Business

Kontoor Brands reports earnings as Lee divestiture nears
Denim apparel maker Kontoor Brands to release quarterly results amid ongoing strategic review and planned separation of Lee brand.

Astronics Q2 earnings to test margins after guidance hike
Defense and aerospace supplier Astronics reports Q2 results amid margin scrutiny following an upward revision to full-year guidance.

Octave reports first earnings as independent company
The newly spun-off financial services firm is set to release its first quarterly results since separating from its former parent. Investors await key profitability and growth metrics.

Game Your Game wins 500-unit order from GolfSuites
Supplier secures significant contract to deliver units for golf entertainment provider. Terms and financial details not disclosed.

Global Engine Group to build Malaysia space-AI infrastructure
Malaysian government-backed initiative aims to enhance national satellite and AI capabilities through a new infrastructure project.

Cyabra names Keith Noble as VP of government sales
Cyabra, a cybersecurity firm specializing in disinformation detection, appoints Noble to lead government sales amid rising digital threat concerns.

Abbott, Google Health to develop AI glucose monitoring tools
Partnership combines Abbott’s continuous glucose monitoring tech with Google’s AI to enhance diabetes management analytics.

Access Newswire misses earnings estimates by $0.17 per share
Revenue declines 12% year-over-year as media firm falls short of analyst forecasts in latest quarter.

Wix unveils AI agent platform for small businesses
Symphony AI automates customer service, marketing and operations for SMBs. Platform integrates with Wix’s website and e-commerce tools.

SciTec awarded $93.7M radar modernization contract
U.S. defense contractor SciTec secures a Pentagon contract to upgrade aging radar systems, marking a key step in military modernization efforts.

Rekor secures $22 million traffic monitoring contract in South Carolina
The AI-driven traffic management firm will deploy its systems across state highways under a multi-year agreement.

GeneDx launches online exome testing for pediatric patients
Company expands genetic testing access with direct-to-consumer platform for children, aiming to improve diagnostic timelines.

Vireo eyes $1B revenue run rate via M&A by Q2 2026
Cannabis operator Vireo outlines growth strategy to triple revenue through strategic acquisitions over the next two years.

VolitionRx tests finger-prick sepsis prototype in patients
Biotech firm VolitionRx advances a rapid sepsis detection device for clinical trials, aiming to improve early diagnosis through a finger-prick blood test.

Advanced Enzyme Q1 FY27 results show soft start but key segments grow
FY27 first quarter results from Advanced Enzyme indicate a slow initial period, though growth persists in several core business segments.

Gujarat Energy Q1 2026 EPS beats estimates as revenue falls short
Indian utility posts quarterly profit above forecasts despite missing revenue targets, citing higher fuel costs and regulatory delays.

Advanced Enzyme Q1 2026 earnings miss estimates, shares slide
Revenue and profit for the quarter fell short of analyst forecasts as costs rose, triggering a 5% drop in Advanced Enzyme Technologies stock.

Caplin Point shares drop 6.3% on Q1 2026 update
Indian pharmaceutical firm's stock declines after first-quarter results miss analyst expectations. Revenue and profit figures fall short of forecasts.

Bank of America pledges $250 billion for U.S. infrastructure financing
Lender commits capital to tech and energy projects amid broader push for domestic infrastructure development.

YD Bio launches nutrition products through physician partnerships
Company enters direct-to-consumer channel via medical partnerships to distribute new nutrition-focused products.

FICO adds Alogram fraud tools to its marketplace
Fraud detection solutions from Alogram are now accessible via FICO's marketplace, expanding options for financial institutions seeking advanced AI-driven analytics.

Mereo BioPharma licenses alvelestat to Sentynl Therapeutics
Deal grants Sentynl exclusive global rights to develop and commercialize alvelestat for inflammatory lung diseases. Upfront payment of $10 million disclosed.

Neuronetics posts earnings beat, revenue exceeds forecasts
Medical device maker Neuronetics reported adjusted earnings per share above estimates, with revenue also surpassing projections despite broader sector challenges.

Rocket One joins Seagate partner program for storage resources
Seagate expands enterprise storage ecosystem with Rocket One as new partner, aligning hardware and software solutions.

Astrotech unit to develop lunar power utility network
Subsidiary of space logistics firm Astrotech Corp. aims to establish a lunar power infrastructure to support long-term missions and commercial activity.

