Juniper Networks(JNPR) - 2025 Q1 - Quarterly Results
2025-05-01 20:17
Exhibit 99.1 Investor Relations: Jess Lubert Juniper Networks (408) 936-3734 jlubert@juniper.net Media Relations: Penny Still Juniper Networks +441372385692 pstill@juniper.net JUNIPER NETWORKS REPORTS PRELIMINARY FIRST QUARTER 2025 FINANCIAL RESULTS SUNNYVALE, Calif., May 1, 2025 - Juniper Networks (NYSE: JNPR), a leader in secure, AI-Native Networks, today reported preliminary financial results for the three months ended March 31, 2025. Proposed Merger with Hewlett Packard Enterprise On January 9, 2024, He ...
JP MORGAN CHASE(JPM) - 2025 Q1 - Quarterly Report
2025-05-01 20:16
Financial Performance - JPMorgan Chase reported net income of $14.6 billion for Q1 2025, a 9% increase year-over-year, with diluted earnings per share of $5.07, up 14%[25]. - Total net revenue reached $45.3 billion, an 8% increase from the previous year, driven by a 17% rise in noninterest revenue to $22.0 billion and a 1% increase in net interest income to $23.3 billion[27]. - For the three months ended March 31, 2025, total net revenue was $45.31 billion, an increase of 8% compared to $41.93 billion in the same period of 2024[48]. - Net income for the three months ended March 31, 2025, was $14,643 million, up from $13,419 million in 2024[96]. - Net income for the three months ended March 31, 2025, was $4.4 billion, down 8% from $4.8 billion in 2024[121]. - Total net revenue increased by 4% to $18.3 billion, compared to $17.7 billion in the same period last year[121]. - Net income for the period was $6.94 billion, reflecting a 5% increase compared to $6.62 billion in the previous year[135]. - Total net revenue for the three months ended March 31, 2025, was $19.67 billion, a 12% increase from $17.58 billion in the prior year[135]. - Net revenue for the three months ended March 31, 2025, was $19.7 billion, an increase of 12% compared to $17.6 billion in 2024[138]. Credit Losses and Allowances - The provision for credit losses was $3.3 billion, significantly higher than the $1.9 billion in the prior year, with net charge-offs increasing to $2.3 billion[28]. - The total allowance for credit losses stood at $27.8 billion, with a coverage ratio of 1.94% compared to 1.77% in the previous year[28]. - The provision for credit losses was $3.30 billion, a 75% increase from $1.88 billion in the same quarter of 2024, with net charge-offs of $2.30 billion[60]. - Provision for credit losses was $2.6 billion, a 37% increase from $1.9 billion in the previous year[121]. - The allowance for loan losses increased by 4% to $(25,208) million, indicating a net addition driven by macroeconomic outlook changes[74]. - The provision for credit losses was $705 million, with net charge-offs of $177 million, compared to $69 million in the prior year[141]. - Total allowance for credit losses increased by 8% to $9.8 billion, up from $9.1 billion in 2024[146]. - The provision for credit losses was a net benefit of $10 million, compared to a net benefit of $57 million in the prior year[162]. Revenue Streams - Investment banking fees increased by 11% to $2.18 billion, while asset management fees rose by 13% to $4.70 billion[48]. - Noninterest revenue grew by 6% to $4.2 billion, supported by higher asset management fees and commissions[121]. - Noninterest revenue for the three months ended March 31, 2025, was $4.0 billion, up 14% from $3.5 billion in 2024[162]. - Revenue from Global Private Bank was $3.1 billion, up 10%, driven by higher management fees and brokerage fees[162]. - Noninterest revenue excluding Markets increased by 20% to $13.8 billion, compared to $11.5 billion in 2024[100]. - Noninterest revenue reached $653 million, a significant increase from a loss of $275 million in the prior year, primarily due to a $588 million First Republic-related gain[181][183]. Assets and Liabilities - Total assets increased by 9% to $4,357,856 million as of March 31, 2025, compared to $4,002,814 million at December 31, 2024[70]. - Total assets rose by 1% to $636.1 billion, while total loans remained stable at $570.2 billion[126]. - Total assets increased by 15% to $2,174.1 billion from $1,898.3 billion year-over-year[144]. - Total assets increased by 7% to $258.4 billion compared to $240.6 billion in the previous year[166]. - Client deposits and other third-party liabilities averaged $1.0 trillion, an increase of 11% from $931.6 billion in 2024[155]. - The average interest-earning assets were $3.7 trillion, an increase of $223 billion, with a yield of 5.19%, down 36 basis points[57]. Equity and Capital Ratios - The Firm achieved a return on common equity (ROE) of 18% and a return on tangible common equity (ROTCE) of 21%[25]. - Stockholders' equity rose by 2% to $351,420 million, reflecting net income and lower unrealized losses[82]. - Tangible common equity increased to $278.9 billion, up from $272.2 billion in the previous quarter[102]. - The CET1 capital ratio was 15.4% as of March 31, 2025, compared to 15.7% at the end of 2024, while the Tier 1 capital ratio was 16.5%[203]. - Total capital increased to $330.5 billion as of March 31, 2025, from $325.6 billion at the end of 2024[203]. - The firm reported a Tier 1 leverage ratio of 7.2% for the three months ended March 31, 2025, consistent with the previous quarter[205]. Customer Metrics - Active digital customers increased by 6% to 72.48 million, and active mobile customers grew by 8% to 59.04 million[131]. - The number of client advisors increased by 6% to 9,641 from 9,107[173]. Market Performance - The company ranked 1 for Global Investment Banking fees according to Dealogic, with total investment banking fees increasing by 12% to $2.2 billion[143]. - Equity Markets revenue surged 48% to $3.8 billion, driven by strong performance in Equity Derivatives[143]. - Total international net revenue increased by 10% to $7.7 billion, with notable growth in the Asia-Pacific region at 22%[157]. - Total international net revenue grew by 11% to $1.8 billion, compared to $1.6 billion last year[175]. Operational Expenses - Compensation expense increased by 7% to $14.09 billion, driven by higher revenue-related compensation and growth in employee numbers[64]. - Total noninterest expense increased by 6% to $9.9 billion, reflecting higher compensation and operational costs[121]. - Noninterest expense rose by 13% to $9.8 billion, primarily due to higher compensation and legal expenses[140]. - Noninterest expense decreased by 86% to $185 million, largely attributed to a net benefit of $19 million in the provision for credit losses, compared to a provision of $27 million in the previous year[181][186].
Beazer Homes USA(BZH) - 2025 Q2 - Quarterly Results
2025-05-01 20:16
ATLANTA, May 1, 2025 - Beazer Homes USA, Inc. (NYSE: BZH) (www.beazer.com) today announced its financial results for the three and six months ended March 31, 2025. PRESS RELEASE Exhibit 99.1 Beazer Homes Reports Second Quarter Fiscal 2025 Results "In our second quarter we made progress towards our Multi-Year Goals and surpassed our profitability expectations despite challenging macroeconomic conditions and declining consumer sentiment. Our growing community count, improved construction cycle times and stabl ...
BLOCK(SQ) - 2025 Q1 - Quarterly Report
2025-05-01 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 10-Q ______________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-37622 ______________________ Block, Inc. (I.R.S Employer Identi ...
Schneider National(SNDR) - 2025 Q1 - Quarterly Report
2025-05-01 20:16
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________________________________________________ FORM 10-Q _____________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...
Hercules Capital(HTGC) - 2025 Q1 - Quarterly Report
2025-05-01 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________________________ FORM 10-Q _________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 814-00702 _________________________________________________ HERCULE ...
BigBear.ai(BBAI) - 2025 Q1 - Quarterly Results
2025-05-01 20:16
Financial Highlights *EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, and Recurring SG&A are non-GAAP financial measures. See the "Non-GAAP Financial Measures" section in this press release for additional information and reconciliations. Page 1 • 1Q 25 revenue of $34.8 million (1Q 24 $33.1 million) +5% year-over-year. • During the first quarter of 2025, reduced long-term debt by $58 million as a result of voluntary conversions of the 2029 Notes. • Raised gross proceeds of $64.7 million from the exercise of ...
RE/MAX(RMAX) - 2025 Q1 - Quarterly Results
2025-05-01 20:15
DENVER, May 1, 2025 First Quarter 2025 Highlights (Compared to first quarter 2024 unless otherwise noted) RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), parent company of REMAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage ("Motto"), the first and only national mortgage brokerage franchise brand in the U.S., today announced operating results for the quarter ended March 31, 2025. "For the fourth consecutive quarter, our company deliver ...
Cable One(CABO) - 2025 Q1 - Quarterly Results
2025-05-01 20:15
Exhibit 99.1 Cable One Reports First Quarter 2025 Results May 1, 2025 – PHOENIX – (BUSINESS WIRE) – Cable One, Inc. (NYSE: CABO) (the "Company" or "Cable One") today reported financial and operating results for the quarter ended March 31, 2025. | | | | Three Months Ended March 31, | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | (dollars in thousands) | | 2025 | | 2024 | | $ Change | % Change | | Revenues | $ | 380,601 | $ | 404,312 | $ | (23,711) | (5.9)% | | Net income | $ | 2,607 | $ | 37,35 ...
AXT(AXTI) - 2025 Q1 - Quarterly Results
2025-05-01 20:15
"While the geopolitical environment is creating undeniable challenges, we are focusing our energies where we can drive positive returns today," said Morris Young, chief executive officer. "Tongmei, our China subsidiary, is uniquely positioned to optimize growth opportunities in China, such as high-speed data center connectivity and LIDAR for autonomous driving, and are pursuing these and other opportunities with success across key markets for indium phosphide, gallium arsenide, and germanium substrates. We ...