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Shattuck Labs Q1 net loss widens as R&D spends rise
OverviewUS biotechnology firm's Q1 net loss widened yr/yr as operating expenses increasedCompany reported no revenue for Q1 2026Cash and equivalents rose to $90.4 mln, expected to fund operations into 2029OutlookShattuck expects to release Phase 1 SL-325 data in Q2 2026Company expects to initiat...Reuters
Thu, May 7
Spanish oil company Moeve's profit rises 7% on strong refining margins
MADRID, May 7 (Reuters) - Spanish energy company Moeve reported a 7% increase in first-quarter earnings on Thursday, citing strong performance across its core businesses and soaring profits at its energy division as the Iran war provoked a surge in global oil and fuel prices.Among Spain's larges...Reuters
Thu, May 7
PRESS DIGEST-Canada - May 7
May 7 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified all these stories and does not vouch for their accuracy. THE GLOBE AND MAIL Malaysian budget carrier AirAsia AIRX.KL announced a firm order of 150 Airbus A220 jets manufactured in...Reuters
Thu, May 7
Bosnia's election commission calls general election for October 4
SARAJEVO, May 7 (Reuters) - Bosnia will hold presidential and parliamentary elections on October 4, the election commission said on Thursday.About 3.3 million registered voters will choose the Serb, Croat and Bosniak members of the tripartite presidency and deputies in the national parliament. They ...Reuters
Thu, May 7
Walker & Dunlop's Q1 revenue rises 27% on higher transaction volumes
OverviewU.S. real estate finance firm's Q1 revenue rose 27% yr/yr on higher transaction volumesAdjusted core EPS for Q1 increased 20% yr/yr, supported by origination and servicing fee growthCompany repurchased $13.3 mln of shares during the quarterOutlookWalker & Dunlop says it enters Q2 wit...Reuters
Thu, May 7
Adidas is entitled to refund of 300 mln euros from U.S. tariffs, CEO says
MUNICH, May 7 (Reuters) - Adidas ADSGn.DE CEO Bjorn Gulden said the company would be entitled to a refund of 300 million euros from U.S. tariffs after the Supreme Court struck down the government's emergency levies."We haven't booked it yet, but there's a very good chance it will ha...Reuters
Thu, May 7
Canada's Enerflex Q1 revenue rises 6% on engineered systems strength
OverviewCanada modular natural gas solutions firm's Q1 revenue grew 6% yr/yr on Engineered Systems strengthAdjusted EBITDA for Q1 rose to $137 mln from $113 mln a year agoNet earnings climbed to $43 mln, with record 17.3% return on capital employedOutlookEnerflex expects steady demand across bus...Reuters
Thu, May 7
Amazon's Prime Video to invest at least 90 mln euros in 2026 in local production, regulator says
PARIS, May 7 (Reuters) - Amazon's AMZN.O Prime Video will invest at least 90 million euros ($105.95 million) in European video and movie production in French language this year, the French telecoms regulator said on Thursday.Amazon's investment requirement would raise to 110 million euros if...Reuters
Thu, May 7
ACI Worldwide Q1 revenue beats analyst estimates on higher volumes
OverviewPayments technology provider's Q1 revenue rose 8%, beating analyst expectationsAdjusted EPS and adjusted EBITDA for Q1 beat analyst estimatesCompany repurchased 1.5 mln shares for $65 mln and raised full-year 2026 guidanceOutlookACI Worldwide raises 2026 revenue guidance to $1.89 bln-$1....Reuters
Thu, May 7
Privia Health Q1 revenue rises 26%, beats estimates
OverviewUS physician enablement firm's Q1 revenue rose 26%, beating analyst expectationsAdjusted EPS and adjusted EBITDA for Q1 both beat analyst expectationsCompany maintained full-year 2026 guidance for most metrics, raising attributed lives outlookOutlookPrivia Health raised 2026 attributed l...Reuters
Thu, May 7
