Morsa Images/DigitalVision via Getty Images Overview When I previously covered the Western Asset Diversified Income Fund ( WDI ), I issued a hold rating due to the limited growth potential as a result of higher interest rates. Since then, the interest rate environment has shifted, and WDI released an updated annual report. Therefore, I wanted to revisit the fund to reassess its performance, value ...
Morsa Images/DigitalVision via Getty Images Overview When I previously covered the Western Asset Diversified Income Fund ( WDI ), I issued a hold rating due to the limited growth potential as a result of higher interest rates. Since then, the interest rate environment has shifted, and WDI released an updated annual report. Therefore, I wanted to revisit the fund to reassess its performance, value proposition, risks, and outlook for the remainder of the year. At the time of my last coverage, WDI traded near its fair value. This meant that the fund traded at neither a discount nor a premium to NAV. Following the slight pullback in share price over the last few months, WDI now trades at a small discount to NAV of 1.95%. Referring to the red line on the graph below, we can see that WDI continues to trade at the higher end of its historical price-to-NAV range. This can make valuation a bit tricky because while most of us would love to initiate a position at a larger discount, the current valuation can be a reflection of the fund's strength. CEF Data The fund now offers a starting dividend yield of about 12.6% while issuing those payouts on a monthly basis. However, the latest annual report indicates that WDI is still struggling to produce sufficient earnings to support those distributions. Therefore, the fund's underlying NAV is likely to suffer some erosion over the next twelve months unless interest rates are substantially reduced at some point. This makes it a bit more challenging to recommend a position in WDI for investors seeking a reliable source of income generation within their portfolio. Fund Strategy According to the latest fund overview , WDI has total net assets of $733.5M that are spread across a diverse range of income-producing securities. The primary objective is to produce a high current income and achieve some capital appreciation. Unlike traditional equities, the fund's success isn't tied to the earnings growth of its holdings. Instead, WDI is reliant...
Public Service press release ( PEG ): Q1 Non-GAAP EPS of $1.55 beats by $0.12 . Revenue of $3.85B (+19.6% Y/Y) beats by $500M . Maintains 2026 Non-GAAP Operating Earnings Guidance of $4.28 - $4.40 Per Share More on Public Service Public Service Enterprise Group: How PSEG Is Becoming An AI Infrastructure Play Public Service Enterprise Group: The Upside Remains Uncompelling Public Service Enterprise...
Public Service press release ( PEG ): Q1 Non-GAAP EPS of $1.55 beats by $0.12 . Revenue of $3.85B (+19.6% Y/Y) beats by $500M . Maintains 2026 Non-GAAP Operating Earnings Guidance of $4.28 - $4.40 Per Share More on Public Service Public Service Enterprise Group: How PSEG Is Becoming An AI Infrastructure Play Public Service Enterprise Group: The Upside Remains Uncompelling Public Service Enterprise Group Incorporated (PEG) Q4 2025 Earnings Call Transcript Public Service Q1 2026 Earnings Preview Quant check: Power stocks in focus as EVs, data center demand drive global electricity surge
Ballard Power Systems press release ( BLDP ): Q1 GAAP EPS of -$0.04 beats by $0.02 . Revenue of $19.4M (+26.0% Y/Y) misses by $0.83M . 14% gross margin a 37-point improvement from Q1 2025. 36% reductions in Total Operating Expenses2. Q1 ended with $516.8 million in cash and cash equivalents. Positive momentum in bus market with New Flyer commercial agreement and strong traction with European OEM's...
Ballard Power Systems press release ( BLDP ): Q1 GAAP EPS of -$0.04 beats by $0.02 . Revenue of $19.4M (+26.0% Y/Y) misses by $0.83M . 14% gross margin a 37-point improvement from Q1 2025. 36% reductions in Total Operating Expenses2. Q1 ended with $516.8 million in cash and cash equivalents. Positive momentum in bus market with New Flyer commercial agreement and strong traction with European OEM's 2026 Guidance Total Operating Expense2 $65 - $75 million Capital Expenditure3 $5 - $10 million Click to enlarge More on Ballard Power Systems Inc. Ballard Power Systems: Growth Is Held Back By Sector Uncertainty Ballard Power: Upgrading On Extended Cash Runway - Hold Ballard Power Systems Inc. (BLDP:CA) Q4 2025 Earnings Call Transcript Ballard Power Systems Q1 2026 Earnings Preview Ballard Power Systems Q4 2025 Earnings Preview
Energy Transfer press release ( ET ): Q1 GAAP EPS of $0.35 misses by $0.03 . Revenue of $27.77B (+32.1% Y/Y) beats by $470M . Distributable Cash Flow attributable to partners, as adjusted, for the three months ended March 31, 2026 was $2.70 billion compared to $2.31 billion for the three months ended March 31, 2025. The Partnership now expects its Adjusted EBITDA guidance for the full year of 2026...
