Suriyapong Thongsawang/iStock via Getty Images Markets hate uncertainty, and right now there’s plenty to go around. The outbreak of the U.S.-Iran conflict, followed by Iranian retaliation against oil infrastructure across the Persian Gulf, has sent crude prices surging and shipping rates soaring to record levels. I get the urge to reach for the sell button. When you see crude oil jumping to seven-...
Suriyapong Thongsawang/iStock via Getty Images Markets hate uncertainty, and right now there’s plenty to go around. The outbreak of the U.S.-Iran conflict, followed by Iranian retaliation against oil infrastructure across the Persian Gulf, has sent crude prices surging and shipping rates soaring to record levels. I get the urge to reach for the sell button. When you see crude oil jumping to seven-month highs in a matter of days, it’s natural to want to head for the exit. But if decades of investing through geopolitical crises have taught me anything, it’s this: don’t panic. The data, history, and consensus view from the world’s leading investment banks all point in the same direction. This conflict is likely to be intense but short-lived, and the investors who keep their composure will be the ones best positioned when the dust settles. The Facts on the Ground The U.S. and Israel launched joint airstrikes across Iran on February 28, and Iran’s supreme leader was confirmed killed. Iran retaliated by striking oil and gas facilities in Saudi Arabia, the UAE, Qatar, and Kuwait, taking capacity offline and effectively shutting down transit through the all-important Strait of Hormuz. Indeed, Hormuz is the jugular of global energy. Roughly a quarter of the world’s oil consumption passes through it, and vessels are now having to avoid the waterway due to the risk of attack and insurers cancelling war risk cover. The disruption is already showing up across the supply chain. For instance, the cost of hiring a supertanker to ship 2 million barrels of crude from the U.S. Gulf Coast to China has reportedly hit an unbelievable $29 million, a new record, according to the Baltic Exchange in London. Shipping oil from the Arab Gulf to India has exploded from between $50,000 and $100,000 to an eye-watering $477,000 per day. Meanwhile, Maersk and CMA CHM have rolled out emergency surcharges and, in CMA’s case, suspended bookings for hazardous goods across a huge portion of the region. B...
On February 17, 2026, Conversant Capital disclosed a new position in Americold Realty Trust (COLD 4.48%), acquiring 1,500,000 shares worth $19.29 million during the fourth quarter. What happened Conversant Capital disclosed a new investment in Americold Realty Trust (COLD 4.48%), acquiring 1,500,000 shares during the fourth quarter, according to an SEC filing dated February 17, 2026. The fund’s qu...
On February 17, 2026, Conversant Capital disclosed a new position in Americold Realty Trust (COLD 4.48%), acquiring 1,500,000 shares worth $19.29 million during the fourth quarter. What happened Conversant Capital disclosed a new investment in Americold Realty Trust (COLD 4.48%), acquiring 1,500,000 shares during the fourth quarter, according to an SEC filing dated February 17, 2026. The fund’s quarter-end position in the company reflects a $19.29 million increase in value. What else to know This was a new position for Conversant Capital and accounted for 3.66% of reportable AUM as of December 31, 2025. Top five holdings after the filing: NYSE:SNDA: $302.12 million (57.4% of AUM) NYSE:RITM: $35.48 million (6.7% of AUM) NYSE:CTRI: $35.35 million (6.7% of AUM) NYSE:GNL: $32.71 million (6.2% of AUM) NYSE:HPP: $28.23 million (5.4% of AUM) As of Thursday, shares of Americold Realty Trust were priced at $11.28, down a staggering 46% over the past year and well underperforming the S&P 500’s roughly 20% gain in the same period. Company overview Metric Value Market Capitalization $3.2 billion Revenue (TTM) $2.6 billion Net Income (TTM) ($114.5 million) Dividend Yield 7.8% Company snapshot Americold operates temperature-controlled warehouses, providing refrigerated storage and logistics solutions for the food supply chain. The company generates revenue through the ownership, operation, acquisition, and development of cold storage facilities, primarily leasing space and offering value-added services to food producers, processors, distributors, and retailers. Americold's primary customers include food manufacturers, processors, distributors, and retailers requiring large-scale, reliable cold storage and supply chain services. Americold Realty Trust is the world's largest publicly traded REIT specializing in temperature-controlled warehousing. The company leverages its extensive network of refrigerated storage to serve critical food supply chain needs across multiple continents....
