AI filing briefs · archive

8-K filings in May 2026, explained

1,532 material Form 8-K filings that 1,214 companies we cover made with the SEC in May 2026, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).

Clear

59 of 1,532 briefs match

newest first · times in ET · page 1 of 2
SNDKSandisk Corp May 14, 8:10 PM ET

Sandisk Urges Holders to Reject Tutanota's Below-Market $1,150 Mini-Tender Offer

Neutral shareholder Written later 8.01

Sandisk said it does not endorse an unsolicited mini-tender offer by Tutanota LLC to buy up to 100,000 shares at $1,150.00 per share and recommended that stockholders not tender. The company said the offer is not affiliated with Sandisk and that its price is conditioned on the closing price exceeding $1,150.00, meaning tendering holders could receive a below-market price unless Tutanota waives the condition.

  • Tutanota offer: up to 100,000 shares at $1,150.00 per share, less than 0.07% of common stock as of April 24, 2026
  • Offer expires 5:00 p.m. Eastern Time, Wednesday, May 20, 2026, unless extended by Tutanota
  • Stockholders who already tendered may withdraw shares before expiration under the offering documents
Read the filing on SEC.gov ↗
COFCAPITAL ONE FINANCIAL CORP May 14, 5:32 PM ET

Capital One April 2026 domestic card net charge-off rate was 4.94%, 30+ day delinquencies 3.44%

Neutral other Written later 7.01

Capital One furnished its monthly charge-off and delinquency metrics for the month ended April 30, 2026, in Exhibit 99.1 of a Form 8-K filed May 14, 2026. The domestic credit card book recorded $1,042 million of net charge-offs, a 4.94% annualized rate, and $8,781 million of 30+ day performing delinquencies, a 3.44% rate. The filing contains no prior-period comparison, so it does not show whether these credit measures improved or worsened.

  • Domestic credit card net charge-offs of $1,042 million for April 2026, a 4.94% annualized rate on average loans of $253,124 million
  • Domestic credit card 30+ day performing delinquencies of $8,781 million, a 3.44% rate on period-end loans of $255,320 million
  • Consumer Banking auto net charge-off rate of 1.20% and nonperforming loan rate of 0.55%, with auto 30+ day delinquency rate of 4.02%
Read the filing on SEC.gov ↗

G-III to acquire Marc Jacobs operating business in 50/50 venture with WHP Global

Mixed m&a Written later 1.012.037.01

G-III Apparel Group signed agreements on May 14, 2026 to buy the global Marc Jacobs operating business, while WHP Global takes over licensing operations through a jointly owned intellectual property venture. G-III said it will fund its approximately $500 million investment with cash on hand and revolving credit borrowings, and that the deal is expected to be dilutive for the first 12 months after closing, with accretion expected thereafter.

  • G-III's investment is approximately $500 million, funded with cash on hand and revolving credit facility borrowings.
  • The deal is expected to be dilutive during the first 12 months after closing, with accretion expected thereafter.
  • Closing is subject to conditions including regulatory approval and is expected in G-III's fiscal third quarter of 2027.
  • Either party may terminate if closing has not occurred by the six-month anniversary of signing, subject to a possible 60-day extension for antitrust approvals.
Read the filing on SEC.gov ↗
CVMCEL SCI CORP May 14, 5:16 PM ET

CEL-SCI signs Saudi Arabia Multikine distribution deal with Amarox, 50/50 revenue share

Neutral product/contract Written later 1.01

CEL-SCI entered a strategic partnership, distribution, and revenue sharing agreement with Amarox covering regulatory affairs, marketing, and potential commercialization of Multikine for head and neck cancer in Saudi Arabia. The companies will share net revenue from Saudi sales 50%/50%, but the filing gives no dollar amounts, and Multikine is not yet approved for sale in any market.

  • Agreement announced May 11, 2026; 8-K dated May 14, 2026
  • Net revenue from Multikine sales in Saudi Arabia to be shared 50%/50%, with the revenue share tied to receipt of Breakthrough Medicine Designation from the SFDA
  • Amarox to act as local regulatory representative and to become exclusive commercial distributor upon SFDA approval, with an optional extension to GCC countries
Read the filing on SEC.gov ↗
TYLTYLER TECHNOLOGIES INC May 14, 5:13 PM ET

Tyler Technologies issues $1.44 billion in 0.50% convertible notes due 2031

Neutral financing Written later 1.012.033.028.01

Tyler Technologies closed a $1,437,500,000 offering of 0.50% convertible senior notes due July 15, 2031, including the full exercise of the initial purchasers' option. The company used about $320.7 million of the net proceeds to repurchase 1,026,900 shares and about $187.2 million to fund capped call transactions, which raise the effective conversion price to about $655.77 per share. The filing says the capped calls are expected to reduce potential dilution to shareholders, but the notes add $1.44 billion of debt.

  • Notes: $1,437,500,000 principal, 0.50% interest, maturing July 15, 2031, issued May 14, 2026
  • Initial conversion price about $405.94 per share, a premium of about 30% over the $312.27 closing price on May 11, 2026
  • About $320.7 million of net proceeds used to repurchase 1,026,900 shares; CEO Lynn Moore cited about 2.1 million shares repurchased year to date for about $667 million
  • Net proceeds about $1,408.1 million; about $187.2 million used for capped call transactions
Read the filing on SEC.gov ↗
GEFGREIF, INC May 14, 5:09 PM ET

Greif replaces $275 million receivables facility with $200 million PNC facility

Neutral financing Written later 1.011.022.032.04

On May 11, 2026, Greif's U.S. subsidiaries replaced their $275 million receivables financing facility, which was set to mature May 15, 2026, with a $200 million facility led by PNC Bank, National Association, as agent. The filing says the prior facility was terminated by mutual consent with no material early termination penalty, and that the new facility's commitment termination date is May 11, 2027. The new facility is smaller than the one it replaced, and the company has guaranteed the subsidiaries' performance under it.

