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New York sues video game developer Valve, says its 'loot boxes' are gambling
New York says Valve promotes 'quintessential gambling'Attorney General Letitia James says children can be addictedLawsuit sees fine, restitutionValve not available for commentBy Jonathan StempelNEW YORK, Feb 25 (Reuters) - New York's attorney general sued Valve, a video game developer wh...Reuters
28 minutes ago
Maravai LifeSciences Q4 revenue drops less than expected
OverviewLife science reagents provider reported smaller-than-expected drop in Q4 revenueAdjusted EBITDA for Q4 beat analyst expectationsRevenue decline due to reduced CleanCap orders for vaccine programsOutlookMaravai expects full-year 2026 revenue between $200 mln and $210 mlnCompany projects full-...Reuters
29 minutes ago
Safety Insurance Q4 net income rises to $20.1 mln
OverviewInsurance provider's Q4 net income rose to $20.1 mln, driven by improved underwriting resultsCompany repurchased $20 mln of shares in Q4 2025Q4 direct written premiums increased 2.6% yr/yr to $299.6 mlnOutlookCompany did not provide specific guidance for future quarters or full yearResul...Reuters
29 minutes ago
Ormat Technologies Q4 revenue rises 19.6%, beats estimates
OverviewGeothermal energy firm's Q4 revenue rose 19.6%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsOutlookOrmat expects 2026 total revenues between $1,110 mln and $1,160 mlnCompany anticipates 2026 adjusted EBITDA between $615 mln and $645 mlnOrmat targets generatin...Reuters
29 minutes ago
Carlsmed Q4 revenue surges, driven by AI-enabled spine surgery solutions
OverviewMedical technology firm's Q4 revenue grew 61% yr/yrCompany reported Q4 net loss of $8.6 mlnCompany launched new cervical and bilateral fusion systemsOutlookCarlsmed expects 2026 revenue between $70 mln and $75 mlnResult DriversREVENUE GROWTH - Carlsmed reported a 61% increase in Q4 reven...Reuters
29 minutes ago
Agilent reports in-line first quarter, says results hurt by US snowstorm
By Bageshri BanerjeeFeb 25 (Reuters) - Life sciences firm Agilent Technologies A.N on Wednesday reported first-quarter results that were largely in line with Wall Street estimates on stable demand for its medical tools and equipment used in lab research and diagnostic services.U.S. life sciences and...Reuters
29 minutes ago
Nutanix Q2 revenue beats estimates on strong bookings
OverviewHybrid multicloud computing leader's Q2 revenue rose 10%, beating analyst expectationsAdjusted operating income for Q2 beat analyst estimatesCompany completed $300 mln accelerated share repurchase in Q2OutlookNutanix expects Q3 revenue between $680 mln and $690 mlnCompany forecasts fisca...Reuters
30 minutes ago
Hamilton Beach Q4 operating profit rises
OverviewConsumer appliance maker's Q4 revenue flat at $212.9 mlnGross margin expanded 220 basis points to 28.3%Operating profit for Q4 rose 8% to $25.4 mlnOutlookHamilton Beach expects 2026 revenue growth to approach mid-single digit rangeGross margins projected to be similar to slightly better ...Reuters
30 minutes ago
Encore Capital beats Q4 revenue expectations
OverviewSpecialty finance firm's Q4 revenue beat analyst expectationsNet income for Q4 beat analyst estimatesCompany repurchased 9% of shares for $89.5 mln in 2025OutlookEncore Capital expects 2026 earnings per share to increase 10% to $12.00Company anticipates 2026 global collections to rise 5%...Reuters
30 minutes ago
Synopsys Q1 revenue slightly beats estimates; co authorizes $2 bln buyback
OverviewSemiconductor design software firm's Q1 revenue slightly beat analyst expectationsAdjusted EPS for Q1 beat analyst expectationsCompany authorized $2 bln stock repurchase programOutlookSynopsys expects Q2 revenue between $2.225 bln and $2.275 blnCompany projects full-year revenue between ...Reuters
