ProFrac Holding press release ( ACDC ): Q1 Net loss was $81 million compared to net loss of $141 million in the fourth quarter Adjusted EBITDA was $54 million compared to $61 million in the fourth quarter; 12% of revenue in the first quarter compared to 14% of revenue in the fourth quarter Net cash provided by operating activities was $9 million compared to $50 million in the fourth quarter Capita...
ProFrac Holding press release ( ACDC ): Q1 Net loss was $81 million compared to net loss of $141 million in the fourth quarter Adjusted EBITDA was $54 million compared to $61 million in the fourth quarter; 12% of revenue in the first quarter compared to 14% of revenue in the fourth quarter Net cash provided by operating activities was $9 million compared to $50 million in the fourth quarter Capital expenditures totaled $41 million compared to $37 million in the fourth quarter Free cash flow² negative $25 million compared to $14 million in the fourth quarter Revenue of $450M (+3.0% Y/Y) beats by $19.91M . More on ProFrac Holding ProFrac: Middle East War Not The Only Reason It's Going Up ProFrac: Unwarranted Optimism Given Significant Uncertainty ProFrac Holding Corp. (ACDC) Q4 2025 Earnings Call Transcript ProFrac targets $100M cost savings and launches Machina AI suite as capital discipline advances Seeking Alpha’s Quant Rating on ProFrac Holding
Key PointsIt's been another phenomenal year for the stock market, with the S&P 500 and Nasdaq Composite hitting new highs this week, and the Dow Jones Industrial Average topping 50,000 earlier this year.
Key PointsIt's been another phenomenal year for the stock market, with the S&P 500 and Nasdaq Composite hitting new highs this week, and the Dow Jones Industrial Average topping 50,000 earlier this year.
J Studios/DigitalVision via Getty Images Market Review The quarter was defined by a balance between economic resilience and rising geopolitical and macro uncertainty. Markets faced headwinds from weakness in Technology/Software (driven by AI disruption concerns) and escalating geopolitical tensions, though supportive macroeconomic conditions helped offset some of the pressure. Labor market signals...
J Studios/DigitalVision via Getty Images Market Review The quarter was defined by a balance between economic resilience and rising geopolitical and macro uncertainty. Markets faced headwinds from weakness in Technology/Software (driven by AI disruption concerns) and escalating geopolitical tensions, though supportive macroeconomic conditions helped offset some of the pressure. Labor market signals were mixed and inflation remained above target, but expectations for earnings growth, fiscal stimulus, and eventual tariff stabilization helped anchor the outlook. Late in the quarter, geopolitical risks intensified as tensions in the Middle East disrupted energy markets and pushed oil prices higher, delaying expectations for rate cuts and introducing near-term inflation risks. Despite this backdrop, the underlying economy remained constructive, supported by solid consumer spending, continued earnings momentum, and expectations for longer-term policy support. 1 Portfolio Review The Fund returned -0.44%, reflecting performance at the net asset value (NAV) of Class I shares with all distributions reinvested for the quarter ended March 31, 2026, compared to the -2.81% return of the Fund's benchmark, the Russell 2000® Growth Index 2 . Security selection within the Industrials sector contributed to relative performance over the period, driven by an allocation to Comfort Systems USA, Inc. ( FIX ) (3.1%), an engineering and construction company. Although security selection within the Health Care sector was a net detractor to relative performance, the Fund's allocation to Terns Pharmaceuticals, Inc. (TERN) (1.5%), a clinical-stage biopharmaceutical company, was a notable contributor. Security selection within the Communication Services sector detracted from relative performance over the period, driven by an allocation to Reddit, Inc. ( RDDT ) (1.1%), an entertainment, social networking, and news website. Security selection within the Materials sector also detracted from relative p...
(RTTNews) - European stocks were broadly lower on Thursday after posting strong gains in the previous session on AI-driven optimism and hopes for a quick end to the Middle East conflict.
(RTTNews) - European stocks were broadly lower on Thursday after posting strong gains in the previous session on AI-driven optimism and hopes for a quick end to the Middle East conflict.
