-- Synlait Milk (ASX:SM1, NZE:SML) obtained two waivers in relation to its syndicated loan facilities, as external challenges continue to strain the company's financial performance, according to a Tuesday filing with the New Zealand bourse.
The bank lenders have agreed to waive both the quarterly minimum earnings before interest, taxes, depreciation and amortization event-of-review threshold and the interest cover ratio requirement for the period ended April 30, the filing added.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:DUOL delivered solid Q1 results with revenue climbing to $292M and EPS of $0.89 versus $0.72 in the prior year, driven by 31% subscription revenue growth to $251M and 15% advertising growth to $21M. Operational efficiency improved notably with adjusted EBITDA advancing 33% to $83.4M (28.6% margin, +140 bps) while free cash flow reached $147.8M. The company's AI-powered content creation capabilities enabled publication of 20,500 course units - nearly triple the 2025 run rate - supporting 21% DAU growth to 56.5M and paid subscriber expansion to 12.5M. Management targets FY bookings of $1.28B (+10.5%), revenue of $1.2B (+16.1%), and adjusted EBITDA of $310M (25.7% margin). We expect continued momentum from AI-driven features and expansion into chess, math, and music, though anticipate gross margin compression from 71.0% to ~69.0% by Q4 as AI capabilities broaden. We believe DUOL's medium-term goal of 100M DAUs by 2028 remains achievable given strong user engagement trends and content innovation capabilities.
Regis Healthcare (ASX:REG) is expected to reap benefits from higher government funding into aged care sector, Jefferies said Monday in a note, adding that it is awaiting clarity from the upcoming federal budget announcement this month.The government has announced plans for a AU$3 billion investment in aged care, which includes an increased accommodation supplement.The investment firm assumes that if 40% of Regis' residents received a AU$15 higher daily accommodation supplement, the company could see around a 10% boost in EBITDA per place over 12 months. Regis expects fiscal 2026 underlying EBITDA of around AU$135 million.Jefferies is also confident in the company's fiscal 2027 outlook despite near-full occupancy as Regis continues to expand its portfolio and increase the proportion of residents paying Refundable Accommodation Deposit (RAD). The company reported average occupancy of 95.9% in mature homes in the third quarter.Jefferies maintained a buy rating and increased its price target by 35% to AU$9.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target by $3 to $165, reflecting a 20.7x forward P/E on our next-12-month EPS estimate. We lower our 2026 EPS view by $0.05 to $7.76 and raise our 2027 EPS view by $0.01 to $8.40. In March 2026, DTE executed a 1 GW data center agreement with Google and filed contracts with the MPSC for approval; a decision is expected by September 2026. The Google data center agreement complements the previously approved 1.4 GW Oracle project. The agreement is structured to deliver approximately $1.7B in affordability benefits for existing customers over the contract life, while requiring Google to pay the full cost of energy usage, including all related infrastructure investments. DTE intends to pause future electric rate requests for at least two years following its most recent request, dependent on the Oracle data center coming online by 2027. On a compound annual basis from 2025 to 2028, we anticipate approximately 7.5% EPS and 6.8% dividend growth, highly competitive with multi-utilities peers.