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SAN JOSE, Calif.--(BUSINESS WIRE)-- #ai--Stellar Cyber today announced the appointment of Mayuresh Ektare as Senior Vice President of Product Management, bringing more than 20 years of experience building category-defining AI-native cybersecurity platforms to help address what many see as the industry's next critical failure point: the Security Operations Center (SOC). Ektare joins Stellar Cyber from Qualys, where he led the shift from vulnerability management to an Exposure & Risk platform power.

Q1 Revenue Growth of 10% Year-Over-Year
Raises 2026 Revenue Guidance to $721.0-$727.0 million

, /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a leading provider of disruptive cloud-based IT, security and compliance solutions, today announced financial results for the first quarter ended March 31, 2026. For the quarter, the Company reported revenues of $175.6 million, net income under United States Generally Accepted Accounting Principles ("GAAP") of $50.6 million, non-GAAP net income of $69.6 million, Adjusted EBITDA of $83.3 million, GAAP net income per diluted share of $1.42, and non-GAAP net income per diluted share of $1.95.

"We are pioneering a new category in pre-breach risk management by bringing autonomous exploit validation, risk quantification, and remediation together within a single AI-driven risk fabric that redefines how enterprises operationalize cyber risk," said Sumedh Thakar, Qualys' president and CEO. "This quarter's solid results in part reflect the tangible impact of our AI-native Risk Operations Center and growing adoption of our Enterprise TruRisk Management solution, continuous innovation, expanding partner ecosystem, and promising early engagement from QFlex. Powered by a differentiated closed-loop system of record, a growing marketplace of agentic AI solutions, and leading model integrations, we are unifying cyber risk workflows, reducing operational complexity, and addressing security's toughest challenges at the speed of modern attacks. This reinforces our confidence in delivering durable, long-term profitable growth through the innovation and financial discipline that have long defined Qualys."

First Quarter 2026 Financial Highlights

Revenues: Revenues for the first quarter of 2026 increased by 10% to $175.6 million compared to $159.9 million for the same quarter in 2025.

Gross Profit: GAAP gross profit for the first quarter of 2026 increased by 11% to $145.6 million compared to $131.0 million for the same quarter in 2025. GAAP gross margin was 83% for the first quarter of 2026 compared to 82% for the same quarter in 2025. Non-GAAP gross profit for the first quarter of 2026 increased by 11% to $148.3 million compared to $133.7 million for the same quarter in 2025. Non-GAAP gross margin was 84% for both the first quarter of 2026 and for the same quarter in 2025.

Operating Income: GAAP operating income for the first quarter of 2026 increased by 18% to $60.9 million compared to $51.8 million for the same quarter in 2025. As a percentage of revenues, GAAP operating income was 35% for the first quarter of 2026 compared to 32% for the same quarter in 2025. Non-GAAP operating income for the first quarter of 2026 increased by 14% to $80.9 million compared to $71.2 million for the same quarter in 2025. As a percentage of revenues, non-GAAP operating income was 46% for the first quarter of 2026 compared to 45% for the same quarter in 2025.

Net Income: GAAP net income for the first quarter of 2026 increased by 7% to $50.6 million, or $1.42 per diluted share, compared to $47.5 million, or $1.29 per diluted share, for the same quarter in 2025. As a percentage of revenues, GAAP net income was 29% for the first quarter of 2026 compared to 30% for the same quarter in 2025. Non-GAAP net income for the first quarter of 2026 increased by 13% to $69.6 million, or $1.95 per diluted share, compared to $61.4 million, or $1.67 per diluted share, for the same quarter in 2025. As a percentage of revenues, non-GAAP net income was 40% for the first quarter of 2026 compared to 38% for the same quarter in 2025.

Adjusted EBITDA: Adjusted EBITDA (a non-GAAP financial measure) for the first quarter of 2026 increased by 11% to $83.3 million compared to $74.8 million for the same quarter in 2025. As a percentage of revenues, Adjusted EBITDA was 47% for both the first quarter of 2026 and for the same quarter in 2025.

Operating Cash Flow: Operating cash flow for the first quarter of 2026 decreased by 13% to $95.3 million compared to $109.6 million for the same quarter in 2025. As a percentage of revenues, operating cash flow was 54% for the first quarter of 2026 compared to 69% for the same quarter in 2025.

First Quarter 2026 Business Highlights

Qualys introduced Agent Val, powered by TruConfirm, an agentic AI-led workflow in our Enterprise TruRisk Management solution. Agent Val identifies high-risk exposures, validates real exploitability, and drives prioritized remediation to help teams shift from chasing volume to reducing verified risk. TotalCloud continued to garner top industry recognition. It was named a winner in the SC Awards (Best Cloud Security Management Solution), recognized by Forrester as one of only three Leaders in The Forrester Wave™: Cloud Native Application Protection Platform (CNAPP), Q1 2026, and positioned as a Leader in the 2026 GigaOm Radar report for Cloud Identity Entitlement Management (CIEM). Qualys Threat Research Unit (TRU) unveiled its latest research report, The Broken Physics of Remediation, analyzing over one billion CISA KEV remediation records across over 10,000 organizations, examining why approaches built on Mean-Time-To-Remediation and prioritization are no longer sufficient, and introducing more accurate ways to measure and manage risk. To help partners scale the ROC, Qualys introduced the Risk Operations Center (mROC) portal, providing partners with a unified view of risk across each customer's entire attack surface, empowering them to act on exposures that drive real risk and prove measurable risk reduction through built-in intelligence, validation, and closed-loop execution. Financial Performance Outlook

Based on information as of today, May 5, 2026, Qualys is issuing the following financial guidance for the second quarter and full year fiscal 2026. The Company emphasizes that the guidance is subject to various important cautionary factors referenced in the sections entitled "Legal Notice Regarding Forward-Looking Statements" and "Non-GAAP Financial Measures" below.

Second Quarter 2026 Guidance: Management expects revenues for the second quarter of 2026 to be in the range of $177.5 million to $179.5 million, representing 8% to 9% growth over the same quarter in 2025. GAAP net income per diluted share is expected to be in the range of $1.24 to $1.31, which assumes an effective income tax rate of 21%. Non-GAAP net income per diluted share is expected to be in the range of $1.73 to $1.80, which assumes a non-GAAP effective income tax rate of 20%. Second quarter 2026 net income per diluted share estimates are based on approximately 35.0 million weighted average diluted shares outstanding for the quarter.

Full Year 2026 Guidance: Management now expects revenues for the full year of 2026 to be in the range of $721.0 million to $727.0 million, representing 8% to 9% growth over 2025. This compares to the previous guidance range of $717.0 million to $725.0 million. GAAP net income per diluted share is now expected to be in the range of $5.40 to $5.61, up from the previous guidance range of $5.20 to $5.48. This assumes an effective income tax rate of 21%. Non-GAAP net income per diluted share is now expected to be in the range of $7.44 to $7.65, up from the previous guidance range of $7.17 to $7.45. This assumes a non-GAAP effective income tax rate of 20%. Full year 2026 net income per diluted share estimates are based on approximately 34.5 million weighted average diluted shares outstanding.

Qualys has not reconciled non-GAAP net income per diluted share guidance to GAAP net income per diluted share guidance because Qualys does not provide guidance on the various reconciling cash and non-cash items between GAAP net income and non-GAAP net income (i.e., stock-based compensation, amortization of intangible assets from acquisitions and non-recurring items). The actual dollar amount of reconciling items in the second quarter and full year 2026 is likely to have a significant impact on the Company's GAAP net income per diluted share in the second quarter and full year 2026. A reconciliation of the non-GAAP net income per diluted share guidance to the GAAP net income per diluted share guidance is not available without unreasonable effort.

Investor Conference Call

Qualys will host a conference call and live webcast to discuss its first quarter financial results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on Tuesday, May 5, 2026. To access the conference call by phone, please register here. A live webcast of the earnings conference call, investor presentation and prepared remarks can be accessed at https://investor.qualys.com/events-presentations. A replay of the conference call will be available through the same webcast link following the end of the call.

Investor Contact

Blair King
Senior Vice President, Investor Relations and Financial Planning & Analysis
(650) 538-2088
[email protected] 

About Qualys

Qualys, Inc. (NASDAQ: QLYS) is a leading provider of disruptive cloud-based Security, Compliance and IT solutions with more than 10,000 subscription customers worldwide, including a majority of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and consolidate their security and compliance solutions onto a single platform for greater agility, better business outcomes, and substantial cost savings.

The Qualys Enterprise TruRisk Platform leverages a single agent to continuously deliver critical security intelligence while enabling enterprises to automate the full spectrum of vulnerability detection, compliance, and protection for IT systems, workloads and web applications across on premises, endpoints, servers, public and private clouds, containers, and mobile devices. Founded in 1999 as one of the first SaaS security companies, Qualys has strategic partnerships and seamlessly integrates its vulnerability management capabilities into security offerings from cloud service providers, including Amazon Web Services, the Google Cloud Platform and Microsoft Azure, along with a number of leading managed service providers and global consulting organizations. For more information, please visit www.qualys.com.

Qualys, Qualys VMDR® and the Qualys logo are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.

Legal Notice Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, quotations of management and statements related to: the benefits of our existing, new and upcoming products, features, integrations, acquisitions, collaborations and joint solutions, and their impact upon our long-term growth; our ability to advance our value proposition and competitive differentiation in the market; our ability to address demand trends; our ability to maintain and strengthen our category leadership; our ability to solve modern security challenges at scale; our strategies and ability to achieve and maintain durable profitable growth; statements regarding our share repurchase; our guidance for revenues, GAAP EPS and non-GAAP EPS for the second quarter and full year 2026; and our expectations for the number of weighted average diluted shares outstanding and the GAAP and non-GAAP effective income tax rate for the second quarter and full year 2026. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks include our ability to continue to develop platform capabilities and solutions; the ability of our platform and solutions to perform as intended; customer acceptance and purchase of our existing solutions and new solutions; real or perceived defects, errors or vulnerabilities in our products or services; our ability to retain existing customers and generate new customers; the budgeting cycles and seasonal buying patterns of our customers; our ability to maintain government authorizations applicable to our platform; general market, political, economic and business conditions in the United States as well as globally; our ability to manage costs as we increase our customer base and the number of our platform solutions; the market for cloud solutions for IT security and compliance not increasing at the rate we expect; competition from other products and services; fluctuations in currency exchange rates; unexpected fluctuations in our effective income tax rate on a GAAP and non-GAAP basis; our ability to effectively manage our rapid growth and our ability to anticipate future market needs and opportunities; and any unanticipated accounting charges. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

The forward-looking statements in this press release are based on information available to Qualys as of the date hereof, and Qualys disclaims any obligation to update any forward-looking statements, except as required by law.

Non-GAAP Financial Measures

In addition to reporting financial results in accordance with GAAP, Qualys provides investors with certain non-GAAP financial measures, including non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share, Adjusted EBITDA (defined as earnings before interest expense, interest income and other income (expense), net, income taxes, depreciation, amortization, and stock-based compensation) and non-GAAP free cash flows (defined as cash provided by operating activities less purchases of property and equipment, net of proceeds from disposal).

In computing non-GAAP financial measures, Qualys excludes the effects of stock-based compensation expense, amortization of intangible assets from acquisitions, non-recurring items and for non-GAAP net income, impairment of non-marketable securities and certain tax effects. Qualys believes that these non-GAAP financial measures help illustrate underlying trends in its business that could otherwise be masked by the effect of the income or expenses that are excluded in non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share, Adjusted EBITDA and non-GAAP free cash flows.

Furthermore, Qualys uses some of these non-GAAP financial measures to establish budgets and operational goals for managing its business and evaluating its performance. Qualys believes that non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share, Adjusted EBITDA and non-GAAP free cash flows provide additional tools for investors to use in comparing its recurring core business operating results over multiple periods with other companies in its industry.

Although Qualys does not focus on or use quarterly billings in managing or monitoring the performance of its business, Qualys provides calculated current billings (defined as total revenues recognized in a period plus the sequential change in current deferred revenue in the corresponding period) for the convenience of investors and analysts in building their own financial models.

In order to provide a more complete picture of recurring core operating business results, the Company's non-GAAP net income and non-GAAP net income per diluted share include adjustments for non-recurring income tax items and certain tax effects of non-GAAP adjustments to achieve the effective income tax rate on a non-GAAP basis. The Company's non-GAAP effective tax rate may differ from the GAAP effective income tax rate as a result of these income tax adjustments. The Company believes its estimated non-GAAP effective income tax rate of 20% in 2026 is a reasonable estimate under its current global operating structure and core business operations. The Company may adjust this rate during the year to take into account events or trends that it believes materially impact the estimated annual rate. The non-GAAP effective income tax rate could be subject to change for a number of reasons, including but not limited to, significant changes resulting from tax legislation, material changes in geographic mix of revenues and expenses and other significant events.

The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the non-GAAP financial measures discussed in this press release to the most directly comparable GAAP financial measures is included with the financial statements contained in this press release. Management uses both GAAP and non-GAAP information in evaluating and operating its business internally and as such has determined that it is important to provide this information to investors.

