Today's Finance Pulse
Cemex secures $3 bn revolving credit facility
Cemex signed a five‑year, US$3 bn syndicated revolving credit facility to fund general corporate purposes, including refinancing existing obligations. The loan imposes a maximum consolidated leverage ratio of 3.75× net debt to EBITDA and a minimum coverage ratio of 2.75× EBITDA.
Also developing:
By the numbers: Pemberton Asset Management closes $3.7bn fourth vintage fund
Gevo Inc (GEVO) Q1 2026 Earnings Call Transcript
Gevo reported Q1 2026 revenue of $43 million, up from $29 million a year earlier, and posted a non‑GAAP adjusted EBITDA of $9 million, a turnaround from a $15 million loss. The company sold 57% of its carbon attributes and generated nearly 20,000 tons of engineered CDRs, boosting margins. Management reaffirmed full‑year adjusted EBITDA guidance of $30 million and a $40 million annualized run‑rate target, while announcing a debottlenecking project and a plan to double North Dakota ethanol capacity. Project NorthStar, after exiting DOE loan guarantees, is pursuing private financing with an expected $150 million annual EBITDA once commissioned.
RealReal Inc (REAL) Q1 2026 Earnings Call Transcript
The RealReal reported Q1 2026 GMV of $606 million, up 24% year‑over‑year, and revenue of $190 million, up 19%. Adjusted EBITDA rose to $13.1 million, expanding margin by 430 basis points to 6.9%. Take rate slipped to 36.4% as the mix shifted toward...
Leggett & Platt Inc (LEG) Q1 2026 Earnings Call Transcript
Leggett & Platt reported fourth‑quarter sales of $939 million, an 11% decline, and full‑year revenue of $4.05 billion, down 7%. The 2025 restructuring plan exceeded expectations, delivering a $70 million EBIT run‑rate benefit at lower cost and reducing net debt by $376 million, bringing...
Tandem Diabetes Care Inc (TNDM) Q1 2026 Earnings Call Transcript
Tandem Diabetes Care reported record first‑quarter results, with worldwide sales of $247 million and over 29,000 pump shipments, driven primarily by U.S. demand. The company posted a 55% gross margin, the highest ever for a Q1, and narrowed its operating loss...
Himax Technologies Inc (HIMX) Q1 2026 Earnings Call Transcript
Himax Technologies reported Q1 2026 revenue of $199 million, a modest 2% sequential decline, while gross margin held at 30.4% and net profit reached $8 million, or $0.046 per diluted ADS, surpassing guidance. Large display driver sales rose 11.7% on high‑end TV...
Tapestry Inc (TPR) Q3 2026 Earnings Call Transcript
Tapestry reported a 23% pro‑forma revenue increase in Q3 2026, driven by double‑digit growth across Coach, Greater China, and Europe, while operating margin expanded by 490 basis points to 76.9% gross margin. Earnings per share rose 62% to $1.66, and...
Fox Factory Holding Corp (FOXF) Q1 2026 Earnings Call Transcript
Fox Factory reported Q1 2026 net sales of $368.7 million, up 3.9% year‑over‑year and at the high end of its guidance, while adjusted EBITDA reached $35.7 million, also surpassing the top of the forecast range. Gross margin slipped to 28.9%...
NewAmsterdam Pharma Company NV (NAMS) Q1 2026 Earnings Call Transcript
NewAmsterdam Pharma reported Q1 2026 net revenue of $45.1 million, up from $42 million a year earlier, while cash rose to $308 million and the company remains debt‑free. U.S. VASCEPA captured 48% of the IPE market, a 6‑point gain, and branded prescriptions grew...
MDU Resources Group Inc (MDU) Q1 2026 Earnings Call Transcript
MDU Resources reported Q1 2026 net income of $80.8 million, or $0.39 per share, with a modest $0.03 EPS hit from milder weather. The Bakken East pipeline open season attracted 1.4 bcf/d of interest and 40% of capacity is already under signed...
Installed Building Products Inc (IBP) Q1 2026 Earnings Call Transcript
Installed Building Products reported flat Q1 revenue of $748 million but delivered record profitability, posting a 19% adjusted EBITDA margin and a 35% gross margin. Heavy‑commercial sales surged 38%, offsetting a 2% decline in residential same‑branch sales. The company generated $371 million...
Carparts.Com Inc (PRTS) Q1 2026 Earnings Call Transcript
CarParts.com posted its first positive adjusted EBITDA since Q1 2024, reporting $585,000 after a $7 million swing year‑over‑year. Net sales slipped 10% to $132 million, driven by lower advertising spend and weather‑related demand softness. Operating expenses fell 26% to $46 million, reflecting headcount reductions,...
