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LGBTQ+ dating app Grindr beats revenue estimates, bets on AI to drive growth
Yahoo Finance· 2026-02-26 21:09
By Kritika Lamba Feb 26 (Reuters) - Grindr on Thursday reported fourth-quarter revenue above estimates and expanded its share repurchase program by $400 million, as the LGBTQ+ dating app bets ‌on artificial intelligence-powered features to drive growth, sending its shares up about 4% ‌after the bell. The company also said it had entered a deal with its largest shareholder, Ray Zage. This includes ​an 18-month standstill agreement preventing him from initiating a "going private" transaction unless invit ...
Dell forecasts fiscal 2027 revenue above estimates on rising AI server demand
Reuters· 2026-02-26 21:09
Core Insights - Dell forecasts fiscal 2027 revenue to be between $138 billion and $142 billion, exceeding Wall Street's average estimate of $125.54 billion, driven by increasing demand for AI-optimized servers [4][5] - The company anticipates AI server revenue to grow by 103% to approximately $50 billion in fiscal 2027 [3][7] - Dell's shares rose about 6% in extended trading following the revenue forecast announcement [1] Financial Performance - Dell reported record revenue of $33.4 billion in the fourth quarter, surpassing estimates of $31.73 billion [6] - The adjusted earnings per share (EPS) for the fourth quarter was $3.89, exceeding the expected $3.53 [6] - Revenue from the infrastructure solutions group, which includes storage, software, and server offerings, increased by 73% to $19.60 billion, while the client solutions group revenue rose by 14% to $13.49 billion [6] Market Dynamics - Major tech firms, including Alphabet, Microsoft, Amazon, and Meta, are projected to invest at least $630 billion in AI infrastructure this year, which will enhance demand for vendors like Dell [2] - Rising memory chip costs and U.S. trade regulations have led Dell and HP to implement price increases to mitigate cost pressures [3] - Dell has over 4,000 AI server customers, including notable companies like Elon Musk's xAI and CoreWeave [4][7]
Nvidia’s “Sell the News” Reaction Drags Nasdaq Lower as AI Optimism Faces Reality Check
Stock Market News· 2026-02-26 21:07
The U.S. stock market experienced a significant pullback on Thursday, February 26th, 2026, as investors grappled with a "sell the news" reaction following the highly anticipated earnings report from the world’s leading artificial intelligence chipmaker. Despite reporting financial results that exceeded even the most optimistic forecasts, the tech-heavy Nasdaq led a broad market decline, highlighting growing concerns about the sustainability of current AI valuations and the potential for a spending plateau a ...
TTEC Announces Fourth Quarter and Full Year 2025 Financial Results
Globenewswire· 2026-02-26 21:05
Core Insights - TTEC Holdings, Inc. reported a net loss of $170.5 million in Q4 2025, primarily due to a non-cash goodwill impairment charge of $205.4 million, despite a slight revenue increase of 0.4% to $570.0 million [2][4][9] - For the full year 2025, the company experienced a revenue decline of 3.2% to $2.137 billion, with a net loss of $185.1 million, although non-GAAP net income was $52.8 million, representing 2.5% of revenue [3][4][13] - The company is optimistic about 2026, projecting revenue between $2.005 billion and $2.055 billion, with a focus on improving EBITDA and operating income margins [19][20] Financial Performance - Q4 2025 revenue was $570.0 million, up 0.4% from $567.4 million in Q4 2024, with a positive foreign exchange impact of $4.0 million [9] - Adjusted EBITDA for Q4 2025 was $62.2 million, or 10.9% of revenue, compared to $50.9 million, or 9.0% of revenue in the prior year [8][9] - Full year 2025 adjusted EBITDA was $213.7 million, or 10.0% of revenue, an increase from $202.3 million, or 9.2% of revenue in 2024 [11][13] Segment Performance - TTEC Digital reported Q4 2025 revenue of $125.5 million, a 9.2% increase year-over-year, but faced a significant loss from operations of $200.0 million [21] - TTEC Engage had Q4 2025 revenue of $444.5 million, a 1.8% decrease from the previous year, but improved its income from operations to $27.4 million, or 6.2% of revenue [21] Cash Flow and Balance Sheet - Cash flow from operations in Q4 2025 was positive at $2.6 million, a recovery from a negative $1.1 million in Q4 2024, with full year cash flow from operations at $121.1 million compared to a negative $58.8 million in 2024 [14] - As of December 31, 2025, TTEC had cash and cash equivalents of $82.9 million and total debt of $908.0 million, resulting in a net debt position of $825.1 million [14][15] Business Outlook - The company aims to enhance its EBITDA and operating income in 2026, with a commitment to higher value transformational engagements across its segments [19][20] - TTEC's guidance for 2026 includes projected revenue of $2.030 billion and non-GAAP adjusted EBITDA of $230 million, indicating a focus on margin expansion [20][22][23]
