Forecasting

OSI Systems Reports Fiscal 2023 Second Quarter Financial Results

Retrieved on: 
Thursday, January 26, 2023
Other Defense, Hardware, Technology, Defense, Security, Health Technology, Homeland Security, Engineering, Aerospace, Manufacturing, Health, Public Policy, Government, EPS, Capital expenditure, Acquisition, Table, GAAP, Webcast, OSI, Forecasting, 1,000,000, Growth, OSI Systems, Cryptocurrency, Video game, Bank

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the three and six months ended December 31, 2022.

Key Points: 
  • OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced its financial results for the three and six months ended December 31, 2022.
  • Given our significant backlog and pipeline of opportunities, we anticipate strong revenue and adjusted earnings growth for the balance of fiscal 2023.”
    For the second quarter of fiscal 2023, the Company reported revenues of $295.6 million, a 7% increase compared to the $276.7 million reported for the second quarter of fiscal 2022.
  • Net income for the second quarter of fiscal 2023 was $16.4 million, or $0.96 per diluted share, compared to net income of $19.8 million, or $1.09 per diluted share, for the second quarter of fiscal 2022.
  • Non-GAAP net income for the second quarter of fiscal 2023 was $20.4 million, or $1.19 per diluted share, compared to non-GAAP net income for the second quarter of fiscal 2022 of $23.2 million, or $1.28 per diluted share.

Neustar Wins Juniper Research Future Digital Award for Best Robocall Mitigation Solution for Second Consecutive Year

Retrieved on: 
Thursday, January 26, 2023
Software, Mobile, Wireless, Networks, Internet, Technology, Other Communications, Digital Marketing, Security, Marketing, Advertising, Communications, Other Technology, Telecommunications, ECC, Organization, Neustar, Enterprise, Telco, Fraud, Association of Media in Digital Awards, Gold Award, Ecosystem, Risk, Forecasting, TransUnion, Heart, Crime, Inc., BCD, Cryptocurrency

Neustar Inc., a TransUnion company , has been named a winner in Juniper Research's Future Digital Awards for Telco Innovation 2023 .

Key Points: 
  • Neustar Inc., a TransUnion company , has been named a winner in Juniper Research's Future Digital Awards for Telco Innovation 2023 .
  • Neustar received a Gold Award for “Best Robocall Mitigation Solution” in the Security & Fraud Innovation category for its Enterprise Certified Caller (ECC) solution.
  • “We’re honored to have been recognized two years in a row by Juniper Research in the ‘Best Robocall Mitigation Solution’ category,” said James Garvert, senior vice president of communications solutions for Neustar, a TransUnion Company.
  • Neustar received the highest accolade possible—a Platinum Award—for “Best Robocall Mitigation Solution” in the Security & Fraud Innovation category for its Branded Call Display (BCD) service.

NETSCOUT Reports Third Quarter Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, January 26, 2023
Professional Services, Security, Data Analytics, Technology, Software, 5G, Networks, EPS, Organization, Patent, The Connect World Tour (2018), Acceleration, ASR, NTCT, Deep packet inspection, ID, Acquisition, Table, EBITDA, Disclosure, GAAP, Total, DPI, Singhal, Forecasting, Amazon, Share repurchase, Amazon Web Services, Depreciation, NBA Rookie of the Year Award, Cryptocurrency, Management, Bank, Video game, Security (finance), Arms industry

NETSCOUT’s income from operations (GAAP) was $63.8 million in the third quarter of fiscal year 2023, compared with $55.5 million in the third quarter of fiscal year 2022.

Key Points: 
  • NETSCOUT’s income from operations (GAAP) was $63.8 million in the third quarter of fiscal year 2023, compared with $55.5 million in the third quarter of fiscal year 2022.
  • The Company’s operating margin (GAAP) was 23.7% in the third quarter of fiscal year 2023, versus 21.2% in the same period of fiscal year 2022.
  • Second, NETSCOUT repaid $150 million of its outstanding debt balance under its revolving credit facility during the first quarter of fiscal year 2023.
  • NETSCOUT will host a conference call to discuss its third-quarter fiscal year 2023 financial results today at 8:30 a.m.

Jifflenow––Leader in B2B Meeting Scheduling––Achieves Impressive Growth with Return of In-person Events

Retrieved on: 
Thursday, January 26, 2023
Marketing, Communications, Technology, Software, Digital Marketing, Cloud, Personalized marketing, VMworld, ROI, Investment, Small intestinal bacterial overgrowth, AWS, Shetty, Region, Forecasting, Growth, B2B, RSNA, MWC, Abraxis BioScience, Risk management, Video game

Jifflenow , the premier B2B meeting automation software company, today announced rapid growth led by tremendous year-over-year performance with the resurgence of in-person and hybrid events.

