Episode Details

Innovates Q1 2026 earnings show a robust start, with consolidated revenue up 33% to $364.8M and adjusted EBITDA doubling to $19.7M. Infrastructure segment, led by DBM Global, drove growth with a 35% increase in revenue and a healthy backlog of $1.8B. Life sciences saw progress with regulatory wins and increased demand, while Spectrum faced headwinds but is expanding low-power TV licenses and advancing carrier partnerships. Corporate cash stands at $134.6M, with debt at $699M. Momentum in infrastructure and life sciences sets up potential upside as visibility improves.

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