Dafinchi AI

FCX

Industrial

2025 net unit cash cost estimate is approximately $1.55 per pound, better than the initial $1.60 estimate.
Annual EBITDA is highly leveraged to copper prices, with each $0.10 per pound change equating to approximately $425 million in EBITDA.
Average copper realization was over $4.50 per pound, about $0.20 above international benchmark pricing.
Capital expenditures for 2025 and 2026 are expected to be $1.6 to $1.7 billion annually, with some timing variances.
Freeport-McMoRan reported strong second quarter 2025 results with copper sales volumes exceeding production due to inventory reductions in Indonesia.
Net unit cash costs at Grasberg were a net credit of $0.99 per pound in Q2.
Net unit cash production costs were $1.13 per pound, significantly improved from guidance and prior year.
Quarterly EBITDA was $3.2 billion and operating cash flows were $2.2 billion.
Since 2021, over $5 billion has been returned to shareholders through dividends and share repurchases.

CGNX

Industrial

Adjusted EBITDA increased 9% year-over-year with margin expansion of 80 basis points to 20.7%, the highest quarterly margin in two years.
Adjusted EPS grew 12% year-over-year to $0.25, driven by revenue growth, cost discipline, and a 2% reduction in average diluted share count.
Adjusted gross margin was 68%, down 230 basis points year-over-year due to industry mix and tariffs.
Free cash flow was strong at $40 million for the quarter, including a one-time $16 million transition tax payment, with trailing 12-month free cash flow up 138% to $180 million and a conversion rate of 130%.
Geographically, Europe revenue grew 13% (partly due to procurement changes), Americas grew 8%, Other Asia grew 5%, and Greater China declined 18% due to supply chain shifts.
Operating expenses decreased 2% year-over-year (3% on constant currency basis) reflecting disciplined cost management.
Q2 revenue was $249 million, up 4% year-over-year, marking the fourth consecutive quarter of organic growth.

TNC

Industrial

Adjusted EBITDA was $51 million with a margin of 16%, down 170 basis points year-over-year.
GAAP net income was $20.2 million, down from $27.9 million in the prior year, impacted by volume declines and product mix shifts.
Gross margin decreased by 100 basis points to 42.1%, driven by product mix, inflation, and lower productivity.
Net cash from operations increased by $3.9 million to $22.5 million, with free cash flow of $18.7 million including ERP spend.
Net leverage stood at 0.66x adjusted EBITDA, maintaining a strong balance sheet and liquidity position.
Tennant Company reported Q2 2025 net sales of $319 million, reflecting a 4.5% organic sales decline due to lapping a prior year backlog reduction.

MATW

Industrial

Brand Solutions segment sales dropped to $57.7 million from $133.4 million due to the SGK divestiture, with adjusted EBITDA decreasing to $5 million from $16.1 million.
Consolidated adjusted EBITDA was $44.6 million, relatively flat compared to $44.7 million last year, despite the SGK divestiture.
Consolidated sales for Q3 fiscal 2025 were $349 million, down from $428 million a year ago, primarily due to the divestiture of SGK.
Debt was reduced by $120 million during the quarter to $702 million, aided by proceeds from the SGK sale.
Industrial Technologies segment sales declined to $87.9 million from $91.7 million, but adjusted EBITDA improved to $9 million from $4.2 million due to cost reductions and higher warehouse automation sales.
Memorialization segment sales increased slightly to $203.7 million with adjusted EBITDA rising to $42.8 million from $38.7 million last year.
Net income increased to $15.4 million or $0.49 per share from $1.8 million or $0.06 per share a year ago, driven by a gain on the SGK divestiture.

Earnings Feed