[32] - The company now believes it can reduce its FY26 net tariff impact on operating income to less than $15 million based on tariffs currently in place[34] - The company plans to diversify its supply chain outside of China to mitigate tariff risks, aiming for approximately 25% of consolidated Cost of Goods Sold (COGS) by the end of Fiscal 2026[53] Business Segment Performance - Beauty & Wellness FY25 net sales were $1,001.3 million[20] - Home & Outdoor FY25 net sales were $906.3 million[20] - Excluding Olive & June, net sales decreased by 17.3% with ~45% of the organic revenue decline driven by tariff-related trade disruptions[37]

Financial Performance - 2017 Results - FY 2017 net income was $381 million, or $1.23 per share[10], while adjusted net income was $682 million, or $2.20 per share[10] - In Q4 2017, net income was $77 million, or $(0.25) per share[10], compared to adjusted net income of $188 million, or $0.61 per share[10] - Capital investments increased by 18% to $2.3 billion in 2017[12] - AVANGRID is planning to increase dividend in 2018 consistent with 65%-75% payout target[12] Business Segment Performance - Networks FY 2017 net income was $496 million, and adjusted net income was $507 million, a 5% increase year-over-year[41] - Renewables FY 2017 net income was $333 million, and adjusted net income was $120 million, a 19% increase year-over-year[45] - Corporate FY 2017 net income was $60 million, and adjusted net income was $55 million[48] Renewables Operational Data - Installed renewables capacity increased to 6,495 MW, with 411 MW under construction[51] - The average load factor for renewables decreased by 3% to 29% in both 4Q 2017 and FY 2017[55] - Wind production increased by 5% to 3,881 GWh in 4Q 2017 and by 2% to 14,708 GWh in FY 2017[104] Financial Position - Net debt was $6.321 billion[72, 93] - FFO/Net Debt was 29.1%[72, 95] 2018 Outlook - AVANGRID EPS guidance is $2.16 - $2.46, and adjusted EPS guidance is $2.22 - $2.50[29]

Record Power Product Sales for Data Centers for Quarter and Full YearPositive Free Cash Flow for Quarter; Highest Quarter Since Fiscal 2023Total and Net Debt Reduced from Fiscal 2025 Third QuarterFiscal 2026 EBITDA Expected to Improve Over 100%Corporate Actions AnnouncedBoard of Directors Declares Quarterly Dividend of $0.07 CHICAGO, July 09, 2025 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, lighting, and power distri ...

Financial Performance - Q1 2025 revenue reached $239.1 million[12] - Q1 2025 unlevered free cash flow was $86.8 million[12] - Q1 2025 non-GAAP gross margin was 82%[12] - Q1 2025 recurring revenue was 96%[12] - The company forecasts revenue between $970 million and $980 million for the full year 2025[52] - The company forecasts unlevered free cash flow between $265 million and $275 million for the full year 2025[52] Market Position and Growth - The company is a category leader in Exposure Management[11] - The company has approximately 44,000 customers[12] - The company is ranked 1 in market share in Vulnerability Management[12, 23] - The total addressable market for cyber exposure is estimated at $33 billion with an 18% CAGR[29]

Financial Performance & Growth - FY21 sales reached over $1.3 billion, with a 20.7% sales growth[14] - FY21 Adjusted EBITDA was $271 million, reflecting a 48.0% growth[14] - First half of Fiscal Year 2022 (1H22) sales were $413 million, a 22% increase[26] - 1H22 Adjusted EBITDA grew by 5.5% to $10 million, with an Adjusted EBITDA margin of 2.4%[26] - The company revised its Fiscal Year 2022 sales guidance to $1.575 billion - $1.610 billion, representing a 17%-20% growth[30] - Revised Fiscal Year 2022 Adjusted EBITDA guidance is $315 million - $330 million, a 16%-22% increase[30] Strategic Initiatives & Market Position - The U.S pool & spa aftermarket opportunity is estimated at $14 billion[21] - The company operates 970 locations across 39 states[23, 29] - Digital properties capture 60% of specialty direct-to-consumer pool traffic[23] - The PRO business grew by 27% in 1H22 and accounts for approximately 15% of Last Twelve Months (LTM) total sales[29]

Financial Performance - Full Year 2013 - Record operating profit margin was reported at 14.3%, with an adjusted margin of 15.0%[4] - Record cash flow from operations reached $339 million[4] - Record EPS was reported at $3.54, with an adjusted EPS of $3.77[4] - The company achieved a solid ROIC of 18.9%[4] - A record $217 million was returned to shareholders through share repurchases and dividends[4] - Net sales remained relatively flat year-over-year at approximately $2.853 billion[5] Financial Performance - Q4 2013 - Net sales increased by 4.4% year-over-year to $714.8 million[11] - Operating income increased significantly by 38.7% year-over-year to $118.9 million[11] - Net income increased by 42.3% year-over-year to $88.3 million[11] - Diluted EPS increased by 44.6% year-over-year to $1.07[11] Capital Allocation - Dividends for FY2013 totaled $49 million, with a 15% increase announced for 2014[28, 30] - Share repurchases for FY2013 increased by 107% to $168 million[28, 30] - Capital expenditures for FY2013 increased by 43% to $76 million, driven by the Venezuela facility purchase[28, 30] Segment Performance - Q4 2013 - Americas net sales were $410 million, a 4.4% increase year-over-year, with an adjusted EBIT margin of 19.2%[13] - Europe, Middle East, and Africa net sales were $111.9 million, a 4.1% increase year-over-year, with an adjusted EBIT margin of 6.9%[15] - Asia Pacific net sales were $63.2 million, a 10.0% decrease year-over-year, with an adjusted EBIT margin of -0.2%[17] - South America net sales were $63.3 million, a substantial 58.5% increase year-over-year, with an adjusted EBIT margin of 39.8%[19] - The Other segment net sales were $66.4 million, a 10.3% decrease year-over-year, with an adjusted EBIT margin of 9.3%[20]