Qualys, Inc.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

(in thousands, except per share data)

Three Months Ended
March 31,

2026

2025

Revenues

$         175,638

$         159,899

Cost of revenues (1)

29,990

28,926

Gross profit

145,648

130,973

Operating expenses:

Research and development (1)

29,020

29,154

Sales and marketing (1)

38,760

32,660

General and administrative (1)

16,983

17,404

Total operating expenses

84,763

79,218

Income from operations

60,885

51,755

Other income (expense), net:

Interest income

6,176

6,235

Other income (expense), net

(2,071)

317

Total other income, net

4,105

6,552

Income before income taxes

64,990

58,307

Income tax provision

14,347

10,773

Net income

$           50,643

$           47,534

Net income per share:

Basic

$               1.42

$               1.30

Diluted

$               1.42

$               1.29

Weighted average shares used in computing net income per share:

Basic

35,608

36,466

Diluted

35,679

36,784

(1) Includes stock-based compensation as follows:

Cost of revenues

$             2,061

$             2,090

Research and development

4,608

5,104

Sales and marketing

4,189

3,200

General and administrative

8,482

8,426

Total stock-based compensation, net of amounts capitalized

$           19,340

$           18,820

Qualys, Inc.

CONDENSED CONSOLIDATED BALANCE SHEETS

(unaudited)

(in thousands)

March 31,
2026

December 31,
2025

Assets

Current assets:

Cash and cash equivalents

$         279,468

$         250,258

Short-term marketable securities

191,879

195,681

Accounts receivable, net

134,877

170,991

Prepaid expenses and other current assets

50,367

40,686

Total current assets

656,591

657,616

Long-term marketable securities

258,002

250,868

Property and equipment, net

21,981

23,166

Operating leases - right of use asset

46,651

46,001

Deferred tax assets, net

72,811

74,518

Intangible assets, net

3,615

4,255

Goodwill

7,447

7,447

Noncurrent restricted cash

1,200

1,200

Other noncurrent assets

26,338

30,010

Total assets

$      1,094,636

$      1,095,081

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

$             2,298

$             1,202

Accrued liabilities

55,438

57,694

Deferred revenues, current

393,800

401,127

Operating lease liabilities, current

7,622

7,315

Total current liabilities

459,158

467,338

Deferred revenues, noncurrent

15,428

16,285

Operating lease liabilities, noncurrent

44,607

44,959

Other noncurrent liabilities

5,570

5,346

Total liabilities

524,763

533,928

Stockholders' equity:

Common stock

35

36

Additional paid-in capital

741,918

731,788

Accumulated other comprehensive loss

(4,812)

(4,012)

Accumulated deficit

(167,268)

(166,659)

Total stockholders' equity

569,873

561,153

Total liabilities and stockholders' equity

$      1,094,636

$      1,095,081

Qualys, Inc.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

(in thousands)

Three Months Ended
March 31,

2026

2025

Cash flow from operating activities:

Net income

$           50,643

$           47,534

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization expense

3,043

4,177

Provision for credit losses

173

206

Impairment of property and equipment

624

—

Impairment of non-marketable securities

1,967

—

Stock-based compensation, net of amounts capitalized

19,340

18,820

Accretion of discount on marketable securities, net

(524)

(1,107)

Deferred income taxes

1,841

(4,360)

Changes in operating assets and liabilities:

Accounts receivable

35,941

42,782

Prepaid expenses and other assets

(7,520)

162

Accounts payable

834

(66)

Accrued liabilities and other noncurrent liabilities

(2,884)

8,265

Deferred revenues

(8,184)

(6,825)

Net cash provided by operating activities

95,294

109,588

Cash flow from investing activities:

Purchases of marketable securities

(78,469)

(55,525)

Sales and maturities of marketable securities

73,760

50,532

Purchases of property and equipment

(1,667)

(2,038)

Net cash used in investing activities

(6,376)

(7,031)

Cash flow from financing activities:

Repurchase of common stock

(53,509)

(39,653)

Proceeds from exercise of stock options

325

2,599

Payments for taxes related to net share settlement of equity awards

(10,375)

(10,831)

Proceeds from issuance of common stock through employee stock purchase plan

3,851

3,817

Net cash used in financing activities

(59,708)

(44,068)

Net increase in cash, cash equivalents and restricted cash

29,210

58,489

Cash, cash equivalents and restricted cash at beginning of period

251,458

233,382

Cash, cash equivalents and restricted cash at end of period

$         280,668

$         291,871

Qualys, Inc.

RECONCILIATION OF NON-GAAP DISCLOSURES

ADJUSTED EBITDA

(unaudited)

(in thousands, except percentages)

Three Months Ended
March 31,

2026

2025

Net income

$        50,643

$        47,534

Net income as a percentage of revenues

29 %

30 %

Depreciation and amortization of property and equipment

2,403

3,537

Amortization of intangible assets

640

640

Income tax provision

14,347

10,773

Stock-based compensation

19,340

18,820

Total other income, net

(4,105)

(6,552)

Adjusted EBITDA

$        83,268

$        74,752

Adjusted EBITDA as a percentage of revenues

47 %

47 %

Qualys, Inc.

RECONCILIATION OF NON-GAAP DISCLOSURES

(unaudited)

(in thousands, except per share data)

Three Months Ended
March 31,

2026

2025

GAAP Cost of revenues

$           29,990

$           28,926

Less: Stock-based compensation

(2,061)

(2,090)

Less: Amortization of intangible assets

(640)

(640)

Non-GAAP Cost of revenues

$           27,289

$           26,196

GAAP Gross profit

$         145,648

$         130,973

Plus: Stock-based compensation

2,061

2,090

Plus: Amortization of intangible assets

640

640

Non-GAAP Gross Profit

$         148,349

$         133,703

GAAP Research and development

$           29,020

$           29,154

Less: Stock-based compensation

(4,608)

(5,104)

Non-GAAP Research and development

$           24,412

$           24,050

GAAP Sales and marketing

$           38,760

$           32,660

Less: Stock-based compensation

(4,189)

(3,200)

Non-GAAP Sales and marketing

$           34,571

$           29,460

GAAP General and administrative

$           16,983

$           17,404

Less: Stock-based compensation

(8,482)

(8,426)

Non-GAAP General and administrative

$             8,501

$             8,978

GAAP Operating expenses

$           84,763

$           79,218

Less: Stock-based compensation

(17,279)

(16,730)

Non-GAAP Operating expenses

$           67,484

$           62,488

GAAP Income from operations

$           60,885

$           51,755

Plus: Stock-based compensation

19,340

18,820

Plus: Amortization of intangible assets

640

640

Non-GAAP Income from operations

$           80,865

$           71,215

GAAP Net income

$           50,643

$           47,534

Plus: Stock-based compensation

19,340

18,820

Plus: Amortization of intangible assets

640

640

Plus: Impairment of non-marketable securities

1,967

—

Less: Tax adjustment

(3,040)

(5,547)

Non-GAAP Net income

$           69,550

$           61,447

GAAP Net income per share:

Basic

$               1.42

$               1.30

Diluted

$               1.42

$               1.29

Non-GAAP Net income per share:

Basic

$               1.95

$               1.69

Diluted

$               1.95

$               1.67

Weighted average shares used in GAAP and non-GAAP net income per share:

Basic

35,608

36,466

Diluted

35,679

36,784

Qualys, Inc.

RECONCILIATION OF NON-GAAP DISCLOSURES

FREE CASH FLOWS

(unaudited)

(in thousands)

Three Months Ended
March 31,

2026

2025

GAAP Cash flows provided by operating activities

$           95,294

$         109,588

Less:

Purchases of property and equipment, net of proceeds from disposal

(1,667)

(2,038)

Non-GAAP Free cash flows

$           93,627

$         107,550

Qualys, Inc.

RECONCILIATION OF NON-GAAP DISCLOSURES

CALCULATED CURRENT BILLINGS

(unaudited)

(in thousands, except percentages)

Three Months Ended
March 31,

2026

2025

GAAP Revenue

$      175,638

$      159,899

GAAP Revenue growth compared to same quarter of prior year

10 %

10 %

Plus: Current deferred revenue at March 31

393,800

366,824

Less: Current deferred revenue at December 31

(401,127)

(371,457)

Non-GAAP Calculated current billings

$      168,311

$      155,266

Calculated current billings growth compared to same quarter of prior year

8 %

7 %

SOURCE Qualys, Inc.

Key Takeaways Qualys posted Q1 EPS of $1.95 and revenues of $176M, beating consensus on both.Channel partners made up 52% of revenues, with partner sales up 17% year over year.ETM/CSAM reached 11% of bookings as Qualys lifted 2026 revenue outlook to $721-$727M. Qualys, Inc. (QLYS - Free Report) delivered first-quarter 2026 earnings of $1.95 per share, up 16.8% year over year and beat the Zacks Consensus Estimate by 7.7%. Revenues rose 9.8% year over year to $176 million and surpassed the consensus mark by 1.3%.

First-quarter results reflected benefits from a favorable mix shift toward partners and continued traction in newer platform offerings, alongside steady customer spending behavior. Qualys’ net dollar expansion rate improved to 104% from 103% in the previous quarter.

Qualys’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 11.58%.

Qualys Keeps Growth Balanced With High ProfitabilityQualys’ business model continued to pair solid top-line expansion with industry-leading profitability. GAAP gross profit soared 11% year over year to $145.6 million, while GAAP gross margin improved to 83% from 82% in the year-ago quarter. GAAP operating income climbed 18% to $60.9 million, while margin expanded 300 basis points to 35%.

On a non-GAAP basis, gross profit soared 11% year over year to $148.3 million, while non-GAAP margin remained flat at 84%. Non-GAAP operating income increased 14% to $80.9 million, and non-GAAP operating margin improved 100 basis points to 46%.

Adjusted EBITDA jumped 11% year over year to $83.3 million. Adjusted EBITDA margin remained flat at 47%, underscoring continued operating leverage, even as the company invested in growth.

Qualys Leans Further on Partners and International MixThe quarter highlighted Qualys’ strategic emphasis on expanding through its partner ecosystem. Channel contribution increased to 52% of total revenues, up from 49% a year ago, with channel-partner revenues rising 17% year over year and direct revenues up 3%.

Geographically, growth remained stronger outside the United States. International revenues increased 15% year over year versus 6% domestic growth, resulting in a 55% U.S. and 45% international mix for the quarter.

Qualys’ Booking Mix Shows Broader Platform AdoptionQualys continues to push beyond core vulnerability management into a broader “risk operations” platform narrative. On a last-12-month basis through the first quarter of 2026, vulnerability management remained the largest component of total bookings at 50%, while ETM/CSAM (Enterprise TruRisk Management / CyberSecurity Asset Management) increased to 11%, and patch management represented 8%. TotalCloud accounted for 5% of bookings, with the remainder spread across other platform modules.

Management tied this evolution to its ETM strategy, emphasizing closed-loop workflows that combine exploit validation, risk quantification and remediation inside an AI-driven Risk Operations Center. The company also pointed to Agent Val (powered by TruConfirm) as a key addition intended to narrow the gap between theoretical exposure and verified exploitability.

Qualys’ Balance Sheet & Cash FlowQualys ended the quarter with $729.3 million in cash, cash equivalents and marketable securities, up from $696.8 million in the previous quarter. The company generated operating cash flow of $95.3 million and free cash flow of $93.6 million in the first quarter.

Qualys repurchased 505,000 shares worth $53.9 million during the first quarter and has repurchased a cumulative 11.2 million shares valued at $1.3 billion since the program’s inception in February 2018. At the end of the first quarter, the company had approximately $306.6 million remaining under its ongoing share repurchase authorization.

QLYS Raises 2026 Revenue Outlook and Profit ViewManagement raised its full-year 2026 revenue guidance to a range of $721-$727 million compared with the prior guidance range of $717-$725 million. It now projects non-GAAP earnings in the range of $7.44-$7.65, up from the earlier range of $7.17-$7.45. The Zacks Consensus Estimate for revenues and EPS is currently pegged at $721.5 million and $7.35, respectively.

Management also reiterated expectations for adjusted EBITDA margin in the mid-40s and free cash flow margin in the low 40s for the full year, signaling a continued balance between investing for growth and defending profitability.

For the second quarter, the company expects revenues between $177.5 million and $179.5 million, indicating year-over-year growth of 8-9%. It projects non-GAAP earnings in the range of $1.73-$1.80. The Zacks Consensus Estimate for revenues and EPS is currently pegged at $176.8 million and $1.81, respectively.

Qualys’ Zacks Rank and Stocks to ConsiderCurrently, QLYS carries a Zacks Rank #3 (Hold).

Some better-ranked stocks worth considering in the broader Zacks Computer and Technology sector are Micron Technology (MU - Free Report) , Broadcom (AVGO - Free Report) and NVIDIA (NVDA - Free Report) . Micron Technology sports a Zacks Rank #1 (Strong Buy) at present, while Broadcom and NVIDIA each carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Micron Technology’s fiscal 2026 earnings has been revised upward by a penny to $58.36 per share in the past 30 days, suggesting an increase of 604% from fiscal 2025’s reported figure. Micron Technology shares have surged 124.3% year to date (YTD).

The Zacks Consensus Estimate for Broadcom’s fiscal 2026 earnings has moved northward by 9 cents to $11.45 per share over the past 30 days and calls for a year-over-year jump of 67.9%. Broadcom shares have soared 25.8% YTD.

The Zacks Consensus Estimate for NVIDIA’s fiscal 2027 earnings has moved upward by 4 cents to $8.07 per share in the past 30 days, implying a year-over-year improvement of approximately 69.2%. NVIDIA shares have risen 5.3% YTD.

