Revenue Growth

Zedcor (ZDCAF) reported record Q3 2025 results, with $16.0 million in revenue (+75% YoY) and $5.7 million in Adjusted EBITDA (+68% YoY). The Adjusted EBITDA margin was 36%. Zedcor’s fleet reached 2,351 units (1,053 in the U.S.). The company raised $25.311 million in equity and increased its banking facility to $50.0 million. U.S. revenue was 36% of Q3 revenue, with Houston production at 35–40 towers/week. However, they reported a working capital deficit of $(4.8)M.

Cisco reported strong Q1 2025 results, exceeding expectations for both revenue ($14.88B) and EPS ($1 adjusted). Overall revenue grew 8% YoY, driven by a 15% surge in the networking segment. AI infrastructure orders reached $1.3 billion, highlighting Cisco’s strategic positioning. While security and collaboration segments saw declines, Cisco anticipates robust Q2 revenue ($15-$15.2B) and raised its full-year outlook, driven by AI and networking demand. Cisco shares are up 25% year-to-date.

Oura, the smart ring maker, projects sales near $2 billion next year, doubling its 2024 revenue. This surge is driven by women’s health features, international expansion, and AI integration. The company has sold over 5.5 million rings since 2015 and is focused on preventative health, incorporating glucose monitoring and researching blood pressure. Oura leverages AI to provide personalized health insights and has launched Oura Advisor, an AI-powered health chatbot. While an IPO is speculated, no immediate plans have been announced.

Willdan Group (WLDN) reported strong Q3 2025 financial results, with contract revenue up 15% to $182.0 million and net revenue increasing 25.5% to $95.0 million. Net income surged 86.8% to $13.7 million, and adjusted EBITDA rose 52.5% to $23.1 million. The company is raising its full-year 2025 financial targets, now anticipating net revenue between $360 million and $365 million and adjusted diluted EPS between $4.10 and $4.20. Willdan attributes its success to data center infrastructure and electrification initiatives.

Ralph Lauren Corporation reported strong second-quarter fiscal 2026 results, exceeding expectations with a 17% revenue increase (14% in constant currency). Global direct-to-consumer comparable store sales grew 13%. Adjusted gross and operating margins expanded, driven by strong full-price demand. The company maintained a healthy balance sheet with $1.6 billion in cash and returned $420 million to shareholders. Due to the strong first-half performance, the company raised its full-year fiscal 2026 constant currency revenue and adjusted operating margin expansion outlook.

Axon Enterprise (AXON) shares fell 9% after Q3 earnings missed expectations due to tariff headwinds, causing a margin decline to 62.7%. While revenue grew 31% to $711 million, driven by a 24% increase in connected devices revenue, the company reported a net loss. Axon is mitigating tariff impact by expanding its software and services, growing 41% to $305 million. The full-year revenue guidance was raised to $2.74 billion. Axon also announced the acquisition of Carbyne for $625 million, aiming to enhance emergency response systems with cloud and AI.

Despite Meta’s planned $14.3B investment interpreted by some as an acquihire and subsequent paused collaborations with OpenAI, Google, and xAI, Scale AI’s CFO Dennis Cinelli insists the company is thriving. He claims recent significant deals and growth in both its data and applications businesses, including contracts with the U.S. Department of Defense, have resulted in revenue “well into the nine figures,” approaching $1 billion. Scale AI is expanding and hiring, aiming to solidify its position in the AI development landscape.

HSBC CEO Georges Elhedery and General Atlantic CEO William Ford addressed concerns about the disconnect between massive AI infrastructure investments and revenue growth at a Hong Kong summit. While acknowledging AI’s transformative potential, they cautioned that significant productivity gains and consumer willingness to pay for AI-driven services are longer-term prospects, potentially lagging behind investor expectations. Ford compared AI to railroads and electricity, technologies with profound impacts realized over extended periods, highlighting the need for patience and awareness of early-stage pitfalls like capital misallocation.

Fiserv’s shares plummeted 44% after slashing its earnings outlook and announcing a leadership shakeup. The company lowered its full-year adjusted EPS forecast to $8.50-$8.60 and revenue growth to 3.5%-4%, citing deteriorating economic conditions in Argentina as a factor. Q3 adjusted EPS and revenue also missed estimates. Takis Georgakopoulos and Dhivya Suryadevara will share the co-president role, and Paul Todd is the new finance chief. Three new members will join the board in 2026. Fiserv is transferring its stock listing to the Nasdaq.

Meta (META) shares were volatile after Q3 results, despite exceeding revenue expectations with a 26% YoY increase to $51.24B. While EPS beat estimates, a $16B tax charge and increased capex guidance for AI investments in 2026 concerned investors. Meta emphasized the strategic importance of AI for advertising and future opportunities, citing strong user engagement and monetization. Q4 revenue is projected at $56B-$59B, with increased spending expected.