Energy Transfer press release ( ET ): Q1 GAAP EPS of $0.35 misses by $0.03 . Revenue of $27.77B (+32.1% Y/Y) beats by $470M . Distributable Cash Flow attributable to partners, as adjusted, for the three months ended March 31, 2026 was $2.70 billion compared to $2.31 billion for the three months ended March 31, 2025. The Partnership now expects its Adjusted EBITDA guidance for the full year of 2026 to range between $18.2 billion and $18.6 billion, compared to the previous range of between $17.45 billion and $17.85 billion. The Partnership expects to invest $5.5 billion to $5.9 billion in growth capital for 2026. More on Energy Transfer Energy Transfer: DCF Is Compressing And That's The Point (Q1 Earnings Preview) Energy Transfer: The Empire Keeps Expanding Energy Transfer: The 7% Yield Leader Among America's Largest Midstream Operators Energy Transfer Q1 earnings preview: Wall Street sees upside Dividend Roundup: Apple, Citigroup, General Motors, and more
hapabapa/iStock Editorial via Getty Images Palantir ( PLTR ) has continued to prove itself a leading AI software name that’s preserving both high growth and sustained operating leverage improvements. The company delivered a strong Q1 earnings double-beat, with revenue of $1.63 billion and non-GAAP EPS of $0.33, outperforming the average consensus estimate of about $1.54 billion and $0.28, respecti...
hapabapa/iStock Editorial via Getty Images Palantir ( PLTR ) has continued to prove itself a leading AI software name that’s preserving both high growth and sustained operating leverage improvements. The company delivered a strong Q1 earnings double-beat, with revenue of $1.63 billion and non-GAAP EPS of $0.33, outperforming the average consensus estimate of about $1.54 billion and $0.28, respectively. This was accompanied by substantial acceleration across key growth metrics, including TCV bookings, remaining deal value, and remaining performance obligations, reinforcing durability to management’s raised guidance for full year 2026. The results are consistent with my previous coverages on the stock, which highlights accelerating margin expansion and earnings accretion as key valuation drivers for Palantir. And the durability of which continues to be sustained by its strategic AIP Bootcamp go-to-market strategy, ongoing disciplined spend management, as well as recent internal implementation of the AI Forward Deployed Engineer (“AI FDE”) agent. More importantly, Palantir’s latest earnings outperformance directly addresses investors’ increasing concerns about AI disruption risks to the broader software industry. On one hand, substantial margin expansion, accompanied by a high, scalable growth outlook, underscores durable AI monetization and ROI visibility for Palantir. Meanwhile, continued government and commercial acceleration also substantiates Palantir’s increasingly mission-critical role in supporting the agentic shift, assuaging the “SaaSpocalypse” overhang on execution. Taken together, Palantir’s latest earnings results suggest the company’s proven to be one of few AI software platforms that are competitively positioned to benefit from the looming agentic disruption. Coupled with the company’s strategic alignment with the emerging market thematic catalyst anchored in “U.S. exceptionalism” amid the volatile geopolitical backdrop, the stock remains well-positioned...
hapabapa/iStock Editorial via Getty Images Palantir ( PLTR ) has continued to prove itself a leading AI software name that’s preserving both high growth and sustained operating leverage improvements. The company delivered a strong Q1 earnings double-beat, with revenue of $1.63 billion and non-GAAP EPS of $0.33, outperforming the average consensus estimate of about $1.54 billion and $0.28, respecti...
