Latest news with #Analysis
Yahoo
23-05-2025
- Business
- Yahoo
Digital Turbine to Report Q4 Earnings: What's in Store for the Stock?
Digital Turbine APPS is set to report fourth-quarter fiscal 2025 results on May Zacks Consensus Estimate for fiscal fourth-quarter earnings is pegged at 5 cents per share, unchanged over the past 30 days. This indicates a decline of 58.33% from the year-ago quarter's reported earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 281.67%. (See the Zacks Earnings Calendar to stay ahead of market-making news.)Let us see how things have shaped up for the upcoming announcement. Digital Turbine, Inc. price-eps-surprise | Digital Turbine, Inc. Quote Digital Turbine is expected to have benefited from strong international On-Device Solutions ('ODS') momentum in the fourth quarter of fiscal 2025, following a 100% year-over-year revenue surge in the third quarter, driven by robust advertiser demand and improved execution. This sustained increase, particularly in international markets, is likely to have contributed to higher revenues per device and overall top-line Turbine is expected to have realized growth through its expanding global device partnerships, which boosted international revenue per device. Stronger ties with Motorola MSI, Nokia NOK and T-Mobile US TMUS helped grow its reach and user engagement across more company has been focused on expanding and deepening its device footprint. Despite soft device sales in the United States, the company has made notable progress internationally through partnerships with Motorola, Nokia, ONE Store, Xiaomi and Telecom Italia Brazil. Additionally, its recently announced partnership with T-Mobile in the United States, alongside continued collaboration with Motorola and Nokia, is expected to have supported growth in the to-be-reported quarter by enhancing scale and platform the migration from waterfall to SDK bidding is anticipated to have negatively impacted Digital Turbine's fourth-quarter fiscal 2025 performance. This transition to more brand-focused AI and machine learning has disrupted the legacy performance of Demand-Side Platforms (DSPs), which has likely contributed to a slowdown in exchange softness in U.S. device volumes is expected to have pressured the company in the upcoming quarter. While international markets have shown robust growth, the persistent weakness in U.S. device sales is expected to have offset market opportunities and monetization efforts in the quarter under review. Digital Turbine currently has a Zacks Rank #3 (Hold).You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nokia Corporation (NOK) : Free Stock Analysis Report Motorola Solutions, Inc. (MSI) : Free Stock Analysis Report T-Mobile US, Inc. (TMUS) : Free Stock Analysis Report Digital Turbine, Inc. (APPS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
08-05-2025
- Business
- Associated Press
MAG Silver Reports First Quarter Financial Results
VANCOUVER, British Columbia, May 08, 2025 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) ('MAG', or the 'Company') announces the Company's unaudited consolidated financial results for the three months ended March 31, 2025 ('Q1 2025'). For details of the unaudited condensed interim consolidated financial statements of the Company for the three months ended March 31, 2025 ('Q1 2025 Financial Statements') and management's discussion and analysis for the three months ended March 31, 2025 ('Q1 2025 MD&A'), please see the Company's filings on the System for Electronic Document Analysis and Retrieval Plus ('SEDAR+') at ( ) or on the Electronic Data Gathering, Analysis, and Retrieval ('EDGAR') at ( ). All amounts herein are reported in thousands of United States dollars ('US$') unless otherwise specified (C$ refers to thousands of Canadian dollars). KEY HIGHLIGHTS (on a 100% basis unless otherwise noted) CORPORATE EXPLORATION JUANICIPIO RESULTS All results of Juanicipio in this section are on a 100% basis, unless otherwise noted. Operating Performance The following table and subsequent discussion provide a summary of the operating performance of Juanicipio for the three months ended March 31, 2025 and 2024, unless otherwise noted. During Q1 2025, a total of 347,467 tonnes of ore were mined. This represents an increase of 7% over Q1 2024. Increases in mined tonnages at Juanicipio have been driven by access to the full strike length of the deposit and the operational ramp-up of the mine towards steady state mining and milling targets. Mining rates for the quarter were 4,009 tonnes per day ('tpd'). During Q1 2025, a total of 337,017 tonnes of ore were processed through the Juanicipio plant. The 3% increase over Q1 2024 is mainly due to approximately 3% increase in availability of the Juanicipio processing plant, currently operating at or above nameplate per operating day, during 2025. The silver head grade and equivalent silver head grade for the ore processed in Q1 2025 were 430 g/t and 660 g/t (Q1 2024: 476 g/t and 713 g/t). The higher silver and lower base metal head grades in Q1 2024 were the result of processing ore from higher levels of the mine, characterized by elevated silver grade, compared to deeper areas in Q1 2025. Silver metallurgical recovery during Q1 2025 