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, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT)'s merger with Marine Products Corporation. Upon completion of the proposed transaction, MasterCraft shareholders will own 66.5% of the combined company. If you are a MasterCraft shareholder, click here to learn more about your legal rights and options.

Silicon Laboratories Inc. (NASDAQ: SLAB)'s sale to Texas Instruments for $231.00 per share in cash. If you are a Silicon shareholder, click here to learn more about your legal rights and options.

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SOURCE Halper Sadeh LLP

Genflow Biosciences Ltd (LSE:GENF, OTCQB:GENFF, FRA:WQ5), the European biotechnology company focused on gene therapies for age-related diseases, has reported that positive safety and efficacy signals from its SLAB trial have been maintained three months after the initial dosing period, with no adverse events observed.

The SLAB (Sarcopenia and Longevity in Aged Beagles) trial is evaluating Genflow's proprietary SIRT6 centenarian gene therapy in aged dogs, targeting sarcopenia, the age-related loss of muscle mass and strength that also affects humans.

The company said improvements across multiple independent endpoints remained consistent with earlier observations reported in February 2026, while control animals continued to show expected age-related decline.

The therapy targets SIRT6, a gene associated with longevity that is found to be more active in centenarians, and is delivered via gene therapy to restore or enhance its function in ageing subjects.

The trial is ongoing, with all animals continuing to be monitored, and completion is anticipated at the end of July 2026.

Additional analyses, including methylation clock assessment, a method of estimating biological age at the cellular level, and muscle histology, the microscopic examination of tissue structure, are in progress and are expected to provide further mechanistic insight into the therapy's effects.

Chief executive Eric Leire said the follow-up data extended the company's understanding beyond initial efficacy and into persistence of effect.

"The consistency of improvements across multiple functional endpoints, together with the continued absence of safety concerns, strengthens our confidence that SIRT6 gene therapy is delivering a sustained biological impact," he said.

Genflow said it was engaging with prospective partners in the animal health sector to explore licensing, co-development and commercialisation opportunities for its SIRT6 platform.

Genflow Biosciences Ltd (LSE:GENF, OTCQB:GENFF, FRA:WQ5) CEO, Dr Eric Leire, talked with Proactive about encouraging results from the SLAB (Sarcopenia and Longevity in Aged Beagles) trial, highlighting sustained efficacy and safety following treatment.

Leire explained that one of the most significant findings is the durability of the therapy’s effects. Even three months after stopping treatment, the benefits observed in the dogs have been maintained.

He noted, "We stopped administration three months ago... and that's exactly what we see, both in terms of safety and in terms of efficacy." This persistence is a key milestone for gene therapy, as it could shift treatment from a repeated or chronic approach to a potential one-time intervention.

The durability of response also has broader implications for other indications Genflow Biosciences Ltd is pursuing. Leire indicated that the results support expectations for similar long-lasting effects in future applications, including MASH.

While clinical endpoints are already showing promising outcomes, the company is awaiting additional data from blood analyses and biopsies to complement these findings.

These results could further validate the therapy’s impact, including potential reductions in biological age. The existing data has already enabled early discussions with animal health companies regarding potential partnerships.

Proactive: Eric, very good to speak with you. The results in three months look encouraging. But what's actually changing in these dogs day to day that tells you the therapy's working?

Dr Eric Leire: What we notice now is the duration of effect. We stopped administration three months ago, and it was important to see if the benefit we noticed at the end of treatment would be maintained. That's exactly what we see, both in terms of safety and in terms of efficacy. So it's very good news.

Proactive: You mentioned persistence of effects. Why is durability such a critical piece of the puzzle for a gene therapy like this?

Dr Eric Leire: It changes everything because for the customer, it could be one therapy where you gain long-term benefit, rather than a chronic treatment. In terms of cost and convenience, it makes a totally different product. We are very happy to see this duration of effect. It’s also very interesting for other indications we are pursuing, because it allows us, for example, for MASH, to think we will have the same kind of duration of effect after therapy.

Proactive: You're still four months from completing the trial. What key data points are you waiting on, and what would a strong result look like?

Dr Eric Leire: What we have now is mostly clinical endpoints that matter to dog owners. We still need blood analysis and biopsy analysis as complementary data. The clinical data is already very promising and allow us to start negotiations with animal health companies. We want to outsource the product. It will be a nice confirmation if we see a decrease in biological age in the treated group.

Proactive: Thank you very much for your time.

Wireless IoT leader delivers $214 million in revenue and non-GAAP EPS of $0.53

, /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), the leading innovator in low-power wireless, reported financial results for the first quarter, which ended April 4, 2026.

"The Silicon Labs team delivered a strong start to 2026 with revenue of $214 million and meaningful year-over-year improvements in both gross margin and profitability," said Matt Johnson, President and Chief Executive Officer.

"Over the course of the quarter we saw an acceleration in bookings with declining inventory positions at our distributors and end customers, led by our broad industrial business. Design win momentum continued during the first quarter, exceeding both our internal targets and our 2025 run rate, which was a prior record year for the company. This performance underscores the breadth and depth of our innovative product portfolio across end applications.

Our leading indicators point to both near- and long-term strength, with book-to-bill ratio at a multi-year high and two quarters of record design wins, reinforcing our conviction in Silicon Labs' durable growth trajectory. At the same time, our proposed merger with Texas Instruments continues to advance, and we remain focused on disciplined execution and delivering for our customers."

First Quarter Financial Highlights

Revenue was $214 million, up 20% year-over-year Industrial & Commercial revenue was $128 million, up 33% year-over-year Strength in electronic shelf labels and smart metering end applications Home & Life revenue was $86 million, up 5% year-over-year Medical end applications revenue grew by 21% year-over-year Results on a GAAP basis:

GAAP gross margin was 59.5% GAAP operating expenses were $144 million GAAP operating loss was $17 million GAAP effective tax rate was (16.1)% GAAP diluted loss per share was $(0.48) Results on a non-GAAP basis, excluding the impact of stock compensation, amortization of acquired intangible assets, acquisition-related costs, and certain other items as set forth in the below GAAP to Non-GAAP reconciliation tables were as follows:

Non-GAAP gross margin was 59.7% Non-GAAP operating expenses were $109 million Non-GAAP operating income was $18 million Non-GAAP effective tax rate was 18%, which is the expected long-term rate for the remainder of the year Non-GAAP diluted earnings per share was $0.53 Due to the announced pending acquisition of Silicon Labs by Texas Instruments, Silicon Labs has suspended providing forward-looking guidance.

