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CORRECTED-Ultralife Q1 revenue falls 6.5%, posts net loss
OverviewU.S. power solutions maker's Q1 revenue fell 6.5% yr/yr amid operational disruptionsCompany posted Q1 net loss and negative EPS, citing lost production days and order delaysUltralife's Q1 backlog reached record $115.1 mln, up from $110.2 mln in Q4 2025OutlookUltralife says record bac...Reuters
Fri, May 8
Google has bit more time to address concerns in EU investigation, EU Commission says
BRUSSELS, May 8 (Reuters) - EU regulators are giving Alphabet's GOOGL.O Google a little bit more time to sooth their concerns after a previous proposal from the company fell short, the European Commission said on Friday."Google is engaging with the Commission to defend itself and in other in...Reuters
Fri, May 8
Networking equipment maker Ubiquiti's Q3 revenue, adj EPS rise
OverviewNetworking technology provider's fiscal Q3 revenue grew yr/yr, driven by enterprise platformAdjusted EPS for fiscal Q3 rose yr/yrCompany declared $0.80 per share cash dividend for shareholdersOutlookCompany did not provide specific guidance or outlook for future quarters or the full year...Reuters
Fri, May 8
UAE says engaged with Iranian missiles and drones; three injuries recorded
May 8 (Reuters) - The United Arab Emirates' air defences engaged with two ballistic missiles and three drones launched from Iran, with three people suffering moderate injuries, the UAE Ministry of Defence posted on X on Friday.Reuters
Fri, May 8
National HealthCare's Q1 adjusted EPS rises
OverviewSenior care operator's Q1 net operating revenue rose 2.2% yr/yrAdjusted diluted EPS for Q1 rose yr/yrAdjusted net income for Q1 up 21% yr/yr, reflecting higher operating resultsOutlookCompany did not provide specific guidance or outlook for the current or future periods in press releaseR...Reuters
Fri, May 8
AMC Networks Q1 revenue slightly beats estimates, helped by streaming price increases
OverviewUS media company's Q1 revenue slightly beat analyst expectations, but fell 2% yr/yrAdjusted EPS for Q1 missed consensus, declining sharply from last yearCompany to repurchase $30 mln of stock under accelerated share repurchase programOutlookAMC Global Media reiterates its financial outlo...Reuters
Fri, May 8
Treace Medical Q1 revenue falls 10%, less than expected
OverviewUS bunion surgery device maker's Q1 revenue fell 10% yr/yr, beating analyst expectationsCompany posted wider net loss and adjusted EBITDA loss compared to prior yearFull-year 2026 revenue guidance reaffirmed, projecting up to 5% decline or flat performanceOutlookTreace reaffirms 2026 rev...Reuters
Fri, May 8
1stdibs.com prelim Q1 revenue falls on order decline
OverviewU.S. luxury design marketplace's preliminary Q1 revenue fell 1% yr/yr to $22.4 mlnCompany posted positive adjusted EBITDA for Q1 after cost base restructuringGross merchandise value, number of orders, and active buyers all declined yr/yrOutlook1stdibs.Com expects Q2 2026 GMV between $86 ...Reuters
Fri, May 8
Starwood Property Trust misses Q1 distributable earnings estimates
OverviewUS real estate finance firm's Q1 distributable earnings missed analyst expectationsGAAP net income for Q1 was $51.9 mlnCompany invested $2.5 bln in Q1 and $1.5 bln after quarter endOutlookCompany did not provide specific financial guidance for the current or future periodsResult DriversB...Reuters
Fri, May 8
Construction Partners Q2 revenue jumps 35%, beats estimates; lifts outlook
