Simulations Plus logo Key Points Shareholders approved all proposals: the four director nominees were elected, Rose, Snyder & Jacobs LLP was ratified as independent auditor with over 97% support, and an amendment to the 2021 Equity Incentive Plan to add 950,000 shares (to 3.45M) passed with over 91% approval. Shareholders voted for a one-year advisory say-on-pay frequency with over 90% support, overruling the board’s recommended three-year cadence; the vote is non-binding but the board will consider t ...

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Simulations Plus, Inc. due to allegations of materially misleading business information issued to the public [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased Simulations Plus securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - A class action is being prepared by Rosen Law Firm to seek recovery of investor losses [2]. Group 2: Company Performance and Market Reaction - On July 15, 2025, an article published by Benzinga reported that Simulations Plus experienced weaker demand, leading to a decline in stock price [3]. - The company reported sales of $20.4 million for the third quarter of 2025, which was a 10% year-over-year increase but fell short of the consensus estimate of $20.9 million [3]. - Preliminary sales figures released in June indicated lower expectations, with estimates ranging from $19 million to $20 million, compared to a consensus of $22.78 million [3]. - Following the news, Simulations Plus stock fell by 25.75% on July 15, 2025 [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for clients [4].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Simulations Plus, Inc. due to allegations of materially misleading business information issued to the public [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased Simulations Plus securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - A class action is being prepared by Rosen Law Firm to seek recovery of investor losses [2]. Group 2: Company Performance and Market Reaction - On July 15, 2025, an article published by Benzinga indicated that Simulations Plus experienced weaker demand, leading to a decline in stock price [3]. - The company reported sales of $20.4 million for the third quarter of 2025, which was a 10% year-over-year increase but fell short of the consensus estimate of $20.9 million [3]. - Preliminary sales figures released in June indicated lower expectations, with estimates ranging from $19 million to $20 million, compared to a consensus of $22.78 million [3]. - Following the news, Simulations Plus stock fell by 25.75% on July 15, 2025 [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Simulations Plus, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Company Performance - Simulations Plus reported sales of $20.4 million for the third quarter of 2025, which is a 10% year-over-year increase but fell short of the consensus estimate of $20.9 million [3]. - The company had previously released preliminary third-quarter sales figures in June, which were already lower than expectations at $19 million to $20 million, compared to a consensus of $22.78 million [3]. - Following the earnings report, Simulations Plus stock experienced a significant decline of 25.75% on July 15, 2025 [3]. Group 2: Legal Action - Investors who purchased Simulations Plus securities may be entitled to compensation through a class action lawsuit being prepared by Rosen Law Firm, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - Interested investors can join the prospective class action by submitting a form or contacting the law firm directly [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [4].

Core Insights - Dolby Laboratories, Inc. (DLB) reported first-quarter fiscal 2026 non-GAAP earnings per share (EPS) of $1.06, exceeding the Zacks Consensus Estimate of 90 cents, but down from $1.14 in the prior-year quarter [1][9] - Total revenues were $346.7 million, a decrease from $357 million in the year-ago quarter, yet surpassing the Zacks Consensus Estimate by 4.2% [2][9] Financial Performance - Licensing revenues were $319.8 million, down 3.2% year over year, but within the company's guidance of $290 million to $320 million [5] - Products and Services revenues increased by 1.6% year over year to $26.9 million [5] - Gross profit for the fiscal first quarter was $303.5 million, compared to $316.2 million in the year-ago quarter, while total operating expenses rose to $241.3 million from $236.3 million [7] Market Outlook - Management expressed optimism about the company's market position and growth opportunities, citing strong momentum in Dolby Atmos and Dolby Vision, as well as an expanding addressable market [3] - For the second quarter of fiscal 2026, the company estimates revenues between $375 million and $405 million, with licensing revenues projected to be between $350 million and $380 million [12] Shareholder Returns - The company repurchased approximately 1 million shares for about $70 million during the first quarter, with roughly $207 million remaining under its stock repurchase authorization [11] - A cash dividend of 36 cents per share was declared, payable on February 18, 2026 [11] Segment Performance - Broadcast Licensing contributed 31% to total licensing revenues, while Mobile Licensing, Consumer Electronics, PC Licensing, and Licensing from Other Markets accounted for 23%, 14%, 9%, and 23% respectively [6] Future Projections - For fiscal 2026, the company expects total revenues to be in the range of $1.4 billion to $1.45 billion, an increase from the prior estimate of $1.39 billion to $1.44 billion [13] - Licensing revenues are projected to range from $1.295 billion to $1.345 billion, up from the previous estimate of $1.285 billion to $1.335 billion [13]