was 96% (Q1 2024: 89%) reflecting the commencement of commercial pyrite and gravimetric concentrate production during Q2 2024 delivering incremental silver and gold recovery paired with ongoing optimizations in the processing plant. The following table provides a summary of the total cash costs and all-in sustaining costs ('AISC') of Juanicipio for the three months ended March 31, 2025, and 2024. The cash cost per silver ounce sold1 and cash cost per equivalent silver ounce sold1 for the three months ending March 31, 2025 were negative $0.91/oz and $8.50/oz (three months ended March 31, 2024: $2.50/oz and $8.66). The decrease in cash cost per silver ounce sold1 is predominantly attributable to higher by-product revenues, as a result of higher realized metal prices (mainly 44% higher gold and 16% higher zinc prices). Additionally, the lower cash cost per silver ounce sold1 and cash cost per equivalent silver ounce sold1 were impacted by 8% lower production cost and 11% lower treatment and refining costs. The all-in sustaining cost per ounce sold1 and all-in sustaining cost per equivalent silver once sold1 for the three months ended March 31, 2025 were $2.04/oz and $10.64/oz (three months ended March 31, 2024: $6.11/oz and $11.22/oz). The decrease in all-in sustaining cost per ounce sold1 and all-in sustaining cost per equivalent silver once sold1 was primarily due to the decrease in cash cost per silver ounce sold1 and cash cost per equivalent silver ounce sold1 described above. Additionally, the lower all-in sustaining cost per ounce sold1 and all-in sustaining cost per equivalent silver once sold1 were impacted by 14% lower sustaining capital expenditures and 28% lower general and administrative expenses. Financial Results The following table presents excerpts of the financial results of Juanicipio for the three months ended March 31, 2025 and 2024. Sales increased by $51,546 during the three months ended March 31, 2025, due to 37% higher realized metal prices and $1,125 lower treatment and refining charges driven mainly by updated favorable benchmark treatment and refining pricing terms. Production costs decreased by $3,124 mainly due to lower mining costs ($3,357) driven by lower labour, contractors and materials costs. Depreciation decreased by $1,455 impacted by an increase in updated reserve base (yearly assessment) for the purpose of units of production depreciation calculation. Cash operating margin (gross profit plus depreciation divided by sales) increased from 70% to 81%, mainly due to positive commodity price movements, lower treatment and refining costs and reduced operating costs. Other expenses decreased by $5,091 mainly as a result of lower consulting and administrative expenses ($1,186), lower interest expense ($3,900) as Juanicipio reduced its outstanding shareholder loans balance by $209,920 over the course of 2024, and positive foreign exchange differences ($2,029) offset by higher selling costs and other duties ($2,023) which were impacted by higher metal prices and the commencement of commercial pyrite concentrate production during Q2 2024. Taxes increased by $24,091 mainly due to higher taxable profits generated during Q1 2025. Gross Profit from Ore Processed at Juanicipio Plant (100% basis) Sales and treatment charges are recorded on a provisional basis and are adjusted based on final assay and pricing adjustments in accordance with the offtake contracts. MAG FINANCIAL RESULTS – THREE MONTHS ENDED MARCH 31, 2025 As at March 31, 2025, MAG had working capital of $136,962 (December 31, 2024: $160,113) including cash of $156,401 (December 31, 2024: $162,347) and no long-term debt. As well, as at March 31, 2025, Juanicipio had working capital of $178,853 including cash of $130,573 (MAG's attributable share is 44%). The Company's net income for the three months ended March 31, 2025 amounted to $28,744 (March 31, 2024: $14,895) or $0.28/share (December 31, 2023: $0.14/share). MAG recorded its 44% income from equity accounted investment in Juanicipio of $33,864 (March 31, 2024: $19,244) which included MAG's 44% share of net income from operations as well as loan interest earned on loans advanced to Juanicipio (see above for a discussion of MAG's share of income from its equity accounted investment in Juanicipio). NON-IFRS MEASURES The following table provides a reconciliation of cash cost per silver ounce of Juanicipio to production cost of Juanicipio on a 100% basis (the nearest IFRS Accounting Standards measure) as presented in the notes to the Q1 2025 Financial Statements. The following table provides a reconciliation of all-in sustaining costs of Juanicipio to production cost and various operating expenses of Juanicipio on a 100% basis (the nearest IFRS Accounting Standards measure), as presented in the notes to the Q1 2025 Financial Statements. For the three months ended March 31, 2025, the Company incurred corporate G&A expenses of $4,786 (three months ended March 31, 2024: $3,755), which exclude depreciation expense. For the three months ended March 31, 2025, the Company's attributable silver ounces sold were 1,752,346 (three months ended March 31, 2024: 1,757,630) and attributable equivalent silver ounces sold were 2,409,103 (three months ended