Latest news with #PLDT
GMA Network
26-05-2025
- Sport
- GMA Network
Brooke Van Sickle to be feted as MVP in inaugural PVL Press Corps Awards Night
Brooke Van Sickle of the Petro Gazz Angels will banner the list of awardees in the inaugural PVL Press Corps Awards Night on Wednesday. Van Sickle was named the PVL Season MVP after leading the Angels to the All-Filipino crown and ending Creamline's bid for its fifth straight title. Van Sickle topped the voting with a weighted score of 227.6 points which is calculated from 50% statistics, 30% media votes, and 20% team votes. The 27-year old Petro Gazz outside hitter edged Creamline's Bernadeth Pons and Michele Gumabao for the said plum. Thea Gagate of ZUS Coffee, meanwhile, was named Rookie of the Year, while the Mythical Team included Van Sickle and Pons (Best Outside Spikers), PLDT's Majoy Baron and Creamline's Bea de Leon (Best Middle Blockers), Galeries' Alyssa Eroa (Best Libero), Cignal's Gel Cayuna (Best Setter), and Farm Fresh's Trisha Tubu (Best Opposite Spiker). Jude Garcia of Criss Cross, meanwhile, was named Spikers' Turf MVP. Other awardees include: -Creamline Cool Smashers (Team of the Year) -Sherwin Meneses of Creamline (Coach of the Year) -Jonathan Ng of Creamline (Executive of the Year) -Eli Soyud of Akari (Most Improved Player) -Alyssa Eroa of Galeries (Comeback Player of the Year) -Chie Saet of Petro Gazz (Miss Quality Minutes) -Spikers Turf Mythical Team: Jude Garcia and Sherwin Caritativo (Best Outside Spikers), Gian Glorioso and Giles Torres (Best Middle Blockers), Vince Lorenzo (Best Libero), Ish Polvorosa (Best Setter), Steven Rotter (Best Opposite Spiker) -Deanna Wong of Choco Mucho (Fan Favorite) -Choco Mucho vs PLDT, All-Filipino Conference Quarterfinals Game 2 (Game of the Year) —Justin Kenneth Carandang/JMB, GMA Integrated News
Yahoo
16-05-2025
- Business
- Yahoo
PLDT Inc (PHI) Q1 2025 Earnings Call Highlights: Resilient Revenue Growth Amid Market Challenges
Release Date: May 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. PLDT Inc (NYSE:PHI) reported a 2% increase in revenue, reaching 53.4 billion, driven by strong performance in fiber and ICT segments. The company's EBITDA grew by 2% to 27.9 billion, showcasing effective cost management and a resilient revenue base. Maya, PLDT's fintech arm, turned profitable this quarter, contributing positively to the core income. The shift from legacy to fiber is progressing well, with fiber now representing 97% of total home revenues. PLDT's new hyperscale data center, Vitro Santa Rosa, enhances its competitive edge in the digital infrastructure landscape. Telco core income decreased by 6% year on year, mainly due to increased depreciation from network expansion. Mobile revenues declined slightly to 21.3 billion, affected by lower packet Wi-Fi usage and adjustments in prepaid packages. The enterprise segment faced challenges due to the shutdown of POGO operations, impacting connectivity revenues. Depreciation and financing costs are expected to remain at current levels, potentially affecting future profitability. PLDT is unable to provide net income guidance for 2025 due to the fluid market environment. Warning! GuruFocus has detected 3 Warning Signs with PHI. Q: On the enterprise segment, you've mentioned pogo revenue pressures in the first quarter. Is this expected to continue, or should we see enterprise accelerating in the following quarters? A: (Unidentified_5) POGOs were shut down in July last year, and we anticipate some continued impact until about Q3. However, our programs have helped maintain flat performance and make up for revenue gaps. Q: Can you provide details on the take-up levels for the new capacities at Vitro Santa Rosa? Have you signed anchor tenants? A: (Unidentified_6) We have landed a major hyperscale customer using 4 megawatts of capacity. There is significant interest from Western and Chinese hyperscalers, and ongoing discussions with enterprises to fill up the capacity. Q: Regarding Maya, where do you see the profit momentum for the rest of the year? A: (Unidentified_7) We have been reducing losses and are now profitable. We expect a steady and gradual improvement in margins and profitability as we scale, rather than a rapid increase. Q: What are your thoughts on the mobile business for the second quarter, given the challenges in the first quarter? A: (Unidentified_8) While the market has softened, we continue to see year-on-year growth in traffic, which gives us confidence in monetizing demand. We focus on innovations and best-in-class network and customer experience. Q: Can you comment on the potential enterprise revenue uplift from Vitro Santa Rosa once fully operational, and do you recognize revenues from current AI workloads? A: (Unidentified_6) Vitro Santa Rosa is energized with an anchor tenant taking 4 megawatts. We are AI-ready with live workloads and plan to launch GPU as a service to make AI accessible to enterprises in the Philippines. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
