Everforth Q2 FY26 net income drops 51.5% to $14.2 million; revenue slips 1.3% to $1 billion
Reuters2026/07/31 10:07- Everforth posted net income of $14.2 million for Q2 ended June 30, 2026, down from $29.3 million a year earlier.
- Revenue fell 1.3% year over year to $1.01 billion, with Commercial down 0.9% to $701.7 million.
- Federal Government revenue dropped 2.3% to $305.3 million; segment book-to-bill slid to 0.8-to-1 on $926.2 million in TTM awards.
- Gross margin narrowed 0.4 percentage points to 28.3%, reflecting a 0.9-point decline in Commercial margin to 32.1%.
- Operating cash flow was $70.7 million in the first six months, down from $141.7 million on higher accounts receivable days outstanding.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lululemon founder's divorce may trigger $1 billion equity change
Lululemon founder Chip Wilson and his wife Summer Wilson have announced their divorce. The couple does not have a prenuptial agreement. Chip holds about 8.6% of Lululemon shares, valued at nearly $1 billion. The potential shareholding changes due to the divorce have drawn market attention amid a sharp decline in the stock price. Additionally, Chip also owns approximately 18% of Amer Sports, with a market value close to $3 billion.
Bloom Energy, Illumina, Everpure To Join S&P 500
Malaysian Ringgit: Range-bound risks and key levels against US Dollar – OCBC
Neostellar Capital director Ronald M. Lott disposes of 5,085 common shares worth $50,647.6
Crypto prices
More
