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).
Houlihan Lokey reported fiscal 2025 revenue of $2.39 billion, up from $1.91 billion, and GAAP diluted EPS of $5.82, up from $4.11, for the year ended March 31, 2025. Fourth-quarter revenue rose to $666 million from $520 million, and the company raised its quarterly dividend 5% to $0.60 per share. The company said current volatility makes meaningful forecasts difficult, so it gave no forward guidance.
Fiscal 2025 revenue $2.39 billion vs. $1.91 billion; Corporate Finance revenue up 38%
Fiscal 2025 GAAP diluted EPS $5.82 vs. $4.11; adjusted diluted EPS $6.29 vs. $4.49
Fourth-quarter revenue $666 million vs. $520 million; GAAP diluted EPS $1.76 vs. $1.18
Quarterly dividend raised 5% to $0.60 per share, payable June 15, 2025 to holders of record June 2, 2025
Black Hills Corp. reported first-quarter 2025 diluted earnings per share of $1.87, unchanged from a year earlier, while revenue rose to $805.2 million from $726.4 million and net income available for common stock rose to $134.3 million from $127.9 million. The company reaffirmed its 2025 earnings guidance of $4.00 to $4.20 per share, which matters to shareholders because it signals management expects to hold its earnings outlook for the year.
Diluted EPS was $1.87 in Q1 2025, the same as Q1 2024; net income available for common stock was $134.3 million versus $127.9 million.
Revenue was $805.2 million versus $726.4 million; operating income was $205.0 million versus $193.3 million.
The company reaffirmed 2025 EPS guidance of $4.00 to $4.20, based on assumptions issued Feb. 5, 2025.
The 260-mile Ready Wyoming transmission project is expected to be fully in service by year-end 2025.
Ormat Technologies reported first-quarter 2025 results, with total revenues up 2.5% to $229.8 million and net income attributable to stockholders up 4.6% to $40.4 million. The company reiterated its 2025 full-year guidance and agreed to acquire the 20 MW Blue Mountain geothermal plant for $88 million, a deal expected to close by the end of the second quarter.
Diluted EPS was $0.66 vs $0.64 a year earlier; adjusted EBITDA was a record $150.3 million, up 6.4%
Energy Storage revenues rose 119.7%, while Electricity revenues fell 5.8% due to curtailments in California and Nevada
Gross profit declined 7.5% to $72.9 million, and operating income fell 3.2% to $50.9 million
2025 guidance reiterated: total revenues of $935 million to $975 million and adjusted EBITDA of $563 million to $593 million
Carlyle reported first quarter 2025 results, with net income attributable to common stockholders of $130.0 million, or $0.35 per diluted share, up from $65.6 million, or $0.18, a year earlier. Total revenues rose to $973.1 million from $688.4 million, and Fee Related Earnings increased 17% to $311 million, which the company said was a record, while the board declared a $0.35 quarterly dividend.
Net income attributable to common stockholders was $130.0 million in Q1 2025, versus $65.6 million in Q1 2024.
Total revenues were $973.1 million in Q1 2025, versus $688.4 million in Q1 2024.
Fee Related Earnings were $311 million in Q1 2025, up 17% from $266 million, with a 48% FRE margin.
Quarterly dividend of $0.35 per common share is payable May 27, 2025, to holders of record on May 19, 2025.
Kodiak Gas Services reported first-quarter 2025 revenue of $329.6 million and net income attributable to common shareholders of $30.4 million, both up from the fourth quarter of 2024. The company raised its full-year 2025 adjusted EBITDA guidance and increased its quarterly dividend by 10%, which benefits shareholders through higher expected cash generation and capital returns. Diluted EPS of $0.33 was below the $0.39 reported a year earlier.
Total revenues were $329.6 million, up from $309.5 million in the fourth quarter of 2024 and $215.5 million in the first quarter of 2024.
Net income attributable to common shareholders was $30.4 million; diluted EPS was $0.33, versus $0.21 in the prior quarter and $0.39 a year earlier.
Full-year 2025 adjusted EBITDA guidance was raised to $695 million to $725 million, a $10 million increase to the low end of the range.
The quarterly dividend was raised 10% to $0.45 per share, and about $10 million of common stock was repurchased at an average price of $36.87.
Ellington Financial reported net income attributable to common stockholders of $31.6 million, or $0.35 per share, for the quarter ended March 31, 2025, up from $22.4 million, or $0.25 per share, in the prior quarter. Adjusted distributable earnings were $35.5 million, or $0.39 per share, and book value per common share was $13.44 as of March 31, 2025, after dividends of $0.39 per share for the quarter. The company also declared a monthly dividend of $0.13 per common share on May 7, 2025.
Net income attributable to common stockholders of $31.6 million, or $0.35 per share, versus $22.4 million, or $0.25 per share, for the quarter ended December 31, 2024
Adjusted distributable earnings of $35.5 million, or $0.39 per common share
Book value per common share of $13.44 as of March 31, 2025
Monthly dividend of $0.13 per common share declared May 7, 2025; the company will hold a conference call on May 8, 2025 at 11:00 a.m. Eastern Time
U.S. Physical Therapy reported first-quarter 2025 results for the period ended March 31, 2025. Revenue from physical therapy operations rose 16.4% to $156.4 million, and earnings per share attributable to shareholders were $0.80, compared with $0.46 a year earlier, while non-GAAP Operating Results per share fell to $0.48 from $0.51. The board also declared a $0.45 quarterly dividend.
