Overview
The Marketing Alliance fiscal Q2 2026 revenue fell over 6% yr/yr, primarily in construction
Net income for fiscal Q2 2026 was $263,407, down from $401,511 yr/yr
Company repurchased 166,146 shares in fiscal Q2 2026, with more repurchases post-quarter
Outlook
Company expects construction revenue to be deferred into next quarter as delays lessen
Company anticipates future benefits from investments in business development and call center
Result Drivers
CONSTRUCTION DELAYS - Significant delays in a large construction project led to decreased revenue and increased costs
INSURANCE REVENUE FLAT - Insurance distribution revenue remained flat, with increased costs from adverse product mix and business development investments
REVENUE RECOGNITION CHANGE - Company adjusted revenue recognition for reimbursement and marketing revenues to reflect time-duration, impacting short-term results
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Total Revenue | $4.67 mln | ||
Q2 EPS | $0.04 |
Press Release: ID:nGNX4Y4V6G
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)