Key Points The S&P 500 has fluctuated between gains and losses during recent trading sessions. Investors have worried about a number of headwinds, including the war in Iran. 10 stocks we like better than S&P 500 Index › The stock market was the place to be over the past three years, with the S&P 500 roaring to record highs in the bull market -- and delivering a 78% gain in that time period. Invest...
Key Points The S&P 500 has fluctuated between gains and losses during recent trading sessions. Investors have worried about a number of headwinds, including the war in Iran. 10 stocks we like better than S&P 500 Index › The stock market was the place to be over the past three years, with the S&P 500 roaring to record highs in the bull market -- and delivering a 78% gain in that time period. Investors were eager to get in on growth stocks, which generally benefit most from positive market environments, and they put a particular focus on stocks in the areas of artificial intelligence (AI) and quantum computing. But in recent weeks, uncertainties have accumulated, weighing on investor sentiment. This has driven a great deal of volatility in the market, as we can see through the fluctuations of the S&P 500. Against this backdrop, you might be wondering if you should really buy stocks right now. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » During difficult times, it's a great idea to turn to one specific person for advice: Warren Buffett, the investing giant who led Berkshire Hathaway to market-beating returns over 60 years. (Buffett retired from the chief executive officer role at the end of last year, but he remains chairman.) And the good news is we don't have to figure out a way to meet Buffett and ask him our investing question, as he's spoken extensively on the subject over time -- and his advice is evergreen. Should you really buy stocks during market turbulence? The following words from Buffett offer an answer that's strikingly clear. What's driving stock performance First, though, let's take a closer look at the positive and negative points that have driven stock performance in recent years through today. As mentioned, investors eagerly scooped up AI and quantum computing stocks in an effor...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Bipul Sinha Chief Financial Officer — Kiran Kumar Choudary TAKEAWAYS Net New Subscription ARR -- $115 million record addition, representing acceleration in growth. -- $115 million record addition, representing acceleration in growth. Subscription ARR -- $1.46 billion, increasing 34% yea...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Bipul Sinha Chief Financial Officer — Kiran Kumar Choudary TAKEAWAYS Net New Subscription ARR -- $115 million record addition, representing acceleration in growth. -- $115 million record addition, representing acceleration in growth. Subscription ARR -- $1.46 billion, increasing 34% year over year. -- $1.46 billion, increasing 34% year over year. Subscription Revenue -- $365 million, up 50% year over year. -- $365 million, up 50% year over year. Subscription Net Retention Rate (NRR) -- Sustained above 120%, reflecting high expansion and retention dynamics. -- Sustained above 120%, reflecting high expansion and retention dynamics. Large Customer Base -- 2,805 customers with $100,000 or more in subscription ARR, up 25%, now generating 87% of subscription ARR. -- 2,805 customers with $100,000 or more in subscription ARR, up 25%, now generating 87% of subscription ARR. Over-$1 Million Subscription Customers -- 32 net new customers, driving over 50% growth in this cohort. -- 32 net new customers, driving over 50% growth in this cohort. Cloud ARR -- $1.29 billion, representing 88% of total subscription ARR and growing 48% year over year, nearing completion of the cloud transition. -- $1.29 billion, representing 88% of total subscription ARR and growing 48% year over year, nearing completion of the cloud transition. Contribution Margin -- Subscription ARR contribution margin reached 12% for the last twelve months, improving approximately 950 basis points from the prior year. -- Subscription ARR contribution margin reached 12% for the last twelve months, improving approximately 950 basis points from the prior year. Free Cash Flow -- $70 million for the quarter and $238 million for the full year, more than tenfold increase from the previous year. -- $70 million for the quarter and $238 million for the full year, more than tenfold increase from the previous year. N...
