Earnings Call Insights: Lionsgate Studios (LION) Q4 fiscal 2026 Management View CEO Jon Feltheimer said the quarter was “indicative of our earnings power, paving the way for outsized growth in fiscal '27 and '28,” while reiterating that after the Lionsgate/Starz separation “the market's response confirms that a focused content-driven Lionsgate is the right structure for unlocking value.” Feltheime...
Earnings Call Insights: Lionsgate Studios (LION) Q4 fiscal 2026 Management View CEO Jon Feltheimer said the quarter was “indicative of our earnings power, paving the way for outsized growth in fiscal '27 and '28,” while reiterating that after the Lionsgate/Starz separation “the market's response confirms that a focused content-driven Lionsgate is the right structure for unlocking value.” Feltheimer emphasized pipeline and franchise mix, stating, “Over the next 2 to 3 years, over half of our film, television and live entertainment slates will be comprised of branded, repeatable intellectual properties that we own or control,” and adding that the company “secured renewals for 12 of our 13 scripted series,” with TV positioned to “nearly double the number of episodic deliveries from fiscal '26 to fiscal '27.” Feltheimer highlighted film performance and visibility, saying that after the quarter Lionsgate opened Michael and “with Japan still to open, Michael is on track to become our first movie grossing over $1 billion at the worldwide box office.” He also said Lionsgate is “excited to begin production later this year on The Housemaid Secret… for a December 17, 2027 release.” Quote (Chief Financial Officer James Barge) “Lionsgate Studios revenue was expectedly down year-over-year to $907 million, while adjusted OIBDA reached a 12-year high of $165 million and was up 17% year-over-year.” Outlook Management did not provide numeric revenue or EPS guidance; instead, (Chief Financial Officer Barge) said, “We now have enhanced visibility and continue to expect significant adjusted OIBDA growth in fiscal 2027,” and added that this improvement “is expected to result in substantial growth in free cash flow and a continuation of significant deleveraging over the course of the year.” On the timing of fiscal 2027 profit, (Chief Financial Officer Barge) said it is “not as back-end loaded as it was… fiscal '26,” while “TV is a little bit more back-end loaded this year than Motion Pict...
"London mayor blocks Met's AI deal" is the Guardian's lead, reporting that "controversial US tech company Palantir has been blocked by Sadiq Khan", in a deal billed at £50m to use AI tech "to automate intelligence analysis in criminal investigations". According to the paper, "the mayor's office said there had been a "clear and serious breach" of procurement" while Scotland Yard says the move is "d...
"London mayor blocks Met's AI deal" is the Guardian's lead, reporting that "controversial US tech company Palantir has been blocked by Sadiq Khan", in a deal billed at £50m to use AI tech "to automate intelligence analysis in criminal investigations". According to the paper, "the mayor's office said there had been a "clear and serious breach" of procurement" while Scotland Yard says the move is "disappointing". Photographs showing Aston Villa's celebrations also fill the front page, with the paper writing "paint the town claret" as "Birmingham welcomes back victorious Villa" following their Europa League win.
Earnings Call Insights: Zoom Communications, Inc. (ZM) Q1 FY 2027 Management View Zoom said FY 2027 began with acceleration and tied it to its AI and platform strategy: "Q1 revenue grew 5.5%, exceeding the high end of our guidance and among our best growth rates in recent years" (Founder, President, CEO & Chairman Eric Yuan). Management highlighted a key leadership hire aimed at product and AI exe...
Earnings Call Insights: Zoom Communications, Inc. (ZM) Q1 FY 2027 Management View Zoom said FY 2027 began with acceleration and tied it to its AI and platform strategy: "Q1 revenue grew 5.5%, exceeding the high end of our guidance and among our best growth rates in recent years" (Founder, President, CEO & Chairman Eric Yuan). Management highlighted a key leadership hire aimed at product and AI execution: "we appointed Russell Dicker as Chief Product Officer" (CEO Yuan), adding that the company intends for him to "help drive our AI-first road map" (CEO Yuan). Zoom emphasized AI feature adoption as a leading indicator of monetization opportunity: "paid MAUs growing 184% year-over-year" and "My Notes has quickly emerged as a breakout product, surpassing 1.5 million monthly active users" (CEO Yuan). Zoom framed enterprise wins as multiproduct and displacement-driven: "in Q1, 15 of our top 20 wins included Zoom Workplace or Zoom Phone" and cited "a 7-figure ARR deal displacing Teams and Cisco calling" (CEO Yuan). Zoom positioned Contact Center and Virtual Agent as growth drivers: "Zoom customer experience continued to accelerate in Q1 with high double-digit growth driven by paid AI in 9 of the top 10 ZCX deals" (CEO Yuan). The company’s capital return stance shifted with a new authorization: "our Board has authorized an incremental $1 billion share repurchase" (Chief Financial Officer Michelle Chang). Outlook Zoom guided Q2 revenue of $1.265 billion to $1.27 billion and non-GAAP EPS of $1.45 to $1.47, alongside non-GAAP operating income of $508 million to $513 million (CFO Chang). For FY 2027, Zoom raised guidance: revenue of $5.08 billion to $5.09 billion, non-GAAP operating income of $2.065 billion to $2.075 billion, and non-GAAP EPS of $5.96 to $6 (CFO Chang). Management reiterated cash generation expectations: "We continue to expect free cash flows for FY '27 to be in the range of $1.7 billion to $1.74 billion" (CFO Chang). Compared with the prior quarter’s call, the...
