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American Integrity Insurance Q1 adjusted EPS beats estimates
OverviewFlorida property insurer's Q1 net premiums earned rose 26% yr/yr, driven by voluntary market growthAdjusted EPS for Q1 beat analyst expectationsCompany paid $20 mln special cash dividend in Q1OutlookCompany did not provide specific financial guidance for the current quarter or full yearR...Reuters
Tue, May 12
Atea Pharmaceuticals Q1 net loss widens on higher R&D spending
OverviewU.S. antiviral drug developer's Q1 net loss widened on higher R&D spending for HCV and HEV programsCompany ended Q1 with $256 mln in cash, down from $302 mln at year-endPhase 3 HCV trials and preclinical HEV candidate remain on track for key 2026 milestonesOutlookTopline results from...Reuters
Tue, May 12
Infinity Natural Resources Q1 net loss narrows
OverviewU.S. oil and gas producer's Q1 net daily production rose 88% after major acquisitionsQ1 net loss narrowed to $6.3 mln from $2.27 per share loss a year agoAdjusted EBITDAX grew 70% yr/yr, driven by higher production and acquisitionsOutlookInfinity reaffirms 2026 capital budget of $450 mln...Reuters
Tue, May 12
AnaptysBio's Q1 collaboration revenue falls, net loss widens
OverviewBiotech royalty manager's Q1 collaboration revenue declined yr/yr as Vanda license revenue fellNet loss widened in Q1 from prior year, reflecting higher G&A expenses and spin-off costsCompany announced $100 mln stock repurchase plan expiring Dec. 31, 2026OutlookAnaptysBio expects to ...Reuters
Tue, May 12
Musk Says SpaceX Is Considering Several Locations Domestically And Internationally To Build Advanced Spaceports
May 12 (Reuters) - MUSK: SPACEX IS CONSIDERING SEVERAL LOCATIONS DOMESTICALLY AND INTERNATIONALLY TO BUILD WORLD'S MOST ADVANCED SPACEPORTSSource text: https://tinyurl.com/5etn7w6cFurther company coverage: [ ]Reuters
Tue, May 12
Palisade Bio Q1 net loss widens on higher R&D costs
OverviewUS biopharma firm's Q1 net loss widened on higher R&D and administrative expensesCompany advanced PALI-2108 with positive Phase 1b data; Phase 2 trials planned for 2026-2027Company ended Q1 with $132.6 mln cash, expects funding to cover key clinical milestonesOutlookCompany expects t...Reuters
Tue, May 12
Kuwait says four people affiliated with Iran's IRGC arrested trying to enter by sea
DUBAI, May 12 (Reuters) - Kuwait's interior ministry said on Tuesday it had arrested four people affiliated with Iran's Revolutionary Guards who attempted to infiltrate the Gulf state by sea, the state news agency KUNA reported. Iran condemned Kuwait's arrest of four people, ...Reuters
Tue, May 12
Astronics beats Q1 sales estimates on strength in Aerospace segment, raises 2026 revenue outlook
OverviewU.S. aerospace technology supplier's Q1 sales grew 12%, beating analyst expectationsAdjusted EBITDA for Q1 rose 23% yr/yr, with margin expanding to 16.4%Company raised 2026 revenue guidance to $970 mln-$1 bln amid record backlogOutlookAstronics raises 2026 revenue guidance to $970 mln-$1...Reuters
Tue, May 12
Building products distributor QXO's Q1 revenue slightly misses expectations amid industry softness
OverviewFirm's Q1 revenue slightly missed analyst expectationsAdjusted diluted loss per share for Q1 was $0.12Company completed $2.25 bln Kodiak acquisition, announced $17 bln TopBuild dealOutlookQXO targets $50 bln in annual revenue within a decade through acquisitions and organic growthCompany...Reuters
Tue, May 12
Capricor Therapeutics Q1 net loss widens as expenses rise
OverviewUS biotechnology firm's Q1 2026 saw no revenue and net loss widened year-over-yearCompany's lead therapy Deramiocel under FDA review with PDUFA target date August 2026Cash position expected to fund operations into Q4 2027, excluding potential product salesOutlookCompany expects FDA d...Reuters
Tue, May 12
South Korea's DoubleDown Q1 revenue rises 13%, slightly misses estimates
OverviewSouth Korea digital games developer's Q1 revenue rose 12.7% yr/yr, slightly missed analyst expectationsAdjusted EBITDA for Q1 increased 24% and beat analyst expectationsCompany's Q1 results driven by WHOW Games acquisition and SuprNation brand launchOutlookCompany did not provide spe...Reuters
Tue, May 12
Smart Sand Q1 revenue rises on higher volumes, prices; costs hit bottom line
OverviewU.S. frac sand supplier's Q1 revenue rose 42% yr/yr on higher sales volumes and pricesCompany posted Q1 net loss of $3.9 mln, adjusted EBITDA was $3.8 mlnSmart Sand repurchased $1.4 mln in shares and paid $0.10 special dividend in Q1OutlookCompany expects 2026 sales volume growth of 5% t...Reuters
Tue, May 12
MaxCyte Q1 revenue falls
OverviewUS cell-engineering platform's Q1 revenue fell 7% yr/yr, driven by lower core revenueNet loss for Q1 narrowed compared to prior yearCompany authorized $10 mln share repurchase programOutlookMaxCyte reiterates 2026 revenue guidance of $30 mln to $32 mlnCompany expects 2026 core revenue of...Reuters
Tue, May 12
I3 Verticals Approves New Share Repurchase Program For Up To $100 Million Of Class A Common Stock - SEC Filing
May 12 (Reuters) - I3 Verticals Inc IIIV.O:I3 VERTICALS INC - APPROVES NEW SHARE REPURCHASE PROGRAM FOR UP TO $100 MILLION OF CLASS A COMMON STOCK - SEC FILINGSource text: [ID:n0001728688-26-000034]Reuters
Tue, May 12
Rezolute Q3 net loss narrows as R&D expenses fall
OverviewUS rare disease drug developer's fiscal Q3 net loss narrowed yr/yrR&D expenses fell due to lower manufacturing and clinical trial costsCompany advanced clinical programs for congenital and tumor hyperinsulinismOutlookRezolute expects an update on its congenital HI program in the seco...Reuters
Tue, May 12
US social media legislation gains momentum as key Republican senator pledges support
By Courtney RozenWASHINGTON, May 12 (Reuters) - U.S. legislation that would require social media companies to take more responsibility for how their apps affect children and teens overcame a key hurdle on Tuesday, when a leading Republican senator said he would back the bill.U.S. Senator Ted Cruz sa...Reuters
Tue, May 12
Nextpower Q4 revenue beats estimates, raises 2027 outlook
OverviewUS solar power systems provider's Q4 revenue beat analyst expectations, despite yr/yr declineAdjusted diluted EPS for Q4 fell yr/yrCompany raised FY27 outlook, citing strong execution and bookingsOutlookNextpower raises FY27 revenue outlook to $3.8-$4.1 bln from $3.6-$3.8 blnCompany expe...Reuters
Tue, May 12
Evolv Technologies Q1 revenue jump tops estimates; hikes FY sales view
OverviewSecurity tech firm's Q1 2026 revenue rose 45% yr/yr, beating analyst expectationsAdjusted EBITDA for Q1 2026 improved to $3.9 mln with margin of 8.5%Company raised 2026 revenue outlook, now expects 20%-23% yr/yr revenue growthOutlookEvolv raises 2026 revenue outlook to $175-$180 mln, up ...Reuters
Tue, May 12
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