Lifetime Brands Inc (LCUT) Q1 2026 Earnings Call Transcript
Lifetime Brands reported a sharp earnings rebound in 2025, with net income climbing to $18.2 million and adjusted EBITDA reaching $50.8 million despite a 5% drop in total sales. The company’s aggressive pricing response to steep China tariffs lifted gross margins to...
Stratasys Ltd (SSYS) Q1 2026 Earnings Call Transcript
Stratasys reported Q1 2026 revenue of $140 million, down 6.9% year‑over‑year, with GAAP gross margin slipping to 36.8% and a GAAP net loss of $18.9 million. Non‑GAAP metrics showed modest profitability, delivering $6.2 million net income. The company highlighted expanding manufacturing revenue to...
Lantheus Holdings Inc (LNTH) Q1 2026 Earnings Call Transcript
Lantheus Holdings reported Q1 2026 revenue of $377.3 million, a 1.2% year‑over‑year increase and 8.6% when excluding divested SPEC revenue. Oncology sales from PYLARIFY fell 6.5% despite a 5.8% volume rise, while cardiology product DEFINITY grew 6.8% and retained over 80%...
Olin Corp (OLN) Q1 2026 Earnings Call Transcript
Olin Corp reported a $86 million adjusted EBITDA in Q1 2026 and guided Q2 adjusted EBITDA to $160‑200 million, reflecting a sequential earnings boost. The company highlighted $1.3 billion of liquidity after amending its credit facilities to extend covenant flexibility through late 2027....
AerSale Corp (ASLE) Q1 2026 Earnings Call Transcript
AerSale reported Q1 2026 revenue of $70.6 million, up 7.4% year‑over‑year, and adjusted EBITDA of $7.4 million, a 132% increase, delivering a 10.4% margin. Growth stemmed from higher leasing activity, a 10% rise in Asset Management Solutions revenue to $43.1 million, and new...
Sempra (SRE) Q1 2026 Earnings Call Transcript
Sempra reported Q1 2026 GAAP earnings of $1.37 billion and adjusted earnings of $991 million, reaffirming its full‑year EPS guidance. The company secured key regulatory approvals, including Oncor’s Texas base‑rate case with a 9.75% ROE and a $4.4 billion UTM filing, and an...
I3 Verticals Inc (IIIV) Q2 2026 Earnings Call Transcript
I3 Verticals reported a balanced revenue mix, with utilities, transportation, education and public administration each contributing roughly 25% of total sales. Seasonal patterns show Q4 delivering the strongest quarter at about 27% of annual revenue, while professional services are expected...
Stoneridge Inc (SRI) Q1 2026 Earnings Call Transcript
Stoneridge Inc. reported a strong 2025 performance, highlighted by MirrorEye revenue surging 69% to $111 million and record Brazil OEM sales of $26.7 million. The company divested its Control Devices segment for $59 million, using proceeds to reduce debt and simplify the balance...
Planet Fitness Inc (PLNT) Q1 2026 Earnings Call Transcript
Planet Fitness reported Q1 2026 net new membership of over 700,000, falling short of internal targets despite a 3.5% same‑club sales increase driven largely by rate growth. Adjusted EBITDA rose 20% to $140 million, though margin slipped to 41.5%, while total...
Heritage Global Inc (HGBL) Q1 2026 Earnings Call Transcript
Heritage Global Inc. posted Q1 2026 revenue of $12.7 million, down 6% year‑over‑year, and net income of $0.02 per share, reflecting a modest profit despite a $600,000 operating loss from the newly integrated DebtX acquisition. The Industrial Assets division posted...
Tucows Inc (TCX) Q1 2026 Earnings Call Transcript
Tucows reported a solid Q1 2020 performance, with revenue rising 6% to $84 million and adjusted EBITDA jumping 34% to $12.7 million. The Domains segment drove growth, aided by the Ascio acquisition, while wholesale registrations increased 5% despite organic declines. Ting Mobile...
Kimbell Royalty Partners LP (KRP) Q1 2026 Earnings Call Transcript
Kimbell Royalty Partners reported Q1 2026 revenue of $82.9 million and run‑rate production of 25,522 BOE per day, surpassing the midpoint of its guidance. The company declared a $0.41 per unit distribution, an 11% increase year‑over‑year, yielding roughly an 11% tax‑advantaged annualized...
Collegium Pharmaceutical Inc (COLL) Q1 2026 Earnings Call Transcript
Collegium Pharmaceutical reported record full‑year net revenue of $780.6 million, a 24% increase year‑over‑year, and an all‑time high adjusted EBITDA of $460.5 million. Growth was driven by the pain portfolio’s steady performance and a surge in Jornay PM sales, which posted $148.9 million in...
