Financial Data and Key Metrics Changes - The company reported a cash cost per pound of $29.90 based on 68,612 pounds of precipitated uranium and dried and drummed U3O8 produced [5][8] - The balance sheet remains strong with $698 million in cash, inventory, and equities at market prices and no debt [7][48] - The uranium inventory stands at 1,356,000 lbs U3O8 held as of October 31, 2025, excluding an additional 199,000 lbs produced since restarting production [8][48] Business Line Data and Key Metrics Changes - The launch of the United States Uranium Refining and Conversion Corp positions the company as the only U.S. supplier with both uranium and UF6 production capabilities [4][9] - The company has maintained low-cost production while advancing growth projects in Wyoming and South Texas, supporting higher output through the remainder of fiscal 2026 [4][6] Market Data and Key Metrics Changes - The current uranium price backdrop is supported by growing global nuclear demand and favorable U.S. policy, indicating a compelling setup for value creation [9][14] - The structural supply deficit in the uranium market is expected to exceed 1.7 billion pounds by 2045, highlighting the increasing demand for uranium [14] Company Strategy and Development Direction - The company is focused on four key pillars of production growth: Powder River Basin Hub and Spoke operations, South Texas Hub and Spoke operations, Sweetwater Hub and Spoke operations, and the Roughrider project in Canada [10] - The company aims to ramp up production responsibly as market fundamentals and policy direction evolve, with a focus on becoming a vertically integrated American uranium producer [9][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the macro backdrop for uranium, citing strong bipartisan support for nuclear energy and the designation of uranium as a critical mineral [14][33] - The company is positioned to benefit from expected higher uranium prices due to a tightening global market with a structural supply deficit [8][9] Other Important Information - The company completed a $234 million public offering to accelerate the growth of its new business line while bolstering its balance sheet [7][8] - The company is 100% unhedged, maintaining full exposure ahead of the results of the U.S. government's Section 232 investigation [8] Q&A Session Summary Question: What are the next milestones for the URNC venture? - Management indicated that they are progressing well with the siting study and feasibility study, aiming to deliver results by mid-2026 [17][18] Question: What will the production cadence look like moving forward? - Management expects a step change in production cadence in fiscal Q3 and Q4 as Burke Hollow and additional header houses at Christensen Ranch come online [19][22] Question: How many pounds of production were held back due to upgrades at Irigaray? - Management clarified that no production was held back as operations continued, with only the final step of packaging being delayed [36] Question: What is the expected spend to advance the feasibility study for URNC? - Management stated that current spending is modest and the company is adequately capitalized for the work needed at this stage [45][46]

Financial Data and Key Metrics Changes - Full year 2025 consolidated net sales reached $2.46 billion, an increase of $83 million, or 3.5%, compared to the prior year. Adjusting for the exit of bus manufacturing, net sales increased by $247 million, or 11.1% year over year [13][14] - Full year consolidated Adjusted EBITDA was $229.5 million, an increase of $66.7 million, or 41%, year over year. Adjusted for exited bus manufacturing earnings, Adjusted EBITDA increased by $84.3 million, or 58.1% [14] - Fourth quarter consolidated Adjusted EBITDA margin of 10.5% exceeded the low end of the 10%-12% target range for fiscal year 2027 [15] Business Line Data and Key Metrics Changes - Specialty vehicle segment sales for the fourth quarter were $507.4 million, an increase of $67.5 million compared to the prior year. Excluding bus manufacturing, net sales increased by $77.3 million, or 18% [16] - Specialty vehicle segment Adjusted EBITDA of $70.5 million increased by $20.3 million, with a margin of 13.9%, representing a 220 basis point improvement year over year [17] - Recreational vehicle segment sales were approximately flat at $157 million, with Adjusted EBITDA of $9 million, an increase of $900,000 versus the prior year [19] Market Data and Key Metrics Changes - Specialty vehicle segment backlog increased to $4.4 billion, reflecting strong demand for fire and emergency vehicles, with a book-to-bill ratio greater than one [17][18] - Recreational vehicle segment backlog was $233 million at year-end, a 20% decline versus the prior year, indicating a challenging retail environment [20] Company Strategy and Development Direction - The merger with Terex Corporation is viewed as a unique opportunity to create meaningful value for shareholders, with a focus on operational synergies and product innovation [4][5] - Investments are being made to enhance efficiency, expand capacity, and modernize facilities, aimed at achieving industry-leading performance in quality and lead time [10][11] Management's Comments on Operating Environment and Future Outlook - Management remains encouraged by order rates and strong demand, despite not providing guidance for fiscal year 2026 due to the pending merger [27] - The specialty vehicle market is expected to normalize, driven by strong municipal tax budgets and secular tailwinds [42][43] Other Important Information - The company returned approximately $121 million to shareholders through share repurchases and dividends during the year [13] - Trade working capital decreased to $161.3 million, primarily due to disciplined inventory management [21] Q&A Session Summary Question: Insights on specialty orders and pricing - Management noted strong order rates and a backlog holding steady, but refrained from providing specific pricing guidance for 2026 [26][27] Question: Market share and customer behavior shifts due to tariffs - Management indicated no material competitive advantage or disadvantage due to tariffs, as most competitors have similar cost structures [28][29] Question: Efficiency gains in specialty vehicles - Management described the efficiency improvement process as being in the middle innings, with more potential for operational enhancements [35][36] Question: Demand breakdown by RV class - Demand remains lumpy for Class A units, while Class C units are performing well, with Class B units facing challenges [37] Question: Investment opportunities within the network - Management highlighted targeted investments in automation and specific facilities to enhance throughput and efficiency [40][41] Question: Demand cycle within the specialty vehicle segment - Management noted strong secular tailwinds in the fire and emergency markets, with expectations for normalization in demand [42][43]

