Adjusted EBITDA rose to $35.8 million from $32.6 million in the prior year quarter, despite a 300 basis point margin decline due to higher costs supporting XCOM RAN development.
Adjusted free cash flow for the first six months of 2025 was $77.9 million, up from $51.9 million in the prior year period.
Globalstar reported strong Q2 2025 financial results with total revenue increasing 11% to $67.1 million compared to $60.4 million in the prior year period.
Service revenue grew 10%, driven primarily by wholesale capacity services and increased service fees following network expansion.
The company ended the quarter with $308.2 million in cash on hand.
Adjusted EBITDA was $167 million, showing a slight sequential decline of 0.2% and a 12.6% year-over-year decrease.
Cost of revenue increased 16.4% YoY; operating expenses rose 22.6% YoY, driven by sales and marketing increases of 52.1% YoY due to SuperPlay acquisition.
D2C revenue reached $175.9 million, slightly down 1.8% sequentially but up 1.3% year-over-year.
GAAP net income was $33.2 million, up 8.5% sequentially but down 61.7% year-over-year.
Playtika reported Q2 2025 revenue of $696 million, a 1.4% sequential decline but an 11% year-over-year increase.
Top titles showed mixed performance: Bingo Blitz revenue was $160.2 million (down 1.3% sequentially, up 2.9% YoY), Slotomania revenue declined sharply to $86.5 million (down 22.7% sequentially, down 35.4% YoY), and June's Journey was $69.1 million (up 0.3% sequentially, down 7.4% YoY).
EBITDA for Q2 2025 was $8.1 million, a significant improvement from a loss of $1.2 million in Q2 2024.
For the first half of 2025, adjusted EBITDA increased 83.4% to $30.8 million from $16.8 million in the prior year period.
Gross profit increased 36.1% year-over-year to $85.9 million, with gross margin expanding by 270 basis points to 26.8%.
Net loss attributable to common shareholders narrowed to $17 million ($0.16 per diluted share) from $29.6 million ($0.28 per diluted share) in Q2 2024.
The Gaming Components and Systems segment grew revenue by 30% year-over-year, while the Gamer and Creator Peripherals segment grew 9%.
Dynatrace reported strong Q1 fiscal 2026 results with total revenue of $477 million, up 19% year-over-year, exceeding the high end of guidance by approximately 200 basis points.
Free cash flow for Q1 was $262 million, with trailing 12-month free cash flow at $465 million or 26% of revenue, and pretax free cash flow at 33% of revenue.
Net new ARR was $51 million, up 13% year-over-year, with expansion activity particularly strong in North America and the GSI channel.
Non-GAAP operating margin was 30%, exceeding guidance by 150 basis points, and non-GAAP net income was $126 million or $0.42 per diluted share, $0.04 above guidance.
Subscription revenue also grew 19% to $458 million, driven by incremental on-demand consumption (ODC) revenue.
The company repurchased 905,000 shares for $45 million in Q1, with a total of 4.4 million shares repurchased for $218 million since May 2024.
Adjusted EPS grew 4% year-over-year, helped by lower interest expense and share repurchases; tariff costs created a $0.02 EPS headwind.
Adjusted gross profit was $650 million, roughly flat year-over-year, with adjusted EBITDA of $288 million and margins steady versus prior year.
For continuing operations post-spin, adjusted EPS was $0.58 with 14% growth in trailing 12 months free cash flow despite tariff uncertainty and constrained government spending.
Fortive delivered adjusted EPS of $0.90 in Q2 2025 at the high end of guidance, with 8% growth in trailing 12 months adjusted free cash flow on a consolidated basis including Precision Technologies.
Segment results showed flat revenue growth in Intelligent Operating Solutions (IOS) and a 1.3% revenue decline in Advanced Healthcare Solutions (AHS), with margin improvements in AHS due to software mix shift.
Total Q2 revenue was just over $1 billion, down 0.4% year-over-year, with core revenue declining 0.7%.
Trailing 12-month free cash flow was $939 million, a 14% increase year-over-year, with 107% free cash flow conversion on adjusted net income.
Gen reported Q1 fiscal 2026 revenue of $1.26 billion, up 30% year-over-year on a reported basis and 10% on a pro forma basis excluding MoneyLion and an extra fiscal week.
Gen repurchased nearly 5 million shares and paid down $180 million in debt during the quarter.
Non-GAAP EPS was $0.64, up 20% year-over-year, exceeding the high end of guidance.
Non-GAAP operating margin was robust at 52%, with Cyber Safety Platform segment margin at 61% and Trust-Based Solutions segment margin at 31%.
Operating cash flow was $409 million and free cash flow was $405 million, up 55% year-over-year.
The company ended Q1 with $828 million in cash and over $2.3 billion in total liquidity including revolver.
Dafinchi