Core Insights - The report highlights a significant gap between business ambitions and IT readiness, raising concerns about wasted investments and cybersecurity risks [1][4][5] - Organizations are increasingly recognizing the importance of emerging technologies like generative AI and agentic AI for long-term success, with 73% of executives viewing agentic AI as critical [4][7] - Despite intentions to invest more in generative AI, only 36% of organizations feel prepared to support large-scale AI workloads [7][8] Investment Trends - 78% of organizations plan to increase their investment in generative AI, reflecting growing confidence in its potential [4][7] - 82% of innovation leaders are allocating over 6% of their IT budgets to generative AI-enabled data management [4] - Three-quarters of business executives are increasing investments in cloud, automation, and generative AI despite dissatisfaction with current ROI [7] Infrastructure Challenges - Many organizations are still operating on outdated infrastructure, which hampers the adoption of AI and quantum computing [5][6] - Only 36% of organizations feel confident in their ability to support large-scale generative AI workloads, with even lower readiness for quantum computing (32%) and edge computing (34%) [5][7] - The lack of alignment between business and IT priorities remains a significant challenge [5][6] Cybersecurity Concerns - 85% of organizations describe their cybersecurity posture as reactive, exposing them to serious security risks [8][9] - 17% of organizations experienced a breach in the past year, with downtime costs reaching up to $500,000 per hour [8] - Only 14% of business executives believe their systems are prepared for post-quantum cryptography, highlighting a critical vulnerability [8][9] Strategic Shifts - 62% of business executives are adopting or planning to adopt Zero Trust models, indicating a shift towards more proactive cybersecurity strategies [9] - 61% prioritize cyber recovery, while only 43% have implemented AI-based cybersecurity measures, suggesting room for improvement [9]

Core Insights - NORBIT reported a revenue of NOK 684.4 million in Q2 2025, marking a 63% increase compared to Q2 2024, with an EBIT of NOK 174.2 million and a margin of 25% [1] - Diluted earnings per share rose to NOK 2.06 from NOK 1.20 year-over-year [1] Segment Performance - The Oceans segment generated NOK 239.4 million in revenue, a 22% increase from Q2 2024, with an EBIT margin of 36% [2] - The Connectivity segment reported revenues of NOK 169.8 million, up 67% from the same quarter in 2024, with an EBIT margin of 32% [2] - The Product Innovation & Realization (PIR) segment achieved revenues of NOK 293.1 million, reflecting a growth of 118% from Q2 2024, driven by demand in the defense and security sector, with an EBIT margin of 20% [3] Management Commentary - CEO Per Jørgen Weisethaunet emphasized the company's commitment to delivering tailored technology across various segments, contributing to a well-diversified business model that supports profitable growth [4] - The company maintains a development-oriented mindset, focusing on preparedness and scalability to enhance growth opportunities [5] Outlook - The outlook for NORBIT is positive, with continued high activity across all business segments. The revenue target for 2025 has been raised to NOK 2.5 – 2.6 billion from NOK 2.2 – 2.3 billion, while the EBIT margin is expected to remain around 25% [6]

Core Viewpoint - Neonode Inc. reported a decline in revenues primarily due to challenges in its legacy business, particularly in the printer and automotive infotainment markets, while focusing on expanding business opportunities and advancing its product roadmap for future growth [4]. Financial Summary for Q2 2025 - Revenues from continuing operations were $0.6 million, a decrease of 25.2% compared to Q2 2024 [6]. - License revenues were $0.4 million, down 34.2% year-over-year, attributed to lower demand from legacy customers [6]. - Non-recurring engineering revenues increased by 4.3% to $0.2 million compared to the same period in 2024 [7]. - Operating expenses rose to $2.7 million, a 5.3% increase from Q2 2024 [7]. - The loss from continuing operations was $2.0 million, or $0.12 per share, compared to a loss of $1.7 million, or $0.11 per share in Q2 2024 [8]. Financial Summary for H1 2025 - Revenues from continuing operations totaled $1.1 million, a decrease of 31.1% compared to H1 2024 [9]. - Operating expenses were $5.2 million, a slight decrease of 1.5% from the same period last year [9]. - The loss from continuing operations was $3.8 million, or $0.23 per share, compared to a loss of $3.4 million, or $0.22 per share in H1 2024 [9]. Cash Flow and Financial Position - Cash used by operations in Q2 2025 was $1.7 million, up from $1.2 million in Q2 2024, mainly due to lower net loss and reduced component purchases [10]. - As of June 30, 2025, cash and accounts receivable were $13.6 million, down from $17.2 million as of December 31, 2024 [11]. - Working capital for continuing operations was $12.1 million, compared to $16.1 million at the end of 2024 [11].

