| | | | An analytics firm is surging on double-digit revenue gains and an AI push, a medical device maker is up 10% on a strong revenue beat, and a beverage stock has nearly tripled itself after sealing a major U.S. distribution deal. Here’s what’s moving the markets right now. | |
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| | | | | What to Watch | Earnings: | RH [RH]: Aftermarket
Penguin Solutions, Inc. [PENG]: Aftermarket
Franklin Covey Company [FC]: Aftermarket
Resources Connection, Inc. [RGP]: Aftermarket
Bassett Furniture Industries, Incorporated [BSET]: Aftermarket
ClearSign Technologies Corporation [CLIR]: Aftermarket | Economic Reports: | ADP Employment [March]: 8:15 a.m. Factory Orders [Feb]: 10:00 a.m. Fed Governor Adriana Kugler will speak at 4:30 p.m. | |
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| | | | Technology | Cognyte Closes Fiscal Year with Solid Gains, Eyes $392M in FY26 Revenue | | Cognyte Software Ltd. (NASDAQ: CGNT) reported robust fourth-quarter and full-year results for the fiscal year ending January 31, 2025, driven by strong product demand and improving margins. | Shares of the investigative analytics software company are soaring 8% in premarket trade. | For the fourth quarter, Cognyte posted $94.5 million in revenue, a 13% year-over-year increase. | Adjusted EBITDA more than doubled to $9.3 million, while non-GAAP operating income rose to $6.0 million from just $1.0 million a year ago. | Although GAAP net loss narrowed to $0.2 million, the improvement marks significant operational progress. | Full-year revenue reached $350.6 million, up 12% from fiscal 2024. Adjusted EBITDA surged to $29.1 million—more than tripling the previous year’s figure. | The company also cut its net loss to $7.2 million, down from $11.6 million. | Cognyte closed the fiscal year with $113.1 million in cash and reported $46.8 million in operating cash flow for the year. | Looking ahead, the company projects fiscal 2026 revenue to reach $392 million and expects adjusted EBITDA of $43 million, indicating continued margin expansion. | Non-GAAP EPS is expected to hit $0.16. | CEO Elad Sharon says the company is benefiting from expanded client relationships and a focus on AI-driven solutions. CFO David Abadi added that profitability in 2026 is set to outpace revenue growth, driven by operating efficiency and recurring revenue gains. |
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| | Technology | BlackBerry Projects Up to $534M in FY26 Revenue After Cylance Sale and Cloud Pivot | | BlackBerry Ltd. (NYSE: BB) reported better-than-expected financial results for its fourth quarter and fiscal year ending February 28, 2025, underscoring strong momentum across its key business segments. | In Q4, total revenue reached $141.7 million, supported by a robust 74% adjusted gross margin. | Operating earnings (EBITDA) stood at $21.1 million, beating internal forecasts. | The company’s QNX software unit contributed $65.8 million in sales, while its Secure Communications segment generated $67.3 million. Licensing revenue added $8.6 million to the total. | For the full year, BlackBerry reported $534.9 million in revenue with $84.2 million in adjusted EBITDA. | QNX revenue climbed 10% year-over-year to $236 million, while Secure Communications brought in $272.6 million. Licensing revenue totaled $26.3 million. | In a key strategic move, BlackBerry completed the sale of its cybersecurity unit, Cylance, to Arctic Wolf, netting an initial $80 million in cash and strengthening its balance sheet. | The company also forged new partnerships, including one with Microsoft to bring its QNX platform to Azure, and launched collaborations with major players like AMD, Intel, and Vector. | Looking ahead, BlackBerry forecasts Q1 FY2026 revenue between $107 million and $115 million. Full-year revenue is expected to range between $504 million and $534 million. | CEO John J. Giamatteo called the fiscal year “transformational,” citing steady performance across divisions and key milestones like the Cylance divestiture. |
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| | Medical Equipment | MedTech Growth Drives AngioDynamics Shares Up 10% | | Shares of AngioDynamics (NASDAQ: ANGO) are soaring this morning on stronger-than-expected fiscal third-quarter results and increased full-year forecast. | The medical device maker’s stock is up more than 10% in premarket trading. | For the quarter ending February 28, the company’s adjusted earnings are $0.03 per share. This is significantly ahead of analysts’ projections, who anticipated a loss of $0.11 per share. | Revenue is at $72 million, exceeding the consensus estimate of $70.57 million. | The standout performer this quarter was AngioDynamics' MedTech division, which includes its Auryon atherectomy and thrombus management devices. | Sales in this segment surged 22.2% year-over-year to $31.3 million, contributing meaningfully to the company’s overall growth. | CEO Jim Clemmer credited the company’s strong topline growth and positive adjusted EBITDA for the quarter’s outperformance. | He also highlighted the continued success of AngioDynamics’ portfolio in driving consistent progress throughout the fiscal year. | Looking ahead, the company has raised its full-year 2025 revenue projection to a range of $285 million to $288 million, slightly up from the previous estimate. | It also narrowed its expected adjusted earnings loss to between $0.31 and $0.34 per share, an improvement from prior guidance. | The results and revised outlook reflect AngioDynamics' growing momentum in the medical technology space and its improved operating efficiency. |
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| | Movers and Shakers | | Innovation Beverage Group Limited [IBG] - Last Close: $0.49 | Innovation Beverage Group owns several bitters and premium beverage brands. | Its shares are up nearly 200% in premarket trading after announcing a major U.S. distribution deal with Republic National Distribution Company (RNDC), one of the country’s largest alcohol distributors, granting IBG access to key states including California and Michigan. | My Take: IBG is gaining traction fast in the global beverage market. This RNDC deal is a great chance for it to dominate the U.S. market. Watch this stock for growth-oriented upside. |
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| Sunshine Biopharma Inc. [SBFM] - Last Close: $2.08 | Sunshine Biopharma is a pharmaceutical manufacturer. | SBFM is making waves in premarket trading after posting impressive 2024 results, reporting $34.9 million in revenue—a 45% jump from last year. | My Take: Sunshine Biopharma is quickly evolving from a small-cap pharma to a serious contender in oncology and infectious disease. With strong sales momentum and credible scientific progress, it’s a stock worth keeping on your radar. |
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| Sportsman's Warehouse Holdings, Inc. [SPWH] - Last Close: $0.97 | Sportsman’s Warehouse is a go-to destination for outdoor gear, with a loyal customer base in hunting, fishing, and camping. | Shares are rising 40% in premarket trading after Sportsman’s posted better-than-expected same-store sales (down just 0.5% vs. 5% expected) and beat revenue forecasts. | My Take: Sportsman’s is showing signs of resilience with a niche market focus and solid fundamentals. While growth is slow, they seem to be headed for a broader recovery. Keep this stock on your wait and watch list. |
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| | | | | | That’s all for today. Thank you for reading. If you have any feedback, please reply to this email. | Best Regards, | — Adam Garcia Elite Trade Club |
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