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Peec AI hits $10M ARR 16 months after launch as brands race to optimize for AI search

Doubled revenue in 5 months, and opening first US office in New York. Berlin, BERLIN, May 28, 2026 (GLOBE NEWSWIRE) — Peec AI, the AI search analytics platform, today announced it has surpassed $10 million in annual recurring revenue (ARR) just 16 months after launching its product. The company also confirmed the opening of its first US office in New York to support accelerating demand from American enterprises.The team behind Peec AI. Photo credit: Thomas Oberniedermayr Peec AI grew from $0 to $5M ARR in its first 11 months and doubled to $10M ARR in the five months that followed. Headcount grew from 25 to more than 70 employees across engineering, go-to-market and operations in the last six months. “Brands that figured out SEO early won the last decade. The same dynamic is playing out right now with AI search — just compressed...

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Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2026; Declares Cash Dividend of $0.01 Per Common Share

ATHENS, Greece, May 28, 2026 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $29.1 million and net income attributed to common stockholders of $27.7 million for the first quarter of 2026. This compares to net income of $3.0 million and net income attributable to common stockholders of $1.6 million for the first quarter of 2025. Earnings per share for the first quarter of 2026 was $0.25 basic and diluted, compared to $0.01 basic and diluted for the same quarter of 2025. Time charter revenues were $54.7 million for the first quarter of 2026, compared to $54.9 million for the same quarter of 2025. The slight decrease in time charter revenues, compared to the same quarter of the prior...

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Conavi Medical Reports Fiscal Second Quarter 2026 Results and Operational Highlights

– Achieves U.S. FDA 510(k) Clearance for Next-Generation Hybrid IVUS-OCT Imaging System– Wins Multiple Industry Awards Recognizing Innovation and Leadership in Intravascular Imaging– Advances U.S. Commercial Readiness and Launch Financing Initiatives TORONTO, May 28, 2026 (GLOBE NEWSWIRE) — Conavi Medical Corp. (TSXV: CNVI) (OTCQB: CNVIF) (“Conavi” or the “Company”), a medical device company focused on designing, manufacturing, and marketing imaging technologies to guide minimally invasive cardiovascular procedures, today reported financial results and provided an operational update for the fiscal quarter ended March 31, 2026 (“Fiscal Q2 2026”). “Fiscal Q2 2026 marked a transformational period for Conavi highlighted by FDA 510(k) clearance of our next-generation Novasight™ Hybrid system, a milestone that...

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Sol-Gel Reports First Quarter 2026 Financial Results and Provides Corporate Updates

Sol-Gel received a Notice of Allowance for a method-of-use patent extending intellectual property protection for topical patidegib (SGT-610) until 2044 Sol-Gel completed an oversubscribed underwritten offering, raising gross proceeds of approximately $33.1 million from leading healthcare specialist investors Pivotal Phase 3 clinical trial of SGT-610 (patidegib gel, 2%) for Gorlin syndrome remains ongoing, with top-line results on track for anticipated readout in the fourth quarter of 2026 Sol-Gel signed an exclusive license agreement with Sun Pharmaceutical Industries Ltd. for the commercialization of TWYNEO® in IndiaNESS ZIONA, Israel, May 28, 2026 (GLOBE NEWSWIRE) — Sol-Gel Technologies, Ltd. (NASDAQ: SLGL), a dermatology company, pioneering treatments for patients with rare and severe skin conditions, today announced financial...

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Formula Systems Reports First Quarter 2026 Financial Results

Revenues for the first quarter increased by 19.2% year over year, reaching a first quarter record-breaking $738.3 million. Net income attributable to Formula Systems’ shareholders for the first quarter increased by 84.5% year over year, reaching a first quarter all-time high of $35.6 Million. OR YEHUDA, Israel, May 28, 2026 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results of operations for the first quarter ended March 31, 2026. Financial Highlights for the First Quarter of 2026On February 24, 2026, Matrix IT Ltd. (“Matrix”) and Magic...