Revenue from physical therapy operations rose $22.0 million, or 16.4%, to $156.4 million.
Net income attributable to USPH shareholders was $9.9 million, or $0.80 per share, versus $8.0 million, or $0.46 per share, a year earlier.
Non-GAAP Operating Results were $7.3 million, or $0.48 per share, versus $7.7 million, or $0.51 per share, in the prior-year quarter.
Quarterly dividend of $0.45 per share is payable June 13, 2025, to shareholders of record on May 23, 2025.
StoneX reported fiscal second-quarter results for the period ended March 31, 2025, with net operating revenues of $487.3 million, up 15% from a year earlier, and net income of $71.7 million, up 35%. Diluted EPS rose 29% to $1.41, with per-share figures adjusted for a three-for-two stock split effected March 21, 2025. The release also notes the pending acquisition of R.J. O'Brien, which the company expects to close in the second half of 2025.
Net operating revenues were $487.3 million, up 15% from $422.3 million in the same quarter last year.
Net income was $71.7 million, up from $53.1 million; return on equity was 15.7% versus 14.0%.
Diluted EPS was $1.41, up from $1.09, after adjustment for the March 21, 2025 three-for-two stock split.
Six-month net income was $156.8 million, up 28%, and six-month diluted EPS was $3.10, up 24%.
Phibro reported results for the fiscal third quarter ended March 31, 2025, with net sales up 32% to $347.8 million, driven largely by the Zoetis MFA portfolio acquired October 31, 2024. The company also updated its fiscal 2025 guidance, forecasting net sales of $1.26 billion to $1.29 billion and adjusted EBITDA of $177 million to $183 million. Net income and diluted EPS both rose, while management said tariffs may affect certain inputs and sales in the next fiscal year.
Net income $20.9 million vs. $8.4 million a year earlier; diluted EPS $0.51 vs. $0.21
Adjusted EBITDA $54.9 million, up 85%; gross margin 30.1%, down 10 basis points
FY2025 guidance: net sales $1.26 billion to $1.29 billion; adjusted EBITDA $177 million to $183 million; diluted EPS $0.98 to $1.11
Webcast and conference call scheduled for Thursday, May 8, 2025 at 9:00 AM Eastern
Atmos Energy reported results for its fiscal 2025 second quarter, which ended March 31, 2025, and raised its fiscal 2025 earnings per diluted share guidance to $7.20-$7.30 from $7.05-$7.25. The board also declared a quarterly dividend of $0.87 per share, with an indicated fiscal 2025 annual dividend of $3.48, an 8.1% increase over fiscal 2024.
Fiscal year-to-date diluted EPS of $5.26 on net income of $837.4 million
Fiscal 2025 EPS guidance raised to $7.20-$7.30 from $7.05-$7.25 per diluted share
Quarterly dividend of $0.87 per share; indicated fiscal 2025 annual dividend of $3.48, up 8.1%
Fiscal 2025 capital expenditure guidance of approximately $3.7 billion; conference call May 8, 2025 at 10:00 a.m. Eastern
Coeur Mining reported first quarter 2025 revenue of $360 million, up from $305 million in the prior quarter and $213 million a year earlier. GAAP net income from continuing operations was $33 million, or $0.06 per share, compared with a loss of $29 million in the first quarter of 2024, and the company reaffirmed its full-year 2025 guidance. Free cash flow was $18 million and the revolving credit facility balance was cut by $85 million, though GAAP net income declined from $38 million in the fourth quarter of 2024.
Revenue of $360 million, compared with $305 million in the fourth quarter of 2024 and $213 million in the first quarter of 2024.
GAAP net income from continuing operations of $33 million, or $0.06 per share; adjusted net income of $60 million, or $0.11 per share.
Revolving credit facility balance reduced by 44%, or $85 million, to $110 million.
Full-year 2025 guidance reaffirmed, including production of 380,000 - 440,000 ounces of gold and 16.7 - 20.3 million ounces of silver.
Chesapeake Utilities reported first-quarter 2025 net income of $50.9 million, or $2.21 per diluted share, up from $46.2 million, or $2.07, a year earlier. The company said it continues to affirm its 2025 EPS guidance of $6.15 to $6.35 per share and its 2028 EPS guidance of $7.75 to $8.00 per share, which shareholders will weigh against the first-quarter gains.
Net income was $50.9 million ($2.21 per diluted share) for the first quarter of 2025, versus $46.2 million ($2.07) a year earlier.
Adjusted EPS, which excludes Florida City Gas transaction and transition costs, was $2.22 versus $2.10 in the first quarter of 2024.
Adjusted gross margin grew $17.9 million, or 10.9 percent, to $182.4 million, driven mainly by customer consumption and colder temperatures.
The company reaffirmed 2025 EPS guidance of $6.15 to $6.35 per share and 2025 capital expenditure guidance of $325 million to $375 million; a conference call is scheduled for May 8, 2025, at 8:00 a.m. Eastern Time.
