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Unisys Collaborates With Fits Cargo and Expedite All to Advance Cargo Portal Services
BLUE BELL, Pennsylvania, May 9 -- Unisys, a technology solutions company, issued the following news release:* * *
Unisys Collaborates with Fits Cargo and Expedite All to Advance Cargo Portal Services
New global routes and seamless last-mile ground delivery options empower shippers to move cargo smarter, faster, and all in one place
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Unisys (NYSE: UIS) has expanded the booking capabilities of its Cargo Portal Services (CPS) through the onboarding of global cargo carrier Fits Cargo, and a new partnership with Expedite All, the largest small-truck carrier network in the United States. With ... Show Full Article BLUE BELL, Pennsylvania, May 9 -- Unisys, a technology solutions company, issued the following news release: * * * Unisys Collaborates with Fits Cargo and Expedite All to Advance Cargo Portal Services New global routes and seamless last-mile ground delivery options empower shippers to move cargo smarter, faster, and all in one place * Unisys (NYSE: UIS) has expanded the booking capabilities of its Cargo Portal Services (CPS) through the onboarding of global cargo carrier Fits Cargo, and a new partnership with Expedite All, the largest small-truck carrier network in the United States. Withmore than 33,000 freight forwarding users, Cargo Portal Services provides air cargo carriers with a global platform to sell capacity to freight forwarders, enabling forwarders to efficiently price, book and track shipments.
By integrating Fits Cargo's worldwide network of carriers, Unisys CPS now offers shippers a wider variety of route options for global freight bookings. This collaboration extends the portal's global reach, enabling clients to deliver greater value by providing seamless access to an expansive, efficient shipping ecosystem.
Complementing the global air freight enhancements, Unisys has incorporated Expedite All's domestic ground delivery capabilities directly into CPS. This integration enables forwarders booking U.S.-bound shipments to coordinate last-mile pickup and delivery within a single, streamlined workflow. Together, these partnerships simplify the complexities of air and ground logistics, reinforcing Unisys CPS as a trusted industry resource for end-to-end cargo management.
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Block Quote
"Expanding our bookings with Fits Cargo and connecting ground delivery through Expedite All provides clients with more options and demonstrates how we're helping shippers reimagine the logistics experience," said Sean Tinney, senior vice president and general manager of Enterprise Computing Solutions (ECS), Unisys. "We're empowering our clients to move freight smarter and faster, all within one trusted portal."
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Unisys CPS delivers freight forwarders and airlines benefits such as:
* Increased visibility: Optimize cargo utilization and streamline access for global forwarders.
* 24/7 access to capacity data and booking: Reduce reliance on manual bookings and response times.
* Expanded route options: Real-time access to Fits Cargo flights, enhancing operational agility and decision-making.
"Our Small Truckload service is uniquely positioned to support air freight with speed, flexibility, and precision," said Mike Ernst, president, Expedite All. "Through this integration, we're making it easier for forwarders to access the right-sized capacity exactly when and where they need it."
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About Fits Cargo
Fits Cargo is a global cargo carrier based in Sri Lanka that operates as a hybrid carrier in the air cargo industry. It offers efficient transportation solutions and combines physical airline operations with interline agreements with over 160 carriers, allowing it to provide reliable delivery services worldwide. As an IATA-designated airline, Fits Cargo is recognized for its extensive partnerships and ability to handle cargo from multiple origins to any destination globally.
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About Expedite All
Expedite All is a logistics company specializing in Small Truckload (STL) shipping solutions. The company delivers cost-effective, flexible, and efficient service for time-sensitive, smaller loads through a closed-loop network of pre-vetted carriers and access to over 12,000 small truck units, including cargo vans, box trucks, and straight trucks.
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About Unisys
Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions - cloud, AI, digital workplace, applications and enterprise computing - help our clients challenge the status quo and unlock their full potential.
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Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.
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Original text: https://www.unisys.com/news-release/unisys-collaborates-with-fits-cargo-and-expedite-all-to-advance-cargo-portal-services/
[Category: BizComputer Technology]
Publishers Weekly Highlights Scholastic's YouTube Footprint
NEW YORK, May 9 -- Scholastic, a children's publishing, education and media company, issued the following news release:* * *
Publishers Weekly Highlights Scholastic's YouTube Footprint
Scholastic's growing YouTube footprint was the focus of a recent Publishers Weekly feature. The outlet highlighted the Company's ability to use the platform to create awareness, engage existing fans, and bring in new ones.
As reported in the outlet, Scholastic's YouTube ecosystem encompasses 22 channels, with specific hubs for collections such as STEAM, International, Clifford, Goosebumps, and more. With more ... Show Full Article NEW YORK, May 9 -- Scholastic, a children's publishing, education and media company, issued the following news release: * * * Publishers Weekly Highlights Scholastic's YouTube Footprint Scholastic's growing YouTube footprint was the focus of a recent Publishers Weekly feature. The outlet highlighted the Company's ability to use the platform to create awareness, engage existing fans, and bring in new ones. As reported in the outlet, Scholastic's YouTube ecosystem encompasses 22 channels, with specific hubs for collections such as STEAM, International, Clifford, Goosebumps, and more. With morethan 350 million views and 2.3 million subscribers, the impact is vast.
"There's a clear and strong appetite for today's parents to introduce the new generation to the content they loved," Elianne Friend, senior VP, digital and distribution at 9 Story Media Group, told Publishers Weekly. "We see viewership peak from 9 a.m. to 4 p.m., which is countertypical of the normal pattern for kids' content. That means they're watching from classrooms or during home-schooling."
Publishers Weekly referenced Scholastic's Fiscal 2026 Third Quarter results, where branded YouTube channels generated more than 85 million views in the quarter, up more than 200% from the same period the previous year, with viewers watching more than 21 million hours of content.
Scholastic's YouTube presence is not separate from the rest of the Company. There is integration with many Scholastic brands including streaming and broadcast television, consumer products, publishing, and marketing channels, such as newsletters. Friend shared with Publishers Weekly that the YouTube channels help build the Scholastic brand and raise awareness and engagement -- it's a 360-degree approach.
Recent publishing news that shines a light on Scholastic's commitment to expanding YouTube-rooted properties include Paris Hilton's Paris & Pups, Mark Rober's CrunchLabs, and Invisible Narratives' Skibidi Toilet.
To read the full feature from Publishers Weekly, click here: Scholastic and 9 Story Lean into YouTube (https://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/100348-scholastic-and-9-story-lean-into-youtube.html)
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Original text here: https://www.scholastic.com/newsroom/all-news/publishers-weekly-highlights-scholastic-s-youtube-footprint-.html
[Category: BizMedia]
Kodak Announces the Launch of New KODAK SONORA UltraXR Process Free Plates in EAMER
ROCHESTER, New York, May 9 -- Kodak issued the following news release:* * *
Kodak announces the launch of new KODAK SONORA UltraXR Process Free Plates in EAMER
Kodak is proud to introduce the latest innovation in its industry-leading portfolio of process-free plates: KODAK SONORA UltraXR. These new plates will replace SONORA XTRA-2 and XTRA-2 for Newspapers Process Free Plates in the EAMER region (Europe, Africa, and the Middle East), and SONORA XTRA-2 and XTRA-2 for Newspapers production in Europe will be discontinued.
