29m ago
Deye Technology files for Hong Kong listing as profit jumps 75% in first four months
Deye Technology has filed for a secondary listing in Hong Kong after reporting a 75% year-on-year rise in net profit in the first four months of this year. The company sells new energy inverters and environmental management appliances, with new energy contributing the bulk of revenue and posting a 39.9% gross margin over the same period. About 80% of its revenue comes from overseas markets, leaving it exposed to trade policy shifts and foreign-exchange volatility. It ranked No. 1 globally in the residential energy storage inverter market last year with a 20.6% share, according to third-party market data cited in its listing document.
29m ago
2h ago
Sysco posts FY2024 Q4 adjusted EPS of $1.53 as sales rise 4.7% to $22.124 billion
Sysco reported FY2024 fourth-quarter adjusted earnings of $1.53 per share, topping the $1.51 consensus estimate, while revenue rose 4.7% year over year to $22.124 billion and also beat expectations. Gross margin narrowed 17 basis points to 18.7% as product cost inflation, led by meat and fresh produce, weighed on profitability. Operating income increased 10.6% from a year earlier, indicating the company maintained profit growth and operational efficiency despite inflation pressure. The results were a near-term positive for the stock’s performance.
2h ago
6h ago
Bending Spoons shares rise 2.84% premarket after $1.285 billion Airtable deal
Bending Spoons (BSP) said it will acquire collaboration platform Airtable at an enterprise value of $1.285 billion, marking its first M&A deal since listing on Nasdaq on July 1, 2026. Airtable’s annual recurring revenue reached about $480 million as of June 2026, up more than 20% year over year, and it serves more than 500,000 organizations, including 80% of the Fortune 100. Bending Spoons shares rose 2.84% to $37.25 in Tuesday premarket trading, according to Benzinga Pro data.
6h ago
9h ago
Adagio Medical shares extend rally with 22% after-hours jump to $0.46
Adagio Medical (ADGM) rose more than 21% in the regular session and added another 22% after hours, ending at $0.46. The company said preclinical data for its next-generation cryoablation system suggest ablation time could be cut by 50% to 75%, potentially saving up to 30 minutes per procedure. Adagio also said it expects FDA approval for its first-generation ULTA system in the coming months. The company’s market capitalization is about $10.17 million, while the stock is down 66.42% over the past 12 months.
9h ago
19h ago
Voyager Technologies shares jump 13.17% after Q2 revenue tops estimates and FY2026 guidance raised to $275 million–$305 million
Voyager Technologies reported FY2026 second-quarter revenue of $52.75 million, beating estimates of $48.23 million and rising 51% from the first quarter. The company posted an adjusted loss of 70 cents per share, narrower than the 91 cents per share loss expected. Voyager said quarterly bookings reached a record $113 million, with total backlog at a record $335.5 million, and it ended the quarter with approximately $373.44 million in cash and cash equivalents, according to Benzinga Pro. The company raised its FY2026 revenue outlook to $275 million to $305 million.
19h ago