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NextNRG Reports Q3 2025 Revenues Up 232% Year-Over-Year
Globenewswire· 2025-11-17 13:00
Core Insights - NextNRG, Inc. reported its strongest financial performance to date for Q3 2025, with significant revenue growth and margin expansion [1][4][9] Financial Performance - Revenue for Q3 2025 reached $22.9 million, a 232% increase compared to $6.9 million in Q3 2024, and up from $19.7 million in Q2 2025 [2][9] - Gross profit increased to $2.4 million, with gross profit margins expanding from 8% in Q2 2025 to 11% in Q3 2025 [2][9] - The company reported a net loss of approximately $14.9 million for Q3 2025, primarily due to non-cash stock-based compensation and growth-related investments [2][9] Operational Highlights - The mobile fueling division achieved its highest revenues and margins to date, contributing to the overall financial performance [5] - NextNRG is advancing AI-driven smart microgrid projects, focusing on sectors such as healthcare and large-scale commercial facilities, which are generating increasing interest from customers [6] - Development of bidirectional wireless EV charging technology is progressing, with plans for a demonstration in the near future [7] Strategic Focus - The company is executing on a growing pipeline of projects that leverage its integrated energy platform, which includes mobile fueling, smart microgrids, predictive analytics, and wireless EV charging [9][10] - NextNRG aims to lead the transition to intelligent, distributed power by integrating AI and machine learning into its utility infrastructure and energy management systems [11][12]
KOIL Energy Reports Third Quarter 2025 Results
Globenewswire· 2025-11-14 13:30
Core Insights - KOIL Energy Solutions reported a revenue of $6.4 million for Q3 2025, reflecting a 22% growth compared to both the previous quarter and the same quarter last year [4][18] - The company has successfully entered the renewables sector, securing significant contracts, including a project for spooling subsea power cables for an offshore wind farm [2][5] - The gross margin for the quarter was 32%, down from 40% in Q3 2024, attributed to a higher mix of pass-through procurement costs [7][18] Financial Performance - Revenue for the three months ending September 30, 2025, was $6.4 million, a 22% increase year-over-year, with service revenue growing by 33% and fixed-price contracts increasing by 15% [4][18] - Gross profit totaled $2.1 million, maintaining the dollar amount from the previous year but reflecting a margin decline due to increased costs [7][18] - Adjusted EBITDA was reported at -3% of revenue, equating to a loss of $249,000, primarily due to a write-off of a receivable from a UK client [8][21] Strategic Developments - KOIL Energy has secured its first contracts in Brazil, including a maintenance survey and a rental equipment agreement, marking a significant step in its growth strategy [6][18] - The company is proactively managing project contingencies to address cost volatility and protect profit margins [9] Operational Highlights - The company recognized its service team for successfully executing a significant contract in the renewables sector, receiving positive client feedback [5] - Selling, general, and administrative expenses increased to $2.5 million, largely due to a write-off of a receivable [7][18]
Hudson Global(HSON) - 2025 Q3 - Earnings Call Transcript
2025-11-13 16:00
Financial Data and Key Metrics Changes - For Q3 2025, revenue totaled $48 million, representing a 30% increase from Q3 2024. Gross profit rose 11% [4] - The company reported a net loss of $1.8 million, or $0.54 per share, compared to a net loss of $800,000, or $0.28 per diluted share in the same quarter last year [4] - On a non-GAAP basis, adjusted net income per share was $0.02 compared to an adjusted net loss of $0.13 per share in the prior year quarter [4] - Pro forma adjusted earnings per share were positive $0.19 versus negative $0.54 in the third quarter a year ago [5] - Adjusted EBITDA increased to $1.3 million from $800,000 in the third quarter of last year, reflecting improved operating leverage following the merger [5] Business Line Data and Key Metrics Changes - Business services revenue was $37 million, slightly up from $36.9 million the same period last year, with gross profit remaining flat at $18.6 million [8] - Building solutions revenue totaled $9.6 million, with a gross profit of $1.7 million and adjusted EBITDA of $600,000 [11] - On a pro forma basis, building solutions revenue was $21.4 million, up from $13.7 million in Q3 2024, with pro forma gross profit rising to $5.3 million [11] - Energy services revenue was $1.3 million, with gross profit of $300,000 and adjusted EBITDA of $100,000 [13] - Pro forma energy services revenue increased to $3.7 million, gross profit reached $1.5 million, and pro forma adjusted EBITDA rose to $1 million [13] Market Data and Key Metrics Changes - The broader acquisition market has contracted in 2025 compared to 2024, but the business services segment maintained profitability [6] - The building solutions