Data Storage (NasdaqCM:DTST) Q3 2025 Earnings Call November 19, 2025 10:00 AM ET Speaker3Greetings and welcome to the Data Storage Corporation third-quarter earnings conference call. At this time, all participants are on a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone requires operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your hos ...

NN forecasts profitable sales growth and adjusted EBITDA growth in 2026 Company is underway with strategic processes aimed at unlocking shareholder value CHARLOTTE, N.C., Nov. 14, 2025 (GLOBE NEWSWIRE) -- NN, Inc. (NASDAQ: NNBR), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today provided a business update to give continued visibility into its performance and ongoing strategic transformation, including expected 2025 financial and operati ...

Financial Data and Key Metrics Changes - Loar Holdings achieved record sales of $127 million in Q3 2025, representing a 15% increase compared to the prior year [14] - Net organic sales increased by 11.1% over the prior period, with gross profit margin rising by 380 basis points [16] - Adjusted EBITDA increased by $11 million in Q3 2025, with adjusted EBITDA margins reaching a record 38.7% [17][18] Business Line Data and Key Metrics Changes - Commercial aftermarket sales increased by 19% in Q3 2025, driven by strong demand for commercial air travel and an aging fleet [14] - Commercial OEM sales rose by 11% in Q3 2025, supported by higher sales across various platforms [15] - Defense sales surged by 70% due to strong demand across multiple platforms and increased market share from new product launches [15] Market Data and Key Metrics Changes - The commercial aftermarket is expected to grow at low double-digit rates in 2026, reflecting strong demand and an aging fleet [22][24] - Defense end markets are projected to grow mid-single digits, indicating a normalization after a strong growth year [24] Company Strategy and Development Direction - The company focuses on creating shareholder value through an entrepreneurial environment and solving pain points in the aerospace industry [6][7] - New product growth is expected to contribute 3% to top-line growth over the next two years, with a pipeline of opportunities worth over $600 million [9][10] - Continuous improvement in margins is a priority, with initiatives aimed at enhancing data management and productivity [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of their proprietary portfolio and the execution of value drivers, expecting to exceed previous guidance for 2025 [19][20] - The company anticipates no material reduction in demand across end markets, despite potential supply chain challenges [19][20] - For 2026, net sales are projected between $540 million and $550 million, with adjusted EBITDA between $209 million and $214 million [25] Other Important Information - The company has increased its guidance for the commercial aftermarket to low double-digit growth from high single-digit growth [20] - The effective tax rate is expected to be approximately 25%, with capital expenditures around $17 million for 2026 [25] Q&A Session Summary Question: Can you provide more color on the operating and integration playbook after a deal? - The integration process varies by business, with a focus on listening and observing initially, followed by identifying top-line synergies [30][31] Question: Can you provide details on the underlying production rates for your commercial aerospace outlook? - Production rates for Boeing 737 MAX and A320 family are projected at 38 and 54 respectively, adjusted for supply chain challenges [33][34] Question: Why is there a deceleration in defense growth guidance? - The deceleration is attributed to market normalization after a strong growth year, with improved bookings for ground vehicle products noted [39][40] Question: Where is the new product growth coming from? - New product growth is expected from PMA brake applications and cockpit door barriers, contributing to higher growth rates [43][44] Question: What is driving the aftermarket growth expectations? - The aftermarket growth is volume-driven across all products, with no specific standout products identified [50][52]

Group 1 - The analyst previously held a buy rating for Primoris Services Corporation (PRIM) due to strong underlying growth drivers that de-risk the growth outlook [1] - The investment approach focuses on understanding core business economics, including competitive moat, unit economics, reinvestment runway, and management quality, which are essential for long-term free cash flow generation and shareholder value creation [1] - The analyst emphasizes the importance of fundamental research and targets sectors with strong secular tailwinds, aiming to identify businesses with potential for scaling and unlocking significant terminal value [1] Group 2 - The analyst is a self-educated investor with 10 years of experience, currently managing personal funds sourced from friends and family [1] - The motivation for writing on Seeking Alpha is to share investment insights and gather feedback from fellow investors, with a focus on what drives long-term equity value [1] - The analyst believes that good analysis should be both analytical and accessible, aiming to provide value to readers seeking high-quality, long-term investment opportunities [1]

AUSTIN, Texas, Nov. 06, 2025 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC: GTVH) today outlined a comprehensive plan designed to position the Company and its shareholders for continued growth and long-term value creation. As part of this plan, the Company is in discussions regarding the potential asset sale of its operating divisions, GoldenEra Development and Deep South Electrical Contractors, while GoFast Sports is being discussed to remain under Golden Triangle Ventures as a core br ...

