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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Reuters· 2026-05-09 17:02AI Processing
Core Insights - Rippling, an HR software startup, raised $450 million in Series G funding, achieving a valuation of $16.8 billion, focusing on global revenue growth over immediate profitability [1][4][5] Funding and Valuation - The funding round included participation from notable investors such as Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth [2] - The new valuation of $16.8 billion marks an increase from the previous valuation of $13.5 billion in early 2024 [4] Employee Equity and IPO Plans - Rippling plans to repurchase up to $200 million of equity from current and former employees through a tender offer, which may become an annual event [2][3] - The CEO stated that the company does not have immediate plans for an IPO, emphasizing the need for profitability before considering going public [4][6] Business Performance and Strategy - Rippling has surpassed $100 million in annual recurring revenue and serves over 20,000 customers with a suite of more than 20 products [5] - The company is prioritizing growth over profitability, indicating a strategic choice to expand rapidly rather than slow down for immediate profit [6] Legal Challenges - Rippling is involved in ongoing legal disputes with competitor Deel, including allegations of corporate espionage, which have raised questions about competitive practices in the tech industry [7][8]
Charlotte's Web (CWEB) Q4 2025 Earnings: Revenue Beat, Wider Loss, Major BAT Deal
Financial Modeling Prep· 2026-03-31 23:02
Charlotte's Web Holdings, Inc. (TSX: CWEB) (OTC: CWBHF) Q4 2025 Earnings: Revenue Beats, Wider Net Loss, Major BAT Strategic TransactionRevenue Beat: Reported Q4 revenue of $13.3 million, exceeding the estimated ~$12.3 million and up 4.7% year-over-year.EPS Miss: GAAP EPS of -$0.07 (basic and diluted), missing the consensus estimate of approximately -$0.03 to -$0.04.Strategic BAT Transaction: Agreement for conversion of C$75.3 million convertible debenture (plus accrued interest) into common shares and a ne ...
J.Jill (NYSE:JILL) Q4 2025 Earnings: Revenue and EPS Miss, Dividend Increased
Financial Modeling Prep· 2026-03-31 22:00
J.Jill, Inc. (NYSE:JILL) Q4 2025 Earnings: Revenue Misses Estimates, EPS Misses, Dividend RaisedRevenue Below Estimates: J.Jill reported $138.41 million in net sales for the fourth quarter, falling short of the consensus estimate of approximately $142.33 million.Profitability Challenges: The company posted a GAAP EPS loss and a net loss of $3.5 million. Adjusted EPS was around a $0.02 loss. Operating performance was pressured by tariffs, promotions, and a tough retail environment.Dividend Increase: The quar ...
BIO-key International, Inc. (NASDAQ:BKYI) Reports Q1 2026 Earnings: Key Financial Insights
Financial Modeling Prep· 2026-03-31 21:00
EPS Misses Estimates: BIO-key International, Inc. ((NASDAQ:BKYI)) reported an EPS of -$0.19, below the estimated EPS of -$0.07, indicating a larger-than-expected loss per share. Revenue Growth and Cash Position: Quarterly revenue was $1.24 million (vs. estimated $2.2 million), but full-year 2025 revenue reached $6.1 million. Cash position improved to $2.7 million at the end of 2025, up from $400,000 in 2024. Positive Outlook for 2026: Preliminary Q1 2026 revenue is $2.2 million, a 37% increase year-over-ye ...
T1 Energy (NYSE: TE) Q4 2025 Earnings Miss, Progress on G2_Austin Solar Project
Financial Modeling Prep· 2026-03-31 20:00
T1 Energy Inc. (NYSE: TE) Reports Q4 2025 Results Amid Ongoing Progress on G2_Austin Solar Cell ProjectEarnings Miss on Bottom Line: T1 Energy reported a GAAP EPS of -$0.87 (including discontinued operations) versus analyst expectations around break-even to slightly positive. Revenue came in at $358.6 million, slightly below the consensus estimate of $368.2 million.Key Financials: The company posted a net loss of $190 million in Q4 2025. From continuing operations, the loss was narrower at approximately $15 ...
INOVIO DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Inovio Pharmaceuticals Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 7 Deadline in Securities Class Action - INO
TMX Newsfile· 2026-03-31 19:36
New York, New York--(Newsfile Corp. - March 31, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Inovio Pharmaceuticals, Inc. (NASDAQ: INO) between October 10, 2023 and December 26, 2025, inclusive (the "Class Period"), of the important April 7, 2026 lead plaintiff deadline.SO WHAT: If you purchased Inovio securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arra ...
Pomerantz Law Firm Announces the Filing of a Class Action Against Inovio Pharmaceuticals, Inc. and Certain Officers – INO
Globenewswire· 2026-03-31 19:36
NEW YORK, March 31, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Inovio Pharmaceuticals, Inc. (“Inovio” or the “Company”) (NASDAQ: INO) and certain officers.   The class action, filed in the United States District Court for the Eastern District of Pennsylvania, and docketed under 26-cv-00803, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Inovio securities between October 10, 202 ...
PICARD MEDICAL DEADLINE APRIL 3rd: Bragar Eagel & Squire, P.C. Urges Picard Medical, Inc. (NYSE:PMI) Investors to Contact the Firm Before April 3rd Regarding Their Rights
Globenewswire· 2026-03-31 19:36
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Picard (PMI) To Contact Him Directly To Discuss Their Options If you purchased or acquired Picard securities between September 2, 2025, and October 31, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648. Click here to participate in the action. NEW YORK, March 31, 2026 (GLOBE NEWSWIRE) -- What’s Happening: ...
Government of Canada Expands Strategic Partnership with BlackBerry
Accessnewswire· 2026-03-31 19:35
Enhanced agreement significantly increases deployment of BlackBerry SecuSUITE to support sovereign, missioncritical communications across government WATERLOO, ON / ACCESS Newswire / March 31, 2026 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced the renewal and expansion of its longstanding secure communications partnership with the Government of Canada, continuing the use of BlackBerry® UEM while significantly increasing the deployment of BlackBerry® SecuSUITE® to support missioncritical, sovereign c ...
MercadoLibre's fintech terminates its cryptocurrency Mercado Coin
Reuters· 2026-03-31 19:35
Clients in Brazil, the group's main market, earned Mercado Coins as cashback when buying products on the e- commerce platform. Mercado Pago said that since 2024 the focus has been on the "Meli Dolar", a stablecoin priced in U.S. dollars at a one-to-one value available in Brazil, Mexico and Chile. The move is part of the evolution of the company's strategy in the crypto universe, Mercado Pago said. Remaining balances of Mercado Coin should be sold or used for purchases on MercadoLibre by April 17; if no acti ...