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EFOR-News
EFOR-Events
Everforth Awarded $30M Defense Health Contract
Everforth ECS and the Federal Government Segment of Everforth announced it has been awarded a four-year, $30M prime contract supporting the Defense Health Agency's, DHA, Information Technology Program Support and Analytics Services program. Everforth ECS will strengthen enterprise decision making and accelerate modernization across the DHA's enterprise health IT portfolio.
Everforth Expands AWS Premier Tier Services Partner Capabilities
Everforth announced the expansion of AWS Premier Tier Services Partner capabilities across the Everforth portfolio, strengthening the Company's ability to deliver complex cloud, data, AI, and cybersecurity solutions to its commercial enterprise and federal government customer base. Building on a long-standing Premier relationship within Everforth ECS Federal, this expanded designation enables broader collaboration with Everforth's Commercial portfolio of businesses, creating new opportunities to support customers' strategic cloud, data, and AI priorities while deepening alignment with Amazon Web Services.
Major US Indices Close Lower, Semiconductor Stocks Plummet
All major US indices finished the day at the lows and even a less hawkish than feared FOMC decision failed to backstop the AI capex trade gone awry. Tech and Industrials were the worst performing sectors in the S&P500 as Semiconductors, Semi Equipment, and Hardware names continued to unravel with massive drawdowns. Micronfell another 10% while KLA Corp- which reported results overnight - was down 11%. Among notable Industrials, Lennox Internationalfell over 20% despite a Q2 earnings beat as its management cut earnings guidance for the year. The sparse positive column once again featured Consumer Staples, with Walmartnow having risen for 4 consecutive sessions.In the opening hour of the evening session, equity futures are modestly higher - S&P e-minis are up 0.4%, Nasdaq 100 is up 0.6%, and Dow Industrials are up 0.3%. Investors are still digesting today's FOMC decision to keep rates intact with mostly unchanged accompanying statement while also watching diverging price action from Microsoftand Metaafter their earnings reports and updates on spending plans.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGSSilicon Motion Technologyup 10.6%Fortinetup 10.5%FormFactorup 10.4%Glaukosup 8.7%Microsoftup 8.6%Lam Researchup 6.1%Chipotle Mexican Grillup 5.9%GFL Environmentalup 5.7%Pitney Bowesup 5.2%Starbucksup 4.9%Everforthup 4.7%ALSO HIGHERFive9up 7.1% after admission into S&P SmallCap 600 indexDOWN AFTER EARNINGSFair Isaacdown 9.3%Carvanadown 7.7%Houlihan Lokeydown 6.9%Meta Platformsdown 6.5%Arm Holdingsdown 6.1%Align Technologydown 6.1%QUALCOMMdown 3.6%Robinhood Marketsdown 1.0%
Sees Q3 Revenue of $994M to $1.02B
Sees Q3 revenue $994M-$1.02B, consensus $999.7M.
Everforth Q2 Revenue Reaches $1.01B, Exceeds Expectations
Reports Q2 revenue $1.01B, consensus $990.9M. "Everforth delivered solid second quarter 2026 results, with revenues of $1 billion and Adjusted EBITDA margin of 9.6 percent both exceeding our expectations," said Ted Hanson, CEO. "Performance in the quarter was supported by strength across our Commercial enterprise platform portfolio, where improving bookings conversion contributed meaningfully to our results and drove revenues above guidance for the quarter. In addition, the recent expansion of our revolving credit facility just after quarter end further strengthened our balance sheet and enhanced our financial flexibility. As AI adoption continues to accelerate and customers move from pilots to scaled production environments, the challenge is less about access to technology and more about integrating AI into workflows, data environments, and operating models. We believe that the last mile of the AI valuation equation will be IT services, and Everforth's differentiated combination of talent, industry expertise, governance capabilities, and technology alliances positions us at the intersection of the most important trends shaping our industry. We enter this next phase of AI adoption with confidence in both our strategy and ability to execute."
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