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Manufacturing segment revenues were USD 65.7 million, compared with USD 154.0 million. The USD 88.3 million decrease was primarily driven by lower railcar delivery volumes and an unfavorable product mix in the cars delivered. Aftermarket segment revenues were USD 10.8 million, compared with USD …
For the nine months ended September 30, 2026, revenue was USD 702.2 million, compared with USD 422.1 million, an increase of approximately 66%.
Founder and Chief Executive Officer Bohn Crain described the results as strong across the board, with revenue up 23.4%, adjustedGross Profitup 15.3%, adjusted EBITDAMarginexpanding 630 basis points and adjusted EBITDA of USD 12.2 million.
High Specification Rigs revenue increased USD 29.6 million, or 37%, to USD 110.5 million from USD 80.9 million. The company attributed USD 30.9 million of the growth to the AWS Acquisition, and total rig hours rose to 143,500 from 111,200. Hourly rig rates increased …
The company attributed the increase primarily to the KUBRAAcquisitionand approximately USD 10.6 million of growth from existing clients driven byVolumegrowth and payment mix. Incremental revenues of approximately USD 65.1 million were attributable to KUBRA.
Gross profit was USD 113.1 million, compared with USD 129.9 million. The loss from operations was USD 12.5 million, compared with USD 33.9 million. The net loss was USD 53.5 million, or USD 0.21 per share, compared with a net loss of USD 67.1 …
Core SanminaBusinessrevenue was USD 2.97 billion, up 42%, which management said exceeded its outlook with broad based strength across end markets. ZT Systems business revenue was USD 884 million, in line with its outlook.
The company said the net income gains reflect changes in theFair Valueof its ETH holdings and do not represent cash. ETH appreciated approximately 72% during the quarter, from about USD 1,563 at the end of June to USD 2,681 as of September 30, 2026. …
Net investment income was USD 7.2 million, or USD 0.25 per share, compared with USD 9.1 million, or USD 0.32 per share, in the prior year quarter. For the nine months ended September 30, 2026, total investment income was USD 68.0 million, compared with …
Chairman and Chief Executive Officer Carlos Domingo said the company listed on the New York Stock Exchange in the quarter and reached a company record USD 5 billion in average tokenized assets, up 39% from a year ago.
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