SONORA UltraXR Plates expand the SONORA Ultra portfolio already available ... Show Full Article ROCHESTER, New York, May 9 -- Kodak issued the following news release: * * * Kodak announces the launch of new KODAK SONORA UltraXR Process Free Plates in EAMER Kodak is proud to introduce the latest innovation in its industry-leading portfolio of process-free plates: KODAK SONORA UltraXR. These new plates will replace SONORA XTRA-2 and XTRA-2 for Newspapers Process Free Plates in the EAMER region (Europe, Africa, and the Middle East), and SONORA XTRA-2 and XTRA-2 for Newspapers production in Europe will be discontinued. SONORA UltraXR Plates expand the SONORA Ultra portfolio already availablein EAMER. They offer exceptionally high print run stability along with superior image contrast, which is up to 4x stronger than competitive products. In addition, the new plates provide 5x better white light exposure tolerance and image stability lasting up to 6 weeks when stored in the dark. SONORA UltraXR Plates are rated for up to 400,000 impressions with heatset/coldset web presses, 250,000 impressions with sheetfed presses, and 115,000 impressions for UV-ink applications.
SONORA UltraXR Plates will be manufactured at Kodak's state-of-the-art facility in Osterode, Germany. Manufacturing in the heart of Europe ensures prompt and reliable delivery of high-quality plates to Kodak customers throughout EAMER while minimizing carbon emissions associated with transportation.
"Kodak has invested millions in R&D to foster continuous innovation and provide the highest performing process free plates available on the market. SONORA UltraXR Plates are the latest product of these efforts, from which sheetfed and web offset printers in EAMER can now benefit. And best of all, our print customers receive these further improved plates at no additional cost," commented Jim Continenza, Executive Chairman and Chief Executive Officer, Kodak.
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About Kodak
Kodak (NYSE: KODK) is a leading global manufacturer focused on commercial print and advanced materials & chemicals. With 79,000 worldwide patents earned over 130 years of R&D, we believe in the power of technology and science to enhance what the world sees and creates. Our innovative, award-winning products, combined with our customer-first approach, make us the partner of choice for commercial printers worldwide. Kodak is committed to environmental stewardship, including industry leadership in developing sustainable solutions for print.
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Original text: https://www.kodak.com/en/company/press-release/sonora-ultraxr-eamer/
[Category: BizPhotography/Optical Equipment]
FiscalNote Reports First Quarter 2026 Financial Results
WASHINGTON, May 9 [Category: BizComputer Technology] -- FiscalNote, a technology company, posted the following news release on May 7, 2026:* * *
FiscalNote Reports First Quarter 2026 Financial Results
* Total Revenue and Adjusted EBITDA In-Line with Guidance; Reaffirms FY26 Guidance and Establishes Q2 2026 Forecast
* Reaffirms Expectation of Next-Twelve Months' Positive Free Cash Flow Generation for Q2 2026 Through Q1 2027 and Beyond
* New Product Initiatives Take Advantage of Large Growth Opportunities in Agentic AI-Driven Data Consumption and Political Prediction Markets
* Board of Directors ... Show Full Article WASHINGTON, May 9 [Category: BizComputer Technology] -- FiscalNote, a technology company, posted the following news release on May 7, 2026: * * * FiscalNote Reports First Quarter 2026 Financial Results * Total Revenue and Adjusted EBITDA In-Line with Guidance; Reaffirms FY26 Guidance and Establishes Q2 2026 Forecast * Reaffirms Expectation of Next-Twelve Months' Positive Free Cash Flow Generation for Q2 2026 Through Q1 2027 and Beyond * New Product Initiatives Take Advantage of Large Growth Opportunities in Agentic AI-Driven Data Consumption and Political Prediction Markets * Board of DirectorsContinues to Review All Strategic Options Available to the Company to Maximize Shareholder Value
* Company To Host Conference Call Today at 5:00 PM ET
*
FiscalNote Holdings, Inc. (OTC: NOTE) ("FiscalNote" or the "Company"), a global leader in AI-driven policy and regulatory intelligence, today reported financial results for the first quarter ended March 31, 2026.
The Company reported Q1 2026 revenues of $20.0 million and Adjusted EBITDA(1) of $1.0 million, both meeting guidance. Customer engagement and retention metrics for PolicyNote continue to exceed the Company's legacy platforms, reflecting PolicyNote's growing value to its user base. Additionally, the Company has experienced strong demand for, and encouraging early traction in, its agentic API product offerings, including initial enterprise customer wins and a growing global pipeline.
The Company continues to execute on its previously-announced plan to significantly accelerate its ongoing operational transformation through rapid AI deployment, changes to team structures, insourcing third party spend and other streamlining initiatives. Through these initiatives, the Company expects to generate positive free cash flow on a next-twelve-month basis for the four quarters commencing April 1, 2026 and beyond, after adjusting for one-time restructuring charges. This reflects an ongoing improvement in the Company's underlying business fundamentals that is expected to carry forward in each successive twelve-month period going forward.
Commenting on the quarterly results, Josh Resnik, CEO and President of FiscalNote, said, "Our operational transformation is expected to deliver positive free cash flow on an ongoing basis, PolicyNote is gaining strong traction with our customer base, and we are executing on compelling new growth initiatives. The early enterprise wins in our agentic API and our entry into political prediction markets reinforce what makes FiscalNote distinctive: unmatched depth and authority in policy intelligence that keeps proving its value across our core platform, across new markets, and across the agentic AI ecosystem that is reshaping how the world consumes data."
First Quarter 2026 and Recent Operational Highlights
* Announced in January the complete migration of all customers from the legacy FiscalNote product to PolicyNote, the Company's flagship, AI-native platform.
* Announced in February the Company's strategic expansion into political prediction markets, where the Company's combination of data and expert analysis provides a unique opportunity to play a defining role at the intersection of policy intelligence and outcome-based forecasting.
* Launched in March the expanded PolicyNote API with native support for the Model Context Protocol (MCP), enabling organizations to embed FiscalNote's authoritative legislative, regulatory, and stakeholder intelligence -- spanning Congress, all 50 states, and more than 100 countries -- directly into internal systems, AI agents, and enterprise workflows.
* Announced in March an organizational transformation that will reduce operating expenses significantly, as a result of which FiscalNote expects to generate positive Free Cash Flow on a NTM basis beginning on April 1, 2026, excluding one-time restructuring costs.
* Launched in March the PolicyNote MCP in the OpenAI App Store, significantly expanding access for hundreds of millions of developers, analysts, and policy professionals to our structured legislative and regulatory intelligence.
* Entered into a strategic partnership with Good Wolf Studios in March to advance development and monetization of political prediction-related content and interactive experiences.
* Entered into a strategic alliance with D&A LLC in March to expand access to our U.S. policy intelligence across Asian markets.
* Launched in April an expansion of the PolicyNote API to add district matching capability to power organizations' grassroots advocacy efforts, enabling real-time civic engagement at scale through instant access to federal, state, and local legislative district data.