March 12 (Reuters) - Amazon.com is planning to move its Prime Day sale event up to late June, Bloomberg News reported on Thursday, marking a rare shift in calendar for the critical, decade-old shopping event. Prime Day is marked by heavy discounts on categories ranging from apparel and electronics, and its summer iteration coincides with the back-to-school shopping season with parents and stude...
March 12 (Reuters) - Amazon.com is planning to move its Prime Day sale event up to late June, Bloomberg News reported on Thursday, marking a rare shift in calendar for the critical, decade-old shopping event. Prime Day is marked by heavy discounts on categories ranging from apparel and electronics, and its summer iteration coincides with the back-to-school shopping season with parents and students waiting to cash in on the deals. The timing shift would also move Prime Day sales to Amazon's second quarter, which typically ends on June 30. The company declined to comment to Reuters on the report. Amazon's Prime Day event has taken place in July since its launch in 2015, barring a change for two years during the pandemic. Last year, the event was extended to four days from the usual two, and drove $24.1 billion in online spending across U.S. retailers, up 30% from a year ago, according to data from Adobe Analytics. However, Amazon has also had to contend with competing deals events from retailers such as Walmart and Target as these companies invest in their digital order fulfillment and same-day delivery capabilities. Contribution to U.S. sales from e-commerce almost doubled for Walmart in its most recently reported quarter, and the company said customers using its option for delivery under three hours grew more than 60% for fiscal year 2026. (Reporting by Juveria Tabassum in Bengaluru; Editing by Arun Koyyur)
Alexey_Fedoren Mizuho upgraded uniQure ( QURE ) to outperform from neutral saying the regulatory outlook for Huntington's disease asset AMT-130 is much improved following the upcoming departure of FDA official Vinay Prasad. The Japanese financial firm raised its price target to $35 from $12 (~107% upside based on Thursday's close). Analyst Uy Ear said that Prasad's exit from the agency at the end ...
Alexey_Fedoren Mizuho upgraded uniQure ( QURE ) to outperform from neutral saying the regulatory outlook for Huntington's disease asset AMT-130 is much improved following the upcoming departure of FDA official Vinay Prasad. The Japanese financial firm raised its price target to $35 from $12 (~107% upside based on Thursday's close). Analyst Uy Ear said that Prasad's exit from the agency at the end of April "appears to signal an administration-level desire to restore greater regulatory flexibility in rare disease development," adding, "we believe this leadership change is constructive for uniQure, potentially reopening a path to a BLA based on the existing Phase 1/2 data or a Phase 3 trial leveraging natural history controls." He also boosted his probability of success for AMT-130 to 55% from 15%, and advanced a potential launch to 2028 from 2030. More on uniQure A Unique Situation For UniQure uniQure: Worst Case Scenario Becomes Reality uniQure: The Worst Case Scenario Just Got Official (Rating Downgrade) Biotech firm stocks rise on FDA vaccine head’s exit uniQure surges following departure of key FDA official
Image source: The Motley Fool. Thursday, March 12, 2026, at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Alan Yu Chief Financial Officer — Jian Guo TAKEAWAYS Net Sales -- $115.6 million, up 13.7%, with $8.2 million attributable to volume and $6.3 million due to favorable pricing and mix. -- $115.6 million, up 13.7%, with $8.2 million attributable to volume and $6.3 million due to favorabl...
