Goldman Sachs has revealed significant exposure to digital assets, holding over $1.1 billion in Bitcoin, $1 billion in Ethereum, $153 million in XRP, and $108 million in Solana. According to crypto journalist Eleanor Terrett, the bank invests through spot crypto ETFs rather than direct cryptocurrency ownership, a strategy increasingly preferred by major financial institutions seeking regulated exposure to Bitcoin, Ethereum, XRP, and Solana.
Bitcoin remains Goldman’s largest digital asset allocation. The bank reported owning 20.7 million shares of BlackRock’s IBIT ETF, valued at over $1 billion, alongside sizeable options positions tied to the fund. Ethereum follows closely behind with $1 billion in exposure.
Notably, the fourth quarter of 2025 marked Goldman’s first reported allocations to XRP and Solana-linked ETFs, signaling broader diversification beyond the two largest cryptocurrencies.
XRP and Solana Allocations Signal DiversificationGoldman’s XRP exposure totals roughly $152 million, distributed relatively evenly across issuers. The bank holds 2 million shares of the 21Shares XRP ETF valued at $35.9 million, 1.9 million shares each in the Bitwise XRP ETF ($39.8 million) and Franklin XRP Trust ($38.4 million), and over 1 million shares in Grayscale’s XRP ETF worth approximately $37.9 million.
In contrast, Solana exposure is more concentrated. Of the $108 million allocation, about $45 million is invested in the Bitwise Solana Staking ETF and $35.7 million in the Grayscale Solana Trust ETF, with smaller positions spread across funds offered by Fidelity, VanEck, 21Shares, and Franklin Templeton.
The move reflects Goldman’s continued shift from skepticism toward active participation in digital assets following the approval of spot Bitcoin ETFs in early 2024.
Policy Engagement and Strategic PositioningGoldman’s growing crypto footprint comes amid heightened policy discussions in Washington. Bank representatives attended a White House meeting focused on stablecoin yield regulations, and CEO David Solomon is scheduled to speak next week at the World Liberty Financial forum in Palm Beach. The timing suggests the bank is positioning itself at both the regulatory and market levels as crypto policy evolves.
Bitcoin Price Struggles Shape Market BackdropThis institutional buildup unfolds as Bitcoin battles volatility. BTC recently broke below $70,000 and briefly lost $60,000 before finding support near that level. After a sharp rebound toward $71,700, it closed the week around $70,315, though overall sentiment remains cautious.
Key resistance sits at $71,800, followed by $74,500, with stronger barriers at $79,000 and $84,000. On the downside, support levels at $65,650, $63,000, and especially $60,000 are critical, with the 0.618 retracement near $57,800 potentially marking a deeper floor.
Goldman’s expanding ETF exposure signals that while short-term price action remains uncertain, institutional conviction in crypto markets continues to deepen.
Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQsHow much Bitcoin does Goldman Sachs own?
Goldman Sachs holds over $1.1 billion in Bitcoin exposure through regulated spot ETFs, making it their largest digital asset allocation, primarily via BlackRock’s IBIT fund.
Does Goldman Sachs directly own Bitcoin and other cryptocurrencies?
No. The bank uses spot crypto ETFs for regulated exposure instead of direct ownership, a preferred strategy for major institutions managing Bitcoin, Ethereum, XRP, and Solana holdings.
Why is Goldman Sachs investing in crypto now?
Following spot Bitcoin ETF approvals in 2024, Goldman shifted from skepticism to active participation, seeking diversified, regulated exposure as crypto policy evolves in Washington.
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2026-02-11 05:111mo ago
2026-02-10 23:451mo ago
The Bitcoin wallet in the Guthrie ransom note just recorded its first transaction.
There’s been new activity inside the Bitcoin wallet listed in the first ransom letter tied to the Guthrie kidnapping. TMZ says it happened just 25 minutes before their report.
The outlet didn’t share how much was sent or received, but this is the first sign of any movement on that address since February 1. That wallet was included in the first ransom note, which was sent to TMZ and two television stations in Tucson.
Nancy Guthrie, who’s 84 and has a pacemaker, was taken from her home in Arizona. She needs daily medicine, and she’s been missing for over a week.
Her daughter, Savannah Guthrie, co-hosts the Today Show on NBC and has been speaking out ever since her mother was abducted.
Ransom note pattern points to suspect living near Tucson Two ransom letters were sent out. The first went to TMZ and two Tucson stations. The second only went to one of the Tucson stations. That choice wasn’t random. Federal agents think the person who wrote the notes knows the local media well. That’s why they believe the suspect lives in the Tucson area.
The ransom notes said Nancy would be returned within 12 hours if $6 million was paid. The kidnapper said they were somewhere within 700 miles of Tucson. But both deadlines passed, and Nancy wasn’t brought back. Savannah even tried to offer the money herself. It didn’t help. Nothing happened. No sign of her.
New images of the suspect were released by the FBI on Tuesday. TMZ says the pictures had just been handed to law enforcement. The FBI didn’t hold on to them. They sent them out as soon as they got them.
Savannah posted the photos on Instagram and wrote, “We believe she is still alive. Bring her home.” The post spread across social media within minutes. Investigators say they’re still treating the case like Nancy could be found alive.
FBI gets tip, arrests suspect in Arizona 9 days later Nine days after Nancy was reported missing, a suspect was arrested in Arizona. The arrest happened Tuesday. That’s all that’s been confirmed. No name. No details. Nothing more.
At the White House, Karoline Leavitt, the press secretary, said she and President Donald Trump had both seen the new images that were released. She opened the briefing by talking about the case. The president is personally following the investigation.
The FBI is offering $50,000 for any tip that leads to finding Nancy or arresting the person behind this. People can call 1-800-CALL-FBI or go to tips.fbi.gov.
The Guthrie story has pulled in the media, the federal government, and now the crypto crowd.
2026-02-11 05:111mo ago
2026-02-11 00:001mo ago
Ethereum Holders Shift To Self-Custody As Market Consolidates Near $2K
Ethereum is struggling to hold the $2,000 level as persistent selling pressure continues to weigh on the broader crypto market. Price action remains fragile, with volatility elevated and investor sentiment cautious following weeks of downside momentum across major digital assets. While the macro backdrop remains uncertain, recent on-chain data suggests that market positioning may be evolving beneath the surface rather than simply deteriorating.
A recent CryptoQuant report highlights a notable shift in Ethereum exchange flows. Netflow data over the past several days shows a clear acceleration in withdrawals from centralized exchanges. This trend typically indicates that investors are moving assets into private wallets, staking platforms, or long-term storage solutions. Reducing the immediately available supply for spot selling. Such behavior can reflect either defensive positioning during volatility or early signs of accumulation.
However, interpreting these flows requires caution. Exchange withdrawals alone do not automatically imply bullish conviction. As funds may also be repositioned within DeFi or collateralized for leveraged strategies. Still, the current pattern suggests that a portion of market participants is opting to reduce liquid exposure while Ethereum tests a critical psychological support zone, leaving the market at an important inflection point.
Across all major exchanges, net Ethereum outflows have surpassed 220,000 ETH, marking the largest wave of withdrawals since last October. This magnitude of movement typically reflects a meaningful shift in positioning, with investors transferring assets away from trading venues toward private wallets, custody solutions, or long-term storage protocols. Historically, such behavior has been associated either with accumulation phases or with precautionary risk reduction during periods of heightened volatility.
Ethereum Exchange Netflow | Source: CryptoQuant Binance accounted for a significant portion of this activity. On February 5 alone, daily net outflows reached roughly -158,000 ETH. This is the largest withdrawal event on the platform since last August. Given Binance’s role as the deepest liquidity hub in the market, the concentration of withdrawals there suggests that institutional and high-volume participants may be actively adjusting exposure rather than retail-driven flows alone.
These outflows occurred while Ethereum traded within the $1,800–$2,000 range, a zone many market participants appear to view as a potential repositioning area after the recent correction. Reduced exchange balances generally translate into lower immediately available sell-side supply, which can provide short-term structural support. However, sustained price stabilization will likely require confirmation through improving momentum, renewed capital inflows, and broader risk appetite across the crypto market.
Ethereum Tests Critical Support After Sharp Breakdown Ethereum is currently trading near the $2,000 level after a decisive breakdown from the $2,800–$3,000 consolidation range, confirming a shift toward a bearish market structure. The chart shows a clear rejection from the declining short-term moving average, followed by an accelerated sell-off that pushed price toward a major psychological support zone. This level has historically acted as both resistance and support, making its defense crucial for short-term stability.
ETH consolidates around $2K level | Source: ETHUSDT chart on TradingView Volume expansion during the latest drop suggests forced selling rather than gradual distribution. This type of spike often reflects liquidation cascades, risk reduction from leveraged positions, or systematic portfolio rebalancing. However, elevated volume alone does not confirm a bottom; it only signals heightened market stress.
From a trend perspective, Ethereum remains below all key moving averages, which are now sloping downward. This configuration typically indicates continuation risk unless price quickly reclaims the $2,400–$2,600 region. Failure to do so increases the probability of a deeper retracement toward the $1,600–$1,800 range, where previous accumulation occurred.
Ethereum appears to be transitioning from corrective weakness into a structurally fragile phase, with market participants closely watching whether the $2,000 level holds or becomes resistance.
Featured image from ChatGPT, chart from TradingView.com
2026-02-11 05:111mo ago
2026-02-11 00:001mo ago
ASTER price prediction – 25% rally possible IF certain conditions are met!
On 10 February 2026, Aster (ASTER), a DEX tool, garnered significant attention from crypto enthusiasts after gains of over 9% in less than 24 hours. Thanks to its latest upside, market sentiment appeared to be shifting too at press time.
This was reflected in traders’ bullish bets, rising trading volume, Open Interest (OI), and bullish price action.
At the time of writing, ASTER was trading at $0.6551, with its trading volume soaring by 10.11% to $242.65 million too. A hike in trading volume alongside the price is evidence that market participants could be actively following the prevailing trend.
ASTER price action and predictions On the 4-hour chart, ASTER’s market sentiment appeared to have turned bullish after it broke out of a descending trendline it had been facing since 05 January.
In fact, the chart revealed that the altcoin recorded nearly four reversals after hitting the trendline. Today’s upside move and breakout above the prolonged trendline, however, have opened the door for further gains.
Source: TradingView
If ASTER successfully closes a four-hour candle above the $0.65-level, it could see a price jump of around 25% and may reach the $0.83-level in the coming days. However, if market sentiment shifts and the price fails to close a four-hour candle above the trendline, there is a high probability that ASTER could repeat its previous pattern with another price reversal.
On the charts, the Average Directional Index (ADX), an indicator that measures trend strength, had reached 26.73, above the key threshold of 25. It alluded to an asset with a strong directional trend.
In addition to the price action and technical analysis, a well-followed crypto expert shared a bullish prediction about ASTER too. According to the analyst, it has strong potential to gain by over 130% in the coming days.
The analyst went on to suggest that ASTER might just be retesting a falling wedge breakout on the daily charts too.
Source: X/CryptoFaibik
Anything supplementing ASTER’s bullish outlook? According to Coinglass, intraday traders are closely following the prevailing trend too.
In fact, traders have been heavily betting around $0.592 on the lower side and $0.665 on the upper side. At press time, these two levels were acting as strong support and resistances for the crypto.
Additionally, traders at these levels built $7.16 million worth of long-leveraged positions and $552.12k in short-leveraged positions – A sign of strong directional conviction.
Source: Coinglass
This growing bullish bias can be further reflected in Open Interest (OI), with the same jumping by 6.01% to $319.06 million.
Alongside this hike in OI, DEX volume increased too, pointing to higher trader participation and strengthening momentum behind ASTER’s price move.
Final Thoughts Aster (ASTER) defied the broader crypto market with a 9.25% price uptick. If ASTER successfully closes a four-hour candle above the $0.65 -evel, it could see another price jump of around 25%.
2026-02-11 05:111mo ago
2026-02-11 00:001mo ago
South Korean lawmakers questioned Bithumb's CEO after the exchange mistakenly transferred 620,000 Bitcoin, more than 12 times its actual holdings.
South Korea’s National Assembly lit into Bithumb CEO Lee Jae-won after the exchange mistakenly transferred 620,000 Bitcoin, a number more than 12 times its actual holdings.
That mistake, worth around $40 billion, triggered sharp questions about the exchange’s sloppy internal systems and how this kind of mess was even possible.
Appearing before the National Policy Committee on the 11th, Jae-won admitted that Bithumb only reconciles its internal ledger with actual crypto assets once per day. “The time it takes for Bithumb to align its virtual currency holdings and circulation volume is one day,” he said.
The exchange basically collects transaction data for 24 hours, then adjusts the real holdings the next day, meaning there’s always a full-day blind spot.
“We acknowledge that the system for cross-verifying the amount to be transferred and the held amount was not reflected in this incident,” Jae-won added.
Regulator blasts Bithumb’s outdated system and demands new laws Meanwhile, the Financial Supervisory Service (FSS)’s chief Lee Chan-jin told lawmakers that real-time verification must become the standard.
“Even 5 minutes is not short but rather very long,” Chan-jin said, referring to Upbit, a rival exchange that reconciles holdings every five minutes. He called for lawmakers to include mandatory real-time systems in the next stage of digital asset regulation.
“Only when interlinked systems are in place where actual holdings and ledger balances align in real time can systemic safety be ensured,” Chan-jin told the Parliarment.
The core problem is that Bithumb stores all its data in internal ledgers, not directly on-chain. Unlike blockchain records that are distributed across users’ computers and take time to confirm, Bithumb’s ledgers work more like spreadsheets. That delay is what allowed them to send out 620,000 Bitcoin they never actually owned. And that’s a lot more than just a technicality.
Jae-won had earlier admitted that the company had no system in place to prevent that transfer in real time.
Bitcoin fire sale triggered price drop, liquidations, and lawsuits In the 35 minutes before Bithumb froze affected accounts, 86 users sold about 1,788 Bitcoin. Some transferred proceeds to personal bank accounts.
Others used the crypto to buy different tokens, according to local reports. This unexpected dump tanked prices temporarily on Bithumb’s platform.
Jae-won acknowledged the two biggest areas of damage were the “panic selling” and the forced liquidation of over 30 users who had pledged Bitcoin as collateral. The CEO said, “We are considering two areas as targets for damage relief.”
The sharp price fall triggered automatic margin calls and liquidations for people who had no clue the platform was malfunctioning.
Chan-jin called the whole thing “catastrophic” for affected customers. Since Bitcoin has since bounced higher, anyone who has to return coins now might lose money. The government fears lawsuits may follow.
Bithumb says it has already fixed 99.7% of the errors internally by reversing ledger entries. It’s now talking directly with around 80 customers who cashed out, asking them to return the Korean won equivalent… voluntarily, for now.
The exchange is trying to avoid lawsuits, because under civil law, courts could demand that customers return the original Bitcoin rather than the cash.
In a public apology, Bithumb said, “Bithumb takes this incident very seriously and will do its utmost to prevent recurrence by redesigning the entire asset payment process and enhancing the internal control system.”
The company also claimed, “This incident is unrelated to any external hacking or security breach, and does not pose any issues with system security or customer asset management.”
2026-02-11 05:111mo ago
2026-02-11 00:021mo ago
Uniswap wins CPAMM patent infringement lawsuit against Bancor
Uniswap has won a patent infringement lawsuit filed by organizations connected to Bancor, marking a major legal victory for the decentralized exchange and the wider decentralized finance sector.
Summary
Uniswap won a patent infringement lawsuit filed by Bancor-linked entities in a U.S. federal court. The case focused on the constant product market maker formula used in decentralized trading. The ruling supports open-source development and limits patent claims over core DeFi tools. On Feb. 11, Uniswap founder Hayden Adams said on X that his legal team had informed him of the court’s decision in Uniswap’s favor. The case had challenged the technology that powers automated token trading on the platform.
Many people in the crypto world paid close attention to the lawsuit because it brought up a bigger issue. It questioned whether simple trading formulas used in DeFi can actually be protected by patents.
Lawsuit focused on AMM technology The legal fight started in May 2025. Bprotocol Foundation and LocalCoin Ltd., both connected to Bancor, filed a lawsuit in a federal court in New York. They claimed that Uniswap Labs and the Uniswap Foundation used a trading method that was covered by a patent granted back in 2017.
The patent covered the constant product automated market maker model, commonly known for the formula x*y=k. This system is used to price tokens in liquidity pools and has become a foundation of many decentralized exchanges.
Bancor argued that Uniswap (UNI) had relied on this patented method since launching in 2018 without permission. The plaintiffs sought financial damages for several years of alleged unauthorized use.
Uniswap strongly rejected the claims from the start. The company said its code had always been open-source and publicly available. It also argued that the patent attempted to claim ownership over basic mathematical principles applied to blockchain systems.
Several industry groups supported Uniswap’s position. Organizations such as the DeFi Education Fund and the Solana Institute filed statements backing the exchange and warning against using patents to restrict open innovation.
Impact on DeFi and open-source development According to people familiar with the case, the court found that the allegations did not meet the legal standard required for patent infringement, especially given the open nature of Uniswap’s software.
Legal experts say the ruling sends a strong message to the market. Core financial mechanisms that rely on simple formulas may be difficult to protect through patents when they are openly shared and widely adopted.
Many developers see this outcome as a strong moment for open finance. It sends a message that the basic tools behind DeFi cannot easily be restricted or put behind paywalls through patents.
Uniswap users and its partners can also breathe a little easier. The uncertainty surrounding the case had raised concerns about possible setbacks. If the court had ruled differently, it might have slowed down new features and partnerships across the wider ecosystem.
So far, there has been no word of an appeal. For now, the matter seems to be settled at the district court stage.
2026-02-11 05:111mo ago
2026-02-11 00:081mo ago
Solana (SOL) Under Pressure As Downtrend Looks Ready To Resume
Solana failed to settle above $90 and trimmed some gains. SOL price is now facing hurdles near $88 and might decline again below $82.