Financial Data and Key Metrics Changes - For fiscal year 2025, consolidated net sales reached $2.46 billion, an increase of $83 million, or 3.5%, compared to the prior year. Adjusting for the exit of bus manufacturing, net sales increased by $247 million, or 11.1% year over year [12][13] - Full year consolidated Adjusted EBITDA was $229.5 million, an increase of $66.7 million, or 41%, year over year. Adjusted for earnings related to exited bus manufacturing, Adjusted EBITDA increased by $84.3 million, or 58.1% [14] - Fourth quarter consolidated Adjusted EBITDA margin was 10.5%, exceeding the low end of the 10%-12% target range for fiscal year 2027 [15] Business Line Data and Key Metrics Changes - Specialty vehicle segment sales for the fourth quarter were $507.4 million, an increase of $67.5 million compared to the prior year. Excluding bus manufacturing, net sales increased by $77.3 million, or 18% [16] - Adjusted EBITDA for the specialty vehicle segment was $70.5 million, an increase of $20.3 million. The segment achieved an Adjusted EBITDA margin of 13.9% in the fourth quarter, representing a 220 basis point improvement year over year [17] - Recreational vehicle segment sales were approximately flat at $157 million, with Adjusted EBITDA of $9 million, an increase of $900,000 versus the prior year [19] Market Data and Key Metrics Changes - Specialty vehicle segment backlog was $4.4 billion, reflecting a 5.3% increase versus the prior year, indicating strong demand for fire and emergency vehicles [17] - Recreational vehicle segment backlog was $233 million at year-end, a 20% decline versus the prior year, reflecting a challenging retail environment [19] Company Strategy and Development Direction - The merger with Terex Corporation is viewed as a unique opportunity to create meaningful value for shareholders, with plans to leverage combined scale and operational efficiencies [5][8] - The company is focused on operational improvements, including increased throughput and shipments, and disciplined cost management to enhance efficiency and reduce production gaps [9][10] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the operational improvements and the ability to reinvest in the business, with a focus on enhancing production capabilities and maintaining operational excellence [11][12] - The company is not providing guidance for fiscal year 2026 due to the pending merger, but remains optimistic about the current demand and operational momentum [3][23] Other Important Information - The company returned approximately $121 million to shareholders through share repurchases and dividends during the year, balancing investments in growth with shareholder returns [12] - Trade working capital decreased to $161.3 million, primarily due to disciplined inventory management [21] Q&A Session Summary Question: Insights on specialty orders and pricing - Management noted strong order rates and a backlog holding steady, but did not provide specific guidance for 2026 [24] Question: Impact of tariffs on customer behavior and market share - Management indicated that there has not been a significant competitive advantage or disadvantage due to tariffs, as most competitors have similar cost structures [25] Question: Efficiency gains in specialty vehicle segment - Management described the company as being in the middle innings of efficiency improvements, with more potential for operational enhancements [27] Question: Demand breakdown by RV class - Demand remains lumpy for Class A units, while Class C units are performing well, with ongoing challenges in the Class B market [28] Question: Opportunities for investment in capacity - Management highlighted targeted investments in automation and specific facilities to increase throughput and efficiency [29] Question: Demand cycle normalization in specialty vehicles - Management noted strong secular tailwinds in the fire and emergency markets, with expectations for normalization to continue [31]

TRX Gold (NYSEAM:TRX) Q4 2025 Earnings Call December 10, 2025 09:30 AM ET Company ParticipantsKhalaf Rashid - VP TanzaniaRichard Boffey - COOStephen Mullowney - CEOMike Leonard - CFOConference Call ParticipantsHeiko Ihle - Managing Director, Senior Metals and Mining AnalystOperatorWelcome to the TRX Gold Corporation fourth quarter 2025 results presentation. As a reminder, all participants are in a listen-only mode, and the meeting is being recorded. After the presentation, there will be an opportunity to as ...