Image source: The Motley Fool. Thursday, March 12, 2026, at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Alan Yu Chief Financial Officer — Jian Guo TAKEAWAYS Net Sales -- $115.6 million, up 13.7%, with $8.2 million attributable to volume and $6.3 million due to favorable pricing and mix. -- $115.6 million, up 13.7%, with $8.2 million attributable to volume and $6.3 million due to favorable pricing and mix. Gross Margin -- 34.0%, down from 39.2%, affected by a rise in import costs, which grew to 14.5% of net sales from 8.3%. -- 34.0%, down from 39.2%, affected by a rise in import costs, which grew to 14.5% of net sales from 8.3%. Operating Income -- Increased 16% to $8.5 million, compared to $7.3 million. -- Increased 16% to $8.5 million, compared to $7.3 million. Net Income -- $7.2 million, representing growth of 22.8%, with net income margin rising to 6.2% from 5.8%. -- $7.2 million, representing growth of 22.8%, with net income margin rising to 6.2% from 5.8%. Adjusted EBITDA -- $12.5 million, up from $11.3 million. -- $12.5 million, up from $11.3 million. Free Cash Flow -- $14.6 million generated, reflecting disciplined working capital management despite high duty and tariff payments. -- $14.6 million generated, reflecting disciplined working capital management despite high duty and tariff payments. Sales by Channel -- Chain accounts and distributors up 17.5%; online sales up 1.9%; retail channel sales down 4.8%. -- Chain accounts and distributors up 17.5%; online sales up 1.9%; retail channel sales down 4.8%. Eco-Friendly Product Sales -- Accounted for 37.3% of total revenue versus 34.5%, with paper bags driving the increase. -- Accounted for 37.3% of total revenue versus 34.5%, with paper bags driving the increase. Import Sourcing Mix -- 46% Taiwan, 14% China, 13% United States, 11% Vietnam, 11% Malaysia, citing sourcing flexibility to mitigate trade volatility. -- 46% Taiwan, 14% China, 13% United States, 11% Vietnam, 11% Malaysia, citing sourcing fle...
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -1.52%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.73%. March E-mini S&P futures (ESH26) fell -1.49%, and March E-mini Nasdaq futures (NQH26) fell -1.75%. Stocks fell sharply on Thursday as a surge in crude oil prices stoked fears that the war against Iran would crim...
The S&P 500 Index ($SPX) (SPY) on Thursday closed down -1.52%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.56%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.73%. March E-mini S&P futures (ESH26) fell -1.49%, and March E-mini Nasdaq futures (NQH26) fell -1.75%. Stocks fell sharply on Thursday as a surge in crude oil prices stoked fears that the war against Iran would crimp global fuel supplies and boost inflation. WTI crude oil prices soared more than +9% on Thursday amid widening disruptions to crude production and transport in the Middle East. Join 200K+ Subscribers: Stocks extended their losses on Thursday, and crude prices added to their gains on comments from Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, who said that Iran’s leverage of closing the Strait of Hormuz should be used, and attacks on Gulf Arab neighbors will continue. He added that Iran will open unspecified “other fronts” in the war if the US and Israel persist with their attacks. Also, comments from President Trump gave crude prices a boost when he said that preventing Iran from having nuclear weapons is "of far greater interest and importance" to him than the cost of oil, a sign that the war in the Middle East isn't close to a de-escalation. Credit concerns weighed on bank stocks and asset managers on Thursday after Morgan Stanley and Cliffwater LLC capped withdrawals from their private credit funds amid investor demand to redeem more than the funds allow. Private credit funds are grappling with a wave of redemption requests amid growing concerns over the quality of their loans. BlackRock last week decided to limit withdrawals, a move that other asset managers have since followed. Crude oil prices rallied sharply on Thursday despite the IEA members' decision on Wednesday to release 400 million barrels from emergency oil stockpiles. The IEA said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd t...
A toxic brew of climbing bond yields and a broadening panic about the stability of private-credit lenders has helped push the S&P 500 financial services sector to its lowest level since May.
A toxic brew of climbing bond yields and a broadening panic about the stability of private-credit lenders has helped push the S&P 500 financial services sector to its lowest level since May.
"What we need to do is to both focus on the transition to better fuel opportunities - and they are out there - and we need to invest in that, but we also need some sort of short-term intervention," she said.
"What we need to do is to both focus on the transition to better fuel opportunities - and they are out there - and we need to invest in that, but we also need some sort of short-term intervention," she said.
Bluetooth trackers come in all shapes and sizes. | Illustration: Cath Virginia / The Verge Some people rarely lose things. Wallets are always exactly where they’re supposed to be, keys never go missing, and remotes never slip between the couch cushions. And then there’s the rest of us — the folks who can’t ever seem to find the thing that was right there a few seconds ago. For us, there are Bluet...
