Market Signal Briefing

AKRON, Ohio--(BUSINESS WIRE)--Myers Industries, Inc. (NYSE: MYE) today announced that it will report financial results for the fourth quarter and full year ended December 31, 2025, on Thursday, March 5, 2026, before the market opens. The Company will host a conference call the same day at 8:30 a.m. Eastern Time to review its performance.

Investors and analysts may access the call using the online participation registration link. Upon registering, each participant will be provided with call details and a registrant ID. Reminders will also be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast. To access the live webcast, visit the Company's website www.myersindustries.com and click on the Investor Relations tab. An archived replay of the call will also be available shortly after the event.

Annual Meeting of Shareholders

The Company also announced today that it will hold its Annual Meeting of Shareholders on Thursday, April 23, 2026, at 9:00 a.m. Eastern Time. Shareholders will be able to attend the meeting via a live audio webcast that will be available on the Investor Relations section of the Company's website at www.myersindustries.com or, in person, at a location in Akron, Ohio, to be announced at a later date. An archive of the webcast will be available for replay following the meeting.

The Company’s Board of Directors set March 4, 2026, as the record date for shareholders entitled to notice of and to vote at the Annual Meeting.

About Myers Industries

Myers Industries Inc., based in Akron, Ohio, is a leading manufacturer of sustainable plastic and metal products that protect the world from the ground up for Consumer, Vehicle, Food & Beverage, Industrial, Infrastructure, and Automotive Aftermarket end markets. The Company has a rich history that is built on strong brands and innovative products. Through years of continuous product development and strategic acquisitions, Myers has established itself as a leading diversified industrial company, providing customers with critical solutions that deliver exceptional value. Visit www.myersindustries.com to learn more.

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More News From Myers Industries, Inc.

All amounts are in United States dollars, unless otherwise stated

TORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from underground and surface drilling at the Island Gold Mine. Exploration drilling continues to extend high-grade gold mineralization across the Island Gold Deposit, as well as within several hanging wall and footwall structures, and delineation drilling continues to support the conversion of high-grade Mineral Resources to high-grade Mineral Reserves. Additionally, the regional exploration program continues to intersect high-grade gold mineralization at the past-producing Cline-Pick mines, located seven kilometres from the Magino Mill.

"Underground Mineral Reserves at Island Gold have grown for 12 consecutive years. Given the success of our delineation drilling program over the past year, we expect to report another substantial increase in Mineral Reserves. This growth will be included into the Island Gold District Expansion Study to be released this week, supporting a larger and more profitable operation. Our exploration drilling program also continues to demonstrate the significant longer-term upside. Based on our ongoing success, and with the deposit open laterally and at depth, we expect the main Island Gold deposit will continue to grow well into the future. Additionally, I am highly encouraged by the high-grade mineralization we are intersecting at the nearby Cline-Pick past producing mines, including an exceptionally high-grade hole, which demonstrates the real potential for these targets to evolve into additional sources of higher-grade ore within an expanded milling complex,” said John A. McCluskey, President and Chief Executive Officer.

Regional drilling within the past producing Cline-Pick Mines continues to extend high-grade gold mineralization beyond the extent of previous mining. The targets are open in multiple directions, including at depth, with the deepest holes drilled to date down to a vertical depth of only 540 metres (“m”). By comparison, the deepest holes within the main Island Gold structure have intersected high-grade mineralization beyond depths of 1,600 m. The past-producing Cline-Pick and Edwards mines are within seven kilometres of the Magino mill by existing road and are being targeted as potential sources of additional higher-grade mill feed within a larger expansion. New highlights include1,2,3:

Cline-Pick Mines:

178.07 g/t Au over 3.54 m (25IGX128) including1; 219.00 g/t Au over 0.70 m;301.00 g/t Au over 0.68 m;295.00 g/t Au over 0.62 m; and112.50 g/t Au over 0.50 m. 15.28 g/t Au over 5.52 m (25IGX128) including2; 25.20 g/t Au over 0.66 m;19.15 g/t Au over 0.35 m; and40.30 g/t Au over 0.59 m. 12.75 g/t Au over 8.79 m (25IGX112), including; 93.75 g/t Au over 1.01 m; and 23.57 g/t Au over 2.34 m (25IGX124) including; 115.00 g/t Au over 0.45 m. Island Gold Main zone exploration highlights: high-grade mineralization extended outside of Mineral Reserves and Resources in the E1E and C-Zones. These zones are the main structures which host the majority of currently defined Mineral Reserves and Resources at Island Gold. New highlights include4:

Island West (C-Zone) 64.70 g/t Au (63.19 g/t cut) over 2.13 m (900-506-23);12.95 g/t Au over 4.10 m (1025-492-06); and13.79 g/t Au over 3.01 m (900-506-19). Island East (E1E-Zone) 31.53 g/t Au (12.05 g/t cut) over 7.55 m (1190-607-04);9.84 g/t Au (8.64 g/t cut) over 21.41 m (1190-607-18);16.22 g/t Au over 4.49 m (1190-607-13); and11.71 g/t Au over 5.75 m (1190-607-12). Island Gold Hanging Wall and Footwall exploration highlights: high-grade gold mineralization intersected within new and recently defined hanging wall and footwall zones across the main Island Gold Deposit. These zones represent significant opportunities to continue to grow near mine Mineral Reserves and Resources which are low-cost to develop, given their proximity to existing infrastructure. New highlights include4:

Island West Hanging Wall and Footwall Zones
NS2 Zone: growing parallel structure, 160 m east of NS1 Zone 13.81 g/t Au (5.31 g/t cut) over 6.01 m (900-506-44); 17.23 g/t Au (9.69 g/t cut) over 3.69 m (900-506-22);20.92 g/t Au (8.77 g/t cut) over 2.94 m (900-506-35);20.66 g/t Au (18.79 g/t cut) over 2.87 m (900-506-24); and9.06 g/t Au (6.33 g/t cut) over 5.89 m (900-506-18A).
NS3 Zone: growing parallel structure, 90 m west of NS1 Zone

58.92 g/t Au (9.93 g/t cut) over 8.00 m (790-460-36);53.98 g/t Au (4.28 g/t cut) over 2.88 m (850-470-07); and39.98 g/t Au (12.88 g/t cut) over 2.31 m (850-475-25).
NS4 Zone: growing parallel structure, 180 m west of NS1 Zone

24.91 g/t Au (4.45 g/t cut) over 2.46 m (850-472-51); and22.21 g/t Au (7.33 g/t cut) over 2.46 m (900-506-22). Island East Footwall Zones
NTH4 Zone 132.73 g/t Au (34.86 g/t cut) over 2.08 m (1160-625-26); and8.99 g/t Au over 6.08 m (1160-625-25). Island Gold East delineation and definition drilling highlights: the primary focus of the 2025 drill program was the conversion of a portion of the large Mineral Resource base to Reserves. Surface and underground delineation drilling has been successful over the past year in driving significant Mineral Reserve growth that will be incorporated into the Expansion Study to be released this week. New highlights include4:

E1E-Zone

54.85 g/t Au (39.73 g/t cut) over 17.99 m (MH42-03);56.05 g/t Au (35.02 g/t cut) over 7.05 m (MH41-01);60.00 g/t Au (57.81 g/t cut) over 4.08 m (MH41-03);87.63 g/t Au (46.48 g/t cut) over 2.43 m (945-624-87);48.31 g/t Au (47.68 g/t cut) over 2.11 m (1160-625-15);5.27 g/t Au over 14.72 m (945-624-75);5.88 g/t Au over 13.09 m (945-624-78);4.11 g/t Au over 17.50 m (1190-607-08);13.55 g/t Au over 5.29 m (MH42-02); and18.71 g/t Au (14.89 g/t cut) over 3.44 m (1190-607-09). C-Zone

21.41 g/t Au (14.77 g/t cut) over 5.56 m (890-461-54);43.26 g/t Au over 2.17 m (490-450-06); and10.83 g/t Au over 3.07 m (1025-503-16). 1 All reported composite intervals reported as uncut, and composites lengths are reported as core length. True width is estimated to be 40 to 85% of core length unless otherwise indicated. Composites are calculated with a 0.5 g/t cut-off, maximum internal waste of 4 m, and no minimum length. Higher-grade intervals within the primary drillhole composite are reported as “Including” for any individual or consecutive samples with assay grades greater than 10 g/t Au.
2 True width is estimated to be approximately 50% of core length.
3 True width is estimated to be 10-20% of core length.
4 All reported composite intervals are calculated true width of the mineralized zones. Drillhole composite intervals reported as “cut” include higher grade samples which have been cut to: Island West and Island Main (C-zone) @ 230 g/t Au; Island Main and East (E1E Zone) @ 185 g/t Au; B Zone @ 120 g/t Au; NS1 Zone and NTH4 @ 100 g/t Au; D1 zone @ 45 g/t Au; NS2, NS3 and NS4 zone @ 35 g/t Au.

New highlight intercepts can be found in Tables 1 to 3, and in Figures 1 to 7 at the end of this news release.

2025 Exploration Drilling Program

A total of $24 million was spent on exploration at the Island Gold District in 2025, up from $20 million spent in 2024. Following up on a successful 2024 program, a total of 46,889 m of underground drilling was completed in 180 holes in 2025 with a focus on defining new Mineral Reserves and Resources in proximity to existing production horizons and infrastructure. Additionally, 14,609 m of surface exploration drilling was completed in 15 holes targeting the area between the Island Gold and Magino deposits, as well as the down-plunge extension of the Island Gold deposit, below a depth of 1,500 m. Over the past five years, the discovery cost of the high-grade Mineral Resource additions has averaged an attractive $13 per ounce.

A primary focus of the 2025 drill program was the conversion of a portion of the large Mineral Resource base to Mineral Reserves to be included in the Island Gold District Expansion Study. As part of that focus a total of 33,964 m of underground delineation drilling was completed in 117 holes, and 12,269 m of surface delineation drilling was completed in 12 holes. Additionally, 22,390 m of surface delineation drilling was completed in 51 holes at Magino.

A total of 11,060 m drilling was also completed in 36 holes as part of regional exploration program at the Island Gold District. The program focused on stepping out from high-grade mineralization intersected at the Cline-Pick deposit located approximately seven kilometres northeast of the Island Gold mine, with 29 holes totalling 9,911 m completed in 2025. Initial drilling was completed at the past-producing Edwards Mine, which was successful in expanding high-grade mineralization and will continue to be advanced as part of the 2026 program.

Island West

Underground Exploration Drilling

High-grade gold mineralization further extended outside of existing Mineral Reserves and Resources in the middle portion of Island West. Drilling is being conducted from the 900 and 1025-levels, between vertical depths of 900 m and 1,400 m.

New highlights in the C-Zone include (Figure 1, Table 1) 1:

Island West (C-Zone) 64.70 g/t Au (63.19 g/t cut) over 2.13 m (900-506-23);12.95 g/t Au over 4.10 m (1025-492-06); 13.79 g/t Au over 3.01 m (900-506-19); and6.11 g/t Au over 5.28 m (1025-492-07). Island West Hanging Wall Zones

In addition to testing the main Island Gold structure (C-Zone), underground exploration drilling continued to target high-grade gold mineralization in sub-parallel and perpendicular structures in the hanging wall from the 850 and 1025-levels (Table 1, Figure 2).

NS Hanging Wall Zones

The NS1 zone is a northwest-striking structure with a high-angle orientation relative to the C-Zone that was discovered in early 2023. The first stopes were mined from the NS1 zone during the second half of 2023, and it continues to be actively mined, highlighting the near-term opportunities within these hanging wall and footwall zones.

The NS2 zone is a northwest-striking structure discovered in 2024, 160 m east of and subparallel to the NS1 zone. To date, this zone has been defined over a vertical extent of 300 m, and an average strike of 100 m. Recent drilling suggests that the vertical extent could extend to at least 400 m.

In addition, as highlighted in the January 13, 2025 exploration update, several other north-striking high-angle structures have been identified across the deposit from reinterpretation of historical hanging wall drilling, including the NS3 and NS4 zones which have been further drill tested in 2025. These hanging wall zones currently have grades capped at 35 g/t Au, compared to the NS2 and NTH4 zones which are capped at 100g/t Au, and other areas of the main Island Gold structure that are capped at 230 g/t Au. As additional drilling is completed and information compiled there is strong potential for capping factors within several of these hanging wall zones to increase.

These structures will continue to be further evaluated as underground exploration drilling advances, and represent significant opportunities to continue to grow near mine Mineral Reserves and Resources which are low-cost to develop, given their proximity to existing infrastructure.

New highlights from the Island West Hanging Wall zones include1 (Table 1, Figure 2):

NS2 Zone: growing parallel structure, 160 m east of NS1 Zone

13.81 g/t Au (5.31 g/t cut) over 6.01 m (900-506-44);17.23 g/t Au (9.69 g/t cut) over 3.69 m (900-506-22);20.92 g/t Au (8.77 g/t cut) over 2.94 m (900-506-35);20.66 g/t Au (18.79 g/t cut) over 2.87 m (900-506-24); 9.06 g/t Au (6.33 g/t cut) over 5.89 m (900-506-18A);4.42 g/t Au over 8.80 m (900-506-27); and6.58 g/t Au over 5.16 m (900-506-30). NS3 Zone: growing parallel structure, 90 m west of NS1 Zone

58.92 g/t Au (9.93 g/t cut) over 8.00 m (790-460-36);53.98 g/t Au (4.28 g/t cut) over 2.88 m (850-470-07); and39.98 g/t Au (12.88 g/t cut) over 2.31 m (850-475-25). NS4 Zone: growing parallel structure, 180 m west of NS1 Zone

24.91 g/t Au (4.45 g/t cut) over 2.46 m (850-472-51); and22.21 g/t Au (7.33 g/t cut) over 2.46 m (900-506-22). Island East

Underground Exploration Drilling

Underground drilling continues to extend high-grade gold mineralization outside of Mineral Reserves and Resources in upper to middle portions of Island East.  

