Market Newsdesk

June 17, 2026 5:53 am

X Financial Announces Leadership Change

PR Newswire

SHENZHEN, China, June 17, 2026 /PRNewswire/ — X Financial (NYSE: XYF) (“X Financial” or the “Company” or “we”), a leading Chinese fintech platform, today announced that Mr. Yufan Jiang resigned from his position as the Chief Risk Officer of the Company, effective from July 1, 2026, due to personal reasons. Mr. Yufan Jiang’s resignation was not a result of any disagreement with the Company’s operations, policies or procedures. We express our gratitude for his dedicated contributions during his tenure with the Company. We also extend our sincere best wishes to Mr. Yufan Jiang for his future career and personal life.

Effective July 1, 2026, Mr. Kan Li will be appointed as Acting Chief Risk Officer of the Company. Mr. Kan Li has served as the President and Director of the Company and will continue to hold these positions.

Mr. Kan Li has served as the President of the Company since May 2021, Director since December 2021 and our Chief Risk Officer from November 2017 to November 2023. Mr. Li joined our company in 2015, initially serving as a Department Head overseeing unsecured loan risk from 2015 to 2017.

About X Financial

X Financial (NYSE: XYF) (the “Company”) is a leading Chinese fintech platform. The Company is committed to connecting borrowers on its platform with its institutional funding partners. With its proprietary big data-driven technology, the Company has established strategic partnerships with financial institutions across multiple areas of its business operations, enabling it to facilitate and originate loans to prime borrowers under a risk assessment and control system.

For more information, please visit http://ir.xiaoyinggroup.com.

Disclaimer

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but are not limited to the following: the Company’s goals and strategies; its future business development, financial condition and results of operations; the expected growth of the credit industry, and marketplace lending in particular, in China; the demand for and market acceptance of its marketplace’s products and services; its ability to attract and retain borrowers and investors on its marketplace; its relationships with its strategic cooperation partners; competition in its industry; and relevant government policies and regulations relating to the corporate structure, business and industry. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this announcement is current as of the date of this announcement, and the Company does not undertake any obligation to update such information, except as required under applicable law.

X Financial

Mr. Fuya Zheng
Mr. Noah Kauffman
E-mail: [email protected]

View original content:https://www.prnewswire.com/news-releases/x-financial-announces-leadership-change-302802614.html

SOURCE X Financial

June 17, 2026 5:53 am

CarMax Reports First Quarter Fiscal 2027 Results

CarMax Reports First Quarter Fiscal 2027 Results

Introduces Strategy for Growth

RICHMOND, Va.–(BUSINESS WIRE)–
CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2026.

First Quarter Highlights:⁽¹⁾

CEO Keith Barr announces CarMax’s four-pillar strategic framework with the objective of delivering strong unit and earnings growth that enables CarMax to consistently reward shareholders.

Net revenues rose 6.2% to $8.0 billion.

Combined retail and wholesale unit sales of 392,357, an increase of 3.3%.

Retail used unit sales increased slightly and comparable store used unit sales declined 0.8%; gross profit per retail used unit of $2,177 declined from last year’s all-time record by $230, reflecting the continuation of pricing actions implemented to drive an improved sales trend.

Wholesale units increased 8.4%; gross profit per wholesale unit of $1,046, in line with the prior year.

Extended Protection Plans (EPP) margin per retail unit of $580, an increase of $8 per unit.

Bought 322,000 vehicles from consumers and dealers, a decrease of 4.4%.

SG&A expenses decreased 3.7% or $24.5 million to $635.2 million. Ongoing cost reduction efforts, combined with total unit growth, drove strong SG&A leverage of 6.8% to $1,619 per total unit, an improvement of $118 per total unit.

CarMax Auto Finance (CAF) penetration expanded 150 basis points year over year to 43.3%, reflecting continued execution of our full spectrum growth strategy. Delivered $140.2 million in CAF income, a slight decrease of 1.0%.

Net earnings per diluted share of $1.31 versus $1.38 a year ago.

⁽¹⁾

Comparisons to the prior year’s first quarter unless otherwise stated.

CEO Commentary:

“I came to CarMax because I saw a strong foundation, an award-winning, people-first culture, and significant potential to unlock growth. Three months in, I am more convinced than ever that this is a business with everything it needs to thrive,” said Keith Barr, President and Chief Executive Officer.

“We are entering this fiscal year with a clear strategy that is driving early results,” he continued. “We have identified four strategic pillars that will meaningfully improve how we operate at scale and support strong performance. Our goal is clear: deliver strong unit sales and earnings growth that enables us to consistently reward our shareholders.”

Strategy for Growth:

CarMax’s strategy is built around four pillars designed to place the customer at the center of everything we do with the objective of driving sustainable growth and strong operating performance over time:

1.Great Offering – give customers every reason to choose CarMax

Price competitively across demand cycles while growing saleable inventory and providing customers faster access to our vehicles

2. Easy Experience – make it easy to do business with us through a seamless experience

Better connect digital capabilities with in-store experiences to improve conversion and customer satisfaction

3. Add Value on Each Transaction – grow profitability by maximizing value across all aspects of our business

Grow long-term profitability across the CAF and Extended Protection Plan (EPP) businesses

4.Run Lean – reimagine our cost structure to enable a great offering

Lower reconditioning costs through technology and operational efficiency while continuing to deliver the high-quality vehicles customers expect from CarMax, enhance our logistics network, and continue to reduce SG&A

CarMax plans to host a Strategic Update in late Fall to share additional detail on key initiatives and milestones underlying our Strategy for Growth.

First Quarter Business Performance Review:

Sales. Total net revenues rose 6.2% to $8.0 billion compared to the prior year’s first quarter. Combined retail and wholesale used vehicle unit sales were 392,357, an increase of 3.3% from the prior year’s first quarter.

Total retail used vehicle unit sales increased slightly to 230,293 compared to 230,210 in the prior year’s first quarter, which benefited from tariff-driven demand. Comparable store used unit sales decreased 0.8% from the prior year’s first quarter. Total retail used vehicle revenues increased 4.7% compared with the prior year’s first quarter, driven by an increase in average retail selling price of approximately $1,200 per unit or 4.5%.

Total wholesale vehicle unit sales increased 8.4% to 162,064 versus the prior year’s first quarter. Total wholesale revenues increased 14.0% compared with the prior year’s first quarter due to an increase in wholesale units sold and an increase in the average wholesale selling price of approximately $400 per unit or 5.1%.

We bought 322,000 vehicles from consumers and dealers, down 4.4% compared to last year’s first quarter. Of these vehicles, 281,000 were bought from consumers and 41,000 were bought through dealers, a decrease of 2.5% and 15.4%, respectively, from last year’s first quarter.

Our digital capabilities supported 84% of retail unit sales. Omni sales⁽²⁾ were 70% and online retail sales⁽³⁾ accounted for 14% of retail unit sales.

Gross Profit. Total gross profit was $854.4 million, down 4.4% versus last year’s first quarter. Retail used vehicle gross profit decreased 9.5% and retail gross profit per used unit was $2,177, down $230 from last year’s all-time record, reflecting the continuation of pricing actions to drive an improved sales trend.

Wholesale vehicle gross profit increased 8.3% versus the prior year’s first quarter, reflecting higher wholesale unit volume and gross profit per unit of $1,046 per unit, which was in line with the prior year’s first quarter.

SG&A. Compared with the first quarter of fiscal 2026, SG&A expenses decreased 3.7% or $24.5 million to $635.2 million, primarily driven by lower compensation and benefits costs as we make tangible progress toward our targeted SG&A reductions. These reductions were partially offset by higher advertising expense to support sales and buys. SG&A per total unit improved by $118, or 6.8%, to $1,619. We are on track to achieve our targeted SG&A reductions of $200 million in exit rate savings by the end of fiscal year 2027.