March 31, 2024: 2,475,862), resulting in additional all‐in sustaining cost for the Company of $2.73/oz (three months ended March 31, 2024: $2.14/oz) and $1.99/oz (three months ended March 31, 2024: $1.52/oz), in addition to Juanicipio's all-in-sustaining costs presented in the above table. The following table provides a reconciliation of EBITDA and Adjusted EBITDA attributable to the Company based on its economic interest in Juanicipio to net income (the nearest IFRS Accounting Standards measure) of the Company per the Q1 2025 Financial Statements. All adjustments are shown net of estimated income tax. The following table provides a reconciliation of free cash flow of Juanicipio to its cash flow from operating activities on a 100% basis (the nearest IFRS Accounting Standards measure), as presented in Note 5 of the Q1 2025 Financial Statements. Qualified Persons: All scientific or technical information in this press release including assay results referred to, mineral resource estimates and mineralization, if applicable, is based upon information prepared by or under the supervision of, or has been approved by Gary Methven, Vice President, Technical Services and Lyle Hansen, Geotechnical Director; both are 'Qualified Persons' for purposes of National Instrument 43-101, Standards of Disclosure for Mineral Projects. About MAG Silver Corp. MAG Silver Corp. is a growth-oriented Canadian mining and exploration company focused on advancing high-grade, district scale precious metals projects in the Americas. MAG is emerging as a top-tier primary silver mining company through its (44%) joint venture interest in the 4,000 tonnes per day Juanicipio Mine, operated by Fresnillo plc (56%). The mine is located in the Fresnillo Silver Trend in Mexico, the world's premier silver mining camp, where in addition to underground mine production and processing of high-grade mineralised material, an expanded exploration program is in place targeting multiple highly prospective targets. MAG is also executing multi-phase exploration programs at the 100% earn-in Deer Trail Project in Utah and the 100% owned Larder Project, located in the historically prolific Abitibi region of Canada. Neither the Toronto Stock Exchange nor the NYSE American has reviewed or accepted responsibility for the accuracy or adequacy of this press release, which has been prepared by management. Certain information contained in this release, including any information relating to MAG's future oriented financial information, are 'forward-looking information' and 'forward-looking statements' within the meaning of applicable Canadian and United States securities legislation (collectively herein referred as 'forward-looking statements'), including the 'safe harbour' provisions of provincial securities legislation, the U.S. Private Securities Litigation Reform Act of 1995, Section 21E of the U.S. Securities Exchange Act of 1934, as amended and Section 27A of the U.S. Securities Act. Such forward-looking statements include, but are not limited to: When used in this release, any statements that express or involve discussions with respect to predictions, beliefs, plans, projections, objectives, assumptions or future events of performance (often but not always using words or phrases such as 'anticipate', 'believe', 'estimate', 'expect', 'intend', 'plan', 'strategy', 'goals', 'objectives', 'project', 'potential' or variations thereof or stating that certain actions, events, or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved, or the negative of any of these terms and similar expressions), as they relate to the Company or management, are intended to identify forward-looking statements. Such statements reflect the Company's current views with respect to future events and are subject to certain known and unknown risks, uncertainties and assumptions. Forward-looking statements are necessarily based upon estimates and assumptions, which are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the Company's control and many of which, regarding future business decisions, are subject to change. Assumptions underlying the Company's expectations regarding forward-looking statements contained in this release include, among others: MAG's ability to carry on its various exploration and development activities including project development timelines, the timely receipt of required approvals and permits, the price of the minerals produced, the costs of operating, exploration and development expenditures, the impact on operations of the Mexican tax and legal regimes, MAG's ability to obtain adequate financing, outbreaks or threat of an outbreak of a virus or other contagions or epidemic disease will be adequately responded to locally, nationally, regionally and internationally. Although MAG believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and many factors could cause actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements including amongst others: commodities prices; changes in expected mineral production performance; unexpected increases in capital costs or cost overruns; exploitation and exploration results; continued availability of capital and financing; general economic, market or business conditions; risks relating