Intuit (INTU) Q2 Earnings and Revenues Top Estimates
ZACKS· 2026-02-26 23:16
Intuit (INTU) came out with quarterly earnings of $4.15 per share, beating the Zacks Consensus Estimate of $3.66 per share. This compares to earnings of $3.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.25%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $3.1 per share when it actually produced earnings of $3.34, delivering a surprise of +7.74 ...
Biodesix, Inc. (BDSX) Reports Q4 Loss, Beats Revenue Estimates
ZACKS· 2026-02-26 23:16
Biodesix, Inc. (BDSX) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $1.05. This compares to a loss of $1.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +53.33%. A quarter ago, it was expected that this company would post a loss of $1.6 per share when it actually produced a loss of $1.16, delivering a surprise of +27.5%.Over the last four quarters, the company has surpasse ...
Netflix backs out of Warner Bros. bidding war after Paramount made 'superior' offer
Fox Business· 2026-02-26 23:15
Netflix dropped its bid to buy Warner Bros. after the studio announced Paramount's latest bid to buy the entire company was "superior." "The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we've always been disciplined, and at the price required to match Paramount Skydance's latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid," Netflix co-CEOs Ted Sarandos and Greg Peters said in ...
Dell's stock soars, as record earnings signal the company is managing memory shortages well
MarketWatch· 2026-02-26 23:15
Core Viewpoint - The company, a maker of servers and PCs, is increasing its dividend by 20% [1] Group 1 - The company is enhancing shareholder returns through a significant dividend increase [1]
CEO Jack Dorsey issued a dire warning about AI's impact as he cuts Block by almost half
Business Insider· 2026-02-26 23:14
Core Insights - Block CEO Jack Dorsey has warned about the impact of AI on employment, particularly emphasizing that many companies are late to realize its implications [1] - Block is transitioning to a "smaller, faster, intelligence-native company" by cutting approximately 40% of its workforce, which consists of 11,000 employees [1] - Dorsey highlighted that AI is significantly enhancing productivity within Block, with engineering output per engineer increasing by over 40% since September [4] Company Strategy - The company is streamlining operations due to identified "duplication" within its workforce, aiming to improve efficiency through AI [3] - Block is focusing on expanding its senior engineering talent specifically in AI, despite the overall reduction in workforce [4] - Dorsey predicts that more companies will adopt AI to drive efficiency gains, positioning Block ahead of this trend [3] AI Capabilities - Dorsey noted a significant leap in AI capabilities that occurred in December of the previous year, which has surpassed Block's internal tool, Goose, used for coding and repetitive tasks [2] - The company is leveraging AI tools that allow a smaller team to achieve more efficient and higher-quality work [2]
Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Financial Overview and Future Outlook
Financial Modeling Prep· 2026-02-26 23:12
Core Viewpoint - Acadia Healthcare Company, Inc. is a prominent provider in the inpatient behavioral health care sector, focusing on delivering quality services while aiming for financial growth [1] Financial Performance - In Q4 2025, Acadia reported adjusted earnings of $0.07 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, resulting in an earnings surprise of over 164% [2][6] - Despite the earnings surprise, the company's profit declined by 89% year-over-year, while total revenues reached $821.5 million, reflecting a 6.1% increase compared to the previous year, surpassing the expected $799 million [3][6] - The revenue growth was attributed to a 3.1% increase in patient days and a 2.5% rise in admissions, leading to a 4.4% increase in same-facility revenues [3] Future Projections - Acadia anticipates revenues for 2026 to be between $3.37 billion and $3.45 billion, with adjusted EBITDA projected to range from $575 million to $610 million [4][6] - The company's projections indicate a strategic focus on service expansion and operational efficiency optimization, despite challenges such as a decrease in average length of stay and rising expenses [4] Stock Performance - Currently, ACHC's stock price is $21.48, reflecting a 3.09% increase, with fluctuations between a low of $20.88 and a high of $22.27 during the trading day [5] - Over the past year, the stock has seen a high of $42.85 and a low of $11.43, with a market capitalization of approximately $1.94 billion [5]
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages NuScale Power Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – SMR
Globenewswire· 2026-02-26 23:11
Core Viewpoint - Rosen Law Firm is reminding purchasers of NuScale Power Corporation's Class A common stock about the upcoming lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company during a specified period [1][5]. Group 1: Class Action Details - The class action pertains to investors who purchased NuScale Class A common stock between May 13, 2025, and November 6, 2025, and they may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must be appointed by April 20, 2026, to represent other class members in directing the litigation [3]. - The lawsuit claims that NuScale made false and misleading statements regarding its partnership with ENTRA1 Energy LLC, which allegedly lacked the necessary experience in nuclear power generation [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4].
Oportun Financial Corporation 2025 Q4 - Results - Earnings Call Presentation (NASDAQ:OPRT) 2026-02-26
Seeking Alpha· 2026-02-26 23:09
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Chesapeake Utilities reaffirms $7.75–$8 EPS target for 2028 as it launches $75M ERP transformation and advances Florida rate case (NYSE:CPK)
Seeking Alpha· 2026-02-26 23:08
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Anthropic Rejects Pentagon’s “Final Offer” in High-Stakes AI Safety Showdown
Stock Market News· 2026-02-26 23:08
Core Insights - The ethical boundaries of military AI are being challenged as Anthropic rejects a proposal from the U.S. Department of Defense (DoD) regarding the use of its Claude AI model [2][10] Group 1: Company Position and Actions - Anthropic has established two non-negotiable "red lines": its technology cannot be used for mass domestic surveillance or for autonomous weapons systems that operate without human intervention [3][10] - Anthropic has officially rejected the Pentagon's "best and final offer," maintaining its "safety-first" stance despite pressure [10] Group 2: Government and Military Response - The Pentagon argues that Anthropic's constraints are "impracticable" for modern warfare and insists that military operations should only adhere to existing U.S. law [3] - Defense Secretary Pete Hegseth has set a hard deadline for compliance, threatening to label Anthropic a "supply chain risk" or invoke the Defense Production Act (DPA) to enforce compliance [4][10] Group 3: Financial Implications - The ongoing dispute puts a $200 million contract at risk and could lead to Anthropic being banned from the broader defense ecosystem, affecting partners like Palantir, Amazon, and Alphabet [10] - For investors in Amazon and Alphabet, the escalation represents a significant geopolitical risk, as blacklisting Anthropic could lead to a sharp downward revision of its valuation and utility as a primary AI provider for AWS and Google Cloud [7]