Latest news with #PSEC
Business Insider
26-06-2025
- Business
- Business Insider
Prospect Capital CEO buys $1.01M in common stock
In a regulatory filing, Prospect Capital (PSEC) CEO John Barry disclosed the purchase of 319,000 common shares of the company on June 23 at a price of $3.16 per share. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
25-06-2025
- Business
- Business Insider
Prospect Capital CEO Barry buys 623,000 common shares
In a regulatory filing, Prospect Capital (PSEC) CEO John Barry disclosed the purchase of 623,000 common shares of the company on June 20 at a price of $3.1907 per share. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Technical.ly
15-04-2025
- Science
- Technical.ly
This interactive map shows where STEM learning happens in Philly
Looking to get involved in science and technology activities in Philadelphia? This map could help you find exactly what you're looking for. The Philadelphia STEM Programming Directory is an interactive map of STEM-related programming and orgs in the city. Today, it has dozens of programs around the city in its index, spreading the word about ways parents and teachers can encourage students' interests in science and technology at any age — including a recently held STEM community day. 'Let's get our people educated or informed about the possibilities that they can have here,' Betsy Payne, manager of the organization that runs the map, Philadelphia STEM Ecosystem, told 'It starts with little kids.' Founded in 2015, Philadelphia STEM Ecosystem is a membership group of businesses, educators and professional orgs working to get the word out about STEM educational opportunities. The tool targets students and parents looking for extracurricular activities, as well as educators looking for professional resources. The activities included on the map are there year-round, so even if they aren't currently operating, parents can be aware of the next session, Payne said. The map itself has filters like grade level, subjects of interest, location and time of year that users can select. For example, parents can specifically look for middle school life sciences programs in Center City in the fall. There's no cost to be included in the directory or for the families that use it. The map tool is a way for parents and teachers to keep up with what activities are available and create connections in the ecosystem, Payne said. 'From the beginning, 10 years ago, the idea of the STEM Ecosystem was to make sure that opportunities in education, employment and anything STEM was available and accessible to all,' Payne said. A STEM workforce that reflects Philly's demographics The programming directory is just one of the ways that the Philadelphia STEM Ecosystem works to connect people with resources. The STEM Ecosystem spun out the Philadelphia STEM Equity Collective (PSEC) in 2020, an initiative to get more Black people, Latine people and women into STEM careers. It aims to make the STEM workforce of the city reflect the population that lives here, Payne said. PSEC has a page of resources on its website, including the programming directory, and lists of job opportunities, workforce development programs and available grants. Payne tries to keep all of these resource pages updated every two weeks, highlighting the opportunities with upcoming deadlines, she said. Earlier this month, PSEC and the STEM Ecosystem put on the first STEM Community Day at the Academy of Natural Sciences, a free opportunity to expose families and educators to different STEM education programs in Philly. Almost 20 orgs were in attendance, sharing information and setting up activity tables throughout the museum. The activities ranged in topic from drones to weather to beauty and skincare. For example, ECLOSE Institute, which has biomedical research programming for youth, set up an activity where kids could look at sleeping fruit flies through a microscope while also sharing more about their programming for elementary through high school-aged kids. Hosting the event at a well-known space brought in patrons that weren't necessarily looking for it, leading them to learn more about STEM programming in the city. Jean Riling brought her kids to the Academy of Natural Sciences and was pleasantly surprised by the STEM Community Day activities, she said. Her kids are interested in STEM and she's always looking for hands-on, kid-focused activities she can bring them to. 'It expands the way they can think and that they can create,' Riling said. 'It gives them more ideas about what they can do as they get older and how they can contribute to the world.' Sarah Huffman is a 2022-2024 corps member for Report for America, an initiative of The Groundtruth Project that pairs young journalists with local newsrooms. This position is supported by the Lenfest Institute for Journalism.
Yahoo
12-02-2025
- Business
- Yahoo
Medpace Holdings Inc (MEDP) Q4 2024 Earnings Call Highlights: Strong Revenue Growth Amid ...
