Today's Finance Pulse
SpaceX’s record‑breaking IPO targets $75 billion raise, pushes valuation past $1.7 trillion
SpaceX filed for an IPO that could raise at least $50 billion and value the company above $1 trillion. The June 12 offering priced shares at $135, raising $75 billion and valuing the rocket maker at roughly $1.77 trillion. Analysts say the float highlights strong investor appetite for AI‑linked aerospace assets.
Also developing:
Hyster-Yale Inc (HY) Q1 2026 Earnings Call Transcript
Hyster‑Yale reported Q1 2026 bookings up 42% sequentially and 35% year‑over‑year to $540 million, while revenue slipped to $923 million and the company posted a $16 million adjusted operating loss. Operating cash flow improved to $57 million thanks to tighter inventory management. Tariff expenses remained a major headwind, costing $40 million this quarter and $100 million for the full year. Management highlighted a strategic realignment (VERA) and restructuring that aim to deliver $85‑$100 million of annual savings by 2028.
Oil States International Inc (OIS) Q1 2026 Earnings Call Transcript
Oil States International reported Q4 2025 results with consolidated revenue of $178 million, up 8% sequentially and year‑over‑year, driven by offshore and international markets. Adjusted EBITDA rose 9% to $23 million, while cash flow from operations surged 63% to $50 million, allowing the...
Viemed Healthcare Inc (VMD) Q1 2026 Earnings Call Transcript
Viemed Healthcare reported a 14.7% year‑over‑year revenue increase in Q2 2025, driven entirely by organic growth, with its core ventilation business still contributing 54% of sales. Sleep therapy patients rose 15% sequentially, making sleep the fastest‑growing segment, while the resupply...
LoanDepot Inc (LDI) Q1 2026 Earnings Call Transcript
loanDepot reported a 15% rise in pull‑through weighted rate lock volume to $5.4 billion and a 20% jump in adjusted revenue to $278 million, narrowing its adjusted net loss to $25 million. The company’s gain‑on‑sale margin accelerated to 355 basis points, surpassing guidance,...
Enpro Inc (NPO) Q1 2026 Earnings Call Transcript
EnPro Industries reported fiscal 2025 sales of $1.14 billion, a 9% year‑over‑year increase, driven by strong aerospace, food‑biopharma, and semiconductor demand. Both Sealing Technologies and Advanced Surface Technologies posted double‑digit revenue growth, with Sealing Technologies EBITDA margin expanding to 32.8%. The...
SLR Investment Corp (SLRC) Q1 2026 Earnings Call Transcript
SLR Investment Corp reported flat net investment income of $0.40 per share and a net income of $0.46 per share, delivering a 10.1% annualized ROE. Year‑end NAV rose to $18.26 per share as the $3.3 billion portfolio grew 7.2% YoY, driven...
Devon Energy Corp (DVN) Q1 2026 Earnings Call Transcript
Devon Energy announced a merger with Cotera Energy that aims to generate $1 billion of pretax run‑rate synergies by the end of 2027. The company reported $3.1 billion of free cash flow for 2025, supporting a $2.2 billion shareholder return package and a...
Alphatec Holdings Inc (ATEC) Q1 2026 Earnings Call Transcript
Alphatec Holdings reported Q1 2026 revenue of $192 million, up 14% year‑over‑year, with surgical revenue climbing 17% but falling short of internal targets due to weaker EOS segment performance. Case volume rose 21% and new surgeon users increased 23%, underscoring strong...
WEYCO Group Inc (WEYS) Q1 2026 Earnings Call Transcript
Weyco Group reported a 5% decline in Q4 and full‑year net sales, falling to $76.8 million and $276 million respectively, as both wholesale and retail segments were hit by incremental tariffs and softer consumer demand. Gross margins compressed to 44.1% in Q4...
Public Service Enterprise Group Inc (PEG) Q1 2026 Earnings Call Transcript
Public Service Enterprise Group (PEG) posted first‑quarter 2026 net income of $1.48 per share and non‑GAAP operating earnings of $1.55 per share, both up year‑over‑year. The utility invested roughly $800 million in the quarter, staying on track for a $4.2 billion full‑year...
Ferguson Enterprises Inc (FERG) Q1 2026 Earnings Call Transcript
Ferguson Enterprises reported Q1 2026 net sales of $7.8 billion, a modest 0.8% increase year‑over‑year, driven primarily by acquisition‑related growth as organic revenue slipped 0.3%. Total volume rose about 3% while commodity prices fell roughly 2%, compressing gross margin to 30.1%,...
