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Source document· March 11, 2026

Bird Reports 2025 Fourth Quarter Results; $11 Billion Combined Backlog and Pending Backlog

View original at globenewswire.com
Bird Reports 2025 Fourth Quarter Results; $11 Billion Combined Backlog and Pending Backlog MISSISSAUGA, Ontario, March 11, 2026 (GLOBE NEWSWIRE) -- “In 2025, Bird successfully navigated near‑term revenue timing shifts while continuing to progress margins and strengthen the business…
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  • With record liquidity and a strong balance sheet, Bird enters 2026 with flexibility, visibility, and momentum

    60% confidence
  • Bird successfully navigated near-term revenue timing shifts while continuing to progress margins and strengthen the business in 2025

    60% confidence
  • The sole project for the customer with impaired receivables is substantially complete and no further costs are expected to be incurred

    60% confidence
  • Strong demand across key strategic sectors drove record combined backlog with accretive embedded margins, providing historic levels of forward visibility into revenue and earnings growth

    60% confidence
  • Bird's risk-balanced combined backlog reflects higher margins than a year ago, giving confidence in achieving growth and further profitability enhancement in 2026 and 2027

    60% confidence
  • Revenue for Q4 2025 was lower than 2024 driven by ongoing impact of previously disclosed delays in start of certain contracted projects

    60% confidence
  • Bird remains strongly positioned for Canada's long-duration nation-building investment cycle, including large-scale capital investment energy projects such as LNG and nuclear, as well as infrastructure renewal across defence, healthcare, transportation and trade

    60% confidence
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A single-week cluster of large AI/fintech funding rounds (Socure, Stability AI, Emerald AI, Generalist AI, Instinct, Gatik, Regent Craft) shows venture capital still pouring into AI infrastructure, identity, and autonomy plays, while Palantir's Army TITAN contract win coincided with a 6% stock drop — signaling that even flagship AI-defense revenue isn't immune to market reassessment of AI valuations. Efficiency-focused innovations like Multiverse Computing's model compression suggest the sector is also pivoting toward cost/inference economics as capital intensity draws scrutiny.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Morgan Stanley & Co. LLC
The same metric (eps) for the same entity (Morgan Stanley & Co. LLC) reported for the identical fiscal period (Q1 2026) and observation date (2026-03-31) has two conflicting values: 3.43 USD_per_share vs 3.08 USD. This is not a temporal change — both observations claim to measure the same point in time. The ~10% discrepancy (0.35 USD difference) is material for a financial metric.
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