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AxoGen: Q4 Earnings Snapshot

On Thursday, Ready Capital Corporation reported a fourth-quarter GAAP loss of $234.2 million, disclosing its quarterly results.
RC reported adjusted figures showing losses adjusted for non‑recurring costs and discontinued operations equaled 9 cents per share, noting non‑GAAP measures are not a substitute for GAAP.
The filings highlight a gap between adjusted and reported revenue, with adjusted revenue well below RC's reported revenue for the quarter.
RC's balance sheet reflected net debt $691.4 million and gross debt $871.2 million as of December 31, 2025, with leverage metric net debt divided by trailing twelve months adjusted EBITDA ≈ 2.3x.
RC noted its non‑GAAP definitions may not match others' and said it did not provide guidance for comparable GAAP measures or reconciliation of forward-looking non‑GAAP metrics.

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