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
CoreWeave Inc (CRWV) Q1 2026 Earnings Call Transcript
CoreWeave reported $5.1 billion revenue for 2025, a 168% year‑over‑year increase, and expanded its contracted backlog to $66.8 billion. The company added 260 MW of active power in Q4, reaching 850 MW across 43 data centers, and announced a 2026 capital‑expenditure plan of $30‑35 billion to double capacity. A $2 billion strategic investment from NVIDIA and $2.6 billion in convertible notes bolstered liquidity, while guidance projects $12‑13 billion revenue in 2026. Management expects all new capacity to generate revenue by year‑end, delivering strong cash‑flow visibility.
DNOW Inc (DNOW) Q1 2026 Earnings Call Transcript
DNOW completed its merger with MRC Global on November 6, creating a larger, diversified energy‑industrial distributor. Full‑year 2025 revenue rose 19% to $2.8 billion, driven largely by the MRC contribution, and adjusted EBITDA reached a record $209 million (7.4% of revenue). The company...
Maximus Inc (MMS) Q2 2026 Earnings Call Transcript
Maximus Inc. reported Q2 2026 revenue of $1.31 billion, in line with expectations, and lifted its adjusted EBITDA margin to 14.4% driven by AI‑enabled automation. Adjusted EPS rose to $2.07, offset by a $6.9 million U.S. Services asset impairment and a $4.2 million...
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...
D Market Elektronik Hizmetler Ve Ticaret AS (HEPS) Q1 2026 Earnings Call Transcript
Hepsiburada reported an 84% year‑on‑year increase in Q1 2022 GMV to 8.3 billion Turkish lira, driven by 63% order growth and a 27% rise in active customers to 12 million. Revenue surged 82% to TRY 1.2 billion, helped by a 92% jump in 1P...
Red Cat Holdings Inc (RCAT) Q1 2026 Earnings Call Transcript
Red Cat Holdings reported a record $26.2 million revenue for the quarter, a $25 million year‑over‑year increase, and lifted full‑year revenue to $40.7 million. The company dramatically expanded its cash balance to $167.9 million and scaled production to 50 Black...
Scansource Inc (SCSC) Q3 2026 Earnings Call Transcript
ScanSource (SCSC) posted third‑quarter 2026 results showing 9% year‑over‑year net sales growth, led by strong hardware demand across networking and security. Specialty Technology Solutions drove profit expansion with a 10% gross profit increase and a growing recurring revenue mix, while...
Turning Point Brands Inc (TPB) Q1 2026 Earnings Call Transcript
Turning Point Brands reported Q4 2025 results with revenue up 29% to $121 million, driven by a 266% surge in Modern Oral net sales to $41.3 million. Adjusted EBITDA rose 14% to $30 million, delivering a 24.8% margin. Management launched aggressive 2026 Modern...
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...
Howmet Aerospace Inc (HWM) Q1 2026 Earnings Call Transcript
Howmet Aerospace reported record Q4 2025 results, posting $2.17 billion in revenue—a 15% quarter‑over‑quarter increase and 11% year‑over‑year growth. EBITDA rose 29% to $653 million, delivering a 30% margin, while free cash flow hit $1.43 billion, representing a 93% conversion of net income....
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,...
Walker & Dunlop Inc (WD) Q1 2026 Earnings Call Transcript
Walker & Dunlop reported a blockbuster first quarter, with total transaction volume surging 94% to $13.7 billion and revenues climbing 27% to $301 million. Diluted EPS exploded 475% to $0.46, driven by debt originations that more than doubled to $11.8 billion, led by...
Howard Hughes Holdings Inc (HHH) Q1 2026 Earnings Call Transcript
Howard Hughes Holdings reported a record $476 million MPC earnings before taxes, driven by the sale of 621 residential acres at $890,000 per acre, and an 8% rise in operating asset NOI to $276 million. The company forecast 2026 adjusted...
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%...
Maravai LifeSciences Holdings Inc (MRVI) Q1 2026 Earnings Call Transcript
Maravai LifeSciences reported Q1 2026 revenue of $65.8 million, a 41% year‑over‑year increase and 10% growth in its core business excluding COVID‑related CleanCap sales. Adjusted EBITDA surged to $20.3 million, improving by more than $30 million from a year ago, while free cash...
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....
