Apple on Thursday reported results that beat Wall Street estimates, with customers showing eagerness to buy a new MacBook model driven by incoming CEO John Ternus, while supply constraints hindered iPhone sales. Apple said sales and profits were $111.18 billion and $2.01 per share for the fiscal second quarter ended March 28, above analyst expectations of $109.66 billion and $1.95 per share, acc...
Apple on Thursday reported results that beat Wall Street estimates, with customers showing eagerness to buy a new MacBook model driven by incoming CEO John Ternus, while supply constraints hindered iPhone sales. Apple said sales and profits were $111.18 billion and $2.01 per share for the fiscal second quarter ended March 28, above analyst expectations of $109.66 billion and $1.95 per share, according to LSEG. Sales of the iPhone, still the company's best-selling product nearly 20 years after its introduction, were $56.99 billion, slightly less than estimates of $57.21 billion, according to LSEG data, after the biggest revamp of the lineup since the iPhone X in 2017.
Bloomberg’s Caroline Hyde and Ed Ludlow discuss tech earnings as Alphabet and Amazon see a clear payoff from their AI spending, while Meta lags behind. Plus, Anthropic has begun weighing a fresh funding round that would value the AI developer at more than $900 billion. And, Stripe President John Collison discusses the company's new AI tools and partnership with Google. (Source: Bloomberg)
Bloomberg’s Caroline Hyde and Ed Ludlow discuss tech earnings as Alphabet and Amazon see a clear payoff from their AI spending, while Meta lags behind. Plus, Anthropic has begun weighing a fresh funding round that would value the AI developer at more than $900 billion. And, Stripe President John Collison discusses the company's new AI tools and partnership with Google. (Source: Bloomberg)
Gresham House plans to raise a fund targeting roughly €1 billion ($1.2 billion) to give investors access to the growing market for battery-storage systems, according to a person familiar with the matter. The London-based alternative asset manager intends for the fund to focus on battery investments in Europe, the person said, declining to be identified discussing non-public information. The goal w...
Gresham House plans to raise a fund targeting roughly €1 billion ($1.2 billion) to give investors access to the growing market for battery-storage systems, according to a person familiar with the matter. The London-based alternative asset manager intends for the fund to focus on battery investments in Europe, the person said, declining to be identified discussing non-public information. The goal will be utility-scale battery deployment, the person said. A spokesperson for Gresham House declined to comment. Battery storage has emerged as a critical technology to ease pressure on Europe’s ailing power grid as the region ratchets up its build-out of renewables. A shortage of storage capacity is forcing the European Union to look for ways to curb supply, with Germany alone set to spend as much as €3.7 billion this year on power curtailment. Read More: Cheap Batteries Are Driving a Global Energy Storage Revolution Battery operators make money by soaking up excess power when electricity prices are low and selling it back to grids when prices rise. They can also profit from providing load balance to electricity markets. Reliance on giant batteries is growing , with installations in Europe set to increase about fivefold in the five years through 2030. “Battery energy storage systems are no longer considered optional but a necessity to balance renewable generation,” Tony Dalwood , Gresham House’s chief executive officer, said in an interview, declining to discuss the fund. “We continue to see fantastic opportunities across Europe and beyond.” Gresham introduced its first battery-focused fund in 2018, primarily serving the UK market. Known as Gresham House Energy Storage Fund , it currently has a net asset value of roughly $860 million, the person familiar also said. Deploying batteries at scale still faces a range of hurdles, including lengthy permitting and growing pushback from communities concerned about fire risks from lithium-ion batteries. And battery operators often w...
(RTTNews) - Sandisk Corp. (SNDK) on Thursday reported third-quarter results, swinging to profit as revenues soared 251%, driven by strong pricing and accelerating demand from high-value data-center customers.
(RTTNews) - Sandisk Corp. (SNDK) on Thursday reported third-quarter results, swinging to profit as revenues soared 251%, driven by strong pricing and accelerating demand from high-value data-center customers.