, /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, today announced that management will participate in a fireside chat and host one-on-one meetings with interested investors at the following conference:

William Blair's 46th Annual Growth Stock Conference. Sumedh Thakar, president and CEO, and Joo Mi Kim, CFO, will host one-on-one meetings and participate in a fireside chat in Chicago, Illinois on Tuesday, June 2, 2026 at 9:20am CT. At the time of the fireside chat, a live webcast will be accessible from the investor relations page of the Qualys website at https://investor.qualys.com/events-presentations. Following the event, a replay will be made available at the same location.

About Qualys

Qualys, Inc. (NASDAQ: QLYS) is a pioneer and leading provider of disruptive cloud-based Security, Compliance and IT solutions with more than 10,000 subscription customers worldwide, including a majority of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and automate their security and compliance solutions onto a single platform for greater agility, better business outcomes, and substantial cost savings.

The Qualys Enterprise TruRisk Platform leverages a single agent to continuously deliver critical security intelligence while enabling enterprises to automate the full spectrum of vulnerability detection, compliance, and protection for IT systems, workloads and web applications across on premises, endpoints, servers, public and private clouds, containers, and mobile devices. Founded in 1999 as one of the first SaaS security companies, Qualys has strategic partnerships and seamlessly integrates its vulnerability management capabilities into security offerings from cloud service providers, including Amazon Web Services, the Google Cloud Platform and Microsoft Azure, along with a number of leading managed service providers and global consulting organizations. For more information, please visit www.qualys.com. 

Qualys, Qualys VMDR® and the Qualys logo are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.

Investor Contact

Blair King
Senior Vice President, Investor Relations and Financial Planning & Analysis
(650) 538-2088
[email protected]

SOURCE Qualys, Inc.

Achievement reaffirms Qualys' commitment to delivering trusted, best-in-class security solutions for federal agencies and highly regulated industries

, /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a leading provider of cloud-based IT, security and compliance solutions, today announced that its TotalCloud solution has achieved FedRAMP High Authorization, sponsored by the U.S. Drug Enforcement Agency (DEA). This milestone extends the FedRAMP High status of the Qualys Government Platform to include Cloud-Native Application Protection Platform (CNAPP). Qualys TotalCloud is now listed on the FedRAMP Marketplace, enabling federal agencies, suppliers, and highly regulated industries to leverage its comprehensive cloud security capabilities.

The FedRAMP High Authorization represents the most stringent level of compliance within the Federal Risk and Authorization Management Program (FedRAMP). It aligns with NIST SP 800-53 High Impact controls, ensuring the platform meets the rigorous security requirements for handling the government's most sensitive unclassified data.

Unified Cloud Security for Federal Agencies
Now part of the Qualys Government Platform, TotalCloud provides federal agencies and commercial suppliers with a unified approach to cloud-native security. The platform integrates risk-based prioritization from code to cloud, compliance monitoring, runtime/threat detection, full attack surface discovery, and cloud-native application protection into a single, scalable platform. This comprehensive solution helps organizations accelerate compliance, reduce cyber risk, and streamline security operations.

"In a world where AI-driven threats are shrinking the time to exploit, achieving FedRAMP High Authorization for TotalCloud underscores Qualys' commitment to mission velocity, aligning with the government's Cloud Smart strategy, so our cyber defenders can gain the upper hand," said Sumedh Thakar, president and CEO of Qualys. "Adding this milestone for CNAAP ensures agencies can modernize with confidence, securing their most sensitive workloads, while meeting the highest federal standards for trust and resilience."

Benefits for Federal Agencies and Regulated Industries
Federal agencies, contractors, and organizations aligned to NIST SP 800-53 can leverage Qualys TotalCloud's FedRAMP High Authorization to reduce operational risk and accelerate compliance. TotalCloud supports organizations that need visibility and control over cloud workloads, assuring the posture and risk management of those systems. Through inheritance of pre-validated controls within a shared responsibility model, organizations can streamline their ATO processes, minimize audit complexity, and gain faster access to highly regulated federal environments.

Availability
TotalCloud is now available as part of the Qualys Government Platform on the FedRAMP Marketplace. To learn more, visit qualys.com/fedramp-marketplace or request a demo at qualys.com/gov.

Additional Resources

Read our blog post, "Qualys TotalCloud Achieves FedRAMP High Authorization for Cloud Security and Compliance Assurance" Request a demo of the Qualys Government Platform at qualys.com/gov. Register for the webinar, "FedRAMP and NIST Cloud Security and Compliance Requirements" Follow Qualys on LinkedIn, Instagram and X About Qualys
Qualys, Inc. (NASDAQ: QLYS) is a leading provider of cloud-based security, compliance and IT solutions with more than 10,000 subscription customers worldwide, including a majority of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and automate their security and compliance solutions onto a single platform for greater agility, better business outcomes, and substantial cost savings.

The Qualys Enterprise TruRisk Platform leverages a single agent to continuously deliver critical security intelligence while enabling enterprises to automate the full spectrum of vulnerability detection, compliance, and protection for IT systems, workloads and web applications across on premises, endpoints, servers, public and private clouds, containers, and mobile devices. Founded in 1999 as one of the first SaaS security companies, Qualys has strategic partnerships and seamlessly integrates its vulnerability management capabilities into security offerings from cloud service providers, including Oracle Cloud Infrastructure, Amazon Web Services, the Google Cloud Platform and Microsoft Azure, along with a number of leading managed service providers and global consulting organizations. For more information, please visit http://www.qualys.com.

Qualys, Qualys VMDR®, Qualys TruRisk and the Qualys logo are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies. 

Media Contact:   
Rachel Yap Winship 
Qualys
[email protected]

SOURCE Qualys, Inc.

Investors in Qualys, Inc. (QLYS - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 18, 2026 $200 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Qualys shares, but what is the fundamental picture for the company? Currently, Qualys is a Zacks Rank #3 (Hold) in the Security industry that ranks in the Bottom 37% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while five analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.81 per share to $1.78 in that period.

Given the way analysts feel about Qualys right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

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What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

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To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Qualys (QLYS - Free Report) Qualys Inc. has been a leading force in offering information security solutions. Qualys' suite of IT, security and compliance solutions spans diverse applications, including asset management, IT security, cloud-native security, web application security and compliance. At its core is the Qualys Cloud Platform, an end-to-end security solution delivering continuous visibility to thwart cyber threats effectively.

QLYS is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

Momentum investors should take note of this Computer and Technology stock. QLYS has a Momentum Style Score of B, and shares are up 15.5% over the past four weeks.

For fiscal 2026, 10 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.22 to $7.57 per share. QLYS boasts an average earnings surprise of +11.6%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, QLYS should be on investors' short list.

A month has gone by since the last earnings report for Qualys (QLYS - Free Report) . Shares have added about 22.9% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Qualys due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for Qualys, Inc. before we dive into how investors and analysts have reacted as of late.

Qualys Q1 Earnings Beat Estimates on Channel Strength and ETM UptakeQualys delivered first-quarter 2026 earnings of $1.95 per share, which increased 16.8% year over year and beat the Zacks Consensus Estimate by 7.7%. Revenues rose 9.8% year over year to $176 million and surpassed the consensus mark by 1.3%.

First-quarter results reflected benefits from a favorable mix shift toward partners and continued traction in newer platform offerings, alongside steady customer spending behavior. Qualys’ net dollar expansion rate improved to 104% from 103% in the previous quarter.

Qualys’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 11.58%.

Qualys Keeps Growth Balanced With High ProfitabilityQualys’ business model continued to pair solid top-line expansion with industry-leading profitability.

On a non-GAAP basis, gross profit soared 11% year over year to $148.3 million, while non-GAAP margin remained flat at 84%. Non-GAAP operating income increased 14% to $80.9 million, and non-GAAP operating margin improved 100 basis points to 46%.

Adjusted EBITDA jumped 11% year over year to $83.3 million. Adjusted EBITDA margin remained flat at 47%, underscoring continued operating leverage, even as the company invested in growth.

Qualys Leans Further on Partners and International MixThe quarter highlighted Qualys’ strategic emphasis on expanding through its partner ecosystem. Channel contribution increased to 52% of total revenues, up from 49% a year ago, with channel-partner revenues rising 17% year over year and direct revenues up 3%.

Geographically, growth remained stronger outside the United States. International revenues increased 15% year over year versus 6% domestic growth, resulting in a 55% U.S. and 45% international mix for the quarter.

Qualys’ Booking Mix Shows Broader Platform AdoptionQualys continues to push beyond core vulnerability management into a broader “risk operations” platform narrative. On a last-12-month basis through the first quarter of 2026, vulnerability management remained the largest component of total bookings at 50%, while ETM/CSAM (Enterprise TruRisk Management / CyberSecurity Asset Management) increased to 11%, and patch management represented 8%. TotalCloud accounted for 5% of bookings, with the remainder spread across other platform modules.

Management tied this evolution to its ETM strategy, emphasizing closed-loop workflows that combine exploit validation, risk quantification and remediation inside an AI-driven Risk Operations Center. The company also pointed to Agent Val (powered by TruConfirm) as a key addition intended to narrow the gap between theoretical exposure and verified exploitability.

Qualys’ Balance Sheet & Cash FlowQualys ended the quarter with $729.3 million in cash, cash equivalents and marketable securities, up from $696.8 million in the previous quarter. The company generated operating cash flow of $95.3 million and free cash flow of $93.6 million in the first quarter.

Qualys repurchased 505,000 shares worth $53.9 million during the first quarter and has repurchased a cumulative 11.2 million shares valued at $1.3 billion since the program’s inception in February 2018. At the end of the first quarter, the company had approximately $306.6 million remaining under its ongoing share repurchase authorization.

QLYS Raises 2026 Revenue Outlook and Profit ViewManagement raised its full-year 2026 revenue guidance to a range of $721-$727 million compared with the prior guidance range of $717-$725 million. It now projects non-GAAP earnings in the range of $7.44-$7.65, up from the earlier range of $7.17-$7.45.

Management also reiterated expectations for adjusted EBITDA margin in the mid-40s and free cash flow margin in the low 40s for the full year, signaling a continued balance between investing for growth and defending profitability.

For the second quarter, the company expects revenues between $177.5 million and $179.5 million, indicating year-over-year growth of 8-9%. It projects non-GAAP earnings in the range of $1.73-$1.80.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates review.

VGM ScoresAt this time, Qualys has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Qualys has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerQualys is part of the Zacks Security industry. Over the past month, Varonis Systems (VRNS - Free Report) , a stock from the same industry, has gained 21.4%. The company reported its results for the quarter ended March 2026 more than a month ago.

Varonis reported revenues of $173.13 million in the last reported quarter, representing a year-over-year change of +26.9%. EPS of $0.06 for the same period compares with $0.00 a year ago.

Varonis is expected to post earnings of $0.01 per share for the current quarter, representing a year-over-year change of -66.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +1%.

Varonis has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D.

BETHESDA, Md., May 18, 2026 /PRNewswire/ -- Marriott International, Inc.'s (Nasdaq: MAR) Executive Vice President and Chief Financial Officer, Jennifer Mason, will speak at the Morgan Stanley Travel & Leisure Conference, to be held on Monday, June 1, in New York City.

Achieved in under six months, the brand's remarkable trajectory signals owner confidence and growing demand in the region for quality, trusted accommodation across market segments.

, /PRNewswire/ -- Marriott International, Inc. today announced landmark dual milestones for The Fern Hotels & Resorts, Series by Marriott in India - 75 hotels have now been signed under the brand's founding collaboration with Concept Hospitality Private Limited (CHPL), while 50 of those properties are already open and welcoming guests - bringing over 3,556 rooms into Marriott's portfolio in India. Accomplished in under six months since the brand's debut in November 2025, this pace of growth stands as one of the most compelling chapters in Marriott's regional expansion story and firmly establishes India as the defining foundation for Series by Marriott's global growth.

The Fern Vishranta Resort Kamrej-Surat, Series by Marriott "When we launched Series by Marriott in India last November, we spoke of a brand designed to scale with both speed and purpose," said Kiran Andicot, Senior Vice President, South Asia, Marriott International. "Reaching 75 signings, with 50 open and operating hotels across the country, in under six months is a validation of that vision. India is not simply a launchpad for this brand; it is proof of concept. As we expand our footprint, we remain focused on delivering consistent, quality experiences for guests, while offering owners an efficient, conversion-friendly model, backed by the strength of Marriott Bonvoy and our distribution ecosystem."

With the founding deal for Series by Marriott's global debut, Concept Hospitality and The Fern Hotels & Resorts brought to the table a distinctive combination of regional authenticity, and a commitment to sustainable hospitality, spanning the breadth of the subcontinent. Together, the resulting Series by Marriott portfolio now spans 43 cities in India across Tier 1, 2 and 3 markets, reflecting both depth of presence and strong geographic balance across the country.

"Reaching 75 signed hotels is a milestone we are genuinely proud of, but the more meaningful story is the hotels that are already open - already welcoming guests, earning loyalty, and delivering on the promise we made when this association began," said Suhail Kannampilly, Managing Director, Concept Hospitality. "The alignment between The Fern's heritage of thoughtful, regionally rooted hospitality and Marriott International's global standards and distribution has resonated powerfully with owners and travelers alike. Between our commitment to sustainable hospitality, the industry's growing appetite for quality development, and Marriott's unmatched systems and loyalty reach, we are tracking well ahead of our plans - and we are only just beginning."

