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Editas Medicine Q1 net loss narrows
OverviewU.S. gene editing firm's Q1 net loss narrowedCollaboration and other R&D revenue fell yr/yr due to end of prior collaborationOperating expenses declined, driven by discontinued programs and reduced headcountOutlookEditas says current cash will fund operations into Q3 2027Result Drive...Reuters
Tue, May 5
DigitalOcean Q1 revenue rises 22%, beats estimates; lifts outlook
OverviewUS AI-Native Cloud provider's Q1 revenue grew 22% yr/yr, beating analyst expectationsAdjusted EPS for Q1 beat consensus, driven by strong customer demandCompany raised 2026 and 2027 revenue outlook on increased customer demand and capacityOutlookDigitalOcean raises 2026 revenue outlook t...Reuters
Tue, May 5
UL Solutions Q1 revenue rises 7.5%, beats estimates
OverviewApplied safety science firm's Q1 revenue grew 7.5%, beating analyst expectationsQ1 adjusted EBITDA rose 22.4% and beat analyst expectationsCompany closed sale of Employee Health and Safety software business, acquisition of Eurofins E&E business announcedOutlookUL Solutions expects mi...Reuters
Tue, May 5
Huntington Ingalls Q1 revenue beats on higher shipbuilding volumes
OverviewU.S. shipbuilder's fiscal Q1 revenue rose 13% yr/yr, beating analyst expectationsAdjusted operating income for Q1 beat analyst estimatesCompany reaffirmed FY26 financial guidance and highlighted progress on shipbuilding initiativesOutlookCompany reaffirms FY26 financial guidance and medi...Reuters
Tue, May 5
CORRECTED-Turkey and Saudi Arabia set to scrap some visa requirements, source says
ANKARA, May 5 (Reuters) - Turkey and Saudi Arabia plan to sign an agreement to scrap visa requirements for some of their citizens during talks between their foreign ministers in Ankara on Wednesday, a Turkish diplomatic source said on Tuesday.Relations between Ankara and Riyadh were badly damaged af...Reuters
Tue, May 5
Angel Oak Mortgage swings to Q1 net loss
OverviewU.S. real estate finance firm's Q1 net interest income grew 20% yr/yrGAAP net loss for Q1 was $7.4 mln, with diluted EPS at $(0.30)Company executed $272 mln securitization, reducing debt and releasing cash for loan purchasesOutlookCompany says it will focus on disciplined credit, earning...Reuters
Tue, May 5
First Watch Q1 revenue rises 17%, slightly beats estimates
OverviewUS daytime dining chain's Q1 revenue rose 17%, slightly beating analyst expectationsAdjusted EBITDA for Q1 beat analyst estimates, rising to $27.8 mlnCompany opened 16 new restaurants and reaffirmed full-year revenue outlookOutlookFirst Watch sees 2026 adjusted EBITDA of $133 mln to $140...Reuters
Tue, May 5
France's Macron says all options on table to respond to US auto tariffs
YEREVAN, May 5 (Reuters) - Asked about U.S. President Donald Trump's decision to increase tariffs on automobiles from the European Union, French President Emmanuel Macron said on Tuesday that France supports free and fair trade and that all options were on the table to respond."There are agr...Reuters
Tue, May 5
Henry Schein reaffirms annual profit forecast, beats Q1 estimates on dental strength
May 5 (Reuters) - Henry Schein HSIC.O on Tuesday reaffirmed its annual forecast after beating Wall Street expectations for first-quarter profit as the medical supplies distributor saw strong demand across its dental business. The U.S. dental market has seen instability marked by uneven patient v...Reuters
Tue, May 5
TransDigm Q2 revenue rises 18%, beats estimates
OverviewUS aircraft components supplier's fiscal Q2 revenue rose 18%, beating analyst expectationsAdjusted EPS for fiscal Q2 beat consensus, rising 8% year-over-yearCompany raised full-year 2026 guidance after strong Q2 and recent acquisitionsOutlookCompany lifts fiscal 2026 EBITDA As Defined ou...Reuters