CarMax Auto Finance.⁽⁴⁾ CAF income was $140.2 million, down 1.0% from the prior year’s first quarter, driven by a decline in auto loans outstanding following the $900 million non‑prime securitization in the third quarter of last year, in which most of the related residual financial interest was sold, which in turn reduced total interest margin. This decrease was largely offset by interest earned on higher margin receivables from our full spectrum growth and servicing income associated with the sale of the residual interest. This quarter’s provision for loan losses, which incorporates CAF’s additional growth into the Tier 2 space, was $95.6 million compared to $101.7 million in the prior year’s first quarter. There was a reduction in this quarter’s provision due to the release of $25.1 million for the allowance previously recorded for loans that are now classified as held for sale.

As of May 31, 2026, the allowance for loan losses of $475.0 million was 2.95% of auto loans held for investment, up from 2.78% as of February 28, 2026.

CAF’s total interest margin percentage, which represents the spread between interest and fees charged to consumers and our funding costs, was 6.7% of average auto loans outstanding, which includes held for investment and held for sale, up 20 basis points from the prior year’s first quarter. After the effect of 3-day payoffs, CAF financed 43.3% of units sold in the current quarter, up from 41.8% in the prior year’s first quarter. CAF’s weighted average contract rate was 11.3% in the quarter, in line with the first quarter last year.

Share Repurchase Activity. During the first quarter of fiscal 2027, we did not repurchase any shares of common stock pursuant to our share repurchase program. As of May 31, 2026, we had $1.31 billion remaining available for repurchase under the outstanding authorization. We remain committed to returning capital to shareholders and intend to resume share repurchases in the future at the appropriate time depending upon market conditions, our leverage, and our capital needs, among other factors.

Location Openings. During the first quarter of fiscal 2027, we opened one stand-alone reconditioning/auction center located in Locust Grove, Georgia.

⁽²⁾	An omni retail unit sale is defined as a sale where customers complete at least one, but not all, of the four activities listed in note (3) below online. An omni retail unit sale also includes additional steps that can be completed online, including pre-qualifying for financing, setting appointments and signing up for notifications of cars coming soon.
⁽³⁾	An online retail sale is defined as a sale where the customer completes all four of these major transactional activities online: reserving the vehicle; financing the vehicle, if needed; trading-in or opting out of a trade in; and creating an online sales order.
⁽⁴⁾	Although CAF benefits from certain indirect overhead expenditures, we have not allocated indirect costs to CAF to avoid making subjective allocation decisions.

Supplemental Financial Information

Amounts and percentage calculations may not total due to rounding.

Sales Components

	Three Months Ended May 31
(In millions)		2026			2025		Change
Used vehicle sales	$	6,391.3		$	6,103.4		4.7	%
Wholesale vehicle sales		1,427.6			1,252.7		14.0	%
Other sales and revenues:
Extended protection plan revenues		133.5			131.7		1.4	%
Third-party finance fees, net		(4.5	)		(0.7	)	(542.8	)%
Advertising & subscription revenues ⁽¹⁾		36.7			36.5		0.4	%
Other		28.9			22.9		26.2	%
Total other sales and revenues		194.6			190.4		2.2	%
Total net sales and operating revenues	$	8,013.5		$	7,546.5		6.2	%

⁽¹⁾

Excludes intercompany revenues that have been eliminated in consolidation.

Unit Sales

	Three Months Ended May 31
	2026	2025	Change
Used vehicles	230,293	230,210	—	%
Wholesale vehicles	162,064	149,517	8.4	%
Total vehicles	392,357	379,727	3.3	%

Average Selling Prices

	Three Months Ended May 31
		2026		2025	Change
Used vehicles	$	27,288	$	26,120	4.5	%
Wholesale vehicles	$	8,364	$	7,959	5.1	%

Vehicle Sales Changes

	Three Months Ended May 31
	2026		2025
Used vehicle units	—	%	9.0	%
Used vehicle revenues	4.7	%	7.5	%

Wholesale vehicle units	8.4	%	1.2	%
Wholesale vehicle revenues	14.0	%	(0.3	)%

Comparable Store Used Vehicle Sales Changes⁽¹⁾

	Three Months Ended May 31
	2026		2025
Used vehicle units	(0.8	)%	8.1	%
Used vehicle revenues	3.8	%	6.6	%

⁽¹⁾

Stores are added to the comparable store base beginning in their fourteenth full month of operation. Comparable store calculations include results for a set of stores that were included in our comparable store base in both the current and corresponding prior year periods.

Used Vehicle Financing Penetration by Channel (Before the Impact of 3-day Payoffs)⁽¹⁾

	Three Months Ended May 31
	2026		2025
CAF ⁽²⁾	45.7	%	44.4	%
Tier 2⁽³⁾	15.7	%	17.7	%
Tier 3⁽⁴⁾	9.0	%	8.0	%
Other⁽⁵⁾	29.6	%	29.9	%
Total	100.0	%	100.0	%

⁽¹⁾	Calculated as used vehicle units financed for respective channel as a percentage of total used units sold.
⁽²⁾	Includes CAF’s Tier 2 and Tier 3 loan originations, which represent less than 5% of total used units sold.
⁽³⁾	Third-party finance providers who generally pay us a fee or to whom no fee is paid.
⁽⁴⁾	Third-party finance providers to whom we pay a fee.
⁽⁵⁾	Represents customers arranging their own financing and customers that do not require financing.

Selected Operating Ratios

	Three Months Ended May 31
(In millions)		2026	% ⁽¹⁾		2025	% ⁽¹⁾
Net sales and operating revenues	$	8,013.5	100.0	$	7,546.5	100.0
Gross profit	$	854.4	10.7	$	893.6	11.8
CarMax Auto Finance income	$	140.2	1.8	$	141.7	1.9
Selling, general, and administrative expenses	$	635.2	7.9	$	659.6	8.7
Interest expense	$	33.8	0.4	$	27.1	0.4
Earnings before income taxes	$	258.6	3.2	$	283.1	3.8
Net earnings	$	185.6	2.3	$	210.4	2.8

⁽¹⁾

Calculated as a percentage of net sales and operating revenues.

Gross Profit⁽¹⁾

	Three Months Ended May 31
(In millions)		2026		2025	Change
Used vehicle gross profit	$	501.4	$	554.2	(9.5	)%
Wholesale vehicle gross profit		169.5		156.6	8.3	%
Other gross profit		183.5		182.8	0.4	%
Total	$	854.4	$	893.6	(4.4	)%

⁽¹⁾

Amounts are net of intercompany eliminations.

Gross Profit per Unit⁽¹⁾

	Three Months Ended May 31
			2026			2025
	$ per unit⁽²⁾		%⁽³⁾	$ per unit⁽²⁾		%⁽³⁾
Used vehicle gross profit per unit	$	2,177	7.8	$	2,407	9.1
Wholesale vehicle gross profit per unit	$	1,046	11.9	$	1,047	12.5
Other gross profit per unit	$	797	94.4	$	794	96.1

⁽¹⁾	Amounts are net of intercompany eliminations.
⁽²⁾	Calculated as category gross profit divided by its respective units sold, except the other category, which is divided by total used units sold.
⁽³⁾	Calculated as a percentage of its respective sales or revenue.

SG&A Expenses⁽¹⁾

	Three Months Ended May 31
(In millions except per unit data)		2026		2025	Change
Compensation and benefits:
Compensation and benefits, excluding share-based compensation expense	$	329.6	$	349.0	(5.6	)%
Share-based compensation expense		39.7		45.6	(12.9	)%
Total compensation and benefits⁽²⁾	$	369.3	$	394.6	(6.4	)%
Occupancy costs		66.8		68.9	(3.0	)%
Advertising expense		75.9		67.9	11.8	%
Other overhead costs⁽³⁾		123.2		128.2	(4.0	)%
Total SG&A expenses	$	635.2	$	659.6	(3.7	)%
SG&A per total unit	$	1,619	$	1,737	(6.8	)%

⁽¹⁾	Amounts are net of intercompany eliminations.
⁽²⁾	Excludes compensation and benefits related to reconditioning and vehicle repair service, which are included in cost of sales.
⁽³⁾	Includes IT expenses, non-CAF bad debt, insurance, preopening and relocation costs, travel, charitable contributions and other administrative expenses.