DiamondRock Hospitality press release ( DRH ): Q1 FFO of $0.22 beats by $0.03 . Revenue of $258.2M (+2.5% Y/Y) beats by $1.19M . The Company is raising its 2026 guidance to reflect the better than expected first quarter results, as well as the benefit of a more favorable insurance renewal. The Company anticipates full year 2026 results to be in the following ranges: Metric Previous 2026 Guidance C...
DiamondRock Hospitality press release ( DRH ): Q1 FFO of $0.22 beats by $0.03 . Revenue of $258.2M (+2.5% Y/Y) beats by $1.19M . The Company is raising its 2026 guidance to reflect the better than expected first quarter results, as well as the benefit of a more favorable insurance renewal. The Company anticipates full year 2026 results to be in the following ranges: Metric Previous 2026 Guidance Current 2026 Guidance Comparable RevPAR Growth 1% to 3% 1.5% to 3.5% 0.5 % Comparable Total RevPAR Growth 1.25% to 3.25% 1.75% to 3.75% 0.5 % Adjusted EBITDA (in millions) $287 to $302 $296 to $308 $ 7.5 Adjusted FFO (in millions) $227 to $242 $233.5 to $245.5 $ 5.0 Adjusted FFO per share $1.09 to $1.16 $1.12 to $1.18 $0.03 Click to enlarge More on DiamondRock Hospitality DiamondRock Hospitality Company: Set To Shine DiamondRock Hospitality Company (DRH) Q4 2025 Earnings Call Transcript DiamondRock Hospitality Q1 2026 Earnings Preview Quant ratings uncover top & bottom mid-cap REIT stocks ahead of Q1 earnings Seeking Alpha’s Quant Rating on DiamondRock Hospitality
CUPERTINO, Calif., April 30, 2026--Apple® today announced financial results for its fiscal 2026 second quarter ended March 28, 2026. The Company posted quarterly revenue of $111.2 billion, up 17 percent year over year. Diluted earnings per share was $2.01, up 22 percent year over year.
CUPERTINO, Calif., April 30, 2026--Apple® today announced financial results for its fiscal 2026 second quarter ended March 28, 2026. The Company posted quarterly revenue of $111.2 billion, up 17 percent year over year. Diluted earnings per share was $2.01, up 22 percent year over year.
Shreveport, Louisiana, April 30, 2026 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended March 31, 2026, of $1.472 million compared to net income of $748,000 reported for the three months ended March 31, 2025. The Company’s basic and diluted earnings per share were $0.4...
Shreveport, Louisiana, April 30, 2026 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended March 31, 2026, of $1.472 million compared to net income of $748,000 reported for the three months ended March 31, 2025. The Company’s basic and diluted earnings per share were $0.49 and $0.48, respectively, for the three months ended March 31, 2026, compared to $0.24 for the three months ended March 31, 2025. The Company reported net income of $4.746 million for the nine months ended March 31, 2026, compared to $2.708 million for the nine months ended March 31, 2025. The Company’s basic and diluted earnings per share were $1.57 and $1.55, respectively, for the nine months ended March 31, 2026, compared to $0.88 for the nine months ended March 31, 2025.
MONTRÉAL, April 30, 2026 (GLOBE NEWSWIRE) -- Air Canada today reported its financial results for the first quarter of 2026 and provided financial guidance for the second quarter 2026. Given the volatility and uncertainty in relation to jet fuel prices for the second half of the year, Air Canada has suspended its full‑year 2026 financial guidance.
MONTRÉAL, April 30, 2026 (GLOBE NEWSWIRE) -- Air Canada today reported its financial results for the first quarter of 2026 and provided financial guidance for the second quarter 2026. Given the volatility and uncertainty in relation to jet fuel prices for the second half of the year, Air Canada has suspended its full‑year 2026 financial guidance.
