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Global Relay to Debut Enhanced AI Surveillance Solution at FINRA Annual Conference 2025

Global Relay to Debut Enhanced AI Surveillance Solution at FINRA Annual Conference 2025

Business Wire13-05-2025

NEW YORK--(BUSINESS WIRE)-- Global Relay, a leading provider of end-to-end compliance solutions for highly regulated industries, today announced it will debut its newly enhanced, AI-enabled communications surveillance solution at the 2025 FINRA Annual Conference, taking place May 13-15 in Washington, DC.
The conference marks the first time U.S. audiences will see the enhanced solution in person, which uses generative AI to review business communications in their entirety to make alert decisions based on the context of the message for comprehensive risk management.
'The integration of Large Language Models into Global Relay Surveillance allows us to provide unprecedented accuracy and scalability to customers for their communications monitoring efforts,' says Don McElligott, Vice President of Compliance Supervision for Global Relay. 'By leveraging generative AI capabilities, surveillance teams can analyze business communications with greater context, accuracy, and speed – while significantly reducing noise and false positives.'
As regulators increasingly require firms to demonstrate a risk-based approach to communications monitoring, Global Relay's enhanced surveillance solution offers robust, compliance-based explanations to help analysts understand the rationale behind every flagged risk. And with a knowledge base that extends far beyond financial services compliance, the Global Relay LLM requires no additional training so firms can quickly adapt and evolve their surveillance strategy to meet evolving regulatory demands.
Global Relay Surveillance Showcase Availability and Demos at FINRA
Global Relay's Surveillance Showcase will be open throughout the 2025 FINRA Annual Conference. Attendees and members of the press are encouraged to visit the Mint Room on level M4 of the Marriott Marquis during the networking breaks and exhibitor reception for personalized product demonstrations of Global Relay's archiving, data capture, mobile compliance, and communications surveillance solutions.
To learn more about Global Relay Surveillance, please visit
About Global Relay
Global Relay is a leading provider of end-to-end compliance solutions for the global financial sector and other highly regulated industries.
Founded in 1999, Global Relay delivers services to over 20,000 customers in 90 countries, including 22 of the top 25 banks. With secure solutions for every step of the compliance journey, Global Relay App, Archive, Connectors, and Surveillance enable regulated organizations to meet recordkeeping and risk management requirements.

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U.S. Court of Appeals for the Federal Circuit Affirms Prior Delaware District Court Rulings in Favor of Acadia in NUPLAZID® (pimavanserin) Composition of Matter Patent

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Civeo Announces a 4-Year Contract Renewal in the Australian Bowen Basin with expected revenues of approximately A$250 million

