(RTTNews) - Macquarie Group Limited (MQG.AX) reported net profit after tax attributable to ordinary shareholders of A$4.85 billion for the year ended 31 March 2026, up 30 percent on the year ended 31 March 2025. Earnings per share was A$12.77, up 30% from prior year. Net operatin
(RTTNews) - Macquarie Group Limited (MQG.AX) reported net profit after tax attributable to ordinary shareholders of A$4.85 billion for the year ended 31 March 2026, up 30 percent on the year ended 31 March 2025. Earnings per share was A$12.77, up 30% from prior year. Net operatin
Earnings Call Insights: LTC Properties (LTC) Q1 2026 Management View "LTC is successfully executing our SHOP strategy" and management framed the quarter around scaling senior housing operating properties quickly, with CEO Clint B. Malin saying, "Our capabilities, reputation and culture are resonating with sellers and operators, and these relationships are driving investment opportunities and recor...
Earnings Call Insights: LTC Properties (LTC) Q1 2026 Management View "LTC is successfully executing our SHOP strategy" and management framed the quarter around scaling senior housing operating properties quickly, with CEO Clint B. Malin saying, "Our capabilities, reputation and culture are resonating with sellers and operators, and these relationships are driving investment opportunities and record external growth, allowing us to scale incredibly quickly" (Co-CEO & Co-President Clint B. Malin). Malin tied the strategy to portfolio mix and per-share growth, stating, "With the SHOP currently projected to represent 45% of our total investments and 40% of annualized NOI by year-end, the shift in our portfolio mix is dramatically enhancing LTC's long-term ability to grow FFO and FAD per share above our historical rate" (Co-CEO & Co-President Malin). Portfolio recycling remained part of the plan, with Malin adding, "we would consider transactions that capitalize on attractive skilled nursing pricing by recycling capital into higher-growth SHOP assets" (Co-CEO & Co-President Malin). Asset management reiterated the 2026 disposition/repayment funding plan embedded in guidance, including, "reinvestment of approximately $265 million in planned dispositions and loan repayments from skilled nursing assets this year" and that this included "$77 million is closed and $190 million is expected to close in the third quarter" (Executive Vice President of Asset Management J. Satterwhite). Financial capacity and leverage were emphasized alongside external growth: "Including year-to-date ATM sales of $95 million, our current liquidity is $585 million" and "Our pro forma liquidity totaled $775 million" (Executive VP, CFO Caroline Chikhale). Outlook Management reiterated full-year guidance, with Caroline Chikhale stating, "We are reiterating our 2026 guidance for core FFO per share projected in the range of $2.75 to $2.79 and core FAD per share in the $2.82 to $2.86 range" (Executive VP, C...
Earnings Call Insights: El Pollo Loco (LOCO) Q1 2026 Management View "We are proud of our first quarter results, including system-wide same-store sales growth of 5.8% and restaurant-level margin expansion of 320 basis points year-over-year," said (CEO & Director Elizabeth Williams), adding, "Our momentum is sustainable and we are well-positioned to deliver on our priorities for 2026." "The Baja To...
Earnings Call Insights: El Pollo Loco (LOCO) Q1 2026 Management View "We are proud of our first quarter results, including system-wide same-store sales growth of 5.8% and restaurant-level margin expansion of 320 basis points year-over-year," said (CEO & Director Elizabeth Williams), adding, "Our momentum is sustainable and we are well-positioned to deliver on our priorities for 2026." "The Baja Tostada lineup exceeded expectations, delivering a record-breaking 8.3% sales mix for our brand with our tostada and salad category peaking at over 20% of our total sales mix," said (CEO & Director Williams), and noted, "We have made a strategic decision to keep the chicken Baja Tostada on the menu in the summer." "For the first quarter, our total digital business, including kiosks, represented approximately 28% of sales in our corporate restaurants," said (CEO & Director Williams), and added, "National Burrito Day activation at the beginning of April delivered our single highest loyalty sales day in our company's history." "For the first quarter ended April 1, 2026, total revenue was $126.2 million," said (Chief Financial Officer Ira Fils), and added, "We reported GAAP net income of $8.2 million or $0.27 per diluted share" and "Adjusted EBITDA for the first quarter of 2026 was $18.2 million." Outlook "We are increasing our system-wide comparable store growth guidance to now be between 2% and 4% for the full year," said (Chief Financial Officer Fils), and added, "We are increasing our adjusted EBITDA guidance to be between $67.5 million to $69.5 million." "We expect our restaurant level margin for the full year 2026 to be between 18.25% and 18.75%, an increase of 25 basis points from our prior guidance," said (Chief Financial Officer Fils). "We are maintaining the following guidance: the opening of at least 3 to 4 company-operated restaurants and 15 to 16 franchise-operated restaurants; capital spending between $37 million and $40 million; G&A expenses between $52 million to ...