American States Water reported first-quarter 2025 diluted earnings per share of $0.70, up from $0.62 a year earlier, with total operating revenues of $148.0 million versus $135.3 million. The gain came mainly from new rates at its regulated water and electric utilities, while contracted services earnings were flat, and the company expects that segment to contribute $0.59 to $0.63 per share for full-year 2025.
Diluted EPS was $0.70 for the quarter ended March 31, 2025, versus $0.62 in the prior-year quarter, an increase of $0.08 or 13%
Total operating revenues were $148.0 million versus $135.3 million; net income was $26.8 million versus $23.1 million
Water segment EPS was $0.52 versus $0.48, and electric segment EPS was $0.07 versus $0.05; contracted services was $0.13 in both periods
Board approved a second-quarter dividend of $0.4655 per share, payable June 3, 2025 to holders of record on May 19, 2025
Primerica reported first-quarter 2025 results on May 7, 2025, with total revenues of $804.8 million, up 9%, and diluted earnings per share of $5.05, up 19% from continuing operations in the prior-year period. Growth was driven mainly by its Investment and Savings Products segment, while its Term Life segment benefited from a stable in-force policy block, and the company also repurchased $118 million of common stock.
Total revenues were $804.8 million, up 9% from the first quarter of 2024.
Net income was $169.1 million, up 14% versus continuing operations in the prior-year period; diluted EPS was $5.05, up 19%.
Diluted adjusted operating EPS was $5.02, up 20% from the first quarter of 2024.
The company repurchased $118 million of common stock and declared a dividend of $1.04 per share, payable June 13, 2025, to holders of record on May 22, 2025.
Q2 Holdings reported first-quarter 2025 revenue of $189.7 million, up 15% from a year earlier, and GAAP net income of $4.8 million, compared with a net loss of $13.8 million in the prior-year quarter. The company also issued second-quarter 2025 revenue and adjusted EBITDA guidance and updated its full-year 2025 guidance, giving shareholders new targets to track.
Q1 2025 revenue of $189.7 million, up 15% year over year and up 4% from fourth quarter 2024
GAAP net income of $4.8 million versus a $13.8 million net loss in Q1 2024; adjusted EBITDA of $40.7 million versus $25.2 million
Q2 2025 guidance: revenue of $191.0 million to $195.0 million and adjusted EBITDA of $41.0 million to $44.0 million
Updated full-year 2025 guidance: revenue of $776.0 million to $783.0 million and adjusted EBITDA of $170.0 million to $175.0 million
Dutch Bros reported first quarter 2025 total revenues of $355.2 million, up 29.1% from $275.1 million a year earlier, and net income of $22.5 million versus $16.2 million. The company said 2025 total revenues, system same shop sales growth and adjusted EBITDA are trending toward the top half of the ranges it gave last quarter, which points to stronger expected results for shareholders.
Q1 2025 total revenues rose 29.1% to $355.2 million from $275.1 million
Diluted net income per share was $0.13 versus $0.08; adjusted EBITDA grew 19.7% to $62.9 million
Company-operated shops contribution margin was 29.4%, down 40 bps year over year
2025 guidance: total revenues $1.555 billion to $1.575 billion; adjusted EBITDA $265 million to $275 million, now trending toward the top half
Permian Resources reported first-quarter 2025 results showing higher oil and gas sales and net income attributable to Class A shares than a year earlier, and lowered the midpoint of its 2025 capital budget by $50 million. The company also agreed to buy APA Corporation's Northern Delaware Basin assets for $608 million, which is not included in its revised standalone guidance.
Oil and gas sales were $1.38 billion for Q1 2025, up from $1.24 billion a year earlier; net income attributable to Class A Common Stock was $329 million, up from $147 million, and diluted EPS was $0.44 versus $0.25.
Cash capital expenditure guidance was narrowed to $1.9 billion to $2.0 billion from $1.9 billion to $2.1 billion, while oil and total production guidance ranges were maintained.
The APA acquisition covers about 13,320 net acres and is expected to add about 12,000 Boe/d in the second half of 2025; it is expected to close by the end of the second quarter of 2025.
The board declared a $0.15 per share second quarter base dividend, and the company repurchased 4.1 million shares for $43 million in April at a weighted average price of $10.52.
Kyndryl reported results for the fourth quarter and fiscal year ended March 31, 2025. Quarterly revenue was $3.8 billion, down 1% as reported and up 1.3% in constant currency, while net income swung to $68 million from a $45 million loss a year earlier. The company guided fiscal 2026 adjusted pretax income to at least $725 million, up at least $243 million, which signals higher expected profitability for shareholders.
Q4 revenue of $3.8 billion, down 1% as reported and up 1.3% in constant currency
Q4 net income of $68 million, or $0.28 per diluted share, versus a net loss of $45 million a year earlier
Q4 adjusted pretax income of $185 million, up 510% from $30 million
FY2026 outlook: adjusted pretax income of at least $725 million and adjusted free cash flow of approximately $550 million
Tutor Perini reported first-quarter 2025 revenue of $1.25 billion, up 19% from a year earlier, and diluted EPS of $0.53, up from $0.30. The company raised its 2025 EPS guidance to $1.60 to $1.95 from $1.50 to $1.90, and said it expects 2026 and 2027 EPS to be more than double its 2025 guidance. Operating cash flow fell to $22.9 million from $98.3 million a year earlier, which the company attributed to prior-year dispute collections.
