1,080 material Form 8-K filings that 839 companies we cover made with the SEC in May 2025, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Acadia Healthcare reported first-quarter 2025 revenue of $770.5 million, up slightly from $768.1 million a year earlier, but net income attributable to the company fell to $8.4 million, or $0.09 per diluted share, from $76.4 million, or $0.83. The company affirmed its full-year 2025 guidance, which includes $2.50 to $2.80 in adjusted earnings per diluted share.
Revenue was $770.5 million versus $768.1 million in Q1 2024, a 0.3% increase.
Net income attributable to Acadia was $8.4 million ($0.09 per diluted share), down from $76.4 million ($0.83) a year earlier.
Adjusted EBITDA was $134.2 million versus $173.9 million, and transaction, legal and other costs were $31.1 million, including $31.0 million of government investigation costs.
Full-year 2025 guidance was affirmed, including revenue of $3.3 to $3.4 billion and adjusted EBITDA of $675 to $725 million.
Topgolf Callaway Brands reported first-quarter 2025 net revenues of $1,092.3 million, down 4.5% from a year earlier, and GAAP net income of $2.1 million, or $0.01 per diluted share, versus $6.5 million a year earlier. The company kept its full-year consolidated revenue and Adjusted EBITDA guidance but lowered its Topgolf revenue outlook because of a softer consumer environment, and the guidance remains subject to the pending sale of Jack Wolfskin.
Q1 2025 net revenues were $1,092.3 million, down 4.5%; GAAP net income was $2.1 million, or $0.01 per diluted share, versus $0.04 a year earlier.
Non-GAAP diluted EPS was $0.11 versus $0.08, and Adjusted EBITDA rose 4.0% to $167.3 million.
Full-year consolidated net revenue ($4.000 billion to $4.185 billion) and Adjusted EBITDA ($415 million to $505 million) guidance was maintained, while Topgolf revenue guidance was lowered to $1.680 billion to $1.790 billion from $1.725 bil
Q2 2025 outlook calls for consolidated net revenues of $1.075 billion to $1.115 billion and Adjusted EBITDA of $139 million to $159 million.
Arrowhead Pharmaceuticals reported fiscal second-quarter 2025 results for the period ended March 31, 2025, with revenue of $542.7 million versus none a year earlier and net income attributable to the company of $370.4 million, compared with a loss of $125.3 million in the prior-year quarter. The company also said it expects to be funded into 2028 following its Sarepta Therapeutics agreement, and that its CFO, Ken Myszkowski, will retire effective May 13, 2025, succeeded by Daniel Apel.
Net income attributable to Arrowhead was $370.4 million, or $2.75 per diluted share, versus a loss of $1.02 per share a year earlier.
Research and development expenses rose to $133.1 million from $101.1 million.
CFO Ken Myszkowski retires effective May 13, 2025; Daniel Apel succeeds him.
DaVita reported first-quarter 2025 results for the period ended March 31, 2025. Revenue rose from $3.071 billion a year earlier, but operating income fell to $439 million from $484 million and diluted EPS fell to $2.00 from $2.65. The company also reaffirmed 2025 guidance of $10.20 to $11.30 in adjusted diluted EPS and $1.0 billion to $1.25 billion in free cash flow, and repurchased 3.7 million shares for $550 million during the quarter.
Total consolidated revenues were $3.224 billion, up from $3.071 billion in the first quarter of 2024.
Operating income was $439 million, a 13.6% margin, compared with $484 million and a 15.8% margin a year earlier.
Diluted EPS was $2.00, compared with $2.65; adjusted diluted EPS was $2.00, compared with $2.26.
2025 guidance: adjusted operating income $2.010 billion to $2.160 billion; free cash flow $1.000 billion to $1.250 billion.
ZoomInfo reported first quarter 2025 GAAP revenue of $305.7 million, down 1% from a year earlier, while GAAP operating income rose to $50.3 million from $43.0 million and diluted EPS was $0.08 versus $0.04. The company raised the low end of its full-year 2025 GAAP revenue guidance to $1.195 billion-$1.205 billion from $1.185 billion-$1.205 billion, and its adjusted EPS guidance to $0.96-$0.98 from $0.95-$0.97. Shareholders also learn that the stock will begin trading under the symbol GTM on May 13, 2025.
GAAP revenue of $305.7 million, down 1% year over year; adjusted operating income of $100.9 million, down 15%
GAAP net income of $26.8 million, or $0.08 per diluted share, versus $15.1 million, or $0.04, a year earlier
Full-year 2025 GAAP revenue guidance of $1.195 billion-$1.205 billion, with the prior range at $1.185 billion-$1.205 billion
Common stock to trade on Nasdaq as GTM before market open on May 13, 2025, replacing the ZI symbol
Simon Property Group reported first-quarter 2025 net income attributable to common stockholders of $413.7 million, or $1.27 per diluted share, down from $731.7 million, or $2.25 per diluted share, a year earlier. Real Estate FFO rose to $1.113 billion, or $2.95 per diluted share, from $2.91, and the company reaffirmed its full-year 2025 Real Estate FFO guidance of $12.40 to $12.65 per diluted share. The lower net income reflects a $54.8 million loss tied to Klépierre exchangeable bonds and a prior-year gain from the sale of its Authentic Brands Group stake.
