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Verizon Earnings: Very Good Quarter, But Only On The Surface
Seeking Alpha· 2025-07-22 16:41
Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors. He graduated from the London School of Economics and is interested in finding reasonably priced businesses with sustainable long-term competitive advantages.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of t ...
Inside Information: Nokia lowers 2025 operating profit guidance due to currency
Globenewswire· 2025-07-22 16:00
Nokia CorporationInside information22 July 2025 at 19:00 EESTInside Information: Nokia lowers 2025 operating profit guidance due to currency Nokia lowers its comparable operating profit guidance range to EUR 1.6 billion to EUR 2.1 billion from EUR 1.9 billion to EUR 2.4 billion. Adjustment relates to currency headwinds from the weaker USD and tariffs. Reports preliminary Q2 financial results of approximately EUR 4.55 billion net sales and EUR 0.3 billion comparable operating profit. Espoo, Finland – Nokia ...
Inside Information: Nokia lowers 2025 operating profit guidance due to currency
GlobeNewswire News Room· 2025-07-22 16:00
Nokia CorporationInside information22 July 2025 at 19:00 EESTInside Information: Nokia lowers 2025 operating profit guidance due to currency Nokia lowers its comparable operating profit guidance range to EUR 1.6 billion to EUR 2.1 billion from EUR 1.9 billion to EUR 2.4 billion. Adjustment relates to currency headwinds from the weaker USD and tariffs. Reports preliminary Q2 financial results of approximately EUR 4.55 billion net sales and EUR 0.3 billion comparable operating profit. Espoo, Finland – No ...
Anterix Sets First Quarter Fiscal 2026 Earnings Conference Call for Wednesday, August 13, at 9:00 a.m. ET
Globenewswire· 2025-07-22 15:30
WOODLAND PARK, N.J., July 22, 2025 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX) announced today that it will hold a conference call on Wednesday, August 13, 2025, at 9:00 a.m. ET. Anterix senior management, led by President and CEO Scott Lang, will discuss the Company's first quarter fiscal 2026 results. A press release regarding the results will be issued after the close of the market on Tuesday, August 12, 2025. Participants interested in joining the call’s live question and answer session are required to p ...
AOI Quantum Bandwidth Networking Products Certified for Deployment by Charter Communications
Globenewswire· 2025-07-21 20:10
SUGAR LAND, Texas, July 21, 2025 (GLOBE NEWSWIRE) -- Applied Optoelectronics Inc. (NASDAQ: AAOI), a leading provider of HFC and advanced optical networking products that power the internet, today announced it completed testing and received certification from Charter Communications, for plans to deploy its 1.8GHz amplifiers and QuantumLink™ remote management software. Together, AOI is helping Charter progress its network evolution project with the deployment of extended spectrum DOCSIS (ESD). With the latest ...
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]