  • Fourth Amended and Restated Transfer and Administration Agreement dated May 11, 2026, with PNC Bank, National Association, provides for a $200 million Receivables Facility.
  • Existing Third Amended and Restated Transfer and Administration Agreement with Bank of America, N.A., provided for a $275 million facility; it was terminated May 11, 2026, with obligations satisfied by the new facility.
  • Commitment termination date is May 11, 2027; Greif Funding may terminate at any time on five days' prior written notice.
  • Facility bears variable interest tied to SOFR or a base rate plus a margin, payable monthly, and is secured by certain U.S. trade receivables.
Read the filing on SEC.gov ↗

Martin Marietta shareholders elect 10 directors and approve stock-based award plan

Neutral shareholder Written later 5.025.07

At its annual meeting on May 14, 2026, Martin Marietta shareholders elected all ten director nominees to one-year terms and approved the Amended and Restated Stock-Based Award Plan, which the board adopted on February 19, 2026. Shareholders also ratified PricewaterhouseCoopers LLP as auditor for 2026 and approved, on an advisory basis, the compensation paid to named executive officers.

  • Ten directors elected to one-year terms; Dorothy M. Ables drew the most votes against at 2,225,718
  • Stock-based award plan approved with 51,804,036 votes for and 592,460 against
  • Advisory vote on executive compensation approved with 51,322,167 votes for and 960,974 against
  • Quorum of 54,913,555 of 60,256,208 eligible shares (91%) was present at the meeting
Read the filing on SEC.gov ↗
PXLWPIXELWORKS, INC May 14, 5:06 PM ET

Pixelworks posts $80.6 million Q1 net income on Shanghai sale; operating loss widens

Mixed earnings Written later 2.02

Pixelworks reported first-quarter 2026 results, with net income of $80.6 million driven by a $85.2 million gain from discontinued operations tied to the January sale of its Shanghai subsidiary. Revenue was about $446,000, up from zero a year earlier, but the loss from continuing operations widened to $4.6 million from $2.8 million, including $2.0 million of restructuring costs. Shareholders also get a $5 million buyback authorization and cash of about $58 million with no debt.

  • Net income attributable to Pixelworks was $80.6 million, or $12.69 per basic share, versus a net loss of $7.8 million a year earlier.
  • Revenue was $446,000 versus zero in Q1 2025; loss from operations was $4.9 million versus $3.1 million.
  • Restructuring expense was $2.0 million; cash and cash equivalents were $57.8 million at March 31, 2026, with no debt.
  • The Board authorized a $5 million stock repurchase program on March 30, 2026, beginning May 15, 2026; the company targets cash operating expenses of about $2 million per quarter from Q2.
Read the filing on SEC.gov ↗
CVRCHICAGO RIVET & MACHINE CO May 14, 5:04 PM ET

Chicago Rivet suspends quarterly dividend; shareholders re-elect seven directors

Negative shareholder Written later 5.078.01

Chicago Rivet & Machine Co. said on May 14, 2026 that its Board approved a temporary suspension of the quarterly cash dividend, to redirect cash toward production capacity, newly awarded products and sales efforts. The filing gives no dividend amount and no financial results, and says the Board will revisit dividend policy as conditions evolve. Shareholders also re-elected all seven directors and ratified Cherry Bekaert LLP as auditor for 2026 at the May 12 annual meeting.

  • Board approved a temporary suspension of the quarterly cash dividend, announced May 14, 2026; the filing gives no dividend amount.
  • Stated reasons: meeting production requirements, launching recently awarded products, and investing in business development.
  • Annual meeting held May 12, 2026: all seven director nominees elected to terms ending at the 2027 annual meeting.
  • Cherry Bekaert LLP ratified as independent registered public accounting firm for 2026: 727,269 votes for, 5,655 against, 18,806 abstentions.
Read the filing on SEC.gov ↗
RITMRithm Capital Corp. May 14, 4:48 PM ET

Rithm Capital closes $500 million 8.500% senior notes due 2031

Neutral financing Written later 1.012.03

Rithm Capital Corp. closed a private offering of $500 million in 8.500% senior unsecured notes due June 1, 2031, on May 14, 2026. The company intends to use the net proceeds for general corporate purposes, which may include repaying certain indebtedness, and the notes add to its debt obligations.

  • Principal amount of $500 million; interest at 8.500% per year, paid semi-annually on June 1 and December 1, starting December 1, 2026
  • Notes mature June 1, 2031; the company may redeem before June 1, 2028 at a make-whole premium
  • Indenture requires total unencumbered assets of at least 120% of unsecured indebtedness and includes a 101% repurchase right on a change of control
  • Trustee is U.S. Bank Trust Company, National Association; the notes are not guaranteed by subsidiaries and have not been registered under the Securities Act
Read the filing on SEC.gov ↗

Pinnacle Financial Partners sells $750 million of 5.596% senior notes due 2032

Neutral financing Written later 1.01

Pinnacle Financial Partners agreed on May 12, 2026 to sell $750 million of 5.596% Fixed Rate / Floating Rate Senior Notes due 2032 to underwriters led by Morgan Stanley, RBC Capital Markets and Goldman Sachs, under an existing shelf registration. The company expects the offering to close on May 19, 2026, subject to customary conditions. The filing does not describe how the proceeds will be used.

  • Principal amount: $750 million of senior notes due 2032, with a 5.596% fixed rate/floating rate structure
  • Underwriting Agreement dated May 12, 2026 with Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Goldman Sachs & Co. LLC as representatives
  • Expected closing date: May 19, 2026, subject to customary closing conditions
Read the filing on SEC.gov ↗
VLYVALLEY NATIONAL BANCORP May 14, 4:33 PM ET

Valley National Bancorp issues $500 million subordinated notes due 2036

Neutral financing Written later 1.012.038.01

Valley National Bancorp completed the sale of $500 million of 6.219% fixed-to-floating rate subordinated notes due June 1, 2036, on May 14, 2026. The company estimates net proceeds of about $494.1 million and intends to use the proceeds to redeem its $300 million 3.00% notes due 2031, which it will redeem in full on June 15, 2026 at par plus accrued interest.

  • Notes priced at $500 million, 6.219% fixed until June 1, 2031, then three-month term SOFR plus 243 basis points
  • Estimated net proceeds of approximately $494.1 million after underwriting discounts and expenses
  • Company will redeem its $300 million 3.00% subordinated notes due 2031 in full on June 15, 2026 at 100% of principal plus accrued interest
  • Notes are intended to qualify as Tier 2 capital for regulatory purposes
Read the filing on SEC.gov ↗
FTVFortive Corp May 14, 4:32 PM ET

Fortive completes $1.1 billion notes offering due 2031 and 2036

Neutral financing Written later 1.012.038.01

Fortive completed an underwritten offering of $600 million of 4.750% notes due 2031 and $500 million of 5.250% notes due 2036, both dated May 14, 2026. The company plans to use the net proceeds mainly to refinance debt, including repaying at maturity its 3.150% senior notes due June 15, 2026.

