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Paying with stablecoins harder than acquiring them
coingeek50d ago

Paying with stablecoins harder than acquiring them

Stablecoin usage for payments reveals gaps between desire and actual spending, with key insights from a BVNK survey across diverse economies.The post Paying with stablecoins harder than acquiring them appeared first on CoinGeek.

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globenewswire50d ago

Bitdeer Announces Proposed Registered Direct Offering of Class A Ordinary Shares

SINGAPORE, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer”), a world-leading technology company for Bitcoin mining and AI infrastructure, today announced that it intends to offer, subject to market and other conditions, shares of its Class A ordinary shares, par value US$0.0000001 per share (the “Class A ordinary shares”), to certain holders of its 5.25% convertible senior notes due 2029 (the “November 2029 notes”) in a direct placement registered under the Securities Act of 1933, as amended (the “Securities Act”) (such placement, the “registered direct offering”). The number of Class A ordinary shares to be sold, and the price per Class A ordinary share, will be determined at the pricing of the registered direct offering.

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globenewswire50d ago

Bitdeer Announces Proposed Private Placement of US$300.0 Million of Convertible Senior Notes

SINGAPORE, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer”), a world-leading technology company for Bitcoin mining and AI infrastructure, today announced that it intends to offer, subject to market conditions and other factors, US$300.0 million principal amount of Convertible Senior Notes due 2032 (the “notes”) in a private placement (the “notes offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Bitdeer also intends to grant the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$45.0 million principal amount of notes.

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TFI already seeing a tough set of first quarter numbers
freightwaves50d ago

TFI already seeing a tough set of first quarter numbers

TFI International’s estimate for first quarter earnings is reflecting a difficult ongoing quarter.The post TFI already seeing a tough set of first quarter numbers appeared first on FreightWaves.

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globenewswire_fr50d ago

Sprott Announces Year Ended 2025 Results

TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the year ended December 31, 2025.

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benzinga50d ago

Pool Corporation Reports Year End and Fourth Quarter 2025 Results; Provides 2026 Earnings Guidance

