Mixed Q1 Results as StoneX Hits Record Revenue and ABTC Expands Bitcoin Reserves
Key Facts
The wave of Q1 2026 earnings reports continued with StoneX Group achieving record revenues of $829.1 million and American Bitcoin expanding its strategic reserves to 7,000 BTC. In the pharmaceutical sector, Amphastar Pharmaceuticals reported net revenues of $171.2 million and an adjusted net income of $0.42 per share. The media sector also showed strength as Starz Entertainment's OTT revenue grew to $211.1 million, with management accelerating its 20% adjusted OIBDA margin outlook to the second half of 2027. Conversely, Diversified Energy reported a $161 million loss due to non-cash derivatives, while CoreCivic raised its full-year guidance. These updates highlight varying operational efficiency across the financial, pharmaceutical, and technology sectors.