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Tandem Diabetes Care Q1 net loss narrows
OverviewU.S. insulin pump maker's Q1 revenue rose 5% yr/yr to $247 mlnGross margin improved to 55% from 51% a year earlierNet loss narrowed to $20.4 mln from $130.6 mln last yearOutlookTandem Diabetes Care sees 2026 sales at $1.065 bln to $1.085 blnCompany expects 2026 U.S. sales of $730 mln to ...
Reuters
Thu, May 7
Structure Therapeutics Q1 net loss widens on higher R&D costs
OverviewUS biopharma reported Q1 net loss widened yr/yr as R&D and G&A expenses increasedCash, equivalents and short-term investments totaled $1.5 bln, expected to fund operations through 2028OutlookCompany expects to initiate aleniglipron Phase 3 trial in Q3 2026Topline data from ACCESS OLE...
Reuters
Thu, May 7
US trade court rules against Trump's 10% global tariff
NEW YORK, May 7 (Reuters) - The U.S. Trade Court on Thursday ruled against President Donald Trump's latest 10% global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law.
Reuters
Thu, May 7
RingCentral raises full-year outlook after Q1 revenue beat
OverviewUS AI-powered customer engagement firm's Q1 revenue rose 5%, slightly beating analyst expectationsCompany raised full-year outlook on revenue, margins, and free cash flowRingCentral repurchased $81 mln in shares and declared a quarterly dividendOutlookRingCentral raises full-year 2026 re...
Reuters
Thu, May 7
FIGS Q1 revenue rises, beats analyst estimates
OverviewHealthcare apparel brand's Q1 revenue rose 28%, beating analyst expectationsAdjusted EBITDA for Q1 beat analyst expectations, margin improved to 8.7%Company raised full-year 2026 outlook on continued growth and operational executionOutlookFIGS raises full-year 2026 net revenues growth ou...
Reuters
Thu, May 7
MP Materials Q1 revenue rises 49%, beats estimates
OverviewUS rare earth producer's Q1 revenue rose 49%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany cites record NdPr production and sales as key drivers of resultsOutlookCompany did not provide specific guidance for current or future quartersResult DriversNDRP...
Reuters
Thu, May 7
Motorola Solutions raises annual forecasts on robust demand
May 7 (Reuters) - Motorola Solutions MSI.N on Thursday raised its full-year revenue and profit forecasts, driven by strong demand for its critical communications equipment and video security systems. The company has benefited from robust demand from public safety agencies and commercial enterp...
Reuters
Thu, May 7
Werewolf Therapeutics Q1 net loss narrows as expenses fall
OverviewU.S. biopharmaceutical firm's Q1 net loss narrowed yr/yr as operating expenses declinedCompany entered asset purchase agreement with Jazz Pharmaceuticals for IFNα programAll obligations under loan agreement with K2 HealthVentures repaid after quarter endOutlookCompany plans to update cas...
Reuters
Thu, May 7
American Healthcare REIT Q1 net income rebounds, NFFO per share up 30%; raises outlook
OverviewU.S. healthcare real estate REIT's Q1 net income rebounded from prior yr lossNormalized FFO per share for Q1 rose over 30% yr/yrCompany raised FY 2026 NFFO per share and same-store NOI growth guidanceOutlookCompany raises 2026 NFFO per diluted share guidance to $2.03-$2.09 from $1.99-$2....
Reuters
Thu, May 7
Intensity Therapeutics Q1 net loss narrows on lower R&D costs
OverviewUS biotech firm's Q1 net loss narrowed yr/yr on lower R&D expensesCompany ended Q1 with $10.2 mln in cash and cash equivalentsPlans to resume enrollment in INVINCIBLE-3 and INVINCIBLE-4 clinical trials in 2026OutlookIntensity Therapeutics plans to resume INVINCIBLE-4 Study enrollment...