hapabapa/iStock Editorial via Getty Images Palantir ( PLTR ) has continued to prove itself a leading AI software name that’s preserving both high growth and sustained operating leverage improvements. The company delivered a strong Q1 earnings double-beat, with revenue of $1.63 billion and non-GAAP EPS of $0.33, outperforming the average consensus estimate of about $1.54 billion and $0.28, respectively. This was accompanied by substantial acceleration across key growth metrics, including TCV bookings, remaining deal value, and remaining performance obligations, reinforcing durability to management’s raised guidance for full year 2026. The results are consistent with my previous coverages on the stock, which highlights accelerating margin expansion and earnings accretion as key valuation drivers for Palantir. And the durability of which continues to be sustained by its strategic AIP Bootcamp go-to-market strategy, ongoing disciplined spend management, as well as recent internal implementation of the AI Forward Deployed Engineer (“AI FDE”) agent. More importantly, Palantir’s latest earnings outperformance directly addresses investors’ increasing concerns about AI disruption risks to the broader software industry. On one hand, substantial margin expansion, accompanied by a high, scalable growth outlook, underscores durable AI monetization and ROI visibility for Palantir. Meanwhile, continued government and commercial acceleration also substantiates Palantir’s increasingly mission-critical role in supporting the agentic shift, assuaging the “SaaSpocalypse” overhang on execution. Taken together, Palantir’s latest earnings results suggest the company’s proven to be one of few AI software platforms that are competitively positioned to benefit from the looming agentic disruption. Coupled with the company’s strategic alignment with the emerging market thematic catalyst anchored in “U.S. exceptionalism” amid the volatile geopolitical backdrop, the stock remains well-positioned...
Orthofix Medical Inc. press release ( OFIX ): Q1 GAAP EPS of -$0.52 beats by $0.16 . Revenue of $196.7M (+1.6% Y/Y) beats by $1.99M . Business Outlook Based on first-quarter performance and current visibility, the Company is reaffirming its full-year 2026 financial guidance. This outlook reflects expectations for improved execution through the remainder of the year, including contributions from re...
Orthofix Medical Inc. press release ( OFIX ): Q1 GAAP EPS of -$0.52 beats by $0.16 . Revenue of $196.7M (+1.6% Y/Y) beats by $1.99M . Business Outlook Based on first-quarter performance and current visibility, the Company is reaffirming its full-year 2026 financial guidance. This outlook reflects expectations for improved execution through the remainder of the year, including contributions from recent and planned product launches, balanced against ongoing macro and operational considerations. Net sales expected to range between $850 million to $860 million vs. $855.61M consensus . The Company’s expected net sales represent implied year-over-year pro forma constant currency growth of approximately 5.5% at the midpoint of the range. This guidance range is based on current foreign currency exchange rates and does not take into account any additional potential exchange rate changes that may occur this year. Non-GAAP adjusted EBITDA expected to be $95 million to $98 million. This represents 70 basis points of non-GAAP adjusted EBITDA margin expansion at the midpoint of the range compared to 2025. Free cash flow expected to be positive for full-year 2026, excluding the impact of any potential legal settlements, supported by margin improvement initiatives. More on Orthofix Medical Inc. Orthofix Medical Inc. (OFIX) Q4 2025 Earnings Call Transcript Orthofix Medical Inc. 2025 Q4 - Results - Earnings Call Presentation Orthofix Medical Inc. Q1 2026 Earnings Preview Orthofix extends timeline for 6.5%-7.5% sales CAGR through 2028 as channel optimization matures Seeking Alpha’s Quant Rating on Orthofix Medical Inc.
(RTTNews) - Aptiv PLC (APTV), an industrial technology company, on Tuesday reported first quarter earnings came in at profit in the first quarter compared with the previous year.
(RTTNews) - Aptiv PLC (APTV), an industrial technology company, on Tuesday reported first quarter earnings came in at profit in the first quarter compared with the previous year.
Procore Technologies press release ( PCOR ): Q1 Non-GAAP EPS of $0.34 misses by $0.02 . Revenue of $359.28M (+15.7% Y/Y) beats by $6.46M . Number of organic customers contributing more than $100,000 of annual recurring revenue totaled 2,795 as of March 31, 2026, an increase of 16% year-over-year. Second Quarter 2026 Outlook: ◦Revenue is expected to be in the range of $364 million to $366 million v...
Procore Technologies press release ( PCOR ): Q1 Non-GAAP EPS of $0.34 misses by $0.02 . Revenue of $359.28M (+15.7% Y/Y) beats by $6.46M . Number of organic customers contributing more than $100,000 of annual recurring revenue totaled 2,795 as of March 31, 2026, an increase of 16% year-over-year. Second Quarter 2026 Outlook: ◦Revenue is expected to be in the range of $364 million to $366 million vs $366.33M consensus, representing year-over-year growth of 12% to 13%. ◦Non-GAAP operating margin is expected to be in the range of 17.5% to 18.5%. Full Year 2026 Outlook: ◦Revenue is expected to be in the range of $1,499 million to $1,503 million vs $1.49B consensus, representing year-over-year growth of 13.6% at the high end. ◦Non-GAAP operating margin is expected to be in the range of 18% to 18.5%. ◦Free cash flow margin is expected to be 19%. Shares +4.7% PM. More on Procore Technologies Procore Navigates CEO Transition And Challenged Construction Industry Procore Technologies, Inc. (PCOR) Q4 2025 Earnings Call Transcript Procore Technologies Q1 2026 Earnings Preview Software revenue stemming from activity rather than seat count best defended from AI disruption: KeyBanc Seeking Alpha’s Quant Rating on Procore Technologies
Proposal from group that worked with AOC and Bernie Sanders seeks to counter claim that climate policy is politically toxic Americans do not care about the climate crisis, only economic issues: that’s the message some wonks have put forth in the past year, as the Trump administration has dismantled environmental protections. But the shift away from climate is misguided, an influential group of pro...
