Advanced Drainage Systems Inc. (NYSE: WMS) achieved a significant boost in first-quarter financials, with net sales climbing 20.6% to $1.0 billion compared to $829.9 million a year ago. The company’sEarningsper share (EPS) reached $2.49, exceeding the consensus estimate of $2.13, marking an impressive 22.8% …
Astronics Corporation (NASDAQ: ATRO) reported a remarkable second quarter, with sales soaring 27% year-over-year to a record $260 million. The strong financial results underscore a significant recovery and growth trajectory for Astronics, validating their strategic initiatives, particularly in the Aerospace sector.
Eastern Co (NASDAQ: EML) reported a 45% increase in backlog to $126.2 million, driven by theAcquisitionof two precision manufacturers and strengthening demand for industrial products. However, the acquisition of new businesses added to aerospace sales, partially offsetting the decline.
The consensus circulating ahead of Wednesday's release is for revenue of about $1.30 billion, up 12.75% year over year, and earnings of $1.15 a share, up 17.35%. Those are U.S.-dollar figures, compiled off Stantec's (NYSE:STN) New York listing. Stantec itself reports in Canadian dollars, …
Rocket Lab's (NASDAQ:RKLB) second quarter produced $234.07 million of revenue, up 62% on the $144.5 million of a year earlier and 16.8% ahead of the previous quarter's own record. Analysts had estimated about $231.4 million.Gross Profitalmost doubled to $84.6 million,GAAPgross margin of 36.1% beat …
Word of the split reached the market early on Tuesday, and within hours it had hardened into something firmer than a report: Samsung SDI confirmed it would acquire GM's (NYSE:GM) 49.99% holding in their joint battery venture, converting it into a wholly owned subsidiary. …
Elbit's (NASDAQ:ESLT) second-quarter numbers, published on Tuesday morning, were about as clean as a defense contractor's get. Revenue of $2.29 billion was 15.9% higher than the same quarter of 2025 and ahead of the roughly $2.22 billion consensus. Non-GAAPDiluted Earnings per Shareof $4.14 rose …
Ferguson's (NYSE:FERG) reporting calendar has caused some confusion, so it is worth clearing up. The company used to run to a 31 July year-end. That changed from 1 August 2025, when it switched to a calendar year, bridging the gap with a five-month transition …
Tuesday's news was modest in isolation. GM is selling its 49.99% interest in a New Carlisle, Indiana battery venture; the partner is taking the whole facility, and the two sides announced a joint development agreement on next-generation prismatic cells to replace the ownership tie. …
Three of Boeing's (NYSE:BA) more speculative technology bets changed hands on Monday, and not a dollar of cash moved in the process. The manufacturer agreed to sell Wisk Aero, its autonomous air-taxi developer; Insitu, the uncrewed systems maker behind the ScanEagle drone; and SkyGrid, …