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FLUTTER $FLUT Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $3.87B (Est. $4.01B) 🔴; +2% YoY 🔹 Adj. EPS: -$0.18 (Est. $0.28) 🔴; -111% YoY 🔹 Adj. EBITDA: $360M (Est. $411M) 🔴; -25% YoY Cuts FY26 Guide: 🔹 Revenue: $17.34B-$17.89B (Est. $17.8B) 🟡 🔹 Adjusted EBITDA: $2.35B-$2.65B (Est. $2.59B) 🟡 🔹 US Revenue: $7.17B-$7.52B 🔹 US Adjusted EBITDA: $615M-$815M 🔹 International Revenue: $10.17B-$10.37B 🔹 International Adjusted EBITDA: $2.04B-$2.14B Segment Net Revenue: 🔹 US: $1.46B; +6% YoY 🔹 International: $2.42B; flat YoY 🔹 UK and Ireland: $889M; +4% YoY 🔹 Southern Europe and Africa: $836M; +13% YoY Other Q3 Metrics: 🔹 AMPs: 13,669 ('000s); -3% YoY 🔹 Free Cash Flow: $35M; +40% YoY 🔹 Operating Cash Flow: $211M; +1% YoY Announcements: 🔹 FanDuel Predicts: 66K AMPs; $119M volume; +102% QoQ 🔹 FanDuel Predicts Volume: +271% in October vs. July Key Updates: 🔹 Brazil Impairment: $873M non-cash charge 🔹 Cost Savings: $500M by 2029 🔹 Refinancing: ~$240M larger facility; maturities extended to May 2032 🔹 Share Repurchases: Paused for the foreseeable future Comments: 🔸 “Looking ahead, our priorities are clear: build on our US leadership, capture the prediction markets opportunity, unlock more value from our International portfolio and simplify the way we operate.”

Flush with money from billionaire donors, Nigel Farage's Reform UK has started hiring staff for a YouTube-based TV channel to bypass established broadcasters and capitalize on fundraising unrivalled by any major political party in Europe

FLUX 3 Max from @fal, a post-trained version of @bfl_ai's FLUX 3, ranks #2# on AA-Video-I2V v1.1 (statistically tied for #1#) and #4# on AA-Video-T2V v2.1, ahead of the base FLUX 3 on both FLUX 3 Max generates 5 to 20 second, 720p videos with native audio from a text prompt or a starting image. fal reports that it generates a 10 second video in under 12 seconds. We benchmarked it at the high reasoning level. FLUX 3 Max ranks #2# on AA-Video-I2V v1.1 and #4# on AA-Video-T2V v2.1, statistically tied with Dreamina Seedance 2.5 and MiniMax H3 (768p) on both, and ahead of its base model FLUX 3. On AA-Video-T2V v2.1, it scores highest of any model in the Physics capability, and in the Marketing & Advertising and Live-Action Film use cases. fal prices FLUX 3 Max at $10.20/min for 720p video, compared to $17.40/min for FLUX 3, and $24.60/min for Dreamina Seedance 2.5 and $5.40/min for MiniMax H3 (768p) on Image to Video. For the first three weeks of launch, fal is offering 75% off, at $2.55/min. Congratulations to @fal on the release! See below for our detailed analysis and comparisons between FLUX 3 Max and other leading models on AA-Video-T2V v2.1 and AA-Video-I2V v1.1 🧵