GAITHERSBURG, Md., April 30, 2026 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) today reported financial results for the first quarter ended March 31, 2026.
GAITHERSBURG, Md., April 30, 2026 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) today reported financial results for the first quarter ended March 31, 2026.
TORONTO, April 30, 2026 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the first quarter ended March 31, 2026, and declared a quarterly cash dividend...
TORONTO, April 30, 2026 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the first quarter ended March 31, 2026, and declared a quarterly cash dividend of $0.05 per share.
MONTRÉAL, 30 avr. 2026 (GLOBE NEWSWIRE) -- Air Canada a présenté aujourd’hui ses résultats financiers pour le premier trimestre de 2026 et a annoncé ses prévisions financières pour le deuxième trimestre de 2026. Compte tenu de la volatilité et de l’incertitude entourant les prix du carburant d’aviation au deuxième semestre de 2026, Air Canada a suspendu ses prévisions pour l’ensemble de l’exercice...
MONTRÉAL, 30 avr. 2026 (GLOBE NEWSWIRE) -- Air Canada a présenté aujourd’hui ses résultats financiers pour le premier trimestre de 2026 et a annoncé ses prévisions financières pour le deuxième trimestre de 2026. Compte tenu de la volatilité et de l’incertitude entourant les prix du carburant d’aviation au deuxième semestre de 2026, Air Canada a suspendu ses prévisions pour l’ensemble de l’exercice 2026.
watch now Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Real Estate Why Portland's empty store fronts are causing a budget crisis Cities in the US are finally seeing easing in office and retail vacancies after years of a post-pandemic crunch in the commercial real estate space. However, for mid-sized cities like Portland Oregon the st...
watch now Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Real Estate Why Portland's empty store fronts are causing a budget crisis Cities in the US are finally seeing easing in office and retail vacancies after years of a post-pandemic crunch in the commercial real estate space. However, for mid-sized cities like Portland Oregon the story is a little different. Empty store fronts, vacant office buildings, and a struggling downtown isn't just an eye sore, its having a real impact on the city's bottom line. CNBC's Diana Olick talks the city's plans to bring foot traffic back to its downtown. 04:10 an hour ago Diana Olick Devan Burris Darren Geeter Shawn Baldwin Andrea Miller
hapabapa/iStock Editorial via Getty Images When I last checked on pharmaceutical stock AbbVie ( ABBV ) in January, a price correction was on the cards, as the company was due to sign the MFN agreement and its market multiples were elevated too. This has played out, with over a 7% drop in share price since, even as the S&P 500 ( SP500 ) has seen some uptick since. The question now is whether there'...
hapabapa/iStock Editorial via Getty Images When I last checked on pharmaceutical stock AbbVie ( ABBV ) in January, a price correction was on the cards, as the company was due to sign the MFN agreement and its market multiples were elevated too. This has played out, with over a 7% drop in share price since, even as the S&P 500 ( SP500 ) has seen some uptick since. The question now is whether there's further downside to the stock. Yes and No. In what can be a short-term earnings negative, recent news reports say that AbbVie is set to buy the clinical-stage cancer therapy treatment company Kestrel Therapeutics. If the purchase does go through, impacting ABBV negatively, the company's just-released Q1 2026 results can be a balancing factor for the stock price. Here, I look at both developments to assess what's next for ABBV. Price Returns (Jan 4, 2026 - Present): ABBV, XLV and SP500 (Source: Seeking Alpha) Implications of the potential Kestrel purchase The speculation of acquisition comes as AbbVie became the funding partner in Kestrel's development of KST-6051, the treatment aimed at inhibiting tumor growth. The companies' agreement already gives AbbVie the exclusive option of buying Kestrel out in a deal whose value could touch $1.45 billion. Below is an assessment of how the possible acquisition could impact AbbVie's financials: Little balance sheet impact With AbbVie reporting cash and cash equivalents of $5.3 billion in 2025, even if it were to pay the entire amount of deal value upfront in cash, it would still be affordable. But even if it were to raise debt for the same, there would scarcely be a balance sheet impact. For context, its net debt-to-EBITDA ratio for 2025 was at a decent 2.15x and rises marginally to 2.2x if the deal amount is factored in. Uncertain impact on revenues As Kestrel is unlikely to be revenue-generating meaningfully right now, its future sales value can be inferred from the deal value. With the value representing enterprise valuation and ...
