Ballard Power Systems (BLPD) rose over 22% on Tuesday after it reported a mixed first-quarter print. The stock traded 20.67% higher at $3.97 during afternoon trading. The company posted a loss of $0.04 per share, slightly above what analysts had expected. Revenue came in at $19.4M, missing estimates but representing a 26% year-over-year growth, which the company attributed to increased engine ship...
Ballard Power Systems (BLPD) rose over 22% on Tuesday after it reported a mixed first-quarter print. The stock traded 20.67% higher at $3.97 during afternoon trading. The company posted a loss of $0.04 per share, slightly above what analysts had expected. Revenue came in at $19.4M, missing estimates but representing a 26% year-over-year growth, which the company attributed to increased engine shipments during the period. Bus revenue was $6.8 million, down 46% from Q1 2025, while Rail revenue was $5.1 million, representing a multi-fold year-on-year increase. Disciplined cost management also contributed to an improvement in gross margins, which rose to 14%," President and CEO Marty Neese added. The company had an order backlog of $112.9 million at the end of the quarter. The 12-month order book was $52.8 million at the end of Q1, a decrease of $1.1 million, or 2%, from the end of Q4 2025. While Ballard did not provide full-year guidance for revenue and net income, it noted that revenue will be weighted in the second half of 2026. It guided capital expenditure in the range of $5 million to $10 million and total operating expense in the range of $65 million to $75 million. "We continue to see strong momentum in the fuel cell bus market, supported by increasing long-term customer commitments. New Flyer's multi-year 50 MW agreement highlights accelerating fleet adoption in North America . In the U.K. and E.U., we are seeing strong traction with two additional bus OEMs that are advancing next‑generation hydrogen bus platforms…" the CEO additionally noted. The stock has soared nearly 50% in the year so far, compared to a 6% rise in the broader markets. 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
Three people have died after an outbreak of hantavirus onboard a cruise ship travelling from Argentina to Cape Verde. The World Health Organization says that a total of seven cases – two confirmed by laboratory testing and five suspected – have been identified on the cruise ship so far. They are also investigating whether rare human-to-human transmission of the virus could be behind the cases. Mad...
Three people have died after an outbreak of hantavirus onboard a cruise ship travelling from Argentina to Cape Verde. The World Health Organization says that a total of seven cases – two confirmed by laboratory testing and five suspected – have been identified on the cruise ship so far. They are also investigating whether rare human-to-human transmission of the virus could be behind the cases. Madeleine Finlay talks to Prof Jonathan Ball from Liverpool School of Tropical Medicine to find out where the virus comes from, how it is transmitted to humans, and what health agencies will be doing to try to contain it British crew member in need of urgent medical care amid suspected hantavirus outbreak on cruise ship Support the Guardian: theguardian.com/sciencepod Continue reading...
Earnings Call Insights: Shoals Technologies Group (SHLS) Q1 2026 Management view "First quarter revenue was above our guidance at $141 million, up 75% over the prior year period," said CEO Brandon Moss, adding that the company booked "approximately $151 million of new orders" and ended with record "backlog and awarded orders, or BLAO, of $758 million." (CEO Brandon Moss) "Adjusted gross profit per...
Earnings Call Insights: Shoals Technologies Group (SHLS) Q1 2026 Management view "First quarter revenue was above our guidance at $141 million, up 75% over the prior year period," said CEO Brandon Moss, adding that the company booked "approximately $151 million of new orders" and ended with record "backlog and awarded orders, or BLAO, of $758 million." (CEO Brandon Moss) "Adjusted gross profit percentage came in slightly below our expected range at 29.6%," with Moss citing "product mix, tariffs, increased freight costs and some temporary labor inefficiencies" tied to training and the facility move, and adding, "We believe that this is the low point of gross margin and that it will improve as we make our way through the year." (CEO Moss) Moss highlighted the Voltage ITC case, saying, "the International Trade Commission declined to review any contested issues in the ALJ's initial ruling" and adding the commission is "expected to issue its final determination in early June." (CEO Moss) "We are pleased with how the market is evolving and our competitive position of strength and as a result, are increasing both our revenue and adjusted EBITDA guidance for the year," Moss said, while also pointing to "key international markets like Australia" and noting "International BLAO now totals almost $100 million." (CEO Moss) "Operationally, we consumed $41.4 million of cash in the first quarter, driven by the higher inventory balances needed to satisfy the strong demand signals," CFO Dominic Bardos said, adding, "we intend to reduce inventory levels throughout the back half of the year" and "do not currently anticipate interruptions to project delivery schedules due to the conflict in the Middle East or projected trade policies." (CFO Dominic Bardos) Outlook "For the quarter ending June 30, 2026, the company expects revenue to be in the range of $150 million to $170 million" and "adjusted EBITDA to be in the range of $28 million to $33 million," Bardos said. (CFO Bardos) "For the ...