  • $600 million of 4.750% notes mature May 15, 2031; $500 million of 5.250% notes mature May 15, 2036
  • Proceeds are intended to refinance indebtedness, including the 3.150% senior notes due June 15, 2026, plus related fees and general corporate purposes
  • Interest is paid semi-annually from November 15, 2026; a change of control plus rating event triggers an offer to repurchase at 101% of principal
Read the filing on SEC.gov ↗
RNRRENAISSANCERE HOLDINGS LTD May 14, 4:31 PM ET

RenaissanceRe CFO Robert Qutub to retire; Matthew Neuber to succeed him January 1, 2027

Neutral leadership Written later 5.027.01

RenaissanceRe said CFO Robert Qutub and Chief Portfolio Officer Ross Curtis will retire effective December 31, 2026. Matthew Neuber, the company's current Senior Vice President, Senior Financial Officer and Corporate Treasurer, will become Executive Vice President, Chief Financial Officer and Corporate Treasurer on January 1, 2027. The filing contains no financial results, and both retiring executives will stay on as strategic advisors for a transition period.

  • Robert Qutub retires as CFO effective December 31, 2026; he will remain a strategic advisor through December 31, 2027
  • Matthew Neuber, age 40, has been Corporate Treasurer since 2019 and joined the company in 2014
  • Ross Curtis retires as Chief Portfolio Officer effective December 31, 2026; he will advise through June 30, 2027
  • David Marra, Group Chief Underwriting Officer, will oversee Curtis's responsibilities
Read the filing on SEC.gov ↗
BOOMDMC Global Inc. May 14, 4:31 PM ET

DMC Global stockholders approve 2025 Omnibus Incentive Plan amendment at May 13 meeting

Neutral shareholder Written later 5.025.07

At its 2026 Annual Meeting on May 13, 2026, DMC Global stockholders elected six directors, approved the amended and restated 2025 Omnibus Incentive Plan, approved the non-binding say-on-pay vote, and ratified Ernst & Young LLP as auditor for fiscal 2026. The plan change sets the equity incentive framework for executives and directors, and the filing reports the vote totals for each item.

  • Six directors elected to serve until the 2027 Annual Meeting, including James O'Leary, John R. Doubman, Ruth I. Dreessen, Michael A. Kelly, Ouma Sananikone and Sharon S. Spurlin
  • Amended 2025 Omnibus Incentive Plan approved with 10,587,905 votes for and 1,065,232 against
  • Say-on-pay vote approved with 9,469,670 votes for and 1,525,877 against; Ernst & Young LLP ratified with 17,008,812 votes for and 751,613 against
Read the filing on SEC.gov ↗
MSFTMICROSOFT CORP May 14, 4:28 PM ET

Microsoft appoints Carmine Di Sibio, former EY global chairman and CEO, to board

Neutral leadership Written later 5.02

Microsoft's board appointed Carmine Di Sibio, former global chairman and CEO of EY, as a director effective May 13, 2026, expanding the board to 13 members. The filing describes a board addition with no financial results or operating figures attached, so it has no direct effect on reported performance.

  • Carmine Di Sibio appointed to the board effective May 13, 2026; board expanded to 13 members
  • He will serve on the Audit Committee and Compensation Committee
  • Receives the same director compensation as other non-employee directors, per the 2025 Proxy Statement
  • Microsoft will enter into its standard director indemnification agreement with him
Read the filing on SEC.gov ↗
PARRPAR PACIFIC HOLDINGS, INC. May 14, 4:26 PM ET

Par Pacific closes $500 million senior notes offering, expands ABL to $1.8 billion

Neutral financing Written later 1.012.037.01

Par Petroleum, a wholly owned subsidiary of Par Pacific Holdings, closed a $500 million private placement of 7.375% senior notes due 2034 and entered into a New ABL revolving credit facility of up to $1.8 billion maturing May 14, 2031. The company said it used the notes proceeds, cash on hand and ABL borrowings to repay and terminate Par Petroleum's term loan due 2030. The filing contains no earnings or guidance figures, so the changes mainly affect the company's debt structure and maturities.

  • Notes: $500 million of 7.375% senior unsecured notes due June 1, 2034, sold in a private placement
  • New ABL: up to $1.8 billion senior secured revolver, with a $500 million incremental facility subject to lender commitments, maturing May 14, 2031
  • Proceeds, cash on hand and ABL borrowings were used to repay all of the term loan due 2030 and terminate it
Read the filing on SEC.gov ↗
HHSHARTE HANKS INC May 14, 4:24 PM ET

Harte Hanks Q1 revenue falls 10.3% to $37.3 million; net loss widens

Negative earnings Written later 2.02

Harte Hanks reported first quarter 2026 results, with revenue of $37.3 million, down 10.3% from $41.6 million a year earlier. The company posted an operating loss of $768 thousand and a net loss of $0.6 million, or $0.08 per share, compared with a net loss of $0.4 million, or $0.05 per share, in the prior-year quarter, so shareholders saw both lower sales and a larger loss.

  • Q1 2026 revenue was $37.3 million, down 10.3% from $41.6 million in Q1 2025.
  • Operating loss was $768 thousand, compared with a $40 thousand loss a year earlier.
  • Net loss was $0.6 million, or $0.08 per basic and diluted share, versus $0.4 million, or $0.05 per share, in Q1 2025.
  • Cash was $4.5 million at March 31, 2026, with no outstanding debt and $24.3 million of credit line capacity.
Read the filing on SEC.gov ↗
CWKCushman & Wakefield Ltd. May 14, 4:22 PM ET

Cushman & Wakefield shareholders approve 2026 incentive plan, elect three directors

Neutral shareholder Written later 5.025.07

At its May 14, 2026 annual meeting, Cushman & Wakefield shareholders approved the 2026 Omnibus Share and Cash Incentive Plan, which replaces the company's two prior incentive plans. The plan sets an initial pool of 12,150,000 common shares plus 291,984 shares previously available under the prior plans for awards. Shareholders also elected three directors, appointed KPMG LLP as auditor for 2026, and approved the non-binding say-on-pay vote.