Revenue $1.25 billion, up 19% from $1.05 billion; income from construction operations $65.3 million, up 34%
Diluted EPS $0.53 versus $0.30 a year earlier; net income attributable to the company $28.0 million
2025 EPS guidance raised to $1.60 to $1.95 from $1.50 to $1.90
Backlog record $19.4 billion at March 31, 2025, up 94%; operating cash flow $22.9 million versus $98.3 million
Texas Pacific Land reported first-quarter 2025 net income of $120.7 million, or $5.24 per diluted share, up from $114.4 million, or $4.97 per diluted share, in the first quarter of 2024. Total revenues rose to $196.0 million from $174.1 million a year earlier, and oil and gas royalty production reached a company record of 31.1 thousand barrels of oil equivalent per day.
Net income $120.7 million, or $5.24 per diluted share, versus $114.4 million, or $4.97, a year earlier
Total revenues $196.0 million versus $174.1 million in Q1 2024; Water Services and Operations revenue a record $69.4 million
Oil and gas royalty production 31.1 thousand Boe per day, a company record, versus 24.8 thousand a year earlier
Quarterly cash dividend of $1.60 per share declared May 6, 2025, payable June 16, 2025 to holders of record on June 2, 2025
Royal Gold reported record first-quarter 2025 net income of $113.5 million, or $1.72 per share, on revenue of $193.4 million, compared with net income of $47.2 million, or $0.72 per share, a year earlier. The company said higher gold, silver and copper prices drove the increase, and it also reported adjusted net income of $99.8 million, or $1.51 per share, and total available liquidity of $1.25 billion.
Net income of $113.5 million ($1.72 per share) versus $47.2 million ($0.72 per share) in the first quarter of 2024
Revenue of $193.4 million, with an average gold price of $2,860 per ounce versus $2,070 a year earlier
Operating cash flow of $136.4 million, down from $138.3 million in the prior-year quarter
Quarterly dividend of $0.45 per share, a 12.5% increase over the prior year period; total liquidity about $1.25 billion
Kratos reported first quarter 2025 revenue of $302.6 million, up 9.2% from $277.2 million a year earlier, and GAAP net income of $4.5 million, or $0.03 per share, versus $1.3 million, or $0.01 per share, in the prior-year quarter. The company reaffirmed its full-year 2025 revenue guidance of $1,260 million to $1,285 million and issued initial second-quarter 2025 revenue guidance of $300 million to $310 million.
Q1 2025 revenue was $302.6 million, up 9.2%, with 7.4% organic growth; operating income was $6.6 million versus $7.0 million a year earlier
GAAP net income attributable to Kratos was $4.5 million ($0.03 per diluted share) versus $1.3 million ($0.01) in Q1 2024; adjusted EPS was $0.12 versus $0.11
Cash flow used in operations was $29.2 million in Q1 2025; free cash flow use was $51.8 million after $22.6 million of capital expenditures
Consolidated backlog was $1.508 billion at March 30, 2025, up from $1.445 billion at December 29, 2024
ESCO Technologies reported fiscal second-quarter 2025 results for the quarter ended March 31, 2025, with sales up 7% to $265.5 million and adjusted EPS up 24% to $1.35. The company raised its FY 2025 adjusted EPS guidance by $0.10 to $5.65-$5.85 excluding Maritime, and it closed the SM&P acquisition, now ESCO Maritime Solutions, on April 25.
Q2 sales were $265.5 million, up from $249.1 million; entered orders were $290.8 million, a book-to-bill of 1.10x
GAAP EPS was $1.20 versus $0.90 a year earlier; adjusted EPS was $1.35 versus $1.09
FY 2025 adjusted EPS guidance was raised to $5.65-$5.85 excluding Maritime, or $5.85-$6.15 including Maritime, from $5.55-$5.75
Q3 2025 adjusted EPS guidance excluding Maritime is $1.50-$1.60; the $0.08 quarterly dividend is payable July 17, 2025
OPENLANE reported first-quarter 2025 results, with revenue up 7% to $460.1 million and income from continuing operations of $36.9 million, up 99% from $18.5 million a year earlier. The company maintained its 2025 guidance and board approved a new share repurchase authorization of up to $250 million through December 31, 2026. For shareholders, profit growth and a larger buyback authorization stand out, though management said tariffs remain an open question for the industry.
Total operating revenues were $460.1 million, up from $429.9 million, an increase of 7%.
Income from continuing operations was $36.9 million, compared with $18.5 million; diluted EPS was $0.18, compared with $0.05.
Adjusted EBITDA was $82.8 million, up from $74.8 million a year earlier.
2025 guidance was maintained, with income from continuing operations of $100 million to $114 million and diluted EPS of $0.38 to $0.48; a new $250 million buyback runs through December 31, 2026.
EPR Properties reported first-quarter 2025 total revenue of $175.0 million, up 4.7% from a year earlier, and diluted earnings per share of $0.78 versus $0.75. The company raised its 2025 FFOAA per diluted share guidance to $5.00 to $5.16 from $4.94 to $5.14, and raised its disposition proceeds guidance to $80.0 million to $120.0 million, which matters to shareholders because it points to higher expected earnings for the full year.
Total revenue was $175.0 million, up 4.7% from $167.2 million; net income available to common shareholders was $59.8 million.