Components of CAF Income and Other CAF Information

	Three Months Ended May 31
(In millions)		2026			2025
Interest margin:
Interest and fee income	$	460.9		$	485.4
Interest expense		(184.2	)		(197.5	)
Total interest margin		276.7			287.9
Provision for loan losses		(95.6	)		(101.7	)
Total interest margin after provision for loan losses		181.1			186.2
Servicing income		4.2			—
Total direct expenses		(45.1	)		(44.5	)
CarMax Auto Finance income	$	140.2		$	141.7

Average auto loans outstanding ⁽¹⁾	$	16,533.7		$	17,719.9
Total interest margin as a percent of average auto loans outstanding		6.7	%		6.5	%

Net auto loans originated ⁽¹⁾	$	2,445.1		$	2,318.5
Net penetration rate ⁽¹⁾		43.3	%		41.8	%
Weighted average contract rate ⁽¹⁾		11.3	%		11.4	%

Ending allowance for loan losses	$	475.0		$	474.2

⁽¹⁾

Includes auto loans held for investment and auto loans held for sale.

Earnings Highlights

	Three Months Ended May 31
(In millions except per share data)		2026		2025	Change
Net earnings	$	185.6	$	210.4	(11.8	)%
Diluted weighted average shares outstanding		142.1		152.6	(6.9	)%
Net earnings per diluted share	$	1.31	$	1.38	(5.1	)%

Conference Call Information

We will host a conference call for investors at 8:00 a.m. ET today, June 17, 2026. Domestic investors may access the call at 1-800-225-9448 (international callers dial 1-203-518-9708). The conference I.D. for both domestic and international callers is 3171396. A live webcast of the call will be available on our investor information home page at investors.carmax.com. An investor presentation is also available on the website.

A replay of the webcast will be available on the company’s website at investors.carmax.com through September 28, 2026, or via telephone (for approximately one week) by dialing 1-800-839-1247 (or 1-402-220-0470 for international access) and entering the conference ID 3171396.

Second Quarter Fiscal 2027 Earnings Release Date

We currently plan to release results for the second quarter ending August 31, 2026, on Tuesday, September 29, 2026, before the opening of trading on the New York Stock Exchange. We plan to host a conference call for investors at 8:00 a.m. ET on that date. Information on this conference call will be available on our investor information home page at investors.carmax.com in early September 2026.

About CarMax

CarMax, the nation’s largest retailer of used autos, revolutionized the automotive retail industry by driving integrity, honesty and transparency in every interaction. The company offers a truly personalized experience with the option for customers to do as much, or as little, online and in-store as they want. During the fiscal year that ended February 28, 2026, CarMax sold approximately 780,000 used vehicles and 540,000 wholesale vehicles at its auctions. In addition, CarMax Auto Finance originated $8 billion in auto loans during fiscal 2026, adding to its $16 billion portfolio. CarMax has more than 255 store locations, approximately 28,000 associates, and is proud to have been recognized for 22 consecutive years as one of the Fortune 100 Best Companies to Work For®. CarMax is committed to helping its communities thrive and reducing the environmental footprint of its operations. Learn more in the 2026 Responsibility Report. For more information, visit www.carmax.com.

Forward-Looking Statements

We caution readers that the statements contained in this release that are not statements of historical fact, including statements about our future business plans, operations, challenges, opportunities or prospects, including without limitation any statements or factors regarding our recent leadership transition, four-pillar strategic framework, operating capacity, sales, inventory, market share, financial and operational targets and goals, revenue, margins, expenses, liquidity, loan originations, capital expenditures, share repurchase plans, debt obligations or earnings, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by the use of words such as “anticipate,” “believe,” “commit,” “could,” “enable,” “encourage,” “estimate,” “expect,” “focus on,” “intend,” “may,” “on track,” “outlook,” “plan,” “position,” “predict,” “should,” “target,” “will” and other variations of these words or similar expressions, whether in the negative or affirmative. Such forward-looking statements are based upon management’s current knowledge, expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from anticipated results. Among the factors that could cause actual results and outcomes to differ materially from those contained in the forward-looking statements are the following:

Changes in the competitive landscape and/or our failure to successfully adjust to such changes.
Changes in general or regional U.S. economic conditions, including economic downturns, inflationary pressures, fluctuating interest rates, tariffs, the effect of trade policies or related uncertainties, and the potential impact of international events (including the conflict in the Middle East).
Changes in the availability or cost of capital and working capital financing, including changes related to the asset-backed securitization market.
Events that damage our reputation or harm the perception of the quality of our brand.
Significant changes in prices of new and used vehicles.
A reduction in the availability of or access to sources of inventory or a failure to expeditiously liquidate inventory.
The failure or inability to realize the expected benefits and objectives associated with our four-pillar strategic framework.
Our inability to realize the benefits associated with our omni-channel platform or initiatives designed to leverage evolving technologies, including AI.
Factors related to geographic and sales growth, including the inability to effectively manage our growth.
Our inability to recruit, develop and retain associates and maintain positive associate relations.
The loss of key associates from our store, regional or corporate management teams, the failure to effectively execute key executive succession plans, disruptions associated with leadership transitions, or a significant increase in labor costs.
Changes in economic conditions or other factors that result in greater credit losses for CAF’s portfolio of auto loans than anticipated.
The failure or inability to realize the benefits associated with our strategic investments.
Changes in consumer credit availability provided by our third-party finance providers.
Changes in the availability of extended protection plan products from third-party providers.
The performance of the third-party vendors we rely on for key components of our business.
Adverse conditions affecting one or more automotive manufacturers.
The inaccuracy of estimates and assumptions used in the preparation of our financial statements, or the effect of new accounting requirements or changes to U.S. generally accepted accounting principles.
The failure or inability to adequately protect our intellectual property.
The occurrence of severe weather events.
The failure or inability to meet our environmental goals or satisfy related disclosure requirements.
Factors related to the geographic concentration of our stores.
Security breaches or other events that result in the misappropriation, loss or other unauthorized disclosure of confidential customer, associate or corporate information.
The failure of or inability to sufficiently enhance key information systems.
Factors related to the regulatory and legislative environment in which we operate.
The effect of evolving regulations, disclosure requirements, standards and expectations relating to environmental, social and governance matters.
The effect of various litigation matters.
The volatility in the market price for our common stock.
The impact of potential shareholder activism.

For more details on factors that could affect expectations, see our Annual Report on Form 10-K for the fiscal year ended February 28, 2026, and our quarterly or current reports as filed with or furnished to the U.S. Securities and Exchange Commission. Our filings are publicly available on our investor information home page at investors.carmax.com. Requests for information may also be made to the Investor Relations Department by email to [email protected] or by calling (804) 747-0422 x7865. We undertake no obligation to update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

CARMAX, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)

	Three Months Ended May 31
(In thousands except per share data)		2026		%⁽¹⁾		2025		%⁽¹⁾
SALES AND OPERATING REVENUES:
Used vehicle sales	$	6,391,332		79.8	$	6,103,440		80.9
Wholesale vehicle sales		1,427,635		17.8		1,252,738		16.6
Other sales and revenues		194,552		2.4		190,363		2.5
NET SALES AND OPERATING REVENUES		8,013,519		100.0		7,546,541		100.0
COST OF SALES:
Used vehicle cost of sales		5,889,979		73.5		5,549,257		73.5
Wholesale vehicle cost of sales		1,258,144		15.7		1,096,167		14.5
Other cost of sales		10,982		0.1		7,494		0.1
TOTAL COST OF SALES		7,159,105		89.3		6,652,918		88.2
GROSS PROFIT		854,414		10.7		893,623		11.8
CARMAX AUTO FINANCE INCOME		140,241		1.8		141,650		1.9
Selling, general, and administrative expenses		635,175		7.9		659,643		8.7
Depreciation and amortization		69,213		0.9		65,739		0.9
Interest expense		33,811		0.4		27,070		0.4
Other income		(2,101	)	—		(309	)	—
Earnings before income taxes		258,557		3.2		283,130		3.8
Income tax provision		72,930		0.9		72,749		1.0
NET EARNINGS	$	185,627		2.3	$	210,381		2.8
WEIGHTED AVERAGE COMMON SHARES:
Basic		141,847				152,137
Diluted		142,148				152,607
NET EARNINGS PER SHARE:
Basic	$	1.31			$	1.38
Diluted	$	1.31			$	1.38

⁽¹⁾

Percents are calculated as a percentage of net sales and operating revenues and may not total due to rounding.

