Core Insights - Matrix Service Company reported strong revenue growth in the third quarter of fiscal 2025, driven by increased activity in its Storage & Terminal Solutions and Utility & Power Infrastructure segments, achieving a revenue of $200.2 million, up 21% from $166.0 million in the same quarter of the previous year [5][9] - The company experienced a book-to-bill ratio of 1.5x for the quarter, indicating strong demand in core energy and industrial markets, with total project awards of $301.2 million [7][13] - Despite a reduction in fiscal year revenue guidance by 10% due to macroeconomic uncertainties, the company maintains a robust backlog of $1.4 billion and a project pipeline valued at $7 billion, suggesting continued growth potential [3][4][18] Financial Summary - Revenue for the third quarter of fiscal 2025 was $200.2 million, a 21% increase from $166.0 million in the prior year [5] - Gross margin improved to $12.9 million (6.4%) compared to $5.6 million (3.4%) in the same quarter of fiscal 2024, attributed to better performance in Utility and Power Infrastructure and Process and Industrial Facilities segments [6] - The company reported a net loss of $(3.4) million or $(0.12) per share, an improvement from a net loss of $(14.6) million or $(0.53) per share in the prior year [9] Segment Performance - The Storage and Terminal Solutions segment saw revenue increase by 77% to $96.1 million, driven by higher volumes in specialty vessel and LNG storage projects, although gross margin slightly decreased to 3.9% [10] - The Utility and Power Infrastructure segment's revenue rose 27% to $58.7 million, with gross margin improving significantly to 9.4% due to effective project execution [11] - The Process and Industrial Facilities segment experienced a revenue decline to $45.4 million, primarily due to the completion of a large renewable diesel project, but gross margin improved to 8.3% [12] Backlog and Project Awards - The total backlog increased by 7.7% to $1.4 billion as of March 31, 2025, with project awards totaling $301.2 million for the quarter [7][13] - The book-to-bill ratio for the quarter was 1.5x, with significant contributions from the Storage and Terminal Solutions segment, which had a book-to-bill ratio of 2.1x [13][42] Financial Position - As of March 31, 2025, the company had total liquidity of $247.1 million, consisting of $185.5 million in unrestricted cash and cash equivalents, with no outstanding debt [16] - Cash flow from operations for the quarter was $31.2 million, reflecting strong scheduled payments from customers [14] Fiscal Year 2025 Guidance - The company updated its fiscal year 2025 revenue guidance to a range of $770 million to $800 million, down from the previous guidance of $850 million to $900 million, due to external uncertainties affecting project timelines [18]

Core Viewpoint - KBR, Inc. reported strong year-over-year growth in earnings and cash flow for Q1 2025, although revenues slightly missed expectations, leading to a 5.1% increase in stock price following the earnings release [1][2]. Financial Performance - Adjusted earnings per share (EPS) reached 98 cents, exceeding the Zacks Consensus Estimate of 88 cents by 11.4% and reflecting a 27.3% year-over-year increase [3]. - Total revenues amounted to $2,055 million, falling short of the consensus mark of $2,066 million by 0.5%, but showing a 13% increase year-over-year [3]. - Adjusted EBITDA rose 17.4% year-over-year to $243 million, with the adjusted EBITDA margin contracting by 40 basis points to 11.8% [3]. Segment Performance - The Mission Technology Solutions segment saw revenues increase by 13.6% year-over-year to $1.5 billion, supported by strong contributions from Defense & Intelligence and the HomeSafe program [5]. - The Sustainable Technology Solutions segment reported a 12% year-over-year revenue increase to $550 million, surpassing projections [6]. - Adjusted EBITDA for the Mission Technology Solutions segment was $145 million, up from $131 million in the prior-year quarter, with an adjusted EBITDA margin of 11.8% [6]. Backlog and Operational Metrics - As of April 4, 2025, KBR's total backlog was $20.5 billion, down from $21.2 billion as of January 3, 2025, with contributions of $16.51 billion from Mission Technology Solutions and $4.03 billion from Sustainable Technology Solutions [7]. - The trailing 12-month book-to-bill ratio stood at 1.0x at the end of Q1 2025 [8]. Liquidity and Cash Flow - Cash and cash equivalents increased to $442 million as of April 4, 2025, up from $350 million on January 3, 2025 [10]. - Operating cash flow for Q1 2025 totaled $98 million, an increase from $91 million at the end of March 29, 2024 [10]. - KBR returned a total of $176 million to shareholders in Q1 2025, including $156 million through share repurchases and $20 million in dividends [11]. 2025 Outlook - KBR expects total revenues for 2025 to be in the range of $8.7-$9.1 billion, indicating 12-18% growth, with adjusted EBITDA projected between $950 million and $990 million [12]. - Adjusted EPS is anticipated to be in the range of $3.71-$3.95, reflecting 11-18% growth, and operating cash flow is expected to be between $500-$550 million, representing 8-19% growth [12].

