Financial Data and Key Metrics Changes - The adjusted EBITDA for Q4 2025 was $66 million, aligning with the upwardly adjusted guidance, while the full-year adjusted EBITDA reached $276 million [4] - The company expects 2026 adjusted EBITDA to be in the range of $280 million to $300 million, representing a 5% increase from 2025 [5] - Consolidated revenue decreased due to net non-same-unit activity of $26 million, but same-unit growth was 4% with same-unit pricing up just under 7% [6][9] Business Line Data and Key Metrics Changes - Patient service volumes decreased by just under 3%, with NICU days down about 2% [6] - Variable practice incentive compensation and salary and benefits increased on a same-unit basis, while salary growth for Q4 was modestly below the previous six-quarter average of around 3% [7] Market Data and Key Metrics Changes - The company ended Q4 with cash of $375 million and net debt of just over $220 million, reflecting a net leverage of just under 1x [8] - The accounts receivable days sales outstanding (AR DSO) improved to 42.8 days, down almost 5 days year-over-year due to better cash collections [8] Company Strategy and Development Direction - The company is focusing on quality care and has introduced new programs to align physicians with the company's goals, including cash bonuses and stock price tracking elements [11] - There are plans to leverage telemedicine and expand in NICUs and maternal-fetal medicine, with a strong presence in OB hospital medicine [12][13] - The company aims to maintain its balance sheet strength while exploring growth opportunities without diluting its core pediatrics and obstetrics focus [13][14] Management's Comments on Operating Environment and Future Outlook - Management noted that the decrease in patient volume was primarily due to tough comparisons from the previous year [20] - The company is closely monitoring potential impacts from ACA subsidies and payer mix changes, but currently sees no significant changes [28][30] - The guidance for 2026 assumes steady metrics similar to those in 2025, with no significant changes expected [33] Other Important Information - The company has not factored in any contributions from M&A activity in 2026 but is open to opportunities that align with its core strengths [10][41] - The company anticipates a decline in G&A expenses for 2026, forecasting them to be in the range of $230 million to $240 million [9] Q&A Session Summary Question: Drivers of revenue growth for 2026 - Management expects flat volume and pricing for 2026, with no significant changes anticipated [18] Question: Reasons for negative patient volume year-over-year - The decrease in volume was attributed to tough comparisons from the previous year's fourth quarter [20] Question: Details on variable compensation expenses - Management indicated that alignment with physicians is a key driver, rather than smoothing effects [25] Question: Guidance on pricing and payer mix - Management expects pricing to remain steady, with some favorable payer mix observed in 2025 [30] Question: Insights on G&A cost reductions - Management noted a small expected decline in G&A expenses, with no specific factors driving this [36] Question: Share repurchase plans - Management anticipates a smaller amount of stock buyback compared to 2025 [38] Question: Growth opportunities and potential M&A - Management is exploring various growth avenues, including telemedicine and physical practices, while being cautious about M&A that could dilute core strengths [39][41]

Upbound Group (NasdaqGS:UPBD) Q4 2025 Earnings call February 19, 2026 09:00 AM ET Speaker6Good day, and thank you for standing by. Welcome to the Upbound Group Inc. Fourth Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there'll be a question-and-answer session. To ask a question during the session, you'll need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. To wi ...

Q4 & FULL YEAR 2025 RESULTS February 19, 2026 ORroyalties.com TSX-NYSE | OR Amounts presented are in United States Dollars, except where otherwise noted CAUTIONARY STATEMENTS FORWARD-LOOKING STATEMENTS Certain statements contained in this presentation may be deemed "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking statements a ...

Fourth Quarter 2025 Results Presentation February 19, 2026 Cautionary notes This presentation, the information contained herein, any other materials provided in connection with this presentation and any oral remarks accompanying this presentation (collectively, the "Presentation"), have been prepared by Alamos Gold Inc. ("Alamos" or the "Company") solely for information purposes. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information provided. This ...

ARMOUR Residential REIT (NYSE:ARR) Q4 2025 Earnings call February 19, 2026 09:00 AM ET Speaker4Good day. Welcome to the ARMOUR Residential REIT's fourth quarter 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your telephone keypad. To withdraw your ...

Triple Flag Precious Metals (NYSE:TFPM) Q4 2025 Earnings call February 19, 2026 09:00 AM ET Speaker4Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this time, I would like to welcome everyone to the Triple Flag Precious Metals Fourth Quarter 2025 conference call. All lines have you please on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question d ...

Jackson Financial Inc. Fourth Quarter and Full Year 2025 Financial Results For Presentation on February 19, 2026 Forward-Looking Statements and Non-GAAP Measures The information in this document contains forward-looking statements about future events and circumstances and their effects upon revenues, expenses and business opportunities. Generally speaking, any statement in this document not based upon historical fact is a forward-looking statement. Forward-looking statements can also be identified by the us ...