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This unfavorably impacted same-store and total results for the quarter by approximately 100 basis points; the full year impact was approximately 25 basis points. 2 EBITDA is reconciled to net income below. 3 As calculated under the covenants in the Company's credit facilities Inside Three Months Ended April 30, Twelve Months Ended April 30, 2025 2024 2025 2024 Inside sales (in thousands) $ 1,413,593 $ 1,257,375 $ 5,755,649 $ 5,188,994 Inside same-store sales 1.7 % 5.6 % 2.6 % 4.4 % Grocery and general merchandise same-store sales 1.8 % 4.3 % 2.3 % 3.5 % Prepared food and dispensed beverage same-store sales 1.5 % 8.8 % 3.5 % 6.8 % Inside gross profit (in thousands) $ 582,396 $ 517,613 $ 2,389,448 $ 2,128,822 Inside margin 41.2 % 41.2 % 41.5 % 41.0 % Grocery and general merchandise margin 34.8 % 34.4 % 35.0 % 34.1 % Prepared food and dispensed beverage margin 57.8 % 58.1 % 58.2 % 58.7 % For the quarter, total inside sales were up 12.4% for the quarter and total inside gross profit was up 12.5%. 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Same-store employee expense was approximately flat, as the increases in wage rates were substantially offset by a reduction in same-store labor hours. 4 Fuel category does not include wholesale fuel nor terminal activity, which is included in Other. Expansion Store Count April 30, 2024 2,658 New store construction 35 Acquisitions 235 Acquisitions not opened (1 ) Prior acquisitions opened 1 Closed (24 ) April 30, 2025 2,904 Liquidity At April 30, 2025, the Company had approximately $1.2 billion in available liquidity, consisting of approximately $327 million in cash and cash equivalents on hand and approximately $900 million in undrawn borrowing capacity on existing lines of credit. Share Repurchase During the fourth quarter, the Company did not repurchase any shares. The Company has approximately $295 million remaining under its existing share repurchase authorization. Dividend At its June meeting, the Board of Directors voted to increase the quarterly dividend by 14% to $0.57 per share, which is the 26th consecutive year increasing the dividend. The dividend is payable August 15, 2025, to shareholders of record on August 1, 2025. Fiscal 2026 Outlook Casey's expects the following performance during fiscal 2026. The Company expects EBITDA to increase 10% to 12%. The Company expects inside same-store sales to increase 2% to 5% and inside margin of approximately 41%. The Company expects same-store fuel gallons sold to be negative 1% to positive 1%. Total operating expenses are expected to increase approximately 8% to 10%. The Company expects to open at least 80 stores in fiscal 2026, through a mix of M&A and new store construction, bringing the three-year strategic plan period total to approximately 500 stores. Net interest expense is expected to be approximately $110 million. Depreciation and amortization is expected to be approximately $450 million and the purchase of property and equipment is expected to be approximately $600 million. The tax rate is expected to be approximately 24% to 26% for the year. Casey's General Stores, Inc. and Subsidiaries Condensed Consolidated Statements of Income (Amounts in thousands, except share and per share amounts) (Unaudited) Three Months Ended April 30, Twelve Months Ended April 30, 2025 2024 2025 2024 Total revenue $ 3,992,758 $ 3,600,015 $ 15,940,899 $ 14,862,913 Cost of goods sold (exclusive of depreciation and amortization, shown separately below) 3,066,738 2,801,942 12,188,496 11,515,002 Operating expenses 663,003 579,047 2,552,356 2,288,513 Depreciation and amortization 107,443 92,344 403,647 349,797 Interest, net 27,916 14,494 83,951 53,441 Income before income taxes 127,658 112,188 712,449 656,160 Federal and state income taxes 29,351 25,168 165,929 154,188 Net income $ 98,307 $ 87,020 $ 546,520 $ 501,972 Net income per common share Basic $ 2.65 $ 2.35 $ 14.72 $ 13.51 Diluted $ 2.63 $ 2.34 $ 14.64 $ 13.43 Basic weighted average shares 37,126,996 37,025,986 37,116,152 37,164,022 Plus effect of stock compensation 263,564 233,993 226,860 206,284 Diluted weighted average shares 37,390,560 37,259,979 37,343,012 37,370,306 Casey's General Stores, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (Dollars in thousands) (Unaudited) April 30, 2025 April 30, 2024 Assets Current assets Cash and cash equivalents $ 326,662 $ 206,482 Receivables 180,746 151,793 Inventories 480,034 428,722 Prepaid and other current assets 24,641 25,791 Income taxes receivable 770 17,066 Total current assets 1,012,853 829,854 Operating lease right-of-use assets, net 417,046 115,819 