Darwin Brandis/iStock via Getty Images Introduction The last time I covered Cal-Maine Foods ( CALM ), I talked about the company’s strong balance sheet and ongoing expansion into prepared foods that enhances their margin stability and helps diversify their income stream through a more predictable source, reiterating their Buy rating. Following another solid quarter despite the cash flow dropping s...
Darwin Brandis/iStock via Getty Images Introduction The last time I covered Cal-Maine Foods ( CALM ), I talked about the company’s strong balance sheet and ongoing expansion into prepared foods that enhances their margin stability and helps diversify their income stream through a more predictable source, reiterating their Buy rating. Following another solid quarter despite the cash flow dropping significantly as a result of egg prices normalizing, CALM remains a Buy, backed by their excellent financials, recent acquisitions boosting their pivot, and potential to benefit from long-term consumer trends. Building On Their Strong Foundation Cal-Maine Foods IR Cal-Maine reported a strong quarter, beating the market’s revenue and EPS guidance significantly and delivering a free cash flow of $353.2 million during the first 9 months of the fiscal year, which is about half of the level from a year ago, being explained by the significant drop in egg prices, further normalizing from the jump caused by bird flu outbreaks in recent years. Cal-Maine Foods IR Meanwhile, CALM recently announced a $128.5 million acquisition to further develop their shell egg, egg and prepared foods platform. The fact that this was funded through the cash available on the balance sheet goes to show the kind of advantage the company’s strong balance sheet offers, as the company doesn’t have to rely on (or worry about) expensive debt and is in a very comfortable position to take advantage of opportunities using the cash. This comes as their specialty eggs segment grew to 50.5% during Q3’FY26 of total shell egg sales and prepared foods grew to 9.5% of net sales, with these two now accounting for 52.9% of net sales, building their future higher-margin engine. This is the result of the company utilizing the influx of capital from the recent spike in eggs prices to significantly improve their balance sheet and strengthen their operations, and I believe the management took the right steps so far. Cal-Maine ...
INOVIO Pharmaceuticals ( INO ) plans to sell common shares and accompanying Series A warrants and Series B warrants (or pre-funded warrants to purchase its common stock in lieu thereof), in an underwritten public offering . The company will also give underwriters a 30-day option to buy up to 15% more shares and warrants. The offering is subject to market conditions, and its size and timing are not...
INOVIO Pharmaceuticals ( INO ) plans to sell common shares and accompanying Series A warrants and Series B warrants (or pre-funded warrants to purchase its common stock in lieu thereof), in an underwritten public offering . The company will also give underwriters a 30-day option to buy up to 15% more shares and warrants. The offering is subject to market conditions, and its size and timing are not yet finalized. More on Inovio Pharmaceuticals Inovio Pharmaceuticals, Inc. 2025 Q4 - Results - Earnings Call Presentation Inovio Pharmaceuticals, Inc. (INO) Q4 2025 Earnings Call Transcript Inovio Pharmaceuticals, Inc. (INO) Presents at The Citizens Life Sciences Conference 2026 Transcript Inovio targets October 30 PDUFA date for INO-3107 approval while extending cash runway into Q4 2026 Inovio Pharmaceuticals Q4 2025 Earnings Preview
More than 200 years after being sunk by Admiral Horatio Nelson and the British fleet, a Danish warship has been discovered on the seabed of Copenhagen Harbour by marine archaeologists. Working in thick sediment and almost zero visibility 15 metres (49 feet) beneath the waves, divers have been working against the clock to unearth the 19th century wreck of the Dannebroge before it becomes a construc...
More than 200 years after being sunk by Admiral Horatio Nelson and the British fleet, a Danish warship has been discovered on the seabed of Copenhagen Harbour by marine archaeologists. Working in thick sediment and almost zero visibility 15 metres (49 feet) beneath the waves, divers have been working against the clock to unearth the 19th century wreck of the Dannebroge before it becomes a construction site in a new housing district being built off the Danish coast. Denmark’s Viking Ship Museum,...