New highlights in the E1E-Zone include (Figure 1, Table 1):

Island East (E1E-Zone) 31.53 g/t Au (12.05 g/t cut) over 7.55 m (1190-607-04);9.84 g/t Au (8.64 g/t cut) over 21.41 m (1190-607-18);16.22 g/t Au over 4.49 m (1190-607-13); 11.71 g/t Au over 5.75 m (1190-607-12); and8.52 g/t Au over 3.65 m (1190-607-10). Underground and Surface Delineation Drilling

Island Gold East delineation drilling highlights: Ongoing surface and underground delineation drilling is focused on and been successful in converting of a significant portion of the large Mineral Resource base to Reserves which will be incorporated into the Expansion Study to be released this week.   New highlights include1 (Figure 3, Table 2):

E1E-Zone

54.85 g/t Au (39.73 g/t cut) over 17.99 m (MH42-03);56.05 g/t Au (35.02 g/t cut) over 7.05 m (MH41-01);60.00 g/t Au (57.81 g/t cut) over 4.08 m (MH41-03);87.63 g/t Au (46.48 g/t cut) over 2.43 m (945-624-87);48.31 g/t Au (47.68 g/t cut) over 2.11 m (1160-625-15);5.27 g/t Au over 14.72 m (945-624-75);5.88 g/t Au over 13.09 m (945-624-78);4.11 g/t Au over 17.50 m (1190-607-08);13.55 g/t Au over 5.29 m (MH42-02);18.71 g/t Au (14.89 g/t cut) over 3.44 m (1190-607-09);18.64 g/t Au (12.88 g/t cut) over 2.99 m (945-622-03);26.28 g/t Au over 2.10 m (945-624-68);4.09 g/t Au over 12.18 m (1190-607-03);4.49 g/t Au over 10.15 m (1160-625-29);9.28 g/t Au over 4.58 m (945-624-95);13.76 g/t Au over 2.91 m (945-622-07);8.70 g/t Au over 4.00 m (945-622-02);11.52 g/t Au over 2.86 m (945-624-88);6.86 g/t Au over 4.65 m (1190-607-19); 7.31 g/t Au over 4.15 m (1190-607-09);7.03 g/t Au over 3.70 m (945-624-99); and5.20 g/t Au over 4.15 m (MH44-02). C-Zone

21.41 g/t Au (14.77 g/t cut) over 5.56 m (890-461-54);43.26 g/t Au over 2.17 m (490-450-06); 10.83 g/t Au over 3.07 m (1025-503-16);13.08 g/t Au over 2.16 m (1025-503-12);3.94 g/t Au over 6.92 m (850-470-04);10.96 g/t Au over 2.06 m (1025-503-20); and10.17 g/t Au over 2.00 m (850-472-13). Island East Footwall Zones

Underground exploration drilling continues to target and expand high-grade gold mineralization in structures in the footwall from the 1160-level. Ongoing drilling continues to confirm the continuity and extend high-grade gold mineralization within the NTH4 zones, which intersect with the E1E zone and extend up to 110 m into the footwall.

New highlights from the Island East Footwall zones include1 (Figure 2, Table 1):

Island East Footwall Zones
NTH4 Zone 132.73 g/t Au (34.86 g/t cut) over 2.08 m (1160-625-26); and8.99 g/t Au over 6.08 m (1160-625-25). As with the hanging wall and footwall zones in Island West, these footwall zones in Island East highlight the potential to add high-grade Mineral Reserves and Resources in proximity to existing production horizons and infrastructure which would be low-cost to develop and mine.

1 All reported composite intervals are calculated true width of the mineralized zones. Drillhole composite intervals reported as “cut” include higher grade samples which have been cut to: Island West and Island Main (C-zone) @ 230 g/t Au; Island Main and East (E1E Zone) @ 185 g/t Au; B Zone @ 120 g/t Au; NS1 Zone and NTH4 @ 100 g/t Au; D1 zone @ 45 g/t Au; NS2, NS3 and NS4 zone @ 35 g/t Au.

Regional Exploration: Cline-Pick and Edwards Mines

History

The Cline-Pick and Edwards (“CEP”) mines are located seven kilometres by road northeast of the Magino Mill. Alamos acquired these past-producing mines in 2020 as part of its consolidation of the northeastern segment of the Michipicoten Greenstone Belt with the acquisition of Trillium Mining Corp.

Historic interest in the area dates to 1918 with Cline Lake Gold Mines Ltd & O’Brien Gold Mining Ltd developing underground from the Shaft 3 and 4 areas (Figure 4, 5, and 6). Shaft 4 was the focus of mining operations between 1938-1942 producing 63,328 oz Au (300,981 tonnes @ 6.55 g/t Au). The property remained inactive until Pick Mines Ltd. acquired the property in 1959 and continued lateral development from Shaft 3. No production resulted from the Pick Mines period with the property reverting to the Crown in 1974. The Pick property was closed to staking until the early 1980’s with it changing ownership multiple times until being acquired by Alamos in 2020.

At Edwards, interest dates to 1924 with Peter Edwards staking the original claims that are optioned a year later by Hollinger Gold Mines. The main historic Shaft 1 was sunk and mining operations commenced from 1933-1937 producing 435 oz Au (1,426 tonnes @ 10.6 g/t Au). Property ownership changed multiple times until 1996, when River Gold Mines in partnership with VenCan Gold Corporation developed a portal/decline to the south-west of Shaft 1 and mined two ore shoots to the 280 m level. Production continued until gold prices fell in 2001, forcing the closure of the mine. During this period, the Edwards mine produced 140,000 oz. Au (387,000 tonnes @ 11.2 g/t Au). The Edwards property was bought by Strike Minerals Inc. in 2002 and throughout their ownership they were able to develop exploration drifts to the North at the 60m and 90m levels at Edwards Shaft. There has been no further production on the Edwards Mine since its closure.

Since then, detailed historical data compilation, historic mine working digitization, and geological modelling has been completed which has supported exploration targeting within the larger gold system without the limitations of mineral tenure boundaries.

2025 Exploration Program

A total of 9,911 m of drilling was completed in 29 holes in 2025 at CEP, of which eight holes were previously reported (see press release June 24, 2025), with 16 holes being reported in this release.  Assays are pending for the remaining five holes. Since 2023, Alamos has completed 19,448 m of drilling in 56 holes at CEP as part of the regional drilling program (in addition to 8 abandoned holes).  The 2026 regional exploration program includes 16,000 m of surface exploration drilling, of which 12,500 m will be focused at CEP with the objective of advancing the deposits towards a Mineral Resource estimate.

This drilling continues to expand high-grade gold mineralization beyond the extent of historic mining. Extension of high-grade gold mineralization at these historic mines represent potential future sources of additional ore within a larger expansion of the Magino mill.

Drill hole 25IGX128

One of the highlight intersections from Cline-Pick is drill hole 25IGX128, which targeted a 300 m gap in drilling, at approximately 430 m depth from surface, where a moderate east plunging ore shoot is associated with a subvertical east-west trending shear zone.  

Within proximity to the shear zone,  extensional veins hosting high-grade gold mineralization were intersected.  As interpreted from the core angles and vein margins, a first extensional vein was drilled at a low-angle to core axis dip and intersected 15.28 g/t Au over 5.52 m.  As a result, true width is estimated to be 10-20% of core length.

A second milky white vein with >75 occurrences of coarse visible gold was intersected which returned a composite interval of 178.07 g/t Au over 3.54 m.  The vein has been interpreted as a moderate-steeply dipping shear-vein, with true width estimated at approximately 50% of core length. 

Drilling is underway to follow up these intersections and step out within the shear zone to further define geometry and orientations of both the shear and the veins, as well as to determine the controls on gold mineralization. The hole represents one of the deeper holes drilled at Cline-Pick, with the main structure remaining open at depth and along strike.

New highlights include3,4,5:

Cline-Pick Mines:

178.07 g/t Au over 3.54 m (25IGX128) including4; 219.00 g/t Au over 0.70 m;301.00 g/t Au over 0.68 m;295.00 g/t Au over 0.62 m; and112.50 g/t Au over 0.50 m. 15.28 g/t Au over 5.52 m (25IGX128) including5; 25.20 g/t Au over 0.66 m;19.15 g/t Au over 0.35 m; and40.30 g/t Au over 0.59 m. 12.75 g/t Au over 8.79 m (25IGX112), including; 93.75 g/t Au over 1.01 m. 23.57 g/t Au over 2.34 m (25IGX124) including; 115.00 g/t Au over 0.45 m. 2.41 g/t Au over 18.36 m (25IGX128) including; 24.00 g/t Au over 0.38 m; and34.40 g/t Au over 0.30 m. 1.29 g/t Au over 32.30 m (25IGX117);6.07 g/t Au over 6.63 m (25IGX110) including; 32.70 g/t Au over 0.80 m; and19.10 g/t Au over 0.47 m. 4.62 g/t Au over 6.91 m (25IGX114A) including; 15.30 g/t Au over 0.85 m. 2.36 g/t Au over 12.18 m (25IGX115) including; 26.50 g/t Au over 0.66 m. 1.57 g/t Au over 15.60 m (25IGX116) including; 11.50 g/t Au over 0.35 m. 5.53 g/t Au over 3.63 m (25IGX119) including; 11.10 g/t Au over 1.17 m. 6.34 g/t Au over 3.36 m (25IGX119), including; 17.78 g/t Au over 1.13 m. 3.75 g/t Au over 5.28 m (25IGX119) including; 12.05 g/t Au over 1.49 m. 2.80 g/t Au over 6.72 m (25IGX127B) including; 17.25 g/t Au over 0.57 m. 4.79 g/t Au over 3.68 m (25IGX111) including; 37.30 g/t Au over 0.70 m. 23.00 g/t Au over 0.58 m (25IGX121);1.62 g/t Au over 8.77 m (25IGX112) including; 10.15 g/t Au over 0.57 m. 12.70 g/t Au over 0.98 m (25IGX113);16.95 g/t Au over 0.64 m (25IGX117);2.23 g/t Au over 4.98 m (25IGX122) including; 18.35 g/t Au over 0.41 m; and 1.88 g/t Au over 5.42 m (25IGX111) including; 16.15 g/t Au over 0.36 m. 3 All reported composite intervals reported as uncut, and composites lengths are reported as core length. True width is estimated to be 40 to 85% of core length unless otherwise stated. Composites are calculated with a 0.5 g/t cut-off, maximum internal waste of 4 m, and no minimum length. Higher-grade intervals within the primary drillhole composite are reported as “Including” for any individual or consecutive samples with assay grades greater than 10 g/t Au.
4 True width is estimated to be approximately 50% of core length.
5 True width is estimated to be 10-20% of core length.

Qualified Persons

Scott R.G. Parsons, P.Geo., FAusIMM, Alamos Gold’s Vice President, Exploration, has reviewed and approved the scientific and technical information contained in this news release. Scott R.G. Parsons is a “Qualified Person” as defined by Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Exploration programs at the Island Gold District are directed and supervised by Tyler Poulin, P.Geo., Geology Superintendent at the Island Gold Mine. Tyler Poulin is a “Qualified Person” as defined by Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Quality Assurance and Quality Control

Alamos Gold maintains an internal Quality Assurance / Quality Control (QA/QC) program at the Island Gold Mine to ensure sampling and analysis of all exploration work is conducted in accordance with best practices.

Access to the Island Gold Mine is controlled by security personnel. Drill core is logged and sampled at core logging facilities within the mine site under the supervision of a Qualified Geologist. A geologist marks the individual samples for analysis, and sample intervals, sample numbers, standards and blanks are entered into the database. Exploration core is cut in half using an electric core saw equipped with a diamond tipped blade. One half of the core is placed into a plastic sample bag and sealed with zip ties in preparation for shipment. The other half of the core is returned to the core box and retained for future reference. Approximately 20% of all delineation core is cut and stored, and the entire core sample is sent for analysis on all definition programs.

The samples are placed in large heavy-duty nylon reinforced Fabrene bags, which are identified and sealed before being placed on pallets. The core samples are picked up at the mine site and mine samples are delivered to AGAT and Actlabs laboratories, and regional samples are delivered to ALS laboratory, all located in Thunder Bay, Ontario.

Gold is analyzed by a 50 grams fire assay with an Atomic Absorption (AA) finish. Mine samples greater than 10.0 g/t Au, and regional samples greater than 5.0 g/t Au are re-analyzed using gravimetric finish methods. AGAT, Actlabs and ALS are certified laboratories and have internal quality control (“QC”) programs that include insertion of reagent blanks, reference materials, and pulp duplicates.

The Corporation inserts QC samples (blanks and reference materials) at regular intervals to monitor laboratory performance. Cross check assays are completed on a regular basis in a secondary accredited laboratory. The Island Gold Mine QA/QC procedures are more completely described in the August 6, 2025 Technical Report filed on SEDAR+ (www.sedarplus.ca).

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operations in North America. This includes the Island Gold District and Young-Davidson mine in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed to the highest standards of sustainable development. The Company’s shares are traded on the TSX and NYSE under the symbol “AGI”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons Senior Vice President, Corporate Development & Investor Relations (416) 368-9932 x 5439   Khalid Elhaj Vice President, Business Development & Investor Relations (416) 368-9932 x 5427 [email protected]    The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note

This news release includes certain statements that constitute forward-looking information within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"). All statements in this news release other than statements of historical fact, which address events, results, outcomes, or developments that Alamos expects to occur are forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "plan", "estimate", “target”, “prospective” “potential”, “opportunity”, “ongoing”, “continued” or variations of such words and phrases and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved or the negative connotation of such terms.

Such statements in this news release include, without limitation, statements with respect to planned exploration programs, focuses, strategies, drilling targets and work, potential for further exploration of certain areas, potential exploration and drilling results and related expectations, costs and expenditures, including with respect to the cost of development and production, project economics, profitability of operations; gold price assumptions, potential mineralization, projected ore grades, opportunities to add near mine and further high-grade Mineral Reserves and Mineral Resources, expected continued growth of the main Island Gold Deposit; the Island Gold District Expansion Study, the expansion of the Magino mill, and other statements and information that is based on forecasts and projections of future operational, geological or financial results, estimates of amounts not yet determinable and assumptions of management.