SOL price started a decent recovery wave above $78 and $82 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $85 and $90. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave above $72, like Bitcoin and Ethereum. SOL was able to climb above the $80 level.
There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active near $90. The price is now moving lower below $88. There is also a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL/USD pair.
Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low.
Source: SOLUSD on TradingView.com The main resistance could be $96. A successful close above the $96 resistance zone could set the pace for another steady increase. The next key resistance is $105. Any more gains might send the price toward the $112 level.
Downside Continuation In SOL? If SOL fails to rise above the $85 resistance, it could continue to move down. Initial support on the downside is near the $82 zone. The first major support is near the $80 level.
A break below the $80 level might send the price toward the $75 support zone. If there is a close below the $75 support, the price could decline toward the $70 zone in the near term.
Technical Indicators
Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone.
Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.
Major Support Levels – $82 and $75.
Major Resistance Levels – $85 and $92.
2026-02-11 04:111mo ago
2026-02-10 22:121mo ago
Salesforce employees call on CEO Benioff to cancel ICE 'opportunities'
Over 1,400 Salesforce employees have signed a letter calling on CEO Marc Benioff to drop potential business with the U.S. Immigration and Customs Enforcement agency, two people familiar with the effort told CNBC.
"We are deeply troubled by recent press reports describing Salesforce pitches of AI technology to U.S. Immigration and Customs Enforcement (ICE) to help the agency 'expeditiously' hire 10,000 new agents and vet tip-line reports," the letter reads.
The letter calls on Benioff to cancel "all active pitches or 'opportunities' for ICE enforcement and hiring" and issue a public statement demanding the removal of masked agents in U.S. cities.
The Salesforce employee letter is the latest example of tech workers raising concerns about the U.S. agency's use of their companies' services after ICE agents killed U.S. citizens Renee Nicole Good and Alex Pretti in Minnesota in January.
Earlier on Tuesday, Benioff joked about ICE being present at an employee gathering in Las Vegas, 404 Media reported. The incident led employees to criticize the comments in an internal Slack forum, the two people told CNBC.
Letter signatories are asking Salesforce to tell workers what kinds of services it is providing to ICE and "pause or prohibit infrastructure, AI systems or services that enable ICE operational scale-up."
"We are concerned that Salesforce products and services may be enabling ICE to expand recruitment, onboarding and operational capacity," reads a supplementary document to the letter, which CNBC viewed. The document cited an October New York Times report saying that Salesforce described its software as an "ideal platform" for ICE agent recruitment in a response to a request for information.
The letter from employees comes at a difficult time for the company. Investors have been concerned about the possibility of AI models hurting the growth prospects of software companies, including Salesforce. Its stock is down about 27% so far in 2026. In December, the company touted its work with the U.S. government and called for growth between 9% and 10% in the current fiscal year, which would be up slightly.
Wired reported about the letter earlier Tuesday. Salesforce did not immediately provide comment.
watch now
The letter from Salesforce employees comes after 900 Google employees asked their company to divest itself from ICE and U.S. Customs and Border Protection as of last week. Business leaders including Apple CEO Tim Cook have also decried the behavior of ICE agents in clashes with protesters.
"Employees face real personal and professional risk when Salesforce is perceived as enabling ICE, including reputational harm, social targeting or being misidentified as complicit in activities they oppose," the supplement reads. "At the same time, employees cannot make informed decisions about their work when the scope, governance and boundaries of Salesforce's relationship with ICE are opaque."
Organizers plan to send the letter to Benioff by Friday, according to the document.
The letter credits Benioff for saying in October that he did not believe the National Guard needed to deploy to San Francisco, where Salesforce has its headquarters and holds its annual Dreamforce conference. One week earlier, The New York Times reported that Benioff supported President Donald Trump's idea of bringing troops to the city.
In May, the U.S. General Services Administration said Salesforce offered discounts on Slack, its team communication software, to a slew of government agencies. Adobe, Microsoft and ServiceNow also extended price cuts for use of their software across the U.S. government.
In October, Benioff held a conversation with Trump's artificial intelligence and cryptocurrency czar, David Sacks, and in November, the Salesforce CEO attended a dinner with the president at the White House alongside other technology executives. He posted a photo of himself with Attorney General Pam Bondi on X.
"Marc, you have often said that 'business is the greatest platform for change,'" the letter reads. "Today, that platform must be used to defend our neighbors' constitutional rights and the safety of our communities."
2026-02-11 04:111mo ago
2026-02-10 22:141mo ago
Cloudflare, Inc. (NET) Q4 2025 Earnings Call Transcript
Cloudflare, Inc. (NET) Q4 2025 Earnings Call February 10, 2026 5:00 PM EST
Company Participants
Philip Winslow - Vice President of Strategic Finance, Treasury and Investor Relations
Matthew Prince - Co-Founder, Co-Chairman & CEO
Thomas Seifert - Chief Financial Officer
Conference Call Participants
Matthew Hedberg - RBC Capital Markets, Research Division
Keith Weiss - Morgan Stanley, Research Division
Jonathan Ho - William Blair & Company L.L.C., Research Division
Gabriela Borges - Goldman Sachs Group, Inc., Research Division
Fatima Boolani - Citigroup Inc., Research Division
Gray Powell - BTIG, LLC, Research Division
Shrenik Kothari - Robert W. Baird & Co. Incorporated, Research Division
Adam Borg - Stifel, Nicolaus & Company, Incorporated, Research Division
Jackson Ader - KeyBanc Capital Markets Inc., Research Division
Presentation
Operator
Hello, and welcome to the Cloudflare Fourth Quarter 2025 Earnings Call. [Operator Instructions] I would now like to turn the conference over to Phil Winslow. You may begin.
Philip Winslow
Vice President of Strategic Finance, Treasury and Investor Relations
Thank you for joining us today to discuss Cloudflare's financial results for the fourth quarter of 2025. With me on the call, we have Matthew Prince, Co-Founder and CEO; Michelle Zatlyn, Co-Founder and President; and Thomas Seifert, CFO.
By now, everyone should have access to our earnings announcement. This announcement as well as our supplemental financial information may be found on our Investor Relations website.
As a reminder, we will be making forward-looking statements during today's discussion, including, but not limited to, our customers, vendors and partners, operations and future financial performance, our anticipated product launches and the timing and market potential of those products, our anticipated future financial and operating performance and our expectations regarding future macroeconomic conditions.
These statements and other comments are not guarantees of future performance and are subject to risks and uncertainty, much of which is beyond our control. Our actual results may
Hugo Nicolaci - Goldman Sachs Group, Inc., Research Division
Levi Spry - UBS Investment Bank, Research Division
Daniel Morgan - Barrenjoey Markets Pty Limited, Research Division
Mitch Ryan - Jefferies LLC, Research Division
Matthew Frydman - MST Financial Services Pty Limited, Research Division
David Radclyffe - Global Mining Research Pty Limited
Alexander Barkley - RBC Capital Markets, Research Division
Adam Baker - Macquarie Research
Presentation
Operator
Thank you for standing by, and welcome to the Evolution Mining Limited FY '26 Half Year Financial Results Call. [Operator Instructions]
I would now like to hand the conference over to Mr. Lawrie Conway, Managing Director and Chief Executive Officer. Please go ahead.
Lawrie Conway
CEO, MD & Director
Thank you, Cameron, and good morning, everyone. I'm joined on the call today by Fran Summerhayes, our Financial Officer; Nancy Guay, our Chief Technical Officer; and Rocky O'Connor, our GM, Investor Relations. Today, we released our FY '26 half year financial results along with announcing the approval of 2 key projects at our Cornerstone operations being E22 at Northparkes and Bert at Ernest Henry. The call today will reference the presentation we released this morning. The forward-looking statement details are provided on Slide 2, and people are encouraged to take note of these.
I'll be starting on Slide 3. I personally think today is a milestone day for Evolution. The work we have done executing our strategy since we formed in 2011 has demonstrated to be the right one. Today, we have a portfolio which is of the highest quality and are embarking on the next phase of growth while at the same time, delivering high returns for our
2026-02-11 04:111mo ago
2026-02-10 22:141mo ago
Rapid7, Inc. (RPD) Q4 2025 Earnings Call Transcript
Rapid7, Inc. (RPD) Q4 2025 Earnings Call February 10, 2026 4:30 PM EST
Company Participants
Matthew Wells
Corey Thomas - CEO & Director
Rafeal Brown - Chief Financial Officer
Conference Call Participants
Meta Marshall - Morgan Stanley, Research Division
Jonathan Ho - William Blair & Company L.L.C., Research Division
Robbie Owens - Piper Sandler & Co., Research Division
Grant Darling - Jefferies LLC, Research Division
Adam Tindle - Raymond James & Associates, Inc., Research Division
Zachary Schneider - Robert W. Baird & Co. Incorporated, Research Division
William Kingsley Crane - Canaccord Genuity Corp., Research Division
Rudy Kessinger - D.A. Davidson & Co., Research Division
Trevor Rambo - BTIG, LLC, Research Division
Presentation
Operator
Good day, everyone. My name is [ Kehlani ], and I will be your conference operator today. At this time, I would like to welcome you to the Q4 2025 Rapid7 Earnings Call. [Operator Instructions] At this time, I would like to turn the call over to Matt Wells, Vice President of Investor Relations.
Matthew Wells
Thank you, operator, and good afternoon, everyone. We appreciate you joining us. Today, we will be discussing Rapid7's Fourth Quarter and Full Year Fiscal 2025 financial results. We've distributed our earnings press release over the wire, and it can be accessed on our Investor Relations website. With me on the call today are Corey Thomas, our CEO; and Rafe Brown, our CFO.
[Operator Instructions] Before I hand the call over to Corey, I want to note that certain statements made during this conference call may be considered forward-looking under federal securities laws. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and include our outlook for the first quarter and fiscal year 2026, any assumptions for fiscal periods beyond that period and our positioning, strategy, business plan, operational [Technical Difficulty] and growth drivers.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-02-11 04:111mo ago
2026-02-10 22:191mo ago
Klarna Group plc Notice of February 20, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
NEW YORK and NEW ORLEANS, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Klarna Group plc (“Klarna” or the “Company”) (NYSE: KLAR) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of Klarna who were adversely affected if they purchased the Company’s securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the “Registration Statement”) issued in connection with Klarna’s September 2025 initial public offering (the “IPO”). Follow the link below to get more information and be contacted by a member of our team:
https://www.ksfcounsel.com/cases/nyse-klar/
Klarna investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-klar/ to learn more.
CASE DETAILS: According to the Complaint, Klarna and certain of its executives are charged with failing to disclose material information in the Registration Statement, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company materially understated the risk that its loss reserves would materially increase within a few months of the IPO, which they either knew of or should have known of given the risk profile of many individuals agreeing to the Company’s buy now, pay later (“BNPL”) loans; and (ii) as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared. When the true details entered the market, the lawsuit claims that investors suffered damages.
The case is Nayak v Klarna Group Plc., et al., No. 25-cv-7033.
WHAT TO DO? If you invested in Klarna and suffered a loss during the relevant time frame, you have until February 20, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner [email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
CSL Limited (CSLLY) Q2 2026 Earnings Call February 10, 2026 6:00 PM EST
Company Participants
Mark Dehring
Gordon Naylor
Ken Lim - Chief Financial Officer
Andy Schmeltz - Chief Commercial Officer
Dave Ross - Senior VP & GM of Seqirus
Conference Call Participants
Andrew Goodsall - MST Financial Services Pty Limited, Research Division
Saul Hadassin - Barrenjoey Markets Pty Limited, Research Division
Steven Wheen - Jarden Limited, Research Division
Laura Sutcliffe - Citigroup Inc., Research Division
David Stanton - Jefferies LLC, Research Division
Lyanne Harrison - BofA Securities, Research Division
David Bailey - Morgan Stanley, Research Division
Andrew Paine - CLSA Limited, Research Division
Sacha Krien
Davinthra Thillainathan - Goldman Sachs Group, Inc., Research Division
Craig Wong-Pan - RBC Capital Markets, Research Division
Thomas Wakim - Bell Potter Securities Limited, Research Division
Presentation
Mark Dehring
Good morning, everyone. Thank you for joining CSL's results presentation for the first half of the 2026 financial year. I'm Mark Dehring, CSL's Head of Investor Relations. Please note, this briefing is being webcast.
We have a lot to get through today. But as usual, I'd like to draw your attention to the important disclaimer on your screen. A copy of this, along with our other ASX materials, have been published on the CSL and the ASX websites. You will also have seen announcement we made to the ASX yesterday relating to the appointment of Gordon Naylor as Interim Chief Executive Officer and Managing Director. We'll hear from Gordon shortly.
But before we do, I'd like to introduce our other speakers today. With me here in Melbourne is Ken Lim. Ken has been our CFO since October last year. Prior to that, he was our Chief Strategy Officer and has previously led our Seqirus business unit. Also here is Chief Commercial Officer, Andy Schmeltz. Andy joined CSL in 2023 as Executive Vice President, CSL Behring. And last year, his role was expanded to include CSL Vifor. And finally, we have Dave
2026-02-11 04:111mo ago
2026-02-10 22:301mo ago
How High Can Micron Go In the Memory Supercycle? Here's What History Says
Micron has been one of the biggest winners in the AI boom.
Over the last year, few stocks have done better than Micron Technology (MU 2.67%).
The leading memory-chip maker is up more than 300%, largely because it's benefiting from a generational shortage of memory chips from the AI boom. High-bandwidth memory (HBM) chips, which run alongside GPUs to power AI applications, are in high demand, and the supply and-demand dynamics of memory chips have driven a surge in Micron's revenue and profits.
For its fiscal 2026, which ends in August 2026, analysts now expect Micron's revenue to double to $75.4 billion and for adjusted earnings per share to quadruple to $33.38, giving the stock a forward P/E of just 12.
Image source: Getty Images.
A memory supercycle What's happening in the memory subsector, which has driven surges in other memory stocks like SK Hynix, Samsung, and Sandisk, is a supercycle.
Memory chips are prone to boom-and-bust cycles as prices for the components can swing widely based on demand and inventory, which fluctuates in the sector from gluts to shortages. Capital costs are intense in the semiconductor industry, which means manufacturers will run their fabs as long as they can earn a gross profit, even if it means overhead costs will lead to losses on the bottom line.
As you can see from the chart below, over the last 10 years, Micron has already been through multiple cycles with its net loss falling as low as nearly $8 billion on a trailing-twelve-month basis in the post-pandemic bust.
MU Net Income (TTM) data by YCharts
However, Micron now seems well on its way to record profits, with analysts estimating net income of roughly $35 billion for the current fiscal year and expecting profits to continue rising at least through 2027.
What history says about the memory cycle As you can see from the chart above, past memory cycles have been relatively short for Micron, with trough-to-peak or peak-to-trough periods of just a couple of years.
The highest peak you see above, at nearly $16 billion in net income, was by far Micron's largest profit in its history. At the peak of its profit that cycle, which was driven in part by cloud computing, Micron had a trailing price-to-earnings ratio of just around 3, as the share price had already peaked.
Since stock prices are forward-looking, the cycles in Micron stock tend to run ahead of the profit cycles. In the chart below, which ends a year ago before Micron's share price went off the charts, you can see how the inflection in the share price typically runs ahead of the directional changes in profit.
MU Net Income (TTM) data by YCharts
As for Micron's returns, from trough to peak during its cycles, the stock has historically gained about 600% in its last 20 years, as the table shows.
Trough datePeak dateTrough pricePeak Price% Gain11/20084/2011$1.59$11.95651%5/201212/2014$5.00$36.50630%5/20165/2018$9.35$64.66591%12/20181/2022$29.00$98.45239%12/2022???$48.43$455.50 (so far)840% (so far) As you can see, Micron has already exceeded the typical trough-to-peak gain.
Why this time could be different Despite the historical pattern in the memory cycle, the current boom has some elements that are unique to it. Those include the unprecedented levels of capital expenditures from hyperscalers like Amazon, Microsoft, Alphabet, and Meta Platforms, who together are planning to spend upward of $600 billion on capex this year, much of it devoted to AI infrastrucuture, signaling continued strong demand for memory, as well as favorable supply demand dynamics, which are evident in analyst forecasts showing memory prices are expected to continue going up this year.
Several big tech companies, including Apple and Alphabet, have commented on the shortage, and it's expected to impact the smartphone industry significantly this year.
It takes time for new capacity to come online, so the shortage on the supply side won't be easily addressed, and the race in AI seems likely to feed demand for the foreseeable future.
The memory cycle will eventually peak like those in the past, but that could still be years away. In the meantime, Micron looks like a smart way to play the AI boom as its profits should soar through at least the next year. If AI sentiment remains strong, the stock could still double before the peak is in, which would bring it close to $800 a share.
However, investors should be aware of the cyclical history in memory. Given the recent stock surge and the more-than-300% gain in a year, the sell-off could be brutal when the cycle eventually turns.
2026-02-11 04:111mo ago
2026-02-10 22:301mo ago
JZR Gold Announces Extension to Previously Granted Options
February 10, 2026 – TheNewswire - Vancouver, British Columbia, Canada – JZR Gold Inc. (the “Company” or “JZR”) (TSX-V: JZR) today announces that subject to applicable shareholder and TSX Venture Exchange approvals, the Board of Directors of the Company has approved the amendment of an aggregate of 725,000 incentive stock options (the “Amended Options”) previously granted to certain directors, officers, employees and consultants of the Company under the Company’s Equity Incentive Plan (the “Option Amendments”). Pursuant to the Option Amendments, the expiry date has been extended to February 12, 2031, with no change to the exercise price.
This news release contains forward-looking statements, which includes any information about activities, events or developments that the Company believes, expects or anticipates will or may occur in the future. Forward-looking statements in this news release include statements with respect to the anticipated use of proceeds from the exercise of the Warrants. Forward-looking information reflects the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the mineral exploration industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks related to inaccurate geological and engineering assumptions; risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with the specifications or expectations, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action and unanticipated events related to health, safety and environmental matters); risks related to adverse weather conditions; geopolitical risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company’s continuous disclosure documents filed with the Canadian securities regulators. The forward-looking information contained in this press release is expressly qualified in its entirety by this cautionary statement. The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.
