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Wipro Limited (WIT) Q2 2026 Press Conference Call Transcript
Seeking Alpha· 2025-10-17 09:19
PresentationNisha ChandrasekaranManager of External Communications Welcome, everyone, to our Kodathi campus. For those of us who are joining virtually, good morning, good afternoon, good evening. We will begin the press conference for Wipro's second quarter earnings. My name is Nisha Chandrasekaran. I'm part of the external communications team, and I will be your moderator for today. Joining me on stage is our Chief Financial Officer, Aparna Iyer; our Chief Executive Officer and Managing Director, Srini Pal ...
X @Bloomberg
Bloomberg· 2025-10-17 03:05
Infosys, Wipro's strong earnings numbers strike an optimistic note in investors, despite India's shaky economy. Read for free with your email on what could move markets today https://t.co/jy158t5Ak5 ...
General Dynamics’ (GD) 28-Year Dividend Growth Streak Makes it a Must-Buy Dividend Stock
Yahoo Finance· 2025-10-17 01:15
General Dynamics Corporation (NYSE:GD) is included among the 12 Must-Buy Dividend Stocks to Invest in. General Dynamics’ (GD) 28-Year Dividend Growth Streak Makes it a Must-Buy Dividend Stock General Dynamics Corporation (NYSE:GD) stands among the top US military shipbuilders and is a key supplier of tanks and armored vehicles for the Army. Alongside its manufacturing operations, the company runs one of the largest defense-oriented IT and services divisions, which helps provide stable revenue e ...
NETCLASS TECHNOLOGY INC Announces Updated Earnings Results for the First Half of Fiscal Year 2025
Globenewswire· 2025-10-16 20:30
SINGAPORE and HONG KONG, Oct. 16, 2025 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC (Nasdaq: NTCL; the “Company” or “NetClass”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today corrected its unaudited condensed consolidated financial results previously announced on September 30, 2025. The financial results have not been reviewed by an independent certified public accountant for the six months ended March 31, 2025. Financial Highlights for th ...
HPE Named a Leader in 2025 Gartner® Magic Quadrant™ for Infrastructure Platform Consumption Services
Businesswire· 2025-10-16 20:15
HOUSTON--(BUSINESS WIRE)--HPE a Leader in the Gartner® Magic Quadrant™ for Infrastructure Platform Consumption Services, positioned Highest in Execution and Furthest in Vision. ...
A Look Into Infosys Inc's Price Over Earnings - Infosys (NYSE:INFY)
Benzinga· 2025-10-16 18:00
In the current session, Infosys Inc. (NYSE:INFY) is trading at $16.05, after a 2.34% decrease. Over the past month, the stock fell by 8.62%, and in the past year, by 28.68%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. A Look at Infosys P/E Relative to Its CompetitorsThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry a ...
Infosys: A Quality Name, But The Price Already Knows It (NYSE:INFY)
Seeking Alpha· 2025-10-16 17:01
It’s been a little over two years since I last wrote about Infosys Limited (NYSE: INFY ), an Indian company that provides IT services and consulting. At that time, I rated the stock asI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure:I/we have no stock, option or similar deriva ...
Infosys: A Quality Name, But The Price Already Knows It
Seeking Alpha· 2025-10-16 17:01
It’s been a little over two years since I last wrote about Infosys Limited (NYSE: INFY ), an Indian company that provides IT services and consulting. At that time, I rated the stock asI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure:I/we have no stock, option or similar deriva ...
RMD secures precision positioning contract in Sweden
Yahoo Finance· 2025-10-16 16:26
Railway Metrics and Dynamics (RMD) has been awarded a contract to supply a precision positioning service to the Swedish Transport Administration (Trafikverket) for railway vehicles. The framework agreement, which is estimated at an annual rental value of Skr10.5m ($1.11m), will enable the administration to access continuous real-time positioning data from locomotives operating across Sweden. Under the agreement, RMD will provide a service package covering product supply, installation, communications, man ...
Wipro(WIT) - 2026 Q2 - Earnings Call Transcript
2025-10-16 14:30
Financial Data and Key Metrics Changes - IT services revenue for Q2 FY 2026 was $2.6 billion, with a sequential growth of 0.3% in constant currency and a year-on-year decline of 2.6% [6][18] - Adjusted operating margin for the quarter was 17.2%, an improvement of 0.4% compared to the same period last year [6][19] - Net income and EPS grew by 1% year on year, while operating cash flows remained higher than net income at 104% for Q2 [23] Business Line Data and Key Metrics Changes - Americas One grew 0.5% sequentially and 5% year on year, while Americas Two declined 2% sequentially and 5% year on year [20] - Europe reported a sequential growth of 1.4% but a year-on-year decline of 10.2% [21] - APMEA grew 3.1% sequentially and 2.6% year on year, with strong performance in India, Australia, and Southeast Asia [21] - BFSI sector showed sequential growth of 2%, driven by Europe and APMEA [85] Market Data and Key Metrics Changes - The healthcare sector is undergoing structural changes, impacting performance, but remains a strong performer for the company [9][88] - Consumer, energy, and manufacturing sectors are facing tariff uncertainties, leading to reevaluation of supply chains [9] Company Strategy and Development Direction - The company is focusing on AI adoption and vendor consolidation as key strategies for growth [9][10] - Wipro Intelligence, a unified suite of AI-powered platforms, is being introduced to enhance client capabilities [13][14] - The company aims to maintain operational discipline while converting a strong backlog into revenue [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in future growth, particularly in BFSI, as large deals begin to ramp up [30][31] - The company anticipates a sequential IT services revenue growth of -0.5% to +1.5% in constant currency for Q3 [16][24] - Management acknowledged headwinds from large deal ramp-ups and seasonal factors affecting Q3 performance [35] Other Important Information - The Harman Digital Transformation Solutions acquisition is expected to close in the upcoming quarter, but revenues from this acquisition are not included in current guidance [24] - The company is actively investing in growth, which may pressure margins in the short term [19][35] Q&A Session Summary Question: Thoughts on deal to revenue conversion and future growth - Management noted that large deal wins in BFSI are expected to ramp up in Q3, contributing to future growth [28][29] Question: Margin outlook and transition costs - Management indicated that while there are headwinds from large deals, operational improvements and currency fluctuations have positively impacted margins [32][34] Question: Sustainability of year-on-year growth in line with peers - Management expressed confidence in sustaining growth, focusing on executing deal wins and maintaining a robust pipeline [50][52] Question: Clarity on renewal deals and their impact - Management clarified that renewal deals are a mix of renewals and expansions, with some deflationary pressures expected [95][96] Question: Impact of bankruptcy on revenue - Management confirmed that there was no impact on Q2 revenue from the bankruptcy provision made [99]