WISeKey to Present at Maxim Tech Conference “Discover the Innovations Reshaping Tomorrow” on June 3 at 8:30am ET Geneva, Switzerland, June 2, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its management team will be presenting at the Maxim Group 2025 Virtual Tech Conference “Discover the Innovations Reshaping Tomorrow.” WISeKey’s fireside chat presentation is scheduled for June 3rd at 8:30 am E ...

Financial Data and Key Metrics Changes - The company experienced stable demand outside of Newark, but the perception issues at Newark impacted bookings, leading to a forecast adjustment to the middle of the guidance range for Q2 [16][17] - The company had the best Memorial Day weekend in recorded history, indicating strong operational performance despite challenges [13] Business Line Data and Key Metrics Changes - The partnership with JetBlue is expected to enhance customer offerings and expand the network, particularly in Boston and JFK, although aircraft delivery delays mean full rollout won't occur until 2027 [6][9][7] - The company is focusing on brand loyalty as a key strategy, emphasizing the importance of winning loyal customers who contribute to stable revenue streams [25][26] Market Data and Key Metrics Changes - Newark is expected to become more reliable with a managed number of flights, which should improve customer experience and potentially lead to better revenue outcomes [20][15] - The company is optimistic about the FAA's commitment to improving operational efficiency, which is expected to benefit both customers and investors [18][19] Company Strategy and Development Direction - The company aims to decommoditize airlines by focusing on brand loyalty and customer experience, which is seen as crucial for long-term success [25][26] - Investments in employee engagement and customer service are prioritized to ensure a positive flying experience, which is linked to brand loyalty [31][70] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future of Newark and the overall operational environment, citing improvements in FAA management and a commitment to balancing flight operations with airport capacity [20][19] - The company believes the shift in the airline industry towards premium service and brand loyalty is permanent and structural, making it difficult for low-cost carriers to compete effectively [54][56] Other Important Information - The company is actively using AI technology to enhance customer experience, particularly in call centers and flight updates, although some applications are still experimental [102][103] - The company has reached an industry-leading agreement with flight attendants, which is expected to positively impact employee morale and customer service [71][72] Q&A Session Summary Question: What are the expectations around the JetBlue partnership? - The partnership is expected to enhance customer offerings and expand the network, particularly in Boston and JFK, although full rollout won't occur until 2027 due to aircraft delivery delays [6][9][7] Question: How does the company view the current FAA management? - Management is optimistic about the FAA's commitment to improving operational efficiency, which is expected to benefit both customers and investors [18][19] Question: What is the company's strategy for brand loyalty? - The company aims to decommoditize airlines by focusing on brand loyalty and customer experience, which is seen as crucial for long-term success [25][26] Question: How is the company using AI technology? - The company is actively using AI technology to enhance customer experience, particularly in call centers and flight updates, although some applications are still experimental [102][103] Question: What is the outlook for Newark airport? - Newark is expected to become more reliable with a managed number of flights, which should improve customer experience and potentially lead to better revenue outcomes [20][15]

Financial Data and Key Metrics Changes - The competitive intensity in the market has increased, with gross adds showing double-digit growth on the postpaid phone side [6][10] - The company has seen a slight increase in churn due to price hikes and competitive pressures, but expects to return to a business-as-usual (BAU) posture in the second half of the year [54][74] Business Line Data and Key Metrics Changes - The broadband and mobility businesses are identified as the two engines of growth, with a clear path to becoming the number one converged player in America [10][14] - The company aims to cover 40 million homes with fiber and continues to see strong momentum in its Fixed Wireless Access (FWA) product, targeting 8 to 9 million subscribers [13][24] Market Data and Key Metrics Changes - The switcher pool has increased, with both port-ins and port-outs rising, indicating a competitive environment [6][10] - The company has a strong position in the prepaid market, having gained market share over the last three quarters [37][38] Company Strategy and Development Direction - The company aims to be the number one converged player in America, focusing on both mobility and broadband [10][14] - The strategy includes leveraging AI for operational efficiencies and enhancing customer care, which is seen as a potential differentiator in the market [106][109] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the competitive landscape but believes the company's value proposition resonates well with customers [7][10] - The company expects to see continued growth in gross adds and a reduction in churn as it implements its strategies [54][74] Other Important Information - The company has committed to a million-plus new fiber offerings post-acquisition of Frontier, with a focus on reducing build costs through automation and AI [21][23] - Adjacent products and perks are becoming a significant part of the business, with a projected $2 billion run rate and mid-30% margins [78][81] Q&A Session Summary Question: What are the expectations for gross adds in the second half of the year? - Management expects gross add momentum to continue due to a strong value proposition and improved sales execution [56][61] Question: How does the company view the competitive landscape and its impact on ARPU? - The company does not aggressively pursue pre-to-post migration but focuses on serving customers well in the prepaid space, maintaining a premium mix [63][64] Question: What is the strategy for reducing churn? - A strong value proposition, cross-selling opportunities, and loyalty programs are key strategies for reducing churn [69][72] Question: How does the company leverage AI in its operations? - AI is used to enhance customer care, improve operational efficiencies, and provide personalized experiences [106][109]

