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"This Better Not Be A Prank": The Internet Is Collectively Freaking Out About Pepsi's Latest Product Launch

"This Better Not Be A Prank": The Internet Is Collectively Freaking Out About Pepsi's Latest Product Launch

Buzz Feed22-07-2025
If you've walked into any grocery store in the past year, you're probably well aware that prebiotic sodas have been dominating the industry lately as a "gut-friendly" fiber-packed alternative to traditional soda.
According to the consulting firm, Future, the prebiotic soda market was valued at 262 million USD in 2024, with global sales expected to grow 7.6% in the next 10 years.
The latest player to hop into the game is none other than Pepsi with its new Prebiotic Colas.
But this isn't Pepsi's first dip into the alternative soda trend. In March of this year, they acquired Poppi, a popular prebiotic soda brand. PepsiCo's US Beverages CEO, Ram Krishnan, said that the acquisition "represents a compelling strategic fit within our short- and long-term vision for the future of beverages."
It seems like the long-term vision has been realized with their newest launch, which comes in Original Cola and Cherry Vanilla flavors with 3 grams of prebiotic fiber, 5 grams of cane sugar, 30 calories, and no artificial sweeteners.
Regarding the launch, Krishnan said, "Pepsi Prebiotic Cola represents the next leap forward in giving consumers choice, optionality, and functional ingredients in their cola experience." The brand hopes to still deliver the same Pepsi taste consumers know and love with a little gut-friendly twist.
Pepsi
It's safe to say Pepsi fans are pretty psyched.
The Prebiotic Colas come in single 12-ounce cans and 8-packs and will be available online this fall and in stores early 2026.
Pepsi
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X-FAB Second Quarter 2025 Results
X-FAB Second Quarter 2025 Results

Business Wire

time8 minutes ago

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X-FAB Second Quarter 2025 Results