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Alarum Technologies Reports 64% Revenue Growth to $11.7 Million in First Quarter 2026, Driven by Strong AI Demand

Positive IFRS net income of $0.6 million and Adjusted EBITDA of $2.1 million TEL AVIV, Israel, May 28, 2026 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq: ALAR, TASE: ALAR) (“Alarum” or the “Company”), a global provider of Artificial Intelligence (“AI”) data infrastructure and web data collection solutions, today announced its financial results for the three-month period ended March 31, 2026. Financial Highlights – First Quarter 2026 • Revenues of $11.7 million, up 64% year-over-year, and a slight 0.9% decline from the prior quarter. • Gross margin of 61.7%, compared to 53.8% in the prior quarter and 67.5% in the first quarter of 2025.• IFRS net income of $0.6 million, compared to $0.2 million in the prior quarter and $0.4 million in the first quarter of 2025.• Adjusted EBITDA of $2.1 million compared to $1.0 million in the...

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BOS Reports Financial Results for the First Quarter of 2026

Raises Full-Year 2026 Revenue Guidance RISHON LE ZION, Israel, May 28, 2026 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (Nasdaq: BOSC), an integrator of supply chain technologies for the aerospace, defense, industrial, and retail sectors, today announced its financial results for the first quarter of 2026. Quarter Ended March 31, 2026 Financial Results Revenues for the first quarter of 2026 were $11.4 million. While revenues in the first quarter of 2025 were $15.0 million, that figure was boosted by a single outsized transaction of $2.5 million, making the 2025 full-year average quarterly revenue, of $12.6 million a more representative comparison. Gross Profit in the first quarter of 2026 was $2.8 million with a gross profit margin of 24.9%, compared to $3.6 million with...

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Photronics Reports Second Quarter 2026 Results

BROOKFIELD, Conn., May 28, 2026 (GLOBE NEWSWIRE) — Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its second quarter of fiscal year 2026 ended May 3, 2026. Commenting on the second quarter performance, Chairman and CEO George Macricostas said, “Photomask market dynamics reflect a mix of supportive long-term drivers and several temporary headwinds. In the near term, certain design releases have been delayed due to elevated fab utilization rates, which are extending new product launch timelines, memory supply constraints and related cost pressures for OEMs, and geopolitical uncertainty. The underlying long-term demand environment remains strong as we advance our investments in the U.S. and Korea to strengthen our position at the high end of the market...

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Sono-Tek Reports Fiscal Fourth Quarter and Full Year 2026 Financial Results

Reports Second Consecutive Year of over $20 Million in Revenue and Eighth Consecutive Quarter above $5 Million Significant Profitability Expansion with 51% Gross Margin for FY 2026 FY 2026 Operating Income Increased 81% and Net Income Increased 42% Year-Over-Year Backlog Remains Strong at $9.1 Million Anticipating Continued Revenue Growth in 1H 2027 Driven by Strong Medical Sector and High-ASP Systems Conference call scheduled for 10:30 AM ET Today MILTON, N.Y., May 28, 2026 (GLOBE NEWSWIRE) — Sono-Tek Corporation (Nasdaq: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today reported financial results for the fiscal fourth quarter and full fiscal year 2026, ended February 28, 2026. Steve Harshbarger, CEO & President of Sono-Tek, stated:“We are greatly encouraged by our fiscal 2026 results, highlighted...

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Kraken Robotics Reports Q1 2026 Financial Results with 35% Year-Over-Year Revenue Growth and Reiterates 2026 Guidance

ST. JOHN’S, Newfoundland and Labrador, May 28, 2026 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF), has filed its financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Please refer to the unaudited consolidated financial statements and management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2026, filed on SEDAR+ at www.sedarplus.ca, for more information. Unless otherwise specified, all dollar amounts in this release are denominated in Canadian dollars. As previously released on March 3, 2026 (the “March 3 News Release”), the Company entered into a definitive agreement to acquire Covelya Group Limited (“Covelya Group”), a leading international provider of mission-critical underwater technology solutions, for total consideration of...

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