Industries — page 5
Charter Posts $6.3 Billion Franchise Impairment After Cox Close
Pro forma revenue was $16.5 billion, down 1.5%, as the company booked a $6.3 billion franchise impairment and launched a $2 billion savings plan.
Franklin Templeton Turns to $84.1 Billion of Inflows
Preliminary net income was $380.1 million, or $0.72 a share, for the quarter ended September 30, 2026, as long-term net inflows of $20.8 billion lifted AUM to $1.8 trillion.
Anika Lifts 2026 EBITDA Floor After OEM Mix Shift
Third-quarter revenue was $30.6 million, up 10% year over year, as Commercial Channel sales reached $14.0 million.
AirSculpt Cuts 2026 Outlook After Same-Center Case Drop
Third-quarter revenue was $31.9 million and Adjusted EBITDA was $0.4 million as the company lowered full-year revenue guidance to about $144 million to $146 million.
Ares CRE Posts $10 Million Profit After Office REO Sale
GAAP net income was $10.0 million, or $0.18 a share, after a $7.1 million gain on the North Carolina office property.
Protara Completes $8.75 Million Novex Asset Purchase
Protara bought Novex’s manufacturing-related assets to bring TARA-002 production in-house ahead of a potential commercial launch.
Sylvamo to Sell Europe Business to Midas Atlantic Partners
The paper company said the carve-out would leave it more focused and better able to invest in remaining mills.
Bernhard Capital Partners Completes $1 Billion Bowman Buyout
The infrastructure-focused private equity firm closed the all-cash acquisition at $43.00 a share, a 58% premium to Bowman’s unaffected close, and the engineering firm became privately held.
Axon to Invest $1.2 Billion in Skydio
The public-safety technology company is taking a major stake in the drone maker and becoming its exclusive U.S. and Canada public-safety distributor.
AST SpaceMobile to License Firefly Engines for Own Blacklift Rocket
The satellite operator will custom-build a 20-ton Blacklift rocket using Firefly’s Miranda and Vira engines, with first launches planned for late 2028.
Andersons to Buy Harvestone Low Carbon in $915 Million Deal
The agribusiness and renewables company said the purchase adds about 215 million gallons of ethanol capacity and lifts its Renewables platform by more than 40%.
Xponential Fitness Cuts 2026 Studio Opening Guidance
Third-quarter revenue was $62.3 million as the franchisor narrowed adjusted EBITDA and lowered its net new studio outlook.
Weight Watchers Narrows 2026 Outlook After Clinical Mix Shift
Clinical Subscription Revenue reached $38.0 million, 25% of the quarter's $152.9 million in sales, as Adjusted EBITDA rose 21% to $51.7 million.
Voyager Expects VY1706 Dosing in the Next Few Months
Cash, cash equivalents and marketable securities were $132.1 million at September 30, 2026, with a runway the company restated as into the second quarter of 2028.
Wheels Up Third-Quarter Revenue Falls 11% to $164.8 Million
Third-quarter 2026 Private Jet Flight revenue was $143.9 million as premium Phenom and Challenger fleet revenue rose 120% and Adjusted Contribution Margin reached 16.4%.
TSS Lifts 2026 Adjusted EBITDA Outlook After Record Integration
Third-quarter revenue reached $50.1 million as Systems Integration hit a record $16.1 million, and the company raised its 2026 Adjusted EBITDA outlook to $21 million to $23 million.
Targa Raises 2026 Adjusted EBITDA Floor to $6.0 Billion
Third-quarter adjusted EBITDA was $1,504 million, 18% above a year earlier, as the company lifted its full-year floor and 2027 dividend outlook.
Entrada Extends Cash Runway Into Fourth Quarter of 2027
Cash, cash equivalents and marketable securities were $193.0 million as of September 30, 2026, and the company said that balance is expected to fund operations into the fourth quarter of 2027.
Tapestry Raises Fiscal 2027 Sales and Earnings Outlook
First-quarter net sales were $1.89 billion, up 11% as reported and 12% pro forma, and the company lifted full-year EPS guidance to $8.25 to $8.35.
TCPC Posts $66.8 Million Third-Quarter Operating Loss
Third-quarter net investment income of $0.16 a share missed the $0.17 dividend as a $63.7 million Continuation Vehicle loss drove a $66.8 million operating loss.
Turtle Beach Restores Year-Over-Year Growth
Third-quarter net revenue reached $84.7 million, up 5.3% from a year earlier, as the gaming accessories maker reaffirmed full-year 2026 guidance.
Starling Oncology Narrows 2026 Adjusted EBITDA Range
Third-quarter Adjusted EBITDA was $3.4 million, above the $0.50 million to $1.5 million outlook, and full-year Adjusted EBITDA guidance moved to $4 million to $6 million.
Shutterstock Revenue Decline Widens After Data Collapse
Third-quarter revenue fell 33% to $173.9 million as Data, Distribution, and Services collapsed 76% to $15.8 million.
Selective Raises 2026 Investment Income Outlook
After-tax net investment income reached $127.3 million in the third quarter, and the company lifted its full-year target to $490 million from $480 million.
Seaport Narrows Third-Quarter Loss as Revenue Falls
The entertainment and hospitality company posted a $0.65 a share loss and $32.7 million of revenue in the three months ended Sept. 30, 2026.
