Image source: The Motley Fool. Tuesday, March 3, 2026 at 4:30 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Jeffrey Hawkins Chief Financial Officer — Jeffry R. Keyes Investor Relations — Risa Lindsay TAKEAWAYS Quarterly revenue -- $0.5 million, driven by capital sales headwinds and deliberate focus on preparing for Proteus launch. -- $0.5 million, driven by capital sales headwi...
Image source: The Motley Fool. Tuesday, March 3, 2026 at 4:30 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Jeffrey Hawkins Chief Financial Officer — Jeffry R. Keyes Investor Relations — Risa Lindsay TAKEAWAYS Quarterly revenue -- $0.5 million, driven by capital sales headwinds and deliberate focus on preparing for Proteus launch. -- $0.5 million, driven by capital sales headwinds and deliberate focus on preparing for Proteus launch. Fiscal full-year revenue (period ended Dec. 31, 2025) -- $2.4 million, comprised of Platinum line instruments, consumable kits, and related services. -- $2.4 million, comprised of Platinum line instruments, consumable kits, and related services. Gross margin (fiscal Q4) -- 27%, impacted by a higher proportion of consumables and inventory adjustments. -- 27%, impacted by a higher proportion of consumables and inventory adjustments. Gross margin (fiscal full-year) -- 47%, reflecting a higher mix of instrument sales and lower inventory adjustments than in the fourth quarter. -- 47%, reflecting a higher mix of instrument sales and lower inventory adjustments than in the fourth quarter. GAAP operating expenses (fiscal Q4) -- $21.2 million, down from $31.3 million in the previous year period. -- $21.2 million, down from $31.3 million in the previous year period. Adjusted operating expenses (fiscal Q4) -- $18.3 million versus $26.7 million in the prior year quarter. -- $18.3 million versus $26.7 million in the prior year quarter. GAAP operating expenses (fiscal 2025) -- $117.3 million, including approximately $18.7 million in charges mainly related to lease facility termination and litigation settlements. -- $117.3 million, including approximately $18.7 million in charges mainly related to lease facility termination and litigation settlements. Adjusted operating expenses (fiscal 2025) -- $86.3 million, down from $99 million, indicating targeted cost management and focused R&D toward Proteus. -- $86.3 million, down from $99 ...
Humans' pull toward alcohol may have ancient origins (according to chimp pee) Scientists learned that wild African chimpanzees consume alcohol by eating fermented fruit, suggesting that human attraction to alcohol may have ancient evolutionary origins. JUANA SUMMERS, HOST: Ever wonder why people are so drawn to alcohol? Where does that attraction come from? Science reporter Ari Daniel says perhaps...
Humans' pull toward alcohol may have ancient origins (according to chimp pee) Scientists learned that wild African chimpanzees consume alcohol by eating fermented fruit, suggesting that human attraction to alcohol may have ancient evolutionary origins. JUANA SUMMERS, HOST: Ever wonder why people are so drawn to alcohol? Where does that attraction come from? Science reporter Ari Daniel says perhaps we should look to our primate relatives. ARI DANIEL, BYLINE: Late last summer, Aleksey Maro was in the Ugandan rainforest collecting chimpanzee urine. ALEKSEY MARO: The most consistent predictable time is in the morning. Just like people, the first thing they do when they wake up is they go pee. DANIEL: Maro, a Ph.D. student at UC Berkeley, had a few collection techniques. One involved catching urine droplets from the chimps overhead in a plastic bag stretched over a forked branch. Sharifah Namaganda is a Ph.D. candidate at the University of Michigan who assisted in the field. SHARIFAH NAMAGANDA: You need to make sure that you are not going to be splashed. But plastic bag pee is the best pee you can get, and it is also the sample that will make you most proud. DANIEL: Because it's not contaminated and can be collected quickly. Each time the team got a sample, Aleksey Maro tested it to see if the chimp had been metabolizing alcohol. MARO: Chimpanzees consume 10 pounds of fruit pulp per day on average - African star apple. It's delicious, too. I tried some. DANIEL: And when fruits like this ripen, they can ferment, producing alcohol. MARO: In primates, it could be that when you smell alcohol, that means that's where the sugars are. DANIEL: A shortcut for getting more calories, perhaps, though to be clear, primates aren't likely consuming enough to get drunk. But maybe it's this association with a sugary reward that explains where our attraction to alcohol first originated and why we still gravitate towards it today. Sharifah Namaganda says great apes... NAMAGANDA: They provi...