About Silicon Labs

Silicon Labs (NASDAQ: SLAB) is the leading innovator in low-power wireless connectivity, building embedded technology that connects devices and improves lives. Merging cutting-edge technology into the world's most highly integrated SoCs, Silicon Labs provides device makers the solutions, support, and ecosystems needed to create advanced edge connectivity applications. Headquartered in Austin, Texas, Silicon Labs has operations in over 16 countries and is the trusted partner for innovative solutions in the smart home, industrial IoT, and smart cities markets. Learn more at silabs.com.

Forward-Looking Statements

This press release contains forward-looking statements regarding Silicon Labs' current expectations, which are based on its current views and assumptions. The words "believe", "estimate", "expect", "intend", "anticipate", "plan", "project", "will", and similar phrases as they relate to Silicon Labs are intended to identify such forward-looking statements, although the absence of such words does not necessarily mean a statement is not forward-looking. These forward-looking statements include, but are not limited to, Silicon Labs' expectations regarding its near- and long-term strength and durable growth trajectory and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations that are expressed or implied herein. Among the factors that could cause actual results to differ materially from those in the forward-looking statements are the following: our ability to complete the merger with Texas Instruments within the time frame expected, or at all, as well as potential disruptions in our business and restrictions on our activities during the pendency of the merger; fluctuating changes in global trade policies, including the imposition of tariffs, duties, trade sanctions, or other barriers to international commerce; the impact of the current global memory chip shortage; the competitive and cyclical nature of the semiconductor industry; the challenging macroeconomic environment, including disruptions in the financial services industry; geographic concentration of manufacturers, assemblers, test service providers and customers in Asia that subjects Silicon Labs' business and results of operations to risks of natural disasters, epidemics or pandemics, war and political unrest; risks that demand and the supply chain may be adversely affected by military conflict (including in the Middle East, and between Russia and Ukraine), terrorism, sanctions or other geopolitical events globally (including in the Middle East, and conflict between Taiwan and China); risks that Silicon Labs may not be able to maintain its historical growth; quarterly fluctuations in revenues and operating results; difficulties developing new products that achieve market acceptance; risks associated with international activities (including trade barriers, particularly with respect to China); intellectual property litigation risks; risks associated with acquisitions and divestitures; product liability risks; difficulties managing and/or obtaining sufficient supply from Silicon Labs' distributors, manufacturers and subcontractors; dependence on a limited number of products; absence of long-term commitments from customers; inventory-related risks; difficulties managing international activities; risks that Silicon Labs may not be able to manage strains associated with its growth; credit risks associated with its accounts receivable; dependence on key personnel; stock price volatility; the impact of public health crises on the U.S. and global economy; debt-related risks; capital-raising risks; the timing and scope of share repurchases and/or dividends; average selling prices of products may decrease significantly and rapidly; information technology risks; cyber-attacks against Silicon Labs' products and its networks; risks associated with any material weakness in our internal controls over financial reporting; risks relating to compliance with laws and regulations; and other factors that are detailed in the SEC filings of Silicon Laboratories Inc. Silicon Labs disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. References in this press release to Silicon Labs shall mean Silicon Laboratories Inc.

Note to editors: Silicon Laboratories, Silicon Labs, the "S" symbol, and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.

Silicon Laboratories Inc.

Condensed Consolidated Statements of Operations

(In thousands, except per share data)

(Unaudited)

Three Months Ended

April 4,
2026

April 5,
2025

Revenues

$       213,500

$       177,714

Cost of revenues

86,502

79,937

Gross profit

126,998

97,777

Operating expenses:

Research and development

88,594

88,219

Selling, general and administrative

55,486

41,638

Operating expenses

144,080

129,857

Operating loss

(17,082)

(32,080)

Other income (expense):

Interest income and other, net

3,626

3,793

Interest expense

(232)

(284)

Loss before income taxes

(13,688)

(28,571)

Provision for income taxes

2,209

1,899

Net loss

$        (15,897)

$        (30,470)

Loss per share:

Basic

$          (0.48)

$          (0.94)

Diluted

$          (0.48)

$          (0.94)

Weighted-average common shares outstanding:

Basic

32,963

32,465

Diluted

32,963

32,465

Non-GAAP Financial Measurements

In addition to the GAAP results provided throughout this document, Silicon Labs has provided non-GAAP financial measurements on a basis excluding non-cash and other charges and benefits. Details of these excluded items are presented in the tables below, which reconcile the GAAP results to non-GAAP financial measurements.

The non-GAAP financial measurements do not replace the presentation of Silicon Labs' GAAP financial results. These measurements provide supplemental information to assist management and investors in analyzing Silicon Labs' financial position and results of operations. Silicon Labs has chosen to provide this information to investors to enable them to perform meaningful comparisons of past, present and future operating results and as a means to emphasize the results of core on-going operations.

Unaudited Reconciliation of GAAP to Non-GAAP Financial Measures

(In thousands, except per share data)

Three Months Ended

April 4, 2026

Non-GAAP Income
Statement Items

GAAP

Measure

GAAP

Percent of

Revenue

Stock

Compensation

Expense

Intangible
Asset

Amortization

Acquisition-
Related Costs

Other Costs

Non-GAAP

Measure

Non-GAAP

Percent of

Revenue

Revenues

$ 213,500

Gross profit

126,998

59.5 %

$         442

$          —

$          —

$   —

$ 127,440

59.7 %

Research and development

88,594

41.5 %

11,416

2,295

—

664

74,219

34.8 %

Selling, general and
administrative

55,486

26.0 %

9,197

—

11,213

—

35,076

16.4 %

Operating expenses

144,080

67.5 %

20,613

2,295

11,213

664

109,295

51.2 %

Operating income (loss)

(17,082)

(8.0 %)

21,055

2,295

11,213

664

18,145

8.5 %

Three Months Ended

April 4, 2026

Non-GAAP Earnings (Loss)
Per Share

GAAP

Measure

Stock

Compensation

Expense*

Intangible

Asset

Amortization*

Acquisition-
Related
Costs*

Other

Costs*

Income

Tax

Adjustments**

Non-

GAAP

Measure

Net income (loss)

$  (15,897)

$     21,055

$       2,295

$      11,213

$     664

$       (1,668)

$     17,662

Shares Excluded Due to Net Loss

Diluted shares outstanding

32,963

585

33,548

Diluted earnings (loss) per share

$    (0.48)

$        0.53

*  Represents pre-tax amounts

**  Represents the application of an 18% non-GAAP tax rate

Silicon Laboratories Inc.