CARMAX, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (UNAUDITED)

		As of
		May 31			February 28			May 31
(In thousands except share data)			2026			2026			2025
ASSETS
	CURRENT ASSETS:
	Cash and cash equivalents	$	132,223		$	122,826		$	262,819
	Restricted cash from collections on auto loans held for investment		595,103			592,033			584,277
	Accounts receivable, net		263,919			204,453			200,305
	Auto loans held for sale		618,979			100,491			637,947
	Inventory		4,062,765			4,137,005			3,624,353
	Other current assets		161,340			153,594			142,890
	TOTAL CURRENT ASSETS		5,834,329			5,310,402			5,452,591
	Auto loans held for investment, net		15,689,952			15,952,291			16,802,744
	Property and equipment, net		4,079,993			4,070,293			3,909,977
	Deferred income taxes		72,917			78,479			141,183
	Operating lease assets		451,441			459,514			482,613
	Goodwill		—			—			141,258
	Other assets		498,266			496,924			456,039
	TOTAL ASSETS	$	26,626,898		$	26,367,903		$	27,386,405

LIABILITIES AND SHAREHOLDERS’ EQUITY
	CURRENT LIABILITIES:
	Accounts payable	$	1,056,719		$	1,117,976		$	980,499
	Accrued expenses and other current liabilities		417,841			475,495			409,003
	Accrued income taxes		54,191			2,019			79,412
	Current portion of operating lease liabilities		56,988			57,341			58,332
	Current portion of long-term debt		17,234			217,323			217,319
	Current portion of non-recourse notes payable		554,081			544,651			532,787
	TOTAL CURRENT LIABILITIES		2,157,054			2,414,805			2,277,352
	Long-term debt, excluding current portion		2,061,271			2,006,217			1,366,176
	Non-recourse notes payable, excluding current portion		15,499,705			15,254,330			16,639,622
	Operating lease liabilities, excluding current portion		453,352			464,696			470,912
	Other liabilities		336,931			338,999			345,434
	TOTAL LIABILITIES		20,508,313			20,479,047			21,099,496

	Commitments and contingent liabilities
	SHAREHOLDERS’ EQUITY:
	Common stock, $0.50 par value; 350,000,000 shares authorized; 141,909,099 and 141,799,070 shares issued and outstanding as of May 31, 2026 and February 28, 2026, respectively		70,955			70,900			75,291
	Capital in excess of par value		1,834,058			1,810,223			1,899,003
	Accumulated other comprehensive loss		(13,914	)		(34,126	)		(8,246	)
	Retained earnings		4,227,486			4,041,859			4,320,861
	TOTAL SHAREHOLDERS’ EQUITY		6,118,585			5,888,856			6,286,909
	TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	26,626,898		$	26,367,903		$	27,386,405

CARMAX, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

	Three Months Ended May 31
(In thousands)		2026			2025
OPERATING ACTIVITIES:
Net earnings	$	185,627		$	210,381
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization		92,895			79,784
Share-based compensation expense		41,946			46,981
Provision for loan losses		95,584			101,707
Provision for cancellation reserves		26,166			24,803
Deferred income tax (benefit) provision		(991	)		2,782
Other		(3,252	)		1,310
Net (increase) decrease in:
Accounts receivable, net		(59,466	)		(11,572	)
Auto loans held for sale		(518,488	)		(637,947	)
Inventory		74,240			310,269
Other current assets		6,487			2,692
Auto loans held for investment, net		166,755			338,338
Other assets		(8,146	)		(5,712	)
Net decrease in:
Accounts payable, accrued expenses and other current liabilities and accrued income taxes		(58,274	)		(141,867	)
Other liabilities		(23,494	)		(22,406	)
NET CASH PROVIDED BY OPERATING ACTIVITIES		17,589			299,543
INVESTING ACTIVITIES:
Capital expenditures		(103,335	)		(136,736	)
Proceeds from disposal of property and equipment		63			48
Purchases of investments		(1,668	)		(4,926	)
Sales and returns of investments		845			425
Principal payments received on beneficial interests		4,469			—
NET CASH USED IN INVESTING ACTIVITIES		(99,626	)		(141,189	)
FINANCING ACTIVITIES:
Proceeds from issuances of long-term debt		1,517,800			87,000
Payments on long-term debt		(1,669,622	)		(90,930	)
Cash paid for debt issuance costs		(6,048	)		(8,895	)
Payments on finance lease obligations		(4,084	)		(3,443	)
Issuances of non-recourse notes payable		3,261,564			3,988,864
Payments on non-recourse notes payable		(3,006,781	)		(3,906,323	)
Repurchase and retirement of common stock		(2,308	)		(204,027	)
Equity issuances		—			8,329
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES		90,521			(129,425	)
Increase in cash, cash equivalents, and restricted cash		8,484			28,929
Cash, cash equivalents, and restricted cash at beginning of year		862,850			960,310
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD	$	871,334		$	989,239

View source version on businesswire.com: https://www.businesswire.com/news/home/20260617549757/en/

Investors:

David Lowenstein, Vice President, Investor Relations

[email protected], (804) 747-0422 x7865

Media:

[email protected], (855) 887-2915

KEYWORDS: Virginia United States North America

INDUSTRY KEYWORDS: Retail Automotive Other Automotive Automotive Manufacturing Manufacturing Specialty Fleet Management

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June 17, 2026 5:36 am

Z, ZG Breaking News: Zillow Sued for Securities Fraud after FTC Lawsuit Leads to 17% Stock Drop

PR Newswire

A securities fraud class action lawsuit has been filed on behalf of Zillow investors after its stock plummeted over 16% because of Zillow’s alleged anticompetitive agreement with Redfin, potentially violating federal securities laws.

NEW YORK, June 17, 2026 /PRNewswire/ — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Zillow Group, Inc. (NASDAQ:Z, ZG) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.

If you invested in Zillow, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.

Key Details of the Zillow ($Z, $ZG) Class Action:

Lead Plaintiff Deadline: August 10, 2026
Alleged Misconduct: Securities fraud relating to Zillow’s allegedly anticompetitive agreement with Redfin Corporation
Largest Alleged Stock Drop: February 11, 2026 – 16.54% Stock Drop on Class C shares; 17.13% Stock Drop on Class A shares.
Court: U.S. District Court for the Western District of Washington
Action: Contact BFA Law to discuss your rights

Investors have until August 10, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Zillow Class C and Class A common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Breidert v. Zillow Group, Inc., et al., No. 26-cv-02016.

Why is Zillow Being Sued for Securities Fraud?

On February 6, 2025, Zillow entered into an agreement with Redfin through which Zillow became the exclusive provider of multifamily rental listings on Redfin’s platform and affiliate websites, including Rent.com. According to the complaint, during the relevant period, Zillow characterized the agreement with Redfin as a “partnership” that would provide Zillow exclusive access to Redfin’s advertising platform.

As alleged, in truth, under the terms of the agreement, Zillow paid Redfin $100 million to stop competing with Zillow, facilitate the transition of its multifamily rental advertising business to Zillow, and close the remainder of its business.

Why did Zillow’s Stock Drop?

On September 30, 2025, the FTC filed a complaint against Zillow and Redfin alleging violations of the federal antitrust laws. According to the FTC complaint, “Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market.” In sum, the FTC alleged, “[t]his agreement is nothing more than an end run around competition on the merits with Redfin for customers…” This news caused the price of Zillow’s Class C and A common stock to decline 4.33% and 4.5%, respectively.

On February 10, 2026, Zillow’s CFO told investors that Zillow experienced increased legal expenses which “will result in approximately 200 basis points headwind to EBITDA margins in Q1.” On this news, the price of Zillow’s Class C and A common stock declined 16.54%, and 17.13%, respectively.

Finally, on May 7, 2026, Reuters reported that a “federal judge rejected [Zillow and Redfin’s] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings.” This news caused the price of Zillow’s Class C and A common stock to decline 1.9% and 1.76%, respectively.