Navigating-MFS's-Downfall:-a-Resiliency-Test-for-ABF
The recent collapse of MFS, a major player in structured private credit, has exposed vulnerabilities across the asset‑backed finance (ABF) ecosystem. Market participants are scrambling to assess liquidity gaps, counterparty exposures, and the adequacy of legal safeguards. Gabriel Yomi Dabiri...
Sotera Health Co (SHC) Q1 2026 Earnings Call Transcript
Sotera Health reported Q2 2025 revenue of $294 million, up 6.4% year‑over‑year, and adjusted EBITDA of $151 million, a 9.8% increase, pushing the adjusted EBITDA margin to 51.2%. Growth was led by Sterigenics, which posted a 10.5% revenue rise, and...
Leidos Holdings Inc (LDOS) Q1 2026 Earnings Call Transcript
Leidos reported Q1 2026 revenue of $4.2 billion, a 3.6% decline that normalizes to roughly 4% growth after accounting for a six‑week government shutdown and an extra work week in the prior year. Full‑year 2025 revenue reached $17.2 billion, up 3.1%, with...
Entravision Communications Corp (EVC) Q1 2026 Earnings Call Transcript
Entravision Communications posted a 114% revenue surge to $197 million in Q1 2026, propelled by a 204% jump in its Advertising Technology and Services (ATS) segment. The ATS segment generated $34.3 million in operating profit, a 427% increase year‑over‑year, while the Media segment...
International General Insurance Holdings Ltd (IGIC) Q1 2026 Earnings Call Transcript
International General Insurance Holdings (IGIC) posted solid Q3 2025 results, delivering $33.5 million net income for the quarter and $94.9 million for the first nine months, while returning nearly $100 million to shareholders through dividends and buybacks. The company’s S&P rating...
Onity Group Inc (ONIT) Q1 2026 Earnings Call Transcript
Onity Group reported adjusted pretax income of $31 million for the quarter, delivering an annualized adjusted return on equity of 25%, well above its guidance. Servicing unpaid principal balance grew by $17 billion (6% YoY) with $39 billion of net additions, while originations...
Lumentum Holdings Inc (LITE) Q3 2026 Earnings Call Transcript
Lumentum Holdings posted a record $665.5 million revenue for Q2 FY2026, up more than 65% year‑over‑year, driven by strong components sales and rapid growth in cloud transceivers, optical circuit switches (OCS) and co‑packaged optics (CPO). Non‑GAAP operating margin surged to 25.2%,...
Portillos Inc (PTLO) Q1 2026 Earnings Call Transcript
Portillo's reported Q1 2026 revenue of $185.7 million, a modest 0.6% increase driven solely by non‑comparable restaurant openings, while same‑restaurant sales slipped 3.3% as transaction counts fell. Commodity, labor and occupancy costs rose, compressing restaurant‑level adjusted EBITDA margin to 21.8% and...
Socket Mobile Inc (SCKT) Q1 2026 Earnings Call Transcript
Socket Mobile reported Q4 2025 revenue of $4 million, an 18% year‑over‑year drop but a 28% sequential rise, while full‑year sales fell 20% to $15 million. Operating expenses were trimmed 10% YoY, yet the company posted a $3.7 million operating loss and recognized...
Skyworks Solutions Inc (SWKS) Q2 2026 Earnings Call Transcript
Skyworks Solutions reported Q2 2026 revenue of $944 million and EPS of $1.15, both beating the top of guidance. Mobile accounted for 58% of sales while broad markets grew 10% YoY, driven by Wi‑Fi, data‑center and automotive segments. The company...
InnovAge Holding Corp (INNV) Q3 2026 Earnings Call Transcript
InnovAge Holding Corp. posted Q3 2026 revenue of $239.7 million, up 14.7% year‑over‑year, and achieved an adjusted EBITDA margin of 9.2%, meeting its intermediate‑term target for the first time. Net income turned positive at $11.8 million, while adjusted EBITDA rose...
Bowhead Specialty Holdings Inc (BOW) Q1 2026 Earnings Call Transcript
Bowhead Specialty Holdings reported a 24% rise in gross written premiums to $862.8 million for 2025, driven primarily by a 28% surge in casualty business. Adjusted net income jumped 30% to $55.6 million, while the expense ratio slipped below 30%...