JHVEPhoto/iStock Editorial via Getty Images The reason I recommended this stock as a buy in my February 2026 article and remain interested in it is that Celestica ( CLS ) is one of the market’s most undervalued AI infrastructure companies. The market still values Celestica too much like an Electronics Manufacturing Services ("EMS") contractor, but the company is increasingly performing like an ODM...
JHVEPhoto/iStock Editorial via Getty Images The reason I recommended this stock as a buy in my February 2026 article and remain interested in it is that Celestica ( CLS ) is one of the market’s most undervalued AI infrastructure companies. The market still values Celestica too much like an Electronics Manufacturing Services ("EMS") contractor, but the company is increasingly performing like an ODM (Original Design Manufacturer), and if adjusted operating margins continue to move toward 10%, the stock's valuation could improve meaningfully from the current level. An ODM company that owns the product's design IP, but allows its customer to rebrand it, can generate higher margins than an EMS company, which lacks IP ownership and simply manufactures products according to the customer's design. Celestica has several leading-edge products in its Hardware Platform Solutions ("HPS") division (the ODM portion of the company) that are expected to come online in the second half of 2026 and into 2027, which should support a move to a much higher margin level. Although investors are increasingly pricing in improving margins, with Celestica's stock price up 369.6% over the last year, the market has yet to award a premium valuation relative to its peers. In some valuation comparisons, the market assigns higher valuations to Jabil ( JBL ), Flex ( FLX ), and Sanmina ( SANM ), despite Celestica having a stronger margin profile. Data by YCharts EMS manufacturers typically have non-GAAP (generally accepted accounting principles) adjusted operating margins in the mid-single digits. For instance, in its latest quarter, Flex ( FLEX ) had a non-GAAP operating margin of 6.5% , while Jabil had 5.26% , and Sanmina had a non-GAAP operating margin of 6.4% . In contrast, Celestica's non-GAAP adjusted operating margin continued to inch up toward levels where it is clearly separating itself from its peers; it expanded first quarter fiscal year ("FY") 2026 adjusted operating margins by 90 basis poi...
Investors may be wondering whether Advanced Micro Devices stock still offers value at current levels, or if the price already reflects the story they are buying into. The stock last closed at US$421.39, with returns of 18.9% over 7 days, 90.2% over 30 days, 88.6% year to date and 314.3% over 1 year. This naturally raises questions about what is already priced in. Recent headlines around Advanced M...
Investors may be wondering whether Advanced Micro Devices stock still offers value at current levels, or if the price already reflects the story they are buying into. The stock last closed at US$421.39, with returns of 18.9% over 7 days, 90.2% over 30 days, 88.6% year to date and 314.3% over 1 year. This naturally raises questions about what is already priced in. Recent headlines around Advanced Micro Devices have focused on its role in high performance semiconductors and its position in...
Solvay press release ( SVYSF ): Q1 net profit came in at €76 million, or €0.73 per share, versus €99 million, or €0.93 per share last year. Profit attributable to shareholders of €26 million, or €0.24 per share, down from €81 million, or €0.77 per share, a year earlier. Solvay reported Q1 2026 underlying EBITDA of €219 million, down 10.1% organically year over year. Underlying net sales fell 8.5% ...
Solvay press release ( SVYSF ): Q1 net profit came in at €76 million, or €0.73 per share, versus €99 million, or €0.93 per share last year. Profit attributable to shareholders of €26 million, or €0.24 per share, down from €81 million, or €0.77 per share, a year earlier. Solvay reported Q1 2026 underlying EBITDA of €219 million, down 10.1% organically year over year. Underlying net sales fell 8.5% organically to €997 million amid weaker volumes and pricing pressure. EBITDA margin came in at 21.9%, supported by €22 million in structural cost savings during the quarter. Solvay maintained its FY2026 guidance for underlying EBITDA of €770 million-€850 million and free cash flow above €200 million. More on Solvay SA Solvay: Why I Added To My Position In This High-Yielding Stock Solvay SA (SLVYY) Q4 2025 Earnings Call Transcript Solvay SA 2025 Q4 - Results - Earnings Call Presentation Solvay GAAP EPS of €0.13, revenue of €995M; introduces FY26 outlook Seeking Alpha’s Quant Rating on Solvay SA