On February 17, 2026, Engine Capital Management disclosed a significant buy of UniFirst (NYSE:UNF), acquiring 397,772 shares in an estimated $67.13 million trade based on quarterly average pricing. What happened According to an SEC filing dated February 17, 2026, Engine Capital Management increased its position in UniFirst (NYSE:UNF) by 397,772 shares during the most recent quarter. The estimated value of the trade was $67.13 million, calculated using the average closing price for the quarter. The value ...

ROSELAND, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Milestone Scientific Inc. (NYSE: MLSS), a leading developer of computerized drug delivery instruments that provide objective, pressure-guided precision, today announced the launch of the CompuFlo® Advisor Program. This strategic initiative is designed to drive mainstream commercial adoption, increase recurring disposable revenue, and generate the clinical data necessary to optimize long-term Medicare reimbursement rates. The program, which commenced on Febru ...

Core Viewpoint - Richtech Robotics is strategically evolving into three core business pillars: commercial, industrial, and data services, while maintaining a strong financial position following its Q1 FY2026 filing [1][8]. Business Strategy - The company has identified three target markets with labor constraints and successfully deployed robotics solutions, leading to a recalibration of its business structure to capture market share in high-growth industries [3][4]. - Richtech Robotics has developed a purpose-built robotics approach, focusing on specific solutions for commercial and industrial use, which allows for task perfection before scaling [4]. Financial Performance - In Q1 FY2026, Richtech Robotics reported RaaS revenue of $0.3 million, a 31% increase from the previous year, while reducing hardware robotics sales initiatives [5]. - The company experienced a net loss of $8.4 million in Q1 FY2026, primarily due to non-cash stock-based compensation, but adjusted net loss was approximately $(0.1) million [7]. Revenue Streams - The company’s revenue model is shifting towards a recurring revenue model through its Robots-as-a-Service (RaaS) initiative, while still maintaining a mix of product sales [5]. - Richtech Robotics has established a data services segment that leverages real-world data from its deployments, providing training sets to top-tier AI companies [6]. Product Offerings - The commercial robotics segment includes hospitality robots like ADAM and Matradee, which address labor shortages in hospitality and retail environments [6]. - The industrial robotics segment features the mobile humanoid robot Dex, designed for production and manufacturing, utilizing NVIDIA's Isaac Sim technology [6]. Financial Position - As of December 31, 2025, the company had total liquidity of $328.8 million, including $271.8 million in cash and cash equivalents, allowing for continued investment in R&D and business development [7].

Company Overview - Clearwater Analytics Holdings, Inc. is a technology-driven provider of investment accounting and analytics software, utilizing a scalable SaaS platform to deliver critical solutions for institutional asset owners and managers [6] - The company operates a subscription-based business model, generating recurring revenue by providing cloud-based software and analytics services to institutional clients, including insurers, investment managers, corporations, institutional investors, and government entities [9] Financial Performance - As of February 12, 2026, Clearwater Analytics had a market capitalization of $6.78 billion and reported a revenue of $451.80 million with a net income of $424.38 million for the trailing twelve months [4] - In the third quarter, the company experienced a revenue increase of 77% year over year, reaching $205.1 million, while adjusted EBITDA rose 84% to $70.7 million, and annualized recurring revenue reached $807.5 million with a net revenue retention rate of 108% [10] Recent Developments - Keenan Capital initiated a new position in Clearwater Analytics by purchasing 3,660,973 shares valued at approximately $88.30 million during the fourth quarter, which now represents 16.08% of Keenan Capital's reportable U.S. equity AUM as of December 31, 2025 [2][8] - Clearwater Analytics agreed to be acquired in an $8.4 billion deal in December, raising questions about the timing of the share accumulation by Keenan Capital [11] Market Position - As of February 12, 2026, shares of Clearwater Analytics were priced at $23.47, reflecting a decline of 14.5% over the past year and underperforming the S&P 500 by 27.43 percentage points [8]

SuperCom Secures Louisiana Electronic Monitoring Contract, Expands U.S. Presence to 16th New State [Accessibility Statement] Skip NavigationMarks 17th New Service Provider Partnership Since Mid-2024 and Continues Track Record of Incumbent DisplacementTEL AVIV, Israel, Feb. 12, 2026 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today announced a new electronic monitoring (EM) service provider contract in Louisiana. The ag ...