Dexterra Group press release ( HZNOF ): Q4 GAAP EPS of C$0.12. Revenue of C$271M (+9.4% Y/Y). More on Dexterra Group Seeking Alpha’s Quant Rating on Dexterra Group Historical earnings data for Dexterra Group Dividend scorecard for Dexterra Group Financial information for Dexterra Group
Dexterra Group press release ( HZNOF ): Q4 GAAP EPS of C$0.12. Revenue of C$271M (+9.4% Y/Y). More on Dexterra Group Seeking Alpha’s Quant Rating on Dexterra Group Historical earnings data for Dexterra Group Dividend scorecard for Dexterra Group Financial information for Dexterra Group
Rayonier Advanced Materials (RYAM) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -211.11%. A quarter ago, it was expected that this maker of cellulose products would post a loss...
Rayonier Advanced Materials (RYAM) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -211.11%. A quarter ago, it was expected that this maker of cellulose products would post a loss of $0.07 per share when it actually produced a loss of $0.07, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Rayonier Advanced Materials, which belongs to the Zacks Paper and Related Products industry, posted revenues of $417 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 14.09%. This compares to year-ago revenues of $422 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Rayonier Advanced Materials shares have added about 62.3% since the beginning of the year versus the S&P 500's gain of 0.5%. What's Next for Rayonier Advanced Materials? While Rayonier Advanced Materials has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an...
Earnings Call Insights: Grupo Supervielle S.A. (SUPV) Q4 2025 Management View CEO Julio Patricio Supervielle stated that "In the fourth quarter, we delivered results within our guidance range and positioned the balance sheet for industry recovery. The period was marked by elevated system-wide credit stress, which we were not immune to. However, in several key areas, we outperformed the industry." ...
Earnings Call Insights: Grupo Supervielle S.A. (SUPV) Q4 2025 Management View CEO Julio Patricio Supervielle stated that "In the fourth quarter, we delivered results within our guidance range and positioned the balance sheet for industry recovery. The period was marked by elevated system-wide credit stress, which we were not immune to. However, in several key areas, we outperformed the industry." He highlighted total loans growing 8% sequentially and 37% year-over-year, driven by corporates now representing 63% of the portfolio. Retail balances declined as the company prioritized risk-adjusted returns due to volatility. Asset quality reflected system-wide stress with the NPL ratio rising to 5% and cost of risk reaching the upper guidance range. Funding remained resilient despite deliberate balance sheet deleveraging, and U.S. dollar deposits increased 42% year-over-year, gaining 60 basis points of market share. CEO Supervielle reported an attributable net loss of AR 19.5 billion, a significant improvement over the previous quarter, citing "margin recovery and strict cost control despite elevated cost of risk." NIM rebounded sequentially, and personnel expenses declined 6% quarter-over-quarter. CET1 increased to 15.4%, up 220 basis points. Supervielle emphasized digital transformation, noting "More than 70% of transactions are digital, reinforcing both engagement and operating efficiency." The Supervielle app was positioned as a central financial hub, while cross-selling with EOL targeted high-value brokerage clients. The company aims to scale assets under custody in a disciplined way leveraging digital capabilities and ecosystem integration. CFO Mariano Biglia stated, "We reported an attributable net loss of nearly CLP 20 billion in the fourth quarter, improving materially from the CLP 55 billion loss in the prior quarter. November marked a turning point with declining rates supporting better margins towards year-end. Client net financial income increased 21% sequen...
Oil extended gains as fresh attacks flared in the Middle East and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz, with traffic in the vital waterway all but halted. West Texas Intermediate rose above $75 a barrel after rallying 11% over two days, the biggest gain in four years. Brent closed near $81. President Donald Trump said on Tuesday that the US In...