sefa ozel/E+ via Getty Images Sandisk ( SNDK ) released its third quarter fiscal 2026 financial results post-market on Thursday, which shattered estimates as its revenue surged more than 250% year over year. For the quarter ended March 31, the storage device manufacturer reported adjusted earnings per share of $23.41 versus the consensus estimate of $14.66. Revenue for the third quarter increased ...
sefa ozel/E+ via Getty Images Sandisk ( SNDK ) released its third quarter fiscal 2026 financial results post-market on Thursday, which shattered estimates as its revenue surged more than 250% year over year. For the quarter ended March 31, the storage device manufacturer reported adjusted earnings per share of $23.41 versus the consensus estimate of $14.66. Revenue for the third quarter increased 252% year over year to $5.95B, which was much more than the $4.73B estimate. Sandisk's adjusted gross margin of 78.4% also topped the 67.3% estimate. Looking ahead, Sandisk expects fourth-quarter revenue to range from $7.75B to $8.25B and adjusted EPS to range from $30 to $33. The consensus estimate expected revenue of $6.65B and EPS of $23.38. "This quarter marks a fundamental inflection point for Sandisk — where our technology leadership is enabling a deliberate shift in our mix toward the highest-value end markets, led by Datacenter," said CEO David Goeckeler . "We are also advancing to a new business model built on multi-year customer engagements backed by firm financial commitments. Together, this transformation is driving structurally higher and more durable earnings power. With a zero-debt balance sheet, strong cash generation, and a recently authorized share repurchase program, we are positioned to deliver substantial long-term value creation for our shareholders." More on Sandisk Corporation Sandisk: The AI Memory Bottleneck Is Shifting - And Market Hasn't Caught Up Sandisk's NAND Supercycle: Why I'm Calling For A Strong Buy Before Q3 Earnings Sandisk: A High Beta Play For NAND Memory As AI Demand Surges Sandisk Corporation Non-GAAP EPS of $23.41 beats by $8.75, revenue of $5.95B beats by $1.22B Sandisk edges up ahead of Q3 earnings; Morgan Stanley increases estimates, target
Wayfair CFO Kate Gulliver said despite an earnings miss by the furniture seller the company feels 'great' about the growth outlook. Gulliver said Wayfiar is less focused on when 'challenged' consumers will recover, but the strength of internal initiatives that she believes will drive growth. (Source: Bloomberg)
Wayfair CFO Kate Gulliver said despite an earnings miss by the furniture seller the company feels 'great' about the growth outlook. Gulliver said Wayfiar is less focused on when 'challenged' consumers will recover, but the strength of internal initiatives that she believes will drive growth. (Source: Bloomberg)
Matthews press release ( MATW ): Q2 Non-GAAP EPS of $0.37 beats by $0.22 . Revenue of $258.6M (-39.5% Y/Y) beats by $4.95M . Arbitrator reaffirms Matthews' right to develop, produce, market and sell proprietary dry battery electrode solutions to third parties Propelis JV achieves key milestone toward executing on synergy targets Bond refinancing and reduced debt drive lower recurring interest expe...