2025 Highlights:Annual net sales of $5.3 billion, consistent with 2024, showing stability with steady maintenance sales and growth in building materials in the back half of the yearGross margin of 29.7%, representing an improvement of 20 bps over prior year without the impact of the 2024 tariff reversal2025 diluted EPS of $10.85 or $10.73 without ASU 2016-09 tax benefitsDiluted EPS guidance for 2026 of $10.85 - $11.15 without ASU 2016-09 tax benefits, reflecting expectations for modest sales growth and improved earningsCOVINGTON, La., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq/GSM:POOL) today announced full year and fourth quarter 2025 results."Our 2025 results highlight the differentiation of our customer experience and the depth of our building products portfolio, as well as the stability of our maintenance business and the strength and adaptability of the POOLCORP team. We were encouraged by improving trends for discretionary products in the second half of the year, even with ongoing consumer pressures. Throughout the year, our strategic initiatives remained focused on enhancing our value-added services, supporting industry professionals with our digital platforms and expanding our product offerings. We also maintained disciplined cost management as we navigated an evolving market environment, while continuing to invest in our sales center network and digital ecosystem to sustain our industry-leading position. These efforts are guided by our long-term strategy, positioning us to deliver returns for our shareholders while laying a solid foundation for future performance," said Peter D. Arvan, president and CEO.Year ended December 31, 2025 compared to the year ended December 31, 2024Net sales were $5.3 billion for 2025, comparable to 2024 net sales. Sales of non-discretionary products were steady throughout the year. In the back half of the year, we noticed improved sales trends for discretionary products.Gross margin was 29.7% in 2025 and 2024. Gross margin in 2024 included a 20 basis points benefit from the reversal of $12.6 million for estimated import taxes. Without this benefit included in our 2024 gross margin, our 2025 gross margin improved 20 basis points, reflecting positive impacts from price increases and disciplined supply chain management.Selling and administrative expenses (operating expenses) increased 4% to $992.3 million in 2025 compared to $958.1 million in 2024. The growth in expenses was primarily driven by incremental investments in our technology initiatives and sales center network expansion, as well as inflationary impacts, particularly on base wages and facility costs.Operating income of $580.2 million for the year was 6% lower than $617.2 million in 2024. Without the impact of the 2024 import tax reversal discussed above, 2025 operating income was 4% lower than in 2024.Net income decreased to $406.4 million in 2025 compared to $434.3 million in 2024.Earnings per diluted share declined 4% to $10.85 in 2025 compared to $11.30 in 2024, which included a $0.25 benefit from the import tax reversal discussed above. We recorded a $4.6 million, or $0.12 per diluted share, tax benefit from Accounting Standards Update (ASU) 2016-09, Improvements to Employee Share-Based Payment Accounting, in 2025 compared to an $8.8 million, or $0.23 per diluted share, tax benefit in 2024. Adjusting for the impact from ASU 2016-09 in both years, earnings per diluted share decreased 3% to $10.73 in 2025 compared to $11.07 in 2024.Balance Sheet and LiquidityOur inventory balance increased 13% to $1.5 billion at December 31, 2025 compared to December 31, 2024. This growth was primarily driven by increased purchasing ahead of price increases. Additionally, our inventory balance also reflects increases from inflation (including mid-season vendor price increases) and the addition of new and acquired sales centers. Total debt outstanding increased $249.1 million to $1.2 billion at December 31, 2025, primarily to fund open market share repurchases of $341.1 million in 2025 and working capital needs.Net cash provided by operations was $365.9 million in 2025 compared to $659.2 million in 2024. Net cash provided by operations was in line with our expectations at 90% of net income. The change in net cash provided by operations primarily relates to working capital investments, including increases in inventory, and $68.5 million in federal tax payments deferred from 2024 into 2025 as a result of relief granted by the IRS.Fourth quarter ended December 31, 2025 compared to the fourth quarter ended December 31, 2024Net sales decreased 1% to $982.2 million in the fourth quarter of 2025. Gross profit increased $5.5 million and gross margin improved 70 basis points to 30.1% compared to 29.4% in the same period of 2024.Operating expenses increased 6% to $243.7 million compared to $229.6 million for the