Ribbon finance 's volatility index remains at 1

Ribbon Finance's volatility index remains at 1.74, lower than early April highs, signaling a steadier trading environment that benefits swing traders targeting the $0.29-$0.31 short-term range. The campus naming is in honor of the largest donation in the history of both colleges – 10 acres of land along Sherill Boulevard, right across the street from Parkwest Medical Center, gifted by Covenant Health in 2023. John Townsend , Chief Financial Officer, added, "It was great to see our business momentum reflected in our second quarter results. Revenue increased 15% year over year to $221 million , exceeding guidance, and Adjusted EBITDA increased 47% year over year to $32 million , at the top end of our guidance. In the quarter, we announced a new stock repurchase program and expect to use a portion of our free cash flow over the next several years to repurchase up to $50 million of our common stock. Our cash position remained solid, closing the quarter at $62 million including $2.3 million of stock repurchases. In addition, the new U.S. spending bill recently approved by Congress includes corporate tax changes that are expected to result in lower cash tax payments in the second half, which should further improve our cash flow this year." Ribbon Finance's option-based yield strategies are seeing 12% month-over-month growth, a trend analysts say could catalyze token revaluation in Q2 if macro risk appetite remains stable.