FORT LEE, N.J., May 05, 2026 (GLOBE NEWSWIRE) -- Nuvectis Pharma, Inc. (NASDAQ: NVCT) ("Nuvectis" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today reported its financial results for the first quarter of 2026 and provided an update on recent busi...
FORT LEE, N.J., May 05, 2026 (GLOBE NEWSWIRE) -- Nuvectis Pharma, Inc. (NASDAQ: NVCT) ("Nuvectis" or the "Company"), a clinical-stage biopharmaceutical company focused on the development of innovative precision medicines for the treatment of serious conditions of unmet medical need in oncology, today reported its financial results for the first quarter of 2026 and provided an update on recent business progress.
Alphabet Inc. ’s Google, Microsoft Corp. and xAI have agreed to give the US government early access to their artificial intelligence models to assess the systems’ capabilities and help improve their security before the technology is released to the public. With the agreements, the AI developers join OpenAI and Anthropic PBC in allowing pre-release reviews of their models by the US Commerce Departm...
Alphabet Inc. ’s Google, Microsoft Corp. and xAI have agreed to give the US government early access to their artificial intelligence models to assess the systems’ capabilities and help improve their security before the technology is released to the public. With the agreements, the AI developers join OpenAI and Anthropic PBC in allowing pre-release reviews of their models by the US Commerce Department’s Center for AI Standards and Innovation, according to a statement from the agency on Tuesday. OpenAI and Anthropic have renegotiated their existing partnerships with the center to better align with priorities in President Donald Trump ’s AI Action Plan, the agency said. Since 2024, the office has been accessing and evaluating models from OpenAI and Anthropic before their public release. It has completed more than 40 evaluations of AI models, including state-of-the-art models that remain unreleased, according to the statement. The agreements are being unveiled as Anthropic’s Mythos system rattles US officials, signaling a wider mandate for the relatively new center, which was established under President Joe Biden as the AI Safety Institute in 2023 and re-established under a new name by the Trump administration last year. The center calls itself the “industry’s primary point of contact within the US government” for testing, collaborative research and best-practice development. Its existence hasn’t yet been codified into law, though some US lawmakers have introduced draft legislation to give the center more permanent footing. “These expanded industry collaborations help us scale our work in the public interest at a critical moment,” Chris Fall, the center’s director, said of the new agreements. Fall has taken the reins following the abrupt departure of Collin Burns, a former AI researcher at Anthropic who was chosen for the role but forced out just days after starting the job, according to news reports last month. Read More: White House Weighs AI Working Group, Model Test...
Vyacheslav Kozyrev/iStock via Getty Images Investment Thesis I reiterate my buy recommendation on assets tracking the main American indices. This article is part of my weekly series where I bring insights about the economy and investments to my readers. In this week's edition I will refute pessimistic analysts who recommend you sell your shares in this moment. They Were Wrong Again Many analysts r...
Vyacheslav Kozyrev/iStock via Getty Images Investment Thesis I reiterate my buy recommendation on assets tracking the main American indices. This article is part of my weekly series where I bring insights about the economy and investments to my readers. In this week's edition I will refute pessimistic analysts who recommend you sell your shares in this moment. They Were Wrong Again Many analysts recommended you sell your shares when the S&P 500 reached the worst moment of the year. I took the other road and made an article with the title: 'The Best Buying Opportunity Since Liberation Day' on March 30. The result was that the S&P 500 registered the best April since November 2022. Return month by month (ZeroHedge) My goal here is not to boast but to show the other side of the coin again, because now the war can escalate , the Fed will have a new chair , and all this can happen in May, while the S&P 500 and oil prices are higher. This is a great invitation to share articles with 'Sell in May' in the title, but I'm here to refute the bearish theses and share my perceptions. The Economy Changed Since 1973 Many analysts are ignoring that the main economies in the world have changed a lot since the 70s. At that time, OPEC had a big influence, as the insight below shows; however, now the economies are more resilient to oil shocks (and apparently OPEC is weakening ). 1973 vs. 2026 (Rothschild) Putting a magnifying glass on the US economy, it's clear that oil shocks have much less impact on inflation and GDP as the years go by. Comparison of oil shocks over time (Mayhem) When we approach the magnifying glass, it is possible to see an interesting phenomenon. Although oil prices soar, the price of gasoline as a percentage of wages is low compared to the post-pandemic period (when the Fed thought inflation was transitory) and the 2008 crisis. Therefore, a possible escalation in the war should not be a reason for you to sell your shares. Gasoline as a % of Wages (RBA, EIA, BLS) I...