Table: First Quarter 2026 Financial Performance
Revenue(2)
For Q1 2026, subscription revenue declined $6.2 million, or 24%, versus prior year. On a pro forma basis(5), excluding the impact of Oxford Analytica and Dragonfly Intelligence businesses that were sold on March 31, 2025 and TimeBase that was sold on July 1, 2025, Q1 2026 subscription revenue declined $2.4 million, or 11%, reflecting the trends in ARR and NRR discussed under "Key Performance Indicators (KPIs)" below.
For Q1 2026, non-subscription revenue declined $1.3 million, or 57%, versus prior year. On a pro forma basis(5), excluding the impact of Oxford Analytica and Dragonfly Intelligence that was sold on March 31, 2025 and TimeBase that was sold on July 1, 2025, Q1 2026 non-subscription revenue declined $0.6 million, or 39%,
Table: Key Performance Indicators (KPIs)(2)(3)(5)
As of March 31, 2026, ARR declined $12.0 million, or approximately 14%, on an as reported basis(2), and ARR declined $10.8 million, or approximately 12% on a pro forma basis.(5) Q1 2026 NRR was 89% on a pro forma basis.(5)
As was expected and previously disclosed, Q1 2026 ARR and NRR were impacted by the cancellation of a small number of large enterprise customers who did not migrate to PolicyNote prior to their departure, and as a result did not have the opportunity to evaluate the capabilities of the new platform. Additionally, broader macroeconomic and geopolitical pressures continued to weigh on client budgeting decisions across portions of the customer base, contributing to elongated sales cycles and heightened scrutiny of discretionary technology spending. All of these factors contributed to higher-than-normal cancellations in Q1 2026.
Table: Operating Expenses(2)
In Q1 2026, total operating expenses increased $21.2 million, or 52%, versus prior year, due primarily to the non-cash goodwill impairment charge recorded in the first quarter of 2026 partially offset by the impact of the previously announced divestitures, ongoing efficiency measures and operating discipline initiatives, and the elimination of costs associated with sunset products.
Excluding amortization expense, stock-based compensation, the impact of the previously announced divestitures, transaction-related costs, severance, goodwill impairment, and other non-cash charges, Q1 2026 total operating expenses declined $2.3 million, or 11%.
2026 Financial Guidance
The Company's financial forecast for 2026 incorporates the following considerations:
* Our previously-announced workforce transformation initiative leveraging AI automation, offshoring and other organizational streamlining to drive significant cost savings and accelerate the Company's path to positive Free Cash Flow(1)(4) on a trailing 12-month basis by Q1 2027;
* continued investment in PolicyNote to broaden platform capabilities, enhance functionality, and expand content offered within the platform in order to drive improved customer retention metrics in the core business;
* continued volatility in the private sector, where macroeconomic and geopolitical unpredictability is likely to impact corporate buying decisions and timelines over the course of the year;
* continued impact in the public sector - particularly in the federal government;
* known, higher-than-normal cancellations in Q1 2026 resulting from factors including economic headwinds, budget constraints, prior customer experience on legacy systems, and ongoing platform refinement; and
* management's expectations based on the most recent information available, subject to adjustment due to changes in business conditions across the year ending December 31, 2026.
Full Year 2026
The Company reaffirms its full year 2026 forecast of total revenues of $80 to $83 million and adjusted EBITDA(4) of $14 to $16 million.
2Q 2026
The Company forecasts Q2 2026 revenue of $19.5 to $20.5 million and Adjusted EBITDA(4) of approximately $2.5 million. While not providing specific second-half guidance, the Company expects restructuring actions taken in the first half to fully benefit results in the back half, driving a meaningful EBITDA ramp and supporting full-year expectations.
Commenting on the forecast, Jon Slabaugh, FiscalNote CFO, said, "Our outlook reflects a clear inflection point: By executing on our workforce transformation plan, we expect the business to generate positive free cash flow(1)(4) on an NTM basis starting April 1, 2026. This is not a one-time milestone, but a durable shift in our financial profile that we believe will extend well into the future."
Company Listing and Strategic Review
The Company's Board of Directors along with its advisors are exploring a re-listing of the Company's stock on a national securities exchange and continue to review the Company's ongoing plans and evaluate all strategic value-maximizing options available to the Company, including evaluation of potential further divestitures of non-core assets. There can be no assurance that the strategic review will result in any transaction or other outcome. The Company has not set a timetable for completion of the review and does not intend to disclose developments or provide updates on the progress or status of the review unless and/or until it deems further disclosure is appropriate or required.
Conference Call and Webcast
Company management will host a conference call at 5:00 p.m. ET today, Thursday, May 7, 2026, to discuss these financial results.
LIVE
* By phone
- Dial for the U.S. or Canada 1 (800) 715-9871 or for International 1 (646) 307-1963 and enter the conference ID 7871199.
* By webcast
- Visit the Investor Relations section of the Company's website.
REPLAY
* By phone (available through Thursday, May 14, 2026)
- Dial for the U.S. or Canada 1 (800) 770-2030 or for International 1 (609) 800-9909 and enter the conference ID 7871199.
* By webcast
- Visit the Investor Relations section of the Company's website.
Footnotes
1. Non-GAAP measure. See "Non-GAAP Financial Measures" and the reconciliation tables for the definitions and reconciliations of these non-GAAP financial measures to the most closely related GAAP financial measures.
2. All financial information incorporated within this press release is unaudited.
3. "Annual Recurring Revenue" and "Net Revenue Retention" are key performance indicators (KPIs). See "Key Performance Indicators" for the definitions and important disclosures related to these measures.
4. Because of the variability of items impacting net income and the unpredictability of future events, management is unable to reconcile without unreasonable effort the Company's forecasted Adjusted EBITDA or Free Cash Flow to a comparable GAAP measure. The unavailable information could have a significant impact on the non-GAAP measures.
5. Pro forma subscription revenue, ARR and NRR adjusts the applicable prior period to exclude the contributions of TimeBase, Oxford Analytica, and Dragonfly Intelligence which the Company has divested, to the extent those businesses contributed to consolidated results in such prior period.
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About FiscalNote
FiscalNote (OTC: NOTE), the global leader in AI-driven policy intelligence, delivers its deep expertise in legislative tracking, regulatory analysis, and stakeholder engagement through PolicyNote, its flagship platform. Built to ensure the most complete, real-time view of the policy landscape, PolicyNote delivers synthesized, expert-driven analysis integrated with AI-powered monitoring, fueled by the trusted analysis and reporting of CQ and Roll Call, and the grassroots mobilization power of VoterVoice. From the committee room to the board room, FiscalNote's PolicyNote Suite ensures every user has the unmatched clarity and speed needed to understand and impact policy.
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Safe Harbor Statement
Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or FiscalNote's future financial or operating performance. For example, statements regarding FiscalNote's financial outlook for future periods, expectations regarding profitability, capital resources and anticipated growth in the industry in which FiscalNote operates are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "pro forma," "may," "should," "could," "might," "plan," "possible," "project," "strive," "budget," "forecast," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "potential" or "continue," or the negatives of these terms or variations of them or similar terminology.
Such forward-looking statements are subject to risks, uncertainties, and other important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements.
