Financial Performance - DraftKings' Q2 2025 revenue reached a record $1.513 billion, a 37% year-over-year increase[7, 9] - Adjusted EBITDA for Q2 2025 also hit a record of $301 million, compared to $128 million in Q2 2024[7, 9] - The company is maintaining its FY 2025 revenue guidance of $6.2 billion to $6.4 billion and Adjusted EBITDA guidance of $800 million to $900 million[7] - Sportsbook net revenue increased 45% year-over-year[11] - iGaming net revenue increased 23% year-over-year[11] Key Metrics - Sportsbook handle increased 6% year-over-year[11] - Structural Sportsbook hold percentage increased by 100 basis points year-over-year[11] - Sportsbook promotional reinvestment improved nearly 600 basis points year-over-year as a percentage of Gross Gaming Revenue (GGR)[11] - Average Revenue per Monthly Unique Payer (ARPMUP) increased to $151 in Q2 2025 from $117 in Q2 2024[46] - Average Monthly Unique Payers (MUPs) reached 3.3 million in Q2 2025, compared to 3.1 million in Q2 2024[46] Product Innovation and Social Engagement - Over 1.5 million customers have engaged with the Live Bet Tracking tool in 2025[15] - Handle on the social platform increased 180% year-over-year in the first two quarters of 2025[15] - Engagement across social media handles increased over 200% year-over-year in Q2 2025, and Discord community membership grew over 400% year-over-year[15]

Financial Performance & Capital Allocation - Genco reported a Q2 2025 net loss of $6.8 million, or -$0.16 per share, with an adjusted net loss of $6.2 million, or $0.14 per share[8] - The company's Q2 2025 adjusted EBITDA was $14.3 million[8] - Genco declared a Q2 2025 dividend of $0.15 per share, marking the 24th consecutive quarterly dividend, which represents 41% of the current share price cumulatively[8] - Genco closed a $600 million revolving credit facility in July with a 7% net loan-to-value ratio[8] - Since 2021, Genco has paid $257 million in dividends and invested $347 million in high-specification vessels[12] - Genco has paid down $349 million of debt since 2021[14] Fleet Composition & Strategy - Capesize vessels represent over 50% of Genco's market value (58%) and net revenue (51%)[16, 18] - Genco has invested $197 million in modern eco Capesize vessels since October 2023[17] - Genco's pro forma fleet consists of 17 Capesize vessels, 15 Ultramax vessels, and 11 Supramax vessels[21] - The company estimates a fleet-wide TCE of $15,926 for Q3 2025, with 70% fixed[8, 46] Industry Overview - YTD 2025 China iron ore imports are down by 3% YOY, and iron ore stockpiles are 9% lower YOY[57] - YTD 2025 China steel export growth is +16%, while China's steel inventory declined by 25% YOY[58]

Financial Performance - AATI per diluted common share was $181, a 56% increase year-over-year[4, 5] - Outstanding underwriting income reached $626 million, a 46% increase from the prior year quarter[4] - Net Investment Income (NII) on an APTI basis was $955 million, up 9% year-over-year[4] - The calendar year combined ratio improved by 320 bps to 893%[4, 6, 14] Capital Management - $20 billion of capital was returned to shareholders in the second quarter, including $18 billion in stock repurchases and $254 million in dividends[4] - Aggregate share repurchases totaled $90 billion, representing 17% of shares outstanding on March 31, 2024[47, 49] - The company maintained a leverage guidance between 15-20%, with a 179% total debt to total capital leverage ratio[48] Segment Performance - General Insurance TTM NPW reached $239 billion[11] - North America Commercial Lines NPW increased 4% on a comparable basis[19] - International Commercial Lines NPW increased 1% from 2Q24, driven by Casualty and Global Specialty[21, 22] - Global Personal Insurance NPW declined 3% from 2Q24, primarily due to changes in reinsurance structures in the High Net Worth business[23, 24]

