financial_performance

OCC Q3 Net Sales Jump 22% as Data Center Demand Drives Profit Surge

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OCC Q3 Net Sales Jump 22% as Data Center Demand Drives Profit Surge

Roanoke, Va. – September 13, 2026 -- Optical Cable Corporation (Nasdaq GM: OCC) reported third-quarter fiscal 2026 net sales of $24.3 million, up 22.0% from $19.9 million a year earlier, as demand accelerated across its enterprise, data center and specialty markets.

Gross profit climbs 43.9% on manufacturing leverage

Gross profit for the quarter ended July 31, 2026 rose to $9.1 million from $6.3 million, lifting gross margin to 37.4% from 31.7% in the prior-year period. The company attributed the gain to higher sales volumes and improved manufacturing operating leverage.

Flotek Raises 2026 Revenue Guidance to $370M on Saudi Chemistry Surge

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Flotek Raises 2026 Revenue Guidance to $370M on Saudi Chemistry Surge

Houston – September 13, 2026 -- Flotek Industries (NYSE: FTK) raised its full-year 2026 revenue guidance to a range of $360 million to $370 million, up from the $340 million to $350 million forecast issued just weeks earlier, citing surging international chemistry sales tied to work in Saudi Arabia.

Flotek lifts EBITDA outlook to $50-54 million after second guidance revision in five weeks

The company also raised its Adjusted EBITDA guidance to $50 million to $54 million, up from the $47 million to $51 million range announced on August 4, 2026. At the midpoints of the new ranges, Flotek's 2026 total revenue would grow 54% and Adjusted EBITDA would grow 58% compared with reported full-year 2025 figures.

Kenon Collects $93M Peru Award as OPC Profit Jumps to $15M in Q2

Singapore – September 12, 2026 -- Kenon Holdings Ltd. (NYSE: KEN, TASE: KEN) has received approximately $93 million, net of costs and subject to tax, from the Republic of Peru following payment of an International Centre for Settlement of Investment Disputes (ICSID) arbitration award, closing a dispute first won in October 2023. The total payment from Peru was approximately $203 million, with the remainder allocated to a capital provider and outstanding expenses.

MIND Technology Q2 Loss Widens as Revenue Falls 59% to $5.6M

The Woodlands, Texas – September 12, 2026 -- MIND Technology, Inc. (NASDAQ: MIND) reported a $1.7 million net loss for its fiscal 2027 second quarter ended July 31, 2026, as revenue fell to $5.6 million from $13.6 million a year earlier.

Revenue drops 59% year-over-year amid marine survey market slowdown

Second-quarter revenue of $5.6 million compares with $9.7 million in the prior quarter and $13.6 million in the same period last year. The company swung to an operating loss of $1.8 million, versus operating income of $14,000 in the first quarter and $2.7 million a year earlier.

SANY Heavy Industry H1 Revenue Jumps 19.5% to $7.89 Billion on Overseas Growth

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SANY Heavy Industry H1 Revenue Jumps 19.5% to $7.89 Billion on Overseas Growth

Hong Kong – – September 11, 2026 -- SANY Heavy Industry (600031.SH) posted first-half 2026 revenue of approximately $7.89 billion, up 19.49% year-over-year, with attributable net profit rising 9.13% to $838.887 million.

Second-quarter revenue growth accelerates to 24.39%, outpacing first-half rate

Q2 revenue reached $4.328 billion, while attributable net profit climbed 16.93% to $473.108 million. Operating cash flow totaled $1.44 billion. As of June 30, total assets stood at $26.708 billion and net equity at $13.576 billion.

Overseas revenue hits $4.724 billion, now 61.33% of core business

International sales grew 21.82% year-over-year. By region, Africa led growth at 47.66% to $790.234 million, followed by the Americas at 24.70% to $930.294 million, Asia and Australia at 17.38% to $1.981 billion, and Europe at 12.68% to $1.022 billion.

Memorial Healthcare Posts Record $3.8B Revenue, $487.6M Surplus

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Memorial Healthcare Posts Record $3.8B Revenue, $487.6M Surplus

Hollywood, Fla. – September 11, 2026 -- Memorial Healthcare System reported $3.8 billion in operating revenue for fiscal year 2026, a 7.7% increase over the prior year, as the South Florida public health system posted its strongest financial results to date.

