INNOVATE Corp. — News

INNOVATE NYSE: VATE reported second-quarter 2026 revenue of $421.6 million, up 74.2% from $242 million a year earlier, as its Infrastructure segment delivered record revenue, wider margins and backlog growth. The company posted net income attributable to common and participating preferred stockholders of $10.4 million, or $0.71 per fully diluted share, compared with a net loss of $22 million, or $1.67 per fully diluted share, in the prior-year quarter.

marketbeat.com - 2026-08-09 10:05:32

INNOVATE Corp. (VATE) Q2 2026 Earnings Call Prepared Remarks Transcript

seekingalpha.com - 2026-08-07 00:14:20

NEW YORK, Aug. 03, 2026 (GLOBE NEWSWIRE) -- INNOVATE CORP.® (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that it will release its financial results for the second quarter 2026 on Thursday, August 6, 2026, after market close.

globenewswire.com - 2026-08-03 16:05:00

NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- INNOVATE CORP.® (NYSE:VATE) (“INNOVATE” or the “Company”) announced today that DBM Global Inc. (“DBMG”), a family of companies providing fully integrated steel construction services, and an operating subsidiary of INNOVATE, will pay a cash dividend of approximately $12 million, or $3.12 per share, on August 3, 2026 to DBMG's stockholders of record at the close of business on July 20, 2026. As the largest stockholder of DBMG, INNOVATE expects to receive approximately $11 million of the total $12 million dividend payout. INNOVATE's individual stockholders are not eligible to receive the cash dividend.

globenewswire.com - 2026-07-08 16:12:00

NEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that HC2 Broadcasting Holdings Inc. (“Broadcasting”) closed on a refinancing transaction and that Broadcasting and HC2 Broadcasting Holdco, LLC (“HC2 Holdco”), subsidiaries of INNOVATE, have entered into a definitive agreement pursuant to which INNOVATE will sell a controlling interest in Broadcasting to CONX CORP. (“CONX”), subject to the satisfaction of customary closing conditions, including the receipt of required regulatory approvals. After the closing of the transaction, it is expected that CONX will own approximately 75% of Broadcasting and INNOVATE will own approximately 25% of Broadcasting through HC2 Holdco.

globenewswire.com - 2026-06-01 08:30:00

VATE's Q1 revenues jump 33% as AI-driven infrastructure demand boosts DBM Global, offsetting weakness in Spectrum and Life Sciences.

zacks.com - 2026-05-27 10:40:43

INNOVATE NYSE: VATE reported higher first-quarter revenue and a narrower loss as growth in its infrastructure business offset weaker results in its Life Sciences and Spectrum segments, management said on the company's first-quarter 2026 earnings call.

marketbeat.com - 2026-05-15 13:07:35

INNOVATE Corp. (VATE) Q1 2026 Earnings Call Prepared Remarks Transcript

seekingalpha.com - 2026-05-14 18:10:56

- Infrastructure: Strong first quarter results with revenue of  $357.9 million - Life Sciences: MediBeacon receives the CE mark for the Transdermal GFR Monitor and Reusable Sensor - Spectrum: More than 60 new license applications filed to expand national footprint and increase population coverage NEW YORK, May 14, 2026 (GLOBE NEWSWIRE) -- INNOVATE Corp. (“INNOVATE” or the “Company”) (NYSE: VATE) announced today its consolidated results for the first quarter. Financial Summary (in millions, except per share amounts) Three Months Ended March 31,   2026   2025   Increase / (Decrease) Revenue $ 364.8     $ 274.2     33.0 % Net loss attributable to common stockholders and participating preferred stockholders $ (17.2 )   $ (24.8 )   30.6 % Basic and Diluted loss per share attributable to common stockholders $ (1.29 )   $ (1.89 )   31.7 % Total Adjusted EBITDA(1) $ 19.7     $ 7.2     173.6 % (1) Reconciliation of GAAP to Non-GAAP measures follows   Commentary "INNOVATE delivered a strong start to the year, with solid execution and improving visibility across the portfolio,” said Avie Glazer, Chairman of INNOVATE.

globenewswire.com - 2026-05-14 16:05:00