16-05-2025
- Business
- Yahoo
PLDT Inc (PHI) Q1 2025 Earnings Call Highlights: Resilient Revenue Growth Amid Market Challenges
Release Date: May 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. PLDT Inc (NYSE:PHI) reported a 2% increase in revenue, reaching 53.4 billion, driven by strong performance in fiber and ICT segments. The company's EBITDA grew by 2% to 27.9 billion, showcasing effective cost management and a resilient revenue base. Maya, PLDT's fintech arm, turned profitable this quarter, contributing positively to the core income. The shift from legacy to fiber is progressing well, with fiber now representing 97% of total home revenues. PLDT's new hyperscale data center, Vitro Santa Rosa, enhances its competitive edge in the digital infrastructure landscape. Telco core income decreased by 6% year on year, mainly due to increased depreciation from network expansion. Mobile revenues declined slightly to 21.3 billion, affected by lower packet Wi-Fi usage and adjustments in prepaid packages. The enterprise segment faced challenges due to the shutdown of POGO operations, impacting connectivity revenues. Depreciation and financing costs are expected to remain at current levels, potentially affecting future profitability. PLDT is unable to provide net income guidance for 2025 due to the fluid market environment. Warning! GuruFocus has detected 3 Warning Signs with PHI. Q: On the enterprise segment, you've mentioned pogo revenue pressures in the first quarter. Is this expected to continue, or should we see enterprise accelerating in the following quarters? A: (Unidentified_5) POGOs were shut down in July last year, and we anticipate some continued impact until about Q3. However, our programs have helped maintain flat performance and make up for revenue gaps. Q: Can you provide details on the take-up levels for the new capacities at Vitro Santa Rosa? Have you signed anchor tenants? A: (Unidentified_6) We have landed a major hyperscale customer using 4 megawatts of capacity. There is significant interest from Western and Chinese hyperscalers, and ongoing discussions with enterprises to fill up the capacity. Q: Regarding Maya, where do you see the profit momentum for the rest of the year? A: (Unidentified_7) We have been reducing losses and are now profitable. We expect a steady and gradual improvement in margins and profitability as we scale, rather than a rapid increase. Q: What are your thoughts on the mobile business for the second quarter, given the challenges in the first quarter? A: (Unidentified_8) While the market has softened, we continue to see year-on-year growth in traffic, which gives us confidence in monetizing demand. We focus on innovations and best-in-class network and customer experience. Q: Can you comment on the potential enterprise revenue uplift from Vitro Santa Rosa once fully operational, and do you recognize revenues from current AI workloads? A: (Unidentified_6) Vitro Santa Rosa is energized with an anchor tenant taking 4 megawatts. We are AI-ready with live workloads and plan to launch GPU as a service to make AI accessible to enterprises in the Philippines. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
08-05-2025
- Business
- Yahoo
Amdocs (NASDAQ:DOX) Reports Q1 In Line With Expectations
