Mercury Systems reported strong Q3 fiscal 2026 results with record bookings of $348 million, a 73.7% increase year-over-year, and a book-to-bill ratio of 1.48. Revenue rose 11.5% organically to $236 million, while adjusted EBITDA increased 46.2% to $36 million. Despite a GAAP net loss of $3 million, the company’s backlog reached a record $1.6 billion, signaling robust demand and solid execution. Management highlighted better-than-expected growth and margin expansion, with a positive outlook supported by strong bookings and backlog.
STMicroelectronics announced a $1.5 billion issuance of new convertible senior bonds in two tranches, with maturities of 5 and 7 years, alongside the early repayment of $750 million of zero-coupon convertible bonds due in 2027. The new bonds offer fi...
Regentis Biomaterials shares surged over 500% intraday before falling 9.15% in after-hours trading following the company's announcement that it withdrew its Registration Statement for a public offering. The regenerative medicine firm decided not to p...
Elon Musk's SpaceX recently went public, raising questions about a potential IPO for its Starlink subsidiary. Data from prediction market Kalshi shows only a 7-10% chance of a Starlink IPO announcement before mid-2027. Meanwhile, Musk predicts SpaceX...
Goodfirms has published its 2026 rankings of top technology service providers across six categories: mobile app, software, web development, digital marketing, SEO, and AI development. These rankings are based on over 1.2 million verified client revie...
Alvotech announced a $152 million public offering and concurrent private placement of ordinary shares priced at $3.75 each. The public offering includes 22.7 million shares, with an option for underwriters to buy an additional 3.4 million shares. The...