Core Insights - ePlus reported Q1 FY2026 results with GAAP revenue of $637.3 million, exceeding analyst estimates of $523.9 million, and Non-GAAP EPS of $1.26, surpassing expectations of $1.06, marking significant year-over-year growth [1][2] - The company set all-time quarterly records for gross billings and net sales, driven by broad-based revenue expansion primarily from services [1] - ePlus initiated its first-ever quarterly dividend and launched a new share repurchase program, enhancing its capital return profile [1][10] Financial Performance - Non-GAAP EPS increased by 24.8% year-over-year to $1.26, while GAAP revenue rose by 19.0% compared to the previous year [2] - Adjusted EBITDA reached $46.7 million, reflecting a 19.4% increase from $39.1 million in Q1 FY25 [2] - Gross profit was $148.2 million, up 16.8% from $126.9 million a year earlier [2] Business Model and Focus - ePlus provides a range of technology solutions including consulting, cloud, security, managed services, and IT infrastructure products, targeting commercial, healthcare, education, and government sectors [3] - The company has formed strategic partnerships with major technology vendors like AWS, Cisco, Microsoft, and VMware to offer multi-vendor solutions [3] Service and Product Performance - Services revenue surged by 48.8% year-over-year to $116.3 million, with professional services nearly doubling, increasing by 92.4% [5] - Cloud-related net sales climbed 50.8% to $206.996 million, while security product sales advanced by 27.3% [6] - However, networking and collaboration product sales declined by 7.0% and 43.7%, respectively, indicating a shift in customer demand [6] Strategic Actions - ePlus completed the sale of its financing business to focus on higher-growth technology solutions, marking its transition to a pure technology solutions company [4][10] - The company reduced inventory by 16.1% compared to Q4 FY2025, while trade receivables increased by 35.6% [10] Outlook - For fiscal 2026, ePlus raised its financial outlook, expecting net sales and gross profit to grow in the upper single-digit percentage range, with adjusted EBITDA projected to rise in the mid-teens [12] - Strong demand in cloud, security, and data center markets is anticipated to continue driving growth [12]

Core Points - ePlus inc. has declared its first quarterly cash dividend of $0.25 per common share, to be paid on September 17, 2025, to shareholders of record as of August 26, 2025 [1] - The Board's approval of the dividend reflects the company's commitment to enhancing shareholder value and is supported by its cash generation capabilities [2] Financial Strategy - The company will continue its share repurchase program and consider organic investments and targeted M&A to drive additional shareholder value [2] - The declaration and payment of future dividends will be at the discretion of the Board of Directors [4]

Core Insights - CDW Corporation is set to report its second-quarter 2025 results on August 6, with revenue expectations of $5.5 billion, reflecting a 1.6% year-over-year growth [1] - The consensus estimate for earnings per share is $2.49, indicating a 0.4% decline from the previous year's quarter [2] - CDW has a history of resilient performance, with earnings missing estimates in two of the last four quarters but beating in the others, averaging a surprise of 2.1% [2] Revenue Breakdown - Expected revenues for the second quarter are projected as follows: Corporate at $2.2 billion (up 0.4%), Government at $654.9 million (up 2.5%), Healthcare at $599.6 million (up 2.2%), Education at $1.05 billion, and Small Business at $356.6 million [7] Profitability and Expenses - CDW anticipates gross profit of $1.26 billion for Q2, with non-GAAP EPS expected to be $2.47, remaining flat year-over-year [10][11] - Operating expenses are projected to rise in line with seasonal patterns, but non-GAAP SG&A as a percentage of gross profit is expected to be lower than the previous quarter [9] Strategic Initiatives - The acquisition of Mission Cloud Services is a key driver for enhancing CDW's AI and AWS capabilities, aligning with its customer-centric growth strategy [5] - CDW's focus on addressing customer challenges related to cloud workload growth, security threats, and AI adoption is expected to positively impact performance [3] Market Trends - Demand in the healthcare sector is likely boosted by the need for devices, cloud services, and security, while the education sector benefits from strong Chromebook demand [6] - Despite cautious spending, commercial market activity remains healthy, with CDW assisting clients in optimizing spending and planning for future projects [4] Recent Developments - In July 2025, CDW partnered with Asato Corporation to deliver AI-powered IT asset intelligence, enhancing its service offerings to a wide range of customers [12] Earnings Prediction - CDW's earnings model indicates a potential earnings beat, supported by a positive Earnings ESP of +2.41% and a Zacks Rank of 2 [13]