Exploration results that include geophysics, sampling, and drill results on wide spacings may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of Mineral Resource. A Mineral Resource that is classified as "inferred" or "indicated" has a great amount of uncertainty as to its existence and economic and legal feasibility. It cannot be assumed that any or part of an "Indicated Mineral Resource" or "Inferred Mineral Resource" will ever be upgraded to a higher category of Mineral Resource. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into Proven and Probable Mineral Reserves.

Alamos cautions that forward-looking statements are necessarily based upon several factors and assumptions that, while considered reasonable by management at the time of making such statements, are inherently subject to significant business, economic, technical, legal, political and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements, and undue reliance should not be placed on such statements and information.

These factors and assumptions include, but are not limited to: the actual results of current exploration activities; changes to current estimates of mineral reserves and mineral resources; conclusions of economic and geological evaluations; changes in project parameters as plans continue to be refined; operations may be exposed to illness, disease, epidemic or pandemic which may impact, among other things, the broader market; state and federal orders or mandates (including with respect to mining operations generally or auxiliary businesses or services required for the Company’s operations) in Canada, Mexico and other jurisdictions in which the Company does or may conduct business; the duration of regulatory responses to any illness, disease, epidemic or pandemic; changes in national and local government legislation, controls or regulations; failure to comply with environmental and health and safety laws and regulations; labour and contractor availability (and being able to secure the same on favourable terms); ability to sell or deliver gold doré bars; disruptions in the maintenance or provision of required infrastructure and information technology systems; fluctuations in the price of gold or certain other commodities such as, diesel fuel, natural gas, and electricity; operating or technical difficulties in connection with mining or development activities, including geotechnical challenges and changes to production estimates (which assume accuracy of projected ore grade, mining rates, recovery timing and recovery rate estimates and may be impacted by unscheduled maintenance); changes in foreign exchange rates (particularly the Canadian dollar, U.S. dollar, and Mexican peso); the impact of inflation; the potential impact of any tariffs, trade barriers and/or regulatory costs; employee and community relations; litigation and administrative proceedings; disruptions affecting operations; risks associated with the startup of new mines; availability of and increased costs associated with mining inputs and labour; delays in the development or updating of mine plans; inherent risks and hazards associated with mining and mineral processing including environmental hazards, industrial accidents, unusual or unexpected formations, pressures and cave-ins; the risk that the Company’s mines may not perform as planned; uncertainty with the Company's ability to secure additional capital to execute its business plans; the speculative nature of mineral exploration and development, risks in obtaining and maintaining necessary licenses, permits and authorizations, contests over title to properties; expropriation or nationalization of property; political or economic developments in Canada or Mexico and other jurisdictions in which the Company does or may carry on business in the future; increased costs and risks related to the potential impact of climate change; the costs and timing of exploration, construction and development of new deposits; risk of loss due to sabotage, protests and other civil disturbances; the impact of global liquidity and credit availability and the values of assets and liabilities based on projected future cash flows; and business opportunities that may be pursued by the Company.

For a more detailed discussion of such risks and other factors that may affect the Company's ability to achieve the expectations set forth in the forward-looking statements contained in this news release, see the Company’s latest 40-F/Annual Information Form and Management’s Discussion and Analysis, each under the heading “Risk Factors”, available on the SEDAR+ website at www.sedarplus.ca or on EDGAR at www.sec.gov. The foregoing should be reviewed in conjunction with the information and risk factors and assumptions found in this news release.

The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether written or oral, or whether as a result of new information, future events or otherwise, except as required by applicable law.

Note to U.S. Investors – Mineral Reserve and Resource Estimates

Unless otherwise indicated, all Mineral Resource and Mineral Reserve estimates included in this news release have been prepared in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) - CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the “CIM Standards”). NI 43-101 is a rule developed by the Canadian Securities Administrators, which established standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Mining disclosure in the United States was previously required to comply with SEC Industry Guide 7 (“SEC Industry Guide 7”) under the United States Securities Exchange Act of 1934, as amended. The U.S. Securities and Exchange Commission (the “SEC”) has adopted final rules, to replace SEC Industry Guide 7 with new mining disclosure rules under sub-part 1300 of Regulation S-K of the U.S. Securities Act (“Regulation S-K 1300”) which became mandatory for U.S. reporting companies beginning with the first fiscal year commencing on or after January 1, 2021. Under Regulation S-K 1300, the SEC now recognizes estimates of “Measured Mineral Resources”, “Indicated Mineral Resources” and “Inferred Mineral Resources”. In addition, the SEC has amended its definitions of “Proven Mineral Reserves” and “Probable Mineral Reserves” to be substantially similar to international standards.

Investors are cautioned that while the above terms are “substantially similar” to CIM Definitions, there are differences in the definitions under Regulation S-K 1300 and the CIM Standards. Accordingly, there is no assurance any mineral reserves or mineral resources that the Company may report as “proven mineral reserves”, “probable mineral reserves”, “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under NI 43-101 would be the same had the Company prepared the mineral reserve or mineral resource estimates under the standards adopted under Regulation S-K 1300. U.S. investors are also cautioned that while the SEC recognizes “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources” under Regulation S-K 1300, investors should not assume that any part or all of the mineralization in these categories will ever be converted into a higher category of mineral resources or into mineral reserves. Mineralization described using these terms has a greater degree of uncertainty as to its existence and feasibility than mineralization that has been characterized as reserves. Accordingly, investors are cautioned not to assume that any measured mineral resources, indicated mineral resources, or inferred mineral resources that the Company reports are or will be economically or legally mineable.

 Table 1: Island Gold – Previously Unreleased Select Composite Intervals from Surface and Underground Exploration DrillingComposite intervals greater than 3 g/t Au weighted average, capping values:

Island West and Island Main (C-Zone) @ 230 g/t Au; Island Main and East (E1E Zone) @ 185 g/t Au; B Zone @ 120 g/t Au; NS1 Zone and NTH4 @ 100 g/t Au; D1 zone @ 45 g/t Au; NS2, NS3 and NS4 zone @ 35 g/t Au.

 Hole IDZoneTarget AreaFrom
(m)To
(m)Core
Length
(m)True
Width
(m)Au
Uncut
(g/t)Au
Cut
(g/t)Vertical
Depth
(m)560-481-12BIsland West Hanging Wall178.40184.556.152.203.353.35455850-472-34BIsland West Hanging Wall169.65174.054.402.453.153.151008900-506-23CIsland West121.85126.034.182.1364.7063.19878900-506-19CIsland West96.0099.903.903.0113.7913.799201025-492-06CIsland West270.10274.904.804.1012.9512.9511061025-503-26CIsland West231.60235.553.952.0611.1211.121099790-460-37CIsland West96.65101.044.391.956.786.78854560-481-16CIsland West78.0582.304.251.896.416.415071025-492-07CIsland West328.00347.0019.005.286.116.111170900-506-35CIsland West96.60102.906.303.884.304.30887850-472-43CIsland West172.75175.302.552.053.263.26977790-460-15D1Island West Footwall98.60102.273.673.554.984.988411190-607-13E1EIsland East120.00129.009.004.4916.2216.2211741190-607-04E1EIsland East106.90117.9511.057.5531.5312.0511811190-607-12E1EIsland East155.00179.3024.305.7511.7111.7112151190-607-18E1EIsland East137.70177.0039.3021.419.848.6412451190-607-10E1EIsland East114.00134.6020.603.658.528.5212021190-607-09E1EIsland East96.25103.407.151.386.776.771205945-622-08E1EIsland East500.80506.205.402.415.065.0613411190-607-05E1EIsland East97.30102.254.953.114.704.7011551190-607-02E1EIsland East99.90104.154.252.763.683.6811931190-607-03E1EIsland East104.84110.115.273.533.363.361210560-481-12NS1Island West Hanging Wall402.65405.502.852.079.369.36329560-481-14NS1Island West Hanging Wall430.00433.503.502.099.089.08260560-481-13NS1Island West Hanging Wall273.00275.502.502.174.894.89510900-506-24NS2Island West Hanging Wall155.95164.008.052.8720.6618.79933900-506-22NS2Island West Hanging Wall152.35156.073.723.6917.239.69956900-506-35NS2Island West Hanging Wall196.15200.003.852.9420.928.77849900-506-30NS2Island West Hanging Wall166.90172.405.505.166.586.58911900-506-18ANS2Island West Hanging Wall154.75160.906.155.899.066.33975900-506-44NS2Island West Hanging Wall239.00246.257.256.0113.815.3110541025-503-32NS2Island West Hanging Wall237.10241.704.603.348.514.841059900-506-20NS2Island West Hanging Wall199.35201.852.502.354.434.43846900-506-27NS2Island West Hanging Wall152.00161.009.008.804.424.429391025-503-33NS2Island West Hanging Wall279.50283.754.252.1211.313.551124850-475-25NS3Island West Hanging Wall127.70131.003.302.3139.9812.88959790-460-36NS3Island West Hanging Wall275.71287.5711.868.0058.929.931021850-472-39NS3Island West Hanging Wall93.0096.503.502.029.609.609321025-492-18NS3Island West Hanging Wall360.90365.004.103.394.734.731218850-470-07NS3Island West Hanging Wall75.0078.003.002.8853.984.28848850-472-46NS3Island West Hanging Wall152.85158.025.174.023.893.89963850-472-51NS4Island West Hanging Wall106.60109.402.802.4624.914.459211025-492-02NS4Island West Hanging Wall354.65356.802.152.0710.159.191179900-506-22NS4Island West Hanging Wall385.65388.152.502.4622.217.331012850-472-45NS4Island West Hanging Wall148.00152.004.003.154.524.529211160-625-26NTH4Island East Footwall204.00206.402.402.08132.7334.8610421160-625-25NTH4Island East Footwall200.00207.007.006.088.998.9910861160-625-24NTH4Island East Footwall182.50186.734.234.046.656.651070790-460-37UnknownIsland West Hanging Wall190.42198.007.58 9.80 892850-472-51UnknownIsland West Hanging Wall123.00131.358.35 8.65 934945-624-96UnknownIsland East Footwall376.55380.403.85 7.66 12311025-503-29UnknownIsland West Footwall235.70238.002.30 5.09 1150MA25-305Unknown 681.75685.403.65 4.82 652850-472-47UnknownIsland West Hanging Wall130.00134.204.20 4.14 952850-472-50UnknownIsland West Hanging Wall150.15154.504.35 3.27 993945-622-06AUnknownIsland East Footwall532.90538.705.80 3.18 1392  Table 2: Island Gold – Previously Unreleased Select Composite Intervals from Underground and Surface Delineation Drilling C/E1E ZonesComposite intervals greater than 20 gram*metre.

Capping values: Island West and Island Main (C-zone) @ 230 g/t Au; Island Main and East (E1E Zone) @ 185 g/t Au.

 Hole IDZoneTarget AreaFrom
(m)To
(m)Core
Length
(m)True
Width
(m)Au
Uncut
(g/t)Au
Cut
(g/t)Vertical
Depth
(m)890-461-54CIsland West113.05120.957.905.5621.4114.77920850-472-13CIsland West143.00145.352.352.0010.1710.17920850-470-04CIsland West178.40202.1023.706.923.943.941000490-450-06CIsland West180.65184.003.352.1743.2643.265541025-503-20CIsland West266.00269.063.062.0610.9610.9611531025-503-16CIsland West226.50231.905.403.0710.8310.8311151025-503-12CIsland West230.50233.653.152.1613.0813.081126MH44-03E1EIsland East1420.741424.123.382.535.365.361382MH44-02E1EIsland East1394.351400.155.804.155.205.201352MH42-03E1EIsland East1504.701524.0019.3017.9954.8539.731392MH42-02E1EIsland East1500.001505.305.305.2913.5513.551377MH41-03E1EIsland East1518.301522.954.654.0860.0057.811427MH41-01E1EIsland East1468.701477.909.207.0556.0535.021363945-624-99E1EIsland East228.00233.005.003.707.037.031104945-624-95E1EIsland East450.00458.158.154.589.289.281305945-624-88E1EIsland East323.70328.905.202.8611.5211.521219945-624-87E1EIsland East388.30394.656.352.4387.6346.481305945-624-78E1EIsland East353.50382.7029.2013.095.885.881268945-624-75E1EIsland East230.60247.2516.6514.725.275.271119945-624-68E1EIsland East323.50326.703.202.1026.2826.281212945-622-07E1EIsland East563.00568.205.202.9113.7613.761386945-622-03E1EIsland East341.10347.356.252.9918.6412.881242945-622-02E1EIsland East388.10395.056.954.008.708.7012791190-607-19E1EIsland East121.40139.9018.504.656.866.8612181190-607-09E1EIsland East196.90203.506.603.4418.7114.8912531190-607-09E1EIsland East157.05165.508.454.157.317.3112341190-607-08E1EIsland East125.85158.3032.4517.504.114.1112031190-607-03E1EIsland East127.77149.3821.6112.184.094.0912261160-625-29E1EIsland East153.13174.0020.8710.154.494.4911861160-625-15E1EIsland East201.00205.004.002.1148.3147.681253  Table 3: Island Gold Regional Exploration – Previously Unreleased Select Composite Intervals from 2025 Surface Exploration Drilling at Cline-Pick and Edwards.Composite intervals greater than 4 g*m

All reported composite intervals reported as uncut, and composites lengths are reported as core length. True width is estimated to be 40 to 85% of core length, unless otherwise noted (i.e. 25IGX128). Composites are calculated with a 0.5 g/t cut-off, maximum internal waste of 4.0 m, and no minimum length.