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 press release.
None of the securities of JZR have been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities law, and may not be offered or sold in the United States or to, or for the account or benefit of, persons in the United States or “U.S. persons” (as such term is defined in Regulation S under the U.S. Securities Act) absent registration or an exemption from such registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
2026-02-11 04:111mo ago
2026-02-10 22:311mo ago
Coupang, Inc. Notice of February 17, 2026 Application Deadline for Class Action Lawsuits - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
NEW YORK and NEW ORLEANS, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Coupang, Inc. (“Coupang” or the “Company”) (NYSE: CPNG) of class action securities lawsuits.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of Coupang who were adversely affected by alleged securities fraud between May 7, 2025 and December 16, 2025. Follow the link below to get more information and be contacted by a member of our team:
https://www.ksfcounsel.com/cases/nyse-cpng/
Coupang investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-cpng/ to learn more.
CASE DETAILS: According to the Complaint, Coupang and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company had inadequate cybersecurity protocols that allowed a former employee to access sensitive customer information for nearly six months without being detected; (ii) this subjected the Company to a materially heightened risk of regulatory and legal scrutiny; (iii) when defendants became aware that the Company had been subjected to this data breach, they did not report it in a current report filing in compliance with applicable Securities and Exchange Commission reporting rules; and (iv) as a result, defendants’ public statements were materially false and/or misleading at all times.
The first-filed case is Barry v. Coupang, Inc., et al., No. 25-cv-10795. A subsequent case, Lee v. Coupang, Inc., et al., No. 26-cv-00047, expanded the class period.
WHAT TO DO? If you invested in Coupang and suffered a loss during the relevant time frame, you have until February 17, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner [email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-02-11 04:111mo ago
2026-02-10 22:421mo ago
Galecto Announces Pricing of $275 Million Underwritten Public Offering
February 10, 2026 22:42 ET | Source: Galecto, Inc.
BOSTON, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Galecto, Inc. (NASDAQ: GLTO), a biopharmaceutical company focused on developing novel therapeutics to redefine the treatment paradigm for people living with blood cancers, today announced the pricing of its previously announced underwritten public offering of shares of its common stock. Galecto is selling a total of 14,473,685 shares of common stock at a public offering price of $19.00 per share. In addition, Galecto has granted the underwriters a 30-day option to purchase an additional 2,171,052 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds to Galecto from the offering are expected to be approximately $275 million, before deducting underwriting discounts and commissions and offering expenses payable by Galecto and assuming no exercise of the underwriters’ option to purchase additional shares.
All of the securities are being offered by Galecto. The offering is expected to close on or about February 12, 2026, subject to customary closing conditions.
Jefferies, Leerink Partners, Evercore ISI and Guggenheim Securities are acting as joint book-running managers for the offering.
An automatically effective shelf registration statement relating to these securities was filed with the Securities and Exchange Commission (SEC) on February 10, 2026. This offering is being made only by means of a written prospectus, including a prospectus supplement, forming a part of an effective registration statement. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC and are available on the SEC’s website, located at www.sec.gov. A copy of the final prospectus supplement and the accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov and, when available, may be obtained from: Jefferies LLC (Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022; telephone: 877-821-7388; or email: [email protected]); Leerink Partners LLC (Attention: Syndicate Department, 53 State Street, 40th Floor, Boston, Massachusetts 02109; telephone: 800-808-7425 ext. 6105; or email: [email protected]); Evercore Group L.L.C. (Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055; telephone: 888-474-0200; or email: [email protected]); or Guggenheim Securities, LLC (Attention: Equity Syndicate Department, 330 Madison Avenue, 8th Floor, New York, New York 10017; telephone: 212-518-9544; or email: [email protected]).
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Galecto, Inc.
Galecto, Inc. is a clinical-stage biotechnology company advancing a pipeline of antibody therapeutics to transform treatment of a broad spectrum of hematological cancers. Galecto’s pipeline includes a highly differentiated mutant calreticulin (mut-CALR)-driven myeloproliferative neoplasm portfolio targeting essential thrombocythemia and myelofibrosis. Galecto’s pipeline also includes GB3226, a first-in-class preclinical dual inhibitor of ENL-YEATS and FLT3 for the treatment of multiple genetic subsets of acute myeloid leukemia.
Forward-Looking Statements
Certain statements in this press release, other than purely historical information, may constitute “forward-looking statements” within the meaning of the federal securities laws, including for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding Galecto’s expectations regarding the consummation of the offering; the satisfaction of customary closing conditions with respect to the offering; and express or implied statements relating to the Company’s expectations, hopes, beliefs, intentions or strategies regarding the future of its assets, pipeline and business. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are based on current expectations and beliefs concerning future developments and their potential effects. There can be no assurance that future developments affecting the Company will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the Company’s control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, the satisfaction of customary closing conditions related to the underwritten public offering and those uncertainties and factors described under the headings “Risk Factors,” “Cautionary Information Regarding Forward-Looking Statements” or “Cautionary Note Regarding Forward-Looking Statements” in the Company’s most recent filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of the Company’s assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth therein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this press release, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. The Company does not undertake or accept any duty to make any updates or revisions to any forward-looking statements.
Insperity, Inc. (NSP) Q4 2025 Earnings Call February 10, 2026 5:00 PM EST
Company Participants
James Allison - Executive VP of Finance, CFO & Treasurer
Paul Sarvadi - Co-Founder, Chairman & CEO
Conference Call Participants
Andrew Nicholas - William Blair & Company L.L.C., Research Division
Jeff Martin - ROTH Capital Partners, LLC, Research Division
Tobey Sommer - Truist Securities, Inc., Research Division
Mark Marcon - Robert W. Baird & Co. Incorporated, Research Division
Andrew Polkowitz - JPMorgan Chase & Co, Research Division
Presentation
Operator
Good afternoon. My name is John, and I will be your conference operator today. I would like to welcome everyone to the Insperity Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.
At this time, I would like to introduce today's speakers. Joining us are Paul Sarvadi, Chairman of the Board and Chief Executive Officer; and Jim Allison, Executive Vice President of Finance, Chief Financial Officer and Treasurer.
At this time, I'd like to turn the call over to Jim Allison. Mr. Allison, please go ahead.
James Allison
Executive VP of Finance, CFO & Treasurer
Thank you. We appreciate you joining us today. Let me begin by outlining our plan for this afternoon's call. First, I'm going to discuss the details behind our fourth quarter 2025 financial results. Paul will then comment on our year-end transition, profitability recovery efforts and other key drivers in 2026, including the rollout of our new HRScale solution. I will return to provide financial guidance for the first quarter and full year 2026. We will then end the call with a question-and-answer session.
Before we begin, I would like to remind you that Paul or I may make forward-looking statements during today's call, which are subject to risks, uncertainties and assumptions. In addition, some of our discussion may include non-GAAP financial measures. For a
2026-02-11 04:111mo ago
2026-02-10 22:451mo ago
Mirum Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Q4: 2026-02-03 Earnings SummaryEPS of $5.79 beats by $0.76
|
Revenue of
$1.49B
(3.01% Y/Y)
misses by $40.90M
The Hanover Insurance Group, Inc. (THG) Bank of America Financial Services Conference 2026 February 10, 2026 2:40 PM EST
Company Participants
John "Jack" C. Roche - President, CEO & Director
Jeffrey Farber - CFO, Executive VP & Principal Accounting Officer
Conference Call Participants
Joshua Shanker - BofA Securities, Research Division
Presentation
Joshua Shanker
BofA Securities, Research Division
[Audio Gap] financial services conference. This is sort of the insurance sleeve of things. And we're really pleased to have Hanover Insurance company here. We have CEO, Jack Roche; and CFO, Jeff Farber. We will go through whatever, I don't know if you can preliminary remarks before you want to get started, but we can go right into it.
John "Jack" C. Roche
President, CEO & Director
I'll just say a couple of things for those that are less familiar with us that we're about $6.5 billion property and casualty underwriter who really distinguishes itself in the marketplace based on our unique agency partnership model, along with a diverse set of specialized products. Highly motivated workforce of roughly 5,000 people, a national footprint for Commercial Lines, a super regional footprint for Personal Lines. And we're coming off of a record year in terms of earnings and super excited, frankly, to come into 2026 with kind of the best earnings, diverse earnings power that we've ever had and to take on both the challenges and the opportunities that are going to present themselves in this very dynamic marketplace.
Question-and-Answer Session
Joshua Shanker
BofA Securities, Research Division
There's a lot going on. I mean yesterday was kind of a wild ride. We'll probably get into that. But -- so let's talk about just the near-term prospects for a business like Hanover. If I look at a lot of companies, as they close out their 2025 year, growth seems to be decelerating, the #1 top soft market
2026-02-11 04:111mo ago
2026-02-10 22:541mo ago
Astera Labs, Inc. (ALAB) Q4 2025 Earnings Call Transcript
Astera Labs, Inc. (ALAB) Q4 2025 Earnings Call February 10, 2026 4:30 PM EST
Company Participants
Leslie Green - Investor Contact
Jitendra Mohan - Co-Founder, CEO & Executive Director
Sanjay Gajendra - Co-Founder, President, COO & Director
Michael Tate - Chief Financial Officer
Conference Call Participants
Blayne Curtis - Jefferies LLC, Research Division
Joseph Moore - Morgan Stanley, Research Division
Vivek Arya - BofA Securities, Research Division
Tore Svanberg - Stifel, Nicolaus & Company, Incorporated, Research Division
Ross Seymore - Deutsche Bank AG, Research Division
Sebastien Cyrus Naji - William Blair & Company L.L.C., Research Division
Sean O'Loughlin - TD Cowen, Research Division
Karl Ackerman - BNP Paribas, Research Division
Srinivas Pajjuri - RBC Capital Markets, Research Division
Thomas O'Malley - Barclays Bank PLC, Research Division
Presentation
Operator
Good afternoon. My name is Karly, and I will be your conference operator today. At this time, I would like to welcome everyone to the Astera Labs Q4 '25 Earnings Conference Call. [Operator Instructions] I will now turn the call over to Leslie Green, Investor Relations for Astera Labs. Leslie, you may begin.
Leslie Green
Investor Contact
Thank you, Karly. Good afternoon, everyone, and welcome to the Astera Labs Fourth Quarter 2025 Earnings Conference Call. Joining us on the call today are Jitendra Mohan, Chief Executive Officer and Co-Founder; Sanjay Gajendra, President and Chief Operating Officer and Co-Founder; and Mike Tate, Chief Financial Officer.
Before we get started, I would like to remind everyone that certain comments made in this call today may include forward-looking statements regarding, among other things, expected future financial results, strategies and plans, future operations and the markets in which we operate. These forward-looking statements reflect management's current beliefs, expectations and assumptions about future events, which are inherently subject to risks and uncertainties that are discussed in detail in today's earnings release and in the periodic reports and filings we filed from time to time with
Synchrony Financial (SYF) UBS Financial Services Conference 2026 February 10, 2026 1:50 PM EST
Company Participants
Brian Wenzel - Executive VP & CFO
Conference Call Participants
L. Erika Penala - UBS Investment Bank, Research Division
Presentation
L. Erika Penala
UBS Investment Bank, Research Division
All right, everybody. So continuing on to our consumer finance theme, we have the best of the bunch in the middle. Synchrony Financial's CFO is joining me, Brian Wenzel. Thank you, Brian, for coming.
Brian Wenzel
Executive VP & CFO
Erika, thank you for the invitation. I guess that niceties going to mean you're going to ask me tougher questions and both Christoph...
L. Erika Penala
UBS Investment Bank, Research Division
Block and bridge.
Brian Wenzel
Executive VP & CFO
Block and bridge.
Question-and-Answer Session
L. Erika Penala
UBS Investment Bank, Research Division
So let's start off with a top-of-the-house question. So a lot has happened since we were last on the stage from both a macro and a policy standpoint. So the first thing I really want to do is double-click on the health of the Synchrony consumer and how it may have evolved over the past year, given all the moving pieces in the background?
Brian Wenzel
Executive VP & CFO
Yes. Great question, Erika. I feel like when I get asked this question, you feel like you're saying what everyone else is saying about the stability of the consumer. And I think if you go back a couple of years ago, as one of probably only 2 full spectrum lenders in the United States, I think we were one of the first ones, I think, to say about there's a K-shaped recovery here, and we felt more pressure at the lower end. The high end was doing really well.
I think if you look at
2026-02-11 04:111mo ago
2026-02-10 22:541mo ago
Kelly Partners Group Holdings Limited (KPGHF) Q2 2026 Earnings Call Transcript
Yes. Yes, I can. We're live, Brett. So we're good to go.
Brett Kelly
Founder, Executive Chairman & CEO
Yes, that's cool. It just says my microphone is muted. That's all. But look, if we're live.
Good day, and welcome to our First Half 2026 Results for Kelly Partners Group Holdings Limited. My name is Brett Kelly, the Founder and CEO, and I'm joined by my colleague, Kenneth Ko, our Chief Financial Officer.
It's really terrific to meet with everyone today, and we'll have a short presentation, which was published this morning and we'll take largely as having been read, and then we'll move to some questions.
We like to have this front page that makes a quick clear summary. The team has grown strongly, while maintaining the revenue per person. We've grown our number of partners and businesses and are now operating in a new country, Ireland that's performing well.
Revenue has grown by 17%, revenue run rate has grown by 22% and shares have increased 0.8% over the period, which is still below the number of shares at IPO in 2017.
Our free cash flow per share has grown by 10% and our return on invested capital plus organic growth continues to remain strong.
Next page, Kenneth, thanks. We'll go through the highlights about us and capital allocation. But the big rocks that we wanted to share to understand, where the firm is and where it's going are these big themes, which
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-02-11 04:111mo ago
2026-02-10 23:031mo ago
Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal third quarter ended December 31, 2025.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Honda Motor Co., Ltd. today announced its consolidated financial results for the fiscal third quarter ended December 31, 2025.
Q3 Ended December 31, 2025 Financial Results
Operating Profit 591.5 bil. yen In motorcycle business, sales remained solid, primarily due to India and Brazil. In automobile business, the impact of tariffs as well as one time expenses related to EVs resulted in a decrease in profits. Operating cash flows after R&D adjustment 1,855.8 bil. yen FYE March 31, 2026 Financial Forecast
Operating Profit 550.0 bil. yen / Profit for the year 300.0 bil. yen Due to a wide range of efforts, incl. collaboration with suppliers, tariff impact was reduced:
- 450 billion yen (initial forecast) → - 310 billion yen Weaker yen had positive profit impact, but intensified competition in Asian auto markets led to higher incentives and uncertain business environment so previous forecast (Nov. 7) maintained. In motorcycle business, strong sales continue in India and Brazil, so previous record-high forecast of 21.3 million units unchanged. In automobile business, considering the uncertain business environment, the previous forecast of 3.34 million units unchanged. Shareholder Returns
Cancellation of the Company's Own Shares
- Total number of shares to be cancelled : 747,000,000 shares (shares of common stock)
- Scheduled date of cancellation : February 27, 2026
-Total number of shares issued after the cancellation : 4,533,000,000 shares Honda's financial results can be accessed from following web site address.
https://global.honda/en/investors/library/documents.html
SOURCE American Honda Motor Co., Inc.
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2026-02-11 04:111mo ago
2026-02-10 23:031mo ago
Nasus Pharma Announces Pricing of $15.0 Million Private Placement
February 10, 2026 23:03 ET | Source: Nasus Pharma, Ltd.
TEL AVIV, Israel, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Nasus Pharma Ltd. (NYSE: NSRX) ("Nasus Pharma" or the "Company"), a clinical-stage pharmaceutical company focused on the development of innovative intranasal products, today announced that it has entered into a securities purchase agreement (the “Agreement”) with certain institutional and accredited investors for a private placement of ordinary shares and warrants to purchase ordinary shares for aggregate gross proceeds of approximately $15.0 million, before deducting placement agent fees and other offering expenses.
Citizens Capital Markets is acting as lead placement agent, and Laidlaw & Company (UK) Ltd. is acting as co-placement agent, in connection with the private placement.
The private placement includes participation from both new and existing investors and certain members of the Company’s Board of Directors.
Pursuant to the terms of the Agreement, Nasus Pharma has agreed to sell an aggregate of (i) 2,695,425 of its ordinary shares, no par value per share (the “Ordinary Shares”), and (ii) accompanying ordinary warrants to purchase up to 2,695,425 Ordinary Shares (the “Warrants”) for a combined purchase price of $5.565 per share and accompanying Warrant. The per share and accompanying Warrant price of the securities sold in the private placement was priced at a premium to the last closing price of Nasus Pharma’s Ordinary Shares on the NYSE American.
The Warrants will have an exercise price of $6.53 per share, are immediately exercisable, and will expire upon the earlier of two years from the date of issuance and 30 trading days following the Company’s announcement of the top-line results of the Company’s NS002 pivotal study.
The private placement is expected to close on or about February 12, 2026, subject to satisfaction of customary closing conditions.
The Company intends to use the net proceeds from the private placement, together with its existing cash, cash equivalents, and short-term investments to advance the pivotal clinical development of NS002 for anaphylaxis treatment, initiate first-in-human studies for other products in its pipeline, and for working capital and other general corporate purposes.
The securities being issued and sold in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state or other applicable jurisdiction’s securities laws, and may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws. Pursuant to the Agreement, Nasus Pharma has agreed to file a registration statement with the U.S. Securities and Exchange Commission (the “SEC”) registering the resale of the Ordinary Shares and Ordinary Shares underlying the Warrants issued in the private placement.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer, solicitation or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. Any offering of the securities under the resale registration statement will only be made by means of a prospectus.