Oil extended gains as fresh attacks flared in the Middle East and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz, with traffic in the vital waterway all but halted. West Texas Intermediate rose above $75 a barrel after rallying 11% over two days, the biggest gain in four years. Brent closed near $81. President Donald Trump said on Tuesday that the US International Development Finance Corporation would offer insurance to vessels to help ensure the flow of energy and other trade, providing a naval escort “if necessary.” The US move follows signs of mounting disruption for producers in the region from the closure of the waterway. Iraq — the second-biggest OPEC producer — has begun closing the Rumaila field, the nation’s biggest, and the West Qurna 2 project, according to people familiar with the matter. When complete, the halts will stop a majority of the country’s output. The global oil market has been pitched into turmoil by the US and Israeli war against Iran, with strikes and counter-strikes spreading across the Middle East. The war has halted trade, driven producers to lock in output , and forced the closure of a major refinery and gas-export plant. Surging prices of crude, gas and petroleum products have raised the specter of a global energy crisis . Hostilities continued into Wednesday, the fifth day of the conflict. The Israel Defense Forces said they had begun a “broad wave of strikes” targeting Iranian launch sites, aerial defense systems and infrastructure. The Strait of Hormuz is a narrow waterway that connects the Persian Gulf to the Indian Ocean, with Iran to its north. It’s an essential conduit for the global energy trade, carrying about a fifth of the world’s oil and gas. Since the outbreak of the war last Saturday, tankers have shunned the chokepoint given the mounting risks, including threats from Tehran against vessels. “No matter what, the United States will ensure the FREE FLOW of ENERGY to the WORLD,” t...
Earnings Call Insights: Alamo Group Inc. (ALG) Q4 2025 Management View Robert Hureau, President, CEO & Director, shared that "the fourth quarter was the first full quarter during which I've been at the helm at the Alamo Group." He highlighted new strategic initiatives, the completion of a manufacturing expansion in France, and ongoing development of a framework for long-term growth. Hureau emphasi...
Earnings Call Insights: Alamo Group Inc. (ALG) Q4 2025 Management View Robert Hureau, President, CEO & Director, shared that "the fourth quarter was the first full quarter during which I've been at the helm at the Alamo Group." He highlighted new strategic initiatives, the completion of a manufacturing expansion in France, and ongoing development of a framework for long-term growth. Hureau emphasized, "I am more confident and excited today about where we expect to take this company over the next 3 to 5 years than I was when I joined just a short time ago." Agnes Kamps, Executive VP, CFO, Interim Chief Accounting Officer & Treasurer, reported, "Net sales for the fourth quarter of 2025 were $373.7 million, down 3% compared to the fourth quarter of 2024." She also noted decreased gross profit and margin, increased SG&A expenses, and highlighted $7.3 million in restructuring expenses and $1.6 million in acquisition-related costs. Kamps stated, "Adjusted EBITDA for the fourth quarter of 2025 was $44.8 million or 12% of net sales compared to adjusted EBITDA of $51.8 million or 13.4% of net sales for the fourth quarter of 2024." Hureau detailed that the Industrial Equipment division delivered net sales of $234.9 million, up 4.2%, with adjusted EBITDA margin expansion to 17.7%. He called out strong performance in excavator, vacuum, sweeper, and safety businesses, while snow business softened due to an unusually strong prior-year comparison. He further explained, "Net orders during the fourth quarter of 2025 were up 21% compared to the prior year." Net sales for the Vegetation Management division dropped 13.2% to $138.7 million, with adjusted EBITDA falling to $3.2 million. Hureau attributed this to weak tree care and municipal mowing markets, production ramp-up delays, and inventory charges. However, he noted, "net sales in our U.S. agriculture business increased year-over-year in the fourth quarter." The acquisition of Petersen Industries was closed in January 2026, funded...
French President Emmanuel Macron on Tuesday ordered France’s nuclear-powered aircraft carrier to move from the Baltic Sea to the Mediterranean to help protect allied assets during the war in the Middle East. Macron said the Charles de Gaulle carrier will be escorted by frigates and its air wing. In a pre-recorded speech on French television, Macron added that Rafale fighter jets, air-defence syste...
