CALGARY, AB, July 29, 2026 /CNW/ -- Genesis Land Development Corp. (TSX:GDC) (the "Corporation" or "Genesis") reported its financial and operating results for the three months ("Q2") and six months ended June 30, 2026 ("YTD"). Genesis is an integrated land developer and residential home builder wi…
According to its leadership, cryptocurrency exchange Binance.US will apply for a Designated Contract Market (DCM) with the US Commodity Futures Trading Commission (CFTC) to offer prediction markets services to users.At the Rare Evo blockchain conference on Wednesday, Binance.US CEO Steve Gregory sa…
Revenue grew 9% year-over-year to $375 million, with strong regional and product performance. Despite a $14 million headwind from memory costs, adjusted EBITDA rose 24%, and guidance anticipates continued growth amid ongoing cost pressures.Based on Sonos, Inc. [SONO] Q3 2026 Audio Transcript — Jul…
Commercial real estate lender Franklin BSP Realty Trust NYSE:FBRT fell short of the market’s revenue expectations in Q2 CY2026, but sales rose 17.1% year on year to $65.29 million. Its GAAP profit of $0.12 per share was 49.3% below analysts’ consensus estimates.Franklin BSP Realty Trust (FBRT) Q2 C…
Q2 2026 revenue reached $22.8M, with net loss and adjusted EBITDA loss both significantly reduced year-over-year. Gross margin improved to 78%, and cost alignment initiatives drove a 16% decrease in operating expenses. Full-year guidance is reaffirmed, with China shipments set to resume in early 20…
Q2 saw robust revenue and margin growth, led by MRD clinical and pharma segments, with blood-based and community testing adoption accelerating. Guidance was raised for MRD revenue and clinical volumes, while strategic separation of Immune Medicine and capital restructuring further strengthened the…
Strong Q2 2026 results featured a 29% revenue increase, robust free cash flow, and a 42% margin boost, driven by higher gold prices and disciplined cost management. Development projects advanced, and over $600 million was returned to shareholders year-to-date.Original document: Kinross Gold Corpora…
Revenue fell sharply year-over-year due to the EAF transition and U.S. tariffs, but net loss improved on insurance proceeds and foreign exchange gains. Record plate sales and higher average prices supported positive Adjusted EBITDA, while liquidity remains strong.Original document: Algoma Steel Gro…
Carvana (CVNA) shares plunged nearly 19% in after-hours trading on Wednesday after the used car retailer’s forecasts for 2026 adjusted core profit came in below Wall Street expectations, even though the company delivered record Q2 results.Record Q2 NumbersCarvana sold a quarterly high of 197,325 re…
Announced acquisition of Sanara MedTech, creating a top regenerative medicine company with a strong surgical focus. Q2 saw sequential recovery in wound care and 15% YoY growth in surgical, with full-year guidance reiterated. Combined 2027 revenue expected to exceed $400 million with 20%+ EBITDA mar…
Meta Platforms Inc. (META) share price dropped 11% after-hours on Wednesday after the Instagram owner reported second-quarter financial results that missed profit projections, squeezed cash flows, and offered a lighter-than-expected sales forecast for the upcoming quarter.The social media giant gen…
Record adjusted EPS and net earnings were driven by strong AUM&A growth, robust net inflows, and segment outperformance. Restructuring charges and a gain on investment sale impacted results, while capital returns included share repurchases and a higher dividend.Original document: IGM Financial Inc…
Q2 2026 saw production and profitability exceed expectations, with net income of $134 million and free cash flow of $122 million. Net debt was reduced to $1.22 billion, and the return of capital framework was raised to target 40–60% of excess free cash flow to shareholders.Original document: Vermil…
Record Q2 2026 results featured strong revenue, net income, and free funds flow, with production exceeding guidance and net debt reduced by $900 million. Updated 2026 guidance reflects higher production and capital spending, supported by operational efficiencies and favorable market conditions.Orig…
Sales grew 7% year-over-year to $165.4 million, with EBITDA up 26% and net income at $5.8 million. Automotive Solutions and Casting & Extrusion segments both saw sales growth, while Exco Energy was launched to diversify into nuclear markets.Original document: Exco Technologies Limited [XTC] Earning…
Q2 2026 delivered strong cash flow and free cash flow, with production slightly below guidance due to strategic storage injections amid low gas prices. Infrastructure projects remain on track, and a major LPG export agreement is set to boost margins. Net debt is below target, and the outlook for 20…
NEWPORT NEWS, Va., July 29, 2026 (GLOBE NEWSWIRE) -- HII NYSE:HII announced today that the U.S. nuclear submarine shipbuilding team, which includes the company’s Newport News Shipbuilding (NNS) division, has been awarded contracts for construction of Block VI Virginia-class and Build II Columbia-cl…
Q2 2026 saw strong mortgage origination and stable distributable income, with net income impacted by higher expected credit losses. The portfolio remains concentrated in resilient, cash-flowing assets, and capital recycling is expected to enhance future earnings.Original document: Timbercreek Finan…
Q2 2026 saw revenue rise 4% year-over-year to $40.3 million, with gross profit margin improving to 34.7% and net income reaching $1.1 million. Adjusted EBITDA turned positive, and 2026 guidance was revised to $175–$185 million in revenue and $21–$25 million in Adjusted EBITDA.Original document: Dir…
Q2 2026 revenues exceeded $1 billion, with adjusted EBITDA margin above guidance and strong bookings momentum, especially in commercial and enterprise platforms. Integration of Quinnox is progressing, AI solutions are driving growth, and guidance for Q3 anticipates continued sequential improvement…
