Donald Trump’s tariff policies present a compelling opportunity for private credit, according to Marc Pinto, global head of private credit at Moody’s https://t.co/nLt4tYH0uq ...

Core Insights - Sono-Tek Corporation reported its fifth consecutive quarter of revenue exceeding $5 million, driven by a significant order completion in the advanced solar market valued at $2.95 million [1][2][3] - The company achieved a gross margin of 52%, an increase from 49% in the previous year, and operating income rose by 103% year-over-year [1][7] - Despite strong performance in the first half of FY 2026, the company maintains a cautious full-year revenue outlook due to uncertainties surrounding governmental clean energy incentives and tariff policies [2][5] Financial Performance - Net sales for the first quarter of FY 2026 reached $5.13 million, a 2% increase from $5.03 million in the same quarter of FY 2025 [7] - Gross profit increased to $2.7 million, up 9% from $2.5 million year-over-year, contributing to a gross margin expansion [7] - Operating income rose to $483 thousand, a 103% increase compared to $238 thousand in the first quarter of FY 2025 [7] - Net income for the quarter was $485 thousand, reflecting a 47% increase from $331 thousand in the prior year [7] Market and Product Insights - Sales in the Alternative/Clean Energy market increased by 42% year-over-year, driven by production-scale system shipments, including a high ASP order of $2.95 million [9] - Integrated Coating Systems sales surged by 309% to $3.05 million, primarily due to a repeat order for high ASP systems [8] - Multi-Axis Coating Systems sales declined by 75% to $677,000, attributed to reduced R&D funding in the clean energy sector following government policy shifts [8] Guidance and Outlook - The company expects continued revenue growth and strong profitability in the first half of FY 2026, supported by a backlog of $7.5 million [5][6] - Full-year revenue growth is anticipated to be relatively flat due to market adjustments in response to recent governmental policy changes [5][6] - The company remains focused on high ASP orders and is well-positioned to navigate potential short-term demand shifts [3][5] Balance Sheet Overview - As of May 31, 2025, Sono-Tek reported cash, cash equivalents, and marketable securities totaling $10.9 million, with no debt on its balance sheet [16] - Stockholders' equity stood at $18.3 million, reflecting a healthy financial position [16]

We're six months in, almost six months into Trump's second term. There's a couple things I at least know for sure. You probably do, too. Donald Trump has no understanding whatsoever of the economy. No interest in policym at all. No earthly clue what he's doing or what is even happening on most days. I mean, every day that fact becomes more and more inescapable. Just take Trump's on again, off-again tariff policies, which are back in the news today. Of course, remember it was only three months ago, just thre ...

proud to stand here with my colleagues today to officially launch our lowering costs caucus, a new caucus focused on a a broad coalition in Congress committed to one clear mission to make life more affordable for the American people. That was Democratic Congresswoman Hillary Scolton of Michigan launching the announcing the launch of the new lowering costs caucus yesterday. It's the latest effort by Democrats to reach and re-engage with voters after last year's elections, which saw Republicans take the White ...

Let's explore what's going on at UnitedHealth right now and dig into the details on what's driving investors to run for the hills. From there, I'll draw some parallels from other businesses that remind me of UnitedHealth's current situation to help asses where the stock could be one year from now. Shares of UnitedHealth Group have sold off considerably this year, as bad news surrounding the company continues to pile up. UnitedHealth Group (UNH 0.39%) has been one of the more interesting case studies in the ...

Industry Overview - Gold has gained approximately 26% year to date, currently trading near $3,030 per ounce, driven by geopolitical risks and a weaker U.S. dollar [1] - The Zacks Mining - Gold industry has increased by 39.1% year to date, outperforming the Zacks Basic Materials sector's 6.4% and the S&P 500's 0.7% [2] - Robust gold demand is anticipated to continue, with central banks expected to maintain a buying streak of over 1,000 tons [8] Demand and Supply Dynamics - Gold demand reached 1,206 tons in Q1 2025, the highest quarterly total since 2016, with central banks acquiring around 244 tons [4] - Investment demand surged 170% year over year to 552 tons, marking the strongest quarter since Q1 2022, driven largely by China [5] - Global gold ETFs saw inflows of 226.5 tons, with April marking the fifth consecutive monthly increase [6] Company Highlights Newmont - Newmont solidified its position as the world's largest gold producer after integrating Newcrest assets and is focusing on Tier 1 assets [10] - The company has a strong liquidity position and is pursuing several growth projects, including Tanami Expansion 2 and Ahafo North [11] - The Zacks Consensus Estimate for Newmont's 2025 earnings indicates a year-over-year growth of 12.6% [12] Agnico Eagle Mines - Agnico Eagle maintains a strong liquidity position and is advancing several projects expected to enhance production and cash flows [13] - The Zacks Consensus Estimate for Agnico Eagle's 2025 earnings suggests a year-over-year growth of 42.2% [14] Barrick Mining - Barrick Mining is well-positioned to benefit from key growth projects, including Goldrush and Pueblo Viejo plant expansion [15] - The Zacks Consensus Estimate for Barrick Mining's 2025 earnings indicates a year-over-year growth of 34.7% [17] Kinross Gold - Kinross Gold has a strong production profile and is advancing key development projects, including Great Bear and Round Mountain Phase X [19] - The Zacks Consensus Estimate for Kinross Gold's 2025 earnings suggests a year-over-year growth of 52.2% [21] New Gold - New Gold consolidated its interest in the New Afton mine to 100%, projecting a 37% increase in gold production between 2024 and 2027 [22] - The Zacks Consensus Estimate for New Gold's 2025 earnings indicates a year-over-year growth of 91.25% [24]

Cabot Corporation (CBT) recorded second-quarter fiscal 2025 (ended March 31, 2025) earnings of $1.69 per share, up from the year-ago quarter's earnings of $1.49.CBT posted adjusted earnings of $1.90 per share, up from the year-ago quarter figure of $1.78. It surpassed the Zacks Consensus Estimate of $1.86.The company’s net sales in the fiscal second quarter were $936 million, which missed the Zacks Consensus Estimate of $1,038.1 million. Net sales decreased around 8.2% from the prior-year quarter.(Find the ...

Tile Shop (TTSH) Q1 2025 Earnings Call May 08, 2025 09:00 AM ET Speaker0 Good morning, and welcome to the Quarter One twenty twenty five Tile Shop Holdings Incorporated Earnings Conference Call. This is Franz, and I'll be the operator assisting you today. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star then followed by the number one on your te ...

The Zacks Building Products - Miscellaneous industry continues to navigate challenges stemming from a weak real estate market and inflation-driven consumer uncertainty. The real estate market remained weak due to high mortgage rates, limited housing inventory, and affordability challenges, which deterred buyers and suppressed demand. Additionally, the industry is expected to face the heat arising from tariff-related cost inflation. Elevated input prices—particularly for iron, steel, and copper due to recent ...

Hyster-Yale Materials Handling (HY) Q1 2025 Earnings Call May 07, 2025 11:00 AM ET Company Participants Andrea Sejba - Director of Investor Relations & TreasuryRajiv Prasad - President and Chief Executive OfficerScott Minder - Senior VP, CFO & TreasurerAlfred Rankin - Executive Chairman Operator Good morning, ladies and gentlemen, and welcome to the Hyster Yale Inc. First Quarter twenty twenty five Earnings Call. At this time, all lines are in listen only mode. Following the presentation, we will conduct a ...