BlackRock TCP Capital Corp (TCPC) Q1 2026 Earnings Call Transcript
BlackRock TCP Capital Corp (TCPC) reported Q1 2026 results highlighting a sharp reduction in non‑accrual loans to 2.8% of fair‑value assets and net leverage falling to 1.29x, driven by $135 million of exits and paydowns. Adjusted net investment income slipped to...
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...
ICU Medical Inc (ICUI) Q1 2026 Earnings Call Transcript
ICU Medical reported Q1 2026 revenue of $526 million, reflecting 1% organic growth but a 12% decline on a reported basis due to the deconsolidation of its IV Solutions joint venture with Otsuka. Adjusted earnings per share rose 15% to...
Myers Industries Inc (MYE) Q1 2026 Earnings Call Transcript
Myers Industries reported flat quarterly sales of $204 million but delivered strong profitability gains, with adjusted EPS up 63% and gross margin rising to 33.6%. The company generated $20 million of annualized SG&A cost savings, boosting adjusted operating margin to 11% and...
GCI Liberty Inc (GLIBA) Q1 2026 Earnings Call Transcript
GCI Liberty reported a resilient first‑quarter performance amid the COVID‑19 pandemic, highlighted by the launch of its first 5G service in Anchorage and a sharp rise in adjusted OIBDA to $86 million, more than double the prior year. The company’s cash...
Grove Collaborative Holdings Inc (GROV) Q1 2026 Earnings Call Transcript
Grove Collaborative reported Q1 2026 revenue of $42.4 million, a 14.3% YoY decline, driven by fewer orders after an e‑commerce platform migration and reduced advertising. The company posted its first positive adjusted EBITDA in six quarters at $1.6 million and...
Drilling Tools International Corp (DTI) Q1 2026 Earnings Call Transcript
Drilling Tools International reported Q1 2026 revenue of $38 million, driven primarily by $28.9 million in tool rental and $9 million in product sales, while posting a $1.5 million net loss. The company maintained strong tool rental gross margins above...
NCR Voyix Corp (VYX) Q1 2026 Earnings Call Transcript
NCR Voyix Corp reported flat total revenue of $606 million in Q1 2026, while recurring software and services revenues each grew 4%. Adjusted EBITDA rose 5% to $78 million, and non‑GAAP EPS increased 25% to $0.10 per share despite a GAAP loss driven...
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...
Core Molding Technologies Inc (CMT) Q1 2026 Earnings Call Transcript
Core Molding Technologies Inc reported a turnaround in Q1 2026, posting net earnings of $177.3 million versus a loss a year earlier and delivering adjusted earnings of $206.2 million. Consolidated core EBITDA surged 52% year‑over‑year to $316.9 million, with a 14.9% margin, while...
Delcath Systems Inc (DCTH) Q1 2026 Earnings Call Transcript
Delcath Systems reported Q1 2026 revenue of $25 million, a 26% increase year‑over‑year, driven primarily by $23.3 million from its HEPZATO kit. The company recorded a net loss of $1.1 million but posted adjusted EBITDA of $3.4 million and reaffirmed a 2026 revenue target...
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....
Datadog Inc (Pre-Reincorporation) (DDOG) Q1 2026 Earnings Call Transcript
Datadog posted Q1 2026 revenue of $1.01 billion, up 32% YoY and above the high end of guidance, while total ARR surpassed $4 billion. The quarter delivered a 6% sequential revenue increase—the strongest Q1 growth since 2022—and generated $289 million in free cash...
Strattec Security Corp (STRT) Q3 2026 Earnings Call Transcript
Strattec Security reported a 4.5% year‑over‑year revenue decline in Q3 2026, driven mainly by EV program cancellations and lower sales to Ford and Hyundai Kia. Gross margin improved to 16.5%, up 50 basis points, helped by restructuring savings and tariff recoveries....
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...
Figs Inc (FIGS) Q1 2026 Earnings Call Transcript
FIGS reported Q1 2026 net revenue of $159.9 million, up 28% year‑over‑year, propelled by strong scrubwear sales and a 12% increase in active customers to over 3 million. International revenue surged 50%, expanding the company’s footprint to 85 markets, while U.S. revenue...
Liquidity Services Inc (LQDT) Q2 2026 Earnings Call Transcript
Liquidity Services reported Q1 2026 gross merchandise volume of $398 million, a 3% year‑over‑year increase, while GAAP revenue slipped 1% to $121.2 million due to a shift toward consignment sales. Profitability rose sharply, with GAAP net income up 29% and...