to the Company's business operations; risks relating to the financing of the Company's business operations; risks related to the Company's ability to comply with restrictive covenants and maintain financial covenants pursuant to the terms of the Company's senior secured revolving credit facility with the Bank of Montreal; risks relating to the operation of Juanicipio and the minority interest investment in the same; risks relating to the Company's property titles; risks related to receipt of required regulatory approvals; pandemic risks; conflicts in Europe and the Middle East; the potential impact of any tariffs, countervailing duties or other trade restrictions; risks relating to the Company's financial and other instruments; operational risk; environmental risk; political risk; currency risk; market risk; capital cost inflation risk; risk relating to construction delays; the risk that data is incomplete or inaccurate; the risks relating to the limitations and assumptions within drilling, engineering and socio-economic studies relied upon in preparing economic assessments and estimates, including the updated Technical Report filed on March 27, 2024; as well as those risks more particularly described under the heading 'Risk Factors' in the Company's Annual Information Form dated March 27, 2024 available under the Company's profile on SEDAR+ Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made and, other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change. For the reasons set forth above, investors should not attribute undue certainty to or place undue reliance on forward-looking statements. Please Note: Investors are urged to consider closely the disclosures in MAG's annual and quarterly reports and other public filings, accessible through the Internet ____________________________ 1 Adjusted EBITDA, cash cost per ounce, all-in sustaining cost per ounce and free cash flow are non-IFRS measures, please see below ' Non-IFRS Measures ' section and section 12 of the Q1 2025 MD&A for a detailed reconciliation of these measures to the Q1 2025 Financial Statements. 2 Equivalent silver head grade and equivalent silver production have been calculated using the following price assumptions to translate gold, lead and zinc to 'equivalent' silver head grade and 'equivalent' silver production: $29/oz silver, $2,500/oz gold, $0.90/lb lead and $1.30/lb zinc. 3 Equivalent silver ounces sold have been calculated using realized prices to translate gold, lead and zinc to 'equivalent' silver ounces sold (metal quantity, multiplied by metal price, divided by silver price). Three months ended March 31, 2025 realized prices: $33.60/oz silver, $3,031.18/oz gold, $0.89/lb lead and $1.25/lb zinc. 4 Results of and an update on the Deer Trail Project were reported on February 24, 2025 (for more information, please see news release dated February 24, 2025 available under the Company's SEDAR+ profile at ). 5 Results of and an update on the Larder Project were reported on February 24, 2025 (for more information, please see news release dated February 24, 2025 available under the Company's SEDAR+ profile at ). For further information on behalf of MAG Silver Corp., please contact Fausto Di Trapani, Chief Financial Officer. Phone: (604) 630-1399 Toll Free: (866) 630-1399 Email: [email protected]
Yahoo
07-05-2025
- Business
- Yahoo
Fidelity National (FIS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended March 2025, Fidelity National Information Services (FIS) reported revenue of $2.53 billion, up 2.6% over the same period last year. EPS came in at $1.21, compared to $1.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.5 billion, representing a surprise of +1.10%. The company delivered an EPS surprise of +0.83%, with the consensus EPS estimate being $1.20. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Fidelity National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Banking Solutions : $1.72 billion compared to the $1.71 billion average estimate based on eight analysts. The reported number represents a change of +2% year over year. Revenue- Corporate and Other : $50 million versus the eight-analyst average estimate of $49.64 million. The reported number represents a year-over-year change of -35.1%. Revenue- Capital Market Solutions : $764 million versus the eight-analyst average estimate of $756.36 million. The reported number represents a year-over-year change of +8.2%. Adjusted EBITDA- Banking Solutions : $688 million versus the four-analyst average estimate of $720.66 million. Adjusted EBITDA- Corporate and other : -$99 million versus -$129.07 million estimated by four analysts on average. Adjusted EBITDA- Capital Market Solutions: $369 million versus $360.18 million estimated by four analysts on average. View all Key Company Metrics for Fidelity National here>>> Shares of Fidelity National have returned +14% over the past month versus the Zacks S&P 500 composite's +11.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Fidelity National Information Services, Inc. (FIS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
TechCrunch
05-05-2025
- Business
- TechCrunch
A stealth AI model beat DALL-E and Midjourney on a popular benchmark. Its creator just landed $30M.