segment capitalized on the rebound in commercial construction demand while managing through softness in residential markets [11] - The energy services segment achieved strong results despite a broader slowdown across the energy sector [13] Company Strategy and Development Direction - The company is operating as a diversified holding company with four divisions: building solutions, business services, energy services, and investments [3] - The strategy emphasizes expanding geographical footprint and broadening service offerings to existing and prospective clients [9] - The company is focused on operational excellence and prudent capital allocation to maximize shareholder returns [16] - A new $3 million share repurchase program has been authorized, reflecting confidence in long-term growth prospects [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the integration of the recent merger and the realization of efficiencies across shared services [14] - The company aims to achieve $2 million in synergies from the merger, with expectations to reach this run rate within six months [52] - Management noted that the current environment is characterized by low attrition rates at Fortune 500 companies, indicating a potential recovery in the market [55] Other Important Information - The company repurchased about 8% of its shares outstanding during the third quarter, demonstrating confidence in its intrinsic value [16] - The building solutions segment ended the quarter with a $20 million backlog of committed orders, indicating a healthy pipeline [12] Q&A Session Summary Question: Record performance in building solutions - Management acknowledged strong throughput from projects that were previously delayed, contributing to record performance [19] Question: Seasonal trends in revenue - Management indicated that the fourth quarter's performance is dependent on weather patterns and site readiness [20] Question: Business services revenue differences by region - Management explained that the adjusted net revenue as a percentage of sales is higher in the Americas due to significant growth and the nature of the RPO business [26] Question: Update on European market performance - Management noted a downturn in the European market but expressed optimism about future growth due to a new management team [28][31] Question: Expected synergies from the merger - Management confirmed the target of $2 million in synergies, expected to be realized within six months [52] Question: Future acquisitions and growth strategy - Management indicated a focus on adding size to existing businesses and exploring bolt-on acquisitions in existing geographies [35]
Hudson Global(HSON) - 2025 Q3 - Earnings Call Presentation
2025-11-13 15:00
Consolidated Financial Results (Q3 2025) - Revenue increased by 301% to $480 million compared to $369 million in Q3 2024[9] - Gross Profit increased by 109% to $206 million compared to $186 million in Q3 2024[9] - Adjusted EBITDA increased significantly by 558% to $13 million compared to $08 million in Q3 2024[9] - Pro Forma Adjusted EBITDA increased dramatically by 4087% to $31 million compared to $06 million in Q3 2024[9] - Net Loss increased by 1085% to $(18) million compared to $(08) million in Q3 2024[9] Consolidated Financial Results (Q3 YTD 2025) - Revenue increased by 84% to $1154 million compared to $1065 million in Q3 YTD 2024[12] - Gross Profit increased by 59% to $557 million compared to $525 million in Q3 YTD 2024[12] - Adjusted EBITDA increased substantially by 45107% to $20 million compared to approximately $0 million in Q3 YTD 2024[12] - Net Loss slightly increased by 05% remaining nearly constant at $(42) million compared to $(42) million in Q3 YTD 2024[12] Building Solutions (Q3 2025 Pro Forma) - Revenue increased significantly by 565% to $214 million compared to $137 million in Q3 2024[19] - Gross Profit increased substantially by 875% to $53 million compared to $28 million in Q3 2024[19] - Adjusted EBITDA increased dramatically by 287% to $26 million compared to $07 million in Q3 2024[19]
Energy Services of America to Present and Host 1x1 Investor Meetings at the 17th Annual Southwest IDEAS Investor Conference on November 20
Prnewswire· 2025-11-13 14:00
Core Points - Energy Services of America (Nasdaq: ESOA) will have its President Doug Reynolds and CFO Charles Crimmel present at the Southwest IDEAS Investor Conference on November 20, 2025 [1] - The presentation is scheduled to start at 4:20 PM ET and will be available via webcast [1] Company Overview - Energy Services of America Corporation is headquartered in Huntington, WV, and operates primarily in the mid-Atlantic and Central regions of the United States [3] - The company provides services to various industries including natural gas, petroleum, water distribution, automotive, chemical, and power [3] - Energy Services employs over 1,000 employees regularly and emphasizes core values of safety, quality, and production [3]
Star Equity Holdings Reports 2025 Third Quarter Results
Globenewswire· 2025-11-13 13:30
