#q3-revenue

#q3-revenue

MLPA holds stakes in large-cap midstream Master Limited Partnerships that operate pipelines, storage facilities, and processing plants for crude oil and natural gas. These businesses collect volume-based tariffs and fees under multi-year contracts rather than selling commodities at spot prices.

Mark Mahaney described tech stocks as dislocated high-quality companies, emphasizing that they present opportunities as narratives shift, particularly around Amazon's AI capabilities.

Barclays believes Maryland and Pennsylvania are becoming less constructive jurisdictions for Exelon, and that this should result in a wider discount on Exelon's distribution portfolio on most comparatives.

U.S. same-store sales accelerated to +3.7% in Q4 2025, compared to just +0.4% in the prior-year quarter. That momentum sets up a favorable comparison heading into Q1 2026.

Medtronic ( NYSE: MDT) delivered its strongest enterprise revenue growth in 10 quarters, posting 8.7% reported growth (6.0% organic) for Q3 fiscal 2026. Cardiac Ablation Drives Outperformance The Cardiovascular Portfolio led the quarter with 13.8% reported growth, powered by an exceptional 80% surge in Cardiac Ablation Solutions. U.S. cardiac ablation revenue exploded 137%, driven by the company's pulsed field ablation (PFA) portfolio. Cardiac Rhythm & Heart Failure revenue reached $1.86 billion, up 17%, while Diabetes posted 8.3% organic growth to $796 million.

IREN Ltd (NASDAQ:IREN) reports Fiscal Q2 2026 earnings after market close today at 4:00 PM ET. The stock has been on a wild ride, up 273% over the past year but down 31% in the past week heading into the print. The company's transformation from pure Bitcoin miner to AI cloud infrastructure provider is the story investors are watching. IREN landed a $9.7 billion Microsoft contract for GPU deployments, targeting $1.9 billion in annual recurring revenue from that relationship alone.

Subscription & Support, which generates 95.5 percent of the company's total revenue with $10.7 billion, saw 13 percent growth on an annual basis. Each segment within this division is now called Agentforce, a clear move to place AI even more centrally in external communications. However, expectations for the coming year ($45.8 to $46.2 billion) are on the low side compared to the $46.06 billion predicted by analysts.

That revenue figure represents roughly 5% year-over-year growth. For context, Q1 delivered $1.00 in EPS, so Wall Street is modeling modest sequential improvement. Full-year guidance matters more. Management previously set FY2026 revenue at $59-60 billion and EPS at $4.00-4.06. Any adjustment to those ranges will reset sentiment fast. The company has beaten estimates in eight consecutive quarters, averaging a 3.3% surprise. The streak has built credibility, but it also raises the bar.

Infrastructure Solutions Group revenue grew 73% to $19.6 billion, the clearest sign yet that AI server demand is moving from backlog to billings. Management issued a bullish FY27 outlook. Dell also disclosed a $43 billion AI server backlog, providing concrete visibility into next year's ramp.

We are raising fiscal year 2026 revenue guidance to $41.45 billion to $41.55 billion, and Q3 cRPO was exceptional, up 11% year-over-year at $29.4 billion, signaling a powerful pipeline of future revenue.

Earnings-call word usage shows increased emphasis on growth in Q3 versus Q2, decreased mentions of tariffs and uncertainty, and slope of highlighted words represents change in usage between quarters.

The Turnaround Thesis: What Analysts See The bull case rests on Q3 2025's surprise beat. Unity Software ( NYSE:U) posted $0.20 earnings per share against expectations of a $0.23 loss, a 187% beat marking the first profitable quarter in recent memory. Revenue hit $471 million with 5.4% growth, while adjusted EBITDA margins expanded 200 basis points to 23%. CEO Matthew Bromberg called it an inflection point:

The Direxion NASDAQ-100 Equal Weighted Index Shares ( NASDAQ:QQQE) doesn't generate income the way traditional dividend ETFs do. With just $1.2 billion in assets and a 0.35% expense ratio, this fund tracks the NASDAQ-100 using equal weighting rather than market cap weighting. That structural difference means each of the 100 holdings gets roughly 1% of the portfolio instead of letting mega-caps dominate. The result is a growth-focused ETF where dividends are secondary.