Axon Enterprise Inc (NASDAQ:AXON) shares are tumbling in Tuesday’s after-hours session after the company reported mixed financial results and announced a deal to acquire an emergency communications and response platform.AXON is among today’s weakest performers. Track the latest developments here.What To Know: Axon reported third-quarter revenue of $710.64 million, beating analyst estimates of $703.5 million. The company reported first-quarter adjusted earnings of $1.17 per share, missing estimates of $1.52 ...

Core Insights - Synchronoss Technologies reported a net income of $5.8 million and diluted EPS of $0.51 per share for Q3 2025, with total revenue of $42.0 million, of which 93.8% was recurring revenue [1][3][5] - The company anticipates adding a new customer in 2025 and a new Tier 1 customer in the first half of 2026, which is expected to contribute to revenue growth and profitability [3][5][6] Financial Performance - Total revenue decreased to $42.0 million from $43.0 million year-over-year, primarily due to delays in new customer signings and subscriber growth weakness [5][6] - Recurring revenue constituted 93.8% of total revenue, up from 92.2% in the prior year [6] - Gross profit was $29.2 million with a gross margin of 69.4%, compared to $29.9 million and a gross margin of 69.6% in the prior year [6] - Adjusted EBITDA was $12.0 million, with an adjusted EBITDA margin of 28.5%, compared to $12.7 million and a margin of 29.5% in the prior year [6] Cash Flow and Debt Management - Free cash flow for Q3 2025 was $35.9 million, significantly improved from $(27) thousand in the prior year [7] - The company received the full $33.9 million CARES Act Tax refund, which was used to reduce net debt to approximately 2.7 times anticipated FY25 adjusted EBITDA [5][6] Future Outlook - The company has revised its full 2025 outlook, projecting revenue between $169 million and $172 million, with recurring revenue of at least 90% [12] - Adjusted EBITDA is expected to be between $50 million and $53 million, equating to at least a 30% adjusted EBITDA margin [12]

IBM - IBM is undergoing a strategic realignment in Q4, involving workforce reductions that will impact a low single-digit percentage of its global employee base, which is approximately 270,000 [2][8] - The company is shifting its focus towards higher-growth areas such as software and services, aiming to streamline operations [2][8] - Despite the global workforce adjustments, IBM expects its overall U.S. employment figures to remain stable year-over-year [2][8] Pharmaceuticals - The Trump administration is negotiating with pharmaceutical companies Eli Lilly and Novo Nordisk to make weight-loss medications available for $149 per month through a new "TrumpRx" program [3][8] - The initiative may also include coverage for these drugs under Medicare and Medicaid, potentially increasing access for consumers [3][8] E-commerce - Amazon has reiterated its commitment to transparency for third-party applications that facilitate customer purchases, following concerns about unauthorized data usage [4][8] - The company aims to ensure that all applications on its platforms adhere to strict transparency and privacy standards [4][8] Geopolitical Developments - Iran has announced the release of two French detainees on bail, which is part of ongoing diplomatic efforts and discussions regarding potential prisoner swaps [5][8]

Group 1 - IBM will cut thousands of roles this quarter [1] - The company is shifting its focus to higher-growth software and services [1]

AppLovin (APP) will report its results for the third-quarter on Wednesday, November 5th, after market close. Wall Street expects the company to post EPS of $2.49 (+99.2% Y/Y), while revenue is expected to rise 11.7% to $1.34B. The California-based tech firm has seen ...

