Select Water Solutions Inc (WTTR) Q1 2026 Earnings Call Transcript
Select Water Solutions posted a record 2025 with $1.4 billion revenue and a $260 million adjusted EBITDA, driven by rapid expansion of its Water Infrastructure segment. Recycled produced‑water volumes rose 18% to over 330 million barrels, pushing the segment to become the most profitable business line. The company added 55,000 bpd of disposal capacity in the Northern Delaware Basin and secured nearly 1 million acres of long‑term contracts averaging 11‑year terms. Management forecast 20‑25% revenue growth for Water Infrastructure in 2026 and highlighted upcoming lithium‑extraction royalty streams slated for early 2027.
Talos Energy Inc (TALO) Q1 2026 Earnings Call Transcript
Talos Energy reported a strong 2025 performance, delivering $1.2 billion adjusted EBITDA, $418 million adjusted free cash flow and a 30% lower operating cost versus offshore peers. The company generated $72 million in free‑cash‑flow improvements—half recurring—and returned roughly 44% of free cash flow...
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...
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...
California Resources Corp (CRC) Q1 2026 Earnings Call Transcript
California Resources Corp reported record 2025 results and set a robust 2026 outlook. Adjusted EBITDAX reached $1.25 billion and free cash flow $543 million, with 94% of cash returned via dividends and share repurchases, while leverage stayed at 1.0× and liquidity at...
Grail Inc (GRAL) Q1 2026 Earnings Call Transcript
GRAIL reported Q1 2026 results showing revenue of $36.2 million, a 26% year‑over‑year increase, driven by 45,000 Gallery tests sold—a 39% volume rise. The company completed a $325 million private placement and secured a pending $110 million equity investment from Samsung to accelerate...
PennyMac Financial Services Inc (PFSI) Q1 2026 Earnings Call Transcript
PennyMac Financial Services reported Q2 2025 net income of $136 million, or $2.54 per share, delivering an annualized ROE of 14%. Origination volume surged 31% to $38 billion in unpaid principal balance, while locked volume rose 26% to $43 billion. The company highlighted over...
AtriCure Inc (ATRC) Q1 2026 Earnings Call Transcript
AtriCure reported $534.5 million revenue for 2025, a 15% increase year‑over‑year, with adjusted EBITDA rising to $61.8 million and cash generation of $45 million. Gross margin held steady at 75% and the company launched two new products, the AtriClip Pro Mini and Cryo XT...
Adapthealth Corp (AHCO) Q1 2026 Earnings Call Transcript
AdaptHealth reported 2025 net revenue of $3.245 billion and adjusted EBITDA of $616.7 million, both surpassing the midpoint of its guidance despite a slight reported decline due to divestitures. The company set record patient censuses in its Sleep Health and Respiratory Health...
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...
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...
Cumberland Pharmaceuticals Inc (CPIX) Q1 2026 Earnings Call Transcript
Cumberland Pharmaceuticals reported an 18% revenue increase to $44.5 million for 2025, driven by strong sales of Vibativ, Sancuso and the newly launched Talicia. Adjusted earnings turned positive at $1.7 million and cash flow from operations rose to $4.9 million, narrowing the annual...
Solventum Corp (SOLV) Q1 2026 Earnings Call Transcript
Solventum Corp reported $2.0 billion in Q1 2026 sales, posting 3.5% organic growth but a 3.7% decline on a reported basis after the Purification & Filtration divestiture and the Acera acquisition. Gross margin slipped to 53.5%, a 230‑basis‑point sequential drop, while adjusted operating income...
TrueBlue Inc (TBI) Q1 2026 Earnings Call Transcript
TrueBlue Inc. posted Q1 2026 revenue of $418 million, an 8% year‑over‑year increase driven by 5% organic growth and a 3‑point boost from the HSB healthcare acquisition. Gross margin contracted to 21.5% from 26.6% as workers’ compensation reserve benefits normalized and...
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%,...
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...
Alkermes Plc (ALKS) Q1 2026 Earnings Call Transcript
Alkermes reported $1.5 billion in 2025 revenue, driven by a 9% rise in its proprietary product portfolio, and closed the $775 million cash Avadel acquisition in February 2026, adding the LUMRIZE sleep‑medicine platform. The company forecast 2026 total revenue of $1.73‑$1.84 billion with...
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...
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...
DaVita Inc (DVA) Q1 2026 Earnings Call Transcript
DaVita reported adjusted operating income of $439 million and adjusted EPS of $2 for Q1 2026, surpassing its own guidance thanks to disciplined expense management and higher reimbursement from phosphate binders. Treatment volume fell 40 basis points year‑over‑year, prompting a revised...
Solid Power Inc (SLDP) Q1 2026 Earnings Call Transcript
Solid Power reported Q1 2026 revenue of $3.1 million, primarily from milestone payments tied to its SK On partnership and a DOE grant. Operating expenses fell to $29.4 million, yielding an operating loss of $26.3 million and a net loss of $13 million, or $0.06...
Super Micro Computer Inc (SMCI) Q3 2026 Earnings Call Transcript
Super Micro Computer reported fiscal Q3 2026 revenue of $10.2 billion, up 123% year‑over‑year but down 19% sequentially due to component shortages and delayed customer site readiness. Non‑GAAP gross margin rebounded to 10.1%, a 58% improvement from the prior quarter, driven...
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...
Horizon Technology Finance Corp (HRZN) Q1 2026 Earnings Call Transcript
Horizon Technology Finance Corp reported Q1 2026 net investment income of $0.18 per share and a NAV of $6.98, both down from prior periods. The BDC maintained a strong portfolio yield of 14.3% for the quarter, with $647 million in assets...