Financial Performance - Q2 2025 revenue was $0.3 million, compared to $0.4 million in Q2 2024[8] - Q2 2025 gross margin loss was $0.2 million, compared to $0.04 million in Q2 2024[8] - Q2 2025 R&D expenses were $8.2 million, compared to $7.9 million in Q2 2024[10] - Q2 2025 net loss was $10.2 million, compared to $11.7 million in Q2 2024[10] - Q2 2025 adjusted EBITDA was $(8.5) million, compared to $(7.5) million in Q2 2024[10] Balance Sheet - As of June 30, 2025, cash and cash equivalents & bank deposits were $62 million[13, 14] 2025 Guidance - Expected revenue for 2025 is $2 million to $5 million[18] - Adjusted EBITDA for 2025 is expected to be $(29) million to $(35) million[19]

Financial Performance - Revenue increased by 35.3% to $234.5 million in 2Q25 compared to 2Q24[12] - YTD25 revenue increased by 25.5% to $412.4 million compared to YTD24[14] - Net income improved by $28.5 million to $18.4 million in 2Q25[19] - Consolidated Adjusted EBITDA increased by 69.8% to $39.6 million in 2Q25[26] - Consolidated Adjusted EBITDA as a percentage of revenue increased by 340 bps to 16.9% in 2Q25[26] Strategic Priorities and Guidance - The company increased expected FY25 revenue range, expecting 17% growth over FY24[11] - The company increased expected Consolidated Adjusted EBITDA range, expecting 19% growth over FY24[11] - The company expects organic growth at or above 7% to 9% range in 2025[29] Segment Performance - Assessment, Permitting & Response segment revenue increased to $103.9 million in 2Q25[65] - Measurement & Analysis segment revenue increased to $62.8 million in 2Q25[68] - Remediation & Reuse segment revenue increased to $67.8 million in 2Q25[76]

Financial Performance - Total operating revenues for the three months ended June 30, 2025 were $45127 thousand, compared to $43338 thousand in 2024[7] - Net loss for the three months ended June 30, 2025 was $5487 thousand, compared to a net loss of $712 thousand in 2024[7] - Total operating expenses for the three months ended June 30, 2025 were $47482 thousand, compared to $42470 thousand in 2024[7] - For the six months ended June 30, 2025, the company's Adjusted EBITDA was $13820 thousand, compared to $16434 thousand in 2024[34] Operational Results - Renewable Natural Gas (RNG) production volumes increased by 31 MMBtu for the quarter ended June 30, 2025[8, 10] - Renewable Electricity Generation (REG) production decreased by 3 MWh for the quarter ended June 30, 2025[8] - The average realized price per RIN decreased by $070 for the quarter ended June 30, 2025[9, 10] - RINs available for sale decreased by 3549 thousand in the second quarter of 2025 compared to the second quarter of 2024[10, 15] Business Development - The Second Apex RNG Facility was commissioned in June 2025[20] - Capital investment for Montauk Ag Renewables project increased to a range of $180000 to $220000 thousand, with commercial operations expected in 2026[25] - A contract was signed to deliver 140 tons of biogenic carbon dioxide from Texas facilities under a 15-year contract with European Energy North America, with total revenues ranging from $170000 to $201000 thousand and commissioning expected in 2027[28]

Financial Performance - Net sales were $936 million, a decrease of 4.9% year-over-year[12] - Constant currency net sales decreased by 6.7% year-over-year, including a 3.2% impact from Byte[10, 14] - Adjusted EBITDA was $197 million, a 14.6% increase year-over-year, with a margin of 21.1%, up 360 bps year-over-year[12, 14] - Adjusted EPS was $0.52, a 6.6% increase year-over-year[10, 14] - Operating cash flow was $48 million, a 77% decrease year-over-year[12] Segment Performance - Essential Dental Solutions (EDS) sales were $387 million, a reported increase of 2.9% and a constant currency increase of 1.1%[17] - Orthodontic and Implant Solutions (OIS) sales were $226 million, a reported decrease of 18.1% and a constant currency decrease of 19.4%, including a ~$35 million Byte impact[17] - Connected Technology Solutions (CTS) sales were $243 million, a reported decrease of 3.8% and a constant currency decrease of 5.9%[17] - Wellspect Healthcare sales were $80 million, a reported increase of 1.2% and a constant currency decrease of 2.5%, including a ~4.5% impact from prior year U S distributor initial stocking order[17] Regional Performance - U S net sales were $293 million, a constant currency decrease of 18.3%, including a 7.7% Byte impact[10] - Europe net sales were $404 million, a constant currency decrease of 0.4%[10] - Rest of World net sales were $239 million, a constant currency increase of 0.5%[10] Outlook - The company reaffirmed its FY2025 outlook, with constant currency growth between (4.0%) and (2.0%), including a (2.0%) Byte impact[19] - The company reaffirmed its FY2025 outlook, with reported sales between $3.60 billion and $3.70 billion[19] - The company reaffirmed its FY2025 outlook, with adjusted EBITDA margin greater than 19% and adjusted EPS between $1.80 and $2.00[19]