  • 2026 Plan approved with 191,432,616 votes for, 17,159,619 against, 72,337 abstentions and 11,469,542 broker non-votes
  • Initial share pool of 12,150,000 common shares plus 291,984 carried over from the prior plans as of May 14, 2026
  • Say-on-pay approved with 203,900,649 for and 4,706,771 against; future advisory votes will be held annually
  • KPMG LLP appointed as independent auditor for the year ending December 31, 2026, with 218,134,007 votes for
Read the filing on SEC.gov ↗
VZVERIZON COMMUNICATIONS INC May 14, 4:21 PM ET

Verizon closes $4 billion junior subordinated notes sale due 2056 and 2058

Neutral financing Written later 8.01

Verizon closed the sale of $4 billion of junior subordinated notes on May 14, 2026, split evenly between two series. The filing is administrative: it files the note forms as exhibits to an existing Form S-3 shelf registration effective August 29, 2025.

  • $2 billion of 6.050% Fixed-to-Fixed Rate Junior Subordinated Notes due 2058 sold
  • $2 billion of 6.200% Fixed-to-Fixed Rate Junior Subordinated Notes due 2056 sold
  • Notes sold under purchase agreement with BNP Paribas, Goldman Sachs, J.P. Morgan, Morgan Stanley, Wells Fargo and others
Read the filing on SEC.gov ↗

Academy Sports issues $500 million senior secured notes due 2031 to refinance debt

Neutral financing Written later 1.011.022.037.01

Academy, Ltd., a subsidiary of Academy Sports and Outdoors, closed a $500 million private placement of 5.875% senior secured notes due 2031 on May 14, 2026. Proceeds will redeem its 2027 senior secured notes, prepay its $400 million term loan, and fund fees and general corporate purposes, and the company also amended its ABL credit facility to extend its maturity to May 14, 2031.

  • $500 million of 5.875% senior secured notes due May 15, 2031, issued May 14, 2026 in a private placement
  • Proceeds used to redeem all outstanding senior secured notes due 2027 and prepay all amounts under the $400 million term loan with UBS AG, Stanford Branch
  • ABL credit facility maturity extended to May 14, 2031 under an amendment with JPMorgan Chase Bank, N.A. as administrative agent
Read the filing on SEC.gov ↗
MGMMGM Resorts International May 14, 4:19 PM ET

MGM Resorts' MGM China unit sells $750 million of 6.25% senior notes due 2033

Neutral financing Written later 1.012.03

MGM China Holdings Limited, a consolidated subsidiary of MGM Resorts International, issued $750 million of 6.25% senior notes due 2033 on May 13, 2026, under an indenture with Wilmington Savings Fund Society, FSB, as trustee. The company expects about $739.9 million in net proceeds to repay part of its revolving credit facility and for general corporate purposes, and the filing describes the debt as a new direct financial obligation.

  • Principal: $750 million aggregate, 6.25% senior notes due 2033, issued May 13, 2026
  • Estimated net proceeds: approximately $739.9 million after fees and expenses
  • Use of proceeds: repay a portion of revolving credit facility borrowings and general corporate purposes
  • Interest payable in cash on May 15 and November 15, beginning November 15, 2026
Read the filing on SEC.gov ↗

Idaho Strategic Q1 revenue rises 98.97% to $14.5 million; net income $6.4 million

Positive earnings Written later 7.01

Idaho Strategic Resources reported record first-quarter 2026 results for the period ended March 31, 2026, in a press release furnished under Item 7.01. Revenue, net income attributable to the company and earnings per share all rose sharply from the year-earlier quarter, though all-in sustaining cost per ounce also increased and the company plans to capitalize a portion of exploration expenses quarterly going forward.

  • Revenue rose 98.97% to $14,482,286 from $7,278,536 a year earlier.
  • Net income attributable to the company was $6,387,992, up 297.02% from $1,608,979; EPS was $0.40 versus $0.12.
  • All-in sustaining cost per ounce rose 30.55% to $1,868.07 from $1,430.90.
  • The company capitalized approximately $960,713 of core drilling costs at the Golden Chest, compared with $0 in the prior-year period.
Read the filing on SEC.gov ↗
DWSNDAWSON GEOPHYSICAL CO May 14, 4:15 PM ET

Dawson Geophysical Q1 revenue rises 128% to $36.7 million; net income $7.7 million

Positive earnings Written later 2.02

Dawson Geophysical reported unaudited first quarter 2026 results, with total revenue up 128% from a year earlier and net income of $7.7 million, or $0.25 per share, versus $0.03 per share a year earlier. The company said high equipment utilization drove the gains, though operating cash flow was negative $0.5 million in the quarter.

  • Total revenue of $36.7 million for the quarter ended March 31, 2026, up from $16.1 million a year earlier
  • Net income of $7.7 million, or $0.25 per diluted share, compared with $1.0 million, or $0.03 per share, in Q1 2025
  • Adjusted EBITDA of $10.9 million, up from $2.3 million; cash used in operating activities was $0.5 million
  • Cash of $1.4 million at March 31, 2026; working capital of $0.4 million versus a $5 million deficit at December 31, 2025
Read the filing on SEC.gov ↗

DFIN names Ken Napolitano chief revenue officer; Craig Clay to leave

Neutral leadership Written later 5.025.078.01

DFIN said Ken Napolitano will join on June 1, 2026 as its first Chief Revenue Officer, with experience scaling commercial organizations in financial data and technology. Craig Clay, President of Global Capital Markets and a named executive officer, is transitioning out of that role and will serve as an advisor through December 31, 2026. At its May 13, 2026 annual meeting, shareholders elected all nine director nominees and approved the advisory executive compensation resolution and the Deloitte & Touche LLP appointment.

  • Ken Napolitano starts June 1, 2026 as Chief Revenue Officer; previously Chief Revenue Officer of Preqin
  • Craig Clay's employment ends December 31, 2026; he receives contractual, previously disclosed payments under the Executive Severance Plan
  • Eric Johnson moves from overseeing Global Investment Companies to a newly created President, Key Accounts role
  • Shareholders approved executive compensation with 22,326,855 for and 486,473 against
Read the filing on SEC.gov ↗
CBUSCibus, Inc. May 14, 4:11 PM ET

Cibus Q1 revenue rises to $1.7 million; net loss narrows to $21.2 million

Positive earnings Written later 2.02

Cibus reported first-quarter 2026 results, with revenue of $1.7 million, up from $1.0 million a year earlier, and a net loss of $21.2 million, down from $49.4 million. The prior-year loss included a $21.0 million goodwill impairment, and the company also pushed its U.S. Rice launch target from 2028 to 2029.