Factors that may impact such forward-looking statements include:
* risk of our creditors enforcing their respective rights to call an event of default based on our Class A Common Stock no longer being listed on NYSE;
* FiscalNote's ability to successfully execute on its strategy to achieve and sustain organic growth through a focus on its core Policy business, including risks to FiscalNote's ability to develop, enhance, and integrate its existing platforms, products, and services, bring highly useful, reliable, secure and innovative products, product features and services to market, attract new customers, retain existing customers, expand its products and service offerings with existing customers, expand into geographic markets or identify other opportunities for growth;
* FiscalNote's ability to successfully launch new product and service offerings (e.g. relating to political and policy prediction markets or agentic APIs) or to achieve the expected benefits of such offerings, including new sources of revenue;
* FiscalNote's future capital requirements, as well as its ability to service its repayment obligations and maintain compliance with covenants and restrictions under its existing debt agreements;
* the delisting of our Class A Common Stock from NYSE could trigger an event of default with respect to our indebtedness;
* demand for FiscalNote's services and the drivers of that demand;
* the impact of cost reduction initiatives undertaken by FiscalNote;
* risks associated with past and future strategic transactions, including restructuring, divesting or selling our businesses, products or technologies;
* risks associated with international operations, including compliance complexity and costs, increased exposure to fluctuations in currency exchange rates, political, social and economic instability, and supply chain disruptions;
* FiscalNote's ability to introduce new features, integrations, capabilities and enhancements to its products and services, as well as obtain and maintain accurate, comprehensive and reliable data to support its products, and services;
* FiscalNote's reliance on third-party systems and data, its ability to integrate such systems and data with its solutions and its potential inability to continue to support integration;
* FiscalNote's ability to maintain and improve its methods and technologies, and anticipate new methods or technologies, for data collection, organization, and analysis to support its products and services;
* potential technical disruptions, cyberattacks, security, privacy or data breaches or other technical or security incidents that affect FiscalNote's networks or systems or those of its service providers;
* competition and competitive pressures in the markets in which FiscalNote operates, including larger well-funded companies shifting their existing business models to become more competitive with FiscalNote;
* the risk that general purpose generative AI platforms and agentic AI tools will directly compete with and reduce demand for custom-built SaaS tools and subscription products;
* the risk that a future U.S. government shutdown could negatively affect FiscalNote's ability to enter into or renew public sector subscription contracts and generate advertising and events revenue as anticipated;
* concentration of revenues from U.S. government agencies, changes in the U.S. government spending priorities, dependence on winning or renewing U.S. government contracts, delay, disruption or unavailability of funding on U.S. government contracts, and the U.S. government's right to modify, delay, curtail or terminate contracts;
* FiscalNote's ability to comply with laws and regulations in connection with selling products and services to U.S. and foreign governments and other highly regulated industries;
* FiscalNote's ability to retain or recruit key personnel;
* FiscalNote's ability to adapt its products and services for changes in laws and regulations or public perception, or changes in the enforcement of such laws, relating to artificial intelligence, machine learning, data privacy and government contracts;
* adverse general economic and market conditions reducing spending on our products and services;
* the outcome of any known and unknown litigation and regulatory proceedings;
* FiscalNote's ability to maintain public company-quality internal control over financial reporting;
* FiscalNote's ability to adequately protect and maintain its brands and other intellectual property rights; and
* the possibility any exploration of strategic alternatives does not result in any transaction or other outcome or that any outcome is disruptive to operations and impacts financial performance.
These and other important factors discussed in FiscalNote's SEC filings, including its most recent reports on Forms 10-K and 10-Q, particularly the "Risk Factors" sections of those reports, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by FiscalNote and its management, are inherently uncertain. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place reliance on forward-looking statements, which speak only as of the date they are made. FiscalNote undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
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Non-GAAP Financial Measures
In addition to financial measures prepared in accordance with U.S. generally accepted accounting principles ("GAAP"), we use certain non-GAAP financial measures to clarify and enhance our understanding, and aid in the period-to-period comparison, of our performance. Where applicable, we provide reconciliations of these non-GAAP measures to the corresponding most closely related GAAP measure. Investors are encouraged to review the reconciliation of each of these non-GAAP financial measures to its most comparable GAAP financial measure. While we believe that these non-GAAP financial measures provide useful supplemental information, non-GAAP financial measures have limitations and should not be considered in isolation from, or as a substitute for, their most comparable GAAP measures. These non-GAAP financial measures are not prepared in accordance with GAAP, do not reflect a comprehensive system of accounting and may not be comparable to similarly titled measures of other companies due to potential differences in their financing and accounting methods, the book value of their assets, their capital structures, the method by which their assets were acquired and the manner in which they define non-GAAP measures.
Adjusted Gross Profit and Adjusted Gross Profit Margin
We define Adjusted Gross Profit as Total revenues minus cost of revenues, including amortization of capitalized software development costs and acquired developed technology, before amortization of intangible assets that are included in costs of revenues. We define Adjusted Gross Profit Margin as Adjusted Gross Profit divided by Total Revenues.
We use Adjusted Gross Profit and Adjusted Gross Profit Margin to understand and evaluate our core operating performance and trends. We believe these metrics are useful measures to us and to our investors to assist in evaluating our core operating performance because they provide consistency and direct comparability with our past financial performance and between fiscal periods, as the metrics eliminate the non-cash effects of amortization of intangible assets that may fluctuate for reasons unrelated to overall operating performance.
Adjusted Gross Profit and Adjusted Gross Profit Margin have limitations as analytical tools, and you should not consider them in isolation, or as a substitute for analysis of our results as reported under GAAP. They should not be considered as replacements for gross profit and gross profit margin, as determined by GAAP, or as measures of our profitability. We compensate for these limitations by relying primarily on our GAAP results and using non-GAAP measures only for supplemental purposes. Adjusted Gross Profit and Adjusted Gross Profit Margin as presented herein are not necessarily comparable to similarly titled measures presented by other companies.
EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin
EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures. EBITDA represents earnings before interest expense, income taxes, depreciation and amortization. Adjusted EBITDA reflects further adjustments to EBITDA to exclude certain non-cash items and other items that management believes are not indicative of ongoing operations. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by Total Revenues.
We disclose EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin herein because these non-GAAP measures are key measures used by management to evaluate our business, measure our operating performance and make strategic decisions. We believe that EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin are useful for investors and others in understanding and evaluating our operating results in the same manner as management. EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin are not financial measures calculated in accordance with GAAP and should not be considered as substitutes for net income (loss), net income (loss) before income taxes, or any other operating performance measure calculated in accordance with GAAP. Using these non-GAAP financial measures to analyze our business would have material limitations because the calculations are based on the subjective determination of management regarding the nature and classification of events and circumstances that investors may find significant. In addition, although other companies in our industry may report measures titled EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin or similar measures, such non-GAAP financial measures may be calculated differently from how we calculate non-GAAP financial measures, which reduces their comparability. Because of these limitations, you should consider EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin alongside other financial performance measures, including net income and our other financial results presented in accordance with GAAP.
Free Cash Flow
Free Cash Flow is defined as net cash provided by operating activities less capital expenditures. Free Cash Flow is a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business that may be used for strategic opportunities, including, but not limited to, investment in the business and to strengthen the balance sheet.