Bluetooth trackers come in all shapes and sizes. | Illustration: Cath Virginia / The Verge Some people rarely lose things. Wallets are always exactly where they’re supposed to be, keys never go missing, and remotes never slip between the couch cushions. And then there’s the rest of us — the folks who can’t ever seem to find the thing that was right there a few seconds ago. For us, there are Bluetooth trackers. Bluetooth trackers have been around for a long time, and they all generally work the same way. You stick the tracker onto an object, pair it with your phone, and then, when you lose said object, you can go into an app and ring the tracker. But these days, Bluetooth trackers can do a lot more. Some have ultra-wideband chips that enable precision tracking, so you can find exactly where in a room your item is. Increasingly, trackers also tap into large networks — like Apple’s and Google’s — making it easier to locate lost items outside the home. Many will notify you if they detect you’ve left the device behind or come with QR codes that link to your contact information so people can easily return lost devices. These features are incredibly handy but also have the potential for misuse . Take AirTags. When Apple launched the trackers, it hadn’t anticipated they’d be used to track people or stolen items — but that’s exactly what happened . It’s since beefed up its anti-stalking features , and companies like Tile have also followed suit . Apple and Google have launched a standard that enables unwanted tracking alerts across both Android and iOS devices — and major players like Tile, Samsung, and Chipolo are on board. But until this standard is up and running, it pays to be aware of each tracker’s current approach when you’re deciding the best option for you. As consummate Losers of Things, we have tested a fair share of Bluetooth trackers on wallets, keys, and luggage. Here’s what we’d recommend if you, too, have a hard time finding things. The best tracker for iPho...
Electric vehicle giant Tesla Inc has traditionally avoided heavy advertising for its products, instead relying on strong customers satisfaction and word of mouth to promote and sell things. The tide could be turning with Tesla launching several ad campaigns across social media. Tesla Turns to Social Media While Tesla CEO Elon Musk may not be a fan of Facebook, the social media platform owned by Me...
Electric vehicle giant Tesla Inc has traditionally avoided heavy advertising for its products, instead relying on strong customers satisfaction and word of mouth to promote and sell things. The tide could be turning with Tesla launching several ad campaigns across social media. Tesla Turns to Social Media While Tesla CEO Elon Musk may not be a fan of Facebook, the social media platform owned by Meta Platforms, the company is getting paid by the EV company for advertising. Users on social media, as reported by Teslarati, have spotted advertising for Tesla's FSD on Facebook. FSD, or full self-driving, is one of the company's key growth items for the future and also a key component of Musk's nearly $1 trillion pay package. Don't Miss: As reported by Teslarati, the FSD ads on Facebook come ahead of the March 31 deadline for FSD transfer eligibility for new vehicles. On YouTube, which is owned by Alphabet Inc, advertisements for Tesla Energy have been spotted. The ads discuss the company's Powerwall energy storage system. Tesla's Advertising Shift The advertisements for FSD and Powerwall could signal a change of pace for the company and highlight two products that carry higher margins. According to the report, Tesla spent around $152,000 on U.S. advertising in 2022 compared to $3.6 billion for General Motors in 2023. Trending: Own the Characters, Not Just the Content: Inside a Fast-Growing Pre-IPO IP Company Musk was famous for saying the company did not need to advertise or pay for endorsements. "Instead, we use that money to make the product great." In recent years, Tesla has ramped up advertisements in international markets. Calls for Tesla to increase its advertising efforts in the United States have mostly gone unanswered, except for an advertising blitz across social media to urge shareholders to vote for Musk's pay package. The new advertising efforts could be an effort to help sell FSD and Powerwall and could add to potential shareholder returns via better financ...
Electric vehicle giant Tesla Inc has traditionally avoided heavy advertising for its products, instead relying on strong customers satisfaction and word of mouth to promote and sell things. The tide could be turning with Tesla launching several ad campaigns across social media. Tesla Turns to Social Media While Tesla CEO Elon Musk may not be a fan of Facebook, the social media platform owned by Me...