Condensed Consolidated Balance Sheets

(In thousands, except per share data)

(Unaudited)

April 4,
2026

January 3,
2026

Assets

Current assets:

Cash and cash equivalents

$       383,089

$       364,222

Short-term investments

55,767

79,400

Accounts receivable, net

77,120

64,513

Inventories

103,232

95,566

Prepaid expenses and other current assets

57,113

70,316

Total current assets

676,321

674,017

Property and equipment, net

131,821

128,643

Goodwill

376,389

376,389

Other intangible assets, net

20,836

23,130

Other assets, net

61,094

67,138

Total assets

$     1,266,461

$     1,269,317

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

$         56,384

$         50,717

Deferred revenue and returns liability

9,822

5,359

Other current liabilities

66,273

87,711

Total current liabilities

132,479

143,787

Other non-current liabilities

35,448

31,112

Total liabilities

167,927

174,899

Commitments and contingencies

Stockholders' equity:

Preferred stock – $0.0001 par value; 10,000 shares authorized; no shares issued

—

—

Common stock – $0.0001 par value; 250,000 shares authorized; 32,968 and 32,955
shares issued and outstanding at April 4, 2026 and January 3, 2026, respectively

3

3

Additional paid-in capital

177,551

157,402

Retained earnings

920,917

936,814

Accumulated other comprehensive income

63

199

Total stockholders' equity

1,098,534

1,094,418

Total liabilities and stockholders' equity

$     1,266,461

$     1,269,317

Silicon Laboratories Inc.

Condensed Consolidated Statements of Cash Flows

(In thousands)

(Unaudited)

Three Months Ended

April 4,
2026

April 5,
2025

Operating Activities

Net loss

$        (15,897)

$        (30,470)

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

Depreciation of property and equipment

6,047

6,248

Amortization of other intangible assets

2,295

5,437

Stock-based compensation expense

21,055

19,714

Deferred income taxes

1,153

(1,514)

Changes in operating assets and liabilities:

Accounts receivable

(12,608)

2,412

Inventories

(7,616)

22,098

Prepaid expenses and other assets

6,813

2,973

Accounts payable

3,387

9,234

Other current liabilities and income taxes

(7,415)

11,870

Deferred revenue and returns liability

4,463

3,405

Other non-current liabilities

3,257

(3,279)

Net cash provided by operating activities

4,934

48,128

Investing Activities

Purchases of marketable securities

—

(19,728)

Sales of marketable securities

—

10,005

Maturities of marketable securities

23,461

10,675

Purchases of property and equipment

(9,837)

(4,852)

Proceeds from capital-related government incentives

1,265

—

Net cash provided by (used in) investing activities

14,889

(3,900)

Financing Activities

Payment of taxes withheld for vested stock awards

(956)

(958)

Net cash used in financing activities

(956)

(958)

Increase in cash and cash equivalents

18,867

43,270

Cash and cash equivalents at beginning of period

364,222

281,607

Cash and cash equivalents at end of period

$       383,089

$       324,877

SOURCE Silicon Labs

Dual-Band EFR32FG28 Wireless SoC Enables Secure, Interoperable RF Mesh Networking for India's Smart Energy Meter Rollout

, /PRNewswire/ -- Comminent®, an innovator in next-generation IoT communication network platforms, and Silicon Labs (NASDAQ: SLAB), the leading innovator in low-power wireless, today announced a major milestone for India's smart grid infrastructure with the successful shipment of over 500,000 Wi-SUN-compliant communication modules powered by Silicon Labs' EFR32FG28 Wireless SoC.

The FG28 dual-band SoC from Silicon Labs supports sub-Ghz wireless protocols and Bluetooth LE.

Comminent's FG28-equipped module. Scaling Wi-SUN for India's Smart Grid Modernization
India's Revamped Distribution Sector Scheme (RDSS) is driving one of the world's largest infrastructure transformations. To support this ambitious smart meter rollout, the Bureau of Indian Standards (BIS) officially adopted the global Wi-SUN Field Area Network (FAN) specification (IEEE 2857-2021 and ISO/IEC/IEEE 32857:2026) as the national standard (IS 18010) for smart meter RF communication networks. This standardization ensures secure, interoperable wireless mesh networks for large-scale Advanced Metering Infrastructure (AMI), smart cities, and IoT applications.

"Comminent's 500,000-unit milestone highlights the growing adoption of Wi-SUN in large-scale deployments," said Ross Sabolcik, Senior Vice President of Product Lines at Silicon Labs. "We are proud to partner with Comminent to provide the robust, scalable, and highly secure underlying technology needed to support India's ambitious grid modernization efforts and deliver reliable connectivity to millions."

Solving Complex Deployment Challenges at Scale
Comminent's deep focus on solving India's complex deployment challenges is central to delivering scalable and reliable rollouts. As utilities move closer to real-time monitoring and grid resilience, interoperable and self-healing networks like Wi-SUN are functioning as the primary infrastructure for large-scale deployment.

"India's smart metering rollout is one of the largest infrastructure transformations, and this milestone reflects the growing shift toward scalable, utility-grade communication networks like Wi-SUN," said Amarjeet Kumar, Founder & CEO of Comminent. "Our collaboration with Silicon Labs strengthens our ability to deliver high-performance communication modules engineered for advanced smart grid deployments."

Built on the EFR32FG28 Wireless SoC for Resilient, Utility-Grade Connectivity
To meet these demands, Comminent's communication module is powered by Silicon Labs' EFR32FG28 Wireless SoC, architected specifically for large-scale smart grid and industrial IoT applications. The EFR32FG28 platform enables reliable, long-range connectivity in demanding field environments, offering key advantages including:

Optimized Dual-Band Connectivity: Combines a high-performance, long-range Sub-GHz radio optimized for India's RF environment with a 2.4 GHz Bluetooth LE radio for increased design flexibility. Resilient Processing & Infrastructure: Features a high-performance multi-core architecture with dedicated ARM cores for application processing, radio, and edge intelligence, complemented by ample memory to deliver robust mesh networking performance in dense urban and geographically distributed deployments. Enterprise-Grade Security: Powered by Silicon Labs' Secure Vault™ technology with PSA Level 3 certification, delivering secure key storage, anti-tamper capabilities, and advanced hardware cryptographic acceleration. This combination enables utilities to deploy scalable, secure, and future-ready Wi-SUN networks capable of supporting millions of endpoints. With capabilities proven in India's large-scale deployments, Comminent is expanding into global smart grid markets, including the United States, Japan, and emerging energy-transition regions.

To learn more about how Silicon Labs is powering the next generation of smart grids, explore the EFR32FG28 Wireless SoC and our Wi-SUN solutions.

About Comminent
Comminent Pvt Ltd, headquartered in Bengaluru, Karnataka, offers IPv6-compliant open standards-based machine-to-machine (M2M) communication solutions that are device agnostic and built to provide high reliability. The company's state-of-the-art device management platform is powered by AI/ML tools combined with edge-computing technologies to ensure faster decision-making and trigger control actions based on predefined policies. Comminent has proven expertise in large-scale IoT networks, providing a variety of communication solutions and engineering tools to silicon vendors, module and product OEMs, system integrators, and service providers.

