Key Takeaways MRVL beat Q3 earnings and revenue estimates as results rose sharply from last year's levels.MRVL's growth was fueled by data center strength and recoveries in enterprise networking and carrier markets.MRVL issued strong Q4 guidance, projecting about $2.20B in revenues and higher non-GAAP EPS.Marvell Technology, Inc. (MRVL) came out with third-quarter fiscal 2026 earnings of 76 cents per share, beating the Zacks Consensus Estimate by 1.3%. The company reported earnings of 43 cents per share a y ...

Core Insights - CDW Corporation has partnered with Asato Corporation to provide AI-powered IT asset intelligence, addressing the complexities of modern IT infrastructures for a wide range of customers, from large enterprises to SMBs [1][9] - The collaboration aims to simplify IT operations, reduce costs, and enhance decision-making through Asato's AI-native business observability platform [2][3] Group 1: Partnership and Platform Benefits - The integration of Asato's platform into CDW's solutions enhances both companies' capabilities, allowing organizations to streamline IT operations and make smarter technology investments [3] - Asato's platform has shown measurable results in pilot deployments, including improved IT asset visibility, reduced technology waste, and enhanced financial planning [4][9] - The partnership provides a direct way for organizations to reduce IT bottlenecks and maximize asset utilization through AI-driven decision-making [5] Group 2: Customer Focus and Market Trends - CDW emphasizes tailored solutions for clients with diverse technology needs, ensuring effective and cost-conscious solutions amid macroeconomic uncertainties [6][8] - A notable project involved migrating a commercial truck manufacturer's HR systems to a cloud-hosted environment, generating over $1 million in professional services fees [7] - Despite cautious spending due to global uncertainties, customers remain focused on mission-critical projects, with CDW assisting in optimizing expenditures and planning [7][8]

Core Viewpoint - AMETEK, Inc. reported mixed financial results for Q1 2025, with earnings per share exceeding estimates while revenue slightly missed expectations, indicating challenges in its largest segment but some growth in another segment [1][3][7]. Financial Performance - Non-GAAP earnings for Q1 2025 were $1.75 per share, surpassing the Zacks Consensus Estimate by 3.6% and reflecting a 7% year-over-year increase [1]. - Total revenue for the quarter was $1.73 billion, which fell short of the Zacks Consensus Estimate by 0.51% and represented a 0.2% decline year-over-year [1][3]. - Operating income increased by 2% year-over-year to $454.8 million, with an operating margin expansion of 60 basis points [4]. Segment Performance - The EIG segment, accounting for 65.9% of total revenue, reported sales of $1.14 billion, down 1% from the previous year and missing the consensus estimate of $1.15 billion [3]. - The EMG segment, which makes up 34.1% of total revenues, saw sales of $588.3 million, up 2% year-over-year and exceeding the consensus estimate of $580 million [3]. Cash Flow and Balance Sheet - As of March 31, 2025, AMETEK had cash and cash equivalents of $399 million, an increase from $373.9 million in the previous quarter [5]. - Operating cash flow for Q1 was $417.5 million, with free cash flow at $394.5 million, indicating a free cash flow to net income conversion rate of 112% [6]. Guidance - For 2025, AMETEK expects overall sales to increase in low single digits compared to 2024, with the Zacks Consensus Estimate at $7.17 billion, reflecting a year-over-year increase of 3.4% [7]. - The company reiterated its adjusted earnings per share guidance in the range of $7.02-$7.18, suggesting a 3-5% increase, with the consensus estimate at $7.13 per share, indicating a year-over-year increase of 4.4% [7].