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Mawson Infrastructure Group Inc. Announces Monthly Operational Update for February 2024

Retrieved on:

Tuesday, March 19, 2024

Consensus, M/M, Conference, GPU, FTI, Miner, Y/Y, Artificial intelligence, Total, Cryptocurrency

MIDLAND, Pa., March 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for February 2024.

Key Points:

February Self-Mining Business Revenue up 159% Y/Y and up 23% M/M, about $2.56 million
February Co-Location Business Revenue about $2.70 million, represents about 62 MW and 19,400 miners
MIDLAND, Pa., March 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for February 2024.
We are also pleased with the 23% M/M growth in our self-mining business, despite the significant recent increase in network difficulty.
Our core operational, technological, and strategic plans continue to advance with our growing role in the industry and our ecosystem.”
Total monthly revenue increased 141% Y/Y to about $5.42 million and the equivalent of 109 BTC1.
Mawson’s Bellefonte facility continues to operate at approximately 8.8 MW of capacity and is used entirely for self-mining purposes.

Gartner® Names Juniper Networks a Leader in 2024 Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure for Fourth Time in a Row

Retrieved on:

Monday, March 11, 2024

Juniper Networks (NYSE: JNPR), a leader in secure AI-Native Networking, today announced that Gartner, Inc. has named it a Leader in the 2024 Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure for the fourth time in a row.

Key Points:

Juniper Networks (NYSE: JNPR), a leader in secure AI-Native Networking, today announced that Gartner, Inc. has named it a Leader in the 2024 Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure for the fourth time in a row.
In addition, Juniper was once again positioned highest for “Ability to Execute,” a Gartner rating criterion that evaluates vendors on their product/service, market responsiveness and customer experience.
As Gartner explains , “Magic Quadrants offer visual snapshots, in-depth analyses and actionable advice that provide insight into a market’s direction, maturity and participants.
And Juniper’s public customer wins continue to expand across all verticals, with a host of new public success stories, including:

Campus Switch Market Declines 4 Percent as Backlog Normalizes, According to Dell'Oro Group

Retrieved on:

Thursday, March 21, 2024

Wi-Fi, APS, Cisco, Huawei, Point, Y/Y, Telecommunications, Acceleration, Data-rate units, HPE, Network switch, Video game

REDWOOD CITY, Calif., March 21, 2024 /PRNewswire/ -- According to a recent report by Dell'Oro Group, the trusted source for information about the telecommunications, security, networks, and data center industries, 4Q 2023 worldwide Campus Switch sales declined by 4 percent year-over-year (Y/Y), marking the first quarter of decline since 4Q 2020 and signaling the onset of a multi-quarter digestion cycle in the market. Vendor performance was uneven during the quarter. Among the top five vendors, Cisco declined the most and was responsible for the bulk of the market decline. Huawei and Juniper declined modestly, while HPE and H3C grew by double digits.

Key Points:

Among the top five vendors, Cisco declined the most and was responsible for the bulk of the market decline.
Additional highlights from the 4Q 2023 Ethernet Switch – Campus Report:
Regionally, we observed a reversal of the trend seen over the last year.
Meanwhile, China, which experienced sluggish sales in the past few quarters, showed some signs of recovery in the quarter.
This ongoing growth underscores significant improvements in supply, coupled with rising demand stimulated by the increasing adoption of Wi-Fi 6E Access Points (APs).

Broadband Equipment Spending Drops 9 Percent in 2023, According to Dell'Oro Group

Retrieved on:

Thursday, March 14, 2024

Automation, Y/Y, Internet, Hertz, Telecommunications, IEEE 802.11be, PON, Internet service provider

REDWOOD CITY, Calif., March 14, 2024 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, total global revenue for the Broadband Access equipment market decreased to $17.5 B in 2023, down 9 percent year-over-year (Y/Y). Spending on Cable equipment dropped 3 percent overall, though spending on Remote PHY Devices (RPDs) jumped 21 percent, following a 99 percent Y/Y increase in 2022.

Key Points:

Spending on Cable equipment dropped 3 percent overall, though spending on Remote PHY Devices (RPDs) jumped 21 percent, following a 99 percent Y/Y increase in 2022.
"Cable operators continue to modernize their networks through the deployment of Distributed Access Architectures," said Jeff Heynen, Vice President with Dell'Oro Group.
Additional highlights from the 4Q 2023 Broadband Access and Home Networking quarterly report:
Total PON equipment spending was down 7 percent from 2022, driven by a 10 percent decline in spending on PON OLTs.
Spending on Fixed Wireless CPE increased 7 percent in 2023, driven once again by 5G Sub-6 GHz unit shipments in North America.

Record Year for Data Center Physical Infrastructure Market with 16 Percent Growth for 2023, According to Dell'Oro Group

Retrieved on:

Tuesday, March 12, 2024

Growth, Mitsubishi Electric, Vertiv, Thermal management, DCPI, CALA, Y/Y, UPS, Telecommunications, TDP

REDWOOD CITY, Calif., March 12, 2024 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, Data Center Physical Infrastructure (DCPI) revenue growth continued to decelerate in 4Q 2023, but maintained double-digit year-over-year (Y/Y) growth. This capped off a record year of 16 percent revenue growth.

