Ocean Power Technologies has delivered a WAM-V unmanned surface vehicle to Stevens Institute of Technology, fulfilling an order announced in June. The delivery, completed five weeks after the order, supports marine research initiatives and expands the company's presence in academic research markets. This milestone helps convert backlog into revenue and cash flow, demonstrating the company's operational strength and timely execution. Ocean Power Technologies sees academic research as a growth area with potential for recurring funding and long-term customer relationships.
Vertiv, a key AI infrastructure company, reported strong Q2 2026 results with 24.1% revenue growth and $1.52 adjusted EPS, beating estimates. Despite this, its stock fell over 27% in the past month due to volatility and concerns over sales sustainabi...
Fair Isaac Corp reported strong Q3 2026 results with a 26% revenue increase to $674 million and a 30% rise in net income to $237 million, driven mainly by a 41% revenue jump in its Scores segment and a 49% increase in B2B sales. The company’s annual ...
AXT, Inc. has secured a long-term supply deal with Lumentum Holdings, reinforcing its role in providing indium phosphide wafers for advanced tech products. The company projects a nearly 90% revenue increase, fueled by strong demand from the AI sector...
Sanofi has published its half-year financial report for the period ending June 30, 2026, available on its website and filed with regulatory authorities in France and the US. The report highlights Sanofi's strong business performance, including double...
Sanofi has published its financial report for the first half of 2026, available on its website and filed with the French financial authority (AMF). The biopharmaceutical company highlights its innovation in R&D and use of AI to drive long-term growth...