same period in 2024, primarily driven by higher employee-related costs (including insurance), increased facility costs for greenfield locations and incremental investments in our customer-facing technology initiatives such as POOL360 Unlocked. Operating income decreased 14% to $52.0 million compared to $60.7 million in the same period last year.Net income decreased to $31.6 million compared to $37.3 million in the fourth quarter of 2024.Earnings per diluted share decreased 13% to $0.85 compared to $0.98 in the same period of 2024. We recorded a $0.4 million, or $0.01 per diluted share, tax benefit from ASU 2016-09 compared to a $0.5 million, or $0.01 per diluted share, benefit in the same period of 2024. Adjusting for the impact from ASU 2016-09 in both periods, earnings per diluted share was $0.84 compared to $0.97 in 2024. 2026 Outlook"The POOLCORP team continues to support our customers while growing the outdoor living industry, building on the reputation that has distinguished us over the past 30 years as a publicly-traded company. The strength of our business is a direct result of the incredible dedication of our employees, the trust of our customers and our long-standing partnerships with our vendors. Looking forward, we're focused on driving sustainable growth through innovation and disciplined execution. We expect earnings for 2026 to be in the range of $10.85 to $11.15 per diluted share," added Arvan.Our 2026 guidance does not include any estimated unrealized tax benefits related to stock option exercises, stock option expirations or restricted stock award vestings occurring in 2026.Non-GAAP Financial MeasuresThis press release refers to our adjusted diluted EPS, and from time to time, we also reference our adjusted EBITDA when communicating with investors. Both of these are non-GAAP measures. See the addendum to this release for definitions of our non-GAAP measures and reconciliations of our non-GAAP measures to GAAP measures.About Pool CorporationPOOLCORP is the world's largest wholesale distributor of swimming pool and related backyard products. As of December 31, 2025, POOLCORP operated 456 sales centers in North America, Europe and Australia, through which it distributes more than 200,000 products to roughly 125,000 wholesale customers. For more information, please visit www.poolcorp.com.Forward-Looking StatementsThis news release includes "forward-looking" statements that involve risks and uncertainties that are generally identifiable through the use of words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "project," "should," "will," "may," "outlook," and other words and similar expressions and include projections of earnings. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements speak only as of the date of this release, and we undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. Actual results may differ materially due to a variety of factors, including the sensitivity of our business to weather conditions; changes in economic conditions, consumer discretionary spending, the housing market, inflation or interest rates; our ability to maintain favorable relationships with suppliers and manufacturers; competition from other leisure product alternatives or mass merchants; our ability to continue to execute our growth strategies; changes in the regulatory environment; new or additional taxes, duties or tariffs; excess tax benefits or deficiencies recognized under ASU 2016-09 and other risks detailed in POOLCORP's 2024 Annual Report on Form 10-K, 2025 Quarterly Reports on Form 10-Q and other reports and filings filed with the Securities and Exchange Commission (SEC) as updated by POOLCORP's subsequent filings with the SEC.Kristin S. ByarsDirector, Investor Relations and Finance985.801.5153kristin.byars@poolcorp.com POOL CORPORATIONConsolidated Statements of Income(Unaudited)(In thousands, except per share data) Three Months Ended Year Ended December 31, December 31, 2025 2024 2025 2024(1) Net sales $982,209 $987,480 $5,289,396 $5,310,953 Cost of sales 686,464 697,236 3,716,938 3,735,606 Gross profit 295,745 290,244 1,572,458 1,575,347 Percent 30.1% 29.4% 29.7% 29.7% Selling and administrative expenses 243,737 229,593 992,254 958,143 Operating income 52,008 60,651 580,204 617,204 Percent 5.3% 6.1% 11.0% 11.6% Interest and other non-operating expenses, net 11,383 10,433 46,770 50,250 Income before income taxes and equity in earnings 40,625 50,218 533,434 566,954 Provision for income taxes 9,084 12,945 127,132 132,836 Equity in earnings of unconsolidated investments, net 46 27 102 207 Net income $31,587 $37,300 $406,404 $434,325 Earnings per share attributable to common stockholders:(2) Basic $0.85 $0.98 $10.89 $11.37 Diluted $0.85 $0.98 $10.85 $11.30 Weighted average common shares outstanding: Basic 36,783 37,718 37,149 38,007 Diluted Full story available on Benzinga.com

