Earnings Call Insights: Napco Security Technologies (NSSC) Q3 fiscal 2026 Management View "During the quarter, total company sales grew nearly 12% year-over-year" and "our recurring service revenue once again delivered outstanding performance, increasing more than 15%... and representing approximately 51% of total company sales" with "an annualized run rate of over $100 million" (COO, President & ...
Earnings Call Insights: Napco Security Technologies (NSSC) Q3 fiscal 2026 Management View "During the quarter, total company sales grew nearly 12% year-over-year" and "our recurring service revenue once again delivered outstanding performance, increasing more than 15%... and representing approximately 51% of total company sales" with "an annualized run rate of over $100 million" (COO, President & Director Kevin Buchel). "Equipment revenue grew over 8% year-over-year, predominantly driven by continued demand for our locking products" and "equipment gross margins improved to approximately 29%" as the company cited "disciplined pricing, favorable product mix and continued operational efficiencies" (COO, President Buchel). "We recorded a charge of $16 million in connection with the settlement of outstanding litigation" and "another dividend of $0.15 per share" was announced, "payable on July 3, 2026, to shareholders of record on June 12, 2026" (COO, President Buchel). "Net revenue for the quarter ended March 31, 2026, increased 11.8% to $49.2 million" and "non-GAAP net income for the quarter increased 36.9% to $13.9 million or $0.39 per diluted share" (Senior VP of Finance, CFO & CAO Andrew Vuono). "Our inclusion in the S&P SmallCap 600 is an important milestone" and "we're also driving a new phase of commercial expansion by entering the architectural and engineering specification market" (COO, President Buchel). Outlook "Last year at this time, we had 2 price increases we announced... This year, we have a general price increase" and "we are much more disciplined in our discounting now than we've ever been" (COO, President Buchel). "As we enter -- as we're into this fourth quarter that we're in now, it might be a little different than it was a year ago" and "from a profitability point of view, it should be better than it was a year ago" (COO, President Buchel). "MVP, we have said -- it's an 18 -- give it 18 months... 18 months puts us about October of this year" and "th...
Ryan Cohen said he didn’t understand questions about how the video games retailer could afford its $55.5bn bid Sign up for the Breaking News US newsletter email GameStop ’s shares fell more than 10% on Monday as questions emerged about how the company would finance its surprise $55.5bn bid for eBay . In an interview with CNBC , Ryan Cohen, GameStop’s CEO, skirted repeated inquiries about how the v...
Ryan Cohen said he didn’t understand questions about how the video games retailer could afford its $55.5bn bid Sign up for the Breaking News US newsletter email GameStop ’s shares fell more than 10% on Monday as questions emerged about how the company would finance its surprise $55.5bn bid for eBay . In an interview with CNBC , Ryan Cohen, GameStop’s CEO, skirted repeated inquiries about how the video games retailer could afford the deal, saying he didn’t understand the questions. Continue reading...
Famed investor Michael Burry sold his entire position in GameStop Corp. after the gaming retailer made an offer to buy e-commerce company eBay Inc. for about $56 billion in cash and stock. Made famous in The Big Short , Burry in a Substack post on Monday said GameStop is his first sale since starting the blog. GameStop shares fell more than 2% in postmarket trading. “I sold my entire GME position,...
Famed investor Michael Burry sold his entire position in GameStop Corp. after the gaming retailer made an offer to buy e-commerce company eBay Inc. for about $56 billion in cash and stock. Made famous in The Big Short , Burry in a Substack post on Monday said GameStop is his first sale since starting the blog. GameStop shares fell more than 2% in postmarket trading. “I sold my entire GME position,” Burry said. “Any which way I sliced it, the Instant Berkshire thesis was never compatible with >5x Debt/EBITDA, never ok with interest coverage under 4.0x.” The GameStop sale marks the latest move among Burry’s publicized stock transactions . He recently posted about buying puts on the iShares Semiconductor ETF , a new position. The investor on Monday also said he more than doubled his position in Lululemon Athletica Inc. The stock was trading slightly higher, about 0.2%, in postmarket trading.