 Hole IDZoneTarget AreaFrom
(m)To
(m)Core
Length
(m)Au
Uncut
(g/t)Vertical
Depth
(m)25IGX110
 Pick
61.6968.326.636.0745.79including62.1462.940.8032.70 including64.8365.300.4719.10 25IGX111
 Pick
100.92106.345.421.8897.21including 105.56105.920.3616.15 and201.30204.983.684.79187.87including202.97203.390.4237.30 25IGX112
 Pick
181.05189.828.771.62 including 183.55184.120.5710.15 and250.18258.978.7912.75176.56including 250.18251.191.0193.75 and296.00300.004.002.66 25IGX113 Pick149.05150.030.9812.70129.1925IGX114A
 Pick
131.00137.916.914.62123.22including 135.59136.440.8515.30 and252.86253.200.3418.75230.7225IGX115
 Pick
298.05310.2312.182.36285.55including 298.05298.710.6626.50 25IGX116
 Pick
259.90275.5015.601.57241.71and299.65300.000.3511.50 25IGX117
 Pick
42.8043.440.6416.9531.26and201.93234.2332.301.29157.0325IGX118 Pick243.51247.844.332.65202.0025IGX119
 Pick
297.35300.983.635.53287.87including 299.38300.551.1711.10 and345.48348.843.366.34329.85including 347.40348.531.1317.78 and353.13358.415.283.75337.37including 356.92358.411.4912.05 25IGX120 Pick319.74323.503.762.68379.6425IGX121 Pick359.58360.160.5823.00356.5725IGX122
 Pick
255.24260.224.982.23188.27including 258.90259.310.4118.35 25IGX123 PickAssays Pending25IGX124
 Pick
150.17152.512.3423.57109.20including 151.68152.130.45115.00 25IGX125 PickAssays Pending25IGX126A
 Pick
319.12319.420.3023.40268.90and413.92416.782.863.66346.90including 413.92414.420.5019.35 25IGX127B Pick418.28425.006.722.80296.10Including 424.30425.000.7017.25 and444.25451.857.601.64313.3525IGX128
 Pick
517.30535.6618.362.41407.00including 526.69527.070.3824.00 including 531.00531.300.3034.40 and542.90548.425.5215.28423.10including 542.90543.450.5515.10 including 543.45544.350.9010.60 including 544.35545.100.7512.35 including 545.57546.000.4318.35 including 546.00546.660.6625.20 including 547.48547.830.3519.15 including 547.83548.420.5940.30 and555.00558.543.54178.07433.70including 555.00555.700.70219.00 including 555.70556.380.68301.00 including 556.38557.000.62295.00 including 557.00557.500.50112.50 including 557.50558.050.5525.30 including 558.05558.540.4939.40 25IGX132 EdwardsAssays Pending25IGX133 EdwardsAssays Pending  Table 4: Island Gold surface and underground exploration and delineation drill holes; azimuth, dip, drilled length, and collar location at surface (UTM NAD83). Hole IDAzimuth
(°)Dip (°)Drilled
Length
(m)UTM
Easting
(m)UTM
Northing
(m)UTM
Elevation
(m)MH45-01354.0-81.01600.0692071.95351269.0395.0MH44-03349.0-86.01534.0691642.25351374.9398.8MH44-02349.0-86.01461.0691642.25351374.9398.8MH42-03334.0-80.01691.0692200.15351227.6397.2MH42-02334.0-80.11605.0692200.15351227.6397.2MH42-01334.0-80.01641.0692200.15351227.6397.2MH41-03342.0-78.21584.0692214.75351234.2397.2MH41-01342.0-78.01669.0692214.75351234.2397.2MA25-305352.0-73.61051.0689588.05350980.5382.0945-624-9928.1-50.5279.0691897.05351741.7-537.8945-624-9659.4-53.0417.0691897.95351739.9-537.8945-624-9579.0-52.0516.0691898.25351739.1-537.9945-624-9486.5-61.9537.0691898.05351738.8-537.9945-624-8860.1-64.2423.0691897.75351740.1-537.9945-624-8757.9-77.7420.0691897.35351740.1-537.9945-624-7865.1-68.9408.0691897.65351740.1-538.0945-624-7532.0-56.2300.0691896.95351741.4-538.0945-624-6863.5-60.9393.0691898.05351739.7-537.9945-622-08250.2-52.1552.0691891.55351739.8-537.8945-622-07245.0-50.0606.0691891.65351739.5-537.9945-622-06A241.5-58.3645.0691891.75351739.7-538.9945-622-06A241.5-58.3645.0691891.75351739.7-538.9945-622-03269.3-66.1468.0691891.55351740.2-538.0945-622-02253.0-64.9513.0691891.95351739.5-537.9900-506-44163.9-31.0270.0690683.45351595.0-541.6900-506-35223.618.2432.0690681.85351595.8-539.8900-506-30205.63.2186.0690682.05351595.4-540.4900-506-27202.1-5.4192.0690682.35351595.1-540.7900-506-24173.2-3.2255.0690683.55351595.1-540.6900-506-23235.919.5228.0690680.95351597.0-539.6900-506-22222.5-11.5436.0690681.65351596.2-540.9900-506-20214.919.3207.0690681.45351596.3-539.8900-506-19198.01.2195.0690681.65351596.0-540.4900-506-18A199.9-19.0195.0690682.35351595.1-541.2890-461-54183.5-27.4210.0690217.05351519.3-483.2890-461-53187.1-20.3168.0690216.75351519.2-483.0850-475-25289.3-57.3204.0690419.95351406.2-467.6850-472-51206.1-41.5249.0690402.85351371.9-466.5850-472-50198.4-71.2207.0690403.35351371.8-466.8850-472-47231.0-51.4165.0690402.35351373.0-466.7850-472-46258.9-43.8180.9690401.95351374.1-466.4850-472-45256.9-26.2165.0690401.85351373.9-465.9850-472-43298.2-46.6240.0690402.85351375.8-466.5850-472-39291.3-60.2318.0690403.35351375.7-466.7850-472-38295.3-56.2312.0690403.25351375.9-466.7850-472-34323.2-67.4240.0690404.75351376.2-466.7850-472-13324.8-28.1195.0690403.65351376.1-465.9850-470-07214.30.9165.0690355.05351454.5-467.7850-470-04243.9-51.1252.0690354.65351457.5-469.0790-460-37169.7-20.3240.0690191.05351552.4-434.2790-460-36153.9-44.2309.0690191.95351552.8-435.0790-460-15171.7-13.9144.0690191.25351552.4-434.0560-481-16230.429.9441.0690408.15351582.0-166.5560-481-14233.733.7456.0690408.05351581.9-166.1560-481-13237.86.2333.0690408.25351582.6-168.1560-481-12238.328.9453.0690408.05351582.3-166.5490-450-06216.2-21.1447.0690071.05351599.9-100.3490-450-05217.02.3450.0690070.85351599.8-99.31190-607-19144.1-28.0213.0691673.25351859.7-774.41190-607-18147.2-32.9222.0691673.15351859.7-774.61190-607-13222.3-7.2234.0691669.85351859.7-773.91190-607-12222.1-20.0354.0691671.65351859.7-774.11190-607-10140.1-22.2207.0691673.85351859.9-774.11190-607-09128.5-28.9216.0691674.45351860.0-774.41190-607-09130.6-28.9216.0691674.45351860.0-774.41190-607-08126.3-19.0195.0691674.65351859.9-774.21190-607-05212.30.1219.0691670.25351859.7-773.71190-607-04209.5-13.1270.0691670.65351859.5-774.11190-607-03185.2-30.1210.0691671.65351859.6-774.41190-607-03185.2-30.1210.0691671.65351859.6-774.41190-607-02191.2-20.1165.0691671.35351859.7-774.21160-625-29121.2-19.9249.0691853.25351912.6-747.71160-625-27106.917.9153.0691853.65351913.3-746.11160-625-2662.524.3279.0691853.95351914.8-746.01160-625-2555.111.5246.0691853.85351915.2-746.41160-625-2443.217.0198.0691853.55351915.5-746.11160-625-22113.114.2168.0691852.35351912.3-746.31160-625-15149.7-35.0249.0691850.75351911.5-748.01160-625-08117.02.9147.0691852.15351912.2-746.71025-503-33157.8-26.2336.0690624.25351662.8-610.11025-503-32163.7-15.9273.0690624.25351662.7-609.71025-503-29156.4-40.0309.0690624.85351662.9-610.71025-503-26131.7-28.4354.0690625.45351663.0-610.21025-503-21181.8-35.2339.0690623.65351662.6-610.41025-503-20151.2-35.1303.0690625.05351662.9-610.51025-503-16156.7-29.6273.0690624.35351662.8-610.21025-503-12166.0-33.0339.0690624.15351662.8-610.31025-497-42191.016.5192.0690565.55351645.7-607.41025-492-23182.9-44.9441.0690509.95351628.5-607.81025-492-18196.9-32.8426.0690509.95351628.5-607.81025-492-07213.4-29.0384.0690509.95351628.5-607.81025-492-06218.0-22.7372.0690509.95351628.5-607.81025-492-02198.9-29.4393.0690509.95351628.5-607.8        Note: UTM mine surface elevation 393 m

Table 5: Surface regional exploration drill holes; azimuth, dip, drilled length, and collar location at surface (UTM NAD83). Hole IDAzimuth
(°)Dip (°)Drilled
Length
(m)UTM
Easting
(m)UTM
Northing
(m)UTM
Elevation
(m)25IGX110180.1-45.1292.9696034.65355085.6411.525IGX1112.2-68.2348.0696418.75355005.8418.025IGX112359.0-45.0300.0696484.35354985.0418.025IGX1132.2-60.2354.0696484.55354984.3418.025IGX114A4.1-67.0342.0696484.85354984.2418.325IGX1154.1-70.2396.0696528.15354980.3419.225IGX1164.0-65.0394.5696528.15354980.3419.225IGX1171.1-46.1291.0696657.85354942.9414.525IGX1181.0-56.1318.0696657.45354942.4413.225IGX1190.5-63.7435.0696563.75354909.3412.525IGX1200.0-67.0498.0696563.75354909.2412.425IGX121191.2-60.4477.0696728.05355232.9428.625IGX122231.6-51.0387.0696639.95355278.4418.925IGX1230.9-51.8354.0696196.85354993.9408.125IGX124355.1-46.6327.0696476.65355019.4416.825IGX125214.6-46.4312.0696727.45355231.9427.225IGX126A351.5-59.5504.6696476.45354848.0409.825IGX127B166.9-50.1543.0696395.65355372.5403.425IGX128203.5-54.7565.7696770.85355357.5413.225IGX129180.0-45.0327.0693177.05355827.3399.325IGX130180.1-45.0303.0693487.65355759.8393.725IGX131209.9-47.0339.0694199.55355800.6401.125IGX13238.0-47.0202.6695944.05354803.9407.125IGX13328.9-45.0192.0695944.05354803.9407.1 Figure 1: Island Gold Mine – C/E1E Longitudinal: New Underground Exploration Drilling Highlights

Figure 2: Island Gold Mine – New Underground Exploration Drilling Highlights: Hanging Wall & Footwall Zones

Figure 3: Island Gold Mine – C/E1E Longitudinal: New Surface & Underground Delineation Drilling Highlights

Figure 4: Location Map – Island Gold District Regional Exploration – Cline-Pick & Edwards Mines

Figure 5: Cline-Pick Mines Plan Map with Current and Historic Drilling
A-A’ cross section reference (see Figure 6)

Figure 6: Cline-Pick Mines Longitudinal with Current and Historic Drilling

Figure 7: Cline-Pick Core Photo – High-Grade Quartz Vein in Drill hole 25IGX128

Figures accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/8b293cd3-ac00-4a22-96f6-403f4ace1090

https://www.globenewswire.com/NewsRoom/AttachmentNg/c278b5d0-06b3-4ffd-b1af-4d107b813211

https://www.globenewswire.com/NewsRoom/AttachmentNg/5997c48a-7f1d-4d19-8dc3-048b8f785996

https://www.globenewswire.com/NewsRoom/AttachmentNg/ec9a2641-b1e3-4e89-af06-c2c08f54961e

https://www.globenewswire.com/NewsRoom/AttachmentNg/38ed45d5-c8eb-44b3-ad7d-1f07c7a29c31

https://www.globenewswire.com/NewsRoom/AttachmentNg/55b869e9-684c-4480-99c8-62faea85214b

https://www.globenewswire.com/NewsRoom/AttachmentNg/7b584606-744e-4a01-b56e-8b0bf97f10ee

HomeEarnings AnalysisTech 

SummaryPalantir Technologies Inc. delivered robust Q4 2025 results, with 70% y/y revenue growth and strong operating leverage.Despite management issuing above-consensus sales and profitability guidance for FY-2026, PLTR's fair value estimate of $95.46 signals ~40% downside from current levels.After a ~30% correction from our last assessment, I am upgrading PLTR stock from 'Strong Sell' in the low-$200s to a tactical 'Sell' in the mid-$100s.Technically, a break below ~$150 could trigger a deeper correction toward the $50-100 range, and I would certainly reconsider PLTR stock if valuation normalizes to such levels.Looking for a helping hand in the market? Members of The Quantamental Investor get exclusive ideas and guidance to navigate any climate. Learn More » JasonDoiy/iStock Unreleased via Getty Images

Introduction In early November, I reiterated a Strong Sell rating on Palantir Technologies, Inc. (PLTR) stock in the immediate aftermath of an excellent Q3 2025 report, primarily due to its exorbitant valuation:

As of

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.

Woodward (WWD - Free Report) reported $996.45 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 29%. EPS of $2.17 for the same period compares to $1.35 a year ago.

