Core Insights - Nebius Group N.V. reported a first-quarter 2025 adjusted net loss of $92.5 million, which is 19% wider than the loss of $77.6 million from the previous year [1] - The company's revenues increased significantly by 385% year over year to $55.3 million, primarily driven by growth in its core artificial intelligence (AI) business [1] Business Overview - Nebius operates an AI cloud platform designed for intensive workloads, supported by in-house developed software and hardware, with R&D hubs in Europe, North America, and Israel [2] - The company has distinct brands, including Avride for autonomous driving technology and TripleTen, a leading edtech platform for tech career reskilling [2] Financial Performance - The adjusted EBITDA loss for the first quarter was $62.6 million, an improvement from the $70.9 million loss in the same quarter last year [4] - Sales, general, and administrative expenses rose by 29% year over year to $66.1 million [4] - As of March 31, 2025, the loss from operations was $129.5 million, compared to a loss of $82.9 million in the prior year [4] Balance Sheet and Cash Flow - As of March 31, 2025, Nebius had $1,447 million in cash and cash equivalents, down from $2,449.6 million as of December 31, 2024 [5] Future Outlook - The company is optimistic about its momentum heading into the second quarter of 2025, reaffirming its full-year ARR guidance of $750 million to $1 billion and overall revenue guidance of $500 million to $700 million [6] - Although adjusted EBITDA is expected to remain negative for the full year, Nebius aims to achieve positive adjusted EBITDA in the second half of 2025 [6] - The capital expenditure forecast for 2025 has been raised to approximately $2 billion from the previous estimate of $1.5 billion [7] Market Performance - Nebius currently holds a Zacks Rank 3 (Hold) and its shares have surged 66.6% over the past six months, outperforming the Zacks Internet - Software and Services industry's growth of 26.2% [8]

Simulations Plus, Inc. (SLP) bolstered its flagship quantitative systems toxicology (QST) platform with the launch of DILIsym 11. This new release advances drug-induced liver injury (DILI) prediction, with cutting-edge features like pediatric representation and an enhanced T-cell model, solidifying Simulations Plus’s commitment to improving drug safety and patient outcomes.DILIsym 11 introduces several powerful enhancements to extend its predictive reach and improve simulation accuracy. The enhanced version ...

Core Viewpoint - Blackbaud, Inc. reported strong first-quarter 2025 results with non-GAAP EPS of 96 cents, exceeding estimates and showing a year-over-year increase, despite a decline in total revenues due to the divestiture of EVERFI [1][2]. Financial Performance - Non-GAAP EPS for Q1 2025 was 96 cents, surpassing the Zacks Consensus Estimate by 6.7% and increasing 3.2% year over year [1]. - Total revenues decreased 3.1% year over year to $270.7 million, primarily due to the divestiture of EVERFI, but still exceeded the Zacks Consensus Estimate by 0.9% [1][2]. - GAAP recurring revenue declined 2.8% to $264.1 million, accounting for 97.6% of total revenue [2]. - Non-GAAP organic revenues increased by 5.8% on a reported basis and 5.9% on a constant-currency basis year over year [4]. - Non-GAAP gross margin was 61.2%, slightly down from 61.4% a year ago, while total operating expenses fell 4.9% to $135.4 million [4]. Profitability Metrics - GAAP operating margin increased by 370 basis points to 7.5%, and non-GAAP operating margin rose by 270 basis points to 28.6% [5]. - Non-GAAP adjusted EBITDA margin was reported at 34.3% [5]. Balance Sheet and Cash Flow - As of March 31, 2025, total cash and equivalents were $456.6 million, down from $809.5 million at the end of 2024, while total debt increased to $1.2 billion from $1.1 billion [6]. - Cash provided by operating activities was $1.4 million, a significant decrease from $64.6 million in the prior-year quarter, with non-GAAP adjusted free cash outflow of $12.3 million compared to a free cash flow of $51.3 million in the previous year [7]. Share Buyback and Future Outlook - Blackbaud repurchased around 4% of its outstanding shares in Q1 2025, aligning with its plan to buy back 3% to 5% of shares [9]. - The company reaffirmed its 2025 guidance, projecting GAAP revenues between $1.115 billion and $1.125 billion, with non-GAAP adjusted EBITDA margin expected in the range of 34.9-35.9% [10][11]. Recent Developments - Blackbaud has been actively supporting disaster relief efforts and showcased innovations in corporate giving at the YourCause Corporate Social Impact Summit [12]. - The company introduced Blackbaud Integrated Payments, enhancing its payment processing capabilities [13]. - Blackbaud also launched Optimized Donation Forms for users in Canada and published its 2024 Trends in Giving report [14].

ANSYS, Inc. (ANSS) reported first-quarter 2025 earnings of $1.64 per share, which missed the Zacks Consensus Estimate by 6.3%. The bottom line, however, increased 18% year over year.Revenues of $504.9 million missed the Zacks Consensus Estimate by 4.6%. The top line grew 8.2% year over year on a reported basis and 9.9% on a constant currency (cc) basis. The rise was driven by solid growth in maintenance, service and subscription lease revenues.In January 2024, Ansys and Synopsys announced a $35 billion acqu ...

Core Insights - Cadence Design Systems (CDNS) reported strong first-quarter 2025 results, with non-GAAP EPS of $1.57, exceeding estimates by 5.4% and showing a year-over-year increase of 34.2% [1] - Revenues reached $1.242 billion, surpassing estimates by 0.3% and increasing 23% year over year, driven by robust demand for solutions [2] Financial Performance - The company ended the quarter with a backlog of $6.4 billion and current-remaining performance obligations of $3.2 billion, indicating stable customer investment in next-generation designs [3] - Management upgraded its 2025 revenue outlook to $5.15-$5.23 billion, reflecting an 11.8% growth from the previous year, with non-GAAP EPS expected between $6.73 and $6.83, a 12.2% increase [5] Segment Performance - Product & Maintenance revenues, accounting for 89.5% of total revenues, rose 21.7% year over year to $1.11 billion, while Services revenues increased 36.5% to $131 million [6] - Core EDA, Intellectual Property (IP), and Systems Design & Analysis contributed 71%, 14%, and 15% to total revenues, respectively, with the Systems Design & Analysis segment seeing a 50% revenue increase [7] Strategic Developments - The Cadence.ai portfolio is gaining traction, with over 1000 tapeouts year to date and a partnership expansion with NVIDIA to enhance AI solutions [4] - Recent acquisitions, including BETA CAE and Secure-IC, are expected to bolster the company's offerings in design and IP solutions [9][10][11] Margin and Cash Flow - Non-GAAP gross margin contracted slightly to 88.4%, while non-GAAP operating margin expanded to 41.7% [12] - The company generated an operating cash flow of $487 million and free cash flow of $464 million, with plans for $175 million in share repurchases in the second quarter [14] Outlook - For Q2 2025, revenues are estimated between $1.25-$1.27 billion, with non-GAAP EPS anticipated between $1.55 and $1.61 [16][17] - The company expects to utilize at least 50% of its free cash flow for share repurchases in 2025 [15]