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Opinion: Businesses must consider the EU’s Data Act now or risk falling behind
Yahoo Finance· 2025-10-01 15:19
The highly anticipated EU Data Act came into force on 11 January 2024, with most provisions applying from 12 September 2025. Yet despite this long lead time, many businesses remain unaware of how the Act will reshape the EU's data economy and impact foreign companies operating in the region. Today, businesses cannot escape the importance of data, and the legislation will put a clear emphasis on fairness, innovation and accessibility in real-time data usage. The Act presents an opportunity to access valuab ...
Globe closes P5B term loan facility with Bank of Commerce
The Manila Times· 2025-09-12 01:03
Group 1 - Globe Telecom, Inc. has closed a term loan facility of P5 billion with Bank of Commerce to support capital expenditures and debt refinancing [1] - The loan will be utilized for capital expenditures (CAPEX), debt refinancing, and other general corporate requirements [1] - Globe's capex guidance for the full year 2025 is below $1 billion, indicating ongoing investments to enhance its network and meet the demand for digital services [2]
Sify Digital Services announces the appointment of Industry leader, Som Satsangi as Independent Director on the Board
Globenewswire· 2025-08-20 12:53
Core Insights - Sify Digital Services Limited has appointed Mr. Som Satsangi as an Independent Director on its Board, bringing extensive experience from his previous role at Hewlett Packard, India [1][2] Company Overview - Sify Digital Services is a subsidiary of Sify Technologies Limited, focusing on IT and digital solutions, with a strong emphasis on cloud services to meet the evolving ICT needs of businesses [5][6] - The company operates state-of-the-art Data Centers and has the largest MPLS network in India, catering to a diverse clientele including start-ups, SMEs, and large enterprises [6][7] Leadership and Expertise - Mr. Som Satsangi has over 40 years of experience in the technology sector and has been instrumental in expanding HPE's presence in India, emphasizing customer success and innovation [2][3] - His leadership roles in various industry forums, including AMCHAM and the World Economic Forum, highlight his influence in shaping technology policies and initiatives [3] Strategic Vision - The Chairman of Sify, Mr. Raju Vegesna, expressed confidence that Mr. Satsangi's insights into the technology landscape will enhance Sify's IT service capabilities [4] - Mr. Satsangi aims to leverage his experience to support Sify's Board and Senior Management in driving digital transformation and leadership development [4]
Telus International (TIXT) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-08-01 12:55
Core Viewpoint - Telus International reported quarterly earnings of $0.06 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, but down from $0.16 per share a year ago, indicating a 20% earnings surprise [1][2] Financial Performance - The company achieved revenues of $699 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.93%, compared to $652 million in the same quarter last year [2] - Over the last four quarters, Telus International has exceeded consensus EPS estimates two times and topped revenue estimates four times [2] Stock Performance - Telus International shares have declined approximately 3.8% since the beginning of the year, contrasting with the S&P 500's gain of 7.8% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.09 for the upcoming quarter and $0.32 for the current fiscal year, with revenues projected at $675.26 million and $2.71 billion respectively [7] - The Zacks Rank for Telus International is currently 4 (Sell), indicating expectations of underperformance in the near future [6] Industry Context - The Internet - Software industry, to which Telus International belongs, is currently ranked in the top 31% of over 250 Zacks industries, suggesting a favorable environment for stocks in this sector [8]
Schlumberger: A Strong Buy For Value And Income Investors
Seeking Alpha· 2025-07-20 11:13
Core Viewpoint - Schlumberger is a leading company in the oilfield services industry, offering a diverse range of services including well construction, reservoir performance, digital services, and well management. The company has experienced a decline in oil prices and stock value in recent months, which may present strategic buying opportunities for investors [1]. Group 1: Company Overview - Schlumberger (NYSE: SLB) is recognized as a world leader in the oilfield services sector [1]. - The company provides a wide array of services that cater to various aspects of oilfield operations [1]. Group 2: Market Performance - Recent trends indicate that both oil prices and Schlumberger's stock have drifted lower in recent months [1]. - The company has recently reported its earnings, which could influence investor sentiment and market positioning [1].