The reported revenue represents a surprise of +10.11% over the Zacks Consensus Estimate of $904.99 million. With the consensus EPS estimate being $1.65, the EPS surprise was +31.35%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Woodward performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Segment external net sales- Industrial: $361.56 million versus the three-analyst average estimate of $299.2 million. The reported number represents a year-over-year change of +29.7%.Segment external net sales- Aerospace: $634.9 million versus $581.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +28.6% change.Aerospace segment net sales- Defense aftermarket: $64 million compared to the $67.05 million average estimate based on two analysts. The reported number represents a change of +1.6% year over year.Aerospace segment net sales- Commercial aftermarket: $245 million versus the two-analyst average estimate of $199.15 million. The reported number represents a year-over-year change of +49.4%.Aerospace segment net sales- Commercial OEM: $188 million compared to the $171.79 million average estimate based on two analysts. The reported number represents a change of +22.1% year over year.Aerospace segment net sales- Defense OEM: $138 million versus the two-analyst average estimate of $142.18 million. The reported number represents a year-over-year change of +22.1%.Segment earnings- Aerospace: $148.4 million versus the three-analyst average estimate of $127.79 million.Segment earnings (loss)- Industrial: $66.99 million compared to the $44.05 million average estimate based on three analysts.View all Key Company Metrics for Woodward here>>>

Shares of Woodward have returned +2.3% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Healthpeak (DOC - Free Report) came out with quarterly funds from operations (FFO) of $0.47 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to FFO of $0.46 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of +3.37%. A quarter ago, it was expected that this health care real estate investment trust would post FFO of $0.45 per share when it actually produced FFO of $0.46, delivering a surprise of +2.22%.

Over the last four quarters, the company has surpassed consensus FFO estimates two times.

Healthpeak, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $719.4 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.84%. This compares to year-ago revenues of $697.99 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.

Healthpeak shares have added about 7.2% since the beginning of the year versus the S&P 500's gain of 1.4%.

What's Next for Healthpeak?While Healthpeak has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Healthpeak was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus FFO estimate is $0.45 on $700.56 million in revenues for the coming quarter and $1.84 on $2.83 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Community Healthcare Trust (CHCT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended December 2025. The results are expected to be released on February 17.

This real estate investment trust is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents a year-over-year change of +1.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Community Healthcare Trust's revenues are expected to be $31.67 million, up 8.1% from the year-ago quarter.

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- International Paper Chief Executive Officer Andy Silvernail will speak at Bank of America Securities 2026 Global Agriculture and Materials Conference on February 26, 2026. The presentation is scheduled to begin at 8:15 a.m. Eastern Time and will be followed by a question-and-answer session.

All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investors/events-presentations. A replay of the webcast will be available on the website approximately three hours after the presentation.

About International Paper
International Paper (NYSE: IP; LSE: IPC) is dedicated to empowering customers, teammates, and shareowners to thrive by delivering innovative, sustainable packaging solutions for a changing world. As a trusted leader in corrugated packaging, we collaborate with partners across industries to protect what matters most—strengthening supply chains, advancing sustainability, and creating lasting value for our stakeholders. Discover more at internationalpaper.com.

SOURCE International Paper

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By Reuters

February 2, 202610:11 PM UTCUpdated 5 mins ago

Feb 2 (Reuters) - Alphabet (GOOGL.O), opens new tab unit Waymo has raised $16 billion in its latest fundraising round, valuing the self-driving car startup at $126 billion.

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Reporting by Ateev Bhandari in Bengaluru; Editing by Vijay Kishore

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Key Takeaways CEO Alex Karp took a victory lap after the company's fourth quarter beat Wall Street estimates, showing strong revenue growth and record profits. It also guided 2026 revenue higher.William Blair raised its rating on the stock to "outperform" ahead of the earnings report release on Monday; Citi boosted its rating last month. One of Wall Street's most-polarizing tech stocks is having a moment.

Shares of Palantir Technologies (PLTR) jumped Monday, rising as much as 9% in after-hours trading, after the company's fourth-quarter earnings report and revenue outlook for the coming year outstripped Wall Street estimates, showing that the company can deliver in the face of high expectations. Chief Alex Karp boasted about the AI software company's record results, calling its "massive acceleration in growth" a "remarkable achievement" in a shareholder letter—and taking a jab at skeptics.

"We still remember, and will not soon forget, enduring for years polite yet firm questions about the potential profitability and indeed more fundamentally the wisdom of our approach," he wrote in the letter.

WHY THIS MATTERS TO YOU While Palantir has been among Wall Street's more polarizing tech stocks due to its high valuations, it has been a Main Street darling. Retail investors cheered the company on after it reported another good quarter of growth.

Palantir stock's valuation had been a point of concern among Wall Street analysts after a torrid run-up since 2024 made its shares look "priced to perfection" in some eyes. However, a couple have come around, citing the company's growth trajectory—as well as the fact that the stock had fallen about 30% from all-time highs seen late last year.

The company's fourth quarter revenue of $1.41 billion exceeded Wall Street estimates of $1.34 billion, according to Visible Alpha a twelfth straight revenue "beat." Adjusted earnings per share came in at $0.25, above Street estimates for $0.23, the firm's data show.

William Blair had raised its price target on the stock to a bullish "outperform" ahead of the company's release on Monday, calling the company a "leader in the AI supply chain" and the stock's selloff from recent peaks a "buying opportunity."

The Trump administration has continued to go "all-in" on Palantir and likely helped boost its December-end quarter, according to William Blair analyst Louie DiPalma, who expects the stock to top $200 over the next 12 months, implying upside of more than 25% from recent prices.

Citi analyst Tyler Radke upgraded the firm's rating on the stock to a "buy" from a "neutral" stance last month, saying Palantir's revenue growth could reach 70% to 80% this year. Accelerating use cases for AI among businesses, and renewed urgency around the U.S.'s defense capabilities—both of which are "acutely aligned to PLTR’s strength," bodes well for the company, he said; Radke raised the price target on the stock to $235 from $210. The Visible Alpha consensus target is $189.

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James Steel, Chief Precious Metals Analyst at HSBC, reacts to the overnight decline in gold and silver. Precious metals clawed back some losses after another heavy selloff in Asian trading hours, as traders took stock of the abrupt unwinding of a record-breaking rally.

The company, which makes testing equipment for semiconductors and robotics, posted a fourth-quarter profit of $257.2 million, up from $146.3 million a year earlier.

watch now

Oracle's 5-year credit default swaps tumbled 17% after the software vendor's plan to raise $50 billion in debt and equity bolstered investor confidence that the company will be able to avoid a credit downgrade as it funds its artificial intelligence buildout.

"Equity financing significantly inhibits the downside for credit," Andrew Keches, a credit analyst at Barclays, wrote in a note to clients on Monday. Keches upgraded Oracle's debt to overweight and said that its CDS should compress further.

Credit default swaps are like insurance for investors, with buyers paying for protection in case the borrower can't repay its debt.

Oracle's CDS soared late last year on concerns that the company's massive data center commitments would damage its balance sheet, putting debt investors at risk. Oracle raised $18 billion in a jumbo bond sale in September, one of the largest debt issuances on record in the tech industry.

The 5-year swaps have been viewed by the market as a way for investors to hedge their bets on the AI boom. Oracle has been caught in a "peak fear" cycle for the past couple months, with the market reacting negatively to virtually any headline, wrote Keches.

Oracle said on Sunday it planned to raise $45 billion to $50 billion in debt and equity this year to build additional capacity to meet contracted demand from its cloud customers, which include Nvidia, Meta, OpenAI and Elon Musk's xAI. Using equity as a lever is a notable signal to bond investors that the company isn't solely reliant on debt.

Shares of Oracle are down by half since they peaked in September on fears tied to the company's financing plans and its dependency on OpenAI. At least $300 billion of Oracle's $523 billion in remaining performance obligations is tied to OpenAI, according to analysts at D.A. Davidson.

Following the company's quarterly earnings report in December, Oracle executives held back from detailing a comprehensive financing plan, hurting the stock, and pushing up CDS prices.

While the latest funding announcement instilled confidence among debt investors, the stock slid another 3% on Monday because the issuance of equity will dilute existing shareholders, at least in the near term. Oracle is using an at-the-money offering that will likely entail selling about 10% of its total traded volume over the next few weeks, traders told CNBC.

UBS analysts warned in a note that raising $20 billion to 25 billion from stock sales "may not be warmly received by all equity holders."

Hawaiian will award more than 44 million Atmos Rewards points to cardmembers through December Hawaiʻi resident cardmembers will earn a 50% bonus on Atmos Rewards points per $1 spent on all purchases up to 5,000 bonus points during the promotional period , /PRNewswire/ -- Hawaiian Airlines today unveiled its most exciting credit card giveaway to date, designed to reward loyal cardmembers with unprecedented opportunities to earn and win Atmos Rewards points throughout 2026.

Today through Dec. 31, every transaction made with a Hawaiian Airlines® World Elite Mastercard® automatically counts as an entry into the year-long sweepstakes*. 

Sweepstakes banner Seven weekly winners will receive 100,000 Atmos Rewards points. One monthly grand prize winner will receive an incredible one million Atmos Rewards points. The more transactions cardmembers make, the more chances they have to win. Promotion Dates: Feb. 1 – Dec. 31, 2026 "Our most rewarding credit card promotion is our way to mahalo our most loyal guests and Hawaiian Airlines cardholders," said Alisa Onishi, managing director of Hawaiʻi marketing for Hawaiian and Alaska airlines. "We're thrilled to give our cardmembers more ways to earn Atmos Rewards points with every purchase and bring them closer to taking a Neighbor Island trip or exploring the new reaches of our global network."

To further celebrate our commitment to Hawaiʻi, cardmembers residing in Hawaiʻi will earn a 50% bonus on Atmos Rewards points per $1 spent on all purchases up to 5,000 bonus points during the promotional period. This special offer highlights Hawaiian Airlines' dedication to its island home and provides unmatched value to local cardmembers. Visit HawaiianAirlines.com/GreatPointsGiveaway for more information.

Atmos Rewards recognizes the importance of air travel for Hawai'i residents and is making Neighbor Island travel more rewarding than ever — with members  earning up to five times more points on flights between the Islands. Plus, Neighbor Island award redemptions start at just 4,500 points one-way — making it easier than ever to visit family, attend events or explore the Islands.

The Hawaiian Airlines® World Elite Mastercard® gives cardmembers more ways to earn Atmos Rewards points, enjoy exclusive travel perks, and save on flights — making it one of the most rewarding airline cards. Popular benefits include:

Companion discounts Celebrate your account anniversary and receive an annual $100-off companion discount valid for 12 months from your anniversary date.
The discount is valid for roundtrip travel between Hawai'i and North America destinations on Hawaiian Airlines operated flights or roundtrip North America main cabin travel on Alaska Airlines operated flights. Two free checked bags Receive two free checked bags on eligible flights for the primary cardmember when you use your card to purchase eligible tickets directly from Hawaiian Airlines or Alaska Airlines. Status points Get closer to Atmos Rewards status with qualifying purchases on your Hawaiian Airlines® World Elite Mastercard®. Earn 1 status point for every $3 spent with no limit on the number of status points you can earn. Earn Earn 3 points for every $1 spent on eligible Hawaiian Airlines and Alaska Airlines purchases. Earn 2 points for every $1 spent on eligible gas, dining, and grocery store purchases. Earn 1 point per $1 spent on all other purchases. There is no limit to the total Atmos Rewards points you can earn. Free Points sharing As a Hawaiian Airlines Mastercard primary cardmember, you can send and receive Atmos Rewards Points between a network of up to 10 friends and family. Atmos Rewards members can start sharing points by logging into their account at https://www.alaskaair.com/atmosrewards Redeem points for flights with no blackout dates on Hawaiian Airlines and Alaska Airlines. Redeem for over 1,000 destinations globally through our network of airline partners.  Additional Hawaiian Airlines® World Elite Mastercard® benefits can be found at Hawaiian Airlines® World Elite Mastercard® - Benefits.

Those interested in applying for Hawaiian Airlines Bank of Hawaii World Elite Mastercard can do so at any Bank of Hawaii branch or online at boh.com/creditcard. Terms and conditions apply.

* No purchase required. See rules. Ends 12/31/26

About Alaska Air Group

Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, and McGee Air Services is a subsidiary of Alaska Airlines. We are a global airline with hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco. We deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia and the Pacific. We'll serve Europe beginning in spring 2026. Guests can book travel at alaskaair.com and hawaiianairlines.com. Alaska is a member of the oneworld alliance, with Hawaiian scheduled to join oneworld in spring 2026. With oneworld and our additional global partners, guests can earn and redeem points for travel to over 1,000 worldwide destinations with Atmos Rewards. Learn more about what's happening at Alaska and Hawaiian at news.alaskaair.com. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as "ALK."

SOURCE Hawaiian Airlines

, /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Chief Financial Officer and Treasurer, Matt Horvath, has resigned, effective March 31, 2026, to pursue an opportunity in a different industry sector. Horvath will continue to serve in his role through that date to support a smooth and orderly transition.

Stoneridge's executive team and Board of Directors have initiated a comprehensive search to identify a Chief Financial Officer. Until a permanent replacement is appointed, Robert Hartman, Chief Accounting Officer, will work closely with Matt over the next two months to ensure a smooth transition. Bob has a cumulative 27 years with Stoneridge, holding various leadership roles within the Company, including in accounting, financial planning and analysis, and internal audit.

"On behalf of Stoneridge, I want to thank Matt for his significant contributions over the past nine years. During his tenure, Matt played a key role in shaping our company's transformation and strategic direction, including advancing our portfolio strategy, helping manage strategic partnerships, and leading the execution of multiple critical divestitures, including the recently announced sale of our Control Devices segment," said Jim Zizelman, President and Chief Executive Officer. "He also helped strengthen the company's financial foundation through disciplined capital allocation and a continued focus on margin improvement and cash generation."

Zizelman added, "Matt built and led a highly capable, disciplined finance organization grounded in deep expertise and operational excellence. The finance team under Bob's strong leadership will ensure continued momentum and position Stoneridge for long-term success."

Stoneridge remains committed to delivering shareholder value and advancing its strategic objectives as a global leader in the transportation industry.

About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehicle intelligence, while enabling safety and security for on- and off-highway transportation sectors around the world. Additional information about Stoneridge can be found at www.stoneridge.com.