Examining a company's long-term performance can provide clues about its quality. Any business can have short-term success, but a top-tier one grows for years. Powering the digital experiences of approximately 400 communications companies worldwide, Amdocs (NASDAQ:DOX) provides software and services that help telecommunications and media companies manage customer relationships, monetize services, and automate network operations. "Q2 was a good quarter for Amdocs as we executed our strategy to deliver the cloud, digital, and AI-based solutions our customers need to ensure amazing experiences and seamless connectivity for billions of people each day. Revenue of $1.13 billion was up 4% from a year ago in pro forma(1) constant currency(2), and deal conversion was strong, led by continued sales momentum in cloud. Amdocs has won a deal to facilitate the migration of both Amdocs and non-Amdocs applications to Microsoft Azure for a Tier-1 European service provider, and we were also selected for the next phase of PLDT's cloud modernization journey in Philippines. Consumer Cellular, a new US client for Amdocs, has chosen our SaaS-based connectX solution to expedite the launch of new digital brands. We also extended our collaboration with NVIDIA and other GenAI partners to further evolve Amdocs' amAIz platform and to support the data and GenAI requirements of our customers," said Shuky Sheffer, president and chief executive officer of Amdocs Management Limited. Revenue Guidance for Q2 CY2025 is $1.13 billion at the midpoint, roughly in line with what analysts were expecting Is now the time to buy Amdocs? Find out in our full research report . Telecom software provider Amdocs (NASDAQ:DOX) met Wall Street's revenue expectations in Q1 CY2025, but sales fell by 9.4% year on year to $1.13 billion. The company expects next quarter's revenue to be around $1.13 billion, close to analysts' estimates. Its non-GAAP profit of $1.78 per share was 4.5% above analysts' consensus estimates. Story Continues With $4.75 billion in revenue over the past 12 months, Amdocs is one of the larger companies in the business services industry and benefits from a well-known brand that influences purchasing decisions. However, its scale is a double-edged sword because it's challenging to maintain high growth rates when you've already captured a large portion of the addressable market. To expand meaningfully, Amdocs likely needs to tweak its prices, innovate with new offerings, or enter new markets. As you can see below, Amdocs's sales grew at a sluggish 2.8% compounded annual growth rate over the last five years. This shows it failed to generate demand in any major way and is a rough starting point for our analysis. Amdocs Quarterly Revenue Long-term growth is the most important, but within business services, a half-decade historical view may miss new innovations or demand cycles. Amdocs's recent performance shows its demand has slowed as its revenue was flat over the last two years. Amdocs Year-On-Year Revenue Growth We can better understand the company's revenue dynamics by analyzing its backlog, or the value of its outstanding orders that have not yet been executed or delivered. Amdocs's backlog reached $4.17 billion in the latest quarter and averaged 1.6% year-on-year growth over the last two years. Because this number is in line with its revenue growth, we can see the company effectively balanced its new order intake and fulfillment processes. Amdocs Backlog This quarter, Amdocs reported a rather uninspiring 9.4% year-on-year revenue decline to $1.13 billion of revenue, in line with Wall Street's estimates. Company management is currently guiding for a 9.6% year-on-year decline in sales next quarter. Looking further ahead, sell-side analysts expect revenue to decline by 3.4% over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and indicates its products and services will see some demand headwinds. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Operating Margin Amdocs has been an efficient company over the last five years. It was one of the more profitable businesses in the business services sector, boasting an average operating margin of 14%. Analyzing the trend in its profitability, Amdocs's operating margin might fluctuated slightly but has generally stayed the same over the last five years. This raises questions about the company's expense base because its revenue growth should have given it leverage on its fixed costs, resulting in better economies of scale and profitability. Amdocs Trailing 12-Month Operating Margin (GAAP) In Q1, Amdocs generated an operating profit margin of 17.5%, up 5 percentage points year on year. This increase was a welcome development, especially since its revenue fell, showing it was more efficient because it scaled down its expenses. Earnings Per