Year: 2026

First quarter revenue of $24.4M, +46% year-over-year growth; IFRS gross margin of 75.0% First quarter usage fee revenue of $11.0M, +56% year-over-year growthIFRS and non-IFRS net income of $1.3M and $1.7M versus IFRS and non-IFRS net losses of $1.1M and $0.4M in the prior year ago periodApproximately 2,900 Sofwave systems sold to date and more than 865,000 Sofwave treatments administered since commercializationSAN CLEMENTE, Calif., May 05, 2026 (GLOBE NEWSWIRE) —  Sofwave Medical Ltd (TASE: SOFW), an emerging leader in energy-based non-invasive, aesthetic medical devices for practitioners worldwide, reported financial results for the three-month period ended March 31, 2026, and recent business highlights. First Quarter 2026 Financial HighlightsFirst Quarter 2026 Revenue of $24.4M; representing 46% year-over-year growthRecurring...

Completed enrollment of the Phase 3 APOLLO study of bitopertin in erythropoietic protoporphyria (EPP); topline data expected in Q4 2026Updated data from Phase 2 study of DISC-0974 in patients with anemia of myelofibrosis (MF) to be shared at the American Society of Clinical Oncology (ASCO) Annual Meeting as an oral presentationProgressing ongoing Phase 2 study of DISC-3405 in polycythemia vera (PV) and Phase 1b study of DISC-3405 in sickle cell disease (SCD), with data from both studies expected in Q4 2026Strong financial position ending Q1 with approximately $730 million in cash, cash equivalents, and marketable securities, providing runway into 2029WATERTOWN, Mass., May 05, 2026 (GLOBE NEWSWIRE) — Disc Medicine, Inc. (NASDAQ:IRON), a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization...

 Strong Start to the Year on Growing Demand and Continued Focus on Execution of Strategic Initiatives Managing Costs and Mitigating Tariff Impact on Gross Margin MARLBOROUGH, Mass., May 05, 2026 (GLOBE NEWSWIRE) — IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2026.    Three Months Ended March 31,(In millions, except per share data and percentages)     2026       2025     ChangeRevenue   $ 265.5     $ 227.8     17 %Gross margin     37.5 %     39.4 %    Operating income (loss)   $ (7.7 )   $ 1.8     NMOperating margin   (2.9)%     0.8 %    Net income   $ 1.6     $ 3.8     (58)%Earnings per diluted share   $ 0.04     $ 0.09     (56)%Non-GAAP Measures*            Adjusted gross margin     37.8 %     40.0 %    Adjusted EBITDA   $ 35.2     $ 32.7     8 %Adjusted...

– Planning for dual launches of bezuclastinib in Systemic Mastocytosis and Gastrointestinal Stromal Tumors (GIST) – Pivotal data from Phase 3 PEAK trial in GIST patients selected for oral presentation at 2026 ASCO annual meeting  – Ended 1Q 2026 with $866.4 million in cash, sufficient to fund operations into 2028 WALTHAM, Mass. and BOULDER, Colo., May 05, 2026 (GLOBE NEWSWIRE) — Cogent Biosciences, Inc. (Nasdaq: COGT), a biotechnology company focused on developing precision therapies for genetically defined diseases, today provided a business update and announced financial results for the first quarter ended March 31, 2026. “2026 is shaping up to be a pivotal year for Cogent,” said Andrew Robbins, Cogent’s President and Chief Executive Officer. “We have two NDAs for bezuclastinib under FDA review and expect to...

Operating Income of $8.3 Million and Current Accident Year Combined Ratio of 94.9% Demonstrate Continued Underlying Underwriting Profitability on 5.4% Growth in Net Earned Premiums WILMINGTON, Del., May 05, 2026 (GLOBE NEWSWIRE) — Global Indemnity Group, LLC (Nasdaq: GBLI) (the “Company”) today reported financial results for the three months ended March 31, 2026. Operating income was $8.3 million, or $0.57 per share, compared to an operating loss of $4.1 million, or ($0.30) per share in 2025. Net income available to common shareholders was $4.1 million, or $0.29 per share, compared to a net loss of $4.1 million, or ($0.30) per share in 2025. Current accident year underwriting income increased to $5.5 million in 2026, growth of 4% over 2025 excluding the California Wildfires, with a 54.8% loss ratio and a 94.9% combined...

Confirmatory Phase 3 trial of roluperidone for negative symptoms of schizophrenia initiated and first patient screened Previous open label trial data presented at SIRS 2026 showed no safety or drug–drug interaction concerns with roluperidone and olanzapine Roluperidone remains the only late-stage drug candidate for this high-need population BURLINGTON, Mass., May 05, 2026 (GLOBE NEWSWIRE) — Minerva Neurosciences, Inc. (Nasdaq: NERV), a clinical-stage biopharmaceutical company focused on the development of therapies to treat central nervous system disorders, today reported financial and business updates for the first quarter ended March 31, 2026. Business Updates Roluperidone – potentially the First Treatment for Negative Symptoms of SchizophreniaMinerva initiated its global confirmatory Phase 3 clinical trial of roluperidone...

Announced positive topline induction data from Part A of the Phase 2 SKYLINE trial of SPY001, demonstrating best-in-class efficacy potential and a safety profile consistent with the α4β7 class  Announced over-enrollment and acceleration of topline readout to the third quarter of 2026 of the rheumatoid arthritis (“RA”) sub-study of the Phase 2 SKYWAY basket trial Remain on track for 6 proof-of-concept readouts in 2026 across the SKYLINE and SKYWAY Phase 2 trials Further strengthened the balance sheet with $463 million gross proceeds from an underwritten public offering ofcommon stock $1.2 billion in pro forma cash, cash equivalents, and marketable securities as of March 31, 2026, with expected runway into the second half of 2029 WALTHAM, Mass., May 05, 2026 (GLOBE NEWSWIRE) — Spyre Therapeutics, Inc. (“Spyre” or the “Company”) (NASDAQ:SYRE),...

OAK BROOK, Ill., May 05, 2026 (GLOBE NEWSWIRE) — Portillo’s Inc. (“Portillo’s” or the “Company”) (NASDAQ: PTLO), the one-of-a-kind restaurant concept known for its menu of Chicago-style favorites, today reported financial results for the first quarter ended March 29, 2026. First Quarter 2026 Performance Highlights (vs. First Quarter 2025):Total revenue of $182.6 million, an increase of 3.5% or $6.2 million Same-restaurant sales decrease of -0.1% Operating income of $4.5 million, a decrease of $5.9 million Net loss of $0.5 million, a decrease of $4.5 million from net income of $4.0 million Restaurant-Level Adjusted EBITDA(1) of $34.8 million, a decrease of $1.8 million Adjusted EBITDA(1) of $18.5 million, a decrease of $2.8 million(1) Restaurant-Level Adjusted EBITDA and Adjusted EBITDA are non-GAAP measures. Please see definitions...