Net income attributable to common stockholders: $413.7 million ($1.27 per diluted share) versus $731.7 million ($2.25) in the first quarter of 2024.
Real Estate FFO: $1.113 billion ($2.95 per diluted share) versus $1.090 billion ($2.91), a 1.4% increase per share.
Total revenue: $1.473 billion versus $1.443 billion a year earlier.
Full-year 2025 Real Estate FFO guidance reaffirmed at $12.40 to $12.65 per diluted share; quarterly common dividend declared at $2.10, up 5.0% year over year, payable June 30, 2025.
Brink's reported first-quarter 2025 revenue of $1,247 million, up 1% on a GAAP basis and 6% on a constant-currency basis. Non-GAAP adjusted EBITDA was $215 million, down 1%, and non-GAAP EPS was $1.62, down 2%, though the company said both exceeded the top end of its guidance range. The company affirmed its 2025 framework and introduced second-quarter 2025 guidance, and has repurchased over 1.3 million shares year to date.
Q1 2025 GAAP revenue $1,247 million, up 1%; GAAP operating profit $119 million, down 1%
Non-GAAP adjusted EBITDA $215 million, down 1%; GAAP EPS $1.19, up 9%; non-GAAP EPS $1.62, down 2%
Q2 2025 guidance: revenue $1,250 million to $1,300 million, adjusted EBITDA $205 million to $225 million, non-GAAP EPS $1.25 to $1.65
Share repurchases exceeded $110 million year to date through the first quarter
Power Integrations reported first-quarter 2025 net revenue of $105.5 million, up 15% from a year earlier, and GAAP diluted earnings of $0.15 per share, up from $0.07. The board also authorized an additional $50 million for share repurchases, and the company forecast second-quarter revenue of $115 million, plus or minus $5 million, which would be above the first-quarter level.
Q1 2025 net revenues were $105.5 million, up 15% from Q1 2024 and up slightly from Q4 2024.
GAAP diluted EPS was $0.15 versus $0.07 in Q1 2024; non-GAAP diluted EPS was $0.31 versus $0.18.
Q2 2025 revenue is forecast at $115 million, plus or minus $5 million; GAAP gross margin about 55%.
Board authorized an additional $50 million for share repurchases after the company bought back $23.1 million of stock in Q1 and used the remaining $25 million in April.
Maiden Holdings reported a first-quarter 2025 net loss of $8.6 million, or $0.09 per diluted share, compared with net income of $1.5 million in the first quarter of 2024. Book value per common share fell 17.4% to $0.38 at March 31, 2025, while the company said its pending Kestrel combination and sale of its International Insurance Services operation are targeted for the second quarter of 2025.
Q1 2025 net loss attributable to common shareholders was $8.6 million, or $0.09 per diluted share, versus net income of $1.5 million in Q1 2024.
Underwriting income was $7.5 million, compared with an underwriting loss of $7.5 million in Q1 2024, driven by $12.4 million of favorable prior year loss development.
Book value per common share decreased 17.4% to $0.38; adjusted book value per share decreased 6.6% to $1.42 at March 31, 2025.
Shareholders approved all Kestrel proposals on April 29, 2025; the company targets completing the Kestrel and IIS transactions in the second quarter of 2025.
Essential Utilities reported first-quarter 2025 net income of $283.8 million, or $1.03 per share, up from $265.8 million, or $0.97 per share, a year earlier. Revenue rose 28% to $783.6 million, mainly from regulatory recoveries, higher purchased gas costs and higher regulated natural gas volumes, and the company affirmed its 2025 EPS guidance of $2.07 to $2.11. Shareholders also have a quarterly dividend of $0.3255 per share, payable June 2, 2025 to holders of record on May 13, 2025.
Q1 2025 net income was $283.8 million, or $1.03 per diluted share, versus $265.8 million, or $0.97, in Q1 2024.
Operating revenues were $783.6 million, up 28% from $612.1 million.
2025 diluted EPS guidance of $2.07 to $2.11 was affirmed, and long-term targets were also affirmed.
Quarterly dividend of $0.3255 per share is payable June 2, 2025 to shareholders of record on May 13, 2025.
RadNet reported first-quarter 2025 revenue of $471.4 million, up 9.2%, but Adjusted EBITDA fell 20.6% to $46.4 million and the company posted a net loss attributable to RadNet of $37.9 million, compared with a $2.8 million loss a year earlier. The company raised its full-year 2025 revenue and Adjusted EBITDA guidance ranges, citing the Southern California wildfires and severe winter weather that it said reduced first-quarter revenue by about $22 million.
Total Company revenue rose to $471.4 million from $431.7 million; Adjusted EBITDA fell to $46.4 million from $58.5 million.
Net loss per share was $(0.51) versus $(0.04) a year earlier; adjusted diluted loss per share was $(0.35) versus adjusted earnings of $0.07.