Adjusted Gross Profit and Adjusted Gross Profit Margin
Table: The following table presents our calculation of Adjusted Gross Profit and Adjusted Gross Profit Margin for the periods presented
EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin
Table: The following table presents our calculation of EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin for the periods presented
Key Performance Indicators
We monitor the following key performance indicators to evaluate growth trends, prepare financial projections, make strategic decisions, and measure the effectiveness of our sales and marketing efforts. Our management team assesses our performance based on these key performance indicators because it believes they reflect the underlying trends of our business and serve as meaningful measures of our ongoing operational performance.
Annual Recurring Revenue ("ARR")
Over 90% of our revenues are subscription based, which leads to high revenue predictability. We use ARR as a measure of our revenue trend and an indicator of our future revenue opportunity from existing recurring subscription customer contracts. We calculate ARR on a parent account level by annualizing the contracted subscription revenue, and our total ARR as of the end of a period is the aggregate thereof. ARR is not adjusted for the impact of any known or projected future customer cancellations, upgrades or downgrades, or price increases or decreases. The amount of actual revenue that we recognize over any 12-month period is likely to differ from ARR at the beginning of that period, sometimes significantly. This may occur due to timing of the revenue bookings during the period, cancellations, upgrades, or downgrades and pending renewals. ARR should be viewed independently of revenue as it is an operating metric and is not intended to be a replacement or forecast of revenue. Our calculation of ARR may differ from similarly titled metrics presented by other companies.
Net Revenue Retention ("NRR")
Our NRR, which we use to measure our success in retaining and growing recurring revenue from our existing customers, compares our recognized recurring revenue from a set of customers across comparable periods. We calculate our NRR for a given period as ARR at the end of the period minus ARR contracted from new clients for which there is no historical revenue booked during the period, divided by the beginning ARR for the period. We calculate NRR at our parent account level. Our calculation of NRR for any fiscal period includes the positive recurring revenue impacts of selling additional licenses and services to existing customers and the negative recognized recurring revenue impacts of contraction and attrition among this set of customers. Our NRR may fluctuate as a result of a number of factors, including the level of our revenue base, the level of penetration within our customer base, expansion of products and features, the timing of renewals, and our ability to retain our customers. Our calculation of NRR may differ from similarly titled metrics presented by other companies.
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Original text here: https://fiscalnote.com/newsroom/fiscalnote-reports-first-quarter-2026-financial-results
FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
JACKSONVILLE, Florida, May 9 -- FIS, a financial technology company, issued the following news release on May 8, 2026:* * *
FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
* First quarter GAAP Diluted EPS of $4.58
* Adjusted EPS of $1.36 increased 12% over the prior year period
* Revenue increased 30% on a GAAP basis to $3.3 billion, increasing 31% on an adjusted basis and 6.5% on a Pro Forma basis
* Net cash provided by operating activities was $713 million and Free cash flow1 increased 111% over the prior-year period
* Reiterates full-year 2026 outlook, including ... Show Full Article JACKSONVILLE, Florida, May 9 -- FIS, a financial technology company, issued the following news release on May 8, 2026: * * * FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook * First quarter GAAP Diluted EPS of $4.58 * Adjusted EPS of $1.36 increased 12% over the prior year period * Revenue increased 30% on a GAAP basis to $3.3 billion, increasing 31% on an adjusted basis and 6.5% on a Pro Forma basis * Net cash provided by operating activities was $713 million and Free cash flow1 increased 111% over the prior-year period * Reiterates full-year 2026 outlook, includingAdjusted revenue growth of 30-31%, Adjusted EBITDA growth of 34-35%, Adjusted EPS growth of 8-10% and Free Cash Flow1 growth of 27-33%2
* Reiterates 2026 outlook for Pro Forma revenue growth of 5.1-5.7% and Pro Forma Adjusted EBITDA growth of 7.2-8.4%2
*
FIS(R) (NYSE: FIS), a global leader in financial technology, today reported its first quarter 2026 results.
"We delivered a strong start to 2026, with disciplined execution driving margin expansion and robust cash flow generation," said FIS CEO and President Stephanie Ferris. "The market is strong, banks are investing, and the innovation that is redefining financial services runs through FIS. As evidenced by our recent announcements and partnerships, we are positioning ourselves at the forefront of this new era of modern banking."
First Quarter 2026 Financial Results
On a GAAP basis, revenue increased 30% as compared to the prior-year period to approximately $3.3 billion. GAAP net earnings attributable to common stockholders were $2.4 billion or $4.58 per diluted share, reflecting an estimated gain of $2.2 billion, net of tax, from the Worldpay Sale.
On an adjusted basis, revenue increased 31% as compared to the prior-year period. Adjusted EBITDA increased 36% to approximately $1.3 billion and Adjusted EBITDA margin expanded by 176 basis points (bps) compared to the prior-year period to 39.6%, reflecting the acquisition of the high margin Total Issuing Solutions(TM) business, favorable mix and cost savings. Adjusted net earnings were $705 million, and Adjusted EPS increased by 12% as compared to the prior-year period to $1.36 per diluted share.
On a Pro Forma basis, revenue increased 6.5% as compared to the prior-year period, including recurring revenue growth of 4.8%. Pro Forma adjusted EBITDA increased 9.4% and Pro Forma adjusted EBITDA margin expanded by 87 basis points (bps) compared to the prior-year period to 39.6%, reflecting favorable mix and cost savings.
Table: ($ millions, except per share data, unaudited)
Segment Information
* Banking Solutions:
First quarter revenue increased 45% on a GAAP basis and 44% on an adjusted basis as compared to the prior-year period to $2.4 billion. Adjusted EBITDA increased 56% to $1.0 billion and Adjusted EBITDA margin expanded by 299 basis points as compared to the prior-year period to 43.7%, reflecting the acquisition of the high margin Total Issuing Solutions(TM) business and strong margin expansion across FIS' core banking and payments businesses.
On a Pro Forma basis, revenue increased 7.7% as compared to the prior-year period, including recurring revenue growth of 5.2%. Pro Forma adjusted EBITDA increased 15.3% and Pro Forma adjusted EBITDA margin expanded by 243 basis points (bps) compared to the prior-year period to 43.7%, led by favorable mix and cost savings.
* Capital Market Solutions:
First quarter revenue increased by 5% on a GAAP basis and 3% on an adjusted basis as compared to the prior-year period to $823 million, reflecting recurring revenue growth of 3.6%. Adjusted EBITDA increased 8% to $424 million and Adjusted EBITDA margin expanded by 162 basis points as compared to the prior-year period to 51.6%, reflecting favorable mix and cost savings.
* Corporate and Other:
First quarter revenue decreased by 12% as compared to the prior-year period to $98 million. Adjusted EBITDA loss was $158 million, including $161 million of corporate expenses.
Balance Sheet and Cash Flows
First quarter net cash provided by operating activities was $713 million and Free cash flow1 was $474 million, up 111% as compared to the prior-year period. The Company returned $262 million of capital to shareholders through $30 million of share repurchases and $232 million of dividends paid. As of March 31, 2026, debt outstanding totaled $21.1 billion.
