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]

Key Takeaways SAP delivered Q4 non-IFRS EPS of 1.62 euros, up 16% year over year, fueled by strong cloud bookings.SAP Business AI featured in two-thirds of cloud order entry, highlighting AI's role in deal conversion.SAP shares fell 18% pre-market as cloud backlog growth and 2026 cloud revenue guidance disappointed.SAP SE (SAP) reported fourth-quarter 2025 non-IFRS earnings per share (EPS) of €1.62, which increased 16% from the year-ago quarter. SAP’s fourth quarter was defined by strong cloud bookings and ...

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]

Key Takeaways IRDM completed two-way NB-IoT messaging tests over its LEO network, validating NTN Direct's core technology.NTN Direct aligns with 3GPP standards, using software-defined satellites & Nordic's low-power IoT module.IRDM expands trials and partnerships, though competition, low entry barriers and leverage remain concerns.Iridium Communications Inc. (IRDM)  has successfully completed on-air testing of Iridium NTN Direct, marking a pivotal moment in the satellite and telecom industries. By transmitt ...

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].

Core Insights - PTC Inc. has been selected by Reditus Space to provide its cloud-native Onshape CAD and PDM platform for the development of reusable spacecraft and related hardware [1][11] Group 1: Reditus Space and Its Mission - Reditus Space is preparing to launch its first reusable satellite, ENOS Mk1, scheduled for July 2026 aboard a SpaceX Falcon 9 rideshare mission [2] - The ENOS Mk1 mission aims to deploy a reusable spacecraft into low Earth orbit, host commercial payloads, remain in orbit for approximately eight weeks, and return safely to Earth for recovery and reuse [2] Group 2: PTC's Role and Technology - Reditus Space was introduced to PTC through the Onshape Startup Program and utilized the platform to transition from early concepts to flight-ready designs [3] - PTC's cloud-native tools provide a strategic advantage by enabling secure collaboration, rapid iteration, and regulatory compliance within a single platform [4] - As demand for aerospace and defense solutions grows, platforms like Onshape are becoming critical for both emerging space companies and established defense contractors [5] Group 3: PTC's Business Outlook - For fiscal 2026, PTC projects revenues between $2.65 billion and $2.9 billion, reflecting a year-over-year change of -3% to -6% [9] - The company targets 7% to 9% ARR growth for fiscal 2026 and anticipates generating $1 billion in free cash flow, supported by strong deferred ARR and a capital return program to buy back $150 million to $250 million of stock per quarter [9] - PTC's fiscal 2026 outlook indicates ongoing double-digit cash flow growth and solid visibility as multi-year ramp contracts begin [9] Group 4: Competitive Positioning - PTC's solutions enhance operational efficiency, accelerate product and service innovation, and boost workforce productivity across industrial enterprises [8] - The company's major technology platforms, including Creo, Windchill, ThingWorx, and Vuforia Studio, are expected to drive revenue growth [8]

Group 1: Berkshire Hathaway and Kraft Heinz - Berkshire Hathaway may sell its 27.5% stake in Kraft Heinz, potentially ending a decade-long investment [5] - Kraft Heinz disclosed that Berkshire may offer to sell 325,442,152 shares, with the stock down nearly 4% in premarket trading [5] - The merger of Kraft and Heinz in 2015, orchestrated by Buffett and 3G Capital, has not performed as expected, leading to a $3.76 billion write-down on Berkshire's stake [6] Group 2: Kraft Heinz Corporate Strategy - Kraft Heinz's board approved a plan to separate the company into two independent, publicly traded entities through a tax-free spin-off, aimed at simplifying operations and improving performance [7] Group 3: Amazon's Retail Expansion - Amazon plans to open its largest retail store in Orland Park, Chicago, covering approximately 230,000 square feet, offering groceries and general merchandise [9] - The project will not receive financial incentives from Orland Park but is expected to generate significant sales and property tax revenue, creating around 200 construction jobs and 500 permanent positions [10] Group 4: Market Overview - Dow, S&P, and Nasdaq futures are in the green, while crude oil is down 0.6% at $59 per barrel [13] - Bitcoin is up 1.1% at $89,000, and gold has increased by 2% to $4,862 [13]

Core Insights - Simulations Plus reported a 3% decline in total revenue to $18.4 million for fiscal Q1 2026, aligning with previous guidance [2][3] - The company maintained its fiscal 2026 revenue guidance of $79–82 million, with expected growth of 0–4% [4][17] Revenue Breakdown - Software revenue contributions were primarily from development products (81%), discovery products (15%), and clinical operations products (4%) [1] - Services revenue grew by 16%, while software revenue fell by 17%, resulting in a mix shift where services accounted for 52% of total revenue [5][10] Profitability Metrics - Adjusted EBITDA for the quarter was $3.5 million, with adjusted EPS at $0.13 [1][5] - Total gross margin improved to 59%, with software gross margin at 84% and services gross margin at 36% [13][14] Client Metrics - The company ended the quarter with 302 commercial clients, an average revenue per client of $97,000, and an 88% renewal rate [8] - The trailing 12-month average revenue per client was $147,000, with a renewal rate of 87% [8] Services Growth - The backlog for services rose by 18% to $20.4 million, driven by strong performance in medical communications [9][11] - Medical communications, stemming from the Pro-ficiency acquisition, represented 100% of commercialization services revenue [11] Future Outlook - Management anticipates stronger software performance in the second and third quarters due to seasonal renewals [18] - The company is focusing on building an integrated product ecosystem that leverages AI and regulatory-grade modeling [19][20]