Mini Business NewsAnnouncements from growing businesses

Business · Week of Nov 2, 2026

One-time charges and cost cuts shape Q3 earnings: the week in business

Third-quarter earnings dominated, with several companies citing acquisition costs, impairments or hedging losses and others cutting debt or costs.

· Mini Business News newsroom

Quarterly results made up the week's releases, and in several cases headline GAAP figures diverged from adjusted measures because of one-time items. TELUS posted a net loss tied to an $800 million goodwill impairment at TELUS Health, Vaalco Energy's loss was driven by unrealized hedging losses, and Brink's and Sysco said acquisition costs, for NCR Atleos and Jetro Restaurant Depot respectively, weighed on GAAP operating profit while adjusted results rose.

Balance sheets and costs were the other recurring theme. Natural Resource Partners repaid its credit facility balance, Hecla reported record free cash flow and a new undrawn revolver, and TELUS said proceeds from planned asset sales would go to debt reduction. TELUS announced a roughly $900 million savings program, Sysco said its guidance includes $100 million in AI-enabled cost savings, and SolarEdge said it is reducing costs amid softer demand. CVS Health and Hecla raised or improved guidance, while SolarEdge guided lower for the fourth quarter.

  1. Hecla Mining Co/De/

    Hecla Reports Third Quarter 2026 Results

    Hecla Mining reported third quarter 2026 revenue of $395 million, income from continuing operations of $150 million, or $0.22 per share, and record free cash flow of $151 million. The company raised the low end of its 2026 silver production guidance to 15.3 million ounces but said it will cut Keno Hill mill throughput to about 300 tons per day in the fourth quarter while it pursues permit amendments.

  2. Brinks Co

    BRINKS CO

    Brink's reported third-quarter 2026 revenue of $1,375 million, up 3%, with GAAP EPS down 59% to $0.35 and non-GAAP EPS up 18% to $2.46, after excluding $45.7 million of NCR Atleos-related costs and $26.6 million of incident-related losses. The company says it now expects to close the NCR Atleos acquisition in early January 2027, subject to regulatory approval.

  3. TELUS Corporation

    TELUS Reports Third Quarter 2026 Results, Demonstrates Continued Discipline in Core Telecom; Advances Transformation Strategy

    TELUS reported a third quarter 2026 net loss of $660 million, driven by an $800 million non-cash goodwill impairment related to TELUS Health, and a 5 per cent decline in Adjusted EBITDA to $1.8 billion. The company announced an efficiency program targeting about $900 million in annualized cash savings exiting 2028 and says it is prioritizing the monetization of TELUS Health and TELUS Agriculture & Consumer Goods to reduce debt.

  4. Natural Resource Partners Lp

    Natural Resource Partners L.P.

    Natural Resource Partners reported third quarter 2026 free cash flow of $44.8 million and fully repaid the remaining $13.1 million on its credit facility, with $14.3 million of debt to be repaid in December 2026. The board declared a distribution of $2.34 per common unit, payable November 24, 2026, to unitholders of record on November 17, 2026.

  5. Vaalco Energy Inc /De/

    THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

    VAALCO Energy reported a third quarter 2026 net loss of $39.8 million, including $34.7 million of unrealized hedging losses, while production rose about 21% from Q2 2026 and Adjusted EBITDAX rose 30% to $71.1 million. The company guided Q4 2026 NRI sales of 20,800 to 22,600 BOPD and declared a $0.0625 per share dividend payable December 22, 2026.

  6. Sysco Corp

    SYSCO REPORTS FIRST QUARTER 2027 RESULTS;

    Sysco reported first-quarter fiscal 2027 sales up 2.8% to $21.7 billion and net earnings up 10.5% to $526 million, while operating income fell 10.4% to $717 million, which the company attributed to Jetro Restaurant Depot acquisition costs. Sysco reaffirmed adjusted EPS growth guidance of 9%-11%, said sales growth is expected at the lower end of its 6%-7% range, and said guidance includes $100 million in net cost savings enabled by AI technology.

  7. CVS Health

    CVS HEALTH CORPORATION REPORTS THIRD QUARTER 2026 RESULTS AND RAISES FULL-YEAR 2026 GUIDANCE

    CVS Health reported third quarter 2026 revenues of $108.4 billion, up 5.4%, with GAAP diluted EPS of $1.68 and Adjusted EPS of $2.09, as the Health Care Benefits medical benefit ratio fell to 91.3% from 92.8%. The company raised full-year 2026 guidance to at least $8.20 Adjusted EPS and at least $15.5 billion in cash flow from operations, and recorded an estimated $193 million liability related to Omnicare matters.

  8. Solaredge Technologies, Inc.

    SolarEdge Announces Third Quarter 2026 Financial Results

    SolarEdge reported third-quarter 2026 revenue of $326.1 million, down 4.1% from a year earlier, and a GAAP net loss of $8.4 million, with gross margins including a $36.0 million IEEPA tariff-related benefit. The company guided fourth-quarter revenue of $245 million to $275 million and non-GAAP gross margin of 17% to 21%, and says it is reducing costs while expanding into AI data center power.

This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Mini Business News reporting.