Click here for more information:

https://www.bfalaw.com/cases/zillow-class-action-lawsuit

.

What Can You Do?

If you invested in Zillow, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/zillow-class-action-lawsuit

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/zillow-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

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SOURCE Bleichmar Fonti & Auld LLP

June 17, 2026 5:07 am

SIX FLAGS PARKS IN 12 STATES FROM COAST-TO-COAST CELEBRATE AMERICA’S 250th ANNIVERSARY WITH SPECTACULAR FIREWORKS, FESTIVE EATS, HISTORIC THRILLS AND PATRIOTIC SUMMER FUN

PR Newswire

Entertainment, limited-time deals and exclusive pass perks bring added excitement to festivities that honor our nation

Click here for Photos of Six Flags’ 250^th Celebration and Historic Rides and Attractions

CHARLOTTE, N.C., June 17, 2026 /PRNewswire/ — Six Flags Entertainment Corporation (NYSE: FUN), North America’s largest regional amusement park operator, today announced a summertime celebration honoring 250 years of American history, culture and community with stunning fireworks, immersive décor, limited-time food and beverages, guest participation experiences, a vast collection of historic thrill rides, and exclusive perks in 17 U.S. amusement parks. Stretching from the Atlantic seaboard to the golden edge of the West Coast, Six Flags celebrations will come to life across 12 states – within reach of millions of Americans. (Participating parks listed at the end of this release.)

Six Flags celebrates America’s 250th anniversary with spectacular fireworks, festive eats, live entertainment, passholder perks, historic thrills and more.

“Six Flags is where America celebrates, and there’s no better place to experience the spirit of our nation’s 250th anniversary than in our parks,” said John Reilly, president and CEO of Six Flags. “For generations, our parks have been woven into the fabric of local communities—places where families and friends come together to celebrate milestones and make memories. From thrilling coasters and spectacular fireworks to interactive entertainment, patriotic flavors and meaningful tributes, we’ve created a celebration that brings people together in fun and memorable ways. With special offers and added value for our pass holders, we’re giving families even more reasons to visit, celebrate and make lasting summer memories.”

Each amusement park will host a unique celebration with events ranging from military bands and service member tributes to eating contests and Americana lawn games.

Immersive Décor and Photo Opportunities

Upon arrival, guests will be greeted by bold patriotic banners, flags, garlands and buntings that set the stage for America’s historic anniversary bash. Each park will feature a signature entrance photo opportunity anchored by a larger-than-life celebratory logo installation. Additional shareable experiences include step and repeats, oversized lawn chairs and themed backdrops inside the parks.

Signature Fireworks

Over the July 4th holiday, 17 Six Flags parks will illuminate the night sky with dramatic fireworks displays set to stirring patriotic music. Dates and showtimes will vary by park between July 3 and 5. “Fireworks are a can’t-miss summer tradition and the signature event of our 250^th commemoration,” said Kelly Daugherty, Six Flags entertainment director. “We’ll combine thrilling visuals, music and the energy of the park to create a truly unforgettable, can’t-miss experience for guests of all ages.”

Interactive Entertainment

Each Six Flags park will bring its own unique entertainment flair to the festivities. Guests may encounter roller coaster car dedications, flag raising ceremonies, stilt walkers and beloved characters dressed for the occasion, a lively mix of music, singers and dancers, time capsule coloring pages, or a stuff-your-face eating content. With pop-up performances and local touches, every park will offer its own take on the celebration, making each visit feel festive and one-of-a-kind.

Throughout the event, guests will also find audience participation experiences including:

Floundering Fathers Dad Joke Competition, a fast-paced showdown of eye rolls, groans and classic dad humor.
Americana Trivia Game, an experience testing knowledge of American history, culture, music and iconic moments.
George Washington’s Two Truths and a Lie, an interactive game filled with playful banter and patriotic surprises.

Limited-Time Food and Beverage Offerings

Guests can indulge in a lineup of specially crafted treats inspired by classic Americana flavors. While offerings may vary by park, they include:

Patriotic Vanilla Layer Cake: Colorful red, white and blue vanilla layer cake topped with red, white and blue sprinkles.
All-American Funnel Cake: Crispy funnel cake topped with creamy vanilla ice cream and red, white and blue sprinkles.
Red, White and Blue Parfait: Layers of bouncy red and blue gel topped with whipped cream and patriotic sprinkles.
Liberty Bell Apple Pie Smash: Vanilla shake layered with red and blue syrup served in a cinnamon graham crumb-rimmed mason jar, topped with whipped cream and finished with a fried apple hand pie skewer, a cinnamon streusel-coated apple slice skewer and an American flag.
Americana Colada Frozen Cocktail: A refreshing pina colada layered with blue rum and strawberry puree in a collectible stars-and-stripes 20 oz. pilsner glass.

Signature beverages available in all parks will include commemorative cocktails and mocktails:

The All-American: Sprite, strawberry popping boba and blue curacao syrup served in a souvenir Americana cup with a strawberry garnish.
The Tavern Cherry: Coca-Cola Classic, cherry and cold foam served in a souvenir Americana cup with a cherry garnish.

Coca-Cola Partnership Activation

Through Six Flags’ partnership with Coca-Cola, guests can purchase a convenient, all-in-one experience that pairs park admission with all-day beverage access and a complimentary bottle of Dasani—enhancing refreshment and value throughout their visit. Guests will also find themed photo opportunities and custom Coca-Cola beverage creations. (Not available at Six Flags Darien Lake.)

Exclusive Merchandise and Collectibles

Guests can commemorate their visit with patriotic merchandise featuring custom apparel, red, white and blue light-up novelties and collectible souvenir drinkware. The parks will also offer sweet treats like Americana-themed creamy fudge and gourmet apples.

Pass Holder Perks and Special Offers

The parks’ 2026 semiquincentennial celebrations offer season pass holders and members even more reasons to visit, and those visits will be rewarded with additional event credits and rewards. The parks’ most loyal guests can take advantage of specially themed offerings including discounts on food, beverages and other exclusive savings throughout the park. Special bring-a-friend offers will sweeten the celebration.

Celebrating a Legacy of Thrills

In addition to honoring American history, Six Flags brings the nation’s heritage to life with the timeless thrill of amusement rides including iconic roller coasters, handcrafted carousels and historic trains.

Six Flags proudly celebrates a uniquely American legacy—one built on more than a century of innovation, imagination, and thrill. Today, Six Flags is the go‑to destination for roller coaster excitement, home to an unmatched collection of attractions that spans from early wooden classics to groundbreaking modern rail blazers. Together, these coasters tell the story of how the American amusement industry helped shape entertainment around the world.

Among the most historic is Thunderhawk at Dorney Park & Wildwater Kingdom in Pennsylvania. First opened in 1924 as simply “Coaster,” this classic wooden ride has thrilled guests for over 100 years and remains one of the oldest operating roller coasters in the world. Designated an ACE (American Coaster Enthusiast) roller coaster landmark, Thunderhawk stands as a living piece of American history, preserved for new generations to experience.
That legacy continues with iconic wooden coasters like Blue Streak at Cedar Point in Ohio (1964), which helped launch the modern coaster era, and Racer at Kings Island in Ohio (1972), which sparked the 1970s coaster revival, and The Great American Scream Machine at Six Flags Over Georgia (1973), an ACE national landmark. At the same time, early steel innovations like the Runaway Mine Train at Six Flags Over Texas (1966) and Dahlonega Mine Train at Six Flags Over Georgia (1967) introduced themed, accessible thrills that defined the modern park experience—many of which are still running today.
The collection also includes engineering milestones like The Great American Revolution at Six Flags Magic Mountain in California. Opening in 1976, it became the world’s first successful modern looping coaster, introducing the clothoid loop design (shaped like a teardrop) that made inversions smooth and safe and remains the standard across the industry today. 50 years later, it continues to symbolize American ingenuity and the spirit of innovation.

These historic rides form a living timeline of the American roller coaster—from handcrafted wooden originals to revolutionary steel designs—reinforcing Six Flags’ role as the nation’s premier destination for thrills.

