Sequans Communications announced preliminary Q1 2026 results showing revenue of $6.1 million, down 24.8% year-over-year, mainly due to lower license and services income. Despite a 45% increase in product sales, the company posted a net loss of $54.3 million, impacted by significant impairments and losses on Bitcoin investments used as collateral for convertible debt. CEO Georges Karam highlighted strong momentum in IoT semiconductor products and 5G developments, expecting sequential growth and a move toward cash-flow break-even. The company is focusing on simplifying its balance sheet and advancing its 5G roadmap as it prepares for growth in IoT connectivity.
Dycom Industries reported a record first quarter with contract revenues up 56.1% to $1.965 billion and adjusted net income nearly doubling to $134.3 million. The company raised its full-year fiscal 2027 revenue outlook to $7.38-$7.65 billion, driven ...
BrewDog, part of Tilray Brands, is rolling out a major summer campaign across the UK tied to the global football tournament. The campaign features a "Win a Year of Beer" contest with special cans hidden in over 2.8 million packs at major retailers, p...
Atea Pharmaceuticals announced Phase 1 results indicating their Hepatitis C treatment regimen, combining bemnifosbuvir and ruzasvir, has a low risk of drug-drug interactions with common medications like omeprazole and rosuvastatin. This supports easi...
Girard Sharp LLP is investigating potential securities claims for former Discover investors who received Capital One shares after Capital One acquired Discover in May 2025. Since the merger, Capital One's stock price has declined, leading to possible...
Sunshine Silver, a mining and refining company based in Idaho, is preparing for a $2.32 billion initial public offering on the New York Stock Exchange. The company aims to raise up to $330 million by selling 20 million shares priced between $13.50 an...
