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Kyndryl Holdings, Inc. (KD) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - RGRD Law
Globenewswire· 2026-02-28 04:55
Core Viewpoint - Kyndryl Holdings, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims of materially misstated financial statements and inadequate internal controls during the class period from August 7, 2024, to February 9, 2026 [1][3]. Group 1: Class Action Details - The class action lawsuit is titled Brander v. Kyndryl Holdings, Inc., and it allows purchasers of Kyndryl's publicly traded securities during the specified class period to seek appointment as lead plaintiff by April 13, 2026 [1][5]. - Allegations include that Kyndryl's financial statements were materially misstated and that the company lacked adequate internal controls, which led to an inability to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 [3][4]. Group 2: Financial Impact and Company Response - On February 9, 2026, Kyndryl announced it would be unable to file its Quarterly Report on Form 10-Q on time, citing a review of its cash management practices and anticipated reporting of material weaknesses in internal controls [4]. - Following this announcement, Kyndryl's stock price fell by 55%, indicating a significant market reaction to the news [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit, highlighting its track record of recovering substantial amounts for investors in securities fraud cases [6].
DAVE INC (DAVE) Soars 11.6%: Is Further Upside Left in the Stock?
ZACKS· 2026-02-28 00:56
Group 1 - Dave Inc. (DAVE) shares increased by 11.6% to close at $192.33, supported by strong trading volume, contrasting with a 1.4% loss over the past four weeks [1] - The company is experiencing robust member growth, enhanced credit quality due to its CashAI underwriting system, and expanding margins, which bolster confidence in its long-term growth prospects [1] - DAVE is expected to report quarterly earnings of $3.50 per share, reflecting a year-over-year increase of 71.6%, with revenues projected at $164 million, up 62.5% from the previous year [2] Group 2 - The consensus EPS estimate for DAVE has remained stable over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] - DAVE currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong market confidence in the stock [3] - Byrna Technologies Inc. (BYRN), a competitor in the same industry, has seen a decline of 8.1% over the past month and currently holds a Zacks Rank of 4 (Sell) [4]
Amadeus IT Group SA Unsponsored ADR (AMADY) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2026-02-27 13:06
Amadeus IT Group SA Unsponsored ADR (AMADY) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +11.26%. A quarter ago, it was expected that this company would post earnings of $0.94 per share when it actually produced earnings of $0.98, delivering a surprise of +4.26%.Over the last four ...
TTEC Holdings (TTEC) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2026-02-27 01:40
TTEC Holdings (TTEC) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +22.08%. A quarter ago, it was expected that this customer engagement management company would post earnings of $0.25 per share when it actually produced earnings of $0.12, delivering a surprise of -52%.Over the last ...
Shareholders who lost money in shares of Ostin Technology Group Co., Ltd. (NASDAQ: OST) should contact Wolf Haldenstein immediately
Globenewswire· 2026-02-26 18:17
NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a class action lawsuit has been filed against Ostin Technology Group Co., Ltd. (NASDAQ: OST) (“Ostin” or the “Company”) inclusive on behalf of all persons and entities that purchased or otherwise acquired Ostin shares between May 11, 2025 and June 26, 2025, both dates inclusive (the "Class Period"). Investors have until April 17, 2026, to seek appointments as lead plaintiff. PLEASE CLICK HERE TO JOIN THE CA ...
JBTM or NPO: Which Is the Better Value Stock Right Now?
ZACKS· 2026-02-26 17:40
Investors with an interest in Technology Services stocks have likely encountered both JBT Marel (JBTM) and Enpro (NPO) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision t ...
Kyndryl Holdings, Inc. Stock Alert: KD Stockholders Who Lost Money Investing in the Company Should Contact Robbins LLP for Information on How to Recover Their Losses
Prnewswire· 2026-02-26 16:00
SAN DIEGO, Feb. 26, 2026 /PRNewswire/ --Â Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Kyndryl Holdings, Inc. (NYSE: KD) securities between August 7, 2024 and February 9, 2026. Kyndryl describes itself as a "technology services company, which engages in the provision of infrastructure services. ...
Gorilla Technology to Report Q4 Earnings: Here's What to Expect
ZACKS· 2026-02-26 15:51
Core Insights - Gorilla Technology Group Inc. (GRRR) is scheduled to report its fourth-quarter 2025 results on March 2, 2026, with adjusted earnings estimated at 30 cents per share and revenues at $34.75 million [1][6] - The full-year 2025 earnings estimate stands at 84 cents per share, reflecting a 113.7% year-over-year increase, while revenues are projected at $100.55 million, indicating a 34.7% growth from the previous year [2] Financial Performance - Over the past three quarters, GRRR has beaten earnings estimates once and missed twice [2] - The company has an Earnings ESP of 0.00% and a Zacks Rank of 2 (Buy), suggesting that the odds of an earnings beat are not favorable this time [3] Market Position and Growth Drivers - Gorilla Technology is expected to have closed Q4 2025 on a strong note, driven by sustained global demand for its AI-driven, security-focused solutions, particularly in AI infrastructure and public safety across various regions [5] - The company anticipates 2025 revenues between $100 million and $110 million, with adjusted EBITDA projected at $20 million to $25 million [6] Operational Efficiency - Select project milestones likely completed in Q4 are expected to have contributed to improved margins and a stronger cash position, as these phases are typically higher-margin components of long-cycle contracts [7] - The company is expected to have maintained disciplined operational control, with ongoing debt-reduction initiatives strengthening the balance sheet and tight cost management supporting profitability [8] Management Guidance - Management has previously guided for 2025 revenues of $100-$110 million, adjusted EBITDA of $20-$25 million, and adjusted net profit of $15-$20 million, alongside positive cash flow from operations [9]
Arbe Robotics Ltd. (ARBE) Reports Q4 Loss, Lags Revenue Estimates
ZACKS· 2026-02-26 15:46
分组1 - Arbe Robotics Ltd. reported a quarterly loss of $0.08 per share, which aligns with the Zacks Consensus Estimate, showing an improvement from a loss of $0.11 per share a year ago [1] - Industrial Tech Acquisitions posted revenues of $0.46 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 34.57%, compared to revenues of $0.1 million a year ago [2] - The stock of Industrial Tech Acquisitions has declined approximately 12.7% since the beginning of the year, while the S&P 500 has gained 1.5% [3] 分组2 - The earnings outlook for Industrial Tech Acquisitions is uncertain, with current consensus EPS estimates at -$0.08 on $1 million in revenues for the coming quarter and -$0.30 on $8 million in revenues for the current fiscal year [7] - The Zacks Industry Rank indicates that the Technology Services sector is in the bottom 36% of over 250 Zacks industries, suggesting potential underperformance compared to higher-ranked industries [8] - Bitfarms Ltd., another company in the same industry, is expected to report a quarterly loss of $0.05 per share, reflecting a year-over-year change of -266.7%, with revenues projected at $64.38 million, up 14.6% from the previous year [9]
Ocado upbeat on US prospects despite Kroger setback
Reuters· 2026-02-26 12:21
British technology and online grocery group Ocado is confident it can secure new U.S. deals even after key partner Kroger moved last year to close three of its robotic distribution centres, Ocado CEO ... ...