Tue, May 5
AdaptHealth Q1 operating income misses estimates on expansion costs
OverviewUS home medical equipment provider's Q1 revenue rose 5.4%, beating analyst expectationsQ1 operating income and pretax profit missed analyst expectationsElevated labor costs from major expansion weighed on Q1 results; costs expected to normalize by Q2OutlookCompany raises 2026 net revenue...Reuters
Tue, May 5
LCI Industries Q1 revenue slightly beats estimates on acquisitions and pricing
OverviewU.S. RV components supplier's Q1 revenue rose 4%, slightly beating analyst expectationsAdjusted EPS for Q1 rose 18% year-over-year to $2.59Company cites cost actions, innovation, and premium RV mix for margin expansionOutlookCompany sees April 2026 net sales of about $374 mln, down 4% fr...Reuters
Tue, May 5
OPENLANE Q1 revenue rises 15%
OverviewUS digital auto marketplace's Q1 revenue rose 15% yr/yr, driven by auction and related feesQ1 net income increased 33% yr/yr to $49 mlnCompany raised full-year 2026 guidance for net income, adjusted EBITDA, and operating adjusted EPSOutlookOPENLANE raises 2026 net income guidance to $147...Reuters
Tue, May 5
Viridian Therapeutics Q1 net loss widens on higher costs
OverviewU.S. biotech firm's Q1 revenue beat analyst expectationsNet loss widened to $104.9 mln from $86.9 mln a year earlierHigher expenses driven by launch preparations and increased headcountOutlookViridian expects FDA PDUFA action date for veligrotug in TED on June 30, 2026Company plans to su...Reuters
Tue, May 5
Thai foreign minister seeks ASEAN talks with Myanmar counterpart
Thai minister met junta chief Min Aung Hlaing two weeks agoSihasak did not ask to meet Aung San Suu Kyi during visitFurther Myanmar discussions likely at ASEAN summit this weekBy Panu Wongcha-um BANGKOK, May 5 (Reuters) - Thailand's foreign minister said on Tuesday he planned to invite his My...Reuters
Tue, May 5
CPI Card Group Q1 revenue rises 20%, net income falls on integration costs
OverviewU.S. payments technology firm's Q1 revenue rose 20%, beating analyst expectationsNet income for Q1 fell 57%, missing analyst estimates due to Arroweye integration costsCompany affirmed full-year outlook for high single-digit revenue growthOutlookCPI affirms 2026 outlook for high single-d...Reuters
Tue, May 5
Repligen Q1 revenue rises 15%, adjusted EPS beats estimates
OverviewU.S. bioprocessing tech firm's Q1 revenue up 15%, slight beat of analyst expectationsAdjusted EPS rose 23% yr/yr, beating analyst expectationsCompany divested non-core Polymem business and signed new China partnershipOutlookRepligen sees FY26 revenue of $803 mln to $833 mln, up 9%-13%Com...Reuters
Tue, May 5
Sunoco Q1 adjusted EBITDA jumps 89%, beats estimates
OverviewUS fuel distributor's Q1 adjusted EBITDA rose yr/yr, beating analyst expectationsNet income for Q1 surged yr/yr, driven by acquisitions and one-time inventory gainsCompany raised quarterly distribution by 6.25% and completed TanQuid acquisitionOutlookSunoco targets a multi-year distribut...Reuters
Tue, May 5
BellRing Brands Q2 sales rise 2% but miss estimates
OverviewU.S. wellness products maker's Q2 sales rose 2% yr/yr but missed analyst expectationsAdjusted EPS and adjusted EBITDA for Q2 missed analyst expectationsQuarter impacted by consumer price sensitivity, higher freight, and $11 mln inventory chargeOutlookBellRing sees FY26 net sales of $2.32...Reuters
Tue, May 5
Knife River Q1 revenue rises 16%, beats estimates
OverviewU.S. aggregates and construction materials firm's Q1 revenue rose 16%, beating analyst expectationsQ1 adjusted EBITDA loss narrowed and beat analyst expectationsCompany completed three acquisitions and reported record Q1 backlog of $1.2 blnOutlookKnife River expects 2026 revenue between ...Reuters
Tue, May 5
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