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Alabama sidelines ABA in lawyer admissions while Tennessee weighs similar move
By Karen Sloan May 4 (Reuters) - Alabama has become the third Republican-led U.S. state in recent months to limit the role of the American Bar Association in lawyer licensing, and Tennessee could be next.The Supreme Court of Alabama on Thursday revised its admissions rules to eliminate graduation...Reuters
Mon, May 4
Centerspace Q1 revenue misses analyst expectations
OverviewU.S. apartment owner reported Q1 revenue down 3% yr/yr, missing analyst expectationsCore FFO per share for Q1 fell 7.4% yr/yr, mainly due to prior asset salesCompany strategic review remains ongoing, update expected before or with Q2 resultsOutlookCenterspace sees 2026 net loss per share bet...Reuters
Mon, May 4
Evolus Q1 revenue rises 7% on product sales
OverviewUS performance beauty firm's Q1 revenue rose 7% yr/yr, driven by Jeuveau and HA gel salesCompany posted second straight quarter of positive adjusted EBITDA, reflecting improved operating leverageEvolus reaffirmed full-year 2026 guidance for double-digit revenue growth and positive adjust...Reuters
Mon, May 4
Matson Q1 revenue falls on soft container demand
OverviewU.S. Pacific carrier's Q1 2026 revenue fell yr/yr, driven by lower China service volumeQ1 2026 net income and EPS declined compared to prior yearCompany repurchased 0.4 mln shares and expanded buyback programOutlookMatson expects Q2 consolidated operating income about $20 mln higher than...Reuters
Mon, May 4
EverQuote's Q1 revenue beats analyst estimates on strong home, renters insurance sales
OverviewU.S. P&C insurance solutions provider's Q1 revenue grew 15%, beating analyst expectationsQ1 adjusted EBITDA rose 30% yr/yr, beating analyst estimatesCompany repurchased 1.1 mln shares for $19.9 mln during Q1OutlookEverQuote sees Q2 revenue of $185 mln to $195 mln, up 21% year-on-year...Reuters
Mon, May 4
Lattice Semiconductor Q1 revenue beats estimates on strong demand across all end markets
OverviewUS FPGA chipmaker's fiscal Q1 revenue rose 42% yr/yr, beating analyst expectationsAdjusted EPS for fiscal Q1 beat analyst expectations, up 86% yr/yrCompany to acquire AMI for $1.65 bln in cash and stock, aiming to expand secure platformOutlookLattice expects Q2 2026 revenue between $175 ...Reuters
Mon, May 4
Addus HomeCare Q1 adjusted EPS rises
OverviewU.S. home care provider's Q1 revenue rose 7.7% yr/yrAdjusted EPS for Q1 rose 14.1% and beat analyst expectationsCompany acquired Indiana-based HomeCourt Home Care and agreed to buy another Indiana operationOutlookCompany expects continued organic growth and additional value from acquired...Reuters
Mon, May 4
Tidewater Q1 net income drops, reiterates FY revenue outlook
OverviewU.S. offshore vessel operator's Q1 revenue fell 2.2% yr/yr, net income declined sharplyNet income and EBITDA impacted by $3.4 mln foreign exchange lossCompany reiterated 2026 revenue and margin guidance, expects Wilson Sons Ultratug deal to close Q2OutlookTidewater reiterates 2026 revenu...Reuters
Mon, May 4
URGENT-Maersk says subsidiary's US-flagged vehicle carrier transits Strait of Hormuz accompanied by US military
LOS ANGELES, May 4 (Reuters) - Maersk MAERSKB.CO said the Alliance Fairfax, a U.S.-flagged vehicle carrier operated by its Farrell Lines subsidiary, exited the Gulf via the Strait of Hormuz accompanied by the U.S. military on Monday. Maersk said the transit was completed without incident and that al...Reuters
Mon, May 4
Vitesse Energy posts net loss in Q1
OverviewU.S. oil and gas interest holder's Q1 revenue rose 2% yr/yrCompany posted GAAP net loss on derivative losses; adjusted net loss was $0.3 mlnIn April, company closed previously announced Powder River Basin asset acquisitionOutlookVitesse sees 2026 annual production at 16,000-17,500 Boe pe...Reuters
Mon, May 4
Metallus Q1 sales beat analyst estimates
OverviewUS specialty metals maker's Q1 net sales rose 10% yr/yr, beating analyst expectationsAdjusted EBITDA climbed 39% yr/yr, driven by higher shipments and improved manufacturingCompany repurchased $4.3 mln in shares and invested $24.7 mln in capital expendituresOutlookMetallus expects Q2 adj...Reuters
Mon, May 4
Baldwin Insurance Q1 revenue beats estimates, driven by recent partnerships
OverviewUS insurance distributor's Q1 revenue rose 29%, beating analyst expectationsAdjusted EPS for Q1 slightly missed analyst expectationsCompany cites recent partnerships, especially CAC Group, as key drivers of revenue growthOutlookBaldwin expects accelerating organic growth through 2026, ta...Reuters
Mon, May 4
Repay Q1 revenue rises, adjusted EBITDA beats on new clients & payment channels growth
OverviewU.S. payment solutions provider's Q1 revenue grew 4% yr/yr, slightly missing analyst expectationsAdjusted EBITDA for Q1 beat analyst expectationsCompany attributes growth to new enterprise clients and digital wallet adoptionOutlookRepay expects 2026 revenue between $340 mln and $346 mlnC...Reuters
Mon, May 4
onsemi Q1 revenue beats analyst estimates on AI data center growth
OverviewUS semiconductor maker's Q1 revenue rose 5%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany repurchased $346 mln in shares, about 160% of free cash flowOutlookonsemi expects Q2 revenue between $1.54 bln and $1.64 blnCompany sees Q2 non-GAAP diluted EPS o...Reuters
Mon, May 4
BioMarin Q1 revenue rises, beats estimates
OverviewUS rare disease drugmaker's Q1 revenue rose 3% yr/yr, beating analyst expectationsAdjusted EPS for Q1 beat consensusCompany raised 2026 revenue guidance after Amicus acquisition added new productsOutlookBioMarin raises 2026 total revenue guidance to $3.825 bln-$3.925 bln, up from $3.325 ...Reuters
Mon, May 4
Paymentus Q1 revenue beats estimates, driven by higher billers and transactions
OverviewUS cloud bill payment tech firm's Q1 revenue rose 30% yr/yr, beating analyst expectationsAdjusted EBITDA grew 41% yr/yr, with margin rising to 38.7%Growth driven by increased billers and transactions processedOutlookPaymentus sees Q2 revenue between $340 mln and $350 mlnCompany expects Q...Reuters
Mon, May 4
Medifast Q1 revenue falls as active coach count drops
OverviewU.S. metabolic health firm's Q1 revenue fell 34% yr/yr as active coach count declinedCompany posted Q1 net loss of $2.1 mln, wider than prior year periodMedifast expects further coach declines and continued losses through 2026OutlookCompany expects Q2 2026 revenue between $60 mln and $80...Reuters
Mon, May 4
ThredUp beats Q1 revenue estimates, lifts 2026 outlook
OverviewUS online apparel reseller's Q1 revenue rose 15%, beating analyst expectationsQ1 adjusted EBITDA beat consensusCompany raised full-year 2026 outlook for revenue, gross margin and adjusted EBITDA marginOutlookThredUp raises full-year 2026 outlook for revenue, gross margin and adjusted EBI...Reuters
Mon, May 4
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