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the leadership transition and its expected effects on our operations and strategy. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Important factors are discussed in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. These statements speak only as of the date of this press release, and the Company undertakes no obligation to update forward-looking statements, except as required by law.

SOURCE Stoneridge, Inc.

Rosneft's Russian-flagged crude oil tanker Vladimir Monomakh transits the Bosphorus in Istanbul, Turkey, July 6, 2023. REUTERS/Yoruk Isik/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesIndian refiners need time to end Russian oil imports, refining sources sayShipments already booked would arrive in March, sources sayUS wants India to shift to Venezuelan oilNEW DELHI, Feb 3 (Reuters) - Indian refiners will need a wind-down period to complete Russian oil deals before imports from that country can be halted, and they have so far not been ordered by the government to stop such imports, two refining sources said.

U.S. President Donald Trump on Monday announced a trade agreement with Indian Prime Minister Narendra Modi that included a halt to Indian oil purchases from Russia.

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Indian companies have already booked cargoes loading in February and arriving in March, so a wind-down period would be needed to fulfil existing commitments, the sources said. They spoke on condition of anonymity because they were not authorised to speak with the media.

The trade deal with India would slash U.S. tariffs on Indian goods to 18% from 50% in exchange for India lowering trade barriers and stopping its purchases of Russian oil. It would buy oil instead from the U.S. and potentially Venezuela.

India became the top buyer of discounted Russian seaborne crude after the 2022 outbreak of war in Ukraine, generating a backlash among Western nations that targeted Russia's energy sector with sanctions.

The United States wants to curb Russia's oil revenues to make it harder for Moscow to fund the war.

"We spoke about many things, including Trade, and ending the War with Russia and Ukraine," Trump said of his discussion with Modi. "He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela."

Modi followed with a post on social media that he was delighted with the reduced tariff, but made no mention of a halt to purchases of Russian oil.

Reuters last week reported that the United States had told Delhi it could soon resume purchases of Venezuelan oil to help replace imports of Russian oil. Trump said on Saturday that India would buy Venezuelan oil.

Indian Oil Minister Hardeep Singh Puri last month said India was diversifying its crude sources as its Russian oil imports fall.

Data from trade sources showed India's Russian oil imports fell to their lowest level in two years in December, while OPEC's share of Indian imports rose to an 11-month high.

Indian refiners have been buying more oil from Middle Eastern, African and South American countries as they began scaling back Russian oil purchases, following discussions at a government meeting about accelerating a U.S.-India trade deal, refining sources said last month.

Reporting by Nidhi Verma; Editing by Edmund Klamann

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

Nidhi Verma is an award-winning journalist working with Reuters. Presently, she is working as Team Leader-Energy in India. She has more than two decades of experience in covering India and global energy sector. Her stories show a new dimension of the energy sector, the nuances of the oil trade, the role of geopolitics and the diplomatic efforts that a country makes to mitigate the impact of external shocks.

Toronto, Ontario--(Newsfile Corp. - February 2, 2026) - Elixxer Ltd. (TSXV: ELXR.H) ("Elixxer" or the "Company") announces that, further to its press release of July 4, 2025, the Company has entered into an amending agreement dated January 29, 2026 (the "Amending Agreement") with an effective date of January 1, 2026, with AIP Asset Management Inc. (the "Security Agent") and AIP Convertible Private Debt Fund L.P.

Toronto, Ontario--(Newsfile Corp. - February 2, 2026) - Leon's Furniture Limited (TSX: LNF) ("LFL" or the "Company"), today announced that it plans to release its financial results for the fourth quarter and year-ended December 31, 2025, after market close on Wednesday, February 25, 2026. The Company will host a conference call and webcast on Thursday, February 26, 2026, at 8:00 am ET to discuss the financial results.

CONFERENCE CALL DETAILS

Date: February 26, 2026 | Time: 8:00 am ET

Participant Dial-in: 1-844-763-8274 or 1-647-361-0247

Replay Dial-in: 1-855-669-9658

Conference ID: 10206496

Playback #: 4971487 (Expires on March 28, 2026)

Listen to webcast: https://www.gowebcasting.com/14603

A replay of the conference call and webcast will be available on LFL Group's investor website following the conclusion of the call.

About Leon's Furniture Limited

Leon's Furniture Limited is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon's; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick's Midnorthern Appliance banner alongside Leon's Appliance Canada banner, this makes the Company the country's largest commercial retailer of appliances to builders, developers, hotels and property management companies. The Company has 300 retail stores from coast to coast in Canada under various banners. The Company operates six websites:
leons.ca, thebrick.com, furniture.ca, midnorthern.com, transglobalservice.com and appliancecanada.com.

For further information, please contact:

SOURCE Leon's Furniture Limited

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282372

Source: Leon's Furniture Limited

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Alphabet's self-driving car unit Waymo on Monday said it raised a $16 billion funding round that values the company at $126 billion "post-money."

The new valuation is more than double from Waymo's last funding. That was a series C round of $5.6 billion at a $45 billion valuation, which closed in October 2024. Alphabet committed $5 billion in a multiyear investment to Waymo at the time.

"​​This milestone is built on a foundation of safety that is now statistically superior to human driving," Waymo co-CEOs Tekedra Mawakana and Dmitri Dolgov wrote in a blog post. "We are no longer proving a concept; we are scaling a commercial reality."

CNBC previously reported that the Google sister company was set to raise at least $15 billion at a valuation of $110 billion.

The latest funding round was led by Alphabet alongside previous backers, including Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global and T. Rowe Price. The new round includes additional investors such as Dragoneer Investment Group, DST Global, Sequoia Capital, Kleiner Perkins and Alphabet-owned investment firm GV.

Alphabet itself is the "majority investor," according to the blog.

The new capital will help the company move "with unprecedented velocity, while maintaining our industry-leading safety standards," Waymo said. "Our focus is now on global scale, bringing the safety and magic of the Waymo Driver to even more cities this year across the United States and international."

watch now

Martina Di Licosa is a reporter covering consumer businesses

Feb 02, 2026, 05:15pm EST

ToplinePalantir Technologies Inc. announced blockbuster revenue figures that beat Wall Street expectations in an earnings release issued Monday ahead of its Q4 2025 earnings call, with sales figures boosted by contracts with the U.S. government.

The Palantir Technologies logo (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

AFP via Getty Images

Key FactsOverall revenue for 2025 grew 70% year-over-year and 19% quarter-over-quarter to $1.4 billion, driven by growth in the U.S market.

U.S revenue figures were even stronger, with a 93% year-over-year and 22% quarter-over-quarter boost, with significant jumps in both commercial and government sectors.

Annual revenue for 2026 is expected to fall between $7.18 billion and $7.2 billion compared to an average analyst forecast of $6.27 billion.

The company also announced a 2026 revenue growth guide of 61% year-over-year.

Palantir (PLTR) shares jumped about 8% in extended trading after closing at $147.77

An earnings call is scheduled for 5 pm EST.

This is a developing story and will be updated.

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FORBES’ FEATURED Video

The blue Ford oval logo is displayed on the new Ford World Headquarters in Dearborn, Michigan, U.S. November 16, 2025. REUTERS/Rebecca Cook/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesFord to update on Novelis fallout during Feb 10 earningsNovelis September fire disrupted Ford's aluminum supply, affecting F-Series productionAnother fire, in November, further delayed Novelis's production recoveryDETROIT, Feb 2 (Reuters) - Production of aluminum at Ford Motor (F.N), opens new tab supplier Novelis still has not fully resumed more than four months after a devastating fire disrupted supply of the metal to Ford's lucrative pickup trucks, according to two people familiar with the matter.

Following a massive blaze in September at the New York facility, Ford cut its 2025 profit guidance and said it would lose the output of up to 100,000 F-Series pickup trucks through the end of 2025. The company estimated the cost would be up to $2 billion, and it planned to mitigate about half of that. Novelis said it expected to resume full production by the end of December.

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An additional fire in late November upset that timeline. Ford at the time said the November fire did not change its projections for its 2025 core profit. It is now unclear how the prolonged shutdown at the facility's hot mill might affect Ford's results for the fourth quarter or the first quarter.

A Ford spokesperson said the company would provide an update when it reports fourth-quarter earnings on February 10. A Novelis spokesperson pointed to the company's November statement, in which it said it "will continue to leverage alternate sources, including its global network of plants and industry peers, to mitigate impact."

The automaker is purchasing aluminum from other Novelis facilities, Ford executives have said.

Ford's F-Series line, which includes the F-150 and larger Super Duty truck, is by far the company's top seller and generates the bulk of its global profit, analysts estimate. While Novelis also supplies other automakers, Ford is a major customer because its trucks use a largely aluminum body.

The automaker said last year it would increase production of its F-150 and Super Duty trucks by more than 50,000 vehicles at plants in Michigan and Kentucky in 2026 to recoup some of the lost production from the Novelis fire. It has axed production of the F-150 Lightning electric truck, which also used aluminum from the supplier, as part of a $19.5 billion writedown on its EV programs.

Novelis said the projected costs of rebuilding damaged areas and equipment would total $255 million, in an application for financial assistance from Oswego County in New York.

Reporting by Nora Eckert in Detroit; Editing by Mike Colias and Matthew Lewis

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

Nora Eckert reports on the automotive industry from Detroit. She covers Ford, GM, Stellantis and the United Auto Workers, with a focus on the industry's transition to EVs. She was previously a reporter for The Wall Street Journal in Detroit, where she broke news on major automakers and the UAW. She was earlier part of a WSJ investigations team that was recognized as a finalist for the 2021 Pulitzer Prize. Nora began her career as an investigative reporter with the Rochester Post Bulletin in Minnesota, where she focused on the state's organ transplant system and prisons.

NORTH READING, Mass.--(BUSINESS WIRE)--Teradyne, Inc. (NASDAQ: TER):

Q4'25

Q4'24

Q3'25

FY 2025

FY 2024

Revenue (mil)

$

1,083

$

753

$

769

$

3,190

$

2,820

GAAP EPS

$

1.63

$

0.90

$

0.75

$

3.47

$

3.32

Non-GAAP EPS

$

1.80

$

0.95

$

0.85

$

3.96

$

3.22

Teradyne, Inc. (NASDAQ: TER) reported revenue of $1,083 million for the fourth quarter of 2025 of which $883 million was in Semiconductor Test, $110 million in Product Test, and $89 million in Robotics. GAAP net income for the fourth quarter of 2025 was $257.2 million or $1.63 per diluted share. On a non-GAAP basis, Teradyne’s net income in the fourth quarter of 2025 was $283.0 million, or $1.80 per diluted share, which excluded acquired intangible asset amortization, restructuring and other charges, pension mark-to-market adjustment, and included the related tax impact on non-GAAP adjustments.

“Our Q4 results were above the high end of our guidance range, fueled by AI-related demand in compute, networking and memory within our Semi Test business. Across all of our business groups – Semi Test, Product Test, and Robotics – we experienced sequential growth, and at the company level we achieved 13% growth in 2025,” said Teradyne CEO, Greg Smith. “In 2026, we expect year-over-year growth across all of our businesses, with strong momentum in compute driven by AI.”

Guidance for the first quarter of 2026 is revenue of $1,150 million to $1,250 million, with GAAP net income of $1.82 to $2.19 per diluted share and non-GAAP net income of $1.89 to $2.25 per diluted share. Non-GAAP guidance excludes acquired intangible asset amortization, amortization on our investment in Technoprobe, restructuring and other costs, as well as the related tax impact on non-GAAP adjustments.

Webcast

A conference call to discuss the fourth quarter results, along with management’s business outlook, will follow at 8:30 a.m. ET, Tuesday, February 03, 2026. Interested investors should access the webcast at www.teradyne.com and click on "Investors" at least five minutes before the call begins. Presentation materials will be available starting at 7:30 a.m. ET. A replay will be available on the Teradyne website at www.teradyne.com/investors.

Non-GAAP Results

In addition to disclosing results that are determined in accordance with GAAP, Teradyne also discloses non-GAAP results of operations that exclude certain income items and charges. These results are provided as a complement to results provided in accordance with GAAP. Non-GAAP income from operations and non-GAAP net income exclude acquired intangible assets amortization, restructuring and other, ERP related expenses, inventory step-up, pension mark-to-market adjustment, pension actuarial gains and losses, discrete income tax adjustments, and includes the related tax impact on non-GAAP adjustments. GAAP requires that these items be included in determining income from operations and net income. Non-GAAP income from operations, non-GAAP net income, non-GAAP income from operations as a percentage of revenue, non-GAAP net income as a percentage of revenue, and non-GAAP net income per share are non-GAAP performance measures presented to provide meaningful supplemental information regarding Teradyne’s baseline performance before gains, losses or other charges that may not be indicative of Teradyne’s current core business or future outlook. These non-GAAP performance measures are used to make operational decisions, to determine employee compensation, to forecast future operational results, and for comparison with Teradyne’s business plan, historical operating results and the operating results of Teradyne’s competitors. Non-GAAP diluted shares include the impact of Teradyne’s call option on its shares. Management believes each of these non-GAAP performance measures provides useful supplemental information for investors, allowing greater transparency to the information used by management in its operational decision making and in the review of Teradyne’s financial and operational performance, as well as facilitating meaningful comparisons of Teradyne’s results in the current period compared with those in prior and future periods. A reconciliation of each available GAAP to non-GAAP financial measure discussed in this press release is contained in the attached exhibits and on the Teradyne website at www.teradyne.com by clicking on “Investor Relations” and then selecting “Financials” and the “GAAP to Non-GAAP Reconciliation” link. The non-GAAP performance measures discussed in this press release may not be comparable to similarly titled measures used by other companies. The presentation of non-GAAP measures is not meant to be considered in isolation, as a substitute for, or superior to, financial measures or information provided in accordance with GAAP.