About Silicon Labs
Silicon Labs (NASDAQ: SLAB) is the leading innovator in low-power connectivity, building embedded technology that connects devices and improves lives. Merging cutting-edge technology into the world's most highly integrated SoCs, Silicon Labs provides device makers with the solutions, support, and ecosystems needed to create advanced edge connectivity applications. Headquartered in Austin, Texas, Silicon Labs has operations in over 16 countries and is the trusted partner for innovative solutions in smart home, industrial IoT, and smart cities markets. Learn more at https://www.silabs.com.

SOURCE Silicon Labs

Daraxonrasib demonstrated unprecedented survival benefit in Phase 3 RASolute 302 trial in previously treated metastatic pancreatic cancer; detailed results will be presented in upcoming ASCO Plenary presentation RASolute 302 data planned for submission to global regulatory authorities, including the U.S. Food and Drug Administration AACR 2026 presentations reinforce the breadth and strength of company's RAS(ON) portfolio, highlighting continued progress and novel approaches to RAS(ON) inhibition Strengthened financial position with financings totaling $2.2 billion in gross proceeds Revolution Medicines to hold webcast today at 4:30 p.m. Eastern Time REDWOOD CITY, Calif.

REDWOOD CITY, Calif., May 06, 2026 (GLOBE NEWSWIRE) -- Revolution Medicines, a late-stage clinical oncology company developing targeted therapies for patients with RAS-addicted cancers, today announced that The New England Journal of Medicine (NEJM) has published a report describing data from the Phase 1/2 clinical trial evaluating daraxonrasib, a RAS(ON) multi-selective inhibitor, in patients with previously treated metastatic RAS mutant pancreatic ductal adenocarcinoma (PDAC). The promising Phase 1/2 findings provided important insights supporting initiation of the company’s global, randomized Phase 3 registrational trial, RASolute 302. Revolution Medicines recently announced positive topline results from the RASolute 302 clinical trial showing an unprecedented overall survival benefit with daraxonrasib compared to standard of care cytotoxic chemotherapy, consistent with the Phase 1/2 single-arm observations.

“RAS mutations are a central driver of disease across multiple solid tumors, including particularly pancreatic ductal adenocarcinoma. There is significant room for improvement in outcomes over current standard of care -- cytotoxic chemotherapies that are not targeted to these underlying RAS cancer drivers,” said Alan Sandler, M.D., chief development officer of Revolution Medicines. “Data from the Phase 1/2 trial show that daraxonrasib demonstrated promising clinical antitumor activity and durable responses, with an acceptable safety and tolerability profile, in patients with previously treated metastatic RAS mutant PDAC. These results, along with those from our Phase 3 trial, RASolute 302, strengthen our confidence in daraxonrasib’s potential to establish an important new treatment option for patients with pancreatic cancer and other RAS-addicted cancers.”

The data published in NEJM reflect outcomes in the PDAC cohort from the RMC-6236-001 trial (NCT05379985), an open-label, multicenter Phase 1/2 trial evaluating daraxonrasib monotherapy in patients previously treated for metastatic solid tumors harboring RAS mutations.

In addition to RASolute 302, daraxonrasib is being evaluated in three other global Phase 3 registrational trials, including in patients with PDAC in earlier treatment lines and those with metastatic RAS mutant non-small cell lung cancer.

About Pancreatic Cancer and Pancreatic Ductal Adenocarcinoma
Pancreatic cancer is one of the most lethal malignancies, characterized by its typically late-stage diagnosis, resistance to standard chemotherapy, and high mortality rate. In the U.S., recent estimates indicate that annually approximately 60,000 people are diagnosed with pancreatic cancer, and about 50,000 people will die from this aggressive disease.1

Due to the lack of early symptoms and detection methods, approximately 80% of patients are diagnosed with PDAC at an advanced or metastatic stage. It is the most common RAS-addicted malignancy of all major cancers, and more than 90% of patients have tumors that harbor RAS mutations.2 Metastatic PDAC remains one of the most common causes of cancer-related deaths in the U.S., with a five-year survival rate of approximately 3%.3,4

About Daraxonrasib
Daraxonrasib is an investigational, oral RAS(ON) multi-selective, non-covalent inhibitor that is not approved by any regulatory authority, including in the United States or Europe. The U.S. Food and Drug Administration (FDA) granted daraxonrasib Breakthrough Therapy Designation and Orphan Drug Designation for the treatment of patients with previously treated metastatic pancreatic ductal adenocarcinoma (PDAC) harboring G12 mutations. In addition, daraxonrasib was selected for the FDA Commissioner’s National Priority Voucher pilot program, which is intended to accelerate the development and review of therapies aligned with U.S. national health priorities.

Daraxonrasib is designed to target cancers driven by a broad range of common RAS mutations, including PDAC, non-small cell lung cancer (NSCLC), and colorectal cancer. In addition to the RASolute 302 trial, daraxonrasib is being evaluated in three other global Phase 3 registrational trials, including in patients with PDAC and metastatic RAS mutant NSCLC.

Daraxonrasib works by suppressing RAS signaling through inhibition of the interaction between both wild-type and mutant RAS(ON) proteins and their downstream effectors.

About Revolution Medicines, Inc.
Revolution Medicines is a late-stage clinical oncology company developing novel targeted therapies for patients with RAS-addicted cancers. The company’s R&D pipeline comprises RAS(ON) inhibitors designed to suppress diverse oncogenic variants of RAS proteins. The company’s RAS(ON) inhibitors daraxonrasib (RMC-6236), a RAS(ON) multi-selective inhibitor; elironrasib (RMC-6291), a RAS(ON) G12C-selective inhibitor; zoldonrasib (RMC-9805), a RAS(ON) G12D-selective inhibitor; and RMC-5127, a RAS(ON) G12V-selective inhibitor, are currently in clinical development. Additional development opportunities in the company’s pipeline focus on RAS(ON) mutant-selective inhibitors, including RMC-0708 (Q61H) and RMC-8839 (G13C). For more information, please visit www.revmed.com and follow us on LinkedIn.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements in this press release that are not historical facts may be considered "forward-looking statements," including without limitation statements regarding progression of clinical studies and findings from these studies, including the safety, tolerability and antitumor activity of the company’s candidates being studied and the durability of these results; dosing and enrollment in the company’s clinical trials; the company’s expectations regarding from clinical trials; and the potential of daraxonrasib to estalish a new treatment option for patients with pancreatic cancer or other RAS-addicted cancers. Forward-looking statements are typically, but not always, identified by the use of words such as "may," "will," "would," "believe," "intend," "plan," "anticipate," "estimate," "expect," and other similar terminology indicating future results. Such forward-looking statements are subject to substantial risks and uncertainties that could cause the company’s development programs, future results, performance or achievements to differ materially from those anticipated in the forward-looking statements. Such risks and uncertainties include without limitation risks and uncertainties inherent in the drug development process, including the company’s programs’ current stage of development, the process of designing and conducting preclinical and clinical trials, risks that the results of prior clinical trials may not be predictive of future clinical trials, clinical efficacy, or other future results, the regulatory approval processes, the timing of regulatory filings, the challenges associated with manufacturing drug products, the company’s ability to successfully establish, protect and defend its intellectual property, other matters that could affect the sufficiency of the company’s capital resources to fund operations, reliance on third parties for manufacturing and development efforts, changes in the competitive landscape, and the effects on the company’s business of the global events, such as international conflicts or global pandemics. For a further description of the risks and uncertainties that could cause actual results to differ from those anticipated in these forward-looking statements, as well as risks relating to the business of Revolution Medicines in general, see Revolution Medicines’ Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on November 5, 2025, and its future periodic reports to be filed with the SEC. Except as required by law, Revolution Medicines undertakes no obligation to update any forward-looking statements to reflect new information, events or circumstances, or to reflect the occurrence of unanticipated events.

