(RTTNews) - Indian shares were fluctuating on Thursday after posting strong gains in the previous session following reports that the U.S. and Iran are close to reaching a deal to end their conflict.
(RTTNews) - Indian shares were fluctuating on Thursday after posting strong gains in the previous session following reports that the U.S. and Iran are close to reaching a deal to end their conflict.
Earnings Call Insights: Envista Holdings Corporation (NVST) Q1 2026 Management View “Q1 was a good start to 2026 for Envista, extending momentum we built across 2024 and '25,” and “we posted 9.5% core growth in Q1,” with “ortho consumables and diagnostics…all up double digits and implants…up mid-single digits, excluding China” (CEO & Director Paul Keel). “We also completed an accretive tuck-in acq...
Earnings Call Insights: Envista Holdings Corporation (NVST) Q1 2026 Management View “Q1 was a good start to 2026 for Envista, extending momentum we built across 2024 and '25,” and “we posted 9.5% core growth in Q1,” with “ortho consumables and diagnostics…all up double digits and implants…up mid-single digits, excluding China” (CEO & Director Paul Keel). “We also completed an accretive tuck-in acquisition in our implants platform,” adding that Versah’s “patent-protected solution” in osseodensification “integrates seamlessly into our existing clinical education and go-to-market strength,” and “the acquisition is expected to be accretive to Envista in terms of growth, margin, EPS and valuation multiple” (CEO & Director Keel). “This in turn gives us confidence in extending the share repurchase program…Our board recently authorized an incremental $300 million addition to the program,” and “our continued momentum and strong start to the year give us confidence in reaffirming the 2026 guidance that we issued on our Q4 2025 call” (CEO & Director Keel). “In the first quarter, we delivered sales of $706 million,” “adjusted gross margin was 55.8%,” “adjusted EBITDA…margins for the quarter of 14%,” and “adjusted EPS in the quarter was $0.36” (Senior VP & CFO Eric Hammes). Outlook “We are reaffirming our 2026 guidance range of 2% to 4% core growth, 7% to 13% adjusted EBITDA growth, EPS of $1.35 to $1.45 and approximately 100% free cash flow conversion” (Senior VP & CFO Hammes). “You have to balance…a pretty good track record now of consistent performance” against “the frequency and amplitude of the geopolitical shifts,” and “reaffirming 2026 guidance is the most appropriate outlook to provide at this point” (CEO & Director Keel). “We expect a similar negative impact year-over-year from 4 fewer billing days in Q4 2026,” and “we expect quarterly tariff costs to be similar going forward in 2026 with the new global tariffs effectively replacing the prior IEEPA tariffs” (Senior VP &...
peshkov/iStock via Getty Images Though the S&P 500 continues to stretch to new all-time highs seemingly every day in the wake of lingering geopolitical and macroeconomic headwinds, large swaths of the software sector still remain in deep bear market territory. Investors have sold off software stocks in droves to reallocate capital to hardware names, particularly the semiconductor/chip stocks that ...
peshkov/iStock via Getty Images Though the S&P 500 continues to stretch to new all-time highs seemingly every day in the wake of lingering geopolitical and macroeconomic headwinds, large swaths of the software sector still remain in deep bear market territory. Investors have sold off software stocks in droves to reallocate capital to hardware names, particularly the semiconductor/chip stocks that are directly supplying the data center boom. But amid the wholesale re-rating of the software sector, deep bargains abound even if there is greater execution risk now. Klaviyo ( KVYO ), a CRM and email marketing company, recently plummeted more than 30% despite reporting a Q1 beat and raise. Over the past year, the stock has lost roughly half of its value, shaving off ~$5 billion in market cap. The question for investors now is: How much truth is there in the "SaaSpocalypse" narrative specifically pertaining to this company, and can it rebound? Data by YCharts I last wrote a "Buy" article on Klaviyo in February, when the stock was trading in the high teens. The company attempted a rebound alongside the broader markets in April, but the post-Q1 crash has now positioned the company at multi-year lows. I'll be blunt: though I'm certainly disappointed in the performance in this stock and though my "B uy" call was definitely premature, I see no red flags in the company's performance that justify the rampant fears in this name. I'm reiterating my "Buy" rating on this name. There are two factors to consider that justify a "B uy" on this name and that help to dispel the narrative of fear that clouds this stock. The first, and the major elephant in the room, is the company's conservative guidance for Q2. Q1 was a "beat and raise": the company boosted its full-year FY26 growth expectations to $1.51-$1.52 billion in revenue, or 23% growth (from a 22% midpoint previously). But where investors honed in on was the implied deceleration to 23%-24% revenue growth in Q2, which would mark fou...
