Small-Caps — page 11
Supernus Pharmaceuticals to Merge With Indivior Pharmaceuticals in All-Stock Deal
The combination aims to create a diversified central nervous system biopharmaceutical leader with $2.2 billion in combined annual revenues.
Intuitive Machines to Acquire Goonhilly and COMSAT to Expand Space Network
The acquisition adds a network of ground stations to enhance deep space communications and position, navigation, and timing capabilities.
Liberty Global Buys Vodafone’s VodafoneZiggo Stake for €1 Billion, Equity
The transaction gave Liberty Global full control of VodafoneZiggo and advanced plans to form and list a broader Benelux telecommunications group.
KKR to Buy Integer Holdings in $5.7 Billion Take-Private Deal
KKR agreed to take medical-device manufacturer Integer Holdings private for $127 a share, capping a board-led strategic review with a premium of roughly 52% to the stock's price before the review began.
Indivior to Buy Supernus in All-Stock Merger
The combination aims to create a diversified central nervous system biopharmaceutical leader with $2.2 billion in combined annual revenues.
Indivior and Supernus to Combine in All-Stock Merger of Equals
The combination would create a scaled central-nervous-system drugmaker with $2.2 billion in annual revenue and $125 million in expected cost savings.
Prysmian to Buy Atkore in $3.8 Billion All-Cash Deal
The acquisition would broaden Prysmian’s electrical-products portfolio as infrastructure investment accelerates.
Genesis Energy Maintains Stable Operational Footprint Across 2024 Pipeline Portfolio
The midstream operator reported no significant regulatory or structural changes across its primary pipeline subsidiaries during the report year.
Western Union Slashes Full-Year Profit Outlook as Costs Climb
Western Union posted a 31% drop in operating income to $132.1 million as guidance for full-year adjusted earnings per share was cut to $1.25 to $1.35 from $1.75 to $1.85.
Vericel Raises Revenue Guidance Again, Adds First Buyback
Vericel swung to a $2.2 million profit and lifted its full-year revenue outlook to $330-$340 million even as quarterly growth cooled to 22%.
Provident Financial's NIM Widens as Reserve Cushion Thins
Provident Financial Services (PFS) posted record net interest income of $202.7 million as its net interest margin expanded 8 bps to 3.48%, even as reserve coverage of non-performing loans fell to 134.87% from 235.61% at year-end.
Olin Swings Toward Breakeven as Merger Costs and Plant Outage Bite
Olin posted a $13.3 million net loss in the second quarter as an unplanned Freeport plant shutdown cut adjusted EBITDA by $40 million.
NMI Holdings Posts Third Straight Earnings Gain as NIW Jumps 31%
NMI Holdings reported net income of $105.8 million, or $1.38 a share, as new insurance written surged 31% from the prior quarter to $16.1 billion.
Merit Medical Raises Full-Year Guidance as Growth Accelerates
Merit Medical Systems posted second-quarter revenue of $418.8 million, up 10% year over year, and raised its full-year revenue and profit guidance.
Lear Raises 2026 Outlook After Second-Quarter Profit Lift
Core operating earnings reached $313 million, up 7% from a year earlier, as the company lifted the midpoints of its full-year 2026 outlook.
Greif Profit More Than Doubles as Margins Widen, Debt Shrinks
Greif posted a 156.7% jump in net income to $78.8 million as gross margin expanded 650 basis points and leverage fell to 1.1x from 3.1x a year earlier.
Cavco Profit Falls Even as Revenue and Backlog Climb
Cavco Industries closed its first quarter of fiscal 2027 with a backlog of $298 million, up more than 50% from three months earlier, even as per-share profit fell for the second time in three quarters.
Cousins Properties Lifts FFO and Raises Full-Year Guidance
The Atlanta office landlord posted funds from operations of $0.75 a share in the second quarter, up from $0.70 a year earlier, as leasing pushed occupancy to its highest level since early 2020.
Columbia's Profit Swing Rides One-Time Tariff Refund, Not Demand
Columbia Sportswear swung to $0.52 in diluted earnings per share in the second quarter, but a $78 million IEEPA tariff refund accounted for $0.93 of that figure, implying underlying results were negative.
CNO Raises 2026 Operating Earnings Guidance
The life insurer lifted full-year operating EPS guidance 8% at the midpoint after a 45% jump in second-quarter operating earnings.
Balchem's Sales Growth Hits Three-Quarter High, Nutrition Margins Widen
Balchem posted 11.2% net sales growth in the second quarter, its fastest pace in three quarters, as its Animal Nutrition and Health segment's operating earnings jumped 48.7%.
Axos Loan Growth Slows, Deposits Jump on Jenius Deal, Credit Costs Ease
Net interest income rose 13.5% to $317.9 million at Axos Financial (AX) even as loan growth decelerated for a third straight quarter and CET1 slipped to 11.76%.
Waystar Raises Guidance Even as Growth Engines Cool
Waystar posted 18% revenue growth to $319.7 million and raised its full-year outlook, even as volume-based revenue growth slowed to just 3% and net revenue retention fell to 108%.
Sensata Posts Third Straight Quarter of Accelerating Growth
Sensata Technologies Holding reported second-quarter revenue of $990.6 million, up 5.0% year over year and marking the fastest organic growth pace in a year of sequential acceleration.
Patterson-UTI Snaps Six-Quarter Slide as Pricing Turns Higher
Patterson-UTI Energy swung to a broad-based sequential rebound, with revenue climbing 10% to $1.2 billion and its rig count exit rate jumping to 96 from a 92 average.
NorthWestern Energy Profit Growth Returns as Merger Nears Finish Line
NorthWestern Energy Group posted second-quarter adjusted earnings of $0.50 a share, up from $0.40 a year earlier, as its pending merger cleared every regulatory hurdle but Montana.
Neogen Posts Fastest Core Growth of Fiscal Year, Guides Higher
Neogen (NEOG) closed fiscal 2026 with core revenue growth of 4.3% in the fourth quarter, its strongest quarterly pace of the year, as gross margin widened to 47.8% from 41.2%.
McGrath RentCorp Profit Slips as Sales Deals Slide to Later Quarters
McGrath RentCorp reported second-quarter net income of $33.7 million, down from $36.0 million a year earlier, as a 34% drop in sales revenue offset gains in its rental business.
KBR Revenue Growth Returns as Spin-Off Cash Costs Mount
KBR posted revenue up 2% to $2.0 billion, its first quarterly growth in three quarters, even as operating cash flow fell 77% and new spin-off charges pressured margins.
Green Brick Orders Jump 19% as Home Prices Keep Sliding
Green Brick Partners posted a 19% jump in net new home orders even as revenue fell 9.9% to $481.6 million on lower prices.