Core Viewpoint - CSPI reported strong revenue growth in its fiscal third quarter, driven by the Technology Solutions segment and the AZT PROTECT cybersecurity solution, despite facing margin pressures and a modest net loss [12]. Revenue & Earnings Performances - CSPI generated revenues of $15.4 million for the quarter ended June 30, 2025, an 18% increase from $13.1 million in the same period last year [2]. - Product sales rose 29% to $10.2 million, while service revenues increased marginally to $5.3 million [2]. - Gross profit decreased to $4.5 million from $4.6 million, with margins contracting to 29% from 34% due to a higher mix of product revenues and increased component costs [2]. - The company reported a net loss of $0.3 million, or 3 cents per share, compared to a net loss of $0.2 million, or 2 cents per share, a year earlier [2]. Other Key Business Metrics - The Technology Solutions segment achieved a 20% year-over-year revenue increase, driven by strong demand for cloud services and activity in the maritime sector [3]. - The TS division secured a significant Microsoft Azure project for a Florida-based healthcare provider, highlighting CSPI's strength in managed cloud offerings [3]. High-Performance Products (HPP) - The AZT PROTECT cybersecurity solution saw momentum, with new customer deployments in the steel, concrete, and lumber industries, and follow-up contracts in South Africa [4]. - Management noted that reseller partnerships with leading Rockwell Automation distributors are transitioning from early adoption to revenue acceleration, setting the stage for broader penetration in fiscal 2026 [4]. Management Commentary - CEO Victor Dellovo emphasized a land and expand strategy, where initial deployments of AZT PROTECT serve as proof points for broader rollouts across enterprise networks [5]. - Customers reported measurable operational benefits, such as preventing system outages in critical industrial environments, indicating potential for recurring contracts as the installed base grows [5]. Financial Overview - CFO Gary Levine explained that gross margin pressure was due to product mix and higher costs, while operating expenses increased from higher sales and marketing expenditures [6]. - The company ended the quarter with $26.3 million in cash and continued share repurchases, reflecting financial flexibility despite near-term earnings softness [6]. Factors Influencing Performance - Revenue growth was strong, but profitability was limited by a higher weighting of lower-margin product revenues and additional engineering and consulting expenses for AZT PROTECT [7][8]. - Modest service revenue growth tempered the recurring revenue contribution that typically supports margin stability [8]. Future Outlook - Management expressed optimism for the fourth quarter and fiscal 2025, noting momentum in both TS and HPP segments [10]. - There is accelerating interest from resellers and international partners, which could lead to larger contract opportunities [10]. Other Developments - CSPI was added to the Russell 3000 Index, increasing its exposure to institutional investors [11]. - The company authorized a quarterly dividend of $0.03 per share, reflecting a commitment to shareholder returns [11]. - CSPI repurchased over 19,000 shares for $0.3 million, with additional shares available under the 2021 repurchase program [11].

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]

Core Insights - Unisys Corporation reported a sequential improvement in both revenue and profitability for the second quarter of 2025, driven by strong consumption in License and Support solutions and investments in artificial intelligence capabilities [3][9]. Financial Performance - Total revenue for 2Q25 was $483.3 million, reflecting a 1.1% year-over-year increase and an 11.8% quarter-over-quarter increase [5][9]. - Excluding License and Support (Ex-L&S) revenue was $395.7 million, showing a slight decline of 0.1% year-over-year but a 9.6% increase quarter-over-quarter [5][9]. - License and Support revenue increased by 6.7% year-over-year to $87.6 million [5][9]. - Operating profit margin improved to 6.3%, up 140 basis points year-over-year, while non-GAAP operating profit margin reached 7.6%, an increase of 150 basis points year-over-year [9][6]. Segment Performance - Digital Workplace Solutions (DWS) revenue increased by 4.5% year-over-year to $138.1 million, driven by new business and higher hardware revenue [11]. - Cloud, Applications & Infrastructure Solutions (CA&I) revenue declined by 4.5% year-over-year to $185.2 million, primarily due to lower volume with public sector clients [12]. - Enterprise Computing Solutions (ECS) revenue increased by 7.3% year-over-year to $140.2 million, attributed to software license renewals and higher volume in specialized managed services [13]. Cash Flow and Capital Structure - The company made significant cash contributions of $278.2 million to its global defined benefit pension and postretirement plans during the second quarter, including a discretionary contribution of $250 million to U.S. plans [18][19]. - Unisys extended the maturity of its major debt to 2031, enhancing its liquidity position [3][17]. Guidance and Outlook - The company revised its full-year 2025 revenue growth guidance to flat year-over-year, while raising the non-GAAP operating profit margin guidance to a range of 8.0% to 9.0% [23][9].

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]