Matthews press release ( MATW ): Q2 Non-GAAP EPS of $0.37 beats by $0.22 . Revenue of $258.6M (-39.5% Y/Y) beats by $4.95M . Arbitrator reaffirms Matthews' right to develop, produce, market and sell proprietary dry battery electrode solutions to third parties Propelis JV achieves key milestone toward executing on synergy targets Bond refinancing and reduced debt drive lower recurring interest expense Company maintains outlook for fiscal 2026 More on Matthews Matthews International: Propelis Exit In 18-24 Months Matthews International Corporation (MATW) Q1 2026 Earnings Call Transcript Matthews International Corporation 2026 Q1 - Results - Earnings Call Presentation Matthews Q2 2026 Earnings Preview Matthews International signals $180M adjusted EBITDA target for 2026 as balance sheet improves and Propelis outperforms
Corcept Therapeutics press release ( CORT ): Q1 GAAP EPS of -$0.30 misses by $0.16 . Revenue of $164.9M (+4.9% Y/Y) misses by $21.71M . Increased 2026 revenue guidance to $950 – $1,050 million vs consensus of $933.15M. Shares -2.2% AH. More on Corcept Therapeutics Corcept Gains FDA Approval In Ovarian Cancer (Rating Upgrade) Why Corcept's Ovarian Cancer 'Hail Mary' Might Actually Land Corcept Ther...
Corcept Therapeutics press release ( CORT ): Q1 GAAP EPS of -$0.30 misses by $0.16 . Revenue of $164.9M (+4.9% Y/Y) misses by $21.71M . Increased 2026 revenue guidance to $950 – $1,050 million vs consensus of $933.15M. Shares -2.2% AH. More on Corcept Therapeutics Corcept Gains FDA Approval In Ovarian Cancer (Rating Upgrade) Why Corcept's Ovarian Cancer 'Hail Mary' Might Actually Land Corcept Therapeutics Incorporated (CORT) Q4 2025 Earnings Call Transcript Corcept Therapeutics Q1 2026 Earnings Preview The ClearBridge Small-Cap Strategy reports portfolio changes with multiple initiations and exits in Q1 2026
Five9 press release ( FIVN ): Q1 Non-GAAP EPS of $0.76 beats by $0.08 . Revenue of $305.32M (+9.2% Y/Y) beats by $5.25M . Q1 Subscription Revenue grew 13% year-over-year Announces $90 million accelerated share repurchase to complete $150 million program Announces authorization for a new $200 million share repurchase program LTM subscription and telecom dollar-based retention rate was 105% as of Ma...
Five9 press release ( FIVN ): Q1 Non-GAAP EPS of $0.76 beats by $0.08 . Revenue of $305.32M (+9.2% Y/Y) beats by $5.25M . Q1 Subscription Revenue grew 13% year-over-year Announces $90 million accelerated share repurchase to complete $150 million program Announces authorization for a new $200 million share repurchase program LTM subscription and telecom dollar-based retention rate was 105% as of March 31, 2026 LTM subscription dollar-based retention rate was 107% as of March 31, 2026 For the full year 2026, Five9 expects to report: Revenue in the range of $1.254 to $1.266 billion vs $1.26B consensus GAAP net income per share in the range of $0.73 to $0.85, assuming diluted shares outstanding of approximately 85.4 million. Non-GAAP net income per share in the range of $3.22 to $3.30 vs $3.19 consensus, assuming diluted shares outstanding of approximately 76.0 million. For the second quarter of 2026, Five9 expects to report: Revenue in the range of $303.0 to $309.0 million vs $305.42M consensus, GAAP net loss per share in the range of $(0.09) to $0.00, assuming basic shares outstanding of approximately 75.3 million. Non-GAAP net income per share in the range of $0.65 to $0.69 vs $0.74 consensus, assuming diluted shares outstanding of approximately 75.4 million. Shares +23% . More on Five9 Five9, Inc. (FIVN) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript After Strong Q4 Result, Five9 Looks Appealing For Contrarians Five9, Inc. (FIVN) Q4 2025 Earnings Call Transcript Five9 Q1 2026 Earnings Preview Five9 surges after Q4 beat