Earnings Call Insights: Cipher Digital (CIFR) Q1 2026 Management view CEO Tyler Page said “2026 is the year of execution for Cipher,” highlighting a “third data center campus lease with an investment-grade hyperscale tenant,” a “$2 billion high-yield bond offering for Black Pearl,” and an “inaugural $200 million revolving credit facility.” Page described the company’s scale as “907 megawatts of op...
Earnings Call Insights: Cipher Digital (CIFR) Q1 2026 Management view CEO Tyler Page said “2026 is the year of execution for Cipher,” highlighting a “third data center campus lease with an investment-grade hyperscale tenant,” a “$2 billion high-yield bond offering for Black Pearl,” and an “inaugural $200 million revolving credit facility.” Page described the company’s scale as “907 megawatts of operating and contracted capacity” supported by “3 signed data center campus leases,” and said the portfolio carries “approximately $11.4 billion in contracted revenue across base lease terms of 10 to 15 years,” alongside an “approximately 3.3 gigawatt pipeline of grid capacity.” Page framed the contracted cash flow ramp as signed and visible, saying the three executed leases are expected to generate “approximately $787 million of average annualized net operating income from October 2026 to September 2036,” and added, “In 2035, we expect to have approximately $892 million of contracted net operating income.” Quote (Chief Financial Officer Greg Mumford) “In aggregate, total principal outstanding on our debt was approximately $5.2 billion.” Outlook Management did not provide quarterly revenue or EPS guidance in the prepared remarks or Q&A; the forward-looking focus centered on construction milestones, lease conversion, energization timelines, and pipeline contracting. Page said the company is “targeting energization in Q4 2027” for Ulysses in Ohio and “remain[s] highly confident in that timeline,” while Reveille’s “energization timeline of Q3 2027 is not subject to batch process uncertainty” because it is already interconnection approved. On ERCOT’s evolving batch process for larger Texas sites, Page said, “We are hoping for a good outcome from the finalization of that batch process in June,” and indicated lease negotiations could accelerate once interconnects are in hand. Financial results The company reported Q1 revenue of $35 million (vs. $60 million in Q4), with Mumford att...
Earnings Call Insights: Lindblad Expeditions Holdings, Inc. (LIND) Q1 2026 Management View "In a complex macro and geopolitical environment, our team delivered another record quarter." (Chief Executive Officer Natalya Leahy) "We achieved record first quarter occupancy of 93% on a 6% increase in capacity and increased net yield by 7% to a record of $1,631 per guest night." (CEO Leahy) "As a result,...
Earnings Call Insights: Lindblad Expeditions Holdings, Inc. (LIND) Q1 2026 Management View "In a complex macro and geopolitical environment, our team delivered another record quarter." (Chief Executive Officer Natalya Leahy) "We achieved record first quarter occupancy of 93% on a 6% increase in capacity and increased net yield by 7% to a record of $1,631 per guest night." (CEO Leahy) "As a result, we experienced increased cancellations in our Antarctica flight program in addition to several Egyptian river cruises." (CEO Leahy) "These cancellations not only impacted revenue from some of our most profitable voyages, but also led to higher land costs as some guests were already in transit or on the ground when disruptions occurred." (CEO Leahy) "We increased demand generation spending to mitigate the risks of volatile external environment, and I'm pleased to share that we delivered a historically strong wave season, maintained booking pace for 2026 and further accelerated bookings momentum for 2027." (CEO Leahy) "In the first quarter, bookings from Disney EarMarked travel agents increased 67% compared to prior year." (CEO Leahy) "We recently signed our first ever charter agreement with Club 33, Disney's most exclusive private membership club, and the voyage literally sold within a couple of hours." (CEO Leahy) "On vessels with dedicated expedition sales consultants, more than 1/4 of our guests are booking their next voyage before disembarking." (CEO Leahy) "Our outbound sales program is also gaining significant traction, increasing 64% versus prior year." (CEO Leahy) "Total company revenues for Q1 2026 were $208 million, an increase of $28.3 million or 15.7% versus Q1 2025." (Chief Financial Officer Rick Goldberg) "Adjusted EBITDA for the quarter was $34.8 million." (CFO Goldberg) Outlook "We are maintaining the guidance we shared on our last earnings call." (CFO Goldberg) "Available guest nights are expected to increase 4.5% to 5%." (CFO Goldberg) "Net yield per an av...
