Bel Fuse Inc. announced a 25.1% increase in net sales to $210.7 million for Q2 2026 compared to the same period last year, with gross margins improving to 39.9%. GAAP net earnings were $25.5 million, while non-GAAP net earnings rose significantly to $39.1 million. The company raised $441.6 million through an equity offering, using part of the proceeds to pay down $197.5 million in debt and support future acquisitions, including completing the remaining 20% stake in Enercon in early 2027. For Q3 2026, Bel Fuse expects sales between $205 million and $225 million and gross margins of 39% to 41%, signaling confidence in continued market demand and growth opportunities, especially in defense and data solutions.
Aclarion, Inc. has updated the enrollment criteria for its CLARITY clinical trial to better reflect real-world chronic low back pain patients and accelerate patient recruitment. The revised criteria, approved at most active sites, expand the pool of ...
Zscaler CEO Jay Chaudhry has sold 2,852 shares of the company, generating $550,000 from the transaction. This sale could indicate personal financial planning or portfolio rebalancing by the CEO. Investors might watch for any further insider activity ...
Ascentis Independent Advisors has expanded by adding four advisory teams from Raymond James Financial Services, bringing over $1 billion in client assets. These teams, based in California and Colorado, chose Ascentis to access enhanced planning, inve...
Starknet is considering moving from Ethereum Layer 2 to its own Layer 1 blockchain to control and accelerate its security upgrades, particularly to prepare for quantum computing and AI threats. Currently dependent on Ethereum's security, Starknet aim...
Safe Pro Group Inc. has introduced SPAI Ground Truth, a five-layer AI software suite that integrates air and ground drone data to enhance battlefield situational awareness by detecting threats like landmines and ambush drones. The system has processe...
