1 Fourth Quarter 2024 Update NYSE Stock Symbol: HAL Common Dividend: $0.17 in the fourth quarter 2024 Shares Outstanding: 868 million as of 2/5/2025 Investor Relations Contacts David Coleman, Sr. Director Lyn Labahn, Director (281) 871-2688 investors@halliburton.com © 2025 Halliburton. All rights reserved. Safe Harbor 4 Strategic Priorities 8 Financial Results The statements in this presentation that are not historical statements are forward-looking statements within the meaning of the federal securities la ...

MAY 8, 2025 4QFY25 Investor Presentation This presentation may not be reproduced, forwarded to any person or published, in whole or in part. 2 4Q Financial & Business Update Company Overview Appendix ALLEGRO'S VALUES Introduction to our New CEO Forward-looking statements This presentation and the accompanying oral remarks contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor pr ...

Nova Investor Presentation May 2025 1 © Nova confidential & proprietary information Use of Non-GAAP Adjusted Financial Measures This presentation provides financial measures that exclude amortization of acquired intangible assets, acquisition-related expenses, inventory step-up and contingent consideration revaluation, stock-based compensation expenses, revaluation of operating lease liabilities and remeasurement of intercompany loans, amortization of debt discount and issuance costs and tax effect of non-G ...

Summary of Cadence Design Systems (CDNS) FY Conference May 12, 2025 Company Overview - **Company**: Cadence Design Systems (CDNS) - **Industry**: Semiconductor and Electronic Design Automation (EDA) Key Points and Arguments Business Resilience - Cadence's business is growing in low double digits with operating margins in the forties, indicating strong financial health despite macroeconomic uncertainties [4][6][9] - The company is essential to its customers, primarily in the semiconductor industry, as their R&D budgets and design cycles are closely tied to Cadence's offerings [6][8] - Cadence has a diversified product portfolio and customer base, with no single customer accounting for more than 10% of revenue, enhancing its resilience [8][9] Product Announcements - The launch of the **Millennium M2000 supercomputer** is a significant development, aimed at enhancing engineering and scientific workloads, with a strong partnership with NVIDIA [12][13] - The Millennium product is designed to be co-optimized with software and hardware, providing flexibility for customers to use it on-premises or via the cloud [24][26][27] - The **Tensilica NeuroEdge** co-processor was also announced, offering 30% smaller area and 20% dynamic power savings [21] Market Dynamics - The semiconductor industry is experiencing a shift towards more complex designs, particularly in AI and HPC, driving demand for Cadence's verification and emulation tools [30][31][34] - Cadence expects 2025 to be another record year for hardware revenue, following multiple record years [36] Competitive Landscape - The appointment of Lip Bu Tan as Intel CEO is seen as a positive development for Cadence, as he emphasizes innovation and standard workflows, which could lead to increased collaboration [40][41] - Cadence is focusing on a **Star IP strategy**, targeting high-value differentiated IP for advanced nodes, which is crucial as more customers outsource their IP needs [44][48] China Market Outlook - Despite challenges in the Chinese market, Cadence reported a 19% year-over-year growth in Q1 and maintains a flat revenue outlook for 2025 [60][61] - Strong design activity continues in China, particularly in AI and autonomous vehicles, contributing to a positive outlook [58][59] Long-term Growth Opportunities - Cadence sees significant potential in the AI sector, with a multi-year super cycle expected as more companies design AI chips [68][69] - The company is also exploring opportunities in life sciences, where only 1% of design is currently done digitally, indicating a ripe market for disruption [75] Artisan Acquisition - Cadence is acquiring Artisan from Arm to enhance its foundational IP portfolio, which is increasingly needed as new foundries emerge [77][80] Additional Important Insights - The company emphasizes the importance of verification in the design process, which is becoming more complex due to the integration of software and hardware [30][31] - Cadence's diversified customer base mitigates risks associated with reliance on a few large clients, with the top 40 customers contributing 55-60% of total revenue [67] This summary encapsulates the key insights from the conference, highlighting Cadence's strategic positioning, product innovations, market dynamics, and future growth opportunities.

