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Rogers Announces Pricing of Cash Tender Offers for Canadian Dollar Debt Securities
Globenewswire· 2025-07-21 18:15
TORONTO, July 21, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“Rogers” or the “Company”) (TSX: RCI.A and RCI.B; NYSE: RCI) announced the pricing terms of its previously announced separate offers (the “Offers”) to purchase for cash up to the Maximum Purchase Amount (as defined in the Offer to Purchase dated July 11, 2025 (the “Offer to Purchase”), as previously amended) of its outstanding notes of the series listed in the table below (collectively, the “Notes”). The Offers The Offers were made upon ...
Verizon Beats on 2Q Revenue, Raises Profit Outlook
Bloomberg Television· 2025-07-21 17:53
Question about your revenue guidance here and the beat that you have posted so far, how much of a role did the recent price increases play in the quarter's performance. Now, if you look at the quarter and actually the last four quarters, our strategy is working. We have a lot of vectors of growth all the way from our broadband fixed wireless access.Our step ups, prepaid is growing and then we have our adjacent services with perks and all of that. So all of all of them are actually contributing. And then the ...
VZ Surpasses Q2 Earnings Estimates on Solid Wireless Traction
ZACKS· 2025-07-21 15:15
Core Insights - Verizon Communications Inc. reported strong second-quarter 2025 results with adjusted earnings and revenues exceeding Zacks Consensus Estimates [1] Financial Performance - The company achieved net income of $5.12 billion or $1.18 per share, an increase from $4.7 billion or $1.09 per share in the prior-year quarter, primarily driven by top-line growth [3] - Total operating revenues rose by 5.2% to $34.5 billion, surpassing the consensus estimate of $33.58 billion, fueled by growth in service revenues and higher wireless equipment revenues [4] Segment Performance - Consumer segment revenues increased by 6.9% year over year to $26.65 billion, exceeding estimates of $25.63 billion, with service revenues up 2.1% to $20.26 billion and wireless equipment revenues up 29.6% to $5.37 billion [5] - Business segment revenues decreased by 0.3% to $7.27 billion, falling short of estimates due to lower wholesale and enterprise revenues, partially offset by growth in business markets [8] Subscriber Growth - Verizon recorded 278,000 net additions in fixed wireless access, bringing the total subscriber base to over 5.1 million, positioning the company to meet its target of 8 to 9 million subscribers by 2028 [2][9] - Wireless retail postpaid churn was 1.12%, while retail postpaid phone churn was 0.9%, indicating stable customer retention [6] Cash Flow and Guidance - The company generated $16.76 billion in net cash from operating activities for the first half of 2025, with free cash flow of $5.17 billion for the quarter [12] - For 2025, Verizon expects wireless service revenue growth of 2%-2.8% and adjusted EBITDA growth of 2.5%-3.5%, with adjusted earnings anticipated to grow by 1-3% [13]
SoundHound vs. Twilio: Which Voice-Tech Stock Deserves Your Investment?
ZACKS· 2025-07-21 14:36
Key Takeaways SoundHound's Q1 revenues surged 151% YoY to $29.1M, driven by demand in autos, devices, and restaurants. Twilio posted $1.17B revenues in Q1, up 12% YoY, with stronger margins and $175M in free cash flow. SOUN expects 2025 revenues of $157M-$177M, up from $46M in 2023, as it nears adjusted EBITDA breakeven.SoundHound AI (SOUN) and Twilio (TWLO) are two companies riding the wave of voice technology and artificial intelligence, or AI, yet they occupy very different positions in the market. Sou ...
Gilat to Report Second Quarter 2025 Results on Wednesday, August 6th
Globenewswire· 2025-07-21 11:05
PETAH TIKVA, Israel, July 21, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it will release its second quarter 2025 financial results on Wednesday, August 6th, 2025. Conference Call and Webcast Following the release, Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will discuss Gilat’s second quarter 2025 results and business achievements an ...