Key Points: 
  • Jifflenow , the premier B2B meeting automation software company, today announced rapid growth led by tremendous year-over-year performance with the resurgence of in-person and hybrid events.
  • This trajectory highlights significant market opportunity as B2B in-person events bounce back and fast-growing enterprises shift to an increased focus on strategic face-to-face meetings that drive business growth.
  • That’s why, with the return of in-person B2B events in 2022, enterprise companies re-entered the fray with gusto, using Jifflenow’s eEvent software to achieve optimal ROI at significantly more in-person B2B events than in 2021.
  • “As attendance at in-person events pick up, along with the evolving strategic investment companies make in events, so too will the demand for Jifflenow’s automated solution to booking, managing, and analyzing B2B engagements.”

Hexcel Reports 2022 Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, January 25, 2023
Other Transport, Other Defense, Air, Engineering, Transport, Automotive Manufacturing, Aerospace, Manufacturing, Defense, Public expenditure, EPS, Hexcel, Capital expenditure, Airbus, ID, Wind, NYSE, Carbon, Capital, Boeing, Sale, Research, Forecasting, Absorption, A350, MAX, Space Defense Center, Airbus A320neo family, Growth, Recreation, Share repurchase, Airbus A350, Corporation, Airline, Video game, Cryptocurrency

Across our global footprint, the Hexcel team is focused on innovation and operational excellence to continue to drive shareholder value.”

Key Points: 
  • Across our global footprint, the Hexcel team is focused on innovation and operational excellence to continue to drive shareholder value.”
    Sales in the fourth quarter of 2022 were $429.4 million compared to $360.3 million in the fourth quarter of 2022.
  • Other Commercial Aerospace increased 44.6% for the fourth quarter of 2022 compared to the fourth quarter of 2021.
  • Gross margin for the fourth quarter of 2022 was 23.1% compared to 19.2% in the fourth quarter of 2021 as higher sales volume drove favorable operating leverage.
  • As a percentage of sales, selling, general and administrative and R&T expenses for the fourth quarter of 2022 were 12.3% compared to 12.2% for the fourth quarter of 2021.

Telecoming Acknowledged with Juniper Research's Telco Innovation Award 2023

Retrieved on: 
Wednesday, January 25, 2023
Other Professional Services, Telecommunications, Artificial Intelligence, Software, Finance, Banking, Professional Services, Data Management, Digital Cash Management, Digital Assets, Technology, Mobile, Wireless, Entertainment, Other Sports, Fintech, Data Analytics, Sports, Mobile Entertainment, Apps, Applications, Carriers and Services, DNA, Gold, DCB, Forecasting, Direct carrier billing, Analytics, Heart, Sportech, Network equipment provider, Mobile phone, Ethio telecom

Telecoming, a sportech company specializing in mobile entertainment services, has been recognized by Juniper Research as the best DCB (Direct Carrier Billing) solution in the Telco Innovation Awards 2023.

Key Points: 
  • Telecoming, a sportech company specializing in mobile entertainment services, has been recognized by Juniper Research as the best DCB (Direct Carrier Billing) solution in the Telco Innovation Awards 2023.
  • This award places Telecoming at the heart of the digital transformation of telecommunications companies.
  • “Innovation is in our DNA, and this award encourages us to continue innovating in the sportech developments of Direct Carrier Billing.
  • Sam Barker, Juniper Research Head of Analytics & Forecasting explained, “Juniper Research has recognized Telecoming’s technology as this year’s Gold Winner for Best Carrier Billing Solution.

MSCI Partners with Google Cloud to Build a Secure Global Investment Data Platform in the Cloud

Retrieved on: 
Wednesday, January 25, 2023
Software, Networks, Finance, Consulting, Banking, Data Management, Professional Services, Technology, Cloud, Google Cloud, Noise, NYSE, Natural language processing, Acquisition, EXPRESS, BigQuery, Research, Risk, Forecasting, NLP, Document, Document AI, Climate, Growth, Machine learning, Cryptocurrency, Risk management, MSCI

Built natively on Google Cloud, the investment data platform will help MSCI create solutions designed to better serve its clients, including asset managers, asset owners, banks, corporates, insurers, and wealth managers.