Motorola Solutions, Inc. (MSI) recently announced that it has signed a definitive agreement to acquire Silvus Technologies, Inc. The transaction is valued at $4.4 billion and is expected to be completed in the second half of 2025, subject to regulatory approvals. Following the completion of the buyout, Silvus stands to receive a business performance-based earnout of up to $600 million between 2027 and 2028.Rationale for the AcquisitionHeadquartered in Los Angeles, Silvus Technologies is a leading developer ...

The Zacks Wireless Non-US industry appears well-poised to benefit from healthy demand trends stemming from the increasing propensity to stay connected. However, high capital expenditure for infrastructure upgrades, margin erosion, supply-chain disruptions due to geopolitical conflicts, raging wars and high customer inventory levels have dented the industry’s profitability.Nevertheless, TIM S.A. (TIMB) , Ceragon Networks Ltd. (CRNT) and PLDT Inc. (PHI) are likely to capitalize on the solid long-term growth o ...

Snowflake Inc. SNOW is skating into its first quarter earnings report with momentum on its side and charts flashing bright. The company is set to report after market hours today, with Wall Street expecting earnings per share of 21 cents and $1.01 billion in revenue.The stock is up 10.84% over the past year, down 14.50% year-to-date, but it has caught fire lately – rallying 31.64% in just the past month. Let's dig into what the charts are signaling ahead of the print, and how analysts see things playing out. ...

Core Viewpoint - Viasat, Inc. reported mixed results for the fourth quarter of fiscal 2025, with adjusted earnings missing estimates while revenue exceeded expectations. The overall revenue remained flat year-over-year, impacted by declines in fixed broadband and product revenues, but offset by growth in Aviation and Information Security, as well as Defense and Advanced Technologies segments [1][4]. Financial Performance - Viasat incurred a net loss of $246.1 million, or a loss of $1.89 per share, compared to a net loss of $100.3 million, or a loss of 80 cents per share in the prior-year quarter [2]. - For fiscal 2025, the company reported a net loss of $575 million, or a loss of $4.48 per share, an improvement from a net loss of $1.06 billion, or a loss of $9.12 per share in fiscal 2024 [3]. Revenue Breakdown - Total revenues for Q4 were $1.15 billion, surpassing the consensus estimate by $13 million. Product revenues increased to $349.7 million from $337.9 million year-over-year, while service revenues decreased to $797.4 million from $812 million [4]. - Communication Services segment revenues were $825 million, down 4% from $859.9 million in the prior-year quarter, primarily due to declines in fixed services and maritime service revenues [5]. - Defense and Advanced Technologies segment revenues were $322 million, up 11% year-over-year, driven by growth in information security and cyber defense [6]. Operational Metrics - Viasat reported an operating loss of $153.8 million in Q4, compared to an operating income of $0.3 million in the prior-year quarter. Adjusted EBITDA increased to $374.8 million from $357.7 million [7]. - The company generated an operating cash flow of $298 million in Q4, up from $232 million in the prior-year period, reflecting improved operating performance [8]. Future Outlook - For fiscal 2026, Viasat expects low single-digit year-over-year revenue growth and flat adjusted EBITDA. The Communication Services segment is anticipated to show flat revenue performance, while the Defense and Advanced Technologies segment is expected to grow in the mid-teens [10].

IRVINE, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- Apple iSports Group, Inc. (OTC-QB: AAPI) ("Company" or "Apple iSports"), an entertainment, media, iGaming, and technology services company, is pleased to announce it has signed a non-binding Letter of Intent with AmeriCrew Inc., a Delaware corporation ("AmeriCrew"), a technology infrastructure and managed services company. Key Highlights Strategic and Financial Rationale Key The proposed acquisition shows Apple iSports' ability to follow through on its strate ...