Revolution Medicines Media & Investor Contact:
[email protected]
[email protected]

____________________

1 Siegel RL, Giaquinto AN, Jemal A. Cancer statistics, 2024. CA Cancer J Clin. 2024;74(1):12-49. doi:10.3322/caac.21820

2Lee JK, Sivakumar S, Schrock AB, et al. Comprehensive pan-cancer genomic landscape of KRAS altered cancers and real-world outcomes in solid tumors. NPJ Precis Oncol. 2022;6(1);91. doi:10.1038/s41698-022-00334-z.

3Halbrook CJ, Lyssiotis CA, Pasca di Magliano M, Maitra A. Pancreatic cancer: Advances and challenges. Cell. 2023;186(8):1729-1754. doi:10.1016/j.cell.2023.02.014

4American Cancer Society. Survival Rates for Pancreatic Cancer. Available at: https://www.cancer.org/cancer/types/pancreatic-cancer/detection-diagnosis-staging/survival-rates.html. Accessed May 2026.

SummaryCompaniesFDA allows expanded access to Revolution Medicines' experimental pancreatic cancer drugOncologists face logistical hurdles and resource strain to enroll patients in early access programDrug targets mutation that occurs in 90% of pancreatic cancersMay 14 (Reuters) - U.S. cancer centers are scrambling to enroll patients in an early access program for a highly promising pancreatic cancer ​drug from Revolution Medicines (RVMD.O), opens new tab while they await what they hope will be a speedy FDA approval.

The Food and Drug Administration allowed the expanded access program on May 1, ‌less than three weeks after Revolution said the once-daily pill, daraxonrasib, doubled survival in a clinical trial of patients with advanced pancreatic cancer, among the deadliest of cancers with one of the lowest 5-year survival rates.

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The company had asked the FDA for permission to make it available free-of-charge for patients with previously treated pancreatic cancer that has spread to other parts of the body.

"The public caught wind of the FDA announcement... which has triggered a deluge of patient requests," ​said Dr. Daniel King, medical oncologist at the Zuckerberg Cancer Center of Northwell Health. "Cancer centers are all figuring out how to engage with our own institutions, opening up the protocols ​to provide access."

Oncologists said getting approval and managing the expanded access program will take time and require cancer centers to dedicate substantial resources outside of ⁠their usual operations.

The drug was one of the first products accepted by the FDA last year for its new expedited review process, and could potentially get approval a month or two after a complete ​application is filed.

Revolution Medicines CEO Mark Goldsmith, speaking on a conference call last week, did not give a time frame for a full FDA submission. "There's a full-throttle effort to do it," he said.

The Redwood ​City, California-based company said it has already experienced high demand for the drug and expects it to remain high throughout the early-access program.

"We are actively supporting physicians through this process with safe, compliant, and rapid patient access as our top priority," Revolution said in a statement.

"All requests must be initiated by a licensed treating physician and reviewed by an institutional review board," the company said, adding that it expects to be able to respond to requests ​from physicians within two business days of receipt.

A BREAKTHROUGH TO BUILD ONFormer Nebraska U.S. Senator Ben Sasse recently revealed that he has Stage 4 pancreatic cancer and told the CBS news program "60 Minutes" that ​he is taking the Revolution drug.

The drug, which targets a genetic mutation found in about 90% of pancreatic cancers, was shown in a clinical trial to extend median survival to 13.2 months compared with 6.7 months for patients ‌on chemotherapy.

"Doubling ⁠survival compared to best available chemotherapy is a big deal," said Dr. Gulam Manji, co-director of the pancreas center at Columbia/New York-Presbyterian. "It is not a cure, but I think that this drug is a new breakthrough we can build on."

In a 10-year career, Manji could recall seeking compassionate use of an experimental drug for just one other patient. On a recent day in the clinic, the Columbia oncologist said seven patients asked him about starting treatment with daraxonrasib.

Getting them access is not as simple as writing a prescription for an FDA-approved drug, he and other cancer specialists said.

"Patients are already aware of the ​press release and are already calling," said Dr. ​Vincent Chung, pancreas cancer specialist at City ⁠of Hope. "The challenge now is how to proceed."

The program requires physicians to submit requests for each individual patient to Revolution Medicines, Chung said, and if the company decides they are a good candidate, all those details then need to be submitted to the FDA. Hospital monitoring boards will need to ​follow the patients.

"Given the volume, I am not sure what will happen on the FDA side. I'm sure they don't want to have 10,000 ​applications at once," Chung said, ⁠adding that the agency may instead set up a more general enrollment protocol.

Manji said his understanding is that cancer centers will not be required to collect detailed data on patients treated under the expanded access program, but will need to report serious side effects or other issues.

The FDA did not respond to a request for comment. The expedited voucher program was touted as a signature achievement by Dr. Marty Makary, who resigned ⁠as FDA Commissioner ​on Tuesday after weeks of clashes with Trump administration officials.

Around 67,000 people in the United States will be diagnosed, opens new tab with pancreatic ​cancer this year, and 53,000 will die of the disease, according to the American Cancer Society.

"We are doing this as a service to our patients," Chung said. "I'm hoping of course that the FDA is going to review the data and then ​there is an approval much sooner than is typical."

Reporting By Deena Beasley in Los Angeles and Nancy Lapid in Tucson; additional reporting by Julie Steenhuysen in Chicago; editing by Caroline Humer and Bill Berkrot

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Nancy has been a health news reporter and editor at Reuters for more than a decade, covering important medical research advances. She is the author of our twice-a-week Reuters Health Rounds newsletter.

GraniteShares has filed with the U.S. Securities and Exchange Commission to launch three new leveraged single-stock ETFs tied to high-volatility themes spanning nuclear energy, AI infrastructure and biotech.