Quarter Ended March 31, 2025 Forward-Looking Statements This presentation may contain forward-looking statements. Information on factors that could cause results to differ materially from those projected in this presentation is available in our Form 10-K for the year ended December 31, 2024, as may be modified by subsequent Forms 10-Q. These documents are available in the Investor Relations section of our website, https://investors.primerica.com. The forward- looking statements speak as of the date on which ...

Tyler Technologies (TYL) 2025 Investor Day May 12, 2025 01:15 PM ET Speaker0 Hello. Here we go. All right. We're going to go ahead and get started. I just wanted to welcome everybody. It's great to see such a large turnout here in San Antonio. And I do want to welcome those joining us on the live webcast stream. So just a few items before we get started. Just, of course, to welcome everybody. Lynn is going kick us off in just a minute. And of course, our customary Safe Harbor statement. Just to remind every ...

The Macerich Company (MAC) Q1 2025 Earnings Call May 12, 2025 01:00 PM ET Company Participants Samantha Greening - AVP - Investor RelationsJackson Hsieh - President, CEO & DirectorDoug Healey - Senior Executive Vice President, LeasingDan Swanstrom - Senior Executive Vice President, Chief Financial Officer and TreasurerKi Bin Kim - Managing DirectorBrad Miller - Senior Vice President, Asset ManagementRonald Kamdem - Managing Director & Head of US REITs and CRE ResearchSamir Khanal - DirectorFloris van Dijkum ...

Financial Data and Key Metrics Changes - FFO excluding certain expenses was approximately $87 million or $0.33 per share for Q1 2025, compared to approximately $75 million or $0.33 per share for Q1 2024, driven by higher leasing revenues [31][32] - Same center NOI, excluding lease termination income, increased by 0.9% year-over-year, while excluding Eddy assets, it increased by 2.4% [33] - Net debt to EBITDA at the end of Q1 was 7.9 times, nearly a full turn lower than at the outset of the path forward plan [35] Business Line Data and Key Metrics Changes - In Q1 2025, the company signed 2.6 million square feet of leases, including 2.3 million square feet of renewals, more than double the leases signed in Q1 2024 [11][21] - Trailing twelve-month leasing spreads were 10.9%, up from 8.8% last quarter, marking 14 consecutive quarters of positive leasing spreads [20] - The leasing speedometer indicated a completion percentage of 60% for new deals, up from 39% last quarter [13] Market Data and Key Metrics Changes - Portfolio sales at the end of Q1 were $837 per square foot, flat compared to Q4 2024, but $928 per square foot when excluding Eddy properties, which is up $13 from the last quarter [19] - Traffic for the year increased by 2% compared to the same period in 2024 [19] - Occupancy in Q1 was 92.6%, down from 94.1% in Q4 2024, primarily due to a decrease in temporary holiday stores [19] Company Strategy and Development Direction - The company is focused on executing its path forward plan, which aims to simplify the business, improve operational performance, and reduce leverage [5][7] - The leasing dashboard, referred to as the leasing speedometer, has been implemented to drive leasing and capital allocation decisions [8] - The company anticipates reaching a mid-2026 inflection point, indicating substantial completion of its plan [6][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the leasing progress and the overall execution of the path forward plan, stating that they are ahead of schedule [5][15] - Minimal impact from tariffs has been observed, with retailers continuing to honor their leases [14][42] - The company expects same store NOI growth in the 3% to 4% range for 2026, with significantly higher growth anticipated in 2027 and 2028 [61] Other Important Information - The company has made substantial progress on asset sales, with total dispositions reaching approximately $1.1 billion, and has identified additional assets totaling up to $400 million for sale or giveback [38][39] - The redevelopment and expansion of Green Acres is set to begin, addressing 370,000 square feet of vacant space [29] Q&A Session Summary Question: Potential upside on leasing due to recent news - Management noted minimal pullback from tenants regarding leasing, indicating strong retailer sentiment and confidence in the leasing metrics [41][42] Question: Clarification on the SNO pipeline - The $80 million SNO pipeline is incremental over revenue generated from 2024, with $25 million expected to be realized in 2025 [44] Question: Spending on leases and guidance reinstatement - Current spending on leases is slightly more than initially envisioned, with expectations for major uplifts in FFO and EBITDA in 2027 and 2028 [47][48] Question: Success of new deals and organizational structure - The consolidation of leasing teams has led to increased leasing activity, with a strong pipeline of new deals and a focus on high-quality spaces [52][53] Question: Same store NOI growth expectations - Management expects same store NOI growth of 3% to 4% in 2026, with higher growth anticipated in subsequent years [61] Question: Clarification on renewal leasing spread statistics - The renewal spread statistics include temporary spaces and are reflective of the exact same space, leading to differences in reported metrics [85][86] Question: Impact of tariffs on asset sales - Management indicated that tariffs have not significantly impacted asset sales, with positive demand and pricing for outparcels and other assets [110][111]