Financial Data and Key Metrics Changes - Gartner's third-quarter revenue was $1.5 billion, up 3% year over year as reported and 1% FX neutral [12] - Adjusted EPS was $2.76, up 10% from Q3 of last year [20] - Free cash flow was $269 million, compared to $265 million in Q3 2024 [21] - EBITDA was $347 million, up 2% as reported, with FX contributing almost 3 percentage points [19] Business Line Data and Key Metrics Changes - Insights revenue grew 5% year over year as reported and 4% FX neutral, with a contribution margin of 77% [13] - Global Technology Sales (GTS) contract value was $3.8 billion, up 2% year over year, with wallet retention at 98% [16] - Global Business Sales (GBS) contract value was $1.2 billion, up 7% year over year, with wallet retention at 102% [17] - Consulting revenue was $124 million, compared to $128 million in the year-ago period [18] Market Data and Key Metrics Changes - Contract value (CV) grew 3% year over year, with a 6% growth excluding the U.S. federal government [11] - New business in GTS was down 12% compared to last year, while GBS new business was down 10% [16][17] - The amount of content published per analyst increased by 31% year over year [7] Company Strategy and Development Direction - Gartner is focusing on AI as a key growth area, helping clients determine the best AI tools and applications [4][5] - The company is adapting its operational strategies to improve client engagement and retention [10] - There is a clear path back to long-term, sustained double-digit growth over the medium term [10] Management's Comments on Operating Environment and Future Outlook - The macroeconomic environment remains dynamic, but Gartner's Q3 results were ahead of expectations [4] - Management noted improvements in client engagement and retention rates, which are positive indicators for future growth [30] - The company expects to see a re-acceleration in contract value growth in 2026, driven by improved selling conditions and adaptations made [26][58] Other Important Information - Gartner repurchased $1.1 billion of stock during the third quarter, reducing share count by 6% year over year [4][23] - The company has a strong balance sheet with about $1.4 billion in cash and a debt balance of approximately $2.5 billion [22][23] Q&A Session Summary Question: Comments on upselling and downselling trends - Management noted that the selling environment has improved modestly, with upselling existing enterprises being the most affected area [29] Question: Update on tariff-impacted industries - Non-tariff-affected industries continue to perform about 200 basis points faster than tariff-affected industries [31] Question: Improvement in renewal rates - The improvement is attributed to operational adaptations and reduced uncertainty in certain geographies [32] Question: Expectations for sales headcount growth in 2026 - The expectation is to grow headcount three to four points slower than expected contract value growth [36] Question: Pricing environment and increases - A normal price increase of around 3-4% went into effect on November 1, with minimal pushback expected [59]

Core Insights - WidePoint Corporation has secured a multi-year Software as a Service (SaaS) contract with a major telecommunications carrier to deploy its FedRAMP Authorized ITMS™ Command Center Platform, which is expected to manage 2 million to 2.5 million units across government telecom operations [1][2][3] Company Overview - WidePoint is a federally certified provider of Trusted Mobility Management (TM2) solutions, recognized for its innovative technology solutions including Identity & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, and Cloud Security [1][7] - The company estimates that the new contract will generate revenues of $40-45 million over the initial three-year term based on the expected number of managed units [2] Strategic Importance - This partnership will serve over 50 government clients, reinforcing WidePoint's position as a premier SaaS FedRAMP solution provider for complex mobility and telecom management in the federal sector [4] - The FedRAMP Authorized status of WidePoint's ITMS™ platform positions the company as a leader in a market where competitors struggle to meet stringent federal security requirements [3][6] Leadership and Commitment - The CEO of WidePoint emphasized the importance of this partnership in reinforcing the company's leadership in FedRAMP-Authorized solutions and its commitment to providing secure technology for government operations [5] - The Chief Revenue Officer highlighted the transformative nature of the engagement and the trust placed in WidePoint's platform by the major carrier [6] Market Position - WidePoint stands out as the only FedRAMP Authorized SaaS Managed Mobility Platform, with a proven track record serving agencies such as the Department of Homeland Security, which underscores its reputation and expertise in government mobility management [6]

Core Insights - Delinea has expanded its OEM agreement with IBM to provide the full Delinea Platform to IBM customers, enhancing identity security solutions [1][2][4] - The collaboration aims to improve visibility and control over privileged activities, helping enterprises manage risks and ensure compliance [3][4] Company Overview - Delinea specializes in securing human and machine identities through centralized authorization, leveraging AI-powered intelligence for identity lifecycle management [5] - The Delinea Platform is cloud-native and designed to discover all identities, assign access levels, detect irregularities, and respond to threats in real-time [5] - The platform boasts a deployment time of weeks, requires 90% fewer resources to manage compared to competitors, and offers a 99.995% uptime [5] Strategic Collaboration - The partnership with IBM, which began in 2018, is focused on delivering sophisticated identity security solutions to navigate modern threats [2][3] - The full Delinea Platform will be integrated into IBM Verify Privileged Identity Platform, available to customers in Q4 2025 [4] - Both companies emphasize innovation in security, aiming to set new standards in identity security for enterprises [3][4]

Group 1 - The National Health Commission and other departments aim for basic coverage of intelligent auxiliary applications in grassroots medical treatment by 2030 [1] - WeChat Pay has launched an AI menu recognition feature for small and medium-sized businesses [1] - Kunlun Wanwei's AI video creation platform SkyReels has officially been revamped and relaunched [1] Group 2 - iFlytek's Wuxi Industrial Acceleration Center has been put into operation [1] - BOE Technology Group and Intel have jointly launched the first AI-driven multi-frequency display solution [1]

PRESS RELEASE                                         Share Buyback Transaction Details October 30 - November 3, 2025Alphen aan den Rijn - November 4, 2025 - Wolters Kluwer (Euronext: WKL), a global leader in professional information solutions, software and services, today reports that it has repurchased 209,553 of its own ordinary shares in the period from October 30, 2025, up to and including November 3, 2025, for €22.2 million and at an average share price of €105.96. The previously disclosed third-party ...