Revenue

ADTRAN Holdings reported preliminary Q4 2025 revenue between $290M-$293M, significantly exceeding previous guidance and signaling strong market demand. Full-year revenue is projected at $1,082.2M-$1,085.2M. Preliminary non-GAAP operating margin is expected at 6.0%-6.9%. These results reflect increased broadband infrastructure demand, a robust product portfolio, and effective operational execution. Audited results will be released on February 25, 2026.

OpenEvidence, an AI startup for physicians, has raised $250 million at a $12 billion valuation, bringing its total funding to $700 million in under a year. The platform, trained on medical literature, aims to assist doctors in clinical decision-making. It claims over 40% adoption among US physicians and generates revenue through advertising. Despite competition from giants like OpenAI and Anthropic, OpenEvidence leverages its specialized focus and user data as competitive advantages. The founder aims for long-term independent growth, viewing potential IPOs from other AI leaders as paving the way for future public offerings.

OpenAI is introducing ads to its free ChatGPT tier and a new “Go” offering in the U.S. to generate revenue, while premium subscriptions remain ad-free. Advertisements will appear at the bottom of responses, clearly marked, and will not influence chatbot output. User data will not be sold to advertisers, and ads will be excluded for users under 18 and from sensitive topics like politics, health, and mental health. This move aims to support OpenAI’s significant infrastructure costs and growth ambitions.

ASE Technology Holding reported strong 2025 results, with consolidated net revenues reaching approximately US$20.8 billion, an 11.8% increase year-over-year. The fourth quarter also saw robust growth. Demand for advanced packaging and testing services, driven by AI, 5G, and complex ICs, fueled this performance. The Advanced Technology Materials segment showed significant year-over-year revenue growth, highlighting its critical role in next-generation chip manufacturing.

Foxconn reported a 22% year-over-year revenue increase in Q4 2025, driven by strong demand for AI infrastructure. As a key manufacturer for Nvidia and a partner with OpenAI, Foxconn’s components and cloud computing segments saw significant growth. This performance, coupled with strategic investments and partnerships in AI development and data centers, has bolstered investor confidence and led to a substantial rise in its share price. The company anticipates continued high earnings due to robust AI rack shipment demand.

Salesforce’s fiscal Q3 beat EPS expectations ($3.25 vs. $2.86) with $10.26 bn revenue, an 8.6% YoY rise, and net income up to $2.09 bn aided by a $263 m investment gain. The company highlighted accelerated cloud adoption for Tableau and MuleSoft, and forecast FY Q4 revenue of $11.13‑$11.23 bn with adjusted EPS of $3.02‑$3.04. Growth is driven by AI‑focused acquisitions (Regrello, Waii), the new Agentforce platform, and the $8 bn Informatica deal. Despite a 29% stock decline this year, free cash flow grew 22% to $2.18 bn, though below consensus.

TRX Gold reported Q4 2025 and FY 2025 results with record revenue ($57.6 M) and cash generation. Q4 poured 6,404 oz and sold 6,977 oz at $3,363/oz, delivering $23.5 M revenue, $12.6 M gross profit and $12.7 M adjusted EBITDA (54% margin). FY 2025 adjusted EBITDA reached $22.0 M and net income $6.6 M; working capital improved to a 1.3 current ratio and short‑term debt was repaid. The Buckreef PEA projects 62,000 oz/yr and a $1.9 B pre‑tax NPV5%. FY 2026 guidance calls for 25‑30 k oz production, $15‑20 M capex, funded internally, with plant expansion and intensified exploration as key risks.

Ellomay Capital (ELLO) reported Dorad Energy’s Q3‑2025 interim results. Through its 50% stake in Ellomay Luzon Energy, Ellomay holds ~16.9% of Dorad. The company generated ₪ 919.1 million in revenue and ₪ 205.8 million operating profit, driven by summer demand and the TAOZ tariff, thus not representative of full‑year performance. Operating cash flow was ₪ 554.8 million, while financing activities used ₪ 218.9 million. The unaudited figures were not reviewed by Ellomay’s auditors. Key risks include seasonality, CPI‑linked interest costs and regulatory changes.

Dell Technologies reported fiscal Q3 earnings with revenue slightly below expectations at $27.01B, but EPS beat estimates at $2.59. The company’s stock surged due to a strong Q4 forecast driven by high AI server demand. Dell anticipates Q4 revenue of $31.5B and EPS of $3.50, with AI server shipments projected to reach $25B for the year. Infrastructure Solutions Group revenue was $14.11B, while Client Solutions Group revenue was $12.48B. Dell is strategically focusing on enterprise and neocloud AI customers.

Workday (WDAY) shares fell over 5% in after-hours trading after its quarterly margin guidance disappointed Wall Street. While Q3 earnings and revenue beat expectations ($2.32 adjusted EPS vs. $2.18 expected and $2.43B revenue vs. $2.42B expected), Q4 adjusted operating margin guidance of at least 28.5% trailed the anticipated 28.7%. Workday announced new AI agents and the acquisition of Sana for $1.1B. Elliott Management also disclosed a stake. Year-to-date, Workday shares are down 9%, reflecting market concerns about generative AI’s impact.