primeimages/iStock via Getty Images Portillo 's ( PTLO ) is one of those names that are just never easy to talk about. They put out earnings yesterday, and the market really didn 't like it. A double miss, and just like that, more than $100 million in market cap disappeared. And so, all the gains from the last time I slapped 'Buy' at Portillo's too. When I saw the headline , my first reaction was ...
primeimages/iStock via Getty Images Portillo 's ( PTLO ) is one of those names that are just never easy to talk about. They put out earnings yesterday, and the market really didn 't like it. A double miss, and just like that, more than $100 million in market cap disappeared. And so, all the gains from the last time I slapped 'Buy' at Portillo's too. When I saw the headline , my first reaction was 'eh, not that bad.' Revenue came in basically in line, and even on the bottom line, the non-GAAP EPS miss wasn't huge either at about $0.02. See, I'm not defending them. In my last piece , I laid out a pretty bumpy road ahead (cannibalization in the Sunbelt with AUVs coming down, pressure on same-store sales, and restaurant-level margins getting tighter). But the whole point of that thesis wasn't the pain—it was the idea of a ' strategic reset .' Portillo's is on the verge of becoming a positive FCF company. And since the market had already re-rated them over the past year, I figured once Berkshire Partners stepped out, things would start to settle a bit. A lot 's been said about the negatives, and fair enough, I agree with most of it. But hardly anyone 's really talking about this version of Portillo 's quarter. I saw some things popping up there. CFO Michelle Hook finally left after CEO Michael Osanloo. Both represented the rapid growth strategy of the Berkshire phase, and this likely indicates changes in capital allocation (probably the shift focused on expanding AUVs rather than opening more restaurants). They really took a break from opening restaurants, with only 8 openings projected for FY 2026 (my most conservative scenario was pinpointing ~6 openings) and are projecting 4 to 6 for FY 2027. The new CEO (although he didn't detail any more elaborate turnaround plan in that earnings call, something I'll talk about in a moment) spent much more time talking about consistency and how they need to get Chicagoland right first and foremost. Portillo's FCF for the quarter (...
Theatre Royal, York Jeremy Dyson and Andy Nyman’s story of high competition in a long family line of female stage tricksters loses its powers as it goes on Sheila Gold, supposedly Britain’s most accurate psychic, wants to be taken seriously by her new clients. “This is not theatre,” she warns them, as she lights seven candles for a seance. This is an insider joke. Theatre is exactly what it is. Co...
Theatre Royal, York Jeremy Dyson and Andy Nyman’s story of high competition in a long family line of female stage tricksters loses its powers as it goes on Sheila Gold, supposedly Britain’s most accurate psychic, wants to be taken seriously by her new clients. “This is not theatre,” she warns them, as she lights seven candles for a seance. This is an insider joke. Theatre is exactly what it is. Continue reading...
Helios Towers press release ( HTWSF ): Q1 revenue increased by 12% to US$229.2M, driven by tenancy growth, with mobile network operators continuing to expand coverage to meet growing data demands, in addition to CPI escalations and favorable foreign exchange movements. Adjusted EBITDA increased by 14% year-on-year to US$127.2M. The Group has a strong site and tenancy pipeline from investment grade...
Helios Towers press release ( HTWSF ): Q1 revenue increased by 12% to US$229.2M, driven by tenancy growth, with mobile network operators continuing to expand coverage to meet growing data demands, in addition to CPI escalations and favorable foreign exchange movements. Adjusted EBITDA increased by 14% year-on-year to US$127.2M. The Group has a strong site and tenancy pipeline from investment grade and blue-chip customers, underpinning an upgrade to FY 2026 guidance: 3,000–3,500 tenancy additions (prior: 2,000–2,500) Adjusted EBITDA of US$515M–US$530M (prior: US$510M–US$525M), with a US$5M uplift expected in FY 2026 due to timing of roll-out Recurring free cash flow of US$215M–US$230M (prior: US$210M–US$225M) Discretionary capex of US$180M–US$210M (prior: US$110M–US$140M), an uplift of US$70M for incremental tenancies Share buyback of US$51M (unchanged) Dividend of US$25M (unchanged) More on Helios Towers Helios Towers: Strong Execution Overshadowed By Higher Capex Helios Towers plc (HTWSF) Q4 2025 Earnings Call Transcript Helios Towers plc 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for Helios Towers Financial information for Helios Towers
Earnings Call Insights: Sunrun (RUN) Q1 2026 Management View "At Sunrun, we are busy rapidly ramping sales and operations to fulfill the surging customer demand we have generated for our offering," said Mary Powell (CEO & Director), adding, "In Q4, we told you we had reached an inflection point. Today, we're here to tell you that the momentum we built is holding and accelerating." Powell said Q1 i...
