Core Viewpoint - Ark Restaurants Corp. reported a decline in revenues and net income for the first quarter of fiscal 2026, with challenges stemming from various operational issues and external factors impacting performance [2][4][11]. Financial Performance - Total revenues for the first quarter were $40.7 million, down 9.4% from $44.9 million in the prior-year period, with a comparable decrease of about 7.4% when excluding closed operations [2]. - Net income fell sharply to $0.9 million, or $0.25 per diluted share, representing a 71.7% decline in net income and a 71.6% drop in earnings per share compared to the previous year [4]. - Operating income decreased by 80.8% to $1.1 million from $5.7 million a year earlier [4]. Operational Metrics - Company-wide same-store sales, excluding Tampa, decreased by 7.3% year over year, primarily due to lower revenues at key locations [3]. - Food and beverage costs declined by 11.9% to $10.7 million, while payroll expenses decreased by 13.4% to $14.2 million, indicating effective cost control measures [5]. - Adjusted EBITDA rose by 10.9% to $1.5 million, reflecting the absence of one-time items that had previously inflated the prior-year results [4]. Management Insights - Management described the quarter as "quiet" compared to previous periods, with a focus on operational efficiencies and cost controls [7]. - Strong performance was noted in Las Vegas, particularly at the New York-New York Hotel & Casino, despite lower overall traffic on the Las Vegas Strip [7]. - Challenges were reported in Florida, with revenues down 10% to 13% at full-service locations due to demand and weather disruptions [8]. Strategic Outlook - While no formal financial guidance was provided, management indicated expectations for improved cash flow as renovation spending at the America property decreases [13]. - The company is pursuing opportunities related to its investment in New Meadowlands Racetrack LLC, with potential long-term growth avenues contingent on a New Jersey referendum on casino gambling [13][15]. - Ongoing legal proceedings concerning leases at Bryant Park could have a material adverse effect if the company loses these locations [14].

Core Insights - Alamos Gold (AGI) is set to report its fourth-quarter 2025 results on February 18, with earnings estimates indicating a 96% growth year-over-year to 49 cents per share, despite a 12.50% downward revision in estimates over the past 60 days [1][4]. Earnings Performance - In the last four quarters, Alamos Gold's earnings have matched the Zacks Consensus Estimate once, exceeded it twice, and fell short once, resulting in an average negative earnings surprise of 1.06% [2][3]. - The Earnings ESP for AGI is currently 0.00%, and the company holds a Zacks Rank of 3 (Hold), indicating that the model does not predict a definitive earnings beat this time [5]. Production and Revenue - Alamos Gold reported total production of 141,500 ounces in Q4 2025, reflecting a 1% increase year-over-year, with higher output from the Island Gold District (up 8%) and the Mulatos District (up 3%), although the Young-Davidson mine saw a 9% decline [6][8]. - The company achieved record quarterly revenues of $568 million, driven by higher gold prices and stronger sales volumes, with an average realized price of $3,997 per ounce [4][8]. - In the same quarter last year, Alamos Gold sold 141,258 ounces of gold at a realized price of $2,632 per ounce, resulting in revenues of $375.8 million [9]. Market Performance - Alamos Gold's shares have appreciated by 102.9% over the past year, compared to the industry's growth of 143.8% [10].

Core Viewpoint - Friedman Industries, Incorporated (FRD) reported significant improvements in earnings and sales for the third quarter of fiscal 2026, driven by higher average selling prices and the acquisition of Century Metals & Supplies, despite a slight decline in stock price following the earnings report [1][2][7]. Financial Performance - For the third quarter ended Dec. 31, 2025, FRD reported net earnings of $3 million, or $0.43 per diluted share, compared to a net loss of $1.2 million, or $0.17 per diluted share, in the same quarter last year [2]. - Net sales surged 78.6% year over year to $167.9 million from $94.1 million, with sales volume increasing by 36% [2]. - Earnings from operations improved to $3.9 million from a loss of $1.2 million a year earlier [2]. Segment Performance - Flat-roll sales increased 77.6% to $153 million from $86.1 million, with average selling prices climbing 24.9% to $1,016 per ton from $813 per ton [3]. - Tubular segment sales jumped 88.4% to $14.9 million from $7.9 million, with tons sold increasing from 8,000 to 12,500 and average selling prices rising 18.6% to $1,201 per ton from $1,013 per ton [4]. Year-to-Date Metrics - For the first nine months of fiscal 2026, net sales increased 44.3% to $455.1 million from $315.4 million in the prior-year period, while net earnings rose to $10.3 million from $0.7 million [5]. - A gain of $1.4 million on economic hedges was recognized in the fiscal third quarter, compared to $0.3 million in the year-ago quarter [5]. Balance Sheet and Acquisition Impact - Total assets increased to $311.9 million as of Dec. 31, 2025, from $226.8 million as of March 31, 2025, while total liabilities rose to $169.6 million from $94.4 million [6]. - The acquisition of Century Metals & Supplies for approximately $52.7 million expanded FRD's presence in the southeastern United States and Latin America, broadening its product offerings [11]. Management Insights - The CEO attributed the quarter's performance to improved capacity utilization, disciplined commercial execution, and the Century acquisition, with a focus on margin gains and commodity price risk management [7]. - Management expressed confidence in FRD's ability to capitalize on near-term opportunities and long-term industry demand [7]. Future Outlook - Management expects fourth-quarter fiscal 2026 sales volumes to remain consistent with third-quarter levels and anticipates sequential improvement in sales margins due to higher average selling prices [9].

