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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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BURLINGTON STORES REPORTS STRONG FIRST QUARTER SALES AND EARNINGS GROWTH, WELL AHEAD OF GUIDANCE. THIS REPRESENTS THE 14TH CONSECUTIVE QUARTER OF DOUBLE DIGIT EPS GROWTH.

Total sales increased 14%, on top of 6% last year  Comparable store sales increased 6% Net income was $115 million, and diluted EPS was $1.79  Excluding certain expenses associated with bankruptcy acquired leases:  Adjusted EPS increased 26% to $2.10, well above guidance Full year adjusted EPS guidance is now $11.45 to $11.80BURLINGTON, N.J., May 28, 2026 (GLOBE NEWSWIRE) — Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories, and merchandise for the home at everyday low prices, today announced its results for the first quarter ended May 2, 2026. Michael O’Sullivan, CEO, stated, “We are pleased with our strong performance in the first quarter. Adjusted EPS grew 26% versus the first quarter of last year, which represented our 14th consecutive...

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Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2026

SHENZHEN, China, May 28, 2026 (GLOBE NEWSWIRE) — Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights (results presented herein exclude Shenzhen Onething, discontinued operations, unless specified otherwise1)Total revenues were US$98.6million, representing an increase of 54.1% year-over-year. Subscription revenues were US$45.0 million, representing an increase of 26.2% year-over-year. Live-streaming and other services revenues were US$53.6 million, representing an increase of 89.3% year-over-year. Gross profit was US$57.7 million, representing an increase of 45.8% year-over-year, and gross profit...

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DouYu International Holdings Limited Reports First Quarter 2026 Unaudited Financial Results

WUHAN, China, May 28, 2026 (GLOBE NEWSWIRE) — DouYu International Holdings Limited (“DouYu” or the “Company”) (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial HighlightsTotal net revenues in the first quarter of 2026 were RMB821.8 million (US$119.1 million), compared with RMB947.1 million in the same period of 2025. Gross profit in the first quarter of 2026 was RMB129.4 million (US$18.8 million), compared with RMB113.5 million in the same period of 2025. Income from operations in the first quarter of 2026 was RMB22.2 million (US$3.2 million), compared with a loss from operations of RMB26.1 million in the same period of 2025. Net income in the...

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