  • Revenue was $1.7 million for the quarter ended March 31, 2026, versus $1.0 million a year earlier.
  • Net loss was $21.2 million, or $0.33 per share, compared with $49.4 million, or $1.34 per share, a year earlier.
  • The year-earlier period included a $21.0 million goodwill impairment; none was recorded in Q1 2026.
  • Cash and cash equivalents were $30.3 million at March 31, 2026, which the company expects to fund operations into late in the first quarter of 2027.
Read the filing on SEC.gov ↗
BOOTBoot Barn Holdings, Inc. May 14, 4:08 PM ET

Boot Barn Q4 sales rise 18.7% to $538.8 million; EPS $1.45 vs. $1.22 a year earlier

Positive earnings Written later 2.027.01

Boot Barn reported fiscal fourth-quarter and full-year fiscal 2026 results ended March 28, 2026, with net sales and diluted earnings per share both higher than the prior year. The company also issued fiscal 2027 guidance calling for total sales of $2.578 billion to $2.623 billion and diluted EPS of $8.21 to $8.64, with a first-quarter EPS range of $1.62 to $1.71.

  • Q4 net sales rose 18.7% to $538.8 million; consolidated same store sales rose 6.1%
  • Q4 net income was $44.4 million, or $1.45 per diluted share, versus $1.22 a year earlier
  • Fiscal 2026 net sales were $2.254 billion, up 17.9%; net income was $225.9 million, or $7.35 per diluted share
  • Fiscal 2027 guidance: sales of $2.578 billion to $2.623 billion and diluted EPS of $8.21 to $8.64; first-quarter EPS guidance of $1.62 to $1.71
Read the filing on SEC.gov ↗

Sixth Street Specialty Lending prices $300 million of 5.650% notes due 2031

Neutral financing Written later 1.012.038.01

Sixth Street Specialty Lending closed a $300 million offering of 5.650% unsecured notes maturing August 15, 2031, under a Third Supplemental Indenture dated May 14, 2026. The company expects to use the proceeds to pay down its revolving credit facility and for general corporate purposes, including new investments. The filing adds a fixed-rate debt obligation to the company's balance sheet, with interest paid semiannually starting February 15, 2027.

  • Principal amount: $300 million of 5.650% notes due August 15, 2031
  • Interest payable semiannually on February 15 and August 15, starting February 15, 2027
  • Proceeds expected to repay revolving credit facility debt and fund general corporate purposes, including new investments
  • Offering closed May 14, 2026, after underwriting agreement with BofA Securities dated May 7, 2026
Read the filing on SEC.gov ↗
LINKINTERLINK ELECTRONICS INC May 14, 4:07 PM ET

Interlink Electronics Q1 revenue rises 15% to $3.07 million; net loss narrows

Positive earnings Written later 2.02

Interlink Electronics reported first-quarter 2026 revenue of $3.07 million, up 15.4% from $2.66 million a year earlier, and gross margin rose to 43.5% from 35.6%. The net loss narrowed to $338,000 from $805,000, so headline revenue and profit measures both improved for shareholders. The company also said it recently announced a non-binding letter of intent to acquire an unnamed provider of high-performance manufacturing solutions.

  • Revenue rose 15.4% to $3.07 million in the quarter ended March 31, 2026, from $2.66 million a year earlier, driven by higher shipments of force-sensing and printed electronics products.
  • Net loss was $338,000, compared with $805,000 in the first quarter of 2025; diluted loss per share was $(0.02) versus $(0.06).
  • Gross margin was 43.5%, up from 35.6%, which the company attributed to higher revenue and product mix changes.
  • The company recently announced a non-binding letter of intent to acquire an established provider of manufacturing solutions; the filing does not name the target or give terms.
Read the filing on SEC.gov ↗
FIGFigma, Inc. May 14, 4:07 PM ET

Figma Q1 revenue rises 46% to $333.4 million; raises full-year revenue guidance

Mixed earnings Written later 2.02

Figma reported first-quarter 2026 results on May 14, 2026, with revenue of $333.4 million, up 46% year over year and above its prior first-quarter guidance range. The company raised its full-year 2026 revenue guidance by $55 million, but its GAAP net loss was $142.4 million, compared with net income of $44.9 million a year earlier, so shareholders face a mixed picture of stronger sales and outlook alongside a larger GAAP loss.

  • Q1 2026 revenue was $333.4 million, up 46% year over year, versus 40% growth in Q4 2025.
  • Full-year 2026 revenue guidance is $1.422 billion to $1.428 billion, a $55 million raise; non-GAAP operating income guidance is $125.0 million to $135.0 million.
  • Second-quarter 2026 revenue outlook is $348.0 million to $350.0 million.
  • GAAP net loss was $142.4 million, or $(0.27) per share, versus net income of $44.9 million in Q1 2025; non-GAAP net income was $56.5 million.
Read the filing on SEC.gov ↗
AQMSAqua Metals, Inc. May 14, 4:06 PM ET

Aqua Metals Q1 net loss narrows to $3.95 million; Lion Energy deal dropped

Positive earnings Written later 2.02

Aqua Metals reported a first quarter 2026 net loss of $3.95 million, or $1.22 per share, down from $8.32 million, or $10.27 per share, in the first quarter of 2025. The company also said it will not proceed with the non-binding term sheet to acquire Lion Energy, and cash and cash equivalents fell to $6.8 million from $10.8 million at December 31, 2025.

  • Q1 2026 net loss was $3.95 million ($1.22 per share) versus $8.32 million ($10.27 per share) in Q1 2025.
  • Total operating expense was $4.14 million versus $8.68 million a year earlier; Q1 2025 included a $5.25 million impairment and loss on disposal.
  • Cash and cash equivalents were $6.82 million at March 31, 2026, compared with $10.81 million at December 31, 2025.
  • The company will not pursue the Lion Energy acquisition under the February 11, 2026 term sheet terms and is evaluating alternative structures.
Read the filing on SEC.gov ↗

AEP enters forward stock sale agreements covering about 23.5 million shares

Neutral financing Written later 1.018.01

American Electric Power entered forward sale agreements tied to 23,543,308 common shares sold by underwriters, including an option exercised in full on May 13, 2026. The forward sale price starts at $124.968 per share, and the company expects settlement on or before May 31, 2028. Shareholders should note the company will only receive proceeds if it elects physical settlement, and share issuance could dilute earnings per share.

