Jack Henry & Associates posted a 7.1% increase in GAAP revenue and an 11.9% rise in GAAP EPS to $6.98 for fiscal year 2026, driven by growth in cloud services, digital transactions, and card revenue. Despite a 12.2% drop in Q4 operating income, full-year operating income grew 11.7%. The company repurchased $448 million in stock and ended the year with $12.1 million in cash and $40 million in debt. For fiscal 2027, Jack Henry expects continued revenue growth of around 6.3-7.3% and EPS between $7.33 and $7.38, supported by strong technology demand and AI innovation in financial services.
Bicara Therapeutics is progressing its Phase 3 trial of ficerafusp alfa for head and neck cancer, expecting interim results by mid-2027 that could support accelerated approval. The company holds nearly $500 million in cash and securities, funding ope...
Mercury Systems reported a Q4 EPS of $0.37, slightly below analyst estimates of $0.38, but exceeded revenue expectations with $289.78 million, a 6.1% increase year-over-year. The company showed robust demand with record bookings of $660 million and a...
Klarna shares dropped 22.81% after cutting its earnings outlook and announcing leadership changes, raising investor concerns. Fabrinet's stock fell 19.38% despite strong quarterly results due to a broader sell-off in AI infrastructure stocks. Leverag...
ProPhase Labs' stock soared 506.62% to $27.48 following a 1-for-4 reverse stock split aimed at consolidating shares and boosting price per share. Other notable gainers include Inpixon (+113%), Super League Gaming (+82%) after a major Bitcoin investme...
American Airlines is bringing back seatback entertainment screens and adding premium seats to its narrowbody jets starting in 2028. This move responds to traveler demand, especially from younger passengers, and aims to close the profit gap with compe...