According to a Securities and Exchange Commission (SEC) filing dated May 4, 2026, IFC Advisors LLC increased its stake in Genius Sports (NYSE:GENI) by 676,034 shares. The estimated transaction value is $4.81 million, based on the mean unadjusted closing price for the first quarter of 2026. The position’s value at quarter-end fell by $16.17 million, reflecting both the share purchase and market pri...
According to a Securities and Exchange Commission (SEC) filing dated May 4, 2026, IFC Advisors LLC increased its stake in Genius Sports (NYSE:GENI) by 676,034 shares. The estimated transaction value is $4.81 million, based on the mean unadjusted closing price for the first quarter of 2026. The position’s value at quarter-end fell by $16.17 million, reflecting both the share purchase and market price movements. Genius Sports is a leading provider of technology-driven products and services to the global sports ecosystem, with a focus on data collection, distribution, and integrity solutions. The company leverages proprietary technology to deliver real-time sports data and streaming content to betting operators and media partners, supporting both regulatory compliance and customer engagement. Its integrated platform and broad service offering position Genius Sports as a critical partner for sports leagues and betting operators in a rapidly evolving digital sports landscape. IFC’s investment in Genius Sports hasn’t worked out so well. The stock is down by 59% in 2026. Continue reading
Tenneco Inc. has picked banks to lead its initial public offering, according to people familiar with the matter, as the automotive supplier advances a public listing four years after it was acquired by Apollo Global Management Inc. The manufacturer selected Bank of America Corp. , Barclays Plc , Citigroup Inc. and JPMorgan Chase & Co. to lead the process, said the people, who asked not to be ident...
Tenneco Inc. has picked banks to lead its initial public offering, according to people familiar with the matter, as the automotive supplier advances a public listing four years after it was acquired by Apollo Global Management Inc. The manufacturer selected Bank of America Corp. , Barclays Plc , Citigroup Inc. and JPMorgan Chase & Co. to lead the process, said the people, who asked not to be identified because discussions are private. The Northville, Michigan-based company and Apollo are looking at ways to monetize the business and an IPO is the leading option currently, Bloomberg News reported last week. Apollo could take all of Tenneco public or part of it and keep another unit, like the Driv aftermarket parts business, under private ownership, some of the people said. No final decisions have been made. Deliberations are ongoing and details of the proposed IPO could change, the people said. Representatives for Apollo, Bank of America, Barclays, Citigroup and JPMorgan declined to comment. Tenneco, one of the world’s largest auto parts makers, believes the time is right for a return to the public market after President Donald Trump eliminated consumer tax credits for electric vehicles and watered down emissions requirements, paving the way for a revival of gasoline-powered vehicles. The shift has given a boost to automakers such as General Motors Co. and Ford Motor Co. , while also lifting the shares of parts suppliers. For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . Tenneco is on pace for more than $2 billion in earnings before interest, taxes, depreciation and amortization this year, close to double what it made before Apollo bought it, Bloomberg News reported, implying a value of about $14 billion for the entire company based on comparable company valuations. Apollo paid $1.6 billi...
PM will say responsibility to stand with Jewish communities lies with ‘every one of us’ at event on Tuesday Keir Starmer will call for a whole-of-society response to rising antisemitism on Tuesday, saying that it is not enough simply to condemn the scourge, but people “must show it” through their actions too. Before a roundtable event at Downing Street, the prime minister will call for action on a...
PM will say responsibility to stand with Jewish communities lies with ‘every one of us’ at event on Tuesday Keir Starmer will call for a whole-of-society response to rising antisemitism on Tuesday, saying that it is not enough simply to condemn the scourge, but people “must show it” through their actions too. Before a roundtable event at Downing Street, the prime minister will call for action on all forms of antisemitism, after a knife attack against the Jewish community in Golders Green last week, a spate of serious arson attacks and the terror incident in Heaton Park in October. Continue reading...