Post Holdings Inc (POST) Q2 2026 Earnings Call Transcript
Post Holdings posted a strong Q2 2026, with adjusted EBITDA beating internal forecasts while keeping full‑year guidance unchanged due to Middle East conflict risks. Share repurchases have trimmed the share count by 15% year‑to‑date, and cash flow remains robust, providing...
Griffon Corp (GFF) Q2 2026 Earnings Call Transcript
Griffon Corp reported Q2 2026 revenue of $422 million, a modest 1% decline year‑over‑year, driven by a 6% drop in residential volume offset by a 5% price‑mix improvement. Adjusted EBITDA fell 4% to $98 million, with the EBITDA margin slipping...
Celsius Holdings Inc (CELH) Q1 2026 Earnings Call Transcript
Celsius Holdings reported record first‑quarter 2026 revenue of $783 million, driven by strong performance across its CELSIUS, Alani Nu and Rockstar brands. Net sales for Alani Nu surged 60% year‑over‑year after the PepsiCo distribution transition, while CELSIUS grew 6% and Rockstar contributed $67 million....
Suburban Propane Partners LP (SPH) Q2 2026 Earnings Call Transcript
Suburban Propane Partners reported Q2 FY2026 adjusted EBITDA of $175.3 million, essentially flat year‑over‑year, while adjusted net income rose modestly to $139.3 million. Retail propane volumes held steady at 161.6 million gallons, offset by a 3% increase in the East...
Granite Ridge Resources Inc (GRNT) Q1 2026 Earnings Call Transcript
Granite Ridge Resources reported Q4 2025 results, showing a 27% production increase to 35,100 barrels of oil equivalent per day and adjusted EBITDAX of $69.5 million, with full‑year EBITDAX of $315 million. Capital expenditures fell to $401 million, and the company trimmed development...
Werewolf Therapeutics Inc (HOWL) Q1 2026 Earnings Call Transcript
Werewolf Therapeutics reported a record Q1 2026 with net income of $515 million and operating income of $514 million, delivering a 21.2% return on equity. Catastrophe losses fell to $76 million, improving the combined ratio to 90.7% and supporting underwriting profitability. The company...
Clarus Corp (CLAR) Q1 2026 Earnings Call Transcript
Clarus Corp reported Q1 2026 revenue of $61.9 million, up 2.5% year‑over‑year, with gross margin improving to 36.8%. The Outdoor segment continued to grow, while the Adventure segment turned a modest profit but faces a steep demand drop in Australia,...
Information Services Group Inc (III) Q1 2026 Earnings Call Transcript
Information Services Group (ISG) reported Q2 2019 revenue of $67.3 million, a 3% year‑over‑year decline, while adjusted EBITDA more than doubled to $8.1 million versus the first quarter. Digital services now represent roughly 45% of the company’s top line, and the ISG...
GCM Grosvenor Inc (GCMG) Q1 2026 Earnings Call Transcript
GCM Grosvenor reported a record $10.7 billion of capital raised in 2025, pushing assets under management to a new high of $91 billion, a 14% increase year‑over‑year. Fee‑related earnings grew 11% with margins expanding to 44%, while adjusted EBITDA and net income...
Ready Capital Corp (RC) Q1 2026 Earnings Call Transcript
Ready Capital Corp reported $380 million of free cash in Q4 and aims to exceed $850 million to meet upcoming 2026 debt maturities. The firm will trim its legacy CRE portfolio by 60% to roughly $2 billion, driving a 14% drop in book...
AvePoint Inc (AVPT) Q1 2026 Earnings Call Transcript
AvePoint reported record Q1 2026 results, delivering $117.2 million in total revenue—a 26% year‑over‑year increase that topped the high end of its guidance. SaaS revenue surged 35% to $93.4 million, representing 80% of the top line and driving ARR to $435.2 million, up...
Zoetis Inc (ZTS) Q1 2026 Earnings Call Transcript
Zoetis reported Q1 2026 revenue of $2.3 billion, up 3% on a reported basis but flat on an organic operational basis, with price gains offset by volume declines. The livestock and diagnostics segments delivered double‑digit growth, while companion animal revenues fell...
Vital Farms Inc (VITL) Q1 2026 Earnings Call Transcript
Vital Farms reported a record Q1 2026 revenue of $198.9 million, up 37.2% year‑over‑year, driven by strong volume growth and favorable price mix. Gross margin expanded to 37.7%, surpassing its 35% long‑term target, while adjusted EBITDA surged 81.3% to $27.4 million, representing...