Diluted EPS was $0.78 versus $0.75; FFOAA per diluted share was $1.19 versus $1.13, up 5.3%.
2025 FFOAA per diluted share guidance rose to $5.00 to $5.16 from $4.94 to $5.14; investment spending guidance was kept at $200.0 million to $300.0 million.
The monthly dividend was raised 3.5% to $0.295 per share, payable April 15, 2025; after quarter-end the company repaid $300.0 million of notes due April 1, 2025 using its credit facility.
SiTime reported first-quarter 2025 results on May 7, 2025, with net revenue of $60.3 million, up from $33.0 million a year earlier. The GAAP net loss was $23.9 million, or $1.01 per diluted share, compared with a $28.7 million loss a year earlier, and non-GAAP net income was $6.3 million, or $0.26 per diluted share. CEO Rajesh Vashist said the company anticipates continued strong growth in the second quarter, with its business outlook to be discussed on the conference call.
Q1 2025 net revenue was $60.3 million, up 83% from $33.0 million in Q1 2024 but down from $68.1 million in Q4 2024.
GAAP net loss was $23.9 million, or $1.01 per diluted share, versus a $28.7 million net loss in Q1 2024.
Non-GAAP net income was $6.3 million, or $0.26 per diluted share; GAAP gross margin was 50.3%.
Total cash, cash equivalents and short-term investments were $398.9 million on March 31, 2025.
Acadia Pharmaceuticals reported first quarter 2025 total revenues of $244.3 million, up 19% from a year earlier, and net income of $19.0 million, or $0.11 per diluted share, compared with $16.6 million, or $0.10 per share, in the first quarter of 2024. The company reiterated most of its full year 2025 guidance but raised its R&D expense range to $330 million to $350 million, citing the accelerated timing of the ACP-101 Phase 3 study.
Total revenues of $244.3 million, up 19%; NUPLAZID net product sales of $159.7 million, up 23%; DAYBUE net product sales of $84.6 million, up 11%
Net income of $19.0 million, or $0.11 per diluted share, versus $16.6 million, or $0.10 per share, a year earlier
Full year 2025 R&D expense guidance raised to $330 million to $350 million from $310 million to $330 million; other guidance reiterated
Cash, cash equivalents and investment securities of $681.6 million at March 31, 2025, down from $756.0 million at December 31, 2024, after $98.8 million in payments to Neuren
ADMA Biologics reported first-quarter 2025 revenue of $114.8 million, up 40% from a year earlier, and GAAP net income of $26.9 million, up 51%. The company raised its 2025 total revenue guidance to more than $500 million and its 2026 guidance to $625 million or more, and its board authorized a share repurchase program of up to $500 million with no expiration date.
Q1 2025 revenue was $114.8 million versus $81.9 million in Q1 2024; GAAP net income was $26.9 million versus $17.8 million.
FY 2025 total revenue guidance was raised to more than $500 million; FY 2026 total revenue guidance was raised to $625 million or more.
The board authorized a share repurchase program of up to $500 million, which the filing says has no expiration date.
On May 5, 2025 the company borrowed $30.0 million under its Ares revolving credit facility and used it to repay $30.0 million of its term loan; $2.5 million of the term loan remains outstanding.
Verra Mobility reported first quarter 2025 total revenue of $223.3 million, up 6% from $209.7 million a year earlier, and net income of $32.3 million, or $0.20 per diluted share, compared with $29.1 million, or $0.17, in the prior-year quarter. The company reaffirmed all 2025 full-year guidance but said results could trend toward the lower end of the ranges previously given because of economic uncertainty and possible effects on travel demand.
Q1 2025 total revenue was $223.3 million, up 6% from $209.7 million; Adjusted EPS was $0.30 versus $0.27.
Net income was $32.3 million, or $0.20 per diluted share, versus $29.1 million, or $0.17, a year earlier.
2025 guidance reaffirmed: total revenue of $925 million to $935 million and Adjusted EPS of $1.30 to $1.35, with a warning of risk toward the lower end of the ranges.
Net Leverage was 2.3x at March 31, 2025, down from 2.4x at December 31, 2024; cash flow from operations was $63.0 million.
Fortinet reported first quarter 2025 results for the period ended March 31, 2025, with total revenue of $1.54 billion, up 13.8% from a year earlier, and GAAP net income of $433.4 million, or $0.56 per diluted share, compared with $0.39 a year earlier. The company also gave guidance for the second quarter and full year 2025, with second-quarter revenue expected at $1.590 billion to $1.650 billion and full-year revenue at $6.650 billion to $6.850 billion.
Total revenue was $1.54 billion, up 13.8% from $1.35 billion in Q1 2024.
GAAP net income was $433.4 million, or $0.56 per diluted share, versus $0.39 in Q1 2024.
Non-GAAP operating margin was 34.2%, compared with 28.5% a year earlier.
Q2 2025 revenue guidance is $1.590 billion to $1.650 billion; full-year 2025 revenue guidance is $6.650 billion to $6.850 billion.
Remitly reported first quarter 2025 revenue of $361.6 million, up 34% from a year earlier, and net income of $11.4 million, compared with a net loss of $21.1 million in the first quarter of 2024. The company raised its full-year 2025 revenue outlook to $1.574 billion to $1.587 billion and its Adjusted EBITDA outlook to $195 million to $210 million, and it guided to a GAAP net loss for the second quarter.