  • Forward sale agreements cover 20,472,442 shares signed May 12, 2026, plus 3,070,866 additional shares after the underwriters' option was exercised in full on May 13, 2026
  • Initial forward sale price is $124.968 per share, subject to a floating interest rate factor and dividend-related reductions
  • Company expects settlement on or before May 31, 2028, and may choose cash or net share settlement instead of physical delivery
  • Forward purchasers can accelerate settlement in certain events, which could require share issuance irrespective of the company's capital needs
Read the filing on SEC.gov ↗
AMATAPPLIED MATERIALS INC /DE May 14, 4:03 PM ET

Applied Materials reports record Q2 revenue of $7.91 billion; GAAP EPS up 33%

Positive earnings Written later 2.02

Applied Materials reported record second-quarter fiscal 2026 revenue of $7.91 billion, up 11% year over year, and record GAAP diluted EPS of $3.51, up 33%. The company forecast third-quarter revenue of $8.95 billion plus or minus $500 million and non-GAAP diluted EPS of $3.36 plus or minus $0.20, and said it expects its semiconductor equipment business to grow more than 30% in calendar 2026.

  • Q2 revenue $7.91 billion, up 11%; non-GAAP diluted EPS $2.86, up 20% from $2.39
  • Q3 fiscal 2026 outlook: revenue $8.95 billion (+/- $500 million); non-GAAP diluted EPS $3.36 (+/- $0.20)
  • Non-GAAP free cash flow fell to $210 million from $1.061 billion a year earlier, down 80%
  • Returned $765 million to shareholders in the quarter: $400 million in buybacks and $365 million in dividends; quarterly dividend raised 15% to $0.53 per share
Read the filing on SEC.gov ↗
KEYKEYCORP /NEW/ May 14, 4:02 PM ET

KeyCorp authorizes $3.0 billion buyback and holds 2026 annual meeting vote

Neutral shareholder Written later 5.025.078.01

KeyCorp shareholders elected all 14 nominated directors and approved the 2026 Equity Compensation Plan at the May 14, 2026 annual meeting. The company also announced a new share repurchase program of up to $3.0 billion of common shares, which replaces a $1.0 billion authorization that had about $280 million remaining. For shareholders, the buyback is the most significant item, while the new plan raises the annual compensation limit for non-employee directors to $750,000 from $500,000.

  • All 14 director nominees were elected at the May 14, 2026 annual meeting.
  • The 2026 Equity Compensation Plan was approved; it raises the non-employee director annual limit from $500,000 to $750,000.
  • New repurchase authorization of up to $3.0 billion of common shares replaces the $1.0 billion program, which had about $280 million remaining.
  • Quarterly common dividend of $0.205 per share is payable June 15, 2026, to holders of record on June 2, 2026.
Read the filing on SEC.gov ↗
EGANEGAIN Corp May 14, 4:01 PM ET

eGain Q3 revenue rises 7% to $22.5 million; GAAP net income $2.4 million

Positive earnings Written later 2.02

eGain reported fiscal third-quarter 2026 revenue of $22.5 million, up 7% from a year earlier, and GAAP net income of $2.4 million, or $0.09 per share, compared with $66,000 a year earlier. The company also updated its full fiscal 2026 guidance, with revenue now expected at $90.5 million to $91.0 million, and gave fourth-quarter revenue guidance of $21.5 million to $22.0 million.

  • Q3 fiscal 2026 total revenue was $22.5 million, up 7% from $21.0 million a year earlier.
  • GAAP net income was $2.4 million, or $0.09 per share, versus $66,000, or $0.00 per share, in Q3 fiscal 2025.
  • Adjusted EBITDA was $3.2 million, a 14% margin, compared with $1.2 million, a 6% margin, a year earlier.
  • Full fiscal 2026 revenue guidance is $90.5 million to $91.0 million; fourth-quarter revenue guidance is $21.5 million to $22.0 million.
Read the filing on SEC.gov ↗

Selective Insurance CIO Joseph Eppers to retire June 2; Vaibhav Kalia named interim

Neutral leadership Written later 5.02

Selective Insurance said Executive Vice President and Chief Investment Officer Joseph O. Eppers will retire effective June 2, 2026, to pursue other career opportunities, and that his decision did not involve any disagreement with the company. Vaibhav Kalia, currently Senior Vice President, Senior Portfolio Manager and Head of Fixed Income, will serve as Interim Chief Investment Officer starting that date. The filing does not name a permanent successor, and it reports no financial results.

  • Joseph O. Eppers notified the company on May 11, 2026, of his intent to retire as Executive Vice President and Chief Investment Officer
  • Retirement is effective June 2, 2026, and the filing says it is not due to any disagreement on strategies, operations, policies or practices
  • Vaibhav Kalia, who joined the company in 2014, will serve as Interim Chief Investment Officer beginning June 2, 2026
  • The filing does not name a permanent Chief Investment Officer
Read the filing on SEC.gov ↗
INLXINTELLINETICS, INC. May 14, 4:00 PM ET

Intellinetics Q1 revenue falls 8% to $3.9 million; net loss widens to $1.2 million

Negative earnings Written later 2.02

Intellinetics reported first-quarter 2026 total revenue of $3.9 million, down 8.0% from a year earlier, as professional services revenue fell 14.3%. The net loss widened to $1.2 million, or $0.27 per share, from $0.7 million, or $0.17 per share, and included about $430,000 in non-recurring CEO transition costs. Management still expects double-digit year-over-year SaaS growth for fiscal 2026.

  • Total revenue was $3,909,182, down 8.0%; SaaS revenue rose 0.1% to $1.5 million
  • Net loss of $1,177,853 ($0.27 per share) compared with $727,565 ($0.17 per share) a year earlier
  • Adjusted EBITDA loss of $287,650 versus an Adjusted EBITDA profit of $76,589 in Q1 2025
  • Cash was approximately $2.1 million at March 31, 2026; management expects double-digit SaaS growth in 2026
Read the filing on SEC.gov ↗
PRHIPresurance Holdings, Inc. May 14, 3:24 PM ET

Presurance Holdings Q1 net income rises to $2.6 million as premiums fall 29.1%

Mixed earnings Written later 2.02

Presurance Holdings reported first quarter 2026 results on May 13, 2026. Net income rose to $2.6 million from $522,000 as loss ratios improved, but gross written premiums fell 29.1% as the company exited commercial lines, and adjusted operating income was a loss of $2.8 million. The filing shows a smaller premium base and a combined ratio of 105.7%, which is still above the 100% level that indicates an underwriting profit.