Earnings Call Insights: Zevia PBC (ZVIA) Q1 2026 Management view "We're off to a strong start to the year with record sales growth of 21% and adjusted EBITDA of approximately $1 million, both exceeding our expectations for the quarter." (CEO, President & Director Amy Taylor) "In March, we announced Zevia's biggest marketing news to date, a partnership with Grammy and Billboard Music award-winning ...
Earnings Call Insights: Zevia PBC (ZVIA) Q1 2026 Management view "We're off to a strong start to the year with record sales growth of 21% and adjusted EBITDA of approximately $1 million, both exceeding our expectations for the quarter." (CEO, President & Director Amy Taylor) "In March, we announced Zevia's biggest marketing news to date, a partnership with Grammy and Billboard Music award-winning artist, Cardi B." (CEO, President & Director Amy Taylor) "The partnership announcement alone generated 152 million editorial impressions in just the first week." (CEO, President & Director Taylor) "While still early, initial reads show that our new items are outperforming medium velocities for our broader portfolio." (CEO, President & Director Amy Taylor) "At two top national retailers, for example, these items are driving incrementality of 38% and 53%, respectively." (CEO, President & Director Taylor) "In the first quarter, we executed a successful national Costco rotation, broadening our reach to new consumers in emerging markets where we see potential for year-round distribution or additional rotations." (CEO, President & Director Amy Taylor) "Kroger has expanded our in-store distribution, adding incremental flavors and boosting Zevia's visibility." (CEO, President & Director Taylor) "For the first quarter, net sales grew 21.2% to $46.1 million." (EVP, CFO & Principal Accounting Officer Girish Satya) "Gross margin was 48.4%, a 170 basis point decline from a record high of 50.1% in the first quarter of last year." (EVP, CFO & Principal Accounting Officer Satya) Outlook "We are raising our full year net sales guidance to between $170 million to $175 million, reflecting 7% growth at the midpoint of the range." (EVP, CFO & Principal Accounting Officer Girish Satya) "As a reminder, our net sales outlook reflects the planned discontinuation of our tea line, which we expect to impact growth by 1-point to 1.5 points." (EVP, CFO & Principal Accounting Officer Satya) "We now expec...
Earnings Call Insights: Hudson Technologies (HDSN) Q1 2026 Management View "The first quarter is typically slow for our industry. But for Hudson, it was about executing on the operational and organizational progress we need to create the foundation for healthy, diversified growth in the years ahead," said (President, CEO & Chairman of the Board Kenneth Gaglione), pointing to "launching our ERP sys...
Earnings Call Insights: Hudson Technologies (HDSN) Q1 2026 Management View "The first quarter is typically slow for our industry. But for Hudson, it was about executing on the operational and organizational progress we need to create the foundation for healthy, diversified growth in the years ahead," said (President, CEO & Chairman of the Board Kenneth Gaglione), pointing to "launching our ERP system" and "the signing of a license agreement for the reclamation and resale of our next-generation refrigerants." "We kicked off the 2026 selling season with revenue growth of 9% to $60.2 million," (CEO Gaglione) said, attributing the start to "strong sales volume and firming HFC prices" as well as "unseasonably warm temperatures" and "some uncertainty in global supply lines driving demand." "The ERP system is now integrated and functional," (CEO Gaglione) said, adding, "while we do expect to continue optimizing it for most of this year, we do not expect any major disruptions." "We also restructured the management team," (CEO Gaglione) said, including "the promotion of Rob Stoody to Senior Vice President of Operations" and moving "Kirk Reimer" into "Vice President of Sales & Marketing" with "a renewed emphasis on building our core marketing organization and supporting focused growth in the services component of our business." "Regarding the status of our rescinded DLA contract, Hudson continues to support DLA," (CEO Gaglione) said. "We cannot predict the outcome, but we remain confident in our successful track record servicing the DLA and expect a favorable outcome when the analysis is complete." "We recorded net income of $300,000 or $0.01 per diluted share," said (CFO & Secretary Brian Bertaux), and added, "the company's unlevered balance sheet remains strong at March 31, 2026, with $19 million of cash." Outlook "We are still sticking with our overall guidance of, say, mid-25s for margin overall," (CEO Gaglione) said, framing Q1 margin as "a low point for the year" with a...