Core Insights - Teradyne (TER) shares have surged 87.9% in the last three months, outperforming the Zacks Computer & Technology sector's decline of 0.1% and the Zacks Electronics - Miscellaneous Products increase of 21% [1] - The company has significantly benefited from strong AI-related demand, which has driven substantial investments in cloud AI infrastructure [3][7] Stock Performance - Teradyne's stock has outperformed its closest peers, including Advantest Corporation, Cohu, and KLA Corporation, which saw share increases of 43.4%, 43.1%, and 29.1% respectively in the same period [2] - The company's Q4 2025 Semiconductor Test revenues reached $883 million, accounting for approximately 81.5% of total sales, reflecting a 45% year-over-year growth and a 46% sequential increase [4][9] Revenue Growth - AI-driven applications accounted for over 60% of Teradyne's revenue in Q4 2025, up from 40%-50% in Q3 2025, with projections indicating that AI applications could drive up to 70% of revenues in Q1 2026 [7] - For Q1 2026, Teradyne expects revenues between $1.15 billion and $1.25 billion, indicating a potential 75.28% year-over-year increase [14] Robotics and Acquisitions - The Robotics Group has seen a 19% quarter-over-quarter revenue increase in Q4 2025, largely due to a major e-commerce customer [12] - The integration of Quantifi Photonics into Teradyne's Product Test Group has enhanced its capabilities in silicon photonics device testing, aligning with the demand for AI data center infrastructure [10] Valuation and Guidance - Teradyne's shares are currently trading at a premium, with a forward 12-month Price/Sales ratio of 11.78X compared to the industry average of 8.33X [16] - Non-GAAP earnings for Q1 2026 are expected to be between $1.89 and $2.25 per share, with a consensus estimate of $1.94 per share, reflecting a 158.67% year-over-year growth [15]

Core Insights - Snowflake (SNOW) shares are considered overvalued with a Value Score of F, trading at a forward Price/Sales (P/S) ratio of 10.80X compared to the industry average of 3.90X [1] - The company has experienced an 8% decline in share price over the last six months, underperforming the Zacks Computer and Technology sector, which appreciated by 7.8% [3] - Despite the decline, Snowflake has outperformed the Zacks Internet Software industry, which saw a 22.4% decline in the same period, driven by strong customer growth and platform adoption [4] Valuation - SNOW's forward P/S ratio of 10.80X is higher than competitors like Amazon (2.61X) and Oracle (10.37X) [1][7] - The company reported a 20% year-over-year growth in customer numbers, reaching 12,621 in Q3 FY26, with 688 customers generating over $1 million in trailing 12-month product revenues, a 29% increase year-over-year [8][7] Performance - Snowflake's net revenue retention rate was 125% in Q3 FY26, indicating strong customer loyalty and usage of its platform [4][7] - The company anticipates product revenue growth of 27%-28% for Q4 and FY26, despite facing macroeconomic challenges [7] AI and Product Development - Snowflake is benefiting from its role in the enterprise AI revolution, with over 7,300 customers using its AI and ML technology weekly [9] - AI influenced 50% of bookings in Q3 FY26, and the company achieved a $100 million AI revenue run rate earlier than expected [10] - Recent product enhancements include new AI capabilities and an AI-powered Business Intelligence Agent for United Rentals [11][12] Partnerships - Snowflake has expanded its partnership with Alphabet's Google Cloud to enhance product integration and market strategy, allowing for secure generative AI applications [13][14] Guidance - For Q4 FY26, Snowflake expects product revenues between $1.195 billion and $1.2 billion, indicating a 27% year-over-year growth [17] - For FY26, the expected product revenues are $4.446 billion, reflecting a 28% year-over-year growth [18] Competition - Snowflake faces stiff competition from major players like Amazon and Oracle, both of which are also expanding their AI capabilities [19] - Oracle has launched role-based AI agents, while Amazon's AI initiatives have gained significant momentum, with AWS's custom chips business exceeding a $10 billion annual revenue run rate [20][21]