Q1 2025 revenue was $361.6 million, up 34%; send volume rose 41% to $16.2 billion.
Q1 2025 net income was $11.4 million, versus a net loss of $21.1 million a year earlier; Adjusted EBITDA was $58.4 million, up 157%.
Full-year 2025 revenue outlook raised to $1.574 billion to $1.587 billion, from $1.565 billion to $1.580 billion.
Second-quarter 2025 guidance calls for revenue of $383 million to $385 million and a GAAP net loss.
QuinStreet reported results for its fiscal third quarter ended March 31, 2025, with revenue of $269.8 million, up 60% year over year, and GAAP net income of $4.4 million, or $0.08 per diluted share, compared with a net loss of $7.0 million a year earlier. The company kept its full fiscal 2025 outlook, with revenue expected between $1.065 billion and $1.105 billion and adjusted EBITDA between $80 million and $85 million.
Q3 revenue $269.8 million, up 60% year over year; Financial Services revenue up 78% and Home Services up 21%
GAAP net income $4.4 million ($0.08 per diluted share) vs. net loss of $7.0 million ($0.13 per share) a year earlier
Adjusted EBITDA $19.4 million vs. $7.9 million a year earlier; cash and cash equivalents $81.8 million and no bank debt
Full fiscal 2025 outlook maintained: revenue $1.065 billion to $1.105 billion; adjusted EBITDA $80 million to $85 million
EVERTEC reported first-quarter 2025 revenue of $228.8 million, up 11% from $205.3 million a year earlier, and GAAP net income attributable to common shareholders of $32.7 million, or $0.50 per diluted share, compared with $0.24 a year earlier. The company raised its constant currency revenue and constant currency adjusted earnings per share outlook for 2025, which matters to shareholders because it signals higher expected results for the full year.
Revenue rose 11% to $228.8 million; constant currency revenue was $235.5 million, up 15%
GAAP net income attributable to common shareholders was $32.7 million, or $0.50 per diluted share, versus $16.0 million, or $0.24, a year earlier
Adjusted earnings per common share was $0.87, up 21% from $0.72
2025 constant currency revenue outlook is $903 million to $911 million; constant currency adjusted EPS outlook is $3.44 to $3.53
Encore Capital Group reported first quarter 2025 results for the period ended March 31, 2025, with revenue of $392.8 million, up 20%, and net income of $46.8 million, up 101%. The company reiterated its full-year 2025 guidance, which calls for global portfolio purchases above the $1.35 billion made in 2024 and collections growth of 11% to $2.4 billion.
Diluted earnings per share were $1.93, up from $0.95 a year earlier.
Global collections rose 18% to $605 million, including a record $454 million in the U.S.
Global portfolio purchases rose 24% to $368 million, including a record $316 million in the U.S.
The company repurchased $10 million of its common stock in the quarter and reiterated 2025 guidance.
Veracyte reported first-quarter 2025 total revenue of $114.5 million, up 18% from a year earlier, and net income of $7.0 million, compared with a net loss of $1.9 million in the same quarter of 2024. The company reiterated its 2025 testing revenue guidance of $470 million to $480 million and raised its adjusted EBITDA margin outlook to 22.5% from 21.6%, but it also said its French subsidiary Veracyte SAS has entered collective proceedings in a Marseille commercial court and that the parent will no longer fund that entity.
Total revenue $114.5 million, up 18%; testing revenue $107.3 million, up 19%
Net income $7.0 million, or $0.09 diluted per share, versus a net loss of $1.9 million a year earlier
2025 adjusted EBITDA margin guidance raised to 22.5% from 21.6%; testing revenue guidance reiterated at $470 million to $480 million
Veracyte SAS court process expected to finish by end of 2025; the company recorded $3.8 million of related expense in the quarter
Carvana reported first-quarter 2025 results for the period ended March 31, 2025, with retail units sold up 46% to 133,898 and revenue up 38% to $4.232 billion. Net income was $373 million, including a $158 million benefit from the fair value of Root warrants, and the company said it expects sequential increases in retail units sold and Adjusted EBITDA in the second quarter.
Net income was $373 million versus $49 million a year earlier; the figure includes a $158 million Root warrant benefit.
Basic and diluted net earnings per Class A share were $1.61 and $1.51, versus $0.24 and $0.23 in Q1 2024.
For Q2 2025, the company expects a sequential increase in retail units sold and Adjusted EBITDA, leading to all-time company records on both metrics.
Safety Insurance Group reported first quarter 2025 net income of $21.9 million, or $1.48 per diluted share, up from $1.36 a year earlier. The combined ratio improved to 99.4% from 101.9%, and the company declared a $0.90 per share quarterly dividend payable June 13, 2025.
Net income rose to $21.9 million, or $1.48 per diluted share, from $20.1 million, or $1.36, in Q1 2024.
Combined ratio improved to 99.4% from 101.9%; loss ratio was 69.8% versus 71.3%.
Net earned premiums rose 15.5% to $272.7 million from $236.1 million.
Board declared a $0.90 per share dividend payable June 13, 2025 to holders of record on June 2, 2025.