Inkpen, Berkshire: There is far less birdsong now than in Lillian Watts’s day, but it is down to her that there is any at all Lillian Watts’s bench has fallen into disrepair, so instead I sit on Arthur’s Seat on the common. Warmth rises from the heath, even on this chilly spring morning, and a lizard creates curvaceous lines under the dry, still-dormant heather. It is both Lillian’s and my birthda...
Inkpen, Berkshire: There is far less birdsong now than in Lillian Watts’s day, but it is down to her that there is any at all Lillian Watts’s bench has fallen into disrepair, so instead I sit on Arthur’s Seat on the common. Warmth rises from the heath, even on this chilly spring morning, and a lizard creates curvaceous lines under the dry, still-dormant heather. It is both Lillian’s and my birthday, though she died in 1989, aged 93. I play a recording of her from 1975, from the village’s history society. Poet, potter, English teacher, naturalist and formidable campaigner, she, along with villagers such as Arthur Cooke (1898-1980), saved this place from development. Lillian’s voice is measured, soft and annunciated, with the clipped vowels of her time. Continue reading...
Recent share performance and business mix Tencent Holdings (SEHK:700) has seen its share price under pressure recently, with the stock showing negative returns over the past week, month and past 3 months, which may prompt investors to reassess the business. At a last close of HK$463.00, the company’s market value stands at about HK$4.18b, supported by annual revenue of HK$751.77b and net income of...
Recent share performance and business mix Tencent Holdings (SEHK:700) has seen its share price under pressure recently, with the stock showing negative returns over the past week, month and past 3 months, which may prompt investors to reassess the business. At a last close of HK$463.00, the company’s market value stands at about HK$4.18b, supported by annual revenue of HK$751.77b and net income of HK$224.84b, according to the latest available figures. Tencent’s value-added services segment...
Getty Images After Tempus AI, Inc. ( TEM ) reported Q4 earnings back in late February, I expressed my view that investors should have bought the dip as I reiterated my bullish view. In that analysis I found robust testing stats as well as a positive adjusted EBITDA figure, and so I viewed the contraction in the valuation as a prime entry opportunity. Since then, my buy rating hasn't worked particu...
Getty Images After Tempus AI, Inc. ( TEM ) reported Q4 earnings back in late February, I expressed my view that investors should have bought the dip as I reiterated my bullish view. In that analysis I found robust testing stats as well as a positive adjusted EBITDA figure, and so I viewed the contraction in the valuation as a prime entry opportunity. Since then, my buy rating hasn't worked particularly well, especially after the declines on the current trading day (May 6th). Tempus AI reported their Q1 earnings just yesterday, and so it seems that the stock is reacting to these results. Today, I have decided to provide an update to see whether the bull thesis is still intact or not. Seeking Alpha Below, it is shown that Tempus AI has a large long-term opportunity ahead of them. For Q1 specifically, testing numbers were slightly mixed as a result of some temporary weakness in Hereditary. Meanwhile, the financials were also somewhat mixed as top line growth decelerated but losses narrowed. While near term guidance remains a little disappointing, Tempus AI still seems well positioned, as they have a sizable TCV as well as an impressive revenue retention rate. With the valuation even lower than where it was in my previous article, I continue to hold a bullish view on the stock despite some imperfect current fundamentals. Reach is Impressive Tempus AI Q1 Presentation Tempus AI is really still a very young company that was started just over a decade ago, and so it's quite impressive how great their reach is already. As you can see on the right , they have more than 500 petabytes of data, and as you know, data drives intelligence. Adoption has also been strong, with both academic medical centers and current oncologists using their data to ultimately create better diagnoses and treatment for patients. Just in late April, the company and USC announced a collaboration to "accelerate AI-driven precision medicine." The fact that adoption numbers have been so strong shows that T...
Helmerich & Payne press release ( HP ): Q2 Non-GAAP EPS of -$0.38 misses by $0.34 . Revenue of $932.36M (-8.6% Y/Y) misses by $16.33M . Consolidated adjusted EBITDA totaled $178 million. Operational Outlook for the Third Quarter of Fiscal Year 2026 The guidance below represents our expectations as of the date of this release. Guidance 3Q’26 FY’26 North America Solutions Direct Margin ($M) 1 $230 -...
