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VEON 1Q25 Earnings Release: Strong Start to 2025, Digital Revenues Surge 50%, Driving Growth
GlobeNewswire News Room· 2025-05-15 04:04
Core Insights - VEON reported a total revenue growth of 8.9% year-on-year to USD 1,026 million for Q1 2025, with underlying local currency growth at 12.9% [2][9] - EBITDA increased by 13.7% year-on-year to USD 439 million, with a 10.4% increase in underlying local currency terms [4][9] - Direct digital revenue grew significantly by 50.2% year-on-year to USD 147 million, representing 14.3% of total revenues for the quarter [4][9] Financial Performance - The company achieved a year-on-year revenue growth of 8.9% in reported currency and 12.9% in local currency, adjusted for the impact of a cyberattack in Ukraine and the deconsolidation of TNS+ in Kazakhstan [2][3] - EBITDA for the quarter was USD 439 million, reflecting a 13.7% increase in reported currency and a 10.4% increase in underlying local currency terms [4][9] - Total cash and cash equivalents as of March 31, 2025, amounted to USD 1,775 million, with net debt to LTM EBITDA declining to 1.23x [5][9] Capital Expenditure and Outlook - Capex increased by 8.3% year-on-year, with a capex intensity of 13.1% [5] - The company maintains its FY25 outlook, expecting underlying local currency revenue growth of 12% to 14% and EBITDA growth of 13% to 15% [6] Share Buyback Program - VEON commenced the second phase of its share buyback program in March 2025, amounting to up to USD 35 million, following the completion of the first phase [7] Strategic Focus - The company emphasizes disciplined execution and innovation, aiming to enhance customer experiences through technology-driven services [10][11]
Sea Limited (SE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-13 15:30
For the quarter ended March 2025, Sea Limited Sponsored ADR (SE) reported revenue of $5.12 billion, up 35.2% over the same period last year. EPS came in at $0.86, compared to $0.21 in the year-ago quarter.The reported revenue represents a surprise of +4.21% over the Zacks Consensus Estimate of $4.91 billion. With the consensus EPS estimate being $0.93, the EPS surprise was -7.53%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
长沙数字集团应用场景入选国家数据局公共数据“跑起来”示范名单
Chang Sha Wan Bao· 2025-05-12 14:57
Core Insights - The National Data Bureau has officially released 70 key public data demonstration scenarios, highlighting the importance of data resource development and utilization in various sectors [1][3] - The "Smart Empowerment to Promote High-Quality Development of Elderly Care Services in Changsha" scenario has been selected, marking a significant step for Changsha in leveraging public data for the silver economy [1][3] Group 1: Public Data Utilization - The scenario involves collaboration among multiple entities, including the Hunan Provincial Civil Affairs Department and Changsha City Data Bureau, showcasing a strong government and enterprise partnership [1][3] - The initiative aims to enhance the elderly care service sector through the integration of public data, which is expected to optimize resource allocation and improve service delivery [1][3] Group 2: Technological Integration - The Smart Elderly Care Service Platform, developed by Shuke Group, integrates 201 elderly care institutions and 684 home service stations, creating a comprehensive service network [3] - The platform employs GPS positioning, intelligent algorithms, and a fully digital management system to ensure precise matching of supply and demand in elderly care services, processing over a thousand home service orders daily [3] Group 3: Innovation and Future Development - The platform has introduced a "panoramic visualization" elderly care map, which consolidates various services such as institution queries and senior dining options, promoting resource optimization [3] - Future plans include further integration of AI models and smart wearable devices in elderly care, aiming to bridge the digital divide for the elderly population, especially in rural areas [3]
VEON Joins GSMA Advance's People Excellence Partner Program as Founding Member to Further Professional Skills Development
GlobeNewswire News Room· 2025-05-12 09:00
Core Insights - VEON Ltd. has partnered with GSMA Advance to become the inaugural member of the People Excellence Partner program, emphasizing its commitment to employee upskilling and knowledge advancement [1][2] - The partnership will provide VEON employees access to a variety of learning courses, enabling them to achieve certifications in critical areas such as 5G, IoT, mobile privacy, and regulatory best practices [3][4] - This initiative aligns with VEON's strategic move to Dubai, aiming to leverage the local talent pool and enhance its workforce capabilities in high-tech disciplines [4] Company Overview - VEON is a digital operator serving nearly 160 million customers across six countries, representing over 7% of the global population, and focuses on technology-driven services that promote economic growth [5] - The company is listed on Nasdaq and is dedicated to transforming lives through its digital services [5] GSMA Overview - GSMA represents the interests of mobile operators globally, uniting over 750 operators and nearly 400 companies in the mobile ecosystem [5] - The organization is known for hosting major industry events, including the Mobile World Congress (MWC) and the Mobile 360 Series [5]
Why TaskUs Stock Soared on Friday
The Motley Fool· 2025-05-09 17:36
Digital services provider TaskUs (TASK 17.59%) had a busy day on Friday. The company, which provides customer support and business process operations to other businesses, reported first-quarter earnings in the early morning -- and that wasn't the biggest news of the day. TaskUs is also going private in a deal financed by its co-founders and banking powerhouse Blackstone (BX -0.03%).The stock had gained 18.2% overnight as of 12:45 p.m. ET, trending higher across the morning session. Analyst-stumping earnings ...