Please refer to the accompanying financial tables for a reconciliation of the GAAP to non-GAAP measures presented, except for financial guidance since such a reconciliation is not practicable without unreasonable effort. | (In millions, except numbers presented as percentages) | 2Q25 2Q24 YTD25 YTD24 | | --- | --- | | Revenue | $483.3 $478.2 $915.4 $966.0 | | YoY revenue change | 1.1 % (5.2) % | | YoY revenue change in constant currency | 1.0 % (3.8) % | | Ex-L&S revenue | $395.7 $396.1 $756.7 $790.7 | | Yo ...

Core Viewpoint - Treasure Global Inc. has signed a Memorandum of Understanding (MoU) with iSynergy Group Limited to establish a strategic partnership aimed at developing AI-powered cloud infrastructure across Southeast Asia [1][4]. Group 1: Partnership Details - The collaboration will focus on the sale and acquisition of advanced AI-driven graphics processing units (GPUs) as the foundational technology for the AI cloud infrastructure [2]. - The partnership aims to co-develop AI-powered cloud solutions tailored for enterprises, SMEs, and public sector entities, while also exploring joint go-to-market strategies and technical integration with iSynergy's blockchain platforms [3]. Group 2: Market Potential - The global AI cloud infrastructure market is projected to exceed USD 60 billion by 2025, with a compound annual growth rate (CAGR) of 26.6% through 2034, highlighting Southeast Asia as a high-potential market [6]. - The Asia-Pacific blockchain market is expected to grow from USD 4.5 billion in 2023 to over USD 35 billion by 2030, indicating significant opportunities for the partnership in high-growth sectors [7]. Group 3: Company Background - Treasure Global is a Malaysia-based technology solutions provider specializing in digital transformation platforms, with its flagship product being the ZCITY Super App, which has attracted over 2.9 million registered users as of March 2025 [9]. - iSynergy Group is a digital commerce and blockchain solutions provider, empowering gig workers and businesses through innovative tools in digital engagement and blockchain rewards [11].

Financial Results Announcement - Unisys will release its second-quarter 2025 financial results on July 30, 2025, after the close of trading on the New York Stock Exchange [1] - A conference call to discuss the results will be held on July 31, 2025, at 8 a.m. EDT [1] Conference Call Details - The conference call will be available via a live, listen-only webcast on the Unisys Investor Website [2] - Domestic callers can dial 1-844-695-5518, while international callers can dial 1-412-902-6749, using the passcode "Unisys Corporation Call" [2] Replay Information - A replay of the conference call will be available on the Unisys Investor Website shortly after the call [3] - Domestic callers can access the replay by dialing 1-877-344-7529, and international callers can dial 1-412-317-0088, entering access code 4992919 [3] Upcoming Investor Conferences - Unisys management will host one-on-one and group meetings at various upcoming investor conferences [4] - Specific events include virtual meetings at the Needham FinTech & Digital Transformation Conference on August 13, 2025, and presentations at the Midwest IDEAS Conference in Chicago, IL, on August 26, 2025 [6] Company Overview - Unisys is a global technology solutions company that provides services in cloud, AI, digital workplace, logistics, and enterprise computing [5] - The company has been assisting clients in pushing boundaries for over 150 years [5]

Core Viewpoint - Unisys is hosting a conference call to discuss the benefits of its recent capital structure transformation, including a $250 million discretionary pension contribution and changes to asset allocations within its U.S. Qualified Defined Benefit Plans, aimed at reducing its pension deficit and volatility [1]. Group 1: Conference Call Details - The conference call is scheduled for July 24, 2025, at 2 p.m. EDT, led by CEO Mike Thomson and CFO Deb McCann [1]. - Investors can submit questions via email and join the call through a dedicated phone line or webcast [2]. Group 2: Webcast and Replay Information - A replay of the webcast will be available shortly after the event on the Unisys Investor Relations site, with a telephone replay accessible for a limited time [3]. Group 3: Company Overview - Unisys is a global technology solutions company that provides services in cloud, AI, digital workplace, logistics, and enterprise computing, helping clients unlock their potential [4].