Other assets, net 120,082 79,740 Goodwill 1,244,893 652,663 Property and equipment, net of accumulated depreciation of $3,122,203 at April 30, 2025 and $2,883,925 at April 30, 2024 5,413,244 4,669,357 Total assets $ 8,208,118 $ 6,347,433 Liabilities and Shareholders' Equity Current liabilities Current maturities of long-term debt and finance lease obligations $ 94,925 $ 53,181 Accounts payable 620,447 569,527 Accrued expenses and current portion of operating lease liabilities 386,321 330,758 Total current liabilities 1,101,693 953,466 Long-term debt and finance lease obligations, net of current maturities 2,413,620 1,582,758 Deferred income taxes 646,905 596,850 Operating lease liabilities, net of current portion 434,707 111,100 Insurance accruals, net of current portion 33,143 30,046 Other long-term liabilities 69,380 57,832 Total liabilities 4,699,448 3,332,052 Total shareholders' equity 3,508,670 3,015,381 Total liabilities and shareholders' equity $ 8,208,118 $ 6,347,433 Casey's General Stores, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (Dollars in thousands) (Unaudited) Twelve months ended April 30, 2025 2024 Cash flows from operating activities: Net income $ 546,520 $ 501,972 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 403,647 349,797 Amortization of debt related costs 2,312 1,111 Change in excess replacement cost over LIFO inventory valuation 11,530 12,499 Share-based compensation 47,732 41,379 Loss on disposal of assets and impairment charges 12,401 6,414 Deferred income taxes 59,958 53,252 Changes in assets and liabilities: Receivables (1,297 ) (31,246 ) Inventories (7,756 ) (51,785 ) Prepaid expenses 3,658 (3,684 ) Accounts payable (20,782 ) (8,731 ) Accrued expenses 21,525 14,387 Income taxes 15,460 5,112 Other, net (4,054 ) 2,476 Net cash provided by operating activities 1,090,854 892,953 Cash flows from investing activities: Purchase of property and equipment (506,224 ) (522,004 ) Payments for acquisitions of businesses, net of cash acquired (1,239,249 ) (330,032 ) Proceeds from sales of property and equipment 18,805 26,680 Net cash used in investing activities (1,726,668 ) (825,356 ) Cash flows from financing activities: Proceeds from long-term debt 1,100,000 — Repayments of long-term debt (239,492 ) (53,656 ) Payments of debt related costs (5,891 ) — Payments of cash dividends (72,309 ) (62,918 ) Repurchase of common stock and payment of related excise taxes (734 ) (104,898 ) Tax withholdings on employee share-based awards (25,580 ) (18,512 ) Net cash provided by (used in) financing activities 755,994 (239,984 ) Net increase (decrease) in cash and cash equivalents 120,180 (172,387 ) Cash and cash equivalents at beginning of the period 206,482 378,869 Cash and cash equivalents at end of the period $ 326,662 $ 206,482 SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION Twelve months ended April 30, 2025 2024 Cash paid during the period for: Interest, net of amount capitalized $ 86,598 $ 63,449 Income taxes, net 89,771 105,000 Noncash investing and financing activities: Purchased property and equipment in accounts payable 46,427 45,617 Summary by Category (Amounts in thousands) Three months ended April 30, 2025 Prepared Food & Dispensed Beverage Grocery & General Merchandise Fuel Other Total Revenue $ 391,655 $ 1,021,938 $ 2,438,937 $ 140,228 $ 3,992,758 Gross profit $ 226,406 $ 355,990 $ 307,836 $ 35,788 $ 926,020 57.8 % 34.8 % 12.6 % 25.5 % 23.2 % Fuel gallons sold 818,641 Three months ended April 30, 2024 Revenue $ 356,895 $ 900,480 $ 2,276,586 $ 66,054 $ 3,600,015 Gross profit $ 207,443 $ 310,170 $ 253,612 $ 26,848 $ 798,073 58.1 % 34.4 % 11.1 % 40.6 % 22.2 % Fuel gallons sold 694,989 Summary by Category (Amounts in thousands) Twelve months ended April 30, 2025 Prepared Food & Dispensed Beverage Grocery & General Merchandise Fuel Other Total Revenue $ 1,611,762 $ 4,143,887 $ 9,776,033 $ 409,217 $ 15,940,899 Gross profit $ 937,440 $ 1,452,008 $ 1,236,694 $ 126,261 $ 3,752,403 58.2 % 35.0 % 12.7 % 30.9 % 23.5 % Fuel gallons sold 3,196,852 Twelve months ended April 30, 2024 Revenue $ 1,461,600 $ 3,727,394 $ 9,402,071 $ 271,848 $ 14,862,913 Gross profit $ 858,295 $ 1,270,527 $ 1,116,671 $ 102,418 $ 3,347,911 58.7 % 34.1 % 11.9 % 37.7 % 22.5 % Fuel gallons sold 2,828,669 Prepared Food & Dispensed Beverage Prepared Food & Dispensed Beverage Same-store Sales Margin Q1 Q2 Q3 Q4 Fiscal Year Q1 Q2 Q3 Q4 Fiscal Year F2025 4.4 % 5.2 % 4.7 % 1.5 % 3.5 % F2025 58.3 % 58.7 % 57.8 % 57.8 % 58.2 % F2024 5.9 6.1 7.5 8.8 6.8 F2024 58.2 59.0 59.6 58.1 58.7 F2023 8.4 10.5 5.0 4.9 7.1 F2023 55.6 56.7 57.3 56.8 56.6 Grocery & General Merchandise Grocery & General