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ADVISORY-Alerts on Morgan Stanley Direct Lending Fund wrongly attributed to Morgan Stanley withdrawn
Alerts on Morgan Stanley Direct Lending Fund's MSDL.N Q1 earnings were incorrectly sourced to Morgan Stanley MS.N and have been withdrawn. For the correct set of alerts on Morgan Stanley Direct Lending Fund's Q1 results, click nFWN41K1DR.STORY_NUMBER: nTUA4BTWX6STORY_DATE: 07/05/2026STORY_TI...
Reuters
Thu, May 7
Absci Q1 revenue drops, misses estimates
OverviewUS biopharmaceutical firm's Q1 revenue fell sharply and missed analyst expectationsNet loss widened yr/yr, driven by higher R&D expenses for internal programsCompany expanded prolactin program portfolio and initiated new clinical trial dosingOutlookAbsci anticipates reporting prelimi...
Reuters
Thu, May 7
Reinsurance Group of America Q1 net premiums rise
OverviewUS life and health reinsurer's Q1 net premiums rose 14% yr/yr, adjusted EPS increasedCompany attributed results to favorable economic claims experience across all regionsCompany repurchased $50 mln of common shares in Q1OutlookRGA says confidence for the remainder of 2026 and beyond rema...
Reuters
Thu, May 7
Codexis Q1 revenue more than doubles on Merck agreement
OverviewU.S. enzymatic solutions provider's Q1 revenue more than doubled yr/yr, driven by Merck agreementQ1 net loss narrowed from prior year as gross margin rose and expenses declinedCompany reiterated full-year 2026 revenue guidance and expects cash to fund operations through 2027OutlookCodexi...
Reuters
Thu, May 7
Beauty Health misses Q1 revenue estimates, cuts FY revenue forecast
OverviewUS medical aesthetics firm's Q1 revenue fell 6.7% yr/yr, missing analyst expectationsAdjusted EBITDA for Q1 rose and beat analyst estimates, driven by lower operational spendCompany cut full-year revenue outlook amid continued pressure on device salesOutlookCompany lowers 2026 full-year ...
Reuters
Thu, May 7
Amphastar Q1 revenue and adjusted EPS miss estimates
OverviewUS injectables maker's Q1 revenue was flat yr/yr and missed analyst expectationsAdjusted EPS for Q1 missed analyst expectationsLower prices for key products and higher costs weighed on margins and profitOutlookCompany did not provide specific financial guidance or outlook in the press re...
Reuters
Thu, May 7
Cherry Hill Mortgage posts Q1 loss on RMBS volatility
OverviewUS mortgage REIT reported Q1 GAAP net loss of $2.0 mln, or $0.05 per shareEarnings available for distribution for Q1 were $5.3 mln, or $0.14 per shareQuarterly results impacted by unrealized RMBS losses amid significant market volatilityOutlookCompany says uncertainty persists and it remains...
Reuters
Thu, May 7
TechTarget Q1 revenue beats estimates on strength in Brand to Demand segment
OverviewUS B2B tech growth accelerator's Q1 revenue grew 2.1% yr/yr, beating analyst expectationsAdjusted EBITDA for Q1 rose 27.4% yr/yr, with margin improving to 6.9%Company reiterated 2026 guidance for revenue and adjusted EBITDA growthOutlookTechTarget reiterates 2026 full-year Adjusted EBITD...
Reuters
Thu, May 7
US military strikes Iran’s Qeshm port and Bandar Abbas, Fox News reporter says
May 7 (Reuters) - The U.S. military on Thursday carried out strikes on Iran’s Qeshm port and Bandar Abbas, a Fox News reporter said in a post on X, citing a senior U.S. official.The official said the strikes do not mean a restarting of the war or an end to the ceasefire announced on April 7, accordi...
Reuters
Thu, May 7
Amazon-acquired Globalstar's Q1 revenue rises, adjusted EBITDA misses estimates
OverviewU.S. satellite communications firm's Q1 revenue rose 17% yr/yr, driven by wholesale servicesQ1 adjusted EBITDA missed analyst expectationsCompany previously entered definitive merger agreement to be acquired by AmazonOutlookGlobalstar suspends financial outlook and will not provide futur...