Earnings Call Insights: MSA Safety Incorporated (MSA) Q1 2026 Management View CEO Steven Blanco said the quarter reflected continued execution of the Accelerate strategy amid regional volatility, noting “consolidated reported sales growth of 10% with a 3% organic increase and adjusted earnings per share of $1.99, up 18% from last year,” while calling out “strong growth in North and Latin America a...
Earnings Call Insights: MSA Safety Incorporated (MSA) Q1 2026 Management View CEO Steven Blanco said the quarter reflected continued execution of the Accelerate strategy amid regional volatility, noting “consolidated reported sales growth of 10% with a 3% organic increase and adjusted earnings per share of $1.99, up 18% from last year,” while calling out “strong growth in North and Latin America and weakness across our European and Middle Eastern markets.” Blanco highlighted product and portfolio actions, including “We began shipping our newly launched ALTAIR io 6 portable gas detector,” and “We also announced the launch of the Bacharach X30 and X50 refrigerant monitoring solutions.” Blanco announced a signed acquisition agreement: “we've signed a definitive agreement to acquire Autronica Fire & Security in a transaction valued of $555 million. We expect the deal to close in the third quarter.” He added that Autronica “generated 2025 sales of approximately $160 million and adjusted EBITDA margins of about 20%,” and that MSA expects “pro forma net leverage of approximately 2x at close.” CFO Julie Beck said, “First quarter sales were $464 million, an increase of 10% on a reported basis over the prior year,” and added that “GAAP gross margins improved, rising to 47.4%, an increase of 50 basis points sequentially and 150 basis points over the prior year.” Outlook Beck said, “we are reaffirming our mid-single-digit organic sales growth outlook for 2026,” and emphasized that “Our outlook does not reflect any impact from the Autronica acquisition.” Management tied the outlook to regional expectations, with Beck stating the outlook “assumes continued strength in our Americas segment and an improvement in our international results from the first quarter,” supported by “a mid-single-digit year-over-year order increase and a double-digit backlog increase sequentially in our International segment.” Beck cautioned on U.S. fire service funding timing: “we are mindful that AFG gra...
Earnings Call Insights: Embecta (EMBC) Q2 fiscal 2026 Management View "This was a difficult quarter for embecta." (President, CEO & Chairman Devdatt Kurdikar) "Our results were below expectations with consolidated revenues down 14.4% year-over-year on an as-reported basis or 17.4% on an adjusted constant currency basis." (President, CEO & Chairman Kurdikar) "The largest contributor to the lower ye...
Earnings Call Insights: Embecta (EMBC) Q2 fiscal 2026 Management View "This was a difficult quarter for embecta." (President, CEO & Chairman Devdatt Kurdikar) "Our results were below expectations with consolidated revenues down 14.4% year-over-year on an as-reported basis or 17.4% on an adjusted constant currency basis." (President, CEO & Chairman Kurdikar) "The largest contributor to the lower year-over-year U.S. revenue is share loss within our pen needle product category, most of which is concentrated at a single customer." (President, CEO & Chairman Kurdikar) "The second largest contributor is overall market volume softness for insulin pens and pen needles in the retail channel." (President, CEO & Chairman Kurdikar) "As a result, we are revising our fiscal 2026 revenue guidance to a range of between $1.015 billion and $1.035 billion." (President, CEO & Chairman Kurdikar) "The revised range includes approximately $30 million in revenue contribution from the acquisition of Owen Mumford, which is expected to close by the end of this month." (President, CEO & Chairman Kurdikar) "We recently made the decision to cease production of alcohol swaps." (President, CEO & Chairman Kurdikar) "Considering the magnitude of the guidance reduction, we have initiated a review of our cost structure and organizational footprint." (President, CEO & Chairman Kurdikar) "Three months later, the pipeline has continued to develop and now approximately 40% of our identified partners are either in active contract negotiations or have executed agreements in place." (President, CEO & Chairman Kurdikar) "Aidaptus is an award-winning next-generation auto-injector designed with a single form factor that accommodates both 1 ml and 2.25 ml fill volumes." (President, CEO & Chairman Kurdikar) "During the second quarter, embecta generated approximately $222 million in revenue." (Senior VP & CFO Jake Elguicze) Outlook "We are lowering our guidance from a range of between $1.071 billion and $1.093 bil...