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...
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...
Titan America SA (TTAM) Q1 2026 Earnings Call Transcript
Titan America reported Q4 2025 revenue of $406 million, a 4% year‑over‑year increase, and adjusted EBITDA of $94 million, lifting the margin to 23.1%. Full‑year results set new records with $1.66 billion in revenue and $390 million in adjusted EBITDA, expanding the margin by...
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...
Kosmos Energy Ltd (KOS) Q1 2026 Earnings Call Transcript
Kosmos Energy reported strong Q1 2026 progress, highlighting 1P reserve replacement of 90% (120% excluding the pending Equatorial Guinea divestiture), Jubilee field production above 70,000 barrels per day with a new 13,000‑bpd well, and GTA LNG output averaging 2.9 million tonnes...
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...
International Flavors & Fragrances Inc (IFF) Q1 2026 Earnings Call Transcript
International Flavors & Fragrances (IFF) posted Q4 2025 revenue of $2.6 billion, a modest 1% year‑over‑year increase, while EBITDA rose 7% to $437 million, lifting the margin to 16.9%. The Taste, Scent and Health & Biosciences segments all delivered sales growth, whereas...
PayPal Holdings Inc (PYPL) Q1 2026 Earnings Call Transcript
PayPal announced a leadership change, with Enrique Lopez becoming president and CEO on March 1, 2026, to address execution gaps rather than strategic flaws. The company reported strong growth in Venmo, BNPL and enterprise payments, each delivering double‑digit volume increases, while...
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...
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...
CNBC's The China Connection Newsletter: China Is Rewiring the Silicon Valley Model — Starting in Hong Kong
China’s tech financing is rapidly shifting to Hong Kong, where more than 400 firms are queuing for IPOs—the largest surge in 35 years. Confidential listing rules and easing regulations have spurred a pipeline that could raise about $60 billion in 2026, nearly...
Monthly Canadian Securitization Market Overview Report: February 2026
DBRS Limited released its Monthly Canadian Securitisation Market Overview for February 2026, covering the full spectrum of the country’s securitisation activity. The report details issuance volumes and credit performance across term asset‑backed securities, commercial mortgage‑backed securities, and asset‑backed commercial paper. It...
CLARITY Act Compromise Propels Digital Asset Shares Higher
Lawmakers reached a bipartisan compromise on the CLARITY Act, allowing crypto firms to continue offering activity‑based rewards while banning interest on passive stablecoin deposits. The deal sent digital‑asset stocks higher on May 4, with Circle up 20%, BitGo 10%, Coinbase 7%...
Spirit Details Final Hours and Lays Out Liquidation Plan in 500+ Page Filing
Spirit Airlines announced its liquidation after a 500‑page court filing revealed that soaring fuel costs—driven by the Iran war—sapped $100 million between March 1 and April 30. The carrier failed to secure a government bailout, prompting CFO Fred Cromer to confirm a wind‑down...
VRC Bolsters Capital Markets Research Leadership
VRC has announced a new leadership appointment to head its capital markets research division. The role is designed to deepen the firm’s data‑driven valuation capabilities and deliver more granular insights to private‑fund investors. By centralising analytical talent, VRC aims to...
Stop Eurobond Breach
Kenyan auditor‑general Nancy Gathungu confirmed that about $222 million of Eurobond proceeds were diverted to cover Treasury bond shortfalls, breaching the bond’s subscription agreement and public finance law. Eurobonds, intended for development projects such as health, education and infrastructure, were misused,...
Amex to Sell Travel Unit Stake for $1.5B
American Express announced it will divest its 30% stake in Global Business Travel Group (GBTG), generating $1.5 billion from the transaction. The sale is part of a broader $6.3 billion deal that hands GBTG to Long Lake Management, backed by General Catalyst...
Payroll Pulse: AI, the Payroll Ledger, and the Real Meaning of ‘Touchless Payroll’
AI is rapidly entering payroll systems, promising "touchless" processing, but it remains distinct from deterministic automation. While AI can flag anomalies, summarize legislation, and suggest adjustments, the payroll ledger still requires human oversight to ensure gross‑to‑net accuracy before the ACH...
The IIA Calls for Stronger Governance, Internal Controls, and Independent Audit Requirements in Prediction Markets
The Institute of Internal Auditors (IIA) has sent formal letters to the U.S. Commodity Futures Trading Commission and congressional leaders urging stronger oversight of prediction‑market platforms. The IIA recommends embedding formal internal‑control frameworks, independent internal audit functions reporting to boards,...
US’s Spirit Airlines to Start Orderly Wind-Down, Sell Assets
Spirit Aviation Holdings, the parent of Spirit Airlines, filed a motion on May 4, 2026, to obtain emergency court approval for an orderly wind‑down after halting flights on May 2. The carrier cited a sudden $100 million surge in fuel costs...
IPO Planning: CFOs Must Learn the Power of a Thoughtful Pause
The 2026 IPO market is emerging with the strongest pipeline since the 2021 boom, driven by a backlog of companies delayed by the 2025 SEC shutdown and geopolitical volatility. While the overall benefits of going public remain attractive, the concentration...
7 Phrases Every CPA Leader Should Listen for in M&A Talks
When CPA firms explore mergers, the conversation often stalls at economics, but operational details determine long‑term success. Ira Rosenbloom highlights seven key phrases that signal a partner’s readiness, from clear staff capacity to prior integration experience. Listening for these cues...