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Snowflake expects annual product revenue above estimates as AI boosts demand
Reuters· 2026-02-25 21:09
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Snowflake expects annual product revenue above estimates as AI boosts demand February 25, 20269:09 PM UTCUpdated ago By Jaspreet Singh The company logo for Snowflake Inc. is displayed on a banner to celebrate the company's IPO at the New York Stock Exchange (NYSE) in New York, U.S., September 16, 2020. REUTERS/Brendan McDermid Purchase Licensing Rights, opens new tab Feb 24 (Reuters) - Snowfla ...
LexisNexis Risk Solutions Named a Leader in IDC MarketScape: U.S. Provider Data Management for Payers 2025-2026 Vendor Assessment
Prnewswire· 2026-02-24 14:49
LexisNexis Risk Solutions Named a Leader in IDC MarketScape: U.S. Provider Data Management for Payers 2025-2026 Vendor Assessment [Accessibility Statement] Skip NavigationThe IDC MarketScape recognizes the company's strengths in data volume, quality, completeness, coverage and compliance with directory mandatesATLANTA, Feb. 24, 2026 /PRNewswire/ -- [LexisNexis® Risk Solutions] has once again been named a Leader in the IDC MarketScape: U.S. Provider Data Management for Payers 2025-2026 Vendor Assessmenti. Th ...
Teradata Corporation (TDC) Reports 15% Cloud ARR Growth and Strong Free Cash Flow for 2025
Yahoo Finance· 2026-02-24 11:52
Teradata Corporation (NYSE:TDC) is one of the best stocks for beginners with little money in 2026. On February 10, Teradata reported a strong conclusion to 2025, headlined by a 15% growth in Cloud ARR and a non-GAAP diluted EPS of $0.74. Q4 saw total revenue reach $421 million, supported by a 5% increase in recurring revenue. While full-year total revenue declined 5% to $1.663 billion, the company expanded its Q4 operating margin to 22.8% and generated $285 million in free cash flow for the year. Teradat ...
Verisk Analytics, Inc. Enters into $1.5 Billion Accelerated Share Repurchase Transaction
Globenewswire· 2026-02-23 12:30
JERSEY CITY, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Verisk Analytics, Inc. (Nasdaq: VRSK) (“Verisk” or the “Company”), a leading strategic data analytics and technology partner to the global insurance industry, today announced that it has entered into accelerated share repurchase agreements (“ASR Agreements”) with each of HSBC Bank USA, National Association and Wells Fargo Bank, National Association (the “ASR Counterparties”) to repurchase an aggregate of $1.5 billion of the Company’s common stock. After g ...
Spotlight on 3 Stocks That Declared Dividend Hikes Amid Market Volatility
ZACKS· 2026-02-19 16:41
Key Takeaways VRSK, SHIP and VMC announced dividend hikes on Feb. 13 amid market volatility.SHIP will pay $0.20 per share on Apr. 10 and has raised dividends seven times in five years.VMC will pay $0.52 per share on Mar. 23 and has a 23% payout ratio.Wall Street has remained volatile for most of 2026, with major indexes giving up their previous gains. Tech stocks, which have driven the market rally over the past few years, have lately been taking a beating. Also, high inflation and uncertainty over the Fede ...
nDatalyze Corp. enters a Non-Binding Memorandum of Understanding with an Alberta-based mining company.
Thenewswire· 2026-02-18 23:35
Core Viewpoint - nDatalyze Corp. has entered a Non-Binding Memorandum of Understanding with PRISM Diversified Ltd., which is expected to lead to a Definitive Agreement by March 15, 2026, involving a change of business and reverse takeover [1][2]. Group 1: Transaction Details - The transaction will be subject to approval from the Canadian Securities Exchange and shareholders [1]. - PRISM is an Alberta-based mine-to-metals producer focusing on lower-emissions steel production and critical minerals, utilizing Alberta's resources [2]. - The MOU includes a provision for a $50,000 "break fee" for the terminating party, covering all costs incurred prior to termination [2]. - Post-financing, shareholders of nDatalyze as of February 17, 2026, will collectively own 10% of the resulting issuer [2]. Group 2: Financing Information - Between the signing of the Definitive Agreement and August 15, 2026, nDatalyze will conduct a $1,600,000 subscription receipt financing at $0.10 per receipt, exchangeable for common shares [3]. - The financing will be arranged by PRISM and/or its agents, and as of February 18, 2026, it has not yet been arranged [3].