Reuters
Thu, May 7
nLIGHT Q1 revenue beats analyst expectations on aerospace and defense growth
OverviewU.S. high-power laser maker's Q1 revenue rose 55% yr/yr, beating analyst expectationsAdjusted EBITDA for Q1 beat analyst expectationsNet income turned positive after a loss in the prior-year quarterOutlooknLIGHT expects Q2 2026 revenue between $75 mln and $81 mlnCompany sees Q2 2026 gros...
Reuters
Thu, May 7
Sprout Social Q1 revenue slightly beats estimates
OverviewU.S. social media management software firm's Q1 revenue rose 11% yr/yr, slightly beating analyst expectationsCompany announced $50 mln share repurchase programCustomers contributing $30K+ ARR grew 12% yr/yr, reflecting focus on larger clientsOutlookSprout Social sees Q2 2026 revenue betw...
Reuters
Thu, May 7
Caris Life Sciences Q1 revenue rises on demand for molecular profiling services
OverviewPrecision medicine firm's Q1 revenue rose 79% yr/yr, driven by molecular profiling servicesGross margin improved to 65% from 47%Company reaffirmed 2026 revenue guidance and highlighted new product launchesOutlookCaris Life Sciences reaffirms 2026 revenue guidance of $1.0 bln to $1.02 bln...
Reuters
Thu, May 7
CytomX Q1 revenue falls but beats analyst expectations
OverviewUS oncology biopharma's Q1 revenue fell yr/yr but beat analyst expectationsCompany posted a net loss for Q1, with no analyst consensus for EPSCytomX completed $250 mln equity offering, ending Q1 with $346.7 mln in cash and investmentsOutlookCompany expects data from Varseta-M dose optimi...
Reuters
Thu, May 7
Auto groups urge Trump to extend trade deal with Mexico, Canada
By David ShepardsonWASHINGTON, May 7 (Reuters) - Major auto trade groups on Thursday urged the Trump administration to extend a free trade deal with Mexico and Canada, saying it was crucial for U.S. vehicle production as North America faces competition from Asia and Europe.The seven groups represent...
Reuters
Thu, May 7
Cytek Biosciences Q1 revenue rises 6%, slightly misses estimates
OverviewCell analysis solutions provider's Q1 revenue rose 6% yr/yr, slightly missing analyst expectationsCompany posted Q1 net loss of $18.9 mln, with adjusted EBITDA loss widening yr/yrCytek reaffirmed 2026 revenue guidance of $205 mln to $212 mln, up 2%-5% over 2025OutlookCytek Biosciences re...
Reuters
Thu, May 7
OmniAb Q1 revenue beats estimates; raises 2026 outlook on partner program momentum
OverviewU.S. antibody discovery platform's Q1 revenue rose sharply, beating analyst expectationsCompany raised 2026 revenue guidance, citing strong partner program momentumOperating expenses declined yr/yr, driven by lower R&D and G&A costsOutlookOmniAb raises 2026 revenue guidance to $2...
Reuters
Thu, May 7
Mitek Systems beats Q2 revenue estimates, raises FY revenue outlook
OverviewDigital identity verification firm's fiscal Q2 revenue grew 6% yr/yr, beating analyst expectationsAdjusted EPS for fiscal Q2 beat analyst expectationsCompany raised full-year revenue and adjusted EBITDA margin guidanceOutlookMitek raises full-year FY26 revenue outlook to $189-$198 mlnCom...
Reuters
Thu, May 7
Callaway Golf Q1 revenue rises on growth in Golf Equipment segment
OverviewGolf equipment and apparel maker's Q1 revenue rose 9% but slightly missed analyst expectationsAdjusted EBITDA for Q1 beat analyst expectations, driven by higher sales and improved marginsCompany repurchased $79 mln in shares and raised full-year 2026 outlookOutlookCallaway raises 2026 ne...
Reuters
Thu, May 7
Cognition Therapeutics Q1 net loss narrows on lower expenses
OverviewUS biopharma firm's Q1 net loss narrowed yr/yr due to lower R&D and admin expensesCompany ended Q1 with $31.2 mln in cash, expects runway through Q2 2027FDA meeting on zervimesine in DLB psychosis set for May 2026; Alzheimer's trial results expected 2027OutlookCompany expects FDA...
Reuters
Thu, May 7
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