Operating income surges more than 60% to $220.7 million

Excess of revenues over expenses reached a record $487.6 million, up 20.3% year-over-year. Memorial's net position grew by more than $503 million, closing the fiscal year at $4.1 billion.

Hospital outpatient visits climb 5.7% amid rising patient acuity

Patients increasingly sought advanced specialty care through Memorial's cancer, cardiac, neuroscience and pediatric programs, pushing acuity levels higher across the system.

Canaan Q2 Revenue Falls 49% to $31.9M as BTC Treasury Hits Record 1,915

Singapore – September 11, 2026 -- Canaan Inc. (NASDAQ: CAN) reported unaudited second-quarter 2026 total revenue of US$31.9 million, down 49% from US$62.7 million in Q1 2026 and 68% below the US$100.2 million recorded in Q2 2025, as bitcoin price weakness and seasonal power constraints hit mining-rig demand.

Digital asset treasury climbs to a record 1,915 BTC and 3,952 ETH

Canaan's cryptocurrency treasury reached its highest level to date at quarter-end, even as the company posted a gross loss of US$29.3 million, widening from a US$22.9 million gross loss in Q1 2026 and reversing a gross profit of US$9.3 thousand in Q2 2025. The company mined 243 bitcoins during the quarter and sold 2.5 EH/s of computing power.

Acer August Revenue Jumps 38.4% YoY to 13-Year High

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Acer August Revenue Jumps 38.4% YoY to 13-Year High

Taipei – – September 11, 2026 -- Acer Inc. (TWSE: 2353) posted consolidated revenue of NT$30.18 billion in August, up 38.4% year-on-year, marking the company's strongest August performance in 13 years.

Year-to-date revenue climbs 25.1% to NT$214.81 billion

Cumulative revenue through August reached NT$214.81 billion, a 25.1% increase over the same period last year and also a 13-year high for the January-to-August window.

PC segment growth accelerates on desktop and Chromebook demand

PC revenue rose 40.5% YoY in August and 22.6% YoY year-to-date. Desktop PC sales grew 14.5% YoY in August and 33.4% YoY year-to-date, a gain Acer attributed to increased AI usage. Chromebook revenue surged 166.3% YoY in August, bringing the year-to-date increase to 11.7%. Commercial-line revenue expanded 60.6% YoY in August and 38.9% YoY over eight months.

Ping An Rating Hits A+ on Hang Seng Index as H1 Net Profit Jumps 36%

Hong Kong – September 09, 2026 -- Ping An Insurance (Group) Company of China, Ltd. (HKEX: 2318; SSE: 601318) has been upgraded from A to A+ in the 2026 Hang Seng Sustainability Rating, marking the third consecutive annual improvement for the insurer. The upgrade places Ping An's A-shares in the top 10% of both the broader A-share universe and financial-sector peers, while its H-shares rank in the top 20% of Hong Kong-listed companies and top 10% of financials.

American Outdoor Brands Q1 Sales Rise 25.4% as Margins Expand 630bps

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American Outdoor Brands Q1 Sales Rise 25.4% as Margins Expand 630bps

Columbia, Mo. – September 08, 2026 -- American Outdoor Brands, Inc. (NASDAQ: AOUT) reported first quarter fiscal 2027 net sales of $37.3 million, up 25.4% from $29.7 million a year earlier, though growth normalizes to 4.3% after adjusting for $6.0 million in retailer orders that were pulled forward into the prior-year period.

Gross margin expands 630 basis points to 53.0%

Gross margin climbed to 53.0% from 46.7% in the year-ago quarter. GAAP net loss narrowed to $1.5 million, or $(0.12) per diluted share, from a $6.8 million loss, or $(0.54) per share, a year earlier. Non-GAAP net income reached $415,000, or $0.03 per diluted share, reversing a $3.3 million non-GAAP loss in the comparable quarter. Adjusted EBITDA turned positive at $1.2 million, or 3.1% of net sales, versus a negative $3.1 million, or (10.5)% of net sales, last year.