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SPX Technologies, Inc. (SPXC) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-08-04 14:17
Have you been paying attention to shares of SPX Technologies (SPXC) ? Shares have been on the move with the stock up 13.5% over the past month. The stock hit a new 52-week high of $198.75 in the previous session. SPX Technologies has gained 34.9% since the start of the year compared to the -1.2% move for the Zacks Business Services sector and the 9.3% return for the Zacks Technology Services industry. What's Driving the Outperformance? On this front, we can look at the Zacks Style Scores, as they provide in ...
Why AppLovin (APP) Dipped More Than Broader Market Today
ZACKS· 2025-08-01 22:46
In the latest close session, AppLovin (APP) was down 2.95% at $379.17. This change lagged the S&P 500's daily loss of 1.6%. Elsewhere, the Dow saw a downswing of 1.23%, while the tech-heavy Nasdaq depreciated by 2.24%. Shares of the mobile app technology company have appreciated by 14.36% over the course of the past month, outperforming the Business Services sector's loss of 1.38%, and the S&P 500's gain of 2.25%.The investment community will be paying close attention to the earnings performance of AppLovin ...
CoreCard (CCRD) Surges 10.0%: Is This an Indication of Further Gains?
ZACKS· 2025-08-01 18:36
Company Overview - CoreCard Corporation (CCRD) shares increased by 10% to close at $28.95, following a significant trading volume compared to normal sessions, despite an 8.7% loss over the past four weeks [1] - The company is set to merge with Euronet in a stock-for-stock transaction valued at approximately $248 million, or $30 per share [2] Financial Performance - CoreCard is expected to report quarterly earnings of $0.27 per share, reflecting an 80% year-over-year increase, with revenues projected at $16.45 million, a 19.2% increase from the previous year [3] - The consensus EPS estimate for CoreCard has remained unchanged over the last 30 days, indicating a potential lack of momentum in earnings estimate revisions [4] Industry Context - CoreCard operates within the Zacks Technology Services industry, where Allot Communications (ALLT) also resides, finishing the last trading session at $7.74, with a -9.4% return over the past month [4] - Allot Communications has seen a significant change in its consensus EPS estimate, dropping by 50% over the past month to $0, while still reflecting a 100% increase compared to the previous year's EPS [5]
Viant (DSP) Moves 7.2% Higher: Will This Strength Last?
ZACKS· 2025-08-01 18:26
Company Overview - Viant Technology (DSP) shares increased by 7.2% to close at $14.5, with notable trading volume exceeding typical levels [1] - The stock has experienced a 1.7% gain over the past four weeks, driven by secular growth in CTV, audio, and DOOH demand, along with the adoption of Viant's AI solutions [1] Earnings Expectations - Viant is expected to report quarterly earnings of $0.10 per share, reflecting a year-over-year increase of 25% [2] - Revenue projections stand at $77.8 million, representing an 87.2% increase compared to the same quarter last year [2] Earnings Estimate Trends - The consensus EPS estimate for Viant has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - Monitoring Viant's performance is essential to determine if the recent stock price increase can lead to further strength [3] Industry Context - Viant is part of the Zacks Technology Services industry, which includes other companies like Duolingo, Inc. (DUOL) [4] - Duolingo's consensus EPS estimate has decreased by 0.7% over the past month to $0.55, with a year-over-year change of 7.8% [5] - Duolingo currently holds a Zacks Rank of 4 (Sell), contrasting with Viant's Zacks Rank of 3 (Hold) [4][5]
Is Stantec (STN) Outperforming Other Business Services Stocks This Year?
ZACKS· 2025-08-01 14:40
Group 1 - Stantec has shown strong year-to-date performance, returning approximately 39.4%, significantly outperforming the average gain of 0.6% in the Business Services sector [4] - The Zacks Consensus Estimate for Stantec's full-year earnings has increased by 3.4% over the past 90 days, indicating improved analyst sentiment and a stronger earnings outlook [4] - Stantec is currently ranked 2 (Buy) in the Zacks Rank system, which highlights stocks with characteristics likely to outperform the market in the near term [3] Group 2 - Stantec belongs to the Consulting Services industry, which has seen an average loss of 14.4% this year, further emphasizing Stantec's strong performance relative to its peers [6] - Coherent, another stock in the Business Services sector, has also outperformed with a year-to-date increase of 13.6% and a Zacks Rank of 1 (Strong Buy) [5] - The Technology Services industry, to which Coherent belongs, has gained 13.1% year-to-date, indicating a relatively better performance compared to the Consulting Services industry [6]
DXC Stock Gains 4% as Q1 Earnings and Revenues Crush Estimates
ZACKS· 2025-08-01 14:31
Core Insights - DXC Technology, Inc. reported better-than-expected financial results for Q1 of fiscal 2026, with shares rising 4% in extended trading after reporting non-GAAP earnings of 68 cents per share, exceeding the Zacks Consensus Estimate by 6.3% despite a 10.5% year-over-year decline in earnings [1][9] - The company has a strong track record of beating earnings estimates, surpassing the Zacks Consensus Estimate in the last four quarters with an average surprise of 22.3% [2] Financial Performance - DXC reported revenues of $3.16 billion for Q1, beating the Zacks Consensus Estimate by 2.9%, but showing a 2.5% decline year over year; on an organic basis, revenues decreased by 4.3% [2] - The new reporting segment structure includes Consulting & Engineering Services (CES), Global Infrastructure Services (GIS), and Insurance Services, effective April 1, 2025, to better align financial disclosures with operational organization [3] - CES revenues declined 2.7% year over year to $1.25 billion, while GIS