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Insurer AIG's quarterly profit surges on steep fall in catastrophe losses
April 30 (Reuters) - Insurer AIG AIG.N posted a sharp rise in quarterly adjusted profit on Thursday, driven by strong underwriting and a steep decline in catastrophe-related losses from a year earlier when the industry was hit by claims from the Los Angeles wildfires.The New York-based company - one...Reuters
Thu, Apr 30
Bank of the James Q1 profit jumps on higher net interest income
OverviewU.S. commercial bank's Q1 net income surged, driven by higher net interest and noninterest incomeCompany improved efficiency ratio as revenue grew and noninterest expense declinedBoard declared quarterly dividend of $0.10 per shareOutlookCompany did not provide specific guidance for futu...Reuters
Thu, Apr 30
BayFirst Financial Q1 net loss widens on lower net interest income
OverviewUS community bank reported Q1 net loss widened yr/yr on lower net interest incomeCompany raised $80 mln in capital via PIPE to improve regulatory capital ratiosAlfred Rogers named CEO of BayFirst National Bank as part of leadership changesOutlookCompany intends to develop an Asset Resolution...Reuters
Thu, Apr 30
Trupanion Q1 revenue beats estimates on subscription growth
OverviewU.S. pet insurance provider's Q1 revenue rose 12%, beating analyst expectationsNet income turned positive to $4.9 mln from a loss a year agoSubscription business revenue grew 16%OutlookCompany did not provide specific guidance for the current qtr or full yr in its press release Result Dr...Reuters
Thu, Apr 30
Twilio beats Q1 revenue expectations, lifts FY revenue growth forecast
OverviewUS customer engagement platform's Q1 revenue rose 20%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany repurchased $253 mln in shares during Q1OutlookTwilio sees Q2 revenue of $1.42 bln to $1.43 bln, up 15.5%-16.5% y/yCompany expects Q2 non-GAAP EPS of $1...Reuters
Thu, Apr 30
Rivian Q1 revenue beats estimates
OverviewU.S. electric vehicle maker's Q1 revenue rose 11% yr/yr, beating analyst expectationsGross profit declined yr/yr, mainly due to lower regulatory credit sales and product mix shiftCompany started R2 vehicle production and received $1 bln investment from Volkswagen GroupOutlookRivian expec...Reuters
Thu, Apr 30
Weave Communications Q1 revenue rises 17%, beats estimates
OverviewUS healthcare SaaS platform's Q1 revenue rose 17.4%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany attributes improved profitability to disciplined operations and higher AI tool adoptionOutlookWeave sees Q2 revenue between $67.2 mln and $68.2 mlnCompany...Reuters
Thu, Apr 30
LendingTree Q1 revenue beats estimates, lifts FY revenue outlook
OverviewUS online financial marketplace's Q1 revenue rose 37% yr/yr, beating analyst expectationsAdjusted EBITDA for Q1 grew 71% yr/yr to $42.0 mlnCompany raised full-year 2026 revenue and adjusted EBITDA outlooksOutlookLendingTree raises 2026 revenue outlook to $1.3-$1.35 bln from $1.275-$1.33 ...Reuters
Thu, Apr 30
Monolithic Power Q1 earnings beat estimates on rise in rev from Enterprise Data end market
OverviewUS semiconductor power solutions firm's Q1 revenue rose 26% yr/yr, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany cites strong growth in communications and enterprise data end marketsOutlookCompany expects Q2 2026 revenue between $890 mln and $910 mlnCom...Reuters
Thu, Apr 30
Cerus Q1 revenue rises, beats estimates
OverviewBlood safety technology firm's Q1 revenue rose 23% yr/yr, beating analyst expectationsQ1 adjusted EBITDA beat consensus, driven by strong INTERCEPT Fibrinogen Complex demandCompany raised full-year 2026 product revenue guidance to $227 mln-$231 mln, up 10%-12% yr/yrOutlookCerus raises 20...Reuters
Thu, Apr 30