About Teradyne

Teradyne (NASDAQ:TER) designs, develops, and manufactures automated test equipment and advanced robotics systems. Its test solutions for semiconductors and electronics products enable Teradyne's customers to consistently deliver on their quality standards. Its advanced robotics business includes collaborative robots and mobile robots that support manufacturing and warehouse operations for companies of all sizes. For more information, visit teradyne.com. Teradyne® is a registered trademark of Teradyne, Inc., in the U.S. and other countries.

Safe Harbor Statement

This release contains forward-looking statements including statements regarding Teradyne’s future business prospects, financial performance or position and results of operations. You can identify forward-looking statements by their use of forward-looking words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “goal” or other comparable terms. Forward-looking statements in this press release address various matters, including statements regarding Teradyne’s financial guidance. Investors are cautioned that such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements due to known and unknown risks, uncertainties, assumptions, and other factors. Such factors include, but are not limited to, macroeconomic factors and slowdowns or downturns in economic conditions generally and in the markets in which Teradyne operates; decreased or delayed product demand from one or more significant customers; a slowdown or inability in the development, delivery and acceptance of new products; the ability to grow the Robotics business; the impact of increased research and development spending; the impact of epidemics or pandemics such as COVID-19; the impact of a supply shortage on our supply chain and contract manufacturers; the consummation and success of any mergers or acquisitions; unexpected cash needs; the business judgment of the board of directors that a declaration of a dividend or the repurchase of common stock is not in Teradyne’s best interests; changes to U.S. or global tax regulations or guidance; the impact of any tariffs or export controls imposed by the U.S. or China; the impact of U.S. Department of Commerce or other government agency regulations relating to Huawei, HiSilicon and other customers or potential customers; the impact of U.S. Department Commerce export control regulations for certain U.S. products and technology sold to military end users or for military end-use in China; the impact of the current conflicts in Israel; the impact of regulations published by the U.S. Department of Commerce relating to semiconductors and semiconductor manufacturing equipment destined for certain end uses in China.

The risks included above are not exhaustive. For a more detailed description of the risk factors associated with Teradyne, please refer to Teradyne’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Many of these factors are macroeconomic in nature and are, therefore, beyond Teradyne’s control. We caution readers not to place undue reliance on any forward-looking statements included in this press release which speak only as to the date of this press release. Teradyne specifically disclaims any obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

TERADYNE, INC. REPORT FOR FOURTH FISCAL QUARTER OF 2025

  CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

  Quarter Ended

Year Ended

December 31,
2025

September 28,
2025

December 31,
2024

December 31,
2025

December 31,
2024

Net revenues

$

1,083,337

$

769,210

$

752,884

$

3,190,024

$

2,819,880

Cost of revenues (exclusive of acquired intangible assets amortization shown separately below) (1)

463,647

319,904

305,597

1,332,679

1,170,953

Gross profit

619,690

449,306

447,287

1,857,345

1,648,927

Operating expenses:

Selling and administrative (2)

164,693

169,144

155,739

648,874

617,047

Engineering and development

143,265

124,760

128,387

504,596

460,876

Acquired intangible assets amortization

3,451

3,514

4,656

15,270

18,764

Restructuring and other (3)

15,081

6,585

4,554

38,554

15,571

Loss (gain) on sale of business (4)

—

—

367

—

(57,119

)

Operating expenses

326,490

304,003

293,703

1,207,294

1,055,139

Income from operations

293,200

145,303

153,584

650,051

593,788

Interest and other (income) expense (5)

3,625

(2,797

)

(4,213

)

(3,209

)

(15,298

)

Income before income taxes and equity in net earnings of affiliate

289,575

148,100

157,797

653,260

609,086

Income tax provision

29,151

23,344

5,408

79,299

59,503

Income before equity in net earnings of affiliate

260,424

124,756

152,389

573,961

549,583

Equity in net earnings of affiliate

(3,204

)

(5,198

)

(6,136

)

(19,914

)

(7,211

)

Net income

$

257,220

$

119,558

$

146,253

$

554,047

$

542,372

Net income per common share:

Basic

$

1.64

$

0.75

$

0.90

$

3.48

$

3.41

Diluted

$

1.63

$

0.75

$

0.90

$

3.47

$

3.32

Weighted average common shares - basic

156,412

158,595

162,478

159,119

159,083

Weighted average common shares - diluted (6)

157,651

159,097

163,184

159,719

163,314

Cash dividend declared per common share

$

0.12

$

0.12

$

0.12

$

0.48

$

0.48

Quarter Ended

Year Ended

December 31,
2025

September 28,
2025

December 31,
2024

December 31,
2025

December 31,
2024

Provision for excess and obsolete inventory

$

6,607

$

6,829

$

3,406

$

25,782

$

18,921

Inventory step-up

348

351

—

1,258

—

Legal settlement

—

—

—

—

3,600

Sale of previously written down inventory

(494

)

(1,726

)

(441

)

(3,649

)

(2,227

)

$

6,461

$

5,454

$

2,965

$

23,391

$

20,294

Quarter Ended

Year Ended

December 31,
2025

September 28,
2025

December 31,
2024

December 31,
2025

December 31,
2024

Employee severance (a)

$

10,851

$

4,786

$

378

$

29,351

$

5,234

Asset impairment

3,329

328

1,284

4,870

1,284

Acquisition and divestiture related expenses

602

173

—

2,250

2,214

Other

299

1,298

2,892

2,083

6,840

$

15,081

$

6,585

$

4,554

$

38,554

$

15,572

(a)

For the three months ended December 31, 2025 employee severance relates primarily to Robotics restructuring which impacted approximately 200 employees. For the year ended December 31, 2025, employee severance relates primarily to Robotics restructuring which impacted approximately 400 employees.

  (4)

On May 27, 2024, Teradyne sold Teradyne's Device Interface Solution ("DIS") business, a component of the Semiconductor Test segment, to Technoprobe S.p.A. ("Technoprobe"), for $85.0 million, net of cash and cash equivalents sold and a working capital adjustment.

  (5)

Interest and other includes:

Quarter Ended

Year Ended

December 31,
2025

September 28,
2025

December 31,
2024

December 31,
2025

December 31,
2024

Pension actuarial losses (gains)

$

1,338

$

—

$

(1,842

)

$

1,465

$

(4,355

)

Pension settlement loss (gain)

18

(800

)

—

(782

)

—

Loss (gain) on foreign exchange contract

—

—

—

(561

)

9,765

  CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands)

  December 31,
2025

December 31,
2024

Assets

Cash and cash equivalents

$

293,751

$

553,354

Marketable securities

28,247

46,312

Accounts receivable, net

773,567

471,426

Inventories, net

379,552

298,492

Prepayments

427,564

429,086

Other current assets

33,273

17,727

Total current assets

1,935,954

1,816,397

Property, plant and equipment, net

562,999

508,171

Operating lease right-of-use assets, net

76,635

70,185

Marketable securities

126,256

124,121

Deferred tax assets

275,265

222,438

Retirement plans assets

12,059

11,994

Equity method investment

537,098

494,494

Other assets

71,697

49,620

Acquired intangible assets, net

51,271

15,927

Goodwill

521,019

395,367

Total assets

$

4,170,253

$

3,708,714

Liabilities

Accounts payable

$

269,185

$

134,792

Accrued employees’ compensation and withholdings

254,973

204,991

Deferred revenue and customer advances

139,778

107,710

Other accrued liabilities

111,845

90,777

Operating lease liabilities

19,340

18,699

Short-term debt

200,000

—

Income taxes payable

106,740

67,610

Total current liabilities

1,101,861

624,579

Retirement plans liabilities

144,874

133,338

Long-term deferred revenue and customer advances

50,888

40,505

Deferred tax liabilities

5,378

1,038

Long-term other accrued liabilities

7,601

7,442

Long-term operating lease liabilities

63,899

57,922

Long-term income taxes payable

—

24,596

Total liabilities

1,374,501

889,420

Shareholders’ equity

2,795,752

2,819,294

Total liabilities and shareholders’ equity

$

4,170,253

$

3,708,714

  CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands)

  Quarter Ended

Twelve Months Ended

December 31,
2025

December 31,
2024

December 31,
2025

December 31,
2024

Cash flows from operating activities:

Net income

$

257,220

$

146,253

$

554,047

$

542,372

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

Depreciation

31,961

26,497

111,445

100,977

Stock-based compensation

16,437

14,855

63,999

60,122

Equity in net earnings of affiliate

3,204

6,136

19,914

7,211

Amortization

3,813

4,631

16,536

18,764

Provision for excess and obsolete inventory

6,607

3,406

25,782

18,922

Losses (gains) on investments

(698

)

(83

)

(5,420

)

10,056

Loss (gain) on sale of business

—

367

—

(57,119

)

Deferred taxes

(22,967

)

(20,099

)

(52,067

)

(46,360

)

Retirement plan actuarial losses (gains)

1,356

(1,842

)

683

(4,355

)

Other

8,661

2,751

12,005

(2,290

)

Changes in operating assets and liabilities, net of businesses acquired:

Accounts receivable

(180,468

)

12,607

(292,255

)

(52,659

)

Inventories

6,194

(2,420

)

(28,424

)

8,707

Prepayments and other assets

16,008

58,016

(6,591

)

119,454

Accounts payable and other liabilities

87,402

9,279

208,848

(54,386

)

Deferred revenue and customer advances

13,628

8,552

39,280

12,176

Retirement plans contributions

(1,497

)

(1,645

)

(8,483

)

(5,814

)

Income taxes

34,777

15,296

15,116

(3,602

)

Net cash provided by operating activities

281,638

282,557

674,415

672,176

Cash flows from investing activities:

Purchases of property, plant and equipment

(62,888

)

(57,385

)

(224,009

)

(198,095

)

Investments in businesses

—

(5,000

)

(25,519

)

(532,060

)

Purchases of marketable securities

(5,535

)

(10,700

)

(32,999

)

(45,796

)

Acquisition of businesses, net of cash and cash equivalents acquired

—

—

(144,380

)

—

Proceeds from the sale of a business, net of cash and cash equivalents sold

—

—

—

90,348

Proceeds from maturities of marketable securities

7,330

5,190

48,951

38,353

Proceeds from sales of marketable securities

167

436

9,339

24,035

Proceeds from life insurance

—

—

—

873

Net cash used for investing activities

(60,926

)

(67,459

)

(368,617

)

(622,342

)

Cash flows from financing activities:

Proceeds from borrowings on revolving credit facility

50,000

—

250,000

185,000

Payments of borrowings on revolving credit facility

(50,000

)

—

(50,000

)

(185,000

)

Dividend payments

(18,739

)

(19,487

)

(76,313

)

(76,423

)

Repurchase of common stock

(183,437

)

(143,521

)

(702,095

)

(198,574

)

Payments related to net settlement of employee stock compensation awards

(448

)

(267

)

(15,702

)

(14,100

)

Issuance of common stock under stock purchase and stock option plans

1,784

65

31,860

37,330

Net cash used for financing activities

(200,840

)

(163,210

)

(562,250

)

(251,767

)

Effects of exchange rate changes on cash and cash equivalents

1,179

(8,570

)

(3,151

)

(2,284

)

Increase (decrease) in cash and cash equivalents

21,051

43,318

(259,603

)

(204,217

)

Cash and cash equivalents at beginning of period

272,700

510,036

553,354

757,571

Cash and cash equivalents at end of period

$

293,751

$

553,354

$

293,751

$

553,354

GAAP to Non-GAAP Earnings Reconciliation
(In millions, except per share amounts)

Quarter Ended

December 31,
2025

% of Net Revenues

September 28,
2025

% of Net Revenues

December 31,
2024

% of Net Revenues

Net revenues

$

1,083.3

$

769.2

$

752.9

Gross profit - GAAP

619.7

57.2

%

449.3

58.4

%

447.3

59.4

%

Inventory step-up

0.3

0.0

%

0.4

0.1

%

—

—

Gross profit - non-GAAP

620.0

57.2

%

449.7

58.5

%

447.3

59.4

%

Income from operations - GAAP

293.2

27.1

%

145.3

18.9

%

153.6

20.4

%

Restructuring and other (1)

15.1

1.4

%

6.6

0.9

%

4.6

0.6

%

Acquired intangible assets amortization

3.5

0.3

%

3.5

0.5

%

4.7

0.6

%

ERP related expenses (2)

1.9

0.2

%

1.1

0.1

%

—

—

Inventory step-up

0.3

0.0

%

0.4

0.1

%

—

—

Loss (gain) on sale of business (3)

—

—

—

—

0.4

0.0

%

Income from operations - non-GAAP

$

314.0

29.0

%

$

156.9

20.4

%

$

163.2

21.7

%

Net Income
per Common Share

Net Income
per Common Share

Net Income
per Common Share

December 31,
2025

% of Net Revenues

Basic

Diluted

September 28,
2025

% of Net Revenues

Basic

Diluted

December 31,
2024

% of Net Revenues

Basic

Diluted

Net income - GAAP

$

257.2

23.7

%

$

1.64

$

1.63

$

119.6

15.5

%

$

0.75

$

0.75

$

146.3

19.4

%

$

0.90

$

0.90

Restructuring and other (1)

15.1

1.4

%

0.10

0.10

6.6

0.9

%

0.04

0.04

4.6

0.6

%

0.03

0.03

Amortization of equity method investment

7.6

0.7

%

0.05

0.05

7.7

1.0

%

0.05

0.05

8.0

1.1

%

0.05

0.05

Acquired intangible assets amortization

3.5

0.3

%

0.02

0.02

3.5

0.5

%

0.02

0.02

4.7

0.6

%

0.03

0.03

ERP related expenses (2)

1.9

0.2

%

0.01

0.01

1.1

0.1

%

0.01

0.01

—

—

—

—

Pension mark-to-market adjustment (4)

1.3

0.1

%

0.01

0.01

—

—

—

—

(1.8

)

-0.2

%

(0.01

)

(0.01

)

Inventory step-up

0.3

0.0

%

0.00

0.00

0.4

0.1

%

0.00

0.00

—

—

—

—

Pension settlement loss (gain)

0.1

0.0

%

0.00

0.00

(0.8

)

-0.1

%

(0.01

)

(0.01

)

—

—

—

—

Loss (gain) on sale of business (3)

—

—

—

—

—

—

—

—

0.4

0.1

%

0.00

0.00

Exclude discrete tax adjustments

0.4

0.0

%

0.00

0.00

(0.6

)

-0.1

%

(0.00

)

(0.00

)

(8.0

)

-1.1

%

(0.05

)

(0.05

)

Non-GAAP tax adjustments

(4.3

)

-0.4

%

(0.03

)

(0.03

)

(1.6

)

-0.2

%

(0.01

)

(0.01

)

0.9

0.1

%

0.01

0.01

Net income - non-GAAP

$

283.0

26.1

%

1.81

1.80

$

135.9

17.7

%

$

0.86

$

0.85

$

155.0

20.6

%

$

0.95

$

0.95

GAAP and non-GAAP weighted average common shares - basic

156.4

158.6

162.5

GAAP and non-GAAP weighted average common shares - diluted

157.7

159.1

163.2

Quarter Ended

December 31,
2025

September 28,
2025

December 31,
2024

Employee severance

$

10.9

$

4.8

$

0.4

Asset impairment

3.3

0.3

1.3

Acquisition and divestiture related expenses

0.6

0.2

—

Other

0.3

1.3

2.9

$

15.1

$

6.6

$

4.6

(a)

For the quarter ended December 31, 2025, employee severance relates primarily to Robotics restructuring which impacted approximately 200 employees.