Series by Marriott is a regionally created, globally connected collection brand that brings together locally recognized hotel groups under the trusted umbrella of Marriott Bonvoy. Designed for the 'global domestic' traveler - guests who seek the comfort and reliability of a world-class brand alongside genuine, place-specific experiences - the brand is defined by the well-executed fundamentals that matter most: comfortable rooms, reliable service, dependable Wi-Fi, and a sense of arrival that feels unmistakably local.

Each property tells its own story, shaped by the character of the region and the people it serves. From a heritage hotel in Rajasthan to a business hotel in a thriving Tier 2 city, every Series by Marriott hotel delivers the consistent quality guests trust while celebrating the distinctive spirit of its destination. Select properties also offer access to breakfast, fitness centers, and meetings and events spaces - making the brand equally suited to the leisure explorer and the discerning business traveler.

The brand now holds a presence in key cities, tier two markets as well as popular resort destinations with openings such as The Fern Mumbai, Goregaon, Series by Marriott; The Fern Jaipur, Series by Marriott; The Fern Habitat Goa, Candolim, Series by Marriott; Rakabi The Fern Igatpuri, Series by Marriott and The Fern Residency Bengaluru, Seshadripuram, Series by Marriott, to name a few.

Guests at The Fern Hotels & Resorts, Series by Marriott can expect a thoughtfully curated set of signature experiences, including:

Grab & Go Breakfast - a packed breakfast box available for guests with early-morning departures, ensuring every journey begins with energy and ease. Single Lady Traveller Recognition - a curated suite of amenities placed in-room prior to arrival, designed to make solo female guests feel seen, safe, and specially welcomed. Evening Delight - a turndown service featuring local chocolates or regional treats alongside a personalized goodnight message. Lamp Lighting Ceremony - a tranquil dusk ritual that honors the rhythm of nature and invites guests to pause, breathe, and unwind. Healthy Sleep - soaked almonds and raisins with cumin-infused water placed bedside each evening, a nod to ancient Indian wellness traditions. All properties under The Fern Hotels & Resorts, Series by Marriott, participate in Marriott Bonvoy®, the award-winning travel program from Marriott International – allowing members to earn points for their stay at the hotels, and at other hotels and resorts across Marriott Bonvoy's portfolio of extraordinary hotel brands. With the Marriott Bonvoy app, members enjoy a level of personalization and a contactless experience that allows them to travel with peace of mind.

For further details and reservations, please visit the website here. Download images here.

ABOUT SERIES BY MARRIOTT
Series by Marriott® is a collection brand that brings together established, regionally recognized hotel brands into one thoughtfully curated portfolio - designed for travelers who want comfort, value, and a sense of place. Each property tells its own local story reflecting the character of the region and the people it serves, while delivering a simple, approachable experience focused on well‑executed fundamentals. Designed to offer quality and value in the right locations at the right price, Series by Marriott hotels provide comfortable rooms, free Wi‑Fi, daily coffee or tea, and access to breakfast, fitness centers, and meetings and event spaces at select properties. Wherever travelers find a Series by Marriott hotel, they can count on the basics done well - consistently and with care. Guests can enjoy the local character of Series by Marriott hotels with the benefits of Marriott Bonvoy®, Marriott International's global travel program offering members an extraordinary portfolio of brands, exclusive experiences through Marriott Bonvoy Moments, and unmatched benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com.  

ABOUT MARRIOTT INTERNATIONAL
Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of compelling brands across luxury, premium, select, midscale, extended stay, and all-inclusive, with over 9,900 properties in 146 countries and territories, as of March 31, 2026. Marriott franchises, operates, and licenses hotel, residential, timeshare, yacht, outdoor, and other lodging products all around the world. The company offers Marriott Bonvoy®, its highly awarded travel platform. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

SOURCE Marriott International, Inc.

Peachtree Group-Developed Hotel Highlights Continued Expansion of Firm’s EB-5 Platform and Hospitality Capabilities

ATLANTA--(BUSINESS WIRE)--Peachtree Group announced the grand opening of the TownePlace Suites by Marriott Palmdale in California. The 220-room hotel, located at 39330 Trade Center Dr., was developed by Peachtree Group and will be operated by the firm’s hospitality management division.

Peachtree Group announced the grand opening of the TownePlace Suites by Marriott Palmdale in California.

Share “The TownePlace Suites by Marriott Palmdale is well positioned to serve the growing aerospace, defense and extended-stay demand throughout the Antelope Valley market,” said Vickie Callahan, president, hospitality management, Peachtree Group. “This opening represents the culmination of a long development journey that required tremendous persistence, collaboration and commitment across many teams. We are grateful to our development, pre-opening, revenue generation and operations teams for successfully bringing this project across the finish line.”

Located in the Antelope Valley, the all-suite hotel benefits from proximity to major aerospace and defense demand generators, including U.S. Air Force Plant 42, Edwards Air Force Base and Lockheed Martin operations in the region. The property is also near local attractions, including DryTown Water Park.

Guests will enjoy spacious accommodations with fully equipped kitchens, complimentary Wi-Fi and ergonomic workspaces designed for extended-stay travelers, business guests, relocating families, vacationers and youth sports visitors. Hotel amenities include complimentary hot breakfast, a 24-hour fitness center, outdoor pool, pet-friendly suites, free parking and Marriott Bonvoy digital check-in.

The TownePlace Suites by Marriott Palmdale was one of Peachtree Group’s early EB-5 developments and previously received I-956F approval from U.S. Citizenship and Immigration Services (USCIS), supporting the project as a job-creating investment within the community.

“Palmdale shows what becomes possible when development expertise, hospitality operations and flexible capital solutions such as EB-5 investments come together,” said Greg Friedman, managing principal and CEO, Peachtree Group. “The project demonstrates how we can align those capabilities around investments designed to create value while supporting job creation and local economic activity.”

The EB-5 visa program allows foreign investors to obtain a green card in exchange for making a significant investment in a new commercial enterprise that creates jobs in the U.S. Under the program, foreign nationals who invest a minimum of $800,000 in a U.S.-based project that creates or preserves at least 10 full-time jobs for U.S. workers are eligible to apply for permanent residency.

“Palmdale was one of the early projects that helped establish our EB-5 platform and demonstrates how the strategy has evolved,” said Adam Greene, EVP of EB-5 at Peachtree Group. “The successful opening reinforces the role EB-5 can play in supporting hospitality development, creating jobs and expanding investment opportunities across growing markets.”

The TownePlace Suites by Marriott Palmdale was one of Peachtree’s early EB-5 developments and highlights the firm’s ability to combine alternative capital solutions with hospitality development expertise to advance projects nationwide.

Peachtree Group’s hospitality management division operates premium-branded hotels across the upper-midscale and upscale segments, including limited-service, select-service and compact full-service properties. The division manages 111 hotels across 30 brands nationwide.

About Peachtree Group

Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit www.peachtreegroup.com.

Marriott International, Inc. (MAR) Presents at 4th Annual Morgan Stanley Travel & Leisure Conference Transcript

2 tech stocks insisting the hospitality industry is still strongAgilysys NASDAQ: AGYS President and CEO Ramesh Srinivasan said the hospitality software provider is entering a new phase of growth after years of rebuilding its product portfolio, with subscription revenue, property management systems and artificial intelligence features expected to drive the business.

Speaking at a William Blair conference session hosted by research analyst Stephen Sheldon, Srinivasan described Agilysys as a company that has effectively recreated itself since 2017, when it began modernizing its hospitality-focused software suite. He said the company, which ended its latest fiscal year with about $319 million in annual revenue, has guided for $365 million to $370 million in revenue for the current fiscal year.

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“Think of us as a $365 million-$370 million annual revenue startup that is about four years old,” Srinivasan said, referring to the age of the company’s current cloud-native product set.

Subscription Revenue Remains the Growth Engine Srinivasan said Agilysys has now posted 17 consecutive quarters of sequential record revenue and has grown subscription revenue year over year by at least 23% for 18 consecutive quarters. He said subscription revenue has doubled over the past two and a half years, while total revenue has doubled and subscription revenue has tripled over the past four years.

The company expects at least 30% subscription revenue growth in the current fiscal year, which Srinivasan said would mark the third consecutive year of subscription growth above that level. He said about two-thirds of total revenue is now recurring, including subscription revenue and annual maintenance, and that Agilysys is approaching a point where more than half of revenue will come from subscriptions.

Agilysys’ point-of-sale business still accounts for more than 50% of total revenue, but Srinivasan said the company’s property management system, or PMS, segment is its fastest-growing area. He said PMS recurring revenue is expected to exceed POS recurring revenue for the first time this fiscal year.

Marriott Rollout Highlights PMS Momentum Srinivasan pointed to Marriott as the company’s largest historical win, saying the hotel operator selected Agilysys in December 2022 for thousands of properties after the company was not initially part of the request-for-proposal process. According to Srinivasan, Marriott called Agilysys after reviewing other products and asked to see the company’s PMS offering.

“The single biggest deal we have ever won in our company’s history was an incoming 800 call from a small company called Marriott,” Srinivasan said.

He said more than 1,000 Marriott properties are already live on the system, citing Marriott’s own recent earnings call.

Agilysys serves several hospitality verticals, including casino gaming, managed food service, hotels, cruise ships and multi-unit restaurants. Srinivasan said more than 50% of Agilysys revenue comes from casino gaming. He also said international revenue represents only about 9% of the business, which he described as both a limitation and a growth opportunity, particularly in APAC and EMEA.

Product Ecosystem Is Central to Strategy Srinivasan emphasized that Agilysys is focused entirely on hospitality software, including POS, PMS, inventory procurement for food and beverage and related modules. He said about two-thirds of the company is in research and development and that the company’s main advantage is an integrated product ecosystem built around POS and PMS.

He said Agilysys customers use an average of 2.3 products per property, while eight or nine modules may apply to a typical property. That creates additional selling opportunities within the existing customer base, he said.

The company’s product ecosystem includes modules for mobile ordering, kiosks, handheld server devices, web booking, service optimization, sales and catering, golf, spa, loyalty and promotions. Srinivasan said the integrated approach helps customers reduce the number of vendors they rely on and accelerate innovation across amenities.

AI Features Added With Guardrails Srinivasan said Agilysys is introducing more than 35 AI features before the end of July, with many already in place. He grouped the features into four categories: hyper-personalization, multimodal user experience, agentic AI and revenue intelligence.

He said the company’s AI work builds on an “intelligent guest profile” that can connect data across multiple resort amenities, allowing employees in areas such as front desk, golf, spa or dining to receive AI-generated guest insights. He gave the example of staff seeing a short AI-generated summary that may include a guest’s prior stay history, preferences or service issues.

Srinivasan said Agilysys has put governance controls around AI usage, including limits on development and cloud costs, and said the company will not train large language models using customer data. He also cited the need to protect personally identifiable information and comply with GDPR in Europe.

“We are not going to use AI as a crutch to report lowering of profitability,” Srinivasan said, adding that both gross margin and operating margin are expected to improve this year with increased use of AI.

Profitability Targets Move Higher Srinivasan said Agilysys expects adjusted EBITDA margin of 24% for the current fiscal year, up from 21% previously. He said the company expects first-quarter profitability to be lower, around 16%, due to costs including its April user conference and annual expenses, but expects profitability to rise through the year and approach 30% in the fourth quarter.

He said the company’s rebuilding phase has largely been completed and that operating leverage is beginning to take hold.

“Now we have all the products created. Now we have to behave like a good enterprise software company,” Srinivasan said.

During a brief question-and-answer session, Sheldon asked about customer conversations at Agilysys’ Inspire user conference. Srinivasan said hospitality operators are seeking innovation, better guest satisfaction, fewer integration challenges and more efficient operations, particularly as they evaluate AI-enabled features.

“They are looking to modernize,” Srinivasan said. “More than anything else, they are looking for better guest satisfaction.”

About Agilysys NASDAQ: AGYSAgilysys, Inc is a publicly traded technology company NASDAQ: AGYS that specializes in providing software and services to the hospitality industry. The company's solutions span property management, point-of-sale, inventory and procurement, workforce management, analytics and mobile guest engagement. These offerings are designed to streamline hotel and resort operations, enhance guest experiences and improve financial performance for clients across the lodging, gaming, cruise, senior living and higher-education markets.

Agilysys delivers its portfolio through both cloud-based and on-premises deployments, enabling hoteliers and hospitality operators to select the infrastructure model that best aligns with their operational requirements and IT strategies.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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, /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) today announced it has entered into a joint venture with the Leali family, founders of Lefay, to bring the highly regarded luxury wellness hospitality brand into Marriott's global portfolio. The closing of the transaction marks an important step in Marriott's strategy to expand its focus on wellbeing and introduces Lefay as the company's first brand focused exclusively on luxury wellness.

Lefay Resort & SPA Dolomiti Indoor Outdoor Pool Founded in Italy in 2006 by Domenico Alcide and Liliana Leali, Lefay is known for its immersive resorts in natural settings and its proprietary Lefay SPA Method, which blends scientific research with holistic wellness traditions. The brand's philosophy centers on transformative spaces, serenity, and sustainability and aims to redefine modern luxury through wellbeing and authenticity. Lefay properties emphasize architectural harmony with natural environment, expansive indoor-outdoor spaces, sustainable materials, and wellness programs that integrate movement, nutrition, and preventative health expertise. Guests may choose from à‑la‑carte treatments or structured multi day wellness programs, all rooted in Lefay's holistic and science-backed philosophy.