Helmerich & Payne press release ( HP ): Q2 Non-GAAP EPS of -$0.38 misses by $0.34 . Revenue of $932.36M (-8.6% Y/Y) misses by $16.33M . Consolidated adjusted EBITDA totaled $178 million. Operational Outlook for the Third Quarter of Fiscal Year 2026 The guidance below represents our expectations as of the date of this release. Guidance 3Q’26 FY’26 North America Solutions Direct Margin ($M) 1 $230 - $240 Average Rigs 137 - 143 138 - 144 International Solutions Direct Margin ($M) 1 $12 - $32 Average Rigs 5 58 – 68 58 – 68 Offshore Solutions Direct Margin ($M) 1 $24 - $28 $100 - $115 Average Rigs / Mgmt. Cont. 30 - 35 30 - 35 Other Direct Margin ($M)1 $0 - $3 Click to enlarge Guidance FY'26 Gross Capital Expenditures ($M) $270 - $310 Depreciation ~$700 Research and Development ~$28 Selling, General & Administrative $265 - $285 Cash Taxes $125 - $150 Interest Expense ~$100 Click to enlarge More on Helmerich & Payne Helmerich & Payne Remains Fairly Valued, Middle East Tension Can Support It Helmerich & Payne: Not Time To Dive In Quite Yet Helmerich & Payne Q2 2026 Earnings Preview Helmerich & Payne JV scores Caspian offshore deal that could top $1B Seeking Alpha’s Quant Rating on Helmerich & Payne
在过去十年，中国商业地产经历了一轮剧烈的范式转移。从以坪效为核心的购物中心时代，到强调“内容运营”的综合体阶段，再到今天，越来越多开发商开始意识到—— 商业地产不再是空间的生意，而是时间与体验的生意。 消费者的行为正在发生结构性变化。他们不再只是去买东西，而是寻找一种可以停留、参与和分享，甚至表达自我的场景。与此同时，一线城市核心区域趋于饱和，传统CBD逐渐显现出单一功能的局限，这些地方既有高密度，也有高效率，但同时也带给人低松弛感。 在这样的背景下，新的城市空间模型出现了。它们既不是传统意义上的商业中心，也不是单一功能的商务区，而是一种试图整合工作、生活、文化与自然的“复合型城市单元”。徐汇滨江，正是在这一周期中逐渐成形的样本。 从工业棕地到文化地标，这片区域在过去十余年完成了城市更新的第一阶段，引入美术馆、艺术中心、公共滨水空间，形成上海地区知名的文化基础设施。如今，随着商业与居住体系的逐步补全，它开始进入第二阶段：从一个文化目的地，转向成为城市居民和游客喜爱的可持续的生活系统。 刚刚开幕的西岸中環，正是这一转变的核心节点。上海西岸中環行政总裁关仕荣（Stuart Grant）认为，西岸中環所提倡的“Enjoy Life”这一理念背后，其真实含义并不是口号，而是一套由空间、内容与运营共同作用所带来的结果。它所尝试的，是另一种城市逻辑——不是更快，而是更可持续。 自然方面，西岸中環拥有1.4公里的滨水岸线，这一得天独厚的自然资源在开发中得到了进一步利用。作为香港置地在上海最重要的项目之一，西岸中環并未沿用传统商业地产的开发逻辑，而是试图回答一个更宏观的问题： 在一个已经高度成熟的城市中，我们是否还能重新“设计”一种新的生活方式？ Yi ：YiMagazine G ：上海西岸中環行政总裁关仕荣（Stuart Grant） Yi ：你曾在黑石集团管理庞大投资组合，现在转向操盘西岸中環这一超长周期持有型项目。这种从专注资本效率到运营的转变，带给你最大的感悟和收获是什么？ G ： 没错，我在黑石工作了超过18年，已经做到了合伙人。黑石既是全球最优秀的房地产投资机构之一，也是顶级的资产管理公司之一。我的职责主要是资产管理，也就是通过提升、出租、再开发和重新定位等方式，为资产创造价值。所以从背景上来说，我一直在做“运营”。转到香港置地，其实是一个非常自然的过程。我已经习惯管理...
imaginima/iStock via Getty Images PayPal ( PYPL ) is benefiting from robust momentum in its core payments business, with its U.S. total payment volume/TPV growing at double-digits year-over-year in the first fiscal quarter. PayPal, as a result, exceeded consensus estimates for the bottom and the top lines, and the Fintech revealed a strong margin picture as well. PayPal also confirmed its outlook ...