Pitney Bowes Inc (PBI) Q1 2026 Earnings Call Transcript
Pitney Bowes reported Q1 2021 revenue of $915 million, up 14% in constant currency, with adjusted EPS of $0.07 versus a GAAP loss of $0.18 driven by a $0.22 refinancing charge. Adjusted EBIT rose to $50 million, yielding a 5% margin, while...
Enact Holdings Inc (ACT) Q1 2026 Earnings Call Transcript
Enova International reported a record $875 million in Q1 2026 revenue, up 17% year‑over‑year, driven by a 33% surge in total originations to $2.3 billion. Small‑business loans led the growth, expanding 42% to $1.7 billion, while consumer originations rose 10% to $559 million. Adjusted EPS...
Atomera Inc (ATOM) Q1 2026 Earnings Call Transcript
Atomera reported FY 2025 revenue of $65,000, GAAP loss $20.2 million and non‑GAAP loss $16.1 million, with operating expenses rising modestly. The company confirmed definitive silicon data showing its Mears Silicon Technology (MST) can be deposited in gate‑all‑around nanosheet structures and outperforms...
Kadant Inc (KAI) Q1 2026 Earnings Call Transcript
Kadant Inc. reported record Q4 2025 revenue of $286 million, an 11% increase driven primarily by recent acquisitions and a surge in aftermarket parts sales, which now represent 71% of total revenue. Adjusted EBITDA rose 11% to $58 million, maintaining a 20.3%...
IDEXX Laboratories Inc (IDXX) Q1 2026 Earnings Call Transcript
IDEXX Laboratories reported Q4 2025 revenue of $943 million, a 14% rise on a reported basis and 12% organic growth, driven by strong CAG Diagnostics recurring revenue and a 42% surge in premium instrument placements. EPS jumped 17% year‑over‑year to...
SSR Mining Inc (SSRM) Q1 2026 Earnings Call Transcript
SSR Mining announced a definitive agreement to sell the Çöpler mine for $1.5 billion in cash, with closing expected before the end of Q3 2026. The company ended Q1 debt‑free, holding $634 million in cash and $1.1 billion in total liquidity after generating...
DHT Holdings Inc (DHT) Q1 2026 Earnings Call Transcript
DHT Holdings reported a cash balance of $58.7 million and total liquidity of $235 million at the end of Q1 2022, with EBITDA of $14.4 million but a net loss of $17.3 million after a $7.5 million non‑cash gain. The company maintained tight cost control, operating...
Fortrea Holdings Inc (FTRE) Q1 2026 Earnings Call Transcript
Fortrea Holdings reported Q1 2026 results with revenue of $660.5 million, a 5.2% YoY decline, while full‑year revenue rose modestly 1% to $2.72 billion. Adjusted EBITDA slipped to $54 million for the quarter but the full‑year figure of $189.9 million sits near the top...
Fuel Tech Inc (FTEK) Q1 2026 Earnings Call Transcript
Fuel Tech Inc. posted its strongest annual revenue since 2018, reaching $26.7 million, a 6% increase driven by a 28% jump in its FUEL CHEM segment and solid Q4 growth across both operating units. The company secured $8.8 million of new APC awards,...
Prudential Financial Inc (PRU) Q1 2026 Earnings Call Transcript
Prudential Financial reported a record Q1 2024, delivering $1.5 billion adjusted operating income, a 16% year‑over‑year increase. Strong net inflows boosted PGIM assets to $1.3 trillion, while retirement and individual life sales hit decade‑highs. The company returned over $700 million to shareholders and...
Latham Group Inc (SWIM) Q1 2026 Earnings Call Transcript
Latham Group reported Q1 2026 net sales of $117 million, a 5% year‑over‑year increase, driven by a 2% boost from the recent Freedom Pools acquisition and modest organic growth. Gross margin expanded to 32% and adjusted EBITDA rose 9% to...
Southwest Gas Holdings Inc (SWX) Q1 2026 Earnings Call Transcript
Southwest Gas Holdings reported adjusted net income of $203.9 million for 2025, an 8.7% increase, and adjusted EPS of $3.65, up 19% year‑over‑year. The company set 2026 adjusted EPS guidance at $4.17‑$4.32 and raised its annual dividend 4% to $2.58 per...
Greenlight Capital Re Ltd (GLRE) Q1 2026 Earnings Call Transcript
Greenlight Capital Re reported a record quarter, delivering a $13 million underwriting profit with a 92.1% combined ratio and $44.8 million investment income, driven largely by a 7.9% return from its Solasglas fund. Net income reached $49.3 million, lifting fully‑diluted book value per...
