Dafinchi AI

SRI

Industrial

Adjusted EBITDA was $4.6 million or 2% of sales, impacted by a $3.4 million nonoperating foreign currency expense.
Adjusted operating income was $400,000, with a 40 basis point improvement in adjusted operating margin relative to Q1.
Control Devices sales grew 1.9% to $71.2 million with improved adjusted operating income by 180 basis points.
Electronics sales were $149.6 million, with MirrorEye revenue growing 21% quarter-over-quarter.
Free cash flow improved by $5.9 million year-over-year to $7.6 million.
Net debt reduced by almost $20 million for compliance purposes following a $44 million tax-efficient cash repatriation.
Second quarter 2025 sales were $228 million, including a $3 million favorable foreign currency impact.
Stoneridge Brazil sales increased 6% to $15.3 million with improved operating profit by 230 basis points.

ACCO

Industrial

Adjusted operating income for the second quarter was $47 million versus $65 million a year ago, impacted by lower volumes and deleveraging SG&A costs.
Americas segment comparable sales declined 14%, with adjusted operating income margin at 17.4%, below last year due to tariffs and softer volumes.
Consolidated leverage ratio at quarter end was 4.3x, with approximately $200 million available for borrowing under revolver.
Gross profit for the second quarter was $130 million, a decrease of 15%, with margin contracting about 200 basis points to 32.9%.
International segment comparable sales declined 4%, an improvement from the first quarter, with adjusted operating income margin increasing to 8.5%.
Second quarter sales decreased 10% with a slightly favorable FX impact, reflecting a quickly changing U.S. marketplace due to tariff announcements.
Year-to-date adjusted free cash flow was an outflow of $24 million, including $17 million in cash proceeds from sale of two owned facilities.

CVCO

Industrial

Capital expenditures were $9 million, primarily for plant modernizations and capacity expansions.
Cash from operating activities was $55.5 million; cash and restricted cash decreased by $6.9 million to $368.4 million.
Factory-Built Housing segment revenue was $535.7 million, up 17% year-over-year, driven by a 14.7% increase in homes sold and a 1.9% increase in average revenue per home.
Financial Services segment revenue was $21.2 million, up 8.2% year-over-year, driven by higher insurance premium rates and improved underwriting.
Gross margin improved to 23.3% from 21.7% year-over-year, with Financial Services gross margin increasing significantly from negative 0.6% to 40.9%.
Net income was $51.6 million, up from $34.4 million last year, with diluted EPS of $6.42 versus $4.11 in the prior year quarter.
Operating profit increased about 50% compared to both last quarter and a year ago.
Revenue for Q1 fiscal 2026 was $556.9 million, up 16.6% year-over-year and 9.5% compared to the prior year quarter.
Selling, general and administrative expenses increased to $69.1 million or 12.4% of net revenue, mainly due to higher bonuses and commissions.
Stock repurchases totaled $50 million this quarter, with 16.6% of shares repurchased since fiscal 2021.

NOV

Industrial

Adjusted EBITDA was $252 million or 11.5% of sales.
Dividends paid year-to-date were $135 million, with total shareholder returns of $602 million combined with buybacks.
Energy Equipment segment revenue grew 5% sequentially but margins declined due to unfavorable mix; it delivered its 12th straight quarter of year-over-year margin expansion.
Energy Products and Services segment revenue grew 3% sequentially but declined 2% year-over-year; adjusted EBITDA declined $38 million to $146 million or 14.2% of sales.
For Q2 2025, NOV reported revenues of $2.2 billion, up 4% sequentially and down 1% year-over-year.
Free cash flow generated was $108 million in Q2, with 83% EBITDA to free cash flow conversion over the last 12 months.
Net income was $108 million or $0.29 per fully diluted share.
Share repurchases totaled 10.9 million shares for $150 million in Q2; total repurchases since Q2 2024 are approximately 25 million shares.
Tariff expense was approximately $11 million in Q2, expected to rise to $20-$25 million in Q3 and $25-$30 million in Q4.
Working capital improved by 300 basis points year-over-year as a percentage of revenue.

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