Rezolute Completes upLIFT Enrollment, Targets Mid-December Data
Cash, cash equivalents and investments in marketable securities were $90.0 million as of September 30, 2026.
Runway Growth Cuts Originations After SWK Close
Net investment income was $15.9 million, or $0.38 a share, as funded originations fell to $8.5 million and the portfolio shrank to $1.1 billion.
Cartesian Narrows Loss as AURORA Readout Holds 2027 Date
Net loss was $11.5 million, or $0.38 a share, in the three months ended September 30, 2026, as cash of $124.7 million is still expected to fund operations into 2028.
BRC Group Posts $243 Million Loss on Babcock & Wilcox
Third-quarter revenue was $33.0 million as $128.3 million of investment losses offset $161.3 million of operating revenue, and the company booked a $243.0 million net loss, or $6.04 a share, after $226.7 million of pre-tax Babcock & Wilcox losses.
AVITA Medical Raises 2026 Guidance After Revenue Growth Accelerates
Third-quarter revenue reached $26.1 million, up 53% from a year earlier, and the company lifted full-year guidance to $92 million to $94 million.
Quantum-Si Finishes Most of 20% Workforce Cut, Lowers 2026 Costs
Third-quarter revenue was $212,000 as the company cut 2026 adjusted operating-expense guidance to $87.0 million or less and kept Proteus on track for a second-quarter 2027 launch.
Pyxis Oncology Says Cash Will Fund Operations Into First Half of 2028
The company closed a $110.0 million October offering and said combined cash will fund operations into the first half of 2028.
Portillo's Reverses Same-Store Sales Decline, Lifts Ebitda Outlook
Same-restaurant sales rose 1.4% in the third quarter after a 1.2% drop, and the company raised full-year Adjusted EBITDA guidance to $98 million to $101 million.
Insulet Approves $1 Billion Buyback Program, Raises Full-Year Outlook
Third-quarter revenue was $842.0 million, up 19.2%, or 19.6% in constant currency, slightly above the high end of the company’s constant-currency guidance range.
Perma-Fix Third-Quarter Revenue Rebounds as Net Loss Narrows Sequentially
Third-quarter revenue was $17.9 million, up 39% from the second quarter, as treatment backlog reached $19.6 million and Services turned to operating income.
Pangaea Posts Record Adjusted EBITDA as Arctic Season Peaks
Adjusted EBITDA reached $52.4 million in the third quarter, with TCE rates at $20,414 a day and a 13% premium to benchmark indices.
Organogenesis Sets 2026 Revenue at $179.4 Million to $200.0 Million
Third-quarter net product revenue was $45.5 million, down 70% from a year earlier, as the company now expects a 65% to 68% full-year decline.
Onity Restores Profit After Second-Quarter Loss
Adjusted pre-tax income reached $30 million and annualized adjusted ROE 19% as servicing more than offset weaker originations.
Neighborhood Intelligence’s Third-Quarter Revenue Rises 98% on Acquisitions
Third-quarter revenue reached $509 million as core e-commerce rose about 9% and Overstock.com sales increased 75%.
Nu Skin Cuts 2026 Outlook After Third-Quarter Loss
Revenue was $311.0 million, down 14.6%, and the company now sees full-year sales of $1.26 billion to $1.29 billion.
NexPoint Real Estate Finance Swings to a Third-Quarter Loss
Cash available for distribution was $14.0 million, or $0.60 a share, as the company guided fourth-quarter CAD of $0.555 a share at the midpoint.
NLI Swings to Profit as Kronos Sales Growth Accelerates
Net income attributable to stockholders was $12.7 million, or $.26 a share, after a $7.8 million loss a year earlier.
Nkarta Narrows Loss After Second-Quarter Lease Impairment
The biotech posted a $33.3 million net loss, or $0.45 a share, as it scheduled NKX019 data for ACR Convergence 2026.
Marzetti Cyclospora Outbreak Cuts First-Quarter Profit
Diluted earnings fell to $1.07 a share as the outbreak trimmed both segments and gross profit dropped to $110.8 million.
MBIA Swings to Third-Quarter Adjusted Loss on National's PREPA Charges
The guarantor posted a $3 million adjusted net loss, or $(0.06) a diluted share, for the third quarter of 2026, as National's Puerto Rico Electric Power Authority exposure flipped losses and LAE to an expense.
Lifetime Brands Cuts 2026 Operating Income Outlook
Third-quarter net sales were $177.7 million as the company lowered full-year income-from-operations guidance to $42.5 million–$45 million.
Kingsway Posts First Organic Growth Metrics After Earnings Drop
Consolidated adjusted EBITDA was $2.0 million in the third quarter, down from $5.2 million in the second quarter, as Kingsway disclosed organic segment growth for the first time.
Korsana Completes Cyclerion Merger and $380 Million Raise
Cash and cash equivalents were about $456.2 million at September 30, 2026, which the company said should fund operations into 2029.
Korro Starts First-In-Human Dosing of KRRO-121
The company said cash of $124.8 million as of September 30, 2026 will fund operations into the second half of 2028.
Keros Posts Profit After Takeda License Revenue
The company reported $40.0 million of license revenue and $14.2 million of net income for the quarter ended September 30, 2026.