Michael Burry's Beatdown of Palantir is Just Getting Started
Yahoo Finance· 2026-02-18 20:16
Burry even dug up an old Buzzfeed News story from where the NYPD, who had been with Palantir for five years, “wanted out,” but were “not cooperating with the extraction of analysis and other data that the NYPD had generated while using Palantir.” Burry goes on to iterate the article's takeaways: Palantir lost $4 billion over two decades due to low-value government contracts swallowed up by the massive costs of deploying manual engineers to "heavy lift" data for clients, the core of his argument.On Wednesday ...
Verisk Analytics, Inc. Q4 2025 Earnings Call Summary
Yahoo Finance· 2026-02-18 17:32
Core Insights - The company's performance was driven by strong subscription growth across various areas, compensating for a year of low weather activity that affected transactional volumes [1] - Management decided to terminate the AccuLink acquisition due to the high opportunity cost associated with an extended FTC review process, opting to prioritize agility in a fast-changing tech environment [1] - The divestiture of Verisk Marketing Solutions indicates a strategic shift to focus solely on data analytics and technology for the global insurance industry [1] Strategic Initiatives - The 'Coreline Reimagine' program is nearing completion, having released 22 out of the 20 targeted modules aimed at enhancing value realization during the renewal process [1] - The company is positioning AI as a productivity and value-add layer on top of its proprietary data, rather than as a standalone product, to improve carrier accuracy and efficiency [1] - The company's role as a regulatory intermediary is emphasized by its filing of over 2,000 products annually and maintaining daily contact with all 50 state regulators [1] Leadership Changes - The appointment of Steve Cotterer to lead the claims business reflects an increased focus on transforming insurance workflows through the integration of data and AI [1]
Verisk Analytics Q4 Earnings Call Highlights
Yahoo Finance· 2026-02-18 15:50
Core Insights - Verisk reported another quarter of double-digit growth, driven by contract expansions, solid renewals, and new client acquisitions, with strong interest in Verisk Synergy Studio ahead of its planned launch in 2026 [1] - Subscription revenue, a key indicator of business health, represented 84% of total fourth-quarter revenue, growing 7.7% on an OCC basis [3] - The company expects continued subscription-led growth and expanding adoption of AI-enabled products in claims workflows [7] Financial Performance - Fourth-quarter GAAP revenue was $779 million, up 5.9% year over year, while net income was $197 million, down 6.2% [5] - Organic constant currency (OCC) revenue growth for 2025 was 6.6%, with OCC adjusted EBITDA growth of 8.5% [6] - Fourth-quarter OCC adjusted EBITDA grew 6.2%, with an adjusted EBITDA margin of 56.1%, up 200 basis points year over year [11] Revenue Breakdown - Transactional revenue, which represented 16% of total revenue, declined 6.5% OCC in the fourth quarter, primarily due to lower volumes in property estimating solutions [9] - The decline in transactional revenue was largely tied to storm-related comparisons and a conversion of some transactional revenue to subscription revenue [10] Portfolio Management - Verisk terminated its agreement to purchase AccuLynx and sold Verisk Marketing Solutions as part of ongoing portfolio management [15] - The company redeemed $1.5 billion of senior notes related to the terminated AccuLynx acquisition [16] AI and Product Development - AI is a major area of client discussion and product investment, with over 35 AI-powered projects currently in use [17] - New claims products showcased include XactXpert, XactAI, and XactGen, with expected revenue guidance for 2026 between $3.19 billion and $3.24 billion [18] Future Guidance - The first quarter of 2026 is expected to be a "trough" for reported revenue dollars and growth rates, with anticipated low single-digit percentage decline compared to fourth-quarter 2025 [19] - Verisk plans to provide more detail on strategy and business drivers at its Investor Day on March 5 [20]
Equifax Stock: Analyst Estimates & Ratings
Yahoo Finance· 2026-02-18 14:45
With a market cap of $23.6 billion, Equifax Inc. (EFX) is a global data, analytics, and technology company that provides information solutions to businesses, governments, and consumers across Workforce Solutions, U.S. Information Solutions, and International segments. It operates in multiple countries worldwide, offering services such as credit information and scoring, identity verification, fraud prevention, workforce verification, and human resources process automation. Shares of the credit reporting c ...