Electric vehicle giant Tesla Inc has traditionally avoided heavy advertising for its products, instead relying on strong customers satisfaction and word of mouth to promote and sell things. The tide could be turning with Tesla launching several ad campaigns across social media. Tesla Turns to Social Media While Tesla CEO Elon Musk may not be a fan of Facebook, the social media platform owned by Meta Platforms, the company is getting paid by the EV company for advertising. Users on social media, as reported by Teslarati, have spotted advertising for Tesla's FSD on Facebook. FSD, or full self-driving, is one of the company's key growth items for the future and also a key component of Musk's nearly $1 trillion pay package. Don't Miss: As reported by Teslarati, the FSD ads on Facebook come ahead of the March 31 deadline for FSD transfer eligibility for new vehicles. On YouTube, which is owned by Alphabet Inc, advertisements for Tesla Energy have been spotted. The ads discuss the company's Powerwall energy storage system. Tesla's Advertising Shift The advertisements for FSD and Powerwall could signal a change of pace for the company and highlight two products that carry higher margins. According to the report, Tesla spent around $152,000 on U.S. advertising in 2022 compared to $3.6 billion for General Motors in 2023. Trending: Own the Characters, Not Just the Content: Inside a Fast-Growing Pre-IPO IP Company Musk was famous for saying the company did not need to advertise or pay for endorsements. "Instead, we use that money to make the product great." In recent years, Tesla has ramped up advertisements in international markets. Calls for Tesla to increase its advertising efforts in the United States have mostly gone unanswered, except for an advertising blitz across social media to urge shareholders to vote for Musk's pay package. The new advertising efforts could be an effort to help sell FSD and Powerwall and could add to potential shareholder returns via better financ...
Crypto Whale Beached, Loses Nearly $50 Million Swapping USDT For AAVE Authored by RT Watson via The Block , Quick Take Aave Labs founder and CEO Stani Kulechov said a crypto user “attempted to buy AAVE using $50 million in USDT through the Aave interface” but only received about $36,000 worth of the token in return. CoW Swap said the “transaction executed according to the parameters of the signed ...
Crypto Whale Beached, Loses Nearly $50 Million Swapping USDT For AAVE Authored by RT Watson via The Block , Quick Take Aave Labs founder and CEO Stani Kulechov said a crypto user “attempted to buy AAVE using $50 million in USDT through the Aave interface” but only received about $36,000 worth of the token in return. CoW Swap said the “transaction executed according to the parameters of the signed order” and that “clear price impact warnings” were given. When someone in crypto loses millions of dollars in an instant, it's usually due to a hack or an exploit. But, on Thursday, one crypto whale appears to have lost nearly $50 million simply trying to swap USDT for AAVE. " Earlier today, a user attempted to buy AAVE using $50 million USDT through the Aave interface. Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox," Aave Labs founder and CEO Stani Kulechov said in a post to X. Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface. Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox.… — Stani.eth (@StaniKulechov) March 12, 2026 Thursday's mishap could be the largest of its kind in history. Last year, a crypto trader lost considerably less when they swapped about $733,000 of USDC for roughly $19,000 in USDT as a result of a large sandwich attack. " The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return, " Kulechov added. Slippage is the difference between the price a trader would expect to get in a trade and the price they receive once the transaction executes. This can happen in large orders or when liquidity is weak. Yes. — Stani.eth (@StaniKulechov)...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Jay Jackson Chief Capital Officer — Elena Plesco Chief Financial Officer — William McCauley Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Adjusted Net Income -- $85.7 million for the year, up 84% from $46.5 million. -- $85.7 million for the year...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Jay Jackson Chief Capital Officer — Elena Plesco Chief Financial Officer — William McCauley Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Adjusted Net Income -- $85.7 million for the year, up 84% from $46.5 million. -- $85.7 million for the year, up 84% from $46.5 million. 2026 Adjusted Net Income Guidance -- $96 million to $104 million, targeting up to 22% growth. -- $96 million to $104 million, targeting up to 22% growth. Adjusted EBITDA -- $132.6 million for the year, up 115% from $61.6 million; Q4 adjusted EBITDA was $38.6 million, up 132% from $16.6 million. -- $132.6 million for the year, up 115% from $61.6 million; Q4 adjusted EBITDA was $38.6 million, up 132% from $16.6 million. Adjusted EBITDA Margin -- 56% for the year, compared to 55% in the prior year; Q4 margin was 54%, up from 50%. -- 56% for the year, compared to 55% in the prior year; Q4 margin was 54%, up from 50%. Total Revenue -- $235.2 million for the year, rising 110% from $111.9 million; Q4 revenue was $71.9 million, up 116% from $33.2 million. -- $235.2 million for the year, rising 110% from $111.9 million; Q4 revenue was $71.9 million, up 116% from $33.2 million. Capital Deployed -- $580.8 million during the year, an 82% increase; Q4 deployment was $230.7 million, including $50 million for the first securitization. -- $580.8 million during the year, an 82% increase; Q4 deployment was $230.7 million, including $50 million for the first securitization. Fee-Paying Assets Under Management (AUM) -- $3.3 billion at year-end, with a target of $5 billion by year-end 2026. -- $3.3 billion at year-end, with a target of $5 billion by year-end 2026. Management Fee Revenue -- $33.8 million for the year; nearly $34 million from asset management segment, with $630 million in longevity fund inflows. -- $33.8 million for the year; nearly $34 million from as...