Financial Performance - ACI's Payment Software segment revenue grew by 18% and Biller segment grew by 13% in the first half of 2025 compared to the same period last year[12] - Adjusted EBITDA for the first half of 2025 increased by 24% compared to the first half of 2024[13] - The company repurchased 2.4 million shares in Q2 2025, representing 2.4% of shares outstanding[13,24] - ACI's net adjusted EBITDA margin was 34% in the first half of 2025, up from 31% in the first half of 2024[18,24,28] - ACI had $175 million in adjusted EBITDA in the first half of 2025[18,24] - Cash flow from operating activities was $128 million in the first half of 2025[18] Financial Position - ACI's cash balance was $190 million as of June 30, 2025[18,24] - The net debt leverage ratio was 1.4x[18,24] - The company retired $400 million senior unsecured notes maturing in 2026[24] Guidance - ACI is raising its full-year outlook for both revenue and adjusted EBITDA for 2025[13,24,36] - Updated full year 2025 revenue guidance is $1710 million to $1740 million, compared to the prior guidance of $1690 million to $1720 million[23] - Updated full year 2025 adjusted EBITDA guidance is $490 million to $505 million, compared to the prior guidance of $480 million to $495 million[23]

Financial Performance - Q2'25 - Revenues net of pass-through costs decreased by 2% year-over-year to $736 million[16] - Adjusted EBITDA decreased by 4% year-over-year to $86 million[16] - Adjusted Unlevered Free Cash Flow was $57 million[16] - Net Leverage Ratio was 4.6x[16] Segment Performance - Branded Services revenues decreased by 8% year-over-year[39] and Adjusted EBITDA decreased by 21% year-over-year[39] - Experiential Services revenues increased by 9% year-over-year[43] and Adjusted EBITDA increased by 14% year-over-year[43] - Retailer Services revenues remained flat year-over-year[47] and Adjusted EBITDA increased by 8% year-over-year[48] Outlook and Strategy - Reaffirming 2025 guidance, anticipating revenues and Adjusted EBITDA to be down low single digits to flat versus the prior year[33] - Expect Adjusted Free Cash Flow conversion to be greater than 50% of Adjusted EBITDA[33] - Expect improved H2'25 performance and cash generation[19]

Financial Performance - Net sales reached $108.9 million, a 3% year-over-year increase[27] - Average Order Value (AOV) was $2,074[22] - Total orders increased by 18% year-over-year[22] - Repeat orders grew by 11% year-over-year[22] - Gross margin was 58.3%[22] - Adjusted EBITDA was $3.2 million, representing a 2.9% margin[22] - Net cash ended the period at $98.8 million, a 5% year-over-year increase[22, 27] Strategic Initiatives - The company opened one new showroom in Alpharetta, Georgia, bringing the total to 42 showrooms[27] - The company paid off its outstanding term loan balance of $34.8 million, resulting in zero debt[27] Future Outlook - The company projects third-quarter net sales growth of 8% to 10% year-over-year and adjusted EBITDA of $3 million to $4.5 million[51] - The company anticipates full-year net sales growth of 2.5% to 4% year-over-year and an adjusted EBITDA margin of 3% to 4%[51]