The current portfolio includes two award-winning properties in Lago di Garda and the Dolomites, with additional resorts under development in Tuscany, Southern Italy, and the Swiss Alps.

The joint venture owns the Lefay brand and intellectual property assets and the Italian real estate assets continue to be owned by the brand's founders. The properties will operate under long‑term management agreements with the joint venture. Marriott will support the brand's growth through its global development, sales, marketing, and distribution platforms, while preserving Lefay's unique brand identity and approach to wellness.

Lefay properties will be available through Marriott's digital platforms and participate in the company's award-winning Marriott Bonvoy ® loyalty program, with integration expected to be completed in late 2026.

ABOUT MARRIOTT INTERNATIONAL

Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of compelling brands across luxury, premium, select, midscale, extended stay, and all-inclusive, with over 9,900 properties in 146 countries and territories, as of March 31, 2026. Marriott franchises, operates, and licenses hotel, residential, timeshare, yacht, outdoor, and other lodging products all around the world. The company offers Marriott Bonvoy®, its highly awarded travel platform. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.  In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

IRPR#1

SOURCE Marriott International, Inc.

Key Takeaways PEJ may gain as leisure & hospitality added 70K jobs, far above the yearly average.XLV stays attractive as healthcare added 35K jobs, led by ambulatory care services.XLE and XOM are in focus as mining and energy employment continued to expand. Nonfarm payrolls jumped a seasonally adjusted 172,000 in May, down slightly from the upwardly revised 179,000 in April and way higher than the Dow Jones consensus estimate for 80,000, as quoted on CNBC.

The unemployment rate held steady at 4.3%, as expected. Average hourly earnings rose 0.3% for the month and were up 3.4% over the past year, both in line with the Wall Street consensus, as reported by CNBC.

Winning Sector ETFs in FocusLeisure and HospitalityEmployment in this sector added 70,000 jobs in May, way higher than the average monthly gain of 14,000 over the past one year. Over the month, food services and drinking places added 48,000 jobs.

Invesco Leisure and Entertainment ETF (PEJ) can thus be considered for a play. Marriott International (MAR - Free Report) , a Zacks Rank #3 stock, is a leading hospitality company focused on hotel management, franchising and licensing.

Health CareHealth care employment has been an area of strength. Health care added 35,000 jobs in May, in line with the average monthly gain of 38,000 over the past one year. Over the month, ambulatory health care services added 26,000 jobs, including a gain of 11,000 in home health care services. Employment continued to trend up in hospitals (+6,000). 

Zacks Rank #1 (Strong Buy) Health Care Select Sector SPDR ETF (XLV - Free Report) can be played to tap the moderate momentum. The fund has 37% exposure to the pharma industry, followed by 18.8% exposure to the health care equipment & supplies, about 18.4% focus on biotechnology, 16.65% exposure to the healthcare providers & services industry, and 8.8% focus on the life sciences tools & services.

HCA Healthcare (HCA - Free Report) , which has a Zacks Rank #3 (Hold), deserves a mention. It is the largest non-governmental operator of acute care hospitals in the United States. The company has a trailing four-quarter earnings surprise of 10.56%, on average.

Mining & Oil and Gas ExtractionEmployment in mining, quarrying, and oil and gas extraction increased by 5,000 in May and is up by 10,000 since February. The data put focus Zacks Rank #1 State Street Energy Select Sector SPDR ETF (XLE - Free Report) and Zacks Rank #3 Exxon Mobil (XOM - Free Report) . Exxon is one of the world's largest publicly traded international oil, natural gas, and petrochemical companies.

Key Facts

Marriott International opened its 10,000th property globally, the JW Marriott Ranthambore Resort & Spa in India, marking a historic milestone as the company approaches its 100th anniversary. The JW Marriott Ranthambore Resort & Spa features 127 accommodations, including private villas, and is located near Ranthambore National Park. Marriott's leading luxury portfolio comprises nearly 700 properties across 74 countries and territories, with the JW Marriott brand surpassing 130 properties globally. , /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR, "Marriott") today announced the opening of its 10,000th property globally, the JW Marriott Ranthambore Resort & Spa, marking a historic milestone for the company as it approaches its 100th anniversary.

JW Marriott Ranthambore Resort & Spa "Marriott was founded 99 years ago as a nine‑seat root beer stand, and as of today, has grown into a global portfolio of 10,000 properties spanning 146 countries and territories.  I'm immensely proud of this tremendous milestone, made possible by our global teams and the owners who continue to place their trust in Marriott brands," said Marriott International President and CEO Anthony Capuano. "Marking this accomplishment with a property carrying the JW Marriott brand is especially meaningful given its naming after our co-founder, J. Willard Marriott. He and Alice S. Marriott built an incredible legacy of opportunity, service, and innovation that we're privileged to carry forward."

The JW Marriott Ranthambore celebrated the opening with associates and company leaders, including David Marriott, Chairman of the Board, and Rajeev Menon, President, Asia Pacific excluding China (APEC), along with the resort's owner Nilesh Gadhiya and the Gadhiya family.

Situated a short drive from Ranthambore National Park, the resort offers an immersive luxury retreat with 127 thoughtfully designed accommodations, including private villas, guestrooms, and suites. On property, guests can reconnect with nature and experience elevated dining through a range of diverse dining experiences, from modern Indian cuisine and regional specialties to locally inspired botanical cocktails.

With the JW Marriott brand portfolio now comprising over 130 properties globally, this opening strengthens the company's unrivaled luxury portfolio, which spans seven brands representing nearly 700 properties in 74 countries and territories, offering guests transformative experiences in the world's most sought-after destinations.  

As Marriott continues striving to meet the evolving needs of every traveler and trip purpose, the company has recently celebrated several exciting openings, spanning midscale to luxury, including:

The St. Regis Budapest opened in April and marked the brand's debut in Hungary. Set within the iconic Klotild Palace, one of the city's most renowned architectural landmarks, the property introduced the brand's timeless sophistication, signature rituals and anticipatory service to Budapest's most distinguished address. The Westin Playa Vallarta, an All-Inclusive Resort officially opened as Westin's first all-inclusive property in Mexico. Located along the shores of Banderas Bay, the resort introduces a refined, experience-driven interpretation of stress-free, all-inclusive travel.   Artik Suzhou, Apartments by Marriott Bonvoy opened earlier this year, marking the brand's debut in Greater China. Located in the heart of the historic city of Suzhou, the property blends contemporary design with the refined elegance of Suzhou's centuries-old cultural heritage. StudioRes by Marriott Greensboro Airport officially opened its doors in May, about a year after signing. The new-build property was developed using modular construction and joined one of the company's newest brand portfolios, catering to extended-stay guests. ABOUT MARRIOTT INTERNATIONAL 
Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of compelling brands across luxury, premium, select, midscale, extended stay, and all-inclusive, with 10,000 properties in 146 countries and territories, as of June 11, 2026. Marriott franchises, operates, and licenses hotel, residential, timeshare, yacht, outdoor, and other lodging products all around the world. The company offers Marriott Bonvoy®, its highly awarded travel platform. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com.  In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

SOURCE Marriott International, Inc.

Atlanta, Georgia--(Newsfile Corp. - June 1, 2026) - For the first time in Georgia, two pioneers at the intersection of consciousness and energy technology will share the stage in a groundbreaking event, June 11, 2026. Dannion Brinkley, bestselling author of "Saved by the Light" whose books have sold millions of copies worldwide, joins Dr. Sandra Rose Michael, inventor of the Energy Enhancement System™ (EESystem™), to explore what happens when human experience meets scientific innovation.

Figure 1- Energy Enhancement Logo

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11143/299652_77c7f523144f2a45_001full.jpg

The event marks a significant moment for Metro Atlanta's growing consciousness and holistic health community, as it represents the first time an EESystem™ center owner has booked a conference hall to accommodate 300 attendees-signaling the technology's expanding reach beyond clinical settings into mainstream wellness conversations.

"People are quietly seeking something different - relief, clarity, and a deeper understanding of energy and healing," said Alison Planche, owner of Positive Energy Center and event organizer. "It is also a rare opportunity to establish connection with like-minded people who also claim their personal sovereignty." Linda Pitsoulis, owner of EESystem™ Atlanta, added, "This event goes beyond typical lectures on technology or personal survival stories. It's in support of preventative consciousness work - transformation before crisis." Pitsoulis goes on to say, "The idea is to not wait till we're close to death for a life review. The EESystem™ creates space for reflection and recalibration while we're alive, so we can approach living our lives by design rather than by default."

What Makes This Event Unique

Dannion Brinkley's 1975 near-death experience, during which he was struck by lightning and declared clinically dead for 28 minutes, included prophetic visions that have since come to fruition. Among them: a vision of a "light system" that would help humanity heal. Thirty years ago, he met Dr. Sandra Michael-and the EESystem™ she created aligns with that vision. Now, they travel together sharing the marriage of mystical foresight and quantum technology.
The EESystem™ uses scalar energy fields to create an environment where the body's innate intelligence determines what frequencies it needs for optimization. Unlike practitioner-controlled frequency machines, this holistic technology trusts the body's wisdom - a philosophy that mirrors Brinkley's core message about human sovereignty and consciousness.

Event Details

CONVERSATIONS THAT MATTER w/Dannion Brinkley and Dr. Sandra Rose Michael
Where Experience Meets Science - What does Near-Death Experience have to do with Energy Healing?

Conference Presentation - June 11, 2026

Time: 6:30pm - 8:30pm (Doors open 5:45 PM)
Location: Forsyth Conference Center, 3410 Ronald Regan Blvd, Cumming, GA 30041
Capacity: 300 attendees
Experience: Interactive presentation featuring slide presentation, live dialogue between speakers, and Q&A
Investment: $45 (conference only/Includes Gift of 2hr complimentary session at Georgia based center of choice) or $80 (VIP Meet & Greet 6/10 + conference+Gift)

About Dannion Brinkley

Dannion Brinkley is a bestselling author whose books, including "Saved by the Light," "At Peace in the Light," and "Secrets of the Light," have been translated into multiple languages and sold millions of copies worldwide. He is a pioneering advocate for hospice care and helped establish the foundation for the VA hospice program. His near-death experiences and subsequent work focus on consciousness, personal responsibility, and the interconnectedness of all beings.

About Dr. Sandra Rose Michael

Dr. Sandra Rose Michael is the inventor of the Energy Enhancement System™ (EESystem™), a groundbreaking scalar energy technology installed in centers worldwide, from the United States to Dubai and beyond. The system combines biophoton technology, quantum mechanics, and scalar energy to create an optimized environment for consciousness expansion.

About Energy Enhancement Centers™

EESystem™ Centers provide 2-3+ hour scalar energy sessions in comfortable environments designed to support the body's natural healing intelligence. Services are provided to individuals as group experiences for anyone seeking physical healing, mental clarity, and consciousness expansion. The centers are individually owned and part of a growing network of over 500 centers across 60+ countries, bringing this technology to communities globally - with thousands of units also found in private homes, making this healing experience more accessible than ever.

Why This Matters for Georgia

Beyond the immediate event, this gathering launches an ongoing initiative to build community around higher consciousness and holistic wellness in Atlanta. With three EESystem™ centers now operating in the metro area, Georgia is destined to become a hub for consciousness-driven health.
Additionally, Dannion Brinkley, a passionate advocate for Veterans supports EESystem™ center owners to develop partnerships with the VA healthcare system -an opportunity that could bring scalar energy technology to veterans dealing with PTSD, chronic pain, and other conditions. With Georgia's significant veteran population and strong VA infrastructure, Atlanta is positioned to lead this potential integration.

Registration Information

Seating is limited to 300 attendees for the conference hall presentation. Early registration is encouraged.
To register or for more information:
Website: https://eesystematlanta.org/conversationsthatmatter/
Email: [email protected]
Phone: 470 454-5682

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299652

Source: Evertise AI PR

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Burlington, Ontario--(Newsfile Corp. - June 2, 2026) - Promino Nutritional Sciences, Inc. (CSE: MUSL) (OTCID: MUSLF) (FSE: 93X) ("Promino" or the "Company"), a leader in muscle health and performance nutrition, is pleased to announce that a rush supply of Promino™ - NSF Certified for Sport® was recently supplied in connection with the Stanley Cup Final.

The development comes as Promino Ambassador Jack Eichel continues to play a leading role in the Vegas Golden Knights' pursuit of a second Stanley Cup championship. Earlier this year, Mr. Eichel captured Olympic Gold as a member of Team USA, adding to an already distinguished hockey career.

Promino™ - NSF Certified for Sport® is the Company's proprietary amino acid formulation designed to support muscle recovery, performance and strength while providing a low-calorie, sugar-free and dairy-free alternative to traditional protein products. NSF Certified for Sport®1 is one of the most recognized certifications in sports nutrition, providing assurance that products have been independently tested to meet rigorous quality and safety standards.

The Company believes increasing interest in Promino™ among athletes, coaches, trainers and sports organizations reflects growing awareness of the importance of muscle health and recovery across all levels of sport.

Promino's presence in athletics continues to expand through relationships with elite athletes and sports organizations, including former six-time MLB All-Star and Promino Ambassador, Jose Bautista. Mr. Bautista is the owner of Las Vegas Lights FC, where Promino™ serves as the Official Protein Drink and is incorporated into the club's performance nutrition program.

The Company also recently announced NIL partnerships with nine NCAA Division I athletes from Virginia Military Institute, one of the leading military colleges in the United States. Together, these initiatives reflect Promino's growing presence across high school, collegiate and professional athletics.