Honoring Handcrafted Artistry

Beyond record‑breaking thrill rides, some of the most cherished and historic carousels still operate today at Six Flags parks. These handcrafted attractions—many dating back more than a century—represent the artistry, craftsmanship and timeless appeal of early American amusement parks. Together, they form a living link between generations, preserving the simple joy and wonder that first defined the industry.

At the heart of this legacy is the Carousel at Six Flags Great Adventure in New Jersey, one of the oldest rides in the entire Six Flags system. Originally built in 1881 in England by Frederick Savage, this elegant “Gallopers” carousel toured European fairgrounds for decades before being brought to the United States and installed when the park opened in 1974. Today, more than 140 years later, it continues to delight guests as a genuine 19th‑century antique. Unlike most American carousels, it rotates clockwise—a distinctive British tradition. As both the oldest ride at the park and one of the oldest operating carousels in the country, it stands as a centerpiece of Six Flags’ commitment to preserving history while delivering memorable experiences.
Meanwhile, at Knott’s Berry Farm in California, guests can ride a beautifully preserved Dentzel Carousel Company carousel dating back to 1896, one of the few remaining examples of its kind.

Across the Six Flags family, this heritage is echoed in a remarkable collection of early 20th‑century carousels:

At Six Flags Over Georgia, the Riverview Carousel—built in 1908 by the Philadelphia Toboggan Company—remains a rare and beautifully preserved example of classic American craftsmanship and is listed on the National Register of Historic Places.
At Six Flags Magic Mountain, The Grand American Carousel has been thrilling riders since 1912. This grand lady was purchased by Magic Mountain and brought to California where she was painstakingly reassembled and restored to her original glory when the park opened in 1971.
At Dorney Park & Wildwater Kingdom, the Antique Carousel, built in 1921 by the renowned Dentzel Carousel Company, continues to spin for guests more than a century after it first debuted. These attractions highlight a golden age of design when carousels were hand‑carved and richly decorated works of art.
At Cedar Point, multiple antique carousels are still in operation, including the rare Cedar Downs Racing Derby (built in the early 1920s), one of only two surviving racing‑style carousels in the United States.

Together, these attractions showcase the breadth of Six Flags’ historical collection—from the ornate craftsmanship of the 1800s to the enduring designs of the early 1900s. Collectively, these carousels represent more than just nostalgic rides—they are living artifacts of American culture and engineering, bridging the past and present in a way few experiences can.

Preserving A Piece of America’s Railroad Heritage

Trains have long been a cornerstone of the American amusement park experience, offering generations of guests a shared, family-friendly journey that reflects the nation’s rich railroad heritage. From classic miniature railways to full-scale steam locomotives, these attractions provide both transportation and storytelling, connecting park landscapes while celebrating the innovation, expansion, and enduring spirit that helped shape America.

Across the Six Flags family, iconic train rides continue to carry on this tradition, linking generations through timeless rides, including:

The locally built miniature diesel‑electric train the Zephyr at Dorney Park opened in 1935–1936 and became a Depression‑era hit that helped save the park and remains one of America’s oldest continuously operating amusement‑park rides.
Ghost Town & Calico Railway at Knott’s Berry Farm, built in 1951, and Cedar Point & Lake Erie Railroad at Cedar Point, built in 1963, continue to deliver cherished family thrills.

Independence Hall Replica in Southern California

Located across the street from Knott’s Berry Farm, Knott’s Independence Hall is an exact, brick-by-brick replica of the original in Philadelphia. Walter Knott’s personal labor of love, it is the nation’s only exact replica of the Philadelphia landmark. Open daily 10 a.m.- 4p.m., except Christmas Day, the free exhibit allows visitors to explore a replica of the Liberty Bell, view presidential artifacts and hear the forefathers discuss the Declaration of Independence. This immersive, historically faithful tribute to the birthplace of American democracy makes it a natural touchpoint in celebrating America’s 250th anniversary.

With fireworks, festive flavors, immersive environments, interactive experiences and historic rides and attractions, Six Flags invites guests of all ages to celebrate 250 years of American fun all summer long. Offerings may vary. For more information and park-specific details, visit sixflags.com and each park’s events page.

SIX FLAGS ENTERTAINMENT CORPORATION

Six Flags Entertainment Corporation (NYSE: FUN) is North America’s largest regional amusement-resort operator with 20 amusement parks, 14 water parks and nine resort properties across 13 states in the U.S., Canada and Mexico. The Company also manages an amusement park in Saudi Arabia. Focused on its purpose of creating FUN, thrills and a lifetime of memories, Six Flags provides immersive entertainment to millions of guests every year with world-class coasters, themed rides, thrilling water parks, resorts and a portfolio of beloved intellectual property such as Looney Tunes^®, DC Comics^® and PEANUTS^®.

Parks participating in the commemoration include:
1. California’s Great America
2. Carowinds
3. Cedar Point
4. Dorney Park
5. Frontier City
6. Kings Dominion
7. Kings Island
8. Knotts Berry Farm
9. Six Flags Darien Lake
10. Six Flags Discovery Kingdom
11. Six Flags Fiesta Texas
12. Six Flags Great Adventure
13. Six Flags Great America
14. Six Flags Magic Mountain
15. Six Flags New England
16. Six Flags Over Georgia
17. Six Flags Over Texas

Six Flags Entertainment Corporation logo

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SOURCE Six Flags Entertainment Corporation

June 17, 2026 5:04 am

Yiren Digital to Report First Quarter 2026 Financial Results on June 25, 2026

PR Newswire

BEIJING, June 17, 2026 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), a leading fintech company specializing in digital consumer lending, insurance and financial technology innovation across China and global markets, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2026 before U.S. market opens on Thursday, June 25, 2026.

Yiren Digital’s management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on June 25, 2026 (or 8:00 p.m. Beijing/Hong Kong Time on June 25, 2026).

Participants who wish to join the call should register online in advance of the conference at: https://dpregister.com/sreg/10209861/10439ec2351.

Once registration is completed, participants will receive the dial-in details for the conference call.

Additionally, a live and archived webcast of the conference call will be available at https://ir.yiren.com.

About Yiren Digital

Yiren Digital Ltd. is a leading fintech company specializing in digital consumer lending, insurance, and financial technology innovation across China and global markets. The Company leverages advanced artificial intelligence and emerging technologies to enhance customer experience, optimize capital efficiency, and expand financial inclusion. Following the regulatory filing of its in-house developed Large Language Model Zhiyu, and the significant enhancement of its MagiCube Agent platform, Yiren Digital is establishing a new growth engine to accelerate its evolution into an AI-native, multi-industry operating platform extending beyond traditional financial services. For more information, please visit https://ir.yiren.com.

View original content:https://www.prnewswire.com/news-releases/yiren-digital-to-report-first-quarter-2026-financial-results-on-june-25-2026-302802883.html

SOURCE Yiren Digital

June 17, 2026 4:45 am

Forrester Opens Nominations For Its 2026 B2B Awards In EMEA

Forrester Opens Nominations For Its 2026 B2B Awards In EMEA

Awards recognise organisations for delivering measurable impact through cross-functional alignment

LONDON–(BUSINESS WIRE)–Forrester (Nasdaq: FORR) today opened nominations for its 2026 B2B Return On Integration Honours and B2B Programmes Of The Year Awards for Europe, the Middle East, and Africa (EMEA). The awards recognize organisations that are driving measurable business impact through customer-obsessed growth strategies. Winners will be honoured at Forrester’s B2B Forum EMEA, taking place in London, 28–29 September 2026.

The B2B Return On Integration (ROI) Honours celebrate organisations that have successfully aligned marketing, revenue, product, and customer functions to deliver measurable outcomes and drive enterprisewide performance.

The B2B Programmes Of The Year (POY) Awards recognise standout functional initiatives across areas including marketing, revenue, customer engagement, and product that demonstrate innovation and measurable results.

“Today’s B2B leaders are under pressure to deliver growth in increasingly complex and evolving environments,” said Paul Ferron, VP and research director at Forrester. “This year’s awards will spotlight organisations that are breaking down silos, aligning around the customer, and proving the value of integration with tangible business impact.”