Capital Allocation
The Company will continue to pay quarterly dividends targeting dividend per share growth in line with Adjusted EPS growth.
Consistent with prior communications, the Company has temporarily paused share repurchases and tuck-in M&A to accelerate deleveraging. The Company expects to resume its existing capital allocation priorities once it has achieved its target gross leverage of 2.8x.
Table: Second Quarter and Full-Year 2026 Outlook
For the full-year, the Company is reiterating its outlook, projecting Adjusted revenue growth of 30-31%, Adjusted EBITDA growth of 34-35% and Adjusted EPS growth of 8-10%. On a Pro Forma basis, revenue and Adjusted EBITDA are projected to grow by 5.1-5.7% and 7.2-8.4% respectively2. Additionally, the Company is reiterating its target for Free Cash Flow1 of $2.05 - $2.15 billion, or growth of 27-33% as compared to the prior year.
Webcast
FIS will host a live webcast of its earnings conference call with the investment community beginning at 8:30 a.m. (EDT) on Friday, May 8, 2026. To access the webcast, go to the Investor Relations section of FIS' homepage, www.investor.fisglobal.com. A replay will be available after the conclusion of the live webcast.
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About FIS
FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500(R) and the Standard & Poor's 500(R) Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and X.
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FIS Use of Non-GAAP Financial Information
Generally Accepted Accounting Principles (GAAP) is the term used to refer to the standard framework of guidelines for financial accounting in the United States. GAAP includes the standards, conventions, and rules accountants follow in recording and summarizing transactions and in the preparation of financial statements. In addition to reporting financial results in accordance with GAAP, we have provided certain non-GAAP financial measures.
These non-GAAP measures include constant currency revenue, Adjusted revenue growth, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net earnings, Adjusted EPS, Free cash flow and Free cash flow excluding cash transaction taxes on the Worldpay sale.
Due to the financial impact of the acquisition of the Issuer Solutions Business, FIS is also providing additional information to improve the understanding of the Company's operating performance and has recalculated certain non-GAAP measures of the Company's historical financial performance on an adjusted combined company basis for the periods shown herein. This information includes Pro forma combined revenue, Pro forma combined revenue growth, Adjusted pro forma combined EBITDA and Adjusted pro forma combined EBITDA margin. The Company has derived certain pro forma measures from the unaudited pro forma condensed combined financial information of FIS and the Issuer Solutions Business and notes thereto prepared in accordance with Article 11 of Regulation S-X for the year ended December 31, 2025, in Exhibit 99.2 to the Company's Form 8-K/A filed on February 24, 2026.
We believe these non-GAAP measures help investors better understand the underlying fundamentals of our business. As further described below, the non-GAAP revenue and earnings measures presented eliminate items management believes are not indicative of FIS' operating performance. The constant currency revenue and Adjusted revenue growth measures adjust for the effects of exchange rate fluctuations and exclude discontinued operations, while Adjusted revenue growth also excludes revenue from Corporate and Other, giving investors further insight into our performance. Finally, Free cash flow and Free cash flow excluding cash transaction taxes on the Worldpay sale provide further information about the ability of our business to generate cash. For these reasons, management also uses these non-GAAP measures in its assessment and management of FIS' performance.
Constant currency revenue represents reported segment revenue excluding the impact of fluctuations in foreign currency exchange rates in the current period.
Adjusted revenue growth reflects the percentage change in constant currency revenue for the current period as compared to the prior period. Constant currency revenue is calculated by applying prior-year period foreign currency exchange rates to current-period revenue. When referring to Adjusted revenue growth, revenue from our Corporate and Other segment is excluded.
Adjusted EBITDA reflects net earnings (loss) before interest, other income (expense), taxes, equity method investment earnings (loss), and depreciation and amortization, and excludes certain costs that do not constitute normal, recurring, cash operating expenses necessary to operate our business. These excluded costs generally include acquisition, integration and certain other costs and asset impairments. Adjusted EBITDA for the respective segments excludes the foregoing items. This measure is reported to the chief operating decision maker, the Company's Chief Executive Officer and President, who utilizes the measure for purposes of making decisions about allocating resources to the segments and assessing their performance. For this reason, Adjusted EBITDA, as it relates to our segments, is presented in conformity with FASB ASC Topic 280, Segment Reporting.
Adjusted EBITDA margin reflects Adjusted EBITDA, as defined above, divided by revenue.
Adjusted net earnings excludes the effect of purchase price amortization, as well as certain costs that do not constitute normal, recurring, cash operating expenses necessary to operate our business. For purposes of calculating Adjusted net earnings, our equity method investment earnings (loss) ("EMI") from Worldpay is also adjusted to exclude certain costs and other transactions in a similar manner.
Adjusted pro forma combined EBITDA reflects net earnings (loss) before interest, other income (expense), taxes, equity method investment earnings (loss), and depreciation and amortization, and excludes certain costs that do not constitute normal, recurring, cash operating expenses for FIS and Total Issuing Solutions(TM) combined for pre-acquisition periods and assumes the Issuer Solutions acquisition occurred on January 1, 2025, unless otherwise indicated. These excluded costs generally include acquisition, integration and certain other costs and asset impairments.
Adjusted pro forma combined EBITDA margin reflects Adjusted pro forma combined EBITDA, as defined above, divided by Pro forma combined revenue.
Adjusted EPS reflects Adjusted net earnings, as defined above, divided by weighted average diluted shares outstanding.
Free cash flow reflects net cash provided by operating activities from continuing operations, less capital expenditures (additions to property and equipment and additions to software from the statement of cash flows).
Free cash flow excluding cash transaction taxes on the Worldpay sale reflects Free cash flow excluding cash transaction taxes on the Worldpay sale.
Pro forma combined revenue includes reported revenue for FIS and Total Issuing(TM) Solutions combined for pre-acquisition periods and assumes the Issuer Solutions acquisition occurred on January 1, 2025, unless otherwise indicated.
Pro forma combined revenue growth represents Pro forma combined revenue excluding the impact of fluctuations in foreign currency exchange rates in the current period as compared to the prior period Pro forma combined revenue. When referring to Pro forma combined revenue growth, revenue from our Corporate and Other segment is excluded.
Any non-GAAP measures should be considered in context with the GAAP financial presentation and should not be considered in isolation or as a substitute for GAAP measures. Further, FIS' non-GAAP measures may be calculated differently from similarly titled measures of other companies. Reconciliations of these non-GAAP measures to related GAAP measures, including footnotes describing the adjustments, are provided in the attached schedules and in the Investor Relations section of the FIS website, www.investor.fisglobal.com.