31 minutes ago
IMAX beats Q4 revenue, profit expectations
OverviewEntertainment technology firm's Q4 revenue rose 35% yr/yr, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany achieved record full-year revenue of $410 mln, up 16% yr/yrOutlookIMAX expects 2026 box office revenue to reach $1.4 blnCompany anticipates 160 to 1...Reuters
31 minutes ago
Semiconductor tools maker Veeco slightly misses Q4 revenue expectations
OverviewSemiconductor equipment maker's Q4 revenue slightly missed analyst expectationsNon-GAAP net income for Q4 missed analyst estimatesCompany anticipates growth from AI and high-performance computing, plans Axcelis mergerOutlookVeeco expects Q1 2026 revenue between $150 mln and $170 mlnCompa...Reuters
31 minutes ago
Veracyte Q4 revenue rises 19%, beats expectations
OverviewCancer diagnostics firm's Q4 revenue rose 19%, beating analyst expectationsTesting revenue grew 21% driven by Decipher and Afirma testsCompany recorded GAAP net income of $41.1 mln, up 705% yr/yrOutlookVeracyte expects 2026 revenue growth of 10% to 13%, reaching $570 mln to $582 mlnCompa...Reuters
31 minutes ago
Celldex Q4 revenue falls
OverviewBiotech firm's Q4 revenue fell yr/yrNet loss for Q4 exceeded analyst estimatesOutlookCelldex anticipates topline data from Phase 3 CSU studies in Q4 2026Company expects Phase 2 prurigo nodularis data in summer 2026Result DriversR&D Expenses - Research and development expenses were $7...Reuters
32 minutes ago
Salesforce slightly beats Q4 revenue expectations
OverviewAI CRM provider's Q4 revenue slightly beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany announced $50 bln share repurchase programOutlookSalesforce initiates FY27 revenue guidance of $45.8 bln to $46.2 blnCompany expects organic revenue re-acceleration in H2 F...Reuters
34 minutes ago
Arcutis Q4 revenue rises 84% on ZORYVE sales, raises FY guidance
OverviewBiopharmaceutical firm's Q4 2025 net product revenue rose 84% yr/yr, driven by ZORYVE salesCompany achieved positive operating cash flow in Q4 2025Raised 2026 full-year net product sales guidance to $480 mln – $495 mlnOutlookCompany raised 2026 full-year net product sales guidance to $48...Reuters
34 minutes ago
Churchill Downs Q4 revenue up 7%, beats expectations
OverviewU.S. entertainment company's Q4 2025 revenue rose 7%, beating analyst expectationsNet income for Q4 2025 fell 28% yr/yrCompany opened new gaming facilities and announced $180-$200 mln investment in New HampshireOutlookCompany expects project capital expenditures of $180 to $220 mln in 20...Reuters
34 minutes ago
Mirum Pharmaceuticals 2025 sales rise
OverviewRare disease company reported 2025 net product sales of $521 mln, up from 2024Company expects 2026 global net product sales of $630 mln to $650 mlnCompany completed acquisition of Bluejay Therapeutics, adding brelovitug for HDVOutlookMirum expects 2026 global net product sales of $630 mln to...Reuters
34 minutes ago
FAA issues directive to address Boeing 737 circuit breaker issue
WASHINGTON, Feb 25 (Reuters) - The Federal Aviation Administration said on Wednesday it has issued an airworthiness directive for all Boeing BA.N 737 MAX 8, and 8200 airplanes to address a circuit breaker issue that could lead to a malfunction causing excessively high temperatures in the cabin and f...Reuters
35 minutes ago
Brazil's Nubank increases net profit by 50% in fourth quarter
SAO PAULO, Feb 25 (Reuters) - Nu Holdings NU.N, the listed entity which runs Brazilian digital lender Nubank, on Wednesday posted a 50% increase in its fourth-quarter net profit from the same period of 2024, to $894.8 million.The lender, which has 131 million customers in Brazil, Mexico and Colombia...Reuters
35 minutes ago