Awards Criteria And Eligibility

Open to B2B organisations across industries in EMEA, the awards will evaluate how effectively companies:

Align cross-functional teams around shared customer and business outcomes.
Execute innovative strategies or programmes within specific functions.
Demonstrate measurable results using clear, outcome-based metrics.

Submissions will be judged on the depth of transformation, clarity of execution, and the ability to demonstrate quantifiable business impact.

How To Enter

Companies based in EMEA can visit here to review complete award nomination criteria and submit an entry via the online nomination form by 6 July 2026.

Resources:

Learn more about Forrester’s B2B ROI Honours and B2B POY Awards criteria and past winners.
Read more about how to apply for Forrester’s B2B Forum EMEA awards.
Learn more about Forrester Decisions for B2B Marketing Executives, Revenue Operations, and Portfolio Marketing & Product.

About Forrester

Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We empower leaders in technology, customer experience, digital, marketing, revenue, and product functions to make confident decisions in an AI-driven world and accelerate growth through customer obsession. Our unique research and continuous guidance model helps executives and their teams achieve their initiatives and outcomes faster and with confidence. To learn more, visit Forrester.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260616807813/en/

Press contact:

Hannah Segvich

[email protected]

KEYWORDS: Africa Europe United Kingdom Middle East

INDUSTRY KEYWORDS: Technology Consulting Marketing Advertising Communications Professional Services Software Other Professional Services Artificial Intelligence

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June 17, 2026 3:53 am

Accenture to Strengthen Capabilities for Software and Automation Solutions from Siemens Digital Industries with Acquisition of Industries eXcellence Group

Accenture to Strengthen Capabilities for Software and Automation Solutions from Siemens Digital Industries with Acquisition of Industries eXcellence Group

Acquisition will support the continued growth of the Accenture Siemens Business Group

ROME & CHICAGO–(BUSINESS WIRE)–
Accenture (NYSE: ACN) has agreed to acquire Industries eXcellence Group (“IndX”), a division of Engineering Group and long-standing partner of Siemens Digital Industries. The acquisition will strengthen Accenture’s ability to help manufacturers modernize product development, production and supply chain operations through software, data, and AI-enabled technologies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260616465838/en/

Accenture has agreed to acquire Industries eXcellence Group (“IndX”), a division of Engineering Group and long-standing partner of Siemens Digital Industries.

“Manufacturers are increasingly investing in software, data and AI to make engineering and factory operations more flexible, intelligent and connected,” said Tracey Countryman, global supply chain and engineering lead at Accenture. “But many companies struggle to integrate these technologies across their products, factories, plants and supply chains. We will combine IndX’s proven expertise in Siemens technologies with Accenture’s AI capabilities and industry knowledge to solve this challenge for clients faster.”

Headquartered in Rome and Chicago, IndX brings proven expertise in software for discrete and process manufacturers from Siemens. It specializes in implementing digital thread solutions that help clients connect engineering, manufacturing and automation across IT and operational technology, from product lifecycle management, simulation and digital twins to Supervisory Control and Data Acquisition (SCADA), industrial edge computing and cloud computing.

IndX’s clients are leading companies in industries including aerospace & defense, automotive, consumer goods, energy, high tech, industrial equipment, life sciences and utilities. It has a team of more than 650 professionals based in Italy, US, India, Germany, other European countries and Mexico.

Once the acquisition has been completed, IndX’s team and capabilities are expected to support the continued growth of the Accenture Siemens Business Group, a dedicated global business practice formed last year, which combines leading industrial technology with AI-enabled engineering and manufacturing capabilities.

“Accenture’s acquisition of IndX is a milestone for the Accenture Siemens Business Group,” said Tony Hemmelgarn, President and CEO of Siemens Digital Industries Software. “It brings proven skills in our industrial solutions for digital manufacturing, engineering, automation, digital twin and simulation, plus long-standing relationships with clients that apply them.”

“Together with Siemens, we develop industrial AI-enabled solutions that shorten engineering time to market, increase manufacturing efficiencies and strengthen the digital core for our clients,” added Vivek Kaushik, global lead of Accenture Siemens Business Group at Accenture. “IndX will strengthen the Accenture Siemens Business Group and help deliver on Accenture and Siemens’ shared ambition to scale these AI solutions.”

Following the completion of the acquisition, Accenture plans to establish two new Centers of Excellence for Siemens DI solutions in Italy and India. The centers will bring together professionals with expertise in industrial software and advanced digital technologies to help clients improve how they design products, run factories, and manage supply chains by combining industrial software, AI and digital engineering capabilities.

“Italy has a unique combination of manufacturing excellence, engineering capabilities and innovation talent,” said Teodoro Lio, Market Unit Lead of Accenture Italy. “By expanding our Siemens industrial software capabilities and creating a new Center of Excellence in Italy, we are strengthening an ecosystem that can help Italian industry become even more competitive at the global level, accelerate digital transformation, and create highly specialized skills and jobs for the country.”

Accenture will integrate IndX’s assets and services for other technologies into its respective business units.

Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below may be amplified by conflict in the Middle East, as well as any escalation or expansion of economic disruption or the conflict’s current scope. These risks include, without limitation, risks that: Accenture and Engineering Group will not be able to close the transaction in the time period anticipated, or at all, which is dependent on the parties’ ability to satisfy certain closing conditions; the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s solutions and services including through the adaptation and expansion of its solutions and services in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; risks and uncertainties related to the development and use of AI, including advanced AI, could harm the company’s business, damage its reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; if Accenture does not successfully manage and develop its relationships with its ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; Accenture’s profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture’s debt obligations could adversely affect its business and financial condition; as a result of Accenture’s geographically diverse operations and strategy to continue to grow in key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s solutions or services infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

About Accenture

Accenture helps the world’s leading enterprises reinvent by building their digital core and unleashing the power of AI to create value at speed for organizations across industries. Our strategy is to be the reinvention partner of choice for our clients and lead in the safe, widespread adoption of AI, and to be the most client-focused, AI-enabled, great place to work in the world. We bring together the talent of our approximately 786,000 people with proprietary assets and platforms, deep process and industry expertise, and leading ecosystem relationships to deliver end-to-end solutions and measurable outcomes at scale. Through our Reinvention Services, we offer broad expertise across Cybersecurity, Digital Core, Finance, Industry and Enterprise, Song, Supply Chain and Engineering, and Talent, with advanced capabilities in AI and Data, Industry and Process, and Technology. We serve approximately 9,000 clients and generated approximately $70 billion in FY25 revenue. Visit us at accenture.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260616465838/en/

Jens Derksen

Accenture

+49175 5761393

[email protected]

Armando Barone

Accenture

+393485608969

[email protected]

KEYWORDS: Illinois Europe United States Italy North America

INDUSTRY KEYWORDS: Technology Consulting Engineering Professional Services Manufacturing Software Networks Data Management Artificial Intelligence

MEDIA:

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Accenture has agreed to acquire Industries eXcellence Group (“IndX”), a division of Engineering Group and long-standing partner of Siemens Digital Industries.

June 17, 2026 3:51 am

Accenture to Acquire Alfahealth, Expanding Digital Health Capabilities to Accelerate Healthcare Transformation in Italy

Accenture to Acquire Alfahealth, Expanding Digital Health Capabilities to Accelerate Healthcare Transformation in Italy

MILAN–(BUSINESS WIRE)–
Accenture (NYSE: ACN) has agreed to acquire Alfahealth, a subsidiary of Engineering Group. The acquisition will further strengthen Accenture’s healthcare capabilities in Italy by adding a service-led digital health platform for the Italian market that enables organizations to modernize clinical processes, connect data across the care continuum, and improve patient access, experience and outcomes.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615454213/en/

Accenture has agreed to acquire Alfahealth, a subsidiary of Engineering Group.

Alfahealth brings more than two decades of experience developing and operating technology capabilities, delivered as part of its services-plus-product model to support patient journeys, including clinical workflows and diagnostics, as well as administrative and operational processes. Its technology enables providers to connect data and support new, more integrated models of care at the scale and regulatory rigor demanded by the Italian market.

