Research Feed
Coherent Q2: Growth Decelerating Into Q3 as Lumentum Takes Share
Coherent (COHR) reported strong Q2 datacenter growth (34% YoY) but Q3 guidance signals deceleration to +5% QoQ sequential growth (midpoint $1.77B vs Q2 $1.69B). Market sold off -7.9% on Feb 4 while competitor Lumentum (LITE) rallied +7.0% on Feb 3, signaling competitive share loss concerns. Key tens
Disney Q1: Capital Allocation Red Flag During Cash Flow Stress
Disney borrowed $4.6B and repurchased $2.0B of stock while operating cash flow turned sharply negative. This capital allocation decision—levering up for buybacks during a cash burn quarter—raises questions about management discipline. The OpCF decline is worse than headline numbers suggest even afte
Twin Disc: Management Declares Victory on Profitability, Market Says Prove It
Twin Disc released its Q2 FY2026 10-Q on Feb 4, 2026 and the stock immediately sold off -15% despite beating EPS estimates by $1.34. The headline number—$1.55 EPS vs $0.21 consensus—looked like an accounting trick. And in isolation, it was: a $21.8M tax benefit from releasing the domestic valuation
PRXXF: Quality Divergence at 52-Week Low — SEK 513M Cash vs SEK 245M Loss
PRXXF reported a SEK 245M operating loss in Q4 2025, but generated SEK 513M in operating cash flow (near 2-year record). The GAAP loss was driven entirely by a SEK 701M Bloodlines write-down already disclosed in November 2025. The stock sits at $16.53 (52-week low), down 8.1% over the past month fol