Financial Data and Key Metrics Changes - Total revenue for Q2 2026 was $48.2 million, a 12.2% increase compared to $42.9 million in Q2 2025, marking a record for the quarter [8][12][22] - Operating income increased by 32% year-over-year to $14.8 million, while net income rose by 29% to $13.5 million, representing 28% of revenue for the quarter [10][22][19] - Adjusted EBITDA for Q2 increased by 26% to $15.3 million, resulting in an EBITDA margin of 32% [10][23] - Cash and marketable securities totaled $115 million as of December 31, 2025, reflecting a 16.3% increase from $99.2 million in June 2025 [11][25] Business Line Data and Key Metrics Changes - Equipment revenue reached $24.3 million, up 12% year-over-year, driven by strong performance in door locking and intrusion segments [8][10][14] - Recurring revenue grew by 12.5% to $23.8 million, maintaining a gross margin of 90.2% [9][12][15] - The prospective annual run rate for recurring revenue increased to $99 million, up from $95 million in the previous quarter [10][13] Market Data and Key Metrics Changes - The company reported strong demand across its product portfolio, particularly in school security solutions and door locking products [31][32] - The transition from legacy copper phone lines to newer technologies is expected to drive significant growth in recurring service revenue [68] Company Strategy and Development Direction - The company is focused on enhancing shareholder value through its recurring revenue model, which is expected to provide steady growth and profitability [6][7][29] - The appointment of a new Chief Revenue Officer aims to accelerate revenue growth and strengthen customer relationships [7][30] - The company is investing in innovation and infrastructure while maintaining a debt-free balance sheet, allowing for strategic opportunities and capital returns [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining momentum through fiscal 2026, with strong demand and operational discipline in place [7][31] - The company is optimistic about the growth of its recurring revenue base and the successful integration of new products like the MVP cloud-based access control platform [32][33] Other Important Information - The board approved a 7% increase in the quarterly dividend to $0.15 per share, reflecting confidence in the business [11][29] - The company continues to manage inventory tightly and invest in product development and automation [30] Q&A Session Summary Question: What is the current inventory situation in the dealer channel? - The channel has normalized, with more stable buying patterns observed, which has positively impacted gross margins [36][37] Question: What is the outlook for the MVP access platform? - The MVP platform is expected to contribute meaningfully to recurring service revenues in the second half of calendar 2026 [39][40] Question: How is the hardware growth characterized, particularly in larger projects? - There are ongoing projects, particularly in schools, with no difficult comparisons expected for the remainder of the fiscal year [49][50] Question: What is the status of the ADI partnership? - The ADI relationship continues to be beneficial, with ongoing introductions to large dealers, although there is room for improvement in locking contributions [54][55] Question: Is there a need for additional pricing actions in the second half? - Current pricing adjustments are expected to be fully realized, with no additional increases anticipated at this time [48][60] Question: What is the outlook for cash management and potential capital allocation? - The company is considering various options for capital allocation, including acquisitions and increasing dividends, while ensuring any acquisitions align with strategic goals [70][72]

Financial Data and Key Metrics Changes - Total revenue for Q2 2026 was $48.2 million, a record for the quarter, representing a 12.2% increase year-over-year [8][12] - Equipment revenue increased by 12% to $24.3 million, driven by strong demand and pricing strategies [10][14] - Recurring revenue grew by 12.5% to $23.8 million, maintaining a gross margin of 90.2% [9][13] - Operating income rose by 32% to $14.8 million, while net income increased by 29% to $13.5 million, representing 28% of revenue [10][22] - Adjusted EBITDA increased by 26% to $15.3 million, with an EBITDA margin of 32% [23] Business Line Data and Key Metrics Changes - Equipment revenue growth was supported by the locking segment and intrusion and alarm products, both showing double-digit increases [6][28] - Gross margin for equipment revenue improved to 28%, up from 24% a year ago, reflecting pricing discipline and operational efficiency [9][10] - Recurring service revenue now has a prospective annual run rate of approximately $99 million, up from $95 million last quarter [10][13] Market Data and Key Metrics Changes - The company reported strong demand across its product portfolio, particularly in school security solutions and door locking products [31][32] - The transition away from legacy copper phone lines is expected to drive additional market share for StarLink radios [33] Company Strategy and Development Direction - The company is focused on enhancing shareholder value through its recurring revenue model, which is expected to provide steady growth and profitability [6][27] - The appointment of a new Chief Revenue Officer aims to accelerate revenue growth and strengthen customer relationships [29][30] - The company is investing in innovation and infrastructure while maintaining a debt-free balance sheet, allowing for strategic opportunities and capital returns [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining momentum through fiscal 2026, with strong demand and operational discipline in place [7][31] - The company is optimistic about the growth of its recurring service revenue and the impact of new product offerings like the MVP cloud-based access control platform [32][33] - Management acknowledged the importance of school security and the integration of various technologies to drive future growth [31][32] Other Important Information - The company increased its quarterly dividend to $0.15 per share, reflecting confidence in its cash generation capabilities [11][29] - Cash and marketable securities totaled $115 million, providing substantial flexibility for investments and shareholder returns [11][25] Q&A Session Summary Question: What is the current inventory situation in the dealer channel? - The channel has normalized, with more stable buying patterns observed, contributing to improved gross margins [36][37] Question: What is the outlook for the MVP Access platform? - The MVP Access platform is expected to contribute meaningfully to recurring service revenues in the second half of calendar 2026 [39][40] Question: How is the hardware growth characterized, particularly in larger projects? - The company is seeing ongoing projects, particularly in schools, with no difficult comparisons expected for the remainder of the fiscal year [49][50] Question: What is the status of the ADI partnership? - The ADI relationship continues to be beneficial, with ongoing introductions to large dealers, although there is room for improvement in locking contributions [54][55] Question: Is there a need for additional pricing actions in the second half? - Current pricing adjustments are expected to be fully realized, with no immediate need for further increases [48][60] Question: What is the outlook for cash management and potential acquisitions? - The company is considering various options for capital allocation, including acquisitions and increasing dividends, while ensuring any acquisitions are accretive [70][72]