The Nasdaq Composite index has been on a stellar run over the past month, gaining 14% as of this writing. Investors seem to have regained confidence in technology stocks, following the turmoil caused by the Middle East conflict in March. The ongoing negotiations between the U.S. and Iran to reopen the Strait of Hormuz and the possibility of a peace plan to end the war have positively impacted tech...
The Nasdaq Composite index has been on a stellar run over the past month, gaining 14% as of this writing. Investors seem to have regained confidence in technology stocks, following the turmoil caused by the Middle East conflict in March. The ongoing negotiations between the U.S. and Iran to reopen the Strait of Hormuz and the possibility of a peace plan to end the war have positively impacted tech stocks of late. It won't be surprising to see the Nasdaq's rally gain momentum during the ongoing earnings season. That's because the tech sector is expected to clock 45% earnings growth in Q1. The earnings growth expectation of the tech sector jumped over 10% since the beginning of the year, driven primarily by the strong growth that artificial intelligence (AI) companies have been clocking this year. That's why it is a good time to buy top AI stocks , such as Broadcom (NASDAQ: AVGO) and ASML (NASDAQ: ASML) , before the Nasdaq heads higher. Continue reading
Apollo Global Management Inc. amassed $6.5 billion for the third iteration of a fund that will provide financing that sits between credit and private equity, a key piece of the firm’s broader $100 billion hybrid business. The fundraising kicked off about a year ago, according to people familiar with the matter. It ultimately surpassed the initial targeted range of $5 billion to $6 billion, one of ...
Apollo Global Management Inc. amassed $6.5 billion for the third iteration of a fund that will provide financing that sits between credit and private equity, a key piece of the firm’s broader $100 billion hybrid business. The fundraising kicked off about a year ago, according to people familiar with the matter. It ultimately surpassed the initial targeted range of $5 billion to $6 billion, one of the people said, asking not to be identified discussing confidential details. Heightened uncertainty is drawing investors to the strategy, Matt Nord , Apollo’s co-head of private equity, said in an emailed statement Tuesday. Backers include pension funds, sovereign wealth funds and insurers. The hybrid business employs a more hands-off approach than a typical buyout fund, offering debt and structured-equity capital to founders who want to develop their companies without relinquishing control. It often invests alongside the firm’s high-grade capital solutions arm. “Our ability to provide scaled, flexible capital, combined with the strength of our integrated platform, positions us to be the partner of choice for many of the world’s leading companies and sponsors,” Nord, who also heads the hybrid strategy, said in the statement. Chief Executive Officer Marc Rowan said at a conference late last year that most of the firm’s principal capital is invested in the hybrid strategy, including the majority of funds from his own family office. It will be Apollo’s fastest-growing business and offers the best risk-reward, he said at the time. Apollo’s hybrid equity business includes wealth platform Apollo Aligned Alternatives and Hybrid Value strategies. The team previously said the products are a potential replacement for public equities in pension funds, and has touted low-double-digit rates of return. The second vintage had delivered a 13% net internal rate of return as of Dec. 31. The product has a shorter hold period than a typical private equity fund, but longer than private credit....
Oil States press release ( OIS ): Q1 Non-GAAP EPS of $0.09 in-line. Revenue of $145M (-9.3% Y/Y) misses by $8.79M . Net income of $1 million, or $0.02 per share Adjusted net income totaled $5 million, or $0.09 per share, excluding restructuring and asset impairment charges (a non-GAAP measure(1)) Adjusted EBITDA (a non-GAAP measure(1)) of $17 million Cash on-hand exceeded outstanding debt by $4 mi...