• What’s going on with XE stock today?

The filing introduces the GraniteShares 2x Long XE Daily ETF, GraniteShares 2x Long MAIR Daily ETF and GraniteShares 2x Long RVMD Daily ETF, each designed to deliver 200% of the daily performance of their respective underlying stocks.

The filing highlights how issuers continue expanding beyond leveraged funds tied to mega-cap names such as Nvidia and Tesla, moving deeper into speculative and momentum-driven corners of the market.

GraniteShares also emphasized that the products are intended primarily for sophisticated investors and active traders capable of monitoring positions daily, underscoring the growing risks associated with leveraged single-stock products as retail demand for high-beta trades remains elevated.

Key Features Of The Proposed ETFs• Each fund seeks to provide 200% of the DAILY performance of its underlying stock.

• GraniteShares said the funds may use:

Swaps Deep in-the-money call options FLEX options Synthetic forwards Firect stock holdings •The issuer indicated swaps would likely serve as the primary mechanism for obtaining leveraged exposure.

• The filing says the funds are designed for active traders and investors who can monitor positions daily.

Ticker symbols have not been disclosed yet.

These ETFs arrive as markets lean harder into AI infrastructure expansion, nuclear power revival and biotech momentum trades, with data center energy demand and next-gen chip buildouts driving renewed interest in high-volatility thematic baskets. Leveraged single-stock products have also seen rising traction as traders increasingly rotate into "high-beta" expressions of structural themes rather than broad index exposure.

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This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Expense ratios, yield, and sector breadth set these healthcare ETFs apart-see how their risk profiles and portfolio strategies compare.

Few cancers have proven as difficult to treat as pancreatic cancer, making any sign of a survival breakthrough a major event for both patients and investors.

Key Takeaways Revolution Medicines reported phase III data showing daraxonrasib cut death risk by 60% in PDAC.RVMD's daraxonrasib doubled median overall survival versus standard-of-care chemotherapy in the study.Revolution Medicines reported significant progression-free survival gains and a manageable safety profile. Shares of Revolution Medicines (RVMD - Free Report) were rising in pre-market today after the company reported full results from the phase III RASolute 302 study, which evaluated lead candidate daraxonrasib in previously treated patients with metastatic pancreatic ductal adenocarcinoma (PDAC). These findings were also presented at the 2026 ASCO Annual Meeting yesterday and simultaneously published in the New England Journal of Medicine.

Though Revolution Medicines previously reported in April that the study met all primary and secondary endpoints based on interim analysis, the latest findings provide a more comprehensive look at the drug’s clinical benefit.

RVMD’s Detailed RASolute 302 Data Highlights Treatment AdvantageThe study enrolled a broad patient population, including those with diverse RAS mutations, particularly G12 variants, as well as those without identifiable RAS mutations. Participants were randomized to receive either 300 mg of oral daraxonrasib once daily or standard-of-care cytotoxic chemotherapy delivered intravenously. The primary endpoints included overall survival (OS) and progression-free survival (PFS) in patients with RAS G12-mutant tumors, while key secondary endpoints assessed these outcomes in the overall study population.

Across the RAS G12 population, daraxonrasib reduced the risk of death by 60% compared with standard chemotherapy and achieved a median OS of 13.2 months compared to 6.6 months for chemotherapy. The drug also demonstrated a significant benefit on PFS, with median PFS improving to 7.3 months from 3.5 months with chemotherapy.

Similar benefits were seen across the overall study population. Daraxonrasib reduced the risk of death by 60% and improved median OS to 13.2 months compared with 6.7 months for chemotherapy. Median PFS stood at 7.2 months for daraxonrasib versus 3.6 months with chemotherapy.

The drug was generally well-tolerated and demonstrated a manageable safety profile. Management noted that patients receiving daraxonrasib experienced meaningful improvements in patient-reported outcomes, including significant delays in the deterioration of cancer-related pain, overall global health status and quality of life.

Per Revolution Medicines, these findings strengthen daraxonrasib's potential to become a new treatment option for previously treated metastatic PDAC, a setting where effective therapies remain limited.

Based on the above data, the company intends to advance regulatory submissions globally. For the FDA submission, RVMD plans to use the Commissioner’s National Priority Voucher to significantly cut down the review period to just 1-2 months.

RVMD Stock’s Price PerformanceYear to date, the company’s shares have risen 98% compared with the industry’s nil growth.

Image Source: Zacks Investment Research

More on RVMD’s DaraxonrasibDaraxonrasib is designed to target a broad spectrum of RAS-driven cancers, including PDAC, non-small cell lung cancer (NSCLC) and colorectal cancer.

Apart from RASolute 302, Revolution Medicines is evaluating daraxonrasib for several other settings in PDAC. While the RASolute 303 study is assessing the drug for the first-line metastatic setting of the disease, the RASolute 304 study is evaluating its efficacy as an adjuvant therapy for patients with resectable PDAC.

Concerning NSCLC, the company is conducting the RASolve 301 study on daraxonrasib in patients with locally advanced or metastatic RAS-mutated NSCLC. It is on track to start a fifth late-stage study of the drug in the first-line NSCLC setting later this year.

To further strengthen its position in RAS-driven cancers, Revolution Medicines has established multiple clinical collaborations to evaluate daraxonrasib and its other RAS inhibitors in combination regimens. These partnerships include collaborations with Bristol Myers (BMY - Free Report) , Summit Therapeutics (SMMT - Free Report) and Tango Therapeutics (TNGX - Free Report) .

RVMD’s Zacks Rank

Revolution Medicines currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Revolution Medicines (RVMD +3.13%) looks unstoppable. The clinical-stage biotech company has been riding the wave of impressive clinical progress, sending its stock price up nearly 100% this year alone and about 285% over the past 12 months, as of this writing. The market clearly has high hopes for Revolution Medicines, but can the company live up to the expectations? Let's consider the bull and the bear case for this drugmaker.

The bull case: revolutionizing the cancer market Revolution Medicines focuses on developing drugs for RAS-addicted cancers. RAS is a family of proteins that act as molecular switches in controlling cell growth. They can be turned "on" or "off." In RAS-addicted cancers, mutations keep RAS stuck in the "on" position, and the cancer cells become dependent on that constant growth signal to proliferate. Revolution Medicines is targeting this category because it is a vast, high-unmet-need space. The company's targets include pancreatic cancer, colorectal cancer -- the second leading cause of cancer death in the world -- as well as the first on that list, lung cancer.

Image source: Getty Images.

Revolution Medicines may not have any products on the market, but its leading candidate, daraxonrasib, has already shown strong clinical trial results. In a phase 3 study that enrolled patients with previously treated metastatic pancreatic cancer, daraxonrasib posted an overall survival of 13.2 months, compared with 6.7 months for patients on chemotherapy. Being tested against the standard of care (not just against a placebo) in this study suggests that daraxonrasib could become the new standard of care in patients in this niche.