Group 1 - Lufthansa is the largest airline group in Europe by capacity and ranks 4 globally after major U.S. carriers [3] - The company transports approximately 130 million passengers annually, which is equivalent to 16 times the population of New York City [3] - The presentation will cover Lufthansa's identity, current trading and Q3 results, full year outlook for 2025, and midterm targets communicated during the Capital Markets Day [2]

Core Points - Tuktu Resources Ltd. has appointed Jeremy Hodder as the new President and Chief Executive Officer effective immediately [1][2][3] - Mr. Hodder has extensive experience in the oil and gas sector, having held senior leadership roles in various companies, which positions him well to lead Tuktu [2][3] - The company aims to strengthen its core oil production operations and invest in de-risking drilling opportunities in Monarch Banff and Big Valley [3][4] Company Strategy - Under Mr. Hodder's leadership, Tuktu will focus on operational excellence, production growth, and cost control while creating shareholder value [2][3] - The company plans to build momentum through the end of 2025 and into the new year, emphasizing the importance of increasing value for shareholders [4] - The Board of Directors expressed confidence in Mr. Hodder's leadership and the new operations team to expand Tuktu's presence in southern Alberta oil pools [3][4] Leadership Transition - Kathleen Dixon will step down as Interim President and CEO but will continue as Board Chair, having overseen the recruitment of the new CEO and other operational improvements [4] - The Board thanked Ms. Dixon for her dedicated service during her tenure [4]

Core Viewpoint - The analyst maintains a buy rating for Moody's Corporation (NYSE: MCO) based on the attractive upside potential over the next two years if the company meets consensus FY28 adjusted EPS expectations [1] Group 1: Investment Philosophy - The investment approach is fundamentally driven, focusing on identifying businesses with potential for scaling and unlocking significant terminal value [1] - Key factors considered include competitive moat, unit economics, reinvestment runway, and management quality, which are essential for long-term free cash flow generation and shareholder value creation [1] - The analyst emphasizes the importance of fundamental research and targets sectors with strong secular tailwinds [1] Group 2: Professional Background - The analyst has 10 years of experience in investment banking and is currently managing personal funds sourced from friends and family [1] - The motivation for writing on Seeking Alpha is to share investment insights and receive feedback from fellow investors [1] - The aim is to help readers focus on the drivers of long-term equity value, with a belief that good analysis should be both analytical and accessible [1]

Strategy Overview - RWC aims to create value through product leadership by providing smart product solutions that improve contractor productivity and make lives easier[12] - The company is positioned for growth in a total addressable market estimated at $253 billion[16] - RWC's global manufacturing footprint supports sourcing flexibility, optimizing locations based on product-specific cost profiles[18, 24] Regional Spotlights - **EMEA:** EMEA's net sales were £201 million, including £29 million of intercompany sales, with an adjusted EBITDA of £58 million[28, 29] - **APAC:** APAC's net sales were A$420 million, including A$57 million of intercompany sales, with an adjusted EBITDA of A$40 million[72, 73] - **Americas:** Americas' net sales were $859 million with an adjusted EBITDA of $182 million[120] Operational Improvements - EMEA implemented a new S&OP process, achieving over 90% delivery OTIF and supplier OTIF, while reducing lead times and overall inventory[59, 60] - APAC is optimizing its distribution center and manufacturing footprint following the Holman acquisition, reducing the number of active sites from 22 to 17[109, 111] - Americas is optimizing its distribution center network, moving from 11 to 4 DCs, and exploring manufacturing and assembly opportunities in Mexico to lower COGS[146, 152]

Core Viewpoint - The analyst gives a hold rating for InvenTrust Properties (NYSE: IVT), suggesting that the stock price already reflects much of the potential upside from its high-quality Sun Belt portfolio and stable cash flows [1]. Company Analysis - The investment approach focuses on understanding the core economics of a business, including its competitive moat, unit economics, reinvestment runway, and management quality, which are essential for long-term free cash flow generation and shareholder value creation [1]. - The analyst emphasizes a fundamental, valuation-driven investment strategy, particularly in sectors with strong secular tailwinds [1]. Investment Philosophy - The analyst is a self-educated investor with 10 years of experience, currently managing personal funds sourced from friends and family [1]. - The motivation for writing is to share investment insights and gather feedback from fellow investors, aiming to help readers focus on what drives long-term equity value [1]. - The analyst believes that good analysis should be both analytical and accessible, contributing value to readers seeking high-quality, long-term investment opportunities [1].