The acquisition reflects Accenture’s continued strategy to combine services, software, data and AI-powered platforms, using an integrated services and product commercial model, so clients achieve sustainable end-to-end transformation. Alfahealth’s positioning in the industry will be further enhanced with Accenture’s capabilities in data, AI, cybersecurity and cloud.

“Italy is at a pivotal moment in the transformation of its healthcare system, with growing investments in digital health, interoperability and new models of care,” said Teodoro Lio, Market Unit Lead for Accenture in Italy. “Alfahealth brings deep healthcare expertise, trusted relationships with healthcare organizations across Italy and capabilities for digitizing and orchestrating the clinical and administrative processes of our healthcare ecosystem. Together, we will help healthcare providers and institutions accelerate innovation, improve care delivery and enable more connected, data-driven and personalized experiences for all Italians, powered by data and artificial intelligence.”

Alfahealth brings approximately 1,200 specialized professionals to Accenture Italy’s Health practice, and a strong position in the Italian healthcare sector, supporting relevant national programs in a regulated environment.

Terms of the transaction were not disclosed. Completion of the acquisition is subject to customary closing conditions.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below may be amplified by conflict in the Middle East, as well as any escalation or expansion of economic disruption or the conflict’s current scope. These risks include, without limitation, risks that: Accenture and Engineering Group will not be able to close the transaction in the time period anticipated, or at all, which is dependent on the parties’ ability to satisfy certain closing conditions; the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and geopolitical conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining client demand for the company’s solutions and services including through the adaptation and expansion of its solutions and services in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; risks and uncertainties related to the development and use of AI, including advanced AI, could harm the company’s business, damage its reputation or give rise to legal or regulatory action; if Accenture is unable to match people and their skills with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; if Accenture does not successfully manage and develop its relationships with its ecosystem partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; Accenture’s profitability could materially suffer due to pricing pressure, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fails to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; Accenture’s debt obligations could adversely affect its business and financial condition; as a result of Accenture’s geographically diverse operations and strategy to continue to grow in key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s solutions or services infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

About Accenture

View source version on businesswire.com: https://www.businesswire.com/news/home/20260615454213/en/

Maggie Nolan

Accenture

+1 917 432 3964

[email protected]

Armando Barone

Accenture

+39 348 5608969

[email protected]

KEYWORDS: Europe United States Italy North America New York

INDUSTRY KEYWORDS: Technology Hospitals Health Insurance Software Practice Management Networks Internet Health Data Management

MEDIA:

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Accenture has agreed to acquire Alfahealth, a subsidiary of Engineering Group.

June 17, 2026 3:03 am

Clarivate Releases Journal Citation Reports 2026

PR Newswire

Advancing transparency and responsible journal evaluation

LONDON, June 17, 2026 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, today announced the release of the Journal Citation Reports 2026. Now in its sixth decade, Journal Citation Reports (JCR) continues to provide a publisher-neutral framework for assessing journal influence across the global research ecosystem.

The 2026 edition builds on a series of recent enhancements designed to improve consistency, transparency and inclusivity in journal-level metrics. It includes metrics for 22,643 journals across 254 categories, reflecting the breadth and diversity of scholarly publishing worldwide.

Bar Veinstein, President, Academia & Government at Clarivate, said: “As scholarly publishing continues to evolve, we remain focused on helping publishers, librarians and researchers make informed decisions with confidence. The Journal Citation Reports 2026 reflects our ongoing commitment to supporting the research community with trusted, transparent and context-rich journal intelligence.

“Our publisher-neutral approach, ongoing refinements and focus on research integrity means that JCR continues to serve as a gold-standard benchmark for the global scholarly community, over fifty years after its first publication.”

New data highlights growing diversification of research

The 2026 release, reflecting 2025 data, highlights several notable trends shaping scholarly publishing:

Expansion of global participation: 521 journals received a Journal Impact Factor for the first time, from 47 countries/regions. Of these journals, 58% are based outside the United States and Western Europe
Shifts in author geography: Mainland China and the United States remain the most represented countries/regions, accounting for 48% of author affiliations
Global South representation continues to grow. The countries/regions with the largest increases in author representation from 2023 to 2025 are Mainland China (23%) and India (12%)
Global South author affiliations increased 6% from 2024 and 10% from 2023.

These trends underscore the increasing globalization and diversification of research output.

Supporting responsible use of journal metrics

To support more balanced and contextual interpretation, the JCR provides a range of complementary indicators beyond the Journal Impact Factor, including field-normalized metrics such as the Journal Citation Indicator (JCI), descriptive data and category-level benchmarks. The journal-level indicators contained within the JCR are designed to support journal evaluation, not to assess the performance of individual researchers or articles.

This multidimensional approach enables publishers, librarians and researchers to interpret journal performance within the appropriate disciplinary and methodological context, supporting more informed decision-making.

A consistent and trusted foundation for the global research community

Consistency remains a defining strength of Journal Citation Reports. Stable methodology and dependable year-on-year data enable stakeholders to:

Evaluate journal performance
Support collection and funding decisions
Interpret trends across disciplines over time.

Learn more
 about
 the Journal Citation Reports
 2026
release. 

Notes to editors:

About Clarivate
Clarivate is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com

Media contact:

Amy Bourke-Waite, Senior Director External Communications
[email protected]

View original content to download multimedia:https://www.prnewswire.com/news-releases/clarivate-releases-journal-citation-reports-2026-302802576.html

SOURCE Clarivate Plc

June 17, 2026 3:03 am

Magnite and Viasat Aviation Partner to Bring Programmatic Advertising to In-Flight Screens

Integration with Viasat Ads unlocks premium in-flight advertising inventory through automated, data-driven buying

LONDON, June 17, 2026 (GLOBE NEWSWIRE) — Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a partnership with Viasat Aviation, the in-flight connectivity leader behind Viasat Ads. This collaboration brings programmatic advertising to in-flight Wi-Fi and entertainment, giving brands and ad buyers scaled access to highly engaged audiences in the sky. Built on Viasat Ads, this collaboration unlocks one of the last major offline environments as premium, addressable inventory.

Viasat powers in-flight connectivity and digital entertainment services across passenger devices and onboard platforms. Its technology is used by over 60 airlines on over 4,000 aircraft worldwide. Viasat Ads delivers premium advertising experiences at scale by offering inventory across multiple airlines, monetising airlines’ in-flight media with dynamic ad targeting by route, destination, and events.

Magnite’s programmatic infrastructure will allow advertisers working with Viasat Ads to seamlessly reach millions of travelers across Viasat’s in-flight ecosystem, including seat-back entertainment screens and personal devices accessed via onboard Wi-Fi with a streamlined user experience, enabling consistent ad formatting, reliable measurement, and premium visibility in a brand-safe and high-attention environment.

“As brands increasingly seek high-quality environments that deliver both scale and attention, in-flight screens and personal devices are emerging as some of the most valuable untapped digital advertising environments,” said Leon Siotis, SVP, Business Development, International, Magnite. “With millions of highly engaged travelers spending extended periods of uninterrupted time in the air, brands now have a unique opportunity to connect with audiences in a premium, immersive setting that few other channels can replicate.”

Ragu Kamakshisundaram, Viasat’s Vice President, Media and Monetization, added: “With this launch of programmatic advertising in the sky, we are bringing in-flight media to the real-time world of ad buying. Instead of long planning cycles to integrate advertisements into airline content management systems, advertisers can now reach the flying traveler instantly. By combining our leading brand-safe in-flight advertising platform with Magnite’s programmatic expertise, we are creating new opportunities for brands and airlines to connect with passengers in the air.”

Press contact

Paige Brewer, Senior Account Executive, Bluestripe Group
[email protected]

About Magnite

We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.

About Viasat Ads

Viasat Ads leverages Viasat’s global in-flight connectivity network to deliver premium advertising experiences at scale. With access to over 250 million passengers annually across leading global airlines, Viasat Ads enables brands to reach travelers en route to 400+ destinations. With immersive ad formats, real-time delivery, and route-based targeting, advertisers can connect with a verified, human audience, when passengers are most engaged.