Oil States press release ( OIS ): Q1 Non-GAAP EPS of $0.09 in-line. Revenue of $145M (-9.3% Y/Y) misses by $8.79M . Net income of $1 million, or $0.02 per share Adjusted net income totaled $5 million, or $0.09 per share, excluding restructuring and asset impairment charges (a non-GAAP measure(1)) Adjusted EBITDA (a non-GAAP measure(1)) of $17 million Cash on-hand exceeded outstanding debt by $4 million at quarter-end More on Oil States Oil States International: Don't Trip Over That Hockey Stick! Oil States International, Inc. 2025 Q4 - Results - Earnings Call Presentation Oil States International, Inc. (OIS) Q4 2025 Earnings Call Transcript Oil States Q1 2026 Earnings Preview Small-cap energy Quant picks ahead of Q1 earnings
Life Time Group press release ( LTH ): Q1 Non-GAAP EPS of $0.42 beats by $0.04 . Revenue of $788.7M (+11.7% Y/Y) beats by $1.49M . Adjusted EBITDA of $226.7 million increased 18.3% over the prior year quarter. Center memberships of 837,903 increased by 11,529, or 1.4%, when compared to March 31, 2025, and increased by 15,523, or 1.9%, from December 31, 2025. Total subscriptions, which include cent...
Life Time Group press release ( LTH ): Q1 Non-GAAP EPS of $0.42 beats by $0.04 . Revenue of $788.7M (+11.7% Y/Y) beats by $1.49M . Adjusted EBITDA of $226.7 million increased 18.3% over the prior year quarter. Center memberships of 837,903 increased by 11,529, or 1.4%, when compared to March 31, 2025, and increased by 15,523, or 1.9%, from December 31, 2025. Total subscriptions, which include center memberships and on-hold memberships, of 888,050 increased 0.9% compared to March 31, 2025. 2026 Outlook Full-Year 2026 Guidance Percent Year Ending Year Ending Year Ended Change December 31, 2026 December 31, 2026 December 31, 2025 (Using (Guidance as of ($ in millions) (Guidance) (Actual) Midpoints) February 24, 2026) Total revenue $3,320 – $3,350 vs. $3.32B consensus (prior $3,300 – $3,330). $2,995.3 11.3 % $3,300 – $3,330 Rent $378 – $386 $339.2 12.6 % $378 – $388 Net Income $340 – $345 $373.7 (8.3) % $330 – $336 Adjusted net income $378 – $386 $325.5 17.4 % $369 – $378 Adjusted EBITDA $925 – $940 $825.2 13.0 % $910 – $925 Click to enlarge More on Life Time Group Life Time Group: A Bulwark In A Choppy Consumer Economy Life Time Group Holdings, Inc. (LTH) Q4 2025 Earnings Call Transcript Life Time Group Q1 2026 Earnings Preview Jefferies likes these consumer stocks if the Iran conflict is resolved Seeking Alpha’s Quant Rating on Life Time Group
solarseven/iStock via Getty Images The artificial intelligence investment boom provided only a modest lift to U.S. economic growth and was unlikely to sustain the broader economy on its own, according to Pantheon Macroeconomics. AI-related spending contributed roughly 0.8 percentage points to year-over-year GDP growth in the first quarter, but that figure overstated its true impact, the note said....
solarseven/iStock via Getty Images The artificial intelligence investment boom provided only a modest lift to U.S. economic growth and was unlikely to sustain the broader economy on its own, according to Pantheon Macroeconomics. AI-related spending contributed roughly 0.8 percentage points to year-over-year GDP growth in the first quarter, but that figure overstated its true impact, the note said. Once adjusted for import content and broader tech investment trends, the direct boost to growth was estimated at around 0.2 percentage points. Much of the surge in investment, particularly in computer equipment, reflected spending on imported goods rather than domestic production. Only about 10% to 20% of such spending translated into U.S. value added, limiting its effect on GDP. Pantheon said investment in AI-linked sectors had risen sharply, with spending on computer equipment up more than 60% year over year and software investment increasing 14%. Data center investment also grew strongly, though its direct contribution to growth remained minimal. Despite the scale of capital expenditure, the spillover into the broader economy appeared limited. Consumer spending and non-tech investment remained weak, suggesting underlying demand conditions were still soft. The report also noted that the AI boom had done little to support employment, given the sector’s relatively low labor intensity. Payrolls in tech-related industries showed limited growth even as investment surged. While AI may be contributing to productivity gains and had previously supported growth through wealth effects tied to rising tech stocks, those channels were seen as less reliable and harder to quantify. Pantheon said the ongoing investment cycle in AI infrastructure would continue to support growth at the margin in the coming quarters but would not offset broader economic headwinds, leaving the outlook dependent on policy support. More on tech BOTZ: Lagging The Real Tech Story A Subtle Change Took Place For ...
