SoFi Rides AI, Blockchain Wave as FinTech Fires on All Cylinders
PYMNTS.com· 2025-07-29 15:47
Core Insights - SoFi is experiencing significant growth, with a record 850,000 new members and 1.26 million new products added in Q2, resulting in a 44% year-over-year adjusted net revenue growth [2][4][5] - The company is focusing on innovation in blockchain and AI, launching new services such as instant international transfers and AI-driven financial coaching tools [1][6][9] Growth Metrics - SoFi's membership increased by 34% year-over-year, reaching 11.7 million members [4] - The total number of products offered by SoFi rose to 17.1 million, also a 34% increase from the previous year [4] - Personal loan originations surged nearly 66% year-over-year to $7 billion, while home lending saw a 92% increase, reaching $799 million [10] Financial Performance - The company raised its full-year 2025 guidance, projecting $3.375 billion in adjusted net revenue and $960 million in adjusted EBITDA [13] - The services segment, driven by Galileo and Technisys, grew net revenue by 15% year-over-year to $109.8 million [12] Strategic Initiatives - SoFi is reentering the cryptocurrency market and plans to launch stablecoin issuance and crypto-backed loans [7][8] - The company is leveraging AI for various applications, including fraud detection and cash management [9] Market Positioning - SoFi aims to be a "one-stop shop" for financial services, blending banking and technology [5][6] - The company is focusing on user acquisition efficiency, with a cost of less than $15 to acquire a SoFi Relay user, which can lead to significant lifetime value [14]
Vulcan Gears Up to Post Q2 Earnings: What's in Store for the Stock?
ZACKS· 2025-07-29 15:45
Key Takeaways Vulcan is set to report Q2 earnings, with year-over-year growth expected in both revenues and EPS.Pricing gains, acquisitions and stable public demand are likely to have boosted VMC's top-line performance.Higher costs, weather impact and softness in private construction are likely to have weighed on margins.Vulcan Materials Company (VMC) is scheduled to release second-quarter 2025 results on July 31, before the opening bell.In the last reported quarter, the company’s adjusted earnings beat the ...
GTT : First half 2025 results - Strong growth in revenue and EBITDA
Globenewswire· 2025-07-29 15:45
First half 2025 results: Strong growth in revenue and EBITDA Revenue: 389 million euros, +32% compared to H1 2024EBITDA: 264 million euros, +49% compared to H1 2024Confirmation of 2025 objectives Ten LNG carriers and seven Very-Large Ethane Carriers ordered in H1 Acquisition of Danelec, a Danish company specialised in digital solutionsInterim dividend: €4 per share, in line with our distribution policy Paris, 29 July 2025. GTT, the technological expert in membrane containment systems used to transport and s ...
Kering: Press release - First-half 2025 results
Globenewswire· 2025-07-29 15:45
Core Insights - Kering reported a significant decline in revenue for the first half of 2025, with total revenue of €7,587 million, down 16% as reported and 15% on a comparable basis [4][39] - The company is undergoing a leadership transition, appointing Luca de Meo as CEO while François-Henri Pinault remains Chairman [1][38] - Kering is focusing on enhancing the desirability of its brands through new creative leadership and operational efficiency [1][25] Financial Performance - Recurring operating income for the first half of 2025 was €969 million, a decrease of 39% compared to the same period in 2024 [5][39] - Net income attributable to the Group was €474 million, down from €878 million in the first half of 2024 [21][40] - Free cash flow from operations reached €2.4 billion, bolstered by €1.3 billion from real estate transactions [22] Segment Performance - Gucci's revenue fell to €3,027 million, down 26% as reported and 25% on a comparable basis, with a recurring operating income of €486 million [6][8] - Yves Saint Laurent generated €1,288 million in revenue, down 11% as reported and 10% on a comparable basis, with a recurring operating income of €262 million [9][10] - Bottega Veneta's revenue increased slightly to €846 million, up 1% as reported and 2% on a comparable basis, with a recurring operating income of €127 million [11][12] - Revenue from Other Houses was €1,459 million, down 15% as reported and 14% on a comparable basis, resulting in a recurring operating loss of €29 million [13][15] Market Trends - Sales from the directly operated retail network decreased by 16% on a comparable basis, with notable declines in Japan (-29%) and Western Europe (-17%) [4][4] - The second quarter of 2025 saw a revenue decline of 18% as reported, with a 15% decrease on a comparable basis [4][48] - The company is experiencing mixed performance across regions, with North America showing a decline of 10% and Asia-Pacific down 19% [4][4] Strategic Initiatives - Kering is committed to enhancing its financial structure and operational efficiency amid challenging market conditions [1][25] - The company is investing in the development of its Houses to strengthen brand desirability and exclusivity [23][24] - Kering Eyewear is pursuing strategic acquisitions to consolidate its position in the luxury eyewear market [36][37]