Core Insights - Enovix Corporation reported preliminary financial results for Q2 2025, achieving revenue of $7.5 million, exceeding guidance and nearly doubling from Q2 2024, driven by strong customer demand [1][6] - The company has achieved positive gross profit for three consecutive quarters, with GAAP gross profit of $0.8 million and non-GAAP gross profit of $1.2 million [1][6] - Enovix is positioned for significant scaling as new products and customers come online, indicating a positive outlook for future growth [1][2] Financial Performance - Revenue for Q2 2025 was $7.5 million, surpassing the guidance range of $4.5 million to $6.5 million, and nearly double the revenue of $3.8 million in Q2 2024 [6] - GAAP Gross Profit was $0.8 million, while non-GAAP Gross Profit was $1.2 million, compared to a GAAP gross loss of $0.7 million in Q2 2024 [6][12] - GAAP Operating Loss was $43.8 million, and non-GAAP Operating Loss was $27.8 million, both better than the guidance range of $31 million to $37 million [6][20] - GAAP Net Loss attributable to Enovix was $43.3 million, an improvement from $115.9 million in Q2 2024, while non-GAAP Net Loss was $28.4 million, compared to $24.9 million in the same period last year [6][23] - Adjusted EBITDA Loss narrowed to $21.4 million, ahead of guidance and improved from $26.4 million in Q2 2024 [6][18] Cash Position - As of June 29, 2025, Enovix had approximately $203 million in cash, cash equivalents, and short-term investments, following the completion of the SolarEdge asset acquisition in South Korea [6]

Financial Performance & Growth - Synovus' diluted Earnings Per Share (EPS) increased from $189 in 2016 to $399 in Q1 2019, representing a 26% Compound Annual Growth Rate (CAGR)[39] - Adjusted Return on Average Tangible Common Equity (ROATCE) increased by 860 basis points from 852% in 2016 to 1752% in Q1 2019[39] - Synovus is targeting a sustained 10+% CAGR in EPS growth, with a Return on Assets (ROA) of approximately 145%, an adjusted tangible efficiency ratio of approximately 50%, and a Return on Tangible Common Equity (ROTCE) of approximately 170%[47, 48] - The company reported adjusted diluted EPS of $098 in Q1 2019, a 151% increase year-over-year[50] Merger & Acquisition - The merger with Florida Community Bank (FCB) significantly strengthens Synovus' Florida footprint, making it >1/3 of the pro forma franchise[34] - Synovus expects to surpass $30 million in FCB-related cost savings in 2019 and complete the full conversion in Q2 2019[63] - The FCB merger is projected to result in a ~17% Internal Rate of Return (IRR) and a ~17% ROATCE[124] Balance Sheet & Credit Quality - As of Q1 2019, Synovus had total assets of $47 billion and loans of $36 billion[22] - The company's loan growth in Q1 2019, including FCB, annualized to 46%, compared to a standalone Synovus loan growth of 16% in Q1 2018[128] - The Net Charge-Off (NCO) ratio was 019% in Q1 2019[55] 2019 Outlook - Synovus anticipates loan growth of 55% to 75% and revenue growth of 55% to 75% for 2019[60] - The company projects adjusted non-interest expense growth of 2% to 4% in 2019, excluding amortization of intangibles of approximately $14 million[60]

Financial Performance & Position - Synovus' total assets reached $53.0 billion[8] and loans amounted to $39.5 billion[8] as of 9/30/2020 - Deposits totaled $44.7 billion[8] and the market capitalization was $4.9 billion[8] as of 12/04/2020 - The company reported a return on average assets of 0.69% and an adjusted return on average assets of 1.05%[18,47] - YTD 3Q20 adjusted net interest income was $1,120.635 million, compared to $1,128.035 million in YTD 3Q19[10,48] - YTD 3Q20 adjusted non-interest revenue was $310.446 million, compared to $259.940 million in YTD 3Q19[10,48] Strategic Initiatives & Efficiencies - Synovus is committed to approximately $100 million run-rate benefit by year-end 2021 through Synovus Forward initiatives[38] - The company anticipates a $25 million pre-tax benefit from third-party spend optimization[32] - Customer analytics are expected to generate over $20 million in pre-tax benefits[39] - Branch and real estate optimization is projected to yield $12 million in pre-tax benefits, with 13 branch closures in 2020[39] Credit Quality & Capital - Allowance for credit losses was $665 million, representing 1.80% of loans excluding Paycheck Protection Program (PPP) loans[29] - Full principal and interest deferrals were less than 1% of total loans[29]

Financial Performance & Strategy - Synovus is focused on long-term shareholder value creation[9] - Synovus completed the transition from multiple legacy banking platforms to a singularly branded Synovus name and platform[6] - Synovus launched Synovus Forward to further optimize revenue and reduce expenses[6] - Synovus is implementing a 4-pillar execution strategy[6] Loan Portfolio & Credit Quality - Synovus has a highly diverse loan mix as of 9/30/23, with Middle Market and Commercial loans comprising 29% of the portfolio[33, 34] - The company's total C&I portfolio was $228 billion as of 3Q23[62] - The CRE portfolio totaled $124 billion in 3Q23[70] - The consumer loan portfolio totaled $85 billion in 3Q23[80] 2024 Outlook & Guidance - Synovus anticipates NIM expansion of approximately +20 bps from 4Q23 to 4Q24[38] - The company expects adjusted non-interest expense to be relatively flat in 2024, excluding the impact of the 4Q23 FDIC special assessment[38, 41] - Synovus projects core deposit growth of 2%-6% for 2024[40]