3h ago
Aster DM Quality Care in talks to buy control of Yatharth Hospitals as consolidation accelerates
Aster DM Quality Care is in talks to acquire a controlling stake in Yatharth Hospitals as it looks to consolidate hospital assets amid rising private equity interest. Shares of Yatharth Hospitals have climbed 15.3% over the past month, and investors are pricing in a transaction that would trigger a 26% open offer. TPG recently sold a little over 7% of the stake it held in Aster DM Quality Care, where the Moopen family and Blackstone together own 53.72%.
3h ago
4h ago
PEXA Group swings to FY26 profit as revenue rises 7% and EBITDA climbs 12%
PEXA Group reported FY26 revenue of $406.9 million, up 7%, and EBITDA of $151.7 million, up 12%, with margins rising 1.7 percentage points to 37.3%. NPATA increased 35% to $65.3 million, while statutory NPAT from continuing operations swung to a $19.2 million profit from a $65.6 million loss. Free cashflow rose 39% to $93.5 million. Management guided to FY27 group revenue of $385 million to $415 million and NPAT of $5–20 million.
4h ago
4h ago
Elastic posts fiscal Q1 adjusted EPS of $0.70 on $478.1 million revenue, beating estimates
Elastic NV reported fiscal 2025 first-quarter results with adjusted earnings of $0.70 per share and revenue of $478.1 million, both ahead of analysts’ expectations of $0.58 and $469.6 million. The company also issued guidance for the quarter ending in October, projecting adjusted earnings of $0.80 to $0.82 per share. It forecast revenue of $486 million to $487 million for fiscal second quarter.
4h ago
4h ago
PagerDuty posts fiscal Q2 net income of $4.7 million and lifts full-year EPS outlook to $1.33-$1.37
PagerDuty reported fiscal 2025 second-quarter net income of $4.7 million and adjusted earnings of 32 cents per share on revenue of $124.4 million. Adjusted EPS came in above Wall Street’s 30-cent estimate, according to Zacks Investment Research. The company forecast fiscal third-quarter EPS of 34 cents to 36 cents on revenue of $123 million to $125 million. It also raised its full-year EPS outlook to $1.33 to $1.37.
4h ago