CREDIT AGRICOLE SA: Crédit Agricole Santé & Territoires completes the acquisition of Petits-fils, the leading provider of at-home services for seniors in France
Globenewswire· 2025-07-29 15:45
Group 1 - Crédit Agricole Santé & Territoires has completed the acquisition of Petits-fils, the leading provider of at-home services for seniors in France, for an equity value of approximately 243 million euros [4] - The acquisition enhances Crédit Agricole's service offerings aimed at supporting the aging population and promoting aging-in-place solutions across France [3][5] - Petits-fils operates a nationwide franchise network with over 290 branches and employs more than 11,000 care workers, providing services to nearly 39,000 individuals in 2024 [5] Group 2 - The acquisition aligns with Crédit Agricole's strategy to address the demographic transition and the growing needs related to the aging population in France [3] - Crédit Agricole Santé & Territoires aims to improve access to healthcare and support the aging population through both at-home services and non-medical housing solutions [7]
Results for H1 2025: Stable activity in a sluggish market. Improvement in adjusted EBITDA and margin. Financial debt and leverage under control
Globenewswire· 2025-07-29 15:45
Results for H1 2025: Stable activity in a sluggish market Improvement in adjusted EBITDA and margin Financial debt and leverage under control Results for the second quarter and first half of 2025 Q2 revenue up +1.5% and +0.9% on a like for like basis compared to Q2 2024H1 revenue up +0.9% compared to H1 2024 but down -0.2% on a like for like basisAdjusted EBITDA of €155 million in H1 2025, representing 9.8% of sales, slightly up compared to H1 2024 (€148 million, 9.5% of sales). The contribution of the c ...
CREDIT AGRICOLE SA: Crédit Agricole Santé & Territoires completes the acquisition of Petits-fils, the leading provider of at-home services for seniors in France
GlobeNewswire News Room· 2025-07-29 15:45
Group 1 - Crédit Agricole Santé & Territoires has completed the acquisition of Petits-fils, the leading provider of at-home services for seniors in France, for an equity value of approximately 243 million euros [4] - The acquisition enhances Crédit Agricole's service offerings aimed at supporting the aging population and promoting aging-in-place solutions across France [3][5] - Petits-fils operates a nationwide franchise network with over 290 branches and employs more than 11,000 care workers, providing services to nearly 39,000 individuals in 2024 [5] Group 2 - The acquisition aligns with Crédit Agricole's strategy to address the demographic transition and the growing needs related to the aging population in France [3] - Crédit Agricole Santé & Territoires aims to improve access to healthcare and support the aging population through both at-home services and non-medical housing solutions [7]
COIL: 2025 FIRST-HALF REVENUE
Globenewswire· 2025-07-29 15:45
PRESS RELEASEBrussels, 29 July 2025 (5:45pm)World leader in aluminium anodising 2025 FIRST-HALF REVENUE COIL, world leader in aluminium anodising, today announces its consolidated revenue for the first half of 2025. Business trends (€M)H1 2025H1 2024ChangeTolling Sales6.949.20- 24.6 %Package Sales1<td style="width:159px;;border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: middle ; ...
PANW Bets Big on Secure Browsing: Is it Reshaping SASE Strategy?
ZACKS· 2025-07-29 15:36
Key Takeaways PANW's SASE ARR rose 36% year over year in Q3, making it the company's fastest-growing segment.Prisma Access Browser now makes up one-third of all Prisma Access seats sold.PANW expanded its Okta partnership to link secure browsing with identity control across applications.Palo Alto Networks (PANW) is actively focusing on secure browsing to grow its Secure Access Service Edge (SASE) business. In the third quarter of fiscal 2025, SASE was the company’s fastest-growing segment. Annual recurring r ...
Impact Silver Intersects 18.03% ZnEq over 2.60m Including 23.70% ZnEq over 0.73m at the Plomosas Mine
Newsfile· 2025-07-29 15:35
Impact Silver Intersects 18.03% ZnEq over 2.60m Including 23.70% ZnEq over 0.73m at the Plomosas MineJuly 29, 2025 11:36 AM EDT | Source: IMPACT Silver Corp.Vancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce results from its initial underground drill program in the Santo Domingo Zone at its Plomosas zinc (lead-silver) Mine in northern Mexico. SANTO DOMINGO ZONE DRILLINGFirs ...