Earnings Call Insights: N-able (NABL) Q1 2026 Management View CEO John Pagliuca said N-able is focusing on “AI innovation, where we are automating work historically delivered through labor-intensive services,” positioning the company around an “end-to-end cyber resilience platform” as “advancements in frontier models are fundamentally rewriting the threat landscape.” Pagliuca highlighted Q1 operat...
Earnings Call Insights: N-able (NABL) Q1 2026 Management View CEO John Pagliuca said N-able is focusing on “AI innovation, where we are automating work historically delivered through labor-intensive services,” positioning the company around an “end-to-end cyber resilience platform” as “advancements in frontier models are fundamentally rewriting the threat landscape.” Pagliuca highlighted Q1 operating indicators and mix shift: “First quarter ARR was $548 million, growing 8% year-over-year in constant currency, and adjusted EBITDA margin was 27%,” and “trailing 12-month net retention now at 106%.” He tied performance to upmarket progress, noting “the number of customers with over $50,000 of ARR grew by 13% year-over-year,” and said the cohort “now represents 62% of N-able's total ARR.” Pagliuca emphasized channel expansion and security/data protection momentum, including that “4 of our top 5 new customer wins in the quarter… were through value-added resellers,” and that “security operations and data protection continue to outpace total company growth.” He also cited new reference wins, including being “Manchester City Football Club's official cybersecurity partner.” CFO Tim O’Brien described capital priorities as “investing behind durable demand for cybersecurity solutions while delivering a robust financial profile,” and said Q1 results included total revenue of $134 million, adjusted EBITDA of $37 million, and unlevered free cash flow of $22 million. Outlook The company guided Q2 2026 total revenue to $137.5 million to $138.5 million and Q2 adjusted EBITDA to $39.5 million to $40.5 million, with O’Brien adding: “revenue growth is impacted by the timing and magnitude of on-premise deals and related revenue recognition dynamics, and we continue to view ARR as the best velocity metric for our business.” For full-year 2026, O’Brien guided total revenue to $554 million to $559 million and ARR to $581 million to $586 million, alongside adjusted EBITDA of $167 million to $...
Earnings Call Insights: Clarus Corporation (CLAR) Q1 2026 Management view "Overall, our first quarter results reflect disciplined execution of our simplification strategy" (Executive Chairman Warren Kanders), while adding, "we have initiated this review to enhance shareholder value" and "Potential alternatives include the sale of all or part of the business or other strategic or financial transact...