  • Net income of $2.6 million, or $0.15 per share, versus $522,000, or $0.04 per share, in the first quarter of 2025
  • Gross written premiums fell 29.1% to $11.5 million, reflecting the exit from legacy commercial lines
  • Loss ratio improved to 56.2% from 89.7%; combined ratio was 105.7% versus 140.5%
  • Adjusted operating loss of $2.8 million, or $0.16 per share, versus a loss of $3.7 million, or $0.30 per share, a year earlier
Read the filing on SEC.gov ↗
RHIROBERT HALF INC. May 14, 3:03 PM ET

Robert Half stockholders approve amended stock incentive plan and vote on eight directors

Neutral shareholder Written later 5.025.07

At its May 13, 2026 annual meeting, Robert Half stockholders approved an amended and restated Stock Incentive Plan, which allows up to 4,500,000 shares to be issued under awards, with about 452,000 shares available for grant as of the effective date. Stockholders also approved executive compensation on an advisory basis and ratified PricewaterhouseCoopers LLP as the independent auditor for 2026, with For votes exceeding Against votes on each proposal.

  • Stock Incentive Plan approved: 84,545,099 for, 1,071,359 against, 54,020 abstain
  • Advisory vote on executive compensation approved: 82,981,010 for, 2,236,438 against, 453,030 abstain
  • PricewaterhouseCoopers LLP ratified as 2026 auditor: 89,895,070 for, 2,518,513 against, 42,080 abstain
  • Robert J. Pace and Frederick A. Richman received the most Against votes among the eight director nominees, at 7,083,701 and 7,789,302
Read the filing on SEC.gov ↗
NTWKNETSOL TECHNOLOGIES INC May 14, 2:10 PM ET

NETSOL Technologies reports record Q3 revenue of $19.8 million, up 13%

Mixed earnings Written later 2.02

NETSOL Technologies reported record third-quarter fiscal 2026 total net revenues of $19.8 million, up 13.0% year over year, driven in part by $4.7 million in license fees tied to a four-year, $50 million contract extension. Quarterly GAAP net income attributable to NETSOL fell slightly to $1.3 million, or $0.11 per diluted share, from $1.4 million, or $0.12, a year earlier, and the company reaffirmed its fiscal 2026 revenue guidance of $73 million.

  • Q3 total net revenues were $19.8 million, up from $17.5 million, including $4.7 million in license fees versus $1,198 a year earlier.
  • Q3 GAAP net income attributable to NETSOL was $1.3 million, or $0.11 per diluted share, compared with $1.4 million, or $0.12, in the prior-year quarter.
  • For the nine months ended March 31, 2026, the company reported a GAAP net loss attributable to NETSOL of $0.8 million, or $(0.07) per diluted share, versus net income of $0.3 million, or $0.03, a year earlier.
  • Fiscal 2026 full-year revenue guidance of $73 million was reaffirmed.
Read the filing on SEC.gov ↗
LIVELIVE VENTURES Inc May 14, 11:35 AM ET

Live Ventures swings to $2.4M loss on $4.0M impairment; revenue down 3.8%

Negative earnings Written later 2.02

For the fiscal second quarter ended March 31, 2026, Live Ventures reported revenue of $102.9 million, down 3.8% from $107.0 million, and a net loss of $2.4 million, or $0.80 per diluted share, compared with net income of $15.9 million, or $5.05 per diluted share, a year earlier. The prior-year result included a $22.8 million gain on a seller note modification, and this year's results include a non-cash goodwill impairment of about $4.0 million in the Steel Manufacturing segment, which shareholders should weigh against the company's operating improvements in other segments.

  • Revenue was $102.9 million, compared with $107.0 million in the prior-year quarter, with Retail-Flooring revenue down about $7.2 million.
  • Operating loss was $2.0 million, compared with operating income of $2.1 million, including the $4.0 million goodwill impairment.
  • Net loss was $2.4 million, or $0.80 per diluted share, including a $1.4 million Employee Retention Credit gain.
  • Adjusted EBITDA was $5.9 million, down from $6.4 million a year earlier.
Read the filing on SEC.gov ↗
INTGINTERGROUP CORP May 14, 11:10 AM ET

InterGroup clarifies Class B director term in proxy card ahead of May 20 annual meeting

Neutral shareholder Written later 8.01

InterGroup filed supplemental material because its proxy card incorrectly said Class B director nominees would serve until the 2027 annual meeting. The company says its April 8, 2026 proxy statement correctly states a three-year term expiring at the 2028 annual meeting, and it confirms that disclosure is accurate.

  • The proxy card incorrectly listed a term ending at the 2027 annual meeting for Class B director nominees.
  • The Definitive Proxy Statement filed April 8, 2026 states a three-year term expiring at the 2028 Annual Meeting of Shareholders.
  • The Annual Meeting of Shareholders is scheduled for May 20, 2026.
Read the filing on SEC.gov ↗

KTH CorTS Trust for PECO Energy Capital Trust III pays $1.00 per $25 certificate on April 30, 2026

Neutral shareholder Written later 8.01

The trustee reported a routine distribution of $1.00 per $25 Class A certificate on the April 30, 2026 distribution date for the CorTS Trust for PECO Energy Capital Trust III. No interest was past due, and the filing confirms the payment was made from the trust's holdings of PECO Energy Capital Trust III 7.38% Capital Securities.

  • Total distribution of $1.000000 per $25 Class A certificate, all of it interest; principal portion was $0.000000
  • Aggregate interest due and not paid as of the distribution date was $0.000000
  • 1,014,750 Class A certificates representing $25,368,750 in certificate principal balance were outstanding
  • Trust holds $27,500,000 of 7.38% Capital Securities due April 6, 2028
Read the filing on SEC.gov ↗
BARGraniteShares Gold Trust May 14, 10:52 AM ET

GraniteShares Gold Trust: Chief Accounting Officer Benoit Autier to step down June 1

Neutral leadership Written later 5.02

Effective June 1, 2026, Benoit Autier will step down as Chief Accounting Officer of GraniteShares LLC, the sponsor of GraniteShares Gold Trust, and Brandon Dall'Acqua was appointed to the role with immediate effect. The filing states Mr. Autier's departure does not arise from any disagreement on the Trust's operations, policies or practices.