Promino™ - NSF Certified for Sport® is represented across high school, collegiate and professional sports programs.

"Promino was developed to support athletes striving to perform at their highest level, from high school competitors to collegiate and professional athletes," said Vito Sanzone, Chief Executive Officer. "To see Promino being associated with some of the biggest stages in sport is encouraging awareness of our brand among athletes, coaches, trainers and performance-focused consumers. We remain focused on expanding awareness of Promino™ - NSF Certified for Sport® among athletes and active consumers seeking trusted muscle health and recovery solutions."

The Company notes that the Vegas Golden Knights are not a sponsored partner of Promino, and the use of Promino™ products by athletes or sports organizations should not be interpreted as an endorsement by any league, team, or governing body.

Promino also announces that it has entered into an agreement with a third party for event marketing services. Pursuant to this agreement, Promino has agreed to issue 625,000 common shares of the Company on a quarterly basis for an aggregate of 2.5 million common shares.

About Promino Nutritional Sciences Inc.

Promino Nutritional Sciences is a Canadian innovation company focused on science-based, clinically proven nutrition for muscle health and recovery. Its core product, Rejuvenate Muscle Health™, is a clinically researched proprietary amino acid formula designed to rebuild, restore, and rejuvenate muscle tissue.

The Company also produces Promino™ - NSF Certified for Sport®, trusted by elite athletes. Promino's ambassadors include Stanley Cup Champion Jack Eichel (Vegas Golden Knights) and MLB legend José Bautista.

Learn more at www.drinkpromino.com and www.rejuvenatemuscle.com.

Forward-Looking Statements and Financial Outlook

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by terms such as "will", "may", "should", "anticipates", "expects", "intends", "plans", "believes", "estimates" and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements regarding growing awareness of muscle health and expanding awareness of the ProminoTM brand. Forward-looking statements are based on a number of assumptions made by management that the Company believes to be reasonable in the circumstances. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or developments to differ materially from those expressed or implied by such statements, including, without limitation: risk factors described in the Company's continuous disclosure documents filed on SEDAR+ at www.sedarplus.ca, including the Company's most recent management's discussion and analysis. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.

1 NSF: What Our Mark Means 
The Importance of NSF Certification for Sport Supplement Brands: Ensuring Quality and Safety

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299668

Source: Promino Nutritional Sciences, Inc.

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New research projects focus on behavioral safety, crash prevention and passive safety , /PRNewswire/ -- Before joining Toyota's Collaborative Safety Research Center (CSRC), Zhaonan Sun spent years studying how the human body absorbs the force of a crash.

Now, as a principal scientist at CSRC, he helps identify opportunities to do something about it.

Toyota’s Collaborative Safety Research Center Touts Partnerships, Eyes Future with Announcement of 10 New Projects - New research projects focus on behavioral safety, crash prevention and passive safety. Sun was a graduate student at the University of Virginia (UVA), studying injury biomechanics and human body modeling under Jason Kerrigan, director of UVA's Center for Applied Biomechanics since 2019 and long-time collaborator with CSRC. As fate would have it, the researcher Sun once trained under is now his colleague. 

"He spent the time to understand the background. He went and really tried to make the project successful — and he made it sing," Kerrigan said of Sun's graduate research. "I was sad to see him go, but I'm really glad he found his way back, this time on the Toyota side."

For Sun, moving from the lab to Toyota revealed something he hadn't been able to see before.

"I wouldn't say the work at the university is the tip of the iceberg. I would say it's half of the iceberg," he said. "And now it's great to see the other half — how we leverage the results to talk to our regulators, rating agencies, and safety stakeholders to reduce the number of fatalities on the road."

Sun's path from UVA to Toyota is, in many ways, the story of CSRC itself. When Toyota launched CSRC in 2011, the company posited that investing in safety research in clinical, laboratory, and university settings could pay greater dividends than keeping the work in-house. Now, more than 100 completed studies later, their work is only accelerating.

Today, CSRC announced 10 new safety research projects, in collaboration with seven universities and private sector organizations including UVA, the Massachusetts Institute of Technology, the University of Michigan and Purdue University. These projects range from how adaptive interfaces can increase driver adoption of advanced safety systems, to new methods for detecting pedestrians and cyclists, to how speeding risk varies by road type and the gap between a driver's speed and posted limits. 

"CSRC was built on the idea that the best safety research happens when you invest in relationships over time, with the best institutions, the best researchers, and a shared commitment to publishing what you find," said Jeff Makarewicz, TMNA Group Vice President, R&D.  "Each of these 10 new projects reflects that approach, building up research capabilities and institutional knowledge."  

CSRC Senior Manager Jason Hallman sees these 10 new projects as a continuation of what he calls a "1+1 = 3 relationship." In short, Toyota's engineering knowledge, related government and safety research activity, and academic expertise combine into something no one could produce alone.

"The work we undertake now will build and shape the safety features drivers can benefit from for decades to come." Hallman said. "Every project we select is a strategic investment in that future: in even safer vehicles, enhanced engineering tools, and results we hope the industry and policymakers can build on."  

At the heart of much of this work is THUMS, the Total Human Model for Safety, a Toyota-developed virtual human body model that allows researchers to simulate crashes in a digital environment with unprecedented levels of detail.

Although they have their own limitations, computational models can run far more simulations and can predict nearly 100 injury types simultaneously. Sun, who works across multiple university collaborations at CSRC, sits at the center of that process — coordinating between university researchers, Toyota engineers, and safety stakeholders to put the findings to work.

That sense of purpose extends to the researchers CSRC has helped train over 15 years, many of whom have gone on to positions in government, academia, and across the automotive industry, and in a few cases, like Sun, to Toyota itself.

"It's very exciting to have my fingerprint on the future of vehicle safety," he said. "Using human body models and doing virtual testing is a professional passion of mine. I'm excited to see where the future leads with these new projects and how we can help to better protect everyone on the road."

Details on each of the 10 new projects are below. 

Collaborator: Massachusetts Institute of Technology
Project Name: Adaptive Interfaces for increasing ADAS adoption
Key Question: How do a driver's expected benefits and concerns affect when they choose to use advanced driver assistance (ADAS) across various situations?
Approach: Drivers will view various story-framed driving videos and report their perceived effort, value, risk and likelihood to use specific ADAS features.

Collaborator: Purdue University/Ohio State University
Project Name: Naturalistic vulnerable road user (VRU) detection with Micro-Doppler Radar
Key Question: How can current radar sensors signals and novel AI models enhance VRU detection for future rating assessments?
Approach: Researchers will collect real-world radar data from current automotive sensors and use it to develop novel AI algorithms that can more quickly detect and distinguish between pedestrians, cyclists, and other road users.

Collaborator: Touchstone Evaluations, Inc.
Project Name: Speeding-related crash outcomes based on road type and context 
Key Question: What are the injury and fatality risks of speeding based on posted speed limit and speed differential? 
Approach: Researchers will analyze crash data to measure how injury and fatality risk changes based on road type, posted speed limit, and how far a driver is traveling above it. 

Collaborator: Touchstone Evaluations, Inc.
Project Name: Speed compliance effects on surrounding vehicles  
Key Question: How does a driver's speed affect the surrounding traffic behavior?  
Approach: Researchers will analyze real-world driving data to quantify how a driver's speed — compared to surrounding traffic — affects the behavior of nearby vehicles. 

Collaborator: University of Michigan Transportation Research Institute (UMTRI) 
Project Name: Parametric studies with varying size/shape human body models (HBM)  
Key Question: How to treat different HBMs to align virtual testing results across OEMs and regions?  
Approach: Researchers will run virtual crash tests using three widely available HBMs across standard and modified geometries to identify ways to align results across automakers and regions. 

Collaborator: University of Michigan-Dearborn/UMTRI  
Project Name: Vehicle to network (V2N) safety benefits for anticipatory assistance  
Key Question: How can V2N communication be best leveraged to increase driver safety? 
Approach: Researchers will leverage international efforts and U.S.-specific crash and driving records to identify where vehicle-to-network communication can best give drivers earlier warning of potential hazards ahead. 

Collaborator: University of Virginia   
Project Name: Virtual testing sensitivity to human body model (HBM) updates 
Key Question: What are the effects of small changes in HBMs on injury metrics and virtual testing results? 
Approach: Researchers will build an automated simulation framework to test how small version updates to virtual human body models affect injury predictions in crash scenarios.

Collaborator: University of Virginia    
Project Name: Foot posture and implication for ankle injury risk prediction 
Key Question: What are the predicted effects of a range of footwell geometries and foot posture on ankle injury risk? 
Approach: Researchers will collect vehicle interior measurements and run computer simulations to understand how different foot positions and footwell designs affect ankle injury risk in a crash.

Collaborator: University of Virginia    
Project Name: Lumbar spine injury prediction with crash test dummies 
Key Question: How to enable lumbar spine injury risk prediction in upright and reclined seating positions from values provided by different dummies?
Approach: Researchers will run crash simulations to develop a method for translating lower-back injury readings from crash test dummies into injury risk predictions for real occupants. 

Collaborator: University of Wisconsin-Madison     
Project Name: Alert annoyance and interaction mitigation strategies  
Key Question: Do the characteristics of the alert source influence the driver's level of annoyance?
Approach: Volunteers will complete scenario-based surveys and interviews to measure how different types of alerts — and where they come from — affect driver annoyance and  use of safety and convenience features.

About Toyota 

Toyota (NYSE:TM) has been a part of the cultural fabric in North America for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.  

Toyota directly employs nearly 64,000 people in North America who have contributed to the design, engineering, and assembly of over 50 million cars and trucks at our 14 manufacturing plants. In 2025, Toyota's plant in North Carolina began to assemble automotive batteries for electrified vehicles. 

For more information about Toyota, visit www.ToyotaNewsroom.com. 

About TMNA R&D 

For more than 50 years, Toyota's Research & Development groups in North America have participated in engineering projects for several of the best-selling Toyota vehicles on U.S. roads. Teams are now creating both next-generation vehicles and new and advanced mobility concepts that can better move people, goods and information. Centered in Ann Arbor, Michigan, Toyota's North American R&D groups are pursuing Toyota's mission to "Produce Happiness for All" by making life safer, easier and more enjoyable. 

Media Contact
Dan Nied
[email protected]

SOURCE Toyota Motor North America

Publication in a leading peer-reviewed ophthalmology journal further validates TeaRx™ as a novel point-of-care platform for diagnosis, patient stratification, and prediction of responsiveness to therapy in Dry Eye Disease

https://pubmed.ncbi.nlm.nih.gov/42206882/

Vancouver, British Columbia--(Newsfile Corp. - June 5, 2026) - DiagnosTear Technologies Inc. (CSE: DTR) ("DiagnosTear" or the "Company"), a leader in developing innovative point-of-care diagnostic solutions for ocular diseases, is pleased to announce that its clinical manuscript entitled "Clinical Evaluation of TeaRx™: A Point-of-Care Multi-Parameter Tear Film Test for Diagnosis, Stratification, and Prediction of Responsiveness to Cyclosporine A Therapy in Dry Eye Disease" has been published (as an open access manuscript) in the peer-reviewed journal Current Eye Research, a well-established international ophthalmology journal with an impact factor of approximately 2.1. The manuscript can be accessed and viewed at https://www.tandfonline.com/doi/10.1080/02713683.2026.2678293

The study was conducted in collaboration with Prof. Sayan Basu and the Brien Holden Eye Research Centre at LV Prasad Eye Institute (LVPEI), Hyderabad, India, one of the world's leading ophthalmic research institutions.

The publication presents the clinical evaluation of DiagnosTear's TeaRx™ Dry Eye platform, a non-invasive, multi-parametric tear film test designed to bring objective, data-driven decision-making to the diagnosis and management of Dry Eye Disease (DED), a rapidly growing global market affecting hundreds of millions of patients worldwide.

The manuscript includes data from approximately 500 DED patients and 100 healthy controls, representing one of the largest cohorts evaluated to date for tear-based Dry Eye diagnostics.

Key findings reported in the publication include:

TeaRx™ successfully differentiated severe Dry Eye Disease patients from non-severe patients and healthy controls with strong diagnostic performance.The platform demonstrated the ability to stratify patients according to disease severity, potentially enabling more personalized monitoring and treatment strategies.TeaRx™ identified patients with severe Meibomian Gland Dysfunction (MGD), one of the leading causes of evaporative Dry Eye Disease.TeaRx™ demonstrated potential utility in predicting responsiveness to topical Cyclosporine A therapy, including a high negative predictive value, supporting improved patient selection and potentially reducing empirical treatment approaches.The Company is currently offering TeaRx™ dry eye test kits to clinical and academic collaborators and has already established research relationships with institutions and clinical research partners in multiple countries, including the United Kingdom, Australia, Israel, and India. The company is also considering offering the test components for clinical laboratories to be validated and used as a Laboratory Developed Test (LDT).

Dr. Shimon Gross, CEO of DiagnosTear Technologies, commented:

"We believe the publication of this manuscript in Current Eye Research represents an important validation milestone for TeaRx™ and DiagnosTear's broader vision of transforming ophthalmology through tear-based precision diagnostics. Dry Eye Disease remains largely managed through subjective assessments and empirical treatment selection. TeaRx™ has the potential to provide clinicians with objective biological insights that may improve diagnosis, patient stratification, and therapeutic decision-making."

