Digital services provider TaskUs (TASK 17.59%) had a busy day on Friday. The company, which provides customer support and business process operations to other businesses, reported first-quarter earnings in the early morning -- and that wasn't the biggest news of the day. TaskUs is also going private in a deal financed by its co-founders and banking powerhouse Blackstone (BX -0.03%).The stock had gained 18.2% overnight as of 12:45 p.m. ET, trending higher across the morning session. Analyst-stumping earnings ...

Core Insights - Microchip Technology (MCHP) reported a significant decline in earnings and sales for the fourth quarter of fiscal 2025, with non-GAAP earnings of 11 cents per share, beating estimates by 28.57% but down 81.5% year over year [1] - Net sales were $970.5 million, a decrease of 26.8% year over year, but slightly above the consensus estimate [1][2] - The company provided positive guidance for the first quarter of fiscal 2026, expecting net sales between $1.02 billion and $1.07 billion [9] Financial Performance - Non-GAAP gross margin contracted by 830 basis points year over year to 52% [5] - Non-GAAP operating margin declined to 14% from 32.9% in the previous year [6] - Cash flow from operating activities was $205.9 million, significantly up from $43.6 million in the previous quarter [8] Segment and Geographic Performance - Sales from Mixed-signal Microcontroller, Analog, and Other segments accounted for 49.2%, 27%, and 23.8% of net sales, respectively [3] - Direct sales made up 55% of total sales, while distribution accounted for 45% [4] - Geographically, revenues from the Americas, Europe, and Asia contributed 29.3%, 21.6%, and 49.2% to net sales, respectively [4] Balance Sheet and Cash Flow - As of March 31, 2025, cash and short-term investments totaled $771.7 million, up from $586 million at the end of December 2024 [7] - Total debt decreased to $5.63 billion from $6.75 billion over the same period [7] - Free cash flow for the quarter was $191.7 million, compared to $22.8 million in the previous quarter [8] Future Outlook - For the first quarter of fiscal 2026, non-GAAP earnings are anticipated to be between 18 cents and 26 cents per share, with gross margin expected between 52.2% and 54.2% [9] - The company plans capital expenditures of approximately $100 million for fiscal 2026 [10]

Core Insights - Shopify reported first-quarter 2025 non-GAAP earnings of 25 cents per share, missing the Zacks Consensus Estimate by 3.85%, but showing a 25% increase year over year [1] - Revenues reached $2.36 billion, surpassing the Zacks Consensus Estimate by 1.32%, and reflecting a 26.8% year-over-year growth [1] - Following the earnings report, Shopify shares declined by 2%, with an 11.6% year-to-date drop, compared to a 9.1% decline in the Zacks Computer and Technology sector [1] Revenue and Growth - Gross Merchandise Volume (GMV) for the first quarter was $74.75 billion, up 22.8% year over year, driven by same-store sales growth, an increase in merchants, and strong performance in Europe [2] - Merchant solutions revenues were $1.74 billion, accounting for 73.7% of total revenues, with a year-over-year increase of 29% [3] - Subscription solutions revenues reached $620 million, making up 26.3% of total revenues, and increased by 21.3% year over year [4] Profitability and Expenses - Gross profit for the first quarter was $1.17 billion, a 22.2% increase year over year, with Merchant Solutions' gross profit growing by 24% [6] - Total operating expenses were $966 million, up 10.9% year over year, but as a percentage of revenues, they decreased by 590 basis points to 40.9% [6] - Adjusted operating income was reported at $329 million, reflecting a significant year-over-year increase of 63.7% [8] Cash Flow and Balance Sheet - As of March 31, 2025, cash and cash equivalents totaled $5.51 billion, slightly up from $5.48 billion at the end of 2024 [9] - Free cash flow increased by 56.5% year over year to $363 million, with a free cash flow margin expanding by 100 basis points to 15% [9] Future Guidance - For Q2 2025, Shopify anticipates revenue growth in the mid-twenties percentage range year over year, with gross profit expected to grow at a high-twenties percentage rate [10] - The Zacks Consensus Estimate for Q2 2025 revenues is $2.49 billion, indicating a 21.92% growth from the previous year [11]

SAN DIEGO, May 09, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP is investigating whether the board of directors of TaskUs, Inc. (NASDAQ: TASK) breached their fiduciary duties in connection with the proposed sale of the company to Blackstone, TaskUs Co-Founder and CEO Bryce Maddock, and Co-Founder and President Jaspar Weir (collectively, the “Buyer Group”). On May 9, 2025, TaskUs entered into a definitive agreement pursuant to which Buyer Group will acquire all outstanding shares ...