A US military refueling aircraft crashed in western Iraq on Thursday, in an incident US Central Command said involved another aircraft but was not the result of hostile or friendly fire. The United States has surged a large number of aircraft into the Middle East to take part in operations against Iran. In a statement, US Central Command said it was carrying out rescue efforts after the US KC-135 ...
A US military refueling aircraft crashed in western Iraq on Thursday, in an incident US Central Command said involved another aircraft but was not the result of hostile or friendly fire. The United States has surged a large number of aircraft into the Middle East to take part in operations against Iran. In a statement, US Central Command said it was carrying out rescue efforts after the US KC-135 refueling aircraft went down. The second aircraft landed safely. “The incident occurred in friendly airspace during Operation Epic Fury, and rescue efforts are ongoing,” the statement said, using the name of the US operation against Iran. Since the US and Israel started carrying out strikes against Iran on 28 February, seven US troops have been killed. Reuters reported on Tuesday that as many as 150 US troops have been wounded in the US-Israeli war on Iran. More details soon …
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Perry W. Moss Chief Financial Officer — Brett W. Johnston Director of Investor Relations — Ryan Coleman Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $58.9 million, a 16% decrease year over year and a 7% sequential decline, due to persistent indus...
Image source: The Motley Fool. Thursday, March 12, 2026 at 5 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Perry W. Moss Chief Financial Officer — Brett W. Johnston Director of Investor Relations — Ryan Coleman Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $58.9 million, a 16% decrease year over year and a 7% sequential decline, due to persistent industrial volume softness and the impact of a divested mall-related business. -- $58.9 million, a 16% decrease year over year and a 7% sequential decline, due to persistent industrial volume softness and the impact of a divested mall-related business. Gross Profit -- $9.1 million, down 15% year over year and down 21% sequentially, with a gross margin of 15.5% driven by reduced volumes, industrial sector margin compression, and $0.5 million in one-time client implementation costs. -- $9.1 million, down 15% year over year and down 21% sequentially, with a gross margin of 15.5% driven by reduced volumes, industrial sector margin compression, and $0.5 million in one-time client implementation costs. Revenue Decline Attribution -- $10.7 million decrease in quarterly revenue attributed to both challenged industrial client conditions and the completed divestiture (not a full sum of the total decline). -- $10.7 million decrease in quarterly revenue attributed to both challenged industrial client conditions and the completed divestiture (not a full sum of the total decline). Sequential Industrial Revenue -- Industrial client revenue declined $4.3 million sequentially, more severe than normal fourth-quarter seasonality. -- Industrial client revenue declined $4.3 million sequentially, more severe than normal fourth-quarter seasonality. Two-Thirds Business Performance -- Excluding industrial headwinds and divestiture, remaining business grew $7.4 million, or about 5%, over the prior year. -- Excluding industrial headwinds and divestiture, remaining business grew $7.4 million, or about 5%, ...