TRX Gold (NYSEAM:TRX) Q4 2025 Earnings Call December 10, 2025 09:30 AM ET Speaker5Welcome to the TRX Gold Corporation Fourth Quarter 2025 Results Presentation. As a reminder, all participants are in a listen-only mode, and the meeting is being recorded. After the presentation, there will be an opportunity to ask questions. If you wish to ask a question, please click the Q&A icon on the left-hand side of the screen. You will see the options "Raise Your Hand" to join the queue and ask your question verbally, ...

MIND Technology (NasdaqCM:MIND) Q3 2026 Earnings Call December 10, 2025 09:00 AM ET Company ParticipantsZach Vaughan - Head of Investor RelationsRob Capps - President and CEOMark Cox - VP and CFOConference Call ParticipantsMike Mitcham - AnalystTyson Bauer - AnalystRoss Taylor - AnalystOperatorGreetings and welcome to the MIND Technology Fiscal 2026 Third Quarter Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If any ...

1-800-FLOWERS.COM (NasdaqGS:FLWS) FY 2025 Annual General Meeting December 10, 2025 09:00 AM ET Company ParticipantsJim McCann - Executive Chairman of the BoardJames Langrock - SVP, Treasurer and CFONone - Company RepresentativeMichael Manley - SVP, General Counsel and Corporate SecretaryOperatorWelcome to the 2025 Annual Meeting of Stockholders of 1-800-FLOWERS.COM, Inc. Our host for today's call is Jim McCann, Chairman of the Board. I will now turn the call over to your host, Mr. McCann. You may begin.Jim ...

Financial Data and Key Metrics Changes - The meeting confirmed the election of all nominated directors until the 2026 Annual Meeting, indicating stable governance [18] - The proposal to ratify BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending June 28, 2026, was approved, reflecting confidence in financial oversight [18] - An amendment to increase the authorized shares under the Long-Term Incentive and Share Award Plan by 5 million shares was also approved, suggesting a focus on incentivizing management and employees [14][18] Business Line Data and Key Metrics Changes - No specific financial data or metrics related to individual business lines were discussed during the meeting [20] Market Data and Key Metrics Changes - No specific market data or metrics were provided in the meeting [20] Company Strategy and Development Direction - The company is focused on maintaining strong governance through the election of experienced directors and the approval of financial oversight measures [18] - The increase in authorized shares indicates a strategy to enhance employee incentives and align interests with shareholders [14] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting [20] Other Important Information - The meeting was conducted virtually, allowing for broader participation from stockholders [2] - The company ensured that all stockholders were notified and had the opportunity to vote, reflecting a commitment to transparency [4] Q&A Session Summary Question: Were there any questions from stockholders? - No questions were submitted prior to the closing of the polls, indicating either satisfaction with the current state of affairs or a lack of engagement from stockholders [20]

VersaBank (NasdaqGS:VBNK) Q4 2025 Earnings Call December 10, 2025 09:00 AM ET Company ParticipantsJohn Asma - CFOWade MacBain - Head of Investor RelationsDavid Taylor - PresidentConference Call ParticipantsTim Switzer - AnalystJoseph Yanchunis - AnalystAndrew Scott - AnalystWade MacBainGood morning, ladies and gentlemen, and welcome to the VersaBank Fourth Quarter Fiscal 2025 Financial Results Conference Call. This morning, VersaBank issued a news release reporting its financial results for the fourth quart ...

DLocal (NasdaqGS:DLO) FY 2025 Annual General Meeting December 10, 2025 09:00 AM ET Company ParticipantsPedro Arnt - CEODonna Bent - Inspector of ElectionsOperatorHello, and welcome to the annual meeting of shareholders of dLocal Limited. Please note that today's meeting is being recorded. During the meeting, we'll have a question-and-answer session. You can submit questions or comments at any time by clicking on the Q&A tab. It is now my pleasure to turn today's meeting over to Pedro Arnt. The floor is your ...