Financial Performance - Total revenue increased by 13% to $1.944 billion, with organic revenue growth of 7% and a 6% contribution from M&A[14, 40] - EBITDA increased by 12% to $775 million, with an EBITDA margin of 39.9%[14, 40] - Free cash flow increased by 10% to $403 million, resulting in a trailing twelve months (TTM) free cash flow margin of 31%[14] - Adjusted DEPS increased by 9% to $4.87[14] Acquisition and Capital Deployment - The company is acquiring Subsplash for $800 million, expecting ~$115 million in revenue and ~$36 million in EBITDA for the 12-months ending Q3'26[12] - The company exited Q2'25 with a net debt-to-EBITDA ratio of 2.9x, with $242 million in cash and $1.4 billion drawn on a $3.5 billion revolver[16] - The company has $5B+ M&A firepower and a large pipeline of attractive acquisition opportunities[16, 37] Segment Performance - Application Software revenue increased by 17%, with 11% from M&A and 6% organic growth, reaching $1.095 billion[18, 20] - Network Software revenue increased by 6%, with 5% organic growth, reaching $385 million[22, 24] - Technology Enabled Products revenue increased by 10%, with 9% organic growth, reaching $463 million[26, 28] Guidance - The company increased its full-year 2025 total revenue guidance to ~13%, with organic growth unchanged at +6 - 7%[34] - Adjusted DEPS guidance for FY 2025 is $19.90 - $20.05, including a ~$(0.05) impact from Subsplash[34]

WOODCLIFF LAKE, N.J., July 21, 2025 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: AIOT), a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, has been named one of ABI Research's Most Innovative Technology Companies of 2025 - an exclusive recognition awarded to only one standout innovator in each of seven tech sectors globally.Powerfleet was recognized as the top innovation leader in AIoT for Supply Chain operations, cementing its position at the fo ...

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Investment builds on Biogen’s 30-year history of manufacturing in the region, with approximately $10 billion invested to date CAMBRIDGE, Mass., July 21, 2025 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) – today announced it intends to invest an additional $2 billion in its existing manufacturing footprint in North Carolina’s Research Triangle Park (RTP). Since breaking ground in 1995, Biogen’s manufacturing in RTP has played a vital role in delivering the company’s pipeline and portfolio of innovative tre ...

Suite of digital workers will automate resource-intensive workflows, empowering banks to more effectively fight financial crimeNEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Nasdaq Verafin today announced the launch of the Agentic AI Workforce, a suite of digital workers that will deliver a step change in the way banks conduct anti-money laundering (AML) compliance by automating low-value, high-volume compliance processes. Building on the successful adoption of its GenAI Entity Research Copilot, Nasdaq Verafin ...

Designed to provide broad exposure to the Style Box - All Cap Value category of the market, the Global X SuperDividend U.S. ETF (DIV) is a smart beta exchange traded fund launched on 03/11/2013.What Are Smart Beta ETFs?Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.A good option for investors who believe in market efficiency, market cap weighted indexes offer a ...

Designed to provide broad exposure to the Technology ETFs category of the market, the First Trust NASDAQ Semiconductor ETF (FTXL) is a smart beta exchange traded fund launched on 09/20/2016.What Are Smart Beta ETFs?For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.A good option for investors who believe in market efficiency, market cap weighted indexes offer a ...