Soccer-Canadian rapper Drake helps Italian club Venezia secure investment
May 7 (Reuters) - Italian second-tier soccer club Venezia has secured a significant minority investment from sports industry heavyweight Tim Leiweke, thanks in part to Canadian rapper Drake.Last week, Venezia secured promotion to Serie A with one game to spare after a 2-2 draw at Spezia, returning t...Reuters
Thu, May 7
Lamar Advertising Q1 revenue slightly beats estimates
OverviewU.S. outdoor advertising firm's Q1 revenue rose 4.5%, slightly beating analyst expectationsAdjusted EBITDA for Q1 grew 7.7% year-over-yearNet income declined 26.9% due to prior-year gain from Vistar Media saleOutlookLamar says pacings trending at top end of prior full-year AFFO per share...Reuters
Thu, May 7
First Advantage beats Q1 revenue and profit estimates
OverviewU.S. background screening firm's Q1 revenue grew 8.6% yr/yr, beating analyst expectationsAdjusted net income and adjusted EBITDA beat analyst expectationsCompany repurchased $19.5 mln in shares and reaffirmed full year 2026 guidanceOutlookFirst Advantage reaffirms 2026 revenue guidance o...Reuters
Thu, May 7
Gray Media Q1 revenue slightly misses analyst estimates
OverviewUS local TV broadcaster's Q1 revenue slightly missed analyst expectationsNet loss for Q1 was larger than analyst expectationsCore advertising revenue rose 2% yr/yr, exceeding company guidanceOutlookGray Media expects Q2 core advertising revenue to decline by mid-single digitsCompany sees...Reuters
Thu, May 7
Genesis Energy Q1 revenue and profit rise year over year
OverviewUS midstream energy firm's Q1 revenue and net income rose yr/yr, reversing prior lossQ1 adjusted EBITDA increased yr/yr, though results were slightly below internal expectationsCompany reduced financing costs by refinancing debt and repurchasing preferred securitiesOutlookGenesis expects...Reuters
Thu, May 7
LifeStance Health Q1 revenue beats estimates, raises outlook
OverviewUS outpatient mental healthcare provider's Q1 revenue rose 21%, beating analyst expectationsAdjusted EBITDA for Q1 rose 48% and beat analyst expectationsCompany raised full-year 2026 revenue and profit outlookOutlookLifestance Health raises 2026 revenue guidance to $1.640 bln-$1.680 blnC...Reuters
Thu, May 7
Patria Q1 adjusted net income beats analyst estimates
OverviewCayman Islands asset manager's Q1 adjusted net income beat analyst expectationsAdjusted EPS for Q1 slightly missed analyst expectationsFee Related Earnings rose 19% yr/yr, supported by fundraising and AUM growthResult DriversFUNDRAISING MOMENTUM - Co said Q1 results were driven by contin...Reuters
Thu, May 7
Israel's Radware Q1 revenue rises 11% on cloud growth
OverviewIsrael application security firm's Q1 revenue rose 11% yr/yr, led by cloud security growthNon-GAAP diluted EPS from continuing operations fell slightly to $0.30 from $0.31 last yrAppreciation of Israeli shekel increased expenses and weighed on earnings in the quarterOutlookCompany did no...Reuters
Thu, May 7
Claritev Q1 revenue beats estimates, lifts 2026 outlook
OverviewUS healthcare data platform's Q1 revenue rose 5.8%, beating analyst expectationsQ1 adjusted EBITDA increased 3.4% and slightly beat analyst expectationsCompany raised 2026 revenue guidance, kept other outlook metrics unchangedOutlookClaritev raises 2026 revenue guidance to $985 mln-$1 bl...Reuters
Thu, May 7
Rockwell Medical Q1 revenue falls 8% on lower volume
OverviewUS hemodialysis products maker's Q1 revenue fell 8% yr/yr due to lower customer volumeGross margin for Q1 rose to 17% from 16% a year earlierCompany announced operational changes expected to add over $3 mln in annualized gross profitOutlookRockwell Medical sees 2026 net sales between $70...Reuters
Thu, May 7
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