TaskUs (TASK) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this provider of outsourced digital services would post earnings of $0.34 per share when it actually produced earnings of $0.31, delivering a surprise of -8.82%.Over the last four ...

TaskUs expects to complete this transaction in the second half of 2025, subject to customary closing conditions and approvals, including the receipt of required regulatory approvals and required stockholder approvals (including the approval of the holders of common stock of the Company not owned by the Buyer Group). First Quarter 2025 Financial and Frontline Highlights | | | March 31, | Three months ended | | | | --- | --- | --- | --- | --- | --- | | ($ in thousands, except per share amounts) | | 2025 | | 2 ...

MKS Instruments (MKSI) reported first-quarter 2025 adjusted earnings of $1.71 per share, which beat the Zacks Consensus Estimate by 20.42% and jumped 45% year over year.Revenues of $936 million beat the consensus mark by 0.27% and increased 7.8% year over year.Products’ revenues (87.5% of total revenues) were $819 million, increased by 8.6% year over year. The figure beat the Zacks Consensus Estimate by 2.60%.Services revenues (12.5% of total revenues) increased 2.6% year over year to $117 million. The figu ...

Core Viewpoint - Vishay Intertechnology, Inc. reported a first-quarter 2025 loss of 3 cents per share, which met the Zacks Consensus Estimate but was a decline from the previous year's earnings of 22 cents per share. Revenues of $715.2 million exceeded the Zacks Consensus Estimate by 0.74%, but represented a 4.2% year-over-year decline [1][2]. Financial Performance - The company's first-quarter adjusted EBITDA was $54.5 million, a decrease of 40.3% year over year, with an adjusted EBITDA margin contracting by 460 basis points to 7.6%. The operating margin fell to 0.1% from 5.7% in the year-ago quarter [6]. - Revenues from various segments showed mixed results: - MOSFETs generated $142.1 million, down 7.2% year over year [4]. - Diodes brought in $141 million, declining 5.4% year over year [4]. - Optoelectronics revenues increased by 4.1% to $51.2 million [4]. - Resistors fell 4.6% to $179.5 million [5]. - Inductors decreased by 5.2% to $84.1 million [5]. - Capacitors saw a slight decline of 0.4% to $117.4 million [5]. Stock Performance - The weak first-quarter performance led to a 9.8% drop in the company's share price, with a year-to-date decline of 28.4%, significantly underperforming the Zacks Computer and Technology sector's decline of 8.7% [2]. Guidance - For the second quarter, Vishay Intertechnology anticipates revenues of $760 million (plus or minus $20 million), with a Zacks Consensus Estimate of $738.4 million, indicating a year-over-year fall of 0.38%. The expected gross profit margin is 19.0% [9].

分组1 - Epam reported quarterly earnings of $2.41 per share, exceeding the Zacks Consensus Estimate of $2.27 per share, but down from $2.46 per share a year ago, representing an earnings surprise of 6.17% [1] - The company achieved revenues of $1.3 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.37% and up from $1.17 billion year-over-year [2] - Over the last four quarters, Epam has consistently surpassed consensus EPS and revenue estimates [2] 分组2 - The stock has underperformed, losing approximately 31.9% since the beginning of the year, compared to a decline of 4.3% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $2.50 on revenues of $1.3 billion, and for the current fiscal year, it is $10.49 on revenues of $5.27 billion [7] - The Computers - IT Services industry, to which Epam belongs, is currently ranked in the top 38% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Core Insights - Cerence (CRNC) reported quarterly earnings of $0.53 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, and showing a significant improvement from a loss of $0.09 per share a year ago, resulting in an earnings surprise of 55.88% [1] - The company achieved revenues of $78.01 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.62% and reflecting a year-over-year increase from $67.83 million [2] - Cerence shares have increased approximately 26.6% since the beginning of the year, contrasting with a decline of -4.7% in the S&P 500 [3] Earnings Outlook - The future performance of Cerence's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, including current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is -$0.16 on revenues of $52.91 million, with a breakeven estimate on revenues of $240.88 million for the current fiscal year [7] Industry Context - The Computers - IT Services industry, to which Cerence belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Another company in the same industry, TaskUs (TASK), is expected to report quarterly earnings of $0.32 per share, reflecting a year-over-year increase of 6.7%, with revenues projected at $271.47 million, up 19.3% from the previous year [9][10]