Core Viewpoint - Horizon Aircraft has appointed Justin Chapman to a senior advisory role to enhance the technical development of its hybrid eVTOL aircraft, the Cavorite X7, leveraging his extensive expertise in aerospace engineering and electric propulsion systems [1][2][3]. Company Overview - Horizon Aircraft (NASDAQ: HOVR) is an advanced aerospace engineering company focused on developing one of the world's first hybrid eVTOL aircraft, designed to operate like a conventional plane while offering superior speed, range, and operational utility [5]. - The company aims to complete testing and certification of the Cavorite X7 quickly to enter the market and address a wide range of early use cases [5]. Key Personnel - Justin Chapman brings decades of engineering leadership and expertise in electric propulsion and energy systems, having previously held senior roles at Rolls-Royce [2]. - His involvement is expected to strengthen Horizon's technical team and de-risk the development of the Cavorite X7, contributing to the goal of producing a safe and reliable full-size demonstrator [3]. Project Focus - The Cavorite X7 project is characterized by its innovative design aimed at real-world performance, safety, and practicality [3]. - The company emphasizes a mission-first approach, prioritizing safety and utility in its aircraft designs [5].

Q1 2025 EARNINGS | MAY 7, 2025 | NASDAQ: BWMN TRANSPORTATION POWER & UTILITIES ENERGY BUILDING INFRASTRUCTURE WATER RESOURCES Presenters: Gary Bowman Chairman & CEO Bruce Labovitz Chief Financial Officer Safe Harbor Statement Please note that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future results to differ from those expr ...

本次活动由中建五局总承包公司承办，雨花区纪委监委、中建五局总部及在长二级单位、区住建局、雨 花城投集团相关负责人、党员代表参加活动。 本次活动坚持"观、学、悟、行"四位一体，将课堂教学与实地研学相结合，将理论学习与情景模拟相融 合。在长沙市廉政警示教育基地，全体与会人员接受警示教育洗礼，再次体悟共产党人的初心和使命， 夯实清正廉洁思想根基。随后，《立足岗位职责，学深悟透中央八项规定精神》主题党课，聚焦行业施 工签证变更、建材采购等工程领域典型场景开展模拟演练，具象化解析权力运行风险点。与会人员还集 体观看了警示教育片《反腐为了人民》。大家纷纷表示，要以案为鉴，时刻筑牢防腐拒变的思想防线。 雨花区委常委、纪委书记、监委主任钟孝明与黄东文共同为"地企清廉共建单位"揭牌。活动向各与会单 位发出了"争创清廉企业"的倡议，与会企业代表现场签订了阳光承诺书。中建五局总承包公司湖南分公 司代表作表态发言，表示坚决守好交往"廉洁关"，为进一步构建亲清政商关系，推动中建五局和雨花区 经济社会高质量发展注入"廉"动力。 长沙晚报掌上长沙5月6日讯（通讯员 袁鑫欣 张钰娇）为深入贯彻落实中央八项规定精神，进一步筑牢 工程建设领域廉 ...