About Nasus Pharma
Nasus Pharma is a clinical-stage pharmaceutical company developing a number of intranasal powder products addressing acute medical conditions in the community. NS002, Nasus’ intranasal powder Epinephrine product candidate is being developed as a needle-free alternative to Epinephrine autoinjectors for patients with anaphylaxis. Intranasal administration is most suitable for those situations in which rapid drug delivery is required and offers needle-free, easy-to-use alternatives. Nasus’ proprietary powder-based intranasal (“PBI”) technology is designed for rapid and reliable drug delivery, leveraging the nasal cavity’s rich vascular network for quick absorption. The PBI formulation uses uniform spherical powder particles for broad dispersion and potentially faster, higher absorption compared to liquid-based nasal products. For further information about the Company, please visit www.nasuspharma.com or follow on Twitter (X) or LinkedIn.
Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. federal securities laws. Words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will”, “would,” or the negative of these words, similar expressions or variations of such words are intended to identify forward-looking statements. For example, Nasus Pharma is using forward looking statements in this press release when it discusses the gross proceeds to be received from the private placement, intended use of proceeds from the private placement and the anticipated closing date for the private placement. Historical results of scientific research and clinical and preclinical trials do not guarantee that the conclusions of future research or trials will suggest identical or even similar conclusions. Forward-looking statements are based on the Company’s current expectations and are subject to uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s prospectus dated August 12, 2025 filed with the SEC on August 14, 2025. Forward-looking statements contained in this press release are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Despite already crushing the market this year, there's likely more meaningful upside to come for this stock.
It's been an interesting start to 2026, featuring significant volatility in some of the "Magnificent Seven" stocks and huge drawdowns in many software stocks. Investors are doing their best to assess the impact the continued AI (artificial intelligence) boom will have on companies.
But investors don't always need a company tied closely to the market's latest buzz words to do well. One stock that has significantly outperformed the market is Pool Corporation (POOL +1.80%), a pool supplies distributor. The stock is up more than 14% year-to-date as of this writing, and I believe there's more upside ahead over the long haul.
Below is why this month I'm rerecommending Pool Corp -- the same stock I recommended in January -- as my absolute top dividend stock idea to buy now.
Image source: Getty Images.
It's an anti-AI bet The first reason I think Pool Corp is a good dividend stock to buy now has less to do with its dividend and more to do with its specific business model and how it counters much of the speculation we are seeing in the market right now about AI.
Many tech companies have been unveiling huge investment plans for AI. Meta Platforms, Alphabet, and Amazon, for instance, have all disclosed plans to spend well over $100 billion on capital expenditures this year, with a large portion of this spending going toward AI-capable cloud computing infrastructure. In fact, Amazon's budget is for "about $200 billion" in capital expenditures in 2026, making it the most aggressive of the three. These big-spending plans mean investors just have to trust that these massive bets will work out profitably over time, since there's no way to know if they will.
Pool contrasts this with a straightforward business model in which it has already demonstrated substantial profitability. On sales of about $1.5 billion in Q3, the company generated $127 million in net income. Further, the company's earnings-per-share growth of 4% outpaced its anemic year-over-year revenue growth of 1%. This contrasts with how big spending is starting to weigh on some tech giants. Meta's fourth-quarter earnings per share, for instance, rose 11% even though revenue climbed 24%. This occurred due to Meta's operating margin declining from 48% in the year-ago quarter to 41%. Deleveraging like this could affect many tech companies in 2026 and beyond, as their AI spending puts pressure on margins.
Why sales growth could accelerate Even more, Pool Corporation is currently operating in a very challenging macroeconomic environment, where large discretionary purchases have been pressured by elevated interest rates. But sales growth could explode higher if interest rates decline over time. And even if they don't, over 60% of the company's sales come from non-discretionary Pool maintenance sales, which perform consistently well for the company. So even if sales from non-discretionary pool projects remain challenged, sales growth should accelerate over time as the company faces increasingly easier comparisons for that part of its business.
Further, for what it's worth, management said there were "encouraging signs of stabilization in both new pool construction and remodel" during its third quarter. While there's no guarantee that this part of Pool's business starts to recover, it also should not be ruled out. At some point, aging pools need to be replaced, and new projects could ramp up even with current interest rates if demand for pools increases.
Today's Change
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Finally, regarding Pool's dividend specifically, investors who buy the stock today benefit from a robust dividend yield of 1.9%. Further, the company's payout ratio of 45% leaves ample room for dividend growth over the long term.
And Pool is returning capital to shareholders indirectly through share repurchases, too. The company repurchased $164 million worth of shares in the first 9 months of 2025 -- not bad for a company with a market capitalization of $9.8 billion as of this writing.
Overall, Pool looks attractive at its current valuation of 24 times earnings. While there's a risk that sales could suffer if the challenging market for pool construction and remodeling worsens, there's significant upside potential if it recovers. In aggregate, I think the stock offers a balanced risk-reward profile and a nice contrast to the market's significant (and potentially a bit euphoric) appetite for AI-related risks at the moment.
Q4 sales and earnings beats weren't enough to stop ZoomInfo stock from seeing big sell-offs.
ZoomInfo Technologies (GTM 9.77%) stock got hit with strong selling pressures Tuesday. The stock sank 9.4% in the daily session and had been down as much as 20.2% earlier in the day's trading.
ZoomInfo published its Q4 results after the market closed yesterday and reported sales and earnings that beat Wall Street's forecasts. Despite substantial Q4 beats, the stock sold off on underwhelming forward guidance.
Image source: Getty Images.
ZoomInfo breezed by Wall Street's Q4 targets ZoomInfo posted non-GAAP (adjusted) earnings per share of $0.32 on sales of $319.1 million in the fourth quarter. For comparison, the average analyst estimate had called for adjusted earnings per share of $0.28 on sales of roughly $309.3 million. ZoomInfo's revenue increased 3.2% year over year in Q4, and adjusted operating income rose roughly 6% year over year to hit $122.6 million. Despite performance beats in Q4, investors weren't happy with management's forward guidance.
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ZoomInfo expects little growth this year ZoomInfo is guiding for sales between $306 million and $309 million in the current quarter, representing a significant decline on a sequential quarterly basis. Adjusted operating income is also projected to decline to between $105 million and $108 million.
For the full year, management is targeting sales between $1.247 billion and $1.267 billion. -- suggesting a modest improvement over the roughly $1.25 billion in sales recorded last year. Meanwhile, guidance for an adjusted operating profit between $456 million and $466 million calls for annual growth of approximately 3.6% at the midpoint. With disappointing growth forecasts for this year, investors are rerating the business-services specialist.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The sell-off might be overdone, as the downturn that drove the panic will likely be temporary.
Shares of Upwork (UPWK 19.05%) sank on Tuesday after the freelancer marketplace reported a decline in active clients.
By the close of trading, Upwork's stock price was down more than 19%.
Image source: Getty Images.
Navigating AI trends Upwork's fourth-quarter revenue rose 4% year over year to $198.4 million. The company's gross services volume (GSV) -- the total dollar value of all transactions facilitated by its platform -- increased 3% to $1 billion.
Upwork is making inroads with small and midsize businesses. GSV from its Upwork Business Plus offering for SMBs increased 24% sequentially.
The work marketplace is also investing aggressively in artificial intelligence (AI). AI-powered search recommendations helped boost GSV by over $100 million in 2025. Moreover, annualized GSV from AI-related work climbed more than 50% to over $300 million in the fourth quarter.
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Still, active clients on Upwork's platform fell 6% to 785,000. This understandably concerning decline likely spooked investors.
However, during a conference call with analysts, chief financial officer Erica Gessert noted that Upwork's churn rate improved throughout 2025 -- and the company expects to report active client growth in the first quarter of 2026.
Growth is set to accelerate In turn, Upwork's 2026 guidance includes:
Revenue of $835 million to $850 million, compared to $787.8 million in 2025 Adjusted earnings per share of $1.43 to $1.48, compared to $1.41 "Our diversified growth path across AI, SMB, and enterprise gives us confidence in our guidance of 4% to 6% GSV growth and 6% to 8% revenue growth for the year," Gessert said.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP continues its investigation on behalf of Carvana Co. (“Carvana” or the “Company”) (NYSE:CVNA) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws and other unlawful business practices.
[LEARN MORE ABOUT THE INVESTIGATION]
What Happened?
On January 28, 2026, a report by short seller Gotham City Research alleged that the Company’s reported profitability relies on undisclosed related-party transactions with DriveTime and Bridgecrest. The report claims DriveTime burned over $1 billion in cash while levering up to 20x to 40x EBITDA to subsidize Carvana’s earnings, and that Bridgecrest marked down billions in loans as Carvana recognized gains on loan sales. On this news, the price of Carvana shares declined by $67.68 per share, or approximately 14.2%, from $477.72 per share on January 27, 2026 to close at $410.04 on January 28, 2026.
What Should I Do?
At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.
If you purchased or otherwise acquired Carvana securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.
[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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2026-02-11 03:111mo ago
2026-02-10 21:141mo ago
Gilead Sciences, Inc. (GILD) Q4 2025 Earnings Call Transcript
Gilead Sciences, Inc. (GILD) Q4 2025 Earnings Call February 10, 2026 4:30 PM EST
Company Participants
Jacquie Ross - Senior Vice President of Treasury and Investor Relations
Daniel O'Day - Chairman & CEO
Johanna Mercier - Chief Commercial & Corporate Affairs Officer
Dietmar Berger - Chief Medical Officer
Andrew Dickinson - Chief Financial Officer
Cindy Perettie - Executive Vice President of Kite
Conference Call Participants
Christopher Schott - JPMorgan Chase & Co, Research Division
Louise Chen - Scotiabank Global Banking and Markets, Research Division
Tazeen Ahmad - BofA Securities, Research Division
Michael Yee - UBS Investment Bank, Research Division
Brian Abrahams - RBC Capital Markets, Research Division
Umer Raffat - Evercore ISI Institutional Equities, Research Division
Geoffrey Meacham - Citigroup Inc., Research Division
Daina Graybosch - Leerink Partners LLC, Research Division
Tyler Van Buren - TD Cowen, Research Division
Courtney Breen - Bernstein Institutional Services LLC, Research Division
Presentation
Operator
Good afternoon, everyone, and welcome to Gilead's Fourth Quarter and Full Year 2025 Earnings Conference Call. My name is Rebecca, and I'll be today's host. In a moment, we'll begin our prepared remarks, followed by our Q&A session. [Operator Instructions]
Now I'll hand the call over to Jacquie Ross, Senior Vice President of Treasury and Investor Relations.
Jacquie Ross
Senior Vice President of Treasury and Investor Relations
Thank you, Rebecca. Just after market closed today, we issued a press release with earnings results for the fourth quarter and full year 2025. The press release, slides and supplemental data are available on the Investors section of our website at gilead.com.
The speakers on today's call will be our Chairman and Chief Executive Officer, Daniel O'Day; our Chief Commercial and Corporate Affairs Officer, Johanna Mercier; our Chief Medical Officer, Dietmar Berger; and our Chief Financial Officer, Andrew Dickinson. After that, we'll open the call to Q&A where the team will be joined by Cindy Perettie, the Executive Vice President of Kite.
2026-02-11 03:111mo ago
2026-02-10 21:241mo ago
Robinhood Markets, Inc. (HOOD) Q4 2025 Earnings Call Transcript
Robinhood Markets, Inc. (HOOD) Q4 2025 Earnings Call February 10, 2026 5:00 PM EST
Company Participants
Vladimir Tenev - Co-Founder, President, CEO & Chairman of the Board
Shiv Verma - Senior VP of Finance & Strategy and Treasurer
Chris Koegel - Vice President of Corporate Finance & Investor Relations
Conference Call Participants
Matt S
Alexander Markgraff - KeyBanc Capital Markets Inc., Research Division
Benjamin Budish - Barclays Bank PLC, Research Division
James Yaro - Goldman Sachs Group, Inc., Research Division
Dan Dolev - Mizuho Securities USA LLC, Research Division
Steven Chubak - Wolfe Research, LLC
Patrick Moley - Piper Sandler & Co., Research Division
David Smith - Truist Securities, Inc., Research Division
Brian Bedell - Deutsche Bank AG, Research Division
Devin Ryan - Citizens JMP Securities, LLC, Research Division
Ramsey El-Assal - Cantor Fitzgerald & Co., Research Division
Edward Engel - Compass Point Research & Trading, LLC, Research Division
Michael Cyprys - Morgan Stanley, Research Division
Presentation
Operator
Thank you to everyone for joining Robinhood's Q4 and Full Year 2025 Earnings Call, whether you're tuning into the live stream or here with us in person. With us today are Chairman and CEO, Vlad Tenev; CFO, Shiv Verma; and VP of Corporate Finance and Investor Relations, Chris Koegel.
Vlad and Shiv will offer opening remarks and then open the call to Q&A. During the Q&A portion of the call, we will answer questions from the audience, which includes institutional research analysts, finance content creators, who may hold an ownership position in Robinhood and both institutional and retail shareholders.
As a reminder, today's call will contain forward-looking statements. Actual results could differ materially from our current expectations, and we may not provide updates unless legally required. Potential risk factors that could cause differences, including regulatory developments that we continue to monitor are described in the press release we issued today, the earnings presentation and our SEC filings, all of which can
2026-02-11 03:111mo ago
2026-02-10 21:241mo ago
Air New Zealand cabin crew to strike over stalled talks, union says
The logo for Air New Zealand is displayed at their office located at Sydney International Airport, Australia, June 20, 2017. REUTERS/David Gray Purchase Licensing Rights, opens new tab
CompaniesFeb 11 (Reuters) - Air New Zealand's (AIR.NZ), opens new tab wide-body cabin crew will strike on February 12 and February 13 after negotiations failed to resolve workers' concerns, a New Zealand-based trade union E tū said on Wednesday.
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Reporting by Nichiket Sunil in Bengaluru; Editing by Sherry Jacob-Phillips
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-02-11 03:111mo ago
2026-02-10 21:291mo ago
Proficient Auto Logistics: Post-Earnings Selloff Provides Another Buying Opportunity
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-02-11 03:111mo ago
2026-02-10 21:301mo ago
Woodward Stock Is Up 50% This Year -- but Is There Enough Upside Left for New Investors?
While Woodward stands out as a key supplier in aerospace with strong management and a solid balance sheet, its current valuation and exposure to industry cycles suggest investors may want to wait for a better entry point or clearer signs of lasting margin growth.
Discover how Woodward (NASDAQ: WWD) positions itself as a key player in commercial aerospace, balancing strong management and defensible operations with cyclical risks and valuation concerns. Watch the video below for expert analysis and actionable investor insights.
Anand Chokkavelu has no position in any of the stocks mentioned. Jason Hall has no position in any of the stocks mentioned. Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2026-02-11 03:111mo ago
2026-02-10 21:301mo ago
Elevated Style Meets Modern Power in the Next Generation 2027 Toyota Highlander
Highlander Reimagined for 2027, with All-New, Head-Turning Style, Elevated Comfort, and All-Electric Powertrain Spacious Three-Row SUV with Seating for Up to Seven and Over 45-Cubic Feet of Rear Storage with Third Row Folded Flat Equipped with The Latest Toyota Audio Multimedia and Toyota Safety Sense Systems Assembled in the U.S. at Toyota Motor Manufacturing Kentucky Battery Modules Assembled at the Newly Opened Toyota Battery Manufacturing North Carolina (TBMNC) Battery Plant and Partner Supplier in the U.S. Vehicle-To-Load Technology, Making Highlander Capable of Powering External Devices or Serving as a Backup Power Source in Case of Emergency (Purchase of Bi-Directional Accessories Required) Fourth BEV in the U.S. Toyota Lineup and Toyota's First Three-Row BEV Model in the U.S. Two Grades, Limited or XLE, with Available Front- or All-Wheel Drive XLE AWD and Limited AWD Models Equipped with 95.8-kWh Battery Have 320-Mile Manufacturer Estimated Total Driving Range Rating* Equipped with North American Charging System (NACS) Port for Wide Access to Thousands of DC Fast Charging Stations in the U.S. Powerful Drive with up to 338 Combined System Horsepower and 323 lb.-ft. of Torque , /PRNewswire/ -- Striking style, everyday versatility, and battery electric efficiency, that's the all-new 2027 Highlander. With a stunning new look inside and out, and seating for up to seven, the latest Highlander is the all-electric Toyota built to carry the whole crew. It is also Toyota's first three‑row battery‑electric vehicle (BEV) for the U.S. market and the first BEV assembled in America.
Elevated Style Meets Modern Power in the Next Generation 2027 Toyota Highlander "This new Highlander is designed to be a stylish, high-tech leader in the midsize SUV segment," said David Christ, group vice president of marketing for Toyota. "Its sleek new look, spacious interior, and cutting‑edge technology, make it a great addition to Toyota's growing lineup of BEV's."
The new Highlander's modern new look features clean lines, broad fenders, full-length LED daytime running lights, and flush door handles for an aerodynamic appeal. Inside, a tech-forward cabin with a large 14-inch touchscreen, 12.3-inch driver's display, customizable ambient lighting, and ample device charging in every row give it comfort and convenience. It will also have an available fixed glass panoramic roof that will be the largest in the Toyota lineup, adding an open, bright feeling to the cabin.
The 2027 Highlander will have a Battery Electric powertrain standard and be available in two grades, the well-appointed XLE or the top-of-the-line Limited. The XLE grade will be available in front- or electronic all-wheel drive (FWD or AWD); XLE FWD models will have a 77.0-kWh battery, standard; XLE AWD models will have a choice of 77.0-kWh or 95.8-kWh battery. The Limited grade will have AWD and 95.8-kWh battery, standard. AWD equipped models will also have features like Multi-Terrain Select and Crawl Control. All grades will have the latest in safety and entertainment, with Toyota Safety Sense 4.0 (TSS 4.0) and Toyota Audio Multimedia, standard.