TESSENDERLO-HAM, Belgium--(BUSINESS WIRE)--Regulatory News: X-FAB (BOURSE:XFAB): Highlights Q2 2025: Revenue was USD 215.3 million, up 5% year-on-year (YoY) and up 5% quarter-on-quarter (QoQ) Excluding the impact from revenue recognized over time (IFRS 15), revenue was USD 218.3 million, well above the guided range of USD 200-210 million Bookings at USD 207.2 million reflecting again a strong sequential increase of 19% QoQ EBITDA at USD 51.6 million, up 7% YoY and up 4% QoQ EBITDA margin of 24.0%; excluding IFRS 15 impact, EBITDA margin was 24.3%, compared to the guidance of 22.5-25.5% EBIT was USD 21.7 million, down 6% YoY and up 2% QoQ Outlook: Q3 2025 revenue is expected to come in within a range of USD 215-225 million with an EBITDA margin in the range of 22.5% and 25.5%. The guidance is based on an average exchange rate of 1.17 USD/Euro and does not take into account the impact of IFRS 15. X-FAB upgrades its FY 2025 guidance, projecting annual revenue in the range of USD 840-870 million, with an anticipated EBITDA margin between 24% and 27%. Revenue breakdown per quarter: in millions of USD Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q2 y-o-y growth Automotive 135.3 151.8 135.6 142.4 146.0 128.6 135.4 143.4 1% Industrial 53.7 54.3 52.6 34.4 31.5 36.1 39.3 47.2 37% Medical 17.0 16.4 14.5 13.2 12.1 16.5 13.8 15.1 14% Subtotal core business 206.1 222.5 202.6 190.1 189.6 181.2 188.6 205.7 8% 92.2% 92.8% 92.6% 93.7% 92.9% 92.1% 93.2% 94.2% CCC 1 17.2 17.2 16.0 12.6 14.2 15.1 13.6 12.2 -4% Others 0.2 0.1 0.1 0.1 0.1 0.5 0.2 0.4 Revenue* 223.5 239.8 218.7 202.8 204.0 196.8 202.3 218.3 8% Impact from revenue recognized over time 10.4 -2.0 -2.6 2.3 2.4 -8.0 1.8 -3.0 Total revenue 233.8 237.7 216.2 205.1 206.4 188.8 204.1 215.3 5% 1 Consumer, Communications & Computer Expand in millions of USD Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q2 y-o-y growth CMOS 180.5 188.4 168.3 166.2 175.0 170.8 173.4 185.1 11% Microsystems 24.4 27.9 24.1 25.1 21.6 20.2 22.9 25.3 1% Silicon carbide 18.6 23.5 26.3 11.6 7.4 5.8 6.0 7.9 -31% Revenue* 223.5 239.8 218.7 202.8 204.0 196.8 202.3 218.3 8% Impact from revenue recognized over time 10.4 -2.0 -2.6 2.3 2.4 -8.0 1.8 -3.0 Total revenue 233.8 237.7 216.2 205.1 206.4 188.8 204.1 215.3 5% Expand Business development In the second quarter of 2025, X-FAB recorded revenues of USD 215.3 million, up 5% year-on-year and up 5% quarter-on-quarter. Excluding the impact from revenue recognized over time in the amount of USD -3.0 million, quarterly revenue was USD 218.3 million, which is well above the guidance of USD 200-210 million. Second quarter revenue in X-FAB's core markets – automotive, industrial, and medical – was at USD 205.7 million*, up 8% year-on-year and up 9% quarter-on-quarter, representing a share of 94%* of total revenue. 2025 is progressing more favorably than initially anticipated, and X-FAB upgrades its full-year revenue guidance to USD 840-870 million, up from the previous range of USD 820-870 million. Order intake has increased strongly for two consecutive quarters, with second-quarter bookings reaching USD 207.2 million, up 19% from the previous quarter. As X‑FAB's business is no longer constrained by capacity and factory cycle times have shortened, customers place orders later than usual and more frequently at short notice, resulting in a reduced visibility. The backlog for the second quarter amounted to USD 412.9 million, compared to USD 386.7 million at the end of the previous quarter. In the second quarter, automotive revenue totaled USD 143.4 million*, up 1% year-on-year and up 6% sequentially, mainly driven by EV-related applications. Industrial revenue came in at USD 47.2 million*, recording a strong growth of 37% year-on-year and 20% quarter-on-quarter. The highly fragmented industrial end-market is picking up again. X-FAB's industrial business also benefited from increased demand following the last-time-buy announcement for some of X‑FAB's 150mm CMOS technologies, as well as from revenue generated by prototyping new customer projects. X-FAB's medical business recorded a quarterly revenue of USD 15.1 million*, up 14% year-on-year and up 9% quarter-on-quarter. Growth in the second quarter was mainly driven by medical-grade contactless temperature sensors. In the second quarter, X-FAB reported a sequential increase in revenue across all technologies for the second consecutive quarter. The year-on-year revenue growth in the second quarter was primarily related to an 11%* rise in CMOS revenue. Microsystems revenue increased by 1%* compared to the previous year, while silicon carbide (SiC) revenue decreased by 31%* year-on-year. The gradual recovery of X-FAB's SiC business is not fully reflected in the evolution of the top line. Sequentially, SiC revenue rose by 32%*, while the number of SiC wafers produced grew by more than 60% quarter-on-quarter. This is due to the greater proportion of SiC raw wafers being supplied to X-FAB by its customers, which results in lower total billing since there is less pass-through for substrates sourced directly by X-FAB. During the first half of 2025, X-FAB started production of more SiC wafers in its factory in Texas than it did throughout all of 2024, primarily due to demand from data center applications. Quarterly prototyping revenue was USD 21.0 million*, down 1% year-on-year and up 30% quarter-on-quarter. The achievement of key milestones in customer-specific microsystems projects has significantly contributed to the strong increase compared to the previous quarter. Prototyping and production revenue* per quarter and end market: in millions of USD Revenue Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Automotive Prototyping 7.6 9.3 8.9 4.7 5.1 Production 134.8 136.7 119.7 130.8 138.2 Industrial Prototyping 8.9 8.2 9.6 8.8 12.1 Production 25.5 23.3 26.5 30.5 35.2 Medical Prototyping 2.0 3.0 2.3 1.5 1.8 Production 11.2 9.1 14.2 12.3 13.2 CCC Prototyping 2.5 3.0 2.6 1.1 1.7 Production 10.2 11.3 12.6 12.5 10.5 Expand Operations update The end of the second quarter marks the completion of X-FAB's three-year program to expand manufacturing capacities across the Group. Main focus in the first half of the year was on equipping the new clean room in Kuching, Malaysia. All equipment has been delivered and is at different stages of installation and qualification. A number of tools and machines have successfully completed qualification, allowing for a phased ramp-up of X‑FAB's 180nm CMOS production from the third quarter onward. The expansion provides sufficient capacity to serve current and future customer demand for this popular technology, which is key to supporting X-FAB's CMOS and microsystems business going forward. Capital expenditures in the second quarter amounted to USD 53.7 million, reflecting a 47% decline from the previous quarter. For the first half of 2025, capital expenditures totaled USD 155.5 million, coming in slightly lower than expected due to the deferral of some expenditures to the second half of the year. The full-year capital expenditure projection remains unchanged at USD 250 million. Financial update Second quarter EBITDA was USD 51.6 million with an EBITDA margin of 24.0%. Excluding the impact from revenues recognized over time, the EBITDA margin for the second quarter would have been 24.3%, within the guided range of 22.5-25.5%. Profitability remains unaffected by exchange rate fluctuations as X-FAB's business is naturally hedged. At a constant USD/Euro exchange rate of 1.08 as experienced in the previous year's quarter, the EBITDA margin would have been at the same level. For the financial result in the second quarter X-FAB recorded a loss of USD 17.4 million, which includes an unrealized foreign exchange effect totaling USD -17.2 million (non-cash), primarily related to the reevaluation of Euro-denominated debt. Cash and cash equivalents at the end of the second quarter amounted to USD 157.7 million, nearly unchanged from the previous quarter. Management comments Rudi De Winter, CEO of X-FAB Group, said: 'We are presenting a solid set of results for the second quarter and expect this positive trend to continue in the second half of the year. I am particularly pleased about the above-average order intake for our microsystems business. It stands for highly complex applications that help to save lives – in the medical sector or by improving road safety. 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Forward-looking statements are statements regarding or based upon our management's current intentions, beliefs or expectations relating to, among other things, X-FAB's future results of operations, financial condition, liquidity, prospects, growth, strategies, or developments in the industry in which we operate. By their nature, forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results or future events to differ materially from those expressed or implied thereby. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements contained in this press release regarding trends or current activities should not be taken as a report that such trends or activities will continue in the future. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless legally required. You should not place undue reliance on any such forward-looking statements, which speak only as of the date of this press release. The information contained in this press release is subject to change without notice. No re-report or warranty, express or implied, is made as to the fairness, accuracy, reasonableness, or completeness of the information contained herein and no reliance should be placed on it. Condensed consolidated statement of profit and loss Amounts in the financial tables provided in this press release are rounded to the nearest thousand except when otherwise indicated, rounding differences may occur. *excluding impact from revenue recognized over time in accordance with IFRS 15 Expand Condensed consolidated statement of financial position Expand Condensed consolidated statement of cash flows Condensed consolidated statement of cash flows – con't *excluding impact from revenue recognized over time according to IFRS 15

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Bavarian Nordic Announces Closing of Sale of Priority Review Voucher and Upgrades its 2025 Financial Guidance
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Yahoo

timean hour ago

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