da-kuk/E+ via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Renaissance Technologies US stock portfolio on a quarterly basis. It is based on their 13F Form filed on 05/14/2026. Please check out our last article for the changes made during Q4 2025. This quarter, Renaissance Technologies 13F portfolio value remained steady at ~$64B. The portfo...
da-kuk/E+ via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Renaissance Technologies US stock portfolio on a quarterly basis. It is based on their 13F Form filed on 05/14/2026. Please check out our last article for the changes made during Q4 2025. This quarter, Renaissance Technologies 13F portfolio value remained steady at ~$64B. The portfolio typically has over 3000 positions. Only 29 stakes are significantly large (more than ~0.5% of the portfolio), and they are the focus of this article. The largest five stakes are United Therapeutics, Apple, Kinross Gold, and Micron Technology. Together, they account for ~7% of the total portfolio value. Note: Jim Simons founded Renaissance Technologies (aka RenTec) in 1978. RenTec is debatably the world's best-performing hedge fund and is classified as a high-frequency quantitative trading firm. That focus limits the utility of quarter-over-quarter 13F comparisons for most of their reported positions—typically very small stakes that are part of their high-frequency short-term books. However, analyzing the top positions can offer valuable insights into their broader strategy. If you are curious about high-frequency trading, check out the Wiley Finance classic " Inside the Black Box: A Simple Guide to Quantitative and High-Frequency Trading. " New Stakes: Apple Inc. ( AAPL ): AAPL is a top-three 1.22% of the portfolio position established this quarter at prices between ~$243 and ~$281. The stock currently trades above that range at ~$305. Stake Disposals: Ford Motor ( F ): The 0.50% Ford stake saw a ~125% increase during Q2 2025 at prices between $8.44 and $10. There was a ~20% selling during the next quarter at prices between $10.68 and $12.32. That was followed by a ~30% reduction during the last quarter at prices between $11.34 and $14. The disposal this quarter was at prices between ~$11.10 and ~$14.80. The stock is now at $13.67. Procter & Gamble ( PG ): PG was 0.66% ...
Nidec Corp. ’s recent financial performance is being bolstered by its data-center business, despite quality control and accounting problems at the supplier of electric motors, Chief Executive Officer Mitsuya Kishida said. Demand is particularly strong for products used in emergency power supplies for data centers, Kishida told Bloomberg Television in an interview. The Kyoto-based company is workin...
Nidec Corp. ’s recent financial performance is being bolstered by its data-center business, despite quality control and accounting problems at the supplier of electric motors, Chief Executive Officer Mitsuya Kishida said. Demand is particularly strong for products used in emergency power supplies for data centers, Kishida told Bloomberg Television in an interview. The Kyoto-based company is working flat out to meet demand and is moving ahead with plans to build factories in the US, China and India, he added. Nidec shares were battered earlier this month after the manufacturer disclosed that changes were made to product materials, processes and designs without customer approval, many involving parts used in household appliances. While the stock has since regained much of its decline, challenges remain for Nidec, notably its accounting irregularities and the exit of its charismatic founder. The company’s investigation into the accounting issues is proceeding as expected, Kishida said, adding that he’s determined to make every effort to resolve the problems. Nidec said last week that no quality issues that immediately affect product functionality or safety have been identified. “Regaining trust is our top priority,” Kishida said. Nidec has been embroiled in turmoil since numerous cases of improper bookkeeping surfaced last year at subsidiaries in Italy, Switzerland and China, as well as within its core automotive electric-motor inverter business. The motor maker’s stock has been removed from the Nikkei 225 and Topix indexes, and the Tokyo Stock Exchange has said it may delist the company if it can’t show an improvement in its internal management.