The New York Times delivered strong first-quarter results marked by robust subscriber growth, higher average revenue per user, and accelerating ad revenue. An analyst upgraded the stock rating to hold amid balanced prospects.
The company benefited from fading print headwinds and continued digital revenue growth. It also demonstrated pricing power with minimal impact on subscriber retention rates.
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Adobe posted strong second-quarter results for fiscal 2026, with revenue reaching a record $6.62 billion. The company beat estimates and increased its full-year revenue outlook amid accelerating AI-driven growth.
Large companies recorded stronger net profit growth for the March 2026 quarter, supported by one-off gains. Mid and small-cap firms showed more resilient revenue expansion despite slower overall trends.
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Microsoft posted better than expected third quarter results driven by sustained demand for its cloud and artificial intelligence offerings.
Sun Pharmaceutical Industries posted robust revenue and profit increases for the March quarter. The company noted pressure on EBITDA margins due to higher investments and reduced milestone income. Outlook for the next fiscal year points to steady but moderated expansion.
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Several Johannesburg Stock Exchange listed firms have posted encouraging results ahead of the reporting season. Tech companies Altron, Datatec and Lesaka, hotel group Southern Sun and brewer AB InBev all delivered positive trading updates for periods ending in February or March 2026.
American International Group posted robust first-quarter results, with adjusted earnings per share of $2.11, surpassing estimates by $0.23. The insurer showed improved profitability and underwriting resilience amid market concerns. Shares have declined about 9% over the past year despite the positive performance.
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Gokaldas Exports achieved strong sequential growth in both revenue and profit for the March quarter. The company posted a 9% rise in revenue despite ongoing global trade disruptions and US tariff pressures.