Third Quarter 2023 Highlights Total revenue of $1.33 billion, up 16% year over year Service revenue of $868.7 million, up 28% year over year Billings of $1.49 billion, up 6% year over year1 Deferred revenue of $5.29 billion, up 26% year over year GAAP operating income of $303.2 million, up 14% year over year Non-GAAP [...]
Beer Business Medium-Term ~7-9% Net Sales Growth and ~39-40% Operating Margins Outlook Unchanged Wine & Spirits Business Now Expects Medium-Term ~1-3% Net Sales Growth and ~25-26% Operating Margins Company Targeting Annual Low Double-Digit Diluted EPS Growth (Excluding Canopy EIE) Over Medium-Term Expects Cumulative $15-17B Operating Cash Flow and $10-12B Free Cash Flow from Fiscal 2024 [...]
Rueil-Malmaison (France), Nov. 02, 2023 (Korea Bizwire) – Schneider Electric, the global leader in the digital transformation of energy management and automation, announces that subsequent to entering into exclusive negotiations with Atos Group on July 3, 2023 it has finalized the acquisition of EcoAct SAS (“EcoAct”), an international leader in climate consulting and net zero solutions headquartered [...]
London, November 2, 2023 (Korea Bizwire) – “Shell delivered another quarter of strong operational and financial performance, capturing opportunities in volatile commodity markets. We continue to simplify our portfolio while delivering more value with less emissions. Shell is commencing a $3.5 billion buyback programme for the next three months, bringing the buybacks for the second half [...]
Investor Day Announced Upon Achieving Record Margins, Strong Free Cash Flow, and Accelerating Return on Invested Capital PHOENIX, Nov. 01 (Korea Bizwire) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space and storage solutions, today announced third quarter 2023 results and provided [...]
Otis becomes strongest landfalling hurricane on record in this region and the fourth most intense in the nation’s history BOSTON, Nov. 01, 2023 (Korea Bizwire) – Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses to onshore property for Hurricane Otis will likely fall from MXN 50 billion to [...]
LAGOS, Nigeria, Nov. 01, 2023 (Korea Bizwire) – Chapel Hill Denham’s Nigeria Infrastructure Debt Fund (“NIDF” or the “Fund”) has agreed to provide long-term financing to Tizeti Network Limited (“Tizeti” or the “Company”) – West Africa’s pioneer solar-based internet service provider. The senior debt facility will be used to finance the rollout of Tizeti’s state-of-the [...]
Amsterdam, 1st November 2023 (Korea Bizwire) – Azerion, a leading provider of digital advertising solutions, is excited to announce a strategic partnership with Huawei, the leading global tech company. This partnership marks the beginning of an ambitious collaboration between the two companies in various business sectors, including advertising, ad tech, and gaming. As the initial focus [...]
The following is an extract from the “Iveco Group 2023 Third Quarter Results” press release. The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https://www.ivecogroup.com/media/corporate_press_releases or consulting the accompanying PDF: Iveco Group consolidated revenues of €3.8 billion (up 7% year-on-year). Adjusted EBIT of €213 million (up €112 million) and [...]
Freshworks Inc. (NASDAQ: FRSH), a leading software company empowering businesses to delight their customers and employees, today announced financial results for its third quarter ended September 30, 2023. (Image courtesy of Freshworks) Third quarter revenue grew 19% year-over-year Improved business efficiency with $23.9 million in net cash provided by operating activities and $22.1 million of [...]