Rogers Announces Upsizing and Results of its Cash Tender Offers for Canadian Dollar Debt Securities
Globenewswire· 2025-07-21 11:00
TORONTO, July 21, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“Rogers” or the “Company”) (TSX: RCI.A and RCI.B; NYSE: RCI) announced (i) the release of the results of its previously announced separate offers (the “Offers”) to purchase for cash up to the Maximum Purchase Amount (as defined in the offer to purchase dated July 11, 2025 relating to the Notes (the “Offer to Purchase”)) of its outstanding senior notes of the series listed in the table below (collectively, the “Notes”), and (ii) that it h ...
Rogers Announces Results and Upsize of its Cash Tender Offers for Eight Series of U.S. Dollar Debt Securities
Globenewswire· 2025-07-21 11:00
TORONTO, July 21, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“Rogers” or the “Company”) (TSX: RCI.A and RCI.B; NYSE: RCI) announced (i) the release of the results of its previously announced eight separate offers (the “Offers”) to purchase for cash any and all of the outstanding notes of each series listed in the table below (collectively, the “Notes”), and (ii) that Rogers is increasing the aggregate Total Consideration payable for all Notes it will accept for purchase in the Offers, excluding ac ...
Verizon raises financial guidance for adjusted EBITDA, adjusted EPS and free cash flow after strong Q2 performance
Globenewswire· 2025-07-21 10:55
Core Insights - Verizon Communications Inc. reported strong financial performance and customer growth in Q2 2025, driven by its diversified wireless and broadband portfolio and innovative customer service initiatives [2][3][4] Financial Performance - Consolidated total operating revenue reached $34.5 billion in Q2 2025, marking a 5.2% increase year-over-year [7] - Consolidated net income for Q2 2025 was $5.1 billion, up from $4.7 billion in Q2 2024 [7] - Adjusted EBITDA for Q2 2025 was $12.8 billion, compared to $12.3 billion in Q2 2024, reflecting a solid growth trajectory [7] - Earnings per share (EPS) increased to $1.18 in Q2 2025 from $1.09 in Q2 2024, with adjusted EPS of $1.22 compared to $1.15 in the prior year [7][29] Customer Growth and Market Position - Verizon added over 300,000 net new customers across mobility and broadband in Q2 2025, continuing to expand its industry-leading customer base [6] - The company achieved wireless service revenue of $20.9 billion in Q2 2025, a 2.2% increase year-over-year [7] - Consumer revenue rose by 6.9% year-over-year to $26.6 billion in Q2 2025 [8] Broadband and Wireless Services - Verizon delivered 293,000 broadband net additions in Q2 2025, with total broadband connections exceeding 12.9 million, a 12.2% increase year-over-year [11] - Fixed wireless access subscribers grew to over 5.1 million, with a target of reaching 8 to 9 million by 2028 [11] - Consumer wireless service revenue was $17.4 billion in Q2 2025, up 2.3% year-over-year [11] Business Segment Performance - Verizon Business revenue totaled $7.3 billion in Q2 2025, a slight decrease of 0.3% year-over-year, but operating income increased by 27.6% [9][34] - Business wireless service revenue grew by 1.6% year-over-year to $3.6 billion [11] Future Outlook - The company raised its full-year guidance for adjusted EBITDA, adjusted EPS, and free cash flow, reflecting confidence in operational execution and favorable tax reform [3][10] - Free cash flow for the first half of 2025 was $8.8 billion, up from $8.5 billion in the same period of 2024 [7][30]
X @Bloomberg
Bloomberg· 2025-07-21 09:07
Shenzhen Transsion, the biggest seller of mobile phones in Africa, is weighing a second listing in Hong Kong, sources say https://t.co/DsPU7G6Hqk ...
Aurora Mobile's EngageLab Partners with China Unicom to Develop Next-Generation Global One-Click Verification Ecosystem
GlobeNewswire News Room· 2025-07-21 09:00
SHENZHEN, China, July 21, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that EngageLab, its leading omni-channel customer engagement platform, has entered into a partnership with China Unicom to launch the Smart Integrated Verification (International Edition), powered by China Unicom’s Open Gateway platform. This collaboration marks a significant step in joi ...