(RTTNews) - German conglomerate Siemens AG (SIEGY.PK) reported Thursday lower profit in its first quarter, hurt by the absence of prior year's hefty gain, while revenues and orders increased from last year.
(RTTNews) - German conglomerate Siemens AG (SIEGY.PK) reported Thursday lower profit in its first quarter, hurt by the absence of prior year's hefty gain, while revenues and orders increased from last year.
Earnings Call Insights: McGraw Hill (MH) Q3 2026 Management View Simon Allen, Chair of the Board, highlighted momentum and strong quarterly results, stating revenue for the third quarter increased 4.2% year-over-year, driven by higher education. "Recurring revenue grew 14.8% over prior year, representing 82% of total revenue, while digital revenue expanded 11%, representing 84% of total revenue." ...
Earnings Call Insights: McGraw Hill (MH) Q3 2026 Management View Simon Allen, Chair of the Board, highlighted momentum and strong quarterly results, stating revenue for the third quarter increased 4.2% year-over-year, driven by higher education. "Recurring revenue grew 14.8% over prior year, representing 82% of total revenue, while digital revenue expanded 11%, representing 84% of total revenue." Allen noted, "Adjusted EBITDA increased 7.7% versus prior year, yielding a margin of 31.3%." Allen announced his retirement as CEO and President, remaining as Chair. Philip Moyer, the new CEO, introduced his background in technology and education, emphasizing a focus on accelerating growth, scaling the business, and maintaining brand trust. "My focus will be on accelerating growth, scaling our business and maintaining our brand trust and academic integrity, while we build some of the most engaging and exciting learning tools in the world," said Moyer. Allen discussed higher education outperformance with 24% year-over-year revenue growth and a record 30% market share, citing the Evergreen platform and new AI-powered products as key drivers. The company also noted strong engagement metrics, with AI Reader reaching over 1 million higher education students in Q3 and generating 16 million learning interactions in the quarter. Allen described market share gains in K-12 and strong rankings in adoption opportunities. He referenced the launch of new supplemental products and AI-powered solutions, and highlighted successful early wins in California and Florida. "We are ranked first or second in 10 of the top 11 adoption opportunities," Allen stated. Robert Sallmann, CFO, provided a direct quote: "In the quarter, total revenue reached $434 million, growth of 4.2% year-over-year... Recurring revenue grew 14.8% year-over-year to $357 million, representing 82% of total revenue, showcasing a robust digital mix. Digital revenue grew 11% versus last year to $364 million." Outlook Sallmann a...
Ipsen S.A. press release ( IPSEY ): FY Non-GAAP EPS of €12.09. Revenue of €3.68B (+8.1% Y/Y). FY 2025 sales growth of 10.9% at CER, or 8.1% as reported. FY 2025 core operating income of €1,294m, growing by 16.7% as reported, with a core operating margin of 35.2% of total sales, increasing by 2.6 points. Full-year 2026 guidance and mid-term outlook Ipsen has set for FY 2026 the following financial ...
Ipsen S.A. press release ( IPSEY ): FY Non-GAAP EPS of €12.09. Revenue of €3.68B (+8.1% Y/Y). FY 2025 sales growth of 10.9% at CER, or 8.1% as reported. FY 2025 core operating income of €1,294m, growing by 16.7% as reported, with a core operating margin of 35.2% of total sales, increasing by 2.6 points. Full-year 2026 guidance and mid-term outlook Ipsen has set for FY 2026 the following financial guidance: Total sales growth greater than 13.0%, at constant currency. Based on the average level of exchange rates in January 2026, an adverse effect on total sales of around 2% of currencies is expected Core operating margin greater than 35.0% of total sales, which includes additional R&D expenses from anticipated early and mid-stage external-innovation opportunities More on Ipsen S.A. Ipsen S.A. (IPSEY) Presents at 44th Annual J.P. Morgan Healthcare Conference - Slideshow Ipsen rises on FDA breakthrough therapy status for blood cancer therapy Seeking Alpha’s Quant Rating on Ipsen S.A. Historical earnings data for Ipsen S.A. Dividend scorecard for Ipsen S.A.
