Regal Rexnord reported a 6% increase in Q3 sales to $1.588 billion, driven by a 307% surge in data center sales. Despite this growth, the company posted a GAAP net loss of $12 million, mainly due to a $119 million goodwill impairment related to its autonomous mobile solutions business. Adjusted EBITDA rose 4% to $351 million, exceeding expectations. The company is exploring the sale of its autonomous mobile solutions segment and has updated its 2026 earnings guidance, lowering GAAP EPS but raising adjusted EPS forecasts.
Regal Rexnord's Q3 2026 results provide context for industrial sector activity. For readers following Industrials, here is Pluang's market snapshot as of Nov 03, 2026 18:42 WIB: Out of 135 US industrial stocks, 73 rose and 53 fell. Notable movers include Upwork Inc at USD 10.24 (+5.35%), Thomson Reuters Corp at USD 117.00 (-4.29%), and TORM plc at USD 41.50 (+4.22%).
Anavex Life Sciences appointed Terrie Kellmeyer, Ph.D., as President and CEO, also joining the Board. Kellmeyer, with over 30 years in biopharma, has led the company through key clinical milestones including FDA clearance for Fragile X syndrome trial...
Cardiff Oncology, a clinical-stage biotech company focusing on cancer therapies via PLK1 inhibition, announced it will present at the UBS Global Biopharma Conference on November 16-17, 2026. The company's CEO, Mani Mohindru, will deliver a fireside c...
Seyond Inc is enhancing its smart city solutions by integrating advanced LiDAR 3D sensing with AI-powered analytics and collaborations with Dell Technologies, NVIDIA, and AMSYS. This expansion supports improved safety, transportation, and infrastruct...
Stella-Jones Inc. announced a teleconference on November 4, 2026, at 10:00 AM EST to discuss its third-quarter 2026 financial results. The event is open to investors, analysts, and interested parties, with live streaming and phone access provided. A ...
Stella-Jones Inc. announced a conference call for November 4, 2026, at 10:00 AM EST to discuss its third quarter 2026 financial results. The call is open to investors, analysts, and interested parties and will be webcast live with a recording availab...