Key Points: 
  • Built natively on Google Cloud, the investment data platform will help MSCI create solutions designed to better serve its clients, including asset managers, asset owners, banks, corporates, insurers, and wealth managers.
  • By having consistent data, MSCI can more easily innovate its suite of solutions and unlock insights at speed.
  • Additionally, Google Cloud will provide MSCI with geospatial analytics tools, like Earth Engine and BigQuery Geospatial , to help quantify physical and transition climate risk metrics across securities, geographies, and markets.
  • We enable customers to analyze structured and unstructured data in one system, and unify data lakes, data warehouses, and machine learning into a single platform,” said Thomas Kurian, CEO of Google Cloud.

Extreme Networks Announces CFO Transition

Retrieved on: 
Wednesday, January 25, 2023
Data Management, Security, Technology, Software, Networks, Artificial Intelligence, Internet, CFO, WalletHub, Conversation, Financial condition report, Security (finance), Head, Economics, Finance, Mathematics, Result, Acquisition, University, Ipanema, Forecasting, Growth, Micro Focus, Woman, Bachelor of Arts in Organizational Psychology, Aerohive Networks, WIN, Cryptocurrency, Management, Analysis, Extreme

(Nasdaq: EXTR), a leader in cloud networking, today announced that its CFO, Rémi Thomas, has accepted a position at a privately held software company and will resign from his position at Extreme.

Key Points: 
  • (Nasdaq: EXTR), a leader in cloud networking, today announced that its CFO, Rémi Thomas, has accepted a position at a privately held software company and will resign from his position at Extreme.
  • Extreme has initiated a search for a CFO with the assistance of a leading executive search firm.
  • Senior Vice President and head of Financial Planning & Analysis, Cristina Tate, will take over as interim CFO.
  • “I want to personally thank Rémi for his leadership at Extreme and helping oversee major milestones such as our acquisition and integration of both Aerohive Networks and Ipanema.

Ermenegildo Zegna Group Ends FY 2022 With Strong Revenue1 Growth in Line With Strategic Plan

Retrieved on: 
Wednesday, January 25, 2023
Luxury, Textiles, Department Stores, Other Retail, Specialty, Manufacturing, Fashion, Footwear, Retail, Paris Fashion Week, Thom Browne, NYSE, Acquisition, Cash, Textile, Capital market, Partnership, FY, COVID, Collection, GAAP, Samsung C&T Corporation, Growth, Real Madrid CF, Shoe, Oasi Zegna, EBIT, Brand, Milan Fashion Week, Investment, Nature, CFX, Webcast, GCR, Environment, COVID-19, DTC, 3Q, MEA, Adidas, CET, Greater China, Forecasting, Elder, Tax, Video game, Film industry, Pharmaceutical industry, Risk management, Wool, Cryptocurrency, Samsung, Adjustment, Euro, Zegna

Revenues at constant currency (“cFX”)4 grew 11.0% and declined 2.9% in FY 2022 and 4Q 2022, respectively.

Key Points: 
  • Revenues at constant currency (“cFX”)4 grew 11.0% and declined 2.9% in FY 2022 and 4Q 2022, respectively.
  • All of these are strong steps towards realizing our long-term vision for the Group.”
    Excluding the GCR, global revenues showed significant growth for both 4Q 2022 and FY 2022, at 24.7% and 42.0% year-over-year, respectively.
  • Revenue growth was especially strong in the U.S., even with a particularly strong comparison base in 4Q 2021, reaching 26.1% year-over-year for 4Q 2022 and 53.5% year-over-year for FY 2022.
  • In 4Q 2022, Zegna Group generated revenues of €407 million, a 0.5% year-over-year decrease, bringing total revenues for FY 2022 to €1,493 million, up 15.5% year-over-year.

CoreLogic Appoints Selma Hepp to Chief Economist Role at CoreLogic

Retrieved on: 
Wednesday, January 25, 2023
Professional Services, Data Analytics, Residential Building & Real Estate, Insurance, Commercial Building & Real Estate, Construction & Property, Consulting, National Association of Realtors, Public policy, United States Secretary of Housing and Urban Development, National Association, Housing, Selma, Ecosystem, Research, Business intelligence, U.S. Department of Defense Strategy for Operating in Cyberspace, CoreLogic, Intelligence, Forecasting, Economist, Knowledge, Multimedia, New Zealand Women of Influence Awards, Management, Compass, Trulia

CoreLogic ® announced today that Selma Hepp has been appointed as Chief Economist.

Key Points: 
  • CoreLogic ® announced today that Selma Hepp has been appointed as Chief Economist.
  • Selma was named interim chief economist in July 2022.
  • View the full release here: https://www.businesswire.com/news/home/20230125005071/en/
    Prior to her interim role, Hepp served as an executive of research and insights in the Office of the Chief Economist.
  • Patrick Dodd, President & CEO of CoreLogic said, “We are thrilled to have Selma as our newly appointed Chief Economist.