Key Points:

This capped off a record year of 16 percent revenue growth.
"In my nearly decade-long coverage of the DCPI market, 2023 marked the highest year of revenue growth I've observed.
Additional highlights from the 4Q 2023 Data Center Physical Infrastructure Quarterly Report:
Eaton, Munters, and Mitsubishi Electric led all vendors in market share gains in 4Q 2023.
North America, Asia Pacific (excluding China), Europe, and the Middle East and Africa (EMEA) paced market growth in 4Q 2023 with double-digit growth rates.

Technip Energies Full Year 2023 Financial Results

Retrieved on:

Thursday, February 29, 2024

Y/Y, Share repurchase, Traction, Carbon, Growth, Engineering & Technology, Safety, TPS, FY, Trust, Energy, Capture, Renewable energy

Technip Energies (the “Company”), a leading Engineering & Technology company for the energy transition, today announces its unaudited financial results for full year 2023.

Key Points:

Technip Energies (the “Company”), a leading Engineering & Technology company for the energy transition, today announces its unaudited financial results for full year 2023.
I would like to thank our employees and all stakeholders for their dedication, trust and support through this remarkable phase of Technip Energies’ evolution”.
“We posted excellent operating results that reflect a relentless focus on execution and discipline, which strongly endorse our hybrid model.
For this, Technip Energies is the technology and industrial partner of choice.”
“To respond to the scale of the Net Zero challenge, together, we must rise to the challenge of scale.”

Group Financial Results as of December 31st 2023 Approved, Strong Margin Expansion and Excess Cash Generation at € 601 Million, € 500 Million Share Buy-Back Program

Retrieved on:

Thursday, March 7, 2024

Finance, Banking, Professional Services, Other Professional Services, Insurance, Acquisition, International, Y/Y, EV, Total, Shareholder, POS, SIA, Investment, Record, DACH, Partnership, ATM, Culture, Growth, WooCommerce, Overalls, ESG, NetZero, Human, Volume, PwC, ISP, Tax, EPS, Omnichannel, E-commerce, Book, Partner, FX, Cardboard

"In 2023, we have continued our growth journey across all geographies, we have further increased our margins, and significantly accelerated cash generation.

Key Points:

"In 2023, we have continued our growth journey across all geographies, we have further increased our margins, and significantly accelerated cash generation.
In FY23 the Group delivered revenues at € 3,361.7 million, +7.0% versus FY22, and EBITDA at € 1,751.8 million, +10.0% versus FY22.
4Q23 EBITDA was at € 484.1 million, +9.7% versus 4Q22, with EBITDA margin at 53%, up by 139 basis points compared to 4Q22.
In FY23, 18,524 million transactions were processed, +12.6% Y/Y, with value of processed transactions at € 825.3 billion, +7.6% Y/Y.

Salesforce Announces Strong Fourth Quarter Fiscal 2024 Results

Retrieved on:

Wednesday, February 28, 2024

Software, Technology, Artificial Intelligence, Data Management, CFO, Y/Y, Share repurchase, AI, Intelligence, Tax, Growth, GAAP, CRM, EPS, Cardboard

Salesforce (NYSE: CRM), the #1 AI CRM, today announced results for its fiscal fourth quarter and full fiscal year 2024 ended January 31, 2024.

Key Points:

Salesforce (NYSE: CRM), the #1 AI CRM, today announced results for its fiscal fourth quarter and full fiscal year 2024 ended January 31, 2024.
Our total remaining performance obligation ended the fourth quarter at $56.9 billion, an increase of 17% year-over-year.
We’re also thrilled to initiate our first-ever Salesforce dividend and increase our share buyback plan by $10 billion,” said Marc Benioff, Chair & CEO, Salesforce.
“We have had an extraordinary year of transformation and, looking ahead, we remain committed to driving shareholder value.”
Salesforce delivered the following results for its fiscal fourth quarter and full fiscal year:
Revenue: Total fourth quarter revenue was $9.29 billion, an increase of 11% Y/Y and 10% CC.

Zeta Delivers Fourth Consecutive Year of 20%+ Revenue Growth in 2023

Retrieved on:

Tuesday, February 27, 2024

Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points:

Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today announced financial results for the fourth quarter and full year ended December 31, 2023.
Direct platform revenue mix of 73% of total revenue, compared to 70% in 3Q’23, and compared to 75% in 4Q’22.
In September 2023, we announced that we expect to achieve our Zeta 2025 targets early.
Zeta will host a conference call today, Tuesday, February 27, 2024, at 4:30 p.m. Eastern Time to discuss financial results for the fourth quarter and full year 2023.

STAAR Surgical Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on:

Monday, February 26, 2024

Gross profit margin for the fourth quarter of 2023 was 79.6% of total net sales compared to the prior year quarter of 77.7% of total net sales.

Key Points:

Gross profit margin for the fourth quarter of 2023 was 79.6% of total net sales compared to the prior year quarter of 77.7% of total net sales.
Product mix favorably impacted gross margin in the fourth quarter of 2023 as compared to the prior year quarter.
Operating expenses for the fourth quarter of 2023 were $50.3 million compared to the prior year quarter of $48.8 million.
Operating income for the fourth quarter of 2023 was $10.4 million or 13.7% of net sales as compared to $1.0 million or 1.5% of net sales for the fourth quarter of 2022.