Prof. Sayan Basu added:

"These findings highlight the growing clinical relevance of tear biomarker analysis in ocular surface disease. TeaRx™ demonstrated encouraging performance in diagnosing and stratifying Dry Eye Disease, while also showing potential utility in predicting therapeutic responsiveness, an increasingly important component of personalized ophthalmic care."

About DiagnosTear Technologies

DiagnosTear Technologies is a global leader in the development and commercialization of rapid, point-of-care, multi-parametric diagnostic tests for ocular diseases. By leveraging the analysis of tear fluid composition, the Company is developing innovative diagnostic solutions designed to support earlier detection, objective disease assessment, personalized treatment selection, and improved patient outcomes in ophthalmology.

THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE, NOR HAS OR DOES THE CSE'S REGULATION SERVICES PROVIDER.

Forward-Looking Statements

This news release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities laws (collectively, "forward-looking information"). All statements other than statements of historical fact are forward-looking information. Forward-looking information is often, but not always, identified by words such as "believe," "potential," "may," "could," "would," "will," "expect," "anticipate," "intend," "considering," "vision," "designed to," "supporting," and similar expressions, or statements that certain actions, events or results "may," "could," or "have the potential to" occur or be achieved.

Forward-looking information in this news release includes, but is not limited to, statements regarding: the validation, clinical performance, capabilities and potential clinical utility of the TeaRx™ platform, including its ability to diagnose, stratify and predict responsiveness to Cyclosporine A therapy in Dry Eye Disease; the significance and interpretation of the published study findings; the potential of TeaRx™ to enable personalized monitoring, treatment selection and improved patient outcomes; the potential to reduce empirical treatment approaches; the size, growth and characteristics of the Dry Eye Disease market; the Company's plans to offer test kits to clinical and academic collaborators; the Company's consideration of offering test components for validation and use as a Laboratory Developed Test (LDT); the development and expansion of research relationships and collaborations; and the Company's broader strategy and vision for tear-based precision diagnostics in ophthalmology.

Forward-looking information is based on assumptions management considers reasonable as of the date of this news release, including, among others, assumptions regarding: the accuracy and reproducibility of the study results across larger and more diverse populations; the receipt of any required regulatory clearances, approvals or authorizations; the Company's ability to develop, validate, manufacture, commercialize and obtain adoption of TeaRx™; the availability of financing on acceptable terms; the continued cooperation of research and clinical partners; and general economic, market and competitive conditions.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied, including, among others: that results from a single peer-reviewed study or limited patient cohorts may not be predictive of, or replicated in, future studies or real-world clinical use; that TeaRx™ may not perform as expected or may fail to obtain necessary regulatory clearances or approvals in any jurisdiction; that the Company may be unable to commercialize TeaRx™ or achieve market acceptance; the early-stage nature of the Company's products and business; the need for additional capital and the risks associated with raising it; competition and technological change; reliance on third-party collaborators and key personnel; intellectual property risks; and the other risk factors disclosed in the Company's continuous disclosure documents available under its profile on SEDAR+ at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date of this news release. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and does not accept responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300267

Source: DiagnosTear Technologies Inc.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Let's take a look at what these Wall Street heavyweights have to say about Toyota Motor Corporation (TM - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Toyota Motor currently has an average brokerage recommendation (ABR) of 1.38, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 13 brokerage firms. An ABR of 1.38 approximates between Strong Buy and Buy.

Of the 13 recommendations that derive the current ABR, 10 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 76.9% and 7.7% of all recommendations.

Brokerage Recommendation Trends for TM

Check price target & stock forecast for Toyota Motor here>>>

While the ABR calls for buying Toyota Motor, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.

With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.

Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.

Should You Invest in TM?In terms of earnings estimate revisions for Toyota Motor, the Zacks Consensus Estimate for the current year has declined 4.1% over the past month to $21.51.

Analysts' growing pessimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates lower, could be a legitimate reason for the stock to plunge in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #4 (Sell) for Toyota Motor. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Therefore, it could be wise to take the Buy-equivalent ABR for Toyota Motor with a grain of salt.

The agreements include BostonApartments.com, ApartmentsUSA.com, Roomateads.com, Apartmentads.com, Parkingspaces.com, Santana Construction Services, and Hopscotch Air. Together, these organizations span multiple industries and represent the first wave of enterprise customers that will deploy MobiCard™ 1.8 across their teams following app store approval.

CAMBRIDGE, MA / ACCESS Newswire / June 9, 2026 / Peer To Peer Network, Inc. (OTC:PTOP) today announced that multiple organizations have executed Enterprise Account agreements for its flagship MobiCard™ 1.8 platform, marking what management believes is a pivotal transition from years of development into large-scale commercialization..

Multiple organizations have signed agreements that will adopt MobiCard's new Enterprise Platform once the new app is approved by their respective app stores. The organizations include BostonApartments.com®, Hopscotch Air. Inc., ApartmentsUSA.com, Santana Construction Services, Roomateads.com, Parkingspaces.com, and Apartmentads.com. Together, these organizations span multiple industries and represent the first wave of enterprise customers expected to deploy MobiCard™ across their teams following app store approval of MOBICARD™ 1.8. These initial enterprise customers represent three distinct sectors-real estate, construction, and aviation-and provide MobiCard™ with opportunities to demonstrate its enterprise capabilities across multiple industries.

For investors, today's announcement represents more than customer acquisition-it represents validation.

For years, PTOP has focused on developing, refining, testing, and protecting its patented digital business card technology. Now, before the official rollout of MobiCard™ 1.8, enterprise organizations have already committed to adopting the platform.

"We are no longer talking about what MobiCard™ can become," stated Joshua Sodaitis, Chairman and CEO of Peer To Peer Network. "We are talking about organizations that have already committed to implementing it. That is a completely different phase of the business."

Originally planned for MobiCard™ 2.0, portions of the Company's enterprise functionality have been accelerated into the upcoming MobiCard™ 1.8 release.

PTOP believes enterprise adoption is a critical component of its long-term growth strategy, as organizations can deploy the platform across multiple employees and user groups.

"Today's announcement is about a turning point for PTOP," elaborated Mr. Sodaitis, to begin monetizing our apps. It represents a switch from development to commercialization, and we are setting it off with a BIG bang!"

BostonApartments.com® is one of -if not the first, real estate listing platforms on the web running more than 31 years. BostonAprtments.com will be integrating into their platform for all of their agents the MOBICARD system. Bostonapartments.com® has adopted the MobiCard™ Enterprise Platform to support professional networking and lead management initiatives. The real estate industry remains one of the most relationship-driven sectors in the economy, making digital networking and lead capture increasingly important.

This agreement brings www.apartmentsusa.com, www.bostonapartments.com, www.roomateads.com, www.apartmentads.com, and www.parkingspaces.com all of which are owned and integrated together to run off of one platform by Eric Boyer.

Another Press release will further explain the intricacies of the significance of this deal.

"This is a monster account for MOBICARD™, and should be extremely beneficial for growth," stated Chairman & CEO of PTOP Joshua Sodaitis. "This is a transformational account for MobiCard™," said Mr. Sodaitis. "The significance goes far beyond a single customer. It demonstrates that established organizations see value in what we have built and are willing to deploy it within their businesses."

PTOP also announced that Santana Construction LLC has joined the MobiCard™ Enterprise Program. Through the initiative, eligible staff members will have access to the platform's digital networking and contact management capabilities. Peer To Peer Network believes New Home Construction Services will be a beneficial industry to corner.

Hopscotch Air Inc., an FAA certificated private aviation company focused on regional air mobility solutions, has also adopted the Enterprise Platform. The Company believes professional networking, customer engagement, and business development tools can play an important role in supporting their growth-oriented organization.

Peer To Peer Network views these enterprise deployments as an important step toward expanding the MobiCard™ ecosystem. Enterprise customers have the potential to introduce the platform to larger user communities, generate product feedback, validate use cases, and increase overall platform engagement.

Organizations interested in upgrading to an Enterprise Account can do so directly within the MobiCard™ 1.8 platform (once it has been approved and deployed by Apple & Google Play stores -- should be any day now). Users simply tap the menu icon in the upper-right corner of the application and select "Edit Card," where they can upgrade their account to an Enterprise Account at the top level for $750 per month.

The Enterprise features included in MobiCard™ 1.8 represent only the first phase of the Company's broader enterprise strategy. Among the 1.8 capabilities is the ability for Enterprise users to promote their company, products, services, events, and digital business cards through MobiCard's™ new "Feed" feature.

At the top Enterprise level, currently priced at $750 per month, organizations gain access to enhanced visibility and promotional opportunities throughout the platform. Management believes the Feed feature provides a powerful mechanism for businesses to increase engagement, build brand awareness, and communicate directly with the growing MobiCard™ user community. Additional enterprise functionality, administrative tools, analytics, and advertising capabilities are expected to be introduced in future releases.

PTOP plans to continue pursuing additional enterprise accounts while expanding MobiCard's™ user base and feature set. Management believes that combining consumer adoption with enterprise deployments creates a scalable framework for future growth.

"I think it will be hard t quantify the true valuation of the company until we see these companies roll out the MOBICARD™1.8. We believe that the stock price does not reflect the true valuation of the company down here under $0.15 a share. But only time will tell," concluded Mr. Sodaitis.

Peer To Peer Network, Inc. is the original inventor of the digital business card. With multiple fully granted U.S. utility patents protecting its electronic interactive business card system, PTOP is positioned as the category creator the of digital business cards industry. Its flagship product, MOBICARD™, is currently available on both the Google Play and Apple App Store.

PTOP's mission is to deliver scalable, efficient, and modernized solutions that empower organizations to operate at the speed of digital engagement.

Sign up for free for the MOBICARD™ digital business card app here:

Android: Mobicard™ - Apps on Google Play

iPhone: ‎Mobicard™ App - App Store

Joshua Sodaitis
Chairman & CEO
Peer To Peer Network, Inc.
617-481-1971
[email protected]
www.ptopnetwork.com

PTOP Intelligence Labs, the Company's newly launched AI division is focused on building a suite of artificial intelligence products designed to enhance compliance, automate corporate communications, and strengthen the connection between companies and their customers or investors.

PTOP's mission is to deliver scalable, efficient, and modernized solutions that empower organizations to operate at the speed of digital engagement.

Forward-Looking Statements: This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected.

Safe Harbor Statement: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov. The company is no longer a fully reporting SEC filing company. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding the anticipated launch, approval, functionality, adoption, commercialization, revenue potential, profitability, scalability, growth prospects, enterprise customer deployments, future product enhancements, market opportunities, business strategy, and future operating performance of Peer To Peer Network, Inc. ("PTOP") and its products, including MobiCard™.

Forward-looking statements are typically identified by words such as "anticipates," "believes," "expects," "intends," "plans," "may," "will," "should," "projects," "estimates," "potential," "could," "continue," and similar expressions. These statements are based on current expectations, assumptions, and beliefs of management and are subject to a number of risks, uncertainties, and other factors, many of which are beyond the Company's control.

Actual results may differ materially from those expressed or implied by forward-looking statements due to a variety of factors, including, without limitation: the Company's ability to obtain and maintain app store approvals; successfully launch and commercialize its products; convert enterprise agreements into active paying customers; attract and retain users; generate revenues; obtain financing; compete effectively within its industry; protect its intellectual property; maintain regulatory compliance; execute its business strategy; and general economic, market, technological, and industry conditions.

No assurance can be given that any anticipated product launch, customer deployment, revenue opportunity, growth initiative, enterprise adoption, or business objective will be achieved. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release.

Except as required by applicable law, Peer To Peer Network, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

SOURCE: Peer To Peer Network

The artificial intelligence (AI) boom is top of mind for everyone who invests in stocks. Skyrocketing share prices for semiconductor stocks and other companies that are profiting from the build-out of AI data centers have become a huge part of the U.S. stock market.

But many investors are feeling doubtful and anxious along with the exuberance of this bull market. Are AI stocks too richly valued? What if corporate spending on AI capital expenditures slows? What if AI technology doesn't deliver the hoped-for gains in productivity? What if AI is a bubble that bursts?

Image source: Getty Images.

Bloomberg recently published research saying that if the AI bubble bursts, the S&P 500 index could drop by as much as 20%. If you feel as if your stock portfolio has gotten too tech-heavy with highly valued U.S. growth stocks, you might want to consider buying exchange-traded funds (ETFs) before the AI bubble bursts.

Let's look at two ETFs that could be good choices to diversify away from a tech-heavy portfolio.

1. Vanguard Total Bond Market ETF (BND): More than 11,000 bonds, 19 years of 3.08% annualized returns If you're worried about a stock market downturn, you might want to buy more bonds. One of the best ways to do that is to invest in the Vanguard Total Bond Market ETF (BND 0.12%). This fund lets you own 11,387 bonds, with a broad mix of government bonds and investment-grade corporate bonds.

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During the past three years, this Vanguard bond ETF has delivered average annual returns (by net asset value) of 3.95%, with an annualized return of 3.08% since the fund's inception in April 2007. After the 2008 stock market crash and during the recovery from the Great Recession, the Vanguard Total Bond Market ETF outperformed the S&P 500 for about five years.

BND Total Return Level data by YCharts

Bonds don't usually outperform the S&P 500 in the long run. But a general rule of thumb in investing is that bonds tend to be negatively correlated with stocks. This means that when stock prices go down, bond prices go up and vice versa. In case of a big AI-related stock market downturn, bonds could help your portfolio stay steady and avoid excessive losses.