Q4 2024 Revenue: $536.6 million, a year-over-year increase of 7.7%. Full-Year 2024 Revenue: $2.11 billion, an 11.8% increase from 2023. Q4 2024 EBITDA: $133.5 million, a 39.3% increase from Q4 2023. Full-Year 2024 EBITDA: $480.2 million, a 32.5% increase from 2023. Q4 2024 EBITDA Margin: 24.9%, up from 19.2% in Q4 2023. Full-Year 2024 EBITDA Margin: 22.8%, compared to 19.2% in 2023. Q4 2024 Net Income: $117 million, a 49.5% increase from Q4 2023. Full-Year 2024 Net Income: $404.4 million, a 43% increase from 2023. Q4 2024 Net Income per Diluted Share: $3.67, compared to $2.46 in Q4 2023. Full-Year 2024 Net Income per Diluted Share: $12.63, compared to $8.88 in 2023. Cash Flow from Operating Activities (Q4 2024): $190.7 million. Cash as of December 31, 2024: $669.4 million. Share Repurchases (Q4 and Full-Year 2024): Approximately 527,000 shares for $174.2 million. 2025 Revenue Guidance: $2.11 billion to $2.21 billion, flat to 4.8% growth over 2024. 2025 EBITDA Guidance: $462 million to $492 million, a decline of 3.8% to growth of 2.5% compared to 2024. 2025 Net Income Guidance: $378 million to $402 million. 2025 Earnings per Diluted Share Guidance: $11.93 to $12.69. Warning! GuruFocus has detected 4 Warning Signs with PSEC. Release Date: February 11, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Medpace Holdings Inc (NASDAQ:MEDP) reported a 7.7% year-over-year increase in revenue for Q4 2024, reaching $536.6 million. Full-year 2024 revenue grew by 11.8% compared to 2023, totaling $2.11 billion. EBITDA for Q4 2024 increased by 39.3% year-over-year, reaching $133.5 million, with a margin improvement to 24.9%. Net income for Q4 2024 rose by 49.5% compared to the previous year, amounting to $117 million. The company has a strong cash position with $669.4 million in cash as of December 31, 2024, and generated $190.7 million in cash flow from operating activities in Q4 2024. The book-to-bill ratio for Q4 2024 was 0.99, indicating a slight decline in new business awards. Net new business awards for the full year 2024 decreased by 5.4% compared to the previous year. The business environment showed signs of weakening in Q4 2024, with a slight decrease in RFPs compared to Q3. Guidance for 2025 indicates flat to low single-digit revenue growth, reflecting challenges in the business environment. Elevated cancellation rates in 2024 have impacted the backlog and may continue to affect bookings in the first half of 2025. Q: Can you elaborate on the factors driving the outperformance in service gross margins, aside from the pass-through mix component? A: Kevin Brady, CFO, explained that the outperformance was primarily due to the productivity of existing staff and the smooth progression of programs in backlog. Q: What assumptions could lead to achieving the high end of your revenue guidance for 2025? A: Kevin Brady, CFO, stated that an improved business environment and the progression of pre-backlog programs into backlog as awards would be key factors. Q: Are you surprised by the recent deterioration in the business environment despite a better funding environment in 2024? A: August Troendle, CEO, noted that while RFP flow was fine, the qualitative aspects of projects weren't as robust. He speculated that it might be due to election-related uncertainties or other factors. Q: How do you expect revenue phasing throughout 2025, and what is the mix between direct and indirect fees? A: Kevin Brady, CFO, expects a linear progression of revenue throughout the year, with indirect fees as a percentage of revenue remaining similar to Q4 2024 levels. Q: What are the trends in pre-backlog awards and cancellations? A: August Troendle, CEO, mentioned that while the business environment softened slightly in Q4, the flow of pre-backlog awards was still okay. Cancellations decreased in both backlog and pre-backlog phases. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