Revolution Medicines is running clinical trials for daraxonrasib in other indications, including a phase 3 study in non-small cell lung cancer (NSCLC). Revolution Medicines has other candidates as well. The company's zoldonrasib is being studied in NSCLC. Provided these candidates receive approval, Revolution Medicines could be looking at peak sales of well over $1 billion for both, if all goes well. For instance, some analysts predict that daraxonrasib could eventually generate $8.5 billion in revenue annually in the metastatic pancreatic cancer market alone. And if it earns approval across many other fields, it could peak at much higher levels than that. That's why the market is excited about Revolution Medicines' prospects.

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The bear case: What if something goes wrong? Revolution Medicines faces the same risks as other clinical-stage biotechs. The company generates no revenue and is consistently unprofitable. Clinical and regulatory setbacks with its leading candidate will sink the stock price. Further, Revolution Medicines is worth $33.6 billion. That's an almost unheard-of valuation for a clinical-stage biotech. By comparison, consider that Biogen, a well-established biotech company with a large drug portfolio and a solid pipeline, has a market cap of only $29.3 billion. So, the market thinks Revolution Medicines is worth about $4 billion more than Biogen.

On the one hand, it makes some sense. The market is, after all, forward-looking. And while Biogen has struggled in recent years and has a somewhat dim outlook, Revolution Medicines appears to have developed medicines that could establish dominant positions in one of the industry's largest therapeutic areas, typically dominated by pharmaceutical giants. The company's most advanced drug is significantly de-risked, too, having aced a phase 3 study on efficacy measures while showing a reasonable safety profile.

Still, at current levels, Revolution Medicines' success is already well-baked into the stock price, and any perceived issue will send its shares off a cliff. In other words, Revolution Medicines is a risky stock. My view is that interested investors should wait for a pullback before initiating a small position in the company and progressively add to it as the drugmaker continues to make clinical progress.

A diagnosis of pancreatic cancer is one of the most feared things in medicine. The disease has the highest mortality rate of all cancers. In 2026, roughly 67,530 Americans will be diagnosed with the disease in the U.S., and more than 52,740 will die from it, according to statistics from the Hirshberg Foundation for Pancreatic Cancer Research.

On May 31, Revolution Medicines (RVMD +3.13%) presented its Phase 3 trial findings for daraxonrasib, showing that this therapy, compared to chemotherapy, cut the risk of death by about 60% and more than doubled survival for patients with advanced pancreatic cancer.

It is the first time any drug has pushed median overall survival past the one-year threshold in a Phase 3 trial for metastatic pancreatic cancer. On hearing that news, oncologists at a conference gave Revolution a standing ovation.

It was a huge moment for the clinical-stage biotech. The stock is up more than 85% this year, as its name has been bandied about as a potential buyout target. Even if that doesn't happen because the stock's value has increased so much, the company is sitting on a very profitable drug.

There are three reasons why the stock remains a buy:

Image source: Getty Images.

1. There is a clear commercial runway for daraxonrasib Revolution Medicines is no longer just a distant pipeline story; it has entered the pre-commercial execution phase. After releasing the data, the company is advancing a rolling New Drug Application (NDA) submission for daraxonrasib with the Food and Drug Administration (FDA).

The FDA has already approved an Expanded Access Program for daraxonrasib, creating massive immediate demand from major U.S. cancer centers rushing to secure the drug for terminal patients ahead of official commercialization. The drug works by blocking the RAS protein, which drives tumor growth in more than 90% of pancreatic cancer cases, as well as other cancers.

Just having the treatment for pancreatic cancer is worth billions, but the drug is also being tested as a therapy to treat other RAS-addicted cancers, including certain colorectal and non-small cell lung cancers.

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2. Revolution has a diverse, plural pipeline Biotech investing is notoriously risky when a company relies on a single asset. Revolution mitigates that problem with a portfolio of RAS inhibitors addressing different mutations and indications.

Besides daraxonrasib, the company is advancing zoldonrasib (RMC-9805) for KRAS G12D mutants (showing highly encouraging initial data in non-small cell lung cancer) and elironrasib (RMC-6291), targeting KRAS G12C mutations.

The science behind the company's therapies is the ability to use its platform to block oncogenic signaling by RAS(ON) proteins, which are traditionally difficult targets. The company designs molecules that bind to the "chaperone protein" cyclophilin A, forming an interface that can be tailored to bind to different RAS(ON) proteins.

3. Revolution has a big cash stockpile and takeover possibilities Revolution isn't profitable. In the first quarter, the company reported a loss of $453.8 million. However, the company has roughly $4 billion in cash and short-term investments. At its current burn rate, it has two years to bring daraxonrasib to market without needing to dilute shareholders with late-stage capital raises.

That gives the company flexibility to go it alone, using daraxonrasib sales to fund its development, or court larger pharmaceutical companies that would love to buy out Revolution for the opportunity to inherit its platform.

Revolution backed away from a buyout deal from Merck in January that would have valued Revolution at between $28 billion and $32 billion. It's easy to see now why, as the stock's market cap is already over $32 billion. There are other pharmaceutical giants with drugs facing patent cliffs that could pursue a takeover of Revolution.

Revolution Medicines has great potential with some risk Revolution is the classic high-risk, high-reward biotech stock. If daraxonrasib doesn't come to market by the end of the year, the stock could easily plunge. It's important to note that the ability to develop a successful drug is a different skill set from running a successful company.

There's plenty of reason for optimism here. The stock, even after the run-up, is trading at around $148 per share, well below analysts' average price targets, which range between $165 and $182.

It remains a high-conviction play purely on execution, commercial rollout, and potential future interest from larger pharma suitors looking to bolster their oncology pipelines.

While the top- and bottom-line numbers for Packaging Corp. (PKG) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Packaging Corporation of America delivered strong Q1 results, with EPS of $2.40 beating guidance and revenue up 11% to $2.4 billion. PKG continues to gain market share but faces margin pressure from elevated input and freight costs and risks from sustained energy inflation. Q2 guidance of $2.33 EPS is below consensus, driven by planned maintenance outages and higher corporate expenses, but underlying demand remains robust.

