Sagar Hebbar: Thank you, and welcome to Rackspace Technologies First Quarter 2026 Earnings Conference Call. Joining me today are Gajen Kandiah, our Chief Executive Officer; and Mark Marino, our Chief Financial Officer. Rackspace Technology assumes no obligation to update the information presented on the call, except as required by law.
Actualités
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Gajen Kandiah: Thank you, Sagar. As a result, they are moving beyond isolated AI experiments to operating AI at scale inside core enterprise systems. AI is infusing every workload and as it becomes embedded in customer data, financial systems and regulated processes, where it runs starts to matter.
Robert Antokol: Good morning, and thank you for joining us. With that context, the headline for me is this Disney Solitaire. This Disney Solitaire has scaled faster than any title in our 15 years history and continues to outperform expectations.
Kenneth Seitz: Good morning, and thank you for joining us today to review our first quarter results and the outlook for our business. The ongoing Middle East conflict has disrupted global fertilizer and energy markets, resulting in higher global benchmark prices and input costs. Despite heightened geopolitical uncertainty, Nutrien's strategic priorities, capital allocation approach and full year guidance remain unchanged.
Joining us for today's presentation are the company's CEO, Tom Stepien; and CFO, Ricardo Rodriguez. Please note that this presentation contains forward-looking statements, including, but not limited to, statements regarding our financial and business performance, our business strategy, future product development or commercialization, new customer adoption and new applications, our growth and the growth of the markets in which we operate and the timing and ability of Amprius to expand its manufacturing capacity, scale its business and achieve a sustainable cost structure.
Crown Holdings has been treading water for the past six months, recording a small loss of 2.3% while holding steady at $95.12. The stock also fell short of the S&P 500’s 10.9% gain during that period.
Over the past six months, B&G Foods’s shares (currently trading at $4.09) have posted a disappointing 12.2% loss, well below the S&P 500’s 10.9% gain. This might have investors contemplating their next move.
Michael Murray: Thank you, operator, and good morning to everyone, and welcome to our fourth quarter and full year 2025 earnings call. Like many other firms, our fourth quarter revenues were impacted by the government shutdown and the associated procurement and milestone recognition delays were deeper than anticipated. Over the past 3 years, we have fundamentally transformed Kopin from a legacy microdisplay company into a strategically positioned, vertically integrated and advanced technology platform company.
Jason Robins: Thank you, Mike. Adjusted EBITDA increased 64% year-over-year to $168 million. If not for our significant investment in Predictions and the launch of Sportsbook in Arkansas, our adjusted EBITDA would have exceeded $200 million.
Ken Cook: Thank you, Aaron, and good morning, everyone. Let me start by thanking our franchisees, restaurant teams and company employees who together as One Wendy's, have stayed focused on improving restaurant operations elevating the customer experience and enhancing franchisee economics. Internationally, our business continues to expand in key growth markets, and we are excited to have recently signed a franchise agreement to expand into China, further strengthening our development pipeline, I'll share more on this in a moment.
During this quarter, we continued scaling our HPC platform at Lake Mariner with 60 megawatts of critical IT capacity energized and generating revenue as of March 31. Importantly, this is the first period, where HPC leasing is meaningfully reflected in our financials, contributing $21 million of lease revenue during the quarter. At the same time, we are transitioning portions of our legacy mining footprint to support higher-value HPC workloads.
James Breuer: Thank you, Jason. What differentiates us is not simply the scale of the projects we pursue, but the discipline with which we pursue them and the depth of our technical expertise and project delivery track record. During the front-end phase, we work with our clients to plan the project and establish a solid foundation for the scope, cost and schedule of the execution phase, which kicks off after the final investment decision by the customer.
S&P 500 companies' quarterly earnings growth held steady at nearly 28% compared with financials repo
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