Company Performance - Twist Bioscience (NASDAQ: TWST) reported solid results in the second quarter of FY2025, but the management team appeared downbeat on the earnings call [1] - The company has chosen to spin out its data storage segment, with a fairly modest value attached to the business [1] Investment Insights - Narweena, an asset manager led by Richard Durant, focuses on identifying market dislocations due to poor understanding of long-term business prospects [1] - The firm believes excess risk-adjusted returns can be achieved by identifying businesses with secular growth opportunities in markets with barriers to entry [1] - Narweena's research process emphasizes company and industry fundamentals to uncover unique insights [1] Market Trends - An aging population with low population growth and stagnating productivity growth is expected to create a different opportunity set compared to past trends [1] - Many industries may face stagnation or secular decline, which could improve business performance if competition decreases [1] - Conversely, some businesses may encounter rising costs and diseconomies of scale [1] - The economy is increasingly dominated by asset-light businesses, leading to a declining need for infrastructure investments over time [1] - A large pool of capital is chasing a limited set of investment opportunities, driving up asset prices and compressing risk premia [1]

Core Insights - Arcadis reported robust quarterly results with net revenues of €972 million, showing stability year-on-year and an improved operating EBITA margin of 10.9% compared to 10.7% in Q1 2024 [2][5] - The company achieved a record-high backlog of €3.7 billion, reflecting a 12% increase from the previous year, with organic growth of 2.8% year-to-date [4][7] - CEO Alan Brookes emphasized the company's resilience and strategic positioning for sustainable growth, supported by ongoing investments and acquisitions [3][5] Financial Performance - Net revenues remained stable at €972 million, with organic growth at 0.0% and a foreign exchange impact of +1.1% [4][6] - EBITDA decreased by 11% to €111 million, while the EBITDA margin fell to 11.4% from 12.9% [4] - Operating EBITA increased by 2% to €133 million, with an operating EBITA margin of 10.9% [4][5] Order Intake and Backlog - Net order intake was €1.1 billion, leading to a backlog of €3.7 billion, which represents a 12% increase year-on-year [4][5] - The backlog's organic growth was 2.8% year-to-date, with strong client demand for resilience solutions, although some delays in capital expenditure decisions were noted [7][9] Segment Performance - Resilience segment (38% of net revenues) saw a 4% increase in net revenues to €368 million, with strong demand particularly in North America and Germany [9][11] - Places segment (37% of net revenues) experienced a 6% decline in net revenues to €354 million, impacted by delays in large capex decisions in the industrial sector [10][11] - Mobility segment (23% of net revenues) reported a 5% increase in net revenues to €227 million, despite a 17% decline in order intake [12] Strategic Outlook - The company is on track to meet its strategic targets for 2024-2026, which include organic net revenue growth in the mid to high single digits and an operating EBITA margin of 12.5% by 2026 [5][14] - Recent acquisitions, such as KUA and WSP Infrastructure Engineering, are expected to unlock growth opportunities in key markets [5][11]

SINGAPORE, May 6, 2025 /PRNewswire/ -- PEC Ltd ("PEC", SGX: IX2) shareholders have approved a transaction valued at US$160 million for the 100% acquisition by Alliance Energy Services Pte Ltd ("Alliance") through a Scheme of Arrangement at Extraordinary General Meeting in Singapore.  Following sanction of the shareholders' meeting by the High Court of Singapore, all PEC shares will be acquired by Alliance and then PEC will be subsequently delisted from the Singapore Stock Exchange.  Alliance is a holding co ...

Group 1 - Mayville Engineering (MEC) reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.01 per share, but down from $0.16 per share a year ago, representing an earnings surprise of 300% [1] - The company posted revenues of $135.58 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.38%, but down from $161.27 million year-over-year [2] - Over the last four quarters, Mayville Engineering has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2 - The stock has underperformed, losing about 16% since the beginning of the year compared to the S&P 500's decline of 3.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the coming quarter is $0.05 on revenues of $136.55 million, and for the current fiscal year, it is $0.65 on revenues of $571.1 million [7] Group 3 - The Zacks Industry Rank indicates that the Engineering - R and D Services sector is currently in the top 13% of over 250 Zacks industries, suggesting strong potential for outperformance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]

Gulf Island Fabrication (GIFI) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Speaker0 Good afternoon, ladies and gentlemen, and welcome to Gulf Island's Conference Call to discuss First Quarter twenty twenty five Results. All participants will be in a listen only mode for the duration of the call. This call is being recorded. At this time, I would like to turn the floor over to Ms. Cindy Cook for opening remarks. Cindy, please go ahead. Speaker1 Thank you, and good afternoon. I would like to welcome everyo ...