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Discovery Reports Strong Earnings Growth and Cash Generation in Q4 2025
benzinga50d ago

Discovery Reports Strong Earnings Growth and Cash Generation in Q4 2025

Cash of $410.7 million at December 31, 202575% INCREASE IN ADJUSTED EPS Net earnings $65.3M or $0.08/share, with adjusted net earnings1 of $113.5M or $0.14/share versus $61.1M or $0.08/share in Q3 20256% GROWTH IN GOLD PRODUCTION66,718 oz produced versus 63,154 oz in Q3 202512% IMPROVEMENT IN OPERATING CASH COSTS Operating cash costs1 of $1,185/oz sold compared to $1,339/oz in Q3 2025 AISC REFLECTS HIGHER SUSTAINING CAPITAL1AISC/oz1,2 averaged $2,034; Site-level AISC/oz3 averaged $1,824INVESTING TO IMPROVE AND GROW PORCUPINESustaining capital expenditures1 of $33.8M, with growth capital expenditures1 of $66.1M versus $20.8M and $44.4M, respectively, in Q3 2025STRONG CASH FLOW FROM GOLD SALES Net cash from operating activities of $163.2M; Free cash flow1 of $67.9M 20% GROWTH IN CASH POSITION Cash at December 31, 2025, of $410.7M, with $250M of liquidity from an undrawn revolving credit facility and $100M accordion featureEXPLORATION SUCCESS AT ALL TARGETS Excellent drill results from resource conversion and expansion drilling at Hoyle Pond, Borden and Pamour, continued success at Owl Creek, and encourage initial results from Dome, TVZ and Broulan Pit2026 GUIDANCE INCLUDES SOLID PRODUCTION GROWTH, INVESTMENTS FOR THE FUTURE2026 guidance includes back half weighted production of 260 – 300 koz; operating cash costs/oz of $1,250 – $1,400, AISC/oz of $1,950 – $2,250; front half weighted sustaining capital expenditures of $120M – $165M and growth capital expenditures of $195M – $235MExample of Non-GAAP measure. See the section in this press release entitled, "NON-GAAP MEASURES" for more information.Refers to all-in sustaining costs per ounce sold.Site-level AISC includes corporate G&A allocation and excludes remaining corporate G&A, share-based compensation costs and corporate-level sustaining capital expenditures.TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX:DSV, OTCQX:DSVSF) ("Discovery" or the "Company") today announced the Company's financial and operating results for the fourth quarter ("Q4 2025") and full year of 2025 ("FY 2025"). Discovery began reporting the results of gold production and sales following the Company's acquisition ("Acquisition" or "Porcupine Acquisition") of the Porcupine Complex ("Porcupine") in and near Timmins, Ontario on April 15, 2025. The Company's full financial statements and management discussion & analysis are available on SEDAR+ at www.sedarplus.ca and on the Company's website at www.discoverysilver.com. All dollar amounts are in US dollars, unless otherwise noted.Tony Makuch, Discovery's CEO, commented: "We have built considerable momentum since acquiring Porcupine last April, with production in Q4 2025 totaling 66,718 ounces and operating cash costs improving to $1,185/oz. AISC has remained relatively unchanged as we have increased sustaining capital expenditures to provide needed investment for the Porcupine operations to achieve their full value potential. Our solid operating performance, in combination with higher gold prices, has resulted in improved profitability and substantial cash flow generation. We ended 2025 with a very strong financial position, with cash totaling $410.7 million and no debt."Another key area of accomplishment has been exploration. Last week, we reported excellent drilling results across our key Porcupine targets, including additional high-grade intersections from resource conversion and extension drilling at Hoyle Pond, Borden and Pamour; district drilling success at Owl Creek, as well as at the new Broulan target near Pamour; and very encouraging initial drilling results from our two key near-term growth projects, Dome and TVZ."Looking ahead, we issued our 2026 guidance today with our Q4 2025 results. The guidance includes significant production growth, reflecting higher output at Hoyle Pond and Borden, as well as increased production from open pit sources, including both Pamour and Hollinger, where we are currently resuming operations. Unit costs will be near the top of the target ranges in the first half of the year and improve significantly over the final six months as production levels increase, sustaining capital declines and we benefit from our investments in equipment, development and infrastructure at our operations. We will also be investing $55 – $75 million in exploration, which is a direct result of the success we are achieving and the tremendous upside we see at all our Porcupine operations and projects."SUMMARY OF Q4 AND FY 2025 PERFORMANCE Three months ended Year ended (in $ thousands except per share amounts)December 31, 2025 December 31, 2024 September 30, 2025 December 31, 2025 December 31, 2024 