VSE Corp (VSEC) Q1 2026 Earnings Call Transcript
VSE Corp announced a definitive agreement to acquire Aero 3 for $350 million in cash, a deal slated to close in Q4 2025. The acquisition adds a global wheel‑and‑brake MRO platform that generated $120 million in trailing‑twelve‑month revenue, with over 20% EBITDA margins. VSE...
Alight Inc (ALIT) Q1 2026 Earnings Call Transcript
Alight Inc. posted Q1 2026 revenue of $534 million, a 3% decline year‑over‑year but ahead of internal forecasts, while project revenue jumped 29% to $36 million, underscoring its volatility. Adjusted EBITDA fell to $104 million with a near‑20% margin, and free cash flow...
Ferroglobe PLC (GSM) Q1 2026 Earnings Call Transcript
Ferroglobe PLC posted Q1 2026 revenue of $329 million, a 6% sequential rise, driven by strong silicon‑based and manganese‑based alloy volumes and a 13% jump in shipments to 165,000 tons. The company benefited from newly‑implemented EU safeguards and U.S. antidumping duties, which...
Everus Construction Group Inc (ECG) Q1 2026 Earnings Call Transcript
Everus Construction Group reported a record $1.01 billion quarter, up 33% year‑over‑year, and full‑year revenue of $3.75 billion, a 31.5% increase. EBITDA surged 45% in the quarter to $84.8 million and 37.7% for the year, lifting the margin to 8.4%. The company’s backlog...
UL Solutions Inc (ULS) Q1 2026 Earnings Call Transcript
UL Solutions reported a record year with total revenue of $3.1 billion, up 6.4% year‑over‑year, and adjusted EBITDA margin expanding to 25.9%, a 300‑basis‑point improvement. The company generated $403 million of free cash flow, repaid $253 million of debt, and raised its quarterly...
Chemours Co (CC) Q1 2026 Earnings Call Transcript
The Chemours Company announced $300 million net proceeds from the sale of its Kuan Yin site, earmarked for debt reduction and lowering net leverage below three times EBITDA. The firm guided 2026 consolidated net sales growth of 3‑5% and adjusted EBITDA...
Limbach Holdings Inc (LMB) Q1 2026 Earnings Call Transcript
Limbach Holdings reported record 2025 results, with total revenue rising 24.7% to $646.8 million and adjusted EBITDA reaching $81.8 million, driven primarily by strong Owner Direct Relationships (ODR) growth. ODR now represents 75% of the revenue mix, while the recent Pioneer Power...
United Fire Group Inc (UFCS) Q1 2026 Earnings Call Transcript
United Fire Group reported record 2025 results, posting $67 million underwriting profit, $98 million investment income, and $1.3 billion net written premium, while the combined ratio fell to 94.8%. Return on equity climbed to 13.7%, the highest in two decades, and the board...
Atkore Inc (ATKR) Q2 2026 Earnings Call Transcript
Atkore reported Q1 FY26 net sales of $656 million, a 2% organic volume increase, and adjusted EBITDA of $69 million, driven by $30 million of productivity gains. Adjusted earnings per share fell to 83 cents from $1.63 a year earlier, while a one‑time foreign...
Lindblad Expeditions Holdings Inc (LIND) Q1 2026 Earnings Call Transcript
Lindblad Expeditions reported first‑quarter 2024 revenue of $154 million, a 7% year‑over‑year increase, driven by a 20% rise in bookings and strong demand for experiential travel. The company highlighted a 35% jump in 2024 bookings after extending its partnership with National...
Use an LLC Business Account to Avoid Crypto Freezes
Moving large crypto proceeds to a personal bank account will get flagged and frozen. It happens. The fix is an LLC with a seasoned business bank account and a private banker who knows a liquidity event is coming. Through DWP,...
Announces Bid to Acquire eBay, Refuses Questions
I’d like to announce I am bidding to acquire eBay I will take no further questions about the matter.
ServiceNow Lays Out Path to $30 Billion in Annual Subscription Revenue as AI Bets Accelerate
ServiceNow announced a plan to double its subscription revenue to over $30 billion by 2030, roughly a 20% compound annual growth rate from the $15.7 billion expected in 2026. The company highlighted its AI‑driven Now Assist product, which surpassed $750 million in annual...
Bond Market Flags Risk as 30‑Year Yield Tops 5%
The 30-Year Treasury yield closed above 5% today and it not far from its highest level in more than a decade. The stock market may be ignoring Iran and Inflation, but the bond market is not. Video: https://t.co/2JUqFjVZ49