Business

Spectral AI posts earnings beat, revenue misses forecasts
AI diagnostics firm Spectral AI reported adjusted earnings above expectations but posted revenue below analyst projections for the quarter.

Commonwealth Bank posts record annual profit, flags cautious outlook
Australia's largest lender reports A$11.15 billion in full-year net profit, up 5% from 2023, but warns of economic headwinds ahead.

Firefly Q2 2026 revenue tops $100M, backlog at $1.5B
Firefly Aerospace reports record quarterly revenue and a backlog exceeding $1.5 billion for Q2 2026, signaling strong demand for its space launch services.

Black Rock Coffee forecasts 25% revenue growth, plans 200 new stores
Coffee chain outlines aggressive expansion strategy for fiscal Q2 2026, targeting 200 new locations amid projected revenue surge.

National CineMedia buys Captivate digital ad network
Deal expands National CineMedia’s reach into out-of-home digital advertising beyond cinema screens.

Astronics stock jumps 12% after earnings beat, raised outlook
Aerospace and defense supplier Astronics reported quarterly earnings that exceeded expectations and raised its full-year guidance, sending shares up 12% in premarket trading.

SEC approves IPEX-GOWell merger registration, vote scheduled for Sept. 3
U.S. securities regulator clears registration for the proposed merger of IPEX and GOWell International, with shareholder vote set for early September.

H&R Block sees 13.9% FY26 EPS growth on conversion gains
Tax services firm forecasts earnings-per-share increase driven by operational efficiencies and strategic conversions. Slides outline financial outlook through FY26.

SEC approves JFB-XTEND merger, deal to close Sept. 1
The U.S. Securities and Exchange Commission has cleared the merger between JFB and XTEND, with finalization scheduled for September 1. No terms or financial details were disclosed.

Fermi secures 2.6 GW power deal for Texas AI campus
Fermi Energy signs agreement to expand power capacity at its Texas AI data center campus, supporting high-density computing infrastructure.

Seer misses earnings by $0.09, revenue falls short of estimates
Biotech firm Seer reports adjusted EPS of $0.11 vs. $0.20 forecast and revenue of $42.3M vs. $45.1M estimate. Shares dip in after-hours trading.

Stabilis Solutions posts earnings miss, revenue below forecasts
Specialty gas supplier's adjusted EPS fell $0.21 short of expectations, while revenue missed analyst projections by a narrow margin.

Eastern Co posts earnings miss, revenue below forecasts
Missed EPS by $0.52 and revenue fell short of analyst projections for the quarter.

NeuroPace Q2 earnings beat estimates by $0.03 per share
Revenue exceeded analyst forecasts as the medical device maker posts stronger-than-expected quarterly results.

Sanara Medtech posts Q2 loss, misses earnings and revenue estimates
Medical device maker Sanara Medtech reported adjusted earnings per share below expectations, while revenue declined year-over-year amid soft market conditions.

Bolt reports earnings miss, revenue below forecasts
Delivery platform Bolt's adjusted earnings fell $1.24 short of expectations, while revenue missed analyst estimates amid competitive market pressures.

RideNow Q3 earnings beat estimates by $0.04 per share
Revenue missed Wall Street forecasts as ride-hailing demand softened in key markets.

National CineMedia misses earnings by $0.07, revenue below estimates
Advertising revenue declines drive a 20% drop in Q2 profit as the cinema ad specialist underperforms market expectations.

Owlet posts earnings beat, revenue exceeds forecasts
Medical device maker Owlet reports adjusted EPS of $0.09 above expectations and revenue that topped analyst estimates for the quarter.

H&R Block Q1 profit beats estimates, revenue misses
Tax services provider H&R Block reported adjusted earnings per share of $2.23, topping Wall Street forecasts by 3%. Revenue declined 5% year-over-year to $1.2 billion, falling short of analyst projections.

GrowGeneration Q2 earnings beat by $0.01, revenue tops estimates
Hydroponic retailer posts adjusted profit of $0.12 per share, beating consensus by a penny as sales rise 15% year-over-year.

Peraso misses earnings estimates by $0.02, revenue below forecast
Optical networking firm Peraso reported adjusted earnings per share of $0.04, below the $0.06 estimate, while revenue of $21.3 million missed the $22.5 million forecast.

Intrusion misses earnings by $0.04, revenue below estimates
Cybersecurity firm Intrusion reported adjusted EPS of $0.05, missing forecasts by $0.04, while revenue fell short of analyst expectations.

Cardiff Oncology misses earnings by $0.02, revenue beats forecasts
Biotech firm’s quarterly loss per share fell short of expectations, though top-line revenue exceeded analyst projections.

Codexis Q2 earnings beat estimates by $0.01 per share
Revenue exceeded forecasts as biotech firm posts adjusted profit of $0.07 per share. Shares rose in after-hours trading.