Imaging Center revenue guidance was raised to $1,835 million to $1,885 million from $1,825 million to $1,875 million; Adjusted EBITDA guidance was raised to $268 million to $276 million from $265 million to $273 million.
RadNet signed a definitive agreement on April 15, 2025 to acquire iCAD, Inc., subject to customary closing conditions.
Fox Corporation reported results for the quarter ended March 31, 2025. Revenue rose 27% to $4.37 billion, driven by Super Bowl LIX advertising, but net income attributable to Fox stockholders fell to $346 million ($0.75 per share) from $666 million ($1.40 per share). Adjusted EPS was $1.10 versus $1.09 a year earlier, while Adjusted EBITDA fell to $856 million from $891 million as expenses rose.
Total revenues were $4.37 billion, up $924 million or 27%, with advertising revenues up 65% on Super Bowl LIX and Tubi growth.
Net income attributable to Fox stockholders was $346 million ($0.75 per share), down from $666 million ($1.40 per share).
Adjusted EPS was $1.10 versus $1.09, and Adjusted EBITDA was $856 million versus $891 million, as higher sports rights amortization and production costs outpaced revenue growth.
The Company repurchased about $250 million of Class A stock during the quarter, with a remaining authorization of $650 million.
Macerich reported first-quarter 2025 results on May 12, 2025. The net loss attributable to the company was $50.1 million, or $0.20 per diluted share, compared with $126.7 million, or $0.59 per share, a year earlier, while total revenues rose to $249.2 million from $208.8 million. FFO excluding certain items was $87.4 million, or $0.33 per share, the same per-share figure as a year earlier, but portfolio occupancy fell to 92.6% from 93.4%.
Total revenues were $249.2 million for the quarter, up from $208.8 million in the first quarter of 2024.
Net loss attributable to the company was $50.1 million ($0.20 per diluted share), versus $126.7 million ($0.59 per share) a year earlier.
FFO excluding certain items was $87.4 million ($0.33 per share), compared with $74.6 million ($0.33 per share).
Portfolio occupancy was 92.6% at March 31, 2025, down from 93.4% at March 31, 2024.
Fortrea reported first-quarter 2025 revenue of $651.3 million, down from $662.1 million a year earlier, and a GAAP net loss of $562.9 million that includes a non-cash goodwill impairment charge of $488.8 million. Adjusted EBITDA rose to $30.3 million from $27.1 million, and the company reiterated its full-year 2025 guidance. Chairman and CEO Thomas Pike will step down on May 13, 2025, and Lead Independent Director Peter M. Neupert will serve as interim CEO and Board Chair.
Revenue was $651.3 million in the quarter, compared with $662.1 million in the first quarter of 2024.
GAAP net loss was $562.9 million, or $6.25 per diluted share, including the $488.8 million goodwill impairment; adjusted EPS was $0.02 versus $(0.05) a year earlier.
Adjusted EBITDA was $30.3 million, compared with $27.1 million in the first quarter of 2024.
Full-year 2025 guidance was reiterated at revenue of $2.45 billion to $2.55 billion and adjusted EBITDA of $170 million to $200 million; Peter M. Neupert becomes interim CEO on May 13, 2025.
Sally Beauty reported fiscal second-quarter results for the period ended March 31, 2025, with net sales down 2.8% to $883.1 million and comparable sales down 1.3%. GAAP diluted EPS rose to $0.38 from $0.27, and adjusted diluted EPS rose 20% to $0.42, while the company updated its full-year fiscal 2025 guidance and extended its share repurchase program to September 30, 2029.
Net sales of $883.1 million, down 2.8%; comparable sales down 1.3%, which the company attributed to weather, an unusually harsh flu season and macro uncertainty
GAAP diluted EPS of $0.38 versus $0.27 a year earlier; adjusted diluted EPS of $0.42 versus $0.35, a 20% increase
Full-year fiscal 2025 guidance: comparable sales flat to down 1%; adjusted operating margin of 8.0% to 8.5%
Board approved extending the share repurchase program to September 30, 2029, with $501.1 million remaining under the authorization
United Parks & Resorts reported first quarter 2025 results, with total revenue of $286.9 million, down 3.5% from a year earlier, and a net loss of $16.1 million, compared with $11.2 million in the first quarter of 2024. The company attributed the weaker results mainly to the shift of Easter and Spring Break from the first quarter into the second, and CEO Marc Swanson said the company continues to expect new records in revenue and Adjusted EBITDA in 2025.
Total revenue was $286.9 million, down $10.5 million or 3.5%, and attendance was 3.4 million guests, down 1.7%.
Net loss was $16.1 million, or $0.29 per diluted share, compared with $11.2 million, or $0.17 per diluted share, a year earlier.
Adjusted EBITDA was $67.4 million, down $11.7 million or 14.8%; net cash from operating activities was $25.7 million, down from $71.4 million.
April 2025 attendance rose 8.1% compared with April 2024, and the company said it continues to expect new records in revenue and Adjusted EBITDA in 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.