Proposal from group that worked with AOC and Bernie Sanders seeks to counter claim that climate policy is politically toxic Americans do not care about the climate crisis, only economic issues: that’s the message some wonks have put forth in the past year, as the Trump administration has dismantled environmental protections. But the shift away from climate is misguided, an influential group of progressives is arguing. “The climate crisis is a core driver of the cost-of-living crisis and instability we see across the economy,” says a new policy platform from left-leaning thinktank Climate and Community Institute (CCI). Continue reading...
IREN ( IREN ) has agreed to acquire Mirantis, a cloud infrastructure and Kubernetes-based orchestration and enterprise support services provider, in a stock deal valued at about $625M. Closing remains subject to customary conditions, including required regulatory approvals. Mirantis is expected to operate as a standalone subsidiary, serving its existing customer base while supporting IREN’s AI Clo...
IREN ( IREN ) has agreed to acquire Mirantis, a cloud infrastructure and Kubernetes-based orchestration and enterprise support services provider, in a stock deal valued at about $625M. Closing remains subject to customary conditions, including required regulatory approvals. Mirantis is expected to operate as a standalone subsidiary, serving its existing customer base while supporting IREN’s AI Cloud deployments. Mirantis serves over 1,500 enterprise customers and is a partner in NVIDIA’s AI Cloud Ready initiative. Its platform helps manage AI infrastructure across different environments. The acquisition is expected to strengthen IREN’s capabilities in deploying AI workloads; improve monitoring, performance visibility, and management of customer environments; add technical support; and expand its reach across enterprise and AI-native clients. More on IREN Limited IREN Limited: The Moat Has Shifted; It's No Longer A Mining Story IREN: I Am Still Bullish Despite The Prove-It Phase IREN: Hyperscaler Ambitions Vs. $6 Billion Dilution Risk AI cloud providers gain ground as Micron makes lone jump among chip stocks IREN announces energization of Sweetwater 1 data center site in Texas, shares up
BRENTWOOD, Tenn., May 05, 2026 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:SGRY) (“Surgery Partners” or the “Company”), a leading short-stay surgical facility owner and operator, today announced results for the first quarter ended March 31, 2026.
BRENTWOOD, Tenn., May 05, 2026 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:SGRY) (“Surgery Partners” or the “Company”), a leading short-stay surgical facility owner and operator, today announced results for the first quarter ended March 31, 2026.
OTTAWA, Ontario, May 05, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three month period ended March 31, 2026. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted.
OTTAWA, Ontario, May 05, 2026 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three month period ended March 31, 2026. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted.
BOSTON, May 05, 2026 (GLOBE NEWSWIRE) -- Compass Therapeutics, Inc. (Nasdaq: CMPX), a clinical-stage, oncology-focused biopharmaceutical company developing proprietary antibody-based therapeutics to treat multiple human diseases, today reported first quarter 2026 financial results and provided a business update.
BOSTON, May 05, 2026 (GLOBE NEWSWIRE) -- Compass Therapeutics, Inc. (Nasdaq: CMPX), a clinical-stage, oncology-focused biopharmaceutical company developing proprietary antibody-based therapeutics to treat multiple human diseases, today reported first quarter 2026 financial results and provided a business update.
FORT LEE, N.J., May 05, 2026 (GLOBE NEWSWIRE) -- Nuvectis Pharma, Inc. (NASDAQ: NVCT) ("Nuvectis" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today reported its financial results for the first quarter of 2026 and provided an update on recent busi...
FORT LEE, N.J., May 05, 2026 (GLOBE NEWSWIRE) -- Nuvectis Pharma, Inc. (NASDAQ: NVCT) ("Nuvectis" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today reported its financial results for the first quarter of 2026 and provided an update on recent business progress.