Dafinchi AI

ALKT

Technology

Adjusted EBITDA improved to $11.9 million, up from $4.6 million in the prior year quarter, with a margin of 10.6%.
Alkami grew revenues 36% year-over-year in Q2 2025, achieving total revenue of $112.1 million.
Annual Recurring Revenue (ARR) increased by 32% to $424 million at quarter end.
Churn remained low, with an expected total of 4 client losses in 2025 representing less than 1% of ARR.
Gross margin expanded by nearly 200 basis points to 65.1%, driven by hosting cost improvements and operating leverage.
MANTL acquisition contributed $10 million in revenue for the quarter and was dilutive to adjusted EBITDA margin by 190 basis points as expected.
Operating expenses were $61.5 million or 54.8% of revenue, showing operating leverage of approximately 340 basis points year-over-year.
Registered users on the Alkami platform grew by 2.3 million to 20.9 million, a 12% increase year-over-year.
Subscription revenue grew 35% and represented 95% of total revenue.

NXST

Technology

Adjusted EBITDA for Q2 2025 was $389 million, a 31.7% margin, down $25 million from Q2 2024.
Adjusted free cash flow increased to $101 million in Q2 2025 from $77 million in the prior year quarter.
Advertising revenue declined 9% year-over-year, with political advertising down $36 million and nonpolitical advertising down 2.5%, slightly better than expectations.
CapEx decreased to $29 million from $37 million year-over-year, reflecting timing and lower spending in nonelection years.
CW profitability improved by $21 million year-over-year, driven by reduced broadcast rights amortization and lower operating expenses.
Distribution revenue remained stable at $733 million, with modest subscriber renewals and contractual rate escalations offsetting MVPD subscriber attrition.
Net interest expense declined by $16 million to $97 million due to lower SOFR rates and reduced debt balances.
Nexstar reported Q2 2025 net revenue of $1.23 billion, down 3.2% year-over-year, mainly due to reduced political advertising.
Nexstar returned $106 million to shareholders in Q2 through $56 million in dividends and $50 million in share repurchases.

PRO

Technology

Adjusted EBITDA improved by 42% year-over-year to $7.4 million, also exceeding guidance.
Free cash flow was $3.2 million in Q2, totaling $4.3 million for the first half of 2025, an improvement of over $3 million compared to the prior year.
In Q2 2025, PROS grew subscription revenue by 12% year-over-year to $73.3 million and total revenue by 8% to $88.7 million, exceeding guidance ranges.
Non-GAAP earnings per share was $0.13 in Q2, exceeding guidance.
Non-GAAP subscription gross margin improved by over 50 basis points to 80%, and overall non-GAAP gross margin increased to 69% from 67% last year.
The company ended Q2 with $189 million in cash and investments and reduced debt by approximately $2 million through a note exchange.

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