Forward-Looking Statements
This earnings release and today's webcast contain "forward-looking statements" within the meaning of the U.S. federal securities laws. Statements that are not historical facts, as well as other statements about our expectations, beliefs, intentions, or strategies regarding the future, or other characterizations of future events or circumstances, are forward-looking statements. Forward-looking statements include statements about anticipated financial outcomes, including any earnings outlook or projections, projected revenue or expense synergies or dis-synergies, business and market conditions, outlook, foreign currency exchange rates, deleveraging plans, expected dividends and share repurchases of the Company, the Company's sales pipeline and anticipated profitability and growth, plans, strategies and objectives for future operations, strategic value creation, risk profile and investment strategies, any statements regarding future economic conditions or performance and any statements with respect to the future impacts of the recently completed acquisition of the Issuer Solutions Business, which has been rebranded as FIS Total Issuing(TM) Solutions. These statements may be identified by words such as "expect," "anticipate," "intend," "plan," "believe," "will," "should," "could," "would," "project," "continue," "likely," and similar expressions, and include statements reflecting future results or outlook, statements of outlook and various accruals and estimates. These statements relate to future events and our future results and involve a number of risks and uncertainties. Forward-looking statements are based on management's beliefs as well as assumptions made by, and information currently available to, management.
Actual results, performance or achievement could differ materially from these forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include the following, without limitation:
* changes in general economic, business and political conditions, a recession, intensified or expanded international hostilities, acts of terrorism, fluctuation in rates of inflation or interest, effects of announced or future tariff increases and any resulting regulatory changes in global trade relations and changes in consumer or business confidence;
* changes in either or both the United States and international lending, capital and financial markets or currency fluctuations;
* the risk that acquired businesses, including FIS Total Issuing(TM) Solutions, will not be integrated successfully, will not provide the expected benefits, or that the integration will be more costly or more time-consuming and complex than anticipated;
* the risk that cost savings and synergies anticipated to be realized from acquisitions, including the Issuer Solutions Acquisition, may not be fully realized or may take longer to realize than expected or that costs may be greater than anticipated;
* the risks of doing business internationally;
* the effect of legislative initiatives or proposals, statutory changes, governmental or applicable regulations and/or changes in industry requirements, including privacy, data protection, cybersecurity, cyber resilience and AI laws and regulations;
* our ability to comply with climate change legal and regulatory requirements and to maintain practices that meet our stakeholders' evolving expectations;
* the risks of reduction in revenue from the elimination of existing and potential customers due to consolidation in, or new laws or regulations affecting, the banking, retail and financial services industries or due to financial failures or other setbacks suffered by firms in those industries;
* changes in the growth rates of the markets for our solutions;
* the amount, declaration and payment of future dividends is at the discretion of our Board of Directors and depends on, among other things, our investment opportunities, results of operations, financial condition, cash requirements, future prospects, and other factors that may be considered relevant by our Board of Directors, including legal and contractual restrictions;
* the amount and timing of any future share repurchases is subject to, among other things, our share price, our other investment opportunities and cash requirements, our results of operations and financial condition, our future prospects and other factors that may be considered relevant by our Board of Directors and management;
* failures to adapt our solutions to changes in technology or in the marketplace;
* internal or external security or privacy breaches of our systems, including those relating to unauthorized access, theft, corruption or loss of personal information and computer viruses and other malware affecting our software or platforms, and the reactions of customers, card associations, government regulators and others to any such events;
* the risk that implementation of software, including software updates, for customers or at customer locations or employee error in monitoring our software and platforms may result in the corruption or loss of data or customer information, interruption of business operations, outages, exposure to liability claims or loss of customers;
* the risk that partners and third parties may fail to satisfy their legal obligations to us;
* the risks associated with managing pension cost, cybersecurity issues and IT outages experienced;
* our ability to navigate the opportunities and risks associated with using and/or incorporating AI technologies into our business;
* the reaction of current and potential customers to communications from us or regulators regarding information security, risk management, internal audit or other matters;
* competitive pressures on pricing related to the decreasing number of community banks in the U.S., the development of new disruptive technologies competing with one or more of our solutions, increasing presence of international competitors in the U.S. market and the entry into the market by global banks and global companies with respect to certain competitive solutions, each of which may have the impact of unbundling individual solutions from a comprehensive suite of solutions we provide to many of our customers;
* the failure to innovate in order to keep up with new emerging technologies, which could impact our solutions and our ability to attract new, or retain existing, customers;
* an operational or natural disaster at one of our major operations centers;
* failure to comply with applicable requirements of payment networks or changes in those requirements;
* fraud by bad actors; and
* other risks detailed elsewhere in the "Risk Factors" section and other sections of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in our other filings with the Securities and Exchange Commission.
Other unknown or unpredictable factors also could have a material adverse effect on our business, financial condition, results of operations and prospects. Accordingly, readers should not place undue reliance on these forward-looking statements. These forward-looking statements are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Except as required by applicable law or regulation, we do not undertake (and expressly disclaim) any obligation and do not intend to publicly update or review any of these forward-looking statements, whether as a result of new information, future events or otherwise.
Table: Earnings Release Supplemental Financial Information
Table: CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) - UNAUDITED
Table: CONDENSED CONSOLIDATED BALANCE SHEETS -- UNAUDITED
Table: CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS -- UNAUDITED
Table: SUPPLEMENTAL NON-GAAP ADJUSTED REVENUE GROWTH -- UNAUDITED
Table: SUPPLEMENTAL DISAGGREGATION OF REVENUE -- UNAUDITED
Table: For the three months ended March 31, 2025 (1) (in millions):
Table: SUPPLEMENTAL GAAP TO NON-GAAP RECONCILIATIONS -- UNAUDITED
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Original text here: https://www.fisglobal.com/about-us/media-room/press-release/2026/fis-reports-first-quarter-2026-results-and-reiterates-full-year-outlook
[Category: BizFinancial Services]
BMJ Group: Review Finds No Direct Link Between Aluminium Adjuvanted Vaccines and Serious or Long Term Health Conditions
LONDON, England, May 9 (TNSjou) -- BMJ Group issued the following news release about The BMJ:* * *
Review finds no direct link between aluminium adjuvanted vaccines and serious or long term health conditions
Findings align with existing safety data, supporting continued use of aluminium-adjuvanted vaccines in immunisation programmes.
*
Current evidence does not support direct (causal) associations between aluminium adjuvanted vaccines and serious or long term health outcomes, including autism, diabetes and asthma, finds a review of the latest data published by The BMJ today.
Small amounts ... Show Full Article LONDON, England, May 9 (TNSjou) -- BMJ Group issued the following news release about The BMJ: * * * Review finds no direct link between aluminium adjuvanted vaccines and serious or long term health conditions Findings align with existing safety data, supporting continued use of aluminium-adjuvanted vaccines in immunisation programmes. * Current evidence does not support direct (causal) associations between aluminium adjuvanted vaccines and serious or long term health outcomes, including autism, diabetes and asthma, finds a review of the latest data published by The BMJ today. Small amountsof aluminium salts (adjuvants) are commonly used in vaccines against diphtheria, tetanus, pertussis (whooping cough), hepatitis, HPV, and meningitis to make them more effective and longer-lasting. Yet, despite a decades-long safety record, questions about potential long term effects continue to arise in scientific and public settings.
To address this, researchers searched scientific databases to identify randomised controlled trials and observational studies published up to 27 November 2025 that assessed health outcomes after exposure to aluminium adjuvants included in vaccines.
They found 59 eligible studies that investigated a range of outcomes including autism, asthma, headache, muscle pain (myalgia), and skin reactions (nodules and granulomas) at the injection site. Studies of investigational vaccines were excluded, as their findings are not directly applicable to existing immunisation programmes.