Transocean press release ( RIG ): Q1 Non-GAAP EPS of -$0.03 misses by $0.11 . Revenue of $1.08B (+3.8% Y/Y) beats by $50M . 2026 SECOND QUARTER AND FULL YEAR OUTLOOK The following table includes guidance on key items for the second quarter and full year of 2026: 2Q26E FY26E (In millions, except percentages) Contract drilling revenues $ 930 – 970 $ 3,800 – 3,900 Revenue efficiency, fleet wide (1) 9...
Transocean press release ( RIG ): Q1 Non-GAAP EPS of -$0.03 misses by $0.11 . Revenue of $1.08B (+3.8% Y/Y) beats by $50M . 2026 SECOND QUARTER AND FULL YEAR OUTLOOK The following table includes guidance on key items for the second quarter and full year of 2026: 2Q26E FY26E (In millions, except percentages) Contract drilling revenues $ 930 – 970 $ 3,800 – 3,900 Revenue efficiency, fleet wide (1) 96.50% 96.50% Selected costs and expenses Operating and maintenance expense $ 630 – 660 $ 2,250 – 2,375 General and administrative $ 40 – 45 $ 170 – 180 Interest expense $ 113 $ 610 Interest income $ 5 – 10 $ 25 – 30 Capital expenditures $ 30 – 40 $ 150 Cash taxes $ 30 $ 70 – 75 Total liquidity — $ 1,250 – 1,350 Click to enlarge More on Transocean Transocean: No Longer Distressed, No Longer Cheap Transocean: Rising Day Rates And Cash Flows Mean I'm Getting On Board Transocean: A Long-Term Structural Play On Deepsea Drilling Revival Transocean awarded five-well drillship deal worth $158M Transocean secures $425M Petrobras drillship extension
In global discourse, a script has been handed to us: the United States and China are locked in a “tech race”. But this is really a misnomer. True competition requires a level playing field. When one runner trips the other to ensure victory, it’s not a competition; it’s cheating. So, when Washington deploys an arsenal of sanctions, export controls and diplomatic strong-arming to hamstring China’s t...
In global discourse, a script has been handed to us: the United States and China are locked in a “tech race”. But this is really a misnomer. True competition requires a level playing field. When one runner trips the other to ensure victory, it’s not a competition; it’s cheating. So, when Washington deploys an arsenal of sanctions, export controls and diplomatic strong-arming to hamstring China’s technological ascent, it is not competing. It is an act of suppression. This reflects a deliberate...
Flagship Communities Real Estate Investment Trust press release ( MHCUF ): Q1 Rental revenue and related income of $29.9M (+20.6% Y/Y) beats by $1.4M . AFFO adjusted per unit (diluted)2 was $0.341 compared to $0.310 which was an increase of $0.031 per unit or 10.0% FFO adjusted per unit (diluted)2 was $0.381 compared to $0.342 which was an increase of $0.039 per unit or 11.4% Adjusted funds from o...
Flagship Communities Real Estate Investment Trust press release ( MHCUF ): Q1 Rental revenue and related income of $29.9M (+20.6% Y/Y) beats by $1.4M . AFFO adjusted per unit (diluted)2 was $0.341 compared to $0.310 which was an increase of $0.031 per unit or 10.0% FFO adjusted per unit (diluted)2 was $0.381 compared to $0.342 which was an increase of $0.039 per unit or 11.4% Adjusted funds from operations (“AFFO”) per unit (diluted)2 was $0.342 compared to $0.301, which was an increase of $0.041 per unit or 13.6% Same Community Revenue1 was $26.9 million, up 8.6% compared to $24.8 million Net income and comprehensive income was $22.1 million compared to $10.5 million Net Operating Income (“NOI”) was $19.3 million, up 17.4% compared to $16.4 million More on Flagship Communities Real Estate Investment Trust Flagship Communities Real Estate Investment Trust (MHC.UN:CA) Q4 2025 Earnings Call Transcript Flagship Communities Real Estate Investment Trust 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for Flagship Communities Real Estate Investment Trust Dividend scorecard for Flagship Communities Real Estate Investment Trust Financial information for Flagship Communities Real Estate Investment Trust
Prime Minister Keir Starmer is due to host meetings to tackle antisemitism on Tuesday after two men were stabbed in north London last week in the latest attack targeting British Jews. Representatives from business, civil society, health, culture, higher education and policing will take part in the discussions with members of the Jewish community and ministers at Downing Street. “It is not enough t...
