Financial Performance - Adjusted EBITDA for the first quarter was $70 million, showing improvement from the low point in fiscal Q4 2025, reflecting progress in cost management and operational efficiency [4][16] - Revenue for the first quarter was $663.4 million, a decline of $20.4 million or 3% compared to the first quarter of fiscal 2025, with rental revenue down $17.9 million and direct sales down $2.7 million [12][14] - Cost of service decreased by $3 million year-over-year, while SG&A expenses were down approximately $0.9 million, but were impacted by $7.8 million in third-party support costs and $5.5 million in severance related to the transformation [15][16] - First quarter adjusted EBITDA margin was 10.6%, compared to 11.9% in the prior year, but improved by 150 basis points from fiscal Q4 2025 [16] Business Line Performance - Volume processed was flat year-over-year, but the product mix shifted, with a 2% decrease in uniforms and a 7% increase in linen volume, negatively impacting revenue quality [12][13] - The shift in product mix resulted in a $0.04 or 3% decline in revenue per pound, equating to a $20 million decrease in total revenue [14] Market Data - The company processed the same amount of work on a pound basis year-over-year, indicating stable overall throughput despite the decline in revenue [12][33] - The company continues to focus on key verticals with no significant changes in macro demand observed [33] Company Strategy and Development Direction - The company is focused on a business transformation framework with three pillars: operational excellence, commercial excellence, and network and asset optimization [4][9] - Efforts are being made to improve revenue quality through better product mix and strategic pricing, with a focus on customer engagement [8][14] - The company is actively marketing non-core properties for sale to optimize its asset footprint and intends to use proceeds to repay debt [9][21] Management Comments on Operating Environment and Future Outlook - Management expressed that they are in the early stages of transformation, with ongoing improvements expected in cost per pound and revenue per pound [10][37] - The company reaffirmed its full-year guidance for fiscal 2026, expecting revenue to be flat to down 2% compared to fiscal 2025, and adjusted EBITDA to be between $285 million and $315 million [21][22] Other Important Information - The company generated $38 million in operating cash flow and $28 million in free cash flow during the quarter, with significant improvements in working capital management [17][19] - Net debt at the end of the first quarter was $1.29 billion, with a strong liquidity position and no debt maturities until 2028 [20] Q&A Session Summary Question: Revenue per pound decline and future trends - Management confirmed that revenue per pound is expected to trend flat to down 2% for the year, with strategic pricing and mix improvements as key drivers [24][25] Question: Sequential EBITDA growth assumptions - Management guided for 5% sequential adjusted EBITDA growth for each remaining quarter, with operational and commercial assumptions underpinning this progression [27][28] Question: General macro and customer demand - Management indicated no significant changes in macro demand, with consistent volume on a pound basis year-over-year [33][34] Question: Progress on transformation - Management described their progress as being in the early stages, with ongoing improvements expected in both cost and revenue metrics [36][37] Question: Cost savings realization and unvended market growth - Management clarified that the $75 million cost savings is a full-year target, with $40 million expected to be realized in FY 2026, and noted stable penetration in the unvended market [53][54][59]

Core Insights - Aeries Technology has achieved the Great Place To Work® Certification for the third consecutive year, highlighting its commitment to building a high-performance and engaged workforce [1][4]. Company Commitment - The certification reflects Aeries' dedication to cultivating an exceptional workplace culture that prioritizes employee development, career advancement, and a supportive environment for diverse talent [2][3]. - Aeries emphasizes a people-first approach, fostering trust, inclusivity, and belonging among its employees [2][3]. Employee Engagement - The Chief Human Resources Officer stated that the certification validates the company's investments in creating an inclusive and supportive environment, which enhances employee engagement and fulfillment [3]. - Engaged employees contribute to the quality, innovation, and reliability of the solutions provided to clients [3]. Evaluation Process - The Great Place To Work® Certification process involves comprehensive employee surveys and workplace assessments, measuring factors such as leadership trust, organizational fairness, and employee pride [3]. - Aeries' consistent recognition indicates a strategic focus on talent development and workforce retention [3].

Business Transformation - Microsoft's CVP Workplace Transformation views AI not just as a 'tech thing,' but as a business transformation driver [1] - Technology is leveraged to drive business success [1] Event - Katy George from Microsoft spoke at the 2025 Forbes CIO Summit in New York City [1]

Core Insights - NETGEAR will host an Investor Day on November 17, 2025, to showcase business transformation progress and long-term growth strategy [1] - The event will feature updates from the leadership team, including a financial outlook and a live Q&A session [2] Event Details - Date: November 17, 2025 - Time: 2:00 p.m. – 4:00 p.m. ET - Location: New York City, New York - Registration for the webcast is available online [1][2] Leadership Presentations - CEO CJ Prober will provide an introduction and transformation update - Pramod Badjate, President & General Manager of NETGEAR Enterprise, will discuss enterprise strategies - Jonathan Oakes, Senior Vice President & General Manager of Consumer, will cover consumer insights - CFO Bryan Murray will present the financial outlook [2] Company Overview - NETGEAR, founded in 1996, is a leader in innovative networking technologies for businesses and consumers - The company offers a range of solutions including switches, routers, and security features designed for both small and medium enterprises and home users [4]

Core Viewpoint - Aeries Technology has successfully restored compliance with Nasdaq's minimum bid price requirement, allowing it to continue trading on the Nasdaq Capital Market without the need for a hearing or appeal process [1]. Group 1: Compliance and Market Position - The company has restored compliance with Nasdaq Listing Rule 5550(a)(2) and will continue trading on the Nasdaq Capital Market [1]. - No hearing or appeal process was necessary, indicating a smooth resolution of the compliance issue [1]. Group 2: Leadership and Strategic Focus - Ajay Khare, the CEO, expressed gratitude for shareholder support and emphasized the company's focus on execution and long-term value creation [2]. - Aeries Technology is committed to strengthening its platform for AI-driven business transformation and Global Capability Center (GCC) delivery [3]. Group 3: Business Model and Services - The company supports private equity partners in scaling and optimizing portfolio companies through digital innovation, operational efficiency, and access to global talent via unique GCC solutions [3]. - Aeries Technology is recognized as a global leader in AI-enabled value creation and business transformation for private-equity portfolio companies [4].

Company Overview - Metallus Inc was renamed in February 2024, formerly known as TimkenSteel Corporation[7] - The company reported net sales of $1.1 billion in 2024[7] - The company's annual melt capacity is approximately 1.2 million tons with a ship capacity of approximately 0.9 million tons[7] Financial Performance and Outlook - In Q4 2024, net sales were $240.5 million with a net loss of $21.4 million and adjusted EBITDA of $8.3 million[20] - The company's total liquidity was $458.6 million at the end of 2024[20] - Capital expenditures are planned to be approximately $125 million in 2025, including approximately $90 million funded by the U S government[20] Market and Strategy - The industrial sector accounts for 40% of shipment tons and 36% of net sales, while the automotive sector accounts for 45% of shipment tons and 42% of net sales in 2024[16] - The company aims to grow A&D product sales to over $250 million in 2026, which is more than double the 2023 sales level[63] - From 2022 through 2024, the company repurchased 6.7 million shares for $122.2 million, with $102.8 million available for repurchase at the end of December 2024[71] Environmental Goals - The company is targeting a 40% absolute reduction in combined Scope 1 and Scope 2 GHG emissions by 2030, compared with a 2018 baseline[54]