Earnings Call Insights: Sunrun (RUN) Q1 2026 Management View "At Sunrun, we are busy rapidly ramping sales and operations to fulfill the surging customer demand we have generated for our offering," said Mary Powell (CEO & Director), adding, "In Q4, we told you we had reached an inflection point. Today, we're here to tell you that the momentum we built is holding and accelerating." Powell said Q1 included "approximately 19,000 customers" and "our storage attachment rate increased again to 73%," while also stating "Aggregate subscriber value for Q1 was $1.1 billion, above our guidance range of $850 million to $950 million" and "Contracted net value creation was $108 million, near the high end of our guided range of $25 million to $125 million." On cash generation, Powell said, "Cash generation came in at negative $31 million when excluding equipment safe harbor investments" and attributed the result to timing, stating, "We chose to shift certain project finance transaction activity from Q1 into Q2, negatively impacting our cash generation for Q1." Danny Abajian (CFO & Principal Financial Officer) tied demand and execution to sales force growth, saying, "Our Q1 volume performance exceeded our expectations," and noted, "our active sales force has grown over 20% since the start of the year, and March saw over 30% growth in sales bookings month-on-month." Paul Dickson (President & Chief Revenue Officer) framed the go-to-market narrative around reliability and grid value, saying, "The real change in that has come from us selling a solar savings product years ago to being critical infrastructure" and added, "we've launched our stand-alone battery offering, and it's being received extremely well. We sold thousands of units." Outlook Abajian said, "We are reiterating all of our 2026 full-year guidance," and guided to "cash generation of $250 million to $450 million for the year, excluding the use of approximately $50 million to $100 million related to equipment safe harbor in...
Arm shares tumbled on Thursday after the company warned of smartphone market softness and challenges in securing supply for its new artificial intelligence chip to meet growing demand. The stock fell 5% to $225.43, with the drop set to erase more than $12 billion from the company's market valuation of $252 billion. The British chip designer's shares have more than doubled in value this year, ou...
Arm shares tumbled on Thursday after the company warned of smartphone market softness and challenges in securing supply for its new artificial intelligence chip to meet growing demand. The stock fell 5% to $225.43, with the drop set to erase more than $12 billion from the company's market valuation of $252 billion. The British chip designer's shares have more than doubled in value this year, outperforming other chip majors.
Earnings Call Insights: electroCore, Inc. (ECOR) Q1 2026 Management View "This is the first earnings call since we announced our leadership transition" (Founder and Independent Chairman Joseph Errico) said, adding that "the strategy has not changed" and that leadership believes "the focus across the organization has sharpened" while the board continues its permanent CEO search. "Michael Fox joined...
Earnings Call Insights: electroCore, Inc. (ECOR) Q1 2026 Management View "This is the first earnings call since we announced our leadership transition" (Founder and Independent Chairman Joseph Errico) said, adding that "the strategy has not changed" and that leadership believes "the focus across the organization has sharpened" while the board continues its permanent CEO search. "Michael Fox joined us as Chief Operating Officer on April 13" (Founder and Independent Chairman Errico) highlighted Fox’s federal-market background and said the company is "firmly committed to our strategy, driving growth within our covered entities" while "building a scalable direct-to-consumer channel" and "protecting our path to profitability." "A major priority is the VA and Department of Defense markets" (Chief Operating Officer Mike Fox) said, adding, "We have just scratched the surface of penetrating the addressable VA headache market" and that his focus is "moving from facility breadth to facility depth, more prescribers per site, more patients per prescriber." "We just delivered our highest revenue quarter ever, $9.6 million, up 43% year-over-year" (CFO and Interim President Joshua Lev) said, adding "Gross margin expanded to 87%" and that "adjusted EBITDA loss improved by 24% to $2.3 million" while "reaffirming our full-year 2026 revenue guidance of approximately 30% growth." Outlook "We are reaffirming our full-year 2026 revenue guidance of approximately 30% growth" (CFO and Interim President Lev) said, describing "the catalysts in front of us for 2026" as continued VA prescription growth, Truvaga efficiency gains, scaling Quell contributions, and potential TAC-STIM upside. "We are not yet ready to provide a specific quarter for breakeven" (CFO and Interim President Lev) said, but added, "that trajectory is clear, and Q1 is the strongest evidence yet." "We expect to relaunch the over-the-counter Quell relief for lower extremity pain later this year" (CFO and Interim President Lev) ...
Eversource Energy ( ES ) declares $0.7875/share quarterly dividend , in line with previous. Forward yield 4.6% Payable June 30; for shareholders of record May 18; ex-div May 18. See ES Dividend Scorecard, Yield Chart, & Dividend Growth. More on Eversource Energy Eversource Energy: Double-Digit Annual Return Potential During The Next 5 Years Shorts Won't Touch Eversource Energy, But You Should Buy ...
Eversource Energy ( ES ) declares $0.7875/share quarterly dividend , in line with previous. Forward yield 4.6% Payable June 30; for shareholders of record May 18; ex-div May 18. See ES Dividend Scorecard, Yield Chart, & Dividend Growth. More on Eversource Energy Eversource Energy: Double-Digit Annual Return Potential During The Next 5 Years Shorts Won't Touch Eversource Energy, But You Should Buy It Eversource Energy 2025 Q4 - Results - Earnings Call Presentation Eversource Energy GAAP EPS of $1.61 beats by $0.05, revenue of $4.5B beats by $170M Utilities offering the highest dividend yields amid rising market uncertainty
Fourier Data Center Solution Inc. ("Fourier"), a modular data center company focused on AI and HPC infrastructure, showcased its integrated system architecture at the 2026 Advanced Liquid Cooling Technologies Conference co-developed with Intel.
Fourier Data Center Solution Inc. ("Fourier"), a modular data center company focused on AI and HPC infrastructure, showcased its integrated system architecture at the 2026 Advanced Liquid Cooling Technologies Conference co-developed with Intel.