Kemper reported first-quarter 2025 net income of $99.7 million, or $1.54 per diluted share, up from $71.3 million, or $1.10, a year earlier. Adjusted net operating income rose to $106.4 million, or $1.65 per share, while total revenues increased $50.0 million to $1,193.0 million, driven by Specialty Property & Casualty earned premium growth. For shareholders, the filing shows higher earnings and a lower debt-to-capital ratio of 22.9%.
Net income $99.7 million ($1.54 diluted per share) vs. $71.3 million ($1.10) in Q1 2024
Adjusted net operating income $106.4 million ($1.65 per share) vs. $69.7 million ($1.07)
Specialty P&C underlying combined ratio improved to 92.2% from 93.6% a year earlier
Total revenues $1,193.0 million, up $50.0 million; book value per share $45.60 vs. $43.68 at year-end 2024
H&R Block reported fiscal third-quarter 2025 results for the period ended March 31, 2025, with revenue up 4.2% to $2.3 billion and net income from continuing operations up 4.5% to $722.9 million. Diluted EPS from continuing operations rose 9.2% to $5.32, helped by fewer shares outstanding after buybacks, and the company reaffirmed its full-year fiscal 2025 outlook.
Quarterly revenue of $2.3 billion rose $92.3 million, or 4.2%, year over year.
Net income from continuing operations was $722.9 million, up 4.5%; diluted EPS was $5.32, up 9.2%.
Fiscal 2025 outlook reaffirmed: revenue of $3.69 billion to $3.75 billion and adjusted diluted EPS of $5.15 to $5.35.
Quarterly dividend of $0.375 per share is payable July 3, 2025; about $1.1 billion remains on a $1.5 billion buyback program.
Universal Technical Institute reported fiscal second-quarter 2025 revenue of $207.4 million, up 12.6%, and net income of $11.4 million, up 47.0%, with diluted EPS of $0.21 versus $0.14. The company raised its full-year fiscal 2025 guidance across its key metrics, including revenue of $825 million to $835 million, which points to stronger expected results for shareholders.
Q2 revenue of $207.4 million, up from $184.2 million; net income of $11.4 million, up from $7.8 million
Diluted EPS of $0.21 for the quarter ended March 31, 2025, compared with $0.14 a year earlier
FY2025 revenue guidance raised to $825 million-$835 million from $810 million-$820 million; diluted EPS guidance raised to $1.00-$1.08 from $0.96-$1.04
FY2025 adjusted EBITDA guidance raised to $124 million-$128 million from $122 million-$126 million
Sunrun reported first-quarter 2025 results on May 7, 2025, with total revenue of $504.3 million, up 10% from a year earlier, and net income attributable to common stockholders of $50.0 million, compared with a loss of $87.8 million in the first quarter of 2024. The company reiterated its 2025 Cash Generation guidance of $200 million to $500 million and said it paid down $27 million of recourse debt in the quarter. Total net loss before noncontrolling interests was $277.2 million, and the company still reported a loss from operations of $114.9 million.
Total revenue was $504.3 million, up $46.1 million, or 10%, from the first quarter of 2024.
Net income attributable to common stockholders was $50.0 million, or $0.20 per diluted share, versus a $0.40 per share loss a year earlier.
Cash Generation was $56 million, the fourth consecutive quarter of positive Cash Generation; full-year 2025 guidance of $200 million to $500 million was unchanged.
Second-quarter 2025 Cash Generation is expected to be $50 million to $60 million.
Xencor reported first-quarter 2025 revenue of $32.7 million, up from $16.0 million a year earlier, and a net loss attributable to Xencor of $48.4 million, or $(0.66) per share, compared with a $73.4 million loss, or $(1.20) per share, in the prior-year quarter. The company also said chief development officer Nancy Valente will leave that role effective June 6, 2025, and remain as a senior advisor.
Revenue was $32.7 million for the quarter ended March 31, 2025, versus $16.0 million a year earlier, mainly non-cash royalty revenue and milestone revenue from Incyte and Vir.
Net loss attributable to Xencor narrowed to $48.4 million, or $(0.66) per share, from $73.4 million, or $(1.20) per share.
R&D expenses rose to $58.6 million from $56.9 million, and G&A expenses rose to $17.3 million from $13.8 million.
Cash, cash equivalents and marketable debt securities totaled $693.5 million at March 31, 2025, versus $706.7 million at December 31, 2024; the company expects to end 2025 with $535 million to $585 million.
LegalZoom reported first-quarter 2025 revenue of $183.1 million, up 5% year-over-year, and net income of $5.1 million, up 8%. The company reiterated its full-year 2025 outlook of about 5% revenue growth and Adjusted EBITDA of about $165 million, and its board raised the stock repurchase authorization by $100.0 million to $315.0 million in total.
Revenue of $183.1 million, up 5%; subscription revenue of $116.3 million, up 8%
Net income of $5.1 million, up 8% from $4.7 million; Adjusted EBITDA of $37.0 million, up 33%
Board approved a $100.0 million buyback increase; about $150.0 million remained available as of May 7, 2025
Q2 2025 revenue outlook of $181 million to $185 million; full-year guidance reiterated, not changed
MercadoLibre reported first-quarter 2025 results in a press release furnished under Item 2.02 of this Form 8-K. Net revenues and financial income rose 37% year over year to $5.9 billion, and net income rose 44% to $494 million, with earnings per share of $9.74 against $6.78 a year earlier. The company said it is reinvesting in shipping and credit, but the headline profit measures improved substantially for shareholders.