More on PayPal PayPal's Epic Fall In Numbers PayPal Q1 Earnings Preview: The P/E Multiple Lags Behind The Business Slowdown PayPal Profit Engine Could Be Threatened By Agentic Shopping Revolution PayPal Non-GAAP EPS of $1.34 beats by $0.07, revenue of $8.4B beats by $340M PayPal set to post Q1 results against reduced expectations
More on PayPal PayPal's Epic Fall In Numbers PayPal Q1 Earnings Preview: The P/E Multiple Lags Behind The Business Slowdown PayPal Profit Engine Could Be Threatened By Agentic Shopping Revolution PayPal Non-GAAP EPS of $1.34 beats by $0.07, revenue of $8.4B beats by $340M PayPal set to post Q1 results against reduced expectations
Rhythm Pharmaceuticals ( RYTM ): Q1 GAAP EPS of -$0.83 in-line. Revenue of $60.1M (+59.4% Y/Y) beats by $4.03M. As of March 31, 2026, cash, cash equivalents and short-term investments were approximately $340.6 million, as compared to $388.9 million as of December 31, 2025. More on Rhythm Pharmaceuticals Rhythm Pharmaceuticals, Inc. (RYTM) Discusses FDA Approval of IMCIVREE for Acquired Hypothalami...
Rhythm Pharmaceuticals ( RYTM ): Q1 GAAP EPS of -$0.83 in-line. Revenue of $60.1M (+59.4% Y/Y) beats by $4.03M. As of March 31, 2026, cash, cash equivalents and short-term investments were approximately $340.6 million, as compared to $388.9 million as of December 31, 2025. More on Rhythm Pharmaceuticals Rhythm Pharmaceuticals, Inc. (RYTM) Discusses FDA Approval of IMCIVREE for Acquired Hypothalamic Obesity - Slideshow Rhythm Pharmaceuticals, Inc. (RYTM) Discusses FDA Approval of IMCIVREE for Acquired Hypothalamic Obesity Transcript Rhythm Pharmaceuticals, Inc. (RYTM) Discusses Topline Results and Insights from Phase 3 EMANATE Trial - Slideshow Rhythm Pharmaceuticals Q1 2026 Earnings Preview Rhythm Pharma wins EU backing to expand Imcivree label
In this article BUD BUD Follow your favorite stocks CREATE FREE ACCOUNT Belgian brewer Anheuser-Busch InBev sold more drinks for the first time since 2023 in the first quarter, as growth in major beer brands such as Corona and Michelob Ultra ended a prolonged slide in volumes. Shares in the world's most valuable brewer rose almost 7% as it also posted revenue and profit well ahead of forecasts. ...
In this article BUD BUD Follow your favorite stocks CREATE FREE ACCOUNT Belgian brewer Anheuser-Busch InBev sold more drinks for the first time since 2023 in the first quarter, as growth in major beer brands such as Corona and Michelob Ultra ended a prolonged slide in volumes. Shares in the world's most valuable brewer rose almost 7% as it also posted revenue and profit well ahead of forecasts. Volumes, which had been expected to fall, instead rose 0.8%. That brought AB InBev into line with rivals that in recent weeks have also reported their first volume growth in at least a year. "Cheers to beer," CEO Michel Doukeris said in a statement, adding the performance reflected the resilience of the category despite weaker demand in key markets. AB InBev said its top global brands, including pricier labels such as Corona and Stella Artois, helped lift revenues. Its push into non-beer drinks also paid off, with revenues from those brands, including canned cocktail label Cutwater, jumping 37%. The brewer also beat expectations in Mexico, a key market, overtaking Heineken and other rivals and benefiting from the timing of Easter, analysts said. Siphelele Mdudu, an analyst at AB InBev investor Matrix Fund Managers, said it was unclear how much of the company's volume growth was thanks to such calendar effects, but the company had also executed a strategy to focus resources on a handful of key global brands well. "They've got (that strategy) right; you can't take that away from them," he said. AB Inbev pledged to outperform in 2026 Investors are betting 2026 will be a better year for brewers after a difficult 2025 marked by high living costs, shifting drinking habits, stronger competition from beer alternatives and poor weather. AB InBev has said it will outperform rivals such as Heineken and Carlsberg this year despite those challenges, which now include spillover effects from the Iran war, including higher costs for fertiliser, glass bottles and aluminium cans. AB ...