Core Insights - SAP SE reported a fourth-quarter 2025 non-IFRS earnings per share (EPS) of €1.62, reflecting a 16% increase year-over-year [1][9] - The company experienced strong cloud bookings and profitability, with total revenues on a non-IFRS basis reaching €9.68 billion, a 3% increase year-over-year (9% at constant currency) [2][3] - Despite positive revenue growth, SAP's shares fell 18% in pre-market trading due to cloud backlog and 2026 revenue guidance not meeting investor expectations [3][9] Financial Performance - For 2025, total revenue was €36.8 billion, up 8% (11% at constant currency), with predictable revenue increasing to 86% [3] - The cloud backlog surged 16% (25% at constant currency) to €21.05 billion, indicating strong market demand [4] - Non-IFRS gross profit was €7.2 billion, a 3% increase year-over-year, while non-IFRS cloud gross profit rose 21% to €4.18 billion [11] Cloud Business Highlights - Cloud revenues reached €5.61 billion, up 19% year-over-year (26% at constant currency), driven by a 23% growth in Cloud ERP Suite revenues [5] - SAP Business AI played a significant role, being included in two-thirds of cloud order entries, highlighting its importance in deal conversion [2][9] - The company secured significant customer wins across various sectors, including notable clients like Bank of Italy and Deutsche Bundesbank [8] Client Adoption and Solutions - The "Rise with SAP" solution was adopted by numerous clients, including major brands like adidas and H&M Group [6] - SAP's "GROW with SAP" initiative aimed at smaller businesses was implemented by several organizations, enhancing cloud ERP adoption [7] Future Outlook - For 2026, SAP projects cloud revenue between €25.8 billion and €26.2 billion, indicating a growth of 23% to 25% from 2025 [15] - Non-IFRS operating profit is expected to be between €11.9 billion and €12.3 billion, representing a growth of 14% to 18% [16] - The company anticipates a moderation in current cloud backlog growth in 2026 compared to 2025 [16]

Core Insights - Badger Meter, Inc. (BMI) reported Q4 2025 EPS of $1.14, missing the Zacks Consensus Estimate by 0.9%, but showing an increase from $1.04 in the same quarter last year [1][11] - Quarterly net sales reached $220.7 million, a 7.6% increase from $205.2 million year-over-year, driven by higher utility water sales, although it fell short of the $230.8 million estimate [1][11] Financial Performance - For the full year 2025, BMI reported sales of $916.7 million, an 11% year-over-year increase, with EPS rising approximately 13% to $4.79 from $4.23 in 2024 [2] - Gross profit for Q4 was $93 million, up from $82.8 million year-over-year, with a gross margin of 42.1%, an increase of 180 basis points [12] - Operating earnings increased around 10% year-over-year to $43.1 million, with operating margin expanding to 19.5% from 19.1% [12] Strategic Developments - Management emphasized that 2025 marked double-digit revenue growth, expanded profit margins, and record free cash flow conversion, driven by sustained demand for smart water management solutions [3][4] - The acquisition of SmartCover in early 2025 enhanced BMI's portfolio with sewer monitoring and stormwater management capabilities, strengthening its long-term growth position [5] Market Dynamics - Utility water sales rose 9% year-over-year, with a 2% increase even excluding SmartCover, driven by customer adoption of digital smart water solutions [7] - Flow instrumentation sales remained flat year-over-year, as growth in water-focused markets was offset by declines in de-emphasized applications [8] Cash Flow and Liquidity - In Q4 2025, BMI generated $54.8 million in net cash from operating activities, compared to $52.1 million a year ago [15] - As of December 31, 2025, the company had $226 million in cash and cash equivalents, with total current liabilities of $150.7 million [15] Future Outlook - Management expressed confidence in achieving high single-digit sales growth and continued operating margin expansion in 2026, supported by the growth of its cellular AMI installed base and international expansion opportunities [16][17]