Revenue274,242 — 236,961 653,213 — Production costs73,814 — 106,807 235,540 — Earnings (loss) before income taxes60,349 (5,663)71,114 149,521 (15,167)Net earnings (loss)65,289 (5,663)42,439 106,810 (15,167)Basic earnings (loss) per share0.08 (0.01)0.05 0.16 (0.04)Diluted earnings (loss) per share0.08 (0.01)0.05 0.15 (0.04)Cash flow from (used in) operating activities163,231 (2,937)153,488 377,723 (15,141)Cash investment on mine development and PPE(95,324)479 (66,675)(205,532)(7,245) Three months ended Year ended December 31, 2025 December 31, 2024 September 30, 2025 December 31, 2025 December 31, 2024 Tonnes milled 892,818 — 808,688 2,210,297 — Average Grade (g/t Au) 2.58 — 2.69 2.80 — Recovery (%) 90.2% — 90.3% 90.5% — Gold produced (oz) 66,718 — 63,154 180,424 — Gold sold (oz)(1) 64,479 — 66,200 173,229 — Average realized price ($/oz sold)(2)$4,157 $— $3,489 $3,701 $— Operating cash costs per ounce sold ($/oz sold)(2)$1,185 $— $1,339 $1,267 $— AISC per ounce sold ($/oz sold)(2)(3)$2,034 $— $1,734 $1,925 $— Adjusted net earnings(2)$113,495 $(4,320)$61,090 $199,974 $(10,736)Adjusted net earnings per share(2)$0.14 $(0.01)$0.08 $0.29 $(0.03)Free cash flow(2)$67,907 $(2,458)$86,813 $172,191 $(22,386)(1) The difference between ounces produced and ounces sold largely reflects the delivery of in-kind ounces under the Franco-Nevada royalty arrangement.(2) Example of Non-GAAP measure. See the section in this press release entitled, "NON-GAAP MEASURES" for more information.(3) 2025 results exclude G&A expense, share-based compensation costs and sustaining capital expenditures and lease expense incurred prior to April 15, 2025, the completion date of the Porcupine Acquisition.Q4 2025Revenue in Q4 2025 increased 16% from the previous quarter to $274.2 million, reflecting gold sales of 64,479 ounces and an average realized gold price1 of $4,157 per ounce. Net earnings totaled $65.3 million, or $0.08 per basic share compared to net loss of $5.7 million, or $0.01 per basic share, in Q4 2024 and net earnings of $42.4 million, or $0.05 per basic share, in Q3 2025.Adjusted net earnings1 totaled $113.5 million, $0.14 per basic share, which compared to net loss of $4.3 million, or $0.01 per basic share, in Q4 2024, and adjusted net earnings of $61.1 million, or $0.08 per basic share, the previous quarter; Adjusted net earnings in Q4 2025 differed from net earnings due mainly to the exclusion from adjusted net earnings of a one-time $45.0 million reclamation expense for non-operating mine sites, a $10.9 million expense related to shares issued for the Taykwa Tagamou Nation ("TTN") Resource Development Agreement (see Discovery press release dated October 21, 2025 for more information), $4.0 million of foreign exchange losses, $3.0 million related to a transaction services agreement ("TSA") with Newmont Corporation, and $2.2 million of purchase price allocation adjustments.EBITDA1,2 of $126.0 million compared to a loss before interest, taxes and depreciation and amortization of $5.6 million in Q4 2024 and EBITDA of $122.5 million in Q3 2025; EBITDA increased from the previous quarter as the favourable impact of higher revenue and lower production costs more than offset the reduction from a one-time $45.0 million reclamation expense related to non-operating mine sites due to a one-time accounting remeasurement.Solid operating performance in Q4 2025:Production of 66,718 ounces increased 6% from the previous quarter.Gold sales of 64,479 ounces versus 66,200 ounces in Q3 2025.Production costs of $73.8 million compared to $106.8 million the previous quarter, with the reduction largely due to reduced PPA adjustments and lower costs related to inventory changes compared to the previous quarter.Operating cash costs1 improved 12% to $1,185 per ounce sold compared to $1,339 per ounce sold in Q3 2025, largely reflecting changes in inventories.AISC1 averaged $2,034 per ounce sold compared to $1,734 per ounce sold the previous quarter, with the increase largely resulting from higher sustaining capital expenditures, as the Company invested in new mobile equipment, capital development and improving infrastructure at Hoyle Pond and Borden, and in buttressing the No. 6 tailings management area ("TMA6"), as well as increased Corporate G&A expense; Site-level AISC in Q4 2025 averaged $1,824 per ounce sold versus $1,699 per ounce sold in Q3 2025.Cash flows included net cash from operating activities of $163.2 million, which compared to net cash used in operating activities of $2.9 million in Q4 2024 and net cash from operating activities of $153.5 million the previous quarter.Free cash flow1 totaled $67.9 million versus free cash flow of ($2.5) million in Q4 2024 and $86.8 million in Q2 2025, with the change from Q3 2025 mainly reflecting progress in ramping up the Company's investment programs.Capital expenditures1 in Q4 2025 totaled $99.9 