Core Insights - Solitron Devices, Inc. reported a decline in revenue for the first quarter of fiscal 2026, consistent with the previous quarter, due to delays in order fulfillment. The company anticipates a sales increase by the end of the second quarter and a more stable revenue level in the third quarter [1][4] Financial Performance - Net sales decreased by 32% to approximately $2.70 million in the first quarter of fiscal 2026 compared to $3.97 million in the same quarter of fiscal 2025 [7] - Net bookings increased by 37% to $2.80 million in the first quarter of fiscal 2026, up from $2.04 million in the prior year [7] - The backlog rose by 94% to $18.26 million at the end of the first quarter of fiscal 2026, compared to $9.41 million at the end of the first quarter of fiscal 2025 [7] - The company reported a net loss of $0.34 million, or $0.16 per share, for the first quarter of fiscal 2026, compared to a net income of $0.59 million, or $0.28 per share, for the same quarter in fiscal 2025 [7][8] Investment Activities - The company invested $1.65 million for a 6.4% stake in CBE LLC, which acquired a 25% interest in CrossingBridge Advisors for $25.9 million. This investment is expected to yield a royalty of approximately 14.9% of CrossingBridge's revenue [3] Market Opportunities - The U.S. Air Force has requested an increase in AMRAAM production from 1,200 to 2,400 units annually by 2028, which is significant as AMRAAM is the largest defense program supplied by Solitron. However, this increase requires Congressional approval [4] - The company is seeing increased interest in new product development, particularly in silicon carbide, and has developed various prototypes for testing [5][4]

Imagine that um you are in the office and one of your friends sort of leans over to you and tells you that um please give me a few minutes. I'll be back shortly. And you know when somebody says that what do you expect.Maybe they going out to get coffee or going out for lunch. Right. That makes sense.But then they lean over and say, "I'm about to get married." Now, this actually happened to a friend of mine. Um, you know, he was in the office typing emails, has discussed, "Let's open back. I'll get back to y ...

EPA Administrator Lee Zeldin is presiding over a historic shift in the agency's priorities, which has disturbed some of its staffers https://t.co/7cy2GtBpUf ...

Generation's Aspirations & Recruitment Discrepancy - The generation was perceived to overwhelmingly desire Wall Street careers, but this didn't resonate with everyone [1] - Banks and consulting firms aggressively recruited college seniors, overshadowing opportunities in other sectors [2] - There was a lack of aggressive recruitment for teaching positions in under-resourced communities [3] Proposed Solution & Impact - A two-year commitment to teaching in under-resourced communities could channel energy to where it's most needed [3] - Prioritizing teaching over banking could shift the values and priorities of a generation [3] - Early teaching experience could change the consciousness of the country [4]

In March the Trump administration’s defence guidance declared America’s military priorities to be defending the homeland and preventing a Chinese invasion of Taiwan. It has only taken three months for events to impose a totally different reality https://t.co/phbnZVoJUw ...

Driven by Stable Legacy Sales and Ongoing Cost Savings InitiativesMARTINSVILLE, Va., June 12, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (the “Company” or “HFC”), a global leader in the design, production, and marketing of home furnishings for 101 years, today reported its operating results for its fiscal 2026 first quarter ended May 4, 2025. Key Results for the Fiscal 2026 First Quarter: The Company lowered its operating loss by $1.6 million, or 31%, from the prior year first ...

Inogen (INGN) Q1 2025 Earnings Call May 07, 2025 05:00 PM ET Company Participants None - ExecutiveRyan Peterson - Associate Director of Investor RelationsKevin Smith - CEO, President & DirectorMichael Bourque - Executive VP, CFO & TreasurerColin Clark - Associate VP - Healthcare Equity Research Conference Call Participants None - AnalystMike Matson - Senior Equity Research AnalystMargaret Kaczor Andrew - Research Analyst - Healthcare None Welcome to Inogen's First Quarter twenty twenty five Earnings Confere ...

Hagerty (HGTY) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Company Participants Jay Koval - SVP - IR & CommunicationsMcKeel Hagerty - Chairman & CEOPatrick McClymont - Chief Financial OfficerPablo Singzon - Executive Director Conference Call Participants None - AnalystMark Hughes - Analyst Operator Greetings, and welcome to the Hagerty First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. Question and answer session will follow the formal presentation. ...

Stepan Company (SCL) Q1 2025 Earnings Call April 29, 2025 08:00 AM ET Company Participants Samuel Hinrichsen - VP & Interim CFOLuis Rojo - President & CEODave Storms - Director of Equity ResearchDavid Silver - Senior MD & Director - Equity Research Conference Call Participants Mike Harrison - Managing Director and Senior Chemicals AnalystDmitry Silversteyn - Senior Research Analyst Operator Good morning, and welcome to the Stepan Company First Quarter twenty twenty five Earnings Conference Call. During the ...