Digi International reported strong Q3 results with earnings of $0.75 per share and revenue of $138.67 million, beating estimates. The company saw 29% revenue growth, a record adjusted EBITDA of $40 million, and $191 million in annual recurring revenue, signaling robust profitability and growth in its IoT business. Roth Capital raised the price target from $70 to $90 and maintained a Buy rating, reflecting confidence in Digi's outlook. This positive momentum is expected to continue as the company raised its Q4 financial guidance.
Bercor has introduced Bercor Pay, a USD Visa card designed for global consumers who frequently spend across borders. Launched on July 29, 2026, the card offers acceptance at millions of Visa merchants worldwide, supports Apple Pay and Google Pay, and...
Biogen has finalized its acquisition of RayThera Inc., a biotech company specializing in small-molecule therapies for immunology. This deal strengthens Biogen’s immunology portfolio by adding multiple assets aimed at treating immune-related condition...
Redwire Corporation reported better-than-expected Q2 results with a smaller loss of $0.09 per share and sales of $117 million, surpassing analyst estimates. The company achieved a record gross profit margin of 27.8% and a strong $542.1 million backlo...
Brighthouse Financial reported Q2 2026 earnings and revenue below analyst expectations, with earnings per share at $4.45 versus the $4.86 consensus and revenue of $2.11 billion below the $2.18 billion estimate. Despite these misses, the company saw a...
Arhaus reported record Q2 net revenue of $385 million, a 7.4% increase year-over-year, driven by strong customer demand and a 12.5% rise in comparable sales. Earnings per share of $0.28 beat estimates by 75%, supported by a 16.1% increase in gross ma...