revenues were $1.6 billion, down 3.5% year over year; Insurance Services saw a 5.4% increase to $313 million [4] Margins and Cash Flow - The non-GAAP gross margin increased by 140 basis points, while non-GAAP operating income was $216 million, down 3.6% year over year; the non-GAAP operating margin contracted by 10 basis points to 6.8% [5] - DXC ended Q1 with $1.79 billion in cash and cash equivalents, with long-term debt increasing to $3.1 billion; operating cash flow was $186 million, and free cash flow was $97 million [6] Guidance and Outlook - DXC updated its fiscal 2026 revenue guidance to between $12.61 billion and $12.87 billion, up from the previous range of $12.18 billion to $12.44 billion; the Zacks Consensus Estimate for revenue is $12.29 billion, indicating a 4.5% decline [7] - The company projects an adjusted EBIT margin of 7%-8% and adjusted EPS in the range of $2.85-$3.35, compared to the previous guidance of $2.75-$3.25; the consensus for fiscal 2025 EPS is $3.05, suggesting an 11.1% increase [8] Q2 Expectations - For Q2, DXC anticipates revenues between $3.15 billion and $3.18 billion, with an adjusted EBIT margin of approximately 6.5% to 7.5%; adjusted EPS is projected to be between 65 cents and 75 cents [10]
Banco Sabadell Selects DXC to Advance Financial Inclusion through AI-Powered Accessibility Testing
Prnewswire· 2025-08-01 13:00
Core Insights - DXC Technology has been selected by Banco Sabadell to enhance the accessibility of its digital services through a new testing framework that incorporates manual testing, automation, and AI-driven analysis [1][2][3] Group 1: Partnership Details - The initiative aims to create a more inclusive experience for Banco Sabadell's 12 million customers in Spain by addressing accessibility barriers, which is expected to reduce user drop-off and improve customer satisfaction [2][3] - DXC will provide 350,000 hours of advanced testing annually to support this initiative [2] Group 2: Methodology and Compliance - DXC and Banco Sabadell have developed a methodology that integrates accessibility testing throughout the product development lifecycle, including a real-time monitoring system for evaluating issues based on business impact [3] - The approach ensures compliance with accessibility standards set by Spanish and EU regulations, helping Banco Sabadell meet regulatory obligations and broader inclusion goals [3] Group 3: Industry Expertise - DXC Technology has over 45 years of experience in banking and capital markets, providing the necessary technology and expertise for financial institutions to remain competitive [4] - The collaboration is seen as a significant step towards a more equitable digital future for all citizens [4]
山东“双创”大赛吸引340余家企业同台竞技 掀起创新浪潮
Zhong Guo Xin Wen Wang· 2025-08-01 12:17
Group 1 - The 14th China Innovation and Entrepreneurship Competition Shandong Division and the 2025 Shandong Province Small and Micro Enterprises Innovation Competition Action Plan finals were launched on August 1 in Jinan [1][3][5] - Over 340 participating companies are competing in various industry sectors including "new generation information technology," "high-end equipment manufacturing," "new materials," "biomedicine," and "new energy, new energy vehicles, and energy conservation and environmental protection" [1][3] - The competition format includes a "7-minute roadshow + 5-minute Q&A" session for participants [1] Group 2 - Since 2017, the competition has attracted over 12,500 small and micro enterprises and teams, with more than 2,400 advancing to the finals and 400 recommended for the national competition [3] - The Shandong provincial government has allocated 420 million RMB in financial support, while banks and venture capital institutions have provided over 15 billion RMB in funding for winning enterprises [3][7] - More than 3,000 small and micro enterprises have grown into high-tech enterprises as a result of this competition [3] Group 3 - The Shandong Technology Market has gathered high-end resources such as talent, technology, and achievements, aiming to become a significant hub for innovation factor allocation in the country [5] - The market has identified 11,341 technical needs and attracted nearly 50,000 technology-based enterprises [5] - Over 2,000 enterprises have been served by the market, facilitating a basic transaction volume of 1.433 billion RMB [5] Group 4 - Financial institutions like China Construction Bank and China Merchants Bank are providing tailored financial products to support quality projects and technology enterprises [7][8] - China Construction Bank has established an online evaluation platform for technology enterprises, serving over 8,000 technology-based companies with a loan balance exceeding 100 billion RMB [7] - The competition offers cash prizes for winning enterprises, with first-place winners receiving 300,000 RMB and additional support for those qualifying for the national competition [8][9] Group 5 - The China Innovation and Entrepreneurship Competition, initiated in 2012, is the largest and most influential national innovation and entrepreneurship event in China [9] - Shandong has implemented the "Shandong Province Small and Micro Enterprises Innovation Competition Action Plan" since 2017, using a competition-based selection mechanism to support outstanding technology entrepreneurship projects [9]
AirSculpt Technologies, Inc. (AIRS) Q2 Earnings Match Estimates
ZACKS· 2025-08-01 12:11
AirSculpt Technologies, Inc. (AIRS) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.02, delivering a surprise of +33.33%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.AirSculpt Technolog ...
SPX Technologies (SPXC) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-31 22:41
SPX Technologies (SPXC) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +13.79%. A quarter ago, it was expected that this infrastructure equipment supplier would post earnings of $1.16 per share when it actually produced earnings of $1.38, delivering a surprise of +18.97%. Over the l ...