  (2)

For the quarters ended December 31, 2025, and September 28, 2025, selling and administrative expenses included costs directly related to a planned ERP system implementation.

  (3)

On May 27, 2024, Teradyne sold DIS, a component of the Semiconductor Test segment, to Technoprobe, for $85.0 million, net of cash and cash equivalents sold and a working capital adjustment.

  (4)

For the quarters ended December 31, 2025, and December 31, 2024, adjustments to exclude actuarial gains and losses, respectively, recognized under GAAP in accordance with Teradyne’s mark-to-market pension accounting.

Twelve Months Ended

December 31,
2025

% of Net Revenues

December 31,
2024

% of Net Revenues

Net Revenues

$

3,190.0

$

2,819.9

Gross profit - GAAP

1,857.3

58.2

%

1,648.9

58.5

%

Inventory step-up

1.3

0.0

%

—

—

Legal settlement (1)

—

—

3.6

0.1

%

Gross profit - non-GAAP

1,858.6

58.3

%

1,652.5

58.6

%

Income from operations - GAAP

650.1

20.4

%

593.8

21.1

%

Restructuring and other (2)

38.6

1.2

%

15.6

0.6

%

Acquired intangible assets amortization

15.3

0.5

%

18.8

0.7

%

ERP related expenses (3)

4.8

0.2

%

—

—

Inventory step-up

1.3

0.0

%

—

—

Legal settlement (1)

—

—

3.6

0.1

%

Equity modification charge (4)

—

—

1.7

0.1

%

Loss (gain) on sale of business (5)

—

—

(57.1

)

-2.0

%

Income from operations - non-GAAP

$

710.1

22.3

%

$

576.3

20.4

%

Net Income
per Common Share

Net Income
per Common Share

December 31,
2025

% of Net Revenues

Basic

Diluted

December 31,
2024

% of Net Revenues

Basic

Diluted

Net income - GAAP

$

554.0

17.4

%

$

3.48

$

3.47

$

542.4

19.2

%

$

3.39

$

3.32

Restructuring and other (2)

38.6

1.2

%

0.24

0.24

15.6

0.6

%

0.10

0.10

Amortization of equity method investment

30.1

0.9

%

0.19

0.19

10.4

0.4

%

0.07

0.06

Acquired intangible assets amortization

15.3

0.5

%

0.10

0.10

18.8

0.7

%

0.12

0.11

ERP related expenses (3)

4.8

0.2

%

0.03

0.03

—

—

—

—

Pension mark-to-market adjustment (6)

1.5

0.0

%

0.01

0.01

(4.4

)

-0.2

%

(0.03

)

(0.03

)

Inventory step-up

1.3

0.0

%

0.01

0.01

—

—

—

—

Loss (gain) on foreign exchange contract

(0.6

)

0.0

%

(0.00

)

(0.00

)

9.8

0.3

%

0.06

0.06

Pension settlement loss (gain)

(0.8

)

0.0

%

(0.01

)

(0.01

)

—

—

—

—

Legal settlement (1)

—

—

—

—

3.6

0.1

%

0.02

0.02

Equity modification charge (4)

—

—

—

—

1.7

0.1

%

0.01

0.01

Loss (gain) on sale of business (5)

—

—

—

—

(57.1

)

-2.0

%

(0.36

)

(0.35

)

Exclude discrete tax adjustments

0.5

0.0

%

0.00

0.00

(8.7

)

-0.3

%

(0.05

)

(0.05

)

Non-GAAP tax adjustments

(12.6

)

-0.4

%

(0.08

)

(0.08

)

(6.9

)

-0.2

%

(0.04

)

(0.04

)

Net income - non-GAAP

$

632.1

19.8

%

$

3.97

$

3.96

$

525.1

18.6

%

$

3.29

$

3.22

GAAP and non-GAAP weighted average common shares - basic

159.1

159.8

GAAP and non-GAAP weighted average common shares - diluted (7)

159.7

163.3

Twelve Months Ended

December 31,
2025

December 31,
2024

Employee severance (a)

$

29.4

$

5.2

Asset impairment

4.9

1.3

Acquisition and divestiture related expenses

2.3

2.2

Other

2.1

6.8

$

38.6

$

15.6

(3)

For the twelve months ended December 31, 2025, selling and administrative expenses included costs directly related to a planned ERP system implementation.

  (4)

For the twelve months ended December 31, 2024, selling and administrative expenses included an equity charge of $1.7 million for the modification of Teradyne’s executives' retirement agreements.

  (5)

On May 27, 2024, Teradyne sold DIS, a component of the Semiconductor Test segment, to Technoprobe, for $85.0 million, net of cash and cash equivalents sold and a working capital adjustment.

  (6)

For twelve months ended December 31, 2025, and December 31, 2024, adjustments to exclude actuarial gains and losses, respectively, recognized under GAAP in accordance with Teradyne’s mark-to-market pension accounting.

  (7)

For the twelve months ended December 31, 2024, non-GAAP weighted average diluted common shares included 3.6 million shares from the convertible note hedge transaction.

GAAP to Non-GAAP Reconciliation of First Quarter 2026 guidance:

GAAP and non-GAAP first quarter revenue guidance:

$1,150 million

to

$1,250 million

GAAP net income per diluted share

$

1.82

$

2.19

Exclude acquired intangible assets amortization

0.03

0.03

Exclude equity method investment amortization

0.04

0.04

Non-GAAP tax adjustments

(0.01

)

(0.01

)

Non-GAAP net income per diluted share

$

1.89

$

2.25

For press releases and other information of interest to investors, please visit Teradyne’s homepage at http://www.teradyne.com.

SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced it will release its financial results for the fourth quarter of fiscal year 2026, which ended January 31, 2026, after the U.S. market closes on Thursday, March 5, 2026. Samsara will host a live webcast that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.

Event: Samsara's Fourth Quarter and Fiscal Year 2026 Financial Results
Date: Thursday, March 5, 2026
Time: 2:00 p.m. Pacific time (5:00 p.m. Eastern time)
Webcast: Registration

A webcast replay will be accessible from the Samsara investor relations website at investors.samsara.com. The press release will be available on the Samsara investor relations website prior to the commencement of the event.

About Samsara

Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.

MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE:ESI) ("Element Solutions," “ESI” or the “Company”), a global and diversified specialty chemical technology company, announced today that it has completed its previously announced acquisition of Micromax. Chief Executive Officer Benjamin Gliklich said, “We are excited to welcome Micromax and its outstanding team to Element Solutions. While we are coming off a record year, Micromax is also inflecting positively with high-single digit organic rev.

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the leading AI and AR beauty and fashion technology provider and developer of ‘Beautiful AI' solutions, today announced its Valentine's Day 2026 activations, rolling out an exciting collection of romantic, playful, and highly shareable experiences across its consumer apps, including YouCam Makeup, YouCam Perfect, YouCam Video, and YouCam AI Pro. This Valentine's Day, YouCam is delivering more than 70 themed activations, blending Generative.

MCLEAN, VA / ACCESS Newswire / February 2, 2026 / Gladstone Alternative Income Fund ("Gladstone Alternative" or the "Fund") announced today that its board of trustees declared monthly cash distributions to shareholders for the month of February. The February distribution amount is $0.001966 per calendar day for each issued and outstanding Class A share, Class C share, and Class I share for the period beginning February 1, 2026 and ending February 28, 2026 (for shareholders who own shares all 28 days in February, the distribution will total $0.055 per share). The distributions will be paid on February 27, 2026 for Dividend Reinvestment Plan ("DRIP") participants and March 2, 2026 for non-DRIP participants.

John Sateri, President of Gladstone Alternative, noted, "We are pleased to announce the twelfth consecutive monthly dividend for Gladstone Alternative, continuing our commitment to delivering consistent income to our investors. We look forward to continuing to create long-term value in the months and years ahead by generating sustainable returns for our shareholders while providing them access to a diversified portfolio of private credit and equity investments."

About Gladstone Alternative Income Fund

Gladstone Alternative Income Fund is a non-diversified, unlisted, closed-end management investment company registered under the Investment Company Act of 1940 and is operating as an interval fund. The Fund seeks to achieve and grow current income by investing primarily in directly originated loans to lower and middle market private businesses in the United States, broadly syndicated loans and commercial real estate loans.

Investors are advised to carefully consider the investment objectives, risks and charges, and expenses of Gladstone Alternative Income Fund before investing. The prospectus, dated July 29, 2025, which has been filed with the U.S. Securities and Exchange Commission, and as supplemented from time to time, contains this and other information about the Fund and should be read carefully before investing. You may get these documents for free by visiting the Fund's website at www.gladstoneintervalfund.com or by visiting EDGAR on the SEC's website at www.sec.gov. To obtain a copy of the prospectus, you may also contact Gladstone Securities, LLC, the dealer manager and distributor for this offering, which will arrange to send you the prospectus if you request it by calling toll-free at (833) 849-5993.

For further information, please visit our website at www.gladstoneintervalfund.com.

SOURCE: Gladstone Alternative Income Fund

-

Three Acquisitions Add Over $22 Million of Annual Revenue

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced three recent acquisitions, Thermo-Tech Mechanical Insulation, Inc. (“Thermo-Tech”), Biomax Spray Foam Insulation, LLC (“Biomax”), and CKV Finished Products LLC (“CKV”). Together, these acquisitions continue to expand IBP’s national footprint with well-run businesses across the U.S. and further diversify its revenue and cash flows in attractive building product categories.

Thermo-Tech was acquired on February 2, 2026, with annual revenue of approximately $13 million.

Headquartered in Watertown, Wisconsin, Thermo-Tech provides a wide range of value-added mechanical insulation services for diverse commercial and industrial applications, including HVAC piping, plumbing, and process system installations. Thermo-Tech specializes in new construction installations serving key commercial and industrial hubs across Wisconsin, Iowa, Minnesota, Michigan, and Illinois. Biomax was acquired on January 19, 2026, with annual revenue of approximately $5 million.

Biomax is based in Tyler, Texas and expertly installs spray foam and fiberglass insulation. Biomax primarily serves new residential and commercial end markets throughout Texas, Louisiana, Arkansas, and Oklahoma. CKV was acquired on December 11, 2025, with annual revenue of approximately $4 million.

Based in Indianapolis, Indiana, CKV installs multiple complementary building products including shower doors, shelving, mirrors, bath accessories, and locksets. CKV predominately serves new residential end markets throughout Indiana, Kentucky, and Ohio. “Thermo-Tech, Biomax, and CKV add over $22 million of annual revenue to IBP while expanding our insulation installation services throughout several compelling residential housing and commercial and industrial markets,” stated Jeff Edwards, Chairman and Chief Executive Officer. “Acquisitions remain a key component of our growth strategy, and we continue to focus on expansion across multiple geographies, products, and end markets. On behalf of everyone at Installed Building Products, I want to welcome Thermo-Tech, Biomax, and CKV onto our team.”

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, including with respect to the housing market and the commercial market, our operations, industry and economic conditions, our financial and business model, the demand for our services and product offerings, expansion of our national footprint and end markets, diversification of our products, our ability to grow and strengthen our market position, our ability to pursue and integrate value-enhancing acquisitions, our ability to improve sales and profitability, and expectations for demand for our services and our earnings. Forward-looking statements may generally be identified by the use of words such as "anticipate," "believe," "expect," "intends," "plan," and "will" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Any forward-looking statements that we make herein and in any future reports and statements are not guarantees of future performance, and actual results may differ materially from those expressed in or suggested by such forward-looking statements as a result of various factors, including, without limitation, general economic and industry conditions; increases in mortgage interest rates and rising home prices; inflation and interest rates; the material price and supply environment; increased tariffs; the timing of increases in our selling prices; and the factors discussed in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as the same may be updated from time to time in our subsequent filings with the Securities and Exchange Commission. Any forward-looking statement made by the Company in this press release speaks only as of the date hereof. New risks and uncertainties arise from time to time, and it is impossible for the Company to predict these events or how they may affect it. The Company has no obligation, and does not intend, to update any forward-looking statements after the date hereof, except as required by federal securities laws.

About Installed Building Products

Installed Building Products, Inc. is one of the nation's largest new residential insulation installers and is a diversified installer of complementary building products, including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental United States. The Company manages all aspects of the installation process for its customers, from direct purchase and receipt of materials from national manufacturers to its timely supply of materials to job sites and quality installation. The Company offers its portfolio of services for new and existing single-family and multi-family residential and commercial building projects in all 48 continental states and the District of Columbia from its national network of over 250 branch locations.

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