Supplemental Financial Information DECEMBER 31, 2025 ANDAZ MAUI AT WAILEA RESORT TABLE OF CONTENTS | 3 | OVERVIEW | | | --- | --- | --- | | | About Host Hotels & Resorts | 4 | | | Analyst Coverage | 5 | | | Forward-Looking Statements | 6 | | | Non-GAAP Financial Measures | 6 | | 7 | PROPERTY LEVEL DATA AND CORPORATE MEASURES | | | | Comparable Hotel Results by Location | 8 | | | Top 40 Hotels by Total RevPAR | 16 | | | Historical Comparable Hotel Results | 18 | | | Comparable Hotel Results 2026 Forecast and ...

Visteon (NasdaqGS:VC) Q4 2025 Earnings call February 19, 2026 09:00 AM ET Speaker3Good morning. I'm Kris Doyle, Vice President of Investor Relations and FP&A. Welcome to our earnings call for the fourth quarter of 2025. Before we begin this morning's call, I'd like to remind you that today's presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and are subject to various risks, un ...

Financial Data and Key Metrics Changes - In Q4 2025, net interest income grew 8% to $56.4 million from $52 million in the same quarter a year ago, and for the full year, it increased 7% to $216.9 million from $202.5 million in 2024 [16][22] - Net income attributable to shareholders was $12.2 million, or $0.50 per diluted share, an increase of $2.1 million or $0.07 per share over the prior year quarter, and for the full year, net income was $43 million, or $1.78 per share, an increase of $7.2 million or $0.26 per share from 2024 [22] - Total loans reached $2.567 billion, with total originations of $421 million for Q4 and $1.5 billion for the full year, reflecting increases from both the same quarter last year and year-over-year [4][18] Business Line Data and Key Metrics Changes - Consumer lending, the largest business line, reported interest income of $74.5 million for Q4 and $289.9 million for the year, growing 5% compared to the same period last year and 8% year-over-year [5] - The recreational loan book grew 5% to $1.6 billion, representing 63% of total loans, with Q4 originations of $97.2 million compared to $72.2 million a year ago [5][18] - The home improvement loan book stood at $810.2 million, representing 32% of total loans, with Q4 originations of $61.7 million versus $82.5 million last year [6] - The commercial segment had new originations of $4.1 million during Q4, compared to $7.3 million the same quarter a year ago, but total originations for the year were $40.6 million, up from $14.3 million in 2024 [7] Market Data and Key Metrics Changes - The average interest rate on the total loan portfolio increased to 12.26% from 12.01% a year ago, with the average interest rate on commercial loans at 14.22% compared to 12.97% a year ago [18] - Delinquencies of ninety-plus days were 0.82% of gross recreational loans and 0.16% of gross home improvement loans, with allowances for credit losses at 5.32% and 2.41% respectively [6][19] Company Strategy and Development Direction - The company aims to build upon its strong foundation while refining strategic priorities, focusing on sustained growth in the recreation and home improvement segments [12] - The strategic partnership program has seen record levels of originations, reaching $258.3 million in Q4, indicating diversification of income sources [9] - The company is committed to disciplined growth, operational excellence, and prudent capital allocation, with a focus on optimizing returns and improving margins [14][57] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate changing environments and deliver consistent, attractive returns for shareholders [14] - The company recognizes the potential for market conditions to evolve but remains focused on sustainable value creation [14] - Management highlighted the importance of maintaining a strong balance sheet to support future investments and growth opportunities [14] Other Important Information - The provision for credit loss was $27.7 million for Q4, reflecting an increase from $18.6 million in Q3 and $20.6 million in the prior year quarter [19] - The company collected $2.5 million in cash from its legacy Taxi Medallion business during Q4, resulting in net recoveries and gains of $1.4 million [10] Q&A Session Summary Question: How would you characterize the provision expense of $27.7 million? - Management explained that the increase was due to moving loans from held for sale to held for investment, which accounted for a $2.2 million provision hit, and an increase in allowance coverage from 5% to 5.32% [26][27] Question: What were the nature of the equity gains of $8.7 million? - Management indicated that the gains were related to several exits, with about $8.5 million coming from three specific portfolio companies [31][32] Question: Should we expect a growth in the reserve ratio in 2026? - Management stated that while the allowance will grow with the loan book, they do not expect significant changes in the reserve ratio [45] Question: What is the growth outlook for the home improvement segment? - Management highlighted that they added experienced talent to support growth in the home improvement line and expect mid-teens growth, significantly above previous levels [36][38]