Share We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. Amdocs's EPS grew at a decent 8.9% compounded annual growth rate over the last five years, higher than its 2.8% annualized revenue growth. However, this alone doesn't tell us much about its business quality because its operating margin didn't expand. Amdocs Trailing 12-Month EPS (Non-GAAP) Diving into Amdocs's quality of earnings can give us a better understanding of its performance. A five-year view shows that Amdocs has repurchased its stock, shrinking its share count by 16.7%. This tells us its EPS outperformed its revenue not because of increased operational efficiency but financial engineering, as buybacks boost per share earnings. Amdocs Diluted Shares Outstanding In Q1, Amdocs reported EPS at $1.78, up from $1.56 in the same quarter last year. This print beat analysts' estimates by 4.5%. Over the next 12 months, Wall Street expects Amdocs's full-year EPS of $6.76 to grow 7.8%. Key Takeaways from Amdocs's Q1 Results We were impressed by how significantly Amdocs blew past analysts' full-year EPS guidance expectations this quarter. We were also happy its EPS outperformed Wall Street's estimates. On the other hand, EBITDA missed and its EPS guidance for next quarter missed. Overall, this print was mixed. The areas below expectations seem to be driving the move, and the stock traded down 3.5% to $86.26 immediately after reporting. Is Amdocs an attractive investment opportunity at the current price? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free.
Yahoo
28-02-2025
- Business
- Yahoo
PLDT Eyes KKR Stake to Take Control of Philippines Fintech Unit
(Bloomberg) -- PLDT Inc. is interested in acquiring KKR & Co.'s stake in its fintech affiliate in a move that could allow the top Philippine telecom company retake control of the now-profitable business. The Trump Administration Takes Aim at Transportation Research Shelters Await Billions in Federal Money for Homelessness Providers NYC's Congestion Pricing Pulls In $48.6 Million in First Month New York's Congestion Pricing Plan Faces Another Legal Showdown NYC to Shut Migrant Center in Former Hotel as Crisis Eases 'It looks like Maya is starting to turn the corner. We'd be keen to increase our stake,' PLDT Chairman and CEO Manuel Pangilinan told reporters on Thursday. PLDT reported its 2024 net income rose 21% to 32.3 billion pesos ($558 million) as Maya Innovations Holdings became profitable in December, backed by the strong performance of its digital banking arm. PLDT founded Maya — formerly called Voyager Innovations — in 2013 and owns about 38% of the company. KKR holds a stake of around 30%. The global fund, which first invested in the fintech group in 2018, is 'scanning the market for values for Maya,' Pangilinan said. 'We'd be a buyer of whatever might be available,' he said. Retaking control of Maya would allow PLDT to have more say in the company that's facing growing competition with bigger rival GCash. Backed by Jack Ma's Ant Group, GCash has dominated mobile payments in the Philippines and is working to build its banking business, an area of focus for Maya. Along with PLDT and KKR, other investors in Maya include PLDT parent First Pacific Co., Chinese technology giant Tencent Holdings Ltd. and the World Bank's International Finance Corp. Pangilinan also said PLDT is in talks with a foreign investor for the sale of a minority stake in its data center unit after negotiations with CVC Capital Partners ended without a deal. He declined to identify the prospective buyer. He earlier valued PLDT's data center business at over $1 billion and a partial sale would help the group cut its debt. The company may sell some property assets if efforts to find an investor for the data center business fail. 'Compared to data centers around the region, we're modest sized. We want to grow that so that we achieve the right timing for the right valuation for our data centers and not pre-sell it ahead of its time,' he said. Trump's SALT Tax Promise Hinges on an Obscure Loophole Warner Bros. Movie Heads Are Burning Cash, and Their Boss Is Losing Patience Walmart Wants to Be Something for Everyone in a Divided America China Learned to Embrace What the US Forgot: The Virtues of Creative Destruction Meet Seven of America's Top Personal Finance Influencers ©2025 Bloomberg L.P. Sign in to access your portfolio