Meta Platforms is working with a slightly trimmed fair value estimate of US$829.23, down from US$835.54, as updated model inputs filter through to the headline price target. This adjustment sits alongside a busy period of analyst debate around AI spending, legal risks and potential cost actions, all influencing how firms frame upside versus risk for the stock. As you read on, you will see how thes...
Meta Platforms is working with a slightly trimmed fair value estimate of US$829.23, down from US$835.54, as updated model inputs filter through to the headline price target. This adjustment sits alongside a busy period of analyst debate around AI spending, legal risks and potential cost actions, all influencing how firms frame upside versus risk for the stock. As you read on, you will see how these shifting targets and narratives can help you track and interpret the evolving story around...
The market's enthusiasm for artificial intelligence (AI) has lifted just about every name with a credible foothold in the build-out. Alphabet and Amazon have hit fresh all-time highs as their cloud divisions accelerate. AI chipmaker Nvidia is close to a $5 trillion market capitalization, and Broadcom and Intel have joined the rally; Intel alone climbed 114% in April. And then there is Oracle (NYSE...
The market's enthusiasm for artificial intelligence (AI) has lifted just about every name with a credible foothold in the build-out. Alphabet and Amazon have hit fresh all-time highs as their cloud divisions accelerate. AI chipmaker Nvidia is close to a $5 trillion market capitalization, and Broadcom and Intel have joined the rally; Intel alone climbed 114% in April. And then there is Oracle (NYSE: ORCL) . Shares have rebounded some in the past week, rising about 10%, but they remain far below their 52-week high of more than $345. And even with the stock's recent rebound, it's down more than 6% year to date as of this writing. That is an unusual look for a company sitting on more contracted future revenue than just about any rival. Continue reading
Leaked remarks by Maj Gen Avi Bluth describe fatal shootings of stone-throwers and different treatment for Jewish settlers The Israeli army chief in the West Bank has said his troops were “killing like we haven’t killed since 1967”, including fatally shooting Palestinian stone-throwers, according to an Israeli report of his comments. The remarks by Maj Gen Avi Bluth, head of the army’s central com...
Leaked remarks by Maj Gen Avi Bluth describe fatal shootings of stone-throwers and different treatment for Jewish settlers The Israeli army chief in the West Bank has said his troops were “killing like we haven’t killed since 1967”, including fatally shooting Palestinian stone-throwers, according to an Israeli report of his comments. The remarks by Maj Gen Avi Bluth, head of the army’s central command, were made in a recent closed forum but were leaked to Israel’s Haaretz newspaper . Bluth has so far not denied the authenticity of the Haaretz account. The Israel Defense Forces did not respond to a request for comment. Continue reading...
The Trump administration is letting Elon Musk pay a $1.5 million fine to settle a lawsuit that originally sought at least $150 million. If approved by a federal court, the proposed settlement submitted yesterday would require a trust in Musk's name to pay a $1.5 million civil penalty to the government. The January 2025 lawsuit , filed in the last days of the Biden administration, relates to how Mu...
The Trump administration is letting Elon Musk pay a $1.5 million fine to settle a lawsuit that originally sought at least $150 million. If approved by a federal court, the proposed settlement submitted yesterday would require a trust in Musk's name to pay a $1.5 million civil penalty to the government. The January 2025 lawsuit , filed in the last days of the Biden administration, relates to how Musk purchased a 9 percent stake in Twitter in 2022 and failed to disclose it within 10 days as required under US law. The Securities and Exchange Commission alleged that "Musk was able to continue purchasing shares at artificially low prices, allowing him to underpay by at least $150 million for shares he purchased after his beneficial ownership report was due.” Twitter's stock price soared after Musk belatedly disclosed his stake, and he bought the company outright later in 2022. The Biden SEC's January 2025 lawsuit demanded that Musk "pay disgorgement of his unjust enrichment as a result of his violation," plus interest and a separate civil penalty. But the SEC had investigated the late disclosure and related matters for nearly three years before filing the lawsuit, leaving no time to litigate the case before the Trump administration took over. Read full article Comments