EnWave Corp is winding down its REVworx co-manufacturing operations to reduce annual operating costs by about $1 million, improving net income. This move reflects the maturity of its Radiant Energy Vacuum drying technology, reducing the need for internal manufacturing support. Savings will phase in through fiscal 2027, with full impact by 2028, lowering operating expenses to around $3.7 million. EnWave plans to sell related equipment worth $2 million and will continue leveraging its network of licensed partners for outsourced manufacturing. The company anticipates royalty collections of $3 million by 2027, supporting its operating costs and expecting growth in equipment sales despite uneven order timing.
IREN Limited is set to report earnings showing a significant revenue drop from $187.3 million to around $132-142 million year-over-year, with an expected loss per share of approximately -$0.55 compared to last year's profit. The company faces challen...
Real REMAX Group finalized its acquisition of RE/MAX Holdings on August 24, 2026, forming a combined company with over 180,000 agents worldwide. The new entity trades on Nasdaq under the ticker REAX and blends Real's technology platform with RE/MAX's...
Build-A-Bear Workshop reported Q2 earnings per share of $0.70, beating analyst estimates despite a decline from $0.94 last year. However, revenue fell 7.2% year-over-year to $115.29 million, missing expectations and leading to a lowered annual sales ...
Workday reported fiscal Q2 revenues of $2.649 billion, up 12.8% year-over-year, driven by a 13.9% increase in subscription revenues to $2.471 billion. Operating income improved to $313 million, supported by AI adoption which now influences over 25% o...
Autodesk reported a 16% year-over-year revenue increase to $2.05 billion in Q2 fiscal 2027, driven by strong sales across design and manufacturing segments and the recent acquisition of MaintainX. The company highlighted AI integration as a key growt...