The studies were of varying quality, but the researchers were able to assess their risk of bias and certainty of evidence using established tools.
High quality evidence from randomised controlled trials and large observational studies consistently showed no association between aluminium-adjuvanted vaccines and health outcomes including autism, type 1 diabetes, asthma, and myalgia.
Although some case series and one cohort study reported a rare muscle disease (macrophagic myofasciitis or MMF) in some people who had biopsies for musculoskeletal symptoms after vaccination, these studies were generally small and at serious or critical risk of bias, so did not provide credible evidence of a causal association.
The most consistently documented reactions were persistent nodules or granulomas at the injection site, but they were uncommon, local, and self-limited.
The researchers acknowledge various limitations to their findings, such as evidence on specific vaccine components is sparse compared with whole vaccine research, with a high proportion of methodologically weak studies, predominantly from high income countries.
However, they say: "Current evidence does not support causal associations between aluminium adjuvanted vaccines and serious or long term health outcomes. These findings are consistent with the broader post-licensure safety evidence base, which supports continued use of aluminium adjuvanted vaccines in immunisation programmes."
"Taken together, the convergent findings of higher quality studies provide a meaningful evidence base to inform public health decision making on aluminium adjuvanted vaccines," they add.
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Notes for editors
Research: Aluminium adjuvants in vaccines and potential health effects: systematic review doi: 10.1136/bmj-2025-088921 (https://www.bmj.com/content/393/bmj-2025-088921)
External funding: Public Health Agency of Canada
Link to Academy of Medical Sciences press release labelling system: http://press.psprings.co.uk/AMSlabels.pdf
Externally peer reviewed? Yes
Evidence type: Systematic review
Subjects: People
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Original text here: https://bmjgroup.com/review-finds-no-direct-link-between-aluminium-adjuvanted-vaccines-and-serious-or-long-term-health-conditions/
[Category: BizMedia]
BMJ Group: Prisoners in England at 41-67 Times Greater Risk of Avoidable Healthcare Harms Than General Public
LONDON, England, May 9 (TNSjou) -- BMJ Group issued the following news release about BMJ Quality & Safety:* * *
Prisoners in England at 41-67 times greater risk of avoidable healthcare harms than general public
Estimates suggest between 3000-3700 such cases every year
Stark disparity underscores urgent need for government and policy action, say researchers
*
Prisoners in England are 41 to 67 times more likely to experience avoidable harms as a result of poor healthcare than the general public, suggest the findings of a case note review of medical records, published online in the journal ... Show Full Article LONDON, England, May 9 (TNSjou) -- BMJ Group issued the following news release about BMJ Quality & Safety: * * * Prisoners in England at 41-67 times greater risk of avoidable healthcare harms than general public Estimates suggest between 3000-3700 such cases every year Stark disparity underscores urgent need for government and policy action, say researchers * Prisoners in England are 41 to 67 times more likely to experience avoidable harms as a result of poor healthcare than the general public, suggest the findings of a case note review of medical records, published online in the journalBMJ Quality & Safety.
In 2024, 98,000 people were held in prisons or youth offender detention centres across England and Wales. And the researchers estimate that if their findings are extrapolated to the total number of prisoners, this could mean between 3000 and 3700 cases of avoidable healthcare-associated harm every year.
In 2006, the Department of Health and Social Care took over healthcare provision in prisons in England and Wales with the aim of providing staff, resources, and facilities of at least the same standard as those available to the general public.
But prison overcrowding, understaffing, and increasing rates of self-harm and substance misuse among prisoners have prompted calls for improvements to the quality and safety of prison healthcare.
To gauge the extent of avoidable harms among prisoners due to poor healthcare, the researchers selected 18 prisons in England to reflect the breadth of provision by category, type, and size.
They screened more than 15,000 medical records from which they selected two groups: 6294 prisoners (5896 men; 396 women) considered to be at 'enhanced risk' of healthcare harms because they had two or more long term health conditions, for example; and a random sample of 853 prisoners (832 men and 21 women).
These 7147 medical records were reviewed to identify any unintentional or unexpected events that led to harm during healthcare provision over the preceding 12 months, known as patient safety incidents.
In total, 244 prisoners experienced 247 incidents of avoidable harm, most of which involved discomfort and pain (99; 40%) and delays receiving appropriate healthcare management or assessment (91;37%). Deterioration of medical conditions was also frequently reported (76; 31%).
In all, 209 incidents were assessed as significant---causing moderate or severe harm or death; 171 (69%) were probably avoidable; 204 were possibly avoidable (83%); and 8 (0.1%) were definitely avoidable. In 27 cases, death was directly attributed to the incident.
In one case, a prisoner, who stated that they would hang themselves on arrival at the prison, wasn't referred to the mental health team for support. And no formal action plan (Assessment, Care in Custody and Teamwork plan) was started. The prisoner was moved to the segregation unit, and when unobserved, took their own life in their cell.
In another, advanced cancer was missed, despite the prisoner seeking help several times from the healthcare team with red flag symptoms. This was because the healthcare professionals thought the prisoner's behaviour was prompted by the desire for drugs and failed to refer them. They ended up needing emergency surgery and a prolonged stay in intensive care.
Based on their findings, the researchers estimate that the maximum incidence of all avoidable harms in prisons in England might be as high as 3412 per 100 000 patient-years. In other words, 34 in every 1000 prisoners would experience avoidable harm every year.
And they estimate that prisoners are 41 to 67 times more likely to experience avoidable healthcare harm than the general public.
This is an observational study, based on 18 prisons, and as such, no firm conclusions can be drawn about cause and effect. The researchers also acknowledge that the medical records they reviewed were often incomplete and entries sparse or of poor quality.
Nevertheless, better management of long term conditions in prisons and greater support for prisoners at risk of self-harm and suicide is needed, they say.
"Efforts in prisons will not give prisoners 'special treatment' not afforded to the rest of the population, but will reduce health inequalities faced by a population with complex healthcare needs," they write.
But the differences in the risk of healthcare harms between prisoners and the general public warrant urgent action to tackle the systemic failures contributing to harm, they insist.
"This stark disparity underscores the urgent need for government and policy action. Delivering safe, equitable healthcare in secure environments remains a major challenge that demands focused attention," they conclude.
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Notes for editors
Research: The incidence of avoidable healthcare-associated harm in prisons in England: a retrospective case note review. doi:10.1136/ bmjqs-2025-019935
Journal: BMJ Quality & Safety
External funding: National Institute for Health and Care Research
Link to Academy of Medical Sciences press release labelling system:
http://press.psprings.co.uk/AMSlabels.pdf
About the journal
BMJ Quality & Safety is one of 70 journals published by BMJ Group. The title is co-owned with the Health Foundation.
https://qualitysafety.bmj.com
Externally peer reviewed? Yes
Evidence type: Observational
Subjects: People
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View journal here: (https://qualitysafety.bmj.com/lookup/doi/10.1136/bmjqs-2025-019935)
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Original text here: https://bmjgroup.com/prisoners-in-england-at-41-67-times-greater-risk-of-avoidable-healthcare-harms-than-general-public/
[Category: BizMedia]