Packaging Corporation of America (PKG) Q1 2026 Earnings Call Transcript

Net Income: $171 million or $1.91 per share; excluding special items, $215 million or $2.40 per share.Net Sales: $2.4 billion in Q1 2026, up from $2.1 billion

Packaging Corporation of America (NYSE: PKG) reported first-quarter 2026 net income of $171 million, or $1.91 per share, with results affected by special items tied primarily to mill restructuring and acquisition integration. Excluding special items, the company posted net income of $215 million, or $2.40 per share, up from $208 million, or $2.31 per share, in

Key Takeaways PAG will pay a $1.42 dividend on June 6 and has raised payouts 21 times in five years.PKG declared a $1.50 dividend for July 15, with a current dividend yield of 2.29%.MAR and TKR announced dividends on May 8 as inflation and tariffs keep markets volatile. Stocks have rallied lately, but the economy is facing several challenges that are impacting its health and weighing on investors’ sentiment. Uncertainty over an end to the Iran conflict, sky-high inflation and the impact of tariffs are weakening the economy.

Given the uncertainty, cautious investors looking for steady income and ways to protect their capital may consider holding or investing in dividend-paying stocks.

Such stocks provide steady earnings through regular dividend payouts and can help mitigate the effects of market volatility. Four such stocks are: Penske Automotive Group, Inc. (PAG - Free Report) , Packaging Corporation of America (PKG - Free Report) , Marriott International, Inc. (MAR - Free Report) and The Timken Company (TKR - Free Report) . Each of these stocks currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Economic Uncertainty ContinuesStocks rallied on Thursday after a key meeting between President Donald Trump and Chinese Premier Xi Jinping. The two world leaders discussed several issues, including ways to end the Iran war and allowing a smooth passage to vessels sailing through the Strait of Hormuz.

However, no concrete solution was found. A ceasefire has been in place for more than two weeks now, but neither the United States nor Iran has agreed to a second round of peace talks.

Energy costs have climbed rapidly since the Iran conflict began. Gasoline prices jumped 21.2% in March before increasing another 5.4% in April. Meanwhile, food prices rose 0.5% in April, with grocery prices advancing 0.7% during the month — the sharpest increase since August 2022.

Inflation rose for the second straight month in April. The consumer price index (CPI) rose 0.6% sequentially in April after rising 0.9% in March, the Bureau of Labor Statistics reported earlier this week. On a yearly basis, CPI climbed 3.8% in April, marking its highest level since May 2023.

Core CPI, which strips out volatile food and energy costs, advanced 0.4% month over month and was up 2.8% compared with a year earlier. The rise in inflation during April was largely driven by a 3.8% surge in energy prices, which contributed nearly 40% of the overall increase.

Also, higher tariffs are hurting consumer spending. These uncertainties could keep markets volatile for a longer period.

4 Stocks That Recently Announced Dividend HikesPenske Automotive GroupPenske Automotive Group, Inc. engages in the operation of automotive and commercial truck dealerships in the United States, the United Kingdom, Canada, Germany, Italy and Japan. PAG also distributes and retails commercial vehicles, diesel engines, gas engines, power systems and related parts and services, principally in Australia and New Zealand.

On May 13, Penske Automotive Group announced that its shareholders would receive a dividend of $1.42 a share on June 6. PAG has a dividend yield of 3.36%. Over the past five years, Penske Automotive Group has increased its dividend 21 times, and its payout ratio presently sits at 43% of earnings. Check Penske Automotive Group’s dividend history here.

Packaging Corporation of AmericaPackaging Corporation of America is the third-largest producer of containerboard products and a leading producer of uncoated freesheet paper in North America. PKG operates 10 mills and 91 corrugated products manufacturing plants.

On May 12, Packaging Corporation of America declared that its shareholders would receive a dividend of $1.50 a share on July 15. PKG has a dividend yield of 2.29%. Over the past five years, Packaging Corporation of America has increased its dividend twice, and its payout ratio presently sits at 50% of earnings. Check Packaging Corporation of America’s dividend history here.

Marriott InternationalMarriott International, Inc. is a leading worldwide hospitality company focused on lodging management and franchising after the spin-off of its timeshare business into a publicly traded company in November 2011.

On May 8, Marriott International announced that its shareholders would receive a dividend of $0.73 a share on June 30. MAR has a dividend yield of 0.77%. Over the past five years, Marriott International has increased its dividend six times, and its payout ratio presently sits at 26% of earnings. Check Marriott International’s dividend history here.

The Timken Company The Timken Company is a global manufacturer of engineered bearings and industrial motion products and related services. TKR serves a wide variety of end markets, including aerospace, automotive, construction, consumer, defense, energy, industrial equipment, health, heavy industry, machine tool, positioning control, power generation and rail markets.

On May 8, The Timken Company declared that its shareholders would receive a dividend of $0.36 a share on May 29. TKR has a dividend yield of 1.21%. Over the past five years, The Timken Company has increased its dividend six times, and its payout ratio presently sits at 25% of earnings. Check The Timken Company’s dividend history here.

Investors interested in stocks from the Containers - Paper and Packaging sector have probably already heard of Karat Packing (KRT) and Packaging Corp. (PKG). But which of these two companies is the best option for those looking for undervalued stocks?

Packaging Corporation of America's (NYSE: PKG) Chief Executive Officer, Mark Kowlzan, will speak at Wells Fargo's 16th Annual Industrials and Materials Confere

Packaging Corporation of America (PKG) Presents at 16th Annual Wells Fargo Industrials & Materials Conference Transcript

, /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, will release financial results for the second quarter (Q2) fiscal year 2026 after the close of regular trading on Thursday, April 30, 2026.

Members of Dolby management will lead a conference call open to all interested parties to discuss Q2 fiscal year 2026 financial results for Dolby Laboratories at 2:00 p.m. PT (5:00 p.m. ET) on Thursday, April 30, 2026.

The conference call can be accessed by registering online at Dolby Laboratories Q2 Fiscal Year 2026 Financial Results, at which time registrants will receive dial-in information as well as a conference ID.

A live audio webcast of the conference call will be available at http://investor.dolby.com where it will be archived for one year.

About Dolby Laboratories
Dolby Laboratories (NYSE: DLB) is a world leader in immersive entertainment. From movies and TV, to music, sports, gaming, and beyond, Dolby transforms the science of sight and sound into spectacular experiences for billions of people worldwide across all their favorite devices. We partner with artists, storytellers, and the brands you love to transform entertainment and digital experiences through groundbreaking innovations like Dolby Atmos, Dolby Vision, Dolby Cinema, and Dolby OptiView.

Dolby, Dolby Atmos, Dolby Vision, Dolby Cinema, Dolby OptiView, and the double-D symbol are among the registered and unregistered trademarks of Dolby Laboratories in the United States and/or other countries. 

Investor Contact:
Peter Goldmacher
Dolby Laboratories
[email protected]

Media Contact:
[email protected]

SOURCE Dolby Laboratories, Inc.

SAN FRANCISCO, April 30, 2026 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE: DLB) today announced the company's financial results for the second quarter of fiscal 2026. "We continue to strengthen our position and create growth opportunities across existing and new business areas," said Kevin Yeaman, President and CEO, Dolby Laboratories.