Citi India CEO, K Balasubramanian, discusses the bank’s India strategy and the opportunities they see across institutional and commercial banking. He speaks with Paul Allen on Bloomberg’s Insight with Haslinda Amin. (Source: Bloomberg)
Citi India CEO, K Balasubramanian, discusses the bank’s India strategy and the opportunities they see across institutional and commercial banking. He speaks with Paul Allen on Bloomberg’s Insight with Haslinda Amin. (Source: Bloomberg)
Samsung Electronics Co. has begun commercial shipments of the latest version of its HBM4 memory chips to an unnamed customer, signaling a strategic lead over its rivals in the high-stakes AI memory market. Samsung’s announcement on Thursday is a major milestone for the company. The chipmaker is racing to satisfy runaway demand for Nvidia Corp. ’s graphics chips — the most advanced accelerators for...
Samsung Electronics Co. has begun commercial shipments of the latest version of its HBM4 memory chips to an unnamed customer, signaling a strategic lead over its rivals in the high-stakes AI memory market. Samsung’s announcement on Thursday is a major milestone for the company. The chipmaker is racing to satisfy runaway demand for Nvidia Corp. ’s graphics chips — the most advanced accelerators for training and operating AI models. Samsung has seen rival SK Hynix Inc. take the technological lead and dominate Nvidia’s orders for high bandwidth memory, an indispensable part for AI accelerators. But in recent months Samsung has closed that gap. Related Story: Samsung Shares Reverse Drop After Executive Touts HBM4 Advantage
Mercedes-Benz Group AG press release ( MBGAF ): FY GAAP EPS of €5.34. Revenue of €132.21B (-9.2% Y/Y). Adjusted EBIT €8.2 billion. Adjusted RoS of 5.0% for Mercedes-Benz Cars, adj. RoS of 10.2% at Mercedes‑Benz Vans and an adj. RoE of 9.7% at Mercedes-Benz Financial Services. Cash generation: Solid free cash flow of €5.4 billion from the industrial business in 2025. FY 2026 Guidance: Group revenue...
Mercedes-Benz Group AG press release ( MBGAF ): FY GAAP EPS of €5.34. Revenue of €132.21B (-9.2% Y/Y). Adjusted EBIT €8.2 billion. Adjusted RoS of 5.0% for Mercedes-Benz Cars, adj. RoS of 10.2% at Mercedes‑Benz Vans and an adj. RoE of 9.7% at Mercedes-Benz Financial Services. Cash generation: Solid free cash flow of €5.4 billion from the industrial business in 2025. FY 2026 Guidance: Group revenue seen at the prior-year level, Group EBIT seen significantly above the previous year’s level and free cash flow of the Industrial Business seen slightly below 2025. Return on Sales adj. Mercedes-Benz Cars seen at 3–5%, Mercedes-Benz Vans 8–10%, Return on Equity adj. at Mercedes-Benz Financial Services 10–12%. Mid-term targets: In the mid-term, Mercedes-Benz Cars sales are seen at approximately 2 million vehicles, including a more than 15% increase in Top-End sales and a doubling of the xEV share. More on Mercedes-Benz Group AG The New Mercedes-Benz CLA Has Great Potential Mercedes: Good Performance, But Now Part Of The Overvaluation Mercedes to pay $150M settlement over diesel scandal Seeking Alpha’s Quant Rating on Mercedes-Benz Group AG Historical earnings data for Mercedes-Benz Group AG
Ratana21/iStock via Getty Images "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” — Charles Mackay In a year in which trillions of dollars have poured into giant tech stocks in search of AI’s promise, scores of well-run, already profitable, and attractively priced businesses have been begging for a...