智能助手生成病历 还推荐诊疗方案
Nan Fang Du Shi Bao· 2025-05-06 23:10
南都讯 记者陈紫嫣 近日,第八届"数字中国创新大赛·数字城市赛道"活动在福州圆满落幕。南山区政务 服务和数据管理局会同南山区水务局、市生态环境局南山管理局、南山医院、华润置地等单位,申报六 大创新项目代表南山区参赛,最终斩获数字城市赛道两块金牌及四项"城市百景"荣誉。 "数据驱动、智能研判" 在医疗场景体系化应用 《拥抱AI时代,重塑价值医疗——智慧医院南山实践》则在民生领域展现了AI深度赋能的"南山方案"。 南山医院联合深圳市健康研究与数据管理中心、深圳市医疗保障局南山分局、南山区政务服务和数据管 理局共同成立数智健康联合创新实验室,率先实现DeepSeek大模型在医疗场景的体系化应用。智能助 手可自动生成电子病历、智能推荐诊疗方案与营养处方,区域病理、影像中心及信用就医等创新模式也 借助AI进行重塑,实现价值医疗的进一步提升。 作为数字中国建设峰会的品牌赛事,数字中国创新大赛由国家发展改革委、国家数据局、国家网信办、 工业和信息化部、福建省人民政府共同主办,本届"数字城市赛道"以"智绿城市 中国建造"为主题,设 置平台和技术两个赛题,共有全球83个城市358个项目报名参赛。 事实上,在4月中旬举办的"数字 ...
VEON to release 1Q 2025 trading update on May 15, 2025
Globenewswire· 2025-05-02 10:36
Core Viewpoint - VEON Ltd. will release its financial and operational results for Q1 2025 on May 15, 2025, at 8:00 GST (0:00 EST) [2] Group 1: Financial Results Announcement - The trading update will cover selected financial and operating results for the first quarter ended March 31, 2025 [2] - A conference call with senior management will take place on the same day at 16:00 GST (8:00 EST) [2] Group 2: Conference Call Participation - Registration for the results conference call can be done through a provided link, and confirmation will be sent via email [3] - Participants can choose to join via webcast or dial-in for the conference call [4] Group 3: Q&A Session - Shareholders can submit and upvote questions for management through a Q&A platform starting May 8, 2025 [8] - The Q&A platform will remain open until 24 hours before the conference call [8] - Questions can also be submitted to VEON Investor Relations via email prior to the event [8] Group 4: Company Overview - VEON is a digital operator serving nearly 160 million customers across six countries, impacting over 7% of the world's population [10] - The company focuses on technology-driven services that empower individuals and drive economic growth [10]
Netcompany – Interim report for the three months ended 31 March 2025
Globenewswire· 2025-05-01 05:30
Core Insights - The company achieved a revenue growth of 9.1% in Q1 2025, reaching DKK 1,744.3 million, while also improving its adjusted EBITDA margin to 17.6% [2][5] - A merger with SDC is underway, forming a new entity called Netcompany Banking Services, expected to be completed around mid-year [2][3] - The company maintains its full-year financial expectations, projecting revenue growth of 5% to 10% and an adjusted EBITDA margin between 16% and 19% [3][4] Financial Performance - Adjusted EBITDA increased by 24.4% to DKK 307.3 million in Q1 2025, with a margin improvement from 15.5% in Q1 2024 to 17.6% [5] - Diluted earnings per share rose by 36.9% to DKK 2.56 [5] - Free cash flow improved significantly to DKK 67.9 million from a negative DKK 4.9 million in Q1 2024 [5] Workforce and Operational Metrics - The average workforce increased by 342 full-time equivalents (FTEs) to 8,150 FTEs in Q1 2025, compared to 7,808 FTEs in Q1 2024 [5] - The cash conversion ratio (tax normalized) was reported at 83.3% in Q1 2025 [5] - Debt leverage improved to 1.2x in Q1 2025 from 1.6x in Q1 2024 [5]
中水三立拟A股IPO:李氏兄弟控制75%表决权,哥哥任董事长、弟弟任总裁
Sou Hu Cai Jing· 2025-04-29 03:35
