Gates Industrial Corporation plc (GTES) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript
Seeking Alpha· 2025-12-03 21:33
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CoreWeave, Inc. (CRWV) Presents at UBS Global Technology and AI Conference 2025 Transcript
Seeking Alpha· 2025-12-03 21:33
PresentationKarl KeirsteadUBS Investment Bank, Research Division Okay. Great. Thank you, everybody. I'm Karl Keirstead. We've got Tim Arcuri, who covers NVIDIA and honored to have Nick Robbins of CoreWeave here. Today has been a fun day for me because this has been the theme of today, partly by design, but we had Navios on stage earlier today. We just got off stage with Crusoe and Lanci Lancium who are building out the next star gates. Now we've got Nick to talk through CoreWeave story shortly afterwards, I ...
Dana Incorporated (DAN) Presents at UBS Global Industrials and Transportation Conference Transcript
Seeking Alpha· 2025-12-03 21:33
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Marvell Shares Rise 5% as Company Confirms $3.25B Celestial AI Acquisition and Beats Q3 Estimates
Financial Modeling Prep· 2025-12-03 21:32
Core Insights - Marvell Technology is acquiring semiconductor startup Celestial AI for $3.25 billion to enhance its compute capacity in response to increasing demand for AI infrastructure [1][2] - Following the announcement, Marvell's stock rose over 5% intra-day [1] Acquisition Details - The acquisition provides Marvell with access to Celestial AI's photonics technology, which utilizes light instead of electrical signals to connect AI and memory chips [2] - Marvell is competing with Broadcom and Nvidia in the AI-optimized chip market, with CEO Matt Murphy indicating that hyperscale customers may adopt photonics technology as early as 2027 [2] - The company anticipates that the acquisition will start contributing significant revenue in the second half of fiscal 2028 [2] Financial Performance - Marvell reported adjusted EPS of $0.76 for Q3 on revenue of $2.08 billion, slightly exceeding analyst expectations of $0.74 and $2.07 billion [3] - For Q4, Marvell projects adjusted EPS of $0.79 at the midpoint on revenue of $2.20 billion, surpassing estimates of $0.77 and $2.17 billion [3]
Okta Beats Q3 Estimates and Raises Full-Year Outlook on Strength from Large Customers and AI Security Tools
Financial Modeling Prep· 2025-12-03 21:31
Core Insights - Okta Inc. reported quarterly results that exceeded expectations, driven by strong enterprise demand and increasing adoption of identity governance and AI-enabled security products [1][2] - The company raised its full-year outlook, reflecting confidence in continued growth [1] Financial Performance - Non-GAAP EPS was $0.82, surpassing the consensus estimate of $0.75 [1] - Revenue grew 12% to $742 million, exceeding expectations of $730.3 million, with subscription revenue increasing by 11% to $724 million [1] - Remaining performance obligations (RPO) rose 17% to $4.29 billion, while current RPO advanced 13% [2] - Operating cash flow was $218 million, up from $159 million a year ago, with free cash flow at $211 million [2] - GAAP net income improved to $43 million, compared to $16 million last year [3] - Non-GAAP operating income reached $178 million, representing a 24% margin [3] Future Guidance - For fiscal 2026, Okta expects revenue of $2.906–$2.908 billion, slightly above the $2.89 billion consensus [3] - Non-GAAP EPS guidance for fiscal 2026 is set at $3.43–$3.44, above the $3.37 estimate [3] - Current-quarter guidance anticipates revenue of $748–$750 million and non-GAAP EPS of $0.84–$0.85, with current RPO growth projected at 8.9%, just below the consensus of 9.1% [3]
Stocks Edge Higher Ahead of Fed Decision | Closing Bell
Youtube· 2025-12-03 21:31
And right now we are 2 minutes away from the end of the trading day. Romaine Bostick here, taking you through to that closing bell with a global simulcast. Joining us right now from the radio booth is Carol Massar and Tim Stenovec Welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube.I hate to tell you this, Tim, We had to fire her. Okay. I know that's a joke.I'm sorry. She's. She's on assignment today.So Katie will be back in a couple of days. Couple of days ...
Pure Storage Shares Plunge Despite Revenue Beat and Raised Outlook
Financial Modeling Prep· 2025-12-03 21:30
Core Viewpoint - Shares of Pure Storage experienced a significant drop of 26% intra-day despite meeting earnings expectations and slightly exceeding revenue forecasts [1] Financial Performance - Pure Storage reported adjusted EPS of $0.58, aligning with analyst estimates [1] - Revenue reached $964.5 million, surpassing the consensus of $955.03 million and reflecting a 16% year-over-year increase [1] - Subscription services revenue grew by 14% to $429.7 million [1] Operating Margins and Guidance - The company achieved a non-GAAP operating margin of 20.3%, slightly above the 20.1% from the same quarter last year [2] - For the fourth quarter, Pure Storage projected revenue between $1.02 billion and $1.04 billion, indicating annual growth of 16.5% to 17.6% [2] - Full-year revenue expectations were raised to a range of $3.63 billion to $3.64 billion, up from the previous range of $3.60 billion to $3.63 billion [2] Income Forecast - Pure Storage increased its full-year non-GAAP operating income forecast to between $629 million and $639 million, compared to earlier guidance of $605 million to $625 million, representing year-over-year growth of 12.4% to 14.2% [3]
Medtronic announces FDA clearance of Hugo™ robotic-assisted surgery system for urologic surgical procedures
Prnewswire· 2025-12-03 21:30
1&h=220242700&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fmedtronic&a=LinkedIn&a=LinkedIn).**Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.****Contacts:**Gary JeanfaivrePublic Relations+1-203-556-0777Ryan WeispfenningInvestor Relations+1-612- 839-4549SOURCE Medtronic plc -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced its participation in Citi’s 2025 Insurance Access Day, taking place December 8, 2025 in New York, New York. While there will be no Company presentation, Root, Inc. will host one-on-one and group meetings with institutional investors. The investor material to be used in the meetings can be found on the home page of Roo ...
The Law Offices of Frank R. Cruz Announces Investigation of Lifeway Foods, Inc. (LWAY) on Behalf of Investors
Businesswire· 2025-12-03 21:30
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces Investigation of Lifeway Foods, Inc. (LWAY) on Behalf of Investors. ...