Ratana21/iStock via Getty Images "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” — Charles Mackay In a year in which trillions of dollars have poured into giant tech stocks in search of AI’s promise, scores of well-run, already profitable, and attractively priced businesses have been begging for attention. Yet we are confident the mega-cap momentum party won’t last forever and encouraged by the fact that interest in small value is building as the market is broadening out. In the fourth quarter, the Russell 2000® Value Index returned 3.26%, outpacing the 2.66% gains for the S&P 500. As a result of the year-end rally, small stocks nearly pulled even with large caps in 2025, marking their best relative performance since the pandemic. Part of this is due to strengthening fundamentals and earnings. Profit growth for small companies is on track to surpass that of large caps for the first time in 13 quarters. We believe this trend is likely to continue as the Federal Reserve lowers interest rates and as the regulatory backdrop improves — both factors that have historically benefited emerging businesses more than giant multinationals. In 2025, the total cost of regulations, as a percentage of GDP, fell by 0.24% after climbing consistently over the past two decades, according to data compiled by the American Action Forum. Another factor contributing to the broadening market is valuations. There are signs that investors are finally beginning to appreciate how attractively priced small stocks are. In the past quarter, for example, four of our Strategy’s holdings were taken private, raising our take-out total to 14 over the past year. However, just 10% of companies account for more than 75% of the market’s overall capitalization, so concentration is likely to persist (see the chart below). But this reminds us of the observations of the 19th century Scottish writer Charles Macke...
Maximusnd/iStock via Getty Images The following segment was excerpted from the Baron Opportunity Fund Q4 2025 Shareholder Letter. P ortfolio Structure We invest in secular growth and innovative businesses across all market capitalizations, with the bulk of the portfolio landing in the large-cap zone. Morningstar categorizes the Fund as U.S. Large Growth. As of the end of the fourth quarter, the la...
Maximusnd/iStock via Getty Images The following segment was excerpted from the Baron Opportunity Fund Q4 2025 Shareholder Letter. P ortfolio Structure We invest in secular growth and innovative businesses across all market capitalizations, with the bulk of the portfolio landing in the large-cap zone. Morningstar categorizes the Fund as U.S. Large Growth. As of the end of the fourth quarter, the largest market cap holding in the Fund was $4.5 trillion and the smallest was $500 million. The median market cap of the Fund was $46.3 billion, and the weighted average market cap was $1.4 trillion. To end the quarter, the Fund had $1.8 billion of assets under management. We had investments in 46 unique companies. The Fund’s top 10 positions accounted for 61.6% of net assets. Top 10 holdings Quarter EndMarket Cap($B) Quarter EndInvestment Value($M) Percent ofNet Assets(%) NVIDIA Corporation 4,532.0 229.4 12.8 Space Exploration Technologies Corp. 800.0 158.4 8.8 Microsoft Corporation 3,594.4 122.8 6.8 Broadcom Inc. 1,641.0 114.3 6.4 Amazon.com , Inc. 2,467.5 112.1 6.2 Tesla, Inc. 1,495.7 107.6 6.0 Spotify Technology S.A. 121.1 76.9 4.3 Meta Platforms, Inc. 1,664.1 72.3 4.0 Eli Lilly and Company 1,016.0 63.5 3.5 X.AI Holdings Corp. 230.0 50.3 2.8 Click to enlarge Recent Activity Top net purchases for the quarter Quarter EndMarket Cap ($B) Net AmountPurchased ($M) Axon Enterprise, Inc. 44.8 17.1 On Holding AG 15.3 14.7 HeartFlow, Inc. 2.5 9.8 Oracle Corporation 626.8 8.1 Spotify Technology S.A. 121.1 5.7 Click to enlarge We recently initiated a position in Axon Enterprise, Inc. ( AXON ) , a leading public-safety technology company providing taser, body camera, drone, and other hardware solutions alongside robust cloud, digital evidence management, real-time operations, and AI-driven software offerings. Founded by current CEO Rick Smith in 1993, Axon started as a taser company and now has a near monopoly on the product across law enforcement officers nationally. Step by step, Ri...