News
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Bassett Furniture Q4 revenue rises 5.1%
OverviewHome furnishings provider's Q4 revenue rose 5.1% yr/yrOperating income improved to $2.3 mln from $0.9 mln last yearCompany formed Bassett Hospitality Division to expand market reachOutlookBassett plans to grow market share despite slow housing activity and moderated demandCompany emphasi...Reuters
Wed, Feb 4
Qualcomm slightly beats Q1 revenue expectations
OverviewSemiconductor firm's fiscal Q1 revenue slightly beat analysts' expectationsAdjusted EPS beat analysts' expectationsCompany completed Alphawave Semi acquisition, expanding data center capabilitiesOutlookQualcomm expects Q2 FY26 revenue between $10.2 bln and $11.0 blnCompany antici...Reuters
Wed, Feb 4
Software firm PTC beats Q1 revenue estimates
OverviewSoftware company's fiscal Q1 revenue grew 21%, beating analyst expectationsAdjusted EPS for fiscal Q1 beat analyst expectationsCompany repurchased $200 mln of shares in Q1 under $2 bln authorizationOutlookPTC expects FY26 revenue between $2.675 bln and $2.940 blnCompany projects FY26 EPS...Reuters
Wed, Feb 4
Monarch Casino Q4 revenue slightly beats expectations
OverviewCasino operator's Q4 revenue slightly beat analyst expectationsAdjusted EPS for Q4 missed analyst expectationsCompany repurchased 445,715 shares for $41 mlnOutlookMonarch plans ongoing capital investment and enhancement at Atlantis and Monarch Black HawkCompany continues to evaluate pote...Reuters
Wed, Feb 4
Alphabet Says 2026 Capex Investments Are Anticipated To Be In The Range Of $175 To $185 Billion
Feb 4 (Reuters) - Alphabet Inc GOOGL.O:ALPHABET INC Q4 YOUTUBE ADS REVENUE $11,383 MILLIONALPHABET INC: IN FEBRUARY 2026, WAYMO ANNOUNCED AN INVESTMENT ROUND OF $16.0 BILLION, THE SIGNIFICANT MAJORITY OF WHICH WAS FUNDED BY ALPHABETALPHABET INC: QUARTER ENDED DECEMBER 31,RECOGNIZED A $2.1 BILLION EM...Reuters
Wed, Feb 4
Allegiant Travel's 2025 revenue slightly beats estimates
OverviewTravel company's 2025 revenue slightly beat analyst expectationsAdjusted EPS for 2025 beat analyst expectationsCompany announced merger agreement to acquire Sun Country AirlinesOutlookAllegiant expects first-quarter adjusted operating margin between 12% and 15%Company projects full-year ...Reuters
Wed, Feb 4
Olympics-Luge-First training run shows testing nature of new Cortina track
By Mitch PhillipsCORTINA D'AMPEZZO, Italy, Feb 4 (Reuters) - Luge athletes got a feel of the Cortina Olympic track on Wednesday, many of them for the first time, as training for the men's singles immediately showed what a technical challenge it will present for all three sliding sports.The n...Reuters
Wed, Feb 4
Robotics firm Symbotic beats Q1 revenue estimates
OverviewAI robotics firm's fiscal Q1 revenue rose 29% yr/yr, beating analyst expectationsAdjusted EBITDA for fiscal Q1 rose significantly to $67 mlnCompany's net income reached $13 mln, compared to a net loss last yearOutlookSymbotic expects Q2 fiscal 2026 revenue of $650 mln to $670 mlnComp...Reuters
Wed, Feb 4
Fiber optic products maker Clearfield's Q1 sales beat expectations
OverviewFiber connectivity firm's fiscal Q1 net sales rose 16%, beating analyst expectationsGross margin improved by 4 percentage points to 33.2%Company repurchased $5.2 mln in shares during the quarterOutlookClearfield reiterates fiscal 2026 net sales guidance of $160 mln to $170 mlnCompany ant...Reuters
Wed, Feb 4
FormFactor Q4 revenue beats estimates
OverviewSemiconductor test tech firm's Q4 revenue rose 13.6% yr/yr, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany had acquired Keystone Photonics to enhance optics testing capabilitiesOutlookFormFactor expects Q1'26 revenue of $225 mln +/- $5 mlnCompany ant...Reuters
Wed, Feb 4
Bank of the James Q4 net income rises
OverviewVirginia-based bank's Q4 net income rose, driven by higher net interest incomeCompany's total assets grew 6.1% yr/yr, surpassing $1 blnEfficiency ratio improved to 70.81% in Q4, reflecting cost managementOutlookBank of the James did not provide specific financial guidance for 2026Res...Reuters
Wed, Feb 4
US Justice Department removes lawyer who told judge in immigration case, 'This job sucks'
Attorney spoke about handling of immigration casesJudge ordered government to explain failure to follow court ordersMinnesota U.S. Attorney's Office has come under strain during Trump's immigration crackdownBy Nate Raymond and Andrew Goudsward Feb 4 (Reuters) - The U.S. Justice Department...Reuters
Wed, Feb 4
US Senator Scott, facing block on Fed chair nominee, says Powell is not a criminal
Scott says Powell is inept, but not a criminalTillis says he'll hold up Warsh nomination over DOJ probe into PowellPowell could stay on Fed Board post-chair termBy Ann SaphirFeb 4 (Reuters) - Republican Senator Tim Scott on Wednesday said he does not believe Federal Reserve Chair Jerome Powell ...Reuters
Wed, Feb 4
Lifevantage Announces Planned Retirement Of Steve Fife And CEO Succession Plan
Feb 4 (Reuters) - LifeVantage Corp LFVN.O:LIFEVANTAGE ANNOUNCES PLANNED RETIREMENT OF STEVE FIFE AND CEO SUCCESSION PLANLIFEVANTAGE CORP - CEO STEVE FIFE TO RETIRE IN APRIL 2026LIFEVANTAGE CORP - FIFE TO CONTINUE AS CEO DURING TRANSITION PERIODReuters
Wed, Feb 4
Matrix Service Company Announces CEO Transition
Feb 4 (Reuters) - Matrix Service Co MTRX.O:MATRIX SERVICE COMPANY ANNOUNCES CEO TRANSITIONMATRIX SERVICE CO - APPOINTS SHAWN PAYNE AS COOMATRIX SERVICE CO - SHAWN PAYNE TO BECOME CEO ON JUNE 30, 2026MATRIX SERVICE CO - JOHN HEWITT TO STEP DOWN AS CEO ON JUNE 30, 2026Reuters
Wed, Feb 4
Elf Beauty lifts annual forecasts as affordable products drive demand
Feb 4 (Reuters) - Elf Beauty ELF.N raised its annual sales and profit forecasts after beating Wall Street estimates for third-quarter results on Wednesday, as demand for its affordable cosmetics stayed strong despite rising economic and tariff uncertainty.The company enjoyed resilient sales in the U...Reuters
Wed, Feb 4
Arm Holdings forecasts quarterly revenue above estimates on AI chip demand
Feb 4 (Reuters) - Arm Holdings O9Ty.F, ARM.O forecast fourth-quarter revenue above Wall Street estimates on Wednesday, driven by demand for its energy-efficient chip designs used in artificial intelligence applications from data centers to smartphones. Arm's chip designs are prized for the...Reuters
Wed, Feb 4