Core Insights - Nebius Group N.V. (NBIS) stock increased by approximately 10% following its fourth-quarter 2025 results, driven by strong revenue growth in a robust AI demand environment [1] - Over the past three months, NBIS shares have gained 14%, outperforming the Zacks Computer & Technology sector, which remained flat, and the Zacks Internet Software Services industry, which declined by 11.2% [1] - The company's shares have surged 35.1% in the past six months [1] Financial Performance - In Q4 2025, Nebius reported an adjusted net loss of $173 million, which is 151% wider than the loss of $69 million from the previous year [3] - Revenues surged by 547% year over year to $227.7 million, primarily driven by strong performance in the core business [3] - The AI cloud business revenue increased by 830% year over year and 63% sequentially, supported by high utilization levels and favorable pricing [4][6] Future Guidance - Nebius projects 2026 revenue between $3 billion and $3.4 billion, targeting a run-rate of $7 billion to $9 billion by the end of 2026 [6][8] - The company plans to invest $16 billion to $20 billion in capital expenditures in 2026 to expand data centers [6][16] - The adjusted EBITDA margin for the group turned positive in Q4, expanding to 24% from 19% in the previous quarter [7] Market Demand and Strategy - Nebius continues to experience robust demand from large accounts, hyperscalers, AI start-ups, and enterprise customers, with a growing pipeline expected to exceed $4 billion in Q1 2026 [10][12] - The company announced plans for nine new data centers and secured over 2 gigawatts of contracted power, with expectations to exceed 3 gigawatts [11] - The software attach rates for AI cloud customers are at 100%, indicating strong engagement [13] Competitive Landscape - Nebius has outperformed peers like Microsoft Corporation (MSFT) and Amazon.com, Inc. (AMZN), which saw declines of 20.8% and 14.7%, respectively, while CoreWeave, Inc. (CRWV) increased by 27.5% during the same period [2] - The company is navigating a competitive environment with rising capital expenditures and supply-chain pressures affecting peers [16][17][18] Valuation - Currently, NBIS shares are trading at a Price/Book ratio of 5.35X, which is higher than the Internet Software Services industry's average of 3.38X [19]

Key Takeaways Sanmina delivers advanced automotive electronics, from ECUs to LED lighting and climate modules.The company supports EV growth with power management, battery subsystems and charging systems.Partnerships with OEMs like Ather Energy enhance Sanmina's role in smart and connected vehicles.Sanmina Corporation (SANM) is a key provider in the automotive electronics sector, delivering advanced designs, manufacturing, testing and supply chain solutions to global original equipment manufacturers (OEMs) ...

Key Takeaways NVO shares plunged 20.5% in a month after issuing weaker-than-expected 2026 guidance.Novo Nordisk expects 2026 sales and operating profit to decline 5-13% at CER on an adjusted basis.Intensifying competition, U.S. pricing pressure and slowing prescriptions weigh on semaglutide growth.Novo Nordisk (NVO) shares have plunged 20.5% in the past month. The massive sell-off of the stock was primarily driven by a weaker-than-expected 2026 financial outlook issued by the company, despite its fourth-qua ...

Key Takeaways INVH is set to report Q4 2025 results, with revenues and FFO per share expected to rise year over year.Invitation Homes is projected to post $659.2M in rental revenues and $677.1M in total revenues for Q4.INVH faces supply-heavy markets and an unchanged 48-cent FFO estimate despite a 2.13% YoY growth outlook.Invitation Homes (INVH) is slated to report fourth-quarter 2025 results on Feb. 18, after market close. The company’s quarterly results are likely to report a year-over-year increase in re ...

Key Takeaways Dauch posted Q4 EPS of 7 cents, topping estimates, while revenues of $1.38B missed forecasts.Driveline sales dipped 0.9%, while Metal Forming revenues rose 5.8% with EBITDA up 33.8%.DCH sees 2026 revenues of $10.3-$10.7B and EBITDA of $1.3-$1.4B, above 2025 levels.Dauch Corporation (DCH) reported fourth-quarter 2025 adjusted earnings of 7 cents per share, in contrast to the Zacks Consensus Estimate of a loss of 7 cents. The company had incurred a loss of 6 cents per share in the year-ago quart ...