T-Mobile US (TMUS) FY Conference Summary Industry Overview - The telecom industry is experiencing growth, with service revenues and profitability on the rise. From 2022 to 2024, the industry grew free cash flows by 50% while enhancing consumer offerings [4][5] - T-Mobile has consistently outperformed competitors in customer growth, service revenue, and free cash flow generation [4][5] Company Positioning and Strategy - T-Mobile aims to transition from a challenger to a champion in the wireless ecosystem, focusing on three key advantages: best network, best value, and superior customer experiences [4][5] - The company is undergoing a digital transformation to enhance customer experience further [6] Subscriber Growth and Market Dynamics - T-Mobile is confident in achieving its highest-ever total postpaid guidance, with strong performance in gross additions and net subscriber growth [8][9] - The competitive environment remains favorable, with T-Mobile positioned as a net share taker in the industry [9][10] - In Q1, T-Mobile reported the highest postpaid gross and net additions, with service revenue three times that of the nearest competitor [10][11] Churn and Rate Plan Optimization - The increase in churn in Q1 was primarily due to rate plan optimizations, which were communicated to customers in March and implemented in April and May [12][13] - T-Mobile anticipates that churn will stabilize as customers adjust to the new rate plans [12] Growth Segments - T-Mobile is focusing on growth in smaller markets, rural areas, enterprise, and government sectors, with significant opportunities remaining in these segments [18][19] - The company is also seeing growth in fixed wireless and has plans to expand its network in underpenetrated areas [19][20] Fiber and Broadband Initiatives - T-Mobile's broadband segment has seen success with new pricing and packaging, leading to record net additions and ARPU growth [32][33] - The company aims to reach 12 million broadband subscribers by the end of 2028, with significant improvements in speed and customer satisfaction [35][36] Financial Performance and Guidance - T-Mobile raised its service revenue guidance to a 6% year-over-year increase, with half of this growth attributed to acquisitions [52] - The company is investing in customer net additions and digitalization while maintaining a strong EBITDA growth outlook [54][55] Macro Environment and Consumer Sentiment - The telecom industry is resilient to macroeconomic changes, with communications becoming a higher priority for consumers [57][58] - T-Mobile's premium plans have a 60% activation rate among new accounts, indicating strong consumer demand for higher-value offerings [61] Capital Allocation and M&A Strategy - T-Mobile has a capital allocation plan of $80 billion through 2027, with a focus on M&A, shareholder returns, and strategic investments [65][66] - The company is open to exploring value-accretive fiber opportunities but currently has no immediate M&A announcements [72] Advertising and Adjacent Opportunities - T-Mobile is enhancing its advertising capabilities through partnerships and acquisitions, aiming to improve targeting and measurement for advertisers [69][70] - The company is considering investments in adjacent businesses that leverage its distribution and brand strengths [72] T-Satellite Offering - T-Mobile's T-Satellite service is positioned as a unique offering that enhances connectivity and drives customer value, particularly in premium rate plans [75][76] This summary encapsulates the key points from the T-Mobile US FY Conference, highlighting the company's strategic positioning, growth opportunities, financial performance, and future outlook in the telecom industry.

Core Insights - Ubiquiti, Inc. reported strong third-quarter fiscal 2025 results, with both revenue and net income exceeding Zacks Consensus Estimates, driven by robust demand in the Enterprise Technology segment [1][2]. Financial Performance - Net income on a GAAP basis was $180.4 million or $2.98 per share, a significant increase from $76.3 million or $1.26 in the same quarter last year [2]. - Non-GAAP net income was $181.8 million or $3 per share, compared to $77.6 million or $1.28 in the prior year, beating the consensus estimate by $1.14 [2]. - Revenue for the quarter reached $664.2 million, up from $493 million year-over-year, surpassing the consensus estimate by $50 million [3]. Segment Performance - The Enterprise Technology segment generated $585.7 million in revenues, a substantial increase from $414.3 million in the prior-year quarter, exceeding the estimate of $526.5 million [3]. - Service Provider Technology revenues were $78.4 million, slightly down from $78.7 million year-over-year, primarily due to soft demand in North America, South America, and Asia Pacific [4]. Regional Performance - North America revenues increased to $322.7 million from $242.5 million year-over-year [5]. - EMEA revenues rose to $282.1 million from $200.7 million [5]. - Asia Pacific revenues grew to $37.5 million from $26.5 million, while South America revenues decreased to $21.8 million from $23.4 million [5]. Profitability and Expenses - Gross profit was $295.9 million, up from $174.1 million in the prior year, with gross margins improving to 44.5% from 35.3% [6]. - Research and development expenses increased to $44.3 million from $42.5 million due to higher software and employee-related expenses [7]. - Operating income rose to $226.9 million from $111.2 million year-over-year [7]. Cash Flow and Liquidity - Ubiquiti generated $509.7 million in cash from operating activities in the first nine months of fiscal 2025, compared to $310.1 million in the prior year [8]. - As of March 31, 2025, the company had $151 million in cash and cash equivalents, with $22.1 million in other long-term liabilities [8].