OverviewU.S. civil infrastructure firm's fiscal Q2 revenue rose 35%, beating analyst expectationsAdjusted net income for fiscal Q2 more than doubled year-over-yearCompany raised FY26 outlook after record $3.14 bln project backlogOutlookConstruction Partners raises FY26 revenue outlook to $3.59 b...Reuters
Fri, May 8
Tvardi Therapeutics Q1 net loss narrows
OverviewUS biopharma firm's Q1 net loss narrowed yr/yrR&D and G&A expenses rose due to higher development and personnel costsCompany expects cash runway to fund operations through clinical readouts and into Q4 2026OutlookTvardi expects cash runway to fund operations through clinical read...Reuters
Fri, May 8
Canada's Illumin Holdings Q1 revenue rises 20%, beats estimates
OverviewCanada advertising tech platform's Q1 revenue rose 20% yr/yr, beating analyst expectationsQ1 adjusted EBITDA loss narrowedCompany repurchased and cancelled 686,558 shares under normal course issuer bidOutlookCompany aims to grow DSP revenues with greater emphasis on CTVCompany plans to e...Reuters
Fri, May 8
Calumet Q1 net loss widens on non-cash charges
OverviewUS specialty products and renewable fuels maker posted wider Q1 net loss on non-cash itemsAdjusted EBITDA for Q1 fell yr/yr, impacted by operational downtime and planned turnaroundCompany says EPA's SET2 RVO has improved biofuel margin outlookOutlookCompany says EPA's SET2 RVO announ...Reuters
Fri, May 8
Wendys Q1 EPS and EBITDA beat estimates on international growth
OverviewU.S. fast-food chain's Q1 adjusted revenue missed analyst expectations, global systemwide sales fell 5.5%Adjusted EPS and adjusted EBITDA for Q1 both beat analyst expectationsCompany signed franchise deal to build up to 1,000 restaurants in ChinaOutlookWendy's reaffirms 2026 global s...Reuters
Fri, May 8
Two And Crosscountry Mortgage, Llc Announce Amended Merger Agreement Increasing All-Cash Consideration To $12.00 Per Share
May 8 (Reuters) - Two Harbors Investment Corp TWO.N:TWO AND CROSSCOUNTRY MORTGAGE, LLC ANNOUNCE AMENDED MERGER AGREEMENT INCREASING ALL-CASH CONSIDERATION TO $12.00 PER SHARETWO HARBORS INVESTMENT CORP - CO AND CROSSCOUNTRY MORTGAGE AMEND MERGER AGREEMENT TO $12.00 PER SHARE ALL-CASHTWO HARBORS INVE...Reuters
Fri, May 8
Telephone and Data Systems Announces Proposal To Acquire Public Shares Of Array Digital Infrastructure
May 8 (Reuters) - Array Digital Infrastructure Inc AD.N:TELEPHONE AND DATA SYSTEMS ANNOUNCES PROPOSAL TO ACQUIRE PUBLIC SHARES OF ARRAY DIGITAL INFRASTRUCTURETELEPHONE AND DATA SYSTEMS INC: EACH ARRAY COMMON SHARE NOT OWNED BY TDS WOULD BE EXCHANGED FOR 0.86 OF A TDS COMMON SHARETELEPHONE AND DATA S...Reuters
Fri, May 8
Black Diamond Group Limited Announces Renewal Of Normal Course Issuer Bid
May 8 (Reuters) - Black Diamond Group Ltd BDI.TO:BLACK DIAMOND GROUP LIMITED ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BIDBLACK DIAMOND GROUP LTD - OBTAINS TSX APPROVAL TO RENEW NORMAL COURSE ISSUER BID FROM MAY 12, 2026BLACK DIAMOND GROUP LTD - ENTERS AUTOMATIC SHARE PURCHASE PLAN DATED MAY 8, 2026Reuters
Fri, May 8
Paper producer Sylvamo's Q1 adjusted EBITDA misses expectations
OverviewGlobal paper producer's Q1 net sales rose, beating analyst expectationsAdjusted EBITDA for Q1 missed analyst expectationsCompany posted net loss and negative free cash flow amid higher costs and inventory buildOutlookSylvamo expects most 2026 free cash flow to be generated in the second ...Reuters
Fri, May 8
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