Perimeter Solutions: 2Q26 Business Recap
Perimeter Solutions’ 2Q26 revenue rose 31%, while operating income fell 11% as USDA pricing and DLA delivery timing hurt Fire Safety; it acquired Monaco Enterprises for $120 million.
Wednesday, August 5, 2026
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Investor Letters
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This Stock Just Got Cheaper on Better Numbers
A debt-free American manufacturer now trades at roughly 7x annualized Q2 EBITDA, with $7.35 per share in net cash and a tender floor 18.5%…
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Clear the DEC?
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$CBZ: stop the buybacks and restart the M&A flywheel? | Reference Equity
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Matan on Stitch Fix
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Is insider buying a signal if the insiders are always wrong? $LILAK
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$VEON: a busted EM telecom hiding a 4x? | Samit Umatiya, UIG Funds
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Under The Hood, Wingstop Inc. ($WING)
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The Biggest Bull Signal On Entravision
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Hemnet – Broken Moat or Misunderstood Monopoly?
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National Beverage Update
National Beverage’s rare share repurchase is framed as a buy signal, with 50% upside projected.
The Priority Technology Situation
Priority Technology received an opportunistic buyout proposal, with its business better suited to remaining public absent a much higher…
Tis The (Earnings) Season
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Drilling Down on Disposal: Parallels Between Produced Water and Municipal Waste Disposal
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The Announcement That Changes Everything
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GCI Liberty: Cheap, Tax Asset, Malone Fatigue?
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Golden Dome, Quantum, Next-Gen GPS, Oh My... ($FEIM)
Frequency Electronics ($FEIM) trades at its lowest EV/EBITDA multiple since 2016 despite satellite-timing exposure to Golden Dome spending…
When extend and pretend is a virtue
Upstart says longer repayment terms lifted Q1 debt-settlement acceptances 50%, but does not disclose delinquency changes or the number of…
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