
Record backlog and defense tech integration drive 89.6% revenue growth.
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Record backlog and defense tech integration drive 89.6% revenue growth.

Revenue surged 351% year over year as backlog climbed to $807 million.

When Jonah Seidenberg found out about Nike Minds, a futuristic-looking sneaker that claims to improve concentration by stimulating the soles of the feet, he had to have them. On a recent Saturday, the 12-year-old from the Chicago suburb of Northbrook and his mother searched StockX, an online sneaker marketplace, and other sites looking for a discount but struck out. “It was 10:30 at night and we finally threw in the towel,” said Lisa Seidenberg, a publicist.
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Revenue came in below expectations even as the company raised full-year guidance
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Lincoln vehicles imported from China are currently subject to U.S. tariff rate of 52.5%, which significantly reduces the company’s profit margins.

CENX posted a sharp Q2 profit increase as higher aluminum prices and shipments drove EBITDA to $326.9M, despite a sales miss.
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