Sify reports Consolidated Financial Results for Q1 FY 2025-26
Globenewswire· 2025-07-18 12:10
Core Insights - The company reported revenues of INR 10,723 million, reflecting a 14% increase year-over-year, and EBITDA of INR 2,111 million, an 18% increase compared to the same quarter last year [8][12] - The company experienced a loss for the period amounting to INR 389 million, with a loss before tax of INR 322 million [8][12] - The management emphasized India's potential in IT transformation and digital infrastructure, highlighting significant investments in technology and cloud adoption [4][5] Financial Performance - Revenue for the quarter was INR 10,723 million, up from INR 9,421 million in the same quarter last year [12] - EBITDA increased to INR 2,111 million from INR 1,784 million year-over-year [12] - The company incurred a loss after tax of INR 389 million, compared to a loss of INR 52 million in the same quarter last year [12][16] Business Highlights - The revenue split for the quarter was 41% from Network Services, 37% from Data Center Services, and 22% from Digital Services [11] - The company commissioned 8.6 MW of additional Data Center capacity during the quarter [11] - Sify has expanded its service network to 1,159 fibre nodes, a 10% increase from the same quarter last year [11] Management Commentary - The Chairman noted that India is poised to lead in digital transformation, driven by government initiatives and a vibrant innovation ecosystem [4][5] - The Group CFO reiterated the commitment to cost efficiency and fiscal discipline while navigating a complex business environment [6][7] Customer Engagements - Notable new contracts included services for a global IT leader, a large private bank, and various multinational companies across sectors such as healthcare, logistics, and financial services [10][11]
Alma Media (0DJN) Earnings Call Presentation
2025-07-17 09:30
Financial Performance (FY 2024) - Alma Media's revenue reached 313 million EUR, with 84% from digital business[2] - Adjusted operating profit was 77 million EUR, representing a 25% margin[2] - Return on Equity (ROE) was 23%, and Return on Investment (ROI) was 15%[2] - The equity ratio stood at 49%, and a dividend of 0.46 EUR per share was distributed[2] Financial Performance (Q2 2025) - Revenue grew by 4.5% to 83.7 million EUR[9] - Adjusted operating profit increased by 8.9% to 21.1 million EUR, with a margin of 25.2%[9] - Digital business accounted for 86.2% of total revenue[10] Strategic Transformation - Alma Media is undergoing a digital transformation, with digital revenue reaching 85% of the total[19, 21] - The company has invested over 200 million EUR in digital transformation and growth[15] - The company is actively divesting heavily print-based businesses or businesses with low profitability[17] Segment Performance (Q2 2025) - Alma Career's revenue was 27.0 million EUR, with an EBIT of 11.4 million EUR and an EBIT margin of 42.2%[96] - Alma Marketplaces' revenue was 29.2 million EUR, with an EBIT of 8.4 million EUR and an EBIT margin of 28.8%[96] - Alma News Media's revenue was 27.5 million EUR, with an EBIT of 4.6 million EUR and an EBIT margin of 16.8%[96]
Unity Bank Expands Branch Network with Opening of New Location in Madison, New Jersey
Globenewswire· 2025-06-20 12:00
Core Viewpoint - Unity Bank is expanding its community banking presence with the opening of a new branch in Madison, NJ, bringing the total number of branches to 22, thereby enhancing its retail banking footprint in New Jersey and Pennsylvania [3][6]. Group 1: Branch Expansion - The new 2,000-square-foot branch features onsite parking, drive-up banking, and a full-service ATM, aimed at providing a seamless and convenient banking experience for customers [4]. - The branch previously operated under another bank and is being updated to meet Unity Bank's high standards for a welcoming environment [4]. Group 2: Leadership and Management - Linda Kemper, Vice President/Area Manager, leads the new branch sales team, bringing extensive experience in community banking and a strong dedication to customer service [5]. Group 3: Financial Performance - Unity Bank manages approximately $2.6 billion in total assets and holds $2.0 billion in deposits, reflecting its commitment to providing exceptional financial services tailored to retail, corporate, and small business customers [7]. Group 4: Company Overview - Unity Bancorp, Inc. (NASDAQ: UNTY) is the parent company of Unity Bank, which operates 22 branches across New Jersey and the Lehigh Valley, Pennsylvania, offering community-focused commercial banking services [8].
Compared to Estimates, Korn/Ferry (KFY) Q4 Earnings: A Look at Key Metrics
ZACKS· 2025-06-18 14:31
Group 1 - Korn/Ferry reported revenue of $712.05 million for the quarter ended April 2025, a year-over-year increase of 3.1% [1] - The EPS for the same period was $1.32, compared to $1.26 a year ago, representing a surprise of +4.76% over the consensus estimate [1] - The reported revenue exceeded the Zacks Consensus Estimate of $688.94 million by +3.35% [1] Group 2 - Total Executive Search fee revenue was $227 million, surpassing the estimated $206.26 million, reflecting a year-over-year increase of +14.2% [4] - Overall fee revenue was $712.05 million, compared to the average estimate of $688.94 million, indicating a +3.1% change year over year [4] - Digital fee revenue was $91.63 million, slightly below the average estimate of $91.65 million, with a year-over-year change of +0.4% [4] - Consulting fee revenue was $169.36 million, exceeding the estimated $167.62 million, but showing a year-over-year decline of -7% [4] Group 3 - Korn/Ferry's shares have returned -3.3% over the past month, while the Zacks S&P 500 composite increased by +0.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Unlocking Q4 Potential of Korn/Ferry (KFY): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-06-13 14:15
Core Insights - Korn/Ferry (KFY) is expected to report quarterly earnings of $1.26 per share, indicating no change from the previous year [1] - Analysts forecast revenues of $688.94 million, representing a decrease of 0.3% year over year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, reflecting analysts' reassessment of projections [1] Revenue Projections - Analysts estimate 'Fee Revenue - Total Executive Search' at $206.26 million, indicating a year-over-year increase of 3.8% [4] - The combined estimate for 'Fee Revenue' is projected to be $688.94 million, suggesting a decrease of 0.3% year over year [4] - 'Fee Revenue - Digital' is expected to reach $91.65 million, reflecting a change of 0.4% from the prior-year quarter [4] - 'Fee Revenue - Consulting' is anticipated to be $167.62 million, indicating a year-over-year decline of 8% [5] Market Performance - Over the past month, Korn/Ferry shares have recorded a return of 0.8%, compared to the Zacks S&P 500 composite's return of 3.6% [5] - Korn/Ferry holds a Zacks Rank 5 (Strong Sell), suggesting it may underperform the overall market in the upcoming period [5]