Caris Life Sciences Reports Fourth Quarter and Full Year 2025 Financial Results and Provides 2026 Outlook
Prnewswire· 2026-02-26 21:05
Core Insights - Caris Life Sciences reported a significant revenue growth of 97% for the full year 2025, driven by strong performance in molecular profiling services [1] - The company expects full year 2026 revenue to be in the range of $1.0 billion to $1.02 billion, indicating a growth of approximately 23% to 26% compared to 2025 [1] Financial Highlights - Fourth Quarter 2025 total revenue was $292.9 million, a 125% increase from $129.9 million in Q4 2024, primarily due to a 199% growth in molecular profiling services revenue [1][3] - Full Year 2025 total revenue reached $812.0 million, up from $412.3 million in 2024, with molecular profiling services revenue growing by 120% to $766.7 million [1][3] - Gross margin improved to 75% in Q4 2025 from 54% in Q4 2024, and for the full year, it was 66%, up from 43% in 2024 [1][3] Operating Performance - The company completed approximately 52,700 clinical therapy selection cases in Q4 2025, a 20% increase year-over-year, and around 199,300 cases for the full year, a 22% increase [1] - Positive net cash provided by operating activities was $44.8 million in Q4 2025, compared to a net cash used of $38.9 million in Q4 2024, marking a 215% improvement [1][3] Future Outlook - Caris anticipates clinical therapy selection volume to grow approximately 20% in 2026 compared to 2025 [1] - The company announced a collaboration with Genentech to discover novel therapeutic targets in cancers with high unmet clinical need [1]
Innodata Reports Fourth Quarter and Full Year 2025 Results
Accessnewswire· 2026-02-26 21:05
48% Full-Year Revenue Growth and Strong Q4 Results Anticipates ~35%+ Revenue Growth in 2026 with Expanding Customer Diversification Announces Innovations in Dataset Creation and Evaluations for LLMs, AI Agents, and Physical AI (Robotics) NEW YORK CITY, NY / ACCESS Newswire / February 26, 2026 / INNODATA INC. (Nasdaq:INOD) today reported results for the fourth quarter and the year ended December 31, 2025. ...
CCC Intelligent Solutions to Present at Morgan Stanley Technology, Media & Telecom Conference
Globenewswire· 2026-02-26 21:05
Core Insights - CCC Intelligent Solutions Holdings Inc. is a leading SaaS platform provider for the multi-trillion-dollar insurance economy [3] - The company will present at the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2026 [2] Company Overview - CCC Intelligent Solutions Inc. creates intelligent experiences for various stakeholders in the insurance industry, including insurers, repairers, automakers, and part suppliers [3] - The CCC Intelligent Experience (IX) Cloud™ platform connects over 35,000 businesses, enabling customized applications and optimal outcomes [3] - The company's technologies are designed to empower the industry to maintain continuity in critical situations [3]
TeraWulf Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-26 21:05
Contracted 522 critical IT MW totaling over $12.8 billion1 of revenue Secured full funding for contracted capacity with construction advancing in alignment with tenant deployment timelines Multi-year development pipeline enables targeted annual delivery of 250 - 500 critical IT MW through the end of the decade EASTON, Md., Feb. 26, 2026 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), an owner, developer, and operator of energy-advantaged digital infrastructure purpose-built f ...
ICF Reports Fourth Quarter and Full Year 2025 Results
Prnewswire· 2026-02-26 21:05
ICF Reports Fourth Quarter and Full Year 2025 Results [Accessibility Statement] Skip NavigationRevenues From Commercial, State & Local and International Government Clients Increased 16% in Q4; Up 14% for Full Year to Reach 57% of Annual RevenuesRevenues from Commercial Energy Clients Increased 23% in Q4; Up 24% for Full YearFavorable Mix and Effective Cost Management Drove Steady Year-on-Year Margin PerformanceGuidance Reflects a Return to Revenue and Earnings Growth in 2026Fourth Quarter Highlights:- Contr ...
Nvidia stock: Wall Street analysts stay bullish as traders balk
Yahoo Finance· 2026-02-26 21:03
Investors have been trained to expect Nvidia to be spectacular. Now, they’re punishing it for being familiar.And when Nvidia’s quarter is the clean part, the rest of the conversation gets loud fast — analysts, strategists, columnists, ETF shops, bears with a single scary datapoint, and long-term bulls who sound like they’re talking to the short-term tape from down the hall and through a closed door. So the post-Nvidia-earnings result is a split-screen: fundamentals that still look like a machine, and a stoc ...