Bloomberg's model also forecasts that if the S&P 500 were to decline by 20%, the Fed would be likely to cut interest rates three or four times. Lower interest rates could be good news for bond prices. Buying bonds before an AI bust could be a smart move.

2. Vanguard International High Dividend Yield ETF (VYMI): 1,582 global stocks, 3.42% dividend yield If the S&P 500 falls by 20%, that would likely be bad news for many international stocks that are riding the AI boom, such as semiconductor stocks in markets like Taiwan and South Korea. But international high-yield dividend stocks might be less exposed to the AI trade.

The Vanguard International High Dividend Yield ETF (VYMI +0.54%) offers a diversified portfolio of 1,582 international stocks, which are mostly far away (literally and figuratively) from the AI boom. None of the fund's top 10 stock holdings are tech stocks.

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Instead, the top holdings of this ETF are mostly financial stocks and pharmaceutical stocks, along with a few big names like Toyota Motor (TM +0.03%) and Nestlé (NSRGY 0.20%). This fund puts your money to work in different parts of the global stock market that might keep making steady profits and paying good dividends, no matter what happens next with AI.

For the past three years, this fund has delivered average annual returns (by net asset value) of 23.5%, with an annualized return of 11.4% since the fund's inception in February 2016. And during the past 12 months, this fund has delivered an impressive dividend yield of 3.42% -- better than most of the best dividend index funds.

If the S&P 500 drops by 20%, this ETF would probably take a hit too. But it might lose less value than the U.S. stock market as a whole in the case of an AI bust. The last time the S&P 500 was in a bear market, in 2022, the Vanguard International High Dividend Yield ETF had a negative return of -7.06% for the year, compared to -18.11% for the S&P 500.

VYMI Total Return Level data by YCharts

There's no guarantee that any investment will be a safe place to hide in the event of a big tech-sector meltdown. But buying bonds and high-yield dividend stocks in international markets might help protect your money in case the AI bubble bursts.

Halifax, Nova Scotia--(Newsfile Corp. - June 11, 2026) - Namibia Critical Metals Inc. (TSXV: NMI) (OTCQB: NMREF) ("Namibia Critical Metals" or the "Company" or "NCMI") is pleased to announce commencement of a significant drill program at its Lofdal Heavy Rare Earths project in Namibia.

The drill program commenced on 3 June 2026 and aims at:

Maiden resource for the 1.5 km long xenotime-mineralized system at Area 5 between the currently planned Area 4 and Area 2B pits

First deep hole to be drilled in potentially extending deposit of Area 4 to 800m depth for studies on a future underground mining option

Increase Resources of Measured Category at Area 4

Increase Indicated and Measured Resources at Area 2B

Darrin Campbell, President of Namibia Critical Metals, stated:

"We are excited about the potential impact of this drilling campaign of not only expanding resources in our deposits with already existing mine plans but also stepping into potential additional satellite resources at Area 5.

"Testing the extension of the Area 4 deposit to a depth of about 800 meters has the biggest potential impact for further mine life or increased throughput. Our experts in underground mining design are on standby to potentially guide the project to a significant expansion of the mine."

Drill Program 2026

Reverse circulation (RC) drilling of 83 drillholes is planned with two rigs over the next five months for a total drill production in the range of 13,000 meters.

The 2026 drill program comprises of mainly resource infill and expansion drilling at Area 2B and Area 4 as well as systematic drilling of a total of 5,670 meters along the Area 5 mineralized system, see map below. 

Core drilling will be used to tests the depth extension of the Area 4 deposit with an expected intercept at about 800 meters vertical depth. 

Figure 1: Drill plan of the 2026 drill program at Lofdal: Green triangles = resource infill and expansion drilling at Area 2B and Area 4. Blue triangles = Exploration drilling for a maiden resource at Area 5. Red triangle = collar position of the deep borehole downdip of the Area 4 deposit. Black triangles = historical drilling. 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/12470/301160_bc922bf8748958a9_002full.jpg

The Company was also pleased to host senior executives from its partners, JOGMEC and Toyota-Tsusho, to a site visit at Lofdal and hold stakeholder update meetings with senior Namibian government representatives and the communities.

Figure 2: Visit of representatives of Toyota Tsusho and JOGMEC at a drill site at Area 2B and at the core shed in Khorixas

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/12470/301160_figuretwo.jpg

About Namibia Critical Metals Inc.

NCMI is developing the Tier-1 Heavy Rare Earth Project, Lofdal, a globally significant deposit of the heavy rare earth metals dysprosium and terbium. Demand for these critical metals used in permanent magnets for electric vehicles, wind turbines and other electronics is driven by innovations linked to energy and technology transformations. The geopolitical risks associated with sourcing many of these metals have become a repeated concern for manufacturers and end users. Namibia is a proven and stable mining jurisdiction.

The Lofdal Project is fully permitted with a 25-year Mining License and is under a funding agreement with Japan Organization for Metals and Energy Security (JOGMEC).

About Toyota Tsusho Corporation

Toyota Tsusho Corporation is the trading and business development arm of the Toyota Group and one of Japan's leading global trading houses. The company operates across a wide range of sectors including metals, energy, chemicals, mobility, and advanced materials. Toyota Tsusho plays a significant role in building global supply chains for critical minerals and materials used in automotive electrification, renewable energy systems and advanced manufacturing.

Japan Organization for Metals and Energy Security (JOGMEC) and the JOGMEC Agreement

JOGMEC is a Japanese government independent administrative agency which seeks to secure stable resource supplies for Japan. JOGMEC has a strong reputation as a long term, strategic partner in mineral projects globally. JOGMEC facilitates opportunities with Japanese private companies to secure supplies of natural resources for the benefit of the country's economic development.

Rare earth elements are of critical importance to Japanese industrial interests and JOGMEC has extensive experience with all aspects of the sector. JOGMEC provided Lynas with USD$250,000,000 in loans and equity in 2011 to ensure supplies of the Light Rare Earths metals suite to the Japanese industry and invested a further $134 million in 2023.

Namibia Critical Metals owns a 95% interest in the Lofdal project with the remaining 5% held for the benefit of Historically Disadvantaged Namibians. The terms of the JOGMEC agreement with the Company stipulate that JOGMEC provides C$3,000,000 in Term 1 and C$7,000,000 in Term 2 to earn a 40% interest in the Lofdal project. Term 3 calls for a further C$13,000,000 of expenditures to earn an additional 10% interest. JOGMEC can also purchase another 1% for C$5,000,000 and has first right of refusal to fully fund the project through to commercial production and to purchase all production at market prices. The collective interests of NCMI and historically disadvantaged Namibians cannot be diluted below a 26% carried working interest upon payment of C$5,000,000 to JOGMEC for the dilution protection. NMI may elect to participate up to a maximum of 45% by funding pro rata after the earn in period is completed.

To date, JOGMEC has completed Term 2 and earned a 40% interest by reaching the C$10 million expenditure requirement. Total approved project funding to date is C$19,973,000 of the $23,000,000 earn-in requirement to reach 50% interest.

Rainer Ellmies, PhD, MScGeol, EurGeol, AusIMM and Vice President of Namibia Critical Metals Inc., is the Company's Qualified Person and has reviewed and approved this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. The Forward-Looking Statements in this news release relate to, among other things; the estimation of Mineral Resources and Mineral Reserves and the realization of such mineral estimates; the statements and other results of the PFS discussed in this news release, including, without limitation, project economics, financial and operational parameters such as expected throughput, production, processing methods, cash costs, operating costs, other costs, capital expenditures, cash flow, NPV, IRR, payback period, life of mine and REE price forecasts These statements are only predictions. Forward-looking information is based on the opinions and estimates of management and the QP's at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301160

Source: Namibia Critical Metals Inc.

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- AxoniQ takes traditional HVDC systems to the next level, supporting efficient and scalable multi-terminal DC grids for the next step in asset and investment optimization
- Pioneering portfolio of three solutions based on advanced power electronics and control, ensuring connectivity, controllability, and protection
- Designed to drive the electrification era with resilient and flexible power transmission

LONDON, June 12, 2026 - (JCN Newswire) - Hitachi Energy, a global leader in electrification, today announced the launch of AxoniQ(TM), its comprehensive portfolio of solutions for multi-terminal direct current(MTDC) systems. As global electricity demand accelerates, MTDC systems are becoming critical to ensuring a secure, affordable, and sustainable power grid.

As renewable energy deployment accelerates and power systems become increasingly interconnected, MTDC systems help manage congestion and improve resilience by allowing dynamic power flow between multiple terminals and across different energy markets, while supporting faster planning, procurement, and execution of grid projects. By connecting multiple power sources and demand points, MTDC grids enable electricity to be directed where it is needed most.

ENTSO E's Offshore Network Development Plans 2024 report*1 highlights that by 2040, Europe is moving into a massive scale-up phase of offshore renewables, which requires major transmission expansion and early hybrid grids. Grids developed with MTDC systems can boost transmission capacity up to nearly threefold in a 2040 scenario.
*1 Offshore Network Development Plans European offshore network transmission infrastructure needs

Achieving the same capacity and reliability without these solutions would require substantial capital investment. Optimized assets not only translate into fewer converter stations, but also into fewer power cables and lines and a reduced use of land and materials, underpinning a more sustainable energy system for the benefit of both society and the environment.

Marking a significant step toward greater interoperability, the launch of AxoniQ comes as governments and grid operators worldwide accelerate investments in transmission infrastructure toward a fully electrified world to integrate renewable energy at scale, strengthen cross-border interconnections, and improve energy security.

The AxoniQ portfolio combines advanced power electronics and control technologies. It includes:

- AxoniQ Protect: An innovative solution that can interrupt a DC fault in less than three milliseconds, it offers fast and effective protection at up to 525 kilovolts (kV). It enables selective fault isolation by disconnecting only the affected section of the DC grid, while the rest of the system continues operating. This continuous, proactive protection enables extremely low losses and the optimal combination of performance, efficiency, and reliability throughout the entire lifecycle.
- AxoniQ Connect: A modular DC switching station that enables the connection of new terminals and structures the grid into several protection zones, creating manageable subsystems. AxoniQ Connect ensures reliable service continuity, simplifies maintenance, and supports cost-efficient scalability.
- AxoniQ Control: An advanced control system built with interoperability in mind that maintains voltage stability and power balance, optimized power flow, and flexible, market-driven energy exchange. AxoniQ Control addresses congestion and enables quick reconfigurations in the event of disturbances.

Together, the AxoniQ suite of cutting-edge power electronics solutions enables the re-routing of power in real time, rapid fault isolation, and maintaining continuity of power supply while minimizing the impact on the wider grid and avoiding the risk of costly power interruptions. Engineered for interoperability by design, AxoniQ will continue to evolve to enable a sustainable expansion of direct current (DC) grids in the decades ahead.

"Electricity networks are becoming increasingly complex as renewable generation grows and demand patterns evolve. AxoniQ represents a milestone in the evolution of DC grids, enabling the next generation of HVDC systems, helping grid operators integrate renewable power more reliably and affordably while improving grid resilience and transmission efficiency," said Niklas Persson, CEO, Grid Integration Business Unit at Hitachi Energy. "Hitachi Energy is pioneering the new technology needed today and helping ensure future prosperity."

The AxoniQ family is part of Hitachi Energy's Grid-enSure(R), a fully integrated solution portfolio to stabilize power systems by strengthening transmission, managing frequency variations and system voltage and addressing capacity constraints. AxoniQ takes its name from axons, the part of a nerve cell (neuron) that carries electrical signals away from the cell body to other neurons, muscles or glands, effectively functioning as the body's electrical system. Like axons, AxoniQ brings power to life across the grid - intelligently and effectively transmitting electricity between multiple sources and demand points, acting as the vital connection that enables amore responsive, resilient, and interconnected energy system.

AxoniQ has been researched and developed by Hitachi Energy for more than a decade, and its benefits are demonstrated through the company's work in partnership with TSOs and main industry players with the aim of making future HVDC systems mutually compatible and interoperable by design.

About Hitachi Energy

Hitachi Energy is a global leader in electrification, powering the electricity era to meet the energy demands of today, and the next 25 years. As the energy arm of Hitachi Group, over three billion people depend on our pioneering, mission critical technologies to power their daily lives. With over a century of innovation, we are addressing the most urgent energy challenge of our time: driving the evolution of the world's energy system to ensure abundant, secure, affordable, and sustainable power for today's generation and the next. With an unparalleled installed base in over 140 countries, we are the grid ecosystem partner across the utility, industry, data center, and transportation sectors. Headquartered in Switzerland, we employ over 56,000 people in 60 countries and generate revenues of around $20 billion USD.
Https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
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About Hitachi, Ltd.

Through its Social Innovation Business (SIB) that brings together IT, OT (Operational Technology) and products, Hitachi aims to be a global leader in continuously transforming social infrastructure through digital, contributing to a harmonized society where the environment, wellbeing, and economic growth are in balance. Hitachi operates worldwide across four sectors - Digital Systems & Services, Energy, Mobility, and Connective Industries - as well as a Strategic SIB Business Unit focused on new growth areas. With Lumada at its core, Hitachi creates value by combining data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2025 (ended March 31, 2026) totaled 10,586.7 billion yen, with 606 consolidated subsidiaries and approximately 290,000 employees worldwide. Visit us at www.hitachi.com.

Source: Hitachi, Ltd.

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