Earnings Call Insights: Clarus Corporation (CLAR) Q1 2026 Management view "Overall, our first quarter results reflect disciplined execution of our simplification strategy" (Executive Chairman Warren Kanders), while adding, "we have initiated this review to enhance shareholder value" and "Potential alternatives include the sale of all or part of the business or other strategic or financial transactions involving the company" (Executive Chairman Kanders); he also said Clarus "retained Jefferies LLC as our financial advisor" and "will not be answering any questions or commenting further" on the process (Executive Chairman Kanders). Outdoor focus remained on higher-margin categories, with Kanders saying the company is "shifting toward a sustainable full price model" and that "Apparel... grew 10% year-over-year on a full price basis in Q1" (Executive Chairman Kanders). Outdoor execution details emphasized category concentration, with "our big three business units, mountain, climb, and apparel... now account for over 90% of total revenue" and adjusted EBITDA of "$1.4 million" (President McNeil Fiske). Adventure commentary mixed progress with a weaker setup for the back half, as management pointed to "new international customer wins" and then warned it sees "macro, trade, and consumer headwinds" later in the year, alongside "targeted pricing actions and additional cost controls" (Executive Chairman Kanders). "We have revised our full year 2026 sales range to be between $245 million and $255 million and adjusted EBITDA to be in the range of $3 million to $5 million" (CFO Michael Yates), and he highlighted a reporting change: "beginning in the first quarter of 2026, we will no longer be adjusting and adding back the costs associated with the Section 16(b) litigation and the Consumer Product Safety Commission DOJ matter" (CFO Yates). Outlook "Second quarter sales are expected to range between $51 million and $53 million, and adjusted EBITDA is expected to approximately be a $...
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. 2 former Chinese defence ministers handed suspended death sentences Two former Chinese defence ministers, Wei Fenghe and Li Shangfu, h...
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. 2 former Chinese defence ministers handed suspended death sentences Two former Chinese defence ministers, Wei Fenghe and Li Shangfu, have received suspended death sentences after being found guilty of corruption, according to...
ChinaAMC CEO Yimei Li says technology upgrades and semiconductors are driving market momentum in China, supporting strong performance in the firm’s ETF products. She also outlines plans for tokenization growth in an exclusive interview on Bloomberg’s ETF IQ Asia. (Source: Bloomberg)
ChinaAMC CEO Yimei Li says technology upgrades and semiconductors are driving market momentum in China, supporting strong performance in the firm’s ETF products. She also outlines plans for tokenization growth in an exclusive interview on Bloomberg’s ETF IQ Asia. (Source: Bloomberg)
krblokhin Amazon ’s ( AMZN ) cloud computing division, Amazon Web Services, said Thursday that it was working to bring temperatures back to normal at a data center in Northern Virginia after overheating caused disruptions to some services. "We continue to investigate instance impairments to a single Availability Zone (use1-az4) in the US-EAST-1 Region. We have experienced an increase in temperatur...
krblokhin Amazon ’s ( AMZN ) cloud computing division, Amazon Web Services, said Thursday that it was working to bring temperatures back to normal at a data center in Northern Virginia after overheating caused disruptions to some services. "We continue to investigate instance impairments to a single Availability Zone (use1-az4) in the US-EAST-1 Region. We have experienced an increase in temperatures within a single data center, which in some cases has caused impairments for instances in the Availability Zone," the company said in a status update. "EC2 instances and EBS volumes hosted on impacted hardware are affected by the loss of power during the thermal event. Other AWS services that depend on the affected EC2 instances and EBS volumes in this Availability Zone, may also experience impairments." Cryptocurrency exchange Coinbase ( COIN ) said it was aware that customers may be experiencing degraded performance at this time due to an AWS outage. The cryptocurrency exchange assured customers that funds remain safe and that it is investigating the issue. More on Coinbase, Amazon Coinbase Global, Inc. (COIN) Q1 2026 Earnings Call Transcript Coinbase Global, Inc. 2026 Q1 - Results - Earnings Call Presentation Agentic AI Is Great For AWS Coinbase outlines 2026 adjusted expenses of $4.3B-$4.6B while shifting to an AI-native operating model Stocks to watch on Thursday after hours: COIN, NET, OPEN, EXPE
BlackRock Private Credit Fund Cuts Asset Values By 5%, As Golub Gates After 8.5% Redemptions Just another day in private credit paradise... er, hell. One day after Gundlach repeated his warning that the private credit crisis will end in tears for bagholders, Blackrock cut the value of its publicly-traded private credit fund by about 5%, as it - like most of its peers - struggled under the weight o...
