Tag: annual profit
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Australia’s Telstra posts 3.2% rise in annual profit, unveils further $706 million buyback
Aug 13 : Australia’s Telstra Group announced an additional share buyback of up to A$1 billion ($705.90 million) on Thursday and reported a 3.2 per cent rise in annual profit, driven by growth in its mobile business and higher customer spending.The telecom firm posted attributable profit of A$2.24 billion for
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Cognizant lifts annual profit forecast on strong financial services growth
July 29 : Cognizant Technology on Wednesday raised its annual adjusted profit forecast after recording strong growth in its financial services business and continued operating margin expansion in the second quarter, even as enterprises remained cautious about discretionary spending. Shares of the company wer
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Xylem raises annual profit forecast as AI growth lifts demand for water-treatment equipment
July 28 : Xylem on Tuesday raised its 2026 profit forecast after its second-quarter results beat Wall Street estimates, as cost savings and price increases boosted profitability amid strengthening AI infrastructure demand.Shares of the company rose more than 2 per cent in premarket trading.• The wate
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Teledyne lifts annual profit forecast, tops quarterly results estimates
July 22 : Teledyne Technologies on Wednesday raised its 2026 profit forecast as demand remained robust at its digital imaging, instrumentation as well as aerospace and defense segments.Shares of the sensing-systems maker, which also reported better-than-expected quarterly profit and revenue, rose nearly 3 per
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UK’s Raspberry Pi lifts annual profit forecast on strong first-half results
June 5 : Single-board computing company Raspberry Pi on Friday raised its full-year 2026 profit forecast, saying strong AI-related demand was expected to result in adjusted core profit “significantly ahead” of market expectations for the year.The company expects first-half core profit of at least $38 million,
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