Net revenues and financial income of $5.9 billion, up 37% year over year (64% on a foreign-exchange-neutral basis)
Income from operations of $763 million, up 45% year over year, with a 12.9% margin
Net income of $494 million, up 44%, and basic and diluted earnings per share of $9.74 versus $6.78
Adjusted free cash flow was negative $10 million in Q1 2025, which the company said was seasonally low
National Presto Industries reported first-quarter 2025 net sales of $103.6 million and net earnings of $7.6 million, or $1.07 per share, up from $76.7 million, $6.6 million and $0.92 a year earlier. Defense segment sales rose $25.9 million, or 47.1%, but the Housewares/Small Appliance segment posted an operating loss, and the company said tariffs and a large inventory investment left quarterly portfolio earnings nominal.
Net sales for the three months ended March 30, 2025 were $103.6 million, compared with $76.7 million a year earlier.
Net earnings were $7.6 million, or $1.07 per share, compared with $6.6 million, or $0.92 per share.
Defense segment sales rose $25.9 million, or 47.1%, and its operating earnings rose $4.9 million, or 58.6%.
The Housewares/Small Appliance segment reported an operating loss, which the company attributed to less favorable mix, higher material costs and tariffs.
MGE Energy reported first-quarter 2025 GAAP earnings of $41.6 million, or $1.14 per share, up from $33.8 million, or $0.93 per share, a year earlier. The company said rate base investment growth and weather impacts drove the results, with operating revenues rising to $219.0 million from $191.3 million.
Net income of $41.6 million, or $1.14 per share, versus $33.8 million, or $0.93 per share, in Q1 2024
Operating revenues of $219.0 million versus $191.3 million; operating income of $52.9 million versus $40.7 million
Gas retail sales rose 19% and electric retail sales rose 3% in the first quarter of 2025
Darien solar project became operational in March 2025; MGE owns 25 MW of its solar capacity
UFP Technologies reported first-quarter 2025 results, with net sales of $148.1 million, up 41.1% from $105.0 million a year earlier, and net income of $17.2 million, or $2.21 per diluted share, versus $1.64 in the first quarter of 2024. Organic sales growth was 2.3%, and gross margin edged down to 28.5% from 28.6%. The press release does not include financial guidance.
Net sales rose 41.1% to $148.1 million for the quarter ended March 31, 2025, from $105.0 million; medical market sales rose 50.4% to $135.4 million.
Net income rose 35.4% to $17.2 million, and diluted EPS was $2.21 versus $1.64 a year earlier.
Organic sales growth was 2.3%, and gross margin was 28.5% versus 28.6% in the first quarter of 2024.
Long-term debt, excluding current installments, was $170.3 million at March 31, 2025, down from $176.9 million at December 31, 2024.
BGC Group reported first-quarter 2025 results with record revenues of $664.2 million, up 14.8% from a year earlier, and GAAP fully diluted EPS of $0.11 versus $0.10. Adjusted EBITDA fell 4.1% to $199.8 million because the prior-year period included a $36.6 million mark-to-market gain, and the company said it completed its OTC Global Holdings acquisition on April 1, 2025.
Q1 2025 revenues $664.2 million vs. $578.6 million in Q1 2024; GAAP net income for fully diluted shares $52.8 million vs. $46.4 million
Post-tax Adjusted Earnings per share $0.29 vs. $0.25, up 16.0%
Q2 2025 guidance: revenues $715 million to $765 million; pre-tax Adjusted Earnings $156 million to $171 million
Quarterly dividend of $0.02 per share declared May 6, 2025, payable June 10, 2025 to holders of record May 27, 2025
Verisk reported first-quarter 2025 results on May 7, 2025, with revenue of $753 million, up 7.0%, and diluted GAAP EPS of $1.65, up 8.6%. The company reiterated its full-year 2025 financial guidance, which it had set earlier, rather than raising or cutting it.
Revenue of $753 million, up 7.0% (7.9% on an organic constant currency basis); net income of $232 million, up 5.9%.
Diluted GAAP EPS of $1.65, up 8.6%; diluted adjusted EPS of $1.73, up 6.1%.
Full-year 2025 guidance reiterated, including total revenue of $3.03 to $3.08 billion and diluted adjusted EPS of $6.80 to $7.10.
Over $250 million returned to shareholders through dividends and repurchases in the quarter; $1.4 billion remained under the share repurchase authorization as of March 31, 2025.
Bentley Systems reported first-quarter 2025 results for the three months ended March 31, 2025. Total revenues rose 9.7% to $370.5 million, and net income per diluted share was $0.28, up from $0.22 a year earlier. Management said the quarter was consistent with its expectations and that it continues to work toward its financial outlook for the year, but the filing does not include a changed outlook figure.
Total revenues were $370.5 million, up 9.7% (10.9% in constant currency) from $337.8 million a year earlier.
Net income per diluted share was $0.28 versus $0.22; adjusted EPS was $0.35 versus $0.31.
Annualized recurring revenues were $1,319.3 million at March 31, 2025, up from $1,186.5 million; free cash flow was $216.4 million versus $201.4 million.
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.