Reports

In Q4 2025, PPL generated $2274000000 in operating revenues and reported net income of $266000000, with diluted EPS of $0.36. Ongoing earnings per share rose to $0.41, supported by improved results in Kentucky and Pennsylvania regulated segments and higher transmission revenue.

• Fourth-quarter net income increased to $266000000 with diluted EPS of $0.36.
• Ongoing earnings per share improved to $0.41.

Lamar Advertising delivered solid fourth quarter 2025 results, with revenue growth, strong operating income expansion, and net income of $154.7 million, compared to a net loss in the prior year period.

• Revenue increased to $595.9 million in Q4 2025.
• Net income improved to $154.7 million from a net loss in Q4 2024.

CubeSmart generated 278706000 in total revenue and 86215000 in net income for Q4 2025, supported by positive same-store NOI growth and steady occupancy levels.

• Same-store NOI increased 2.7% year-over-year in the fourth quarter.
• Same-store average occupancy remained resilient at 92.4%.

ESAB Corporation announced strong financial results for the fourth quarter of 2025, with sales reaching $721 million, a 7% increase on a reported basis. Net income from continuing operations attributable to ESAB was $50 million, or $0.82 diluted earnings per share. Core adjusted EBITDA rose by 9% to $140 million, with margins expanding to 20.4%.

• Fourth quarter sales increased by 7% on a reported basis to $721 million.
• Core adjusted EBITDA for the fourth quarter grew by 9% to $140 million, with margins expanding to 20.4%.

In Q4 2025, Balchem generated record net sales of $263617000 and net earnings of $39225000, driven by growth across all three reporting segments. Adjusted EBITDA rose to $67893000 and free cash flow reached $51222000, reflecting strong operational performance.

• Net sales increased to $263617000 in the fourth quarter.
• Net earnings rose to $39225000 with diluted EPS of $1.21.

In Q4 2025, TDS generated total operating revenues of $330712000 and net income attributable to TDS common shareholders of $39166000. Growth at Array offset a slight decline at TDS Telecom, while earnings from continuing operations improved substantially year over year.

• Total operating revenues increased to $330712000 in the fourth quarter.
• Net income attributable to TDS common shareholders rose to $39166000.

For Q4 2025, Amicus generated total net product revenue of 185213000, up 24% year over year (20% at constant exchange rates). GAAP net income was 1690000, while non-GAAP net income reached 31630000. Growth was driven by Galafold and Pombiliti + Opfolda demand across global markets.

• Fourth quarter total revenue reached 185213000, up 24% year over year.
• Galafold revenue was 150239000 in Q4 2025.

For Q4 2025, Array generated total operating revenues of 60328000 and net income attributable to Array shareholders of 37478000. Growth was driven primarily by site rental revenue, while adjusted EBITDA reached 52088000.

• Total operating revenues increased to 60328000 in Q4 2025.
• Site rental revenue grew substantially year over year to 54990000.

Western Union generated $1008400000 in Q4 2025 revenue, down 5% year over year, while net income declined to $114400000 and diluted EPS was $0.36. Consumer Services grew strongly, but Consumer Money Transfer revenues and transactions decreased.

• Revenue declined 5% year over year to $1008400000.
• Net income decreased to $114400000 with diluted EPS of $0.36.

Telix Pharmaceuticals achieved double-digit revenue growth and positive adjusted operating cash flow in FY 2025, with revenue reaching US$803.8 million, a 56% increase year-over-year. The company invested significantly in R&D and strategic acquisitions, resulting in a non-material loss before tax of US$5.3 million, while maintaining a year-end cash balance of US$141.9 million.

• Revenue increased by 56% year-over-year to US$803.8 million, exceeding full-year guidance.
• Adjusted EBITDA was US$39.5 million, reflecting increased operating expenditure due to strategic investments.

DNOW generated $959 million in Q4 2025 revenue but reported a net loss of $147 million, primarily due to $135 million of inventory-related transaction charges and $51 million in transaction-related costs. Adjusted EBITDA was $61 million, and operating cash flow totaled $83 million.

• Revenue increased to $959000000 in Q4 2025.
• Net loss attributable to DNOW Inc. was $147000000.

In Q4 2025, Cogent generated $240.5 million in service revenue, down year over year, and reported a net loss of $30.8 million. Despite lower revenue, adjusted EBITDA rose sequentially to $76.7 million with a 31.9% margin, supported by growth in wavelength services and IPv4 revenue.

• Service revenue totaled $240.5 million, declining year over year.
• Net loss was $30.8 million, with diluted EPS of -$0.64.

Oil States International, Inc. experienced a challenging fourth quarter in 2025, reporting a significant net loss of $117.2 million, primarily due to asset impairments and restructuring charges. Despite the loss, the company saw an 8% sequential increase in revenues to $178.5 million and a 9% improvement in Adjusted EBITDA to $22.8 million. The Offshore Manufactured Products segment showed strength with a 13% sequential revenue increase and a 9% sequential increase in backlog, indicating positive future demand.

• Consolidated revenues increased 8% sequentially to $178.5 million.
• Adjusted EBITDA improved 9% from the prior quarter to $22.8 million.

AdvanSix delivered 9% year-over-year sales growth in Q4 2025 to $359.9 million, but reported a net loss of $2.8 million. Adjusted EBITDA more than doubled to $24.8 million, and free cash flow increased to $36.1 million.

• Sales increased 9% year over year to $359,947,000.
• Net loss of $2,791,000 compared to net income in the prior year.