imaginima/iStock via Getty Images PayPal ( PYPL ) is benefiting from robust momentum in its core payments business, with its U.S. total payment volume/TPV growing at double-digits year-over-year in the first fiscal quarter. PayPal, as a result, exceeded consensus estimates for the bottom and the top lines, and the Fintech revealed a strong margin picture as well. PayPal also confirmed its outlook for FY 2026 free cash flow and EPS amid strong growth in Venmo-branded product offers as well as positive account expansion. I like PayPal, chiefly because of its low valuation based off of earnings, and don't believe shares should have sold off 8% after the Q1'26 earnings report. If PayPal can continue to grow its account base and sustain its U.S. TPV growth, I see an upside revaluation case for the Fintech to ~$64 per-share, implying up to 36% re-pricing potential. Data by YCharts Previous rating I rated shares of PayPal a 'Strong Buy' in February and all the way throughout 2025 -- Now Is The Time To Go All In -- because the Fintech convinces with a strong recurring free cash flow position, a shareholder-friendly capital return plan (high stock buybacks), as well as a continuous momentum in its core payment offers, such as Venmo. I believe PayPal trades significantly below fair value, despite the Fintech platform being able to grow its accounts and posting strong margins overall, in terms of both operating income and free cash flow. While PayPal's Fintech competitors may grow more quickly, PayPal is a more mature, lower-risk bet on the Fintech market. I like PayPal's platform profitability and stock buybacks and believe investors have turned too bearish on the Fintech enterprise. PayPal crushed estimates amid Venmo momentum PayPal published better-than-expected results on both the bottom and the top line for the fourth fiscal quarter: the Fintech generated $1.34 per-share in normalized earnings compared to a consensus estimate of $1.27 per share. PayPal beat on revenues a...
Essential Utilities press release ( WTRG ): Q1 Non-GAAP EPS of $0.83 misses by $0.04 . Revenue of $861.8M (+10.0% Y/Y) beats by $78.9M . Financial and Growth Guidance The Company’s latest expectations are the following: Anticipated growth in long-term earnings per share at a compound annual growth rate of 5% to 7% from the adjusted 2024 earnings per share of $1.97 (non-GAAP) for the three-year per...
Essential Utilities press release ( WTRG ): Q1 Non-GAAP EPS of $0.83 misses by $0.04 . Revenue of $861.8M (+10.0% Y/Y) beats by $78.9M . Financial and Growth Guidance The Company’s latest expectations are the following: Anticipated growth in long-term earnings per share at a compound annual growth rate of 5% to 7% from the adjusted 2024 earnings per share of $1.97 (non-GAAP) for the three-year period through 2027. In 2026, regulated infrastructure investments are expected to be $1.7 billion. Multiyear plan to ensure that finished water does not exceed the federal maximum contaminant level of the six EPA-regulated PFAS chemicals. More on Essential Utilities Essential Utilities: Not Too Late To Buy Now Essential Utilities, Inc. 2025 Q4 - Results - Earnings Call Presentation Essential Utilities, Inc. (WTRG) Q4 2025 Earnings Call Transcript Essential Utilities Q1 2026 Earnings Preview Western states look to desalination deals as Colorado River crisis deepens: WSJ
Skyroot Aerospace Pvt. has become India’s first space-tech unicorn after securing $60 million in fresh funding from GIC Pte and Sherpalo Ventures , lifting its valuation to $1.1 billion. The round also saw participation from funds managed by BlackRock Inc. , taking Skyroot’s total capital raised to $160 million, the company said in a statement Thursday. The investment arrives at a pivotal moment. ...
Skyroot Aerospace Pvt. has become India’s first space-tech unicorn after securing $60 million in fresh funding from GIC Pte and Sherpalo Ventures , lifting its valuation to $1.1 billion. The round also saw participation from funds managed by BlackRock Inc. , taking Skyroot’s total capital raised to $160 million, the company said in a statement Thursday. The investment arrives at a pivotal moment. Skyroot is preparing the maiden flight of Vikram-1, set to be India’s first privately designed and developed orbital rocket. The funds will be used for launch operations, expand manufacturing capacity and accelerate development of the more capable Vikram-2, the company said. The deal will help add global expertise to Skyroot’s bench, by bringing in Ram Shriram — founder of Sherpalo Ventures and an early Google backer — to its board. Skyroot’s rise mirrors a broader transformation in India’s space sector. What was once a government-dominated domain is rapidly evolving into a high-growth, dual-use ecosystem for civilian and military purposes. The number of space startups has surged from just one in 2014 to more than 300 by early 2026, positioning private companies as central to India’s ambition of capturing 8% of the global space market by 2035. The shift comes as the Indian Space Research Organisation faces renewed pressure after a second consecutive orbital launch failure in early 2026. At the same time, India’s security agencies are increasingly turning to private players to build so-called bodyguard satellites and other defensive space assets amid heightened geopolitical tensions. India plans to launch over 50 spy satellites and add night-time imaging systems to enhance its national security capabilities, with help from domestic startups.