million, with an additional $5.9 million of leases. Of the $99.1 million, $33.8 million related to sustaining capital expenditures1, while $66.1 million were growth capital expenditures1. Growth capital expenditures primarily related to pre-stripping at Pamour and longer-term investments at the TMA6. Cash at December 31, 2025, totaled $410.7 million compared to $341.5 million at September 30, 2025, with the increase in cash mainly resulting from the $67.9 million of free cash flow generated during Q4 2025.Working capital1 at December 31, 2025 totaled $242.2 million as compared to working capital of $17.0 million at December 31, 2024 and $224.2 million at September 30, 2025. The Growth in working capital in Q4 2025 resulted from the increase in cash, partially offset by higher current taxes payable and increases in accounts payable and accrued liabilities compared to September 30, 2025. The Company's current taxes payable at December 31, 2025, totaled $85.1 million, which will be paid in Q1 2026.(1) Represents cash capital expenditures incurred during Q4 2025FY 2025Discovery did not generate revenue or earnings from mine operations in FY 2024 or Q1 2025.Gold production from April 16, 2025 to December 31, 2025 totaled 180,424 ounces, while gold sales totaled 173,229 ounces. Revenue of $653.2 million resulted from gold sales and an average realized price of $3,701 per ounce. Production costs totaled $238.5 million. Operating cash costs averaged $1,267 per ounce sold, while AISC per ounce sold averaged $1,925. The difference between ounces produced and ounces sold largely reflects the delivery of in-kind ounces related to the Franco-Nevada royalty arrangement.EBITDA was $297.0 million versus a loss before interest, taxes and depreciation and amortization of $15.1 million in FY 2024, with earnings generated following the Porcupine Acquisition in FY 2025 mainly accounting for the significant improvement in EBITDA performance.Net earnings totaled $106.8 million, or $0.16 per basic share, versus net loss of $15.2 million, or $0.04 per basic share, in FY 2024, with the prior year net loss largely resulting from corporate G&A costs, share-based compensation expense and foreign exchange losses during FY 2024.Weighted average basic shares outstanding were 687.8 million shares versus 398.4 million shares for the same period a year earlier, with the increase mainly due to the impact of the 401.8 million shares issued during Q2 2025 in relation to the Porcupine Acquisition and related financing package.Adjusted net earnings were $200.0 million, or $0.29 per basic share compared to adjusted net loss of $10.7 million, or $0.03 per basic share, in FY 2024. The difference between net earnings and adjusted net earnings in FY 2025 mainly reflected the exclusion of the one-time $45.0 million reclamation expense for non-operating sites, $22.1 million of transaction-specific business development expenses, primarily related to the Porcupine Acquisition, $20.7 million of PPA adjustments, a $10.9 million expense related to shares issued in relation to the TTN Resource Development Agreement, and $8.8 million of TSA costs.Net cash from operating activities in FY 2025 totaled $377.7 million, while free cash flow totaled $172.2 million.Capital expenditures for FY 2025 totaled $212.3 million, with an additional $8.1 million of leases, which included $70.8 million of sustaining capital expenditures and $141.5 million of growth capital expenditures; Of growth capital expenditures in FY 2025, $134.4 million related to Porcupine, primarily due to pre-stripping at Pamour and longer-term investments at the TMA6, and $7.1 million related to Cordero, largely for land acquisition.(1) Example of Non-GAAP measure. See the section of this press release entitled, "NON-GAAP MEASURES" for more information.(2) Refers to earnings before interest, taxes and depreciation and amortization. Income Statement Summary Three months ended Year ended (in thousands except per share amounts)December 31,2025 December 31,2024 September 30,2025 December 312025 December 31,2024 Revenue$274,242 $- $236,961 $653,213 $- Production costs 73,814 - 106,807 235,540 - Depreciation and amortization 49,381 - 35,826 101,591 - Royalties 7,859 - 3,619 13,394 - Earnings from mining operations 143,188 - 90,709 302,688 - Expenses General and administration 16,695 4,834 6,661 51,707 10,492 Exploration 340 (2) 5,972 7,167 373 Impairment — — 2,140 2,140 — Share-based compensation 461 1,212 1,398 4,979 3,235 Other operating costs 47,512 — — 47,512 — Earnings from operations 78,180 (6,044) 74,538 189,183 (14,100) Other Other income (loss) (3,623) 186 9,301 (1,012) (2,592)Finance Items Finance expense (income), net (14,208) 195 (12,725) (38,650) 1,525 Earnings before taxes 60,349 (5,663) 71,114 Full story available on Benzinga.com

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