BlackRock Private Credit Fund Cuts Asset Values By 5%, As Golub Gates After 8.5% Redemptions Just another day in private credit paradise... er, hell. One day after Gundlach repeated his warning that the private credit crisis will end in tears for bagholders, Blackrock cut the value of its publicly-traded private credit fund by about 5%, as it - like most of its peers - struggled under the weight of troubled loans, markdowns and lower returns. BlackRock TCP Capital Corp., a publicly traded middle-market lending fund, said markdowns totaled $35 million in the quarter ended March 31, according to a statement on Thursday. Amusingly, and in hopes of redirecting attention, the $1.5 billion fund highlighted “improving credit quality,” and said it invested more in senior debt and strengthened its balance sheet. The fund said its dividend, which was cut to 17 cents a share last quarter, would remain flat. The fund has been a challenge for BlackRock, the world’s largest asset manager with about $14 trillion in assets, which is expanding aggressively into private credit. BlackRock acquired specialist manager HPS Investment Partners last year for about $12 billion, aiming to significantly expand its existing capabilities and legacy funds, including TCPC. The TCPC fund said in January that it cut the net asset value of its assets by 19%, which sent shares tumbling. The fund has struggled in part due to exposure to e-commerce aggregators - companies that buy and manage Amazon.com Inc. sellers - as well as troubled home improvement company Renovo Home Partners, which filed for bankruptcy. Back in March, we reported that Blackrock slashed the value of one of its private loans from par to 0 in just months, Infinite Commerce Holdings, sparking a selloff in the shares as the market was stunned by how quickly a loan from the world's most iconic asset manager can go from par to 0 in just days. “While we have made meaningful progress, we recognize there is more work to do and we remain f...
Claude正式杀进微软全家桶了。 Anthropic宣布，Claude for Excel、PowerPoint和Word正式全面可用，Claude for Outlook进入公开测试。 也就是说，你现在可以在微软自家的Office里，调用一个来自Anthropic的AI助手，绕过Copilot，直接让Claude来帮你写邮件、改PPT、建Excel模型。 而且这件事是微软亲自允许的，甚至可以说...
Claude正式杀进微软全家桶了。 Anthropic宣布，Claude for Excel、PowerPoint和Word正式全面可用，Claude for Outlook进入公开测试。 也就是说，你现在可以在微软自家的Office里，调用一个来自Anthropic的AI助手，绕过Copilot，直接让Claude来帮你写邮件、改PPT、建Excel模型。 而且这件事是微软亲自允许的，甚至可以说，是微软自己推动的。 这就很有意思了。 微软一边花了真金白银投资OpenAI，把GPT深度嵌入整个Office套件，造出Copilot这个品牌，喊了三年的“AI Copilot重新定义生产力”。 现在它却让竞争对手的模型直接进驻自己的主场。 真就左脑攻击右脑？ 显然不是，微软其实在下一盘很大的棋。 01 Claude for Microsoft 365到底是什么？ Claude for Microsoft 365是Anthropic做的一套原生加载项，通过Microsoft AppSource分发，安装后就是Word、Excel、PowerPoint、Outlook里的一个侧边栏。 它不是Copilot，也不替代Copilot，是以“第三方加载项”的身份，和Copilot并排存在于同一个Office里。 4个模块各有侧重。 Claude for Excel可以针对任意单元格回答“这是什么”，也可以在不破坏公式的情况下更新假设，还可以从零搭一个财务模型。 Anthropic给了一些客户的使用案例。 ServiceNow的反馈是“Claude直接在Excel里干活，而不是让我们在工具之间倒腾内容”，瑞银的团队用它来搭建和更新覆盖模型，分析师不再需要手动敲框架，可以把精力花在压力测试和情景分析上。 Claude for PowerPoint更有意思，它能读你公司的模板，在模板内生成原生的图表和图示，这样你就不需要自己重新排版了。 它甚至能只修改你选中的那一张slide，并且保持设计风格其他页面。 Claude for Word应该是使用最频繁的。它不仅包含基础的添加新文字，还可以“追踪修订”的方式提交修改，每一处改动都显示在Word原生的审阅面板里，删除是删除线，插入是标红，作者署名“Claude”。 也就是说，你看到的不是AI覆写，而是一个虚拟同事给你提交的一版修订稿。 我直接...