Merchandise Same-store Sales Margin Q1 Q2 Q3 Q4 Fiscal Year Q1 Q2 Q3 Q4 Fiscal Year F2025 1.6 % 3.6 % 3.3 % 1.8 % 2.3 % F2025 35.4 % 35.6 % 34.2 % 34.8 % 35.0 % F2024 5.2 1.7 2.8 4.3 3.5 F2024 34.1 34.0 33.9 34.4 34.1 F2023 5.5 6.9 5.8 7.1 6.3 F2023 33.9 33.3 34.0 33.0 33.6 Fuel Gallons Fuel Margin Same-store Sales (Cents per gallon, excluding credit card fees) Q1 Q2 Q3 Q4 Fiscal Year Q1 Q2 Q3 Q4 Fiscal Year F2025 0.7 % (0.6 )% 1.8 % 0.1 % 0.1 % F2025 40.7 ¢ 40.2 ¢ 36.4 ¢ 37.6 ¢ 38.7 ¢ F2024 0.4 — (0.4 ) 0.9 0.1 F2024 41.6 42.3 37.3 36.5 39.5 F2023 (2.3 ) 0.3 (0.5 ) — (0.8 ) F2023 44.7 40.5 40.7 34.6 40.2 RECONCILIATION OF NET INCOME TO EBITDA We define EBITDA as net income before net interest expense, income taxes, depreciation and amortization. EBITDA is not considered to be a GAAP measure, and should not be considered as a substitute for net income, cash flows from operating activities or other income or cash flow statement data. This measure has limitations as an analytical tool, and should not be considered in isolation or as substitutes for analysis of our results as reported under GAAP. We strongly encourage investors to review our financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. We believe EBITDA is useful to investors in evaluating our operating performance because securities analysts and other interested parties use such calculations as a measure of financial performance and debt service capabilities, and it is regularly used by the Company for internal purposes including our capital budgeting process, evaluating acquisition targets, assessing performance, and awarding incentive compensation. Because non-GAAP financial measures are not standardized, EBITDA, as defined by us, may not be comparable to similarly titled measures reported by other companies. It therefore may not be possible to compare our use of this non-GAAP financial measure with those used by other companies. The following table contains a reconciliation of net income to EBITDA for the three and twelve months ended April 30, 2025 and 2024: (In thousands) Three Months Ended April 30, Twelve Months Ended April 30, 2025 2024 2025 2024 Net income $ 98,307 $ 87,020 $ 546,520 $ 501,972 Interest, net 27,916 14,494 83,951 53,441 Federal and state income taxes 29,351 25,168 165,929 154,188 Depreciation and amortization 107,443 92,344 403,647 349,797 EBITDA $ 263,017 $ 219,026 $ 1,200,047 $ 1,059,398 NOTES: Gross Profit is defined as revenue less cost of goods sold (exclusive of depreciation and amortization) Inside is defined as the combination of Grocery and General Merchandise and Prepared Food and Dispensed Beverage This release contains statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those related to expectations for future periods, possible or assumed future results of operations, financial conditions, liquidity and related sources or needs, business and/or integration strategies, plans and synergies, supply chain, growth opportunities, performance at our stores. There are a number of known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from any results expressed or implied by these forward-looking statements, including but not limited to the execution of our strategic plan, the integration and financial performance of acquired stores, wholesale fuel, inventory and ingredient costs, distribution challenges and disruptions, the impact and duration of the conflict in Ukraine or other geopolitical disruptions, as well as other risks, uncertainties and factors which are described in the Company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as filed with the Securities and Exchange Commission and available on our website. Any forward-looking statements contained in this release represent our current views as of the date of this release with respect to future events, and Casey's disclaims any intention or obligation to update or revise any forward-looking statements in the release whether as a result of new information, future events, or otherwise. Corporate information is available at this website: Earnings will be reported during a conference call on June 10, 2025. The call will be broadcast live over the Internet at 7:30 a.m. CDT. To access the call, go to the Events and Presentations section of our website at No access code is required. A webcast replay of the call will remain available in an archived format on the Events and Presentations section of our website at for one year after the call. CASY-IR View source version on Contacts Investor Relations Contact:Brian Johnson (515) 446-6587 Media Relations Contact: Katie Petru (515) 446-6772

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