Inter & Co (INTR) Q1 2025 Earnings Call May 12, 2025 11:00 AM ET Company Participants João Vitor N. Menin T. de Souza - Global CEOAlexandre Riccio de Oliveira - CEOSantiago Stel - Senior VP of Finance and Risks & CFOGustavo Schroden - Equity Research DirectorTito Labarta - Vice PresidentThiago Batista - Executive DirectorYuri Fernandes - Executive DirectorMarcelo Mizrahi - Equity Research Conference Call Participants Pedro Leduc - Equity Research AnalystNeha Agarwala - AnalystAntonio Ruette - AnalystDaniel ...

Financial Data and Key Metrics Changes - The company reported GAAP earnings per share of $1.3, a 6% increase compared to the same quarter last year [6] - Revenues increased by 28% from $612.1 million to $783.6 million year-over-year [24] - The company reaffirmed its 2025 earnings per share guidance range of $2.07 to $2.11, compared to last year's non-GAAP earnings of $1.97 per share [7] Business Line Data and Key Metrics Changes - Both the Water and Gas businesses performed well, contributing to the overall strong results [6] - The Gas segment reported an increase in volumes due to normal weather conditions compared to significantly warmer weather in the previous year [24] Market Data and Key Metrics Changes - The company has begun to raise equity through its ATM program, issuing approximately $210 million so far this year [8] - The company is in discussions with data center developers representing up to five gigawatts of needed power generation in the Pittsburgh region [21] Company Strategy and Development Direction - The company plans to invest between $1.4 billion and $1.5 billion in infrastructure improvements in 2025, with $270.5 million already invested by March 31 [7] - The company is focusing on water and wastewater utility acquisitions, having acquired over $518 million in rate base since 2015 [32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting the full-year earnings per share guidance, citing strong first-quarter performance but cautioning about potential headwinds in the remaining quarters [52] - The company is committed to addressing PFAS compliance and expects to spend approximately $450 million to achieve compliance by 2028 [10][56] Other Important Information - The company has been recognized for its operational achievements, including a 99.8% water quality compliance rate [9] - New rates went into effect for Aqua Pennsylvania, expected to increase total annual revenues by $73 million [31] Q&A Session Summary Question: Regarding equity issuance and share price - Management indicated that the focus is on raising the $315 million in equity needed for 2025 rather than considering 2026 equity needs at this time [43] Question: Texas rate case expectations - Management stated that they plan to file the Texas rate case by the end of the month and will provide details on revenue requests and equity layers at that time [45] Question: EPS guidance and performance - Management acknowledged strong first-quarter performance but emphasized the need to wait for clarity as the year progresses before adjusting guidance [52] Question: Impact of EPA announcement on PFAS - Management confirmed that they are proceeding with their PFAS mitigation plans and remain on track with their budget [56] Question: Data centers and gas supply - Management discussed various approaches to support data center development, including behind-the-meter generation and increased distribution volume [65] Question: Beaver Falls settlement status - Management expressed optimism about the Beaver Falls case being on the agenda in June and highlighted the importance of resolving such cases for water supply [90]