Call Start: 08:30 January 1, 0000 9:35 AM ET MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) Q4 2024 Earnings Conference Call November 07, 2024 08:30 AM ET Company Participants Steve Ferranti - Vice President, Corporate Development & Investor Relations Steve Daly - President & Chief Executive Officer Jack Kober - Chief Financial Officer Conference Call Participants David Williams - The benchmark company Harsh Kumar - Piper Sandler Tore Svanberg - Stifel Srini Pajjuri - Raymond James Karl Ackerman - ...

STERIS plc (NYSE:STE) Q2 2025 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Julie Winter - Investor Relations Mike Tokich - Senior Vice President & Chief Financial Officer Dan Carestio - President & Chief Executive Officer Conference Call Participants Jacob Johnson - Stephens Brett Fishbin - KeyBanc Patrick Wood - Morgan Stanley Michael Polark - Wolfe Research Mike Matson - Needham & Company Jason Bednar - Piper Sandler Operator Good day, everybody, and welcome to the STERIS plc S ...

Ralph Lauren Corporation (NYSE:RL) Q2 2025 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Corinna Van der Ghinst - Investor Relations Patrice Louvet - President and CEO Justin Picicci - Chief Financial Officer Conference Call Participants Matthew Boss - J.P. Morgan Jay Sole - UBS Michael Binetti - Evercore ISI Dana Telsey - Telsey Advisory Group Paul Kearney - Barclays Capital Brooke Roach - Goldman Sachs Laurent Vasilescu - BNP Paribas Chris Nardone - Bank of America John Kernan ...

Permian Resources Corporation (NYSE:PR) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Hays Mabry - VP, IR Will Hickey - Co-CEO James Walter - Co-CEO Guy Oliphint - CFO Conference Call Participants Neal Dingmann - Truist Securities Scott Hanold - RBC John Freeman - Raymond James Neil Mehta - Goldman Sachs Gabe Daoud - TD Cowen John Abbott - Wolfe Research Zach Parham - JPMorgan Leo Mariani - ROTH MKM Oliver Huang - TPH Kevin MacCurdy - Pickering Energy Partners Phillips Jo ...

UMH Properties, Inc. (NYSE:UMH) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Craig Koster – Executive Vice President and General Counsel Eugene Landy – Founder and Chairman Samuel Landy – President and Chief Executive Officer Anna Chew – Executive Vice President and Chief Financial Officer Brett Taft – Executive Vice President and Chief Operating Officer Conference Call Participants Rob Stevenson – Janney Gaurav Mehta – Alliance Global Partners Rich Anderson – Wedbush C ...

Cmb.Tech NV (NYSE:CMBT) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Alexander Saverys - Chief Executive Officer Ludovic Saverys - Chief Financial Officer Joris Daman - Head of Investor Relations Enya Derkinderen - Communications Coordinator Conference Call Participants Kristof Samoy - KBC Securities Frode Morkedal - Clarksons Alexander Saverys Good afternoon, good morning, good evening, everyone. Welcome to the CMB.TECH Third Quarter Earnings Call. My name is Alexander ...

CoreCivic, Inc. (NYSE:CXW) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Mike Grant - Managing Director of Investor Relations Damon Hininger - President and Chief Executive Officer David Garfinkle - Chief Financial Officer Conference Call Participants Jason Weaver - JonesTrading M. Marin - Zacks Investment Research, Inc. Brian Violino - Wedbush Securities Joe Gomes - Noble Capital Markets Greg Gibas - Northland Securities Kirk Ludtke - Imperial Capital, LLC Ben Briggs - S ...

Financial Data and Key Metrics Changes - In Q3 2024, the company reported total revenue of $606 million, a year-over-year increase of 3% or $18 million [29] - EBITDA for the quarter was $42 million, representing 6.9% of revenue, with year-to-date EBITDA at $131 million or 7.3% of revenue [29] - Free cash flow for the quarter was $72 million, totaling $273 million over the trailing four quarters [8][39] - The company raised its full-year 2024 free cash flow forecast to approximately $215 million [8] Business Line Data and Key Metrics Changes - U.S. revenue for Q3 2024 was $482 million, an increase of $34 million or 8% year-over-year [30] - U.S. Process Solutions had its best financial performance ever, contributing significantly to overall results [14] - Canadian revenue for Q3 2024 was $65 million, down $3 million or 4% year-over-year but up 16% sequentially [30][21] - International revenue decreased to $59 million, down $6 million or 9% sequentially, impacted by location closures and lower project activity [22][30] Market Data and Key Metrics Changes - The number of active rigs and completions in the U.S. declined more than 12% year-over-year, affecting revenue opportunities [10] - The company noted a 60% increase in CCUS projects, with 628 facilities now in development [23] - The company experienced project delays due to customer consolidations, impacting revenue timing [15][56] Company Strategy and Development Direction - The company is focusing on expanding its midstream business, which currently accounts for approximately 20% of revenues [44][64] - There is a strategic emphasis on energy evolution and adjacent industrial markets, including mining and chemical processing [44][24] - The company plans to continue pursuing acquisitions as a key growth strategy, leveraging its strong cash position and lack of debt [27][37] Management's Comments on Operating Environment and Future Outlook - Management expects lower sequential oil and gas activity in Q4 2024 due to customer budget exhaustion and normal seasonality [42] - The company anticipates modest full-year revenue growth for 2024 compared to 2023 [42] - Management highlighted the resilience of revenue despite project delays, attributing this to strong operational execution and market positioning [45] Other Important Information - The company reported a cash position of $261 million and total liquidity of $622 million at the end of Q3 2024 [37] - The company continues to execute its share repurchase program, with cumulative repurchases totaling $74 million under an $80 million authorization [40] Q&A Session Summary Question: Impact of the election on M&A environment - Management believes a more business-friendly climate from a Republican administration could facilitate acquisitions and benefit the company [48][49] Question: Pipeline maturity and actionable deals - Management indicated ongoing negotiations for several potential acquisitions, focusing on growing process solutions [50][51] Question: Project deferrals and their timing - Approximately $10 million in projects were deferred in Q3, primarily due to product availability, with expectations for these to ship in Q4 [52][53] Question: Customer consolidation effects - Management noted that customer consolidations can disrupt operations but may ultimately benefit the company in the long term due to its unique capabilities [58][60] Question: Working capital and inventory turns - Management stated that while current inventory turns are strong at 5.2, further improvement may be limited without risking product availability [61][62] Question: Midstream revenue expectations - Management expects midstream revenue to potentially increase in 2025, benefiting from favorable market conditions and acquisitions [64] Question: Share repurchase versus dividends - Management favors share repurchases over dividends, prioritizing organic growth and M&A as primary uses of cash [71][72]

American States Water Company (NYSE:AWR) Q3 2024 Earnings Conference Call November 7, 2024 2:00 PM ET Company Participants Robert Sprowls - President and Chief Executive Officer Eva Tang - Senior Vice President in Finance and Chief Financial Officer Conference Call Participants Jonathan Reeder - Wells Fargo Operator Ladies and gentlemen, thank you for standing by. Welcome to the American States Water Company Conference call discussing the company’s Third Quarter 2024 Results. The call is being recorded. If ...

DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Andrea Daley - Vice President of Investor Relations Simon Campion - President and Chief Executive Officer Glenn Coleman - Executive Vice President and Chief Financial Officer Rich Rosenzweig - Executive Vice President, Corporate Development, General Counsel and Secretary Conference Call Participants David Saxon - Needham & Company Kevin Caliendo - UBS Jeffrey Johnson - Baird Jason Bednar - Pi ...