Designed to provide a comfortable space for the whole crew, the 2027 Highlander has a spacious interior with three-row seating for up to seven when equipped with an available bench seat. Its cabin has an elevated feel, with standard SofTex®-trimmed seating, soft-touch materials on the dash and doors, and customizable interior lighting to set the mood. Heated front seats come standard, with ventilated front seats and heated second row seats available. When extra space is required, the third-row folds flat for a rear cargo area with more than 45 cubic feet of storage.
At the forefront of technology, the new Highlander can also serve as a mobile power source with vehicle-to-load (V2L) technology, a first for a Toyota model sold in the United States. This technology can potentially power appliances, like at a tailgate party, or serve as a power backup at home in case of an outage. It also complements Toyota's Charge Assist and ECO Charge features, which are designed to give Highlander the capability to charge during lower-rate times or when energy may be created from renewable resources. Additional details on these capabilities and accessories will be available at a later date.
A standout characteristic of BEV's is their fun-to-drive nature, thanks to a low center of gravity and the instant torque that electric motors can deliver. So, Toyota engineers focused on designing an all-electric Highlander that is both efficient and powerful. "Our goal with the new Highlander was to develop a BEV that fits customers' lives and brings a smile to their faces with sharp acceleration feel and a quiet ride," said Highlander chief engineer Yoshinori Futonagane. To accomplish that aim, the new Highlander has 338 net combined system horsepower and a satisfying 323 lb.-ft. max torque on AWD equipped models. FWD equipped models have 221 net combined system horsepower and 198 lb.-ft. max torque.
The 2027 Highlander joins the Toyota bZ, bZ Woodland, and C-HR models as the fourth BEV in Toyota's lineup. Altogether, Toyota will soon offer 22 different models equipped with electrified powertrains. The 2027 Highlander will be assembled in the United States at Toyota's manufacturing facility in Georgetown, Kentucky, with batteries sourced in America from Toyota's newly opened 13.9-billion-dollar battery assembly plant in Liberty, North Carolina and a supplier partner. Sales of the new Highlander are expected to begin in late 2026, continuing into early 2027; Manufacturer's Suggested Retail Pricing (MSRP) will be announced closer to on-sale date.
*Estimate only. Actual range will vary depending on weather, driving style, and other factors.
Highlander Through the Years
The Toyota Highlander has been an integral part of many families' lives for more than 25 years. First revealed at the New York International Auto Show in April 2000, the first-generation 2001 Toyota Highlander used a modified version of the same unibody platform used on the Toyota Camry. At the time, this innovation set it apart from other SUVs since a body-on-frame design was the norm for trucks and sport utility vehicles. As Toyota's first step into the midsize unibody SUV category, the Highlander had good road manners, a spacious interior, and rugged style that was appealing to customers.
The Highlander Hybrid model was revealed in 2005 for the 2006 model year and was the Toyota brand's first hybrid-powered SUV. Additionally, it was the second Toyota model after the Prius to offer a hybrid powertrain. The model quickly earned honors, like an "Automotive Excellence" award from Popular Mechanics in 2006 and a "Top Pick" from Consumer Reports in the Midsize SUV category in 2007.
The Second-Generation Highlander was introduced soon thereafter and featured a more refined exterior design, improved interior materials, and advanced safety features like a rearview camera and an optional navigation system. It was also the first generation assembled in the U.S., with Highlanders first rolling off the line at Toyota Motor Manufacturing Indiana (TMMI) in Princeton, Indiana in 2009.
Over the years, the Highlander evolved in size and style and took on a refined crossover SUV appearance. The third-generation model, revealed in 2013, brought a more aggressive design and a suite of active safety technologies and advanced driver-assistance features that included Toyota Safety Sense. The fourth-generation model was revealed in 2019 with a more spacious interior, an upgraded hybrid powertrain, and accentuated body lines along the doors and fenders. The 2027 model kicks off the model's fifth generation and carries forward Highlander's push to continually evolve its style, everyday usability, elevated comfort, and efficiency.
Distinctive Design
When Toyota designers and engineers set out to reinvent Highlander as a battery electric vehicle, they wanted to make a model that captured a sense of sophisticated adventure. To achieve this, they coined the term "Best Experience Vehicle" with a focus on building a new Highlander that helps support efficient, safe and comfortable travel for the family.
"Our design mission was to create a new Highlander that pursued the robust proportions of an SUV while also capturing the sophisticated, high-tech aspects of all-electric performance," said Chief Designer Masayuki Yamada. "To accomplish that goal, we designed a model that balanced aerodynamics, interior space, and capability so it is equally suited for elegant urban or outdoor enthusiast lifestyles."
The 2027 Highlander is built on a modified Toyota Next Generation Architecture-K (TNGA-K) platform that was newly developed to house Highlander's high-capacity battery and maximize passenger space. The platform also uses underfloor covers on the front and back end to benefit underfloor airflow as well as front and rear spats to minimize air turbulence generated around the tires. Measures taken to minimize noise and vibration include noise absorbing material on the front and rear door trim, front pillar, wheel wells, roof, and underfloor. Acoustic glass on the front windshield and front side glass is also used.
Toyota's designers also changed the proportions of Highlander to achieve a modern look and confident stance by lowering its overall height and increasing its width and wheelbase. The overall height of 67.3 inches lowers the roofline by 0.8 inch versus the outgoing model; overall width increased to 78.3 inches for an added 2.3 inches; and the wheelbase becomes 120.1 inches, up from 112 inches. Altogether, the new exterior dimensions allowed designers to give the model a planted, agile appearance, with the wheels set closer to the corners, while also maximizing interior space.
From the front, the new Highlander emphasizes Toyota's signature hammerhead design with the use of slim daytime running lights (DRL) that are housed separately from the main headlights. The linear-shaped DRL is integrated into the vehicle's front end for a look that evokes strength and simplicity with broad surfaces, a thick sweptback grill, and geometric bumper corners that encompass the headlamps for a modern impression.
The sophisticated appeal continues along the side of the vehicle. The new Highlander's profile sweeps rearward from the front end through a sleek, tapered cabin with large windows. Its front and rear end have broad fenders that exude confidence and drivability. Along the side, smooth door panels complement the broad fenders to emphasize its robust image and semi-flush door handles with a newly adopted electronic latch, a rear spoiler that is smoothly integrated into the rear pillar, and black painted window trim that gives it a simple-yet-refined style.
Available exterior paint colors on the new Highlander further its expressive nature. Single tone colors include the all-new Spellbound, along with Wind Chill Pearl, Heavy Metal, Everest, Reservoir Blue, and Midnight Black Metallic. Two tone paint combinations are also available, pairing Spellbound, Wind Chill Pearl, Heavy Metal, or Everest with a black roof. Interior colors are clean and modern, with Black, Portobello, and an all-new Misty Gray available.
Elevated Interior
On the inside, the all-new Highlander aims to create a comfortable cabin by giving it an open feeling, refined comfort, and tech-forward design. The cockpit is driver-focused and centers around an LED digital gauge cluster with customizable settings, temperature controls with adjustability via hard buttons, and a large slim bezel touchscreen. A Head Up Display (HUD) is available. Ambient lighting is standard, with 64 different color choices to set the perfect mood for a night out on the town. It is also thoughtfully integrated into the Safe Exit Assist system with ambient lights on the doors that will flash in case of an issue.
Seating is made of durable materials and stylish patterns that add beauty to the interior. All grades will have new-look SofTex-trimmed seating with heated first row seating standard. The Limited grade adds unique textured patterns, front seat ventilation function, and second row heat. Second-row captain's chairs come standard, with an available bench seat for the XLE AWD grade. The third-row seat provides ample room for two adults and is easily accessible via an electronically assisted one-touch fold button on the second-row seats.
The interior space is thoughtfully fashioned to help maximize usability. The center console has a standard dual Qi wireless charging tray that is cleverly angled to prevent slipping and is trimmed in a synthetic-suede material. The USB-C chargers are also located throughout the cabin, with ports located on the rear of the front seats for second row passengers and on the rear window ledges for the third row. Rear HVAC controls, accessible on the rear of the center console, are easily within reach for second row passengers. Rear window shades are also available for a more private sense of space.
Storage is also cleverly designed. The multi-function center console features a small item storage tray, cup holders, and an under-tray storage, with the console storage box providing an additional place for valuables. Storage slots for tablets and/or phones in the standard second row console, and third row cupholders provide thoughtful places for passengers to stash electronics. Ample cup holders are placed throughout, with 18 total locations. A standard hands-free power liftgate provides easy access to the rear cargo area. When extra storage is required, folding the third-row flat is as simple as pulling a lever on the rear seats.
Electrifying Efficiency
Within the 2027 Highlander lineup, customers will be able to choose from driving range and battery options that best fit their needs, options include:
XLE FWD with 77.0-kWh battery with a manufacturer-estimated 287-mile total driving range rating* XLE AWD with 77.0-kWh battery with a manufacturer-estimated 270-mile total driving range rating* XLE AWD with 95.8 -kWh battery with a manufacturer-estimated 320-mile total driving range rating* Limited AWD with 95.8 -kWh battery with a manufacturer-estimated 320-mile total driving range rating* It will have a standard North American Charging System (NACS) port that is compatible with thousands of Level 3 DC charging stations nationwide. Under ideal conditions when using DC fast charging, it is capable of charging from 10% to 80% battery capacity in around 30 minutes. For added charging flexibility, it will also have Level 1 and Level 2 AC charging; a dual-voltage 120V/240V charging cable is included.
A Battery Preconditioning feature is also equipped**. This system is designed to bring the battery to an optimal temperature for DC fast charging, which can enable faster charging.
This feature can be activated manually using system settings or can be automatically activated through an active Drive Connect trial or subscription by setting the navigation system to a fast-charging station**. It will also have Plug & Charge*** capability, an industry standard protocol that allows automatic identification, authentication, and authorization on selected charging networks, reducing the need for multiple mobile charging applications.
*Estimate only. Actual range will vary depending on weather, driving style and other factors.
**Battery Preconditioning automatic activation function requires an active Drive Connect trial or subscription. 3-year trial included. 5G network dependent.
***Plug & Charge requires an Active Remote Connect trial or subscription. 3-year trial included. 5G network dependent.
Advanced Technology
The 2027 Highlander also receives the latest-generation Toyota Audio Multimedia. Developed in North America in partnership with Toyota Motor North America and Toyota Connected North America, the updated infotainment system features AT&T 5G network connectivity and an intuitive, smartphone-like design that offers customizable widgets on its new home screen. It also has enhanced embedded Voice Assistant functions that enable faster responses to "Hey Toyota" prompts.
Paired with the touchscreen display, the Toyota Audio Multimedia system will provide customers with choice thanks to standard wireless Apple CarPlay® and Android Auto™ compatibility, and simultaneous dual Bluetooth® phone connectivity. To read the full news release about the latest Toyota Audio Multimedia system, click here.
The new system also has enhanced entertainment with the introduction of SiriusXM® with 360L® and newly available integrated streaming with Spotify® (separate subscriptions required). The native turn-by-turn navigation now displays full screen on the digital gauge cluster, a first for Toyota Audio Multimedia.
The 2027 Highlander also has a standard built-in Drive Recorder, a dashcam-style feature that utilizes the vehicle's exterior cameras to capture 20-second clips of both manual and triggered events when operating.
The 2027 Highlander also comes with a host of Connected Services* trials that include Drive Connect with Intelligent Assistant, Cloud Navigation with 3D Maps and Destination Assist; Safety Connect and Service Connect. Customers can also use the Toyota mobile application to stay connected to their Highlander with Remote Connect**, which also enables remote charging capabilities to check charging status, start/stop charging when the vehicle is already plugged in and even edit charging schedules The Toyota app also provides an easy-to-use map to find charging station locations near you or along your route, making it easier than ever for customers to managing their charging needs.
*All trials begin on the purchase or lease date of new vehicle with the exception of Wi-Fi Connect for which trial begins at time of activation.
**Active trial or subscription required. 5G network dependent.
Safety & Convenience
The 2027 Toyota Highlander comes with the recently updated Toyota Safety Sense (TSS 4.0) system. The new version of Toyota's standard active safety suite and convenience technologies brings updates to its hardware and detection capabilities and has the following features:
Pre-Collision System with Pedestrian Detection (PCS w/PD) is designed to help detect a vehicle, pedestrian, bicyclist or motorcyclist and provide an audio/visual forward-collision warning under certain circumstances. If you don't react, the system is designed to provide automatic emergency braking. Full-Speed Range Dynamic Radar Cruise Control (DRCC) is an adaptive cruise control system that is designed to be set at speeds above 20 mph. DRCC uses vehicle-to-vehicle distance control to help maintain a preset distance from the vehicle ahead. Lane Departure Alert with Steering Assist (LDA w/SA) detects lane markings or the road's edge at speeds above 30 mph. LDA w/SA is designed to provide an audible/visual warning if an inadvertent lane departure is detected. If no corrective action is taken, Steering Assist is designed to provide gentle corrective steering for lane-keeping assistance. Automatic High Beams (AHB) are designed to detect headlights of oncoming vehicles and taillights of preceding vehicles. AHB automatically toggles between high and low beams as appropriate. Lane Tracing Assist (LTA) is designed to help keep the vehicle in the center of a lane. LTA assists the driver with steering control while DRCC is in use. Road Sign Assist (RSA) uses the forward-facing camera to recognize specific road signs such as speed limits and stop signs. RSA provides road sign information to the driver via the Multi-Information Display. Proactive Driving Assist (PDA) uses the vehicle's camera and radar, when system operating conditions are met, to provide gentle braking and/or steering to support driving tasks such as distance control between your vehicle and a preceding vehicle In addition to TSS 4.0, the 2027 Highlander is equipped with Toyota's Star Safety System, which includes Enhanced Vehicle Stability Control (VSC), Traction Control (TRAC), Electronic Brake-force Distribution (EBD), Brake Assist (BA), Anti-lock Braking System (ABS) and Smart Stop Technology (SST). Front and Rear Parking Assist with Automatic Braking (PKSB) is also standard. Other available convenience technologies include Panoramic View Monitor and Advanced Park.
The 2027 Highlander also has great standard convenience features like a rear seat reminder system, backup camera with dynamic gridlines, smart key with push button start, Blind Spot Monitor with Rear Cross-Traffic Alert, Tire Pressure Monitor System (TPMS) with direct pressure read-out and individual tire location alert, and Hill Start Assist Control.
Two Well-Equipped Grades
The 2027 Toyota Highlander will be available in two grades, with great features across the lineup, select standard features include:
XLE Grade
Full-width LED DRL Front acoustic glass 19-inch wheel with full aero cap Semi-flush electronic door handles 14-inch touchscreen with Toyota Audio Multimedia 6-speaker audio system 12.3-inch digital gauge cluster 64-color customizable ambient lighting SofTex-trimmed seating Heated front seats and steering wheel Second row seats with 1-touch fold Paddle shifters with regenerative braking NACS charging port for DC fast charging compatibility 11-kW onboard AC charger 120V/240V dual-voltage charging cable TSS 4.0 Drive recorder Limited Grade (adds to or replaces XLE features)
Side view mirrors with memory and reverse tilt function Head up display Ventilated front seats Heated second row seats Rear sunshades Advanced Park Traffic Jam Assist* Panoramic View Monitor Lane Change Assist Front Cross Traffic Alert *Requires an active Drive Connect trial or subscription. 5G network dependent.
Select available features include:
Bench seating (XLE AWD only) Panoramic roof (All Grades) JBL® Premium Audio system with 11 speakers, subwoofer and amplifier (XLE AWD and Limited) Two-tone paint (Limited) 22-inch wheels (Limited) Key Specifications
Grades
XLE, Limited
Available Drivetrains
XLE: FWD/AWD
Limited: AWD
Powertrain
Battery Electric
Available Battery/Range Options & Manufacturer
Estimated Total Driving Range Ratings
• XLE FWD with 77.0-kWh battery with a manufacturer-
estimated 287-mile total driving range rating*
• XLE AWD with 77.0-kWh battery with a manufacturer-
estimated 270-mile total driving range rating*
• XLE AWD with 95.8 -kWh battery with a manufacturer-
estimated 320-mile total driving range rating*
• Limited AWD with 95.8 -kWh battery with a manufacturer-
estimated 320-mile total driving range rating*
Horsepower (Total System Output)
XLE FWD: 221 hp
XLE AWD: 338 hp
Limited AWD: 338 hp
Torque
XLE FWD: 198 lb.-ft.
XLE AWD: 323 lb.-ft.
Limited AWD: 323 lb.-ft.
Dimensions
Overall Length
198.8-in.
Overall Width
78.3-in.
Overall Height
67.3-in.
Wheelbase
120.1-in.
Cargo Volume (3rd row folded down)
45.6 -ft3
Cargo Volume (3rd row up)
15.9-ft3
*Manufacturer-estimated total driving range ratings. Mileage will vary for many reasons
Limited Warranty
Toyota's 36-month/36,000-mile basic new-vehicle warranty applies to all components other than normal wear and maintenance items. Additional 60-month warranties cover the powertrain for 60,000 miles and corrosion with no mileage limitation. The Electric Vehicle Driving Components, including the traction battery, are covered for 8 years or 100,000 miles, whichever comes first. Toyota dealers have complete details on the limited warranty.
The 2027 Toyota Highlander also comes with ToyotaCare, a plan covering normal factory-scheduled maintenance, for 1 year or 10,000 miles, whichever comes first, and 24/7 Roadside Assistance for 2 years/unlimited mileage. ToyotaCare valid only in the continental U.S.; Roadside Assistance valid in continental U.S., Hawaii and Canada. See Toyota dealer for details and exclusions.
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.
Toyota directly employs nearly 48,000 people in the U.S. who have contributed to the design, engineering, and assembly of more than 35 million cars and trucks at our 11 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.
