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Financial Performance

Butler National Posts Record Q1 Revenue, Up 53% to $30.8 Million

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Butler National Posts Record Q1 Revenue, Up 53% to $30.8 Million

New Century, Kansas – September 16, 2026 -- Butler National Corporation (OTCQX: BUKS) reported first-quarter fiscal 2027 revenue of $30.8 million, up 53% from the prior-year period, driven by a surge in aircraft modification work and a record aerospace backlog.

Net income climbs 43% to $5.3 million as operating margin expands to 24%

Operating income rose 59% to $7.4 million, while net income increased 43% to $5.3 million for the quarter ended July 31, 2026. Earnings per share rose to $0.08 from $0.06 a year earlier, reflecting margin expansion from 23% to 24%.

Hagens Berman Probes IBM Over Q2 Mainframe Revenue Collapse

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Hagens Berman Probes IBM Over Q2 Mainframe Revenue Collapse

San Francisco – September 15, 2026 -- Shareholder rights firm Hagens Berman is investigating International Business Machines Corporation (NYSE: IBM) for potential securities law violations after CEO Arvind Krishna disclosed a Q2 2026 earnings shortfall on July 14, 2026 that wiped out over $68 billion in market capitalization in a single trading day, sending IBM shares down 25%.

IBM's Z mainframe business drove a sudden reversal from prior growth guidance

On April 22, 2026, IBM reported quarterly revenue gains of 15% in Infrastructure, 28% in Hybrid Infrastructure, and 51% in IBM Z, with management projecting constant-currency revenue growth of "5-plus percent" for 2026 and a similar growth rate for the second quarter. Executives at the time called it a "tremendous start" and a "record start" for the z17 mainframe, launched in April 2025 as IBM's flagship system for large-scale AI processing.

Labcorp Targets 5-8% Revenue Growth Through 2029 at Investor Day

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Labcorp Targets 5-8% Revenue Growth Through 2029 at Investor Day

Burlington, N.C. – September 15, 2026 -- Labcorp (NYSE: LH) reaffirmed its full-year 2026 guidance and unveiled a long-term outlook through 2029 projecting compound annual revenue growth of 5% to 8% and compound annual adjusted earnings per share growth of 8.5% to 11.5%, the company said at its 2026 Investor Day.

Labcorp projects adjusted operating margin expansion of 75 to 150 basis points by 2029

The diagnostics and drug development laboratory company also targets compound annual free cash flow growth in line with adjusted earnings growth through the same period. Guidance assumes foreign exchange rates effective as of June 30, 2026, and reflects anticipated capital allocation including acquisitions, share repurchases and dividends.

IPitomy Posts Record 1H '26 Revenue as Clarion Eyes M&A Push

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IPitomy Posts Record 1H '26 Revenue as Clarion Eyes M&A Push

Atlanta – September 15, 2026 -- IPitomy Communications LLC, a subsidiary of Clarion Communications LLC, posted record first-half 2026 results, with adjusted EBITDA climbing 32.8% year-over-year.

Revenue and margins hit first-half highs

Revenue rose 6.4% year-over-year in 1H '26, while gross margin increased 2.6% over the same period. Sales bookings grew 10.9% year-over-year, marking the strongest first-half sales pipeline in the company's history.

IPitomy CEO cites disciplined execution behind growth

"We delivered a strong start to fiscal 2026, exceeding our goals for revenue, adj EBITDA, gross margin and sales pipeline, while continuing to build momentum across the business," said IPitomy CEO Joseph Haines, Sr.

Haivision Q3 Revenue Slips 1.4% as Supply Chain Squeezes Margins

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Haivision Q3 Revenue Slips 1.4% as Supply Chain Squeezes Margins

Montreal – September 15, 2026 -- Haivision Systems Inc. (TSX: HAI) reported third-quarter revenue of $34.5 million, down 1.4% year-over-year, as gross margins compressed to 69.4% from 72.0% amid escalating component costs and supply-chain disruptions.

Operating loss widens to $1.7 million in the quarter

The video networking provider swung to an operating loss of $1.7 million in Q3, compared with operating income of $0.3 million in the prior-year period. Total expenses rose to $25.7 million, up $0.8 million year-over-year. Adjusted EBITDA fell $2.0 million to $1.5 million, with the margin dropping to 4.3% from 10.1%.

Net loss hits $2.1 million versus prior-year profit

Haivision posted a net loss of $2.1 million for the three months ended July 31, 2026, reversing net income of $0.2 million a year earlier. Management attributed the swing to a $1.2 million decline in gross profit combined with higher operating costs.

Kewaunee Scientific Q1 Sales Fall 6.7% as Backlog Climbs to $169 Million

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Kewaunee Scientific Q1 Sales Fall 6.7% as Backlog Climbs to $169 Million

Statesville, N.C. – – September 15, 2026 -- Kewaunee Scientific Corporation (NASDAQ: KEQU) reported first-quarter fiscal 2027 sales of $66.3 million, down 6.7% from $71.1 million a year earlier, even as order backlog rose to $169.0 million from $165.9 million at the end of April.

Net earnings drop to $1.7 million on lower manufacturing volumes

Pre-tax earnings fell 34.7% to $2.56 million from $3.92 million in the prior-year quarter, while net earnings declined to $1.706 million from $3.093 million. Diluted earnings per share came in at $0.58, down from $1.04. EBITDA for the quarter totaled $4.525 million versus $6.32 million a year ago. Backlog, while up sequentially, remains well below the $205.0 million recorded on July 31, 2025.

Research Solutions Posts Record $2.8M Net Income, B2B ARR Up 14%

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Research Solutions Posts Record $2.8M Net Income, B2B ARR Up 14%

Henderson – September 15, 2026 -- Research Solutions, Inc. (NASDAQ: RSSS) reported fiscal year 2026 net income of $2.8 million, more than double the $1.3 million posted in fiscal 2025, as its shift toward higher-margin Platform subscriptions offset a decline in transaction volume.

B2B annual recurring revenue climbs 14.1% to $16.2 million

For the fiscal year ended June 30, 2026, total ARR reached $22.5 million, up 7.8% year-over-year, comprising $16.2 million of B2B recurring revenue and $6.3 million from B2C. The B2B segment added 105 net new platform deployments during the year, while AI-related ARR contributed $0.8 million.