Roku sees annual revenue of $5.5 bln after Q1 sales beat
OverviewU.S. streaming platform's Q1 revenue rose 22% yr/yr, beating analyst expectationsPlatform revenue grew 28% yr/yr, led by advertising and subscriptionsCompany repurchased $100 mln of shares in Q1 under ongoing buyback programOutlookRoku expects Q2 2026 net revenue of $1.295 blnCompany see...Reuters
Thu, Apr 30
Cohu Q1 sales rise 29%, beat estimates despite $12.1 mln GAAP net loss
OverviewUS semiconductor equipment supplier's Q1 sales rose, beating analyst expectationsCompany posted GAAP net loss of $12.1 mln, or $0.26 per share, for Q1Raised FY26 high-performance computing revenue outlook, citing AI-driven demandOutlookCohu expects Q2 2026 sales of $144 mln, plus or minu...Reuters
Thu, Apr 30
Amgen Q1 revenue rises
OverviewBiotechnology firm's Q1 revenue rose 6% yr/yr to $8.6 bln, product sales up 4%Non-GAAP EPS for Q1 increased 5% yr/yr, driven by higher revenuesCompany raised quarterly dividend 6% from prior yearOutlookAmgen sees 2026 total revenue between $37.1 bln and $38.5 blnCompany expects 2026 GAAP...Reuters
Thu, Apr 30
Allegiant Travel Q1 revenue beats estimates, co raises Q2 outlook
OverviewU.S. leisure airline's Q1 revenue rose 4.8%, beating analyst expectationsAdjusted EPS for Q1 jumped 78.7%, beating analyst expectationsCompany cites strong demand and higher yields despite reduced capacityOutlookAllegiant expects Q2 system capacity down ~6.5% year-over-yearCompany sees Q...Reuters
Thu, Apr 30
Nutex Health Q1 revenue rises 2.2% but misses estimates
OverviewUS healthcare operator's Q1 revenue rose 2.2% but missed analyst expectationsNet income attributable to Nutex Health more than doubled year-over-yearRevenue growth driven by higher acuity claims and favorable dispute resolution outcomesOutlookCompany plans to open three new hospitals lat...Reuters
Thu, Apr 30
Rimini Street beats Q1 revenue estimates
OverviewEnterprise software support firm's fiscal Q1 revenue rose 1.2%, beating analyst expectationsNet income and adjusted EBITDA declined yr/yrCompany made $10 mln voluntary debt prepayment, reducing outstanding debt to $58.4 mlnOutlookCompany sees Q2 2026 revenue between $106 mln and $108 mln...Reuters
Thu, Apr 30
Dexcom Q1 revenue beats on international growth
OverviewU.S. glucose monitoring device maker's Q1 revenue rose 15%, beating analyst expectationsAdjusted EPS for Q1 beat analyst expectationsGrowth driven by demand for Dexcom CGM and expanded G7 15 Day launch in U.S.OutlookDexcom sees 2026 revenue of $5.16-$5.25 bln, about 11-13% growthCompany ...Reuters
Thu, Apr 30
Sinclair Q1 revenue rises 4%, beats analyst expectations
OverviewU.S. media company's Q1 revenue rose 4% yr/yr, beating analyst expectationsQ1 adjusted EBITDA grew 13% yr/yr, driven by digital and core advertising gainsCompany reaffirmed 2026 full-year financial guidanceOutlookSinclair reaffirms its 2026 full-year financial guidance issued in February...Reuters
Thu, Apr 30
Roku raises annual platform revenue forecast
April 30 - Roku ROKU.O raised its annual platform revenue forecast on Thursday, signaling confidence that advertisers will continue to spend on its streaming platform.The company now sees 2026 platform revenue growing 21% to $5 billion, compared with its prior projection of $4.89 billion.Reuters
Thu, Apr 30
Health Rounds: New CAR-T cell method may allow some cancer patients to skip chemotherapy
By Nancy LapidApril 30 (Reuters) - Hello Health Rounds readers! Finding ways to better treat cancers without toxic chemotherapy has long been a goal, and today we highlight a new approach that could make that a reality for some blood cancer patients. We also report on a new use for artificial intell...Reuters
Thu, Apr 30
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