MEDIA CONTACT
Paul Hogard
[email protected]
469-292-6791
SOURCE Toyota Motor North America
2026-02-11 03:111mo ago
2026-02-10 21:311mo ago
Robert Half International: Business Needs To Grow Top Line To Justify A Buy
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2026-02-11 03:111mo ago
2026-02-10 21:321mo ago
CORRECTING and REPLACING Q2 FY26 Results: LuxExperience Group reports Net Sales growth of +5.7% ex-FX and return to Adjusted EBITDA profitability, fully confirming the transformation plan targets
MUNICH--(BUSINESS WIRE)--Reissued press release to correct certain line items in the Unaudited Condensed Consolidated Statements of Financial Position and the Unaudited Condensed Consolidated Statements of Changes in Equity.
The updated release reads:
Q2 FY26 RESULTS: LUXEXPERIENCE GROUP REPORTS NET SALES GROWTH OF +5.7% EX-FX AND RETURN TO ADJUSTED EBITDA PROFITABILITY, FULLY CONFIRMING THE TRANSFORMATION PLAN TARGETS
KEY HIGHLIGHTS FOR THE SECOND QUARTER ENDED DECEMBER 31, 2025
Top-line growth for the first time reporting as LuxExperience Group (illustrative) with Net Sales +1.1% (+5.7% ex-FX) and +0.2% GMV (+4.7% ex-FX) vs. Q2 FY25 Return to profitability on Group level with an Adjusted EBITDA margin of +2.0% in Q2 FY26 as compared to previous quarters Results confirm transformation plan medium-targets of €4bn Net Sales and 7-9% Adj. EBITDA margin Outstanding GMV Growth for Mytheresa of +12.7% ex-FX (+9.9% reported) with Adjusted EBITDA increasing +40% to a 9.3% Adjusted EBITDA margin vs. Q2 FY25 Transformation plan progressing with clear impact: Core Focus of SG&A cost reduction showing first good results; Group Adj. SG&A cost ratio decreasing by 180bps in Q2 FY26, excluding the impact of capitalized IT development costs for better like-for-like comparison Positive Cash Flow from Operating Activities for the Group of €118.5 million LuxExperience B.V. (NYSE:LUXE) (the “Company”), today announced its financial results for its second quarter of fiscal year 2026 ended December 31, 2025. The leading luxury multi-brand digital platform reported overall growth and return to profitability on adjusted EBITDA level in the second quarter with clear improvement across all three segments. The results in Q2 FY26 confirm that LuxExperience is fully on track with its transformation plan targeting medium-term €4bn Net Sales and a 7-9% Adjusted EBITDA margin. Mytheresa demonstrated continued outstanding GMV growth, outpacing the industry, and significantly increased its Adjusted EBITDA profitability in the second quarter of fiscal year 2026. NET-A-PORTER and MR PORTER showed continued improvement vs. preceding quarters as a direct result of the execution of the group’s new strategic direction with a clear focus on the customer and cost discipline. The Off-Price segment also showed clear signs of improvement based on the back to healthy core strategy followed by the new management.
Michael Kliger, Chief Executive Officer of LuxExperience, said, “We are extremely pleased with the results of the second quarter. The initiated turnaround at ex-YNAP already shows good results with growth and a return to adjusted EBITDA profitability at Group level. Our proven ability to deliver profitable growth at Mytheresa is now being applied to the newly acquired businesses by an extremely dedicated and experienced new management. As a Group we truly possess the secret sauce in digital luxury.”
Kliger continued, “Over the past decade, Mytheresa has consistently built and grown trusted relationships with its brand partners and customers. These relationships are the foundation of our success. Sustainable and profitable growth in luxury comes from providing brands and customers with the very best in service and experience. We know how to engage with true luxury customers through desirability, emotion, exclusivity, and community. As a Group we will seize the tremendous opportunities that present themselves to us going forward.”
LUXEXPERIENCE FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER ENDED DECEMBER 31, 2025 (on an illustrative basis)
Amounts in € million are reported figures unless stated otherwise
Net Sales increase of +1.1% reported (+5.7% ex-FX) to €645.1 million as compared to €638.0 million in the prior year quarter GMV growth of +0.2% reported (+4.7% ex-FX) to €684.8 million in Q2 FY26 as compared to €683.5 million in the prior year period Adj. SG&A costs decrease in Q2 FY26 driven by the first results of the transformation plan to 19.1% in relation to GMV, down 180bps from 20.9%, excluding the impact of capitalized IT development costs for better like-for-like comparison Positive Adjusted EBITDA of €13.2 million with an Adjusted EBITDA margin of +2.0% Strong positive Cash Flow from Operating Activities of €118.5 million LUXURY | MYTHERESA FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER ENDED DECEMBER 31, 2025
Amounts in € million are reported figures unless stated otherwise
Net Sales increase of +8.8% reported (+11.6% ex-FX) year over year to €242.7 million as compared to €223.0 million in Q2 FY25 GMV growth of +9.9% reported (+12.7% ex-FX) to €268.9 million in Q2 FY26 as compared to €244.7 million in the prior year period Gross Profit margin of 52.3%, an increase of 140bps year over year Adjusted EBITDA of €22.6 million vs. €16.2 million in Q2 FY25 and an Adjusted EBITDA margin of 9.3% in Q2 FY26 as compared to 7.3% in the prior year period LUXURY | NAP & MRP FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER ENDED DECEMBER 31, 2025 (on an illustrative basis)
Amounts in € million are reported figures unless stated otherwise
Net Sales decrease of -1.0% reported (+6.0% ex-FX) year over year to €277.1 million as compared to €279.8 million in the prior year quarter, significant sequential improvement from -10.8 decline reported in Q1 FY26 GMV decrease of -1.9% reported (+4.9% ex-FX) to €290.7 million in Q2 FY26 as compared to €296.2 million in the prior year period, strong sequential recovery from -10.8% decline reported in Q1 FY26 Gross Profit Margin of 46.1% in Q2 FY26 as compared to 46.8% in Q2 FY25, driven by one-time gross-margin increasing effects in the prior year period Significant decrease of the Adj. SG&A cost ratio from 27.6% in Q1 FY26 to 22.7% in Q2 FY26 Adjusted EBITDA of -€1.9 million in Q2 FY26 with an Adjusted EBITDA margin of -0.7% as compared to 4.2% in the prior year period OFF-PRICE | YOOX FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER ENDED DECEMBER 31, 2025 (on an illustrative basis)
Amounts in € million are reported figures unless stated otherwise
Net Sales decrease of -7.3% reported (-4.6% ex-FX) to €125.3 million as compared to €135.2 million in the prior year quarter, sequential recovery from reported -16.5% in Q1 FY26 GMV decline of -12.1% reported (-9.4% ex-FX) to €125.3 million in Q2 FY26 as compared to €142.5 million in the prior year period, clear improvement from reported -19.3% decline in Q1 FY26 Gross Profit Margin of 42.8% in Q2 FY26 as compared to 46.2% in the prior year period Significant decrease of the Adj. SG&A cost ratio from 28.6% in Q1 FY26 to 26.9% in Q2 FY26 Negative Adjusted EBITDA of -€7.5 million in Q2 FY26 with an Adjusted EBITDA margin of -6.0%, sequential improvement from -18.1% in Q1 of FY26 LUXURY | MYTHERESA KEY BUSINESS HIGHLIGHTS
Launch of exclusive capsule collections and pre-launches in collaboration with Dolce & Gabbana, Moncler Grenoble, Loewe, Bottega Veneta, Christian Louboutin, Etro, Roger Vivier, Studio Nicholson x Aaron Levine and many more Impactful Top Customer events and “money-can’t-buy” experiences, including Roger Vivier in Paris, Tom Ford in London, and Moncler Grenoble in Gstaad Intensified outreach to high end luxury community with immersive customer experiences like a winter ski pop-up in China, a holiday gift shop in the US and the Maison Mytheresa club in Switzerland Increase in GMV per top customer of +12.5% and strong increase in Average Order Value (AOV) LTM to €824, a 12.0% (reported) increase vs. Q2 FY25 Industry-leading Net Promoter Score of 83.7 in Q2 FY26, up 40bps vs. the prior year period LUXURY | NAP & MRP KEY BUSINESS HIGHLIGHTS(1)
NET-A-PORTER and MR PORTER driving customer engagement through uniquely engaging editorial content NET-A-PORTER featured Le Club Rabanne via an exclusive capsule and PORTER Magazine cover; headlined the December issue of PORTER Magazine with a Serena Williams exclusive; and relaunched same day delivery in London and New York, supported by a multi-channel Holiday and Gifting Campaign MR PORTER featured musician and writer Josh Homme in the MR PORTER Journal; launched new video franchises (Ways to Wear, Behind the Brand); executed three gifting video campaigns; and hosted a joint party to kick off the holiday season with Brand Director Jeremy Langmead and actor Billie Piper Growth in GMV per top customer of +3.6% and strong increase in Average Order Value (AOV) LTM to €861 in Q2 FY26, a 13.6% (reported) increase vs. Q2 FY25 Net Promoter Score up 1,200bps to now 65.3 in Q2 FY26 OFF-PRICE | YOOX KEY BUSINESS HIGHLIGHTS(1)
First physical events in Berlin and Milan, boosting brand engagement and customer community-building Growth in GMV per top customer of +4.1% and strong increase in Average Order Value (AOV) LTM to €255, a 11.4% (reported) increase vs. Q2 FY25 Net Promoter Score of 50.2 in Q2 FY26, a 2,030bps improvement vs. LY GROUP KEY BUSINESS HIGHLIGHTS
Partial workforce reduction across several sites now being executed Consolidation of infrastructure including warehouse footprint rationalization and consolidation of studio production facilities Tech migration kicked off with first major milestones in CY 2026 Future cost savings secured based on comprehensive renegotiation of services contracts across the company SALE OF ASSETS POWERING THE OUTNET
On October 31, 2025, LuxExperience B.V. and The O Group LLC announced that they have entered into a binding agreement for LuxExperience to sell the set of assets powering THE OUTNET platform:
THE OUTNET Assets to be transferred will include the relevant brand rights, customer data, full inventory and the US distribution center as well as required work-force in the US and the UK employees A Cash consideration of USD 30 million will be paid for THE OUTNET Assets, which is subject to adjustment based on inventory levels at closing, and for a certain period after closing LuxExperience will provide certain operational and IT services all priced at cost level LuxExperience will continue its commercial relationship with THE OUTNET also after closing of the transaction Transaction is expected to enable THE OUTNET to achieve its full potential under a renewed independent, stand-alone business model The divestment of THE OUTNET Assets allows LuxExperience to focus off-price resources on its YOOX business and accelerate the overall transformation plan in regard to an efficient infrastructure platform for NET-A-PORTER and MR PORTER Closing of the transaction is expected in Q3 FY26, subject to certain closing conditions, including customary regulatory approvals and payment of the purchase price, which is subject to adjustment based on inventory levels at closing In our financial reporting, the off-price segment refers to the business of YOOX, while THE OUTNET is classified as “discontinued operations” and is no longer considered part of LuxExperience’s core financial performance.
UPDATED GUIDANCE
With the implementation of our transformation plan executed in line with our targets, we narrow the ranges of our existing guidance for the full FY26.
Therefore, LuxExperience now expects for FY26:
GMV €2.5 billion to €2.7 billion (previously €2.4 billion to €2.7 billion) and an Adjusted EBITDA margin between -1% to +1% (previously -2% to +1%) CONFERENCE CALL AND WEBCAST INFORMATION
LuxExperience expects to release second quarter of fiscal year 2026 financial results before the U.S. market open on February 10, 2026. A conference call to discuss its results will follow at 8:00am Eastern Time that same day.
Event: LuxExperience Second Quarter Fiscal Year 2026 Earnings Conference Call
Event Date: February 10, 2026
Event Time: 8:00am ET
Webcast: Please follow the link
A webcast replay will be available on LuxExperience’s investor relations website at investors.luxexperience.com
FORWARD LOOKING STATEMENTS
This press release contains “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, including statements relating to financing activities; future sales, expenses, and profitability; future development and expected growth of our business and industry; our ability to execute our business model and our business strategy; having available sufficient cash and borrowing capacity to meet working capital, debt service and capital expenditure requirements for the next twelve months; and projected capital spending. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements are only predictions. Actual events or results may differ materially from those stated or implied by these forward-looking statements. In evaluating these statements and our prospects, you should carefully consider the factors set forth below.
The risk that the completed YNAP acquisition and the post-acquisition integration could have an adverse effect on the ability of YNAP to retain customers and retain and hire key personnel and maintain relationships with their brand partners and customers and on their operating results and businesses generally; the risk that problems may arise in successfully integrating the businesses of YNAP and Mytheresa, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the combined company may be unable to achieve cost-cutting synergies or that it may take longer than expected to achieve those synergies; LuxExperience’s ability to effectively compete in a highly competitive industry; LuxExperience’s ability to respond to consumer demands, spending and tastes; foreign currency exchange rate fluctuations; general economic conditions, including economic conditions resulting from deteriorating geopolitical and macroeconomic conditions, such as the recent global trade war, that may adversely impact consumer demand; LuxExperience’s ability to acquire new customers and retain existing customers; consumers of luxury products may not choose to shop online in sufficient numbers; the volatility and difficulty in predicting the luxury fashion industry; LuxExperience’s reliance on consumer discretionary spending; and LuxExperience’s ability to maintain average order levels and other factors.
We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.
The achievement or success of the matters covered by such forward-looking statements involves known and unknown risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make.
You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management’s beliefs and assumptions only as of the date such statements are made.
Further information on these and other factors that could affect our financial results is included in filings we make with the U.S. Securities and Exchange Commission (“SEC”) from time to time, including the section titled “Risk Factors” included in the Form 20-F filed on October 30, 2025. These documents are available on the SEC’s website at www.sec.gov and on the SEC Filings section of the Investor Relations section of our website at: https://investors.luxexperience.com.
The acquisition of YOOX Net-A-Porter Group S.p.A. (“YNAP”) (together with its subsidiaries, “YNAP Sub-Group”) by LuxExperience was completed on April 23, 2025 ("YNAP Acquisition"). The results of YNAP are included within the consolidated financial statements of LuxExperience for the period beginning on the date of the acquisition through the end of the respective period presented and the results of Mytheresa are included for the entirety of all periods presented.
ABOUT NON-IFRS FINANCIAL MEASURES AND OPERATING METRICS
Our non-IFRS financial measures include:
Adjusted EBITDA is a non-IFRS financial measure that we calculate as net income before finance expense (net), taxes, and depreciation and amortization, adjusted to exclude the recognition/release of extraordinary inventory write down, other transaction-related, certain legal and other expenses share-based compensation expense and one-off Intercompany recharges. Adjusted EBITDA Margin is a non-IFRS financial measure which is calculated in relation to net sales. Gross Merchandise Value (GMV) is an operative measure and means the total Euro value of orders processed. GMV is inclusive of merchandise value, shipping and duty. It is net of returns, value added taxes and cancellations. GMV does not represent revenue earned by us. We use GMV as an indicator for the usage of our platform that is not influenced by the mix of direct sales and commission sales. The indicators we use to monitor usage of our platform include, among others, active customers, total orders shipped and GMV. Gross Merchandise Value (GMV) and Net Sales Growth on a constant currency basis (ex-FX) are non-IFRS financial measures that are calculated by translating current period financial data at the prior year average exchange rates applicable to the local currency in which the transactions are denominated, including effects from hedge accounting. We use constant currency information to provide us with a picture of underlying business dynamics, excluding currency effect. These calculations do not include any other macroeconomic effect such as local currency inflation effects or any price adjustment to compensate local currency inflation or devaluations. While we believe that constant currency information may be useful to investors in understanding and evaluating our results of operations in the same manner as our management, our use of constant currency metrics has limitations as an analytical tool, and you should not consider it in isolation, or as an alternative to, or a substitute for analysis of our financial results as reported under IFRS. Further, other companies, including companies in our industry, may report the impact of fluctuations in foreign currency exchange rates differently, which may reduce the value of our constant currency information as a comparative measure. Illustrative key operating and financial metrics by segment are non-IFRS financial measures that we present by segment for each period and were prepared by combining the historical standalone statements of operations for each of legacy YNAP and Mytheresa. These measures are provided for illustrative purposes only and do not purport to represent what the actual consolidated results of operations or consolidated financial condition would have been had the acquisition actually occurred on the date indicated, nor do they purport to project the future consolidated results of operations or consolidated financial condition for any future period or as of any future date. In addition, these measures have not been prepared in accordance with Article 11 of Regulation S-X. We are not able to forecast net income (loss) on a forward-looking basis without unreasonable efforts due to the high variability and difficulty in predicting certain items that affect net income (loss), including, but not limited to, Income taxes and Interest expense and, as a result, are unable to provide a reconciliation to forecasted Adjusted EBITDA.
SEGMENT REALIGNMENT
Beginning with the first quarter ended September 30, 2025, LuxExperience has realigned its reportable segments to correspond with changes to its operating model to reflect its new management structure and organizational responsibilities following the acquisition of YNAP. As further described herein, LuxExperience's three reportable segments are: Luxury | Mytheresa, Luxury | NAP & MRP, and Off-price | YOOX. THE OUTNET is classified as “discontinued operations” and is no longer considered part of our LuxExperience’s core financial performance.
ABOUT LUXEXPERIENCE
LuxExperience is the leading digital, multi-brand luxury group and the online shopping destination for luxury enthusiasts worldwide. LuxExperience operates a portfolio of some of the most distinguished store brands in digital luxury and creates communities for luxury enthusiasts with unique digital and physical experiences. Mytheresa, NET-A-PORTER and MR PORTER, jointly comprising the luxury segments of LuxExperience, offer highly curated edits of the most prestigious luxury brands across the world, featuring womenswear, menswear, kidswear, fine jewelry & watches, and lifestyle products. YOOX, which forms the off-price segment of LuxExperience, is the leading destination for multi-brand off-season online luxury shopping. The NYSE listed group operates worldwide.
For more information, please visit https://investors.luxexperience.com.
LuxExperience B.V.
