Three Directors at Snap Inc sold/gave away 1,509,052 shares at between 0.000USD and 15.100USD. The significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ov...
WASHINGTON--(BUSINESS WIRE)-- Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, today reported first-quarter results. The Company’s total revenue of $2.0 billion surpassed prior guidance, on strong execution and demand. First-quarter earnings also exceeded Xylem’s previous guidance. “The team outperformed on all metrics and continued Xylem’s strong momentum, including record first-quarter margins,” said Matthew Pine, Xylem’s president and CEO. “Operational performance was robust on healthy demand across most segm...
In this report, we briefly review six current drivers of SNAP’s direct response (DR) ad revenue growth, and five that could potentially contribute more in 2024. We also preview SNAP’s NewFront presentation tomorrow night, and update our model for last week’s earnings results, which result in our target increasing to $18 from $17 due to higher estimates and a higher target valuation.
Applied Materials Announces Q2 FY2024 Earnings Webcast and CY2023 WFE Market Summary SANTA CLARA, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its second quarter of fiscal 2024 financial results on Thursday, May 16, 2024 at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: . A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. Applied will release its 2023 wafer fab equipment (WFE) market summary in a presentation that will be available on the Applied ...
In this weekend update, we reconsider our initial takes on several events last week and how they could be affected by events this week. Specifically, we look at the interplay of the FCC’s Title II Order, the Second Circuit opinion upholding New York State’s mandate for ISPs to offer low-income households a low-cost broadband offering, Senator Cantwell’s draft spectrum bill, and how all are affected by the end of ACP funding in the next few weeks.
WASHINGTON--(BUSINESS WIRE)-- Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, announced today that it will participate in the following upcoming conferences: Oppenheimer Virtual Industrial Growth Conference, May 7, 2024 – Bill Grogan, Chief Financial Officer and Kristina Lee, Director of Investor Relations, will present and participate in investor meetings. RBC Future of Water Conference, May 16, 2024, New York – Mike McGann, President, Measurement and Control Solutions, and Andrea van der Berg, Vice Presid...
This note focuses mostly on model changes. Please see separate notes reviewing results and on thoughts following the earnings call. We lowered broadband adds, revenue and EBITDA. We also expect leverage to approach 4.25x by the end of the year. This likely rules out further repurchases this year, unless EBITDA is stronger than we expect. No change to thesis, though we expect Broadband stocks to be challenged for at least next few quarters. Price target is $431 (+69%).
What's new: in this note we cover the change to leverage and what it means for management’s confidence in the business, our evolving thoughts on broadband market growth, our outlook for 2Q24 for broadband adds, ARPU, and EBITDA, and thoughts on long-term pricing strategy.
What's new: Revenue and EBITDA in-line; FCF low due to working capital drag (timing); subscriber metrics worse than expected. Leverage down very slightly, as expected. Investors will be very focused on what management says about leverage targets on the call. We don’t have a lot to add on results, at this stage. We touch briefly on the following: Broadband market growth Charter's broadband growth Broadband ARPU growth EBITDA growth FCF and Leverage Lumos overhang
What’s New: In this first take following tonight’s results, we touch on: 1. Broad-based ad growth, and 85% SMB advertiser growth sticks out 2. Engagement metrics hold steady, keeping the biggest risk to the stock at bay 3. Snapchat+ now at 9M subscribers, nicely ahead of our 8.6M estimate for 1Q24 4. My AI and generative AI features lightly highlighted 5. 2024 non-GAAP expense guidance also given for the first time. 6. Timely share repurchases continue as SNAP better manages the share count
Shifting Exposure From Growth to Value Note: This is an abbreviated report (no detailed Sector comments or Russell grids). We will return to our normal report structure next week. While the market remains in consolidation/pullback mode and we are not out of the woods, it is possible that further downside is limited from here on the S&P 500. Since late-February, we have discussed important gap support from 2/22/24 at 4983-5050 on the S&P 500, and that as long as the S&P 500 is above 4983 that b...
What’s New: Ahead of Thursday PM’s earnings report, we review key controversies for SNAP, including: 1. Traction of SNAP’s direct response ad tech changes, and the trajectory of ad revenue growth. 2. Engagement levels in the North America, where deterioration is the most important risk this quarter. Also: can Global DAU growth hold +10%? 3. Flow through of the 10% headcount reduction in 1Q24, both on adjusted EBITDA margins and stock-based compensation. 4. We check in on SNAP’s non-advertising r...
Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica Foundation PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in materials, networking, and lasers, today announced a $500,000 sponsorship of two educational initiatives targeted to increase diversity, equity, and inclusion (DEI) in entrepreneurship, innovation, and advanced technology: the HBCU/MI Entrepreneurship & Innovation initiative by Leadership Needed Foundation and the for Black scientists. The HBCU/MI Entrepreneurship and Innovation initiative b...
Earth Day 2024: Coherent Corp. Announces Milestones in its Sustainability Journey Company Sets a 2040 Net-Zero Goal, Increases Its Renewable Electricity Use to 70%, and Joins the Responsible Business Alliance PITTSBURGH, April 23, 2024 (GLOBE NEWSWIRE) -- In support of Earth Day 2024, Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, announced today that the company is now obtaining approximately 70% of its global electricity needs from renewable energy sources. In total, this represents over 500 million kWh of renewable electricity per year, thereby avo...
WASHINGTON--(BUSINESS WIRE)-- La société espagnole de distribution d'eau Consorci d'Aigües de Tarragona et la société Mingo Aerospace (une entreprise du groupe Sunvair), basée dans l'Oklahoma, ont été reconnues comme des leaders en matière de gestion de l'eau par la société mondiale de technologie de l'eau Xylem (NYSE : XYL). Les prix d'excellence en matière de développement durable décernés par Xylem récompensent les entreprises qui utilisent les technologies de manière innovante pour résoudre les problèmes critiques relatifs à l'eau et faire progresser le développement durable. Leader du s...
WASHINGTON--(BUSINESS WIRE)-- Spanish water utility Consorci d'Aigües de Tarragona and Oklahoma-based Mingo Aerospace (a Sunvair Group Company) have been recognized as leaders in water stewardship by global water technology company, Xylem (NYSE: XYL). Xylem’s Sustainability Excellence Awards celebrate companies using technologies in innovative ways to solve critical water challenges and advance sustainability. A sector leader in sustainability, Xylem is committed to helping customers and communities achieve their environmental goals. Consorci d'Aigües de Tarragona (CAT), winner in the util...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.