Prime Minister Keir Starmer is due to host meetings to tackle antisemitism on Tuesday after two men were stabbed in north London last week in the latest attack targeting British Jews. Representatives from business, civil society, health, culture, higher education and policing will take part in the discussions with members of the Jewish community and ministers at Downing Street. “It is not enough to simply say we stand with Jewish communities. We must show it,” Starmer is expected to say at the event, according to a statement released by his office. “And that responsibility lies with each and every one of us. That is what today is about. Because only by working together, can we eradicate antisemitism from every corner of society.” The talks come after a knife rampage in the Golders Green district of the UK capital left two Jewish men, ages 76 and 34, in hospital, with police declaring it to be a terrorist incident. A British man of Somali origins was charged with attempted murder on Friday. Counter-terrorism police are investigating claims by an online Iranian Islamist group calling itself Harakat Ashab al-Yamin al-Islamiyya that one of their “lone wolves” was responsible. Many among Britain’s roughly 300,000 Jews have grown increasingly alarmed at rising incidents of antisemitism since the Oct. 7, 2023 attacks on Israel and the subsequent war in Gaza. Four ambulances operated by a Jewish charity were torched last month, also in Golders Green, and two people were killed during an attack on a synagogue in Manchester in October. Starmer has pledged to use the “full power of the state” to crack down on antisemitism. Home Secretary Shabana Mahmood , meanwhile, has announced plans to put in an extra £25 million ($34 million) of funding for increased police patrols and security to protect British Jews, over half of whom live in London. The terrorism threat level in Britain was raised to severe following the April 29 stabbings, meaning an attack is highly likely. The Downin...
Eli Lilly (NYSE: LLY) just delivered another fantastic quarter, showcasing its impressive growth prospects. The company has been a leader in the growing GLP-1 drug market, with fantastic assets in Mounjaro and Zepbound driving much of its growth in recent years. However, despite its strong growth, the stock has given back gains in recent months and is down from the highs of more than $1,100 that i...
Eli Lilly (NYSE: LLY) just delivered another fantastic quarter, showcasing its impressive growth prospects. The company has been a leader in the growing GLP-1 drug market, with fantastic assets in Mounjaro and Zepbound driving much of its growth in recent years. However, despite its strong growth, the stock has given back gains in recent months and is down from the highs of more than $1,100 that it reached earlier in the year. On Monday, it was trading at around $960. In light of its strong Q1 results, can it get back to $1,000 and potentially hit new highs? Image source: Getty Images. Continue reading
Julie Rubinstein, President and Chief Operating Officer of Adaptive Biotechnologies Corporation (NASDAQ:ADPT) , reported the exercise of 14,707 options and immediate sale of 19,037 shares of common stock on April 27, 2026 for a total value of approximately $271,000, as disclosed in the SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 weighted average purchase price (...
Julie Rubinstein, President and Chief Operating Officer of Adaptive Biotechnologies Corporation (NASDAQ:ADPT) , reported the exercise of 14,707 options and immediate sale of 19,037 shares of common stock on April 27, 2026 for a total value of approximately $271,000, as disclosed in the SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 weighted average purchase price ($14.23). Adaptive Biotechnologies Corporation is a biotechnology company specializing in immune-driven diagnostics and therapeutic platforms, with a market presence in both research and clinical settings. Continue reading
Guggenheim Partners Investment Management CIO Anne Walsh discusses the outlook for the equity, oil and fixed income markets. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Walsh sees an extended Iran conflict as the big risk to markets and predicts one more Federal Reserve rate cut this year. (Source: Bloomberg)
Guggenheim Partners Investment Management CIO Anne Walsh discusses the outlook for the equity, oil and fixed income markets. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Walsh sees an extended Iran conflict as the big risk to markets and predicts one more Federal Reserve rate cut this year. (Source: Bloomberg)