Reuters
Thu, May 7
Century Aluminum Q1 sales and EBITDA beat estimates on higher realized prices
OverviewU.S. aluminum producer's Q1 sales rose sequentially, beating analyst expectationsAdjusted EBITDA for Q1 increased and beat analyst expectationsNet income surged on one-time gains from Hawesville sale and insurance proceedsOutlookCentury Aluminum expects Q2 adjusted EBITDA between $315 ml...
Reuters
Thu, May 7
Natera beats Q1 revenue estimates, lifts annual outlook
OverviewGenetic testing firm's Q1 revenue rose 39% yr/yr, beating analyst expectationsCompany raised 2026 annual revenue guidance by $120 mln at midpointOutlookNatera raises 2026 revenue guidance to $2.74 bln-$2.82 bln from $2.62 bln-$2.70 blnCompany expects 2026 gross margin of approximately 64...
Reuters
Thu, May 7
Joint Q1 revenue beats analyst estimates on refranchising & portfolio optimization
OverviewChiropractic clinic franchisor's Q1 revenue rose 13%, beating analyst expectationsNet income increased 34% year-over-year; adjusted EBITDA rose 22%Company repurchased $1.1 mln of shares during the quarterOutlookCompany expects 2026 system-wide sales between $519 mln and $552 mlnCompany s...
Reuters
Thu, May 7
Ottawa gives Ford Motor Co. $464-million to refit shuttered truck plant - The Globe and Mail
-- Source link: https://tinyurl.com/26fudrox-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Thu, May 7
Natural Grocers Q2 sales edge up; trims FY same-store sales view but tightens EPS view
OverviewUS natural and organic grocer's fiscal Q2 sales rose 0.5% yr/yr, net income up 2.5%Adjusted EBITDA for fiscal Q2 grew 4.0%, driven by disciplined expense managementCompany refined fiscal 2026 outlook, narrowing comparable sales growth and raising EPS guidanceOutlookCompany narrows fiscal...
Reuters
Thu, May 7
Genelux Q1 net loss widens, misses analyst expectations
OverviewUS immuno-oncology firm's Q1 net loss widened, missing analyst expectationsQ1 loss from operations also missed analyst expectationsOperating expenses rose due to increased clinical trial and employee costsOutlookGenelux expects topline data from Phase 3 OnPrime/GOG-3076 ovarian cancer tr...
Reuters
Thu, May 7
Phio Pharmaceuticals Q1 net loss widens on higher R&D costs
OverviewUS siRNA cancer drug developer's Q1 net loss widened on higher R&D and admin expensesCompany completed clinical phase of PH-762 Phase 1b skin cancer trial; final data pending analysisCash position fell to $17 mln; management says cash runway extended into H1 2027OutlookCompany antici...
Reuters
Thu, May 7
Open Lending Q1 revenue slightly beats expectations
OverviewUS lending analytics firm's Q1 revenue saw a slight beat versus analyst expectationsCompany doubled share repurchase program to $50 mln, extended through May 2027OutlookOpen Lending expects Q2 certified loans between 22,000 and 25,000Company forecasts full-year 2026 certified loans betwe...
Reuters
Thu, May 7
PRA Group Q1 cash collections rise, net income jumps
OverviewU.S. debt buyer's Q1 cash collections rose 11% yr/yr, driven by U.S. and Europe growthNet income attributable to PRA Group for Q1 rose to $28 mln from $3.7 mln a year earlierCompany's adjusted EBITDA for last 12 months up nearly 14%, outpacing cash collections growthOutlookCompany pl...
Reuters
Thu, May 7
Citizens Q1 revenue rises 7% net income turns positive
OverviewUS insurance provider's Q1 revenue rose 7% yr/yrNet income was $2.3 mln in Q1 from $1.6 mln loss last yearAdjusted net income for Q1 improved to $1.3 mln from $1.0 mln yr/yrOutlookCitizens expects revenue and profit growth for full-year 2026Company anticipates positive net cash from oper...
Reuters
Thu, May 7
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