Core Viewpoint - Zhongshui Sanli Data Technology Co., Ltd. (hereinafter referred to as "Zhongshui Sanli") has disclosed its IPO guidance progress report, indicating its ongoing efforts to prepare for an initial public offering with the assistance of Guoyuan Securities [1][3]. Group 1: Company Overview - Zhongshui Sanli started its IPO guidance on September 27, 2020, with the current guidance period set from January to March 2025 [3]. - The company is a digital service provider focused on water-related infrastructure, utilizing emerging technologies such as IoT, cloud computing, big data, artificial intelligence, GIS, and digital twins to create an integrated hardware and software platform [3]. - Its services include digital integration, software development, operation and maintenance services, and hardware sales, primarily targeting government departments, public institutions, and state-owned enterprises in sectors like water conservancy, water transport, water services, and water environment [3]. Group 2: Financial Performance - In 2024, Zhongshui Sanli achieved a revenue of 424.24 million yuan, representing a year-on-year growth of 0.38% [4][5]. - The net profit attributable to shareholders was 47.21 million yuan, reflecting a year-on-year increase of 22.65% [4][5]. - The gross profit margin improved to 34.69% from 30.26% in the previous year [5]. - Basic earnings per share rose to 0.87 yuan, up by 22.54% compared to the previous year [5]. Group 3: Shareholding Structure - The actual controllers of Zhongshui Sanli, Li Jing and Li Bing, collectively hold 75.03% of the voting rights, indicating a significant level of control [4][5]. - Li Jing, born on October 10, 1966, has held various positions in the company since its inception and currently serves as the Chairman [6][7]. - Li Bing, born on May 4, 1973, has extensive experience in management roles and currently serves as the Vice Chairman and CEO [8][9].
汽车业终于反弹!经济加速修复的广州,后半程动力可期
Nan Fang Du Shi Bao· 2025-04-27 08:17
Economic Overview - Guangzhou's GDP for Q1 reached 753.25 billion yuan, showing a year-on-year growth of 3.0%, indicating a faster recovery compared to last year's 2.1% growth [2] - The automotive industry, despite a 6.4% decline in added value for the quarter, saw a positive turnaround in March with an 11.5% year-on-year increase [2][7] Automotive Industry Performance - GAC Group and XPeng Motors contributed to the automotive industry's recovery, with XPeng delivering 94,008 vehicles in Q1, a 331% increase year-on-year [3][5] - GAC's total vehicle production for Q1 was 411,205 units, a 2.09% increase, while sales fell by 9.42% to 371,087 units [5][6] - GAC's brands, including Honda, Toyota, and Aion, all reported positive production growth rates in Q1 [5][6] Investment Trends - Investment in the automotive manufacturing sector grew by 17.7% in Q1, with the auto parts manufacturing sector continuing to see over 30% growth [7] - Guangzhou's fixed asset investment saw a 10.5% year-on-year increase, with 525 new projects initiated, including 53 projects with planned investments over 1 billion yuan [14] Real Estate Market - Real estate development investment in Guangzhou decreased by 10.8% in Q1, but the consumption side showed signs of stabilization [7][8] - The area of newly signed commercial housing in Q1 was 218.56 million square meters, a 17.7% increase year-on-year [8] Digital Economy Contribution - The digital economy's core industries grew by 6.5% in Q1, contributing 30% to the city's GDP growth [9][11] - Significant growth was observed in internet access services (48.2% increase) and digital content services (28.8% increase) [11] Trade and Logistics - Guangzhou's foreign trade in Q1 reached 294.3 billion yuan, a 17.3% increase, with exports growing by 30.6% [14] - The logistics sector maintained stability, with a 16.2% increase in express delivery volume [12]