Recraft, the startup behind a mysterious image model that beat OpenAI's DALL-E and Midjourney on a respected industry benchmark last year, has raised a $30 million Series B round led by Accel, it exclusively told TechCrunch. Other investors in the round include Khosla Ventures and Madrona. Based in San Francisco, Recraft previously raised a $12 million Series A led by Khosla in 2024. The San Francisco-based startup says it recently passed $5 million in ARR and 4 million users. The startup caught industry attention when its model, codenamed 'red_panda,' topped the Artificial Analysis benchmark last year. This was actually Recraft's V3, which earned its name because early users kept generating images of the cute mammal, Recraft's founder and CEO Anna Veronika Dorogush told TechCrunch. Recraft says it builds its own models from scratch and competes with other image generators like Midjourney, Adobe Firefly, Stable Diffusion and Black Forest Labs, Dorogush said. But Recraft's AI particularly excels at generating images for brands. That means allowing them to place logos exactly where needed without extra editing, or easily generating new marketing materials like brochures and posters that comply with existing branding guidelines. It's an area where existing image models often fall short, according to Dorogush. That puts Recraft closer to competing with design tools like Canva, which also has an AI generator for branding purposes. Recraft is also notable for having a solo female founder and CEO. Dorogush founded Recraft after years of working on machine learning at Yandex – the Russian Google competitor – along with prior stints at Google and Microsoft. Before building AI models, Dorogush worked as a professional model while she earned a math and computer science degree at one of Russia's top universities. She ended up leaving that line of work, but says it taught her that simply working hard – like showing up to endless casting calls – wasn't enough. Techcrunch event Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | BOOK NOW 'The biggest lesson from that time was that grinding isn't everything,' Dorogush said. 'Now when building a company, I know that to succeed, we have to be excellent at what's mission-critical. In our case, building models is very important. So we have put all the effort into excelling at this.'
Time Business News
02-05-2025
- Business
- Time Business News
Utilizing Innovative Digital Footprint Analysis for Crypto Asset Recovery in the USA
Sacramento, California – April 25, 2025 – Tawny Swift Ltd., a leading crypto recovery firm specializing in tracing and recovering lost or stolen cryptocurrency, today announced its groundbreaking 'Digital Footprint Analysis' model, designed to revolutionize the landscape of crypto asset recovery in the United States. Digital Footprint Analysis leverages cutting-edge technology and sophisticated investigative techniques to meticulously trace the digital trail left by illicit transactions. Unlike traditional methods that often struggle to navigate the complexities of blockchain technology, this new model focuses on identifying and analyzing the comprehensive digital footprint associated with the theft or loss. ' We recognize that cryptocurrency, despite its perceived anonymity, leaves a traceable digital footprint ,' explains David Braxton, CEO of Tawny Swift Ltd. ' Our Digital Footprint Analysis meticulously connects the dots, examining transaction data, IP addresses, online activity, and other digital breadcrumbs to identify the movement of stolen assets and ultimately, the perpetrators .' This innovative approach offers a significant advantage in recovering lost or stolen crypto assets. By going beyond simple transaction tracing, Tawny Swift's Digital Footprint Analysis delves into the deeper layers of the digital landscape, uncovering valuable information that can lead to the identification of culprits and the recovery of crypto funds. The benefits of this new model include: Increased Recovery Rates: A more comprehensive analysis leads to a higher probability of successfully tracing and recovering lost or stolen assets. Enhanced Investigative Capabilities: Digital Footprint Analysis equips investigators with a broader range of tools and techniques to understand the intricacies of crypto theft. Improved Legal Action: The detailed evidence gathered through Digital Footprint Analysis provides a stronger foundation for legal action and potential asset forfeiture. Deterrent Effect: By demonstrating the traceability of crypto transactions, this model serves as a deterrent against future illicit activities within the cryptocurrency space. Tawny Swift Ltd. is committed to providing comprehensive support to victims of crypto theft and loss. The introduction of Digital Footprint Analysis marks a significant step forward in the firm's mission to empower individuals and businesses to recover their digital assets and navigate the complex world of cryptocurrency with confidence. About Tawny Swift Ltd. Tawny Swift Ltd. is a leading crypto recovery firm specializing in tracing and recovering lost or stolen cryptocurrency. With a team of experienced investigators and cutting-edge technology, Tawny Swift Ltd. provides comprehensive solutions for individuals and businesses seeking to reclaim their digital assets. Media Contact: Company Name: Tawny Swift Ltd Contact Person: Peter Lim Website: Email: contact@ TIME BUSINESS NEWS