Crinetics Pharmaceuticals Inc (CRNX) Q1 2026 Earnings Call Transcript
Crinetics reported $10.3 million net product revenue from Palsonify in Q1 2026, driven by 232 new patient enrollments and a prescriber base that grew to 263 unique physicians. Treatment‑naive patients rose to 15 % of enrollments, indicating expanding first‑line use. Reimbursement coverage...
Fortune Brands Innovations Inc (FBIN) Q1 2026 Earnings Call Transcript
Fortune Brands Innovations posted Q1 2026 revenue of $1 billion, a 2 percent decline, and operating margin fell to 11.1 percent amid higher raw‑material, freight and tariff costs. The board appointed interim CEO David Barry and interim CFO Ashley George while restarting the...
SCI-In-Focus:-ECON-Backs-Securitisation-Revamp,-but-Market-Warns-of-'Pyrrhic-Victory'
The European Commission’s ECON unit has unveiled a sweeping revamp of the EU securitisation framework, aiming to modernise standards and unlock €200 bn of new issuance by 2028. The proposal replaces the 2020 rules with a more flexible, risk‑based approach and...
Hudson Pacific Properties Inc (HPP) Q1 2026 Earnings Call Transcript
Hudson Pacific Properties reported a transformative 2025, completing $330 million of strategic asset sales and over $2 billion of capital transactions that doubled liquidity to $934 million. The REIT cut net debt by 22%, improved debt‑to‑book to 31.9%, and reduced G&A expenses 33%...
Heritage Insurance Holdings Inc (HRTG) Q1 2026 Earnings Call Transcript
Heritage Insurance Holdings reported a strong Q1 2020, with book value per share up 9% YoY to $16.11 and gross premiums written rising 8.9% to $229.1 million. Net income increased to $7.6 million, and the net combined ratio improved to 95.2%, reflecting...
Clearwater Analytics Holdings Inc (CWAN) Q1 2026 Earnings Call Transcript
Clearwater Analytics reported Q3 2025 non‑GAAP revenue of $205.1 million, a 77% year‑over‑year increase, and annualized recurring revenue of $807.5 million, also up 77%. Adjusted EBITDA rose to $70.7 million, lifting the margin to 34.5% and delivering a record 78.5% gross margin for...
Oportun Financial Corp (OPRT) Q1 2026 Earnings Call Transcript
Oportun Financial reported Q1 2026 revenue of $229 million, down 3 percent, while achieving GAAP net income of $2.3 million, its sixth consecutive profitable quarter. Originations fell 11 percent, but 79 percent came from returning borrowers, improving delinquency and charge‑off metrics. The company reduced its...
Westrock Coffee Co (WEST) Q1 2026 Earnings Call Transcript
Westrock Coffee Co. reported Q1 2026 results that marked a decisive turnaround, with consolidated adjusted EBITDA soaring to $26 million—more than triple the prior year—and net sales climbing 44% to $308.8 million. The company posted a $3.2 million operating profit after a $13.1 million loss...
CRA International Inc (CRAI) Q1 2026 Earnings Call Transcript
CRA International reported a record third‑quarter revenue of $167.7 million, up 13.7% year‑over‑year, and achieved its highest utilization rate at 76% despite a 3.6% reduction in consultant headcount. Profitability surged, with non‑GAAP net income, EPS and EBITDA each rising over 50%,...
Reinsurance Group of America Inc (RGA) Q1 2026 Earnings Call Transcript
Reinsurance Group of America posted pretax adjusted operating income of $611 million and adjusted EPS of $6.97 in Q1 2026, delivering a 16.2% adjusted ROE for the trailing twelve months. Traditional premium growth was 5% globally, driven by strong performance in...
Mitek Systems Inc (MITK) Q2 2026 Earnings Call Transcript
Mitek Systems reported fiscal 2025 total revenue of $180 million, with Q4 revenue of $44.8 million, up 4% year‑over‑year. SaaS revenue accelerated to 21% annual growth, now representing 43% of total revenue, and adjusted EBITDA reached $54 million, delivering a 30% margin. The...
Silvaco Group Inc (SVCO) Q1 2026 Earnings Call Transcript
Silvaco reported Q1 2026 revenue of $17.8 million, a 26% year‑over‑year increase, and bookings of $17.2 million, both surpassing guidance. Gross margins rose to 86.4% GAAP and 87.9% non‑GAAP, while operating expenses fell sequentially, delivering a non‑GAAP operating loss of $0.47 million. Unrestricted...
Cherry Hill Mortgage Investment Corp (CHMI) Q1 2026 Earnings Call Transcript
Cherry Hill Mortgage Investment Corp reported a GAAP net loss of $2 million ($0.05 per diluted share) for Q1 2026, with book value per common share falling 6.1% to $3.23. Earnings available for distribution were $5.3 million, and the company declared a $0.10...