Illustrative key operating and financial metrics by segment for the
three months and six months ended December 31, 2024 and 2025
The following illustrative segment information for Luxury | Mytheresa, Luxury | NAP & MRP and Off-Price | YOOX is presented as if these segments had been included in LuxExperience Group’s management reporting for the three months and six months ended December 31, 2024. These segments were not presented in the Company’s unaudited quarterly report for the three and six months ended December 31, 2024 as the YNAP Group was subsequently acquired on April 23, 2025, and therefore was not owned by the Company during the prior year comparative period presented. The following segment information should not be viewed as a substitute for LuxExperience Group’s segment reporting. Further, the segment information presented here is not necessarily indicative of LuxExperience Group’s results to be expected for any future periods.
THE OUTNET, which was previously managed and monitored as a separate major line of business within the Off-Price segment, has been classified as a discontinued operation in accordance with IFRS 5 for the three and six months ended December 31, 2025. Accordingly, financial performance for this period has been excluded from the Off-Price segment and is reported separately within discontinued operations. Further information on THE OUTNET and the related discontinued operations presentation can be found in Note 9 within the notes to the financial statements.
The following table shows our operating and financial metrics for Luxury | Mytheresa segment for the three months and six months ended December 31, 2024 and 2025. For the periods presented, these figures represent actual results and are not illustrative in nature.
Three Months Ended
Six Months Ended
December 31, 2024
December 31, 2025
Change
in % / BPs
December 31, 2024
December 31, 2025
Change
in % / BPs
(in € millions) (unaudited)
Gross Merchandise Value (GMV) (1)
244.7
268.9
9.9%
461.2
514.7
11.6%
Active customer (LTM in thousands) (1), (2)
843
788
(6.5%)
843
788
(6.5%)
Total orders shipped (LTM in thousands) (1), (2)
2,089
1,985
(5.0%)
2,089
1,985
(5.0%)
Average order value (LTM)(2)
736
824
12.0%
736
824
12.0%
Net sales
223.0
242.7
8.8%
424.7
469.1
10.4%
Gross profit
113.6
127.0
11.8%
202.2
227.9
12.7%
Gross profit margin(3)
50.9%
52.3%
140 BPs
46.7%
48.6%
190 BPs
Adjusted EBITDA(4)
16.2
22.6
39.5%
19.1
30.5
59.5%
Adjusted EBITDA margin(3)
7.3%
9.3%
200 BPs
4.5%
6.5%
200 BPs
The following table illustrates operating and financial metrics for Luxury | NAP & MRP segment for the three and six months ended December 31, 2024 and 2025. For the three and six months ended December 31, 2025, these figures represent actual results and for the three and six months ended December 30, 2024, these figures are illustrative in nature.
Three Months Ended
Six Months Ended
December 31, 2024
December 31, 2025
Change
December 31, 2024
December 31, 2025
Change
in % / BPs
in % / BPs
(in millions) (unaudited)
Gross Merchandise Value (GMV) (1)
296.2
290.7
(1.9%)
547.9
515.2
(6.0%)
Active customer (LTM in thousands) (1), (2)
1,084
831.0
(23.3%)
1,084
831.0
(23.3%)
Total orders shipped (LTM in thousands) (1), (2)
2,835
2,274.0
(19.8%)
2,835
2,274.0
(19.8%)
Average order value (LTM) (2)
758
861.0
13.6%
758
861.0
13.6%
Net sales
279.8
277.1
(1.0%)
517.8
489.3
(5.5%)
Gross profit
130.9
127.9
(2.3%)
241.7
228.6
(5.4%)
Gross profit margin(3)
46.8%
46.1%
(60) BPs
46.7%
46.7%
0 BPs
Adjusted EBITDA(4)
11.8
(1.9)
(116.3%)
9.8
(12.2)
(224.8%)
Adjusted EBITDA margin(3)
4.2%
(0.7%)
(490) BPs
1.9%
(2.5%)
(440) BPs
The following table illustrates operating and financial metrics for Off-Price | YOOX segment for the three and six months ended December 31, 2024 and 2025. For the three and six months ended December 31, 2025, these figures represent actual results and for the three and six months ended December 31, 2024, these figures are illustrative in nature.
Three Months Ended
Six Months Ended
December 31, 2024
December 31, 2025
Change
December 31, 2024
December 31, 2025
Change
in % / BPs
in % / BPs
(in millions) (unaudited)
Gross Merchandise Value (GMV) (1)
142.5
125.3
(12.1%)
290.2
243.9
(16.0%)
Active customer (LTM in thousands) (1), (2)
1,296
1,081
(16.6%)
1,296
1,081
(16.6%)
Total orders shipped (LTM in thousands) (1), (2)
3,598
2,857
(20.6%)
3,598
2,857
(20.6%)
Average order value (LTM) (2)
229
255
11.4%
229
255
11.4%
Net sales
135.2
125.3
(7.3%)
277.3
244
(12.1%)
Gross profit
62.5
53.7
(14.1%)
108.8
96.7
(11.1%)
Gross profit margin(3)
46.2%
42.8%
(340) BPs
39.2%
39.7%
40 BPs
Adjusted EBITDA(4)
(0.4)
(7.5)
(1,778.5%)
(30.4)
(26.6)
(12.6%)
Adjusted EBITDA margin(3)
(0.3%)
(6.0%)
(570) BPs
(11.0%)
(10.9%)
10 BPs
The following tables include comparative illustrative segment information for the three and six months ended December 31, 2024. For the three and six months ended December 31, 2024, the amounts reflect actual results for the Luxury | Mytheresa segment and illustrative information for the Luxury | NAP & MRP and Off-Price | YOOX segments.
Three months ended December 31, 2024
(in € millions) (unaudited)
Luxury
Mytheresa
Luxury
NAP &
MRP
Off-
Price
YOOX
Total
Segments
excl.
Other
Other (3)
Aggregated
Net sales
223.0
279.8
135.2
638.0
52.6
690.6
Cost of sales, exclusive of depreciation and amortization
(109.4)
(148.9)
(72.6)
(330.9)
(51.9)
(382.8)
Gross profit
113.6
130.9
62.5
307.0
0.7
307.8
Shipping and payment cost
(33.7)
(33.7)
(20.7)
(88.1)
(4.7)
(92.8)
Marketing expenses
(30.1)
(24.9)
(9.8)
(64.8)
(1.9)
(66.7)
Selling, general and administrative expenses
(33.9)
(63.3)
(34.5)
(131.7)
(6.0)
(137.7)
Other income (expense), net
0.3
2.9
2.1
5.3
1.3
6.6
Segment EBITDA
16.2
11.8
(0.4)
27.6
(10.7)
17.2
Six months ended December 31, 2024
(in € millions) (unaudited)
Luxury
Mytheresa
Luxury
NAP &
MRP
Off-
Price
YOOX
Total
Segments
excl.
Other
Other (3)
Aggregated
Net sales
424.7
517.8
277.3
1,219.8
94.1
1,314.0
Cost of sales, exclusive of depreciation and amortization
(222.5)
(276.1)
(168.5)
(667.1)
(86.2)
(753.3)
Gross profit
202.2
241.7
108.8
552.7
8.0
560.7
Shipping and payment cost
(63.0)
(63.2)
(46.8)
(173.0)
(7.9)
(180.9)
Marketing expenses
(55.1)
(43.7)
(19.2)
(118.0)
(4.0)
(122.0)
Selling, general and administrative expenses
(64.2)
(125.2)
(72.3)
(261.7)
(18.2)
(279.9)
Other income (expense), net
(0.9)
0.2
(0.9)
(1.6)
3.0
1.4
Segment EBITDA
19.0
9.8
(30.4)
(1.6)
(19.2)
(20.7)
The following tables include comparative segment information for the three and six months ended December 31, 2025.
Three months ended December 31, 2025
(in € millions) (unaudited)
Luxury
Mytheresa
Luxury
NAP & MRP
Off-
Price
YOOX
Total
Segments
excl. Other
Other (3)
Reconc-iliation
(1)(2)(4)(5)
Consolidated
Net sales
242.7
277.1
125.3
645.1
1.8
-
646.9
Cost of sales, exclusive of depreciation and amortization
(115.8)
(149.2)
(71.6)
(336.6)
(1.8)
-
(338.3)
Gross profit
127.0
127.9
53.7
308.6
0.1
-
308.6
Shipping and payment cost (1)
(41.3)
(39.0)
(18.5)
(98.8)
(0.4)
(2.6)
(101.8)
Marketing expenses
(31.3)
(22.7)
(7.8)
(61.8)
-
-
(61.8)
Selling, general and administrative expenses (1), (2)
(31.3)
(66.1)
(33.7)
(131.1)
0.2
(13.6)
(144.5)
Other income (expense), net (1), (5)
(0.5)
(2.0)
(1.2)
(3.7)
0.5
4.7
1.5
Segment EBITDA
22.6
(1.9)
(7.5)
13.2
0.3
(11.5)
1.9
Six months ended December 31, 2025
(in € millions) (unaudited)
Luxury
Mytheresa
Luxury
NAP & MRP
Off-Price
YOOX
Total Segments
excl. Other
Other (3)
Recon-
ciliation
(1)(2)(4)(5)
Consolidated
Net sales
469.1
489.3
243.9
1,202.3
21.0
(2.9)
1,220.4
Cost of sales, exclusive of depreciation and amortization
(241.1)
(260.8)
(147.1)
(649.0)
(14.8)
2.9
(661.0)
Gross profit
227.9
228.6
96.7
553.2
6.2
-
559.5
Shipping and payment cost (1)
(77.3)
(67.2)
(37.0)
(181.5)
(2.0)
(3.7)
(187.2)
Marketing expenses
(56.9)
(40.3)
(14.6)
(111.8)
-
-
(111.8)
Selling, general and administrative expenses (1), (2)
(63.0)
(128.1)
(68.6)
(259.7)
(1.5)
(57.9)
(319.1)
Other income (expense), net (1), (5)
(0.3)
(5.2)
(3.1)
(8.6)
0.9
(3.1)
(10.8)
Segment EBITDA
30.5
(12.2)
(26.6)
(8.3)
3.5
(64.7)
(69.5)
The following tables set forth the reconciliations of net loss to EBITDA to adjusted EBITDA, and their corresponding margins as a percentage of net sales.
Three Months Ended December 31,
Six Months Ended December 31,
2024
2025
Change
in %
2024
2025
Change
in %
(in millions) (unaudited)
Net loss from continuing operations
(4.7)
(12.6)
169.6%
(28.2)
(99.2)
251.7%
Finance costs, net
2.0
1.9
(4.4%)
3.2
3.0
(6.3%)
Income tax expense (benefit)
0.2
0.3
87.2%
(7.5)
2.9
(138.8%)
Depreciation and amortization
3.9
12.3
214.3%
11.1
23.9
115.8%
EBITDA
1.4
1.9
39.4%
(21.5)
(69.5)
(222.8%)
Other transaction-related,
certain legal and other expenses (1)
9.6
11.8
22.2%
31.0
53.8
73.5%
Share-based compensation (2)
5.1
3.5
(31.4%)
9.6
7.0
(27.4%)
Foreign exchange (gains) losses (3)
-
(3.8)
-
-
3.9
-
Adjusted EBITDA
16.2
13.4
(16.9%)
19.1
(4.8)
(125.1%)
Reconciliation to Adjusted EBITDA Margin
Net sales
223.0
646.9
190.1%
424.7
1,220.4
187.4%
Adjusted EBITDA margin
7.3%
2.1%
(520) BPs
4.5%
(0.4%)
(490) BPs
The following table sets forth the reconciliations of GMV to growth of GMV on a constant currency basis and of net sales to growth of net sales on a constant currency basis for the LuxExperience Group for the three months ended December 31, 2024 and 2025:
Three Months Ended December 31,
2024
2025
Year-over-Year Change
in %
(in millions) (unaudited)
Gross Merchandise Value (GMV)
€ 683.5
€ 684.8
0.2%
Foreign Exchange Impact(1)
€ (0.9)
€ (31.9)
Gross Merchandise Value (GMV) at Constant Currency (ex-FX)
€ 684.4
€ 716.7
4.7%
Net Sales
€ 638.0
€ 645.1
1.1%
Foreign Exchange Impact(1)
€ (0.9)
€ (30.4)
Net Sales at Constant Currency (ex-FX)
€ 638.9
€ 675.5
5.7%
The following table sets forth the reconciliations of GMV to growth of GMV on a constant currency basis and of net sales to growth of net sales on a constant currency basis for Luxury | Mytheresa segment for the three months ended December 31, 2024 and 2025:
Three Months Ended December 31,
2024
2025
Year-over-Year Change
in %
(in millions) (unaudited)
Gross Merchandise Value (GMV)
€ 244.7
€ 268.9
9.9%
Foreign Exchange Impact(1)
€ (0.9)
€ (7.8)
Gross Merchandise Value (GMV) at Constant Currency (ex-FX)
€ 245.6
€ 276.7
12.7%
Net Sales
€ 223.0
€ 242.7
8.8%
Foreign Exchange Impact(1)
€ (0.9)
€ (7.3)
Net Sales at Constant Currency (ex-FX)
€ 233.9
€ 250.0
11.6%
The following table sets forth the reconciliations of GMV to growth of GMV on a constant currency basis and of net sales to growth of net sales on a constant currency basis for Luxury | NAP & MRP segment for the three months ended December 31, 2024 and 2025:
Three Months Ended December 31,
2024
2025
Year-over-Year Change
in %
(in millions) (unaudited)
Gross Merchandise Value (GMV)
€ 296.2
€ 290.7
(1.9%)
Foreign Exchange Impact(1)
€ 0.0
€ (20.2)
Gross Merchandise Value (GMV) at Constant Currency (ex-FX)
€ 296.3
€ 310.8
4.9%
Net Sales
€ 279.8
€ 277.1
(1.0%)
Foreign Exchange Impact(1)
€ 0.0
€ (19.2)
Net Sales at Constant Currency (ex-FX)
€ 279.6
€ 296.3
6.0%
The following table sets forth the reconciliations of GMV to growth of GMV on a constant currency basis and of net sales to growth of net sales on a constant currency basis for Off-Price | YOOX segment for the three months ended December 31, 2024 and 2025:
Three Months Ended December 31,
2024
2025
Year-over-Year Change
in %
(in millions) (unaudited)
Gross Merchandise Value (GMV)
€ 142.5
€ 125.3
(12.1%)
Foreign Exchange Impact(1)
€ 0.0
€ (3.9)
Gross Merchandise Value (GMV) at Constant Currency (ex-FX)
€ 142.5
€ 129.2
(9.4%)
Net Sales
€ 135.2
€ 125.3
(7.3%)
Foreign Exchange Impact(1)
€ 0.0
€ (3.9)
Net Sales at Constant Currency (ex-FX)
€ 135.4
€ 129.2
(4.6%)
LuxExperience B.V.
Unaudited Condensed Consolidated Statements of Loss and Comprehensive Loss
(Amounts in € thousands, except share and per share data)
Three Months Ended
Six Months Ended
December 31,
December 31,
(in € thousands)
2024
2025
2024
2025
Net sales
222,985
646,920
424,685
1,220,421
Cost of sales, exclusive of depreciation and amortization
(109,399)
(338,345)
(222,467)
(660,964)
Gross profit
113,585
308,575
202,219
559,457
Shipping and payment cost
(33,698)
(101,848)
(63,058)
(187,186)
Marketing expenses
(30,076)
(61,805)
(55,069)
(111,805)
Selling, general and administrative expenses
(48,726)
(144,539)
(104,739)
(319,125)
Depreciation and amortization
(3,929)
(12,348)
(11,057)
(23,857)
Other income (expense), net
302
1,547
(876)
(10,823)
Operating loss
(2,543)
(10,419)
(32,580)
(93,338)
Finance income
—
1,417
—
3,369
Finance costs
(1,953)
(3,284)
(3,174)
(6,341)
Finance costs, net
(1,953)
(1,867)
(3,174)
(2,972)
Loss before income taxes
(4,496)
(12,286)
(35,753)
(96,311)
Income tax (expense) benefit
(193)
(358)
7,542
(2,927)
Net loss from continuing operations
(4,689)
(12,644)
(28,211)
(99,238)
Income (loss) from discontinued operations net of tax
—
5,208
—
(6,698)
Net loss (4,689)
(7,436)
(28,211)
(105,935)
Cash Flow Hedge
(4,213)
(2,303)
(3,178)
(4,842)
Income Taxes related to Cash Flow Hedge
1,176
643
887
1,351
Foreign currency translation
47
(37)
18
6,234
Other comprehensive income (loss)
(2,990)
(1,698)
(2,273)
2,743
Comprehensive loss
(7,679)
(9,133)
(30,484)
(103,192)
Basic & diluted earnings per share, € - continuing operations
(0.05)
(0.15)
(0.33)
(1.14)
Basic & diluted earnings per share, € - discontinued operations
(0.00)
0.06
(0.00)
(0.07)
Basic & diluted earnings per share, € - total
(0.05)
(0.09)
(0.33)
(1.21)
Weighted average ordinary shares outstanding (basic and diluted) – in millions (1)
86.8
87.2
86.8
87.2
LuxExperience B.V.