First Watch Restaurant press release ( FWRG ): Q1 GAAP EPS of -$0.04 misses by $0.01 . Revenue of $331M (+17.3% Y/Y) beats by $1.65M . System-wide sales increased 13.8% to $367.6 million as compared to $323.0 million in the same period of 2025 Same-restaurant sales growth of 2.8% Same-restaurant traffic growth of negative 2.0% Updated Outlook Fiscal Year 2026 Adjusted EBITDA of $133 million to $14...
First Watch Restaurant press release ( FWRG ): Q1 GAAP EPS of -$0.04 misses by $0.01 . Revenue of $331M (+17.3% Y/Y) beats by $1.65M . System-wide sales increased 13.8% to $367.6 million as compared to $323.0 million in the same period of 2025 Same-restaurant sales growth of 2.8% Same-restaurant traffic growth of negative 2.0% Updated Outlook Fiscal Year 2026 Adjusted EBITDA of $133 million to $140 million The Company reiterated the following guidance metrics for the 52-week fiscal year ending December 27, 2026: Same-restaurant sales growth of 1% to 3% Total revenue growth of 12% to 14% 59 to 63 net new system-wide restaurants, including 3 company-owned restaurant closures (53 to 55 new company-owned restaurants and 9 to 11 new franchise-owned restaurants) Capital expenditures of $150 million to $160 million invested primarily in new restaurant projects and planned remodels Shares +4.3% PM. More on First Watch Restaurant First Watch Might Still Be A Good Long-Term Investment First Watch Restaurant: The Risk I Flagged Is Now In The Price First Watch Restaurant Group, Inc. (FWRG) Q4 2025 Earnings Call Transcript Dutch Bros, Chipotle, Wingstop, and First Watch top BofA's restaurant list First Watch outlines 12%–14% revenue growth target for 2026 while expanding digital marketing and menu innovation
The yield on 30-year US government debt hovered around 5% after breaching the key level for the first time since July at the start of the week — suggesting pressure in the world’s biggest bond market isn’t letting up. It’s a threshold that carries special importance , and traders watching for signs it could shift higher. The yield was at 5.01% as of 6:42 a.m. after hitting 5.03% on Monday. At the ...
The yield on 30-year US government debt hovered around 5% after breaching the key level for the first time since July at the start of the week — suggesting pressure in the world’s biggest bond market isn’t letting up. It’s a threshold that carries special importance , and traders watching for signs it could shift higher. The yield was at 5.01% as of 6:42 a.m. after hitting 5.03% on Monday. At the heart of the selloff is a fresh bout of concern over inflation and the possibility of fewer interest-rate cuts as oil prices soar with the Strait of Hormuz still shuttered. A torrent of company spending on artificial intelligence is also raising fears price growth could accelerate in the short term. A yield of 5% or beyond is important because it makes fears about the budget and the growing debt-servicing costs for the US government more urgent. It also has significant implications for other financial markets and the real economy, potentially raising mortgage rates and hurting consumers. “We’ve seen bonds reprice because the expectation of rates staying higher for longer, or not having as many cuts, has changed, and I think that’s rational,” said Vivek Paul , Global Head of Portfolio Research and UK Chief Investment Strategist for the BlackRock Investment Institute, said in an interview on Bloomberg TV. Economic data before the outbreak of war on Feb. 28 also suggested inflation globally was not slowing as quickly people had expected, while the US economy remains in reasonable health, he added. “All signs point to higher inflation than the market has been historically expecting,” Paul said. Long-Bond Underweight BlackRock Investment Institute has an underweight position on long US Treasuries, with the energy shock and existing headwinds set to drive term premiums higher. That refers to the additional yield investors demand to hold a longer-term bond instead of rolling over a series of shorter-term notes in the same period. The outlook is muddying the prospects for interest-...
Shopify Inc. shares slumped as its revenue outlook suggests growth pace may be slowing down. The stock dropped as much as 11% in premarket trading, adding to a 21% slide this year as of Monday’s close. The Ottawa-based commerce software maker expects revenue in the second quarter to increase at a “high-twenties percentage rate” from a year earlier, according to a Tuesday filing . Second-quarter gr...