  • Benoit Autier steps down as sponsor's Chief Accounting Officer effective June 1, 2026
  • Brandon Dall'Acqua appointed Chief Accounting Officer, effective June 1, 2026 with immediate effect
  • Dall'Acqua, age 42, joined GraniteShares as Chief Financial Officer on January 31, 2025; previously VP of Finance at Tidal Financial Group
  • Filing states the departure is not due to any disagreement on Trust operations, policies or practices
Read the filing on SEC.gov ↗
PLTMGraniteShares Platinum Trust May 14, 10:49 AM ET

GraniteShares Platinum Trust names new Chief Accounting Officer effective June 1, 2026

Neutral leadership Written later 5.02

Effective June 1, 2026, Benoit Autier steps down as Chief Accounting Officer of GraniteShares LLC, the Sponsor of GraniteShares Platinum Trust, and Brandon Dall'Acqua is appointed to the role with immediate effect. The filing states Mr. Autier's departure does not arise from any disagreement on the Trust's operations, policies or practices, and it does not describe any change to the Trust's financial results or holdings.

  • Benoit Autier steps down as Chief Accounting Officer of the Sponsor effective June 1, 2026
  • Brandon Dall'Acqua appointed as the Sponsor's new Chief Accounting Officer, with immediate effect
  • Mr. Dall'Acqua, age 42, joined GraniteShares on January 31, 2025 as Chief Financial Officer; previously VP of Finance at Tidal Financial Group
  • Filing states no disagreement with the Trust's operations, policies or practices led to the departure
Read the filing on SEC.gov ↗
TRTTRIO-TECH INTERNATIONAL May 14, 10:24 AM ET

Trio-Tech Q3 revenue rises 124% to $16.5 million; net loss narrows to $38 thousand

Positive earnings Written later 2.02

Trio-Tech International reported fiscal third-quarter results for the period ended March 31, 2026. Revenue rose 124% year over year to $16.5 million, and the net loss attributable to common shareholders narrowed to $38 thousand from $495 thousand, while gross margin fell to 16% from 27%.

  • Q3 revenue was $16.5 million, up from $7.4 million; Semiconductor Back-End Solutions rose to $13.1 million from $5.4 million.
  • Q3 operating loss was $81 thousand, compared with $343 thousand a year earlier.
  • Fiscal year-to-date net income attributable to common shareholders was $165 thousand, compared with a net loss of $224 thousand a year earlier.
  • After the quarter ended, the company raised approximately $10 million in gross proceeds from a registered direct equity offering.
Read the filing on SEC.gov ↗

Western New England Bancorp: Q1 2026 diluted EPS $0.24, up from $0.11 a year earlier

Positive earnings Written later 7.01

Western New England Bancorp furnished slides for its May 14, 2026 annual shareholders' meeting, which include first-quarter 2026 results. Diluted EPS was $0.24, up from $0.11 in the first quarter of 2025 but down from $0.26 in the fourth quarter of 2025, so shareholders see year-over-year improvement alongside a slight sequential decline.

  • Diluted EPS was $0.24 in Q1 2026, versus $0.11 in Q1 2025 and $0.26 in Q4 2025.
  • Return on average assets was 0.71% and return on average equity was 7.77% in Q1 2026, compared with 0.35% and 3.94% in Q1 2025.
  • Net interest margin rose to 2.95% from 2.49% a year earlier; total loans were $2.2 billion and total deposits $2.4 billion at March 31, 2026.
  • Book value per share was $12.26 at March 31, 2026, up from $11.44 a year earlier.
Read the filing on SEC.gov ↗
CSXCSX CORP May 14, 9:30 AM ET

CSX board authorizes $5 billion buyback; digital chief Fortune departs

Positive shareholder Written later 5.025.078.01

CSX's board authorized $5 billion of new share repurchase authority on May 12, 2026, on top of about $989 million remaining under the existing program as of March 31, 2026. The same day, the company announced that Stephen Fortune, Executive Vice President and Chief Digital & Technology Officer, had left the company, with Steve Watkins taking over his responsibilities.

  • Board authorized $5 billion of incremental buyback authority, added to about $989 million remaining as of March 31, 2026
  • Stephen Fortune's employment separated effective immediately on May 14, 2026, subject to a separation agreement and release
  • Steve Watkins assumes Fortune's responsibilities and reports directly to CFO Kevin S. Boone
  • At the May 12, 2026 annual meeting, all twelve director nominees were elected and shareholders ratified Ernst & Young LLP as auditor for 2026
Read the filing on SEC.gov ↗

Standex promotes CFO Ademir Sarcevic to EVP and Electronics group president

Neutral leadership Written later 5.02

Standex International named CFO Ademir Sarcevic Executive Vice President, Corporate and Group President, Electronics, effective with the May 12, 2026 announcement. He will remain CFO until the company completes its search for a successor, and he receives a $750,000 restricted stock unit award.

  • Sarcevic was promoted from Vice President, CFO and Treasurer to EVP, Corporate and Group President, Electronics, announced May 12, 2026.
  • He will continue as CFO until a successor CFO is named.
  • Special award of $750,000 in restricted stock units, granted July 1, 2026; one-third vests on the second anniversary and two-thirds on the third anniversary of the grant date.
  • Sarcevic joined Standex as CFO in 2019.
Read the filing on SEC.gov ↗

Innovative Aerosystems Q2 sales up 2% to $22.4 million, net income falls to $3.4 million

Mixed earnings Written later 2.02

Innovative Aerosystems reported fiscal second-quarter 2026 results for the three months ended March 31, 2026, with net sales up 2% to $22.4 million. Net income fell to $3.4 million, or $0.19 per diluted share, from $5.3 million, or $0.30, a year earlier, as operating expenses rose to $6.5 million and one-time acquisition costs were incurred. Net debt rose to $48.3 million and the leverage ratio to 1.7x from 1.4x, as the company spent over $30 million on acquisitions in the first half.

  • Net sales were $22.4 million, up from $21.9 million a year earlier, while F-16 revenue declined by $7 million.
  • Net income was $3.4 million, or $0.19 per diluted share, versus $5.3 million, or $0.30, in the prior-year quarter.
  • Adjusted EBITDA was $6.8 million, down from $7.7 million; net debt was $48.3 million, and the leverage ratio was 1.7x at March 31, 2026.
  • Backlog was approximately $87.0 million as of March 31, 2026, up $7.4 million from the prior-year period.
Read the filing on SEC.gov ↗
12

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.