This photo shows a view of LyondellBasell refinery near the Houston Ship Channel, part of the Port of Houston, on April 29, 2026. Ronaldo Schemidt | AFP | Getty Images Oil prices fell on Wednesday after President Donald Trump said the U.S. would pause its naval escort effort in the Strait of Hormuz, raising hopes of a potential deal with Iran. Futures for international benchmark Brent crude for Ju...
This photo shows a view of LyondellBasell refinery near the Houston Ship Channel, part of the Port of Houston, on April 29, 2026. Ronaldo Schemidt | AFP | Getty Images Oil prices fell on Wednesday after President Donald Trump said the U.S. would pause its naval escort effort in the Strait of Hormuz, raising hopes of a potential deal with Iran. Futures for international benchmark Brent crude for July delivery slid 1.21% to $108.54 per barrel Tuesday, while U.S. West Texas Intermediate futures lost 1.76% to $100.5 per barrel. Trump on Tuesday announced in a Truth Social post that the U.S. would temporarily halt "Project Freedom," a military effort launched just a day earlier to escort commercial vessels through the Strait of Hormuz, citing progress in negotiations with Iran toward a final agreement. The Trump administration said roughly 23,000 seafarers across vessels from 87 countries have been stranded in the Persian Gulf following Iran's effective shutdown of the strait. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Singapore Airlines Ltd. postponed the launch of upgraded first and business class seats on its Airbus SE A350-900 fleet to the first quarter of 2027, the Straits Times reported Tuesday. The delay from the second quarter of this year stems from supply chain constraints and certification issues affecting one of the seats, a spokesperson for the national carrier told ST. The seats are part of a S$1.1...
Singapore Airlines Ltd. postponed the launch of upgraded first and business class seats on its Airbus SE A350-900 fleet to the first quarter of 2027, the Straits Times reported Tuesday. The delay from the second quarter of this year stems from supply chain constraints and certification issues affecting one of the seats, a spokesperson for the national carrier told ST. The seats are part of a S$1.1 billion ($864 million) planned refurbishment covering 41 A350 Airbus aircrafts, the newspaper said.
Earnings Call Insights: TransMedics Group, Inc. (TMDX) Q1 2026 Management View "2026 is a critical and transformational year" as TransMedics invests across multiple initiatives, including ENHANCE heart and DENOVO lung trials, completing OCS Kidney development on the Gen 3.0 platform, upgrading existing OCS systems to Gen 3.0, launching the CHOPS cold-preservation system, and replicating the NOP se...
Earnings Call Insights: TransMedics Group, Inc. (TMDX) Q1 2026 Management View "2026 is a critical and transformational year" as TransMedics invests across multiple initiatives, including ENHANCE heart and DENOVO lung trials, completing OCS Kidney development on the Gen 3.0 platform, upgrading existing OCS systems to Gen 3.0, launching the CHOPS cold-preservation system, and replicating the NOP service model in Europe (Founder, President, CEO & Director Waleed Hassanein). Hassanein said the company is making a "strategic and proactive decision" to invest, and "we fully expect that our financial performance over the next several quarters will reflect these necessary investments in people, infrastructure and technology development" (President Hassanein). Q1 included the unveiling of CHOPS, which Hassanein said "will be an FDA-registered and regulated organ preservation device" and "will serve as the control arm of the ENHANCE and DENOVO programs once the IDE supplement is approved," with the company planning to file the IDE supplement "within the next few weeks" and expecting it "to be approved and implemented in early Q3 2026" (President Hassanein). "Q1 also marked the beginning of an accelerated phase of investment and execution" and the company is introducing non-GAAP measures in 2026 due to "certain discrete expenses" including "strategic initiatives, corporate development activities, headquarter relocation and the implementation of our new ERP" (CFO & Treasurer Gerardo Hernandez). Outlook Full-year 2026 revenue guidance was reiterated at $727 million to $757 million, and management said it "may revisit the guidance later in the year as we gain more visibility on the pace of ENHANCE and DENOVO enrollment and other dynamics in the U.S. transplant ecosystem" (President Hassanein). Management reiterated its long-term gross margin profile "around the 60%" while noting "some near-term pressure" from investing ahead of growth and geographic expansion (CFO Hernandez). On...
Earnings Call Insights: DHI Group (DHX) Q1 2026 Management View "This quarter reflects a company executing well against a clear strategy with strong momentum in ClearanceJobs and encouragingly early progress across our strategic initiatives." (President, CEO & Director Art Zeile) "In the first quarter, we achieved revenue growth of 5% and bookings growth of 7% year-over-year" at ClearanceJobs, and...
Earnings Call Insights: DHI Group (DHX) Q1 2026 Management View "This quarter reflects a company executing well against a clear strategy with strong momentum in ClearanceJobs and encouragingly early progress across our strategic initiatives." (President, CEO & Director Art Zeile) "In the first quarter, we achieved revenue growth of 5% and bookings growth of 7% year-over-year" at ClearanceJobs, and "CJ delivered an adjusted EBITDA margin of 40%." (President, CEO & Director Zeile) "Consistent with CJ's expand the mission strategy, we acquired Point Solutions Group, or PSG, inside the quarter and are encouraged by the early results." (President, CEO & Director Zeile) "We are also seeing early traction with our premium candidate subscription on ClearanceJobs. Since its formal launch in mid-February, adoption has surpassed expectations with quick growth in paid subscribers." (President, CEO & Director Zeile) "While total revenue and bookings declined year-over-year, our results reflect the continued strength of ClearanceJobs" and "we delivered solid adjusted EBITDA growth and margin expansion in the quarter, along with strong free cash flow generation." (Chief Financial Officer Greg Schippers) Outlook "We expect DHI revenue of $124 million to $128 million for the full year" and "for the second quarter, we expect revenue of $30 million to $32 million." (Chief Financial Officer Schippers) "For CJ, with the addition of PSG, we expect revenue of $62 million to $64 million for the full year" and "for the second quarter, we expect revenue of $15 million to $16 million." (Chief Financial Officer Schippers) "At Dice, we expect revenue of $62 million to $64 million for the full year" and "for the second quarter, we expect revenue of $15 million to $16 million." (Chief Financial Officer Schippers) "We continue to target full year adjusted EBITDA margin for DHI of 25% and margins of 40% for CJ and 22% for Dice" and "strong free cash flow generation, averaging at or above 10% of rev...
