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Software solutions net sales rose USD 4.5 million to USD 95.2 million, with higher ActiveDisclosure sales of USD 5.4 million tied to volume. Tech-enabled services sales increased 5.4% to USD 72.3 million, helped by higherCapital Marketssales of USD 2.8 million andInvestmentcompanies sales of USD …
The combined ratio widened to 96.5% from 95.9%. Weather-related losses were USD 19.1 million, or 8.6 percentage points of the loss ratio, versus USD 14.3 million a year earlier, though below the five year third quarter average of USD 20.4 million. Large fire losses …
Home sales gross margin was 19.5%, down 120 basis points from the June quarter and below management plans. Management attributed 80 basis points of the decline to an inability to offset higher costs with pricing as conditions worsened, with above normal litigation costs accounting …
President and Chief Executive Officer John Baylouny said bookings and book to bill were the strongest since the company went public four years ago, and that record backlog and improved fourth quarter visibility supported the higher outlook.
Pipeline adjusted EBITDA was USD 202 million and Gathering was USD 99 million. For the first nine months, net income rose to USD 360 million from USD 330 million, earnings per diluted share to USD 3.51 from USD 3.22, and adjusted EBITDA to USD …
The year over year decline in gross margin dollars mainly reflects an upfront gain tied to the commencement of an expansionFacilityand the achievement of certain Engineered Systems project milestones in the prior year quarter. Against the second quarter, the chief financial officer cited a …
Revenue increased in every reportable segment. United States electrical construction and facilities services grew to USD 1.85 billion from USD 1.29 billion, with the largest gain in network and communications work tied toData Centerprojects. Mechanical construction and facilities services rose to USD 2.55 billion …
Chief Executive Officer Dave Reeder said the company is executing against rising semiconductor complexity and materials intensity, and that record revenue, margin expansion and earnings all exceeded the guidance range. Non-GAAP net income was USD 189.7 million, up 72.6%.
Co-Chief Executive Officer Jim Teague attributed the quarter to record volumes across Permian processing plants, NGL pipelines,Natural Gaspipelines and ethane export terminals. He also said it was his final quarterly call in that role, and that fellow co-Chief Executive Officer Randy Fowler assumes the …
Operating margin rose to 13.2% of sales from 10.8%. ATariffrecovery line contributed 2.4% of sales to that margin, as the company recognized about USD 1.6 million inOperating Incomefrom refunds of IEEPA tariffs, plus USD 0.1 million of interest income.
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