Core Viewpoint - SuperCom (SPCB) has secured a new electronic monitoring contract with a juvenile probation agency in Texas, marking its second contract win in the state and demonstrating its ability to scale quickly in new U.S. markets [1] Group 1: Contract Details - The new contract involves replacing the incumbent electronic monitoring technology provider and modernizing offender supervision capabilities [1] - SuperCom will deploy its GPS tracking solution and proprietary monitoring platform to enhance juvenile supervision programs, focusing on reliability, accuracy, and operational efficiency [1] - The contract operates on a simple recurring revenue model based on active daily units [1]

Core Insights - Abacus Global Management is set to deliver record results in 2025, with a focus on transitioning to a recurring revenue model and maintaining strong financial performance [1][4][30] Financial Performance - The company reported a year-over-year revenue growth of 124% and adjusted net income growth of 60% for the third quarter, achieving adjusted EBITDA growth of 127% with margins of 60% [3] - Full-year adjusted net income guidance has been raised to $80 million to $84 million, indicating a year-over-year growth of 72% to 81% [4] Business Strategy - Abacus is transitioning towards a more durable, recurring revenue model, with current fee-related earnings representing approximately 15% of total revenue, targeting 70% over time [9][10] - The company has completed a $50 million investment grade securitized product offering backed by life insurance assets, which is expected to enhance institutional distribution and lower the cost of capital [11][12] Investment Strategy - In 2026, Abacus will launch an asset-based finance strategy to accelerate assets under management (AUM) and fee-related earnings growth, targeting a $20 trillion-plus market opportunity [14][16] - The acquisition of AccuQuote enhances Abacus's digital life insurance origination capabilities, contributing to the overall growth strategy [17][18] Capital Allocation - The company has introduced an annual dividend of $0.20 per share and a share repurchase program, reflecting confidence in its ability to generate significant free cash flow [20] - Abacus's balance sheet is strong, with record cash generation and no need to raise additional equity for growth, ensuring no dilution for shareholders [22] Market Positioning - Abacus trades at a significant discount compared to peers, with a current valuation in the mid-single digit multiples despite delivering strong growth [23][24] - The company debuted on the New York Stock Exchange under the symbol ABX, marking its evolution as a diversified alternative asset manager [27][28]

Company Overview - PAR Technology Corporation operates in the technology sector, providing integrated software and hardware solutions for commercial and government markets, leveraging a recurring revenue model from cloud-based services and payment processing [5] - The company reported a market capitalization of $1.48 billion and a revenue of $440.45 million for the trailing twelve months (TTM), with a net income of -$84.62 million [4] Financial Performance - PAR Technology's annual recurring revenue (ARR) reached $298.4 million, reflecting a 22% year-over-year increase, with subscription revenue climbing 25% and adjusted EBITDA turning positive at $5.8 million [8] - Despite the growth in recurring revenue, the company reported a GAAP loss of $18.2 million in the last quarter, and its stock price has declined approximately 50% over the past year [9] Market Position - As of the latest filing, PAR Technology's shares were priced at $36.51, significantly underperforming the S&P 500, which increased by about 17% in the same period [3] - The company serves a diverse client base, including restaurant chains, convenience stores, retail operators, and U.S. federal agencies, particularly within the Department of Defense [7] Strategic Insights - PAR Technology is focused on building a larger recurring revenue base, but the stock continues to trade as if execution risks outweigh its growth potential [6] - The exit of Tremblant Capital Group from its position in PAR Technology highlights investor concerns regarding the company's ability to translate ARR scale into sustainable margins [10]