Shopify Inc. shares slumped as its revenue outlook suggests growth pace may be slowing down. The stock dropped as much as 11% in premarket trading, adding to a 21% slide this year as of Monday’s close. The Ottawa-based commerce software maker expects revenue in the second quarter to increase at a “high-twenties percentage rate” from a year earlier, according to a Tuesday filing . Second-quarter growth was expected to slow on softer spending as fuel prices rise, Bloomberg Intelligence analyst Anurag Rana said in a note before results. Revenue in the first quarter was ahead of estimates, driven by a 39% jump for the merchant solutions unit, the most in more than four years. Read More: Shopify Analyst Who Saw Selloff Coming Says Too Soon to Buy (3)
OpenAI ( OPENAI ) appears to be fast-tracking its first AI agent phone, with mass production targeted as early as the first half of 2027, according to TF International Securities (HK) analyst Ming-Chi Kuo. "Potential drivers include supporting a year-end IPO narrative and intensifying competition in AI agent phones," said Kuo in a post on X. Kuo added that MediaTek currently appears better positio...
OpenAI ( OPENAI ) appears to be fast-tracking its first AI agent phone, with mass production targeted as early as the first half of 2027, according to TF International Securities (HK) analyst Ming-Chi Kuo. "Potential drivers include supporting a year-end IPO narrative and intensifying competition in AI agent phones," said Kuo in a post on X. Kuo added that MediaTek currently appears better positioned to become the sole processor supplier, with the device set to use a customized version of the Dimensity 9600, built on Taiwan Semiconductor Manufacturing's ( TSM ) N2P node in the second half of 2026. "The ISP is the headline spec, with an enhanced HDR pipeline improving real-world visual sensing. Other key specs include a dual-NPU architecture for heterogeneous AI compute, LPDDR6 + UFS 5.0 to ease memory bottlenecks, and pKVM + inline hashing for security," said Kuo. The analyst noted that if development stays on track, combined 2027 and 2028 shipments could reach around 30M units. OpenAI and MediaTek did not immediately respond to Seeking Alpha's request for comment. Last week, Kuo said — while discussing "Why would OpenAI make a phone?" — that Microsoft ( MSFT )-backed OpenAI is working with Qualcomm ( QCOM ) and MediaTek to develop smartphone processors, with Luxshare as the exclusive system co-design and manufacturing partner. The analyst had said at the time that mass production is expected in 2028. Qualcomm's stock was largely flat premarket on Tuesday. More on OpenAI Wall Street Lunch: UAE Blindsides Oil Market With OPEC Exit Plan Wall Street Lunch: OpenAI Loosens Exclusivity In Revised Microsoft Pact Nadella's Flip-Flop OpenAI shelves robotics, hardware spinout plans: WSJ Brockman values his OpenAI stake at nearly $30B
Richard Drury/DigitalVision via Getty Images When analyzing Smurfit Westrock Plc ( SW ), we delved into International Paper's ( IP ) latest performance. Following the Q1 results, we are back to report on its quarterly numbers. Our readers know that we have long covered the paper company, and in our last analysis , we moved IP's rating from Buy to Neutral. This was a good call, with the company sha...
Richard Drury/DigitalVision via Getty Images When analyzing Smurfit Westrock Plc ( SW ), we delved into International Paper's ( IP ) latest performance. Following the Q1 results, we are back to report on its quarterly numbers. Our readers know that we have long covered the paper company, and in our last analysis , we moved IP's rating from Buy to Neutral. This was a good call, with the company share declining to 7% (Fig. 1). For our new readers, this decision was supported by IP's willingness to separate the U.S. and European operations just a year after acquiring DS Smith. This marked a notable shift in strategy, calling into question the original integration-driven growth narrative (and top-management decision). Ongoing earnings disappointments and impairment charges were also taken into account, adding volatility to the near-term financial profile. For this reason, we lowered IP EBITDA expectations and, with a conservative valuation multiple, revised our stance. Mare Evidence Lab Rating Update Fig. 1 Q1 Results The company delivered mixed Q1 results. Starting with the positive, IP reported solid revenue growth. In detail, North American volumes were up 2.5% year-over-year. This was ahead of industry volumes by -0.3% and ahead of Smurfit WestRock by -7.4%. In numbers, IP's top-line sales reached $5.97 billion (Fig. 2), up double digits vs. last year. However, this contribution was supported by the DS Smith acquisition. Despite the solid results (and management guidance to outperform the market by 200 basis points in sales), earnings remained subdued. Indeed, the company reported an adjusted EBITDA of $677 million. This represents a margin of roughly 11.3%. Higher costs were due to inflation in energy, freight, and raw materials. Earnings from continuing operations were $76 million, while adjusted operating earnings stood at $81 million ($0.15 on an EPS basis). This was below prior-year levels. Free cash flow reached $94 million on working capital requirements and ...