Core Insights - Seagate Technology Holdings plc (STX) reported strong second-quarter fiscal 2026 results, with non-GAAP earnings of $3.11 per share, surpassing both the Zacks Consensus Estimate of $2.83 and management's guidance of $2.75 per share, reflecting a 19% quarter-over-quarter increase [1][10] - Non-GAAP revenues reached $2.83 billion, exceeding the Zacks Consensus Estimate by 2.7% and showing a 22% year-over-year growth, driven by robust demand in data center markets [2][10] Financial Performance - The data center segment accounted for 79% of total revenue, amounting to $2.2 billion, which represents a 28% year-over-year growth and a 5% sequential increase [7] - The edge IoT segment contributed 21% of revenue, totaling $601 million, up 2% year over year and 17% sequentially, supported by seasonal strength in consumer products [8] - Seagate shipped 190 exabytes of HDD storage, a 26% year-over-year increase, with the data center market representing 87% of shipments [9] Strategic Positioning - The company's strategy focuses on balancing performance with cost efficiency, aligning with the growing demand for AI-generated data, suggesting sustained long-term demand [3] - Average nearline drive capacity increased by 22% year over year to nearly 23 TB per drive, indicating strong adoption of higher-capacity products [4] Margin and Cash Flow - Non-GAAP gross margin reached a record 42.2%, up 210 basis points quarter over quarter and 670 basis points year over year, driven by high-capacity product adoption [11] - Cash flow from operations was $723 million, compared to $532 million in the previous quarter, with free cash flow reaching $607 million, marking a 42% sequential increase [13] Future Outlook - For the fiscal third quarter, Seagate expects revenues of $2.9 billion, indicating a 34% year-over-year improvement, with non-GAAP earnings projected at $3.40 per share [15] - The company anticipates continued strong demand from global cloud customers, which is expected to offset typical seasonality in the edge IoT markets [15][17]

Core Insights - Iridium Communications Inc. has completed successful on-air testing of Iridium NTN Direct, marking a significant advancement in the satellite and telecom sectors as it prepares for commercial service in 2026 [2][7] - NTN Direct is positioned as the first globally available, 3GPP standards-based NB-IoT NTN service, facilitating easier integration into the mobile ecosystem [3][5] - The testing utilized Nordic Semiconductor's low-power chipset, validating the technology's readiness for the IoT market and aligning with Iridium's commercial timeline [4][8] Industry and Market Applications - Iridium NTN Direct supports diverse applications such as emergency messaging, asset tracking, automotive monitoring, and environmental monitoring, benefiting from 100% global coverage [5][6] - The unified network architecture of Iridium eliminates regulatory complexities, allowing for faster market entry and simplified commercial models for partners [6][8] - The company is expanding its IoT portfolio through partnerships with Karrier One and Deutsche Telekom, enhancing global connectivity and pursuing new revenue streams [8] Competitive Landscape - Despite the advancements, the satellite industry faces challenges such as low barriers to entry, intense competition, and a leveraged balance sheet impacting Iridium's prospects [9][11] - Iridium's stock has underperformed, losing 39.5% over the past year compared to a 185.6% increase in the broader satellite and communication industry [10]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Simulations Plus, Inc. due to allegations of materially misleading business information issued to the public [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased Simulations Plus securities may be entitled to compensation through a class action without any out-of-pocket fees, facilitated by a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Simulations Plus [2]. Group 2: Company Performance and Market Reaction - Simulations Plus reported sales of $20.4 million for the third quarter of 2025, which is a 10% year-over-year increase but below the consensus estimate of $20.9 million [3]. - The company had previously released preliminary sales figures of $19 million to $20 million, which were also lower than the consensus estimate of $22.78 million [3]. - Following the earnings report and the negative outlook, Simulations Plus' stock fell by 25.75% on July 15, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and success in this area [4].