Core Insights - Star Equity Holdings, Inc. reported a significant year-over-year increase in revenue, gross profit, and Adjusted EBITDA for Q3 2025, primarily due to the merger completed on August 22, 2025 [3][6][21] - The company achieved an adjusted net income per diluted share of $0.02 in Q3 2025, a notable improvement from a loss of $0.13 in Q3 2024, indicating a turnaround in profitability [3][6] - The Building Solutions and Energy Services segments showed strong performance, with Building Solutions revenue increasing to $21.4 million on a pro forma basis, up from $13.7 million in the prior year [9][12] Financial Performance - Total revenue for Q3 2025 was $48.0 million, a 30.1% increase from Q3 2024 [6] - Gross profit for the same period was $20.6 million, reflecting a 10.9% increase year-over-year [6] - Adjusted EBITDA rose to $1.3 million compared to $0.8 million in Q3 2024, while pro forma adjusted EBITDA was $3.1 million versus $0.6 million in the prior year [6] Segment Highlights - **Building Solutions**: Revenue reached $9.6 million with a gross profit of $1.7 million; pro forma revenue was $21.4 million, up from $13.7 million in Q3 2024 [9][10] - **Business Services**: Revenue was $37.0 million, slightly up from $36.9 million in the previous year, with gross profit remaining flat at $18.6 million [11] - **Energy Services**: Revenue was $1.3 million with a gross profit of $0.3 million; pro forma revenue was $3.7 million [12] Corporate Actions - The company repurchased approximately 8% of its outstanding shares in Q3 2025 and authorized a new $3 million share repurchase program, reflecting confidence in long-term value [4][17] - As of September 30, 2025, total cash, including restricted cash, was $18.5 million [15] Future Outlook - The company is focused on driving long-term shareholder value through organic growth, disciplined capital allocation, and potential acquisitions [5] - Star Equity is evaluating acquisition opportunities that align with its diversified holding company strategy, targeting scalable and cash-generating businesses [5]
New Strong Buy Stocks for Nov. 13: PODD, PRAA, and More
ZACKS· 2025-11-13 11:11
Group 1 - Preferred Bank (PFBC) has seen a 5.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Weatherford International plc (WFRD) has experienced an 8.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Insulet Corporation (PODD) has recorded a 6.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - PRA Group, Inc. (PRAA) has seen a 9.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Alexander's, Inc. (ALX) has experienced a 7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]
Best Value Stocks to Buy for Nov. 13
ZACKS· 2025-11-13 10:36
Core Insights - Three stocks are highlighted with a buy rank and strong value characteristics for investors to consider on November 13: PRA Group, Weatherford International, and Flex Ltd [1][2][3] Group 1: PRA Group, Inc. (PRAA) - PRA Group is a financial services company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 9.9% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 11.03, significantly lower than the S&P 500's P/E of 25.15 [1] - PRA possesses a Value Score of A [1] Group 2: Weatherford International plc (WFRD) - Weatherford International is an energy services company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 8.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 13.79, also lower than the S&P 500's P/E of 25.15 [2] - Weatherford possesses a Value Score of A [2] Group 3: Flex Ltd. (FLEX) - Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers, and carries a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 5.4% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 19.61, which is lower than the S&P 500's P/E of 25.15 [3] - Flex possesses a Value Score of A [3]
Best Income Stocks to Buy for Nov. 13
ZACKS· 2025-11-13 09:56
Core Insights - Three stocks with strong income characteristics and buy rank are highlighted for investors to consider on November 13 Group 1: Company Performance - Alexander's, Inc. (ALX) has seen a 7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Preferred Bank (PFBC) has experienced a 5.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Weatherford International plc (WFRD) has recorded an 8.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Dividend Yield Comparison - Alexander's, Inc. (ALX) offers a dividend yield of 8%, significantly higher than the industry average of 4.8% [1] - Preferred Bank (PFBC) has a dividend yield of 3.3%, slightly above the industry average of 3.1% [2] - Another company mentioned has a dividend yield of 1.3%, compared to an industry average of 0.0% [3]
Willdan to Design and Implement $97 Million in Energy and Infrastructure Upgrades for Alameda County
Businesswire· 2025-11-12 14:15
Core Insights - Alameda County, California, has awarded Willdan Group, Inc. a $97 million contract for energy and infrastructure upgrades [1] - The contract focuses on energy savings performance and includes electrification of major HVAC systems, solar PV generation, EV charging stations, and other efficiency upgrades [1] - The project aims to reduce annual carbon emissions across 24 sites [1]