Silvercorp Metals Inc. posted record Q4 Fiscal 2026 revenue of $147.4 million, nearly doubling from the previous year, driven by a 183% increase in silver prices to $78.6/oz and solid production of 1.5 million ounces of silver and 2,623 ounces of gold. The company improved cash costs per ounce of silver to negative $1.92, reflecting more efficient mining methods, despite a 21% rise in sustaining costs due to higher taxes and capital spending. Adjusted EBITDA and net income also hit records, though a non-cash charge related to convertible notes led to a slight net loss. Silvercorp continues to invest heavily in growth projects including the El Domo mine and expanded mining permits, positioning for future production increases and maintaining a strong cash position of $422 million.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Experian PLC started its 2027 financial year with a 10% revenue increase in the first quarter, driven by strong demand in North America and Latin America. Organic growth was 7%, with North America growing 7% despite a 2% drop in consumer services due...
Gooch & Housego, a UK-listed photonics company specializing in precision optics for aerospace and defence, has agreed to a £345.6 million takeover by US private equity firm Arlington Capital Partners. The offer values the company at a 41.3% premium t...
Aave DAO has proposed an innovative mobile app that integrates fiat currency deposits, self-custody, and decentralized finance (DeFi) lending in one platform. This app allows users to convert fiat to stablecoins and earn yields without needing extern...
Analysts expect Netflix to report $12.6 billion in revenue for Q2 and $51.3 billion for the full year 2026. The operating margin forecast has been revised down from 33% to 32% due to anticipated higher expenses, with an expected operating profit of $...