French President Emmanuel Macron on Tuesday ordered France’s nuclear-powered aircraft carrier to move from the Baltic Sea to the Mediterranean to help protect allied assets during the war in the Middle East. Macron said the Charles de Gaulle carrier will be escorted by frigates and its air wing. In a pre-recorded speech on French television, Macron added that Rafale fighter jets, air-defence systems and airborne radar systems have been deployed over the past few hours in the Middle East. “And we will continue this effort as much as necessary,” Macron said. Advertisement France, the UK and Germany have previously said that they were not involved in the strikes on Iran by the United States and Israel that began late last week but were prepared to take defensive action to destroy Iran’s capability to fire missiles and drones. Macron, however, said that French forces had shot down drones “in legitimate self-defence in the very first hours of the conflict, to defend the airspace of our allies, who know they can rely on us”. He did not elaborate. Rafale jet fighters are seen on the deck of the Charles de Gaulle, off the coast of the city of Hyeres, in January 2020. Photo: AFP In explaining the need to move France’s aircraft carrier, Macron cited Monday’s strike on a British air force base on Cyprus, adding that Cyprus was a member of the European Union with which France has recently signed a strategic partnership.
China’s leaders are gathering in Beijing for the National People’s Congress as economic priorities collide with rising geopolitical risks abroad. Stephen Engle reports from Beijing with a preview of what to watch. (Source: Bloomberg)
China’s leaders are gathering in Beijing for the National People’s Congress as economic priorities collide with rising geopolitical risks abroad. Stephen Engle reports from Beijing with a preview of what to watch. (Source: Bloomberg)
Alones Creative/iStock via Getty Images Thesis Summary The recent breakout of war in Iran proves exactly why you need to own Nvidia Corporation ( NVDA ) Indeed, I fear that globalization has peaked, and “strategic assets” are now more important than ever. And Nvidia is the most strategic asset the U.S. has, which was proven in the last earnings call , as sovereign AI buildout continues to accelera...
Alones Creative/iStock via Getty Images Thesis Summary The recent breakout of war in Iran proves exactly why you need to own Nvidia Corporation ( NVDA ) Indeed, I fear that globalization has peaked, and “strategic assets” are now more important than ever. And Nvidia is the most strategic asset the U.S. has, which was proven in the last earnings call , as sovereign AI buildout continues to accelerate. Nvidia is no longer just “a chip company,” as I highlighted in my last article. It's a leader in software, networking, and system-level integration, and arguably the most relevant picks-and-shovels supplier to the AI arms race. That is what a strategic asset looks like. Yet Another Blowout Quarter In the last quarter , Nvidia just delivered $68.1B of revenue in Q4 (+73% YoY) and then increased their guidance to $78.0B next quarter. This, for the record, assumes no Data Center revenue from China. Nvidia revenue (Investor Slides) This just adds to the mountain of proof we have already seen this year that the AI trade is far from crowded. Management made it clear that infrastructure demand is so strong that Hopper and even much of the six-year-old Ampere products are sold out. And that’s not all that management said. Insights From the Earnings Call CEO Jensen Huang did not beat around the bush, laying out a very clear bullish path for Nvidia and AI. In this new world of AI, compute equals revenues…Tokens per watt translates to dollars per watt. Source: Q4 Earnings Call. We can no longer deny that AI translates into increased efficiency and revenue, and if you don’t believe me, consider the fact that Block ( XYZ ) just laid off 40% of its workforce . Every country will build and operate some parts of its AI infrastructure, just like with electricity and Internet today. Source: Earnings Call. This is key to understanding Nvidia as a strategic asset. Sovereign AI rollout is real and very much necessary, and Nvidia sits at the forefront of this. We don’t ship nodes of computer...
NYSE Group President, Lynn Martin and BlackRock Global Head of Market Development, Samara Cohen discuss regulatory, structural and corporate reforms aimed at revitalizing public markets with Bloomberg’s Reto Gregori at Bloomberg Invest 2026 in New York. (Source: Bloomberg)
NYSE Group President, Lynn Martin and BlackRock Global Head of Market Development, Samara Cohen discuss regulatory, structural and corporate reforms aimed at revitalizing public markets with Bloomberg’s Reto Gregori at Bloomberg Invest 2026 in New York. (Source: Bloomberg)