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...
CSP Inc (CSPI) Q2 2026 Earnings Call Transcript
CSP Inc. reported $12 million total revenue for Q1 2026, down from $15.7 million a year earlier, as a $4.5 million one‑time product deal did not recur. Service revenue rose 14.6% to $5.3 million, lifting gross margin to 39.3% from 29.1%. Managed Services began billing...
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...
Xponential Fitness Inc (XPOF) Q1 2026 Earnings Call Transcript
Xponential Fitness reported 3,137 open studios at quarter end, with 66 new openings and 26 closures, driven by 43 new North American and 23 international locations. The company added a robust Club Pilates pipeline, securing agreements for roughly 160 future...
Barings BDC Inc (BBDC) Q1 2026 Earnings Call Transcript
Barings BDC Inc. reported Q1 2026 results showing a modest NAV decline to $11.02 per share, driven primarily by a write‑down of a legacy MVC asset. Net investment income slipped to $0.25 per share, just below the $0.26 dividend, but...
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...
Groupon Inc (GRPN) Q1 2026 Earnings Call Transcript
Groupon reported Q1 2021 results featuring $554 million in gross billings, $264 million in revenue and $30 million of adjusted EBITDA. The company highlighted a 56% recovery of North America Local billings versus 2019 and a 70% rebound in gross profit. Cost‑reduction initiatives...
Vericel Corp (VCEL) Q1 2026 Earnings Call Transcript
Vericel Corp reported record Q1 2026 results, posting $68.4 million total revenue—a 30% year‑over‑year increase that topped guidance—driven by strong MAC I ($56.4 million, +22%) and Burn Care ($12 million, >90% growth). Gross margin rose to 72% and adjusted EBITDA surged 195% to $9.6 million,...
XPLR Infrastructure LP (XIFR) Q1 2026 Earnings Call Transcript
XPLR Infrastructure reported Q1 2026 adjusted EBITDA of $435 million and free cash flow before growth of $89 million, reflecting higher financing costs and seasonal wind variability. The company completed roughly 30% of its 2026 repowering program and confirmed a battery storage...
Eastman Kodak Co (KODK) Q1 2026 Earnings Call Transcript
Eastman Kodak reported Q1 2026 results, posting $290 million revenue, a 9% increase, and a gross margin of 23%. Operational EBITDA jumped 144% to $22 million, while adjusted net loss narrowed to $12 million. A $1.023 billion pension‑reversion transaction delivered $870 million net proceeds, enabling...
Organogenesis Holdings Inc (ORGO) Q1 2026 Earnings Call Transcript
Organogenesis Holdings reported a 58% drop in Q1 net product revenue to $36.3 million, driven primarily by a 63% plunge in advanced wound‑care sales after CMS reimbursement policy changes created clinician confusion. The company recorded a GAAP operating loss of...
Cion Investment Corp (CION) Q1 2026 Earnings Call Transcript
Cion Investment Corp reported Q1 2026 net investment income of $0.25 per share, missing its $0.30 monthly distribution target due to lower fees and higher interest expense from recent refinancing. Net asset value fell 4.7% quarter‑over‑quarter to $13.11 per share,...
Warner Music Group Corp (WMG) Q2 2026 Earnings Call Transcript
Warner Music Group reported a 12% rise in total revenue for Q2 2026, propelled by double‑digit growth in recorded music, publishing and physical sales. Adjusted OIBDA surged 24% with margin expanding 230 basis points, while adjusted EPS climbed 38% to...
WillScot Holdings Corp (WSC) Q1 2026 Earnings Call Transcript
WillScot Holdings reported Q1 2026 revenue of $549 million, slightly below last year but ahead of its internal outlook, driven by a 12% jump in delivery and installation revenue. Adjusted EBITDA reached $211 million with a 38.5% margin, though 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...
Oncology Institute Inc (TOI) Q1 2026 Earnings Call Transcript
Oncology Institute Inc (TOI) reported 2025 revenue of $502.7 million, a 27.8% year‑over‑year increase, and delivered its first adjusted‑EBITDA‑positive quarter with $147,000 in Q4 profit. The company’s capitation business expanded 17.2% to $80.5 million, adding 260,000 patient lives through new...