LCI press release ( LCII ): Q1 Non-GAAP EPS of $2.59 beats by $0.41 . Revenue of $1.09B (+3.8% Y/Y) beats by $20M . Adjusted EBITDA increased 13% to $125 million, or 11.5% of net sales Towable RV content per unit up 13% to $5,826 Cash flows from operations of $255 million for the LTM ended March 31, 2026. Outlook Based on current market and economic conditions along with existing tariffs, the Comp...
LCI press release ( LCII ): Q1 Non-GAAP EPS of $2.59 beats by $0.41 . Revenue of $1.09B (+3.8% Y/Y) beats by $20M . Adjusted EBITDA increased 13% to $125 million, or 11.5% of net sales Towable RV content per unit up 13% to $5,826 Cash flows from operations of $255 million for the LTM ended March 31, 2026. Outlook Based on current market and economic conditions along with existing tariffs, the Company expects the following: April 2026 net sales of approximately $374 million, down 4% from prior year 2026 North American RV wholesale shipments of 315,000 to 330,000, lowering from the previous range of 335,000 to 350,000 2026 revenue of $4.2 billion to $4.3 billion vs. $4.26Bconsensus. 2026 operating profit margin of 7.5% to 8.0% 2026 adjusted EPS of $8.75 to $9.25, raising the lower end of previous range from $8.25 and reaffirming the upper end vs. $8.71 consensus (prior $8.25 to $9.25). More on LCI LCI Industries: Thriving In A Slow Industry Setting (Rating Upgrade) LCI Industries (LCII) Q4 2025 Earnings Call Transcript LCI Industries 2025 Q4 - Results - Earnings Call Presentation LCI Q1 2026 Earnings Preview LCI Industries and Patrick Industries call off merger talks
Key PointsAlthough OpenAI and Anthropic are contemplating going public before the year ends, it's the SpaceX initial public offering (IPO) that'll take center stage.
Key PointsAlthough OpenAI and Anthropic are contemplating going public before the year ends, it's the SpaceX initial public offering (IPO) that'll take center stage.
AdaptHealth Corp. press release ( AHCO ): Q1 GAAP EPS of -$0.12 misses by $0.11 . Revenue of $819.8M (+5.4% Y/Y) beats by $23.17M . Organic revenue growth of 9.1%, with growth across each of the reportable Segments. For fiscal year 2026, the Company is raising net revenue guidance by $10 million and maintaining Adjusted EBITDA and free cash flow guidance, as follows: Net revenue of $3.45 billion t...
AdaptHealth Corp. press release ( AHCO ): Q1 GAAP EPS of -$0.12 misses by $0.11 . Revenue of $819.8M (+5.4% Y/Y) beats by $23.17M . Organic revenue growth of 9.1%, with growth across each of the reportable Segments. For fiscal year 2026, the Company is raising net revenue guidance by $10 million and maintaining Adjusted EBITDA and free cash flow guidance, as follows: Net revenue of $3.45 billion to $3.52 billion vs $3.47B consensus Adjusted EBITDA of $680 million to $730 million Free cash flow of $175 million to $225 million Shares -3.5% PM. More on AdaptHealth Corp. AdaptHealth Corp. (AHCO) Presents at J.P. Morgan 2026 Global Leveraged Finance Conference Transcript AdaptHealth Corp. (AHCO) Q4 2025 Earnings Call Transcript AdaptHealth Corp. 2025 Q4 - Results - Earnings Call Presentation AdaptHealth refinances $1.1B senior secured credit facility Adapthealth outlines 6%–8% revenue growth for 2026 as new capitated contract ramps up
(RTTNews) - Battery manufacturer Energizer Holdings, Inc. (ENR) on Tuesday reported lower first-quarter earnings, as a decline in revenue and higher one-off items weighed on profitability.
(RTTNews) - Battery manufacturer Energizer Holdings, Inc. (ENR) on Tuesday reported lower first-quarter earnings, as a decline in revenue and higher one-off items weighed on profitability.