Eric S Jacobsen, President, Upstream of BKV Corporation (NYSE:BKV) , disclosed the sale of 25,000 shares of common stock in an open-market transaction on May 1, 2026, as reported in this SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($30.96); post-transaction value based on May 1, 2026 closing price ($31.32). * 1-year price change calculated as of May 4, 2026. Continue r...
Eric S Jacobsen, President, Upstream of BKV Corporation (NYSE:BKV) , disclosed the sale of 25,000 shares of common stock in an open-market transaction on May 1, 2026, as reported in this SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($30.96); post-transaction value based on May 1, 2026 closing price ($31.32). * 1-year price change calculated as of May 4, 2026. Continue reading
Earnings Call Insights: Coupang, Inc. (CPNG) Q1 2026 Management view Bom Suk Kim (Founder, CEO & Chairman) said the company is “in the recovery from last quarter’s data incident,” adding that “January marked the low point in our Product Commerce revenue growth rate” and that “each month since has improved on a year-over-year basis.” CEO Kim said customer behavior has been resilient: “the vast majo...
Earnings Call Insights: Coupang, Inc. (CPNG) Q1 2026 Management view Bom Suk Kim (Founder, CEO & Chairman) said the company is “in the recovery from last quarter’s data incident,” adding that “January marked the low point in our Product Commerce revenue growth rate” and that “each month since has improved on a year-over-year basis.” CEO Kim said customer behavior has been resilient: “the vast majority of WOW members never left,” and “through the end of April, we’ve closed nearly 80% of the decline in WOW memberships that followed the incident,” while “new WOW sign-ups and churn have returned to historical stable levels.” CEO Kim separated margin pressure into “two distinct factors,” stating “the first is the customer vouchers we issued in response to the incident” and “the second is a set of temporary inefficiencies in our network,” with the view that “we expect annual margin expansion to resume next year.” Gaurav Anand (Chief Financial Officer) said Q1 results “reflected the impacts from last quarter’s data incident,” and reported Product Commerce net revenues of $7.2B and total net revenues of $8.5B, while noting the company expects “the impacts on Product Commerce to diminish as we now move further from the affected quarter.” Outlook Gaurav Anand (Chief Financial Officer) guided, “For Q2, we anticipate consolidated constant currency revenue growth of 9% to 10%,” and added, “we also expect our top line growth rates to continue improving over the course of the year as the impacts from the data incident diminish.” CFO Anand said, “We also expect consolidated adjusted EBITDA margin year-over-year contraction of approximately 300 to 400 basis points for Q2,” and reiterated, “we expect margins to improve throughout the year with annual margin expansion resuming next year.” Compared with Q4 2025, management moved from a wider Q1 view (“for Q1, we anticipate growing consolidated constant currency revenues in the 5% to 10% range,” per CFO Anand in the prior call) to a nar...
Earnings Call Insights: Key Tronic Corporation (KTCC) Q3 fiscal 2026 Management View Revenue and demand headwinds dominated the quarter, with Anthony Voorhees (Executive VP of Administration, CFO & Treasurer) saying, "For the third quarter of fiscal year 2026, we reported total revenue of $89.6 million, compared to $112.0 million in the same period of fiscal year 2025," and attributing the decline...
Earnings Call Insights: Key Tronic Corporation (KTCC) Q3 fiscal 2026 Management View Revenue and demand headwinds dominated the quarter, with Anthony Voorhees (Executive VP of Administration, CFO & Treasurer) saying, "For the third quarter of fiscal year 2026, we reported total revenue of $89.6 million, compared to $112.0 million in the same period of fiscal year 2025," and attributing the decline to "reduced demand from a legacy customer and an end-of-life program," plus "winter storm Fern," "customer design delays," and "delays in receiving allocated components." Profitability and efficiency were framed as improving despite lower volume. Anthony Voorhees (Executive VP of Administration, CFO & Treasurer) said, "Gross margin was 8.0% and operating margin was negative 0.3% in the third quarter of fiscal year 2026," adding, "These results demonstrate that our business today is structurally more efficient and better positioned to generate margin as volume returns." China exit timing and savings were a central strategic update. Anthony Voorhees (Executive VP of Administration, CFO & Treasurer) said, "The China winddown is expected to be completed by the end of the current fiscal year and anticipated to save approximately $1.2 million per quarter following completion," while Brett Larsen (President, CEO & Director) added that Key Tronic will "continue to operate in China with a small team focused on sourcing critical components locally." Management emphasized nearshoring capacity and program wins as the main bridge to a rebound. Brett Larsen (President, CEO & Director) said, "we expect our revenue to gradually begin to rebound and see a return to profitability in the fourth quarter of fiscal 2026," and noted, "During the third quarter of fiscal 2026, we won new programs in automotive technology, industrial tooling, pest control, and industrial power management." Outlook Management did not provide formal guidance for the next quarter. Anthony Voorhees (Executive VP of Adm...