Unaudited Condensed Consolidated Statements of Financial Position
(Amounts in € thousands)
(in € thousands) June 30,
2025
December 31,
2025
Assets
Non-current assets
Intangible assets and goodwill
156,731
156,172
Property and equipment
55,901
54,331
Right-of-use assets
201,131
169,729
Deferred tax assets
1,683
1,418
Non-current financial assets
-
125,000
Other non-current assets
11,878
21,261
Total non-current assets
427,323
527,911
Current assets
Inventories
1,019,539
1,033,134
Trade and other receivables
96,676
36,406
Other assets
134,766
164,745
Cash and cash equivalents
603,593
418,601
Assets classified as held for sale
-
44,404
Total current assets
1,854,574
1,697,290
Total assets
2,281,897
2,225,201
Shareholders’ equity and liabilities
Subscribed capital
2
2
Capital reserve
912,039
921,503
Retained earnings
457,192
351,257
Accumulated other comprehensive income (losses)
(4,469)
(1,725)
Total shareholders’ equity
1,364,764
1,271,037
Non-current liabilities
Provisions
4,484
5,157
Lease liabilities
176,718
149,321
Deferred income tax liabilities
11
385
Other non-current liabilities
364
291
Total non-current liabilities
181,578
155,155
Current liabilities
Liabilities to banks
10,000
10,000
Tax liabilities
2,764
2,856
Lease liabilities
32,085
30,337
Contract liabilities
49,343
49,166
Trade and other payables
285,722
234,960
Other current liabilities
346,835
447,751
Current provisions
8,807
8,922
Liabilities associated with assets held for sale
-
15,019
Total current liabilities
735,555
799,009
Total liabilities
917,133
954,164
Total shareholders’ equity and liabilities
2,281,897
2,225,201
LuxExperience B.V.
Unaudited Condensed Consolidated Statements of Changes in Equity
(Amounts in € thousands)
(in € thousands)
Subscribed
capital
Capital
reserve
Retained
Earnings
(Accumulated
deficit)
Hedging
reserve
Foreign
currency
translation
reserve
Total
shareholders’
equity
Balance as of July 1, 2024
1
546,913
(112,767)
—
1,496
435,643
Net loss
—
—
(28,211)
—
—
(28,211)
Other comprehensive income
—
—
(2,291)
18
(2,273)
Comprehensive loss
—
(28,211)
(2,291)
18
(30,484)
Reclassification due to cash settlement of share-based compensation (66)
(66)
Share-based compensation
—
9,642
—
—
—
9,462
Balance as of December 31, 2024
1
556,489
(140,978)
(2,291)
1,514
414,736
Balance as of July 1, 2025
2
912,039
457,192
—
(4,469)
1,364,764
Net loss
—
—
(105,935)
—
—
(105,935)
Other comprehensive loss
—
—
—
(3,490)
6,234
2,743
Comprehensive loss
—
—
(105,935)
(3,490)
6,234
(103,192)
Share options exercised
—
2,460
—
—
—
2,460
Share-based compensation
—
7,004
—
—
—
7,004
Balance as of December 31, 2025
2
921,503
351,257
(3,490)
1,765
1,271,037
LuxExperience B.V.
Unaudited Condensed Consolidated Statements of Cash Flows
(Amounts in € thousands)
Six months ended December 31,
(in € thousands)
2024
2025
Net Loss
(28,211)
(105,923)
Adjustments for
Depreciation and amortization, impairment and asset disposals
11,057
25,146
Finance (income) costs, net
3,174
3,460
Share-based compensation
9,642
7,004
Income tax (benefit) expense
(7,542)
2,927
Change in operating assets and liabilities
(Increase) decrease in inventories
(33,935)
(40,231)
Decrease in trade and other receivables
2,432
61,951
(Increase) Decrease in other assets
11,121
(41,194)
Increase in other liabilities
14,403
101,847
Increase (Decrease) in contract liabilities
(185)
11
(Decrease) in trade and other payables
(13,405)
(47,237)
Change in Non-Working Capital
-
-
Income taxes paid
(1,158)
(372)
Interest received
-
3,369
Net cash used in operating activities
(32,607)
(29,255)
Expenditure for property, equipment and intangible assets
(1,708)
(5,616)
Proceeds from the sale of property, equipment and intangible assets
-
813
Investment in short and medium fixed income securities
-
(125,000)
Net cash used in investing activities
(1,708)
(129,803)
Interest paid
(3,045)
(5,714)
Proceeds from borrowings
40,594
-
Lease payments
(4,572)
(19,844)
Proceeds from exercise of option awards
-
2,460
Cash settlement of share-based compensation
(66)
-
Net cash inflow from financing activities
32,911
(23,098)
Net decrease in cash and cash equivalents
(1,404)
(182,155)
Cash and cash equivalents at the beginning of the period
15,107
603,593
Effects of exchange rate changes on cash and cash equivalents
134
(2,836)
Cash and cash equivalents at end of the period
13,836
418,601
More News From LuxExperience B.V.
2026-02-11 03:111mo ago
2026-02-10 21:341mo ago
James Hardie Industries plc (JHX) Q3 2026 Earnings Call Transcript
James Hardie Industries plc (JHX) Q3 2026 Earnings Call February 10, 2026 5:00 PM EST
Company Participants
Christopher Russell - Senior VP of Global Strategy & Corporate Development
Aaron Erter - CEO & Executive Director
Ryan Lada - Chief Financial Officer
Jonathan Skelly - President & GM of James Hardie North America (NA) Building Products Group
Conference Call Participants
Keith Hughes - Truist Securities, Inc., Research Division
Daniel Kang - CLSA Limited, Research Division
Ryan Merkel - William Blair & Company L.L.C., Research Division
Peter Steyn - Macquarie Research
Timothy Wojs - Robert W. Baird & Co. Incorporated, Research Division
Keith Chau - MST Financial Services Pty Limited, Research Division
Philip Ng - Jefferies LLC, Research Division
Samuel Seow - Citigroup Inc., Research Division
Matthew Bouley - Barclays Bank PLC, Research Division
Brook Campbell-Crawford - Barrenjoey Markets Pty Limited, Research Division
Trevor Allinson - Wolfe Research, LLC
Presentation
Operator
Welcome to the James Hardie Fiscal Third Quarter 2026 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Chris Russell, Senior Vice President of Global Strategy, Corporate Development and Investor Relations. Please go ahead.
Christopher Russell
Senior VP of Global Strategy & Corporate Development
Thank you, operator, and thank you to everyone for joining today's call. I am joined today by Aaron Erter, Chief Executive Officer of James Hardie; Ryan Lada, Chief Financial Officer of James Hardie; and Jon Skelly, President and General Manager of James Hardie North America Building Products.
Before we begin the call, please note that during prepared remarks and Q&A, we may refer to non-GAAP financial measures and make forward-looking statements. You can refer to several related cautionary and other notes on Slide 2 for more information.
Forward-looking statements made during today's conference call and in the earnings materials speak only as of the date of this presentation. Forward-looking statements are subject to
2026-02-11 03:111mo ago
2026-02-10 21:441mo ago
Upexi, Inc. (UPXI) Q2 2026 Earnings Call Transcript
Upexi, Inc. (UPXI) Q2 2026 Earnings Call February 10, 2026 5:30 PM EST
Company Participants
Allan Marshall - CEO, President & Chairman of the Board
Brian Rudick - Chief Strategy Officer
Andrew Norstrud - CFO & Director
Conference Call Participants
Valter Pinto - Kanan, Corbin, Schupak & Aronow, Inc.
Brian Kinstlinger - Alliance Global Partners, Research Division
Brett Knoblauch - Cantor Fitzgerald & Co., Research Division
Presentation
Operator
Good day. Welcome to Upexi Inc. Fiscal Second Quarter 2026 Financial Results Conference Call. Please note this event is being recorded.
I would now like to turn the conference over to Valter Pinto, Managing Director at KCSA Strategic Communications. Please go ahead.
Valter Pinto
Kanan, Corbin, Schupak & Aronow, Inc.
Thank you, operator. Good evening, and welcome, everyone, to the Upexi Fiscal Second Quarter 2026 Financial Results Conference Call. I'm joined today by Allan Marshall, Chief Executive Officer; Andrew Norstrud, Chief Financial Officer; and Brian Rudick, Chief Strategy Officer.
Before we begin, I'm going to remind everyone that statements made during today's conference call may be deemed forward-looking statements within the meaning of the safe harbor of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of risks, uncertainties and other factors. For a detailed discussion of some of the ongoing risks and uncertainties in the company's business, I'll refer you to the press release issued this evening and filed with the SEC on Form 8-K as well as the company's reports filed periodically with the SEC. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law.
In addition, during the course of the call, we may refer to non-GAAP financial measures that are not prepared in accordance
2026-02-11 03:111mo ago
2026-02-10 21:551mo ago
Ardent Health Corporation Securities Fraud Class Action Result of Undisclosed Collections Problems and 33% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
NEW YORK and NEW ORLEANS, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until March 9, 2026 to file lead plaintiff applications in a securities class action lawsuit against Ardent Health, Inc. (“Ardent” or the “Company”) (NYSE: ARDT), if they purchased or otherwise acquired the Company’s securities between July 18, 2024 and November 12, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Middle District of Tennessee.
What You May Do
If you purchased securities of Ardent and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-ardt/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by March 9, 2026.
About the Lawsuit
Ardent and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On November 12, 2025, post-market, the Company disclosed a $43 million decrease in third quarter 2025 revenue due to revised determinations of accounts receivable collectability after the Company transitioned to a new revenue accounting system and from purported “recently completed hindsight evaluations of historical collection trends.” The Company further disclosed a cut to 2025 EBITDA guidance of $57.5 million at the midpoint, or about 9.6%, from $575 million – $625 million to $530 million – $555 million due to “persistent industry-wide cost pressures,” including “payer denials,” and also recorded a $54 million increase in professional liability reserves “with respect to recent settlements and ongoing litigation arising from a limited set of claims between 2019 and 2022 in New Mexico” as well as “consideration of broader industry trends, including social inflationary pressures.”
On this news, the price of Ardent’s shares fell $4.75 per share, or nearly 34%, from $14.05 per share on November 12, 2025, to close at $9.30 per share on November 13, 2025, on unusually heavy trading volume.
The case is Postiwala v. Ardent Health, Inc., et al., No. 26-cv-00022.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner [email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
Ultragenyx Pharmaceutical Inc. Notice of April 6, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
NEW YORK CITY and NEW ORLEANS, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in Ultragenyx Pharmaceutical Inc. (“Ultragenyx” or the “Company”) (NasdaqGS: RARE) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of Ultragenyx who were adversely affected by alleged securities fraud between August 3, 2023 and December 26, 2025. Follow the link below to get more information and be contacted by a member of our team:
https://www.ksfcounsel.com/cases/nasdaqgs-rare/
Ultragenyx investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-rare/ to learn more.
CASE DETAILS: On December 26, 2025, the Company announced the “results from the Phase 3 Orbit and Cosmic studies for setrusumab (UX143) in Osteogenesis Imperfecta” disclosing that both its Phase III Orbit and Cosmic studies failed to demonstrate that setrusumab triggered a statistically significant reduction in annualized fracture rates for patients with osteogenesis imperfecta, and, as a result the Company “is evaluating its planned operations and will promptly define and implement significant expense reductions.” On this news, the price of Ultragenyx’s shares fell approximately 42%, from $34.19 per share on December 26, 2025 to $19.72 per share on December 29, 2025.
The case is Steven Bailey v. Ultragenyx Pharmaceutical Inc., et al., No. 26-cv-01097.
WHAT TO DO? If you invested in Ultragenyx and suffered a loss during the relevant time frame, you have until April 6, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner [email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
BellRing Brands, Inc. Securities Fraud Class Action Result of Inventory Issues and 52% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
NEW YORK CITY and NEW ORLEANS, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until March 23, 2026 to file lead plaintiff applications in a securities class action lawsuit against BellRing Brands, Inc. (NYSE: BRBR), if they purchased or otherwise acquired the Company’s securities between November 19, 2024 and August 4, 2025, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
What You May Do
If you purchased securities of BellRing and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-brbr/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by March 23, 2026.
About the Lawsuit
BellRing and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 6, 2025, the Company disclosed that “several key retailers lowered their weeks of supply on hand, which is expected to be a mid-single-digit headwind to our third quarter growth,” and that “[w]e now expect Q3 sales growth of low single digits.” On this news, the price of BellRing’s shares fell $14.88 per share, or 19%, from $78.43 per share on May 5, 2025, to close at $63.55 per share on May 6, 2025, on unusually heavy trading volume.
Then, on August 4, 2025, post-market, the Company reported its fiscal 3Q 2025 financial results, disclosing a disappointing new 2025 sales outlook, stating “BellRing management has narrowed its fiscal year 2025 outlook for net sales to [a] range between $2.28-$2.32 billion,” due to “several other competitors” gaining space to sell their products with a large retailer and that “it is not surprising to see new protein RTDs enter[ed]” the convenient nutrition market. On this news, the price of BellRing’s shares fell $17.46 per share, or nearly 33%, from $53.64 per share on August 4, 2025, to $36.18 per share on August 5, 2025, on unusually heavy trading volume.
The case is Denha v. BellRing Brands, Inc., No. 26-cv-00575.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner [email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
CoreWeave, Inc. Notice of March 13, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline
NEW YORK and NEW ORLEANS, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in CoreWeave, Inc. (“CoreWeave” or the “Company”) (NasdaqGS: CRWV) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of CoreWeave who were adversely affected by alleged securities fraud between March 28, 2025 and December 15, 2025. Follow the link below to get more information and be contacted by a member of our team:
https://www.ksfcounsel.com/cases/nasdaqgs-crwv/
CoreWeave investors should contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-crwv/ to learn more.
CASE DETAILS: According to the Complaint, CoreWeave and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company had overstated its ability to meet customer demand for its service; (ii) the Company materially understated the scope and severity of the risk that its reliance on a single third-party data center supplier created for its ability to meet customer demand for its services; (iii) the foregoing was reasonably likely to have a material negative impact on the Company’s revenue; and (iv) as a result, CoreWeave's public statements were materially false and misleading at all relevant times.
The case is Masaitis v. CoreWeave, Inc., et al., No. 26-cv-00355.
WHAT TO DO? If you invested in CoreWeave and suffered a loss during the relevant time frame, you have until March 13, 2026 to request that the Court appoint you as lead plaintiff; however, your ability to share in any recovery does not require that you serve as a lead plaintiff.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.
TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner [email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163
New York, New York--(Newsfile Corp. - February 10, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Varonis Systems, Inc. (NASDAQ: VRNS) between February 4, 2025 and October 28, 2025, both dates inclusive (the "Class Period"), of the important March 9, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Varonis common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Varonis class action, go to https://rosenlegal.com/submit-form/?case_id=50337 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 9, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made materially false and/or misleading statements and or failed to disclose that: (1) Varonis would not be able to maintain ARR projections while converting both its federal and non-federal existing on-prem customers to the software-as-a-service ("SaaS") alternative offering; (2) Varonis was not equipped to convince existing users of the benefits of converting to the SaaS offering or otherwise maintain these customers on its platform, resulting in significantly reduced ARR growth potential in the near-term; and (3) as a result of the foregoing, defendants' positive statements about Varonis' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Varonis class action, go to https://rosenlegal.com/submit-form/?case_id=50337 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283451
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
SummaryMicrosoft now trades at rare value levels, with a 25% drawdown and a trailing P/E of 24.5x, despite robust fundamentals.Market fears over cloud growth and aggressive AI-driven capex appear overblown given MSFT's strong balance sheet and consistent free cash flow.MSFU, the 2x leveraged ETF, offers potential upside but carries amplified risk; technical signals currently advise caution before entering.Leveraged ETF positions like MSFU demand strict risk controls, modest position sizing, and disciplined exit strategies to mitigate volatility drag and compounding losses.Getty Images
Microsoft (MSFT) is increasingly looking like a value play - and so is the Direxion Daily MSFT Bull 2X Shares ETF (MSFU), which is now in a 50% drawdown that took shape very quickly. Since MSFT peaked
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Ichor crushed expectations in Q4 and issued promising guidance.
Ichor Holdings (ICHR +32.72%) surged higher Tuesday. The fluid-delivery-subsystems company's share price closed out the daily session up 32.7%. Meanwhile, the S&P 500 was down 0.4% and the Nasdaq Composite was down 0.6%.
Ichor published its fourth-quarter earnings report after the market closed yesterday, and performance crushed expectations. The company also issued great forward guidance.
Image source: Getty Images.
Ichor surged after topping Q4 sales and earnings expectations Ichor reported non-GAAP (adjusted) earnings per share of $0.07 for the fourth quarter, far exceeding the average Wall Street analyst estimate of a per-share loss of $0.06. Meanwhile, sales came in at $223.6 million -- beating the average Wall Street target by $2.76 million.
Ichor's revenue was still down 4% year over year, but demand in the semiconductor segment and rising growth in the commercial manufacturing category helped power a big earnings beat. While the company's adjusted gross margin dropped to 11.7% from 12% in the prior-year quarter, management noted that the business was still in the early stages of seeing the benefits of steps taken to boost margins.
Today's Change
(
32.72
%) $
11.16
Current Price
$
45.27
What's next for Ichor? Ichor expects continued strengthening in commercial manufacturing and thinks there's a chance that growth in the category will eclipse the expansion seen in semiconductor sales. Despite the sales decline in Q4, management anticipates that revenue will increase sequentially in each quarter this year.
For the current quarter, Ichor expects that sales will come in between $240 million and $260 million. At the midpoint of the target range, this would mean year-over-year sales growth of roughly 12%. Meanwhile, gross margins are projected to rise to between 12% and 13%. On the strength of strong sales growth and expanding gross margins, the company's target for adjusted earnings per share between $0.08 and $0.16 suggests that earnings will be roughly in line with last year's quarter despite increased spending to drive growth.
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
2026-02-11 02:111mo ago
2026-02-10 20:171mo ago
Activist investor Ancora pushes Warner Bros to walk away from Netflix deal, WSJ reports
The Warner Bros logo is seen during the annual MIPCOM television programme market in Cannes, France, October 14, 2019. REUTERS/Eric Gaillard/File Photo Purchase Licensing Rights, opens new tab
CompaniesFeb 10 (Reuters) - Activist investor Ancora Holdings has built a roughly $200 million stake in Warner Bros Discovery (WBD.O), opens new tab and plans to oppose Warner's deal to sell its prized TV and film assets to Netflix (NFLX.O), opens new tab, the Wall Street Journal reported on Tuesday.
Reuters could not immediately verify the report.
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Reporting by Fabiola Arámburo in Mexico City; Editing by Rashmi Aich
Our Standards: The Thomson Reuters Trust Principles., opens new tab